How long until our government can't make its payments either? Wait until the banks fail and the stock market crashes, then the fun will really get started.
Even though the CPI report wasn't great and retail sales are flat, the Dow went up 350 points, probably due to the increase in meme stocks. If you don't see that our economy is all smoke and mirrors, I don't know what to tell you.
They can’t make the payments now unless they threaten government closure in order to increase the debt ceiling. They are borrowing the money to service the debt, to pay only the interest in that term. It’s like you calling your credit card company asking for a credit line increase so you could take out a cash advance on your credit card in order to make your next few payments. Wonder what rating Moody’s gives us now?
On a completely different matter but not disconnected, what do you think the world will decide to do with 350MM people that suddenly go bankrupt personally and nationally and have no resources or higher skills to survive? Do you think they will donate to those people’s welfare or write them off as a murderous bad debt?
Your analysis is excellent Alanna! Kudos therefore Ma'am!
The Federal Reserve's 'actual' Mandate has NEVER been to provide stability of the Market as is EASILY SEEN by the simplest examination of the 'Boom/Bust' cycle which ostensibly it was CREATED to suppress/address. Ere it's inception in 1913, certainly there were such cycles - of a more 'organic' sort - however, AFTER it's Creation thereafter followed the Great Depression; Greater by FAR than any that had preceded it. SURELY, a 'One-Off' right? Not quite.
Quasi-cyclically thereafter - lesser B/B cycles were seen. So, the Fed IS/WAS doing it's J O B...Yay!! Nope...after the 1929-1930 debacle - which might well be attributed to a tactic of 'Shock and AWE' needed to fully ensconce the FED directly in the 'Driver's Seat'...beyond ANY Hope or Question of it's Authority/Legitimacy, well, put simply 'Mission Accomplished'.
Thereafter, none such gargantuan Economic Woe was needed or called for. From WELL behind the scene's the Fed began QUIETLY to cement it's Iron Grip on Power. In part this was done in the USUAL MANNER that the Apex of the Pyramid ordinarily employs: By TELLING 'We, the People" that they are THERE to HELP, and at all times remaining outside the GRASP of anyone attempting to Audit it, by the simple expedient of using it's burgeoning power to quash anysuch investigation of it's activities.
Once the DIGITAL AGE commenced things became VASTLY easier for our "Friend, the FED".
A short diversion into history is now apropo. The CIA began it's existence by morphing FROM THE OSS (OFFICE of Strategic Services) into it's new, nascent form. That NEW form was structured to 'de-couple' it from ANY Oversight incrementally until everything it touched was effectively a "Black Op". To do that the CIA needed a virtually inexhaustible source of Funding SEPARATE from ANY oversight at all. Enter the Vietnam conflict which placed BOTH American Forces directly where the CIA MOST needed them...in order to serve as cover for the actual objective: Running drugs out of Cambodia, predominantly, Heroin AND GAVE THE CIA it's REASIN ti ooerate in the region. Once that Op was up and running the CIA had it's inexhaustible source...
Then a Dark 'Miracle' occured; the advent of Cell Phone technology. The already existent NSA was already in-place and WAITING like a Terrible Spider in it's Web for EXACTLY that occurance.
Thereafter, an avalanche of personal data on simply EVERYONE, EVERYWHERE POURED into thier somewhat primitive storage facilities. The developing technology underlying the Digital Age followed an exponentially increasing curve. Within 10 years the NSA was orders of magnitude more robust in it's collection, storage and analysis faculties that it had been.
Fast forward to roughly 2010. At that point the NSA collected it's entire organization and relocated to it's REAL, NEW HOME, in Utah. This facility was tailor-made to accomodate all the organizations need's for the foreseeable future.
Consisting of a single, double Story above ground structure, sitting exactly on top of a 14 layer subterranean facility, the NSA became in effect 'Impregnable'. All of the preceding regarding the NSA's new home is simply a matter of Public Record, FWIW.
There, EVERY system was rebuilt using State of the Art equiptment - continuously updated periodically with the most cutting edge tech available. By 2011 that included Mass Storage capable of storing quintillions of Libraries of Congress, Processing courtesy of IBM, in the form of three IBM Jaguar Super-Computers continuously monitoring every electronic communication on Earth. How?
Rather easily actually, by way of various surreptitious Laws passed by our WONDERFUL Congress granting the NSA FULL Authority to TAP every Telecom Node in the USA, with DIRECT TAPS intilo ALL network Switches; which no employees of said Companies were EVER allowed ACCESS to. Thus was the USA sewed into a 'Trick Bag'. The rest of the World was rather more easily suborned. Most intercontinental Comms were either conducted over Undersea TelCo cables OR increasingly, over SatCom transmissions. The undersea cables were already attached directly to the TAPPED US network, but the SatCom network took a bit of revamping in order to fully integrate it into the 'Collection Grid'.
Thereafter the NSA monitored - in REAL TIME: ALL Voice translated Speech to Text by the Trio of Jaguars, all else analyzed thereby, ALL STORED in perpetuity - the communications of every Citizen, Congressman, Senator and President in all time since...roughly by 2015.
IMAGINE ALL THE DIRT that got drug up and perma-stored in an Archive so VAST.
