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Reacting to Biden Executive OrderHere is an important one from yesterday: Biden made a speech praising capitalism and signed an executive order to "promote competition and fight monopolies" (the quotes are because I'm quoting not because I'm being sarcastic lol). It came 2 hours before the market close if I'm correct. Missed it. Doesn't seem like it collapsed prices. The order is a guideline, an agenda. Up to lawmakers I guess, maybe ministers too (whatever they are called in the USA). Here is the official propaganda: www.whitehouse.gov The order should be published here soon: www.federalregister.gov Profits have gone up more than wages so where did the difference go? They forgot to mention government spending ballooned, obvious where it went. I don't know what is in the EO, what laws will be signed, what consequences it will have. It's a big thing by itself and then it's even more work to try to guess what comes out. Monopolies (very often government enforced) are a huge issue, I got lots and lots to say about it, as well as corporate conspiracies (did you know US towns had a great tramway system before the automakers conspired to destroy them? They were found guilty and paid a ridiculous fine. I wanted to write about that too) For the past 2 decades wageslavery has grown! Less and less small businesses and more and more huge ones eating up everything. On top of that big tech has too much power and they piss off both sides of the US political spectrum, as well as foreign nations. My call was more hybrid (mix of centralized and decentralized) businesses such as mcdonalds & google-youtube which are giant companies BUT people there are self employed (the yt chanel owner and the MCD franchised owner). Here are an example of reforms that huge companies PUSH AND LOVE: - Higher minimum wage - A daily quality & health check that costs $1000 a day - Measures to protect the environment What do they have in common? They are expensive for the small fish, cheap for the big ones. What do they do as an end result? 2 things: 1- Very little to even negatively impact the workers lives and the environment 2- Economically eliminate the competition Min wages workers here and there think they earn more but clearly the big companies get a bigger share of the market and wealth is distributed more "not the way they'd like". It's like a generational downtrend with the fools celebrating each time there is a small sucker rally, a small "win for the simple working people", totally oblivious to the bigger picture. These guys reach multi billion proportions, perhaps the legit way with all the credit and respect that is due. But for some reason they want to use dirty tricks to supplant the competition. So they get 0 credit and respect from me. Terrible mindset. A bodybuilder had asked Arnold Schwarzenegger how to supplant the competition and he answered something along the lines of "don't talk to me disgusting subhuman I want the competition to be at the top of their game and beat them BECAUSE I AM EVEN BETTER". In this corporate world sociopathy and manipulative behavior gets rewarded and decent human beings get punished. Can these parasitic sociopaths even survive on their own or do they need a host to manipulate and leech on? I differ from commies on this subject as I am not envious and not against fair personal success and not against elitism, I actually want to eliminate cheaters for MORE competition and MORE elitism and MORE imperial greatness. When you compare a self made mastermind businessman like Cornelius Vanderbilt that fought and beat monopolies and corruption; to some 30 year old billionaires (or even 18) that originate from a famous family or made a website that got popular and never held a honest job in their lives, that keep giving their opinions on everything, get proven wrong, and never learn their lesson, have a spoiled kid behavior; well... there is something wrong here. The US is full of commies now that are angry which is a symptom showing such reforms are needed, I've been saying so for as long as I've been posting about the US economy. And you didn't need violent rebels to figure it out. Never pro-active. Anyway... Maybe we'll see the S&P 500 or Russell outpace massively the DJI? With the passive investing scam and its hordes of mindless "investors" the big companies have already blown out the smaller ones in price/earnings ratios which is something else that comes on top of big companies having a too large piece of the pie. Let's say lawmakers and the executive are well intentioned and real changes are made. Gorbachev also came up with much needed reforms. But too late. The Soviet Union collapsed. And Gorbachev got blamed. The solution got blamed for the fall. Me I am holding the US indice as long as it goes up. I will invest in west Europe, east Europe, the greater Maghreb, and throw in a little bit of middle east and west Africa (the rectangle). Warren Buffett said "diversification is a protection against ignorance", ye this is exactly why I do it rofl. Long term investing is not my job, I'm a short term FX speculator. I'd be happy with breaking even + getting a few dividends. It's mostly interesting because it is tax efficient honestly. I'd add the USA to my long term basket when I really start one (need money to invest first) if I like what I see, and right now I don't, BUT I am still long the bubble and watching it very closely, as a short term investment (been nearly a year though). Biden defending capitalism, as the US have done for decades. The whole world been defending capitalism or socialism/communism for over a century. The never ending debate. Meanwhile China couldn't be bothered and said "whatever yolo let's do both". I just saw a picture of a luxury ultra-capitalist Gucci store under huge communist propaganda façades with sickle and hammer symbols everywhere. Love it.
TVC:DJI
by MrRenev
1
Lookout! The Wealthy Are Shorting The Economy20 year yields appear to be breaking out of a long downtrend which has witnessed a boom in the stock market since this asset's crash back in March of last year. But now the winds seem to be shifting possibly again as now the TLT has started July with fireworks and yields appear to be flipping bullish. This would be very bad for stocks.. however please keep in mind that this is a lagging indicator. Sometimes it plays out in perfect sync, sometimes it takes months to come into effect. Which means, the remainder of the year should be safe for equities. 2022 however, if 20 year yields confirm bullish, would be fair game to see the real crash in the stock market that many have been waiting for. A play on bonds could be the potential bet/hedge in the distant future. If you enjoyed this post please leave a like :)
NASDAQ:TLTLong
by TradeVibez
How the west economy is reliant on modern atlantic slave tradeIf Hitler started an NGO to give money to poor Palestinians he'd have exterminated the jews with western donations. If you take a 10 year old kid the cost for the west to produce a wageslave will be higher, maybe 40k, but it's still money saved, and they can start the brainwashing younger. The west is losing their grip on Africa, things will change. Migrants will stop coming and even leave and this will happen before the end of the century: - Cheap healthcare personel will not exist anymore - Sexual exploitation of poor women by boomers will end - Nationalists will let it happen with a smile of relief - The economies will tank, the standard of living will be below east europe (already almost there) - Ethnic tensions will go up in the west like Yugoslavia - You will kneel and kiss our feet, and we will enslave you - I will point and laugh and say "told you so" I think part of it is the french want revenge for getting enslaved for centuries by pirates and sahelian tribes. Don't you worry, will all the harm you have done soon things will go back to normal "just comply and you will gain your freedom soon enough". Libya same story. The country societal pillars were destroyed by the west commies with their childish utopias. And the council of tribes said Gaddafi son was the only one they'd let represent them. Tripoli is in the hands of militias of slavers, well done democracy. Once the west falls, and it will snowball as migrants will stop coming and even leave, Africa will finally be able to get rid of this "democracy" (even the USA doesn't have a direct democracy, why doesn't west Europe try to bring their utopia there?), and go back to solid traditional societal pillars. The tribes will manage to agree and work together. The danger is to overdo it, to become too traditional. Under Ghadaffi Libya was very developed, the before after pictures are insane. The Emirate Arab United managed to united, I do not know this place well and I know they are 10 times more indian workers than arabs but at least they worked together and got very developed and rich. It's beyond belief how gullible and stupid and submissive westerners are, I do not wish to ever argue with them, they will be the slaves of the arabo-berber tribes because that's all they are good for. With the exception of Anglo-Saxons and Vikings as covid has proven. The stereotype was true who would have thought? "Oh noes so much war and misery in Africa" gee yes I wonder why, and it always happens after you help them damn how come? Must be 5000 coïncidences by now. Lmao the black arab-berber Toubou tribe of south Libya has 33% R1b dna markers, this is the gene from west Europe, how did it end up there? XD Slaves from the coast south of France is my guess. It's ok to mix with them because it is the same race. And they can select the ones they want to keep in their gene pool. 400 AD south of Roman Gaul: "These puny barbarians can't touch us we are advanced" 500 AD south of Roman Gaul: Frankish rulers overhear the gaul nobles they just shaved say it was "humiliating", for daring to say such a thing they are put to death :) When pirates captured Julius Caesar he told them "I will come back, I will find you, and then I will execute you" They laughed And then he came back :) Here is a printable version:
FRED:GDP
by MrRenev
1
