You said:
“I wish I could make some sense of this “Wantagate” story. I’ve tried to read the reports several times but they get into so much legalese that my eyes glaze over. Do you think there is anything to this? It sounds too incredible for belief to me…”
Yeah, I know what you mean, and can sympathize, my eyes glaze at times too. I don’t have the attention span to read every letter either. The Wanta story is huge in scope. I’ve been unable to ignore it though.
In terms of whether there is anything to this story, I lean towards thinking that there is indeed something to it, even though much of it is impossible for me to verify. I’ve been following it closely for about a year and a half, and the financial market events that have unfolded in parallel have seemed to correlate with this thread and Chris Stories predictions. He did in fact make an excellent call that this collapse was imminent, just a couple of weeks before the implosions started. So that tells me he might be onto something.
I like to follow this thread because the Wanta plan is completely independant of most of the other published analysis and rationales from other sites and sources. Sinclair has his formula, Murphy has his worldview, and others too… and they all seem to map to some extent to what is unfolding. Much as I like a simple clear story, with a nice ending, I do believe what is unfolding is anything else but. Rather, what is happening is almost the essence of complexity itself. The global financial web of structured financing is, in my opinion, more complex and infathomable that any single person can comprehend. We have created a monster, and I don’t think any single nation or consortium of central banks can fully control it.
So far, the best thing that Bernanke has come up, along with the Euro Central banks… is to inject even more liquidity into a system that has already gone unstable … due to excess of liquidity. So they stand up and say “Don’t worry, we can fix it… we will do what we need to do!”… but aside from them printing more money, injecting more liquidity easing rules for their favourite CB friends… they can’t do that much.
The beast now controls them, no matter what they would have you believe… they are cornered rats looking into the eyes of a monster of their own creation, throwing bits of hamburger meat in a feeble attempt at avoidance of becoming its next dinner. In my humble opinion.
Ok… enough of my rambling, but I think you can tell where I am with this.
Best wishes to you
-Scarab