We’re in the Eye of a Global Financial Hurricane

Interesting times, this fall of Babylon; in peace

Satu Insan - Malaysia

oftwominds

Charles Hugh Smith

The only “growth” we’re experiencing are the financial cancers of systemic risk and financialization’s soaring wealth/income inequality.

The Keynesian gods have failed, and as a result we’re in the eye of a global financial hurricane.

The Keynesian god of growth has failed.

The Keynesian god of borrowing from the future to fund today’s consumption has failed.

The Keynesian god of monetary stimulus / financialization has failed.

Every major central bank and state worships these Keynesian idols:

1. Growth. (Never mind the cost or what kind of growth–all growth is good, even the financial equivalent of aggressive cancer).

2. Borrowing from the future to fund today’s keg party, worthless college diploma, particle board bookcase, stock buy-back, etc. (oops, I mean “investment”)–a.k.a. deficit spending which is a polite way of saying this unsavory truth: stealing from our children and grandchildren to fund our lifestyles today.

3. Monetary stimulus…

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One thought on “We’re in the Eye of a Global Financial Hurricane

  1. Rituals, Sacrificial altars, and Babylonian system as foundation for civilization…

    Ever wonder why the worldwide money system is so corrupt and evil?
    G. Edward Griffin once said, “The Federal Reserve is a hybrid organization. It’s a partnership between the Federal Government and the private banks. When you look at it deeper than that, its essence is neither as a government agency nor a private company. In reality, it is a cartel.”

    Notice, G. Edward Griffin says that the Federal Reserve is a “hybrid organization.”
    Does he even know just how true that statement apparently is?
    Listen to this interview Rob Skiba did with Tim Bence and discover just how dark the origin if this “Creature From Jeckyll Island” really is.

    Below is a Short clip recording the buildings atop burial sites where giant native Americans (Indians) were buried, and paintings depicting them sacrificing babies at the altar:

    Title: Canaanite Altars and the Federal Reserve
    Video posted 31 Jan 2013

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