Let me repeat that again for the hard of thinking: The federal government now reserves the right to openly lie about their financial reports, so long as the bottom line number is correct.
Pay attention over the next year and a half and you’re going to see MMT become a main stream talking point.
Just about everything you see any more is nothing but lies. I’ve been exposing them for 25 years. I’m tired of them. You should be too.
So here's the real question: If the dollar is going to go down, what will replace it?
You can call the eurozone dumpster fire many things, but you can't call it boring. It seems that this battle between the populists and the banksters is just beginning to heat up.
We are NOT fine folks. They’re white washing everything, trying their best to keep the imminent implosion from happening. Things aren’t fine when everyone’s screaming that we need lower interest rates and they’re at 2% now.
We know that the world is slowing. We know that everything from the ISM’s, to PMI’s , to large truck sales, to rail shipping to you name it, is fading.
One important lesson investors can learn from the market action over the past decade is that the government plays a very important role.
It was and always will be about the health of the middle class. That folks, is who creates jobs.
The bottom line is that we are in some form of end game here and some form of reset is coming.
...don’t think badly of yourself if you find it harder and harder. The insanity is reaching levels unexpected.
...like the bogus employment reports, they twist the numbers and tart them up so much their own mother wouldn’t recognize them.
I feel the economic fallout is however going to be bigger than most expect for China especially. When you start shutting in 50 to 100 million folks, that disrupts a lot of supply chains.
Trump has mentioned in his books many times, if someone screws you, screw them back 10X harder. He’s been screwed over from day one by virtually every democrat and especially the Main Stream media. I have a feeling he wants revenge and he’s going to take out what he can, ahead of November.
In short, when China really starts buying, it’s not going to be able to disguise it any longer. And that could cause a run on gold like the world has never seen before.
Fed money does NOT kill corona virus. Fed money does NOT make people go shopping. So the Fed’s know this, and they wonder “do we shoot our ammunition at this thing, knowing it won’t do jack squat??” I think their answer is no.
Be careful out there friends. The volatility has been wicked. Don’t let it whipsaw you to death. Sometimes the best play is no play. Good luck.
So yes, we are on a ride right now. And it is a wild ride that is about to get even wilder. But let's maintain our perspective about what this ride is and what it's about.
I know that’s not what the Administration is telling you. I know there’s a ton of people saying that this is just the flu, and the flu kills 60 – 100K people every year, don’t fret this. I’ve heard both sides of the argument. Obviously this is my opinion only, but my take is that this is going to get ugly.
it is OK to unplug from this stream of information when you feel it necessary. In fact, maybe it will be necessary to do so to maintain your sanity and your perception of the world during this chaotic period.