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Thread: Your "Economy" summed by michaelr.......you're welcome

  1. #21
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    All right, I went camping last weekend, and it takes a day or two for me to recoup. Nerve damage is a bitch, but alas, I'll just pick up where I left off. Plenty of "good" news, if your pushing for the big reset, I think that's what it's being called, and you really need a massive crash.

    HSBC to charge for holding deposits ....Hey no worries, see, cash is about to be outlawed in the EU. It's the only way to prevent a bank run. Hey people, let this be your warning, I ain't gunna give to many more. Here is the truth, if you don't hold it, you don't own it. Now get your cash converted to silver or something and hang on to it. After they outlaw cash, preventing bank runs is as easy as shutting off your plastic.

    Negative rates, that says it all. See, when actually looking at the value of currency, one shouldn't compare it to another. That became the norm thanks to the idiot Keynsians, but the true value of your currency can be determined by the rate of which it is borrowed. When they tell you that ZIRP is a good idea, not only are they manipulating the rate so they can borrow the hell out of monies, but they're telling you that your dollar is worthless. It is.....it worse then worthless at this point, it's a liability, but, hey, these smart motherfuckers have a new trick, a negative rate. Good Lord. Let me ask you all something. Who in the hell is going all in on a negative investment? Sure, the rates might raise in the future, but you must maintain the negative until it does. Then, you must wonder about the ramifications of a future rate increase. If it does increase in the future, it's going to have to be enough of an increase to pay back the monies lost, and then some. Really, anyone here stupid enough to see that happening anytime soon? Not me!!

    What does that mean? Well that's simple. You just have to understand why the need for QE. No one buys the bonds so the government must monetize the debt, but if the bonds don't sell the yields increase, and the government defaults. So, they act like the central banks are buying them. Crazy huh? Oh it's worse, they give nothing for them, but they'll get their trillions.......across the globe, it's like $72 trillion that they'll get, and that's larger then the global GDP, and that GDP has fallen off the cliff.

    Moving on....

    Wal-Mart sales miss estimates as shoppers save more, spend less ...these guys got this article, therefore this title, from Reuters, liars. People aren't saving, that's not why they're not spending, and Reuters knows that. Fuck that makes me mad. The scum media should be on our side, forget that, they are paid to lie.

    I said a bunch of years ago that Wal-Mart employees will not be able to afford Wal-Mart. It's so fucking simple that even a simpleton such as myself can see that!!

    Reinforcing negative trends that were already underway… it’s possible that we are experiencing a “Great Reset.” ..... I think that I should be able to tell you when the worse of the great reset will happen, to some degree of accuracy. That's me saying it's not if, but when, and the reality is, we're in the first stages, and have been for a while. It will take a world war I'm afraid, they need a monopoly on the money supplies, because only in that means can they dictate what money is. Weird enough for one day? It's true, and it is weird. More on that latter.


    Iowa Spent $50 Million to Lure IBM. Then the Firings Started, 50% Of Staff Sacked; What A Recovery! We have this weird, and sick to the bone, media campaign happening. Man, they actually have people drooling to go back to Iraq thinking they're going to fight ISIS. What a load of shit, ISIS is NATO's new foot soldiers, and why the hundreds of thousands of pink slips for the troops and officers. That's another thread. You also have this weird "everything is normal" campaign, where relators, retailers, auto sales people, man you name it, it's across the board, and it's like this projection that we actually have an economy. Hey people, we have islands of economic activity in a sea of third world bullshit. Iowa believed the propaganda. Afuckingmazing!!

    I'm throwing this one in for fun and sport.... Air Bag Recall Expanded: Is Your Vehicle Affected? ...Bullshit. I'm here to say right now that I will not be one little bit surprised to learn that the feds are paying for all this. Auto's are not selling. I can show you images of acres, miles, of cars.....bran new, collecting dust along runways, speed ways, and just open areas. Bailout coming up!!

    Best Financial Links (Tuesday): ‘Rapidity of recent European bond selloff is worrying’ ... I've probably said a few dozen times, forget the stock market, watch the bond markets. See, in QEland, and a No Demand Ville, your corporations only make money when the fed drives up the stock market. They call this your debt, you are on the hook for this criminal activity. It hides lots of truths. Well, the bond market is a bit different, you can't hide that truth, but your so called "greatest media" known to mankind, will ignore it for you. Don't let them, it will kill you IO guarantee it!! Now look at the oil graph. Saudi and the US needs those futures up as the oil companies borrowed on them. They are leveraged to the hilt, and the defaults along with job losses are well under way. I have thread explaining how oil will be the death of the economy. The bombing campaign, waged only to drive oil up, isn't working. Oil has increased.........slightly, but the market will not even handle that.

    Well, that's it for now. Read the damn links, stick to the topic, and have fun....oh, and about the cashless society, fight that with everything you have, else you'll have nothing....I mean it!!

  2. #22
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    ‘EARLY WARNING': 32 STATES FACE FISCAL CRISIS…. THREATENED FURLOUGHING AS MANY AS 15,000 WORKERS… 40% OF UNEMPLOYED HAVE QUIT LOOKING FOR JOBS…

    I told y'all man, we're conflating with Mexico and other third world hell holes. Think like this, you live in Detroit, you just don't know it, but you're fixing to find out.

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    Bwahahaha another one star rating, someone hate me....or just the truth.

    Anyway, let me play Devils Advocate for a moment. My disclaimer: I don't believe the government is stupid. I'll play along though...

    The government needs to know the ZIRP begets QE. It's the root cause, because no one buys bonds at artificially tanked rates. Now the negative rate is taking over, more and more nations are adopting it, and the US must, because they believe that a higher rate will lead to defaults. That part is true, bump the rates to 3.5% on the ten year and it's all over. The downside side of this of course is they'll have to expand QE in order to "sale" more bonds to the fed and their banks. This cycle of insanity should have a life expectancy of a few months, and I think that's me being kind.

    I wonder how many of you know that China.....right now as I type....is waiting for the OK from the IMF to replace the dollar with the yuan as reserve currency. Soon as that OK is given, you're going to have a monetary shift that will blow your mind. The depression was nothing, we went in with the dollar, albeit weak, and came out with the dollar. Not so this time. The dollar will be deemed worthless, because the only strength it has, besides a hope and a prayer, is the fact that petro is tied to it. That's gone. The tax payers can't back it, for shit sake, there ain't many left, and we're fixing to lose a whole lotta moe.

    Maybe this article will help....Man Asked To Speak To Chinese Officials Issues Warning About The Most Important Move Of The Decade And China’s Golden Agenda

    Now on a personal note. To the fuck that one stared this thread, fuck you. There is absolutely nothing wrong posted by me on this thread. You're lucky that I am taking my time to warn you, fucking pimp!! /rant

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    Quote Originally Posted by michaelr View Post
    Bwahahaha another one star rating, someone hate me....or just the truth.

    Anyway, let me play Devils Advocate for a moment. My disclaimer: I don't believe the government is stupid. I'll play along though...

    The government needs to know the ZIRP begets QE. It's the root cause, because no one buys bonds at artificially tanked rates. Now the negative rate is taking over, more and more nations are adopting it, and the US must, because they believe that a higher rate will lead to defaults. That part is true, bump the rates to 3.5% on the ten year and it's all over. The downside side of this of course is they'll have to expand QE in order to "sale" more bonds to the fed and their banks. This cycle of insanity should have a life expectancy of a few months, and I think that's me being kind.

    I wonder how many of you know that China.....right now as I type....is waiting for the OK from the IMF to replace the dollar with the yuan as reserve currency. Soon as that OK is given, you're going to have a monetary shift that will blow your mind. The depression was nothing, we went in with the dollar, albeit weak, and came out with the dollar. Not so this time. The dollar will be deemed worthless, because the only strength it has, besides a hope and a prayer, is the fact that petro is tied to it. That's gone. The tax payers can't back it, for shit sake, there ain't many left, and we're fixing to lose a whole lotta moe.

    Maybe this article will help....Man Asked To Speak To Chinese Officials Issues Warning About The Most Important Move Of The Decade And China’s Golden Agenda

    Now on a personal note. To the fuck that one stared this thread, fuck you. There is absolutely nothing wrong posted by me on this thread. You're lucky that I am taking my time to warn you, fucking pimp!! /rant
    China’s currency is about to get a huge global endorsement Damn, it took me years to spell "petrodollar" correctly, damn public schools, now I have to learn to spell "petroyuan", or will it be the "yuanpetro", or something else.

    It's no longer......in my opinion, and that's educated, it was never a matter of if but when. Now, looking at the crash of Euronext, when just moved up considerably.

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    Quote Originally Posted by michaelr View Post
    ‘EARLY WARNING': 32 STATES FACE FISCAL CRISIS…. THREATENED FURLOUGHING AS MANY AS 15,000 WORKERS… 40% OF UNEMPLOYED HAVE QUIT LOOKING FOR JOBS…

    I told y'all man, we're conflating with Mexico and other third world hell holes. Think like this, you live in Detroit, you just don't know it, but you're fixing to find out.
    Hmm, my state had to extend their session because the haven't the time to figure out what they are going to do with a 400 million surplus. Niki Haley for president!! She gets the job done right.




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    This is why "Reverse Mortgage" is doing so well...seniors have had to dip and dip and dip until they had nothing left to dip in to other than their home. How can any Leftist look at themselves in the mirror?
    All Democrats are not Socialists, but all Socialists are Democrats.

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    Governments Desperately Trying To Keep The Illusion Going As Crashing Stock & Bond Markets Set To Shock The World!

    The US stock Market will not fail until the last second. They'll lull you into the abyss, telling you that everything is fine, and hey, housing prices "prove" it.

    I'll keep a close watch on the bond markets, because what they tumble they go fast and furious like.

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    Quote Originally Posted by Coolwalker View Post
    This is why "Reverse Mortgage" is doing so well...seniors have had to dip and dip and dip until they had nothing left to dip in to other than their home. How can any Leftist look at themselves in the mirror?
    I am dead set against reverse mortgages. I'd rather sell out, give my kids the money, and let them worry about putting me up. Anything is better then giving the fucking banks my childrens inheritance.

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    Fabian Calvo: Approximately 1 out of 3 American’s cannot find gainful employment or have given up the search for meaningful employment, 93 million souls – impacting at least one person in every household

    One of our members, and I an Obama apologist, tried to convince me that these people do not want to work. The dumbass repeated the lie so much that e was probably hoping that it become truth. The truth it, it's because of Obama ZIRP and QE that we have this problem, and this problem made it impossible for any kind of turn around. It is responsible for the lack of demand in everything, and because of it and inflation, we've been on a one way road to hell for some time. All roads come to an end, and the last three GDP reports show that this road is about played out.

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    US Containerized Exports Plunge Off the Chart, To Worst Level Since The Financial Crisis, As Us Manufacturing Swoons

    They'll no doubt blame the "strong" dollar, what a sick joke that is, and sell us on negative rates. Hey, can't allow the EU to have all the fun.

    Does everyone see the shit storm that's about to hit?

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