The Economy Is Finished, The Reset, Nothing With Be The Same, Stagflation, Business Confidence Falls
So it's getting hard to describe the direction the US economy is heading because it no longer seems to be self-directed. A lot of agreements have been made with major corporations regarding the current economic system and they have pledged their efforts to convert the world. I know there's a lot of people who have never heard of this because they've done a great job keeping this under wraps but We can't talk about the economy without mentioning the largest economic reset the world has ever seen and the powers that be have determined to accomplish their plan. Unfortunately, most people don't understand who they are and are being wooed by the promise of an equal system. If I didn't know any better this would seem like a scandalous meeting of very powerful people that is deciding the fate of the World and of the United States. The thing is, the conversation about the shape of the recovery was premature, and considering we have never returned to pre-crisis levels so what we have seen should be considered the Fed manipulating markets. They have pushed equity prices higher but in the end, the economic activity is subdued and they are in the process of radically transforming the entire global economy to a centralized system outside of our societal norms. ... https://www.youtube.com/watch?v=hE_Io1iPZ40
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This has been the best year for the global billionaire class. Over the past 12 months, US household net worth has increased by:
Q2 2020: $7.92TN
Q3 2020: $4.26TN
Q4 2020: $7.9TN
Q1 2021: $5.1TN
Q2 2021: $5.85TN
... a grand total of $31 trillion. And since the bulk of this wealth goes to a fraction of the wealthiest 1%, it means that this economic crisis has been the biggest wealth transfer in history, making America's richest even richer.
Looking at the composition of the wealth change, $3.54 trillion came from a gain in stocks, $1.2 trillion was from an increase in real estate values - the biggest quarterly increase in housing values on record - and another $1.1 trillion coming from "other sources."
We also need to talk about CBDC's or central bank digital currency. Included in the Digital Asset Bill, amendments to the Federal Reserve Act and the definition of legal tender are proposed. These amendments drastically expand the powers of the Federal Reserve, and change how money is created and distributed in the US.
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https://www.youtube.com/watch?v=jc2V3EOmNoc
Another dead mall walking here. I took a trip to Penn State Nittany Mall which houses one of the Macy's stores that are set to close in 2020. Judging by the empty store at the "store closing everything must go" sale can't even get customers into the mall. This actually isn't the only store that is closing in the Nittany Mall, in fact, Express happened to be having a store closing sale as well. It's stunning the number of vacancies in this dead mall walking. With Macy's store closure, this mall is down to one last anchor store. They have even turned to brick up the old entrances at the Nittany mall in Penn State.
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https://www.youtube.com/watch?v=z-dQ95hSfPc
The Gov Scrambles to expand FDIC insurance to all deposits... there's just one problem, they can't cover a bad day let alone a financial crisis, Sorry, I have had a hard time posting just finding a place day to day since being put on the street, I would like to make it to my vehicle at this point which is a thousand miles from here. I no longer get my adsense but I'm living out of hotels so I welcome any support to get myself to a place or to my truck to stop bleeding money living day to day until I can devise a better plan, the best way to help today is Cashapp http://cash.app/$silverreport here is the cashtag $silverreport thank you for all you've done,
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following a Bloomberg weekend report that US mid-sized banks demanded a two-year total deposit insurance scheme from the FDIC, and warned if it doesn't arrive, there may lots more shotgun weddings (or shotguns), moments ago Bloomberg reported that "US officials are studying ways they might temporarily expand Federal Deposit Insurance Corp. coverage to all deposits, a move sought by a coalition of banks arguing that it’s needed to head off a potential financial crisis."
The BBG report explains that "Treasury Department staff are reviewing whether federal regulators have enough emergency authority to temporarily insure deposits greater than the current $250,000 cap on most accounts" without formal consent from a deeply divided Congress, and goes on to note that "authorities don’t yet view such a move as necessary, especially after regulators took steps this month to help banks keep up with any demands for withdrawals" which is an important caveat, and is the same one that hawks are using to justify why a Fed pause would be self-defeating ("why is the Fed blowing up their last bit of inflation-fighting credibility; what do they know that we don't): the same question can be applied to the Treasury: "what does the Treasury know that we don't."
Most likely nothing - after all bank crises are non-linear, but as Bloomberg notes, "still, they are developing a strategy out of due diligence in case the situation worsens."
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https://www.youtube.com/watch?v=LMwjS0XUHyg
Economic collapse news December 9 2019.
First we look at the feds recent not a QE program that is actually tied for the largest ever Quantitative easing operation. The problem this time they are attempting to convince us the economy is sound and theirs nothing to fear. We also break down the latest news on trade and the economy.
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https://www.youtube.com/watch?v=MYFMVjOKYbw
To My Numerous Haters And Enemies Without A Cause And Anyone Suffering From Psychological Oppression. I've wanted to share this secret f-found for so long and I have in numerous ways but never here. I wanted you all to hear it from me. I am not weakened by you, I'm nothing like the words you say, which are empty. I'm not negatively affected or distraught. I only get stronger the more my "enemies without a cause" seek my destruction. For those who are also suffering at the hands of destructive and insecure people's lack of personal achievement bleeding out as a need to slander and diminish others, you must not be destroyed by them. Simply standing up and taking the first step toward your destiny is more than most of these people will ever do. money cannot but determination, faith, discipline, it must come from within and that's the very reason they seek your ruin. If they were worth being the victim of they would be busy striving toward greatness and not playing whisper politics hoping to kick you off the island. Plant your feet and let them know they will need to bring much more than they posses to take you from your path.
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https://www.youtube.com/watch?v=L14ES9_TO78
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https://www.youtube.com/watch?v=_cUVv5Q6aIA
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Food is a major issue for everyone seeing how it's essential for life. The UN recently came out explaining the faults of our food supply system are it's being private. They suggested the only way to fix these issues is for a more centralized approach to the global food supply, this means they will control all food on earth under the stated intention of stopping hunger. My greatest concern is most of their projects fail and when it comes to food it could have major social implications moving forward. All of this conversation makes me suspicious about the entire story about why the shelves are empty.
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https://www.youtube.com/watch?v=hA8CrmcLHqY