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  #1651  
Old 09-16-2016, 02:23 AM
Danny B Danny B is online now
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Killing the Euro....Medicade fraud

Zero Hedge speculates that the "music has stopped"
"Did The Music Just Stop?" | Zero Hedge
Joseph Stiglitz, the NOBEL winning genius has finally figured out the fatal flaw in the Euro. https://sputniknews.com/europe/20160...e-economy.html
It should be mentioned that this obvious flaw was the subject of a lawsuit against the German government way back at the start of the Euro. The German GOV dismissed the lawsuit. Many other prominent people, including Martin Armstrong told everybody in the beginning that it could never work. The current (and past) plan is to harness European socialism to German productivity.

Ron Paul; "The failure of the Federal Reserve’s eight-year spree of money creation via quantitative easing and historically low interest rates to reflate the bubble economy suggests that the fiat currency system may soon be coming to an end. Yellen’s outside the box proposals will only hasten that collapse.
The collapse of the fiat system will not only cause a major economic crisis, but also the collapse of the welfare-warfare state. "
"The Fed Is Planning For The Next Crisis," Ron Paul Warns Welfare-Warfare State Collapse Looms | Zero Hedge
I like Ron Paul but, I see no reason for his constant hammering to audit the FED. Congress demands the money and the FED prints it.

EVERYTHING that GOV does gets distorted by corruption.
“Americans should be more worried than ever about Medicaid … The cost of the $500 billion program is expected to rise to $890 billion "
"Some 55% of doctors in major metropolitan areas refuse to take new Medicaid patients " "Last week the Health and Human Services Department published an ‘alert’ warning that the improper payment rate for Medicaid in 2016 will likely hit 11.5%"
" $448 million bestowed on 199,000 beneficiaries with fake Social Security numbers—12,500 of which had never been issued by the Social Security Administration.”
"But as bad as all this sounds, it can get worse.

“If HHS tries hard enough, maybe the department can match the failure rate for school lunches (15.7%) or the Earned Income Tax Credit (23.8%).”
"improper payments under Medicaid have become so common that they will account this year for almost 12 percent of total Medicaid spending — just shy of $140 billion. … "
"We’ve paid untold billions of dollars to ‘clinics’ that turn out to be little more — or nothing more — than post-office boxes and prepaid cell phones. And as bad as that 12 percent rate is, some policy scholars believe that it is in fact probably worse.”
“… the real problem with the welfare state is not the poor people receiving checks — it’s everybody in the middle, the vast array of government employees, their union allies, contractors, and third parties who earn six-, seven-, eight-, or nine-figure paydays taking their cuts of money we think we’re spending on the poor.
It's not the doctors who get the money.
The Medicaid Ticking Time Bomb ? A Budget-Gobbling Fiscal Disaster

It's the bureaucrats, lawyers, crooks and shysters;
17th Obamacare Co-Op Exits Due To "Hazardous Financial Conditions" - Only 6 Left | Zero Hedge
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  #1652  
Old 09-16-2016, 03:25 AM
Danny B Danny B is online now
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Just follow the money

Hinkley point,,, from Wiki;
EDF has negotiated a guaranteed fixed price – a "strike price"– for electricity from Hinkley Point C of Ł92.50/MWh
The National Audit Office estimated that, with UK wholesale electricity prices having fallen to Ł45/MWh, the additional cost to consumers of 'future top-up payments under the proposed HPC CfD have increased from Ł6.1 billion in October 2013, when the strike price was agreed, to Ł29.7 billion in March 2016',
In December 2013, Jim Ratcliffe, the chairman and CEO of one of the UK's biggest energy consumers said he had recently agreed to purchase nuclear power in France at Ł37.94 (€45) per MWh and warned of the Hinkley Point C project: 'Forget it. Nobody in manufacturing is going to go near Ł95 per MWh'

A 2014 Agora Energiewende study found that new wind and solar generation is up to 50% cheaper than new nuclear,
On 10 August 2016, Ambrose Evans-Pritchard of the Daily Telegraph wrote that, with growth in energy storage, 'there ceases to be much point in building costly "baseload" power plants such as Hinkley Point.

Hinkley Point C is no more than a doomed attempt at face-saving ...
News, sport and opinion from the Guardian's US edition | The Guardian

https://www.theguardian.com/uk-news/...-gets-go-ahead
https://sputniknews.com/us/20160915/...ar-plants.html


The PTB at The Economist tries to rationalize the whole thing;
"Nuclear power plants, however, are vastly expensive. A new plant at Hinkley Point, in south-west England, for example, is likely to cost at least $27 billion. They are also uninsurable commercially. Yet the fact that they run around the clock makes them only 75% more expensive to build and run per MW of capacity than a solar-power plant, Mr Frank reckons.
The S.O.B NEVER mentioned the cost of decommissioning.
What is the cost of TMI, Chernobyl, Fukushima? Small parts of the Ukraine are covered in 2 METER thick steel plates. Fukushima is the gift that keeps on giving.
Carbon-cuts,,,, my culo !
Four Studies Find ?No Observable Sea-Level Effect? From Man-Made Global Warming

Maker Of Drug Fueling Heroin Overdose Epidemic Is Lobbying To Keep Weed Illegal | Zero Hedge
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  #1653  
Old 09-16-2016, 02:52 PM
Danny B Danny B is online now
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The implosion of the grand experiment

"Markets can remain irrational longer than you can remain solvent". YES, but then what?
"EVERY central banking press release is seen as nothing but more heroin for
stock bulls, while ignoring the much larger sovereign debt marke
ts of the world," This is by design. IGNORE sovereign debt.
"30 percent of global government debt at negative yields" "The next monster
bubble is the NASDAQ 100. Take a look. Don’t those chasing the new
high in this market realize where we are in history, and what took place last time we reached these nosebleed heights?"
http://www.bestmindsinc.com/document..._Sept15.16.pdf

9/16 Motor vehicle production +0.5%, motor vehicle sales -4.4% year-over-year – Mish Lotsa extra cars.
9/16 How China’s plan to engineer economic growth is a massive failure – Business Insider They copied the West
9/16 Deutsche Bank slapped with $14 billion fine over mortgage probe – Zero Hedge Ah yes. Goldman Sachs is trying to kill it's competition and the $IMF is trying to kill the Euro.
9/16 QE and negative rates are a Ponzi scheme: Saxo Bank CEO – CNBC No kidding!
9/16 The folly of economists: Negative interest rates – Forbes NOT entirely accurate.

