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Blowback, The Law of Unintended Consequences: AKA The High Cost of Big Government
Bah humbug.
Not so long as Big Government is a cancer on our body economic politic.
No wonder Independent Intelligent Investors scratch their heads and watch in disbelief as the self-anointed further dismantle peace and prosperity in the name of peace and prosperity
The Cliff Bar Collapse comes when most are confidentally distracted by VIX lows and least expect ruin. Judging from the death of bears and the born again bulls, The Cliff Bar Collapse may come sooner, rather than later, although our best investments have not been predictions, but careful money management with MOC Market on Close Trailing Stop Buys and Sells.
It’s funny how few headlines address accelerating deflation defaults and food shortages. Maybe next year.
Government monopoly media for a change would rather massage hype of better times for markets at Christmas or send people to the movies to distract them. A pox on their houses.
A lump of coal for the markets may be more like it:
Maybe metallurgical coal. PCX Patriot Coal is on track to a ten-bagger in a year:
http://stockcharts.com/charts/gallery.html?s=pcx
King dollar may be rallying less from an aborted carry trade (after all, nominal rates are still zero), and more from the actual disappearance of liquidity despite poker bluff helicopter talk of quantitative easing.
M-3 growth continues to fall from 17% in 2008 to 2% lately after a real decline.
With real interest rates equal to nominal iRates plus deflation, currently -10.3% GDP, GD, GE, GM, and GS may be in serious contraction folks. The Peter Pan tooth fairy of magical inflationary recovery may not be coming to bail them out because Indians and Pirates overwhelmed her.
Governments’ goal of owning and controlling everything that once grew seems to still be on front burner forward froward march. Until that insidious trend fails dead in its tracks, we may not hit or reach bottom.
