Economic Rant

February 01, 2019

"When the people fear the government, there is tyranny. When the government fears the people, there is liberty." -Jefferson


RETARDED HONDURANS ON THE WAY TO AMERICA

 

Did you know the average IQ in Honduras is merely 81? That defines imbeciles basically. Thousands of uneducated, disease ridden, criminal, defe­­­cti­ve imbeciles with no job skills are headed to America. That sure is going to improve our gene pool. They will be welcomed, and given endless welfare benefits- at your expense. Isn't that wonderful? Is America great or what? Notice all the videos show they are walking? Do you really think they walked to Mexico? That they will keep walking another 1,000 miles to the border? No, they are given buses, trucks, and trains to carry them here. All this is orchestrated by the NWO to turn America into a mixed race, retarded, low standard of living sh*thole. Their plan is almost complete.


THE FIVE STAGES OF A COUNTRY'S COLLAPSE

·     Stage 1: Financial collapse. Faith in “business as usual” is lost.

·     Stage 2: Commercial collapse. Faith that “the market shall provide” is lost.

·     Stage 3: Political collapse. Faith that “the government will take care of you” is lost.

·     Stage 4: Social collapse. Faith that “your people will take care of you” is lost.

Stage 5: Cultural collapse. Faith in “the goodness of humanity” is lost.


"Nobody ever lost a dollar by underestimating the taste of the American public."-P.T. Barnum

 

GOLD IS THE MONEY OF KINGS. SILVER IS THE MONEY OF GENTLEMEN. DEBT IS THE MONEY OF SLAVES. LEAD IS THE MONEY OF REVOLUTION.

 

Never forget the main reason to own guns is to protect yourself from the government. The reason our Founding Fathers wrote the 2nd Amendment was to keep the government under control. "The best way to enslave the population is to disarm them."

 

MONEY IS GOLD AND SILVER AND NOTHING ELSE

 

MONEY DOESN'T BUY HAPPINESS- JEFF BEZOS PROVES IT

 

There are over 2,200 billionaires in the world. Cuban Jeff Bezos is the richest of all with $112 billion estimated net worth. He has been married to MacKenzie Tuttle for 26 years, and has four children, but can't keep his weenie in his pants. You know adultery is one of the Ten Commandments. It is that important. People like Bezos have no character, no morals, no scruples at all. He is a failure as a person, as a father, and as a husband. Now he is facing the world's largest divorce settlement in history. There is no prenup, since neither of them had any money in 1993 when they were married.

 

"No one ever made a difference by being like everyone else." -P.T. Barnum

 

AMERICA IS $14 TRILLION IN PERSONAL DEBT

 

That is about $44,000 for every baby, child and adult. A family of four is $176,000 in personal debt. This personal debt is in addition to the $200 trillion in national debt.

 

EVERY AMERICAN OWES $700,000 IN NATIONAL DEBT

 

Yes, $700,000 for every baby, child and adult. A family of four owes about $2.8 million  in national debt. We'll just round that out to every family of four owes $3 million. Wow, how are we going to pay that off? We aren't and we can't. It will be "paid off" in the form of the worst depression the world has ever seen. The Great Reset. The greatest transfer of wealth in history. Own silver and be on the right side of this transfer.

 

BANKS ARE COLLAPSING

 

This is the BKX Bank Index. This is THE banking index for the 24 biggest banks. For over a year now the major banks have been failing. When the banks fail, everything fails. Expect a bail in soon where they take YOUR money.


FOUR FUTURE EVENTS

 

The stock markets will collapse. Real estate is already collapsing. Savings will disappear. Unemployment will triple. Nothing good is ahead of us. You can see tomorrow if you just take a close look at today. Great events cast their shadows before them. Just pay attention and  you can see the dark shadows very clearly.


MONEY ISN'T MOVING ANYMORE

 

Money velocity has been falling for 10 years now. Money must move in a healthy economy. Money isn't moving because our economy has been stagnant for a decade now. This isn't going to improve. It will get worse.


