👉Despite Record Low Mortgage Rates -- Massive Foreclosures and Prices Correction Looming !!

👉Despite Record Low Mortgage Rates -- Massive Foreclosures and Prices Correction Looming !!






Mortgage rates fell to an all-time record low in the week ending 2nd July. The weekly decline came off the back of a hold in the previous week. 30-Year fixed rates fell by six basis points to an all-time low 3.07%. In the previous week, 30-year fixed rates had held steady at 3.13%. Compared to this time last year, 30-year fixed rates were down by 68 basis points. The mortgage rates are going to continue dropping. It should be 2.0 to 2.5%. There's no reason we should pay any interest in our homes when the FED is handing out free money. The math is ugly. Consider how many americans live paychecks to paycheck, how many are actually out of work, or have had income cut significantly. How slow jobs will be to return to previous levels. 10s of millions of homes just became too expensive for the people that “own” them. Homelessness will pop way up. Rates will continue to fall. Not a terrible time to get home. Wall Street is a drug addict deprived of its drug, which is frankly why the markets kept climbing. Vast amounts of liquidity, zero-bound rates, QE to infinity and beyond, are an addiction not easily kicked. Wall Street is demanding the Fed move, and the Fed acting as a cocaine pusher is happy to oblige. Trillions more dollars in "stimulus," endless money printing, eternal debt. Overpriced and rates will fall. Hyped up home prices need to go down for any chance in sales increase. More like "lenders are desperate to lock in rates that are set to decline further. No need to rush. These rates have yet to bottom and will be south of 4% for years to come. Don’t buy an overpriced home but refinance if your current mortgage has a higher interest rate. Rates will not go lower without more government help in purchasing back mortgage securities. And the Fed will pump trillions to get these rates lower and lower. Should you rush out there to get a mountain of cheap mortgage money, when you don't have a job to make the payments with? Or are the low rates only for the very wealthy? Who can once again take advantage of a crisis to put more distance between themselves and the rest of America? Would you rather get 20% off your home price when interest rates are high & then refinance to a lower rate when they fall? Or pay top dollar for your home when interest rates are low, and pay tens of thousands more over the life of the loan? Wait a couple of months, and there will be a glut of homes on the market, and very few buyers - rates won't be higher than they are today. Buying is only good if taxes are reasonable. Lower mortgage rates are great for people buying a home or refinancing, but to be eligible, people will need to have proof of employment. With many laid off right now, not too many people will be able to take advantage of the lower rates. Also, most lending institutions require a minimum of six months of employment proof. So, even if someone goes back to work right now, they may not be able to secure the lower rate since they were laid off for quite a few months. The reality is the loan rate you get is far more dependent on how much you are borrowing and your credit rating. It depends on your credit and your credit score, the higher your credit score is, the better rate you get. Many lenders will also give you a low rate without telling you if they are charging points. Make sure you ask them, because this is very deceptive, and I would stay away from that lender, which happens mostly with your online lenders. Someone with a low credit rating (below 800) will be paying 5% or more. If you borrow over $500k, the fees and points and requirements for insurance will drive your real costs up well over 5 or 6 % regardless of your credit rating. When you are looking for a loan - remember it is not about your needs - it is about how much money the banker can reasonably suck out of you. Refinancing almost never works - you have to be getting over a 2% drop and reduce your time frame by at least half - ala 30 to 15 years - to even approach not doubling your real costs. Lowering your monthly payments is a gimmick - you have to look at the total cost of the loan over its lifetime - if you do, you will understand just how dumb most changes really are. When the interest rate goes up, house prices will drop like a rock. You could also re-finance when interest goes down at some point. You can change the interest rate, but the price you pay will never change. This is one of the main reasons some people retire wealthy, and some people retire with nothing. Mortgage principals have to drop a lot. Until then, drops in rates don't mean much. Prices need to correct before most people would want to buy. Interest rates only go up during economic boom times, and that’s when tons of people are out there buying homes. Today The economy is on the brink of complete collapse: Twenty-five thousand store closures, record-setting bankruptcies. We're still 15 MILLION jobs BEHIND. We're months and months from being even. It's staggering how nobody sees this, and the 0.1 % are making fortunes on a stellar stock market while the country remains in COMPLETE TURMOIL. Home prices are through the roof. Good luck if you need to sell in a few years when rates go back up and reduce purchasing power. Homes are grossly overpriced, and the FED isn't going to be raising interest rates anytime soon. Stop trying to manufacture a sense of urgency: We're in for a very long recovery, and it hasn't actually got bad yet. Time to get out before next year's massive foreclosures hit the country. Many homes will be lost because there is no way the folks who permanently lost their jobs will ever be able to back the delayed loans. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, google has demonetized this channel, so now I rely totally on your donations to keep this channel functional, as you know it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The virus pandemic and social unrest have sparked an exodus of city dwellers to rural communities and towns. Remote access for work, and the recession, coupled with high unemployment, will extend this outbound emigration trend for the next several years as people seek cheaper living accommodations ex-metro areas. There is going to be an incredible supply of rentals. We are going to see a lot of negotiating and landlord incentives. I think we will see rates below 2% soon in an effort to juice the economy to prevent the greatly feared deflation. And on cue, the American consumer will step up and go into debt at low rates. Job security is not a problem. Let the good times roll. You are delusional if you think people are even thinking about buying right now. From 2012 to now, seven years, houses have TRIPLED in some places. There is no way people will put themselves at risk with a minute mortgage rate cut and be on the hook for HUNDREDS of thousands. No wage increases or very little. Even Texas is expensive. Property taxes are expensive, nobody has 10-25K sitting around to pay this annually, and you are on the hook for this.Plus now fewer deductions. Black Rock and the FED need to get out of US Residential housing as soon as possible. This is not their place to invest. Let Americans compete, not corporations and funny money FED printing out of thin air. Think of the '80s and '90s. You could get a single-family home in the DC area for under $200k, but the interest rate was over 15%. Today, you're hard-pressed to find a home under $500k, but the interest rates are under 3%. The monthly cost on either one is not much different. You can't have your cake and eat it too. House prices are shooting up in certain areas because of the epidemic. Coast to coast, people are fleeing cities: San Francisco Rent Drops Most On Record As People Flee For Suburbs. Wealthy Homeowners In 'Mad Rush' To Flee rats infested San Francisco. Rich People Flock To Aspen, Park City As America's Inner Cities Burn. Florida was where New York and New Jersey wealthy though they could hide from the virus - got that wrong, but the real estate prices went through the roof overnight - with 11,000 new cases every day - wonder how long that will last. California has seen a surge in near suburbs - ala the flight from San Francisco, Los Angeles, and San Diego to the smaller communities to the north and east .Many of these not big city counties are seeing surges of 20% overnight - as the wealthy in the big cities look for a second home they allow them to flee the cities and the surges in the epidemic. Many of these counties have incredibly low infection rates compared to the rest of the country - as long as that holds - this trend will continue. Rates mean almost nothing to the wealthy fleeing big cities - they are paying with cash, then financing after buying with the lowest rates available to anyone. To sum up, if you haven't considered leaving a major city - now might be the time, due mostly because a correction in housing prices is likely underway. No one wants to live in a major city infested with riots, civil unrest, crime, and high taxes. The virus is only part of the problem. The exploding crime rate is the real reason people are leaving town, and they aren't coming back. It's truly amazing to watch real estate prices spiral up and up and up, with a few cash-rich people buying up stuff they haven't even looked at in person . They buy flipped hovels that are barely livable for 200 plus a square foot sight unseen), while no one else is touching the market with a ten-foot pole. As soon as the spendthrifts run dry, there is going to be the mother of all corrections and units lying dormant without maintenance as owners just dump. Obviously, all of that real estate money is getting funneled into stocks. Until the market crashes, then it will flow into something else. Probably gold, but also some back into now vastly cheaper real estate. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!
















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

👉The Stock Market is a House of Cards, The Unemployment Numbers are Inaccurate.

👉The Stock Market is a House of Cards, The Unemployment Numbers are Inaccurate.











