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  • Danny B
    replied
    Obviously, I'm not writing very much. There are just too many things in flux.
    The Left is trying to choke out the economy to blame Trump.
    The technocracy is trying to choke out democracy.
    Bill Gates is trying to kill 8--10% of the population, by his own admission.
    Pelosi, et al are sending $trillions to Americans so that they can continue to make payments to the bankers.
    Total new unemployment has reportedly risen 60 million due to gig workers losing their gig.

    Bankruptcies are slated to make a huge jump.
    https://www.zerohedge.com/markets/bi...about-flood-us
    Small businesses will take a hit first.
    https://finance.yahoo.com/news/shrm-...100000068.html
    There is a LOT of fallout from the C/V crisis that wasn't expected.
    https://www.zerohedge.com/geopolitic...irus-lockdowns

    5/07 The problem is not deflation, it’s attempts to prevent it – The Street
    System wide deflation of both price and currency brings that much more system wide unemployment and death.
    5/05 Euro drops after German court ruling fuels uncertainty – Reuters
    The Eurocrats are trying to get Germany's 1 trillion Euro account surplus. The German courts are going up against the EU to try to prevent that.
    5/06 Defiant ECB pledges full commitment after German ruling on QE – Bloomberg

    We see the same thing here. The Dems want huge bailouts to rectify their Marx inspired budget problems.
    AND
    5/07 Federal gov shouldn’t bail out out rich blue states – CNS News

    It kinda appears that; America wants to convince the Chinese people that C/V was invented to reduce the number of dependents that the Chinese GOV must support.
    https://sputniknews.com/world/202005...lates---video/
    It most certainly does make sense from a fiscal point of view.

    Leave a comment:


  • Danny B
    replied
    China losing the battle.
    The bankers took your 401k and did direct investment in China to take advantage of the difference in labor rates. This differential, called labor rate arbitrage allowed the bankers to siphon off the difference. This formula works even better if there is no import duties on the Chinese produced products. "They" managed to get most favored nation trading status for China. This insured greater returns on the labor arbitrage. Eventually, the off-shoring of labor severely contracted the aggregate purchasing power of China's best clients. China's export advantage diminished as it lost customers. But, China had moved >300 million self-sufficient peasants to the cities. The communist party had to provide continuous employment for them or, the party would end. China just kept building stuff even though they had lost much of their export market.
    Trump came along and, threw a wrench into the formula.

    5/05 A diplomatic crisis with China is critical for Trump’s re-election – ZH
    5/05 US-China trade war: Trump admin takes aim at supply chains – Al Jazeera


    Japan's Nobel prize winning Professor of Medicine, Professor Dr Tasuku Honjo, created a sensation today by saying that the Coronavirus is not natural.
    "If it is natural, it wouldn't have adversely affected the entire world like this. Because, as per nature, temperature is different in different countries. If it is natural, it would adversely affect only those countries having the same temperature as China. Instead, it is spreading in a country like Switzerland, in the same way it is spreading in the desert areas. Whereas if it were natural, it would have spread in cold places, but died in hot places.
    I have done 40 years of research on animals and viruses. It is not natural. It is manufactured and the virus is completely artificial. I have worked for 4 years in the Wuhan laboratory in China. I am fully acquainted with all the staff of that laboratory. I have been phoning them all, after the Coronavirus surfaced. But all their phones are dead for the last 3 months. It is now understood that all these lab technicians have died.

    Based on all my knowledge and research till date, I can say this with 100% confidence - That the Coronavirus is not natural. It did not come from bats. China manufactured it. If what I am saying today is proved false now or even after my death, the government can withdraw my Nobel Prize. China is lying and this truth will one day be revealed to everyone".

    So, why would China create such a virus?

    Well,
    just follow the money.
    "By 2050, 330 million Chinese will be over age 65."
    “It’s the No. 1 economic problem for China going forward,”
    But China, whose extraordinary economic heft has been built on labor-intensive manufacturing and which has no social safety net to protect the aged, is uniquely ill-prepared for the societal changes this gray wave will bring.

    China’s pension shortfall could top $130 billion by 2020, according to Beijing’s National Academy of Economic Strategy, and China’s debt burden is already estimated at three times its GDP
    The C/V is a godsend for shrinking Chinese government finance.

