Source: Miles Franklin, by Andy Hoffman
In Wednesday’s “historic market manipulation setting the stage for catastrophe,” my principal inference was that, per the time old adage, crime never pays. Perhaps in the short-term; but the longer a scam is perpetrated, the more vulnerable it becomes to its inevitable demise. Kind of like Fargo, when the initial plan to ransom Jerry’s wife morphed into a heinous killing spree, resulting in essentially all participating parties dying; as crime, like market manipulation, has significant unintended consequences, which must inevitably be addressed.
Such as, the fact that the historic money printing perpetrated on the world’s 99% by the “1%” bankers has resulted in an unprecedented debt edifice that, to paraphrase JP Morgan yesterday, can NEVER be repaid. Not to mention, the equally unprecedented oversupply, of everything from commodities, to factories, to government itself – which can only be “repaid”…
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