How the Feds Blackmail Colleges and Universities https://youtu.be/536Ldjc-3w4

How the Feds Blackmail Colleges and Universities The Washington Post reports that a group of thirty-three current and former students at Christian colleges are suing the Department of Education in a class action lawsuit in an attempt to abolish any religious exemptions for schools that do not abide by the current sexual and gender zeitgeist sweeping the land. The plaintiffs argue that by holding to orthodox Christian teachings on sexuality these universities are engaged in unconstitutional discrimination due to the federal funding they receive. The lawsuit, filed by the Religious Exemption Accountability Project, is timed to coincide with the passage of the Equality Act (which I recently discussed here) in the House of Representatives and to give narrative momentum to the push to force the progressive conception of sexuality and gender upon private institutions. The director of the Religious Exemption Accountability Project is explicit that he hopes the lawsuit will ensure that there are not any religious exemptions if the Equality Act ends up being a law. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

New Strains Have Turned Brazil Into A Biological Fukushima https://youtu.be/ZcVCIhti0iA

New Strains Have Turned Brazil Into A Biological Fukushima https://youtu.be/ZcVCIhti0iA Just when it seemed like the U.S. and Europe were starting to get the COVID pandemic under control, extremely dangerous new variants that have emerged in Brazil threaten to plunge us into an even more deadly nightmare. As you read this article, hospitals all over Brazil are packed to capacity and thousands of people are dropping dead each day. But the COVID that is currently ravaging Brazil is not the same COVID that the rest of the globe has become accustomed to dealing with. Authorities tell us that a total of 92 COVID variants have now been identified in the country, and these variants have sent the death toll absolutely soaring… The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

👉Warning to America: The Greatest Depression of All Times Approaching Worse than 1929 : Be Prepared! https://youtu.be/dim53rt7Uww

👉Warning to America: The Greatest Depression of All Times Approaching Worse than 1929 : Be Prepared! https://youtu.be/dim53rt7Uww Warning to America: The Greatest Depression of All Times Approaching Worse than 1929 : Be Prepared! The Greatest Depression of All Times Inflation, hyperinflation, financial collapse, societal collapse, and world war III. The only unknown is the timeline. Lowered FED balance sheet, higher than expected unemployment, and the stock market at levels hedge funds previously sold a lot. And just wait until the record level margin debt starts to get called in. The Modern Monetary Theory an example of “a scholarly snow job” that “provides a cloak of credibility for Congress to spend unlimited amounts and for Congress to monetize that spending. Currency devaluation destroys the purchasing power of the holders of the currency that they earned by their own efforts and risk. It increases prices but not intrinsic values; that's not GDP growth. Currency devaluation is a default on the promise to repay the purchasing power that was present in the currency when it was earned or borrowed. It destroys wealth, which is theft of purchasing power. Just look to Weimar Republic, Zimbabwe, and Venezuela, to see how currency devaluation destroys confidence in the preservation of purchasing power. Central bankers have pumped the biggest wealth gap in human history, the cure for which their media tells us - is socialism. America's Worst Economic Depression is approaching. Be Prepared! It will hit the US before 2022, and World Markets will follow in no time. The sweeping nature of this pandemic that has rocked the global economy has created so much uncertainty. And as people cautiously begin to emerge from isolation, the economic as well as psychological damage (on macro and micro levels) is done. The bottom line is: We all need to figure out new ways to evolve and live in the next decade because that’s how long we’ll be dealing with the fallout. The United States is undergoing a profound and radical transformation, all features of which point to the fact of its departure at an accelerated rate from its largely self-proclaimed status as a global hegemon. The United States has lost ground in every single category that defines the power and status of a nation in relation to its rivals. We outsourced almost all our manufacturing to China. We sold our souls to Satan, and the CCP sold us the rope to hang ourselves. New jobs are for waiters and fast-food servers. Dumbed-down American students get degrees in sociology and art history, while the Chinese major in science and technology. Our borders have been throw wide-open as millions with no education pour in for their free stuff. The CCP has no need to fire a shot; we are just failing more every day as we print TRILLIONS and TRILLIONS to paper over the black hole of debt. There is no way back. Universal Basic Income to sit at home and do nothing is on the way. Our leftists want a war with Russia and China as a distraction, but that will turn out very badly for all. We had a good run, but the oligarchs took total control and will just flee on their yachts as our cities burn. Prepare for the very dark communist days ahead. Over 18 Million Americans Are Still On Government Jobless Benefits. UBI is here to stay folks. You will own nothing and be happy. America’s greatest economic problem today is debt. If you know much about economics in a free market economy, then you know an economic depression is imminent when debt gets too high. America has progressed from a significant creditor nation at the end of World War II to the greatest debtor nation in the history of the world today. This is how America got into its economic mess and how it will ultimately adversely affect individuals and businesses not only here in America but worldwide in the decades ahead. America's Worst Economic Depression unleashes its' fury. You need to prepare for this storm. The silver lining to this economic storm comes with your ability to profit rather than lose upwards of 30-90% of your net worth when this economic depression strikes. There's no time to delay. Prepare for the Coming Economic Depression so you might survive it! 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 current crisis is not like 2008 or even 1929. The New Depression that has emerged from the pandemic is the worst economic crisis in U.S. history. Most fired employees will remain redundant. Bankruptcies will be common, and banks will buckle under the weight of bad debts. Deflation, debt, and demography will wreck any chance of recovery, and social disorder will follow closely on the heels of market chaos. The happy talk from Wall Street and the White House is an illusion. The worst is yet to come. The reasons for the catastrophic decline of the American nation are a range of factors from the economic (especially energy) to cultural, technological, and military factors. America’s deindustrialized economy is now deeply affected by what can only be described as a massacre of her small and middle-size businesses and the implosion of the US commercial aerospace industry. America’s only driver of real growth, the shale oil industry, are facing realities that may make the Great Depression pale in comparison. The precipitous moral and professional decline of the always mediocre qualities of the American elites, from the corridors of political power to those of the military and business, is now spiraling out of control. America’s disintegration is irreversible because the ruling elites are an organic part of the calamitous sources of dysfunction that have destroyed the country. More alarmingly, the trend also points to the possibility of the actual physical disintegration of the United States as a unified entity—whether the divisions are ethnic or ideological. The most profound fault line is cultural—between the Coastal self-proclaimed elites backed by the secular, liberal media and the deep state, who promote the most radical ideologies as it concerns gender and race, and the working class majority whom the former polemicize as deplorable, Christian fundamentalists, white supremacists, and climate and science denialists. This generation has become the hostage of the debauchery in economics, foreign relations, and culture that the Baby Boomers’ generation, most of whom never experienced any kind of serious difficulty in life other than boredom, unleashed on both the United States and the world, the minute they found themselves off balance due to trends in the world which originated in the scientific and technological revolution, which also globalized the world through the electronic mass-media. This was the downfall of what has become commonly known as the Davos Culture. The expanding freedom of exchange of ideas and information (now being curtailed) disclosed to many that for all the glitz and glamour of the DotCom billionaires and the “green” evangelicals, the world was and is still operating based on energy, machines, real production, and what amounts to basic physics and mathematics. iPhones do not grow on trees. They require gigantic resource extraction and processing cycles, which involve millions of people still getting every day into the coal mines somewhere in China. They require an electrical grid, the CNC and lithography machinery, which is being built around the world; they require massive metal ships and aircraft made out of aluminum, requiring bauxite to be extracted from the ground, they require the millions upon millions of engineers, designers, workers, doctors, and teachers who run the actual wheels of modern civilization. America has forgotten how it all works. It couldn’t have been otherwise. An increasingly pornographic culture dominated by celebrities, sports stars, and media personalities, most of whom are barely educated in any practical sense but are nonetheless enabled to pontificate on subjects they have no clue about; such a culture was inevitably destined to crash. It was also destined to ignore the most important features underpinning modernity. The proper valuation of labor and the distribution and control of the national treasure, while focusing on fake intricacies of the “equality” of races and genders. Investigating these factors sheds light on America’s future which holds very little promise for the country which had once proclaimed itself to be a shining city on the hill. The American collapse is not just coming. We are presently experiencing it. How can we deal with a catastrophe which is unfolding before our very eyes? Disintegration lays out some possibilities. This time it is not The Great Depression that is coming, but the Greatest Depression. The king of them all. Unlike 2008 this one will have the human despair of the dirty 30s. We don't have the money or credit to save our backs like last time. And we didn't even do that. The Fed just held the rates to the floor, and Obama got an easier ride. Glass-Steagall separated the money creation side of banking from the investment side of banking. It also stopped the money creation side of banking from trading in securities. The people that put it in the place knew what it did. The people that repealed it didn’t. Without Glass-Steagall, the bankers could create money to buy securities they produced themselves in a Ponzi scheme. This is what they did. You will never have banking again in this country as long as the banks sweep your accounts every night and invest them in the stock market. This time it is not going to be a sequel of 1929, the Fed is not going to sit by and let the Money Supply fall by 1/3 to support the dollar and gold standard, more they will pump again in old QE playbook, and there will be inflation, high-interest rates, austerity, bailouts, and difficulty financing the national debts around the globe and some sovereign defaults. There are many people who like to insist that "debt is just a social construct" and that it can be rendered meaningless by just deciding to zero out the books. But this is not true. Any debt, once issued, has to be paid back in some form or another, either by liquidation (i.e., paying it back in hard currency), monetization (inflating the money supply), or default (sacking assets to pay creditors). As mysterious as it may sound, there is simply no way to not pay back debt. That's because debt represents consumption in the present that is borrowed from the future, and you cannot consume that which has not been produced. As Say's Law stipulates, we pay for products with other products. Therefore, in order to make good on what we've consumed in the present, either somebody is going to have to produce it again in the future just to replace it (at no profit to themselves) or we're just going to have to do without it in the future. There is no other alternative. The very laws of causality themselves do not permit us to wriggle free of debt without paying it back. "Verily, verily I say to you, you will not get out of there until you have paid the last penny." This is a rather frightening prospect to imagine once you take account of the untold trillions of liabilities we've already heaped up to ourselves. All that we see around us, practically the entire American economy and all its infrastructure and capital assets, is already pledged just to fill in the production hole from what we've consumed without paying for it. We have already destroyed ourselves. We are only awaiting now the firm, fell footsteps of the Reaper. Money can only be created through the issuance of more debt. The whole shitaree collapses when people quit taking on debt, and the velocity of money dries up. Our entire way of life was built on sound money. We hadn't had sound money since 1971 or arguably when the FED was created in 1913. Nobody wants this shitshow to end more than I do. One day we will be vindicated at great cost and suffering. There will be no "I told you so" because people are just stupid, and everyone will be doing what they have to do to survive. Our world then will be one ugly, horrific place. I hope to hell those people learn from the mistakes of 1929, the intervening wars, 2008, and the last great debacle. It's got to get a lot worse before it gets better my friends. Here is my recommended list of basic investment priorities. Food, water, shelter, self-defense, fuel, toiletries (that is unless you have enough worthless $1 bills to wipe with), reliable transportation (preferably an older model 4x4 diesel pickup), tools, rural land with water rights, and some kind of camper trailer, possibly some precious metals. In my opinion, any responsible adult would invest in some or all of these precautions to help ease the stress of many scenarios. Got a 4o1K? Get your money out now. So what do you think? Are we headed for the greatest depression in the history of mankind, or is everything fine and dandy, and there is no need to panic !? Let us know what you think in the comments section below. This was The Atlantis Report. Please Like. Share. 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

