Executive Summary

• Beware the coming reduction in global central bank money printing
• The full-blown ecological emergency
• Uncovering the hidden downside risks to the markets
• Steps to take now

If you have not yet read Part 1: Are You Infuriated Yet?available free to all readers, please click here to read it first.

One of the reasons I thoroughly detest the ever-rising stock and bond “markets” is because of their powerful ability to convince people that everything is all right. After all, if any of the things we write about here on a daily basis were actually important and risky or dangerous, the stock market would reflect that, wouldn’t it?

The short answer is “No.”

The longer answer is “No. Nope. Not gonna happen. (until it's too late)”

If you meditate on this one chart, it shows that world equities and bonds are being driven by one thing, and one thing only – central bank money printing (a.k.a. “balance sheet expansion.”).

(Source)

That’s all that these prices truly reflect: money printing.

If all of human life ended tonight, but the power stayed on, the computers trading with each other would continue to drive the prices higher and higher as long as the central bank computers continued to dump freshly printed money into the “markets.”

If a major ecological catastrophe unfolded that was going to severely impact life going forward, today’s asset “markets” would not reflect any of that in their pricing as long as the thin-air money program continued.

Unfortunately, that’s exactly what has been unfolding, which we’ve been talking about for a while.

The Case of The Too-Clean Windshields

My training is as a scientist in the life sciences. I took a lot of biology and ecology courses, and spent a lot of time outside in my day.

So I have a more urgent view of the decline in insect populations than many. Some people read about declining insects and respond “well, I really don’t like mosquitoes.” Hey, nobody really does, but we’re talking about ALL insects being on the decline.