Saturday, October 8, 2016

The Coming Collapse Of U.S. Net Worth Will Wipe Out Millions Of Americans

http://www.zerohedge.com/news/2016-10-08/warning-coming-collapse-us-net-worth-will-wipe-out-millions-americans

...the magicians at the Federal Reserve and U.S. Treasury figured out a  NIFTY way to increase our Net Worth  and GDP for the past six years while energy consumption remained flat.  Unfortunately, most Americans don't understand this "Ponzi Finance 101"... including most of the highly educated intellectuals.
 
This is what I call "Intelligent Stupidity."  The country is full of really smart people who are completely stupid when it comes to basic financial and economic sense.  Instead, they have been infected by what James Kunstler calls, "Wishful Thinking."

WARNING:  Most Analysis Out There Is Completely Useless

No comments:

Post a Comment