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Post by Entendance on Nov 3, 2017 7:19:07 GMT -5
"We are currently standing before one of the most unique and frightening periods in history. Never have there been so many extremes in so many different areas. In the last 100 years everything seems to have developed so much faster, including population, technology, inflation, debt, money printing, budget deficits, stock, bond and property prices, crypto currencies etc. All of these areas are now in an exponential growth phase. The final stage of exponential growth is explosive and looks like a spike that goes straight up..."***ONLY CONTRARIANS WILL SURVIVE***
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Post by Entendance on Jun 6, 2018 3:42:49 GMT -5
"If you live, work, bank, invest, own a business, and hold your assets all in just one country, you are putting all of your eggs in one basket. You’re making a high-stakes bet that everything is going to be ok in that one country — forever. All it would take is for the economy to tank, a natural disaster to hit, or the political system to go into turmoil and you could lose everything—your money, your assets, and possibly even your freedom." -Simon Black
Welcome to Fred & Entendance Beach! Qui bene amat bene castigat. In order to succeed, you must survive (Your First Loss Is Your Best Loss). Protect against unprecedented debt levels, bank bail-ins, government confiscation, derivatives implosion, central planning. Gold is instant liquidity. Gold has served as money/barter in every period of distress in history. Gold and silver are direct enemies of fiat dollars or fiat anything. Understand the virtues of going against the herd.
How Not to Lose Your Head and Your Money : Investing & Trading Investors Member Comments
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Post by Entendance on Jul 6, 2018 1:50:01 GMT -5
Fred & Entendance Beach, Mar 10, 2017 at 11:10am here "The purpose of NATO since the end of the Cold War in 1991 has been to destabilize Europe & encourage more war to pretend its not redundant"
July 2018 Craig Murray: NATO is a demonstrably useless institution Here
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Post by Entendance on Aug 12, 2018 7:08:17 GMT -5
The temperature is rising from the heat I feel desire burning in the street Uh, I'm missing you, you said you love me too Uh honey, where are you? Under this sky blue
Louisiana Sunday afternoon Lord, you got to help me make it through I can't wait to see my baby soon Louisiana Sunday afternoon
I can feel temptation in my bones But I'm sitting here in my room all alone Uh, I'm missing you, you said you love me forever Wish I was kissing you and we could be together
Louisiana Sunday afternoon Lord, you got to help me make it through I can't wait to see my baby soon Louisiana Sunday afternoon
Louisiana Sunday afternoon Lord, you got to help me make it through On this Louisiana Sunday afternoon Louisiana Sunday afternoon
I hear the tap, tap, tap, tap of your steps I hear the rap, rap, rap on my door Louisiana Sunday afternoon My baby is at my door, not a minute too soon My baby let me love him, love him through and through
Louisiana Sunday afternoon Louisiana Sunday afternoon I wanna see my baby, I wanna love my baby I wanna hug my baby, I wanna squeeze my baby
Louisiana Sunday afternoon Lord, you got to help me make it through I can't wait to see my baby soon Louisiana Sunday afternoon
The Entendance Beach Sunday Afternoon The drums me & Billy Rendo sempre grazie al Padre nostro che è nei cieli per avermi concesso l'opportunità di frequentare grandi maestri; gli rendo grazie per averLo riconosciuto anche nella natura che ha creato e nella musica. In questo cammino di lode e devozione è mio piacere condividere, con chi mi legge qui, alcune riflessioni circa il video che è in basso. A prima vista, chi non fosse interessato al ritmo sarebbe tentato di passare oltre; di fatto il maestro Billy Cobham qui dà una prova concreta di cosa sia l'autorealizzazione e cosa significhi essere Uomo per gli altri. Ascoltatelo durante l'intervista e comprenderete a cosa mi io mi riferisca. Per quel che mi riguarda, il ritmo ed il tempo nel ritmo è tutto, è matematica, è sintesi, è stile, è eleganza, è qualità. Senza ritmo in testa io mi perdo, senza suonare io sono perso, senza il mio senso uditivo sono nulla. Il ritmo occorre averlo dentro, anche per poterci andare contro; vi esorto a sentirlo dalle bacchette e dalla voce del 74enne amico Billy.
