👉A Financial Catastrophe is Unfolding. Money Printing can't Create Economic Growth !

👉A Financial Catastrophe is Unfolding. Money Printing can't Create Economic Growth ! Debt is more addictive than opium. The United States of America is high on mountain of Debt and unfunded liabilities. A Financial Catastrophe is Unfolding. The economy is addicted to government bailouts. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom. We have created the weakest economy in history, goosed by the biggest borrowing in history, increasing government spending more than ever, and running the biggest deficits in history over 3-4 trillion. We now sit at an all-time high in income inequality. With six people control more wealth than the bottom 60% of all Americans combined. We have an unsustainable economic model. Our road infrastructure continues to crumble, but our taxes keep on increasing. Low rates are killing both generations. Boomers are losing wealth, and millennials can't build it. Factories are not open. Car manufacturers are still only at 40%. Unemployment remains sky-high; the threat of a fresh wave of layoffs is rising. The government is lying about true inflation and unemployment figures. The books are cooked. We still have around 40 million unemployed. The pandemics severity turned a daunting task into a notional disaster leaving nearly 200,000 dead and 40 million unemployed, ratcheting up spending and American debt by $5 trillion. The market hasn't been a reflection of the Economy for years. , , We have today the Biggest stock bubble in history. The market capitalisation-to-GDP ratio in the US is just shy of 200 percent. The S&P 500 companies alone are worth about 30 Trillion, or 150 percent of GDP. Tesla is priced as if it is going to sell 100% of all the cars and solar panels on the planet next year. There are zero reasons why the NASDAQ can reach all-time highs In the midst of a recession and a coming depression. The only thing keeping this market going is there is no place to put your money to get a return. This is all a result of the Fed's zero interest rates. The stock market bubble may have started popping. The air could easily be coming out of this bubble. We’re down 10% on the NASDAQ in three days — three trading days. How do you know we won’t be down another 10% in the next three trading days? You don’t. Now, it could come back. Yeah, of course, the stock market could come back. This is all the Fed's doing. They have conditioned a whole generation that the Fed has their backs and that bear markets no longer exist, so just buy the dip. The Fed has got the market’s back. The Fed is the market’s friend. In fact, the Fed is the market’s only friend. The Fed is the only thing the market’s got going for it. Our nation's economy is NOT going to recover within our lifetimes. Our Nation and our Economy, unfortunately will not survive as we have known it to be in the past. It is way too far gone now to Recover. Federal Debt, Corporate Debt, Consumer Debt, and Student loan debt are all at record highs and still growing. There is NO WAY Out of this mess we have created for Ourselves. Equally sad and upsetting is that we a rapidly heading in the wrong direction towards becoming a Third World nation ,where we turn upon one another like uncivilized mobsters in our future Quest for Survival of the Fittest of our species and relentless misery and suffering. Not only the USA are a divided moral trainwreck internally, but they recklessly destroyed the balance of the rest of the world by imposing their domination on the cultural and economic fabric of most of the world, and very often through the force and threat of their military. The era of globalization in the US started with Woodrow Wilson, WWI, and the Federal Reserve. End the Fed. End foreign entanglements and bring our troops home. The present world crisis seems to be spelling the beginning of the end of Pax Americana.And may hold untold other major readjustments in the international division of fiat currency and world power in store for the future. Knowing what the future holds forth for us is a Curse because regardless of how much we know with 100% certainty, we cannot change what is coming. Whatever happens, the 1% will still rule, and the 99% will still be the Sheep. Time for the sheep to break down the fences and escape into the larger pasture. The future's so bright, you gonna need sunglasses! Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely 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 European Central Bank will lower rates or announce more QE tomorrow. Those central bankers stick together. They all believe a weak currency is good for a nation. The race to the bottom continues, who will be the final winner in destroying their currency completely. "Central banks are made up of bureaucrats and academics who do not know what they're doing. They do not know how markets work. They don't know much about the real world. These guys can't save the world. All they want to do is save their jobs.” - Jim Rogers. The Central Bankers are trying to save their jobs, not the economy.They are trying to save their job at the expense of everyone else’s job. They work for the government. They are employees. They only answer to the voters. If the voters are angry, they vote them out of office. So, they don't care about the economy. They will print trillions of dollars, even if it means it's going to kill the US economy. As long as they get re-elected this coming elections. They don't care about the US or voters, only in keeping their positions of power. They know exactly they are merely carrying out the agenda set by their owners. This is the only to save their jobs. The owners of central banks do not set up central banks to serve you or me, but themselves. The ultimate objectives of owners of central banks are owners of everything (tangible assets, productive businesses, lenders/creditors). Look around; this is playing out right now!! Eventually, loose monetary policy will damage real savings to the point that the economy can no longer sustain sufficient economic growth. At that point, it will become clear that money printing can't create economic growth. The fed keeps printing money, which lowers it's valued and will eventually crash entirely. Precious metals are free from this because you can't just magically create precious metals. That's what makes it the best currency. At some point in our future, the US dollar will be an irrelevant currency, while precious metals will still have value. Zimbabwe is where all this printing will go. The system we know today is only about 100 years. History will repeat and a reset. "The dot-com bubble that formed over five years was fed by cheap money, easy capital, market overconfidence, and pure speculation" - sounds like history is going to repeat again. This cannot be permanent. With every fake dollar printed, it dilutes the value of all the rest of the dollars in the system. It's like a bartender who adds just a tad of water to the alcoholic drink. He starts out with a teaspoon at first, then goes to two, then to three, but there is some point where the purchaser of the drink wakes up and says: what the hell? This is nothing but water; then hell breaks loose. The central banks have to keep pumping up the markets. Fed Will prop up the Stock Exchange with the last drop of the blóod. When asset prices collapse, so does the financial system when bankers have been lending to inflate asset prices. Kamikaze! What the individual American has to realize is that the policy of inflation makes it impossible for him to organize his working, earning, spending, and saving in such a way that he could provide for the future of his family. This is why the inflationary policy is the most radical revolutionary institution in the world. — Ludwig von Mises. The solution is to be out of debt. With no debt, you have a lot of options. To get out of debt, you have to forego a lot of stuff that your peers have. Do you really need a $5 cup of coffee every morning? that is $1250 a year. How about all the streaming services? That brand new fancy car? Luxury home? No, those are wants, not needs. Focus on your needs and less on your wants to get out of debt. Once there, do not go back into debt. Then you will be fine. Take responsibility for you're own health. Strengthen your ur immune system. Change your mindset! You can be prosperous amidst chaos and confusion. It's your choice. Don't wait for the government to give you handouts. Read between the lines. Do your own research and find out who's telling the truth. Stop spending money on meaningless things that are irrelevant during this time. Take your money, save it for just necessities right now. Regroup and understand how finance works. Re access to your finances and start over. Become creative; use your talents. Good idea to look into asset management, away from industry work and more IT work. Dig deeper, stay safe. 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

👉NYC Real Estate Market Crash , Retail Rents Plummet, Shopping Districts Turn into Ghost Towns.

