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Old 09-22-2018, 04:00 AM
Danny B Danny B is offline
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,594
Jim Willie,,,, unemployment BS

Time to revisit Jim Willie. He may not be a fountain of truth but, he often knows which way the wind blows.
June 23, "Deutsche Bank integrally tied to the Italian banking system bust, their tight connection to the LTCM 1998 failure which lost the Italian central bank gold (Rickards crime scene & coverup by Draghi), two trigger events to set off the global financial crisis which will release the controlled Gold market (like DBank/ Italy failure plus Gold Trade Note launch in Shanghai), the fraudulent basis for the entire Euro Monetary Union with excuse for Italy to exit "

June 28, "the Trump persona to scuttle NATO, the Eurasian Trade Zone formation & SCO protection, the TPX triumvirate to execute the Global RESET as in Trump Putin Xi, the India & Pakistan detente for the ETZone in its southwestern region, the Petro-Yuan oil settlement with respect to the Gold Standard coming into view, the two key trigger events that release the Gold market from 25 years of suppression (DBank & Italy collapse,"

July 5th: topics covered include the assured failure of Deutsche Bank and the guaranteed collapse of the Italian banking system with French falling dominoes in contagion.
Aug 4 " the bond market expansion with potential forced pension investment in Special USTreasury Bonds, the emerging Systemic Lehman Event in a global financial crisis during the climax global breakdown underway, as nothing was resolved since 2008 while all major sovereign bonds have turned subprime and many banking systems in ruins,
"United States must source the gold for a new gold-backed currency with the ongoing concurrent risk from the $600 billion trade deficit, which must be eliminated, or else the USA falls into the Third World"

Sept 9 "then also a walk down statistical corruption lane on Consumer Price Inflation falsification with its immediate impact of exaggerated GDP economic growth as the USEconomy has endured 12 consecutive years of strong ugly recession,"
"then also the America First movement of dismissed US Pentagon Generals who defended the country against the globalist and narco baron attacks, which later become the core Trump support basis cited in his inauguration,"
"trigger events for the Global RESET like Italian banking bust, Deutsche Bank failure, Turkey banking bust, "
"all Emerging Market nations are mired in crippling severe currency crisis, then also a walk down statistical corruption lane on Consumer Price Inflation falsification with its immediate impact of exaggerated GDP economic growth as the USEconomy has endured 12 consecutive years of strong ugly recession,"

"The USFed has caused every financial crisis since the 1980s. Both outsourcing of US industry and QE monetary policy assure more crises. The actual price inflation is over 8%, thus the lie on GDP is over 5%, and therefore the USEconomy is stuck in a 12-year recession. The debt engine is broken, since it takes $5 in new debt to create $1 in economic activity. Except the reality is that the new debt only reduces the impact of endless recession. "
"road to the Gold Standard. It is the inevitable solution, surely to be adopted even by the Basel group of franchise central banks. This time around the entire globe is participating with national breakdowns in the crisis. Call it the Everything Bond Bubble or the Systemic Lehman Event. "
GOLDEN JACKASS.COM - The Golden Jackass Knows Gold, Currencies & Bonds"
The CBs did NOT want to do all that printing. They got their mandate from the State. PRINT to save sovereign debt.

Now for the propaganda. The FED is desperate to raise rates so that it
can lower them when the next crash hits.
Fed's Powell between a rock and hard place: Ignore the yield curve or tight job market?
"nemployment near a 20-year low screams at the U.S. Federal Reserve to raise interest rates. Which path they follow will begin to define whether Chairman Jerome Powell engineers a sustained, recession-free era of full employment, or spoils the party with interest rate increases.
” They see four increases likely next year, "

"New York Fed President John Williams deemed the current situation of continued growth, steady jobs gains and modest, close-to-target inflation “as good as it gets”
Unemployment is 4.1 % but, there are 96.1 million who are not in the labor force.
https://www.bls.gov/web/empsit/cpseea38.htm
Great graphic on GOV spending, https://www.zerohedge.com/news/2018-...ing-60-seconds
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