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The steering wheel has come off in their hands.
At the zero bound Central Banks and their vaunted monetary policy is as much use as a chocolate teapot.
With the existing terminal systemic imbalance of wealth - where 90% are in debt to the other 10% who own all the unencumbered property - then Treasuries' fiscal policy is also as much use as a chocolate teapot.
Change is coming, and it's coming bottom up from the people really in power, who are linking up in what Brzezinski calls a global political awakening.
Just not politics as we know it. "The future is already here -- it's just not very evenly distributed" William Gibson
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