The next great crisis will have a greater impact than derivatives or failed banks. This is the knife through the heart of Marxist-Keynesian Economics – the end of socialism, as we have known it. Many pension funds around the world are compelled by law to invest vast portions in government debt despite the insanity of negative interest rates. As always, those who pretend to be in power never see the next step forward in their walk. They are incapable of managing the economic. With each crisis they create a solution which becomes the next crisis. And who is more brain-dead? Those who pretend to rule the world? Or perhaps is is those who vote for such people thing they are even capable of doing what they claim?
The Next Great Crisis
Posted Sep 18, 2016 by Martin Armstrong |
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