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.
Monetarypolicy
GBPJPY 1H Chart BoJ Interest Decision And Looking AheadGBPJPY fell this morning as the Asian session ended weary of the the BoJ's interest rate decision and release of Inflation YoY. This, coupled with the pair showing early signs of exhaustion is creating great weather conditions for a storm. The pair fell short of the 154.000 mark and looks to consolidate ahead of the BoJ's decision before a small breakout above the previous resistance line of 154.500 back in May, which was broken by the bulls as they headed for the psychological level of 155. This was broken easily and GBPJPY began testing 156.
Since then GBPJPY has been on a slow downtrend in the hourly which showcased some of the early signs of exhaustion mentioned earlier. This is merely a break for the bulls as the markets watch and wait for the BoJ's decision. The pound has been holding its weight even after Johnsons announcement of the 'freedom day' delay back to the 19th of July. With the pound sitting strong amongst Johnsons delay and the Yen looking shaky ahead of the inflation and interest announcements, this only really shows to me that the test at 156 is coming thick and fast once the Yen's anticipation has decimated.
Looking ahead into next week, after some stabilisation and consolidation from todays drop, we're gonna see the pair push past previous resistances such as 154 and the psychological 155 and begin testing the 156 mark. The pair might meet some resistance at around 155.500 due to the downtrend angle and resistance points but I'm not imagining its gonna dent the push that the currency will make over next week as there is little fundamental factors in play over the next week for GBP until Thursdays BoE interest rate decision which will look to follow Jerome Powells Hawkish decision to bring hikes in around 2023, and the Yen will look again weary as the holding their own meeting minutes early in the week.
I look forward to hearing thoughts and I'm definitely riding with the bulls over the 1H frame this next week
GBPUSD Bears Retain Control Following BOE's Policy Decision The Monetary Policy Committee (MPC) of the Bank of England expectedly maintained the near-negative Official Bank Rate unchanged at 0.10 per cent. The pound initially surged following the publication of the policy decision, but then the GBPUSD promptly retraced from the initial peak.
The GBPUSD probed the lower boundary of the Distribution Area in the wake of the policy decision but then retraced back. Nevertheless, this uptick was created following an initial dropdown to 1.38600.
The last candle's massive lower tail indicates uncertainty in the market and strong buying pressure just below the 100-day MA (in blue). The price action also appears to be strengthening above the 50-day MA (in green), which serves as a floating support.
The rebound from the ascending trend line indicates that the GBPUSD is not yet ready to resume falling as the bulls retain control in the short term. At the same time, the consolidation below the Distribution Area implies that bullish commitment is not sufficient enough to initiate a new upswing.
The prevailingly neutral market momentum is underpinned by the MACD indicator . Overall, the price action is likely to continue consolidating between the ascending trend line and the Distribution Area in the near future in an increasingly more pronounced bottleneck.
An eventual breakout/breakdown away from the two would elucidate the next likely direction for the market.
I ANALYZE FOR YOUR COMFORT - TREASURY BONDSOn the chart we have a “Hockey Cross” formation, which as we know is played down, at the ice level. The price of American bonds decreases, their yield increases, which shows us the inflation spectrum on the Horizon. I analyze bonds for investment less than for the effect that their decrease can have on the entire financial market. Dovish BONDS, means rising inflation, which means cheaper dollar, safer more expensive hats. This is only if the EDF does not intervene. Because if he does .... if he walks and millimeters at interest rates, then keep it .... If you find the analysis interesting, given that the impact of bonds is general in the market, leave comments and I will return periodically with update!
Head And Shoulders Pattern on the EURUSD The EURUSD appears to be developing a major H&S pattern, which is typically taken to indicate emerging bearish reversals, ahead of FED's April policy meeting. The expected upsurge in volatility later today and tomorrow (advance U.S. GDP data scheduled for release) would demonstrate whether such an H&S pattern is really in the making.
Notice that the Neckline is positioned at the massively important psychological support level at 1.20000, which serves the role of a prominent turning point. That is why a potentially decisive breakdown below the H&S's Neckline would confirm the beginning of a new downtrend.
The 23.6% Fibonacci retracement level serves as the first major target for such a downtrend.
How things got linked up with one chart(FED, Gold, US10Y,NQ)I covered this part in my video. To be more specific, I made this chart to better understand how things linked up.
US 10Y yield is the anchor that rising rates may indicate two things: 1)strong economy, 2) inflation
Fed is only able to directly control the short-term rate, say federal funds rate, not the long-end rate. On March 15th of 2020, It reduced the target range for the federal funds rate to nearly zero. That triggered the quick rebound of everything, including gold and NQ. We can see the two assets moved in the same direction . I bet everything moved to the upside!
So when things started to change?
In early Aug. of 2020 , US 10Y yield completed consolidation and started to go up in a moderate mode. Look at the slope! However, gold reacted to rising yield with a retreat from historic high of USD2075ish and it came all the way down. NQ shrugged off and kept moving higher. The two assets started to move in opposite direction.
On Jan. 6th of 2021 , I published an idea titled 'US 10Y jumped by 5+% A dangerous sign for stocks' . Actually, I'm concerned then, because I observed the speed of going up is tooo fast!
So when was the pattern of moving opposite terminated?
On Feb.8th 2021, US 10Y yield stood at 1.17%. That day was a special day. It created a new high, indicating the readiness of going up. Two days later, the yield started with a series of big bullish candles ! This time, stock market couldn't shrug off like it did 6 months ago. It tumbled with gold. The two assets moved in the same direction again until now!
So, when will this pattern be terminated? I don't know. But that day comes with a few signs as below:
1. inflation goes above 3% above. Funds will go back to gold again as it serves the function of hedging inflation. Stocks, especially, growth stocks will suffer a lot. Value stocks will outperform the growth.
2. Corporate earnings are way better than expected. Investors realize that stocks are under valued. The main driver of the market comes back to earnings, not the monetary easing policies. Dollars may get stronger with funds outflow from emerging markets.
That's the map in my head of what might happen in the future. Follow the path, I'm confident to dig some opportunities.
Give me a like if you love this idea!
Predicting thoughts of institutional investors and FedI see many people say on internet that the market is highly volatile and very hard to predict the trend.
