About this Site

During the Middle Ages the Church and State were the two supreme powers. Today it is the Banks and the State. Why the change? Let's face it. Money is so much more tangible and this-worldly than faith.

Most people just don't have the patience anymore to wait for their reward in the afterlife. They want it now and their battle-cry has become, "We want it all and we want it now."

The politicians and bankers have their own unique rallying cry which is somewhat reminiscent of pigs at the trough and sounds something like, "Gimme, gimme, gimme."

Readers who pay close attention will note I'm not very fond of fiat money or the governments that print it. Nor are academic economists among my favorite people.

Notes

September 22, 2011

Billboard Signals of Collapse

By: Jim Willie CB, GoldenJackass.com

— Posted Thursday, 22 September 2011

The billboard messages are dire, ugly, dreadful, dangerous, and full of destruction, typical of systemic failure. Too bad the Keynesian textbooks do not have a chapter on banking system insolvency, or one quarter of the households living in negative equity, or central bank toxic paper pits, or global currency war, or confiscation of tyrant accounts. The ineffective monetary & fiscal policy has ushered in the nightmarish systemic failure. That is what is occurring.

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Filed under economy economics politics news signals of collapse Keynesian economics systemic failure banking system insolvency central bank currency war monetary policy fiscal policy Federal Reserve Fed Bernanke End the Fed