Economic pressures

[Danny B]

Monetary theory

We have Keynesian theory,,, that has obvious flaws.
We have MMT that would have CBs printing nonstop, Ignored for Years, a Radical Economic Theory Is Gaining Converts - Bloomberg Business
We also have Mercantilism,,, keep em poor so that they keep producing, Mercantilism: Six centuries of vilifying the poor
The NWO and the CBs are pushing for socialism. Straight capitalism has been given a bad name by crony capitalism. The corporatocracy is pushing for a technocracy of fascism.
Then, there is thermoeconomics, https://en.wikipedia.org/wiki/Thermoeconomics
Sadly, none of this will work. The PTB have picked socialism as the panacea for the future. This just isn't compatible with human nature . We derive much of our personal value from our employment. The industrial revolution is working it's way up the ability ladder. Many writers like Kurzweil are predicting the end of employment. At the same time, the birth rate is falling. Automation is taking over everything. Even agriculture is more automated, day by day.

https://www.youtube.com/watch?v=H6VKBb9MmJc

The world has lots of monetary theories but, none of them have ever dealt with birth control, automation and a demographic crash.

[Danny B]

https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/the-central-bankers-are-crazy-public-is-out-of-its-mind-wheres-the-beef/

The jews have always championed socialism,,, it's great for control.Nearly Half Of Detroit's Adults Are Functionally Illiterate ...
Illiteracy slows down region's revival - Detroit Free Press

As time goes on, there will be fewer and fewer people needed in employment. The PTB want to get world socialism fired up before that time closes in on us. They need to destroy the current system to get world socialism in place. ZIRP is destroying anyone and everyone who depends on interest income. THAT is straight out of Keyne's book; The euthanasia of the rentier: Why the assault on savers must end - The Commentator

ZIRP kills capital formation. The PTB are pushing for the Special Drawing Rights

[Danny B]

The East is rejecting socialism and U.S. treasury debt

"The Quantitative Easing (QE) monetary policy is highly destructive. It combines with another equally destructive measure in the Zero Interest Rate Policy (ZIRP). Together they are a double barreled shotgun killing the USEconomy and its financial structure. Worse, they are killing the Global Economy and its financial structure based upon the USDollar."
"It is indeed curious that almost no mainstream economists or analysts mention the permanence of the current destructive monetary policy. They might mention its permanence, but they do not attribute blame for the systemic breakdown on the monetary policy, which is highly destructive."
MSM is controlled by the same jews that have always pushed socialism.

The R.O.W. has no intention of going down in flames to facilitate socialism. They want competition. By virtue of having the reserve currency, America could just print to buy what it wanted. The R.O.W. has had enough of that. We use the power of the petro dollar to wage war everywhere. They are going to refuse to take treasury bonds to pay for their exports. They (plan) to cut off our imports.
Money Velocity Proves Q.E. FailureThe Great QuickeningCritical Warning from Rogue Economist Harry Dent

[Danny B]

CBs, gold, SDR, money for nothing

America lost is lock on manufacturing. The millennials are going to catch the worst of it for their future; The Chart Every 25-Year-Old Should Ignore | Zero Hedge

See, we URGENTLY need to switch over to a digital currency.

Jim Rickards was drafted to do a war-games simulation with 16? U.S. intelligence agencies on a meltdown of the bond market. They concluded that we will have to switch over to the SDR as a store of value.

It the Bretton Woods discussions, most of the free world favored a paper reserve currency. America had all the gold and demanded a gold backing. Times have changed and America's gold is gone. The R.O.W. is demanding gold backing and America wants a paper backing.
We're going to have crash and chaos, alright. The CBs are doing their best to erase gold from the system. Socialism and gold just can't exist on the same planet. I suspect that the R.O.W. will successfully resist the implementation of the SDR. This will leave pox Americana isolated and broke.

