Monday, December 21, 2020

👉New Virus Strain, More Poverty and Double QE in 2021 !!

👉New Virus Strain, More Poverty and Double QE in 2021 !! New Virus Strain, More Poverty and Double QE in 2021 Pain, despair, and poverty for millions of unemployed Americans, as case numbers continue to climb, and a new, more infectious strain of the virus is spreading rapidly. And concerns the vaccines will not work on a mutation. We will enter more lockdowns and shutdowns; more severe restrictions will be imposed. This will lead to the certain demise of thousands and thousands of small businesses. Workers who will lose their jobs ; and business owners who will see their dreams crushed and their homes lost to the bank. Hundreds of thousands of small businesses and all their employees out of work. Rent and mortgage delinquencies. Highest consumer debt in history. The next 3-4 months are going to be worse than financial markets are braced for. The US will go into a defacto shutdown again, all politics aside. Either the people will stay home, not willing to risk exposure, and/or the state and local governments will be forced by the medical community who have run out of resources and will beg officials to shut down to give them some kind of breathing room. And the Fed is already pushing for a double QE in 2021. This crisis will be used as a scapegoat for the next massive QE expansion. What the FED is doing is absolutely destroying the economy. Take note of how many Fed speakers are really banging the table on fiscal stimulus, i.e., Congressional spending bills. They're terrified that they will lose control. Especially that dropping rates and more QE is NOT causing companies to take down more loans, especially if the banks won't lend. See how many have floated bonds and now secondary equity offerings. All the monetary and fiscal stimulus cannot prevent insolvency, which is the next phase. That looms just over the horizon like a slow-motion train wreck. When I hear Fed governors talk about their "help," I want to throw up. The FED is the arsonist and the firefighter. The Fed rebuilt the house they filled with explosives prior to the pandemic. And filled it with even more explosives than before. Who'da thunk it? SP500 P/S ratio, Buffett GDP, Shiller CAPE, mutual fund cash levels, et al. But we won't know the triggering event till after, the results will be the same. Zombies can continue as the Living Dead for a while. What QE did , was removing money from the economy. The goal of the Wall Street banks is to crash the stock market and take down all the pension funds. The banks are international criminal organizations. MMT is not just no growth; it is anti-growth. Instead of actually doing something and growing the economy, people just take the debt and consume it all. MMT and debt is a doom loop. The party is over. Chronic QE was already a lie. But if you keep the interest at zero and keep debasing the currency, what will happen? Inflation. Your buying power will decrease. Ok here is a visual, just think of Venezuela and stacks of cash to buy a chicken. No toilet paper. Then we lose reserve currency status then the vultures come in to pick us clean. The Fed is playing a very dangerous game. It is time for tightening and paying down debt for flunky wars and death. Quantitative easing or any stimulus will have no effect or opposite effect when debt to GDP is over 90%, which it is. In other words, central banks will henceforth fund the entire sovereign budget deficit, which is what MMT and helicopter money is all about - it's only a matter of time before Jerome Powell will join the club, and we expect that at some point in the next 3-4 months, the Fed will announce it too will double its monthly rate of debt purchases. One can argue that the creeping economic shutdowns, first at the state level and soon at the Federal, have just one purpose: to catalyze the next crash and next bailout by the Fed. Is anyone paying attention to this? Is the gigantic tidal wave I'm seeing not too far out a figment of my imagination? What good does QE do when all the new money creation goes to people who already have, and none of it goes to those who actually need it? The federal reserve should start at the bottom and move up. Not start at the top and moving down, but only a little. The rich are just getting richer as the food lines are getting longer, and longer, and longer. Feed the need, not the greed Jay. The rich will only save the money or reinvest it, while the poor will actually spend the money on things they need. And this will create more demand and more jobs. If the money went to the people, it would help the whole economy and still trickle-up, but, No, they want it All, and they want it now. This way, they can cry for more sooner. They Don't Want to Fix the Economy! It's too late to fix it anyway. An unfunded debt of $200 trillion in the US. The national debt is claimed to be just shy of $30 trillion, but that doesn't take into account pensions, loans, social security, healthcare, etc. Interest rates at 10 percent would cost more a year in interest payments than the largest ever annual deficit (2020). It would certainly force the government to stop all the ridiculous social spending and even have to slash the military budget by two third. This would still leave the US with the world's largest military budget but much less global reach. Raising interest rates is a great idea, but we will instantly fold as a country. I'd say 10 percent is a possible 10-year plan. Unfortunately, other than moving a few pieces around the board, the recent actions by the Fed only continues to move back the day of reckoning. The extend and pretend illusion our economy remains on a sound footing is alive and well. Whatever it is, it will benefit them, not us. All money printed since the 80s have mostly never touched the real economy. It's been kept in bonds maturing for decades. And when the rich sell their bonds, fireworks will go off. All the noise flowing from the election and the pandemic has buried the fact our economy faces rather dire problems. I see ALL foreign countries that were forced to buy US Treasuries during the reign of the Petrodollar stop purchasing a single note of Treasuries at auction. The time is finally right to put a nail in the coffin of the US and it's absurd spending levels, which have allowed America to live wildly beyond its means for the last 50 years at the expense of the global population. What could rattle markets? Realizing the national debt is now over 27 trillion dollars and going up fast? Checking historical valuations for stocks in terms of earnings and asking, "where's the beef?" Risks include vaccine rollout issues, new strains of the virus, presidential transition, cyberattacks, and more. The biggest risk is the one highlighted in the Debt-to-GDP chart and the attendant size of the major central banks’ balance sheets. The Powell Fed has completely capitulated – and this is anything but lost on the markets. Our central bank has signaled to a frothy marketplace that massive (at least $120bn monthly) liquidity injections will continue indefinitely. It has become paramount to Fed policy to use its balance sheet to sustain market Bubbles for the purpose of spurring economic recovery. It is nothing short of our central bank, abandoning its overarching monetary stability mandate. Manipulation is the word; it has too many deep incantations. The fact the market hit 30K during this pandemic is huge golden trumpet singing, "Was that somebody's scream, it wasn't me for sure." I'm playing the game with one hand behind my back. And it looks like our Congressmen are eager to waste another $2,400 per family for splurge money. No targeted aid to businesses or the unemployed, just money for people who haven't lost jobs to buy flat-screen TVs with. The real problem is that nothing will be better in three months. The same people calling for money now will be asking for another stimulus check in March. Merry Christmas, America. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where you can buy American Silver Eagle, Silver Bars, or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. This is how a zero-taxation economy with rich people and zero rules works. They inflate as a form of taxation. Since there isn’t a monetary standard, every penny that they add to the money supply inflates (taxes) the worker. Since workers aren’t being paid more, they ultimately have their wages inflated away. Down the drain we go. Exponential debt and languishing growth that was occurring before the pandemic (or else we wouldn't have need QE, which amounts to life support) has doomed this country. We are now being distracted by a media spectacle and manufactured public health crisis to distract us from this fact. We have been living with an imminent fiscal crisis since 2008, and the ineffective means to contain it haven't changed. What else did you think the motive for the crisis was? It's to conceal the fact that nothing the bank cartel has done in the last 12 years has worked. We aren't facing an imminent crisis; we are facing imminent collapse. The bank cartel wants to make damn sure they get their cut before it all goes belly up. Of course, the only source is what wealth the 99% still have. So they proceed to inflate that wealth away. The bank cartel is buying up distressed assets for literally nothing—the money they created out of thin air. Fiat currency and debt-based economies always fail. ALWAYS! Every time they've been tried. They'll spend money and unleash the Kraken. What happens when QE stops working? We are doomed. When loans are created, the money to service the interest doesn’t exist in the world. It’s a catch 22 for the central bankers. Once you’ve let a Ponzi scheme in asset prices develop, you have to keep propping it up. When it collapses, it will feedback into the financial system. The more you inflate the bubble, the worse it will be when asset prices do collapse. The poor things just can’t win. The central banks are kicking the can down the road for an almighty crash at some time in the future. Things are going to get very nasty at some time in the future; we don’t know when that will be. "Who cares, as long as it wasn’t on my shift. Hopefully, Jerome Powell will be left carrying the can” Janet Yellen once said. In order to print the necessary money out of thin air without massive inflation, then counterbalancing deflationary pressure must be created via massive further demand destruction. Get ready to shiver in the dark eating your gruel. It all happened in just six months during the Weimar republic. The USA now has a budget deficit of almost 50% of budget spending. In other words, everyone gets on average twice of what the economy can sustain; just imagine the sheet show that is coming. Europe is not much better. When politicians are given the fiat printing presses, the end result varies for 0% - hyperinflation. This is going to end badly! I'm okay with all this money printing, provided the Fed can also print food, houses, cars, clothes, and precious metals into existence. Time to invest spare fiat paper in gold and physical silver. Gold and silver in physical form will be my biggest investments going forward. It's clear where this is all heading. Stocks tend to keep up with inflation until they cant. Crypto is just more fiat. Real estate is super risky. Bonds have negative yields due to inflation. Nowhere else to go. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my backup channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends! The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

