Economic pressures

[Danny B]

Negative attention

Aljhoa, remember the kid in school who was a total loser? He was so incompetent that he could never get any attention. ALL kids crave attention. Lacking any intelligence or redeeming qualities, this kid discovered that he could get negative attention by being loud and obnoxious.
Negative attention is preferable to no attention at al. All he had to do was turn on the verbal diarrhoea and attack whatever was at hand.
There was no "return" in conducting attacks without witnesses. Nope, the attacks had to be spewed out with lots of people in attendance. This thread gets a lot of reads so, this micro-encephalitic troll hits the keys in 64 points and bold. He has zero redeeming qualities and nothing of any import going on in his life.
Every post is a random attack trying to generate a hateful response. No response=no attention. If you don't feed the trolls, there is a small ray of hope,,, they might go kill themselves.

[Danny B]

The monetary python eating it's tail and also a hand grenade

"Venezuela's largest privately owned company on Friday stopped producing beer, adding to a list of privations facing residents already frustrated by power cuts, water shortages, triple-digit inflation, and grinding recession.

"This could mean the end," says Sergio Silva, shopkeeper at a neighbourhood store in Petare, one of Caracas' biggest slums. "If Venezuelans do not have beer  ... this country could blow." ...
Venezuelans add beer to list of privations - FT.com2016 ... "The End of the Dollar's Reign (Noted Economist Proclaim the Unthinkable) - The Sovereign Investor
He's just one more guy calling for hyperinflation. I do not believe that it will work that way. If everybody cuts back their spending to bare essentials, mostYeah, honesty is NOT a good policy when you are a banker.
Something tells me that china will reach a limit at some point.Bonds are debt-notes. There is great temptation to create them without limit. What happens if you create too many bonds to keep the party going?

[BroMikey]

Danny B is an agent provocateur with the copied and pasted links to make the average uninformed reader that he has a firm grasp on the issues of the day, all the while spreading New World Order propaganda to undermine the rest of the forum with fascist views and idioms. Lean Forward is one such slogan used by fascists and communists. Certain key phrases used in conjunction with filtered facts, not necessarily checked, will seem intelligent when read, but are absolute BULLSHIIT!!!!!!

Danny is a regular guy. I talked to him on the phone like I did
you. Just a regular guy, no E.T. or NWO shill. Danny has some mainstream
views but there is no law against you pointing this out.

Agree to disagree.

[Danny B]

"Why me",,, I'll take that as a question. The reason that you have such a miserable little life is because; you lost out in the genetic lottery. Unlike Forest Gump, there is no pie-in-the-sky screenwriter to give a few important moments of meaning to your useless life. Since you have nothing of import to say, you scream it out.
This thread has close to 100,000 views. Readers would have abandoned it long ago if it was just lies and/or BS.
Pretending To Be Real
Why-me has 166 reads. Obviously, you have nothing to say that anybody wants to hear. Keep pretending!
I started the thread; Momentum, inertia and the Aspden effect. It has 3000 views even though it is a very narrow subject. Don't bother reading it,,, you won't understand.
You should slink back off into the metaphysical underbrush but, I'm sure that you will hang around anywhere that you might get an audience that you can piss off for attention.
Brother Mikey, I have NO beef with you. This thread shows the thoughts and opinions of anybody who has shown some brains and accuracy in the field of economics. I post the salient ideas and the links. The idea is for everybody to decide for themselves. I'm a builder. Ashtweth asked me to write on the economy. I do some analysis and interpretation but mostly, post recent economic developments. My only intended slant is towards the truth.

I would invite anyone with differing opinions and/or facts to post it right here. I'm somewhat disappointed that more people aren't posting legitimate information here. I would invite those who don't like the thread to,,, just skip it.

