👉US Debt to GDP Worse than Italy on The Way to Turn Full Japan

👉US Debt to GDP Worse than Italy on The Way to Turn Full Japan





A huge budget deficit, Future massive money printing, QE infinity, sub-zero interest rates, and operation twists guaranteed, QE flowing directly into the stock market, Cities collapsing, Pandemic, debt exploding, massive unemployment, earnings down, riots & looting, societal chaos, death destruction & mayhem in the streets! The economy is already destroyed. Time for a reboot because the Titanic already hit the iceberg. Getting everyone to admit this is another story. Trump has added in 43 months $8 trillion debt. We printed $2 Trillion and gave it away. All that money is bubbling up somewhere. The FED is out printing currency out of oblivion, robbing us of our purchasing power since 1913. Had all of this stimulus gone to the people and infrastructure needs, we might have actually been in the midst of a renaissance. Instead, all those trillions are resting soundly in the clutches of JPM, Morgan Stanley, Goldman Sachs, Boeing, Lockheed, etc. It was a massive robbery. Over 600 billionaires got around $700 billion. Both parties promised an infrastructure build before the election. We never got it. The first stimulus was hinted at but nothing. It was a robbery. We the people got peanuts. The reason why there is low money velocity is that the treasury prints the money and deposits into the too big to fail banks who simply sit on the money and either buy risk-free, low yield assets like Treasury bills ; or fund high-risk high reward IB activities. Either way, the too big to fail banks are not functioning as actual economic lenders to the main street market that actually causes expansion of the economy. Everybody knows this. It's a Ponzi scheme to keep the elites and bankers liquid and everyone hustling to make a crappy living. The money only goes to rich insider fatcats to cover their gambling losses and top off their tanks so they can buy up everything (they don't already own). Everybody else is broke. By initiating lockdowns, all we are doing is extending the economic damage over the span of years instead of months. They now have a reason for an economic downturn and an excuse for bunches of future bailouts. The Fed's goal is to re-inflate the bubble economy. The bubble is about to pop. A dollar denominated debt bubble. Bubbles are created by over-leveraged debt-based currency. Gold-based currency is the great neutralizer, but, to be effective, it has to circulate, or there is no proper comparison for the utility value. Bubbles ALWAYS pop. It's either that or the world dumps our dollar, and the reserve status disappears, all confidence lost, and the dollar crashes. The US has the world's reserve currency, so as long as the world keeps allowing Fed policies to go unchecked, and they remain confident in the Fed, then this shitshow can last years. However, since they can't normalize rates, nor stop pumping trillions into the market to keep it afloat.The question isn't how long will it last, but how bad will the inevitable collapse now be. Also, recessions happen about every 8-10 years. We started back in 2016, and it's now been propped up. October GDP numbers fall, and businesses are closing at record numbers .So they will have to double down by the first quarter of next year. The 2nd quarter will tell the tale. It will all unravel by 2021, and the confidence in the Fed will be winding down. We have the most to lose when the world abandons the US Dollar as its reserve currency. It’s already happening in international agreements. The dollar is on life-support, and there’s nothing any of us can do about it. Most of our inflation currently has ended up in asset prices, but it will eventually end up in consumer goods. Eventually, this leads to Venezuela hyperinflation. It basically depends on whether we see a big crash followed by serious deflation, followed by inflation later, or whether we just go straight into inflation now, and gold and silver go to the moon, sooner rather than later. Then there's also the manipulation in the precious metals markets, especially silver. Either way, I'm bullish on precious metals long term. Inflation is the stick that drives the free market toward the karat. Because the free market is the only segment of the overall market that can legally and safely monetize gold and bring market gold currency into circulation without a total debt bubble pop, now that we price these modern markets in REAL-TIME. What's required is a nice safe, and sane debt bubble leak, so the process for gold's entrance has to be organic from the bottom-up. This is ingrained in the law. This now gives the stage to the consumer. More reason to load up on gold, silver, farmland, etc... This is how you will be able to hedge against this oncoming tidal wave of worthless fiat currency. Real estates are a double hedge against inflation. The debt is a hedge, and the property itself is a hedge. However, there's overhead. Taxes and maintenance. You've gotta do the math. Buy assets things that hold value. At least as the dollar is rising, these things will increase in value—things of use. The system we have in this country has a life span. When you see bread lines, you know it's pretty much over. Sooner or later, we must end the party and start paying the debt. Two alternatives: a major holder dumps Treasury securities or we hyperinflate. Neither is good! All these are excellent news for stocks. The Market is at ALL-TIME RECORD HIGHS! Feds will have to print a lot more dollars. The market's always up in Zimbabwe! When The dollar craters, that means everything priced in dollars is going to skyrocket, including stocks. That means you are just going to take all your so-called gains and buy yourself a nice new loaf of bread. The stocks will not crash in dollar