This page has been archived and commenting is disabled.
Summarizing The True Sad State Of The World In Two Charts
You can listen to CNBC, and the president, drone on about the recovery, about the wealth effect, about trickle-down economics, about why adding $150 billion in debt per month is perfectly acceptable, and about a brighter future for America and the world... or you can take a quick look at these two charts and immediately grasp the sad reality of where we stand, and even sadder, where we are headed.
Chart 1
Chart 2
»
- 26832 reads
- Printer-friendly version
- Send to friend
- advertisements -
You cheated. That is way more than two charts. ;)
End the Federal Reserve.
Declare bankruptcy.
Limit the federal government to 11% of the GDP.
Let private banks issue private currency backed by gold and silver.
If you do the last one, you don't have to worry about the first three.
I think that in this instance, income is not salary.
The real title for Chart Two should be,
"Why You Should Have Owned Stocks in 2010."
Remember that in 2009,
The Stock-Broker-In-Chief did say it was going to be a good time to buy stocks...
...regardless of your risk tolerance, financial situation, or age.
The next time President Obama gives investment advice I am sure going to listen.
Did you know he worked for a Wall Street firm and is a millionaire?
Did your broker go to Harvard?
The Fed...
FEDERAL RESERVE BANK.It was established as the Federal Reserve Eleemosynary Corporate Estate Trust. Never heard that third word before, did you? Well, "Eleemosynary" means, according to the definition in our unabridged dictionary - "pertaining to alms, or charitable; of or for charity of alms." In other words, the American people have been DONATING their alms to it. Since our actual "coin of the realm" or "lawful money of account" has all been stolen from us, when they discontinued the use of gold and silver, we are only using "funny money" or bogus bills. Our coins are only metallic alloys - worthless, actually. In addition, they drain our energy just carrying them around. You can easily prove that. check it out...
ori
/the-age-of-machines/
machines never created man; unless you consider God/mother nature as a perfect machine. We are in reverse thinking because we are in perverse thinking; Oligarchy and feudal orders that pretend they serve the general good are by definition totalitarian and Orwellian; this is Machiavelli's legacy : don't be Saint Louis when you kill as nobody buys that anymore, be a Borgia and say its for your own good, its reason of state etc. etc. etc. People love that! The machine culture is the runaway culture of hubristic man being chased by the machine programmed phantoms of his mad paranoia in name of state or better still, NWO, which protects humanity from petty politicians and their petty lies and petty wars, and the BIG HUGE LIE that this scam defecates along his mayhem trail.
You've got a runaway culture working in your brain, fp. And guess what- People love that!
I do, anyway.
Take probiotics for that...
When Andrew Jackson wanted to kill the Second Bank of the US, Nicholas Biddle recalled massive amounts of debt back to the bank, causing a severe recession.
Bernanke will no doubt use the same "negotiation technique" (Hitler would be proud).
How will Benocide answer the chages of treason?
he won't have to, until U.S. has descended into some Huxley-Stalinist miasma where it serves those who have become tptb to disown their tools (and yes, it's a poor workman who blames his tools).
There's that word "miasma" again... Better go get my inhaler...
We've entered the Kleptocrat age
Our freedom has turned to a cage
And those at the top
Too greedy to stop
Are about to unleash primal rage!
We live in a world where stinkin rich Democrats tell the sheeple to hate Rich People, who then get RICHER insider trading off of the hate.
George Orwell was so right. He was just 30 years late in his predictions.
We live in a world where stinkin rich politicians tell the sheeple...
Fixed.
Zactly - Rethuglicans and Demoncrats = no substantive difference. Romney will be no different from Obama, who was no different than Bush, who was no different than Clinton, and so on and so on.
Except Carter.
You say miasma, I say malaise.
And to think that I voted for that peanut farmer from Plains, Georgia in 1976....ahhh, the shallowness and arrogance of youth!
30 years early...
How else? Before a firing squad.
It would be more suiting to shove $100 bills down his throat until he choked on them.
.
By being hanged by the neck until dead.