BULLISH reversal in play for the US Dollar! Following the 2008 Financial Crisis, the Federal Reserve had to apply loose monetary policy measures in order to stabilize and stimulate the economy. The Fed started lowering the Federal Funds Rate back in late 2007, as a response to the rising unemployment at the time. This is the most traditional monetary policy measure, which aims to stimulate both businesses and individuals to borrow and spend more, which in turn would lead to an increase in economic activity. When rates are low borrowing money to start a business, buy a house or a car looks much more appealing and attractive. When the economy is in a recession such monetary policy actions are helpful and needed, but if interest rates stay very low for way too long after the economy stabilizes, then the higher spending levels caused by the cheap available credit would simply lead to higher inflation. Inflation has been one of the most heavily discussed subjects so far in 2021 and rightfully so. You see, a substantial increase in inflation is a net negative for all of the major markets out there – Bonds, Stocks, USD Bonds Inflation is a bond’s worst enemy as basically a bond is a contractual agreement between a borrower (Seller of the bond) and a lender guaranteeing that the Lender (Buyer of the bond) would be receiving the bond’s Face Value at maturity plus all of the regular and fixed interest payments (coupons) up until that point. Well, considering that both the Face Value and Coupon are fixed US Dollar amounts, a higher inflation would basically erode the real returns of that bond. To put it in simple words if the yield on a 10-year Treasury bill is 2%, that means that the investor is guaranteed to get a 2% annual return on that bond investment. However, if annual inflation is at 5%, then that makes the bond investment much less appealing as an investor would be technically losing 3% per year in such environment. This is the main reason why bond yields constantly adjust to both Inflation and Interest Rate expectations. When Inflation goes up, Interest Rate expectations start shifting towards expecting a rate hike, which leads to lower bond prices and higher bond yields. This dynamic exists and occurs as in an inflationary environment bonds become less attractive and in order for demand to come back to the bond market investors need to see an adjustment in the bond yields (an increase), which will protect them against inflation and would make it worthwhile for investors to lend their money to the US government by buying these bonds instead of putting it in a savings account with the bank. The bond yields rise either when we see a rate hike or when investors expectations of a rate hike increase. This mechanic ends up protecting bond investors in a higher-interest and inflation driven environment and makes bonds more stable and attractive investment vehicles than stocks. Stocks With stocks it is much more straightforward. Stocks trade largely on current as well as discounted future corporate profits, and higher rates tend to cut into profits because they increase the cost of money. Additionally, when rates are higher that means that discounting future cash flows to the present occurs with a higher denominator, which leads to lower profitability. If the underlying reason for higher rates is inflation, rising prices and wages also increase a company's costs, which further erodes profits. As you can see higher inflation and higher rates lead to plenty of problems for stocks. USD Last but not least, inflation is also bad for the US Dollar as it erodes the purchasing power of every dollar in circulation. To put it in simple words, if you have $100,000 in your savings account earning 1% interest annually, but the inflation in the country sits at 3% you would technically lose 2% from the purchasing power of your capital, or in other words $2,000, in just 1 year. Now, after seeing why and how higher rates and higher inflation affect Bonds, Stocks and the US Dollar, you probably understand why all journalists, economists, investors, hedge fund managers, politicians, central bankers etc. are constantly discussing these topics. Inflation and Interest rates expectations are not static but rather very dynamic and are constantly modified and affected by economic reports, central bank commentary, monetary and fiscal stimulus etc. The predominant view in the market at the moment is comprised of the following elements: 1.”The US economy is on fire” – companies continue to deliver better than expected earnings, consumers are sitting on record levels of savings, people are eager to get back to their normal lives eating out, traveling, shopping. 2. “We will see 8-10% GDP growth in the 2nd half of the year” 3. “Inflation will continue to rise as a result of the low interest rate environment and the huge spending driven mostly by the heavy Fiscal Stimulus by the US Government. 4. “The Fed need to raise rates sooner in order to prevent a hyperinflation scenario” 5. “The Fed will most likely end up being behind the curve once they start tapering, which will force them to rise interest rates quicker” Now, while all of the above-listed arguments make sense to a certain extent, we believe that some of the most recent movements in the US Dollar Index (DXY) as well as the price action in the bond market, which sent bond yields lower despite the hawkish Fed in mid-June are giving us very valuable indications that there is more to that equation. We believe that the whole narrative that is circulating at the moment starts from the wrong place. Considering the fact that the US Dollar is the global reserve currency and that it has a direct impact on both US and Global inflation levels and GDP growth, every US economic analysis should start from analyzing the US Dollar performance and its possible future trends. It is true that inflation expectations affect the value of the dollar and that some people might argue that this is a “what’s first the chicken or the egg” argument, but the US Dollar is so much more than the inflation expectations that people throw at it left and right. The USD is the most influential currency in the world and depending on whether it gets stronger or weaker we see whole countries, regions and even continents either struggling or prospering. The US Dollar index (DXY) has been in a clear downtrend throughout the last 15 months, as a result of the unprecedented printing of money that we have witnessed by the Fed in response to the COVID-19 pandemic shock to the economy. The monetary M2 supply in the US increased from $15.5 trillion in February, 2020 to $18.84 trillion in October, 2020 and to $20.1 trillion in April, 2021. This represents a 21.29% increase in 2020 and a 29.7% increase year over year. Technically, such a massive printing of liquidity debases and devalues the underlying currency. As a result of that and the increased inflation speculations and worries among investors we have seen the US Dollar index dropping from $103 down to the $90 level. A lot of negativity has already been priced in the US Dollar as the logic shows that inflation will definitely be picking up, which makes it unattractive to hold significant cash reserves. Thus, everybody has been selling the USD for over a year now. However, what happened in the beginning of the year (January) was that the DXY reached the $90 strong multi-year support and found a lot of buying interest there. After a strong rebound up towards the $94 level back in April, the index came back and re-tested the $90 level and once again found a lot of buying interest, which pushed the price back up to the $92 mark in a matter of few trading sessions. This has created a clear double-bottom pattern with rising relative strength and a clear bullish interest at these levels. We believe that this is something that not many people are paying attention to as they are riding on the bandwagon that the “Dollar is going lower”. However the $90 support has been a crucial level for the DXY going all the way back to 1990s. Back in 2018 that was the exact level where the DXY stopped declining and reversed the 1.5 year long bear market that the USD was trading within since the start of 2017. The reason why we believe that the way the USD moves is so crucial at the moment comes from the fact that the main argument right now for a tighter monetary policy is associated with the “double-digit” GDP growth that everybody expects in the 2nd half of the year and the inflation that this is expected to create in the economy. Well, it seems that most people have forgotten that currency appreciation usually reduces inflation because imports become cheaper and the lower prices lead to lower inflation. It also makes imports more attractive, causing the demand for local products to fall. Local companies usually have to cut costs and increase productivity so they can remain competitive. Furthermore, that means that with the higher price, the number of U.S. goods being exported will likely drop. This eventually leads to a reduction in gross domestic product (GDP), which is definitely not a benefit. That translates to a benefit of lower prices, leading to lower overall inflation. The bond market also signaled that it does not expect the Fed to start tightening any time soon as there was a clear discrepancy between the hawkish Fed and the movement in the 10Y Treasury yields. You see, usually when an Interest Rate hike takes place or when Interest Rate expectations shift towards an increase in the Federal Funds rate, that is considered as bullish for bond yields. The reason for that as we pointed out earlier is associated with the fact that a rising interest rate environment and a potential for higher inflation makes bonds less attractive at the current extremely low yields. Bond yields then go up in order to bring back investors to the Bond market. Well, that has not happened this time around as even though we had a surprisingly hawkish Fed in mid-June, the 10Y Treasury yield has continued to fall. It seems that the 40-year long bull market for bonds has further to go. The Bond market always gives indications as to what is actually happening in the economy but very few people know how to read the correlations and information properly. The most recent price action in the 10Y Treasury yield shows that the real probability of the Fed tightening sooner than expected is much lower than what the equity markets and all other market participants are currently pricing in. Bond investors tend to have more macro-oriented view, which allows them to see the big picture better. So what does that mean? Well, with the US Dollar threatening to reverse its 1-2 year downtrend and break above the critical resistance sitting at 92-93 and Bond yields falling, the economy and inflation growth will be tamed organically by the higher dollar. We believe that this would lead to the Federal Reserve also pushing back its tightening program, which in turn will reignite risk-appetite in the market. Thus, we expect to see Growth outperforming Value in the coming months.
