Top 5 Things to do to Make Money in The Coming Recession !!







A famous quote attributed to Stanford economist Paul Romer is: “A crisis is a terrible thing to waste.” When the electricity goes out, candle sales go up. There's always a business opportunity in a recession. Money doesn't really disappear. People simply begin to save and/or allocate funds to pay off the debt, which created good economic days before the recession. Understanding this cycle will help you tap into the minds of consumers and how they think. Smart businessmen profit from recessions. The whole cycle between boom and bust is vitally essential to the business. You want to buy low and sell high. Warren Buffet - the smartest investor in the world- gave the advice to be greedy when others are fearful (during a recession) and fearful when others are greedy (in a boom) . So the smart businessman accumulates cash and borrowing power in a boom and buys heavily in a recession. Welcome to The Atlantis Report. During recessions, smart businessmen do things they cannot easily do in good times, e.g., they rebuild, restructure, acquire new assets or companies, and they prepare themselves well for the next boom. First of all, they anticipate recessions and are ready for them. This means they have hoarded cash and have become leaner so that they can survive on lower levels of revenue and profitability. In good times, the supply of money and labor supply can be tight. Employees have other employment options because there are plenty of jobs available in the job market. When a recession hits, employees realize that they are lucky to have a job, so they better hold on to it. Therefore employees are on their best behavior during recessions. Best time to restructure your business because there will be the least amount of resistance from your employees. Best time to rebuild things you want rebuilding because you have higher negotiating leverage over your vendors. Best time to borrow money because interest rates will likely to be low. Best time to acquire customers from failing competitors. Good time to buy office space in geographic areas you want to expand because real estate will be cheaper. The following expressions will save you a fortune and reduce your anxiety long-term, I will paraphrase: Wall Street has predicted 3 of the last 20 recessions and crashes. Put 1,000 economists in the room, and you will get 1,000 different answers. Market timing doesn’t work. Stay the course. This quote from Warren Buffett sums it up. "Stop trying to predict the direction of the stock market, the economy, interest rates, or elections." Welcome to The Atlantis Report. “It’s a recession when your neighbor loses his job; it’s a depression when you lose yours.” - Harry Truman (US President 1945-53), This quote from Truman, is just as relevant today. In a recession, companies typically look to cut costs any which way they can – training budgets are cut, working hours may be reduced, and when the outlook is really bleak, jobs are cut too. These are the top 5 things you need to do in order to prepare for the looming recession: #1. Invest every month, regardless of whether markets are going up or down, into stock and bond indexes. #2. Raise your bond indexes as you age. #3. Reinvest your dividends. #4. Never get too excited when markets rise or too depressed when they fall. #5. Take the financial media with a pinch of salt or switch It off entirely. Just look at Trump and Brexit. “Everybody” was so worried in 2016. Look at China and the trade war in 2018–2019. All the while, markets quietly hit new record highs, as they always do long-term. Fear is profitable for the media but not the average investor. The impact of a recession can last a lifetime. Recessions are likely to affect your income (at the very least, it will be much harder to push for a pay rise), but it can also have long term impacts on your income that can last a lifetime. The risk is unusually high for new entrants to the workforce since it is in the early years of your career that you typically see the most massive jumps in salary. Starting a new job during a recession is likely to involve some compromise – perhaps starting at a lower level than you are qualified for or starting work in a completely different industry. Once you leave the workforce, your skills naturally diminish over time, and you become less attractive to future employers. And so it is vital that you continue to build your skills up. This applies whatever your age, fresh out of university, or after spending many years at work. Develop your skills, whatever the outlook is for the economy. When you are employed, take advantage of as much training that your company offers as possible. If you ever get made redundant, gaining access to these resources will be much more difficult and may come at a cost. Whether a recession is looming on the horizon or not, you should always be looking to improve and develop your skills. Of course, it looks great on your resume, but it can also open your eyes up to new opportunities in other industries or other occupations that are less prone to being cut during a recession. In order to avoid the risk that your long term earning potential is hit, it is imperative that you build your skills. For someone close to finishing university, a sensible option (should a recession be imminent) might be to defer entering your career for a couple of years and do some further education. Career risk management. The decision to work for a start-up, an established large company, or, indeed, the other government depends on your career objectives, but it also depends on your risk preference. For example, early in your career, it may pay off to risk working for a start-up with significant upside potential, but being aware that a recession may also hit it hard. At the other end of the scale, working for the government and the public sector can often (but not always) be the most recessionary proof place to work since job cuts are typically far less likely. A recession can also throw up career opportunities. If you can position yourself ahead of the competition, a recession can be the perfect time to jump ship to a new or rapidly expanding industry. This may require moving to a different part of the country you live in, or to a different country entirely. A recession can also be the best time to start your own business. Everything that you need to start a business tends to be cheaper during a downturn ; labor, rent, equipment, materials, credit, etc. A recession start-up will also have less competition and more negotiating power. What about your investments? For investors, opportunities exist across the business cycle. It is often at inflection points in business cycles that tremendous asymmetrical investment opportunities present themselves, i.e., where the odds are in your favor. It’s more important than ever to know where we are in the business cycle. But how should you invest with this knowledge? Let's look at some of the things you should think about when it comes to investment across the business cycle. Inflation protection. Recession is inflations half-sister, Buy gold. All currency is considered "fiat" . Fiat money is a currency without intrinsic value that has been established as money, through regulations. All printed money regulated by governments falls under this definition. Gold, on the other hand, is a real currency. Fiat currency is subject to inflation. Gold is not. For example, back in the day, you could buy a chariot, horses, and a driver for let's say 20 gold pieces. Back in the day, you could also buy, Let's say a Ford model T for 20 gold pieces. Today, you can buy a family car for 20 gold pieces. The power of what gold can buy does not really change; the same example for the family car can also be used for toilet paper or any other purchased goods or service. Gold is the only stable currency. Gold bullion is not considered currency and is usually subject to special care and sometimes assay. Minted gold coins qualify as currency. Both have lasting value. However, bullion has to be sold to convert to fiat currency or fiat credit, whereas coins can be used to buy goods without converting to cash. Only purchase Eagles, Maple Leafs, or Krugerrands. Equities have traditionally been viewed as an inflation hedge asset class since a company’s revenues and earnings should also rise with inflation. From a long-term perspective, equities may, therefore, be considered an inflation hedge. However, this doesn’t always hold over shorter periods of time. Since equities can be thought of as a discounted stream of future cash flows, higher inflation means that the discount rate applied to those cash flows rises, which lowers their current value. Higher interest rates also increase the cost of capital to corporations, and higher inflation means that earnings may be overstated since they depreciate historical cost rather than the replacement cost of assets. To understand how to guard against it, investors first need to be aware of the difference between expected and unexpected inflation. Expected inflation is essentially the market’s consensus view on the future path of inflation. Since financial markets are forward-looking, they presumably incorporate this view into current asset prices. In contrast, inflation risk relates to unexpected inflation. Based on the period 1973 to 2012, periods of high but unexpected inflation have resulted in losses for stocks (versus holding cash). Commodities and gold, in particular, have been much more effective in protecting wealth. Defensive position. If you anticipate that a recession could be closer and perhaps more profound than other people in the market think; then there are various ways you can reduce your risk exposure – both across equities and to different asset classes. Being defensive may involve moving some of your investments to companies and sectors that have traditionally done relatively well during recessions. These non-cyclical sectors tend to be in demand whatever the state of the economy. Examples include utilities (for example, water and energy companies) and consumer staples (tobacco and beer consumption tends to change little during the economic cycle). Another option might be to move some of your wealth into cash. The advantage is that you are then able to react to opportunities - a market crash, for example. But remember, there is an opportunity cost in every decision you make. Moving all of your money to cash means you are not going to be able to capture any upside in the market, and that’s where the next important point comes into play. Focus on the long- term. Your investment horizon is one of the most important things. Are you investing for retirement or something else. When will you need to access some or all of your capital. With these questions in mind, it may not make sense in trying to time the top of the market if what matters is the value of your portfolio in 20 years. In fact, a drop in the stock market should be viewed as a gift – a chance to pick up assets on the cheap. Perhaps the best advice comes from the investor Warren Buffet: “Be careful when others are greedy and greedy when others are fearful.” This means reducing your risk exposure when everyone thinks the economy can only get better and increasing your risk exposure when everyone says it can only get worse. It also means , that you should not come under the influence of emotions and make any impulse decisions, for example selling your stocks if they take a dip. The economic trends are circular, every period of prosperity is always followed by a briefer period of consolidation or recession, and that every recession is followed by an extended period of economic growth. This has been true throughout history, and there’s no reason to think this won’t carry forward into the future. It is the nature of people that creates these booms and busts, and until the nature of humanity changes, the economic cycle is something you can bet on. This Was The Atlantis Report. Please Like. Share. And Subscribe. Thank You.