PROOF MONEY VELOCITY PREDICTS DEPRESSIONS

 

This 109 year chart clearly predicts depressions. The greatest depression the world has ever seen is coming. The recent 5,000 point fall in the DJI from 27,000 to 22,000 proves it. Get your money out of stocks and into physical silver bullion you hold.


ABLE BODIED PEOPLE AREN'T WORKING

 

The labor force participation rate has been falling for 20 years now. Why isn't anyone working? Tends of millions of able bodied, employable people just refuse to work. The real unemployment number is about 22%, not the ridiculous 3% the government lies about.


ALL THE GOVERNMENT EMPLOYEES ARE ON PAID VACATION


Are you aware the federal government workers are on paid vacation? They will all get full back pay for doing nothing. The endless stories about "starving government workers" is patently ridiculous. Don't forget the state, county, city, and town employees aren't affected be a federal shutdown at all. It gets more ridiculous to hear about how much money we're losing! Shut the federal government down permanently and we would be infinitely better off. The government is an albatross around our necks. The less government we have, the more affluent, happy, free, and productive we are.

 

CALIFORNIA REAL ESTATE CRASH PREDICTS THE FUTURE

 

Corelogic reported that sales of new homes, existing homes, and condominiums nation-wide  have fallen a full 12% in the last year. At that rate, in four years, the price of houses would literally be cut in HALF! The California real estate crash is accelerating and spreading east. The Dow U.S. Home Builders Index (DJUSHB) verifies this. Are you underwater in your house? Then give the keys to the bank and leave. Are you going to  retire in your home? Then it doesn't matter what it's worth unless you are underwater.

Egon Von Greyerz says real estate will fall 75% to 90%.

 

LOOK AT THIS 119 YEAR CHART-  HISTORICAL BUBBLE

 

About 35 years ago in the 1985 area look what happened. The market went from about 2,000 to 27,000. Now common sense tells you this is ridiculous, plain damned ridiculous.

This is the biggest stock bubble in the history of the world. Yes, that includes Tulip Mania and all the rest. Why do you think the Dow just fell 5,000 points from 27,000 to 22,000? THAT IS YOUR WARNING. Get out of all stocks, bonds, annuities, 401k, IRA, Treasury paper, paper currencies, and all the rest. Buy physical silver bullion you hold yourself. No vault storage, no unsafe deposit boxes, no ETFs, no paper silver, just real bullion you have in your personal possession. Get creative and you'll figure out how to hide it safely. Build a false wall. Put a concrete patio over it. Whatever you have to do. All paper will be worth paper. Nearly all the silver and gold in the world now is PAPER, digital, non-existent, imaginary. That's right, only a tiny percent is real bullion.


EVEN THE REALTORS ADMIT HOME SALES AND PRICES ARE CRASHING

 

The National Association of Realtors (NAR) is never negative on real estate. Why? Their jobs depend on real estate always going up. Well, nothing can keep going up and up, and never correct. NAR finally was forced to admit that home sales are in the toilet and the toilet is about to be flushed. The average home will sell for $100,000, not $230,000. Home sales and home prices are crashing. Home inventory is rising dramatically. People can't give away their houses anymore.


OUR DEBT IS OVER $200 TRILLION, NOT $28 TRILLION

 

Have you noticed nearly all the financial writers, no matter how good, keep claiming the U.S. National Debt is a mere $20 or $22 or whatever trillion. That's absurd. You have to include the REAL debt of unfunded liabilities such as Medicare, Medicaid, Social Insecurity, and the long list of other "entitlement" programs. We owe more than $200 trillion. That comes to about $700,000 for every baby, child, teenager, adult, and elderly people in America. A couple owes $1.4 million. A family of three owes $2.1 million. A family of four owes $2.8 million. Then add the personal debt of $44,000 per person. We can't even pay that off, much less the $700,000 each we owe. THIS WILL BE PAID! It will be paid by the Great Reset, the Much Greater Depression. Buy silver and be on the winning side of the Great Collapse.


