👉National Debt Can Never Be Paid -- Global Monetary Reset to Digital Weimar Currency Coming !!

👉National Debt Can Never Be Paid -- Global Monetary Reset to Digital Weimar Currency Coming !!



The national debt is already at an absurdly incomprehensible number like $23 trillion, and increasing by the minute. We're already in a mathematical fantasy land beyond the limits of human understanding. A stack of trillion-dollar bills would be 67,866 miles high, or more than one fourth the distance from the earth to the moon. This means the deficit before the pandemic would've been a stack of dollar bills more than five times as high as the distance to the moon. The national debt is never going to be paid. It will ALWAYS go up. The Fed WILL monetize the debt at negative interest rates. The treasury debt the Fed will hold will have an average negative yield. They will pay the treasury interest, but in reality, that will just require a wind-down of reinvestment, so it actually isn't anything real. These are all ledgers with lots of zeroes. At some point, the Fed will have to buy ALL of China's holdings as they liquidate, and then ALL the social security surplus holdings. And they will pay well to keep rates very, very low. With negative interest rates--people will pull their savings from banks and buy gold (if they have brains). Banks will not lend to get less back. Scared people will stop buying and start hoarding cash. The economy grinds to a halt. This is the GREAT IMPLOSION, coming soon to an economy near you. The Fed is creating a bubble economy. Once people understand it is all about the Fed, maybe things will change;But not until then. They are using fear and misinformation to herd the sheep where they want them to go seems to be what’s going on today. Even Powell, Yellen and Bernanke are telling the congress not to worry about the deficit. Just keep spending. What he doesn't tell this naive Congress, and the president is that getting the government to spend even more reduces the government's power, and increases the federal reserves power over America. They want the Congress to keep spending in order to make our government as bankrupt as possible. The more deficit spending on our governments part, the better for them. This is what the purpose of this coronavirus agenda is. Bankruptcy for all, and the transfer of all financial control into their hands. They want to remove all financial power from world governments and place all financial power in the hands of this secret fraternity at the very top, who are in control of this international banking system. Their target is the removal of the US dollar and replacing it with their long-desired,one world currency, owned and controlled by this secret fraternity at the very top. Yes, the domination of this world by way of the monetary system. It isn't apparent yet, but it will be, when they put the icing on this coronavirus cake by pulling the plug on the world markets and creating the biggest market collapse in history. Why? They are currently bankrupting our governments. Now they want to place us in a complete state of hopelessness by bankrupting all of us individuals also. So, in the end, the people who created this evil will present themselves as our saviors by making us an offer we will have no choice but to accept. Accept our one-world currency in place of all other currencies, including the US dollar, and we'll bail you out. As I said, they will leave us with no other choice but to accept. And due to their power of absolute secrecy, all we have the power to do is watch the show. Federal Reserve Chair Jerome Powell warned that the nation's unemployment rate could soar to 25 percent. Powell says a full economic recovery may not happen without a vaccine."Full Recovery Could Take Until End Of 2021. Will Require A Coronavirus Vaccine," Powell said in an interview with CBS’s “60 Minutes”.Why would a cartel banker/beancounter have a say as to whether a vaccine is needed or not? "Just following orders" will not be a defense, Powell. So, Fauci, the MD, became an economist, and Jerry Powell, the economist, is now a doctor. Do we live in a bizarro world ,or what! Those who wish to inoculate themselves against this flu should do so. If it works as advertised, they have their immunity. Those that do not wish to take the vaccine pose no threat to them. Compelling the rest of us to be vaccinated is going to be an interesting operation. A vaccine or market manipulation either will do it. The Fed has launched a series of efforts to keep markets functioning properly and has teamed with the Treasury Department on a variety of lending programs aimed at businesses and individuals. In addition, the Fed is buying corporate and municipal bonds. That’s come amid burgeoning unemployment crisis that has seen 36.5 million Americans file unemployment claims and the unemployment rate rise to 14.7%. Wall Street is just like Washington DC. It runs on loopholes. All you have to do is learn your way back and forth through the Maze of stupidity. The same people who sell the panic, sell the vaccine. Before COVID, there were 162 Million active workers. Current reports indicate there are 36 Million unemployed: so its at least 22%. However, this does not include part-time workers that were laid off and unable to file for unemployment benefits. It also does not include workers