Monday, June 8, 2020
๐The Dow is taking off like a SpaceX Rocket Ship !!๐๐ฑ๐๐
๐The Dow is taking off like a SpaceX Rocket Ship !!๐๐ฑ๐๐
The Collapse of America is bullish. America is collapsing, but The stock markets are roaring up, and the Dow shoots up to the moon. What a bizarro world are we living in! Nothing surprises me anymore. The bankruptcy rate of small and medium businesses is going ballistic. The US Bankruptcies Soar 48% In May, The most since the financial crisis. The trade deficit continues to expand. Millions of Americans are out of work. Nearly 43 million Americans have filed for unemployment benefits during the pandemic. For 11 weeks in a row, jobless claims have been in the millions. The "unexpectedly strong" US jobs report actually admitted that it was fake. The national debt has hit $26Trillion, and the tax takes are falling off a cliff. Debt to GDP is sitting at 130%. But if you include state and local debt, the total Debt/GDP ratio is 146.5%. And should be heading for 300% soon. Soon to exceed Japan's ratio. And The US stocks are hovering near a three-month high, The stock markets are up, oil prices almost back to their old, and Trump is tweeting the hell about it. Don't understand how the Saudis can raise the price of crude when there is no demand. These Markets are on Crack. We have now entered the Twilight Zone. The Dow is taking off like a SpaceX rocket ship. This rally is as organic as a bag of Cheetos. Bankruptcy news can apparently send your share price flying 825% these days. The Stocks are all that matters. Nothing that free money from the federal reserve can't fix. After all, they are zillionaires. The inmates have taken over the asylum. If we’re talking in terms of numbers, yes, the markets have recovered to almost their All-Time Highs. In terms of logic and sense, it went the opposite way. It recovered based on absolutely NOTHING. The bad news was good news. The Fed fell asleep with the finger on the 0 button. They started with 1, and the 0’s kept going. This is the only reason markets went up. I bet we would be below 10,000 on Dow if they didn’t pump it. THE FED and the government have been the spender of last resort. Debt to infinity, or there is nothing left to pay. The breakdown and tipping point is in the past, in early 2020. Now we watch it all unwind back to the Middle Ages. You won't have to blink many times before you will see the marines in the streets. A total descent into chaos is on the cards. Money can be printed. Wealth cannot. There is no chance this rally is not orchestrated. I mean completely orchestrated. Bears will have to wait for another shock. As long as the ALGOs can make their midday snake channel, this will go on for a long time. For that, the volume must be kept relatively light. The ALGOs are masters of that. "The stock market is NOT the economy." War, natural disasters, pestilence, they have no effect on stocks. The "Capital Impairment" of the US is real and not going away. It's been caused by picking apart the US infrastructure, private tangible productive capital, and pretending that "made up" substitutes like "Knowledge/Service Economy" are drop-in equivalents. They aren't, and we've seen how much they aren't with COVID in terms of the total inability to respond to it because we no longer make fundamental things. How quickly the Potemkin "Knowledge/Service" economy collapsed, and How quickly the supply chains of "real products" from overseas have collapsed. Just like in 2008, people left the market. Especially older people. Liquidity goes down; manipulation is easier and cheaper. So yes, the economy in the shitter, and the stocks up. Riots in your city defund police. Basically, the algorithm is anything that's extreme and doesn't make sense. That's what's profitable. Fake economy and fake stock market. Those large companies with their stocks at all-time highs will now buy all the bankrupt companies for pennies! All part of the plan. Never let a crisis go to waste. The stock markets, and all the markets for all we know, are being driven, not by normal investors, but by free money from the federal reserve. They give free money to the banking system, and they buy up all the stocks with this free money, as ordered. And this is just the stuff they are doing openly. They've been manipulating everything financial in secret for decades now. This is why they don't want us to see their "secret" books. In the old days, we had the expression, "It's the economy stupid." But that has been replaced with "It's the FED stupid." They are at the controls, not us. The unemployment rate could go to 100 percent, and markets would still go higher as “the Fed continues gifting trillions of dollars to America’s overlords who use the money to fund their cartels. It's just insane. So far, the central banks are winning at their game again. Can't last forever, but right now, they have proven everyone wrong. When it does go bust, it's going to be one historical event. If a 2000 tech bubble is worth over -50%, you can be sure that global economic dumpster fire is worth a hell of a lot more than -35%. It's why the Fed is pumping in the first place, and why the data is being falsified. The more Central Banks money printing neither helps inflation (beyond the stock market) nor employment (as any money corporations get will go into buybacks). So, why in the world are Central Banks printing money, besides helping out the global elite. The FED is not 'supporting the markets'; the FED is gifting their crony friends with stolen money. Wealth confiscation via the inflation tax. The Fed is robbing people with insider trader scheme. The money printing goes to zombie banks, zombie companies, and bank cartels that put it in their pockets. The productive part of the economy is starved of cash and dies. Central Banks are doing illegal money printing for the wealthy. It's only pushing more and more poor and middle-class people towards socialism. Central Banks have murdered the free market. This endless money printing for Wall Street is fueling this stock market bubble. It's pissing people off and pushing poor and middle class to say effe it, bring on socialism! All part of the plan. Just imagine in a few years an AOC type as President getting a hold of the Fed's money printers!. It’s All Fake, It’s Rigged, and It’s an epic Criminal Fraud. And the consequences will be historic for the armies of unconscious Dolts that cheer it on. Yet, the Wall Street degenerates continue to gorge [enrich] themselves on public-funded debt (Welfare for Wall Street), unabated. Meanwhile, the tax slaves ultimately on the hook for Wall Streets free-ride & easy money are burning down their businesses & communities. It seems all is well in Slavelandia. The tax slaves are too busy protesting or quarantining while the Wall Street elite are in Martha's Vineyard or the Caribbean (must stop at the Cayman Islands to check on accounts) cheering on the protests and giving sound bites on Bloomberg about social justice. People really are stupid. With the US economy dead since 2008, the only thing left for the Fed is to print trillions of dollars in debt. No one with an ounce of common sense is going to invest in this market. The valuations don't even make sense, assuming a full return to pre-COVID economic activity. We are watching a market completely detached from fundamentals. I don't know why the FED would think this is healthy. Maybe they can't really control where the money goes, and they feel it necessary to support the various markets they are shoveling money into? After all, What good is an inflated stock portfolio if