The Dollar is King and You are The King Makers







Stop being so stupid. The Americans can print or electronically create *infinite* amounts of dollars and buy stocks and US bonds and US Treasuries without limits or adverse consequences because the rest of the human race value and desire US dollars. The Americans (the Fed, the PPT, the US Treasury, Global banks, the Tribe, the Freemasons, the Freegolders, the EU even; it's all the same thing) and their algos can do this ad infinitum and without any regard to the profitability of the financial assets they are buying. Because YOU enable them by freely conceding your goods, property and labor for US dollars (or equivalents, be they Euros or Rubles). The Soviet Union sold Russian oil for American dollars during the height of the Cold War thereby aiding and abetting the supposedly mortal enemy called America. Today the Chinese are fighting tooth and nail to hold on to their "exorbitant privilege" of producing and exporting real, valuable goods and crucial rare earth minerals to America essentially for FREE (i.e. in return for worthless and, according to the US Constitution, ILLEGAL and UNLAWFUL dollars because they are debt based). Until YOU stop working for dollars the dollar is KING. For YOU are the kingmaker. YOU are the problem itself.







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IRS Admits Targeting The Poor and Leaving The Rich






It is easier and cheaper for the IRS to go after the working class,The US Government never ever goes after the big fish . The IRS now admits openly that it’s “too expensive” to audit the rich. Affluent taxpayers, the 1%, are too well protected from government intrusion. Their tax returns are complex and take more time and more experienced auditors to review them. The IRS then has to pay these more experienced auditors a higher price to audit those larger accounts. It’s become an expensive hassle for them. They encounter resistance from the teams that the affluent have behind them to defend them from the IRS. So, what is their solution? Target the poor. It’s the equivalent of the police going after a kid selling lemonade on the sidewalk instead of the home break-in down the block. Bill Clinton once described taxation as ‘how to pluck as many feathers you can without killing the chicken. Welcome to The Atlantis Report . Laws are spider webs through which the big flies pass and the little ones get caught. The bottom line is that Big Government requires large sums of money, and they will try to get it anywhere that they can. The IRS was incorporated in Puerto Rico . It is a private bankster owned racketeering organization.It was created the same year as the FED. The tax code is over 50,000 pages. My return is over 100 pages and my life and economy are not complicated. A country based on rule of law passed away a long time ago. Time for a completely new system. Capitalism always ends here with a tiny few with all the assets and income and everyone else fighting over the scraps. This occurred in the late 1800s early 1900s as well. Back then it brought us horrible things like the income tax, federal reserve, Woodrow Wilson's presidency, a decade long depression and a global war. (By the way all of the asset and income inequality occurred while on a gold standard and before the federal reserve.) You need to build in a gradual reset to the system otherwise it becomes horribly violent and destructive. One reform would be a systematic cancelling of all debts public and private every 7 years. Debt is the ultimate slave master. Another would be a generational land grant to all citizens every 50 years. It allows those at the bottom a generational opportunity to change their station in life. The laws are written by politicians to protect their rich friends and benefactors. As long as the poor people vote for politicians who are only interested in the welfare of the rich nothing will change. We get the politicians we deserve. The income taxes in the USA barely cover paying the INTEREST on the National Debt . The FED is currently printing 60 billion a month !! Almost enough to finance the annual defense budget !! Which - of course they use to intimidate Nations so that the FAKE demand for the US Dollar can be maintained. The IRS finds it easier to target the deplorables. Just ask the Teaparty. Right thinking shall be rewarded, whereas wrong thinking will be punished. And any kind of thinking will be Marxicized out in college. Contrary to popular belief, those with the greatest incomes pay far and away the most in income taxes, both in terms of rates and absolute sums. Also, those in the highest brackets, having the most to lose, find it expedient to make sure that they pay all that they are legally required to pay, but not more. Therefore, they pay experts to prepare their returns accurately. All of this extra works makes the returns of the wealthy less likely to contain errors. Most people who have never seen this thing first hand, find this fact impossible to understand. The higher echelon of the IRS are subservient to the privileged elites of this country. The elites determine what the law will be, the upper echelon simply "administer" what the elites want of you, and the lower echelon are the slobs who will break your legs for money. It's a hierarchy of Americans robbing other Americans for money. If Al Capone were alive today, he would be proud of the IRS organization. It doesn't matter to them what your situation is, or whether you are a veteran who has fought for your country, or do they care about the welfare of your family, and they will never admit to making mistakes themselves. They want you as a docile, paying, servant to them. They expect you to be dumb and gullible and to do what they demand. You have no say in how the money is to be used and spent. They target middle class , people with jobs. Lots of commas to find fault with. As the real Poor don't file taxes, and the Rich don't pay them. The wealthy bring in CPAs and lawyers who are heads above the typical IRS lackey. Also the average person doesn't know about all the available tax loopholes and strategies that allow others with higher income to pay less tax. How about we Audit the IRS ! to see how well they manage our tax dollars. Or Just bring a flat tax already and fire 90% of IRS employees.










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The IMF WARNS : Global Economy faces $19 TN Corporate Debt Timebomb







The International Monetary Fund warns that global economic risks have risen as central banks reduce borrowing costs and that stronger oversight is needed ease threats to an already shaky expansion. The IMF Warns About Valuations, Pensions, and Rising Corporate Debt . As more of the world moves toward lower rates, investors, including pension funds and insurers, have pushed into riskier and more illiquid investments, stretching valuations . Welcome to The Atlantis Report . The International Monetary Fund heightened its warnings for the corporate debt market on Wednesday, as investors search for richer returns in riskier assets after recent interest rate cuts by central banks. As more of the world moves toward lower rates, investors, including pension funds and insurers, have pushed into riskier and more illiquid investments, stretching valuations, according to a report released Wednesday by the International Monetary Fund. Low interest rates are encouraging companies to take on a level of debt that risks becoming a $19tn time bomb in the event of another global recession, the International Monetary Fund has said. In its half-yearly update on the state of the world’s financial markets, the IMF said that almost 40% of the corporate debt in eight leading countries – the US, China, Japan, Germany, Britain, France, Italy and Spain – would be impossible to service if there was a downturn half as serious as that of a decade ago. The IMF noted that the stimulus provided by central banks in both developed and developing countries had the side-effect of encouraging firms to borrow more, even though many would have trouble paying it back. About 70% of economies globally have moved toward a more-accommodative monetary stance. Interest rate cuts from the Federal Reserve and others have bolstered stock markets and cushioned some of the blow to global growth from trade and other geopolitical tensions. But the trend also has brought risks, such as stretched valuations in emerging- and frontier-market stock and bond markets, as well as U.S. and Japanese stocks, and rising corporate and government debt levels, according to the IMF’s assessment of the stability of global financial markets, which was released as finance ministers and central bankers gather in Washington for the IMF’s annual meeting this week. Specifically, the IMF said a global downturn half as severe as the one spurred by the last financial crisis would result in $19 trillion of corporate debt being considered “at risk”, which the IMF defines as debt from firms whose earnings would not cover the cost of their interest expenses. The IMF also cautioned the low interest rate environment has driven up demand for debt in emerging and frontier economies, with external debt climbing to 160% of exports, compared with 100% in 2008. In a sharp downturn, it could become difficult to sustain or roll over those large debt obligations. In America , The policy easing that has helped support global growth has also fueled a further increase of financial risks, and threats to global growth and financial stability remain “firmly skewed to the downside. the policy makers “urgently need to take action to tackle financial vulnerabilities that could exacerbate the next economic downturn. As credit standards for new leveraged loans appear to have deteriorated further over the past six months, the loans to firms with especially high debt now exceed earlier peaks in 2007 and 2014. The historically high level of business debt and the recent concentration of debt growth among the riskiest firms could pose a risk to those firms and, potentially, their creditors. The difference between now and 2008 are central banks doing massive money printing. Take that away and we are FAR WORSE off now than in 2008 since Lehman. The economics of globalisation has always had an Achilles’ heel. The 1920s roared with debt based consumption and speculation until it all tipped over into the debt deflation of the Great Depression. No one realised the problems that were building up in the economy as they used an economics that doesn’t look at private debt, neoclassical economics. The 1920s in the US could have been a one off, but now it’s global. What’s wrong with neoclassical economics? #1.The belief in the markets and price discovery gets everyone thinking you are creating real wealth by inflating asset prices. #2. Bank credit pours into inflating asset prices rather than creating real wealth (as measured by GDP) and no one is looking at the debt building up. #3. No one realizes bank credit impoverishes the future. the build up to 1929 and 2008 were very similar and so we should have had a Great Depression after 2008, but saving the banks did stop that. It is saving the banks and leaving the debt in place that leads to the balance sheet recession the Japanese have been experiencing for the last thirty years. this processes was at work in the Japanese economy since the 1990s, which are at now at work throughout the global economy. Debt repayments to banks destroy money, this is the problem. Milton Freidman was a good salesman though, pity about the economics. He sold us 1920s neoclassical economics as a new, scientific economics for globalisation. What a salesman. Make sure you put some complex maths on top Milton; otherwise everyone will see straight through your little scam. Tell the suckers what they want to hear Milton; it’s the fraudster’s most potent weapon. The Koch brothers were like putty in his hands. Debt-based money went global, so debt-based money bubble busts went global. 2+2=4.









