Economic pressures

[Danny B]

Trying to slow the decent after the market peak.

The markets peaked year(s) ago. Here is a good article about the whole world running on fumes. Lots of good graphs.

https://deviantinvestor.com/10961/call-it-desperation/

Markets are demanding a rate cut to stay alive. This time around, nobody is sure that they will get what they want.

https://www.zerohedge.com/news/2019-08-29/first-time-ever-fed-stands-alone

Ah yes,,, New Jersey.

https://www.zerohedge.com/news/2019-08-28/we-are-going-flames-new-jersey-worse-shape-any-other-state-senate-president-admits

They never mention that water is the primary greenhouse gas.

Evidently, somebody felt that trump didn't have enough ammunition.

Did they have hammer marks?

I hope that they all devour each other. Killing Epstein put fear into everybody and, they don't know who to pay off to be safe. It's every pervert and criminal for herself.

Did you hear that the same thing happened to gold??? Neither did I.


Meanwhile, Trump is doing slash & burn.
Epstein's legacy is growing.

https://rense.com/general96/the-epstein-funded-child-porn-hub-mit-media-lab-that-murdered-aaron-swartz.php

Ellen Brown has a good article advocating that the State take over credit creation instead of the banks. Reportedly, that is what created the financial stability of Mesopotamia.

https://www.truthdig.com/articles/the-key-to-a-sustainable-economy-is-5000-years-old/

Kunstler gives a rundown on everything.

https://kunstler.com/cluster****-nation/the-g-7-blues/

[Danny B]

Armstrong and Brexit

Armstrong has an article where he talks about holding cash off to the side to buy up bargains after the crash..... as opposed to paying off your mortgage and being debt free.

https://www.armstrongeconomics.com/markets-by-sector/real_estate/mortgages-banks/

He does mention that your cash is at risk if the bank fails. I think we're going to se a lot of that. Forget the FDIC. They are capitalized to $ 23 billion but, insure $72 trillion.
Armstrong has a very good plan for straightening out the federal court system.

https://www.armstrongeconomics.com/international-news/rule-of-law/democrats-threat-to-stack-the-supreme-court-to-impose-their-views-upon-the-nation/

For those of you in Europe, Armstrong has some good ideas for storing wealth when the euro implodes.

https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/hoarding-gold-dollars-in-europe/

https://time.com/5662200/elderly-hunger-in-america/

Climate change, the pole flip and, the crash will make all of this worse.

https://www.craigmurray.org.uk/archives/2019/08/the-queens-active-role-in-the-right-wing-coup/

" The very appointment of Boris Johnson by Elizabeth Saxe Coburg Gotha was a constitutional outrage.."
Brexit is going to be messy.
Senator Calls For Probe Into Fed Independence After Bill Dudley Urges Fed To Overthrow Trump
It all smells like a setup to me. Trump, et al want to bring in debt-free money. They need to flay the FED first.

[Danny B]

Nobody knows what they are doing

I need to do lots of cites to convey the general state of the economy.
Mauldin economics; In each of these cases, negative real rates have been no panacea for the growth problems. Indeed, the span of sustained poor economic performance has increased.
Now, evidence has emerged that the US real rate, while still positive, is declining and that investors here are being forced to accept lower real yields similar to investors in foreign markets. The implication: Decreased capital returns will prolong the period of poor economic growth in the United States, as has been the case in Japan and Europe. "
"Federal Reserve is on track to do exactly the wrong thing by dropping rates further as the economy weakens. "
NO mention at all that negative rates impoverish everybody who depends on interest-income. All those insurance and pension funds,,, and savers.
"the span of sustained poor economic performance has increased."
They rob hundreds of $ millions of interest income and, wonder why the economy is poor.So, the State can go on borrowing by cannibalizing all the millions of people who depend on interest-income. This is the blob-State in action. The GOV bureaucrats will suck out the last drops of blood,,,, led by France.