terms. Yes, the bond market is in a bubble because of inflation, but stocks will crash in terms of gold. I see the Dow-to-Gold ratio getting back to One. See Venezuela and try to learn something. Yes, Venezuelan stocks went up in lots of bolivares. But what could the bolivar buy? Squat.everyone’s a millionaire in Venezuela. Zero-interest rate policy forces investors out of bank accounts and Treasury securities in search of yield. That is one of several factors boosting stock prices when fundamentals are sketchy at best. What some people don't understand is that the stock market could double on all of this money printing, but it is still going down. It goes up in Dollar valuation but down versus Gold at the same time. What happened if the stock market doubled after printing so much excess money, but the price of gold quadrupled or quintupled? It's going to be a safe bet . The Precious Metals will outperform the stock market by far since high inflation is a headwind for the shares, that have to make up with their dividends for extra inflation percentage. The Fed is not in the position to chase inflation by raising interest rates. And how many stocks arent even paying any dividends and are way up. What happens if inflation soars, investors must pull out if they can't pay high enough dividends. Speculative positions like Tesla, in the example, could go into a waterfall decline. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The US GDP fell back to 19.5 trillion in the second quarter of 2020. Current government DEBT equals $27 Trillion and GROWING EXPONENTIALLY. So in 2019 - GDP was $21.6 Trillion. Debt to GDP equals 123.6% TODAY. Excluding social security, debt to GDP is 98%. America's debt has soared past 26 trillion dollars and is now expected to leap by several more by the end of the year. This debt surge would have been unimaginable just a year ago, and adding to our woes is the road ahead appears bleak. The clock provided by the US Debt clock website provides a great deal of insight and information. A seldom and underused feature appears on the right side of the top line. It is labeled Debt Clock Time Machine. The real economic growth cannot be positive when the debt-to-GDP rises. Debt-to-GDP is already rising, and they think more debt will improve the economy? Surely not possible. The horse left the gate 15 years ago. No way out of this mess without some rescheduling of US government debt. We were turning a full Japan and made Italy and Greece looked creditworthy. It will be mathematically impossible to control the debt. The US will eventually default; the dollar will be worthless. That's what happens when you operate on a debt-based system. Of course, the official numbers are B.S. they all are. The numbers are all lies; they lie about the GDP and lie about the debt. No telling what the true numbers are. The books are cooked. So let me get this straight. Our GDP BEFORE the crisis was approximately $21 trillion. Our economy has shrunk this year by about +30%, and our debt is at $27 trillion. The math simply does not add up here. 27/21 is around 130%. And when you take into account a 30% reduction of GDP (27/14), the GDP to debt ratio is over 190%. What 107% debt ratio are they talking about? Our national debt has grown to such heights that today every US citizen is born owing $80,000. Meanwhile, our collective mortgage debt stands at $13 trillion, corporate debt is $10 trillion, student debt is more than $1 trillion and consumer debt exceeds $4.2 trillion. At a time when the government, in its wisdom, has just completed a program to pay over 30 million workers to not work, the "false economy" tag sticks like glue. Today, the illusion the economy continues to work its way forward is completely based on "government deficit spending" coupled with the Fed's very easy monetary policy. Much of any perceived growth is because all the money being printed has to go somewhere. Sadly, economic growth does not guarantee a healthy economy. Every dollar created is debt. That's the problem. You can't fight too much debt with more debt. The Fed is getting ready to say, Hold my beer. What prohibits the Fed from in one keystroke creating every dollar necessary to pay off all the debt? The dollar would be crushed, of course, but there would be no debt. They will never pay the debt off. They will just continue to devalue the dollar and see how far the military can maintain dollar dominance. Money is already beginning to lose its meaning. It's really quite simple. Money can be printed, but wealth cannot be. Printing money only serves one purpose. To transfer wealth to the bank cartel. Inflation and debt distress assets, which are then bought on the cheap by the bank cartel with money created out of thin air. And yet you still do not want physical gold or silver in your portfolio! Invest in anything that isn't fiat currency. Who could have predicted the QE was flowing directly into the stock market. It seems the FED had plenty of "tricks," not tools to keep inflation at bay, using an SPV with Blackrock to literally BUY junk bonds and put them on the FEDs balance sheet? They are out of tools and tricks- unless they go FULL Fascism and just own the entire means of production...of which is the lowest since WW2. From here forward, all this money printing will wind up in the hands of the public and, unfortunately, will see the massive inflation. Be careful what you wish for. It will not be pleasant. One thing we know for a fact is that the trajectory of debt over the next few decades is far, far higher and is also why it is virtually assured that the US will not avoid the one trigger event that on previous occasions has EASED an unsustainable US debt burden. And that is war! This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. 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!