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Mark Mobius: The market could drop if Trump isn't re-elected


Mark Mobius, CEO of Mobius Capital Advisors, discusses the prospect of a Trump loss in 2020 with CNBC's "Closing Bell".











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Peter Schiff :We've never seen anything like this. Not even under Obama



Peter Schiff discusses how the Federal Reserve plays an integral role in the economic recessions of the past. Peter covers cause and effect, and how different functions of the markets, politics, national debt, and central banks influence and shape the future of the world economy. He also gives insight on where he sees the economy heading, and how his prediction is likely to pass in the near future. Las Vegas MoneyShow 10/13/2019












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Hong Kong is a Ticking Financial Time Bomb -- Can Hong Kong Dollar Peg Pop ?








Hong Kong’s foreign exchange market, usually the least interesting financial market in the world, has been making headlines recently. Hong Kong’s standing as a financial center rests partly on its decades long currency peg, in which officials tightly control the exchange rate against the U.S. dollar. But street protests, trade tensions and a looming recession have pressured the Hong Kong dollar, and some investors are preparing for a rupture. Economic indicators and other relevant evidence have signaled that the economic environment in Hong Kong has deteriorated significantly since June 2019. Hong Kong Monetary Authority is expecting a recession and a banking crisis.It will be interesting to see how long the Hong Kong Dollar - US Dollar peg can hold. Welcome to The Atlantis Report . Four months of anti-government protests have thrown Hong Kong into its deepest crisis in decades, pounding the financial hub’s economy and stock market and adding to its Sino-U.S. trade war woes. Since 1983, Hong Kong has pegged its currency to the U.S. dollar, helping make life more predictable for the city’s many trading houses and financial firms. The trade off is that this effectively forces Hong Kong to track U.S. interest rates even if, for example, tighter monetary policy might help cool local asset prices. Since 2005, the Hong Kong dollar has been allowed to trade at between 7.75 and 7.85 to the U.S. dollar. The Hong Kong Monetary Authority, the de facto central bank, buys U.S. dollars if the local currency is too strong, or sells them if it is too weak. It has intervened dozens of times since April 2018, spending a combined US$16 billion to support the Hong Kong dollar, including some that took place in March. As of Aug. 23, the Hong Kong dollar traded at 7.8425. Hong Kong’s monetary authority said it would cut the amount of capital that banks need to set aside, in the first reduction of the ratio since 2015 to release cash into the financial system to bolster it against any impact from political risks and the city’s unprecedented civic unrest. The city’s countercyclical capital buffer (CCB) will be reduced to 2 per cent effective immediately, from the previous 2.5 per cent, according to a statement by the Hong Kong Monetary Authority (HKMA). “Economic indicators and other relevant evidence have signaled that the economic environment in Hong Kong has deteriorated significantly since June 2019 . “Lowering the countercyclical capital buffer at this juncture will allow banks to be more supportive to the domestic economy and help mitigate the economic cycle.” The Hong Kong dollar is pegged in a narrow band around Hong Kong $7.8 per U.S. dollar, but has for weeks languished at the weak end as unrest has deepened, shedding 0.8% since early July. Bets in the market suggest some think the peg could falter. Can the Hong Kong dollar withstand the selling pressure? The entrepot city is facing its first recession in a decade, shaken by slowing Chinese growth, trade-war tensions and the increasingly violent protests. The forwards market suggests speculative bets on the peg breaking are building. Twelve-month forwards recently traded outside the currency’s range. Spreads in option markets have spiked to their widest in three years this month, in favor of dollar calls, suggesting investors are paying a high premium to bet on the Hong Kong dollar’s drop. Forward is telling you that some people expect the Hong Kong dollar to move out of the band . This was particularly unusual because it occurs while Hong Kong’s interbank borrowing costs are surging above U.S. dollar rates, something that would tend to support the currency by making it unattractive to short. IS THE PEG GOING TO POP? Probably not. The peg has proven resilient since it was conceived in 1983 to support the then-British territory’s currency against uncertainty over its handover to China. The Hong Kong Monetary Authority , the city’s de-facto central bank, buys local dollars if it gets too weak and sells to curb excessive strength. It has plenty of firepower, with $448.5 billion of assets in its foreign exchange fund alone as of July, representing roughly seven times the currency in circulation, according to HKMA. The peg has already survived every kind of speculative attack, including from famed short-seller George Soros during the 1997-98 Asian financial crisis, plus external shocks from the 2008 global financial crisis to China’s stock market plunge in 2015. “It always ends the same way – the Hong Kong Dollar peg stands tall and the speculators get burned. IS ANYTHING DIFFERENT THIS TIME? Yes. The situation is an unprecedented triple threat: A global slowdown, a trade war and domestic turmoil. Protests that began in opposition to a now-suspended extradition bill that would have allowed people to be sent to the mainland for trial - have swelled to include demands for greater democracy that are anathema to China’s leaders. Beijing has deployed paramilitary troops near the border with Hong Kong. “If mainland China police forces go into Hong Kong, then all bets are off,” since investors’ trust would be shattered . To be sure, it is a doomsday scenario the bank rates as unlikely. But anecdotally, investors are already scrambling to get money out, with property agents reporting spikes in interest from Hong Kongers in real estate in Malaysia, New Zealand and Australia. Moreover, China's yuan has also slumped to an 11-year low, weighing on emerging market currencies and the Hong Kong dollar.











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Global Currency Reset Is In Process| ll Currencies Will Be Pegged To Gold| Bob Kudla


Global Currency Reset Is In Process| ll Currencies Will Be Pegged To Gold| Bob Kudla












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Bank of England Warns of an ‘Abrupt’ Financial Collapse Due To Climate Emergency