👉NYC Real Estate Market Crash , Retail Rents Plummet, Shopping Districts Turn into Ghost Towns. New York City Commercial Real Estate Sales Plummet 54% To Lowest On Record. News has been out for months. New York and other megacities like London, Dubai, Singapore, etc. are emptying up. They were too expensive to survive in, but once the pandemic hit, many more started leaving due to job losses and lack of incomes. As a double whammy, almost no one is coming in. And no Giuliani is coming to the rescue this time. This crime and anarchy driving people out of town are what happened in New York City, the 1970s and '80s. This time it is different. New York is a centralized concept; its entire reason for thriving is the need to be near the beating heart of money. But in the Zoom era, location means zip. The city as a target-like concentric fortress of location as capital and coolness is going the way of the dodo. Terminal velocity decline. You'll soon see rampant crime, drug use, corruption, murder, prostitution, kidnapping, hijacking, garbage and graffiti, and feces all over every surface. New York City commercial real estate deals have hit a brick wall as the pandemic continues to roil the local economy. According to the Real Estate Board of New York, investment sales dropped by a 32% drop in transaction volume and a 54% plunge in total consideration compared to the first half of 2019, and a record low since the Real Estate Board of New York began reporting the data. Apartment buildings suffered the biggest drops in prices, at 50% on average. Offices and hotels saw decreases of 28% and 37%, respectively, while prices for retail properties were flat. And just wait until the derivatives on all that overpriced real estate start (not) getting settled. Take 2008 and add a couple of orders of magnitude. Keep in mind; some pre-COVID 2020 deals are in that mix. The carnage is actually great. Next, most properties have mortgages, and many cannot take great hits to the price - without having all the equity wiped out. These buildings are heading towards foreclosure. Foreclosure for larger pieces of real estate is very different than losing your home. The lender has the right to appoint a receiver and essentially take control of the asset. The borrower loses his financial right to the building fairly quickly. We were top of the market in pricing before COVID hit. And New York was top pricing in the United States, along with the Bay Area. Really expensive real estate, even in the boroughs. COVID will perhaps have a permanent mark on New York, combined with very ineffectual leadership, the city is in steep decline. Cuomo and DiBlasio have stuck the knife so deep into New York it may never recover. Demographics mean the next mayor will be worse than DiBlasio, as hard as that is to believe. Detroit is going to look like a paradise compared to New York if something doesn't change soon. Maybe we could sell it to the Chinese or the Saudis and at least get some law and order? Why does anyone want to live in the largest concrete jungle in the world, where everything is closed, and there's nothing to do. And the risk of turning a corner only to encounter a violent mob, with no police presence to protect you. Once out of that dump, people will not go back. You can buy a crap ton of land up in Montana and live nearly dirt cheap with your own runway! There's a lot of people who live in New York, simply because they live in New York. They don't even consider how much better off they would be somewhere else. Once they leave and experience an instant standard of living boost, they're never coming back. New York City is no longer fun, no longer safe, and it is dirty. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Big cities are overrated, and people shouldn’t be living in squabbles. We don’t have a land issue in America. What we have is people who think they need to live in a big city because of the overhype, and that’s why 80% of the population tries to live in 10% of the land near the coasts. Time for these people to get some fresh air. Who wants to pay millions for an apartment with human feces on the sidewalk? Maybe the grit was interesting when there were culture and shopping around, but it’s not so much anymore. It’s just a third world hole. They got what they bargained for. It’s the height of hypocrisy that they’re abandoning the shot hole they created. It was fine as long as their money insulated them from it, but now that even their gates can’t keep the garbage out and it’s their lives being affected rather than just the middle class, they’re all out of there. Overpriced, overhyped, and overcrowded, and it's not just New York. It's big cities across the country. Ten grand a month apartment rent. That's probably nowhere near the high end either. It's all just too much. People are moving out of big cities, and the monthly cost is only part of the reason. New York Is Dying. Manhattan Becomes A Ghost Town & Will Never Be The Same As Before Corona Virus. High taxes, crowded, smelly rat-infested streets, riots, and COVID. I can see why people are bailing en masse. That apple is rotten to the core, and I'm pretty sure it will ruin the whole barrel. Wealthy People Are The First To Flee While the Poor & Homeless Remain Behind. Tens Of Thousands Of Job Cuts Expected In Public Jobs; Hundreds Of Thousands Jobs Lost In The Private Sector; Iconic Restaurants, Hotels, Bars, Theaters, Bookstores, and Gyms Closed Permanently. 13,000 Apartments Are Officially Empty. Governor Cuomo Pleads To The Elites To Come Back By Saying “Come Over, I’ll Cook”; Relocation Companies Are Very Busy; Crime Is Completely Out Of Control; Largest Retailers & Smaller Ones Are Shutting Forever. What's gonna be really hilarious is when New York counts it's tax bills in the next few years. All those people are fleeing the city and telecommuting. Soon there won't be anyone left to tax, and the unconstitutional attempts they'll obviously make to tax telecommuters across state lines will be struck down in court, leaving them cash poor and in debt to the ceiling. The Parade of Horrible is about to begin. Expect every effected property owners to march on the New York property tax assessor office and demand a reduction in assessed valuation. New York is in a tailspin, and we can only hope the whirlpool takes mayor down the drain and into the sewer where he belongs. The mayor of New York City gets credit for all this. Many people are leaving the city and relocating to Las Vegas. Low real estate taxes and zero income tax are good. Crime is well controlled by Metro, which is what the local police are called. Ask OJ Simpson. You commit a crime; you go to prison. Folks are moving to places like FL, TN, etc. where their tax burden is actually lower. Detroit went bankrupt when the Unions destroyed the industrial base. People left because of the jobs left. People would live there if there were jobs & the streets got cleaned up. New York is going bankrupt because it cannot provide for itself and taxes the daylights out of anyone that even thinks about the "Big Apple." There is no industrial base. There is no financial base. There are zero reasons for anyone to live in New York except for the Disney World experience, all sales with just enough wow to keep you interested. Most of the residents today were not born or raised in the city. They have no roots in the city. Keep in mind New York was starting to losing the population before all this happened. The city is also run by left-wing wackjobs. There is no Rudy Giuliani or even Ed Koch, Hugh Carey, to look for leadership. Plus, technology has changed everything. If this was 1986, sure New York would come back, there was no choice, people had to work in the office. But today jobs are moving south - North Carolina, Nashville, Florida, and Texas. San Francisco is one of the most expensive places to live, New York is second. People are piled up in multifamily households all around San Francisco and New York. Work from Home has made that an impossible situation. You can't work from home with rowdy flatmates. So off into exurbia you go. Don't pay rent, collect bonus unemployment, don't renew the lease, have a downpayment for a house after 4-5 months of you and partner saving hard. Then move out to exurbia at a low cost Midwestern or Southern state. The gain in productivity and the drop in employee costs are driving this. The employer sees 13% productivity gain, 4-7% of costs from real estate disappear, the employee sees no more 2-4 hr commute, $2k to $8k of costs cut. Moving out of high tax high rent city to exurbia with a mortgage cuts housing and tax costs by 1/2 on average; And up to 60% for many. It means an entirely different future. Hard for folks to willingly commute back to the office when crime proliferating all over New York, including the subway, even during working hours. Homeless encampments all over and crammed in hotels in tony neighborhoods is something right out of escape from New York. People are also recouping commuting time /costs and enjoying that spent with family. Heck, even sneaking a beer during the day and not having to get dressed in work clothes and groom will be hard to give up. Who wants to go back on the subway with homeless knifing you, and no police presence? Guaranteed that anything less than murder will not have a response. Zoom and other remote connectivity get companies 80% productivity (maybe more). Who wants to be forced to shoot the s at the office in the name of team building and camaraderie if you can show up to work in your underwear and still get the same work done? Add to all these closed food spots where the lunchtime crowd would go, and there is zero incentive to get people back into buildings. Work from home. Put a fork in them. They’re finished. You can now work from anywhere. Meaning you can move to Florida or Tennessee (etc.) and save a whole bunch of money in taxes. Probably why in the suburbs in Tennessee, the property values are UP. COVID is the new normal. Social distancing. Distance learning. Remote Working. We have been freed, and we are not going back. Not going back to commuting. Not sending our students to be indoctrinated in an environment where you are introduced to drugs and social bullying. New York will become another Detroit within 15 years. City services are terrible. Violence and safety are notably worse. The NYPD is becoming toothless lions because of the administration. Education and all city services are quickly becoming desperate. Once Wall Street becomes totally computerized, and the money is gone. Say goodbye to the greatest city in the World. The Pandemic is only part of the problem. The other half is soaring crime, rioting & arson. No working-class person wants to put up with angry mobs and soaring taxes. New York already had an Exodus problem prior to the Pandemic. It just speeds it up a great deal. Move over Detroit and Baltimore, New York is going to join you! 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

