Note to reader: As the global force majeure approaches later in the decade, we will see the continued acceleration of nation-state deficit spending. Although much of this extra spending and borrowing will be devoted to the military, the acquisition of assets, and procurement of strategic resources, the reasons given by the governments will be flimsy.
The global powers all know war is coming and they need to prepare accordingly. The heads of state already reckon that much of this debt will be expunged anyway post-force majeure. Inflation will continue to persist out until this event and will financially ruin the lives of most on the planet.
China Central Government Is Borrowing at Fastest Pace on Record
•Government is selling bonds to finance spending, spur growth
•That should help ease debt burden of local governments
Bloomberg: March 27, 2023
(Bloomberg) — China’s central government is borrowing at the fastest pace on record to finance more spending and to ease the debt burden in provinces.
The amount of sovereign bonds sold this quarter, excluding those maturing, reached 277 billion yuan ($40 billion), the highest level for the same period since 1997, when the official ChinaBond website started releasing the data, Bloomberg calculations show.
The gross issuance of the notes in the first three months soared 35% from a year earlier to 2.1 trillion yuan.
In China’s 2023 budget — released earlier this month at the National People’s Congress — Beijing outlined plans to increase the central government’s borrowing by roughly 20% from last year to help finance a slightly bigger fiscal deficit and help provinces deal with increasing financial stress. It also plans to expand investment in infrastructure upgrades such as improving the drainage system in cities.
The budget was already in deficit in the first two months of the year for the first time since 2020. Official spending rose to meet debt repayments, health care and other needs, while income continued to shrink as land sales revenue slumped amid a weak property market.
Policymakers have signaled they will rely on a post-Covid rebound in consumption to fuel growth, which they’ve targeted to reach around 5% for this year.
This year’s quota for new special local government bonds — used mainly to finance infrastructure investment — was set at a lower level than the actual issuance in 2022 to contain debt risks. Provinces have been front-loading the sales so that infrastructure projects could start early, thereby helping to spur growth and job creation.
Analysts including those from Goldman Sachs Group Inc. expect fiscal policy to remain accommodative in the first half of the year and normalize gradually in the remainder of 2023.
Link to original article:
©2023 Bloomberg L.P.
Oil Surge Sends US Equity Futures Down, Yields Up: Markets Wrap
(Bloomberg) — US equity futures slipped and the dollar climbed with Treasury yields as the surprise production cut from OPEC+ sent oil prices about 6% higher.
The group’s decision to reduce output by more than 1 million barrels a day is a jolt to markets that had been looking to a near-term peak in inflationary pressure. The group had previously given assurances that it would hold supply steady.
The dollar strengthened against most Group-of-10 currencies. The Norwegian krone gained as the Scandinavian country stands to benefit from higher energy prices.
The policy-sensitive two-year Treasury yield jumped six basis points to 4.09%. Treasuries had ended a quarter of wild swings on Friday with yields falling as investors wagered that interest-rate cuts were on the horizon.
Contracts for the S&P 500 fell 0.2% on Monday and those for the Nasdaq 100 declined 0.6% as positive sentiment from Friday ebbed. The S&P 500 had jumped 3.5% last week, the most since November, while the tech-heavy Nasdaq 100 notched its biggest quarterly gain since June 2020.
“For equity investors, this could be a rude awakening, as markets imply a Goldilocks outlook of reduced discount rates but no recession,” said Ronald Temple, chief market strategist at Lazard Ltd. in New York. “The OPEC+ production cut is another reminder that the inflation genie is not back in the bottle.”
Still, shares opened higher in Japan and Australia, with Asian energy stocks advancing. Semiconductor stocks, however, slid after Beijing launched a security review of imports from Micron Technology Inc.
The bumpy open to Monday trading and fears of rising prices contrasts with the upbeat tone last week that came with turmoil in the banking sector receding and cooling in a key measure of US inflation.
Excluding food and energy, the Federal Reserve’s preferred inflation gauge — the personal consumption expenditures price index — rose 0.3% in February, slightly below the median estimate. That suggested the Fed may be close to ending its rate-hiking campaign. The PCE price index was up 5% from a year earlier, a deceleration from January but far higher than the Fed’s 2% goal.
The OPEC+ cut combines with increased energy demand from China to raise the danger of more persistent inflation, said Lazard’s Temple. “It also likely limits the latitude central banks might have to relax monetary policy even if the economy slows,” he added.
“We’re now probably about to enter a very short-term down leg again,” Paul Gambles, MBMG Group co-founder and managing partner, said on Bloomberg Television. “We’ve had a year of pretty irresponsible policy guides and all the damage that they’ve done is now starting to show up.”
Deposits at commercial banks; What looks like tragedy,
https://knowyouradversary.com/wp-content/uploads/2023/04/Deposits-one.png
Is a blip on the longer term trend screen and an excuse for the Fed to effectively unwind QT through the back door.
https://knowyouradversary.com/wp-content/uploads/2023/04/Deposits-five.png
Only now are banks aggressively marketing customers for deposits. My Truist officer called me on Friday saying she had a 4.1% nine-mo. CD rate available and a money market fund yielding 4%. That is quite a change from last November when yields were about 1.0-1.5%.
Just found this article. The content is nothing much new for us and first time I’m hearing of this writer. I can’t disagree with his thoughts on this matter.
https://leohohmann.com/2023/03/27/the-one-world-beast-system-is-roaring-into-reality-but-is-anyone-listening/
And this from the same writer sounds like a doozy. I can’t vouch for the accuracy but none of it surprises me considering how our political circus is run. Perhaps this is China preparing for war under the guise of corporate business?
https://leohohmann.com/2023/03/24/michigan-governor-hands-her-state-over-to-chinese-communists-battery-maker-pledges-in-bylaws-to-further-objectives-of-chinese-communist-party/
We shouldn’t pay attention to those who criticize us, yet don’t know what we know.
AJ, Adams, Peters, and Rense listeners are fussing and raging against the machine. We are much further along the process.
Ecclesiastes 1:18 KJV
For in much wisdom is much grief: and he that increaseth knowledge increaseth sorrow.