The Stock market is a House of Cards, The Unemployment Numbers Inaccurate. Our economy is tanking, and the only thing that has remotely saved it is the $6 trillion stimulus between the FED and Congress. We can't spend our way to prosperity. 7 Millions of Americans could face eviction at the end of July, once enhanced federal unemployment insurance expires and eviction bans across the country lifted. Small businesses have been destroyed, and record bankruptcies are occurring. Trump is going for a $5 trillion budget deficit. He is going to destroy Bush’s record of $1.4 trillion. The unemployment rate is still 12+%, and employers are still laying off people in record numbers. Eighty percent of the jobs that came back were part-time. There are already plenty of negative catalysts. This is the insanity of 1999 or 1929. Short of the Armageddon, what else negative could be happening that is not? The Federal Reserve’s pledge to keep the monetary spigots open for years sent the Nasdaq Composite to a record close. The stock market may be doing well, but the economy is not. Well yes, because of trillions of dollars in bailout, I mean stimulus. It is a gambling Casino with the odds stack against the small guys. That's all unless you get insider tips like other players in wall street. The Fed has to inject TRILLIONS OF DOLLARS just to prop it up. Their balance sheet went from $4 trillion in January to over $7 trillion now, a HUGE increase just to prop up the economy from total collapse. Forty-eight million filings for unemployment were a historical embarrassment, and 10% getting jobs back is wonderful, but 90% are still unemployed. It is the great American COVID 19 party the higher the cases, the higher the stock market goes - I cash out - it is over for me - good luck at the casino as this makes no sense at all. The bureau of labor statistics job reports on July 2 for the month of June was full of inaccuracies and completely out of whack. In other words, completely pumped up to make someone look good and make the markets go up. The jobs report means nothing. We know many who went back to work are again being sent home. The pandemic is worse than it was in March, yet the stock market soars ahead as money goes to the stock market instead of to people who need it. Already at a record rate for bankruptcies, which will rise even more as the virus continues. When the bubble bursts, this one is going to hurt for a long time. The market is drunk, so it will continue to go higher and higher until there is a negative catalyst. But when it shows, the rug is gonna be pulled from the entire market. A stock market with ZERO fundamentals. These indices must be setting record lows but are setting record highs. The Dow is only down 11% from its high this year, even though our economy lost 4.8% GDP in the first quarter and predicted 40% this quarter. Big disconnect. Who knew we could all stay in our homes and get rich in the stock market. Why didn't we do this before? You know how many people are going to be sitting there with their pockets turned inside out in a few months, saying, "why did I not sell?? Was I insane? People are stupid to think the economy is going to recover anytime soon. The stock market was an overvalued house of cards prior to the pandemic, being propped up by corporate buybacks, which accounted for a majority of stocks purchased. Buffett is sitting on $140 billion in cash, waiting for the bottom to fall out of this market. Consumers' drunk thinking jobs will come back, and hence consumer confidence is high. Catalyst will be when free money for unemployed stops and another wave of insolvencies hit that worsens the job market. Although, "the number of unemployed persons who were on temporary layoff decreased by 4.8 million in June to 10.6 million, following a decline of 2.7 million in May. The important stat is that The number of permanent job losers continued to rise, increasing by 588,000 to 2.9 million in June. And once you lose a good job, try to get another equivalent good job, especially if you are over 60 or 70. They need to stop saying jobs were created. It is people returning to work who were laid off. And are probably being laid back off again now. We are still at near Great Depression level unemployment. Losing 7 million jobs, and then getting back 1 million is "jobs data smash expectations! Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, google has demonetized this channel, so now I rely totally on your donations to keep this channel functional, as you know it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The markets are always too optimistic and keep sending stocks upward regardless of all the negative news lately, the pandemic, government-imposed shutdowns, and civil unrest. It a distraction from the largest theft in American history! Futures are truly meaningless in this thing that used to be a stock market. I don't trade constantly, no gambling, I usually buy long. I'm staying cautious, I still have cash, and I think I'll be glad I do by the end of the year. If Pandemic cannot be controlled, no amount of Fed’s liquidity will induce net aggregate demand pickup as whether the government mandates shutdown or not, the average person will refrain from spending or going out. Due to COVID, tax collections on corporations and individuals will be way down this year, resulting in a skyrocketing budget deficit on top of a very high national debt. Dollar devaluation and thus sharply higher inflation are becoming more likely, and that would be a shock to the stock market since it would also force up today's super-low interest rates. We may have a deflation instead of inflation. If more than 20 million don't return to work, there will be too many goods and not enough demand. Forbes analysts predict 42% of jobs won't return. Do the math. We have already experienced 48 million new unemployment claims in 15 weeks. However, the continued monetary debasement paradigm of The Fed that reduces the purchasing power of our dollar will ultimately cause real money (gold and silver) to appreciate. I think that we might revisit the stagflationary years of the 1970s, where gold appreciated 2400 percent. Economic mother nature will destroy the dollar. Given the reserve currency status, and considering that world trade has more or less collapsed, trillions of dollars normally used in international trade are no longer required and will be repatriated back to the US. The reserve currency status is the very thing that will collapse the dollar. We didn’t learn squat. Pouring financial liquidity on insolvency just burns money. Then the kicker is the liquidity in the form of additional debt. Stagflation is here. I lived through the 70s and saw the devastation. We need the foreigners to finance our debt. We are screwed if they refuse to buy our T-bonds due to rates that do not cover expected dollar devaluation. Corporate debt levels are also historically very high. Foreign investors will not buy government bonds if the interest rate offered does not keep up with rising inflation or so much debt financing is put on the market that investors will be overwhelmed and thus demand higher rates. The FED wanted to have a good quarter, so they pumped up the stocks to have a great quarter, based on stock price, nothing more. Today, that was not enough. They pumped up the individual Indexes to have record levels. The after hour futures drop probably indicates that they don't want to continue buying stuff at the same rate as they will let it crash next week and blame it on the COVID stuff. Well, COVID was known yesterday, and today, it is the FED buying that changed. Investors right now are determined to see the market go higher. Usually, the market looks ahead and identifies looming problems or opportunities and moves the market ahead of the news. Now the market is ignoring the obvious contradiction to the future, which clearly indicates all these "new jobs" are going right back into the deep freeze until this virus is figured out. The market is going to ignore all the terrible earnings from the fortune 500 and instead look at mid-June's jobs data. The market is going to ignore the fact that after mid-June, massive shutdowns were implemented because of the spike of COVID19 cases. The market is going up, no matter what. It is clearly a bubble, and the only question is, what day will the bubble burst? It's not going to take years like the 2007-2008 crash. It's not just the mortgage industry and home builders that are going to get crushed this time. It is almost everything. Sure Netflix and Amazon will still see massive growth, but bricks and mortar operations will be devastated, and unemployment is going to be much higher than the number we see today from the Trump corrupted administration. I guess real market forces will have to come from outside the US. They were no new jobs created. It was the 5 Million who went back to work. The 20 Million still out of work will lose that $2400 a month Fed's check at the end of July. The Fed can't fix that. That should be just in time for the virus to be completely out of control, again, maybe forcing closures, again, then what? Schools start back up, another spike. 4.8 million went back on the payroll, but 1.51 million new unemployment claims. Jobs are jobs, whether they are old or new. But by my math, we had 3 million before the virus that was unemployed, and we had 48 million new unemployment claims in 15 weeks. And we supposedly had 2.5 million go back to work a while ago and 4.8 million this week, so subtract 7.3 million from 51 million, and the roughly 43.7 million are still on unemployment compensation. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!



























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

Dr. Marc Faber Exclusive Interview With The Atlantis Report 2nd July 2020

Dr. Marc Faber Exclusive Interview With The Atlantis Report 2nd July 2020






👉Dr. Marc Faber exclussive Interview With The Atlantis Report 02 July 2020. We are proud to bring you Dr. Marc Faber of the https://www.gloomboomdoom.com Dr. Marc Faber, you are the author, the editor, and the publisher of The Gloom Boom and Doom report, which highlights unusual investment opportunities, and you are the author of several books, including Riding the Millennial Storm: Marc Faber's Path to Profit in the Financial Markets. And Tomorrow’s Gold – Asia’s Age of Discovery, which was first published in 2002 and highlighted future investment opportunities around the world. Tomorrow’s Gold was for several weeks on Amazon’s bestseller list and has been translated into Japanese, Korean, Thai and German. You are a regular speaker at various investment seminars, Dr. Faber. You are well known for your contrarian investment approach. Your contrarian views have earned you the nickname of Doctor Doom. You are a world-class investor and a regular speaker at various investment seminars.

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

👉Gear Up For The Great Economic Disaster in America !!

👉Gear Up For The Great Economic Disaster in America !!