https://www.mauldineconomics.com/frontlinethoughts/volatile-year-coming

Meanwhile, the money-renters in America are screaming for lower rates. Remember, they hope to sell their 2% debt at a profit when rates hit 1%.
"not to mention another rate cut by the Fed (which is priced in with 100%+ probability by the market)"
"Needless to say, the market - which is pricing in almost 5 rate cuts by Dec 2020, will not be happy by any unexpected Fed hawkishness."

https://www.zerohedge.com/economics/latest-thing-keeping-us-night-bmo

Lagarde Praises Negative Rates (But Study Shows They Reduce Lending)
NO, NO, no, the credit bubble MUST grow.


How much of it left in currency flight?
China Crypto Miners Wiped Out By Flood; Bitcoin Hash Rate Hits ATHs

https://www.bloombergquint.com/bq-bl...n-their-wealth
Bulls & Bears Enter The Thunderdome
Bull and bear are entering the Thunderdome in September and October and only one will emerge victoriously...

AOC Claim That Millennials "Most Informed, Historically-Literate" Annihilated In Scathing Op-Ed

https://www.peakprosperity.com/mass-layoffs-are-back-are-you-at-risk/

Credit Bubble Bulletin : Weekly Commentary: Dudley Sticks His Neck Out
I think that Trump intends to get rid of the FED. The existing framework just won't work for an economy where everything is automated.

[Danny B]

No more currency accords

"Between 1980 and 1985 the dollar had appreciated by about 50% against the Japanese yen, Deutsche Mark, French Franc and British pound, the currencies of the next four biggest economies at the time.[4] This caused considerable difficulties for American industry "
"By 1985, their campaign had acquired sufficient traction for Congress to begin considering passing protectionist laws. The prospect of trade restrictions spurred the White House to begin the negotiations that led to the Plaza Accord"
"The U.S. Federal Reserve System under Paul Volcker had halted the stagflation crisis of the 1970s by raising interest rates, but this resulted in the dollar becoming overvalued to the extent that it made industry in the U.S. (particularly the automobile industry) less competitive in the global market."
Next;No mention at all of the lack of confidence in crabby European currencies.

https://www.zerohedge.com/health/coordinated-dollar-devaluation-secretly-works

The whole world is in competition to keep jobs domestically. They will never agree to any kind of worldwide currency that is controlled by any politician anywhere.

[Danny B]

A few headlines to start the week




Apparently, there is an assumption that money renters will always by treasury debt, no matter what.


There are a lot of people "cashing out"



We don't need no stinkin irrigation.

Last time that israel got sucked into Lebanon, they got spanked badly.

Dorian has gusts up to 220 mph and, is moving at 3 mph. It will pound the Bahamas into the sand. For the absolute best info on Caribbean storms, go to;

https://stormcarib.com/

[Danny B]

Willie and Fulford,,,, reserve currency

Time to check in with the 2 loose cannons.
Fulford; August 26, 2019
Pentagon plans to deport Zionists as global financial reset looms

https://benjaminfulford.net/2019/08/12/will-there-be-a-sudden-earth-shattering-event-like-so-many-predict/

Jim Willie;
"An intriguing paradox is evident, whereby the USDollar continues to rise despite the global economic recession. In fact, it can be argued that the USDollar is rising in the past several months, because of the global recession. On a worldwide basis, the economy is struggling badly, especially in the West. Worse still, without a doubt, the rising USDollar is destroying the individual economies of smaller nations, one by one. The King Dollar is truly an economic machete. Numerous factors are at work. All contribute toward the continued rise of the USDollar until the systemic breakdown hits both the economy and the financial system. The sign of systemic breakdown is the bond rally, which has taken bond yields into negative territory. Nobody with a working cerebrum can claim that $17 trillion in sovereign bonds sporting negative yields can defend the current system as either normal or stable. The Fed Valuation Model justifies higher stock index values when bond yields are lower, but the model has no modern feature for negative rates."

