Pastor Lindsey Williams Blog

Banks The Next Shoe to Drop

noreply@blogger.com (Politico Cafe) — Fri, 23 Apr 2021 13:12:00 -0700

👉Bank Run Alert -- Banks The Next Shoe to Drop https://youtu.be/-5r5ti8X-7Y Mass unemployment. Mounting bankruptcies. And fears of negative interest rates. This is a nightmarish time for America's banks. The Banks are in trouble because people are defaulting on their loans. If people aren’t earning as much money as they were when they were working, especially small businesses, they’re not paying their loans. So the banks are not getting interest payments. They’re getting defaults. In fact, there was already trouble in the subprime markets before the pandemic. Both subprime credit card and auto loan defaults were rising. That will only increase with millions of people suddenly unemployed. The world’s banks are also under siege because Cryptocurrencies threaten to undermine banking altogether. Banks’ lending activities are attracting ever less interest thanks to central bank policies, and now negative rates are on the cards. The Bankers are staring into an abyss. The Problem is Main Street just doesn't know it is staring into the same abyss. Even when the economy is " overheating," banks are insolvent by design. The more insolvent they are, the more they fleece the sheep. It is all perfectly legal, of course. If your bank fails, it can put your financial well-being at risk. Now people are starting to realize that they have been funding compulsive gamblers with unsecured loans at perhaps twenty-five percent interest rate on their bank deposits (unsecured loans). When you realize that governments have made this all legal and that they have pushed through bail-in legislation to protect the "taxpayer" from bank insolvency, do you trust your government to do anything that is for your benefit? We are wearing masks, But the banks are robbing us. The financial sector is the key to the US economy. They shouldn’t be, but they are because we have a bubble economy. We have an economy based on credit, based on debt. So, not people spending the money they earned, but spending the money they didn’t earn, but they borrowed.” This becomes clear when you look at the consumer debt numbers. Americans were already leveraged up to their eyeballs before corona spurred a government lockdown of the economy. What is at the heart of the bubble, other than the Federal Reserve, which is pumping all the blood through the body of the economy, but it’s pumping it through the heart of the banking sector. So, when you see this cardiac arrest in the banking sector, this is a sign that there’s trouble brewing here when the banks are having so much trouble.” The collapse of fake assets was underway well before the pandemic became the imposed subject of 90% of all communication, and half the planet was put under house arrest. It directs the anger away from the elitist banksters to some nanoparticle, and the panic-stricken public will welcome the monetary "reset," which, of course, will screw them further. The Banks are the problem. When you have a credit bubble when the economy is built on a foundation of debt, and then something happens to shake that foundation, you have a big problem. Gold and Silver are money; everything else is credit and subject to manipulation. The Fed is doing everything it did during the last financial crisis except way bigger and way sooner. The Fed printed more money than the UK and Chinese GDPs put together in the last 50 days alone. There's deflation of products. There's inflation in food. There's more money floating around. There's no economy. There's no trade. Money is not real. The market is not real. The debt tsunami is rolling in. The derivatives pit is bottomless. No amount of bailouts by the public can fill a bottomless Black Hole. We bought them time with the initial bail-out of the FED, but that was all we gave them: a little time. The Central banks will continue to temporize with massive pumping, Guaranteeing that there be a catastrophic result. The bankers should have learned from 2008, but they didn't and proceeded to treat the Market like a casino. Well, now it's time for them to take their losses. The government should say no more and let the FED (a private banksters' cartel, after all) go bust. It'll take down a lot of zombi corporations as well as the bankster-gamblers, but that'll clear the air. The public bailed out the banks in 2008. They didn't learn the lesson. Let them go bust. And let them suffer this stinging lesson, not the public. Those derivatives from 2008 were never cleared but just swept under the rug in a shoddy clean-up attempt. But you probably realize that. And now there are more derivatives. This is a Financial and Banking crisis, only a way worse than the 2008/2009 crisis. A financial crisis, worse than 2008, conveniently blamed on the virus. How convenient was that? It's like a plane just flew into the world trade towers. And whether by nature or not, we know those towers come down in a hurry. That's the global economy now, about to turn into dust and molten steel. Thermite or not. This is actually the opening salvo to World War 3, whether the virus was natural, accidental, or intentional. The end result is a bitter fight for survival pitting man against man and nation against nation. Get yourselves ready to survive what's coming. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. Thank You. A financial crisis occurs when disorderly asset price moves to impact the real world, people with bills or mortgages or small businesses, for example. They will default unless the fed changes the rules. In the case of a shutdown, the shops (like exchanges) are closed, and because of social distancing, the throughput of available trade is reduced. You cannot do a better job if you only wanted to screw the GDP. This is a Financial crisis, and the Fed Bank is largely to blame, but they will also print to infinity if needed. So, no matter how bad it gets for the little people, the Fed will create many more trillions of dollars and push the markets higher and higher. The hoi polloi get welfare checks, and for many, it's more than they made working, so they buy new cars, houses, I-toys, etc. Uncle Sugar, through the Fed Bank pays for it all. The big corporations continue to buy back shares, and the top 10% get richer still. If they run out, the Fed prints more and more. The masses are content, and the cities don't burn. It has worked so far for 12 years. The question now is, how long could they keep kicking the can before the whole system, the whole financial system collapses. When the banks go under, and they close their doors when there are runs on the banks, and they don't have the cash because fractional reserve banking is a fraud, and your debit cards don't work, what are working people in this country going to do? We need to address that question first. The Fed needs to be phased out. We do not have fractional reserve banking anymore; now we have Fictional reserve banking after the FED changed the reserve requirement to ZERO on the 26th March 2020. It will be quite interesting to see how economic activity picks back up after things re-open. I think there may be some surprises. 1. Not all businesses are going to re-open. 2. Not all employees will be called back. 3. People are not going to flock to bars and restaurants because they will be broke; and no one wants to be around crowds in an enclosed area. 4. There is no demand pipelined for durable goods. It could be six months to a year before new car sales come off the peg. And if there is no demand, why keep auto workers on the job? 5. How much disposable income has become scared money! The states may re-open, but it may take years for consumers to backfill the financial hole this has caused. Fools don't realize that every business acts like cells that require a constant supply of oxygen to survive. An economy is a life form that is being killed by hypoxia. They cannot just switch it back on. It's becoming more and more evident to me that there isn't a pandemic coverup. It's that the pandemic is the coverup, the coverup for the collapse of our financial system. Shutdowns to cover up the financial implosion, to cover up the detonation of derivatives weapons of financial mass destruction, to cover up the extension of the globalist coup. Wheels within wheels. The FED or The Bank for International Settlements or whoever saw the waves coming said, let's make up this social distancing thing so we can shut down part of the economy and therefore mask the true symptoms of our collapse. Without some kind of disaster, the current amount of money printing would crash the markets, so we have been given fiction to hold our attention. Stop spending. Stop the bank runs. Impossible to buy precious metal. Then there's a nice fat bank holiday. And it was the virus that did it. Their art of deception tricks would even impress David Copperfield. They know if people understood that two bad recessions in a row were directly the result of banks' greed, they would have a fight on their hands to retain control. When they finally have us all turning on each other and controlled by law and technology to the point where it doesn't matter what we think or know as a society about these elites, it will be far too late. This is why Glass-Steagall was enacted after the last Depression. Banks not allowed a seat at the Wall Street poker table. Commodities are only bought if you were taking physical delivery. The people never learn. Wall Street learned a long time ago how to become rich by legal embezzlements from Main Street. But Congress, Senators, and Bill Clinton were wise enough to give us the Financial Modernization Act, which wiped out all of Glass-Steagall's protections to prevent another Depression or worse. If we had a SOUND, DEBT-FREE monetary system, NONE of this would be happening. You can't PRINT Gold and Silver. They are anchors. Under such an honest system, if you wanted to spend tons and tons of money on wars, infrastructure, or even hammock programs for illegal aliens, the only way to raise such funds would be through direct taxation of the citizenry. You'd have to lay hold of THEIR assets directly... NOT indirectly through insidious inflation. You would have the ultimate check and balance system against waste, fraud, and other criminal activity. With constant public audits, the people would KNOW every time a greasy hand was reaching into THEIR cookie jar. The corruption began when the average clueless idiot started being willing to accept paper promises (currency) in place of hard money (gold and silver coins). This is a planned controlled transition to feudalism. All independence and economic power have been surrendered to the central planner. The only way to do this was through a devastating financial crisis. The Fed is a part of a worldwide banking cartel that is already running the World. The Fed is just a tool of enslavement. So what is going on is an expansion of this enslavement both by moving debt on to the taxpayers and implementing harsher means of control over the population. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my backup channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Unemployment Claims Surge to Nearly 1 Million in First Week of 2021

noreply@blogger.com (Politico Cafe) — Fri, 15 Jan 2021 14:30:00 -0800

👉Unemployment Claims Surge to Nearly 1 Million in First Week of 2021 The initial weekly jobless claims increased by 181,000 to 965,000 in the week to Saturday, disappointing market expectations. Worst weekly jobs report since august. The number of Americans who applied for jobless benefits soared in early January to a five-month high of nearly 1 million as more workers lost their jobs due to business closures and restrictions to combat the winter resurgence of the pandemic. Initial jobless claims filed traditionally through the states leaped by 181,000 to a seasonally adjusted 965,000 in the seven days ended Jan. 9, the government said Thursday. It was the highest level since August. Actual unemployment is 26%. Time, complacency, and crowd control that is part of what is gained. The government has been massaging numbers for a few decades now in order to be able to make reports look better than they are. I remember when the government eliminated M1 money supply velocity in the 1980s. As regulatory capture has now turned a republic into a crony-capitalist system where the wealthy pull the levers, the FED eliminates indicators that disprove this phenomenon. It is all about creating hope through false data. It doesn’t make any difference in the facts. Any hope felt by the masses through media pushes the V-shaped recovery hypothesis. They will push it until it becomes become a slow drawn out U, or until they can figure how to manipulate the GDP more than they do presently. Anything it takes! The government will print money and give it to consumers, which has the salubrious effect of inflating the monetary base and stock prices. The US is in an economic meltdown, but the stock markets are at an all-time high. Millions are forced into the bread lines because of an autocratic shutdown causing widespread unemployment and small business closures, most of which will never reopen. And wait until the UI Benefits in the stimulus bill kick in. It will add another 5 million that have been dropped off by some states with shorter benefit weeks allowed. A direct correlation between economic shutdowns and unemployment. I mean, who could have seen that coming? Economic shutdowns in addition to High insurance rates, High corporate tax rate, high personal tax rate, high workers' compensation rates, high litigation cost states, burdensome regulatory environment, rabid public sector unions, forced union membership, closed shop states, high cost of living, traffic congestion, liberal statehouses. The data shows trends; the trends now show increasing harm to the US economy. Each increase in the number of unemployed is also an addition to the number of uninsured. Reportedly, a person who recovered from this virus got a bill for medical costs of $1.1 million. Who will pay such bills if many Americans do not have the funds to pay them because they are uninsured, unemployed, and often have continuing physical problems? Counties, states, and hospitals/medical centers will have to pay or bear those bills and costs. Admittedly, those bills include a profit margin. Indeed, insurers have had medical providers inflate their bills for many years to maximize gullible insureds’ co-pays, while the insurers get agreed-upon, huge deductions, so they can pay off the bills by paying a tiny fraction of their totals. Nevertheless, the fact remains that many hospitals are going bankrupt because they are incurring wages and other costs to treat the pandemic patients, while they also cannot perform their money-making plastic surgeries, etc. More will lay off staff or cease to exist. States and counties will have severe funding shortfalls since they must pay many of the bills of the uninsured. Unlike the Fed, they cannot just print money. With the destruction of more small businesses by renewed closures, maybe also in fall or winter again, vicious circles are starting to occur with increases in the numbers of unemployed and decreases in the numbers of small businesses. The opposite of the beneficial, multiplier effects that occur with the start of new businesses, who pay bakers, restaurants, rent, etc., and thereby those bakers have more wealth to spend. The passing of the next stimulus bill, soon to be announced, will approach 2.2 trillion dollars. Now the States will stay above water, and then we will entertain another bill for infrastructure soon! It will never stop from here on out until the currency is TOAST! But don't worry, the digital currency is on the way. This will cure everything, so they think. This is just the start; you ain't seen nothing yet. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. When you have a government that's promised state employee pensioners will make $100k plus a year for life while the rest of the non-state employees pay for it and saying 'I'm getting the hell out of here,' you might have a problem. When you destroy the currency by promising the moon, you destroy the country. Welcome to the Biden economy: More shutdowns, more unemployment, more food stamps, more relief checks, more bailouts, more masks, more riots, more suicides. It's the cycle. The cabal moves the market up and down as they need. The thing is rigged like hell. They always give away the plan. They reveal their plan so they can say they told you so. It’s easier to close an economy than to reopen it. Many businesses have closed, but many more will follow when the recovery is much slower than anticipated. And it’s not just restaurants, bars, and theaters that will be affected. There could also be large disruptions in travel, education, transportation, and real estate. It may be years before we adjust, and we may never get back to where we were. Being evicted, not having food or the money to buy it, being locked up...it's like a strangled hamster will go online and buy everything...at least that's the expectation. And yet, the market keeps rocketing higher. The bad news is good news. It's positive even if it's negative because we predicted even more negative. All that matters is the stock market – we are all witnessing a crime in progress. As translated from the data, the Stock increase does not bring more jobs; in fact, it increases joblessness. Therefore, a lower interest rate to bring up the value of the financial assets won't help the labor force employment rate. Most of the stimulus money is really just free money to Wall Street. Those impacted see very little help. Let's be fair, We the People, aren't getting trillions for doing nothing. Only something along the lines of 11% of that $2.3 trillion went out in unemployment, direct stimulus, or something relatable. Everything else was huge pork projects. Most of the bailout money goes to the politically connected class, not the average Joe Sixpack. The looting is without precedent. 40+ weeks of astronomical new jobless claims. Shutting down businesses will do that. Economist warns many jobs could be lost permanently. Unemployment higher, FED prints more money, money goes to the rich people and into the stock markets. And the market keeps on ripping. All of this money going into the markets is free money from the federal reserve. They print it, both openly but mostly in secret, and the investment bankers invest it into this trap called the stock markets. And soon, next year, I believe they will pull the lever on that trap door, and the bottom will come out from under all of the investors that were not part of the club and who were not forwarned. The market cheers excessive jobs loss numbers. It will continue to soar since all those former small business owners will take more and more of the available jobs. If they were running a successful small business, they are a far more valuable employee than any newly minted graduate of either high school or college. Biden can print all he wants - there is no - zero - nada - nothing - in terms of organic growth in the economy. 1) Print. 2) Buy imports. 3) Distribute. 4) Consume. Print more. Just fresh cutback, waiting to become kindling. Echoes of the German '30s. The lure of easy money is there, just like prior to 2008 and prior to 1929. And we keep taking the bate. But for those who are part of the club are told in advance the plug is about to be pulled, they will be the winners, and everyone else will be the losers. We are entering the Dark Period that was promised. Like all politicians, it was just explained as something else. Get ready for much more. I remember the days when a trillion was a ton of money. Now it's thrown around like it's chump change—toilet paper US dollar. Soon (within three years), we will have a $25 trillion economy, with a $50 trillion national debt. And 50% of unemployment. Universal Income all the way baby! They say getting $2000 stimulus checks out is their first order of business. If $2000 is good, why not $10,000? All they have to do is start a night shift at the printing press and maybe purchase some additional presses. Also, if they print $100 bills instead of the usual $20 bills, it would increase the pace of wealth creation by 500%. People could really use that money to pay down their debts, which would free them up to put more purchases on credit. I really wish they would bring back the $500 notes and $1000 notes taken out of circulation in 1969. It really is hard to buy things with cash of higher value, but perhaps that is the point? What I fear most about the global central banks creating digital currencies is the control over how we spend it, when we spend it, who gets negative rates, which gets positive rates, who gets more stimulus (winners), who gets less stimulus (losers), etc., etc., etc. And if you thought American life was complex today, you will be shocked how crazy and complex it will get if the government controls our spending and survival habits… When you merge Monetary and Fiscal forces with a government controlled digital currency, you create what I call a “Behavioral Economic Incentive System,” which is anything but a free society and free markets… Hoping I’m wrong. Yet, I do believe we will see more economic, society, government, healthcare, currency, and taxation changes in the next 3-5 years than we have seen in the last 30 years. It is going to be a wild ride…so pick and choose your time wisely as we all end up in the same hole in the end; the trick is to minimize the time spend in the rat race maze. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my backup channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends! The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

With Biden President : Buckle Up The Socialist Show is Just About to Start

noreply@blogger.com (Politico Cafe) — Wed, 6 Jan 2021 11:14:00 -0800

👉With Biden & Yellen Expect: Market Sell off, Soaring Deficit, Debt and A Greek-style Bankruptcy !! With Biden & Yellen Expect: Market Sell off, Soaring Deficit, Debt and Inflation and A Greek-style Bankruptcy. Never in the history of the world has there been a situation so bad that the government can't make it worse. A sad unintended cost of flattening the curve. Small businesses destroyed, economic collapse, mass unemployment, substance abuse, rights infringed. Throwing away our money and our future. Money printing causes the dollar to devalue. The demise of the dollar is one goal of the fed. Digital Dollars are even Worse. Inflation will be coming like a thief in the night to steal your saving. That money printed didn't just evaporate. It went somewhere, and that first entity to receive it put it somewhere that causes price inflation. Be it cryptocurrency or Tesla stock. Oil is not the only commodity going up. Corn, wheat, soybeans, coal. Almost all of them. As I said, inflation is coming along with Yellen and Biden. A ballooning deficit and a Market selloff. A 10% drop might be optimistic. And it will continue to decline like a dumpster fire. People's life savings after doing everything the right way will be destroyed. Crime will be off the charts, poverty will worsen, Middle Class will be out of business, The elites will shine, and China will be our boss. It could trigger a civil war! And full-blown communism, but yeah. There is that too. Once Biden starts implementing his policies, kiss your 401 K goodbye. Stocks are going to plummet to below 10,000! Expect another 2008 Obama recession. It will trigger the end of our GREAT NATION as we have known it. The 2020's deficit hit a record-shattering $3.1 trillion, over twice the previous record of $1.4 trillion in the midst of the Great Recession. It would be higher than any other time in recorded history outside of World War Two. The deficit for 2021 is already on track to reach $2.3 trillion, or 10.4 percent of GDP, higher than any year except 2020, according to estimates from the Committee for a Responsible Federal Budget, a budgetary watchdog group. At this rate, the government may have to nationalize some industries to make ends meet. The main driver of the climbing deficit has been the pandemic. The main driver was that we continued to burn fumes after the recession ended, rather than paying down our debts in the in-between period. The congress is spending like a drunk sailor. It is way past time to bring back fiscal discipline. It would be nice to return to a balanced budget and a smaller government, but neither party seems too interested in that. That would be a disaster. The economic consequences of this pandemic have been severely blunted because Congress approved stimulus money at a time when revenue is down. Without it, our economy would be in far worse shape than it is now. If their hands had been tied by needing to free up money elsewhere in the budget, they'd have needed to either make brutal cuts to entitlements and military or let us be hit by the full weight of a depression with no attempt at remedy. It's a Duopoly, Republican-Democrat, it's just big business neither wants small government or even efficient government. They have their turf, and they rake in the big bucks each and every year, employing thousands, It's going to be pretty hard to rock that boat. Plus, when you attack it, that's when the two parties work together. Both parties put bills together that are fraught with pork and perks for special interests. And have been doing so for decades. The big battle over stimulus payments fundamentally comes down on the government deciding to drive us towards the edge of a Greek-style bankruptcy, without considering that bad things can happen in the world (like recessions, pandemics, mega-hurricanes, etc... This time in history has all the makings for a major stock market correction. The market is just sitting out there, waiting to start correcting. Whoever the president is for the next four years is going to have to work against the currents of history. I only hope it's just a 10% selloff. History indicates that it might be a lot worse. The market typically doesn't like a big change. If the Democrats hold all three, expect sweeping changes. The market typically prefers a split. The stock market will crash big time! US Treasury yields (interest rates) are SOARING UPWARDS as the US federal government debt spirals even more out of control, and that is what will take down the prices of stocks more than anything else. That was TOTALLY OBVIOUS all along and will just continue to worsen until Congress moves to both cut federal spending and raise taxes very substantially to deal with the more than $3 trillion a year federal deficit. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. At this point, we are looking at being 48 trillion in debt by 2024, 78 trillion by 2028. Basically, we are screwed no matter what we do. Funny how neither party even tries to pay down debt anymore. I can't help but think this is not going to end well. What would the United States do if the Chinese Government under chairman XI Jinping asked for their billions of dollars that we owe to them for the t-bills and bonds? The Chinese Government bought billions of dollars of bonds and treasury notes, and if they call them and want their money back, then what would the United States government do if that happens. Maybe we give the money to the little people for once, maybe it works, good chance it doesn't; but it beats the heck out of borrowing money we the people are on the hook for, then giving it to the banks so they can loan us the money or the corporations so they can give us a job. Maybe we give ourselves healthcare, infrastructure spending, and a basic income. So when the sheet does hit the fan at least we have healthcare, bridges aint falling on us, and some money in the bank when the end finally comes. I understand inflation isn't on a tear yet because of the low velocity of money, but bitcoin sure seems to go on a tear every time the government sends out one of these stimulus checks. Most people would rather complain that their Starbucks coffee was $5 than a loaf of bread being $5. Inflation is a death by a thousand cuts because next thing you know, gas is $4 a gallon, milk is $6/ gallon, and people ask when it got so expensive. Meanwhile, people spend more money on prepared food than raw goods (required additional preparation). They tend to notice the double hamburger price increased from 1.39 to 1.59 before they know inflation already took hold. The government will give you $2000 stimulus checks when it won't buy anything. #1 rule of inflation, Give the money to the rich first, so they can invest it before buying power goes down. If the government gave each person, in the mail, one million dollars, we would have massive inflation. Velocity kicks it into high gear when people know that each week, prices of goods and services are going to increase. There has to be a panic to cause that type of increase in velocity. The hyperinflation in Germany was caused by massive money printing AND giving it to consumers. Now, in the U.S., the Fed prints money but doesn't give it to consumers. It gives it to investment bank primary dealers, who then channel it into the stock market and bond market. Oh, by the way, inflation for the past five years has been at 10%a year, according to the Chapman index. The end game for the national governments is to switch to completely digital currencies. I think they've allowed Bitcoin and the other such cryptocurrencies to exist to get others to work out the tech and design how to protect, transmit, etc., the currencies at zero expense to the governments. Eventually, they will adopt the tech and probably make the cryptocurrencies vanish. Then again, they may allow them to continue to exist. It makes it easier for them to move money secretly. This virus exposed how fragile our economy was,and is! We are a society of hyper consumers who don’t save enough! The question one should ask is whether we are better or worse off than we were in say February! We are clearly much worse off! Printing and borrowing money has consequences, and artificially supporting an economy will bite us in the long run! How quickly will consumers return in large numbers to restaurants, movie theaters, stadiums and other social arenas? Is that a serious question? Considering that governors have been shutting down and/or limiting occupancy of such businesses, combined with those that hold that such places are the worst places one can be if one is worried about catching the virus,it will probably take more than just a few weeks before those businesses recover if they recover at all. The coming administration will promptly destroy America over the next few years. They will fund program after program, raise tax after tax and pass regulation after regulation until they capsize this sinking ship called America with incredible debt. I'm at the point now that I know what they're going to do, so let's get it over with so the rebuilding of whatever is left and start. Biden has promised a whole lot of free stuff to all the groups he pandered to for votes --- so now he has to deliver --- free college for all, all free unlimited health care to all, open borders with instant asylum and quick citizenship, and free legal services to any number of millions of impoverished from third world countries who want in on all the free stuff. Bigger federal unemployment checks, more stimulus for all except the very rich, and no new taxes on the middle class, only the super-rich will pay for all his promises. There is no such thing as a free lunch. The super-rich will find ways not to pay. Take a look at states like California and New York. Those states raised taxes, and the rich people left. Because contrary to general belief, the rich are NOT going to be paying for nothing, and you can take that to the bank. Well now with Democrats in control of both the house and senate, and if Biden gets in the White House, The United States will become one giant Bolivarian Republic a la Venezuela. Next up, a mass amnesty of millions of new voters. A China type of tyrannical rule will be coming here. A Bolivarian Republic would mean taxes on just going into the market. Government total control is next. And there will be more trouble in what would become a new Venezuela. Unfortunately, the average person in the street has no clue how to prepare for this. Most people live from paycheck to paycheck, have no idea how to invest or navigate the stock market, and believe implicitly what the mainstream media tells them. People are dying alone because their family members are terrified of being stopped from caring for them. It's disgusting and frightening. All part of the plan by the World puppet masters! This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my backup channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Mass Eviction Apocalypse Looms as the Moratorium Ends December 31st

