Economic Rant

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February 15, 2019

Gold is the money of kings. Silver is the money of gentlemen. Barter is the money of peasants. Debt is the money of slaves. Lead is the money of revolution.

AMERICANS HOPELESSLY UP TO THEIR EYEBALLS IN DEBT

 

Take a good hard look at this chart. In the last 30 years Americans have skyrocketed in personal debt. THIS DOES NOT INCLUDE THEIR MORTGAGE. This is just personal debt they are paying heavy interest on.  The blue line is merely the interest they pay, not the principal. Now just imagine what their actual debt is. All debts get paid all the time, every time. Either the buyer or the seller pays the debt. This is right from the Bureau of Economic Analysis. You can't argue with facts like this. The Much Greater Depression is right around the corner. What can't continue won't continue. Extreme debt is the problem. This debt gets worse by the day.

 

MORE DEBT!!!


STILL MORE DEBT!!!

 

The only reason the government gave gullible morons student loans was to make debt slaves out of them. TO GENERATE INCOME. Now these people owe $1.6 trillion in student loan debt. The interest on this is incredible. It is government income. The government is garnishing their salaries, taking their passports, and seizing their Social Insecurity checks- among other means. Let's say someone owes $50,000. At 5% interest they will pay $2,500 a year for the rest of their lives, and still be $50,000 in debt when they die. That also means they will have to earn $3,750, pay $1,250 in taxes, just to keep the $2,500 to pay off their debt. So, the real cost is $3,750 a year. The "education" you get at most all colleges and universities today is useless. Yes, that includes the most expensive Ivy League ones. You won't make much money with their degrees overall.

This is especially true of "liberal arts" degrees. Stalin, Lenin, and Marx would be proud of the extreme left American education system today.



WE'RE HOPELESSLY DROWNING IN DEBT

The rising blue line is exploding debt over the last two decades.



TRUMP IS A LYING WARMONGERING ZIONIST SOCK PUPPET

 

This is what he said before the election.....
“We’ll stop racing to topple foreign regimes with a policy of intervention and chaos because we’re all over the place fighting in areas that  shouldn’t be fighting in.”

Instead, he has INCREASED the wars in the Mideast. He lied about removing the troops from Syria. He now says, "We have to protect Israel." Yes, he admitted the only reason we start wars in the Mideast is to protect Israel. Now we have troops in Venezuela, have declared an unelected communist as their new president, and are starting World War III with Russia and China. OUR TROOPS ARE DYING TO "PROTECT ISRAEL". The innocent citizens of sovereign countries are dying by the millions to "protect Israel."

Trump solemnly promised to protect our gun rights and the Second Amendment. Gun hater William Barr was just confirmed as Attorney General. There go the guns!

 

"BECAUSE GOLD AND SILVER ARE THE ONLY HONEST MONEY, THEY ARE ALWAYS DISLIKED BY DISHONEST MEN"

 

THE RICH DO HAVE ALL THE MONEY- THEY PAY MOST ALL THE TAXES

 

It was never intended to quote from a communist rag like Mother Jones, but here's a chart showing the rich have all the money. This is NOT due to real capitalism, free trade, or free markets. It is due to our sick corrupted system or corporate capitalism, aka crony capitalism. The top 1% of Americans have 35% of all the money. Most of the 1% are people like your author who live frugally, have a personal 501c3 foundation, and give away most all their money. The top 1% pay 40% of the taxes. The bottom 50% pay a mere 3.5% of the taxes. The other 49% pay the rest. Read the book The Millionaire Next Door. Most rich people do not live rich lifestyles at all. Most rich people lead modest lifestyles. The media tells you all the rich live in extreme luxury, and only the rich are happy. Money buys happiness, and only the 1% are happy. Baloney! Actually those who live lives of luxury are overwhelmingly unhappy and dysfunctional. "The greater the outward show, the greater the  inward poverty" (Krishnamurti). So, the top 1% pay 40% of all the taxes, while the bottom 50% pay only 3.5%, yet the liberals want the rich to pay more??? Again, the top 1% already pay 40% of all the taxes. That's more than enough.


THE TOP SIX DEMOCRATIC COMMUNISTS FOR 2020

 

Right now Pocahantas leads the pack. Followed by Sanders, Harris, Biden, Booker, and Gillibrand. There are at least two dozen more rabid communists who are so delusional they thing they will be elected in 22 months. The list grows every day!

 

POCAHANTAS CLAIMED TO BE A REAL AMERINDIAN IN 1986

 

Here is her Texas State Bar Association card from 33 years ago claiming to be AN ACTUAL AMERICAN INDIAN. Not merely to have some Indian heritage, but to be an actual American Indian. What a dirty lying scheming sociopath bitch! She said she, "got no benefits from this". Really" Harvard bragged she was, "the first woman of color to graduate" from their law school. The ONLY reason she lied was to benefit from affirmative action laws.