" 5.Corporate investments are at a 60 year low. U.S. corporate debt has risen by $ 2.8 trillion over the last 5 years while corporate cash has only risen by $ 600 billion"
"We estimate that two-fifths (43%) to half (47%) of nonfinancial corporates (unrated and rated) are highly leveraged-of which 2% to 5% face negative earnings or cash flows, based on a sample of about 14,400 corporates."
Six Striking Observations About Corporate Debt | Zero Hedge

Not everybody at Harvard is asleep at the wheel, "lack of economic strategy, especially at the federal level" and a "political system was once the envy of many nations" but has now "become our greatest liability."
There is no recovery and there never was. Harvard Crushes The "Obama Recovery" Farce With 9 Simple Charts | Zero Hedge

LBJ was responsible for the creation of the welfare state with his "Great Society" program. JFK was no piker on this account either. BUT, socialism always breaks the bank. In a general sense, GOV gives make-work jobs to people that aren't qualified enough to hold employment in the private, competitive sector. They are more-or-less insulated from competition. The other cadre who benefit from GOV money is the legions of lawyers and bureaucrats and crooks who latch on to GOV programs to suck at the government teat even though they ARE qualified for the private sector. See "obamacare".

Globalization essentially threw governments into worldwide competition. The currency wars killed wages in the name of preserving domestic jobs. The low-wage labor markets had an advantage going into the competition. BUT, automation is constantly chipping away at the labor markets. China maintains the job market by force-feeding money into the private sector building unnecessary buildings and infrastructure. The West seems to prefer creating more and more GOV jobs.
The essence of the problem is ; a grand collision between socialism and automation. Globalization of capital flows allowed low-wage markets to jump into the competition. This has put enormous strain on the budgets of States around the world. They go deeper and deeper into the negative trying to keep their populace from revolting.

The "Great Experiment" was an effort to offset the effects of automation and job loss with money printing. BUT, this money was created carrying an interest charge. It was CLAIMED that this money would be paid back by future generations. Those future generations won't be born and won't have jobs in the productive sector. The PTB are HIGHLY resistant to the idea of creating the amount of money necessary to keep the economy going without incurring interest charges.
The unfolding crash of sovereign debt means that nobody will have any confidence in buying sovereign bonds. GOV will have to live within it's (our) means OR create debt-free money. The bankers will try to hold on to the old system until the cascade of defaults makes their business plan completely unworkable. Wages have been stagnant for decades and we are now debt saturated. The CBs print to cover up our increasing defaults. At some point, they will NOT be able to print enough to keep the economy from imploding. The distortions are just too great.
Money creation goes way up while wealth creation goes down.
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  #1654  
Old 09-17-2016, 12:07 AM
Danny B Danny B is online now
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The rising dollar and collapsing stock market

"The global economy is drowning in debt – $230 Trillion and counting – that will not be repaid at current value. Expect hyperinflation or outright default."
I really don't think that the numerous CBs can get it together in time to produce helicopter money. It can't be done by a single CB. That leaves default.
"Pension plans and savers are hurt by low and negative interest rates. They have been sacrificed for the continued levitation in the stock and bond markets.
All of the above indicate a correction and possible collapse are coming. Perhaps it began this month, September 2016." Not quite yet.
GREAT graphs; Grand Ascension or Great Collapse? - Gold And Liberty

Armstrong warned GOV that currency manipulation would harm the markets. The reply; "Nonetheless, the White House disagreed since we were the only people with such a model warning that volatility would rise if they embarked on such a path or coordinated manipulation of currency markets. I was flat outright told back then that nobody else had such a model and until others agreed with our forecast, they could not rely upon a single model."
"All it has done is set the stage for a massive dollar rally as more and more countries begin to move to try to exit the EU." About that dollar rally,,, "And the key item to watch is the $USD.
The US Dollar is coiling tighter and tighter into a triangle pattern. If we get a breakout to the upside, the next target is 97.

Historically, spikes to this level have resulted in a stock market meltdown soon after."
https://www.armstrongeconomics.com/m...aos-in-europe/

This is political BUT, it is too funny to pass up; https://www.armstrongeconomics.com/i...ble-candidate/
" spending by the United States Departments of Defense, State, Homeland Security, and Veteran Affairs since 9/11 is now close to $5 trillion USD. "
The US War on Terror Has Cost $5 Trillion and Increased Terrorism by 6,500%
The war profiteers would like to thank the generosity of Americans.
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  #1655  
Old 09-17-2016, 03:27 AM
Danny B Danny B is online now
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Afk

I'm going to Oregon for a few days. I'll leave you to find entertainment and truth with Alex Jones.
https://www.youtube.com/watch?v=UrlEOgEweSs
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  #1656  
Old 09-20-2016, 04:55 AM
quantumfanatic quantumfanatic is offline
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Tent Cities Full Of Homeless People Are Booming In Cities All Over America As Poverty Spikes
By Michael Snyder, on September 11th, 2016


Just like during the last economic crisis, homeless encampments are popping up all over the nation as poverty grows at a very alarming rate. According to the Department of Housing and Urban Development, more than half a million people are homeless in America right now, but that figure is increasing by the day. And it isn’t just adults that we are talking about. It has been reported that that the number of homeless children in this country has risen by 60 percent since the last recession, and Poverty USA says that a total of 1.6 million children slept either in a homeless shelter or in some other form of emergency housing at some point last year. Yes, the stock market may have been experiencing a temporary boom for the last couple of years, but for those on the low end of the economic scale things have just continued to deteriorate.
Tonight, countless numbers of homeless people will try to make it through another chilly night in large tent cities that have been established in the heart of major cities such as Seattle, Washington, D.C. and St. Louis. Homelessness has gotten so bad in California that the L.A. City Council has formally asked Governor Jerry Brown to officially declare a state of emergency. And in Portland the city has extended their “homeless emergency” for yet another year, and city officials are really struggling with how to deal with the booming tent cities that have sprung up…
There have always been homeless people in Portland, but last summer Michelle Cardinal noticed a change outside her office doors.
Almost overnight, it seemed, tents popped up in the park that runs like a green carpet past the offices of her national advertising business. She saw assaults, drug deals and prostitution. Every morning, she said, she cleaned human feces off the doorstep and picked up used needles.
“It started in June and by July it was full-blown. The park was mobbed,” she said. “We’ve got a problem here and the question is how we’re going to deal with it.”
But of course it isn’t just Portland that is experiencing this. The following list of major tent cities that have become so well-known and established that they have been given names comes from Wikipedia…

