LOVE ME SOME CORBETT. What a fantastic and educational article!

Let me just add that the USA has been doing the exact same thing, except our PTB/banksters here have been doing a slightly better job of keeping the info from the people. The U.S. equity market is also greatly propped up by our Fed and its multiplicity of front companies. The situation isn't quite as bad as in the bond/debt instrument markets where the Fed is the major buyer of our own debt since about 2009, but it's getting close.

In short, both stocks and bonds (along with real estate) are major bubbles dwarfed only by the even-more-secretive derivatives bubble.

When it all bursts, only hard assets (with FOOD as KING) will really benefit. All 401Ks invested in anything but hard assets (non-real estate, that is) will be wiped out.