From the main page of The Economic Fractalist:
\nWelcome to the small alcove for the advancement of cause and effect saturation macroeconomics….. This site has been constructed because of the expected inevitability of a major sudden phase transition to occur at the conclusion of a grand 140 plus-year second fractal cycle starting in 1858. For the masses this phase transition will occur both very unexpectedly and very suddenly.<\/p>\n
theeconomicfractalist
\nSeptember 7, 2014 at 1:27 am<\/p>\n
March 2009 was a major nadir event for global equity asset val\u00adu\u00ada\u00adtions. For the US It was a 152 year non\u00adlin\u00adear event.<\/p>\n
http:\/\/www.economicfractalist.com\/<\/p>\n
There\u00adafter, the world Cen\u00adtral Banks have demon\u00adstrated that bad debt could be mon\u00ade\u00adtized and mon\u00ade\u00adtized very eas\u00adily with CB net\u00adworked com\u00adput\u00aders\u2019 one\u2019s and zero\u2019s under\u00adwrit\u00ading over\u00adval\u00adued assets and sup\u00adport\u00ading loans to credit unwor\u00adthy con\u00adsumers owing too expen\u00adsive of mort\u00adgages rel\u00ada\u00adtive to their income and refi\u00adnanc\u00ading at lower and lower trend\u00ading inter\u00adest rates which were nat\u00adu\u00adrally occur\u00adring because of lack of demand.<\/p>\n
Going for\u00adward enti\u00adtle\u00adment debt, sov\u00ader\u00adeign pen\u00adsion debt, i.e., in the US Social Secu\u00adrity oblig\u00ada\u00adtions to 60 mil\u00adlion baby boomers, sov\u00ader\u00adeign bond debt, defense spend\u00ading, et. al., can be and will be mon\u00ade\u00adtized going for\u00adward \u2014 because there is no other sociopo\u00adlit\u00adi\u00adcal option.<\/p>\n
2009 marked the begin\u00adning the US hegemony\u2019s third equity frac\u00adtal. The next 120 years for the US will be high\u00adlighted by a trend\u00ading and one\u2019s and zero\u2019s debt driven(with debt also an asset)inflationary asset val\u00adu\u00ada\u00adtion expan\u00adsion \u2014 so much eas\u00adier and more effi\u00adcient than adding base met\u00adals to the ear\u00adlier pure sil\u00adver coins of the sim\u00adi\u00adlar evo\u00adlu\u00adtion\u00adary econ\u00adomy of ancient Rome.
\n– See more at: http:\/\/www.debtdeflation.com\/blogs\/2014\/08\/27\/time-for-a-copernican-revolution-in-economics\/#sthash.Ges4Wuro.dpuf<\/p>\n","protected":false},"excerpt":{"rendered":"
From the main page of The Economic Fractalist: Welcome to the small alcove for the advancement of cause and effect saturation macroeconomics….. This site has been constructed because of the expected inevitability of a major sudden phase transition to occur at the conclusion of a grand 140 plus-year second fractal cycle starting in 1858. For … Continue reading 6 March 2009 Was the Terminal Day of the 1858 US Hegemonic 152 Year Second Fractal: The US 120 Year Third Fractal: Global Central Bank Monetization of Sovereign Debt and Citizen Pension Obligations Pension<\/span>