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Lies You Will Hear As The Economic Collapse Progresses
Submitted by Brandon Smith via Alt-Market.com,
It is undeniable; the final collapse triggers are upon us, triggers alternative economists have been warning about since the initial implosion of 2008. In the years since the derivatives disaster, there has been no end to the absurd and ludicrous propaganda coming out of mainstream financial outlets and as the situation in markets becomes worse, the propaganda will only increase. This might seem counter-intuitive to many. You would think that the more obvious the economic collapse becomes, the more alternative analysts will be vindicated and the more awake and aware the average person will be. Not necessarily...
In fact, the mainstream spin machine is going into high speed the more negative data is exposed and absorbed into the markets. If you know your history, then you know that this is a common tactic by the establishment elite to string the public along with false hopes so that they do not prepare or take alternative measures while the system crumbles around their ears. At the onset of the Great Depression the same strategies were used. Consider if you've heard similar quotes to these in the mainstream news over the past couple months:
John Maynard Keynes in 1927: “We will not have any more crashes in our time.”
H.H. Simmons, president of the New York Stock Exchange, Jan. 12, 1928: “I cannot help but raise a dissenting voice to statements that we are living in a fool’s paradise, and that prosperity in this country must necessarily diminish and recede in the near future.”
Irving Fisher, leading U.S. economist, The New York Times, Sept. 5, 1929: “There may be a recession in stock prices, but not anything in the nature of a crash.” And on 17, 1929: “Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months.”
W. McNeel, market analyst, as quoted in the New York Herald Tribune, Oct. 30, 1929: “This is the time to buy stocks. This is the time to recall the words of the late J. P. Morgan… that any man who is bearish on America will go broke. Within a few days there is likely to be a bear panic rather than a bull panic. Many of the low prices as a result of this hysterical selling are not likely to be reached again in many years.”
Harvard Economic Society, Nov. 10, 1929: “… a serious depression seems improbable; [we expect] recovery of business next spring, with further improvement in the fall.”
Here is the issue – as I have ALWAYS said, economic collapse is not a singular event, it is a process. The global economy has been in the process of collapse since 2008 and it never left that path. Those who were ignorant took government statistics at face value and the manipulated bull market as legitimate and refused to acknowledge the fundamentals. Now, with markets recently suffering one of the greatest freefalls since the 2008/2009 crash, they are witnessing the folly of their assumptions, but that does not mean they will accept them or apologize for them outright. If there is one lesson I have learned well during my time in the Liberty Movement, it is to never underestimate the power of normalcy bias.
There were plenty of “up days” in the markets during the Great Depression, and this kept the false dream of a quick recovery alive for a large percentage of the American population for many years. Expect numerous “stunning stock reversals” as the collapse of our era progresses, but always remember that it is the overall TREND that matters far more than any one positive or negative trading day (unless you open down 1000 points as we did on Monday), and even more important than the trends are the economic fundamentals.
The establishment has made every effort to hide the fundamentals from the public through far reaching misrepresentations of economic stats. However, the days of effective disinformation in terms of the financial system are coming to an end. As investors and the general public begin to absorb the reality that the global economy is indeed witnessing a vast crisis scenario and acknowledges real numbers over fraudulent numbers, the only recourse of central bankers and the governments they control is to convince the public that the crisis they are witnessing is not really a crisis. That is to say, the establishment will attempt to marginalize the collapse signals they can no longer hide as if such signals are of “minimal” importance.
Just as occurred during the onset of the Great Depression, the lies will be legion the closer we come to zero hour. Here are some of the lies you will likely hear as the collapse accelerates...
The Crisis Was Caused By Chinese Contagion
The hypocrisy inherent in this lie is truly astounding, to say the least, considering it is now being uttered by the same mainstream dirtbags who only months ago were claiming that China's financial turmoil and stock market upset were inconsequential and would have “little to no effect” on Western markets.
I specifically recall these hilarious quotes from Barbara Rockefeller in July:
“Something else that doesn’t matter much is the Chinese equity meltdown—again. China may be big and powerful, but it lacks a retail base and fund managers experienced in price variations, never mind a true rout...”
“Doom-and-gloom types have been saying for a long time that we will get a stock market rout when the Fed finally does move to raise rates. But as we wrote last week, history doesn’t bear out the thesis, not that you can really count on history when the sample size is one or two data points...”
Yes, that is a bit embarrassing. One or two data points? There have been many central bank interventions in history. When has ANY central bank or any government ever used stimulus to manipulate markets through fiat infusion and zero interest fueled stock buybacks or given government the ability to monetize its own debt, and actually been successful in the endeavor? When has addicting markets to stimulus like a heroin dealer ever led to “recovery”? When has this kind of behavior ever NOT created massive fiscal bubbles, a steady degradation of the host society, or outright calamity?
Suddenly, according to the MSM, China's economy does affect us. Not only that, but China is to blame for all the ills of the globally interdependent economic structure. And, the mere mention that the Fed might delay the end of near zero interest rates in September by a Federal Reserve stooge recently sent markets up 600 points after a week-long bloodbath; meaning, the potential for any interest rate increase no mater how small also has wider implications for markets.
The truth is, the crash in global stocks which will undoubtedly continue over the next several months despite any delays on ZIRP by the Fed is a product of universal decay in fiscal infrastructure. Nearly every single nation on this planet, every sovereign economy, has allowed central and international banks to poison every aspect of their respective systems with debt and manipulation. This is not a “contagion” problem, it is a systemic problem to every economy across the world.
China's crash matters not because it is causing all other economies to crash. It matters because China is the largest importer/exporter in the world and it is a litmus test for the financial health of every other country. If China is failing, it means we are not consuming, and if we are not consuming, then we must be broke. China's crash portends our own far worse economic conditions. THAT is why western markets have been crumbling along with China's despite the assumptions of the mainstream.