The Truth About The Latest Jobs Report And Productivity

The Truth About The Latest Jobs Report And Productivity The Jobs report published last Friday blew through expectations with payrolls booming. Indications are that 916,000 jobs were added in March. Non-farm payrolls show America has now added back nearly 14 million workers into the workforce. This constitutes about 62 percent, of the 22 million jobs lost in the spring of 2020 when COVID-19 and lock-downs shuttered businesses across the country. This has dropped the unemployment rate back to 6%. The goal of this video is to get people to think about productivity and how it relates to unemployment. As noted so often the official unemployment rate of 6.0% is somewhat misleading. It does not count the people who want a job but gave up or all the people with part-time jobs that want a full-time job. It also ignores all the people who dropped off the rolls because their unemployment benefits ran out. To get a clearer picture of the unemployment rate many people look at what is known as the U-6 number which stands at 10.7%. Both numbers would be much higher if not for the millions of workers that have simply dropped out of the labor force for a slew of different reasons. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

👉The Secret History of Money, Banking And The Fed Unveiled !!

👉The Secret History of Money, Banking And The Fed Unveiled !! The Secret History of Money Banking And The Fed Unveiled !! While we all use money, few of us realize just what we are using. So What is Money? Where does the money come from? Where does it go? Who makes it? The money magicians' secrets will be unveiled in this video. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money. A dry and boring subject? Just wait! You'll be hooked in five minutes. What is Money ? The force that makes the world go round—the dollars, pounds, francs, marks, bahts, ringits, kwansas, levs, biplwelles, yuans, quetzales, pa’angas, ngultrums, ouguiyas, and other 200-odd brand names that collectively make up the mysterious thing we call money. We can trace our relationship with money from primitive man’s cowrie shells to the electronic cash card, from the markets of Timbuktu to the New York Stock Exchange.Money took a myriad forms of exchange , and has affected humanity, and continues to shape all aspects of our lives. Money constitutes the focal point of modern world culture” and it has done so since classical times. The coinage of the first money in Lydia unleashed a revolution in commerce that transformed the Greek world. The ancient Greeks would use money to create a commercial civilization that spread to urban design, politics, religion and intellectual pursuits. This new social network founded on commerce and money gave rise to a new political system,one based on wealth. The Romans created the world’s first empire organized around money promoted the use of money and organized all of its affairs around the new commodity. But Roman civilization failed in the long run ,mainly because that system of money was mismanaged. Unlike Athens or Sardis, “Rome produced very little of anything nor did it serve as a major mercantile crossroads of commerce.” The city was simply an importer of wealth from its expanding empire, but conquest and pillage proved capable of financing the empire for only so long. By the reign of Trajan (98 to 117), the cost of conquest had surpassed the value of riches it brought into the empire. Meanwhile, vast sums of Roman specie flowed east to pay for a never-ending stream of luxury items. “Step by step, the imperial government took over the direct administration of the economy … Rome had become another state administered economy, an empire without money and markets.” The classical money economy collapsed not to return for another thousand years. The Renaissance reintroduced money back into civilized society. Major advances were made in the management and measurement of money. In 1202, Leonardo Fibonacci introduced the use of Arabic numerals and in 1487 Luca Pacioli described double entry bookkeeping. Meanwhile, modern forms of banking emerged on the scene, first in the form of the Knights Templar in the 1200s and then, after the Knight’s decimation by the French King Philip IV in 1310, the northern Italian banking families led by the Medicis of Florence. “With the rise of Italian banking and the Renaissance.A new type of civilization began to emerge. It would take the massive inflow of gold and silver from the New World to complete the process. From 1500 until 1800, the mines of the Americas provided 70% of the world’s output of gold and 85% of its silver. The gold alone was valued at over $36 billion. The immediate result was a price revolution, a 400% increase in prices in mainland Europe, but also a much wider distribution of coined money than ever before. “Just as the banking revolution had increased the amount of money in circulation and brought merchants from all over Western Europe into a single commercial and financial system ,the increase in silver coins brought the lower classes into the system.” Phase Two, “Paper Money,” lacks the chronological structure of the first and suffers because of it. The basic premise is that paper money has had a haphazard and contentious history. As early as the 1200s, the empire of Kublai Khan issued paper certificates in place of specie currency. However, Neither China nor Europe became the cradle of paper money; rather, it was to be North America.” Or as John Kenneth Galbraith observed, “if the history of commercial banking belongs to the Italians and of central banking to the British, that of paper money issued by a government belongs indubitably to the Americans,” who financed their war of independence largely through printing dollars and then, during the Civil War, created the modern system of paper money through the National Bank Act of 1863. For centuries, beginning in the early 1600s, paper currency was backed fully by gold or silver. The Bank of England introduced the first gold-backed system of paper currency and created a global financial network. Nationalized in 1946, the fate of the Bank of England was a major victory of politics over banking and of government over money. Indeed, “Throughout the twentieth century, the power of governments to control money grew tremendously in virtually all parts of the world.” By 1971, the powerful US dollar had been untethered from gold. The value of the American dollar, and nearly all other forms of national currency, “no longer had any independent value; it depended entirely on the people’s confidence in their political system and leaders.” The third and final phase is “Electronic Money". The invention of the ATM in 1971 was the third great revolution in money after the advent of coins 2,600 years ago and paper money 500 years ago. Cash has become largely the domain of the poor. “In the modern two-class system, the poor pay with cash while middle-class consumers use plastic and checks.” Then we saw the creation of credit cards and modern currency trading, among others. In the mid-1990s, we saw the development of crypto currencies in the age of the Internet. People will create new uses for electronic money that we cannot even imagine and that could not have been possible with the earlier forms of money .Money will never again be what it was. The great struggle of history has been for the control over money. It is almost tautological to affirm that to control the production and distribution of money is to control the wealth, resources, and people of the world. However, in the twenty-first century, control over money will be beyond the reach of any government or organization. In an age of free-floating currencies, including crypto currencies, with parallel and overlapping systems of money, no one will be in control; we are at the dawn of a new revolution, the Age of Money. 