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Sunday, June 14, 2020
👉 The Stock Market due for a Crash , Facebook releases Libra , The Fed behind the Robinhood App !!
👉 The Stock Market due for a Crash , Facebook releases Libra , The Fed behind the Robinhood App !!
There are no investors in the stock market; there are only gamblers. The only reason you buy a stock is because you think the price will go up, and the only reason somebody is willing to sell you that stock is because they believe the price will go down. One of you will be wrong, but by the time you figure out who is right and who is wrong, one of you will have cash in your checking account, and the other will have a piece of paper called a stock certificate. Apparently, every generation has to learn the hard way about stock market bubbles, and now it's Generation Z's turn while they're stuck in lockdown with their Robinhood app. But, this stock bubble is exceptionally obscene when the real unemployment rate is over 20%. Always arriving but somehow, never getting there. It is a sucker's market, folks. It is rife with amateurs buying bankrupt companies, companies heavily in debt - all in the middle of a Recession (more like a depression), under the belief, that you buy low and ride the crest to the top with this supposed, "V" recovery coming! Meanwhile, the seasoned investor is out there, knowing fully, that all hell is going to break loose and it is going to be an "S" recovery, with a highly "juiced" (by the Fed) S&P to give the appearance, that a recovery is in full swing. Run the other way, or you WILL LOSE your shirt! The Federal Reserve is what really propping up the markets. They went on a buying spree to purchase billions in corporate bonds to save corporate America, mostly through ETF's. In fact, Blackrock, Inc. recently came under scrutiny for its cozy relationship with the Federal Reserve, who has bought more stocks through them than any other asset management firm of its type. Now they started buying corporate bonds through ETFs.This will most likely turn like Japan, where the Fed is buying stocks. Stimulus money always ends up in the market. Corporations are buying their own stocks with the free money. The FED just injected 5 trillion and bought every failing asset in the US. The Fed can basically do whatever it wants with no consequence to the Fed. The consequences will fall on the rest of us. What else is new? Nepotism. The US taxpayers will be responsible for paying the trillions in additional debt. Why has the stock market soared? Because originally, the Fed has supplied cash to bolster the economy. However, stray cash is going into the stock market. Also, human beings' greed has been overriding all kinds of concerns about the dismal economy. Greed has created rampant speculation. Therefore, all gloomy economic indicators are meaningless to people. Actually, they have intentionally turned away from the gloomy data, seeing what they want to see. This is why the stock market has been skyrocketing, even without the recovery in the economy. The oversupplied cash and greed have separated the stock market from the economy. The Fed's prime directive is to maintain inflated high stock market prices to continue the Trickle Down Economics, while publicly denouncing the trickle-down concept. I look at buys on these companies. No way individual investors can buy 100000 shares of these stocks. The money involved has to be from institutions. How anyone can't see that is beyond me. Fed working low volume at night bidding against themselves. Your tax dollars at work. People have figured out the pattern buy at closing sell in the morning. Just to be clear, we are still in a bear market. We just had the bear market rally. Implied P/E on DOW is almost 25. We have a long way down to go. Everyone knows the market can't go up another 10% this summer, the Fed stimulus is factored in, and so this will all die off, and we'll start seeing the more typical market actions with the occasional pop and drop on some news. The stock market is amoral and has no care for anything except profit. I just cannot see how this is sustainable when it’s fuelled by a Ponzi scheme. If the market keeps going up, then I would bail out in October before the election. It just feels like something is going to pop a relief valve this year. It looks like it is finally time to short the market. Robinhood is probably none other than The Fed and their magic money printing machine. A clear sign we are on the verge of The Great Reset. Bizarro Robinhood App is rigged to steal from the poor and give to the rich through stealing their trade data and selling to Wall Street to further manipulate on their Not Level Playing Field. These commission-free trade apps are designed to steal from the poor and give to the rich by selling their data to Wall Street. How do we know the Fed hasn't figured out a way to open a million individual trading accounts with Robinhood? Buying stocks directly now, are we?... The Robinhood meme is being used to generate FOMO. Don't be fooled by the propaganda. It's a honey trap. When the elite let you into their rigged game, it´s because they need suckers before the plug off. All these retail gamblers will end up squeezed. This is what happens 90% of the time to gamblers: tiny win, win, win, big win, huge loss. GAME OVER. Thanks for playing. The Fed is propping 401K and retail. This time the suckers are winning. As of June 10, the S&P 