Saturday, January 9, 2021

๐Ÿ‘‰2021 Economic Outlook : Inflation, Bitcoin $50k,Debt and Higher Taxes on The Road to Venezuela 2.0

๐Ÿ‘‰2021 Economic Outlook : Inflation, Bitcoin $50k,Debt and Higher Taxes on The Road to Venezuela 2.0 2021 Economic Outlook : Inflation,Bitcoin $50k,Debt and Higher Ttaxes on The Road to Venezuela 2.0 America's demise is Wall Streets' success. They are about to take America much deeper into debt slavery. They are on a deliberate mission to sell America out to the banks. Manufactures and corporations will hurt very badly in the coming months. Maybe they are glad they'll now be able to relocate factories in countries with cheaper labor costs. Those living paycheck to paycheck have no power. We are getting wiped out; homeless populations are exploding. The cost of food will starve many. Everyone can keep arguing about money promised. Whatever amount is given, you will be taxed on it. Giving $2,000 to everyone. Increased taxes will be $7,000 more tax on everyone that pays a tax. They don't care about the American people. They are going to tax us to pay our debt. The plan is to bankrupt the country; that way, people will have to be dependent on the government for survival. What we really need is to reopen the country; small businesses, churches, schools, restaurants, EVERYTHING! Let us go back to work and let us pursue our right to life, liberty, and the pursuit of happiness. That bill devalues our dollar. We start at $600, and we have to pay $7,000 back for it in taxes. Money does not just come out of thin air or grows on trees. The dollar is crashing. America has fallen. People are going to be left with green paper that doesn’t mean very much! But they keep people thinking everything is going to rainbows and sunshine. They don't give a rip about us the people. They will bankrupt the country. They will send trillions to other countries and have kickbacks coming into their bank accounts. When they send several trillions to other countries. Several million to various theatres around the nation. All of this has a direct effect on the stimulus for American workers (not). We enjoy watching our money being wasted and our wealth being depleted. It feels like they're doing us a favor with our own money. It's our money, not their's. How about keep your money and open America up !!! We don't want your handouts !!! Inflation and higher taxes are the Future.Can't wait to see what an American version of Venezuela looks like when the dollar collapses. Venezuela 2.0 is what's coming to America. They give us $2000 and we give them back our freedom!! Bought, bribed, and bullied. At some point, the government runs out of other people's money ; then the country collapses. It's a sad time for 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. Oh let's see, let's ruin our currency and let's not have any money. Well, y'all better get your Victory Gardens going. Because we're all be poor. But the rich get richer. And the middle class will have no money because our money will be worthless! Hope you all bought some hard assets: gold, silver, farmland, or even bitcoin when you had a chance. Because our money is about to be flushed down the toilet, then your taxes will go through the roof. You do realize they are just giving you back your tax dollar. It's not their money! then they will raise taxes even more! The only solution I see is to convert debt into equity. The longer we print our way out of the impending crash, the worse it gets. Pretty soon we will need austerity or inflation will get out of hand. Either one will pop bubbles. We will be bankrupt and owned by China in 3 months. They will give us $2000 then raise everyone’s taxes to pay for it. Wake up America!! They can't just keep printing money. Someone has to pay it back and that'll be us in crippling taxes. The best stimulus package they can give us is opening our economy back up!! We live in interesting times. Our country is so deeply in debt that we can never, not ever repay it. Our economy is debt-based, our corporations are borrowing cheap money to drive up their stock prices. Medicare, Medicaid and Social Security have unfunded liabilities exceeding 155 TRILLION dollars. Our real budget deficit exceeds four trillion and our trade deficit is $867,000,000,000.00+. We just elected a Socialist government that will increase the debt exponentially, increase the debt with free stuff for everyone. Their Green New Deal alone would cost up to $93 trillion, or $600 per household, study says. Time to face reality? Likely it's too late. "They that sow the wind shall reap the whirlwind" . We are living in a fantasy world, a utopia where everything is free because we can create free currency from nothing to pay the bills. Everyone is now waiting for their $2000 check, soon there will be a basic minimum income for everyone, and why not, it's just money. We have a cancel culture, the next step is to simply cancel the debt. The millennials believe something created from nothing by wasting mega kilowatts of electricity is worth $42,000 .... a digit. These "digits" created from nothing are the New World Order currency that no one accepts and 75% of the population of the world knows nothing about. What could possibly go wrong? And wait until quantum computers come out one day and find a flaw in blockchain technology that can be exploited. If that happens, the floor will fall out. With all of the free money being printed, paper money will soon become worthless, but that's probably planned; like I