EVERY DAY WE BREAK NEW RECORDS
By Mauro Marturano
$103.4 trillion. I find it very hard to believe that many of you can even write this number down. Let alone understand it. Let alone understand its implications.
Of the four largest economies in the world, two are already zombies or are getting ready to become zombies very soon. Maybe tomorrow or the day after tomorrow (when it comes to Europe, the nuclear event will determine when, not whether).
Of the four largest economies in the world, $1 trillion was added to the $103.4 trillion total in August alone. In other words, in a single month, 1% of the total was added — that is, 1% of the cumulative money supply created throughout modern history. Entirely predictable because, as I have always told you, we are in the vertical phase of an exponential function — the steepest part.
The vertical phase could last for years because, among the four largest economies, one economy — and the future of the people living in it — is already doomed (Japan), while the second is ready for the great suicide (Europe), at the hands of the “traitor” Zelenskyy.
There is nothing traitorous about him. Because calling him a traitor would mean assuming that, even for a single minute, he ever intended to honestly serve his people and those who are financing this robbery at gunpoint.
When I say that the vertical phase could last for years, I mean that we should expect a strong American economy for the next few years. Because the “death” of Europe is fuel for America, and above all for its elites. It is, in every respect, a cannibalization — one to which our European bandits have said yes and have done everything possible to make it happen.
The $1 trillion injected in the last month keeps pushing us closer and closer to the scenario described in the wonderful piece Destination: Desert Island, especially because, at the same time, refineries and energy facilities — the true beating heart of a functioning global economy — are being destroyed, or we are being told that they are being destroyed (which amounts to exactly the same thing).