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

Retirement Crisis Looming -- IRA, 401K, Pensions, Social Security, Demographic Time Bomb !!








Social Security is 14 years short of insolvency; pensions are largely underfunded and in sharp decline, and personal savings are at historic lows. We predict a national crisis in public sector pensions within the next decade that will leave state and local governments bankrupt and taxpayers on the hook for trillions of dollars. The pension crisis is the most significant single theme of our generation. Welcome to The Atlantis Report. Social Security is expected to be insolvent in 2033. In 1950, there were 16.5 workers for every Social Security beneficiary. Today, there are less than three workers paying in for each recipient. Company-sponsored pensions have been in rapid decrease since the 1980s. Today, less than one out of every five private-sector employees has a pension. As a group, American workers are evaluated to be $6.6 TRILLION short of what they need to retire comfortably. 10,000 Baby boomers are reaching “retirement age” every day. Forty percent of Baby boomers anticipate to work “until they drop.” Demographics are the biggest story of our time. And it's all about the story of the baby boomer generation. This was the largest generation of people the world had ever known in the wealthiest countries and across the globe. Now, that generation drove all of the macroeconomic forces that we come to recognize as usual. When they first came into the labor force back in the 1970s when they 20 or so years old, what they did was they bid up the demand for goods. Because if you think about it, a record number of people came in to buy their first suits, their first house, their first car, their first table, their first chair. Everything was new. That demand created a tremendous problem for the world to address, and it created the inflationary environment of the '80s. Yes, there were monetary grounds behind that, as well. But really, a lot of it was driven by demographics. Now, as that generation moved through their lifetimes, they had a particular set of behavior patterns that impacted the financial world first and foremost. The main one is the fact that after the Second World War, that young generation decided they didn't want to be their parents, as nearly everybody does. And they said, we don't want to be austere. Their parents had lived through two world wars. What they wanted to do was spend. They wanted to be free of the shackles of the things that their parents had had in the past. So what happened was Wall Street, being smart as ever, came up with this genius idea. It was the pension plan. Now, pension plans had existed for a long time before. But really, this is where the pension plan became everything. Wall Street fed them a story. The story was simple. You don't need to save as much money as your parents. You don't need to spend or save 20% of your income. What you need to do is give it to us. We're the smart guys, and we'll turn into more money. And that means you'll have more money to spend. So that started the most significant stock market boom in all of recorded history. Now, the other thing that happened is as consumption became a more substantial part of the economy-- and that was driven by government policy as well-- as the baby boomers were offered another piece of magic from Wall Street. They were provided credit. So in the '80s, Ronald Reagan and Margaret Thatcher basically allowed credit to be available to everybody. So suddenly, the credit boom took off. So there we have two monetary booms happening at the same time. The baby boomers have stopped saving, have given a little bit of money from their 401(k)s to Wall Street that starts accumulating quickly. Their income has also then gone into credit, the servicing of credit to buy more and more goods. That trend continued for a long time. The trend of consumption within the US economy continues to this day. It's massively outsized because of this credit boom. That meant that Wall Street became outsized too. It was taking the money from the pension system, and investing that-- or speculating with it-- and also making money from the credit side. Now, that all ended in a complete blow-up that happened in 2008. But why did 2000 happen? Well, interestingly enough, that's when the first baby boomers started retiring. When they began retiring, suddenly there were some sellers of stocks. Before that, everybody had been buying stocks every single month in their 401(k). Buying-the-dip mentality became the key thing for the world. But the problem is now we're facing the demographic time bomb. You see, the returns in financial markets weren't quite as good as the snake oil salesman on Wall Street told everybody. And that was a problem. It's kind of like a Ponzi scheme. The first people to get out made all the returns. The last people to get out get nothing. And that's the real issue. The real question is all of this is coming to a head because everybody is about to retire. Currently, we're retiring at about 3.9 million in America alone, baby boomers. And it goes up in a straight line all the way through to 2027. What we've got is more and more people, every year, retiring. That is an extraordinary state of affairs, because retirees have a different behavior pattern than the average person. The average retirement age is currently around 64 in America. And this year, the average baby boomer is 64. It's telling us the average person is destined to retire this year. But the real question is here is who can afford to retire. You see, if we look at the retirement age of Americans, the actual retirement age is going up. And those who haven't retired, they're deciding that they're going to have to work longer too. You see, the real issue here is that people can't afford to retire. So they have to extend retirement-- either expected or current retirement dates-- out into the future. It's this problem of not being able to afford retirement that is creating the problems we've got today. The other way you can look at this is when we look at the labor force participation rate of the people above 65 years old. Oddly, the 65-year-olds have been coming back into the labor force at a record rate. They're competing for jobs with millennials and others. This is an odd state of affairs. And, again, it is driven by the issue of these baby boomers having far too much debt to retire and not enough savings. The US average pension benefits are $23,000 a year. But there's a bit of an issue because disposable income per capita is $44,000 a year. Now, the ideal retirement income that these people want obviously matches their disposable income, which is about $44,000 to $45,000 a year. But really, when you impute from their savings, what they really get is another $9,000. So their total benefits are about $31,000 versus their needs of about $45,000. This is a huge problem. There's a 30% shortfall in their savings. And that has to come out of consumption. Almost half of the American workers have less than $10,000 in savings. Americans who make it to age 65 today can expect to live roughly 18 years more. That’s six years longer than Americans who made it to age 65 in 1940. Working Americans are, as a matter of fact, “going backward” – the first time since Social Security was passed in the throes of the Great Depression. Most Americans who were middle class when they were working all their lives are going to be poor or near-poor retirees. We’re going to have gigantic descending mobility. That you’re a middle class all your life, and you now find yourself to be really in a chronic state of want and distress about finances. And it gets worse as you get older. And Social Security – what was meant to be a backstop to keep people from falling into poverty in old age – is on the edge insolvency by 2033, according to the program’s own administrators. Social Security is not only bankrupt, but it’s also bankrupting future generations, says Laurence Kotlikoff, author of The Clash of Generations and a professor of economics at Boston University. “We’re not measuring what we’re doing to our kids. We’re not talking about who’s going to pay for a different generation’s benefits,” Kotlikoff says. “Most Americans who were middle class when they were working all their lives are going to be poor or near-poor retirees. Too many people are just not saving enough. The problem is these people are benefiting from one of the most significant shifts the world has ever seen-- life expectancy. Life expectancy, although it dropped a couple of years running recently in the US, is rising. So life expectancy in America, and across the world, is in an exponential trend higher. It is going higher and higher every single year. Obviously, the last couple of years were the opiate epidemic saw a bit of a pullback. But generally, the average American doesn't know how long they're going to live for. It's going to be longer than they thought. You see, not knowing how long you're going to live for changes your behavior pattern. It means that you start pushing out your retirement date because you don't have enough money to retire. Because if you've moved your life expectancy in five years, well then you need a lot more money. In a low-interest-rate environment, it becomes almost impossible to generate the income, so you're drawing down on capital very, very rapidly. After 2000 and 2008, the world hasn't generated enough returns. So what they've done is taken the most amount of risk possible. Typically, if you're about to retire, you should be increasing your fixed income allocation to guarantee your future retirement income. However, behaviorally speaking, if you don't have a high enough income to retire on, you have a kind of shit-or- bust scenario. What you have to do is take that risk. That risk, for American, is buying real estate, and they did that in droves back in the 2000s. Now, they got burned in that, and they don't have much net worth left in that any longer. So the real driver of net worth has been the equity market. The equity market is the only driver of net worth going forwards, and this has meant that people have doubled up their bets and tripled up their bets. They have this bet directly inequities, and they have this bet in their pension plans. The pension plans themselves have record holding of equities versus fixed income. They also have record risk in terms of credit. Private equity, venture capital, hedge funds, they all have equity-like returns. They're risk-seeking investments. And they're doing this because nobody can fund their retirement. It's the same story at government level. It's the same story at defined benefit pension level. And it's the same story for households and their 401(k)s. Corporate pension plans, they're all the same. Nobody has enough money to fund retirements. So everybody is taking the maximum risk. Now, in a rising equity market, this kind of makes sense. You're clawing back some of the ability to retire. But if things change, the picture gets a little bit worse. You see, the one bet people are making is they're actually putting the maximum allocation in all of recorded history, across the entire system, into risk-seeking, equity-like assets when equity valuations are off the charts. When we look at the chart of the median price revenue of the S&P 500, we can see it's at all times, ridiculous, record highs. We have an extraordinarily overvalued market. Now what's the worst thing about this is that there is a record over the weight of equities. Nobody has owned this many equities or equity-like instruments-- risk-seeking instruments-- ever before when the valuation is so high. That is a dangerous setup. The real problem here is it's all about the business cycle. The business cycle, as you know, ebbs and flows. It's relatively predictable-- within some boundaries. But what happens is a peaking, the booming economy eventually gives way to a recession. And they come along periodically-- every 4 to 8 years. Now what's interesting about this expansion is this is the second-equal, longest expansion in all economic history. And by next month or the month after, this will be the second-longest outright. So what that tells you is there is a probability that this expansion has to end at some point. Could it roll on for another couple of years, 2 or 3 years? Of course, it could. Could this end up being the longest ever expansion? Of course, it can. The point being is the clock is ticking, and it's moving towards the next recession. There are a lot of reasons why we have a retirement crisis, from artificially repressed interest rates to an over-reliance on government pensions. The real problem is much more fundamental: The basic idea behind government provided pensions is what makes it unstable: You don't pay taxes for YOUR retirement. You pay taxes for SOMEONE who is in retirement right now! Instead of investing in real assets that contribute to the capital stock over the decades, we transfer wealth and hope the demographics will work out. This is beyond foolish. It worked out great when it started out when the population had few old people, and everyone had kids. Today; Not so much. We could be incredibly rich today, with a far more productive economy, and the size of the next generations would be far less critical. Time to master the art of minimalism before it is too late. Do what you have to in order to put aside as close to 100% of you or your spouse's yearly income while you have the financial portion of parental responsibility. Plan to retire under the minimalism you will have accustomed yourself to and reaping the rewards of putting away for earlier retirement. That is the simple route which only you or the unforeseen can frustrate. Pay for everything in cash. Buy used if you have to. You can always upgrade when your ship comes in. Don't totally trust anyone else with your money. Check and double-check everything. Buy land. Plant a garden. Learn to cook from scratch. Learn to sew, make things yourself, repair, and maintain things. Set it up to live off-grid in case you need it. Protect your health in case you need to work longer. Live within your means. Learn to barter. The Amish have it figured out. They insure themselves, and they don't rely on the government for anything. They help each other out. They can do most things for themselves. There is no such thing as retirement anymore... corporations, banks, and politicians steal all the money and keep you working until you die. No one will ever do anything about it, so... enjoy slavery! Lessons learned: #1) you won’t be young forever. #2) live within your means. #3) save at least 15% of your income starting at age 25. #4) don’t go into debt, and if you made that mistake, pay it off. #5) pay off your house. #6) retire well. This Was The Atlantis Report. Please Like. Share. And Subscribe. Thank You.