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Post by Entendance on Sept 7, 2018 6:16:22 GMT -5
Understanding The Slave Mentality
"...More than anything else, tyrants desire an apathetic population. Apathy breeds complacency and inaction, and it also encourages delusional thinking. Apathetic people tend towards the philosophy of pacifism as a means to vindicate their own behavior, but this is merely a mask designed to hide their fear. They might fear suffering, they might fear loss, they might fear failure, but they certainly have fear, and it stops them from standing in the way of developments that they know are evil in nature and that require an aggressive response.
Apathy can also be bred into a society through the use of false hopes. Tyrants conjure scenarios in which the public is made to believe positive “change” is about to take place, usually through politics. But, there will be no change for the better beyond the cosmetic. Things only get worse. In this process of conditioning, tyrants raise up the hopes of the masses, and then dash them to the ground over and over, until the public gives up.
The problem is not that things cannot change for the better, but that the public keeps playing by the rules of a game fabricated by the very people that are causing their misery. Stepping outside the constraints of that game requires us to take matters into our own hands rather than waiting around for others to make changes for us. It requires risk. If the farce of tyranny is to ever end, all awake and aware people will have to take many risks.
I have heard it argued that tyranny is a natural and inevitable product of human society. That tyrants cannot be avoided, that they will always exist and any attempt to remove them will result in them only being replaced with other tyrants. This is the pinnacle of the pathetic mindset. It is the dark void of nihilism.
One could also argue that there is no point to washing ourselves because we are just going to get dirty again tomorrow. But these people would eventually die of disease. If tyranny is a human constant, then rebellion must also be a human constant, otherwise, humanity dies or is turned into something unrecognizable." How People Become Easily Controlled By Tyrants
Your Beach & The Slave Mentality
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Post by Entendance on Sept 9, 2018 5:37:01 GMT -5
"...Come January, we will get another update of how much more of the world’s wealth these oligarchs have taken for themselves: the only surprise will be the precise volume of their new acquisition, and how little they have left for the rest of us. But we shouldn’t wait until then to grasp the urgency of the situation.
We need to act now to shine a light on their wealth, on the dark matter whose gravitational power is bending the fabric of our societies. We may have been ignoring Moneyland, but its nomad citizens have not been ignoring us. If we wish to take back control of our economies, and our democracies, we need to act now. Every day that we wait, more money is stacked against us." The real Goldfinger: the London banker who broke the world
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Post by Entendance on Jan 20, 2019 2:10:09 GMT -5
<Ecclesiastes tells us: “The thing that hath been, it is that which shall be; and that which is done is that which shall be done: and there is no new thing under the sun.” Myrmikan Research applies this principle to the subject of credit bubbles. The ancient Greeks discovered that debt could magnify wealth. The debtor feels richer from the use of the borrowed property, while the lender feels richer from the compounding interest yielded by his claim. Both indulge in consumption more freely. As long as the accumulating claims remain contingent, the bubble grows. But, eventually, someone asks to be paid, and the expanding claims on wealth must be reconciled to tangible wealth, much of which has been consumed. The first recorded credit bubble popped in 594 B.C. Athens. Threatened with a civil war of creditor versus debtor, the Athenian ruler Solon pulled down the mortgage stones to free the debtors and devalued the drachma by 27% to relieve the bankers. Every credit collapse since – from the Panic of A.D. 33 to John Law’s Mississippi Bubble to the Great Depression and many others besides – has followed Solon’s template of debt default and currency devaluation. “The natural remedies, if the credit-sickness be far advanced, will always include a redistribution of wealth: the further