Camp Hope, Las Cruces, New Mexico [1]
Camp Quixote, Olympia, Washington State[2]
Camp Take Notice, Ann Arbor, Michigan[3]
Dignity Village, Portland, Oregon
Opportunity Village, Eugene, Oregon
Maricopa County Sheriff’s Tent City, Phoenix, Arizona
New Jack City and Little Tijuana, Fresno, California[2]
Nickelsville, located in Seattle[2][4]
Right 2 Dream Too, Portland, Oregon[5]
River Haven,[6] Ventura County, California[7][8]
Safe Ground, Sacramento, California[2]
The Jungle, San Jose, California[2]
Temporary Homeless Service Area (THSA), Ontario, California[2]
Tent City (100+ residents) of Lakewood, New Jersey[9][10]
Tent City, Avenue A and 13th Street, Lubbock, Texas[11]
Tent City, New Jersey forest[12]
Tent City, Bernalillo County, New Mexico[13]
Tent City, banks of the American River, Sacramento, California[14][15][16][17][18][19][20][21][22]
Tent City 3, Seattle
Tent City, Chicago, Illinois [1]
Tent City 4, eastern King County outside of Seattle
The Point, where the Gunnison River and Colorado River meet[23]
The Village of Hope and Community of Hope, Fresno, California[2]
Transition Park, Camden, New Jersey
Tent City, Fayette County, Tennessee, [2]
Camp Unity Eastside, Woodinville, WA [3]
China Hat Road, Bend, Oregon
Most of the time, those that establish tent cities do not want to be discovered because local authorities have a nasty habit of shutting them down and forcing homeless people out of the area. For example, check out what just happened in Elkhart, Indiana…A group of homeless people in Elkhart has been asked to leave the place they call home. For the last time, residents of ‘Tent City’ packed up camp.
City officials gave residents just over a month to vacate the wooded area; Wednesday being the last day to do so. The property has been on Mayor Tim Neese’s radar since he took office in January, calling it both a safety and health hazard to its residents and nearby pedestrian traffic.“This has been their home but you can’t live on public property,” said Mayor Tim Neese, Elkhart.If they can’t live on “public property”, where are they supposed to go?
They certainly can’t live on somebody’s “private property”.
This is the problem – people don’t want to deal with the human feces, the needles, the crime and the other problems that homeless people often bring with them. So the instinct is often to kick them out and send them away.Unfortunately, that doesn’t fix the problem. It just passes it on to someone else.
As this new economic downturn continues to accelerate, our homelessness boom is going to spiral out of control. Pretty soon, there will be tent cities in virtually every community in America.
In fact, there are people that are living comfortable middle class lifestyles right at this moment that will end up in tents. We saw this during the last economic crisis, and it will be even worse as this next one unfolds.Just like last time around, the signs that the middle class is really struggling can be subtle at first, but when you learn to take note of them you will notice that they are all around you. The following comes from an excellent article in the New York Post…Do you see grocery stores closing? Do you see other retailers, like clothing stores and department stores, going out of business?
Are there shuttered storefronts along your Main Street shopping district, where you bought a tool from the hardware store or dropped off your dry cleaning or bought fruits and vegetables?
Are you making as much money annually as you did 10 years ago?Do you see homes in neighborhoods becoming run down as the residents either were foreclosed upon, or the owner lost his or her job so he or she can’t afford to cut the grass or paint the house?Did that same house where the Joneses once lived now become a rental property, where new people come to live every few months?Do you know one or two people who are looking for work? Maybe professionals, who you thought were safe in their jobs?Don’t look down on those that are living in tents, because the truth is that many “middle class Americans” will ultimately end up joining them.The correct response to those that are hurting is love and compassion. We all need help at some point in our lives, and I know that I am certainly grateful to those that have given me a helping hand at various points along my journey.
Sadly, hearts are growing cold all over the nation, and the weather is only going to get colder over the months ahead. Let us pray for health and safety for the hundreds of thousands of Americans that will be sleeping in tents and on the streets this winter.
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  #1657  
Old 09-20-2016, 02:17 PM
Danny B Danny B is online now
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Accelerating craziness

In Paris, they can't even afford the tents; https://www.youtube.com/watch?v=ju79YT_lBVI
Well, the level of madness is rising fast.
Money was created to move goods. When money/credit became untethered from actual tangible wealth, it lost it's relevancy. All GOV is socialist because all GOV does redistribution. A gold standard is the only practical thing that holds currency inflation in check.

This long, meticulous article examines the motivations at the FED. They claim that the FED will raise rates to maintain it's credibility and image. Essence of Decision - Salient A rise in rates is, GAME OVER.
Europe is galloping towards it's guaranteed destiny. This destiny was guaranteed when the European Union was forced down the throats of the European Tribes. https://mises.org/blog/why-eu-doomed

Headlines;
9/18 Italy is the mother of all systemic threats – Zero Hedge
9/19 Italian banking crisis turns into Mission Impossible – Wolf Street
9/19 The beginning of the end of the world – Medium.com
9/19 Why the Fed destroyed the market economy – Economic Prism
9/19 “These are the most dangerous markets I’ve ever witnessed” – Zero Hedge
The Ongoing Collapse of Economics - Graham Caswell
9/20 The stock market is teetering on the edge of a cliff – Casey Research
9/20 Another blow-up is just starting – David Stockman


Essentially, the economists that advise the PTB mistakenly believe that economics is a science. Far from it. The bankers tried to keep the credit system alive after the wage system broke down. This made things MUCH worse.
9/20 35th anniversary of bull market in long-term US Treasuries – SafeHaven This has resulted in a humongous mountain of bull feces that will soon collapse and inundate the productive economy.
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  #1658  
Old 09-20-2016, 08:04 PM
Danny B Danny B is online now
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Kunstler; The Future's Revenge

Slowly, Then All at Once - KUNSTLER
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  #1659  
Old 09-21-2016, 01:56 AM
Danny B Danny B is online now
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Hold on to your gold

This writer swears that the FED is going to raise rates to try to preserve/reclaim credibility. Essence of Decision - Salient

"If the Fed raises interest rates, gold should drop precipitously."
"As the final countdown to the Federal Open Market Committee (FOMC) monetary policy decision winds down, gold sits like a coiled spring on an unsteady rock pile. Either its foundation will give way and it will fall precipitously or the spring will uncoil, propelling gold much higher."
Gold - The Final Countdown - SPDR Gold Trust ETF (NYSEARCA:GLD) | Seeking Alpha

Armstrong; "The greater the slingshot on the downside, the steeper the move on the upside."
"The most bullish position for gold would not be a rally, but a slingshot to the downside first" "That will convince everyone it’s a bear market and then they will fight the rally exactly as they have done in the US share market. Then you will have the confirmation that it will move sharply higher. Without a slingshot, gold must coil to create the base for a Phase Transition. We should see what will unfold by January.
https://www.armstrongeconomics.com/a...se-transition/
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  #1660  
Old 09-21-2016, 05:19 AM
Danny B Danny B is online now
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socialism gone bad

"Not counting the financial crisis, and a few anomalous months following a debt ceiling reset, August 2016 was the single biggest expansion of US debt EVER.