👉De-Dollarization,Cashless Society,Digital Dollar : What's The Future of The King Dollar ?

👉De-Dollarization,Cashless Society,Digital Dollar : What's The Future of The King Dollar ?






De-Dollarization,Cashless Society,Digital Dollar : Is this The End of The King Dollar ? The US Dollar became the reserve currency of the World after a golden century for America, the 1800/1900. The US was the biggest manufacturer, had some of the lowest cost to manufacture, but still had one of the highest living standards, had annual surpluses, very low debt, had amassed most of the gold in the world with the help of joining two world wars at the end with minimal casualties, but just in time to capitalize on the victories and take in a lot of resources, factories, scientists and influence. The Dollar was backed by all of this manufacturing might and capital. Eighty years later, and the US has become the largest debtor nation in the history of the world.Hardly any manufacturing, bankrupt states, pension systems, mathematically unsustainable deficits.$20 trillions were printed in just the last six months. On top of that, the US is now using this currency to put sanctions all over the world and put pressure on other countries. And the US political class is the biggest liability, instead of urgently redirecting their efforts to train the young generations to work and save, they're busy exploring the number of genders, looking for non-existent racism and sexism and rioting against the order. The USA is now in the habit of slapping all kinds of financial sanctions on whoever it disagrees with. The latest US threats of financial sanctions are against Germany over its Nord Stream 2 pipeline from Russia. The USA is now sanctioning various Chinese companies and individuals too. The US dollar isn't just about economics and business anymore. It's about politics too. And in politics, people deliberately try to damage each other and cause all kinds of problems, which is something more to be concerned about, than unintended harm, caused as a side-effect of something else. When people deliberately try to hurt you by design, then this is something to be more afraid of than unintended harm. Because an especially designed harm for your situation and deliberately done is likely to hurt more and cause more damage. And ordinary Chinese probably now feel more comfortable traveling to Europe for tourism and education than to the USA. This could be another reason why they might converting their US dollar holdings into Euros. There is also talk in the USA of delisting Chinese companies from the US stock markets. So overseas Chinese investors might be selling their shares in these companies and converting their money into other currencies. Mixing politics with business is bad for business. And the USA is now mixing politics with business in international trade more than any other country. This is bound to have widespread economic effects. Because this isn't just relations between the two countries, this is between the USA and the rest of the world. Now you will understand why de-dollarization will destroy America and why they will sooner destroy US Dollar opponents if they could. With money already really devalued as well as keeping the corporate-financial scam on its feet and covering lost fantasy bets and profits made out of thin air, they bought real assets to get their asses covered. The real market, not the fantasy one, perceives the devaluation of a currency late and accepts waste paper in exchange for real goods. The scammed are always the same. If the money had given it to the real production system and to work instead of giving it to each other in the corporate-financial parasitic system, the productive system would have had the capital to restructure, and there would have been no serious social problems. It is normal that it went like this: thieves are thieves and do not change. The Dollar in on a direct course with an iceberg. They will all sink together. All fiat currencies live on borrowed time. The dollar is now at its all-time low compared to gold. In simple terms, the dollar is losing value, and dollar debasement is driving up the price of gold. Gold has been around since before the dollar and will likely exist someday when there is no dollar. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The debt market bubble is unquestionably the mother of all bubbles. The larger the US debt bubble grows, and I expect it will grow for years to come, the lower the dollar goes. And the deeper the dollar sinks, the higher gold prices rise. RUSSIA AND CHINA ALLYING AGAINST THE DOLLAR. In 2020’s first quarter, 46 percent of trade transactions between Russia and China were settled in dollars, the first time the proportion has fallen below 50 percent, according to data from Russia’s Central Bank and Federal Customs Service. The euro was used to settle a record 30 percent of the transactions and the two countries used their own currencies in 24 percent of the deals. In 2015, about 90 percent of the two countries’ transactions were settled in dollars. After the U.S.’s condemnation of Russia’s invasion of Crimea and the outbreak of the U.S.