Inflation is THEFT. Taxation is ROBBERY










Inflation is directly proportional to the money that is produced out of thin air within a fractional reserve banking system. No other result is ultimately possible. Inflation is a slow robbery that does two things. It devalues savings and inflates asset prices, forcing people to spend and gamble. It stimulates consumption; on a planet where everything is finite. Inflation completely warps supply and demand and over time, leads to shortages of essentials and overproduction of garbage. Inflation exists as one of many wealth transfer mechanisms. It's a casino where some do win, but only at the expense of someone else losing. And of course, the parasite institutions get to collect a convenience fee for doing god's work. Supposedly taxes are collected for the privilege of us using the Fed's money. Yet somehow even transactions not involving fiat are taxed equally. Even if you barter, you supposed to pay taxes issued in the currency that was nowhere near during the exchange. I mean, come on. We all know that the foundation of the modern economy rests on lies upon lies. Instead of maintaining equilibrium, inflation favors growth. When growth stops, everything collapses. Money vanishes, and only assets remain. All the collateral pledged goes back to the bank when they yank the carpet. That's what it's all about. The game auto-terminates when the bank owns everything there is, and in over 100 years of Fed's existence, we're almost there. It's by design. Welcome to The Atlantis Report. Here’s a strange headline for you: “Gold prices near-daily highs despite better-than-expected inflation in October.” This headline is bizarre on a couple of levels. First, since when are rising consumer prices and good news? And second, why wouldn’t inflation be good for gold? You really have to buy into the mainstream narratives to write that headline. Consumer prices did, in fact, come in higher than expected in October, according to the latest Labor Department report. The Consumer Price Index increased by 0.4% last month. In the 12 months through October, CPI came in at 1.8%. Core CPI was up 2.3% after a 2.4% rise in September. This is “better than expected.” Better. Think about that for a moment. The headline writer is telling you that having to spend about 2% more every year on healthcare, recreation, vehicles, and rent is right for you. Congratulations. Of course, the reason the mainstream considers this good news is because the Federal Reserve intentionally tries to maintain a 2% inflation rate. Yes — the central bankers think it’s essential for your spending power to decrease every single year. Mainstream pundits will also tell you that rising inflation is bad news for gold. The headline hinted at this fact. Gold was pushing daily highs “despite” the inflation report. This is because pundits expect the Federal Reserve won’t cut rates any more if inflation heats up. Heck, it may even raise rates. This is entirely backward thinking. In the first place, while higher CPI data may slow the Fed’s roll-on rate cuts, Fed Chair Jerome Powell has already indicated he has no intention of raising rates, even if inflation heats up. He said that it would take a “really significant” and “persistent” move up in inflation before the central bank considers rate hikes. Basically, Powell conceded that the Fed wasn’t going to be vigilant about inflation. As Peter Schiff put it in a recent podcast, rate hikes are the furthest thing from their mind. They’re not even considering raising rates right now. So, the only thing that they’ll do is cut rates or leave them alone. This is a very dovish stand for the Fed to take. Probably the most dovish stance I’ve ever seen the Fed take with respect to its supposed tolerance for inflation. And regardless, despite what the Fed may or may not do, inflation is not bad news for gold. Keep in mind; an interest rate is nothing but a price. It’s the price of money. When there is inflation, interest rates go up just like any other price. Contrary to popular belief, this is not bad for gold. Quite the opposite, this is all bullish for gold. Gold is an inflation hedge. That’s what it’s for. As Peter has explained: If you think there’s going to be more inflation, you buy gold. But perversely, the way the markets work now, you sell gold if you think there’s going to be more inflation. In fact, you buy the currency of the country that is experiencing more inflation, which is kind of counter-intuitive because inflation, by definition, is the currency losing value. So, if the currency is losing its purchasing power, why would you want to buy more of it?” As Peter pointed out, speculation about what the Federal Reserve may or may not do now drives the market more than this fundamental truth. Everybody thinks higher inflation increases the likelihood the central bank will raise interest rates and embark on tighter monetary policy. Peter compared inflation to a fire. The Fed is going to have to ignore the fire. That means it will get worse. The fire will get bigger because the central bank thinks to put it out will do more harm than letting it burn. If traders understood this – that higher inflation just means that it’s going to get even worse – then they would be dumping the dollar. They would be buying gold.” Inflation does - it pushes money into non-depreciating assets. The problem is that people begin chasing appreciation instead of preservation. Even things such as gold go through ups and downs, and you don't know when you may need to cash out. You can buy gold high and sell low and still lose money. You can buy a rising asset, but the currency will plunge, nullifying gains, etc. The market pays more attention to the fed rates than to the companies being bet on, and that is a cart before the horse situation. That is what distortion is. We should be valuing things based on their return potential and long term sustainability. Instead, uncertainty causes people to chase short term gains. Also, just like in a casino, if someone loses small, they try making up for losses by doubling the bets and lose their shirts. The actual casino is one thing, but we're talking about the platform that is designed to distribute vital resources to those who need them most, rewarding only the most efficient. Instead, what do we have? A pump and dump wave of IPO's. Dead end startups that burn through cash. We get bailouts, subsidies, and a whole whack of things designed to counter-balance the flawed foundation. We are rearranging to roof tires to the right, the leaning tower of Pisa. The US Dollar bought 100 cents worth of stuff in 1913. Today, the US Dollar buys between 3 and 4 cents worth. The majority of sheep in America have NO IDEA of the truth. That is, today, the US Dollar is just a piece of paper with ink on it. It is a "con" game run by The Fed. The "con" stands for confidence. When that is gone, it will be Germany in 1922 here in America. In 1964 when quarters were 90% silver, gas was 25 cents a gallon. The current melt value of a 1964 silver quarter is $2.69. According to a google maps search the local price of a gallon of gas is $2.58 at Sam’s Club and $2.63 at a regular station. This should tell you all you need to know about metal, inflation, and the Demonic Banksters and their compromised puppets in the US government. The reason some people are currently buying precious metals or paper gold is mainly due to the ongoing trend towards ever-lower interest rates (negative interest rates) in the face of low inflation and growth (deflation). So, uncomfortable with the central bank’s approach to monetary policy, people are increasingly looking for alternatives such as hard assets. Basically, its a loss of confidence in the monetary authorities, and this trend first began in 2015 and had lots more room to go too. Its all about public trust. First, the big money or institutional money smells the problem, next comes the retail investors, and lastly, the majority of people or the general public. Only when the least informed individuals figure out there is a real problem will confidence tank. At that time, gold will spike and then, comes The End. The Bankster Cabal is now just about ready to “topple the dollar” by way of the plan. Jim Rickards has been outlining and warning us of the fact that the banksters want to eliminate cash, so people have no way to make money out of their bank accounts as the banksters impose negative interest rates on their savings. This means people must use cash (that is still available) to buy gold and silver. So they can have their savings out of the banksters system when the banksters say “pull it”! The evil greedy banksters are raising interest rates on the American public’s credit cards (at the same time, they are pushing rates lower to negative for bankster benefit). Perhaps the banksters see people buying gold on their credit cards (seeing as how Chase recently forgave the credit card debt of Canadians) and want to stop Americans from obtaining “real money” for free if Chase does the same in the US! Inflation has been ongoing in various forms, so the public doesn’t catch on. You see it in the way of product shrinkage while the price stays the same. Most brands of orange juice are now 52oz instead of 64oz. In my area, a half-gallon of milk has increased anywhere from 20-45 cents., which translates to $2.45 – 2.99 a half gallon. I’m seeing more and more seniors (70-80 years old) working the checkout lanes because they can’t make it on what they get from the government. Inflation is everywhere and has been for some time if you just know where to look. The purpose of having precious metals is to use them as an “insurance policy” that you can cash in if need be. There are, and will be, any number of dealers and companies who will buy your metals when/if the time comes. In the meantime, it is a good idea to have a small cache of ready cash on hand. Save what you can – even $5-$10 per week, if possible, would be good. Puerto Ricans who were caught off-guard by the hurricane a couple of years ago found out the hard way that digital methods of payment are of no use when the electrical grid goes down. I’m not worried about making my house payment in the event of a financial meltdown, and I just want to be able to buy necessities until banks re-open. Once the banks re-open, I’ll pay my mortgage payment. One way to use silver is to get some “junk” or Constitutional silver coins (pre 1964 dimes and quarters and half-dollars up to 1970) or fractional silver rounds in 1/10, 1/4, and 1/2 ounce sizes. They are a little more expensive but might be usable under the right circumstances. The same goes for gold. Fractional coins and bars are more accessible to obtain than a full one-ounce bar or coin. I always check my change when I get quarters and dimes because you might just get lucky and get a pre 1964 coin. That is like getting free silver. It is rare, but I have gotten a quarter and half-dollar like that. You need to have some silver . Fortune favors the prepared. Do what you can and make sure to cultivate relational ties with others in your area. People can do a lot when they all work together.














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

How Being Minimalist brings You Happiness & Financial Freedom !!








