Monday, April 26, 2010

SOVEREIGN INSOLVENCY


DO YOU SEE THINGS AS THEY ARE OR AS YOU WOULD LIKE THEM TO BE?

“By a continuous process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million can diagnose.” - John Maynard Keynes, 1920

COMMON SENSE PRINCIPLES

You cannot spend your way out of a recession.

You cannot over regulate the economy and expect it to function.

You cannot over tax the population and businesses and expect these to keep producing.

You cannot create an abundance of money out of thin air without making all paper money worthless.

You cannot live beyond your means indefinitely.

You cannot solve the unemployment problem by hiring the out of work people and/or send them unemployment checks without limit.

You cannot buy without first producing something of value.

The collapse of the global economy based upon paper money that has no backing other than the idea that it is valuable is happening before our eyes, but we cannot see it. The economies of the world's largest states are zombies. Dead and hollow, but not yet transparent.

Using this fiat money to store value, as is the practice of nations and people all over the world is coming to a devastating halt as we rush toward an inflationary depression. Pensions, bonds, insurance annuities are all paper promises which are no better than the integrity of the ones who made the promises.

Governments, central Banks , hedge Funds and mega international banks are pouring gasoline on a burning fire causing the ultimate failure to accelerate.

We are heading into a tragic time when our collective eyes will be opened and be able to see the enormity of the fraud which is being and has been perpetrated by governments and banking systems manipulation of money they never had. This is a high speed stall, from which recovery is impossible.


With Love and Kindness,


THE HATMAN

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