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. Today very few Americans know that the Fed is a privately owned bank operating for its own profit. It is actually part of a banking cartel that is controlled by eight families. Our government has no control over them. Their actions have profound results on the American economy. The citizens lose since the Fed will always do what is in the Fed’s best interest. The Federal Reserve is the monster inside every Americans' medicine cabinet, dark closet, and under every bed. We can't escape it, and yet we work harder each day to pay our taxes and bills, and even when we think we are sort of getting a little ahead, we are drowning due to inflation from a debased currency. Most don't know how to deal with this monster, so we ignore it and hope our ignorance will keep us from being one of the more tragic victims. However, make no mistake, we will all drown and be destroyed by this monster...except for the 1% at the top, which will always and forever keep their pile of riches. And the amazing part is that this monster is actually CREATED by that same 1% in order to enslave fellow Americans. If that fact alone does not make you furious and ready to go to war against the crooks in charge, then you are living in a fantasy and delusional denial. Three families are destroying the US, and they are using the Federal Reserve as their main tool. How? By giving politicians free money which they can use to spend on their projects and to effectively buy votes. So these three families leverage the power-hungry types by giving them money as a means to get them power. In return, the power-greedy politicians agree to tax future Americans by force and give the profits back to these same families. It is an immoral scam, 100% unconstitutional, and yet it is the good ol' USA you live in right now! Feeling patriotic, anyone?? Who are these three families who are secretly waging war against every man, woman, and child in the US? The Bank of America, the Citibank, and the Morgan Chase. What will we do to fight against these families who are content to drown the rest of us so that they can not only survive but live in grandeur and luxury! This is exactly like 1917 Russia. Will we storm the bankers' palaces, strip them of power, and cast them down? Or will we just give up and let them continue to drown us instead? Who among you will rise up and reject the status quo? Who among you will throw off the modern slave chains, which now take the form of inflationary tax from the devalued currency? If any of you will stand up and say, "give me liberty or give me death," now is your hour to join the movement to ban the Federal Reserve. And it really is that simple. We don't actually even need to physically fight anyone. All we need to do is use the political channels to End the Fed. The main event is the establishment of the Federal Reserve in 1913. Since then, the dollar has lost 95 percent of its value. This means today's dollar is worth 5 cents in 1913 dollars, and it takes about twenty dollars today to equal the value of a 1913 dollar. So the main purpose of the Fed has been to devalue the dollar through inflation. This has allowed politicians to spend endlessly to keep themselves in power while pushing the nation towards bankruptcy. Other important events include FDR's confiscation of all privately held gold in 1933. What the government will confiscate in the next economic crisis to save itself we do not yet know. In 1971, Nixon was forced to have the United States default on its promise to exchange an ounce of gold for every 35 dollars, thereby taking the country off the gold standard. This allowed the Federal Reserve to print fiat money, meaning it could print as much money as it wanted. This has led to a national debt of $27 trillion and widespread economic and social disorder. The United States is now obviously in decline, and social disorder is spreading after a brief hiatus. Just look at places like Minneapolis, where the police were ordered to stand down and let the riots continue. Meanwhile, the rioters were having a great time destroying property, taking selfies, and posing for television cameras. Resisting arrest has been basically decriminalized in the mainstream media. It is apparent that the country is in the same "bread and circuses" stage as the declining Roman Empire. Today the bread is massive welfare spending and massive inflation of the currency. The main circuses are the biennial national elections which are the country's main form of entertainment. The elections are basically a ceremony where people pay homage to the myth that they govern. Meanwhile, the real ruling elites such as the Supreme Court and the Federal Reserve make all the important decisions. The politicians that you elect are run by these people whose main aim is to create a new world order (One world government a dictatorship with no free elections) Frighting but reality banks creating money by flooding the market with quantitative easing, which forces up the cost of living and lowers the interest rate for ordinary people while the rich get richer. Money is a medium of exchange; it allows people to obtain what they need to live. Bartering was one way that people exchanged goods for other goods before money was created. Fiat money is a government-issued currency that is not backed by a physical commodity but by the stability of the issuing government. Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy. Money originates in the form of a commodity, having a physical property to be adopted by market participants as a medium of exchange. The Bankers, and a few others, control this country, most of its media, and its significant politicians, through their control of a cartel deceptively called the Federal Reserve System. The same Bankers, and others, control other major economic powers through parallel control of their central banks, media, and politicians. Despite our “Founding Fathers’” vehement opposition to any central bank or government-issued paper money, their efforts to ban it constitutionally have been circumvented. Politicians, with few exceptions, cannot resist the appeal of being able to issue “fiat” (not backed by anything of value, therefore being able to be produced in ever-expanding masses until that particular economy eventually collapses) money because it seems much less painful than levying taxes, and virtually none of their electorate realize that its issuance enables the politicians to spend much more than they could ever raise through taxation while at the same time reducing the value of the citizens’ savings, salaries, pensions, etc. “Fractional reserves” enable banks to loan out close to 10 times the value of their real assets, dramatically increasing the amount of ever-increasing currency in circulation and proportionately cheapening its currency (therefore up to 10 times the country’s recently doubled national debt), and to earn interest on each of those multiples loaned. The Bankers and their fellow collaborators have learned that nothing inspires a country to engage in the massive issuance of fiat money like war, and they have therefore helped develop and funded “enemy” powers where none existed, then fostered wars among them, then financed both sides of those wars, then used their control of media to entice the ignorant public into believing in those wars, and reaped huge spoils from those wars, not only in interest on loans but in lucrative commercial monopolies received for their troubles. Groups of greedy idealists (of which Cecil Rhodes may be considered a prime initiator) began before World War I working toward a single, socialist/communist autocratic world government which would impose the wonders of the elitist British culture on all the world (including the Fabians and, in the US, members of the Council on Foreign Relations) which they, of course, would control. The economic and military strength of the US makes it difficult to subjugate to such a plan, so they need it (through its banks) to make massive loans (with no expectation of principal repayment but with government /US taxpayers guarantees) to less affluent countries, thereby dramatically economically and militarily weakening the US while distributing its wealth (on which they collect interest) to the less developed nations with examples like the US’s recent funding of Mexican drilling for oil in the Gulf of Mexico, and Brazil’s drilling for oil off its coast, while refusing to allow US drilling in the Gulf for “environmental” reasons, and blocking two pipelines that would have been environmentally far safer and better for the US economy and national security. Don't be an Ostrich awake. This was The Atlantis Report. Please Like. Share. 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

