[When I started this blog my goal was to put Hypertiger's posts in one place. I felt what he had to say (and how he says it!) was too important to be lost forever and worse, sullied by those who, for whatever reasons, didn't believe his warnings.
I never expected anyone to ever read it and was surprised to see the first comment. That it has proven to be popular is just as much to your credit as Hypertiger's. It was you who spread the word so that others might benefit from Hypertiger's wisdom. I know if I have any chance of surviving this, it is because of him. I am glad there are more who can say the same.
Now that we finally see IT coming - and there really is no telling what happens from here - while I am still able to, I want to wish you all the best of luck. I'll keep posting Hypertiger's work as long as I have an internet connection! :-)
This is what is happening...The 1944 Bretton Woods global trade system has reached maximum potential and is imploding.
The roaring 6 decades is coming to an end.
As soon as Bretton Woods was agreed upon...The fate of the world was sealed.
There is nothing that can be done.
It's forced liquidation as far as I can tell...It's being managed downwards.
Otherwise the stock market would just implode to zero without buyers...
Because someone is buying up global indexes and their paper losses are like 20-30% up to this point.
Small time speculators are not taking massive paper losses like this day in and day out betting that the market is going to come back and go higher than their entry point.
Waterfall declines are normal...this day after day crash globally could only be sustained if someone is buying it all up globally as it falls to prevent it from crashing to oblivion.
It's going to have to bounce at some point..and then all the babble heads on TV will be saying...yay the medicine from the Government is kicking in.
The stock markets have zero money in them...the only money that is possible to be there is what the buyers input.
Of course the best plan is to just keep sending money to Wall Street to buy...without constant and massive buying pressure...the markets implode to zero...
So then who has been buying global markets on the way down to slow the collapse and prevent them from imploding...basically since the bail out?
A PPT type of organization...
There needs to be a bounce soon because people are starting to notice that this is abnormal.
Crashes happen on a day or two...not day after day...
Below two charts od the S&P 500...From 1950 to present you can see that there is no waterfall decline...just a nice straight down multi day crash...Which is only possible if someone is buying like mad all the way down otherwise it would just crash into circuit breakers constantly.
The compound interest equation you all worship demanded you all supply it with more and you all refused the LORD's command and now you are being punished for your disobedience...
Give the equation what it demands or die...It's very simple.
The bottom supports the top...
Stack up some blocks and pull the bottom ones out...the top falls down.
FDIC will cover up to X amount in accounts but to keep banks from caving in due to withdrawals...the amount per day that you can withdraw can be cut down...
When the population stops requesting commercial banks to manufacture new money and then stops servicing the outstanding loans or defaulting.
The flow of money coming into the bank to cover normal daily withdrawals collapses...
So then the amount that is allowed for withdrawal has to be rationed...or the bank runs out of cash and has to close down operations...(Can't service any of its obligations either)
All fractional reserve systems look healthy until they say sorry we have no money to cover withdrawals.
You all are already enslaved right now...You all are just dreaming that you are awake.
The top only allows you to see what they need you to see.
You all don't see what you are not supposed to see.
Just in time will kill every time.
The 3 stages of a compounding interest banking system. (More than economists know)
1. Inflation of debt and the destruction of savings.
2. Deflation of debt and the destruction of equity
3. Bankruptcy of the banks, collapse of the economy/division of labor, and the consolidation of power.
In the case of the destruction of the grain stocks or savings...the equity that will be destroyed in stage 2 is human beings.
Without some kind of force to impose a market...I seriously doubt a Farmer is going to trade a years worth of food for an ounce of gold...
I'm extremely sorry to inform you of this but the cost of food is the most controlled and manipulated commodity currently.
Without that force...An ounce of gold that some idiot panned out of a river in a week is not worth a short ton of grain that takes a season to grow like it is now...
Maybe a sack that could feed you for a week...Unless you stuck a Gun in a farmers face and forced them to accept your exchange rates.
A farmer has zero use for gold.
The top take control of the land the farmer grows the food on and charges rent...then the farmer might have a use for gold.
In a collapse of civilization scenario...Gold and silver would lose massive purchasing power.
There is no money being produced outside of the commercial banking system...There is no magic printing press or its electronic equivalent.
All the money in circulation was requested by consumers to be manufactured by commercial banks...
The dollar has legs because the producers of the US Dollar or source have maxed out and can no longer request the required amount of new money to service the continued existence of the previously requested money...
The effect is a massive slowing of the amount of US Dollars on the Global market...
In 1944 Bretton Woods created a NEW GLOBAL TRADE system...that made the US dollar the global trade medium of exchange.
By default the US consumer became the demand of the world...and the supply of inflation.
The rest of the world in this global system you all don't seem to know exists became the supply to the US consumer demand...the demand for the US Dollar and inflation.
And the rest of the world has become more and more dependant upon the USA the past 64 years.
Because the only source of US dollars is US consumers...
Not magic printing presses or their electronic equivalent....Ben told the mass of mindless morons that lie and they all believed him.
And then piled up all their life savings and soul and what little brains they had left and the kitchen sink on the hyperinflation bet...
Canada's economy is still basically chugging along in boom mode and commodity prices have collapsed so the supply of Canadian dollars flooding onto the global market is way more than demand for them so they are collapsing in value compared to US Dollars.
Bretton Woods rule changes in 1971 made the US Dollar float against gold and the rest of the currencies of the world float against the US Dollar or GLOBAL TRADE MEDIUM OF EXCHANGE.
All the rest of the currencies of the world derive their strength or weakness from the US Dollar and the only source of US Dollars is US consumers.
The whole global trade system is based on the US consumer.
The top live off the yield from the bottom...
Eventually the top sucks up the entire money supply faster than the mines can produce it...fractional reserve banking was the solution.
The implosion is a natural occurrence...That the bottom is just totally unaware of.
The top step back and once the dust settles..hire the survivors to construct the next march to doom with glee.
It's simple just keep adding years to the compounding interest equation and eventually the interest demanded by the equation becomes greater than the economy can produce...
Fractional reserve banking addresses the gold and silver mine limit...but eventually the compound interest equation can no longer be supported by the economy and the whole system slows then stops then implodes.
That's what is currently happening...the compounding interest equation at the core of all the accounting algorithms is demanding more but the slaves are producing less...because they have maxed out.
Get rid of fractional reserve banking?
Well then no money could be lent out if there were 100% reserves...then factor in the past 500 or so years of history has been financed by fractional reserve banking.
The top have already figured this all out before any of you existed...Before the USA existed.
Inflation greater then previous inflation to maximum potential.
Then when maximum potential is reached.
Inflation less than previous inflation to maximum potential.
The USA along with the world has been hyperinflating for 64 years now...it's just been hidden with accounting tricks...
The inflation of the USA and world has slowed...But currently we are still inflating greater than previous inflation...
I have sad news for you all...We have not even begun to collapse yet.
All you have seen up to this point...yawn.
When we do finally cave in...All this will be gone...So enjoy the burning embers of the good old days.
You all are not going to escape the consequence of your choice to be ignorant of the consquences of your choices.