The same goes for Armstrong. He’s worse than a waste of time. Anybody who can lose $600 million in trading over 20 years ago, then cover it up cannot be trusted to be accurate… and cannot be trusted at all.
$600 mil..where did you ever hear anything like that?
Wikipedia
https://en.m.wikipedia.org/wiki/Martin_A._Armstrong
Criminal conviction
In 1999, Japanese fraud investigators accused Armstrong of collecting money from Japanese investors, improperly commingling these funds with funds from other investors, and using the fresh money to cover losses he had incurred while trading.[13] United States prosecutors called it a three-billion-dollar Ponzi scheme.[14] Allegedly assisting Armstrong in his scheme was the Republic New York Corporation, which produced false account statements to reassure Armstrong’s investors. In 2001, the bank agreed to pay US$606 million as restitution for its part in the scandal.[14]
Armstrong was indicted in 1999 and ordered by Judge Richard Owen to turn over fifteen million dollars in gold bars and antiquities bought with the fund’s money; the list included bronze helmets and a bust of Julius Caesar.[15][16] Armstrong produced some of the items but claimed the others were not in his possession; this led to several contempt of court charges brought by the SEC and the CFTC, for which he served seven years in jail until he reached a plea bargain with federal prosecutors.[17][18][19] Under the terms of the agreement, Armstrong admitted to deceiving corporate investors and improperly commingling client funds—actions that according to prosecutors resulted in commodities losses of more than seven hundred million dollars—and was sentenced to five years in prison.[20][15]
He was released from federal custody on 2 September 2011 after serving a total of eleven years behind bars.[21][22]
The case against Armstrong was finally closed in 2017, with the distribution of about $80 million to claim holders by the receiver, according to court filings.[23] Armstrong appealed the refusal of the receiver to transport his remaining possessions from storage lockers in New York and Pennsylvania to him in Florida, but the appeal failed in 2019. Concerning his felony conviction, Armstrong is “unrepentant”, according to Bloomberg.[1]
Armstrong is a charlatan. He peddles a bunch of garbage. You even said his WEC conference you attended was a waste of time. His big bang was a big bust. He’s another pro-Russian shill. I guess because the US government caught him cheating investors.
Check this out;
https://www.bbc.co.uk/news/world-europe-65146557
Moscow’s ambassador to the UN, Vasily Nebenzia, told the Russian Tass news agency that he planned to oversee several debates, including one on arms control.
He said he would discuss a “new world order” that, he said, was coming to “replace the unipolar one”.
Interesting. Thanks. Notice that all the powers want a new world order. To the unwashed it sounds magnanimous and paradigm shifting. To us it means something completely different.
Dark times lie ahead for the world. I am waiting for a world leader to just say he is looking out for his own country. All the global leaders seem obsessed with global ordering.
China and Russia are evidently both controlled by the same forces that control the Western powers. Whoever owns the central bank of a country owns the country.
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The $300,000 starter home is going extinct: ‘A renter society not because of choice but because of force’
Housing economist Ali Wolf is worried by a growing “imbalance between the haves and have-nots in the economy.”
https://fortune.com/2023/03/31/housing-market-starter-home-is-going-extinct-a-renter-society/amp/
Let’s rewind back to the Pandemic Housing Boom, what now feels like a short-lived period of low mortgage rates and a dwindling age of remote work that combined to fuel housing demand. That pushed housing prices up—on a national level, up a whopping 41% during the Pandemic Housing Boom. Fast-forward to the present day and mortgage rates are up and prices still are, too, so what does that mean for housing affordability? It means bad, bad things.
Housing data and consultancy firm Zonda tracks the entire building lifecycle, beginning with what’s happening with raw land, into how that land is developed, and then what the homes sell for. This includes new home projects across the country and the percentage of those projects under $300,000. In comparing data from February 2019 and Feburary 2023, Zonda found that the share of projects under $300,000 declining all across the country.
Continues….
The problem with the economist being interviewed in this article is that he cannot wrap his mind around the fact that all of this was and is intentional.
As an economist who knows the conspiracy for a global socialist dictatorship, I’m well versed in the objectives of the new world order.
To wit, I laid out to my readers in a simple line-by-line discussion how the engineers of this monetary system used the manufactured crisis of covid to develop the Black-Horse financial architecture and allowed it to emerge. I begged all who would listen to purchase the income generating assets as this would separate us from the rest of the less fortunate souls.
Concomitantly, these same engineers employed their mRNA bio weapon injections to allow the Pale Horse to emerge as well.
The problem with most people today is that they cannot wrap their minds around something so horrible and tragic as what I describe. Moreover, my studies of the Bible indicate to me that there will be no collapse in the traditional sense, but rather an ongoing manufactured collapse that will force the vast sea of humanity to accept the ultimate solution, a subdermal mark.
As an economist and expert in these matters, I warn the readers to plan accordingly to at least get us through the next several years.
By the way, the Great Reset IS the Apocalypse.
There will be no rapture beforehand.
Revelation 11:13 KJV
And the same hour was there a great earthquake, and the tenth part of the city fell, and in the earthquake were slain of men seven thousand: and THE REMNANT were affrighted, and gave glory to the God of heaven.
It’s the time of Jacob’s trouble and Ezekiel’s great war.
It is difficult in this times to relate to invisible things, but we should have faith, as faith itself is so uplifting and connecting to anything we humans do not understand about many things that are in God’s hands, God has plan and the means to make those plans real, and those plans, and their understandings are completely out of our reach for us.
Isaiah 46:3-11
———————————–
“Listen to me, you descendants of Jacob,
all the remnant of the people of Israel,
you whom I have upheld since your birth,
and have carried since you were born.
Even to your old age and gray hairs
I am he, I am he who will sustain you.
I have made you and I will carry you;
I will sustain you and I will rescue you.
“With whom will you compare me or count me equal?
To whom will you liken me that we may be compared?
Some pour out gold from their bags
and weigh out silver on the scales;
they hire a goldsmith to make it into a god,
and they bow down and worship it.
They lift it to their shoulders and carry it;
they set it up in its place, and there it stands.
From that spot it cannot move.
Even though someone cries out to it, it cannot answer;
it cannot save them from their troubles.
“Remember this, keep it in mind,
take it to heart, you rebels.