that have their hours cut. This party is just getting started . By this summer, the unemployment rate could top 40%, as the momentum builds. Those 36 Million workers aren't spending as they did. Probably more than 100 Million workers have dramatically cut spending. This is going to drive unemployment up much higher. Even if all states open up tomorrow, it is not going to be a return of business as usual. People are going to be reluctant to spend money, travel, eat out, etc., until they feel confident that the virus is gone and that the economy has stabilized. It is going to take many years. It took the US about ten years to fully recover from the 2008 crisis, and this one is much worse. People on the minimum wage have to spend 100% of their wages to survive. Billionaires spend 1%, with 99% disposable. They live, as opposed to surviving, on this. National Suicide, Expected to soar . The shooting starts shortly after the USD FRN reaches its intrinsic value as electrical bits and poorly absorbent toilet paper. Losing may be winning if the stupid masks, closures, distancing, handouts, bailouts, negative interest rates, alleged forced vaccination plans, etc. Turn fattened human flocks of idiot sheep into lean, hungry packs of intelligent wolves. Exciting times. That's what happens when counterfeiting enables deficit spending. Eventually, the world will realize the dollar is worthless with all this printing. Then this debt will be an issue and only an internal issue for us the Peasants. "It's the money, stupid." Founding Father axiom. It all depends on whether the US loses reserve currency status over a long period or a short period. The national debt is ballooning, and one day we would default on it. Math can only be stretched so long until an unstoppable force meets an immovable object. During 2008 bailouts, experts were saying, now is not the time to worry about the debt, we can address it once were past the crisis . The debt was never addressed, other than the Bowles/Simpson plan...which failed. I'm hearing the same thing now about this crisis and the staggering debt being piled on. Another frightening number on that debt clock is that of the total value of global derivatives. Judging by the fast-rolling number counter, it appears it's increasing by over$ 2.0m a second! Mind-blowing numbers, all just waiting to collapse when the defaults begin. Ever heard of 'marginal change' ?. The effect of one more unit on the whole. A sinking boat and that one pint of extra water that sends it to the bottom. A sinking economy with a Fed deficit. The effect of one more dollar of debt. The closer you get to the breakpoint, the more important the marginal change. Are we there yet? If not $25 trillion, then 25.1 trillion, 30 trillion, 400 trillion. Has it already happened? Is the economy finished, and we just don't know it? Already the word is out there is a massive problem. Interest rates are being forced lower because the country cannot afford to pay interest on the current debt. With low-interest rates, no one with a brain wants to lend the US money. The Fed has to step in. Now, the debt is faux debt (just zeros on the Fed balance sheet)-- and ready to implode. If this is not warning enough, what is? When I activated the US Debt Clock Time Machine for the year 2024 -- just four years from now -- it showed that at the current growth rate, we would see a national debt of $43.6 trillion! In four years! That is unsustainable! Something must be done right away to bring it down, or a disaster will occur within the next few years. America must pull its head out soon, or a calamity will soon occur! This is digital Weimar Currency. They won't even have the problem of printing on one side of a bill . That's why we are going to experience a monetary reset. This apparently happens to every monetary system not tethered to something that can't be printed out of thin air. That being said, The deficit can reach 50 Trillion or 100 Trillion! The small business issue came from the shutdown and excessive regulations for the most part. It will eventually become a problem, and the system will collapse. This shitshow will only get worse until the final collapse. So expect the unimaginable all the time going forward over the cliff. COVID was a convenient excuse the crash land this debt loaded, massively leveraged economy. The string-pullers opted for flight 1549 in the Hudson River rather than the Hindenburg zeppelin exploding and going down in flames. Strange how the Pandemic is so well coordinated and the New World Order "elites" are ALL singing the praises of an as-yet non-existent vaccine, which clearly is going to be compulsory with the implied threat of military force. The death rate in the non-high-risk groups, even using the inflated mortality numbers, is around 0.1%, so what is the scientific basis for a compulsory vaccination for all without any understanding of the risk/benefit equation for low-risk cohorts (most of the population)! Other than the social control . There remains the medical ethical principle of "Informed consent." Well, I am informed, and I don't consent. What then? Why are we still pretending that Covid-19 is a particularly deadly virus and that we must destroy ourselves out of fear of it? All those who want to be locked up forever should just go ahead and lock themselves up forever and leave