Biblical Prophecy
Great Collapse (GC) of 2019, doing so
with little or no advance warning… Banks will be the major contributor to the collapse of the United States economy, banks have become EVIL,SRH. Usury is, by modern definition, the illegal practice of lending money at unreasonably high rates of interest. Usury is usually carried out with the intention of the lender, or usurer, gaining…
USDA Crop Report Shocker Sends Corn Futures Surging
Chicago corn futures surged 8% in the last two sessions after a massive reduction to the U.S. government’s acreage estimate reported Reuters. The U.S. Department of Agriculture’s (USDA) crop report on Tuesday showed farmers planted 92 million acres of corn in 1H20, which was a huge miss in expectations and 5 million acres below the USDA’s March forecast of 97 million acres.…
This Can Not Continue, “A Staggering Number”: Over $18 Trillion In Global Stimulus In 2020, 21% Of World GDP
On Friday, we relayed the latest observations from BofA chief investment officer, Michael Hartnett who concluded that there is just one bull market to short – namely credit – “and the Fed won’t let you” by which he means all central banks. As the following table shows, the balance sheet of the G-6 central banks has exploded,…
“It’s All Bullsh*t” – 3 Leaks That Sink The COVID Narrative
In recent days a series of leaks across the globe have further shown the “official line” on coronavirus does not hold water… The science of the coronavirus is not disputed. It is well documented and openly admitted: Most people won’t get the virus. Most of the people who get it won’t display symptoms. Most of the…
Capitalism In America: How A Dismal Decimal Is Robbing Americans Blind
There is no hiding anymore, the United States has become an oligarch owned banana republic with nukes, and with a monopoly currency which has allowed it to rig the markets for half a century. But now we are only a couple of hours from curtain – Midnight in America. With the stock market at all-time highs, virtually…
Deplorables Versus The Ruling Class: A Global Struggle
Consider the age of monarchs. Squabbling barons select a supreme ruler – a king or an emperor — to suppress the squabbling. Peace and prosperity return to the land. The king makes policy but he can’t do everything. His minions take care of the details. Minions mean bureaucracy. The bureaucracy grows. The king grows old and dies. …
Congress gives America a special Christmas present: higher taxes
You’ve got to hand it to these people– Congress really knows how to bring out the holiday cheer. They have some sort of pathological need to pass the most absurd legislation at the VERY END OF THE YEAR giving people very little time to react. Two years ago, for example, they passed comprehensive tax reform…
It’s D-Day For The Repo Market: On Monday $100 Billion In Liquidity Will Be Drained – What Happens Next?
Last week’s apocalyptic report by repo market guru Zoltan Pozsar, which for those who missed it predicted that an imminent market crash and loss of control of overnight rates by the Fed would spark nothing short of QE4, sparked an unprecedented panic at the Federal Reserve, which just two days later unveiled a historic liquidity injection, in which the…
Is Zoltan’s Market Doomsday Imminent? Here Are The Two Things To Watch
In the movie The Outlaw Josey Wales, one of the more famous quotes is, “Don’t piss down my back and tell me it’s raining.” We do not accept the rationale the Fed is using to justify the reintroduction of QE and the latest surge in their balance sheet. Although we do not know why the Fed has…
“It’s About To Get Very Bad” – Repo Market Legend Predicts Market Crash In Days
For the past decade, the name of Zoltan Pozsar has been among the most admired and respected on Wall Street: not only did the Hungarian lay the groundwork for our current understanding of the deposit-free shadow banking system – which has the often opaque and painfully complex short-term dollar funding and repo markets – at its core……