The things you own end up owning you. Own Less and Live More. By living with the essentials, you’ll have more clarity and creativity. Instead of buying new things, you’re forced to use what you already have. This allows you to be innovative with your current belongings and intentional with your spending. When evaluating the necessity of a purchase, wait 30 days. And if you struggle to live without it, chances are high the new item will be valuable. Otherwise, it’s just a “nice-to-have.” As for objects that are not used frequently, you’re better off decluttering them. Rental service and/or borrowing from a friend is always an option if they serve you in the future. Keeping what is quintessential, you assign what remains to a clear objective. They all have a unique role. You’ll have less anxiety by not having to think about organization and storage space. By not splurging carelessly, you’ll have more money to spend on things and activities you enjoy. Using that extra time, you can do things you love and explore new opportunities such as: Traveling ; Hiking; Dancing; Taking classes . Instead of letting things weigh you down, allow them to support and propel you forward. We all need certain things to live a fulfilled and meaningful life. But the more we hold on to, the more they own us. It may be time, energy, or money. When we eliminate the unnecessary clutter, we free ourselves with more zest and freedom. Welcome to The Atlantis Report. Becoming a minimalist made me a lot happier, more efficient, less stressed, and gave me more time. I became a minimalist a few years ago. It really did change me in a lot of ways. I got rid of everything I hadn’t used in the past couple of months. I only owned seven shirts, two pairs of pants, two shorts, seven pairs of workout clothes, and six pairs of shoes. I donated every trinket I had; I got rid of all of my jewelry, but two, I got rid of anything that cluttered up the room that I didn’t use. I only kept two paintings that hung on my wall and some photographs to decorate my room. I also donated mugs, books, kitchen utensils, etc. Only the essentials in every room. I donated them to a nursing home. If you ever want to donate clothes, you should consider a nursing home over goodwill, because a lot of the elderly literally show up to nursing homes with nothing. It’s very needed. Anyways, for the first time in my life, I never had to clean anymore. When you don’t have stuff, it doesn’t get messy. I’ve never been a clean person in my life, I would clean my room, and it would be messy two days later. No more! Everything had a place, and there were barely any items; cleaning up only took two minutes. It made me stop procrastinating. Having only seven pairs of workout clothes meant I had to wash my clothes once a week. Before, I had so many clothes that I could go for a couple of weeks without doing laundry. It made me spend an entire day doing laundry, and I dreaded it. Being forced to keep up with that task really improved my life. Also, I only owned four mugs and plates and bowls. This meant I always had to keep on top of my dishes to eat as well. Procrastination no more! It made me able to focus much more. I didn’t know this, but I can’t concentrate in a messy environment very well. Once everything was always clean, I could focus on my engineering homework much better and for more extended periods of time. I could actually work from home. It also just made me a lot less stressed. I don’t even know the reason for it. Probably since everything was clean, I didn’t have any impending work to do, and since my productivity had increased, my brain had a lot taken off of its plate. I was no longer stressed about the workload I had or the cleaning I had to do. I felt much more relaxed all of the time. It also made me stop spending unnecessary money. I never bought new clothes unless I needed them. I didn’t impulsively buy stupid trinkets or things I didn’t actually need. I never spent money anymore, and I saved a lot. It made me simplify the rest of my life too. I started eating only healthy, essential foods to streamline my life further, since getting down to the basics felt so good. Becoming a minimalist really did improve so many areas of my life. I was less stressed, happier, more productive, and made better financial decisions. I sometimes order food by delivery and sometimes get food from the store on a daily basis. I don’t buy any junk food so there’s not any extra food lying around. I’ve lost 10-15 pounds in the past six months. That’s the only diet that works for me. Don’t eat junk food. Try to stick to two meals. When I say “diet” I don’t mean “lose weight” but just eat healthy. Don’t carry around extra food in the stomach and intestines. I have a small laptop to write with. If I didn’t write I would have no laptop. I’d just use my phone. Buying “things,” getting caught in a consumerist lifestyle, and living to impress others is always going to be a losing battle. So instead, we should strive to REDUCE our overhead, REDUCE our extravagances, and get back to the basics of what we all really value the most: FREEDOM. NOT THINGS. First of all, having any type of financial “overhead” just stresses me out. Having a big mortgage payment, or having a big car payment, or having ANYTHING that l need to be financially obligated to make me feel trapped, and makes me feel as though I’m on a hamster wheel just running to keep it going. Having that “Type” of stress causes me to resent the work I do, and stifles my own creativity when it comes to pursuing my own passions - it just drains the fun out of it. This is why I’ve always preferred a financially minimalist lifestyle - the less financial responsibility I have, the more freedom I have. Then, the more freedom I have, the less stress I have - and the less stress I have, the happier I am to pursue more creative and fulfilling work. I’ll tell you what all that saved money really brings you: OPTIONS. That’s it. Money is NOT for the purpose of flaunting;it’s NOT for the purpose of trying to IMPRESS random strangers. It is NOT for the use of measuring your own self-worth, or feeling a sense of superiority over someone else. but it does give you OPTIONS. That is worth more than ANYTHING I could’ve ever imagined. For me, that option was not ever needing to work a job I absolutely loathed. I had the option to pursue the work that meant something to me. I also applied this concept of subtraction to my relationships and professional life. To begin, I reduced interactions with people who don’t excite me. Eventually, I filtered them out of my life entirely. That way I created more time to spend with those who genuinely support me. As for work, I started focusing on high-value tasks which produced my desired outcomes. As a result, I learned to prioritize efficiency over output. By managing my energy effectively, I can maximize productivity with minimal time and effort. That way I had more freedom to concentrate on meaningful activities. it said I had the opportunity to spend every day doing something that gives me purpose and meaning to my life. And that NEVER would’ve been the case if I had to sacrifice those values in order to work a job I disliked, just to support the cars, and the houses, and the luxuries I never needed in the first place. This is really, at its core, the entire culture of the FIRE movement - Financial Independence, Retire Early. It’s a community and mindset that you don’t need to be 65 to retire, if you keep track of your expenses, save your income, and grow your wealth to the point where you can live off your investments indefinitely. And THAT is really the entire point of the financial independence movement - it’s spending money on things that really add value to your life, and SAVING with the intention of building a lifestyle that supports that. And while financial independence certainly doesn’t happen overnight, it can absolutely be a goal to work towards and one day achieves - because the less money you spend, the faster you can get there. Here’s the best analogy I can think of: Imagine a race car. In order for it is really fast, it needs to be as aerodynamic and streamlined as possible. Scientists spend months and years fashioning the race car to be as quick as possible and win races by even a fraction of a second. In order to do that, scientists chip away at all of the “dead weight” surrounding the car and leave only the essentials. Think of that car as you and the race track as your life. The more “stuff” that weighs you down, the slower you’ll be, the less effective and efficient you’ll be - unable to go down the track of life at a steady pace. Minimalism is the act of stripping away things that do not serve you in an attempt to focus entirely on the things that do. In western society, namely in America, most people have bought into the “must consume or else” mindset. They attach their worth and their happiness to material things. This insane and pathological sort of thinking has created a new type of “hoarder,” one who buys a large house and just fills it to the brim with junk. Not only that, but “junk” tends to crowd into every other aspect of our lives as well. Junk food. Junk TV. Junk news articles. Junk relationships. Stuff that’s quickly replaceable, easily breakable, and cheap, cheap…cheap. Basically, focusing on “breadth” without any sort of “depth.” Minimalism is a philosophy. It’s a philosophy that says: “Fuck the default way of life, I’m going to make my life as purposeful and as focused as possible to funnel my attention on what really matters.” At it’s best, it’s an airtight Ziploc bag that holds all you cherish, nothing in or out without your approval. It’s not about how much stuff you have or don’t have. It’s a way of intentional living, intentional awareness. It’s a giant middle finger to the status quo of mindlessness that afflicts current modern-day society. If you’re familiar with economics, you know of the Pareto Principle: eighty percent of your results come from twenty percent of your efforts. In your life, right now, there are a small number of things that you use 80% (or more) of the time. In your life, right now, there are a small number of websites that you visit 80% (or more) of the time that contribute to your entertainment, education, and overall life maintenance. In your life, right now, there are a small number of people that you hang out with 80% (or more) of the time. More importantly, how are they impacting your mental state? What if you could take action on getting rid of that dead weight and focus on streamlining your life? What could happen? Less anxiety? Less indecision? Better sleep? Better relationships? Who knows what could happen. One thing’s for sure: the way most people live their lives isn’t working. Minimalism is a giant reset button on a life that’s bloated with unnecessary concerns and giant time-wasters.











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

Keiser Report: Cash and debt pile



In this episode of the Keiser Report, Max and Stacy discuss Warren Buffett’s $128 billion cash pile. In the second half, Max talks to Professor Steve Keen about the rapidly climbing pile of U.S. debt now over $23 trillion and whether or not it matters.














