AOC says she works hard for her money but 175 grand not enough after all she made more money waiting tables so now she understands why congress inside trade
Gregory is right as he usually is. Yes, I have been gone for a short while but now I'm back again on the Comments. The Fed is not only expanding their balance Sheet but in conjunction with the CBs are attempting to introduce their Digital Currency for total control of the Worldwide Banking System for all. Certainly they will also have to use their Social Credit System as well, so if you're naughty in their view, no money or credit, cut off. With our National Debt at 124% of GDP, and Interbank Interest rates headed higher, once we hit that 5% number, it's all over and we will default soon after. Probably won't have to worry, cause the Fed and CBs are doing a great job of causing Contraction in all Sectors, meaning as I have stated, have cash, pull out of the Market while you can and still have profits, because this sucker is going to crash and burn, worse than the Great Depression some time soon. With every Great Crash comes a lot of volatility and dead cat bounces, until it finally collapses, and this is coming, so Buckle Up and get ready.
The Ukrainian government has created a social credit system which combines Universal Basic Income, a digital identity, and a vaccine passport in one app.
Thanks for your honesty Greg. I watch you and Gerald Celente every day. Very educational! Thanks for all the great information. Wish we could have some more discussions on how the little guy can avoid becoming enslaved. Scary times ahead. :( I don't make a lot of money but try to buy some silver or silver jewelry. I network as much as I can, stock up on food (I live alone so its easier for me), and I took Peter Schiff's utube advice and downloaded a TrueBill subscription and was able to save about 500 a month on junk I didnt even know was coming out of my account. I am still trying to lower debt. I might try to invest a little in the market but only in commodities per your own example. Unfortunately I have over 100,000 in college debt (2 almost completed useless Master's degrees in Creative Writing) and no chance in heck of owning a home due to my debt to income ratio. I wish they taught finance in high school. I was never taught about how to conceptualize the value of money, and perhaps neither are the wackos running our government currently? That or they know too much don't care or maybe both...
Yes, making everyone a slave. I guess being their Subjects wasn’t good enough. See the 14th Amendment. “ subject to the jurisdiction of the UNITED STATES”
Thanks Greg. I love your updates. It keeps me grounded and stops me being brainwashed by the mainstream media propoganda. I found you via Gerald Celente's channel and I am amazed by his knowledge and passion as well. I normally don't post on any online media platform but I thought I'd respond to one question you raised which was "what am I missing?". I may get crucified by other readers for saying this so here goes.
I.e is the real threat deflation and not inflation?
I'm no economist and am trying to educate myself through multiple sources so just wanted to share this conversation snippet on FED tightening (see link from John Mauldin's newsletter) and a discussion around deflation by Bill White who did a stint at BIS. It makes me wonder of the real threat is deflation and not inflation but tbh I have no idea - see https://www.mauldineconomics.com/frontlinethoughts/no-soft-landings
“All that does is generate another asset price boom, and another upward surge in inflation. And then eventually they have to turn to it. It is just making the underlying fundamentals worse and then things collapse and it's even worse.
“So at this juncture, I think I'm really worried about [future] debt deflation and sooner rather than later. And I don't think we're prepared for it. We're not prepared for it in terms of public psychology, and we're not prepared for it in terms of the facilities that we've got, not just in the US, but perhaps more importantly, worldwide to deal with the degree of debt restructuring that's got to come out of a deep debt deflation problem.
Just thought I'd share this. Please take care and get some rest sir.
haha, lucky you, I closed my position yesterday night with minimum losses, I did not trust it. DAX is super weak, I guess it is the Russian Gas issue. Performing much worse from US Indexes, in fact, in decoupled from oSP yesterday, Europe looks terrible in the short term, let's see
Chinese Premier Li Keqiang said this week that China should increase its coal production capacity in order to prevent power outages, as the northern and central parts of the country are baking in a heatwave that is driving power consumption to record levels.
Greg what is the velocity of illiquidity? Stagnant, right? Stagnation plus fiat currency sounds like Weimar Bucks! When are these dopes gonna catch on and make a run on their banks?
This chart is scary as hell, UP ONLY....
https://fred.stlouisfed.org/series/RRPONTSYD
WT?
dandelion for blood pressure bro
AOC says she works hard for her money but 175 grand not enough after all she made more money waiting tables so now she understands why congress inside trade
Gregory is right as he usually is. Yes, I have been gone for a short while but now I'm back again on the Comments. The Fed is not only expanding their balance Sheet but in conjunction with the CBs are attempting to introduce their Digital Currency for total control of the Worldwide Banking System for all. Certainly they will also have to use their Social Credit System as well, so if you're naughty in their view, no money or credit, cut off. With our National Debt at 124% of GDP, and Interbank Interest rates headed higher, once we hit that 5% number, it's all over and we will default soon after. Probably won't have to worry, cause the Fed and CBs are doing a great job of causing Contraction in all Sectors, meaning as I have stated, have cash, pull out of the Market while you can and still have profits, because this sucker is going to crash and burn, worse than the Great Depression some time soon. With every Great Crash comes a lot of volatility and dead cat bounces, until it finally collapses, and this is coming, so Buckle Up and get ready.
