We all trade what we are good at for what someone else is better at. The problem is neither the USA or China have a medium of exchange (form of money) that is honest. Banksters have become super rich, fast, ruthless, opportunistic and canny in their multi-billion dollar bets on the workings of financial markets. In the last 3 months more shares have been exchanged from being in long position to short position. The world's most powerful investment banksters are nothing more then great vampire squids wrapped around the face of humanity, relentlessly jamming their moneyed funnels into anything that smells like money. The banksters staffs are like bellicose "orcs" in the Lord of the Rings.
Gazillions of dollars in bankster profits does not look right, when main street employment is forced to down-seize. The most objectionable aspect of bankster's take via looting is that that loot of so called earnings are shared by such a small number of already ultra-wealthy people. On average the banksters distribute 47% of their revenues to employees who get an average pay packet of $900,000+ a year. It's obviously better that banks be making money than losing it. The question is does that generate jobs - which is the word we haven't heard anything about in the real main street economy. After an infusion of billions of taxpayer dollars to keep Wall Street banks afloat, is any significant portion of banksters capital going into sustainable employment, be it in manufacturing or some new form of energy? No it is not. Their job, from a macroeconomic perspective should be to raise capital and put it into those sectors that will create jobs. They are not doing that. Then why are we supporting them in the way we have via the tax payer bailout? Stupid is as stupid does. Learn to create your own credit, borrow it from yourself, and make the payments to yourself to enrich yourself instead of the banksters. After the cataclysmic events of 2008 and of the past 2 months, are we simply going to allow banksters to go back to enriching themselves through an elaborate, opaque form of casino banking which is detached from the rest of society? It looks that way. Neither the USA or China are the best at everything, or the most efficient at everything. As a nation we need to concentrate on what we do best and on what earns us the most in the global market place. But to do that we need honest money. Neither country has it. If we did, then we could use the proceeds from this trade to buy the things we aren't so good at instead of using bankster credit. When I say things we are not so good at I mean cheap textiles, cheap manufactured goods and some agricultural products we can't grow in our climate. Nobody wants to pay the price of a simple shirt made at US wages. Same can be said for footwear and a lot of other low cost items. Let some poorly educated person in a less developed nation do that work. If we had to do it all here the products would cost a lot more and as a result we could afford much less. We should do the things nobody else can do as well as us, like in building railroad locomotives, vehicles, airlines, oil drilling and refining equipment, gas turbines, jet engines, medical equipment, etc. These are high valued items who's prices can pay their workers the kind of wage that will let them live a decent life in a developed nation with our land and resource costs. Then buy the cheap stuff from abroad that simply doesn't fetch enough money to pay a decent wage by US standards. Everyone has more that way. This is the benefit of trade. But for the above to happen, there has to be honest money to have honest trade. The whole world does not have that, thus there is no honest trade. That is the part we need to fix. The way it is right now, the banksters own the world, our government and us. Is that what we want? Be the downstairs people for the upstairs people? Seems that way. To make a $100,000 loan to a borrower it costs the banksters $5,000. Is that fair? No. So fix it. China, like the USA has become a manufacturer and assembler. Most of the raw materials for digital tech is found in China. China as the tech raw material and cheap labor that the US depends on. Use it but make it possible with honest money, not bankster created thin air credit money where everything is written over (collateralized) to the banksters. To be free don't let the bank collateralize what you own and place it on their balance sheet. Learn how to create your own thin air credit just like the bankers do. Borrow that thin air credit from yourself, and make it payable to yourself. That way the first payment makes your second payment, and the second payment makes the third payment and so on. Enrich yourself, not the banksters that already own us all. |
