THE WORLD IS AN ABYSS V

02/02/2010

THE WORLD IS AN ABYSS V

And the economic down turn shall continue.

If you believe I am wrong then think again. I have been warning of this day for fifteen years or more, and as we have continued along I have explained the various matrices and the reasons for the way the economy and the markets were behaving in that moment. Four years ago,in late 2006, I told Chip Bailey on his radio show, and tried to show Joe Gorecki why the market's were wrong and the Dow should be at six thousand, markets have had no relation with reality for a while, but they were wrong then and they are wrong now.

A theory is just that, a theory, and it is only as good as the premises it is based on. Economics is not and exact science, and that is why we are here, well also because of the money is being manipulated by charlatans and the governments. Why is it that no Nobel winner saw it coming, they wanted the future to confirm their fantasies. Did not Alan Greenspan admit that he was wrong in his assumptions about the human behavior.

Look around you, look at the society, here and abroad, given the opportunity the humans will sink to the base, is that not what I have been saying,

Then here is the rest of your future. I f you are a working stiff, you have no money in your 401k, your retirement fund is broke, and they are talking about your social security start date will be delayed, there is no money left in your medicare fund either. I f you have kids that will be going to college, there is no money for that either, of course there are Pell grants and student loans, but good luck.

How did we ever become convinced that we could all get rich by spending borrowed money? And this is the same mantra that Bush was pushing for eight years and Reagan did before every body else. And now Obama is being trashed for saying the same thing, granted he is naive, that he was naive, I have said that much, I said it the day he was elected. He did not know what he was getting himself in to.


LIFE IS A GAME OF CONNECT THE DOTS, IF YOU DON'T CONNECT ALL THE DOTS OR DON'T CONNECT THEM IN THE RIGHT ORDER YOU NEVER GET THE PICTURE