[Danny B]

Save your coins. Eisenhower dollars, Kennedy half dollars, quarters, dimes, nickels and pennies.
Paper catches fire and only 20% of all circulating paper is inside the USA. The rest is overseas in foreign countries.
Coins on the other hand do not burn or contain illegal drugs.
You will notice paper is nearly weightless, coins are harder to steal in any large amount.
Good luck in your ventures.

https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/will-gold-and-silver-become-the-underground-currencies-of-the-future/

Alex Jones covers a tiny sliver of what I read. He pays little attention to history or the technical issues. He has skeletons too; ALEX JONES EXPOSED

[Danny B]

The new religion of social justice

Venezuela has the same population but, more oil than Saudi Arabia. Venezuela is bankrupt; The World?s Worst Central Bank | Zero HedgeWas Chicago The First Skirmish In An Inevitable Civil War? | Zero Hedge

[bistander]

Too much information overload and readers quit reading your posts.

Speaking for himself, obviously. Not all of us.

[Danny B]

Figuring it out as I go

I don't post for profit or gain. I have no ads. The count on this thread goes up steadily every week. The main reason that I post is to give some warning to people who don't have the time to read and interpret the large body of financial news. The secondary reason is; when I write stuff out, it gives me a clearer picture than what I get from just a mental picture. I veer into social systems because they affect financial systems so much.
My profile page has over 4,000 visits even though it has almost no information. I'm probably on a few government lists. I explained how the Terrawatt device works and they took down their site. I've written more controversial threads before but, I haven't been picked up for "re-education" yet.

https://eplaya.burningman.org/viewtopic.php?f=56&t=28087&sid=02fcbaa1edafd68fc51c0272971df0db

If I read an article from a gold-bug site, I have to take their "slant" into consideration. If I read something from yahoo, I have to have a full block of salt handy. GOV sites like the BLS are discredited by other GOV sites. There is so much dis-information in the battle between fascism and socialism that it is very difficult to get an accurate picture.
I post lots of links so that everybody can read the source and make an informed decision as to accuracy.

[Danny B]

Pensions, new accounting rules, pissing in the gene pool

The gross income in the West is falling fast. Corporations have 2 sets of books. One set, they show to investors. The GAAP set that they present to GOV auditors (under pain of prison) generally show 30--40% less earnings. BUT, when their earnings statements come out, there is hell to pay.
Many investors have deserted the stock market. The FED, PPT, ESF, etc have pumped tons of money to companies to keep stock prices elevated. The companies buy-back their own shares to hold up perceived valuations.
David Stockman Blog | Chart Of The Day: The Perfect Correlation - Stock Buybacks And The S&P 500 Since 2010 | TalkmarketsRemember, this is just the wealthy countries.
"Citi noted that Germany, France, Italy, the U.K., Portugal and Spain had estimated public sector pension liabilities that topped 300 percent of gross domestic product. " Rich countries have a $78 trillion pension problem

New accounting rules are slowly making it to GOV; With new accounting rules, L.A. County's reported debt balloons - LA Times
1/4 of all welfare cases are in California.

Russia clearly proved that they can stand up to pox Americana. MANY States are hoping to escape the dollar hegemon,,, without getting bombed. They are not rolling over U.S. debt any longer.
Foreign governments dump U.S. debt at record rate | Business - WSBT.com
They read Martin Armstrong. They can see that U.S. public debt is bad news. The FED has to keep absorbing more and more.

Here is a fascinating article on the rise of energy consumption and, the concurrent rise in entropy. Gail Tverberg Blog | Our economic growth system is reaching limits in a strange way | Talkmarkets
In his book, The Collapse of Complex Societies", John Tainter writes that a society collapses when it can no longer support it's exponentially growing energy needs. He refers to ALL types of energy.

One component of intelligence is ;planning for a secure future. Many decades ago, in England, a couple weren't allowed to get married unless they had a place to live. This tended to reduce procreation for unmotivated people. In animal husbandry, the weak are weeded out. By supporting people who are lacking in motivation and abilities, the gene pool is weakened. Thoughtful, intelligent people are more likely to limit family size than people who procreate recklessly. Over time, there is an increase in the % of unmotivated people.... pissing in the gene pool.
What is the end result when a big part of the population is unmotivated and uneducated? What happens when too many people vote for a living instead of actually working for a living?

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

Socialism always breaks the bank because it promotes an indolent, non-productive lifestyle. At the same time that it tries to raise the standard of living for everybody, it demotivates the producers. Rising consumption meets falling productivity.