In other words, US federal debt is expanding at its fastest rate since the financial crisis, and one of the fastest rates in all of US history."
US Federal Debt Is Expanding At The Fastest Rate Since The Crisis | Zero Hedge
"The study by the NIRS found that the average American household has $2,500 saved for their retirement. Even worse, the study found that even people near retirement (aged 55-64) have only set aside $14,500 which should allow them to live very comfortably for about 2-3 months."
http://www.zerohedge.com/news/2016-0...500-retirement
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  #1661  
Old 09-21-2016, 04:12 PM
Danny B Danny B is online now
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Competing to see who can have the biggest bust

"A key gauge of credit vulnerability is now three times over the danger threshold and has continued to deteriorate, despite pledges by Chinese premier Li Keqiang to wean the economy off debt-driven growth before it is too late.

The Bank for International Settlements warned in its quarterly report that China’s "credit to GDP gap" has reached 30.1, the highest to date and in a different league altogether from any other major country tracked by the institution. It is also significantly higher than the scores in East Asia's speculative boom on 1997 or in the US subprime bubble before the Lehman crisis.

Studies of earlier banking crises around the world over the last sixty years suggest that any score above ten requires careful monitoring. "
China facing full-blown banking crisis, world's top financial watchdog warns

Japan has gone from stupid to STUPIDER in it's quest to save it's banks.
Bill Blain: What The BOJ Just Did Is "Recipe For Disaster" | Zero Hedge
Signs Are Building That the BOJ Is Reaching Its 'Endgame' - Bloomberg
Japan crashed up against it's low-wage competitors. Business crashed but still, they try to avoid shrinking the financial system. 9/21 Japan August exports fall 9.6 percent on-year – CNBC Japan will definitely reach it's Minsky Moment before long.

The scalawags, war mongers, carpetbaggers and criminals who make money off of corrupt GOV have been kicking in money to keep the party going. LOTS of money. Money Laundering Scheme Exposed: 14 Pro-Clinton Super PACs & Non-Profits Implicated | Zero Hedge

“Let me issue and control a nation's money and I care not who writes the laws.” for I will print money to buy ALL of them.
U.S. Big Banks: A Culture of Crime | Zero Hedge
ALL GOV does redistribution if it isn't corralled by a gold standard. Without a link to gold, GOV prints with wild abandon to support itself and all the corrupted people who come to suck the vitality out of the productive sector without doing any actual work.
The FED demands that we have 2% inflation rate. Decades ago, that was enough to support the legions of non-producers. Today, FEDERAL debt is growing faster than exponentially. This type of situation never ends well.
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  #1662  
Old 09-21-2016, 05:50 PM
aljhoa aljhoa is offline
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Quote:
Originally Posted by Danny B View Post
Japan has gone from stupid to STUPIDER in it's quest to save it's banks.



Al
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  #1663  
Old 09-21-2016, 11:43 PM
Danny B Danny B is online now
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No nookie in Japan

The Japanese are just giving up; https://www.rt.com/news/359631-japan...-demographics/
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  #1664  
Old 09-22-2016, 04:55 AM
Danny B Danny B is online now
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More deaths than births

Japan shows us the road ahead. EVERYTHING collapsing, including population. There is no exit with current thinking. Here is a good writeup on the Chicago Plan.
An Unorthodox Solution To The World's Economic Problems | Zero Hedge
Ms. Fitts has her own observations; Former Wall St. Banker Suggests Global Debt May Not be Owned by Humans : Waking Times

Dallas, Tx has a problem with a lack of confidence in the system; Dallas Police Pension On Verge Of Collapse As Record Number Of Cops Seek Full Withdrawals | Zero Hedge
The FED is looking to put interest rate changes on Autopilot. Janet Yellen's "Footnote 8" - The Negative Rate 'Smoking Gun' That Everyone Missed | Zero Hedge
That way, they can blame any problems on a computer.

The Chairman and CEO of Gallup has some bad news/observations.
"We Haven't Seen This Since The Great Depression" - Gallup CEO Destroys The "Recovery" Lie | Zero Hedge
"The number of publicly listed companies trading on U.S. exchanges has been cut almost in half in the past 20 years"
"In the nearly 30 years before that, the U.S. consistently averaged a surplus of almost 120,000 more business births than deaths each year. But from 2008 to 2011, an average of 420,000 businesses were born annually, while an average of 450,000 per year were dying."

9/21 Fed inaction sparks buying in bonds, stocks, gold, oil as VIX tanks – Zero Hedge
I suspect that inaction is going to be the name of the game in the future. Nobody wants to be blamed for the market meltdown. It is still an open question what will set it off.
China is 3 times as bad in the China’s "credit to GDP gap" as the level that is considered dangerous. Italy is the 10 largest economy but, the 3rd largest bond market. Their prime minister is screaming at the Germans. 9/21 Merkel is ‘lying to public’ Italian PM in furious attack – Express
Revolution is on the wind and death is in the air but, the PTB are paralysed.
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Last edited by Danny B; 09-22-2016 at 02:20 PM. Reason: grammar + mistakes
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  #1665  
Old 09-22-2016, 02:54 PM
Danny B Danny B is online now
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Keynesian claptrap

$5,000 bucks a week to drive around in a big shiny truck; Average Costa Mesa Firefighter Makes Nearly $250,000 Per Year. Why? Pensions. - Union Watch
9/22 A sour surprise for public pensions: two sets of books – New York Times
Automation should have brought us far more price deflation. BUT, the gains in productivity were handed out as stock earnings. Our productivity was handed to the upper loop of the economy.
"Price deflation is an imagined problem. The real problem is asset price deflation fuelled by economic bubbles in the fight against routine price deflation."
https://mishtalk.com/2016/09/21/comm...irresponsible/
50% of the cost for an average product is for the cost of finance. Labor's share of the economic pie has been shrinking severely for decades. The bankers like it that way and want it to continue.