China's Rate Cuts Will Stop The Crash
No they won't. China has cut rates five times since last November and this has done nothing to stem the tide of their market collapse. I'm not sure why anyone would think that a new rate cut would accomplish anything besides perhaps a brief respite from the continuing avalanche.
It's Not A Crash, It's Just The End Of A “Market Cycle”
This is the most ignorant non-explanation I think I have ever heard. There is no such thing as a “market cycle” when your markets are supported partially or fully by fiat manipulation. Our market is in no way a free market, thus, it cannot behave like a free market, and thus, it is a stunted market with no identifiable cycles.
Swings in markets of up to 5%-6% to the downside or upside (sometimes both in a single day) are not part of a normal cycle. They are a sign of cancerous volatility that comes from an economy on the brink of disaster.
The last few years have been seemingly endless market bliss in which any idiot day trader could not go wrong as long as he “bought the dip” while Fed monetary intervention stayed the course. This is also not normal, even in the so-called “new normal”. Yes, the current equities turmoil is an inevitable result of manipulated markets, false statistics, and misplaced hopes, but it is indeed a tangible crash in the making. It is in no way an example of a predictable and non-threatening “market cycle”, and the fact that mainstream talking heads and the people who parrot them had absolutely no clue it was coming is only further evidence of this.
The Fed Will Never Raise Rates
Don't count on it. Public statements by globalist entities like the IMF on China, for example, have argued that their current crisis is merely part of the “new normal”; a future in which stagnant growth and reduced living standards is the way things are supposed to be. I expect the Fed will use the same exact argument to support the end of zero interest rates in the U.S., claiming that the decline of American wealth and living standards is a natural part of the new economic world order we are entering.
That's right, mark my words, one day soon the Fed, the IMF, the BIS and others will attempt to convince the American people that the erosion of the economy and the loss of world reserve status is actually a “good thing”. They will claim that a strong dollar is the cause of all our economic pain and that a loss in value is necessary. In the meantime they will, of course, downplay the tragedies that will result as the shift toward dollar devaluation smashes down on the heads of the populace.
A rate hike may not occur in September. In fact, as I predicted in my last article, the Fed is already hinting at a delay in order to boost markets, or at least slow down the current carnage to a more manageable level. But, they WILL raise rates in the near term, likely before the end of this year after a few high tension meetings in which the financial world will sit anxiously waiting for the word on high. Why would they raise rates? Some people just don't seem to grasp the fact that the job of the Federal Reserve is to destroy the American economic system, not protect it. Once you understand this dynamic then everything the central bank does makes perfect sense.
A rate increase will occur exactly because that is what is needed to further destabilize U.S. market psychology to make way for the “great economic reset” that the IMF and Christine Lagarde are so fond of promoting. Beyond this, many people seem to be forgetting that ZIRP is still operating, yet, volatility is trending negative anyway. Remember when everyone was ready to put on their 'Dow 20,000' hat, certain in the omnipotence of central bank stimulus and QE infinity? Yeah...clearly that was a pipe dream.
ZIRP has run it's course. It is no longer feeding the markets as it once did and the fundamentals are too obvious to deny.
The globalists at the Bank for International Settlements in spring openly deemed the existence of low interest rate policies a potential trigger for crisis. Their statements correlate with the BIS tendency to “predict” terrible market events they helped to create while at the same time misrepresenting the reasons behind them.
The point is, ZIRP has done the job it was meant to do. There is no longer any reason for the Fed to leave it in place.
Get Ready For QE4
Again, don't count on it. Or at the very least, don't expect renewed QE to have any lasting effect on the market if it is initiated.
There is truly no point to the launch of a fourth QE program, but do expect that the Fed will plant the possibility in the media every once in a while to mislead investors. First, the Fed knows that it would be an open admission that the last three QE's were an utter failure, and while their job is to dismantle the U.S. economy, I don't think they are looking to take immediate blame for the whole mess. QE4 would be as much a disaster as the ECB's last stimulus program was in Europe, not to mention the past several stimulus actions by the PBOC in China. I'll say it one more time – fiat stimulus has a shelf life, and that shelf life is over for the entire globe. The days of artificially supported markets are nearly done and they are never coming back again.
I see little advantage for the Fed to bring QE4 into the picture. If the goal is to derail the dollar, that action is already well underway as the IMF carefully sets the stage for the Yuan to enter the SDR global currency basket next year, threatening the dollar's world reserve status. China also continues to dump hundreds of billions in U.S. treasuries inevitably leading to a rush to a dump of treasuries by other nations. The dollar is a dead currency walking, and the Fed won't even have to print Weimar Germany-style in order to kill it.
It's Not As Bad As It Seems
Yes, it is exactly as bad as it seems if not worse. When the Dow can open 1000 points down on a Monday and China can lose all of its gains for 2015 in the span of a few weeks despite institutionalized stimulus measures lasting years, then something is very wrong. This is not a “hiccup”. This is not a correction which has already hit bottom. This is only the beginning of the end.
Stocks are not a predictive indicator. They do not follow positive or negative fundamentals. Stocks do not crash before or during the development of an ailing economy. Stocks crash after the economy has already gone comatose. Stocks crash when the system is no longer salvageable. Since 2008, nothing in the global financial structure has been salvaged and now the central banking edifice is either unable or unwilling (I believe both) to supply the tools to allow us even to pretend that it can be salvaged. We're going to feel the hurt now, all while the establishment tells us the whole thing is in our heads.
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CORRAPSE!!!!
so the renewal may be...
https://www.youtube.com/watch?v=FjmWeypvoQg
Progressives will blame it on Bush. Or the Tea Party. Or capitalism. Or the Confederate flag.
and they will be right (well except for the stars and bars).
conservatives will blame it on obama, the council on foreign relations, the bank of international settlements, the fed, central planning.
and they will be right too
They'll also both be wrong. Bush, Obama, CFR, Hillary.... these are only symptoms of the cancer eating out the heart of Western civilization.
