Global recession, a virus pandemic, trade wars, soaring geopolitical tensions, supply chain disruptions, and tens of millions of working-poor crushed deeper into poverty! The country is barreling toward insolvency, the economy is tipping over, and there are not many tools available to kick the can. Eight hundred thousand lost their jobs the week before Christmas. Twenty million getting unemployment benefits out of a workforce estimated to be 160 million. Consumer spending slumps as savings buffer nears depletion. Yet, if you thought 2020 was wild. Get ready; You ain’t seen nothing yet. 2021 will be an absolute sheet show to the tenth power.
Hope you are ready. They have tested you, and you did not fight back. You allow your government to spend trillions of dollars on the biggest bloated pig of all time. So you will be tested further. We can’t take care of our own, yet this huge sum of monies goes straight to K-Street lobbyists. And the FED keeps printing trillions, and the politicians keep pledging trillions, and it all goes into asset bubbles for the wealthy. The wealthy are getting their wealth out of cash and bonds into Commodities, farmland, and stocks.
The big bang is getting closer. Wall Street and Real Estate are the only two games in town with ultra-low interest rates; The bubble was created by the FED. Inflating the economy is playing with fire. Most of the stimulus money is really just free money to Wall Street. Those impacted see very little help. For example, from the market low in March, valuations have increased $4.7 trillion, but individuals only saw around a $500 billion. This stimulus bill could’ve been $10T at this point. It makes no difference because there’s no getting out of this sheet show.
The US Dollar simply cannot withstand this type of debasement forever. First off, the damages caused by the entirely corrupt oligarchy is so immense, not even $6,000 Stimulus checks would rectify the damages caused, not that they would dare give us mere serfs such a hope in the future anyway, but the real issue is that we will have to pay for the 900 Billion Dollar Solution they’ve drafted, and no $600 isn’t going to even cut cold butter in this economy. Secondly, the inflation it will cause is going to be KILLER! If the stimulus is used to pay rent or mortgage, it is a survival payment. Wall Street and the government seem to forget that the economy has been crushed by lock-downs. The $600 or $2,000 won’t be spent at bars, restaurants, or stores; it will keep people afloat.
The Fed creating hundreds of trillions of dollars is hyperinflating the currency to worthlessness. The reserve currency status will be lost. It’s inevitable. Do you really think the fed will stop creating counterfeit currency into the many trillions? No way. Quadrillions are next. I remember the first time the government had a $1T deficit. It wasn’t that many years ago. Now they’re passing more than $2T in a single spend. It’s time to toss some tea into the sea if you ask me. Our maniacal free-spending politicians are behind the wheel. Their power to ignore you is never-ending. They want to print and lend as much money as possible to devaluate paper-money and replace it with digital currency. The Rich gets Richer! Businesses close, tax collections implode, gangs become empowered, the citizen flees, the elites react with typical tax increases on those who are stupid enough to not flee. This is all before the violence begins to explode. Just wait for the pensions to be cut, current employee wages and benefits cut, and the social spreading cut.
There are miseries coming people, so get prepared. When the inner city parasites realize the money is running out, they will go ballistic; it’s going to get nasty. Cities and states have have way more government than the people can afford. Millions of small businesses have been wiped out. The tax base has been decimated. Foreclosures and tax auctions are what is coming next. It will be interesting when Penny auctions are implemented again. This crisis was put out by design by the Bankers, and the top 10% got richer and richer. And yes, the Rich Bankers have always been in control. Throughout the history of mankind, all Presidents, Prime Ministers, Kings Queens have always been puppets for the rich bankers. Let them play their game, and we will play our game, cause we know the end game. Next year, it doesn’t matter who gets in Trump or Biden.
The markets will crash big time, and most of the middle class will be destroyed all by design. Do not sell your gold or silver stocks cause you ain’t seen nothing yet. This bubble in housing and equities was created by the FED with ultra low-interest rates. Anyone who has ever used a finance calculator can see the three variables in the equation (principle, interest rates, and loan amount). The FED has an engineered the perfect scenario for a domino effect of systemic failures like we have near seen before.
