Unprecedented World Chaos — The New Economic Order Has Begun!!
Worldwide Closed down travel.
Closed down industry.
Closed down businesses.
Closed down public gatherings.
Closed down schools.
Closed down economy.
Europe airports closing down.
Australia and Singapore applying 14-day lockdown to all incomers.
The World is In Lockdown, And we have not even hit the peak yet. Truly this is a disruption of Biblical proportions. And this is just the tip of the iceberg. We have just 5 per million tested in the USA. The real crises will be here. I bet that New York City has at least 10,000 positives. Students from NY University & Columbia going back to their midwestern states with the elderly was a huge mistake. If the crisis gets to Florida and Arizona, it will be a nightmare.
The situation is already spinning out of control on a global scale. Troops are patrolling on the streets. The FED has lost control of bonds, market pushing, 10-year higher even as they try to buy with QE. They are going to need MORE. Unlimited cash is being pumped into the stock market. I imagine the next rate cut will boost gold, along with stimulus and QE. Everything is coming together for gold. 1.5 trillion Trumpo bucks printed yesterday morning, with more coming, 10% back up the truck. More debt, more bubble.
Worse to come. Forget the virus. The popped bubble will kill more people. The US is going to become Germany after World War 1. The New Economic Order Has Begun. Shelves are already empty. Never mind a recession; sounds like The greatest depression ever is looming. Except that there will probably eventually be hyperinflation. And governments will fight it with QE and negative interest all the way down, prolonging the pain and making it worse. We are headed into a catastrophe. The toilet paper shortage from panic buying must be a reverse psychology thing where they’re trying to keep their currency from becoming toilet paper. So they are exchanging it directly for toilet paper instead.
These are unprecedented times.
This is The Collapse Of Complex Civilizations. The system was not set-up for efficiency or sustainability. In fact, the system was created by governments to be unstable and inefficient long-term in order to gain short term rewards. The politicians engage in vote-buying through unsustainable government programs, regulation, restrictions, taxation, etc. that needlessly increases complexity within the economy and society. Meanwhile, governments also fail to fulfill its basic duties because more complexity brings more power. Lawyers, politicians, police, military, Abrahamic religions, real estate agents, astrologers, and other bullshiters will not be required. Required are: carpenters, medics, farmers, clothing makers, electricians, plumbers, etc. A steady-state economy is the only version of the economy that can be sustained for the lifetime of the human race. Growth can not be maintained in a finite environment, like it or not.
The crash of 2008 worked perfectly for the benefit of those who organized it. Whenever the powers that bank rob or cheat people the standard go-to strategy is to call it a whoopsie doodle, mistake, incompetence, or failure, this absolves them of the full force of being called out on their willful crimes.
Today America’s greatest expense, besides debt repayment, is the military and militaristic support whilst devaluing the dollar by quantitative easing and passing the funds to oligarchs. Meanwhile, the debts and costs are met by the increasingly squeezed masses.
The wealthy bribe government officials in order to avoid taxes causing the government to intensify tax burden on working citizens. Citizens relying more and more on credit to pay for necessities. Nouriel Roubini, chairman, and chief executive officer of Roubini Macro Associates, warns about a looming credit crisis and global recession. The reason for the massive infusion on Government funny money is proof of this now. Most Public Pensions are invested in these junk bonds. When the shit hits the fan, its really going to be massive.
The entire market is a house of cards built on a house of cards. When people start seeing the bad figures coming from banks, businesses, government, they will get out of equities for years and into Precious Metals. The crisis, which is just beginning, will explode in our faces. The financial illusion has popped. And this is just the smoke ….real fire is on the way. The stock market has been highly inflated in recent years by QEs. It is high time that the bubble burst big time. Recession at this point just means depression due to debt loads. There are only four quarters in a year, so, after 90 Days, the results will begin showing off one’s efforts, whether they’re good or bad. Higher-ups messed up in Q1, so multiply that by four, and the end result is a tree producing bad fruit.
The fact that we’ve not changed course in Q2 means we multiply by two, and at the end of the year, we have a global recession. Well, no point for us common folk to wait for the leaders to get the house in order. Time to get our own houses in order and prepare for a modern Great Depression. Everything that has a beginning has an end . . . even our Constitution.
All societies collapse. All. There is no way out of what’s coming. There is no legitimate economy. There are financial manipulations masquerading as the invisible hand. The Global Economy is The Greatest Theatrical Show on Earth. And while you watch the show, they are emptying your bank account. The dollar will end up becoming swiss cheese. It will lose its world reserve status. Massive US consumer defaults incoming.