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Topic:
What kind of site is this
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Is this a dating site ? Because that's what I thought it was,,,or is it a sex site because so far I've been propossitioned from 2 different fellas. How do you find a genuine fella whith a specific age who's looking for the same things I am... Hi I'm Kathleen Look at this for what it is. It's a commercial site. On a dairy cow, the udder is the business end of the cow. Same can be said here with breasts and other parts of the human body. Those propossitions are most likely from computer created profiles that most likely don't even exist in physical form. I have met 3 people from this site so far, and I can tell you the words and pictures as shown on the site do not match physical reality. One of my meets had a picture of an older white lady turned out to be black and 30+ years younger. I would have took her on, but her wanting children was a no to me. I just cant start another family with someone that is younger then my adult children. Most pictures or profiles on this site are simply doctored up to look better then what they are. Maybe one out of 10 here are real and exist in physical form. The rest is just a computer construct. People have and will invent ways to make a living. Thus the need to look at this as a commercial site. |
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Debt cannot repay debt in the aggregate. Only earnings can retire debt. As for currency or money, our money represents debt that has been monetized. The interest lug on this debt is annihilating the middle class and delivering the nation into the poor house. The arrival of raw materials times price man debited, nature credited delivers earnings. Only earnings can retire debt. A sound money system should provide for a commodity dollar, or at least for a common denominator commodity as backing for currency. The bottom line is that debt cannot be paid with debt, and debt generates no aggregate income that isn't offset by more debt. It takes production times price to generate aggregate income for an economy.
Debt levels are rising, thus it consumes more capital by diverting it from productive investments into debt service. As debt levels spread through the system it consumes greater amounts of capital. Deficits and deficit spending are highly destructive to economic growth, for it directly impacts the value of income and saved capital. Deficits and deficit spending destroys saved capital, which in turn damages capital formation. The end result is the lack of ability for consumers to maintain a good standard of living for it is is beyond their earnings capability. The majority of the aggregate growth in the economy since 1980 has been financed by deficit spending, credit creation and a reduction in savings. This reduced productive investment in the economy and the output. As the economy slowed, and wages fell, the consumer was forced to take on more leverage to maintain their standard of living which, in turn, decreased savings. As a result of the increased leverage more of their income was needed to service the debt. Today's expectations of a return to economic growth of the past is just a fairy tale. The past 8-years of stock market returns were fueled by trillions of dollars of direct debt injections into the financial system, and that debt injection is not sustainable. While the injections have kept the economy from falling into a depression in the short term - the unwinding of that support will suppress economic growth for many years to come and make the depression to come last much longer. In a lot of ways, especially volatility 2019 will be much like 1929. We are entering a bear market. Learn to create your own credit, just like the banks do, borrow it from yourself and make the payments to yourself. That way the first payment makes the second payment, and the second payment makes the third payment, and so on. |
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In order to lower our Treasury debt we could give a Trillion dollar tax cut to the rich and corporations, start World War lll and throw all the sick and poor people off all of so called healthcare plans and start a trade war that cripples the world's economy like we are now, and that ought to solve our problems. NOT. But that is the plan. Stupider then hell.
