Nihilism Embodied: Our Lawless Financial System

The comments below are an edited and abridged synopsis of an article by Zeus Yiamouyiannis

We have a lawless financial system. For citizens and investors this means that the fundamentals will not apply. Anything that maintains or augments elite wealth and increases elite options will be supported, and anything that consumes or converts common people’s wealth and labour, and restricts their choices, will be pursued.

Nihilism Embodied: Our Lawless Financial System - BullionBuzz - Nick's Top Six
Law, Finance, Savings, Rescue, Reparations – Compensation

Anything that reinforces accountability, rational response, or cause and effect will be actively suppressed. Forget reversion to the mean. One only has to observe where the respective value/wealth of each party resides and where it gets channeled to know what the market will do and where policy will go. When the stock market should crash, it won’t… until some time frame far longer than even the most generous fundamentals would dictate.

Analyses that try to predict near-term market moves based on Laffer curves, Elliot Waves and historical cycles will almost definitely fail. We don’t have a new era, but we definitely have unprecedented coordinated global intervention dedicated almost solely to the fortunes of the top 1%. That rule will govern until there is a serious breakdown.

The author discusses how this latest round of escalating fraud will play out.

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