Remember the former things, those of long ago;
I am God, and there is no other;
I am God, and there is none like me.
I make known the end from the beginning,
from ancient times, what is still to come.
I say, ‘My purpose will stand,
and I will do all that I please.’
From the east I summon a bird of prey;
from a far-off land, a man to fulfill my purpose.
What I have said, that I will bring about;
what I have planned, that I will do.
Excellent!
Read Jeremiah 30, too. Jeremiah lived long after the Northern kingdom was taken into captivity. So, where were Jacob’s descendants? Where are they?
Look for the people who will be humiliated in the final persecution and their nations destroyed in this final war. That’s another clue…. Only a deceived fool says otherwise.
I think the better way to see if which nation(s) have been shielded from war the past 100 years? Instead – we’ve been subject through a different type of war, which is the enemy planting weeds (Matthew 13:25). If the enemy simply wanted to destroy us through war – that could had been easily arranged already. But instead the enemy is planting weeds. I believe the battle is spiritual – not flesh. It’s not enough the enemy destroys the flesh. It wants to drag the believer in Lord Jesus Christ down to hell – through the planting of weeds over time; and harvest time will be the mark of the beast when I believe many that profess to be Christians will be deceived to take the mark; just like they were with Trump and covid.
The Ezekiel’s war will be the result of an evil thought and a secret conspiracy between several nations who go against their boss’s words.
What is supposed to be a “fake” war to scare the people turns into a terribly real one that requires divine intervention.
#112 leaving the hospital tomorrow.
Pope Francis to leave hospital Saturday after recovering from bronchitis
The pope is scheduled to be in St. Peter’s Square for Palm Sunday.
https://abcnews.go.com/International/pope-francis-leave-hospital-saturday-after-recovering-bronchitis/story?id=98264492
I look forward to his Palm Sunday and Easter mass homilies. The Pope is a top-notch orator and he expertly cuts down the church with his fine ability to damn it while simultaneously offering faint praise
Pretty much a wash for the prior week.
Fed Balance Sheet
Released On 3/30/2023 4:30:00 PM For wk 3/29/2023
Level prior $8.734 T, actual $8.706 T
Total Assets – W/w $-27.845 B
Reserve Bank Credit – W/W +$38.058 B
Reserve Bank Credit in perspective
https://knowyouradversary.com/wp-content/uploads/2023/03/bankcredit.jpg
Prices and spending a touch lower than expected, with income a tad higher. Okay to me. Doubleplusgood numbers from the Minitrue.
_______
Core PCE Price Index (YoY) (Feb)
Act: 4.6% Cons: 4.7% Prev: 4.7%
Core PCE Price Index (MoM) (Feb)
Act: 0.3% Cons: 0.4% Prev: 0.5%
PCE Price index (YoY) (Feb)
Act: 5.0% Cons: 5.1% Prev: 5.3%
PCE price index (MoM) (Feb)
Act: 0.3% Cons: 0.5% Prev: 0.6%
Personal Income (MoM) (Feb)
Act: 0.3% Cons: 0.2% Prev: 0.6%
Personal Spending (MoM) (Feb)
Act: 0.2% Cons: 0.3% Prev: 2.0%
Real Personal Consumption (MoM) (Feb)
Act: -0.1% Cons: 0.0% Prev: 1.5%
Gold cannot continue pushing up against $2,000 and not take it out. Eventually something has to give. This is official intervention. The Establishment would rather have $100,000 Bitcoin than $2,500 gold.
As the gold shills always say, keep stacking. Gold is cheap at $2,000 and here’s your opportunity to own more of it.
Gold and silver as well as high grade authentic gemstones are great to hide your wealth from the beast system. The one catch with these hard assets is that they don’t pay income and there is no guarantee that they rise in value with inflation as the gold and silver markets are clearly held down by a big invisible hand. Stocks and real estate have been the proven winners lately and are holding up remarkably well. Even if the USD crashes, I think US stocks and real estate will do very well as Foreigners see US assets as bargain cut rate prices.
Oil broke $65 very briefly with that hammer candle and it’s now touching $75 here on the front month contract. Let’s see if it can push above $75 in any meaningful way.
It’s like the bank doom from the last weeks didn’t even happen. Most all stock in the sector are upticking, SBNY hasn’t popped yet, but SIVBQ popped from .27 cents to over a dollar. Incredible! SOFI back over $6. BTC right on target, apparently going up to 30K range, unless news can stop it. Gold broke that 2000 mark, so metals are on an uptrend. It’s being done on the weekly, slow upticks so it doesn’t get daily attention.
HODL the GODL!
Everything seems to be following a pre written script. None of this is randomly happening. There really is a playbook. Chris you were correct, there will not be a financial collapse.
Luke 14:26
“If anyone comes to me and does not hate father and mother, wife and children, brothers and sisters—yes, even their own life—such a person cannot be my disciple.
– Almost all translations, including the KJV and Catholic translations, use the word “hate.”
But that would be a clear contradiction because Jesus says love your enemies, and Holy Spirit through Paul says love your wives.
In cases like this – you have to go directly to God’s actual words. Which is Hebrew for Old. And Greek for New:
Greek says, “μισεῖ misei.”
Greek translation =
meaning of (miséō) centers in moral choice, elevating one value over another.
Also says:
To love someone or something less than someone (something) else.
So does every translation get this one wrong? I looked at many and almost all of them mis-translate it. But there are a couple like “Good News Translation” that properly translate it:
Luke 14:26 Good News Translation:
Those who come to me cannot be my disciples unless they love me more than they love father and mother, wife and children, brothers and sisters, and themselves as well.
Also, the “International Children’s Bible” correctly translates it. Among a few others.
This is why I never rely on one translation, and I read the Bible in multiple different translations. Don’t ever put so much faith in just one human translation. They all have mistakes. Only the original Hebrew and Greek are perfect. The William Tyndale English translation is more accurate than the KJV, and it came 50+ years before the KJV. He was martyred one year after it came out. The KJV was heavily based off of William Tyndale’s work. I’ve been reading the NLT, AMP, and just ordered the New Matthew Bible on Amazon for about $15 – William Tyndale’s
work which predated the KJV.