The governor of the Bank of England has issued a warning to companies which are failing to move towards zero-carbon emissions that they will be punished by investors. Mark Carney told The Guardian that the global transition necessary to solve the climate crisis could lead to an abrupt financial breakdown. He added that the more time it took for action to reverse emissions to be implemented, the greater the risk of collapse. Welcome to The Atlantis Report . Firms ignoring climate crisis will go bankrupt, says Mark Carney . Bank of England governor warns of financial collapse linked to climate emergency . The coming "financial collapse" will likely be due to climate change warns Bank of England governor . ◆ Marc Carney warns of an "abrupt" financial collapse due to climate emergency and warns that companies that ignore climate crisis will go bankrupt . ◆ Fighting climate change will drive up interest rates and we must avoid a "climate-driven ‘Minsky moment’ involving a sudden collapse in asset prices” warns Carney . ◆ Carney realises that he and his central bank colleagues in the Fed and the ECB have created the real risk of financial collapse and contagion by creating a massive debt driven global asset bubble and is seeking to distract and deflect by blaming climate change . ◆ Carney and the Bank of England have got us into this debt driven financial mess through negative interest rates and currency printing on a scale never seen before in history; not climate change Mr Carney has spearheaded attempts to address the dangers global heating poses to the financial sector, which range from more frequent extreme weather disasters to a possible decline in asset values, such as fossil fuel company valuations, as government regulations bite. Last week it was uncovered that just 20 fossil fuel companies have produced coal, oil and gas connected to more than a third of all emissions in the modern era. Adapt or go bust . The Bank of England claimed up to £16tn of assets could be wiped out if the climate emergency is not addressed sufficiently. Mr Carney also said those working to end greenhouse gas emissions could earn great fortunes and boost the UK economy. He continued that it was vital companies disclose the business risks posed by climate change, to enable investors to back those transitioning to a carbon-free future. Mr Carney said: "There will be industries, sectors and firms that do very well during this process because they will be part of the solution. But there will also be ones that lag behind and they will be punished." It comes after he said in July that "companies that don’t adapt will go bankrupt without question". Zero carbon emissions . US coal companies had already lost 90 per cent of their value and banks are also at risk. Mr Carney said the move to net zero carbon emissions would alter the value of every asset, increasing the risk of shocks to the financial system. “Some assets will go up, many will go down. The question is whether the transition is smooth or is it something that is delayed and then happens very abruptly. That is an open question. The longer the adjustment is delayed in the real economy, the greater the risk that there is a sharp adjustment.” Without a planet, there's no financial system . As opposed to damaging the global economy, climate action bolsters economic growth, according to Mr Carney. He added: “There is a need for [action] to achieve net zero emissions, but actually it comes at a time when there is a need for a big increase in investment globally to accelerate the pace of global growth, to help get global interest rates up, to get us out of this low-growth, low-interest-rate trap we are in.” Mr Carney told big corporations on Tuesday they had two years to agree rules for reporting climate risks before global regulators devised their own and made them compulsory. In response to revelations about fossil fuel companies, Labour leader Jeremy Corbyn said: "Labour will delist companies that fail to meet environmental criteria from the [London Stock Exchange], and reform the finance sector to make it part of the solution to climate change instead of lending to companies that are part of the problem.” Blowing smoke to preserve the climate-con game. A diversion from the real cause/people behind the collapse they know is coming. If there's a collapse it will have a lot more to do with the criminality, fraud, corruption, theft and usury from the banker and political class than a change in faked temperature readings.









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Killer Bankers Are Humanity's Enemies


Killer Bankers Are Humanity's Enemies















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Systemic Banks are preparing for a Shock to the System








The Fed could have 25 trillion of dollar denominated assets on its balance sheet. The question is, does its dollar still function. Right now the dollar wants everyone to understand that while every other major currency has surpassed its highest price for physical gold the dollar has not. So all things are relative. But behind the curtain, systemic banks are preparing for a shock to the system based on the increasing move away from dollar settlement. If producer nation banks no longer need dollars for settlement, there's no liquidity problem, rather there's a derivatives problem. That problem, I believe, has begun. Welcome to The Atlantis Report . it's pretty obvious that the inevitable crisis of interbank confidence is well underway. As stated several times in this channel, the 29 Trillion in Fed dark money bailouts from the last such event barely kept the system hobbling along in maintenance mode for 11 years (although it cannot be said that the illusion of recovery wasn't artfully maintained). Now with its daily repo on auto-pilot (publicly) the FED can only do what it's systematically programmed to do - keep bailing out defaulting derivative debt with more debt based derivative FIAT. As the weeks and months progress, you will be entertained with cries of "all is well" and "back to normal" but what is going on behind the curtain of happy smoke blowing up the skirts of the little people will be harder and harder to contain. I suspect it's Deutsche Bank that can't cover its losses, and it's counterparties know it. It's Lehman / AIG in the form of Deutsche / Lincoln National for starters, but all the primary dealers are feeling their sphincters tighten as the great sucking sound coming from their assholes presages the collapsing super nova of liquidity anti-matter. In other words, multiple "dark holes" with "big JP" conspicuously involved, deep state cufflinks and all. Maybe Mnuchin will go full Paulson on CNN. Williams as Geithner is unlikely, and Powell is no Bernanke. Somehow I can't see Trump in the role of Dubbya, looking like a deer in the headlights and talking about "Too Big To Fail". It's got to be spun another way. We waded into uncharted waters in 2008 and we've been drifting further out without a life preserver ever since. Even the families are divided. I know what I'd like to see, but no light is shed upon the flower of understanding. Only darkness. Someone will say "I told you so" but that won't matter. It will be interesting. Let the liquid invasion ensue. This system is held together by thoughts blowing in the wind. And my fellow man seems to see a storm rising.









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Fed's Organic QE4 – A Chronicle of Madness






The Fed has finally moved to a true easing policy.Last week, the Fed surprised markets by switching its focus from cutting interest rates much more (absent an actual recession rather than fears of one) to more "printing" of money. If it looks like a duck, walks like a duck, and sounds like a duck it is probably a duck. That is what many of us are thinking when we hear the Fed again has announced that it accepted $30.8BN in securities in its latest overnight repo operation. The Fed has been forced to deal with this issue since a sudden and dramatic surge in repo rates began in September. While it is difficult to see the difference between QE and an injection aimed at maintaining liquidity, in this case, several reasons exist to believe them. Welcome to The Atlantis Report . In the days, weeks, months and probably years ahead, the Federal Reserve will be conducting operations that look and sound a lot like what it did to pull the economy out of the financial crisis. However, the process this time around will be different in the details. Where the Fed under the quantitative easing of a decade ago was buying assets to pull the economy out of the Great Recession, this time it will be looking to meet demand for cash as it tries to calibrate the proper level of reserves that banks need. Now the Fed has announced it will make monthly purchases of about $60BN for four months. these will be split across Treasury bills and short maturity coupon Treasuries. This is aimed at replenishing a roughly $200bn reserve shortfall and support the pace of growth in non-reserve liabilities. Two things are crystal clear. One is the fact the Fed is being forced to again add liquidity while markets are at near-record highs and unemployment at fifty years lows is very problematic. The second is this is a massive amount of money. So what gives? It could be argued that these are necessary liquidity injections with the intent of preventing chaos in the markets. Banks have a way of failing us when we need them most and that is a big part of why liquidity is generally the first casualty in a financial crisis. Without them, it appears the whole financial system could seize up. This is occurring at a time central banks across the world are engaged in playing a similar game. After years of monetary easing it appears the markets and economy have become hooked on constant injections of stimulus. More important than what you call these injections is how they are interpreted and where they take the financial system. Please note I did not say the economy because this money may be having a great deal more effect on asset prices than economic growth. This time it seems more people are aware this cannot go on forever. If so, this is a big shift psychologically and could account for investors becoming concerned about a financial collapse. A prolonged contraction in the flow of new credit in any economy or a contraction in business investment are key factors that often lead to a recession. These decrease demand and alter how people feel about the future. Like many of you watching this I struggle with seeing just how this will play out but it is difficult to see much good resulting from the injection of more liquidity into a distorted situation where many assets are already overvalued and debt is constantly hitting new records. Many questions exist going forward. A few of these appear below. Can monetary or fiscal stimulus turn around a recession and if so just how large will they have to be? A hundred billion US dollars do not have the impact they had years ago. How much of this is aimed at keeping the already strong dollar from going through the roof as other countries open wide the spigots of credit? The Federal Reserve has become the great enabler and is responsible for allowing the world to embark on a huge and rapid expansion of debt and credit during the last decade. A key role of a reserve currency is to force other currencies to toe the line or pay a stiff price. What is causing the current liquidity crisis? Where did all that other money go? It appears it went to creating more debt, credit, and increasing leverage. Debt creation to fund current expenditure is spiraling out of control. Was the Friday announcement by the Fed intended to send the market higher, to head off a looming recession or get in front of a liquidity crisis that might spin out of control over the weekend? I think it was the latter. Will this address the problem and stop it, and if so for how long? Maybe for a while, but it most likely only prop up the unpropable, and yes, while no such word exists it should. Other tools are available to the Fed such as slowly raising interest rates while keeping liquidity high. This is easier said than done and fraught with risk. Much of the problem the Fed faces is that low-interest rates have not created the financial environment they had hoped it would. Instead of investment in productivity, innovation, and new services that create wealth we have seen consumers and government increase debt on things of little value. To make matters worse these rates have hurt savers and massively added to inequality driving it to the highest level since 1929. While it is out of date, the chart to the right gives us a glimpse of what this is doing. We have become decoupled from financial reality. A strong dislike and distrust of the Fed should not blind us to the idea this may still play out in many ways. A huge number of our economic problems are rooted in the economic tool known as leverage. The same massive gains leverage brings, also showers us with huge losses that rapidly paralyze both individuals and financial institutions. With this in mind, we should consider the possibility we have entered the period that may someday be referred to as "The Great Reset" where values might be shaken to their core. If so, the ramifications are that certain assets such as stocks could take it hard on the chin and not recover for decades. QE was supposed to be temporary expansion of the balance sheet. The Fed just rewrote the book on that this year. I guess some people with money noticed. Permanent balance sheet expansion usually goes under the name of monetization/deficit financing. The stuff of the 3rd world and dying empires like Rome, Imperial Spain, Great Britain . The game of Fed prints money to give away on Wall Street so Wall Street can bid up Mainstreet, inflating prices of everything on Mainstreet and driving those living on Mainstreet into homelessness will be coming to a violent end. Wall Street banks are in deep shart and the Fed's QE announcement, ongoing overnight repos, inverted yield curve and Mainstream media pimping of the Real Estate markets prove it without a doubt. The incentive for the American working man to trade their work and talent for a Fed note is GONE!










