👉Sovereign Debt, Matters : We are in a Fat Ugly Monster Bubble !!

👉Sovereign Debt, Matters : We are in a Fat Ugly Monster Bubble !!



Total U.S. debt reaches $55.9 trillion amid significant increases in corporate and government borrowing. Total domestic nonfinancial debt jumped by 11.7% to $55.9 trillion, the Fed said in its quarterly statement on domestic financial accounts. The debt had increased by 3.2% in Q4 of 2019. The biggest debt gain comes on the business side, rising 18.8%, while federal government debt also jumped 14.3%. Total federal debt recently passed $26 trillion. We have raised 96% of that debt ($24.5 TRILLION debt) since 1981 or less than 39 years ago. It took the US over two centuries to accumulate its first trillion dollars in federal debt, a number which was surpassed for the first time in the fourth quarter of 1981. What is stunning, however, is the recent pace of increase: total debt was "only" $23.5 trillion on March 23, the day the Fed unleashed unlimited QE, meaning that in two and a half months, the US has added $2.5 trillion in debt. And the punchline: the US added the last trillion dollars in the shortest time on record, achieving this remarkable feat in just one month, since May 4, when the total debt was just under $25 trillion. We added an extra trillion in just last month. That means the debt will double by 2022. Imagine if the average middle-class American planned on doubling his debt by 2022. What could be bought with money totally another mortgage balance, student loan balance, car loan balance, and credit card balance. We're talking $500,000 or more plus salary, to spend in just two years! The COVID effects are starting to snowball down a hill. Wait until the forbearance period runs out, and housing gets sucked in. The roller coaster is just getting started. Fiat bugs and mutants who say debt doesn't matter are going to find out the hard way that debt does indeed matter. The new slogan, sovereign debt, matters! We are 26 Trillion dollars in debt. The government has agreed on a stimulus of 5.5 Trillion dollars and another 3 Trillion dollars next (8.5 Trillion dollars so far). This basically means that our national debt is going to be in 30 Trillion dollars range. Household debt rose 3.9% due in large part to an increase on the mortgage side of 3.2%. Consumer debt rose 1.6%. Only Private-Citizens with Student Loans get NO BANKRUPTCY PROTECTION. I give it a couple of months when the credit cards of the people who are already maxed out stop working, and there's no new income to pay off the minimum. Meanwhile, food will be more expensive, and EBT benefits will not rise in tandem. From 2016-2020 we have tripled our budget deficit and increased our national debt by 20%. Future generations are going to have to pay for this. It's very clear that EVERY President keeps adding a few Trillion dollars, and more specifically, Trump and CoronaVirus are adding a lot of Trillions of dollars to our national debt. This debt is like an ever-heavier weight spread across a population that isn't growing, and eventually, the policies of avoidance will crush whatever is under it. There is NO WAY we will pay off the national debt. We will simply pay the interest until we can no longer even afford that; then it's a complete collapse. The big cities will go first and hard. Supply chain disruptions will be massive, and the cost of living is off the charts, so people will get behind the eight balls almost immediately when the people who are living above their means suddenly lose their income. Then come the street gangs. There is a reason Trump is activating National Guard on the east and west coasts, and it's not because they are fighting the virus. The Collapse is inevitable. No politician has the guts or brains to save the current system. The time to protect whatever wealth you have is now, as stagflation and eventually, hyperinflation will wipeout whatever value is left of the U.S. dollar. It will never get fixed until the system collapses. Talking tax increases and benefit cuts does not win you votes. Trump wants to be re-elected if that means financial collapse and the middle class destroyed, so be it. Maga! He said he was the King of Debt, and he ain't lying. Winning! Which is why there is exactly NO alternative to saving in gold. "Investment" is dead anyway. Return on Investment has been reduced to zero under a flood of printed paper credit. Bank accounts are certificates of confiscation. There's zero yields anywhere unless you are prepared to accept the enormous risk, and real-terms, organic "economic growth" has been gone for years, never mind what the useless "GDP" data releases blurb out. Just put the debt into the stock market like the rest of us. No risk and unlimited money! We're ALL gamblers now, bettors because that's all that is left. The Weimar Republic will look like paradise compared to what's coming. Extraordinary to me how the average Joe really has no clue about the epic seriousness of all this. Printing still requires supplies and labor; computer digits don't. And that, my friends, is significant. Fun Fact: By mid 1923, Germany's central banks were using more than 30 paper factories, almost 1,800 printing presses, and 133 companies to print banknotes. And don't forget about the $250 trillion in unfunded liabilities boys and girls. That is debt, no matter how you slice and dice it. America is $250T in the hole, but everything's going to be alright, folks, not a problem. That includes the unfunded promises for Medicare and social security. It’s unfunded even though our employers and we sent the money in - because corrupt congress stole it. So they will have to borrow to make the payouts - which seems like we paid twice. Now we see why smaller government is better government; They stole more than our social security payments. They undermined our life's work into nothing and made us pay for the weapons they will use to shut us up. The US economy to debt ration is equal to that of Greece’s ten years ago, and that is using a US pre-Corona economy. The next six months will be interesting. The rate of U.S. Debt growth has gone parabolic! There is no turning back from this insanity. The only out is through a smoking pit of disaster, crawling out the other side to start over. The federal government has a huge balance sheet. Oil and gas leases totaling more than $150T for starters. It must be nice to leave your fiscal mess to someone else. Politicians only know how to spend. The nation is bankrupt. Sooner or later, we will have to declare bankruptcy; or borrow from an unknown source to pay