us the hell alone. Why do people with horrific plans always insist that we have to join their suicide pact for our own good? The Hong Kong Flu of 1969 was way worse than this WuTangFlu, and they did not shut down the economy. This is an intentional sabotage of the world economy. The aims are many - to impose a worldwide plutocracy served by tech stooges and psycho scums, to impoverish people to the level they won't ever protest politically, to overthrow the role of people in politics that is on the rise ever since 1789. Call it whatever you want, but this is no pandemic. Get ready for millions of bankruptcies, loan defaults, and bank failures. Millions of retirees will lose almost all of what was promised as big pension funds fail. Powell admits it will get very ugly, and no one knows how or when this ends. If reopening brings on wave #2 and they have to close it all up again, kiss any recovery hopes goodbye. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Three TRILLION $ more debt planned and Powell says now is not the time to worry about it, only when the economy has recovered. What The hell ! We haven't worried about it for the last two decades since Cheney said "deficits don't matter." Our great economy has never been anything more than a bubble pumped up by endless debt thanks to the Fed Bank. The wealthy are doing great , and the bottom 50% are unemployed, maybe forever. The banksters are loving it and want to keep us shut down to do the most damage. We are in real trouble. Pray for a miracle. Bailouts, more printing, baby print, print. Insanity continues. With negative rates looming and is coming, FED can’t raise any rates higher, is too late for that, so their only option is going reverse, you are going to see some funny thing happening. The economy has been sparling for a long time, and not only in the U.S. Unprecedented access to cheap cash, lack of any fiscal responsibilities, plus mounted with other policies and reality has also produced a fallout. Now Banks is put a tight lid on “Line of credit access,” which basically is putting small businesses folks in the cold and not to mention others who have to meet certain obligation is putting them in a state of what is a sense. Lady in Casino dancing for the bosses is starting to sweat. She realizes she is expandable and no longer can entice them. MMT/QE’s etc. And top with it, they will squeeze the last amount of breath from anyone. ECB/Fed/BOJ and other Central Banks around the world, and don’t think China is excluded, fiat is fiat they flow same way just the value is different, are on a collision course of facing final act. Total Bankruptcy and insolvent of nations due to internal debt which is way beyond understanding and external debt of the rations to GDP debt, which is already putting heavy iron plates on their shoulders. They will default, and not only the U.S but all of them will not meet their obligation. So next scheme is Digital, but the game is the same; bosses are well aware of their needs. They all soft defaulted in 2008 when all of the major Central banks started QE, and never really stopped. The issue is now that with the shutdown of essential production, it is going to lead to shortages, leading to price controls\rationing and inflation. The entire industrialized world is switching over to third world status. I very much doubt digital will work. It just makes it much easier to create inflation, and it is 100% dependent on reliable data & power to function. The Government digital currencies will likely be too easy to print when they need it and will quickly collapse in value. The Achilles heel of the industrialized world economies is tax revenue need to balance government spending with production. Tax revenue as all but collapsed, while essential government spending has gone to the moon. The U.S. is a dollar exporter, and both parties' donors won't allow anything else. If we ran a trade surplus, Wall Street's casino would close. The American people don't understand how corrupt this country is. The aim is to fleece the people quickly into debt slavery, where the shirt on their back is owned by banksters. The powerless people on the bottom of the food chain get hurt the most, but the fat cats with political influence are able to get the big bailouts. Basically, the Fed has de facto created Royalty in the world. They are the elites, rich, bankers, and the well connected. They know that no matter what.The Fed will save them. The working man has no chance. The head of the country's financial system, Jay Powell, is saying the answer to the country's woes is social distancing and forced injections by the military. America is already finished as a country. The dollar will lose its status as the world's reserve currency. It won't be long, and we won't be able to trade our pretty pieces of paper in exchange for real goods and services. The federal government will have to spend at least a trillion less than it does now. We won't be able to get away with our trillion-dollar trade deficit much longer either. We've been getting a lot of Chinese products at artificially low prices for a long time. An iPhone would probably cost $5000 if it was made in America. Expect the 2020s to be a lot like the 1930s. This was The Atlantis Report. Please Like. Share. Subscribe. 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!

