{"id":5696,"date":"2015-02-14T08:10:51","date_gmt":"2015-02-14T13:10:51","guid":{"rendered":"http:\/\/olduvai.ca\/?p=5696"},"modified":"2015-02-14T08:10:51","modified_gmt":"2015-02-14T13:10:51","slug":"we-live-in-an-era-of-dangerous-imbalances","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=5696","title":{"rendered":"We Live In An Era Of Dangerous Imbalances"},"content":{"rendered":"<h3 class=\"title\"><a href=\"http:\/\/www.peakprosperity.com\/blog\/91800\/we-live-era-dangerous-imbalances\" target=\"_blank\">We Live In An Era Of Dangerous Imbalances<\/a><\/h3>\n<div class=\"article-lede\">\n<div class=\"field field-type-text field-field-lede\">\n<div class=\"field-items\">\n<div class=\"field-item odd\"><strong>And history shows they correct painfully<\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The intervention by the world&#8217;s central banks has resulted in today&#8217;s bizarro\u00a0financial markets, where &#8220;bad news is good&#8221; because it may lead to more (sorry,\u00a0<em>moar<\/em>) thin-air stimulus to goose assets prices even higher.<\/p>\n<p>The result is a world addicted to debt and the phony stimulus now essential to sustaining it. In the process, a tremendous wealth gap has been created, one still expanding at an exponential rate.<\/p>\n<p>History is very clear what happens with dangerous imbalances like this. They correct painfully. Through class warfare. Through currency crises. Through wealth destruction.<\/p>\n<p>Is that really the path we want? Because we&#8217;re for sure headed for it.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8230;click on the above link to view the video&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We Live In An Era Of Dangerous Imbalances And history shows they correct painfully The intervention by the world&#8217;s central banks has resulted in today&#8217;s bizarro\u00a0financial markets, where &#8220;bad news is good&#8221; because it may lead to more (sorry,\u00a0moar) thin-air stimulus to goose assets prices even higher. The result is a world addicted to debt [&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":[1726,124,1465,1976,195,1849,2500,1234],"class_list":["post-5696","post","type-post","status-publish","format-standard","hentry","category-economics","tag-asset-prices","tag-central-banks","tag-class-warfare","tag-currency-crisis","tag-debt","tag-financial-markets","tag-history","tag-stimulus"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5696","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=5696"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5696\/revisions"}],"predecessor-version":[{"id":5697,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5696\/revisions\/5697"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}