the debts. Then whoever we borrow from will pretty much own the US. If the government continues to print money, then money, in general, will start to be worthless. All the people who worked hard and saved and lived within their means will see that money’s value decrease because of over-saturation. I cannot honestly believe some people don’t understand that if you receive money for doing nothing, then it needs to be repaid. It was not enough to hold the markets up. They needed Unlimited QE, i.e., another 2 trillion dollar injection now. What they got is a slow drip, while Jerome sounded like he was the candyman to equities. He did say markets should price in risk, meaning no PPT saves and let the markets fall until they find a now Limited QE medium. Robinhood traders will get slaughtered, and the Fed looks good. That was just to bail out the 1% who own stocks and bonds. It is going to cost a bit more to keep the other 99% from burning the country to the ground. Until the GOP Manifesto for "Tycoon-Tax-Freedom" is firmly dealt with, and "Fair Share Responsible Taxation is restored and a Wealth Tax on the 1% Oligarchy who have accumulated 50% eliminate "Greed-Breed" entitlements. We can start by closing the tax loopholes for huge corporations and remove the roll-back of the taxes they paid. Thirty-five percent may have been a bit much. However, thirty percent would still afford the big corporations to make profits and produce millionaire/billionaire CEOs. Twenty-one percent is obscene. Must close the loopholes. Everyone should expect taxes to increase, both federal, state, county, city, and of course, when there is a budget deficit, the first thing to go are social programs and education. This is how wealth transfers happen in the US. The Fed bails out airlines, Hedge fund companies, banks, etc. etc. i.e., their buddies mega corporations without needing to pay it back. The fed makes money off the interest for hitting some keys on a computer creating fake currency, and the hard-working Americans via taxes pay it back. So we pay for extremely wealthy people to get even more wealthy. Meanwhile, small businesses only hope they can qualify for a loan (most won't get one), and they have to pay it back with interest. The FED exists to support greed and irresponsibility, simple as that. The US, Japan & Euro zones all need to man up and accept the mistakes they've made. Put greed aside, and let markets/economies clean themselves out. Stop this money printing bailout mentality and return to free-market roots. Otherwise, this thing will just keep going on, and reward for effort will be a thing of the past. Stop rewarding stupid & corrupt behavior! Stop corporate welfare end wall st, and the stock market that way companies have nothing to do with their money except investing in their workers and their companies, not their stock prices. Start collecting taxes from them. American business mentality is to borrow egregiously and make very risky bets. Then when everything goes wrong, deflect the negatives of the risk by having the Fed bail you out or game the system. How much longer can moral hazard be ignored, rewarding these inefficient and dangerous business practices instead of punishing the ever wealthier executors? Americans like living on debt, but the party is over. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The market bubble doesn't turn my stomach as much as the debt bubble. Unless you've bought recently on margin, a correction might sting, but it won't bankrupt you. Debt, however, needs its payments made. And if you've got one low payment too many, it gets ugly fast. Add a few trillion here to the debt and add a few trillion there to the debt and pretty soon, still, nobody gives a damn, because everybody knows that in order to keep the shithouse's walls from imploding, there will have to be another few trillion added here and another few trillions added there. That is called Ouroboros economics. Until now, it has been a discussion about billions. Now we shall hear a discussion about trillions. Three zeros difference. Zero is nothing until you keep adding them to the end of a number. And with the dollar devaluation coming, it will be quadrillions. Forget trillions. This is the Buzz Lightyear economics: To infinity and beyond. Well, at least we are in good hands. Our current president is the best president in American history...in handling bankruptcies. He has a lot of experience, and that's what we need right now, one with experience. And now I understand what he was saying when he said, "I am the chosen one." Who else would be able to handle this pending, greatest bankruptcy in the history of mankind? After all, he's gone through 6 bankruptcies already. And America will become his 7th. The USA is a Republic run by Big corporations. Therefore, it is actually an Oligarchy. Elections will not stop this as it gets worse every time. The top 0.1 % of the Super Rich have decided who wins through gerrymandering and by keeping this antiquated Electoral College system, both favoring the top 1% of the population. Compared to the EU countries, the USA hard-working citizens do not have any universal health care system, no six weeks/ year paid vacation, no 38 hours of work, no nothing European citizens have. Why is that? Well, the taxation system is much fairer, military expenses are far lower, so Eu can afford to make laws favoring the interest of their voters. In the EU, the politicians are afraid of the voters; in the USA, they are afraid of Big Corporate America! There is no money in the banks. Your bank accounts reflect a measured value of somebody else’s unbridled power. We are allotted credits by the secret elite that allow us to live falsely believing they have not enslaved us. Capitalism is simply what communism sees in the mirror. Nothing is going to happen to fix our deficit because both parties (and people) are addicted to debt and never-ending GDP growth. There is no way out this other than inflation. It is not possible politically to cut benefits and raise taxes sufficiently to make any meaningful headway on the national debt. It is just too big, and the political and social forces against deep cuts and big tax increases are too entrenched. Fix the problem by cutting politicians' entitlements, politicians' luxury spending, and stop giving tax breaks to wealthy, who need to pay taxes on all income. Stop stimulus pay to big companies and to those who make over $90,000 a year and to noncitizens with green cards. Cut multiple living expenses to presidents with multiple security to adult family members. Now, that is