In my opinion, institutional investors (even including Fed) have different thoughts about where the economy is heading due to uncertainty.
So, I want to guess what they are probably thinking so that it may give us some clues why the market is acting in this way. (sorry for my poor english)
(1) There are people who think there will be inflation, while others not.
Covid case/death is decreasing in US, UK, Japan, and Germany. This makes us think that the economy is recovering and will lead to inflation, resulting in recent high US10 yield. However, Gold price keeps decreasing. Some probably think that investors are selling Gold (no interest) and buying bond (have interest). Maybe right but maybe not. Gold is hedge asset for inflation (obvious if you compare Gold price vs inflation in the past). Because Gold price keeps decreasing, it means some people think there will be no inflation.
(2) Markets have reflected positive news (decreasing covid case/death, start vaccines, etc).
But have markets reflected any negative news yet? When the economy starts to recover, there will be change in fiscal policy (gov stimulus, investment..) and monetary policy (no more easing) and creditors will collect from companies/individuals liabilities (debt, loan, etc) which have been extended due to the covid. Markets, especially S&P500, will possibly go down sharply when starts to reflect negative news. Maybe, there will be deflation first, then high inflation later. The worst case is stagflation. Who knows. There are many possible scenario.
(3) Fed will possibly try to decrease long-term bond yield.
Even though Powell said he focuses on labor market and stable inflation, long-term bond yield is high (even Fed governor/economist Brainard said she was shocked). If yield keeps increasing, Fed will possibly try to decrease yield by purchasing long-term bond.
Please let me know if you have the same opinions or different ones :)
Economic, geopolitic, monetary news. Issue No 3.1- Bunch of hippies partying in an anti profit "environment friendly" are stunned and learn a harsh lesson about reality
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I'll start this with a fun one. Try not to laugh.
Vice produced a video about a couple dozen of hippies that ended stuck in a jungle after being placed under quarantine due to covid-19.
"The Tribal Gathering Festival in Panama was placed under quarantine due to the COVID-19 pandemic on March 15th. There are still 40 people trapped on site, in a jungle by a beach that’s no longer paradise.
On April 21st the flight ban in the country was extended to May 22nd, meaning the festival-goers will be stranded for at least another month. This is now the last festival on earth."
They are now fighting for food. The owner of the manor that I think was organising the event told them something along the lines of "whoever steals our food will get beaten, remember who this land belongs to".
A few weeks ago they were smiling, and partying, calling the modern world so messed up, and calling their little party in nature "paradise", and a return to nature we all needed. Now they are fighting over food, fighting with insects, fighting with a bad sewage system, and they are calling it "hell", including leaders of Exctinction Rebellion.
The festival was “designed to be a temporary paradise where people from western cities could learn from indigenous communities about how to rebalance society and live in symbiosis with the earth.”
From the district herald:
"While the situation is terrible, of course, it has also become extremely comical. The hippies are now being forced to live in their theoretical utopia — and they aren’t having the amazing time that they imagined."
A girl wrote this, I like it when they are cruel 🔥🔥🔥
What is this? It is the smell of satisfaction.
2- The largest sovereign fund in the world vows more transparency, historical dumps
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World's largest sovereign fund vows more transparency on shareholder votes:
The Norway sovereign fund, which invests about 2/3 in stocks, and holds around 1.5% of all world listed shares, will explain its decision in particular when they oppose the board recommendations.
“It is particularly relevant for companies and the general public to understand why we in some cases vote against the board”
Norway mega pension, the Oil Fund for short (not the official name), is planning a historical sale of 382 billion coronas (/9.85 = 39 billion usd).
Total assets: 10 340 768 501 978 NOK
China own wealth fund, China Investment Corp., which holds about $941 billion, almost as much as Norway's, is looking for more resilient assets (fixed income) and they said they were watching the short term volatility but were happy with the stock rebound (rekt in 5 4 3 2).
They bough tech stocks, and 12.7% of a norwegian airline company's shares.
Abu Dhabi fund (3rd) postponed a $2bn sale to the second half of the year.
Saudi Arabia (10th, $320 bn AUM) went on a shopping spree.
Doesn't seem like they have sold yet. Who's running those? Bureaucrats right? They'll sell at the bottom (and push prices lower).
Ding Xuedong (born February 1960) is Chairman & CEO of China Investment Corporation. Prior to this he held several positions in the Government of the People's Republic of China.
Norway fund is run by The Parliament, the Ministry of Finance, Norges Bank, and in particular Norges Bank Investment Management.
CEO Yngve Slyngstad holds a Master's degree in law from the University of Oslo and a Master's degree in business management from the Norwegian School of Economics (NHH). He also has a Master's degree in economics from the University of California and a Master's degree in political science from the University of Paris.
And when they get desperate to feed their people or repay their debts, they will do an "emergency" dump.
Doesn't say what their accomplishments are. Bookworms and politicians. Maybe they'll never sell because "always go up", then faced with something new they didn't learn at their 10 different schools, they'll just do something absolutely idiotic. Prob sell once down 90% because "risk management" and "our people need to have something left".
Norway blacklisted some Oil companies including canadian ones, and Trudeau was happy about it, climate hoax etc.
3- Europe central bank warn of losses, Iran central bank takes over militia owned banks
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Iran central bank is nationalising banks which I think have massive losses/deficits.
The regime plans to remove four zeros from their currency (maybe call it the rial fuerte then).
Europe central bank warns european banks of major losses. Pfff the FED is way ahead of them, they completely deleted any reserve requirements to US banks. Can't lose your client money if you hold none, genius. What is this? A bank run? K we are going to give you, dear clients, our entire reserve :)
ECB release with complex charts and ideas and numbers:
www.ecb.europa.eu
ECB press release with simple terms for simple journalists :)
www.ecb.europa.eu
The journalist version is a 1 page summary of a very long report.
On the "complex release" you can find a chart on one of the first pages showing deaths per 100,000 and government response stringency: it goes up. Does the gov response gets harsher the more deaths in % they have... or is it the other way around? 🙃
They list risks, speak of big declines, and reeeeee uncertainty. Nothing surprising.