noreply@blogger.com (Politico Cafe) — Wed, 16 Dec 2020 15:22:00 -0800

👉Mass Eviction Apocalypse Looms as the Moratorium Ends Decembre 31st America is facing an eviction crisis, an eviction apocalypse. With the CARES Act set to expire, millions of people could face losing their homes. It will be the most severe housing crisis in its history. According to the latest analysis of weekly US Census data, as federal, state, and local protections and resources expire and in the absence of robust and swift intervention, an estimated 30–40 million people in America could be at risk of eviction next month. Many property owners, who lack the credit or financial ability to cover rental payment arrears, will struggle to pay their mortgages and property taxes and maintain properties. Currently, over 18 million Americans are behind on their mortgage or rent payments. Millions in America are facing an eviction crisis of historic proportions, according to housing experts. While the CDC has placed a moratorium on evictions, many are left behind by loopholes, and the unpaid rent keeps piling up. Nearly a third of Americans didn't pay their housing costs last month. Now local, state, and federal moratoria on evictions originally put in place during the pandemic are expiring. While landlords may be sympathetic to tenants' needs, communities face hardships when rent goes unpaid. A movement to cancel rent has been growing as the patchwork of solutions across the country leaves many renters falling through the cracks. Americans are facing an eviction crisis. 28 million evicted, disillusioned, angry people with their spouses and children. Desperate, betrayed by their government. They were working and making the payments until government took away their jobs with the lockdowns. That's a big mob with nothing to lose, ripe for agitation. The government won't allow that many people to be thrown out on the street, no way. Or will they? Who is going to rent the apartments that people get kicked out of? Who's going to buy the foreclosed homes? How are the courts going to be able to process 28 million eviction notices? The rabbit hole just keeps getting deeper and deeper. We are the richest country, and yet people are going hungry, homeless, and jobless!! They knew full well this would happen. They knew the immense humanitarian crisis they would cause with extended lockdown. And the homelessness crisis which is enormous in itself is just a tiny fraction of the harm done. They knew, and they did it anyways. They did it on purpose. They now have the opportunity to completely restructure the world in their image. First, they take your job and leave you out of work. Then they set it up, so you lose your home. Next, they will survey homes of those who have not been kicked out and allocate new homeless to those homes. The plans are already documented and ready to go. Get prepared for your new roommates! Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. Most small rental property owners won't be able to own the property with no rent coming in. This is the problem with a society structured on debt and people trying to borrow their way into wealth. It cannot withstand any interruption of cash flow and has no resilience. It may prove the fatal flaw in the American system of bank driven everything. The big elephant in the room is that most landlords are small business people. They're not getting rich, and most have their own mortgages to pay on the rental properties. What's going to happen is that, without some recognition of the dire straits that suspension of eviction presents, many of these landlords are going to default on their rental property mortgages. Then what happens? The same thing that happened in 2008-2010: Wall Streeters, hedge funds, and private equity will buy the foreclosed properties and then jack up the rents. We've seen this movie before. If they can’t pay rent, landlords can’t pay the bank. When that happens, the banks own the property and kick people out anyway. The time to own housing rental properties is over. When the landlord can be legally stiffed by the tenants, who pays the mortgage? If the mortgage goes into foreclosure, what becomes the status of the tenants? The landlord loses his investment. Nobody is talking about his loss. Bailed out banks are ready to buy your non-bailed out real estates on the cheap! The Landlord retains his property, that he no longer has rent income for, and has taxes to pay, as well as other loans. His property in this time of crisis,is probably going down in value;and could actually depreciate under cost paid for the building. The landlord, also has to find tenants for the building….. Well… not only is this impratical with all the businesses that are closing their doors, chances are the landlord may not see any new tenant for years, and / or, will have to end up with much less revenue per year. The real answer is to end this nightmare. The costs are now so great already, that we will never see a reopening. Unemployment will continue to remain high, and new businesses are unlikely to just appear out of nowhere. New business has even higher costs than those that were established. Many businesses also have the right to buy their own property. It is not like they were forced to rent!!. The choice to own or to rent is made by many every day. Renting was never designed to be the better choice, and everyone should retain some accountability for their own choices. The long term impacts on the rental market from this legislation would be devastating as well. Rent will skyrocket as momand pop and other smaller rental property owners get out of the game and sell their properties to avoid something like this in the future. Most small rental property owners won't be able to own the property with no rent coming in--real estate taxes aren't being forgiven, so in many states, that alone would force owners to sell to get out from under the liability. It's a tough situation all the way around. The government has helped the tenants for months, and yet nothing has been done for the landlords. The government should of never halted evictions, the hold up is what will eventually end up being mass evictions. Any extension will just make it worse in the long run. Same with extra money for unemployment, many not wanting to go back to work as they are better off on unemployment. If the government can't be fair they should stay out o such situations. The CARES Act handed trillions in funds or tax breaks to oil companies, the airline industry, which alone got $50 billion in stimulus money, the cruise ship industry, a $170 billion windfall for the real estate industry, private equity firms, lobbying groups, whose political action committees have given $191 million in campaign contributions to politicians in the last two decades, the meat industry and corporations that have moved offshore to avoid U.S. taxes. The act allowed the largest corporations to gobble up money that was supposed to go to keep small businesses solvent to pay workers. It gave 80 percent of tax breaks under the stimulus package to millionaires and allowed the wealthiest to get stimulus checks that average $1.7 million. The CARES Act also authorized $454 billion for the Treasury Department’s Exchange Stabilization Fund; a massive slush fund doled out by their cronies to corporations that, when leveraged 10 to 1, can be used to create a staggering $4.5 trillion in assets. The act authorized the Fed to give $1.5 trillion in loans to Wall Street, which no one expects will ever be paid back. American billionaires have gotten $434 billion richer since the pandemic. Jeff Bezos, the richest man in the world, whose corporation Amazon paid no federal taxes last year, alone added $34.6 billion to his personal wealth since the pandemic started. How long can you expect people to watch their children go hungry? How long can you expect people to watch their loved ones suffer and die because they can’t get medical care? How long can you expect people to be abused by lawless police and a court system designed to railroad the poor into jails and prisons? How long can you watch the rich profit from your misery? The government's job is to protect the rights and liberty of people rather than provide for them. Doing so creates a nation of lazy bugs, coupled with a lack of productivity. Given that Americans have largely become consumers and produce little (most of the goods are made in China), the American dream in on course to becoming an American nightmare before our eyes! Thanks to property tax and mortgage refi specialists, you never truly own the building you live in, which means you will pay and pay and pay and pay and,when you can't, you're out on your ash. There are plenty of evictions in every recession/depression. There were plenty of evictions 12 years ago (2008-2011 recession). It's always a crisis, but that's how economies work: you can't stay there for free. No job and rent too high, then you move to where there are jobs and lower rents. The housing market is going to repeat the same cycle it did over 12 years ago. Housing costs eat a lot of the middle-class paychecks. The Fed and all the bankers have created an impossible to thrive in the world. The cost of ownership is so expensive as to be crippling. Everyone's got their hands in your wallet and HOA fees are murderous. You don't really own the house; the government owns everything . Paying property taxes mean you don't even own the house. You're leasing it from the state. Housing is obviously very area-specific, and if you average in Tumbleweed Texas, with New York City, you're not going to have an accurate view of markets at all. If you focus on markets where the jobs are in growing cities (although the pandemic might actually impact this in a real way), housing prices versus average income or housing affordability are in a different world than it was in the '70s-'80s. It would take an average of something like ten years to pay off a house in that time frame with an average mid; I'llass income; I'll let you figure out who long that would take today on a "middle class: income. There's a reason there are so many 30 year mortgages today when virtually no one had them 30 years ago. Current projections indicate that America is facing an urgent and unprecedented eviction crisis. In an updated analysis of the US Census Bureau’s Pulse Survey, based on renter’s perceptions of their ability to pay, the Aspen Institute Financial Security Program and the pandemic Eviction Defense Project currently estimate that 29 million renters in 12.6 million households may be at risk of eviction by the end of 2020. Stout anticipates that up to 40 million people in more than 17 million households may be at risk of eviction through the end of the year when considering a portion of survey respondents who have a “moderate” degree of confidence in the ability to pay rent (in addition to those with slight or no confidence). Both projections rely on renter perceptions of their ability to pay measured by the Pulse Survey. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my backup channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Two Third of Americans are Broke and Living Paycheck to Paycheck !!

noreply@blogger.com (Politico Cafe) — Sun, 13 Dec 2020 13:51:00 -0800

👉Two Third of Americans are Broke and Living Paycheck to Paycheck !! Two Third of Americans are Broke and Living Paycheck to Paycheck Most Americans are broke and living paycheck to paycheck. Half American Small Businesses are now shut down permanently. Consumer debt levels are piling up. In America, the Land of the Free, Home of the Broke , Americans are finding it harder to pay the bills. 63% of Americans have been living paycheck to paycheck. The Middle class went broke to imagine the poor people. This week we learned that there wouldn’t be any more stimulus checks for the American people in a time when a substantial portion of the population is desperate for another round of checks because they are almost entirely out of cash. In fact, a very alarming survey that was just conducted found that one out of every five Americans could be soon out of money. Nearly one-quarter of U.S. consumers say they have less than three weeks of the financial runway before they run out of cash, according to a weekly survey on Americans’ finances by consumer finance company Credit Karma. 1 in every 5 Americans could be out of money soon. America is Broke and Bankrupt -- We Are at The Keynesian End Game. We are now headed for the Greatest Depression Ever! America is also in debt up to its eyebrows, which certainly doesn't help. The end result is central bankers created the BIGGEST, most egregious bubble in financial history. A $250 TRILLION debt bomb… with another $500+ trillion in derivatives trading based on its yields. To put this into perspective, the Tech Bubble was about $15 trillion in size. The Housing Bubble, which triggered the 2008 Crisis, was about $30 trillion in size. The bond bubble is over $250 TRILLION in size. Some $50 trillion of this is in sovereign debt, with the rest coming from corporate debt, mortgages, auto loans, credit cards, and the like. The $2.5 trillion stimulus money is only going to go to the Gangsters, The Bankers, Just like last time. The Bankers are laughing because they already stole tens of trillions post 2008 with all the politicians on top of the trillions they stole pre 2008. Tens of trillions are hidden in offshore Cayman accounts. The central banks have created what can only be called a super bubble on steroids. 93% of global economies are contracting, and 7% of global economies are collapsed. Central banks are buying everything in sight with newly printed capital. Capital that will be worth next to nothing when it trickles down to you. But that’s the plan. The Federal Reserve is simply finishing its mission from its inception in 1913. Their plan is and has always been to be the buyer and lender of last resort. The end goal is to own it all by destroying the currency. Once they own it all by creating a currency crisis, they will roll out their digital cryptocurrency (FedCoin), which is based upon their test pilot program, better known as BitCoin. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. It’s the lockdowns; They have paralyzed the economy. You can’t shut people down from making ends meet. Dying is one thing. Being broke from not working is another. It doesn’t need to be both. So 100% of oligarchs are getting wealthier while 93% of everyone else is getting poorer. I imagine there is an urgent meeting going on right now in Davos or some other really cool place trying to figure out how to fix this terrible mistake they made. I wonder if closing down restaurants is yet another way the globalists are forcing people into the big box grocery stores, which means food source becomes more centralized and hence more under their control. Food is the ultimate controller—even more than sex, drugs, and pro sports. More likely an asset and property takeover...disaster capitalism. The goal is to close all but Amazon. This is just step one for them. The big box stores won’t get to stay either; they just think they are special for now. One-stop shopping nationally. They think that way there is total control. Bigger picture. It's the Great Reset. They intended to shut down the economy in stages until they implode the dollar for the reset. They are boiling the frog in the pot until it's too late to jump out of the pot. They are bringing the ID2020 digital identification. You won't be able to sell or buy without it soon. Better pass on the mark. The federal government exceeds 50% currently and will probably exceed 65% under the coming administration. Government control of an economy is communism by definition. Socialists and Corporatists will ban together to destroy a Mixed Market/ Free Bargain Economy. The Corporatist will pay lobbyists to get the Socialist to write laws to bankrupt the Capitalist. Those in the government create conditions for their job to remain relevant. In reality, we would be better off if they were not able to vote for their own pay increases, receive pensions, and make a career out of robbing the rest of us. Fiscally, America is kaput. America is broke. The U.S. Public Debt situation is presently the worst since World War II. America’s big problem is that there are too many welfare queens; Both corporate and personal. The productive can't support the non-productive anymore. Simple math. The ones who should really be afraid are the ones who can't live without a government nipple in their mouth. Unfortunately, there are a lot of those types because government policy has been to create as many dependents on government as possible. Fifty YEARS OF GLOBALISM CREATED A COUPLE OF HUNDRED BILLIONAIRES AND BANKRUPTED EVERYONE ELSE. 1913 THE YEAR CONTROL OF THE ECONOMY WAS GIVEN TO FOREIGN BANKS. 1963 KENNEDY HIT, THE YEAR THE MIDDLE CLASS WAS ASSASSINATED. $40 Trillion of pension funds invested by wall street in China alone. $27 Trillion of debt run-up. Thirty million US jobs offshored to China, including 6 million Manufacturing jobs. One hundred million immigrated into the US in the past 50 years. - 50 million illegals. 63% of all immigrants now on welfare, and the rate increases every year. Two million green cards and H1B visas per year to drive wages down. $40 trillion paid in welfare reparations with zero effect. America is broke, China is worse, The E.U. is toast, and Russia, even if not in as much debt, is not far behind. If we catch a cold, the world gets pneumonia! Know that much. The debt storm approaches, slowly, then all at once devour everyone. No one shall escape! America is the Titanic, and it is sinking in an ocean of debt. The U.S. is running up its debt over 3 trillion a year with 27 trillion already on the books and promises to its retirees and social security recipients of another 200 trillion. We passed the signpost some years ago, and into the Twilight Zone is where we are headed. Meanwhile, Wall Street has reported record profits this year. Average bonuses for bankers have risen by as high as 40 percent from last year. And that's hard to hear for everyone on Main Street suffering the effects of the global crisis. The banks want us to pay their bad debts. They are not too big to fail; they are a bunch of money junkies that want every penny we worked for. And here is more sickening food for thought. Americans owe over 11 Trillion dollars in home mortgage debt (and that's just for 1 - 4 family, it does not include multi-family and commercial mortgage debt!). That number was only 2.6 Trillion in 1990, now less than 20 years later, it is over 11 Trillion. AND we owe over 2.5 Trillion in another consumer credit-related debt (cars, boats, R.V.'s, credit cards). Credit cards make up a little less than 1 Trillion of that 2.5 Trillion total. That number was up from 800 Billion in 1990. So, just in home mortgage and consumer-related debt, we owe almost 14 Trillion dollars (on assets that are very likely worth less than we paid for them)! What's worse, we do not pay the low, low-interest rates on our debt that the government spends on its debt. Household debt has been growing for five years, but mortgage balance growth has been on a slower incline since it stopped declining in 2013. When the Federal Reserve lowered interest rates in 2008 to fight the recession — giving consumers more incentive to pursue the typical three-to-five-year loan for autos — it kick-started a trend that has held true today. Auto loans continue to increase because of low-interest rates. Student Loans; They continue to escalate.When the Bankruptcy Protection Act of 2005 was passed, making it more difficult for people to file for bankruptcy, there was a turn toward credit cards in a desperate attempt to pay bills. So credit-card debt soared, reaching its all-time peak of $1.028-trillion in July 2008 (an average of $8,640 per household). Most of that debt was due to unexpected medical bills. Banks followed suit, cutting back on consumer lending when the Dodd-Frank Wall Street Reform Act increased regulations over credit cards. By April 2011, credit-card debt fell to $839.6-billion, a figure that has remained somewhat flat, although the average American household still owes $8,398. People are freaking out about the national debt, but at least the government can tax and print money. And how about state debt. While Americans as a whole carry significant amounts of debt, each state has its own unique problems. The makeup of state-specific debt reflects not just the national economy but also factors like unemployment rates, the worth of homes, and the cost of college. Credit policies long pursued by central bankers based on the Keynesian Model of rising inflation have brought the United States to the brink of economic collapse. In the final analysis, even wealthy nations cannot afford to live beyond their means to support Progressives' "social justice" welfare programs. Nearly all the developed world is at the "Keynesian End Game" and the end of the dollar ,unless we find a wholly new source of national wealth. Globalization and "free trade" agreements have led to the outsourcing of well-paying jobs from the advanced nations and a boost to the growth of developing countries. Unless reversed, this trend will continue to the detriment and ultimate collapse of western economies. We must become net exporters and keep balanced budgets. Due to the current misguided policies, unemployment is going to climb and will probably stay high for years to come. We need job-friendly, business-friendly, PROFIT-friendly policies that lure jobs back to the U.S. and keep people from going out of business and encourage people to start businesses! What they are proposing is just the opposite. Scary, scary stuff indeed. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my backup channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉The Truth About The Great Reset -- The Great Reset vs. The Global Awakening !!

noreply@blogger.com (Politico Cafe) — Sun, 29 Nov 2020 10:53:00 -0800

👉The Truth About The Great Reset -- The Great Reset vs. The Global Awakening !! The Truth About The Great Reset -- The Great Reset vs. The Global Awakening The great reset is the logical evolution of our system. No more money; everything will be data. The idea of it might be utopic, but once the economy crashes for real, there will be changes. The elites want total rule over the population. A totalitarian nightmare. Whatever else the World Economic Forum comes up with to humiliate us, serfs, in the name of the so-called: sustainable development. The harder they push, the harder we have to push back. We have strength in numbers, and it's encouraging to see so many people stand up against what is so obviously a push for more control over the citizens. Keep fighting because without freedom, we humans are nothing but cattle waiting to be butchered. We are now standing in the face of the greatest historical confrontation humanity has ever experienced. I do not think that the wide circle of the American Society realize this fully. We are now facing the final confrontation between the good and the evil. We need to stand up and say no to those rushing to steal our rights. The subject of globalization is made up of many threads interwoven in a complex way. The discussion often extends into several issues and is not limited to free trade. Other social concerns also feed into the mix, things like immigration, human rights, global warming, nationalism, inequality, even population growth. The political impact on all these issues, in the end, affect how countries view the world and their foreign policy. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. As many of you have asked me about where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, and Rounds. I highly recommend that you too, start stacking some Silver Bullion for the future. One thing is certain. Regardless of who is president, the printing will continue until the dollar breaks. In other words, the 5% and up will become even more fiat wealthy. Equity markets will explode with the deluge of new money. Expect more state capitalism, “a political system in which the state has control of production and the use of capital”, i.e., prepare for a command economy, “an economy in which production, investment, prices, and incomes are determined centrally by a government.” I.e., the Government will engage in credit allocation. This is a de facto bailout without a single vote in Congress. It’s taxation without representation. I have no say in what goes on in New York or California, but my Federal tax dollars are to bail them out? It's Magic Monetary Theory. They print it. They get it. And your damns. Count for nothing. Nothing. They're going to spend the $5T bailing out banks, stocks and pension funds when the real estate market crashes again with the coming wave of foreclosures and evictions, and no buyers/renters to take their place for a while.The stock market needs more debt to climb further.Keep the supernova injections coming. Maybe 2021 is the year of MMT. $1 trillion ain’t what it used to be. Everybody gets a trillon and a taco. And time to pay next Tuesday. Remember the good old days when that first jump to a trillion seemed mindboggling. This is a downward spiral. Fed injects liquidity by expanding the money supply, this makes prices increase, and costs rise, creating demand for additional liquidity. Some corporations are too big to fail. They cannot afford to fail them. The system is too corrupt. If an airline company doesn't have any customers, it should go out of business. Instead, they are getting money from the government so they can stay afloat. Every new fiat dollar created makes all the others worth less. One day you wake up and your fiat is worthless. If you were to retire tomorrow and had been saving your dollars since you were a teenager (40yrs or so) then those first dollars are now worthless. In the long run you are much better off not holding fiat but some other asset class. What this is, is a drastic increase in the rate of enslavement. They print it from thin air and we now work until were 90 to pay it back. kill velocity by shutting down the economy. - pump in trillions. - get angry when it doesn't circulate because there is no velocity - pump in trillions again. - get angry; it's not working. - pump in trillions again. - economy Veeeeeecovers, velocity picks up. - uncontrollable liquidity deluge when excess trillions suddenly start circulating causing velocity to spike cascading trillions in liquidity into quadrillions. All this high finance with fractional reserve banking and fiat currency seems like rigmarole. What seems significant to me is that the government can issue debt to raise cash that it's not allowed to spend. So it just sits there doing nothing except accrue interest that Joe taxpayer is on the hook for. What a revolting development. Just do it the way Americans do it. Open another credit card and pay your debt with more debt. Problem solved. Money is created as fictitious debt, and alongside every bit of money, an equal amount of real debt is also created. Historically, this method of creating money has repeatedly been made legal for one reason: to increase the power and wealth of those who already have power and wealth. Whenever the method has been made legal, it’s led to a decline in civilization, as elites get more remote from the work that makes them rich and less conscious of the effects their affluence has on the world. This happened in Mesopotamia, in ancient Athens, in ancient Rome, the Italian city-states, England, the USA – and today, it’s happening across the world. This method of creating money finances the acquisition of businesses, goods and claims by profiteers. It powered colonialism, and now it powers growing inequality. Not only does the method create huge debt, it also gives wealth and power to people who only care about getting more wealth and power. Such people tend not to care about the consequences of what they do; they are the worst people to have in charge. As for most of us, the method is like a magic trick: it is so easily concealed that reform never becomes a priority. To explain: money today is debt owed by a bank, which it will never pay. We think banks pay out cash, but cash is also fictitious debt – in this case, from the government. The system is a collusion between government, banks and plutocrats. (Marxism is only different in that governments monopolize completely the power and the profit which the system supplies.) There is no need to create money this way. Money is abstract property, a token of value recognised in law. That is its very essence, which gives it a uniqueness as a kind of property. The laws which make this method possible may not be as obviously unjust as laws that authorize slavery (for instance) but they are every bit as destructive. As well as creating widespread debt and inequality, they fundamentally cripple any hope of real democracy. The world is given over to money making for a few, rather than to the creative sharing of many (among whom are huge stores of goodwill that go to waste). If we want to survive, we should reform and create money in a fair way. It's all the smokescreen for the Great Reset where you own nothing, what you need will be brought to you, there will be no privacy, humans merging with machines, but they say we'll be much happier. The Globalist Elite and US Political Elite have been trying for some time to do a Global Reset. They want to fashion and mold the Globe along the lines they believe in; screw what the vast majority of the people want, its what the so-called Globalist Elite want. They don't care about us, they care in their own POWER and Growing Wealthier, BIG TECH, AMAZON, Walmart and etc. are a part of this Global Reset. The Power That Be are pushing people into trackable cryptocurencies. They're using this Pandemic as a means to get Power and never let it go again. They want to curtail our freedoms, they are tyrants/dictators/control freaks. But, they will cause civil unrest and resistance to their plans and power Grab. This ends badly and the next few years will be tuff. The Globalist and US Political Elite must be Defeated. We did not even have good record keeping , and ten million plus ( I expect more ) died of starvation here in 1929 depression . Bankers just control the bubbles. Forcing FDR to enter World Wars Just we get munitions contracts, to rebuild. Get the government out of the way and the creative/productive forces will have this mess pretty much straightened out in a year or two. The problem is, they're not going to do that. They want the government involved in micromanaging everything. This was one of the major goals of this crisis. The economic collapse was engineered to bring in the Great Reset and an end to free-market capitalism. The pandemic panic was used as the catalyst. This precedes the phasing out of billions of people by preventing them from having independence or having children. I'm not sure you would even want to, at this point. The world is heading in a very, very bad direction. You could still make independent choices. You could still work hard and create the life you wanted. That's not what they want. They want to phase you out. They're going to put you in coffin apartments, toss you some crumbs in the form of UBI, and wait until you die childless. It's soft kill. If you listen to what these elites say, you know this is what they want. The world is overpopulated, global warming, a new form of pandemic means we must have a new normal, etc. The pandemic is the excuse for the new normal they wanted all along. This was all a set up. Humanity is in the process of being enslaved. The Great Reset is a totalitarian takeover of humanity, where all aspects of our lives will be controlled by technology. The Fed is a private bank with secret owners. The Fed is making a profit off the mess they created! Just as the Fed killed private savings accounts, they are killing the bond market (both for their profits). After the Great Reset, these titans plan on owning everything and renting you air to breathe. This tumor needs to be excised. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my backup channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

👉The Fed to Double QE in 2021 on The Road to Inflation !!