you live in a poor and divided nation. This system doesn't have a "few years." This action is to keep the economy alive until after the election, and then we get the reset and new system. Whatever the hell that is going to be. I doubt it's going to be "better" for anyone watching this. How is it that our politicians on both sides and the entire media conspire to help the big banks and big companies, calling them too big to fail? How can America yearly spend a trillion dollars more than it takes in, and it just is ok? But if an individual does it, they go broke! The middle-class Americans, seeing their standard of living, evaporate, yet the stock market comes soaring back. The disconnect is deafening. Zimbabwe is the template. In the end, they will say, "We did all we could, but the US dollar died anyway. But we do have this New One World Currency we would like to introduce the world to. Try it; You'll like it (since we left you with no other choice)". Everything is moving along as planned. The U.S. dollar’s days as the world’s reserve currency could be numbered. World history tells us all fiat paper currencies head to their true fundamental value eventually. ZERO. In the last 570 years, there have been 6 World Reserve Currencies, each lasting between 80-110 years. The US $ is now in year 100, and many textbook distress signals are now in place. Will the 2020's be 'The Last Hurrah'? WHAT ARE THE DISTRESS SIGNALS? WHERE ARE WE? 1) Sky High Debts that can NEVER be repaid. 2) 0% Interest Rates. 3) Rising Unemployment. 4) Panic buying & Supply shortages. 5) Social Unrest. 6) Government Bonds Yields at record lows. 7) Endless Helicopter Money Printing propping up economies. ENDLESS MONEY PRINTING will CAUSE ZIMBABWE, WEIMAR REPUBLIC, ARGENTINA, VENEZUELA STYLE RUNAWAY INFLATION !! The elites know this system has reached its end, and the dollar needs to go away for the simple fact that they want more control by using digital currency. If the dollar is dethroned as the world reserve currency, I would expect it to be replaced by some “global currency,” not by an individual country’s currency. That’s what the elites have been incrementally working toward for quite a while. America is circling the drain because we have had shitty leaders for three decades. Or even six decades with one or two exceptions. Trump has been pumping up the over-valued markets and convincing main street, the stock market is A. the economy and B. a good investment, despite the first being stupid and the second being even dumber. The market is soaking up the inflation of the recent money printing,$6 trillion at least. A devaluation to pay down debt. Debt that will keep the music playing. Fed debt and government debt are used to control the sheeple. Sheeple debt is different and has to be serviced, or the system collapses. As Venezuela melted down, they had the best performing stock market in the world for five straight years. We are melting down. The stock market is going to da moon.....to da moon. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. All that matters is our government's continued willingness to disregard the financial well being of future generations to keep markets lofty these days. Next month ought to be interesting, starting off with a huge correction in the BLS employment numbers, and also disastrous quarterly corporate reports starting to come out. And the lag effect of this economic downturn will start showing up in our economy. Defaults on mortgages should skyrocket unless the fed steps in with trillions of newly created dollars. But they won't bail out the individuals. They will only bail out the banks and the markets (for now, until the time the order is given to pull the plug on the markets). The individuals will be dumped on the side of the road and left for dead. But never mind all that, the economic downturn is over! Stocks have skyrocketed, we created millions of new jobs, everything is just great. Smoke and mirrors at its finest. Free money from the federal reserve is manipulating the markets higher, and now fake government stats have joined in on the delusion. In the old days, we only had to deal with fake news; now, our entire markets and government stats are fake. The Fed already tried raising interest rates gradually from 2015 to late Summer 2019, and the financial system began signaling imminent collapse by Sept. 2019. Go ahead, raise rates again, and collapse the economy before it has even begun to recover. Apparently, the current riots with looting and arson plus murder and assault are not an adequate reset! Everyone should wake up before they are dragged into an intersection and beaten to death. The 2008 recovery only really favored the few anyway, and 2020 is grotesquely more severe as many of the previous jobs never return and what new ones do appear will not cover the losses. If anyone at the Fed triggers ANOTHER Crash by raising rates before the fires are extinguished should have all their wealth seized. To have any sort of civil peace, many more trillions will have to be passed out annually. And to do that rates will have to be Zero- for 10, 20, or even the balance of the century. The game ends when markets are too big for the Fed to manipulate. In the meantime, nothing can stop this emerging bull market as everyone knows that when the next ginned-up crisis emerges that the Fed is going to monetize equity (buy stocks outright). So buy all the stocks you can because when the dung hits the fan, the Fed will make you whole. This rally is orchestrated. No real thing will turn the market down as long as the system of organized support does not fail. As long as the volume can be held down by the ALGOs, the uptrend can last until there is another shock. It is the same game everyday. If it opens down, stocks land in a waiting basket. Prices are then managed back higher. Goal one is always to close green for the day or secondly, well above the open if that is not possible. Stocks are frequently gaped higher. The same basic pattern ensues, and the goal is to close at the high for the day, if that is not possible, no black candles or thirdly up for the day. The basic pattern is the same every day. Deal with the sellers in the first 30 minutes. Make a snake-like low volatility pattern until the close. Trial rallies are attempted throughout the day. The close is always banged. Every now and then it doesn't work, but even then it doesn't do too badly, Will this pattern be present tomorrow? It always is. Why would tomorrow be any different? It is silly to attribute rallies like this to organic trading. That is ridiculous. The really big question is "when to cash in and then where to put the proceeds." The petrodollar Ponzi is kaput, trillions created with a mouse click, and backed by some lizard on TV. Digital wheelbarrows of money for just a measly single share. Good luck with that. If you're not stacking gold/silver and bitcoin, you're going to be eating gruel in the Bolshevik gulags. Hear me now and believe me later. And stack useful assets. A solid diesel truck. Housing. Some basic commodity company stocks etc. Ammunition, of course. Body armor. Get more Precious Metals while you can. They will be too expensive and unobtainium later. Junk silver (90%) is still cheap and available in 1964 or earlier US coins (halves, quarters, dimes), and Franklins and Liberties. :Bunkers,Bullets,Beans,Bullion,COFFEE,BOOZE,LAND,And MEDICAL SUPPLIES. 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!
Saturday, May 30, 2020
๐America in Chaos , Societal and Economic Meltdown.
๐America in Chaos , Societal and Economic Meltdown.
