👉Sovereign Debt, Matters : We are in a Fat Ugly Monster Bubble !!

👉Sovereign Debt, Matters : We are in a Fat Ugly Monster Bubble !!



Total U.S. debt reaches $55.9 trillion amid significant increases in corporate and government borrowing. Total domestic nonfinancial debt jumped by 11.7% to $55.9 trillion, the Fed said in its quarterly statement on domestic financial accounts. The debt had increased by 3.2% in Q4 of 2019. The biggest debt gain comes on the business side, rising 18.8%, while federal government debt also jumped 14.3%. Total federal debt recently passed $26 trillion. We have raised 96% of that debt ($24.5 TRILLION debt) since 1981 or less than 39 years ago. It took the US over two centuries to accumulate its first trillion dollars in federal debt, a number which was surpassed for the first time in the fourth quarter of 1981. What is stunning, however, is the recent pace of increase: total debt was "only" $23.5 trillion on March 23, the day the Fed unleashed unlimited QE, meaning that in two and a half months, the US has added $2.5 trillion in debt. And the punchline: the US added the last trillion dollars in the shortest time on record, achieving this remarkable feat in just one month, since May 4, when the total debt was just under $25 trillion. We added an extra trillion in just last month. That means the debt will double by 2022. Imagine if the average middle-class American planned on doubling his debt by 2022. What could be bought with money totally another mortgage balance, student loan balance, car loan balance, and credit card balance. We're talking $500,000 or more plus salary, to spend in just two years! The COVID effects are starting to snowball down a hill. Wait until the forbearance period runs out, and housing gets sucked in. The roller coaster is just getting started. Fiat bugs and mutants who say debt doesn't matter are going to find out the hard way that debt does indeed matter. The new slogan, sovereign debt, matters! We are 26 Trillion dollars in debt. The government has agreed on a stimulus of 5.5 Trillion dollars and another 3 Trillion dollars next (8.5 Trillion dollars so far). This basically means that our national debt is going to be in 30 Trillion dollars range. Household debt rose 3.9% due in large part to an increase on the mortgage side of 3.2%. Consumer debt rose 1.6%. Only Private-Citizens with Student Loans get NO BANKRUPTCY PROTECTION. I give it a couple of months when the credit cards of the people who are already maxed out stop working, and there's no new income to pay off the minimum. Meanwhile, food will be more expensive, and EBT benefits will not rise in tandem. From 2016-2020 we have tripled our budget deficit and increased our national debt by 20%. Future generations are going to have to pay for this. It's very clear that EVERY President keeps adding a few Trillion dollars, and more specifically, Trump and CoronaVirus are adding a lot of Trillions of dollars to our national debt. This debt is like an ever-heavier weight spread across a population that isn't growing, and eventually, the policies of avoidance will crush whatever is under it. There is NO WAY we will pay off the national debt. We will simply pay the interest until we can no longer even afford that; then it's a complete collapse. The big cities will go first and hard. Supply chain disruptions will be massive, and the cost of living is off the charts, so people will get behind the eight balls almost immediately when the people who are living above their means suddenly lose their income. Then come the street gangs. There is a reason Trump is activating National Guard on the east and west coasts, and it's not because they are fighting the virus. The Collapse is inevitable. No politician has the guts or brains to save the current system. The time to protect whatever wealth you have is now, as stagflation and eventually, hyperinflation will wipeout whatever value is left of the U.S. dollar. It will never get fixed until the system collapses. Talking tax increases and benefit cuts does not win you votes. Trump wants to be re-elected if that means financial collapse and the middle class destroyed, so be it. Maga! He said he was the King of Debt, and he ain't lying. Winning! Which is why there is exactly NO alternative to saving in gold. "Investment" is dead anyway. Return on Investment has been reduced to zero under a flood of printed paper credit. Bank accounts are certificates of confiscation. There's zero yields anywhere unless you are prepared to accept the enormous risk, and real-terms, organic "economic growth" has been gone for years, never mind what the useless "GDP" data releases blurb out. Just put the debt into the stock market like the rest of us. No risk and unlimited money! We're ALL gamblers now, bettors because that's all that is left. The Weimar Republic will look like paradise compared to what's coming. Extraordinary to me how the average Joe really has no clue about the epic seriousness of all this. Printing still requires supplies and labor; computer digits don't. And that, my friends, is significant. Fun Fact: By mid 1923, Germany's