TVC:DXYLong
by DowExperts
The 5 ways civilizations collapseI watched a great video about the collapse of civilizations and I'd like to comment on it, with a bit more of a focus on the economic reasons and outcomes. 1- Crushed in a war by a far stronger force Destroyed, or elite destroyed (government & big banks & business owners) Aztec Inca Baghdad Carthage... Modern examples include Iraq and Libya. Just look at before and after pictures. Libya was destroyed by the USA and has returned to slavery, Iraq is some sort of warzone with a currency being literally sold as a ponzi scheme (search the Iraqi Dinar scam), he by the way the "it will go up" Dinar crashed so hard a few months ago I wasn't sure if it was worth posting about. PRO TIP: DO NOT INVEST IN A COUNTRY THE USA ARE ABOUT TO "BRING DEMOCRACY" TO! 2- Too aristocratic Central American, Andean, Greek, Anatolian, Syrian, Ghana, Zimbabwe, Indus Valley, Khmer civilizations ended in big part because they were too inegalitarian. (Very) ancient civilizations were all ultra aristocratic with the population getting vampirized by a minority through slavery (wageslavery), ravenous taxes (reminds me of something), human sacrifices. And they went down the same way. In ~1150 BC all civilizations around the anatolian peninsula (including the famous Mycenaean one in Greece) rapidly collapsed at around the same time. In some cases tiny barbarian armies were able to wipe out much stronger civilizations. The reason is the population hated their parasitic rulers and did not want to pay heavy taxes for their rulers to waste (ancient elites did not know well how to manipulate a population into submission and even WANTING higher taxes, also people used to have more common sense) The world entering the iron age meant the plebes could easily get armed, and an unfair government with crushing taxes would simply get killed (like in France in 1789). I wonder why today governments are trying so hard to disarm the population? Probably just a coincidence. Ancient Egypt near the end had taxes that could get as high as 60%. Huh with 25% corporate taxes plus 20% VAT plus 15% social contributions plus 10-50% income tax plus other taxes we're easily reaching that Egypt max and even going past it. We do not have that much evidence of bronze age nations, but more recently we know that the American and French revolutions started as tax revolts against unfair privileged governments. Everyone knows this, it's clear, precise, not my opinion, unlike the subjective list Davos made on how civilizations end (link at the bottom of this article). Inequality also allowed some ruling class to replace the previous one, like with the Caliphates for example. The population was keen for a change of government. These bronze nations with crushing taxes I mentioned could never grow very big and collapsed with the iron age (bronze weapons and armors were expensive and slow to make but not iron which allowed the peasants to get armed and not submit). Following their collapse large empires rose, such as the Roman and Persian mega-empires (at its height, 50% of the world population lived in the Persian empire, talk about a beast). Rome only had a 1% wealth tax from what I've read and did not over-rely on slaves. Rome lasted 1000 years and ended because of decadence. Obviously treating the population fairly (mostly with reasonable taxes, that's really all they care about), rather than a population that hates the rulers and would see foreign invaders as saviors, is what allowed these empires to grow and maintain their size. Modern governments tricked the workers into thinking "only the rich pay" and playing this childish "divide to conquer" tactic, but everyone pays, and people over time slowly figure it out. Some extremely ignorant and stupid members of the population support 90% taxes. Never seen in history. Cool so a company hiring workers will have to charge $10,000 for them, pay $9000, and there's $1000 left as wage minus the owner margin with life being way more expensive (hiring a $2000 wage plumber would cost $20,000). In inflation adjusted terms if basic workers still get charged $3000, rather than getting a wage of $1500 they'll get 10% so $300, minus the boss margin. Brilliant! So they would be totally reliant on welfare. And what? Even more mad at companies that pay them a misery wage? And ask for even higher taxes? Lol how are they falling for this? This explains why western government are doing everything to prevent people becoming their own boss, or they'd see it first hand. 3- Becoming too conservative After the great plague this happened: - MENA became ultra conservative, with Sharia law, and looking for the "return to the golden age". Still to this day they are primitive and ultra conservative. Iran had a ray of light of progress with the shah 50-60 years ago but it was short lived, the medieval backwards religious leaders quickly took over and imposed their rule of darkness. - India well... They were 40% or more of world GDP before, and they dropped to some unbelievable low number like 1%. They roll themselves in cow dung and bathe in the radioactive Ganga river. And open defecate. The Maharaja and silk road traders would never believe this future. It's beyond, I'd cry if I was indian. - China: I think most of the great wall was built by the Ming dynasty (1368–1644), or rebuild. They got into isolationist policies, got bureaucratic, corrupt and superstitious and stagnated at best. - West Africa: At the hand of slavers with primitive superstitions I guess. China still has their bureaucrats. Maybe that's why Africa is so poor, they whole civilizations were centered around slavers, and now they can't do that, meanwhile China is still allowed to have its bureaucrats (some of it works for them it's too much that is bad). - Russia: Became the third Rome. Went from an area of maybe 1-2 million square kilometer in east Europe and half of France population to this monster of 20 million square km and 3+ times France pop. - West Europe: Age of Enlightenment, progress and so on. Unlike others that had an unfair ruling class (Brahmins/Priests in India, Slavers in Sahel, Bureaucrats in China, Samurais in Japan, etc), the West had a balance between the monarchy, merchants, warriors and priests. Wealth equality was way greater back then that it is today. Yes the industrial revolution was a big factor. The conservative "civilizations" like China had contempt for the West, and saw them as irrelevant weirdoes. And then they went through centuries of humiliations and conquests by the West. To this day the (declining) West still makes 50% of world GDP. A funny example is India in 1000 AD during the muslim domination. The superstitious ruling priests in the face of muslim invasions rather than use taxpayer money to build armies, built... temples... are you serious? Well it did not work. Before that at the start of the iron age the old bible civs (Babylon, Assyrians...) that were ruled by corrupt and superstitious priests were wiped out by the mighty Persian empire, and Persians were so nice that people actually wanted to live there the priests had no chance of rallying the population and start a rebellion. As I explained in 2-. Bruh: "Darius allegedly asked his satraps whether the tribute was not too high. When they said it was moderate, Darius ordered that they should pay only half as much.". Another version says he took taxes and returned half of it "back to the people" (tax returns?). The empire was at its greatest extent under his rule which was in the early days of it. He divided taxes by 2 and everyone wanted to join. You don't always need huge armies. Unlike the modern west, Persia DID NOT PROVIDE AN "US VERSUS THEM" STORY. Can you imagine? A huge empire, and no divide. People actually enjoyed living there. No