Are We At The End?

Is it time for the pale horse to begin its final ride to Armageddon? God I hope not. Is this how the Supercycle saga ends? Are we going to finally see the incredible fireworks erupt that a declining empire, propped up by a mountain of debt and a declining fiat reserve currency have created? Maybe you believe the corruption and decline in social morality will save us. Maybe you think the declining workers and the aging retiring class will lead us to a new prosperity. Maybe you haven’t opened your eyes and noted the 300 pound plus people limping around the thousands of shopping centers and fast food eateries.  

No problem right? We just give them disability helicopter money and they add to the “GDP” by spending and shopping for “moar” food. 

Maybe you think the tech sector can keep growing exponentially as we throw even “moar” of those federal reserve notes into sectors to create even “moar” part time and useless “CONsulting” jobs without insurance or benefits or for that matter….a future. Maybe you’re right……Maybe we CAN push unlimited digital keystrokes of prosperity. Maybe we CAN create “moar” Teslas that taxpayers supplement to the tune of 24K per car. Maybe we CAN make the stock of Tesla go even higher as it burns over a Billion in cash per quarter while major car manufacturers like BMW, Mercedes, Toyota and GM move into the same narrow electrical car space with a “moar” sustainable policy. No problem there for Tesla, right?

Maybe you think that governments and central banks CAN select the “winners” through selective financing and that a new paradigm in “free” (but CONtrolled) markets is our future. Maybe you think that we will grow indefinitely as we exhaust our natural resources and bloat our aging population with GMO and debt. 

I’ll let you in on a little secret….Deep down in the darkest corner of my heart, I hope they can pull this off. In a certain way I don’t want to pay the piper. I have a pretty good idea what the cost of this hedonistic binge will be for me and for my children. I don’t wanna have to pay. I want this to just keep going….and going and going. I just happen to believe unfortunately that it won’t. I just happen to believe that a criminal ponzi is just that a ponzi. In the end all ponzies will end badly………gl