Posted Apr 30, 2013 by Martin Armstrong
I am not exaggerating what is going on and how uninformed the politicians are because they do not “represent” the people and are certainly not from our ranks. They are a professional class that see themselves on top of the Great Unwashed looking down upon us all. This is the very same attitudes of monarchy that sparked the revolutions of the 18th century. The king is dead – long live the Professional Politician.
Ex-ECB executive board member Lorenzo Bini Smaghi summed up the recent meetings. admitting: “We don’t fully understand what is happening in advanced economies.” These people are INCAPABLE to avoiding the total collapse because, like the Romans, they too were still laughing as the Empire crumbled into dust as St Jerome put it. There is no conspiracy – this is idiotocracy.
Rallies of the unemployed youth in Spain has shown that there is no future. This cannot continue. We are sitting on an explosive situation as we enter May and June. Create massive civil unrest and the German elections go chaotic. The sad part, this could all be fixed in 30 days or less – but that requires putting down the scepter of tyranny.