Economic Rant

November 01, 2017

ISRAELI MOBS CALL FOR PALESTINIAN GENOCIDE


Doncha just love that sign, "kill them all"? Well, the Israelis are doing their best to exterminate the Palestinians and take their land. There are only two empires on earth today- Israel and America. All empires fail miserably and fall into poverty and ruin. From Rome to England all empires collapse under their own weight. America will soon be a third world backwater- like England is now.

 

LIBERALS WANT TO REPEAL THE ENTIRE 2nd AMENDMENT

 

Michael Moore, the disgusting, obese, smelly, ugly "movie producer", wants to repeal the 2nd Amendment right to own guns. The problem is, he has a lot of support. The entire Las Vegas slaughter of innocent people by "our" government was about banning guns.  It is probably Paddock never fired one shot. Only a few dozen shells were found in his room. He was just a patsy like Lee Harvey Oswald. Even the NRA is on the bandwagon for more gun laws. Is all you see in the media now is endless calls for "more gun laws". If you don't have a black rifle and a semi-automatic 9mm pistol then run out and buy them. Buy all the hi-cap 30 round magazines you can afford. Buy ammo by the 1,000 round box for $300. Right now you can get 30 round magazines under $15 for ARs, AKs, and mini 14s. Trump has broken every promise he made before the election. Expect him to help pass more gun laws. You need to buy your guns, magazines, and ammo now, while you can still get them. You can get an AR-15 almost everywhere now for $500.  Be clear about this. The government is after hi-cap mags, online ammo sales, and banning semi-automatic rifles (they call them "assault rifles"). This is just the start. Eventually, all the guns will go. The main reason to own guns is to protect yourself from the government.

 

MARC FABER NOW A PARIAH FOR TELLING THE TRUTH 

Marc puts out the Gloom, Boom, and Doom Report. He simply said America was great because white people created it. Here is what he said:  

"But the very same people are now disturbed by statues of honorable people, whose only crime was to defend what all societies had done for more than 5,000 years: keep a part of the population enslaved," Faber wrote in part. "And thank God white people populated America, and not the blacks. Otherwise, the US would look like Zimbabwe, which it might look like one day anyway, but at least America enjoyed 200 years in the economic and political sun under a white majority."

 

COT REPORT COULD BE WORSE



The above chart only goes to the 13th. Nothing really changed on the 20th or27th. The lower purple lines show the commercial short positions. (Thanks to Software North.)

Why bother with figures, since nothing much has happened with the commercial short positions. The rising dollar and falling HUI are the issues to watch right now. Silver has fallen to $16.70, and gold to $1,270, and the HUI to 186.

 

Let’s look at the DJI compared to gold and silver. Back in 1980 the DJI to gold ratio was 1 to 1. Now it is 18 to 1. The DJI to silver ratio was 17 to 1. now it is an incredible 1,400 to 1!!! Yes, you need 1,4000 ounces of silver to equal the DJI. The world has gone in-sane folks. You are going to see the biggest transfer of wealth the world has ever seen. Stock, bonds, derivatives, the dollar, and real estate are all going to collapse. Gold and silver are going to skyrocket. Gold and silver have been the only real money for 5,000 years. Now we have tulip mania cybercurrencies with no value whatsoever. None. Zero. Mere computer entities with nothing backing them up. People like Jeff Berwick at the Dollar Vigilante and Steve Wozniak at Apple are now pushing these.

If Hitler Had Won World War II We’d Have A Better, More Just World Today

Legendary U.S. General George S. Patton realized late in the war that the United States fought the wrong country. Patton felt the U.S. should have sided with Germany to destroy Jewish Bolshevik/Communist USSR. This information comes from Patton’s diary entries, letters he wrote to his wife, and comments he made to military officers and staff.

WWII was essentially a war between two competing ideologies: Nationalism vs. Jewish internationalism/globalism. Adolf Hitler and his allies fought to preserve the concept of nationalism, not just for Germans but for all peoples the world over. Nationalism really just means the sovereignty of an ethnic people, and the right of every people, within their own bordered country, to self-determination. This applies to every country in the world.

Had Hitler won World War II, what would be different in the post-war world? Here are  just a few examples:

1- No USSR (the Soviet government murdered millions of its own people during its 70 year reign. Hitler would have liberated the USSR.

2- No cold war since there would be no USSR.