Gear up for the Great Economic Disaster. Before World War I, the American currency was supported by the gold standard, every one dollar note was a receipt for the same amount of gold that could be exchanged in the bank any moment you want. Then, World War I started on July 28, 1914, and the US Congress passed the Federal Reserve Act of 1913 that allowed the debasement of the US currency. Now, every 50 dollar currency note was backed by 20 dollars worth of gold that was almost 40% of the original value. In 1936, Hitler annexed Czechoslovakia then two years later Austria, and finally, in September 1939, he ordered to conquer Poland that initiated World War II. During the war, America, except minor skirmishes, was not practically into the Great War until the Operation Torch of conquering French Africa in November 1942, eleven months after the Pearl Harbor Attack. During the unbiasedness period, America sold goods and services to European powers and acquired gold in exchange that devastated the global economic balance, and now the gold standard or gold transactions were not viable anymore. At the end of the war, a new monetary system was introduced, which is called the Bretton Wood model. This model allowed all Fiat currencies of the world except a few to balance against the US dollar currency while US 35 dollar claim bill was balanced by 1-ounce gold, this gave economic confidence and stability and pegged all currencies against US dollar and US dollar against gold and currency exchange rates were fixed that resulted into US economic boom. Then the US started relentless printing of US dollars without any fixed gold ratio, French President Charles de Gaulle sensed it, and he asked America to trade in gold against dollar. He sent dollars to the US and bought back his gold, other countries followed the French model, and within a couple of years, America lost 50% of its gold reserves. Knowing that gold standard could not be maintained and could turn into a global economic disaster, President Nixon in August 1971 was forced to introduce a new economic model that converted all global currencies into fiat currency. Every thirty to forty years, the world had an entirely new monetary system. There was the classical gold standard before World War, one the Gold Exchange standard between the wars, the Bretton Woods system from World War two to 1971, and the global dollar standard from 1971 until today. The reason there have been so many monetary systems is that they are all man-made and not a product of the free market because they cannot possibly account for all of the forces in the free market, they build up imbalances and pressure develops stress cracks and then implode. The financialization of the US government before 2000, if we had a recession and the stock market fell, tax revenues would just fall a tiny percentage or just go flat. But since the year 2000, federal tax revenues rise and fall with the stock markets. In 2008, the stock market crashed by more than 50%, and federal tax revenues fell by 28%, this means that from now on because of the crushing debt and future obligations the Federal Reserve and the government must come to the rescue of Wall Street every time there is a stock market crash or risk of their demise. Since 1971, every fiat currency is losing its purchase power and value. Remember that in order to levitate the stock markets from the crash of 08, it took a 400% increase in base currency. Each time they do this, their power is diminished, so the next time we suffer a downturn, they aren't going to get the same economic pop from creating another 3.2 trillion. In the next crash, it will probably take a similar percentage increase or more, but this time instead of starting from a base of 0.8 trillion, we're starting from a base of four trillion a 400% increase would mean the creation of 16 trillion, which would bring the total monetary base to 20 trillion. The problem is that according to the Federal Reserve M2 currently stands at 11.8 trillion. It's now about 15.8 trillion. So the next time the stock market crashes, to save the government, the Federal Reserve may have to create more currency than currently exists, and that is the hyperinflationary end to our economic roller-coaster ride. When a wealth transfer of such scale is perpetrated by the Central Bank, the governments, and the financial sector to enrich themselves, it's nothing but the legalized theft. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, google has demonetized this channel, so now I rely totally on your donations to keep this channel functional, as you know it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. History in the Making. Throughout history, none of the fiat currency could sustain whether it was Athenian, Roman, Chinese, or Indian, there has been 0% success in this regard. All western currencies, whether it is US dollar, British pound, or Euro of European Union, have been losing their purchase power, the global economic system has already reached on the verge of collapse, and we can anticipate a new global economic system right after the COVID-19 pandemic. So we should be physically and mentally prepared to contribute our share to the new global economic model that should reflect the true democratic values with increased liberty and democracy at our workplaces. And we should think for a while that why this upcoming global economic model cannot be a cooperative model that may work for the wellbeing of the working class, which is the greatest global producer. This COVID-19 disaster is an opportunity to critically examine and reject the brutal global economy where a few have everything while the rest of the humankind have nothing. We can utilize this quarantine time to innovate some groundbreaking economic model, just like Karl Marx did in the 1840s, but this time we would not foolishly pursue the fancy ideas of communism or socialism because we know that both did not work in the recent past. We aspire to create a cooperative capital global economy that is based on true freedom, justice, and equality at the workplace. What do We Need to do to stop this Economic Carnage? History teaches us that absolute power corrupts absolutely. That is why the old imperial system failed that was followed by freedom, justice, and equality secured through the American Revolution (1776) and the French Revolution (1789). We need to re-establish our economy, workplace, and social structure on the golden principles of freedom, justice, and equality. In the following passages, we would try to examine how we can renovate and rebuild this world on these principles. 1. Pillars of Justice The architects of the new modern world envisioned building it on the principles of social justice, equality, and democracy, but unfortunately, these core values have not been secured at the workplace yet. American politics is reverberated by the slogans of justice, equality, and liberty, but the American neo-feudal lords and king CEOs have absolute power and resources to control anything they want. They do not allow workers to enjoy these values in their workplace, where they spent most of their lifetime. We need to establish these core humane values at the workplace and secure democratic rights, freedom, and equality for workers at workplaces. Workers should have the liberty to choose their profession, they should be treated with the utmost respect, and their voices should be considered in the policymaking process. 2. Establishing Parallel Public Banking System We don’t need to fear this mighty brutal elite because we have a solution to curtail their influence. We need to introduce a new economic global system that is similar to the World Wide Web, which should not be controlled by one country or one institution. We need to build a network of broad-based public banks that should not be controlled by any company or group. They should operate on egalitarian principles and should secure the rights of workers. This would require unprecedented political will and courage to fundamentally reform the global economic system. Currently, the stock exchange shareholder financing mechanism and the private banking sector fund the corporations. This mechanism must be replaced by public banks owned by worker cooperatives that should serve the interests of the workers. The current economic system, with its private banking, is serving only the crooks of Wall Street. 3. The Free and Healthy Markets It is believed that capitalism and the free market are controlling the global economy. Capitalism, as we know it, has been gone for decades; it is now a sham, and the reality is we have a controlled market that is monopolized by stock exchange corporations. Small businesses that represent healthy capitalism and a healthy free market are swallowed up by the Wall Street sharks, simply due to the lack of freedom and democracy in the workplace. Workers wouldn’t accept selling their company to the stock exchange if it was subject to their vote. The only work that can survive the Wall Street parasites is Workers’ Cooperative Corporations since they are funded by public banks rather than private banks. In Spain and Italy, Workers' Cooperatives built their public banks to serve their workers. It is worth noting that the CEO's cannot earn higher than seven times the salary of an average worker. Such environments won't allow the forming of brutal capitalism to exploit humanity and nature. This is possible only if we have justice, freedom, equality, and democracy at our workplaces. 4. True Pulse of Power It’s worth noting that this cooperative structure is not traditional socialism, and certainly, it is not communism. There is not a single company or institution in the communist or the socialist countries that regard freedom and democracy at the workplace. It's quite the opposite. The communist and socialist regimes have strict laws for workers, and they have developed sophisticated enslaving mechanisms. There is no difference between brutal capitalism and brutal communism. They secure the interests of the same brutal elite. Until we establish democracy in the workplace, we would not be able to secure economic prosperity for our working class. We highly recommend that you research Dr. Richard Wolff’s Democracy at Work. Dr. Wolff believes in the Workers’ cooperatives principles and free-market economy run by demand and supply. Dr. Wolff’s best example of Workers’ cooperatives is Mondragon, a Spanish multinational workers’ cooperative federation, which was founded in 1956 by Jose Maria Arizmendiarrieta, this unique organization has more than 100,000 workers. Mondragon Corporation is a broad-based worker's cooperative federation that directly serves its workers who have a prime share in its policymaking and profit. It is one of the most efficient and first of its kind cooperation, which has set new standards for worker’s cooperative economy. It's the largest and most successful Workers' cooperative in the world! It's a great example of Freedom and Democracy in the workplace. 5. Making of Hearty Nations and Healthy Humans If we could achieve freedom, justice, and equality at the workplace, then we can develop a broad cooperative global economic system that would benefit the poor working class, which constitutes the major part of the world population. As everything grows out of the economy, the cooperative economy would lead to a healthy social organization and will reduce the tussle between the haves and have nots. The working class would not be enslaved by the private banks and corporations. They would be masters of their destiny. 6. Breakdown and Transform If we carefully examine the big economies of the world, for example, the US economy, the European Economy, and the Chines economy, they are all failing because they have not established their economic system based on freedom, justice, and equality. The gulf between the rich and the poor in these countries is widening day by day. They are heading towards an economic catastrophe that sooner or later would shatter these economies. If we want to get rid of the danger of brutal capitalism or neo-feudalism, we must rebuild a fair economic system to form healthy political parties, an unbiased educational system, effective healthcare, and social welfare systems. The damage done by the brutal capitalism would slowly recover. Thus we would have a healthy cooperative economy in place that would secure the rights of the people. Conclusion I sincerely hope that this message reaches everyone in the world, people should discuss it with their loved ones, their neighbors, their friends, and their teammates at the workplace. I request you to share this message with your counselors, congressmen, governors, and presidents. Keep on reminding yourselves and your loved ones that we are sailing the same boat if the boat sinks then we all sink together. Heroes, who made history, were the few freemen and women who dared to transform and build regardless of popular opinion. Now, the rest just follow them. Thus, since the beginning of history, few people have dared to unite to change the global path to write honorable history. They have not been afraid of obstacles, opposition, controversies, or death. If a few of us unite and provide the appropriate knowledge, we can be among those a few who will turn the world into a better place to secure future generations. We face an unprecedented threat against humanity. Try to understand the challenge with awareness and high spirit, then contribute positively as much as you can. It is a valuable opportunity to write your chapter of history that is now being made! The clock is ticking, and we don't have time to waste, do something, and participate now before it is too late! This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!
















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

👉Half The US Population is Now Jobless !!

👉Half The US Population is Now Jobless !!