Everything is peachy
Layoff / Closing List: http://www.dailyjobcuts.com
-
-
"Planes caused those buildings to fall"."
"We covered up the airplaine so you couldn't see it was badly damaged".
"Mission accomplished".
"No, that blue dress doesn't make you look fat. Really." *
*OK, the last one I made up.
“It is dangerous to be right in matters where established men are wrong.”
~ Voltaire
Times are tough. But they've always been tough. We survived the black plague. Countless ice ages. Too many depressions to even list. And yet here we are. So turn that frown upside down.
Obligatory Gang of Four song...
https://www.youtube.com/watch?v=A-7y65DdAco
I'm gonna go with, "I lost the Auryn, I can't find my luck dragon, so I won't be able to get past the boundaries of Fantasia."
The last one isn't the cause of the world's troubles, but it will be the cause of your troubles, if you say it wrong. Lol!
Please don't use the words Hillary and eating out in the same sentence. Thank you.
YEAH baby YEAH Hahahahahahaaaaa
Hillary Clinton was eating out Huma Abedin, when suddenly there was a knock on the door.
Like that?
And Obama says to his wife Michael, "yes, just like that! Knock on my back door a little harder, would you?"
Gross!
MsCreant are you sure your disposed husband isn't using your handle?
Should I send someone over to check on you?
</sarc>
Goddamit! Thanks for the visual.
Eyeebleach...Stat!!!!
Ain't enough eyebleach in the world.
Adults.. or junior high kids talking in a locker room? The posts above me appeal to whom? Next tell us about Michelle Obama's big butt! Giggle giggle!
The...horror.
Yep, allowing alien parasites to manage your financial sector never works out well. Double down on that by encouraging your population to become welfare addicts, then refusing to breed the required taxbase to support the ponzi and that'll just about do it.
"My greatest flaw. I surround myself with idiots."
- Victor von Doom
Then i'll say: "The collapse actually started in the 60's"
They someone else will say: "Well the collapse started with the opening of the Fed"
Then someone else says: "It all really started with Lincoln"
Blah blah blah
Maybe what's more important, and less arguable, is "What was the point of no return?"
My argument is the point of no return was 1992 - All of the free trade agreements passed shortly thereafter gutted everything over the next 10 years and collapse became certain.
We didn't start the fire,
It's been always burning
Since the world's been turning
Western civilization is the cancer eating out the heart of Western civilization, no?
I am happy to see somebody write with such a positive attitude, since I too think we're completely fucked.....
more like triple
No, they'll blame it on the Koch Brothers.
Did you mean to say they'll blame it on fascists, TBTF and crony capitalism?
i think i saw the koch sisters on a porn site
"Let capitalism be capitalism."
free the free markets?
Trumpeted
Capitalism/Fascism? Sure thing - that's pretty obvious. The rest (the symbols and the 'actors'), I don't care.
And the 'indoctrinated US/ZH-population' will blame 'socialism'.
Or climate change
You left out racism, white privilege and guns.
https://www.youtube.com/watch?v=j7U3K34spuQ
Tianjin, China is the most strategic business, tech, info and database center in the nation. The explosion was certainly the result of an attack, among other connections between currency devaluation events and violent explosions (see Bangkok). One item of intrigue is that the devaluation of currency means USD lifted higher, and much like a balloon pops if it rises too much (from pressure differential). The devaluation trend will catch fire, and accelerate the USDollar death spiral. RMB devaluation started a trend, sure to result in Competing Currency War. USGovt and USFed masters do not want USD to be given an accelerant booster rocket. Jim WillieHogwash.
http://news.yahoo.com/china-arrests-12-over-tianjin-blasts-xinhua-032254...
+1000000000000000000000000000 This article
Brandon leaves out a particularly grim element. The "health care" industry is thoroughly financialized and mandatory and everybody but the super wealthy is one illness away from ruin.
Humans and their illnesses have been turned into commodities. Half kidding, we joke we're going to hide and dispose of our bodies when we get really old or sick. Probably by flinging ourselves down the ditch at Coker Creek to let the bears eat us.
may come a day when they will pay some young men minimum wage to go searching for the sick and decrepit to haul them in to the hospital so that they healthcare/industrial complex can work their magic on the soon-to-be corpse. these guys can get a bonus for every still-breathing body they bring in. i am sure that some government fed clinic already operate somewhat like this. come on into our lobby, what tv in comfort, have some food and companionship and we will fill out some forms for you and take a look at you and then bill medicare/medicaid. sometimes you don't even need to come back, we will just fill out the forms and do the billing again.
CORRAPSE!!!!
I didn't think namaste injuns were supposed to be raciss...lol.
Left out:"It's the consumer'e fault for not borrowing and spending more"
Right. My family i.e. my brother and sister and their spouses and my 5 nieces and nephews are doing all they can to borrow and spend. They live in NY state and take it in the ass on property taxes and don't complain at all. My one neice goes to Providence University and spends (borrows) 70k a year for a Poly-Sci degree. Credit card debt and no savings is how they live life. All 5 of their prodgeny will have or have now 6 figure debts to pay off. My nephew is working 2 jobs 7 days a week while living at home just to service his 4 years of partying. My one sister is trying to retire in 3 years with 30k in in a state retirement plan. I told her to go all cash and she said what does that mean? I said at you wont make anything but you won't lose your shirt. She says she will just go into the conservitive funds. LMAO. There is no fixing the willfully ignorant even if its your family. End rant.
All you can do is tell them what you think, and if they disagree, then let them know you've got the info if they want to hear it. I did the same thing with my mom and brother, and my mom at least used her savings to buy a home. The brother...not so much. But they have at least heard my spiel, so they will know who to turn to for questions. And it won't come as such an out-of-the-blue shock so maybe they can get the jump for food and stuff. So, it's worth trying; but don't ever push it. You can't be responsible for their decisions - you did your part.
I've found that when the SHTF, the people you tried to help all blame you as the messenger.