central banks were using more than 30 paper factories, almost 1,800 printing presses, and 133 companies to print banknotes. And don't forget about the $250 trillion in unfunded liabilities boys and girls. That is debt, no matter how you slice and dice it. America is $250T in the hole, but everything's going to be alright, folks, not a problem. That includes the unfunded promises for Medicare and social security. It’s unfunded even though our employers and we sent the money in - because corrupt congress stole it. So they will have to borrow to make the payouts - which seems like we paid twice. Now we see why smaller government is better government; They stole more than our social security payments. They undermined our life's work into nothing and made us pay for the weapons they will use to shut us up. The US economy to debt ration is equal to that of Greece’s ten years ago, and that is using a US pre-Corona economy. The next six months will be interesting. The rate of U.S. Debt growth has gone parabolic! There is no turning back from this insanity. The only out is through a smoking pit of disaster, crawling out the other side to start over. The federal government has a huge balance sheet. Oil and gas leases totaling more than $150T for starters. It must be nice to leave your fiscal mess to someone else. Politicians only know how to spend. The nation is bankrupt. Sooner or later, we will have to declare bankruptcy; or borrow from an unknown source to pay the debts. Then whoever we borrow from will pretty much own the US. If the government continues to print money, then money, in general, will start to be worthless. All the people who worked hard and saved and lived within their means will see that money’s value decrease because of over-saturation. I cannot honestly believe some people don’t understand that if you receive money for doing nothing, then it needs to be repaid. It was not enough to hold the markets up. They needed Unlimited QE, i.e., another 2 trillion dollar injection now. What they got is a slow drip, while Jerome sounded like he was the candyman to equities. He did say markets should price in risk, meaning no PPT saves and let the markets fall until they find a now Limited QE medium. Robinhood traders will get slaughtered, and the Fed looks good. That was just to bail out the 1% who own stocks and bonds. It is going to cost a bit more to keep the other 99% from burning the country to the ground. Until the GOP Manifesto for "Tycoon-Tax-Freedom" is firmly dealt with, and "Fair Share Responsible Taxation is restored and a Wealth Tax on the 1% Oligarchy who have accumulated 50% eliminate "Greed-Breed" entitlements. We can start by closing the tax loopholes for huge corporations and remove the roll-back of the taxes they paid. Thirty-five percent may have been a bit much. However, thirty percent would still afford the big corporations to make profits and produce millionaire/billionaire CEOs. Twenty-one percent is obscene. Must close the loopholes. Everyone should expect taxes to increase, both federal, state, county, city, and of course, when there is a budget deficit, the first thing to go are social programs and education. This is how wealth transfers happen in the US. The Fed bails out airlines, Hedge fund companies, banks, etc. etc. i.e., their buddies mega corporations without needing to pay it back. The fed makes money off the interest for hitting some keys on a computer creating fake currency, and the hard-working Americans via taxes pay it back. So we pay for extremely wealthy people to get even more wealthy. Meanwhile, small businesses only hope they can qualify for a loan (most won't get one), and they have to pay it back with interest. The FED exists to support greed and irresponsibility, simple as that. The US, Japan & Euro zones all need to man up and accept the mistakes they've made. Put greed aside, and let markets/economies clean themselves out. Stop this money printing bailout mentality and return to free-market roots. Otherwise, this thing will just keep going on, and reward for effort will be a thing of the past. Stop rewarding stupid & corrupt behavior! Stop corporate welfare end wall st, and the stock market that way companies have nothing to do with their money except investing in their workers and their companies, not their stock prices. Start collecting taxes from them. American business mentality is to borrow egregiously and make very risky bets. Then when everything goes wrong, deflect the negatives of the risk by having the Fed bail you out or game the system. How much longer can moral hazard be ignored, rewarding these inefficient and dangerous business practices instead of punishing the ever wealthier executors? Americans like living on debt, but the party is over. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The market bubble doesn't turn my stomach as much as the debt bubble. Unless you've bought recently on margin, a correction might sting, but it won't bankrupt you. Debt, however, needs its payments made. And if you've got one low payment too many, it gets ugly fast. Add a few trillion here to the debt and add a few trillion there to the debt and pretty soon, still, nobody gives a damn, because everybody knows that in order to keep the shithouse's walls from imploding, there will have to be another few trillion added here and another few trillions added there. That is called Ouroboros economics. Until now, it has been a discussion about billions. Now we shall hear a discussion about trillions. Three zeros difference. Zero is nothing until you keep adding them to the end of a number. And with the dollar devaluation coming, it will be quadrillions. Forget trillions. This is the Buzz Lightyear economics: To infinity and beyond. Well, at least we are in good hands. Our current president is the best president in American history...in handling bankruptcies. He has a lot of experience, and that's what we need right now, one with experience. And now I understand what he was saying when he said, "I am the chosen one." Who else would be able to handle this pending, greatest bankruptcy in the history of mankind? After all, he's gone through 6 bankruptcies already. And America will become his 7th. The USA is a Republic run by Big corporations. Therefore, it is actually an Oligarchy. Elections will not stop this as it gets worse every time. The top 0.1 % of the Super Rich have decided who wins through gerrymandering and by keeping this antiquated Electoral College system, both favoring the top 1% of the population. Compared to the EU countries, the USA hard-working citizens do not have any universal health care system, no six weeks/ year paid vacation, no 38 hours of work, no nothing European citizens have. Why is that? Well, the taxation system is much fairer, military expenses are far lower, so Eu can afford to make laws favoring the interest of their voters. In the EU, the politicians are afraid of the voters; in the USA, they are afraid of Big Corporate America! There is no money in the banks. Your bank accounts reflect a measured value of somebody else’s unbridled power. We are allotted credits by the secret elite that allow us to live falsely believing they have not enslaved us. Capitalism is simply what communism sees in the mirror. Nothing is going to happen to fix our deficit because both parties (and people) are addicted to debt and never-ending GDP growth. There is no way out this other than inflation. It is not possible politically to cut benefits and raise taxes sufficiently to make any meaningful headway on the national debt. It is just too big, and the political and social forces against deep cuts and big tax increases are too entrenched. Fix the problem by cutting politicians' entitlements, politicians' luxury spending, and stop giving tax breaks to wealthy, who need to pay taxes on all income. Stop stimulus pay to big companies and to those who make over $90,000 a year and to noncitizens with green cards. Cut multiple living expenses to presidents with multiple security to adult family members. Now, that is a good bog start to boost our economy. Cut Federal salaries by 50 %. Cut Federal benefits by 80 %. Cut Federal Holidays by at least five days. Cut Federal pensions by at least 50 %. Cut congress pensions by 100 %. They do not deserve a pension for two years of doing nothing. Cut congress medical to the same the retired people get. Watch the budget balance in a hurry. - The Fed counterfeits dollars by the trillions, destroying their purchasing power and driving up prices. - Funds endless wars and welfare. - Creates massive and artificial economic booms, that must be followed by painful busts. - Bails out the politically-connected, creating an economy riddled with zombie corporations. Central planning is (as always) a disaster! The FED will bail till it cant bail anymore, complete economic warfare followed by the destruction of society. Post-Coronavirus, the situation will be two times or five times or ten times worse. Global depression is imminent and will continue for an indefinite period as depopulation, deleveraging, and decline are the natural state of things. Cast off the lifeboats...the Titanic is going down, and we'll be in small boats on very rough seas from here on. This was going to happen. Eventually, Coronavirus has just accelerated the timeline." 3 D's. Depression. Depopulation. De-dollarization. It's the New World Order. Serfdom. Destroy middle class, small business, pensions (public and private), 4o1 ks. Doctors can't even perform surgeries right now unless they are emergency surgeries. Virtually every business is suffering. When the formerly comfortable middle class loses everything, the government will come in to "save us," with public benefits and police state. No honor among thieves. The greed pandemic is upon us. The real looters are living in wall street, and they're looting our money by the trillions. I personally hold the Globalists and their Federal Reserve accountable for this Global Depression scenario. They are responsible for inflating the currency and all bubbles, enabling criminal behavior, and destroying the economy in the process. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Bankrupt Hertz Stocks up 50% -- Day Trading Madness !!

