A Wicked Fed Brew Comes Our Way

Are you scared? Seriously, are you? Were you frightened in 2007 before the market collapsed and “our system as we know it almost ended”? How about in early 2008 in March when Bear Stearns collapsed and Bernanke came out and stated there was no systemic risk and markets rallied for the next two months? Were you scared then?

Maybe you were scared, but most people weren’t, as millions were falling behind in their mortgages and job formation was rapidly falling.  The underlying economy was collapsing for millions but it wasn’t being reported widely. In other words they were playing music on the deck of the Titanic and if YOUR house and YOUR job was intact, then you continued to dance. ONLY after September and the full blown disaster was underway did the public actually panic. 

People suddenly were asking questions and looking like deer in the headlights as Lehman collapsed and Tarp arose. SUDDENLY we were in a crisis. Laughingly in a span of two months we went from “its all good” to “we came within two hours of having our way of life gone forever and martial law. How can that happen? Did “they” lie to us? Maybe they were just incompetent. That’s possible…..right?

So here’s another funny one. In early 2009 for about three months it was a series of “its awful out there” headlines and then suddenly the market turned at the SnP 666 and within three months “they” declared the recession OVER and the market was “safe again”. Trillions and trillions would have to be printed to keep the “recovery” safe. It was comical to see each further QE announcement with gold collapsing as TRILLIONS of fiat injections occurred.

So here we are. The markets are down big time in just a couple of weeks and no one cares. “They” don’t even have to come out and make calming announcements. They have run this ponzi of a market so high that no one even cares. They’ve seen the movie and how it ends….at least they think they have. Pay no attention to the dip. The Fed will bail you out. They’ll just print more money and rig the market. Chase the MOMO……BOOO!