a good bog start to boost our economy. Cut Federal salaries by 50 %. Cut Federal benefits by 80 %. Cut Federal Holidays by at least five days. Cut Federal pensions by at least 50 %. Cut congress pensions by 100 %. They do not deserve a pension for two years of doing nothing. Cut congress medical to the same the retired people get. Watch the budget balance in a hurry. - The Fed counterfeits dollars by the trillions, destroying their purchasing power and driving up prices. - Funds endless wars and welfare. - Creates massive and artificial economic booms, that must be followed by painful busts. - Bails out the politically-connected, creating an economy riddled with zombie corporations. Central planning is (as always) a disaster! The FED will bail till it cant bail anymore, complete economic warfare followed by the destruction of society. Post-Coronavirus, the situation will be two times or five times or ten times worse. Global depression is imminent and will continue for an indefinite period as depopulation, deleveraging, and decline are the natural state of things. Cast off the lifeboats...the Titanic is going down, and we'll be in small boats on very rough seas from here on. This was going to happen. Eventually, Coronavirus has just accelerated the timeline." 3 D's. Depression. Depopulation. De-dollarization. It's the New World Order. Serfdom. Destroy middle class, small business, pensions (public and private), 4o1 ks. Doctors can't even perform surgeries right now unless they are emergency surgeries. Virtually every business is suffering. When the formerly comfortable middle class loses everything, the government will come in to "save us," with public benefits and police state. No honor among thieves. The greed pandemic is upon us. The real looters are living in wall street, and they're looting our money by the trillions. I personally hold the Globalists and their Federal Reserve accountable for this Global Depression scenario. They are responsible for inflating the currency and all bubbles, enabling criminal behavior, and destroying the economy in the process. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. 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!

👉Warning : China Started Dumping US Debt -- End Game for The Dollar !

👉Warning : China Started Dumping US Debt -- End Game for The Dollar !🤓😎😣!





During the first quarter of 2020, The Federal Reserve printed more than two trillion dollars with more on the way. This Fed's endless printing of US dollars is resulting in a new consequence from one of the largest holders of American debt that is China. According to the Chinese news agency, China, which is the second largest foreign creditor, has decided not to wait for the devaluation of the US dollar and is now actively selling American debt. Aside from the massive printing of US dollars, another major issue for the Chinese has been the talking of the Fed of moving to negative interest rates. Now, as of Wednesday afternoon, the Fed announced it would not pursue that policy of negative interest rates at this time. But the discussion of negative interest rates has been going on for several months now. One of the qualities of money is its value. Once it's devalued, it becomes a tasteless salt. Besides, the US has been weaponizing the dollar all in the name of unlawful sanctions.... China's decision is just the tip of the iceberg. Independent countries with backbone will follow suit. The entire world is fed up with America; even Vassals are treated as enemies to be threatened into submission. China is unloading US Treasuries because they know that America is going to bankruptcy, and there is no way the US can pay off its debt. This will send shockwaves through the global economy. China is now ditching the US Deb that it holds over fears of the falling value of the US dollar, in an attempt to unseat the preeminence of the US dollar in global commerce. China owns more than a trillion dollars US debt. Yesterday the Fed was on the edge of lowering the interest rates below zero. With all the QE, the zero interest rates, and the unlimited printing by the fed, China saw the tsunami coming that will eventually crash the US dollar, and they are getting out of the way while they still can. The Fed may now buy up all the debt that the Chinese sell and use it to keep their knee on the neck of our nation. Our debt is beyond payable, and the symptoms will show up, leading to the collapse of the country and the dollar. The U.S. debt stands currently at $ 26 Trillion with Trade deficits in the multi-Billions of dollars, add-in the monthly interest payments in the multi-Billions of dollars to service debt loads the, you have a realistic picture of a truly, INSOLVENT or Bankrupt U.S.! It's all over but the screaming, folks. Why should China keep useless paper? All the United States is doing is printing paper money backed by nothing. This was bound to happen. The US is now in trouble. The US Dollar is backed by ultra-reliable made in China Printers. The Federal budget deficit widened to $399 billion in May from $208 billion a year earlier. The U.S. government’s budget deficit rose 92% in May from a year earlier to $399 billion, as revenues plummeted and spending surged. The US dollar is getting weaker by the day. POWELL openly admits that MILLIONS WILL NOT BE RETURNING TO THEIR JOBS. Unemployment claims added another 1.5 million last week. Twenty-five thousand stores are predicted to close definitely this year. Mnuchin says over the next month; another one trillion dollars will be pumped into the economy. Errrrr, I mean into the markets. Total US Debt Increased by $1 Trillion in just a Month. Fed sees rates near zero through 2022 and said it would continue with asset purchases. Federal Reserve officials on Wednesday forecast that its benchmark rate will stay near zero through 2022 and that the asset purchases would stay at the current pace. This is getting scary. The federal bank now holds over $7 trillion in debt. It was half of that just three months ago. Can't blame the Chinese, the US is rapidly becoming one of the most unstable countries on Earth. Debt default and rapid collapse of US currency are now a distinct possibility. America is bankrupt, and The Fed will eventually fail. What they are doing is setting the price of assets to be much higher than market demand would indicate. They are stuck in a cycle of having to provide more and more support (cheap credit, asset buying, explicit guarantees for creditors) for every decrease in demand. It may take years, but when the Fed fails, those assets will be priced at