divide to conquer. www.oxfordhandbooks.com 4- Becoming too reformist The flip side of the conservative coin. Look at China with the cultural revolution. They went from what maybe 15% of world GDP to 1%, and they were the poorest country in the world. Russia in the early 1900s was a big empire, the 4rth world economy (smallest than Canada today) and if their population bred like non communist countries (UK, France, Germany), they'd have a population of at least a quarter of a million, they'd probably be nearly as powerful as the United States. The marxist reformists hurt Russia so much it's nauseating. They set them back at least a century. Yes there was technological and standard of living progress but of course there was! Even in Somalia. It's worldwide. It's like a super strong uptrend but within that worldwide uptrend they lagged behind. The reformists have no moral boundaries and work to totally destroy the "old world" to reach their idiotic utopia. These disgusting creatures are an absolute plague to humanity and set civilizations back centuries. They love to destroy statues, change constitutions, send people to camps, burn books etc. Hitler said about Christianity as "We have no sort of use for a fairy story invented by the Jews" and criticized its weakness compared to glorious islam, Catholics were sent to camps (especially Jehovah Witnesses) and moral standards went poof. Germany lost 1/3 of its territory, 15 million Germans were deported, West Europe stopped ruling the world, the USD became the reserve currency, and so on. Communists are so evil and stupid they dried up the Aral Sea for their "great" irrigation projects, and destroyed entire forests. The Aral Sea was one of history greatest environmental tragedies. The region economy was devastated, bringing unemployment and hardship, the sea life is gone probably millions of species went extinct, the region is a pollution disaster. And some extremely dumb celebrities (pleonasm) think communism is the solution to save the climate. "There is so little confidence in Russia's economy that there are more Rubbles outside of it than inside" damn. How long for the confidence to come back? 100 years? more? The Soviet Union (I quote): - Destroyed every functioning social system in Russia in order to usher in their glorious revolution and utopia - Artists were totally controlled - The Church was wiped out - The most productive and hardworking members of the population were killed - The ruling class enslaved people in gulags - Standards of living were lowered for faster industrialization and make it look like progress, like it was working - Non Governmental organisations and clubbed were banned - Labor Unions were banned (the irony) - People that were 1 minute late to work were eliminated by the secret police, or people feared that was the case - Makes me want to vomit Societies are held together by structures such as religion, family, patriotism. The state is not intelligent enough to control and run everything. The state tries to run the economy it's a catastrophe. The state tries to run a pandemic OH MY GOD. Anything they do is shit and vomit. I'd say the state is not intelligent enough to not forget to breathe. Oxygen thieves. The French revolution resulted in The declaration of human rights which says the government must be held responsible via violence if necessary, revolt is not a right but a duty. The Americans that wrote their Bill of Rights literally 6 months later have a similar thing with their amendments or something. Of course these sickening evil creatures that are not Politicians but demagogues with 0 convictions that only care about personal success and power and getting votes have used manipulation and brainwashing to get away with everything, cause great harm, and not get held responsible. "Extreme reformers aren't smart enough to realize how dumb they are, thinking themselves geniuses (😆) and everything that's not under their control is an evil force that gets in the way of the great plan" Today the west is obviously at risk. How big is this risk? I can't tell because this would get me mass reported and banned, and maybe even sent to jail. (That answers the question). I cri evertiem. 5- Decadence Maybe the slowest way to end. How Rome ended but it was accelerated with decadence bringing in destroying armies (1-). The 3 natural stages: Barbarism, Civilization, Decadence. Greeks near the end (obviously) saw themselves as "above" earthly matters, and used slaves for work while they enjoyed themselves in "higher" ways. In other words they were lazy bums that felt morally superior and selfish greedy perverts that took it easy. Disconnected from the real world. A bit like modern westerners with robots and not wanting to work, and importing much of what they consume. And disconnected from reality, terrified of dying at 80, willing to ban hunting, and much more. We see low birth rates (there are Roman and Greek texts complaining about this, and blaming the nobles for "having fun" rather than procreate, for "being eager to see their bloodline die"). We see low (or no) economic growth. We see sexual perversions. And so on, you get the picture. An example is when germanic barbarians invaded roman south france (gaul), the local aristocracy claimed there was no danger, barbarian terrorists that cut heads off with massive axes were a tiny number of "lunatics" nothing to worry about and those that wanted to protect the region were far right islamophobes wups I mean germanophobes. The aristocracy smelled their own farts and were stuck inside their own heads and thought it was impossible for these third world barbarians to hurt in anyway their region. Morons. What options do the population have when the ruling class is useless? It's like cutting a serpent's head. Combine being useless to outlawing weapons and spreading propaganda to make sure "radicals" never gain power and you get an inevitable collapse. So to conclude, you have all these ways for societies to collapse, once great civilizations vanish. And today: Point 4 => Who will seriously invest in Russia? So much for marxist progress. Point 1 => Who will buy Iraqi Dinars or invest in Libya other than fools? Point 3 => Who will invest in Iran? Who wants to invest in Afghanistan? Point 2 => Who wants to invest in old Babylon and Egypt. Ye there are no recent examples. Point 5 => Who wants to invest in the Nikkei 225 since 1990? But there is 1 thing that survives all these collapses, that keeps its value: It's yellow and shiny 😉 The world economic forum made their own list of reasons definitely not biased, here is a link for a good laugh: www.weforum.org
TVC:GOLDEducation
by MrRenev
Gold & silver longs Based on history, silver follows gold pricing as well as charts very closely on average. Based on the fact that nothing has been truly settled and the dollars power has recently gained. It is opening up a perfect time to get in as ride the up swing just wait for the MAC D for example to switch directions heading up. Based on the time of the charts. Indicators are starting to show. That the down trend is slowing, shifting to the upside again. TTCF is a stock with great things happening also that had a high spike today. You do not always have to buy and hold or sell you can watch a few charts looking for a upward momentum about to happen. Once you see the confirmation ride the swing then get out if you are worried about the he takes of selling then that will be your downfall. I am fairly new to really studying the charts but hey will tell you the news before it happens. I also will be pulling out shortly for a while. I will post a better trend as well as a few charts as to why. That’s just me personally but if you are newer I used a lot of indicators that helped me at first changing the chart type…..
