The Daily Climb-Thursday, Feb. 16th, 2012

Thursday, Feb. 16th, 2012 – When we look at the past, we describe it in terms of change. The present headlines about the near future also talk about change. They also talk about apprehension and anxiety. The news is a vortex of shifting alliances and changing landscapes. We hear of geological instability, as well as political uncertainty. It is as though they all have the same script, and the details are changed to fit the event.  An earthquake in one part of the world, a financial crisis in Europe, China running a trade deficit for the first time in their history. pour into the news vortex and pour out of a blender, into our eyes and ears. Money doesn’t make the corporate world go around. Strife and contention do.

The Daily Climb-Wednesday, Feb. 15th, 2012

Wednesday, Feb. 15th, 2012 – We’re seeing the effects of that X Class solar flare. I expected to see big earthquakes. I wouldn’t be surprised if the M 5 + events continue for longer than people expect. We may see more events like the flurry of M 6 quakes, that happened today. When I saw M 5 earthquakes in the polar regions, that set off my alarm bells. It took my mind off of the European debt crisis. Everything that is being thrown into that breech is behind the debt curve. Bailouts will be swallowed whole, devoured by banks that won’t be satisfied. News about Greece will quiet down, only to make room for Italy, Portugal and Spain. In any case, there’s nothing to be shocked about. It’s just more of the currency collapse. It ends when everything goes to zero.

The Daily Climb-Monday, Feb. 13th, 2012

Monday, Feb. 13th, 2012 – We should have a good understanding of how the wealth transfer mechanism and debt slavery works, by now. For those that haven’t learned the lessons of history, Greece is a refresher course. We are watching institutionalized loansharking. The situation is not even close to the end. The point will be reached when the interest on the debt alone, will collapse the Greek economy. That may be several bailouts down the road. this is a serious warning for the world. Borrowed debt becomes an invading dictator.The protests may continue, but will produce nothing. While everyone is distracted, the same process is working, in the United States. Critical infrastructure is being sold off, to foreign interests. Nations are devoured by multiple predators. The debt burden increases, while the means to generate wealth are exported. it proves my point. The objective of commerce is always conquest.

The Daily Climb-Friday, Feb. 10th, 2012

Friday, Feb. 10th, 2012 – I wonder if people see the progression of events to their logical conclusion. The analogy in the financial world would be solving the Titanic’s problem by hitting the iceberg, harder. The central banks have only one chance to try it, and they are taking it. We’ll see how that comes out. For me, there are no options in that scenario. There is only one way it can come out.  I know that people disagree with that statement and adhere to their optimism. That’s nice. I’ll save a place for them in line, at the soup kitchen. Starvation shouldn’t be a penalty for misjudging decisions. That’s the general public view. Perhaps public opinion errs on that point. Famine is a common condition in the world. Life doesn’t work, the way people expect it to. It’s a simple choice. Some things work. Some things don’t. The choices produce the circumstances. I can agree with the position, to each their own. It’s not my job to run the rest of the world. The other side of that coin is that everyone is without excuse.

The Daily Climb-Thursday, Feb. 9th, 2012

Thursday, Feb. 9th, 2012 –  Ok, let’s see if I understand this. We’re supposed to look to the trends to understand where the economy is going. Please bear with me, while I try to get through this, without losing any vital bodily fluids. I’ll start at the beginning.  The first trend I see is that more people now work in government or government subsidized jobs, than not.  The second trend is that almost 50 million people now receive food stamps. A growing number of people are on the edge of poverty. These are the trends that underly the financial crisis.  The only statement I can make is this:

The “recovery” will be paid for by a currency that points to declining GDP and export figures, for it’s justification. An impoverished populace will pay it’s “fair” share of the burden out of declining incomes and purchasing power. No one has figured out how to pay for the last 20 years of war, but the budget for the next war still has to be met. In the face of impending financial doom, the answer seized upon has been to just raise the debt ceiling. This is an open admission that the currency has failed and is only useful as a public relations tool. People who live in the real world just know that their resources can’t pay for their present lifestyle.  If someone figures out how to live without food and shelter and get where they need to go without buying fuel, then we’ll be able to accept the official statements about the economy. Real life is not the board game that children play.