In Part 2: The Massive Coming Oil Shock, we connect the remaining dots that show an oil price spike caused by an oil supply shortage is inevitable at this point, likely within the next 2 years. Thought $5 a gallon gas was bad back in 2008? You're really going to hate gas $10 a gallon (yes, it could get that ugly).
An oil price of this magnitude will smash many a budget. Families on the edge will not be able to afford the gas to get to their jobs, nor the commensurate rise in price of all the other goods and services they depend on to live (as oil is an input cost in nearly everything). Millions of households will be financially wrecked many communities will become largely unlivable as they lose their anchor employers.
Add the popping of the financial markets on top of things, and we've got a true crisis greater than anything we've lived through so far. -- source
The German middle class was wiped out in the early 1920s, only 95 years ago. This was a deliberate plan by the Zionist Jews, who saddled Germany with enormous reparations for WW1 via the Treaty of Versailles. To pay those impossible reparations, Germany had to debase her currency. Germans suffered, and Jews flourished. If Hitler hadn't come along, Germany would have been Jewmany.
Americans have an oil addiction, created by decades of cheap and plentiful oil. Unlike older and more compact European cities, our cities, newer and sprawling for miles in every direction, are built around the gas-guzzling automobile. Could our oil addiction be our Achilles heel, and the way the Rothschild Zionist Jews (or ruling sociopaths) will bring America to her knees?
Will the next 9/11 be the collapse of our financial infrastructure, like in 1929, only much bigger?
Is Bitcoin an integral part of this scheme, the One World Order digital fiat currency the ruling sociopaths have long desired?
Take a look at how the quantity of "Dark Money" appears to manipulate the financial markets already. With that kind of control, aren't bigger changes being prepared?
Quote:
When I moved abroad to create and run the analytics department at Bear Stearns London as senior managing director, I got my first look at how dark money flows and its effects cross borders.
The “dark money” comes from central banks. In essence, central banks “print” money or electronically fabricate money by buying bonds or stocks. They use other tools like adjusting interest rate policy and currency agreements with other central banks to pump liquidity into the financial system.
That dark money goes to the biggest private banks and financial institutions first. From there, it spreads out in seemingly infinite directions affecting different financial assets in different ways. -- source
_________________ It's not that we can't handle the truth. It's that they can't handle us if we know the truth.
Tue Dec 19, 2017 6:25 am
Chicodoodoo
Site Admin
Joined: Tue May 03, 2011 6:06 pm Posts: 12359
Re: The money scam
Quote:
The real reason you’re not getting a pay raise Solving the “wage puzzle”: It’s not about inequality.
The economy is growing strongly, the unemployment rate has been at or below 4.5 percent for 16 straight months, but wage growth remains disappointingly low. -- source
Thus begins an analysis report of weak wage growth by a noted "financial expert".
Quote:
Jason Furman is a professor of practice at Harvard Kennedy School and a senior fellow at the Peterson Institute for International Economics. He was chair of the White House Council of Economic Advisers from 2013 to 2017. -- source
And the report is pure BS.
The economy is NOT growing strongly. It is sinking slowly. Government unemployment rate figures are NOT legitimate. They should never be used as a starting premise. Wages are NOT growing. If adjusted by the real inflation rate, wages are slowly sinking too. There is so much wrong with Furman's report, he should be stripped of his credentials and never heard from again.
But that's not the way the corrupt system works. Instead, Jason Furman will get more kudos to add to his list of "accomplishments". It is so disgusting to watch this sick system work.
Quote:
My interpretation of the wage puzzle produces a different answer: This is simply what a high-pressure economy looks like when productivity growth rates and inflation are both relatively low. -- source
While government-reported inflation rates may be low, real inflation rates are high. Everyone knows the government lies about inflation rates, deliberately understating inflation to minimize cost-of-living rate increases it is obligated to pay. Shadow Stats gives a much more accurate picture of genuine inflation rates compared to the bogus government-reported inflation rates. How can Jason Furman spew such nonsense and keep a straight face?
Oh, right. White House Council of Economic Advisers — he receives payment from the government.
_________________ It's not that we can't handle the truth. It's that they can't handle us if we know the truth.
Tue Aug 07, 2018 4:10 am
Chicodoodoo
Site Admin
Joined: Tue May 03, 2011 6:06 pm Posts: 12359
Re: The money scam
Sociopaths and the money scam are directly connected. The money scam is the primary control mechanism sociopaths employ against us. We are brainwashed to think it is normal, healthy, and necessary. It is none of those things.
We are deliberately kept ignorant of the money scam. It's essentially a secret. This secrecy is encouraged by the criminal minds who benefit from this control system. The invisible chains that bind us are made possible by this secrecy. We need to know. We need the truth.
Who Controls All of Our Money? (duration 21:33)
_________________ It's not that we can't handle the truth. It's that they can't handle us if we know the truth.
Mon May 20, 2019 7:46 pm
Chicodoodoo
Site Admin
Joined: Tue May 03, 2011 6:06 pm Posts: 12359
Re: The money scam
Quote:
In 2002, mega-investor Warren Buffett wrote that derivatives were “financial weapons of mass destruction.” At that time, their total “notional” value (the value of the underlying assets from which the “derivatives” were “derived”) was estimated at $56 trillion. Investopedia reported in May 2022 that the derivatives bubble had reached an estimated $600 trillion according to the Bank for International Settlements (BIS), and that the total is often estimated at over $1 quadrillion. No one knows for sure, because most of the trades are done privately.
As of the third quarter of 2022, according to the “Quarterly Report on Bank Trading and Derivatives Activities” of the Office of the Comptroller of the Currency (the federal bank regulator), a total of 1,211 insured U.S. national and state commercial banks and savings associations held derivatives, but 88.6% of these were concentrated in only four large banks: J.P. Morgan Chase ($54.3 trillion), Goldman Sachs ($51 trillion), Citibank ($46 trillion), Bank of America ($21.6 trillion), followed by Wells Fargo ($12.2 trillion). A full list is here. Unlike in 2008-09, when the big derivative concerns were mortgage-backed securities and credit default swaps, today the largest and riskiest category is interest rate products. -- source
The financial weapons of mass destruction are being deployed. With the fake COVID-19 pandemic and the fake COVID-19 vaccine, medical weapons of mass destruction have already been deployed on the public, with hundreds of millions of mislabelled deaths resulting. The economic weapon was deliberately planned by the ruling sociopaths to follow on the heels of the medical weapon, and the coup de grace will likely be the physical weapons of global war expanding out of the Ukraine conflict.
We are being set up for disaster. The motto of the ruling sociopaths is "Order out of chaos", which means they cannot implement their New World Order tyranny without plunging humanity into chaos first. Without total chaos, humanity would not allow the ruling sociopaths to succeed. With total chaos, humanity will be in no position to resist. The ruling sociopaths understand this and proceed accordingly.
Humanity needs to take them out before it is too late.
_________________ It's not that we can't handle the truth. It's that they can't handle us if we know the truth.
Tue Mar 14, 2023 10:31 pm
Chicodoodoo
Site Admin
Joined: Tue May 03, 2011 6:06 pm Posts: 12359
Re: The money scam
Quote:
Banks across America are sitting on $620 billion of 'unrealized losses' - assets which have decreased in value but have not yet been sold - - the head of the Federal Deposit Insurance Corporation warned.
News of the worrying shortfall came amid the closure of Silicon Valley Bank - the largest collapse since Washington Mutual in 2008.
As the government scrambles to prevent contagion, the Federal Reserve announced on Sunday night that all depositors would get their money back. -- source
A billion here, a billion there, and pretty soon you are talking about real money.
Quote:
If you’re old enough or a serious enough student of American government history, you’ll recognize the genesis of that quip. In the 1950s, Senator Everett McKinley Dirksen of Illinois, one of the great legislators and orators in our history (16 years in Congress and 18 in the Senate until his death in 1969) was said to have remarked, in his deep, throaty, baritone voice, “A billion here, a billion there; pretty soon you’re talking about real money.” -- source
But guess what? To the Federal Reserve, it is not real money. It's Monopoly money, that they just conjure up out of thin air. They can create any amount of money they want with the press of a keyboard. One quadrillion dollars in derivatives just defaulted? "Well, here's your money back, suckers." And now your money is worthless, because everyone can see its magical source and realize that what they've been slaving for all of their lives is just a nothing burger that the ruling sociopaths tell you has great value.
_________________ It's not that we can't handle the truth. It's that they can't handle us if we know the truth.
Wed Mar 15, 2023 2:29 am
Chicodoodoo
Site Admin
Joined: Tue May 03, 2011 6:06 pm Posts: 12359
Re: The money scam
Here is a real lesson in economics, a subject I hated in college, mainly because what was taught was mainly theory and fundamentally unrealistic.
Let's compare two economic choices for replacing the high pressure power steering pump hose on a 2000 Honda Accord with a 3.0L V6 engine. This is a real story, and I was the "knowledgeable friend" mentioned below.
Option 1: Pay a shop to do it. The average cost is $600 from a shop or $900 from the Honda dealer. Let's say the car owner earns $150 per day after taxes at his job and he is going to let a shop do the work. Our car owner has to work four days to earn the $600 required.
Option 2: Pay a knowledgeable friend to help you do it yourself. Your friend finds the hose on Amazon for $45 and you order it. The job of changing the hose turns out to be very challenging, and it takes you both about 5 hours of work to complete. Included in that is the time needed to locate and buy a special tool absolutely essential to disconnect one end of the hose in a severely cramped location (a 14mm crowfoot flare wrench, which costs $15). When the job is complete, the car owner pays the friend $130 for his help, and the friend is happy with the payment and happy to help a friend in need. The total investment for the car owner is $190 and 5 hours of work. That's the equivalent of working two days at the office for the car owner, compared to four days of work to pay a shop to do the job.
So the net result is the car owner got the job completed for half the cost, learned more about his car and maintaining it, and also learned more about his own ability to do "specialized" work that he had little experience with. How much is it worth to learn you can do a job that most people believe they cannot possibly do on their own?
Priceless.
_________________ It's not that we can't handle the truth. It's that they can't handle us if we know the truth.
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