Something does not add up. There is strengthening consensus that the US is in or near recession.
Yet, after the recent rally, the S&P 500 is only 12.5 percent off its October peak. Once you strip out the rodeo-riding financial stocks, the index is down less than 10 per cent. That is not even an official 'correction,' let alone a bear market.
There appears to be a view among analysts that a recession, if it occurs, will be so shallow that it will hardly affect corporate earnings. Thomson Financial calculates that earnings from non-financial companies are expected to rise by a healthy 10.8 per cent this year. Financial earnings, battered by write downs in recent months, are expected to soar by one-fifth.
Insight: US Recession Will Not Hinder Emerging Market Stocks
Bull Markets and Real Economy Recession?
This is exactly the long term plan of the global elites for the United States and perhaps later western Europe: to create a very clear cut neo-feudal 'slave' economy (and genetic caste system - 'they' want a planet of militarized, heartless, brainless and souless pornstars and supermodels hatching out endless genetically modified praetorian goons to fight their future genocidal wars) through 'neo-liberal' free market economics - a class and caste 'Noah's Ark' , if you will; a security complex life boat for the ruling elite, as the third class passengers of this current USS Titanic slowly sink to the very frigid bottom.
The current manifestation of this exploitive death system has worked very effectively in the 'Third World' for decades, and the colonialist nature of the 'feudal slave' subsistence virus is quite obviously now spreading beyond the borders of the previously targeted peoples of the 'Third World' in very dramatic fashion.
Certain components of what has been occurring during this current 'crisis' also appear to be a global economic warfare version of the Third Reich's Tiergartenstrasse (T4 - Schwarzenegger's new action film currently in 'production' and one of Doc Mengele's favorite medical experiments) program: the targets being people of color in Africa and the Caribbean, for example, who have been the recent victims of exorbitant food prices, the people of the Middle East through war and Occupation, the disabled in the United States and senior citizens in the United States and the EU (even Germany) - in other words, a very slow program of global genocide for those deemed to be 'useless eaters' by the elitist corporate fascist psychopaths.
See Henry Kissinger's 200-page study, "National Security Study Memorandum 200: Implications of Worldwide Population Growth for U.S. Security and Overseas Interests." (1974) and 2 of 3 Former CIA Directors Oppose Too Many Restrictions of Covert Acts (1978).
The bill, introduced by most committee members in February after nearly three years of investigations and staff studies, would punish plots and attempts to assassinate foreign officials with life imprisonment and would prohibit a number of highly controversial activities. The ban would extend to covert operations such as those likely to result in “torture,” the “creation of epidemics or diseases,” and “creation of food or water shortages or floods.”
Food shortages, war, eugenics, occupation and outright genocide are just a few of the 'tools' in 'Doc Mengele's' 'hygienic' bag of black medicine.