2020 has been quite the experience so far. Can you imagine where we’ll be in another six months? Everything that could go wrong went wrong. As if the coronavirus and the worst unemployment numbers in history were not enough. Outrage spills across America, The nation's largest cities are exploding with rage. As angry protesters take to the streets and attack police and destroy property. America today is in chaos, with Mass protests, looting, arson attacks, looting, vandalism, and violence spreading from coast to coast. Amidst what is one of the worst health and economic crises ever. This is not going to have a happy ending. Economic turmoil, Mass unemployment, Civil unrest, Corrupt, uncaring Government, manipulation of the food chains, and add a pandemic in. This is the perfect storm. We all getting played to turn against one another, wonder who that is. Add into the equation; food shortage, natural disaster, solar minimum, heatwave, locusts attacks. There will be a lot more rioting, looting, and civil unrest as The U.S. economy continues to collapse. What we have seen in the city of Minneapolis is only the start. Social unrest and protests are unfolding across all major US cities. Our country is so profoundly divided. These are not peaceful protests; This is chaos. This is part of the agenda to justify the implementation of military martial law. This has been the plan from the get-go. Everything Going According to Plan. This is what happens once people realize that looting is systemic and starts at the very top. People are Fed up, and this country has lost any economic integrity or a sense of purpose. Those who make a peaceful revolution impossible will make violent revolution inevitable. America is coming apart, as we have riots, much like what we saw happening in Hong Kong. The White House is now suggesting the military may be sent in. Trump tweeted: ‘When the looting starts, the shooting starts’: quoting Miami police chief’s notorious 1967 warning. Trump and Pompeo called Hong Kong rioters "freedom fighter." While American protesters are called thugs. Smack of fullest hypocrisy and hegemony nature of the US unassumingly as a policeman in other countries' internal affairs. What the CIA did in Hong Kong, is coming around to haunt us at home. This is called Karma. After years of fomenting revolts and rebellions in other countries with zero regards for the people who live there, time for the US to have a taste of their own medicine. Why is America sending troops to quell their own rioters immediately after a day of protests and is making a huge fuss to prevent China from sending in their own troops for Hong Kong protests? Definitely double standards here. In the USA: Protests for a few days, sent in the military to shoot. In Hong Kong: Protests for one year, the police must act with restraining; otherwise, sanctions will be imposed on China. Bringing in the military to the streets of America will only get a lot more people killed. Problem reaction solution. The people will cheer for their troops marching in. Order out of chaos. The aim is to establish an overt police state and surveillance system that is used to oppress the masses and keep control of the country in the hands of the current owners and rulers of the USA after the US empire collapses, for generations to come. The surveillance systems are already in place. Police force training has also already been shifted from de-escalation and preventing violence to escalation and employing violence and brutalizing people. The psychological profile that cops are recruited from has also changed to allow mindless policing. The militarization of the police in terms of equipment and training has also already happened. Returning veterans who have been to war and know the truth, ex-cops and other dissidents of the regime are already being labeled as domestic-terrorists. The laws that make the establishment of a police state as a response to a crisis are already signed into law in the patriot act and NDAA. All that is required now is a spark of violence that is made to spread and spread (we are here) until finally somebody snaps (cops fire into crowds or crowds firing on cops), and that will give the excuse to fully activate the police state through POTUS declaring martial law. So Now Here Comes Civil War, Martial Law, and the Troops. Congress and the Senate will be suspended. The courts will be suspended. Power to rule will be fully shared between the head of DHS, head of FEMA, and POTUS/White-House. And there is no limit to how long the president can keep democracy suspended like this with FEMA, DHS, and White House being in charge of the country, instead of the legislative, judicial, and executive branches of government as the constitution declares. What happened in Minneapolis was a spark that could ignite a civil war in America. This is going to escalate dramatically as the economy begins to collapse. We are going to see a summer of riots like it's going to be back in the 60s and even worse. When people lose everything and have nothing left to lose, they lose it. And as a result, the militarized police are going to become more militarized. The uprising is the voice of the unheard. We see this explosion of violence and the rioting and the looting and everything is that we are having a real crisis of faith in some of our institutions. Because there haven't been consequences in the past for bad behavior like officer Chauvin. He had 19 violations in his career, and it doesn't appear that there was serious action taken against him, and now we end up in this situation. But what is the fair balance in a situation whereas we know of in the history of repression and of anger and justified anger! The vast majority of Americans of all colors detest rioters, want law and order, and do not hate the police. This mob behavior helps the globalists regardless of the media narrative and agenda. Now The The Washington Post is reporting that officer and George Floyd may have known each other and worked together for years. And the rabbit hole goes deeper and deeper. It’s the pieces that we don’t see moving on the board that concerns me. As long as we fight with each other, we cant fight the 1%. The reality is if you are not part of the 1%, you are a thug, regardless of color or religion. This is exactly what they wanted. They want America to destroy itself from within. Our enemies have turned the police into a weapon against the American people. We need unity, or we will wake up in a high tech prison. It's time for the US to UNITE and FORCE the Government to give the US the real hope and change We the People DESERVE! Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. We started coming together against the COVID, so they bring this out to divide us again. Mass media psychological subversion. Divide and conquer. All planned perfectly! Especially when everyone is wearing a mask and can’t be identified! while you are kept in constant quarantine and under house arrest while absorbing all the fear porn that leaves you anxious and distressed; ask yourself the question, why is society breaking down? with a media made mind virus, the virus of the crown maintain the social distance stay six feet apart and lose that soul connection we feel when heart meets heart it's something you can ponder while you languish in lockdown with a virulent mind virus. The virus of the crown dive deep into the rabbit hole and swallow the red pill and apply some critical thinking to what really makes you ill atishoo atishoo we all fall down with a virus so contagious. The virus of the crown you can lead a horse to water, yet you cannot make it drink. You can show a man the truth, but you cannot make him think complicit, compliant, complacent through decades of dumbing down with the virus of the hive mind, the virus of the crown. Indeed, Cui Bono? Who Benefits? American leaders have been encouraging hate against other people and nations for a long time instead of love. Civil unrest is the price they have to pay. We need peace, and if we don't unite for it, we're going to die in war. "There is a reason so many people are looking to move out of our major cities. The reason being is that major cities have become cesspools. The reason is that we've all grown to hate each other. It would help if the political class, every side, would conduct themselves as wise rather than zealots hell-bent on destroying their perceived adversaries. All organized chaos, along with COVID, part of a bigger plan. If any of your local representatives' tweet, "The President wants to foment conflict and division," they are in on it. Leaders, ( I hesitate to use the term), your government representatives should be listening to their constituents about their local issues and communicating the action plan their office is taking. Not finger-pointing, blame game, etc. The underlying problems that created this powder keg have been simmering for over 50 years. Money in politics, corruption, imperialism, economic control, never-ending wars, the great society program, controlling, not improving education, controlling, not improving, healthcare, etc., etc. If you want to change the system, start in your own community, get involved, hold your local representatives accountable. Point the finger at the actions, or lack thereof, of these representatives. This is what happens when you lock people up for four months and throw $1,200 at them to keep quiet while raining Billions of wealthy Wall Street CEOs and Bankers. Rents can't be paid; mortgages defaulting; What's next now? The lockdown has made the nation stir crazy. The frenzy is more contagious than the virus. People are desperate to add meaning to their lives. They are desperate for a cause. The killing of some guy we don't know by a cop we don't know has lit a fuse. The police are not the band of brothers. They will stand down. We are on our own people. Look to your provisions and your security. Authorities reportedly arrested Floyd because he attempted to pay a deli with a $20 bill that was allegedly counterfeit. Only The US Treasury owns the right to pass counterfeit dollars on the private entity FED command. If everyone else does it - society breaks. Posse Comitatus: is to limit the powers of the federal government in using federal military personnel to enforce domestic policies within the United States. So they stage the Floyd Police Brutality event( Floyd and the cope were 17-year acquaintances, Then start protesters in the streets. Add in more paid protesters, burn buildings, Gives the Government the excuse to send in The Troops. Totally what I expected from this Coronavirus Pandemic. 1) incite chaos. 2) invoke emergency. 3) martial law. 4) suspend voting. 5) profit! We are about to get screwed! Pay attention, please! 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!
