You don't get to appreciate the (for now) slow-motion trainwreck that is the global banking system unless you spend time off the mainstream media path. Those happy spinsters would have us believe that everything is fine and our recovery, while laborious, is progressing to a happy conclusion.
Bullshit.
The global debt-based economy is disintegrating, and due soon for a long miserable reset. In Game of Thrones, the Starks' motto is "Winter is Coming." Well said, sers. Mr. George R. R. Martin may be a gifted prophet as well as a stellar story teller.
Europe as it is currently ill-conceived is finished. Britain and Japan are past their eyeballs in government debt. China sits on a huge stack of rapidly depreciating dollar-based assets, cities packed with empty office skyscrapers and four-star hotels, on top of an empire full of factories spewing out grot for.... whom? Guess what, Uncle Sam and his cronies and especially us pissants will not be immune to the coming wave of sovereign defaults and the consequent destruction of HUNDREDS of TRILLION$ in DERIVATIVES.
It ain't pretty my friends. Rather than go on in full rant, I suggest you take a look at a presentation by one of the world's elite financial minds and practitioners, Mr. Raoul Pal. His life success is based on cold, objective evaluation of trends in the context of well-studied history. He is not a gloom-and-doomer; he's not trying to sell salvation. He would like to survive and prosper. And he has a message for us: get prepared NOW for some serious shit. Without further ado, Mr. Pal's "Stark" presentation:
Global Financial End Game 2012-2013 - Raoul Pal
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