The tid-bit of news, at the end of the following article, confirms the rock-solid predictions (garnered from our ONLY source on these things – Who is never wrong) made in our Blogs of 11/18 & 11/21/11. In those Blogs, we identified the ‘players’ and the ‘field of play’ for the coming European Union of all monetary and fiscal authority in one body, which will be ultimately effected by the tried and true process of 'gradualism.'
As we very clearly predicted in the 11/18 Blog, the world’s stock markets will then go ‘cheerily’ and ‘wildly crazy’ and all pundits, ‘talking heads’ and various assorted ‘economic authorities’ will be trotted out on MSM to give the “All Clear” to all the ‘Dupes.’ They will all then madly rush into the equity markets during the “Great Deception of 2012.”
As we very clearly predicted in the 11/18 Blog, the world’s stock markets will then go ‘cheerily’ and ‘wildly crazy’ and all pundits, ‘talking heads’ and various assorted ‘economic authorities’ will be trotted out on MSM to give the “All Clear” to all the ‘Dupes.’ They will all then madly rush into the equity markets during the “Great Deception of 2012.”
They will do so primarily at the behest of their Brokers who are forever chasing the “tail of the dog.” Of course, they will then be subsequently crushed (2013-14) in the massive selling by all “who can see” and then utterly drowned in the resurging “Kondratieff” Long-Wave Super Tsunami that will engulf ALL the worlds’ economies, as the true horror of the on-going ‘recession’ that is really a massively on-going ‘Depression’ becomes increasingly impossible to hide, and the burden of insufferably high interest rates on the absolutely Humongous Sovereign Debt Burdens begin to choke off capital in ALL the Western World.
Oh, But, Of course, none of this completely foreseeable madness will have been seen ahead of time by the economic experts who also failed to see the ‘Internet Bubble’ of 2000 nor did they see the RE “Bubble of 2002-06, nor could they have possibly seen the Credit-Crisis of 2007-08* because they (Like FED Chairman Bernanke) claimed that, “No one saw the Credit Crisis of 2007-08 ahead of time!”
So here, we have the foundations being laid for the “Surprise that should come as NO surprise” that we detailed in our Blog of 11/28. Many, many companies will be fooled by the “Great Deception of 2012” and the then congruent predictions of massive leaps in the US GDP and rising RE prices (that will STILL BE ACTUALLY falling in 'inflation adjusted' terms) and they will then become trapped into inappropriate forward planning that will ultimately prove disastrous.
Will you and your company be one of those or will you be ready for these economic machinations?
Incidentally, Cameron’s refusal to join in agreements that would ultimately dilute the insularity and the sovereignty of the City of London holds great import and very few recognize the profound implications of his refusals on this matter.
Cameron Negotiates U.K.’s Isolation in EU
Bloomberg; By Gonzalo Vina and Rebecca Christie - Dec 9, 2011 8:05 AM ET
“…Cameron broke ranks with French President Nicolas Sarkozy and German Chancellor Angela Merkel after he failed to secure safeguards that would have stopped European Union plans to police financial services in London, Europe’s trading hub. …
… In an accord hailed by ECB President Mario Draghi, the leaders outlined a “fiscal compact” to prevent future debt runups, accelerated the start of a planned 500 billion-euro rescue fund and dropped bondholder loss-sharing provisions. ….
Merkel said EU states were familiar with the position taken by Cameron given that the U.K. has had a euro opt-out “from the very beginning.”
“With the text agreed yesterday, very simply we offered the opportunity to take part in the treaty in its entirety,” Merkel told reporters in Brussels today. “I really don’t believe David Cameron was ever with us at the table.” Leaders took the decision to press ahead because “we couldn’t accept weak compromises on the euro, rather we had to make hard rules.”
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