Saturday, May 8, 2021

👉Banking Crisis Approaching as The economy is Already Overdosing on Cheap Money https://youtu.be/Et3GVRtqELE

👉Banking Crisis Approaching as The economy is Already Overdosing on Cheap Money https://youtu.be/Et3GVRtqELE We are in a freefalling economy. Our entire manufacturing sector is in free-fall; the Service sector is in free-fall. Our debt and deficit are exploding. And they are calling it a booming economy, when in fact we are headed towards depression. And most Americans are already there, as poverty and homelessness are exploding. The Dollar has constantly been falling for a year. In twitter investment communities lot of bearish prognosis. China is buying gold massively, EU has managed to balance their budgets by cutting expenses, The US is the only one left printing dollars. Billions of stimulus money vanishing into the stock market heaven! What a great use of taxpayers' money. When the government is in control of the market, they will take it higher and higher to fund programs. The markets are now the engine that drives Social Security, retirement accounts, pensions, etc. Massive influx of new welfare cash is about to hit and drive the next leg up. Trillions in deficit, runaway social programs, I mean "social infrastructure investment", 20 million workers drawing unemployment benefits ; highest budget deficit in history of the modern world . The dollar has been weakened so much already that every additional stock purchases by the Fed exponentially weakens the dollar. They have created perfect storm. If that continues, then 1.3 next week. The US has to collapse the stock market, that's the only option saving US Dollar. We are one step away from hyper inflation. The recent rush to buy houses and properties is a good indicator that there is a concern about the amount of money being printed over the last 12 months. History has shown that long-term fixed-interest plus fixed-payment real estate is the best hedge to hyper-inflation. The money printing press is running day and night for buying goods and stocks from other countries. The Fed inflates assets 100% by devaluing the dollar, no wealth is generated. The purchasing power or value of the asset HAS NOT CHANGED. Capital gains taxes need to be derated for inflation otherwise its straight up theft by money system!! You can count on the Fed doing the wrong thing every time. Both of those things that have worked in the past were used .The Fed is now running out of tools. What will the Fed do when all of the world’s toxic financial waste goes bad at the same time? Because it’s this toxic waste, that’s the real problem, and the Fed seems intent on ignoring it. The Fed is running out of ammo. 1% left to cut. So MEGA QE next. That is not bullish at all. The Fed had been doing QE since last September, wondering what they are going try to come up with this time around after they run out of rates to cut. Punishing savers and rewarding Wall Street with free money to borrow and buy back shares. $10 Trillion in BBB bonds. In a few months' recession overdue, those bonds get downgraded, pensions need to dump, they lockup. The Fed has been goosing to this pathetic economic recovery. $100 billion per month deficit and lowered interest rates leave no dry powder for a recession. The USA is bankrupt. The economy is already overdosing on cheap money. The Fed is impotent. They can't fix this. The house of cards it built will come crashing down on it. They're running scared, knowing they are using up the little margin they have before they have to go to negative interest rates, which will never fly in the USA. The markets, both participants and manipulators realize that the honeymoon is over! This market is sobering up, and it is not going to be pretty when they take a long look at the creature they are in bed with. The system has gangrene rotting from the inside, and they keep giving it aspirin hoping it will heal. The fed busted their nut, and it didn't work. It already does smell like panic, and from the highest level. When the Fed panics, and it is apparent to all, the cascade will be epic as panic spreads down the food-chain. The run to the exit doors will be a sight to see. Global economic slowdown more significant than previously thought. No surprise to ANYONE who follows my videos. The US and the world economies are in free-fall. If you think cutting to near-zero rates solves the problem, you are part of the problem. The near zero rates just confirms we're in the endgame now. Buckle in everyone ,and hold on your metals! 