What a sorry-assed world we live in...Neo-Keynesians and their crony-capitalist butt-buddies are ensuring when the bow breaks the baby is sure to be vaporized...
This is going to keep going as long as they can make it last, and I fear that is going to be quite some time. The Collapse depends upon the sheep figuring out what is up and heading for the exit. And the Sheep's capacity for denial and normalcy bias is simply staggering. No one wants it to end, so if we just ignore the elephant everything will be fine. But the elephant has already crushed the buffet table, spilled the punch bowl and crapped on the dance floor. Band is still playing though, so everything is fine. If it wasn't the band would have stopped playing. Right?
Using the reserve status we have pushed our inflation to the rest of the world first, and they have responded by using the dollar less and less. They are even arguing over who gets to cuddle up with China to provide Yuan exchanges in Europe. There is a slow but very steady migration from the dollar to the Yuan, but since the US is still a huge chunk of China's trading, the whole thing is still interconnected. The inflation and resulting recession in China can be seen clearly[ulr=http://politicalcalculations.blogspot.com/2013/07/china-back-in-recession-us-economy.html#.Ud6wB_m1FCY] looking at China/US trading data . [/url]
Because no one (important to the sheep) is willing to stand up and call shenanigans, so the sheep will not panic. No panic and no sudden collapse. The longer, slower, more painful and far more devastating collapse by stopping the Engine of the World is preferred. It gives us more time to prep. It gives them more time to try and get the police state firmly entrenched. I am thinking it may be as long as 5 more years, though the probably that a black swan event ( civil war caused by the encroachment of the police State or a simple race war) goes up the worse things get. This summer is still in the Cards IMO as well. The Fed can't loose its voodoo. Their cronies will be given the money to buy the issues. They will expend every effort to make that auction look legit to the very, bitter, bitter, end. They have the tools required to keep that kabuki performance well lit and with the illusion of participation for years to come- even if there isn't a single real investor watching it any more. . Meanwhile ZIRP depletes everyone's savings, and the muppets put money into ever riskier investments just to try and tread water over inflation. And Obama keeps coming at us with more energy regs, more rights violations, more govt targeting and murder, the pardoning and govt subsidization of criminal, and voter fraud . At some point, I think something just breaks. Wish I could tell you what,and I fear that it may be nothing. That somehow this decline into abject poverty is peaceful and controlled and in the end we look like the USSR or Cuba. There are still people talking about elections like they matter.
Voter fraud was in clear evidence. Glad they were all arrested for it.. . LOL.