The Subordination of the Governance of the Country to the Intelligence Services was COMPLETE...and TOTAL. Thus EVERY Political apparatchik is suborned even before they take the Oath of Office. Repeatedly, Congressman and Senators have almost openly admitted thier STARK TERROR of reprisal against them should they NOT 'Toe the LINE'
That concludes today's History Lesson Kiddos
Adios Muchachos..be Well, be SAFE (as much as you can) and BE BLESSED,
The fact is the FEDs mandate is to maintain market stability,
Congress has given the Federal Reserve's monetary policymakers a mandate and the independence with which to pursue it. The Fed's modern statutory mandate, as described in the 1977 amendment to the Federal Reserve Act, is to promote maximum employment and "stable prices".
How they do that is to play the interest rates against the markets. From a meeting I attended at the St Louis Fed it was clearly stated that everything done from 2008 to 2018 utterly failed and at some point this will all fail. They will default deliberately to drop the dollar as the world currency and replace it with a gold backed digital dollar. The timing will be to pull the trigger on the default when they can blame the default on someone, like Christians, Russians. It's not a matter of if but when.
Yes, that is the 'Party Line' however, even a cursory 'read between the lines' suggest otherwise. "When Words and Actions disagree, believe ONLY the Actions you witness; NONE ever act contrary to thier True Objective..."
Thus and so...
No, as I detailed above, the 'Public statements' made by the Fed WHOLLY contradict thier ACTIONS. The Great Pyramid which is the actual schematic of the REAL HIERARCHY defining POWER in this country and all others now, is almost completely obscured - deliberately - since THOSE utterly despise being exposed to the Light of Day. By that you may well - and correctly - equate those with something else with a LARGE aversion to Light: Cockroaches.
The Fed HAS the POWER to anihilate everything...and as 'We, the People' ARE an existential THREAT to those resident at the Apex of the Pyramid, coexistence is NOT the GOAL, assuredly.
Brandon Smith over at alt-market.us is - and has - been eerily prescient on the 'move and countermove' we would see over time, usually at least a year or more in ADVANCE of any indication even being smelled far off by others...
The CBDC's are the lowest tier of a hierarchy whose Apex is the basket of Currencies called Special Drawing Rights, or SDR's for short...I recommend you acquainting yourself with his thought, it will be INSTRUCTIVE, I'm sure.
Be well Brother...and BEAR DOWN HARD in getting your Preps in order. First, GTFO as far from CIVILIZATION as you can; that will simply become a Mad Max scenario once the FED pulls the rug out from under EVERYONE. Believe me my Friend.
Scary possibility. With this bunch anything is possible. That’s what happens when you’re conscience is comatose. Gotta stay in power by any means necessary, you know! Four more years, four more years! But hey, no worries, right? Soon you’ll own nothing and be happy! Hello 2030 if we’re alive then. I can’t wait!
Do you really think making all the egregious errors, foibles they commit in the face of all the world to see is an expression of power? It is the epitome of yoked servitude at the hand of an even greater masked bandit. The hidden hand has marionetted the very leaders you believe you voted for as sincere candidates (another delusion)and has hypnotized them to destroy their own countries in western civilization.
"Deflation" saves OUR Butts...Inflation - especially "Hyper-Inflation" saves THEIRS.
Read up on Weimer Germany, ie, Germany during the 1920's. THEY experienced real, full-bore Hyper-Inflation.
An anecdote thereon...
Workers would NOT wait to be paid at the end of a DAY...they DEMANDED thier Employers PAY them at Noon. Why?
Simple, IF they waited until dayend then thier PURCHASING power was SO reduced that the Loaf of Bread that they could have bought at Noon was so expensive by evening that they COULDN'T afford to buy it with thier 'daily' wages.
Does THAT sound 'GOOD for us'? Methinks NOT.
Be Blessed, be well...BE SAFE...SINCE now time IS short.
Homo Sapien is likely the only animal on the planet that sets traps out then steps in them. The one time to carry a credit card balance is when it has a 0% interest rate and you know you can pay it back. Speaking of credit card interest rates, where are our reps in Congress? If they cared for their constituents they would pass a bill limiting the ridiculous rates credit card companies charge.
Umm, maybe a 'slight' revision of what you suggest is worth considering.
Under all 'normal' circumstances, certainly keeping one's overall debt 'pared down' is pure prudence, undeniably so.
HOWEVER, if one had a 'Crystal Ball' and could FORSEE impending Catastrophe then I submit that instead of mere prudence, one might instead consider going 'whole Hog', running your credit to - just - OBLIVION. Why?
This 'suggestion' ONLY applies if and WHEN it becomes evident that the Runaway train is - in fact - about to run off the rails. Naturally, that isn't EXACTLY the easiest call to make.
Here's the 'Rub' so to speak...
Centuries ago, one's WEALTH was determined by what one OWNED, laid CLAIM to and often obtained at the point of something wicked sharp. Well, after the fact, you ALSO were COMPELLED to defend all such against everyone else who WANTED what you HAD. Simple enough.
An interesting feature of that 'system' was that the COST of defending 'your STUFF' mounted UP real quick, hence limiting the amount which you could lay claim to and HOLD...unlike today, where the Apex Predators in our current system can - and DO - acquire amounts of 'Stuff' that passes beyond the bounds of the Wildest Dreams of Avarice....all as a 'quirk' of MONEY
In what is on approach now, we are at the brink of abandoning the entire Monetary 'Construct', ie, MONEY itself, returning to the Age of THINGS, as both a store of and measure of Wealth.
I never needed 'excess WEALTH' myself but I always did well obtaining ALL that I needed to ensure my comfort and security, not exactly 'Sumptously', but WELL indeed, instead.
So, JUST before one perceives that the 'Matrix' is on the Cusp of dissolving, then you go out on a Spree; acquiring EVERYTHING you think that will SERVE to support you AFTER the FALL.
Just a thought, and it goes without saying that your 'Timing' would neccessarily must need be 'exquisutely' precise, eh?
They say to us, "Let them eat Cake", I say "Let them CHOKE on the DEBT they so freely extended."
Life is SOLELY A "Pass/Fail" proposition, treat it as such.
What you suggest, if I properly understood it, was to go on a credit-financed buying binge right before the whole financial system goes belly up. I believe you think that when everything goes kerplunk, your extended credit purchases will additionally burden the lenders, and that because the system has imploded, you won't have to repay the lenders. I hope I have interpreted your suggestion correctly.
I don't believe this will work as you will still have a legal (contract) obligation to repay what you borrowed. This second issue that I see with this is that the lenders will have a real bad need to be repaid, so, especially in the cases of large ticket items, they will repossess as much as possible. If there are items (like motor vehicles, boats, rv's, etc.) which you have equity in, you will lose the item and the equity you have built up. Don't forget that the "bankers" have all the laws in place to protect them and screw the little folks.
YES, predominantly you did 'get' what I was saying. Kudos!
Allow me to set a *bit* more context before you that will 'illuminate' matters a teensy-weensy bit better, S'OK?
In ALL previous Civil/Cultural Implosions the range of the effect was - invariably - limited.
Fall of Rome, Weimar Germany, etc, etc, ad infinitum. However, THIS TIME will be categorically DIFFERENT: this time nowhere - at least in the West - will remain 'untouched' by the financial Carnage unleashed as ALL Western Finacial Edifices go up in SMOKE. Simultaneously ALL Law and Order will also vanish in the Twinkling of an eye...ergo, WHO - exactly - is going to come around demanding PAYMENT?
Answer: No One. Period.
The underlying rationale is not all THAT complicated IF you understand exactly what has been 'under construction' for the last Century. Our "Grand MASTERS" long ago began a generations long plan to suborn literaly everything which you or I would point to and say 'See, Civilization!' in order to GAIN Power - absolute, unlimited Power over EVERYTHING.
WORSE, they succeeded.
If you do not grasp those factors then 'prima facae' the advice I gave previously seems absurd and self destructive; I GET IT.
If so, then just return here and say "Nah, I don't GET IT"...and I'll GIVE you in return ALL things neccessary to GRASP what DOES underlie all things now.
Is this some off-the-wall wierd-assed Altruism? Nope, nothing of the sort Sir. Instead it is an 'effort' on my part to have as many people - as POSSIBLE - fully aware of the new rules which will be effect on 'the Playground' when TSHTF. The Reason: each and EVERY person who enters IN to the 'Singularity' oncoming will be one less RAVENING, RAMPAGING, MUDERING ASSHOLE whom I'll have to contend with.
In a financial collapse, the bankers still own 98% of everything. The devil will get its due. Going into a total collapse, there will be some entity to rush in to take control (Chinese, Russians, Moslems?) If they don't collaborate with the bankers, then they will grab all. Or a revolution of awakened patriot types taking command,
NOPE..what you're 'thinking' is that in some sense a Rule of Law STILL exist...it WON'T. The Carnage they intend to create THUS TIME will simply obliterate all such...which IS exactly thier INTENT.
THOSE have - in essence - STOLEN the WEALTH of the Earth...damn near all of it and they are ACUTELY aware (as ALL Thieves ARE) that a Reckoning WILL come...and in thier SLEEP they DREAM NIGHTMARES of all the things one could imagine that 8 plus BILLION people WILL do TO THEM WHEN 'We, the People' DO CATCH UP TO THEM.
Ergo..we CANNOT be allowed to exist in numbers which CAN threaten them. Period.
It is very difficult indeed to 'pry OPEN the Lid of the box' constructed to contain your thought, it's RANGE that is. VERY.
Sooo...HOW then would they DO THAT? THAT is the next question to place your attention ON. Nuclear WAR?...Nope, that instantly produces 'Nuclear WINTER' and ALL Life in the Northern Hemisphere simply DIES. As well, a pall of Nuclear Fallout shrouds the same in a Death Shroud. So, scratch THAT notion summarily. Nope, Uh-Uh.
They might attempt to place serious Solar Blocking agents in the very highest reaches of the Statosphere, retire to luxurious bunkers underground - powered by a multitude of NMR - Nuclear Modular Reactors - and simply wait 50 years, thereby leaving the Earth unpoisoned...possible. Especially since Bill Gates just DUMPED a VAST amount of his MONEY into exactly that - NMR's - AND was the one ATTEMPTING to run a Start-up to do exactly what I mentioned above. A 50% reduction in Sunlight - on average, globally - would ENTIRELY do the 'Trick'.
However, the dynamics of our Atmosphere are WELL beyond any real form of deterministuc analysis and such an effort MIGHT WELL backfire, producing a Ten Thousand year Ice Age...even THEY don't have the resouces OR technology...YET, to survive that long in BUNKERS. They COULD...if they had Fusion Reactors, which basically run on WATER, or rather the Hydrogen bound within it. Still, 10,000 years is a LONG time, ain't it?
No, I am become convinced that the APEX Predators amongst us have ANOTHER means in mind to solve thier 'Problem', thier "Final Solution" as it were.