MULTIPLY THIS CHART BY 10X­­­­­­

 

We keep repeating the federal unfunded debt is over $200 trillion, and not merely $22 trillion. That comes to about $700,000 for every human being in America. A family of four owes $2.8 million in national debt- plus unpayable personal debt.


THE AVERAGE HOME WILL GO FROM $230,000 to $100,000



The housing crash is snowballing and growing by the day. Home prices worldwide are falling. Home sales worldwide are crashing. The home builders have been failing for over a year now. The home builders always predict a real estate crash. Google "DJUSHB chart" to see the Dow Jones U.S. Home Builders. We've printed this repeatedly.

 

REAL UNEMPLOYMENT IS 22% NOT 4%



Never forget the unemployment rate during the Great Depression 110 years ago was 25%. We have a real depression number of people not working. Red is the fake government figure. White is the real figure.

 

SOCIALISM IS THE EQUAL SHARING OF MISERY

SOCIALISM IS THE PHILOSOPHY OF FAILURE

SOCIALISM IS THE GOSPEL OF ENVY

SOCIALISM IS THE CREED OF IGNORANCE


The demoncrats want to pass the New Green Deal Act. This has nothing at all to do with ecology, the environment, or saving Mother Earth. It is about using fake global warming propaganda to promote socialism and communism. This will impoverish and enslave Americans. Think Cuba, North Korea, or Myranmar (nee Burma).

Just take ONE of the 14 points of the NGD- eliminate all hydrocarbon fuels. Replace them with solar, wind, and biofuels. 90% of Americans would die and the other 10% would barely survive. Only a few southern states would even get by at all with a 90% population loss. The entire northeast, and northwest would literally freeze to death. No cars. No trucks. No trains. No ships. No airplanes. No commerce. No exports. No imports. Most everyone would freeze and starve to death.

Solar, windmills, and biofuels are worthless.  Real world use of them proves none of them work or will ever work. Again, there is no such thing as "fossil fuels". The idea that the incomprehensible oceans of oil and gas in the earth were made from rotting plants and animals is too stupid to comment on. Hydrocarbons were formed when the earth was formed.

The opposite of courage in our society is not cowardice but conformity.


WE DO NOT LIVE IN A "DEMOCRACY"

 

Liberals, Democrats, progressives and socialists love the word "democracy". We live in a federal republic. The word "democracy" is not in the Constitution or Bill of Rights. There has never been a democracy on the face of the earth and never will be.


WHERE ARE METALS AND MINERS GOING?

 

On January 30 Kosher Jim Cramer again told people to buy gold, and it will go to $1,500. This is the kiss of death folks. He is a paid disinformation agent. You can make a lot of money doing exactly the OPPOSITE of what Kosher Jim recommends on his show. Your author exited his silver shorts with a 17 cent loss. Don't get too excited about the short term bullish action in the metals and miners. It looks good, but it's short term only. There is still a good chance the commercials will take down the metals and miners one last time.

They will exit their shorts, go massively long, and buy lots of cheap bullion. Last week your author went short again at $15.68 spot. The silver open interest (OI) is 219,000- bad for us. The historical high was 243,000.The COT report is certainly terrible, and will soon be released weekly as the government stays open. All the misery should be over in a few months, no matter what happens in the short term. Probably by summer. April will be the eighth year of the collapse of silver and gold. The Everything Bubble is already bursting, and silver and gold will be the go to investments for the sheeple. The real estate bubble is crashing badly, not only in America, but around the world. Seriously, Google DJUSHB chart to see how the U.S. home builders are collapsing. This always precedes a real estate crash. Great events cast their shadows before them. To see tomorrow, just take a good look at today. We can see what is coming, but we just don't know when.

 

CHARACTER IS DESTINY- Heraclitus

 

SILVER AND GOLD ARE THE ONLY REAL MONEY


Probably about 1% of Americans own any significant amount of gold or silver. Probably only about one-tenth of 1% (1 in 1,000) own any realistic amount. J.P. Morgan owns about 500 million ounces of physical silver bullion. Follow the winner. Do what JPM does. They know what is going on. The Great Reset is coming, and they will be the richest people on earth. Silver is just south of $16 now, and is probably going to fall back to at least $14. It could go much lower than that very, very temporarily in a Final Washout for the Final Bottom. That could happen by summer. Only God knows, but He is going to keep telling us if we just pay attention. We know silver is the most undervalued asset on earth. with gold second. We know this manipulation cannot continue. What can't go on, won't go on. Just remember that silver is the best investment on earth. The dollar is worthless toilet paper, and has been imploding for 50 years now. Thank Nixon for shut-ting the gold window. We have no gold in Ft. Knox, West Point, or anywhere else. It has been gone for over 50 years now. Federal law requires a complete, verified audit every 10 years, but none has been done in over a half century- five decades. Look at this 60 year chart. Things were fine with the money supply before that Magic Time of 1970. Then the  money supply exploded, and is still exploding. Inflation is no mystery- it is only caused by counterfeiting "money". It's that simple. If the government didn't counterfeit the currency there would be no inflation. An honest country would have zero inflation. Wouldn't that be wonderful? In your dreams.