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China vs. the U.S. - Trade War to Cold War? (w/ Kyle Bass and Gen. Robert Spalding)



Is globalization breaking down before our eyes? Kyle Bass sits down with retired Brigadier General Robert Spalding to discuss what’s really happening inside China. Spalding spent years living in China as Defense Attache in Bejing and served as the chief China strategist for the chairman of the Joint Chiefs. Spalding brings his deep knowledge of the people, culture, economy, and military posture of China to the table in discussing the multifaceted threat to the US posed by the rising Asian superpower. Filmed on September 27, 2019 in Washington D.C.















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Keiser Report: Will China announce it's got 20,000 tons of gold?








In this episode of the Keiser Report, Max and Stacy discuss the financialized economy hitting the wall of reality where no innovation has been implemented in decades and all past wealth creation has been monetized and spent several times over. GE announces a freeze on pension benefits as one of the kings of throwing good capital at share buyback stock price manipulation schemes discovers it is nearly broke. In the second half, Max continues his interview with Alasdair Macleod of Goldmoney.com. In this segment, they discuss the rise of China, its large purchases of gold, and Alasdair’s belief that China may one day announce that it has over 20,000 tons of gold. Should Beijing do this, the dollar is toast, he says.














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2019...A Perfect Prophetic Storm Is Brewing






Current Events Linked To Biblical Prophecies. Everything is unfolding just as the bible foretold. Wars, Volcanic Eruptions, Earthquakes, Extreme Weather, Christian Persecution, Violence and more! Matthew 24:3-14 3 Now as He sat on the Mount of Olives, the disciples came to Him privately, saying, “Tell us, when will these things be? And what will be the sign of Your coming, and of the end of the age?” 4 And Jesus answered and said to them: “Take heed that no one deceives you. 5 For many will come in My name, saying, ‘I am the Christ,’ and will deceive many. 6 And you will hear of wars and rumors of wars. See that you are not troubled; for all these things must come to pass, but the end is not yet. 7 For nation will rise against nation, and kingdom against kingdom. And there will be famines, pestilences,[b] and earthquakes in various places. 8 All these are the beginning of sorrows. 9 “Then they will deliver you up to tribulation and kill you, and you will be hated by all nations for My name’s sake. 10 And then many will be offended, will betray one another, and will hate one another. 11 Then many false prophets will rise up and deceive many. 12 And because lawlessness will abound, the love of many will grow cold. 13 But he who endures to the end shall be saved. 14 And this gospel of the kingdom will be preached in all the world as a witness to all the nations, and then the end will come.






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Russia, Saudi Arabia Seal Billions In Deals -- And a New World Begins to shape






Putin saw what happened in Turkey when they bought the S-400. It damaged US/Turkey relations. He is playing with the Saudis. He knows they are not allowed to buy the one system that might be able to protect them.Just another move in the Game of Thrones. Russia making friends, whilst America makes enemies. America needs the saudis , the US swapped gold for petrodollars, without the Saudis selling oil in US dollars, the US economy would collapse. Welcome to The Atlantis Report . Russian President Vladimir Putin has held talks with Saudi Arabia's king and crown prince in Riyadh as Moscow seeks to increase its presence across the Mideast. Putin and King Salman presided over a signing ceremony on a string of billions of dollars of investment contracts between the two countries, targeting sectors such as aerospace, culture, health, and advanced technology, AFP reported. The deals included an agreement to "reinforce" cooperation among the so-called OPEC+ countries -- the Organization of the Petroleum Exporting Countries plus 10 nonmembers of the cartel -- according to Saudi Energy Minister Prince Abdulaziz bin Salman. Russia is not an OPEC member but it has worked closely with the group to limit supply and push up prices after a 2014 slump that wreaked havoc on the economies of Russia and cartel heavyweight Saudi Arabia. Putin said that Russia "attaches particular importance to the development of friendly, and mutually beneficial ties with Saudi Arabia." During a meeting with Crown Prince Muhammad bin Salman, Putin noted that the Saudi Arabian Public Fund has allocated $10 billion for joint foreign direct investment projects in Russia, a statement said on the Kremlin's website. The 83-year-old king told him that Riyadh looks forward to working with Moscow "on everything that will bring security, stability and peace, confront extremism and terrorism, and promote economic growth." During his meeting with Crown Prince Muhammad bin Salman, Putin said cooperation aimed to "strengthen peace and stability in the region and to stabilize the global energy situation." Putin's first visit to the oil-rich state since 2007 comes as Moscow has failed to meet its 3 percent-growth goal for gross domestic product amid stinging Western sanctions. It also comes amid rising tensions in the Persian Gulf after an attack on Saudi oil facilities last month that the United States, Saudi Arabia, and a number of Western countries have blamed on Iran, which denies involvement. King Salman made his first visit to Russia in 2017 and a year later Putin publicly shook the hand of the prince at a summit of the Group of 20 industrialized countries. After Saudi Arabia, the Russian president is scheduled to visit the United Arab Emirates on October 15. Meanwhile The US leadership behaves like juvenile bastards, who are just waiting for how to attack some kind of defenseless victim. If you do not attack, then announce sanctions. They constantly need stupid vassals who will support them in everything and approve. Throughout history, there have been 12 wars between Russia and Turkey! Throughout history, there have been 7 wars between Russia and Persia (Iran)! And now Russia, Turkey and Iran, if not friends, then buddies. Putin, Erdogan and Rauhani have a great relationship! The American leadership does not grow up and grow wiser, they still live as juvenile delinquents and think in the stereotypes of the last century! The US is loosing the game in Arabian Peninsula too .






