Wednesday, May 11, 2022

In just10 Months, 744 Banks Failed , The Dollar is about to Collapse

In just10 Months, 744 Banks Failed , The Dollar is about to Collapse

The Great Depression was the greatest and longest economic recession in modern world history. It began with the U.S. stock market crash of 1929 and did not end until 1946 after World War II. Economists and historians often cite the Great Depression as the most catastrophic economic event of the 20th century. The Stock Market Crash During the short depression that lasted from 1920 to 1921, known as the Forgotten Depression, the U.S. stock market fell by nearly 50%, and corporate profits declined over 90%. However, the U.S. economy enjoyed robust growth during the rest of the decade. The Roaring Twenties, as the era came to be known, was a period when the American public discovered the stock market and dove in headfirst. Speculative frenzies affected both the real estate markets and the New York Stock Exchange (NYSE). Loose money supply and high levels of margin trading by investors helped to fuel an unprecedented increase in asset prices. The lead-up to October 1929 saw equity prices rise to all-time high multiples of more than 30-times earnings, and the benchmark Dow Jones Industrial Average increased 500% in just five years. 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 smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Today we analyze the great recession the similarities between the past recessions and the looming one of today and the ways you should prepare to survive and thrive the recession. The Recession of 1918 is often called the greatest financial crisis in the history of the United States because it lasted ten years and crashed the entire economy. The American leadership tried everything to save the economy but nothing worked out, every solution proved to be ineffective in the face of such a crisis, and the only thing that could save the economy was the deadliest war in human history the second world war. Its July of the year 1914, world war one breaks up, and the entire European continent is in conflict, but the war slowly spreads to the rest of the world. Everyone is eager to win, but unfortunately, supplies are limited, especially food. So the allies turn to the United States for help, since it wasn’t directly affected by the war and had the economic power to do that. War by no means is good, but it brought a period of economic prosperity to the United States. The demand for equipment, weapons, wheat was at an all-time high, and no one else could fill that gap except the US. If you were a farmer, you could produce as much wheat as you wanted and could sell it easily at a high price. Since countries with troops at the battlefield had to take any measures to win the war. By the end of the war, the United States also entered the game, which further increased the demand since soldiers needed equipment and food. It was probably the best time to invest since the economy was booming, and everyone was making money. Even though the war has ended by 1918. The demand for American goods, especially wheat, didn’t fall because the entire world was still recovering. When farmers realized that, they began taking huge loans to buy more land and equipment to farm more wheat. Which led the real estate prices to grow. That pushed people to buy even more lands hoping to sell it later for a higher price. The same thing was happening to every other industry. In fact, many companies emerged that only existed on paper but didn't even have the equipment or land because everyone was throwing money into the stock market, hoping to make a fortune, which further escalated the prices. Would you really stand aside and watch how your neighbors make money while you get nothing. Even foreign countries started investing in the united states hoping to make a buck. I guess you can already see the flow. Many companies were overpriced since most of these investments were based on speculations. Nonetheless, that didn't stop people from investing. People had faith in the economy. When things are good, you start thinking that it's going to be like that forever. What seems so obvious today wasn't obvious then. However, When Europe started recovering, the demand for American goods fell, especially for wheat, since other counties began to grow wheat as well. In August of 1929, France and Italy were bragging of a magnificent harvest, while the US had millions of bushels of wheat on the shelves that they couldn’t sell. This oversupply threatened to drive the prices down. It caused a little panic in the stock market but didn't cause anything significant. A month later, the wheat prices decreased from $1.49 per bushel to $1.31 because of the oversupply. It was devastating news, the stock market plummeted. People got frightened and began to sell their stocks to cash out before the stock market declines further. That only made the situation worse crashing the market even more. That day, October 29th went down in history as Black Tuesday. However, that was just the beginning. Since wheat prices were falling, farmers couldn’t pay back their debts, which created pressure on the banks. The panic has already spread to the entire country, and all that people cared about was cash, so they rushed to the Banks for their savings. Unfortunately, banks couldn’t pay back their obligations since their borrowers weren't able to pay them back their debts, so they had to shut down one after one. In just ten months, 744 banks failed. It didn't matter whether you had a good or bad business, people lost faith in the market, and all that mattered was to minimize the losses. As a result of that, even good legit businesses started declaring bankruptcy. The news spread to Europe and caused panic over there since many European countries have invested heavily in the United States. The panic caused the same thing over there, and soon the entire world was facing a great depression. Although this crisis happened almost a hundred years ago, financial crises, in general, are pretty similar, including the dot-com bubble of the 2008 crash. And the next global recession is going to take place in a very similar way. Nobody really knows for sure how and when exactly it's going to start, but we have multiple bubbles that are big enough to burst at any moment, such as student loans, healthcare, and, most important, the stock market itself. Since the last crisis, S&P500; has increased dramatically, this growth is definitely unsustainable, and