Economic pressures

[Danny B]

Desperate U.N,,,, anti anti war hysteria

ZH, Civil Unrest Is Erupting All Over The World, But Just Wait Until America Joins The Party...
I've got my remote BOB.
Central Banks Are Out Of Ammo - UN Head Demands Immediate Fiscal Stimulus To Save World From Crisis
Don't hold your breath. This is all part of planned population reduction.
Goldman: The Fed Was The Main Driver Of Markets In 2019
There is an election coming

Democrats Have No Answer For Trump's Anti-War Posture
"Russian Asset" Is A Meaningless Noise War-Pigs Make With Their Face-Holes
It has been firmly established beyond any doubt that it is now literally impossible for an American political figure to vocally oppose US warmongering without being labeled a Russian asset...
Winners & Losers In The Failed American Project For A 'New Middle East'
The winners would be Americans, Syrians, Iranians and Putin. The main loser would be Netanayahoo.

"Toe The Line Or Be Destroyed": Tulsi Gabbard Dismantles Establishment 'Hit-Job' In Viral Video
"If you stand up to the rich and powerful elite and the war machine, they will destroy you and discredit your message..."



The new Blue man group.

Yes, absolutely. Easing has failed for 20+ years. Keep doing it.
Entrenched congressional corruption.

https://www.forbes.com/sites/adamandrzejewski/2019/10/16/ever-wonder-about-the-definition-of-incumbent-advantage-these-five-powerful-members-of-congress-have-figured-it-all-out/#71282ee11287

[Danny B]

Responsibility and validation for men in the future

Here is a vid Of George Jetson. He gets up at 11:00 to go to work. He works 2 days a week for 1 hour a day.

https://www.youtube.com/watch?v=ayWyniqrT3w

Sheep dogs are genetically suited to herd sheep and, only happy when they are doing this. Race horses are only happy when running.
Man is a social creature who is programmed to support the family and clan.
Jordan Peterson argues convincingly that; the meaning of life for men is; seeking and, bearing responsibility. (crosspost)

https://www.youtube.com/watch?v=NX2ep5fCJZ8

He also argues that "weak men can't be virtuous."

https://www.youtube.com/watch?v=bWYrAU5mmXE&t=137s

Moreover, he argues that; young men (especially) feel lost in today's culture because there is no call for them to shoulder responsibility as it was many years ago.

https://www.youtube.com/watch?v=s1tS7ylRVHw&t=384s

Statistics seem to bear this out. 80% of college students are women. As we perfect ever-more labor saving devices, there are fewer niches that are a good fit for men.
Peterson calls this a crisis. Drug addiction and suicide rates seem to prove him correct.
Militant feminism has alienated him from traditional relationships.
Women seem to believe that men lack enough confidence to approach and, date women.

https://www.youtube.com/watch?v=GqYNQc3F0P8&t=354s

Women have just become too mercenary.

https://www.zerohedge.com/news/2019-09-06/researchers-blame-marriage-rate-decline-lack-economically-attractive-men

As women alienate men, the men are thwarted in their natural roles.

https://aeon.co/essays/the-devotion-of-the-human-dad-separates-us-from-other-apes

How will this play out in the future?
What does George Jetson DO all day?
What is the future of automation.?
Humans are extremely social. What happens when women can't find mates.
What happens when men can find no validation or fulfilment in life?

In Japan, only 42% of couples have sex in a given month. The men have just lost all interest,,, especially in the crowded cities. The Japanese girls are all looking for a "farm boy". The population is shrinking rapidly.
Our natural tendency is to; take on responsibility to support the family and clan.

The antithesis of this is corruption.
As most people know, Aspartame is a neuro-toxin that produces formaldehyde in the body. It's a poison, plain and simple.
Donald Rumsfeld was the CEO of Searle and, when he went to work for the State, he demanded that the FDA approve aspartame. He is responsible for the early death of millions.

Most corruption is simply a question of putting personal gain ahead of the good of the clan. Some of the corruption is a case of putting the interests one clan far above the general good. Theocracies seem to be pretty bad about this. Israel and Saudi being good examples. Erdogan in Turkey is moving in this direction. Turkey is 98% muslim so, it's no surprise.

