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Membre depuis mai 2012
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A laissé un commentaire sur l'article :
>Fed's Bubbles to Slaughter Middle Class  - Michael Pento - Delta Global Advisors
The answer to your question, which is an excellent one, very much depends upon who you are, where you are (both geographicly and in terms of how far along in your journey through life you are) and if we are acting individually or collectively.

To begin, let me be clear that i operate with the clear understanding that the system is irretrievably broken. We are getting to witness its death in slow motion as those who manipulate the controls do what they can to keep it going, enabling the largest transfer of wealth in human history to continue.

As America has both the largest economy and the reserve currency of the world, the system will not meet its demise until the sovereign debt crisis comes home to roost in the land of the watched, home of the fleeced. If nature is to take its place, before that happens, we will witness the demise of the euro, yen and quite possibly, the pound.

On an individual level, no matter where we reside, we can seek to protect our wealth in a number of ways. Quite obviously, all of us here are aware that gold and silver will preserve our wealth on the day America goes to debtor's prison. But there are other tangible assets also and if possible, i believe it wise to diversify.

That leads us to what can be done acting collectively. It is the question least being asked. Is that because so few have thought to ask it, or because there have not been good answers?

My sense of what can and should be done is to speed up the slow motion demise of the entire system. It not only should be done so as that there is less time for the upward transfer of wealth to take place, but i think it is well past high time that some of the culprits face criminal charges.

J. S. Kim has suggested that the way to bring down the system is to buy gold. We should, but that will never work. The market is tiny to begin with and because most gold does not get used up, there will always be a fresh supply of recycled gold with each new high.

In private there may be groups plotting to bring down the system through violence. Those groups might consist of Mac Slavo's crazy cousin's readers, or they may consist of army officers. In truth, we do not know. But to be certain, America is preparing for domestic violence. Inded, they may even welcome it, for it would give them one more reason to clamp down harder on civil rights and become even more intrusive; as though cameras on every corner and drones circling overhead was not enough.

My own solution is to form a third party. Its platform would be that it would reconstitute America with a new constitution, bill of rights, system of government and legal code. (Many of the old elements could be incorporated into the new ones.) It would also promise to restructure all debt, public and private (though repudiation of it would be the more serious threat) and bring to justice those who are no longer too big to jail. The government would be powerless to prevent a peaceful, democratic movement from taking shape. With such a party having even 25% public support, the system would come crashing down before anyone even got to vote, for no one in their right mind would buy a Treasury and when the Treasury market collapses, the gig will be up.







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Début de l'article :When central bankers dedicate their existence to re-inflating asset bubbles, it shouldn't at all be a surprise to investors that they eventually achieve success. Ben Bernanke has aggressively attempted to prop up the real estate and equity markets since 2008. His efforts to increase the broader money supply and create inflation have finally supported home prices, sent the Dow Jones Industrial average to a record nominal high and propelled the bond bubble to dizzying heights. The pric... Lire la suite
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