Bank runs will rear their ugly head. All local government budgets are based on revenue growth. We saw what happened to Stockton when the growth rate was negative. If home prices start falling, people will again walk away from their mortgages, thus bank failures. Poof, just like that, we have a liquidity trap, and the economy freezes. What do you expect when banks give you zero interest, real estate is overpriced, metals are manipulated like diamond and drug monopolies, and all that’s left is a blotted stock market tilting on the edge of oblivion.
I highly recommend that you start stacking some Silver Bullion for the future. As an American who knows the horrific tribulations of my fellow Americans, there is NOT much to say about these scoundrels financing Asian and African countries more than our starving children. With us, not being able to pay up the last three months rent; lost our cars; can’t pay the utilities, and even getting a car to go to the food bank is hard while we are self detained in our homes. BUT, with $600, there can be no more homes.
Our landlords can’t pay their mortgages without the back rent. So, may I suggest.
#1. Find a map and locate a river flowing in the mountains.
#2. Go buy a tent for the family to live in because this is all you get before thrown out on the street.
#3. Go up in the mountains and pitch the tent by a river – that’s your water source.
Go back to town, but water jugs, a bbq to cook on, a shovel to dig an outhouse, and food with the rest of your money. Oh, buy a bow and arrow so you can hunt deer or whatever you can eat up in the mountains. This is better than stepping around the druggies on the street who will be sleeping by your family tents.
Then, make sure you research all of these scoundrels who wouldn’t give your family a dime for medical and dental problems for your kids but send billions overseas – and vote the scoundrels out of office! The $600 stimulus payout is really permission given to Americans to borrow $600 worth of fiat currency from the Federal Reserve banks. These banks are private banks. They loan the US Department of Treasury money created out of thin air. This money is not backed by gold or silver but can be used to buy just about anything anywhere. Every US dollar says Federal Reserve Note on it, meaning that it is loaned from the Federal Reserve Banks and is supposed to be paid back with interest. It is a crazy system that supports the leading world reserve currency so far. China has its eyes on this status and would like nothing better than for the US dollar to lose that status.
The current US national debt includes all the money owed to the Federal Reserve Banks and stands at more than $27 trillion. This debt keeps increasing without it being paid back. How long this system can continue is anyone’s guess. But history shows most Democracies that went to fiat currency lasted about 250 years. It looks like the USA is dangerously close to that end. Federal income extortion isn’t paying for much of anything anymore. The fed just keeps creating trillions of dollars from nothing. The US economy is seriously broken, and the pandemic has very little to do with it.
Enhanced unemployment addresses those impacted by the pandemic. But mailing out $600/person ($1240/couple) . All this free money is inflationary, and it fails to address the real problem with our economy, which is DEBT. Ultra-low interest rates have been at play for nearly a decade, and our economy is in worse shape now than a decade ago. Ultra-low interest rates encourage debt and only help the tax collector at levels of government. Just shut down the government permanently; that’s the best thing that could be done to stimulate the economy. No more idiotic governors, mayors, bureaucrats, and other degenerates to get in the way of productive people.
Trillions going to wall street, the federal reserve buying up bad corporate debt, corporate taxes lowered from 35% down to 21%, I think corporations have received plenty of bailouts already. And instead of corporations issuing new debt to finance their incompetence, which will have to be repaid with interest, all they have to do now is flood the markets with new shares, and the federal reserve will buy. And the stocks will skyrocket, not go down as they are supposed to do. This is the continuation of the Fed’s free & easy money policy. And all this while the main street is being forced to shut down.
The united states is on the brink of the first great depression since the 1920s. It’ll be a total economic collapse next year. It’s going to be the GREATEST Depression!