when it crashes, it's going to create a panic that's simply going to make things much worst. We can't really avoid the recession because the world economy is so interconnected and dependent on each other that a crisis in the largest economy in the world, will take down the rest of the world with it. One thing is sure is that the recession isn't going to be forever. It might last a year, maybe two, maybe five, but eventually, it will recover. Just a year after the 2008 crash, in 2009, the sp500 increased by 26.5 percent. So don't panic and sell your investments when the media are shouting all over the place that if you don't sell now, you are going to lose every damn penny you have invested. Of course, some companies won't survive the crisis and go bankrupt as it happens in every crisis, but if you are an investor in an index fund, you should be fine. You probably will lose your job because companies will start cutting costs in order to survive, so if you are not vital to their survival, you might be unemployed, so make sure you have some savings on the side, at least. But the smartest investors will start investing heavily because prices will be at their lowest point. And once the economy recovers, they will be much wealthier. That's why they say. The rich get richer. It’s important you PREPARE for a recession in ways you can CONTROL: First, you CAN control whether or not you keep a 3-6 month fund in the event you lose your job or something unexpected comes up. This is absolutely ESSENTIAL for you to do. Second, you CAN control whether or not to have too many outstanding debts that might need to be paid down. If you’re over-leveraged, or if you have high-interest debt, it’s in your best interest to pay those off to free up cash flow in the event of a downturn. You CAN control how much you spend…if you’re spending is too high, it’s important to cut those back so that you can save more money to invest. And when you DO invest, invest long term. Ideally, these are investments you should plan to keep 10-20 years. For me, I see lower prices as an opportunity. And to alleviate some of these concerns, you don’t need to just drop ALL of your money in the market at once. Buy a small amount each and every month. This way, if the price goes down. you’re buying in cheaper and cheaper over time. If it goes up, you’re buying in a little bit little. And anytime when it comes to investing, slow and steady wins the race. This isn’t about making an immediate 10% profit in a month. This is about investing for your future in a slow, stable way where you don’t feel stressed whether the market goes up or down. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up 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!

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Blog Archive

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

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

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

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

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

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

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


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

Rabbi Stephen Weiss

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

Taxing People is Punishing Success

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

The Tax you pay is The Bill for Staying Stupid

Stefan Molyneux

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

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

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

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

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

USA Banker's Magazine, August 25 1924

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

Taxation is legalized Theft

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

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

Bob Dylan

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

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

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

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

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


Your Greatest Teacher is Your Last Mistake

The one who Controls the Education System , Controls Perception

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

Albert Einstein

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

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

Freedom is not Free

Don't Steal The Government Hates The Competition

Ron Paul

"Buy The Rumor , Sell The Fact " Peter Schiff

You can love your Country and not your Government

Jesse Ventura

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

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

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

Ronald Reagan

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

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

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

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

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

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

Serial Killer Richard Ramirez

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

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

Thomas Jefferson

"College is a waste of Money"
Albert Einstein

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

Education is what you learn after you leave School
Robert Kiyosaki

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

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

Dissent is the highest form of patriotism
Thomas Jefferson

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

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

"Aspire not to have More but to be More "

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

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

What You Own Owns You

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

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

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

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

Be The Change you want to see in The World

Failure inspires winners but defeats losers
Robert Kiyosaki ‏

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

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

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