This And That

This blog was originally intended to be a forum where a community of people that went through the 2008 collapse could gather and find refuge following the mental trauma of the economic collapse. 

At the time the blog began times were very uncertain and imminent financial collapse seemed very possible. We had worldwide fires like Greece, Cyprus, Italy, Ireland, Spain etc erupting virtually almost monthly. There were government upheavals and riots in the streets centering around the economic chaos. We had Occupy Wallstreet and tent cities on our own turf.

We created a wealth effect in our stock market through a well coordinated global algorithmic control model that does not allow for the bull market “recovery” to slip from the media driven normalcy bias. Our bankrupt pension systems continue to write the monthly checks to their recipents.

It has been thoroughly documented here and in numerous sites how these issues were fixed (papered over) and how a “normalcy bias” was ingrained into the psyche of the masses. There were literally millions of jobs created with the massive flow of liquidity into the ruptured system. These jobs may be building electric cars that lose their builder billions every quarter and have no hope of ever being a viable company. These jobs may be employing millions of IT and regulatory people within a failed healthcare system. You get the picture. 

The point is, the charade of “recovery” has indeed worked for a significant portion of our population in spite of its failings. Now we have an economy of malinvestment. We have propped up companies with propped up consumers buying products with propped up credit. There is no future in this economy for a sustainable base to build upon. The can has been kicked and now you have your recovery. 

So whether you agree with this very brief overview or not is not the point of this blog or more specifically this post today. The point is you have a place to gather still and voice your point of view in the comment section, which is the real reason this blog is still written. I’m not a brave person and I know some of the material pokes the bear so I have been carefully trying to temper my headlines and keeping under the radar through “other” traffic moderations….lol.  I fully intend to keep my own investment theme unaltered and some of you may disagree and that is obviously just fine. 

Finally I want all of you to understand that as much as I may agree their “normalcy bias” has ABSOLUTELY WORKED…..at least for many people…….it has wrecked any future of a sustained economic benefit for THIS country. These “faux” jobs created by fiat will end the same way they were created. gl and thanks for hangin’ out.