[Danny B]

NATO, central banks, migrant crisis, TTIP, technologies ... Western elites in panic mode for a future in the form of a question mark | GEAB

"Concern" isn't quite the word that I would use. Tainter, "when a complex society collapses, it peels off layers of complexity."
"The most complex super systems are most at risk. Roberto Vaca, "The Coming dark Ages"
Our primary support system is Mother Earth. We have ignored, crippled and poisoned her. She is a stranger to most. We are in the Pleistocene ice age for one of the periodic warm interruptions. Hiatus, "a pause or gap in a sequence, series, or process."Mother nature bats last.

The IMF / dollar mongers are mostly responsible for most of our wars. They try to play down any problems. They have just come out with a pretty radical statement. Next Financial Crisis Could Overwhelm World's Defenses, IMF Says - Bloomberg Business

[Danny B]

The FED will get stiffed

As I've mentioned before, the bankers don't have any armies. They often pair up with GOV to create lots of wars and arms sales but, they don't have their own armies. What happens if their interests diverge? What happens if GOV goes broke and the banks have money?
The U.S. treasury sells bonds to the FED and the FED creates money for the GOV. In 1913, the FED got the power to print the money. During the world wars, the FED printed tons of money. GOV (me and you) eventually paid off this debt. Several parties have publicly announced that the debt is FAR too high to ever be paid back.
The treasury got the cash and the FED is left holding bonds that we can't pay back. The FED would like to inflate the snot out of the whole economy so they could at least be paid back in inflated dollars.
The FED buys bonds but, doesn't get a lot out of the deal. ONLY when they resell the bonds do they gain something. The cash has been spent and the bond is worthless if it can't be re-sold. QE becomes debt cancellation.

https://vimeo.com/album/3188430/video/119677193

b. Below is the list of the owners of the 12 Central Banks:
- Rothschild Bank of London
- Rothschild Bank of Berlin
- Lazard Brothers of Paris
- Israel Moses Seif Banks of Italy
- Warburg Bank of Amsterdam
- Warburg Bank of Hamburg
- Lehman Brothers of New York
- Kuhn Loeb Bank of New York
- Goldman, Sachs of New York
- Chase Manhattan Bank of New York

In all, there are about 300 VERY POWERFUL, partly foreign individuals that own the FED."
"The Fed has transferred at least some profit to the Treasury every year since 1934." It now transfers MOST of it's profits as enumerated in the vid.It won't end til the credit ends.Brazil created an impressive safety net that depended entirely on oil sales. Death waits for them.I lived in Spain for a while. I wouldn't want to play "chicken" with them.Both auto loans and student loans each have a higher numerical value than the numerical value of sub-prime RE loans when they blew.Really sad for the muppets. They pile in at the same time that the default rate is climbing fast. No Feces, Sherlock. Portugal has 23% unemployment and wants to take in many thousands of migrants.Cat gives more forward guidance than even "doctor copper".Pain trades; Hartnett: "This Is The World's Most Painful Chart" | Zero HedgeUnfortunately, the prelude to the race wars. The French have been very generous to themselves. Their public debt is over 300% of GDP. They don't want the party to end.
History runs in cycles. We're about to enter the "flush" cycle.

[Danny B]

Buyback blackout, monday

The FED gave us ZIRP. The banks wrote $ trillions in interest rate swaps that locked in ZIRP. The FED couldn't escape ZIRP unless it was willing to blow all the derivatives. ZIRP wiped out everyone who depended on income from interest. Millions depend on interest income. With that gone, they quit spending. That crashed earnings for equities. So, interest-income crashed. Stock earnings crashed. Hedge funds depend on these earnings.
Stock earnings crashed and everybody wanted out. Goldman Sux started up an ETF just for the purpose of unloading crummy stocks on to muppets.
At it's introduction, Zero Hedge said to short it as it was a guaranteed bust.
It didn't take long, "Nobody Is Making Money" - Hedge Fund "VIP Basket" Obliterated, Plunges To Record Low | Zero Hedge

The stated problem with gold is that it doesn't pay any interest. BUT, what happens if nothing else pays any interest,,, or goes down? The banks, et al are getting tired of no earnings and negative rates. Some have decided to go to cash and gold. Munich Re Gives The ECB The Middle Finger, Owns Almost 300,000 Ounces Of Gold | Zero HedgeCredit Bubble Bulletin: Weekly Commentary: Q4 2015 Flow of FundsThat's what happens when the economy contracts and you take away the trinkets that were passed out in the good times.First it was the IMF and BIS,, now this guy.The buyer, on the other hand, is corporate America. CFOs have practically been backing up the truck to buy back their own stock,So, corporate America is going into a blackout.