market value. China has made it clear it's not going to buy more US debt, and it will start selling all US debt. This is a real threat to the US and the dollar. The U.S. needs places to soak up its debt. If China is selling U.S. treasuries, then not only does the U.S. have to soak them up, but it also loses a place to sell them. Henceforth, a double whammy effect that multiplies the effect of the initial sale. China is the second-largest owner of U.S. government debt, holding more than $1.1 trillion worth of treasuries. China’s diversifying out of dollars has been underway for some time but picked up speed early last year. Those moves coincided with a surging appetite for government debt that’s pushed down yields. The dollar is fast losing its place as an international currency. The list of countries using Euros to buy and sell oil grows every year. The global sale of oil and natural gas in US dollars is what has kept the US dollar stable. China could weaponize its holdings and flood the markets with U.S. bonds. This is worse than a nuclear attack on US soil. Some may think: Well, even if China does sell the debt, it will have a minimal effect because the fed would immediately buy it up. Why does it matter if China has a Trillion in US debt, we are spending 5. 3 trillion in stimulus boosts in 6 months, what difference does it make if they sell a trillion debt? We can just print more money and buy back the debt. Consider that if the U.S. were to devalue the bonds to China by printing worthless money as China calls in its notes, what does it do to our other allies, Britain, Netherlands, France, etc.? That would create a disaster in the world bank that would result in a depression that would make the current one look like a mild recession. China got us by the short and curly guys. That hurts like hell to say this, but this thing gave them some serious leverage. As the US creditability is sinking like a free-falling knife, the security of the reserve is much more important than the interests. China will sell all their bonds as soon as possible, just like the Russians did. The US prints money out of thin air then helicopter the money to save the U.S., which will cost a great devaluation of everybody's reserve currency. The world is watching nervously. The day of the dollar collapsing is looming. China played us to the point of crushing our economy and adding trillions to our federal deficit. This pandemic may have been a payback for the tariffs. We will add 10 to 15 trillion in debt to our deficit. While they experienced minimal damage and purchased all the cheap oil on the market when crude crashed; to rebuild their economy within a year with minimal stimulus compared to our mountains of debt. While our dollar gets decimated and we have inflation kicking in after our economy tanks. The Chinese will have outpaced us in growth and production with a stronger currency. They played their hand very well, and now we need to pull all manufacturing out of there as soon as possible. The drawback is everything we buy for low prices is manufactured in China. Walk into Walmart, Home Depot, or any pharmacy, 70% of the product or its raw materials come from China. There are thousands of Raw materials alone that go into our prescription drugs from China. America does not make anything it needs. It takes two to trade. They didn't force us to buy their goods and set up our manufacturing there. Short-sighted greed has a price. The Walton family has six of the nation's wealthiest individuals while their Walmart employees struggle to make ends meet. Similarly, Jeff Bezos has more money than most nations, but there seems to be a consensus that Amazon is a terrible behemoth to work for. It will take us years to get reliable supply chains set up that they currently have perfected, and even then, this will result in a 5 dollar T-shirt from Walmart now costing us double if not triple along with everything else going up in price. This will cause a double hit to our economy. We are in for a very difficult three years or more coming our way after this. Our labor cost is higher. Americans are broke and want cheap stuff. We will never get those factory jobs back. The fault lies with moving the manufacturing away from the American workers in the never-ending pursuit of higher profits and compensations for executives and shareholders. Rather than getting more money to the American workers, our companies want to pay them as little as possible just to skyrocket the obscene amounts of wealth their investors already have. Free trade, the agenda of corporate interests, not only shipped middle and working-class jobs overseas, it enabled countries like China to stockpile astounding amounts of dollars which either can be used to buy up real assets here, taking them out of American hands and control, or used as a weapon in the currency market. The bottom line is that free trade is purely and simply the agenda of "Shareholder Value ONLY" radical theory. It is not your father's market system, which was far more moderate and had elements of social democratic restraint in it. It serves corporations only and hurts the middle and working classes. We need it to end. We need one to one trade deals again, not this WTO radicalism. We need the interests of our middle class, our working class, and our nation respected again. However, our long term plan is we have no choice but to start manufacturing here in the USA. We have no other options. The solution would be bringing home off-shore outsourcing Companies. This within itself would be a near, impossibility. Debt, too, would have to be paid-down or written off by resetting the economy and paying the debt off with GOLD. The only other alternative is to feign financial stability by printing, fiat money, which, in turn, will cause hyperinflation in the long run, murder the purchasing power of the dollar and drive prices to the moon. Too much debt around. The higher debt we have to finance, the bigger the multiplicative effect and the more bang for the buck China gets for the cost of dumping immature bonds. Due to the amount of existing debt we have to finance, even a slight rise in interest rate we have to pay (and the amount China holds will push interest rate up by more than a small amount) will cripple us. The cost would be many orders of magnitude higher than the amount China loses by selling immature bonds at a slight discount. It all comes to us being in too much debt already. The more we pile on, the more vulnerable we are. The only thing that saved the US in 2008 and may help us this time is the fact that the