We should hang him by the dick first, and then hang him by the neck to finish the job.
You're gonna need a smaller rope...
floss???
Torture is bad, always.
CNN: Bernanke Attempts to Print Way Out of Prison; Caught."
Anyone who cities 'Nicholas Biddle' deserves an arrow up. And because Biddle had the power to do this, was all the more reason to decharter his bank. When you read the account, one realizes all the deceit and viciousness the bankers display with their backs up against it. Andrew Jackson was a politician whose stature we may never see again.
"It is maintained by some that the bank is a means of executing the constitutional power “to coin money and regulate the value thereof.” Congress have established a mint to coin money and passed laws to regulate the value thereof. The money so coined, with its value so regulated, and such foreign coins as Congress may adopt are the only currency known to the Constitution. But if they have other power to regulate the currency, it was conferred to be exercised by themselves, and not to be transferred to a corporation. If the bank be established for that purpose, with a charter unalterable without its consent, Congress have parted with their power for a term of years, during which the Constitution is a dead letter. It is neither necessary nor proper to transfer its legislative power to such a bank, and therefore unconstitutional" -- Andrew Jackson, Veto Message Regarding the Bank of the United States (10 July 1832)
"It is to be regretted that the rich and powerful too often bend the acts of government to their selfish purposes. Distinctions in society will always exist under every just government. Equality of talents, of education, or of wealth can not be produced by human institutions. In the full enjoyment of the gifts of Heaven and the fruits of superior industry, economy, and virtue, every man is equally entitled to protection by law; but when the laws undertake to add to these natural and just advantages artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer and the potent more powerful, the humble members of society — the farmers, mechanics, and laborers — who have neither the time nor the means of securing like favors to themselves, have a right to complain of the injustice of their government. There are no necessary evils in government. Its evils exist only in its abuses. If it would confine itself to equal protection, and, as Heaven does its rains, shower its favors alike on the high and the low, the rich and the poor, it would be an unqualified blessing." -- Andrew Jackson, Veto Message Regarding the Bank of the United States (10 July 1832)
"Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!" -- From the original minutes of the Philadelphia committee of citizens sent to meet with President Jackson (February 1834), according to Andrew Jackson and the Bank of the United States (1928) by Stan V. Henkels - online PDF
Buckaroo, that was great, it amost makes me cry, that nothing, nothing has changed. The vipers are as smug as ever.
He was darned good the Bank issue, but man, was he ever hard on the Indians.
While I don't condon what he did to the Indians, I can't imagine illegal immigration being a major issue with someone like him in charge.
Will this PC mindset always plague this country of ours?
The Indians, the blacks, the Chinese, the muslims; let's all weep for the sorrows of the oppressed. Ad infinitum.
Thanks for posting that. It's amazing how we think with all our technology and "progress" we're so much smarter than we were then, yet over 200 years ago the dangers in the path we have taken were seen with such clarity and simplicity.
Great quote Banzai, thx for sharing. Same selfish self-obsessed deranged lunacy, but I'd venture to say much worse given scam complexities and the fact that there is not even an inkling of an Andrew Jackson figure to even so much as try to address this today.
You would think that we might learn something fom history...but we never do.
.
That is the only thing we learn from history.
remember your high school history books? we NEVER EVER learn history. they do not teach it and they never will.
Education is dangerous. Every educated person is a potential enemy.
-- Hermann Goering
Ben has already done this numerous times when important issues were before congress... granted, it might have only been for a day or two, but it's usually been sufficient to get the point across. [and also raises questions regarding the FED's withdrawal of liquidity pre 08 crash]
Benyamin Havenstein Schacht Funk Speer Bernank, Chief Plenipotentiary of Economics, member Central Planning Board, State Secretary of the Ministry of Public Enlightenment and Propaganda
Actually, Franco would be proud. Franco negotiated with Hitler to the point where Hitler made his famous comment about having teeth pulled instead of negotiating again with Franco. Even Franco wouldn't have tried shit that the central bankers try.