Automation has brought on a crisis where very few men have a necessary niche in society. The women are floundering because they can't connect with men. They are finding that there are ever-fewer men who will listen to their demands. Much of society is dis-integrating because of these problems.
The coming financial crash will be that much worse because the left-right dynamic will prevent the State from working cohesively.
The banker-caused destruction of the nuclear family will mean that family support will be that much more unlikely. The gender wars mean that supportive men will be mostly unavailable to women.

[Danny B]

https://www.counterpunch.org/2019/10/21/the-empire-steps-back/

https://www.scmp.com/economy/china-economy/article/3033564/china-doubles-value-infrastructure-project-approvals-stave

https://aheadoftheherd.com/Newsletter/2019/The-Coming-Great-Global-Reset.htm

The rest of the article is an inti0Trump tirade..

Debt per capita.

https://zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com/s3fs-public/styles/inline_image_desktop/public/inline-images/DB%20consumer%20debt%20loads.jpg?itok=EtLbMXmh

https://www.zerohedge.com/economics/ubs-warns-lower-tier-consumers-remains-under-disproportionate-pressure

That dirty commie 8itch did her best to destroy Germany by bring in unvetted immigrants. Switzerland has Italian cantons,,, French cantons and, German cantons. They get along fine they do NOT have any Somali cantons.
Merkel won the Kalergi prize for the damage she has done.
Wiki, "The Kalergi plan (Italian: piano Kalergi), or sometimes called the Coudenhove-Kalergi Conspiracy, is a far-right, anti-semitic, white nationalist conspiracy theory, ..."
Yes, of course it is anti-semitic and white and a conspiracy.

"a plan to destroy the indigenous nations and peoples of Europe. What Kalergi called for was not only the destruction of European nation states but also the deliberate ethnocide of the indigenous, mostly Caucasian race of the European continent. This, he proposed, should be done through enforced mass migration to create an undifferentiated homogenous mass of serfs to be dominated by a wealthy self-electing elite. These are all Kalergi's crude and racialist words, not mine:"
You can see why this appeals to the master race.
Sweden Is Sliding Into Utter Chaos...and The Media Is Applauding


In Catalunya, the Guardia Civil is specifically beating up members of the press.

https://www.zerohedge.com/political/spains-catalonia-crisis-just-got-lot-worse

Trump - US Military Companies Against Bringing Troops Home From Syria

50% Of World's Banks Too Weak To Survive Downturn
Omniviolence Is Coming And World Isn't Ready
Spell check doesn't recognise Omniviolence. Are they going to beat up omnivores?

[Danny B]

Misc headlines

Zero Hedge has an article titled, "The End of Fiat" It just isn't that simple. We must have an instrument for exchanging goods and services. The acceptance of fiat currencies is mandated by the State in a given currency domain. OUTSIDE this domain, it is a different story. China can't force anybody to accept Yuan. So, the crux of the problem is; a State can only force acceptance of it's notes & instruments inside

https://www.zerohedge.com/news/2019-10-23/central-banks-begin-panic

https://zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com/s3fs-public/styles/inline_image_desktop/public/inline-images/bfm7AC9.jpg?itok=jPDVUdPN

https://www.zerohedge.com/commodities/end-fiat-one-chart

Banks May Cut Ties With Facebook If Libra Is Launched: ING CEO
Crypto has been downvoted.
Boeing Revenue Tumbles 20% As Cash Burn Soars Most In 9 Years; 787 Production Throttled
"And yet the stock is up because management,miraculously, expects the 737 MAX to magically fly in the 4th quarter of this year. Good luck with that."
You aren't getting me on a plane that has cracks in the wings.
Trader Warns "Market Dysfunction Will Ultimately Have Its Limits"


Apparently, they killed Tor.

[Danny B]

Shrinking food production, chaos everywhere

A lot of people have claimed that climate change

https://www.youtube.com/watch?v=GnDY62ioHHg&t=68s

In the mortgage crisis, the banks were bailed out with several $trillions. Did they forgive interest payments that were in arrears with this new-found wealth?
"During the last Mortgaged Backed Security scandal which undermined the entire world economy, they created mortgage modifications which enabled millions of delinquent homeowners to avoid having their home foreclosed. Since 2007, it has been estimated that some 8.7 million permanent mortgage modifications were created. There are still over $800 billion of these bubble-era loans outstanding. How were they allowed to survive? For at least the past five years, between 75% and 95% of all mortgage modifications have taken the past interest due that was in default, included it in a capitalization of interest arrears, which means the resolution was never for the benefit of the homebuyer.