TVC:SILVER
by mbang62
1
I don't usually hold losers but when I do... OOOF!Ah what a glorious day for the bears. After the FED meeting 2 days ago gold flash crashed. The price of gold saw its worst day since 2013. We all know what happened back then. High inflation and a collapsing civilization doesn't matter if the people with the money decided everything was just fine. Eventually reality catches up, but that can take time. I really have become the expert of sucker rallies. I called this one in an article, just 1 month ago "Gold nonsense copium rally". I did not know where the top would be exactly, and did not claim I knew, I lost with my June puts and am holding september expiring ones, the returns are underwhelming but I did not expect much, was testing out warrants. More recently when I saw gold violently dip, and retail buying the dip, I knew it was it. Then the price created a B wave, that was an entry signal. Maybe better to sell on the B wave rather than while the price is going up... Not like we are going to run out of fools to buy dips and into B waves. Originally my target I said was "at least $1800", doesn't sound that ambitious anymore. But now I think we bobos might get much more than that. Remember what happened in 2013 AND in 2008: s3.tradingview.com Here are a few potential reasons for the crash: - The FED promising some hikes (by 2023!) convinced nerds with plenty of diplomas but little common sense that "things were going back to normal" - The coronavirus declining, with vaccinated populations, convinced nerds that have been underperforming indices for decades of "back to normal" - Justin Trudeau, as judiciously as Gordon Brown, recently sold gold reserves to China as well as mines. Perhaps other countries are selling too? - Gold bagholders got sick of waiting for the apocalypse that never came, and missing out on S&P 500 95% gains. Regret got too big. And now gold keeps falling as bagholders that waited so long for nothing see the price come close to their break even. "Oh no! No way I missed out AND am going to lose money. I am getting out while I am in the green" Predictable puny hoomans. The US inflation is not going to go Weimar, but rather as I explained before, Romania. Even if the US goes the Weimar/Zimbabwe/Venezuela way, it will not happen in a few months. It will probably slowly creep up, with the people in charge making up excuses and claiming inflation is good. It might spike fast for a short time, but long after they started shooting the currency bazooka. They can export their inflation as long as there are fools accepting it, and these fools have money to waste. Gold is not the only thing going down. Really dumb investors in my opinion are buying the USD and selling everything. "It's ok we are going back to normal". Makes me crack up. The inflation is even going to get worse. Consumer goods manufacturers have not even raised their prices yet, and they said they soon would. So this dumb money is betting that in the next 2 years the USD will strengthen? Or that it won't weaken too much so it's ok to hold some, it's "safe"? Great laughs. The fundamentals are the same, and selling should just be short term. But how short? Gold might reverse now! Make a bottom, or v shape. I'm even wondering if I should buy. If it drops below say $1700 then the dip is more than some very short term panic. If the price of gold were to drop that low I would be a bear for a while. Right now... Might be worth a quick buy actually, with a $50 stop. Maybe risky. Crazy.
TVC:GOLD
by MrRenev
4
The US & EU terrible demographics: What to expect and solutions.Japan, which today is the oldest country in the world, had a weird looking demographic "pyramid" 30 years ago, with a big bump in the 40s, there were 75% more japanese in their forties than 0-9 years old. What could possibly go wrong? Japan was the new superpower, everyone invested in Japan. And then it all collapsed. As usual it got so bad they actually ended up undervalued, and George Soros invested in the Nikkei before the rally a decade ago, probably using his large Forex knowledge to time the stock market. And yes he also bet on the Yen at that time and it worked very well. So what happened the the Japanese economy? In the late 80s the japanese economy surpassed the Soviet Union! That was mind blowing to everybody. And in 1995 it grew to the size of Germany + France + UK. In 1995, after the stock market - which was in a gigantic bubble - crash, it was 5,500 billion usd big. The stock market crash is not what ended the Japanese economy! At the time the USA were 7,600 big, so the little island was ~75% the size of the US! They were so advanced, people thought they'd conquer the world with giant robots. They were really ahead of everybody. And then the japanese started to retire, and as they aged demanded more and more support from the youth, more healthcare... tradingeconomics.com Germany and the UK have grown their economies, the UK even got ahead of France which I'm sure has nothing to do with anti-business laws. And Italy has already collapsed (since 2008), their brilliant solution was socialism, the downtrend will last a long while. But the big most noticeable ones are the Americans. Now the USA economy is two and a half times bigger than Germany + France + UK! How could a bunch of rednecks that love to fire guns in the air and mentally unstable drug addicts get this big? Their population has grown unlike the west europeans, but not that much. And they're hitting the wall NOW. A major explanation is their economy got way overheated (which had the secondary effect of creating lots of entitled recently born americans), in part because they attract the smartest migrants and all the foreign investments. NO you can't make people work till they are 80. Past 50 like it or not it's all downhill from here. Here is the productivity chart: Migrants: This is something that Japan has not done. They did not take migrants in, and they also did not (net) import goods to "buy time". West Europe and the United States have bet everything on importing migrants; which seems it might be a very profitable strategy: 0 cost to breed and raise workers, Africa for example has the charge of raising them, and Europe gets them entirely free once they reach working age. The US Department of Agriculture reported that the cost to raise a child born in 2015 to 17 years old would be an estimated $233,610. 10 million migrants = 2,330 billion us dollar saved. And if they are qualified and 25 years you save university and the first years of gaining experience costs. The EU had talks of importing 50 million migrants. At a cost of $200,000 per unit, since these are considered exchangeable pawns the word unit is adequate, that would be $10,000 billion saved! The foreign aid Africa has received for the past 70 years is estimated at around $1,400 billion. Muslim countries that provide many cheap workers obviously do not get anywhere near that amount. And I cannot tell how much money the west spends in anti-African propaganda - working on that negative "poor and violent Africa with no hope" image to push young africans to want to migrate to the west, also know as the second welfare objective (to keep them down and dependant rather than force them to build their own economies), the first one being obvious: "Keep dem kids alive and keep breeding, we want our workers!". The problem is... It is not working perfectly... You see, life is not a video game, and people are not interchangeable pawns. I'm not saying it doesn't or can't work I am just saying it is not working PERFECTLY. The west is facing more and more diversity issues just like Africa and Israel. And this everyone agrees on regardless of their politics, those on the left say it is because of systemic racism, and the other side say it's because people are different I guess. Just as long as we can all agree. Racism or not if you look at Yugoslavia they were the same race, culture, economy, history, and they still killed each other. It is a difficult subject to write about since for some people if you do not say everything will work out great you are automatically an enemy. So how do you even talk about it? You can't. Publicly. Just have to play dumb and act surprised. Ye well I might have to pretend to be stupid but my money won't be acting surprised that I can tell you. I am obviously not going to develop the subject. It may or may not be a viable solution, either was there are obstacles. On the other side of the flying pancake on a giant turtle's back China is facing the same issue. The CCP was surprised to learn the awful demographic numbers a few weeks ago, and started a new 3 child policy as well as fighting feminists. How could they possibly create a 1 child policy and never manage it? Seems unreal. But anyway, now they got a disgusting demographic pyramid, and it will take at best 25 years to fix. China is not looking for migrants to support its aging population. So it would appear they are going to follow Japan? NOPE. See, China has something very special: The USA & West Europe owe China A LOT. Africa owes them too. The world owes them trillions. In theory they could just lay back, relax, and let the world work for them. In practice they might have to use their military to get what is rightfully theirs. But the USA, Germany etc have their own issues and can't really pay up... Will be a big big problem. I am not an expert, I invest in the short term in the currency markets, like every decent "specialist" I know and take an interest in about everything that gravitates around but is not exactly my activity, but I don't really get into it, I stay focus in my area. If you want to know more about the subject, some people of whow the job it is - doesn't necessarily mean they are good at it or know more than me, but they may, at least they have researched the subject extensively - write about the subject. There are articles, "official" reports on the subject, as well as books. An economist that was on the United Kingdom Monetary Policy Committee and an economist that was Managing Director at Morgan Stanley wrote a report available on the website of the Bank of International Settlement, and according to them big money does read what they publish: www.bis.org