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

Repo madness hits Wall Street



CNBC's Steve Liesman looks at the Fed's balance sheet and parses the 'repo madness' that's hit Wall Street.
















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

You Will Wish You Watched This! It's Actually Happening.


You Will Wish You Watched This! It's Actually Happening.







“Man will become so wise he will destroy himself.” Don’t forget the elites live , breathe, and roam in the same space, unless of course they plan on living on mars! Oh, but maybe they have a tin foil suit to wear, oops I forgot about that one ! And let’s not forget, after the nuclear war, cockroaches will still exist ! Never could figure out how to kill these creatures! YAH’S plans are still on track and all the plans of the enemy will fail ! Halleluyah!!!








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

Peter Schiff Warning : Markets are Always at All-time Highs before They Crash









The American economy is based on the speculation in the share market . Have we built a new road ; a new rail ; A High speed rail ; a new hospital ; a new university ? NO!!! Just garbage to show for the next generation. Wars and disasters that the US forced on other nations. 5.1 trillion dollars in corporate buybacks. The stock market is a bubble. The Debt is a bubble, and treasuries are going down the tubes. All-time highs in the stock market; nothing but a non-stop grind higher-low tax environment, low-interest rates, fed bond buyback binge, corporate buyback bonanza, earnings growth the list goes on. When things go south, the federal governments will PRINT MONEY, and then they will print more. Look at the Weimar Republic as one example, Venezuela, as another. We will see inflation, perhaps after a bit of deflation, but currency will quickly become worthless as inflation skyrockets. This is the perfect recipe for the next great depression.Venezuela, here we come. Markets are ALWAYS at all-time highs before the crash. Credit card debt and delinquency at the highest levels since 2008. Car loan delinquency at an all-time high. Commercial property bubble about to pop, empty properties everywhere, but let's just keep on partying like it's 1999. Either way, though, total global collapse is coming. I HOPE THOSE OF YOU THAT HAVE SOMETHING TO LOSE PREPARE ACCORDINGLY! Welcome to The Atlantis Report. Stocks closed out November on a high note with the hope of a trade deal fueling Wall Street. But is this warranted? And are consumers really doing a well as the mainstream would have us believe? Peter Schiff appeared on RT Boom Bust last week to talk about it. He said it’s all a house of cards and it’s going to come crashing down on American consumers. Peter started out the interview talking about Hong Kong. The territory became a focal point in trade talks between the US and China after President Trump signed the Hong Kong Human Rights and Democracy Act supporting pro-democracy protestors. Peter said US criticism is a bit hypocritical. If you look at the index of economic freedom that the Heritage Foundation puts out every year, Hong Kong ranks number one. Today, it’s the freest economy in the world. The United States ranks 12th on that list. So, I’m more concerned about the freedom of our own people. So, rather than worrying about the freest people in the world, how about if our leaders try to find a way to make Americans freer?” One of the Boom-Bust hosts pointed out that President Trump has said he is trying to broker a deal where America does much better than the Chinese. She asked how we can expect to get a deal done when the president doesn’t seem to be interested in a “fair” deal. Peter said pushing for an advantage is just the nature of negotiating. But he said he doesn’t really think Trump is trying to get a deal done. Trump just wants the stock market to go up. And as long as the stock market is going up, he couldn’t care less about a deal with China. Maybe if the stock market really started to tank, then he might feel some type of pressure to actually deliver an agreement. But as long as he can make the market go up by talking about the prospects of a deal, then that’s all Trump wants.” As far as the US stock markets go, Peter said there are a lot of things that should be causing them to go down, but only one thing causing them to go up — the Federal Reserve. For a while, people were worried about rate hikes. Nobody is concerned about rate hikes. The Fed has taken all rate hikes off the table. The Fed has made it clear that the only direction rates can go down. They’re either going to stay the same, or they’re going to go down. And QE4 is now on autopilot into perpetuity. So, that’s what the markets want. They know they’re never going to have another rate hike, and they’re going to have money printing as far as the eye can see, and so that’s what’s driving stocks. And I guess that’s going to continue to drive stocks until something causes that to change. And something is going to happen because the US is headed for a worse economic disaster than the one we had in 2008, and there’s no way this is good for stocks.” The Boom-Bust hosts pointed out that stocks are going up despite a continuing downtrend in earnings. Peter said that’s not the only factor markets are ignoring. He said in some ways, the bad news is good news because it keeps the Fed in play. Meanwhile, mainstream pundits keep telling us the US consumer has never been in better shape. Peter said the opposite is exact. The consumer is wholly levered up. He has record amounts of debt. And the only reason he can spend is that the Fed is keeping rates low enough so that credit continues to flow despite the lack of legitimate savings to finance it. So, this whole house of cards is going to come tumbling down, and the consumer is going to be right in the center of that.” Will consumers continue to spend during the upcoming holiday shopping season? As long as they can borrow it, they’ll spend it. The question is, can they pay it back.” Overall, Peter said he thinks holiday sales will likely be disappointing again. Brick and mortar retail companies are struggling, and we see high vacancy rates in the retail sector. A lot of Americans are doing everything they can to squeeze every penny out of the dollars they’re borrowing. So, they’re shopping online and looking for the best deal. And I guess that’s going to continue. But remember, a lot of the stuff we’re buying, and probably almost all of the things we’re buying is imported. We’re not making it. It’s made in other countries. So, we’re buying it on a national credit card as well as an individual credit card. So, whatever we spend just means more significant trade deficits, and that means the US economy is in an even more precarious position following holiday shopping than before.” The interview wrapped up with a discussion about the House of cards will tumble down on consumers. Poland repatriating its gold and the continued global central bank gold-buying spree. I think the central bankers are in a position to know a monetary crisis is imminent. That doesn’t mean it’s going to start tomorrow. Of course, it could. But whether it launches next month, or next year, or sometime in the next several years, they need to have gold. I mean, gold ownership is going to be vital to preserving confidence in your currency. And you have to back your money by something real, not by somebody else’s paper, and that’s gold. I think what Poland is doing is a trend that we see that it’s not just that you want to own gold, but you want to hold possession of your own gold. You don’t want to trust a third party with your gold.” Peter Schiff is always spot on , because he dearly cares about the United States. He cares and understands why we became a debtor nation in the mid-'80s, and he cares about the debt load, and it's future implications. We cannot control the stimulus and the debt-fueled growth in earnings and GDP. He is on record for criticizing Greenspan and Bush more so than anyone else in history while being a Republican. Consumer debt outside housing is up 1.5 Trillion since 2008, and he understands that. After the last financial crash, it should have been "game over" for the Fed... instead, it has been "game on" through the Obama and Trump years. The Fed is injecting so much money into the economy, and I wonder if this is the season where the economy will really be run into the ground. The way the economy is and the way it should be is very different. In terms of trade, the president doesn't have the authority to regulate commerce, which is a function of Congress (Article I Section 8 of the Constitution). So much for Donald Trump taking his oath of office seriously. Unfortunately, the U.S. government has a "do what I say" approach to foreign policy and routinely destabilizes governments that don't go along with its agenda. Free trade is based on volunteerism. It allows for greater possibilities and greater creativity than managed or fair trade. There are people that do want an upper hand in a trade deal. Most, however, would prefer deals that are "win-win" to create Real Prosperity. Ask yourself , why bankers can loan money they print at no cost to themselves ; and rake in trillions of interest payments on mortgage and car and credit card loans .While Grandmother’s hard-earned money for which she traded her labors and things salable cannot be loaned at market interest ; and is even no longer wanted by the banks. And ask yourself why Americans should continue to support a banking system whereby through the rise of stock buybacks and stock market manipulation courtesy of Wall Street and the Fed 77% of compensation for S&P CEOs comes from stock-based options and buybacks; making them the wealthiest class on earth? It’s time to not only ban stock buybacks. It’s 100 years past due to end the Fed. It certainly has ended America as “the land of opportunity.” While Middle-class workers/savers continue to get sodomized. The banks/institutions own 80% of many of these stocks, and the analysts work for them. So they report 1/2 the earnings as previous quarters, and a dozen analysts upgrade them and tell everyone to buy. We are in an earnings recession. If you're a bank or a day scalper, I guess you're happy. For everyone else, this is a bad deal. Stock buybacks have kept the market solvent. How many Americans have $1000 and less in the bank? Not many. Ask Gerald Celente. No one has money to spare. Households live from credit card to credit card. The consumer is stressed to the max. America can't afford another QE, but it is still getting one . That will definitely be its last QE. 2020 will be a scary year of uncertainty, if not a Depression. The economy is nothing but a giant fraud. Money is an extension of ownership. Ownership is an extension of theft — numbers, numbers everywhere, the false equivalency, the number of the beast. The Ruling Class in America is ready to pop the Bubble. They are ready. The Middleclass will be flattened in the next economic Downturn. QE is just another Get-Rich-Quick scheme for millionaires and billionaires that works perfectly. No late-night infomercials required ; just a printing press and a willingness to destroy working-class Americans forever. QE just makes the rich even richer, the working classes more destitute and the lazy poor more comfortable. The plan is easy. #1) Print money to buy the debts. #2) Dollar loses the value. #3) Replace the old dollar with NEW Dollar. #4) Dollar will not be in the FMI basket. #5) the US will become the third world. #6) this is all. #7) Game Over. Venezuela, here we come. This Was The Atlantis Report. Please Like. Share. And Subscribe. Thank You.