4- Massively in debt economies are terrified of deflation
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The governor of the central bank of Canada sounded off the alarm about deflation.
Basically he said this
"Oh no! If we do not fight deflation we might have to really repay debts and won't be able to rob the public."
"Oh no! With all the borrowing the government did, we are going to need to inflate this debt away just like Venezuela and Germany and Zimbabwe did. We must fight deflation at any cost, and bazooka money into our countries to rob the population to pay back all this debt."
Those are his words "Although a minority of observers worry that these extreme policies will create inflation someday, our dominant concern was with the downside risk and the possibility that deflation could emerge"
Yes, a tiny minority, we can ignore these crazy perma bears. What matters is The 97% Consensus™. The majority is often right.
"Someday", oh it's a tiny possibility that only a crazy minority of weirdos believe and it's far awya in time? Good nothing to worry about then.
I really wonder if those people are complete idiots, or if they run a conspiracy to get elected and rob the public.
His words:
"Deflation interacts horribly with existing debt, the two main ingredients of depressions in the past," he continued. "In effect, then, we were saying that the downside risks were sufficiently dire that there were no relevant trade-offs for monetary policy-makers to consider. Picture the pandemic creating a giant deflationary crater in the middle of the economy; it takes what looks like inflationary policies to offset it."
But of course! Deflation is what causes a depression! YES! It is not the cure or a symptom but better! THE CAUSE!
Depression using its time traveling spaceship goes back in time and creates a depression through the magnet science effect. 🧠
I am saving and remembering this. We are in late May 2020, the public bullishness is at ath, wealth funds are bullish, central banks are printing and think this will fix every thing, and we (me + others like me) are still getting called "a minority of extreme perma bears". This will age beautifully!
5- Republicans sue California governor over "Execute order 66" vote by mail
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And here we have it! This is the power grab. Never let a good crisis go to waste.
California governor executed order N-64-20. Sounds very similar. And btw 64+2 = 66. I would not be surprised if he did this on purpose.
Republicans are shocked and suing him, or the party or the state whatever.
Mail voting has been showned to be a complete circus, with dead people voting, democratic voters receiving ballots but republicans not getting them, some commit forgeries, some pressure voters to vote for a certain president or moc and so on.
CNN unsurprisingly is defending Palpatine, and calling Trump fact based comments on the subject "false".
"We have to take the senate and get rid of Trump by any means necessary" and even "no matter how many people die".
Civil war will be lit. Maybe the depression will end up in the apocalypse and satan will come to earth to learn tips from bankers & politicians. 👺
6- SpaceX cancels their crashing of a spaceship
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SpaceX and NASA, which are able to predict the weather with absolute certainty in 50 years were planning on launching a rocket into earth upper atmosphere, and I was all ready to watch the explosion, but due to bad weather they cancelled it.
The launch, which is financed in the billions by NASA and TESLA investors, is postponed to Saturday apparently.
Economic & Currency news n°23In Argentina big bags of Soybean worth $100,000 are being destroyed by mysterious sabotageurs
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The country with the longest continuous lockdown in the world, that also has the 4rth highest death rate in the world despite having a quite young population, median age ~30, and has sort of been in a depression for 20 years thanks in big part to powerful unions, you guessed it it is Argentina.
The declining and angry country has had night-raiders for a while but now they are going further and destroying big bags of ZS.
From zerohedge:
'The country's new Vice President, Cristina Fernandez de Kirchner, had formerly depicted the country's farmers as a "greedy clique of businessmen" - a sentiment that farmers believe is emboldening the attacks.'
Hey, maybe they are sabotaging bags to make the prices go up even more? As some may know the price of grains especially soybeans has been going up and up and up and up and...
Cristina Fernandez de Kirchner is vice president, but also the previous president (that had all the debt problems), and the wife of the president even before that. It's not even a deep state swamp anymore it is a monarchy at that point.
Argentinans are tired, perhaps they follow Guatemala steps and burn presidential buildings to the ground (Guatemalans burnt the parliament but in Argentina I think their problem lies rather with the executive). Maybe they'll burn it all. Maybe another coup.
Fertile grounds for Dirty Wars 2: the right-wing death squads are back.
Maybe owners will fight against unions. Before the spanish civil war, owners were acting cruel towards workers, things kept escalating until boom.
In both Spain & Argentina wars it were the owners that won. Time for a rematch?
Meanwhile poor countries are more broke. "We have to save lives" ==> "We have to send food to save lives". Food producing countries (Europeans & european offshoots) are half destroyed already, will their be able to take an additional huge burden and send millions of tons of food to Africa?
UK supreme court calls government control freaks, UN calls Macron law a violation of HR
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Of course there is a dictatorial drift, I'll try to keep it short:
- Lord Sumption of the UK supreme court noted that the “debate about whether to let us have a family Christmas perfectly sums up what is wrong with this Government’s handling” of the crisis, called the government “control freaks” and their actions “morally and constitutionally indefensible”
- France president Macron, liberal-center, after angering the whole muslim world, is pushing a law to NOT film police (that have been beating workers - yellow vests - for 2 years before the covid thing) which the UN called a violation of the declaration of Human Rights. Fun fact: during the french election 2nd turn, millions of french went to vote to "stop Marine Le Pen" because "she hates muslims" (lol that aged well) and is "authoritarian" (lol that aged well).
- The Nigeria central bank has frozen the bank accounts of several protestors (technically banks acting on behalf of the central bank), the protestors are saying they are being targetted and the bank is saying "nono it's just routine investigation". Good job throwing dynamite into the fire. Young Nigerians have sworn they would boycott the banks and withdraw their money, luckilly for them correct me if I am wrong Nigeria has a reserve requirement of 27.5% unlike the west that is pretty much at zero.
- The European divide widens: Poland and Hungary have put their foot down and blocked the EU budget, they are saying no to woke liberal-globalists that want them to take boat after boat of migrants in & practice abortions (it was promised they would be sovereign on those matters I am quite certain), I've seen some Polish MPs use the slogan BLM (Babies Lives Matter).
- Breaking news: Iran top nuclear scientist assassinated, they claim "Serious indications of Israeli role".
