So You Think You Are In A Recovery

No you don’t. Well maybe you do, so let’s examine this meme a little closer. You have a job. Yet, 95 million working age Americans have given up looking for a job. You are in a recovery. You just received a raise. Yet, overall working Americans have had stagnant nominal wages for over 15 years. That is unheard of in our history. 

You save dollars in your bank account. Yet, the FDIC is effectively broke. You say they will be able to just print money to pay you your dollars if your bank closes. Yet they have already said their plan is for bail-ins instead. Why? This time they apparently believe the “dollar” may face a drastic devaluation either through it losing its reserve status (see IMF (SDR) or China/Russia/etc currency swaps). You see there are many Countries being forced right now to absorb our pain by accepting the dollar as the reserve currency and they’re not going to take it much longer and are positioning themselves now. Are you?

You listen to the daily cacophony on MSM telling you we are engaged in multiple military operations around the World and view this as just another video game on your phone. You view this as a natural evolution in the global power structure with “cooler heads” eventually prevailing. You view the execution of a Shiite Cleric by Saudi Arabia as just another crazy Arab event in the context of a multitude of crazy Arab events. In other words you are so bombarded by these escalating events, it becomes just noise in your daily existence.

You listen to the MSM tell you its normal to print 18 Trillion in debt paper and that our recovery can CONtinue to procede without any regard to Nature and the mathematics that must be obeyed. In other words you have a new God now. A God that is so powerful they CAN walk on water, they CAN defy gravity and they can willfully violate every tenant of Economic Law and just tell you its a new tool they have developed for your “recovery” from an Economic collapse that they told you they “Couldn’t see coming” and when we were in the middle of it, they told you “There is no crisis”. So now you believe them. Now, you believe it when the tell you there was a crisis and it was the “worst crisis since the Great Depression”……….but its all fixed now and we are in a “recovery”. In fact its such a good recovery with top line revenues falling across virtually all companies, that we can raise interest rates. 

Amen, I have a new God. gl all