👉ALERT: Goldman Sachs & Other Big Banks Wave White Flag on The Dollar

👉ALERT: Goldman Sachs & Other Big Banks Wave White Flag on The Dollar ALERT: Goldman Sachs & Other Big Banks Wave White Flag on The Dollar The Government is bankrupt; The Corporations are bankrupt; many people are bankrupt and struggling. Yet, the Mainstream media narrative is suggesting that we are in an economic boom. Indeed if you are in the top one percent, this is the greatest economy ever, no question about it. The Fed is printing money at an unprecedented rate. The US government continues to borrow and spend at a torrid pace. The money printing press is running day and night for buying goods and stocks from other countries. The US prints money like there's no tomorrow. Most of those dollars go straight into the stock market, so it flies. GDP has to increase faster than money printing. Else The Dollar, in relative terms, is going to lose value. The dollar is going down the gutter. Talk about inflation. The interest rate is going up because of the massive money printing economy. We are spending with all these stimulus programs etc., more than double of what we brought in. This is immoral and unconstitutional. The dollar will be toast when this is all through. This is planned destruction. The death of the US dollar as the world’s reserve currency will have a negative effect on the lives of most Americans. Unfortunately, 99% of the population has no clue about what lies ahead. The Dollar is on life support, if not already dead, drowned in fiat devaluation and debt. Pretty sure the Dollar was destroyed a while back. Gluttony, greed, and sloth, but mostly arrogance. It is paper and electrons now. The Fed's money-printing policy is destroying the Dollar. All currencies will collapse. We are the reserve, so we are the big domino that will crush everything else. Fiat money always goes back to zero. Almost six months after Goldman Sachs Group Inc. recommended shorting the dollar, it’ is now calling it quits on the trade. The Dollar tumbled after Goldman closed its short the US Dollar recommendation. Since early October, Goldman Sachs had recommended shorting the dollar against a basket of major commodity currencies. Why did the US Dollar fall after Goldman closes its short position? Shouldn't it have gone up? This is a bear trap. Goldman Sachs is also reportedly preparing to issue its first investment channels for Bitcoin and other crypto-assets by the second quarter of 2021. Goldman Sachs strategists marked to reality their bearish stance on the U.S. dollar as they ended a recommendation to bet against the world’s reserve currency in the face of surprising strength. It is a HUGE sign that the dollar is about to crater. Also the Dollar’s Share of Global Currency Reserves Hits Lowest Level in Over 25 Years. The dollar’s share of global currency reserves dropped significantly in the fourth quarter of 2020, falling to its lowest level in 25 years, according to recently released IMF data. Globally, the dollar now makes up just 54% of global currency reserves. The last time the greenback’s share was this low was in 1995. The drop in dollar reserves comes “amid questions about how long the dollar can maintain its status as the pre-eminent reserve currency. Here are four things that are going to destroy the Dollar. #1. Endless wars funded by the Federal Reserve are absorbing the resultant debt. #2. Presidents that encourage cheaper dollars in order to pump economic numbers for re-election purposes falsely. #3. A House of Representatives that ignores their fiscal duties and spends all their energies on attacking the other party. #4. A Federal Reserve that ignores its 2nd and 3rd mandates under which they are allowed to operate. a. Promoting an inflation rate that yields a 22% price increase in ten years (stable prices). And b. Ignoring their "promote moderate (not extreme) long term rates." Record lows are extreme by definition. It is estimated that 50% of the hard dollars in circulation are overseas. And remember, all the central bankers (and politicians) that root for inflation all have inflation-protected pensions awaiting them. Some Wall Street analysts and several banks forecast that the pandemic will accelerate these pre-extant tendencies. For a start, “it’s expected that the dollar will lose value, as the economy recovers.” However, Citi bank launched the provocative idea that “the dollar will decline 20 percent” next year alone. According to Deutsche Bank, when the vaccination is over the environment will be perfect for a rally in risky assets, a weaker dollar, and stronger growth-sensitive currencies through the end of the year. A weakening dollar will favor US exports but also contribute to the destabilization of the world economy. Investors ought to be ready soon to ditch the dollar and grab substantial gains from a currently overvalued currency and related overpriced assets. We’ve been watching this de-dollarization trend over the last several years and the push to minimize dollar exposure by countries like Russia and China and their desire to undermine the ability of the US to weaponize the dollar as a foreign policy tool. The dollar’s slowly shrinking share of reserves doesn’t yet threaten its status as the world’s reserve currency, but it could be a canary in the coal mine. It is definitely a trend to keep a close eye on. 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 international monetary system has collapsed three times in the past hundred years; in 1914, 1939, and 1971. Each collapse was followed by a period of tumult: war, civil unrest, or significant damage to the stability of the global economy. The American dollar has been the global reserve currency since the end of the Second World War. If the dollar falls, the entire international monetary system will fail with it. No other currency has the deep, liquid pools of assets needed to do the job. Optimists have always said, in essence, that there’s nothing to worry about. That confidence in the dollar will never truly be shaken, no matter how high our national debt or how dysfunctional our government. But in the last few years, the risks have become too big to ignore. While Washington is gridlocked and unable to make progress on our long-term problems, our biggest economic competitors. China, Russia, and the oil-producing nations of the Middle East are doing everything possible to end U.S. monetary hegemony. The potential results: Financial warfare. Deflation. Hyperinflation. Market collapse. Chaos. The fundamental problem is that money and wealth have become more and more detached. Money is transitory and ephemeral, and it may soon be worthless if central bankers and politicians continue on their current path. But true wealth is permanent and tangible, and it has real value worldwide. Everyday citizens who save and invest have become guinea pigs in the central bankers’ laboratory. The world’s major financial players. National governments, big banks, multilateral institutions will always muddle through by patching together new rules of the game. The real victims of the next crisis will be small investors who assumed that what worked for decades will keep working. Until 1971, the world was financially stable. Currencies were covered by gold. The real economy was imbalanced with the amount of money available. Then U.S. President Nixon needed money for the Vietnam War; he switched on the money printing machine, not least because OPEC had increased oil prices. This money then flooded the world. Banks came up with new investment models. They now wanted to make money not with goods but with money alone. This was the start of the financial industry of today. Credit cards and current accounts accelerated financial transactions. Former public responsibilities were privatized; pensions are a case in point; the private sector is better at everything than the state, so they said. New billions came into play. In the 1980s, Margaret Thatcher deregulated the banks in London. Bill Clinton did the same later on Wall Street. Money was to earn money and thereby create growth. The global casino was open for business. This path of liberalization was a mistake; it's also the wrong word - if you deregulate markets that need to be regulated, then you create chaos, you unleash an avalanche of money onto the world. You can call that liberalization, but it was a policy that benefited only a few people, namely the rich. It has caused a lot of problems for the world. The liberalization of deregulation allowed the deals of the banks to explode. They now acted internationally. Major banks have become investment establishments that fund huge deals. More and more money goes into speculation. That's where big money is made. This has less and less to do with the real economy. The money creation process also seems to be something of a mystery among academics and even in the banking boardrooms. The banks are silent for a reason; they would have to explain to their customers that these days, it's them creating the money and them benefiting hugely as a result. Money isn't neutral, after all. It's not the central banks but private banks that generate most of this new money. A process also known as deposit money creation. The money is created when someone goes to a bank to take out a loan. The bank opens an account and issues the funds. It's then in a contract with the individual who's taken out the loan. The bank hopes that the person will pay it back someday. That means that the original impulse to create money comes from private banks. Private banks basically create new money as they wish. That used to be the privilege of the mint of governments. It's a privilege to create money and, therefore, profits out of nothing. This privilege has been in the hands of the financial industry for a long time, and in recent years it's been unchecked. The U.S. Dollar is already down, and the US economic and political policy uncertainties are going to make it much, much worse. The end of the US Dollar signifies the renaissance of the US economy. Most likely to the detriment of the economies of the rest of the planet. But it will be after a very long pain for the population, and maybe even a civil war. That's why they arm police to the teeth with military hardware. It won't be done in 5 years. Far too many people put far too much stock into a reserve currency status. That was only ever a point about political power, not economic power. Obama started weaponizing the U.S. Dollar Reserve with Russian Sanctions. Then, Trump took that on steroids. Of course, the world will one day dump the Dollar. All it takes is competition. The Euro and Yuan are already classified as Reserve Currencies. Euro is scared of money, so they won't expand. The Yuan doesn't have dollar distribution around the world. But with a digital Yuan, that is no longer an issue. It will save money to defeat the Dollar. Australia trades in Yuan for iron ore and coal to China, saving 11% on every transaction over the U.S. Dollar. Be aware that the dangers of a weaponized reserve currency were discussed at Bretton Woods. But the U.S. was pretty much the only nation unscathed by WWII. So we delivered hard terms to the British. Everyone else was blown to bits. So the U.S. took full advantage.Goldman did a white paper on this and estimated the US could see its GDP shrink 30% if it loses its reserve currency dominance. China will introduce its digital Yuan allowing any nation to deal directly with China, avoiding any US Sanctions. Also, remember that the Chinese Banks are now the largest in the world, 40% larger than all the U.S. banks combined. So they can handle any level of transaction in any quantity. The rest of the world is dumping any and all dependence on US products. And the Dollar is next on the dump list. The root cause of the problem is spending and living beyond our means. Trillions wasted on wars for the deep state agenda. How exactly did this benefit the people who paid for it? The Dollar has been dead; in fact, it has lost 99% of its value. At this time, all I can see is the central banks dragging out the fiat systems for as long as they can. And they are quietly buying up gold on the cheap -as much as they can and for as long as they can. Once the dollar disintegrates, then the people will really get pissed off and then they will scramble for gold, but guess what, no physical will be available for purchase by then, or it will be outrageously expensive. It will take time, but the people will really have no choice. Since the dollar, in theory, at some point, will be worthless. And gold or silver unobtainable. The government will then have the people trapped and be able to force them into the central bank and government digital FED coin, which naturally will be unbacked. It's all about CONTROL. The end result is America’s trade policies have been instrumental in hastening the end of the dollar as the world’s reserve currency, ultimately leading to its destruction. That was all by design. Make sure you have supplies; gold, silver, guns, and ammo.It is going to be a rocky ride. And Get Ready For A World Currency. This was The Atlantis Report. Please Like. Share. 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

Crazy Bidding Wars Has Pushed Home Prices To Hyperinflationary Levels

Crazy Bidding Wars Has Pushed Home Prices To Hyperinflationary Levels Crazy Bidding Wars Has Pushed Home Prices To Hyperinflationary Levels The Wildest Home Buying Binge In U.S. History Has Pushed Home Prices To Hyperinflationary Levels All over America, we are witnessing crazy bidding wars for the limited number of homes that are on the market. In many areas, the moment a desirable home goes on the market potential buyers start making offers that are tens of thousands of dollars above asking price. Not even in the days before the housing bubble burst in 2008 did we see anything like this. As I have discussed in previous videos, in some cases more than 100 offers are coming in for a single home. It is actually an understatement to call what we are watching a “frenzy”, and there are no signs that it is going to cool down any time soon. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

👉The Truth about UBI -- The New Road to Serfdom Or The Stimulus The Economy Needs ?!

