Welcome to the Wormhole
Posted on: 2012-06-04 06:48:50
We live in interesting times. Do not buy shares or bonds or savings certificates but instead rope and ammunition, because very soon you are going to need them. Use what time is left to you to learn who your friends are and who are your enemies, then make peace within yourself by accepting the necessity of what must come to pass — as it has come to pass so many times before in the long history of our species.--Unknown
By James Howard Kunstler
Now we get to the really fun part of the global unwind where even money flowing into supposedly safe havens turns, presto change-o, into an evaporation of wealth, and all of the lawyer-lobbyists who ever double-parked on K Street in the sorry history of this frantic era will not avail to contain the demons of their own design.
The world is waiting to re-learn an old lesson: that untruth and reality exist in an adversarial relationship. Sad to say, there isn't enough legal infrastructure in the world, nor enough time, to pass judgment on all the lies and misrepresentations that burden the current edition of what passes for civilization.
This goes especially for money matters, where currencies, certificates, and contracts actually have to represent what they purport to stand for. When those relationships fail, as they have been doing for some years now, everything falls apart.