Thursday, June 4, 2020

👉The Fall of the American Empire - Economic & Financial Collapse !!




👉The Fall of the American Empire - Economic & Financial Collapse !!




The American empire is in crisis. The economic collapse is worse than the great depression. We have seen it all these past three months. The coronavirus deaths, the lockdowns, massive job losses, education disruptions, loneliness, depression. And then just when we were turning the corner. Coast to coast protests, unrest, violence, destruction, looting, and chaos. More than 350, that's the estimated number of cities in which protests have taken place in America in the last 24 hours. One thing is certain, America and the world will never ever be the same again. The economic fallout of the lockdowns will reverberate for years to come. The US GDP is now projected to decline by nearly 53% in the second quarter. The US exports hit a 10-year low. Trade deficit explodes. The US pension plans warn they will run out of money by 2028. 1.9 million Americans applied for unemployment last week. 42.6 million have filed jobless claims during the pandemic as extra unemployment benefits expire next month. Almost twice as many Americans have filed for unemployment than jobs gained during the last decade since the end of the Great Recession. Since 2010 we created about 22 million jobs. In the last 11 weeks, we lost 42 million. The monthly jobs numbers for May are expected to show we’ve reached 20% unemployment, and that’s falling particularly hard on minorities. Fewer than half of black adults are now employed, according to Labor Department data. Another 700 thousand (probably 1 Million) manufacturing jobs lost. That's what's going to hurt a lot. Each manufacturing jobs supports something like four service-level jobs. We have lost 380 jobs for every confirmed US death from COVID-19. So was it worth it? And we're not anywhere near done with the bloodletting. Almost 50 million people have been forcibly unemployed. Their jobs are GONE. Their lives are GONE. They're about to lose everything. Pillaging and plundering destroy our potential, and after days of this, the rioters may return home to the same. It is a lousy future. No businesses, no taxes and no soup for you because the trucks stopped delivering, Food will be scarce. Lines are down, so nobody knows where to find any. Starvation is on the horizon. The riots have killed what little hope of recovering quickly that may have existed. The riots are a watershed moment for many; few will be able to just go back to work and forget what happened/is happening. The producers in this system have been exposed to the true evil of the eaters. Their government failed/continues to fail to protect them. Why would any continue to participate at this point? We've seen the rubble and trash riot for the past week. That's bad enough. But sadly, we're approaching a time when decent, hard-working men who've had their lives financially and psychologically destroyed will start "going off." There's a horrible scenario waiting to be played out in America. All due to the greed of a corrupt and morally bankrupt elite. The world will become a very sterile and boring place. You take away the office space, restaurants, shopping malls, clubs, what do you have left? What kind of culture do you have? And all the people who used to work in these businesses, what are they to do! I find what's going on to be very disturbing and shortsighted, ultimately creating a very gray society with no community, a lot of loneliness, and a lot of poverty. This is how you collapse economic activity, send it into a death spiral. They put the riots and looting in the context of the George Floyd protests for a reason. The last thing they want the sheeple to know is that the civil unrest was due to financial and economic collapse. Bad news means more printing! This is definitely BULLISH for the "markets."Thank god we figured out the key to survival is having a fake stock market Ponzi; otherwise, all this bad news would be of some negative consequence. In other words, all we have is a fake “market” with insider traders. City of London Banks and hedge funds have been robbing people with this scheme for decades now. Let's not forget, the REAL LOOTING is happening in the markets right now. Even if the world doesn't dump the dollar, which it undoubtedly will, cancer that metastasizes out of obscene deficit spending and the inherent moral hazard, will eat a society away all by itself. It's on display for the whole world to see right now. The USA is eating itself alive. We are watching Rome burn in real-time. And guess what. The treasury has been looted just like it was in Rome. They will keep printing and printing until it all breaks. It's intentional! I suspect it's to break the system to start from scratch with digital currency and fascism. FED, Politburo, No discernable difference. The USA is a total command economy at this point. USSR 2.0 times 100 kicking off in the streets while "markets" move towards All-Time Highs. In other words, all we have is a fake “market” with insider traders. The City of London Banks and hedge funds have been robbing people with this scheme for decades now. The oligarchy has used it's control of the central bank to dump its stocks and get out. The last sucker is the dysfunctional government. The dollar's days are numbered. Printing toilet paper is no longer enough to paper over cancer, eating the USA alive. It's the cause of it. The world is going to finish the job here and put the USA in its rightful place in the gutter where it belongs. The days of the USA parasitizing off the rest of the world are rapidly approaching their end. A 10$, drug-addicted whore has more credibility than the USA at this point. Mainstream Media has become a fundamental threat to Democracy and is now the number one enemy of the American people. The 640,000 Iraqi boys and girls slaughtered by some of today's present-day cops never got one protest march. Cops kill over 1000 Americans each year. The Mainstream Media picks who gets the publicity. Civil Unrest will be exploited to bring in tyranny. Calling government intervention intended to stop lawlessness, violence, and destruction totalitarianism is an excuse for tyranny. Things continue to spiral out of control in the U.S. as the myth of policing fails, and anti-civilizational forces move into the power vacuum. Tyranny already exists in this banana republic. The Washington Regime and its secret police have been practicing tyranny for quite some time. When a state uses its state security apparatus to persecute and terrorize innocent American civilians, that is tyranny. When a state uses its state security apparatus to marginalize & neutralize innocent American civilians, that is tyranny. When a state uses its state security apparatus to rob and cheats innocent American civilians, that is tyranny. But, wait until you see martial law go into effect. All firearms will be outlawed and forcefully confiscated. Resistors can be executed for failing to produce a weapon that an FBI record states you legally purchased. If a firearm is discovered that your claim was lost, you may be executed. Troops can be quartered in your homes. You may be kicked out into the street, your daughters, wife, maybe raped. Curfews will be enforced by deadly assault. Anyone may be shot if seen out after a certain hour. The curfew hours are up to the commander of military forces. Freedom to travel will be curtailed, and tightly constricted. And last but not least, the Constitution of these United States will be suspended until Martial law is suspended. It’s beyond sad how much The Power That Be have succeeded in making us hate each other. And it’s a seething hatred. We’re headed for very dark times. How is it that the untimely death of one man could spark worldwide protests and riots, seemingly overnight? How is that any protests regarding the coronavirus lockdown are immediately suppressed, but the police look the other way when the BLM protestors take to the streets? Ordinary citizens are given fines for not properly “social distancing,” while thousands of protesters gather with no regard for social distancing. The police do nothing, and the protesters are encouraged by the Mainstream Media. You have to be deaf, dumb, and blind to believe this is not orchestrated. The question is, who is controlling this, and what is the objective! My theory is that the coronavirus panic is falling apart and the people that orchestrated it that needed a diversion. The objective seems to be to destroy all small business and their market share going to the big multinationals. WE ARE WITNESSING A VIOLENT COUP. IT HAS BEEN PLANNED AND CAREFULLY STAGED. The American people are being played. We US citizens are being set up for the epic collapse of our country. You can see all of the tumblers starting to line up. We are being lied to in every aspect of our lives to drive us insane. We are flying without a functioning dashboard, and we are going to smack into the side of a mountain at max speed. This is a repeat of the fall of the USSR. Peak corruption and lies. I have been tirelessly searching for a way out, but so far nothing. Any ideas out there? Television has conditioned us from birth. Few ever wake up from this programming. The mainstream media and 'Federal Reserve' are the same entity, right? They print the money and dominate the flow of information. They own the United States. They've carefully nurtured this atmosphere. Most Americans are trained like Pavlov's dogs. We cowardly feed the FED's IRS 26-50% of our hard-earned income each year, though there is no written law stating we must. The empire is rolling back, regardless of who is president. The "uni-power" period is over and was completely wasted. There is no agreement in the USA on the policy to deal with this reality. Some want to use the military and the policies of the last 30 years to extend the empire's life. That the US will 'win, any battles' is becoming less and less true every year. America has always relied heavily on its carrier fleet to project power across the globe. That fleet is now a sitting duck for modern missile technology wielded by states like Iran and Venezuela, and certainly Russia and China. The loss of just one carrier would be a huge, huge loss of face for the US. It is just a matter of time now that the US will be forced to accommodate a multi-polar world, like it or not. It’s the end of an empire. Nothing will change until The Fed, and its Monopoly money dies. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Americans are mind-controlled slaves in the service of their owners. Our culture, our inalienable rights, and freedoms are being attacked from every angle. We just went through a major compliance test and passed with flying colors: house arrest and masks, which are a symbol of fear, oppression, and silence if ever I saw one. We live in The Truman Show and - like Truman - most of us can't see it. If America continues to abandon the rights and freedom of the INDIVIDUAL, it won't matter what happens to the physical country or the government entity......America will already be gone. America is an idea, not a geographical location, not a landmass, not a group of people, not a central government, not a currency. America IS AN IDEA. America was founded on the principle that men were given unalienable rights by God that were not up for negotiations. Those rights include: 1. Freedom to worship as the individual sees fit, freedom to assemble, freedom of speech. 2. Freedom to bear arms and defend oneself against one's own government if necessary. 3. Freedom of privacy and to own property. That property ownership by the individual was sacred. 4. Freedom to travel without state restriction. 5. Freedom from illegal search or seizure; right to privacy. Regardless of what a majority says or thinks, regardless of what a judge says or thinks. Those rights are for the individual and cannot be taken away without a fight. Washington, DC, has largely become the worst offender of natural rights, free markets, and world peace. Each state has its now own constitution. No need to hang on to the federal one. The misguided belief that it can be redeemed is what holds us back from applying lessons learned to new ones. The USA needs to balkanize. It's the only way we will be free of DC, The Fed, and the Military-Industrial Complex. America, the US Corp (1871) is the problem. It'll be much better once we move to the Constitutional Republic. They ( US corporation ) is the District of Columbia - a city within A city within a state - this is the only thing They own - not Us or anything in the states - once they go bankrupt that is all they own - they do not own us or anything else - let them all sink to the bottom along with the all the federal reserve and then return to the US Republic - then start anew. We have always been slaves—exactly the same. Money is a grant on other's unwilling working time. When they create it to infinite, they are just empowering themselves with the right to ORDER WHATEVER FROM YOUR AD INFINITUM. It could be reasonable for a small period to fix the economy, but they are simply looting all they can right now. This is now TIME Slavery. Like in the middle ages or in the Pharaohs times but using subterfuges. With a small caveat. Your work won't be needed very soon with AI and Robotics, and your very life will be a cost on their spheric "Garden." THIS IS NOT YOUR WORLD. You are living in Enemy Territory. DEBT LAND. SLAVER LAND. Collaboration is against your own interest in infinite Slaver Printed Land. This is not about races, religions, or genders. It is about having a system that works for all or works AGAINST THE PEOPLE. This monetary system is OBSOLETE. It is a basic measure of the value assigned to the "holder" of a token granted by ANY MEANS. He manages to obtain it. It does not contain intrinsic value when the MEANS in which it is granted are meaningless. That is what is happening. We have to move to a system with a data structure that allows measurement of what is worthy and meaningful by its own properties and real "intrinsic value." KPIs (Key Point Indicators) of what is really needed. We have the technology to provide such data structures in a fair manner layering a proper foundation far from greed. We could remove prisoner dilemmas and create a win-win system instead of empowering zero-sum psychopaths that endanger the whole system. But will they allow it? America, the country was awesome. The empire is the problem. America, the empire, is a huge pox on humanity. The United States of America is a country. THE UNITED STATES is a corporation, which took over the country in 1871. Yes, it needs to fail. We need to get back to The United States of America and its constitution! America was doing fine until the Fed took over. End the Fed. This was The Atlantis Report. Please Like. Share. 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!



















Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Wednesday, June 3, 2020

This is a Planned Collapse of America !!




This is a Planned Collapse of America !!




The U.S. is Crumbling from Within. Demonstrations riots and violence from coast to coast. Police and protesters packing the streets of our country. City after city, crowds, turning riotous, chaos outside the White House. Some shooting off fireworks and setting cars and buildings on fire, including the historic Saint John's Church. In Philadelphia smashed up storefronts, protesters throwing rocks and Molotov cocktails at police. Row of cars and flames fires burning near the White House even in the Church of presidents. At least 44 cities establish curfews overnight. National Guard activated in 21 states and the District of Columbia to help keep the peace. Protests are breaking out in at least 140 cities across the country over the weekend. Overnight curfews went into effect across the country and had little the effect in some major cities. In New York, 345 protesters were arrested Saturday night, including Chiara de Blasio, daughter of New York City's Mayor Bill DeBlasio. National Guard troops now activated in 21 states in Washington DC to control crowds and looting. The most fundamental element of the social contract between the government and the people is cracking. That’s the obligation of the government to keep its citizens safe. For that, we surrender a portion of our freedom and wealth to the government for the collective good. The “social contract” has failed because governments are nothing more than a collection of human beings that have been given a level of power and authority over others. Power and authority put in the hands of humans will always fail, eventually morphs into the desire to accumulate more power and authority. The age-old saying “power corrupts” has been around forever because it’s true. The current situation has long since changed from being about Floyd being killed. It’s now a blatant attempt to accumulate as much power as possible. The fools in Antifa and the ultra-right-wing are both playing right into the hands of the people that want to accumulate more and more power. Just like with the sheep literally begging to be locked down from CoVid, so too will the sheep literally beg for martial law to be implemented, first on a city-by-city basis. But the people pulling strings are being smarter this time. Instead of focusing the looting and violence in the ghettos, it’s heading out into the suburban areas. Walnut Creek, CA, got hit hard two nights in a row. Santa Monica got hit. There are rumors of looting being scheduled (on social media, no less) all along the San Francisco Peninsula over the next several nights. This will lead to suburban sheep demanding martial law. State governors will “reluctantly and with great sorrow” make the declarations statewide. And once imposed, with the power that gives them, martial law will not be easily discontinued. "Antifa, short for anti-fascists, is an umbrella term for far-left-leaning militant groups that resist neo-Nazis and white supremacists at demonstrations." So says the mainstream media outlets. The problem is, all I get when I research Antifa is photographs of masked, tattooed white people dressed in black setting fires, smashing windows, spray painting walls, and trying to kill people with crude weapons. Who is erasing all of the documentation of Antifa resisting 'neo-Nazis and white supremacists'? Someone needs to get to the bottom of this. Mysterious pallets of bricks have been filmed throughout major riot hotspots across the country, in what appears to be more evidence that organized groups are using the George Floyd protests to incite chaos and terrorism throughout the US. So who's donating the pallets of bricks to these riot ravaged areas! I still have not heard from one mayor or governor stating they will open an investigation into what organization is placing pallets of bricks in cities used for the sole purpose of destruction. Surely there's surveillance footage, and surely they aren't being brought in by hand. Start checking camera footage, run license plates. Every square block of America is under video surveillance 24 hours a day, with permanent record thereof, and nobody has footage of the flatbed delivering / unloading pallet loads of bricks! If these deliveries continue without being "detected" or hunted down via the ubiquitous surveillance cameras EVERYWHERE, then it's clearly the State. Why? Who knows. But there's no way you can get away with this in our Surveillance State without government approval and knowledge. Perhaps an effort to convince potential 3percenters into believing the State is so inept? Cops can track you down using facial recognition, cameras everywhere, but the 10 ton truck with a crane that unloaded this is invisible! The very fact that the CIA / FBI does not know who these people are almost proving that they are in on it. They can track me walking out of my house from space, yet, they don't know who to arrest? Give me a break. Somebody in the deep state wants this to happen. My guess is they planned it to happen. If these deliveries continue without being "detected" or hunted down via the ubiquitous surveillance cameras EVERYWHERE, then it's clearly the State. There is a conscious, organized effort to HIDE the funding, organization, and logistics of ANTIFA. With surveillance cameras everywhere, it's not that hard to review the video and capture the license plate of a vehicle dropping off a load of bricks. I presume that law enforcement is not interested in confirming their instincts. In fact, surveillance cameras have been removed. The Antifa are useful idiots. They are patsies. No way they delivered the bricks in such a neat and organized package. I think they are being set up to create chaos, and that will give the government an excuse to put the cities under martial law or remove more civil rights and start surveilling everyone. Trump just spoke and said if the mayors cannot control the looters and rioters with the National Guard, he will send in the US military. Soldiers patrolling the streets. All we need now is a few cartels, and we are in Mexico. The pandemic never envisioned a full reopening of the economy. So getting mobs to burn down stores that will never be rebuilt or restocked is the next best thing. Anybody finding it interesting that they're considering ending lockdowns just in time for Civil Unrest? Only three weeks ago, it was CRIMINAL to open your beauty salon. The owner WENT TO JAIL. Only a few days ago, marching in public was 'basically murder.' Now it's 'brave and just' or something. How convenient for Antifa and the Soros stooges that everyone is now obliged to wear masks. Today, we are told (again) to "give them enough room to destroy," and though mass riots occur every night, there are no mass arrests. Those arrested for arson, grand theft, looting, etc. are paid by Justin Timberlake to get out of jail so they can do it all over again. All this feels scripted. It's all too clean. And events seem to flow nicely from one to the next. The plan is to bring out US troops under the guise of riots and make the US and authoritarian army based security state where your constitutional rights are limited because the military or some person of authority says so like China. Perpetual riots will give the pretext for putting troops on the street permanently to bring about law and order. The ROCKEFELLER / GATES gang want china style rule no matter how they get it COVID or race riots. The new zeitgeist USA has to become like China in order to compete against China. Which means, the masses must behave and conform like the people in China. The social distancing, compulsory mask psyop, and lockdowns are examples of broad suspension of individual rights. These are paid riots, on tour, with a "production team." They are traitors. This is a planned enemy insurrection that has been mapped out for years. There is no longer any doubt. Soros wants a color revolution in America, just like in Ukraine. These events are all planned and bought to action with the complicity of our governments. These are not coincidences. These events are carefully planned to train the next generation of communist thugs to terrorize the middle class and small business owners. We are under attack. The idea that there is anarchy because of a few abusive cops is also propaganda. Most people have been indoctrinated in our country. Puppets of society. There are other forces that pull the strings, a puppet master, or so to speak. The ultimate goal is and has always been about control. Our system is not perfect by any means, but if it is destroyed, the system that will replace it will be even worse. Someone or something else will rise in power and control the masses. The pandemic was one good excuse to blame for the current recession, which needs bailouts and buy-backs to rescue stock markets. Then riots provide the next reason to blame for the current recession, which needs more bailouts to rescue the economy and bring in martial law after bailouts come cannibalistic predatory capitalism where big corporations swallow up little mom and pop businesses and another mass destruction of the middle class. 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 FED with their asset inflation and the creation of the wealth gap is the powder, Soros, and Antifa are the matches, and the mainstream media are the cheerleaders. These riots are part of the planned Coup that is underway. Forcing Trump to essentially declare martial law, getting people to beg for it. These riots are an organized FBI / CIA operation. No one will get busted. COVID wasn't working to keep the economy shut down, so race riots are going to be used to keep cities and economies shut down. The USA lost the petrodollar folks. COVID = petrodollar flu. China has all the oil in the world and a stable economy to keep One Belt One Road expanding and growing. The UK and EU royalty have decided to permanently depress and eventually break apart America in 10 years. They are creating or at least attempting to create a forced new zeitgeist of perpetual chaos, security state, and lockdowns. Its a forced meme. The plan is to bring out US troops under the guise of riots and make the US and authoritarian army based security state where your constitutional rights are limited because the military or some person of authority says so like China. Perpetual riots will give the pretext for putting troops on the street permanently to bring about 'law and order.' The ROCKEFELLER / GATES gang want china style rule no matter how they get it COVID or race riots. We are at a point in world history where software nerds, old merchant families, and banker bookkeepers are openly seeking dictatorial power to rule from the shadows like Voldemort's crew. NOBODY in the west today has the balls or will to OPENLY grab power and play the role of Caesar and establish dominion over his country like china's military authoritarian Emperor Xi. For all the talk, Trump is no authoritarian, just a 4chan meme. The Global banking cabal lost the petrodollar and the trade war! Effeminate, weak riots, troops on the street, and disease are all they got to psyop the masses just like the eighteenth-century economies. If you lose a spice route, your central bank, and economy collapse, all you got is the plague to psyop the masses. The USA lost the petrodollar, so now the military is now being turned on its citizens just like the corrupt late roman republic....unfortnately we have no caesars to save us. The globalist meme has come true. The west is ruled by a pack of beta globalists who can only rule through sneak false flags and deceptions like COVID, race riots, etc. Emperor Xi simply says I am the glorious supreme leader of China, and he gets his way. To do that, you must follow psyops with actual skull cracking and genocide of domestic homeland populations to drive fear. Nobody in the west has the stomach to investigate what's going on and put to death traitors, banksters, etc. and bring about order! We are stuck with the cowardly globalist rule of perpetual anarchy, limited innovation, and consumption for the conceivable future! Who established and now owns the Fed? Who owns the propaganda Mainstream Media and social media? Who owns the center of cultural perversion---Hollywood? Who owns and controls our governments? Who are you not allowed to criticize? Who is the Deep State that rules over us? Why is the elephant in the kitchen so rarely even discussed? Answer those questions, and you have a chance to be free. Ignore them and welcome to a modern version of serfdom. Until you know where to march, your charade parades are just that. You have to remove The banking cabal, first and foremost—the real virus. You have to know why. You have to know where. You have to know-how. You have to know who. You have to know what you are doing. None of these people marching know what they are doing and who the real virus is. They don't know anything. That is dangerous. Honestly, does anyone think that the massive funding for this anarchy isn’t funded by George Soros and his infinite number of front organizations? He’s stated that his primary goal in his lifetime is the destruction of the United States. He’s serious, and we better start engaging this POS. Starting with the President, all the government, congress, police, armed forces need to recognize who the boss is. We, the people, are. No more of this need to dominate. You are our public servants. Behave as such. Now here are our instructions: 1. We want all our troops home. 2. We will pay no taxes until you've taken back our trillions from the banksters and the Military-Industrial Complex. 3. Scrap the FED and the CIA. 4. Police to be drawn from the people, like juries. 5. Proper money with copper pennies, silver dollars, and gold eagles. That's for starters. If you can deliver on that, we'll elect you again. Otherwise, the rioting will continue until you learn who the master is - and you'll all go to jail. This was The Atlantis Report. Please Like. Share. 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!








Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Tuesday, June 2, 2020

Is Debt Jubilee Our Only Way Out of The Depression







👉Is Debt Jubilee Our Only Way Out of The Depression






Is a debt jubilee the only way out of the depression? So what is a debt jubilee also called debt forgiveness?. A debt jubilee is a clearance of debt from public records across a wide sector of a nation. Such a jubilee was proposed as a solution to debt incurred or anticipated during the 2020 coronavirus recession. A debt jubilee may not be as far-fetched as it sounds. As many Americans today have more debt than they ever hope to repay. There is no hope. And the COVID shutdown has only made things worse. Our incomes have dropped, and we are using more debt to survive, which makes our existing debt problem even worse. That's why a number of public figures are suggesting a radical and ancient solution. A debt Jubilee. The problem today is that can-kicking yesterday's problems have reached its limit. Over the last several decades, governments across the world have added insurmountable debts. Debt-loads exceed 100% of GDP in many countries. The "ever-worsening indebtedness, and ever-larger interest payments on these unpayable debts, the precise definition of Debt Slavery. Throughout virtually the entire Western world, we are now well past this point-of-no-return. As far as I can see, this is the deal: Mass Credit Cards defaults. Mass mortgage defaults. Mass auto loan defaults. Mass rental defaults. So, one of two things can happen. 1. They'll continue to bitch about 'debt' and then DAMN the only way out of it, which is. Extreme taxes, Slavery, and the assured breakdown of society. Mass bankruptcies, mass evictions, mass unemployment. Debtors prisons, forced labor. Tent cities, a class of untouchables with an American twist. The problem with that is that Americans are too well-armed, and the instant this or anything akin to it pops off, bankers, politicians, judges, and LEO will be assassinated left and right. The societal upheaval would result at the end of America, possibly western civilization. 2. Complete debt jubilee. Everything is zeroed out. Everyone gets a little something to start out with. Similar rules as before; however, the only reason the powers that be could see in doing this is to stop the destruction of their system. It would not only allow them to continue to play the game for another few hundred years but would allow everyone else to do something as well. Literally, no one could complain about anything, everyone has been bailed out, and everyone has an opportunity. Before the pandemic, it was the small business owners that help keep the larger stores in business. If 10,000 of these small businesses do not come back, imagine the outcome of larger chain stores. There will be massive layoffs and downsizing in the larger stores. Many of them will go bankrupt and never recover. Debts which cannot be paid back, simply will not be paid. That's essentially a debt jubilee, whether it is legal, desired or not. Let's see how the banksters like that. Let's have a global super debt jubilee. The Torah (five books of Moses) talk about it occurring every 50 years. Ancient Sumeria, some 6,000 years ago, had the Breaking Of The Tablets (tablets=debts) that occurred every 50 years. So why should we forgive all debts?. Because the world has about 300 trillion dollars in sovereign debt, that's not including corporate or personal debt. On top of that, the derivatives bets against the markets have a nominal value of 2 quadrillion dollars if the markets drop a very significant amount. Honestly, who is going to pay all that back? The Federal Reserve is going to print dollars in an unlimited fashion. Think the value of the US dollar is long for this world! Debt jubilee solves the madness by putting the main Street ahead of wall street. Any debt created out of the ether needs to be canceled, government and individual. And the magic money changers never allowed to open for business again. If these riots were at Goldman Sachs, Ben Bernanke's, Jamie Dimon's Loyd Blankfein's, etc. houses and every Federal Reserve office, I'd be right there with them. They're all running around like a chicken with its head cut off!! They are in this mess because they are participants in a rigged up game that allows no winners!! EVERYBODY loses here, but most delude themselves into thinking that they will be the winner! A few think that they will break even. Fiat paper currency financial systems ALWAYS end this way! The greed of people, coupled with their stupidity of wanting to get something for nothing, is what led to all of this! You cannot create real wealth via phony bookkeeping entries, be they in computers or a paper ledger book. It can be created by honest work ONLY!! Ever since I found out exactly how our fiat paper currency/electronic bookkeeping entry financial system is really set up (set up to fail, that is), I have been trying in vain to educate people via my various videos about it. And it ALWAYS falls on deaf ears. No one wants to hear the truth because it ruins their dreams of getting rich quick at the expense of others. Well now, here we are, all of us, standing on the edge of a collapsing Ponzi style financial scheme, and nobody likes peering over the edge into that black abyss below us. Everyone wants a "do-over" for free, but there are none here. The smart ones have already made plans for this day by trading in their depreciating fiat paper and electronic accounts for precious metals, including some lead! And food and water, of course. The stupid ones will die off by some means or other, while us smart people will continue on. Debt Jubilee. Destroy the lifeblood of the Magic Money system and rebuild it on its rubble. Christianity, Judaism, and Islam all specified in their ancient teachings that usury was a sin. Not the modern definition of usury but the classic definition, the charging of interest on a debt. The simple fact is that the debt can never be paid back anyway. When the Magic Money changers created this money for the debt out of thin air, they didn't also create the money needed to pay the interest obligation. Only through inflation and the continued spiraling debt tsunami can the debt be serviced, but it can never be repaid. It is a pure and simple Ponzi scheme that has enslaved generations, and the saddest part is the cost basis for the slave masters is $0.00. Just ask the Banksters. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Pandemic-driven panic, lockdown-enabled economic collapse (record unemployment and crashing earnings expectations), and inequality-sparked social unrest. And markets are pushing higher day after day with no rational recognition of risk. It boils down to the wealthy money printing class demanding we accept their cashless Digital Totalitarianism. Obviously, they have already swindled millions of people out of many trillions of dollars, And the gap between us and them is huge. They are going to cut off our supplies and force us to slave for imaginary numbers, while the price of everything skyrockets, and that means famine and destitute poverty! They are screwing us over because they can, they have the power to push anyone they want into destitution, jail, or the grave. The seventh-year Sabbatical for debt in the law of Moses was one of the most brilliant, but almost never enforced laws. Think about it. If all debts became unenforceable every seventh year it would achieve several things: 1. Standardize the business cycle to seven years. Everyone knows when it begins and when it ends. 2. This would greatly reduce financial risk by eliminating one of the major unknowns. 3. Forced cleaning of bad balance sheets. 4. Politicians cannot sell future generations into slavery with endless debt spending. 5. Fiat money and banking would be impossible. Debt forgiveness was also practiced during the time of the Old Testament. In Jewish Mosaic Law, every seventh Sabbath year saw the wiping away of all debts, where creditors canceled all the obligations of their fellow Israelites. Debt jubilee sounds wonderful, lovely, you don't have to pay back your debts, you spent the money you borrowed, but now you don't have to pay it back. You get to keep the stuff and not give the money back. Ok, sounds great. But where's the catch, because there is ALWAYS a catch. Who holds most of this debt? Well, that would be YOUR pension fund and YOUR insurance company and YOUR social security fund and YOUR bank that holds US treasuries as tier 1 capital. So, you get your debt jubilee, but you have to live with your insurance company going bust, a complete loss of your social security, the complete loss of your pension, and the loss of your bank deposits. So now that you understand the catch, does it sound like a good idea? Your call. THE CASINO NEVER LOSES. Missing $21 Trillion at Pentagon went into FAANG Stocks? - Companies with losses were able to swap their worthless stock for companies that were well run and making money - Subsidized shipping rates and zero enforcement of any laws enabled the scheme under Obama - Green energy Scams still running - ENRON scam is still running. Public utilities sold for peanuts to Oligarchs, prices increased by 400%, artificial shortages to drive prices up. Smart meters for the time of day pricing for soft rationing, peons have to do laundry at 2 AM, etc. Obama crushed coal power to enrich Oligarchs who had the utilities and Green Scam Companies. The economy was re bubbled, recall FED pumped $14 T that we know about, Trillions more probably pumped via European Front Banks, Oligarchs can never take a loss. And yes, chosen Companies had the road paved in gold for the anti-competition laws suspended, federal subsidies, etc. H1B visas and Green Cards flooded in. Only Chosen Companies allowed to remain open during Pandemic. Every dollar you make and spend is more debt added to the system. Use it or lose it. The dollar has eaten all of its competitors, and now it is going to eat itself." The epitome of fiduciary gluttony by the Ouroboros management system. Governments everywhere giving everyone mountains of money! NO, THEY ARE NOT! They are handing us all mountains of DEBT! Our politicians are just the middlemen working on behalf of those running this criminal enterprise! Globalists “lend” essentially worthless digits to poor countries run by Globalist owned tyrants, at rates of interest that bury them in fake debt. When these countries can’t even pay the interest on the “loans,” Globalist Banks and multinationals economically rape said country. This “Jubilee” costs the Globalists nothing; they already used the fake “money” to buy everything worth having economically, and this furthers their agenda of evening out the peasant population. The stated intention was to take down the West while raising the third world. I suppose we’ll all be in the “second world” with the New World Order if the banking Mafia gets away with it. We’ll see. Always ask the question. Debt to WHOM? There is no money. You work and use fiat debt instruments promissory note dollars to pay the corporation FRAUDS, Mortgage, credit cards, student loans, etc. Debt Jubilee is all but baked in. There's no damn way America can pay its debt, nor most of the world. Most will jump for joy, not knowing what will hit them, not knowing it's the bait in the Fed's trap. The carrot on that stick has a ton of strings attached, like how you will buy thereafter - by being numbered and tagged like dogs. We'll be told what luxuries we can afford, how much food we NEED, forced to pay health care premiums and a list of other mandatory insurance coverages, and whatever else they decide we must buy, like your mandatory array of annual vaccines, all conveniently withdrawn from our accounts on payday... And we thought banks were rapping us before, wait until we're captured, and they roll out their "customer service" program. Then there's the surveillance that will be attached at the hip to any debt forgiveness. Basically, we can kiss the constitution goodby, game over! "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." Henry Ford. Of course, this is going to happen. Anyone paying attention knew this was the end game for at least the last ten years. Let me know in the comment section below what you think about the debt jubilee. Is it a positive thing for us mere mortals, or is it just another con game by the banksters. I want to hear your opinions. This was The Atlantis Report. Please Like. Share. 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!