👉Bankrupt Hertz Stocks up 50% -- Day Trading Madness !!




Hertz stock went up over 50% after the company announced on Thursday its plans to sell up To $1 Billion In new bankrupt stock. After announcing the opportunistic sale of newly bankrupt shares, "investors" are bidding the rental car company's stock up 50% this morning and back above its pre-bankruptcy levels. You CANNOT make this stuff up. Beyond corrupt and out of the box insanity. Peak Stupidity and Insanity. Hertz up 25%+ next week, bet on it. Robinhood Autists will buy it with both fists. This is a bet that stupidity exceeds infinity, and one guaranteed to pay. This will be epic. They will clean out the stockholders, dump 80% of the cars, all the insiders will pay themselves handsomely, then the debt will get a restructure, and fresh stock will be issued again at $20 / share IPO (of course after the insiders give themselves a large chunk of that fresh stock block). And the public will buy it with both fists. If a consumer ran up a debt on a credit card knowing they're about to claim bankruptcy, that's fraud and can be prosecutable. But Corporate Welfare Socialists get away with whatever they want with Wall Street and the Banks. Every big corporation is now literally "Too Big To Fail" and "essential." Total Corptocracy is what the USA has devolved into. Absolutely no moral hazard or accountability for anyone but the sheep. Nothing changes until the guillotines roll. We are in a bubble right now; the only thing that looks good is the stock market. But if you raise interest rates even a little bit, that's going to come crashing down. We are in a big fat ugly bubble. And we better be awfully careful. We have a Fed that's doing political things by keeping the interest rates at this level. The Fed is not doing their job; the Fed is being more political than Secretary Clinton. By the way, those were the words of candidate Trump in 2016, not of today. Stocks are up because our counterfeiting Federal Reserve keeps digitizing dollars and that trillions of newly "coined" currency have to go somewhere. Well, it goes into the stock market - pure and simple. What a grand scheme. Seriously, has no one noticed that Trillions were just stolen from citizens and handed to the bankers? The Fed knows we are screwed. So blow bigger bubbles to try and make this mess go away. Why the hell do you think it's going up?. The FED robs from the poor to give to the rich. They gave the common man $1200 to look the other way. This market such a joke. So many of us have our retirement funds and 401k's invested in this joke of a market. The stock market is no longer about anything. Hertz files bankruptcy, and people are still trading their stock. It was up 888% in 3 days, then down 60% in a day or two, and now it's up to 50+% today. The robin hoods are buying Hertz, hand over fist. I think that they think that Chapter 11 is the one after Chapter 10. The same thing with Chesapeake energy. Another bankrupt company that saw its stock jump from $17 per share to $72 per share in a matter of a few hours only to drop right back down to $17 in a day. With days like yesterday, a week's worth of gains is wiped out in a day. I just don't see how equity buyers see any value with the debt so high. The bondholders are going to take a haircut too. Until the Robinhooders are gobsmacked by reality, this lunacy will continue. What if the FED is doing this with its own Robinhood account? Anything is possible in this crazy world now. I see the fraud is widely prevalent in the system. There were 100s of bankrupt companies kept trading after filing BK11, and eventually, it became 0. There are many companies insiders manipulating stock prices ( maybe shorting their own stock through 3rd party, spread the bankruptcy rumors, cover it at the bottom for pennies) In many cases, there retailers trying to fight out this nonsense ( without any oversight in this wild west ) to pull their tail out of huge losses somehow. Hence they buy up stock to cause the shorties to cover at higher prices. There are literally 100s of companies stock manipulated like this in the past while SEC is sleeping at wheel or watching. Come on now. What fun is left in the world if you can't pretend to be a bigshot day trader investing in bankrupt companies that are issuing stock! Truly the world has gone crazy. The greatest economy in the world, 100% backed by retail bagholders and funny-money wizards. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. This market is not normal. DJI went up 4000 points in a month. That's a lot of profit to take off the table. After yesterday, people are going to take profits on any bounces. Markets are still overpriced. The old pump and dump surely to happen. The rich got all their losses back and knew when to pull the plug. Super fishy market going on. There was no stopping this market a few days ago. A classic market manipulation, how do you think they're stealing your meager capital. The America I knew, has rather changed. Now it seems that the horn of plenty is only open those who own stocks. I once remember the horn of plenty was open to hard-working Americans, who held down jobs for decades. Issuing endless debt, taxing capital, and consuming it, and printing “wealth” out of thin air definitely works. Definitely, it does not matter what they do - because the real economy is not recovering. And they can't continue to print money at this rate without making the dollar worthless. You cannot use sand as a currency when you live on the beach!! The Fed is, was, and will continue to prop up markets. Right now, you've got day traders pumping things up due to low volume, and you've got qualified investors cashing in to close out positions and banking profits. The large scale investors have far more money and shares invested, so the stock drops much faster when the big boys start cashing in. Can the Fed really fight this massive exodus from equities and keep it propped up artificially? Everything is possible, even the impossible. Bankruptcies are the new growth industry, so why not take advantage. This market is not for those who believe in fundamentals. The economy NO longer matters ... NOR does the real economy ... NOR sky-high unemployment. All that matters is that wall street reelects trump. He is "The CHOSEN ONE." You can fool some of the people some of the time, and that's enough to make a decent living. Ever since the Dow was DOWn around 18k, the FED PRINTING PRESS has been in OVERDRIVE. Awarding stock market gains to the wealthy by way of taxpayer debt. Anyone surprised?? How long can this game go on? Stocks should keep moving higher unless the fed's printing press breaks down. It’s all about Program Trading. The stock market is not the leading indicator of the economy anymore (that's now an old economic theory). It has been taken over by the algorithm-driven program trading (Math/AI models), controlled by 20-30 major financial services companies (hedge fund, brokerage, private equity, etc.). These models decide the daily swings of the market. When the models are in tandem, the market generally stays up all day long (as was the case today); when they conflict, some wild swings come into play. Obviously, the central news and events are heavily weighted in those models. Of course, while the other professional day traders play along with the trend, they hardly influence the direction of the market anymore, contrary to the conventional wisdom or belief. There are people who buy just to be buying. No fundamentals left, just roll the dice. That what I see people doing. The market has been overvalued since 2015. I think if people ever start looking at the company's data and start following the market fundamentals and taking a realistic look at the economy, the market will fall over the summer. Never in history has stock prices been this disconnected from the value of the underlying companies. At some point, the reality is going to set in -- and it isn't going to be pretty. Gotta be crazy to put money into the market right now with the first little blip of a second wave of coronavirus cases right around the corner. All physical Retailers and theme parks and restaurants and hotels and airlines and cruise lines and theaters and sports are all toast. Most small businesses that require people are toast. The market price is in the ionosphere, and most companies, 90% or more, will see revenues and earnings decline for many years. Its just reality, and there are few places to hide now. There is not one good reason to buy stocks or bonds. The pace of unemployment historically high, FED and Government debt at all-time highs, household debt at all-time highs, FED forced to bail out banks (again) with unprecedented QE and Repo Loans, civil unrest in the country with protesting, looting, rioting, and killing, after limping through the weakest recovery and expansion in history. The U.S. economy is sinking deeper into the abyss. This is what the FED has created. Donald Trump has not drained the swamp. He has made it deeper. What the Fed has not mentioned is the precarious position banks are in right now. Bankruptcies are coming, and some big banks are going to lose their shirts. Remember Lehman Brothers? Get ready for round 2. I am looking at a run on most of the US banks, especially if this COVID-19 increases starting this summer & Fathers Day & huge riots in the large