I am a bit weary this evening Sir and so will leave you with the foregoing to dwell upon, leaving you with a Single, Final thought for this evening. I am wholly convinced that we will soon experience the outbreak of 'something' which spreads through populations like WildFire and leaves the merest handful of people ALIVE in it's wake. If I WERE THEM that is WHAT I would do, leaving not enough ALIVE to even begin burying the DEAD.
Ever seen the movie "Jupiter Ascending" with Mila Kunis and Channing Tatum?
In that the supposed 'Progeniters of Life on Earth' are - in fact - not from Earth. Yeah, they LOOK exactly like us...but aren't, instead, we've been 'seeded' here, by them, for the SOLE purpose of reaching a population 'critical mass' at which time they 'Harvest' every single human on Earth to extract a substance that effectively allows them to exist youthful for ten's of thousands of years.
Pure SciFi, yuppers? Maybe not; at least in the following sense...
Since the Creation of the Federal Reserve - ostensibly done to suppress boom/bust cycles - IN FACT, said cycles have worsened dramatically. Why?
That would be because the FED was never intended to be a mechanism by which the Economy was to BE stabilized. INSTEAD, the ACTUAL PURPOSE of the FED was to emplace and situate a 'device' for HARVESTING US...or rather, everything we had at a given time that was of VALUE to them.
Astonishingly, it not only WORKED, but given a little basic prudence in how OFTEN they 'pulled the Rug OUT from under US' they noticed an 'odd' thing, whIch DELIGHTED them BEYOND MEASURE.
Once the RUG got YANKED and they ALLOWED us to have something again, we WORKED TWICE AS HARD!
Simply MARVELOUS, they thought...we can do it more often and more DEEPLY and soon WE will be the 'Masters of the Universe'!!
Hmm...sounds to me like they got it RIGHT. However, each time this occured, it left a SCAR in our Collective Psyche...one that 'Our Masters' knew full well WOULD eventuate into a VERY BAD circumstance - for them - wherein Guillotines, Rope for NOOSES, Burning at the Stake ALL figured prominently.
Sooo...naturally, thier GLORIOUS PLAN, thier 'Golden Goose', would actually HAVE to be COOKED, some day in the Future.
Want to guess exactly where we are in that timeline NOW? BINGO, y'all got it on the FIRST GUESS!!!
NOW..or very, very shortly hereafter.
They simply CAN'T allow US to go on, since - sooner or LATER - we'd eventually figure it out - enough of US would - and THE WILD HUNT would be ON.
In closing, regard for a Moment Hopi Prophecy;
"There will COME a Time when those in High Places are HUNTED. They will turn on thier Hunter's, and it WILL GET OUT OF HAND."
BTW, that last, ALL CAPS section is "Hopi-Speak for a REALLY SERIOUS SHIT-FIT, basically, ARMAGEDDON.
Cheers Y'all...JOG
"It's a WONDERFUL DAY in the Neighborhood, a WONDERFUL DAY for a Neighbor...would you be MINE, could you be MINE?"...
That’s got to be a kick in the head for Many! Since I’m homeless having been ordered out of my lady friends house after she was detained on a false charge of domestic violence on me and had no way to estopple the Stealing of her house, I was ordered out under threat of arrest as one can imagine and told my property was not mine etceterrah A real clusterFuq the system scammed upon us to rob and sell the home out from under us ! This is not the half of the Unscrupulous shit we have endured. Sorry for the Rant but I see the failed State all around me and a reckoning looks more and more likely as the homeless numbers Grow !
Now the Guga-Wealthy are monomaniacally FICUSED on the acqyistiin of just 'EVERYTHING' that will SERVE them after we are all JUST FERTILIZER. Robotic, Seld Druving Semi-Trucks, Jihn Deere Autonomous Farm Eqyiptment - requiring NO HUMAN assitance - NMR's which seversl of the Giga-Rich have jumoed into to the tune of about 30 Billion dollars. Thise are 'Modular Nuclear Reactors', hermetically SEALED, generating from 30-40 Mw per, lasting uowards of 30 years IF used sparingly. However, IF you have several Billion in 'pocjet cgange' laying around then why not by 20 or 30 of those and KNOW that you have POWER for potentially Centuries? Why Not?
Everything up until now has been 'THEM' waiting for the Technology to RIPEN to the point where they can 'pull the trigger on "THE FINAL SOLUTION". Yeah, like the Nazi's did for the Jews in WWII...But on a GLOBAL scale.
' We' the People' aren't a nuisance to that segment, instead we ARE an existential THREAT to them...one they WILL attempt to rectify shortly.
Soooo...get OUT, FAR out into way out of the way places that are resource RICH, especially in terms of the local BIOME.
Oops, my tablet is all but DRAINED Sir, Adois for the nonce Daniel,
How long until our government can't make its payments either? Wait until the banks fail and the stock market crashes, then the fun will really get started.
Even though the CPI report wasn't great and retail sales are flat, the Dow went up 350 points, probably due to the increase in meme stocks. If you don't see that our economy is all smoke and mirrors, I don't know what to tell you.
They can’t make the payments now unless they threaten government closure in order to increase the debt ceiling. They are borrowing the money to service the debt, to pay only the interest in that term. It’s like you calling your credit card company asking for a credit line increase so you could take out a cash advance on your credit card in order to make your next few payments. Wonder what rating Moody’s gives us now?
On a completely different matter but not disconnected, what do you think the world will decide to do with 350MM people that suddenly go bankrupt personally and nationally and have no resources or higher skills to survive? Do you think they will donate to those people’s welfare or write them off as a murderous bad debt?
Here. Here!
Your analysis is excellent Alanna! Kudos therefore Ma'am!