It looks like the plan to implode the US economy and turn it into a despotic Socialist regime is going well. The economy is eating itself. The vicious circle has no end, but the total collapse of the cards house. Nearly half the U.S. population is now jobless. The employment-population ratio — the number of employed people as a percentage of the U.S. adult population — plunged to 52.8% in May, meaning 47.2% of Americans are jobless, according to Bureau of Labor Statistics. As the coronavirus-induced shutdowns tore through the labor market, the share of the population employed dropped sharply from a recent high of 61.2% in January, farther away from a post-war record of 64.7% in 2000. 7.7 million jobs were lost in Hospitality and Leisure last month alone, 2.5 million in Education and Health, with 2 million in Retail and another 2 million in Professional Services. These sectors are unlikely to recover fast and enough to compensate for the job losses of the past month and even less likely to see the same level of wages of 2019. Credit card delinquencies are rising, and retail sales are going to see a very modest recovery because household debt is increasing, wages are under pressure, and most citizens are changing their consumption patterns, looking to strengthen their savings in case another shock arrives. Corporate debt is rising to new records due to the collapse in operating revenues. As such, companies will likely take all possible measures to conserve cash flow, reduce expenditure, and be prudent about hiring decisions. This will lead to slower job creation and investment even once the economy reopens. Tax increases are likely to affect recovery. The government deficit is soaring, with the Treasury looking at $2 trillion of new debt in 2020 due to the measures implemented to combat the economic impact of coronavirus. If taxes rise significantly, what is already a weak outlook for capital expenditure and job creation is likely to worsen. The U.S. has been overrun by illegals, FED debasement of the currency, crushing national, state, corporate and personal debts, the celebration of aberrant behaviors, increased drug use, defunct trade policies, open borders, and political tribalism. The US is in decline indeed. We have major issues with our economic and social structure. Our morals are in decline, and people want to sustain financially robust, but possibly immoral, lifestyles without necessarily having to do the "grunt" work, i.e., the dirty jobs. And our leadership betrayed us, both government and business leadership, by shipping and allowing our technology and basic economic things that sustain us to go into foreign control, much of it in countries much less moral than we even are. So we have spoiled brats running around rioting and looting instead of working together in an equalitarian society. That's more fulfilling to them than doing the "hard work" or believing moral principles that sustain a society, not decay it... And our "leaders" still run things to make it personally profitable for them, obscenely so, while pretending to be acting in the interests of our society as a whole. The President of the World Economic Forum declared this week: "A Great Reset of free-market Capitalism must occur. A fundamental revamp of "all" aspects of human society and industries from gas to transportation to education must be fundamentally transformed." And don't forget a couple of months back when a former vaccine expert from the government claimed that this winter would be our "darkest winter," harkening back to the original Dark Winter smallpox attack simulations of the early 2000s. Our globalist controlled governments and media need to open the economy and stop killing the world's citizens with this quarantine lockdown on the pretext of a cold virus named COVID-19. The masks and social distancing are hurting our physical and mental health, and the damage to the economy is becoming irreparable - food lines are just one of the hundreds of social problems we are creating with these lockdowns. By a thousand times or more, the lockdowns are more deadly than COVID. In other news, the Fed announced that in order to support the ailing restaurant industry, it would begin purchasing 7.5 billion worth of pizza every day. The next step will be hiring nail specialists to polish chicken claws. The Fed needs to stay out of the market. The market is supposed to be a free market, i.e., not manipulated. The Fed has pumped so much money into the market by so many outlets that it is hard to determine what's what with the market. The Fed is interfering with our ability to apply fundamental investment analysis. The FED is picking winners and losers. Why would ANYONE without the inside track have their money in these markets??? This is ALL going to end BADLY for EVERYONE. There is no longer a relationship between the stock price and the overall health of the economy. The value of a company's shares isn't related to the company. It is related to day traders looking for an immediate profit. Stock shares have become the same as oil, where the sneeze of a sheik can send the price of oil thru the roof. The vast majority of citizens have no stake in the stock market. When you are living hand to mouth, investing is an impossible luxury. When this bubble bursts, it will be the biggest economic disaster in centuries. The mother of all depressions is brewing, and the US stock will collapse by 90%. The rise of globalism depends upon our decline. A strong America threatens any possibility of the imposition of globalist controls. American economy must be crushed along with the dollar. Deliberate, of course. Depression v2 is coming, are you prepared? Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, google has demonetized this channel, so now I rely totally on your donations to keep this channel functional, as you know it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The only reason why the Fed is buying corporate debt is that no one else will, and it is the only way to artificially prop up the markets because all these stinkers at some point very soon (probably before labor day) are going to mega tank.The trump economy is totally fake and will have a real correction that no stimulus will be able to fix. Sell your junk corporate debt to the money printing-fed, then use the proceeds to buy back shares. Brilliant. More than one way to keep the stock bubble inflated. There is no free market It has been bought and paid for by our masters. The Markets are now reflecting Government Manipulation to influence Share-Prices to drive up the S&P 500 to influence voters that think a UP Market means Jobs. It is all a bunch of Roguery. Here are some Terms for those that don't understand wall st. : Stimulus: corporate welfare, Repo market: corporate welfare, Main street lending: Corporate Welfare, Junk ETF w/ Blackrock: corporate welfare, Individual Bond buying of major corporations: corporate welfare. The Fed: Plug. This is crazy Corporate socialist cronyism Disguised as A emergency situation to save capitalism. This will turn out great for the fed and the mega-wealthy, but Joe and Jane taxpayer will get shafted with the bill again. The general public needs to demand an end to the fed before they totally destroy what is left of the middle class. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!






















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

👉The Stock Market is a Gigantic Ponzi Scheme Owned by The Fed !!

👉The Stock Market is a Gigantic Ponzi Scheme Owned by The Fed !!