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The Coming Retirement Crisis Explained and Explored








In this hard-hitting Real Vision special, Raoul Pal presents the single most important financial topic of a generation — the Baby Boomer retirement crisis. He asks the hard questions: Can you afford to retire? How will the coming crisis impact your life? What risks are you unknowingly taking with your retirement? Moreover, will the insufficient retirement savings of the largest generation in history cripple the economy? Raoul also explores how savvy retirees might avoid — and even profit from — the threatening crisis. In addition, Raoul also offers a glimpse of a brighter future, in which smart millennials take control of their own financial destiny and side-step the crisis.










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Gerald Celente WARNING!! BANK RUNS COMING to America in 2020 !!!



Gerald Celente WARNING!! BANK RUNS COMING to America in 2020 !!!















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Peter Schiff : Trump Trade Talk Tanks Stocks










The Peter Schiff Show Podcast - Episode 517 Recorded December 3, 2019 What Phase One? When the Phase One trade deal was first announced, it was October 11, I think was the date. And before that date, nobody ever heard, "Phase One". It was always, "trade deal, trade deal". There was never any talk of Phase One. Then all of a sudden Trump comes out and says, "We've completed Phase One! The Phase One deal is done. We have concluded negotiations, we have come to a deal. We have this great Phase One deal; it's already done. It's in the bag. We've agreed to it in principle, all we need is the formalities of putting it on paper. We're going to have a big signing ceremony, and it's all going to be done." Oh, and by the way, Trump said, "This is the greatest deal ever for American farmers. They have never had a deal this great; go out and buy some more tractors; I don't even know if we can fill this order, it's so big - it's the biggest order in the history of agriculture!" It's a good thing farmers didn't go out and buy new equipment based on Trump's phony promises. Sending the Dow Up - Buy the Rumor! But in any event Marc Faber asked Wilbur Ross, "Do you regret this?" Do you think Trump should not have come out and said this?" And he said, "No, we don't regret it." Of course, why should he regret it? The Dow rose by 1600 points following that comment! That comment sparked all sorts of more comments; the deal is imminent any day, any week or they're going to sign it here... "Buy the rumor, buy the rumor, buy the rumor!" And they pushed the market. The Dow went through 28,000 on all that B.S. So why should Wilbur Ross regret that, when the comments worked? Bidding the Spoos Higher I said a long, time ago: "Trump is not talking to the Chinese. He's not negotiating, because if he was, he's the worst negotiator ever. He ought to read, "The Art of the Deal". What he is saying makes no sense, if you're trying to negotiate. The only way Trump's statements make any sense is if they're really designed to boost the stock market. He's not talking to the Chinese; he's talking to the algo's. He's talking to the traders. He's trying to bid the spoos higher.











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More & more Countries Repatriating their Gold and Ditching The Dollar








