Sunday, December 13, 2020

👉Two Third of Americans are Broke and Living Paycheck to Paycheck !!

👉Two Third of Americans are Broke and Living Paycheck to Paycheck !! Two Third of Americans are Broke and Living Paycheck to Paycheck Most Americans are broke and living paycheck to paycheck. Half American Small Businesses are now shut down permanently. Consumer debt levels are piling up. In America, the Land of the Free, Home of the Broke , Americans are finding it harder to pay the bills. 63% of Americans have been living paycheck to paycheck. The Middle class went broke to imagine the poor people. This week we learned that there wouldn’t be any more stimulus checks for the American people in a time when a substantial portion of the population is desperate for another round of checks because they are almost entirely out of cash. In fact, a very alarming survey that was just conducted found that one out of every five Americans could be soon out of money. Nearly one-quarter of U.S. consumers say they have less than three weeks of the financial runway before they run out of cash, according to a weekly survey on Americans’ finances by consumer finance company Credit Karma. 1 in every 5 Americans could be out of money soon. America is Broke and Bankrupt -- We Are at The Keynesian End Game. We are now headed for the Greatest Depression Ever! America is also in debt up to its eyebrows, which certainly doesn't help. The end result is central bankers created the BIGGEST, most egregious bubble in financial history. A $250 TRILLION debt bomb… with another $500+ trillion in derivatives trading based on its yields. To put this into perspective, the Tech Bubble was about $15 trillion in size. The Housing Bubble, which triggered the 2008 Crisis, was about $30 trillion in size. The bond bubble is over $250 TRILLION in size. Some $50 trillion of this is in sovereign debt, with the rest coming from corporate debt, mortgages, auto loans, credit cards, and the like. The $2.5 trillion stimulus money is only going to go to the Gangsters, The Bankers, Just like last time. The Bankers are laughing because they already stole tens of trillions post 2008 with all the politicians on top of the trillions they stole pre 2008. Tens of trillions are hidden in offshore Cayman accounts. The central banks have created what can only be called a super bubble on steroids. 93% of global economies are contracting, and 7% of global economies are collapsed. Central banks are buying everything in sight with newly printed capital. Capital that will be worth next to nothing when it trickles down to you. But that’s the plan. The Federal Reserve is simply finishing its mission from its inception in 1913. Their plan is and has always been to be the buyer and lender of last resort. The end goal is to own it all by destroying the currency. Once they own it all by creating a currency crisis, they will roll out their digital cryptocurrency (FedCoin), which is based upon their test pilot program, better known as BitCoin. 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. It’s the lockdowns; They have paralyzed the economy. You can’t shut people down from making ends meet. Dying is one thing. Being broke from not working is another. It doesn’t need to be both. So 100% of oligarchs are getting wealthier while 93% of everyone else is getting poorer. I imagine there is an urgent meeting going on right now in Davos or some other really cool place trying to figure out how to fix this terrible mistake they made. I wonder if closing down restaurants is yet another way the globalists are forcing people into the big box grocery stores, which means food source becomes more centralized and hence more under their control. Food is the ultimate controller—even more than sex, drugs, and pro sports. More likely an asset and property takeover...disaster capitalism. The goal is to close all but Amazon. This is just step one for them. The big box stores won’t get to stay either; they just think they are special for now. One-stop shopping nationally. They think that way there is total control. Bigger picture. It's the Great Reset. They intended to shut down the economy in stages until they implode the dollar for the reset. They are boiling the frog in the pot until it's too late to jump out of the pot. They are bringing the ID2020 digital identification. You won't be able to sell or buy without it soon. Better pass on the mark. The federal government exceeds 50% currently and will probably exceed 65% under the coming administration. Government control of an economy is communism by definition. Socialists and Corporatists will ban together to destroy a Mixed Market/ Free Bargain Economy. The Corporatist will pay lobbyists to get the Socialist to write laws to bankrupt the Capitalist. Those in the government create conditions for their job to remain relevant. In reality, we would be better off if they were not able to vote for their own pay increases, receive pensions, and make a career out of robbing the rest of us. Fiscally, America is kaput. America is broke. The U.S. Public Debt situation is presently the worst since World War II. America’s big problem is that there are too many welfare queens; Both corporate and personal. The productive can't support the non-productive anymore. Simple math. The ones who should really be afraid are the ones who can't live without a government nipple in their mouth. Unfortunately, there are a lot of those types because government policy has been to create as many dependents on government as possible. Fifty YEARS OF GLOBALISM CREATED A COUPLE OF HUNDRED BILLIONAIRES AND BANKRUPTED EVERYONE ELSE. 1913 THE YEAR CONTROL OF THE ECONOMY WAS GIVEN TO FOREIGN BANKS. 1963 KENNEDY HIT, THE YEAR THE MIDDLE CLASS WAS ASSASSINATED. $40 Trillion of pension funds invested by wall street in China alone. $27 Trillion of debt run-up. Thirty million US jobs offshored to China, including 6 million Manufacturing jobs. One hundred million immigrated into the US in the past 50 years. - 50 million illegals. 63% of all immigrants now on welfare, and the rate increases every year. Two million green cards and H1B visas per year to drive wages down. $40 trillion paid in welfare reparations with zero effect. America is broke, China is worse, The E.U. is toast, and Russia, even if not in as much debt, is not far behind. If we catch a cold, the world gets pneumonia! Know that much. The debt storm approaches, slowly, then all at once devour everyone. No one shall escape! America is the Titanic, and it is sinking in an ocean of debt. The U.S. is running up its debt over 3 trillion a year with 27 trillion already on the books and promises to its retirees and social security recipients of another 200 trillion. We passed the signpost some years ago, and into the Twilight Zone is where we are headed. Meanwhile, Wall Street has reported record profits this year. Average bonuses for bankers have risen by as high as 40 percent from last year. And that's hard to hear for everyone on Main Street suffering the effects of the global crisis. The banks want us to pay their bad debts. They are not too big to fail; they are a bunch of money junkies that want every penny we worked for. And here is more sickening food for thought. Americans owe over 11 Trillion dollars in home mortgage debt (and that's just for 1 - 4 family, it does not include multi-family and commercial mortgage debt!). That number was only 2.6 Trillion in 1990, now less than 20 years later, it is over 11 Trillion. AND we owe over 2.5 Trillion in another consumer credit-related debt (cars, boats, R.V.'s, credit cards). Credit cards make up a little less than 1 Trillion of that 2.5 Trillion total. That number was up from 800 Billion in 1990. So, just in home mortgage and consumer-related debt, we owe almost 14 Trillion dollars (on assets that are very likely worth less than we paid for them)! What's worse, we do not pay the low, low-interest rates on our debt that the government spends on its debt. Household debt has been growing for five years, but mortgage balance growth has been on a slower incline since it stopped declining in 2013. When the Federal Reserve lowered interest rates in 2008 to fight the recession — giving consumers more incentive to pursue the typical three-to-five-year loan for autos — it kick-started a trend that has held true today. Auto loans continue to increase because of low-interest rates. Student Loans; They continue to escalate.When the Bankruptcy Protection Act of 2005 was passed, making it more difficult for people to file for bankruptcy, there was a turn toward credit cards in a desperate attempt to pay bills. So credit-card debt soared, reaching its all-time peak of $1.028-trillion in July 2008 (an average of $8,640 per household). Most of that debt was due to unexpected medical bills. Banks followed suit, cutting back on consumer lending when the Dodd-Frank Wall Street Reform Act increased regulations over credit cards. By April 2011, credit-card debt fell to $839.6-billion, a figure that has remained somewhat flat, although the average American household still owes $8,398. People are freaking out about the national debt, but at least the government can tax and print money. And how about state debt. While Americans as a whole carry significant amounts of debt, each state has its own unique problems. The makeup of state-specific debt reflects not just the national economy but also factors like unemployment rates, the worth of homes, and the cost of college. Credit policies long pursued by central bankers based on the Keynesian Model of rising inflation have brought the United States to the brink of economic collapse. In the final analysis, even wealthy nations cannot afford to live beyond their means to support Progressives' "social justice" welfare programs. Nearly all the developed world is at the "Keynesian End Game" and the end of the dollar ,unless we find a wholly new source of national wealth. Globalization and "free trade" agreements have led to the outsourcing of well-paying jobs from the advanced nations and a boost to the growth of developing countries. Unless reversed, this trend will continue to the detriment and ultimate collapse of western economies. We must become net exporters and keep balanced budgets. Due to the current misguided policies, unemployment is going to climb and will probably stay high for years to come. We need job-friendly, business-friendly, PROFIT-friendly policies that lure jobs back to the U.S. and keep people from going out of business and encourage people to start businesses! What they are proposing is just the opposite. Scary, scary stuff indeed. 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