Since interest rates are so low, the only place to make any money is in the stock market. That's what driving the high multiples and the stock market bubble. People have the feeling that the Fed is not going to let the market fail, so they keep buying stocks. This is not good. The manipulation such as the rock bottom interest rates and QE Infinity by the Fed is propping up a market that should have fallen a long time ago. The $2.2 trillion welfare bill to corporations (oops, I mean stimulus) had everything to do with this stock market bubble. Taxpayers got 300 billion of that, but corporations got $1.9 trillion to buy their own stock and pay their CEOs bonuses. The Fed is propping up the stock market. The Fed bought the market. They are now buying stocks of companies to keep them solvent. This isn't good. We are now worse than the Weimar Republic. The market's disconnect from reality, coupled with its irrational exuberance, makes for a decline we have not seen since Herman Minsky's writing of the 1920s. Without Fed intervention, this market probably would have fallen to 5,000. The question is, how long will the Fed buy the market and at what cost. The market has become so divorced from reality that it has entered the realm of absurdity. How can anyone expect a meaningful profit when retail and manufacturing are operating at 25% capacity? Four million people are not paying their mortgages! That's just residential mortgages. The commercial is a whole other story. Consumers are broke. They owe 7% of every dollar earned over the next 20 years to debt payment. It's all bull, and if the virus keeps spiking, lookout. Right now, it's just a short squeeze. It is a toxic atmosphere. All of the fundamentals and natural market forces are thrown out the window. The fundamentals are gone. There is no reason to be optimistic about earning when we already know that businesses will be crippled for many months to come. Earnings for many quarters will be terrible, guaranteed. So that argument that things are already factored in and that the market is an indication of the future is completely bogus. Let's call it like it is. The Fed bought the market, and now you have investors being reckless because they think they can never lose because they will always be backed by the Fed. That's not capitalism at all. That's pure manipulation and speculation. It has nothing to do with market forces and fundamentals. It has everything to do with people being reckless and feeling extremely confident that they can't lose because they will always be backed by the Fed. It's like going to the high roller table at a Vegas casino, and no matter how much you lose, you keep getting credit from the casino and you keep getting comped (free luxury penthouse suite, free food, free drinks, free shows, free transportation, free everything) no matter what. And imagine that the gambler never has to pay the casino back because the credit keeps coming over and over again. You know what that is? That's artificial. That's unsustainable. It can't work in the long run. There always comes a time when everyone must pay. And eventually, we will pay. We will pay. It's only a matter of time before this market drops like a bag of potatoes. Large investors have been holding up the market, so all the useful idiots keep their cash invested there! When they suddenly pull out of a market where there are few companies doing well, and the rest are sloshing along with.Bye-bye market! And with 1/4 of your workforce out of work, the demand side of the economy is crippled, and companies will not hire until they are making money again. If you don’t see the inevitability of the coming collapse, just keep your head in the sand. The Stock Market is a Ponzi Scheme that only Exists to Fool Americans into thinking; All is well. When in fact, it's ALL Criminally Corrupt and about to FAIL, leaving them in a world of HURT with a Failed currency, no food, no safety net, no jobs, and a pandemic to deal with! All Thanks to the Criminals that destroyed the US Economy & Financial Systems by INTENT. Hell is waiting and getting nearer every hour. I think they are going to tank the market in October, just in time for the election. It is almost as if the US stock markets had been primed by Federal Reserve intervention over the previous 5+ years, and someone let the monster out of the cage. The deregulation, changes to tax structures, and general perception of market opportunity changed almost immediately after the November 2016 elections and really never looked back. The Federal Reserve was created as an illusion for the masses. The mega-wealthy men who created the FED realized they would soon own nearly everything of value, so a way was needed to create an illusion of perpetual prosperity for an ever-expanding population desiring ever-more resources. Thus, the FED created to print a never-ending source of imaginary money based on nothing so the masses could continue buying something. That's why it did not matter when the National Deficit hit 1 trillion dollars years ago, nor will it matter when it hits 100 trillion dollars in due course. How can there be actual debt on an imaginary construct? Of course, there are two separate monetary systems: sovereign and mass. We, the people, are all members of the mass. Our dollar debts are actual dollar debts that must be repaid. Not so with sovereign debt. The FED will print; however, much is needed to keep the illusion going. So The US politicians pass an AID BILL, which is to BAIL OUT the STOCK MARKET, with money from the FEDERAL RESERVE, which in reality, the FED is buying up the US while charging the money printed to the US. When a bank issues a mortgage, they charge you to use their money while they are the owner until the debt is paid. The US now owes 26 trillion dollars, But in reality, it is more like 125 trillion dollars, which leaves each taxpayer on the hook for $811,000. This U.S. National Debt consists of: debt held by the public. Intragovernmental holdings, including debt held by Social Security and Medicare trust funds. But it does not include total unfunded Social Security and Medicare promises. The FED was never intended to buy up anything other than the US government's debt. They are a Criminal PONZI Scheme which will FAIL and take DOWN the Entire US Economy with them. All by design. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, google has demonetized this channel, so now I rely totally on your donations to keep this channel functional, as you know it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Currently, the bonds are not paying anything meaningful, so the money is flowing into the stock market. Just raise interest rates and see how fast this bubble will burst. Shower wall street with money. The brokers. CEO's and board of directors and some insiders steal from everyone. Then when the market crashes, the taxpayers bail them. None of the criminals go to jail. The greatest country on earth.But only for the super-rich. Tax cuts for corporations allowed them to buy back stocks, which drove up the values and CEO compensation. In the meantime, many paid zero in federal taxes. Amazon is one example - whereby they profited 11 billion in both 2018 and 2019...without paying a dime in federal taxes. In the meantime, the Feds have been buying the risk repeatedly. And you can't leave out the Feds lowering interest rates four times in 12 months (January 2019-January 2020). Now the rates are nearly zero percent. When you can borrow money for next to nothing and pay no federal taxes, you're going to put that money somewhere - hence stock valuations. Sadly, 58 percent of Americans don't have $400 in savings. Personal taxes for working folks are out of control, as they must pay extra for police, fire, schools, roads, etc., due to corporations not contributing anymore. At the end of the day, consumers are a must - and when consumers have empty pockets, the markets won't be far behind. The Feds can only keep the fluff going for so long. At some point, the piper must be paid. We believe that the stock market will crash a short time before the election. And it might be sooner! Now, we’re warning that this current parabolic upside price trend near the end of Q2 of 2020 could be a massive setup for one of the biggest revaluation events we’ve seen since 1999~2000 ,(the last big bubble). Our researchers believe a shift away from the global financial speculation that has driven a total global asset bubble over the past 8+ years will suddenly shift away from wild speculative euphoria and quickly transition into the realization phase of “uh oh, what have we done.” It is this point that we suddenly enter a financial distress phase where investors flee over-inflated assets to move into risk hedging strategies. Why do you think Gold has rallied to levels near $1800 over the past 4+ years? A certain segment of global investors has already had their “uh oh” moment. The US stock market has gone parabolic because a very unique set of circumstances have come together at this particular time in history. Now, we have to deal with the current and future phases of this cycle and prepare for what’s next. Protect your open long trades and/or take some profits out now. If our research is correct, we have already entered the Financial Distress phase. Q2: 2020 may be the catalyst event, and that is only a few days away. The Criminals that run the US don't want you to have any savings, food, home, health, security of even your Life! The Fed is stealing your buying power. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends! Since interest rates are so low, the only place to make any money is in the stock market. That's what driving the high multiples and the stock market bubble. People have the feeling that the Fed is not going to let the market fail, so they keep buying stocks. This is not good. The manipulation such as the rock bottom interest rates and QE Infinity by the Fed is propping up a market that should have fallen a long time ago. The $2.2 trillion welfare bill to corporations (oops, I mean stimulus) had everything to do with this stock market bubble. Taxpayers got 300 billion of that, but corporations got $1.9 trillion to buy their own stock and pay their CEOs bonuses. The Fed is propping up the stock market. The Fed bought the market. They are now buying stocks of companies to keep them solvent. This isn't good. We are now worse than the Weimar Republic. The market's disconnect from reality, coupled with its irrational exuberance, makes for a decline we have not seen since Herman Minsky's writing of the 1920s. Without Fed intervention, this market probably would have fallen to 5,000. The question is, how long will the Fed buy the market and at what cost. The market has become so divorced from reality that it has entered the realm of absurdity. How can anyone expect a meaningful profit when retail and manufacturing are operating at 25% capacity? Four million people are not paying their mortgages! That's just residential mortgages. The commercial is a whole other story. Consumers are broke. They owe 7% of every dollar earned over the next 20 years to debt payment. It's all bull, and if the virus keeps spiking, lookout. Right now, it's just a short squeeze. It is a toxic atmosphere. All of the fundamentals and natural market forces are thrown out the window. The fundamentals are gone. There is no reason to be optimistic about earning when we already know that businesses will be crippled for many months to come. Earnings for many quarters will be terrible, guaranteed. So that argument that things are already factored in and that the market is an indication of the future is completely bogus. Let's call it like it is. The Fed bought the market, and now you have investors being reckless because they think they can never lose because they will always be backed by the Fed. That's not capitalism at all. That's pure manipulation and speculation. It has nothing to do with market forces and fundamentals. It has everything to do with people being reckless and feeling extremely confident that they can't lose because they will always be backed by the Fed. It's like going to the high roller table at a Vegas casino, and no matter how much you lose, you keep getting credit from the casino and you keep getting comped (free luxury penthouse suite, free food, free drinks, free shows, free transportation, free everything) no matter what. And imagine that the gambler never has to pay the casino back because the credit keeps coming over and over again. You know what that is? That's artificial. That's unsustainable. It can't work in the long run. There always comes a time when everyone must pay. And eventually, we will pay. We will pay. It's only a matter of time before this market drops like a bag of potatoes. Large investors have been holding up the market, so all the useful idiots keep their cash invested there! When they suddenly pull out of a market where there are few companies doing well, and the rest are sloshing along with.Bye-bye market! And with 1/4 of your workforce out of work, the demand side of the economy is crippled, and companies will not hire until they are making money again. If you don’t see the inevitability of the coming collapse, just keep your head in the sand. The Stock Market is a Ponzi Scheme that only Exists to Fool Americans into thinking; All is well. When in fact, it's ALL Criminally Corrupt and about to FAIL, leaving them in a world of HURT with a Failed currency, no food, no safety net, no jobs, and a pandemic to deal with! All Thanks to the Criminals that destroyed the US Economy & Financial Systems by INTENT. Hell is waiting and getting nearer every hour. I think they are going to tank the market in October, just in time for the election. It is almost as if the US stock markets had been primed by Federal Reserve intervention over the previous 5+ years, and someone let the monster out of the cage. The deregulation, changes to tax structures, and general perception of market opportunity changed almost immediately after the November 2016 elections and really never looked back. The Federal Reserve was created as an illusion for the masses. The mega-wealthy men who created the FED realized they would soon own nearly everything of value, so a way was needed to create an illusion of perpetual prosperity for an ever-expanding population desiring ever-more resources. Thus, the FED created to print a never-ending source of imaginary money based on nothing so the masses could continue buying something. That's why it did not matter when the National Deficit hit 1 trillion dollars years ago, nor will it matter when it hits 100 trillion dollars in due course. How can there be actual debt on an imaginary construct? Of course, there are two separate monetary systems: sovereign and mass. We, the people, are all members of the mass. Our dollar debts are actual dollar debts that must be repaid. Not so with sovereign debt. The FED will print; however, much is needed to keep the illusion going. So The US politicians pass an AID BILL, which is to BAIL OUT the STOCK MARKET, with money from the FEDERAL RESERVE, which in reality, the FED is buying up the US while charging the money printed to the US. When a bank issues a mortgage, they charge you to use their money while they are the owner until the debt is paid. The US now owes 26 trillion dollars, But in reality, it is more like 125 trillion dollars, which leaves each taxpayer on the hook for $811,000. This U.S. National Debt consists of: debt held by the public. Intragovernmental holdings, including debt held by Social Security and Medicare trust funds. But it does not include total unfunded Social Security and Medicare promises. The FED was never intended to buy up anything other than the US government's debt. They are a Criminal PONZI Scheme which will FAIL and take DOWN the Entire US Economy with them. All by design. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, google has demonetized this channel, so now I rely totally on your donations to keep this channel functional, as you know it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Currently, the bonds are not paying anything meaningful, so the money is flowing into the stock market. Just raise interest rates and see how fast this bubble will burst. Shower wall street with money. The brokers. CEO's and board of directors and some insiders steal from everyone. Then when the market crashes, the taxpayers bail them. None of the criminals go to jail. The greatest country on earth.But only for the super-rich. Tax cuts for corporations allowed them to buy back stocks, which drove up the values and CEO compensation. In the meantime, many paid zero in federal taxes. Amazon is one example - whereby they profited 11 billion in both 2018 and 2019...without paying a dime in federal taxes. In the meantime, the Feds have been buying the risk repeatedly. And you can't leave out the Feds lowering interest rates four times in 12 months (January 2019-January 2020). Now the rates are nearly zero percent. When you can borrow money for next to nothing and pay no federal taxes, you're going to put that money somewhere - hence stock valuations. Sadly, 58 percent of Americans don't have $400 in savings. Personal taxes for working folks are out of control, as they must pay extra for police, fire, schools, roads, etc., due to corporations not contributing anymore. At the end of the day, consumers are a must - and when consumers have empty pockets, the markets won't be far behind. The Feds can only keep the fluff going for so long. At some point, the piper must be paid. We believe that the stock market will crash a short time before the election. And it might be sooner! Now, we’re warning that this current parabolic upside price trend near the end of Q2 of 2020 could be a massive setup for one of the biggest revaluation events we’ve seen since 1999~2000 ,(the last big bubble). Our researchers believe a shift away from the global financial speculation that has driven a total global asset bubble over the past 8+ years will suddenly shift away from wild speculative euphoria and quickly transition into the realization phase of “uh oh, what have we done.” It is this point that we suddenly enter a financial distress phase where investors flee over-inflated assets to move into risk hedging strategies. Why do you think Gold has rallied to levels near $1800 over the past 4+ years? A certain segment of global investors has already had their “uh oh” moment. The US stock market has gone parabolic because a very unique set of circumstances have come together at this particular time in history. Now, we have to deal with the current and future phases of this cycle and prepare for what’s next. Protect your open long trades and/or take some profits out now. If our research is correct, we have already entered the Financial Distress phase. Q2: 2020 may be the catalyst event, and that is only a few days away. The Criminals that run the US don't want you to have any savings, food, home, health, security of even your Life! The Fed is stealing your buying power. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

