by Mac Slavo
These are truly unprecedented times.
Central bankers have never had more power; monetary policy has never been stranger. Stock markets are at record highs, but the real economy is stagnate and suffering. The individuals in it are finding it difficult to makes ends meet, and are drowning in debt.
All the quantative easing went straight to the top; investment had literally no incentive to flow into the larger body. The system is top heavy, topsy turvy and weak in the knees. Collapse appears inevitable, yet could be a long way off.
Whatever happens next, no one can say, but we are approaching the limits.