Please have a look at the Peter Schiff article appended in full at the bottom of this letter about The Roman Empire analogy. We have an analogy between the bond market, the stock market, the war market and the dynamite as shown above. It is difficult to imagine the consequences
Where are we being corralled to? Government definitely has an agenda which does not suit the vast majority of the population and importantly, who is directing it? It is not only the US it is a common push that we are seeing in many countries.
© With permission granted by Ben Garrison, reproduction and republication is expressly prohibited. Visit Ben Garrison’s website by clicking on this link It is a blessing being alive right now, to witness the world’s transition. Is it a pleasure to watch this happen? I think not. Is it difficult watching the
The global banking picture looks worse and worse. I believe that one way to save the depositors is to quasi nationalize the tier one big banks, with the government effectively doing this recently by backstopping (SVB) or forcing a sale (Credit Suisse) and wiping out the equity and debt holders, an option probably not afforded to the smaller tier two, three etc. banks as they are not systemically important enough. If these banks fold, it will be you and me that will sink with them.
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