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“Inflection Point” or “Run you muthas, Run!”

21 Dec

[courtesy Google Images]

Get Ready for the “Greater Depression”  [courtesy Google Images]

I like “ranting” Andy Hoffman.  He’s intelligent, articulate and passionate about the economy and gold–plus, nobody hyperventilates like he does.

Below, you’ll find Andy’s December 18th interview. He communicates his sense of shock, outrage urgency and even hysteria over what he perceives to be happening to the global and, soon, US economies.

I generally agree with Andy.  Things are moving too fast.  Too many events of significance seem to happening almost daily.  It’s not merely impossible for Andy Hoffman, me or you to keep up with these fast-changing events–I think it’s even impossible for people in the government and/or Federal Reserve to “keep up”.

It feels to me as if we are caught in the outskirts of a hurricane.  The wind is blowing faster and faster.  And, although the wind isn’t yet fast enough to blow the roofs off our houses, I can’t help believing that roofs will start to fly, and not so long from now.

Given that today is December 21st, I know that it’s foolish to say so, but I’m not convinced that the US economy can survive even to the the end of this year (ten days from now) without suffering some sort of major dislocation.  I have no evidence other than the velocity of news and my “gut” to support that suspicion.  But I’m telling you that something feels dangerously wrong.  We are on the verge of something unpleasant and significant.

I’m not predicting an economic “crash” in the next ten days.  But I am “feeling” the presence of a significant downward step in the economy that will probably help to precipitate a later “crash”.  We’ll see that downward step fairly soon.  The world will not instantly “come to an end”. The government will “paper over” this downward step, assure the public that everything is under control and perhaps remind us that, “There’s nothing to fear, but fear itself”.  But, while our roofs may not yet fly, the hurricane’s wind speed will rise closer to “lift-off velocity”.

Although I don’t have any real evidence, I can offer a little speculation as to what or why the economy may take a sudden “hit” in the next ten days:

 

1) If the “hit” happened within the next ten days, it could blamed on the current Congress rather than the one that’s going to take office in two weeks.  That’s not a powerful argument, but it’s timely and worth contemplating.

2)  Within 10 days we might see evidence of a sufficiently bad Christmas shopping season that everyone may have to admit that the economy is in deep trouble.  Again, that’s not a powerful argument.  But, on the other hand, if the government and economists were forced to admit that “all the Fed’s horses and all the Fed’s men, couldn’t put our Humpty-Dumpty economy back together again” in time for Christmas merchandise season, it might become apparent to Americans and/or the world that there’s been no real “recovery” from the Great Recession of A.D. 2008 so far, and none can be reasonably expected.  The resulting loss of confidence might push the public to recognize that were are already in a recession and in, or near to, an economic depression.  If public sentiment turns substantially negative, there’ll be little hope that government and/or the Fed can do anything to prevent the Greater Depression.

 

I don’t want to be an alarmist and I don’t want to “sell” fear. On the other hand, rightly or wrongly, I see myself as a “watchman on the wall,” and if I see (or even think I see) something potentially dangerous on the horizon, I feel obligated to sound a warning.

Therefore, although I realize that I may wind up looking foolish by publicly suggesting that we might see some significant decline in our economy within the next ten days, my “gut” tells me to risk playing the fool.  I know that the 10-day temporal “window” is so small that the probability of some major economic problem happening in such a short period is simply too small to consider. And, I know my “gut” is probably wrong.  But, even so, unless something dramatic happens to shore up our economy in the immediate future, I will be nearly astonished if some sort or irreparable and undeniable downward step does not occur within the next 90 days.

Given the acceleration of the rate of adverse economic news, if the US and global economies are still still standing and no worse off by the end of next March than they are today, I’ll doff my hat to the government and Federal Reserve as gesture of genuine respect.  I don’t see how they can hold this mess together much longer.  If they do, I’ll be not only impressed, I’ll be amazed.

