The Empire Strikes Back, by Robert Gore - Galt's Gulch

Remove this ad.

7

The Empire Strikes Back, by Robert Gore

Posted by straightlinelogic 9 years, 2 months ago to Politics

19 comments | Share | Flag

The Empire is striking back. Stocks can go down, Donald Trump leads the polls, and the US has been humiliated in Syria. All hands are on deck to put the world back together again, at least cosmetically. Nothing they do will stop the burgeoning debt deflation, and more central bank sugar will just make it worse, but the powers that be are trying to reassert their control over what the media calls “the optics.” The more apt term would be "myopia-tics": smoke and mirrors that temporarily obscure reality. The reality of debt deflation is that it's getting worse, which is why the Europeans and Chinese are taking action, and why the Fed is now on hold until 2016 and probably forever.

This is an excerpt. For the full article please click the above link.

SOURCE URL: http://straightlinelogic.com/2015/10/23/the-empire-strikes-back-by-robert-gore/

Add Comment

All Comments Hide marked as read Mark all as read

3

Posted by Lucky 9 years, 2 months ago

Yes. A criticism could be that your views are a bit paranoid, but I think more true than not.
' the Europeans and Chinese are taking action' I hope you did not mean this a complement for what thy are doing, it is the usual cheap money prescription, hard to see any good outcome or even a soft landing.

Reply | Mark as read | Best of... | Permalink
- 1
  
  Posted by term2 9 years, 2 months ago
  
  This seems to be a different time than before. I dont claim to understand how this whole financial thing will come to and end, but it seems likely it will end in some bad way. We cant keep deficit spending and printing money forever, but it sure seems like there is no end in sight. Is it going to go the way of Venezuela where things just crash one at a time until you cant buy toilet paper? Will the banks just fail and anyone with money in them will just lose it?
  
  Reply | Mark as read | Parent | Best of... | Permalink
- 1
  
  Posted by straightlinelogic 9 years, 2 months ago
  
  I think it was Henry Kissinger who said even paranoids have enemies. I've found that if I expect the worst from the establishment, I'm seldom surprised and never disappointed. And no, I don't endorse what you correctly state is the "usual cheap money prescription," which is actually the usual cheap debt prescription (see "Real Money," SLL, 9/9/15, and the Debtonomics Archive).
  
  Reply | Mark as read | Parent | Best of... | Permalink
  - Comment deleted.
    - Comment hidden by post owner or admin, or due to low comment or member score. View Comment
    - 1
      
      Posted by MichaelAarethun 9 years, 2 months ago
      
      Corallary Two Just because your paranoid doesn't mean there isn't a bunch of fools supporting and electing the reasons we are paranoid. Just as rats leave a sinking ship so does smart money and so do the predators circle for the kill. We call them Trumpets and Politicians.
      
      Reply | Mark as read | Parent | Best of... | Permalink
      - Comment hidden by post owner or admin, or due to low comment or member score. View Comment
      - 1
        
        Posted by MichaelAarethun 9 years, 2 months ago
        
        For sure and they already have said that. Welcome to the world of Marxist Leninist tactics. The Cycle of Repression and we're the f'n target. Is said in the beginning the Government Party would get 95% of the votes cast either because of dumb asses who vote for them or by stealing them.
        
        I have to date received no one answer the bet or producing the $1.00 ante. at 100 to one odds.
        
        Reply | Mark as read | Parent | Best of... | Permalink

2

Posted by term2 9 years, 2 months ago

All I know is that I dont want any debt any more. I dont even want what I have already (mortgage and small car loan). I just want to pull in the horns on all expenses at this point. If you arent close to the federal reserve spigot, things are going to get worse before they get better. If the federal reserve wants ME to spend, they will have to just give me printed money directly

Reply | Mark as read | Best of... | Permalink

Comment hidden.