Hope Of A V Shaped Recovery PDF Version
I will explain very briefly why a V shaped recovery is not possible.
Think of the economy as being like a wall mirror that has fallen to the floor and shattered. The mirror can be put back together by gluing each and every piece back together but it won’t function very well as a mirror. It works the same way with the economy now that it has been shattered. It won’t be the same. It won’t be better. It will be a shattered centrally planned economy with few free market influences to set it upright,
The economy that has collapsed is the product of 40+ years of aggressive central planning. That guarantees that the economy would collapse at some point. Central planning in the United States constitutes economics in retrograde. Central economic planning can be increased or decreased. Given the mindset of rejecting both free market and democratic principles, more central planning will undoubtedly be initiated. Continue reading
The rioters remind me of and old bad behavior of young boys from years ago would engage in. They would get a rope and tie it to the tails of two individual cats. They would then hang the rope from the close line with the two cats attached to each end. The cats would get into a viscous fight. It was like each cat would blame the other but neither would have the wherewithal to focus on exactly how they got into the situation they were in.
Danger is in plain view but the mind is trained not to notice. Danger itself doesn’t exactly hide. Looking at the world through the prism of fantasy yields danger unrecognizable. Seen through the prism of fantasy, danger appears to be a friend. The notion that government is your friend or even benevolent is comforting but it is only a fantasy. Entertaining that fantasy is comforting but it may also cost you everything you own or even your life.
For years Wall Street and international banks have been steeling form the public. That public has not minded because they can’t actually see the money coming out of their pockets, so they don’t know who to blame. This may all be for the best because they would have killed to get your money if they had to. There is no high ground in the banking industry. Banking these days is mostly organized crime.