When the bailout bubble bursts it will sink good ship Lollipop and could lead to war

You might think that Gerald Celente read my last blog on where I outlined events likely to happen in the next decade. But, more likely just great minds think alike :mrgreen:

The article I quote in part below is short and to the point. The bottom line is that world trends forecaster Gerald Celente thinks that after the bailout bubble bursts the only trick the wizard behind the curtain will have left to keep good ship Lollipop afloat is some pretext to take the nation to war.

That is logical because after it is known that trillions of dollars of taxpayer dollars were wasted trying to stuff dollars in the holes of the rotten ship there will be no more support for bailouts from taxpayers when they cannot even bail themselves out of debt. There simply is no way floating bubbles full of dollars at this financial sinking ship is going to stop the ship from going down. Every bubble they blow to plug the rotten ship will burst and creates a even larger hole.

After this bailout bubble bursts the taxpayers are not going to be willing to print more dollars to keep plugging rotten holes with dollars that soon would become more valuable as green toilet paper. Not to even mention the U.S. treasury bond bubble that will burst right after the bailout bubble. It can only lead to national bankruptcy unless….there is a huge war.

Only in time of war can governments massively increase taxes during a depression without creating more unemployment and a revolution. Usually when tyrants and socialists get their nation in this position they find some convent scapegoat and create a enemy that has to be defeated at all costs by everyone in their nation. If they can convince enough people in the nation of the external threat then people willing or unwilling are forced to take on huge tax burdens and endure sacrifices to save the nation from the threat. We have many examples of this in the past and also in the world today. A prime example today are those living in North Korea.

So it is not illogical to think that the U.S. and other Western nations will see some necessity for a war to keep their progressive new world order agenda on track. I would not say they are actually conspiring to do this like some think, or even planing to do this, because these idealists actually think their often disproved economic theories will work this time (proving their insanity).

The war will probably come about because of real world conflicts but when the economic policies fail and the bubble bursts, government could be all too willing to find a reason to go to a national war footing to increase taxes on everyone and make everyone a slave of the state. There are obviously conflicts readily available in the world to bring this war about anytime they want.

The domestic social unrest in the resulting depression after the bailout bubble bursts might make certain people want to create a war time economy to deflect from their failures and not waste such a good crises.

Yonkers Tribune : Gerald Celente Trends Alert – The “Bailout Bubble” – The Bubble to End All Bubbles

Washington is inflating the biggest bubble ever: the ‘Bailout Bubble.’ “This is much bigger than the Dot-com and Real Estate bubbles which hit speculators, investors and financiers the hardest. However destructive the effects of these busts on employment, savings and productivity, the Free Market Capitalist framework was left intact. But when the ‘Bailout Bubble’ explodes, the system goes with it.”

trillions of dollars are being injected into the stricken economy.

Phantom dollars, printed out of thin air, backed by nothing … and producing next to nothing … defines the “Bailout Bubble.” Just as with the other bubbles, so too will this one burst. But unlike Dot-com and Real Estate, when the “Bailout Bubble” pops, neither the President nor the Federal Reserve will have the fiscal fixes or monetary policies available to inflate another.

With no more massive economic bubbles left to blow up, they’ll set their sights on bigger targets. “Given the pattern of governments to parlay egregious failures into mega-failures, the classic trend they follow, when all else fails, is to take their nation to war,” observed Celente.

“At this time we are not forecasting a war. However, the trends in play are ominous,” Celente concluded. “While we cannot pinpoint precisely when the ‘Bailout Bubble’ will burst, we are certain it will. When it does, it should be understood that a major war could follow.”

Full article

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