There are no BOOM AND BUST cycles anymore, at least not in the way you were taught that they NORMALLY BEHAVE. Traditionally, credit contracts, then profits shrink, the stock market falls, and personal income dries up last, as companies are forced to lay off people. The response is, therefore, pretty straightforward in those cases: the banks expand credit, profits grow, the market recovers, and income levels flow once more, as companies hire.
This pandemic has changed all of that. Credit is ACTUALLY EXPANDING while income levels have gone down by 30%-40%, so spending FROZE AS WELL.
Washington understood this very quickly. It realized that with 20 million people effectively unemployed, it had to PAY A VISIT to its WELL of free currency, print trillions, and REPLACE THE LOST INCOME that millions of Americans already living paycheck to paycheck had been short on.
These programs are good until August, so expect the government to do INSTANT REPLAY and unleash another round of programs since the spending WON’T BE THERE because the income won’t be there.
As a society, we face a TOUGH CHOICE: do we let capitalism roam free, signaling to these 20 million low-income workers, who have very few market skills, that they need to REINVENT THEMSELVES and find ways to deliver value, digging themselves out of the hole, meanwhile subjecting them to poverty while the markets are supplied with an overflow of credit, creating reflation bubbles and enriching the ALREADY WEALTHY, or do we double-down on state capitalism and this DEFICIT-FUNDED SOCIALISM, which brings the debt restructuring nearer?
Courtesy: Zerohedge.com
There’s clearly A HUGE PROBLEM here since income drying up hurts the spenders first, those that are living paycheck to paycheck. Who can survive lower cash flows? THE DOMINATORS! They have reserves, their products are more essential, and they can tap credit sources easily. In turn, which people can withstand lower cash flows? Those with SAVINGS (that are not struggling, going into this).
GOLD is BEST-SUITED to withstand these shocks and you can see that it is performing better than all other asset classes in the above graph.
Unlike government bonds, gold is NEVER IN A BUBBLE. It is limited by nature and the inability to find large quantities of it. It is NO ONE’S counterparty liability and it NEVER gets destroyed. If you pass a gold eagle down ten generations, it will still be there, even 250 years down the road.
Courtesy: Zerohedge.com
The government is walking A TIGHT ROPE because at one point or another VERY SOON, the cost advantages of just printing currency will be less favorable than restructuring the debt!
For gold, that would be a key milestone since its relative value WOULD JUMP overnight.
Bonds will not be deemed safe anymore!
What we have here due to the RESTRAINTS OF COVID-19, is a baked-in DURATION MISMATCH between the lost incomes of 20 million Americans, who might be out of work for a full year and the size of programs, which HOWEVER BIG, can only last four months (Until August 2020).
Even if half of the workforce finds employment, the country is left with 10 million unemployed, which is how 2008 ENDED at its worst. In other words, the economy has CHOPPED-OFF the head of the monster and it isn’t looking pretty.
There’s NO DIVERSIFICATION among governments of Western societies: the U.S., Japan, Europe, and others are all PRINTING, so there’s a clear trend here.
They all feel that the END-GAME is approaching, so if debt restructuring is close at hand, why not PRINT NOW and forgive later?
GOLD IS GOING TO $2,000 very soon!
The corporate sponsored BLM movement is just a distractionary psy-op for conveniently changing the narrative any time that the PICs ( psychopaths in control ) suffer narcisstic injury from exposure of their Corruption Virus.
Presently, the majority of banks, technology, and paid speech media outlets happen to be dominated by Jews.
Anyone who has even a limited understanding of American history knows that when Anglo-Saxon Christians dominated in those arenas, the outcome was precisely the same.
The majority of Jews in America until after the second world war were typically middle class. That changed after world war two.
This seems to be by all realistic analysis, an orchestrated deep-state led effort to incite a civil war which seeks to replace predatory white Jews, with predatory white Christians, while leaving the same predatory system in tact, without changing the system itself.
The high school drop-outs may fall for it. I doubt that anyone else will.
It was the Biddles that Andrew Jackson had defeated when he nationalized the money supply providing America with its only debt free year in American history. It was the Morgans, the Mellons, and the Rockefellers that FDR should have defeated but chose to collude with instead. None of those Anglo-Saxon robber barons were honest people. They were all horrendously corrupt, abusive, predatory fraudsters, the same way that today’s PICs happen to be.