noreply@blogger.com (Politico Cafe) — Mon, 16 Nov 2020 09:34:00 -0800

👉The Fed to Double QE in 2021 on The Road to Inflation !! The economy is crumbling. Stimulus just pushed Fed’s balance sheet past $7 trillion for the first time ever, having expanded its balance sheet by over $3 trillion this year alone. But top Fed economist says much more QE needed to offset zero bound. Without injecting $120 billion in liquidity every month, the stock market will crash. The Fed, which is also buying corporate bonds and junk bond ETFs - remains the first and last line of defense for any equity drawdown. Money creation has to go exponential. Where did all that money go? I don't see any change in business closures, food lines, etc. Sure didn't come down to the people. Likely helped all the banksters put more lobster and Opus One on their table. Something tells me whatever it is; it will benefit them, not us. Yes, all money printed since the 80s has mostly never touched the real economy. It's been kept in bonds maturing for decades. And when the rich sell their bonds, fireworks will go off. Down the drain we go. Exponential debt and languishing growth that was occurring before the pandemic (or else we wouldn't have need QE, which amounts to life support) has doomed this country. We are now being distracted with a media spectacle and a public health crisis to distract from this fact. This is how a zero-taxation economy with rich people and zero rules works. They inflate as a form of taxation. Since there isn’t a monetary standard, every penny that they add to the money supply inflates (taxes) the worker. Since workers aren’t being paid more, they ultimately have their wages inflated away. The party is over. Chronic QE was already a lie. But if you keep the interest at zero and keep debasing the currency, what will happen? Inflation. Your buying power will decrease. Then we lose reserve currency status; then, the vultures come in to pick us clean. The Fed is playing a very dangerous game. It is time for tightening and paying down debt for flunky wars and death. They fully intend to keep the lockdowns going indefinitely. They are to cripple the country so they can give it to their Globalist masters and their oppressive, totalitarian one-world government. That's part of the plan. Forced vaccinations, cashless society, and the Government so far up your butt that it will wave to you every morning while you are brushing your teeth. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. As many of you have asked me about where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, and Rounds. I highly recommend that you too, start stacking some Silver Bullion for the future. What good does QE do when all the new money creation goes to people who already have, and none of it goes to those who actually need it? The federal reserve should start at the bottom and move up. Not start at the top and moving down, but only a little. The rich are just getting richer as the food lines are getting longer and longer and longer. Feed the need, not the greed Jay. The rich will only save the money or reinvest it, while the poor will actually spend the money on things they need. And this will create more demand and more jobs. All this new money is going to the Stock Market (Inflation). When the Stock Market collapses, the money disappears (Deflation) but stays on the Feds Balance Sheet. So what changes as far as money supply? If the money went to the people, it would help the whole economy and still trickle-up, but, No they want it All, and they want it now. This way, they can cry for more sooner. They Don't Want to Fix the Economy !!! Operation Zimbabwe continues. Money doesn't actually disappear; some people will just end up with more of it, while others will end up with less of it. But the actual money supply remains unchanged during the transactions. So once the money is created, it is not destroyed in the markets. And all this new money created by the federal reserve puts more money into the economy, but when the fed takes it back by selling treasuries, then it goes back to their balance sheet and is no longer in the economy. Then the money supply decreases. And I can't comment on the feds balance sheet since they have two of them. The open one that we are allowed to see, and the secret one that we are not allowed to see. And we can't see it because that is where all of the market manipulations take place. And with the secret books, that is what they will use to collapse the markets when they decide to do so. There is still much more control the federal reserve, and their international elite masters want to achieve over the world of money. And isn't it nice how the federal reserve and our US treasury have merged? So much so that Biden is looking at having Janet Yellen, a former federal reserve chairwoman, as the head of the US treasury. Complete control over our US finances much? Another big squeeze is coming. Never let a good crisis go to waste. Prepare for bail-ins. The Fed does not need a catalyst; the only thing it needs is an excuse. The excuse will be Biden. They'll spend money and unleash the Kraken. Well, the market collapse is definitely coming as soon as Joe enters the office. (That'll be the catalyst & just like that, you're retirement money will be next to nothing!). Printing like that only leads to either a Crack-up Boom or Hyperinflation or both. There is no exit. Lehman Bros was the sacrificial lamb in 2008 - just an excuse to print more money! I'm okay with all this, provided the Fed can also print food, houses, cars, clothes into existence. The pandemic conveniently gave them the excuse they needed this year to print to oblivion! 2021 - could be anything - guaranteed it will be manufactured BS though! At the end of this - your retirement savings won't buy you peanuts; that is the certainty! The Crack-Up Boom we are about to see will make us all Zimbabwean Americans. The FED is the arsonist and the firefighter. In other words, central banks will henceforth fund the entire sovereign budget deficit, which is what MMT and helicopter money is all about - it's only a matter of time before Jerome Powell will join the club, and we expect that at some point in the next 3-4 months, the Fed will announce it too will double its monthly rate of debt purchases. One can argue that the creeping economic shutdowns, first at the state level and soon at the Federal, have just one purpose: to catalyze the next crash. And next bailout by the Fed. Is anyone paying attention to this??!?! Is the gigantic tidal wave I see not too far out a figment of my imagination??? We have been living with an imminent fiscal crisis since 2008, and the ineffective means to contain it haven't changed. What else did you think the motive for the pandemic psyop was? It's to conceal the fact that nothing the bank cartel has done in the last 12 years has worked. We aren't facing an imminent crisis; we are facing imminent collapse. The bank cartel wants to make damn sure they get their cut before it all goes belly up. Of course, the only source is what wealth the 99% still have. So they proceed to inflate that wealth away. The bank cartel is buying up distressed assets for literally nothing—money they created out of thin air. Fiat currency and debt-based economies always fail. ALWAYS! Every time they've been tried. Keep doing the same thing over again and expect different results - Einstein's definition of insanity. Just keep RIGGING the Casino, and NOTHING ELSE MATTERS. The fact is QE is useless. All it does is create Bank Reserves. Which is NOT, despite what the Fed and mainstream media want you to believe, Money Printing. The Fed does NOT create money, the banks do, and if the Banks don't want to create money (through loans) because they see too much risk (because they live in the real world!) and are happy to sit on the excess reserves, which pay a guaranteed risk-free return, there isn't a thing the Fed can do about it. We are still dealing with (not very well) the effects from GFC1 and the continuation of the same flawed Fed Policies, for which the pandemic is providing cover. Will the fed add more QE? Vaccine hope. Trade hope. Presidential hope. The only guarantees in life are death, taxes, and the fed continuing to go brrrrrrrrrrr. Anything else is a waste of time. How long can they keep the plates spinning? As long as Netflix is rocking and there is food to be bought with free money. After that, all the bets are off. Why does the Fed need more debt to buy? The answer is Liquidity. When loans are created the money to service, the interest doesn’t exist in the world. In theory, when money is spent servicing that debt, it pulls larger and larger portions of currency out of circulation. The Fed can create money through QE, but it remains as excess reserves on the bank’s balance sheet until a new loan is created. So really, the inflation will never come the way they want it to until new loans are created, and that ain’t happening. They’re trying to create liquidity to keep the whole thing from crashing into a deflationary heap. It’s a catch 22 for the central bankers. Once you’ve let a Ponzi scheme in asset prices develop, you have to keep propping it up. When it collapses, it will feedback into the financial system. The more you inflate the bubble, the worse it will be when asset prices do collapse. The poor things just can’t win. The central banks are kicking the can down the road for an almighty crash at some time in the future. Things are going to get very nasty at some time in the future; we don’t know when that will be. "Who cares? As long as it wasn’t on my shift. Hopefully, Jerome Powell will be left carrying the can” Janet Yellen. In 2020, the world is a Ponzi scheme of inflated asset prices. The use of neoclassical economics and the belief in free markets made them think that inflated asset prices represented real wealth accumulation. The central banks have to keep pumping in liquidity to stop all the Ponzi schemes from collapsing. When banks have been lending to inflate asset prices, the financial system is in a precarious state and can easily collapse. The central bankers were struggling to keep all these Ponzi schemes going before the pandemic. So this crisis will bring central bank crypto digital controls of everybody that has a dollar, earns a dollar, is on the government dollar tit, and so. Yup, that includes you and me alike. So, this is an opportunity to enter the brave new brave world of digital controls. Are you optimistic of this technocratic 4th revolution coming to humans? It will truly be an out of body experience controlled by trustworthy fellow time travelers. Thanks billy, your billions were helpful. Double QE in 2021. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

👉Biden to add $11Tr to The National Debt --The Fed's Balance Sheet headed to $50Tr !!

noreply@blogger.com (Politico Cafe) — Thu, 12 Nov 2020 12:24:00 -0800

👉Biden to add $11Tr to The National Debt --The Fed's Balance Sheet headed to $50Tr !! The national debt will increase dramatically no matter who is the next president. Both political parties will continue to spend money like drunken sailors. The only difference is the Democrats will raise taxes. Increasing Taxes Is Taking Money out of the Private Sector, which means Tanking the Economy! Trump promised to eliminate the deficit in 8 years. So far, he has increased it by over 70%. Just put the deficit spending on the nation's credit card. Whenever the banks make a bad investment, the taxpayer has bailed them out. Well, guess what. The banks have over 1.5 quadrillion in bad investments waiting to mature. It wasn't just this huge cost from the pandemic; what makes it different is the debt is already at frightening levels, and adding 10% pushed it over the edge. It's no different than managing your own household debt. Once you get close to your own debt ceiling that you can manage, any emergency pushes you over the edge. The huge difference between the government ceiling and a household is the Fed. The household can't print their money, but the federal government can. So they kick the can via the federal reserve. The Fed’s balance sheet may be headed to $40–$50 Trillion. Maybe they can juggle that balance sheet past a quadrillion, all the while scooping up real assets like taking in candy from a baby. Hard drives can keep this jalopy afloat for a lot longer than in times past. Under President Trump, the deficit has remained under $1 trillion each year. However, it is projected to jump to almost four times that in 2020 due to the pandemic spending. Biden would add $11 Trillion to national debt according to a study by The Manhattan Institute for Policy Research. Biden has proposed $2.4 trillion in stimulus spending, as well as $2 trillion for climate and infrastructure, and a $1.5 trillion healthcare expansion. It is estimated that education spending will amount to $750 billion under Biden, which includes a free college plan. The policies he’s proposing are going to add $4 trillion in new taxes, which is the biggest tax increase since the end of World War II, as well as $11 trillion in new spending, certainly more regulation, a higher minimum wage. All of that is going to weaken the economy. It’s absolutely unsustainable. The danger is that eventually, the interest costs will bury us. When you borrow that much money, all it takes is a small increase in interest rates to completely bury the federal budget. And this without counting the unfunded liability, which is also considered national debt. Conservative estimate of the Green New Deal would add 80 trillion in unfunded liability. Then there are the infrastructure programs. We're talking if we're lucky, a total cost of somewhere in the neighborhood of 150 trillion extra in debt, on top of what we have now. And Who has to gain from this huge debt? Of course, the banks that lend money to the government. Ultimately, we’re going to face a reckoning that requires either significant reforms to programs like Social Security and Medicare or a possible doubling of middle-class taxes. There’s really no third option. The worst-case scenario is that politicians continue to pour gasoline on the fire by enacting even more spending, which just accelerates a debt crisis. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. As many of you have asked me about where they can buy silver and gold bullion. You will find in the description box the links where I personally buy American Silver Eagle, Silver Bars, and Rounds. I highly recommend that you too, start stacking some Silver Bullion for the future. The federal deficit for the fiscal year 2019 that ended last Sept. 30 was $984 billion. It has nearly quadrupled this year to a staggering $3.7 trillion, and this will skyrocket even further if another round of pandemic aid gets passed. These sums — so vast as to be nearly incomprehensible — get added on to the national debt, which as of last week was $27.2 trillion, up 33.6% on Trump’s watch. U.S. debt to exceed the size of the economy The Congressional Budget Office projects a federal budget deficit of $3.3T in 2020, more than triple that of 2019's shortfall, mostly from the economic disruption caused by the pandemic and the ensuing legislative response. In the fiscal year that begins on Oct. 1, federal debt held by the American public is also projected to reach or exceed 100% of U.S. GDP for the first time since WWII. That would put the U.S. in an exclusive club of nations, including Japan, Greece, and Italy, which all have debt loads that exceed their economies. The US has been in severe debt for many years. Nearly two centuries, in fact. And it has been at its worst for the past two decades. The country has been financially destroyed beyond repair. Plunging the US into DEBT Crisis is the ultimate plan. Sure we can service debt at 200% of GDP if the weighted average interest rate is 0.7%; but what if inflation takes a jump and the market rate for ten-year treasuries goes back to 5% or higher. Is the FED gonna print unlimited money to be the exclusive buyer of US debt at yields a small fraction of what the market would demand? No matter who wins the election. If this debt bomb goes off, the end result is the same, third-world chaos leading to some kind of dictatorship and a monetary reset. The plan is to push through the digital currency and introduce negative interest rates. The questions we should all be asking ourselves at this point are: Are we ready for a digital currency? Does this mean this is going to be world money? Will the dollar become a local currency? And the answer to all these questions is yes. The International Monetary Fund has been using Special Drawing Right (SDR) as a form of world money since 1969; it is potentially a source of unlimited global liquidity. It is being speculated that this currency will become standard for international transactions such as the exportation and importation of goods, and it will assume its role as a protagonist on the financial market, leading to the devaluation of local currencies. Especially after the dollar had been overthrown, it is expected that the SDR take over the position of a global reserve currency at some point in the future. Digital money has been the establishment’s pet project for a while, and now they’re finally going to find a perfect gap to fill in with their agenda because it is likely that this currency never is actually printed but transformed into a worldwide virtual coin. Usually, monetary resets are planned to happen in the space of 30 to 40 years, but we’re going on our 50th, which means we’re falling behind, and we won’t be able to keep up. But don’t be mistaken: this currency will only be handled by leaders and big figures, which will leave us with worthless dollars if we don’t start to invest right now in our own wealth protection, such as the purchase of gold. It is only a matter of time before the devaluation of the dollar hits up to 80%, and this can be a dead-end for our life long savings. The only time the national debt was ever paid was 1835. Financial experts tell us that a country whose national debt to GDP ratio is above 77% is considered to be in default of payment. The USA has been over a 100% debt to GDP ratio since 2013! There is a good reason they want a digital currency; they can manipulate the numbers better to lie their backs off! The government is an ever consuming black hole that only takes and never gives! The FED is a fundamentally stupid idea; it can't be fixed, only ended. Here's a better idea: the Federal Reserve is the ONLY ENTITY that the Federal Government should be Taxing and no one else. We, the people, are not being represented. We are not being heard. We are not given any options except to watch in frustration as these criminals destroy our economy. If you believe this is true and you are in the stock market, then get the hell out and take no part in this shameful bubble the bankers have created. Why should asset managers on commission worry about the national debt. They only worry about their commission. The truth is they cannot continue QE, no matter what anybody thinks about it. Their only real remedy is the mass human death of anyone who is drawing or going to draw on a pension/retirement plan. That is where they will reduce the deficit by removing the unpaid liabilities and entitlements. Yes, you may say all debt is fiat money created out of thin air. Only one problem with that, and it has to do with when lending banks take broken defaulted bonds and submit them to the Fed, and have the ability to declare them up to 9 times their worth, or face value, and then, turn around, and offer you that credit card, where as you use it,it's creating that money at the point of sale, instead of you coming in and sitting down with a bank officer and signing on a loan that does it, allowing you to walk out with a check. Different delivery methods, same concept. Debts and deficits don't matter, until one fine day, they do. How did you go bankrupt? Two ways, Gradually, then suddenly. It's a Minefield; if you own rental properties, they will confiscate it for the masses; if you own physical gold or silver, the government may confiscate it for their new digital currency. Social security is likely to not be paid or more likely paid with a worthless currency, the same with pension plans. You may try to own stock in depression resistant companies, but is a minefield as well. In short, few commoners do well in a third world republic. But know, the last thing the elites give up is private property and business. Tie yourself into a local economy with needed business activity. Interest rate shall artificially depress for the next decade or two or even into infinity as the US is at no meant to pull itself out from the debt addiction. Everyone who read not from the mainstream media could figure out this is a bankrupt country. FED prints dollars and pass it on to the treasury. The only reason a hyperinflation is not happening like what we witness in Zimbabwe is because the US dollar has the reserve currency status. However, we also know that many countries are working to bypass this and eventually abandoning using the dollar for trade. The whole effects would surely make everyone who holds this currency nervous, and eventually, the trick of MMT will come to an end. There is a tipping point when our lies will push the US dollar off of its historical position as the world's currency. On the day that the last lie pushes the dollar off the top, our GDP will go down by 15%, and this will cause an uncontrollable spiral downwards. Words matter, the truth matters, we will never make a responsible budget until the lies and selfishness stop. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

👉The Future is : More QE,Stimulus,Debt,Deficit,And Money Printing Until The Dollar is Totally Toast

noreply@blogger.com (Politico Cafe) — Sun, 8 Nov 2020 08:47:00 -0800

👉The Future is : More QE,Stimulus,Debt,Deficit,And Money Printing Until The Dollar is Totally Toast The greatest bubble of all time Dollar made a new low but gold is far from a new high. More QE, Stimulus, Debt, Deficit, And Money Printing Until The Dollar is Totally Toast The USA is going to get a bigger government, bigger debt, and a bigger QE program regardless. QE will continue no matter what. When you consider the hits the financial system has taken since 2000 and the fact that we will surely have nationwide lockdowns, the fact that congress doesn't even care now that they are good for a few years, it may be prudent to sell all your stocks and wait for the rainy season to pass. We have a contested national election, inside of an economic depression ,inside of a National Health Emergency Declaration. The new president will face significant economic and social problems. He will be getting the talk from someone at the Fed or treasury to tell him how dire things are under the hood in this country, probably over the next couple of months. And of course, the market can only survive on more stimulus. It’s life support, and the priest is waiting in the shadows to give last rites to the United States; today, the priest faintly came out of the shadows. Still, a long way to go before the rosary is on the countries chest. I don't think past (years) market performance is representative of the future market outcome. The more money the Fed prints, the harder we are going to suffer in the long run. The dollar is absolutely toast from here. The dollar made a new low, but gold is far from a new high. The pie is shrinking. One last burst of inflation to skim the remaining cream. Market surges as fed ramps up QE to exponential levels of lunacy in an effort to stave off the inevitable nation-ending collapse , just a little longer. Wallstreetbets isn't my style. I'm out. We have an economy based on spending borrowed money. That cannot last forever; economies have to be based on savings and investments. Americans need only use the dollar the way that it was ultimately intended to be used. Debt-free transactions that support real economic growth will create market balancing and an easy road for servicing and maintaining the management of existing debt and future debt. Fact: There is no greater generator of real economic wealth than real economic growth. Because of high living cost issues that are fueled by inflation, this is exactly why inflation is so bad for the poor and middle class. Even upper class but less, so. It robs everyone as purchasing power is eroded, and economic activity is cannibalized one day at a time. We're seeing it. The blowback has arrived. The free market can now reverse the issue, however, because the free market has been granted the only stage to do it from. We simply need to do it. The bread and circuses will go on because the Empire's population demands it. Coming soon, Universal Basic Income, free health care, free college. But it won't be worth a damn. Jerome Powell just said they would put the tools away as soon as the emergency is over. Just like the last time after the financial crisis. Nevermind, they pulled those tools back out in late 2019 before. The bottom line here is the Feds cannot stop printing money; once they do, it’s GAME OVER in Wall St and the global economy. The economy is barely functional once you pull back the curtain. The Fed must print and print. There is no choice except bread lines that would make the great depression look like paradise. The elite doesn't want to be hung from lamp posts, so they will print. If you are a trader, follow the leaders. If you are an investor, buy what's been trashed. Market surges. No matter what. If 57 million Americans out of work, empty food banks, contested elections, looming lockdowns, no stimulus, and a real estate foreclosure list 20 miles long aren't enough, then nothing is. I would think of thought we would back to 22000 by now, at least. Might as well make money on calls while we swirl down the drain on higher prices and never-ending socialism for the Dow Jones. Biden won't change a thing cause QE was literally created and approved under Obama. At this point, a city-sized asteroid impact would probably be shrugged off by traders as "better than anticipated," and the Fed will just further increase liquidity. If the market had any correlation with Main Street, it would already be in the gutter. The market numbers are so corrupt, pure kabuki for a long play, fun for the young on the short play. Sometimes it's best to walk away from the table for a while. Just like any junkie, they always need a bigger dose. And like a junkie, their addiction finally kills them. The crash has arrived come January 2021; it would be a roller coaster crash for the digital money introduction. The plan is to kill the dollar. The Federal Reserve Notes will be killed, and that's what central banks are doing, issuing the preprogrammed software they call Central Bank Digital Currencies, to usurp the powers of national governments worldwide to become a global government. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. The decline is accelerating and will go exponentially over the next five years. The ONLY way to survive the coming onslaught is to move OUT of the big cities or their suburbs and move to the country. People are just not taking the implosion seriously enough, but the reality is the country is broke, and ALL the institutions demand funding are going to have to learn to go without. The party is over, and there is NOTHING to fall back on, least of all an educated workforce that doesn't exist. The government has stimulated this economy into a gigantic ditch; they aren't going to get us out by digging it deeper. A stimulus check goes out, and people have money to spend, but where did that money come from? There was no added productivity, no more output, no more products or services were created, no jobs were created, no factories got built. Just passing money around doesn't lead to growth. If that was the solution, all of our problems would be solved already as the Fed could just print a salary for every American to stay at home. Money printing does NOT stimulate the economy. It creates an Off The Chart Inflation. As long as there are Fed and a ruling oligarchy, there is a path forward with no cash in stock prices. It leaves the rest of the country broke and miserable, but no one making the decisions really cares about that. You cannot stop QE anymore. We are way beyond that point. If we stop it, it all collapses now. If we do not, the mother of all bubbles -MOAB- will be a guaranteed blow over a short period forward in time. The US democracy's credibility has been lost the past few days. The rest of the world is watching the voting debacle, which looks very suspicious, to say the least. The dollar will get a hit now that the rest of the world is starting to view the US as a banana republic. If you look at the US balance sheet, income/expenses. They are essentially bankrupt, and the only thing keep it going is the FED money printing. If that stops, then the US is bankrupt. It’s only the dollar's privilege that is giving the US the power to hang on. Our Elite Overlords know they are screwed. The only option -to keep the power- remaining is a planned economic destruction on a world scale—the great reset. The perfect tool to do this are lockdowns; the economic tissue dies rapidly. It's all planned destruction. The war on the middle class continues. The Fed has done nothing but enriching a handful of hedge funds and daytraders. 4O1 Ks are a joke and inaccessible. They will be worthless in 20 years, so add as many zeros as you want to your statement. The day of the Rake is coming. The day when you wake up to 25 rate hikes because inflation is spiraling out of control. Weimar Republic momentum on steroids. When SHTF, all assets will be vaporized in seconds. Then the Great Reset will be presented to you as the remedy. Between these two key events, there might be unpleasant moments such as lockdowns, civil unrest, mass starvation, riots, civil wars. of the biggest risks that market participants may be ignoring is the potential for economic stagnation." Stagnation will evaporate profits on every level of corporate earnings. If the general population closes its purse (as it has now looking at M1 velocity), taxing ability dwindles, local and state governments cannot meet payroll or retirement obligations, layoffs commence, and the negative feedback loop begins in earnest. I am having trouble looking at a five-year horizon that does not include a radical systemic change in finance structure, as the financial markets very existence is not dependent on the investor class as most seem to think; its success is wholly dependent on a fully functioning economy and everyone spending, even spending money they do not have via debt. Investing in continued chaos perpetuates the chaos. And I know of no historical precedent where prolonged chaos suddenly calms, and prosperity evolves for everyone. Betting on a great set of rolls on the craps table is a temporary strategy; the streak always has, and always will, end. Spending stops, revenue falls, margins drop, layoffs commence, spending drops again. Stagnation becomes deflation. The final burst will be a planned event. The actual system of ever-increasing debt and perpetual QE is already a living dead one. When one major central bank blows, it will sparkle a chain reaction, domino-like; nothing will be able to stop it. Adding more QE won't work; it will only add more fuel to the fire. The world-scale lockdowns aim to make people obedient and submissive when it will happen. When ashes fall over -after a certain period of an economic wasteland- they will show themselves as saviors with their GREAT RESET. The neo-feudal Orwellian post-Sovietic Super State. This tyrannical, Transnational State will provide digital currency, digital ID with health record, real-time tracing. Cash as paper money will be permanently banned. Privacy will be nuked. The word itself will disappear. We are in this process. The old tricks will not help anyone, even the financial one. Society, as we knew and define it, will be part of ancient history. To make a historical parallel, we live in the late phase of the dying Roman Empire. Common sense says that Americans have been living way above their means for the last 35 years due to spending future money for the next many years. ( 27 trillion debt and 7 trillion money printing). When it turns, Americans will be living the next 50 years way below their means. People over 60 don’t care because they will be dead during that time. People under 30 will be living their whole lives paying all this socialism back. Everything is now going to break. Everything. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉The New President will Face a Massive Debt Crisis like no one other.

