Yesterday Peacenik felt a flicker of summertime fun. Today Peacenik read Ilargi. Ilargi is talking about the scourge of deflation. Ilargi says it is imminent. Ilargi says everything is coming apart now. Ilargi has freaked Peacenik out. That flicker of summertime fun.....gone. Ilargi says it is time to gather your family. Peacenik will still be heading into the wilderness later this summer. But Peacenik wonders what will greet Peacenik when Peacenik returns.
Ilargi: All I really want to say today is: "Watch out people, the whole thing is falling apart. Assume that it will, and act accordingly. The risk of not doing so is simply too great." I'm not talking about money, or only about money at least. It's time to take a good look around and see where you are. Where is your family, where are your friends? Can you bring them closer to you, can you wake them up? What can you provide for yourself in you present setting? Can you feed yourself, your kids, your parents?
For those of us who follow the economic news it must be clear by now: there are no green shoots. And there never have been, as I've consistently maintained throughout. It was all just make believe from the get-go. The Obama administration never believed their own stories either (they're not that "thick"), they were just playing for time. If the polls tell you that the truth will take away the grip on power you worked so hard to achieve, you steer clear of the truth. It's called politics.
Read on...
Ilargi: All I really want to say today is: "Watch out people, the whole thing is falling apart. Assume that it will, and act accordingly. The risk of not doing so is simply too great." I'm not talking about money, or only about money at least. It's time to take a good look around and see where you are. Where is your family, where are your friends? Can you bring them closer to you, can you wake them up? What can you provide for yourself in you present setting? Can you feed yourself, your kids, your parents?
For those of us who follow the economic news it must be clear by now: there are no green shoots. And there never have been, as I've consistently maintained throughout. It was all just make believe from the get-go. The Obama administration never believed their own stories either (they're not that "thick"), they were just playing for time. If the polls tell you that the truth will take away the grip on power you worked so hard to achieve, you steer clear of the truth. It's called politics.
Read on...