Where do you think Hitler learned it.
That would be a nice way to ween us off the crack. The fundamental problem here is fractional reserve banking; and that is something beyond our comprehension to solve at this stage of the game. You can back this stuff by gold, platinum, or whatever the fuck, it does not matter if banks are playing musical chairs charging interest that never existed. My conclusion is we should have never been born in the first place, there is NO SOLUTION now. Period, end of story.
Check to see when most states repealed their usury laws and a solution becomes clearer.
I'll bite: Got list?
Usury laws only apply to yous and mes.
never happen cuz;
just observations
my classmate's sister makes $67/hour on the laptop. She has been without a job for 6 months but last month her pay was $20212 just working on the laptop for a few hours. Read more on this web site ..... http://lazycash9.com
Why take a two step forward, two step back approach?
End the Federal Reserve = Yep
Declare Bankruptcy = Yep (as well as cancel the fraud....as you don't need to declare bankruptcy due to fraud, you cancel it....but even after that we're bankrupt, so yes bankruptcy is in store as well)
Limit the federal government to 11 percent of the GDP = Nope (GDP is a horrible fungible STATISTIC not based in reality. [either way up or down someone can fuck with it for gain at the expense of everyone else] 11 percent is an arbitrary number that has no relation to reality except to some dogmatic monetarist perspective based on the current system [which would be gone]. This is an absolute horrible unneeded constraint added in by the fallacy of dogma.
Let Private banks issue private currency backed by gold and silver = Nope (we already had a private bank issue currency, and at one time it was backed by precious metals...it's called the federal reserve)....and this isn't about the 'let people barter amongst themselves type thing'. Instead you need the American Credit System, which utters credit...not debt...into the system for physical economic projects that create wealth. Then have THIS backed by precious metals.
Again, monetarism is by it's nature the oligarichs game. Any form of monetarism is instrinically a form of imperial oligarchy. We don't need better rules for the oligarchy, we need a break from the oligarchy, and all their twisted dogma inherent in the monetarism lie. You will never get rid of the oligarchy, unless you get rid of monetarism. Monetarism, what the founding fathers fought against...we won...but didn't keep it...as was warned. Now we are at a point again where minds are awaking to the lie of monetarism, but they still think it's only a lie of a part of monetarism, instead of the whole situation. Monetarism is a feeder fund to the oligarchy. End monetarism.
Impeach Obama
Glass-Steagall
American Credit System
...or the oligarchy remains in control. Maybe not to the benefit of ALL the CURRENT oligarchs, but SOME of them would still be in charge. FUCK THAT.
Yeah, I know.
I want that one.
Being a US citizen I am concerned that someone would care about "the rest of the world".
Please don't blame your US citizenism for that.
Schmuck Raker
Donny: Are these the Nazis, Walter?
Walter Sobchak: No, Donny, these men are nihilists. There's nothing to be afraid of.
That's the scene when Donny dies. Foreshadowing is neat.
.
He really can't help it. Its nature is eternal, after all.
AnAnonymouses needs to chime in on your US citizenism. Besides, he has the hands-down best avatar on ZH.
Absolutely agree.
His arguments are also quite compelling.
The first chart is made up of 12 charts!!!
kill switch
Do they nest inside each other like Matryoshka dolls?
No these guys are shoulder to shoulder, can see all at once, nice feature.
Funny about the dolls though!!
"How many fingers am I holding up, Winston?"
That's inflation for ya!
The central bankers are only doing this for the poor, unemployed..its progressive to take (borrow from others)and give to the less forturnate. The real big problem is wages in the East for hardworking qualified people is about $1.25/hr w/o benefits (Foxconn). Eventually, wages in the US/EU for most will decline and our living standards will approach that of the major city in a third world country (think Mexico City). But always remember someone else in the world has it worse...Japan will be abondoned within a few years (www.enenews.com) due to radiation levels. Coming soon to the West Coast.