it is postponed, the more violent it will be. Every collapse of a credit expansion is a bankruptcy, and the magnitude of the bankruptcy will be proportionate to the magnitude of the debt debauch. In bankruptcies, creditors must suffer.” – Freeman Tilden, 1936 And against what is currency and debt devalued? Carl Menger, founder of the Austrian School of economics, was the first to explain that money is liquidity and that gold is the most liquid asset. Thus, gold has served as the reference point of value since the origins of money and is that against which currency must be devalued to relieve debts. Paper promises depreciate. “The faith is lost. All with one impulse people rush to seize the gold itself as the only reality left—not only people as individuals; banks, also, and the great banking systems and governments do it, in competition with people. This is the financial crisis.” – Garet Garrett, 1932 Myrmikan Research chronicles the collapse of the current, global credit bubble – the largest and broadest in history – analyzing current events from the perspective of Austrian economics and placing them in historical context.>
"The current credit bubble is larger than in 2008, but let us assume that the dynamics are the same as last time, that government revenue will decline by 20% and spending increase by 25%...the next credit crisis will see deficits explode past $3 trillion—annually." PDF Our Currency and Our Problem
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Post by Entendance on Feb 12, 2019 4:12:59 GMT -5
"... Venezuela was an oil monoculture. Its export revenue was spent largely on importing food and other necessities that it could have produced at home. Its trade was largely with the United States. So despite its oil wealth, it ran up foreign debt.
From the outset, U.S. oil companies have feared that Venezuela might someday use its oil revenues to benefit its overall population instead of letting the U.S. oil industry and its local comprador aristocracy siphon off its wealth. So the oil industry – backed by U.S. diplomacy – held Venezuela hostage in two ways. First of all, oil refineries were not built in Venezuela, but in Trinidad and in the southern U.S. Gulf Coast states. This enabled U.S. oil companies – or the U.S. Government – to leave Venezuela without a means of “going it alone” and pursuing an independent policy with its oil, as it needed to have this oil refined. It doesn’t help to have oil reserves if you are unable to get this oil refined so as to be usable.
Second, Venezuela’s central bankers were persuaded to pledge their oil reserves and all assets of the state oil sector (including Citgo) as collateral for its foreign debt. This meant that if Venezuela defaulted (or was forced into default by U.S. banks refusing to make timely payment on its foreign debt), bondholders and U.S. oil majors would be in a legal position to take possession of Venezuelan oil assets.
These pro-U.S. policies made Venezuela a typically polarized Latin American oligarchy. Despite being nominally rich in oil revenue, its wealth was concentrated in the hands of a pro-U.S. oligarchy that let its domestic development be steered by the World Bank and IMF. The indigenous population, especially its rural racial minority as well as the urban underclass, was excluded from sharing in the country’s oil wealth. The oligarchy’s arrogant refusal to share the wealth, or even to make Venezuela self-sufficient in essentials, made the election of Hugo Chavez a natural outcome..." Saker interview with Michael Hudson on Venezuela
"The latest extraordinary chapter in the bizarre world of Venezuelan politics is playing out before our eyes. After winning the 2018 presidential elections, Nicolás Maduro was inaugurated in January, only for the head of the National Assembly, Juan Guaidó -- a man whom, at the time, less than 20 percent of the country had even heard of -- to declare himself President..." How the Media Manufactures Consent for Regime Change in Venezuela
The Entendance Beach & Venezuela
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Post by Entendance on Feb 28, 2019 9:07:21 GMT -5
2019 banksters Cartel International Bank fines the last 20 years: Bank of America: $58.4B JPMorgan: $29.7B Citigroup: $17.2B Wells Fargo: $14.7B Deutsche Bank: $12.5B Goldman Sachs: $9.6B HSBC $5.7B ING $1.5B while Danske Bank is fined in the range of $8B over a $220B money laundering scandal, among others. When reached out for a comment, each bank had the same two words to say: "Worth it".