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

This is a Recession like no Other

This is a Recession like no Other







Among the business categories, retail stores had the highest number of total closures of more than 27,000. Restaurants had an exceptionally high share of permanent closures, with 53% of the closed restaurants saying they won't reopen, according to Yelp. 41% of businesses have shut down for good during the coronavirus pandemic. As of June 15, 140,000 businesses listed on the Yelp review site remained closed. By far, retail shopping was hit the hardest. 1 in 4 restaurants won’t reopen after the pandemic. Businesses with fixed costs and low margins lose money even with small dips in revenue. That's why the smarter ones have already closed down. Many others will be forced to when the math becomes clearer. Paradoxically all of these happened because we reopened too early. This story breaks my heart because small business owners are the backbone of this country. It shows how things are getting worse. Real Estate is a great economic indicator. 50% drop in sales. It keeps getting worse and worse on business. All my fellow business friends are in deep trouble going forward. Most are wiped out. Most are hoping for another PPP style grant. There will be no returning from this for so many. It's devastating. They'll throw them a universal basic slave income, inside a social system slave score, as long as they do as they're told. Oh, isn't the future looking so prosperous and magical? The concentration of the economy. Destruction of the currency end of the middle class. This should free up more people to riot, loot, and burn buildings down. Its a growth industry. Plus, it is really bullish for the market. Once we settle into an actual depression, the Fed will buy stocks and buy everything in sight. And then they put everyone on guaranteed monthly incomes. People can sit at home, get fat, and buy crap online since the only company left will be Amazon. You may now be able to fully put 1+1 together as to why 1.5 million people filed for unemployment this week. We are immersed in the Second Great Depression, where 1 million job losses will happen weekly into the known future. And we are about to see what happens when two of the most incompetent leaders in the history of the country go head-2-head in the last legitimate election in American history. We are at the start of a great generational depression. Commercial and residential real estate is collapsing as are other big-ticket purchases. When the debt markets collapse from complete absurdity- how many trillions of fiat creation will it take before no one wants them? It's a bad time to live in urban areas. My advice is to prep for winter and moves out. Be smart. Stack cash, stay out of debt, invest wisely, diversify. Patronize your local small business owners every chance you get. Farm Land far away from a major city, livestock, garden, freshwater, guns, ammo, more ammo, likewise neighbors. The cities are done, and the only way they will be able to limp forward is by raping the productive class to try and spread the pillage between the parasite lazy pigs and the parasite government workers. There will not be enough money, and the fight over the scraps will be violent. Only an idiot can't see what is coming in the big cities, and it is not unlike Mad Max. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, google has demonetized this channel, so now I rely totally on your donations to keep this channel functional, as you know it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The cost to service our debt was more than half the GDP for the first time in history. And that was before the current round of money printing. Since we have had a 46% drop in GDP from last year. Now, somewhere around 100% of our GDP (or more) is going to service debt. This will be a ten-year global depression. Deutsche Bank was collapsing last year; they hid the trillions of unfunded liabilities. This did NOT start last September with QE and the FED protecting the counterparty risks. This virus is a perfect cover-up for the GREAT RESET. Next is all digital currency's say bye-bye to paper. It is all about creating a giant shitshow, like tossing a smoke grenade into a crowded room in order to cover their escape. That is what all this is about. Thousands of filthy rich thieving bastards making one last heist and fogging the place up for a perfect getaway. The left is just the most retarded for falling for it so hard, but the right has fallen for it too just not quite so pathetically. The economic Ponzi scheme's final collapse was September 2019 everything since then has been nothing but attempts to distract us from that and kicking that can just a few more times. It's done. stick a fork in it You don't spend like drunken sailors for 4-5 decades (governments, corporations, and individuals), with the Fed rigging things as best they can to hide the real problem of the Western world exporting their own jobs to people that make essentially zero in other nations. Which makes Western buyers feel good because things are a few cents cheaper.And giving astounding school loans for degrees that are worthless, which gives rise to the large uselessness of "staying connected," which has stolen mindshare as to real creativity and real work and allowing the erosion of public education to the point many openly disdain real education - without having to pay for it. But at some point, there is a price for these decades of laziness and misguided action. So with nothing big in people's lives, never feeling a part of something useful and worthy, the least creative and least capable are only able to follow the "it's someone else fault" meme and riot. The final genuflect to the "can't do" attitude. The future is here. Bill is past due and the world's insolvent. Fed is flooding the world with liquidity to mitigate systemic failure. Debt payments of all sorts are being temporarily suspended to prevent the underlying debt from being declared no good and becoming a liability. We have already passed the point where the problem of servicing the national debt can be solved without violating the principles of a free economy. That is to say, for example, through a non-debilitating level of taxation rather than a confiscatory capital levee. Our economy will be forced into an increasingly totalitarian mold, and the freedoms which we are presumably arming to defend will be lost. Financial repression and inflation will lead to the same result. However, this will sustain asset prices. Yet the key element of inflation people forget is that your cost of living goes up faster than your assets go up. It is very hard to believe today that food, rent, Insurance could one day go up faster than your income. Well, that's Inflation. Both income and prices go up a lot! But you'll always be behind. The FED and other centralized banks murdered the free market. Yes, and there is nothing you can do about it. They crapped on rules, hell. They crapped on everything and you and me. They won't let the economy regulate itself. The times of a free market are dead since 2008, but no one talks about that. The media doesn't cover it in the slightest bit. The only shit that will happen is like it happened before. In 2 or 3 years from now, another Hollywood blockbuster, like the big short, will try to explain to the greater public what just happened to the world and how stupid regular people are. 2008 We entered a dictatorship, its dictated that the markets know only one direction, it is UP! We lost a right, and that revoke strikes twice since you and I and everyone with a rational mind know the market should correct in a big matter, and that includes us to make money with the tools we have. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

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

👉Wall Street is Fiddling While the US Economy Burns !!

👉Wall Street is Fiddling While the US Economy Burns !!