Hungary’s Gold Repatriation Adds To Growing Protest Against US Dollar Hegemony. Hungarian National Bankis set to repatriate 100,000 ounces gold from England. This is not an unusual move. In recent years we have seen the likes of Germany, Austria, Belgium, Venezuela, and the Netherlands each repatriate their gold from various locations. The pace does appear to have been picking up since Venezuela decided to repatriate its 180 tonnes of gold in 2011. Over the past few months, 100 tons, or some 8,000 gold bars, were secretly transported from the Bank of England’s vaults in London to Poland. Also Inspired by Polish example, Slovakia considers repatriating gold from the UK. Serbia, later on, joined Slovakia in this Sudden Eastern European Gold Repatriation trend. Countries across the globe are trying to shake off their dependence on the dollar by buying up the yellow metal. One example is Slovakia; it's now thinking about restoring its gold reserves from UK banks, something Poland did a week ago. Welcome to a new gold rush! It's a plot to disintegrate the US dollar. Counties are sick of giving the US their produce for nothing more than toilet paper in return. I can see the US government hiding in their deep tax paid underground military bases when the world hits the next coming catastrophe. Welcome to The Atlantis Report. It's a 21st-century gold rush. Countries around the world are looking to the precious metal to cure their dollar dependence. The main switches are China and Russia. But Eastern Europe is now joining in for its own reasons like many. Slovakia has its gold reserves in the UK, and now the former prime minister is trying to get it back. Days earlier, Poland recalled 100 tons of its gold reserves from the Bank of England, and the polish national bank was certainly happy about it. Other Eastern European countries like Hungary and Serbia began recalling their gold as early as last year. People in Eastern European nations are not as choked in propaganda as the Decadent West is. Likewise, they know how easy it is to be played for fools. Russia has some way to go for strengthening ties to many of these nations, but it is definitely not going the wrong direction. Interestingly enough, it seems like Macron is the first Western "leader" to see what is happening. It cannot be trusted, but it is interesting that France is somewhat breaking ranks with Merkel and the EU about NATO. Now, the mainstream media has covered this new gold rush, but what they'd probably like to avoid is admitting that it's getting pretty close to home. Take Germany; it just increased its own gold reserves for the first time in 21 years. The global tensions caused by economic sanctions and trade conflicts started by Washington have forced targeted countries to take a fresh look at a substitute payment system currently dominated by the US dollar. Russia, China, India, Japan, Turkey, Venezuela, and Iran have all made moves away from the dollar, including dumping their holdings of US debt and increasing their respective gold reserves. Why Europe, China, and Russia are accelerating the process of de-dollarization can be understood only if the meaning of the Iran deal is adequately understood. Iran is, above all, a specific example in what Washington can do to you if you expose yourself to the US dollar for better or for worse. Tehran would not, of course, be considered particularly US-friendly. But in order to participate in international trade, the Iranians had to rely on the US dollar and the SWIFT system, which handles international payments. SWIFT belongs to an international banking consortium and is even based in Belgium – within the EU. Nevertheless, the USA was able to build up enough pressure to exclude Iran from SWIFT. The United States is extensively using the dollar as a weapon. And with every transaction in dollars, one is forced to follow the American sanctions against Iran, even if the USA is not directly involved in a trade. For example, when it comes to oil exports to a European country. Europe, China, Russia, and many small countries set new initiatives every year to make themselves independent. And gold, too, plays a significant role in this slow pull away from the US dollar. But for the world financial system, none of their currencies offer a viable, fully-fledged alternative to the US dollar yet. China and Russia are buying European debt like crazy right now. They are also banking on that Europe will soon pivot eastward for large trade volumes. Many in Europe also expect this only because it makes economic sense and even from a security point of view. The EU has no intention to start a war with Russia, that is what the US and UK want. The US and UK are now quickly becoming less relevant. The list countries trying to rid themselves of the dollar should include Japan too. They are the second-largest holder of U.S. Treasuries. Japan has been quietly dumping U.S. Treasuries, although they still use the U.S. dollar in international trade. What hasn't been said, most other countries are simply not buying U.S. Treasuries either. And the Saudis have threatened to dump their holdings, to keep the U.S. in line with its 1973 agreement of supporting the Saudis militarily. But, the Saudis and the UAE are toying with the idea of using the Chinese Yuan in trade. At the last OPEC meeting , 9 out of the 14 member nations of OPEC were wanting to ditch the dollar. The Saudis were the major overriding holdout at that time. In 2016, Saudi Arabia became China’s top crude supplier, so it's very likely that China will get Saudi Arabia to trade oil Yuans in the near future, which would represent a severe blow to the petrodollar. The dollar was doomed when it was weaponized. Obama weaponized the Dollar Reserve with Sanctions on Russia. That triggered the crash of the commodities markets as the dollar soared. The dollar should not have been weaponized. A Dollar reserve must be apolitical. When Trump came along, he Sanctioned over 40% of the world population guaranteeing the demise of the dollar reserve. Obama Started it, and Trump will finish it. The US dollar reserve was always supposed to be neutral. Gold, for example, is neutral. If you have gold, you can trade it, but with US SANCTIONS, if you have Dollars, you may not be able to trade with the US and its poodles because Obama or Trump don't "like you." Maynard Keynes was afraid this would happen one day, so he proposed the Bancor as a composite currency for Trade, which was a basket of currencies rather than just the dollar. So now you have the WEAPONIZED DOLLAR. The weaponized Dollar is a National Security Risk for every nation that trades. Who knows when Trump will befriend you, and you will have sanctions against you. At present, Trump has sanctions on 30% of the World's population. His goal is to starve out the people as in the Hitler Stalingrad Siege. Thus De-Dollarization is the way countries can free themselves from the Tyranny of a weaponized dollar. Reserve Currency has always gone to the largest Trader. That is now China. Because the largest trader can dictate the currency of the contract, Australia now trades coal and Iron ore in Yuan. But the Yuan does not have the wide distribution that the dollar has. The dollar has been the primary reserve currency since 1945. Before that, it was the pound, the French and the Spanish. China is in the final stages of making a digital yuan. This has the capacity to convert any currencies into instant digital Yuan. It is unnecessary to print currency actually as the dollar reserve has done over the last 74 years. They can do it instantly. Other forms of payment, like Alipay or Paypal, are also digital exchange platforms. So converting in and out of dollars is quite easy. The Bitcoin is not a currency; it is akin to Traveler's checks, so its speculation makes it unsuitable as a currency. People will lose their money on that speculation. What do dollars offer? Confidential cash transactions. Money laundering and universal acceptance. The cons: they may be manipulated, stolen, and weaponized. The dollar weaponization has become a national security risk for all nations of the world. So its demise is assured. The seeds have been planted. Also, note the US reluctance to develop crypto. Why? They want to spy on all your transactions in the US and yet retain laundering capability outside the US. It is a weapon both against you in the US and to the world outside the US. There is now competition for the Dollar Reserve, and each year, the dollar weakens. The Euro could have replaced the dollar in about 1/3 of the world, but the EU is dependent on the US with NATO. This political entanglement prevents that. Then we have Petro giant Russia very interested in dumping the dollar, it can make exchanges in oil and now the Yuan. A Digital Yuan is a pegged digital currency, so its value will not fluctuate with currency movements. It can't be laundered. The globalist banksters have "weaponized" the petrodollar to the point that many countries are trying to get away from the dollar. It will take a while, perhaps years, but the dollar is DEAD. These banksters, who are supposed to be so smart, are actually stupid. They did it to themselves. The Petrodollar was created when we defaulted on the gold standard. America defaulted because of bankruptcy caused by the war machine. And now with the petrodollar, we've seen war after war for oil in an attempt to maintain the dollar monopoly. And we see the never-ending expansion of toxic waste do to the failed paradigm of oil infrastructure. The first electric car was built in 1835, 184 years ago. It's about monopoly. Monopoly. Planned obsolescence. Externalization of adverse effects and accountability. Internalization of reward monopoly of profit. The next major crisis will kill the dollar. There are two things that can throw the U.S. dollar immediately in the tank . #1. The massive debt that the U.S. has accumulated and the continued devaluation of the dollar by printing more money. No one wants to be hanging on to a currency that keeps losing its value or accepting the U.S. to pay off its debt in funny money. #2. If someone convinces OPEC not to back the dollar any longer, and see what happens over-night. It won't be any creeping loss of confidence, but rather, everyone will be lining up rapidly to dump the dollar or anything else with a stamp of made in the USA on it. The greenback has been very powerful for a very long time. But if countries continue to look for other reserve standards, it could mean the end for the Dollar's Golden Age.








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The Collapse of America : Cash out and Run . NOW !!










