Sunday, April 13, 2014

IMF: Capital flows are "herd like"

As Prechter's book, Conquer the Crash taught us, humans are a herding species and the elite have always known it.  Now the IMF is signaling to the other global ranchers that the livestock is getting nervous.   It wrote: "What we have observed is more herdlike behavior in the markets, more herdlike behavior driving capital flows... That's not going to be a short-term phenomenon, that's going to be a continuing challenge".

Economati's rough translation for anyone who cannot read elite-speak:  "The global debt Ponzi (AKA capital flows AKA hot money AKA debt money) has reached a long term peak.  This is now going to unwind and it can take a while to happen.  Expect volatility as the herd is finally waking to the fact that we have been slaughtering it bit by bit all along.  Expect stampedes.  Expect to see what used to be a docile herd get downright belligerent and in fact quite dangerous, trampling everything around it no matter if the trampled thing was the cause of the problems or not".

So many signs from so many places cannot be ignored.  Not by thinking people.  Remember, the government is not your friend.  It is in fact just part of the herd and it will get nervous and worried for its own survival.  It will take and grab and tax and steal whatever is not protected by guns and bullets and angry mobs.  That's just the way we have to expect it to be for awhile.  Prepared people are much harder to control than those who suddenly lose everything and are dependent on government for everything.

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