Chart 2: the stuff revolutions are made of
Excellent documetary:
The Secret of Oz - Winner, Best Documentary of 2010 (v.1.09.11)
https://www.youtube.com/watch?v=swkq2E8mswI
"You cheated. That is way more than two charts. ;)"
Inflation. Don't worry, it's transitory.
REM: "its the end of the world as we know it, and I feel fine."
Yes, but you can give them different labels, like poverty, inflation, $value, price of gold, increase in wealth of top 1%, # of food stamps recipient, #number of immigrants who want to go back, Etc etc.
Dear rat. Meet sinking ship.
bit harsh is that
Got vaseline bitchez?
No,,,MOBIL 1
I like to trade in and out of the Vaseline 3x ETF. That's where the real action is.
I spent my $80 in gas this morning.
You need to trade that SUV in for a Yugo.
Fretting about petrol is for the little people.
Leona is that you?
It's our RIGHT as American citizens to bitch about the cost of gas (energy) (while holding our 500ml bottled water that cost $1.25) damn it!!!
I can't believe people do that shit (except in Fla.). I have never bought a bottle of water and never will.
At the marketing meeting:
Will Americans pay big money to drink tap water shipped across the globe in little bottles? Are they really that naive?
Our research says that they are.
But, it is just tap water!
Nevertheless...
So, what are we going to call this?
Maybe something that sounds French?
http://www.flickr.com/photos/rogerio/3024415995/
Good call. I'm unable to decide if bottled water being sold is just a sign of the dumbing of the herd, or if it can instead be used to somehow gauge the real economy. As long as people are converting labor into somethng that falls for fucking free out of the sky, we might not be ready to tip over the edge.
Miller High Life, while not actually real beer, is a cheaper substitute for bottled water, and you don't get the plasticizers in the bottles.
Beer!
Not nearly enough fracking going on in your area. Contact your congressman.
If / when the SHTF you may wish you had...
No, I have mountain well water. It is so cold it frosts the tap. Eat your heart out.
I'm not sure if there are any remaining Yugos that still run.
Was watching a movie with the kids on the Disney Channel (my avatar speaks volumes about my real life) where a mother and her teenage daughter were trying to get acorss country and they had to buy a Yugo from a garage. The exchange went something like this...
Garage Owner: "Well, I've got just the one car I can sell you."
Mother: "Ugh...a Yugo?"
Daughter: "What's a Yugo?"
Mother: "It's a car, from before you were born, made in a country, that no longer exists."
Only laugh I had during the whole movie.
they're called Chevy Volts now
Not running means it's cheap on gas. Keep the gas cap on and the evaporation rate is quite low.
Hmm. The charts are all basically the same, and all of that sheep/serf debt is ending up as cold hard cash in the hands of a few at the top. Any question about who is really running things (hint -- it's not your individual government).
One of the best arguments I have seen for trying to get into the top 0.01% of earners.
The 99%'ers all just got theirs from going on Oprah & getting a free car...
That is weird when you think about it. A .01%er giving away free shit to 99%ers.
What's her angle anyway? Is she trying to atone for the collective sins of her class or is she just nuts?
They are clearly not the same. Note how some countries can address the Debt/GDP imbalance with action, while others, like the US, cannot.
OT: Finnish YLE writes the EU itself is facing a budgetary crisis.
Via Google translate:
http://translate.google.com/translate?sl=fi&tl=en&js=n&prev=_t&hl=fi&ie=...
And just where the hell is Iceland. Oh yeah, freedomville. Fuck the IMF
Indeed mate, indeed!
Lackey: Madame, the peasants have no bread!
Obama: Let them eat brioche, or Double Quarter Pounders™ with cheese!
Spastica Rex
Fuck dude where the hell you been? Michelle don't allow that shit to be eaten anymore.
O: Let them eat Hope.
Tomorrow! Tomorrow! I loves, ya , Tomorrow! You're only a day away!
I don't see no class warfare! Move along . . . move along, little sheep.
Don't worry, my sheeple. Better pasture lies just beyond this 'little' hill. Follow me... and CLIMB.