By adding the past-due interest, they have been paying interest on the interest. This failure to address the issue by some partial debt forgiveness with respect to prior interest means that the mortgage crisis has been simply postponed. "

"Barons did a good review of the problem. They came to the conclusion that re-defaults will be more likely as home values fail to get back to par and these people will just walk away. Indeed, the resolution should have been the forgiveness of past-due interest. Then the value of the homes would have been less impacted. But the bankers refused to accept the loss "
So, the taxpayer was on the hook for $trillions to the bankers but, the bankers refused to take any loss.
"Barrons reported that if we look at JPMorgan Chase (JPM) which holds the second-largest residential mortgage portfolio in the nation, we see in its second quarter of 2019 report, that almost $10 billion of modified loans (known as troubled debt restructuring)remained outstanding. Of this restructured debt, 43% were listed as having re-defaulted. Bank of America (BAC) has stated that 41% of its modified loans had re-defaulted."

https://www.armstrongeconomics.com/markets-by-sector/real_estate/mortgage-backed-securities-still-defaulting-bad-omen-for-real-estate/

per person. Putting money at 5 different banks would seem to get around their limitations, but I would not count on that."

https://www.armstrongeconomics.com/world-news/banking-crisis/bail-in-v-bailout-of-banks-in-usa/

The FDIC is capitalized to about $2.4 billion but, it is "covering" accounts worth about $70 trillion.

European banks will be the first to go because they are unprofitable.

https://sputniknews.com/europe/201910241077140074-rosneft-ceo-warns-brexit-to-tear-down-european-banking-systems-integrity/

No matter how big it gets, Amazon needs to make a profit.

ALL of this is necessary to pay U.S. banks for defaulted interest rate swaps (derivatives) from failing Deutsche bank. If you were to graph the payouts from the FED, you would see that they are climbing FAST. Deutsche bank probably has another $20 trillion to go. Just how much can the FED print? Keep in mind that has stated that 41% of its modified loans had re-defaulted."
So, along with interest rate swaps defaulting, mortgage backed securities are defaulting.


Kick a democrat instead
An economy is PEOPLE, not money.

https://econimica.blogspot.com/2019/10/the-demographic-depression-will.html

[Danny B]

Collapsing cooperation & economioc dis-integration


Rich Dem donors won't support Warren or Sanders. No wonder many are predicting the demise of the Dem party.


Nope, we will have inflation in necessities and deflation in the price of luxuries.

Not smart, the dollar will continue to go up for some time to come. The Euro is on it's deathbed. The Yen is nothing to cheer about. The Russian Rouble is very solid. The Russian GOV has reduced State debt to zero.

Venezuela built a big romance with socialism. Notice that all socialist States eventually build walls and fences to keep the people from escaping. Millions of people have abandoned Venezuela.
Slavery is; work without wages.
Socialism is; work without any future.


The money renters are doing great as long as the FED keeps pumping in liquidity.

Sub-prime never went away. It got shoved into the broom closet. Wages never recovered so, the broom closet is going critical.

The French GOV spends 57% of the gdp and, has never been compliance with EU budgetary rules.


We don't need no stinkin data.

Rense'
Chicago Ranked Most Rat-Infested City In America For Fifth Consecutive Time
Well, at least they won't starve in the crash.
For anyone who cares about this ,kind of stuff, Cuba invented a rat killer that gives "rat salmonella" to rats,, ONLY.
'Millennial Millionaires' Banking On $68 Trillion 'Great Wealth Transfer' From Parents
Somebody has been vaping banana peels.
Vegas Casinos In Big Trouble - Many Venues Now Charging 'Service Fees' For Drinks
Do they charge for doobies?