Tuesday, May 26, 2020
๐ R.I.P. Middle Class America
๐ R.I.P. Middle Class America
We are no longer the wealthiest middle class in the world. The country is falling apart. In the US, The Middle Class is shrinking. Pew Research Center data shows that in 1971 sixty-one percent of adults lived in middle-income households by 2016 that the number was down to 52%. Americans as a whole now have over thirteen point eight trillion dollars in debt, a number that's gone up nearly every quarter for the past six years. Almost 40 million Americans have lost their jobs since the coronavirus pandemic struck in March. More than the population of Canada. 21% of Americans now rely on welfare, 80% live paycheck to paycheck. The number of people living in vans and tents has been increasing at an alarming rate. The Middle Class is disappearing, squeezed between taxation and inflation. Goodbye Middle Class: The Percentage Of Wealth Owned By The Top 1% Just Got Even Bigger. Previously affluent middle-class Americans are now queuing for handouts at food banks, as America experiences the worst downturn since the 1930s and the Great Depression. This is what happens when your government doesn’t have a furlough scheme and gives the money to the executives Instead. As the cost of living has risen faster than our incomes have, more Americans have been squeezed out of the middle class with each passing month. Credit cards, student debt with no degree/worthless degree, 10-year auto loans; Cry me a river. The K-12 cartel has become a de facto Stupid Factory, stamping out worthless slugs. The majority have been forced to hand over their wealth to the state to fund their pension Ponzi. Pure socialism and that pension Ponzi is a debt. There is no capital. The end result - wealth inequality, pensioner poverty, austerity, high taxes, lack of investment. If you're not prepared right now, it's too late. Wait till the food Shortage starts after this year's harvest. The Farmers were not able to plant, thus harvest yields are low and will continue to be low for years to come. Food riots are coming to a city near you. There is still time to plant veggies. Food shortages: Fiat Money is backed by food. New Dumb Serfs are born every minute. Future Tax Serfs Will Work for food and water. You trade your time for money. Read Food/Water/etc. Your time is up when you go broke (Deep in debt) and/or can't work anymore. Of course, these opinions of mine are a bit obscure & don't apply to the wealthy. However, given that people work for more than the essentials, like food, clothing, and shelter, not working means no essentials, and though I oversimplified it with food, you'll understand better when the food supply gets disrupted. Venezuela understands this all too well; Zimbabwe does too. There are only two classes left in this country. Those who have enough in the stock market to make a difference. And those who don't. And the gap grows wider. Where is the fair return on savings? The good old USA - has the worst wealth inequality in all countries. Three people - Bezos, Buffett & Bill Gates - combined wealth is more than the combined wealth of 50% of the country. Absolute worst in the world. Even in India, it takes nine persons. Proving the USA is even worse than India on the wealth inequality measurement. After the coming crash/reset, only a small percentage of people will have the resources/savings/knowledge to keep their own homes, those with large mortgages will get smashed. Wealth will flow into a monied/property-owning class, which will be between 5-10% of the population. The rest of the population will never have the chance to own property or assets. They will have to live hand to mouth. At the minute the hand to mouth class is roughly around 50-60% and growing every year, let say it grows at 3 to 4% per year, then within a decade this will come true. Sadly, this can't be stopped. Many people have already given up and now base their entire life on a hand to mouth, week to week existence. The youth see no future, instead of rebellion like the punks of the late '70s, these downtrodden kids are happy enough to dodge reality by playing Playstation or talking to imaginary 'friends' on social media. The American neo-feudalism will be the logical conclusion of the American clan-corporate "capitalism" imposed by the USA in 1913. It is the giant sucking sound of our fascist government using corporate socialism to bleed the taxpayers to support the kingmakers. The upper class has already taken a good chunk out of the stock market. Now They're waiting to buy everything up cheaply after the crash. This Depression will transform America beyond the obvious. Just wait until the FED wants to inflate away the debt. The middle classes will disappear completely or be redefined as the 90% to 95% percentile. Middle-class America, You are an endangered species, your children and grandchildren will pay the COVID debt through their organs and labor. We are less than a decade away from Soylent Green, and yet the ignorant masses come out every Thursday at 8 PM to clap and bang on their pots and pans. They are the dead men walking but are too stupid to realize it. Whilst they can't sleep at night through fear and spend their days praying to their God ( The big government) to make it all better again. They are willing to line up in an orderly queue, keeping 6 feet apart, to be slaughtered by the same people in power they worship as gods. The middle-class private-sector class was already mortally wounded after Clinton, Bush, and Obama. This is the final nail in the coffin and will eliminate the private sector and the American middle class. The only sector that has survived is the government employees who continued getting paid even while they were shut down. The USA will become more like China, where the brightest student fights each other for a government job instead of some private sector work. So many Americans are happily bought off for a mere $1200. Acceptance of slavery is worse than slavery itself. Offshore accounts hide over half the wealth of the uber class. We cannot compare the lower 99.99% to them. They own half of this planet. All roads lead back to the fiat money system. It was introduced to tax and enslave the public. What we need is a sound monetary system without government interference, precious metals, or barter. We are forced to