Our government causes the major economic problems, and the Deep State runs the government. From Doug Casey at caseyresearch.com:
Justin’s note: As longtime readers know, Doug Casey says we’re well into what he calls the Greater Depression.
America is headed for trouble… and it’s critical to know exactly what’s going on.
That’s why today’s essay is so important. In it, Doug explains the source behind every negative thing that’s happening right now… and what’s really going on behind the scenes.
It’s one of the most educational and entertaining pieces you’ll read all year.
By Doug Casey, founder, Casey Research
I’d like to address some aspects of the Greater Depression in this essay.
I’m here to tell you that the inevitable became reality in 2008. We’ve had an interlude over the last few years financed by trillions of new currency units.
However, the economic clock on the wall is reading the same time as it was in 2007, and the Black Horsemen of your worst financial nightmares are about to again crash through the doors and end the party. And this time, they won’t be riding children’s ponies, but armored Percherons.
To refresh your memory, let me recount what a depression is.
The best general definition is: A period of time when most people’s standard of living drops significantly. By that definition, the Greater Depression started in 2008, although historians may someday say it began in 1971, when real wages started falling.