Thursday, June 26, 2014
Another Step Down?
Have we maybe finally reached the point where even Fed manipulation and Enron-like accounting can no longer keep the numbers looking good? Has the rot from the edges finally reached the point that areas such as University towns and Government centers can no longer make it look like growth is still going on?
For years now I have written many observations of how the collapse is hitting us from the edges and slowly inching it's way inward. There are of course enclaves that have bucked this trend from the very beginning. It's easy to identify these enclaves as they have significant ties to some group that directly benefits and allies itself with the current Liberal/Feminist regime. Namely College towns, very Liberal cities or government centers. In my particular case it is very easy to see these dividing lines by traveling one direction or another.
It's really remarkable to see the difference these money infusions are creating in similar sized communities. One without a Federally funded school is closing stores and losing residents left and right while one with a school of higher learning shows growth and prosperity galore.
All the while way out in the rural areas civilization continues to recede. Eroded from the edges.
I often wondered how long the Fed and Government cheerleaders could continue to claim growth and prosperity while it was obvious most of us were not living it or seeing it. They changed the rules every quarter adding in something else that had no business being counted and declared victory. Even with counting government spending, intellectual property and a mythical underground economy into the GDP we still showed negative growth for the first quarter of 2014. Hell they haven't even tapered very far yet so they can't blame it on that.
Are we seeing the next step down develop now? Have we reached the point that it is impossible to hide the fact the real producers have been overwhelmed by the looters?
So far the second quarter profit reports are not looking any better than the first. Precious metals appear to be making a comeback and equities are taking some hits.
We maybe taking another big hit now and I don't think we have many hits left in us before the fall. I guess only time will tell but I would recommend checking your preps closely once again. I know this has been a recurring theme but eventually it is going to happen so by now you should have lots of practice going over your checklist.
Keep Prepping Everyone!!!