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Acronym
TPTB - Definition by AcronymFinder
TPTB The Powers That Be
The jews have long claimed that they are the chosen people, hence, chosenites.
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The CBs never did have a clue
The CBs have pumped liquidity into the upper loop for many years. Essentially, the lower loop can get by with just the money needed to facilitate production & consumption. All the extra money is JUST for the speculators. They buy up everything on a slim margin and re-sell it to the eventual end consumer. When our aggregate wages crashed, there just wasn't enough money circulating to keep all the speculators in business.
The CBs pumped in money to uphold the prices/values of everything that the lower loop of consumers buys. Money was pumped into everything EXCEPT wages. As consumption fell, the corporatocracy cut wages to maintain their profit margins. This lowered aggregate consumption even more.
Every time that the credit airplane threatens to fall out of the sky, the CB pumps in more liquidity. The States are trying to inflate away the pain of repaying debt. They (the Bozos) believed that monetary inflation would translate into system-wide inflation. Price inflation is running about 10%,,, depending on what you are paying for. The 95% of the lower loop take their diminishing paycheck (or welfare) and just buy essentials. The clowns at the FED never imagined that WAGE inflation was a necessary component of general inflation.
The stupefied PHDs at the FED are dumbfounded that they can't create general inflation in spite of the fact that the CBs have pumped in $100 trillion.
What could possibly go wrong?

OK, so the FED created lots of debt money to keep the credit airplane aloft. They are slowly coming to the realization that the lower loop will never have the money to pay the FED. The credit airplane MUST have endless fresh money to make up for our endlessly lower wages. The other factor that affects aggregate American wages; Rense,The Real Unemployment Number - 102 Million
The FED assigns a number to their balance sheet. Who knows how accurate it is. Who knows how much was pumped in by the ESF and PPT? They claim that they are at $ 4 1/2 trillion. The FED bought up Treasuries because nobody else wanted them. They claim that various other States bought treasuries but, there is no reason to believe them. So, the FED is holding all these Treasury bonds and rolling them over. The FED wants to reduce their balance sheet and sell off the bonds rather than rolling them over.
In a general sense, the FED sells a bond and the buyer pays cash which diminishes the money supply.
"Cornerstone MacroLLC in Washington, expects the first cap to land at $10 billion, rising by $10 billion every three months before settling after 15 months at a steady state of $60 billion."
They expect to shrink the balance sheet by about $2 trillion.
"steady state of $60 billion" Coincidentally $60 billion is how much Draghi is pumping into the Euro bond market to keep it from collapsing.
Each U.S. president has doubled the debt to keep the debt airplane flying. Can the FED shrink it's balance sheet at the same time that U.S. GOV needs ever-more money? This will come into focus when the debt-ceiling fight gets heated up.
I'm sure that this will work out well when the time comes.
The CBs have bailed out the bond and stock markets but, they can't bail out everybody in trouble.
Your local drug pusher is doing what he does best,,,, creating addicts for profit, https://jonrappoport.wordpress.com/2...d-in-one-year/
Spanish banks have a big problem, Deposit Bail In Risk as Spanish Bank?s Stocks Crash - GoldCore Gold Bullion Dealer
Italian banks will crash the moment that Draghi cuts back on bond buying.
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Central Banks Are Trojan Horses, Looting Their Host Nations
Are chosenites TPTB?Originally posted by Danny B View PostTPTB - Definition by AcronymFinder
TPTB The Powers That Be
The jews have long claimed that they are the chosen people, hence, chosenites.
Al
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Those you dare not criticise
You're asking a question that has a long answer. The owners and controllers of the FED are/have been almost entirely jewish.
The Federal Reserve - Zionist Jewish Private Bankers
The average jew is just like any other average person in the same culture. Everybody just wants to get along and be left alone. Yes, they claim that they are the chosen people. This claim is fairly common in many cultures.
