I have talked about this for years.... and its about to get worse. And the fact that you understand that it is happening makes you The HIGH EXALTED MYSTIC RULER!
A producer of electronics, not high end, more for the fhishing industry. Standard products.
What is happenig to me ?
Lower sales, lower income. So now I am about 230.000 Nkr / norwegian krones in annual income, From this I pay about 130.000 In tax = about 100.000 krowns a year - usable money. Not able to do anything about the situation. I am about 100.000 UNDER the poor boarder here in Norway ! But our state - will say - you own your company - you are an owner - We will take you down. you are rich.
My mother : on state pension, have about 250.000 Nok a year -ready money to use - She is my life line !
It sucks- but I am a Manager in my company - by default - a rich one.
Do I want to go rampage ? Yes . but who am i going to hit ?
I have tryed, almost - a police case, because I rammed the the board in front of me before the the tax office, The assholes wanted about 100.000 Nkr in pre tax! I was forced to loan it, and after 8 moths getteing it back - from the tax office.
So you are 100 % righth ! all of this is NOT just happening to the US popoulation - it is happening to all of around the so called globe ! Now
Maybe we are more quiet - than the Americans , but we know, evnen the bleading hit us too.. Now it is : blodbath - later it will come out as : down-turn for the economy, soon the fed wil fix it. Then you are -dead!
In this recent article, Egon von Greyerz explains once again, how 'boring old gold' has been one of this century's best performing asset classes: - returning a safe 8 to 9 times return.
The first image clearly reinforces Greg's leonine position, as in - 'become your own Central Bank.'
In this simple graph, it is clear to see, that since 2020, Central Banks have increased their gold holdings from a mere 12% to 71% in 2024.
Central Bank's have also indicated, that they intend to increase their gold purchases over the next few years.
So Lions need to anticipate these CB purchases and stock up their own CB vaults ahead of these forthcoming purchases.
I agree, what needs to happen is to start from the bottom up -- we need to open up Mom & Pop shops again, but these "shops" in my view need to be affordable to Mom & Pop -- and to those who shop in them, so how is that possible in this day & age?
Personally, I think we (the "Mom"s and "Pop"s) all need to become producers and providers of valuable goods & services & make them available at the local level as much as possible.
And these should be things people need and/or desire which either they cannot get (or afford to get) elsewhere or they prefer to get from us (their neighbors/friends/family) rather than from the big corporations or from outside the local community.
The question is how do we transact for these things?
Clearly, using dollars as our only means of exchange is a losing situation.
If we sell things "at cost" and not "profit" on the exchange, we can just cover our costs and it becomes more affordable for those around us. But then we can add to the asking sales price something else of value in exchange for our personal part in the production/service/distribution process that isn't considered currency, and that could be considered our "gain".
This added cost to the buyer could be some of their (1)attention, (2)time, (3)energy, (4)knowledge, (5)experienced/wise counsel, (6)natural resources or (7)some other product/service they have (or can get) to offer in exchange.
And what this does, in my opinion, is it builds a natural trust & loyalty between the parties of the exchange (when it's an honest & valuable exchange). And the non-financial aspects to these exchanges act more like investments (on both parties' parts) than a mere financial income-expense transaction, with a potential of yielding positive returns.
What we need, in my opinion, is a reemergence of the local community with its local town square where people engage in real life meaningful exchanges. And I think this is how we can "get our Mom & Pop shops back", but in a less financial and more human way.
Welcome to the beginning of a deflation cycle. This is going to be really bad. Stating the obvious, rates at zero are going to inflate everything while people’s dollars are going to buy less. Again, this is part of the One World government plan. Inflicted enough pain until people say uncle and are willing to take what the One World will be offering. Accordingly don’t be surprised if Trump is selected so they can hang the mess on him. Pax
I’ve never heard any so-called financial expert present these facts so honestly and from the heart. It’s not just a different spin, it’s a warning and good advice and a shot across the bow against all those who deceive us.
... damn kleptocrats expect/demand us to 'approve' what they should not even ask us to tolerate. "Everyday the bucket a-go a well, One day the bottom a-go drop out." [Bob Marley, I Shot The Sheriff]
A massive wealth transfer has already happened...just look around you. How do you think that happened? Its worldwide. Its a problem.
Now I agree that theres much more down the road, but nobody is talking about the wealth transfer, on multiple levels, that has already taken place.
I have talked about this for years.... and its about to get worse. And the fact that you understand that it is happening makes you The HIGH EXALTED MYSTIC RULER!
THE MMRI: MUMPS, MEASLES, RUBELLA AND INFLUENZA.
The FED’s cure for these economic illnesses?
BLOODLETTING or buying up more debt.
Greg, you are awesome
Ok Greg ! My situation !
A producer of electronics, not high end, more for the fhishing industry. Standard products.
What is happenig to me ?
