Results 1 to 6 of 6

Thread: The "Bailout Bubble" - The Bubble to End All Bubbles

  1. #1
    Happiness Consultant Jahpikne's Avatar Jahpikne is offline
    Join Date
    Mar 2005
    Location
    Beating the Kette Drums inna NYC
    Posts
    26,745
    Credits
    1,089,332

    Exclamation The "Bailout Bubble" - The Bubble to End All Bubbles

    Yonkers Tribune : Gerald Celente Trends Alert - The "Bailout Bubble" - The Bubble to End All Bubbles

    Kingston, NY -- The biggest financial bubble in history is being inflated in plain sight, said Gerald Celente, Director of The Trends Research Institute. "This is the Mother of All Bubbles, and when it explodes," Celente warns, "it will signal the end to the boom/bust cycle that has characterized economic activity throughout the developed world."





    Either unwilling or unable to call the bubble by its proper name, the media, Washington and Wall Street describe the stupendous government expenditures on rescue packages, stimulus plans, buyouts and takeovers as emergency measures needed to salvage the severely damaged economy.

    "All of this terminology is econo-jargon," said Celente. "It's like calling torture 'enhanced interrogation techniques.'


    Washington is inflating the biggest bubble ever: the 'Bailout Bubble.' "This is much bigger than the Dot-com and Real Estate bubbles which hit speculators, investors and financiers the hardest. However destructive the effects of these busts on employment, savings and productivity, the Free Market Capitalist framework was left intact. But when the 'Bailout Bubble' explodes, the system goes with it."


    The economic framework of the United States has been restructured. Federal interventionist policies have given the government equity stakes, executive powers and management control of what was once private enterprise. To finance these buyouts, rescue and stimulus packages -- instead of letting failed businesses fail and bankrupt banks and bandit brokerages go bankrupt -- trillions of dollars are being injected into the stricken economy.

    Phantom dollars, printed out of thin air, backed by nothing ... and producing next to nothing ... defines the "Bailout Bubble." Just as with the other bubbles, so too will this one burst. But unlike Dot-com and Real Estate, when the "Bailout Bubble" pops, neither the President nor the Federal Reserve will have the fiscal fixes or monetary policies available to inflate another.


    With no more massive economic bubbles left to blow up, they'll set their sights on bigger targets. "Given the pattern of governments to parlay egregious failures into mega-failures, the classic trend they follow, when all else fails, is to take their nation to war," observed Celente.


    Since the "Bailout Bubble" is neither called nor recognized as a bubble, its sudden and spectacular explosion will create chaos. A panicked public will readily accept any Washington/Wall Street/Main Stream Media alibi that shifts the blame for the catastrophe away from the policy makers and onto some scapegoat.

    "At this time we are not forecasting a war. However, the trends in play are ominous," Celente concluded. "While we cannot pinpoint precisely when the 'Bailout Bubble' will burst, we are certain it will. When it does, it should be understood that a major war could follow."

  2. #2
    Temporary Suspension Swerve is offline
    Join Date
    Jun 2005
    Posts
    20,361
    Credits
    9,522
    juss great.

  3. #3
    Happiness Consultant Jahpikne's Avatar Jahpikne is offline
    Join Date
    Mar 2005
    Location
    Beating the Kette Drums inna NYC
    Posts
    26,745
    Credits
    1,089,332
    Quote Originally Posted by Swerve View Post
    juss great.
    time to enjoy life before they set it off

  4. #4
    where de crix Oneshot's Avatar Oneshot is offline
    Join Date
    Apr 2003
    Location
    Brick City, NJ
    Posts
    24,665
    Credits
    40,121,676
    Quote Originally Posted by Jahpikne View Post
    Yonkers Tribune : Gerald Celente Trends Alert - The "Bailout Bubble" - The Bubble to End All Bubbles

    Kingston, NY -- The biggest financial bubble in history is being inflated in plain sight, said Gerald Celente, Director of The Trends Research Institute. "This is the Mother of All Bubbles, and when it explodes," Celente warns, "it will signal the end to the boom/bust cycle that has characterized economic activity throughout the developed world."

    Either unwilling or unable to call the bubble by its proper name, the media, Washington and Wall Street describe the stupendous government expenditures on rescue packages, stimulus plans, buyouts and takeovers as emergency measures needed to salvage the severely damaged economy.

