Source: Perpetual Assets
Chaos creates opportunities.
The crack up boom, or critical mass, is accelerating, the veil is being lifted.
What will future historians have to say about us?
Are governments inherently lazy and parasitic?
The final nail in the dollar’s coffin in 1971, and its implications on present day society.
The reserve status combined with petro-dollar power has built the largest military and entitlement society in the history of the world.
Left vs right on spending cuts, used as intentional quagmire.
The concentration of wealth and power vs the free market capitalists.
The political process is broken, collapse is inevitable.
We have a chance, we must understand and spread the principles for which this country was founded.
Derivatives – net numbers vs the real numbers. Why a failure to deliver turns a net exposure into a gross. Half of all interest rate market derivatives are at risk, learn why.
Articles cited in the interview:
From Dollar Collapse
Back in 2006, when the housing bubble was entering its truly (and obviously) manic phase, mega-bank Citigroup was being pressured by Wall Street to grow faster. And rather than pushing back against what were clearly ill-timed demands from desperately-short-sighted analysts, Citigroup CEO Chuck Prince uttered some words — and adopted a strategy — that live on in the annals of banker cluelessness:
“As long as the music is playing, you’ve got to get up and dance.”
From Zero Hedge
Despite lagging mortgage applications and home sales, homebuilder sentiment surged for the 4th month in a row to 59 (against expectations of 56) to its highest since November 2005. Prospective Buyer Traffic (hope) soared to 47. The South region rose dramatically as Midwest fell. The disconnect between hard data in the housing market and soft survey guesses by the homebuilders grows ever wider…
From Zero Hedge
“…what was once a privilege is now a burden, undermining job growth, pumping up budget and trade deficits and inflating financial bubbles. To get the American economy on track, the government needs to drop its commitment to maintaining the dollar’s reserve-currency status…The privilege of having the world’s reserve currency is one America can no longer afford.”
– former Chief Economist and Economic Adviser to Vice President Joe Biden, executive director of the White House Task Force on the Middle Class, and a member of President Obama’s economic team.
TLB recommends you visit Perpetual Assets for more great articles and pertinent information.