US Stocks Crashing -- Coronavirus wipes out 17 Trillion in 2 Days

US Stocks Crashing -- Coronavirus wipes out 17 Trillion in 2 Days






Coronavirus wipes out $1.7 trillion in US stock market value in two days. The S&P 500 lost an estimated $1.737 trillion in value in two days, according to S&P Dow Jones Indices’ Senior Index Analyst Howard Silverblatt. Stocks cratered again on Tuesday as investors fled riskier assets amid intense fears about a slowdown in global growth caused by the deadly coronavirus. The Nasdaq Composite fell 2.8% on Tuesday and joined the S&P 500 and Dow Jones Industrial Average in turning negative for the year. The S&P 500 just wiped out about $1.737 trillion of its value during its two-day market sell-off, according to S&P Dow Jones Indices. The equity benchmark lost $810 billion in value on Tuesday, adding to its $927 billion loss on Monday, according to the firm’s Senior Index Analyst Howard Silverblatt. It’s down $2.138 trillion since last Wednesday’s high, according to S&P Dow Jones. Stocks cratered again on Tuesday as investors fled riskier assets amid intense fears about a slowdown in global growth caused by the deadly coronavirus. The S&P 500′s two-day loss of 6.3% was the largest for the benchmark since August 2015, when the Chinese government devalued the yuan amid the U.S.-China trade war. Tuesday’s 900 point drop in the Dow Jones Industrial Average added to Monday’s stunning 1,000 point plunge. The Nasdaq Composite fell 2.8% on Tuesday and joined the S&P 500 and Dow in turning negative for the year. Bond yields also plunged as investor sought safer havens. The yield on the benchmark 10-year Treasury note fell to a record low of 1.32%. The Dow Jones Industrial Average (DJIA) looked set to rebound from yesterday’s devastating crash. But after rallying nearly 200 points, the index lurched back into decline. Here’s why the stock market suddenly plunged back into crash mode. After yesterday’s 1,000 point Dow Jones Industrial Average (DJIA) rout, stock market bulls salivated over what they thought was the perfect time to buy the dip. But a half-hearted recovery quickly collapsed. And by midday, greedy investors had gone from licking their chops to licking their wounds as the stock market spiraled toward even steeper losses. dow jones industrial average crash Investors are taking the threat of coronavirus far more seriously now that the CDC has begun to outline containment procedures. | Source: Johannes EISELE / AFP The Dow Jones Industrial Average (DJIA) looked set to rebound from yesterday’s devastating crash. But after rallying nearly 200 points, the index lurched back into decline. Here’s why the stock market suddenly plunged back into crash mode. After yesterday’s 1,000 point Dow Jones Industrial Average (DJIA) rout, stock market bulls salivated over what they thought was the perfect time to buy the dip. But a half-hearted recovery quickly collapsed. And by midday, greedy investors had gone from licking their chops to licking their wounds as the stock market spiraled toward even steeper losses. dow jones industrial average chart today Stock market bulls went from licking their chops to licking their wounds as the Dow Jones lurched toward further losses on Tuesday. | Source: Yahoo Finance Why The Dow Jones Crash Just Got Worse The unexpected pullback vindicated economist Mohamed El-Erian, who had warned investors to “resist” the urge to succumb to FOMO and “simply buy the dip.” He told CNBC: I would say continue to resist, as hard as that is, to simply buy the dip because it has worked in the past. Advertisement That was wise advice, especially in retrospect. But what sent the Dow and broader stock market back into decline? Just like on Monday, the answer lay in the coronavirus outbreak’s ongoing spread outside of China. More than 80,000 cases have been confirmed worldwide, including just under 1,000 in South Korea, more than 280 in Italy, and 53 in the United States. President Donald Trump may claim that the U.S. has the coronavirus under control, but health experts and stock market strategists are less confident in the administration’s assessment. The spreading deadly virus, that has infected more than 80,000 and killed more than 2,700, has sent shock waves through the markets. Companies like Apple, Nike, United Airlines and Mastercard have all raised flags about the coronavirus and its impact on their earnings. Chip stocks, which rely heavily on revenues from China, are being abandoned by Wall Street as it becomes more apparent supply chain disruption will persist until the epidemic is contained. Health officials at the Centers for Disease Control said Tuesday the coronavirus is “likely” to continue to spread throughout the United States and the American public should “prepare for the expectation that this is going to be bad.” This follows news on Monday about a spike in cases in other countries in Asia, the Middle East and Europe, outside the virus’s epicenter in China. Investors are closely watching reports in Italy, Iran and South Korea. Top White House economic advisor Larry Kudlow said that the U.S. economy is “holding up nicely” and that the coronavirus in this country is “pretty close to air-tight’ containment.