SOCIALISM HAS NEVER WORKED AND NEVER WILL WORK

 

Socialists kill themselves and everyone they come in contact with.



TAKE A GOOD LOOK AT TODAY TO SEE TOMORROW

 

■      Bond Market Turned Down & Interest Rates Up

 

Two-Year, Five-Year, and Ten-Year yields have bottomed. The 30 year bond market is finished. Bonds are the largest regulated market on earth by far. Derivatives are much larger, but unregulated. Derivatives are several times larger than the entire world production!!! Derivatives are a time bomb that will take down the world economy when they implode. We know they will implode, but not when. All debts get paid all the time every time by either the buyer or the seller.

 

■      Housing Market Turned

 

DJUSHB Home Builders Chart has been falling for a year now.

Mortgage rates bottomed in July 2016.

Mortgage applications have fallen hard.

 

■      Stock Markets Worldwide are collapsing

 

Chinese Shanghai German DAX, UK FTSI, NASDAQ, DJY, DJI, and DJT all peaked   in 2018.

 

■      Debt Crisis Grows by the Day

 

 U.S. “official” national debt is nearly $22 trillion, the real debt is over $200 trillion.

 Global debt is "officially" $250 trillion, but really well over $2 QUADRILLION.

Worldwide debt is growing exponentially faster than the economies which support the debt. Debt can’t be repaid unless the major world currencies are devalued.

Default and/or hyper-inflation are visible on the horizon.

The coming recession will devastate tax revenues and worsen the debt crisis.

We can’t fix a debt problem with more debt.

 

□      More Currency Collapses are Ahead

 

Venezuela, Argentina, and Turkey printed currencies that have collapsed or fallen. Others will follow.

The euro is vulnerable. Italian and Spanish debt is dodgy.

Deutsche Bank and several Italian and French banks may fail.

Trillions in U.S. “sub-prime” corporate debt may default.

Many countries seek dollar alternatives, which will weaken the dollar further.

The dollar is vulnerable as Washington politicians will need the 2019-2020 version of QE to continue their “out-of-control” spending.

 

□      Runaway Inflation

 

The coming inflation will far eclipse the extreme U.S. inflation of the 1970s.  All this was created by irresponsible spending, debt creation, Fed policies and monetization.

 Prices for food, energy, and services will explode as government fails to intelligently control spending.

Loss of purchasing power will devastate savings and retirements for everyone but the top few percent. The Great Reset is coming. It is happening now, not tomorrow.

 

 

 

□      Civil Disorder is Coming

America has been a socialist nation for a long time now, although the masses aren't intelligent enough to see it. Most people now are living on some kind of government assistance. This will dry up when the various levels of government (federal, state, county, city, and town) cannot pay welfare payments.

These people will turn violent and riot in the streets when they are cold and hungry. They will have nothing to lose at that point. The police and military are far too miniscule to control mass disruption on a national scale. But they will try and lots of people will be shot- citizens, military, and police. 

 

□      Rise of Global Digital Currency

 

Decades ago the Economist  magazine predicted the Phoenix currency would be the first world "money". The NWO wants a global currency. Cash will be eliminated and is well on the way to taking over paper currencies.  Every single currency on earth is worthless for the first time in history. Not one of them is baked by anything. The IMF and BIS banks will be the major controllers.

 

AN OUTRIGHT COMMUNIST PRESIDENT WILL BE ELECTED IN 2020

 

A “hard left” Democrat will win the 2020 election, and will advocate Universal Basic Income, higher taxes, larger deficits, free tuition, infrastructure spending, Medicare for all, student loan forgiveness and more. Democrats will expand their desired “free” list. More giveaways will be implemented, debt will rise, and will further weaken the dollar.

A Democratic President may “print” trillions to bail out insolvent public and private pension funds, expanding a costly precedent begun in 2009.

Government and The Fed will attempt to solve another debt crisis with more debt. When will they learn?

Watch gold and silver soar as the dollar collapses. Breakdown of social structures, civil disorder and riots follow runaway inflation and the ensuing loss of confidence in government, currencies, and banks.

The globalists will "never waste a crisis", and will use the unrest to increase their controls.



LOW TAXES EQUAL PROSPERITY FOR EVERYONE


Surprisingly, lower taxes mean MORE government income, not less. The more the government raises taxes, the less they get. Low taxes mean prosperity for everyone.

 

TRACHTENBERG PREDICTED U.S. COMMUNISM 74 YEARS AGO

 

"Liberal". "Progressive". "Democracy". These are all Orwellian terms for communism and socialism. Remember Lenin said, "Socialism is the bridge to communism." Liberals have a mental disease, as do progressives. We do NOT live in a democracy. There has never been a true democracy on this earth and never will be. We live in a federal republic, not a democracy. The word "democratic" becomes confused with the word "democracy". This is a flaw in the English language.


MULTIPLY THIS CHART BY 10- $250 QUADRILLION

 

The economic writers keep repeating the entire world Global Debt is a mere $250 trillion dollars. It is probably more like $250 quadrillion- TEN TIMES THE OFFICIAL FIGURE.


INVADING VENEZUALA COULD START WORLD WAR III

 

Why would Trump recognize Juan Guaido as the "true leader" of Venezuela? He was never elected. Maduro was elected by the retarded voters. The majority of voters still support him even though they are starving to death. The police and military also support Maduro. Invading Venezuela is prima facie insane. Russia and China have already sent troops to protect Maduro. Trump is trying to start World War III over a lousy banana republic. ­­­­­Guaido is just another socialist-communist in a long, long line. Replacing Maduro with him is just rearranging the deck chairs on the Titanic. They have never once had a free society. We are ready to invade Venezuela. Guaido is just a little less evil than Maduro. He is president of the National Assembly. He is a member of the socialist Popular Will party. They were admitted to Socialist International in 2014. Latinos genetically prefer dictatorships, socialism, and communism. There has never once ever been a free society in any country south of Texas. (Yes, Argentina was affluent between 1860 and 1930 because the population was basically white.) The standard of living in Mexico, Central America, and South America has always been miserable, and will always be miserable. It's genetic. Who else on earth told you Guaido is just a little less evil socialist-communist than Maduro? Remember Lenin said, "socialism is the bridge to communism." Subsituting Guaido for Maduro will improve nothing and change nothing.

 

"THE WALL" IS A SMOKE AND MIRRORS FRAUD TO DISTRACT YOU

 

Folks, The Wall is baloney, plain and simple. THE WALL WOULD NOT WORK.

It won't cost a mere $5 billion. It will end up costing more like $100 billion. It won't help. It won't stop illegals from pouring in. The cost or maintaining, repairing, and manning the wall cannot really be calculated- but would be an impossible financial burden. You can see videos of people pouring over high steel walls in Texas with a mere $50 aluminum ladder. This pretend fight between the Republicrats versus the Republicrats is pure theatre. Tweedle Dum and Tweedle Dee pretending to have a fight. These is only one party in America- the Republicrats. The answer to illegal immigration is to arrest every illegal today. Take fingerprints, retina scans, DNA, and facial biometrics of them. Make them serve five years in a forced labor camp- including their children. Then deport them. A life sentence if they return for any reason. Pass laws that make employers Xerox government photo ID of anyone they hire. The employer and employee both go to prison if an illegal alien is working for someone. That would put an end to all this tomorrow morning. With no jobs, they would all go home. Nobody with a brain in their head would hire anyone without Xeroxing their government photo ID and keeping it on file permanently.







Copyright © 2008 Economic Rant. All Rights Reserved.