The main point seems lost here. A vast amount of the trade deficit is caused by US companies manufacturing overseas. 70% of our imports comes from our manufacturing base in China. Punishing China alone doesn't solve this problem. It is a US homegrown issue mainly due to companies being forced to produce overseas to keep costs down and stay competitive in the US market. Those that don't haven't fared well. The point being, action needs to start at home if you want to deal with the trade deficit. The other issue is that our consumption is a giant cause of the trade deficit and blaming countries for fulfilling our demand is absurd. Trump's trade war is really with US corporations and their offshoring. I hope Trump knows this. I think that is why he's cutting regulations and red tape at home. Trump's war is with the corporate ideology that says profit is primary to nationality or normal morality. He gave the biggest corporations a huge tax cut. Now those corporations need to play ball with America's workers and give them a livable wage. They need to acknowledge that we're all Americans and our legal system, which protects their solvency, will not survive if today's angry politics continues like it is now. There's all these trade tirades going on. Somehow we need to elect some wise men into government instead of the human hoodlum garbage, so government policy makers can step in for a sit-down and determine the best policy for America's future. We are in trouble because of stupid and Unconstitutional banking system that uses thin air credit as lending money to make loans with. We need to change that. Then we have to work with the problems we have, created from that thin air credit lending. We can fix our government debt problem and Social Security overnight and make it sustainable at no cost to the tax payer or future retirees. Congress can fund Social Security and the government debt problem by printing $5 trillion dollars plus whatever amount needed to get the Treasury debt to $10 trillion and place it all into the Social Security Trust fund. This won't cause inflation because that money is not entering into circulation. Since Social Security isn't going to run out of money until 2030, the money won't enter circulation. It's the flow of money that causes inflation. By the time it needs to draw on that capital, the increase will slowly be captured in the already target inflation rate of the FED and by then the FED can more than deal with it as they do now with inflation, adjustment of rates. Social Security would hold all Treasury debt over $10 trillion, not receive interest on it, unless the elected representatives do not balance the yearly budget. When the elected representatives do not balance the budget, an interest rate of 5% on that money is due. For every year they do not balance the budget their salary must be cut by 1/3. That is how we get our Titanic to float again. Somehow we have to get someone into government with some intelect. I spelled it that way on purpose. |
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How can a made up profile that is a computer construct read a profile? It does not want you, it just wants your money or information.
Welcome to this, whatever it is. |
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On YOU Tube watch >
Watch this new technology in China converts desert into productive land rich in crops. |
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Unless we stand up against this debt tyranny created by thin air credit, it will keep creeping on us, day after day, until we find ourselves totally enslaved by a world of bankster-government collusion where everything of value is owned by banksters, all enforced at gunpoint by law enforcement.
Should I ever get so lucky to be a dictator, every person or entity owning US government debt will be forced to accept a wooden nickel in exchange for that debt. Every bank not lending Constitutional money will be stripped of all assets. |
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Edited by
chris
on
Thu 01/03/19 08:05 AM
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So far I have met three by going half way to meet them. The one thing I have learned here is that this is a commercial website. Ever since I changed my profile to rent my place and me out for so much a month, I actually get some real people contacting me. There actually are people on here that can't afford to meet me, but how to seperate them from the rest looking for money here is a problem for me. I hate getting suckered. I need someone who can support herself, not live off of me, and that is my problem number 2. And the third one is I am 65, and don't want to start another family with someone that is younger then my kids. Believe it or not, there are people out there who do not work, and have no money. Scaming people is their job so called. It is a way to make an income.
Then of course the person who started this threat is now deactivated. |
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Edited by
chris
on
Thu 01/03/19 08:01 AM
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When a gas station runs out of gas, it posts a sign, "Out of Gas." When the collateral Repo Market runs out of buyers, it does not post a "Run out of Fools to buy this Junk." Why? Same is now happening with the rest of the financial market. Why don't the financial market post, "Out of Money." It happens to be the truth.
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Al of the problems that resulted in the '08 financial crisis are being made worse since that crisis by the very banking entities that created the problem in the first place. They created the 2008 financial crisis by inflating the housing bubble through their thin air credit process, which made it possible to keep interest rates low for too long, and by lending to every fool with no or not enough income. This time around, they kept them even lower for even longer to indebt corporate entities with a far bigger bubble than the one that popped in '08. Now that this one has popped, it is going to be followed by a worse crisis and a worse recession, because US corporations are going to be forced to lay off people to cut expenses not just here, but also in China. People need to understand that and prepare for it.