US dollar is still the world reserve currency. The day that we lose that status is the day we become like Venezuela. Unfortunately, we are over-relying on that fact and are overborrowing and overspending. At some point, all parties come to an end. With the current money-printing stimulus who wouldn't dump their US treasury. Recently, China, Japan, Russia, and many other countries sold trillions of US debts. As we raise debt and print more money, US dollar credibility is significantly lowered. I don't know who would be dumb enough to continue keeping US debt. With near 0 interest rates, keeping US debt generates no income. After this virus, worldwide inflation is going to happen because we printed trillions of money. The US debt would be worthless. I don't think anyone doubts that our deft has been very desirable. Our problem is in going forward. We have bullied so many people with our control of international banking that more and more countries are looking for an alternative to the dollar. China, India, and Russia are already moving toward non-dollar currencies and gold. The EU has established a non-dollar version of SWIFT. There is a lot of inertia in a system as big as the dollar, but it seems things don't look good in the long run. We would end up with a depression that would make the 1930's look like the good old days. We live on credit cards. Because the US has allowed it's companies to move manufacturing away from American workers in the never-ending pursuit of higher profits and compensations for executives and shareholders, now it has become vulnerable. China now owns a lot of the debt that has been built up buying Chinese goods, and now they have us over a barrel. We don't have any other alternatives to get what we need. Americans don't make anything anymore, leaving us with no leverage on global trade. When you have mortgaged your future to someone else, and you can't remortgage, they own you. American companies sold out America and the people, with their votes and desire to shop Walmart instead of mom and pop's, allowed it to happen. Isn’t such a nice warm feeling that republicans and democrats have absolutely set our country up for complete economic disaster with their poor voting records that cheer massive spending. If the feds couldn’t accumulate the debt, we would all be in breadlines. Republicans and Democrats have made a big business off our very unhealthy National debt. This big business, in return, allows for massive federal spending. The feds ultimately don’t spend our taxes they spend our great great great great great great great great grandkids'! If China sells just half of its holdings, that would be around half of its holding of 1.3 trillion dollars. We will run into an economic crisis. The value of the US dollar will be down if not in half provided that other countries do not follow suit in selling off the dollar from their reserve. Our purchasing power will be down significantly, thus follow by our standard of living and so on. The US should stop printing money where there is no gold or silver to back it up. And the US should live by it means not just keep borrow it and let our next generations pay for it. The equity markets are only up because of the extended stimulus. When that money dries up, just wait for it. We are using every bullet in the gun to keep the market moving up and will have nothing for when its down. Plainly speaking, the next downturn is gonna hurt beyond anything in our lifetime, thus far. I say "thus far" as I believe this will become the new normal, big ups followed by hard lows. The US Dollar is going to lose its reserve status! It's going to lead us into 3rd world country status! People will be killing each other for a cup of water and gasoline! The sanctions pushed the rest of the countries over the edge! The fed is a privately owned bank working for the benefit of other banks. They will sell us the rope that we will use to hang them with. They have been plundering, profiteering, and selling our country and it’s lives for decades. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The Chinese have their plan in mind and are slowly ( as the opportunity presents itself) implementing it. As the U.S. pushes at China, another brick in the wall comes into play. Whether it be of necessity or born from choice, China is an up and coming world-ruling power. All these events placed upon China only serves to make the Chinese make a move for their own betterment. American financial pundits may criticize China for selling it's US Treasury holdings as being a reckless action. The US has waved a red flag in the face of the Chinese, in the form of trade duties and criticism of Chinese trade action. This has resulted in the Chinese having reached their boiling point and the resulting loss of rationale; anything goes from here. One belt one road is the Chinese way to unload the US treasures. President Trump seems to have Japan in his crosshairs also. No one is safe around him. Japan should take notice and worry too. Japan is the largest holder of U.S. debt, with $1.268 trillion in Treasury holdings. This is the highest level of debt owned by Japan in several years, beating out China as the largest holder of U.S. debt. After China dumps US Debt, I don't believe anyone else would buy it, meaning inflation is coming. No doubt about it, the US dollar is headed into serious trouble. US debt to the tune of 26 Trillion and Trade deficits in the multi-Billions of dollars (not to mention the multi-billions of dollars monthly, to service that debt) makes the future for the U.S. dollar settle on very thin ice. The US dollars are worth much less when they just printed trillions of more. Only fools would buy US bonds. I can't say I blame China, considering how we have been treating them. The American capitalists went to China for cheap labor and for their vast market. The US corporates benefited from cheap labor. Capitalist Greed would finally bring down the West. And the Fools of Wall Street actually thought that doing business with China would Americanize them. That shows you that having lots of money doesn't necessarily mean that you have any brains. Invest your money in buying silver, gold, and farmland. The US has gotten over for nearly 50 years. It’s over. If you are not prepared when it all hits the fan, you will go hungry. America is finished; it is a failed state. The Empire is collapsing. Cut military SPENDING and close all US Foreign bases. Start taking care of the People. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. 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!

