Sunday, June 29, 2014

Civil Unrest Is Rising Everywhere: "This Won't End Pretty"

Martin Armstrong Warns Civil Unrest Is Rising Everywhere: "This Won't End Pretty" | Zero Hedge
The greatest problem we have is misinformation.
People simply do not comprehend why and how the economic policies of the post-war era are imploding. 
This whole agenda of socialism has sold a Utopian idea that the State is there for the people yet it is run by lawyers following their own self-interest.
The pensions created for those in government drive the cost of government up exponentially with time.
The political forces blame the rich and this merely creates a class warfare with no resolution for the future. Even confiscating all the wealth of the so-called rich will not sustain the system. Consequently, we just have to crash and burn and start all over again.
....The repeal of Glass Steagall was the final straw that broke the back of the world economy.
That was the single worst act that could have ever been done and we are now paying the price in spades. The collapse from 2007 has wiped out even the liquidity of the markets.
The second worst act was the creation of the euro when the real goal was the federalization of Europe from the outset.
That undermined the entire European banking system and has led to a serious undermining of the entire global economy.
...This is not going to end pretty. 
The question is when does society wake up? 
Just how high will this price be that we have to pay? 
They will blame the rich and the idiots will cheer – get them. 
What will happen when there is no more wealth to hunt? 
We end up with a communist state by default – no wealth, just career politicians who blame everyone but themselves.

No comments: