Economic pressures

[Danny B]

The socialists have always claimed that socialism WOULD work if nobody could escape their grasp.
Armstrong, "You will find all the major sectors in Socrates from bonds and stock to real estate. Just comparing our US and German real estate indexes, you can see the difference in capital flows which are reflected in the heat map. The Map clearly shows that capital is pouring out of Europe and it is even moving back to China and Russia. Europe is squarely in the hands of the World Economic Forum and the intention to crush the economy to BUILD BACK BETTER is in full swing. Europe will be the first to fall in the world."
https://www.armstrongeconomics.com/w...flow-heat-map/
Russia already had their financial collapse from the collapse of their sovereign bond market.
Western Europe is going full communist because the sovereign bond market is collapsing.
The Eurocrats can't borrow money from the private sector.
They resort to printing. Schwab of the World Economic Forum is orchestrating most of this. Schwab is very clear that they need to "build back better"
You can't build back unless you first destroy the existing system.

Gates is in the background gleefully rubbing his hands because he knows something that the academic Schwab does NOT know.
The destruction of the existing system will kill many millions.
Schwab has completely subverted and poisoned the GOV bureaucrats.

Our one saving grace in America is that Jerome Powell is not under the control of Schwab or the WEF.
Schwab WILL get the destruction that he wants.
Gates will get the death that he wants.

China has turned it's back on the Great Reset. That isn't to say that they may very well have their own great reset.
they have enormous problems.

Putin Announces Total Independence from ‘Rothschild-Controlled’ US Dollar
https://mondestuff.com/world-news/pu...ld-controlled/

Capital is and, will flee to China & Russia.
Capital had previously fled Europe.
The EU just printed up replacement capital.
They are SCREWED

Capital fleeing to America is supporting the dollar.
Keep in mind that Great Depression One started with the collapse of Credit Anstalt , and Austrian bank.
The collapse of European banks will definitely have an effect worldwide.

[Danny B]

Lynette Zang has lots of good financial vids
https://www.brighteon.com/188fe3ac-d...4-a7b0e60d7249

Canadian Farmers Cull 130,000 Pigs After Pork Plant Strike Closes Processor
"I heard several producers who told me 'I don't know where to put them next week."

Exclusive: California Democrats’ Audit-Proof Voter Fraud Mechanism Rolls Out Ahead of Newsom Recall Vote
https://freedomfirstnetwork.com/2021...om-recall-vote

The death of truth & the rise of centralized government control – Matterhorn

8/10 America’s missing money | government can’t account for $21 trillion – City Journal

8/11 This year’s deficit is 1,000 years of silver mining – Reddit

8/11 $611 million in cryptocurrencies stolen in massive hack – Newsweek
DO NOT WORRY. I'm sure that the State digital crypto coin will be completely secure.

8/11 How big tech f*cked you! (and how to stop it) (video) – Russell Brand

[Danny B]

China: The Regime's Managed Economy Is Stagnating
All command economies crash.

Woke Nonsense Is Warping Everyday Life
If we don't wake up from wokeness, we will continue on our sure trajectory to self-inflicted, systemic paralysis... followed by civilizational collapse.

Even In Their "High Earning Years", Millennials Saddled With Debt Aren't Making Enough
The Federal Reserve Bank of St. Louis found in 2019 that debt-to-income ratios for millennials were 23% higher than expected.

50 Years After Nixon Ended The Gold Standard One Bank Asks "Can We Continue To Do This?"
"G10 central bank balance sheets have increased from just below $5 trillion in 2007 to just below $30 trillion today. So we’ve milked the flexibility of fiat money for 50 years to solve our real time problems and kick many cans down the road."

Supply-Chains Brace For Collapse: Port Of LA Fears Repeat Of "Shipping Nightmare" As China Locks Down
The existing shortages will get much worse.


"A Sudden Negative Change In The Economy": Consumer Spending Slides As Majority Now Expect A New Slowdown
“We were slowly ramping up in anticipation of a robust third and fourth quarter. You can drop the ‘ro’ part. It seems like it is just a bust.”