cities. Already took out everything from the safety deposit box - not covered anyway by FDIC. With the Money Market Reform Act, you won't even be able to withdraw what little money you may have left in your bank, savings, or retirement accounts. It is not a matter of if it is when is the only question. The titanic is getting set the music is playing, but we are hitting a solvency iceberg. Debt unwinding is coming. The America, as we knew it, no longer exists. Get right and sit tight; the worst is yet to come. This is worst than in 2008. We have many more unemployed. Car loans, mortgages credit card debt are all going to be in trouble. That means banks and car dealers and so on and so on. I see a recession for 2 to three years. The market can never survive normality again - it will just be FRAUD until there is NO market! Fraudulent, open blatant corruption, and shameless cheating. The stock manipulators do what they know how to do. They add nothing to the wealth of our nation. Crazy speculation works until it doesn't. Calls Puts Naked shorts are a life of their own. The curtain has been pulled down on the Wizzard in the emerald city. The economy is gutted. We are on the verge of war with China. Our cities are being torn apart. And nothing will stop this meteoric stock market rise until November 3rd, 2020. Then comes the trump dynasty. It kind of am reminds of the Romanoff's, and we all know how that ended. The whole stock market is complete utter trash fabricated to benefit only the wealthy and screw the poor. They get the laser speed trading while poor puny bastards are using 4G internet trying to catch up like Robinhood. Front run every trade! A few cents times, billions of trades per day adds up! Computer programs run the markets. Not you. All they care about are making money and making money. You are who they make money from. They're not going to let you go anywhere. The Markets have morphed into video games. This is a nothing market. The only way to win is not to play. Only a moron would play this casino. If we went back to the gold standard, we wouldn't be trying to spend all our time speculating. We would be inventing stuff. Our economy became financialized by fiat - imagine all the Wall Street jobs that would go if we returned to the gold standard. Robinhood won't order fill unless you are a cent above ask and a cent below bid. Better yet, they then sold their order flow to HFT players, lock their players into dark pools, and then block withdraws. Oh, did I forget their clients are not even buying real stock. Their just buying a digit inside Robinhoods computer. Their trades don't even go out to any exchanges. Oh, this one even funnier they just shut down selling while the market routs and their indexes are like 2% off the real market. The rest of the brokers are probably blue with envy that their frauds are modest in comparison. That's the power of free. Save your commission. Oh, just in case you want to make it even better, you can invest in a company that's bankrupt, like Hertz. What a deal! This is how the scam works. YOU buy say one share of a company - $1300, which is fine. But the order never gets to an exchange, and you never owned the stock. As the price climbs on the aggregate across 1000's of share buyers, millions of dollars flow into Robinhood. Then they simply watch the futures and shut down while the market corrects. Because nobody can sell while the price falls. Robinhood keeps the arbitrage spread of the price fall. That's why they'll always shut off while the price falls. Once the price falls significantly, the trading is reopened, and the client is now staring at their losses. So they sell. Robinhood credits them the difference (loss). Plus, they also squeeze the client a penny spread above ask and below bid, which is more % in their pocket. Aggregated over the 10's of millions of traders, they are making 100's of millions off this. Oh, if that's not insulting enough, the HFT's see your order flow and their algos squeeze a penny here and there out of the whole thing. Surely the SEC will get after them for their accidentally on purpose shutdowns? Just kidding. The fine is never as high as the money they make off the crime. Isn’t that what they say on Wall Street? I have never witnessed such blatant corruption in my life. What a disgraceful situation these bankers have created. Buy land, silver, or gold. I am trying to get out. Stocks are not worth at all. You can lose all of your money, definitely not investment. It is worse than gambling since it is all digital; the Mafia sees your hand and steals your money. Gun and ammunition stocks. That's about it for now. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!