Where did you find that? "I've found", you're dumber than Teamdepends.
Having served on various local boards (fire, water) and in other types of organizations that provide guidance and assistance to the local community - "I've Found" that "No good deed go's unpunished" by the ignorant people you are trying to help. I remember reading about a young father a few years ago who was head of the local Salvation Army was gunned down on Christmas Eve by thugs after the 'red kettle money'. I'm sure there are a bunch of bleeding heart dumbfucks out there who would say 'dude - you have to turn the other cheek!' - I say to them - 'fuck that - check out my new double barrelled pump shotgun'. Learn how to stay low and say no.
They make double barrel pump action shotguns? Who?
You gotta make em yourself. All you need is 2 pump shotguns and duct tape.
http://www.cheaperthandirt.com/product/GUN-DP12
Yes, they do make double barreled pumps
KSG-12 Keltec
WRONG. The KSG is a single barrel pump shutgun with two parrallel magazine tubes capable of holding an aggregate of twelve 2.75 inch shotgun shells. A manual switch controls which mag tube feeds the chamber.
They make double barrel pump action shotguns? Who?
I love when u warn a family hope she's okay don't have anymore time to waste on it. Your fk problem.
Same here, my entire family has shit for finances. Mom went bankrupt, same for my younger sister, both have gone right back into debt with no savings. My older sister works 3 jobs and can't make it, too much debt. Of their kids all but two are hopelessly unemployable and all of them are broke and buried in debt. O, and I'm the crazy uncle for having savings, and no debt. BTW I don't loan any of them money as my chance of seeing the loan repaid is zero, and none want any kind of advice.
I'm willing to bet a lot of us on here are considered the "crazy" uncles.
i get sick of eyerolls for solid financial, textbook advice. My kid only wants fantasy foogtball advice and his girlfriend has bought the green/hope and change agenda, more eyerolls. I halfway want to live large and spend it all but I still care for their wellbeing.
I have given all their friends finance books written by people in their age groups, to try to give credence. Not sure how well read those books are, dont care, i tried. Oh and i read every word of the books i give and tell them so.
Life is a biatch.
? for U confed
I am all cashed out except for what I have vested in a retirement fund. I know the whereabouts of pm, cash, food and lead.
Should I cash out the retiement fund? Let it ride?
Convert it to booze and beer ?
Thx
Man my friend learned how to fermit wine 20 proof, afraid of that sheet its like moonshine... Taste lighter then red zenfindel(typo) less sugary knock u on your ass.
Nice Rant :-D
you mean TPTB and their puppet media/politicians arent going to blame fractional reserve banking and debt based currency for the clusterfuck we are about to be (have been) living through! theyre going to blame everyone but themselves! for shame
"Stay on script come hell or high water" seems to be the meme.
Strong US growth is saving the Asian markets according to the wsj.
http://www.wsj.com/articles/asian-markets-ride-tide-of-strong-u-s-growth...
That is rich! Thanks for the laugh.
ECONOMIC THREAT LEVEL
Harmonious. :)
Content. ;)
Indifferent. :-
Discontent. :/
Almost fucked. :( --------- YOU ARE HERE --------
Totally fucked. :0
The Bureau of Social Harmony would like to remind you that our status is, in fact, Harmonious.
Our Friendship Cannons are being loaded as we speak!
Friendship cannons, and.... wait for it...
Love Guns.
https://www.youtube.com/watch?v=vCo2QMJcsDg
Sepultura on the nickname, Cash on the avatar and Kiss on the post.
+1
ECONOMIC SPEED
Ludicrous
Ludicrous
Ludicrous
Presidentially fucked. :-0 <====#
Barry^ ^Reggie
Ask what you can do for your country!
When do we get to arrest some banksters and get them jumpin again. Ain't got a damn one of them on my camera yet.
Um, I think you meant that you hope you get them on film. But if you get one on your camera, I hope you have your tripod pointing up.
Surely .... many of the 9/11 jumpers were bankers .... did that turn you on .... seeing Americans fall to their deaths ?
Here ya go:
http://m.scmp.com/business/china-business/article/1217852/beijing-banker...
Send in Bill Cosby to rape all of them, if he hasnt already
That's a lot of quaaludes. Long Pharma.
Leave Bill alone .... a Russian killed his son .... the socialists are after him .... for speaking up about responsibility .... he didn´t hate America .... he was gratefull and patriotic .... and his humor was positive and family friendly .... not the George Carlin hate filth shit .... that resonates so well around here .... when a groupie dates a celeb .... or sits on a casting couch .... they know what´s twat !!
Clarifying, and the Gods of Stupid
http://verbewarp.blogspot.com.au/2012/05/on-money.html
http://www.asepp.com/
Ho hum
For fuck's sake, this is akin to waiting for the smoke to appear when fhe Holy See or whatever appoint a new pontiff. Worse, the Church is sending their latest old fart in charge to the U.S. for a visit, at the same time there's all manner of black lives matter and social justice rhetoric being bandied about. At the other end, the bankers will be screaming for bailouts if the Fed raises the rate a scant .25%.
Full Retard Weimar Republic
All the cb can do now is talk down jumpers using a cheer horn and a chili dog. Obama will get his own financial meltdown to deal with and prime time speech to the American sheep. I am not a die hard gold bug but after watching this shit show for 20 years I am beginning to believe that regardless of the worlds central banks actions the cycles are getting shorter and shorter, now we are down to months between global shocks, soon to be weeks and then days. I don't care if they devalue gold by 70%, at this point it would still be better than holding onto a piece of paper with mutiple claims attached. I want to crawl out of this smoking crater holding a physical asset.
For a time I was almost convinced they could buy up the planet, almost believed that MMT, Magic Monatary Theory bullshit.
Economics as a "science" is best described as the study of data manipulation and propaganda to sucker the muppets out of their meager earnings and enrich the practitioner of the "science" with those ill-gotten gains.
