No replies to this topic

[nimblebear]

victim of a Wedgie. If you've never experienced a wedgie, there is nothing quite like it. First it almost starts to feel good, before the real compression kicks in. Then once it kicks in, it keeps going further and further, until you can no longer bear the pain. Usually the perpetrator of such wedgie is a big bully. In this case, its Ben Bald Bully Bernanke. Quadruple B. The charts are showing wedgies all over the place, and many have broken down through their steep uptrend lines. We will now be forming a major rounding, cascading top, to be followed by a rather steep and unexpected decline. It'll take place over the next 6 months, where people will have no clue of what might be the bottom. We are not going vertical. We are not going sideways. And those have been the two primary calls amongst nearly every mainstream prognosticator. Everyone and their bro' thinks this is the beginning of a new bull, and that the past 3 years was a bull market to beat all bull markets. It was little more than a substantially and heavily propped liquidity induced, spazmotic financial bear market rally, designed to get every last possible remnant of every bull on the sidelines, who've been bulls largely throughout the past decade. How do I know this ? Paint. Media has attempted to paint everything as being totally ok, totally covered, totally under control, totally within the realm of bailing out. The marketing in this country for a number of decades has been beyond fierce. Its mind numbing, if not mind bending, and induced the entire american consuming public into a spending coma. You cannot find one person on the street, where if you were to even mention the prospects of the financial economy collapsing, they wouldn't laugh you off the face of the planet. Even with few mentions of the homeless or mentions of foreclosures, people really truly believe that a massive financial collapse will never be possible here. Every generation that lives now, has never been through one. These types of things take about 130 years to form. The mentality of invincibility has to become so entrenched, that nary a soul would contemplate this type of disaster. Even so called preppers have no clue really what they are prepping for. They all entirel underestimate it, and thats perfectly natural. They say it comforts them to prepare for the 'worst' while expecting all will be okay. Paint. It covers up a lot of crap in our society, frankly. Want to sell what largely is a piece of crap home ? Paint it. Same thing with a car. Paint it. Same thing when most folks tire of their piece of crap poorly designed home. They paint it. Over and over and over again. They think they are just getting bored with the old colors, but whats really happening is their subconscious is telling them over and over, their house is a polluted toxic chemical factory of offgases, and new things they call furniture or appliances. They cannot admit this, because they have mortgaged their future in most cases, with 30 year bank indebentures, and they've spent $300,400,500, 750k for these 'beautiful' boxes. Paint has become a metaphor for our living circumstances in the US. The underlying debts we owe, are a disgusting sickening plague of over consumption. Its truly sick how poorly our government has managed this country, and how poorly most have managed their consumption habits. A study was done recently that it now takes $150,000 income on average to be able to get by and save for a rainy day in the US. That's triple the median household income. The vast majority of the planet's human beings do not even take in $15,000. In fact the majority don't take in $1500 annually. Yet they can 'live.' If you really believe this can all end well, and go on in perpetuity when more than 7 billion other people walking on the very same earth you are, don't have a 1000th of what we've spent here each year annually, then your delusions have been covered with so many coats of paint, it would be impossible to even get to the underlying rot, rust, and decay that has occurred to change your mind to stop living the way you are now. Don't worry though. Nature has a fairly harsh way of dealing with those types who live in denial.