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

This is how The Repo Crisis is Getting Worse








It looks like the taxpayers are on a proxy spending spree again. The repo market is in total chaos. Is the repo market the canary in the coal mine, signaling the next financial collapse? The new repo market timeline that proves this crisis is NOT going away is revealed, right here, right now! Don't be caught off guard like so many before Lehman Brothers went bust. Watch this video to the end , to make sure you have all the most recent intel on the repo market bailout (QE4). It is crystal clear that the corrupt Fed needs to be audited again. The last time the Fed was audited, they've found 16 Trillion damage not reported to the public that the Fed gave away to the big banks and corporations for the bank bailout of 2008. Do not underestimate the Fed and Treasury. These corrupt people are capable of printing unlimited amounts of paper, and at this moment, they are anxious and concerned that their crooked elite-super-rich favorite candidate trump could end up losing the next presidential election. So they will continue to print re and more. Welcome to The Atlantis Report. It all started in mid-September when overnight, the rates in the repo market skyrocketed by an unheard of 400%! The Fed stepped in and injected liquidity like they always do, which is a fancy way of saying they printed more money, which will cause future inflation and widen the wealth gap, and gave it to the banks and financial institutions. Of course, Jerome Powell came out and said the repo market crash was nothing more than a "glitch" and was only temporary. In other words, nothing to see here, move along. But you know from watching my videos, once they started QE, they can never stop, and this was the latest round (QE4). But Jerome Powell was adamant that what the Fed was doing in the repo market was NOT QE. Even though that was the exact textbook definition. Why will the Fed never admit the continued repo market bailout is QE? Because by admitting they have to start QE again, they're admitting QE 1,2, and 3 failed. The market would then lose confidence, and we all know the entire economy is built on debt, asset prices, and trust. So the temporary "glitch" in the repo market has now turned into something far more permanent. So let's look at the timeline of the Fed's continued bailout of the repo market. Is this the next financial crisis canary in the coal mine? Does it have anything to do with the housing bubble 2.0? Is the repo market chaos trying to tell us the underlying system is failing? The federal reserve stopped intervening in the repo market in 2008 (when Lehman went bust). Now, 10+ years again, they've started to intervene again. First, the Fed told us it was only a temporary glitch. Of course, now they've changed their tune. They've had to continue this repo market QE4 since the "glitch" in September. In this video, I specifically discuss: How the repo market works. What the repo market problem was. And what were the excuses the mainstream media gave? So is The repo Crisis Getting Worse? Yes, absolutely; it is. And here's a timeline of the feds repo operations per their website. You can check it out at the New York feds website for yourself. Initially, they came out and made these announcements on September 20th. This wasn't when they started the repo operations just when they announced it on their website. They said that they're gonna do these term repos, which means that repos have a specific date on them of 30 billion-plus. And that's going to end October 11th. The overnight repos, that's just that overnight transaction is going to be 75 billion-plus that would extend to October 10th. Well sure enough on October 4th they came out and they up the term loans from thirty to thirty-five to forty-five billion, and they're doing it till the end of October. So you see what's happening; the amount of money is increasing, and the length of time that they're committing to is also growing. It is going to the overnight repos that are still at seventy-five billion-plus. But now they've extended that from October 10th to November 4th. They then came out on October 11th and said, okay, we're keeping it at thirty-five to forty-five billion-plus for the term repos ; but we're extending it to January. So from the end of October till January. And they're keeping it seventy-five billion-plus for the overnight transactions. And they're extending that to January as well. One thing that shocked me when I was actually reading this; because I haven't really heard this anywhere in the media; they said that they were starting to buy sixty billion worth of Treasuries beginning on October 11th. This is huge. The reason why technically they're doing repo operations, which means they're buying that collateral from the individual bank, or from the borrower. But that borrower is committing to buying that from them at a specified time. The feds just admitting that they're buying these long-term .it's going to add and increase their balance sheet; then, October 23rd, they came out and said that the term repos were going from 35 to 40 straight to 45 billion-plus. And they made an amendment to the overnight repos going from 75 billion to a hundred and 20 billion a night. And I want to remind everyone that the Federal Reserve as of right now has 1.3 trillion dollars in excess reserves. It is meaning that the banks are parking 1.3 trillion at the Fed above and beyond their reserve requirements. Why is that a big deal? Let's remember how the repo market works. We've got these financial institutions, and overnight, they need cash. All they have is collateral, usually in the form of Treasuries or mortgage-backed securities. So they'll go into the repo market, and they'll pledge their collateral for that cash that they need overnight; or for that specific term ;and the rate of interest at the lender that's giving them that cash overnight before that term can get in the repo market is much higher than they can get by parking their money at the Federal Reserve . So that begs the question, why on earth would you park 1.3 trillion here, when the market only needs 45 or 120 billion; when you could just take this out, bring it over here, and get a much higher return on your money, with collateral that's supposed to be quote-unquote risk-free. I also want to address another liquidity issue that everyone talks about. Yes, the Fed is injecting liquidity into the repo market because there's not enough cash. But let's remember that all these people that are holding the collateral that might not need cash. All the banks and financial institutions they can quickly sell the Treasuries that they have; like the primary dealers; then they could take that cash and put it into the repo market and get a higher return .just like they could by taking their excess reserves and putting them into the repo market. So this puts a huge question mark over the repo market. And you have to say; well, is it the collateral that they're worried about ? or is the solvency of the institutions that are trying to borrow the money? The fact is that a lot of these people that are borrowing in the repo market are these banks and mortgage institutions that make money by borrowing short at lower rates and lending long at higher rates. Alright, guys, I'm taking a quick timeout here, and I explain to you exactly how this business model works of borrowing short and lending long. It can be a little confusing for those of you who are not in the financial industry. So as an example, we use, of course, the repo market. And I want to point out that the majority of the businesses that use this as a model actually get their short-term lending from the repo market. So this is very applicable. So we've got a mortgage company; we'll use that as an example. And let's say that they borrowed $ 1,000,000, and they come into the repo market, and they borrow that $1,000,000 for one month. And they pay 2% interest. Whenever we refer to interest rates, whether it's the interest rate that the Fed pays on a Treasury or the repo market; we're referring to annual rates of interest. So they're paying 2% annual interest for this one-month loan of $1,000,000 the mortgage company takes that $1,000,000 ; and they lend it out to all of those customers who are looking for mortgages to buy homes. but they lend this money out for ten years at a 4% annual interest rate. So the mortgage company is pocketing the difference between 2% and 4 percent. Now you may be asking yourself: well, wait a minute that doesn't make any sense at all. Because how on earth are they gonna pay back this million dollars that they borrowed? Because they only borrowed it for one month, this is how they do it. They come right back into the repo market, and they borrow an additional 1 million dollars to pay off the original loan. We call that rolling the debt over. So they're continually borrowing and paying back this original 1 million dollar loan. Because they've got the million dollars, that's out there in the real economy in the form of mortgages for these customers' homes. So they've got a million-dollar loan that they're paying $20,000 a year to borrow that money they're lending it out at 40,000. So they're pocketing the difference of $20,000. Let's just say they've got some administrative costs for $15,000. So this business will generate $5,000 a year from this 1 million dollar that was initially borrowed. The problem is if these short-term rates go higher than the rate of interest that they're getting for their customers. they are at a loss, and they go out of business. That's why the Fed is so concerned about the repo market. In addition to that short-term Fed Funds rate. So the Fed got to keep a careful eye on this. Because there could be a lot of systemic issues. A lot of these companies could be quote-unquote too big to fail; Just like in 2008. So is the repo market crisis getting worse? Yes, absolutely, it is. But we still don't know exactly what's wrong. That's why we've got to pay very close attention to this moving forward . and I can say this. I don't know exactly what's going on with the repo market. But I do know that it's something really really big. The longer the bank cartels kick the can, the lighter our pockets get. Is there any power left for We, the people can do? Leave a minimum bank balance to pay your fixed expenses and stay away from their fraud investment policy. In short, drain the bank cartels from consumer savings and investment. Time to switch to physical assets as the bankers do to their fiat money.











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

Capital One , 3rd Bank to go Down !! -- Bank Runs Alert in America !







