Thu, 11/07/2019 - 16:25
Authored by Alt-Market.com's Brandon Smith
SNIPPET:
There are many problems when attempting to track a faltering economy.
For one, the people in government generally do not want the public to know when the system is in decline because this looks bad for them. They prefer to rig statistical indicators as much as possible and hope that no one notices.
When the crash occurs, they then claim that “no one saw it coming”
and the disaster “came out of nowhere”
, so how could they be to blame?
The most rigged statistics tend to be the least important overall in analysis, but this does not stop the mainstream media and investors from hyper focusing on them. How many times have you told friends and family about the collapse in manufacturing or the explosion in consumer and corporate debt, only to hear them say, “
🐵 But the stock market is at all-time highs!” Yes, even though stock markets are a meaningless trailing indicator, even though GDP stats are a complete fallacy, and even though jobless numbers do not include tens of millions of people out of work, these are the stats that the average person takes mental note of when consuming their standard 15 minutes of news per day.
While the issue of rigged statistics makes analysis of a crash difficult, a 🙉 willfully ignorant citizenry makes reporting on the real data almost impossible. It’s sad to say, but a large number of people do not want to hear about negative information. They want to believe that all is well, and will delude themselves with fantasies of blind optimism and endless summers. Like the tale of “The Ant And The Grasshopper”,
they are grasshoppers and they see anyone who focuses on the negative as “chicken littles” and “doom mongers”.
In their minds they have all the time in the world, until they freeze and starve when winter comes.When I encounter people who actually believe the manipulated numbers or buy into the stock market farce or simply don’t want to accept that a crash could happen in their lifetime, I always ask them to consider these questions:
If the global economy is not on the verge of collapse, then why did 🎩 central banks keep propping it up for the past ten years? And if central banks have been propping up the system, how much longer do you think they can do this? How much longer do you think they want to do it? What if one day they decide to let the entire house of cards tumble? What if such an event actually benefits them?We’ve seen that a broken economy can be technically held together for a decade,
but under the surface, the structure continues to rot. The bottom line is that even if the elites wanted to keep the system going for another ten years, and even if politicians continued to help them by
pumping out false statistics, there is no way to hide the effects of
crumbling fundamentals. We saw this during the crash of 2008, and
now we’re seeing it again.
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