    The whole world is pissed off at China. The whole world is pulling their supply chains OUT of China.






























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  • BroMikey
    replied
    federal_reserve_snake.jpg

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  • Danny B
    replied
    Armstrong comes across as a realist, NOT an alarmist. Here is what he has to say;
    "Make sure you buy one year’s worth of food in cans. If you have the space to do vertical farming, it might come in handy in the years ahead."
    He is writing about future inflation of commodity prices.
    https://www.armstrongeconomics.com/f...harted-waters/
    I've continually preached that; while it is important what YOU have, it is also very important what others have. If they have nothing, they will try to share with you.

    Mike Adams has always had a lot of good info. Once in a while, he goes just a bit off the rails. Here is what he has to say about future virus propagation.
    https://www.naturalnews.com/2020-04-...2020-2021.html
    The oil industry is definitely in uncharted waters.
    https://www.zerohedge.com/energy/ber...l-economy-next
    Fulford has plenty to say;
    https://benjaminfulford.net/

    5/01 Deutsche Bank capitulates: starts charging negative rate deposts – Zero Hedge
    Buy gold
    5/01 Comex operator prepares for clearing member default – GATA
    As clearing members default, there will be a huge panic worldwide in the gold markets. SOME of the gold ETFs allow settlement in cash rather than in metal.
    "Even if you do own enough shares, the GLD ETF reserves the right to settle your delivery request in cash."
    So, defaults at COMEX will flow through the whole system. It won't be long before you can't buy physical gold at any price.

    Leave a comment:


  • Danny B
    replied
    Well Mikey, you and I are definitely looking at different things.

    "The Euthanasia of the Rentier. A commenter quotes John Maynard Keynes: ... would mean the euthanasia of the rentier, and, consequently, the euthanasia of the cumulative oppressive power of the capitalist to exploit the scarcity-value of capital. "

    "Keynes and the Euthanasia of the Rentier. ... One of those lessons became famous for the phrase it contains, "the euthanasia of the rentier": the notion that once high interest rates become history due to expansionary monetary policy, the class of people who live off their savings will gradually and silently disappear."

    OK, here are some quotes from a recent article posted by John Rubino at Dollar Collapse.

    "Yellen said. The central bank has also received special powers during the coronavirus outbreak to buy other assets such as corporate debt through exchange-traded funds. The Fed has also cut rates to zero and launched an unlimited quantitative easing program to help stabilize markets."
    Again, "once high interest rates become history"
    "(Reuters, April 24, 2020) – The U.S. government is considering taking equity stakes in U.S. energy companies as it seeks to help the nation’s oil and gas sector amid the coronavirus outbreak, Treasury Secretary Steven Mnuchin said on Friday."
    So, every time that a company flounders, the FED will rescue it for an equity stake.

    "suggested the federal government could buy fuel for the country in advance as well as purchase airline tickets in advance.
    “We’re looking at a whole bunch of alternatives,” Mnuchin said."
    "Governments buying equities is a sort of Twilight Zone version of the greater fool theory,"

    "This is exactly what the government is trying to accomplish in the short run. But it’s also a death knell for capitalist wealth creation since the leveraged buyout (LBO) of the private sector by the government will cripple the capital markets’ price signaling mechanism and bring innovation to a screeching halt."
    Ah yes, financial innovation. THAT is what has completely screwed up markets. "INNOVATIVE " derivatives are blowing up by the $trillions. The "price signalling mechanism" was nothing more that various gamblers trying to front-run everything hat the FED was trying to rescue / support.