9/22 Wall Street goes “all in” for Hillary Clinton – Liberty Blitzkrieg The Hildebeest promises to be the "war president" from day one. BUT, this has alienated the millennials.

"Keynesian theory says consumers will delay purchases if prices are falling. In practice, all things being equal, it’s precisely the opposite."
The Keynesian Deflation Humbug—–A Reality Check | David Stockman's Contra Corner
The election promises to bring lots of excitement; David Stockman Warns: The Elections Will Bring Pandemonium To Washington and Chaos To The Markets | David Stockman's Contra Corner
9/22 As predicted, Obamacare is failing, devastating middle class – Most Important News
It was also predicted that the Eurozone project would fail but, that didn't stop the world-improvers.
9/22 Bubbles don’t correct, they burst! – Economy And Markets

"And while President Obama chastised “Anyone claiming that America’s economy is in decline is peddling fiction,” US economic growth since the recession ended is tracking at its weakest pace of any expansion since 1949."
Gerald Celente Issues Major Trend Forecast For The Rest Of 2016 | King World News
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Old 09-23-2016, 01:10 AM
Danny B Danny B is online now
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The heavy hitters are running scared

I already posted that the head of the IMF, Christine La Garde has come out and condemned globalism because it is bring so much strife. Now, others are saying more specific negative things. The global-mean wage and resulting lack of purchasing power is slowly deflating the upper loop of the economy.

"The UN's advice to the emerging nations is to retake control of their destiny and turn the tables on the financial elites."
"If trade economists at the United Nations are right, the next traumatic episode may entail the greatest debt jubilee in history."
"Much of the money was wasted, skewed towards "highly cyclical and rent-based sectors of limited strategic importance " Yeah ! the upper loop.
"The extraordinary result is that some countries are slipping backwards, victims of "premature deindustrialisation". Many of them have fallen further behind the rich world than they were in 1980 despite opening up their economies and following the global policy script diligently."
That was the GS asset-stripping script.

"UNCTAD says corporate debt in emerging markets has risen from 57pc to 104pc of GDP since the end of 2008, and much of this may have to written off unless there is a world policy revolution." There will be a revolution, all right.
"We are left with a world in a state of leaderless policy inertia, unable to escape slow suffocation. " Don't worry, the suffocation will speed up because our leaders have NO leadership abilities. I believe that Pres Trump will be as impotent as the rest because congress will be paralysed.
UN fears third leg of the global financial crisis - with prospect of epic debt defaults Â*

The Organisation for Economic Cooperation and Development (OECD has a similar message. https://www.theguardian.com/business...-guardian-view
"In the long run, this failed globalisation needs to be turned into something more sustainable and more inclusive, built on higher wages, robust tax systems and strong public safety nets."

",,,,such as the Bank of International Settlements issuing a dire warning about the massively over leveraged Chinese banking sector; Donald Trump’s surging popularity; Wells Fargo’s “crime of a lifetime”; the exploding worldwide pension crisis; OPEC’s Secretary General all but confirming “no deal” at next week’s “all-important” crude oil producers meeting; and the U.S. national debt – and budget deficit – expanding at the fastest rate since the 2008-09 financial crisis. And the answer is, I’m starting with Deutsche Bank – as unquestionably, it poses the greatest near-term risk to global political, economic, social, and monetary stability."
"In other words, with each passing day it’s becoming more and more clear that for whatever reason, Deutsche Bank has been “marked for death” by “someone” or “someones” with the power and capital, to make it happen. Even I am clueless to guess why Deutsche Bank is being specifically targeted – which it most certainly is. "

"its stock closing yesterday at an all-time low, down 50% year-to-date, and 91% from its 2007 high.

At this point, I’m not sure there’s much more to add than the reams I’ve already published about my staunch belief that Deutsche Bank is not only going down, but going down soon. And that when it does, it will be the financial, political, and monetary equivalent of the 2004 Indian Ocean tsunami – which killed 230,000 people in 14 countries, the vast majority within a few minutes time."
http://www.24hgold.com/english/news-...y+Hoffman&mk=1

Europe's banks are 3 times the size of America's and are leveraged 26-1. 9/23 EU banks may need rescue funds equalling twice ECB capital – Bloomberg

The CBs failed in their attempts to hyper-inflate away the burden of debt repayment. It was never possible if one understands the dynamics of falling wages, global capital flows and debt-money. Now, we are facing a cascade of default. It is VERY doubtful that the PTB could organize a jubilee in the short time that will be available. The 3 scenarios in order of severity.
1. Endless helicopter money.
2. organized debt jubilee.
3. Uncontrolled cascade of default.
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Old 09-23-2016, 03:30 PM
Danny B Danny B is online now
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C. H. Smith,,, after the cascade,,, reality in Texas

In 2008, Lehman Bros defaulted. This caused a chain reaction of default in other banks. The London Interbank overnight rate LIBOR went WAY up because nobody knew who was truly solvent or not. GOV jumped in with $ 800 billion or so. The FED also supplied TONS of loan guarantees. These were logical moves BUT, no remedial actions were take afterwards. Every attempt was watered down. At the same time, banks were required to hold more Tier one capital. They were forced to buy more GOV bonds.

The defaults started at the top of the financial chain. The FED has been working it's way down the financial chain bailing out smaller and smaller entities. The FED started at the top sending money to GOV and banks. Now, it is bailing out all manner of corporations when their earnings are insufficient to keep them alive.
So far, the FED has been able to turn the tide of defaults.

"Every credit boom is followed by a credit bust, as uncreditworthy borrowers and highly leveraged speculators inevitably default."
"Unfortunately, central banks have attempted to outlaw the healthy credit cycle."
"The central banks put out the default/deleveraging forest fire in 2008 with a tsunami of cheap new credit."
"Having unleashed tens of trillions of dollars in new credit since 2008, the central banks have simply increased the likelihood and scale of the coming default conflagration."

"Very few observers explore what happens after defaults start cascading through the system." "Two things happen in a default/deleveraging conflagration. One is that lenders get very wary of lending more money to anyone or any entity other than those with the lowest-risk profiles. That constricts lending to the bottom 95% who are already over-indebted."
Death of credit.
"The second thing that happens is that owners of debt-based, interest-bearing assets such as mortgages and bonds not only lose the principal that will never be paid back--they also lose the future income stream."
LONG, painful fall.
"Without the stimulus of ever-rising credit, the global economy craters in a self-reinforcing cycle of defaults, deleveraging and collapsing debt-based consumption."
Don't forget death,,, lotsa death.
oftwominds-Charles Hugh Smith: Why the Coming Wave of Defaults Will Be Devastating
What happens to the squirrels in the park when the tourists no longer feed them?

