The Bailout Bubble

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SPM's picture
SPM
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The Bailout Bubble

I came across this video today. I believe it is a verbalization of a Trend Research report that Gerald Celente published yesteday.

I just thought it was interesting.

LogansRun's picture
LogansRun
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Joined: Mar 18 2009
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Re: The Bailout Bubble

Here you go:

 

The “Bailout Bubble” — The Bubble to End All Bubbles

KINGSTON, NY, 13 May 2009 — The biggest financial bubble in history is being inflated in plain sight, said Gerald Celente, Director of The Trends Research Institute. “This is the Mother of All Bubbles, and when it explodes,” Celente warns, “it will signal the end to the boom/bust cycle that has characterized economic activity throughout the developed world.”

Either unwilling or unable to call the bubble by its proper name, the media, Washington and Wall Street describe the stupendous government expenditures on rescue packages, stimulus plans, buyouts and takeovers as emergency measures needed to salvage the severely damaged economy.

“All of this terminology is econo-jargon,” said Celente. “It’s like calling torture ‘enhanced interrogation techniques.’ Washington is inflating the biggest bubble ever: the ‘Bailout Bubble.’
“This is much bigger than the Dot-com and Real Estate bubbles which hit speculators, investors and financiers the hardest. However destructive the effects of these busts on employment, savings and productivity, the Free Market Capitalist framework was left intact. But when the ‘Bailout Bubble’ explodes, the system goes with it.”

The economic framework of the United States has been restructured. Federal interventionist policies have given the government equity stakes, executive powers and management control of what was once private enterprise. To finance these buyouts, rescue and stimulus packages — instead of letting failed businesses fail and bankrupt banks and bandit brokerages go bankrupt — trillions of dollars are being injected into the stricken economy.

Phantom dollars, printed out of thin air, backed by nothing … and producing next to nothing … defines the “Bailout Bubble.” Just as with the other bubbles, so too will this one burst. But unlike Dot-com and Real Estate, when the “Bailout Bubble” pops, neither the President nor the Federal Reserve will have the fiscal fixes or monetary policies available to inflate another.

With no more massive economic bubbles left to blow up, they’ll set their sights on bigger targets. “Given the pattern of governments to parlay egregious failures into mega-failures, the classic trend they follow, when all else fails, is to take their nation to war,” observed Celente.

Since the “Bailout Bubble” is neither called nor recognized as a bubble, its sudden and spectacular explosion will create chaos. A panicked public will readily accept any Washington/Wall Street/Main Stream Media alibi that shifts the blame for the catastrophe away from the policy makers and onto some scapegoat.

“At this time we are not forecasting a war. However, the trends in play are ominous,” Celente concluded. “While we cannot pinpoint precisely when the ‘Bailout Bubble’ will burst, we are certain it will. When it does, it should be understood that a major war could follow.”

© MMIX The Trends Research Institute®

The Trends Research

DrKrbyLuv's picture
DrKrbyLuv
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Posts: 1995
Re: The Bailout Bubble

SPM - thanks for this post. Celente nails it...the Fed has preyed on us with a "pump-n-dump" economy - a government approved public looting of "We the People."    

LogansRun - appreciate the transcript.

Do you think that people will catch on?

Larry

jneo's picture
jneo
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Posts: 742
Re: The Bailout Bubble

 

 

It's like The Ship is going down, Stop telling me you fixed the leak with DuckTape. 

SPM's picture
SPM
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Joined: Mar 20 2009
Posts: 241
Re: The Bailout Bubble

I hope so Larry. For now I am the crazy family conspiracy theorist. I do not know what will happen and when, but something inside does not feel right. The real information is out there if people look for it, and I think this site does a great job of presenting it. In my daily dealings, some people feel similar ways as me, my close friends certainly do, but it feeels like the majority doesnt care or understand enough to know what is going on. For example, I can't even say anything like dollar collapse to my family. They know things are going to change, they just don't know how. I suppose the same we all feel.

LogansRun's picture
LogansRun
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Posts: 1444
Re: The Bailout Bubble

It will be interesting to see what's leaked from Bilderberg this year.  Will the leaks be intentional to direct us in the wrong course? 

DrKrbyLuv's picture
DrKrbyLuv
Status: Diamond Member (Offline)
Joined: Aug 10 2008
Posts: 1995
Re: The Bailout Bubble

LogansRun said:

It will be interesting to see what's leaked from Bilderberg this year.  Will the leaks be intentional to direct us in the wrong course?

I've been thinking the same thing - we have to remain skeptical. 

Larry

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