HYPERINFLATION
America, America, God wanted to send His grace on thee!!!
But you would not let Him!!!
Did you not see this earthquake coming?
Were not the warning signs self-evident?
How could you have been so apathetic?
Scientists have always warned us that whenever seismology is evident that animals are usually warning detectors. Ants seem to sense the faint rumblings causing them to begin a process of migration. Birds fly South or North, East or West depending on the imminent crisis dawning.
The wise Israelite king Solomon urged us to “Go to the ant thou sluggard – consider your ways and be wise.”
The ant stores up for a rainy day. He is frugal. He is diligent in maximizing the advantages available to him.
Economic indicators are no different!
After the post-war period, right up to the end of the 20th century, some argue that the fluctuations in American Tax laws but equally the fact that US currency has been changed at least three time in the last hundred years coupled with rampant, stampeding market forces has been adding a lethal cocktail of ingredients to our current crisis.
These factors converging together have represented early warning signals in what could very well be an earthquake of a magnitude of 9.0 on the Richter scale in the very near future.
The general seismic analysis for predicting any possible earthquake is based on the logic that if the animals has moved out and the ants have bolted, that should be enough to get anyone’s attention.
Sadly, Wall Street was engorged in a pandemonium of greed and financial gluttony like ravenous wolves while the custodians and sentinels who ought to have been monitoring the tell-tale signs were equally drunk with power, debauchery and the elixir of affluence.
With the economy in meltdown, those responsible for sounding the alarm rolled over and went back to sleep even though those noisy varmints were all moving out or had all gone off in other fiscal directions.
As with any major cataclysmic event, as in this case – an earthquake of possible unprecedented [proportions], the first instinct is to run for cover or if your cover is unstable then run for open air.
Once the economy had begun to crumble the only thing that could be done is to try and save our assets, i.e. house, car and other liquid assets). At the same time, hope and pray our 401K’s and other pensionable investments were safe.
It had been trumpeted all along that a few savvy economic pundits were predicting a shattering depression within the US economy that would have a ripple effect around the world.
They argued that governments and CENTRAL BANKS will attempt to throw massive amounts of cash at the problems (which will inflate currencies) and in turn will create – HYPERINFLATION!!!
For an idea of HYPERINFLATION – check out the latest cost of a loaf of bread in ZIMBABWE!!!
The economic depression of the 1930’s had left many good hard-working folks frustrated and disillusioned but in today’s world a financial earthquake will meltdown vast swathes of modern US, European, Asian and other developing cities around the world – leaving them gripped in the quagmire of closed businesses, astronomically rocketing food and energy prices, long lines for basic amenities coupled with rising anarchy, lawlessness and crime but compounded to add insult to injury would be the heavy-handed nature of a “police-state” where an absolute “ZERO”-Tolerance policy would be enacted by the civil authorities to stem the landslide into total social miasma.
Our governments are still clueless!
But then, there are only mortal men who “re-act” based on the climatic storms which are blowing at the time.
They are NOT “Clark Kent” and they certainly are not blessed to have the benefits of “True Prophets” around them who can see the future, assuage anxiety, escalating angst and be able to avoid feeble, incompetent decisions.
Today we are still seeing some of the major seismic cracks in the economic landscape of Wall Street, Main Street and every other financial market around the world in spite of what the trends are saying.
We are still at crisis proportions!
If you doubt my words today – watch this last quarter of the financial year 2008. (8 don’t seem so lucky after all, does it?)
2009 will also test the metal of those who claim to have answers including our most prominent political leaders who make promises which they know they cannot keep.
“A promise is still a comfort for a fool.”
Former Chairman of the FED said recently on Capitol Hill, “This is the worst I have seen in 100 years…”
I didn’t know Greenspan was that old (emphasis mine).
Stearns, Lehman, Merrill, AIG, Fannie/Freddie, WaMu, Wachovia and others I won’t mention at this time are all guilty of imprudence, GREED and faulty debt-to-asset ratios which were frankly unsustainable.
In any other age, this financial “nuke” would have had Biblical repercussions. The fall-out would have meant that the architects of this “mushroom cloud” of monetary meltdown and loss would have had to fall on their swords or face the “axeman”.
But sadly, that is the nature of global capitalism gone MAD!
Central banks around the world have also been in panic mode to print fresh currency to flood the crater left by this unprecedented seismology.
Fannie Mae & Freddie Mac had to be rescued by the US government to prop up the 70% of US mortgages but that will do precious little to stem the tide of the existing seismology undercurrent in the plate tectonics of the global economic system which has been amalgamating and congealing since the 1970’s creating what we are now experiencing today.
The full gambit of the debt crisis is still not yet fully known.
I AM ABOUT TO MAKE A BOLD PROPHECY (ok, let’s call it a prediction), the US government will have no choice but to allow major transnational corporations to buy up failing financial institutions because they have the liquidity on hand while banks will continue to suffer the effects of monetary rigor-mortis due to increasing losses and contraction.
For example, do NOT be surprise to see companies like WALMART* buying into and capitalizing on this trend. Watch for international corporations coming in and buying vast US financial portfolios.
The issue is about liquidity!
Cash is king!
Ask the Rothschilds and the Rockefeller’s.
In the end with the US fighting 2 wars, natural disasters every which way on all fronts and America’s continued ideological obligations around the world – the US government may have to put in an extra TRILLION dollars in increase subsidies into an extremely fractured, volatile and fragmented market.
Whether OBABA* or McCain – we should not even them!!!
Politicians can ill-afford to bury their heads in the sand and remain in denial as to what is happening in the US and in world markets.
Neither can over-zealous law-makers and bureaucrats think that this is the time to come down hard on American entrepreneurs who see a down-turned (or in this case, over-turned) market, as a means of gleaning large profits from the woes that exist as a means of “slapping” businesses with further taxation and additional red tape.
The horse has already bolted. The ant colony has migrated.
The end result will be outsourcing and relocation for existing American businesses that will move to sunnier climes, leaving jobless American haemorrhaging with further tales of woe in what will be deep recession and some arguing a possible “depression” if the economic indicators goes South or another war is started out the clear blue.
For every cause, there is an effect!
America’s material wealth and prowess in the world has come due to following proscribed Biblical principles – as well as disobedience has brought about what we are currently seeing.
If the US has been blessed, isn’t it because Deuteronomy 28:12-13 states:
“The Lord will open for you His good storehouse, the heavens, to give rain to your land in its season and to bless all the work of your hands; and you shall lend to many nations, but you shall not borrow. And the Lord shall make you the head and not the tail, and you only shall be above, and you shall not be underneath, (IF) you will listen to the commandments of the Lord your God, which I charge you today, to observe them carefully.”
If the curse is upon the land, it may be because of the ominous promise of Deuteronomy 28:43-45:
“The alien who is among you shall rise above you higher and higher, but you shall go down lower and lower. He shall lend to you, but you shall not lend to him; he shall be the head, and you shall be the tail. So all these curses shall come on you and pursue and overtake you until you are destroyed, because you would not obey the Lord your God by keeping His commandments and His statutes which He commanded you.”
If these passages describe where America is or where she has been then it is incumbent on us individually as well as collectively and corporately to do all in our power to get back to our allegiance – “one nation under God”.
We can ill-afford to spare another moment!!!