The Global financial distress is evident. The federal debt has increased by $1,3 Trillion in 12 months, according to data released by the U.S. Treasury. Today, the US government is nearly 23 trillion dollars in debt. Basically, we have been collectively enslaved, and we have been accountable to pay back all of that money with interest. By all means, at this stage, it is actually impossible for us ever to pay back all that debt. Not only that, but every year we even add another trillion dollars or so to the balance. The global elite is now retrieving more than 500 billion dollars in interest from this debt year on year, and it is anticipated that number will significantly heighten in the years ahead. Corporate debt is at record highs standing at $10 trillion. Our debt is setting records in every aspect of the economy and contends. If we include all other forms of corporate debt not listed on the stock exchanges, that brings the total to $15.5 trillion, which is equivalent to 74% of GDP. Eventually, all of this debt will never be paid off. Rather, the bubble will just keep inflating until it unavoidably bursts. And when it finally bursts, say hello to a total Meltdown. In Fact, any time the debt exceeds about 80% or more of the GDP of any part of local, regional, or global society, it cannot be fixed except by total bankruptcy and a reset. So it goes without saying that there is a complete financial breakdown coming, and the question is: what will the reset be like. Will it be catastrophic or even survivable. The Fed believes the S&P is the Economy. When only 1 % has any holding of substantial value. The Remaining 99 % s 401 k are a joke. Working three jobs and Wife has Stage 4 with four kids. We just hit $23 trillion in debt, more than double since the last financial meltdown. We are stealing from future generations more than $100 million every single hour of every single day. This is a crime. Welcome to The Atlantis Report. The banksters have trapped themselves. In the old days, interest rates were lowered to encourage new borrowing because the Ponzi scheme requires ever-increasing banking activity to survive. The number now required to maintain the system is so big that only negative rates can sustain it. Think of the absurdity that the government could pay off its debt by issuing Negative Interest Rates bonds. Of course, that makes no sense. The return to equilibrium, thus, is a return to making sense. That can't happen without a crash and reset of the system. Inflation will be tried first. 90% debt to GDP real not nominal is a red line we crossed probably in the Obama era. The US currently stands at about 106% nominal, so real is perhaps closer to 120%. Interest goes up inevitably. That law is locked in stone, so I would take advantage of the time left to unload. The world bank came up with a figure of 77% as a maximum for sustainable growth, but most nations changed the way they calculate GDP. Risky to take that number seriously. Too many untested theories. The US almost doubled the debt in the Bush Obama era. It took 200 years to acquire the first half, so the combined global central bank decision to crash the system in a controlled manner was made probably in the Bernanke days. The best way to do this would be for some sort of alliance between allies towards a controlled import-export deal soon to be announced after 2020 Trump victory and Brexit. The lines are starting to be clear with a trade border between Eurasia and Anglo-America. The EU is in a rather precarious position right now. You could say between a rock and a hard place for if it splinters borders as history shows things can be quite volatile. Donald Trump and the Republicans are doing the same things as Obama and the Democrats did. Unbridled borrowing and spending like there is no tomorrow to keep us from falling into the economic abyss. No Oversight to their wild expenditure as we can see with the Impeachment hearings for an example. No one wants to bite the bullet and administer the economic pain that is waiting for us. As long as they continue this charade of economic Fantasies, everyone is happy. We are like the Titanic sailing to that Iceberg dead ahead and enjoying fake prosperity until we slam into reality. In addition to our looming corporate debt crisis, U.S. consumers are 14 trillion dollars in debt, state and local government debt levels are at record highs, and the U.S. national debt just hit the 23 trillion dollar mark. Pay close attention to the consumer debt figure. The national debt is bad, and it is one thing, but the consumer debt is going to rock everyone's world when it all goes bust. Remember what happens in a recession first of all. Jobs start disappearing, incomes start disappearing, and then bills do NOT get paid. When the Federal government is broke beyond repair, and there are no allocations for states and local governments like there has been in the past, and these states and local / county governments are already neck-deep in debt themselves, it gets tight. As always, the consumer/citizen gets the noose tightened around their neck even more, as these local governments that had been receiving about a third of their revenue from their state and federal government, will now look to the citizens of each and every county, to pay more for services. Where do these counties get the second-highest amount of their revenue? From the taxes, it collects on property owned by its citizens. The more you own, the more you pay. When the city and county revenues get cut by as much as a third, they will raise the property tax rates to compensate. Large homes with ample acreage will be hit the hardest, and then those newer homes all over the county, and especially those having to pay for services in the city such as water, sewer, and trash collection. All these things will cost more, and it will become unbearable for most citizens to pay. But pay they must as the leaders in these different levels of government, DO NOT CARE about individuals. The Debt will never be paid off. We can't even service or let's say pay the Interest on the massive debt our wonderful men & women of Congress accumulated for all of us to pay. Both parties Republican and Democrats alike have Jacked up our debt so much it will never be paid off. A significant reset is in order. In regard to the Stock Market. A broad topping pattern is what is evident. Signs of imminent downside/correction. From my observations this sideways chop is symptomatic of exhaustion. Combined with lower levels of liquidity, we could very well encounter a flash crash in the not too distant future. Stock investors better wake up and get over thinking about their stocks “as cash” . stocks “are not money” . They are paper certificates printed up by corporations and sold to you “for Fed money” that you will likely never see again . But the Fed money you gave to the corporations for their certificates “does not disappear” (it remains in the system) . So when stocks go down “Fed money is not contracting or being destroyed” .Only the “imagined ability” for you to get some Fed paper back has been destroyed . So when the stock market crashes by 90% this fall ; the Fed’s money supply remains unaffected and will be at same level or a higher level (depending on QE). The Rich are not going to get taxed to Oblivion and then give Campaign contributions to the party that forces them to pay more Taxes. The middle class is drowning in debt because once you are in debt, you actually have to spend much, much less, to get out of debt. Americans simply refuse to do that. They want the latest electronic toys. They want shiny new cars. They want it all, but they simply pretend that it's all free. Americans have no idea how to be frugal. I don't feel very sorry for most when their day of reckoning arrives. They had to know, in their heart of hearts, that the show can't go on forever. Either you deal with it, or you bury your head in the sand. Most Americans are completely ignorant about the one subject that everyone should study: Money. They have no real assets, boatloads of liabilities, and even most of the middle class buy liabilities that they think are assets. It doesn’t have to be this way, but it takes a little effort to educate yourself. And as long as the government taxes productive people to pay for unproductive people, then I will feel no sympathy for them. Prepare now or suffer the consequences. Simple as that. Eventually, this whole thing is going to come crashing down. This thing is not sustainable. Here in the United States, we are already in a manufacturing recession. We are already in a transportation recession. We’re already in a corporate earnings recession. We are already in trouble. We are already seeing dozens of data points that an economic slowdown is already happening. This is what we will notice first. We will go into recession, and things are going to start getting bad, but beyond that. We are headed for the Greatest Depression. It’s the perfect storm. We are talking about the breakdown of trade with China. We have witnessed the complete and total breakdown of relations between the United States and China. They (China) view us (America) as their primary global enemy. So, there is not going to be any kind of comprehensive trade agreement. And that has been one of the only things holding this stock market up. The system is failing. People that have faith in Wall Street, people that have confidence in Washington, people that have faith in the Federal Reserve and in the system, ultimately, they are going to be extremely, extremely disappointed. Most Americans are going to be blindsided by this, and most people have no idea what’s coming, absolutely no idea. We’re not just talking about Mad Max. We’re not just talking about Armageddon. We’re talking about the end of America. In the long term, if you want to prepare, you need to prepare for The Collapse of America.










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47 Percent Of GDP – This Is Definitely The Scariest Corporate Debt Bubble In U.S. History







We are facing a corporate debt bomb that is far, far greater than what we faced in 2008, and we are being warned that this “unexploded bomb” will “amplify everything” once the financial system starts melting down. Thanks to exceedingly low interest rates, over the last decade U.S. corporations have been able to go on the greatest corporate debt binge in history. It has been a tremendous “boom”, but it has also set the stage for a tremendous “bust”. Large corporations all over the country are now really struggling to deal with their colossal debt burdens, and defaults on the riskiest class of corporate debt are on pace to hit their highest level since 2008. Everyone can see that a major corporate debt disaster is looming, but nobody seems to know how to stop it.











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The Imminent Invasion of Israel...The War of Gog and Magog











Current Events Linked To Biblical Prophecies Is Ezekiel 38 & 39 close to being fulfilled? Ezekiel 38:1-6 1 Now the word of the Lord came to me, saying, 2 “Son of man, set your face against Gog, of the land of Magog, the prince of Rosh, Meshech, and Tubal, and prophesy against him, 3 and say, ‘Thus says the Lord God: Behold, I am against you, O Gog, the prince of Rosh, Meshech, and Tubal. 4 I will turn you around, put hooks into your jaws, and lead you out, with all your army, horses, and horsemen, all splendidly clothed, a great company with bucklers and shields, all of them handling swords. 5 Persia, Ethiopia, and Libya are with them, all of them with shield and helmet; 6 Gomer and all its troops; the house of Togarmah from the far north and all its troops—many people are with you.







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The FED Is Now The Fourth Branch of The U.S. Government









The FED Is Now The Fourth Branch of The U.S. Government. Unelected power of central bankers challenges representative government. Is there a way to limit the continually growing leviathan of centrally managed markets? Technocracy & the “overmighty citizen”. Thanks for listening to this week's McAlvany Commentary. The objective of McAlvany Weekly Commentary is to provide investors with valuable monetary, economic, geopolitical and financial information that cannot be found on Wall Street. As a listener, each week you’ll enjoy relevant discussions from David and a revolving cast of internationally-renowned economists, authors, and financial advisors. As an investor, you will be given a solid strategy of wealth preservation for your financial and retirement assets, and gain insight into better navigating our uncertain world and unstable economy. Be sure to tune in every Wednesday to download your weekly show.







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Robert Kiyosaki – Get Your Money Out Of The Bank -- Don't Save , Hedge !!









