Disinformation Fog Intensifies As Economic Turmoil Develops

[Joanne98]

Submitted by Giordano Bruno of Neithercorp Press

Disinformation Fog Intensifies As Economic Turmoil Develops

In the past few years, the concept of economic globalism has revealed itself as quite the Trojan horse; once posing as the next step in the evolution of “free market” capitalism and the savior of third world nations striving for development status, now revealed as a fiscal plague spreading delirium and destruction wherever it touches ground. There is no denying that the economies of the world are irrevocably tied to one another, but until recently, this was always thought of as a “good thing” in mainstream financial circles. Today, the great failings of engineered interdependency are painfully apparent. The EU’s many peripheral nations are dropping one after another like flies in a fog of DDT, rising economies in Asia are bloated with investment capital escaping from debt default in the West, causing impressive levels of inflation, and the U.S. is on the verge of a currency implosion as the Federal Reserve opens the floodgates of fiat in a bid to hide our system’s extreme destabilization and maintain what little international faith is left in our ability to service our rampant liabilities. Globalism has led us to disaster…

Of course, this disaster is not quite so obvious if you only follow the MSM’s version of events, or the pithy, watered down observations of mainstream economists, central bank officials, and puppet politicians. In fact, it’s difficult for the average person only mildly versed in economics to understand just what is going on! The closer we get to the edge of the ravine, the deeper the deception becomes. Most Americans feel the danger intuitively, and see the warning signs in their local communities, but clear, concise information in the midst of this ‘Gordian Knot’ of lies is difficult to come by.

Treasury Secretary Timothy Geithner claims that the Fed’s quantitative easing programs are no threat to the dollar and that our country “will not engage in devaluation”, all while commodity and energy prices skyrocket to record levels and numerous nations threaten to dump the Greenback as the world reserve currency. China claims that their inflation is manageable, releasing CPI data that is even more arbitrary and skewed as our own, while the Chinese masses grow louder in their anger over a lack of purchasing power to match exploding housing and food prices. The U.S. blames the lack of global recovery on China’s undervalued Yuan and its unfair trade imbalance. China blames the lack of global recovery on the overprinting of the dollar. Europe sits across the Atlantic hoping both China and the U.S. will keep printing and sending currency care packages to keep the EU afloat, all while claiming every three months or so that the “crisis has passed”.

So, what’s the truth in all of this?

In the following, I will attempt to dismantle the latest disinformation campaigns, explaining the most important factors surrounding the developing calamity between the world’s major economic powers in the easiest terms possible; including how these factors will directly and indirectly affect you…

Truth: Dollar Devaluation Is Occurring, Inflation Is Here

http://www.zerohedge.com/article/guest-post-disinformation-fog-intensifies-economic-turmoil-develops

[FreakinDJ]

1. American's Lower Standard of Living ain't no dis-information

I know a MAJORITY of Americans can see it and feel it in their everyday lives

Kid going to college - Not a Fucking Chance

Retirement - ya I'm on the "Work till you Drop" plan

Home ownership - only if the Banks let me