We Just Don”t Know It.
10/13/16 Jim's Rant For The Day. “We Just Don”t Know It.”
"Call me Ishmael.” That is the opening line in Herman Melville's Moby-Dick. No other author opened so casually and to the point in such few words. I think it would behoove me to begin my memoirs in the same manner; “Call me crazy.”, especially after today's rant.
Yesterday I posted an interview with Bill Holter. In it he expressed an idea I had never fully thought through. He said, “What if the financial collapse has already occurred but we don't know about it yet?”
He goes on the point out that the markets are now non-existent, in that no humans are trading most stocks but rather the trading is back and forth by two computers. The net result is that they are currently forcing most market values to not change. The reason for the frozen markets is to prevent margin calls or the payout of derivatives. When I heard him say it I realized this is what I believe has happened!
The crash has already occurred, especially in the case of Deutsche Bank (and maybe now in the case of Wells Fargo). Their stock prices are frozen. Fraud is again the order of the day to keep the appearance of a stable system until after our elections. Post election they will let it all go. This explains the current panic to start nuclear war anywhere on the planet to provide a scapegoat for the financial collapse. Of course I use the term “scapegoat” loosely as it is actually more of an elite get-away after a bank robbery. While we are dealing with a war they will have left the country with the booty.
Yes, that is the only thing that makes any sense now, it has already crashed and we just don't know about it yet.