"We have often heard the predictions that the currency system will be reset at some point when the bankers can no longer keep the current ponzi scheme going. The current scheme involves the ability of the bankers to convince the population that pieces of paper rolling off a machine or digits created on a computer screen are real wealth. The education system has been successful in that regard.
Very few people actually understand what real wealth is or anything about economics. They have been led to believe that these things are too complicated for them to understand and it should be left to the experts. These same experts get richer as everyone else gets poorer. That is the way they have rigged the system.
Resetting the system and taking these con artists out of the loop can be as easy as refusing to accept paper or electronic money and only accepting gold and silver for payments. This sounds crazy on the surface but it is not impossible to do and it must be done before they can transition completely into electronic payment systems. Once they transition into electronic payments they will be able to control everything you do and buy.
If they do not want you to own guns or ammo they can simply ban all of these types of transactions. If they do not want you to buy gold or silver they can ban those transactions. If they do not want you to stockpile food they can limit how much you buy from week to week. With no way to buy outside of the electronic system, you will be totally under their control even more than you are now.
The simple way to bypass the control mechanisms meant to control you is to have a medium of exchange that is universal so it cannot be controlled by any one person or group. Many people see the block chain system as a good way to go because it is secure but there is something you need to keep in mind. This system requires the use of electronic systems to process and transmit these digital units. Those who control the electronic systems control the flow of digits. You may have a wallet full of coins but if you cannot connect to the person you want to trade with, how much are they really worth?
A system that cannot be controlled by anyone has been around for millennia. That system is gold and silver. The free market constantly adjusts the value of these metals when they are used as money. They are time tested and proven methods of exchange and stores of wealth.
A population that wishes to rid itself of the corrupt money makers has only to begin using gold and silver as the primary means of exchange. To be useful these metals must be present in sufficient quantities to act as an exchange mechanism in society. This means that individuals must exchange some of their fiat currency for these metals while they still can. With as little as two ounces of gold and twenty ounces of silver per household, the population of an area would have the quantities necessary to transition to a pure monetary system. At current prices three thousand dollars per household would set the population free of bankers and rigged monetary systems.
While this much gold and silver may not sound like very much you need to remember that since 1913 the dollar has been devalued by over 97%. The value of this much gold and silver one hundred years ago was quite substantial for a household to have. With the elimination of inflated currency the prices of goods can return to their real value in terms of gold and silver.
The only thing standing in the way of a new monetary system based on gold and silver is the population itself. The lack of understanding by the average person will ultimately doom society to the poverty and loss of freedom defined by fiat currencies. Until this changes, society will continue to suffer at the hands of those who control the production and flow of currency." How Individuals Can Reset The Financial System
"...The world needs a new generation of policymakers who don’t hobnob with billionaire speculators and who understand workers’ concerns. Unfortunately, the change will not come smoothly...
"...We are living in a world in which wealth is theft, as Karl Marx once said. The sooner this world ends, the better. People may despair in the coming years over the ensuing chaos, but a better world will emerge..." HERE
Popeulism Bono Style H/T Tom from Florida
Reset
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Post by Entendance on Mar 30, 2019 11:36:21 GMT -5
"...Western economies and societies have been taken over and are being run by and for the benefit of Central Banks and their associated elites who are now their effective governments, with all politicians being reduced to the position of being their minions, and are aided and abetted by a compliant media which they control. Over the past decade especially they have engaged in unprecedented interference and manipulation of the business cycle, creating money and debt on a vast scale and ironing out and eliminating necessary corrective periods or recessions, which has caused massive distortions and misallocation of capital. The result of all this has been a buildup of debt across all strata of society - corporate, Federal, municipal and private - to monstrous, frightening and ultimately catastrophic levels. Emboldened by what they see as their recent success in these matters, the danger now is that they take center stage in the equity markets, by printing up trillions to drive markets higher and higher eventually into a spectacular parabolic spike, which will be a virtuous circle for them until the music stops, at which point the resulting explosion will be on a par with the cataclysmic eruption of Krakatoa in 1883, which could be heard clearly over 3000 miles away. Egon Von Greyerz of GoldSwitzerland has written a series of lurid and terrifying essays about what will happen when this debt edifice comes crashing down, but of course most complacently dismiss him as a crank, or as an opportunist who is trying to scare people into gold which is his business, but unfortunately for all of us, Von Greyerz is right. It is also worth noting that, not being troubled by scruples of any kind, these elites will also implement NIRP (negative interest rate policy) and engage in bail ins, which is another name for stealing from customer’s accounts – and if the going gets tough they will help themselves to as much of account holders money as they see fit..." A Command Economy in the command of the Central Banks
Fred & Entendance Beach Members only: 3 pages on bail ins
H/T Tom from Florida
The Brexit Fiasco
◾The first problem with the EU is that, though it is called a union, it isn't really one. The EU is essentially an economic club; not a state.