-China trade war, however, the proportion began to slip, and Russia and China both looked for alternatives to the dollar to conduct cross-border trade. In 2014, China and Russia formally agreed to give each other direct access to their currencies without having to buy rubles or renminbi on the world’s open market. That in part, prompted a 2019 deal between the two countries to dump the dollar and use their own currencies in trade. The agreement also called for the nations to create alternative payment mechanisms to the international banking communications system, which is seen as being dominated by the U.S. The de-dollarization of China-Russia trade is reaching a breakthrough moment that could open the door to a broad range of agreements and alliances between the two powers. What's coming is digital money and cashless society. With a cashless society, The government will finally have the ability to tax you with extreme precision. The government can now control what you buy, how much it costs, where you can buy, who can buy it. Your freedom will be gone. It will be a privilege, not a right. A cashless society will be the end of freedom for all. Digital dollars will suck the last drop of freedom out of the American people. Full government control will become so easy. You can be restricted from leaving your state. If you violate your order to stay in your state and you get in your car and drive out of it, and you pull over needing gas, your digital money may not work, and you will not be able to fill your car up. Then you go try and get some lunch. Your credit card won't work either in that state. So you are now stuck. If you are blacklisted by the Government, you can lose access to your account and money in a second and not be able to buy even your next sandwich. The cashless society is also implemented for the central banks to charge negative interest on your savings. A cashless society is not going to be as cool as Millenials think it will be. A cashless society would be the ultimate totalitarian tool. We have not even begun to scratch the surface of what evil can be brought to bear with the abolishment of cash. It's not just tracking the bank accounts. It will be able to track what exactly you purchase, then the targeted advertising starts. You buy a crib and get diaper advertising on your phone for the next forever. The powers that be would be able to freeze our accounts at their whim. Obedience or death at a moment's decision. Everyone would know that this would be a possibility and to survive. Everyone would kow-tow subserviently. Financial ostracization will be automated. Rest in peace Anonymity, Cashiers, Bank Tellers, and MANY Jobs. The money printers turned algorithm makers win. The Fed is going to do this sooner than later. To sell it, To make the people demand the Government give them a Cashless Society, they will say it will end Crime, end the drug trade. Well, who doesn't want that !!, and on the surface, it will do that. But in reality, it will increase crime, and won't stop the drug trade. People can't see the harm in doing it, so why not comply. They don't realize that by complying, the bankers will OWN you and can make you do whatever they want. And they respond with the typical Tinfoil hat rhetoric. And cashless is exactly the same, except different Corporations, will own different parts of your life. The cashless society is a direct road to slavery. In the click of a keystroke, you could be eliminated from doing business. Talk about the mark of the beast. Consider the following actual case. When Puerto Rico was devastated by a hurricane, essentially, almost all communications ceased because of the towers being down. Only cash or barter was accepted until communications were restored. Credit cards were useless. A real possibility of a Carrington event could occur again and take down the internet, or an enemy could create an EMP to wipe out communications. The idea of a cashless society is unbelievably stupid, but people will buy into anything. If all money is only a binary electronic entry on a ledger in some bank, what happens in a REAL power blackout? What prevents our overlords from freezing the bank accounts of anyone who doesn't display sufficient loyalty? It's not only about privacy (which is important enough!) but about our very ability to live! The death of Paper & Coins will be the day everyone loses their freedom! The Banks have a hard-on for this - they get a fee from EVERY transaction made. Don't let it happen.Use some cash for small items! The U.S. government has made every value transaction a taxable event. I wonder when government cameras are in the bedroom if you are going to be taxed for every stroke. Also, will your partner will be penalized for not submitting to your strokes, thus depriving the government of needed revenue? We are almost cashless already Now. Any purchase over $1000.00 raises a Flag. Go ask your bank to give you $10,000.00 if you have that much in there, and watch what they tell you. Oh, don't forget the supposed coin shortage we're experiencing now. The coin shortage is being done on purpose. We will be slaves when they control who eats or buys or sells. When electricity is out, there are no digital transactions whatsoever. Rolling power outages. Brownouts and blackouts. Carrington Event. Social Credit Score is not good for those of us who like to do what the hell we want, not what we are told. Hard to find a plastic card after a boating accident. You can lead a human to knowledge, but you cannot make him think. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. 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!