3- No Communist Eastern Europe, East Germany, or Iron Curtain. Eastern Europe fell to  Stalin as his spoils of war.

4- No Red China and Mao’s subsequent killing of 40-60 million Chinese.

5- No Communist North Vietnam or Ho Chi Minh.

6 -No Communist Cambodia and Pol Pot’s slaughter of 2 million Cambodians.

7- No separation of North Korea and South Korea. North Korea was another of Stalin’s spoils of war.

8- No Communist Cuba since Castro would have had no support.

9 -No Communism anywhere on earth.. Hitler was a fervent anti-Communist.

10- Liberalism and multiculturalism wouldn’t dominate Western culture.

11- No social engineering tools like Cultural Marxism and no political correctness.

12- No third world immigration into Europe, Canada, or the U.S. America would be a white country with some blacks and Amerindians. There would be a white only immigration policy like Australia used to have.

13- No control of the media by Jews. No depraved filth on TV, books, and in movies because Jews wouldn’t run Hollywood) A free press telling the truth without fake news.

14- No widespread pornography.

15- There would still be prayer in public schools.

16- Palestine instead of Israel, and all the problems it has brought the USA and the immeasurable misery it has wrought on the Palestinians

17- Jews would be living in Madagascar or another homeland. They would have their own culture, traditions, religion and freedom.

18- The Zionist Federal Reserve would have been abolished for a real bank.

19- Homosexuality would not be promoted, and the word "gay" would not be used for them.

20- We wouldn't have inflation and money printing. The dollar would be backed by gold and silver.

21- Crime would be very low, and violent crime would be seriously prosecuted. The white crime rate around the world is very low. Our prisons are less than 40% white.

22- Gun rights would be written in stone. Hitler GAVE Germans back their gun rights back after the Weimar Republic took them, and never "registered the guns".

23- Unemployment would be very low and not the current 24%.

24- Yes, Hitler believed in nationalizing major industries (e.g. steel) and travel (e.g. trains). Everything else was purely free market, not our "crony capitalism".   

25- Very low population since white people don't reproduce and immigration would be severely limited. No 325 million people in America.

26- There would be no Women’s Liberation and whining about discrimination, glass ceilings, misogyny, chauvinism, and the rest. Women would be totally happy being women, and would love and be proud of what they do.

 

REALITY IS UPSIDE DOWN

 

It takes 352 ounces of silver to buy 1 Bitcoin. All cybercurrencies have no value at all, and are mere computer entries.  Tulip bulbs come to mind, along with tech stocks in 2000, Tesla in 2017, and real estate in Silicon Valley. Putting it all in perspective it takes a mere 19 Bitcoins to buy 1 Tesla. It takes 6,688 ounces of silver to buy 1 Tesla. It takes 10 shiny new Teslas to buy a 4- room shack in Silicon Valley. It takes 58,823 ounces of silver to buy that same shack. The stories of fortunes lost/fortunes made will one day amaze future generations. This will be the greatest transfer of wealth the world has ever seen. Bitcoin will disappear. Tesla will disappear. The median home in America will sell for $100,000. The dollar will be simply abandoned. Silver will probably go to $500 and gold to $6,000. You’ll be able to buy a median house for 200 ounces of silver. Today that 200 ounces of silver only costs $3,400. Yes, an entire house for $3,400 if you put your life savings into physical silver bullion you hold yourself. And you’ll be able to buy a $50,000 luxury vehicle for 100 ounces of silver. That will cost  you $1,700 today. Silver is the most undervalued asset on earth. Gold and silver have

been the only real money for 5,000 years.

 

BITCOIN INSANITY- UP 25X IN FOUR YEARS



HOUSING BUBBLE IS ALREADY BURSTING IN CALIFORNIA


This is huge folks. Great events cast their shadows before them. The California bubble is bursting. The median price for a U.S. home is now $234,000. You are going to see that fall to about $100,000 when all is said and done. The worst  housing bubble is in the People’s Republic. We previously published a chart showing that home prices have peaked and are falling in Southern California. This collapse will travel east to the North-west. PANIC drives collapses, and panic will drive this collapse. (Thanks to Wolf Street, a very good website.)

 

LOOK AT THESE INSANE CALIFORNIA HOME PRICES

The median home price in San Mateo county is $1,400,500? San Francisco $1,350,000? Main $1,250,000? Santa Clara $1,180,000? You don't get mansions for this price. You simply get nice homes for over $1 million. This is going to end very badly, and the bubble is already bursting. Again, the median home price in America is only $234,000. This will go to $100,000 or maybe even lower. Problem is, no one will have any money.  People who invest in silver today will have lots of REAL money and will be able to buy anything they want at vastly discounted prices.



This 1,766 S.F. house in Marin County was built in 1953 (64 years ago). It has 3 small bedrooms and 2 bathrooms. It sells for $1.5 million. Anywhere else you couldn't get $250,000 for a house this old. Everyone in California has gone completely nuts!

 

$1.5 MILLION FOR A $250,000 64 YEAR OLD HOUSE???



Speaking of the People’s Republic, it used to be the 6th largest economy in the world. Now it is 12th and behind Mexico. Only Silicon Valley is supporting the entire state, and people are fleeing Silicon Valley for greener pastures. California has 12% of the U.S. population with 39 million people. However, it has the highest poverty rate in the country with an amazing 23% poor people (under $24,000 household income). Stop and think about that- one fourth of everyone is broke. They are only 19th in the world for GNP per capita. That’s terrible! Support the www.yescalifornia.org movement so they will secede. They are a malignant cancer growth for our country. That state is the ONLY reason Hillary won the popular vote. They have gone outright communist, and dropped the socialist smiley face. Never forget what Lenin said...”the goal of socialism is communism.”

The cost of living in California is 36% higher than the rest of the country.

As goes the People's Republic, so goes the nation. This has been true for over 100 years now. Moonbeam Brown belongs in a mental hospital, but the citizens just love him!

 

HOUSING BUBBLE 2 WILL TAKE DOWN AMERCIA- 15 YEAR CHART



Thanks to wolfstreet.com for this fine chart. A good website to go to, by the way. What can’t continue, won’t continue. Housing has to go down to at least 3 to 1 price to salary.

THAT WOULD PUT THE MEDIAN HOME AT ABOUT $75,000, not $234,000. Yes, a collapse of more than 2/3. A $150,000 home will drop to about $50,000. A $600,000 home will drop to about $200,000.

 

ISRAELI PRESIDENT RIVLIN IS AN ANTI-SEMITE

 

Reuven Rivlin is the President of Israel, but doesn’t get nearly the attention that Satanyahu does. Rivlin publicly stated, “Israel is a sick society, with an illness that needs treatment.” Then he said, “I think the ‘Holocaust’ against the Palestinians is worse than Nazis.” He emphasized, “we’ve forgotten how to be decent human beings.”

 

H.L. MENCKEN PREDICTED OBAMA WOULD BE PRESIDENT

 

“All the odds are on the man who is, intrinsically, the most devious and mediocre- the man who can most adeptly disperse the notion that his mind is a virtual vacuum. The Presidency tends, year by year, to go to such men. As democracy is perfected, the office of president represents, more and more closely, the inner soul of the people. On some great and glorious day the plain folks of the land will reach their heart’s desire at last and the White House will be adorned by a downright moron.”

 

ILLINOIS IS YOUR WARNING

 

Illinois is totally bankrupt and collapsing. This is the first state to fall. Like dominoes, the rest will fall. The People’s Republic of California is far more broke, and their collapse will be absolutely WONDERFUL!!! Good riddance.

 

DOW BUBBLE IS THE BIGGEST IN HISTORY



This is the biggest stock bubble in human history. Things were fine until about 1985. Notice the Great Crash of 1929 is barely detectable. Since the crash of 2008, the DOW has gone from 7,000 to 23,000 in 9 years. What can’t continue, won’t continue. More than triple in only 9 years? Preposterous.

 

SIX DAYS LATER THE GREAT DEPRESSION HIT (Black Tuesday)

"The nation is marching along a permanently high plateau of prosperity." -Irving Fisher, Yale University October 23, 1929

DOLLAR GOING TO ZERO ON PURPOSE

 

What did Vladimir Lenin actually say about currency debauchment in 1920? The complete quote was: “Experience has taught us it is impossible to root out the evils of capitalism merely by confiscation and expropriation, for however ruthlessly such measures may be applied, astute speculators and obstinate survivors of the capitalist classes will always manage to evade them and continue to corrupt the life of the community. The simplest way to exterminate the very spirit of capitalism is therefore to flood the country with notes of a high face-value without financial guarantees of any sort.  Men will cease to covet and hoard it so soon as they discover it will not buy anything, and the great illusion of the value and power of money, on which the capitalist state is based will have been definitely destroyed. This is the real reason why our presses are printing ruble bills day and night, without rest.”