noreply@blogger.com (Politico Cafe) — Thu, 5 Nov 2020 07:19:00 -0800

👉The New President will Face a Massive Debt Crisis like no one other. The New President will Face a Massive Debt Crisis like no one other. Although the American people remain eager to be persuaded that a new president in the white house can solve our problems. The truth is, no matter who wins this presidential election, he will face a massive debt crisis like no one other. A crisis that could dwarf what we experienced in 2008-2009. The policy of attempting to create a bigger debt bubble as a remedy whenever the previous debt bubble starts to implode can only go on for so long. Eventually, the chickens come home to roost. If you print fake money, to the tune of $14 Trillion, you aren't saving an economy; you are destroying it. Debt is never a sustainable product. Inflating our away, as we did after World War II, probably won’t work this time. They cannot inflate and have low-interest rates at the same time, only if they buy all their newly issued debt because no one else will. This debt is not going to be repaid or inflated away. The can will just be kicked down the road. The Treasury already twice researched issuing 50-year and 100-year bonds, and the demand was not there in sufficient size to warrant issuance. The government will raid the 4O1 Ks for the common good. The satisfying shall come in the form of more taxes, more inflation, and more serfdom, Of course! The Fed policies will continue under either of them with no changes. Keep printing trillions until the US currency is worth nothing. Because the Fed answers to no one. At least no one that normal people know about. Today we have the highest levels in the history of deficit and debt. A whopping $82K per citizen, $217K per taxpayer. And another 2.17 million when you include Social Security debts. Off the books, of course. They don't want you to know about those. They almost have us where they want us; as perpetual debt slaves. Any sane person understands you don’t borrow your way to prosperity. Borrowed money always has to be paid back. This is an unsustainable path and one to watch closely, despite the optimistic assurances of the mainstream. Banks' only real product is debt. Bank loans create money and can give the illusion of economic success, but claims on future prosperity are building up in the financial system leading to a financial crisis. Bank credit effectively moves future spending power into today, and this illusion leaves an impoverished future when the debt is paid back. If you know how banks really work and what real wealth creation is, you won’t get fooled, but policymakers didn’t. Debt, by itself, when used to produce prosperity, is NOT, and has NEVER been a problem, but when debt is the reason for pauperization, additional debts, without liquidating or reducing very significantly, a prior debt, is not only insane but suicidal. Mainstream economics ignores the bigger elephant in the room; debt. Government debt does matter though, when you take the total yearly interest paid on government debt and divide it by the number of taxpayers. We are approaching the end game when we see the FED pump massive liquidity into the banking system. This debt bubble is going to burst soon. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. Corporate bankruptcies are already surging in the US, and many overleveraged small businesses are simply shutting down. When the debt pyramid does collapse, actually writing off bad debt will be a painful process for the person, business, or institution that holds the paper. It is important to consider how this will all play out or shakedown; this is yet to be determined, but the ramifications remain powerful. The growth of debt moves us down the path towards a Minsky moment or what might be viewed as a liquidity trap, a term that can be baffling and difficult to understand. A Minsky moment is when the debt pyramid collapses. This term has been used by Allen Greenspan and a few others; it represents a huge problem for the economy. It can take on several forms, but sooner or later, most of them tend to lead us into one of several possible self-feeding loops that disrupt the flow of credit and impacts the real economy. The debt that is written off takes something with it when it leaves this world, and that is the wealth of someone else! It is important you make sure you are not that someone else. Debt forgiveness is how they force people into the system. When this happens, the only safe place to store wealth will be in tangible assets, and the only lenders will be those who print the money that nobody wants. History shows that at some point when inflation begins to exceed the rate of interest paid, people start altering their buying habits, which can create a self-driving feedback loop. Private equity firms are using debt leveraged buyouts to acquire companies and asset strip them. Possible reactions: The neoliberal – They are making loads of money; this is great. Someone with a modicum of common sense – This sounds like a really bad idea. Someone who knows what real wealth creation is - There is no real wealth creation taking place here. Neoliberals have confused making money with creating wealth. Banks make the most money when they are driving our economy into a financial crisis. On a BBC documentary comparing 1929 to 2008, it said the last time US bankers made as much money as they did before 2008 was in the 1920s. Bankers make the most money when they are driving your economy into a financial crisis. The bankers loaded the US economy up with their debt products until they got financial crises in 1929 and 2008. As we head towards the financial crisis, the economy booms due to the money creation of bank loans. The financial crisis appears to come out of a clear blue sky when you use economics that doesn’t consider debt. The economics of globalization has always had an Achilles’ heel. The 1920s roared with debt-based consumption and speculation until it all tipped over into the debt deflation of the Great Depression. No one realized the problems that were building up in the economy as they used economics that doesn’t look at debt, neoclassical economics. Not considering private debt is the Achilles' heel of neoclassical economics. The debt monster will lead to the collapse of this rotten monetary system through the Great Stagflation as money seeks a home. It is going to be a chaotic unwind as no one country can impose a new Bretton Woods on the rest. Trade imbalances will have to be settled in gold, hard assets, or at the point of a gun. Congress created too much federal debt, and since the Board Of Governors of the FED are appointed by the President and confirmed by the Senate, who really controls the FED. Because Congress created the debt monster and still does, the Board Of Governors was simply told by the politicians to force rates low, so the government can reduce its servicing costs. Because of low rates, everyone borrowed from homeowners to corporations, and the FED cannot force banks to lend, nor can they force consumers and businesses to borrow. The FED is trapped as they cannot raise rates on their own as not only the US government would have difficulty servicing debt but states local governments, consumers, and businesses. Back when FDR was spending massive amounts of money on the war and his social programs, interest rates started to rise, and he simply called in the FED and, in no uncertain terms, told them to cap rates, which they did. It is like Johnson during the Vietnam War when he will tell the Bureau of Economic Analysis at the Commerce Department to change the GDP numbers as he demanded to know what they were before they were released. Also, Congress in 1913 needed a way to help fund the war and changed the FED's mandate from buying only short-term commercial paper to buying treasuries and government agencies' debt. The FED follows the mandates set by Congress, and the Board of Governors carries out that mandate. The FED cannot print money out of thin air as so many believe, and they have a few tools to make conditions favorable or unfavorable for banks to lend and the public to borrow, but again, the FED cannot force banks to lend to the public to borrow. They can lower rates, lower bank reserves, or increase bank reserves held at the FED, which banks can then borrow against. The FED uses QE to take assets and liquidity from banks, and banks simply have their accounts credited held at the FED by digital-like IOUs, which they cannot take out and spend or loan but only borrow against. As long as it sits there, the FED pays banks currently .1%, and QT is the reverse. Banks are not lending and creating money and liquidity, and the FED is removing assets and liquidity with QE. As existing loans are paid down, and now new liquidity is created, this created Monetary Deflation. The actual amount of liquidity in the real economy though, has nothing to do with inflation as it is caused by an increase in the velocity of money, and this is caused by consumers and businesses having confidence in the future and spend more and save less. No confidence; the reverse is true. The velocity on money has been decreasing for over a decade with spurts when Congress lowers taxes or recently the past six months stimulus by creating debt. If this money is used to pay down debt or just to survive for consumers and businesses, this does not create inflation as this does not expand the growth of the economy like buying cars, homes, remodeling, or just buying stuff. With all this going on, the Federal Reserve Economic Data shows the economy, for the most part, contracting as there is no new money being created, nor does the public have confidence in the future. So who really is responsible for the debt, consumers that borrowed and businesses to expand the economy or to just survive, the FED that lowered rates so the US government could service debt or Congress who created the debt? Regardless , we are in a debt crisis as more debt created by Congress, including stimulus and banks, actually is harmful, and stimulus only lasts two quarters with gross government and public estimated 2020 405% GDP and gross government estimated 127% GDP. As the FED moves rates closer to zero, their power to control diminishes. This is why starting in 2021/22, we have the Monetary and Sovereign Debt Crisis, and the Pensions Crisis all rolled into one. Extremely low rates have blowback no matter who is at fault, and this is how China becomes the world's financial center post 2032 as the west in general collapses from its own monetary and fiscal policies, massive debt, the coming massive tax increases, and new taxes to pay for it and massive social obligations which none of this can ever be repaid. This is why the US and the west in general, are desperate to create central bank digital currencies per the World Economic Forum agenda, which as the models also forecast, will all fail, but the damage until stopped will be devastating! The FED doesn’t respond to The US Government. It is a private hold entity bank and institution within itself. And so are other Central Banks around the world within a system itself. Some have a hard time understanding this, but I say before -- -bankers are the liaison to different, much more powerful people. Sounds harsh, that is reality. They want people to spend money on illusion; meanwhile, they are grabbing your wealth without you even seen it. Beast operates in many different ways. You need to see what's coming and how to prepare for it; if you don't, then you'll be blindsided! This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉UBI, Nesara, Gesara, and Global Digital Currency to be released after Davos Great Reset Meeting !!

noreply@blogger.com (Politico Cafe) — Mon, 2 Nov 2020 10:38:00 -0800

👉UBI, Nesara, Gesara, and Global Digital Currency to be released after Davos Great Reset Meeting !! UBI, Nesara, Gesara, and Global Digital Currency to be released after Davos Great Reset Meeting !! In our near future: Universal Basic Income, Zero Taxation, Digital currency, digital wallet, a vaccine passport, and a social credit system. Sounds like a real paradise on earth. This is the End Game, the great reset; A New World Monetary Order. The Big Tech to replace the Big Banks. A one-world digital fiat currency, owned and controlled by the elite who actually run the international banking system, which in turn runs the central banks of the world, including the federal reserve. Monetary policymaking will be shifted from the hands of the sovereign governments and into the hands of this international banking elite. But before that all takes place, they will have to collapse the world's stock markets and the world economies in order for us to have no other choice but to beg these international banking elites for a bailout. And they will make us an offer we won't be able to refuse. Accept our one-world digital currency, and we will bail this world economy out. Expect the greatest market and economic collapse our world has ever seen. My guess is this is planned for 2022. Out with the US dollar, and in with the one-world digital fiat currency. Mission accomplished. The governments of the world have to move to digital their is not enough source material to print cash. The new slavery will be much worse than the current slavery. I am personally not sure yet if it’s a complot or a sign of the times. What I do know is that I see governments becoming more and more penetrated from all sides, year after year. It seems like almost nothing can stop it: higher taxes, more data, more rules, less privacy. Check out the latest Twitter video of the World Economic Forum, where they project the future: “you will own nothing and will be happy.” They are just forcing us into obedience and abolishing private property, and privacy is a necessity for that. NESARA and GESARA are about to be released. If you take the debt forgiveness or whatever funds they offer, it’s a trap. One world government, economy, and currency are about to be forced (yes, forced but accepted by most) in the world. Anytime anything is forced, it’s not good for mankind. The Bible calls them prophecies and future events. Something big coming soon, and you will be forced to make a decision. Whether to take the mark of the beast or not. The move towards digital currencies is part of the World Economic Forum's Great Reset, and the consequences of it are enormous to anybody with savings or cash investments. Negative Interest Rates and planned inflation. How long before banks charge a monthly fee to hold your deflating digital money? The IMF SDR digital currency is likely to become the global reserve currency, initially replacing the dollar for international trade. After it's settled down and bedded in, it'll be expanded to become the global digital currency step-by-step replacing all other national fiat currencies. At that point, there will be no fiat paper cash, only bits & bytes on a bank computer. In the US, this whole process is totally under the control of the Federal Reserve, and it hardly matters who wins the US presidential election; it will happen regardless. This takeover of money by the globalist banksters is only one of many items on the Great Reset things-to-do list. The ultimate aim is to introduce global governance, but you can't have global governance without global money. The EU realized that years ago and introduced the Euro. So what is the real truth on the Nesara/Gesara acts? Nesara is an acronym for national economic security and recovery abomination; erm, that’s supposed to be act. Allegedly, this act was passed by Congress and vetoed by the Bush administration. Gesara is an acronym for global economic security and recovery act, but it is still an abomination. The NESARA/GESARA Acts and Currency Reset. The National Economic Security and Reformation Act (NESARA) is a United States government policy introduced to Congress in 2000 and passed, but kept under wraps ever since. This economic reform act is intended to bring fairness and wealth exponentially. The bottom line of this business is that both Nesara and Gesara serve the elite best because they would pay fewer taxes while everyone else would be much more susceptible to tax creep such that they wind up slowly paying more and more taxes over time. While the elite and corporations continue to benefit the most. The trick will be to con the public into voting for it or allowing their elected representatives to pass it. Presenting the entire business as something opposed by the Bush administration is a sneaky trick because reactive liberals will automatically think it must be good for their side if the other side doesn’t like it. In the USA, the rich know damn well that Nesara will ultimately benefit them disproportionately; only the elite will benefit more. Everyone else will feel a little relief at first to let the hook sink in, then slowly be taxed until they revolt or else surrender from an apathetic lack of the political power or will to change anything. The biggest benefit of this plan to the elite will be tax creep. If the taxes slowly go up over time for some of the various necessities of life in order to pay for more infrastructure improvements, better schools, socialized medicine, and so forth, then the voters will buy-in because it will only be a few pennies, right? So tax creep will be inevitable. The creepy law-makers in charge of drafting these measures will justify placing very tiny taxes on things everyone needs because that will raise a lot more money than unfairly taxing luxury items that only a very few rich people can afford. After all, the rich aren’t benefiting from these taxes as much as the rest of the public; they can afford all the stuff they need on their own, so why should they have to pay? The system is broken. Politicians always create a loophole system that they can get around and use to their advantage. Nesara and Gesara are abominations, plain, and simple. Or nice cuddly teddy bears if you are very, very rich. Enjoy! Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. Americans fared well before the US Dollar became the world reserve currency. Now, three-quarters of a century later, we are facing the same wipeout as the English in the 1940s when the bankers pulled the pound and gave the US dollar world reserve status. The US had a consistent positive balance of trade before Nixon took the US off of a gold standard, and the modern US Dollar debt Ponzi got rolling and a consistent negative balance after. These Davos elites get together and congratulate themselves that they are only doing what is necessary to save the planet from us dirty, slovenly, undisciplined, and selfish freaks. They have a plan - Create a crisis which will derail what's left of the world economy, sending people back into a tailspin of poverty and starvation. Those at the bottom will be wiped out again - as is usually the case. Those who survive will be terrified and cowed - they will submit easily to the might of the armed forces, which are being drilled in lockdown, curfew, and martial law tactics as we speak. The media is used (as always) to spread fear and panic. Anyone that believes in Universal Basic Income-UBI has never been on Welfare or the politically correct Social Assistance where one does not even get enough money to eat, let alone clothe one's self. Universal Basic Income is merely the buy-in phrase utilized to dupe the great unwashed masses into believing that there is something in it for them if they consent to the overarching control system imposed by the same cohort of elite Finance Capitalists that just appropriated all of the wealth of the working class for the last half-century since Nixon closed the gold window temporarily in 1971. Nixon was dishonest, and so is Jerome Powell et al. Life never changes, but people do become less educated over time if governance wants them dumber than dumb in order to fleece their pocketbooks, bank accounts, and savings regime. Never trust a banker or a politician as they work hand-in-hand via legislation to appropriate your wealth so that it is transferred to their bank accounts and not your own. Over my entire lifetime, all gains in disposable income have gone to the .001% and not to the working class serfs that have no grasp of how bankers steal their money business quarter by business quarter in perpetuity. Why is the US going down the pan? A group of private bankers managed to get control of the right to issue money in the west and have so badly abused this right that the middle classes are being exterminated, and a single bankster led group now owns 96.2% of all major corporates and earns 80% of all income, and the answer is to leave them in control and restructure. How about the challenge coming from China, where thanks to them having a public banking system, they do not have to cope with a giant parasite sucking their wealth away and only need to be patient and wait until the parasite kills the host to assume world leadership? Would it not be a better idea now to at least be talking about creating a level playing field with China by declaring a debt jubilee and introducing public banking? If the banksters stay in control, you can calculate how long it will take before they own all the gold by using factors including the interest rate, the size of the loan book, and the amount of gold the banksters had at the start of the gold standard. This means even a gold standard will achieve nothing if the private bankers stay in control. The pandemic is not the reason for this economic and currency deterioration. Quite the contrary, it's an attempt to cover it up and create a scapegoat. The US Dollar system was starting to come unglued already a year ago when the Fed had to step in with their extraordinary Repo program. It only bought a little time and kicked the can a short distance. Fiat currencies that rely on an ever-growing amount of debt acts like a pyramid or Ponzi scheme. Compounding debt has no solution. It is a mathematical certainty that a fiat debt currency will, at some point, self-destruct. It's really not that hard to understand, and the US Dollar actually reached that point several years ago already. It doesn't matter what represents sound money as long as the value it stores and transacts is linked to the true physical world value, which is and always will be work/effort/energy in various forms. That can be physical labor, a required service, product, or commodity, but it has to be transparent and not polluted by usury in order for it not to start eroding the value. In today's world of information technology, banks no longer serve any function or purpose anymore. The financial industry has become a parasite that, more often than not, seeks to steal and cheat. The rot has also spread to large corporations that no longer look to innovate, excel, and expand but rather perform accounting gimmicks to serve stockholders at the cost of the corporation itself. There will be no new Bretton Woods agreement because the very idea that there needs to be a pyramid among currencies is anachronistic and the very danger that has to be avoided in order not to repeat the mistakes of the past. People should know that the UK was the driver behind this current system, and they actually never abdicated any true monetary power and were, in fact, very happy to see US taxpayers take the wheel. Inflation is and has been ongoing throughout the economy; look at the price of food compared to ten years ago, the price of stocks, land, homes, cars, and taxes. The depreciation in fiat currencies, all of which are considerably above 90%. The cost of living has become unaffordable for millions upon millions and, thanks to lockdown, is about to force starvation on at least half the world's population. If interest rates were to rise, those carrying debt would be ruined, but the money printing spigot will also have its say resulting in hyperinflation. That, allied to currency devaluation, doesn't bode well. All FIAT money is virtual and has no intrinsic value since the dollar became unbacked by gold. Shame on the People for not shutting down the Fed a long time ago. As 90% of Americans could not tell you what the Fed does, let alone who benefits most from their Ponzi. "It is easier to fool a man than to convince him he has been fooled" ~ Upton Sinclair. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Are you Prepared for The Post Election Economic Collapse?

noreply@blogger.com (Politico Cafe) — Sun, 1 Nov 2020 12:21:00 -0800

👉Are you Prepared for The Post Election Economic Collapse? The following four things individually are major issues, but we now have all four together at the same time! #1. Economy depression and supply chain collapse. #2. Lockdowns and regime uncertainty. #3. Fiat finance collapse and 4th turning. #4. Huge debt overhang, pension collapse, and unfunded liabilities The stimulus and the bull market are over. Nothing went to Main Street where it’s badly needed during a time of the unprecedented economic collapse. Thousands of private businesses and millions of jobs have been eliminated .another lockdown, and it'll be game over for a lot more mom and pop businesses. Easy money, market manipulation, deregulation, reckless speculation, counterproductive fixes, unsustainable debt, and evil intent pushed things toward economic collapse. The real total world debt is now likely at least 10-20 times greater than real total world GDP. Hundreds of quadrillion dollars in debt if the derivative bubble bursts. It's a wrap America. We're bankrupt. This is the crash. Then there's the endless fraudulent Bond issuances and trades. Open market manipulation. The old total and complete rigging manipulating and controlling daily activities; and on and on and on. It’s a catch 22 for the central bankers. Once you’ve let a Ponzi scheme in asset prices develop, you have to keep propping it up. When it collapses, it will feedback into the financial system. The more you inflate the bubble, the worse it will be when asset prices do collapse. The poor things just can’t win. The central banks are kicking the can down the road for an almighty crash at some time in the future. The normalization of interest rates is not an option. The system is headed over the cliff, and it can't be stopped or turned in time. The national bankruptcy has been inevitable and certain since the 1913 elitist infliction of the unconstitutional FED/debt-money/fractional-reserve-bankster fraud was installed in the US. There is nothing unintended about what is unfolding currently. It's all going to plan, and it'll be a whole lot worse than anyone thinks. It is all going to collapse directly after the election. The Bankster AI is running a controlled demolition of the WORLD economy. Just because this is a controlled collapse doesn’t mean parts of the economy won’t be blown with a mighty blast that will destroy large sectors taking out EVERYTHING for miles. Like entire nations.Or entire legacy industries. The market is a pump and dump scam. The insiders jack up prices with free Fed money, and then they'll cash in and leave the 401K's and other long haul investors holding the bag. There's no safe place to stash your coconuts in a systemic collapse. The entire system is based on a fraudulent monetary system and taxation system that picks the winners. If the results of the elections get rejected, This is the perfect constitutional crisis to undermine the last vestige of confidence in world reserve currency and transition to the CBDC platform. All fiat go to zero eventually, and the dollar will be no different than any other fiat currency. The collapse is already happening; it is not a one-day event. What is clear is the middle-class is being destroyed, and the Constitution is a shell of its original intent as noted by the two-tier justice system and the enormous reach and size of the Federal Government. These are the two barriers to the New Monetary Order, which is now labeled the "Great Reset." Sixty percent of the US population doesn't have $1000 in an emergency fund! How much worse can it get? The Power That Be are going to roll out universal basic income whereby government hands people free money printed out of thin air, accruing debt. Put simply, socialism for the masses. Governments spent well beyond their means, bankers loaned far more into circulation than they had in tangible assets, and the public (which thinks they're getting a free ride) gets straddled with the burden of debt. This is The Great Reset Launch - enjoy. The pandemic was the catalyst. They couldn't erect their New Monetary Order without first tearing down the current one. The great reset courtesy of Klaus Schwab's World Economic Forum, the IMF, and the banksters gangster usurers. Hell on earth. What is going to collapse is a corrupt monetary system whose primary objective is a boot tread on your face. What will replace it? The powers that shouldn’t be have something in store for mankind, and I can assure you freedom isn’t on that list. This Ponzi will slide into the next Ponzi - seamless. That being said, pain is afoot for the majority. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. The federal reserve artificially inflated stock prices with their unlimited creation of new money, both openly and secretly. So what is happening now is that a lot of mismanaged or failing companies, instead of borrowing money from banks or from the sale of corporate bonds, have now turned to free money that will never have to be paid back: i.e., the issuance of new shares of stocks that are now overinflated. When the markets crash, these suckers, I mean investors in these shares, will be left holding the bag, and corporate fat cats will have made a ton of money from it. So basically, what the federal reserve is doing with low rates and the artificial inflation of the markets is producing everything for now and nothing for tomorrow's situation. And as a result, along with other reasons , is that it will all culminate into the greatest market, financial, and economic collapse our world has ever seen. I believe this will occur in 2021. After all of the successes are out of the way, there will be nothing left but failures. The world economy has NEVER been shut down as it was, and maybe again, even for war, it wasn't shut that thoroughly. They didn't do that to help us; they did it because dung was going to fly apart. The repo crisis was bigger; I'm sure, than most imagine, and they had to shut off the economy to sort it out. I think if they turn it on again, it will just start accelerating again; the same issues will crop up again. I think something had to be done, but the band-aid on the sucking chest wound won't hold long. Toilet paper may be the new gold standard before this is over. 1 role for a house, I'm being sarcastic somewhat. Printing money will soon be a thing of the past, like newspapers - seamless transition. The great reset being pushed by the elites for some time would be a disaster for the average human. The collapse has to happen; it's built into our capitalist system; the question is when. It's happened before; the French and Russian revolutions were caused by financial collapse. This time however, most of the global economy is the US dollar economy, so we all go together, no foreigners with cash to refinance the economy. Pensions, insurance companies, and financial collapse, and that collapses the dollar as everything is dependent on a one to two quadrillion derivatives market in turn dependent on the bond market, much bigger than the stock market. Driving interest rates to zero would not be possible either for the reserve currency. Printing currency devalues a currency, but capital is not the banknotes that banks issue; it's land ,production, energy and gold. Most of the world's wealth resides in the title deeds and gold held in the vaults of banks. The collapse is caused by spending more than we earn. Negative rates mean the system implodes that year, everyone will close their bank accounts, and the companies which demanded customers and employees have them will hit the buffers; critically, right now, with the recession, you cant have boycotts & labor disputes. You have to understand that our financial system is a pyramid; money enters at the base and rises to the top. It works well as long as the peasants keep putting money into the base of the pyramid. If the flow stops, it collapses. The peasants ran out of money in the 1980s, so everybody got a credit card, people financed their cars, etc. Because we are at the getting blood out of a stone stage, they reduce interest rates, so the peasants can borrow more. When the pandemic hit, governments gave money to the peasants to keep the flow. When it was discovered that the peasants were using their free money to pay down debt and not feed the pyramid, they started reducing the free money. The global economy was already facing the worst collapse since the second world war as pandemic began to strike in March, well before the height of the crisis. The deepest contraction for the global economy since the 1930s great depression. With confidence indicators falling off a cliff, financial markets in turmoil and real economic indicators plunging, bankruptcies and job losses will leave deep scars on the world economy and hinder its healing for a long time to come. Fed is sharply increasing the amount of help it is providing to the financial system as the Banks did not trust each other – again. Similar situation around the Lehman collapse. In 2019, a second Perfect Storm was approaching – the Central Banks had been doing whatever it takes for over a decade. Essentially nothing was off the table; throw the kitchen sink at pushing the Global Financial Crisis 2.0 into the future. I believe in 2019, the Central Banks guns were blazing, but the beast was no longer held at bay; they threw the kitchen sink, and the beast laughed at them. So what do you do when you are burning far more oil than you discover, and your efforts to offset the impact of expensive to produce oil push you to the edge of the cliff? You can accept your fate and allow the beast to shove you into the abyss. Or you can take the nuclear option and shut down as much of the economy as possible, preserve remaining oil and pump in trillions of dollars of life support to keep things feebly alive. The End Game – in addition to being a cover for the above, the pandemic is also a very good way to keep 8 billion people in line as we hit the physical limits to growth and global civilization collapses. The last thing anyone wants is a global Holodomor and extreme violence. We have seen how in Australia, the police have used rather extreme measures against anyone daring to break the rules in Melbourne. I believe that the masses are being conditioned to be fearful because fearful people look for direction from the authorities and will accept just about any edict if it is believed to be keeping them safe. For we ordinary people who have worked all of our lives to build a nest egg for retirement, this is good advice. I care not whether gold is $10k or $100k/oz, but I do care about retaining the purchasing value of my savings. If you’re holding US Dollars when The Fed induced hyperinflation starts, then you’ll be wiped out. And that cash that’s in your bank account isn’t yours until it’s in your possession. The Fed-induced hyperinflation will get you a stack of worthless paper. And why would you keep fiat in the bank. It’s better to use it now while it still has a little value. Might want to buy some money with your fiat while the money is still cheap. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Why the Chinese Economy Taking Off While the Rest of the World is Collapsing ?!