👉Jobless Claims And Evictions Soaring to Historical Record Highs !!

👉Jobless Claims And Evictions Soaring to Historical Record Highs !!





We have never seen anything like this in our history. Banks falter. Infrastructure crumbles. Schools closed. Retail sales are tumbling. Consumer spending plummeting. System fails. Small businesses giving up and going under for good.Especially those with high fixed overhead, restaurants, bars, gyms. It is going to take years to recover from that. Corporate America is more indebted today than ever before. And an average of one million Americans are losing their jobs every and each week. Overall, 57.3 million Americans have filed new claims for unemployment benefits over the past 22 weeks. All this while Law and Order are crumbling. Say hello to the depression. The number of people who newly lost their work and filed for initial state or federal UI in the week jumped to 1.43 million. A rate of 6 million a month. And you can add to that another 543,000 for new claims filed under a separate program for self-employed and gig workers. The real number is much higher because of PPP. Lots of workers were laid off and then recalled because of that. Now that PPP has expired. Companies will again start laying off their employees. A million new claims for unemployment is not a recovery. It is 50% higher than the highest number recorded in any single week of the 2008 recession. And it comes after five months of 1,000,000+ per week job losses. There's going to be a significant number of job losses reported in the September employment report. The Internal Revenue Service projects that millions of Jobs to Be Lost for Years. And as The federal ban on evictions expired last month. Approximately 40 million Americans are in danger of being evicted from their homes by the end of the year. Meanwhile, federal unemployment aid ended in July, and eviction protections have expired in many parts of the country. And the longer the unemployment spell lasts, the longer the financial hardship among households. The number of people unemployed for between 15 and 26 weeks grew by 4.6 million people in July, according to the Bureau of Labor Statistics. That’s a 240% increase, to a total of 6.5 million people. Temporary furloughs are turning into permanent layoffs. Thirty-eight percent of people who have lost a job or had their income reduced couldn’t last more than a month off of savings of any kind, according to a bi-monthly survey published by SimplyWise. The unemployment rate is still higher than the Great Recession peak. This is such a horrible time to be without a job. I can't imagine how people are hanging on with nothing coming in and nowhere to find a job. Millions are about to become homeless during winter. Americans are about to be in the depths of a crisis, unlike anything we’ve seen before. The homeless crisis will far surpass the devastation caused by the pandemic. All this while the big corporations get unlimited cash from The Fed. And as the banks foreclose on those evicted, the bankers will be counting their money. Bankers like to find ingenious ways to bankrupt citizens. History is replete with examples. It's like taking candies from a baby. Just Like in the first depression when the banks would take (repossess) families homes, and then often rent back the home to the same family. There is nothing natural or unseen about this. The banks create the bubbles and the busts to milk out the country until they have all the wealth. This is as our founding fathers described when they got rid of their central banking system, which we then got back in 1913. And The Nasdaq sets a fresh new intra-day record. Another magic show, as the first legalized Ponzi scheme in world history, recovers another loss. The only market in the world where profit taking is non-existent. Even the dot-com bull of 1999-2000 had a mix of down days and an occasional down week. This constant move upward in bad economic conditions is unreal and makes me nervous about what a true reversal will look like. America is not coming back. It has given way to The big banks And those with immense power that own and manipulate the world's media and messaging. Get ready and Prepare for the Mad Max, Road Warrior Scenario that is taking shape. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The farther we get into 2020, the darker the reality seems to get. More than 57 million Americans have filed new claims for unemployment benefits. The unemployment rate is at its highest since the Great Depression.GDPs around the glob are plummeting. Global trade plunging by up to a third. This is the worst recession since the Great Depression, and far worse than the Global Financial Crisis. Meantime, The top 12 wealthiest billionaires have seen their combined wealth soar by 40%—or $283 billion since the pandemic. It now comes to a total of more than 1 trillion dollars. At the same time, millions of Americans are losing their jobs each passing day. More Americans are suffering from poverty and even hunger. Common sense will tell you there can't be any V-shaped recovery. People are not flying or eating in restaurants, only buying what they need. But the stocks are at an all-time high. We have never seen such a disconnect between the real economy and the stock market. On Wednesday, tech giant Apple was the first publicly-traded company to top a $2 trillion valuation. Apple is now 2% of all world stocks. And also worth 2% of all cash and deposits in the world. The stock market is now the economy. What is really going on is the system is failing to be fair and balanced. It is failing to be stable. Those who don't understand nasty history