[Danny B]

The U.S. Economy Officially Joins The Global Economic Slowdown ? 1st Quarter GDP Comes In At 0.5%Jim Bianco Warns "The Risk Of An 'Accident' Is Very High" | Zero Hedge

Mankind gradually exited from a primarily agrarian economy to an industrialized economy. The industrial economy raised our standard of living. What happens if we lose our industry to a competitor? Yanis Varoufakis Issues A Major Warning To The Greek People

[BroMikey]

Thanks guys, I am for each of you. Alex Jones does his job
getting one response from those who need him. Alex is a good
beginners education. He is my sons age.

But Alex Jone is only one voice of many and we must listen
to every voice as each person is special. We can not
consume ourselves with only one voice when many others
together offer a better, more well rounded view of reality.

I disagree with some things people say only because of
my inability to place the given reaction for the purpose
for which it is composed.

When I understand the intent, I get it.

I get tired of hearing Alex so I turn on others who are
more my age bracket. The Drudge report is done by an
older man, he makes sense.

Danny is loaded with good reports and not all that he
posts represents his way of seeing the world.

All men are capable of error but to insult over differences
as we agree to disagree is invalid.

[BroMikey]

The U.S. Economy Officially Joins The Global Economic Slowdown ? 1st Quarter GDP Comes In At 0.5%Jim Bianco Warns "The Risk Of An 'Accident' Is Very High" | Zero Hedge

Mankind gradually exited from a primarily agrarian economy to an industrialized economy. The industrial economy raised our standard of living. What happens if we lose our industry to a competitor? Yanis Varoufakis Issues A Major Warning To The Greek People

Yes I quite agree that the very low GDP is a warning sign that
unless something is done we may have a collapsing system
is anywhere from 1-50 years. I say it that way not to be
funny but as a reminder that we have been hearing this
same thing way before Alex Jone was born

Hell I can remember doing my paper route back in 1969
and the news warning of gold standard runaway. It seems
like I have heard that the world was going to hell in a hand
basket for nearly 50 years. Any day now is what I hear.

Any day for the last 50 years is a good number of days.
Let's see that would be 365 days at 50 years

365 X 50 = 18,250 days

That is a long time to hold your breath.

Another thing I noted over this period of time was the
fact that statistical figures are fudged particularly
around election cycles so one never really knows
the real facts.

Like Obama saying that the USA jobless rate in percentage
points is around 5 percent when in reality it is more like
50 percent when you consider all of the data properly.

All we have to go on is what we are told and what we
are given to base our decisions on is almost always
inaccurate.

After studying the market cycles in school I learned
that 99 percent of what we are fed in the public
arena is given to us to manipulate us so we can be
out foxed financially.

So what we hear is meant to get us to react in a
way that benefits the big money. We will be told
that confidence is down so some will sell and some
will buy but always the big money practices
lying to us and observing our responses to the
lies.

Or they might be truths and the big money will watch
carefully how the masses react to the new truths of
the coming market status.

Especially University studies, these report are pure
fiction leaving us always to wonder what is really
a fact and what is a sham.

So the big one is always coming and it is because THEY
can pull the strings. Another string to pull these days is
weather, much can be done to make money with a
weather machine. A machine that withholds the rain
in one area and provides an abundance in another
is making men rich these days.

Beat those slaves and steal them blind and thrown
them away when they are physically exhausted.

[BroMikey]

One thing that is more valuable than gold is pure drinking water.

Everything that is alive depends on it.

Any colloidal silver, maybe gallons?

Surely you can always use a million rolls of toilet paper!!

Now that's the kind of ECONOMIC PRESSURE we don't need
but if it comes we will all chip in together and start
living off the land again.

The pressure of worrying what's going to happen next
can drive people up a tree. Having faith
in one another is like trusting that GOD can protect you.

We need this assurance to live a long and beneficial life
so the key to any kind of success always hinges on
the way we treat our fellow mates.

I did live off the land once before as a test. It was such
a beautiful way of life. Resting your troubled mind is helpful
if possible to achieve any goal and unity is number one.

So I have the advantage over most people because I
have spent years rehearsing these details while living
that dream of returning to the land.

The first thing you do is lose weight because you walk
more and eat garden fresh foods.

We had all of the things you mentioned.