    "All of this terminology is econo-jargon," said Celente. "It's like calling torture 'enhanced interrogation techniques.'

    Washington is inflating the biggest bubble ever: the 'Bailout Bubble.' "This is much bigger than the Dot-com and Real Estate bubbles which hit speculators, investors and financiers the hardest. However destructive the effects of these busts on employment, savings and productivity, the Free Market Capitalist framework was left intact. But when the 'Bailout Bubble' explodes, the system goes with it."

    The economic framework of the United States has been restructured. Federal interventionist policies have given the government equity stakes, executive powers and management control of what was once private enterprise. To finance these buyouts, rescue and stimulus packages -- instead of letting failed businesses fail and bankrupt banks and bandit brokerages go bankrupt -- trillions of dollars are being injected into the stricken economy.

    Phantom dollars, printed out of thin air, backed by nothing ... and producing next to nothing ... defines the "Bailout Bubble." Just as with the other bubbles, so too will this one burst. But unlike Dot-com and Real Estate, when the "Bailout Bubble" pops, neither the President nor the Federal Reserve will have the fiscal fixes or monetary policies available to inflate another.


    With no more massive economic bubbles left to blow up, they'll set their sights on bigger targets. "Given the pattern of governments to parlay egregious failures into mega-failures, the classic trend they follow, when all else fails, is to take their nation to war," observed Celente.


    Since the "Bailout Bubble" is neither called nor recognized as a bubble, its sudden and spectacular explosion will create chaos. A panicked public will readily accept any Washington/Wall Street/Main Stream Media alibi that shifts the blame for the catastrophe away from the policy makers and onto some scapegoat.

    "At this time we are not forecasting a war. However, the trends in play are ominous," Celente concluded. "While we cannot pinpoint precisely when the 'Bailout Bubble' will burst, we are certain it will. When it does, it should be understood that a major war could follow."
    utter nonsense,

    1) companies have been allowed to fail where the shocks could be contained.
    2) government intervention does not necessarily increase the value of companies.
    3) capitalism is not being thrownout but merely being transformed. We live in an age of sovereign wealth funds actively investing and acting similar to private equity funds; something unheard of 50 years back.

    This is nothing more than some guy trying to get his name in the news to get a book deal, or a pundit position on media.

    Government intervention in the banks is leading to credit card reform, executive pay restructuring, and review of financial charges. If anything having the government as an active investor in financial companies will seek to improve risk management vs short term investors looking for inflated share prices

  5. #5
    Happiness Consultant Jahpikne's Avatar Jahpikne is offline
    Join Date
    Mar 2005
    Location
    Beating the Kette Drums inna NYC
    Posts
    26,745
    Credits
    1,089,332
    Quote Originally Posted by Oneshot View Post
    utter nonsense,

    1) companies have been allowed to fail where the shocks could be contained.
    2) government intervention does not necessarily increase the value of companies.
    3) capitalism is not being thrownout but merely being transformed. We live in an age of sovereign wealth funds actively investing and acting similar to private equity funds; something unheard of 50 years back.

    This is nothing more than some guy trying to get his name in the news to get a book deal, or a pundit position on media.

    Government intervention in the banks is leading to credit card reform, executive pay restructuring, and review of financial charges. If anything having the government as an active investor in financial companies will seek to improve risk management vs short term investors looking for inflated share prices
    For new companies not old ones. So the fact money is being printed out of thin air with no backing doesn't bother you? You do know this is debt that our childrens childrens will never be able to pay ? Do you think the Fed prints the US government money at no cost?

  6. #6
    where de crix Oneshot's Avatar Oneshot is offline
    Join Date
    Apr 2003
    Location
    Brick City, NJ
    Posts
    24,665
    Credits
    40,121,676
    Quote Originally Posted by Jahpikne View Post
    For new companies not old ones. So the fact money is being printed out of thin air with no backing doesn't bother you? You do know this is debt that our childrens childrens will never be able to pay ? Do you think the Fed prints the US government money at no cost?
    Money gets printed regardless, the most important thing is what the money is used for. The entire talk of no backing is neither here or there, the backing is the US economy itself, which remains the most robust internationally. If the US was the only country with high levels of debt, or the only country printing money it would be cause for concern. This is not the case.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •