Monday, September 5, 2022

10 Years of QE turned our Economy & Society into a Speculative Casino https://youtu.be/E8YNuPtYV70

10 Years of QE turned our Economy & Society into a Speculative Casino https://youtu.be/E8YNuPtYV70

How to Prepare & Survive Recession 2020 -- Economic Collapse -- Stock Market Crash The U.S. economy needs a re-set if it is to lift all boats, and the sooner the re-set occurs, the sooner we can dispense with all the cronyist intervention, self-serving manipulation and exploitive distortion that's turned our economy and society into a speculative casino that only benefits a few insiders and those who know how to rig the game in their favor. Most people are ill-equipped for recession, never mind Depression or Collapse. The secret to riding out a recession is no debt. Trump will be tweeting about amazing new economic data, a winning trade agreement with China right around the corner, incredible jobs numbers, super-mega worker productivity and corporate profits just as the FED's trading desk swings into high gear to buy up billions of dollars worth of US corporate stock and bonds! There is NO economy; there is only market manipulation. Realistically, it's too late for most debtors. We have at best a matter of months before the shit hits the fan. If you haven't ferreted away a few years worth of savings by now and vacated major population centers, you're unlikely to survive the Reset. Zombie corporations and local governments that have been insolvent in all but name will finally go bankrupt, clearing the system of their dead weight. Economies supporting zombie entities are sacrificing their capital to keep insiders afloat, which leaves less capital to invest in increasing productivity, which is the only way to increase broad-based wealth. The Everything Bubble will finally pop, stripping the system of phantom speculative wealth and fictitious capital. Price discovery will once again be possible, as all the central bank-inflated bubbles will deflate and real demand and supply will set the price of assets. Once central banks have been revealed as powerless, the quasi-religious belief in their omnipotence will dissipate, and people will finally start dealing with the Gilded Age excesses of the past 20 years. Common sense limits on financial predation and trickery will gather support, and tricks like corporate buybacks will be outlawed or restricted. If capital can't earn a low-risk return, then it can't flow to productive uses.Once central bank manipulation fails, capital might demand a yield, and in doing so, it will start a beneficial cycle in which speculation will no longer be enabled and rewarded by zero-interest rates or negative rates. Only those enterprises and households with productive uses for borrowed capital will reckon the interest costs are worth the risk of taking on debt. The bloated, parasitic banking sector will implode, and what's left of it will return to its proper role, a thin, regulated sector of the economy stripped of political power. All the cartels and monopolies that depend on debt will implode: banking, higher education, and ultimately national defense and sickcare, which depend on federal borrowing to fund their predatory pricing. The U.S. economy needs a re-set if it is to lift all boats, and the sooner the re-set occurs, the sooner we can dispense with all the cronyist intervention, self-serving manipulation and exploitive distortion that's turned our economy and society into a speculative casino that only benefits a few insiders and those who know how to rig the game in their favor. A profoundly shattering recession requires patience, fortitude and an awareness that the sacrifices demanded will be worth the pain if we rid our society of at least the top layer of financial and political parasites and predators that have corrupted our economy, our governance and our society. Does anyone really think The Everything Bubble can just keep inflating forever ! Surely nobody is that deluded. When the multitudes of the massive bubbles burst - the pain and sorrow will be Biblical for the common man and family. Not only are we facing the financial-economic debacle to eclipse those of the last several hundred years, this will unfold simultaneously with a grand solar minimum. The combination will be lethal for large swaths of humanity. Deep poverty and plummeting food production can only thin the human herd by hundreds of millions. Or some billions. Now, if that scenario doesn't have you rock-hard or dripping wet, allow one more factor to seal the record book. During prolonged privation, the stress of surviving intertwined Armageddons will ply havoc on immune defenses. Historically this is the time of rampant disease and pandemics. Factor in the unforeseen, such as the mutation of avian flu to human-to-human transmissibility, you have humanity reduced to pockets, ala "The Stand". 1/3 population may die in the process . And 1/2 the others will become so degraded, that it will resemble the Dark Ages . The Gigantic Sucking Sound is the Capital Destruction of the Western World Economies . Party on like it is the 476 - Fall of the Western Roman Empire . When the bubble pops, I do not see how in this fragmented society the center will hold. With the center gone, the supply chains break. Then all hell breaks loose. I have come up with a top 10 ways to survive the coming 2020 recession. #1. Take care of your health. Exercise. Eat healthy. #2. Stay out of debt. Live beneath your means. #3. Keep learning. Learn new skills. Learn how to fix and build things yourself. Invest in yourself. #4. Realize that government (at all levels) will lie to you. Government will not take care of you. Government will take everything you have if it means they stay in power one day longer. #5. Save. Buy a little gold and silver. Bitcoin if you must. But realize that this is just a little insurance and not much else. #6. Stay far away from bubbles. Hard to do when friends and relatives are getting "rich" and think you the fool . #7. Relationships are worth far more than "stuff." Families are worth way more than "stuff." Good friends are worth more than stuff. #8. Enjoy life. It doesn't take lots of money. #9. Learn how to shoot safely and have at least one gun. Even if you think you will never touch it again. #10. Be part of "something" bigger than yourself such as a Church or a volunteer organization that actually help people. All the issues we see today are the same issues seen over the last 2000 years.

The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Blog Archive

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


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

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

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

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

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

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

PHILIP ZIMMERMAN, DER SPIEGEL

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

Rabbi Stephen Weiss

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

Taxing People is Punishing Success
UNKNOWN

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

The Tax you pay is The Bill for Staying Stupid

Stefan Molyneux


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

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

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

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

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

USA Banker's Magazine, August 25 1924


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

Taxation is legalized Theft
UNKNOWN

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

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

Bob Dylan


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


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


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

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


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

GERALD CELENTE

Your Greatest Teacher is Your Last Mistake
DAVID ICKE

The one who Controls the Education System , Controls Perception
UNKNOWN

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

Albert Einstein

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


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

Freedom is not Free
UNKNOWN

Don't Steal The Government Hates The Competition

Ron Paul

"Buy The Rumor , Sell The Fact " Peter Schiff


You can love your Country and not your Government

Jesse Ventura


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

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

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

Ronald Reagan


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


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

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

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

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

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

Serial Killer Richard Ramirez

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

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

Thomas Jefferson

"College is a waste of Money"
Albert Einstein

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

Education is what you learn after you leave School
Robert Kiyosaki

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


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

Dissent is the highest form of patriotism
Thomas Jefferson

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


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

"Aspire not to have More but to be More "
UNKNOWN

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

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

What You Own Owns You
UNKNOWN

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

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

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

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

Be The Change you want to see in The World
UNKNOWN

Failure inspires winners but defeats losers
Robert Kiyosaki ‏

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

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

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