Saturday, January 2, 2021

👉Prepare for The 2021 Housing Market Crash and Economic Collapse

👉Prepare for The 2021 Housing Market Crash and Economic Collapse Bubbles, houses, stocks, bitcoins are revealing strong inflation. Too much money in circulation! We are in a world of hurt! The stock market and housing market are in incredible bubbles, and when they pop, it will be fugly! The value of every dollar in your wallet dropped by 7% last year alone because the Federal Reserve printed over three trillion dollars worth of money unsupported by GDP. Let's throw more money at a problem and wonder why our dollar buys less and less as a result of too much cash on a stagnant economy. The dollar is down 7% for the year. That comes directly out of your wallet. Jeff Bezos thanks you for your contribution. The Federal Reserve Board is draining your wallet at the rate of 7% a year in order to bail out businesses that have no reason to exist. The only reason Amazon exists is because they do not pay for the environmental damage they cause. Buying a product from China because it's one penny less than the same product you can buy across the street is only possible because the price of fuel does not incorporate the cost of climate change. Jeff Bezos has shutdown governors to thank for his trillions. The 1% will concentrate more wealth as more people in the middle class will continue to slip into poverty. This was obvious nine months ago. When the Governors strangled private businesses (versus large corporations that were largely left alone because of their tax dollars being needed by the government), the threat to homeownership should have been on everyone's mind. Stay safe evidently means you lose your home. Then what do they do? The wealth transfer from the middle class to the politically connected will accelerate. Mom and Pop were shutdowns. They weren't big enough to be able to afford lobbyists. Trillions more in dollars created by government decree. Just what we need! The government always needs to take action to fix the problems it creates. It makes things worse, making for further calls to take action. Rinse, and repeat. Local banks and my congressman's office insist that there are no funds for landlords. This housing bubble bust will be much worse than in 2010 because prices and debt loads are much higher. It might be a good time to short banks. Oops, scratch that thought because the Treasury Department will just print more fiat currency, continuing to devalue the dollar. The government lockdowns in response to the pandemic, has hastened the deflation of the commercial real estate bubble. According to CoStar Group, an estimated $126 billion in commercial real estate will be forced to sell at distressed prices over the next two years. That will eclipse the amount of distressed commercial property sold during the first two years after the 2008 financial crisis. And all of that printing will result in hyperinflation, those criminal pricks could've turned it around in 2008, but no, they couldn't do that. They couldn't have short-term pain, and now the problem is far worse than 2008, so the pain will last a decade maybe more, after everything but silver and gold bubble pops. The Fed has been printing endless amounts of money since 2000. The past three presidents have been addicted to debt. The chickens will come home soon, and you don't want to be long anything. Dump trillions of free money to Wall Street; the market should be up. Now we need some thrown at the main street. $6 trillion for them, $600 for you, see how it works! In other words, a big fat mess. Look for a painfully long recession, bordering a depression and collapsing the middle class. The Treasury will be printing money and borrowing from China just as interest rates start a steady rise into double digits. Either Venezuelan socialism or Cuban rebellion awaits us. 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. The banksters and mortgage servicing companies are allowed to suppress the actual delinquency numbers as long as those debtors are considered "under government forbearance," be it local or Federal. The reality is that once these limitations are lifted, all hell is going to break loose. Allowing mass evictions will not help anyone. The reason home prices are increasing by record amounts is because of low-interest rates. Zero Fed rate and their money printing put money into the pockets of investors who are picking up real estate like nobody's business. You think you own your home, come to the next downturn, and you might find out you are renting. The bad news is that the low-interest rates, low inventory, and high demand for better work from home accommodations have driven up housing prices to unsustainable levels. As soon as the unprecedented fiscal and monetary stimulus measures start to ratchet up inflation, interest rates will rise, and housing prices will plummet. Heck, even a modest recovery with normal inflation and normal interest rates will bring the housing market crashing down. The bubble started summer of 2020, as low-interest rates sparked a buying frenzy. The prices were very high at the same time. Sadly, those who bought last year will regret it because prices will only come down, and interest rates will remain low because the Fed cannot raise