People are upset. They know something is wrong. But they don't know what. The real explanation is too complicated. They won't sit still for it. So, they look for scapegoats - the rich...the banks...the Chinese.

Harness the Power of Accelerated Failure - the faster you fail, the faster you succeed.

You can forget about recovery. There is no recovery - and there's not going to be any recovery. Recovery is an impossibility.

Remember, government is not an enlightened organization designed to promote public welfare. It is barbaric, uncivilized force…military and police power put to the service of the insiders who control it. Yes, there are constraints on the way the insiders use their power. There are ‘checks and balances,’ built into the constitution, for example. And there are cultural norms and traditional prohibitions. But eventually, the norms and traditions wear off, like painkillers. And then, the pain of raw government begins again.

None of the problems that caused the crises in Europe and America have been resolved. They have been delayed and expanded by more debt and more money printing and will lead to more and worse crises.

The US is headed for ruin and revolution. The revolution will almost certainly be put down, violently. But the ruin cannot be stopped.

People do not get what they want or what they expect from the markets; they get what they deserve.