As you already know here on the beach we support Brexit! Brexit campaign leader Nigel Farage has told Breitbart London’s James Delingpole that he is ready to keep fighting for Brexit, and despite the ongoing betrayal of the 2016 vote by the British political establishment he remains upbeat: here
Fred & Entendance Beach Members only: 5 pages on Brexit
INDIPENDENCE DAY JUNE 23, 2016
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Post by Entendance on Apr 5, 2019 4:32:49 GMT -5
May 14, 2019 The 70 Years of NATO: From War to War The US/NATO Planetary War System
"Telling The Truth About Government Is Dangerous Policy"
NATO ‘doesn’t need to exist’: Ron Paul to RT Video
"70 years ago NATO was born. In April 1949, The North Atlantic Treaty Organization (NATO) established what was designated as the doctrine of “Collective Security” under Art. 5 of the Washington Treaty. NATO has a sordid history of aggression and war crimes. The US not only continues to “occupy” World War II “axis countries” (Italy, Germany), it has used the NATO emblem to install US military bases throughout Western Europe, as well as in Eastern Europe in the wake of the Cold War, extending into the Balkans in the wake of NATO’s war on Yugoslavia. NATO is a criminal entity, an instrument of the Pentagon. There is no “Alliance”. There is military Occupation. What is required is a vast movement in Europe and North America in support of NATO-Exit. Michel Chossudovsky calls for a Country by Country withdrawal from the North Atlantic Treaty Organization as well as closure of US military bases." -Prof Michel Chossudovsky
NATO-Exit: Dismantle NATO, Close Down 800 US Military Bases, Prosecute the War Criminals NATO Expansion: The Skeptics Were “Proven Correct” NATO’s Expensive Anniversaries
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Post by Entendance on Apr 13, 2019 2:06:26 GMT -5
THE 2019 MUST WATCH VIDEO Chris Powell 21:39"...and I think that at that point the central banks got back together, I'm just guessing but they are the biggest players in the gold market, several banks got back together and said hey this is getting out of control, we got to start smashing the gold down in the futures market and I think it's what they did"
Adam Hamilton: Gold-Bull Breakout Potential
“There is an old saying that someone has a tiger by the tail. In other words: they think they have the situation under control, but when they let go, the tiger will maul them and kill them. That’s the problem central bankers have gotten themselves into. There is almost no way out of the situation they have created. As these radical policies have incrementally been implemented, they open the door for acceptance of the next increment of radical policies.” -Jeffrey Gundlach
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Post by Entendance on May 7, 2019 16:58:03 GMT -5
"...What you learn after a long life of experiences at all levels is that things take longer than you think. There is always a danger to believe that when you see a major problem in the economy that it will materialise very quickly. We have now learnt that things can take a lot longer than you expect. Thus patience is a very important virtue that is learnt from a long life of experiences..." HERE
"...WHEN that day comes, you want to be certain that you own only true, physical precious metal. Not shares in an ETF, and certainly not ownership in any kind of unallocated or pooled account. Only physical precious metal will break The Banks, and only physical metal will protect you when the day of Bullion Bank capitulation finally arrives." More here
The key is patience, he argues. one expert sees gold prices climbing to record heights of $3,000-$4,000 an ounce in the future
