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Mac Slavo<\/strong> Financial analysts have opined that the United States is well on the road to recovery. They cite various data points to make the case that the multi-trillion dollar bailouts and stimulus have brought us back from the brink of a collapse so serious thatCongressional leaders had been told<\/a>\u00a0that should the bailouts fail, there was a real possibility of martial law being declared.<\/p>\n We\u2019re doing so well, in fact, that just a couple of years ago President Obama\u00a0assured the nation<\/a>\u00a0of our progress, claiming that we \u201creversed the recession, avoided a depression, [and] got the economy moving again.\u201d<\/strong><\/em><\/p>\n But were one to take a step back from the rhetoric of talking heads, political leaders and so-called Wall Street experts, a completely different picture begins to emerge.<\/p>\n Just this week\u00a0it was announced<\/a>\u00a0that not only are housing starts plummeting, but permit applications reported their \u201clargest miss in history,\u201d an indicator that the economy is not as healthy as it has been made out to be. And, while stock markets are hitting all-time record highs, what\u2019s curious is that some of the world\u2019s largest companies, including Intel, IBM, Google, Ebay and FedEx, are\u00a0reporting significant consumer pull back<\/a>\u00a0and earnings below analyst expectations.<\/p>\n And if that hasn\u2019t convinced you, then here is the reality of the situation directly from Federal Reserve Chairman Ben Bernanke, the architect of the most massive economic recovery \u201cplan\u201d ever devised in the history of the world.<\/p>\n \u201cI don\u2019t think the Fed can get interest rates up very much, because the economy is weak, inflation rates are low,\u201d Bernanke told the House Financial Services Committee.<\/p>\n \u201cIf we were to tighten policy, the economy would tank.\u201d<\/p>\n (Courier Mail<\/a>)<\/em><\/p>\n<\/blockquote>\n What Helicopter Ben is saying, despite his pledge to start pulling back the monthly $85 billion (Over $1 Trillion yearly) in stimulus spending by mid-2014, is that if they stop injecting financial and bond markets with capital, the whole system is going to fall apart, just like it was going to in 2008.<\/p>\n There is no way out for Ben Bernanke\u2019s policies. We\u2019re toast either way. If we keep printing, we eventually hyperinflate our currency to oblivion, leaving our entire system of commerce at a standstill. If we stop printing the system \u201ctanks,\u201d as noted by the Chairman.<\/p>\n The end result, any way you slice it, is complete and\u00a0total detonation<\/a>\u00a0of our financial, economic and monetary systems:<\/p>\n His answer? \u00a0The economy will tank.<\/em><\/p>\n Did that tell you everything you needed to know?<\/p>\n It should have.<\/p>\n He can\u2019t exit<\/strong>. \u00a0<\/strong><\/p>\n Not now, not ever.<\/strong><\/p>\n <\/strong>Which paradoxically, means\u00a0he will exit\u00a0because if an outcome is\u00a0inevitable\u00a0then the longer you wait and the more distortion you pump in before it happens\u00a0the worse it is<\/strong>\u00a0and he cannot avoid\u00a0owning\u00a0the outcome\u00a0either way<\/em>.<\/p>\n \u2026<\/p>\n Think it through folks.<\/p>\n Then get ready, because\u00a0it\u2019s coming<\/strong>.<\/p>\n<\/blockquote>\n Following the 2008 crisis, former Treasury Secretary Henry Paulson was quoted as saying that the United States was\u00a0on the brink<\/a>\u00a0of a total collapse, something his successor\u00a0Tim Geithner echoed<\/a>\u00a0in an open letter to Congress.<\/p>\n This is happening, and our Federal Reserve Chairman just confirmed it.<\/p>\n Ignore it at your peril.<\/p>\n <!– <\/p>\n –><\/p>\n This article was posted: Friday, July 19, 2013 at 5:39 am<\/p>\n Tags: business<\/a>, economics<\/a>, financial<\/a>, money<\/a><\/p>\n
SHTFPlan.com<\/a>
July 19, 2013<\/p>\n\n
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