Here is a side note where Armstrong shows the gold price in various currencies.

https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-in-currencies-2/

This paper suggests that the dollar is not threatened as the hegemonic international currency, and that most analysts are incapable of understanding the resilience of the dollar, not only because they ignore the theories of monetary hegemonic stability or what, more recently, has been termed the geography of money, but also as a result of an incomplete understanding of what a monetary hegemon does. The paper argues that the dominant view on the international position of the dollar has been based on a Metallist view of money. In the alternative Cartalist view of money, the hegemon is not required to maintain credible macroeconomic policies (i.e., fiscally contractionary policies to maintain the value of the currency), but to provide an asset free of the risk of default. Further, it is argued that the current crisis in Europe shows why the euro is not a real contender for hegemony in the near future.

https://www.tandfonline.com/doi/abs/10.1080/09692290.2012.698997

The various CBs are trying to dethrone the dollar.
World needs to end risky reliance on U.S. dollar: BoE's Carney
BOE's Carney Floats Idea of New, Virtual Reserve Currency
Carney Urges Libra-Like Reserve Currency to End Dollar

https://www.armstrongeconomics.com/writings/2013-2/can-the-world-really-abandon-the-dollar-as-a-reserve-currency/

The U.S. dollar is the preferred store of value. I believe that Trump, et al are trying to get rid of the FED and switch over to issuing debt-free money. There is no other solution for the advances of automation. With debt-free money, Federal GOV would have no need for taxing. Abandoning federal taxing would bring even more confidence to dollar holders. There would be less chance of default. The hunt for taxes is reaching criminal levels.

https://www.armstrongeconomics.com/tag/hunt-for-taxes/

[Danny B]

Finance vids,,,China slide

Keep in mind that a loan of money merits a payment of interest because the person who loans the money is forgoing current spending to spend later. All of this rationale gets turned on it's head when liquidity is created out of thin air. Also, a loan merits interest because of the risk of loss of principle. Since the CBs never face any kind of loss, why do they merit anything.

A few interesting vids.
IMF: The Days Of Being Paid Interest May Be Over Forever

https://www.youtube.com/watch?v=09gywF58KfA&t=50s

Central Banks Are Destroying the Financial System and Will Buy Everything For Pennies!

https://www.youtube.com/watch?v=sVYHuKN33AE&t=125s

Will The Hong Kong Protests Result In Civil War? (w/ TL Tsim) | Real Vision Classics

https://www.youtube.com/watch?v=2TlBNyg_G7s&t=598s

China created the largest mass migration in history. It was artificial, not organic. It is looking increasingly difficult to manage.

https://www.youtube.com/watch?v=t487ILVf87k&t=111s

Stephan Molyneux has a concise vid on how U.S. GOV ordered the banks to make loans to people who couldn't pay them back.

https://www.youtube.com/watch?v=B0OwcPCPFW8

Economic Battle Lines Being Drawn Across the Globe. Substitute "employment" for economic.

https://www.youtube.com/watch?v=0nvohS58uj4

Beware (And Prepare): The American Empire Is Collapsing
RonPaulLibertyReport

https://www.youtube.com/watch?v=AUzkdfy8GWg

Dr. Paul needs to take a more international view. Socialism will take down a government just as well as militarism.
Germany's SPD wants to target super rich with wealth tax .
That includes China.

How convenient.

How very unfortunate for China

Joel Stein,

https://www.latimes.com/archives/la-xpm-2008-dec-19-oe-stein19-story.html

As long as Trump refuses to blow up the world, he will have a lot of enemies. I fear that the IRGC and Hezbollah will take this as a sign that they can march into israel without worrying about Pox Americana.

"If the current bubbles follow the pattern of all other speculative credit-driven bubbles, they will pop, without much warning and with devastating consequences for all those who believed the bubbles couldn't possibly pop."
"What happens when these monstrous speculative bubbles pop? Trillions in phantom wealth vanish, pension funds go broke, states, cities and counties are insolvent, and nest eggs invested in speculative assets dry up and blow away."

http://charleshughsmith.blogspot.com/2019/09/labor-day-reflections-on-retirement-and.html

This is a good article and, you should read it. There is something VERY important to remember.
Regulatory capture has allowed the banks to privatise the gains and, socialize the losses. If recent history is any guide, when the collapse hits, the banks will simply take all your money and say that they need it. It is all very legal under the bail-in laws.

[Danny B]

https://www.zerohedge.com/news/2019-...ptember-begins

https://www.zerohedge.com/news/2019-09-02/ecbs-yves-mersch-warns-libra-cryptocurrency-facebooks-siren-call

"Williams believes further Fed interest rate cuts are cutting, money printing madness quantitative easing (QE) likely to follow. Will monetary policy and tax cuts strengthen economic conditions?

Corporations used their windfall for executive pay increases and bonuses, stock buybacks raising valuations, mergers and acquisitions to reduce competition, dividends to shareholders, and stashing trillions of dollars in offshore tax havens.

Economic growth depends on productive investments, creating jobs, absent in the US, its industrial base and other high-paying jobs offshored to low-wage countries."
Gutted by the global mean wage.

https://stephenlendman.org/2019/09/another-us-great-recession-coming/

"The list is long for the intentional de-industrialization of production. Most intuitively understand that the elimination of good paying jobs is not an accident. Perceptive individuals even know the reasons and players who systematically promote the most perverted of all caught phrases, Free Trade. "
"With each passing day the crumbling society, that surrounds our communities sink deeper into national insolvency. Working harder or even smarter will not provide the ladder to climb out of this abyss.

The triumphant middle class is rapidly becoming the beholding subsistent underclass.

In order to reverse this debacle the entire superstructure of globalization must be overturned. It is better to face the inescapability of the inevitable fiscal cataclysm, which stems from the debt crisis. When the dollar collapses and the debt obligations repudiated, the country must demand rational and balanced trade protectionism and re-industrialization of a manufacturing economy. The goal is to re-create independence through product self-reliance. Closing of the borders from transnational dumping from abroad is imperative to put Americans back to work."
Labor in America Does Not Pay

"In the last two centuries, all wars have been machinations orchestrated by bankers pursuing two very simple objectives: profit and a world domination that bears a name: the New World Order."
"When a country goes to war, it borrows money from private banks that lend funds that they create out of thin air. Now, bankers will not only get back the funds that they never had, but will also charge interest on these loans. They will even change the interest rate at will, trying to hold in their laughter. Next step, countries will use this fake money to buy military equipment from industries in which international bankers are major shareholders or partners in investment. This equipment is then used to destroy as much infrastructure as possible in the countries at war, so that everything needs to be rebuilt by governments that will borrow more money from bankers, to pay construction companies partially or totally owned by bankers. This is why carpet-bombing on civilians was invented."

https://www.zerohedge.com/news/2019-09-02/guide-real-history-profit-world-domination

Once again, we see enormous perverse incentives that lead the bankers to continuously push for war.

Futures Slide After Trade Deal Hope Turns To Dread Slash & burn.
As FedSpeak-Fest Begins, Trader Fears "Cure Has Become Worse Than The Disease"

https://www.zerohedge.com/news/2019-09-03/fedspeak-fest-begins-trader-fears-cure-has-become-worse-disease

China Lodges Tariff Complaint Against US With World Trade Organization
China is the second largest economy in the world. Just the same, it demands special preferential treatment because it is an "emerging market".
Trump US Slaps New Tariffs On China ...One Minute Later China Retaliates
Rebels Willing To Lose Their Jobs To Block 'no-deal' Brexit
Whatever it takes to make the City of London bankers happy.

Former US Military Official Calls AI-Run Nuclear Arsenal More Of A Threat Than 'Killer Robots'

https://en.wikipedia.org/wiki/Colossus:_The_Forbin_Project

Japan's Population Is In Rapid Decline : NPR
We need a sense of crisis over depopulation | The Japan Times
Japan's fertility crisis is terrifying and unprecedented - Business Insider
MAYBE, there is a connection.
Is Elon Musk Right About Global "Population Collapse"?
Elon Musk continues to suggest a population collapse is in store within a few decades time

https://kunstler.com/cluster****-nation/the-quickening/

[Danny B]

https://www.nestmann.com/how-the-next-global-financial-collapse-will-unfold?inf_contact_key=445b0b4836506e7e68768a9baa347d4b680f8914173f9191b1c0223e68310bb1

https://www.armstrongeconomics.com/armstrongeconomics101/economics/lebanon-declares-state-of-economic-emergency/

https://www.armstrongeconomics.com/armstrongeconomics101/ai-computers/only-a-computer-can-forecast-what-no-human-has-witnessed-in-modern-times/

https://www.armstrongeconomics.com/world-news/corruption/dark-forces-the-dying-embers-of-freedom-of-speech/

It is painfully clear that the NYC banks are the central focus point of corruption.

Another good article on corruption.
"The Thai military in its coups has followed the same path. Their interventions and unlike those of various military dictatorships in European history. They step in, deal with corruption, and then surrender power back to the political state."

https://www.armstrongeconomics.com/international-news/thailand/thailand-its-military-coups-are-different-from-the-west/

Rense,
If The Debt Machine Was Turned Off, The US Would Immediately Plunge Into Horrifying Depression

The Fed's Not A Politics-Free Technocracy It's An Agent Of Redistribution To The Top
No financial bubble can ever be stable. It invariably grows until it bursts. The bubble demands that new loans be created to roll over old loans + interest. How does that work with a falling population? How does that work with falling purchasing power? A smaller population consumes less. A falling standard of living entails less consumption.

Pakistan To Distribute 5 Million Chickens To Tackle Malnutrition Problem
Better to distribute chickens that to start a war with India as a diversion.

Israel Evacuates Soldiers From Military Base Hit By Hezbollah

Hezbollah Chief Says All Israeli Forces At Risk In Case Of New Attack On Lebanon

'No More Tolerance Of Israel Over Lebanese Airspace' Hezbollah Head Signals 'new Phase' Of Conflict
Lebanon has an economic emergency. Will they attack israel as a diversion?

Is the Fed Preparing to Topple the US Dollar?

https://www.globalresearch.ca/is-fed-preparing-topple-us-dollar/5687786

Another interesting paper from the same people.
"The UAF WTC 7 report concludes that the collapse of WTC 7 on 9/11 was caused not by fire but rather by the near-simultaneous failure of every column in the building."

https://www.globalresearch.ca/fire-did-not-cause-3rd-tower-collapse-911-new-study-finds/5688098

NO, Wait! Wall street has already priced in a cut 100%.



This is so STUPID. I invested in tulip bulbs. They are rare and valuable.

[Danny B]

https://www.aier.org/article/economic-future-negative-interest-rate-world

Emerging Market Central Banks Panic With Most Rate Cuts Since Financial Crisis
And they wonder why their currencies slide down.

Jim Willie writes about the rising dollar paradox. It's all tied to confidence.
King Dollar Paradox: Global Reserve
Armstrong, "Our computer forecasts the start of what we called Big Bang that began 2015.75. That was more than just the beginning of crazy negative interest rates and the start of the Sovereign Debt Crisis, which is becoming painfully obvious at the state and local levels. The crisis will expand into the federal levels probably around 2021-2022 in Europe and then Japan. "
Armstrong has clearly warned that municipal and State debt will blow up first.
"It is ALWAYS economics which create political change."

https://www.armstrongeconomics.com/international-news/politics/computer-v-influence/