You do know that it is ancient usage that the word “hate” in the past centuries meant “loving less” and out of respect for that usage no one changed their translations, whether it be Latin or the old English translations. Not one person until the modern age believed that Jesus meant hating one’s parents literally.
Problem is that is in our modern age most would interpret any word whatever the mainstream media bias dictates.
Another problem is that like the Dollar is the reserve currency, English is the international language and many speakers learn it and use it as Latin used to be learned and used all around Europe for many centuries, as a learned non native language.
From my experience, I am a Basque native language speaker in the Basque Country in Spain, non native speakers of Basque, and there are many here were I live, will be better or not to use their learned language with more or less accuracy and fluency but they will never get the small details and nuances of the meaning of many words and expressions that are learned from parents and relatives or in the streets with friends in any native language.
So I think explaining the usage or words like Otto does about the use of the word “hate” in this context of the Bible may be very interesting for many people.
I have found the piece very interesting and informative myself and he is right about the languages and their possible translations, I speak three of them myself with better or worse ability and languages, yes, they can be tricky and shifty.
More Federal Reserve bullshit. The Establishment economists need to conjure up any reason other than the right one.
The “research” is trying to make something fit in which the whole premise doesn’t make sense prima facie.
The excuse they use is that the baby boomers are just getting older. Well, weren’t they getting older prior to covid? Why are they all of a sudden are they getting older within the past couple years? Of course, the Biden regime and the Federal Reserve are just offering up more hot piles of bullshit.
__________
Bloomberg Economics
Aging Boomers Explain Shrinking Labor Force, NY Fed Study Says
•Participation shortfall equates to 2.1 million fewer workers
•Research suggests the worker shortages could persist
https://www.bloomberg.com/news/articles/2023-03-30/aging-boomers-explain-shrinking-labor-force-ny-fed-study-says
(Bloomberg) — Why are there so many workers missing from the labor force? Researchers at the Federal Reserve Bank of New York say the biggest factor may be simple: Workers are just getting older.
While much attention has been paid to an increase in retirements during the pandemic, the analysis found that there wasn’t necessarily a rise in the share of people who are retired for each age group. Instead, the researchers found that more baby boomers reached retirement age during the pandemic, making age the main contributor behind the increase in retirements.
“The aging of the baby boomers between 2020 and 2022 led to a significant rise in retirements, reducing participation,” wrote New York Fed researchers Mary Amiti, Sebastian Heise, Giorgio Topa and Julia Wu in a blog post published Thursday.
The researchers focused on the labor force participation rate, or the share of the population that is working or looking for work. After plunging at the start of the recession, that metric has since climbed up to 62.5%. However, that’s still down 0.8 percentage point from where it was in February 2020, amounting to gap of about 2.1 million fewer workers, they estimate.
The analysis looked at the share of people who are retired in different age groups and found that there was not a notable increase in the percentage of people who were retired for certain age ranges when compared to before the pandemic.
Take people between the ages of 60 and 69, for example. The share who are retired averaged 39.7% in 2018 and 2019, and 40% in the second half of 2022. For people aged 70 to 79, some 77.5% were retired before the pandemic, compared to 78.8% at the end of last year. And for workers above age 79, the share who are retired rose from 88.5% to 90.5%.
A rise in disability, including people affected by Covid-19, is another factor that could have explained the drop in labor force participation. But the research found that many of the people who became disabled during the pandemic continued to work and cited previous research finding almost no change in the average number of hours worked.
“The increase in disability has virtually no effect on the participation gap because, as discussed above, the increase is entirely accounted for by individuals that remain in the labor force,” the researchers wrote.
Labor Shortages
Labor markets have recovered substantially since the pandemic forced the shutdown of businesses across the country and pushed millions of Americans out of work. As the economy opened back up and demand for restaurants, travel and other services rebounded, many employers have been struggling to staff up.
Demand for workers remains high, with about two job openings for each unemployed person. The dynamic has some employers reluctant to let go of workers and hiring has stayed strong, fueling wage growth.
Fed officials battling high inflation cite the imbalance between the demand and supply of workers as one of the factors that could be fueling price growth. The US central bank is aggressively raising interest rates to cool the economy and lessen demand for workers.
But there is little officials can do address the supply shortages adding to inflation, including questions over the availability of workers.
The research suggests those worker shortages could persist.
“Population aging is likely to continue to exert strong downward pressure on participation going forward, as more of the baby boomer generation continue to enter retirement,” the researchers wrote.
This seems like a cover story for what is we know is really happening to the workers.
Edomites lie all the time. That’s all they know.
_________
Janet Yellen says the Trump administration ‘decimated’ the Treasury’s financial stability department and she’s focused on repairing the ‘cracks’
https://fortune.com/2023/03/30/janet-yllen-treasury-stability-regulators-decimated-focused-repairing-cracks/amp/
The Treasury has 88,000 workers and the Fed has 22,000.
So how many employees did they need to determine that aggressive rate hikes after 14 years of zero interest would be a bad idea? 100,000 wasn’t enough. Would 200,000 suffice?
Yet you and a handful of other posters here predicted exactly what would happen to institutions that hold government debt if the Fed continued its policy. One person did a better than 100,000 (very well paid) employees.
And, yes, the truth is poison to these people.
The vultures are circling around SCHW. This means more balance sheet and bank credit additions.
More Yellen testimony coming soon claiming that Trump caused all this 🤣🤣🤣
The real causes was her and Powell’s policies. It was the Biden and Trump’s fiscal responses. A tag team of conspiracy at the very top to bring all this out. High interest rates and massive inflation. Meanwhile the wealthiest are getting pallettes of cash from the back door gratis the Fed.
Yes. The same Fed that says it’s the aging baby boomers causing the employment conundrum.
Reminds me of the Nazi party claiming the Communists were to blame for everything.
Trump is the new Goldstein. He’s the INGSOC party’s whipping boy. Global socialism for everyone. Turn in your guns for peace. Just like what Trotsky and Lenin exclaimed.
Most of the folks running the show at the FED etc. are themselves aging baby boomers. My Dad told me not to point at anyone because you have three fingers pointing back at yourself.