Capital One customers couldn't withdraw money for hours during a system outage. Capital One tweeted, quote: Capital One is experiencing a technical issue impacting customer money movement, including direct deposits, and the ability for some customers to access accounts. We are actively working to resolve the issue and restore all services. We greatly apologize for the inconvenience; end of the quote. According to the website DownDetector, Capital One customers started reporting problems early Friday morning, with 3,200 complaints received as of 10 a.m. In the noon hour, complaints had fallen to just under 800. First, it was Bank of America, Wells Fargo, and now Capital One. They're all going down for days. Is this a play; is this a test run. This doesn't look normal to me. We have a REPO Crisis; Liquidity Crisis; Pension Crisis; Sovereign Debt Crisis; Monetary Crisis;and Crisis in Democracy with rising civil unrest and growing separatist movements around the globe . He who panics first; panics best. Welcome to The Atlantis Report. The outage was poorly timed, coming on a Friday a date on which millions of people typically pay their bills. On social media, several people expressed frustration about direct deposits that never showed up in their accounts, while others said they logged in to be informed — wrongly — that they had no money. Capital One Bank is down. The banks are down; this is the third bank in just a few months that's been totally down. We had Wells Fargo a couple of months ago that was totally down, and then we had Bank of America; it was totally down. And now it's Capital One that is down. And of course no word of it in the news. Guess what, thousands of people could not get access to their money to pay rent; or to buy food or to buy lunch or pay for their gas; because their system was all down. Now is this a coincidence? This is the third freaking bank in less than a couple of months that has been totally down. Are they getting hacked? Is this happening because of the repo market? Because there's in liquidity? That's why the Fed is bailing out these banks a the tune of a hundred and twenty billion; not million; billion a day; every day. That is a bail to these stinky bankers at a hundred and twenty billion per day. So which bank is; we don't know if this is Capital One ; We don't know if it is Wells Fargo. We don't know if it is Bank of America. They're not letting us know. But guess what. It's our money that's inside of these banks. So in less than six months, we've had three significant banks go blackout, and there's really no explanation of how is this happening. Saving your money in a bank; how cute is that. Just like 1950s America. Three of the top biggest banks in America right now go dark without any explanation. Is this a bank run; yes, the bank run has already happened. That's why we have the repo market. The Fed bailing them out now is it hitting Main Street where people are running to the banks to withdraw their money. Well, it's getting very close to that; because more and more people understand that hey when the banks closed which all happened really suddenly; you're not gonna have money for gas; you're not gonna have money to pay your food; you do not have money for diapers. And I've been bringing this warning to you guys because I saw all the writing's on the wall. I saw banks being what they are doing, just robbing the middle class through inflation; through the printing of money; and through debt slavery. So guys and gals again know that bank capital one was down. You couldn't deposit money; you couldn't withdraw money; you couldn't have access to your account. Thousands of thousands of people were affected by this. First, it was Bank of America then Wells Fargo, and this is the third bank. Is this a test run? Is this a test run just to see Big Brother too big to fail banks. This is a test run to see how people react. What happens when we go to the bank, and all the banks are down. Bank of America, Wells Fargo, Capital One, every single one you can imagine. What's gonna happen then when people cannot put gas in their tank. People cannot put food on the table. What is going to happen when the banks go belly-up. Or when the banks do bail in. Well, it's gonna be just like this. We will go through a bank, and we can't get our money out. And guess what we'll never be able to get our money. Because the banks will just bail-in. Because we are what's called unsecured creditors. When anyone deposits money into a bank, we were become what's termed, unsecured creditors. So what the craziness of bankers with the madness of printing money ;with the craziest mess of the mortgage-backed securities all this insane stuff they create. These guys are just risking our savings for god knows what. They're risking it on because we know the top management's are getting the bonuses. We know the stock orders are getting the dividends. We know that everyone's winning besides the guys and gals that have their money locked up into the bank. Because for us we have to pay fees. Banking fees, statement fees, etc. And then the bank only gives us less than 1% interest rate where they turn around and lend the same exact money in credit card for 33 percent Interest; 20 percent interest rate. Let me ask you, is this fair? Do you think it's fair? You should work so hard, and the bank's been printing money and dilute your buying power. Do you think it's fair that you might have to have a college degree and I have a job? Do you think it's OK for most people to have three jobs? Do you think it's fair that mom has to work dad has to work? Do you think it's fair that you and I have to work, we put our money to the banks, and they are gambling with our money like the casinos. So the top management gets more money. Do you think it's fair? Let me know your thoughts in the comment guys and gals; I'm truly interested. The Fed has identified bank deposit withdrawals as enemies of the ponzi land. Run the bank, then! What happens when depositors realize that their money, as they suppose, isn't money but a future claim against labor unperformed? And it is infinitely able to be diluted, infinitely inflatable? Indeed, a great discovery. Banking, checking accounts, the scrip of the state, etc. It is the province of abilities and powers beyond open sight. This token of exchange forced upon you and pushing you forward for life's necessities is beyond your control. It is only worth what you, at the very moment of exchange, take it for. It will be degraded, maybe even destroyed, momentarily. When a civilization gives a more considerable fortune to the borrower with impossible dreams of tomorrow's gain and penalizes the careful husbandry of yesterday's most significant achievements. Well, then you are not far from the farthest edge of the map. THIS IS WHAT THE FINAL CHAPTER, THE VERY END LOOKS LIKE. The incentives themselves have become a chimera, changeable beings without any enduring form. Mostly they atrophy. They are semblances of what once was, what once might have been! It has been postulated that men ascend in society due to their superior tendencies, and thus the watchers will caretake over the less fortunately endowed. Perhaps it is the opposite. The top habituated by -pathics while the bottom in varying degrees carries on the foundations of an enduring society. Like a tree, tops grew too tall. The roots only to hold the generational and transmissible values. The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of 1,043 out of the 3,234 savings and loan associations in the United States from 1986 to 1995: the Federal Savings and Loan Insurance Corporation (FSLIC) closed or otherwise resolved 296 institutions from 1986 to 1989 and the Resolution Trust Corporation (RTC) closed or otherwise fixed 747 . The ultimate cost to taxpayers was estimated to be as high as $124 billion. The day there's lines at the banks from all the suckers trying to cash out might not be that far around the corner. National try to withdrawal your money day. Sincerely though, I do believe they may be getting ready to force a digital monetary system globally. After the Bank Bail-ins, of course!!! Bye-bye cash. This is the time for people to begin growing their own food and bartering with their neighbors in earnest. Society was maneuvered into cash dependency and can just as quickly learn to do without money. It's the parasites at the very top who cannot survive without it. US pensions are screwed. Keep only enough fiat in your bank account for current month's expenses, take the rest. I can pay my internet, gas, electric, cell and water bills in person - and they happily take cash. Debt-based money systems are frauds, top to bottom. Oh, and your house and cars are collateral for the government debt. Go ahead and hide from that reality, but it will be smacking your ass in the face when Money Power Empire kicks you out of your home under the pretext of government debt the way Nazis kicked Jews out of their homes under the pretext they were a threat to Germany. Maybe Money Power Monopolist Empire will create work camps for the dispossessed. What do you think? Any bank will collapse if people decide to pull their money out. Yes, if you pull out, even the sperm bank will collapse . As Peter Schiff explains : we have wreckerd debt which will lead to a wrecked financial system ; where gold and silver will be the safest assets to have in your hands . store your gold where you can easily get your hands on it . but silver will be what you want in your wallet ; to trade for goods when the power grid is shut down by the Deep State ; and the internet goes dead. Just like your cash in the bank will be useless during a Black Out. so will Bitcoin be useless . it matters not what your bank statement says you have in the closed Bank’s “secure vaults” nor what you have in your unavailable “secure Bitcoin wallet” ; word to the wise ; put some “physical” precious metal in “your hands” now! I have no sympathy for anyone who continues to hold their nest egg in the banks in the face of such obvious financial Armageddon forthcoming. In a statement, Deutsche Bank Tells Investors Not To Worry About Its €46 Trillion In Derivatives. Nothing to see here folks, now move along. Your money is safe with us, and oh look over there! China ya look at China. And in other news. Fed's non-QE action crosses back above 4 Trillion Dollars. No recession in sight. Liquidity problems in China, Liquidity problems in America. Only one thing to do. Buy gold bitchez. Stick to physical, not that ETF nonsense. Ahhh the old Deposit Insurance scam Not worth the money it's not even printed on.







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Peter Schiff : Fed admits to unsustainable national debt



Peter Schiff and Bill Lee discuss Fed Chairman Jerome Powell's economic policy with Liz Claman on Fox Business (11/14/2019)











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END TIMES SIGNS AND STRANGE EVENTS NOVEMBER 13, 2019



End Times Signs 2019 - End Times News Report - End Times 2019 Your number 1 source for end times prophecy news and latest strange events Current end times signs and latest news events from around the world

















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5 Signs Of Deutsche Bank Collapse! Prepare For The Economic Collapse 2020 Stock Market CRASH







