The Next Phase of the Economic Collapse Has Begun, Be Prepared: I’m Short the Market, Here Is Why

Since I know there are a few regular readers on this site that have been here from the beginning, before moving on to this years work on mathematics, I wanted to put out a summary piece on the economy.

I believe we are about to witness the next phase of the so-called economic ‘crisis’ kick in, so here is my perspective. Below, in point form and using my big brush, here is where I come from and what I see.

I. Introduction

When I first began this project economics was one of the main themes. In 2007 I started compiling data and sharing my perspective of what I saw: a calamity, the coming economic collapse.

From what I understand and what I have been told, those of you that took some of what I wrote to heart were able to protect yourselves and your loved ones from the 2008 economic meltdown. Thank you for your comments and emails, it put a huge smile on my face knowing that what I put my heart and soul into was put to good use.

For those who know not what I am referring to, you will find some of the more in-depth pieces that I wrote about the economy on the Table of Contents from the previous site. Some of the highlights being:

• Collapsing the Economy in the Buildup to World War III: 11 of the Most Important Economic Events of the Last 11 Years
• The environmental revolution will surpass that of our technological evolution: One of our best solutions is to end prohibition
• The dot-com crash did not kill technology: Evolving through exponential growth
• Resignation of David M. Walker, the most important economic indicator of things to come: The Fall of Rome
• Analysis of Our Socioeconomic Metamorphosis
• An economic hurricane is about to wipe out the United States and collapse the global economy: What the future holds

Some of the information from those pages is out of date, some of it was off the mark, most of it was bang on, and some of the events have yet to unfold. The general premise, however, was consistent and is unchanged. The crisis that manifested itself in 2008 has not ended, far from it.

In 2014, the bubbles are larger, the corruption systemic, the veil has mostly been lifted, and the pretence is over. It should be obvious even to the most obtuse that crony capitalism governs every aspect of our society.

As Chris Hedges has pointed out, the system that best describes the ideology of our governments is inverted totalitarianism. It is a system in which economics trumps politics: where short-term corporate profits supersede human rights, environmental protection, and the law. It is a system that creates sacrifice zones, spreading misery across the globe.

The stimulus that was and continues to be pumped into the markets is a stopgap measure only meant to buy time for those invested in the system to prepare for the inevitable. With interest rates on the rise and the beginning of ‘tapering’, the game has played out (for more on this, see below, “Interest Rates and the Nortel Effect”).

I believe that we are about to enter the next phase of our economic transformation: our growth depended, scarcity based, bubble economy is about to burst, again, so be prepared. Some of the more recent articles regarding our current predicament can be found in the Table of Contents on the left-hand column of this site under ‘economics’. Highlights include:

• Why Stocks Have Risen: Stimulus, Stimulus, and Indefinite-Stimulus, i.e., Transfer of Wealth from Main Street to Wall Street
• Recolonization of Africa, a Symptom of Our Addiction to Growth: Differential Accumulation, Why GDP Growth Rates Influence Foreign Policy
• The 2005 Bankruptcy Bill: Knowing a Financial Crisis Was Imminent, Banks Lobbied Government to Pass Laws to Preserve Their Wealth
• The Surveillance State Killed BlackBerry, and the Same Fate Awaits Other Tech Giants (Update 4)
• Government Shutdown and Appointment of Janet Yellen Guarantees Flow of Funds to Wall Street: They are reducing “two-thirds of this country to subsistence level”, Chris Hedges

I will expand on what is being presented here in the future, however, since my main focus for the next few months will be mathematics, I wanted to make sure that I made it clear where I stand regarding the economy. I don’t have a specific timeline on when or how fast these bubbles will be popping, or slowly deflating, but since the downturn may begin before I have a chance to share further information, I thought it was important to clarify my position.

II. Disclaimer

Please note that this is not financial advice, it is simply my perspective and analysis on what I believe to be happening with our civilization, do with it as you please. For me, I’m 100% short the market, Puts to be exact. I will not expand on this further, just thought I’d share.

III. Five Economic Principles

Five of the main principles that I adhere to are presented below: first, our scarcity based economic system, which is depended on constant growth, has a limit; second, for corporations to maintain this facade of constant growth they require to consolidate their power through mergers and acquisitions; third, disruptive innovation is the driving force of the collapse and rise of industry; fourth, at some point all debt must be reset; and fifth, the military–industrial complex long ago hijacked the U.S. government, thriving with the expansion of war (more on our war based economy below at, “The Business of War”). The following five videos expand on these five principles, respectively.

more @ http://chycho.blogspot.ca/2014/03/the-next-phase-of-economic-collapse-has.html#BusinessWarEconomySummary: