TRUMP SAYS: HUNTER MAKES FORTUNE FROM SHADY DEALS!
BIDEN FAMILY STINKS TO HIGH HEAVENS OF CORRUPTION!
DON'T GET LEFT OUT: HUNTER MUST BE STOPPED!
This article was contributed by our James Davis of Future Money Trends.
Throughout this weekend I’ve had a chance to TRULY sit down with the data and process the TANTALIZING and UNMATCHED actions taken by both the world’s central banks and governments to COUNTER the blows of the forced-upon quarantines, curfews, and shutdown of non-essential businesses WORLDWIDE.
It should be CRYSTAL CLEAR to you by now that our fiat monetary system ONLY works if borrowers can service the debts they undertake and if central banks continue papering-over mistakes until the whole thing CRASHES by the force of its weight.
Once loan servicing becomes OUT OF REACH, everything and everyone, no matter how frugal, patient, or mindful they’ve been in their own lives with their finances, GETS HURT by the impending train wreck.
All of the world’s assets are priced based on the level of optimism displayed by our collective sentiment. When times are good and someone feels that their business is doing well, one may originate a mortgage, take their family on vacations, dine out, and enjoy recreational activities.
When things look like the chart below, though, “things” are worthless:
When an event the size of the global pandemic we have with the COVID-19 disease erupts, ALL BETS ARE OFF. Our system, this fractional reserve lending debt bubble, ONLY functions in times of expansion. It suffers from an almost IMMEDIATE cracking effect the first second something holds back the wheels of the Ponzi-like scheme of fiat monetary banking.
This system clearly ISN’T FAIR. If a government can simply decide to take on $4T of sovereign debt by CASTING A SENATE VOTE and a central bank can SIMPLY make asset purchases by issuing a SEEMINGLY infinite amount of currency units, we should be SERIOUSLY QUESTIONING the validity of this structure continuing much longer.
This is the most critical week since the Covid-19 disease was declared a pandemic. In the U.S. alone, there are over 110,000 REPORTED CASES and that means that the real NUMBER is probably in the neighborhood of double or even TRIPLE that amount.
10% of Americans now say they know someone who carries the disease.
Both the federal government and the non-Federal Reserve Bank have LAUNCHED stimulus packages, which are far and above anything the world has ever witnessed before.
Trillions have been announced and trillions have ALREADY been invested, so if we don’t want to see $12 trillion of our money, our children’s money and our country’s money GO DOWN THE DRAIN, the government must flatten the curve this week or face a disastrous outcome.
We don’t have to look at the numbers to understand whether or not this is more lethal than the seasonal flu, but we have to treat it like it is. Even if the mortality rate is 1%, the TOTAL number of people catching it is huge.
There are over 30,000 deaths worldwide thus far and the reported number of cases is closing in on 700,000. We can assume that the number is probably over 5,000,000 and growing. The measures taken to stop the spread are ADMIRABLE.
Never did I think that we would see a time when virtually all of the resources at our race’s disposal would be devoted to defeat one problem, yet here we are.
This pandemic is so ECONOMICALLY disruptive that even after all of the bailouts were announced, banks still DON’T trust each other and still charge EXTREMELY high rates from counterparties in overnight lending.
We have entire countries where citizens are staying at home in nearly 150 nationalities.
Before the world’s governments begin to release the masses into society, the healthcare system must be ready to absorb the increasing number of patients, since what my sources are telling me is that some hospitals have so few respirators that patients have to sign a waiver, stating they understand that they might not receive one.
It’s that bad in some areas.
Therefore, once every American PERSONALLY knows at least one family member, friend or co-worker who is fighting for his life, the working thesis is that the baby boomers will begin liquidating their portfolios in droves.
Therefore, the Federal Reserve is buying a gargantuan quantity of stocks, bonds, and mortgages. After 2008, we all KNEW that in the next crisis the FED would be unstoppable since the markets are ADDICTED to it.
The more DELUSIONAL the system – where governments borrow at 0% from other governments, their own central banks or the public – the more STUPIDLY HURTFUL the inevitable JUBILEE or DEFAULT will be.
The more we wait, the more this mess will come back to bite us hard.
We simply have a screwed up system, which we inherited from Richard Nixon’s decision to take everyone off the gold standard in 1971.
The price of oil has CRATERED so badly that the energy industry is on the verge of mass bankruptcies if it isn’t restructured.
As you can see, gold has been such a key asset to own.
In the weeks ahead, as corporations and everyday Americans receive the bailouts, I expect the dollar to fall so hard that it won’t KNOW WHAT HIT IT!
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10% of Americans might know if somebody diagnosed as having it but doesn’t mean they do as I have witnessed
Satan is in charge, and out of control!
The lost tribes of Israel went from worshipping a golden calf to worshipping a bronze bull.
If this is such a nightmare thing and we have to go into panic mode and ignore the Constitution over it to be even a little bit safe from it, how many people do you actually know that have caught it (it, not something that may be it or the common flu)a and of those how many have died from it?
Now, how many people do you know that have caught the common flu this year?
just one, so far, of my friends have died from it. 2 others had it, and so far, haven’t gone to hospital……if yer askin’ ME…..i don’t know anyone that has died from the flu this year. my brother did die from flu, 5 years ago. but how are you comparing this to the flu, when covid has only been around americans for only 2 months? i suppose you should come back and ask your question in 10 more months…..do you think you’ll not know someone that has died of covid by year-end?
Wife’s sister on a ventilator 5th day now.
Prognosis not good.