"...Our proprietary Fibonacci price modeling system is suggesting that Silver has set up an ABC bottom in Oct/Nov 2018 and has already initiated an A/B upside price leg that should result in a C or C/D/E price advance over the next few months. Our Fibonacci price modeling system is suggesting an upside price target of $22 per ounce for this move, which breaks the previous July 2016 highs of $21.22. We believe the ultimate upside target of this next bullish move is bear $28 to $29 based on longer-term Fibonacci price modeling..." More here
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Post by Entendance on May 14, 2019 2:31:40 GMT -5
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Post by Entendance on May 22, 2019 11:04:53 GMT -5
Fred & Entendance Beach, because this place is for Uncolonized Minds
On a practical level, how does manipulation like this occur on such a global scale? Are there any public records that point to all of this? As you likely know, a JPMorgan trader is awaiting sentencing right now for his participation in gold price rigging. What’s your reaction to this? Where do you think gold prices would be right now if not for this manipulation? What’s the true value of gold? If readers are interested in learning more, where should they go?
How to Unrig the Gold Market H/T Tom from Florida
“If you shut up truth and bury it under the ground, it will but grow, and gather to itself such explosive power that the day it bursts through it will blow up everything in its way.” -Émile Zola (Quando la verità viene rinchiusa sotto terra, vi si ammassa, acquista una forza di esplosione tale che, quando scoppia, tutto salta in aria.)
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Post by Entendance on Oct 12, 2019 2:50:57 GMT -5
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Post by Entendance on Oct 20, 2019 2:42:49 GMT -5
The ideal tyranny is that which is ignorantly self-administered by its victims. The most perfect slaves are, therefore, those which blissfully and unawaredly enslave themselves. -Dresden James
"This is what we're up against: a status quo that has institutionalized soaring inequality and rising poverty as the only possible output of defending the privileged few at the expense of the many..." E.If you're not part of the solution, you're part of the problem. -Sydney J. Harris
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Post by Entendance on Nov 10, 2019 2:57:22 GMT -5
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Post by Entendance on Nov 25, 2019 5:47:57 GMT -5
"...The financial crisis produced the longest recession in the post World War II era; 2.5 million businesses closed down and income and wealth inequality have grown to the highest rate since the Great Depression. The crisis also produced the slogan, “Banks got bailed out, we got sold out” by the Occupy Wall Street Movement. Unless a much broader segment of the American people engage this time around, we’re going to have a repeat of the banks getting bailed out and the American people getting sold out."
The Disturbing Advance Men for the Fed’s $3 Trillion (and Counting) Wall Street Bailout
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Post by Entendance on Dec 1, 2019 0:43:26 GMT -5
The Entendance Beach & Duck Duck Go:
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Post by Entendance on Jan 1, 2020 4:00:15 GMT -5
“If the entire system collapses, the gold stock provides a collateral to start over. Gold gives confidence in the power of the central bank’s balance sheet. That gives a safe feeling.” -Bob Moriarty here
E. on twitter
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Post by Entendance on Jan 14, 2020 2:55:27 GMT -5
14,000 nuclear warheads: this is madness
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Post by Entendance on Jan 18, 2020 13:02:14 GMT -5
The Entendance Beach & DEBT: 17 PAGES starting here
Meanwhile.... Blue Chip Performance: 1973-1974 Blue Chip Performance: 2000-2002 Blue Chip Performance: 2007-2009...Stupidity Chapter LX 2020: we forget
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Post by Entendance on Jan 29, 2020 16:54:08 GMT -5
"...it is really about who comes out the other side to rebuild the system; us or them."