👉Monetary Reset & Economic Collapse worse than The Great Depression

👉Monetary Reset & Economic Collapse worse than The Great Depression







As America continues to implode from within, The era of the dollar’s exorbitant privilege as the world’s primary reserve currency is coming to an end. The U.S. living standards are about to be squeezed as never before. We import everything, and the only things we export are wars, mortgage-backed securities, And The US Dollar. Our nation's wealth is being drained drop by drop because our government continues to mount record deficits. The security of our country depends on the fiscal integrity of our government, and we're throwing it away. The Contraction of GDP is currently, WORSE than that of the Great Depression, which then stood at 33 %. TODAY, contraction of GDP stands at 50 %. We can safely conclude that we have entered into the GREATEST Depression, EVER! Our national debt is going to eventually catch up with us, and it will be painful for all, and this has been a long time coming. Just how much money do you think The Fed can print without other countries balking at buying our over-inflated notes! The world is also tired of the US threatening to ruin their economy by the Dollar if they don't tow the US line. Gold-backed currencies, decentralized cryptocurrencies and trading commodity for commodity is the way around that. Settlement in the US Dollar has dropped in recent years when it hits fifty percent. Its days as the world's trading currency are over. The Federal Reserve Note is a Debt-based Pyramid Scheme. Other nations no longer purchase our bonds (debt). The record of History proves that paper currencies always hit their intrinsic value of ZERO! We are well on our way. The weaponization of the dollar and the US banking system by Trump is why the dollar is weakening. Add to that the fed printing trillions and the government borrowing trillions to prop up the markets. Factor in also, record and historical debt loads. The Fed and the Fed system of banks are now the major and almost sole purchaser of US bonds. The US financial system is taking money out of its left pocket to put it in its right pocket. Are you expecting a "V" or a "W" recovery? Forget about it! It's going to be an "S" and no recovery for the Markets. Get out now - it's a sucker's market. All short term Fed-induced liquidity. Oil stocks will drop back to half of the previous lows. The Fed is pumping money into the stock market to make people think things are great. Wake up! It's all smoke and mirrors. The equity value of stocks is less than meaningless. 2008 should have taught EVERYONE that. Thanks to the financial propaganda-press, the divergent curves of the stock market and the REAL American economy have been studiously ignored by most - at their, and everyone else's, peril. We are in trouble as a nation. Congress has to stop spending us into deficit. This has been going on for almost 40 years, and the government borrowing escalated dangerously after the 2008 recession. Our whole monetary system is dishonest, as it is debt-based. Our debt is 25 TRILLION. There are 8 billion people in the world. That means every man, woman, and child on the planet would need to pay $3,000 in order to pay off America's debt. Think about that. It means we will never be able to dig ourselves out. The dollar is already devaluing. Have you not bought anything lately? Grocery prices are way more than they were. It is only the beginning, as the more the national debt increases, the less the dollar is worth. The so-called "dollar privilege" is largely responsible for the erosion of the middle class in the USA. It did wonders for the 1%, no so much for the 99%. The "Walmart effect." The average Joe standard of living has been stagnant for decades but not the top 1%. As a matter of fact, the top 1% incomes have gone 10000s % for decades. We've got to worry about the world not wanting the dollar anymore, which will mean hyperinflation like Venezuela. We can’t print endless money and not say hey, how about we start paying it back. We are right now 30 percent Stimulus in the GDP. Trumponomics needs to stop. Billionaires are burping with borrowed taxpayers' money. It’s time for hard love when it comes to budgeting. The collapse of our economy is inevitable. How can you live at home with borrowing more than you make? That’s the USA right now. Living on credit is never a good thing. When asked about the burgeoning federal deficit and national debt, Trump replied: “Not my problem!.” For far too long, the US has benefited from the unfair advantage of being the reserve currency of the world, printing dollars with impunity all at the expense of the rest of the world, which has granted such largesse for the sake of economic efficiency. The US leveraged its reserve currency status by demanding that oil can only be traded with the US Dollar hence the petro-dollar monopoly. This has not only allowed the US to spend five times more on its military than Europe and China combined but enabled it to meddle in other countries' affairs through invasion, toppling democratically elected governments, and bombing innocent civilians suspected of terrorism. The Trillions, being pumped into the economy by the Fed, are being subsidized by the rest of the world as their dollar reserves decrease in value due to flood of US Dollar entering the markets. At some point, this house of cards will come crashing down, and it will be caused by US greed and lack of fiscal discipline. The Fed’s decade-old grand experiment of creating trillions of dollars of debt used primarily to enrich the top 5% wage earners, wall st banks and insurance companies, and the well connected like warren buffet has finally reached the point where the end game is in sight which is a collapsing, crushing debt bomb. Now its taking hundreds of billions, even Trillions every day, to keep the bubble market inflated. The saddest part of this is the vast majority of politicians, and business leaders who should understand the implications