Japan Economy Collapsing -- Yet The Worse is still to Come

Japan Economy Collapsing -- Yet The Worse is still to Come





Japan, the world’s third-largest economy, shrank at the fastest rate in five years at the end of 2019 as it was hit by a sales tax rise, a major typhoon, and weak global demand. Japan has suffered its worst quarter since 2014. Japanese GDP shrank by 1.6% in the final quarter of this year, the equivalent of a 6.3% annualized slump. This without counting the impact that the coronavirus will have on the Japanese economy. Economics fear that Japan, the world’s third-largest country, could fall into recession this year. As the coronavirus hits companies exposed to China. The coronavirus spreading across Asia and the world is very likely to hammer Japan and the yen. The coronavirus is already taking a toll on the number of Chinese tourists to Japan and manufacturing activity due to the economy’s close ties with China, prompting some economists to forecast a contraction lasting two quarters. The Japanese economy greatly benefits from the horde of tourists that usually come over from China, and the two nations have developed a very close trading relationship. In Japan, the authorities are growing increasingly concerned about a rising number of cases. Until now, the picture in Japan has largely focused on the cruise ship, the Diamond Princess, which is still more incidentally just down the coast in the port of Yokohama. Although the vast majority of passengers have now disembarked after one over two weeks in quarantine but separate to the 700 or so cases linked to that ship. The Japanese authorities now say there are around a hundred and fifty reported cases elsewhere in the country. They're dotted all over, and the concern really for the health authorities is that they're really struggling to try and work out how and where those people became infected. It is an increasing problem, a big headache for the Japanese authorities. Because in five months' time, Tokyo is due to host the 2020 Olympics. If this epidemic is not contained by the time of the Tokyo Olympic Games, the damage to the economy will be huge. Japan's government is refusing to test hundreds of people who got a severe fever and applied to be checked if they got the coronavirus! In the last month, they only checked no more than 1000 people, while South Korea Government, for example, checked over 40000 people! They are intentionally controlling the numbers for economic reasons! And they let temporary negative people who got off the cruise to take public transportation to return homes all over Japan. And of course some people turned out to have a fever and be positive with the coronavirus later. Now the virus is all over Japan, yet they are still controlling the numbers by not testing people who need to be checked and not taking positive solutions! The outbreak in Japan is now inevitable. There is no confidence in the government. There is a lack of goods in the stores. People are very worried and scared. Many parents are keeping their children at home. Most Japanese believe the government bungled the cruise ship situation completely. Many hospitals are refusing to treat people who want to be tested for the virus. The medical staff who worked on the cruise ship are being bullied by their bosses and coworkers rather than admired for their work like the medical staff in Wuhan. The government is focused on the Olympics more than anything and secondly on the economy. The only reason the number of infected seems low is because nobody is being tested. The criteria to get the test is very rigid, and it is only available at a few hospitals. Welcome back to The Atlantis Report. Please take some time to subscribe to my two back up channels. I do upload videos there, too, on a daily basis. You'll find the links in the description box. Thank You. Japan’s economy is facing the risk of a recession because the coronavirus outbreak is hurting tourism and production. Japan is on the verge of a technical recession. It is a situation generally defined by two consecutive quarters of falling production, but the eyes of the world are now focused on the country to understand if it can turn into a more profound crisis. The Financial Times, for example, wondered if there is anything the government and the Bank of Japan can do and if Premier Shinzo Abe will succeed in his ambition to revive the Japanese economy as his mandate ends. It is not only Germany, the European locomotive, that is entering a recession. The myth of Japan, whose economy is third in the world after the US and China, also creaks. Official data show a dizzying drop in GDP, which fell by 6.3% per year in the last quarter of 2019 (1.6% short-term), a much larger contraction than the 3.8% forecast by analysts, as well as the worst result since the first quarter of 2014. For Japan - the world's third-largest economy - it was the first quarter of contraction after three consecutive positive quarters. On the bench of the defendants responsible for the drop in GDP, the consumption of Japanese citizens who went down by 2.9%. The fault of the increase in the consumption tax passed from 8 to 10% and decided by the government of Abe ((already passed from 5 to 8% in 2014) to restore the state coffers and to meet the greater welfare expenses due to an ever older population. Last but not least, the damage caused by the two typhoons that hit the country between September and October and which caused a total of 69 deaths. The trade war between the USA and China also weighs heavily on the performance of the Japanese GDP, which certainly does not favor the free movement of goods and services. Theoretically, the increase in VAT would have been offset by other measures, given that Abe had made a maneuver with over 100 billion euros to be used to cut taxes. And now, with the arrival of the coronavirus, there is only one more reason to be pessimistic. Due to the epidemic, The Chinese tourists (who are the first in Japan) have drastically decreased, not to mention the fact that numerous Japanese companies, including Toyota, Honda, and Nissan, have suspended their production in Chinese factories. A closure is due not only due to fears of contagion but also, like the case of a Nissan plant in Fukuoka prefecture, to the delay in the arrival of some components from China. Still, Japan's economy is the third-largest in the world, after the US and China: there are numerous private companies - called keiretsu - and they are excellent in numerous sectors, from banks to cars, to microelectronics. The problem is that exports have also fallen exponentially. And despite the agreement between the US and China and Brexit, there are no clearings on the horizon. "Exports are likely to collapse again this spring," said Takeshi Minami, chief