Anyone who tries to follow the "news" today will be overwhelmed by the sheer volume of it and the detailed complexity of it. This is perhaps the greatest reason to ignore the news completely and just use charting in order to understand what condition my condition is in.
The news and the reasons and the logics applied to the economy are just so voluminous that we need to have easy ways to know what is noise and what is important. In an article from Profit Confidential today, Robert Appel gives us his run down on how we got into the position we are in today. It is filled with a lot of truths like central bank manipulation, etc. but unfortunately it does not contain one word about the truth. That is, the only truth that matters. There is in fact one underlying enabler, the Devil which all other minions report to in this mess and that is the use of fake money in the form of fiat currency and fractional reserve banking. Without this enabler none of the other things could possibly have happened.
Thus, when looking for signs of the collapse, look no further than the banking system. When the chickens come home to roost the major sign will be a sudden downward reversal in fortunes of the banks. Everything else is pretty much just useless, time wasting noise.
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