Guess where a Social Credit System is implemented a while ago? In Ukraine. No joke.
The Ukrainian government has created a social credit system which combines Universal Basic Income, a digital identity, and a vaccine passport in one app.
https://www.logically.ai/factchecks/library/f2aa817d
Coming soon to a theatre near you ...
"fact checkers" are wrong. it exists. i know.
Thanks for your honesty Greg. I watch you and Gerald Celente every day. Very educational! Thanks for all the great information. Wish we could have some more discussions on how the little guy can avoid becoming enslaved. Scary times ahead. :( I don't make a lot of money but try to buy some silver or silver jewelry. I network as much as I can, stock up on food (I live alone so its easier for me), and I took Peter Schiff's utube advice and downloaded a TrueBill subscription and was able to save about 500 a month on junk I didnt even know was coming out of my account. I am still trying to lower debt. I might try to invest a little in the market but only in commodities per your own example. Unfortunately I have over 100,000 in college debt (2 almost completed useless Master's degrees in Creative Writing) and no chance in heck of owning a home due to my debt to income ratio. I wish they taught finance in high school. I was never taught about how to conceptualize the value of money, and perhaps neither are the wackos running our government currently? That or they know too much don't care or maybe both...
Yeah teaching about money in high school would put college out of business
Yes --- its all so corrupt now. Devastating. But evil eats its own tail. I believe in Karma, too.
Welcome to the club
What about Charles Nenner's predictions about lengthy war, massive deaths and market crash?
Yes, making everyone a slave. I guess being their Subjects wasn’t good enough. See the 14th Amendment. “ subject to the jurisdiction of the UNITED STATES”
My God Greg, the Lord has blessed you
I love it… Keep speaking the truth and educating us
I would add you’re also very fun to watch🤣🤣
My God Greg, the Lord has blessed you
I love it… Keep speaking the truth and educating us
I would add you’re also very fun to watch🤣🤣
Thanks Greg. I love your updates. It keeps me grounded and stops me being brainwashed by the mainstream media propoganda. I found you via Gerald Celente's channel and I am amazed by his knowledge and passion as well. I normally don't post on any online media platform but I thought I'd respond to one question you raised which was "what am I missing?". I may get crucified by other readers for saying this so here goes.
I.e is the real threat deflation and not inflation?
I'm no economist and am trying to educate myself through multiple sources so just wanted to share this conversation snippet on FED tightening (see link from John Mauldin's newsletter) and a discussion around deflation by Bill White who did a stint at BIS. It makes me wonder of the real threat is deflation and not inflation but tbh I have no idea - see https://www.mauldineconomics.com/frontlinethoughts/no-soft-landings
“All that does is generate another asset price boom, and another upward surge in inflation. And then eventually they have to turn to it. It is just making the underlying fundamentals worse and then things collapse and it's even worse.
“So at this juncture, I think I'm really worried about [future] debt deflation and sooner rather than later. And I don't think we're prepared for it. We're not prepared for it in terms of public psychology, and we're not prepared for it in terms of the facilities that we've got, not just in the US, but perhaps more importantly, worldwide to deal with the degree of debt restructuring that's got to come out of a deep debt deflation problem.
Just thought I'd share this. Please take care and get some rest sir.
TAKE PROFIT DAXlong @ 13,008
+ 4.5%, will try to buy again.
haha, lucky you, I closed my position yesterday night with minimum losses, I did not trust it. DAX is super weak, I guess it is the Russian Gas issue. Performing much worse from US Indexes, in fact, in decoupled from oSP yesterday, Europe looks terrible in the short term, let's see
yes. pure weakness.
Chinese Premier Li Keqiang said this week that China should increase its coal production capacity in order to prevent power outages, as the northern and central parts of the country are baking in a heatwave that is driving power consumption to record levels.
an yes i do watch you in my suit, hahahha
Looks like some stocks are being pumped and dumped big time money right there. It's almost like playing a penny stock anymore.
Greg what is the velocity of illiquidity? Stagnant, right? Stagnation plus fiat currency sounds like Weimar Bucks! When are these dopes gonna catch on and make a run on their banks?
A Weimar replay
They're probably thinking," not on my watch"