The economic problem is this: Updated last page 17

"Between Bank of New York Mellon and State Street, these two institutions have stolen between $6 to $10 billion from tens of millions of Americans' retirement savings accounts. It's been a hell of a crime spree for the banks...."

[link to www.gold-eagle.com]

With the MF Global filing Chapter 11 it is now just a matter of time.

Some financial commentators are trying to make light of the event
by saying that the filing will not affect the global system.



"In addition, the government robs Peter to pay Paul and changes accounting and valuation rules to avoid bankruptcy of our largest financial institutions. They throw crumbs of interest cake to the peasants and call it stimulus while trying to camouflage and increase taxes on the masses. Then they print money with wild abandon to pay for their misdeeds which further devalues the currency."
full article here:
[link to www.gold-eagle.com]

The global nasty witches brew of economic collapse is now being stirred.

"Meanwhile, the ECB admitted it had failed to attract enough deposits from European banks to balance out the sovereign bonds it has recently bought. As part of its strategy called “sterilisation” the bank said it had asked European banks for €203bn of deposits for a week but had only attracted €193bn."
[link to www.telegraph.co.uk]


This is the legacy of extreme left wing liberal thinking.

From here on events will happen fairly fast.

Here is a 160 page long text/pdf file that maps the economic picture of the world as of September 2011.

From the report:
"The crisis legacy has left public balance sheets vulnerable."


An interesting question in the report:

"Given their sizable holdings of European bank paper, U.S. money market mutual funds are a potential
transmission channel of the European sovereign debt crisis. Why have the money funds built up such
a large exposure, and what are the implications if they significantly reduce it?"

Also from a chart on page 41 of report:
"The United States straddles the recovery and expansion phases of the credit cycle. "

[link to www.imf.org]


The economic future is:


Last Edited by Kingman-Art on 12/02/2011 04:27 PM

wow I guess that might be the long answer,


I thought it was simply aprehension about the future because of the idiot politicians and how they make any investment in goods or manpower an unsafe bet because of their inability to understand economics and their subsequent ongoing manipulation of aforesaid

the one fallback is to simply live off the land for several years.

The Kondratieff cycle is bogus man.

According to the k-cycle the first major depression occurred in the late 1780s, but there is no econometrical evidence to support this claim; in fact, Kondratieff even admits this in the unabridged Russian version of the publication.

Kondratieff might have gotten the depression of the 1930s correct but the rest of the predictions were bogus.

According to the k-wave the world should have experienced a a trough year in 1843. This did not happen--in 1843 the economy was booming.

Next, let's look at 1896. Nothing major here.

Kondratieffites base their arguments on the whole sale price index. The health of the macroeconomy is not measured by whole sale prices but instead it is measured in terms of net GDP.

not there

Good evening Art. The time is at hand.

Regarding your comment:
"According to the k-wave the world should have experienced a trough year in 1843. This did not happen--in 1843 the economy was booming."

The trough of 1843 did happen and the cycle completed in 1897.
The next K-wave "started" in 1843, so you would expect to see the start of economic revovey.

"Indeed 'rail- roadization' was identified by him as the basis for one Kondratiev
long wave, namely the 'bourgeois' wave of 1843-97 (Schumpeter, 1939, ch. 7)."
[link to www.tandfonline.com]


Regarding your next comment:
"Next, let's look at 1896. Nothing major here."

Kondratiev supposed that, in 1896, a new cycle had started.
[link to en.wikipedia.org]

Lets see now:
We have 1 BS flag verses 59 Lit. cites on the subject matter in the above link.

The readers can choose which is valid.

David Chapman provides an excellent discussion of K-waves.

KONDRATIEV IS ALIVE AND WELL!
[link to www.gold-eagle.com]


This link is to a chart from the longwave group extracted from the above article that show you along the bottom of the chart how a k-wave fits to economics.

[link to www.gold-eagle.com]

Some commentary by Cliff Droke in regards to the various economic cycles that interact with each other
to create economic chaos.


"The road to 2014 has been a winding one and the severe deflation it is anticipated to bring beginning next year has been long in coming.

Investors who are prepared for the deflationary winter it will bring should be able not only to survive but to pick up the bargains of a lifetime.

Until we get to 2014 we have one more tortuous year of cross-currents to go through, however."

The full article is here:
[link to www.gold-eagle.com]

Great thread OP keep it going. Thanks

When, in your opinion, do the interest rates explode to balance the crash? in essence reconsolidating real savings and deflating commodities indexes and of course wiping out the credit laden.

Money supply is shrinking at an annual rate of about 16 percent in Greece,
meaning there won’t be growth needed to support debt payments, Hanke said.

[link to www.bloomberg.com]


Soon they will finally realize that the Syncro-locked K-wave has no escape hatch.

The following is an excellent historical view of the global economic reality and how it is impacting today's events.

It was written by Mark Lundeen whose essays go back over a decade on the Eagle.

A quote from the article:
"The financial media is totally ignorant of what drives gold mining shares,

and gold and silver upward. They believe that war, economic, or natural

disasters are the prime movers of precious metal assets, but this is just

not true! "

[link to www.gold-eagle.com]


And so, ... if you truly understand the insight projected in Lundeen's article,

you will know that "The Great Feast" is on its way, as both the bulls and the bears get butchered.