Wasn't it Owl Gore who invented economics?
Gore invented Corporatism, Economics, Internet, and Carbon Credit based taxation, as well as, hanging chads, and Climate Change.
Every one knows he is emperor of the moon and inventor of the environment.
The way Voodoo is a science, except voodoo tends to be more coherent.....
Does this bone through my nose make me look smart? :>D
best avitar...by far
extra credit for owl gore lol
Decades ago when the back issues of the NY Times were on microfilm, I used to skim through the front pages of the 1930s to get a sense of what it was like. What stood out were the constant promises of a recovery and the portrayal of politicians knowing what they were doing. It was a real awakening.
None of this stuff shocks me anymore.
I used to listen to the stories by my parents and grandparents talking about the depression and the dust bowl and I couldn't understand how it could of happened and I sure wasn't planning to find out firsthand.....
Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: 'Account overdrawn'."
Francisco d'Anconia
All you need to know.
http://redefininggod.com/understanding-the-nwo-strategy/
Thanks for the food for thought.
There is a fair bit of material there but its well worth reading. I'll also see how it corrolates with the Road to Roota theory. roadtoroota.com
Yeah, thanks for that link!
I noticed this quote there:
And, consistent with this:
http://www.youtube.com/watch?v=yzdomBX8U0w
UROKO
Bix Weir has some...interesting...theories. His one about Greenspan actually being a savior...um...yeah, I think I'll just stick to your belief in silver, Bix.
But Ken's blog is excellent. I often post links to it. Here's another couple good primers:
http://redefininggod.com/the-rockefeller-plan-for-the-brics-new-world-or...
http://redefininggod.com/george-soros-and-the-china-fronted-nwo/
He often quotes Brandon Smith, as the two have similar beliefs. Ken, though, does go pretty deep into esoterics at times, but I do believe that in order to understand what will be transpiring in the next year, it is good to at least have been exposed to some of it so that what happens doesn't leave the taste of shit in your mouth when your jaw drops through your colon.
As the principle architect/engineer of the downfall of Ponzi Casino Capitalism I can assure all that the entire edifice of Ponzi Casino Capitalism is fully destroyed and will never be resurrected no matter how many 'brilliant minds' gather in any sphere to troubleshoot it.
NOTE: MASTER OF UNIVERSE rules the world.
How will they will explain why we can't get money from our ATM's, or why the banks are closed suddenly? Will the crash happen simultaneously with a massive false-flag event? Will there be soldiers in the streets? What lies will they use then?
A crash will wake a LOT of people up, even those who have only been exposed to some of the ideas presented here at ZH. Hopefully, there will be enough of us so that we can act before things get too far out of hand...but I have my doubts.
I love the cavalier attitude regarding the coming economic collapse. LOL
“We will not have any more crashes in our time.”
There is a 100% probability that will hear this one or some variation of it after the big one or in the middle of the big one. They may say something to the effect that "it is healthy to have a raging crash every 100 years but you will never see one again in your lifetime.... buy the fucking NWO currency".
I totally suspect some bubble-gummy popsickle pop star or group will sing a 21st century version, complete with booty beats and that inner city ear candy shit, of "Happy Days are here again!" I have to ask myself why hasn't the sheeple taken heed of history, but too many are deluded that "But this time, it's DIFFERENT!" and I happen to agree....It will be very different as 2008 was just that stroll in the park where you get dog shit on your favorite loafers, but I digress.
By the way, if that nonsense happens to top the music charts, please ready yourselves for such a crecendo to the economic screw job these bank$ters have already unleashed. Real Estate hasn't yet collapsed, nor have the Mount Everest of garbage derivatives - the elephant in the room that nobody at Bubblevision wants to admit issues with, spare having to scoop up its poo. Both will crash and it won't come out at all well until after the Great Reset, the Global Douche needed of leech criminal bank$ters
Don't you remember that was the essential premise behind LTCM (Long Term Capital Management). Dynamic hedging was supposed to elimintate risk, you could algorithmically trade in the stock markets and never lose money. Well HFT took up the game and eventually got there, but they 'caused just a few crashes and just a wee bit of volatility. Of course, now they are very profitable at the expense of a working market.
So I just learned about this Lyndon LaRouche guy and I am thinking ZeroHedge is run by his followers. Confirm/Deny?
Pretty rash, ipso facto logic don't ya think?
I think ZH would be promoting Glass-Steagal more if run by LaRouchites. But, they do have good info.
You can tell if it's LaRouche because they always blame the Queen of England.
Jesuit-trained, like his fellows in the JFK-assassinating, 9/11-committing (w/ Mossad) Roman Catholic CIA/FBI, LaRouche is a "limited hangout" CIA plant.
Is that why he got a 15 yr sentence?
People like you who constantly blame the Vatican and the Pope and the Catholic Church for the world's ills usually have something to hide themselves. My own guess is that your friends the WASPs and the Judaeo-Masons keep this bullshit going in order to divert attention from their own subterfuge. It's no secret that for centuries scheming Jews and crypto-Jews infested the Papal court, and finally got their way when they pressured the Pope of the day to accede to Rothschild finance some time in the early nineteenth century. No doubt your friends the WASPs and all the rest of their old English Puritan friends in the New World partied late into the night when that particular blow landed on the One, Holy, Catholic, Apostolic and True Church.
LaRouche is a communist working for the Russians.
I don't think you will find too many communists here. Libertarians are way over represented. Which is a good thing.
So LaRouche wants Glass-Steagall resurrected & your worship of an overlord media whore condemns this?
You're really a piece of work.
I'm a big LaRouche fan although I don't agree with everything he says.
All answers and more in Jubilee Year: A Novel. I read it. It's awesome!! A journey into the unthinkable. ZH isn't the only zone with with insight. Jubilee Year is more twilight Zone but it gives you pause to think. Recommended.
Oh it's already started. Just today a report that the economy is good, getting better:
http://abcnews.go.com/US/wireStory/us-economy-grew-spring-estimated-3334...
