United States Bank Philadelphia, 1875.
"I believe we can survive the folly of governments, even if they refuse to listen." -- Martin Armstrong.
We are standing on the precipice of an new era in global-social-economics. How we enter this new age is of critical importance. Government is incapable to doing anything for any reform of its own abuse of power is not up to negotiation. We must weather the storm, and to do so we must understand its nature. Just as in the 1930s Great Depression set in motion profound changes that were even manifest in geopolitical confrontations, we have now reached such a crossroads. A debt crisis has its tentacles deeply embedded into every sector right into government. This is the distinction from a mere stock market crash that never alters the economy long-term. We are seriously still over-leveraged and some banks are still trying to be hedge funds and have to speculate to make a profit. That is a key warning sign that the worst is yet to come.
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2 days, and counting... to the implosion of the dollar.
Related: 24 Days