Strolling along the side of the great river last night, listening to the thud, thud of the giant barges, the idea that a weakened Germany would remain ever willing to dance to someone else’s tune seems, at best, fanciful
It’s the end of July, and we’re over half-way through 2012, a year that many, including myself, see as massively significant in the history of our planet. We are also rapidly approaching a specific date, Winter Solstice (12/21/12), or Oxlaju Baktun, in the Mayan calendrics, which most of those same people see as epically pivotal. So, what better time than this to take a step back, and take a hard look at how all this is going.
Everyone is talking about the Mayan Prophecies of 2012. But who is listening to the Maya? This groundbreaking film brings us the voices of the Mayan people as they share their perspectives on the prophecies of their ancestors and their fight to defend Mother Earth and their culture from destruction. 2012 The Mayan Word is both a message of hope and a call to action. Featuring testimonies from contemporary Mayans throughout Mesoamerica, from spiritual guides to activists, community leaders, farmers, artists, teachers, and children, this film is an extraordinary journey into the heart of Mayan struggle and spirituality.
David Roseinberg goes on to highlight a very worrisome indicator - that favored by ex-PIMCO’s Paul McCulley. The YoY trend in the three-month moving average of core capex orders (which was updated last Friday) has just cracked negative, crushing the hopes of US growth prospects and
The Bank Index and the Regional Bank ETF (IAT) are both at or near key falling resistance lines. YTD the banks have reflected relative strength. Markets around the world are facing key falling resistance lines at this time, so the price action of the banks becomes all the more important! So Goes the banks so goes the broad market? I believe so! Keep a close eye on how the banks handle these resistance lines, regardless of what Draghai says or does!
In other words, unpleasant facts can be hidden behind purposely meaningless language. As just one example, Americans have been conditioned to accept the word “democracy” as a synonym for freedom. Thus we are conditioned to believe that democracy is always and everywhere benevolent.
The problem is that democracy is not freedom. Democracy is simply majoritarianism, which is inherently incompatible with freedom. While our Constitution certainly features certain democratic mechanisms
It appears that the world is headed in the direction of a massive assault upon wealth everywhere. The culmination of class warfare seems to be coming to a head all because government owes so damn much in interest, there may be no way out but complete collapse. I fear that we are creating such hatred of anyone who has any money, that we may see this explode in our face as it did in Russia. The race card is now being rolled out