A Permanent Great Depression. It’s wealth reset and middle-class destruction. We are on the brink of a really serious financial and, to some degree, even social and environmental meltdown—increasing income and wealth inequality.
The pandemic was the tipping point that took us into an era of joblessness and poverty. Millions of people are jobless, many businesses are bankrupt, and the only winners are the stock markets and the banks. Global central banks are embarking on fresh waves of bond-buying. Central Banks Step Up $5.6 Trillion Bond Binge. This is the worst economic crisis in the US. Yes, the central bankers are coming for what they left behind in 2008. We are spending trillions the way a drunkard spends his money in a rum shop. Unemployment is at the highest level since the great depression. The Fed will prop up the Stock Exchange with the last drop of the blóod. Wall Street and Main Street have different interests.
Wall Street represents the big corporations, big tech, and big banks, while Main Street is households, workers, and small businesses. What is good for Wall Street is bad for Main Street. The Pandemic to cover up their looting of our entire earth. It is not the pandemic that will drag us to depression, but the political response will! The way most big firms are going to survive and thrive and achieve the earnings target of Wall Street or the city is by slashing the costs.
They will be slashing the labor costs but your labor costs initially. But the labor costs for the corporations is the labor income and the consumption of the masses. The S&P 500 is going to newer highs because the big corporations are going to become bigger, while millions of small businesses, retail shops, small enterprises are going to go bust. The success of Wall Street is happening at the expense of Main Street. Those who are suffering are the workers, the consumers, the households, and small businesses. While the big corporations are becoming even more powerful, even more of an oligopoly with even more concentration of economic, financial, and of political power.
There won’t be any small and medium businesses with sole ownership anymore from now on . You need to work for multinational companies that run the government. More like the Indian caste system, of which we have the company elites that rule over us; secondly comes the security (enforcer-judge-jury-executioner) to keep things in order; Thirdly the workers to provide food for all, lastly the untouchables, who are the undocumented underground dwellers, a community of their own. Digital currency with expiry dates will be the norm. And unless we change our policies radically, we could end up in not just a greater recession like the one we had in 2020, greater than the global financial crisis. But we have the risk of greater depression, a depression worse than the one we had in the nineteen-thirties ,and slavery.
It would be a great pleasure to see the stock exchange, central banks, federal reserve, and elitists suffer like us useless eaters/surfs. Is the real economy still relevant? Look at the stock market. It cheers and soars with every bad economic data; the worse the data is, the higher the market goes! Since the Fed is willing to go low by unleashing unlimited liquidity and buying junk bonds to continue to prop the bubbles of everything from the bond to equity markets, so what, even if bankruptcy and unemployment surpass the Great Depression? It looks like value investing is dead. All those 401k steadily contributing, paycheck by paycheck, propping it all up. Like fractional reserve banking, but the fractional reserve of human labor trickling into 401k purchases. If most of those contributions are from Baby Boomers, then what happens when they leave the workforce and are not still net purchasers.
Think towards mandatory distribution timeframes. When we have net sellers of stock, down she goes. A MONSTER FINANCIAL CRISIS is coming, but the plan is for The Fed and Central Banks to boost corporate/government partnership and then starve out the people, scare them into wearing a mandatory mask and receive a mandatory vaccine. The Great rest is being pushed by the power in the US Government. Owning a business, small business won’t be allowed. People will be oppressed and starved. Will have to sell the property then self to survive as a slave.
People will be slaves. According to The Great Reset, the government will forgive all your debt. The catch is that you will forfeit your right to own anything in the future (business, home, land, vehicles). People will accept this deal by the hundreds of millions, if not billions. Making themselves forever slaves with only the freedom their government chooses to allow them. Central bank interest rates are all very low at the moment to try to stimulate the economies of the world. Governments seem to have forgotten that the other lever they have is taxes. Governments could lower taxes to stimulate the economy. At low borrowing rates, this isn’t as daft as it seems because repaying the current level of debt isn’t as urgent as it once was.