Out of Texas;
“This needs to be posted at every school. We use armed guards to protect our money, but do nothing to protect our most precious resource, our children.” https://semperfinews.com/texas-schoo...ill-use-force/
Texas also has had enough of refugees; https://www.texastribune.org/2016/09...ttlement-prog/
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Old 09-25-2016, 05:02 AM
Danny B Danny B is online now
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Get rid of accountability

The reality of a currency war is that it hurts everyone. IF we had a one-world currency, there couldn't be a currency war. Factions of the "elites" are trying to crash everything down to bring on one-world BS.
"Special drawing rights (SDRs) are just world money printed by the IMF. The one advantage of SDRs is that very few people understand them, and there’s no political accountability. SDRs can work hand in hand with helicopter money.

If governments want to spend more but legislatures won’t let them, the IMF can hand out SDRs, and governments can spend those without waiting for their own legislatures to act. The IMF acts like the “central bank of the world,” and no one can stop them."
The Elite Solution: Three New Ways To Get Inflation - The Daily Reckoning
The Chinese Yuan was included in the basket of currencies that make up the SDR. I'm still not impressed with the whole idea. The IMF can print whatever amount it wants.

"The (April) climate agreement may have really just been a disguised helicopter money scheme. Spending on emission reduction programs and infrastructure could total about $6 trillion per year, which would be carried out by the IMF through the issue of special drawing rights (SDRs). "
Elites Secretly Plan “Global New Deal” - The Daily Reckoning

"My view is that in the absence of increases in median wages in advanced economies, we are unlikely to see a meaningful and durable increase in growth in those economies. " https://pro.creditwritedowns.com/201...y-wonkish.html

China; "Credit reached 243pc of GDP by the end on last year, double the level in 2008. Banking system assets have grown by $21 trillion over that time, 1.3 times greater than the entire US commercial banking nexus.
Fitch estimates that the ratio will jump to 253pc this year, and 261pc "
Fitch reveals the $2trillion black hole in China's economy that heralds a lost decade

"War spending is considered to lift the USEconomy with trickle down benefits. It is not. In fact, war spending is probably an order of magnitude more destructive than simple welfare payouts."
"Expansion of the USDollar money supply is considered to lift the USEconomy and to enable its development. It does not. The bitter fruits of the Fascist Business Model cannot be seen more clearly in the fast falling Money Velocity graph. It is down almost 50% since QE was installed. The USD money supply has risen easily by double, yet the USEconomy is in tatters. "
Fascist Business Model: Reich Economics

We bought everything from China without a thought about our own jobs; https://www.youtube.com/watch?v=9k7QXeuY9qc
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Old 09-25-2016, 11:51 PM
Ruphus Ruphus is offline
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Do I have it right?

money flow.png

I can't seem to find what the FED pays the treasury with for printing new bills. I am assuming the treasury will get their bond/securities back from the FED in exchange for making the money. Any clarification or corrections is appreciated.
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Old 09-26-2016, 02:38 AM
wayne.ct wayne.ct is offline
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The graphic supplied by Ruphus

Hey! This is just my opinion and you are free to disagree.

It seems to me that the top dog in this graphic is the Fed. Here is a portion of my reasoning.

The idea put forth in the US Constitution in Article 1, Sections 8 and 10, is that CONGRESS is to be responsible for MONEY and MONEY is GOLD. This would probably mean that an ounce of gold would have a dollar value in the millions, but that is just an aside. If Congress did its job as intended it could print as many paper dollars and electronic dollars as it needed to and business could go on as needed. But that is another what-if.

In the face of the Constitution, the Fed was created (in 1910) to gut the intent of the Constitution and let a small group of BANKERS do the job that founders intended to be done by Congress.

From that time until now, the Fed has been the source of MONEY. With THAT responsibility and power, they have over time come to OWN the entire country and all its assets which makes all of us slaves and puppy dog pets to their elite whims.

It works like this. If either the government or banks need or want something or anything that can be bought with paper promises, they simply make an entry in a ledger somewhere with a balancing debit and credit. They can then spend to their hearts content, subject to whatever rules and regulations that they have all agreed to abide by. This is all monitored and jawboned by the IRS, SEC, FBI, CIA, etc. which gives all this show the surface appearance of being a workable system. They "create" this money and collect interest from the government and all their subsidiary banks, and thereby satisfy their addictions. The subsidiary banks are also allowed to create money, within the limits imposed by their rules and regulations so these minor copycat bankers can play their part in the overall charade. Everybody gets something that they want and so they are basically happy with the game. By everybody I mean the Fed, the government and the "banks".

We, the people, get hammered. This is especially true if we carry any debt and still retain some measure of honor. The crooks and the dishonest live in another world until and when they get caught by the law.

This is just my simplistic opinion, Ruphus, but you sorta asked what thoughts might inform your graphic.

One more comment. When the Fed and the Bankers mess with their powers we get booms and crashes. You don't know when they are going to act stupidly, so you need to be prepared for and expect them to misbehave at any time and in a random and unpredictable fashion. Right about now they seem to be backed into a corner and about to do something stupid.
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Old 09-26-2016, 03:42 AM
Danny B Danny B is online now
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C. H. Smith

https://www.youtube.com/watch?v=voH5Q77jzCU
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Old 09-26-2016, 04:13 AM
Danny B Danny B is online now
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More debt,, more negative euphemisms

They offer money,,, we take it.
"And the world has now reached a point where combined global government and private debt to GDP is the highest by far in history." "the debt level of the 20 percent of U.S. households with the lowest net worth has grown two and a half times faster than all other households. " " In the United States, total nonfinancial private debt is $27 trillion and public debt is $19 trillion. More telling, since 1950, U.S. private debt has almost tripled from 55 percent of GDP to 150 percent of GDP, "
How to Suffocate Your Economy: Drown it in Massive Private Debt. - Evonomics

Microsoft, et al is going downhill, "To wit, during the last 10-years Microsoft earned net income of $178 billion, but paid out to shareholders even more — $186 billion — in stock buybacks and dividends."
"Even more to the point, real net fixed business investment after depreciation is still 20% below the level it each way back in early 2000. That is, two bubbles ago."
"At the closing price yesterday, the S&P 500 traded at 25X the $87 per share"
Clueless Janet Paves the Way for Bigger Crash - The Daily Reckoning

"But 'dumb' mistakes have become 'stupid', and 'stupid' became 'idiotic', and now 'idiotic' mistakes are piling up, "
"Once the illusion of central bank control is fully lost, the financial markets will implode in a deflationary wave that has been held at bay for far too long. Asset prices will collapse, companies will fail, and millions of jobs will be lost. People will re-discover that partying too hard for too long earns a massive hangover."
"total worldwide debt is more than $60 trillion larger than it was before the 2008 financial crisis. "
https://www.peakprosperity.com/blog/101893/hell-pay
"Plutarch once cautioned that an imbalance between rich and poor is the oldest and most fatal ailment of all republics. "

Wells Fargo Whistleblower: "They Are All Riding the Stagecoach to Hell"
9/25 ECB embarrassment: €18 in QE generated just €1 GDP growth – Zero Hedge We need OxyContin with our Viagra
9/25 Merkel says no aid for Deutsche Bank – Mish Like an Ox to the slaughter.