'Chaos Map' Shows Murders, Violent Deaths Will Soar In 10 Yrs Due To Food And Water Shortages
Armstrong reports that America will hit it's lowest point in 2032.
Don't Get Caught Without A Gun When The SHTF
Some people just don't understand a "Mexican standoff"
Bundestag Lawmakers Want US Troops And Nukes Completely Out Of Germany
Germany wants to end the occupation and garrisoning.
'Brink Of Collapse' - Hong Kong Businesses Struggle To Survive Amid Violent Protests
No wonder so many people there want to leave. China is going to make a big mess of things.

UK Women Resorting To 'Survival Sex' To Put Food On The Table Because Of Universal Credit Failure
As we get closer to the default cascade, you're going to hear that term a lot more.,,,Universal Credit Failure
Panic Mode' Run On Lebanon's Banks Feared After 7-Day Closure Amid Protests

NOTHING new there.
Boeing Backlash Begins - Spirit Airlines Orders 100 New Airbus Planes
Boeing outsourced design work to $7 an hour Indians. The plane is cracking at the wing boxes. There is no fix for something that basic.

Trump Education Official Quits, Says Govt Should Forgive 'Fundamentally Broken' Student Loanshttps://realinvestmentadvice.com/wp-...g-3-101519.png

https://realinvestmentadvice.com/strongest-economy-ever-americans-receive-more-in-benefits-than-pay-in-taxes/

The automation genie can't be put back in the bottle. The State can't afford to absorb all the surplus workers because there are just too many. MMT would help but, it is hardly compatible with human nature.

This vid is a crosspost from another thread. The relevant part starts at the 5:00 minute mark.

https://www.youtube.com/watch?v=CZ0hadRWu-4&t=570s

Too many people are living in an echo chamber where they only hear people who agree with them. The middle ground is lost. The hatred just keeps growing. WE are in a downward spiral of dying cooperation.
Man is a very social animal but, he is also a tribal animal.
Here is a vid on the evolution of cooperation.

https://www.youtube.com/watch?v=BOvAbjfJ0x0&t=9s

1,000 farms are closing in Europe every day. (Armstrong). The unfolding credit collapse will drive even more people out of business. As the economy worsens, WE will move our "trust horizons" ever closer until they only include our immediate family.
The family and clan is the original socialist unit. Anything bigger than that strains the idea that we should all work for the good of the collective. As we get poorer, the strain will get greater.
Igor Panarin predicted that America would break up into 6 zones. I doubt that. As food gets in short supply, there will be a disconnect between; people who do actual productive work and,,, paper-pushers and money-renters. All the credit instruments are a claim on the goods produced by the actual producers.
The lefties specialize in gender studies classes and,,, sexual harassment lawsuits.
California now mandates that all employees must take harassment awareness classes. You must respect all choices and, all pronouns.
The collapsing cooperation,,, collapsing food production,,, collapsing credit will all work against societal cooperation.

Suggested reading, Collapse of Complex Societies by Joseph A. Tainter

[BroMikey]

Controlled Collapse

SHC coming fed reserve notes gone.

[VIDEO]https://www.youtube.com/watch?v=zUsFEDqI4ZE[/VIDEO]

[Danny B]

MMT,,,, impossible to post

The lower loop of the economy needs to be re-capitalized. MMT looks to be the candidate selected. I need to copy a big article and, do insertions.

Modern Monetary Theory (MMT) is presented as a means to painlessly fund the large-scale infrastructure / alternative energy spending the nation desperate needs to rebuild and modernize.
Partially true.Slightly true
In other words, the only thing standing in the way of broad-based, socially beneficial spending / progress is a lack of money (funding).
Weakly true
In the view of MMT advocates, a blindingly obvious source of funding is already available: the federal government can issue however much new currency it wants, and so the government could fund large-scale socially useful projects if the political will to do so was present.
Weakly trueThe debt is now at $22 trillion and, the governor seems to have a spanner in the guts
The other mechanism in the current model is the central bank (Federal Reserve) can create currency out of thin air and buy Treasury bonds. This is a form of monetary stimulus, i.e. a way to inject new money into the financial system.
Yes, the financial system ONLY

[Danny B]