COMMIEFORNIA IS AN INSANE ASYLUM


YOU WILL NEVER SEE THIS 60 YEAR CHART ANYWHERE ON EARTH

 

Advisor Perspectives puts this out. This one goes thru November 2018 and is worse now in February 2019. Give these people credit for information like this. This covers six decades folks. The standard of living in America has gone completely to Hell. Blue collar workers could own a modest home of their own 50 and 60 years ago. Now the average person is living in an apartment. You know, like in Europe. Living in an apartment is the best the average person can expect in life now. Here in Wilmington, apartments are springing up like mushrooms after a rain. Apartments on every corner. This figure is going to go back to 0.2% and then to 0.1%- the same as nothing. That will simply be replacing old, outdated homes with new ones, not really building new ones at all. Welcome to the United Socialist States of America- which will be a Third World banana republic without the bananas. If the average home is worth $230,000 today, it will be worth more like $100,000 when this is all over. Most people who will live in actual houses will be RENTERS, not owners. The American Dream of owning your own home is over for most of the sheeple. It's apartment time. How many apartments are popping up in your town? Just like socialist Europe.


LOOK AT ALINSKY'S LIST

 

Kosher Saul had it down pat: GOVERNMENT HEALTHCARE, POVERTY, ENDLESS DEBT, GUN CONTROL, MORE WELFARE. GOVERNMENT EDUCATION. BAN RELIGION, PROMOTE CLASS (AND RACE) WARFARE. Eight planks of communism, eight planks of Marxism, eight planks of progressives, eight planks of liberals, eight planks of socialism (the bridge to communism).


WE ALREADY HAVE 5,000 TROOPS IN VENEZUALA

 

On Wednesday the 6th, Guaido was sworn in as President of Venezuela without an elect-ion! He is just another socialist-communist like Maduro. Him running the country will change nothing. The majority of people in Venezuela are behind Maduro no matter how bad things are. Maduro was elected TWICE in free elections, and this is his sixth year of serving. That's how stupid they are. The average IQ is only 84, so you can't really expect any better. Latinos have never been capable of freedom, and never will be. The military and police are behind him as well. Russia and China have massive investments there. Russia and China also have troops there. They are not going to lose their investments or remove their troops. Yes, this could start World War III if we keep this imperialistic insanity up. Russia and China can vaporize us in a matter of hour anytime they want to. Never forget that. Plus the dozens of countries that will side with them. No one is going to side with us except a few lapdogs like Canada, France and the U.K. We are vastly outgunned and outnumbered. We're now all bark and no bite. All empires end badly, and the American Empire is long over and dying.


THE BALTIC INDEX SHOWS AN ENTIRE WORLDWIDE DEPRESSION

 

The Baltic Dry Index is the cost of shipping sea containers across the oceans. This is a major indicator of the world economy. Sea shipping fell badly in 2016, and it has fallen badly again. We must have robust international trade for the world economy to flourish. This is absolute proof things aren't going well worldwide. This will be a worldwide depression. No one will escape. There is nowhere to go, nowhere to hide.


WHAT THE GREEN NEW DEAL REALLY MEANS

 

  • Rebuild or demolish every single building in the U.S.

Upgrade or replace every building in US for state-of-the-art energy efficiency.

  • Will end all traditional forms of energy in the next ten years.

Abolish all hydrocarbons and nuclear energy. Just use solar, wind, and biofuels.

  • Build trains across oceans and end all air travel!

Build high speed rail across oceans!!! The Atlantic Ocean is 5 miles deep at points. This is too psychotic to talk about.

  • All  jobs will be unionized.

Unions have always been a hallmark of socialism and communism.

The above are just a few points out of the 14 page New Deal Declaration Ocasio put on her website. Demoncrats have been lining up to support this insanity. Again, 90% of Americans would die of exposure and starvation.  The rest would barely survive. The Dark Ages would look like Club Med.

 

PEOPLE CAN'T EVEN AFFORD TO EAT OUT ANYMORE

 

Major chain restaurants are dropping like flies. They are closing many locations. This includes the non-chain restaurants as well. The list includes the most famous such as:

Papa John's, Chipolte, Tim Horton, Bonefish Grill, Outback, Carrbabba's, Subway, IHOP, Noodles & Co., Cheesecake Factory, Joe's Crabs, Applebee's, TGIF, Jack in the Box, Ruby Tuesday, Hometown Buffet, Sonic, Old Country Buffet, Qdoba, Buffalo Wild Wings, and Fuddruckers.

 

See you in March.







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