Not long ago, and article advocating that losing reserve currency status would save America.
http://abcnews.go.com/US/wireStory/us-economy-grew-spring-estimated-3334...
Can't find it, but saw another saying how losing reserve currency would be good.
In summary, it's a beautiful day in the neighborhood. Get back to your NFL and reality TV.
Your government has your back.
As I once said long ago in what to me was a mini-fight club feeder circuit that eventually led to ZH as I moved up the rankings ...as the whole house of cards shivers with abuse and neglect.
This is going to be a depression of plenty .... surplus crude, surplus grain, surplus steel .... we could all kick back for a couple of years .... Capitalism produces abundance and leisure ?
The last depression was a depression of plenty also, surplus crude, surplus grain, surplus steel, just no one had a job to buy it. The government managed to eat into it with public works projects like the Hoover Dam and roads.
I listened to a financial show tonight and they were discussing the merits of taking out a Line of Credit for a rainy day fund and lamenting the fact that no one had any emergency money set aside and this would be a good way to deal with it as well as take a vacation. Never go full retard, but we managed.
I laugh when people compare our dust bowl .... to Stalin´s genocide in the Ukraine .... maybe the world economy stalls .... because the socialist world can´t keep pace .... with the Capitalist stallion .... who wants to run .... even faster !
War ends a depression of plenty. Blowing shit and people up is the bankster way of getting rid of plenty.
They destroyed surplus in the depression.
Roosevelt secured passage of the Agricultural Adjustment Act (AAA), which levied a new tax on agricultural processors and used the revenue to supervise the wholesale destruction of valuable crops and cattle. Federal agents oversaw the ugly spectacle of perfectly good fields of cotton, wheat, and corn being plowed under. Healthy cattle, sheep, and pigs by the millions were slaughtered and buried in mass graves.
http://fee.org/freeman/great-myths-of-the-great-depression/
Aye
Novus Ordo Seclorum.
America, the prophesied "Zion's" "New Secular Order's" (viz. 1913 Latin-English Dictionary: "Novus Ordo Seclorum") rule by Truth and Justice under the perfect Creator alone supplanted "the real Anti-Christ" "engine for enslaving mankind" "Ancien Régime's" "Old Sectarian Order's" specious "divine right" of king and pope the Holodomor-committing, Hitler-financing, Holohoaxing, JFK- and MLK-assassinating, 9/11-committing banker-intermediary FedScammer ruling false-elite faction seeks to restore (rebadged as "the NWO") by disarming the People, expunging our divine right of Individual Sovereignty, and the means to defend and effect it.
Hence the most recent shooting hoax in Roanoke.
Interesting stuff, Missy. Thanks for that. Now I have something to do for the next hour or two....
Good article.
Wait until 2 am to post another good article next time.
Zero doesn't want to be accused of being an elitist shill does it?
If they are going to tell us even more lies, at least come up with something completely fucking different...something a little more original than the same, lame, blame game.
It's a prepared script read off of a teleprompter.......
No one saw the LTCM collapse and financial crisis coming in 1998. The Fed had to rescue many brokerages/banks and cut interest rates 3 times to stop a total financial meltdown. The Feds stimulative efforts led into the 1999 blowoff top and the subsequent 2000 dot.com crash that brought the economy to it's knees. Unfortunately, this time the Fed has no rate cut bullets left.
We do not know what will trigger the next crisis. It could be emerging markets needing to liquidate US-T bonds, driving up interest rates. Or it could be defaults on the 100's of billions that have been loaned to frackers that are now in danger of default as their hedges expire. $43 WTI is not enough to rescue most of the frackers in the US. Other large defaults are PR and other bankrupt US municipalities. There are many risks to the system that are currently being shrugged off, just like in 1998 and 2007. We will never know what triggers the crisis until it happens because of the lack of transparency in the current accounting systems. The too-big-to-fail institutions are now larger and more concentrated than they were in 2008.
At least we got a very good coms infrastructure out of the dot com crash. What are we getting out of this one?
Brandon Smith, in the article above, has stated there:
"... it is exactly as bad as it seems if not worse ..."
It is practically impossible to fully image how bad it is, due to not only governments being the biggest forms of organized crime, controlled by the best organized gangs of criminals, but also because that is NECESSARILY the case ...
"The establishment has made every effort
to hide the fundamentals from the public."
OF COURSE THAT IS CORRECT, BUT ALSO,
IT TENDS TO GROSSLY UNDERSTATE THAT.
The essential problem is how to operate the human death control systems, with the human murder systems as the most extreme manifestations of those, after the development of weapons of mass destruction ??? In the short to medium term, none of the long processes of economic collapses are going to stop there still being an overwhelming abundance of weapons of mass destruction.
Civilization was made and maintained by the history of warfare, which enabled social systems based on being able to back up lies with violence, which became the currently established systems of legalized lies, backed by legalized violence, where the political economy is based upon ENFORCED FRAUDS, while the death controls that back those debt controls up are based upon being able to operate through an overwhelmingly dominate frame of reference of pervasive and ubiquitous deceitfulness regarding the death control systems, which includes the layers of controlled opposition groups within the establishment, just as much as that includes the core of organized crime that is central to the established systems.
In my view, even the recording I linked above is still way too optimistic. There are NO genuine solutions which can exist without better death control systems. However, that requires resolving the ways that what has developed as the "establishment" is globalized electronic monkey money frauds, backed by the threat of force from apes with atomic bombs.
Since the history of civilization has been that of the War Kings becoming the Fraud Kings, thermodynamics became information theory, within which developments, the control of civilization by being able to back up lies with violence enabled those lies to become bigger and BIGGER, which tragic trajectory of those established systems included the layers of organized crime, just as much as the layers of controlled opposition around that core of organized crime.