noreply@blogger.com (Politico Cafe) — Wed, 28 Oct 2020 10:01:00 -0700

👉Why the Chinese Economy Taking Off While the Rest of the World is Collapsing ?! Why the Chinese Economy Taking Off While the Rest of the World is Collapsing The economic benefits of containing the pandemic are uneven across the globe, but one success story stands out. China is winning the economic recovery race. Just as it led the world in economic recovery in the aftermath of the global financial crisis of 2008, it is playing a similar role today. While most of the world is still grappling with the pandemic, China is proving once again that a rapid economic rebound is possible when the virus is brought firmly under control. China's economy grew 4.9 percent in the July-September quarter compared to the same months last year, the country's National Bureau of Statistics announced Monday. The robust performance brings China back to nearly the 6 percent growth rate it had before the pandemic. Exports jumped, and local governments engaged in a binge of debt-fueled construction projects. Even consumer spending is finally recovering. Many of the world's major economies quickly emerged from the depths of a contraction last spring when closures caused production to drop sharply. But China is the first to experience growth that significantly exceeds where it was at this time of last year. The US and other nations are also expected to see a surge in the third quarter but are still lagging behind or just catching up to pre-pandemic levels. China's lead could widen further in the coming months. It has almost no local transmission of the virus, while the US and Europe face another accelerating second wave. China’s success is impressive; their infrastructure campaign is truly admirable and forward-thinking. Meanwhile, the US has squandered a period of historically low-interest rates when our government could cheaply borrow to restore and expand our infrastructure. We have crumbling bridges and roadways, zero high-speed rail, deteriorating 19th-century water and sewer systems, etc. Government-funded infrastructure projects would create jobs and secure our future competitiveness. A win-win. Instead, we lavish unnecessary tax breaks on corporations and the wealthy that create no trickle down jobs and no investment in our future. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. The vigorous expansion of China's economy means it is set to dominate global growth - accounting for at least 30 percent of world economic growth this year and for years to come. Chinese companies account for a larger share of world exports, produced consumer electronics, personal protective equipment, and other goods in high demand during the pandemic. At the same time, China is now buying more iron ore from Brazil, more corn and pork from the United States, and more palm oil from Malaysia. This partly reversed the downward trend in commodity prices last spring and mitigated the impact of the pandemic on some industries. However, China's recovery has done less to help the rest of the world than in the past because its imports haven't grown nearly as much as its exports. This model has created jobs in China but has held back growth elsewhere. China's economic recovery has also been dependent for months on huge investments in infrastructures. And in recent weeks, the country has seen the start of the recovery in domestic consumption. The wealthy and the people living in the export-oriented coastal provinces were the first to start spending money again. But economic activity is also picking up in places like Wuhan, the city in central China where the pandemic started. China's economic growth over the past three months has been slightly below economists' forecasts, from 5.2 to 5.5 percent. But the performance was still strong enough for equity markets in Shanghai, Shenzhen, and Hong Kong to rally in early Monday trading. The growing recovery of the country was also manifested in the economic statistics only for the month of September, also published on Monday. Retail sales were up 3.3% last month compared to a year ago, while industrial production was up 6.9%. Determined to keep the local transmission of the virus at or near zero, China has resorted to comprehensive population monitoring via cell phone, weekly block and city blocks, and costly mass testing in response to even the smallest epidemics. China's rebound also has some weaknesses, most notably an increase in overall debt by an amount equal to one-third of the economy's overall output. Much of the additional debt is made up of loans taken by local governments and state-owned enterprises to pay for new infrastructure ;or loans taken by households and businesses to pay for apartments and new buildings. Another risk to China's recovery is its heavy reliance on exports. The surge in exports over the past three months, coupled with lower commodity import prices, have accounted for a sizeable part of economic growth. Exports still account for over 17 percent of the Chinese economy, more than double the share they represent in the US economy. Chinese leaders recognize that the country's exports are increasingly vulnerable to geopolitical tensions, including moves by the Trump administration to ease trade relations between the United States and China. Changes in global demand could also threaten exports, as the pandemic affects overseas economies. Xi Jinping, the Chinese leader, has increasingly emphasized self-sufficiency, a strategy that requires expansion of the service sector and innovation in the manufacturing sector, as well as enabling residents to spend more. Beijing's approach to helping ordinary Chinese during the slowdown has been to provide companies with tax rebates and large loans from state-owned banks so that businesses don't need to lay off workers. But some economists argue that Beijing should instead distribute coupons or checks to assist the country's poorest citizens more directly. Millions of Chinese immigrant workers endured at least a month or two of unemployment in the spring, as factories were slow to reopen after the outbreak. But Chinese government economists are wary of providing direct payments to consumers. They say the government's priorities are investment-led growth and measures to improve productivity and quality of life, such as digging new sewer systems or adding elevators to three million old apartment towers that don't have them. Western governments have experimented with extra-large unemployment checks, one-time payments, and even subsidized meals in restaurants. These payments were aimed at helping families maintain a minimum standard of living during the pandemic - which in turn has fueled the demand for imports from China. The widening trade surplus - in which the rise in exports outstripped the growth in imports - represented 0.6 percentage points of economic growth of 4.9 percent, an official said Monday. The rest is due to consumption and investments in China. Overall, China's economy was mainly driven by domestic demand. But as people in other countries, backed by government subsidies, continue to turn to China for products during the pandemic, we will see a resurgence of the trade conflict, and not only US-China but globaly. China, which is set to surpass the US as the world's largest economy sometime in the next decade if it hasn't done so already - is about to set another record, this time in the capital markets. Ali Baba Jack Ma’s Ant Group is aiming to raise at least $34.4 billion through initial concurrent public offerings in Shanghai and Hong Kong, a blockbuster listing that will rank as the world’s biggest share sale ever, surpassing the Saudi Aramco’s $29 billion IPO last year. The trade war has done nothing but to awaken China and the world to divest from American tech and know-how. There is a lot of inertia preventing the easy moving of jobs and firms back to America from China. When there are competing firms within a sector, all using cheaper Asian labor to make their products, then how does the moving back get initiated? No company wants to be first because that would leave it with a competitive disadvantage. There has to be an incentive for all of them to move back together. There must be a profit incentive and/or sanctions of some kind and/or inducements of some kind. Tariffs would only work if they are high enough to remove the cheap labor differential. Coming back is a lot harder than leaving. There must be political will. The pandemic has increased that will, but it was not enough. Our politicians jumped on the Globalization bandwagon a long time ago. Will they jump on the redomiciling wagon as quickly? Some companies like Tesla want to be in China because that makes it easier to sell their Electric Vehicles in China. Apple is moving some manufacturing of iPhones to India because that allows its phones to be duty-free. Otherwise, the phones are too expensive for India’s consumers to buy. But that just shows that tariffs work for Indians to bring work to their country. If it works there, why not equally well in the USA? How can we build and maintain a strong middle class in America when most of America’s politicians are busy building up the middle class in China. The American middle class has been getting decimated for a long time, every downturn, it speeds it up. The 2008 crash wiped out half the middle class. This one will finish it. China's middle class is 400 million strong today; that number dwarfs the entire population of the USA. The USA is declining because it has become arrogant, complacent, and blind. China now has a larger number of consumers than the US, and its middle class is growing. Meanwhile, the super-rich in China earned $ 1.5 trillion during the pandemic. This was revealed by the Hurun report, a Shanghai-based research institute famous for its annual list of the super-rich. The Chinese Scrooge in the last five months have accumulated more wealth than the last five years combined, thanks to the boom of e-commerce and that of online games. Their total wealth has reached 4 trillion dollars. China is now working with Russia, South Africa, and the central Asian countries to move away from using the US Dollar and The EURO for trade. The time for threatening to cut off China from the west is long gone; they no longer need nor rely on the west. China is trying to unload the tons of worthless American IOUs it has by any means necessary. There is a new plan can help the Chinese economy surpass America in 10 years. This week, Chinese officials will meet to discuss the next phase of economic development, just a few days before the US presidential election. China's 14th Five-Year Plan is forecast to focus on technological breakthroughs, economic autonomy, and a cleaner environment. The official also set a target for the next 15 years, when Chinese President Xi Jinping wants to materialize his commitment to reform by gaining global leadership in technology and other strategic industries. China's conference is a closed event and lasts until Thursday. If the Chinese economy - which is recovering fairly quickly from the pandemic - can maintain its trajectory of growth in recent years, it will overtake the US in the next decade. The prospect of a potential conflict with the United States will increasingly strengthen president Xi's strategy - helping China avoid the effects of global economic upheaval. This reflects China realistically reassessing the current global environment, into R&D and breakthrough. This is a necessary and prudent move against external uncertainties. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉The Mother Of All Stock Market Bubbles -- Prepare for a Volatility Burst

noreply@blogger.com (Politico Cafe) — Mon, 26 Oct 2020 12:50:00 -0700

👉The Mother Of All Stock Market Bubbles -- Prepare for a Volatility Burst The US stocks continue to trade as though the world is expanding apace rather than wallowing in the worse economy since the Great Depression. Fed stimulus can only last so long. A Day of Reckoning is coming, and only unjustified euphoric optimism stands in its way. Subsidies are temporary measures and not permanent solutions. The market can remain irrational longer than you can remain solvent. Or perpetual Fed fake money could push stocks ten times higher. So, one must hedge accordingly. But it will implode. On a long enough timeline, the survival rate for everything drops to zero. It is not a bubble if it doesn't pop. The pin is approaching. The form of it will be rioting and massive property damage. Housing meltdown 2.0 upcoming. More shoes to drop. 1) employment is a lagging indicator that has to see improvement. There is the suggestion that the count is off as discouraged seekers drop off of the count, not even mentioning white collar. 2) all sorts of debt to deal with car, housing, credit card, etc. 3) zombie companies who may run out of funds The unknown known is the trigger. The house is packed with gasoline, propane, dynamite, and some A-bombs, just like February. The results will be similar, maybe worse. At this point, who knows? The numbers for just about everything are so jacked around. Unemployment will rise to 90%, as 10% of the population captures 99.999% of all wealth. Fed will keep printing up money for itself to keep The military-industrial complex going, totally disconnected from the stock market. The stimulus is just stealing from the future - making the future that much bleaker. Eventually, the piper will have to be paid. It's all matter of how long you believe central banks can keep this baby propped. The longer they do, the worse it will be when it blows!! The upper portion of the "K" in the K shaped recovery will slide higher and higher up the vertical axis as fewer and fewer people experience recovery. 2022, the market will reach 120,000. Cashless and asset less society for 95% of society coming. Middle-class landowners are most at risk of confiscatory tax policies with out-of-control governments. One never truly owns land with property taxes due. Crash and burn. Unless it is Precious Metals, all will crash when the bubble burst. One more reason for taking massive multi-Billion dollar low rate loans out to chase an already failed rate of return for pensions like California is INSANE and should already be criminal. If there market crashes, most pensions are screwed already, let alone then having to default loans against assets in massively underfunded criminality. How could the S&P 500 be trading at its highest multiple in 70 years when the growth rate of corporate earnings has been sinking for more than two decades? Simple Answer: currency debasement in process. Buy hard assets. All that matters is the spigot flow from the fed. Nothing else. All S&P 500 companies can go belly up, but if the fed is funneling trillions in, the party continues. Money has to go somewhere, even if it is worthless. Buy in or get ruined by inflation. The system is what it is, and the federal reserve is making this the reality of the day. Printing $100 TRILLION in fiat currency, it does strange things to asset classes. Think of it is fetid floodwater rushing into a field - every log and corpse not weighted down must rise. Send the quadrillions in. We will soon be doing more QE than what we collect in taxes. We are now in Bailoutism - the new central bank driven world order. Stimulus spending is just shuffling chairs on the Titanic. It doesn't improve the bottom line. We are Zimbabwe, my friends. Trillion-dollar companies in the end, not the beginning. Keep buying real assets. Buy hard assets and put some Monopoly money in the market to buy more hard assets. All I’m doing it. Bubble, bubble, bubble. Definitely, Something big is coming. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. We know that this disconnect from reality can't be good. We have more money printed than ever before. We have a Fed that has said they will stop destroying money, we have a government that wants to print money even though we have great growth, yet the bond market is maintaining a low, low rate. Every action taken is pointing to major inflation; who is buying these bonds at this level? This is a red flag that either the market is being manipulated or that people are buying safe havens without understanding what events these assets don't protect from. Never before have we ever had this degree of intervention to artificially inflate/prop up the asset prices - so never before have we had this degree of disconnect between the fundamentals and asset prices. As bad as earnings are, what would they look like without endless debt expansion and other forms of stimulus to support aggregate demand (and corporate profits) - all of which are just stealing from the future. Eventually, the level of the economy will have to drop back down to what earned income can support (without stimulus). In fact, it will have to drop down to a level that is below that as we will have to pay back the stimulus (either in the form of debt reduction or reduced purchasing power of our earned income). The economists of this world simply believe that their discipline is not subject to the laws of the universe - especially math!!! At current overvaluations, the entire US market will return zilch for a decade or more. There's a 10% chance of that, says CAPE correlation. There's only a 1% chance it will return 10% per year average like it just did. It will be more like the lost decade of the 2000s than the crazy multiple booms of the 2010s. Can't argue with math. If you think about it, it's pretty obvious. The US would need to DOUBLE or more its historic economic growth, and the price-earnings ratio would need to settle at a permanently high plateau just for it to tick along at the average growth rate. Everything right now is looking more like 2% or less growth, and the price-earnings ratio reverting to a mean of 20 or less. Ten years from now, the S&P could have, therefore, reached the lofty heights of 3500. As for small caps, speculators gonna speculate. Value line's take 10/30. The Election: Here, as well, the stakes are high from both economic and regulatory standpoints, and the picture is murky, with the outcome of the Presidential contest, now just days away, perhaps in doubt until well past Election Day. Control of Congress is also up for grabs. Corporate Earnings and price-earnings Multiples: So far, third-quarter earnings are coming in better than expected. Still, a number of companies are warning of possible disappointments down the road. All the while, high earnings multiples, exceeding a median of 21 in the Value Line universe, are unsettling investors. Nevertheless, markets are persevering for the most part. We think this overall resilience reflects the fact that the Federal Reserve is pulling out all stops to keep the economy rolling. Also, attractive alternatives to equities are hard to find in a low interest-rate environment.Conclusion: We think investors need to stay calm but also alert to developments. My note: if one is going to panic, panic early. This market is ALL smoke and mirrors. What is real, and what is Fed-induced? The real market is on a ventilator, and without stimulus, it will die painfully. How long can the country print money and give it away to prevent what will happen anyway and cause us untold problems down the road? I would like to hear one person say we have a spending problem. All I hear is to hell with the budget spend spend spend. Am I the only one left who worries about the future? The market is a drug addict. Happy when it gets stimulus and ugly when it does not get its fix. BEWARE THE FUTURE AS WE HAVE SPOILED THE PRESENT. The idea that the federal government can just keep throwing out trillions of dollars with no accountability or no way to pay for it is a fool's trap. The idea that the government is going to increase taxes on corporations but then, in all its wisdom, will spend trillions on economically smart producing assets is like buying a beautiful lot of land in a Florida real estate brochure and then find out afterward you just bought swampland. A healthy and efficient business does not need stimulus or any kind of help; Period. They should have saved for rainy days. By keeping zombies alive, FED inflated a bubble that is now beyond repair. When an avalanche strikes, no tree is safe, healthy, or diseased. Trillions in funds doled out by the Federal Reserve and the government directly have helped to paper over some of the big financial problems created by the pandemic. Not to mention the titanic issues that existed before the pandemic. Debt 27 Trillion, running debt increase 2Trillion year-over-year, US dollar printing 3 Trillion year-over-year. Declining value 49% year-over-year. And wait until student loan payments become mandatory again. The house of cards will collapse. $1.8 Trillion stimulus shot down by Senate. This stimulus talk will most likely keep repeating with nothing ever getting passed. US Dollar is even as bad as the Bolivar. Dear Federal Reserve, For the sake of Humanity and mankind, can’t you please just Stop? The economy is getting worse thanks to you; you monetize the debt, the dollar is in its slow death as the growing national debt says so, you’re making the majority of the people's lives more miserable trying to take credit putting the fire out you started that you never finished. The rot of your establishment has a growing stench that is literally choking the public, and you have dumb rich people believing in your lies every time you have a summit. Lying Powell says they are letting inflation rise, for they have no control over. The Federal Reserve has formed into a financial crime organization. Please let the free markets operate on their own, stop being a painful influence, and please do the right thing and die. Take one giant step for mankind off of a cliff and knock down that terrible looking structure on Constitution Ave; since the Federal Reserve isn’t constitutional anyways. This is a test of Modern Monetary Theory and the transition to a cashless society. They are attempting to rewrite the rules on economics and bring in a new ruling style to the world. Looks like it's going smoothly; put your mask on and listen to the elites; they have their best interests in mind. A ten percent pullback would be just another blink of an eye. Buy and hold, don't play Robin Hood. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends! The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

👉CBDC, Digital Euro, Digital Dollar And Global Central bank Coming - Be Prepared

noreply@blogger.com (Politico Cafe) — Fri, 23 Oct 2020 11:48:00 -0700

👉CBDC, Digital Euro, Digital Dollar And Global Central bank Coming - Be Prepared CBDC, Digital Euro, Digital Dollar And Global Central bank Coming - Be Prepared The US Dollar is falling, Paving the way to CBDC, Digital Euro, and to Prevent Bank Runs. Investors are running away from the dollar as the Fed continues debasing it. Meanwhile, the Fed is preparing for the introduction of digital Dollars and a ban on cash. The European ECB also announced the introduction of the digital Euro. The biggest overhaul in monetary and currency history is quietly taking place just behind the scenes. On September 22, the ECB quietly filed to trademark the term "digital euro" (which appropriately enough abbreviates to "DE" to instill a sense of German patriotism. CBDCs Central Bank Digital Currencies Are Coming. It's not a question of "if," but "when" at this point. This is going to be the biggest change to the global financial system since Bretton Woods. The IMF recently held a conference on digital currencies and cross-border payment systems. More entities are trying to get away from the dollar and implement Central Bank Digital Currencies in the future instead. These CBDC's will enable central banks to go around the banking and financial system and give or take money (tax or transfer payments) directly. This will affect banking in the future and will affect your rights. So what's so different about digital Dollars issued by the Fed and the digital dollars I have on my regular bank account? Nothing yet, but that's what CBDCs are about. Changing the rules & scope of Digital Money. More fine-grained control over those forced to use it. The only thing that gives any fiat currency value is, of course, the fools working for it. (Because it's created in unlimited supply for free by those who create it.) Making Fiat Currencies Digital only ensures that the Central Banks can write the monetary rules that nobody can stop or resist, meaning if they adjust transaction fees or interest rates, everyone feels it, and that's not even mentioning inescapable taxes and monetary surveillance. The FIAT currencies must not be a store of value! Otherwise, we have difficulties with the new digital FIAT system. Look at the mess we are in today with FIAT currencies. People should only be able to use the central bank-backed digital dollar as a mode of payment and not as a store of value. They will achieve this by having a negative interest rate on your account. By the way, these central bank coins won't ever work. 1) It will be a closed blockchain; they will not want the public knowing who gets the free money. 2) The total number of coins in existence will never be known; this will also be a secret. In My Opinion, they will have a very limited shelf life (less than five years). Pretty much and absolute control of transactions. The Central Banks would never relinquish control over the monetary system; they just want to digitalize it so they can print all that free new money (Ad infinitum). Now time is finally coming for the Global Central bank. It was always there, but now they will have what they wanted all the time. Negative rates are staying for many reasons, which you know well, and the debt itself is another story. Beast needs new blood. (and I won't touch Equity Derivatives, Derivatives themselves, ETF's, etc. For that is way up there) This time, however, they control the numbers in different ways and decide manipulations as they would wish. Control is unprecedented. They know well the system is broken, so let's start something they have been working for a while, yes let's reset the system and start the Casino refurbish. The Fed cannot create money; only nature can create money. The Fed has expertise at creating bondage since it's been doing it since 1913. The good news is their scam is coming to an end, but they will have digital cash, which isn't money either for the chattel to use. When managed by the government and central banks are part of the government, Electronic money, Central Bank Digital Currency (call it what you want) will be managed by policy. The "policy" will be that of the country's political regime. We know that will be "blowing up the dam" with regard to currency available and in circulation, without any cost of money and, therefore, no way to assess the value of any good or service. Electronic money is just a way of eliminating the cost of money. All governments are in a tight box. None of them can afford governance because their predecessors have already committed so much of government tax revenues to just servicing the debt. In the USA, the private sector will not be generating sufficient capital to purchase the coming debt sales. The FED will have to step in. When it does, it will issue the Treasury a right to purchase anything from the private sector, and the US Treasury will give the FED a completely hollow promise to repay the borrowing. Go ahead and stick your head below your belly button and pretend that the scheme is not simple expropriation of goods and services. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. The Fed's ultimate goal is total control and to prevent bank runs. Bank runs happen when people understand the implications of four facts: 1) Banks don't lend money; they create currency that did not exist the instant before the loan. 2) Depositors finances these loans, and the loans are a substantial multiple of deposits. The deposits are not loaned out. The amount of deposits are simply a number that is used to tell the bank how much new "currency" the bank can create. 3) One person's loan is another person's deposit . 4) There is NO "real money" in the system. When there exists insufficient real money to service all this credit, all those loans default...because it becomes mathematically impossible to pay them. Neither Central Banks nor CBDC solves ANY of these issues. They simply delay the credit collapse and thereby increase its impact. People won't have to work as hard as they once did for their binary 0's & 1's, which can be printed by virtual keystrokes. I wonder how the counterfeiters feel about this new paradigm? If the government goes digital, the only private crypto coins allowed will have to be government-approved, therefore tracked to the infinity digit. A cashless society is an enslaved society, and not that we aren't in bondage to the Fed already. It'll just be worse when every transaction will be tracked. Cashless societies are a statists wet dream come true. One, they want to tax you on every breath you take and every flush you make. Two, they want to negate the possibility of bank runs on a failing currency, war, hyperinflation scare, or calamity. Three, they want to turn you off if they don't like you. Four, they are going to jack taxes so high that evasion will become a new national pastime; the digital currency will eliminate evasion. Five, take my vaccine, or we will shut off your chips/cards. “Burkhard Balz, a German politician and executive board member of the country's central bank, said in a speech on Oct. 20 that it was crucial to build tools to restrict how the digital euro is used upon launch.” The catch is always in words, and sometimes they will give you a few clues as to what’s going on. They are preparing for the full-blown global digital system; actually, they are pretty much ready; just they make sure blockchain is in full swing. And now, with the populace preoccupied with stage 2, other nations trying to go through another lockdown, debt getting totally out of control, he speaks to a different audience. And I won’t touch on cryptocurrencies, for that is a bigger topic in itself. Be ready for that switch being turned off and on; reset is in full swing. Dollars are tangible. Credits are not. And when they take out our grid or communications go down, so does your ability to buy something. That means Everyone must have a phone or digital mark to buy something—no more physical currency. There is one and only one reason to dispose of cash. To give the bank cartel TOTAL control of overall finance, and coincidentally, all activity. They are devising overcomplicated and increasingly creative mechanism designed to confuse Main Street, making people feeling good, getting them to spend, spend, spend the money they don't have, and pray a miracle shows up, and the economy fixes itself. If not, this at least buying some time before it eventually collapses. The bonds were placed at a negative yield on the 10-year tranche! So in our next crisis, who is going to be buying all these negative yield bonds? Nobody wants these bonds for any length of time and is buying with the guarantee that the Fed will buy them back, and investors make a profit. That is why so many wanted them, and they knew they could turn a quick profit. No one in their right mind would buy otherwise. Smoke and mirrors just like the FED doing QE claiming they are buying $120 billion a month to ensure credit keeps flowing to households.But in reality, they are taking assets and their corresponding incomes streams from banks and crediting banks accounts, increasing their reserves held at the FED which they can do nothing but borrow against as this is not money as the FED cannot print and banks are not lending, increasing lending standards and buying treasuries and keeping some but flipping the rest to the FED for a profit. The whole thing is one giant scam as rates go lower, these dollar-based assets held by the banks and central banks, including foreign central banks, gain in value, and consumers and businesses get screwed more as they cannot borrow and savors and retirees who once depended on interest income to help them survive also get screwed by the FED and the banks! If only everyone would just wake up and overrun the silver/gold supply after they come to the sudden epiphany that their life's blood, sweat, and tears are represented by monopoly nothingness. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉This is How Wall Street Become Addicted to Stimulus Money

