I read his blog every other day or so - doesn't post frequently but when he does, it is always interesting. From yesterday:
Let Me Tell You a Crazy Theory
I've been thinking about this for a while, and while I'm not sure I believe it, I think it's in the realm of possibility. I thought I'd run it by you.
Let's start with the Federal Reserve. While I think they're so bound by their models for Keynesian stimulus programs that their blinders won't let them see any other answers, I don't think they're idiots. They just don't have words for what they're seeing because it's impossible in their models. Therefore they have to know that for some reason, their creation of $4 Trillion dollars hasn't really stimulated the economy. At this point, it has to be dawning on some of them that creating debt to get out of debt isn't a winning strategy. They have to know on some level that all their lies about the economy being healthy and inflation being nearly zero are just that: lies. They have to know they're building a house of cards, now taller than the Empire State building, that's going to come down in the slightest breeze.
If untrained lay people like me (and about a zillion others) can see the economies of the west are heading for collapse, they have to be able to see it, too. So imagine that Yellen or someone from the Fed tells the POTUS that they just can't hold back the flood too much longer, and the dike is going to collapse.
What if the Democratic Party leaders got together in one of their covens and said, "look, the economy is going to collapse within the next four years. Let's get the worst candidate the world has ever seen. The Republicans will win, the collapse will happen, and everyone will blame them. If they use our argument about everything being Bush's fault and blame it on us, we can get the media to show how stupid that is. No Republican will ever be elected so much as dog catcher ever again."..."But who can we get that's so bad anyone can beat them"... "Get Shit For Brains Clinton". I think the leaked DNC memos showed conclusively that the Hildebeest was selected, and it didn't matter what the voters did, with the super delegates and all (as well as the DNC memos getting Seth Rich murdered).
More at the site - makes a lot of sense...
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