As of February, M2 was falling hard and fell by a sizable amount last month. It fell by $121 billion. Keep in mind that this was for February and does not include any of the monetary stimulus and injections in the wake of the banking crisis. March’s numbers will be very interesting indeed and will provide us with a vital clue as to the future outcomes in the direction of asset prices. Money stock data are generally released on the 4th Tuesday of every month.
https://www.federalreserve.gov/releases/h6/20230328/
https://fred.stlouisfed.org/series/M2SL#0
With the Synagogue promoting their hired hand, Trump, as the face of nationalism, look for global socialism to spread throughout the West and the US. Look for Marxist ideologies to continue making further inroads in the US.
With Trump posing as the ostensible polar opposite of the incumbent Democrats, look for continued far left ideologies to continue to be legislated. Of course, without Trump, little of the Democrats legislation of the past three years had little chance of passing, but with Trump in the synagogue’s media headlines, I eventually see even the sacrosanct 2nd amendment being whittled away.
The goal is to have an armed global police force with an unarmed general population. With Trump fronting conservative gun rights, say goodbye to 2A. All of these staged mass shootings are wearing down the unwashed.
Trump has been paid handsomely to destroy nationalism. He will burn for his transgressions in the world to come.
Hitler destroyed German Nationalism in the same way that Trump is doing so today to the USA. Hitler’s nationalism was promoted by the Synagogue of Satan to destroy Germany with World War II as Eastern Germany got annexed by the Soviet Union for 45 years and many destroyed German cities. German’s had a guilt complex about their heritage for many years afterwards.
Trump is doing the same thing to USA patriots. I predict that Trump will get the Republican Nomination for 2024 otherwise he will run as an independent and split the conservative vote so the Democrats will get in either way.
CJ Evans, you mention pandemic of the vaccinated. Here is another article to prove your point:
https://www.zerohedge.com/medical/extraordinary-change-labor-data-reveals-shocking-drop-workplace-attendance-following-vax
Workplace attendance has dropped and absenteeism has risen since the Covid Vaccine campaign. My grocery store has a lot fewer cashiers than last year at this time and they make us do self check out after certain times. I notice a lot of other retail stores with much fewer workers than before.
I see people I know around me suddenly getting new health problems and/or their previous health issues getting worse. Is it a small wonder why workplace absenteeism and/or resignations have suddenly increased since the Covid Vaccines. Sick and dying people cannot work and are not motivated to work. Who wants to put up with a nasty boss and/ or aggravating work when they are not feeling good.
The lack of workers will give employers the excuse to replace these positions with artificially intelligent robots and computers. Also some positions may just disappear. Heaven help those who are just starting out in the workplace and are living from paycheck to paycheck.
Be an income producing asset owner. Work to a position where salary work is an option not a necessity. The window for this opportunity appears to be quickly closing.
There is still an opportunity to buy rental properties, but the window is closing quickly. Even in places near Dayton OH there is opportunity. Don’t buy in the city itself, but look to its suburbs, which are still growing.
Despite all the sound and fury of collapse, stocks are holding up. And they still are earning a yield, so we must add that to our total return. Also hold them in deferred money accounts.
I also read many stories which provide anecdotal evidence that disingenuous influencers can make a lot of money on social media platforms. If you’re willing to sell your soul, you can do that as well. Just keep in mind that you’d be making your money off advertising, and we know who pays for the advertising. It’s a conflict of interest in which I couldn’t endeavor. But those with a looser set of morals can find it very profitable to persuade others.
If I cut out the talk of conspiracy and neutered myself from biblical analysis, I guess I could have started up a newsletter. But I was never good with people anyway. I’m well suited for doing what I do, since I don’t have many friends and am quite content not having to interact with others to drum up business.
When it comes to income generating assets, it’s all about running the numbers.
By the way, I don’t need ZeroHedge nor individuals like Ed Dowd telling me what I have known for two years already. Figuring this out was only a process of elimination anyway.
Indeed, many have decided to drop out of the workforce and begin working for themselves due to their desires to remain uninjected with poison. And of course I respect this and would do the same thing in their shoes. However, the governments would know about this, since these newly self-employed people would be filing tax returns and making estimated tax payments based on this.
Thus, when the government reporting agencies seem nonplussed as to why there is a deficit of workers, they already account for those who dropped out of the workforce and went to work for themselves. For instance, if a nurse quit her job due to a DOD Pentagon mRNA injection mandate and started up her own business traveling to clients, it would be reported so to the tax agencies. She would be paying taxes and would be indicating this.
So when the BLS, the federal government, and Federal Reserve economist s are stymied as they have been for the past 18 to 24 months, they’re being dishonest and already know why. The people are dropping out of the workforce for the same reasons I’ve been telling the incredulous readers. I do my own research. I don’t do any name dropping and don’t verify my findings because a supposed authority a figure happens to conform.
Correct, a lot of intelligent healthy people dropped out of the workforce to work for themselves to avoid the killer vaccines mandates. I would risk starvation and homelessness instead of taking these demonic vaccines. Starvation and homelessness are only temporary for hard working people. Health problems and death from these vaccines are permanent.
I got a reader asking me regarding Jacob’s and Joseph’s subjugation and destruction here in these last days. He mentioned that since This global destruction to society is worldwide that it didn’t make sense to him.
But I say it is actually very easy to figure out.
With the methodical destruction of the House of Jacob and the house of Joseph leading up to the apocalypse or Great Reset, the adversary is now free to exploit the entire world. The God-given birthright and protection afforded to Jacob’s and Joseph’s descendants were a release valve from these synagogue Edomites in taking over the world.
Not only did Jacobs and Joseph’s descendants become decadent but they were naive like the ancient Israelites as well. The saddest part is that the adversary exploited the birthright of Jacob and Joseph to establish its new world order. Our adversary effectively exploited these protections to build the prison system in which it now holds Jacob and Joseph captive, along with the rest of the world.
Just because a person is a non-Israelite doesn’t mean he shouldn’t be praying for the redemption of Israel. And when I mean Israel, I mean the houses of Jacob and Joseph. They received the name Israel. If I were any other race or creed, I would be praying to survive the time of Jacob’s trouble.