noreply@blogger.com (Politico Cafe) — Wed, 21 Oct 2020 12:43:00 -0700

👉This is How Wall Street Become Addicted to Stimulus Money The Financial markets have been waiting patiently for a fiscal stimulus. The market is going up every single day on the promise about the stimulus. Every single day we hear that the stimulus is getting closer, and the market is positive, and then the futures are up, and the cycle repeats every day. Traders and investment firms are trading on the momentum. They are trading on the speculation that the federal government will have a $1 trillion+ economic bailout package soon. Earnings have been replaced by fiscal stimulus. An entire global stock market with a foundation of DEBT! Give this crack-addicted economy yet another shot before it woes into terrible, painful withdrawals! That is the main reason I think we're still hitting record highs, with the economy in shambles. A large portion of that $1 trillion+ will also go to the banks because the near 0 interest rates are earning very little through non-junk bonds and treasuries. Millions of Americans out of work or struggling to pay the rent or buy food are also desperately waiting for a stimulus. A stimulus package isn't going to save anybody, let alone the economy. It's just a bandaid for the sheeple. WALLSTREET WILL LOVE MORE STIMULUS. MORE FOR THE HAVES AND LESS FOR THE HAVE NOTS.They will stimulate their egos with pats on the back for a job well done! When the market loses the plot, cash-out, only an idiot thinks you can create prosperity out of thin air for much longer than it takes to hold an election. This baby is going to blow like nothing was ever seen before. It will either be a total deflationary collapse or hyperinflation like Weimar, Zimbabwe, or Venezuela. No way out of it now!!! Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. If you haven't figured out that the FED and US Treasury are the current market drivers and are being used to manipulate the market and delay a major economic downturn or recession until after the election - you aren't a credible investor. After November the 3rd, there are no further political gains to continue the FED stock buying and debt printing in the economy - and fundamental economics will once again descend on this house of cards market. Voters by large, see the stock market as the primary economic indicator and ignore economic fundamentals - until their loans are foreclosed on. This basic public economic ignorance is a sad reality that politicians have to deal with - even if it means they gain politically but ultimately cause or contribute to a major economic catastrophe. Declining GDP and increasing debt will continue until a tipping point is reached in US economic credibility - and the inevitable catastrophe of a US economic collapse happens. As the monetary and printing theory favors specific kinds of either critical finite resources and or fungible assets with low convertibility costs. The FED has been printing like mad for the past four years, economically coasting on recovery and to keep the Wall Street ship afloat. Sooner or later, basic economics - both fiscal and physical will force fundamental economic reality on both political parties and the US consumer economy. It seems logical that all wealth centers - personal and private - have a vested interest in preventing an economic slowdown or stagnation and especially a collapse. The differences today/right now in the year before the elections are only degrees of aggressiveness in increasing the artificially created money supply. There are vested interests to maintain and preserve wealth standard condition wanting "free money" - but now on top and plus - the political motivation to provide at least the appearance of securing and preserving that wealth via money creation. Like morphine for pain, free money is as addictive - is as dangerous - but with more fatal withdrawal symptoms. Wall Street is not only addicted to free money but daily inebriated and euphoric with it. In my opinion, there are no fundamental economic solutions (real) fiscally or physically possible for the US - without major shocks to the consumer economy and wealth centers. Now it's just a matter of time. Another stimulus happening soon would be more convincing if so many people didn't throw the last one all into the bank or stock market. The stimulus was meant to stimulate the economy. And pumping the stock market only to wait for it to fall back down isn't exactly stimulating the economy. What stimulates the economy is reopening businesses, and a fiscal stimulus doesn't do that. Also, money in the bank SHOULD stimulate the economy, as it would, in theory, give more money to banks to lend to people and businesses that need it. The problem is that the Fed has basically displaced all private lending, so there is no need for banks to woo depositors. The Fed's Money Printing is not a Stimulus. It is fiat money printing. AKA-how to devaluate the dollar quickly. Devalue, depreciate, debase, even eventually completely disable the American Dollar. You can see the drop relative to other currencies daily in the US Dollar Index DXY Chart. This is the change against a basket of currencies, which could all be dropping as well, depending on the policies of their corresponding central banks. So the buying power of the American Dollar could actually be dropping even faster than this index indicates. Even on days when the Dollar is gaining relative to the other currencies, it could still be dropping in purchasing power terms. There is an important distinction between fiscal and monetary stimulus. By stimulating with fiscal policy, we create more demand for goods and services that would not be there otherwise. It also helps people that have been impacted and hurt by the pandemic through no fault of their own. There are a number of parents (primarily women) that had to drop out of the workforce to help kids learn remotely. Others, like food servers and those that work in hospitality, are out of work. They need help, and that additional income creates demand. The Fed is pumping money into the economy and helping to keep credit flowing, but it is not as targeted as fiscal stimulus. It artificially drives the market, helping only those that are invested. For the most part, it isn't doing much for the unemployed. Fed Money Printing would be QE, aka monetary stimulus if it did not get subsequently distributed by the Federal Government directly to the American public. In other words, if the government just spent that money eventually in going about its own business. The flow of money is time-wise backward since the Federal Government’s Treasury department gets the money first from the buyers of their bonds. Then many of those buyers sell their bond holdings to the Fed for money printed from thin air. (The Fed money printing that is used to buy Treasuries mostly flows in this manner to the Federal Government for the debt that government issues via those bonds.) But when the Federal Government sends money directly to recipients in public, such money is considered as being a fiscal stimulus. The money is still ultimately created by the Fed, but the spenders are different. In this case, the spenders are the desperate folks in the public who often have no other means to pay rent and buy food. But The Fed and this administration have made it crystal clear only money to prop up the stock market. Jerome Powell is no Paul Volker by any stretch of the imagination. Jerome Powell is not doing stimulus; he is the operator of a printing press and may as well be throwing dollars out of a window. Putting money into the hands of the working class to purchase will stimulate the economy, but we only did that for the first few months of the pandemic. The US has ten more weeks to go until January 1, 2021. I fully expect there will be another 10 to 11 million more layoffs, if not more. A fiscal stimulus is needed, but there hasn't been near enough of that. The stimulus is akin to starting fluid for an engine. It may help, but it will NOT cure other problems inhibiting the engine from running. Big government bailing folks and business is NOT the answer, especially if that conditioning encourages the wrong long term behaviors. The business has been piling on debt like leverage is the answer to their problems, and consumers have been living to paycheck to paycheck as their financial condition will ONLY improve!! Paper is not money. Gold is Money. Fiat currency must be curtailed, and real money returned. Capitalism can not work in a corrupt monetary environment. The economy will not sort itself out because it's heavily manipulated. Although the Fed insists otherwise, the central bank really has no tools left except money creation, and the Fed will keep printing money in a panicky attempt to prevent a financial collapse. As politicians and economists in Washington deem what is appropriate for the American people, it will be the very individual for whom these policies were intended who will have to eventually pay for these policies, whether through inflation or taxation. Unfortunately for the American citizen, when the plans of Washington are successful, it is the politicians and their special interests who reap the rewards. The smoke and mirrors of Keynesian economics were able to delay the inevitable collapse, but only for so long. At some point, the bill comes due. Milton Friedman once said, "If something can't go on forever, it won't." Every time they print more money, the money you get & already have gets worth less. Prepare to use a wheelbarrow as your wallet. The money created sooner or later has to be made up for in productivity, or the money supply itself eventually becomes so dilute as to have no value. That is what inflation is. In this sense, the money created is "borrowed" from futurity. The dollar will collapse before digital currency can be rolled out. Then, we will have no alternative but to use the CBDCs. Their whole plan is to replace the dollar, and other fiats, with CBDCs, so why wouldn't they collapse the dollar? It's no secret that central bank policies around the world have become more desperate over the last decade in an effort to stimulate their economies. It'll be interesting to see what comes of this Quantitative Easing experiment, but I think the chickens will come home to roost a lot sooner than 2029. This could come in the form of a serious permanent jobs disaster and weakening economy sometime early next year. There may be some great picks out there, but I don't think the broad market is in for a solid better part of a decade without a serious bear market. First, the Fed stole our gold, then our silver with larceny by trick, and substituted it with their worthless paper and tin/copper crap. Now, they are taking the anonymity of our paper currency and making us work for their IOU electrons - so they can track and tax our private purchases. Seize, Audit, and end the Fed. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

America 2020 -- Food Shortages & Farmers Bankruptcies

noreply@blogger.com (Politico Cafe) — Tue, 20 Oct 2020 13:18:00 -0700

America 2020 -- Food Shortages & Farmers Bankruptcies The head of the UN World Food Program repeatedly warned us that we would soon be facing “famines of biblical proportions”, and his predictions are now starting to become a reality. We have already seen food riots in some parts of Africa, and it isn’t too much of a surprise that certain portions of Asia are really hurting right now. But I have to admit that I was kind of shocked when I came across an article about the “hunger crisis” that has erupted in Latin America. According to Bloomberg, “a resurgence of poverty is bringing a vicious wave of hunger in a region that was supposed to have mostly eradicated that kind of malnutrition decades ago”. We are being told that food shortages are becoming acute from Mexico City all the way down to the southern tip of South America, and those that are the poorest are being hit the hardest.

8 Reasons The Stock Market Rally will continue to Exceed Expectations

noreply@blogger.com (Politico Cafe) — Wed, 14 Oct 2020 21:00:00 -0700

8 Reasons The Stock Market Rally will continue to Exceed Expectations We have never lived in a period where the future was so uncertain. The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. Forty million unemployed, a suicide epidemic, more than a hundred thousand small businesses shut down permanently, with millions of others at risk. Some 63 million+ people lost their jobs in the USA alone, we are in the middle of the global pandemic from the coronavirus that looks like it is picking up, cities are burning, and estimate for the 2020 GDP is fall between 50 and 60%. And this is only part of the cost of the coronavirus lockdown to America. Across the country, protests continue many peaceful but others turning violent, taking their toll on small businesses. Looting and vandalism dealing a blow to those already crippled by the coronavirus lockdowns. And the stock market appears to be anticipating a strong recovery as it keeps shooting up with some indexes approaching their old record highs. The stock market is soaring to new all-time highs. Up 34% in three months and still in. Yet another bubble. It wasn't enough that the banksters earned trillions by shorting near the top of the COVID19 collapse. So now they had the central banksters jerk the markets back up to the bubble levels before the collapse, so they can do that all over again. Geez. You have to wonder how many times they can fleece "regular folks" before the "regular folks" either learn their lesson ... or have no way to borrow more funds to invest in yet another bubble. It is beginning to look and "feel" a lot like 1929. 30K is where the music likely stops, and the band departs the stage. The Fed is pumping a corpse. Soon even they won't be able to deny it. The patient is dead. The addicts just don't know when to quit. As long as the FED is allowed to print to infinity, they can buy up anything they want, and they will do so for one simple reason, pensions. Since they forced pensions into the risky stock market with zero interest rate policy, they now feel obliged to defend that because when those pensions evaporate, there will be a lot more than simple uprisings out of the discontent of police misconduct. Anyone with a decorum of common sense knows that this sham will end badly. However, I don't fault anyone for playing their stupid game by buying worthless stocks. Unfortunately, it is the only game that is paying fraudulently derived yields right now. The stock market knows the Fed has its back. The MMT central banks won't let things fail on their watch, especially in an election year. The stock market is the Fed. There are no more markets. The Fed has the back of the Money Power Monopolists who control it. The sole purpose of the stock market is to remove fiat money from society. And it is very easy to do if one actually knows how the stock markets work. And it has been done over and over and over. And, if you know how debt-based money systems work, you will know what happens when the debt continues to increase as access to dollars continues to plummet. It doesn't matter. The market doesn't care. Two asteroids could hit the earth simultaneously at opposite poles of the earth, destroying 90% of the planet, and the market would go up 3%, and the commentators on CNBC that survive would say something like "markets up on asteroid mineral mining optimism." RIP markets. RIP capitalism. RIP United States Republic. It was a good run. Time to burn it all down and start the 2nd republic. At this point, it looks like everything can be nuked apart from Wall Street, and four computers at FED and stonks would be pushing all-time high. The vast majority of people in the US do not own stocks. The Markets disconnect from reality is epic. I am anticipating very bad news at the end of the second quarter, then a long hot summer with millions who have nothing to do, taking to the streets all summer long. I have been through economic downturns about every ten years since 1970 when Boeing laid off two-thirds of its workforce in Seattle, and the billboard went up saying, "will the last one leaving Seattle, please turn out the lights." Nothing in the past feels like this, not the Vietnam War, Y2K, DotCom bust, real estate crash, etc. Now, millions of people cannot make a living due to coronavirus lockdown, bureaucrats who have no knowledge of business set arbitrary rules of business operation, expecting a restaurant to survive at half or less capacity, etc. as an example. Shutting down marinas and parks given what we know about the virus seems ludicrous. In my mind, the riots are not about the unlawful death of Mr. Floyd, but the result of oppression people unconsciously feel over the shut down of their businesses, livelihoods, and way of life with no end in sight. His death just became an excuse for rebellion. The Fed propping up the market can only last so long before the giant bubble bursts; when? I don't know. But it will when reality finally rears its ugly head, and there is nothing the Fed can do to hide it. The "markets" are not markets as there is no true price discovery because of the complete manipulation. The Fed is not a person that is even capable of telling the truth or being your friend, or having a conscience. The Fed is a collection of evil people who are not making mistakes, or bumbling or making errors. These people know exactly what they are doing, which is orchestrating the theft of all assets, by illegally (unconstitutionally) printing notes (not money) to buy every asset they possibly can, At the same time, of course, a lot of those dollars are being used to buy the junk debt of their "friends." The reality is there are two societies, Wall Street and Main Street. There are two economies, two currencies, two sets of laws and justice, etc... The current stock market clearly shows the disconnect. Time to find other asset classes because Wall Street is eventually going to destroy both currencies and society in general. Fundamentals no longer matter in this market, so calling it overvalued is meaningless and irrelevant. This market is operating under the Greater Fool paradigm, and the FED has created trillions to give to these fools, ensuring that its only direction is up until the system crashes. Here is why I believe the stock market rally will continue to exceed expectations. #1.) Because everybody and his chart is bearish. #2.) Everyone thinks the short trade is so obvious and easy. #3.) HFTs and Prog EFTs will crank the bid and wash short stops on the above again and again and again and again. #4.) Because the largest companies now have a total monopoly with no small business competition. #5.) Because the public asswipes run to get their MCDs and Ikea crap as fast as they can, showing they have loyalty and comfort. #6.) Because stocks are the only game in town, up up up up up - just like Zimbabwe and Venezuela markets. #7.) Because as we have seen since 2008, the inflation goes into the equity markets - the rest be damned. #8.) Because there is no market, it's completely rigged - just slap a zero on the end of the Dow and SP500 and make everyone happy and be done with the farce. Here's another more couple of reasons why the Market could stay or go higher. First, its a hedge against a coming hyperinflationary event and collapse of the dollar. Second, millions of more layoffs could improve or at least stabilize corporate earnings as revenues decline. The bear case is 25% unemployment and violence in the Streets. Oh, wait a minute!! We have that now. The Fed will buy everything in sight and copy the playbook of the Bank of Japan. It'll work until someone turns on the light switch. It sounds very much how Joe Kennedy knew to sell just before the 1929 crash - his shoeshine boy was talking about his stock holdings. It looks like we have a shoeshine boy rally. The correct time to short the market and go long, the commodity index will be when "regular folks" have zero funds remaining, and the central banksters and their buddies own everything. In other words, it is rigged folks, and not rigged in your favor! When the market does turn, all that wealth will be lost in a heartbeat. The young and stupid will be burnt, badly. It'll take a generation to recover. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Just because we have muddled along putting band-aids on our economy does not mean that we have accomplished a great deal. The Trump economy has been a continuation of deficit spending. We have postponed the day of reckoning but most likely made it far worse. We’re in the biggest mess we’ve been in since the 1930s. True price discover totally gone! We have seen a growing amount of central bank and government intervention in markets over the years, bolstering the argument that true price discovery has been distorted. Today these forces, including stock buybacks and what has become known as the "Plunge Protection Team," appear to jump in at any sign of a pullback. This destroys true price discovery and the proper pricing of assets, which are the bedrock of free markets. In simple terms, the whole world is on a path that avoids real reform and bails out the very people that caused many of our problems. The good or bad news depending on how you look at it, is this "great manipulation" will not work indefinitely. Eventually, it will come crashing down around those in charge. The fed is a huge risk to humanity. Going short on stocks? - That's financial suicide. Every sane person on earth knows by now that the FED has an iron grip on the direction of this market - UP. Jerome will buy the entire market. Never fight the Fed. The problem with the Dictum 'Never fight the Fed,' is that it is right...until suddenly it isn't. If you fight it too early, you lose opportunities... But if you don't fight too early, and instead fight too late, then you lose EVERYTHING. The big set up is happening. I believe the market will suffer a catastrophic crash a couple of months before the election wiping out middle-class retail investors. Trump will be blamed in another move orchestrated by the Deep State. In other words - for a few months more, this market is going nowhere but UP. That's where making money is going to be for a while still. I remember the dot com bubble well. However, this market would make those daytraders even blush. Hertz, a bankrupt company, with massive debt, whose main stockholder bailed rose 100% on NO news today. Even tulip bulbs could be used to grow tulips. This market is the last man out Ponzi scheme. This was The Nomad Economist. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Wall Street is The Largest Gambling Casino in The World -- Economic Collapse ,Market Crash Looming!

noreply@blogger.com (Politico Cafe) — Wed, 14 Oct 2020 12:32:00 -0700

👉Wall Street is The Largest Gambling Casino in The World -- Economic Collapse ,Market Crash Looming! Wall Street is the Largest Gambling Casino in The World -- Economic Collapse Stock Market Crash Looming The market is grotesquely overvalued. The strength on Wall Street is now driven by Just Printing and Buying, No Economy is necessary. The FED goes pedal to the metal with their criminal manipulation of US equities; as the first legalized Ponzi scheme in the world continues the greatest redistribution of wealth in history. This market is going to all-time highs and way beyond. You cannot shoot trillions of dollars into equities and not have it respond. I've never seen a market lying to itself like the current one. Bad news becomes good news on demand. More distrust in the moves is bullish . Ever heard the expression "Bull markets climb a wall of worry". As long as the Fed keeps printing and dumping money into the financial markets, stocks of all types will go up. The instant it stops, there will be a huge collapse. Market cap to GDP is currently sitting at 186.9%, the highest ever recorded. It's up from 152% at the beginning of this year. By comparison, during the March lows, that figure dropped to 132%. Anything over 135% is considered significantly overvalued. And before the recent meteoric rise in this measure, the highest ever recorded was 138.4% during the height of the Dotcom Bubble. What I'm trying to say is, this market is hilariously overpriced. US markets are so grotesquely manipulated and overvalued as to no longer be even recognizable anymore. When the reckoning comes, and it will indeed come, it will be historically catastrophic. America, you have let crooked and corrupt politicians destroy your country! Zero interest rates have destroyed the saver(middle class). Over 5 trillion have been stolen from the middle class to subsidize the stock market via zero interest rates. Add this with the planned shutdown to boost the market share of the Amazon's and Walmart's of the World while at the same time forcing Mom and Pop businesses to shut down. This also stopped the velocity of money, which was already at historic lows allowing the FED to PRINT, PRINT ,PRINT ,with little inflation. This is the mission of the FED coming to fruition to be the buyers and lenders of last resort!!!!!! This is THE NEW AMERICA where the banksters run the world Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. As many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where I personally buy American Silver Eagle; and Silver Bars or Rounds. I highly recommend that you too start stacking some Silver Bullion for the future. "Government printing presses were running a race with starvation - and failing." (Atlas Shrugged by Ayn Rand). Keep the presses rolling; there will be no more bread on the shelves. The Fed printing money and turning it loose in society can only be compared to drug lords making meth and handing it out society-wide. Soon, everyone is hooked. The Fed creates currency, i.e., bondage, and nature creates money, i.e., gold. And worldwide countries are printing like a drunken sailor and buying gold. Central Banks are buying gold at a torrid pace because they know their scam is up. So they buy it now while it's cheap with counterfeit currency; when all currencies collapse, the value of that gold will skyrocket. All money is created by being borrowed into existence (owing interest). If everyone tried to pay all the debt, the money would run out before the debt was fully paid. This is a real-life algorithm, and it will inevitably lead to the lenders owning the whole planet. Fed criminals will change from paper counterfeit currency to digital counterfeit currency and want to make the transition seamless for the chattel. The US Dollar is going to collapse, and The Fed criminals know it because they've engineered it, and we'll have hyperinflation globally. You'll fare better if you have silver and gold since both are money and will appreciate exponentially at the time of the collapse. In our current age, money is just an electronic blip. It can move from one account to millions of accounts in a fraction of a second. The only thing that separates the wealthy from everyone else is the government. As the politicians and their cronies destroy the very systems that were built primarily to protect the wealthy, it also exposes them to the very real risk of losing all of their wealth. This could happen almost instantly. The government is currently overflowing with its own corruption. The government, now severely understaffed and filled with even more incompetent and corrupt people. In theory, if the Central Banks buy up all the stock in the critical companies - housing, farms, and eventually utilities, roads, and energy companies through government-sponsored entities like Fannie, Freddie, etc. then they become outright owners. When they own everything, then currency no longer matters. In the past, money implied the ability to have fractional ownership in the stock market. But as these giant entities like Blackrock act as go-betweens for the Central Banks to own everything, then the currency is mooted. If you own everything outright, then you can make up whatever currency you want- and that will be a digital currency that will be tightly controlled by the new owners. 97% of what people refer to as "the money supply" is nothing more than theory induced figments of the imagination, which only exists as bank managed, electronically manipulated accounting entries (a.k.a. bank deposit liabilities) that people use as a line of bank credit. And that line of bank credit is totally dependent upon the bank's ability to maintain accounting solvency, which, in turn, is dependent upon maintaining the asset values primarily created and controlled by the world's largest gambling operation, that is Wall Street. When this bank debit/credit system fails, it won't be in a hyper-inflationary flair, but in a hyper-deflationary implosion where bank debt-based credit goes "!POOF!" out of existence, and all anyone will be left with are the debts. This will also mean that all of the commerce comes to a screeching halt; nothing moves anywhere. Do you know your chain of supply? Something to ponder. Those who control and run IMF, WB, EIB. They have destroyed the world economies over and over again to meet their short terms/short-sighted goals. America and its constitution is the only hope for a free world, but it’s European American political leaders are too weak-minded, realizing the great God-given power which they wield! They have allowed the uncapped, unregulated Capitalism to get the best of their soul! It’s such a shame. Powell has lamented many times that the FED does not have spending power. It can only lend. That balance sheet was created using reserves. It sounds like money. There is a store of value and a unit of measure, but they are not legal tender. Reserves just sit at the central bank. QE is nothing more than an asset swap. The FED explains. But what about the credit facilities. You know, the Special Purpose Vehicles (SPV) Powell and Mnuchin came up with to buy all that debt? Ah, yeah, those are loans. It's all debt. The FED can't print money (yet). That's all money, some in the form of reserves, some in the form of debt. The FED, through QE, creates reserves on behalf of the banks in exchange for debt. Member banks use their own liquidity to buy debt. That debt is then sold to the FED, but instead of giving the money to the banks, they place it in reserves on behalf of the bank. Those reserves are NOT legal tender. They cannot be spent! Even when corporate bonds wind up on the FED's balance sheet, they still have to be serviced! It's not like the FED forgives the debt. Reserves are created out of thin air. Money is lent into existence and destroyed when paid back. That’s how a debt-based system works. The FED does not have the power to spend directly into the economy. FED Chair Powell mentioned this the other day. The FED can only create reserves to lend against. If there is no lending, in excess of repayment, there is no money being created. Money is destroyed when loans are repaid. In a debt-based economy, the debt must expand beyond repayment for growth to occur. When we borrow, money is created in the economy; when the government borrows, they do so from existing dollars, thereby shrinking the amount of liquidity in the system. It’s an exponential debt game. The reason QE worked before is that everyone believes it's inflationary. That causes people to spend and borrow. Powell even said the other day, "Forward Guidance is our most powerful tool." i.e., "Getting you to believe something is our most powerful tool." QE is not going to work this time. What will? Making those bank reserves legal tender! In order for the FED to actually create money and spend, the laws will have to change. For congress to change those laws, they will need a historic monetary crisis. The FED needs a massive deflationary event so congress can sell this (reserves becoming legal tender) to the public. The real crash is coming. We are so broke the amount of spending needed is astronomic. We are headed into a complete economic collapse brought on by the Central Bankers of this world. They created money out of thin air and took tangible assets as surety, and gambled with the rest. Our currency is backed by speculation because the basis for the value of the currency lies not in the country’s economy or gold or silver but by rates set by a few persons working with a select cartel. America printed over $150 Trillion of totally unbacked currency. But that is now over. We have a bubble economy, bubble markets, and a massive bubble currency. The treasury bonds are absolutely worthless now and are being rejected, the inflation is about to shoot through the roof, and the Fed is going to have to put interest rates to above 20% when the bubbles all pop. 2021 the USA will be a third world economy, and the military will no longer be affordable. How about the Fed even buying Junk Bonds! That, of course, is illegal, so they paid Blackrock millions to do it for them. No coincidence that Powell just happens to have a stake of over $11 million of his own personal, unearned wealth in guess who, Blackrock. Blackrock has so many ex-Fed maggots on its board that it seems to be turning into the damn Fed. The entire banking and big Corporation system of the West is now as riddled with corruption as an old sideboard full of woodworm. It is beyond treatment. The people of the West are that sideboard being turned into dust by the worms of big banking and big Corporations who bought the politics they wanted in order to escape any restraints on their conduct. Central Banks have simply aided their looting of entire economies. The central banking cartel wants every possible country overextended. The problem, reaction, solution. One in which they can collect in hard assets and generational debt, aka slavery. The collapse of the current fiat system also opens the door for their “great reset,” biometrically controlled commerce, etc.. Total control of the chattel is what the powers that shouldn't want, and they'll get it. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