Education
by MrRenev
4
Bonds are Ground Zero for Market's Battle with Fed and TreasuryThe bond market is the primary capital-raising marketplace. Market participants issue new debt or buy and sell debt securities in the secondary market. Bonds, notes, and bills are tools for public and private expenditures. Since the US is the world’s leading economy, the market for US government bonds is massive. The long-bond or 30-Year Treasury is a barometer for US interest rates. The long bond has been trending lower since August 2020- The latest CPI data confirms the trend Last August, the Fed made a subtle but significant shift Monetary and fiscal policy remains accommodative Conflicting signals for the bond market cause a bounce Jackson hole could bring another shift While the US central bank, the Federal Reserve, sets short-term interest rates via the Fed Funds rate, buyers and sellers establish rates further out along the yield curve. Following the 2008 global financial crisis and the 2020 worldwide pandemic, the Fed initiated a quantitative easing or QE program. QE is a tool to stimulate the economy via debt purchases that put a cap on rates further out along the yield curve. Over the past year, the central bank has purchased $120 billion in government debt securities each month. The bond market has been dropping over the past year, despite the Fed purchases. Imagine where the long bond futures would be if the Fed were not buying each month. The bond market is taking on the Fed as it signals inflationary pressures are rising. The Fed may call inflation “transitory,” but this week, the latest consumer price index data from May was a warning sign that the bond market is correct, and the Fed is wrong. The long bond has been trending lower since August 2020- The latest CPI data confirms the trend The US 30-Year Treasury bond futures recently rolled from the June to the September contract. The weekly chart of the long bond futures highlights the drop from 183-06 during the week of August 3, 2020, to the low of 153-29 in late March, early April 2021. While the nearby contract recovered over April, May, and early June, at the 161 level, it remains a lot closer to the low than last August’s peak level. Bonds seem to have found a floor at just below the 154 level. Weekly price momentum and relative strength indicators have been trending higher since reaching oversold conditions in late March. Open interest, the total number of open long and short positions in the long-bond futures, moved from 1.106 million contracts when the bonds last August to the 1.207 level at the end of last week. Increasing open interest when the price declines is typically a technical validation of a bearish trend in a futures market. Weekly historical volatility at the 4.37% level as of June 11 was close to the lowest level in years. While the long bond recovered from the lows, last week’s CPI data was bearish for the debt market. The 5% increase and 3.8% rise in core inflation was the highest level in nearly three decades. The Fed continues to call inflationary pressures “transitory” and has concentrated on its “fell employment mandate.” The trend in the bond market, raw material prices, the stock market, real estate, and most other asset classes points to rising inflation. Employment data could be the transitory outlier as low-wage earners continue to benefit from government stimulus and expanded benefits, which results in higher earnings from staying at home rather than returning to work. The latest CPI data confirms rising inflationary pressures. Last August, the Fed made a subtle but significant shift Last August, the US central bank told markets it adjusted its 2% inflation target to an average of 2%. The Fed has been encouraging inflation with low interest rates and quantitative easing. It is unclear what period the Fed is calculating the average rate, which makes a substantial difference. Inflation had been well below the target rate for years before it began to rise in recent months. Economics is a social science. The models and formulas that the Fed watches and depends on are only as good as the variables, which are the inputs for the decision-making process. Individuals and companies are experiencing dramatic price increases and asset inflation. The Fed is taking a wait-and-see approach as it continues on the current course. The central bank was hoping inflation would rise last August. As the old saying goes, be careful what you wish for, lest it comes true. Monetary and fiscal policy remains accommodative The tidal wave of central bank liquidity created by low short-term interest rates is unprecedented. Quantitative easing to the tune of $120 billion per month in debt security purchases is an attempt to keep interest rates further out along the yield curve at low levels to stimulate borrowing and spending and inhibit saving. With the long-bond futures slipping from over 180 to the 161 level at the end of last week, QE may have only softened the inflationary blow over the past months. The Fed has a partner in crime, the US Treasury, and the Washington establishment. If central bank liquidity is at an all-time high, fiscal stimulus is off the hook. Stimulus in the trillions has only exacerbated rising inflation. The price tag for the monetary and fiscal accommodation since the pandemic began is growing by leaps and bounds as it eats away at money’s purchasing power, the classic definition of inflation. COVID-19 may be fading into the rearview mirror, but its legacy will remain an inflationary danger for many years to come. Conflicting signals for the bond market cause a bounce The Fed will meet this week for its June FOMC meeting. So far, the only thing the central bank has said is that it is “not thinking about thinking about” tapering the QE program or increasing the Fed Funds rate to address rising inflationary pressures. The unemployment rate at 5.8% and core inflation at the highest level in decades are conflicting data for the central bank. Meanwhile, the administration and Congress keep spending with some politicians demanding even more stimulus and programs. The bond market found a bottom in late March and has been recovering. The pattern in the September long-bond futures contract illustrates a series of higher lows and higher highs since it traded at 152-16 on March 18, 2021. The latest high came last week at 159-29. The bond market did not sell off after the latest CPI data, but it did rally on the weak employment numbers. The bond market may have gotten ahead of itself in March when it fell to the lows. Speculative shorts pushing the long bond futures lower appear to have run out of patience and covered risk positions. However, if the Fed remains on its same accommodative path with help from the government’s tsunami of fiscal stimulus, the rally in bonds is likely to run out of steam sooner rather than later. Jackson hole could bring another shift The Fed Governors, economists, and others gather in Jackson Hole, Wyoming, each August. Over the past years, policy shifts have often created fanfare during the event. We could see the Fed begin to guide that QE tapering is on the horizon later this year or early 2022. Economic conditions and rising asset inflation make a shift towards tightening monetary policy logical as vaccines have created herd immunity to the virus, and conditions have not only improved but are robust. However, if the central bank decides that it needs to keep the accommodative policy in place because of the unemployment rate, it will only pour more fuel on an already burning inflationary fire. Expect lots of volatility in the bond market over the coming weeks and months. Increased price variance creates a nightmare for passive investors, but it is a paradise for nimble traders with their fingers on the pulse of moving markets. The bond market could be the Garden of Eden for traders over the second half of 2021 and beyond. The bond market is ground zero for the free market’s battle with the Fed and Treasury. Since August 2020, the bond market has been fighting the Fed and winning. Sign up for the free Monday Night Strategy Call using the link below! Trading advice given in this communication, if any, is based on information taken from trades and statistical services and other sources that we believe are reliable. The author does not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects the author’s good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice the author provides will result in profitable trades. There is risk of loss in all futures and options trading. Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity, and the potential complete loss of principal. This article does not in any way constitute an offer or solicitation of an offer to buy or sell any investment, security, or commodity discussed herein, or any security in any jurisdiction in which such an offer would be unlawful under the securities laws of such jurisdiction.
