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Post by Entendance on Feb 25, 2023 6:04:46 GMT -5
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Post by Entendance on Mar 3, 2023 3:49:57 GMT -5
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Post by Entendance on Mar 11, 2023 2:51:44 GMT -5
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Post by Entendance on Mar 18, 2023 3:40:04 GMT -5
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Post by Entendance on Mar 21, 2023 6:07:54 GMT -5
US obsessed with idea of dealing strategic blow to Russia, says envoy
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Post by Entendance on Mar 27, 2023 4:25:59 GMT -5
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Post by Entendance on Apr 2, 2023 16:14:41 GMT -5
...The FDIC (Federal Deposit Insurance Corporation) currently has a capital of $128 billion dollars to support a total of $18 trillion deposits. So with 0.7% cover, it is guaranteed that the US government will soon need to step in as the next lot of US of banks fail. Same in Europe where the most EU banks and the ECB are in a terrible shape...
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Post by Entendance on Apr 14, 2023 10:29:58 GMT -5
Schectman reports that retail demand for gold and silver exploded after the recent U.S. bank failures and that while demand long had been heaviest in silver, demand lately has shifted to gold. He recommends purchase of smaller coin units for their greater liquidity and flexibility in spending. Weaponization of the U.S. dollar, Schectman notes, is uniting much of the world against the West and causing many nations to move out of the dollar. Meanwhile, he adds, central banks around the world are rapidlty adding to their gold reserves, indicating that some new international currency system arrangements will heavily involve gold. Schectman wonders if the looming destruction of the dollar is meant as U.S. policy. People should acquire the monetary metals, Schectman says, not to try to get rich but to protect themselves against the risk of currency destruction and the insolvency of banks.
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Post by Entendance on Apr 15, 2023 11:40:17 GMT -5
2023 So Far: -$1.1 trillion Last month, the US posted a $378 billion deficit...
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Post by Entendance on Apr 20, 2023 9:51:43 GMT -5
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Post by Entendance on Apr 22, 2023 6:36:52 GMT -5
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Post by Entendance on Apr 24, 2023 12:29:34 GMT -5
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Post by Entendance on Apr 27, 2023 9:48:00 GMT -5
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Post by Entendance on May 2, 2023 6:46:28 GMT -5
How many more bank failures will it take to shake Americans’ confidence in the ‘full faith and credit’ of the U.S. government?
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Post by Entendance on May 5, 2023 11:17:03 GMT -5
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Post by Entendance on May 16, 2023 11:54:31 GMT -5
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Post by Entendance on May 18, 2023 4:44:08 GMT -5
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Post by Entendance on May 24, 2023 2:05:43 GMT -5
They’re Taking the System and America Down – Bill Holter
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Post by Entendance on May 24, 2023 16:22:55 GMT -5
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Post by Entendance on May 28, 2023 2:06:46 GMT -5
“The debt ceiling deal “cuts” spending by 0.2% of GDP or about $50 billion. Is that good enough?” “Of the $80 billion Democrats appropriated to the IRS over ten years, the “deal” rescinds $1.9 billion. You read that right. That’s the kind of “get” that’s so good McCarthy agreed to increase the debt ceiling $4 trillion.”
Civil War, Nuke War & Financial War Destroy America – Steve Quayle Civil War, Nuke War & Financial War Destroy America – Steve Quayle
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Post by Entendance on Jul 19, 2023 11:53:59 GMT -5
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Post by Entendance on Aug 4, 2023 6:08:22 GMT -5
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Post by Entendance on Aug 9, 2023 5:37:35 GMT -5
Americans are being impoverished, poisoned, exterminated and REPLACED
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Post by Entendance on Aug 12, 2023 1:55:47 GMT -5
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Post by Entendance on Aug 14, 2023 4:30:00 GMT -5
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Post by Entendance on Aug 17, 2023 3:58:14 GMT -5
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Post by Entendance on Aug 19, 2023 4:42:37 GMT -5
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Post by Entendance on Aug 24, 2023 4:35:48 GMT -5
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Post by Entendance on Aug 25, 2023 4:41:18 GMT -5
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Post by Entendance on Aug 30, 2023 12:08:59 GMT -5
...Piepenburg opens with a sober look at US debt to GDP and Debt to Tax Receipts data to underscore the increasingly unsustainable profile of US debt levels and the increasingly ineffective solution of paying for that debt with “mouse-click” money. Piepenburg addresses the four turning points which placed America in this openly absurd situation. He then turns toward current, yet failed, policies to save a central bank and US system now trapped between a rock and a hard place… Debt levels monetized with fiat money are naturally inflationary. But now Powell is “fighting” this inflation with rising rates—which are dis-inflationary. Piepenburg explains how such temporary measures are ultimately inflationary, despite desperate attempts in DC to claim a slow victory over inflation. In the meantime, Piepenburg gives example after example of the hard rather than soft consequences of Powell’s “war on inflation,” which he compares to Napoleon’s march on Moscow—that is: You win a battle but lose the war. In the end, and despite dis-inflationary (and even deflationary market corrections), the end-game for an America with increasingly unloved bonds and increasingly distrusted dollars is more central bank liquidity—which by definition is inflationary. Of course, gold is then discussed as history’s most obvious answer to this equally historical debt and currency trap.
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