We do not understand how China has been propping up the American bubble economy by buying our debt. They buy American debt and they sell Americans products "made in china" our manufacturing base makes with their cheap labor. So far there has been very little revival of the American manufacturing base in the USA. The US trade war with China is being used as a means to derail China's global ambitions. The USA hopes that by cutting our trade deficit with China will cut Chinese access to US$'s in the hope to force constraints on China in executing its ambitions. The problem is that, that is not happening. Chinese based manufacturing activity has shrunk for the first time in 19 years in December of 2018 and it will continue to shrink. That is because China is loosing interest in being the low labor cost producer. It used to be that China used its trade surplus to finance China's global ambitions. China has decided to do what we should be doing. Grow their economy by enabling their poor to become consumers and to become more self sufficient. They are basically coping the vertical farming structures Holland uses. In less then 10 years China will become a net food exporter. Over the next 10 years their middle class will be 3 times larger then our entire population. Let's look at what we are doing. Our manufacturing is as weak as ever. Our trade deficits are bigger than ever. Our budget deficits are bigger than ever. Right now both of the Chinese and American economies are slowing and there is little Trump or Xi can do about it. Both countries countries now suffer from falling demand. Neither country has any negotiating power left over the trade war. Both countries are now faced to make a face saving announcement, even if it all amounts to very little change. Ultimately, both Trump and Xi are going to have to focus on much bigger problems. The stock market boom has gone bust in both countries and the economic boom is going to bust in both countries, and both leaders are going to have a real hard time. Then we are going to have to do what China has started to do. Grow their respective economy by enabling the poor to become consumers. In China's case consumers of self sufficiency. Sooner or later we will end up having to do the very same thing when things get bad enough.. In both countries be it China or the USA or for that matter the rest of the world, the what I call the financialization of the collateral repo market is freezing up. What used to be a very liquid market is no more. What this shows is just how fragile and how quickly everything can go wrong. The problem here is that buyers of this debt no longer want it, and they are trying to sell what they already have to much off. This debt paper is now loosing value on just about every business day because what is in that paper is loosing value on just about every business day. It is now only a matter of time before these collateralized bundled debt has to be taken apart, so the junk in it can be sold at some type of garage sale. |
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Topic:
Hi I'm new here
Edited by
chris
on
Tue 01/01/19 09:59 PM
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So this is a crazy farm? Was just checking the site out. Yup but don't be so technicle. It happens to be the truth. This place is a crazy farm, so to speak. Did you know that on "deepfake" clips, images of women's faces, breasts, etc can be super-imposed on images and vidios? |
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Did you know that on "deepfake" clips, images of women's faces, breasts, etc can be super-imposed on images and vidios? Same is true with our money.
There is a push for more perpetual bonds, a type of security that doesn’t have a fixed maturity and can make interest payments to investors forever. The aim is to help the big lenders meet capital requirements, so the debt pyramid can keep growing. People need to understand that countries with trade surpluss don't speculate in our treasury, they hold. The reason they hold them is to store their trade surplus. When their trade surplus becomes trade deficit, they stop buying and in fact they will have to sell. It is as simple as that. There is a reason why hell is empty, that is because all of the devils are either bank CEO's or representatives on the take. The funny part of all of this is that the stock market bubble is getting pricked, and the very people who are in control of that bubble are now shorting it to kingdom come. Will we ever learn from history? That is what will soon be history. Why is there 24 hours in a day and 24 beers in a case? Some say the greatest invention in history is beer. To me it is funny money as in thin air credit. Some people use beer to have better sex. In heaven there is no beer, that is why we drink it here. To drink is to get feeling better, when feeling to good we are drunk, then fall asleep, when falling asleep, we commit no sin, when we commit no sin, we go to heaven. Beer is proof that God loves us, and wants us to be happy. Beer is salvation in a can. Except I don't drink, so I am going to hell. I’m an equal-opportunity critic toward Republicans, the warfare party and Democrat, the welfare party, because both parties are packed with the pocket politicians of the bailout banksters who broke their world and who are breaking it again. Along with the military-industrial complex, these parasites of our wealth form “the establishment.” That’s why neither the Warfare Party nor the Welfare Party has ever had the vision to lead us to sustainable prosperity for the 90% of the people, and they never will until it all falls apart. Our windbag economists are no better. They never saw the Great Recession coming, though I did. In fact, many of them said there was no recession anywhere in sight, while I took a lot of criticism for saying in 2007 an economic crisis was imminent, due to a housing collapse that was just beginning and would develop into a globally setback for the world economy, and now it is all about to happen again except this time it will be bundled corporate debt instead of the bundled mortgage debt last time around. But nobody cares. In 2007 I posted how to create your own credit out of thin air so you can make the payments to yourself, thus the first payment makes the second payment, and the second payment makes the third payment and so on. I almost got killed for doing it. That is what happened to Kennedy, for he as president tried to get honest money into circulation. This year 2018, I tried to do the same thing in a different way. I was hoping the replies would put the pieces together I dared not say. That did not happen. I had all of the steps in my posts, but nobody was able to put it together. Nobody cares. So here I am, coming to an end to what I started. At least the coming year will be eventful as things go teats up. Being a former dairyman, and having no education, that is the only way I can describe it. I am so sad, and this is, so sad. No point in posting to myself. |
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Topic:
Resolutions
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To make improvements to my wooded properties (thinning).