20 Years Of War In Afghanistan Has Cost US Taxpayers Over $2.2 Trillion
Maybe so but, "it was worth it" to the war mongers.


The Data Shows The Fed Is Behind The Surging Wealth Gap
... the Fed’s financial engineering fueled the demand for speculative risks by those with capital but left most American families behind...

"Transitory"? Pelosi Boosts Max Staffer Pay By 15% To $200K
I'm sure that they earn every penny of that.

Rabobank: Very Soon Our Comfortable Market Narrative Will Collapse Like A House Of Cards
Until those cards come tumbling down, we can cling to our comfortable delusions supported by comfortable theories and comfortable gibberish, peddled by comfortable people in comfortable jobs, with comfortable pensions or comfortable after-dinner speaking fees

Where There's Fire There's Smoke
Specifically, a total of 10 Hindenburg Omens have triggered on the Nasdaq over the past six months, a level that has regularly warned of significant stock market turbulence ahead...

8/13 The Biden inflation tax, made clear in one chart – Real Clear Politics
The State has made it very clear. They are going to print for every problem.
This is kicking the can because printing causes a whole new set of problems.
https://www.youtube.com/watch?v=fDf24HkFXKE&t=1020s

Portland Begs Police to Come Back, But Nobody Even Applies | No Refunds After Defunds
https://www.youtube.com/watch?v=CuwwPcQSPrI&t=361s

[BroMikey]

Inflation and food shortages are already here.

[Danny B]

Re: food shortages
https://firms.modaps.eosdis.nasa.gov...;@22.1,15.9,2z

[Danny B]

"I’ve witnessed scores of spectacular booms and busts during my career. I’ve witnessed nothing comparable to China’s Bubble. The world should be panicky. Instead, there is near absolute faith in the Beijing meritocracy.

Late-eighties “decade of greed” excesses were incredible – until they were completely overshadowed by the “roaring nineties”. I thought 1999 was a once-in-a-career experience. The 2008 mortgage finance Bubble collapse destroyed the myth that Washington had everything under control. Yet we’re now into the 13th year of the global government finance Bubble. Especially since the pandemic crisis response, manic excess has gone off the rails. The world should be panicky. Instead, it’s all business as usual, with near absolute faith in the power of central bank QE."
There you have it; government finance.

"I have posited that the great vulnerability of contemporary finance is that it doesn’t work in reverse. It appears miraculous, so long as finance is expanding and asset prices are inflating"
https://creditbubblebulletin.blogspo...certainty.html

As Main Street Confidence Crashes, Wall Street Is The Most Bullish In 20 Years

China has decided to cut back credit growth
https://www.youtube.com/watch?v=kjLOP1oFdqk&t=73s

We will soon learn just what effect the China slowdown will have.

Meanwhile, all Western GOVs are flat broke.
8/15 Summers says ‘bizarre’ for U.S. to borrow so much in short-term – Yahoo

[BroMikey]

Better watch now because it is a 24hr preview from UNITEDNETWORK.NEWS Talking about former President Trump and his late moves.

https://www.unitednetwork.news/conte...-Force-Meeting

[Danny B]

The Davos group is using the threat of global warming AND the plandemic to destroy as much of the economy as possible.
I would say that CB head Powell is an accomplice. What else can he do? They are talking about replacing him to get somebody who is more aligned with the values of the democratic party.
The Cloward-Piven strategy calls for total destruction of the economy. The WEF calls for the same.
Both groups call to "build back better".
The demonic party is bringing in millions of immigrants to guarantee some kind of future majority.
The WEF plans to kill off ALL of them.

Finance, insurance & real estate is the FIRE economy. It produces nothing so, must survive by sucking blood from the producers. Thus has always been done using the inflation tax. 5 year old number; 98% of the gains in the stock market are from money printing. This robs from the producer but, regulatory capture ensures that it continues. The State is also a parasite so, it isn't going to stop the growth of the inflation tax.