CBOT:ZB1!
by Andy_Hecht
7
Ready for the great reset of wealth?Here is the distribution of the 50 largest public companies: USA 34/50 CHN  7/50 EUR  5/50 OTH  4/50 This seems normal? The percentage of american companies at the top is close to what the percentage of japanese companies at the top was in the 1980s. Random people, which are mindless NPCS, somehow acting like it's normal. And they will act like hyperinflation is normal when it happens. The way I see it there are 2 directions we are heading: Stock crash and great depression. The best outcome. High inflation and wealth + debt great reset. The socialized loss outcome they won't recover from in the 21st century. Seing spending this is where the US is going. Hyperinflation à la Zimbabwe would be obvious and have negative consequences for the crooks running the show. No, as always it will be a boiling frog method, with lots and lots of arguing coming from the crooks responsible and their supporters. And besides if inflation gets too bad, all business are not even able to operate, they are completely frozen. I can already predict their arguments "Back in the 70s-80s inflation was at 15% and we did great", "inflation is the result of effective policies creating growth" (while the tangible real world amounts of goods being produced is down down down), "we need to save the planet and help out student debt", "it's because of political opponents fighting us via money" (it's a conspiraceeeeeh!). I recently read a bit about Romania inflation in the 90s. Lasted 7 years, and the government cleared its debt (but not always the debt of the plebe), and created a great reset. The money masters did just fine, and a few people even got rich. 99% of the population did not do just fine. The entire east europe was depressed, russians are famous for being alcoholism masters. Romanian inflation peaked at "only" 255% and the public got used to it, it was advertised as normal. People that worked their entire lives and had some savings lost everything. Via inflation their wealth was transferred to the government, with most of it simply evaporating because unlike what USA millennials think this is not a zero sum game (pie). As if today wealth is the same as the paleolithic wealth and all it did was move around. They say wealth does not simply get created out of thin air, that's funny to me because a lot of it does, thin air contains humidity, CO2, warmth, and that's all it takes for much of agri wealth. We do not come from the earth, we come from thin air as we are carbon based lifeforms not silice based. Inflation in Romania started as early as the beginning of the 1980s, from the socialist government (yes, again) robbing the population to pay back its debt as it had strings attached, following the 1979 Oil crisis. The collapse of the USSR it led to did not save them, and it continued and got worse in the 90s. To avoid starving to death, Romanians, which were mostly rural, grew food in their garden and helped each other. They knew each other, did not move much, had no migrants. To compare this to others, Venezuela has 85% urbans, and the USA 80%. Europe is in the 80s too. Also I want to note that business owners cannot magically raise wages before prices go up because they might not have the cash AND they cannot predict the future. People with savings and people with jobs will lose. Broke people reliant on welfare lose too (compared to where they used to be not what they produce which is zero). People with debt might win, probably lose too as the government cares about its spending and its debt, not yours. Filthy rich people win, Singapore is only 1 plane ticket and 1 clic away. They always seem to win don't they? There are 4 plans to a group of people: In Europe and the USA people move around - especially in the USA - and they don't know each other. In Europe and the USA there are many migrants, sometimes they don't even speak the language. The countries are very heterogeneous. In Europe and the USA 80% or more of the population is urban, and clueless on how to grow food, and very much NOT resourceful. Helpless. The USA are even running a "divide to conquer" strategy, with camps hating each other. They won't help each other or fight back inflation. The plan B seems very hard to execute. And plan C? Europe and the US are the ones sending food to Africa. Who will send help to them? Argentina? Haha! (Argentina is one of the largest grain exporter that's why, still... they're not THAT big). Smells like a plan D. As I said I doubt they will run the inflation to 4 digits and more. But 50% is ahead of us. Slowly boil these frogs. Food can still somehow be grown and bought in these conditions. Might see a drop in production, but EU & NA overproduce. Plus the greens want to grow more bio food, and reduce meat production (that turns hay we cannot eat into juicy steaks and chicken legs). The west food production might drop a bit but as we overproduce it, the ones starving are african kids getting humanitarian aid not europeans. Ghana president (and others) have reduced their dependency on welfare to focus on developing their economy (tier 1 prod + tier 2 valued adding industries), he said he didn't believe in santa claus, maybe he reads my ideas? African countries choice to distance from aid might have a bonus: not starving to death when EU & NA can't send food there. Now unpaid for made in China smartphones, computers, tvs and consoles? Forget about it! Enjoy going back to board games. Less CO2 emissions. Greta is going to be happy. I miss the good old days of board games. People that understand percentages and ROI win all monopoly games. Less stupid TV nonsense, less social media crap, more thinking games equals hard times creates less dumb men. EU & NA does not just import TVS and computers, there's also drugs... Well old people might have to leave us a bit earlier than expected. In any case, the west will go back to simpler times, they will have to get used to a lower standard of living and that's a good thing! I look forward to less electronics and more outdoor activities and board games. And less clown twitter imaginary world cancel warriors!
TVC:NI225
by MrRenev
4
The Stock Market Not a Reflection of The EconomyWe are living through the greatest economic expansion in American history. It has become very clear to me that the stock market is no longer a measurement nor reflection of the health of the "real economy" where average everyday people make their income. If it was then the federal minimum wage should be over $30 an hour compared to economic gains our economy has made in the past 30 years. The full-time and part-time employees, freelance and gig economy workers, and your average mom & pop small business owners will continually become displaced and outsourced as automation technology grows and the elite multi-national capitalist dramatically cut their labor cost through automation this decade & beyond. We've hit the top 4.236 of this Fibonacci cycle I have going from the high of December 2007 to a low on November 2008. 13 years and growing of financial prosperity on paper but not so much in reality. The gap between the rich and the poor have never been more grotesque in the history of capitalism. Our government is in the practice of creating infinite amounts of money that some how never gets to the people that actually are in desperate need of financial resources. That seems like a recipe for disaster and social unrest to me. Don't even get me started in the tsunami of inflation that will be coming. If we drop coming back down to 1.618 may be a decent support area for the market (we dropped to the 1.618 during COVID-19 Quarantine). That would be a 56% retrace from these current levels. Can we actually keep the economy growing from these levels once the infinite money creating stops? Or will it ever even stop at this point?