👉China Threatens to Dump US Debt and Crash The Dollar

👉China Threatens to Dump US Debt and Crash The Dollar






China wants to sell 20% of its US treasury holdings and threatens to sell all of its holdings in case of a military conflict. Twenty percent that's around $200 billion. We generate that kind of debt in about a month these days. Can’t blame them. The US is a bad investment. And we’ve printed enough currency to make their holdings worthless. The Fed and other central banks will mop up the treasuries in an afternoon. We've thrown 6 trillion at the virus this year alone. But if the rest of the world senses China is dumping treasuries, then they will likely follow suit. The last one to leave the table gets stuck with the check. So billions can become trillions dumped. Yes, the Fed has monetized three times as much debt as China holds in the past three months alone. But no commercial banks bought the debt, and the FED created bank reserves in exchange for the treasuries. This was not inflationary, but if China sells 1 trillion, you can't give them bank reserves, which can create huge problems for the US. In the last few years, Russia has quietly dumped almost ALL of its Treasuries. Russia Tapered back US T-bond holdings and bought gold and other real assets with the proceeds from the sales. This is the other shoe I've been expecting to drop. It will be the rest of the world that finally brings fiscal discipline to the FED with a monetary "vote of no confidence." If this happens with gusto, the USA is screwed. No need to bother with an armed conflict in the South China Sea, the Mid East, or Eastern Europe. China has been steadily diversifying out of dollars into other currencies, hard assets, and gold. That trend will continue as the dollar reserve status steadily erodes. China is now the world’s biggest consumer and producer of gold. They will spend their fake fiat dollars to buy real things. The Chinese are already buying up the world, in Africa, Australia, Canada. They have been buying farmland, real estate, mines, and businesses around the world. They've been buying gold for the past decade. They've bought gold mines and mining companies. Divesting of the treasuries was expected. China was already gradually selling these securities. Another positive step in the decoupling process. Likely China's sale of Treasuries will consummate decoupling that's already underway. The assets China wants to buy from the US are prohibited for sale. The US is expropriating Chinese businesses (TikTok) and waging economic warfare (Huawei). China was using its US dollars for foreign investment. The US is closing that loophole, and the US dollar will become worthless to China - so they will stop accepting them! China owns a third as much as the Fed printed this year. Insane but true. They will convert soon to be worthless US debt notes to gold. Gold is still cheap. The Fed will buy them T Bills with freshly printed fiat conjured out of thin air. But what if no one accepts the dollar? This should be a lesson to everyone about US treasuries and the value of the dollar. Fifteen years ago, a trillion dollars owned by China was big news and was a huge asset to China. Now a trillion is nothing, worthless in relation to the Fed typing in five seconds worth of digits on a keyboard. I took longer to make this video. Powell will be printing hand over fist, and the US Dollar will implode. Why would anyone want US dollars? Get rid of them and buy tangible assets. Buy some gold, silver, land, new shoes. Anything. It is hard to imagine now that the dollar is reduced to 2-3% of its 1913 purchasing power. How much can actually be left, or do we just pay $35 for a big mac and 2 million for an average house, or will homeownership be a thing of the past?. The dollar has been debased by a factor of at least ten in 50 years. The FED is monetizing debt at the rate of probably tens of trillions monthly already to prop up an incredible amount of bad debt and overvalued stocks. The US financial is an unmitigated fraud, and while the Fed has thus far been able to ward off cataclysmic disaster, this time they’ll be rendered impotent, as China and other countries wean themselves from the Dollar, selling treasuries and making global transactions in their own currencies, causing a dollar crash. The World is insane to be holding any sort of US paper. It is worthless. The USA is a deadbeat borrower who can't be trusted to pay its debts, live up to its word, or obey the law. Think for a second what a $2 trillion loss would do to the City of London and Wallstreet. Of course, the Fed can bail them out too, but the financial tremors would make the 2009 Global financial crisis look like a walk in the park. Might as well let the Fed be the biggest holder of US debt. It already owns the stock market. The new Communist system pretending to be the Capitalist we have in America is the real laugh. Soon enough, the only buyer of Treasuries will be the Fed. They've been the only buyers for the past 12 months. And will also be the first to buy at Negative Interest Rates. The Fed will try to save the dollar by printing more dollars. It has been so long since there has been any semblance of price discovery but let me have a stab at it. If something is in less demand, then the price of that thing will fall to meet a price where demand is in equilibrium with supply. So if fewer people want the dollar, then the dollar will fall in price to meet the new demand level. As the dollar falls in price, then things priced in dollars go up in price, reflecting the weaker dollar. In order to save the dollar, the Fed will have to try to create the price equilibrium to stabilize the value of the dollar. That means they will print as many dollars as needed to save the dollar because the same result occurs without printing, so you might as well print. Yep. A mathematical certainty. If China sells all of its US Treasuries, The Federal Reserve knows exactly what to do: To Print Money! That's right, print, print and print until every last treasury is purchased, all of them. Of course, by then, a loaf of bread will cost $679 FRNs, but never mind that because the stock market will also explode upwards exponentially! All of y'all will be millionaires! Don't hold your breath! The Fed is printing hundreds of trillions out of nothing, yet we see no hyperinflation yet. Why? Because inflation is being exported. America's number one export is inflation. The printers only work if other countries want their debt denominated in our currency. Otherwise, the Jig is up. I hope you're paying attention. When the day comes that the US Dollar gets ditched, I expect that the people who are the most shocked will be the Americans. The rest of the world will shrug. End of the story for the US as a superpower. Maybe a few chapters left. We knew this was coming next. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely 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. Last month, the Chinese Communist Party had a big meeting. The outcome was a new policy to prepare for the end of relations with the US. The orders were to stockpile petroleum, stockpile foodstuff, and to sell off US dollar-based holdings. Another policy order is not to allow new US firms to set up operations in China. The plan to cut US treasuries to $800 billion is cover to sell off all US dollar-based securities. It is fluid; it also depends on who wins the American elections. If the Chinese do not buy the trade agreement $200 billion from the US, then by Jan 1st, 2021, a new higher round of tariffs will be placed on Chinese goods. It doesn't look like the Chinese will meet the goal of $200 billion purchases of US goods. The recent trade deficit with China is higher. The Chinese are moving from trade war to currency war to preparations for war. The U.S. trade deficit surged 18.9% in July to $63.6 billion from an upwardly revised $53.5 billion in June. This is the widest trade deficit since 2008. All the power and privileges the US Dollar enjoys stems from the rest of the world wanting it. It will crash as soon as the world wants something else in exchange for their goods. Then it will crash. In fact, it’s crashing before our eyes. Your mind just believes there is no inflation or 2% like the Fed claims. America made critical suicidal mistakes by allowing foreign countries to dump their products, mainly Asian cars, followed by all the electronic products from Japan and China. Of course, we have no one to blame but the greedy American corporations that sent our jobs and factories to China. It also doesn't help that flag-waving American's are buying those imports, further destroying their own jobs and future. The only thing that can save the US economy now is re-establishing the commodity mass production, as seen in the real boom years. Agriculture, base metal production, precious metal mining, new oil & gas discoveries (away from shale), etc. Manufacturing goods domestically and becoming a creditor nation again. Make lunch and eat it instead of demanding a free lunch off others. It takes people producing stuff more than consuming to service debt. On a relative basis, we have not done that in the USA for decades! The Anglo super-elite has very, very poor thinking abilities. They set up China as the world factory and put all the eggs in one basket, all in the name of globalization scam. Instead, if they got the brains, America could have a diverse source of the supply chain from South East Asia, South Korea, Taiwan, India, Mexico, South America, and Africa. These supply chain countries will own US treasury bonds in a well-distributed balanced global finance. By putting all eggs in one basket, which is China, the greedy, no brain Anglo super-elite are just asking to be SHOT AND KILLED BY CHINA. China is a creation of the globalist elite from London, that sold out America and exported US manufacturing to engorge some fat cat billionaires from Wall Street. Globalization scam has been sold by the last several Presidents, Congress, both Teams, and Main Stream Media. It's literally a scam to make a few people super-wealthy. The West created today's China by allowing corporates to outsource to China due to their own greed and not having the foresight to see the negative effects that would have. Kissinger, Bush, Obama, Clinton, Biden, etc.. have all made deals with China to sell the US down the road to globalization. The Anglo super-elite Predator Class transported US factories to China to make billions on wage arbitrage. The money is in the Cayman Islands, and the factories are in China. The West now faces a powerful and highly nationalistic adversary that does not share a commitment to the rule of law and human rights. China can be weakened by severely reducing that outsourcing, but it seems clear that it will react militarily. If the West initiates a permanent move against the CCP within the next two years (removing the vast majority of its investments and manufacturing reliance), the CCP will collapse. If we do not do that, the West will collapse within five years. It's our choice. Reports are China now has the largest navy in the world. I suspect they could take Taiwan without a fight from us. The point is, the Modern Monetary Theory based upon world-wide credit/leverage in dollars has done more than build our life-style bubble. It builds China’s bubble, and they have more ability to plan and initiate than we do to their authoritarian hold on government. We celebrate our success. I hope we don’t wind up regretting it. CHINA versus the USA or we can say it "COLD WAR 2.0". From the banning Huawei to TikTok, Now the USA shutting down Chinese consulate in Houston, and CHINA shutting down USA consulate in Chengdu. The USA using its main Ally, INDIA, against CHINA in ASIA and CHINA, now getting the most rival country against the USA, which is IRAN, by investing 400$ Billion in its own currency. CHINA is making military bases in the South China Sea to counter the USA allies in US Indo-Pacific Command. And the USA is making allies against CHINA in Indo-Pacific Command by making QUAD Group. USA is basing CHINA openly and saying BRI as a deadly way to occupy any country, and CHINA using Wolf Warrior Diplomacy and openly based on the USA as well. This situation starts from the trade war, and now it converting to COLD WAR 2.0. IS THIS HAPPENING AGAIN? A NEW WORLD ORDER IS COMING? This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!














