The Greatest depression is coming, are you ready?
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https://rumble.com/v208yn8-mark-of-the-beast-financial-system-starts-december-13-2022-12122022.html
Mark of the Beast Financial System Starts December 13, 2022 - 12/12/2022
Mark of the Beast Financial System Starts December 13, 2022 - 12/12/2022
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Wow, so this isn't deadly enough for them?
German Data Analyst Reveals Data from Health Insurance Shows 4 Times Increase in Sudden Deaths Following COVID Vaccine Rollouts
https://www.thegatewaypundit.com/20...dden-deaths-following-covid-vaccine-rollouts/
German Data Analyst Reveals Data from Health Insurance Shows 4 Times Increase in Sudden Deaths Following COVID Vaccine Rollouts
https://www.thegatewaypundit.com/20...dden-deaths-following-covid-vaccine-rollouts/
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The dollar is burning from both sides
1. On one hand tax revenue is down
2. On the other hand stimulus bills are causing the dollar to collapse in value.
Inflation is too many dollars going after too few goods.
Tax revenue is down because we aren't working and making goods
Stimulus bills are just reckless spending by printing money. We are printing way too many dollars.
1. On one hand tax revenue is down
2. On the other hand stimulus bills are causing the dollar to collapse in value.
Inflation is too many dollars going after too few goods.
Tax revenue is down because we aren't working and making goods
Stimulus bills are just reckless spending by printing money. We are printing way too many dollars.
Steve Cortes: Biden's Economy Is The Worst In The World
https://rumble.com/v21fq5k-steve-cortes-bidens-economy-is-the-worst-in-the-world.html
https://rumble.com/v21fq5k-steve-cortes-bidens-economy-is-the-worst-in-the-world.html
Mighty or corrupt? ;-)
This reminds me a little of the passage in Revelation 18. Not as rejoiceful as that day may be, but nice to see corruption coming to its deserved end.
20 Rejoice over her, thou heaven, and ye holy apostles and prophets; for God hath avenged you on her.
21 And a mighty angel took up a stone like a great millstone, and cast it into the sea, saying, Thus with violence shall that great city Babylon be thrown down, and shall be found no more at all.
10 Standing afar off for the fear of her torment, saying, Alas, alas, that great city Babylon, that mighty city! for in one hour is thy judgment come.
11 And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more:
12 The merchandise of gold, and silver, and precious stones, and of pearls, and fine linen, and purple, and silk, and scarlet, and all thyine wood, and all manner vessels of ivory, and all manner vessels of most precious wood, and of brass, and iron, and marble,
13 And cinnamon, and odours, and ointments, and frankincense, and wine, and oil, and fine flour, and wheat, and beasts, and sheep, and horses, and chariots, and slaves, and souls of men.
14 And the fruits that thy soul lusted after are departed from thee, and all things which were dainty and goodly are departed from thee, and thou shalt find them no more at all.
15 The merchants of these things, which were made rich by her, shall stand afar off for the fear of her torment, weeping and wailing,
16 And saying, Alas, alas, that great city, that was clothed in fine linen, and purple, and scarlet, and decked with gold, and precious stones, and pearls!
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
18 And cried when they saw the smoke of her burning, saying, What city is like unto this great city!
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas, that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
This reminds me a little of the passage in Revelation 18. Not as rejoiceful as that day may be, but nice to see corruption coming to its deserved end.
20 Rejoice over her, thou heaven, and ye holy apostles and prophets; for God hath avenged you on her.
21 And a mighty angel took up a stone like a great millstone, and cast it into the sea, saying, Thus with violence shall that great city Babylon be thrown down, and shall be found no more at all.
10 Standing afar off for the fear of her torment, saying, Alas, alas, that great city Babylon, that mighty city! for in one hour is thy judgment come.
11 And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more:
12 The merchandise of gold, and silver, and precious stones, and of pearls, and fine linen, and purple, and silk, and scarlet, and all thyine wood, and all manner vessels of ivory, and all manner vessels of most precious wood, and of brass, and iron, and marble,
13 And cinnamon, and odours, and ointments, and frankincense, and wine, and oil, and fine flour, and wheat, and beasts, and sheep, and horses, and chariots, and slaves, and souls of men.
14 And the fruits that thy soul lusted after are departed from thee, and all things which were dainty and goodly are departed from thee, and thou shalt find them no more at all.
15 The merchants of these things, which were made rich by her, shall stand afar off for the fear of her torment, weeping and wailing,
16 And saying, Alas, alas, that great city, that was clothed in fine linen, and purple, and scarlet, and decked with gold, and precious stones, and pearls!