Largest global study on the subject finds no association between stict stringencies and deaths
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Take a deep breath. Smell that? It is the sweet smell of satisfaction. Redemsivir fiasco, and now a large study that confirms what we already knew: lockdowns are dumb and useless. And incompetent technocrats are speaking of making a mysterious vaccine that does not even exist yet obligatory, and even saying they'll start testing it on the population next month!
"https://www.thelancet.com/journals/eclinm/article/PIIS2589-5370(20)30208-X/fulltext"
"Rapid border closures, full lockdowns, and wide-spread testing were not associated with COVID-19 mortality per million people. However, full lockdowns (RR=2.47: 95%CI: 1.08–5.64) and reduced country vulnerability to biological threats (i.e. high scores on the global health security scale for risk environment) (RR=1.55; 95%CI: 1.13–2.12) were significantly associated with increased patient recovery rates."
Cool so the only benefit is people recovered faster from the sniffles. Awesome.
Oceanic currencies bullish catalysts, NZDUSD accelerating up, hence retail is aggressively shorting
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"Textbook RSI sell signal" 😂
I don't even remember what the bullish catalyst was but they know there is one, there was also some leaked info, my brain filtered it I guess.
NZDUSD is at 2 year high, and has been accelerating up for months, a few months ago I complained that AUD & NZS were so choppy and slow and boring, but they have been progressively going up faster and faster.
And they have been firing clear signals for the past couple of weeks and even more in the last days, during which I have also witnessed individual investors short more and more.
On myfxbook 84% of the dumb money is short now.
The price action is similar to what we have seen on Bitcoin.
Everything is correlated and there has to be a psychological factor. Even if there is no price correlation between everything there are behavior correlations.
I would want something like this:
This reminds me of what happened in March...
Just for fun, the next huge movement of idiots on USDCAD came at "the bottom"
They're just so bad, really.
Sveriges Riksbank (no shutdown) announced they were also going to print money out of thin air
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Sweden did not economic shutdown but everything is correlated and no one is isolated, a global slowdown will effect every one.
Their GDP sank, and so like other banks they are going for bigger than expected QE (didn't see that coming), trying to magically print their problems away. Herd things.
We are living inside an apocalyptic bear's dream.
Biden is planning on nominating Yellen as Treasury secretary, infinite money lovers freakout
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In some factions of the democrat party (the ones with more "limited" intellectual abilities wink wink) are worried as Yellen has voiced concerns in the past about debt and led us to think she was rather for reducing debt also known as the method to steal purchasing power from the people and from China.
What a time we live in, can you imagine people openly getting angry at those that want less debt? 🤤 😂
"Nooooo we need more crippling debt 😠! We need to bring the bazookas and destroy our country!"
Back in all of history I never heard of such a time, but maybe it was forgotten... Bankers and governments had to hide the debt or currency devaluation in fear of the public getting really angry. People have turned to such wageslaving welfare cattle that not only they have no idea how anything other than their boring repetitive job works, but they are even FOR more debt.
The stories of the past of what happened when the public found out about debt/inflation are marking. One of my favorite that I won't forget is Byzantine Emperor Justinian II that got caught turning real money into some partial fiat after the arabs tried converting dinars into their currency. The bankers got the brazen bull treatment. Nowadays if the government officials did this most people would not care and the "some factions of the democrat party" would cheer and carry them on their shoulders I'm dying 🤣
Run entry of the gladiators. Make it the NWO global anthem.
Time to go short on BTCI am very skeptical about the value of Bitcoin. Basically, I think the intrinsic value of Bitcoin does not come from its scarcity like gold, but it only comes from the reliance on the fact that Bitcoin is able to be exchanged with fiat currencies in exchanges. That's all of the intrinsic value of Bitcoin, that's all.
Anyway, given that Bitcoin is "digital gold", we should have a look at the relation with gold and the recent move of the gold price, shouldn't we?
BTCUSD/TVC:GOLD
The ratio of Bitcoin to Gold reached x10, the current level is just at the huge phycological level.
In the previous bubble, the ratio reached x15, but this deviation will not get wider since Bitcoin is now more well-acknowledged as "Gold".
TVC:GOLD
Next, we should look at the recent gold price move.
Gold had been bought massively after the coronavirus shock in March as it was seen as the hedging tool for the devaluation in currencies and the global trend of fiscal deficit expansions lasted to the beginning of August.
After the beginning of August, the tone of such expectations for fiscal stimulus went down because the round one fiscal stimulus had been delivered urgently.
Since then, the gold price has been stable at around $1900 and we did not see the massive price action anymore.
Last several days, the gold price plunged and broke the resistance at $1860. This is obviously because the US Treasury decided to pull the unused money for emergency lending facilities from FRB.
The market reaction is quite clear, the US dollar appreciated, stocks are struggling from going up, EM currencies are declining. This is a typical reaction to austerity.
So... look at Bitcoin. Bitcoin has also been pumped up by flooding money after the pandemic as well as other riskier assets. And it still keeps being at the highest level not like other financial assets.
We now have to think about it... Gold or Bitcoin, which one is correct?
I can confidently say that Gold is right because Gold is one of the most matured financial assets and has plenty of liquidity and it exactly follows the policymakers, who rule all of the markets.
Bitcoin is now evaluated as very expensive. This could be because Bitcoin is not that matured assets and a self-reinforcing cycle often occurs which means a bubble tends to happen easier compared to other matured assets.
Now is the time to go short on Bitcoin, the bubble will be over shortly.
Correlation between M1 and M2There are lot's of people claiming that an expansion of the balance sheet (M1) does not lead to an inflation of the monetary supply (M2) since the additional reserves created by the Fed can't be spent by the primary banks that receive them. This fails to account for the fact that the financial institutions that sold the bonds to the primary banks (who in turn sold them to the Fed) did receive spendable currency, and that there are less debt instruments on the market after the purchase than before, creating the space for companies to issue further debt. This chart demonstrates that a significant correlation between the two does in fact exist.