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

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

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





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
























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 Mother of All Tech Bubbles is Bursting - The Big September Sell-off has Started

👉The Mother of All Tech Bubbles is Bursting - The Big September Sell-off has Started






Stocks are plummeting with tech and growth among the hardest hit in the worst sell-off of the summer. The NASDAQ is cratering. Dow ends more than 800 points lower. Looks like a stampede towards the exits. The tech Bubble is now Bigger than The Dot Com Bubble. US Stock Market Cap to GDP Ratio Reaches 190%, Eclipsing the Dot-Com Bubble High. Big rallies often come to an ugly end .Nothing goes straight up. It looks like the markets might finally be facing reality. Many people need to be reminded that bubbles don't last forever. The markets won't keep going up forever. At some point, they will simply plateau and finally start going down. It's was already trading like a Ponzi scheme.Nobody was selling , just enjoying the paper gains, and getting high euphoria on them. Should Dow be at 19k? No. But should Dow be at 29k? Also no. And the tech companies simply ain't worth this much, period. We could have another 10% fall, easily. If people start thinking fundamentals, If the mindset changes from technicals to fundamentals, then this market has further to go down.We could have another 10% fall, easily", Economist Mohamed El-Erian told CNBC this morning. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The stock indexes reached their final target yesterday, which was a top gap fill on the Dow left when it started to tank in February. Nice 5 month technical rally, but now there could be a sell the tops decline down towards the March lows; a lot of gaps to fill. The Nasdaq Composite, which has rallied hard over the weeks, tumbled nearly 5% on Thursday as high-flying tech stocks took a breather. The S&P 500 and Dow Jones also suffered big losses, dropping 3.5% and 2.8%, respectively. Stocks typically face choppy waters in September. Apple Lost $180 Billion In Market Value on Thursday.a rotten day for technology shares. It’s the Biggest Loss For Any Company Ever. And remember the saying: as Apple goes, so goes the market. All the big money sold last week, and all the puppets are left holding the bag, saying to themselves, "I thought I was a genius, my stocks kept going up." Something Big is about to happen.. something about September.... market crash 1929, 9/11, 2008 crash, last year repo market went on steroids, dot com bubble also happened in September... DANG, WHAT'S GOING DOWN THIS SEPTEMBER. The sucking sound of millions of millennials fapping with their Robinhood accounts suddenly crying out in pain. There goes the new gaming console. The unpredictable is getting to be pretty predictable. Drive the market up and run to a safe harbor. Drive it down. Buyback in. Drive it up and run to a safe harbor. And start all over. Sooner or later, the little investors are going to pay the piper when a downturn runs away. The buyers magically appear in the final 30 minutes as usual. The first legalized Ponzi scheme in history can set one closing high after another, but can't set a closing low to save itself—intervention at every turn. Now it begins. 1) Market Drop of 70-80%. 2) Home Equity Slaughter: at least 50%- Delaying Evictions and Foreclosures is a brilliant strategy used by Private Equity, Hedge Funds, & Oligarchs. Treasury Secretary Mnuchin will delay and delay until one day, 20 million houses hit the market with 50 million unemployed, and boomers are 401K's down 50%+. Housing market will implode. The biggest Fire sale of all time. PRIME real estate picked up for pennies. 3) Social Security and Medicare are next. Monster deficit+ no tax base + huge mob of unemployed=Grandma and Grandpa, your livelihood is on the chopping block. Prepare for serfdom. This is how do you transfer the wealth of a country of 350 million people into the hands of 100,000 people? By Central banks' Booms and Busts, and Lies Lies and more Lies. The lie that stocks always go up, that housing always goes up, that social security will be there when you are old etc. This is Neofeudalism and NeoSerfdom. Time for the FOMO and Irrationally Exuberant to get carried out. The big boys figured out that we're nowhere near an economic recovery, and they need to cover their assets.The FED will print money and purchase (inflate) this stock market to infinity. It is a LEGALIZED CHEAT in the stock market game. The Fed is gambling our Social Security money and taxes on the market. I hope they don't lose it on the roulette. It pays 48%, losing 2% overtime It's a Ponzi scheme and totally manipulated by elite players and unnamed bankers who will never be held accountable or responsible. And the population will probably never know what went on behind all those closed doors. The Fed's BUY button is on the bench for troubleshooting and repair. Eight hundred eighty-one thousand additional unemployment claims filed for the week ending August 29 .A number that will later be quietly revised up, as is the case every week, as unemployment claims are now approaching 60,000,000 over the last 24 weeks. 8.4% are no longer reporting unemployed because congress went on vacation and failed to extend unemployment benefits. LET THE GOOD TIMES ROLL. HAPPY DAYS ARE HERE AGAIN! They'll say anything to keep the savings and pensions fully invested in the stock market until the big crash that will unleash the civil war/revolution. Bankers bought/hoarded all the grain in France to unleash the French revolution. Same playbook. The market runs on lies, and sheeple love lies and illusions. The fed and stock market learned how to make money from crooks, and now they are implementing their tactics in today's market. Strait crooks. All to hide massive financial fraud. Federal Reserve Bank is robbing the Treasury. Corporate bonds and mortgage-backed securities are junk. So they sell to FED. Money reform is coming. Argue about anything you want! It is like before any other bloody conflict. Money reform! Your wealth will cease to exist in one way or another... Blame the other side! The system has been gamed since 1913 against you. The middle class was the cartilage between the rich and the poor. It is pretty much gone now. What happens next is predictable. Serfdom for the masses is the goal of the elites. You will have 0.01% who are the oligarchs. Another 5% will be government enforcement with the weapons. The rest will be living the Hunger Games and be depopulated. It is going according to plan. The economic chaos is threatening the market value of equity held by the six mega-corporations owned by the Too Big To Fail banks. The bankers are exercising the covert ownership of the FR Board of Governors, Inc., to protect their equity. The Fed’s increasingly strained attempts to rationalize ever more aggressive monetary policy via ratcheting inflation targets higher are pure sophistry. It wants easier money to keep Wall Street product prices levitating and enable big spenders in Washington. That any part of the mainstream financial media can take it seriously is a testament to its willingness to abandon any pretense of critical analysis. I think the Fed Needs to redefine itself to the World as a Standalone Nation Banker that no longer holds responsibility or respects the Citizens of the USA. They are just the Casino House. It's all they can handle. But they will have to find someone else's Money to play with. And what the hell of a Ponzi scheme it is. The market breadth is in only six stocks! SIX!!! Watch as yields rise. It begins to turn. But going back to 1928, when stocks rose 5% or more in August, and the June to August return was top 25%, the market often struggled in September and October. If it was a relatively normal year minus COVID19, social unrest, high unemployment rate, election year, then I would take heed to these pronostications. But this is not your grandfather’s stock market. Everything is fair game for 2020! Here's a scary thought. In September 1929, a young new stockbroker in Pittsburgh named Richard Lerach took his small inheritance and family money and invested it all in the booming stock market. He never saw what hit him. I am thinking of a bad mix between COVID, US debt becoming higher than GDP, real unemployment might be that 940,000 or maybe a million. Housing prices and rent are going up, yet eviction is on pause. People are getting their bills late, loan rates, and the dollar losing value. It takes time for all of these things to affect the economy. It just so happens that it started in March it took six months for this monster hit now. I think more of a correction to reflect what is happening in the US. It will be mathematically impossible to control the debt. The US will eventually default; the dollar will be worthless. FED and government have no cash. US is trillions in debt borrowing money from the future by issuing IOU to banks at 0% interest..no free-market capitalist economy would do that. The U.S. trade deficit unexpectedly surged 18.9% in July to $63.6 billion from an upwardly revised $53.5 billion in June. This is the widest trade deficit since 2008. Trump promised to win on trade. Instead, we're losing big-league. Inflation can be easily tamed by raising interest rates. As we know, to bankers, raising interest rates is like forcing vampires into the sunlight. So now we have the worst of two worlds—ever-increasing debt and near to zero interest rates. We thought it was bad when we realized the purchasing power of our dollar was cut by 98% since 1915. But The Power That Be don't see it that way. They just plod ahead and do their most damn to devalue the dollar by another 98%. If all the interest on all the debt is eventually owed to you, you can keep devaluing currency through debt creation until the cows come home, and you'll end up owning everything and everybody. 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 FAANG Bubble Bigger than The Dot Com Bubble , TSLA Bubble Ready to Burst