👉Stimulus, or More Stimulus, That is The Question now.

noreply@blogger.com (Politico Cafe) — Tue, 13 Oct 2020 11:14:00 -0700

👉Stimulus, or More Stimulus, That is The Question now. Stimulus, or More Stimulus, That is The Question now. As Peter Schiff said, the president is now in the process of out-Democrating the Democrats on the stimulus issue. The markets know who butters their bread. There are no more fiscally conservative parties in America. There is only the market that counts, and it needs more free taxpayers money. The Stimulus talk is doing exactly what it's supposed to do; Keep the market up until November 3rd. That's the only reason we had stimulus talks. It got us to earnings; now watch the beats roll in, and markets climb another 10%. Stocks can only go up. Let us borrow our way to prosperity. What could possibly go wrong? But the stock market is not the economy. Less than 50% of people have any exposure whatsoever. The bond market is broken, the stocks are overvalued, currencies are being inflated, no one is paying rent- residential or commercial- and people are out of work. Millions of Americans are unemployed or in danger of being evicted or defaulting on their mortgages. There is no good news. Trump Says He Now Wants Bigger Stimulus Than Democrats Offering. More monetary Distortions. The Feral/Fraud [no]Reserve would eventually be doing QE to infinity by way of digitally-issued FIAT DEBT - dumped with abandon - into the global financial system through Wall Street. Big corporations make out like bandits, the people get a few crumbs, and things continue as they are. And remember the government spending is also included in GDP. Basically, the government can borrow money and spend it and voila GDP. Americans: Stimulus, please! Stock Market: Stimulus, please! House: Here you go, though it's not much. Senate: One Supreme Court Nominee coming right up! Trump did not create this bubble, but he made it 100 times worse. This bubble started when the Fed decided it was acceptable to monetize debt through Zero Interest Rates and QE. Another round of criminally manufactured gains, as the first legalized Ponzi scheme in the world, is manipulated back to the grossest overvaluation in history. And they will keep pillaging until there is nothing left. Yes, we are in a K Recovery. K as in KILL to 60% + of American Small Businesses... K as in KIND to Big Corporations... Amazon, Microsoft, Walmart, Airlines, Shipping, etc., etc., etc. The big players know we will need to flood the markets with our kids' cash to get us out of this quagmire. Always fun to watch these headlines run all week: stocks rally on stimulus optimism, then after stimulus talks stall or fail, "stimulus talks fail, stocks continue to rise anyway. Same thing as last year during the supposed trade deal optimism headlines that continued to drive equities higher despite failing in the end. Buy the rumor, don't sell the news (or for any other reason), just look for whatever hopes and dreams you can conjure up and use that as a bull case until it fails, then rinse and repeat. It's almost as if 2020 shined a light on what a big scam the equities market truly is. But but, we're bullish now because we're expecting record deliveries in 2030. It is not the stimulus amount of money that is the sticking point. It is who gets it. Trump & Mnuchin want to give it to corporations. As part of that looting, they are willing to help some workers (e.g., airlines), but the rest can drop dead. While Pelosi wants to give it to helps rescue badly mismanaged Democratic states whose ridiculously generous government pension packages were vastly underfunded prior to the pandemic. Those in the well-managed states do not want to fork out their own money to help other badly managed states. That's double taxation. People and state governments which have suffered huge tax revenue fall and will soon need to start layoffs. But those jobs don't count for the politicians. Both parties have sold the US citizen down the river, and continue to. There is only one party left. And that is The Stimulus Party. We are lagging the Soviets for about 30 years. We'll get there eventually. Thus why to buy gold. It won’t be caught up in this messed up economy that could go haywire at any moment. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle; Or Silver Bars or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. Disney stock higher because they are gearing towards streaming. Theatres across the world are closed. Amazon stock up because no one goes to malls. But the stocks are overvalued. The price to earnings is too high. If the Fed backed out of the bond market, it would all collapse. Stimulus off-market tanks. Rumor of stimulus on market rallies. After the Stimulus market tanks again. Buy the rumor sell the fact! Robinhood investors have proven the so-called markets are nothing but casinos. When the Federal Reserve and Stimulus are the only reasons for the market to go up, you should realize that Capitalism is dead, and we have a Fiat market like a Fiat currency. Fundamentals don't matter. Totally rigged, manipulated, controlled so-called world markets regain footing on banana peels and grease. Fundamentals ended back around year 2000. The biggest question should the markets crash to 0.0 before or after the 100% fraudulent World alleged but never possible digital currency is rolled out? Apple and Amazon, multi-trillion-dollar companies, up 5% on absolutely nothing. This level of volatility is indicative of a highly unhealthy market. We basically have swings based on low volume trading after hours, after which the algos and High-Frequency Tradings kick in to try to front-run the foolish retail investors. We need to take out the trash, not encourage more of this behavior. That means a financial transactions tax, a complete repeal of the corporate tax cut, and we need interest rate normalization. Seriously, this market is completely grotesque. So many people seem to think that companies like Tesla or Apple, or Amazon running up 5-10% on a regular basis makes perfect sense. Apple is up 110% year-over-year. Tesla is up a dizzying 760%. What could possibly justify these ludicrous climbs? Here in the real world, these are the signs of a market so distorted as to no longer be recognizable. The flimsiest of pretexts (or sometimes none at all) is all that's required for stocks to soar, but they don't drop even in the face of devastatingly bad news. How long can this really go on for? The reckoning is going to be of historic proportions. Market cap to GPD is currently sitting at 186.9%, the highest ever recorded. It's up from 152% at the beginning of this year. By comparison, during the March lows, that figure dropped to 132%. Anything over 135% is considered significantly overvalued. And before the recent meteoric rise in this measure, the highest ever recorded was 138.4% during the height of the Dotcom Bubble. What I'm trying to say is, this market is hilariously overpriced. US markets are so grotesquely manipulated and overvalued as to no longer be even recognizable anymore. When the reckoning comes, and it will indeed come, it will be historically catastrophic. And then what it comes crashing down, the fools like Powell, Mnuchin, and the other sycophants will be standing around looking dumb, wondering, "How could this have happened?" It's like the kid who is told by his mom to stop throwing a ball around the kitchen and then looks SHOCKED when he finally hits a glass which shatters on the floor and makes a mess. Smart investors have been warning about the long-term consequences of enabling reckless risk-taking, endless QE, bailouts, ZIRP, all while half the country suffers, and each time, these people are dismissed. When the reckoning comes, the sycophants will be screaming at the wise men, saying, "Why didn't you warn us?!" What's even worse is that when the reckoning comes, those who get massacred are going to demand a taxpayer-funded bailout. The mom and pops, and the robinhooders will be crying while these fraudsters move to island countries, where teen whores are plentiful, richer than they ever were. The currency hyperinflates. The dollar will be turned to dust to keep our corporate overlords happy. Permanently low-interest rates, debt monetization by the Fed, QE infinity, and corporate bailouts all encourage the worst possible behavior from companies. The airline industry dumped more than $20 billion in stock buybacks in recent years, and we're seriously talking about bailing them out for a second time. Let investors bail them out or let them go belly up. It's not like new companies, or decently managed companies won't be able to spring from their ashes anyway. After 2008 it seems like our leaders decided that a) recessions are to be avoided and fought at all costs, b) corporate socialism is as American as apple pie, and c) that spending the wealth of future generations to perpetuate the terrible behavior of today and prevent Boomers from ever facing the consequences of their actions is apparently how we reach "permanent prosperity." My generation and my children's generation will be buried under more debt than we can ever reasonably payback. The consequences will be dire. And the masses must be kept in debt. Otherwise, they are free to do stuff the elite do not like. It’s an exponential debt game. At this point, isn't it oxymoronic to singly focus on the economy - economy meaning stock market. As corporations took advantage of re-engineering their operations, reducing headcount sans severance pay, extended benefits, early retirement buyouts, Mayors/Governors were pounding in the last nail on the coffin of low-mid income workers who received all those pink slips. The problem is twofold - (1) workers earned more money, not working than when the hind teat of the fatted calf dried up. (2) their jobs have been eliminated, and fewer jobs are available. The debt can was kicked down the road with moratoriums on evictions/foreclosures/student loan payments. Unless PPP receives more funds and the average American receives some relief, there may be coal on the Thanksgiving and Christmas table except for those upper-income workers unaffected who have been refinancing their mortgage and debt at breakneck speeds. We're at that point where the question on collapse is a matter of how soon? The moral hazard was breached in the 2000 and 2008 crises that were staged to bail out Wall Street. The most recent bailouts included an insulting $1,200 instead of $1.2 Million per taxpayer. Race to the bottom! It's all going to Crash; we're just voting to see who is Captain of the ship while it is going down. Actually, We're voting for the stewardess; we never get to see the captain. The End game won't be pretty, no matter who wins. Fasten your seat belt; it's going to be a rough ride next few years. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

👉3 Reasons why The Dollar is Losing its Reserve Status !!

noreply@blogger.com (Politico Cafe) — Mon, 12 Oct 2020 07:42:00 -0700

👉3 Reasons why The Dollar is Losing its Reserve Status !! As goes oil, so goes the dollar. A Dollar Crash is Coming. The Dollar is gradually losing its World Reserve Status. Today The world is having serious doubts about the once widely accepted presumption of American exceptionalism. The era of the US dollar’s “exorbitant privilege” as the world’s primary reserve currency is coming to an end. China has been selling US bonds for a few years. Japan's purchase is not keeping up with supply from the treasury. The domestic economy can't buy all the new supplies because that causes the repo crisis last year. The Fed has to buy all the new deficit spending bond by using freshly printed Dollars. They are essentially fueling the stimulus with the Trust in The Dollar. This Trust is not infinite. There may not be one single replacement as of yet. The answer is a basket replacement, where the USA will still likely be first among equals, but not pre-eminent. Just in the last three years, The Dollar has fallen from 63% of global reserve holdings to 58%, part of a 30-year trend. At some point, a tipping point will be reached. Since 2000 the US dollar has declined as a reserve currency. The dollar will certainly be ceding primacy to a mixed basket. While the US dollar will be the largest single currency in the basket, instead of having a hard to justify the premium for its market value, it will face the same buffeting and assessment that other currencies now live under. Will most Americans know or care? Not in any immediate, material way, but make no mistake about it, at the low and middle end of society, Americans will be noticeably less well off than they have been, both in comparison to their parents and to similar people in the rest of the developed world. In the short term, there is a devaluation. A big one and probably the replacement with a basket of currencies weighted for the relative volumes of trade and administered by a recognized independent body...( that debars the World Bank and the IMF ). The position of the US currency is a relic of Bretton Woods. The best days are behind it. But America fights to ensure the benefits are not taken away. Other potential rivals are not yet strong enough to take the crown, and it will take a joint effort. But it is on the train. And when it happens ( more likely as a basket of currencies ), America will be left to pick up the pieces. That task will include the Deficits and the sheer volume of dollars repatriated. The British went through this, and the cost to the British people also recovering from World War 2 was enormous. The US dollar is overvalued at least by 40% against emerging and resource-based economies. A currency that is devalued by 40% can still remain a reserve currency. There is no requirement that there be a replacement for the US dollar. All that is needed is a DXY devaluation, along with higher interest rates. That's all, and there is a precedent in history for both. The US actually has a trade surplus against the world when measured in terms of hard physical goods, i.e., a massive physical goods surplus against China in exchange for a paper that is being unilaterally being printed by the Fed. This has been a most excellent bargain since 1971. I think what the rest of the world is now waking up to is that they want something more tangible or they want a lot more of those dollars in exchange for the same physical goods, and also vehicles to park those dollars, which will yield a lot more than what the treasury bonds currently offer. Therefore, the dollar has to go down in value, and interest rates have to go up—both significantly. The value is placed on it by the people. When they stop pretending it is worth something, it will collapse. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle; Or Silver Bars or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. The place of The Dollar as the world's reserve currency has been around for decades, and nothing has been done about it. But three things are now different: First is the fact that the US now accounts for only 10 percent of global trade and 15 percent of global GDP but half of the trade invoices and two-thirds of global securities issuance. This is stressing financial systems and causing a lot of hurts. Secondly, the Trump presidency has made much of the world reassess the assumption held since World War 2 that the US could always be relied on. The Trump administration will not last forever, but it will leave a legacy: it is now clear to the world that the US political system is not as robust as it was once thought. Who knows how future presidents will act, and how they might choose to weaponize the US dollar? Thirdly, in the past, there has been no real alternative to the US dollar, which is a major reason why the dollar hegemony has endured. But now it is possible to create a virtual reserve currency from a network of digital central-bank currencies. Of course, the role of the US dollar will not vanish overnight. But it seems likely that its days as a global hegemony are numbered, and with it the US dollar's strength. It will be interesting to observe the effect on the US consumer over the next decade or so. The timing is uncertain, but the US dollar's decline does look inevitable. The system now denies inflation, prints money that goes to wall street, which hands it out tax-free to the 48% of the country that own stocks. The ones who own stocks benefit from the printing. The other 52% just get the inflation the bill for bailing out the banks for selling fraud as AAA and stagnant wages that is not measured. The dollar blows up when the 52% can't afford a roof over their heads or to eat. Due to the recent American overuse of our stranglehold on financial settlements to damage our enemies with sanctions, in particular against Iran and North Korea but also Russia. Alternatives will be found, effective ones eventually, which may provide a crack in the dike that spreads into a flood of dollar workarounds. The U.S. weaponized SWIFT. Asian and Middle Eastern countries have had enough, moving away from SWIFT onto their own systems. People underestimate the impact of Saudi Arabia, Iran, Turkey, Russia, China, Egypt, Israel, UAE, Bahrain, etc. getting off SWIFT. This is not about the dollar. It's about the petrodollar. The EU and China will benefit tremendously from new emerging technologies, and so will the USA, but in relative terms, countries, and regions without oil and gas will benefit the most. It won't happen overnight, though, but we'd better start learning to live within our means because, in the future, we won't be able to print our way out of trouble as easily. As goes oil, so goes the dollar. Not to mention Digital Yuan and Ripple's XRP. The Saudi transferred over $400B US Dollar through XRP, bypassing SWIFT and the Dollar, saving a lot of money and time. As the US stop innovating the strength of the US Dollar currency and banking system, new technologies are going to challenge and eventually replace the Dollar on the world stage. No more unlimited deficit spending and sanction power. In theory, the U.S. dollar should depreciate based on Current Account considerations. But for that to happen, foreign Central Banks -- including PBC, ECB, and BOJ -- would have to stop accumulating reserves to prevent their local currencies from appreciating against the U.S. dollar, and excess global savings (financial flows) would have to stop coming to the U.S. Also, China would have to lift all capital outflow restrictions on the yuan, including eliminating the $50k annual personal allowance limitation. So, as Yogi Berra once said: “In theory, there is no difference between theory and practice. But in practice, there is.” A great reason to onshore U.S. manufacturing! We off-shored a good chunk of our industrial base to save money (labor costs). Now, significant U.S. dollar devaluation could change that calculus. The dollar is right where the federal reserve has manipulated it to be. When the Federal Reserve is the only one in the country allowed to price fix, this is the result. Markets with price-fixing from the federal reserve we don't have markets. The cause of the savings decline is from the federal reserve policy. The Fed has made it illegal to save. They have destroyed the time value of money and given it away to its owners the too big to jail banks. Bailing out banks who sold fraud as AAA with the interest that savers once got. The banks used to be partnerships where if they took on to many risks, it was the partners who suffered. That all changed in 1980 when the banks became a corporation. Nowadays, profits go to management with stock options, and bonuses and the stockholders, taxpayers, and savers pay for the loss with bailouts. Also, in 1980 after putting off the losses on the public, it increases the risk of gerrymandering the way inflation is the measure. If we used the 1979 way of measuring inflation, it would have been well over 10%, and the 28 trillion of printed money would have never been allowed to be printed and then stolen. It is the for sale to the highest bidder politician and the federal reserve robbing and pillaging the treasury that has gotten us to this point. The riots in the street are not from the police killing the black man in the streets; it is just the spark. The riots are from the federal reserve policies destroying the saver and his time value of money, giving it to the banks and wall street to commit more and more crimes with it. From denying inflation while the politician sells out the countries jobs and way of life to the highest bidder while the rule of law looks the other way. The FEDs mission since 1913 is coming to its last innings. The lender and buyer of last resort mean they are buying it all. As currencies devalue, the only safe haven will be the true money of gold and silver. Gold will be 10k and silver 350 Oz within five years. Bitcoin will be 50k or worthless as backed by nothing. From a historical perspective, the US is showing classical signs of empire in decline: ambitions and expansion far beyond its natural borders, internal contradictions surfacing, question marks over economics. However, historical perspective shortens time frames; in reality, empires were falling gradually over a century or centuries. All fiat currencies in history have failed from abuse from the banker and their politician. All currencies in history have failed in the end, sort of by definition: When civilization fails, its currency fails. The Pound lost its hegemony over the global financial system ONLY after fighting two epically expensive world wars. America has done the same,$7 trillion wasted in middle eastern wars. America is now in full tilt retreat. From unsuppressed insurgencies in our cities to gross political dysfunctionality to gargantuan fiscal debts, both public and private, we are now headed down a road from which we will not return. Strap into your seats tight; it's going to be a very bumpy ride. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

👉A Tsunami of Food Shortages and An Explosion of Poverty Coming to America !!

noreply@blogger.com (Politico Cafe) — Sun, 11 Oct 2020 06:19:00 -0700

👉A Tsunami of Food Shortages and An Explosion of Poverty Coming to America !! A Tsunami of Food Shortages and An Explosion of Poverty Coming to America “Who controls the food supply controls the people; who control the energy can control whole continents; who controls money can control the world.” — Henry Kissinger. It is being projected that there could be an “eight billion meal shortage” at America’s food banks over the next 12 months. In 2020, we are witnessing an explosion of hunger in the United States that is unlike anything that we have seen since the Great Depression of the 1930s. Tens of millions of Americans have lost their jobs since the start of this pandemic, and money is running low for a whole lot of people. In fact, there is a survey that found that one out of every five Americans will be out of cash by Election Day. More Americans are slipping into poverty with each passing month, and this has created an unprecedented surge of demand at food banks across the nation. Meanwhile, our growing economic problems are also causing donations to dry up, and so many food banks are facing a major crunch as we head into 2021. In fact, Feeding America is warning that their network of food banks is potentially facing an “eight billion meal shortage” over the next 12 months… Now add further complications. The price of meat is getting beyond the reach of many. Canned meat is predicted to be the next major shortage. Why? Much of it comes from Brazil. The pandemic has just about shut them down. A severe winter could easily push us over the edge. Even the world Bank warns of ‘extreme poverty’ in 2021. After 20 years of people rising out of poverty, the World Bank now says 150 million people could fall into what they classify as “extreme poverty” by the end of 2021 because of the pandemic and the associated recessions Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box ,links where you can buy American Silver Eagle ; Or Silver Bars or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. Feeding America, the nation’s largest food-relief organization, is warning of a six billion to eight billion meal shortage over the next 12 months, which could leave millions of Americans hungry amid the pandemic. The dire shortage comes as tens of millions of Americans have turned to local food banks for help amid the pandemic-triggered surge in unemployment and food insecurity. To me, that is a number that is almost unimaginable. How in the world are we going to make up an 8,000,000,000 meal shortfall? And of course that number assumes that things won’t get dramatically worse in our society next year. If they do, the true number could end up being far greater. This should greatly alarm all of us, because food banks are the last resort for millions upon millions of desperate Americans. One of those desperate Americans is a 32-year-old mother in North Carolina named Christian Sullins… “Quite literally, we had nothing, nothing in our account. Five mouths to feed and no income. It was just a really bad time,” Sullins says, adding that it was her, her husband, their two children and her elderly grandmother all living together at the time. Sullins turned to Loaves & Fishes, a local food pantry network, which is currently operating temporary mobile pantries in the Charlotte, North Carolina area. “At that point, my kids were hungry, and I was just like, Listen, I just had a baby. I’ve been out of work for three weeks. I have no income. My kids are starving — I need food. I have to do something,” she recalls telling an employee with NC Works, North Carolina’s central system providing employment help and career tools. Can you imagine being in a position where your kids literally have no food? We should be thankful that our national network of food banks has been able to help so many people throughout this year, but moving forward the system just isn’t going to be able to handle the crushing demand that is expected. In 2019, approximately 35 million Americans were dealing with food insecurity, but thanks to this pandemic Feeding America expects that number to rise to 54 million… The worse is coming. Local grocery stores, already coming up short due to lack of stock. It is going to hurt a lot of the locals. Some are elderly, with no car. Earlier this year the organization estimated as many as 54 million people in the US could experience food insecurity due to the pandemic. That’s a major jump from the 35.2 million people who faced hunger last year. Isn’t that crazy? We are the wealthiest nation on the entire planet, and yet more than 50 million Americans could soon not have enough to eat on a consistent basis. During this year I have made numerous videos about the massive lines that we regularly see at food banks all over the country. In some cases, the lines of vehicles have been measured in miles. Never before have we seen so much demand, and food bank workers are absolutely astounded by what they have been witnessing. Here is just one example… Greater Boston Food Bank president Catherine D’Amato says things are getting dire. ‘It used to be one million pounds out the door a week, now it’s two to 2.5 million pounds a week. We’re doing more in a month that we did in a year 20 years ago. Food insecurity has gone from one in 13 people to one in eight in Eastern Massachusetts, even higher for families with children,’ D’Amato said to the Washington Post. Prior to 2020, food banks could meet most of the demand from donations that they received. But now supermarkets and retailers are having their own problems and have dramatically cut back on donations. As a result, food banks are having to spend a tremendous amount of their own money to buy food… Food banks are buying a majority of the food now, whereas in the past they primarily relied on donations for the bulk of their supply. In fact, the average food bank in North Carolina spent about $80,000 a month on food last year, Darrow says. Now they’re spending an average of $1 million a month to purchase food. Could you imagine spending a million dollars a month to buy food? Things are crazy out there, and they are only going to get crazier. Ther are also growing food shortages that we are witnessing all over the globe right now. The top official at the UN World Food Program is warning that we could soon be facing “famines of biblical proportions”, and in some nations food riots have already begun. The good news is that the United States is in better shape than almost everyone else, but the bad news is that the number of hungry people is exploding here too. If there really is an eight billion meal shortfall at our food banks over the next 12 months, what are Americans that are desperately hungry going to do? Is the federal government going to step in to make up the difference? Of course the federal government already runs the food stamp program, and tens of millions of Americans are already enrolled in that. We like to think that we have the strongest and most prosperous economy on the entire planet, but the truth is that we have tens of millions of Americans that cannot take care of themselves, and that number is growing rapidly with each passing day. And as our economy continues to crumble, the hunger crisis in this nation is only going to escalate. We are moving into deeply troubled times, and I don’t think that our society is equipped to handle what is about to happen at all. Famine has been one of the curses upon humanity for a very long time. I think it is one of the things we have imported from foreign nations such as China. It usually follows warfare. We as a people have literally millions of regulations in our government agencies. This is a country founded on the principle of as little government as possibly to keep interference with people's lives at a minimum. It is currently unworkable. Neither the EPA or the IRS is going to be able to handle the current crisis. Will they put those heavy numbers of unemployed in jail come April of next year? Logistically we do not have that many jails built to handle that many people and feeding them may become a major problem if they survive close quarters with the current virus. You ask for a solution? When the country is run by billionaires there may not be a solution. It is no long term solution. But America needs to get back to those gardens if and when the grocery industry actually fails to provide. We need the knowledge to feed ourselves and gardens are a large part of it. We need to get back to storing foods in preserves in mason jars. These are old fashioned concepts. Ignorance is the real enemy here. It can be done in even the poorest neighborhoods. We need to cut back on the incredible expense of our bureaus. We cannot as a people afford them. In the near future we need to create jobs instead of a welfare check. Not everyone can do this. Welfare is a way of life for some people and that has to change for those that can and are willing to work. We will always have the disabled and these people have no choice but to be on one form of welfare or another. There is a form of slavery in this country and it is addictive drugs. You think you are not addicted? How many people reach for a tobacco product even with the knowledge that it will eventually mean cancer? And that is just a legal addiction like alcohol is a legal addiction controlled by state governments. Whether or not a socialist system of government under Democrats wins this time or whether we continue with a Republican, neither has come up with solutions that will work. Of course a system based on making money for the rich will not feed a growing population of poor people. You want something that works? It will require an investment in our youth. It will require changes that enable anyone willing to work to be able to prosper. It will mean changing our college system so it does not bankrupt anyone to get an education and qualify for skilled jobs in industry. It is going to require changing the addiction of our people to cheap retail goods from China. We have the technology right now to change the work week from 40 hours and then overtime to a situation where more people can be employed by simply going to a four day work week. And that is an 8 to 6 hour day. We need to change the qualifications for working so a college education is not necessary for the average person to gain skills and work. Some jobs require a 4 year college degree. Most do not. We also need to change education so people can challenge out of courses because they all ready have the knowledge. That means free college credit in those cases. WE need to put practical education first. That means teaching people to fix things. And knowlng when to draw line and get the skilled professional help when a job becomes too complicated for an average person to do. I want the auto industry completely overhauled so a car is fixable by an average backyard mechanic. Not a qualified technician at $90-$100 an hour. I do not want things like an alternator, starter, or any other thing likely to kill a car to be inaccessible under the hood. I want a complete investigation of the appliance industry that now produces refrigerators that die in 4 years. I want the monopoly in that industry broken up. These are the reforms the middle class requires to continue to exist. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

