Markets And Economy:
EXPECT THE UNEXPECTED OR EVEN THE UNBELIEVABLE.
By Gregory Mannarino TradersChoice.net
For the market and the economy there is a terribly inconvenient truth, and right now we have a serious problem. (I cannot underscore SERIOUS enough).
Currently the global economy and the world’s stock markets are at a tipping point… and all of it hinges on just ONE THING…
The world economy and markets need more “fuel,” AND THEY NEED IT NOW.
Fuel in the form of a mechanism, (or mechanisms), A SCHEME(S), A SCAM(S), OR SOME EVENT(S), FALSE FLAG(S), ANYTHING, which will allow for A NEW PHASE OF MASS HYPER-DEBT CREATION. Then, politicians must sell it to the public via media outlets.
(Without some mechanism(s), which will be conned upon an unknowing pubic, OVERNIGHT (life as we perceive it to be) in every so called “developed” economy/nation on Earth will get VERY REAL).
Maybe 5% of the public, and perhaps I am being generous by saying 5%, have even the slightest clue that…
1. We have a world-controlled central bank managed and run debt-based economy/system.
2. As a direct result of this world-controlled central bank managed debt-based economy/system, ever more and vastly expanding debt must be pulled into the system-just to function at its current level.
3. Without a new mechanism/scam/scheme, and SOON, the flow of credit/debt will stop.
As an integral part of the scheme to fuel the system, central banks MUST NOW coordinate with each other to cut rates and devalue the currency. Central banks also need political PUPPETS to sell their plan of lower rates and therefore currency devaluation to a dumbed down public.
Lower rates and currency devaluation will “buy some time” to service the interest on vastly expanding global debt. Moreover, this mechanism will allow for more time as to set up/stage another event(s) as a reason to expand the debt.
RIGHT NOW, we all need to “be ready for anything” and expect anything, EVEN THE UNBELIEVEABLE.
The system must either be fueled… or a rapid and uncontrolled world financial and economic MELTDOWN will occur which will eclipse anything which has ever been seen before.
Greg. I don’t know how you got so wise, for a young guy! I will be 80 this November, and I know you have many decades to go before you reach 80. I truly wish that what you are saying does not fit together as the web that explains how our world 🌍 is working; however, I studied at VA Tech in the 1960s: engineering, math, economics (monetary & Fiscal) so your thoughts are very prescient to me. I have worked in engineering, banking, sales, project mgt and accounting….. so, keep up the good work but make sure you have an aside to keep you calm and balanced. Best, Norton
Not looking forward to whatever manufactured crisis the bigs have in-store for us.