👉The FAANG Bubble Bigger than The Dot Com Bubble , TSLA Bubble Ready to Burst





The FAANG Bubble now Bigger than The Dot Com Bubble , TSLA Bubble Ready to Burst US Stock Market Cap to GDP Ratio Reaches 190%, Eclipsing the Dot-Com Bubble High. It is up 1.2% today. There seems to be no end in sight. The Nasdaq is in an almighty bull market. The Nasdaq won’t stop going up. The indices are going up and up every single day, without good news and even with bad news. The entire stock market today is being lifted by just a handful of stocks. It looks like every single dip is bought. Prices bear no relation to earnings. Just half a dozen stocks account for more than 50% of the index. It’s way too geared. It’s going to crash. FANG Stocks Up 400% Since 12-31-2014, S&P 500 Index ex-FANGs up 35%, S&P 500 Index up 45%. Take that in for a minute. $100 invested in the FANG stocks (Facebook, Amazon, Netflix, and Alphabet is worth $403.90 through yesterday. In comparison, $100 invested in the S&P 500 ex FANG is worth $135.12, and $100 invested in the S&P 500 is worth $145.31. Five years and nearly five months. If you were to equal weight, your exposure to the four FANG stocks, your gains would be even better. $100 grew to $522.43 over the same period. The point here is that just four stocks are driving returns of the major indices – especially the cap-weighted indices. At the end of April 2020, FANG stocks represented 16.38% of the S&P 500 Index . Add in Microsoft and Apple, and together the FANMAG stocks represent 21.38% of the index. It is the large over-concentration in just a few names that are cause for concern. FAANG contributed about 358 Basis Points of incremental IRR to your S&P 500 total return over the last five years. FAANG outperformed the market significantly, starting in 2016. FAANG is an acronym that refers to the stocks of five American technology companies: Facebook, Amazon, Apple, Netflix, and Alphabet (formerly known as Google). Welcome to the Technocracy . All Your Base Are Belong To Us. The six horsemen are looking wobbly this AM. But algos swooped in to buy the dip. The pumps fire up at 10 AM sharp, and the manufactured gains resume. Another day of fraud in the first legalized Ponzi scheme in world history. I keep hearing: don't fight the Fed. To that, I say, read Ponzi Nation by Edward Chancellor, February 07, 2007. Chancellor predicted both the 2000 and 2008 crashes, and he places much of the blame on the Fed's easy money policies. Ask the people who paid $1.2 million for an New York City taxi medallion because they were buying a government-supported monopoly. After the advent of Uber, they lost 85% of their value. That's the problem with buying things you know are overpriced based on the belief of government support. What the government giveth, the government can taketh away. As I said before, I'm going to enjoy watching this bubble burst. People need to be taught a lesson that wealth actually requires hard work, not just printing and bubbles. There is an old saying: It's all about the economy stupid. Our nation's economy has already crashed .Nearly 60 million unemployed, the biggest decline in our nation's GDP ever seen, federal deficits and Federal Reserve balance sheet skyrocketing, and federal spending is now far higher than incoming tax revenue. Yet here we are in the Twilight Zone where none of the economic factors seen the impact Wall Street , which is now totally disconnected from Main Street USA. One hundred eighty-five thousand virus deaths and trillions of government and corporate borrowing, and millions of people not paying their rent or mortgage now. Nothing matters here in the Twilight Zone. All I know is I won't buy in at these prices no matter how high they go ,unless earnings literally double. Circuit breakers will be igniting like fireworks. Not to mention that the Fed's liquidity is becoming less and less effective. Sooner or later, investors are going to learn that markets are bigger than governments and central banks. It will be exciting. Everyone is expecting a drop. What they're not expecting will be the magnitude and quickness of the drop. Right now, we're at the end of a Jenga game. Everyone knows that the entire financial system is unstable, but is hoping for a few more rounds to let someone else knock the tower over. But when everyone KNOWS their stocks are overpriced, they'll all try to sell at once and blow past their sell stops. We've seen this game before. The market is on such tenuous footing that I guarantee most will not be able to get out when a large drop starts. I'm serious. We could have a 30% drop in one day. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Tesla is a sign of things to come. It certainly is demonstrating what a busting bubble looks like. Tesla now has a greater market cap value than Toyota, Volkswagen, GM, Ford, BMW, Mercedes Benz, and Hyundai combined! Those combined car companies sell over 60 million cars per year and Tesla around 500,000. You do the math on the craziness of Tesla's valuation. Tesla investors think that Tesla is the only car company present and future that can and knows how to build a car chassis, body, and put a battery pack underneath it. Seriously the Price to Earnings Ratio will never fill in the value proposition unless Elon musk becomes emperor of Mars .Which is ironically more likely than Tesla valuation making sense. Tesla is down 25% on news that the company's largest outside shareholder Baillie Gifford, is reducing its position in the company. And this just one day after the stock split, and the company announced plans to sell up to about $5 billion in new shares. A mere coincidence and absolutely not insider trading at all.Sarcasm! Parabolic chart, parabolic stock. Like the Dutch tulip frenzy so long ago, Tesla will descend. This company is a total con. But like apple, there is no shortage of ectomorphs willing to buy its crap. Too many idiots and too much free cash in the market. The vampire squids of Wall Street have been frontrunning the mom & pops, with a very modest PE of 1222.47, especially for a company that has never been profitable ,and likely never will. Tesla's stock has already soared about 500% in 2020, and the company is now worth about $475 billion. Elon Musk, with a net worth of $115 billion, is now the third richest person in the world. He is now richer than Facebook CEO Mark Zuckerberg. But the richest man in the world is now Amazon's Jeff Bezos. Bezos will just buy robots faster. They don't get sick, pregnant, tired, hungry, or vote. No PMS, cramps, mood swings, morning sickness, nor HR complaints. No salary, no lawsuits, no unnecessary opinions, no ethics, no whistleblowers, no coffee breaks, no lunches, no corporate gatherings with the underclass, no motivation talks. But how about the customers? Who the hell needs customers when you can have an obedient army of robots. They also don't consume cheap plastic from China either. Bezos is hardcore. His workers don't get pee breaks. They get low pay and stand for twelve hours a day. They can't form a union. If you think this is just Amazon, you are a fool. Not a single major corporation wants its labor force organized, and most of them have people actively engaged in undermining those efforts. Of course, it's a lot easier under a global economy and when dealing with third world countries that don't care about their own people. This is the #1 priority of the Human Resources department at every company. It has been that way since the '70s. It's no secret. Stocks relying on dumb money (Tesla, Apple, Zoom, and the likes) will be in for a reckoning, sooner or later. Forget earnings, ok, but P/S above 20 is not sustainable. With tens of millions unemployed, and countless businesses gone for good, the heavy hand of government continues to pile on. State and local governments are looking to raise taxes in this environment, and the Federal Reserve, the enabler of big government, intends to escalate the counterfeiting of dollars on top of the trillions already created out-of-thin-air. More taxes and higher prices ahead, which makes for more economic heartache for the American people. Stock market volatility is affecting the dollar plunge. You cannot count consistently to the dollar for your investments in a market that remind Las Vegas better than a place reflecting the economy you would like to be part of. Wall Street misread the shape of the recovery. Stupid Wall Street! There was never any recovery. The entire nation's economy is bottom bouncing! We have been doing this since 2007 because none of the problems were ever fixed since that time. All the pandemic done was to simply expose the fact that there is no resilience to our economy. They shut down the main street and put them all out of business, forcing the remaining consumers working at home, with free cash flow, to buy at the online stores of the mega-cap companies. Goes a long way in explaining why we are screwed, because the dead half of the economy can no longer sustain the consumer purchases that the FANG stocks depend on. Depression 2.0 has started in earnest. The trend is a slow melt-up ( during the next 8-12 months) with increased volatility due to the increased uncertainty about P/E expansions.Which has similarities with a kind of valuation ,revolution. Any corrections do not change the long-term upward trend because very powerful forces, i.e., over liquidity from central banks and governments, the capitulation of the short-sellers, and the extreme optimism that has momentum right now as long as the big global stimulus treatments on the real economy continue ;and there are improved news on therapies and global economic activities. Anyway, be prepared for bigger turbulence at the time of the US presidential election! The volatile melt-up in 2021 will cause real headaches for central banks and governments who must continue to stimulate the real economy (2021-2022), but at the same time, their stimulus measures also stimulate even the stock market in an unintended way. I love how people needed a pandemic to realize that the economy doesn't need to grow in order to have higher stock prices. Large investment firms, banks, and corporations manipulate stocks in many ways without having to worry about increasing earnings: Buybacks ;Pump and dump Slingshots. All of this behavior happened before the pandemic and is now being completely backstopped by the federal reserve. It's literally a Ponzi scheme. It's also why quick stock growth can hit a wall at any time and drop like a lead brick. It depends on the actions of the large firms and the policies of the central bank. This is why the stock market needs to crash, so we can focus on the real economy and why the federal reserve needs to be dissolved back into the treasury. Industrial economies should always come before stock markets. If they don't, you just have financial manipulation and debt pyramiding with grotesques amounts of "money" that moves quickly on computers. But when you have politicians who stake their re-election on high stock prices, and whom themselves are invested in the stock market, the cycle continues. And people are surprised to see social unrest right now! Wake up and focus on the real people screwing over the entire economy. They are small in number but control trillions in wealth. If you stay invested in equities - you will be broke. It is the biggest bubble in the history of the world. It is just a question of how long central banks can keep it propped up. People say don’t fight the Fed , but free-market forces are a couple of trillion times more powerful. Entrap banks are like ants running around in front of the biggest steamroller in the world!! 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

