Houston...Is there a Problem???????
May 24, 2009
– Comments (14)
K. Denninger
Wake up America.
And in the meantime (and as a hedge if the government tries to be even more stupid) go buy a gun and some ammo. When the "entitlement" checks stop going to those who think they have a right to pop out eight kids and bill the state for the medical, I'll make book on riots and other forms of general civil nastiness.
Fellow CAPS players....where is this all going??????????????????
Millions of Americans are losing their jobs. Tens of millions are watching their wages evaporate as the cost of living explodes. Gas prices are beginning to rise again which will lead to higher transporation costs and higher food costs in the very near future.
You can see the stress rising everywhere.
Our government leaders are acting shocked and are just beginning to inform you about the magnitude of the problem whether it be the Governator, Mayor of LA, Mayor of Las Vegas, Mayor of Cleveland, and many others....while Alstry and others have been warning you for over a year.
Is Alstry angry....he is angry as hell!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
We are watching our nation systematically shut down and few seem to have any solutions or even proposing solutions. The current ostrich policy of sticking our collective heads in the sand is not working.
To make matters worse, our government pursuing a Zombie Bank policy is transferring our nation's wealth from its citizens to relatively few banks. Soon every city in America will be filled with broke constituents.....just like the hundreds of depressed towns littered across the Rust Belt with their vibrant history only a memory as their industries shut down and jobs shipped overseas.
This go around...the entire nation is becoming the Rust Belt affecting once immune industries like Finance, Real Estate, Technology, Health Care and Government.
As we proceed into Summer, the downward spiral will grow causing distress to millions more Americans....many of whom are still unaware of the currennt conditions nor prepared for what they face.
You may hate Alstry...but at least he has prepared you for what is coming!!!!!!!!!!!!!!!!
With each passing day, Alstry and others continually provide hard hitting facts documenting the effects of Zombification of our American economy with such clarity and perspective that few media outlets can compare to the brilliance of CAPs. Some CAPs players average picks are out performing the market by over 10% for the past year putting them in the elite of elite of all professional money managers in America. Those that are short are outperforming by 50%.
So here we are this Memorial Day weekend honoring our dead and Summer is just around the corner...in the mean time our cities are going broke, our counties are going broke, our states are going broke, our corporations are going broke, and our citizens are going broke....
and the collective conscious of America seems to place little emphasis on the severity of the problem. Evidencing this is a few arrogant CAPS players who postulate technology will change things.....in the mean time, failing to address that fact that millions will starve before we even initiate the contemplated changes.
To me such a perspective is like telling the victims of Katrina how much better things will be while failing to address the then existing human crisis. Do you think those starving in New Orleans gave a damn how great the future might be....they needed food and water then or there wouldn't be a future for those affected.
Shouldn't we have been better prepared to address the crisis in New Orleans.....shouldn't we be preparing more for the current crisis??????
How bad will things have to get before we realize the severity of the problem.....it is a very interesting social experiment indeed....in real time and open for all to see. We have many perspectives on CAPs...The Deej, The Donner, The Alstry, The JGus, The Abitare, The dwot and many many others.
Yes this is an investing site....but the general economy is the fabric from which we weave our investments.
What exactly is the answer, Alstry is not fully certain...but he is sure if we continue the policy of taking ALL of our nations wealth and giving it to a few bankers....The Zombulator will drain funds and there will be very little money left for our citizens.......and if there is very little money in the consumer's hands....our leveraged consumer dependant economy will fail and many will starve to death.........and as that process progresses.....if you don't think social unrest is the byproduct.....you are not thinking about the problem.
Don't you think its time to PREPARE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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