Not only are we flying blind in a dark casino. we have a new euphemism; " a runaway train down an icy mountain, loaded with nuclear explosives."
"Which sadly, is not only plunging steeply downhill, at a rapidly accelerating rate, but features the triple-barreled terminal dangers of historic oversupply; unprecedented, parabolically-rising debt; and relentlessly hyper-inflating currencies. And oh yeah, 7.4 billion people fighting to survive in a world of rapidly declining employment opportunities; rising inflation; and non-existent savings. "

"As when oil inevitably – and perhaps, imminently – crashes below $40/bbl; and potentially, $30/bbl; the wave of defaults will be at least as devastating as the 2008 subprime mortgage crisis. As this time, not only corporations, but sovereign governments themselves will collapse "
"Deutsche Bank of Germany and Bank Monte Paschi of Italy are literally on the verge of collapse. Which, if one or both go, will be the equivalent of a nuclear financial explosion."
• Merkel Rules out State Assistance for Deutsche Bank (BBG)

"overwhelmed by, the negatives associated with a world of 7.4 billion people gone mad. To wit, there is no precedent for a “debt jubilee” this massive – which frankly, makes the October 2nd expiration of the 2016 “jubilee year” that much more interesting, and terrifying. Or, for that matter, a global fiat currency collapse, in which all 7.4 billion people will be negatively affected – politically, economically, and/or socially. And I do mean all."
http://www.24hgold.com/english/news-...y+Hoffman&mk=1
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Old 09-26-2016, 04:53 AM
quantumfanatic quantumfanatic is offline
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A Real Eye Opener - WHY is the USA BANKRUPT? Read this :

We have been hammered with the propaganda that it was the Iraq war and the war on terror that is bankrupting us. I hope the following 14 reasons are forwarded over and over again until they are read so many times that the readers gets sick of reading them. I also have included the URL's for verification of all the following facts.

1. $11 Billion to $22 billion is spent on welfare to illegal immigrants each year by state governments. Verify At : Home | Federation for American Immigration Reform

2. $22 Billion dollars a year is spent on food Assistance programs such as food stamps, WIC, and free school lunches for illegal immigrants. Verify At : The High Cost of Cheap Labor | Center for Immigration Studies

3. $2.5 Billion dollars a year is spent on Medicaid for illegal immigrants. Verify At: The High Cost of Cheap Labor | Center for Immigration Studies

4. $12 Billion dollars a year is spent on Primary and secondary school education for children here illegally and they cannot speak a word of English! Verify At : CNN.com - Transcripts

5. $17 Billion dollars a year is spent for Education for the American-born Children of illegal immigrants, known as Anchor babies. Verify At CNN.com - Transcripts

6. $3 Million Dollars a DAY is spent to incarcerate illegal immigrants. Verify at: CNN.com - Transcripts

7. 30% percent of all Federal Prison Inmates are illegal immigrants. Verify at: https://iowa.slugger.com/owa/UrlBlockedError.aspx (invalid URL)

8. $90 Billion Dollars a year is spent on Illegal immigrants for Welfare & social Services by the American taxpayers. Verify At : http://premium.cnn.com/TRANS CIPTS/0610/29/ldt.01.HTML (invalid URL)

9. $200 Billion dollars a year in suppressed American wages are caused by the illegal immigrants. erify At : http://transcripts.cnn.com/T RANSCRI (invalid URL)

13. In 2006, illegal immigrants sent home $45 BILLION in remittances to their Countries of origin. Verify At : http://www.rense.com/general75/niht.htm

14. The Dark Side of Illegal Immigration: Nearly One million sex crimes committed By Illegal Immigrants In The United States... Verify At http://www.drdsk.com/articleshtml (invalid URL)

The total cost is a whopping $ 338.3 BILLION DOLLARS A YEAR AND IF YOU'RE LIKE ME, HAVING TROUBLE UNDERSTANDING THIS AMOUNT OF MONEY; IT IS $338,300,000,000.00 WHICH WOULD BE ENOUGH TO STIMULATE THE ECONOMY FOR THE CITIZENS OF THIS COUNTRY.

Are we THAT Stupid? YES, FOR ALLOWING THOSE IN THE U.S. . CONGRESS TO GET AWAY WITH DOING THIS YEAR AFTER YEAR!!!!!

If this doesn't bother you, then just delete the message. If, on the other hand, it does raise the hair on the back of your neck, I hope you forward it to every Legal Resident in the United States!!! - More reasons why you MUST vote Trump for President
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Old 09-26-2016, 02:48 PM
Danny B Danny B is online now
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Responsibiloity and the State

They offer money,,, we take it.
The modern corporate structure dis-allows personal responsibility to the corporate officers. You can see the results. Things like Love Canal.
The corporation is immortal and beyond the reach of the law. No accountability.
What about, at the personal level? Socialism is a negation of personal responsibility. What happens to a society where nobody has to be responsible?
The Jamestown colony was set up where no private person owned the land. "that which is owned by nobody in particular is cared for by nobody."
"The Starving Time at Jamestown in the Colony of Virginia was a period of starvation during the winter of 1609–1610 in which all but 40 of 144 colonists died?" They didn't raise enough food to survive.

