The Pain in Spain is Mainly in the Brain...

Reports are starting to surface of "austerity protests" in Spain that seem very similar to the early civil unrest in Greece and even the around the clock protests that toppled governments in the Middle East and North Africa.  What are the protesters protesting?  In a way, they are protesting a return to (forced) honesty.  They have become addicted to the wild credit based economy and now that credit is drying up they are unhappy that the enhanced lifestyle associated with debt based spending is also drying up.  Some of the people believe that protesting will force the government to return to the salad days of deficit spending.  These people literally believe that government is a never ending source of wealth and that it can spend any amount and accomplish any task if it just has sufficient will to do so.  The pain in Spain is mainly in the brains of people who believe this crap.  They need to wake and perhaps grow up but then they would have to take some personal responsibility for letting it get out of control in the first place.

Of course, I never underestimate the fault of government in creating these problems.  The Grand Illusion of debt based wealth was purposefully crafted by the Sultans of Scam, the new breed of economic alchemists known as central bankers.  Now that the con is dying under its own corrupt weight, someone is going to have to tell the people that it was always an illusion (Chris Christie and fairy tale promises, anyone?).  Failing that, the people are going to think that government is somehow holding out on them in which case they will feel justified to fight to get their "fair share" of the easy money (that certainly resides by the truck full just behind government doors..). 

It's a no win scenario going forward for the con men in government and central banker cronies.  Before this global economic scam is over and done with I predict literal hanging in the streets for some of them.  Some will be jailed, others will be snuffed quietly in their sleep (probably by their fellow bankers who fear they know too much) and some will actually be murdered in street violence.  That might seem a bold prediction if not a bit dark, but it will come to pass if history is any gauge of the future. 

If things still appear relatively calm it's only because the crap hasn't hit the fan yet.  I know this because so few people own gold and silver which means they are fully exposed to massive attack by flying crap.  That means their wealth is mainly in stocks and other dollar denominated paper investments.  Once the crap begins to really fly then lots more people will own metals than have ever done so in the past 50+ years.  Even you will probably buy some when you see so many others doing it.  Their move will validate your impulse.  The people are scared right now but not really angry yet because they think their stock accounts are still fat.  They live in pre-crash Madoff victim land.  They still think their accounts are actually worth what their monthly statement reads. They think they will actually get their promised government pensions, social security, IRA and 401k money, etc.  At some point a big portion of all of these things will be stolen some way, some how in order to pay for this global scam.  Then and only then will people be pissed to the point of taking noose in hand.  It may not be obvious yet, but its coming.