What sets a portion of the jews apart is; the constant scheming and grabs for power. Even the Caesars complained about the scheming jews. They have been kicked out of thousands of cities, states regions, etc. There are always some of them who try to take over everything. The Eastern Roman Empire, head quartered in Constantinople did not allow jews to hold office, teach, or work in finance. That empire lasted for 1100 years until conquered by the Turkic invaders.
The big problem for the jews is that; their successes have attracted the zionists. Decades ago, Henry Ford wrote about the "international jews",,, those who have no roots and plunder anything they encounter.
Ford distinguished the international jews from the average jew.
Theodor Herzyl is the spiritual father of modern day Israel. Here is what he dreamed of;
"I truly believe that even after we possess our land, Zionism will not
cease to be an ideal. For Zionism includes not only the yearning for a
plot of promised land legally acquired for our weary people, but also the
yearning for ethical and spiritual fulfillment"
Sadly, the jews got themselves real estate in a BAD neighborhood. They didn't acquire it legally. Ethical and spiritual fulfilment completely eludes them.
Herzyl's dream has turned into a nightmare. Israel is just a garrison surrounded with very high walls.
To secure independence, the fledgling state formed terror gangs to go around blowing up anything and everything. Their crowning achievement was when Rahm Emanuel's father and a group blew up the King David hotel and killed many of the British command. The British declared Palestine to be ungovernable. Without the British exercising some control, the terror gangs were free to engage in ethnic cleansing. The most infamous incident was at Der Yassim.
The terror gangs went house to house killing mostly women and children because the men were NOT present. This action and many others like it set the pattern for subsequent genocide.
Here are some modern-day headlines;
Deir Yassin Massacre Myth Resurfaced - Israel Today | Israel News
Book Review: The Myth of the Deir Yassin Massacre - Israel National ...
Historian Uri Milstein Debunks the Myths of Deir Yassin
A Mythical Massacre: Deir Yassin - Pre-Trib Research Center -
The "fighters" (including Menachin Begin) stacked up the bodies of the dead women and children for photo-ops.
The jews are starting to catch on that judaism has been hijacked by zionism,
Judaism is not Zionism
The current claim is that Ashkenazi jews are responsible for all the excesses of warring and power-mongering. I haven't read deeply into this.
The idea of international pillaging isn't solely the province of jews and/or international jews.... Though George Soros definitely gives them a bad name. John Perkins wrote about the international jackals. I imagine that there are all sorts of people besides jews that will pillage without ANY qualms.
The book has been updated to claim that the international jackals have now set their sights on the biggest prise of all, America.
The jews have been kicked out of MANY places. What about the Amish, the Menonites, The Jains, the Buddhists? Hopefully, the jews will throw off the yoke of zionism and be forego the dream of world conquest.
I've gone way off-topic but, it is background for our economic situation.
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I found a good article that I want to excerpt generously.
"Total U.S. household debt was $12.73 trillion at the end of the first quarter of 2017, up $473 billion from a year ago"
So, we borrowed a 1/2 $trillion to make ends meet.
Bet on beer!Summer Storm Keeps Building as Second Dip of Great Recession Approaches | Zero HedgeThe MSM STILL Won't Report This Huge Story
Both US Carriers Ordered OUT Of The Sea Of Japan
Trump Blinks - Pentagon Orders US Naval Armada Away
The Chinese cough up money,,, the navy turns around.
Albert Edwards writes about the financial "ice age".
"Investors Should Be Petrified" Of The Coming Ice Age: Here Are Albert Edwards' Scariest Charts | Zero HedgeOur Money System Is Pure Fantasy! Here's Why - munKNEE dot.com
This is going to become very interesting in the coming default cascade.
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Which way will the FED go? Socialism, or muddle through
Most of the big-name investors claim that we will soon see a crash of the stock market; Barrage Of Billionaire Bears Predict Doom And Gloom, Refuse To Sell | Zero Hedge
Buffet has gone to cash. Many investors believe that the CB will pump up the stock market forever. I really have no idea. The FED is owned by jewish European bankers. Will they keep the party going? Will they crash the system to usher in one-world socialism? The jews have always endorsed and pushed socialism. Soros is doing his best to bring the blessings of socialism to the whole world.
