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News Link • Economy - Economics USA

Disinformation Fog Intensifies As Economic Turmoil Develops

• ZeroHedge.com
 
In the past few years, the concept of economic globalism has revealed itself as quite the Trojan horse; once posing as the next step in the evolution of “free market” capitalism and the savior of third world nations striving for development status, now revealed as a fiscal plague spreading delirium and destruction wherever it touches ground. There is no denying that the economies of the world are irrevocably tied to one another, but until recently, this was always thought of as a “good thing” in mainstream financial circles. Today, the great failings of engineered interdependency are painfully apparent. The EU’s many peripheral nations are dropping one after another like flies in a fog of DDT, rising economies in Asia are bloated with investment capital escaping from debt default in the West, causing impressive levels of inflation, and the U.S. is on the verge of a currency implosion as the Federal Reserve opens the floodgates of fiat in a bid to hide our system’s extreme destabilization and maintain what little international faith is left in our ability to service our rampant liabilities. Globalism has led us to disaster… Of course, this disaster is not quite so obvious if you only follow the MSM’s version of events, or the pithy, watered down observations of mainstream economists, central bank officials, and puppet politicians. In fact, it’s difficult for the average person only mildly versed in economics to understand just what is going on! The closer we get to the edge of the ravine, the deeper the deception becomes. Most Americans feel the danger intuitively, and see the warning signs in their local communities, but clear, concise information in the midst of this ‘Gordian Knot’ of lies is difficult to come by.

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