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Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Monday, June 1, 2020

👉As America Burns , The Stock Market Soars !!





👉As America Burns , The Stock Market Soars !!




Stocks are up, Yet fundamentals are worse than the Great Depression. And the Circus continues. The Fed bought the open with both hands and feet. It is all Rigged! These markets are a frontrunning operation run by AI algorithms. Rome is burning; That’s good for 100 points on the S&P. This is the sickest day I have seen in this Ponzi fraud ever. Every major city in America is being set on fire and looted. Forty million unemployed. And they just keep pumping this Ponzi scheme in everyone's face. Further proof of how disconnected the stock "market" is from reality. As Americans get out of bed this morning, they are not going to give one damn about the market. They're going to find out that their nation has literally burned to the ground. The financial sector (Wall Street) is COMPLETELY disconnected from the REAL economy: People riot in the streets, millions of middle-class people in the US lost their job and income, but the stock market skyrockets. 2020 is 1984 on steroids. The true “looters” are in the Federal Reserve, Wall Street, and the Military-Industrial Complex. Their minions are the ones dressed in black and breaking windows, throwing firebombs, and inciting protesters to riot. They tried that at our protest yesterday, and nobody took the bait. There were “end the Fed” signs mixed in with “Justice for George Floyd” signs. People know who the real thugs are, and they wear suits and uniforms! Now you understand that the short downturn on Wallstreet was simply all part of the plan, and the rich get richer. Markets no longer trade on fundamentals. It's just an algo fueled shitshow. It's all a rigged scam so that the "1%" can continue to rake in more loot (taxpayers' money and fabricated currency). Markets ceased reflecting the health of the economy and reality in general decades ago - it's just too obvious to deny now. Riots, Burning, Protester out pillaging, White house lockdown, no goods available for the stocktake sales, Waits of over 40 days for anything needed urgently. Stupid is as stupid does. And The Stocks always go up, and up. Nothing matters anymore in a banana communist republic. Our wealth will continue to be inflated away, our jobs and manufacturing destroyed, our cities burning, church gatherings outlawed, as we take our place amongst the global peasantry of the New World Order. The Fed is buying spree is tapering. The fed is now buying corporate bonds and equities. Every Monday, the Fed needs a good kick at the can get things going, even better during a pandemic and brooding civil war. Spoof the futures and pump and dump into Robin hood retail all day long. Don't stop it till it stops. The only thing that will stop stocks from going up is if the Federal Reserve was ever fully audited. But it's never going to happen. They all know the books are cooked. They also know an audit will absolutely crush the dollar instantly, and they will lose everything to mass violence. Welcome to 2020 - everything is bull (ish). I can only imagine when unemployment hits 30%, and the U.S. military takes over major cities and installs FEMA camps. The Dow would hit 40k. As long as central banks print funny money notes and keep stonks on the level decided by the central committee, you can have them at 60k, for a while. Soon the defaults on all the business loans, and that should be good for another 10000 pop on Dow. How can markets set themselves up for new record highs, when hundreds of millions around the globe have been sacked or furloughed and are likely to become long-term unemployment statistics. Who controls the markets? Who stands to gain the most from this nonsense? The small guy or the banking cabal? There is your answer. The small guy will get crushed, and the one Percent protected by this group will gain. The degree to which soaring markets are diverging from the real economic virus damage, and now the rising rage, has become embarrassingly obscene. The players in the market know that the worse things get, the faster we arrive at negative rates. As Wallstreet laughs at it all and reminds the plebs; The Fed is your Daddy! They needed a pandemic with lockdowns, closures, along with massive unemployment and riots. Money changers, along with Fauci, are wringing their hands and smirking with glee in their eyes. All done by Design, all done by Agenda. It is all a show, everything is fine. The underlining strength in the economy is their" ALL HAIL THE ALL AND MIGHTY FED'. And, I thought the worst looting was being done by dims, Antifa, and the 99/100ths rioters. SEIZE, AUDIT, AND END THE REAL THIEVES: THE FED! End the Fed. Drain the swamp. Enforce the constitution. And remove all dual citizens from the government. Sound money forces the government to live within its means. Eliminate all fiat currencies, for starters. That should be easy. America had the example of Japan right in front of it. But the magic show had to be saved at all costs. For those who think QE will keep asset prices going up indefinitely, look at how QE has tapered. Bubbles are like balloons. They need constant hot air to stay inflated. "QE has become an inescapable trap." QE was an inescapable trap from the beginning. If circumstances are such that to not do QE is just too painful, yet QE will never allow that pain to lessen, you are in the trap. The only way out is through the pain. The worst part is, the pain is going to happen regardless, it will just be worse if it comes involuntarily. Here comes the pain. Greed, hubris, and ignorance have brought the empire to where it is today. The free lunch is over, and the rest of the world sees through the lies. The whole world is laughing at us going along with the globalism scam and our leaders selling gazillion and trillion dollars worth science, wealth, and jobs to China To enrich themselves and us becoming slaves to China. Treason like this never happened in history. And as the anarchists go head to head with the law and order crowd, The 1% kicks back and enjoys the show. Thus was it ever. Thus shall it always be. Get out of the market now. This is a big fraud by the banksters! The Market Has Reached Its "Maximum Stupid" Price Limit. Room for more suckers and bagholders at the top! The markets are all rigged, no need to report on them. Smart people walked away, crazy people try to guess the next move, and insiders know the next move. The wonder is, how bad does it get before the kingpins decide this is not good. The Gambling addicts, playing in the Wall Street Casino, will get wiped out. A Casino owned by the bank cartel. The house always wins. I believe there will be a four to six-month window where the markets will implode and reset to levels for a new beginning. Unfortunately, most people will be wiped out AGAIN, as they just can't resist. The market will go down, and it will remain down for quite a while, and the average investor will eventually sell at the bottom like they always do, and that is how wealth is transferred to those who DON'T need it to live off. The bankruptcies are going to be far and wide, and everyone is right now riding the FAANG's rather than looking at the reality of the rest of the market. With the peak stupidity government with lockdown, peak high stock market with a long queue of bankruptcies, semi-peak chaos on the streets, I am racing against time to accumulate all kind of tangible assets (not only gold), food (rolling 3-6 months) and cash buffer enough for 2-3 years. Thankfully, I am not in a city. 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 central banks are buying up to prop up their big corp & hedge funds friends. The "Empire of the City" is taking down the current currency system that is obvious. The probable plan is to back all current currencies with some new central fiat debt-based currency at a fixed exchange rate, i.e., like Bretton Woods architecture but all locked into their new Bancor. They don't want to scare the masses with sudden change, but then they have you by the balls as they control the price and volume of the underlying. Simple. And the end game/end times are approaching. Remember, at one time, $60 billion a month in Fed debt monetization was considered massive. I think they do that and more in a day now, although they are tapering to maybe $5 billion a day right now. I don't keep up on this level on minutia. While keeping the retirement accounts solvent is a noble idea, that goal is looking to be an impossible one after the next Wall Street liquidity withdrawal, aka the next and probably final financial markets crash. This one looks like the big one before the last one. Idiocy like ZIRP and NIRP combined with entire financial markets that require ZIRP in order to see their deals not fail, foreshadows a few problems ahead that more ZIRP won't fix. Neither will NIRP. The streets will look worse than they do now when this happens. Floyd was the trigger. The Communist Media, the fake Wuhan Flu Crisis, the forced house arrests, the Impeachment, and the Meuller Investigation / Frameup, and @Jack, The CEO of Twitter telling us he and his buddies are and always will be the boss of all of us; is the real reason for the riots. Add in failed MMT, and the end is nigh. MMT is poison. QE (Central Banking itself, actually) decoupled the financial system from a productive activity because it systematically rewards cronies at the expense of producers. MMT suffers from the same sin to a greater degree. You cannot cure poisoning by imbibing more poison. Revalue Precious Metals and other real assets to a price sufficient to back currencies. Let the debt junkies default. Do this, and the modern world will continue. Fail to do it, and you will get 1984 followed rapidly by Mad Max world. With markets this overextended, your window of time to take action will likely be quite brief. An end to the current rally could happen extremely quickly and brutally. Obviously, if you don't have some gold or at least gold stocks in your portfolio, now is the time to buy, make it 5% of your assets as a defensive play to the trillions of fiat that has been printed - which you know for sure, will hurt the buying power of the US dollar. Anyone who buys anything (except lead, silver, or gold) now deserves all he will get. Bankruptcy. The Protesters are sick of the FED, creating inequality. Now the FED is actively preventing the recovery. In a fair world without the Fed, those who had savings should have been able to buy stocks on the cheap and be rewarded. Instead, those who had the most debt will be bailed, and those who had savings are going to pay for it with higher prices. Another worthless American export to the world - central banking and QE. I don't see a peaceful way out of any of this. My only hope is that the anger is directed at the true perpetrators of corruption, graft, and theft. This isn't a left/right thing. It's a top/bottom thing. I hope all of you stay safe and have a plan. This was The Atlantis Report. Please Like. Share. 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!
























Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Sunday, May 31, 2020

👉This is a Currency Reset ,Market Crash & Economic Collapse !!








👉This is a Currency Reset ,Market Crash & Economic Collapse !!





This Market crash will Destroy more people than this virus !!! As for the economy, the Horse is out of the Barn, and now the Barn is on fire! Manufacturing and services have been cratering for months. Forty percent of lost jobs aren't expected to come back. Washington may spend as much as $8 trillion in stimulus. The Fed is printing money faster than the spread of the coronavirus. And the rich is dancing. Our current financial system is in a state of chaos and cannot continue on its current path indefinitely, no matter how much the Banking Cartel would like to do so. There are too many classes of assets waiting to implode with just a slight uptick in interest rates. The system is broken and cannot and should not be fixed. Sure it is fun to watch. The multi-Trillion dollar bailouts didn't go into the economy. It went into balance sheets. Zero effect except to enhance the party talk in the financial boardrooms. When the FED expands its balance sheet, where does all this 'money' come from? Last I heard, they're a private bank with no real revenue-generating service. At the rate they are going, we'll soon live to see tens of trillions of issuances. Kind of like a reactor core going critical, feeding upon itself. All this will result in mass deflation on luxury goods and inflation on essentials. 10 Trillion on the sacred Balance-Sheet as projected months ago. Is it magic? No, simply drop the ideology and look at the numbers as this has been clear since kindly old Mr. Powell first stopped growing the Balance-Sheet years ago, then reduced it while raising rates. Stopping the growth of the Balance-Sheet about 2015 was ERROR #1, and this and further error in reducing the Balance-Sheet and raising rates until last year were MAJOR ERRORS #2 and #3. This caused the liquidity freeze last September when the Balance-Sheet should have by last Summer. NOW the Balance-Sheet should be 10 Trillion as soon as it can be arranged. Powell strung out the credit markets until they began fraying and snapping because of his damned backward ideology; then, the virus panicked the poor worthless governors and mayors. Now we are facing a Grade “A” Depression. Negative posted rates might be avoided, but the Balance-Sheet has to go to 10 now and 16-20 by the end of 2021. Why? So much of the economy has been destroyed that ‘whatever it takes’ with no holdbacks or handwringing is the only glimmering slight possibility, and it has to happen before 330 million saps realize the politicians broke the world that they need to live in. Here is the analogy of what's really going on .: You, me, and four other guys sit down to play a game of very high stakes poker. How much are you bringing? $5 billion! $10 billion! How much are the others bringing? $800 million! $20 billion! It doesn't matter, because I am bringing all the money in the world, and then some, with my backer who has a money printing press. I am going to "all-in"..... every time. And I won't even look at my cards. Now, who do you suppose wins that game....... every day and twice on Sunday! It was never supposed to be that way. Now you know why we are where we are. The Fed (covering for The Power That Be) will stop at nothing to keep the Potemkin village standing. Nothing. We're down to pure politics. They never miss an opportunity to rob the little guys while they stick the knife on your side! Right now, the Fed has a target rate for the dow jones. And that target is 25,000. They let it go up, and bring it back down to 25,000. They let it go down, and bring it back up to 25,000. And they don't let it go below 23,000, and they don't let it go above 26,000. Investors aren't at the controls of the markets, the Federal Reserve is. Expect it to go back down to 25,000. But, they do have a crash planned, and it will be the greatest crash our nation has ever seen. But they want the government to borrow even more before this happens. The Fed doesn't want to discourage our government from borrowing even more, by crashing the markets now. But they will have their scapegoat to blame the greatest crash in history on. Perhaps their scapegoat will be as simple as using the horrendous second-quarter results as their excuse to "Pull It." Whatever scapegoat they use, I believe it will happen. I believe a worldwide market collapse is part of their planned and executed pandemic. Their goal is a worldwide dictatorship of the Banking Cartel. Once all financial authority is removed from the individual governments, as the federal reserve is doing at this time with our own US government, we will see the end game of their well planned and executed pandemic. The secret elite at the very top needs all authority shifted from the governments and into the hands of the international banking system, which they control. They will succeed in creating a one-world financial system with the international banks at the head, telling governments what to do instead of the other way around. But in order to have a one-world financial system, they need to introduce the world to their one world currency. So they must completely bankrupt our government, as is already being done, and they need to put US citizens in such a state of hopelessness, that we will all agree to this secret ruling elite's offer: Accept our new world currency in place of your US dollar, and we will bail you out. And we will accept it. Can't have a one-world economy, a one-world financial system, and a one-world government without a one-world currency now, can they? And whoever controls this world monetary system, do control this world. Thus, a worldwide dictatorship with this secret fraternity at the very top at the controls. And their weapon of choice for the overthrow of this world is the monetary system. The more debt they print, the more debt needs to be printed to pay the more debt they printed before. It is a zero-sum game. The interest on the debt/money is never created, so there is a scramble to get a big enough share of the debt to pay your debt AND interest. The problem is there are then those left short......no matter how hard they worked or how well they planned. As the debt ball gets bigger, the interest ball gets bigger. Soon you have to print an enormous amount of debt/money just so the interest is covered. At some point, the amount of debt/money necessary to pay the interest is enough to break the system. We are close. It is my opinion that when the best rental property in the world, the US dollar no longer offers a positive yield, it will collapse and be rejected as the world's reserve currency. No yield; nobody wants your sorry ass dollar. The Good news is we will all be millionaires soon. The Bad news Zimbabwe is full of trillionaires. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the full truth, and nothing but the truth. There are two types of dollars. Those that we have to earn and those that they print. It just goes to show that the dollar has no value once people earn and save it. They simply debase it by printing in perpetuity. All the more reason to diversify into items of intrinsic value. There has to be a consequence, at some point, to all this money printing. Sounds like something cyclical is happening. More money printing requires even more money printing, requiring even more money printing (to ultimately buy stock ETFs.) The machine is starting to eat itself - it's a bit like, for example if you love eating steak and you can't get any, so you cut off your own leg to have some sirloin. How long can that last? It cannot last - especially not in US Dollar - other countries got away with it, but the US Dollar cannot behave this. The USA is fast turning into Argentina basically. All these bailouts and programs require new treasuries to be issued - not to mention covering old treasuries that are expiring, and the market simply cannot support that many treasuries hitting the decks, especially at 0% interest coupon. So, in theory, in a real market, what should happen is the bond prices drop as the selling hits the tape, and the implied interest rate is increased - to stop that happening, the FED is buying all the treasuries by adding them to its own balance sheet. So there is no market then - it's fake. The fed will eventually blow up the US Dollar, and we'll all be on bitcoin - maybe that's the idea -or maybe they just screwed up really badly - stranger things have happened. The real economy has not been in good shape for a long time. The stock market has been an illusion that working stiffs hoped they could stagger across the finish line, and their stock retirements would solve their problems. Millions were already on the edge of bankruptcy long before Corona. They paid a grossly inflated price for a rapidly depreciating asset like a house. Prices have been falling for 18 months now. In hard times of the past, people always had some option to try and make it through. Work more hours, get a second job, the wife or even the kids get jobs. Hustle, hustle anything to pay the bills and survive. Today the Government is actually telling people they can't work. How many government employees have been labeled as 'non-essential' and lost their salary? Zero. I cannot get my head around this. They are going to destroy the economy with no answer as to how it will magically start back up like it was before. It makes people believe in conspiracies because no one could be this stupid, but they are. Three hundred thousand people die each year from medical errors by doctors in the USA. WHERE IS THE PANIC? That was the planning part of the pandemic. Reflate the Ponzi scheme. Bankrupt deplorable peasants. This goes deep. Question EVERYTHING. they will Never let a crisis go to waste." If one does not exist, they create one. They are resetting the system, but there will be no arrests. The Power That Be know the system is no longer sustainable, so they are either using the virus as a cover, or the virus was created to give cover. Create the crisis, and the sheeple will beg them to fix it. They fix it, alright! This is not a pandemic - it's a reset. When you realize this, then the pieces will come together, especially when you see that your very healthy friends and family will be alive and well in a year, although possibly struggling economically. The reason for the fake hysteria by governments is to move us to a cashless society and into digital money! And as an excuse to roll out their surveillance grid. Stocks are not the real economy - both have been propped up by Trillions in debt for 12 years. It's another harvest. The first one didn't rape enough sheeple. This one will hurt. Dow 17K and change then boom, rally time, then August-September vaporization to new lows. Then the "Trump" miracle rally or whatever they will call the fake cure. We are now at the point when the Fed needs to crash the "markets" each time Treasury issues another Trillion in Treasuries. The markets can remain insane longer than you can stay sane. The central banking system is a money-laundering system for the people in the right places. How will all the "printing" for helicopter money and whatnot interact with the limited supply of goods/services from the shutdowns? Hyperinflation will be End Times - the paper money that people worship will be exposed as the False God. The money printing didn't just occur at the Fed level. It occurred when anyone rolled over their credit card debt into their mortgage. Notwithstanding, deflation is happening through massive demand destruction. But the demand was artificial, to begin with. Due to Fed money printing and low-interest rates. Much better to have an orderly controlled process. Bankruptcy and debt restructuring will happen at all levels, government, corporate, and individual. Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all. The government will expect everyone to take a hit....except, of course, for the banks. They have the right to ruin you in their demands for their money. Weimar Germany here we come. Utopia and its roasted leper pecker over a burn barrel. Maybe then they will understand frugality and conservativism. Probably not. More freebies! More POLICE STATE SAFETY! When people can't even do the right things for their own survival, how in the hell do these Marxists expect people to do the right things for the alleged whole? The absurdity is breathtaking. Politicians and federal reserve sociopaths should be quarantined for life to ensure the survival of the human race. Politicians and federal reserve sociopaths caused this depression, but sadly, they won't be held to account. The fed injected trillions of dollars into the economy, an already bankrupted the country, and people think this is going to end well! Anybody who thinks this is going to end well should just drink the same aquarium cleaner that idiot drank in an attempt to save his life. The Fed can buy the f'n dip anytime they want. All trades are winners when you buy with counterfeit money. Even when you sell for a 90% loss (On paper), it's all still a win. End the Fed. Before, The Fed ends America. This was The Atlantis Report. Please Like. Share. 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!
















Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Friday, May 29, 2020

👉This Stock Market is Not The Real Economy !!








👉This Stock Market is Not The Real Economy !!




This freakshow is getting freakier. The economy is in free fall. The country is sinking deeper and deeper into a sea of debt, just passed the 25 and a half trillion mark yesterday. The U.S. economy shrank in the first quarter. The GDP fell at an annual rate of 5% in the first quarter, a bigger decline than the 4.8% drop first estimated a month ago, the Commerce Department reported. Boeing announced Wednesday it would lay off around 13,000 workers, including 6,770 involuntary cuts, while 5,520 staffers were accepted for voluntary severance packages. This is a huge indicator. Boeing is a very Major Player in our economy. This news comes as the U.S. Corporate profits drop in the first quarter by most since the 2008 Great Recession, the Commerce Department said Thursday. That is the largest decline since the fourth quarter of 2008 during the Great Recession. US economic activity collapsed in April, according to the Chicago Fed. The national index, which draws on 85 economic indicators, crashed to a record low -16.74 in April versus -4.97 in March. Existing home sales collapsed 35% Year-over-year. Biggest Drop Ever As Buyers Forfeit Deposits. It's finally gotten through to the dumbest of the dumb that the housing bubble is real, and so is the collapse that's got to come with 50 million people unemployed and millions more coming, and no way to prevent millions of people from losing their homes (and their cars and toys) in the next year or two. After all, Why buy if you can keep renting for free. 100,000+ businesses have been decimated by the Governor's orders to shut down. Those businesses are not coming back. The full extent of the damage to this economy won't be known for several more quarters when businesses report their sluggish earnings if there are earnings at all. But All this doesn’t matter. The bad news is good news for the market again! The market seems detached from reality. This market is not the economy. We do not have a market anymore. The current stock market valuations are completely unhinged from the fundamentals. This Stock market is simply a Ponzi scheme! A gigantic market crash is looming. This will end badly; they are only trying their best to make sure it doesn’t happen in their watch. Q1 results didn't really show the pandemic impact. Q2 results across the board (generally) will be abysmal. Q3 & Q4 will also be lackluster as people save, and fewer people feel comfortable going to malls/spending cash in general. The only thing keeping this up is the FED. Absolute insanity - Wallstreet having another chance to offload their toxic assets onto retail investors. The Fed is propping (printing and pumping money) to stocks that elites are holding; it is an insider trader scam. In Weimar’s Germany, stocks hit a remarkable rally until everything crashed in 1942 and then again in 1927. The idea of an endless “fiat-driven bull market” is a gross lie backed by bankers and their shady supporters. Central banks are printing/digitizing currencies. Japan has been doing so for around 30 years. This is the Japanification of America. Equities are a central bank Ponzi scheme. Period, the end. The Fed is literally counterfeiting trillions and using that money to consolidate ownership of real assets. We all know that the last solution becomes the next problem. So what do you think the next crisis will be?! Reminds me a bit of the famous comment back during the last crash, "That's Why I'm Richer Than You"! The fact that bank stocks are rising again with earnings tanking is a very bad omen. I don't want any exposure to the Fed and its rigged hellhole. People think liquidity injections means the market goes up, but that isn't true at all. The Fed has been using liquidity injections since practically 2008, and it is getting weaker and weaker every time. Get this: they pumped the US stock market up 30% BEFORE THE WUHAN VIRUS. An obvious attempt to fleece the retail investor. They will do the SAME THING AGAIN. The market looks more and more like a massive pump and dump scheme now than it did BEFORE the depression, which is insane! Companies selling common stock like there is no tomorrow, commercial investors extremely bearish, huge short positions in various indices, etc. I am sick of trying to go for that 10 to 15% return right before a crash. It is not worth it at all. Not with the stocks back to 95/98% all-time highs. And 3 trillion sounds like a lot, right? Well, it isn't much if you think about it. Total corporate debt stands at $15.5 trillion, and overseas dollar shortfall is intense. So really, if you want to be in stocks, you can only be in the ones the Fed/government guarantees. Which is like ten total: Amazon, Google, Microsoft, Boeing, Apple, the banks, and maybe a few others. Everything else, in my opinion, is extremely risky. Don't fight the FED! They have a digital printing press. We have mortal blood! Records reflect reality, not the other way around. The S&P markets reflect the moves of four key constituents (and a dozen other laggards), but 75% are doing poorly. The Fed is preening the business community whilst generating hype in the retail investing market. The 'real' economy is the real economy, and that space is in a 100-year world of hurt. Look at the top line of most companies today and tell me where their P/E valuations are coming from. Where is Price Discovery when the Fed is now a player with Blackrock? Records could reflect reality soon - don't be fooled. Just wait till August, September, and October. That will really show what is going to happen. Right now, the stocks are way over the inflated cause of the stimulus package/care package, one of which giving unemployment a $600 a week boost for people. The real trouble comes when that stops, small businesses aren't coming back, and unemployment isn't going down as quickly as we'd hope. I think the market will see a big drop in those months. This current situation is not fundamentally sound to invest. That's why you hear people like Warren Buffett not willing to invest in the current climate. The corporations are getting bailed out, but when it returns to profit, The Government suddenly turned dumb and did not keep those shares to receive profits and dividends to at least return money to the taxpayers that bailed them out in the first place. On top of that, they don't pay taxes. The federal reserve keeps manipulating prices. And we never know what companies they’re going to save or let fail. Short sellers who lose all their money should be able to sue the federal reserve and get their money back. America fails on many levels. It is like an alternate universe. - Savers get punished - Precious metal stackers get punished - Hard-working middle/poor classes get punished - Those who are essential workers who actually have worked get punished - Those who got laid off get $1000 a week for staying home, AND they may get a back-to-work bonus. America is now more communist than China. More QE, More Debt, More Asset Purchases. The economy sure is doing great! We should shut down all the small businesses so we can get DOW 30,000! Fed has 200 trillion liabilities, and their assets are garbage nobody wants, i.e., treasuries, ninja mortgages, zombie stocks, etc. The Fed is the garbage dump yard of everything that is worthless. If you want to hold dollars or play this market, you should have your head examined. Until the world can ditch the dollar, we can screw them for a bit more. But the Fed can do very little when the almighty dollar collapses because no one wants it any longer. Then look out below, or should I say look out for hyperinflation. They've Taken Your Job, Your Business, Your Freedom, and Now They Are Coming For Your Social Security. You have to be insane to invest in the stock market these days. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Stock market sentiment had been shifted to full-on speculation since FED started Brrrrrrrrrr. There is nothing about this market that has to do with the Economy anymore. The Reasons I believe why the stock market will go down significantly more in the coming year are : 1). 330 Trillion dollars of very poor credit market debt that needs to be deleveraged, and the Fed's 1 Trillion farts can't do anything to stop this. Japan has been doing for 30 years what the Fed is trying to do now. Guess what: it won't work when the world has 330 Trillion dollars to deleverage by at least 50% with Quadrillions in derivatives. We're in a deflationary trap and spiral. 2). Corporate share buyback Ponzi model has come to an end as public pension funds (states, municipalities, cities, etc.) have no tax revenues presently to buy corporate bond issuances to fund corporations who use that very money to buy and drive up their own stock to stuff management's pockets with bonuses. 