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Atom, mon amour — France's faith in nuclear energy








Hardly any country seems to love atomic energy more than France. It's the world champion of nuclear power, and generates around 75 per cent of its electricity in nuclear power plants. Warnings about potential risks tend to fall on deaf ears. In some cases, just getting involved in protests against nuclear involves its own risks. Jean-Paul Simon is a farmer from Cirfontaine, who ended up in court because he lent farming equipment to people protesting against nuclear power. The farmer’s equipment was seized by authorities. Jean-Paul Simon is still waiting for its return. The country’s oldest power plant is in Fessenheim on the border to Germany. The Fessenheim plant has been involved in more ‘incidents’ than any other in France. But residents seem largely untroubled. And apart from plans to distribute iodine pills and information leaflets that look pretty out-of-date, the city appears to be ill-prepared to cope in the event of a serious accident. How come France has such faith in nuclear power? This documentary takes viewers across the country and features both supporters and opponents. It takes a look at how in France children appear to be raised to take atomic for granted - nuclear power plants near the Loire river, for example, organize children’s activities such as candle making in the shadow of the cooling towers.









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Spain may not survive Catalan outrage – ex-Scottish First Minister Salmond on protests in Barcelona



There's been an outpouring of anger in Catalonia after Spain's Supreme Court jailed nine separatist leaders over their roles in the 2017 independence referendum. RT discussed the situation with Scotland's former First Minister Alex Salmond, whose government held an independence referendum in 2014. He believes that Madrid's attempts to silence opponents could backfire.













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Is the dream of independence for Catalonia over?






Violent protests follow long jail sentences given to Catalan leaders behind 2017 secession referendum. Spain's highest court has sent a strong message to Catalonia, two years after the region tried to break away. Nine separatists leaders have been jailed to between 9 and 13 years for organising an illegal secession referendum in 2017. They were acquitted of the more serious rebellion charges. Spain's Prime Minister says the verdict confirms the end of a failed process for Catalan independence. But the sentences triggered violent protests, with thousands of people denouncing the decision as unjust. So, is the dream of Catalan independence now over? And what are the implications for the rest of Europe?














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RAND PAUL EXPLAINS: Trump did NOT give Turkey permission to invade Northern Syria, Kurds



Senator Rand Paul breaks down the recent conflict in the Middle East. Turkey invaded Syria earlier this month, nearly destroying the nation's northern area where the Syrian Kurds live. But Paul says we need to look back at the region's history before we make assumptions about present day current events. In fact, Paul argues the irony of the destruction is that an important truce could develop between Assad and the Kurds, resulting in a semi-autonomous region there. AND, he argues, Trump did NOT give Turkey the green light to invade. Rather, Turkey's President Erdogan likely told the president he was planning to invade one way or the other, and President Trump had to decide whether or not it was wise to leave our 50 or so US soldiers in the way of a military invasion.























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Banking Top Secret -- Debt is the Sole Money Creator










If you like debt, you'll love money creation. This subject is not taught in schools yet. We're supposed to think that there's so much debt because our governments lack discipline. However , money itself is Debt. Banks create money when we borrow, use our credit cards, etc... This is the only way money is created and brought into circulation in the real economy. For every dollar there's one dollar of debt . To get more money flowing,we need more debt. less debt means less money! If we try to pay off debt, the money disappears. In the life of Joe Normal, when he's paid off a debt, he can rejoice in having more money. But for the economy as whole, this means less money. Repaying a loan is the opposite of money creation.The destruction of money. That's today's system. The best we can do in a recession today, is to court the banks, hoping they'll lend more. But that was the problem to start with. Change the system! Welcome to The Atlantis Report . When a market crashes, we often hear about large sums being “destroyed”. Is this the whole story? No, it is not. These sums are value. Not money. No money was destroyed, only value. Money changed hands. And as we speak, those sly investors who sold early are out in search of the next lucrative deal. So how is money destroyed? Answer: when a loan is repaid! Money is created through debt, and destroyed upon repayment. It may seem totally crazy at first. That’s because money creation itself is counter-intuitive. Let me help you out with another metaphor. Remember Sauron? (The Lord of the Rings) – The Ring could only be destroyed in Mordor, Mount Doom, in the fire that forged it. There’s your money-destruction! “The money isn’t gone, it’s elsewhere.” Money is still created by private banks. This transfers wealth, distorts markets, perpetuates debt, leads to higher taxes, undermines democracy, and leads directly to future crises, more bailouts, hidden costs, inequality and turmoil. Financial crises are not the exception, they are the rule. As with any disease, we are free to tackle the root causes. Otherwise, the symptoms will just keep returning. Loans create new money and it is credit using fractional reserve lending .A loan is a promise to pay you created your own debt with a signature . Further ,It's those who allow that debt to be perverted into a 1-9 printing scheme flooding the market and increasing their wealth while reducing our money value. Because of the way in which money is created and put into circulation today, debt is inevitable. In the current system, the money to pay off interest is never even created. This makes accumulations of debt inevitable. Lopsided indoctrination suggests debt is a bad thing, and one is urged to feel guilty about it. However, debt is the SOLE MONEY-CREATOR! It’s only bad for the guy who signs the dotted line. For the rest of us, debt is peachy. We live off it! We live off it until outright debt forgiveness or bankruptcies (aka debt forgiveness) or inflation (aka debt forgiveness) wipe the smiles off our faces. Then the guy who took our money and then spent it has the last laugh. We all suffer from excessive debt creation and not just the borrower – when the boom busts and businesses close down and people get fired, companies don’t single out and just fire borrowers on the payroll; even net savers might find themselves out of work, spending down their savings and eh, voila . deep shit. And the worst is that the biggest borrowers are the corporate leaders who’ve used the money to pay themselves massive salaries which they get to keep even when their companies go bust. Why? Because it’s the company that owes the money and not the owner who made the decision to borrow too much and pay himself well. Who’s smiling now? The guy who still has the country home and kids studying in college or the middle class family that saved and saved and now finds its breadwinners jobless. But we need money. Our economies cannot function without money. Managing it well is the challenge. For the government to permit banks to issue money, borrow that money, and pay interest on it is idiotic. said William F. Hixson . The currency we use today is no more than "Transactional Paper", and our currency really does not have any value of its own other than a public agreed upon value based on trust, essentially stating that Trust is valuable. So at end of the day we are all here, to make the bank's and their private owners richer and more powerful, so they can find better ways to screw us. NOW THAT IS SOMETHING TO THINK ABOUT.








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Do sanctions work?



Sanctions are used to gain some sort of political result. But are they fair? And how come some countries get to impose them on others without being affected themselves? #Sanctions #IranSanctions #VenezuelaSanctions












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Russia's de-dollarization Continues






