{"id":1999,"date":"2014-11-24T14:26:04","date_gmt":"2014-11-24T19:26:04","guid":{"rendered":"http:\/\/olduvai.ca\/?p=1999"},"modified":"2014-11-24T14:26:04","modified_gmt":"2014-11-24T19:26:04","slug":"buy-the-all-time-high-kunstler","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=1999","title":{"rendered":"Buy the All Time High | KUNSTLER"},"content":{"rendered":"<p><a href=\"http:\/\/kunstler.com\/clusterfuck-nation\/buy-the-all-time-high\/\">Buy the All Time High | KUNSTLER<\/a>.<\/p>\n<p style=\"outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 17px; vertical-align: top; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; background-position: initial initial; background-repeat: initial initial; padding: 0px; margin: 0px 0px 1.2em 0px; border: 0px initial initial;\"><span class=\"dropcap\" style=\"outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 3em; vertical-align: top; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-weight: bold; float: left; position: relative; line-height: 0.7em; background-position: initial initial; background-repeat: initial initial; padding: 0px; margin: 11px 5px 0px 0px; border: 0px initial initial;\"><span style=\"outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 50px; vertical-align: top; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; padding: 0px; margin: 0px; border: 0px initial initial;\">W<\/span><\/span><span style=\"outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 17px; vertical-align: top; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; padding: 0px; margin: 0px; border: 0px initial initial;\">all Street is only one of several financial roach motels in what has become a giant slum of a global economy. Notional \u201cmoney\u201d scuttles in for safety and nourishment, but may never get out alive. Tom Friedman of\u00a0<\/span><em style=\"outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 17px; vertical-align: top; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; background-position: initial initial; background-repeat: initial initial; padding: 0px; margin: 0px; border: 0px initial initial;\">The New York Times<\/em><span style=\"outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 17px; vertical-align: top; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; padding: 0px; margin: 0px; border: 0px initial initial;\">\u00a0really put one over on the soft-headed American public when he declared in a string of books that the global economy was a permanent installation in the human condition. What we\u2019re seeing \u201cout there\u201d these days is the basic operating system of that economy trying to shake itself to pieces.<\/span><\/p>\n<p style=\"outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 17px; vertical-align: top; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; background-position: initial initial; background-repeat: initial initial; padding: 0px; margin: 0px 0px 1.2em 0px; border: 0px initial initial;\"><span style=\"outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 17px; vertical-align: top; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; padding: 0px; margin: 0px; border: 0px initial initial;\">The reason it has to try so hard is that the various players in the global economy game have constructed an armature of falsehood to hold it in place \u2014 for instance the pipeline of central bank \u201cliquidity\u201d creation that pretends to be capital propping up markets. It would be most accurate to call it fake wealth. It is not liquid at all but rather gaseous, and that is why it tends to blow \u201cbubbles\u201d in the places to which it flows. When the bubbles pop, the gas will tend to escape quickly and dramatically, and the ground will be littered with the pathetic broken balloons of so many hopes and dreams.<\/span><\/p>\n<p style=\"outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 17px; vertical-align: top; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; background-position: initial initial; background-repeat: initial initial; padding: 0px; margin: 0px 0px 1.2em 0px; border: 0px initial initial;\">&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buy the All Time High | KUNSTLER. Wall Street is only one of several financial roach motels in what has become a giant slum of a global economy. Notional \u201cmoney\u201d scuttles in for safety and nourishment, but may never get out alive. Tom Friedman of\u00a0The New York Times\u00a0really put one over on the soft-headed American [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[109,366,449,487,860],"class_list":["post-1999","post","type-post","status-publish","format-standard","hentry","category-economics","tag-capital","tag-global-economy","tag-james-howard-kunstler","tag-liquidity","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1999"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1999\/revisions"}],"predecessor-version":[{"id":2000,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1999\/revisions\/2000"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}