Here It Comes

Brazils blames U.S. and China for currency wars and looming trade wars.

As we have remarked countless times, this outcome is preordained.  The only way to compete economically in the game of neoliberalism is to go broke or to die trying.  How’s that working out for you?

It’s no great irony that the entire world is broke.  That is, sans for the corrupt elites and corporations that benefit from this environment.  Their time is coming.  China is broke.  Brazil is broke.  Russia is broke.  Europe is broke.  And the U.S. is broke.   Now the race is to see who can dismantle the remaining rule of law, social safety nets and living wages by cutting corporate taxes, raising citizens taxes, firing millions of people, killing currencies and on and on to see who comes out on top.  ie, Who will be the least broke.  It’s all so pathetic that our politicians are so corrupt that they defend this, the most fraudulent environment the modern world has ever seen. 

There is no other possibility without embracing a new economic model.  But the status quo will scream and howl because they control the microphone.   Countries like Germany, Brazil, China and others will squeal like little pigs.  They loved they game when they were benefiting from the wealth transfer scam.   But now they will point fingers and blame anyone and everyone who does not play by their rules.  And so will the corporatist politicians in Washington and the banksters who control them.  They will all howl and use lies that the Great Depression was caused by trade wars – something else we have beaten a few times on here.  Trade wars had absolutely nothing to do with the Great Depression.  This is a neoliberal lie perpetrated by banksters and their political stooges.  

If global politicians will not take responsibility for the mess they created, the world will burn.  And of course they won’t take responsibility.  Those who seek to control always lay blame at the feet of others.  We have a front row seat to the greatest mess the modern world has ever seen – all a result of fraud and corruption.  Volatility dead ahead.