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New Martenson Report Ready – It’s Hit the Fan

user profile picture Chris Martenson May 17, 2009
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A new Martenson Report is ready for enrolled members.  In this report, we stroll through the recent data and I make the case that there’s no need to wait for any clearer signs that “things have changed” than the ones we already have.  If you are waiting for TSHTF (explained in the article) then you can stop waiting.

Link to It Has Hit The Fan

A snippet:

In times like these, I take a few steps back and try to look at the whole picture. The details are numerous; they are often contradictory and confusing. For clarity’s sake, it can be helpful to keep the macro view in focus, instead of the details. Here are the big-picture items that I keep firmly in mind each day:

  • This is a crisis of too much debt, not too little spending.
  • This is a global crisis. Clues for directionality are best found by viewing the entire world situation. That data still points downwards.
  • The energy situation is getting worse, not better, due to a lack of critical and focused investment and the passage of wasted time.
  • It’s not possible for an insolvent nation to borrow money from an insolvent financial system to bail out insolvent financial, real estate, and insurance companies.