[Danny B]

Gordon Long, Stockman and Lockhart

"After trillions of dollars in bank bailouts, historic central bank liquidity injections and $8 Trillion in deficit spending, private credit in the US has only managed a paltry $1.5 Trillion increase in the seven years since the financial crisis meltdown."
"The number of dividend reductions has now far surpassed 2008. It is almost 100 more than at the outset of the Great Recession, a time when the implosion of Lehman caused equity markets to plummet in the later stages of the third quarter"
EXCELLENT graphs on earnings and liquidity. http://www.gordontlong.com/Articles/...Unexpected.pdfDavid Stockman Blog | Janet Yellen: Monetary Arsonist—Armed, Dangerous And Lost | TalkmarketsWhen Robots Take Our Jobs, Should Everyone Still Get a Paycheck? | Innovation | SmithsonianThis is becoming an increasingly popular ideaALL of the momentum is downward,,, great graphs.

Kaleidoscope Eyes | MishTalk

[Danny B]

Marching towards the cliff

The West was a high-wage, High-Price economy. Global wage arbitrage wiped that out. While it would be nice to blame that on obummer, it is market forces that made most of the changes. Here are 9 charts that show you all you need to know about our so-called recovery. Obama’s latest fraud: ‘Economic recovery’ disproven in just 9 charts

We also have a global-mean price for commodities. Our oil is about $ 50---90.
January Russia Daily Oil Output Past Saudis By 375,000 bbl
Cost Of Production Of Russian Oil Is $2 Per Barrel
Iran's oil production costs are relatively low, but can vary from $3 to $7 per barrel
You can see where the demand for sanctions is coming from. The R.O.W. knows that when they buy oil in dollars, they are financing worldwide war.
Because of global wage arbitrage, there are close to 100 million American workers who are not working. Jeb Bush has the solution; Jeb Bush: ‘People need to work longer hours’

"Over $1.3 trillion in student debt is floating around in the current economic system. Student debt is now the worst performing sector of loans in our economy. "
The ‘Crisis’ Has Just Begun; Is The American Dream Is Over? - ETF Forecasts, Swing Trades & Long Term Investing Signals

[Danny B]

Paying for immigrants and pensions

The U.S.S.R, showed us pretty clearly, that socialism doesn't work. Putin warned obummer not to try it.
After birth control was introduced, the birth rate fell. The PTB knew that something would have to be done to keep the population rising. Japan didn't learn this lesson. It is now painfully obvious that you can't grow an economy with a shrinking population. Our southern border was thrown open to keep population growth going.
"The number of immigrants rose by 1.7 million since the same time last year. Immigrants currently comprise 13.3 percent of the nation's total population, reaching the highest level in the nation in 105 years. " It's actually higher.
BUT, with birth control, Mexico's fertility rate went from 6.2 to 2.6. Our next people donors are the arab countries. They still have a high birth rate because women have no say in the matter. The latinos had / have a good work ethic and generally good Christian values. The dregs from the arabic countries have neither of these two qualities. They have an illiteracy rate of 20%. The PTB are adamant that America must have population growth no matter what kind of trash comes in.
The mothers never teach their little boys to respect girls so, women are just chattel with no say. This cultural clash is a horrifying surprise to the Scandinavian countries. It is impossible to fathom how bringing in millions of illiterates is going to help the economy.
The "driver" of an increase in our living standards is SCIENCE, NOT brute consumption. We do attract a LOT of talent. https://www.youtube.com/watch?v=NK0Y9j_CGgM

Socialism allows people to reproduce who would not otherwise be able to. BUT, GOV has made a lot of promises that it can no longer pay for. Our negative net worth grows by $ 5 trillion a year. GOV paid for a lot of babies. They will need lifelong support. Our unfunded liabilities are reckoned at $ 212 trillion. Money creation is going up,,, wealth creation is going down.
If GOV prints to try to satisfy all of it's promises, it risks hyper-inflation. The private sector also made too many pension promises. When manufacturing left, it took the pot of money that was intended to fund pensions. Credit is a tool for reaching into future earnings. We never thought about losing our jobs.