repeat it. The economic system, as the elites designed, is self-destructing. The elites will push divide and rule, red versus blue until third world collapse and chaos. At best, the status quo will kick the can down the road and bring us right back to Communism's doorstep. We worship a smoke and mirrors economy and the central bank, which props it up and pulls strings. Rejecting time and time again the opportunity for real freedom, which can only come from bypassing the Central Banking System and basing the economy on real-world production. Sadly even those who proclaim themselves as Patriots fail to identify the enemies of freedom. Allowing themselves the cheap and wrongful belief they are fighting. It's a cheap cop-out to avoid reality and get out of the inevitable hard work which must take place if any of us are to know real freedom and truth. The only way out of this coming dark age is the advancement of democracy design. A system of checks and balances to keep our government honest. Even when we succeed in electing an honest, hardworking servant of the people, they cannot overcome a government of criminals, which has only grown and become more entangled over many generations. Sadly for American corporations, this is all so true. Big money knows no loyalty to the country and countrymen. It's always about the buck. They screwed the working class over big time with hiring foreigners and moving operations overseas. But they have no problem living in big mansions on American soil and enjoying the freedoms afforded by the country. Patriotism is dead in their eyes. That is the saddest part. We are losing 1 million jobs per week since March, that's more than the Great Recession of 2008-2009 and more than the Great Depression. Bad news after bad news and this market continues rising. Bad news makes the market goes up. You can shut down the entire country and will still go up. This is a runaway train. Stocks only go up! Something is not right here. The markets are on steroids, cocaine, and fentanyl right now. That mix is called The Fed. The Fed has thrown gasoline on the stock market and doesn't care if the bystanders get burned. This has become a full-on attack against savers, landlords, and basically anyone who actually manages their finances and risk properly. It is gross mismanagement of tax dollars for the rich, and for political gain. Disastrous. A bleak outlook, as confirmed by the Fed. Irrespective of Fed-induced liquidity, I suspect that the 5-month stock rally may be topping out. Even BigTech may not be immune to the economic chill that appears to be developing. They've shoved 3.5 trillion in stimulus money (that is the equivalent of all of the tax revenue the Federal government gets in an entire year) into the economy, and it has to flow somewhere. All that funny money is flowing into stocks and real estate. Every pandemic seems to last 18-24 months, we have a critical election with the standard crappy choices, so I think chances are good they can't grow this beanstalk much taller. The fact is the economy was rolling over before the pandemic, and the Treasury couldn't sell enough bonds back in September of 2019, which prompted the central bank to turn the money printing machines back on. The Federal Open Market Committee's internal memo shows board members have discussed the early stages of stopping the bond-buying program and raising Fed Funds' target rates this winter. They have to do this if they want to maintain any semblance of being in control. Rates are going to skyrocket if they continue to dump their treasuries on the market at this insane pace. The 30 year and 20 yr auctions were disasters. If they want any chance at people buying US debt anymore, they need to engineer a big market pullback. Thirty-one million people didn't choose to leave work. The service industry is going to be in trouble for the next few years. This will have a ripple effect throughout the entire economy. Next year is going to see a foreclosure crisis worse than 2008. Once this emergency is lifted throughout all the states, expect evictions and foreclosures to explode. There will be long lines waiting to get into the courts. The irony was that the virus is impossible to stop in a country this size unless you locked down the entire country for two months and ban travel until the virus died out throughout the world. So, not only this virus ran its course, but it took the economy down with it. Today the 31 Million currently collecting Unemployment Benefits can no longer be attributed directly to state shutdowns. Because there are no active state shutdowns, there are reduced capacity limits in some areas. That said, the markets are INSANELY overpriced for a nation with a 15% unemployment rate. Once the printing press of free money stops, and it WILL STOP, the bread lines and soup lines begin. I'm not kidding. It's that bad. So much for the V-shaped economic recovery. That only applies to the stock market. That's all that mattered to the Fed. Mission accomplished. The poor will now pay the price in higher taxes and inflation. The bread lines are already a thing. The stock market is insanely high, considering just how bad the economic situation is. The market is the same place it was before this all started when unemployment was 3%, and now it's 15%. State budget deficits are exploding due to lost tax revenue, evictions and foreclosures have been artificially halted, and the backlog is enormous. The economic dam WILL BREAK. For now, it's just leaking badly, and everyone's like, "Hey, let's go visit the dam!" This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. 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!