Saturday, February 15, 2020
This Stock Market is on Fire , Enjoy Titanic Party before it hits The Iceberg
14% of Americans can't pay their medical bills. US Manufacturing Production Contracts For 7th Straight Month, Capacity Utilization Tumbles. An estimate of annual homelessness one month ago, by the federal government, shows that the number of people living on the streets increased 2.7 percent this year over last. There was another US Bank failure today, the 4th in 4 months. US Industrial Production Suffers Worst Year Since 2015. U.S. household debt hits a record high of $14.15 trillion. Total U.S. household debt reached a record of $14.15 trillion at the end of the year after increasing by $193 billion, or 1.4%, in the fourth quarter of 2019, according to the Fed’s Quarterly Report on Household Debt and Credit. New home sales are now at a 6-month low. The U.S. economy is much weaker than investors think. US deficit surges 25% in fiscal 2020 and is $1.1 trillion over the past year. And This is just the start. Wait until the Coronavirus effect hits, the numbers will be a lot worse. Donald Trump's 4th year in office will shatter the record for the largest annual increase in the national debt. It's an election year. And getting re-elected is more important than balancing the budget. Subprime Auto Loans Explode, Serious Delinquencies Spike to Record. Auto loan and lease balances have surged to a new record of $1.33 trillion. Delinquencies of auto loans to borrowers with prime credit rates hover near historic lows. But subprime loans (borrowers with a credit score below 620) are exploding at a breath-taking rate, and they’re driving up the overall delinquency rates to Financial Crisis levels. The entire system of economic growth is fueled by the issue of debt VS savings and production. This gives the appearance of being far better than the reality. Call it a tale of two economies. Two new studies paint a contradictory picture of Americans' personal finances. One found that tens of millions of Americans can't afford their medical bills, just as news dropped that 401(k), IRA and 403 (b) balances reached a record high last year. There is no such thing as a market right now. The Feds believe they can fix anything and everything by printing money, including cure coronavirus. This bubble will pop. My models show it will once the Fed goes to 0 and can no longer stimulate the economy, and then we hit stagflation and Boom! Welcome to The Atlantis Report. Powell just said he’s running REPO loans well into April. Pumping all that liquidity into the system is like pumping dope into the veins of an addict. Sure, it feels great right now, but what happens farther down the line. Beware the Prosperity Illusion! The Fed Protects Gamblers at the Expense of the Economy. In fact, The Repo is a $1-trillion-a-day credit machine, in which not just banks but hedge funds and other “shadow banks” borrow to finance their trades. This really proves that the Federal Reserve "NOT QE' and REPO Magic works very well for the US elite super-rich. The US elite super-rich is delighted and not only richer but also even more powerful than ever before. 1. The FED pumps Trillions to lift the prices of US stocks benefiting the most the US Corporations and its CEOs. 2. The CEO's cash in the options contracts that they have at the highest possible stock prices. (they are fully loaded with it). Jeff Bezos just bought a $165 Million Estate; a California Record. They really don't want to hit us over the head to wake us up. The US has been diligently pursuing a practical manifestation of the law or weights and measures since 1944 at Bretton Woods when the action was finally taken to end the fixed price peg on gold in order to get us to this point today. December's trade deficit was larger than expected, and the November deficits were revised higher. The decline was not due to higher exports from a booming economy, but lower imports due to tariffs. As a candidate, Trump claimed America’s economic decay, as evidenced by decades of trade deficits that hollowed out the American industry. As President during the last State of the Union address, he proudly proclaimed that America’s years of economic decay are over despite larger trade deficits now than before he was elected. Liquidity has been squeezed. Too much systemic debt. Over-leveraged debt cannibalizes economic activity. We need some Monetary Yang with our monetary Yin to complete this fateful story. The free market provides the means. Meanwhile, This market is going up, new highs insight. Nothing can stop it, NOTHING, and nobody. The stock market is undeniably on fire. The major US stock market averages are near record highs, and it shows in 401(k) accounts. Fidelity Investments reports the average balance in a Fidelity 401(k) topped $112,000 in the fourth quarter of 2019. For workers who have saved in a 401(k) for ten straight years, their average balance was $328,200. Last year, 33% of savers raised their contribution rates, and a record of 233,000 Fidelity customers are 401(k) millionaires. Market Believes It Has Immunity To Risks. That's because it does! Investors can count on the plunge protection team to step in as necessary