    "This second point is lost on the desperate folks at the Fed and Treasury. Which means the ultimate fiery end of this system will come as a complete surprise to them"
    "ultimate fiery end"
    The Central Bank of Japan has been buying up everything in sight for many years. There hasn't been any fiery end.
    https://www.dollarcollapse.com/gover...rivate-sector/

    It looks like the present administration is trying to drive the money renters OUT of the system

    Leave a comment:


  • BroMikey
    replied
    26951947_1661418070585163_2252914453019745381_o.jpg?_nc_cat=108&_nc_sid=730e14&_nc_oc=AQnpXHir9fHit1ZbhVRAWAZFWoxlSOAxFF6i5feiPsX-hZuBpFwxBh8kPqXUiS2KRKk&_nc_ht=scontent-den4-1.xx&_nc_tp=7&oh=9203f95295951711d1af96efa4854bb5&oe=5EC

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  • Danny B
    replied
    Plan A and plan B
    The Trump administration is providing money directly to individuals. It is also providing money to small businesses.
    Armstrong forecast that China would become the financial center of the world in a couple of decades.
    "China has no illusions that cash handouts directly to the population (targeted group, yes) will be the answer. Instead they prioritize assisting businesses to survive as they provide employment."
    These businesses need solvent consumers. They can't provide employment if they have no customers.
    4/29 China’s factories are back. Its consumers aren’t – NY Times
    (China) "They understand CONFIDENCE is the key to promote economic activities." No mention of good wages?
    "It is very clear that the West is in the process of committing economic suicide. China has the opportunity to become the Financial Capital of the World provided"

    "Where Communism fell in China and Russia during the first 8.6-year wave, we are looking at the aggressive attempt by the Socialists to seize power in the West that will only destroy the economy which forced the same collapse of Communism."
    SO, no communism in China???
    How is this all working out?
    4/29 China bets $600 billion on infrastructure to revive growth – Bloomberg
    Remember that China has a shrinking workforce ( 1 million a year) Remember that China has shrinking markets.
    So, they are going to bet on infrastructure. They already have 64 million empty housing units. They have about 60 international airports that they don't need. They have dozens of empty cities. 2 years ago, their surplus steel capacity was equal to the total steel capacity of Europe and America combined.
    They moved ~300 million self-sufficient peasants to the cities. Now, they have no possibility of keeping them employed.
    China is stealing the water from the Ganges, Indus, Baramputra and, Mekong. They have made a couple billion new enemies.
    Coronavirus: China injects US$7.9 billion into banking system in latest bid to shore up liquidity

    China doesn't have to be communist to really screw up. They ARE a command economy. That right there is enough to guarantee a financial blowup.

    Leave a comment:


  • Danny B
    replied
    There is a gradual recognition that; jobs taken by automation will not come back. Pelosi wants UBI
    https://www.zerohedge.com/personal-f...-cope-pandemic
    4/29 Bank of Japan prepared to buy unlimited government debt – Bein Crypto
    Kuroda bought up enormous amounts of equities also. Still hasn't caught on to the idea that; pumping money to the non-producers doesn't help.
    4/29 China’s factories are back. Its consumers aren’t – NY Times
    4/29 China’s massive banks are facing a $42 billion dividend trap – Bloomberg
    So, the PBOC will continue to pump money to the banks.

    Even that drunkard, Pelosi recognises that average people need direct help. Roubini writes about what to expect.
    https://www.project-syndicate.org/co...oubini-2020-04
    4/29 Shanghai Gold boss wants super-sovereign currency post-crisis – GATA Very strange.
    4/29 US stock market enters twilight zone – Technical Traders
    Wait til the FED starts buying stocks.
    No, this is not another 1929, 1973, 1987, 2000, or 2008 – Charles Hugh Smith

    Trump Wants All US Troops Immediately Out Of Afghanistan Due To Coronavirus
    Generals pushing back by arguing: by that standard the Pentagon would also have to withdraw from places like Italy.
    SAVE THE POPPIES !

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  • Danny B
    replied
    While the X22 report tries to be accurate and complete, they miss quite a bit.
    The BOJ is buying EVERY bond that they can find. Kuroda is held in thrall to the bankers and multi-nationals. Japan is going on their third "lost decade". Japan continues to stimulate the upper loop. The ECB is buying every asset they can find. BOE is doing much the same. The PBOC is pumping a frightening amount of liquidity into Chinese banks.
    The U.S. Congress is starting to see visions of pitchforks and torches. Actually, they see the more modern version,,,, AK47s
    Congress authorized Powell to stimulate the beans out of the LOWER loop. Japan very thoroughly proved that continuous stimulation of the upper loop is a failed strategy.
    Trump or, whoever is directly stimulating the lower loop. Trump has broken with banker control. Armstrong wrote a letter to Trump urging him to temporarily cancel mortgages and rent. This action would completely crash the cash flow to the banks. The banks are already lining up for a bailout. This time around, it will be a debt-for-equity swap.

