Tuesday, October 18, 2016

Doug Casey: 
"The Greater Depression Is Going To Be 
Worse Than Even I Thought It Would Be"
"There’s another article, even more egregious, more stupid, and more destructive, that the Journal recently ran, by Kenneth Rogoff, called The Sinister Side of Cash. He is, of course, a Harvard 'economist.' You’ll have to get hold of it yourself, because of the newspaper’s reprint policy. But I urge you to do so. It lays out—in clear and well-written English—the 'elite' rationale for negative interest rates, and the abolition of cash. It literally beggars belief, and makes me think the author is criminally insane. I mean that literally, in the clinical sense. Criminal because he actively advocates aggression against other’s property, and in effect, their lives. And insane because his thoughts and beliefs are completely delusional and divorced from reality. All in all, every day there are more indications on every front that the trailing edge of the gigantic financial hurricane we entered in the financial crisis is going to be very, very ugly. The Greater Depression is going to be worse than even I thought it would be."
LINK HERE to the essay
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Worth Further Consideration:
 Words Can Guide You or Misguide You 
We wish more people would be critical of the words that to mislead people. Doug Casey proves that he is not just a critical thinker in economics, but also the tricky use of language to misguide everyone. A snippet from Casey's comments: "Haass starts out by dividing the world of foreign policy observers into the “internationalists” and the “isolationists”—a false, misleading, and stupid distinction. They’re not “internationalists” (which are people who move between countries); they’re “globalists” (people who want to work for one world government, that they control). He uses the term “isolationists” as a pejorative term for the enemy camp, conflating them with non-interventionists—who are a totally different group. Isolationists bring to mind a backward cult, hiding from the rest of the world. Non-interventionists simply don’t want to stick their noses in other people’s business ... Another division he makes (and here I admire his candor) is between the “elites”—like high government officials and people like those in the CFR—and the “non-elites.” He actually uses these words. He terms U.S. invasions and regime change efforts as “an ambitious foreign policy.”
An Ambitious Foreign Policy? 'Shock & Awe' Bombed A City Of 5 Million People.
It Didn't Get Saddam, but Did Get Plenty of Others

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