Russia's desire to ditch the dollar is a trend that will continue to be realized, given the rapid improvement of infrastructure for transactions in alternative currencies . Terrible news for the US, but we Americans have only ourselves to blame , we started all the Russia, and china hysteria.Then Russia and China got together, and became stronger. Today the US is losing on all the fronts (including strategic and militarily) . Russia, just won the Syrian war, the Kurds just got a backing by them ! Gazprom agreement with EU countries are already in Euro .Half of their oil sales are non-dollar already . And president Putin is today in Saudi Arabia , negotiating new deals with them . Welcome to The Atlantis Report . Russia's definitely is in a good position to switch from using US Dollars to Yuans, Euros, Liras, Rupees and their own local currency since they have so little bilateral trade with the US at this point. Once they're fully off the Federal Ponzi bucks they'll be able to help their Middle Eastern Allies (Syria, Iran) & Venezuela evade sanctions, too. Russian Economy Minister Maxim Oreshkin said the country is considering alternatives to the U.S. dollar for energy transactions and is exploring currency settlements in euros and rubles for energy exports to minimize U.S. exposure. "We have a very good currency, it's stable. Why not use it for global transactions?" Oreshkin said in an interview with the Financial Times published on Sunday. "We want (oil and gas sales) in rubles at some point," he was quoted as saying. "The question here is not to have any excessive costs from doing it that way, but if the broad ... financial infrastructure is created, if the initial costs are very low, then why not!" Oreshkin said that Russia will be able to sell its energy exports in local currency given the popularity of the country's domestic bonds among foreign investors, who own 29% of its rubles debt. Russia has attempted to reduce its exposure to the U.S. through a "de-dollarization" policy to offset the impact of U.S. sanctions. Russian assets came under pressure after the first round of western sanctions were imposed in 2014 for annexing Crimea from Ukraine. Subsequently, Washington imposed further sanctions on allegations of interfering in the 2016 U.S. presidential elections and the poisoning of a former spy in Britain, accusations denied by Russia. In August, the U.S. banned its banks from buying sovereign Eurobonds directly from Russia. Russia's finance ministry said last month that the country will focus more on selling its debt to investors from Asia and Europe and may adjust the currencies of its bond issues. After two waves of US sanctions in 2014 and 2016 — related to Crimea and alleged US election interference — Washington most recently barred its banks from buying sovereign Eurobonds directly from Russia, to which Russia's finance ministry responded by saying it would sell more debt to investors from Asia and Europe. Well the sanctions made Russia the only Country with a balanced budget , with $600 billions in reserves and a wealth fund of $100 billions, while the US owes $23 trillions and is printing money out of thin air to feed its people. Putin will get his way to de-dollarize, with U.S. help. All the U.S. needs to do is either continue running up its debts, or experience another recession, like 2008, and print more worthless money, and watch everyone, including the OPEC nations, abandon the dollar. The U.S. currency and economy will crash on the rocks overnight, and Putin doesn't have to do any more to convince other countries to move to a different currency, whether it be Roubles, Yuans, or Euros in trade. why has it taken Russia so long. As soon as sanctions were announced they should've started pricing their gas and oil in euros. If they created a bloc out of Russia, China, Venezuela, Iran, Turkey, Syria and other states that have faced sanctions they could really do some damage to the dollar as a reserve currency. The clear intention behind is to outmaneuver the only currency that got weaponized, and that is the world reserve currency, the US dollar. Selling Russian oil for dollars is effectively selling Russian oil for gold. Potentially worthless dollars buys potentially valuable gold cheap. That's partly because the dollars attack gold to keep itself alive. But Putin plays the long game and uses economic Jujitsu, using the dollar/gold strategy against his adversaries, sorry , partners. When the time is right and the dollar naturally corners itself that will be the time for Russia/China and other sanction victims with oil to strike because the death of the dollar benefits will outweigh the gold purchases benefits and the damage to the American economy will be more severe. They are waiting for the desperate empire to weaken itself while fortifying their own economies, staying militarily defended, and not responding to provocations, the long game But don't believe that Russia and China have ambitions for gold to be the preferred global/local currency, even though they have balance of trade surpluses. No government prefers specie to fiat, they share that control freak impulse with bankers. Specie money and property rights only benefit the productive hoi polloi (not the parasitic ones). To governments, hoarding gold is insurance in case they can't pull off their own fiat replacement to the dollar. No doubt he globalist are burning up their brains also to see what can be done to continue with their centerpiece fiat asset or get another one. But The Bankers also know how to leverage gold and the death of fiat would not be a death blow to their power, the globalist are all kinds of money experts and they also know how to run real businesses and weaponize anything you can think of. And the hoi polloi, even on this website, remain clueless about the properties of money and how these properties relate to their freedoms, so they remain maneuverable. But the chance remains nevertheless that gold and other specie money will find themselves in the drivers seat, even now specie is very much in the game. Interesting times both now and ahead. Thanks to Trump’s “good and easy to win” trade wars, tariffs and sanctions! Of course Trump won’t drain the swamp this way (they always win anyway), instead he will only end up impoverishing the American people even more. Jobs are not shifting from China back to the US, but merely from China to other southeast Asian countries, and his neocon geopolitical policies will only cause a further increase in Trump's insane defense spending which of course subsidized the Swamp/Military Industrial Complex even more. Trump is desperately trying to strong arm /blackmail the Germans not to buy more Russian gas (Northstream 2), but less and less people take the Tweeter in Chief serious around the world. Lose - lose for the American people, but Trump will market/brand this as “winning” and “best economy ever” while he begs Powell for more rate cuts and QE. And most Trumptards, too stupid to think things through, follow this maniac off the cliff, onwards to Trump’s next bankruptcy! Don't worry Putin will be merciful, China I'm not so sure. The one thing The globalist No longer have control over is Russian DEFENSE. The rules of the game have changed. Russia destroyed US air and missile superiority. They have also, along with the Chinese, completely neutralized the vast US naval power which is now considered fish in a bowl. The US just spent 3 years moving its nukes out of Turkey into Romania. The US think a it can win a nuke first strike on Russia. But it cannot. Washington's answer to anyone de-dollarizing is war. When is America going to start bombing Russia ! Wait forgot Russia is not a third world country that can't fight back.












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Trump's China strategy is futile & dangerous - Richard Wolff





Economist and author Dr. Richard Wolff shares his insights on the pending "temporary deal" between China and the US, Wall Street's likely reaction and how it could affect China's meteoric rise. He argues that the Chinese system "has no parallel in human history" and alleges that Washington's only hope of continued relevance is to "come to terms with China, because the alternative is unthinkable."







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TRUMP ALERT! The Central Bankers Are Preparing To Crash The Economy



TRUMP ALERT! . The Central Bankers Are Preparing To Crash The Economy










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Benjamin Fulford Update : 14 Oct 2019 - Historic changes unfold worldwide





Historic changes unfold worldwide as Zionist project collapses by Benjamin Fulford Welcome to The Atlantis Report . Truly historic events are unfolding worldwide as the centuries-old Zionist project implodes. This can be seen with the UN running out of money, a massive Turkish invasion of Syria, and an escalating civil war in the United States, among other things. Also, multiple signs indicate that some sort of high-level deal has been reached between Russia, China, and the U.S. for a new system of global stewardship. Let’s start with the situation in the U.S. Here the military government headed by President Donald Trump has secured funding from China to avoid bankruptcy, Pentagon sources say. In effect, China will pay cash for an abundance of food from the U.S. to buy it time until a global currency reset takes place, they say. The U.S. military sent us this photograph with the caption, “To welcome the new fiscal year, Trump summoned military brass for a White House meeting and dinner on October 7 with [top General Mark] Milley and other Army generals wearing World War 2 uniforms and declaring war on Zionists and the Deep State.” Furthermore, the Pentagon sources say, “The hunt for Red October is on as the Hunter (Biden and other traitors) becomes the hunted, and General Joseph Dunford oversees military tribunals.” Russian sources tell us that former President Barack Hussein Obama has already been executed by a firing squad. The Pentagon sources did not confirm this, but did say, “Civil war is raging with Gitmo [Guantanamo Bay] executions, declassification, mobilized troops and feds, and potential takeover of California.” The Zionists, of course, are not going quietly into the night. A senior MI6 source says he was told “by a very reliable source” of an “outlandish claim of a ‘glorious revolution’ by the ‘Fallen Angels (satanic bloodlines)’ between December 21st and 24th to instigate full thermonuclear warfare to exterminate the very vast majority of life on this planet.” This is, of course, a reiteration of the Israeli “Samson option” to destroy the world if its existence is threatened. Israel definitely is facing an existential crisis . continue reading at Benjamin Fulford dot net .