👉Prepare for Inflation And The Failure of The Present Monetary System

👉Prepare for Inflation And The Failure of The Present Monetary System






We just had the best August for the Dow since 1984. Maybe we should shut the country down more often. Wall Street operates in a different world than Main Street. Main Street is mired in a deep depression now, along with the effects of the pandemic, and Wall Street seems to be little affected by it. For years Wall Street has almost zero to do with the real economy of the US. Another million filing unemployment claims again this week. And that's called wonderful in Fed's Bizarro World. The Fed will just keep on printing. We are entering the final stages of a debt collapse. This is not a stimulus. It is Modern Monetary Theory in action.Helicopter money. And my bet is it's going to be PERMANENT. Well, until they totally debase the dollar. 10 Trillion dollars of freshly printed money directly into the pockets of billionaires was not enough. 2 TRILLION MORE is on the route. Crumbs to the unemployed and middle class with at least 3/4 of the freebies going back to CORRUPT Wall Street, Banks, and Corporations that ALREADY got trillions in the bailout and to bankrupt states and local governments. National debt at least 30 trillions to end 2020. It is the cliff shaped like a V. You can see the bottom of a cliff; it is more like an abyss. Whatever goes up, must come down. It's just a matter of when. The US economy is now 100% virtual. Our currency is next. The dollar index continues to decrease. It fell below 92 earlier today and is now at 92.07. Doesn't look good for the Federal Reserve Notes value. I think we need another 10 Trillion to the criminal banks. Inflation will destroy the dollar and the economy. The Fed just changed the rules for inflation target calculations. It will no longer focus on keeping a lid on inflation. Inflation is now everywhere. I see it first hand. Gas, Food prices, property tax, health insurance. The true inflation is much higher than the doctored numbers they give out as official. Unlimited Federal Reserve Money Creation and Federal Government Deficit Spending Are Triggering Major Domestic Inflation. If you have FIAT savings and cash, then you are losing 10% a year, and it is speeding up. If you are then locked into that system, your purchasing power based upon that value is falling fast. We need a sound dollar they we can count on and to not be robbed of our savings by The Fed through zero percent interest rates. With Dollar Debasement Intensifying, Holding Physical Gold and Silver Protects the Purchasing Power of One’s Assets. Turn those depreciating dollars into gold! Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. All building up to the greatest world market collapse this world has ever experienced. Temporary layoffs will, and are currently being replaced by permanent layoffs. The housing market is doing great due to the 401K early withdrawal penalty being withdrawn and rock bottom interest rates. The retail market is doing great due to stimulus checks and $600 extra unemployment for staying home, and the belief more stimulus is on the way.The payroll protection scam, I mean plan, and of course, the most important factor, the wealth effect created by all this free federal reserve money inflating the markets. All part of the plan. The higher they can secretly drive the markets up, the better their plans will come to fruition. And what is their plan? Taking down the world economies and leaving them totally at the mercy of the international banking system. And they will gladly come to our assistance, but we must first agree to accept their long-desired one-world digital currency.Out with the US dollar, and in with the one world currency. But first, they need for us to get into just a little more debt. So they will wait until after the next round of stimulus passes. And by that time, even the dow jones will be above 30,000 for the first time ever. The collapse will be gradual at first, then catastrophic. Next year we should start witnessing the true nature of this pandemic plan when all of the markets will collapse. And does anyone notice that even though the main street has collapsed, that the media hardly covers this, or creates any sort of panic because of it? But when wall street collapses, it is the end of the world? And this is all by design. The collapse of our economy is, for the most part, being kept from the public. When wall street collapses, and they collapse all of the markets, then the media will create another pandemic like panic. And then the world economies will collapse. And this is because of the power the stock markets have over our consciousness. The wealth effect, which keeps people spending like there is nothing wrong, will turn into a poverty effect, and money velocity will collapse. We should start witnessing the first stages this year, and an apocalypse next year. All this is just a conspiracy theory, but it may very well happen. In the meantime, the rich will continue getting richer, and the poor and middle class will continue to get poorer thanks to the federal reserves artificially inflated stock markets. Sugar daddy Powell is supporting the 1%. All those Federal Reserve purchases of corporate bonds are supported ever-larger increases in stock-buybacks. We gave $27 trillion to the Bankers & Wall St in 2008, and no, they did not pay us back. They then foreclosed on millions and stole their labor & lives for pennies on the dollar. In March 2020, they got another $18 trillion, ie, Big business, bankers, and Wall Street, no strings attached, and no accountability. And some pissant claims being forced to work from home. IF YOU STILL HAVE A JOB and getting the necessary equipment to keep the said job is less important than paying for services???? Four months of $600 a week cost us $25 Billion a month, totaling $100 billion over four months. We pay $404+ billion a year on the National Debt (not including the new trillions given to the wealthy elite corporations, et al.) MEANING...we kept 26 million people from becoming paupers in our own nation for less than it costs us in INTEREST. This country is ruled by the Fed, big banks, and big corporations. The Fed is pumping Bezos and Musk's net worth to absurd levels, killing the free markets, and hyperinflated the US Dollar. That Monopoly money is great! Until all confidence in the fiat currency is lost. How long can this game go? You just pull 2.3 trillion out of the air on top of all the other stimulus, and it has to go somewhere. Fiat does not exist in and of itself; it lines someone's pocket eventually. The Fed should hang a mission accomplished banner on their building in DC. They have helped the wealthy by sacrificing the US dollar! I think the vast majority of people will feel sick that the top 1% and tech billionaires have all been bailed out again at the expense of the main street. The stock market at all-time highs while people lose their jobs and businesses. Excessive currency production invites the price inflation of goods and services. Your dollar today is worth 50 cents tomorrow. There is no correlation between US stocks and the real economy. It took almost 3years for markets to bottom out after the Tech bubble burst. What goes up must come down. The stock market has become a wealth transfer mechanism. It has nothing to do about investing anymore. Capitalism died in the 80s. When corporate stakeholders make money via the stock market, they write checks to the politicians. So there is a parasitic symbiotic relationship large corporations and politicians with the Treasury and the Fed as enablers. The politicians / Fed / Treasury only panic when the stock market tanks, not when millions lose their job. The side-effect of this in-your-face bottomless corruption is huge income inequality.Which leads to the violence we are seeing. The lower class has no more hope for the future. They now can only hope for a societal reset through violence. Meanwhile, the middle-class has and continues to be eviscerated and joining the ranks of the lower class. The whole place is now a house of cards on top of a lit powder keg, but politicians and their corporate enablers keep back-slapping and congratulating each other on a job well done and laughing about how they've shafted the little guy. This is the result of a society that fundamentally rewards sociopaths. They are now at the top of society and control all the levers. Removing those levers from their hands can't be done peacefully anymore; it is too late. They have too many layers of enablers protecting them. What this means is that whichever way you look at it and whoever ends up being the elected figurehead in the white house, this can only end in extreme chaos and violence. Once you have the reset, it will take another few decades for the sociopaths to rise to the top again and for the cycle to repeat itself again and again and again. There is no solution to a fiat currency system that must grow geometrically in order to continue to make the interest on the past fiat debt payable. If the growth in the fiat currency supply were to slow down, let alone end or worse, reverse, many debts nationally and internationally would default, resulting in worldwide greatest depression. As a result, the promises of future purchasing power held in these various forms of IOUs just vanishes into thin air. The world was set on this path once our money system was disconnected from the limits of the real world, like two tectonic plates building up strain between themselves. This strain energy will be released at some future point in the form of an earthquake. The longer this strain builds, the greater that future energy release will be, and the smaller the random event that kicks it off will be. The realignment will occur via two complementary but opposite forces. The first force will be deflation and default in everything you own or are owed, especially assets that increased in value due to the overexpansion of easy money and other forms of leverage. The second force will be inflation in everything you planned to purchase in the future with what you incorrectly thought was wealth now largely gone in purchasing power terms. This inflation is largely brought about the government’s attempt to retain its sugar daddy status and thus remain in power, i.e., money for the people, and backfill the currency loss of these assets, like pension funds, etc. It’s simply an acceleration in the new currency that even now helps to keep bubble asset prices growing, the period of time we find ourselves in now. As always, those that get this new currency first benefit the most at the determent of the vast majority. The only way to limit your exposure to these wealth destruction forces is to hold your wealth in real things and not IOUs or bubble assets. Real things, like self-sufficiency and easy to store things you’ll need in the future anyway. Once you have maxed these out, put the rest into physical gold, not to be confused with ETFs, which are legally just another paper IOU. If you want, having a few chips in the casino is not a bad idea as it’s anyone’s guess as to how long this Ponzi scheme can go on. Just remember to maintain your ratio of real wealth to casino wealth. In this way, if you say your casino wealth doubles, maintaining that ratio will cause you to sell some of that casino wealth periodically and place it into real wealth. These bubbles can go on a lot longer than you think, and while they are running, they are a great way to build up your real wealth. Real wealth, like physical gold, doesn’t grow like casino wealth. It just sits there like seeds unplanted, just waiting for the right time. All good things come to an end, though. The failure of the present monetary system will simply bring about the next one. Over and over again, the next monetary system restores balance with the physical world by utilizing physical gold as its primary reference point for all other things of value, including the new currency. Why physical gold? Because throughout history, it’s been produced and yet not consumed and thus just accumulates. It’s also not needed for anything important, like food and energy that are produced in order to be consumed, and thus, gold’s price can be entirely arbitrary without affecting the lives of the common man or commerce, like doubling the real price of food, for example. Gold is just a simple counterbalance and reference point within the currency system that enables the flow of real things of value throughout the complex and dynamic supply chain. Of all 92 elements to choose from, gold possesses the best physical representation of the concept of money. 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 Fed Printed 13% of GDP Just This Year & The Trade Deficit Surges 11.7% !!

👉The Fed Printed 13% of GDP Just This Year & The Trade Deficit Surges 11.7% !!