Civilization MUST develop better death control systems, or else default to committing collective suicide. The latter appears to be way more probable than the former, although the former seems theoretically possible. The currently established systems were ALWAYS based on integrated systems of legalized lies, backed by legalized violence, which together made and maintained Wonderland Matrix Bizarro Worlds, based upon the maximum possible frauds and deceits. Therefore, OF COURSE, as the problems with respect to having done that become more blatantly manifested, those systems are going to continue to attempt to double down on their fundamentally fraudulent ways of operating. Furthermore, OF COURSE, that will also include the controlled opposition groups that surround the core of organized crime groups within the overall established systems.
In my view, the essential problem with respect to presentations like those made by Brandon Smith, as well as most of the other content republished on Zero Hedge, is that those are mostly the work of controlled opposition, due to mostly still thinking and communicating in the same old-fashioned ways. Despite there now EXISTING globalized electronic frauds, backed by atomic bombs, (which are NOT going to suddenly disappear totally, from at least a military perspective), we continue to have the essential problem being the EXISTENCE of weapons of mass destruction, as the means of operating the human murder systems, that back up the human money systems, while those are based upon the long history of civilization being successfully controlling those systems through those being operated in ways which manifested the maximum possible deceits and frauds. We are stuck inside the vicious spirals of the established murder systems being based upon the long history of militarism whose successfulness was based upon being deceitful and treacherous, which psychological and political habits continue, despite the development of weapons of mass destruction becoming trillions of times more powerful than ever before in human history. Hence, we stuck within a totally deceitful frame of reference regarding the human death control systems, which established systems are shared just as much by the controlled opposition groups that surrounded the core organized crime groups.
The essential problems are that there MUST be some death control systems, with the human murder systems as the most extreme forms of those, while the established systems are based on both the core of organized crime, (with governments being the biggest forms of organized crime, controlled by the best organized gangsters, who are currently the banksters) and their surrounding layers of controlled opposition, (pretty well all old-fashioned religions and ideologies), both continuing to operate through the same basic frame of reference of deliberate deceits and ignorance regarding those issues.
OF COURSE, the established political economy, built upon fundamentally fraudulent financial accounting systems, has therefore profound problems, which are automatically getting worse, faster, and becoming more psychotic at an exponential rate. OF COURSE, that already established political economy continues to double down upon its presentation of itself in ways which are increasingly false, since it was always based on being able to enforce frauds, which never stopped those frauds from still being false, but which also never before stopped it from doubling down on efforts to continue to enforce those frauds. (Despite that, NOW, the first generation that was born into systems where there are globalized electronic frauds, backed by the force of atomic bombs, is still alive today.)
HOWEVER, the underlying issues remain the same, namely, that human beings and civilization must have some forms of artificial selection systems, which operate inside of the overall natural selection systems. The intense paradoxes are that those natural selection pressures drove the history of warfare, and then the economics based upon that history of warfare, to become most socially successful through being based on the maximum possible deceits and frauds. Thus, the essential problems are that there already exist death control systems, backing up debt control systems, and such systems must necessarily exist, while the systems that now exist are based upon the maximum possible deceits and frauds, and those established systems include the controlled opposition groups just as much as the core organized crime groups.
Within that context, it is quite typical on Zero Hedge to solely blame the banksters, without ever proposing how to do what the banksters did better than they did that. There continues to be way too much indulgence in the same old-fashioned false fundamental dichotomies and related impossible ideals, which were originally promoted by the established systems, as well as also adopted by the various controlled opposition groups within those established systems.
The essential problems continue to be exponential progress in physical science, enabling the development of an abundance of weapons of mass destruction, in order to theoretically operate the human murder systems, while the basic concepts regarding the death control systems continue to be based upon the maximum possible deceits, as maintained by both the core or organized crime doing that the most, as well as by the layers of controlled opposition that surround them.
From that perspective, the crises the established systems are facing are way worse that it is possible to fully imagine, since what that requires is to resolve how to operate the human murder systems, that back up the human money systems, after the development of an overwhelming abundance of weapons of mass destruction, which will continue to be one of the things maintained, despite how much the rest of the civilian economy may be collapsing into chaos.
Theoretically, the only genuine solutions must be the development of different death control systems. Since the established systems are based on the history of successful warfare through deceits and treacheries, which then enabled political economy to become based on enforcing frauds, those established systems make it practically impossible to have any relatively rational debates about themselves, especially since the layers of controlled opposition groups, that surround the core organized crime groups, are just as much integrated into that overall totally bullshit-based perception of the nature of those problems.
The mandate of the FED is to offshore all of our wealth and destroy the middle class so that certain members of the cartel can come in later and scoop up all the goodies for pennies on the dollar. The first step was removeing trillions in home equity. Ever stop and think why MERS was founded in 1998 long before sub prime became the flavor of the month? It was all planned. The next step is the implosion of the markets. That's coming. They suppress the PMs until then so that King Dollar looks to be the safest and the MSM spews the party line. When the market tanks, only the cartel will have the money to buy, everyone esle wil be scrambling for bread and ammo. Brilliant.
Yes, Rusty Shorts, "brilliant" in the short to medium term, but nevertheless, that appears to be collectively suicidal in the longer term. I certainly agree that there are plans being implemented by the ruling classes. However, I think that they too have become trapped inside the vicious spirals of their own excessive successfulness.
I do NOT believe that the pyramidion people actually understand the systems of globalized electronic frauds, backed by atomic bombs, that they originally made and maintained. I tend to believe that things have gone utterly out of control, even by the ruling classes, because the only way that they can control is through continuing to be able to back up lies with violence ...
In my view, the deeper problems we face are the intense paradoxes that follow from social successfulness based upon being able to enforce frauds, driving psychotic attitudes of deep denial. The bigger problems have become BIGGER than human beings, in ways which have resulted the ability of some humans to control other humans through backing up lies with violence jumping the rails, as portrayed in the following cartoon, except WAY WORSE:
"It's Just A Correction!"