Brexit
London's reign as the world's capital of capital is at risk -
City of London downbeat over EU market access after Brexit
"Likewise, this aids those in Britain desperate to keep their perks and pensions in place so they are selling out Britain for personal gain using the same issue as trade."
"So far the Euro/Sterling Cross has been following the forecast array perfectly. The low was March followed by the breakout May/June with a Directional Change due in September. The next target is November followed by January."
"What is very clear is that the financial markets are far more afraid of Labour taking power than BREXIT. We do not see any reversal of fortune for the pound and its long-term decline before 2021. Labour has become extreme. They will most certainly destroy the capital formation in Britain perhaps once and for all."
Armstrong is definitely a cheerleader for the banks.
"China will listen to the US news which will show Trump losing 2020 even if you put a monkey up as the Democratic candidate. The press is so against Trump that they will turn this trade issue into real insanity."

https://www.armstrongeconomics.com/international-news/britain/brexit-the-attempt-to-delay-until-january-2020-ecm-turning-point/

The politicians would never allow a turndown in the markets so, they eternally goose them.

Yeah,, right

That might have something to do with the "money" supply being the highest in 5,000 years.
The Trump effect,


Of course, wage deflation and population deflation don't enter into the equation.

No mention of negative population growth

NOPE, they are paralysed by the absolutely horrible qualifications of the field.

[Danny B]

More speed bumps

China desperately needs to earn dollars to service dollar denominated debt.
U.S. imports of advanced technology products from China in the first seven months of the year fell by nearly $20 billion
EU Bank Bosses Warn Of "Grave Consequences" If ECB Keeps Cutting Rates

https://www.zerohedge.com/news/2019-09-04/eu-bank-bosses-warn-grave-consequences-if-ecb-keeps-cutting-rates

ZIRP is destroying the banks. Maybe it's all part of euthanasia of the rentier.

https://www.presstv.com/Detail/2019/09/05/605393/US-collpase-inevitable-Ron-Paul-Lendman

Amazon CEO Jeff Bezos Sells Stock Valued At $1.8B - CRN

" Stocks have liquidity, and potential return (or loss), but no safety of principal. Treasuries have a stated return, and a high degree of safety. However, in order to guarantee the stated return, Treasuries must be held to maturity"
ALL governments eventually default.

https://realinvestmentadvice.com/no-bonds-still-arent-overvalued/

[Danny B]

https://www.armstrongeconomics.com/armstrongeconomics101/training-tools/the-club-why-the-majority-must-be-always-wrong/

Armstrong writes about demurrage currency.

https://www.armstrongeconomics.com/armstrongeconomics101/economics/currency-which-expires-thats-the-solution-or-just-cancel-it-all/

Socialism and communism just don't work. BUT, a fully automated economy with nobody working won't work either.

"There was a somewhat successful call yesterday between US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He. The call concluded that the US and China will resume trade talks in person at the beginning of October."

https://www.nasdaq.com/article/the-monetary-policy-endgame-cm1207679

"add more, debt"
There you have it,, clear as can be. Printing debt-free money will add more debt.
The battle rages on. The money renters don't want to see their niche wiped out. Automation will wipe out something eventually.

[Danny B]

$120 billion"
They also receive about $2 billion from the FEDs. This is all shown in the comprehensive financial report.

All public entities are required to file a comprehensive financial report. Walter
Burien at CAFR 1 reports that the aggregated wealth reported
by Government agencies amounts to $237 trillion.

Remember that Keynes projected that we would all be so wealthy by ABOUT 1980-90 that we would only have to work about 15 hours a week. George Jetson works 1 hour a day, 2 days a week.
There is an enormous amount of liquidity floating around but, it just isn't within reach of those who do the actual productive work. To make matters worse, there are 96 million Americans who are not in the labor force.