Having a very good memory of the failures of socialism and communism, the East will NEVER endorse classical socialism. China is trying to take the best elements of State control and combine them with the best elements of free markets. We'll see.
If the East refuses to follow the enlightened path, there is no chance of world socialism. The Cloward-Piven "strategy" devised by the Chicago school of socialism calls for; crash the whole GOV by insatiable social-support demands. Illinois is well on it's way to a total crash. Marvellous socialism is supposed to rise up out of the ashes.
If the Western CBs do indeed plan to crash it all down to bring one-world GOV, they will find one-world GOV minus most of the world.
Like Chicago, they will find their credit cut off. So, will the CBs bring/allow a crash knowing that it will bring just a crash and NOT a perfect utopia OR, will they try to muddle through?
America the beautiful is now a third-world State by many measures, https://theintellectualist.co/study-...tion-citizens/
What happens when the cascade of default hits? How low will it go?
It is speculated that the PPT is pumping $200 billion a month into the stock market. "They" are hoping for a major trickle down effect. The default rate is picking up fast. How long can the CB pump money into the head while the body dies? The defaults are starting to take out the banks.
India is starting to take notice of the effects of automation;
Govt abandons goal of training 500 million people in new skills by 2022 - Livemint
Their GOV is in a fight with the Central bank, https://www.bloomberg.com/news/artic...ia-to-cut-rate
Trump is soon to be in a fight with the FED. They plan to tighten. They need to make up for lost time of "no tightening" under obummer. Trump has lost most of his battles because nobody in the legislature is supporting him. The money battles in July will be the biggest and worst.
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Solar and wind killing carbon and nuke
" Following rapid growth across the industry in 2016, the United States solar market added 2,044 megawatts of new capacity in the first quarter of 2017.
As installations grow, prices continue to fall to new lows, with utility-scale system prices dropping below the $1 per watt barrier for the first time,"
Utility-scale solar prices fall below $1 per watt for first time; capacity expected to triple over next five years.
The death of oil is being much hyped.
This reminds me of the time when word processors came into vogue. There were many predictions that the paper business would go out of business.
The oil industry is going to be forced to default eventually. This will wreck the financial industry that is so heavily invested in oil. The oil industry has a LOT of sunk costs that are not going to be valuable any more. This is even more true of the nuke industry.
Iran and Russia are the low-cost oil producers. The solar panel industry is fleeing India because of the competition from China. The oil industry will do the same and ONLY flow to the low-cost producer.
Venezuela and Saudi can pump oil cheaply but, their enormous bureaucracy and benefits demand that they sell high.
The coal industry gives you a preview of what is coming for oil and nuke, Coal Mine Valued At $630 Million In 2011 Just Sold For One DollarTam Hunt says solar and other breakthrough clean energy technologies are progressing more rapidly than expected.
The article has a lot to say about the falling cost of storage of electricity also.
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Financial Repression Authority
Household net worth, Household Net Worth Hits A Record $95 Trillion... There Is Just One Catch | Zero Hedge
When spending is slashed on the grounds it is saving future generations from crippling debt, it is endowing future generations with less roads and less...
Keen and a few others argue for GOV to supply the money that the producing economy needs. The current, common arrangement is to supply money that the speculators need.
GOV created coco bonds To soften the crash of any bank. The Spanish bank crashed with blinding speed and the bonds never came into play. This same speed can be expected when the default cascade kicks off.
We've greatly surpassed the 2007 bubble. We're in the home stretch to surpass the 2000 bubble.

So, if FED GOV does not issue debt-free money, the meltdown will continue to get worse. If FED GOV does issue debt-free money, the bankers will be out of business,,, to a great degree.
You can bet that congress will blow the whole system.
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Britain and the election
The free marketgeneral sense, sovereign debt was created to support socialism. The Eurozone is going to get a hard lesson that; you can't borrow money to support socialism. You can print it debt-free but, you can't borrow it.
