When Does This Travesty Of A Mockery Of A Sham Finally Implode?

How many more times do we have to watch Jay Powell claim his speculative bubble isn't a bubble, and that his massive expansion of billionaires' fortunes will magically create jobs for all those living in the real world he's created of stagnation, social depression, and inequality?

In other words, when will this travesty of a mockery of a sham finally implode? When will the Universe tire of the lies, fraud, embezzlement, and corruption and bring the whole rotten charade down? When will we tire of the stale tale of reflation, told by an idiot, full of sound and fury, signifying nothing?

We all know the Status Quo's response to the global financial meltdown of 2008 has been a travesty of a mockery of a sham--smoke and mirrors, phony facades of "recovery", simulacrum "reforms," serial bubble-blowing and politically expedient can-kicking, all based on borrowing and printing trillions of dollars, yen, euros and yuan, quatloos, etc. and funneling them to financiers, corporations, monopolies, cronies and billionaires.

When will the travesty of a mockery of a sham finally come to an end? How many more "saves" does the Ponzi Scheme of central banking possess? Wall Street and its vast army of apologists, lackeys, toadies, schemers, scammers, con-artists, and profiteers will have us believe that the Everything Bubble is permanent and its continued expansion will hide all the systemic rot hollowing out America.

On the other hand, maybe manipulation, lies, and artifice can no longer keep the Everything Bubble from popping. The chart I prepared back in 2008 (below) give us a flavor of the confluence of crises that are no longer in the future--they're here now.

Cycles are not laws of Nature, of course; they are only records of previous periods of growth/excess/depletion/collapse, not predictions per se. Nonetheless, their repetition reflects the systemic dynamic of growth, crisis, and collapse, and so the study of cycles is instructive even though we stipulate they are not predictive.

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Disclosures: None.

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