accept a currency that loses value every single second! The rich, in collusion with the government, have robbed the middle class blind! How is the poor responsible for all the money that is being printed out of thin air to bail out banks and big corporations!? We pay taxes to feed the 1%. We are carrying a huge parasitic load.No more no less! We are truly slaves, and those who vote and support this sick system are simply clueless! Bottom line in two simple sentences: - You suffer because you are forced to use federal reserve notes. -Your life sucks because the Fed and the Wallstreet gang stole all the wealth of the nation with the help of the guys you vote for. Period! The Fed creates wealth for those with political power. It destroys the wealth of others who lack political power. In the beginning, the gross numbers are impressive, while folks at the bottom suffer. In the end, even those who receive wealth transfers lose. By the time the economy collapses, everyone has forgotten what caused the problem. "It's called the American dream because it isn't real." The American Dream no more. The American nightmare more like. The reason they call it the American Dream is because you have to be asleep to believe it. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the full truth, and nothing but the truth. The middle-class family life and security have largely disappeared. The first cause is "neoliberal globalization" is something far less organic, or evolutionary than many would like to believe. It has to do with free trade, outsourcing, and the transfer of huge amounts of capital, entire industries, and millions of jobs to places like China with near zero-cost labor. It was not the working & middle class that benefited. They lost. It was the multinational corporations, the investment banksters, and the rich who benefited. From the 1980s on, all our governments, and all economists knew what this was doing to our economics, and they all knew the trend which was bringing out nations from creditor nations to debtor nations. The banksters in the West loved it because with the increased deficit financing trying to maintain our standard of living, the governments had to borrow more from them. In the process, they became even more powerful. With fewer jobs, less cash, there was less security for the things which really matter in raising a family - all supposedly because we want to buy our ticky tacky at the lowest possible cost no matter what it does to us in the long run! As for China, the one-child policy which began in 1980 and which has caused huge demographic problems for that nation, was, in fact, a condition of the US for opening up the trade that went back to the 1972 Nixon-Kissinger negotiations with the PRC government. There was no need for it as the Chinese people were already on their own, reducing their offspring from 6 per couple down to 3. If the anti-child, population-reduction elites who run our nations were behind the Chinese one-child policy, as well as our own anti-family and population-reduction policies, as most certainly they are, then they of all people were in a position in overseeing free-trade to see exactly what it was doing to family security in the West. The fact is all of the elites are bastards, and they only way the middle class will have any peace or justice for any kind of security is to remove all of them from power and strip them of their wealth. Since they deregulated banking and took off all the safeguards put in to prevent a 1930s style crash, we immediately get three crashes in 20 years. We need to ban banking across state lines again, and Amazon needs to be broken into 50 independent pieces. The people that fled the renter status of Feudalism by settling the new world became owners. The country that threw out George the Third was almost totally middle class because most people lived on farms and in homes that they owned outright. The foisting of the FED was the destruction of a real middle class since inflation forced people to borrow from the banksters in order to build what they could do independently before. Property taxes are an abomination since it converts everyone into renters. The definition of the middle class, no matter how impoverished, is someone who owns his property entirely unencumbered by debt. Today there are three classes in America. 1) The One percent. 2) the middle class, which is 12% of the population, and actually making a living wage. 3) The NEW LOWER CLASS which makes 87% of the population. Globalized wage slaves with huge indebtedness. The middle and the poor get harvested, and the rich get richer. This was the real purpose of globalism. The best way to define the "middle class," is this: people in the middle class borrow money from banks, for houses, cars, etc. The lower classes can't borrow, and the rich do not borrow, except through corporate entities, which are actually quite legally distinct. Now, some bloke out there with a $10k/month mortgage certainly would say he is upper class. He is the upper middle, perhaps. The working class is what created the middle class. The educated working class was the upper middle. Now they're just all a bunch of debt slaves. The outward projection of the 'middle class' looks good, but behind the scenes, it's living paycheck to paycheck. The only difference is that they're doing it in a nice house on the West side of town instead of a trailer on the south side down in the bottoms. "The ceaseless rise of non-discretionary costs " Costs are rising at a ridiculous pace, property taxes, utility charges, and fees; the outflow is getting to be pretty heavy. It will be interesting to see who ends up naked when the next tide goes out. The Elite feel you should be happy to have a job. You don't need savings or financial security. Now quiet down, and get back to work. Exactly, all by design to keep you slaving away while barely keeping your head above water. Same as it ever was. A roof over your head is also a luxury to the elite. Being middle class rather than muddle or upper class puts you at bigger risk from the government than either the rich who own the government or the muddles who really have no assets face. In ten years, we'll have more government no matter who we elect, and it's the true middle class who will suffer from it. 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!
