SAVINGS INSIGHT

Everyone including the Politicians and Central Bankers (who actually are politicians as I see it) know the only sustainable way out of the current financial mess is to save more and consume less.

However, in diametric opposition to this sound approach, the powers that be have encouraged consumption which is so short term thinking and by artificially lowering the interest rates for consumption and investment they have taken away the only real carrot for saving.

So in conclusion the so called all knowing leaders of the world have actually compounded this problem into something far worse. Of course the average Joe sucker and the not so average Joe who is actually quite sophisticated has fallen for the scheme in their HOPE that they can continue living the wonderful life they have grown accustomed to.

There is only one way for this problem to be solved and it isn't pretty and it won't be this softly softly BS, because human nature is at the root cause, and until such time as society is forced to take its medicine the pollution in the system cannot be flushed out.

I don't WANT this to happen as the pain and suffering will be terrible and my heart breaks for all the people who will truly feel this down swing; but anyone who thinks that we have suffered through this GFC is dreaming, that was nothing more than a bad day dream, the nightmare of all nightmares is almost upon us, the USD collapse is a not so subtle way of saying this cannot carry on much longer.