Wednesday, April 17, 2013

Nine "Dark Omens" Coming for USA

The financial condition simply doesn't make any sense.

For instance;  while we KNOW that creating more debt in order to fix our existing debt problem can't work forever...we simply can't help ourselves but to say, "Well, someone smarter than me must have figured out a way for it to work."

However, according to this next article, there are NINE DARK OMENS heading for the USA that will FORCE US TO ACCEPT REALITY.

Please note...this article came from the Wall Street Journal Market Watch....and not from Oprah's Opinion section of O MAGAZINE.

Shilling warns that this Grand Disconnect is driving “stocks around the world while the zeal for yield, amidst low interest rates, benefited junk bonds and other low-quality debt. The recent rush into equities by individual investors, after consistently liquidating them since 2008, suggests an expanding bubble.”
 
Yes folks, Wall Street bulls are blowing a new bigger, nastier bubble, repeating the roaring run-up to the 2008 meltdown, the 2000 dot-com crash, the 1929 Crash.

Remember, bulls are blind, they harmonize on the “Bright Side,” like Don Quixote, they believe in the promised land, a “permanently high plateau,” that they have finally discovered a cure to the 800-year old “this time is never different” malady. They dismiss Shilling’s warning that a Grand Shocker could shake up the financial markets before year-end.

NOW go to article to read about the 9 omens...but first PAY ATTENTION to these last paragraphs and especially the last sentence;

Of course none of these facts will stop a bull from being a perpetual optimist with a positive mental attitude. Indeed, it’s a motivation to stick to your convictions. Why? It’s in their nature, in their DNA, with an Invisible Hand gyroscope pointing their minds at the “Bright Side of Life.”

No matter that America’s bulls have already lost roughly $10 trillion twice this decade — after the 2000 dot-com crash and the 2008 bank meltdown — they still believe “this time will be different,” in spite of 800 years evidence to the contrary. And you can’t just turn off an optimistic bull’s brain. Never can.

So secretly you must admire their innocent faith. Yes, eventually these nine economic macrotrends will wake all of America up to reality. But until then, enjoy Robert Mankoff’s brilliant New Yorker cartoon: “While the end-of-the-world scenario will be rife with unimaginable horrors,” predicts the CEO of a leading Wall Street bank, “we believe that the pre-end period will be filled with unprecedented opportunities for profit.”

Here;  http://www.marketwatch.com/story/9-dark-omens-that-show-how-us-growth-will-wither-2013-04-13?pagenumber=2

Listen to what Revelation 18 has to say about end of the world and folks who made "unprecedented profits" during the Last Days before Christ returns.
9 And the kings of the earth, who committed fornication and lived in luxury with her, will weep and wail over her when they see the smoke of her burning; 10 they will stand far off, in fear of her torment, and say,

“Alas, alas, the great city,
Babylon, the mighty city!
For in one hour your judgment has come.”
17 For in one hour all this wealth has been laid waste!”
 
Hat tip to Tim H.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home