Robert Kiyosaki always says that the big mistake is so many people believe it's essential to save. That's ridiculous, Kiyosaki explains; and the reason that's ridiculous is that what happened in 1971 is crucial. In 1971 the US dollar stopped being money. In 1971 the US dollar became a currency. And what that meant is Richard Nixon in 1971 took us off the gold standard. That's like giving an alcoholic free rein to the bar, or it's like giving somebody who can't control their spending unlimited credit cards. What's happening is all the savers today are losers. You know the problem with 1971 is that the federal government keeps printing money. The value of your money keeps going down. If you notice as the value of the dollar goes down, prices go up. They call this inflation. But really what it is; is the dollar's value coming down. So savers are getting wiped out today. To save money, that is not the new rule that's an old rule. A very big problem for most people is to stop using the word save and use the word hedge. You've got to hedge your money. Hedge against losses That's why this idea that you're going to tell people you need to save money; that's really an obsolete idea. Because the concept went obsolete in 1971, the US dollar in the last few years has lost almost 80% of his purchasing power. This has happened throughout history. It happened thousands of years ago with the Romans, with the Greeks, with the Germans, with the English, the Japanese, and the Chinese. Every time they've made money into a currency, something you could print at unlimited. Every time they have that has happened, the currency has gone to its true value, which is zero. I am afraid as this economic volatility continues, the savers who will operate in by the old rules of money are just going to get wiped out because the purchasing power of their dollar is going to go down. You can't keep up with the bank's printing money. That's the old rule of money; is saving money. And the new rule is a hedge. The reason 1971 is such a critical time, was because the US Federal Reserve became the bank to the world. They could print as much money as they wanted. Never in the history of the world has anybody been allowed to print money for the rest of the world. Every time people have done this, chaos is broken out. And that's why there's chaos in the world today. In 1913, when the US Federal Reserve Bank was created, they were basically allowed to print money for the world. Every time that has happened throughout history, a despot has arrived; for example, in 1933, a man named Adolf Hitler rose to power when the Weimar Republic was allowed to print as much money as it wanted to do. And when Russia's currency broke down; a man named Lenin rose to power. When the Chinese economy broke down, Mao Zedong rose. Today we're at that critical point right now. One of the causes of it was in 1933. This thing called the US Federal Reserve, was created. They've done a pretty good job of making the rich richer; unfortunately, the poor getting poorer. So that's why when I talked to people, I really need them to understand the new rules of money, which really began to take effect in 1971 when we were allowed to print money for the rest of the world. It understands that this system here is causing the rich to get richer and the poor and middle-class to get poor. But most importantly, the lower middle class is almost getting wiped out. High prices, volatilities in the market, food getting more expensive, gas getting more expensive, savings getting wiped out, home values going around. And the reason the troubles have started again is the US Federal Reserve Bank is not US; is not federal, and does not have any Reserve, and is not a bank. So if you understand that, then you can start to hedge your position rather than save money, and that's a new rule of money. This is WHY BANKS ARE THE WORST PLACE FOR YOUR MONEY! Get your money out of the Banking system . NOW. Welcome to The Atlantis Report. Leaving all your money in a bank account; That is terrible advice. I'm going to explain to you guys why putting all of your money in the bank is a guaranteed way to lose money because of inflation. So first of all, what exactly is inflation? The definition of inflation is a general increase in prices and fall in the purchasing value of money over time. So over time, your money is worthless as far as buying power. A perfect example, let's look at the cost of bread in 1930 compared to the cost of bread today. So in 1930, you paid nine cents for a loaf of bread, while today, on average, you're paying $2.50 for that same loaf of bread. So the purchasing value of your money decreased significantly from 1930 to 2019. I want you to understand. Your parents are not intentionally giving you bad advice by telling you to save money in the bank account. They are just confused because this is a strategy that worked for them. Because in the 1980s, things were very different. I'm going to explain why that is right now. So this is not necessarily bad advice for the 1980s. It worked for them, but it's not gonna work for you. So for this example, we are talking about a CD or a Certificate of Deposit. Essentially, you deposit your money, you're not able to touch it for a certain number of years, and as a result, you earn a guaranteed rate of return. In 1984, the average yield on a five year CD, where you deposit your money for five years, and you can't touch that money, was 12.06% per year. In 2016, the average return on a five-year Certificate of Deposit was 0.86%. From 1984 to 1988, the average rate of inflation was 3.5%. And since 2000, the average rate of inflation has been 2.2%. So let's go ahead and do the math on this; If you had 100,000 dollars at the end of 1983, by 1988, due to the inflation, that 100,000 dollars would have the equivalent buying power of 118,769 dollars. Now let's say you took that 100,000 dollars and invested it in a five year CD at the beginning of 1984. One hundred thousand dollars would have been worth 176,707 dollars five years later. So for that five year CD, you made 76,707 dollars, but you out-paced inflation by 57,938 dollars. That is why your parents give you this advice. Because it worked for them, but it's not gonna work for you. I'm gonna show you why. 100,000 dollars in 2016, based on that 2.2% average rate of inflation since 2000, is the equivalent buying power of roughly 111,495 dollars in the year 2021. Now, if you invest in one of those CDs with a 0.86% return, 100,000 in 2016 will be 104,375 dollars in 2021. Inflation out-paced you by 7,120 dollars. But let's say you didn't even put your money in a CD, because most people don't. What most people do is they leave their money in a checking or a savings account. The average return on a checking account is 0.05%. So 100,000 in 2016 at 0.05% per year, would be 100,250 dollars by 2021. So while it appears that you made 250 dollars, you actually lost 11,245 dollars because inflation out-paced you. I have news for you. The 1980s are over. Anyways, how can you out-pace inflation? How can you avoid losing the buying power of your money? The answer is to invest. So I just wanna show you one way that you could invest, and this is a very conservative way. So the S&P 500 is a good way to track the average returns of the stock market. And you can invest directly in a fund that tracks the S&P500 as well. So I know a lot of people out there will say things like the stock market is a losing game, or everyone loses money in the stock market. But just to show you that that's incorrect, from 1928 to 2016, the S&P; 500 Index had a profitable year 74% of the time. Now, there may be short term corrections where you are down on your money, but you don't sell. You just hold on, and you continue investing. The best strategy when you're investing is dollar-cost averaging. So if you wanted to invest in the S&P 500 Index if you were investing in a fund that tracked the S&P 500, you might deposit the same amount every single month into a fund that tracks the S&P 500. So at that point, you're buying shares at a high price, buying them at a low price, and buying them in the middle. So, as a result, this lowers your average price paid per share. Since 1928, the S&P 500 has returned on average, 9.8% a year. The only way to outpace inflation is to invest. And by now, I hope you understand that keeping your money in the bank in a checking account, in a savings account, in a CD, is a guaranteed way to lose your money. So you need to make sure you're doing something to out-pace inflation. And one of the best ways to do this is investing in a passive index fund. I know people are gonna be skeptical of that 9.8% return because that's based on almost 90 years of data. So I wanna give you a real example; So we're gonna take a look at inflation since 2000, and the return of the S&P; 500 Index since 2000; So since 2000, inflation has averaged 2.2% per year, as we said earlier. So let's take a look at the performance of the S&P500 Index. So on January 1st, 2000, the S&P; 500 was at 1,425.59, and on January 1st, 2017, exactly 17 years later, the S&P; 500 was at 2,275.12. So over those 17 years, we saw a 59.5% return on the S&P; 500 Index. So if you had dumped 100,000 dollars into a fund tracking the S&P; 500 Index in 2000, you would have 159,500 dollars as of the beginning of 2017. So you out-paced inflation by 14,735 dollars. Imagine how much money you would have if you had just left your money in the bank earning a small interest rate. You have to realize that putting your money in the bank is a guaranteed way to lose money. Putting money in the bank account is a guaranteed way to lose money. It is something that people don't understand because your parents are trying to help you. But unfortunately, they're giving you terrible advice by telling you to leave your money in the bank. It's a guaranteed way to lose money; because you are never going to keep up with the rate of inflation, with what the bank pays in savings and checking accounts. Give a man a gun, and he can rob a bank. Give a man a bank, and he can rob the world. This was The Atlantis Report. Please Like. Share. And Subscribe. Thank You.
