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It's the End Game for Central Bankers








All money is created as debt, more debt means more money. If everyone paid their debts there would be zero dollars, well negative dollars actually after interests. As long as people buy into the fictional money, every is just transferring wealth to the banker's coffers. When things go really sour , revolts happen as the currency's true value is not merely nothing but negative. Money with nothing but debt backing it is a concept that enslaves all but those who lend it. Welcome to The Atlantis Report . "Paper is poverty. It is only the ghost of money, and not money itself...” "paper" is the usurers' tool for domination. It is the fount of all of their ill-gotten power. With these counterfeit notes, they slowly acquire not only the world's gold and silver supplies (real money), but also other assets such as real estate. This, from Article I - Section 8 of our Constitution: "The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defense and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States . To borrow Money on the credit of the United States . To regulate Commerce with foreign Nations, and among the several states, and with the Indian Tribes; . To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States . To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures . To provide for the Punishment of counterfeiting the Securities and current Coin of the United States." It says nothing about Congress borrowing from a Private banking Institution AND ,it stipulates that Congress has the duty to "Punish counterfeiting of the Securities and current Coin of the United States". I would say that rule applies to The Fed and all of its (((International Stock Holders))). Fractional reserve banking allows the wealthy to borrow money created out of thin air at zero or near zero interest then loan it to producers at high interest and then seize the assets of the producers when they can't pay up. Then the wealthy get to rent those assets back to the producers and extract the greatest percentage of profits from other peoples labor for eternity. Fractional reserve banking not only enables the wealthy to own everything outright but does so without them having to break a sweat or risk anything tangible of their own. In the banking business, the private bankers become the owners of entire nations simply through bribing politicians and swindling the wealth of the People . For example, in 1914, the bankers promised that if we gave them the authority to loan us back our own money at interest, that they would make sure that there would never be any bank failures or inflations or depressions. After all, they assured us, politicians cannot be trusted with printing money but only bankers who understand how to filch the smallest farthing should have such power. And so, the empty noggins on Capitol Hill believed that (((the world's greediest and most ruthless people))) could be entrusted with our wealth and gave to the bankers the Federal Reserve Banking Swindle, the world's biggest cash cow, for their very own. It took only fifteen years for the bankers to get all of the kinks ironed out and the Federal Reserve Banking System working smoothly. Then, once they were confident that all was in place, they and their relatives on Wall Street engineered the Stock Market Crash of 1929 and the Great Depression. During the Great Depression, as millions of people starved and were thrown into poverty, the bankers grew fat and were able to buy cheap factories and businesses so that (((their extended families))) could also make a lot of money once they had brought them all over as "oppressed immigrants" from Eastern Europe. Once the factories were safely in the hands of their relatives, the bankers put those factories to work making their relatives rich with war material for World War Two. After all, nothing makes money for a banker better than a war. Unless, of course, it's two wars, or three or more than three. Korea, Vietnam, and the present, unending wars do nothing but make money. Yes, wars kill and maim millions of people and cause unimaginable suffering, but they are really wonderful money-makers for (((the bankers and their relatives))) in manufacturing and retail. Oy, such profits, you wouldn't believe! Such wars were never designed to be won and an end put to the alleged "causes" for such wars because wars that are never won must forever be fought. And unending wars create unending profits for those greedy and ruthless monsters on Wall Street and the bloated creatures counting their profits in the banks." Yet the dangers of centralized banking are not new knowledge. For centuries, people — including many of our founding fathers — have tried to warn us of the numerous threats posed by institutions like the Federal Reserve. Today, it’s understood by many that the recklessness of the Fed allowed for the subprime mortgages that caused the Great Recession of 2008. With over $22 trillion in debt, $120 trillion in unfunded liabilities, and, soon, an all-time high debt-to-GDP ratio (comparable to World War II levels), however, it’s not overstating it to say that the Fed-facilitated out-of-control federal government spending constitutes the greatest threat to the American way of life in history. To understand the full extent of the debt and the destruction of the dollar, it’s essential to realize that paper money has a history of being printed as bills of credit to finance runaway government. In 1775, the founders attempted to use paper money without gold or silver backing, and they found that the inflation robbed them of any value. In 1788, Thomas Jefferson wrote: Paper is poverty. It is only the ghost of money, and not money itself.” “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.” Money is totally an abstraction. Use gold, wheat, silver, uranium, paper, or accounting entries in a ledger. It does not matter. The problem is control of issuance and the purposes for that issuance. Governments have a long history of abusing money to fund their schemes but that is not a problem of money. It is a problem of integrity in government. Without integrity in money a return to the gold standard will mean nothing. Efforts will begin immediately to weaken the currency. Gold is restrictive only because it is costly to print. Printing gold means mining gold, of course. One would therefore expect agitation to print gold certificates soon so that gold can indeed be printed. We then are off on the road to fiat currency again. Why bother. We would be better off to change monetary policy and stop worrying about gold. Fix monetary policy and we will not have trouble over gold. An expanding economy will need an expanding money supply in any case. It is more efficient to print it or just write it up on a ledger. Gold is expensive. Our most pressing problem is cheats and thieves are controlling the banking industry. Until that is fixed there is no hope. But there is also no hope if traditional banking returns to treat the integrity of money as amounting to no more than the maintenance of a store of value. Those who love gold only mean to sit on their pile of money and strangle trade. It is a classic problem reaction to which has brought us to the current free spending world we now enjoy and will again. The exchange of currency for goods is the reciprocal of the store of value function. Value money as a store of value too much and you will strangle trade. Until this is thoroughly understood the effort to restore a gold standard will only bring a new hatred of banking as many will see money as too dear and act to cheapen it. Central banks earn seigniorage from the difference between the “printing” costs of the legal tender (monetary base) and its nominal value. In a simplified balance sheet of a central bank, money is visible in the liabilities-side, which also holds the government’s bank account (domestic liabilities) and the reserves of commercial banks and net worth. Net worth includes the capital of the central bank and valuation adjustments for changes in the foreign-exchange rate and investments. A central bank’s assets include securities, foreign-exchange reserves (net foreign assets) and loans (to commercial banks). Thus, when a central bank buys assets, such as government bonds, it simply either creates money directly or debits the reserves of commercial banks to maintain balance. In the programs of quantitative easing (“QE”, see Q-Review 1/2018), the latter option has been used. The central bank earns income in the form of interest from these holdings. If the liabilities contain required reserves and currency, the central bank has “zero-cost” financing. If the liabilities contain excess reserves and or domestic liabilities, the central bank will need to pay interest. The Federal Reserve Bank a privately owned bank that employs economist that gives them the appearance of a "central bank" is not going to survive. What they did in all reality is transfer what is their "deflation" which upon transfer "inflates" to the non major central banks which in turn is what produces the type seineiorage the majors are looking for. This is via (not care of) the IOU known as the Federal Reserve Note. This via mechanism is how, THE TREASURY passes on its inflation to the rest of the world. That's only one way. Species payments did not exactly go away like all think. Goes to decimal fractions is your only clue. The major central banks transferred and/or traded their liquidity which is not to be confused with assets (per say) to the non majors. This statement forms the impetus of something I have been saying for years. Government Debt is the new Subprime. This statement thus builds on something I have been saying for years also. The Founders Warned Us About Central Banking . The Central banks are a problem in themselves, but letting the cabal run them is insane. People tend to forget that central banks, compared to the economy, are a fairly new invention. They assumed their current role as setters of interest rates only in the 1920s, and became the guardians of inflation in the 1980s. In the 2010s, they became the unwitting destroyers of the pricing mechanism in the capital markets. Their evolutionary path seems clear, and it is very detrimental to the overall economy. In the case of a recession, their only remaining (effective) stimulus option is some form debt monetization, √° la “Modern Monetary Theory”. If enacted, this will signal the end of the monetary system as we know it, but also ensure the end of central bank hegemony because of the inflationary crisis which will ensue. That’s why we should not be surprised if central banks are not around after the coming crisis has passed. Their pernicious asset buying-programs and negative rates have left them vulnerable politically to any larger shock, such as a crash in the asset markets or a global recession. Venturing into debt monetization would seal their fate. There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. So the moral of the story . When we can predict the knee jerk reactions of central bankers and the politicians that they serve, we'll be able to better predict recessions because we'll be able to better predict when the QE, and interest rate suppression will cease. In either case, a political reckoning for years of reckless central bank policy is fast approaching, and they may not survive what is about to hit. Their death will bring back honest money and value of real labor. for over 2000 years. where would we be as civilization if we didn't had this parasite . Time to execute the Creature from Jekyll Island.