Just up this little ramp here, and around the corner, through the door and then you'll be there.
Modest Mouse has some nice imagery for that one:
http://www.youtube.com/watch?v=CTAud5O7Qqk
"A fake Jamaican took every last dime with a scam.
It was worth it just to learn some sleight-of-hand.
Bad news comes don't you worry even when it lands.
Good news will work its way to all them plans.
We both got fired on exactly the same day.
Well we'll float on good news is on the way."
Seriously, screw that soma-song.
"That Keynesian phony took every last dime with that scam.
And if you don't like it they'll take you away in an unmarked van.
Bad news comes don't you worry even when it lands.
Uh oh that's half your own leg you're now holding in your hands.
We both got fired on exactly the same day.
Well we'll float on SNAP cards are on the way."
But class warfare with the 1% would mean I would have to be on the same side as smelly Occupy hippies and fat welfare queens. Also, if push comes to shove, I'll root for the 1% because I heard that if I don't, I'll never get to be one of them.
Yup, that sums it up. It works every time.
The NWO is counting on this knee jerk of ..."I'm not one of them so I'll tag along with the 1% even if I'm not one of the them". Just like the Casino kings rely on those who come play roulette; guess who wins in the end. Serfdom is serfdom, but the general feeling is humanity is doomed to return to it. SO why fight the inevitable; we aren't made of the stuff that made the founding fathers...That's the point of those charts...if we keep going down the red dotted line.
The main body of current useful idiots appear to be the 80-99th percentile crowd who see their 401k and IRA balances again ballooning and retain foolish hopes of a similar reinflation of home values.
They don't want no trouble, gotta just keep on keeping on serving with a smile the top 1% and surely everything will pay off in the end . . . they'll get their just reward, right?
The Big Market Dump to come is gonna tear their tiny little worlds asunder.
Too bad the chance for sensible reform will be gone by then . . . along with all the money.
I'm inclined to disagree with you on the market dump. I think the expendable passengers will be ejected from the lifeboat one by one, with the full blessing of those remaining on board each time.
Huzzah, it wasn't me!
+1 succinct
And I'll loudly oppose the Estate Tax because some day I want to be in the 0.1% of the population it applies to, and besides, I heard Fox News call it the "death tax," and it doesn't seem fair to tax people just because they died.
It doesn't seem fair to place a huge debt burden on people just because they haven't been born yet.
How about apposing it because it's not your money and you have no moral or ethical claim on it.
Both are useful idiots, just different tribes. Best to be far away from either group and fight for your own survival. You might meet a few kindred spirits on the vast plains or in the endless bushes. You will not meet any useful idiots who are dependents of the state (whatever state that may be) in the wilderness.
.....let's see, short Walmart, get long Cartier....ok....so far so good, but that 'bottom 99%' appears to be getting armed up...note Ruger is sold out.....something to ponder in that.
rosiescenario
"but that 'bottom 99%' appears to be getting armed up"
Get back to me when they start setting themselves on fire. Or better yet when they start setting the 1% on fire.
The idea that the 99% could harm the 1% is without any foundation.
See the link below and realize who controls the military. The only way is to cease participating. Don't deal with banks. Don't borrow money. Don't buy crap made in China. Get by with what you have.
http://en.wikipedia.org/w/index.php?title=Military_budget_of_the_United_...
+1
Opt out.
Disintermediation in...
And of course it's those very same 1% who are getting all the gains who are telling the plebes that everything is rosy.
Orwell, Marx, Lenin, von Mises, this was predictable a long time ago. Every society collapses with the powerful plundering the public. Democracy and capatilism, with their principles of freedom and equality now exposed as pretenses, are no different.
Bullshit.
It's not the structure idiot.
It's the contents.
GJP, we do not have Democracy and we do not have Capitalism - we have Central Planning dressed up in Democracy & Capitalism clothing. And that is why things are all fucked up - central planning - big intrusive Govt.
I agree. The principles of capitalism and democracy have been betrayed. An open question is whether they can ever be honored. Something about power corrupting ...
