David Stockman knows nothing about market timing and he will be the first to say it. But he is absolutely correct on 95% of the other stuff he talks about, including his assessment of Trump, the scam which is the military industrial complex, etc.
If you have always been confused about why things are the way they are and have been looking for the explanation, this is a good place to start. With that said, people will always want to do things that don't make sense for the human race if it means that they will personally get ahead somehow. It turns out that you can't legislate morality. But just wanting something does not make it happen; you need an environment that is supportive of corruption for it to happen. And the prime supporter of corruption in the world is fake money.
At some point everyone will figure out that without a steady supply of debt money or inflation money the government military industrial complex will have to stop all of its criminal activity. I do not understand why more people do not see fake money (fiat currency) as the very engine of corruption. Maybe they just don't want to see it. Maybe they are too distracted with facebook and TV to see it. But it's so obvious that these are thin excuses. Any reasonably intelligent person can see it if they will only step back from their herding for a minute and think about it.
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