economist at the Norinchukin Research Institute, citing a recovery in global semiconductor demand. "Trade is unlikely to serve as the main driver of growth this year due to the economic slowdown in the United States and China," Minami added. In particular, exports to China, Japan's largest trading partner, grew by 0.8% in the year up to December. Driven by the demand for equipment for the production of chips, cars, and plastics. It was the first annual increase in 10 months. Shipments to the United States, the country's number two trading partner, fell by 14.9% year-on-year in December - the fifth consecutive month of decline - dragged down by cars, auto parts, and aircraft engines. Finally, exports to Asia, which represents more than half of Japan's total shipments, declined 3.6% in the year through December. For its part, the central bank (BoJ), last week at its first monetary policy meeting in 2020, decided to leave its monetary policy unchanged. The central institute led by Haruhiko Kuroda awaits the effects of the government's stimulus policy, while it instead revised its GDP estimates upwards. For the fiscal year 2019-2020, the economy is expected to expand to +0.8 % from + 0.6% in October. And for the 2020-2021 period, it is forecast at + 0.8% from the previous + 0.7%. According to those in charge of the Bank of Japan, solid domestic demand should help offset the weakness of exports and manufacturing activity, although uncertainties remain about trade relations between Washington and Beijing. As for the result of GDP, the Abe administration and the Bank of Japan expected a lower impact of the tax increase compared to the experience of 2014, when the economy recorded a decline of over 7%. In short, a backlash on consumption was expected but not of this magnitude. Also, because this time, the increase in taxes was more contained, food products were exempted, and the government adopted a series of countermeasures aimed at mitigating fluctuations in demand. But economists have said that some of the government's measures, such as discounts on spending through cashless transactions, have had limited impact as they have not attracted an older segment of the population unaccustomed to mobile payment platforms. The latest data show that private consumption fell by 11% year-on-year in the quarter, as households reduced purchases of cars, cosmetics, and household appliances. In 2014 the drop had been 18%. What will happen next with the coronavirus? "We will continue to pay attention to the effect of the virus on tourism and the economy in general," Economy Minister Yasutoshi Nishimura said in a statement. "Depending on the level of emergency, we will take the necessary measures flexibly and respond fully." Meanwhile, there are already many cancellations of the visits of hundreds of thousands of Chinese tourists to Japan at the beginning of the Japanese Olympic year. Thus affecting an important source of revenue. The longer the outbreak disrupts Japan's main trading partner's production and domestic demand, the more likely Japanese exporters will be affected. The Bank Of Japan has also signaled its concern about the virus. It is also likely to stress the need for further data to assess the underlying trend. Given the growing side effects of its massive easing schedule and the relative stability of the Japanese currency, economists believe further bank action is unlikely in the near future. The central bank has, however, already cut overnight interest rates to minus 0.1 percent and is, however, reluctant to do more for fear of negative side effects on the banking system. After the launch in December of a stimulus plan for the economy for 120 billion dollars, the economists are now considering an encroachment to combat the effects of the coronavirus. Effects not yet quantified but nonetheless certain, and which will be even more felt on an economy already in difficulty even before the virus hit. It seems pretty obvious that you are going to have severe economic repercussions when you lockdown and quarantine cities with millions of people. And not just in China but in every nation that depends on China. But have no fear. Governments will just steal more money and run up more debt to make the stock market investors happy. This is what you reap when one country controls so much of the economy of the world. No one can compete with China. Not even Japan. So a virus comes along with no cure insight, and it hits the country producing and exporting the most commodities of anyone at a price no one else can compete with. Even Japan cannot produce goods cheaper than China, and they are very good at the competition. The American corporations and businesses created the Chinese superpower, simply because they didn't want to pay American workers American wages. That's why China is a superpower now; plain and simple. We were stabbed in the back by our own businesses and corporations, and the cowards in Congress that allowed the free trade deals, both democrats and Republicans. While it may be bad news for Wall Street, that usually translates into good news for Main Street. Sure, the shelves may be a little bare, for perhaps even a prolonged period of time. We survived it before globalization, and I'm sure we can survive a pullback. In fact, it may even be for the better, as alternative supply lines can be developed. This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my two back up channels, I do upload videos there too on a daily basis. You'll find the links in the description box. Thank You.

Jim Rickards : 1984 Has Come to China -- Economic Collapse 2020 4K

👉 Jim Rickards : 1984 Has Come to China -- Economic Collapse 2020 4K






Jim Rickards : 1984 Has Come to China -- Economic Collapse 2020 4K You’re probably familiar with George Orwell’s classic dystopian novel Nineteen Eighty-Four. It was written in 1948; the title comes from reversing the last two digits in 1948. The novel describes a world of three global empires, Oceania, Eurasia and Eastasia, in a constant state of war. Orwell created an original vocabulary for his book, much of which is in common, if sardonic, usage today. Terms such as Thought Police, Big Brother, doublethink, Newspeak and memory hole all come from Nineteen Eight-Four. Orwell intended it as a warning about how certain countries might evolve in the aftermath of World War II and the beginning of the Cold War. He was certainly concerned about Stalinism, but his warnings applied to Western democracies also. When the calendar year 1984 came and went, many breathed a sigh of relief that Orwell’s prophesy had not come true. But that sigh of relief was premature. Orwell’s nightmare society is here today in the form of Communist China…

Stock Markets Crashing - Italy And South Korea Shutting Down , Gold Surging !!