NASDAQ:NDAQ
by peacefuljustin
2
🇺🇸🌐🇨🇳 - Is the Economy of this Planet 'fit'? 🍀🆙 🆙 🆙 (This is the chart of a random company for purposes of illustration) Well... I don't know guys, not sure if the World economy(economies) are healthy but here are some facts: Fact 1: They have been printing debt... but that doesn't mean we have to pay for it Fact 2: The stock markets are HIGH... but we might look at them next year and say they are now still low Fact 3: Youtube is bombarding all of us with: 'dollar is crashing' - 'markets are crashing' - 'go to the bunker with your food, your gold and your AK-47' videos but that has been the case for the last 10 years now and nothing ever happens Fact 4: The world economy has 2 lungs. The US (freedom through war, rule by dollar) and the Chinese (shut up and make China big China strong China number 1) but the Chinese sneezed and the other lung got pneumonia (covid). Fact 5: Almost everyone is still alive, all economies had major lockdowns, economic activity froze or turned online, the governments printed money, 50 vaccines were created in record time and we are all gradually getting out of this mess. but we expect inflation, which is not coming at a scary size yet (you see, technology beats inflation) Fact 6: ALL the data is GREAT at the moment. Jobs? GREAT! Sales? GREAT! America? GREAT! Australia? GREAT! Ze Germans? SHTABIL! GREAT! Ze Russians? HARASHO NORMALINA! GREAT! ✨The Chinese??? well, read below✨ Fact 7 🚀✨✨✨✨✨: The Chinese are about to announce their GDP (Gross domestic product) for the Quarter. It's being announced in 6 hours from now. The forecast is a NEVER-EVER-SEEN-BEFORE 18%+ (!!!!!!!!!!!!!!!!!!) 😮😮😮😮😮 EIGHTEEN PERCENT??? 😮😮😮😮😮 Well, I have never seen an 18% increase ever before. Last one was 5%, normally the Chinese had an average of about: 6,2% in 2019 6,7 in 2018 and in the best years they had around 10,7% in 2007 IF THEY EVEN COME CLOSE TO THE FORECAST TONIGHT, THEN WE COULD BE LOOKING AT A VERY GREEN FRIDAY TOMORROW AND A VERY PROMISING NEXT QUARTER FOR INDICES AND CRYPTOS ALIKE. Why? Because it's a small tiny world we live in and if China is going well it's great news for everyone else too. To me, it looks like a scenario where I need to Buy, not to Sell or panic... but I am not always right and I can give you no advise. I am just sharing how I think and what i do... i am BUYING!! One Love, the FXPROFESSOR PS. will everything crash eventually? Yes, maybe but not now, not this year, not before they dare increasing any interest rates. An even if it all crashes we are holding the answer in our crypto-wallets. PS2. Not on cryptos yet? Maybe buy TONIGHT!
NYSE:PLNTLong
by FX_Professor
4
The USSR biblical collapse. Reminds you of anything?You could draw a bubble chart. First it starts with Euphoria. The whole world is stunned at the Soviet success, in particular African nations... (Remember Ghana had a higher GDP/capita than Ireland, bad decisions were made) Any conspiracy theorist negative about the great USSR success gets literally laughed at. I also mentionned Bernie Sanders praising the great success because I just think it is funny. But the leaders knew... Unlike western leaders. Unlike the western leaders? Very probably. Bunch of corrupt sociopaths that just don't care and mindless bureaucrats that learned their lessons by heart at school and are totally unable to plan and take decisions in the real world in the present. Soviet leaders were actually very smart and they knew how bad the situation was. Western leadership and advisors are all dumb I swear. Even - no ESPECIALLY - this Nobel prize Paul Krugman 🤡, this guy missed his calling as a circus clown. Paul Krugman 🤡, he started his stand up comedy career with "the internet will disappear" and is now amusing us all with his new sketch "QE worked!". My 2 cents: The FED knows they dug themselves in a hole they cannot get out of in my opinion, US part of congress around Bernie Sanders and AOC that whole bunch have the IQ of an orange so don't expect anything, and the Biden administration just doesn't give a rat's ass. Europeans are chihuahuas that follow their german & US masters, and run by clueless bureaucrats whose only ability is learning textbooks at school, they are not real politicians. If you must retain 1 thing: You know how after mentioning "The prophet" you're supposed in muslim nations to say "pbuh" everytime? Well it's the same with "Paul Krugman", we can never type his name without mentioning "🤡". I must never forget to add 🤡 after PK name. Ok enough about Nobel Prize economists such as Paul Krugman 🤡, 🎪 be upon him. Soviet leaders knew, but they were old... The west has a leadership that is clueless or does not care. The east had a leadership that cared and had a clue buuuut... unlucky they were all very old. While the population & much of the rest of the world was cheering, the leadership knew... But they were unable to do anything about it. Gorbachev gets this report by what's his name, see I too forgot this guy. The guy that lowered the price of vodka, that's all I know. It clearly details how the USSR will collapse, this is not me interpreting, it's literally written the USSR will be no more in the late 80s. It explains how even the USSR great industry is dead (workers were the privileged class), soviets are not building machines, Japan robots are. The report predicts (accurately) that WW2 losers Germany & Japan will each surpass the entire Soviet economy. Back then they had super low fertility, record abortions, and many of the things were are witnessing in the west. Gorbachev last minute reforms NOTE: EVEN WHILE CORRECTLY PREDICTING THE COLLAPSE YEARS IN ADVANCE THEY COULD NOT STOP IT. SO IMAGINE THE WEST TRYING TO "FIX THINGS" WHEN IT HAS ALREADY STARTED. Them importing Chinese humanitarian aid and working age migrants is their solution to buy time. Wondeful. Genius. Will collapse 20 years later but will be 20 times worse. If you live under a rock 20 years later is right about now. Today when people hear "liberal reforms" they often think of the US woke cultural revolution. That was obviously not the goal. Liberalism is like salt, a bit is good, too much will kill you. Anything is like this really, even oxygen right? Of course as usual there are those that claim the USSR broke apart because of the reforms due to low IQ. Unbelievale. Human stupidity has no boundary. You lost, your silly utopia failed, now shut your mouth. Did China collapse? Thought so. Humans have not evolved to argue with these clowns. It's a complete waste of time. The caravan passes the dogs bark. Back in prehistoric times you would tell them "no do not go swim in the river, no do not go in the forest at night, no do sleep directly on the ground in the jungle". And they would argue back. Then a few days later you'd find them, half eating by crocs, or ripped apart by wolves, or killed by parasites from the jungle. And so you'd ask their rotting corpse "so, was it a good idea hmm?". And they would not argue back, nor infect the gene pool, because such was their destiny, to die, to get naturally selected out of the gene pool. THE END And this is it. Spectacular world shaking collapse. "Did not age well" does not quite describe it. And when everything falls apart, guess who does well? Smart people, rich people, ruthless sociopaths. Anything but not the working class or the poor or the retired. This will be a disaster but what matters is humanity and specifically the west gets out stronger from this. The west bureaucrats, not sure how to call them, mixed-economy liberal bureaucrats? Whatever they are to be called, they should face Nuremberg trials. I can say one thing: I am not staying behind to help fix this mess I DID NOT HELP CREATE, unless I see an opportunity to become an Oligarch like in Russia 90s. Maybe. Much worse than a stock market crash that takes years to recover from is hyperinflation. You know what to do. Each man for himself why try to help people that don't want help and do everything to go against the greater good? Meanwhile communist China - or communo-fascist is you prefer since the west laughs at communism and only takes fascism seriously - is becoming a commercial empire, a commercial superpower, conquering the world (literally, they own pieces of land all around Asia and Africa and soon in Europe & North America that will never be able to pay them what they own them - China is not going to become a military superpower but they do not neglect their army which is strong enough to enforce commercial contracts).
Education
by MrRenev
1