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The Fed’s QE Failure – Is War Now “Inevitable”?


In a moment of surprising clarity, Deutsche Bank’s Jim Reid pointed out what is largely taboo in the financial industry – the truth.

“Looking back, real GDP growth in the US through the latter half of the 2000s and the 2010s has been at the lowest levels since the cyclically scarred decades of the Great Depression and the First World War.”

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/08-2/Avg%20growth%20GDP_0.jpg

What is amusing, is the constant state of shock of supposedly serious people who are stunned that despite the Fed being constantly in the markets, and buying up trillions in securities, the US economy has not responded in a favorable manner.

Of course, nobody has pointed out that if all it took to generate growth out of thin air without consequences was for the Fed to print, i.e., monetize debt, this would have started 100 years ago in 1913, and by now the US economy would be so advanced it would be colonizing Uranus.

Logic, however, is not a Keynesian economist’s best friend.

That said, the reasons surrounding the lack of US growth are secondary for the time being.

A bigger question is what happens from here, now that even respected banks, and even ivory tower economists have admitted that QE has been a complete failure for the broader economy, and the common American, benefiting only the uber-wealthy.

Which leads us to a different topic. Syria.

“Inevitable”

Which also means preconceived from the start.

So despite a recent sense of detente in Syria, pay close attention: never since the cold war has the world been so close to the edge of a full-blown global military conflict.

Whether or not the Syria “trigger” has been produced as the catalyst that will spark growth, or is merely a precursor to such an event is still unclear.

However with every passing day, the US economy lags ever more behind its “trendline” and the common man gets left ever further behind the superclass of financial asset oligarchs, a state which the president opined recently was unacceptable.

The question is whether millions of war casualties for the sake of yet another economic “golden age” aren’t.

http://www.zerohedge.com/news/2013-09-12/war-now-inevitable

NAPOLITANO: OBAMA WILL BOMB SYRIA

http://www.wnd.com/2013/09/napolitano-obama-will-bomb-syria/

Continuity of Agenda: Syria Catastrophe Engineered Under Bush, Executed Verbatim Under Obama

http://www.blacklistednews.com/Continuity_of_Agenda:_Syria_Catastrophe_Engineered_Under_Bush,_Executed_Verbatim_Under_Obama/28825/0/38/38/Y/M.html

Venture Capitalist Claims US Troops Have Received Orders to Deploy to Syria

Dan Bubalo says he was told of deployment by source close to Ft. Hood

http://counterpsyops.com/2013/09/13/venture-capitalist-claims-us-troops-have-received-orders-to-deploy-to-syria/

CIA Begins Delivering Weapons to al-Qaeda in Syria

http://counterpsyops.com/2013/09/12/cia-begins-delivering-weapons-to-al-qaeda-in-syria/

Retail sales fall short in August, temper Fed speculation

http://www.cnbc.com/id/101032245

DB

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