Monday, May 25, 2020
๐ Retail Apocalypse A Tsunami of Retail Bankruptcies and Closures in 2020
๐ Retail Apocalypse A Tsunami of Retail Bankruptcies and Closures in 2020
Even though we are slowly reopening across the board in the majority of the country, many businesses are still closed or will never reopen. We are seeing it in retail, and in health, we are seeing it in hospitality and travel. The Most Retail Stores Will Be Closing.COVID has hit retailers hard. EMPTY STOREFRONTS ARE BECOMING A COMMON PART OF THE Cities LANDSCAPE. People don’t want to drive miles and wait in line and potentially get sick for things they could have delivered to their homes the same day. 2020 will see a retail apocalypse, A Tsunami of retail closures, and bankruptcies. An unprecedented retail crisis never seen before in American history. More chain stores will be disappearing, and several mainstay retailers are rethinking the whole idea of having brick-and-mortar locations a staggering number of stores have shut down. And it is not just about these big chains, three-quarters of retailers are small businesses, and those are the ones that are really at risk. As the toll of unemployment in the U.S. is growing each week, for more than two months. Many economists and experts believe some of these lost jobs will not come back any time soon. With consumer confidence low, when people do not have two nickels to rub together, when people are not making nearly enough to live. What do you think is going to happen with the retail sector. That is the particular concern in the retail sector. Over two million Americans have now lost their jobs in retail. Stores shed jobs, of course, as sales plunged. A record 16.4 percent down from March to April, a bloodbath for the economy, since retail accounts for about half of all consumer spending, which in turn drives some 70 percent of economic activity. In acute pain, clothing stores, where sales have tumbled nearly 80 percent. Already struggling department stores are down about 30 percent. Include that well over 50% of restaurants won't survive on 50% less occupancy, which means 50% less revenue. When many need 85-90% volume, and a high table turns over just to break even. The pandemic has speeded the shift to online, predicted to jump from 15 percent of all retail to fully a quarter, good for virtual stores, disastrous for ones you can walk into, many of which have now gone under. As a result, it's harder for retailers to both pay their debts and stay current to compete with behemoths like Amazon and Walmart. Now, across the country, some stores are opening up. But, even if retailers open, are people ready to go shopping? Even among those who may want to go out and shop and miss that activity, a lot of them don't have the means to do so, or they're reluctant to spend because they're nervous about the economy. Confidence takes a moment to destroy. It can take many, many months to come back. My guess is that 30% of businesses will not return or won’t last long. And about the same percentage of people will remain unemployed. This setback will cripple the economy for the next ten years. The debt incurred will be the pandemic killer! And while operating at reduced capacity under new rules now, businesses are passing the buck onto consumers. Extended hours, limitations on the number of customers allowed, improved sanitization methods, and a barrage of personal protective equipment; All comes with a price tag. Some businesses are tacking on a COVID surcharge as they navigate through the pandemic. Now consumer experts say these surcharges may push customers away. Macy's said that sales were down 45 percent. Because of online retailing, it is likely that at least half the brick and mortar retailers were on the extreme margin of solvency already. Online shopping already accounts for 11% of retail sales. The good old days are gone when mall managers wouldn't even meet with anyone not representing a AAA national chain tenant. Now they are offering free rent and incentives to CBD sellers and hot dog cart owners. Thrift stores will become anchor tenants. After JC Penney filed for bankruptcy, Hertz also filed for Chapter 11 bankruptcy amid rising debt and a sharp drop in demand for rental cars during the coronavirus pandemic. The company is the latest business to fall victim to the coronavirus. This is just a start. We will have many more to see. I have seen news Aldo is also looking for bankruptcy Insurance. Pier 1, JCP, Kohls, Macy's, Foot Locker, Nordstrom. Then the Universities and Colleges. Starting with Halloween to Christmas, there are no parties, no celebrations. Rice and Beans for Celebration. Just wait another 60 days when the enhanced unemployment money dries up. There will be 50 million unemployed with not a pot to piss in. The depression is only in the unfolding stages, and the economic collapse that is coming will make the virus look like a picnic. Let’s make a list of those that are still able to make the rent: 1) Gun shops. 2) Liquor Stores. 3) Grocers. 4) Coin shops, (thanks to the gold and silver stackers). 5) Weed dispensaries. 6) Fast food restaurants. While dams fail, bridges collapse, communities deteriorate, and homelessness grows, while jobs and the US economy are offshored, the environment is degraded, and health care needs go unaddressed.US Billionaires are up 460 BILLION in just two months. And Will be UP a TRILLION, at a minimum, by fall 2020 election. Tens of trillions to Wall Street, the banks and corporate welfare socialism. America is simply going to drown in its unaddressed debt problems just as New Orleans drowned in Hurricane Katrina. America's economy was never strong; it just printed more money. This is just the beginning. It will get much worst when the looting, riots, civil disobedient, the chaos starts. Coronavirus has left the US in economic devastation. Most small businesses and service industry jobs have been eliminated. Airlines are sitting. Restaurants closed. No sports or any gatherings. People are hurting and need money badly. Forty million jobs lost in 7 weeks. America is on the verge of losing everything. This Economy is not going to just bounce right back. It is going to take years to recover from this. It'll get extended beyond the election. Bank it. The real ugly will hit at Christmas when all the businesses get to see first hand how broke many are now; and spending for Christmas craters. Many will be homeless as banks take homes and apartments. People do not own anything. We will be a third world country very soon. The Fed and the Banks will own everything. When you take a 30-year note on a house or property, you are really buying almost three houses in the end, you keep 1 for yourself and give 2 to the bank. Depending on your interest rate, that is. But its never really your property. The county will stick a gun in your ear every month and tax you. Right around here, I see people paying $10000 a year on their house just in tax. Imagine what taxes will be after this COVID BS with no income coming in for local governments. State pensions are a disaster. Politicians want to give hundreds of millions away to the homeless and illegals. They only get their money from taxes, your taxes. Inflation and taxes are going to explode. That's why GE and Ford and GM, GE, all those old money blue chips are gagging on pensioners that they promised to pay. Well, now they can't pay. They are pension guarantee/distribution companies that just so happen to make cars. That's the result of 4 decades of neoliberalism, capitalism on steroids, ' more is never enough' a dog eats society, without humanity. This is gonna suck for a while, but we are finally seeing what is important and what is utterly useless. Overpaid, useless politicians. Social welfare at taxpayers' expense with no accountability. Institutions of higher learning that rib and exploit young people while offering a useless degree and debt, while tenured professors are basically fat parasites living off the servitude of young people who can't find paying jobs. And the list goes on. We could see societies on a global scale go back to simple living, learning skills, or knowledge that fixes problems and not teach victimhood as currency and a real responsibility to the community that results in positive action. One hundred years ago, you knew your neighbors and helped them when they were in need. Most people don't know they're neighbors name right now. I really think this was one of the goals of the virus scare. They want to eliminate most physical locations of commerce. Everything is to be done online - less travel, less mingling with other people, less competition, further economic globalization, elimination of thriving local economies, ultimately moving towards global technocratic communism. Things are a whole lot worse than you know. Historic highs, Monstrous lows; Everyone broke; Little hope. Sounds like a job for the WAR option. