Do you ever wake up and ask yourself how you ended up on this rock they call Earth? Well, it’s one of those morning, at least for me. The amount of stupidity being peddled by the mainstream financial media is truly staggering. Let’s take a quick look at just two instances.
Bernanke sees no risk of hard landing in China, bullish on U.S. economy
If you are not paying attention, the Shanghai Composite is up close to 100% over the last 12 months and has recently went parabolic. Why? Must be China’s empty cities, money printing, massive off balance sheet debt, collapsing growth rate, day trading grandmothers and over 20K new trading accounts being opened each day.
But don’t worry, Mr. Bernanke has a perfect track record. Not only did he save us all in 2009, but he did clearly suggest that the US Economy is doing great and even overheating in Q-1 of 2008. According to the FED minutes. By that time the stock market had already completed 50% of its 2007-2009 decline. Perfection.
Obama says Russia adopting ‘increasingly aggressive posture’
Ummm, must I remind Mr. Obama that it is the US troops that are in Ukraine right now. That NATO has expanded all the way up to the Russian border and for no apparent reason. Well, unless their intention is to start a war. That everything the US touched over the last 15 years has turned to absolute shit (Iraq, Afghanistan, Libya, Syria, Georgia, Egypt, Ukraine, etc…).
The only difference here is that Russia has the capability of striking back and is not bending over to NATO’s will. Western warmongers do not like that. Unfortunately, we will all pay for their stupidity.