Americans are already revolting and defaulting. Cities and states facing a one trillion budget mess. The U.S. trade deficit surges 11.7% in July. We just got the largest drop in QUARTERLY US GDP ever in history. The US Economy Contracted 31.7% In Q2. We have printed so far 13% of our GDP just this year to pay for the pandemic and lockdowns. Millions of SMEs are already near or in bankruptcy. Larger corporations soon to follow. But it's a totally different world in Wall Street. Job losses surpass 200,000 at global firms; with more to come. Furloughs turning into permanent cuts. Global corporations have announced more than 200,000 job cuts or buyouts in recent weeks.MGM Resorts International , Coca-Cola and Boeing were the latest examples on Friday, joining an increasing number of companies that are trimming their workforce .MGM Resorts lays off 18,000 previously furloughed employees. The Airline industry is threatening to cut tens of thousands of more jobs if they do not get another bailout; this would be their second bailout. United Airlines Cuts Another 3000 jobs, and guess what... Windfall bonuses for executives, stock buybacks to inflate stock prices, and thus, the super V. That should be Kudlow's new nickname, the super V. It's going to take more government money. The problem is they're putting the money in the wrong hands just like in 2009. let's just bail out the billion-dollar firms and destroy the small businesses. Wall Street looks great. Main Street looks horrible. Amazing what printing 3 trillion dollars can do. Crises make the rich richer and drive the middle class into poverty. The middle class loses their jobs and access to credit. The rich have the financial tools to save them. In just last week ,the world’s 500 wealthiest people added $209 billion to their capital. Jeff Bezos topped the once-unfathomable amount of $200 billion. Elon Musk becomes the fourth person in history to join the rarefied centibillionaire club, where fortunes top $100 billion Dollars. All this was fueled by the crazy stock market rally. There hasn’t been a V-shaped recovery with the economy, only with the stock market. This actually puts the stock market in a tenuous position — even with massive amounts of QE. The new Fed Policy is INFINITE low rates and INFINITE money printing. The Fed will support this market NO MATTER WHAT HAPPENS. Alan Greenspan said at the time of the 2008 crash that unregulated option bets were three times larger than the world's real economy. And that led to the crash. I have no clue how large unregulated bets are compared to the real world's economy today. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Stocks are soaring at the expense of the US Dollar; unlike December 1999, when US Dollar was strong and Gold weak.This time around stocks and Gold are soaring together to make up for the weaker US Dollar .If US Dollar is weakening then nothing else matters. The notion that central banks can keep equity price inflated over the long run despite a collapse in the economy is insane. The market forces will crush central banks like an ant in front of a steamroller. S&P earning will drop below $50/share over the next two to three years. Even the Fed cannot support multiplies of 60+. There is not a long term bull left. The world has already spent every penny that will be earned ($300 trillion of debt) over the next 25-30 years - leaving NOTHING for future consumption and investment. The laws of the universe (especially math) do apply the economics discipline. The inflation will continue permanently until currencies collapse. The market has been busy pricing in future inflation. On a side note, the action has many similarities to the Weimar Republic stock market back in the day. Hold on to some physical metals, I’d say. Become your own central bank. Since 2008, stock market speculation is the Fed's primary and only economic policy. Each market decline has been met with every more excessive stimulus to not only recover the decline but to push the markets to new highs. It used to be about jobs and inflation, but they gave up on those. We are in an economic free-fall, and yet stocks are at new all-time record highs. How can the general public not see how broken this is? The S&P rises by 0.25-1.5% A DAY. +4% is expected by LABOR DAY. By the election, we should see 5000 to 5200 or better. As long as the FED or the government continues to print money, the stock market will continue to go up. The next stimulus checks could push the stock market up another 20%. The U.S. tech stocks are now worth more than the entire European stock market, according to Bank of America. The European market was four times larger than U.S. tech in 2007. We all know how over-inflated this bubble is. Just have a look at the weekly chart of Tesla. It will pop at any moment. Most of these companies haven't had real technological innovation in over a decade. Comparing the small, incremental improvements of the past 20 years with something as transformational as say the invention of the transistor last century is laughable when you think about it. Radio, appliances, airplanes, and mass-produced autos were the technological marvels of the 1920s. That said, they didn't prevent the Great Depression. Guess we will take selfies of ourselves in the food lines with the Apple 12 on 5G. Even Warren Buffet is now warning that the stock market is overdue for a major correction. There is nothing great about this rally. This market has an expiry date in November regardless of results. Hedge and ride it for as long as it will go. Cause the market that comes after is going to look like 1929-1939, with world war possibilities included . China just hacked Tesla and tested a carrier killer missile. When this thing falls, it’s going to fall fast. Remember how Venezuela made all-time high stock records before the free fall? The US just has more room because of world reserve currency and the FED. The inevitable rush to the door will be epic, history-making. The Fed's massive injection of money both by printing money and lowering of interest rates is the greatest theft of the wealth of all time. A wealth transfer in comparison matched perhaps only by the sacking of Rome by the Visigoths or the looting of the Incas by Pizarro. The Middle class would care since it means their 401 K's. If you thought these riots were bad, just wait until the entire Boomer cadre realizes their retirement was a lie. Things are obviously not going to get better. Fifty-eight million unemployed with more huge layoffs coming, 100,000 businesses already closed permanently, 25% of Malls will close ;not counting the individual stores closing in those Malls staying open.A presidential election that will probably end in marshal law.Winter coming with millions expected to be evicted from their dwellings. And a flu season coming that will unite forces with the Covid19. A perfect storm, indeed. Gun sales are up 72%. 40% of sales were conducted to purchasers who have never previously owned a firearm. Nearly 5 million Americans purchased a firearm for the very first time in 2020. However this ends...it won't be pretty. As long as there is a corrupt, elite ruling class in America, this will only get worse. History has proven time and time again that out of control government and bureaucracy leads to a countries destruction and fall. The Fed will QE us into civil war. I guess this is what occupies our minds most. How long can this go on? Can the Fed keep on printing for years! Can this paper game go on for decades more, just as it already has? I seriously doubt that. I definitely would not count on it. They've done a good job of stretching the limits of economic reality for the last 20 years or so, but look where it's gotten us. Zombie corporations everywhere, with wave after wave on the horizon. Unemployment only getting worse. It all hangs together on a pack of lies and fables. And you want to rest confident this shitshow can keep on going for decades? Really? We already see the US Dollar Index fall. There is an alternative that gets more prominence ever. Precious metals. The value of a currency depends on demand and supply. In the 1970s, the US Dollar was so despised that the US Treasury had to borrow in Swiss Francs. History tells us that paper money is a confidence trick. Once confidence goes, everything goes. There is one big issue that is almost never discussed,the secret money printing. Catherine Austin-Fitts discovered that someone created 21 trillion dollars between 1999 and 2015 and laundered them through government departments. It appears that the Fed is so corrupt that it prints money to enrich special interest groups. At the expense of the American worker who has to earn what others print for themselves. I consider this to be one of the most explosive political issues in the US today, and that is probably the reason why the mainstream media will not touch it. The economy is tethered to unbreakable laws of physical reality. The laws of economic reality can be suppressed, for a time, with debt as we are witnessing, but it's like pushing a fully inflated beach ball underwater. It requires enormous and ever-increasing amounts of constant calibrated effort to keep the economy artificially propped up. Totally unsustainable. Breaking point already passed, and it is all downhill from here regardless of what the markets do in response to massive debt/liquidity creation by central banks. When things get better, we will stop the QE and return to normal rates...Bernanke wrote on July 2009 in the wall street journal. It never happened. Central Bankers know how to enter but never know how to exit. They paint themselves into a corner and ask for more paint. 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