Shumpeter came up with the idea of "creative destruction". We need to constantly destroy stuff so that we can continue to work and, produce new stuff. The military spending is about $1 trillion a year. Federal debt service is about 1/2 trillion.
Surprise! You Work Nearly 4 Months Every Year Just to Pay taxes.
About these taxes;
"Not one dime of IRS money goes to the US Gov't", according to Reagan's Grace Commission: it all goes to pay interest on a bogus debt to the Private Federal Reserve (FED), just to allow paper money to circulate as "Federal Reserve Notes".

Why does the UC system need to gouge students so that it can amass a fortune of $120 billion?
Why do 37,000 government agencies need to amass a cumulative fortune of $237 trillion?
Keynes said that we would only need to work 15 hours a week. The banks and the State steal a LOT of our earnings. Suppose that we only worked 15 hours a week. There would be far less to steal. Suppose that we redesigned our military for domestic defence only?

Automation, outsourcing and a global mean wage have crashed down consumption. There is no escaping low wages as long as automation keeps destroying more and more niches formerly occupied by humans. With consumption and legitimate credit demand falling, there is no possible solution in the world of Keynesian economics. The CBs create megatons of mega pixels that are supposed to serve as a store of value. They wonder why the interest rate has fallen. All the "money" that they have locked away is frozen in the upper loop where it is unavailable to the mass of consumers.
That may have sounded like a good idea at one time but now, starvation and revolution are entering the stage.

While the money renters are keen to keep their advantage, they also don't want to see revolution and general destruction. South Africa is at that stage now. They have started looting and burning. The fuel companies are refusing to deliver fuel. Things will crash pretty rapidly without fuel and food.

The PTB are looking for some way to avoid worldwide revolution. In the upcoming crash, most of the notional wealth is just going to evaporate. 5.1 million Americans starved to death in Great Depression one. That was back when 44% lived on the farm.
NIRP, ZIRP and the rest of the BS that was designed to keep the banks in power and, create a trickle down effect for the middle class are a complete failure.
MMT was bandied about to see the reaction. The money renters HATE the idea of free money. It looks like universal basic income will be used as the antidote for crushing poverty that promises to accompany the emerging collapse of the State.

https://www.youtube.com/watch?v=OQjrhIyaPyg&t=120s

https://www.youtube.com/watch?v=aIL_Y9g7Tg0&t=317s

https://www.youtube.com/watch?v=0Qj6AU7dRrA

The CBs would like to maintain control;

https://www.youtube.com/watch?v=Q3BjMUd391c&t=730s

I'm not sure what Powell is up to.

https://www.youtube.com/watch?v=KrzIyfiDb44&t=236s

Negative Rates Multiplying At A Staggering Ratehttps://www.peakprosperity.com/its-t...hat-kills-you/


What do you mean "absurdity"? Some people made a LOT of money.

[Danny B]

Who will hold power?

WaPo Warns USA Needs More Narrative Control As Pentagon Ramps Up Narrative Control

Putin Warned Bush About Impeding Attack TWO DAYS Before 9/11 ' Ex-CIA Analyst

Is The US Government The Enemy Of The People? America's Enormous Post 9/11 Lost Liberties

US Unemployment Rate Is 'Grossly Underestimated' By US Labor Department Numbers - Fakery Of Trump's 'Booming Economy'

DARPA Plan For Total Control Of Free Speech - Vid

HARPA- Trump's New Social Credit Plan Partners Big Tech And Govt To Attack First Amendment

US Army Major (Ret.) - We Are Living In The Wreckage Of The War On Terror

9/11 & The Road To America's Orwellian Hell

Suicide Rate Rising In US, Especially In Rural Areas

Former ADL Staffer Appointed Head Of Orwellian Office For The Prevention Of Hate Crimes In NYC

Assuming that the world goes into economic meltdown, just how much incentive will Americans have to try to preserve the old system,,, the police state,,,, the military-industrial power complex,,,, the banking dynasties,,,, the control structures?