All these parasites are deathly afraid of economic growth going into reverse and, bringing deflation. This would bring the closure of every financial institution.
Greyerz: We’ve Entered The Dangerous Period And Final Endgame For The Global Financial System – Here Is How Much Time Is Left
https://kingworldnews.com/greyerz-we...-time-is-left/
Greyerz laments that the States and central bankers never learn.
All the war mongers, parasites and, non-producers are aware of the eventual outcome. They hope to make a financial killing in the interim period between collapses.

We constantly hear the mantra "this time is different" It NEVER is. BUT, this time actually IS different.
There is a global push to effect population reduction by attacking all of the economy and society.

Ousted Afghan President Fled Country With Cars, Helicopter "Stuffed Full Of Cash"
Eyewitnesses said "some of the money was left lying on the tarmac"...

Stocks, Bond Yields, & Black Gold Tumble At US Open
...and gold is back above flash crash highs, erasing post-payrolls losses.

Rabobank: When The Penny Drops It Will Be You And Your Portfolio On That Kabul Tarmac
And a year from now can become six weeks can become 72 hours can become Sunday afternoon. When markets are closed.

Empire Manufacturing Survey Crashes In August, Prices Soar
Outside of last March and April's collapse, this is the biggest drop in the Empire Manufacturing sentiment ever.

[Danny B]

The Chinese economic miracle depended on growth, rather than profit. Growth is gone, partially due to lockdowns.

"Our Prices Cannot Fall, Otherwise There Will Be No Profit At All": China Now Caught In Stagflationary Vice
"We don't dare to increase our prices...but our prices cannot fall, otherwise there will be no profit at all,"

The world has had a huge inflationary splurge.
China lead the way. Debt-to-GDP is at 300%.
There isn't enough profit to service the debt.
https://www.dollarcollapse.com/borrow-money-china/

China has cut back on credit creation.
ALL bubbles revert to the mean.
The CBs are trying to avoid having the credit engine slammed into reverse.

Neo-liberal economists IGNORE private debt when looking at economic statistics. If the private sector is credit constrained by excess debt, the public sector is supposed to take up the slack and, suck up credit.
https://www.zerohedge.com/economics/...omy-unraveling

The State is supposed to borrow until the cows come home.
The State prints liquidity, gives it to the banks,, then borrows it.
"Banks in the United States currently hold $2.4 trillion in excess reserves"

Dear Fed: are you insane? – Charles Hugh Smith

8/16 Marc Faber: investing for the end of the world as we know it (video) – Wealthion

The government is flat broke and, sliding into the abyss.
On the way down, they are grabbing at anything and everything that they can find.

Feds accused of seizing $85 million from safe deposit boxes without 'any legal basis'
Class-action suit claims FBI exceeded its search warrant and is forcing renters of boxes to prove their innocence.

U.S. law enforcement took in more than $5 billion from the American ... Criminal asset forfeiture occurs when government seizes private ...

[Danny B]

The great Keynesian coup of August 1971: fifty years later – Mises Institute
What Trick Did Tricky Dick Pull 50 Years Ago Today?
In the summer of 1971, gold was leaving the treasury at the rate of 100 tons a week.
The inception of the welfare-warfare State had destroyed the value of the dollar and, everybody wanted gold.
That was NOT Nixon's fault.
The straw that broke the camel's back;
"British ambassador to the US. the 3rd Earl of Cromer, a.k.a. George Rowland Baring, showing up at the US Treasury offices in Washington D.C. on 12 August 1971 and demanding that US dollars held by Britain be converted into gold."
https://www.zerohedge.com/news/2021-...ed-gold-window

Nixon closed the gold window and, stiffed the London bankers.
He was subsequently impeached.

By definition, the Bretton Woods system was destined to end in this way, as described by Triffin's paradox.

By definition, the nation that issues the international reserve currency MUST run a deficit. Otherwise there won't be enough reserves for the rest of the world to use.