So I should go to walmart and buy some cheap plastic crap from China I don't need with a credit card? will that help?
Walmart sells a lot of nice stuff. Guns. Ammo. The largest purveyor of Mountain House freeze dried food in America. I've been picking up nice 3 lb. canned Hormel Black Label hams for 9.66 each (3.22 a lb.)
And as for Sam's Club... Boy, howdy...
Anyhow, my plan is to have max CC balances and lots of useful stuff on hand when Der Tag finally arrives.
But if you'd prefer the cheap Chinese crap, okay by me.
You are preaching to the choir!
My goal is to have all plastic maxed out with everything from tools, to fuel, to clothes, to ammo, to booze, to tobacco, and so on precisely when that day arrives.
When people tell me they hate the American Express Card, I look at them like they have two heads-- both of them empty.
They'll just retroactively change the law to seize any asset you have upon default.
Then it's molon labe, bitchez. Meet the greeting committee: Smith and Wesson, Ruger, Winchester, and Marlin.
That would be theft on your part. I plan to go into this thing with a clean conscience and balance sheet. YMMV.
Walmart and Credit
True story about a WalMart Credit card.
One of my friend's had been getting a Walmart Credit card letter, preapproved, for the past few years and signed up for it last year. He got a $900 credit limit, which was raised to $1,200 in the middle of the year. That did not seem too unusual since he used the card a few times.
Then, all of a sudden, with no warning or even request to do so, WalMart sends him a letter this year telling him that his limit is now $2,400! They doubled his credit limit for no discerable reason or request by him to do so.
The only explanation I can think of, is that they hope by handing out high credit limits to everyone, that people are going to 'spend it all' when the holiday's come around at year end. I also consider it a sign that they are having problems with revenue, otherwise, why take the risk that people buy all kinds of stuff from them and default on paying for it?
Yes Brandon, it's hard to disagree that an AR10 is the best blue-collar rifle the average-Joe AMERICAN INSURGENT can ever hope to own and employ in battle.
http://palmettostatearmory.com/index.php/ar-10/ar-10-upper-assemblies.html
Easy as shit to build, too. 80% lowers baby.
I own an AR10 and while it shoots nice groups at distance, my AR15 style 300blackout does the same grouping inside 200 yds, is 1/3 less weight and easier to carry/shoot. I can say the same for my AR15 style 308 plus they hold 30 round mags, which the AR10 does as well except it has a bipod so is normally shot from a prone position which doesn't allow for the longer mag.
Looking through that web site, just the barrel group with hand guard costs in excess of $600 so by the time someone is done purchasing the whole kit for a gun you are in the same range as a fully constructed AR15 style 300blackout with upgraded charging handle (gunfighter), upgraded trigger (Geiselle, $280 retail), upgraded bolt carrier group (fail zero), magpul stock, chrome lined barrel, keymod handguard and your choice of colors. I don't see the benefit of attempting to build a gun on your own unless that is your hobby and you know what you are doing? Here's an example of what I'm talking about. Compare the cost of these guys to any of the big dogs on the block and you can see that they are priced almost a $1,000 cheaper with better components.
www.daemondefensellc.com
Not being very mechanically inclined, I just went and bought an ancient SKS and replaced the trigger with a spring assembly so it won't slam fire, their biggest weakness. For $400 I've got a weapon with much more punch and cheaper rounds, that can take a pounding and still work, that I can fire and reload as fast as any AR simply by practicing with stripper clips. It isn't as accurate as an AR, but the bullets don't deflect as easily and I can get through light cover far more efficiently. Plus, it's fairly easy to carry, lightweight, and has a bitchin' bayonet!
If I purchase one of their rifles, do I have to also purchase the Mechanix gloves, a chest rig and get some awesome tatoos so I can be a tacticool oper8tor?
You know, it's the accessories which define a man.
massive omission... "We need to bailout ______"
Tyranny, Zion, and their banksters will blame it, as they always do, on the people; Well, part of the people.
That is why they have been allowing the "illegals" in, and running the scapegoat propaganda meme against them.
They ultimately want the American people blaming the "illegals," and Latinos in general, for the collapse, not their, tyranny's, plundering and looting of the economy.
Now, I did not say you have to like, or embrace, "illegals," or Latinos. Nope, did not say that. What I said is that power and tyranny will want you focused upon Juan and Maria instead of Bush, Pelosi, and -steins.
It is about priorities: First restore the Constitutional republic. Second, guillotine the treasonous, murderous, and plundering criminals. Then decide what to do with the "illegals."
Zion is a scheme, not an ethnicity.
Well the father of the "jews" was an Iraqi , was he not? Abram walked out of the land of his father Ur , which was located in Iraq. What exactly is a jew? As gentile Christians we had better get all of our ducks in a row before it is too late , believe me. You won't hear this kind of talk in church. The churches have been bought off and are silent. Chrisitan zionism comes from that scumbag Scofield and his foolish mentor, Darby. Most Christians don't even know anything about what zionism really means and just who it is that called themselves neocons. It is a war for the minds of the American people. Right now it is a war of words here , except even though our armies are fighting these jewish wars for Israel, nevertheless it is a war of words here but one day it will be much more than that. That day is coming soon. These people will never let go and will never give up. They have too much at stake now. They are close, closer than any generation of these misfits have ever been and they taste victory for it is so close now for them. They rolled for all the money on 911 and they put all of the chips on red. There is no turning back now. As the former head of the US Army war college , Alan Sobrosky, a jew himself , has stated, they went for broke and if the American people ever find out who actually did 911, there will be hell to pay and since he said some very bad things, I am not going to go there right now. But you get the picture, I hope.
.
I've been reading "how I clobbered my way through every cash confiscatory known to man". Very interesting and eye opening book. Can't find it in stores though so I've been reading it online in PDF
http://thecrowhouse.com/Documents/mary-book.pdf
how I clobbered my way through every cash confiscatory known to man
how I clobbered my way through every cash confiscatory known to man