The power of the second amendment here in the states cannot ever be overestimated. Once the right to bear effective firearms here in the states is relinquished, the entire globe will sink into a despair from which it will never recover until Shiloh comes. The remnants of Manasseh were afforded great rights with responsibilities, yet they blew it. They went a whoring with the entire world and God had enough and has lifted his protection.
Now there’s nobody left to stop them and with God’s protection lifted from Jacob and joseph, our synagogue and nicolaitan adversary is free to do what it pleases.
A time to prepare is now! I am already looking for another house to close within the next month or two. I am getting out of my condominiums and buying houses. There are still good deals out there. I’m actually buying new construction this time around as the price differential between new construction and existing has been compressed to the point that paying up for a new house is worth it.
Vatican: Pope Francis hospitalized with respiratory infection
Pope Francis is in the hospital after suffering from breathing difficulties and a respiratory infection. The Pope will require several days of hospitalization. MSNBC Vatican analyst Deborah Lubov details what we know about his condition.
March 29, 2023
And the people wonder why employment data is so tight.
Pandemic of the vaccinated. Vaccine injuries and VAIDS – Vaccine induced AIDS. Excess deaths to continue rising.
_________
U.S. Military Being Destroyed By Vax, Civilian Sickness Skyrockets, Australia Excess Death Up 5,162%
https://rumble.com/v2f047w-u.s.-military-being-destroyed-by-vax-civilian-sickness-skyrockets-australia.html
One Marxist to another…
Obama Praises Xi Jinping, Blames Trump For Strained US-China Ties: ‘The US President Didn’t Seem To Care…’
Former President Barack Obama blamed his successor Donald Trump for the strained ties between the U.S. and China, on Tuesday.
What Happened: Obama also laid out a compliment for Chinese President Xi Jinping, while speaking at the Aware Theatre in Sydney, Australia, in front of a crowd of 9,000 people.
See Also: Trump Says DeSantis Would Be Working In A Pizza Parlor Without His Backing
“Externally, frankly, with my successor coming in, I think Xi (Jinping) saw an opportunity, because the US president didn’t seem to care that much about rules based in the international system,” said Obama, reported Sky News Australia.
“I think China’s attitude was, well, we can take advantage of what appears to be a vacuum internationally on a lot of these issues,” said Obama, according to the report.
Why It Matters: Obama acknowledged that the relationship between the U.S. and China was “significantly strained” and the tensions between the two nations could remain in place in coming years, according to Sky News Australia.
Obama, however, said things would not end well for China if it started to claim international water territory claimed by its neighbors, according to the report.
While Obama praised Xi’s “forceful and confident” demeanor when it came to the relationship with the U.S., he said once he left office the relationship deteriorated.
Trump has said recently that were he to be reelected president, he would pursue the “hunting down” of Chinese spies after a ballon from the country overflew the U.S.
© 2023 Benzinga.com.
Restrictions on foreign ownership are easing. Those additional 647,000 temp residents can now buy property.
https://www.cbc.ca/news/politics/government-housing-ease-restrictions-non-canadians-1.6793247
This also helps foreign businesses in their consolidation of assets
After Doling Out Huge Loans, China Is Now Bailing Out Countries
•Beijing is emerging as a new heavyweight in providing emergency funds to debt-ridden countries, catching up to the I.M.F. as a lender of last resort.
By Keith Bradsher New York Times, March 28, 2023
Reporting from Beijing
Since the end of World War II, the International Monetary Fund and the United States have been the world’s lenders of last resort, each wielding broad influence over the global economy. Now a new heavyweight has emerged in providing emergency loans to debt-ridden countries: China.
New data shows that China is providing ever more emergency loans to countries, including Turkey, Argentina and Sri Lanka. China has been helping countries that have either geopolitical significance, like a strategic location, or lots of natural resources. Many of them have been borrowing heavily from Beijing for years to pay for infrastructure or other projects.
While China is not yet equal to the I.M.F., it is catching up fast, providing $240 billion of emergency financing in recent years. China gave $40.5 billion in such loans to distressed countries in 2021, according to a new study by American and European experts who drew on statistics from AidData, a research institute at William & Mary, a university in Williamsburg, Va. China provided $10 billion in 2014 and none in 2010.
By comparison, the I.M.F. lent $68.6 billion to countries in financial distress in 2021 — a pace that has stayed fairly steady in recent years except for a jump in 2020, at the start of the pandemic.
In many ways, China has replaced the United States in bailing out indebted low- and middle-income countries. The U.S. Treasury’s last sizable rescue loan to a middle-income country was a $1.5 billion credit to Uruguay in 2002. The Federal Reserve still provides very short-term financing to other industrialized countries when they need extra dollars for a few days or weeks.
China’s emerging position as a lender of last resort reflects its evolving status as an economic superpower at a time of global weakness. Dozens of countries are struggling to pay their debts, as a slowing economy and rising interest rates push many nations to the brink.
The I.M.F. has also stepped up its own bailouts in recent weeks, in response to Russia’s war in Ukraine and the aftereffects of the pandemic. The I.M.F. reached a preliminary agreement last Tuesday to lend $15.6 billion to Ukraine, a day after its board approved a $3 billion loan to Sri Lanka.
Beijing’s new role is also an outgrowth of the decade-old Belt and Road Initiative, the signature project of Xi Jinping, China’s top leader, to develop geopolitical and diplomatic ties through financial and commercial efforts. China has lent $900 billion to 151 lower-income countries around the world, mainly for the construction of highways, bridges, hydroelectric dams and other infrastructure.
American officials have accused China of engaging in “debt trap diplomacy” that is saddling countries with excessive debt for construction projects carried out by Chinese companies often using Chinese engineers, Chinese workers and Chinese equipment. Chinese officials contend that they have built much-needed infrastructure that the West talked about for decades but never completed.
Unlike many lenders to developing countries, state-controlled financial institutions in China largely doled out loans at adjustable rates. The payments due on many of these loans have doubled in the past year, putting many nations in a difficult financial spot. China, for its part, blames the U.S. central bank, the Federal Reserve, for putting pressure on countries by pushing up interest rates.
China’s central bank is extending the separate, emergency loans at fairly high interest rates to Laos, Pakistan, Nigeria, Suriname and other financially distressed countries. China’s state-owned banks face losses if Beijing does not bail out their borrowers but may profit if other countries manage to stay current on their debt payments.
China charges somewhat high interest rates for emergency credit to middle-income countries in distress, typically 5 percent. That compares with 2 percent for loans from the I.M.F., the new study found.
The U.S. Treasury charged almost the same interest rate as China — 4.8 percent — when it made rescue loans to middle-income countries in the 1990s through 2002. The Fed has recently been charging about 1 percent for its very short-term loans to other industrialized countries.
China’s emergency lending has gone almost entirely to middle-income countries that owe a lot of money to state-controlled Chinese banks. More than 90 percent of China’s emergency loans in 2021 were in its own currency, the renminbi.
It is not unusual for a country to use its own currency in international rescues. The dollar displaced European currencies in the borrowing of many developing countries after the United States played a central role in resolving the Latin American debt crisis in the 1980s.
In lending renminbi, Beijing is furthering its efforts to limit reliance on the U.S. dollar as the go-to global currency. When borrowing renminbi from China’s central bank using so-called swap agreements, the indebted countries then keep the renminbi in their central reserves while spending their dollars to repay foreign debts.
Some countries, like Mongolia, now hold much of their currency reserves in renminbi, after previously holding them mainly in dollars, said Brad Parks, the executive director of AidData and an author of the study.
Such financial moves tether countries more closely to China, since the renminbi is hard to spend except to buy Chinese goods and services. In their meeting last week, Mr. Xi and President Vladimir V. Putin of Russia agreed that more of their countries’ trade and other commercial ties will be connected to the renminbi.
Foreign Minister Qin Gang of China has strongly defended his country’s debt record, noting that China allowed dozens of the world’s poorest countries to delay debt repayments in 2020 and 2021.
“China has suspended more debt service payments than any other Group of 20 member,” he said in a March 2 speech at a gathering of foreign ministers of the large Group of 20 countries.
As China increasingly steps into the role of emergency lender and its own economy slows, it is also reassessing its broader lending program. More recently, it has begun pulling back from infrastructure loans. According to data from China’s Ministry of Commerce, the annual value of completed contracts in Belt and Road Initiative countries fell to $85 billion last year, from a peak of $98 billion in 2019.
“We are seeing the emergence of another big financial rescue player in the international financial system,” as the cost of Belt and Road Initiative loans becomes clear, said Christoph Trebesch, the research director for international finance and macroeconomics at the Kiel Institute for the World Economy in Germany and an author of the study.
Li You contributed research.
Keith Bradsher is the Beijing bureau chief for The Times. He previously served as bureau chief in Shanghai, Hong Kong and Detroit and as a Washington correspondent. He has lived and reported in mainland China through the pandemic. @KeithBradsher
A version of this article appears in print on March 28, 2023, Section A, Page 1 of the New York edition with the headline: Nations in Debt Seek Out China As Last Resort.
I think China is running up deficits to follow the U.S. playbook as a step to promote the Yuan as a global currency and therefore challenge the dollar. Deficit spending gets Yuans out in circulation especially as demand for it rises. The very same thing the U.S. has done with the Yankee dollar over the years.
In order to make the Yuan a global currency like the US dollar, Chicomm China needs to run large trade deficits and offshore its production as well as remove most of the foreign holder yuan restrictions. The aspects of its centrally planned currency management needs to go.
As of now, China is unwilling to do what it takes to make the Chinese yuan a true global Reserve.
China may claim to wish to engage in multilateral trade with some nations (e.g. Russia), and they may claim to want to settle in Chinese Yuan, but how do those nations get those yuan if Chicomm China is unwilling to run the trade deficits necessary to hand those yuan out to foreign exporters?
From what I can see, Chicomm China is attempting to support asset markets throughout their economy as well as buoy spending. China’s military spending increased 20% year over year and is expected to increase a similar amount next year as well.
From whom do they borrow money ? If it is indirectly the BIS bank, then it is the ultimate prove that the world is a stage, like the BRICS nations are fighting against the West narrative.
The Chinese government owns the land, so that has traditionally provided the collateral to borrow against. The Chicomm avoid the IMF and compete against it when lending out on it belt and road projects.
The world is a stage, but the rivalry between the US and China is more genuine than the Cold War. It’s more a rivalry for China than the US.
China seems to becoming the world’s loan shark to the developing nations. On par with the IMF, but China’s loan terms seem more burdensome than the IMF. The IMF lets their borrowers default before seizing assets, but China charges more upfront.
Sorry, i still don’t get it. You say China owns land as collateral when they borrow money, but from whom do they borrow ?
The big agenda i think is that the supremacist, demonic ‘elite’ Chabad lubavitch/Sabbatean Frankist jews, among which the banksters, have decided long time ago that first the (christian) western nations and the white race has to be destroyed because they consider the white race Essau, Edom, Amalek. You know their psychopathic view, and that their is no place for us in their multipolar world order. The leaders in the Western countries, who are traitors, are carefully placed to help them. The US government is completely controlled by jews. They also use China, which they destroyed from within since the opium trade and made it a communist country with Mao Zedong as their puppet, to do much of the work for them.
I don’t really disagree with anything you say, though some of it is above my paygrade.
I have attached a link to an article below from today I just read, and though it doesn’t expressly say it, China communist central government works with all its state owned firms and effectively collateralizes the cash flow and equity in its sprawling structure of state owned banks, state owned industrial firms, and state owned everything else to borrow and lend. It then lends out (based on what I read over the years, the Chinese do a shit job in assessing loan underwriting risk).
If it weren’t for the West building them up and letting them thrive with huge trade surpluses for 50 years, China would be more bankrupt than the US. As bad as many who hate Americans think the corruption is here, it’s levels worse in China and Russia.
You are right in this regard, the ChiComms have been built up to be a golem to be used against the very countries who built them up in the first place. We gave them all the advanced manufacturing, mining, military technology necessary by the Synagogue, too.
I know this article is CNN Business, but perhaps it can shed a little more light.
https://www.cnn.com/2023/03/28/economy/china-rescue-lending-belt-and-road-study-intl-hnk/index.html
I quote from cnbc : ‘The BIS is an umbrella group for central banks, representing institutions from the US Federal Reserve to the People’s Bank of China.’
