After 4 months of harsh monetary tightening by the Federal Reserve attempting to have the strength to force the global monetary system to its crisis, a period in which the price of crude oil (AMEX:USO) dropped more than 25%, gold (AMEX:GLD) dropped 15% and the U.S. Dollar was vaulted up to unsustainable levels through the generation of generational levels of fear, the chickens, as they say, finally came home to roost. the ISM index printed at 49.7, officially putting the U.S. manufacturing sector on notice that the supply chains are a mess and breaking down. With a target of 52.7 and anything under 50 considered a contraction, this would indicate that if the Fed didn’t open up the liquidity floodgates on Friday, the market is telling them that they better darn well do it soon or there won’t by much of an economy anywhere left to stimulate.
I’m beginning to wonder if the competing factions within the U.S. government and their close personal allies on the boards of the major multinational corporations have truly turned on each other and have begun forcing policy decisions that are creating a fulminating cauldron of chaos that cannot be managed by the suitable application of new liquidity. In other words did the U.S.’s drive to bring Iran and its backers to its knees stay the Fed’s hand for so long that it has not doomed not only Iran to a life of misery but the U.S. and Europe as well?
It’s very possible that at this point we are looking at the moment where the back-stabbing behind the scenes is so intense that no one really is in control of anything and this whole house of cards comes tumbling down in a whirlwind that no one will be able to respond to. Regardless of whether it will work or not, the money is going to flow or the bankster oligarchs no longer want to be in charge.
as they say on Twitter #grabs #popcorn.Previous Post » Lie-Bor-Gate and Bankers Eating Their Young