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The Spaniard

Interesting YouTube from 'Texas Shrugged'

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It's an interesting video pointing out that there have been a lot of predictions of imminent economic doom by quite expert commentators but none of those commentators have stepped forward and admitted they were wrong when events didn't transpire as they predicted.  The video points out that to progress to a proper understanding they need to admit that and then they can proceed to work on why their predictions have been apparently wrong - or at least wrong so far when at the time they were claiming imminent doom years ago.

To try to answer the question of why they've been wrong the video suggests that the corporations are being continually gifted emergency money whenever necessary and it's being funded unseen outside of the official system - to prevent the meltdown.  That is outside of the formalised bailout system of zirp, QE and money for corporate bond asset purchases and so on.

The amounts, timing and distribution apparently possibly being calculated using some form of supercomputer/artificial intelligence under the control of the 1%.

It's an interesting perspective and quite plausible considering how much unseen off balance sheet debt was deployed around the world apparently at least in part in the interests of corporatism and globalisation - one the the most notable instances being Greece's off balance sheet debt deployed when trying to meet eu "standards" of accountancy.

Edited by billybong

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8 minutes ago, billybong said:

It's an interesting video pointing out that there have been a lot of predictions of imminent economic doom by quite expert commentators but none of those commentators have stepped forward and admitted they were wrong when events didn't transpire as they predicted.  The video points out that to progress to a proper understanding they need to admit that and then they can proceed to work on why their predictions have been apparently wrong - or at least wrong so far when at the time they were claiming imminent doom years ago.

To try to answer the question of why they've been wrong the video suggests that the corporations are being continually gifted emergency money whenever necessary and it's being funded unseen outside of the official system - to prevent the meltdown.  That is outside of the formalised bailout system of zirp, QE and money for corporate bond asset purchases and so on.

The amounts, timing and distribution apparently possibly being calculated using some form of supercomputer/artificial intelligence under the control of the 1%.

It's an interesting perspective and quite plausible considering how much unseen off balance sheet debt was deployed around the world apparently at least in part in the interests of corporatism and globalisation - one the the most notable instances being Greece's off balance sheet debt deployed when trying to meet eu "standards" of accountancy.

The shadow banking system has been around since the creation of the eurodollar market in the mid 50s, developed in parallel with and as an adjunct to the City of London's international empire of tax avodance legislatures. It is far and away the biggest source of global finance, a completely unregulated free market. Eurodollars have nothing to do the with the Euro currency, or the European Union. they get their name from the dollar deposits of US and non-US companies kept out of reach of the US govt and Federal Reserve. Originally the recipients were European banks, today those banks can be located anywhere. Dollar deposits in Tokyo, Moscow and SIngapore are all part of the eurodollar system. Huge pools of capital + derivatives, instantly available.

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46 minutes ago, billybong said:

To try to answer the question of why they've been wrong the video suggests that the corporations are being continually gifted emergency money whenever necessary and it's being funded unseen outside of the official system - to prevent the meltdown.  That is outside of the formalised bailout system of zirp, QE and money for corporate bond asset purchases and so on.

Isn't virtually everyone aware of this anyway? It seems perfectly clear to me that the Fed/BOE/Governments etc etc are all desperately pumping away - behind the scenes and off the books. Cash is being injected in a myriad of ways that are not announced, secret, hidden etc etc.

Perfectly clear, and has been discussed numerous times on this forum. It's one of the reasons why they have historically needed to control the gold price. They can't have gold going to $20,000 an ounce as it gives the game away (at least not until they are ready for it to).

The point is, is that there are no markets anymore. The whole thing is fake. All of it. We are through the looking glass and the only way this ends is in total collapse.

Edited by Errol

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Sounds like a complete nut job. Unfortunately he is probably 100% correct.

I have already lost faith in the fiat system and keep almost 100% of my money in Bitcoin.  It is the only credible way out of this mess as they can't kill it.

Don't panic last!

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