Correlation between M1 and M2-M1There are lot's of people claiming that an expansion of the balance sheet ( M1 ) does not lead to an inflation of the monetary supply ( M2 ) since the additional reserves created by the Fed can't be spent by the primary banks that receive them. This does not take into account the fact that there being less debt instruments after the purchase (yet the same amount of currency) will create appetite in the market for companies to issue new debt, leading to an expansion of M2. Additionally, in the future the primary banks could use those increased reserves to lend more money into the market if/once the appetite for borrowing increases and interest rates increase. To see whether there's a correlation we compare M1 (e.g. cash & reserves) with M2-M1 (broad money supply minus cash & reserves).
The myth of hyperinflation series- #3. Fed's effectivenessHow effective are Fed's monetary policies and tools?
Fed has three simple goals- Grow GDP, keep inflation rate steady and keep the unemployment rate low.
Some argue that Fed's perceived power over the market was exposed during several occasions-
#1. During the 2008 in the midst of sub-prime mortgage crisis, the market continued to plunge despite the Fed's efforts to bail out Fannie & Freddie and other financial institutions, implement the Troubled Asset Relief Program (TARP) and issue $800b stimulus package. The market finally stopped the bleeding in early March 2009.
#2. When Fed ended the QE3 in 2014 by announcing its attention to raise the interest rate and slash the Fed balance sheet, many people believed market would crash. Instead, market shot up to ATH in 2015.
#3. This year during the onset of the Covid-19 crisis, Fed started out by cutting the rate by half percentage to no avail. Afterwards, Fed intensified its intervention effort by reducing Fed fund rate to zero. Nonetheless, the market tanked another 15% before it hit the bottom.
One can point to the Fed-induced booming housing market in early 2000 as the major factor for the fast economic recovery after the Dot.com bubble and uses it as the counter example.
Market is driven by crowd sentiment, but crowd sentiment, which in turns, is partially driven by Fed's decision. It is a chicken and egg conundrum. They both influence each other, but the degree to which each influences one another is impossible to discern.
The safe conclusion to draw is that it would be overly optimistic to rely on Fed to get us out of the next financial crisis unscathed as it will take more and more stimulus package to get the job done. The best it can do is to mitigate the severity of damage.
Next, let's examine some of the conditions and criteria that are related to inflation.
Bitcoin (BTC/USD) Weekly Daily Chart Analysis For Aug 17, 2020Technical Analysis and Outlook
Bitcoin's price broke out of the strong physiological resistance of $12,000. Before we could open a nice bottle of champagne and start celebrating, the price collapsed by forming a Key Resistance marked at $12,300 , which is part of the Trade Selector Signal TARC symbol and retreated to the Mean Support $11,395 level - The retest of the TARC is expected. To continue the rest story, see 'Weekly Market Review & Analysis For August 17, 2020 page.
Towards a New World Order They try to call it the new global order, or the future world order, or to avoid naming it at all.
I like to call it the ❀~❀~❀~❀~ New World Order ~❀~❀~❀~❀ because this is how the conspiracy theory guys call it and it amuses me :D
Go to the end of this idea for my predictions.
Trump recently made a very interesting statement: We need to work on income inequality in the USA.
And you should know he also wants to devalue the US DOLLAR because trade partner get an advantage out of it.
Now this advantage I think is much smaller than the free purchasing power the USA steals from foreign countries.
But as they steal purchasing power from the world (china in particular) this wealth is unevenly distrubuted in the US.
So as I see it there are now 2 camps in the USA:
- Trump that wants to retreat from the world order and that will lose the reserve currency and that additional wealth BUT will make the economy strong and the country more fair, and SOLVENT. Populist. All his goals equal removing the usd as a world currency.
- The left / radical left that will bring unstability and lose the reserve currency too (by printing infinite paper for "free stuff" AND because of instability), destroy the economy, make the country more fair, and the opposite of solvent. The oligarchs and big tech that benefit most from the usd as world currency and from US centered globalism are all in this camp, "Black Lives Matter!" "Trump issu bad!" gee I wonder why.
Conspiracy nuts speak of these things:
-> A totalitarian central government that controls the world. Oh you mean like the US government & military and their Saudi friends since the fall of the CCCP?
-> A central world currency controlled by a few bankers. ???? Oh you mean the US Dollar???
They are so oblivious it's funny.
Europe (the EU) is falling apart and the old world order has clearly being breaking down.
The US and the UK have gone onto a total retreat from it, and they were the main country to design it in 1945!
Back then the world had been traumatized by how fast we went from WW1 to WW2, after idiotic leaders had this truly horrendous idea of forcing abnormal reparations on Germany.
At least the US that sort of took over back then came with the Marshall Plan and opposed these lunatics of the Soviet Union that wanted to force Germany to pay pay pay! (They needed even more slaves than they had in the gulags to fuel their idiotic failed socialism plans that were very weak even with all the Oil they had).
The major old world bagholders are really Canada France Germany and I guess the left in the USA but not even true because the US left is divided with socialists that hate the world order too (the US dominated globalist world order they'd rather have either China at the top or "no one").
Central banks but mostly China and Russia have been accumulating gold (Russia because they have a brain it seems, and China because they have to reduce their USD exposure).
No one wants the USD to continue being the currency of the world but the sheep that are always years late to everything.
CNBC brought some experts "greatest economic minds in the country" and I pissed myself, "Gold 2000 is temporary. This rally will fail like every other one. Once the US central banks bring back rates to above real negative (> CPI) the USDOLLAR will recover and gold will go back down" Oh so never? Lmao the FED literally said they would not raise rates in 2020, and have plans to overshoot their inflation targets. How can anyone be that stupid? 🙃
CNBC is truly the best counter indicator. Wait a few months and watch them recommend every one to buy with all they got.
The liberal EU-NA world order is done. You don't need a US-Spain or France-Germany war for a risk of nuclear meltdown.
The biggest risk was USSR-USA with that order.
Germans are not even aware they lost 1/3 of their country to Poland, I guess they might get pissed when they learn it, and when they learn east germans getting kicked out of their home were the biggest mass deportation in history.
India & China started clashing. The world is not going to go to complete isolation because of this outdated world order dying.
All the people that fought in WW1 are dead now... Adults from 1945 are 100 years old. There is nothing left. It's irrelevant.
Ye the UK and US have tried to get more isolated. But seriously the US and UK have never been in our faces as much ever before.
The world with the internet is so open now. Are those globalist leaders so blind and so stupid they think the french in 1960 were closer to the UK back then than today???
The smartest risk management would be building bunkers and finding ways to absorb radioactivity.
Well anyway the world currency is changing for sure and the 2 contenders are Gold and the SDR.
The Euro is not going to take over, it might be a temporary replacement or a secondary to the USD for a while that's it.
Forex is much easier now, and we can create whatever we want. Maybe a basket of currencies is too much too many variables too many reliables.
Did you know there were (much) more countries with a currency pegged to the Euro than the USD?
The world could go for a total new invented currency. A basket seems complicated but not impossible.
It could contain currencies like the ones counted in the dollar index (versus USD), plus gold:
But then there are too many countries to watch.
In global trade gold can be used but then you can have venezuela situations, where the gold is in England and they won't release it.
A single currency has all the problems the USD has...
Bancor?
Create a country that sole goal is to be the global reserve currency state?
There are 2 things with a world reserve currency:
1- Foreign reserves. Countries all have their armies of financeers, risk managers, wealth funds, etc. They can easilly manage a basket of currencies. There are so many financial tools here it is easy to replace the USD. The "world currency" for this is already USD + Euro + Gold + a little bit of everything else for the remaining 10%
2- Global Trade: What currency to be used for buying & selling Oil and food? What is the official denomination for prices? What are they tracked in?
An index currency (a basket) can be used but then it gets too complicated. People can barely spell their names or remember the last time the world tried to save us with cotton masks (barely a few years ago). Right now the USD is used in 50% of exchanges, and the Euro 30%. The currency every one uses as their standard internationally is the usd. A crypto like Bitcoin (but that makes sense and works) has some good points, and this is why central banks are looking into it.
Gold why not, I really can't tell, maybe it is the only option. Or maybe a basket is not that complicated after all but then a globalist power above the countries need to regulate them (the power can be made of officials from each of the countries).
Whatever the way they go, we will see.
I like the idea of a basket tbh, gold should be included to reduce countries powers and make it more fair/stable etc. But it isn't that viable.
All countries have the same goals and about the same inflation targets already so the problems with a basket are not that big of a deal.
There will be a talk in january 2021. I think we might have to separate the 2 elements I listed.
❀~❀~❀~❀~ Predictions ~❀~❀~❀~❀
If I have to take a guess I would say we will end up with this:
- An IOU credit generated world cryptocurrency for global trade
- A basket of gold and sovereign currencies and some iou cryptos managed by financeers for country bank accounts
Countries that overexport have to liquidate their ious they'll never use.
Countries that overimport (africa) have to always buy them (jk they can't afford it so they'll take loans they'll never repay but that's another question)
+ Locally countries will exchange in local currencies alot probably (japan china can just trade in yuan-yen)
The Forex market will change and the main exchanges will be (iou crypto)-usd/euro/etc BUT it won't be 90% as with the us dollar.
There will still be whales, it will be a little less macro global and we'll have to look a bit more at how individual regions imports and exports and monetary policies and economies are going (less of watching the USA only will be a breath of fresh air).
And yes of course gold importance will go up but it will not be the mega new paradigm all powerful gold and nothing else of Peter Schiff & other goldbugs.
Maybe silver is added to reserves in low percentages?
The USA will be a less huge player in finance.
London will continue to be the major Forex HUB, probably even bigger.
Economic, geopolitic, monetary news. Issue No 7.1- New U.S. Navy Tomahawk Missile Now Runs on Corn
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Looks like when we'll run out of good old oil we'll still be able to travel to space, project armies, launch all sorts of devices in the air.
"Los Alamos National Labs has come up with a replacement fuel for JP-10 that uses corn bran and other feedstocks instead of petroleum products. The result is a fuel that can be sourced directly from America’s most plentiful crop, bypassing foreign sources."
They claimed it would be cheaper than Oil. Maybe. All that corn is used for fructose sirup because it's cheap already.
Anyone seen The Informant! (2009)? It's about the lysine price-fixing conspiracy with a corporate director or whatever he was constantly lying to the FBI (or whoever was running the investigation).
Oh and what's left goes to feeding livestock, and then a tiny part goes to making tortillas or just selling as corn directly.
If Oil is free corn prices will fall but they won't be cheaper than free. It's all going to depend on Oil price.
+ Storage also of course as the world has learned a few months ago which might not be the same for both.
Oil is fat, it has more energy than ethanol (9 kcal/7kcal), not sure how much is in crude.
"As of May 2020, the rack price of ethanol was $0.75 versus $1.06 for unleaded 87–octane gasoline", 30% cheaper and 30% less energy in it.
The "experts" are saying ethanol is really terrible, not sure why. Because it takes space? Fertility rates are dropping and are even abysmal in the west, they're not very high in other countries either except black africa. And alot of people really want that Bill Gates vaccine? On an earth with 5 or less billion people it won't be a problem by the time we run out of oil (if that's not a hoax). The "greens" should push for de-urbanization, distributism, decentralization, working from home, and flying trams like in Japan. Then you won't need so much gazoline or ethanol.
2- New World Order: UN & BIS statements
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From modern-liberalism site wikipedia:
"The New World Order or NWO in conspiracy theories is the hypothesis of a secretly emerging totalitarian world government.
The common theme in conspiracy theories about a New World Order is that a secretive power elite with a globalist agenda is conspiring to eventually rule the world through an authoritarian world government—which will replace sovereign nation-states—and an all-encompassing propaganda whose ideology hails the establishment of the New World Order as the culmination of history's progress. Many influential historical and contemporary figures have therefore been alleged to be part of a cabal that operates through many front organizations to orchestrate significant political and financial events, ranging from causing systemic crises to pushing through controversial policies, at both national and international levels, as steps in an ongoing plot to achieve world domination."
Haha! "Conspiracy theory". Well that aged well.
Unelected UN secretary general for his 75th UN charter anniversary conference speech said that they saved the world from WW3, and has used covid (never let a good crisis go to waste) to show how important the UN role was, and that it showed we needed more of it.
He said the world needed a global governance (sounds alot like the "conspiracy theory"), and has criticized world powers for not playing along (Trump, Putin...). He has in particular whined that the P5 were not all present and it made things harder (China & USA, and also Russia France UK because they used to be relevant well they created it also).
