Monday, January 19, 2015

The Next Time Around Will Be Fubar

The next time there is a pratfall in the stock and bond markets and the TBTF banks — and there is sure to be — the rescue tricks are liable to be a whole lot more severe than the TARP, ZIRP, and QE hijinks of 2008-2015. Next time around, the federals are going to have to confiscate stuff, break promises, take away things, and rough some people up. The question is how much of this abuse will the public take?

http://kunstler.com/clusterfuck-nation/a-solemn-pause/

We've taken quite a bit already. Are we finally ready for the "American spring"?

One thing's for certain ... the feds are ready. They haven't been conducting all those urban warfare drills in US cities for nothing.

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