Monetary Malpractice has
resulted in unprecedented levels of moral hazard and unintended consequences.
This Monetary Malpractice has left global capital markets bordering on the
precipice of becoming dysfunctional. This growing danger is reflected in the
degree to which non-performing loans against malinvestments has become
commonplace across a broad array of global economies and business sectors.
REAL Wealth and Income
creation is in FREE FALL. Recovery will not come from more of past policies.
Confiscation of wealth also known as:
- More
regulation,
- Debt
creation (borrowing from the future),
- More taxes
and
- Currency
debasement
..... has killed the developed
world economies! For decades developed world governments and Keynesian
economists have HIDDEN the unfolding demise of their private sectors and
wealth creation.
A powerful study recently
released by Harvard University, entitled "Prosperity at Risk",
points out that business leaderships overwhelmingly see America's:
- Tax Code,
- Political
system,
- K-12
education system,
- Macroeconomic
policies,
- Legal
framework,
- Regulations,
infrastructure, and
- Workforce
skills,
as the greatest current or
emerging weaknesses in the U.S. business environment.
No amount of political spin
will change the course of the economies of the developed world. Structural
change must be implemented to restore incentives to produce and create wealth
in the private sector.
In reality, private property
has been abolished and capital will flee or go on strike until it is
restored!
As wealth creation and
economies fail, the redistribution of wealth and funding of inextinguishable
and unpayable debt and entitlements has and will fall onto the printing
presses (soft default of the printing press) and public (falling
living standards as the value of the money they use and store their wealth in
loses it purchasing power).
In this comprehensive three
part series, Gordon T Long and Ty Andros are hard hitting, and call it out
with over 90 slides to support their conclusions.
Counterfeit Economies - Part I
23 Minutes, 31 Slides
Counterfeit Economies - Part II
23 Minutes 28 Slides
Counterfeit Economies - Part III
22 Minutes, 31 Slides