Stock Markets Crashing - Italy And South Korea Shutting Down , Gold Surging !!








Stock Markets Crashing World Wide. In the US we saw the third-largest single-day point drop in the stock market history. Italy is being Isolated in Europe. Venice Carnival canceled. The Giorgio Armani Fashion Show canceled. Tourism Industry Collapsing. The Economy engine of Italy, which is the northern part of the country, is being shut down. The North counts for 40 percent of the Italian exports and 50 percent of the GDP. The Italian economy is melting down. The Italian government is racing to contain the biggest outbreak of the virus in Europe, imposing restrictions on about a hundred thousand people and shutting down public gatherings in two regions of northern Italy. With two new cases reported today from southern and central Italy. Italy's northern regions of Lombardy and Veneto have closed schools, universities, museums, and cinemas for at least a week. Police are manning checkpoints around 11 towns which have been quarantined for 15 days, and residents are stockpiling food. Public places like theaters and movie theaters, pubs, and clubs need to close at six o'clock in the evening and open up at six o'clock the following morning. Supermarket shelves are becoming empty. Italian officials confirm seven deaths. And there is still no news about who could be the patient ZERO. In northern Italy, the number of coronavirus cases continues to surge. Even though at least ten hotspot towns are effectively under lockdown. Police check vehicles trying to enter one of the quarantine towns authorizes only trucks carrying essential goods, and medical supplies to go through. Everyone else is turned away in an effort to contain the spread of the coronavirus. Ironically, Italy being the only European country to ban entry from Chinese nationals and anyone who's been in China... is the one hit hardest by the virus. In the rest of Europe and in the world, fewer cases were recorded just because no country is doing as many checks as Italy is doing. But this doesn't mean that the virus is not already next to you. It has been around the world for weeks. I just cannot believe that Italy is hit harder by the corona than countries like Canada ,The US, and Australia, where millions of Chinese live. How many coronavirus death are reported just as simple flu or pneumonia casualties? That's the danger with this virus, especially that people can spread the virus BEFORE they get ill themselves and show signs of being infected. Yes, the authorities might slow the spreading but ,stop it. NO WAY. That would require people to stop traveling, meeting, and shopping. The virus won't be stopped until they find a CURE, ORE ALL PEOPLE GROW RESISTANT. This is a worldwide pandemic, why is it taking them so long to admit it. I think the worse is still to come. Welcome back to The Atlantis Report. Please take some time to subscribe to my two back up channels. I do upload videos there, too, on a daily basis. You'll find the links in the description box. Thank You. Fears are growing that the coronavirus outbreak could become a pandemic as new cases are reported around the world. The virus, which emerged in China, has spread to at least 35 countries. The World Health Organization has said the world should do more to prepare for a possible coronavirus pandemic. The worst-hit countries are intensifying their efforts to contain the deadly coronavirus as the number of cases globally surpassed 80,000. In South Korea, infections have risen again, taking the total to 977. Americans have been warned against all but essential travel to the nation. Italy and Iran are both battling to contain outbreaks of the virus. In Japan, shares slumped on Tuesday, reacting to a global plunge on Monday sparked by fear of further outbreaks. Fears are growing that it won't be possible to stop the global spread of Coronavirus. Health experts have warned that the chances of containing it are diminishing as cases appear in more countries. Most infections are still in China, but significant clusters in South Korea, Iran, and Italy are causing concern. Italy has Europe's worst coronavirus outbreak, the third-highest in the world after China and South Korea. In Milan, the Duomo Cathedral that's withstood 500 years is now closed. Schools and universities are shut off, and in supermarkets, panic is spreading quicker than the virus, and it is too is hard to stem. IS CORONAVIRUS The BLACK SWAN for the Italian Economy. THE REAL RISKS FOR THE ITALIAN ECONOMY CAUSED BY THE PANIC OF THE EPIDEMIC ARE INCalculable. LOMBARDY ALONE IS WORTH 22% OF GDP AND CANNOT BE KEPT LOCKED FOR LONG. WITHOUT CONSIDERING THE MANUFACTURING, TOURISM, AND LUXURY, WHERE THE CHINESE SUPPORT IS FUNDAMENTAL. THE ECONOMISTS DAMAGE THE DISCOUNT THAT EVEN THE FIRST 2020 WILL BE NEGATIVE, WHICH MEANS TECHNICAL RECESSION AND A SCREENING OF -1% THROUGHOUT THE YEAR ... The technical recession took almost for granted after the -0.3% of the fourth quarter and 2020 going towards negative growth, with estimates between -0.5% and -1%. These are the first data provided by economists on the impact of coronavirus infections in Italy. If the situation does not resolve itself quickly, a 1% drop in GDP this year is "plausible." SO THE ECONOMY ALREADY PAYS THE PRICE OF UNCERTAINTY AND HEALTH PSYCHOSIS. To get some clarification on what could happen in Italy downstream of the epidemic from Covid-19, that is, on the real risks to the Economy triggered by an irrational panic, perhaps it would be useful to consult Richard Thaler, one of the masters of behavioral economics. But without getting to a Nobel prize perhaps (for now), just remember the theory of the "Black Swan," the unforeseen event that upsets everything, from