The Recovery Con Game

abyRarely does one see the edge of the cliff or the bottom of the abyss before it has swallowed them.

In the years leading up the Great Depression, numerous “experts” and politicians were quick to discount the idea of economic collapse and most people were more than ready to believe them. The rising stock market, in spite of negative fiscal indicators, became a dopamine switch pushed by the fiscal elites to juice the public and distract them from the greater perils. Nothing has changed since the crash of 1929.

What history has proven, time and time again, is that classically trained and educated economists are the most useless of all analysts – perpetually wrong. Only independent analysts have ever been able to predict anything of value as far as our economic future because they have the advantage of standing outside the propaganda of brainwashed financial academia. It also proves that the appearance of prosperity means nothing is the fundamentals do not support the optimism. That is to say, a bullish stock market, a high dollar index and low unemployment percentage means nothing is such stats are generated by false methods and fiat.

Despite popular belief, very few things in our world are exactly as they seem. That which is painted as righteous, is often evil. That which is painted as kind, is often malicious. That which is painted as simple is often complex and that which is painted as complex often ends up being disturbingly two-dimensional. Regardless, if a person is only willing to look at the immediate surface, he or she will never understand the content.

Guessing market declines is extremely difficult because of the nature of QE stimulus manipulation of the Dow, but a best guess has to rely on the Fed taper and the fact that major banks have been relying on fed fiat to continually cycle capital into equities through the use of low-interest loans to corporations and the stock buyback scam. Company buybacks have given steady boosts to the markets since 2008 and many corporations are using up to 50% of their “profits” just to continue buying their own stock. But this strategy has reached a point of diminishing returns as many companies are issuing too much debt in the process. IBM is a perfect example of a company that has hit the ceiling on stock buybacks.

With the taper finished and QE money drying up, you have to ask yourself: How are companies going to continue to accumulate capital to dump into their own stock? And, if companies can’t continue their buyback scam, how are equities markets going to stay afloat? And what about government debt?

As it stands now foreign interest in US Treasury bonds is waning. The vast majority of new bonds sold are short-term. Until now the Fed has been the primary buyer of long-term debt but now that QE is over, who is going to buy this ever-expanding debt?

The whole point of the taper was to support the illusion that the US economy was recovering but international bankers are sending a very different message. On the same day as the Fed announced the end of QE3, former chairman Alan Greenspan, in a speech to the Council on Foreign Relations, lamented that the unwind would be painful, that stimulus measures had not achieved their goals in the past and that gold might be a good investment today.

The International Monetary Fund and the ECB also released statements warning that “accommodative stimulus policies” could set the stage for fiscal instability. And those ever-present overlords at the Bank of International Settlements posted a stark warning about our financial future – predicting a “violent reversal” in markets. The last time the BIS made such a prediction was the summer of 2007.

The bottom line! The stock market, the greatest false indicator of all time, is on the verge of implosion; and the banking elite are positioning themselves to avoid the blame while the peasants are being sold on the most elaborate recovery con game ever conceived. So what is the purpose of the con? What do they hope to achieve by creating a façade of recovery?

They have openly admitted on numerous occasions exactly what they want, namely, the institution of a truly global and centralized economic system revolving around a highly controlled world currency framework and dominated by a select cult of banking oligarchs.  In 1988 the financial magazine The Economist published an article titled Get Ready for a World Currency by 2018, in which they out lined the framework for a global currency system they dubbed the “Phoenix” administered by the International Monetary Fund, that would erase all national economic sovereignty and require governments to borrow from the central banking authority, rather than print, in order to finance their infrastructure programs. 

For those not familiar with the magazine The Economist, it is in large part owned by the Rothschild banking family based in London.  The Economist doesn’t have to guess on the economic developments of the future – it has an inside track on exactly what the future holds, or at least what the global elite intend for it to hold.

Source:  False East/West Paradigms Hide the Rise of Global Currency

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