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
18 And cried when they saw the smoke of her burning, saying, What city is like unto this great city!
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas, that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
Don't worry, this is not going to get gradually worse
https://www.thegatewaypundit.com/2022/12/biden-economy-disaster-home-sales-35-since-last-year/
BIDEN ECONOMY IS A DISASTER – Home Sales Down 35% Since Last Year
Think of a balloon as an analogy. When you add air the balloon expands. But at some point the rubber of the balloon can no longer expand, so if you continue adding air the balloon will pop.
The 1.7 trillion omnibus bill is adding air to the balloon, but this is showing you the economy is no longer expanding, on the contrary it looks like the balloon is in the process of popping.
The debt and inflation are not going to continue to get gradually worse, instead the US economy is going to pop.
https://www.thegatewaypundit.com/2022/12/biden-economy-disaster-home-sales-35-since-last-year/
BIDEN ECONOMY IS A DISASTER – Home Sales Down 35% Since Last Year
Think of a balloon as an analogy. When you add air the balloon expands. But at some point the rubber of the balloon can no longer expand, so if you continue adding air the balloon will pop.
The 1.7 trillion omnibus bill is adding air to the balloon, but this is showing you the economy is no longer expanding, on the contrary it looks like the balloon is in the process of popping.
The debt and inflation are not going to continue to get gradually worse, instead the US economy is going to pop.
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Investment Advice
The best advice is to put your treasure in the heaven where thieves cannot break in and steal.
I have been posting many stories concerning the state of the US economy but so far have not chartered a course based on this, so let's put it all together.
1. We have seen a collapse in the housing market. The US economy can be likened to an airplane with two engines and the housing market is one of the engines. So think of this as losing one of the engines to the US economy.
2. The Mortgage and refinance market has also collapsed. Because of interest rates rising significantly in the last year virtually all refinancing of mortgages has stopped. Not only so but this is a major reason that people are not buying houses or if they do the price has to drop significantly. This is like the gas tank to the US economy. People finance large purchases by refinancing their house. So now this airplane which is the US economy has lost one engine and is also out of gas.
3. Car loans are also set to crash. We know this for several reasons, interest rates have gone up and also we are about to see massive layoffs across the nation. The car market is the other engine to the US economy and we have smoke coming out of that engine.
Generally speaking in a situation like this you would look to land the airplane. However, we can't. We are at war with Russia in the Ukraine and China is threatening Taiwan which is truly essential to our national security. When you raise interest rates which is what the Fed has been doing you are trying to put the brakes on the economy. When you print money which is what Congress has been doing with unfunded multi trillion dollar bills you are stepping on the gas. This will flood the engine and stall the economy. If you understand banking you know that when the overnight borrowing rate is higher than the ten year treasury rate you will see banks going bankrupt. When banks go bankrupt credit will tighten dramatically. This is the other problem with the US economy, people are buying on credit. This would be like the fuel air mixture being completely messed up again indicating that the economy is about to stop altogether. You cannot live on credit, it is not sustainable.
In the last great depression we got out of the depression with manufacturing. The whole world was going to war and bought a tremendous amount of goods from the US. We were the industrial leader of the world. No more. The US dollar has become a ponzi scheme. Ponzi schemes work great until they unravel, once that happens it is a very quick demise. The US dollar will unravel when foreign countries stop buying our debt and that is what BRICS is all about. 40% of the world's economy is uniting to have their own gold backed currency and stop using US dollars. You will know that the ponzi scheme is collapsing when you see US debt skyrocket and that is what we saw in November.
The one thing that the US government has over all other countries is credibility. It is really why we have been trusted as much as we have been for the last 70 years. However, in order to not get destroyed in the 2022 election the Biden administration lied about the economy saying we had created 1 million jobs (hence we weren't in a recession). It was a lie. Biden has just cashed in the one chip that the US had that was worth anything. The big investors, the guys who buy billions of dollars of bonds each month, they pay very close attention to this. WAPO traded in their credibility and two years later they are collapsing. Same thing with META, etc. But that is because the common people are not paying close attention and it can take a year or so for them to react. That is not true of the major players. This is critical for any strategy, for example someone might recommend shorting the US market, but if the US dollar is going to become worthless that would be a terrible strategy.
The key is the US dollar is a ponzi scheme. We have created a system where slave labor in Asia is making us stuff for next to nothing. This is because the US dollar has been raised to ridiculous levels. That is the secret. Commodities are things that are real and have value in any economy and any currency.