The Federal Reserve's 'actual' Mandate has NEVER been to provide stability of the Market as is EASILY SEEN by the simplest examination of the 'Boom/Bust' cycle which ostensibly it was CREATED to suppress/address. Ere it's inception in 1913, certainly there were such cycles - of a more 'organic' sort - however, AFTER it's Creation thereafter followed the Great Depression; Greater by FAR than any that had preceded it. SURELY, a 'One-Off' right? Not quite.
Quasi-cyclically thereafter - lesser B/B cycles were seen. So, the Fed IS/WAS doing it's J O B...Yay!! Nope...after the 1929-1930 debacle - which might well be attributed to a tactic of 'Shock and AWE' needed to fully ensconce the FED directly in the 'Driver's Seat'...beyond ANY Hope or Question of it's Authority/Legitimacy, well, put simply 'Mission Accomplished'.
Thereafter, none such gargantuan Economic Woe was needed or called for. From WELL behind the scene's the Fed began QUIETLY to cement it's Iron Grip on Power. In part this was done in the USUAL MANNER that the Apex of the Pyramid ordinarily employs: By TELLING 'We, the People" that they are THERE to HELP, and at all times remaining outside the GRASP of anyone attempting to Audit it, by the simple expedient of using it's burgeoning power to quash anysuch investigation of it's activities.
Once the DIGITAL AGE commenced things became VASTLY easier for our "Friend, the FED".
A short diversion into history is now apropo. The CIA began it's existence by morphing FROM THE OSS (OFFICE of Strategic Services) into it's new, nascent form. That NEW form was structured to 'de-couple' it from ANY Oversight incrementally until everything it touched was effectively a "Black Op". To do that the CIA needed a virtually inexhaustible source of Funding SEPARATE from ANY oversight at all. Enter the Vietnam conflict which placed BOTH American Forces directly where the CIA MOST needed them...in order to serve as cover for the actual objective: Running drugs out of Cambodia, predominantly, Heroin AND GAVE THE CIA it's REASIN ti ooerate in the region. Once that Op was up and running the CIA had it's inexhaustible source...
Then a Dark 'Miracle' occured; the advent of Cell Phone technology. The already existent NSA was already in-place and WAITING like a Terrible Spider in it's Web for EXACTLY that occurance.
Thereafter, an avalanche of personal data on simply EVERYONE, EVERYWHERE POURED into thier somewhat primitive storage facilities. The developing technology underlying the Digital Age followed an exponentially increasing curve. Within 10 years the NSA was orders of magnitude more robust in it's collection, storage and analysis faculties that it had been.
Fast forward to roughly 2010. At that point the NSA collected it's entire organization and relocated to it's REAL, NEW HOME, in Utah. This facility was tailor-made to accomodate all the organizations need's for the foreseeable future.
Consisting of a single, double Story above ground structure, sitting exactly on top of a 14 layer subterranean facility, the NSA became in effect 'Impregnable'. All of the preceding regarding the NSA's new home is simply a matter of Public Record, FWIW.
There, EVERY system was rebuilt using State of the Art equiptment - continuously updated periodically with the most cutting edge tech available. By 2011 that included Mass Storage capable of storing quintillions of Libraries of Congress, Processing courtesy of IBM, in the form of three IBM Jaguar Super-Computers continuously monitoring every electronic communication on Earth. How?
Rather easily actually, by way of various surreptitious Laws passed by our WONDERFUL Congress granting the NSA FULL Authority to TAP every Telecom Node in the USA, with DIRECT TAPS intilo ALL network Switches; which no employees of said Companies were EVER allowed ACCESS to. Thus was the USA sewed into a 'Trick Bag'. The rest of the World was rather more easily suborned. Most intercontinental Comms were either conducted over Undersea TelCo cables OR increasingly, over SatCom transmissions. The undersea cables were already attached directly to the TAPPED US network, but the SatCom network took a bit of revamping in order to fully integrate it into the 'Collection Grid'.
Thereafter the NSA monitored - in REAL TIME: ALL Voice translated Speech to Text by the Trio of Jaguars, all else analyzed thereby, ALL STORED in perpetuity - the communications of every Citizen, Congressman, Senator and President in all time since...roughly by 2015.
IMAGINE ALL THE DIRT that got drug up and perma-stored in an Archive so VAST.
The Subordination of the Governance of the Country to the Intelligence Services was COMPLETE...and TOTAL. Thus EVERY Political apparatchik is suborned even before they take the Oath of Office. Repeatedly, Congressman and Senators have almost openly admitted thier STARK TERROR of reprisal against them should they NOT 'Toe the LINE'
That concludes today's History Lesson Kiddos
Adios Muchachos..be Well, be SAFE (as much as you can) and BE BLESSED,
JOG
Buen trabajo, mi amino!
Here's a little history lesson video on how to destroy an economy:
https://t.me/phil_godlewskii/19515
Notice how we seem to be following this course on purpose.
Howdy Y'all,
It AIN'T JUST ME pushing the FED narrative:
https://www.zerohedge.com/political/inflation-isnt-bug-system-its-feature
Told you so...
Cheers...JOG
The fact is the FEDs mandate is to maintain market stability,
Congress has given the Federal Reserve's monetary policymakers a mandate and the independence with which to pursue it. The Fed's modern statutory mandate, as described in the 1977 amendment to the Federal Reserve Act, is to promote maximum employment and "stable prices".