Because the cost of government borrowing is so low, the debts most countries are carrying will not cost them much (or anything if the bank rates are less than inflation). Currently, we live in a world where punishing people and companies for being successful is seen as a good and virtuous thing to do . This is done by increasing taxes on everything that a few do-gooders can justify. It is also fashionable to try to regulate companies more and more so that their behavior is controlled into a narrow path that fits what a very vocal (but small) section of the population thinks is ‘right.’ Again, more virtue signaling. The truth is that companies cannot operate in the highly regulated market and give good returns.
Why? Because increasing regulation and the desire to hold companies to impossible standards has made it impossible for them to operate, grow earnings, and return profits to shareholders. At the current tax levels and regulation standards, it has made it unattractive to run a company. The ‘virtue signallers’ out there who believe that companies should be taxed heavily and only allowed to operate under very restrictive conditions are simply missing the effect they are promoting. This constant corporate bashing and tax-raising make everyone poorer in the long run, not just the wealthy that the virtue signallers hope to target.
The end result is that a country doesn’t have the money to do the virtuous things it wants to do, so they don’t happen anyway. I have little confidence that the new administration will rush to lower taxes and stimulate commerce in the USA with lower regulation, quite the opposite, in fact! They will probably strangle the US economy as he tries to signal to the world how the third-way socialism can save the world. And even if you wanted to go cash, there’s negative interest on large cash holdings. It’s actually not possible to do anything else than buy stocks. And all the printed money has the same problem.
That’s why evaluations don’t seem to matter. If just some analyst somewhere spits out a random price target, stock hits it the day after. I actually thought price targets were a year out, not a day, but never mind as long as it all goes up. I long stopped caring about being an owner of a company. It’s all a big joke, and it doesn’t matter if they make toilet paper or rockets. Printing trillions and won’t give their citizens a crumb.
According to the Department of Labor, we lost some millions of jobs permanently in the year 2020. Since September and December 1st this year, we have recouped a whopping 9% of the jobs lost due to the shutdowns. They can cheer all they want about having a 33% GDP, which means absolutely nothing if you understand what numbers encompass GDP. We are surfing on an entirely fake market as of right now, with only the Federal Government propping it up with newly inflated tax dollars.
America is more corrupt than Venezuela and Russia put together. And you think the powers that be can’t and won’t prop up their own assets no matter what? That was the entire point of the QE, i.e., massive ongoing asset inflation for the wealthy and economic and literal death for the middle class. And now it will return, better than ever. Stock and real estate prices are perpetually supported by zero interest rates, while wage earners become weaker and weaker. Fentanyl and welfare for the middle class; more money and power for the elites.
This dead GDP was always a feature, not a bug. It helps the globalists and our politicians’ Chinese patrons directly in economic terms while it economically, socially, and psychologically cripples potential ladder-climbers who might have the effrontery to oppose them. You serfs are going to have to get vaccinated in order to receive a stimulus check. If people don’t see the timing of the stimulus conversion as being convenient, they’re dumb. They pretended to not be able to reach an agreement for months, but they appear willing to work together now that they are rolling out vaccines?
The money will soon be worthless. How to be prepared for a food crisis?
Food Crisis queuing case of a food shortage you should be aware that grocery stores only have about 3 days of food in stock. People will rush and buy as much as they can so probably the food will vanish in less than a day or hours. So if anything was to disrupt the food supply chain for an extended period of time, there would be chaos in most communities. It’s very important to start preparing NOW. There are several ways to start. The choice you make should depend on the event you are preparing for. Of course the best way is to prepare for all scenarios including long periods.
If the world goes down the drain, I will at least have something to look at. Reset and pulling the big plug on the swamp. New World Order becomes Strange New World. All the pork in the stimulus package was the manna the deep state has lived off for years. The American people have been bled out for decades. Time for the sleeping giant to awaken.
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