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The Private Banks have The License to Create Money !! -- Economic Collapse -- Stock Market Crash 4K










Private banks can basically create new money as they wish. That used to be the privilege of the mint of princes and governments. It's a privilege to create money and therefore profits out of nothing. This privilege has been in the hands of the financial industry for a long time, and in recent years, it's been unchecked. It is not the central banks but the private banks that generate most of the money. A process is also known as deposit money creation. Money is created when someone goes to a bank to take out a loan; the bank opens an account and issues the funds. It's then in a contract with the individual who's taken out the loan. The bank hopes that the person will pay it back someday. That means what the original impulse to create money comes from private banks. If someone has savings, their money is parked in a savings account. The advantage for the bank is that a person can't just take it out. When the bank issues a loan, it's created from nothing. These two processes really don't have anything to do with each other even though it looks that way, and even though that's what the textbooks say. This is how it works. A customer wants to take out a loan for ten thousand dollars; the bank has to deposit between one and three percent so at least a hundred dollars with the central bank. That's it! In return, the bank is allowed to transfer ten thousand dollars to the customer's account. At the push of a button, the bank generates ten thousand dollars of electronic money from a hundred dollars, and in return, it collects the interest. This creation of deposit money is a license to create money. The banks are happy, of course, that they can do this because that gives them a free rein they get to keep the profits the seigniorage . That's a few billion every year. Who'd want to miss out on that; definitely not them. 90% of all our money just numbers on a computer in a bank somewhere. The banks make this money. Welcome to Atlantis Report. Fractional reserve banking could catch a bank short in the self-perpetuating panic of a bank run. Many U.S. banks were forced to shut down during the Great Depression because too many customers attempted to withdraw assets at the same time. Nevertheless, fractional reserve banking is an accepted business practice that is in use at banks worldwide. During a "bank run," depositors all at once demand their money, which exceeds the amount of reserves on hand, leading to a potential bank failure. The Ponzi system that exists is such that organizations are just borrowing large amounts of money from each other. And then using that to make money by lending it to others. Who is using that to lend it to others. Which means that you have a system where ultimately no one really got the money that backs up all the money that's being lent out. Subsequently when that system comes crashing down, then it's a good night. In today’s modern economy, most money takes the form of deposits, but rather than being created by a group of savers entrusting the bank withholding their money. Deposits are actually created when banks extend credit (i.e., create new loans). As Joseph Schumpeter once wrote, “It is much more realistic to say that the banks 'create credit,' that is, that they create deposits in their act of lending than to say that they lend the deposits that have been entrusted to them.” When a bank makes a loan, there are two corresponding entries that are made on its balance sheet, one of the assets side and one on the liabilities side. The loan counts as an asset to the bank, and it is simultaneously offset by a newly created deposit, which is a liability of the bank to the depositor holder. Contrary to the story described above, loans actually create deposits. Now, this may seem a bit shocking since, if loans create deposits, private banks are creators of money. But you might be asking, "Isn’t the creation of money the central banks’ sole right and responsibility?" Well, if you believe that the reserve requirement is a binding constraint on banks’ ability to lend, then yes, in a certain way, banks cannot create money without the central bank either relaxing the reserve requirement or increasing the number of reserves in the banking system. The truth, however, is that the reserve requirement does not act as a binding constraint on banks’ ability to lend and, consequently, their ability to create money. The reality is that banks first extend loans and then look for the required reserves later. Perhaps a few statements from some notable sources will help to convince you of that fact. Alan Holmes, a former senior vice president of the New York Federal Reserve Bank, wrote in 1969, “in the real world banks extend credit, creating deposits in the process, and look for the reserves later.” Vítor Constâncio, Vice-President of the European Central Bank (ECB), in a speech given in December 2011, argued, “In reality, the sequence works more in the opposite direction with banks taking first their credit decisions and then looking for the necessary funding and reserves of central bank money.” Money and wealth have become more and more detached. Money is transitory and ephemeral, and it may soon be worthless if central bankers and politicians continue on their current path. But true wealth is permanent and tangible, and it has real value worldwide. Everyday citizens who save and invest have become guinea pigs in the central bankers’ laboratory. The world’s major financial players—national governments, big banks, multilateral institutions—will always muddle through by patching together new rules of the game. The real victims of the next crisis will be small investors who assumed that what worked for decades will keep working. Until 1971, the world was financially stable. Currencies were covered by gold; the real economy was an imbalance with the amount of money available. Then U.S. President Nixon needed money for the Vietnam War. He switched on the money printing machine, not least because OPEC had increased oil prices. This money then flooded the world. Banks came up with new investment models. They now wanted to make money not with goods but with money alone. This was the start of the financial industry of today. Credit cards and current accounts accelerated financial transactions. Former public responsibilities were privatized; pensions are a case in point; the private sector is better at everything than the state, so they said. New billions came into play. In the 1980s, Margaret Thatcher deregulated the banks in London. Bill Clinton did the same later on Wall Street. Money was to earn money and thereby create growth. The global casino was open for business. This path of liberalization was a mistake; it's also the wrong word - if you deregulate markets that need to be regulated, then you create chaos, you unleash an avalanche of money onto the world. You can call that liberalization, but it was a policy that benefited only a few people, namely the rich. It has caused a lot of problems for the world. The liberalization of deregulation allowed the deals of the banks to explode. They now acted internationally. Major banks have become investment establishments that fund huge deals. More and more money goes into speculation. That's where big money is made. This has less and less to do with the real economy. The money creation process also seems to be something of a mystery among academics and even in the banking boardrooms. The banks are silent for a reason; they would have to explain to their customers that these days, it's them creating the money and them benefiting hugely as a result. Money isn't neutral, after all. It's not the central banks, but private banks that generate most of this new money. A process is also known as deposit money creation. The money is created when someone goes to a bank to take out a loan. The bank opens an account and issues the funds. It's then in a contract with the individual who's taken out the loan. The bank hopes that the person will pay it back someday. That means that the original impulse to create money comes from private banks. Private banks basically create new money as they wish. That used to be the privilege of the mint of governments. It's a privilege to create money and, therefore, profits out of nothing. This privilege has been in the hands of the financial industry for a long time, and in recent years it's been unchecked. This financial system will keep growing and sprawling the prospects of big profits. The low-interest rates, the deluge of money, these elements make for an explosive mix. One thing is sure this sick financial system is going to cost us a lot of money. I don't think anyone will come out of this situation unscathed. We've been living on loans. There will be wealth destruction. Our current financial system is very likely to lead to the next disaster. We need a different system. But it would be enough if we just returned to what we had — highly regulated financial markets, and a banking sector under control and whose purpose was to serve. We want the creation of money to be state-controlled and not in the hands of private banks . Billions in interest payments would then flow into the public purse. The monetary system will fail because the debt-based system relies on continually expanding debt. But the more the debt expands, the lower the value of the currency unit. Eventually - the limit is reached. As debt goes exponential, the currency value goes to zero. No currency system ever survives. They all die the same way. With more money in circulation but the same quantity of goods, the pressure mounts for prices to rise. But This Money supply isn't finding it's way out of banks and into the hands of ordinary people in the form of wages, which explains why commodity/energy inflation is so flat despite market growth. The oxymoron of it all, as long as the household debt remains above 105% of income, the fed has to keep rates low to stabilize disposable income. The Fed, whether it knows it or not, is countering the effects of 40 years' failure of trickle-down, giving pointless tax incentives to the wealthy, while technology and Global free trade carve out considerable holes in domestic labor demand. 99.99% have no insight; None. But the herd knows something is not right. When the currency is created as debt, which it is, it REQUIRES an ever-expanding currency supply forever. Say they print a million bucks, and that’s the only money there is. At 2% interest, that million bucks requires $1,020,000 to be paid back. Where’s the extra $20 grand come from. It doesn’t exist, so it has to be printed too. And you can’t actually pay off the million, because then there’d be no money in circulation. So you have to reprint the million-plus 20 grand. Now, if you want the economy to grow, that million dollars has to grow too. Otherwise, you’d have 0% GDP growth. So 1 million becomes 2 million. Well, now you owe 40 grand in interest. This has been the way the siren works for over a century now. External debts and our currency and our economy are all linked. Now for the real kick in the nuts. If you want the economy to keep growing at the same rate, the debt must grow at an exponential rate. If society is used to the growth rate from 1 million to 2 million, you can’t just go to 3 million next time. From 1 to 2, it was 100%. From 2 to 3 would only be 50%. So you have to grow it from 2 to 4 million. Of course, then you owe 80 grand in interest. And the next printing has to go from 4 million to 8 million. And on and on it goes. Any attempted slowdown in the growth leads to economic contraction. That’s what the QT over the last year did. So now we see the economy slow. So they have to print more. And even if they save the economy again, next time they will just have to print even more. This is the real crux of it all. The debt is literally REQUIRED to grow not at a linear rate, but at an exponential one. The average human mind has trouble comprehending exponential growth, but we’ve reached the point where either we have the economy slow, or our debt goes full-on hockey stick at this point in the graph. Or, we get a new monetary system and currency and start over. Those are literally the only choices. This was The Atlantis Report. Please Like. Share. And Subscribe. Thank You.









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Doug Casey: the last trade wars brought on a recession



If history were to repeat itself, the recent escalation of the trade wars could result in a recession, this according to Doug Casey, founder of Casey Research. “It was the Smoot–Hawley tariffs that really brought on the last Great Depression, and it could happen again this time. The world is much more involved in trade now than it was in the 1920’s,” Casey told Kitco News.














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