Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24
Stock Market Breadth - 24th Mar 24
Stock Market Margin Debt Indicator - 24th Mar 24
It’s Easy to Scream Stocks Bubble! - 24th Mar 24
Stocks: What to Make of All This Insider Selling- 24th Mar 24
Money Supply Continues To Fall, Economy Worsens – Investors Don’t Care - 24th Mar 24
Get an Edge in the Crypto Market with Order Flow - 24th Mar 24
US Presidential Election Cycle and Recessions - 18th Mar 24
US Recession Already Happened in 2022! - 18th Mar 24
AI can now remember everything you say - 18th Mar 24
Bitcoin Crypto Mania 2024 - MicroStrategy MSTR Blow off Top! - 14th Mar 24
Bitcoin Gravy Train Trend Forecast 2024 - 11th Mar 24
Gold and the Long-Term Inflation Cycle - 11th Mar 24
Fed’s Next Intertest Rate Move might not align with popular consensus - 11th Mar 24
Two Reasons The Fed Manipulates Interest Rates - 11th Mar 24
US Dollar Trend 2024 - 9th Mar 2024
The Bond Trade and Interest Rates - 9th Mar 2024
Investors Don’t Believe the Gold Rally, Still Prefer General Stocks - 9th Mar 2024
Paper Gold Vs. Real Gold: It's Important to Know the Difference - 9th Mar 2024
Stocks: What This "Record Extreme" Indicator May Be Signaling - 9th Mar 2024
My 3 Favorite Trade Setups - Elliott Wave Course - 9th Mar 2024
Bitcoin Crypto Bubble Mania! - 4th Mar 2024
US Interest Rates - When WIll the Fed Pivot - 1st Mar 2024
S&P Stock Market Real Earnings Yield - 29th Feb 2024
US Unemployment is a Fake Statistic - 29th Feb 2024
U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - 29th Feb 2024
What a Breakdown in Silver Mining Stocks! What an Opportunity! - 29th Feb 2024
Why AI will Soon become SA - Synthetic Intelligence - The Machine Learning Megatrend - 29th Feb 2024
Keep Calm and Carry on Buying Quantum AI Tech Stocks - 19th Feb 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Only a Pawn in Their Game

Politics / Social Issues Oct 31, 2014 - 03:07 PM GMT

By: Dr_Jeff_Lewis

Politics

The deputy sheriffs, the soldiers, the governors get paid
And the marshals and cops get the same
But the poor white man's used in the hands of them all like a tool
He's taught in his school
From the start by the rule
That the laws are with him
To protect his white skin
To keep up his hate
So he never thinks straight
'Bout the shape that he's in
But it ain't him to blame
He's only a pawn in their game.


And the greatest depression goes on, far from reckoning, unbeknown to the mainstream. Collectively, no one is paying attention, and yet dying a little faster everyday. A chronic illness, we adapt to the malaise. Even when we try, it is hard to break free from the fantastic circus.

The conventional view of a depression hinges upon images from the 1930’s. Black and white snapshots left over from a point in time that has been largely forgotten or worse, rewritten.

Rewritten by the victors - the banks, and the political -finance industrial complex they enable — more so at this time than any other in history.

Living the lie has never been more profitable. Take a look at the master of puppets, JP Morgan Chase. Their loan to deposit ratio is at a record low of 56%. The most telling snapshot of the financial system. They are making very few loans and yet vacuuming up record (low cost) deposits, which are then leveraged into equities.

Essentially, via the Fed, the banks have given themselves all the love of money conjuring, without the risk of making loans in a ZIRP world. Six years gone for the heart of the economy. The great stagnation-the misallocation of what could otherwise be risk capital for new business formation.

They've stuffed the natural channels for progress for short term gambling profits. Risk free all the way through. For when it all backfires (like always does) the pain will be socialized across future generations.

And the more the middle class is squeezed, the more the Fed will need to step in.

Transfer payments of unfunded liabilities will provide the money velocity while the banks will continue to reap high risk rewards without risk. Transfer payments will fuel consumption — and bid prices up until the next major crash.

We can only see what we could have seen earlier. Nothing much to see here, other than the increased spectacle of ignorance matched only by the fever pitch volatility of world financial markets.

We are six years in. Surrounded by a thousand black swans, 360 degrees of precipice. And this time around, bubbles are everywhere. Bonds, equities, housing and all along the spectrum for each.

Junk bond yields are at all time lows. Equity margin debt is at all time highs. While the housing bubble slowly turns back toward its trend line, shouts of sub prime can be heard from the halls of injustice.

Ultimately, debt matters in the servicing. And the servicing is now.  Inability to service debt will have a geometric shadow effect on balance sheets and derivatives.

Will it be deflation, inflation, hyperinflation or both? However you define, whatever you call it...it will be failure. Transfer payments will continue, direct money printing will come with hysteria, and wars will rage on for the benefit of the oligarchy.

All of it will be shrouded from most by a combination of terrorist false flag induced chaos or Ebola pandemic reality. Most people will continue to miss the opportunities to focus on what they can do and instead become blinded by fear and do nothing.

Currently, we live in a brave new HALCION world, numb and safe from the inner kingdom of truth with all of us. From dawn to dusk, things turn "Orwellian" as the cycle completes its totalitarian turn.

We are living through this chaos now - the conflict at the heart of what is often deemed as entitlement. Medical care, education are firmly wrapped in an entitlement display when the real issue is the raw inflation induced by the corporate banking class.

Real banking will not return for some time. The hidden depression will mirror a hidden inflation. Electronic food lines, transfer payments replaced by the magical array of chromatic illusions - equally mysterious.

If you look close enough, you can see the shadow of the matrix. You can smell the stench of boiling frogs. The champaign socialist dreams of intervention, the middle class disappears, replaced by a smoldering populace.

Real wealth is taken from every man while the photo chrome fantasy mantra goes on and on.

From the poverty shacks, he looks from the cracks to the tracks
And the hoof beats pound in his brain
And he's taught how to walk in a pack
Shoot in the back
With his fist in a clinch
To hang and to lynch
To hide 'neath the hood
To kill with no pain
Like a dog on a chain
He ain't got no name
But it ain't him to blame
He's only a pawn in their game.

- Bob Dylan, Only a Pawn in Their Game

For more articles like this, and/or for a breath of fresh silver market reality amidst the stench of denial and technically meaningless short term price obsessed madness, check out http://www.silver-coin-investor.com

By Dr. Jeff Lewis

    Dr. Jeffrey Lewis, in addition to running a busy medical practice, is the editor of Silver-Coin-Investor.com

    Copyright © 2014 Dr. Jeff Lewis- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Dr. Jeff Lewis Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in