Little CAPs Sheep...do you like getting fleeced????
How long will you remain complacent while the lies get rammed up your backside.
Today we learned that CSX's revenues were down over 20%. Soon you will learn most trucking and rail companies suffered similar revenue shortfalls. Practically everything in America is shipped by rail or truck.
We also learned that Dell's revenues were down over 20%. Novellus' revenues were down over 50%. Many technology comapnies are reporting revenue shortfalls of 20%, 30% and more.
Media revenues are down double digits.
Advertising revenues are down double digits.
Transporation down double digits.
Housing down double digits.
Technology down double digits.
Retail down double digits.
Restaurant revenues down double digits.
Hotel revenues down double digits.
Airline revenues down double digits.
Finance down double digits.
Imports down double digits.
Exports down double digits.
A depression is only a 10% decline in GDP from peak to trough.
The above deterioration has occured WHILE the government is still collectively spending $6.5 Trillion dollars per year. HALF OF OUR GDP!!!!!
If the government wasn't spending, millions of Americans would be fired from higher paying jobs, consumer spending would decline sharply, and defense, technology, drug and health care revenues would contract materially.
In other words, half of our shrinking ecnonomy simply relies on President Obama and Congress spending money that doesn't exist. Some people call this kind of spending a Ponzi Scheme when those playing are unaware of the nature of the game. The unpleasant joke right now is much of the money is simply transferring to a few of Benny B's banker buddies while more and more Americans are getting zombulated as the plan begins to fail.
In the end, something will trigger the unraveling of this illusory process. The press will act shocked and you will be told no one could have foreseen this....but CAPs players will know different.
The population will demand justice but those to be held responsible don't want to get caught. As a result, if a major distraction arises before the public learns about their fleecing.....it could make the concept of money as we know it meaningless.
At this point, the only question is how does this play out? Audit the Fed and learn about the biggest fraud in history? Indict bankers for fraudulent accounting? War? Pandemic? Economic Collapse? All reasonable guesses based on past behavior.
Who knows???....but it is not the end of the world. It could result in the loss of liberty, but at this point, the outcome is still unsure.
What is sure and Alstry can almost guarantee the following...if we proceed forward with the same policies, there is little doubt that 50% of Americans will be unemployed and/or on welfare. That millions more will sustain massive paycuts. Real Estate values will collapse further and a huge number of corporations will declare bankruptcy and shut down.
If this is too much for you to swallow, then I suggest keep living in your fantasy world and watch CNBS and Jim Cramer. At some point, you will become aware, at some point, we will all be aware.