Assuming that my “gut” feelings have any value (and they might not), I think it may be incumbent on each of us to recognize that time may be running out, and we must all move quickly to prepare for a serious and imminent downward step in the economy.

 

•  Here’s Andy Hoffman’s current take on our economic circumstances.  As he points out, we are in more economic trouble right now than we’ve ever before seen.  Andy’s not “pessimistic” about our chances to avoid the coming debacle.  “Pessimism” admits that there’s still a chance, however slim, that we can still avoid the Greater Depression.  Although Andy admits that an economic collapse can be postponed for another year or so but, like me, he sees no chance whatever that an economic disaster can be avoided.  That opinion is beyond “pessimistic” and instead describes an inevitability.

For the moment, Hoffman and I agree that there is nothing sure but death, taxes–and an economic collapse.

video    00:27:57

 

 
8 Comments

Posted by on December 21, 2014 in Economic collapse, Video

 

Tags: ,

8 responses to ““Inflection Point” or “Run you muthas, Run!”

  1. genomega1

    December 21, 2014 at 2:04 PM

    Reblogged this on News You May Have Missed and commented:
    “Inflection Point” or “Run you muthas, Run!”

     
  2. Frank Moorman

    December 21, 2014 at 7:52 PM

    Apparently , you are not receiving my E’s?

    Frank Moorman

     
  3. Joe

    December 21, 2014 at 10:16 PM

    Death is not optional.

    Hebrews 9:27 (KJV) “And as it is appointed unto men once to die, but after this the judgment:”

    Taxes are optional, if a man will exercise diligence.

    Proverbs 12:24 “The hand of the diligent shall bear rule: but the slothful shall be under tribute.”

    Most Americans are taxed because they have expended the effort to learn how they have been deemed to have volunteered to be a taxpayer.

     
  4. wholy1

    December 22, 2014 at 8:58 AM

    Major false-flag to usher in war and martial law?
    From the mouth in the face of evil “Itself”, [S]ick Cheney:
    Dick Cheney predicts massive event ‘far deadlier’ than 9/11
    http://www.randpaulreview.com/2014/07/dick-cheney-predicts-massive-event-far-deadlier-than-911/

     
  5. henry

    December 22, 2014 at 9:15 AM

    The USS Titanic is sinking. Its course was changed 20 years ago. It hit the iceberg in 2008. Many people have realized that the ship is taking on water. Some have identified the holes in the hull. About half the country is struggling to keep their heads above water. Some of those steering the ship don’t have their feet wet so they are ignoring the warning signs. But, it is a big ship. With bailouts, the water has been moved around in the ship so that the panic is avoided for a little longer. The panic will come. I think that the sinking is intentional. Those who have caused the damage have figured that when the panic comes the American people will give up on the idea of governments purpose is to secure each man and woman’s unalienable rights and demand that government feed and protect them from each other. My guess is that the panic will not start until the new Republican majority is sworn in so it will get the blame for the panic.

     
  6. timmy

    December 22, 2014 at 9:43 PM

    Al, perhaps you are sensing a spiritual (dark) shift, and thinking tangibly. Of course, that could show later as political or economic problems. And, yes the whole thing will collapse, eventually. I don’t expect anything huge before year end. They will continue to use and escalate false flags, because they have been so successful in moving the agenda forward. Let’s secure our citizenship in the next world, and detach from earthly (wicked) kingdoms and governments. They are all dust in the end anyway…

     
  7. dog-move

    December 27, 2014 at 9:12 AM

    Years of monetary Panics, starting in A.D. 1764,
    1764 + 42 = 1806
    1806 + 42 = 1848
    1848 + 42 = 1890
    1890 + 42 = 1932
    1932 + 42 = 1974
    1974 + 42 = 2016
    From current levels the S & P 500 and other indexes comprising global common stocks may very well peak and drop into a deep trough into December A.D. 2016.

     

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