Learn to stick together with your fellow human kind and
you will be surprised how much you needed them.

[Danny B]

Strip-mining the world to make socialism "work"

Home ownership in America is at a historical low point. Money printing may create a temporary "wealth effect" but, it isn't permanent. REGRESSION TO THE MEAN - Smart Money Tracker
Japan has a falling population and has had a couple of lost-decades. Europe has a falling population and is most of the way through it's first "lost decade".
Forbes Welcome

https://beta.finance.yahoo.com/news/former-goldman-sachs-president-says-our-economic-situation--will-end-in-tears-153344130.html

Bernanke made it very clear that the FED was buying time so that FED GOV could scale way back on it's expenditures. What a FOOL !! GOV never cuts back.

We've reached a point where the banks control the central banks. The banks don't want the good times to end. Forbes Welcomecustomer. "
The shareholders run the show. They are searching for PROFIT when they should be searching for COMMERCE.

The American business model is an elegant construct of strip-mining value out of legitimate business and leaving an empty hulk behind. The rest of the world is not so short-sighted and is trying to get it's act together. They are trying to form a coalition to resist American strip-mining of their economies. Betrayed: America's Day of Reckoning Exposed - The Sovereign Investorhttp://www.forbes.com/sites/peterpha.../#403c63b550de

WW II was a war for the bankers as Churchill made VERY clear. The Bretton Woods agreement was an agreement to put gold back into control of the currency supply and forestall any return to currency wars. Over-printing in the early '60s brought that to an end. When great Britain demanded 1/3 of our remaining, shrinking gold supply, Nixon was forced to close the gold window and renege on the Bretton Woods agreement. He closed it 4 days after their demand and was, subsequently impeached.

LBJ started "The Great Society". An outright socialist program supported by printing. That "funding" crashed on August 15, 1971 with the closing of the gold window. The creation of the Petro-dollar combined with the de facto reserve status of the U.S. dollar allowed the welfare-warfare State to carry on. The power of the FED combined with the power of the U.S. military allowed Pox Americana to continue to strip-mine the world for assets. This created a LOT of death, destruction and starvation but, "It was worth it".

YES, it was worth it,,, to people with a bankers mentality. The Hildebeest fits right in.
Power corrupts. It doesn't matter if the system is capitalism or socialism. Socialism is at a disadvantage because it is a distribution system rather than a production system. A corrupt socialist system tends to go bad faster than a corrupt capitalism system. http://www.businessinsider.com/venez...-energy-2016-4
Fascism is just socialism for the rich.

[Danny B]

One month?The Cult Of Central Banking Is Dead In The Water | David Stockman's Contra Corner

LBJ started his "Great Society" program. GOV relied on Keynesian claptrap to finance our slide into socialism. We may have "crank economics" but, that is what it takes to finance socialism.
GOV is trying to give very substantial support to beggars, bankers and bureaucrats. This support can only be taken from the productive sector of the economy. QE and ZIRB stole all the interest income of the productive sector. Plan "A" is to take the principle,,, now that the interest has dried up. Deutsche Bank Unveils The Next Step: "QE Has Run Its Course, It's Time To Tax Wealth" | Zero Hedge

[Danny B]

The price of solar power just fell 50% in 16 months – Dubai at $.0299/kWh! | ElectrekGermany Paid Wind Farms $548 Million To Sit Idle
So, solar power is unpredictable? Just imagine if they just exported the power. https://mishtalk.com/2016/05/03/lice...ime-if-hungry/

"It is mathematically impossible for every country to simultaneously devalue their currencies vs. every other currency.
Yet, the Bank of Japan, the ECB, and the Fed all want to do just that.
Moreover, the belief that inflation generates growth is absurd in and of itself.
Yet, here we are." https://mishtalk.com/2016/05/02/mathematical-jackasses/

"President Obama has budgeted $17,613 for each of the estimated 75,000 Central American teens expected to illegally cross into the United States this year, $2,841 more than the average annual Social Security retirement benefit, according to a new report." Obama budgets $17,613 for every new illegal minor, more than Social Security retirees get | Washington Examiner
Young workers, GOOD. Retired workers, BAD.