To write and sell a course on a simple,livable system of self sufficiency and a way to create your own income to operate 100% on cash. To cash up. To increase the production of cool weather crops as in kohlrabi, kale,, broccoli, lettuce, mustard, parsley, carrots. To somehow get a hold of a hackbrett and learn to play it, even though I can't tell one note from another. To somehow get my electric bill down. To try not be so stupid. |
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Edited by
chris
on
Mon 12/31/18 04:50 PM
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Our money system represents debt that has been monetized. The interest lug on this monetized debt is annihilating the middle class. It is the arrival of raw materials times price - man debited, nature credited that delivers earnings. But for that to happen, there has to be a sound money system that is backed by a commodity. The bottom line is that debt cannot be paid with debt and debt generates no aggregate income that is not offset by more debt. It takes production times price to generate aggregate income for an economy. And for that to happen there has to be honest money and we don't have that. In our system, all money is debt money. There is no other source of money except to borrow it into existence. How can debt be retired with debt dollars?
Use QE to enrich the rich by adding debt to the poor and unborn. Use quantitative easing (QE) to pay present unpayable debt by placing that debt on the future taxpayer. Everybody's debt obligation keeps increased as our Treasury debts keeps on increasing. The rich make their money by lending credit nothings to make bank deposits. Let the little guy do that and let him make it payable to himself. That way every payment made can be used to make the next and all payment thereafter. Why should the banksters be able to make loans from thin air money to make deposits with? |
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Capital to be money must back itself and possess the potential to obtain things equivalent to its value. If it can't do that it is not money. We no longer have any money in our system that backs itself. It has all become IOU's that has to be paid with more IOU's. Before the Glass Steagall Act was repealed, capital was loaned out as loan capital. The removal of the Glass Steagall Act, made possible for capital to be replaced with bank created thin air credit that is now loaned out as IOU capital. The creators of the thin air credit has replaced money that backs itself with IOU's.
What we have today is usury credit capital imposed via the Federal Reserve, a private corporation that is using thin air credit to exploit the peasantry (people) indirectly by loaning IOU's to the feudal lords (military contractors, infrastructure, etc.) Basically we have government by corporate lobbyists who work for the military industrial and industrial complex. It is now only a matter of time before entitlements will be eliminated. For the power that be to get people off entitlements they will create a financial disaster to make it happen. If I had a say, I don't, I would use the social security funds to employ them in the profession of self sufficiency (real living) instead of the artificial living we are now doing. We must realize that it is time to stop subsidizing debt creation. agricultural practices that contribute to global warming, and start subsidizing real food growing like what China is starting with its vertical structured farms. We must change farming and land-use practices to restore the soil's capacity to draw down and re-sequester excess carbon from the atmosphere and store it in the soil. And we must learn to use that excess carbon dioxide (CO2) by passing it over a carbon and copper catalyst that is energized with a small electrical jolt to produce a form of ethanol found in beers, wines and spirits (CH3CH20H). Then use that as a fuel to fuel electric generators to run our homes and cars with. Our artificial living rests on (IOUs) paper promissory notes being ones or multiples thereof like any other production in the system that depends on whether "effective demand" exists, which in turn is presently a function of a belief, that is misrepresented as confidence on the other party that is requiring to suffix the risk, and the trick to read confidence in the system. So which will you miss the most: higher taxes, rising costs, poorly written unaffordable care act, more off shoring of jobs, more collusion in Washington, pay to play, etc? When all is said and done for this artificial lifestyle to continue, somebody has to hold (own) the debt. Debt that can not be paid with more IOU's, for there is no real money in circulation. To get this all started, learn to create your own thin air credit, loan it to yourself, and make the payments to yourself, so that the first payment makes the second payment, and the second payment makes the third payment, and so on. |
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The biggest problem for the global economy in 2019 and on, will be massive business failures that will lead to bank failures. Most of the western countries are relying on foreign capital to maintain elevated living standards.
