Once assets are revealed as worth far less than claimed, insolvency is the inevitable result.
Central bank gaming of Finance is the source of instability.
Everyone caught by surprise that the infinite road actually has an end will face a bewildering transition.
So-called “cosmetic work” can cost tens of thousands of dollars.
Trying to restore a system that is spiraling away from equilibrium with new extremes of obsolete, misguided policies only accelerates the swings from apparent stability to cascading chaos.
The unraveling of hyper-Globalization and hyper-Financialization will generate consequences few conventional analysts and pundits anticipate.
Plunder is fun until everything has been plundered. Nothing is infinite except greed and credulity. Unfortunately, neither greed nor credulity can build a sustainable, productive economy.
The momentum of franchise success and centralization of power are fatal.
Any city whose lifeblood ultimately depends on hyper-globalization and hyper-financializationwill no longer be viable.
Even currencies maintaining convertibility to gold are still subject to bond yields, interest rates, trade and capital flows.