of this shift and are in positions to address it are all worried about their next election or quarterly report. The dollar is declining now. That's why stock prices are up: when priced in dollars, stock prices have been declining as the dollar's value shrinks. Once the dollar is dethroned, there will be no world reserve currency. Each nation will have to back their own currency in Gold or direct trade commodities. A world reserve currency allows for abuse by the issuing nation. The USA was able to scam the world for 50 years, so its time to get back to real money and see the real price of things again. The selloff of the US dollar has already begun. Big changes are coming. It is going to be beautiful. All government-issued fiat has failed 100% in history. The US Dollar will be no different. Hedge the dollar and buy tangible assets YOU own, and have no debt tied to your name. Gold, Silver, land, bitcoin. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The Federal Reserve was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law. It is a conglomeration of the Big Private Bankers. Those Banks run the currency show - control it all through the Fed then, to the Government! The biggest con job EVER in history! Despite these warnings, Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later, he wrote: “I am the most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.” On June 4, 1963, JFK ordered the printing of Treasury dollar bills instead of Federal Reserve notes (Executive Order 11110). He also ordered that once these had been printed, the Federal Reserve notes would be withdrawn, and the Treasury bills put into circulation. A few months later (November 22, 1963), he was killed in broad daylight in front of the whole world. One week before Dallas, he made that famous speech where he talked about a highly secretive group of powerful people he was going to expose, and with the help of The American people, he intended to spoil their plans. The FIRST thing LBJ did when he took office was to abolish the Treasury Dollar printing operation. And all of this bearly reported at the time. BTW LBJ created and pushed through the Great Society welfare state, which is directly responsible for where we are today. And one of Johnson’s first acts as President was to repeal order 11110. Forty-four nations agreed in 1944 at Breton Woods to use the US dollar, backed by gold as the reserve currency for international trade. Created at the same time were the IMF (International Monetary Fund) and the World Bank. In 1971, the issue of gold backing for the US dollar was so restrictive to the US government's money printing and deficit spending that US President Richard Nixon "temporarily" suspended the ability to convert the US dollar to gold. That "temporary" suspension has become a "permanent" suspension in practice. The record of history tells us that GOLD and silver have lasted the war. Nations, who left Gold out of their support for their dollar ALL their currencies, ultimately tanked. Greeks, Romans, Germany (Reich mark), Zimbabwe, etc. Currency collapsed. The U.S .will fare no differently. The Dollar died in 1971, decoupling from gold. As we’ve seen, it’s been reserve currency for almost 50 years. Bubbles can last a very long time. The US Dollar will massively spike as one last death cough before its death as the reserve currency. US Dollar decoupling from gold ensured its eventual death, but it was far from dead at that time. The reason why America has gotten so wealthy is because of the combination of the Dollar's status as a reserve currency and the ability for the US to print Dollars without devaluing it due to its status. We got rich off the backs of the countries that used it, but that will come to an end when it dies. When Nixon closed the gold window back, in August of 1971, the dollar has been manipulated and is losing its intrinsic value, as it slides to ZERO. The dollar, in comparison to Gold, is only worth 1.4% in its actual purchasing power. A penny (1 cent) back in 1906, bought you more than a dollar does today. Ever since the creation of the Federal Reserve in 1913, inflation has been consistent. The US dollar is often referred to as the cleanest shirt in a batch of dirty laundry. What props the dollar up is world confidence that the US will pay back it's debts and not just the interest on those debts. With the ongoing US injection of trillions of US dollars into its financial system, thus impacting the world's financial systems, its only a matter of time before a new form of a reserve currency is brought into existence. That could be Special Drawing Rights through the IMF or even some form of blockchain cryptocurrency overseen by the IMF and agreed to by the majority of the world's countries, despite what would likely be a US objection. The US dollars loss of reserve currency status will happen; it's just a matter of when and under what "triggering" circumstance. This will lead to the inevitable collapse of the dollar!! A huge national debt always results in higher prices for everything. Neither party had any type of plan to pay down much less off the debt. History shows that governments have collapsed under the weight of runaway inflation. This is the situation Trump or his successor will inherit. We can't even afford another war to pull us out of this mess. Serious riots will make the current racial riots look like tea parties. People think the recent riots were bad. Wait till the government checks don't clear or they buy 50% of what they used to. The vast majority of US dollars are held by American Private Banks and the Federal Reserve. The Collapse of the dollar without any successful successor will equal a crisis that may be even greater of 1929...maybe even with one. That crisis is already in the works, and there is coming Hyper-inflation ultimately. Can't continue to just print dollars out of thin air with zero to back it. The existing inventory and underground reserves of Gold will be $100k or more an oz. in order to cover all the outstanding