by DAVID BROWN | CLEARNFO.com | Aug 18, 2015

Debbie Reynolds

I debated whether or not to post the dreary forecast from Tyler Durden below, since most of the news we consume is already very negative; and what, after all, can one more dire prediction contribute? Well, what it can contribute is the answer to a burning question we have all had on our minds since the U.S. Federal government decided to monetize our debt, which historically is the kiss of death to any economy. I guess they thought this time would be different, eh? Or maybe they believed in the magic of Keynesian economics as promulgated by the Nobel Prize winning Paul Krugman. It seems fitting that Krugman is Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs, since it was the ‘Progressive’ Wilson who brought us the Federal Reserve and the 16th Amendment. Anyway the question is “when will the economic collapse begin?” I think the answer is in the article below. What the article does not address is the incredible mountains of wealth transferred from those of us who make the economy work to those who are in the rarefied position of shuffling paper around.

23 Nations Around The World Where Stock Market Crashes Are Already Happening
by Tyler Durden on 08/18/2015