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. Thank You. What's coming is a Depression, not a recession. Paying the government to hold your money while the government (the Fed) promotes an inflation rate that peals 22% to 28% off your dollar in ten years! Who are these central bankers that dictate to us, yet are immune from the ill effects of their own policies. Why do you think the New York Fed is loaded with people from Wall St? So they can front-run the rate cuts. The power that be have crushed savers, conservatives, anything prudent, logical, or forthright for the last 20 years. The market is the spoiled rotten child that screams for candy (the rate cut) from mommy (the Fed) when he gets the candy he continues to get even more spoiled and rotten, but if he doesn't get the candy, he throws a big hairy tantrum but at least learns he can't always get what he wants and maybe improves his attitude. The market shouldn't be rallying period. Fundamentals are tanking. The yield curve is historic- 10 years lowest in history, worldwide near pandemic. Why should there be any rally going on. The reading of the tea leaves is bordering on insanity. Most informed people know what is up. The Fed has levitated this market for decades. The move from 6600 in 2009 to almost 35,000 in 2021 would seem to indicate things have gotten frothy, shall we say. What has never made any sense to me is in order to get out of the last mortgage crisis the Fed decided the best course of action via TARP was to push loads of money out into the market to those who made the grave errors in the first place. And we are to believe this move was going to solve all our problems. The degenerate gamblers got the cash and went right back to the roulette tables. When people pound the table about how good the economy is, yet the Fed has to go (almost) all in at the slightest blip. Something doesn't quite square properly. It's been done so many times now that it's lost its efficacy. Rate cuts aren't doing it, and the Fed won't cut the players off by taking away the punch bowl permanently. The market is going to at some point have to go cold turkey, or we'll never get beyond this. The combo of zero interest rates (we're headed back there) and a good economy should be causing people to take a pause. The Fed seem like they just lost control. Powell is just another in a long list, dating back to Greenspan, of educated fools who after hitting the switch, discover that the lights went out and marveled at the raw power of the moment. This SMOKE and MIRRORS economy is about to tear itself apart. Powell realized that the debt and pledge crisis could not be resolved proactively, so he decided to kick the can down the road like his predecessors. The problem has been building up for decades. It can only be resolved after a major crisis ensues. It is a fundamental failure of democracy. I'm expecting the Fed's next move is QE5, where they directly purchase S&P and critical DOW assets to keep them from falling into the abyss. Prepare for a wild ride of market volatility over the next 3-6 months. It's a good time to be a nimble trader and a poor time to be an investor unless you are in precious metals and possibly the miners if they don't stomp those down in conjunction with pumping the market darlings. The FED doesn't have the STONES to not cut. If they had just done that a long time ago, we wouldn't be in this situation. It's warfare, and there's an enemy. Many people just haven't figured who it is yet. The Fed doesn’t care about the average American; all they care for is the banks and DC. Even the Fed themselves are just puppets of the IMF who are the puppets of the cabal. The criminal cabal elite has designed a fake economy, which in turn created a distorted society with no morals and no values. That's why everything is collapsing. Socialism for the rich does not work. Plato was right. You can count on the Fed doing the wrong thing every time. What the Fed should be doing is raising, because now they're going to Zero, and that will either make the markets zombie for decades, or Rates will rise dramatically as the banks collapse. Enjoy Powell and the Keynsians now because they're going blow up spectacularly, and it will be messy. If you needed another reason to get your money out of the banks while you still can and into precious metals where it can't be inflated away, confiscated, or used to bail in your favorite bankster, consider that now. Fed's chairman is the best salesman for more usurious debt that the banksters could ever dream of. The economy has never been more distorted, and we have never been taking debt on at such a fast rate. Communism is bad because there is no direct negative feedback for inefficiency - That is what The Fed promotes: MORE debt. But keep slamming pies in your face, clown. I find it amusing. Debt is the absence of money. Debt is slavery. Real money carries no counterparty risk. This paper is just bank credit,USURY. It is easier to fool people than it is for people to admit they've been fooled, said Mark Twain . What You Think Is Controlled By What You Watch, And What You Watch Is Controlled By The Elite. With forever QE and zero interest rate forever, stock ownership will replace the dollar. Soon Costco will only accept shares of Tesla for payment for toilet paper. The Fed knows the pandemic is the perfect scapegoat for their bubble blowing and massive wealth transfers. And they are going to use it to transfer five times as much wealth as they stole after 2008. Such a fascinating world we live in. 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. 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