Monday, February 02, 2009

$585 Billion Is Not Enough. China Talks Of More Stimulus.

With a stimulus package equal to 20% of GDP already approved, what next? 40%? 80%? Remember, GDP could fall by as much as 30-50% in China before its economy stabilizes. Of course, at that point what will be left to stabilize? Most likely the army attempting to stabilize domestic chaos. Talks of trade wars, tariffs and the like are a ruse used by globalists attempting to re-ignite their Frankenstein. And, talk of China no longer buying U.S. debt because of any potential trade tensions is another ruse. This is the third calendar year we have said China will not be in a position to keep buying U.S. debt. Not because of a policy decision but because China is broke. The Davos illuminati pumping a re-ignition of globalization just don't realize it yet. Nothing will stop China's collapse. The seeds are sewn. Don't tell Barclays and Blackrock though. They are still smoking too much ganja. Of course, there is substantial bias in both positions. Barclays is running more than a trillion dollars in a global trading scheme that relies on the resurgence of emerging markets. A strategy I already told an executive in a similar organization would fail (The net of the conversation was that he basically laughed. That was before the world crumbled. I haven't talked to him since but I doubt he is laughing now.), and Blackrock has hoodwinked China into giving them some enormous sum of money to play with. So, they have tremendous conflicts of interest or bias.

By the way, I use illuminati with a small "i" on here quite often. As I have said, I don't generally believe in conspiratorial notions. I'm surely not a believer that some Illuminati, ie organized world order, is pulling the strings. If this environment isn't enough validation that is impossible, then I don't know what is. I use illuminati to describe the elitists who have sacked our economy.

The conspiracy of the Illuminati is better reserved for Lara Croft movies. Quite good actually.
posted by TimingLogic at 7:59 AM