👉The Fed to Expand its Balance Sheet to more than $10 Trillion, As The Economy, The Markets, and The Americans become Addicted to Stimulus

noreply@blogger.com (Politico Cafe) — Sat, 10 Oct 2020 11:44:00 -0700

👉The Fed to Expand its Balance Sheet to more than $10 Trillion, As The Economy, The Markets, and The Americans become Addicted to Stimulus The Fed to Expand its Balance Sheet to more than $10 Trillion, As The Economy, The Markets, and The Americans become Addicted to Stimulus. What a gigantic everything bubble freak of nature we have created. It is going to be a massacre soon in everything. Then the suffering and death come for many. Dark times are coming; I can see the blackest of clouds moving in on the horizon. A vertical stock market in a depression where 800,000+ people file jobless claims every WEEK for seven months straight. Our dystopian overlords have deemed it necessary to create an insulting illusion with a cartoonishly fake stock market that is priced as if there was heaven on Earth. The Fed unveils plan to expand its balance sheet but still insists it’s Not QE. "We’re going to go in strong,” declared Fed Chairman Jerome Powell. The Federal Reserve said Friday that it would begin buying government-backed securities to expand its balance sheet, a move meant to keep an obscure but critical corner of financial markets functioning smoothly. The Federal Reserve’s balance sheet is exploding, growing by about $3 trillion since mid-March and now totaling more than $7 trillion. It could conceivably exceed $10 trillion by yearend, as the central bank buys corporate bonds, municipal securities and makes loans to medium-sized businesses while purchasing $80 billion of Treasuries and $40 billion of agency mortgage-backed securities (MBS) each month. This would be more than double the peak that the Fed's balance sheet reached after the 2008-09 financial crisis. By stimulus, all they mean is a couple trillion for the fat cats whose portfolios are already up 35% since the pandemic. Maybe a couple billion to be spread out to the peasants. We thought 2009 was the biggest rip off in history. This farce is ten times bigger, and the poor get poorer. For Bankers on Wall Street, Politicians, and government employees, it was not bad. For your hard-working Americans in the private sector, it was disastrous. For example, Yelp reports that at least 55% of the restaurant listed on Yelp will not re-open....ever. That's nationwide. In some areas like New York City, it's much higher. So while the Fat Wall Street CEOs and execs got Fat Fed's handouts, many others have gone bankrupt. I won't even get into the human suffering that occurred because people could not get to their doctor or dentist, etc. So what’s the bottom line of the Fed’s rapid balance sheet expansion? A massive redistribution of wealth to the 1% from the 80%. Welfare for the Wealthy. Preserving Privately held Profits absent any assumed risk while Socializing all losses and denying a safety net to those most severely impacted because you can’t keep the poor and working-class people poor.If you actually gave them money ... and basic moral and economic and tenets of conservatism and deregulated. The balance sheet is going way, way past 10 Trillion. And we can pray for inflation, but our prayers won't be answered. But this shouldn't surprise us. The financial sector's very survival depends on a deep commitment to the illusion of a recovery. How can we get a recovery in the teeth of a raging pandemic and massive unemployment! Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion.You will find in the description box links where you can buy American Silver Eagle 0.999 Fine Silver; Or Fine Silver Bars or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. All of this is crazy. They keep creating problems and then come to the rescue to fix the problem—only to create a bigger problem down the road. It all sounds so simple and wonderful. How come Japan wasn’t able to pull it off? There is already inflationin the markets. What would you call Amazon at 118 times earnings and 1.5 Trillion market cap! Microsoft at 32 times earnings! Apple, not that long ago, had a PE of 12. Now 29! I call that inflation. And what happens to yields and corporate income statements when the Fed funds rate starts rising? Right. There is no such thing as a free lunch. Sitting on yield is going to leave them with the choice of inflation or a wave of bankruptcies. And what about inflation from the declining confidence in the US dollar, brought about by virtually unlimited spending? Dollar falls, import prices rise. What about inflation from the possible increase in the velocity of money as asset prices rise, and helicopter checks arrive in bank accounts? We saw this movie post-2008 crisis. Even with a meager 2.5%, the stock market and President were having fits and cuts followed. Fed used the 2008 crisis (which was due to its own making) to expand its powers and balance sheet. Even with a supposedly strong economy and lowest unemployment, it could not reduce its balance sheet meaningfully. People who have a large amount of cash they don't keep it at home. Actually, they don't keep it as cash, mostly assets. That is where Fed's (unelected and partly owned by big banks) loyalty resided. Keep propping up asset prices no matter what is the effect on the general public. But mind you, Robinhooders have understood that, and they are having fun. Fed's hunger for more power or a larger balance sheet and that too with more market interfering tools will not stop till the US has become like Soviet Union (controlled by Oligarchs) or blown its credibility completely. Both are unfortunate outcomes. Make no mistake; this criminal Ponzi scheme will crash and burn back to reality. It always does. This time it will be incredibly ugly. Everyone invested will be asking themselves daily, "my god, is this real life?" A dying circus. Both sad and funny at the same time. Definitely a tragic comedy. The prospects for Christmas are very bleak, after which you will see many stores close for good and jobs lost. Main Street is on its way to the Emergency Room in cardiac arrest! Most people’s wages have stagnated for decades, where you could even say they’re making less than they did years ago. We are seeing massive civil unrest due to such injustices. The playing field is far from level. It’s a well-known fact that a lot of folks in powerful positions got there because of who they know or who they’re related to. Nepotism and cronyism have been around since the dawn of time, but the old guard is being replaced by the ruthless new guys. We should let the banks handle their own problems;too many zombie companies being run in WallStreet by them. 23% of S&P companies have zero profits. Handing them the stimulus is just suicide. Never Give a drunk a drink. A small bubble is better than a big bubble. Now the point of no return is here. It's 2008 all over again—only much worse. Expect the markets to move 2-4% when the stimulus deal is passed. The stock market makes no accounting for the number of unemployed people, the number of dead, those still waiting on stimulus. Those people are simply not considered part of the economy anymore. The money always just follows the law of marginal utility-- where more money can be made. It breaks all else under its wheel-- including human rights and humane treatment. We can't spend our way out of this pandemic. No matter how much money they shower people with, a massive chunk of consumers does not have big parties, taking trips, going to concerts, etc. etc. until this virus is a thing of the past. Any extra, they are squirreling away. Layoffs are just ramping up; they usually hit a fever pitch before the end of the year, which is nail #2 in the economic coffin. Nail #3 will be inevitable inflation that the fed says is OK to go over 2%. The only way out is negative interest rates. Donnie says he loves the idea, so we'll see, the Fed doesn't have much other ammo left. The money printing, as we all know for these benefits, was huge. We didn't gross domestic product; we printed it. The Mises Institute recently reported a 37.56% increase in the money supply, an extraordinary jump historically. Therefore for gold which if you believe the $1650 price in Feb (before the big print) was fair, then gold deserves $1650 x 1.3756 = $2270 an ounce . Our Challenge is, We are trying to save Capitalism. When the markets de-coupled from the Economy in 2008, they became a ship without a port. There are a number of overvalued Assets. But, the FED can't allow them to fail because it would negatively impact our GDP, which would then increase our "Debt to GDP Ratio." This could cause international investors to become hesitant about buying our "Bonds." This is a very intense situation known only to a few. China is silent for a reason. And the American public is dumbed down so much they can't balance a checkbook. And it doesn't matter. The checking account is in the red. Never have I understood why the Airlines need their own Payroll Support Program.!! Think they are entitled to unemployment compensation with its ill-advised and additional oversized funds just like everyone else. The intent seems to be to allow management and employees to have the same paycheck as before the pandemic. Traffic off 70% -- Full pay with nothing to do for so many. Just so wrong. Let's not forget the $ 49 billion squandered on share buybacks. Certainly, better use of the funds today. All for a helping hand but not a guarantee for lifestyle as before, Its a time of sacrifice and hunkering down. Twenty-five billion to help the rental situation would do more good than sending it to the airlines. Too bad Mom and pop landlords don't have as strong a lobby group as the airlines. A lot of landlords can't pay their mortgages because they themselves are leveraged to the hilt in debt. They need to rent money to pay for their properties. Operating a rental property is just like operating any other business. You have income, and you have expenses. Without income, there is not gonna be any cash flow. However, people are more sympathetic when it comes to other businesses (i.e., restaurants, barbershops). Nobody expects restaurant owners to offer free food or bars to give out free drinks. Why do people expect landlords to offer rental units for free? Landlords are small business owners too! QE is not capitalism at all. It is socialism in action. This is what socialism does over and over and over. Those in power redistribute capital. It is a socialist "planned economy" forced upon us and not free-market capitalism. Capitalism and central banking have nothing to do with each other. This is what happens when you confiscate gold from the people, then renege on your promise to pay gold to foreign countries, then use the paper gold market to try to suppress the price of gold by flooding the market with short futures contracts. The Ponzi scheme collapses. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

👉Debt More Than $27 Trillion, Bigger than The Economies of China, Japan, Germany and India Combined

noreply@blogger.com (Politico Cafe) — Thu, 8 Oct 2020 12:19:00 -0700

👉Debt More Than $27 Trillion, Bigger than The Economies of China, Japan, Germany and India Combined On October the 2nd, The national debt has for the first time, surpassed the $27 trillion mark. America’s National Debt is now greater than the size of the economies of China + Japan + Germany + India combined. Too much government debt right now and no means to pay it off. We will be in for a heap of trouble, no matter whose in office come 2021. Our growing National Debt is an issue for families across the US. The $27 Trillion national debt amounts to $210 000 per household or $82 000 per person in America. If every US household contributed $1000 per month towards paying down the national debt, it would take over 17 years. The 27 trillion dollars national debt is enough to cover a four-year degree for every graduating US high school student for 66 years. The interest that we pay on the National Debt is now the fastest-growing part of the budget. Nearly 1 billion per day on interest payments on the debt. Within ten years, the federal government will spend more on interest payments than research & development, infrastructure, and education combined. There was a time when the financial folks were fiscal conservatives. Times sure have changed. Why do our leaders still have jobs? Fire the Congress. The National Debt is so large that historically normal interest rates would CRASH the federal government as it tries to make its monthly interest payments. Normal interest rates would render worthless all the existing, ultra-low interest Treasury bonds, crashing all the big banks. As the Fed borrows and skyrockets the deficit into the stratosphere, and floods the system with every more artificially cheap money, consumers keep spending and borrowing. Zombies companies stay afloat as well. The Fed has destroyed price discovery, creative destruction, and free markets generally. All in the worship of Wall Street. Meanwhile, Mom and Pop retire cannot make any interest on their life savings and are forced to eat their seed corn or take their chances in the Wall Street Casino with the biggest everything bubble in history. The Fed painted itself into a corner and is now trapped. Oh well, at least we had that tax cut for the ridiculously rich, which did not trickle-down. This cannot go on much longer, and it's going to end very badly. The music is about to stop, find a chair. The GDP is 70% consumer spending tells us credit is used for consumption, not production. Demand for credit doesn't fall as production declines. Consumer prices will increase as production falls. Consumer DEFAULT will increase, especially since one can still get credit after defaulting. Also, older Americans want more savings interest. Thus, there is no such thing as naturally low interest rates in our future. Today's interest rates are low due to The Fed pumping endless credit into the markets. After the Fed stops, interest rates shall SKYROCKET because savers and creditors (including bond owners) have been screaming for interest income for decades. Every pension crisis is caused by too-low interest rates. With $27 trillion in National Debt, building a sustainable economic future becomes more challenging. At $27 trillion and rising, the National Debt threatens our economic future. I mean, it's not like we have to pay it back, right? It's the next three generations of Americans that will have to pay it back. So no problem, let's live like hogs. You know pigs get fat, but hogs get slaughtered!! Right now, there is no statutory debt limit. The USA could truly party like never before. Until we completely debase our fiat money. Bad things happen when a society's magic(currency/laws) stop working. We're in for a hell of a time. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Thank You. The debt was already at frightening levels, and adding 10% pushed it over the edge. The pandemic crisis has accelerated an already unsustainable fiscal trajectory. Congress says federal stimulus spending must continue due to the pandemic. According to Treasury Department data, the debt held by the public is $20.6 trillion, and the total outstanding national debt is more than $27 trillion. Which is now bigger than the U.S. Gross Domestic Product, the total size of the economy, which is about $21.4 trillion. They use another misleading concept. The argument they make is that the federal government has borrowed and spent more than $ 5 Trillion of money that was in the social security fund. So they use the term debt owned by the public to exclude debt owned by the Social Security fund. It is all debt that has to be paid back. The fact that $5 trillion of the debt is owed to another government agency means nothing!!! Just think of it as Enron accounting. What our government has been doing on many fronts are the same things that we have put people in jail for in the past - especially the Federal Reserve!! So how Much Debt is Too Much? It's no different than managing your own household debt. Once you get close to your own debt ceiling that you can manage, any emergency pushes you over the edge. The huge difference between the government ceiling and a household is the Fed. The household can't print their money, but the federal government can. So they kick the can via the Federal reserve. The federal deficit for the fiscal year 2019 that ended last September 30 was $984 billion. It has nearly quadrupled this year to a staggering $3.7 trillion, and this will skyrocket even further if another round of pandemic aid gets passed. These sums — so vast as to be nearly incomprehensible — get added on to the national debt, which as of last week surpassed the 27 trillion thresholds, up 33.6% on Trump’s watch. The US debt now exceeds the size of the entire economy . The Congressional Budget Office projects a federal budget deficit of $3.3T in 2020, more than triple that of 2019's shortfall, mostly from the economic disruption caused by the pandemic and the ensuing legislative response. In the fiscal year that begins on Oct. 1, federal debt held by the American public is also projected to reach or exceed 100% of US GDP for the first time since WWII. That would put the U.S. in an exclusive club of nations, including Japan, Greece, and Italy, which all have debt loads that exceed their economies. Ain't our lazy corrupt Do Nothing, corporate conservative Congress Great!! There are the best money can buy! Deficits don't matter, until one fine day, they do. How did you go bankrupt? Two ways, Gradually, then suddenly. Why should asset managers on commission worry about the national debt. They only worry about their commission. The interest rate shall artificially depress for the next decade or two or even into the infinity as the US is at no meant to pull itself out from the debt addiction. Everyone who read not from the mainstream media could figure out this is a bankrupt country. FED prints dollars and pass it to the treasury. The only reason it does not happen like what you witness in Zimbabwe is the US$ has a reserve currency status. However, we also knew that many countries are working to pass this and eventually abandoning using dollars for trade. The whole effects would surely make everyone who holds this currency nervous, and eventually, the trick of Modern Monetary Theory will come to an end. We have had high debt for so long that it has become accepted as a norm. We ignore the dangers. We have had a big surprise this year with the pandemic. We could have a big surprise another year that suddenly made the debt a much bigger problem. The reason the markets are not worried about the astronomical deficit rocketing ever higher is that they are making money, and they know when this house of cards collapses, it will Mom and Pop America and Main Street, not Wall Street, that pays the tab for this recklessness. Markets never worry. People profiting from current fiscal policy stay the course believing they'll take their profits before anything really bad happens. Thus far, there are plenty of greater fools doing their part to keep it going. It's all fun and games until the keg blows up from too much pumping. More pain is coming. It's okay to borrow to infinity for war, a virus, or to subsidize a tax cut to the extremely wealthy, but it's not okay for social security and medicare, which was allowed to be put in a trust fund (glorified IOUs). The veil is lifting. The magic is coming to an end. A great calamity is coming. Welcome to the arena! Interest rates at 0% force savers to push money into the market. The one percent insider traders make money on the push, then switch their positions to shorts and make money on the crash. Then the middle class is left holding the bag and have their nest eggs stuck in stocks that won't rebound for another ten years. Welcome to the American Dream. The insiders all sold everything weeks before the virus hit. What do you think they did in March? Buckle up! Welcome to the FED's ridiculously distorted economy. There is no free lunch. We Americans are taking it out on other countries that use the U.S. dollar. In Forex markets, the dollar has been falling. Other countries feel pressured to devalue their own currency, eating American inflation. China, a major inflation eater for Americans, is now balking because of the trade war. It hurts other countries to make life easy for us, especially their working-class people. But the real deal is that the dollar has the value it has because its the currency the world deals oil in. What would a dollar be worth if China's Petroyuan is launched as an alternative following a US loss of control over most of the oil in the middle east? Half the value? A third? Can you imagine seeing the money you have been saving for pension all your life lose 70% of its value overnight? The fiat money system has now been corrupted to the point where predators are now trying to feed on each other, having killed the real economy that was their main source of food. Fiat currencies are headed for the trash heap. The chance of the price of resources going up is as close to a lead pipe guarantee as at any time in world history. The U.S. government doesn't care how much money it hands out; this is the last raid on the treasury before the country goes bankrupt. The world has entered the greatest depression in history. The pandemic didn't cause it. $250 trillion in debt that can mathematically never be repaid caused it. Something bad is already happening.The central bankers are waging war on us. America is being taken down, and Americans are too braindead to even notice. The central bankers are getting ready to usher in their cashless society, global cryptocurrency enslavement plan. And of course, Americans have no clue. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

👉No Stimulus Deal Chaos Shakes up The Markets , Pushing America on the brink of Economic Collapse

noreply@blogger.com (Politico Cafe) — Wed, 7 Oct 2020 13:37:00 -0700

👉No Stimulus Deal Chaos Shakes up The Markets , Pushing America on the brink of Economic Collapse We have Sixty million out of work. Thirty million on the verge of homelessness.Thirty million without health care. One in 5 Americans who worked in the leisure industry is unemployed today. Long lines at the food banks with a four-hour wait. So many people have fallen into poverty, barely able to pay monthly expenses. Trillions get wasted every year while our elderly are hungry. We are staring down the barrel at one of the largest mass eviction crises in the history of this country since the Great Depression. Millions of americans are without jobs and waiting for the politicians in Washington to do theirs. Yet Trump and Pelosi could not agree on a stimulus bill. Trump halted stimulus negotiations only to reverse hours later. Yesterday he declared: the stimulus negotiations are off. And the stock market went into a free dive right after all the hope of stimulus finally dies off. Back to vaccine hope, I guess for the next pump and dump? But in an evening tweetstorm, Trump folds. And this morning, the Stocks are rebounding. Further proof of the drug-induced markets is more focused on bailouts and free money than the reality of the economy. The written is on the wall: The Stock market shall not live on bread alone, but on every tweet that comes from the president's phone.President Trump is held hostage by the stock market. The valuations of major indices have been simply too high by historical standards for years. This was due to low-interest rates, which moved demand from bonds to stocks. Indeed, America is not a country. It is a business. And a corrupt one with that. This sort of thing opens your eyes a bit. This is another case where WE are the product. The red/blue team is in business to sell our representation to the highest bidder. It is the only product they have to sell. And the mainstream media is their propaganda arm. Whenever the red, the blue, and the mainstream media team agree on something, you have to know something is fishy. We are a commodity to be harvested from light bulbs to Healthy Choice frozen foods to your email account, all products, and services. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Time to stop the craziness and propping of the stock market balloon. No more stimulus. Printing needs to end.No more stimulus to corporations. It is time for real capitalism and not corporate socialism. They could care less about evictions or food challenges or jobs. Forget about all the folks (tens of millions) effectively put out of work, who will never get their jobs back. The people don't get diddly-squat. The economy will take several years to heal. The average citizen is exhausted, and the older workers will hurt this go-round terribly. Poverty is bad now, but just wait, the needle will definitely have an ugly uptick. No Deal.No deal until after the next Congress & President is sworn in. State and local governments around the country, blue states, red states , are cutting staff because of a dramatic drop in tax revenue and costs related to dealing with the pandemic. All cities and states need some federal aid. We need to save jobs, not give out checks. DO NOT just pass out another round of $1200 checks. Use the money to help people pay their rent, but only those people who are genuinely affected by the lockdowns. Another round of standalone $1200 checks isn't going to stave off anything. Suspending all payroll and corporate taxes will be a tremendous stimulus with incentive for people to go to work. Less costly than the giveaways and way more productive. It doesn't take a genius to figure out that paying people to sit idle is bad for the economy. About time somebody said enough!! Airlines just announced a new wave of MASS layoffs. But wait until 2021. 2020 is just the warm-up of what's to come for unemployment. The large unemployment numbers coming from October are going to be the polar plunge for the stock market. If people don't have government financial sustenance, there is nothing the Fed can do to prevent the selloff. The quantitative easing to control interest rates isn't going to matter. The DOW will continue to drop all month now to under 20,000 as everyone begins to realize that even in November, December, and January, there will be no further stimulus or government assistance to help those victims of the pandemic, because Trump will hold a grudge and refuse to sign off on anything if he loses . The market is going to collapse people,big time. That happened because people (especially politicians & voters) don't appreciate long term solution. They need rosy short-term results to sleep peacefully. There you are: best stock market achievements with biggest debt, deficits & bubbles, backed by too-big-to-fail US Dollar adoption. The racket has been exposed, and most people have a sense that the people running the show are scoundrels or incompetent.Mostly both. The fact the markets are COMPLETELY disconnected from the realities on Main Street America speaks volumes to the levels of greed, manipulation, and power. Tesla, a company that makes a tiny fraction of the cars in the U.S. and loses money, has a market cap that is four-times larger than the big three automakers combined. Apple stock is up 70% in 2020 and nearly 500% since 2015, with a market cap of $2 trillion. The tremendous gains come despite a slight decline in earnings growth since 2015. Jeff Bezos and his now ex-wife are worth $200 billion. CEO’s in the United States, on average, make more than 300 times the average wage of workers. Household net worth just hit new all-time highs, but 70% of Americans have less than $1,000 in savings, and 45% have nothing. It now costs the average worker a record of 114 hours of pay to buy one share of the S&P 500. Despite high unemployment, a recession, and acute levels of uncertainty about the future, stock markets are new record highs. The Fed, together with the Banks, should stay away from the Market because the valuation is really really bad. How does investing in the stock market casino help the main street? All it does is remove cash from productive use. People who are buying inflated stocks are not spending that money elsewhere. And when the house of cards comes crashing down, this entire facade will come down with it. Whether the bubble pops now or later, the mess is unfathomable. The markets are not the economy. Markets represent only the most successful and well-capitalized businesses. These businesses are aggressively gaining market share as small privately owned businesses are acquired or killed. There are very few times in history that show a market equally overvalued to the one we have today. The common theme in equity markets over the past two decades is that you have a significant market decline when a recession hits. The declines lasted quite a while during the dot-com and housing bubble implosions but were over very quickly with this recession because this is the first time QE was used at the start of an economic contraction. No matter how aggressive the Fed is, I think we'll either have a steep decline in equities over the span of a few months or the market sits around for many years, hoping the economy catches up to meet its demands. The Fed is the culprit on this one together with the Banks. It will take decades before this is Ironed out. It is past time to place much of the financial consequences of the pandemic on the Fed Reserve. For 20+ years, the Fed has maintained interest rates at considerably below market rates, explicitly and tacitly telling all to NOT save. U.S. personal savings dropped from 10-15% in the 1960s - 80s to less than 4% by 2004-06. Despite the Fed zero rate policy, the pandemic has frightened people to increase their savings rate to a record 33% by April 2020. The Fed not only continues printing money and buying assets, increasing their balance sheet to approx current $7 trillion, but seem to constantly compliment themselves for the actions the past few decades. Wall Street is thrilled with Fed actions, as are those who own stocks and other assets. Not so good for most of the population. Nor for the intermediate to long-range projection for the U.S. economy. Not good for the young people who will be picking up the tab either. The Fed has pumped the market into joke territory, with even hardened investors shaking their heads at the recklessness and short-sightedness. I only see one way for future generations to deal with the current generations using up the resources and leaving a huge monetary debt. Watch the dollar crashing. I don't want another stimulus check. I don't want anymore stimulus anywhere. It is bankrupting the country and future generations to backstop wealthy insiders who made wrong-way bets on debt instruments. I want them to shoulder all of the losses of their reckless gambles. I hope things get better, But I look at all the damage to small businesses around the country, and I don't see how things are going to recover any time soon, no matter who's in office. Personally, I never believed there was going to be a V-shaped recovery in the first place. You can't just shut down an economy as large as ours, and as fragile as a free market economy is ,and expect it to just bounce back as if nothing ever happened. Too much privately owned federal reserve bank interference since 2008 fleecing the public. How does the middle-class recover when the game is such a fraud And only favored for the rich 0.01%? We never saw Walmart closed, Amazon, Lowe's, just mom and pop. Things are not going to get better. We will never return to the normal of a year ago. What we are currently experiencing will be normal we will want to return to in a year from now. I wish things would get better, but smart people will be getting ready to weather out the storm that is coming. With layoffs continuing, unemployment still high, many businesses suffering or permanently closing, local and state governments struggling, and millions of unemployed facing foreclosures, evictions, and bankruptcies. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!