Will The Deutsche Bank Collapse Happen In 2020? Deutsche Bank, Europe’s second-largest bank, the biggest bank in Germany, one of the world’s ten largest banks by assets, and of course the bank for derivatives trading, is in huge trouble. And of course, this matters: The International Monetary Fund was the first to warn about it as being “the largest net contributor to systemic risks” to the global financial system. When Deutsche Bank Collapse will happen, the rest of the global financial system will shake and turn into an economic collapse. There’s a simple rule When it comes down to Banking trouble: The louder someone in the government minister insists on TV that everything is just fine, the bigger the problem really is. For instance, if a government minister says that everything is fine with a bank, you know it’s not. It’s terrible enough that a government minister should feel the need to say anything at all, so when he does, you know it’s a red flashing sign. Deutsche Bank (which goes by the symbol DB on the New York Stock Exchange) could be a contrarian’s dream. But just because something is cheap and is down 84 percent doesn’t make of it a good buy. Dropping share prices signal a company that is in danger and stock market crash is on the horizon. So what’s wrong with Deutsche Bank? Well, everything is wrong with Deutsche bank. It is coping with adapting to a changed competitive situation where its business model and cost structure no longer make sense. Not to mention that tightened regulations have made the banking industry a nightmare of rules. And as reported by the Financial Times, Deutsche Bank is facing a mind-boggling number (7,000) regulatory actions and lawsuits. Deutsche Bank is the most important domino in European's very shaky financial system. Loss of confidence in financial institutions can happen in hours, and once it’s gone, there’s virtually no way (other than a bailout) to get it back. The Deutsche Bank situation generally is a serious concern, because we’ve seen what happens when a major global financial institution goes bust, and it did turn into a devastating stock market crash. When Lehman failed, it nearly took down the entire financial system with it. Deutsche Bank is of similar scale and importance (you might argue it’s actually more substantial, though I think at that point it’s basically irrelevant - if you’re big enough to bring down the entire financial system, then you’re large enough. When Deutsche Bank Collapse will happen , at least in the same way that Lehman failed, then every other financial institution will face the same questions and economic collapse will hit the world. One thing is for sure, and If Deutsche Bank collapses, it will cause the entire EU to implode. And if this happens, prepare for economic collapse, the likes of which this world has never seen. So can Deutsche Bank be the next Lehman? A quick comparison of the stock charts of Deutsche Bank and Lehman Brothers looks like it may fail with a huge stock market crash (stocks going to zero) maybe around January 15, 2020. The parallels between Lehman Brothers and Deutsche Bank declines are alarming. Deutsche Bank is dead. It is limping along and hoping to somehow fix itself, but it will not get the chance.








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Elite Institutions Hoard Wealth While Cities Die Around Them


A movement to tax non-profits in a city mired in poverty has hit an obstacle: The richest institutions claim they already pay enough.














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Negative Interest Rates will Kill The Dollar






Negative interest rates will make Wall Street billionaires even richer, allowing them to continue buying up America by devaluing earned income. Americans are dealing with a banker-manipulated "medium of exchange." Negative interest rates are confiscatory. The Globalists are not draining the swamp, and they are swamping the land. If you want an example in the extreme, try Weimar Germany when the vultures flew in and bought up the country — paper money in exchange for everything that was Germany. The term "negative interest rate" is just another polite term for oligarchical confiscation. The central banks of the world, BIS, work in concert. If you want an example of what negative interest rates in the extreme will do, try "New World Order." The last of all, "historical data." Welcome to The Atlantis Report. Christine Lagarde said back in August that the European Central Bank still had room to cut rates if needed. However, she added that this could pose a challenge to financial stability in Europe. More and more banks are passing on the negative interest rates to depositors, and this is undermining the elderly and pensions. From a broader view, this policy of negative interest rates has weakened the euro even as a reserve currency. Nobody wants it in their books. It is like it has the plague. I cannot express how dangerous this policy of negative interest rates has been. It has been the cure to eliminate the euro as a reserve currency. If the US wants to kill the dollar, just adopt negative interest rates and watch how it plummets. I believe you may see Lagarde try to unravel this mess created by Draghi. The most recent adventure in lowering rates is going to cause another housing crisis in the entry-level market. As the rates dropped, idiots are bidding up the entry-level homes way beyond what they are worth, and thus actually increasing their monthly payments, down payments, taxes, and PMI. Prices have jumped 10% before they are being bid up, mortgages are being written at 6 times income, and the appraisers are ignoring home conditions and houses with basements when pulling "comparables." Everyone is ignoring significant problems with these houses, such as roofs that need to be replaced, old HVAC systems, PVC plumbing, and crumbling siding that the buyers will not have the money to fix. I told a guy in the building business that I had never seen it like this before. He said that he had in 2006. Fiat digital US Dollar is created at virtually zero cost on computers, so why should there be any scarcity cost (interest) attached to that? This takes no real work, and almost nothing is actually done. The money supply is created by new lending, and if new credit seems excessive, interest rates are increased. If new loan is no adequate in volume, interest rates are lowered. If needed, the interest rate can go to zero then below to stimulate more private sector credit creation. If more spending is desired, the rates paid on savings accounts are reduced until some of those savings are disgorged into the marketplace to circulate. Deposits are not really required to lend money into existence, and they could actually be abolished as such accounts are really a cost to the business that accepts the deposits, and the USG instructs the Banks that they must accept deposits, so they do. All the money they lend is created out of thin air, and the reserve requirement could be reduced to zero. When the banks get into trouble on paper as in 2008-09, the Fed supplies them with fresh reserves also created out of thin air. The Central banks coordinate credit growth, so whether it's the greenback or something new, I doubt it will curb 244 Trillion in debt plus a mysterious 500 Trillion in derivatives. It's all absorbed or moved around eventually, so for those who hate globalism; I'm afraid that setup has been around for two decades. The only way to realign the concept of value is to bring back lender regulation, which now would taper credit growth gradually over a decade. They had that opportunity after two rounds of QE, but currently the options are limited to trade politics leading to conflict between trading blocs. Not a good plan and a very inefficient method to run a global economy. The impression I get after 20 years of study is this elephant is running wild in the streets. They have lost control and can no longer provide a solution that is manageable politically. Central banks are backed into a corner waiting for Jesus to come to the rescue. That debt can never be reclaimed anyway. Its funny money and everyone knows it; but if the dollar collapses so does that debt, the banks power and the fed . So they have no choice but to keep on printing ;keep on propping it up and keep trying to convince people its worth more than the paper its printed on . Even if in the bottom of our hearts we know its not. Its continued existence is based solely on ever diminishing faith and peoples fear of the unknown . Its a death spiral from a great height that threatens not only the dollar but fiat currencies in general. The Central banks are trapped. Negative rates coupled with QE raise questions about central banks' exit potentially becoming more difficult in the future and increase the risk of a policy error as well as perceptions about debt monetization. It potentially creates bond bubbles by lowering bond yields below their equilibrium or fair value, creating fears that an eventual return to normality could be accompanied by sharp price declines. Perceptions about bond bubbles can increase long term uncertainty. In turn, higher risk might prevent economic agents such as businesses from spending. We have reached debt saturation, the growth limit wall, the end of Fiat! Money renters simply can no longer loan you money and expect to be paid with money that never existed! Case in point, wages in the West haven't really increased since we left the Gold Standard. As a result, we really haven't been able to save or consume, only add more debt or bring women into the workforce, not sound! Central Bank controlled governments, have allowed themselves to give us free until the cows come home, all the while this has caused the working man's labor to be reduced with higher taxes, inflation, lower pay through unchecked immigration, and Chinese manufacturing! Look if that banks crashed today, the credit economy will take a hit! Somewhere there has to be an equilibrium. In Russia, it's seven-point five percent -7.5% - so then, it's not the world going negative, seeing as Russia is healthily positive. So, why can't the "advanced" west be positive? Well, my friends, it's something to do with debt, gargantuan debt to be precise. So what's the difference between debt and gargantuan debt? Well, with debt, you produce to reduce and eventually liquidate it. But with gargantuan debt, you gotta keep adding to the debt just to make it to the next payment, like living paycheck to paycheck on loans. The problem for the US is that the paycheck is reducing in size, while the debt is increasing. But worse than that, is that the debt is utilized for consumption rather than production, which compounds the problem, and how do? Because the US is consuming, rather than accumulating capital. But it gets worse. Folks have forgotten what their forbears fearfully understood that, without providential grace, all the efforts of man are like dust in the wind, unproductive. They knew this so we'll, their every effort was commenced with beseeching providential grace . Because they understood perfectly well, that wisdom and humility were required, first, to acknowledge human weakness and limitations, and second, to be guided in their endeavors . Because they were very well versed in the tales of the ancients about the consequences of hubris and arrogant pride. Central Banks can't go much further with Negative Interest Rate. They will instead pivot to Helicopter Money, MMT, and buying stocks and real estate. Inflation, super-high taxation and an even more obvious increase in wealth disparity will cause average people to finally understand that central banking and fiat money are asset-striping operations for the deep state and .01%. Governments in the West will have to become much more draconian and fascist to avoid protests and opposition. The media will get worse with their propaganda, not better. At some point, it will send with total collapse and lack of confidence in fiat currencies altogether For the Fed and the Banksters who own the Fed and the Federal Government; It was never ever about some "inflation target" or "full employment mandate." Those were simple Smoke Screens. For Simpletons. The Banksters just wanted to suppress the end of the business cycle long enough for them to acquire enough gold before the Shit hits the fan. They just didn't want a repeat of Last Time when they got caught with Their Pants Down And Jumped Out Of Windows. Only Lehman and Bear Stearns got to do that. Plain and Simple. When will people ever wake up to the fact that a debt-based monetary system is a danger to civilization? If you rely on creating money primarily through debt creation, there then exists a situation in which growth is not just desired, but required, and if you don't grow revenues enough to cover the interest on that debt, you are in deep trouble. Debt-based money creation also fuels the property and financial markets bubbles, since most created money goes into property and market investments and misses the real economy almost totally. Somehow the banks have convinced people that the best way to create money is to let them manage it. Nothing could be further from the truth! Anyone relying on 20% rate credit cards to live day to day is screwed. Anyone looking to retire soon with a strong IRA/401K needs to do a lot of research into spending it wisely since you can't make anything on it in government bonds. Any pension funds relying on government bonds will be forced to go to Wall Street casino to make any returns to keep the cash flowing. Ma and Pa retiree better be debt-free and able to live on Social Security until it runs out; after that, it will be death panels at the first sign of illness or hangnail. Jesus' only recorded moment of anger in Scripture was when He made a whip of cords and beat overturned the moneylender's [bankers] tables in the city square. Scripture records Him, saying the LOVE of money is the root of all evil.