[Danny B]

As your company grows, incompetence grows exponentially and competence grows linearly.

https://www.youtube.com/watch?v=6Q0PCDEJWek

Governments employ 20 percent or more of workers in nine states
Government Workers Now Outnumber Manufacturing Workers
So, there are 23 million at all levels who work for GOV.
square root(23 million) 4795.83152331

"Pareto principle

"The Pareto principle, also known as the 80/20 rule, is a theory maintaining that 80 percent of the output from a given situation or system is determined by 20 percent of the input."
"Applying the Pareto Principle to business metrics helps to separate the "vital few" (the 20 percent that has the most impact) from the "useful many" (the other 80 percent)."

50% of current work activities are technically automatable by adapting currently demonstrated technology.

https://www.mckinsey.com/~/media/McKinsey/Featured%20Insights/Future%20of%20Organizations/What%20the%20future%20of%20work%20will%20mean%20for%20jobs%20skills%20and%20wages/svg_WorkFuture_V9_Ex5_rj.ashx

Parkinson's Law
The Mathematics of Bureaucracy
"Weber's criticism of bureaucracy is probably closer to how many people see it today. John Pourdehnad, management consultant and educator, agrees with Weber's criticism, writing on his blog that a bureaucracy "takes steps to preserve itself: It makes work and introduces red tape, and it imposes nonfunctional requirements on others, which 'justify' the made work."

Pourdehnad also adds that because people are being promoted based on seniority rather than merit, the bureaucratic organization continues to grow uncontrollably. "Since performance is not critical for survival, size is. ...Therefore, growth becomes an objective because it is an efficient way to secure survival," he argues."
"work expands to fill the time available for its completion" and in bureaucratic organizations, the number of people required to do the work will continually rise whether the actual volume of work stays the same, increases, decreases or disappears."
"According to Parkinson, this occurs because workers want to multiply subordinates, not rivals, and make work for each other. For example, an overworked employee wants to diminish the amount of work he has to do. He can either: 1) resign, 2) halve the work with a colleague of equal standing in the company or 3) hire two junior employees to work under him.

The first option leaves him jobless, and the second brings a potential rival for a promotion. The third option is the only one that allows him to keep his standing in the company while allowing him to do less."
Growth per year "The percentage will "invariably prove to be between 5.17 percent and 6.56 percent."
"The three assigned efficiency curves to workers throughout their life and computed the time when they should optimally retire, or what Parkinson referred to as the "Pension Point," to ensure a "maximum efficiency within the body."

The physicists also came up with a way to quantify how large a committee can grow before it becomes inefficient. The number they came up with is 20 "
"They found that groups with fewer than 20 members tend to reach an agreement whereas those with more than 20 splintered into groups that agreed within themselves but remained deadlocked as a whole. Additionally, the computer simulations found one number of members that ended with a high probability of deadlock: eight. (It is perhaps worth noting that 90 percent of small businesses in the U.S. employ fewer than 20 people"
"In 1955, Parkinson noted that no nation had a cabinet of eight. As New Scientist points out, only one British monarch in U.K. history had eight council members: Charles I. His and his cabinet's decision-making led to the English Civil War and eventually his beheading."

https://www.thomasnet.com/insights/imt/2009/01/20/the-mathematics-of-bureaucracy-explains-how-they-grow-and-at-what-point-they-become-inefficient/

Automation eliminates entire niches of jobs,,, the simplest jobs first. The remaining jobs demand better skills.

https://www.youtube.com/watch?v=fjs2gPa5sD0

The State tries to hire those who have no niche in the private sector. But, the State is in the process of going broke. The schools were oriented to preparing our children to be good little cogs in the machines. The machines no longer need such an influx of cogs. It also has a lot of old cogs that don't fit in any current machines. 10,000 cogs retire every day to collect SS. That will go on for the next 18 years.

The economic collapse is inevitable. GOV debt is growing faster than exponentially.
What is the fate of the un-necessary cogs?