Friday, December 7, 2018

"Economic Market Snapshot, 12/7/18"

A Comment: I wish I could offer reassuring words about the future; I can't, the facts are what they are, and forces and events that will very definitely affect all our lives directly are now in play and accelerating. Remember the old adage about one final snowflake starting the avalanche? Well, it appears to have fallen, and the consequences globally and domestically will not be favorable, to be kind. Don't believe me, look around! All we can do is try to understand what's happening, make sense of it somehow, which is nearly impossible since there are just endless sources of grief exploding literally everywhere. Understand and prepare as best we can, that's all. There's no changing things now. What we will get, sadly, are some very brutal consequences, with no way out, and no way to escape. Articles have been posted here for years explaining  the hows and whys and whats of it all. Do a Search. Finally, and at last, give up any nonsense about "Oh, that could never happen here!" It only seems like it's not affecting you directly because the situation is so enormously complex, the process takes time to filter down to personal consequences, and, like the 3 blind men, we can only grasp a tiny portion of the whole. When your employer suddenly goes bankrupt and closes operations after defaulting on margin calls you'll understand. Until then, stay aware and as well informed as possible, folks, and brace for impact.  - CP
"Three Blind Men and an Elephant"

"One day, three blind men happened to meet each other and gossiped a long time about many things. Suddenly one of them recalled, "I heard that an elephant is a queer animal. Too bad we're blind and can't see it." "Ah, yes, truly too bad we don't have the good fortune to see the strange animal," another one sighed. The third one, quite annoyed, joined in and said, "See? Forget it! Just to feel it would be great." "Well, that's true. If only there were some way of touching the elephant, we'd be able to know," they all agreed.

It so happened that a merchant with a herd of elephants was passing, and overheard their conversation. "You fellows, do you really want to feel an elephant? Then follow me; I will show you," he said. The three men were surprised and happy. Taking one another's hand, they quickly formed a line and followed while the merchant led the way. Each one began to contemplate how he would feel the animal, and tried to figure how he would form an image.

After reaching their destination, the merchant asked them to sit on the ground to wait. In a few minutes he led the first blind man to feel the elephant. With outstretched hand, he touched first the left foreleg and then the right. After that he felt the two legs from the top to the bottom, and with a beaming face, turned to say, "So, the queer animal is just like that." Then he slowly returned to the group.

Thereupon the second blind man was led to the rear of the elephant. He touched the tail which wagged a few times, and he exclaimed with satisfaction, "Ha! Truly a queer animal! Truly odd! I know now. I know." He hurriedly stepped aside.

The third blind man's turn came, and he touched the elephant's trunk which moved back and forth turning and twisting and he thought, "That's it! I've learned."

The three blind men thanked the merchant and went their way. Each one was secretly excited over the experience and had a lot to say, yet all walked rapidly without saying a word. "Let's sit down and have a discussion about this queer animal," the second blind man said, breaking the silence.

"A very good idea. Very good." the other two agreed for they also had this in mind. Without waiting for anyone to be properly seated, the second one blurted out, "This queer animal is like our straw fans swinging back and forth to give us a breeze. However, it's not so big or well made. The main portion is rather wispy."

"No, no!" the first blind man shouted in disagreement. "This queer animal resembles two big trees without any branches."

"You're both wrong." the third man replied. "This queer animal is similar to a snake; it's long and round, and very strong."

How they argued! Each one insisted that he alone was correct. Of course, there was no conclusion for not one had thoroughly examined the whole elephant. How can anyone describe the whole until he has learned the total of the parts?"

Moral of the story? The Powers That Be want nothing more than for the people to remain ignorant of their financial scam. Your understanding of it is the greatest threat possible to them. Don't remain blind, see the whole picture..."

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