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This Is An Economic Collapse ! Stock Market Crash & Financial Crisis Begins! It Isn't Recession 2019











Stock market crash & economic collapse begins! This is an economic collapse, it is not normal. It will be very different than a “recession”. ‘Cause there ain’t no dang recovery! There is only a deadly collapse. From which we can’t get up. It will be that severe, yes. The last real recession was roughly two generations ago in 1981; younger generations have no experience of a profound recession, and perhaps older folks have forgotten the shock, angst and bitterness. Trump’s been setting-up the Fed to take the blame for the economic collapse. Now Trump is being set-up by ex-Fed Presidents to take the blame… On Friday, the market plunged on new Trump was going to increase tariffs on China. Then on Monday, the markets rallied on comments from President Trump that China was ready to talk. the President has learned that his comments will move markets. Given the shellacking of the markets on Friday, and what was looking to be a dismal open Monday morning, Trump’s comments to boost the markets weren’t surprising. What the market disregarded were the comments from China: The investors are concerned about a downside break which would likely lead to a retest of last December’s lows. S&P is on the verge of either bouncing the support or breaking the bottom and there have not been any positive short-term price signals so far ... UBS Turns Bearish On Stocks For First Time Since Financial Crisis Tech Stocks’ Sell-off The bond market is signaling a collapse and will continue to do so until the Fed loses control. And right after that, a depression. Can the American Economy Be Resurrected? European and Asian economic data is deteriorating. Does anyone really think The Everything Bubble can just keep inflating forever? Surely nobody’s that deluded How to Protect Yourself From the Next Financial Crisis?









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Why are Japan and Korea in a trade war?







Amid an escalating trade dispute between Japan and Korea, many people are asking why the two Asian powerhouses are fighting. CNBC’s Grace Shao explains the reasons behind the feud and how it affects you.











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Watch MIT engineers test a squad of mini robotic cheetahs








The school's Mini Cheetah robot was first unveiled earlier in 2019. It was the first four-legged robot to complete a backflip. The Mini Cheetah weighs about 20 pounds, and it can cover rough terrain faster than the average human MIT's Biomimetic Robotics Lab developed the Mini Cheetah as a smaller version of the Cheetah 3 robot.






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The Markets will Come Crashing Down because The Great Manipulation won't work Indefinitely










This system has been tried many times. What is different this time is that most of the money is tied up in a casino where no one admits who the losers are. So we wait until there are 50% losers, and then the unavailing will commence. The casino owners never lose. You might wanna invest your money in an undervalued asset, which is anything but the stock market and real estate. Welcome to The Atlantis Report. From president to president, the fraud continues in the form of printing trillions of counterfeit dollars, but this fraud must come to an end. And usually, when the stock market hit the stratosphere signal the end is near. However, Trump believed he is the cause of the market going so high, and he will have to take also the credit for the crash even though he had nothing to do with it . He was the patsy that happens to be at the printing press visiting when the raid occurred. It would be wise to remember we are in uncharted waters, and this market could reverse on a dime. We should not discount the idea that those in charge might reach a tipping point where they crash the financial system to make a great deal of money. While this may seem outlandish, the possibility is real. This doesn't mean that every rich guy and gal would sign on to this plan, just enough to push things over the edge. When things have gone too far in one direction, history shows that a correction always takes place. There is an interconnections of Capital markets. Usually, when one segment of the market gets weak—say, local government budgets or consumer debt—that weakness can be propped up for a time from strength in other sectors. Like corporate financial strength or a debt-free federal government. The different areas can provide some “give” to prop up that weakness for a while. But what happens when many sectors experience significant weakening at the same time? Where will the help come from next? Mainly when the deep pockets like the US Treasury and the Federal Reserve Bank have shot all their ”silver bullets.” That is the predicament we are in today. without recourse and with mountains of debt in all sectors. This is a severe and scary time as the debt bubble implodes. Both Rob Kirby and Ellen Brown are now warning that the USA cannot have negative rates because of $500 trillion of interest rate derivatives! Global debt equals $250 trillion, with Global assets equals $360 trillion. Global derivatives equal $1500 trillion, and they get paid out first. These stupendous figures just glaze the eyes of even educated people, and they have no idea of the potential calamity at hand. The lunatics are in charge of the asylum. We are already a socialist state supported by deficit spending, money printing, and the world’s reserve currency, and there is no way out of it now. Until we have mortgaged America to the hilt and borrowed and spend every last penny, the game will not change ; but when it does ; cataclysmic suffering, US civil war and ultimately World war. The 100 million socialism has already killed will look like an average week in the future. Bottom line – the world’s population is outgrowing the productive capacity to support it, and perhaps in a very horrific way – socialism may actually bring about the cure. The 2009 crisis should have been allowed to play out rather than prolonging it while the big shots guarded themselves. Technically the collapse will still happen, but only the peons will suffer while the rich are safely in their bunkers and divested. All the nuances of fairness, equality, and freedom disappear when the rich are vulnerable. They bend the rules and place themselves above the law. Quantitative easing was, in essence, a ten year time out for the rich. Typically people have to play through the difficulty but not the oligarchs. We dodged that bullet when the Fed ended the fake liquidity crisis with the Repos. If the Fed did not step in, the S&P would be at least 20% down from the end of September, maybe 30%. The removal of liquidity for working capital loans would have caused many payrolls not to be paid, and many invoices to be set aside until they could be paid later. Instant layoffs and a recession by now - only 45 days later. The Globalists, Wall Street, and the ECB would have won by forcing the Fed into Quantitative Easing and Zero Interest Rates . which, by the way, does not and never has fixed any recession anywhere in the world - ever. Fortunately, they did a face plant. The Fed kicked their butts badly. Possibly on purpose, perhaps by accident as this is the first time they have applied economics correctly in my memory. Of course, they will try again, but not until next year. It will take a new plan and a new conspiracy to get the ball rolling. My personal guess is late Winter / Early Spring. The news media will be full of scare stories that tell a new fake narrative. I personally like Bloomberg for reading today's tale. The new plan will be exactly like the old plan in this one crucial respect. It will cause the removal of financial economy liquidity and real economy liquidity. The only way to crash the financial economy is to remove liquidity, forcing prices of assets to fall just to find buyers. If you remove working capital from the economy, you suffocate business almost immediately. Once business shrinks by having the bottom fall out, it takes a long time to rebuild. Stock values have been kept artificially high to make it look on paper as if future pensions are all well covered. But if stocks would today suddenly be valued only for their fair value (like they eventually will), it would become clear for everybody to see, there are no pensions for the next retiring generation. For long, all have been used for public spending, deep state, government, and pampering of boomers - who are the biggest voting group. You cannot print $4,500,000,000,000 to paper over a financial crisis and not expect a bigger one. My parents told me, "Money doesn't grow on trees" when I was growing up. Creating money out of thin air and saying it is wealth is the same thing. A lot of business leaders are not stupid and know the truth, as well. This global "slowdown" will lead to a global meltdown. The US market and its franchise markets around the world are so unstable that a slight decline could be catastrophic. Because of this, the markets are being propped up daily by massive monetary operations. Over $100 billion per night in short term repos . This money is being rolled over, not new money;PLUS over $60 billion in monthly Quantitative Easings ,this is newly printed money. Without this recent Fed market operation, the markets would have collapsed massively over the past 30 days. The dollar has crossed the Rubicon and is now in the hyperbolic stage ,hockey stick graph. I'm curious to see how they pull another rabbit out of their hat on this one. Maybe raid a few more countries and steal their oil and gold! They've amazed me so far. It looks like a lot of folks are going to find out they're not in the club after all when this balloon of a market propped up by the Fed finally starts to come down. As if cash is going to be the savior, like more, "not QE" is going to lessen the inflation. The banks are going to consume whatever's left, and they aren't going to make it easy for you to hide your wealth. Get ready for the final shakedown and stag/hyper-inflation if this runaway train keeps on. Just like Berkshire has surpassed Apple and Google as the world's most prominent corporate cash holder. In Q3, Berkshire reported a record cash pile of $128 billion. How is it that Berkshire or their like won't be bailed in while a grandma with 500 bucks to her name is. Won't it be like Cyprus where those with the most owed to them by the banking system get the most substantial haircut? Concerning the Pensions/401K/IRA, their collapse would bring about a powerful deflationary impulse. My guess is that the 'solution' would be some form of 'nationalization' that would be modeled along the lines of social security. Again haircuts would be progressive. Add to that inflation, and I'm guessing a +20 times reduction in the future purchasing power is what will happen. Those that saved wealth inside the system will have very little to show for it beyond their social security checks. I think the best way to preserve purchasing power and thus jump into the next monetary reality is to own/produce as much real stuff that you'll need to consume in the future and can store. After that, hold gold and silver to purchase things in the future, not comfortable or practical to store. Exchange real money for the new digital primarily domestic US dollar with interest rates back to positive margins over real inflation. We had a 20 times reduction in the purchasing power of debt, via the higher interest rates, and real price increases from about 1972 to 1982. Stock PEs came back into alignment with reality, as well. The world didn't end then either, but real wealth was revealed, and life went on. Many economy watchers concede the decade long "great manipulation" we have witnessed will not work indefinitely, and eventually markets will come crashing down around those in charge. With this in mind, it is easy to understand the allure of being one of those that will reap a fortune when it unravels. Years ago, President Eisenhower warned the American people about the Industrial Military Complex, but nobody warned us of an even more evil alliance that of the Financial-Political Complex. It would be wise to remember those at the top control the game and make the rules. In doing so, generous, they are not. There will undoubtedly be fireworks in 2020 with the election, and not to mention the HUGE pile of corporate debt which will be maturing in the next few years. Just because it hasn't hit doesn't mean the bullet isn't on its way. Only an idiot could look at the situation today and not see the end approaching. Greek debt is selling at a negative yield for heaven's sake. And there's only one way this can end. The only question is how long The Power That Be can drag it out before it breaks. In The Meantime, Get your Guns, Grub, and Gold. Bullets, Beans, Bandages, and Bullion.