How they do that is to play the interest rates against the markets. From a meeting I attended at the St Louis Fed it was clearly stated that everything done from 2008 to 2018 utterly failed and at some point this will all fail. They will default deliberately to drop the dollar as the world currency and replace it with a gold backed digital dollar. The timing will be to pull the trigger on the default when they can blame the default on someone, like Christians, Russians. It's not a matter of if but when.
Howdy Daniel!
My but you do 'get around', eh? Kudos Sir!
Yes, that is the 'Party Line' however, even a cursory 'read between the lines' suggest otherwise. "When Words and Actions disagree, believe ONLY the Actions you witness; NONE ever act contrary to thier True Objective..."
Thus and so...
No, as I detailed above, the 'Public statements' made by the Fed WHOLLY contradict thier ACTIONS. The Great Pyramid which is the actual schematic of the REAL HIERARCHY defining POWER in this country and all others now, is almost completely obscured - deliberately - since THOSE utterly despise being exposed to the Light of Day. By that you may well - and correctly - equate those with something else with a LARGE aversion to Light: Cockroaches.
The Fed HAS the POWER to anihilate everything...and as 'We, the People' ARE an existential THREAT to those resident at the Apex of the Pyramid, coexistence is NOT the GOAL, assuredly.
Brandon Smith over at alt-market.us is - and has - been eerily prescient on the 'move and countermove' we would see over time, usually at least a year or more in ADVANCE of any indication even being smelled far off by others...
The CBDC's are the lowest tier of a hierarchy whose Apex is the basket of Currencies called Special Drawing Rights, or SDR's for short...I recommend you acquainting yourself with his thought, it will be INSTRUCTIVE, I'm sure.
Be well Brother...and BEAR DOWN HARD in getting your Preps in order. First, GTFO as far from CIVILIZATION as you can; that will simply become a Mad Max scenario once the FED pulls the rug out from under EVERYONE. Believe me my Friend.
Be well, SAFE and Blessed Sir...
JOG
Totally guessing here. Would the coming very possible hyperinflation save these debtors ?
NO hyperinflation will devalue assets of deborts the debt of debtors will just get worse. There is no way out of this but a full blown default.
Yuppers Daniel!
GOOD CALL mi Amigo!!
JOG
If it occurs it will. If I earn $100,000 a day then my $200k in old dollars credit card debt will be paid off in no time!
Scary possibility. With this bunch anything is possible. That’s what happens when you’re conscience is comatose. Gotta stay in power by any means necessary, you know! Four more years, four more years! But hey, no worries, right? Soon you’ll own nothing and be happy! Hello 2030 if we’re alive then. I can’t wait!
Do you really think making all the egregious errors, foibles they commit in the face of all the world to see is an expression of power? It is the epitome of yoked servitude at the hand of an even greater masked bandit. The hidden hand has marionetted the very leaders you believe you voted for as sincere candidates (another delusion)and has hypnotized them to destroy their own countries in western civilization.
Howdy JC,
In a word "NOPE".
"Deflation" saves OUR Butts...Inflation - especially "Hyper-Inflation" saves THEIRS.
Read up on Weimer Germany, ie, Germany during the 1920's. THEY experienced real, full-bore Hyper-Inflation.
An anecdote thereon...
Workers would NOT wait to be paid at the end of a DAY...they DEMANDED thier Employers PAY them at Noon. Why?
Simple, IF they waited until dayend then thier PURCHASING power was SO reduced that the Loaf of Bread that they could have bought at Noon was so expensive by evening that they COULDN'T afford to buy it with thier 'daily' wages.
Does THAT sound 'GOOD for us'? Methinks NOT.
Be Blessed, be well...BE SAFE...SINCE now time IS short.
Cheers...JOG
Michael, it was and is a well-oiled plan but they will make a mistake. 😎
Homo Sapien is likely the only animal on the planet that sets traps out then steps in them. The one time to carry a credit card balance is when it has a 0% interest rate and you know you can pay it back. Speaking of credit card interest rates, where are our reps in Congress? If they cared for their constituents they would pass a bill limiting the ridiculous rates credit card companies charge.
because the FED is in charge not congress.
Howdy FF,
Umm, maybe a 'slight' revision of what you suggest is worth considering.
Under all 'normal' circumstances, certainly keeping one's overall debt 'pared down' is pure prudence, undeniably so.
HOWEVER, if one had a 'Crystal Ball' and could FORSEE impending Catastrophe then I submit that instead of mere prudence, one might instead consider going 'whole Hog', running your credit to - just - OBLIVION. Why?
This 'suggestion' ONLY applies if and WHEN it becomes evident that the Runaway train is - in fact - about to run off the rails. Naturally, that isn't EXACTLY the easiest call to make.
Here's the 'Rub' so to speak...
Centuries ago, one's WEALTH was determined by what one OWNED, laid CLAIM to and often obtained at the point of something wicked sharp. Well, after the fact, you ALSO were COMPELLED to defend all such against everyone else who WANTED what you HAD. Simple enough.
An interesting feature of that 'system' was that the COST of defending 'your STUFF' mounted UP real quick, hence limiting the amount which you could lay claim to and HOLD...unlike today, where the Apex Predators in our current system can - and DO - acquire amounts of 'Stuff' that passes beyond the bounds of the Wildest Dreams of Avarice....all as a 'quirk' of MONEY
In what is on approach now, we are at the brink of abandoning the entire Monetary 'Construct', ie, MONEY itself, returning to the Age of THINGS, as both a store of and measure of Wealth.
