Nov 25, 2014
Monty says that
is a fragile ecosystem built upon a weak foundation of debt,
corruption, and easy money that will be wiped out during the coming
financial storm of the century. NYC and the empire it represents
are like a 225 year old majestic oak tree in Central Park that
appears healthy and strong to the naked eye, but in reality it is
diseased and rotting within. It will only take a predictable storm
to bring it crashing down to earth.
Financial engineering, pandering to government unions, issuance of
debt, luxury retail, and conspicuous consumption, wrapped in a
surveillance police state is not a sustainable economic model. Only
the hubristic, arrogant, wealthy aristocrats believe they can
sustain such a freak show. They are delusional and blinded by pride
and belief in their own infallibility. They, along with the
millions of unsuspecting New Yorkers, should really be uneasy.
Their paradise of materialism will not survive the hurricane of
consequences headed their way.