[Danny B]

Strong property laws are critical. A LOT of wealth is fleeing China because GOV will steal whatever is necessary to keep the game going.

In a general sense, the person who rises to the top of a corrupt organization is the person who is most ruthless and has the most tolerance for collateral damage. The more people that you are willing to kill, the higher that you can rise. Bill Clinton had a LOT of his enemies fed to the hogs. no body and ,,, a frightening example to other who might think of crossing him.

If you posit that most people who rise up to the top of GOV are criminals, then, it makes sense to hide your wealth. The Panama Papers expose the people that GOV hopes to "shame" on the road to fleecing them. Respect for private property is essential for an economy and a society.

[Danny B]

?????????????

[Danny B]

GOV employs one third of the labor force. They are now working 2 days a week. How long can that go on? What happens when GOV runs out of money to pay people? 1/3 of the labor force is a sure sign of socialism.
"Over the weekend, six members of the Venezuelan military were detained by local authorities for stealing goats, the Venezuelan newspaper El Nacional reported Sunday. It said the soldiers confessed to stealing the goats and said they did it to feed themselves, since they had no food left in their barracks. "
How bad is it in Venezuela? Soldiers are stealing goats
Venezuela can't sell much oil so, they are selling the nation's food. Now they have food shortages.

America ships out many thousands of EMPTY shipping containers every day. Our trade deficit is $ 45 billion a month. We buy $ 1.5 billion a day of stuff that we pay for by printing more paper. Most of the world has abandoned the U.S. Treasury bond market. If they don't buy U.S. bonds, they don't need U.S, dollars.
Jim Willie expects that trade partners will eventually refuse to accept dollars for our imports. We have hit peak cheap oil. What happens if we try to use $ 60 a Bbl Bakken oil when the rest of the world can use $ 3--7 Eastern oil?
Jim further speculates that America will have to sell off our food to pay for our imports.
Armstrong and many others have predicted the crash of Treasury bonds. Should they become unwanted, America will have to pay with whatever our suppliers demand. That would probably be food and gold. Venezuela ALREADY sold off their gold. They are reduced to selling their food.
America reports that it holds 8,000 tons of gold so, we should have no problem paying for oil imports with gold.

The confiscation laws get re-authorized every year. This would put GOV in direct competition with the private sector for access to resources. GOV has more guns and a LOT more bullets. Hide your goats from the G-men.

[Danny B]

Still slip-sliding away

Every president signs the re-authorization for taking over complete control of the country / economy. Obummer has just done this but, he changed the "qualifications" that constitute an emergency; https://www.rt.com/news/341744-eu-re...-quotas-fines/
The PTB want to see world socialism unfold. The economy is being purposely crashed to bring this about. LOTS of younger people are espousing socialism because they are disgusted with our so called

https://www.rt.com/op-edge/341689-economy-system-us-ron-paul/

Derivatives Crisis Of Banks?Worldwide | Silver Phoenix

The Chinese freight index is down 41% so, they made up for it with printing; "This over-investment led to an increase in Chinese debt from $2 trillion to over $30 trillion. US Treasuries Will Sink Into A Black Hole | Gold Eagle

Our economic system NEEDS credit growth to keep the debt plane from sinking. "http://davidstockmanscontracorner.com/its-not-random-the-global-economys-at-stall-speed-rapidly-loosing-lift/
" The Red Ponzi is generating barely $1 of GDP for every $6 of new debt."

Keynes advocated perpetual war to keep the economy stimulated. Shupeter championed creative destruction where we just take everything that we produced and ,,, destroy it. The military is hard at work trying to fulfil this mandate.
Everyone KNOWS that our participation in WW II pulled us out of the Great Depression I. Everyone knows this BUT, it isn't true.

http://davidstockmanscontracorner.com/what-comes-next-krugmans-fiscal-equivalent-of-war/