I never needed 'excess WEALTH' myself but I always did well obtaining ALL that I needed to ensure my comfort and security, not exactly 'Sumptously', but WELL indeed, instead.
So, JUST before one perceives that the 'Matrix' is on the Cusp of dissolving, then you go out on a Spree; acquiring EVERYTHING you think that will SERVE to support you AFTER the FALL.
Just a thought, and it goes without saying that your 'Timing' would neccessarily must need be 'exquisutely' precise, eh?
They say to us, "Let them eat Cake", I say "Let them CHOKE on the DEBT they so freely extended."
Life is SOLELY A "Pass/Fail" proposition, treat it as such.
Good Luck...
Be well, SAFE and be Blessed also,
JOG
Again another totally stupid and selfish act that will end in disaster. There is no way out of this. when will we wake up that the party is over.
What you suggest, if I properly understood it, was to go on a credit-financed buying binge right before the whole financial system goes belly up. I believe you think that when everything goes kerplunk, your extended credit purchases will additionally burden the lenders, and that because the system has imploded, you won't have to repay the lenders. I hope I have interpreted your suggestion correctly.
I don't believe this will work as you will still have a legal (contract) obligation to repay what you borrowed. This second issue that I see with this is that the lenders will have a real bad need to be repaid, so, especially in the cases of large ticket items, they will repossess as much as possible. If there are items (like motor vehicles, boats, rv's, etc.) which you have equity in, you will lose the item and the equity you have built up. Don't forget that the "bankers" have all the laws in place to protect them and screw the little folks.
Howdy FF,
YES, predominantly you did 'get' what I was saying. Kudos!
Allow me to set a *bit* more context before you that will 'illuminate' matters a teensy-weensy bit better, S'OK?
In ALL previous Civil/Cultural Implosions the range of the effect was - invariably - limited.
Fall of Rome, Weimar Germany, etc, etc, ad infinitum. However, THIS TIME will be categorically DIFFERENT: this time nowhere - at least in the West - will remain 'untouched' by the financial Carnage unleashed as ALL Western Finacial Edifices go up in SMOKE. Simultaneously ALL Law and Order will also vanish in the Twinkling of an eye...ergo, WHO - exactly - is going to come around demanding PAYMENT?
Answer: No One. Period.
The underlying rationale is not all THAT complicated IF you understand exactly what has been 'under construction' for the last Century. Our "Grand MASTERS" long ago began a generations long plan to suborn literaly everything which you or I would point to and say 'See, Civilization!' in order to GAIN Power - absolute, unlimited Power over EVERYTHING.
WORSE, they succeeded.
If you do not grasp those factors then 'prima facae' the advice I gave previously seems absurd and self destructive; I GET IT.
If so, then just return here and say "Nah, I don't GET IT"...and I'll GIVE you in return ALL things neccessary to GRASP what DOES underlie all things now.
Is this some off-the-wall wierd-assed Altruism? Nope, nothing of the sort Sir. Instead it is an 'effort' on my part to have as many people - as POSSIBLE - fully aware of the new rules which will be effect on 'the Playground' when TSHTF. The Reason: each and EVERY person who enters IN to the 'Singularity' oncoming will be one less RAVENING, RAMPAGING, MUDERING ASSHOLE whom I'll have to contend with.
A pleasure Sir,
JOG
In a financial collapse, the bankers still own 98% of everything. The devil will get its due. Going into a total collapse, there will be some entity to rush in to take control (Chinese, Russians, Moslems?) If they don't collaborate with the bankers, then they will grab all. Or a revolution of awakened patriot types taking command,
Maybe, I don't get it.
Howdy - again - FF,
NOPE..what you're 'thinking' is that in some sense a Rule of Law STILL exist...it WON'T. The Carnage they intend to create THUS TIME will simply obliterate all such...which IS exactly thier INTENT.
THOSE have - in essence - STOLEN the WEALTH of the Earth...damn near all of it and they are ACUTELY aware (as ALL Thieves ARE) that a Reckoning WILL come...and in thier SLEEP they DREAM NIGHTMARES of all the things one could imagine that 8 plus BILLION people WILL do TO THEM WHEN 'We, the People' DO CATCH UP TO THEM.
Ergo..we CANNOT be allowed to exist in numbers which CAN threaten them. Period.
It is very difficult indeed to 'pry OPEN the Lid of the box' constructed to contain your thought, it's RANGE that is. VERY.
Sooo...HOW then would they DO THAT? THAT is the next question to place your attention ON. Nuclear WAR?...Nope, that instantly produces 'Nuclear WINTER' and ALL Life in the Northern Hemisphere simply DIES. As well, a pall of Nuclear Fallout shrouds the same in a Death Shroud. So, scratch THAT notion summarily. Nope, Uh-Uh.
They might attempt to place serious Solar Blocking agents in the very highest reaches of the Statosphere, retire to luxurious bunkers underground - powered by a multitude of NMR - Nuclear Modular Reactors - and simply wait 50 years, thereby leaving the Earth unpoisoned...possible. Especially since Bill Gates just DUMPED a VAST amount of his MONEY into exactly that - NMR's - AND was the one ATTEMPTING to run a Start-up to do exactly what I mentioned above. A 50% reduction in Sunlight - on average, globally - would ENTIRELY do the 'Trick'.
However, the dynamics of our Atmosphere are WELL beyond any real form of deterministuc analysis and such an effort MIGHT WELL backfire, producing a Ten Thousand year Ice Age...even THEY don't have the resouces OR technology...YET, to survive that long in BUNKERS. They COULD...if they had Fusion Reactors, which basically run on WATER, or rather the Hydrogen bound within it. Still, 10,000 years is a LONG time, ain't it?