said,;they will cancel the debt, as it cannot be repaid. What happens after that, and how much a hamburger will cost will be frightening to think about. However, there is no reason to believe the bitcoin system is not already flawed. I view the possibility of a Ponzi-like scheme inherent in the software which will not become apparent until the panic of a mass exodus reveals it. Take as an example the Bernie Madoff scenario which operated for years with a failed model, which was no model at all other than new money coming in. There was no underlying investment, no asset. Ironically it is already evident to even the most casual observer that there are no assets to bitcoin which is nothing more than an arbitrary construct and waste of electricity. Bitcoin, not a coin, not gold, is just a failed currency in which millions of millennials have faith. It is the worship of a digit created from nothing. Rational beings understand that something cannot be created from nothing. If Bitcoin goes to 50k, and you can't actually hold it. I see criminals & countries turn their hacking attention to liberating bitcoins from holders wallets undetected. This is just the washing of weak hands looking for a quick score. Stock market is running on algorithms, no feelings, no worries, just a machine buying and selling and with corporations buying back their own stock to make shareholders happy. Real gold holders have to deal with their emotions. This is the rub. According to Carl Menger, commodities have use-value (which is the value the commodity has because of its utility) and exchange value (the value a good has because some one else can use that commodity and give you something in exchange). But, for a commodity to have exchange value, it has to have use value by someone else. Bitcoin has exchange value, but no use value to support it other than the belief of some people that they will get rich by just holding it. Even the dollar has use value, as you need it to pay debt and taxes, but there is nothing you can do with bitcoin other than trade it with someone else. Citibank, JP Morgan, Mass Mutual, Stanley Druckenmiller, Paul Tudor Jones - early adopters. They're all projecting $300,000 bitcoin in 2021, based on the mathematics of the stock-to-flow model. Gold can't even get past $1900 in the face of historical money printing? Is there anyone naive enough to believe gold prices are not manipulated by the naked short selling of paper gold derivatives? This is just more manipulation to frustrate you out of gold and into crypto and other euphoric asset bubbles. When the end of the massive mob-mentality casino is over, gold will smile and say "How do ya like me now?". It can also be manipulated up. In the past bull markets, the short sellers lost their shorts and were left with their derrieres exposed. They will have to cover their derrieres and the price will go up. This will be the year of extremes, the markets will collapse. Gold, silver, and mining stocks will skyrocket. The failed concept of Socialism will be revealed first hand to the American people, the majority of which apparently believe you can get something for nothing. Look at bitcoin, it is an example of the woke meme of millennial indoctrination. Participation trophies for everyone, basic minimum income from Joe, debt forgiveness, free checks in the mail, it's all the same something for nothing mantra. It is not at all surprising that millennials will pay $42,000 for a digit created from nothing.But at some point, the dream will turn into a nightmare. Gold no longer has a correlation with anything, it is being kicked around at will. The most rigged market that is traded. And who cares about unemployment numbers! Those unemployed have bitcoin;everything is awesome! Nothing makes sense, the economy getting worse, stocks rally and gold sells off. It's all rigged. We are in the matrix. I really hate to burst anyone's bubble but if Bitcoin is purported to assume gold's mantle it is just setting itself up for the biggest kicking in human history. If and its a ginormous if, if bitcoin is not absorbed by officialdom in a haze of taxes, penalties and quotas then it will be viewed as "other" and will be destroyed as the criminals have tried (but not succeeded) with gold. Only with this extremely important point of difference bitcoin is retained digitally, and it's physically kept on a server and there is no ongoing and established paper trail or hard physicality to it's ownership. That will also add to the ease by which it will be wiped. Crypto is just yet another promise to pay. $2000 stimulus going into bitcoin not gold this time around. It is going to inflation. You better watch it the masses will create inflation. Just like when you would get a pay raise the business around, you would put up prices, or have you over worked. And from there, it'll vanish into thin air. The Fed and Central Banker show to buy US Stocks will only last for a short while longer. Then when the inflation lid is blown off, we will see $5k gold by the end of the year; and from there, it is to the moon. Considering how franticly people are getting herded towards the Stockmarket and Bitcoin, it is not very hard to figure what happens next. Can anyone hold my bag please? 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. And Thanks for your valuable feedback.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

No comments:

Post a Comment

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?

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