"In the 21st century, Governments are no longer the only political and power reality."
reliefweb.int
The P5:
China is pro NWO (they want the USA to lose their power). The UN praise China.
France president previous job was at the Rothschild bank, and we had some of the strictest lockdown rules against the coronahoax. The UN praise France.
Russia wants to preserve christan white values, have banned Soros & Rothschilds from their country. ==> SANCTIONS AND MORE SANCTIONS AND MORE SANCTIONS.
The USA have Trump as president and he made it very clear he was a patriot anti globalists ==> Black Lives Matter and Antifa are starting a civil war.
The UK had Brexit, and the neo-marxist weihmar 2.0 party (using the name of the labour party) had its worse result in history ==> Stabbings, fights with police, etc.
Jeremy Corbyn brother is a "climate denier" and I bet Jeremy is too in reality.
BIS now: "Pandemic may have strengthened case for central bank digital currency" and also is urging central banks to speed up their own transitions/dev of digital currencies.
It's hard to impossible for a population to gain their freedom in a big country, logistics, getting together, etc...
Even worse look at the Kurds: betrayed by the west they did not get their country, now they are split in 4 countries.
4 different groups that speak different languages, what can they do?
Imagine a global world government, that also has total control over the money supply. Good luck.
The BIS and UN statements have come the same day. Just like "happytalism" but at least those were concerning the same thing.
It's always coordinated. "Conspiracy theory", oh and what else is a conspiracy theory? That Biden wants to give executive power in the USA to the democrats? How stupid are these people really? "Conspiracy theory".
3- PBOC refuses to monetize the debt or use negative rates
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They say they want to use tools but moderate, without opening the flood gates, and are planning the exit in advance (I heard that before 😀 To be fair there is a big difference, the FED said "yeye sure we'll get out of it don't worry" that's not the same as having a plan).
And here we have it: "If the US Federal Reserve puts too much consideration on the "internal scenario" when making policies, it may hurt the global financial stability and lower the creditworthiness of the US dollar."
Not new that China dislikes their too great dependency on the dollar and have been trying to separate from it and have bought plenty of gold.
So not much to say, they're avoiding going full insane. No money flood.
4- Non marxists jews are really starting to worry
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Who could have seen this coming? Took them long enough. Plenty of jews, including lgbtxyz and worried now xd What'd you expect? "Kill all whites" "Oh no they're becoming radical Hitler might come back".
Some have emitted worries that all the violent racial rethoric was bringing whites together in a solidified group and you know, and so on.
"One of the reasons I’ve been worried about the current state of racial politics is the potential that it will drive aggrieved white people to the far right. Seems like an obvious problem but I rarely see people talking about it."
Weimar 2.0 can lead to Hitler 2.0. The west was confronted to Hitler thought, and learned to be afraid of it, they didn't learn to be afraid of Stalin. So maybe that's what will happen. Oh how fortunate that in january 2021 as a new US president takes office well intentionned people are coming to save us all with their new world order.
Maybe add them to genocide watch? Both jews and european whites.
5- Mexico pesos inflation & further rate cuts
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Mexico does not care. Another western offshoot even thought they're not considered so. And another similar reaction.
Trying to look like Argentina, which also is a white western offshoot not considered so because reasons, that had great policies and also a great depression. Argentina literally has a german reich army, and all the nazis fled there, but hey, they're not part of the west. Logic. Mexico is aztec-spanish so it's arguable I guess. Still, pretty similar methods.
Mexico growth is predicted to be under -10% this year which is the non official requirement for a depression.
And China that isn't doing this, like other SEA nations. 20 years ago the west told them not to, and they learned. The west thought did not learn their own lesson.
Hey you remember that never ending sideways in 2018-2019? Ye that's over.
6- Companies end their Facebook ad contract, and FB decides they'll be censoring politicians they don't like
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Large companies including Unilever (the company now based in London and made anti-Brexit bears look stupid) have terminated their ad contract with Facebook due to them refusing to censor Trump. It's at least for 1 month.
For Unilever it's the whole year. Statement: www.unileverusa.com
Ben & Jerry (A Unilever product) have said "silence is racism" or something like that, and "We Must Dismantle White Supremacy".
Unilever has even rebranded some products in India under pressure from idiots that are always wrong and never learn in the USA xd
Advertisers are boycotting Twitter and Instagram too, but FB is what we heard most about. Other famous names include KO, Hershey, VZ.
Unilever is the world largest advertiser and they're a big chunk of internet platforms revenue. I don't know what the total share of all the boycotters is.
Big tech was the one sector pulling the US economy up, and away from a mega depression :)
I wonder who started with campaign. Oh, it happened to be the ADL, didn't see that coming.
"Provide audit of and refund to advertisers whose ads were shown next to content that was later removed for violations of terms of service. We have documented many examples of companies’ advertisements running alongside the horrible content that Facebook permits. That is not what most advertisers pay for, and they shouldn’t have to."
KO has an official statement on their website:
www.coca-colacompany.com
The Oligarchy wants social media to follow Stalin example and remove everything. Just a few months before the NWO is introduced.
The oligarchy shall not let Zuck not censor the US president, and "fight hate speech" (promote marxism, the nwo, the oligarchy).
Some companies have already started to drool and congratulate themselves on their power over social media.
And on the other side, the US executive have issued an order to punish social media over their censoring of conservatives, and the social media shield from 25 years ago (they're not publishers) is being rethought.
Trump also wants to modernize anti trust laws.
Trump wants to permanently "boycott" federal ads on social networks.
Stuck. Pulled from both sides!
If Trump wins FB TWTR etc will be in big big trouble xd. They must be praying for the democrats to win, presidency and congress, so at least they can survive.
No need to explain what could happen on an investment perspective. FB has thousands of advertisers thought. And not the first time they do this, or threaten to.
Huge companies will stop at nothing to preserve wageslavery. Even if dems win social media will be in trouble, it's expensive to run a Reich Ministry of Public Enlightenment and Propaganda. They have billions of users, but maybe they can use garbage algos like youtube? Having to refund advertisers thought xd This can only end well.