currency. Countries like China and India with huge stockpiles will ripe windfall benefits and become the world's richest economies, while the U.S. will suffer hyperinflation. The debt service that will be likely over 800 billion next year is money that is frankly pissed away, bringing no services to the American people for that EXTREMELY large sum of money. If the rest of the world sees us as a bad risk, the price we will pay will be catastrophic. Deficits do matter big time. Who will fund the saving deficit of a nation that has finally lost its exorbitant privilege?" The Fed will just print money to monetize the debt, right? Everyone in America now believes that the Fed will fix all problems by printing money. It has worked since 2008, so why not? Should foreigners no longer want to buy US Treasuries, interest rates would be driven up to entice them to fund our debts. But that will cause the economy to collapse. Lacking in domestic saving, and wanting to invest and grow, the U.S. has taken great advantage of the dollar’s role as the world’s primary reserve currency and drawn heavily on surplus savings from abroad to square the circle. If the return on investment for Treasury securities continues to be so pitiful that no one will buy them, the whole scheme comes tumbling down. The dollar has lost all credibility in the context of a reserve currency evidenced by a whole host of factors. Not the least being that the US tries to bully the rest of the world. The US is totally bankrupt, and the world knows it. Trump has abused it too much. The countries are feeling the angst of placing their confidence in the dollar. If the dollar is a so-called world currency, it has to be in the interest of the world. Lately, it seems that perspective has been lost and it has been weaponized to serve American foreign policy. The world does not need the dollar. Every country would love to get rid of the PetroDollar, which would, in itself, increase the value of their own currencies. What currency is going to fill the void? China has been working toward its yuan, replacing the dollar on the world stage. If the opportunity arises, they will pounce. The IMF already launched their replacement vehicle in July 2018, which aims at replacing the US dollar for those countries that want to do trade using a common currency other than the greenback. IMF's Distributed Ledger Technology has been in place for two years now. This replaces the US Dollar for trade between nations. It's already a done deal for the dollar as the reserve currency. China's BRICS Swift move to remove the petrodollar as the worlds' currency, their expanding economic growth vs. the U.S. dollar's GNP to debt ratio of 107% when over 77% signals fiat money collapse and their expanding global military presence threaten the 1% elite's world dominance (power and monetary control). The Dollar will eventually collapse. Don’t forget inflation, with trillions of dollars being injected into the economy and negative interest rates on the horizon, what does that mean for stashing cash or equities? A current American strategy in Foreign policy has been to threaten banks facilitating trade with countries like Iran and Venezuela. This has been noted by the rest of the world and alternatives to SWIFT, and the US Dollar are being implemented. The dramas with Libya, Iraq, Iran, and Venezuela relate to the sale of Oil for something other than the Petro-Dollar. The US Dollar is vulnerable to the development of replacement energy sources. The use of the Dollar as a geopolitical weapon has led to the situation where it is being replaced in trade deals. At some point, a lot of Dollar-denominated financial paper will end up back in the US prior to a reset. Current trends show that both China and Russia have been divesting US paper. The dollar has about three years of life left before there will be a fatal crash. The decline of the dollar’s purchasing power has a 95% correlation to the federal deficit, which is exponentially climbing. At the present time, the economy was stunned by the shutdown, but soon more dollars will be pursuing fewer goods and services. Inflation will begin to rise, and at some point, the global credit markets will collapse, at least with respect to the dollar. I don't know about you, but the price of some foods has already doubled. My guess is the Dollar has less than three years before it is replaced. It's called a currency reset, and we're having one in the next few years. This will finally solve our toilet paper shortage! Got gold, silver, cows, bullets, land—anything but fiat. There should be an international currency, hopefully partially backed by gold. This will prevent endless quantitative easing, and governments will no longer just be printing monopoly money without limits, which has resulted in ZERO and even NEGATIVE interest rates. Produced in FINITE quantities by the sweat of men, Gold and Silver stand as sentinels to protect the wealth of astute investors in times of currency mismanagement and debasement that is occurring today. Yet only about 1% of the population owns any (outside of jewelry) Ironically due to brainwashing by financial institutions (and those with a vested interest in keeping your wealth in the bubble stock, bond and real estate markets). Buy US Silver Eagles and Gold Eagles all you can, now that their prices are still very low (due to commercial bank shorting), and you will not regret it. Soon silver and gold prices will really explode as all of the paper money being generated looks for a safe undervalued place to invest in. Most won't listen to what I am saying, but you will remember I told you this, and it is backed by cold hard facts. “Issue of currency should be lodged with the government and be protected from domination by Wall Street. We are opposed to…provisions [which] would place our currency and credit system in private hands.” – Theodore Roosevelt. This was The Atlantis Report. Please Like. Share. Subscribe. And leave me a comment. 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!