It's looking like a hung Parliament and the polls got it wrong again in Britain. The Conservatives appear to be 12 seats short of the 326 to rule with a
In America, the CB created money to support wars,,, and then, the money was cycled through the economy to support socialism.
China is creating debt-free (essentially) money to support productivity. Will the Eurozone follow their lead when push comes to shove? When all confidence is lost in the sovereign bond market, will the ECB just print up what is needed? I suspect that is a "bridge too far".
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Will the FED bring it all down OR not?
"central banks are now injecting a record $300 billion in liquidity per month, above the $200 billion which Deutsche Bank recently warned is a "red-line" indicator for risk assets."
"Central Banks Have Bought A Record $1.5 Trillion In Assets In 2017"
"Today BofA's Michael Hartnett provides an update on this number: he writes that central bank balance sheets have now grown to a record $15.1 trillion, up from $14.6 trillion in late April"
"Nothing Else Matters": Central Banks Have Bought A Record $1.5 Trillion In Assets In 2017 | Zero Hedge
So, how long can / will they keep this up? What would stop it,,, what could stop it?
The cash has moves into stocks, http://realinvestmentadvice.com/wp-c...els-060617.png There is NO volatility because the CBs buy up everything in sight to uphold prices.
Artificial support like this can NEVER be withdrawn.
The CBs MUST maintain value but, can do nothing for growth, http://www.zerohedge.com/sites/defau...609_EOD4_0.jpg
The FANG stocks are the poster child for the economic recovery. EVERYBODY piled in. There are no returns for almost all of the S&P 500. Now, the FANGS are going down. http://www.zerohedge.com/sites/defau...70609_EOD3.jpg
The CB can't do much for the consumer,
The FED ended QE and everything fell. They can never end QE but, now, they are talking about shrinking their balance sheet.
They are ALL on drugs.

NOBODY can afford to cut off stimulus now.
Wait, wait! What about all the oil they found around Coober Pedy?

"an illusion wrapped in a mirage inside a fantasy " That could apply to a LOT of things today.
So, there is no volatility, NO fear. The CBs will pump in liquidity forever. Why are the FANGS falling?
Alex Jones predicts that the FED will bring it all down to stop Trump.
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The poison slowly spreads through the system
I found an excellent article on cryptocurrencies. Purportedly, Bitcoin has value because the number than can be mined is strictly limited.
BUT, "But let's not forget that there are over 700 cryptocurrencies, digital coins, and altcoins in existence today and there will be over 1,000 by the end of the year, so this argument (limited supply)will not hold in the test of time for the cryptocurrency ecosystem itself."
Cryptocurrencies: Intrinsic Value Boil DownJim Rogers Warns Next Crisis Will Be "Biggest In My Lifetime" | Zero Hedge
"There will be unprecedented volatility between inflation and deflation cycles in the future due to these factors." http://i2.wp.com/armstrongeconomics....7/dfinf-cl.jpg
2047
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FED funds rate,, june 14 meeting... reinstatement of Glass-Steagall
ALL governments eventually default. Loaning money to the U.S. federal government is considered risk-free. Since it is risk-free
, all other investments must reference off of the FED funds rate. Lowering the rate essentially pumps money into the economy. When the BRICs burst on the scene and killed out manufacturing base, Greenspan responded by lowering the rates to make up the difference ,,, the lack of money in the lower loop.
The lower loop continues to fall in discretionary spending. The consuming population continues to fall. Raising the prime rate is essentially deflationary because it removes "money" from circulating in the economy and attracts it to GOV bonds. The FED is scared witless (they are generally witless anyway) of deflation. Volker raised the rates to <21%> to combat inflation.
The FED lowers the prime rate to goose the economy. The economy has been "goosed' for several years now. Cheap money does NOT make up for lost jobs and lost wages.
The FED desperately wants to raise rates so the that,,, they can lower them in the next crash. Problem is; the last crash never ended. It just got put on "hold" by the money pumping.
June 14 is the next FED meeting. They are looking to raise rates. If they raise rates, this attracts capital from all over the world. The dollar goes up, This kills our exports AND screws every country that has dollar-denominated debt to repay. The U.S gets a cold and the rest of the world gets diarrhoea.