Pandemic Smokescreen, Economic Collapse And "Climate Change"
The Entendance Beach & Coronavirus: here
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Post by Entendance on Feb 7, 2020 17:15:56 GMT -5
"...If a deadly coronavirus pandemic or some other one does erupt and there is a world depression, we should be very clear in our mind that globalism was the cause.
Countries whose governments are so thoughtless or corrupt as to make their populations vulnerable to disruptive events abroad are medically, economically, socially, and politically unstable. The consequence of globalism is world instability." Here
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Post by Entendance on Feb 22, 2020 3:45:57 GMT -5
Gold’s broken out despite a dollar with “no equal”, other than every other fiat in history. The bottom line as we find ourselves here this beautiful Saturday in late February? Economic contagion will hit most places before the coronavirus will. It’s called “the end of the world as we know it” for a reason. Whether we want it to come or not’s beside the point. It’s not a choice, so we might as well like it. If you have gold silver and skills? Then help in the rebuilding. But if you have none? Then good luck! Ain’t no doubt. – Half Dollar
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Post by Entendance on Apr 1, 2020 1:07:34 GMT -5
"...Most folks don’t realize this because the details are hidden behind the “we need to do whatever it takes” emergency measures and the alphabet soup of “facilities” being set up to pump the stimulus out. But at the end of the day, the trillions in forgivable loans and bailouts being funded come either directly from the public Treasury or from a reduction in purchasing power of our currency. Just as we were in 2008, we are being shafted to rescue the rich. But on a much larger scale this time. Chris walks through the numbers in today’s video.
These parasites are famous for saying “never let a crisis go to waste”. Perhaps it’s time for we citizens to do the same, and declare the current disaster as a reason to demand the risk-takers start eating their own losses."
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Post by Entendance on Apr 11, 2020 6:26:33 GMT -5
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Post by Entendance on Apr 30, 2020 5:44:35 GMT -5
"...And so we've reached the precarious state of disunion in which the only thing the warring elites can agree upon is that the Federal Reserve should rescue their private wealth, regardless of cost or consequences. America is doomed, not because its citizenry is incapable of adaptation, but because its ruling, warring elites are incapable of surrendering any of their wealth, power or control, or allowing anything to threaten their precious cartels and monopolies, starting of course with the key controlling monopoly, the Federal Reserve." The Pandemic Is Deepening America's Many Divides
"...With the US blaming China and the Chinese blaming the US, the truth is being lost in the fog of propaganda. The truth being that BOTH sides and the WHO made this pandemic possible, and that the elites on ALL sides have something to gain. The end game they desire is global governance, a one world digital currency system and a rationale for full spectrum surveillance of the citizenry. The pandemic allows them to have all of this, unless the people take action to fight back and disrupt their plans. Some people will call this “wild speculation” or “conspiracy theory”, but these people are either ignorant of the facts. The evidence is substantial. I have outlined it over and over again the past few months. Luckily, I do see a growing to counter the globalist script. Hopefully, we have the time and tenacity to stop them from getting what they want. Understand, however, that this crisis will not stop until the globalists are unseated. The current "wave" of the virus is only the first. Expect wave after wave of infections, and wave after wave of lockdowns by complicit government officials. And when COVID-19 doesn't scare people anymore, all the elites have to do is release ANOTHER virus with varied effects. To stop the lockdowns and to stop the pandemic we have to stop the globalists. We have to go to the root of the threat." The Crisis Won't Stop Until The Globalists Are Removed From Power
"The WHO has been handling the COVID-19 outbreak in a specific matter. It went from downplaying the virus and lobbying against travel bans from China to pushing for the constant lockdown of the world and its economy. There’s a method behind the madness: The WHO is using the pandemic to move towards a New World Order that is modeled after China’s oppressive regime."
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Post by Entendance on May 15, 2020 5:17:36 GMT -5
" Financialization was never sustainable, and neither was the destructive globalization it enabled.
