...we don’t want your garbage anymore..!!
Central Bank Money Printing
If you look at The Stock Market only one third of Equities are up and two thirds of Equities are down.
Despite what the averages are telling you most Stocks are DOWN..!!
The bulk of Stock Market Equities peaked in 2014 and the majority have been declining ever since.
People may think that the Stock Markets are up but most people who own Stocks will tell you that this is not actually the case.
What is up and what is Down..!!
It is not that Stock Markets are up it is a fact that currencies are falling which is the real picture.
In essence what we are witnessing is that it is taking more currency to buy The Market and not that The Market is worth more..!!
Central Bank Balance Sheets
It is not just the Federal Reserve Balance Sheet but all Major Central Banks throughout the World now have excessive Balance Sheets brought on simply through printing money.
The Japanese, the Europeans, the British, the Americans are all printing money at an alarming rate.
Everyone thinks that this is a wonderful idea and it is not.
Disaster
It is all going to end in a disaster.
We are heading for a time that will be the worst that we have seen in our lifetime as we are now witnessing the largest debt liability that has ever been recorded in history.
America is the largest Debtor Nation in history of the World and is growing higher and higher and at a faster pace than ever.
Debt
The Debts today are much, much, much higher than they were in 2008 and are at levels that are simply unsustainable.
The official figures coming out from Central Banks are masking a severe and disturbing problem that most people are totally oblivious too.
These artificial numbers are distorting the real picture and that the Economy is actually in RECESSION.
RECESSION
Most people are living in a worse time now than they have been in generations.
Bankruptcies, currency collapses and debt defaults are heading towards us like a tsunami and most have buried their heads in the sand.
Economies are seeing hard times throughout the World and they all have serious debt problems.
We are all in it together and we are all going to suffer.
Central Banks will continue printing and printing and printing until The Market finally says “...we don’t want your garbage anymore..!!”
Thanks for reading
Stephen
I appreciate your point of view and I generally agree with your assessment, but I would hope to see more data and less opinion, especially on a topic as data driven as the economy.
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