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


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

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

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

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

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

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

PHILIP ZIMMERMAN, DER SPIEGEL

“Some call it Communism, I call it Judaism.”

Rabbi Stephen Weiss

“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941

Taxing People is Punishing Success
UNKNOWN

There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki

The Tax you pay is The Bill for Staying Stupid

Stefan Molyneux


“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus

The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros

"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.

This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.

By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."

USA Banker's Magazine, August 25 1924


Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
UNKNOWN

Taxation is legalized Theft
UNKNOWN

"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker

Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....

Bob Dylan


"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich


There is NO political answer to a spiritual problem!
Steve Quayle


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

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


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

GERALD CELENTE

Your Greatest Teacher is Your Last Mistake
DAVID ICKE

The one who Controls the Education System , Controls Perception
UNKNOWN

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

Albert Einstein

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


No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
UNKNOWN

Freedom is not Free
UNKNOWN

Don't Steal The Government Hates The Competition

Ron Paul

"Buy The Rumor , Sell The Fact " Peter Schiff


You can love your Country and not your Government

Jesse Ventura


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

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

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

Ronald Reagan


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


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

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

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

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

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

Serial Killer Richard Ramirez

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

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

Thomas Jefferson

"College is a waste of Money"
Albert Einstein

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

Education is what you learn after you leave School
Robert Kiyosaki

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


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

Dissent is the highest form of patriotism
Thomas Jefferson

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


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

"Aspire not to have More but to be More "
UNKNOWN

The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki ‏

"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford

What You Own Owns You
UNKNOWN

If you expect the government to solve your problems, you have a problem. Robert Kiyosaki

"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin

"None are more hopelessly enslaved than those who falsely believe they are free.” -
Johann Wolfgang von Goethe

"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell

Be The Change you want to see in The World
UNKNOWN

Failure inspires winners but defeats losers
Robert Kiyosaki ‏

“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb

"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.

Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN