The Coronacrisis hit unexpectedly, but the economic damage could be predicted because of the flaws in our financial system. Economic predictions and commentary here have, for years, faithfully pointed out the fatal flaws the Fed set up during its Great Recovery from the Great Recession. Accuracy is why numerous readers have offered and maintained their financial support. Beware that I’m an equal-opportunity critic toward Republicans and Democrats because both parties are packed with the pocket politicians of the bailout banksters who broke our world. Prevailing windbag economists are no better. They didn’t see the Great Recession coming or the depression that would develop from the Coronacrisis shutdown. You can use the RSS feed below to be notified when new articles are posted. –David Haggith
This article was contributed by Tom Beck of Portfolio Wealth Global. Many may COMPLETELY HATE today’s content, but that’s because it’s BREAKTHROUGH NOTES about how the world’s best investors have missed out on the world’s most profitable companies of the PAST TWO DECADES. Since they sound very bearish and are warning about a bubble, they’ve become popular, but are they WRONG, nonetheless? Technology is advancing SO QUICKLY that value investing as the art of buying companies trading at reasonable multiples of CURRENT EARNINGS is mostly a thing of the past. Today, the name of the game is DEEP THOUGHT into the future. The generation of Warren Buffett obsessed about competitive advantages, which can ENDURE FOR DECADES, but today’s new companies can disrupt existing ways of delivering a product or servicing a customer in a matter of years, not decades. In 20 years, Amazon killed retail shopping. Netflix did away with video and I can give you COUNTLESS OTHER examples. Changes are rapid and YOU MUST realize that there’s a NEW WAY of looking at companies, which is much more profitable than being TRAPPED INTO “VALUE.” Courtesy: Zerohedge.com As you can see, the algorithms aren’t ALL-IN and there are trillions in cash around the world. The reason stocks are moving up is because businesses, using A.I., robotics and technologies, IN GENERAL, are creating so much wealth that the world is advancing SUPER-FAST. The thing is that it’s really CONFUSING to traditional investors, since they’ve never encountered, IN THEIR CAREERS, so much revolutionary progress in one generation. For example, I tried to watch a movie from the 1990’s yesterday and had to stop it AFTER FIVE MINUTES. It’s almost like you’re viewing a movie that has NO CREDIBILITY, since so much has happened in 30 years that the movie looks like it was made by first-graders. If you’re sitting IN CASH MOSTLY, scared to the bone about the national debt, the outrageous social division and all of the other “problems” the human race is attempting to surmount, you’ll MISS OUT on millions of dollars in the next few years. We’re in the most technologically-advanced times the human race has ever seen! Courtesy: Zerohedge.com Yes, the retail investors are GOING TO GET CREAMED, but there’s a trend beneath their crazy behavior; the UNDERLYING EVENT is a technological BREAKTHROUGH AGE! Don’t wait. Get into the game of understanding TECH INNOVATION; millions will be made. President Trump is Breaking Down the Neck of the Federal Reserve! He wants zero rates and QE4! You must prepare for the financial reset We are running out of time Download the Ultimate Reset Guide Now!
Mac SlavoSeptember 16th, 2020SHTFplan.com The central bank of the United States, the same one that creates dollars out of thin air, is “fighting the last battle.” Things are going to get a lot worse, and it’s all by design. The goal is a full control centralized dollar and dependence on the system for a universal basic income. In other words, complete slavery is the ultimate final goal of the New World Order. The central banks are in control right now, the dollar is collapsing, and this is all being done on purpose. The Fed won’t be changing anything dramatically with regards to their monetary policy, and if you already know what the end game is, you know this. The “last battle” they are fighting now is for ultimate control over every single transaction of all human beings. Interest rates will be allowed to drop even further and the dollar will be destroyed all while Americans continue to struggle to put food on the table and the corporations get ridiculously wealthy. Last night, Greg Mannarino uploaded his “Market Wrap Up” and tried to remind those listening of what is really going on. “They are on a mission to own it all,” says Mannarino of the Fed’s ultimate plans. “They’re gonna buy more debt, they’re gonna issue more debt, and they’re gonna melt the dollar…nothing is gonna change here. The goal of these central banks is to inflate massively. Debts and deficits are going to balloon.” Mannarino continued, saying: “It’s pretty obvious and it should be to anyone that things are going to get monumentally worse by design...it’s all a scam. This entire thing is a charade, it’s fake.” The United States alone has Great Depression levels of unemployment, half (or more) of small businesses are gone for good, never to return, meanwhile, Wall Street executives are ettin the biggest bonuses in history this year. Let that sink in. There is no recovery. There was never meant to be. President Trump is Breaking Down the Neck of the Federal Reserve! He wants zero rates and QE4! You must prepare for the financial reset We are running out of time Download the Ultimate Reset Guide Now! Author: Mac SlavoViews:Date: September 16th, 2020Website: www.SHTFplan.com Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats. SHTFPLAN is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.
I rarely mention anytime I’ve been interviewed. However, I was reviewing a casual conversation I just finished with one of my readers, Bob Unger, and I thought Bob’s questions led to a well-rounded expression of how, over the past two years, our economy got to the collapse we are in now, how predictable the Federal Reserve’s policy changes and failures were, why economic recovery has stalled, and why the stock market was certain to crash twice this year, including why the second crash would likely hit around September. I’ve found Bob’s interviews with others interesting, so I recommend checking out his YouTube page. I had no idea where the interview below would go, but it wound up encapsulating my main themes for the past two years: [embedded content] (Other interviews I’ve done are linked in the right side bar where I usually just let people stumble onto them on their own.) Liked it? Take a second to support David Haggith on Patreon! Help a site with valuable information by sharing this article: September 8, 2020 @ 10:58 am