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Old 07-10-2018, 04:22 AM
Danny B Danny B is offline
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,492
Bumps and potholes in the financial road

Teresa May is trying to do the bidding of the city of London bankers. She has just run into a block wall. Everybody is deserting. They can see that Brexit is going to be such a bloody mess, they don't want to be anywhere near Parliament.
'Absolute chaos': BoJo is third minister to resign as foreign secretary within 24 hours
Chris Hedges has a very impre4ssive history as a foreign correspondent. Here is an excellent vid of the battle lines.
https://www.youtube.com/watch?v=qQU4x3DqzuQ&t=591s

An excellent article about corporatism and, where it has brought the world. He is really down on Trump but, don't let that affect your view of the greater message.
"Our “corporate coup d’état in slow motion,” as the writer John Ralston Saul calls it, has opened a Pandora’s box of evils that is transforming America into a failed state. The “unholy trinity of corruption, impunity and violence,” he said, can no longer be checked. The ruling elites abjectly serve corporate power to exploit and impoverish the citizenry. Democratic institutions, including the courts, are mechanisms of corporate repression. Financial fraud and corporate crime are carried out with impunity"
https://www.truthdig.com/articles/am...-failed-state/

"It's been my view, going back to 2009's aggressive reflationary measures, that central bankers failed to learn key lessons from the mortgage finance Bubble period. My biggest frustration revolved around the Fed's fateful decision to target mortgage Credit for system reflation - and then their complete neglect of prudent oversight of mortgage lending and mortgage-related financial intermediation, leverage and speculation. "
https://creditbubblebulletin.blogspo...-economic.html
The residential real estate market is where the upper loop meets the lower loop. They wanted to bring confidence to those in the upper loop. The lower loop got the shaft because RE price inflation meant that millions would be homeless.

The billionaires have a problem. When the crash and the chaos hits, how can they insure the obedience of their guards? ,,,, shock collars OR, robot guards???
https://medium.com/s/futurehuman/sur...t-9ef6cddd0cc1
Here is a graph of Lehman Bros laid over a graph of Deutsche bank,http://goldswitzerland.com/wp-conten...nn-600x334.jpg
"but change starts in the periphery where very few are looking. Look at China where the Shanghai composite is down 23% since January. And look at Brazil where the Bovespa is off 17% so far this year and Turkey which has lost 20%."
"Once the bear markets start, they are likely to turn into secular trends that last many years and result in falls of 75% to 95%. Difficult to believe for most investors today, but nobody in 1929 believed that the Dow would fall 90% in the ensuing years and take 25 years to recover."
"But as tax revenues decline and spending increases, I would not be surprised to see $28 trillion debt in 2021. That would put the US on course for a $40 trillion debt in 2025. That would mean a doubling of the debt from 2017 which is in line with the historical trend of a 100% increase every 8 years."

"There is a consensus that many of the Eurozone countries are basket cases and that is hard to argue against. Very few talk about the US as a basket case. But with no real budget surplus since 1960, the US financial and military hegemony will soon come to an abrupt end"
"That is why no one believes that DB is even worth the equity as the market cap is only 28% of shareholders’ funds. A 4.6% loss on the DB loan book or a 0.1% loss on the derivative portfolio would totally extinguish the equity."
"But how can they save a bank with a balance sheet of 50% of German GDP and a derivative portfolio of 14x GDP? "
https://goldswitzerland.com/us-debt-...ion-weimar-ii/

Here is an article about how tight the labor market is.
https://www.dollarcollapse.com/curre...n-back-part-9/
7/09 Record 95 million Americans not in the labor force – MyBudget360
7/09 Stocks jump as traders’ fears dissipate – CNBC
7/09 Chinese stocks have best day in two years as trade war fears recede – Reuters

AND
7/09 Global trade decelerates sharply – Independent

A very good article by Armstrong on the history of tariffs.
https://www.armstrongeconomics.com/w...at-depression/
Here is an exhaustive article on the effects of the coming oil crunch.https://www.zerohedge.com/news/2018-...ll-shock-world

"With the creation and treachery of a Christmas vote, the Federal Reserve took full control of the financial sector and placed the country on the inevitable path of totalitarian rule.

If a refresher course is needed, the Jackals of Jekyll Island - Federal Reserve Audit article illustrates the dire nature and consequences of the debt created money system that has impoverished our society. In the essay, Federal Reserve 100 Years of Failure the history of the banksters financial system is examined. So what can be done to stop this monster of liberty destruction and monetary theft? First off the immediate remedy provided for the removal of reprehensible outlaws is impeachment.
" The first was by Congressman Lindbergh: Articles of Impeachment Against Federal Reserve."

This Act establishes the most gigantic trust on earth. When the President signs this Act the invisible government by the Money Power, proven to exist by the Money Trust Investigation, will be legalized. The new law will create inflation whenever the trusts want inflation. From now on depressions will be scientifically created.” – Congressman Charles A. Lindbergh, Sr., 1913"
"Now that this sterling American patriot (Congressman Louis T. McFaddens) has made the Passing, it can be revealed that not long after his public utterance against the encroaching powers of Judah, it became known among his intimates that he had suffered two attacks against his life. The first attack came in the form of two revolver shots fired at him from ambush as he was alighting from a cab in front of one of the Capital hotels. "
"The most recent attempt was made by Rep. Gonzalez, Henry B. [D-TX-20] (Introduced 03/07/1985).

H.Res.101 - A resolution providing for the impeachment of Paul A. Volcker, Edward G. Boehne, Robert H. Boykin, E. Gerald Corrigan, Lyle E. Gramley, Karen N. Horn, Preston Martin, J. Charles Partee, Emmett J. Rice, Martha R. Seger, and Henry C. Wallich, as members of the Federal Open Market Committee."
"Nonetheless, the value of using the impeachment vehicle is not necessarily the removal of a Greenspan, a Bernanke or a Yellen. It is about developing the critical mass necessary to instill public awareness that the financial system of central banking is the quintessence and inevitable reason, for the cause of the coming economic collapse, which is unavoidable. "
"Impeachment is a small step towards the replacement of the malefic hell that the central bankers inflict as they squeeze America to the “consequences of defaulting on a desperate bargain”
Face the facts that the courts and the legal barrister class are essentially gatekeepers to protect the establishment.
http://batr.org/forbidden/102715.html

Trump meant it when he said America first. Other states are starting to catch on.
https://www.theguardian.com/us-news/...uropean-allies
Trump has GREAT plans to cut back on the huge waste of money that Pox Americana has become.
https://www.zerohedge.com/news/2018-...-threat-empire
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