With record new cases in major states, the reopening experiment is proving to be a flop. No matter what the Fed does, since we never contained the pandemic in the first place, and most people don't take it seriously enough, we're looking at a long road ahead. A 2nd round of lockdowns very likely. This is a great time to invest. Don't worry about the $10 Trillion on the Fed balance sheet. Don't worry about the $30 Trillion in corporate debt. Don't worry about a possible second wave. Don't worry about permanent layoffs from business closures and bankruptcies. Don't worry about the Shiller P/E ratio at historical highs predicting average annual returns of negative 1.5% for the next eight years with a downside possibility of negative 9% and an upper range of 3%. Don't worry about the $600 billion in annual government interest payments .$27 trillion in government debt. $147 trillion in unfunded liabilities. $40,000 in average debt per student. $3.5 trillion federal government met deficit .$62,000 in personal debt per citizen. Stagnant/declining wages for the foreseeable future. Inflated asset prices. Social unrest. Covid-19. This time is different. Pump up the stock market, so companies can just issue more shares and bonds to get the capital they need near term. FED won't give you the money directly now, but retail or company buybacks will happen down the road in hopes we can get a return on our 8 trillion we have been pumping in markets for the last four months. This is nuts! The Fed and Government will ensure that millionaires and billionaires don't lose a dime...ever...regardless of circumstances and happenings in the economy and that they'll even profit from this crisis. The remaining 99% can eat cake. When you see stories about how we all need to jump into the market, or we'll miss out, you know we're close to the top. Was UBS saying this at the March lows when people could actually get a return on investments? Nope. They just want retail investors to dive in now so that the big boys can start liquidating their positions. The scam continues. Not only are they convincing folks to put all their money in stocks at market highs, but also convincing people to buy houses at extremely high prices just to get a low-interest rate. Wall Street is fiddling while the US economy burns. What is “unambiguous” is the rapid rise of the national debt and balance sheet that the Chair of the Federal Reserve Bank told us not to worry about. Also, companies' existence is not for making a profit, but for creating employment and take assistance from the government. If this is the new paradigm, America is in trouble. It is time to look elsewhere for investment. The government can hype and overlook COVID-19, but more citizens are still getting sick and perish from it. As far as the stock market is concerned, expect it to go down considerably back to normal values, which is far lower than it is now. Take a look at the dire condition of the real economy - unemployment, less cash to spend, and more debt than ever to pay (at private bank interest rates that are frankly morally and ethically unreasonable in the current climate). Get ready for the biggest stock market collapse in the history of trading. Move your capital to safer stores of value now, or you'll probably regret it come winter. The case for "real economy individual debt write-offs" is getting stronger. Helicopter money hasn't saved the day. Now the central bank buy-up of company bonds is getting risky. By putting more money into ordinary peoples' pockets immediately, you'll boost spending and return the world economy to growth, higher inflation, and higher interest rates. Head towards negative central bank rates, and you'll prolong the agony of low inflation and low-interest rates for decades to come, and cause more QE than ever to add debt to an already overwhelmed tax-payer. Take care, boys and girls, this global economic game we are now playing are getting very dangerous. There is very little room for error now. It would be sensible that volatility in the market should continue for quite a while. When someone looks at the crazy debt situation, so many corporations are in, it is clear that they have been mismanaged. Why? The real goal of the board of directors and top executives has been to increase beyond any reason their personal compensation. If it took "destructive capitalism," fine, it took borrowing against the corporate assets, fine. Now earning is down and will be down. Who is really buying? The millions that are out of work, many permanently? This is a global problem. Those who fail to remember the past. Meanwhile, the very rich/elite/corporate causes of these economic troubles continue to cash out. There is no personal responsibility if a business is fraudulent, poorly run, or simply has assets sold a little at a time. Ultimately, it is the common shareholder, the citizen with a retirement fund/plan, or the community that suffers. This virus, or another, will come back. This is also another history lesson. It has been since 2008 since I have played at the stock market casino. It still has terrible odds. Pump up futures, drop at open, buy the dip. Same story every day. Day action will see at least 2 to 3 dips with BTFD, and the last 15 minutes will be based on leaked news, possibly for the next day or overnight. No, if we only could all make money on this pattern. Only 30 % of Americans have stock, but Trump is pumping trillions into the market to keep 30% whole and the heck with the 70% that will pay the debt. Trump is playing the masses. The vast majority of people have little to nothing in stocks, and the vast majority of stocks are owned by the wealthy, so propping up the markets isn't as relevant as an income, healthcare, and job security to most. Forty million unemployed Americans during this crisis. You think they'd rather have a job or the stock market propped up? Sooner or later, the Fed money mill will have to stop. And it's getting sooner each day. We can't be adding trillions annually to the debt. Nobody will buy bonds at negative interest rates. All debt earns interest, and we are nearing the end of our debt financing limit, especially with $27 trillion of debt. We may never pay off the principal, but interest payments must be made. At just 1% interest, that is $270 billion in annual interest payment alone, which will eat tax revenues. How is the Fed going to make up for double-digit unemployment and less money flowing into the economy? This is so stupid. This market is also a bubble from the Trump tax cuts. Same stagnant growth, but the market doubled. If the market sees Biden winning and those stupid tax cuts being reversed, this balloon is going to lose air quickly. The more money the Fed pours into the markets to hold them up, the less your money is worth. There is no happy ending in this for you. The Feds have declared it a Christmas market all year. They just keep pumping the market every day. It goes up every day, and you believe that this is just business as usual when all brokers are screaming somethings wrong, and half of the brokers are cashed out. The big drop is coming soon to pay attention to people. The Fed can buy as many securities as it wants. But that won't overcome the fact that consumers have stopped spending. All that will end up happening is they will drive the prices to heights that are so divorced from the underlying earning that when the bubble pops, it will be the greatest crash of all time. The stock market is NOT the economy. It barely counts as an indicator. The Feds dumped Trillions into the stock market to boost it. With 30% of Americans skipping/missing their housing payment. It did nothing for people that have to work for a living. It was completely unnecessary to float Trillions of dollars directly to business owners. If those same dollars had been given to workers and the unemployed, the economy would get by just fine. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. Thank You. Ever since Greenspan, there has been a ferocious expansion of credit and/or printing of money. It is a fools' errand. The bond market has been predicting deflation/stagflation for 20 years. Consider Real Estate: when GIs came back from the war, they paid no more than $10,000 for their houses. Those same houses go for $500,000 or more. Those houses are not 50 times improved. Since Greenspan, our dollar buying power is 1/4 or 1/5th of what it was. This is false prosperity. The longer we put off a price adjustment, the harder, the longer it will be. All this money is pumping up asset prices/profits that must fall. The Federal Reserve is the pump that powers Trickle-down economics. Another stimulus is coming. A couple trillion dollars to the rich and their corporations will pump that market up big time. Once the stimulus stops and the bills come due (either as more taxes or devalued dollar), the party will be over, and most likely, it won't be the rich fat cats who will lose the most; it will be the little guys who didn't see it coming. Trickle-down economics has never, ever worked and never will. It is a theory that has been thoroughly busted and debunked based on real-life experience, and it should be relegated to the dustbin of economic history. Dumping large amounts of cash into the hands of large multinational corporations and expecting them to act as conduits for the cash to flow down to the middle class and the poor is ludicrous. Every Republican President, since Reagan, has subscribed to this theory, and the middle class has been shafted each and every time. Trickle-down economics is a smokescreen for keeping the wealth of this country in the hands of the very few at the expense of everyone else. Workers need to wake up and realize that they have power, the power of their sweat and labor. Unions served a purpose once, and the time is ripe for a resurgence of the labor movement. This is not news. This is the problem with Fed policy for 12 years or more. Using the usual Keynesian policy that is government policy, the Federal Reserve assumed the trickle-down approach would work. Keynesian economics always requires trickle down. In this case, it is not working. Companies know that they are not compensating their employees enough to allow them to generate demand as consumers. They have no illusions about the future. The business executives know that employees as consumers are constrained by the amount of debt they can get to generate effective demand. If there is no demand, there is no reason to expand production. There is no reason to invest in real plant and equipment. Low-interest rates and plentiful credit availability are too good to waste. Since the executives are rewarded for stock price increases--and there is no way to generate stock price increase the honest way through production; the executives buy back the company's stock with cheap money. The Federal Reserve and the Federal Government are stuck between a rock and a hard place. They cannot let stock prices fall for one reason: Boomer retirement. Pension funds and 401k funds would be devastated if stock prices fell to their true value. We are witnessing the total collapse of the Keynesian economy. We are witnessing demand destruction. We will soon witness the loss of control by the Fed and the destruction of the US dollar. Enjoy the show. The Fed might keep pumping for several more months. I think Trump wants a record high (which has no connection to reality, but either does Trump, so there you go). The market will drop pre-election, maybe by Labor Day, maybe later. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!





























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

👉Mohamed El-Erian Warns We have a distorted Zombie Market ,The Economy is in a very deep hole !!

👉Mohamed El-Erian Warns We have a distorted Zombie Market ,The Economy is in a very deep hole !!