If the goal is to defeat the corrupt PICs, it would be wise not to provide them with the ammo that they have mistakenly revealed to us that they are so desperately seeking, and just seek to replace them since they have abused their positions of power, and replace the system itself.
Those calling for race wars that are not currently in positions of power, have also revealed that they would prefer to be the PIPs predators in power.
That is equally unacceptable.
The predation and corruption must end, regardless of race, ethnicity, or religion.
Andrea Iravani
Excellent general summation. Secret Societies, Jacobite Freemasons, Frankfurt School of Economics, Zionist’s, Jesuit’s, Kharzarian Mafia etc. Same people & groups behind JFK’s fate, Nazi Germany’s attack on it’s people in WWll, Twistory is written by the EL-ite not scribe’s. Hopefully enough educated people are aware of the Masonic system of rule & the Club of Rome’s Masonic roots. All roots meet & connect underground. Occulted truths & epistemological origins hold all the Kryptonite to unravel the Gordian Knot of lies & deceptions.
Those that can make you beLIEve absurdities can make you commit atrocities.
Debt has always been the control mechanism. Right now we do not need most of the human population. That is the raw fact. The math is stark: there is now no longer enough time or resources to provide a middle class life to the world’s rapidly growing population. The idea that all we need to do is get more black people into Harvard is a joke.
As anyone in Africa can tell you, population is growing faster than civilisation. The BLM mob rule is just one symptom of this.
We are now in the first of the squeeze. The first step is to move most of this surplus population on to government dole. Then to kill off all small businesses. Step two is to shrink the calories available to people on government dole. As sickness and poverty and despair spread, so will deaths. The third and final phase is to do what the Germans did to great success in WWII. Create ghettos where diseased populations are moved away from prosperity zones where the smartest and best people will live. The smart grid will make sure the best people will be guided around the ghettos and the ghetto residents will never be able to leave because they will not have enough credits.
In today’s system, all money/credit is created as debt. It is loaned into existence and compound interest (usury) is added. The compound interest is the reason the supply of money/debt must continually grow to keep up with the growth of the interest. This means a constant creation of more money to pay for this interest.
When debt is paid back or even defaulted on, that money is destroyed. What is left is the compound interest that has been paid to the financial sector. It is why this sector keeps getting bigger and bigger as they feast on the rents they charge for creating money out of thin air. They don’t particularly care if the principal is paid back, they live on the interest.
If all the debt was paid back or defaulted on, there would be no money supply since all money is created as debt and is destroyed when paid back or defaulted on (or restructured).
This is the reason for the huge amount of money being created right now. It is to replace the huge amount being destroyed by bankruptcies and defaults caused by the shut-in businesses. If the Fed did not create these trillions, the world would fall into a deflationary depression worse than any seen by anyone alive. They will continue to print as long as there are defaults.
ps. when I say “money” I mean digital currency and not Constitutional money.
You can’t handle the Truth:
* Politician theft. Any Excuse to steal money.
* Politician power grab. Any excuse to CONTROL your every move. Now the politicians have a new boogy man to drag out when convienent. Control by FEAR.
* Banker FRAUD. FED Fraud. TRILLIONS in debt.
* Media liar fear mongers. Media does NOTHING but LIE.
* Rubber band StarTrek “science”. (“Experts”, my ass.)
* Inaccurate/Falsified Data sets.
* Looters-Burners-Rioters ALLOWED to do criminal acts by the weak AntiAmerican COMMUNIST politicians. Calling cop killer criminal thugs “protestors”.
You criminals are the ones that need Police protection. I DARE you criminal “protestors” to visit my home town. They will deal with you properly. That is why you idiots stay to the big cities controlled by AntiAmerican globalist bed wetter communist.
Will nothing wake you up?
The boot is on your neck. You do NOTHING.
*You Amerikkans make me sick. Damn Cowards.
*Go ahead and line up for your biochip death vaccines provided by Bill Gates and genocidal rich friends.
Now it is time to do chores.
And open my BUSINESS.
Message for my states politician dirt bags:
Piss on your “orders”. Politician control freak puke vermin.
I will feed my family. Your “orders” be Damned.
And “No” I will NOT be wearing a chicom/criminal mask.
Do NOT Comply.
Do NOT Obey.
What will it take to make you people angry enough to stop this mass media brainwash INSANITY?
You people have ALL lost your minds. And courage. If you ever had any?
-enough- “Enough is enough, and Enough is too much.”