«A smattering of today's mainstream pundits is beginning to understand that what economically plagues us today is something quite different from the standard inflationary-recessionary cycles that have prevailed since World War II. But the great majority of talking heads and financial columnists remain clueless -- dutifully accepting the establishment line that depicts the nature of recessions from past models. The error in this view is that all recessions since World War II have been the result of Fed credit tightening and naturally were quick to respond to credit loosening. But this time around our malaise is not caused by Fed engineered high interest rates. It is far deeper and more systemic. It stems from the great Keynesian theoretical flaw that will always manifest in the long run: central bank credit expansion leads to "debt saturation" and "malinvestment," which reverses the boom that the credit expansion was meant to perpetuate, but does not do so until the latter stages of the Kondratieff cycle.»
O artigo segue com a explicação daqueles que são na opinião do autor os 4 Cavaleiros do Apocalipse.
«The Four New Horsemen of the Apocalypse are: 1) Keynesian monetary policy, 2) Demopublican political control, 3) the Pax Americana mindset, and 4) the Kondratieff Cycle.
To understand more clearly the dangers involved, let's examine each of them».
Vale a pena ler, concorde-se ou não com a conclusão final:
«Cataclysm is headed our way. I speak not religiously here, but historically, politically, economically. This is not an "end times" scenario. We will endure as a nation, but in what form -- slave or free? If freedom is to survive the cataclysmic times ahead, it will be because there are still those who can see the big picture, still those who understand that natural law rules all men, still those who possess the contrarian will to fight with word and deed -- not for what is popular, but for what is TRUE. The first requisite of all such contrarian fighters is to take dead aim at the four horsemen riding down upon our society today. Spread the word of their danger. Time is short.»
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