“Lenin was certainly right.  There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.  The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.” –John Maynard Keynes

EVEN HARVEY IS TOO DISGUSTED


EGON VON GREYERZ SAYS DOW WILL FALL TO 1,000

 

The Dow has had four severe corrections in the past 48 years. The last one was 10 years ago. Look at the insane rise since 2009 from 6,000 to 24,000. 400%???  Always remember crashes fall far, far faster than they rise. It will be hilarious to see all the sheeple get sheared. Egon’s only problem is he doesn’t understand silver is at least five to seven times better than gold. The ratio will fall from 76 to 1 down to 15 to 1, or even 10 to1. This is the natural, historical ratio. Silver is the best investment on earth.


 

THIS DEBT CHART ONLY TELLS PART OF THE STORY- IT'S REALLY 133X


U.S. total debt is north of $200 trillion, not a mere $70 trillion. This chart claims we are currently $70 trillion in debt. (Our real GNP is down to a mere $14 trillion). Actually, we are north of $200 trillion in debt. So our debt has gone from $1.5 trillion in 1969 to over $200 trillion today. That is 133 X in 48 years, not “merely” 48X. Stop and try and grasp this- 133 times debt growth in the last 48 years.


This 57 (from 1960) year chart shows how total credit market debt has exploded to incomprehensible levels. We’ll keep saying this...there is  no such thing as an unpaid debt. All debts get paid all the time, every time. Either the buyer or the seller pays the debt. YOU ARE GOING TO PAY THIS $66.7 TRILLION DEBT.                                             

                    

Want to know just how bad the job situation really is? Delta only accepts about 1% of all applications for flight attendants. That is about 1 in 100 women who apply. It's a tough, unrewarding, draining job that pays all of $12 an hour and involves a LOT of training.  If they need 1,000 attendants they get about 100,000 applications. 99,000 don't get a job.  Of course the government makes them hire a certain proportion of non-white women regardless of their qualifications, or lack thereof. Notice men aren't complaining about discrimination here. The real unemployment rate is still about 23%.   The Republicans (socialist party) are now joining the Democrats (communist party) to pass more gun laws. Criminals will always have guns.


California is Liberal Lunatic Wasteland Beyond Saving

Please watch this hilarious but upsetting 3 minute video by our friend Marc Dice.  Parents are bringing their little children to listen to homosexual book readings by Satanic drag queens!!!  https://www.youtube.com/watch?v=AzFA65oJtqA

Do yourself a favor and watch this 3 minute video. You'll be appalled. Reality is much stranger fiction. Pray that an earthquake puts the entire state into the Pacific Ocean.

 

Look back at the 1970 area. Things were going pretty well overall. We had a very low money supply to savings ratio. Every time we had a bubble in this (too much counterfeit money and very little savings) we had a crash- 1987, 2001, and 2008. (Thanks to In Gold We Trust Report.)


CAN YOU SEE THE TOTAL DESTRUCTION OF AMERICA?




THE ABOVE IS A HOME PRICE TO INCOME RATIO CHART

 

The median home price in America is $258,300, and the median home income in $56,000. That's a 4.6 ratio. 3 to 1 would be reasonable This amounts to a couple making a mere $14 an hour each. Take home is about 2/3 of that of course. This leaves about $38,000 to live on  and pay off a $258,300 house with INTEREST. that's a 4.6 ratio. That isn't going o happen of course. That is the average for 100 million households though. In other words, Americans are living far, far over their heads and are up to the eyeballs in debt.

Look at each of the 32 cities. Manhattan is the worst in the country with $1.27 million homes and $77,600 salaries. That’s like a couple making $19.50 an hour each. This a 16.4 ratio, which is completely insane.

A ratio of4.1 to 5.0 is seriously unaffordable.

A ratio of 3.2 to 4.0 is plain old unaffordable.

You need a ratio of 3 to 1 or less to reasonably pay for your house. If you want a $250,000 house, you better be making $83,000 a year. That means both people in the house make about $21 an hour, which is $42,000 a year.

That's it for November. See you in two weeks. Prep for whatever is down the road. Be ready. Be prepared.


 

 

 


 


 



 

 

Copyright © 2008 Economic Rant. All Rights Reserved.