👉The Truth about UBI -- The New Road to Serfdom Or The Stimulus The Economy Needs ?! What is Universal Basic Income, UBI? UBI in a nutshell is that the government would pay every citizen a set amount of money without any means of testing or work requirement. Democratic Party presidential candidate Andrew Yang has made UBI a central issue in his campaign. Under his plan, every American over the age of 18 would get $1,000 per month, guaranteed. This sounds great, doesn’t it? Who doesn’t want free money? But the plan raises a few questions — like how would the government pay for it? In effect, everybody takes a paid vacation, and the government writes everybody a check. This is the type of nonsense that actually gets discussed now. Because everybody thinks, well, it doesn’t matter, because the federal government is going to pay for it. Now, of course, the federal government doesn’t have any money. The federal government is broke. We’ll just borrow it. But who is going to be dumb enough to lend it to us? Nobody. That’s why the Federal Reserve is going to have to print all of this money. As if all of this money printing isn’t going to do any damage to the economy. UBI will become more and more of a discussed topic as Artificial Intelligence continues to advance. Automation will force UBI eventually. If AI truly surpasses human intelligence, then it will very quickly supplant the entire workforce, leaving all humans without jobs. Not just management but physical labor as well. We are talking about entities that don't need breaks. That never sleep, never feel lazy, and have no problems wading knee-deep in crap all day every day. This, of course, means that post-scarcity is an actual possibility, but only if we do it right. UBI is a start, although we may eventually phase out currency as we understand it today. Also, as Transhumanism looms on the horizon, the very nature of society will fundamentally change. In short, the unemployment rate is a product of technological advancement, decreasing the percentage of the population required to keep society as a whole going. This has pushed more and more people into non-essential jobs, like the arts, but as those areas get saturated as well, the capitalistic system pushes greater and greater numbers of people out of the workforce entirely because the economy can't sustain as many jobs as there are people. The rise of artificial intelligence over the last decade has greatly expanded areas of work that require fewer workers for the same amount of product, which has compounded this problem to the point that it's an imminent issue that WILL be addressed in the next decade or so. Whether it be through sweeping economic reform or societal upheaval. The current tension in the United States might be ultimately traced back to this problem; it is often the case that trouble with the economy fuels clashes on unrelated social issues. The first casualty of UBI is all the hard, dirty jobs. For just one example, trash collection. Why do hard work, or dirty work, when your needs are already met? If companies must pay more to get men to work those jobs, prices will go up a lot. Many will choose to skip trash collection. Stinking mountains of rat-infested garbage will result in diseases that no vaccination will prevent. That is just one essential cog of civilization that will fail. Dookie-chasers (plumbers), meat cutters, roofers, and 100s of other jobs will fail to find men to work in them. UBI is a nuclear bomb for our civilization. No other idea is more stupid. Please note I purposely said men for these jobs. Nearly all women already shun hard, dirty jobs like these. No amount of pay increase will change that. "By 2030, you will own nothing, and you'll be happy". Brought to you by The World Economic Forum 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. As people are asked to stay home and to follow social distancing rules, it is predicted automation and AI will be on the rise to replace many of the jobs lost. Jobs will be vanishing as automation and an army of robots march into our workplace. The idea of a universal basic income (UBI) has recently resurfaced and risen to prominence in global policy discussions, with strong arguments from both proponents and opponents. UBI is defined as unconditional income granted to each citizen, irrespective of work criteria or a means test. A NEW SURVEY SHOWED, IN FACT, 76% OF ALL AMERICANS, BOTH DEMOCRATS AND REPUBLICANS, SUPPORT A GUARANTEED INCOME. The problems that UBI is supposed to address are real and concerning. Automation is replacing labor at an alarming rate. There simply are not going to be viable jobs for thousands or millions of people. Even Henry Ford understood that if he didn't pay his employees enough, they wouldn't be able to afford his cars. He understood he needed to spread the wealth to keep the system going. There are reasonable arguments to be leveled in good faith against the UBI platform, which Andrew Yang has dubbed “The Freedom Dividend,” but what was once considered a utopian pipe-dream is beginning to sound more plausible in light of the unfolding tectonic economic and technological shifts. Once you have fouled the monetary atmosphere with QE to infinity, why not print up some more for UBI. UBI works wonderfully with people who naturally work and enjoy benefiting their community. If you do not feed people, they always start a revolution. Suppose you do not give the people land to grow their own food or the means to earn it, the same. It doesn't matter how you twist the legal system in favor of the rentiers; if people don't eat, they revolt. Now, reconsider UBI in that light. The fact remains that the majority of low-wage jobs now have employers breaking the law left, right, and center. Consider how much people in those jobs care about the law when it clearly does not help them when they are wronged. Even the unquestioned Roman Caesars gave out a UBI when there was no work or land to be had. The reason why UBI makes more sense than giving money to wealthy individuals and corporations: Is that empowering hundreds of millions of people to spend and invest creates a VAST capitalist market. Giving it to a tiny fraction of the population to spend and invest is an ineffective anti-capitalist oligarchy. The government and FED already give free money to corporations: Corporate Basic Income or CBI. Plus, wealth inequality and the pharisee power base continue to grow without UBI. So I can't see what the deal is. Without UBI, no one will be able to buy anything because no one will have any money left, so it's a choice between pitchforks and UBI. The elite are choosing UBI. I'd personally prefer to take the pitchforks up, but don't make the mistake of thinking there are any other alternatives. They already want another stimulus, at least not in this month. They want to wait and see what we the peasants, do with ALL the money they gave us the first time! I guess they think $1,400 is a lot of money! That doesn't even pay a month's worth of rent or mortgage, talk about utilities, insurance, food, necessities, car payments, etc., etc. I'd like to see them live on that for two months! Their rich corporate friends got their bailout! " A no strings attached income," you know, like the $484 billion they handed to the 2000 largest corporations and 200,000 richest families. The Fed has DUMPED over $33 TRILLION into Wall St since 2008, and the BAILOUT had $4 TRILLION for BILLIONAIRES AND MULTINATIONAL CORPORATIONS, but real Americans get a pittance. Anybody that thinks our government isn't owned by the BILLIONAIRES is LIVING in dreamland. The one percent are given a guaranteed income in the millions. A UBI for the rich. When Yang proposed UBI, he also called it welfare. Now the government is giving out welfare, but they call it stimulus. The UBI would make workers less dependent on their employers and more willing to competitively seek better employment, but if the minimum wage is removed and UBI becomes the floor for lunch cable income, this would lower the barrier of entry to employing people on both the employee's side and the employers allowing smaller companies to more easily risk hiring people that they have not had direct experience with. UBI would actually benefit employers in the long run. At least the employers who are not trying to maintain absolute power and control over their employees and abuse them. A "universal basic income" when many still have not received their stimulus checks. When millions still cannot register for unemployment assistance. Coincidentally, many large corporate institutions received their stimulus payments on demand, while those who really need assistance are waiting in long food handout lines simply to survive. Most Americans would use the additional income to pay off the massive debt they have incurred because we are being robbed blind by the rich every chance they get. It would allow people that are stuck working two jobs to maybe quit one of those jobs and see their family's again. One of the main causes of divorce is financial difficulties. Doing this stimulates local economies. It redirects the money that would have been given to the Billionaires by the government back into circulation. UBI of $2,000 per month will allow people to meet their BASIC NEEDS such as food, water, shelter, clothing, etc. Therefore LOWERING the crime rate because people do not have to do STUPID stuff to try and survive. People are NOT going to sit on it. They are going to SPEND it, therefore stimulating the economy in a MUCH more healthy way than Stock Buybacks, which is nothing more than artificially inflating the stock market !!! When people actually BUY an item, it is a MUCH more genuine way of raising the stock value because of the simple fact that it is ACTUAL Demand instead of Artificial Demand or Artificial Value. So instead of just buying Artificial stock that will rise and POP again by buying ACTUAL items. It is creating MORE jobs because it is an ACTUAL item that is being mined for resources, assembled, delivered, and sold. And ACTUALLY demanded not from the top BUT from the BOTTOM where it ALL begins !!! UBI is here to stay. Many jobs