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America's wilderness is for sale









The Trump administration has opened up America's public lands to mining and fossil fuel companies on an unprecedented scale, lifting decades-long protections from millions of acres of wilderness across the country. In Minnesota, one proposed copper mine is pitting neighbors against each other as they weigh the benefits of new mining jobs against the environmental consequences of a new mines. It’s an old American debate that’s been further complicated here by an unforgiving reality: We need copper, and there are not that many places to get it.









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Peter Schiff : : Rich Democrats Secretly Prefer Trump to Warren








The Peter Schiff Show Podcast - Episode 513 Recorded November 12, 2019 Why is Michael Bloomberg Actively Preparing to Enter the 2020 Presidential Race? I want to talk a little bit about Michael Bloomberg, entering the primary - and the reason that I think Michael Bloomberg is in. Bloomberg is now a Democrat, but he was a Republican. He served as mayor of New York as a Republican for 2 terms. Then, I think he served a third term as an independent. But he was a Republican and now he's a Democrat. The reality is, he is a very middle of the road guy. He's a liberal Republican or a conservative Democrat. But conservative Democrats have not place in the modern Democrat party. I think Bloomberg's motivation to throw his hat in the ring is the diminishing prospects of Joe Biden. Initially, everybody thought, "OK, Joe Biden's the guy." I think Michael Bloomberg was fine with a President Biden because it represented a continuation of the status quo and the status quo has been very good to Michael Bloomberg, do why wouldn't he want to continue that status quo? Socialists are Frankenstein's Monster Consuming the Democratic Party - But with the rise of Elizabeth Warren and Bernie Sanders and the increasing likelihood that Warren could actually be the next President, I think that scares the hell out of Mike Bloomberg and I think it also scares the hell out of Mike Bloomberg's rich friends who are also Democrats. This is an example of Frankenstein and the monster. Baron Von Frankenstein created a monster and then Frankenstein's monster turned on its creator. And I think that's what these limousine liberals have done with the Democrat party. They have created this monster and now the monster is about to consume them. Rich Democrats Would Rather Re-Elect Trump Than Support Warren or Sanders - I think what wealthy liberals are afraid to admit is, as much as they claim they don't like Donald Trump (and some of them don't like Donald Trump) they dislike Warren even more. A lot of these rich Democrats would rather see Trump re-elected than have Warren or Sanders elected. Now they don't want to come out and admit that, but they don't want to support a socialist. They're not that crazy - but they don't want the rest of the crazies in the Democratic party to know that.










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China & Russia about to release Gold-backed Crypto








After banning all cryptocurrencies, China is now ‘close’ to releasing its own digital coin. A gold-backed cryptocurrency . This could be “a catastrophic trapdoor opening underneath the US economy. China appears to be advancing efforts to issue a digital currency in the wake of Facebook’s own token, Libra. When China announces as a surprise its 20,000 tons of gold and a gold-backed cryptocurrency that “will kill the US dollar deader than a doornail, it will be a “Pearl Harbor-type event, and it’s coming in the next six to nine months" Max Keiser predicts. Welcome to The Atlantis Report. Russia, from its side, is maybe building a gold-backed cryptocurrency on the state level, that has the potential to disrupt the current global financial system. China may be on the same track. Russia is buying gold, and there is no denying or hiding this fact. In the past few decades, Russian gold reserves have more than doubled, and the demand from the Government is now exceeding the mining supply of the metal. China’s recent endorsement of blockchain technology meanwhile appeared to have an immediate positive impact on Bitcoin markets. Nonetheless, local media subsequently tempered the hype, advising citizens not to take the support as proof of a change of stance regarding cryptocurrency. Beijing outlawed cryptocurrency trading in September 2017, a situation which officially remains the same despite rumors that investors are using different on-ramps to gain access. China launching a digital counterpart of the yuan backed by gold puts Bitcoin (BTC) at a disadvantage, veteran gold bug Peter Schiff claims. In a tweet on Nov. 2, Schiff, notorious for his cynicism when it comes to Bitcoin, attempted to counter criticism of his stance by Keiser's report host, Max Keiser. "[China] is rolling out a cryptocurrency, a lot of the details have not been divulged. I can tell you that the cryptocurrency that China's rolling out will be backed by gold. It's a two-pronged announcement. Number one, China's got 20,000 tonnes of gold, number two, we're rolling out a crypto coin backed by gold, and the dollar is toast," Keiser told Kitco News. Keiser added that bitcoin is a superior form of currency to gold. "Both fiat money and gold are inferior to bitcoin for one straightforward reason, that with a bitcoin transaction, it is also simultaneously the settlement. You don't have that with fiat; you don't have that with gold," he said. A gold-backed cryptocurrency would start the beginning of the return to the gold standard. This would be a disaster for many in the G7, most notably the USA but also the UK. Remember when Gordon Brown sold off the UK stockpile of gold, claiming "it will never get higher than $350 per ounce"> The US will be “forced” to compete, creating gold-backed crypto in trade, that banks use to settle their trades. Meanwhile, the non-elite populations of both countries will continue to see the fiat they are using and getting paid in; it is plummeting in value. In the end, the banks will own an even higher proportion of the real goods and services than they do now, and only technological innovation will keep the lower classes unaware of how they are pitilessly plundered. Beijing has developed a framework called the Digital Currency Electronic Payment (DCEP), which would allow its central bank to issue a digital currency to commercial banks and third-party payment networks by Alipay and WeChat Pay. That’s according to Jack Lee, managing partner of HCM Capital, who told CNBC: “So, they already have all the system and the network ready. I think you will see it very soon, in the next maybe two to three months.” He noted that the launch could start as a trial and is not meant to replace physical money completely. HCM Capital has invested in a number of blockchain start-ups. It is backed by Foxconn Technology Group, one of the top 10 technology companies. China’s digital currency could push authorities around the world to decide on how they want to use and regulate such technology. If the governments now realize that this is now really actually happening, and the question and challenges that are implied in an e-currency are now real, I hope this will lend further momentum to decisions on a global basis. Chinese President Xi Jinping has recently called for higher levels of research and investment in blockchain. China must make a “greater effort” to develop and apply blockchain technologies and gain an “edge over other major countries,” he said. This will render SWIFT obsolete. Countries that use DCEP will no longer fear American sanctions. It marks a big step forward for the internationalization of Chinese yuan.











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Welcome to the 12 Nov. Trends Journal


Welcome to the 12 Nov. Trends Journal



















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

Top 5 Reasons Why People are Leaving California !








