excesses | It Is What It Is

~~November 19, 2015~

WAR CHILD

Little girl, trying to sleep in your bed
don’t listen to the sound of the bombs nearby
just close your eyes and try not to cry
and let your brother sing you a lullaby.
And don’t listen to the noise of the guns
as the bullets flash by your door, don’t cry
just think of the peace found in sleep
while your brother sings you a lullaby.
Little girl, as you sleep in your bed
when you dream, try not to dream of the day
when soldiers came with their guns
and took your father away.
And when you wake up to a new day
looking for the sun, through the dust and smoke
try to find some hope in that terrible place
as you and your brother strive to cope.
Little girl, war is the world of grown ups
and there is nothing you can do
even if you tell them of your fear and sorrow
no one will listen to you.
But when the war is over and done
and you no longer hear an exploding shell
maybe your young life will be a better place
more like Heaven and less like Hell.

© TIM KITCHEN

http://allpoetry.com/

~~GRAPHIC SOURCE~~

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~~October 14, 2015~~

GLOBAL DEBT RECKONING

The global debt reckoning – Total global debt at $230 trillion. Total world debt over 300 percent annual GDP.

There is no escape from a reckoning with debt markets.

DOES THIS EVEN MAKE SENSE?

Global central banks from the Fed to the ECB to the Bank of Japan are now fully engaged in a digital printing end game. It isn’t so much the startling debt figures that are presented but the GDP that is actually backing up this insurmountable level of debt.

The latest data shows that total world debt is running above 313 percent of annual GDP. To put this into perspective the US meltdown occurred when household debt reached about 120 percent total debt to annual GDP.

The only way to keep payments current is with a low rate environment. There is no choice. So central banks will do everything they can to print this debt into oblivion. In many ways this is a reason that we have seen a rush into assets from commodities, real estate, art, Bitcoins, and anything that isn’t just a bunch of 1s and 0s on a central bank computer easily changed by the whims of politicians and those connected to them.

“As it appears in …. full read/full credit”

The global debt reckoning – Total global debt at $230 trillion. Total world debt over 300 percent annual GDP. There is no escape from a reckoning with debt markets.

~~GRAPHIC SOURCE~~

https://www.facebook.com/ThisPageWillBlowYourMind?fref=photo

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We ALL are ONE!!