When they say representing, they mean they are in charge.
Some say the Rothschilds owns all the central banks in the world among which the central bank of China.
It’s a small world after all.
Apparently the 1906 Jewish Encyclopedia list the Rothschilds as the Papal Treasurers. I can’t attest to the truth of this but one has to wonder were all the roads lead to.
The more I reflect on it though I think we have to come to the realization that mans adversary can and does have the power to corrupt any human institution or endeavor. The father of lies finds his victims in all walks and places. I like to tbink one of Gods greatest gift to us is an onboard bullshit detector. I think its a characteristic of the divine logos. We were given free will and a lie detector to decifer the character of God.
I agree that the same financial apparatus controls everything. There isn’t competition, just one entity, and that includes cryptos too. However I was of the belief that the people at the top and within that apparatus, who many call “Jews”, yet they are not “Jews”.
These people are from the seed of Essau, Edom, Amalek, not white caucasians? They have infiltrated all of the institutions. The financial firms, the churches, the lodges, goverment offices, corporations, every media entity, including radio, television, magazines, everything Hollywood, schools, law enforcement, military branches.
They hide behind Judaism because of it’s perceived protected status. They chose Judaism to infiltrate. Hence we always get “it’s the Jews” type of chatter.
I’m probably wrong, I guess I need a better chart to distinguish the tribes and names as we go back in time, and find out what people were the edomites, amalecks, etc. Do we start with Shem, Ham and Japeth?
Start with the postdiluvian age with Noah and his three sons. You can also refer to the antediluvian age and study the genealogies back to Adam. When I first became washed I spent months studying the genealogies going back to creation and getting a thorough understanding of the proper nouns and identifiers. I’ve now been studying it off and on for 20 years. I’ve always tried to prove myself wrong, but our adversary seems to be working according to a script that’s pretty well defined according to the Bible.
This is what I think too, and too I would say that we are not connecting the dots properly as we are too naive and we are in general not able to grasp the reality of how our adversary feels, thinks and acts.
The adversary is mad and obsessed with the script and this is not a show of strength as it is simply a naked “show” of their insecurities and feelings of hate and envy about us, the supposed “weaker” brothers. They just can not get away off their negative emotions about us as Esau could not get off his envy and hate of his brother Jacob.
Why I say this?…
Because Esau and our adversary are always trying to prove to the gallery they are better than us and Jacob, so, Esau and our adversary are insecure, weak and lower in the pecking order than us and Jacob.
Remember the plate of lentils?…
When hunger comes, the loftiest ivory tower’s inhabitants would beg and sell themselves for the humblest lentil plates as Esau did.
Jerome you’ve been on Breddon O’Connells youtube channel a fair bit I think.
I can think and connect dots for myself after many years of studying this object since the time the internet wasn’t censored that much. The last years you see there is a successful effort to let people believe that it’s everything but ‘elite’ jews who are in charge, like the Vatican, the Jesuits, the Khazarians, the Rhadonites, the Royals, the Phoenicians, the Black nobility, the Hanseaten, different groups of space aliens etcetera
The Bible tells me it’s the synagogue of Satan as well as the Nicolaitans, the conquerors of the common people. Their attorneys twist the Magna Carta and the US Constitution to persuade the masses to accept anything. The only thing keeping this whole thing from falling apart right now is the second amendment, which clearly shows me that the founding fathers of the once mighty Republic were not associated with our adversary.
Old Testament prophecy is being fulfilled right now and it’s all about a time that goes back to Rebekah’s womb; the acrimonious fight between Jacob and Esau is coming to its stunning conclusion. Jacob doesn’t even think there’s a fight anymore, while Esau Edom wants to tear down Jacob’s and Joseph’s descendants. Since today’s Jacob has rejected the God of his fathers, he’s now being raped financially and being injected with Pentagon poison.
Since Jacob and Esau have the same parents, this is why the real enemy looks like people from the house of Joseph and Jacob. It’s hard to spot them in a crowd, but their evil is imprinted in their DNA.
Our adversary tells us that our differences are cultural, yet nothing could be further from the truth. Just like the way people look is genetic, so is the behavior. And this is why I strongly advise people who have descended from the house of Jacob and the house of Joseph to find like kind people, because our adversary and those who have been brainwashed will be gunning for you. They already are. They’ll want your head on a platter, especially if you talk the way we talk. We’ll have Divine protection but they will make our lives miserable.
People descended from Jacob are too naive and needed the protection of God, but the edomites can spot one another like homosexuals can spot one another.
This sound harsh, but it’s absolutely true and political incorrectness has been methodically bred out of us by our Edomite enemies who comprise the synagogue of Satan.
And I agree with you in one regard, the internet is almost useless in figuring out who our adversary is. The pastors and preachers that I relied upon for the truth have all been dead for at least 8 to 20 years. I recall listening to them on shortwave back in the early aughts. I would have to continually move my shortwave radio antenna around and I would stay up at night listening to these forgotten voices, since the shortwave was propagated best during the night time. I won’t tell you who they were, because the deceived Christians will do a Google search, which will vilify them, and you will vilify me.
Christians today, even the so-called remnant ones who are young or forgetful of the past, have been fully deceived. I know because I listen to what they say and read what they write. I know because of the comments I’ve received over the years from these deceived Christians. They may be saved, but they are the deceived.
Rear view mirror, but encouraging. Given the proposed $7 trillion Federal budget and the “Inflation Reduction” Act, prices will continue to escalate long term, even with double digit interest rates.
House Price Index (YoY) (Jan)
Act: 5.3% Cons: Prev: 6.7%
House Price Index (MoM) (Jan)
Act: 0.2% Cons: -0.2% Prev: -0.1%
House Price Index (Jan)
Act: 393.2 Cons: Prev: 392.4
S&P/CS HPI Composite – 20 s.a. (MoM) (Jan)
Act: -0.4% Cons: -0.5% Prev: -0.5%
S&P/CS HPI Composite – 20 n.s.a. (MoM) (Jan)
Act: -0.6% Cons: Prev: -0.9%
S&P/CS HPI Composite – 20 n.s.a. (YoY) (Jan)
Act: 2.5% Cons: 2.5% Prev: 4.6%