So it doesn't matter whether the deficit is caused by too many imported washing machines; or too high salaries for domestic Fred Flintstone-type factory workers; or (the real reason) LBJ's Guns and Butter policies - it's going to die regardless.

It's actually a mirror for what happens on a smaller scale at the national level - in any debt-based monetary system, if you pay off all the debt, you actually destroy all the money in the process - and as such, there must always be debt in order for the system to stay intact and function.
https://www.zerohedge.com/news/2021-...ed-gold-window

[Danny B]

"Panic" As Afghani Crashes After Central Bank Chief Flees, Says No More Dollars Left

US Treasury Freezes Billions In Afghan Reserves, Depriving Taliban Of Cash

Kyle Bass: China To 'Move In Under Security And Diplomatic Guise' To Pilfer Afghanistan's Trillions In Minerals
"Afghanistan is plagued with the curse of plenty. They have, we think, upwards of $3T worth of minerals..."

Afghanistan imports 34% of their food.
You can bet that the West won't release any of their reserves.
They won't be able to buy any food, except possibly from China.
China doesn't have enough food for themselves.
USDA Crop Tour Warns: Megadrought Impacting Corn And Soybean Yields

This is all over the world.
The Afghan army just rolled over and, let the Taliban in.
Once the starvation sets in, they may regret not fighting.

[BroMikey]

Life after Covid eviction ban falls off and all your credit cards come due.

[Danny B]

8/18 Why the global economy is unraveling – Charles Hugh Smith

8/18 Fed’s Powell: there’s no returning to pre-pandemic economy – AP

8/18 Retail sales peaked in March and have declined ever since stimulus ended – Mish
Can't throw the transmission into reverse.

8/18 Blackrock and Vanguard could own almost everything by 2028 – FP

8/18 Just 30% of the poorest families have a savings account – CNBC

8/18 Palantir purchases $50 million in gold bars as cash pile grows – GATA
"When the spooks tell you a false flag is coming, a false flag is coming."
8/18 Financial times: Believe in unicorns, not gold – GATA


Is Afghanistan The Thread That Unravels Western Dreams Of A "New World Order"
The drama playing out in Afghanistan right now has enormous implications for the entire planet, because it represents a colossal defeat for western globalists...


Businesses Are Refusing To Enforce France's Vaccine Passport
...anecdotal evidence suggests it might have been one big bluff.


Egypt's Bread Subsidies May Bring Millions To The Brink Of Starvation
...Relying on the state for food is a bad idea...


Pepe Escobar: The 'New Great Game' In Eurasia Has Just Been Reloaded
The US 'loss' of Afghanistan is a repositioning and the new mission is not a 'war on terror,' but Russia and China...

[BroMikey]

Easy money is gone and those who have had all the best their entire lives will be broke.

[Danny B]

Blackrock is the new financial squid
https://www.globalresearch.ca/more-b...magine/5748159

Former Spook Warns This Is "One Of The Most Dangerous, Unpredictable Times In History"
"America's Elites are trash...China knows it..."

US Hemorrhaging Money From Entitlement Fraud & Waste
We can’t fix the social safety net by making it bigger and expanding the government’s reach...
Maybe not, but you can get more votes with more freebies.

President Xi Calls For "Redistribution Of Wealth" To Help "Expand The Middle Class"
Once a communist,,, always a communist

Here Comes Stagflation: Goldman Slashes GDP Estimate For Second Time In 3 Weeks, Sees "Bigger Inflation Surge"

Fed's Taper Talk Tanks The Dollar, Oil, & Bond Yields; Stocks Puke

"When All The Experts Agree, Something Else Is Going To Happen..."
“if everybody’s optimistic, who is left to buy?”
The FED, of course

Rabobank: 'Deadly Serious Season' Unleashing "Trumpian Earthquakes" Around The World

SoftBank Unloads $14 Billion In Tech Stocks After NASDAQ Gamma Squeeze
You can see why the FED has to print ever-more.
They must buy up every distressed asset