will disappear after this crisis, and re-training people takes time. This is the only fair way to take care of our citizens and bring back our economy. The same people who don't support UBI will never mention unlimited cash bailouts for derivatives ghouls, finance capital parasites, and zombie bankers. Andrew Yang's UBI recommendation are now actually feasible. Horrible that the US is so quick to give money to other countries & Businesses, but place hurtles for the common American Citizen to get through the worse crisis in American History. Imagine getting money for doing nothing. The free markets are already destroyed. The economy we deal with is a government-controlled system. Most of the real work is done by machines. The government does not work, yet it is huge. The system is so distorted by government intervention that people don't even know what is going on. The fact is there would be huge motivation to work for more money unless the universal income was too large. How long will it take to get to get back to the world before the pandemic? Some think never. They have good reasons to think like that. Many companies, airlines, cruise lines, hotels, retailers, elements of the service industry, and more will have disappeared, unable to weather the storm. Unemployment will remain high. Marry this to the impending tsunami of technological innovations of artificial intelligence and clever machines just waiting to swamp our manufacturing and service industries. Who will need expensive and unreliable humans? Sure there will be jobs for a handful, but for the vast majority of us, who come to the workplace needing occasional sleep, and go to the bathroom, get sick, and want vacations! Thank you and goodbye. So what's going to happen to us. It’s already happened to tens of millions, principally the ones whose jobs have been shipped abroad over the last two or three decades. Will we all be left to die without food, shelter, or health care? Probably not. So what to do? Get rid of the money. There are other and better ways of exchanging credit. Hopefully, a system which will curb the ridiculous ambitions of a few lucky or ruthless individuals from cornering the market and stashing billions in offshore accounts. All fit and able folk will be tasked with community duties for which they, together with the unfit, the young, and the old, will receive credit. Probably in the form of digital currency. The system will be geared to encourage individual enterprise and learning for extra credit. There will be a base level of housing, and health care below, which no individual will need to forgo unless they so choose. It's impossible for me to realistically envision any other system except a sort of dog eats dog dystopia. Why is it we the people have to beg for our tax dollars to help us, but the rich just ask once and get it? For the last few years, Amazon, Delta, & other Big corporate hustlers Paid no federal taxes. And, they should have been cut off that Careless Act Bill for Covid19. It really included Nothing for US taxpayers but giving tax breaks to greedy, entitled-minded businesses. A Basic Income for six months would help out now! Raising Wages to $20 an hour after the Economy gets better and Taxing the Wealthy and Corporations on 75% of their profits offshore and stateside will pay Everyday Americans back! They Have benefited In the Trillions of Dollars in the last three years! The American People want that money back! It will be time for companies to cut CEO paychecks and reinvest in the Workers again! Placing trillions into the hands of actual people vs. corporations ensures that those trillions will absolutely trickle up as we all utilize the bucks to pay bills, buy groceries, get cars repaired, etc. Even if we just banked the cash, it still is circulating as loans then to help the economy. The way I see it, corporations want to keep people in debt and poor and have the trillions put directly into their hands, bypassing the citizens. Give the dough to the people. The big businesses will get it all eventually anyway. Corporations have shown they will spread it throughout their top management while cutting lower-level staff. If people received it, they would spend or invest it in the economy in some fashion, so it would help for a short time. If Americans want to stimulate the economy and boost recovery, UBI will help enormously. Yes, we will always have people who will spend frivolously, but the majority will use this money to meet their basic needs. Economic security will also stabilize society in many other ways as well. There is a lot that has been written about this. Also, even if people made stupid purchases, the money would still be going back into the economy, Food bills, and rent, and not to some offshore bank account. The elderly, The infant, and the disabled all deserve the freedoms of the bill of rights. These people are paying taxes; give them something. Those that can't contribute to the strong take up the slack of the weak. We don't leave them to die. The money that would go to the people that need this would be coming from the wealth that these very same people have generated for the economy. And will go back into the very economy that generates it. It's not like they are just going to sit on it; they will spend it in that economy. Workers are being dropped regardless. Automation is coming with or without UBI or minimum wages. If you read Chinese news, you will know that hundreds of thousands of Chinese workers are losing their jobs to automation. Even cheap Chinese workers are being replaced. Read the writing on the wall. What do you think will happen to more experienced American workers? Unlike the coupon clippers of Wall St., who send their money offshore. Wealthy people have guaranteed income from all kinds of sources, and they do not have to work one tiny bit for it. The funny thing is the 0.1% cried out for "UBI for corporations." Let's see where this goes. In the near future, Over 46 Million Renters will end up homeless. Over 85% of apartment buildings and rental properties will be empty, and 4 out of 5 houses will be vacant by 2022. The wall and wall street got all the money. The Government Bailed Out Insurance Companies, Big Banks, Car Manufacturers, Airlines, etc., but is not willing to Bail Out million of Renters. Canada did a basic income experiment in the mid-'70s in Dauphin, Manitoba. They were hoping for positive results. What they got blew them away. Crime dropped, SIGNIFICANTLY. Calls to fire, police, and emergency services dropped. Doctors' visits dropped. All the kids made it to graduation. There was maybe one teenage pregnancy, and so on. Everyone was happy and content. Sadly, an election saw a change in government, and the study was shelved. It was called “mincome” if you want to look it up. UBI Gives the economy a boost. It will benefit everyone. Trickle up economics. This is absolutely what we must do if we are serious about restarting the economy. Supply-side economics is BS. The economy is driven by consumer demand. If consumers are broke, there will be no demand. The recovery will be slow, slow, slow, on the scale of years. The top 20% in just 2020 alone received more than $8 trillion without "working for it." And that does not seem to impact their willingness to work or not work. It is past time to trash the notion that getting a UBI will condition people to be unwilling to work. If they had been appropriately taxing the rich and giving people a living wage instead of having 1% people unfairly sitting on billions that we all helped make, then we would have been able to weather any shock to the economy. Because people and the government would have been able to save for times like these. The Super Rich make millions and billions without working. They get huge tax breaks. But give a poor person some money, and some people go crazy saying this is socialism. Universal Basic Income with a nationalized Federal Reserve, Zero Trade deficit, and release of the suppressed technologies. Like Lithium Batteries that were ready for market in the 1970s. There is so much the tech Cannibals have kept hidden from the public. It is about time The American citizens get real economic security as they have in Europe. Fourteen other countries are doing it, and they aren't as rich as we are. Isn't the U.S. supposed to be the wealthiest country in the world? It’s not money for nothing; it’s keeping people from poverty. We need this for one year straight, at least. The money would go back into the economy somewhere or another. If we can afford to give trillions to banks so they can maintain their lifestyles, why can't we afford to give money to poor people so they can have something to eat. While people starve, Amazon is still shipping products and paying no taxes. Brilliant! We spend WAY more than we should on corporate bailouts and breaks. We also WAY overspend on the military. It’s time for the people to get a bailout! The corporations have been subsidized. Now, It’s time to subsidize the American people! And don't Forget the Homeless. They Need Food. They Are Humans too. People need basic needs met in order to have a future and improve their skills, study, etc. The government can pull trillions of dollars out of thin air for airlines, cruise ships, and other corporations and then grudgingly give the peasants $1,400 and saying "make that last eight or more weeks." Those airlines and big corporations will still go belly up until customers have money to spend on them. Give the money to the people to spend on what they need. Sitting on the economy, hoping to squeeze every last penny from the people alive today, is neither ethical nor savvy. Do you want to make money? Support the system that supports you. No billionaires ever really made it all on their own. They needed the pocketbooks of millions to make billions. The elite and one percent love watching the working class hate on each other and blame each other as we fight over the crumbs they drop. This was The Atlantis Report. Please Like. Share. Subscribe. Please let me know in the comments what you think about UBI. 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