All the happy-story analogies to past pandemics being mere bumps in the road miss the mark. A popular claim is that the 1918-1919 flu pandemic killed millions but no biggie, the Roaring 20s started the following year. It's onward and upward, baby, once we toss the masks. Wrong. Completely, totally, dead wrong. The drivers of the past 75 years of growth-- globalization and financialization--are dead, and so is everything that depended on them for "growth". (Growth is in quotes because once external costs and currency arbitrage are factored in, most of what's been glorified as "growth" is nothing but losses covered by accounting trickery.) Here's what's poorly understood: globalization and financialization die when they stop expanding. Just as a shark dies if it stops swimming forward, globalization and financialization die once they stop expanding, because their viability depends on expansion. Globalization and financialization have been losing momentum for years. Under the guise of "opening markets," globalization has stripmined every economy that can't print a reserve currency and hollowed out economies globally as only globally competitive sectors survive globalization. The net result is that once vibrant, diversified economies have been reduced to fragile monocultures completely dependent on global flows of capital and spending for their survival. Tourism is a prime example: every region that has seen its local economy crushed by global arbitrage and corporate hegemonies, leaving global tourism as its sole surviving sector, has been devastated by the drop in tourism, which was always contingent on disposable income and credit expanding forever. But credit can't expand forever, as it eventually runs out of income to service additional debt. Financialization is not just the expansion of credit and leverage to marginal borrowers; it's also legalized looting as the true risks of soaring debt and leverage are hidden in obscure financial instruments and bogus claims of "safety" and "hedging." Excesses of debt and leverage funneled into risky speculations inevitably end in default. Financialization manifests as asset bubbles and hyper-consumption as people who never had credit spend up to the credit limits and beyond. Both asset and consumption bubbles pop, pushing the financial sector that feasted off the unsustainable expansion of credit into insolvency. In other words, neoliberal globalization and financialization--essentially one dynamic-- are inherently destabilizing, as all the incentives are perverse and exploitive. Just as asset and consumption bubbles are inevitable, so too is the bursting of those bubbles and the devastation of everything that had become dependent on the expansion of those bubbles. The common good, long derided by those feasting on the excesses of globalization and financialization as nationalism, is now understood as the resilience and security that's been sacrificed at the altar of globalization and financialization. Food security, to take a basic example, is impossible once globalization has destroyed local agricultural production, and financialization has rewarded factory-farming since Big Ag can borrow capital at scales that only make sense in a world of globalized monoculture agriculture. Everyone touting 1919 as the model for 2020 is deeply ignorant of history and the destructive ontologies of globalization and financialization. There is virtually no overlap between the world of 1919 and the world of 2020 in terms of financial structures and excesses. That globalization and financialization are dead is revealed by what Federal Reserve bailouts and fiscal free-for-alls cannot do: 1. They cannot create creditworthy borrowers out of thin air like the Fed creates dollars out of thin air. 2. They cannot force lenders facing mass defaults to loan more money to uncreditworthy borrowers 3. They cannot force creditworthy borrowers to borrow money. 4. They cannot reflate asset and consumption bubbles that have popped. 5. They cannot restore confidence in long, fragile supply chains. 6. They cannot magically turn unprofitable enterprises into profitable enterprises. 7. They cannot create income streams--revenues, profits, wages, etc.--with bailouts that continue the perverse incentives of moral hazard or "free money" designed to give debt-serfs enough cash to continue making their loan payments. 8. They cannot forgive debt payments without destroying the wealth held as debt: mortgages, student loans, auto loans, credit card debt, corporate junk bonds, etc. are assets that lose their value once borrowers default. 9. The Fed can buy impaired debt, but that doesn't change their abject powerlessness (points 1 through 7 above). Financialization was never sustainable, and neither was the destructive globalization it enabled.
Any system that depended on the ever-expanding exploitation of new resources, debtors and markets could never be anything but fragile. The ferociousness of its rapacity masked its inherent weakness, a weakness that is now exposed as fatal." - Charles Hugh Smith
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