Slightly true
In other words, the only thing standing in the way of broad-based, socially beneficial spending / progress is a lack of money (funding).
Weakly true
In the view of MMT advocates, a blindingly obvious source of funding is already available: the federal government can issue however much new currency it wants, and so the government could fund large-scale socially useful projects if the political will to do so was present.
Weakly trueThe debt is now at $22 trillion and, the governor seems to have a spanner in the guts
The other mechanism in the current model is the central bank (Federal Reserve) can create currency out of thin air and buy Treasury bonds. This is a form of monetary stimulus, i.e. a way to inject new money into the financial system.
Yes, the financial system ONLYFairly trueTrue, it brings defaultthe danger with rising interest and debt is default, not hyperinflation.
Happens every time.Patently false. . Both productivity and consumption are crashing, NOT remaining flat.Once again, the worldwide supply of goods would be falling drastically if it weren't for the FED money flowing into the upper loop.

[Danny B]

Keep in mind that these "soaring demands" are greatly tied to Social security. SS was robbed by being forced to invest in GOV securities that paid almost nothing

[Danny B]

https://www.peakprosperity.com/could-modern-monetary-theory-mmt-actually-save-us/

[Danny B]

https://www.youtube.com/watch?v=dlWc6nKUr_U

https://www.theguardian.com

https://www.businessinsider.com

How Hong Kong protests are inspiring movements worldwide

From blocking airports to using encrypted messaging apps, the tactics used by anti-government demonstrators in Hong Kong have been increasingly adopted by protesters in places like Indonesia and Catalonia.
Add in Chile, Lebanon, et al.

MacArthur wrote about morality. Morality left the world stage and, has been replaced by surveillance. The decay and corruption has touched the police, the courts, the politicians and, everything in between. Everyone marvelled at the honesty of Ron Paul because they have come to expect politicians to be corrupt.

The greed and immorality of the bankers inspired them to look for, AND support politicians that they felt could be corrupted,,, or blackmailed. They have been quite successful,
The bankers unwittingly brought their own (hopefully) destruction. As they robbed the masses, the masses refused to reproduce. The bankers privatized their gains and, socialized their losses. We now live in a world with crashing demographics.

"Since 2007, US federal debt has risen 150% while annual US births (legal and otherwise) have fallen almost 14%. Said otherwise, over the dozen years since 2007, federal debt has increased by $13.8 trillion while 5.2 million fewer births have occurred over the same period than the Census projected."
Births vs debt, https://static.seekingalpha.com/uplo...9409741313.png
".and as of 2019, every child born a citizen of the US (regardless their parents status) is liable for a ludicrous $6.2 million in federal debt. And this is just a fraction of the actual liability that is owed, if even faster rising unfunded liabilities were included."
"To repeat, since 2007, total births have declined almost 14% versus a 150% increase in federal debt"

https://econimica.blogspot.com/2019/10/putting-federal-debt-in-perspective.html

https://northmantrader.com/2019/10/26/zombieland/

All of this news is centered on the stock market but, the bond market is the more improtant venue.


The banking sector is too crowded but, Bernanke figured he could save all of them.

No doubt, Trump really put the torch to them.

Necessary being the operative word.

No problem . Just ship in more Somali garbage. There is a very good reason that Somalia is such a messed up place,,, the people.

Gold is desired for it's stability.

[Danny B]

Don't ask, don't tell.

$120 billion a day in new liquidity and,,,, we're freezing.


NO, NO ! don't sell stocks will go up forever.



Yeah, a false store of value

I'm sure that the State will just let this go on unhindered.


"They" may have decided that it is time to rein in imperial over reach and that she is the only honest person left in the field.

The donors probably whispered in her ear.


What could be simpler than planting a tree?
What happens if you remove TOO MUCH CO2?

https://www.armstrongeconomics.com/world-news/climate/algae-sucked-all-co2-out-of-the-atmosphere-causing-a-virtual-ice-age/

So, we'll get rid of the beef, poultry and fishing industries. That might cause some dislocation. Where will the feedstocks come from.


That might be problematic.

Sorry, you're out of luck.

Historically, the U.S. DOD got hit by 3 million attacks every day.

He also failed to find any mention of chemtrails.