production to the Stock Exchange. To understant what happens in the North of Italy that is pulling an already weak GDP. We must look at the behavior of people. Yesterday morning Milan was no longer Milan. Empty streets, obviously due to the closure of schools and universities. But also because people avoided meeting places, but not the supermarkets. Between Saturday and Sunday, crowds of citizens poured into the large markets, stormed, and continuously supplied. Resulting in empty shelves, especially those of canned food, as if you imagined having to stay at home for a long time (among other things, on the web, they run fake videos on false closings for a month). These images made the tour of Italy, not without effects, even in Rome: the shelves are empty. This is only the last mile of collective behavior that for a month has already concerned masks and hand sanitizer, down to supplements, all hunted first in pharmacies then on the net. A chain effect of overlap of events and an avalanche of comments, which chased each other with the decisions of the authorities, trigger a media-political circuit that at the beginning and for a while was a source of serious confusion. It was not clear who had to make the decisions and especially what decisions. But in the meantime, the psychological effect has started and slowly Milan has emptied and turned into a ghost town since yesterday afternoon.All closed or almost closed. Not just offices, schools, and universities. There are no students in the nightlife areas near Cadorna or near the Navigli. There are no cinemas, the meeting points of the usual aperitifs, the bars for after work, and above all a great absentee. The Scala Theater is locked for the whole week. The cancellation of fairs and events followed one another. The Milan prosecutor has closed the offices to the public while the activity of the Municipality of Milan continues, even if behind closed doors. At the few meeting points, people comment on the difficulty of going to work without schools and kindergartens were to leave children. And they will be the ones missing this week, that of the Ambrosian carnival, which would have colored the streets and entertained with parties in every square of Milan until next Sunday. No masquerades this year. In these hours, the controversy among the most prominent virologists has a bitter taste, especially between the well-known Roberto Burioni, pro-vax superstar, and Maria Rita Gismondo, laboratory manager of the Sacco di Milano, the heart of the Lombard emergency, the flagship of European virology. Two different visions on how to judge the effects of the phenomenon - and can only judge those who have the titles, it is always said - that have contributed in no small way to disorientate the citizens, who mostly do not detach themselves from smartphones indirect news on the source of the virus. The fourth quarter of 2019 had already closed with a negative sign, and as regards the first quarter of 2020, it is presumable to believe that it will be the same, thus bringing the country technically into recession, since it will have recorded two quarters with negative growth. The impact of the spread of the coronavirus in Italy, until now limited to the northern regions, will undoubtedly be very important on the economy of the country . The fact that the most important regions in the contribution to the gross domestic product have been affected will obviously have an even more negative effect on this scenario. What we currently do not know exactly is the size of this impact, although the very first estimates speak negative growth for the first quarter of between 0.5% and 1% annualized. In fact, today a large part of the country's production and commercial activities are stopped; with consequences that are certainly still very uncertain. For example, we think of the consequences on tourism, and therefore the picture will be clearer only in the coming weeks, when however we hope that the situation will have stabilized or will hopefully be improving, underlines the analyst. European and of the Italian stock markets collapse, cannot, therefore, be considered as a surprise, given the succession of negative news and the drastic measures taken by the Italian government in an attempt to stem the spread of the virus. The sentiment of investors in the very short term is destined to remain negative on the global price lists, and therefore not only on the domestic one, given the situation of enormous uncertainty. The contagions have also increased in other countries, not only in Italy, and we cannot obviously exclude that other European countries may also register a much higher number of infected people than the current one. Volatility is therefore destined to remain high and to be closely related to the news that will be communicated day by day. Just as we can expect volatility to remain high on the Italian stock market, the same can be said to happen for Italian government bonds. In a more medium-term perspective, however, we remember that the decidedly accommodative monetary policy of the ECB (European Central Bank) can represent an obstacle to the excessive widening of the spread, together with the fact that the search for yield in a world with negative rates especially in the euro area, it could be of advantage to the BTP when, hoping it will be very soon, the situation will have improved. The only positive note is from the gold side. The price surges today to 1,635 dollars an ounce. And prices are expected to go way higher in the foreseeable future. Do Not forget that I warned you that gold is the only safe haven in this kind of situation. This was The Atlantis Report. Please Like. Share. Subscribe. 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