Agreed - personally I don't think "human nature" will allow them to be honored for long. Thank God for the 2nd Amendment !
Our nation, and the West in general, is being looted as the last step before its destruction.
The US is a Fascist state. Why do people still believe the myth of Capitalism and Democracy? The preservation of the western status quo requires bread and circuses, which clearly require inflation and acquisition of resources via military conflict.
Russia and China are playing the same game and are linked to the U.S. in a sense. Iran is trying to completly change the rules and they are succeeding. Keep waiting for that next round of "talks" while they saw on your neck with a dull knife.
why is Ireland so low relativley speaking?
It's alway's about the money.
Actually, it's always about sex and power. Money just happens to be the best way to achieve both.
My interpretation of these is liberty succumbing to tyranny via financial repression.
You say it like it's a bad thing (recession).
Why is the comparison Debt to GDP? Why not look at debt to revenue?
That's gross. If he did that, half of CNBC would immediately jump over the cliff. The other half start reading ZH and understanding how they were part of the problem.
You have to default on all this debt and the young people will. These projections dont take into account a nice little 75pct+ haircut to all the idiots who bought this debt in the first place. Investors : Meet free market reality.
If everyone defaults, does the FRN$ remain the world reserve currency? Buy some more, bitchez!
i hear the Jeffersons AIN't gonna move on up to the East Side.
I find these charts projecting things (other than demographics) beyond 5 years to be naive and not instructive. Does anyone believe current trends can continue beyond 5 years? I'll be shocked if it lasts 2.
As for the 2nd chart. From a recent WSJ article on Greece:
"Mr. Vourtsis is among the one in four Greeks who say he or she wants to leave the euro and return to the old nationalcurrency,the drachma. "We who are unemployed and are already living a reduced quality of life have nothing to lose," he says "It's the banks who have something to fear "."
Let me say that while I do live in some fear, it serves as both motivation and hope for a better future beyond this mess. How are the 1% going to deal with the fear that might grip them soon?
When the reset occurs the dollar will be devalued by at least 40%. Hope you are ready for that outcome. I'm not sure anyone can prepare properly for that. Bernanke or whoever will have no choice. BTW it's also likely they will try to confiscate your precious metals at the same time.
BTW we are likely some years away from this happening but it is the future unless this spending binge is brought under control.
How does the dollar get devalued by 40% when it's measured against other floating (or submerged) currencies? Floating currency rates in the aftermath of Bretton Woods was the masterstroke of the globalists that has kept the ponzi spinning for the last 40 years.
As sovereign economies go broke, one by one, the US will be among the last. In the interim, it's a yo-yo upon which the elitists pull the string.
Dream on ... it's the only way a reset can occur. I won't debate that others fail first but it's coming here as well.
I think I have posted this a few times but this site is large and you can't reach all, I'll post it here as it talks the 40% and gives ZH a plug..
http://www.youtube.com/watch?feature=player_profilepage&v=cJg99tGolNI
too late for that
not enough tax revenues there to make-up for the balance when the government spigot shuts off
government is the biggest consumer, the biggest employer and the biggest factor driving the economy
Imagine what these charts would look like if they used actual data instead of government manipulated figures.
Red lines on charts always make my ass pucker!!
"Your going to hear a giant sucking sound !"....Ross Perot These graphs look like Trickle Up Economics....but you forgot to show the increase in government revenue....they are the heel of the boot that's on your neck ! Monedas 2012 Comity Jihad Spread The Wealth Tour
Ya know I'm thinking, only a disaster can save me now!
Looks like the wrong 12 step program to me...
Actually, it is that second chart that tells so much.
In 3 short years the threshold for being in the 'top 1%' has moved from 350,000 to 250,000 and now to 105,637!
What this really means is that the Obama plan of spreading the wealth, err, trickle down poverty is working!
People have less money today than before.
Sorry, crash, but you need to read what the graph represents. It's total increase since 2010, not the gross total, or do you think the income of the bottom 99% is $80?
Plus, get thee a proper avatar!