There are three that I think are about to explode in value, more because the US dollar will become worthiess and so you can use paper than in a very short time will be worth nothing and trade it in for something that will be worth a lot.
1. Wheat berries -- you have to take physical possession. But if you don't have food nothing else has any value. You don't want flour, you want the grain that can be kept for years.
2. Gold and Silver -- again you must take physical possession. But it is very likely that silver will go up 10x from where it is right now. I would not be surprised if at the peak it is 20x because of short term liquidity problems that many major investors will have.
3. Land.
The best advice is to put your treasure in the heaven where thieves cannot break in and steal.
I have been posting many stories concerning the state of the US economy but so far have not chartered a course based on this, so let's put it all together.
1. We have seen a collapse in the housing market. The US economy can be likened to an airplane with two engines and the housing market is one of the engines. So think of this as losing one of the engines to the US economy.
2. The Mortgage and refinance market has also collapsed. Because of interest rates rising significantly in the last year virtually all refinancing of mortgages has stopped. Not only so but this is a major reason that people are not buying houses or if they do the price has to drop significantly. This is like the gas tank to the US economy. People finance large purchases by refinancing their house. So now this airplane which is the US economy has lost one engine and is also out of gas.
3. Car loans are also set to crash. We know this for several reasons, interest rates have gone up and also we are about to see massive layoffs across the nation. The car market is the other engine to the US economy and we have smoke coming out of that engine.
Generally speaking in a situation like this you would look to land the airplane. However, we can't. We are at war with Russia in the Ukraine and China is threatening Taiwan which is truly essential to our national security. When you raise interest rates which is what the Fed has been doing you are trying to put the brakes on the economy. When you print money which is what Congress has been doing with unfunded multi trillion dollar bills you are stepping on the gas. This will flood the engine and stall the economy. If you understand banking you know that when the overnight borrowing rate is higher than the ten year treasury rate you will see banks going bankrupt. When banks go bankrupt credit will tighten dramatically. This is the other problem with the US economy, people are buying on credit. This would be like the fuel air mixture being completely messed up again indicating that the economy is about to stop altogether. You cannot live on credit, it is not sustainable.
In the last great depression we got out of the depression with manufacturing. The whole world was going to war and bought a tremendous amount of goods from the US. We were the industrial leader of the world. No more. The US dollar has become a ponzi scheme. Ponzi schemes work great until they unravel, once that happens it is a very quick demise. The US dollar will unravel when foreign countries stop buying our debt and that is what BRICS is all about. 40% of the world's economy is uniting to have their own gold backed currency and stop using US dollars. You will know that the ponzi scheme is collapsing when you see US debt skyrocket and that is what we saw in November.
The one thing that the US government has over all other countries is credibility. It is really why we have been trusted as much as we have been for the last 70 years. However, in order to not get destroyed in the 2022 election the Biden administration lied about the economy saying we had created 1 million jobs (hence we weren't in a recession). It was a lie. Biden has just cashed in the one chip that the US had that was worth anything. The big investors, the guys who buy billions of dollars of bonds each month, they pay very close attention to this. WAPO traded in their credibility and two years later they are collapsing. Same thing with META, etc. But that is because the common people are not paying close attention and it can take a year or so for them to react. That is not true of the major players. This is critical for any strategy, for example someone might recommend shorting the US market, but if the US dollar is going to become worthless that would be a terrible strategy.
The key is the US dollar is a ponzi scheme. We have created a system where slave labor in Asia is making us stuff for next to nothing. This is because the US dollar has been raised to ridiculous levels. That is the secret. Commodities are things that are real and have value in any economy and any currency.
There are three that I think are about to explode in value, more because the US dollar will become worthiess and so you can use paper than in a very short time will be worth nothing and trade it in for something that will be worth a lot.
1. Wheat berries -- you have to take physical possession. But if you don't have food nothing else has any value. You don't want flour, you want the grain that can be kept for years.
2. Gold and Silver -- again you must take physical possession. But it is very likely that silver will go up 10x from where it is right now. I would not be surprised if at the peak it is 20x because of short term liquidity problems that many major investors will have.
3. Land.
Hollywood Lost More Than $500 Billion in Market Value in 2022
https://www.breitbart.com/entertain...ore-than-500-billion-in-market-value-in-2022/
the Walt Disney Co., Netflix, and Comcast accounting for the bulk of the bloodshed.
https://www.breitbart.com/entertain...ore-than-500-billion-in-market-value-in-2022/
the Walt Disney Co., Netflix, and Comcast accounting for the bulk of the bloodshed.
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