Sunday, October 20, 2019

The Truth about The Coming Recession and how Trump will be blamed for it







The Fed yet again did another $104.15 billion of Not Q.E. in a single day. The Fed claims it's only temporary. But that is precisely what Bernanke claimed when the Fed started QE1. Milton Freedman once said, "Nothing is so permanent as a temporary government program." The same applies to Q.E., or whatever the Fed wants to pretend it's doing. Welcome to The Atlantis Report. There is a very Dark Cloud hovering over the world economy, and at the center of this cloud lies not just Europe, but Germany – the most robust economy holding up all of Europe. The German manufacturing sector is in freefall. President Donald Trump will be blamed, calling this the result of his Trade War. It is probably too late to get him even to understand that his advisers are old-school and utterly wrong concerning trade. Their obsession with currency movements is what they taught back in school during the 1930s. Trump has made the strength of the U.S. economy a cornerstone of his 2020 reelection campaign. But he has reason to be alarmed if the economy were to tank under his watch. My advice to China, let the yuan float, and Trump will quickly see that China has been supporting its currency, not suppressing it. Global Trade Is Deteriorating Fast, Sapping the World's Economy. As Trump intensifies his trade war with China, and as factories slow in major industrial nations, world commerce is deteriorating rapidly. Trump will be blamed for this, and his badgering the Fed to lower interest rates is also a fool's game. Nobody looks at the elderly who were told to save for retirement, and you will live off the interest. Their house values were undermined in the 2007-2009 New York Banker's Mortgage-Backed scam that blew up the world economy from which we have been unable to recover fully. The younger generation cannot afford to buy a house, as they have to cope with the increasing cost of college tuition, student loan debt, and job scarcity. Over the summer, there's been a significant slide among observers in their confidence toward the economy, as it shows signs of slowing down after a decade-long record expansion. Though jobs are abundant and wages are rising, Trump's trade war with China has depressed hiring, and businesses have sharply pulled back on their spending. The sour mood has threatened Trump's electoral prospects since 70% of the economy is powered by consumer spending, and any belt-tightening could actually accelerate a recession's arrival. The insanity of global political power knows no boundary when it comes to stupidity around the world. All they have is interest rates, and after more than ten years of excessively low to negative interest rates failing to stimulate the economy in Europe, what do they do? They argue that all real money must be eliminated because people are hoarding cash and thus defeat their lower interest rates policy. The longevity of low rates has upended long-standing assumptions about money and reshaped a generation of investors, traders, savers, and policymakers. The Federal Reserve had tried to push the U.S. into a higher-rate regime, raising rates nine times since 2015, when the key short-term rate was near zero. But now the central bank appears ready to reverse course and start cutting again when it meets at the end of July. This is the new abnormal. Normally, when you are in this phase of an expansion, you have a rising inflation problem, a Federal Reserve overtightening to slow the economy, and businesses that can't afford to borrow. None of that is true right now. The IMF recommends confiscating all cash and then driving interest rates profoundly negative to force recovery. They remain ignorant that they have destroyed the retirement of the elderly now, as well as those who have yet retired because they command pension funds must invest in government bonds to various percentages ensuring that pensions will collapse as well. Manufacturing has been contracting compared to the service sector, even on a global basis. The latest numbers from the Institute for Supply Management's (ISM) closely monitored survey of the country's manufacturing firms (the Purchasing Managers' Index, or PMI) shows not only that manufacturing activity has contracted for two consecutive months, but that August was the lowest point for the sector since June 2009 — a time in which the economy was mired in the Great Recession. The financial markets have appeared to be disconnected from the underlying economic trends because capital smells a huge rat. Money has been shifting toward preservation rather than how much profit can it make today. Even the 10-year 3-month interest rates in the USA have tipped into the inverted yield curve, confusing many that this is a sign of impending doom. They fail to read the tea leaves that capital is looking for a place to just park. Traditionally, inverted yield curves take place during recessions, and we are in one globally heading into a significant low come January 2020. Major central banks seem trapped in an era of ultra-loose monetary policy. Very low-interest rates for an unusually long period of time involve diminishing returns and rising costs that make normalization of monetary policy increasingly difficult. While central banks have tried to "stimulate" the economy, federal, state, and local governments are in dire need of money and have been raising taxes and increasing enforcement. Government pensions