Lower sales, lower income. So now I am about 230.000 Nkr / norwegian krones in annual income, From this I pay about 130.000 In tax = about 100.000 krowns a year - usable money. Not able to do anything about the situation. I am about 100.000 UNDER the poor boarder here in Norway ! But our state - will say - you own your company - you are an owner - We will take you down. you are rich.
My mother : on state pension, have about 250.000 Nok a year -ready money to use - She is my life line !
It sucks- but I am a Manager in my company - by default - a rich one.
Do I want to go rampage ? Yes . but who am i going to hit ?
I have tryed, almost - a police case, because I rammed the the board in front of me before the the tax office, The assholes wanted about 100.000 Nkr in pre tax! I was forced to loan it, and after 8 moths getteing it back - from the tax office.
I am - frustrated Greg ! . Just my story !
Roy
The sad story Greg : I think it is NOT better in the US !
So you are 100 % righth ! all of this is NOT just happening to the US popoulation - it is happening to all of around the so called globe ! Now
Maybe we are more quiet - than the Americans , but we know, evnen the bleading hit us too.. Now it is : blodbath - later it will come out as : down-turn for the economy, soon the fed wil fix it. Then you are -dead!
From Norway / scandinavia - so everybody - get it !
If you send out some original music, Ill send you some of mine.
The same here guys
Coolness
In this recent article, Egon von Greyerz explains once again, how 'boring old gold' has been one of this century's best performing asset classes: - returning a safe 8 to 9 times return.
The first image clearly reinforces Greg's leonine position, as in - 'become your own Central Bank.'
In this simple graph, it is clear to see, that since 2020, Central Banks have increased their gold holdings from a mere 12% to 71% in 2024.
Central Bank's have also indicated, that they intend to increase their gold purchases over the next few years.
So Lions need to anticipate these CB purchases and stock up their own CB vaults ahead of these forthcoming purchases.
https://vongreyerz.gold/this-will-not-last-desperation
Central Banks are currently accelerating their exit from the U.S. dollar.
I so appreciate you, Greg!
I agree, what needs to happen is to start from the bottom up -- we need to open up Mom & Pop shops again, but these "shops" in my view need to be affordable to Mom & Pop -- and to those who shop in them, so how is that possible in this day & age?
Personally, I think we (the "Mom"s and "Pop"s) all need to become producers and providers of valuable goods & services & make them available at the local level as much as possible.
And these should be things people need and/or desire which either they cannot get (or afford to get) elsewhere or they prefer to get from us (their neighbors/friends/family) rather than from the big corporations or from outside the local community.
The question is how do we transact for these things?
Clearly, using dollars as our only means of exchange is a losing situation.
If we sell things "at cost" and not "profit" on the exchange, we can just cover our costs and it becomes more affordable for those around us. But then we can add to the asking sales price something else of value in exchange for our personal part in the production/service/distribution process that isn't considered currency, and that could be considered our "gain".
This added cost to the buyer could be some of their (1)attention, (2)time, (3)energy, (4)knowledge, (5)experienced/wise counsel, (6)natural resources or (7)some other product/service they have (or can get) to offer in exchange.
And what this does, in my opinion, is it builds a natural trust & loyalty between the parties of the exchange (when it's an honest & valuable exchange). And the non-financial aspects to these exchanges act more like investments (on both parties' parts) than a mere financial income-expense transaction, with a potential of yielding positive returns.
What we need, in my opinion, is a reemergence of the local community with its local town square where people engage in real life meaningful exchanges. And I think this is how we can "get our Mom & Pop shops back", but in a less financial and more human way.
Welcome to the beginning of a deflation cycle. This is going to be really bad. Stating the obvious, rates at zero are going to inflate everything while people’s dollars are going to buy less. Again, this is part of the One World government plan. Inflicted enough pain until people say uncle and are willing to take what the One World will be offering. Accordingly don’t be surprised if Trump is selected so they can hang the mess on him. Pax
love your insight, keep it coming!
Nobody believes me when I tell them to buy silver. PS: I'm now in Zagreb, Croatia. Spent last night on a farm -- the ultimate preppers. But went without wi-fi for 24 whole hours. Scary! PPS: Hope your eye is better. https://jpstillwater.blogspot.com/2024/08/a-banner-just-seen-in-sarajevo.html
Perpetual debt roll overs and extentions to fund The Global Corporate Trusts
I’ve never heard any so-called financial expert present these facts so honestly and from the heart. It’s not just a different spin, it’s a warning and good advice and a shot across the bow against all those who deceive us.
Killing the dollar. Hyperinflation. I really just wonder if a ounce of silver will go up as much as it did in Venezuela when they hit hyperinflation
... damn kleptocrats expect/demand us to 'approve' what they should not even ask us to tolerate. "Everyday the bucket a-go a well, One day the bottom a-go drop out." [Bob Marley, I Shot The Sheriff]
THAT was a great explanation of the PVD ....good work.....hopefully it saves someones vision
Fed Now was put into motion over a year ago! All the Banks(CB BIS) r primed for it! have a Blessed wked everyone!!!! GB Nik