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Shaky Economies

By       Message Stephen Lendman     Permalink
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Shaky Economies


EU economies especially are troubled.

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by Stephen Lendman

Since 2009, an ocean of easy money saved American, EU, and Japanese economies from collapse.

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Never before historically did the world's largest central banks abandon reason and go "absolutely berserk," according to financial expert Martin Weiss . Earlier ones alone did it. 

Four is unprecedented and dangerously reckless. So far they're swimming above water together. Eventually they'll sink when "the money drug stops working." Diminishing returns eventually follow, then perhaps crashes when things spin out of control.

Economic growth already is faltering. Lower or declining growth despite larger money infusions shows trouble gets closer to erupting. As long as printing presses roll, day of reckoning's postponed, but that game only works for so long.

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Drug addicts need regular fixes, then bigger ones. They lead to overdoses and death. Economies are similar. What can't go on forever, won't. Trouble awaits excess down the road. The more extreme, the greater the bang. It's coming and will rock the world.

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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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