are wiping out budgets in Europe, America, and Japan. The forces of the central banks have been directly opposed by the political, fiscal side of government. Central banks are trapped, stuck with ultra-low interest rates and expansionary policies that produce astonishingly little real growth. Central banks are doing nothing but print and binge on bonds, and this will ultimately create hyperinflation and a bust. The world economy is heading for the rocks of the recession, mass default, and financial collapse. The global bond markets might seem to suggest quite unprecedented downward pressure, worse than in the Great Depression of the 1930s, on economies. And they will lay all the blame on Trump and attribute this to trade rather than finance. It obviously would not be his fault; it is the result of decades of bad policy, corruption, and abuse that much should be clear to anyone long before Trump was anything more than a reality show host and a guest on WWE Monday night raw. However, what is his fault is his incessant need to brag about his stock market and take all the credit so long as it was going up, then start blaming everyone else once it started to take a downturn and show anything less than from here to eternity growth. He pegged to much of his policies' success to the markets and recently has been desperately trying to reverse course to try and avoid what amounts to a P.R. disaster. Hence the laser-like focus on the trade war and Iran. China is particularly helpful as he can peg any market issues to the trade war, and he has done just that by saying the markets would be 10,000points higher if he weren't saving America from the evil Chinese. Now that may be partially true. Clearly, U.S. and Chinese trade relations have long been in desperate need of a serious overhaul, and equally clear is that there would be some pain in the process in the event that China did not simply roll over and give Trump everything he wanted in a new trade deal. The problem, as I see it, is Trump did not prepare the American people for any adverse consequences; all he said was trade wars are fun and easy to win. That set a certain expectation with people that the U.S. was going to roll right over China and skate through this unscathed under his leadership. In fact we the people would do nothing but benefit from the hundreds of billions of dollars that would flow into the economy. Clearly, that was never a realistic approach, and all those hundreds of billions of dollars were never going to benefit the average American in a way that Trump could exploit in the way of brand management. I'm not sure what Trump's expectations are in this or what his endgame is as neither he nor his administration has laid what exactly the conditions for victory are supposed to be in this trade war. It also absolutely did not help when he claimed he could order U.S. companies out of China, regardless of whether he really can it came off as the extremely rash actions of someone who had lost the narrative and was desperately trying anything to get back on top of things. And him going after the FED was just another attempt to redirect attention away from Trump's personal responsibility for the path he is taking us down. While the FED deserves any shade thrown on it and preferably should be shut down, what Trump is demanding, they do nothing more than a continuation of the failed policies of the past. No to mention he has done nothing to address what's really going to destroy the economy in the end, out of control spending and out of control debt, in fact, he's made things worse during his term. Again overall, you can't throw this on Trump's lap as this has been a ticking nuclear bomb for generations. Maybe at this point, there is nothing to be done except delay the great reset for as long as possible. Trump will not be at fault when the next Great Recession hits, and it will hit and most likely during his presidency. Blaming or praising a president for things that they clearly do not deserve either for is just myopic cult of personality that so many Americans get caught up in. This is known as being left holding the bag, and it would happen to anyone at that post in a recession. I thought this would happen sooner, but I was wrong. Best I can come up with is perhaps Trump won't roll over and give the banks and friends the whole world and a handbasket like the last guy. Perhaps in his rage of lost power, he might take from them or establish some kind of antitrust. They need a real puppet to pillage the things they want. Hopefully, Trump won't play along. No point in bringing down the whole world if they can't buy it up for pennies on the dollar. These people didn't get to where they are by being reckless. Trump is neither a savior or villain in this; he is just a mediocre businessman who happens to win the Wrestlemania of politics.



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“Control oil and you control nations; control food and you control the people.” Henry Kissinger


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


Po
litical 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

In The Left Nothing is Right & in The Right nothing is Left
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

There is a Class War going on in America, & unfortunately, my class is winning." Warren Buffet

"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."

Thomas Jefferson

"College is a waste of Money"
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