rates. Regardless, the idea of paying $250,000+ for a house is insanity. It’s a chain around the neck that lasts 30-years. This system is made to keep you enslaved, and hopefully, by the time you paid it off, you aren’t diagnosed with dementia. Translate Mortgage = death pledge. Work from home is not permanent for most people. What happens when those people who moved to rural areas had to come back to the office? That's going to be interesting to see how that plays out. Some companies like Twitter told their employees that they could work at home indefinitely, but one would assume others will want their workers to come back. Residential real estate is completely supported/propped up by the Federal government and Federal Reserve banking system via debt. Even more so than health care, student loans, agriculture, etc., Price discovery isn't allowed to happen. Using rising home prices as a way to accumulate wealth has been a successful strategy for decades, except for the hiccup in 2008. If it stops working, there will be a whole lot of Americans who find themselves a whole lot less wealthy than they thought they were or would be. Leverage works in startling ways. If you put 10% down on a $250K house and it goes up 10%, you've doubled your money. If you put 10% down on a $250K house and it goes down 10%, you've lost all your money. Buying a home and getting a college degree were tickets to the middle class for generations of Americans. Past results do not guarantee future performance. The government doesn't care about small businesspeople. They'll be perfectly happy to let every one of these small landlords go bankrupt, so their hedge fund buddies can swoop in and buy their properties for next to nothing. Ultra-low interest rates have not helped home buyers. What it did do was inflate home prices, thus property taxes, and resulted in buyers being bigger debt slaves. Homebuyers today assume the economy will be robust for their next 30-40 year mortgage, and prices only go up. Just wait until the bubble pops, and their 20% or more they put down disappears when they get foreclosed on. Raise rates and stop the madness and destruction of the younger generations. The only people that benefit from this are people who bought years ago. Those days are over. It is wrong to destroy the younger generations. The hyperinflation caused by the trillions in new debt and fiscal stimulus will wipe out older people with savings too. The Fed is out of control. The Fed is destroying our nation and our economy by keeping interest rates where they are. Raise the rates and let natural selection run its course. Not every homeowner, business owner, a person has a god-given right to live over-extended and let the taxpayers pick up his/her burden. If you are not financially literate and cannot pay your debt, you should lose your asset. Simple as that. Over-extend and pretend has been the game all around, not just in housing, for a number of decades. The pretend economy with everybody acting like believe, but not really, but putting on that face so that others think they believe and everybody pretends so long they forget what is real. It has been the government's goal since the 2008 crash to right side upside down homes. They have accomplished it by printing money and lowering interest rates. The problem is that now many will never be able to afford a home because many salaries did not keep pace with home prices. -- Before that, it was Clinton and Bush Jr that pushed for everyone to own a home, which leads to the financial crisis of 2008. So in the full circle, the government at its best screwed the ones they were trying to help and many of the younger generations. The Great Banking Coup of 2008 made owning a home and rental property hazardous to one's financial health for the small operator/owner. Buy a rental house, some used furniture, appliances, etc., and ZIP! Now your renters don't have jobs and can't pay rent. As well as yourself may be out of work and can't pay the mortgage on your own house, let alone the mortgages on the rental, or 2, or 3, that you may own. But don't fret; JP Morgan's Jamie Dimon and the other CEO's are concerned for you. Too Big To Fail made people like me angry last time. Didn't matter though, they had the power to force it on us. They will again this time too. The new forbearance extension is not for multifamily homes. Only single-family homes are covered on the new extension. I think some multifamily homes will be coming on the market shortly in the next six months. Landlords have too much equity and will pay the 15% capital gains. The reality of our situation is that our empire is disintegrating around us, and there is nothing we can do now to stop it. This must be how it felt to be in Rome before the fall. And wait till Biden takes over. Dark Winter is coming. Biden said so himself. Lifeguard and the Mouthmaiden will drag America into the abyss to please their Chinese Masters. Biden and Kamala are going to cause the economy to nosedive as they also raise taxes, and new policies and regulations that take away more earnings and gas prices will go up. The politicians and the rich elite will enjoy more money while the rest of America struggles to make ends meet. Pay your rent or buy a tent. 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