to stop any sudden decline. That's the whole reason behind the precious metals manipulation. But eventually, someday they will either stop stepping in, or their risk mitigation tactics will no longer work. When that time comes... God help us all! Anybody that has spent any time following the markets knows that after every boom there is a bust. It has always happened in the past and always will in the future. When times are good to make plans for the bad days, when things are bad, hunker down and enjoy finding deals on things that were out of your price range a couple of years ago. What's amazing is that even though we have a great economy according to the stock market and certain politicians, the United States ran a nearly $1 TRILLION deficit in 2019. This is with unrelenting QE and other market stimulants in effect. Where do we go when the markets inevitably take a turn for the worse? If the economy is great, shouldn't the deficit be getting smaller?. This is Outrageous, unacceptable, and insane! This is monetary mismanagement. In the last financial crisis, they learned the American people did not want to bail out Wall Street banks. Now they are trying to do it in the shadows, but it is happening again. Main Street is bailing out Wall Street Banks, but you won't hear this on the mainstream news networks. We are putting these irresponsible actives on a credit card that future generations will have to pay off...with interest. The response from our politicians...a demand for more monetary and fiscal mismanagement. Politicians and the Fed are responsible. Not only will the Fed be injecting more drugs into the financial system in a recession. Wait until they decide to take rates below 0. That would handicap the entire global financial system. Commodities, including gold and silver, will go through the roof, while US stocks, US dollars, and bonds come crashing down. The Fed policy attempts to keep rates down, as any sizable increase in rates will reveal very quickly that government and many corporations are insolvent. They have painted themselves into an apex and knew that this was their fate in the development of a fully free-floating global price model that can now (and does) support debt-free consumer-driven transactions in the real economy. And The hard-working taxpayer is stuck in the middle of all these levels. And as long that taxes are collected from the hard-working taxpayers; This is a never-ending story. This is quantitative fleecing for the taxpayers. It is up to the consumer to use the debt-free transactions to now support real growth and rising interest rates on the back of sustainable real economic growth. It's the consumer who has the stage now. All central bankers know this and are waiting for the free market to respond. Rates can then rise safely with an economic disaster. It's not the Fed's job to "liquefy" the economy, all by itself. This should now become self-evident on the basis that real economic growth cannot be sustained by debt and debt alone. Assets have to be added into circulation, too, in order to work toward a symbiotic balance. Market law rules here. Yin needs its Yang, as per the laws of the market, and the Fed is not permitted to enter debt-free gold-backed market currency (with market pricing) into circulation from the top-down. In a real-time environment (what's new), a top-down approach would only prove to be devastating as it would POP the debt bubble in a knee-jerk rush to judgment. This cannot be permitted. We need a leak, not a POP! Entering any debt-free medium into circulation must be market-driven, organically, where the consumer now has the stage, the tools, the capability, and the blessing of free-market law. This economy is like a heroin addict. And the Fed is the supplier. They can keep increasing the dose kicking the can down the road until an overdose happens or go cold turkey and face the withdrawals (bubble popping). Either way, they’ve backed themselves into a corner. The virus scare, sleepy sniffer Joe, Barr's recent crying, I could go on and on, but these are all distractions. The economy in the United States is in free fall, just like Europe and China. These distractions are all designed to keep your eyes off of the truth. The propaganda is at blistering levels out of every government about how great everything is. The participation rate numbers in the economy are well below those of the '08 recession. The federal government is desperate. There are not enough tax dollars coming in to pay the bills. The debt is being monetized to dilute the currency. So everything for ordinary people is going to get really expensive because your paper currency by DESIGN is meant to go to zero through the inflationary Ponzi scheme. Right now, the supply chains are being severely disrupted, and U.S. corporate profits worldwide are going up in smokes. The market was never allowed to correct itself. Bailouts continue to prop up a false market, and costs for goods and services reflect that false market, thus perpetuating this vicious cycle. Would any of you get on the titanic if you knew that at some point during the voyage, it will hit an iceberg, sink in the North Atlantic, and over 70% of y’all