Meanwhile, the Federal Reserve, portrayed in this picture as the twigs holding up the boulder(credit derivatives market), is doing everything it can to forestall a calamity. The problem with the Federal Reserve system is that they have abandoned a sound fiat money policy in favor of a protectionist policy. What I mean by "protectionist" is that the Feds are following a policy that will protect the wealth of as many individuals on Wall Street as it can, which has come to mean siphoning any lost wealth from the American taxpayer.
Take this for an example - A corporate magnate loses billions as various credit markets collapse, so the Fed Reserve "bails" him and his company out by throwing money at them. That money is then siphoned off from the Treasury Department as an "Economic Stimulus". The Fed Reserve has now put the hook on the American taxpayer for nearly the entire derivatives market without any Constitutional authority...but then again the Fed Reserve exists in violation of the Constitution, but that is a different story.
The point is, the Federal Reserve can only do so much before their own financial solvency begins to buckle. At that point the American taxpayer begins to foot the bill, which will only succeed in breaking the twigs and having the boulder come crashing down.
Which brings us to the poor guy shoveling at the bottom of the pit for a meager wage, just wanting to live a comfortable life. When the Fed Reserve collapses, so will the Credit Derivatives Market and those that will ultimately pay the heaviest price will be regular Americans. They will be crushed by any overwhelming burden of debt. In fact, it will not only be Americans suffering, it will be the entire globe. Freedom could very well disappear in most of the world and America will not longer be able to assert any influence on world events. Gone will be the days of policing the world, gone will be the days of propping up puppet dictatorships, gone will be the days of global dominance. The aftermath will be chaos and it could very well lead to another global war. And we will be able to thank the bankers of the world for our misery. So make sure you go deposit that economic stimulus check into your savings account, because that is exactly what the bankers and politicians need you to do.
Welcome to the Future!