90 cents of every dollar S&P 500 companies earned in the last Five years also went towards corporate buybacks combined with an unprecedented issuance of corporate debt and equity dilution, helping this endless Ponzi scheme. Already, more than 40 S&P 500 stocks have suspended or slashed dividends this year, with dividends expected to shrink by 23% this year. Buybacks could take an even bigger hit, plunging by 50% in 2020. 3). Economy for over a decade barely growing at 1% average despite all the above Endless rounds of QE for 12 years now, interest rates pushed to zero punishing savers and tax cuts that were really not necessary. 4). Consumer debt to income ratio at unsustainable all high time levels (175 debt to income ratio and climbing higher as well as 12 times debt to savings ratio and climbing higher) with real unemployment (unemployed, underemployed, and not counted in the workforce) at 50% plus. 5). All stock market indicators are at all-time high levels. S&P P/E was at 21.5 when S&P was 3393, and now, even if you cut earnings by 25% which is VERY conservative, you have P/E moving closer to 25 which is la-la land (you have to wait 25 years to get your money back on your principal which is crazy); Price to Sales Ratio over 2.5; Enterprise Value to EBITDA over 25; Buffet Indicator (Market Cap / GDP) over 135%; Shiller P/E over 27; Q factor (the market value divided by its assets' replacement cost) at 1.76. In fact, this is the most expensive time to buy the stock market since the dot com bubble. 6). The bond market has been screaming major recession/depression and deflation for almost a year with yield curve inverting three times and the 30-year T trading almost at 1% (totally crazy). 7). M3 essentially at zero with the consumer (which represents 70% of economy traditionally and 90% in 2019) tapped out on debt and 50% unemployed/underemployed. Meanwhile, we have overcapacity and overproduction for consumers who have no more money. This is a signal of a looming depression soon to be followed by hyperinflation. 8). Corporations (30% of the economy) already in recession since the start of 2019 with little to no earnings expansion over the last five years. 9). The corporate bond/debt market in the mother of all bubbles with 90% of bonds trading at one notch above junk status. 10). The IMF has stated that this year, the global economy will experience the worst recession since the great depression. It has also stated that for the first time since the great depression, both advanced economies and emerging markets are in a recession with growth in advanced economies at -6.1% with income per capita projected to shrink for over 170 countries. Most economists are expecting the Q2 of 2020 to be in the -20% plus range in economic contraction, and this will be catastrophic. 11). The debt to GDP of all developed countries in the 150-300% range.Not really a surprise. Developed world Governments have been running 6% of GDP a year deficit just to grow at 1-2% per year. If individuals or companies did this, they would declare bankruptcy after seven years. 12). The stock markets now are comprised of 5 companies representing 25% of the S&P and 40% of the Nasdaq. These percentages are beyond alarming. Facebook, Amazon, Apple, Microsoft, Google are up 11% on the year, and the rest of the 495 companies of the S&P 500 are down 15% on the year. We have two markets in essence. MSFT trading at 27 times 2021 earnings estimate, AAPL at 22, AMZN at 58, GOOG at 21, and FB at 23. The rest of the 495 companies of the S&P 500 trading at 16. Not a healthy market. P/E ratios should not be over 16. 13). Healthy stock markets don't go down 35% and swing back up 30% in a matter of a month. This type of volatility always signals lower prices ahead. We are, in fact, in a horrible company. This is the fastest 35% downward move in the stock market. And only two other times the stock markets have gone up 30% this fast: the first leg up of the Great Depression and the first leg up of the Great Recession. We all know what happened afterward...lower lows. 14). Major head and shoulders top forming while we are hitting the 61.8% Fibonacci level and bouncing around the S&P 3,000 wall. We are looking very weak, technically. 15). Bear markets last, on average, 15 months. We're not even in the second month of this bear market. Wall Street will soon be shorting the market to drive it down and buy it at a later date for much cheaper. Don't kid yourself: Wall Street is playing the public for fools and their greed to slam the market down and make money will happen before they buy everything for 50 cents on the dollar. 16). Retired baby boomers pulling money out of the stock market like no tomorrow, while millennials have no money to invest. 17). Berkshire Hathaway sold 8.6 Billion of equity and only bought 4.4 Billion in 2020. NET-NET, they have liquidated Berkshire Hathaway sold 4.2 Billions of equity. 18) The market idiots are out in full force with their ignorant punch lines. Be careful of the mainstream media, Wall Street, and government. They are all charlatans, liars, and manipulators. They dig a hole, stand next to it and tell everybody there is gold inside. We are a two-tiered system comprised of crony capitalism combined with the worst part of socialism. Large corporations are benefiting during the good times and during the bad times when these same companies who should be going bankrupt or getting bought pennies on the dollar by more responsible corporations, or getting merged with competitors are getting selectively bailed out by the Federal Reserve who is picking the winners and losers by their size and too big to fail criteria. Crony capitalism on the way up, socialism on the way down. This, my friends, is a broken, corrupt system. Do you want to have a glimpse of our future? Go look at the Nikkei from 1989 to today. Japan has been doing this for the last 30 years, and its market is still down 50% from its all-time high. The stock markets are now trading in swings like penny stocks with all free-market price discovery destroyed and not an ounce of sound monetary policy left. Stocks and bonds are trading solely on what the FED is doing and directly correlated to their balance sheet, which is total insanity. You have a bunch of d-bag academics (who think they know best) not only fighting mother nature but also fighting the principles of economics where boom and bust cycles need to be normal occurrences left to their own devices for productivity to improve over time. But the Federal Reserve doesn't give a hoot about the principle of economics, and they have become the real virus (they are the reason we're in this mess) infecting the world because they have us play the game with one set of rules yet those rules are constantly broken by them to be the buyer/lender and owner of last resort and implement their grand scheme of becoming the world's central bank and having the entire world as their slaves. If common folks had this behavior, they would end up in jail. This is the real virus, and we won't be able to get rid of it. Who wants to invest in a rigged market where prices are not based one bit on sound economics like reasonable P/E ratios, earnings, free cash flow growth, and dividends where earnings are cratering. And if you think the Federal Reserve is here to rescue the world by propping up the markets for the sake of humanity, don't be naive, think again. They are a self-serving private bank (no more Federal than Federal Express and not even a reserve and truth be told not even a bank). And if they are to buy the market instead of their traditional usury of buying bonds, they will do so at a much lower price than the present overvalued market. This is the biggest ruse of all time, having people think the Federal Reserve is on their side when their true intent is to crash this market and buy everything at 25 cents on the dollar. The very timely Coronavirus is the medium that is exposing the fragility of this corrupt, selfish, self-centered astronomically over-indebted over-leveraged system. Keynesian economics has run its course and collapses on its own weight. The jig is up, and it's game over. The central banks and corporations have been controlling the population for centuries. Economy collapse and starvation have been used to control and conquer for thousands of years. The same strategy is in play now for global dominance by design. They will control every aspect of our life. China is a role model for The coming New World Order. It's all fake, and I believe the Black Swan is the Federal Reserve itself. And the US government is the real virus. The correction will occur by having an entirely new system. No doubt, hyperinflation will occur. We will have to start over again, like Germany, Rome, and other fallen nations. This was The Atlantis Report. Please Like. Share. 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!





















Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Thursday, May 28, 2020

👉Over 40 Million Jobless , Debt to GDP Ratio 122% , The Economy is Crashing !!







👉Over 40 Million Jobless , Debt to GDP Ratio 122% , The Economy is Crashing !!


Over 40 Million Jobless in two and a half months. 2.123 million more Americans filed for unemployment during the last week alone, bringing the total unemployed in America to over 40.8 million. About a quarter of the U.S. workforce has applied for jobless benefits during this pandemic. That's almost twice as many Americans have filed for unemployment than jobs gained during the last decade since the end of the Great Recession. And the real numbers are probably way worse. The U.S. debt to GDP just popped to 122% today. That's what happens when you close down commerce. That is what happened when you allow the government and governors to shutdown your businesses and places of work. We are being MMTed. More incentives will be introduced to not have a job. Essential slaves will get a bonus to stay on their job. Most of these unemployed people get paid more sitting at home drinking and smoking dope than to be productive. Reward the fat, sickly, obese, useless, lazy, and fearful for their "contribution" to public health by being shut-ins, and bad things happen. Whatever you are promised, it will be at your expense. It always is. The whole system was due for collapse. Systemic collapse is underway. Opening a shutdown economy is a bad joke. No business can reasonably function at a fraction of capacity, especially restaurants. For those that managed to reopen and hire workers to get by, what do you think is going to happen when the bennies run out in July, and there are no jobs (good or bad) for 40 million people? We're a dead country walking. They've printed trillions and have only managed to keep things quiet for another month! Evictions are about to hit the ground running. Once the current renters are put on the street, the landlords are going to discover there is no one else to rent to. It is going to be an interesting summer. There is a huge difference between being "open" and being "back to normal." Nothing is back to normal. People aren't doing things. Everyone is uncertain about their job or the economy or the next health "crisis"... so nobody is spending money. Nobody is planning trips for the summer. The economic fallout is only just beginning. Until faith in the economy is restored (which may take years), the damage will continue. Just wait until people's unemployment runs out in October or November. The good times are gonna roll. You best enjoy the next 2-3 months, because after that it's going to get real ugly for a long time. So you best enjoy your steaks and wine in moderation. We are going through an economic meltdown "never before seen in history. The dominoes have not really started calling yet. Renters, car loans, utility bills, insurance premiums, mall operators, airlines, hospitality, and Trumpeo chooses now to have a showdown with China. And the Dow is 100 points HIGHER on this news! All these unemployment numbers have been good news for the stock market, every time it has been a good reason to make a new short term high. I thought the economy was based on employment. Guess it's really based on the rich squeezing every drop out before they go home with theirs. Wall St. is a grim picture of Gamblers gone bad; unfortunately, the Globalist FED is one of the worst. Fed dollars are, by definition, debt. It’s really really hard to fix something that was fake, to begin with. The stock market is a tool that gives the rich Access to a poor man's capital via 4o1k's, pensions, and savings. The Fed will be in at about 10 am to keep the market flat for the week. Tomorrow will be flat too. We can all go home for the week. Happens every Thursday. The trillions and trillions of dollars that are being thrown out the problem and that are being created out of thin air by the Federal Reserve which is buying up everything and flooding the economy with newly created money. This is going to do far more damage to the economy than the coronavirus. The damage from the panic has been far worse than the damage from the virus. The government's cure is far worse than this disease. The System is structured to collapse. These politicians mainstream media just don't get it. Lockdowns and house arrest kill, fresh air, work, walks on the beach, and being out in the open, cure. I still don't understand why we locked the economy down. The only thing that would've helped is locking the borders down early on, which, apparently, suddenly became "racist" somehow. Waiting a few months and then closing down barbers and restaurants was pointless. This lock-down allowed the feral reserve to initiate a MASSIVE bank bailout without anyone even questioning, unlike the aftermath of 2009. The bankers knew that they needed to make it publicly palatable, so threw in the 'loss of life' gig. The Fed truly doesn't care about the domestic economy. We were already a highly leveraged economy. Everybody had borrowed money. Corporations had borrowed money, state and local governments had borrowed money, the federal government. Individuals with record student loans, credit card debt, auto debt. There was a massive increase in public debts. Estimates are the public and private debt as a share of GDP is now three hundred fifty percent as of the end of last year. But this year it might be closer to 400 percent. States and local governments are facing a trillion-dollar shortfall in revenues over the next year and a half through 2021. Nobody had saved anything for a rainy day. Today it's not only raining, it is pouring, and we've got nothing. Mostly we could just print money. The Federal Reserve is printing One million dollars every second. In just one week, the fed printed $586 Billion, setting a new all-time high record for its balance sheet. This is The End Game. This time The Fed is not going to be able to bail us out with a bigger bubble than the one that just popped. All the years of kicking the can down the road, we finally caught up to the can, and there's no more road. And this can is too big; if we kick it, we break our foot. Everything the government is doing is going to delay the recovery, and it's going to deepen the depression that we entered into. What we need is the free market to function. When the free market functions, over-leveraged businesses fail. Businesses that no longer have adequate demand to go out of business, and they free up their resources, they free up labor, which is a resource to do something else. But what the government wants to do is to maintain the status quo. They want to artificially keep businesses afloat that would sink in a free market. And so they redirect resources from where the market wants them to be, to where the government wants to trap them. Therefore all these businesses that are being bailed out today are going to need constant bailouts in the future. The people who are being subsidized not to work are going to have to be subsidized indefinitely. Because the businesses that need to employ them are not going to be created. Because we're redirecting capital to maintaining the businesses that should be failing. We are on fast-track to inflation. Not only are people going to be paying a lot more money for bread but they're going to be waiting in long lines to get it. Things are gonna change dramatically in this country. I think we're headed for a collapse of the dollar. I think the dollar is going to lose its status as the reserve currency. The American standard of living is going to implode because we've been living beyond our means. The rest of the world has been enabling that by living beneath its means. The scarcity of goods will become a popular paradigm. Civility and security will become even more scarce. People still assume that governments have the nation's interests at heart. Nothing could be further from the truth. The writing is on the wall. The powers that be want the rule of the few over the many. It is commonly called tyranny. If you keep on sleeping, you will wake up in the slaughterhouse. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the full truth, and nothing but the truth. We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by brute force". -Ayn Rand. Every action the US Government takes to remedy this situation, involves somebody borrowing money. Take a loan to continue a business that has a 99% chance of being shut down when the Globalists turn on the Second Wave act of the Corona Pandemic Show to destroy the middle class. The serfs are tapped out; they can't afford to borrow any more money. The Federal Reserve murdered small businesses. This is the final act of the United States of Usury. In the current political climate, no potential leader in an election campaign is going to tell the electorate that he/she will be reducing the national debt and, in turn, reducing benefits and social programs. You just won't get elected that way in the tussle between populism and socialism. That tells you national debt in all the western world is only going one way. Socialists don't want leaders; they want Santa Claus. The American people have gotten checks for nothing—unemployment up the ying-yang. Government spending that trickles down. Government jobs based totally on debt. Near-Zero interest rates. Social security, Medicaid, Medicare, countless freebies everywhere that would take up volumes and volumes of books. We have a 25 trillion dollar deficit handing out freebies to anyone and everyone. Trump and his supporters are now worse than Bernie bros, who at least want to raise taxes to pay for all this, and he is honest about it. What's going to happen when the FED owns everything. Weimar and Zimbabwe and ironically Venezuela. America had decided to join your club. Welcome to the new gilded age. Nothing says Free Markets and Capitalism like buying Junk bonds, government bonds, stocks, and bailing out the multi-billionaires. Businesses have much to be uncertain about, given the ridiculous burdens hanging on them with a team of cops, bureaucrats, and lawyers ready to make their lives more difficult. Why take out a loan to pay employees to do nothing. The government already does that. I have also heard that they don't want to take it because they cannot layoff employees while they have it. The layoffs are coming, and I believe the small businesses are getting ready to do just that, in mass. Employees collecting unemployment won't come back to get on the payroll, which is required for loan forgiveness. The Fed murdered businesses on the main street. When everything is bailed out with whatever the current money is, the current money loses value, and the national money (currency), which is supposed to reward valuable companies, becomes valueless. Then, companies with value will start to trade in a more valuable currency or money (whatever that may be). The Trillions they're pumping into the economy are going straight into the markets, which is why the Dow goes up, but our wallets keep getting thinner. It should be impossible for a stock to go up if the underlying company isn't making profits or have any income at all, but in today's world, that's what happens. We'll keep collecting and trading dollars in the U.S. until China and/or some other country out there decides to start dumping our currency, and raging inflation starts working its way through our supply chains. I think you might see China dump their treasuries the week of election night. I also believe if that does happen, election night will be canceled. Someone prophesied that Trump would be the last American President. I'm starting to believe it's true. It's the Fall of the Roman Empire again! History certainly rhymes. Now we can look forward to the Technocratic Dark Ages with the Man of Perdition and implanted chips! And When everything else has failed, they will take you to war. That's all. The sleeping American is a lumbering, mouth-breathing troglodyte hooked on Tik Tok and unemployment benefits. I question what percentage of Americans are even fully literate to say nothing of being financially literate. There is nothing I would welcome more than the great awakening, but our collective IQ has deteriorated to such an extent that I'm not sure we have sufficient brainpower to drive such an event. I wish I was kidding. This was The Atlantis Report. Please Like. Share. 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!


















Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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