4.06.2013

The US Bubble Economy and the Entire Global Capitalist Pyramid Scheme Set to Collapse

According to Richard Duncan, formerly of the World Bank, the capitalist pyramid scheme is in a death spiral. Going on to say, "What's really disturbing about these findings is that the pattern isn't limited to our economy, it's the same catastrophic pattern in our energy, food, and water systems as well." If he's right then why is the Dow hitting record highs? Why are Wall St. bonuses soaring? Because, as Ellen Brown explains, the US is bubble economy who's vampire like life depends totally on the Fed's printing presses. The $3 trillion the fed has printed in the last few years has propped up the stock market and it kept the banks temporarily out of bankruptcy but in the end, when the bubble pops, it will take down the worldwide capitalist pyramid scheme.

In explaining the international debt pyramid scheme, world renown economic adviser Dr. Kent Moors says, "Most frightening of all is how this exact same pattern keeps appearing in virtually every system critical to our society and way of life. It's a pattern that's hard to see unless you understand the way a catastrophe like this gains traction," Dr. Moors says. "At first, it's almost impossible to perceive. Everything looks fine, just like in every pyramid scheme. Yet the insidious growth of the virus keeps doubling in size, over and over again - in shorter and shorter periods of time - until it hits unsustainable levels. And it collapses the system."

Roger Baker's latest series 'Terminal Capitalism' gives an excellent, concise, explanation of how interest on debt, both sovereign and personal, has snowballed to the point where the inequity of wealth distribution around the world means that either financial collapse or revolution are the only conceivable outcomes. This inconvenient truth isn't a secret, every government, every banker, everybody who pulls back the curtain and sees the little old man pulling the levers, knows that one day soon the collapse of the dreaded and unfunded 'credit default swap' flimflam will cascade through the world, the bubble will burst and, as always, the shit will flow downhill.

Despite it's current $1trillion yearly deficit, the US spends $4,000+ per capita every year on the military and untold more on it's uber-secret security programs not because it's afraid of crazy leaders in tiny North Korea, not because it fears Iran's Ayatollahs, not because it fears the Chinese threat, or the Jihadists, or the Latin American socialists. The banksters, the corporate fascists and their puppets in every government including the EU, China, Russia and the US know the collapse coming and they  fear YOU.