Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

The Era of Centralization is Ending… and the Elites Are Terrified

Stock-Markets / Financial Markets 2016 Sep 14, 2016 - 07:57 AM GMT

By: Graham_Summers

Stock-Markets

The biggest issue in financial political power structure today is the End of Centralization.

In the post 2008 era, the Globalists made a major push to hold the system together. The multi-billionaire class, particularly those who made fortunes from crony capitalism and bubble economics joined forces with the Keynesian media shills to convince the world that the only way we would survive would be if trillions of Dollars were given to those who were deemed “systemically important.”


Warren Buffett was a prime example of this. Buffett amassed a fortune by being a raging capitalist who prided himself on never losing money on an investment. But by the time 2008 rolled around, he faced the very real prospect of seeing his fortune halved.

Somehow he managed to convince the public that he was still a great guy while pushing for bailouts in the very firms in which he had taken large stakes: Goldman, Wells Fargo, etc.

Buffett was not the only one. He’s just the best known.

Let’s be blunt here: the 2008 bailouts and money pumps completely betrayed capitalism. The outcome was precisely what you’d expect from Central Planning:

  • Economic stagnation.
  • The creation of low quality jobs that offer little upward mobility.
  • Concentration of wealth.

Today, eight years later, the elites are terrified that the game is ending.

You can see this in many ways. The architects of this mess (Ben Bernanke, Larry Summers and others) have resurfaced with revisionist narratives in which they are not responsible.

Meanwhile those currently at the helm of the Central Banks have begun abdicating their responsibility for what’s coming.

This is most evident in Central bank Presidents like Draghi and Yellen dropping all pretenses of being able to hit their goals/ targets and instead passing the blame onto political bodies such as Congress.

  • Bank of Japan Head Harihiko Kuroda confessed in January that Japan has a limited GDP potential no matter what policy he employs.
  • Federal Reserve Chair Janet Yellen has begun implicitly pushing for Congress to step up in terms of policy because the Fed is effectively out of ammunition.

These are very critical “tells” from those at the top of the Central Planning economic structure. These individuals know the game is about up and they know what is coming. They also know that politically the tides are now against them.

BREXIT, Trump, Le Pen, Duterte, are all part of a larger global trend away from Centralization towards Nationalism. Whether you like or despise these people/ issues is irrelevant. Their popularity is the product of the last eight years of Cronyism/ Central Planning.

This terrifies the global elites, particularly those who have been riding the crony capitalist gravy train to $ billions. It also terrifies those who link their power and prestige to the current system (Central Bankers, academic economists, and media shills).

This is why you are seeing Keynesian shilling occur on an unprecedented scale in the media. Those who’ve made fortunes from market bubbles (Mark Cuban for one) as well as the usual Keynesian shills (Krugman, etc) are out in full force claiming that if the system doesn’t maintain the status quo, the world will effectively end.

This is just another version of the Great 2008 Lie, that if we didn’t bailout certain people/ prop up certain institutions, the world would end. It was bogus then and it is bogus now.

The fact is that capitalism operates just fine with failures. There were many firms ready to step up to fill the void created by letting key players who made business ending decisions fail.

Consider that over half of the current Fortune 500 were founded during recessions or bear markets in stocks.

Obviously recessions, bear markets and firm failures don’t stop economic progress. If any thing they promote it much as a forest fire wipes out dead debris to make room for the stage of growth.

The last eight years prove Central Planning doesn’t work. Global Central Banks have spent over $14 trillion, and maintained ZIRP/NIRP for seven years, punishing savers and those relying on interest income…

And what has the world got to show for it? The weakest recovery (if you can call it that) in decades, wealth inequality at extremes, and a record number of individuals relaying on welfare/ entitlements.

Never before in history has so much money been spent, accomplishing so little. And it’s set the stage for another massive financial crisis.

If you’re looking for investment strategies to profit from this, I can help you…

Case in point, thus far in 2016 Private Wealth Advisory subscribers have made a killing shorting European banks while also being long various mining companies.

As a result of this, we’re now at 107 STRAIGHT WINNING TRADES.

Indeed, we haven’t closed a single loser since November 2014.

107 straight winners… and not one closed loser… in 20 months.

We take a careful and calculated approach to investing… which is how we’ve been able to maintain this incredible streak of winners… despite market conditions that can be described as “challenging” at best.

You can join us today by taking out a 30 day trial subscription to Private Wealth Advisory for just $0.98.

If you find Private Wealth Advisoryis not what you’re looking for just drop us a line and you won’t be charged another cent.

To take out a 30 day trial subscription to Private Wealth Advisory for just $0.98…

CLICK HERE NOW!

Best Regards

Graham Summers

Phoenix Capital Research

http://www.phoenixcapitalmarketing.com

Graham also writes Private Wealth Advisory, a monthly investment advisory focusing on the most lucrative investment opportunities the financial markets have to offer. Graham understands the big picture from both a macro-economic and capital in/outflow perspective. He translates his understanding into finding trends and undervalued investment opportunities months before the markets catch on: the Private Wealth Advisory portfolio has outperformed the S&P 500 three of the last five years, including a 7% return in 2008 vs. a 37% loss for the S&P 500.

Previously, Graham worked as a Senior Financial Analyst covering global markets for several investment firms in the Mid-Atlantic region. He’s lived and performed research in Europe, Asia, the Middle East, and the United States.

© 2016 Copyright Graham Summers - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Graham Summers Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in