500 was up nearly 1,000 points since its low in late March. There's a lot of economic uncertainty abounding these days. The US market had soared about 30 percent since the trough, driven in part by record amounts of the central bank and government stimulus, leading to worries the rally had become too detached from economic reality. In the face of a breathtaking disconnect between Main Street and Wall Street, largely based on overconfidence in free money, my sense is that there remains a crisis ahead that will emerge ‘gradually and then suddenly. Things go up until they don’t. I’m more bearish than ever right now. So if the momentum changes, there will be nothing to support these overpriced stocks. In other words, get out before the rest. Never try to call the top or the bottom. We are much closer to a top than a bottom, so the greatest risk is to the downside. They NEED MORE TAXPAYERS MONEY TO BURN IN SPECULATION AND SHORT SALES. THE HELP GIVEN RECENTLY ALREADY went up in SMOKE! We are in a recession already. Forty-two million filing for unemployment- bailouts for everyone. Five trillion deficit and plenty of failing businesses. The V-shaped recovery is no longer likely. I think reality will sink in around the end of the 3rd quarter when the extra unemployment benefits run dry, and unemployment is still high. I think real estate is in for a big shock between now and year-end. Logic has left the market when people think Hertz is still a buy. Fabulous and permanent losses coming for inflated B.S.market. It is going to be catastrophic for we the people, as every 401K in the country is tied to these stocks. Not to mention the Pension Funds in general. EVERYTHING in this market is RIGGED FOR THE RICH!!!!! WAKE UP AND LOOK!!! THIS IS NOT A FAIR MARKET IT IS RIGGED FOR THE RICH!!!! AND STUPID PEOPLE SUPPORT IT! If you hold any of the stocks, you better sell them fast. I would stay clear of this market. They will steal your money. It is all digital. They see you, worse than a casino. You are not in the Illuminati insider trader mafia; they will steal your money. Charts change direction as soon as a pigeon (non-mafia person) “invests” with the market scam. IOW, all of the 'algos, quants, BTD, data analysis, charts and graphs, ad nauseum' were horse manure. Only really long involved and huge money players like Warren Buffet and Carl Icahn and their ilk who occupied the rarefied atmosphere of finance ever made any real money. And that was because of their longevity, their access to insider information, and their reputations as 'financial geniuses' and finance-world A-listers. Kinda like how Tom Cruise and Steven Spielberg are Hollywood A-listers, whose longevity, records of success, reputations, power, etc. give them access to the money and resources for movie-making that some bit-part actor could never achieve. IOW, the whole finance game has for many years (since the cabal gained total control over Wall Street and our government) been a rigged casino game in which only the A-lister power-players win. And the rabble retail investors in fly-over country lose. The 'data analysis, algos' and all that other horse manure were just bright shiny objects to make the rabble think that the game was clean and not rigged and that they had a chance in the investment game. I have one tulip-bulb that I will sell for two riverside town-houses!! Everyone seems to have bought into this "Fed will save everything" and "it will be a repeat of 2008" mindset. The issues I have with that are, in 2008, the Fed stuffed money down the throats of big business and fattened up already fat accounts so that their books looked good. Once the crises were deemed over, those corporations used that money for buybacks and various other schemes to boost the stock and enrich the upper management. Today the environment is much different. Instead of fattening up accounts, the Fed money is being used to keep corporations solvent, and much of it is being rapidly spent. Corporations are taking in massive amounts of debt to add to the already massive amounts they racked up with their self-enrichment schemes. All this debt will weigh heavily on earnings well into the future. Bottom line is, if "Investors" are "betting the house" on a Fed fueled explosion after this is over, they may be disappointed, as the money to do that has already been spent... People say that the market is a forward-looking indicator and always rallies six months before an actual turn in the economy. The truth is that it is almost perpetually in rally mode, and like a broken clock ( hit and hope), it eventually gets it right. We may still find ourselves testing the bottom. The main driver of stock prices is supposed to be earnings and revenue. This year's earnings for most companies will have a significant decline. Many company's earnings in 2021 will be lower than their earnings were in 2019. In the near future, the big players will reverse and start shorting the market and push stock prices down. Spikes in every state reopened, and we have yet to see the effect of the mass protests. Earnings are the core driver of stocks over the long run, so this short-run speculative bubble that has been created will soon pop. Hopefully, you did what a lot of people did on Friday and take some profits and put some cash on the sidelines. I wouldn't want to be a margin trader in this market, and no, just because you defy all logic and your stock still goes up, that doesn't mean