When the Big Bank crime syndicate (and our puppet governments) announced all of their near-zero interest rates, and "quantitative easing" (i.e. monetizing debt) back at the beginning of 2009, all the central bankers and all the puppet-politicians smugly assured us that "they would NEVER COPY JAPAN." Then, immediately, they continued to copy Japan -- except to a greater (and even more-fraudulent) degree.
This obvious lie/betrayal has been pointed out in a number of my own previous commentaries. Yet, strangely, it is something which is rarely noted by any other Alternative Media commentators.
The Girl Who Cried ‘Exit Strategy’
For readers with functional memories; they will recall that at the end of 2008, B.S. Bernanke (aka The Boy Who Cried ‘Exit Strategy’) promised to “normalize interest rates”, immediately, in early 2009. This was his supposed Exit Strategy from the most-extreme, monetary insanity ever contemplated. This promise was echoed by the equally trustworthy mouthpieces of the other central banks of the Western bloc.
After that, every few months, the Boy would “promise” he was going to raise the U.S. interest rate (from 0% all the way to 0.25%). And all the mainstream media talking-heads would echo that promise, treating it as the Gospel, and (strangely) never remembering any of the previous, broken promises.
The original promise to “normalize” interest rates had vanished completely. Strangely, none of the legion of mainstream talking-heads ever noticed that, either. But even after this bait-and-switch, all of the Boy’s subsequent promises were just as empty as the first.
Flash ahead to early 2014: 5+ years of the Boy “promising” to raise the U.S. interest rate from (a criminal) 0%, to (a merely insane) 0.25%; 5+ years of duplicating Japan’s failed economic policy, while the Boy also promised us he would “never copy Japan.” And, of course, we had 5+ years of the mainstream talking-heads treating every promise as if it had been carved in stone, from Heaven above...
Now, in 2016, after 7 years of "copying Japan" (except to a greater extreme) we have one of the tentacles of the Big Bank crime syndicate stating the obvious: since the moment these corrupt regimes and their central bank puppet masters began "rescuing us" from the Crash of '08, all that they have been (really) doing is duplicating Japan's recipe for turning a strong/healthy economy into a crippled, bankrupt, train-wreck.
Of course we don't get that level of honesty in this propaganda from CNBC. According to the mainstream media (and HSBC) it's "the world" that is copying Japan. Wrong.
Outside of Japan, these near-zero (and negative) interest rates are a purely Western monetary crime. "Quantitative easing" (i.e. conjuring worthless currency out of thin air) is a purely Western monetary crime. The Rest of the World has not been copying Japan. They have tried to maintain normal interest rates, and legitimate monetary policies.
Their economies have not been "stagnated" by fraudulent monetary policies, but rather via the economic terrorism of the Big Bank crime syndicate. Primarily, this economic terrorism has come in the form of the serial manipulation of all the world's currencies -- a crime for which this crime syndicate was recently convicted, but (of course) not punished.
The World of Currency Manipulation
U.S. ‘Justice’ Department Proclaims Big Banks Have A License To Steal
Then we get more obfuscation from the propaganda machine:
The global economy appears to be trapped in Japan-style stagnation, HSBC's high-profile senior economic adviser said on Tuesday, adding his voice to the chorus of economist warnings.
Stephen King said economic activity around the world was slowly deflating, with undershoots in both growth and inflation. ..
Yes, if you dig a great big hole in the ground, and then jump into that hole, you will be "trapped". But feigning that this is some sort of unforeseen accident is pure Revisionism. If you "copy Japan", year after year after year, you will produce the same outcome.
The definition of insanity is doing the same thing over and over again, but expecting different results. - Albert Einstein
Unless we are to conclude that all of our puppet politicians and all of our central bankers are insane, then the only conclusion that is open to us is that they are a collection of cynical Liars. For the past 7+ years; they have known exactly what they were doing (to us), and now they feign "surprise" at the result.
Yes, the West is copying Japan. Yes, by copying Japan -- after lying to us for SEVEN YEARS -- these traitorous regimes have completed the destruction of the most-prosperous economies the world had ever seen. And stay tuned, these financial criminals still have plenty more in store for us, starting with their Next Crash...
The Next Crash in 2016
The Fed Rate-Hike: the Torpedo is Launched
World copying Japan’s slow-puncture economy: HSBC
The global economy appears to be trapped in Japan-style stagnation, HSBC's high-profile senior economic adviser said on Tuesday, adding his voice to the chorus of economist warnings.
Stephen King said economic activity around the world was slowly deflating, with undershoots in both growth and inflation...




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