die a tragic death? My point is that it’s not worth it to stay at the party, eat caviar and escargot, drink champagne and dance, knowing that at some point during the voyage, you have a 70% chance of dying a tragic death. I would rather never have gone on the Titanic, knowing that I have a 100% chance to live. Simply put, take the crashes of 1929, 1987, 2000, 2008, and add them together, then multiply by 100, and you still won’t get how bad the next crash is going to be. This one is going to last for decades. Looking forward to the death of FIAT currency. Bankers will jump out of the windows like in 1929. The year of records. The USA is adding to her deficits at a record run-rate, stocks are climbing to record highs at a record rate of climb, it's the longest period of economic expansion. Collectively the central bank's balance sheets are at record highs, and finally, the feds "temporary" (not QE) repo interventions expand again at a record pace. What could go wrong here? This was The Atlantis Report. Please Like. Share. And Subscribe. Thank You
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Blog Archive
“once a standing army is established, in any country, the people lose their liberty.”
George Mason
“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger
“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger
"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin
The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin
Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?
PHILIP ZIMMERMAN, DER SPIEGEL
“Some call it Communism, I call it Judaism.”
Rabbi Stephen Weiss
“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941
Taxing People is Punishing Success
UNKNOWN
There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki
The Tax you pay is The Bill for Staying Stupid
Stefan Molyneux
“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus
The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros
"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.
This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.
By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."
USA Banker's Magazine, August 25 1924
Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
UNKNOWN
Taxation is legalized Theft
UNKNOWN
"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker
Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....
Bob Dylan
"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich
There is NO political answer to a spiritual problem!
Steve Quayle
Political Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon
The modern definition of racist is someone who is winning an argument with a liberal
Peter Brimelow
When People lose everything and have nothing left to lose , They Lose It !
GERALD CELENTE
Your Greatest Teacher is Your Last Mistake
DAVID ICKE
The one who Controls the Education System , Controls Perception UNKNOWN
"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."
Albert Einstein
UNKNOWN
No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
UNKNOWN
Freedom is not Free
UNKNOWN
Don't Steal The Government Hates The Competition
Ron Paul
"Buy The Rumor , Sell The Fact " Peter Schiff
You can love your Country and not your Government
Jesse Ventura
" The Government Works for ME , I do not answer to them They Answer to ME "
Glenn Beck
"Tyranny will Come to Your Door in a Uniform "
Alex Jones
"The Government is not The Solution to our Problems , The Government is The Problem "
Ronald Reagan
"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato
The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo
"The people should not fear the government for it is the government who should fear the people" UNKNOWN
"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN
"They don't control us , We empower them " UNKNOWN
"Serial Killers do on a Small Scale What Governments do on a large one..."
Serial Killer Richard Ramirez
"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."
Thomas Jefferson
Albert Einstein
Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki
Education is what you learn after you leave School
Robert Kiyosaki
" Schools were designed to create employees for the big corporations."
Robert Kiyosaki
"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson
Dissent is the highest form of patriotism
Thomas Jefferson
“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki
"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way
"Aspire not to have More but to be More "
UNKNOWN
The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki
"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford
What You Own Owns You
UNKNOWN
If you expect the government to solve your problems, you have a problem. Robert Kiyosaki
"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin
"None are more hopelessly enslaved than those who falsely believe they are free.” - Johann Wolfgang von Goethe
"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell
Be The Change you want to see in The World
UNKNOWN
Failure inspires winners but defeats losers
Robert Kiyosaki
“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb
"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN
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