Easy credit has acted as a tsunami, lifting up both the demand and the supply side of the global economy to higher levels then would be without easy credit. On the demand side, it encouraged consumers to taking on more debt. On the supply side, it encouraged corporations and entrepreneurs to pursue low profit businesses opportunities. All of this is now a negative. Simply put, easy money placed the global economy into a cycle of higher debt growth by using debt instead of organic growth. More consumer debt spending fueled more consumer debt. More corporate debt fueled more corporate spending, especially on stock buy backs. Both fed into higher debt growth, which has done little to boost income and employment in the Main Street economy, but it has boosted government spending. Meanwhile, higher debt helped expand the debt capacity of the economy. This increased debt capacity allowed central bankers to continue with their free credit turned into IOU's policy. That was music to financial markets, which thrive on easy thin air credit. In recent months, however, things have changed. All of a sudden we have to many IOU's out there. To stop this out of control IOU creation from thin air credit, banks are forced to raise interest rates to find buyers for all of this debt that they do not want to hold. Thus the tsunami of free credit is receding. And that will push the demand and the supply side of the economy to lower levels. But the powers that be could start a war, which is what I feel is about to happen. On the demand side, the end of free money will make it difficult for consumers to take on more debt. On the supply side, it could push low-profit business off the financial cliff. Simply put, the end of free money is setting the global economy into a vicious cycle of slower growth. Less spending will fuel waves of individual and business failures. Compounding the problem this time around is the rise of anti-globalization ideologies around the world, which add to pessimism for the state of the global economy in 2019. Investors have begun to sense what’s coming, selling shares of economy-sensitive companies lower. So what to do = Create your own simple, livable system, of greater self sufficiency, create your own income to live on, operate 100% on cash. Learn how and why governments and businesses push you into debt, to get themselves out of debt, how we have been brainwashed to give our wealth to the money companies. This has to start with creating your own thin air credit just like banks do, lend it to yourself, so the payments are made to yourself, so the first payment makes the second payment, and the second payment makes the third payment and so on. Learn to be truly independent, you need to owe no money to anyone else but yourself. The trick from here on out is going to be to know the secret of downward mobility to live a higher quality life on lower outside income, thus paying fewer taxes. It all comes down to, how to take the exit ramp from the fast lane of life, years before the bankrupt Joneses have to. For that is where we are headed. Debt can not be the biggest part of GDP forever. One can not borrow yourself out of debt. You can keep trying though. The only realistic way for the average American or whatever else you are, to achieve true financial independence, is to be debt free. All other so called systems are just ways to get you into debt, while playing funny money numbers game that makes it look like you're building equity. Ask yourself, how did we get into a situation where we only have $2.7T in circulation to pay off a debt with that is now over $80T in the USA alone. Is it fair for a financial institution to give you a $100,000 loan that only costs them $5,000. Why is it that most methods to achieve financial independence involve using the famous OPM = other people's credit money so called. What the pushers of these methods gloss over is that other people expect to be paid back, with INTEREST. Right now the holders of all of this debt see a higher risk, thus demand a higher interest rate for taking that risk. What really gets me is that reporters and financial people are saying that the Fed is raising rates, when in reality they are increasing the rate of interest the Fed is paying Fed member banks to hold their money at the Fed. The Fed is seeing increased risk, thus wants more money parked at the Fed from its member banks to reduce that risk. It is that increase the Fed pays to member banks for their deposits that determines the interest rates. We are going to see 15%+ interest rates some time within the next 10 years. Also the US$ will loose it reserve status and be worth less then half of what it is in the next 10 years. England used to have its currency as the reserve currency, and England is still here today, and so will the USA after it will have lost the reserve currency status of its currency. Life goes on, it will just be different. |
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As I see it, the living off of derivatised (derivative) debt is coming to an end.
