The simple forex strategy no indicators of a chemical reaction line theory states that the shipping center of the world moves in a westward direction slowly over the centuries. It started in the mid east and has moved west through the Mediterranean, Europe, North America and now sits over Asia. A shipping center usually implies a production center as well giving that area great wealth. We now find ourselves on the back end of prosperity and all that it entails.
We are not the first nation to find ourselves in this position. Those nations that came before us had to deal with a slower, smaller economy following the westward shift of the line. We must now do so as well. It’s so easy it’s perhaps no wonder that people overlook the reasons why. 20 trillion down the throats of the financial system.
It has also lowered interest rates to near zero Kelvin. Beneath the surface signals of an eternally rising stock market and expanding GDP, we all sense something is deeply, systemically wrong with the U. The financialization of the economy, which transformed services, credit, risk and labor into commodities that could be traded globally. Financialization generates enormously asymmetric returns: those with access to low-cost credit, global markets and expertise in finance collect the lion’s share of gains in income and wealth. This was billed as the most important week of the year for global markets.
Just as gravity propels the lava from Kilauea inexorably toward the sea, a mountain of public and private debt looms over today’s markets. Earlier this week, the Boards of Trustees for both U. Social Security and Medicare released their latest updates on the “solvency” of the programs. Though it’s common knowledge that these programs are vastly underfunded, the degree to which the pending crisis is accelerating should come as a shock to all Americans. While the decline in housing activity has been significant and will probably continue for a while longer, I think the concerns we used to hear about the possibility of a devastating collapse—one that might be big enough to cause a recession in the U.
The propaganda is always laid on the heaviest just ahead of The Fall. 96 million working age people not considered part of the labor Force, is possibly the penultimate fabrication. Once you realize that there is no solution to the government’s debt death spiral, it’s only natural to wonder why so few people seem to realize or care that this is the case. If you’re doing well right now, what else really matters? The stock market seems to be on a bizarro perpetual escalator to neverending prosperity, despite rafts of economic fundamentals that paint a portrait of debt-bloated, weak economy, oceans of free debt have been available for years on end to fund lifestyles well beyond earned means, and so long as one has sufficient exposure to risk assets, why bother worrying about big-picture insolvencies that are still years away?