The New Age of Economic Totalitarianism & the London Meeting to End Currency

I have been warning that the governments of the West are in severe trouble. We face the worst economic crisis perhaps in modern history with the distinct risk of moving into a state of Economic Totalitarianism. The governments are well aware of the Economic Confidence Model (ECM). Many people have asked the question why have they not killed me since it appears that most others central to events covered in the movie, the FORECASTER, are dead. I believe the answer is rather simple, for even when I was released and appeared on Capitol Hill, I was introduced as this is the guy with the model they are trying to suppress.

Government is not a single entity. The forces I stood up against were restricted to the corruption in New York City. The New Yorker Magazine was able to get in to interview me only by going to Washington. And when I was thrown in the hole, it was a letter from Congress asking who ordered that treatment resulted in my instant release. And as for my release from contempt, that only took place when the Supreme Court ordered the government to respond to my petition for then the Solicitor General is the only one who can argue before the Supreme Court, not the corrupt prosecutors from New York City. So it is never just a single entity we call government. There are always internal forces that fight over the crumbs of power like pigeons on the ground under the tables at a sidewalk cafe.

I have advised many governments in my life so there are those on the economic side of power who are well aware of what I stand for, not merely the prosecutors who salivate over the opportunity to take down someone famous to further their personal careers. I was perhaps the first and only analyst or Forecaster to be invited by the Bank of China to fly to Beijing during the Asian Currency Crisis back in 1997. I may even be the only analyst who has ever had such experience on a truly global scale. I have been just about everywhere and at times it has appeared that if there was a crisis, somehow I seemed to be dragged in by some government somewhere. There is scarcely a major nation who is not aware of the ECM. Continue reading

The ECB Will Fail Given The “History Lessons Of US And Japan”, Warns Deutsche Bank

 First, a broad strokes preview of what the world’s most confused Central bank will do this week:

[The ECB] is trapped down a dark alley and they will bite. For all the pros and cons of public QE as well as the hows and whens, at the end of the day the market has pushed the ECB into that corner. Within the context of the practical limitations of QE, we have no doubt that Draghi once again will leave a warm fuzzy feeling that they are prepared to do all that it takes. Of course, like OMT, it probably doesn’t mean they are buying BTPs come February 1st, but that doesn’t matter for BTPs. It also doesn’t matter for the Euro zone outlook given the dubitancy of QE efficacy.

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