    The Federal Reserve has a noose around it's neck, controlled by Trump. Soon, some of the private banks will have the same noose.

    Leave a comment:


  • BroMikey
    replied
    Think RESTRUCTURING

    Originally posted by Danny B View Post
    The return of the gold standard is highly unlikely.
    In all likelihood, the State knows how to produce elemental gold. John Bedini came up with a process to do that. Cejeka let on to him that the process was well know already.
    If this is true, America could flood the markets with manufactured, elemental gold. This would make the Chinese gold hoard next to worthless.

    Here is a fair and balanced analysis.

    Last edited by BroMikey; 04-28-2020, 09:24 AM.

    Leave a comment:


  • Danny B
    replied
    The return of the gold standard is highly unlikely. That would mean the death of the nanny state and, the elimination of 98% of banking. It would also mean the end of traditional wars. I'm sure that cyberwar and economic war would continue. Previously, the supply of gold grew by 2% a year. At the same time, the economy grew by about 2% a year. There was just the right amount of money in the system for normal commerce. There was almost no money for speculation or war. Keep in mind that most or all of America's gold stock is gone. CB head Rubin took care of that.
    Post war, Germany and Japan had no gold. They built up a very strong and impressive economy. The value of their currency was based on the high productivity of the people, NOT on gold. It isn't necessary to have gold backing for a currency for same currency to be strong. It isn't the gold backing that is important.
    The main job of gold is; to keep the parasites from over-issuing currency and debt.
    In all likelihood, the State knows how to produce elemental gold. John Bedini came up with a process to do that. Cejeka let on to him that the process was well know already.
    If this is true, America could flood the markets with manufactured, elemental gold. This would make the Chinese gold hoard next to worthless.

    Leave a comment:


  • BroMikey
    replied
    Fiat snare ending/total crash<restructuring the FED toward sound money/GOLD. Confirmed many times over. Q, Q+ and Trump=Q+ this is where we are going, wonderful.


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  • BroMikey
    replied
    Central Banks push debt forgiveness then later to snare the Nations again.

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  • BroMikey
    replied
    b59ffd238042ddb2ceccb6c400bf00f9.jpg

    Fiat%2BMoney.jpg

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  • Danny B
    replied
    Gravity vs bubbles
    https://www.thechicagoeconomist.com/...ntals-who-wins
    War is becoming increasingly more unpopular.
    https://www.zerohedge.com/geopolitic...-amid-pandemic
    The 7 step plan
    https://www.zerohedge.com/geopolitic...otalitarianism
    The usual criminals
    https://newswithviews.com/vice-presi...d-our-economy/

    Can't leave out the bankers.
    https://armageddon.news.blog/2020/04...-tragic-price/
    The IMF and the SDR want to be the new overlord.
    https://www.rt.com/business/486684-k...digs-into-imf/
    Very good analysis.
    https://www.goldmoney.com/research/g...gmrefcode=gata
    Another good analysis.
    https://www.newyorker.com/news/daily...-global-system

    4/24 Since inception the euro has devalued by 85% against gold – Voima
    4/23 Cuomo taps Bloomberg to lead covid-19 contact “tracing army” – Gothamist
    Rense;
    Watch California ER Doctor's Coronavirus Briefing Stunning Truths Emerge - Very Important - WATCH
    More From The CA ER Doctor - We Are Being Conned And The Virus is being USED as a weapon Against America
    'There's Something ELSE Going On...It's Time To Open Up'

    Was this Coronavirus Created to Destroy the US Economy And To Create a New Nation State? (Probably, Yes) Welcome to The USSA

    'Don't Tread On Me': 74% Of Voters Worried About Losing Freedoms Due To COVID-19
    The explanation
    https://www.zerohedge.com/geopolitic...s-why-what-fed
    Techno-Tyranny: How The US National Security State Is Using COVID-19 To Fulfill An Orwellian Vision

    Mitch McConnell Says Struggling States Should File For Bankruptcy
    YEP, declare bankruptcy os that you can dump your pension load.

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