"Are you ready for this Once-in-a-Lifetime Crash?" Top Economist warns

[ramapo]

6. I've been waiting and waiting and waiting...

One of these days one of these predictions will be correct. I thought the foundation of economic well-being began to develop holes decades ago. It has been propped up by a distortion of credit and easy money which has led to a devaluation of our money, crippling inflation that has crept up on us, a hollowing out of the middle class, financial gimmicks, delusional cheerleading and basic ignorance.

It has gone on for too long, defying logic and the weight of an upside down economy where the money flows from the poor to the rich. What was advertised as trickle-down economics to benefit all has actually been a trickle-up to benefit the few. Propaganda has been very successful in not only maintaining but growing the rich elite at the expense of almost everyone else.

This might go on for months, years or longer ...until it can no longer.