America’s financial system is nothing more than a toxic waste dump of speculation, fraud, collusion, corruption and rampant profiteering.

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Regardless of our opinions about President Carter and his legacy, his Farewell Address is worthy of our attention and study.

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Why would anyone sell when further gains are guaranteed? Because the gains are unreal but the losses are real.

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Unfortunately for those at the top who’ve benefited immensely from speculative bubbles, speculative bubbles don’t create a vibrant middle class–they push what’s left of the middle class off a cliff.

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This heavily managed ‘market structure’ is far from equilibrium and extremely prone to instability.

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Our Nobility’s assessment of risk and their war-gaming of vulnerabilitiesare fatally deficient.

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It didn’t have to be this way, but this is the reality we must now face: truth is fatal to fraud, and our entire financial-political system is a fraud.

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How do you unrig a speculative rigged market? You don’t. It simply crashes into a putrid sinkhole.

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I’d say more about Big Tech but since they’ve ‘privatized totalitarianism’, I fear being ‘digitally disappeared’ if I dare criticize Big Tech.

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The Fed has a binary choice: preserve America’s global hegemony or further enrich the billionaires. You can’t have both. <

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