The top feeds off the bottom and shit.

The Next 17 Months For Gold - David Nichols

"If we go ahead and make the not-so-difficult assumption that gold is launching into another 21-month cycle to the upside -- thank you Fed, thank you ECB -- the target for this move is $2,750 to $3,000, with the next peak scheduled to arrive in June 2013. "


That is 17 months from now, as we are 5 months into this latest 21 month stretch.
This top could stretch into July 2013, depending on how the local timing cycle lines up at that point."

[link to www.gold-eagle.com]

I tend to agree with this analysis ... except ....
my numbers are vastly different; because of the amplification effect of a Syncro-locked K-wave. Also my timing is different.


Try as they might, the combined weight of all the politicians on the planet will not be able to break the K-wave.

THE HIGH COST OF 0% RATE - Jim Willie - 8 February 2012

The fixture of 0% as monetary policy carries with it an admission that money is worthless. No directive by the flailing discredited US central bank could say it better.
Money has no cost because it is not worth anything, being paper in basis and backed by no collateral.

The only stimulus from 0% is the continued leaning toward more Wall Street jobs and not factory jobs. Businesses struggle with oppressive federal regulations, poor domestic demand, rising costs, and a pool of unqualified potential workers.

Full article here:
[link to www.gold-eagle.com]


Well, I hope you truly understand the article. And so, the syncro-locked K-wave is gaining strength,
growing up from a little baby to a world eating rabid monster; the likes of which, not a single human being
in all of history has ever seen.



"A POOL OF UNQUALIFIED POTENTIAL WORKERS"


p.s. I just heard the commentary at the COMEX about how and why the price of RBOB will cause a gallon of gasoline to be five dollars before the end of the year.
And so it begins ...

Ebb and flow. Once you attach interest to money creation, your ass is grass and Kondratieff is a lawnmower.

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

Starting comment: How do different size K-waves arising in different countries become syncro-locked together;
whose final outcome is a global crash with all countries crashing in about the same time era?

This article may help you to understand.

Barron's Confidence Index Is Approaching Depression Conditions Levels Mark J Lundeen 11 February 2012

Some quotes from Mark Lundeen article:
"This vital market feed-back mechanism is currently disabled as the world's central bankers are now dictating bond yields."

"Where do you think all that money used to finance mortgages, and second mortgages a few years back came from? The Fed and its banking system! "

Full article here: [link to www.gold-eagle.com]

"Something big, bad, and really ugly is lying in wait somewhere ahead of us; yep - Mr Bear and his financial market clean-up crew."


Ending comment - No one really knows what a world wide bear market looks like; or what it's local effects will be. And just how seven thousand million people prepare to get through the ordeal caused by the BIG Bear destroying every
economy on the planet?

I do not think it is possible.

For those of you who have been reading and listening to all that I have said; you will be able to see that
the K-wave lock-up is almost complete by examining the following:

"Never before in history has the majority of the global economy (according to GDP) all
been simultaneously poised to default on its debts. "

full article here:
Precious Metals: The Only Alternative - Jeff Nielson 13 February 2012
[link to www.gold-eagle.com]

"Ignore all of the fear-mongering and deceptions of the mainstream charlatans.
For 10+ years they have an unblemished record: they have always been wrong."


The biggest bear in human history is on the move.

He has a very fond taste for economic idiots.

Only one way out of a k-wave winter. Massive war.

This is from the economic research Dept. of the Federal Reserve Bank of St. Louis.

It is a chart of the average number of weeks of

unemployment as measured from the late 1940's.

[link to research.stlouisfed.org]

It is what you would expect to see as the syncro-locked

K-wave starts to gain strength; as the world heads towards

a global depression.


"Unfortunately, another major financial crisis is rapidly approaching and economic conditions
in the United States are going to get a lot worse."

55 Interesting Facts About The U.S. Economy In 2012

[link to theeconomiccollapseblog.com]

"The next economic downturn won't be a Great Recession; it will be a Great Depression."

The above quote is from Toby Conner's article.

The Full article is here:
"The Beginning Of The End" by Toby Connor April 4, 2012
[link to www.gold-eagle.com]


In the world of Economics, it is very late at night.

Have you bought any Silver or Gold children yet ?


What! You haven't.

You don't think it is going to happen ?

You are waiting for more confirmation ?

You like to believe that is just can not happen ?


Well, ... when your paper money, 401K's, stocks, bonds, are equal to used toilet paper,


how are you going to feed yourself ?

a bump for "K wave"

it is rather "Hypertiger-ish" no?

"The vast majority of investors will always prefer gold

over platinum, as Klapwijk noted this week, because its

store-of-value use is so very much greater than platinum's.

You could ascribe that to 50 centuries of habit, gold

being "the universal prize in all countries, all cultures

and in all ages," as physicist and polymath Jacob Bronowski

put it in his Ascent of Man"

Useless Gold Overtakes Platinum - Adrian Ash 12 April 2012
[link to www.gold-eagle.com]



If you have any "useless" gold laying around, send it to me.


I will put it to use.

So...

How long until the K-wave meets the Y-wave?

Makes sense,Thank You!
:GR7:

Last Edited by JimBomB on 04/13/2012 05:47 PM