Mutual Assured Destruction Leaves No Winners

Mutual Assured Destruction Leaves No Winners Like many people, I do not find what is known as the concept of Mutual Assured Destruction, or MAD to be reassuring. Today, those most fearful seem to be those people that lived through the tumultuous 1960s and the cold war, to others this may come across as "business as usual." What the world would look like following a nuclear war is very murky, yet today it seems many people consider nuclear weapons as just another tool or option for us to use in our defense if we are attacked. The nuclear deterrent we currently hold is a hundred times larger than needed to stop anyone sane or rational from attacking America, and for anyone else, an arsenal of any size will be insufficient. This is written to help put the issue of nuclear weapons in perspective. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

👉Stocks More Overvalued Than Tulip Mania Bubble! The March 2020 Lows will be Re-Tested https://youtu.be/PCRKDr5EAIc

👉Stocks More Overvalued Than Tulip Mania Bubble! The March 2020 Lows will be Re-Tested $6 trillion printed out of thin air. Millions of Americans out of work. 9.5 million jobs have been officially vaporized AND never coming back! The US economy continues to languish, burdened by government lockdowns and other pandemic-related factors. They just borrowed about $2 trillion in 100 days of a new administration to keep the credit card monthlies paid, and another $2 trillion is about to be borrowed again. Retail sales have dropped precipitously over the last several months, underscoring the economic malaise. Yet the stocks are going up and up. The market will be celebrating one year anniversary from the March bottom last year! Stocks are in the Largest Bubble in history. They are raising Corporate Tax Rate to 28%. But the stock prices have absolutely nothing to do with a company's profitability, let alone the ability to pay their taxes!!! The Fed is willing to destroy the economy just to maintain the financial businesses. Way overvalued. Soon/overnight, the Fed is going to become the enemy of the stock market. Oil is up over 70% in the last year. Transportation costs are up. Euro is up; loan costs up. The most recent CPI data (February) shows that CPI is already increasing at an annualized inflation rate of 5% per year. This is already beyond the Fed's target. Debt is huge. Get ready for tax increases, inability to makes repayments of debt, a massive increase in Fed Funds rate. March numbers will likely show CPI is already at 6% inflation/yr. After being the stoker for years, Fed will overnight become the enemy of the stock market! Markets will come down from these all-time highs and drop to less than half of current overvaluations. S&P500 to 1900. The goal of the Fed is to slow/control inflation. They will have to raise rates to slow the economy. The Fed has been the greatest cheerleader of the market over the past two years. They would need to reverse course and would then become the stock market's biggest enemy. This would crash growth stocks hugely. The indicators like S&P or DOW are now immaterial. For a long, I have been noticing unusual patter of buying in stocks, and that is because of one reason. Stock can only go up mentality initiated by FED via laws and systems are not free-floating systems but are harnessed to several federal manipulations. I hear from students and many people that once they come into money, they will just buy stocks and forget them till they retire. Such mentality is not prudent. However, it prevails. And even though we know that less than 37% of Americans are holding stocks at the moment and 90% of the stocks are held by the top 1% of the population. We are giddy about it, but stop looking at indicators and find your own reasons, like a gamble in stock always wins as FED supports it because any indicator like PE or S&P or DOW means less. Never confuse a great bull market with an investment genius. All of us have enjoyed respectability lately and nice returns. But the stock market is a huge humbler with its proclivity to revert to the mean. Pie in the sky expectations will fall to earth. You won’t make money shorting high flyers because liquidity dries up in corrections. Put some money in cash, now. And again tomorrow. 500% leverage, all a product of the hyper leveraging off low rates. The entire system is an Archegos now due to constant welfare hokum bailouts of moral hazard bets. Archegos CAPITAL LOST $110 BILLION IN 5 DAYS USING 500% LEVERAGE. The more complex a system is, the more likely it is to collapse. The financial system with derivatives of derivatives on outcomes of the future you do not know where a counterparty (e.g., Prime Broker) ends up being the counterparty of itself, is surely waiting for a collapse. It already did in 2008, but Governments bailed it out and allowed it to get even bigger and more complex. The Financial Market is like Mount Everest balanced on its point upside down. The Major Problem is ABSURD Valuation! The US employment numbers are always fabricated to PUMP the US Stock prices artificially! Also, increasing corporate taxes means no more stock buybacks to increase the stock price. We already have double-digit inflation and double-digit unemployment. Wars and covid are not FREE! Too late, the debt needs to be paid back, or the dollar is worthless. Either way, we lose from printing too much. Free money does not mean a healthy economy. Enjoy your gains. No nation ever spent itself into prosperity. It’s not government money. There is no such thing. It’s money taken from the pockets of working Americans, and the great majority of it will be spent on favors to special political interests. This Print unlimited dollars to PUMP the US Stock BUBBLE Policy is about to END TERRIBLY! The Market will COLLAPSE BIG time, and then you will find NOBODY to bet on America. Patience you gambler! This MEGA BUBBLE will COLLAPSE BIG TIME very soon! Dow Jones Industrial Fraud index was 16000 in 2016, and now up so much FOR NO REASON, in NO TIME! All the component companies are fundamentally the same junks as they were in 2016! The US Stock Market is a Fraudulent system! It looks like this Fraudulent System is back to a 30-40% monthly capital gains routine. NO NEED TO WORK! Just buy the stocks and get quick rich! The companies generate $0 revenue but have Billions of dollars worth of market values! ALL US Stock indexes will FALL back below March 2020 lows! March 2020 Lows will be re-tested and blown out. This will not be a 2020 correction/recovery. Approximately 12 weeks ago, we entered a very different period for the markets. This is gonna be a 6 to 18 month sideways - down ugly Bear market. Wicked whipsaws up and wicked whipsaws down, but with a general downtrend to lows, no one thought possible again. 99% of the new inexperienced Pandemic Born traders will be wiped out completely long before we hit those lows because they have no understanding of what is really happening. A Major Correction is imminent! All US Stock indexes will COLLAPSE BIG Time very soon. NOBODY will keep buying those BUBBLES! Many Chasers will BURN in this Stock BUBBLE! Sad but necessary. 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. For how long will the US Government continue to PUMP the US Stock Prices artificially? Everyone knows that the US Market is in the MEGA BUBBLE; it is even more overvalued than Tulip Mania Bubble! The US Stocks are INSANELY OVERVALUED and OVERBOUGHT! The Valuations are impossible to justify! For how long can the US Government run this fraudulent Stock BUBBLE, while Corporate revenues are tanking, Corporate and National Debt is Astronomical, the Valuations are beyond insanity, Political polarization is at max, there are ongoing and upcoming wars, the real resources are limited, Economy is Collapsing, Competition is intense, the Stock Dilutions are at record highs, everything is getting worse, China, Russia, and many other countries are set to ditch the US Dollar as an international reserve currency. Now there are hundreds of thousands of companies worldwide competing for less revenue! The US Companies that barely generate revenue of one to two million are trading at 50-60 Billion Market values, while in Asia, the same companies with better fundamentals, 100 times more revenues, are trading at 99% less market value! The US Company valuations DO NOT MAKE Sense at all! Why would anyone invest in US Stock Tulip Mania while he can buy the 1000 times better company share for a 99% cheaper price! The US Stock Market is a MAJOR PONZI SCHEME designed to patch fraudulent pension systems in the US temporarily! There is NO PROPER Revenue Collection by the IRS since 2016. Taxes are extremely Low, and Nobody is paying custom duties! People want more free money without working, more free checks, more capital gains, more stock hypes every day! This fraudulent "no need to work" policy of the US Government will END TERRIBLY very soon! Inflation is skyrocketing, but the Government is lying about inflation! Recessions usually take place every 7-10 years. We hadn't had one since the great recession. How to spot a bubble? We're now 12 years running, no sign of a single recession or a pullback. Manufacturing and production come to stand still, millions unemployed, yet the economy is booming! Kids as young as ten are talking about stocks and day trading meme stocks like GameStop. Zombie companies issuing new debt and making public offerings, yet their stock still skyrockets. 480 Electric Vehicles manufacturers in China alone, EVs are the buzzword now. What next ?Space! The final frontier. Why not. Let's keep the bubble blowing. Manufacturers will offset the cost by sending jobs out of the country. Can't wait to see all those made in Taiwan and made in china tags. China is currently trying to stop the flood of money entering China from the US and EU. So much money's pushing the Yuan higher. People are starting to realize the dollar is over . And are getting out of dollars and into crypto, gold, real estate, old cars, art, and China. The growth potential from their belt and road scheme is staggering. It's like when the US first built the coast-to-coast railway, only much bigger. I tend to only aim to ride Wall Streets' wave and jump off before the major tops (same approaching major bottoms). The market does put off signals that one can usually detect when we’re approaching that business cycle high or the Bear market low. Historically most money is lost near the long-term tops and the long-term bottoms. It doesn’t bother me to miss 3, 6,or even nine months near a major top or major bottom. (2020 was an anomaly. It really doesn’t count as a normal major bottom. It was not a market-related event that caused that wicked bottom and subsequent bounce through 2020). With respect to the buy and hold theory. That said, most of the professionals that espouse that mantra do not live by that advice !!! They’re moving millions/billions as the markets are approaching major tops, major bottoms, and often everywhere in between !! I cannot comprehend the amount it ignorant, inexperienced investors/traders that are involved in the markets at this point. In and of itself, that alone is indicative of the fact that we’re in a massive bubble that IS going down hard. This market HAS been in an uptrend since 2010. This market HAS now entered a Bear market . This market will be cut in half in the next 6 to 18 months (regardless of what the talking heads say publicly). THAT is for sure. Anyone that bought/buys into this garbage will be slaughtered. 99% of the inexperienced Pandemic Born Traders WILL be slaughtered in the next 6 to 18 months. This mess has only JUST begun. 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

The Truth About The War In Ukraine | Money, Energy, And Power! https://youtu.be/wdaaGGMpbhc

The Truth About The War In Ukraine | Money, Energy, And Power! NATO Has Slowly Expanded Towards Russia. Biden was in charge of much of the "Ukraine project" during Obama's time in office. In recent weeks President Biden has been saying some rather mean-spirited things about Russia's President Vladimir Putin. Now Russian state sources are alleging that Washington under the Biden administration is ramping up military aid to Ukraine. This comes after the media observed the Ocean Glory, a US cargo ship, began delivering 350 tonnes of military equipment, including tactical vehicles, at Ukraine's Odessa port. Ukraine's Dumskaya news agency said the American vessel carried at least 35 US military humvees for Ukrainian national forces. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

$3T Infrastructure Bill Spending Spree - Double Digit Inflation,Unemployment & Interest Rates Coming

