The West continues to witness its currencies being systematically destroyed by their own monetary authorities in the name of short-term pain relief. No worries, mate!* It is the Middle Class and the most destitute among us that will experience the worst of the hardships associated with a currency debauchment!
A pox on the entire house of Central Banking and their pestilential enablers...the pandering political class!
Maybe it's just ME, but I'm increasingly worried about what is coming our way. It is something ominous.....
- While the stock markets seem oblivious, and the underlying currencies teeter on the precipace, the price of gold talls me that some real pain is coming.
No coincidence that the US Mint has (against the law) completely stopped making and selling bullion coins...gold or silver. Hard currency.
- Let the peasants eat Federal Reserve Notes like cake, but forfend they hold bullion to preserve and/or store their wealth.
The "Tyburne Jig" is too good for our banking and political overlords!
- And the Tree of Liberty is looking a mite dry. Time for a bloody-good watering, methinks!
*I'm damned glad to be holding Australian Dollars and not US Dollars right now.
Wednesday 2 December 2009
Dancing the "jig"................from Rico
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2 comments:
Rico, you think there's something ominous about all this. I'm thinking what's coming is a concoction of complete monetary collapse resulting in the failure of the global economic system. This will take down mass agriculture with it. This in turn means food shortages, uber riots, starvation, banditry, civil war, anarchy. Imagine an amalgam of scenery from The Stand, Soylent Green, 1984, Blade Runner and Children of Men. That is what awaits us, Europe in particular. Eventually hordes from south and east will be at the gates of Vienna again.
I profoundly hope Australia's currency isn't based on the US$ as a reserve currency...the way most countries' currencies are.
Let someone come out of this mess whole, even if America won't.
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