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Welcome to the World of Bankster Magic Where We Shall Have “Weather Followed by More of the Same Unless it Changes.” At the start of the year he said we were entering the “strongest economy” he had ever seen. Then he said he saw storm clouds. Then he said his storm-cloud forecast might have been underestimating the calamity coming upon us because we were likely facing an economic “hurricane.” Now we’re back to “storm clouds” and a “strong economy.” JPMorgan’s CEO, Jamie Dimon, goes wherever the wind blows that particular day. And, yet, the world listens to him as if he had an opinion that actually meant anything. It matters not that his economic predictions vacillate every week from dark clouds to blinding sunlight … because he’s a major bankster in charge of one of the globe’s biggest banks that rigs the price of gold and other precious metals, which will survive the slap on the hand it gets from our overlords in order to go on and do more of something similar down the road. One might expect this shister’s words were intended just to rig the stock market from day to day into making big swings his bank can play, but that would be cynical on my part — an accusation of merit without a basis in provable fact. Or is he just dumber than a weathervane, simply pointing the way the wind is reaching at any given moment with as much brain as a black tin rooster pivoting in the wind?
In other words, say there is a 20-30% chance of each possibility, ranging from a soft economic landing to a life-destroying apocalypse, because you have to be right on one of those. It’ll either be light, medium or heavy. Then change your opinion every week just for good measure and justify your varying prevarications by saying that remaining open-minded to all possibilities is a strength. It’s the end of the world or possibly the beginning of a grand new age. It must be nice to have the luxury of swinging your predictions from one extreme to another on a whim and still being trusted by the richest clients in the world as their primary wealth advisor. A luxury this lowly writer doesn’t have. One thing is for sure, Dimon’s latest set of predictions have a 100% chance of being right!
Or maybe it will just sprinkle on your picnic and not rain on your parade … or maybe the sun will shine into the golden evening and warm your skin in its amber summer glow … or maybe …. One thing is for sure … there will be weather tomorrow. You’re welcome for the sunshiny forecast of rains and storms. Best bring a rain coat and a swimsuit to the picnic and bundle up to stay indoors to avoid the hurricane-force winds that might never blow. Because there will certainly be weather. Thank goodness the major media swoon over the opportunity to repeat the words of the sightless seers of gloom and boom so we can all walk through the darkness with our blindfolded eyes wide open as they steer us into their good fortune by robbing us blind. And tomorrow the Dimon will whisper in your ear what the new price of gold is going to be later today … after he sets it … like the sun that rises and falls upon his words. By such sleight of hand is the world awash in bankster magic. Inhale the rich smoke wafting from their cubans, and try not to cut yourself on the breaking mirrors. Because their leisure is your ill fortune. It’s all smoke and mirrors when you’re at play in the funhouse of the Lord’s of Misery. Be sure to check out “The Daily Doom,” our “economic news of the Great Collapse.”
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