$3T Infrastructure Bill Spending Spree - Double Digit Inflation,Unemployment & Interest Rates Coming $3T Infrastructure Bill Spending Spree -- Double Digit Inflation,Unemployment, and Interest Rates Coming The FED is printing like there is no tomorrow ,because for them there is no tomorrow. Who cares about the long-term viability of the country !. Spend as fast as you can ,is how the government is running things. They are using the next cycles stimulus to pay for the interest in the last few stimuli. We'll still pay for it because they'll just divvy it out to special interests now. Additional debt will prolong the bleed. This show is coming to its ugly end. Over the past 13 months of this miracle money-printing show, the Fed has added $3.5 trillion in assets to its balance sheet. Bringing its total assets to a record of $7.69 trillion. And just when you think it couldn't get worse. Together with the $1.9 trillion COVID packages just passed by Congress last month. The White House unveiled a $2.25 trillion infrastructure package. And there is a 10 trillion dollar Green New Deal being put together in congress right behind the 3 trillion infrastructure package. $650 billion to rebuild US infrastructure. $400 billion to care for the elderly and disabled. $300 billion for housing infrastructure. $300 billion to revive US manufacturing. Without highways, there will be NO deliveries. No food, No spare parts. No booze. No meds. No heating oil. Get it NOW while you can ;because tomorrow you can't. It can definitely get worse. Next up is 50% income tax rates. We're the new kulaks, and our property will be confiscated through taxes and currency debasement. An alternate crypto-based economy will develop in response. Be prepared. I'm amazed at how we can throw trillions of dollars around and say it's not enough. Simple. Fire up the printing presses and warm up the helicopters. Stagflation here we come! How soon before pandemic loan defaults begin to hit banks? The stimulus is going to flat screens and Apple Watches. Wait until the new taxes on the rich net half what Biden claimed. Always happens. Then the burden for all the spending will fall on those with jobs, as it has for eternity. Of course middle class will pay for it by higher taxes and inflation. We lost any semblance of fiscal responsibility. And Federal spending makes up about a third of GDP. So as they borrow and spend, they will applaud themselves with the improved GDP numbers. We can't keep printing money! We are at 45% of our GDP, and that is going to break our system real quick. Get ready people, because the stock market is going to crash and soon. Hopefully soon, the market inefficiencies are insane right now. Real growth is impossible without letting the failures fail. Unfortunately, the government will likely continue to fight the needed crash, so when the crash finally comes, we won't be able to recover. Since when was the Fed about stimulating the economy? By and large, that can only be done via vigorous government fiscal spending. The Fed is only interested in increasing the value of the assets owned by Fed members and their friends. Sooner or later, we need to start staying within our budget and start paying off debt. Some administration needs to have the leadership to do it. I don’t want to be paying higher taxes, and they are going to fall on the shoulders of the middle class. Inflation and taxes will be soon coming to our door to collect. Anyone with common sense understands increasing the corporate income tax means the consumers will pay for it. Corporations will reduce capital expenditures, employee benefits, and pass the additional tax on to consumers. Anyone who remembers the Stagflation of the late 70's and early 80's knows what's coming. Double digit inflation, double digit unemployment, and double digit interest rates. Like ten years ago when our credit score as a country was going to be downgraded. And it caused a bunch of issues on the market. We do need to pay off our debt, and we are evaluated at how well we are borrowing money. It is true that we need our infrastructure updated. I drive around much of America, and especially in blue areas, the roads are littered with potholes that take years to fix. However, one reason our infrastructure is in its sorry shape is that infrastructure bills are never about infrastructure but about a slush fund of money given to administration's cronies and bundlers. It was the same with the correctly named Porkulous Package under Obama. There is nothing normal in forcibly keeping interest rates at close to zero in order to run limitless money printing to finance limitless government deficits that will eventually destroy this country’s currency and very existence. Noteworthy is the moving of the tax deadline. The administration will be able to pass obscene spending without knowing how bad the tax receipts from a year of covid are. Wait for the triple whammy: Bad tax receipts, obscene spending, tax increases that don't net out, followed by more tax increases. I don't think the US will survive economically this spending spree, world reserve currency or not. You better plan to retire somewhere outside the US (low-cost region) with money that is not coming from Social Security. America is done. Stick a fork in it. 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. For how long will the US Government continue to PUMP the US Stock Prices artificially? Everyone knows that the US Market is in the MEGA BUBBLE; it is even more overvalued than Tulip Mania Bubble! The US Stocks are INSANELY OVERVALUED and OVERBOUGHT! The Valuations are impossible to justify! For how long can the US Government run this fraudulent Stock BUBBLE, while Corporate revenues are tanking, Corporate and National Debt is Astronomical, the Valuations are beyond insanity, Political polarization is at max, there are ongoing and upcoming wars, the real resources are limited, Economy is Collapsing, Competition is intense, the Stock Dilutions are at record highs,and everything is getting worse. China, Russia, and many other countries are set to ditch the US Dollar as an international reserve currency. Now there are 100,000s of companies worldwide competing for $1 revenue! The US Companies that barely generate revenue of 1-2 million dollars are trading at 50-60 Billion Market values.While in Asia, the same companies with better fundamentals, 100 times more revenues, are trading at 99% less market value! The US Company valuations DO NOT MAKE Sense at all! Why would anyone invest in US Stock Tulip Mania while he can buy the 1000 times better company share for a 99% cheaper price! The US Stock Market is a MAJOR PONZI SCHEME designed to patch fraudulent pension systems in the US temporarily! There is NO PROPER Revenue Collection by the IRS since 2016. Taxes are extremely Low, and Nobody is paying custom duties! People want more free money without working, more free checks, more capital gains, more stock hypes every day! This fraudulent "no need to work" policy of the US Government will END TERRIBLY very soon! Inflation is skyrocketing, but the Government is lying about inflation! My guess is the Fed plans to print money and grow its balance indefinitely, which is necessary to avoid a collapse of the financial system. The balance sheet and its growth is now a permanent fixture, necessary to create inflation. Interest will continue to be paid by the Treasury, but this interest will be remitted back to Treasury (round-tripped) in order to maintain the illusion of fiscal prudence. When the Treasury allocates newly printed money to people who are in debt, it IS a debt jubilee. There is no difference between forgiving debt and giving people free money to pay down debt. People don’t seem to understand that the Fed has been doing helicopter drops for quite some time. So far, $7.5 T has been dropped indiscriminately, with most of it winding up in the pockets of speculators who have too much debt. But the Fed is NOT BIGGER THAN THE MARKET. The more they subsidize debt creation, the more the amount of debt, then the more they have to purchase to keep rates below real levels, which begets more debt, round and round we go. For all the governmental debt created, imagine the amount of off-the-books private debt created. In the 70s, the Fed was forced to FOLLOW the market higher, and I think we are starting to see the Fed lose control and FIGHT the market. Social Security fund buys special 10yr, not at the auction. Banks forced by regs to buy some. Foreign governments used to buy them, but now it is the Fed picking up what's left. The Fed actually controls this number by buying as many or as few as it wants in this episode of financial theater. The “smart money” (banks) are playing chicken with the Fed. They are running the yield rate up in order to strong-arm the Fed into raising interest rates. Powell SAID they wouldn’t hike rates until 2023, but if yields keep rising, they’ll be forced to do "something". That may not be raising interest rates (at first), but they might just start buying their own 30-yr bonds to keep the 10 yr in check and raise the 20-year. In any case, this is all manipulation to create as much volatility and uncertainty as is needed to unwind positions in tech. I believe what we’re going to see is the Nasdaq take a long bumpy ride down over the next 3-6 months. What we saw after every great earnings and guidance beat (Apple for example) was a huge sell-off. I think we’ll see that again next earnings season. No matter how good or bad, the tech sector valuations doubled in a year; earnings did not. Apple should be trading well under $100 at current earnings at pre-pandemic valuation (which was also at or near all-time high PE in March 2020). The crime profits always someone. How can we stop this as retail investors? We need a real Robinhood to stop the nasty game by big institutions. V, the Velocity of money has declined from a high of about 2.2 in the 1990s to a bit below 1.5 before the pandemic and to 1.1 during the pandemic. So why is V so low, and why has it been declining since the 1980s? One reason is that the Fed has been pumping money into the economy, but to little avail, because money is not changing hands. Another is that a lot of the money is concentrated among the richest Americans who are not spending most of their wealth. Look at the difference between mean and median family net worth. The larger the difference implies greater wealth inequality, which you can see has been increasing since the 1990s. A lot of the country’s wealth is increasingly concentrated in the hands of the rich and the super-rich who do not spend most of their money — its V being zero — because they already own all they want to own. The richest 10 percent own about 70 percent of the country’s wealth. The economy is awash in cash, but most of it is concentrated in the hands of a few who will not spend it. In contrast, lower-and-middle income workers spend most of the money that they earn. The Fed’s monetary policy has failed. The current Fed Chairman is not qualified to do what he is doing by any stretch of the imagination. Yellen must know she is wrong. Her advisor was Tobin. I do not get it. I know we are living in an alternative universe. That must be it. We have somehow failed to teach a least a couple of generations about economics. This is certainly about economics, but there is something greater going on. The violations of the Constitution (minting and taxing powers the Fed has assumed) and violations of the THREE mandates of the Fed (maximum employment, stable prices, moderate long term interest rates). All these violations are ENJOYED by those who are allegedly supposed to be the guardians. Congress loves the free money, to wit, Trillions and Trillions in misnamed bills passed by Congress…(vote-buying). Congress loves the Fed is off the rails. Wall St loves the Fed is off the rails. Only a catastrophic inflation will create a People’s rebellion to shock the “guardians” into action. What happened to the Ivy League? They realized that they could sell out to Wall Street. We have been sending our best and brightest to Wall Street for about two generations now – ever since the 1980s. All of that brainpower wasn’t designing better widgets or developing better manufacturing technology. It was redistributing existing wealth into a small number of pockets rather than creating new wealth to be shared with everyone. Now we need to beg Taiwan and South Korea to build semiconductor chip factories in Texas and Arizona because we no longer have the capability of manufacturing the latest and greatest technology. Intel practically invented the commercially viable semiconductor chip. Now they are about two generations behind the Asian companies in actually building them. Our auto plants are shutting down because we don’t have enough chips to build cars. Yet the stock market goes up and up and up, at the same time that the real economy is sputtering and blowing smoke and slowing down to a crawl. The smart kids all want to become hedge fund managers. Engineers are seen as the dumb grunts whom you fire and then outsource their work to Asia, right after you do a leveraged buyout of the company. The pain is just getting started. 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