“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” - Ludwig von Mises

By Jim Quinn of TheBurningPlatform.com - February 16, 2024

Today is so reminiscent of the 2007/2008 time frame when it was clear to those of us analyzing the real data and observing what was happening in the real world that it was all about to come crashing down. The powers that be and their media mouthpieces kept assuring everyone that it was under control and not to worry. And then it all collapsed suddenly, like a covid vax recipient on a soccer field.

Politicians, bankers, and their media mouthpieces are going through the same exercise today. All is well. The stock market is at all-time highs. That proves everything is fine. It’s not. The next collapse is in motion, but the ruling class won’t let you know until they have positioned themselves to profit from your pain and suffering. Don’t believe a word they say.

Prepare for another 2008/2009 scenario, or worse. The last crisis was . . .

[SNIP]

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