[Danny B]

It isn't going to end well for China,,,, bubble dimensions,,, headlines

China is the new face of economic miracles. They are going to surpass America and, rule the world. They have BIG pans and, great ambitions.
List of rebellions in China - Wikipedia https://en.wikipedia.org
China moved <300 million poor, self-sufficient peasants to the cities and, put them to work. They put them to work alright but, the jobs were temporary. The took the wages of their best customers and, lost that business. They built cities that they couldn't afford to live in. The government is now desperate to keep these, formerly self-sufficient peasants from starvation.

"22% of urban Chinese consumers would permanently leave China of they had the means to do so. This rises to 36% of high income earners."
it is a pretty good article on conditions in China.

https://www.mauldineconomics.com/frontlinethoughts/chinas-disturbing-vision

https://assets.atlasobscura.com/media/W1siZiIsInVwbG9hZHMvcGxhY2VfaW1hZ2VzLzRmNTE3NmI1YTJiZTkzYWExZl9WcmVkZWZvcnRfRG9tZV9TVFM1MUktMzMtNTZBQS5qcGciXSxbInAiLCJ0aHVtYiIsIngzOTA-Il0sWyJwIiwiY29udmVydCIsIi1xdWFsaXR5IDgxIC1hdXRvLW9yaWVudCJdXQ

There is going to be something similar in New York when this all blows up.



You can count on Italian bonds falling fast.

BOTH lies.

Argentina recently elected a Peronist.

The people want to buy dollars to avoid the inevitable fall in the value of the peso.

AfD simply wants German for the Germans,, or at least, Europeans.
10/28 Brexit: European leaders agree extension to 31 January
Armstrong, "The critical factor is when the GENERAL public loses confidence in the government. That is more likely to take place AFTER the turn in the business cycle in January 18, 2020."

We Now Have Mass Public Unrest In France, Spain, Algeria, Iraq, Lebanon, Egypt, Hong Kong, Venezuela,Chile, Ecuador And Bolivia
Mexican Mothers Discover Dozens Of Bodies Buried In Mass Grave Near Resort Town South Of AZ Border
Authorities Brace For Worldwide Protein Shortage After 'Quarter Of ALL Earth's Pigs Wiped Out
Innovation BIS 2025 - A Stepping Stone Towards An Economic 'New World Order'
Won't work.
Russia, China & India To Set Up Alternative To SWIFT Payment System
Might work.
Lebanon Bans Removal Of Large Dollar Sums From Country Amid Bank Run 'Panic'
No mention of Euros??
Pentagon's Map Of Afghanistan - An Eldorado Of Mineral Wealth And Natural Resources

https://www.zerohedge.com/news/2019-10-28/three-things-you-didnt-know-about-crash-1929

[Danny B]

https://wallstreetonparade.com/2019/10/the-fed-fears-an-explosion-on-wall-street-heres-how-jpmorgan-lit-the-fuse/

What could possibly go wrong?





OK, you get the idea. With the escape from the restrictions of the gold standard, monetary expansion took off. The FED heads just started printing and, never looked back. The money-renters just started pumping in liquidity ad infinitum. Every natural pullback was met with ever-greater liquidity creation. The business was just too crowded. It was also to integrated. Anything that happened in London or NYC or Beijing reverberated around the world.
The economy is supported by printing rather than consumption and wages. The merry-goround is now moving too fast for the bankers to get off. Printing is all they know. Just the same, the banking system is in a terminal phase.
"Bank Stocks Closed in a Sea of Red "
J.P. Morgan is taking depositors money to prop up it's stock..
"Fed Ups Its Wall Street Bailout to $690 Billion a Week"
The failure of derivatives, primarily from Deutsche bank is sucking out $trillions from various counter-parties. The suction hose has been connected directly to the FED.
How much longer can this go on??? I have no idea.


"Accountable government" has always been an oxymoron. It is only accountable to the money powers.

The net has made the linkage between the rich power mongers & the State that much more obvious.

Lebanon 'days' away from economic collapse if no solution to ...
https://www.msn.com
U.S. GOV spends 20% of the GDP trying to uphold employment.
"Headline Unemployment at a 50-Year Low of 3.52%"
96 million NOT in the labor force.

https://fred.stlouisfed.org/series/LNS15000000

THAT explains why inflation is below target.

Sure, everything looks fine as long as they receive $100 billion a day.