Today we have Banks that trade government bonds rather than lend to business. Corporates see more value buying back their shares than investing in their businesses. The distortions are enormous. And it’s the central bank that did this because its tools are wrong. The monogopolies are controlling everything. These moted aggregates will charge everyone what the market will bare, this racketeering and ability to blackmail communities and control labor is the economic separation point between those who work as the management of these aggregates and those they dupe and call associates, who are living in an illusion of austerity, masked by a litany of corporate euphemisms. The level of debt is unpayable. China and the US are no longer trading, and China isn't lending the US any more money. I strongly suspect we will be at war with China before very long. These "cyber" attacks are being blamed on China as well. If people don't know the game is rigged, then they haven't been paying attention. The Stock market now is pure speculation and gambling. The fall is going to be epic and breathtaking. The harder you push something up the hill, the faster it rolls down when the support gives out. This is a copy of the DotCom Bubble except on steroids. Dollars stopped being money in 1970. Since then, they have been toilet paper. Albeit toilet paper in demand. When the demand for US toilet paper disappears, the markets will stop going up. Debt Clock at $26 Trillion plus!! Eventually, the FED via Blackrock, Goldman and JP Morgan will own everything. Centralized Confiscation and Consolidation through Counterfeiting has never been easier!! In a recent interview, Mohamed El-Erian, the chief economic adviser at Allianz and the former CEO of PIMCO and author of The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse. Mohamed El-Erian, the chief economic advisor at Allianz, explained that the stock market is in a "win-win" mindset as the Federal Reserve provides the continued stimulus. He warned of distorted "zombie markets" and explained how some sectors would benefit while others will miss out during the economic recovery. Mohamed El-Erian has had an extraordinary career as an investment analyst, investor, and market commentator. Widely regarded as one of the most astute observers of global economic trends, Mohamed El-Erian is famous for having coined the now-ubiquitous phrase ‘the new normal.’ Five years ago, he was worried that the global economy might take years to regain its footing. Now El-Erian worries it could fall off a cliff. Beware not just of “zombie” companies but of “zombie markets” as asset prices become distorted and detached from fundamentals, he warned. And that he is rather skeptic about the recovery. It will be a long and rather flattish recovery. And we have to understand that we're going to come levels that will still be eye-popping notwithstanding really horrible not as we've seen so far. So we are going to be in a very deep hole. And unless we get policy accelerators, it will take us quite a long time to get out of it. They are going to be a very wide range of winners and losers in this economy, not only among companies but also unfortunately among people with the most vulnerable segment is most at risk. We've got to address productivity. It's about infrastructure. It's about retooling and retraining of labor. We've got to address household economic insecurity. It's about better safety nets. And then we've got to do something about globalization. It's one thing to de-globalize. It's another thing to de-globalize in a disorderly fashion. And he added: I think companies are not coming back. We're going to have, unfortunately, lots of bankruptcies. Once a liquidity problem becomes a solvency problem, you cannot reverse it that quickly. Certain activities that happen to be very labor. Intensive hospitality is very labor-intensive, is not coming back. Then you have existing companies that are now no longer talking about resizing. They're talking about wide sizing. And most of them, unfortunately, wide sizing means less labor. So existing companies will also be shedding labor. And then the sectors that are going to be really favored in the next couple of years. Other than health care are not that labor-intensive. So I worry that what started out as furloughs now becoming short term unemployment may become long term unemployment, then people dropping out of the labor force. And that is problematic both from the supply side and the demand side. That's why I keep on saying it's really important to identify likely trends and do something about them now because none of this is predestined. We have the tools to address these things, but we have to change our mindset.f the FED continues doing what it's doing, it will become a big part of the problem. All that the FED can do is ensure financial conditions that encourage risk-taking, encourage companies to borrow. Why the hope that the more risk we take, we boost up asset prices. The more we boost up asset prices, the better off we feel, and the better off we feel, the more we consume, the wealth effect. And then on the other side, the hope is by making bond financing really cheap, it will encourage companies to borrow in order to invest. But what we've discovered is that when that happens and the underlying economy is not fixed. Companies borrow for debt buybacks, for stock buybacks. They borrow for financial engineering, basically. And people take on too much risk. And you don't get to the real economy. So you boost asset prices. You boost debt; you boost everything financially. But you don't get through to the economy. That is the way that the FED is constructed. It can only go through asset markets. So you need entities that can actually address underlying productivity and underlying demand. It is local government. It is the state government. It is the federal government. It is also collaboration with other countries. Even though we've got de-globalize, it doesn't mean we turn linkages with the rest of the world off completely. We're still going to have supply and demand linkages. They'll be less pronounced than they are now. It's also companies role. I think one element coming out of this crisis is greater social responsibility. And companies realizing that they have a role to play in making sure that we have more inclusive capitalism. The markets are not the economy, Mohamed El Erian explains. It's not about companies. It's not about the economy. It's about a backstop. It's about the confidence that someone with a printing press in the basement. Massive willingness and ability to support financial markets, as they have done for the last ten years, will continue to do so. So if you're an investor who's willing to embrace this moral hazard, if you embrace it, you end up with this win-win mindset. I win if I guessed correctly about the economic recovery. And I still win if I guess wrong because I'm going to be bailed out. And the minute the FED went into the high yield market, and the FED said, I'm willing to take on default risk, I'm willing to take on capital impairments. In the marketplace, the difference between high yield and equities in the capital structure is not that big. So the mentality of the market is, well, if they're willing to do high yield, they'll be willing to do equities, because after all, the last thing the FED wants is a financial crisis to make the economy worse. So the market feels very strongly that it basically is holding the Fed hostage. I tend to agree with El-Erian. We are all fed up with the fed inflating asset prices and contentiously distorting markets and causing capital misallocation. The global economy is now run largely by unelected central banks. Elected governments are failing in their basic job to take care of the economy and why this might lead to a massive unmanageable crisis. The bankers are global. They force the entire world to work for their hyper printed worthless banknotes TO STEAL EVERYTHING. It is all of us serfs vs the fake money cartel. All money backed by violence; Serf or die. Mohamed El-Erian knows the global economy as an investor, a public servant, and as an analyst with a rare ability to grasp its essentials. He has an urgent message to convey here: Central banks cannot continue to carry the global economy on their backs for much longer without a high risk of a very bad global outcome. If he’s right—as he has often been before—all of us, governments, business, finance, and individuals, need to understand why and how to take evasive action. He is right that The central banks, led by the Federal Reserve, have been misguided in pursuing very low-interest-rate policies. They have flooded the global economy with liquidity, subsidizing borrowers, and starving savings. The result is a serious tilt away from capital investment in their attempt to prop up failed fiscal policies. Rising interest rates would have a positive effect in changing attitudes to future growth. Central banks are forever fighting today’s war with yesterday’s weapons. Every recession is different, and central banks have to worry and flail their way back to a smoother ride because this time is different. We’ve seen money supply tools come and go, interest rate tools lose their impact and, of course, regulation all but disappear. The current tool is QE, necessary because so much of the money supply is beyond the control of the Fed. It will probably prove outmoded next time. The governments should reject the financial engineering that has opened gaping holes for big finance to exploit, and instead focus on economic growth policies so the markets will respond (more) rationally. But while economists and bankers argue about the significance of cyclical and secular drivers, they’re still in little enders vs big enders hell. The view from above is completely different. Until and unless political leaders rein in the banks’ ability to create money at will and grow too big to fail, this period will continue. And central bankers will not have tools to do their job. The Governments haven't got their act together in the years since 2008, and it's hard to see anything that's moving in the right direction. The EU is still a mess with little solved in the Euro area, Britain is preoccupied with Brexit, Japan have made much more progress with the funny money leg of the three policy changes and the USA face a farcical Presidential election between two of the least trusted candidates that have ever stood. Geo-political tensions are growing, and it's hard to imagine that social unrest won't rear up in country after country. Take away the Fed and the markets crash. Zero interest rates and record amounts of debt will be catastrophic for the main street. The economy is on life support. There's absolutely no need for the Fed to be involved in corporate financial asset markets, and they should stop manipulating the free market mechanism. There's plenty of money on the sidelines to buy distressed assets. It's just a matter of price. The Fed prevented the smart and prudent investors from profiting from the folly of the speculators in the shadow banking industry. These people got a crony capitalism bailout from the Fed, which prevented them from losing trillions of dollars to the benefit of other investors. It's actually very disturbing because the Fed doesn't have the mandate to do that type of intervention. Money cannot be printed. Only FAKE money can be printed. Money can only be minted. The money is fake & you are just making the money printers richer. Buy long-life shelf food & panic hoard like the virus is serious! Who knows what $100 will be worth in 3-6 months. The fed has created trillions out of thin air for endless wars MIC corruption and to make the stock market feel better. Only ever out of money when deplorable need something. Money printing only works if you can skim off a part of it while keeping it scarce for the 99%. Hence, asset inflation combined with high and rising costs for things the 99% must buy, sold by the 1%. Open borders for the purpose of the lowest costs possible aid with deflation while keeping cash out of the hands of the 99%. Artificially low-interest rates close the loop on why inflation is invisible except for asset prices. Working economists ignore all of this. Low-interest rates are always associated with tight money. This is not necessarily causative directly, but the FED control of interest rates by being the buyer of bonds hampers economic activity by penalizing capital. So the income stream which would normally come from capital is cut off and does not go into the economy. Also, the liability side of a balance sheet is impaired since debt becomes more expensive to discharge, and only companies that engage in fraudulent accounting like Amazon and Tesla are rewarded. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. Thank You. Anyone remember 1999 into early 2000, and what happened afterward? I do, and this is even crazier. Be very careful right now. The stock market and the real economy have never been more disconnected. Today there is no difference between trading and speculating. Investing is at a whole different level. It means you are fully behind someone's plan and ideas, you believe in them, put your skin into them, and expect a return. Most of the people today are simply speculators looking for a quick buck. That's not how this country was built! Today, trading and investing are almost mutually exclusive. Trading has taken over the day-to-day market, leading to extreme volatility (wild swings, sky-high volumes, etc.) that we have been seeing since the closing stages of the last recession. Today’s trading is largely controlled by the “smart” program trading, driven by sophisticated algorithms (Math/AI models). Generally, 30 to 50 major financial services companies (hedge fund, brokerage, private equity, etc.) heavily depend on smart program trading. These models decide the daily swings of the market. Just wait for it, the dollar will collapse in due time! The stock market is rising because the US government keeps injecting more and more cash into it. What does that sound like? Well, ask Bernie Madoff. Amazon is making money finally thought its stock had always risen even when it did not make money. But now it is making money, and what are people using to buy from Amazon? Credit Cards. Credit, which is Debt to the cardholder. Higher credit card debt? Yep and Amazon are one of the biggest debt makers for the American People. You do not use cash at Amazon. What people need to understand is how this is all of a piece. The stock market has become another tool of the rich elites to skin money of the middle class. The middle class, in order to take responsibility for their personal retirements, pay into the stock markets. In turn, the rich elites, by creating a huge stock market crash every decade or so, then hoover up these stocks at much lower values! The historical cure for uncontrolled debt, scandal, massive corruption, and Palace intrigue is and has always been War. While the peoples of the world protest heavy-handed oppression by authorities, nations have been busy and very quietly allying and preparing for conflict. Many of the weapons being rolled out are particularly terrifying and devastating, but no one is paying attention. Great Empires blinded by arrogance have rarely anticipated their own downfall even though all the indicators were in plain sight the whole time. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!


















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