{"id":34591,"date":"2018-05-29T06:53:23","date_gmt":"2018-05-29T11:53:23","guid":{"rendered":"http:\/\/olduvai.ca\/?p=34591"},"modified":"2018-05-29T06:53:23","modified_gmt":"2018-05-29T11:53:23","slug":"global-financial-breakdown-continues-economic-growth-chokes-on-massive-debt-increases","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=34591","title":{"rendered":"GLOBAL FINANCIAL BREAKDOWN CONTINUES: Economic Growth Chokes On Massive Debt Increases"},"content":{"rendered":"<header class=\"entry-header clearfix\">\n<h3 class=\"entry-title\"><a href=\"https:\/\/srsroccoreport.com\/global-financial-breakdown-continues-economic-growth-chokes-on-massive-debt-increases\/\">GLOBAL FINANCIAL BREAKDOWN CONTINUES: Economic Growth Chokes On Massive Debt Increases<\/a><\/h3>\n<\/header>\n<div class=\"entry-content clearfix\">\n<p>The U.S. and global economies are choking on a massive amount of debt.\u00a0 While Wall Street and the Mainstream financial media continue to rationalize the skyrocketing debt as merely the cost of doing business, the disintegrating fundamentals point to an economic catastrophe in the making.<\/p>\n<p>Of course, a full-blown economic meltdown may not occur this year or even next, but as time goes by, the situation continues to deteriorate in an exponential fashion.\u00a0 So, the cheerleaders for higher stock, bond, and real estate prices will continue to get their\u00a0way until the economy is thrown into reverse as decades of increasing debt, leverage and margin finally destroy the engine for good.<\/p>\n<p>Yes, I say for good.\u00a0 What seems to be missing from the analysis is this little thing called energy.\u00a0<strong> The typical economist today looks at the global markets much the same way as a child who is waiting for the tooth fairy to exchange a tooth for a $20 bill.<\/strong>\u00a0 When I was a kid, it was $1 per tooth, but like with everything today, inflation is everywhere.<\/p>\n<p>Mainstream economists just look at market forces, percentages, and values on a piece of paper or computer.\u00a0 When economic activity begins to fall, they try to find the cause and remedy it with a solution.\u00a0 Most of the time, the solutions are found by printing more money, increasing debt, changing interest rates or tax percentages.\u00a0 And\u2026 that\u2019s about it.<\/p>\n<p>There is no mention of what to do with energy in the economist\u2019s playbook.\u00a0 For the typical economist, energy is always going to be there and if there are any future problems with supply, then, of course, the price will solve that issue.\u00a0 Due to the fundamental flaw of excluding energy in College economic courses; the entire profession is a complete farce.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>GLOBAL FINANCIAL BREAKDOWN CONTINUES: Economic Growth Chokes On Massive Debt Increases The U.S. and global economies are choking on a massive amount of debt.\u00a0 While Wall Street and the Mainstream financial media continue to rationalize the skyrocketing debt as merely the cost of doing business, the disintegrating fundamentals point to an economic catastrophe in the [&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":[195,240,20266,11137,12073,860],"class_list":["post-34591","post","type-post","status-publish","format-standard","hentry","category-economics","tag-debt","tag-economic-growth","tag-global-financial-breakdown","tag-mainstream-financial-media","tag-srsrocco-report","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34591","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=34591"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34591\/revisions"}],"predecessor-version":[{"id":34592,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34591\/revisions\/34592"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}