It also makes it more expensive for GOV to service sovereign debt. This puts Trump at loggerheads with the FED.
The FED can raise the prime rate but, this does not mean that the banks will raise rates. There has to be a demand for credit.
The increase in monetary pumping however sets in motion a new boom-bust cycle. Also, once economic activity starts to recover on its own (as a result of the
Here is payroll growth vs the FED funds rate; https://static.seekingalpha.com/uplo...-738037794.jpg
They can't effectively raise the cost of money when people are losing their jobs and income. https://seekingalpha.com/article/407...fed-funds-rate
"Next Wednesday, the Fed will likely press forward on its mission to raise rates and cut its balance sheet. But, assuming it makes this move (as widely expected), it will be the first time in 80 years it has pursued this kind of policy amidst such tumultuous economic conditions."
The Federal Reserve Hasn?t Enacted This Policy in 80 Years
The FED MUST increase the money supply by about 2% a year to supply liquidity for hordes of speculators that don't actually produce anything,,, but want to eat anyway.
The producing loop had a huge downturn to the FED had to print like crazy.
In figuring out it's actions the FED uses the Taylor Rule to adjust interest rates. The Taylor rule takes into account the employment figures. The current employment figures used by the FED are comparable to a buffet served out of a cesspool. The FED has missed EVERY downturn and recession. They have some 200 PHDs working for them.
The stock market is going down and down in spite of all the money pumping. http://media.peakprosperity.com/imag...2017-06-09.jpg
EVERYTHING done to boost the economy has been done to support the speculators at the expense of the laborers.
Thank You Bill Clinton.
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Nobody knows what is going to blow first
The various CBs and States have bought up tons of stocks to maintain prices and drive down volatility. There are 315 Billion shares traded per trading day worldwide. Every time that and "important" stock starts to fall, the CBs step in. SO, the investors know that they can always sell to the CB. The CBs tend to buy & hold rather than churning to make a few cents.
Everyone and their cousin are claiming that stocks are going to crash. The CBs have upheld prices and killed volatility. As long as the CBs continue to pump in $300 billion a month
, asset prices may very well stay up.
The S&P is firmly in lock step with the printing press, https://i1.wp.com/goldswitzerland.co...06%2C372&ssl=1
Who knows how long that can be maintained?
"Unsecured households, Auto loans and Student debts. Outstanding debt for each one of these categories exceeds $1 trillion and growing. But not only are the debts growing but so are bad debts. Eventually most of these debts will become bad debts with no chance of ever being repaid. Also, US corporate debt is growing and is up $8 trillion since 2010."
At some point in the next few years, the debt & asset bubbles will implode with dire consequences for the global economy, especially those without gold.
So, everybody took on debt in the good times and now, they don't know what to do about high debt loads,,, other than pray for continued low interest rates.
The blame-game is just getting started.
This is the kind of action that will really spook debt holders.
Eventually, they will reach for the suicide pill.
SPEED KILLS !
These are just a few examples of the blinding speed of change.
The same is true for suicides in Japan.
"The derivatives are the black holes of financial engineering, and can easily consume all the physical wealth and all the money in the world, and still be bankrupt. Gordon Brown's demand of $500 billion for the IMF is enough to bankrupt several nations, but pitifully inadequate to deal with the derivatives. "
"It is time to lift the crushing weight of derivatives from the backs of humanity before the world economy and the major nations collapse into irreversible chaos and war, as seen during the 1930s."
"5) Derivatives are fictitious capital. No matter what type of derivative contract an investor buys, his money flows into the US credit market. As a result, while derivatives give investors the illusion of worth, they are in fact backed by the largest credit bubble in the history of mankind. Their real worth is zero (hence they are fictitious capital)."
This Super Bubble Is About to Pop | International Man
So, we're going to have a supernova, an ice age and a lightning rod,,, while flying blind, jacked up on monetary Viagra, through a casino loaded with debt-bombs.
This Super Bubble Is About to Pop | International Man
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