More evidence of growing conservatism

When stomachs were full and fear was low, the herd let its leadership pretty much run open loop with no oversight and little care about what they did.  If some individuals got hurt by it, the herd didn't mind at all.  Heads were down grazing on the rapidly growing credit plants, very tasty indeed.  And ooooh, the euphoric high that accompanied a sitting!

But stomachs are going empty more and more these days and fear is on the rise.  Nobody trusts anything the government or its presstitutes say anymore.  If someone gets shot, it is now automatically assumed to be a false flag gun grab (no matter how little evidence they might have for their claims). 

Part and parcel of the expected move is the decentralization of power.  I see it happening bit by bit each day.  In today's example, the DOJ has mandated that government acquire warrants to monitor specific cell phone traffic instead of just letting them do whatever the want to as has been policy for about 20 years now.

This is a big deal folks.  It means that government is normalizing to be a friend of the people instead of its worst enemy.  They are not doing this because they want to, they are doing it because they have no choice.  The false, debt fueled prosperity is collapsing.  Thus, a major source of the money needed to fund their operations is evaporating and now they must cut each other's throats within the conspiratorial government cartel in order to curry favor with the herd because the labor of the herd will be the only revenue source going forward.  This is not  new insight from me.  I was writing many years ago and oftentimes in these pages that this would eventually become the case.

None of this is likely any good for the stock markets which are completely dependent upon margin debt to maintain their loft valuations.