you're good at picking stocks. That just means other gamblers are playing the same losing bet. No bear market. No bull market. This is a kangaroo market. Pullbacks and rotation by those faceless criminals! Where is SEC now? The only way to stop robbing pullbacks is to investigate and arrest those criminals (the worst kind - those big trade firms) behind selloffs and meetups. So-called market is the kind of Ponzi scheme, as old and dirty as, if not more than prostitution. Our whole market is smoke and mirrors. Stocks of bankrupt companies going bananas despite companies being broke. USA service economy, will not give real jobs to real people. Businesses aren't paying their rents; landlords aren't paying their mortgages. Fed is propping up the banking system while forcing everyone to pay their debt. Forbearances are coming to an end soon. Let the banks fall and restructure them later. We need a debt jubilee. We are running out of options. Rebuild the middle class and give them some wealth by letting them stay in their homes. This is the reckoning of over 30 years of stagnant wage growth, stagnant purchasing power, the destruction and outsourcing of good-paying jobs, industrial de-investment in the U.S., debt pyramiding, market manipulation, central bank planning, speculative stock investing, the ability to borrow money on the cheap, massive wealth consolidation in the form of inflated stock and asset prices..... All leaving our economy in a fragile state and the average worker most vulnerable to the pain of a collapsing economy. The world's wealthiest and most powerful country (we keep telling ourselves that) couldn't figure out a way to keep 40 million people employed. What an embarrassment. Aside from that, If you want to ride the madness and make a buck out of it. Facebooks Libra coin just got released 1 hour ago! You should get some fast because they have a sale at the moment, but it could be over soon because everyone is buying in. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Where would the market be if companies' policies not dictated by stock price, no stock buybacks could be done, and QE was not 6-10 trillion dollars, and some type of common accounting practices were actually used. I want to say the market would be around SPY: 40-60. I think its like 300 now. Got as high as 330. Just kept going up and up and up. No chance to ever get in. Because when it does go down two seconds later, they come with the firehoses and dump a shitload more money on it. You have like 2 minutes to make a buy before its right back to where it was. No thanks! Rigged Casino, with algos, front running bid and ask. How can it even be called a market? It doesn't even resemble one. It is just some tainted fake ATM that just spews out fake cash nonstop. The heart of the problem lies back in the '70s when the Fed, along with Republican and Democratic senators pushed bank "reform," which just repealed major acts that regulated the banking industry, monopoly laws, etc. Along with this came the removal of the gold standard in 71, which then started the printing frenzy, and the stock market exploded (alongside gold, unlike now). The QE/Stock buybacks/TARP is just what happens when the tide rises, and the rats start to flee the ship. It is essentially the beginning of the end of the US dollar as a global hegemonic currency. If you got rid of the buybacks, QE, etc. you would just prolong the inevitable by a few decades, but the rot is still there. The FED still has complete control, still unelected, still deciding how much money to pillage from future generations to keep the system solvent. The algos and High-Frequency Trading are just one way the large institutions can further steal down the chain. The Fed steals and sends the money to the banks. The corporations steal by getting credit with little interest, pumping corporate paychecks, and paying 0 taxes. The algos steal even more blatantly by getting essentially premier access to the stock market. If you think Forbes 100 is correct, think again. I'm 100% certain there are individuals walking in the US today whose net worth eclipse Bezos and Gates, yet no one knows about them. Think about being in control of where $5 TRILLION goes to. How easy it would be to send just 1% of that money through various entities to a private bank account in the Bahamas. COVID 19 is about engineered economic collapse meant to accelerate bringing in the new monetary system. The new system is not currency; it is a credit system that will give the elite even greater control. The goal is control, whereby humanity is transitioned from freedom to slavery. If you know anything about the present financial system, you know that is already the case; however, the new system will be many many times worse. By cooperating with the COVID narrative, we are accepting a slave system that the vast majority cannot even comprehend at this point. The next President will be blamed for our out of control debt, the high unemployment, etc. If I were Biden, I think I would say no thanks for the opportunity, but I'll pass! Let Trump deal with the mess that he has created! Many have fought the Fed; few are still alive to talk about it. 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!
Saturday, June 13, 2020
👉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!
Thursday, June 11, 2020
👉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!
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