Socialism focuses on distribution AND negates personal responsibility. It always goes bust. What about personal responsibility? What happens to the burden of raising children when the State rushes in with handouts? What happens to society?
https://www.youtube.com/watch?v=FszQelEQ2KY

The Temptations did a song called Cloud Nine;
(Cloud 9) [Paul:] You can be what you wanna be.
(Cloud 9) [Dennis:] You ain't got no responsibility.
(Cloud 9) [Eddie:] Every man, every man is free.
(Cloud 9) [Dennis:] You're a million miles from reality.
(Cloud 9) [Paul:] You can be what you wanna be.
THE TEMPTATIONS LYRICS - Cloud Nine
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Old 09-26-2016, 07:44 PM
Danny B Danny B is online now
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more market drama

50% of the cost of anything you buy is for finance,,, on average. That means that our prices are doubled. We can't compete on the world market. This isn't particularly Obummers fault. It's the "market"
26 Incredible Facts About The Economy That Every American Should Know For The Trump-Clinton Debate

9/26 Stocks tumble pretty much everywhere – Fox Business
9/26 Contagion risks rise as China banks fund each others’ loans – Bloomberg

9/26 A weaker currency is no longer economic elixir it once was – Bloomberg The drug of "competitive devaluation" is wearing off.
9/26 Many bankers, bureaucrats and lawyers could become redundant – Finance Two Zero THE SILVER LINING
9/26 BOJ positions for post-Kuroda era with policy for long haul – Bloomberg There is NO POSSIBLE position
9/26 US bond market’s biggest buyers are selling like never before – Bloomberg The rush for the exits.
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Old 09-27-2016, 12:57 AM
Ruphus Ruphus is offline
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Thanks Wayne. I was just trying to make a flow chart for the creation of money to the return of the created FED dollar. I am still learning this stuff and it's difficult for me to see the cycle go full circle.

The sketchy parts are hard to put in the chart like:

How can the FED require additional payment (interest) on the first dollar without creating the extra money to pay it, thereby creating additional interest payments.

How can someone buy a treasury bond with US FED dollars if the rate of inflation does not equal the interest paid by the bond? This would be a bad sale on the treasury side, correct?
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Old 09-27-2016, 03:21 AM
Danny B Danny B is online now
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Money creation

Ruphus, the money supply is a very murky subject. Here are a few links;
https://www.federalreserve.gov/faqs/money_12845.htm

Monetary Base vs. Money Supply | Value Investing Basics

https://en.wikipedia.org/wiki/Monetary_base

When you sign for a loan, your signature creates the money out of thin air as an entry in a ledger. When you repay the loan, the money is effectively destroyed. The bank keeps the interest. In a general sense, all low-power money is created by the banks to be later destroyed. The interest that the bank receives is unencumbered by an interest burden and is now considered high-power money.
The banks do not loan out their reserves. They are set aside for loan-loss provisions. Most money is created by private banks rather than by the FED.

In the United States, total nonfinancial private debt is $27 trillion This is all debt-money. The FED balance sheet is reported to be only $4.2 trillion. Essentially, the private banks create our money. The FED creates the money for the GOV. The money created by the FED for GOV is technically debt-money but, it realistically isn't going to be paid back. The FED can sell the Treasury notes from GOV that it holds BUT, nobody is buying treasury notes from anybody.
The interest that the FED charges the FED GOV is repaid back to the GOV. Both the FED and the Social Security administration are sitting on $ trillions in bonds that they can never sell.

If everybody is dumping treasury bonds, how can we pay for the $1.5 billion a day in imports . We don't pay for them with exports. Our trade deficit is $45 billion a month. Our vendors are doing vendor-financing. This isn't expected to go on much longer.
"The trade deficit exists because U.S. exports to China were only $116.2 billion while imports from China hit a new record of $481.9 billion. "
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Old 09-27-2016, 03:01 PM
Danny B Danny B is online now
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Stealing future prosperity to create a smouldering pile of ruins

The Internet is a VERY big stage and some VERY smart people are stepping up to give us the benefit of their wisdom,,, free of charge. That is the main reason that economic movements are nudging up close to light-speed.(c)
This article from John Hussman is a good example of what you get when you join computerized records and a brilliant mind. I'll excerpt the more colorful parts but, the whole article is a must read.

"In recent years, the U.S. equity market has scaled the third steepest cliff in history, eclipsed only by the 1929 and 2000 peaks, as investors rest their full confidence and weight on the protrusions of a structurally deteriorating economy, imagining that they are instead the footholds of a robust investment environment.
Indeed, growth in real U.S. gross domestic investment has collapsed since 2000 to just one-fifth of the rate it enjoyed in the preceding half-century, and has averaged zero growth over the past decade.
All of this may feel good, but it’s only a temporary high in a fatal cycle, and the members of the Federal Reserve Board are just dope dealers on speed-dial.

Unfortunately, like the tech bubble and the housing bubble before it, this gleeful romp into the land of “this time it’s different” is likely to collapse in a smoldering pile of ruins. The reason is that the very things that have created this glorious rear-view landscape have been obtained by ripping prosperity from the future.
The higher investors have driven market valuations, the lower prospective future returns have become. What looks beautiful in the rear-view mirror has been torn from the abyss that lies ahead in the windshield.

Structural Growth and Dope Dealers on Speed-Dial - Hussman Funds - Commentaries - Advisor Perspectives

9/27 Perry Capital closing flagship fund after three decades – Bloomberg
9/27 Draghi increases risk of global trade collapse – Mish
9/27 For Deutsche Bank, the news just keeps getting worse – Zero Hedge
9/27 “The time has come to leave the dance floor” – Casey Research

9/27 Commerzbank to fire 9,000, 18% of its entire workforce – Zero Hedge B of A has cut over 20%.
9/27 Solar power cost down 25% in five months – Electrek
Every watt of renewable is another slash in the death of a 1,000 cuts for carbon energy.
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Old 09-28-2016, 01:14 AM
Danny B Danny B is online now
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The fallout from the end of growth

FASCINATING article on the end of growth; https://www.theautomaticearth.com/20...here-is-trump/
FASCINATING article on money and information; http://www.24hgold.com/english/news-...han+Lewis&mk=1
Excellent article on the total idiocy of Merkel; https://www.armstrongeconomics.com/i...ll-of-history/

The oil companies are going bankrupt faster and faster; Oil And Gas Bankruptcies Set To Double This Year | OilPrice.com
The Anglo-American war machine is selling more and more; The Anglo-American War Machine | New Eastern Outlook
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Old 09-28-2016, 02:10 PM
Danny B Danny B is online now
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That which must never be spoken

I tried to post this but, it just won't go. I’m going to break it up and see if it will enter.
Nope, I can't even post one PARAGRAPH. You'll just have to read the article without me doing excerpts. It is VERY important.
Joining the Dots: Why the Establishment Hates Donald Trump | Global Research - Centre for Research on Globalization
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