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the full truth, and nothing but the truth. THE American ECONOMY is COLLAPSING! This is THE WORST DEPRESSION IN HISTORY IS JUST AROUND THE CORNER, ONCE THE REST OF THE WORLD REALIZES THAT THE US DOLLAR IS WORTHLESS! The Day of Reckoning approaches. Most of these businesses have their doors still open only because they do not pay rent. Once they get evicted, they cannot pay their suppliers and employees, and the chain reactions begin. Meanwhile, Robinhood traders clicking their mouse and popping anti-depressants like they were tic-tacs, continue to buy their lottery ticket shares. The chaos will not be a sudden meteoric event. Instead, it will be a gradual and insidious process. The poor dumb American will be bankrupted and evicted in a controlled process. At least that's what the globalist have planned. But, by the very definition of "chaos," this will not be predictable by any means. We must rationalize the pandemic's aftermath in a thoughtful and mature way. Rashness and impulsiveness will not serve the cause of righteousness. Listen to what your conscience tells you. Follow ITS proddings... for that is the voice of God. Do not succumb to any "relief" initiatives given by the government. Seek civil disobedience movements. Deny vaccinations. Defy gubernatorial edicts. We must act as a hive. There's no way they can control a free-minded people. Huge swaths of "Main Street" properties are owned by Real Estate Investment Trusts and another high flying, HIGHLY leveraged investment consortium. A lot of Mom & Pop investors bought shares in these financially engineered Flim flams thinking they were investing in something tangible - real estate - not realizing that they were really investing in a complex smoke-and-mirrors shell game run by rogue accountants. Commercial Real Estate has, like everything else in the Financialization Of Everything world, been used as collateral for financial instruments running 25X - 50X - 100X leverage. It's subprime and jumbo mortgage meltdown version 2.0 waiting to happen, and once again, nobody could have seen this coming. Dang coronavirus! Everything was rock solid until that pesky bug showed up. Now the financial system is going to need another bazillion-dollar liquidity infusion from the Federal Reserve. The whole American economic system is very predatory and unforgiving and doesn't have any resilience when something disrupts it. In the end, it's the poor people who suffer, and most Americans could give a damn. It is a very poor system by any measure. The system was designed by the elites, for the sole benefit of the elites. 99.9 % of the population has been screwed every which way, and those that control the issue of money, simply get more wealthy and powerful. To end the Fed, one has got to bring down their masters. The Banksters are a gang of criminals - they are the head of that snake. We, the people, are definitely screwed! You don't pay your car loan; they take it. You don't pay your country's loans; they take it. Here is the kicker; they bought the country with the paper they print. PAYDAY!!!!!! Why have Americans allowed this to happen? Our forefathers properly warned us. 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!
Sunday, May 24, 2020
๐Mortgage Crisis has Begun Mass Foreclosures & Mortgage Market Mayhem.
๐Mortgage Crisis has Begun Mass Foreclosures & Mortgage Market Mayhem.
4.7 million Americans cannot pay their mortgages right now. That's a million and a half more than in 2008. In May, 8.8% of mortgages are in forbearance. One-third of the American tenants stopped paying their rent. Millions of Americans unable to pay May's rent and mortgage.Up To 30% Of All Mortgages Will Default In Biggest Wave Of Delinquencies In History. The Mortgage Market Is On The Verge Of Collapse. The Mortgage Crisis has Begun, with mass foreclosures and mortgage market mayhem. Americans affected by the coronavirus pandemic are struggling to pay their rent when they have lost income. More and more tenants are protesting, paying their rent. Missed rent, in turn, adds up to landlords who can’t pay their mortgages or property tax. And then cities and states will struggle to provide the basic services that tax payments fund. Tenants can't pay their rent. Then owners can't pay their bank mortgage. Then the banks collapse. Welcome to the future, folks.And what about the Ponzi scheme that allowed the mortgages to exist at all? A Ponzi scheme with no incoming payments collapses. And that is exactly what is going to happen. But don't worry, the bank executives will be just fine. The economy’s dead, and as is standard practice these days, the autopsy report will make no mention of pre-existing conditions or diseases, it will just say Corona. In Los Angeles County, they announced tax increases starting June. So a bunch of people lost their jobs, and oh yeah, your taxes have gone up. It is insane that construction workers pay more in taxes than amazon or Jeff Bezos, who’s worth around 130 billion dollars. State and Federal government tax everyone at an average rate of 7% on everything. Corporations get their money from the exploitation of the working class' labor. Large corporations got their tax breaks even when the economy was booming. Ordinary folks can't get a break even when they can't pay. April and May are pretty irrelevant. The crisis has barely even hit. Just wait and see how those numbers change in the next few months after the real fallout from this crisis hits and after the unemployment money potentially runs out. The first $2.2 trillion bailouts will take us out to about the beginning of summer. Then what? In the coming months, there's going to be a wave of defaults within 6 to 8 months that will make 2009 look like a blip. Skid Rows will be created all over America. Even before this crisis, a lot of Americans were living paycheck to paycheck. Some were spending more than half of their take-home on rent alone. Now that they're stuck at home and don't know when they'll get back to work, they've got some tough choices to make. More than 38 Americans have filed for unemployment since mid-march leading to long lines sneaking into food banks from coast to coast and rent strikes across the country, from New York to Los Angeles. More than one-fifth of Americans said they had little or no confidence they can pay the next month´s rent or mortgage on time, a survey found. In April, we witnessed the largest single-month jump that has ever been recorded. Mortgage delinquencies surged by 1.6 million in April, the largest single-month jump in history, according to a report from Black Knight, a mortgage technology and data provider. The data includes both homeowner's past due on mortgage payments, which aren’t in forbearance, along with those in forbearance plans and who didn’t make a mortgage payment in April. At 6.45%, the national delinquency rate nearly doubled from 3.06% in March, the largest single-month increase recorded, and nearly three times the prior record for a single month during the height of the financial crisis in late 2008, Black Knight said. Frustrated and struggling Americans took to the street across the country in rent strike as bills come due, and families face hard choices. Many states have suspended evictions or foreclosures during the pandemic. The governor of New York said, there's a moratorium you can't evict anybody for three months. California and many other states and cities have followed suit, pausing evictions for the next two to three months. A growing movement is now calling for a rent strike. But after three months, In July, the eviction notices are going to come, the homelessness problem is going to rise, and the real economy is going to be sacrificed to the financial sector. The American economy will look pretty much like Greece. It'll be in austerity. There will be people who don't have jobs. They are going to be evicted from their apartment. They will have to run through the savings. They will not be able to pay their credit card debt and other debts. So arrears are going to rise, and the banks will be squeezed. And Trump says the one thing we can't save the people, but we can save the banks. The Federal Reserve