Friday, September 13, 2019
The European Central Bank’s Introduces Negative Interest Rates - Global Recession Looming
guess what European Central Bank announced today , that they would slash interest rates to a negative 0.5% . Good Gosh , you heard that right ,interest rates in Europe are going negative . so borrow away corporations it's almost like free money ,but if you're just a regular guy who's out there trying to save for his retirement good luck .remember the expression the dollar saved is a dollar earned .well now it's actually less than a dollar earned seriously ,now what does it say it says what we've been telling you that the global economy is slowing down, and there is a recession right around the corner, and by the way the President of the United States is all for it yeah , Mister Trump came out today and said he wants the Fed here in the United States to follow suit and go into negative interest rates, if need be here as well, which of course would be great for his political prospects and certainly in the short term anyway ,but not necessarily good for the country and certainly not in the long haul . The president the United States is saying bring them on I love it. well Trump is a real estate guy I don't know what else you can say but you know nothing good can come from this ,and I was little distressed to hear Alan Greenspan the other day say well you know if negative interest rates come to the United States if the US Fed goes into that territory like the ECB has, that's no big deal .when in fact it's a very big deal ,the idea of paying people to borrow money is something , if we just think about it if we just sit back and think about it logically for a second ,no one would ever give you a thousand dollars today in exchange for nine hundred dollars let's say a year from now, and the reason they wouldn't do that is because people want to make money first of all ,and because in that year there's some uncertainty ,you might die you might default the person who lend you the money might die ,so in exchange of that uncertainty they want to be paid ,they want eleven hundred dollars back from you in the year,so there's no situation in the human experience ,in human history, without central banks and government Treasuries intervening, there's no situation in human history where negative interest rates would just arise spontaneously .so we know that this is government machinations ,and what I fear is that this is basically clown world ,but it's masquerading is this kind of technical analysis by these academic economists who know more than us ,and is anything but what I fear is that they're making this decision because they truly fear on a apocalyptic situation coming, in other words if they don't head off this recession where they may have already used all the tools to get us out of that recession ,things are gonna be really ugly . so it's to the point now where they're trying to do everything possible to throw the kitchen sink at it, to try and stop it from happening . could I possibly be right? I hope I'm not ,well I think that's what they did in 2008 after the crash . In previous market slowdowns or recessions or depressions the Fed has cut the interest rates, generally in the range of four to six points ,but interest rates were positive there was room to do so . But today when interest rates it's only about 2% , it's hard to cut for points .you go negative and the difference between let's say going from 4 percent to 2 percent is actually much greater than going from 2% to negative 2% . in other words going into negative territory is a type of Hail Mary pass it goes against everything we know about economics and how you actually build a prosperous society , which is by producing things not by trying to stimulate everybody to buy stuff .you can't build the society on consumption if you could the Fed would just give everyone a hundred thousand dollars tomorrow and magically we'd be richer of course we wouldn't be richer there'd be no new goods and services out there so this is absolutely a Hail Mary pass .that doesn't mean that people at the ECB or the Fed are bad people, they might honestly believe that this is what's required to save the economy but the long term it can't work .well the Fed just put a green haze around your head .by the way I seriously fear that what's going on right now it will actually cause much bigger problems down the line. it absolutely will ,because you don't solve a debt crisis with more debt .the whole world is awash in far more debt than it was in 2008 ,which we thought was this great unraveling where we should have had bankruptcies and insolvencies and we should have had assets shifting around from bankrupt companies and bankrupt investment firms to more productive companies and investment firms .instead the Fed just re-inflate it , made it bigger . Today we have more sovereign debt, we have more corporate debt ,we have more household debt, we have more individuals in debt . but you see that ever happens it's primarily bigger not smaller than last time , but that's the point . the Fed is speaking out of both sides of its mouth , on the one hand Jerome Powell is saying he doesn't really see a recession and that all the at least ostensible numbers are good GDP unemployment etc ... but if we're in this rip-roaring economy as Mister Trump says we are , why are we cutting interest rates it makes no sense whatsoever . this is a wealth transfer from the poor to the rich from middle class to the rich . The average guy or gal who's trying to save for retirement look it's safe investment when you're making a point or two points in a money market or a simple CD or savings account that's why so much money has gone into equity that's why people are buying Amazon because little old ladies have to chase yield they used to get 10% at the bank . Our dads your dad mine and moms always told us , save your money son do everything right , be responsible ,may be you have something for later on .And we did that and now our government seems to be telling us no that's stupid just let the corporation's buy a bunch of stuff practically for free and they'll loan anyone of everything ,and it doesn't matter what you have that seems to be the message . That’s the reason they want to get rid of cash transactions so they can charge interest to people for keeping their money in the bank, they want a world run by corporations and one bank, they will have total control over humanity, they can make your bank account go puff. They want to make cash illegal so you can't withdraw your money in the form of cash. Then the bank can steal your money slowly by negative interest. The Truth is we've been in a recession since 2007 now heading for a DEPRESSION AROUND THE WORLD and they know it. This was The Atlantis Report . Please Like. Share. And Subscribe . Thank You ...
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“once a standing army is established, in any country, the people lose their liberty.”
George Mason
“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger
“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger
"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin
The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin
Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?
PHILIP ZIMMERMAN, DER SPIEGEL
“Some call it Communism, I call it Judaism.”
Rabbi Stephen Weiss
“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941
Taxing People is Punishing Success
UNKNOWN
There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki
The Tax you pay is The Bill for Staying Stupid
Stefan Molyneux
“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus
The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros
"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.
This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.
By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."
USA Banker's Magazine, August 25 1924
Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
UNKNOWN
Taxation is legalized Theft
UNKNOWN
"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker
Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....
Bob Dylan
"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich
There is NO political answer to a spiritual problem!
Steve Quayle
Political Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon
The modern definition of racist is someone who is winning an argument with a liberal
Peter Brimelow
When People lose everything and have nothing left to lose , They Lose It !
GERALD CELENTE
Your Greatest Teacher is Your Last Mistake
DAVID ICKE
The one who Controls the Education System , Controls Perception UNKNOWN
"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."
Albert Einstein
UNKNOWN
No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
UNKNOWN
Freedom is not Free
UNKNOWN
Don't Steal The Government Hates The Competition
Ron Paul
"Buy The Rumor , Sell The Fact " Peter Schiff
You can love your Country and not your Government
Jesse Ventura
" The Government Works for ME , I do not answer to them They Answer to ME "
Glenn Beck
"Tyranny will Come to Your Door in a Uniform "
Alex Jones
"The Government is not The Solution to our Problems , The Government is The Problem "
Ronald Reagan
"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato
The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo
"The people should not fear the government for it is the government who should fear the people" UNKNOWN
"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN
"They don't control us , We empower them " UNKNOWN
"Serial Killers do on a Small Scale What Governments do on a large one..."
Serial Killer Richard Ramirez
"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."
Thomas Jefferson
Albert Einstein
Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki
Education is what you learn after you leave School
Robert Kiyosaki
" Schools were designed to create employees for the big corporations."
Robert Kiyosaki
"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson
Dissent is the highest form of patriotism
Thomas Jefferson
“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki
"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way
"Aspire not to have More but to be More "
UNKNOWN
The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki
"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford
What You Own Owns You
UNKNOWN
If you expect the government to solve your problems, you have a problem. Robert Kiyosaki
"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin
"None are more hopelessly enslaved than those who falsely believe they are free.” - Johann Wolfgang von Goethe
"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell
Be The Change you want to see in The World
UNKNOWN
Failure inspires winners but defeats losers
Robert Kiyosaki
“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb
"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN
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