Boston Bombings Come After Omen For “Crash Two”

Gold has seen its biggest falls for thirty years.  The last big drop came just before Lehman and the current everlasting financial crisis.  Shares are taking big hits too.  Assets of all kinds have been pumped up by QE and other measures for a long time and the world economy has not recovered in more than 5 years.  A full description of what has been going on is difficult because issued figures confuse and are intended to do so.  The situation in economics is similar to that in police statistics, governed by gaming and performance management targets.  Ask yourself if selling insurance to someone you know can never pay off for the individual sold and whether you think this is fraud.  I certainly do.  Record each instance and loads of other financial crime and we’d see crime figures rising.    This type of thinking escapes inclusion in police recorded and BCS systems.

We lack real figures across what goes on in our societies.  Whenever we sneak a few undercover reporters and cameras into situations we are told are rock solid we find an unholy mess.  One could do a statistical analysis based on such investigations.  I suspect the correlation between smiling politicians and regulators singing from hymn sheets and unholy mess realities would be very high.  The big step statistically would be demonstrating the likelihood of unholy mess realities across the board.  One could do something similar in the financial system with a small number of full-blown investigations on a random sample.  The same is true for victims in anti-social and other criminal situations.  This work does not get done.

One can only feel sorrow for those killed and injured in Boston.  Rumours are already out in US press that a Saudi national is in custody.  One hopes the perpetrators are caught and upcoming events in the UK are not targeted.  We may be back in some dire crash in the next few weeks (charts predict this – but then the always do), but what should be striking is that we really don’t seem to be able to free ourselves from very peculiar politics (including terrorism on all sides) and an economics so difficult to follow most give up.

Boston is hopefully not related to a group seeing an opportunity to make its point in coordination with sophisticated market analysis.  I just wonder why, with all our technology, we live in a dangerous world worrying about our jobs and now, following Cyprus on whether any money we have would be better mattressed rather than banked (the Germans are proposing a ‘wealth tax’).

Most of the terrorists we catch have done us much less harm than international banksterism (fancy being a Cypriot for the next couple of years?) – which excuses none of the idiots, zealots and associated wide-boys.  Five years on, none of us in the UK know just what debts our banks are holding, why we went into Iraq (other than that Bliar’s account is false) and yet still think we live in a democracy.  My guess is we won’t feel that if Britain becomes a victim in ‘crash two’.  Key in that will be whether our banks actually own anything real, whether they really are our banks and whether the financial merry-go-round is a zero sum game with losers balanced by winners.  I suspect the latter is really a Ponzi and any tickets held worth as much as betting slips with a bookie last seen speeding from the track.

Many of our banksters should clearly be in jail and would be if our cops we allowed to investigate no-holds-barred and put the cases to juries unhampered by our legal establishment.  That we’re seeing civil fines suggests government collusion to keep the real issues under wraps.  In turn this suggests things are worse than we think and the powers that be cling to a belief ‘we’ can still be winners if crash two is handled properly.  There’s strong evidence to suggest French and German banks we able to delay ‘Cyprus’ for two years in order to get their money out.  It’s all scary and could come in the next three weeks if the gold price crash before Lehman and the current one are linked.  This gold price crash is worse, at least in ‘paper gold’.