1 comment:

  1. I believe you indicated you would provide a link to where to buy silver. I cannot find that link.


Blog Archive

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

once a standing army is established, in any country, the people lose their liberty.”
George Mason

“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger

“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger

"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin

The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin

Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?


“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

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

Taxation is legalized Theft

"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

litical Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon

The modern definition of racist is someone who is winning an argument with a liberal
Peter Brimelow

When People lose everything and have nothing left to lose , They Lose It !


Your Greatest Teacher is Your Last Mistake

The one who Controls the Education System , Controls Perception

"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."

Albert Einstein

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

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

Freedom is not Free

Don't Steal The Government Hates The Competition

Ron Paul

"Buy The Rumor , Sell The Fact " Peter Schiff

You can love your Country and not your Government

Jesse Ventura

" The Government Works for ME , I do not answer to them They Answer to ME "
Glenn Beck

"Tyranny will Come to Your Door in a Uniform "
Alex Jones

"The Government is not The Solution to our Problems , The Government is The Problem "

Ronald Reagan

"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato

The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo

"The people should not fear the government for it is the government who should fear the people" UNKNOWN

"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN

"They don't control us , We empower them " UNKNOWN

"Serial Killers do on a Small Scale What Governments do on a large one..."

Serial Killer Richard Ramirez

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

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

Thomas Jefferson

"College is a waste of Money"
Albert Einstein

Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki

Education is what you learn after you leave School
Robert Kiyosaki

" ‏Schools were designed to create employees for the big corporations."
Robert Kiyosaki

"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson

Dissent is the highest form of patriotism
Thomas Jefferson

“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki

"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way

"Aspire not to have More but to be More "

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

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

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