For 2019 I see the GDP numbers falling as the leverage in the economy gets deleveraged, which is exactly what Powell wants to achieve with his interest rates increases. Powell believes he can deflate the risk in asset prices by lowering them much like Volcker did when he headed the Fed. So far that is working. Powell like Volcker wants the money to flow into manufacturing instead of increased government spending. I agree with that. But it is easier said then done. Powell like Volcker did, sees the stock market as a poor allocator of money. I agree. Real companies can't get any money while unreal companies have a PE ratio in the hundreds. It makes no sense. Why should most of the money go into FAANG stocks. Most of the time the market is forward looking. Right now it sees lower asset prices, a falling main street economy, slower overseas growth and a possibility of an extended trade war and higher interest rates. I feel we will be at least 20% lower before 2020. Then I see a rebound going into the re-election of Trump. Trump is blaming the Fed for hurting the economy with higher rates, and he hopes the Fed will pause going forward. To me, all of the President’s Tweets suggest that if and when the Fed pauses, he will maintain his tweeting with “I told you so” Tweets. The interest rate inversion is already causing lending to be less desirable. This inversion is causing banks to be less risk tolerant. The inversion is already signaling a less favorable and more uncertain economic outlook. The banks will simply go long Treasuries like they have in the past, because Treasuries offer a more attractive risk reward opportunity. This in turn creates recessionary conditions in the main street economy for less money will be flowing into the main street economy. President Trump’s policies to create a fiscal stimulus with an easing of banking standards will only prolong the debt cycle. President Trump triggered an extension of the debt cycle with his tax cuts and additional spending. I can't blame him for doing so, but I have a feeling it will back fire on him soon. The recent mass exodus from leveraged debt and general risk off sentiment are clear signals of the aggressive credit tightening by the banks. They have basically unloaded that debt to the general public via loan guarantees that will backfire on them. Banks are supposed to be in the loan holding business, not selling them as bundled debt that can and are being shorted, and that is what they are doing to off set risks to them. It will backfire on them, because this is the very thing that will freeze up the financial system. Positive US interest rate differential will again like in the past weaken the global economy, as the money in the global economy is sucked into US Treasuries for more waste-full military industrial complex spending. Too achieve that waste-full increased spending we will most likely get a shooting war, be it in Ukraine with Russia or Israel with Syria or somewhere else in 2019. I feel Kushner will be the news man of the year in 2019. Kushner is using his White House position to make money for himself and his father in law. After all both have money ties to Saudi Arabia that is tainting US policy. To me, Estrogen just blackmailed Trump over the Kashoggi killing as (I see it) he has proof that Kushner was involved. Estrogen also has proof that the ISIS is the creation and funding of the CIA in the US, Israel and Saudi Arabia. I have a feeling that Kushner, Ivanka and Trump Jr will all be indicted in Mueller's investigation in 2019. However I do agree with Kushner that the American public is already so cynical about big money's takeover of this country that his own financial conflicts are chicken feed compared to what is going on. Mattis got caned because he was the author of the Times piece on Trump's inability to be a president. I expect to see another financial freeze up like we had in 2008, and another tax payer bail out for institutions holding bundled corporate debt gone bad in 2019. I wish you all a prosperous and happy new year. Learn to create credit out of thin air just like banks do, and lend it to yourself so the payments are made to yourself. That way the fist payment makes the second payment, and the second payment makes the third and so on. Enrich yourself, not the banksters that own the representatives that spend us into bankruptcy. |
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Topic:
No one here is real