No, I am become convinced that the APEX Predators amongst us have ANOTHER means in mind to solve thier 'Problem', thier "Final Solution" as it were.
I am a bit weary this evening Sir and so will leave you with the foregoing to dwell upon, leaving you with a Single, Final thought for this evening. I am wholly convinced that we will soon experience the outbreak of 'something' which spreads through populations like WildFire and leaves the merest handful of people ALIVE in it's wake. If I WERE THEM that is WHAT I would do, leaving not enough ALIVE to even begin burying the DEAD.
Good Night Sir...
Be Well; SAFE and Blessed also,
JOG
Howdy Y'all,
Ever seen the movie "Jupiter Ascending" with Mila Kunis and Channing Tatum?
In that the supposed 'Progeniters of Life on Earth' are - in fact - not from Earth. Yeah, they LOOK exactly like us...but aren't, instead, we've been 'seeded' here, by them, for the SOLE purpose of reaching a population 'critical mass' at which time they 'Harvest' every single human on Earth to extract a substance that effectively allows them to exist youthful for ten's of thousands of years.
Pure SciFi, yuppers? Maybe not; at least in the following sense...
Since the Creation of the Federal Reserve - ostensibly done to suppress boom/bust cycles - IN FACT, said cycles have worsened dramatically. Why?
That would be because the FED was never intended to be a mechanism by which the Economy was to BE stabilized. INSTEAD, the ACTUAL PURPOSE of the FED was to emplace and situate a 'device' for HARVESTING US...or rather, everything we had at a given time that was of VALUE to them.
Astonishingly, it not only WORKED, but given a little basic prudence in how OFTEN they 'pulled the Rug OUT from under US' they noticed an 'odd' thing, whIch DELIGHTED them BEYOND MEASURE.
Once the RUG got YANKED and they ALLOWED us to have something again, we WORKED TWICE AS HARD!
Simply MARVELOUS, they thought...we can do it more often and more DEEPLY and soon WE will be the 'Masters of the Universe'!!
Hmm...sounds to me like they got it RIGHT. However, each time this occured, it left a SCAR in our Collective Psyche...one that 'Our Masters' knew full well WOULD eventuate into a VERY BAD circumstance - for them - wherein Guillotines, Rope for NOOSES, Burning at the Stake ALL figured prominently.
Sooo...naturally, thier GLORIOUS PLAN, thier 'Golden Goose', would actually HAVE to be COOKED, some day in the Future.
Want to guess exactly where we are in that timeline NOW? BINGO, y'all got it on the FIRST GUESS!!!
NOW..or very, very shortly hereafter.
They simply CAN'T allow US to go on, since - sooner or LATER - we'd eventually figure it out - enough of US would - and THE WILD HUNT would be ON.
In closing, regard for a Moment Hopi Prophecy;
"There will COME a Time when those in High Places are HUNTED. They will turn on thier Hunter's, and it WILL GET OUT OF HAND."
BTW, that last, ALL CAPS section is "Hopi-Speak for a REALLY SERIOUS SHIT-FIT, basically, ARMAGEDDON.
Cheers Y'all...JOG
"It's a WONDERFUL DAY in the Neighborhood, a WONDERFUL DAY for a Neighbor...would you be MINE, could you be MINE?"...
That’s got to be a kick in the head for Many! Since I’m homeless having been ordered out of my lady friends house after she was detained on a false charge of domestic violence on me and had no way to estopple the Stealing of her house, I was ordered out under threat of arrest as one can imagine and told my property was not mine etceterrah A real clusterFuq the system scammed upon us to rob and sell the home out from under us ! This is not the half of the Unscrupulous shit we have endured. Sorry for the Rant but I see the failed State all around me and a reckoning looks more and more likely as the homeless numbers Grow !
We have No Debts but it didn’t matter because greed is Their Steed !
Oh yes my Friend...the PARTY is OVER. Period.
Now the Guga-Wealthy are monomaniacally FICUSED on the acqyistiin of just 'EVERYTHING' that will SERVE them after we are all JUST FERTILIZER. Robotic, Seld Druving Semi-Trucks, Jihn Deere Autonomous Farm Eqyiptment - requiring NO HUMAN assitance - NMR's which seversl of the Giga-Rich have jumoed into to the tune of about 30 Billion dollars. Thise are 'Modular Nuclear Reactors', hermetically SEALED, generating from 30-40 Mw per, lasting uowards of 30 years IF used sparingly. However, IF you have several Billion in 'pocjet cgange' laying around then why not by 20 or 30 of those and KNOW that you have POWER for potentially Centuries? Why Not?
Everything up until now has been 'THEM' waiting for the Technology to RIPEN to the point where they can 'pull the trigger on "THE FINAL SOLUTION". Yeah, like the Nazi's did for the Jews in WWII...But on a GLOBAL scale.
' We' the People' aren't a nuisance to that segment, instead we ARE an existential THREAT to them...one they WILL attempt to rectify shortly.
Soooo...get OUT, FAR out into way out of the way places that are resource RICH, especially in terms of the local BIOME.
Oops, my tablet is all but DRAINED Sir, Adois for the nonce Daniel,
JOG
Oh God!
The infamous PHAT FINGER strikes again!
Mea Culpa mea culpa, mea culpa...
Be well - I AM ASHAMED - JOG