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Bible Prophecy Is Unfolding Right Before Our Very Eyes...2019









Current Events Linked To Biblical Prophecies. Everything is unfolding just as the bible foretold. Wars, Volcanic Eruptions, Earthquakes, Extreme Weather, Christian Persecution, Violence and more! Matthew 24:3-14 3 Now as He sat on the Mount of Olives, the disciples came to Him privately, saying, “Tell us, when will these things be? And what will be the sign of Your coming, and of the end of the age?” 4 And Jesus answered and said to them: “Take heed that no one deceives you. 5 For many will come in My name, saying, ‘I am the Christ,’ and will deceive many. 6 And you will hear of wars and rumors of wars. See that you are not troubled; for all these things must come to pass, but the end is not yet. 7 For nation will rise against nation, and kingdom against kingdom. And there will be famines, pestilences,[b] and earthquakes in various places. 8 All these are the beginning of sorrows. 9 “Then they will deliver you up to tribulation and kill you, and you will be hated by all nations for My name’s sake. 10 And then many will be offended, will betray one another, and will hate one another. 11 Then many false prophets will rise up and deceive many. 12 And because lawlessness will abound, the love of many will grow cold. 13 But he who endures to the end shall be saved. 14 And this gospel of the kingdom will be preached in all the world as a witness to all the nations, and then the end will come.





The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Why Hong Kong Is Facing a Recession Amid Protests and Trade Wars



Tourism and retail sales—crucial parts of Hong Kong’s economy—are both slumping, as months of pro-democracy protests weigh heavily on one of the world’s financial hubs.













The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

The Dawning of Monetary Inflation on the General Public








money no longer circulates. It gets printed, distributed, facilitates maybe one transaction, and then is locked in the hoards of the Obscenely Wealthy, never to be seen by the public again. 90% of the population is thus impoverished, and unable to sustain themselves, let alone the economy. Welcome to The Atlantis Report . Money is not real to begin with as it was made up by man. It was literally created on the fly. When the currency is created as debt, which it is, it REQUIRES an ever expanding currency supply forever. Say they print a million bucks, and that’s the only money there is. At 2% interest, that million bucks requires $1,020,000 to be paid back. Where’s the extra $20 grand come from ! It doesn’t exist, so it has to be printed too. And you can’t actually pay off the million, because then there’d be no money in circulation. So you have to reprint the million plus 20 grand. Now, if you want the economy to grow, that million dollars has to grow too. Otherwise you’d have 0% GDP growth. So 1 million becomes 2 million. Well, now you owe 40 grand in interest. This has been the way the siren works for over a century now. Outer debts and our currency and our economy are all linked. Now for the real kick in the nuts. If you want the economy to keep growing at the same rate, the debt MUST grow at an exponential rate. If society is used to the growth rate from 1 million to 2 million, you can’t just go to 3 million next time. From 1 to 2, was 100%. From 2 to 3 would only be 50%. So you have to grow it from 2 to 4 million. Of course, then you owe 80 grand in interest. And the next printing has to go from 4 million to 8 million. And on and on it goes. Any attempted slowdown in the growth, leads to economic contraction. That’s what the QT over the last year did. So now we are seeing the economy slow. So they have to print more. And even if they save the economy again, next time they will just have to print even more. This is the real crux of it all. The debt is literally REQUIRED to grow not at a linear rate, but at an exponential one. The average human mind has trouble comprehending exponential growth, but we’ve reached the point where either we have the economy slow, or our debt goes full on hockey stick at this point in the graph. Or, we get a new monetary system and currency, and start over. Those are literally the only choices. Real wealth is not money. Wealth is real things like farms and factories. The growth of real things is not very limited. When you spend a gold coin the next guy is then able to spend it too. It is reused many times in a year. Ownership of real things can expand without expansion of the money supply. You pay the interest with ownership of the expanding real things. The 'fed' (as in feeding on people) is caught in their own trap. Instead of taking responsibility, they insist we look here there and everywhere but never ever directly at them. This is precisely why they consistently lie about who is responsible and who's gonna pay. It's writing on the wall signed anonymous but it's just all lies. People made money and we can quite literally do anything at all we want with it, to it, etc. But make no mistake it does not define us as a whole. The feds made their bed and want someone else to sleep in it. As long as people keep pretending "the feds", like they are a literal money tree god, and at the same time acting as if they (we) are powerless in doing anything (we can do anything we want), the feds retain their corrupt powers, and people just stand around like some chart is in control of them, instead of the other proper way round. banks will be bailed out, but our masters know that the collapse of the economy will hurt the little people, in real terms, far more than the banksters. The banksters have their billions stashed away offshore, in secret places. The little people, roughly 90% of the population, will have nothing in a collapse, no backstop at all, no equity left in their homes, no jobs , nothing. The real pain will be felt by them. And so, that fact provides the moral justification, in the minds of the fed and the government, to keep bailing out 'the system'. Anything that is severely abused WILL fail... It simply is the way this Universe works... Have PM's and live near an Amish community - you'll be fine unless nuclear war breaks out - that is the great equalizer, NOBODY escapes.stock up on both goods and precious metals. Can't wait to see all of America's golf courses converted to growing wheat, corn and veggie's with Wall St types becoming farm laborers.













The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

The Internet and The Great China Firewall






Once little more than a glorified porn filter, China’s ‘Great Firewall’ has evolved into the most sophisticated system of online censorship in the world. As the Chinese internet grows and online businesses thrive, speech is controlled, dissent quashed, and attempts to organise outside the official Communist Party are quickly stamped out. But the effects of the Great Firewall are not confined to China itself. Welcome to The Atlantis Report . In the West, China has long been regarded as the world’s worst abuser of internet freedoms. As long ago as 2013, Beijing had two million full-time workers employed solely to patrol internet traffic with a view to identifying, limiting and censoring public data throughputs for the purposes of √©lite political control. The problem is that more than 40 million Chinese citizens live and work outside China. A lot of these are students. Most of them have access to a free internet in the countries in which they reside. They know how the world is and how the world works. They also know about Chinese issues, history and personalities which they are unable to learn about (officially) at home in China. For most of these permanent or temporary expats, the idea of life without Facebook, Instagram and Twitter has become difficult to imagine. Chinese people who move overseas are unable to access any Chinese web content from home. The great digital firewall not only blocks Western content in China, but also works in reverse. This divided internet creates a disconnect for Chinese nationals living abroad. Many patriotic, docile and obedient Chinese citizens find that when they go overseas and leave the firewall behind, they crave for a safe return to the heavily-censored content they're accustomed to consuming online at home. And just as their more activist compatriots back home use Virtual Private Networks (VPNs) to scale Xi Jinping's digital fortress and use Western social media platforms, millions of Chinese expats overseas reportedly use VPNs to get back inside it. One of the most popular VPNs used by Chinese expats is Transocks. This is thought to have almost 10 million devices connected worldwide. I think China is just the first nation which is openly acknowledging returning to its more ancient roots. All these Presidents, Prime Ministers, Monarchs, Emperors, Chairmen, etc., DID NOT GET THERE but through Bloodlines whatever the pretense holograph of "democracy," "communism," "socialism," other constructs for FOOLING the Plebs. While maintaining separate cultures rather than the "one size fits all" tyranny of the Western BLOODLINES, the end game for ALL THESE controlling elites IS absolute control of the Plebs. Chinese lost the right to Democracy when they formed a country of 1.3 billion. They are trying to discover what their nation will be. How about the NWO and do-gooder libertarians like Liberty Blitzkrieg. Democracy fails at a scale of about 20 million. Even worse, Communism fails at a population of a hunting party. Proportion and scale and science is missing from Political Science. Does the beaver force an elephant to live in a beaver den? Why demand China adopt USA Democracy like a cheap TV Evangelist! USA Democracy has been a failure from bankers parasites present at the nation's founding . We all know that the USA military empire is in retreat. It is natural for the local countries to fill the void. It is not our job to be kingmakers or poison the wells. Any CIA and military adventures will not Ensure a favorable government for USA Citizens. I assure you, those misadventures are funded to ensure that the Bankers Parasite gets a Foothold in rising powers of China and Russia and Iran. Think of an alternate universe where England did not infect the USA with the bankers Parasites. We should quarantine ourselves willingly.







The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

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