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Richie Rich, agree with you 100%. Being retired & having plenty of time on my hands I delight in screwing w/the scammer & wasting their time. Photos of breast, nudes, can't write properly, photo doesn't match description love their emails & let the fun begin! In the dairy business the udder is the business end. Here the photos of breasts are the business end. This is a commercial site for the purpose of doing business. That is how the system works. Took me a while to figure that out. In case I am saying something wrong please remove this post. But before you do, look at who viewed me and tell me what you see. Maybe I am blind, but what I see is mostly breasts. |
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(Hypothecation = Hypothecating)
I am going to try to explain something with the hope of not getting into trouble with the bankers unwritten law. Hypothecation = to pledge security without delivery of title or possession. It is a practice used in banking today where one pledges collateral to secure a debt as a condition precedent to the debt to serve as a third party collateral pledge for the debtor. I am going to use what happened in 2008 as an example = All of the big banks mostly used Lehman Brothers (and 1000's of other banks) to dump most of their home mortgages in return for payments. AIG was the insurer that insured the value of those mortgages or in other words the payment stream. The big banks pledged collateral to Lehman that enabled Lehman to buy the bundled mortgages. So what went wrong? = The big banks pledged collateral was a hypothecated con, AIG went bust in their attempt to make the payment stream good, and Lehman Brothers stopped making the payments to the big banks (because it was out of money) that sold them the bundled mortgages for pennies on the dollar. The big banks did not expect this to happen this way, but it did. They lost the payment stream income from those mortgages and had to write down the value of these mortgages that they didn't even own and now have to buy back. That was not good for their balance sheets. So to save their sorry ***, they got Paulson to beg for a Tarp bailout from the taxpayers via the elected representatives. And the rest is history about to be repeated soon. Now it is 2018 or 10 years later. The very same thing is about to happen again, but this time it is with bundled corporate debt instead of home mortgages and with different players. To me Deutsche Bank is to be the fall bank like Lehman Brothers was in 2008. There is a number of big insurance companies that will go under soon much like AIG did in 2008. But this time there are much bigger players involved. The main two to me, is the USA and Germany and on the sidelines are China and Russia. Then there is Trump with his involvement with Deutsche Bank. The common people need to learn how to use hypothecation to turn thin air credit that one can create out of thin air just like banks do, but lend it to yourself so the payments are made to yourself, thus the first payment makes the second payment and so on. That is how to fix what is broken. This post is a shortened version of what is coming. |
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Nature credits what man debits. It always will until it can't. Debt is an obligation laid upon the future by the past. The larger it gets, the harder it is for the future to happen. There is a correlation between extreme levels of public debt and low economic growth. Nature unlike bankers credits interest free what man debits.
There is a reason why the money that the FED, which is a bank by itself, just like the banks that own it, is not finding its way into the main street economy. It is because the main street economy is too indebted to debt to take on more debt. That is the reason why the velocity of money, the money multiplier and cash monetary base keeps falling at the same time credit out of thin air loaned out as IOU's, the IOU debt monetary base keeps growing. This will not stop until nobody wants to hold the debt anymore. It almost happened twice this year 2018, and Mnuchin was successful in containing it both times. We are in for an interesting 2019, for the debt jubilee will determine what 2019 will bring. In the mean time might as well yodel-a-ee yodel-o-u-dee while the Chinese are increasing their vertical growing operations where they have succeeded in growing 14 lbs of produce per 9 square feet. Talk about nature crediting what man debits. |
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