The printing press will be rolling rates negative, and all those holding cash will sprint back into gold. They are playing reverse psychology on the markets. What’s good appears bad and what’s bad appears good. I continue to buy gold and silver stocks when I can, and I am thankful for the steep discounts. We are now in a global recession. Get out of the markets as soon as possible.
This is not only a credit crisis. This is a defining moment in America’s history. The Banking sector will be the next shoe to drop, due to its exposure. Not just because of the loans for airlines. Most of those new planes are on a lease if they don’t fly, the companies will default on the lease because lease cost is like 50 plus percent of the cost of the flight tickets. Add to that the 737 Max groundings; that’s 800 planes that the airlines then had to reactivate at great cost, older models to keep their lanes open. These old planes also have hidden costs to the airlines as they require extensive maintenance and a prolonged period on the ground. These planes will need ridiculous amounts of work to be safe to fly. And those parts aren’t made anymore.
Watch also oil companies going bankrupt.
Crude Oil Price has now become a bigger problem for markets than the virus. It will be virtually impossible for the markets to sustainably bounce if The Brent continues to crater. Lower oil prices…a problem, higher oil prices…also a problem and stable oil prices…a bigger problem. But one thing is sure in all three cases. Market operators ensue that always money flows from poor to rich. Fracking is Criminal. It was always their business plan to pull out oil and gas at a cost greater than what they could sell it for. So they needed the banksters and the government to fund them with loads of debt. But it didn’t matter because their plan was always to go bankrupt, walk away with the money, and leave shareholders empty-handed, saddled with the debt, and polluted water tables.
This is probably going to push US credit markets over the edge … But as the FED already announced, they will take unconventional steps as necessary. So first they’re going to do will probably be to start buying debt of shale producers. Greed worldwide surpasses intelligence yet again. It’s not like any of these outside sources of our required oil are at all honest and uncorrupted. Not sure how the Fed is going to make up for it.
But I know between the Asian markets from last night, and now the drastically lowered oil price will cause the rich to get richer as the upper and middle and middle classes will sell off like mad at the opening bell. The rich will buy up more at a huge discount…a setup, you might ask. Yes, of course! Could it be that the oil game that Russia playing anything to do with a China and Russian play to sink the US Dollar and bring in a new global currency / New FIAT/reserve currency?. Hopefully, gold-backed in part.
The forward-thinking companies see what’s coming and will get ahead of their revenue/profit drop by cutting expenses Now. Most companies’ largest expense is people. This is the easiest and most immediate way to cut costs/expenses. Many companies start by reducing hours and then start to let people go. Some companies terminate full-time employees and then use temp agencies when people are needed. If you are an employee, it is a good time to get your resume into temp agencies now. When this starts, they will be inundated and will not bother taking new workers (in most cases) These terminations ramp up quickly and within 90 days, (or sooner) the housing market turns to shite. If you want to sell your house, List it NOW. Your savings (cash value will drop), your portfolio, retirement account, house value, ALL will drop.
Billionaire investor Carl Icahn told CNBC he expects the U.S. commercial real estate market will crumble. Taking tax revenue from social security and other programs to promote the stock market. Go big on DEBT or go Home. The reason for the stock markets bounce is debt, and the real reason for the decline in stocks is the debt bubble, how ironic. History shows that pandemics open the doors to revolutions, political destabilization, economic collapse, a war between countries, and erosion of human rights leading to Martial Law as a reactionary means of governments pushing back. Yes, it will all unfold very quickly, just like the sudden crash of the market and coming up with the closing and lockdown of Businesses, schools, and free movement. It’s all documented in similar events in the past. America is a spoiled, whiny country that the rest of the world holds in contempt. We are not sheltered from the suffering countless of people around the world endure on a daily basis. Time to put on big boy’s pants.
Trump said in an interview in 2015, before he. ever became President, that his philosophy regarding finances is: ” borrow big and borrow long.” What we are seeing now is what happens when the bill eventually becomes due. There should be no bail-out for cruise lines, banks, oil companies. Insurance companies, hedge fund robbers, etc. No more too big to fail. No more welfare for the wealthy.
Take a look at this collection The Lost Book Of Remedies, taken word for word out of a circa 1845 manual.
What is The Lost Book of Remedies? The Lost Book of Remedies PDF contains a series of medicinal and herbal recipes to make home made remedies from medicinal plants and herbs. Chromic diseases and maladies can be overcome by taking the remedies outlined in this book. The writer claims that his grandfather was taught herbalism and healing whilst in active service during world war two and that he has treated many soldiers with his home made cures.