has enough money to keep all the banks afloat even if they're not getting the mortgage payments, even if they're not getting the debt collection. And the banks can now make up for the money they're not getting by having a huge new market lending money to private capital and to the large companies to buy out all of these small businesses that are going under. It's a bonanza. And that's what Trump said that'll make the country rich again, meaning the 1%. Not a problem when the Government prints money, and the peasants don't have to rely on the elites to lend to them. Or is using the "magic wand" only okay when it comes to bailing out the wealthy, propping up their portfolios by manipulating the stock market. As a result of Wuhan flu, most companies in the US declare bankruptcy, financial institutions stick their hands out to Fed, Fed fills their pockets. Companies borrow from financial institutions (again), lenders on hook for unlimited amounts of money with no fear of risk. Rinse and repeat. The FED balance sheet (the one we get to view) will be 12-18 trillion in the next 6-12 months. All hands on deck to keep the stock and bond market from imploding. They are going to cannibalize and feed everyone to their friends on top. We see the collapse of civilization as we know it. And, This is only the beginning. We have a $22T debt owed to a private central bank. That is the problem. They buy bonds and flood the country with money. Then, those 10-year bonds mature, and money is transferred from wherever it was, back to the central bank. That is the problem—private central banks. There is no way out peacefully. The powers that be think inflation is prosperity. They are firmly squeezing the economy into hyperinflation, where they own everything, and the people are left to perish. The banksters don't need us anymore, and the real disastrous calamity has yet to occur. This is the retirement of bonds purchased by the fed for QE2. There's a 3rd wave, due over the next year. Ten years from QE1 happened in 2018. This is QE2. Quantitative easing 3 is due to retire shortly. The money supply will be hugely contracted. Money has only served to enslave those who can't create it from nothing. We need a new course, with or without money. Where your inspiration and drive can manifest tangible and beneficial results, everyone has some talent or ability that may or may not be harnessed, because of the question "how well does it pay?" It's not human nature to be selfish or greedy. That comes as a result of deprivation or scarcity. Some people may always behave that way, but if there were enough for everyone, that condition would surely subside. It will become our duty to rebuild this great nation. I hope we have the ability and the commitment to make it how the founders desired, with liberty and justice for all. The government causes the problem for the people, then the people go to that same government that caused their plight and expect different results. The government might keep you alive. But only self-sufficiency and your own critical-thinking will turn lemons into lemonade. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the full truth, and nothing but the truth. What is clear is that Americans don’t have savings. That most Americans are living paycheck to paycheck. Half of Americans have less than one month's savings. Even small business owners and entrepreneurs. We have the lowest minimum wage rate in the world. Things continue to get more and more expensive, yet wages never go up. For decades you lose if you have “savings.” Cash devalues 2-3% per year from inflation pre corona. The only yield for commoners to keep up was gambling in the stock market. Now that’s demolished and pilfered. Rip off capitalism for the Dollar printers and lenders (lending what they print that costs nothing) and theft of time and resources from the serfs. This is Feudalism 2.0. The message from state governments to all business owners large and small is, "You exist at our pleasure, and we can cancel you in a minute. You will kowtow, or you will not have a business anymore." I believe that was also the arrangement under feudalism. We destroyed that paradigm when this country was founded. Now we have reverted to it. What in God's name happened? 2/3 of landlords are renting rooms or one stand-alone house. They are not rich. The Government is the cancer, no matter the form. Anyone who is a landlord knows the precise point: "People dealing directly with people can figure everything out." The Hobbesian view of every man against every man is pure nonsense, as man's default condition is one of mutual cooperation. Of course, bad apples exist, but if Hobbes was right, humans would have gone extinct millennia ago. Government creates the discord, not people entering contractual, voluntary relationships. What we have now is socialism for the corporate welfare bums and debt for the slaves, which doesn't work either. Large businesses own the state. They use it to crush the competition. This means that the banks and government will be the major owners of real estate in this Country. The end result is the fed (a private bank) buys the property for pennies on the dollar. Why is it landlords and lenders who get jacked? Most landlords are just regular businessmen too. And, keep in mind, the Land Lords will still have to pay the property tax to the Grube, which is the lion's share of every payment anyway. Landlords will default. How can they pay taxes under such extremities? The government wants to own everything. This is communist! The only one's buying will be banks. In the end, banks will own everything, and everyone else will be a serf, and they will be your lords. The banks get your property, that was the plan, part of the pandemic. The Banks bleed you first, then take the property. 30% or more of mortgages could easily be in a state of default by the time this is said and done. Try kicking 1/3 of the country out of their homes. You'll have a population that is no longer fat, happy, and comfortable. That's when you have to worry about the boogaloo. Whatever they do, they will NEVER let the markets clear on their own. Never let anyone go broke again, least of all the banks. Never let the debt Ponzi end. Never let anyone who has been fiscally responsible with their life or business have a shot at succeeding when others less responsible fail. Never let anyone get ahead in society by their own effort and intelligence. Never let consumers decide what they want to buy with their own money, nor producers provide it for them of their own free will. Never let anyone who defers immediate consumption in favor of profligate spending be allowed to gain by their behavior. The sad part is that bankers would rather evict you and have the property vacant and rot than negotiate a much lower rent and forbearance. We did bailouts in 2008 and crossed that moral hazard again when the government and fed literally handed out 6 trillion and counting this time around. I think only 500 billion went to the plebs. Time for a Debt Jubilee! Wall Street essentially gets at least once a decade. Now it's the tax slaves turn. I am, like you fiscally conservative and have virtually no debt, but my sense of fair play says it's time. Time for a debt jubilee and a return to honest money.Although I am sure that the debt shackles ain't coming off serfs without a BIG fight. We live in a system with $10.000 GPD per every human on the planet, $40.000 debt per every human, and $200.000 derivative per every human. It is unsustainable, and now with Wuhan's plague irreversible that we are at the endgame. It may take a decade, but endgame it is. And fine by me, debt should be something you are scared off. At the end of the day, it's mathematics. Usury is exponential, and our world is finite. Why not look at modern-day Russia instead, who is doing quite well after defaulting on its debt. We have an option, either cancel the debt or become debt slaves. The world owes hundreds of trillions of dollars. To who????? The system is rigged. Time to change the rules. This Coronavirus is the excuse to transition us into a global, communist, totalitarian, satanic, one-world government. The quarantine was the most diabolical event ever perpetrated. Millions of people instantly all out of work for two months because of unreliable models, Mainstream media, and cabal propaganda. Tragic, so many fell for it. And with so many, it will be nearly impossible to break the spell. 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!
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