... Eric King: “The desperate actions we are seeing on the part of governments and central planners right now, what does that tell you about how close we are to the end game?”
Dr. Roberts: “The whole point is if the bond market collapses, interest rates explode. When interest rates explode, stocks collapse. That has always been the tradition. So I think they (the Fed and central planners) are facing a wipeout, and they are doing what they can to prolong this.
That is where they are, they are running out of time and means. I think they feel they are close to the end game. They are trying to stave it off. Look, if you can pass the sinking ship to the next watch, if Bernanke can get out of there before it happens, that’s what they will do.
And we don’t know what the Fed is telling the Congress. They may be telling them it’s better to get rid of social security in order to save the budget. ...