People have long dreamed of moving to California, but increasingly the people in the state are looking to get out. According to recently released data from the US Census, about 38,000 more people left California than entered it in 2018. This is the second straight year that migration to the state was negative, and it’s a trend that is speeding up. Every year since 2014, net migration has fallen. California’s income tax revenue, about 70% comes from the tax returns of about 150,000 multi-millionaires and billionaires, most of them in the entertainment and IT industries. If that’s correct, then the state’s government simply doesn’t have to care about what the middle and working-class think, and whether or not they leave the country, as long as they can keep those 150,000 elites on the side. So if California continues along this road, in a generation’s time, we will have a state consisting of tech billionaires and illegal immigrants making less than the minimum wage, and almost no-one in between. As far as I can see, the people in power have no desire or incentive to prevent this from happening. As the middle class (excepting those who work for the government and other public sector institutions) tend to be conservative, then from the Democrats’ perspective, the more of them that leave the state, the better. Californians are also leaving in droves because of fires, taxes, and regulations. The demographics are illuminating. The middle and upper classes are fleeing, taking their capital and skills with them. The incoming are poor and unskilled. You can see where this trend will eventually lead. Welcome to The Atlantis Report. California, the fifth-largest economy in the world, has long been a magnet for many reasons: exploding economy, incredible beauty, air and weather, fantastic wildlife, countless places to visit, and things to do, friendly people, etc. In its heyday (before the ’90s), there was not a more beautiful or perfect place on earth to grow up. However, today, California suffers from a myriad of enormous problems which seem to be getting worse every year, thus causing many people to move on to greener pastures. First and foremost, California suffers from a tremendous housing shortage and astronomical housing prices. Rentals start at about $4000 for a one or two-bedroom, and depending on where you live, and you will probably pay even more for a studio. To top that off, the Chinese are coming over in droves, and they outbid everyone, pay top dollar, no haggling. Not many people can compete with the unlimited cash the Chinese are willing to pay. The second issue is taxes. California residents pay more in overall taxes than just about any other state in the nation. That includes income tax. Third, the U.S., generally speaking, is a nanny “state.” Well, you can multiply that times 10 in California. It’s exhausting. Fourth, traffic. There is no public transportation in California (no, I don’t include BART as public transport- only people who have never experienced real public transport will say that) and traffic is horrendous. Fifteen years ago, it used to be that you could travel at certain times during the day or night and be assured of standard traffic patterns. Today that is no longer the issue. Traffic is bumper to bumper nearly all the time. You have to travel between maybe midnight and 3 AM to drive unimpeded in places such as the Bay Area, San Francisco, Los Angeles, etc. People who live on the outskirts of the Bay Area where housing is more affordable get up at 3–4 AM to face traffic and get to work by 8. That’s not a life. At least not one worth living. Fifth, the cost of living. Going out for dinner for two people without alcohol or starters will cost you about $100.00. That’s a familiar place in a typical town in the Bay Area, San Francisco, Los Angeles, etc. Prices, of course, are higher or lower depending on the restaurant or location. Sixth, yes, California has a lot of great places to go and things to do, but you will ; A. Payout the nose to do them. B. Deal with crowds and parking. C. Make an appointment and buy a ticket in advance (sometimes months) for many attractions ; and D. Face the traffic to get there. Seventh, there is a real water shortage problem. This is exacerbated by ridiculous water policies set by the myopic powers that be. For example, water for agriculture and residential areas are, in many cases, funneled away to water the vast amounts of golf courses throughout the state leaving residential areas and farmers penalized for “excess” water use. That means no greenery for homes (which have postage-stamp-sized yards) and fewer crop yields (or none) for farmers, or they pass down the cost to the consumer — thus giving the average shopper about 20 blueberries at a price $8.00, higher if you want organic. Eighth: crime; It’s a real issue. While I was visiting a friend in the Bay Area, there was a shooting across the street from his home. A week later, after talking to one of the reporters covering the issue, I found out that the house was being used as a bordello and a stopover for sex trafficking. This was in an affluent residential area, not the projects. She stated that it had become an epidemic throughout the state. I also got my car broken into while out to dinner in Palo Alto. Bastards took my favorite sneakers. Ninth, an exploding illegal immigration problem. The growing numbers of immigrants to California have put massive pressure on its already over-burdened resources, and the outrageous taxes people pay are reflective of that. Tenth, wildfires and earthquakes are a real concern. Not only to life and property but dealing with the everyday stress of these disasters makes for people who have constant jitters. Have you ever shaken a table with your knee for fun when you’re sitting down with some Californians? Or asked someone if they smell smoke? They’re all on constant semi-high alert. Especially the ones who lived through the serious quakes/wildfires in Los Angeles and the Bay Area/ San Francisco. It’s exhausting to be in that mental state all the time. The wildfires seem to come out of nowhere and move at lightning speed; try sleeping when you know fire could be surrounding your house while you sleep. I know many people who left the Bay Area after the ’89 quake. With months of aftershocks and delicate nerves, they just picked up and left. Same with the wildfires in southern California. Only not worth it to a lot of folks. The population's still growing steadily due to immigration and the national birth rate. We may have just hit 40 million. Lack of population size isn't exactly a problem. And domestic migration to California is still massive. Domestic out-migration has been happening for decades. This story's not new. The reasons behind this are where things get quite interesting. #1) 25 years ago, out-migration was mostly happening as a result of the cultural wars that California was fighting internally. Similar to what's currently happening at the national level, California had to make a conscious decision to move forward in being a multicultural, liberal state. It wasn't a pretty scene, but the result was definitive. Hence you had a large number of people leave the state for political reasons, and they made other countries such as Idaho more conservative as a result. These people have entirely left California behind: they think it's gone to hell, and are not interested in importing any of it where they are. Keep in mind that many of these people were only one generation removed from having migrated from the South, and California wasn't really a tribal home, to begin with. #2) Emigrants today are moving more for economic reasons, as the state's just damn expensive and competitive. This group mostly moves to settle down. They spent formative years in California, and generally speaking, believe in and still love the state. They’re bringing contemporary California with them where they move to: look at the recent election results in Nevada, Colorado, and Arizona. Californians are mostly moving to other cheaper Western states, like Texas, Arizona, Nevada, Oregon, Washington. According to an analysis from the Sacramento Bee. As housing in California continues to skyrocket in expense, it increasingly makes sense to leave. According to the real estate company Zillow, the average house in California has risen from about $300,000 in 2012 to about $550,000 in 2019. Those numbers have scared many families out of the state. Where are people coming from California? Mostly colder places, but also places with more diversity like Hawaii and Florida. Even though it seems California has a large economy, it also has a lot of debt. Some Californians, for some reason, seem to think increasing taxes will help the debt problem, but it just doesn’t work that way. Illegal immigration also burdens the economy and exacerbates the debt in the long run. It will worsen things if we have anymore moved towards universal health care policies here. Whenever examining places that nationalize industries (like Venezuela did), it only seems to worsen debt problems. California residents are taxed to death. Sure it certainly has a lot of beautiful things; it’s not all bad here, but: The air quality depends on where you are. If you’re somewhere like Los Angeles, from a distance away, you can see a transparent layer of smog hovering above. With everything so heavily taxed and expensive, it’s hard to live here. There’s a growing number of homeless and unemployment because of lack of housing, and you’re likely to need at least two jobs to sustain yourself (more people having multiple positions increases unemployment, that’s why unemployment increased after the ACA 2010). You can especially see this in places like LA and around San Francisco. It’d be nice to have more homeless shelters to help people get back on their feet, but getting back on your feet will only take you so far if you can’t afford things. Sure there are fun things to do, but that’s if you have the money to do them. It’s very unfriendly to business, so they don’t have much reason to stay and help with the debt. It’s way more beneficial to do business elsewhere. Some say weed could help the debt, but weed doesn’t exactly make people more productive and causes poor memory, plus it’s not like Colorado’s economy is booming (actually since 2014 crime has been rising in Colorado). A lot of people still think that continuously increasing the minimum wage will help everyone pay for the increasing expenses, but that doesn’t work that way either. The more businesses have to pay each individual; the higher retail prices must go to help pay those people; the money has to come from somewhere. Crime is going up, like in our Latino communities, too (including more drug dealers), etc. Increased illegal immigration hurts lower-income families/jobs. If you're rich here, the more money you make, the more gets taken through taxes, but if you’re poor (though poor is relative in U.S. terms) and work minimum wage you need two or more just to support yourself and/or a family, but that’s difficult when much of illegal immigration takes lower-income jobs. Fires are pretty big here. Most of them are caused by people being careless and/or dumb. The drought isn’t fun. Not a place you’d want to retire in. I know people who move out of California to retire because of those funds getting taxed, even if they loved living in California before. And here is a crucial detail about the domestic migration numbers that most official statistics miss : they ignore international migration. For example, a software engineer moves from India to Silicon Valley, works for three years, he takes a job in Texas. From a domestic migration standpoint, California has ‘lost’ one person. From a total population perspective, California has not lost anyone. A Guatemalan economic migrant comes to live with his cousin in East Los Angeles. After 14 months, he moves to Ohio to work in a restaurant. From a domestic migration standpoint, California has ‘lost’ one person. From a total population perspective, California has not lost anyone. This is important because California has two massive international gateways, each of which sees tens of thousands of legal and illegal international arrivals each year. Many of them do not stay in California forever. The bottom line is that California is the Center of the Universe on so many levels, and for so many reasons, I often wonder if these issues are purposely not adequately addressed for the sole purpose of keeping people out and getting people to leave. The state can only take so many people, after all. Regardless, due to the exponential population growth we face today and the inability of politicians and planners to come up with modern, valuable, and substantial solutions, I doubt we’ll ever see any improvements or solutions to the issues destroying this beautiful jewel of a state. That’s why people are leaving.
















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