As you can expect, UNI have been criticized for not having enough blacks at the top, which is their fault of course.
So on 1 side we have the government, that is against regulations and against big government and pro business and pro profit.
On the other side we have big companies, oligarchs, that are pro marxist-stalinist ideas and want a bigger government and big control and censorship and anti-business, the boycott is called "Stop Hate for Profit".
🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🌍
Pathetic excuses. Shameful. Losers.The more protests and laws and bribes they get, the worse off they end up.
Adversity Quotient = 0. This is what constant whining and blaming gets you. Absolute defeat.
Imagine being given everything and getting absolutely put to shame by people with the same skin, which you use as an excuse, coming from third world countries with plagues and everything.
Mobs of angry idiots are destroying history right now, ye that'll help. We are seeing right now why so many very important historical statues, tablets, books, etc have disappeared. Mobs of angry idiots.
It appears clear as long as corrupt politicians bend to their idiotic demands this will never end.
After the great depression I guess people will be tired of this and put their feet down, the US might even end up with a NAZI president & congress.
How does anyone ends up addicted to a victim mentality? To me that deserves no respect. Victim addicts are the humpback in 300.
White women earn less than migrant blacks, this is to be expected and perfectly normal, as well as the first millionaire woman in the US being black.
Got my own theory, white women evolved to stay at home to take care of the house and kids. Pale skin = cold winter duh.
Expecting equality when thousands of years of evolution did their thing, so stupid.
It's really the perfect exemple of how the loser mentality produces loser results.
The simple fact of whining and looking for excuses instantly makes anyone a turd and a huge loser.
Imagine being near the poverty line while third world country migrants make 50 grans a year on average. Ridiculous.
Now when the US collapses, and stops getting free stuff via the reserve currency scam, and stops getting an influx of indian asian and more migrants, and are left with communists, it's so going down (until the nazi take over, bad for human rights but good for the economy), while africa will retain it's ambitious youth. I saw somewhere that the biggest correlation to a country economic performance was how good the top 5% were, I'll make a separate idea about that, still part of my long term reconnaissance mission on Africa, which can easily have a meteoric rise like China up up up! (While Europe & NA have a meteoric crater).
I expect with moderate certainty "afro americans" to migrate to Africa once it starts doing well, if the USA really go down the rabid hole, start asking for free stuff and commit crimes and whine about the system, then learn a really harsh lesson, potentially a lesson about pogroms.
French police is protesting after some cuck minister that struggles to pronounce words with more than 10 letters bend over for the mob.
In France even the police protests, national sport here.
Every 4 years... I wish these idiot globalists would stop doing everything the USA does...
7 months left until we hear about the plans for the new world order, sure am curious...
Will they go down the path of pathetic excuses? There will never be an escape, when you are wrong and keep adding to your loser you know what happens...
The woke club are literally retail traders that are too stupid to figure out they are wrong and keep adding to their loser until it blows out of proportion (civil war / nazis).
I can't wait to see Disney bend the knee to nazis and say that we need a cleansing. Disgusting people.
Meanwhile the FED are collaborating with Blackrock to buy stocks and to enrich each other via inflation and even directly with taxpayer money...
They're all jewish, so guess who will get the blame? So one more reason to think the nazi will take over. Watching "ice cube" get progressively redpilled live, lmao.
I'm not a communist, I'm not a jew, I'm not black. They will absorb all the blame.
And even if they don't for some crazy reason, I can get a passport for 3 different countries. Feels good. Just as long as I keep predicting everything in advance, and get out before the herd does (there is no way I don't front run the herd, IMPOSSIBLE).
And "slavery reparations" sound very very very much like "war reparations", hard to believe it's not intentional.
EU is making all countries pay to "recover", but guess which ones will be huge net givers and which ones will be huger net recipients?
Looks like a perfect recipe for yet another Europe war. Well done with your EU to prevent war, big brain geniuses.
There is but 1 goal: Grow that account, get that house in a rural area + crops, build that bunker. Be ready in case, so we'll be singing "they're killing each other, and I'm just chilling in my bunker". Risk management.
Self Sustainability, a bit of gold & silver jewelry, some lasting food, all set. And pro tip: make sure to go out IN THE MORNING. That's when people with jobs are out, the angry mobs go out in the evening ;)
Going to publish a survival guide soon if this keeps on going.
www.tandfonline.com
Can find articles quoting it for free
3 "Hydroxychloroquine is dangerous" study authors retract"Conspiracy theory". Took less than 1 month to prove me right. "I LiStEn To wHaT sCiEnCe SaYs".
I know I'll always be on the right side of history, what I don't know is how long it will take.
The enemy of the people perma progressives have already ignored the will of the majority many times and said they would not let go of power and use force if necessary?
The people of the UK were the first (again) to win their fight against the enemy of the people.
They probably feel they have to act now before the public regains power, and move to establish their NWO.
"A tribune of the plebs assaulted on the steps of the Senate house! Can you imagine a more terrible sacrilege? Our beloved Republic is in the hands of madmen. This is a dark day, and I stand at a fork in the road. I can abide the law and surrender my arms to the Senate - and watch the Republic fall to tyranny and chaos. Or, I can go home with my sword in hand and run those maniacs to the Tarpean Rock!" - Julius Caesar
The "democracy" paradigm of the last 2 centuries has brought the biggest inequality in human history, as well as the worst maniacs.
That absolute failure won't last forever.
Huge paradigm shift, huge, the biggest in hundreds of years.
I missed getting rich and building a bunker by little, or maybe there still is time.
The safest best way to go throught this would be to live in a nice rural area really far from any big city, and be self sufficient (electricity food water).
The world can become a banker run hell, or it could become a libertarian paradise of freedom and order.
The maniac sociopaths pedos murderers and rapists have to be ousted, this will be one of the greatest days for humanity.
Taking a shot with massive risk to reward“Permanent mass unemployment destroys the moral foundations of the social order. The young people, who, having finished their training for work, are forced to remain idle, are the ferment out of which the most radical political movements are formed.”
- Ludwig Von Mises
You can add high inequality caused by central banks monetary policies.
This country going to zero.
Antifa & BLM working their hardest to make sure black people & the far left get blamed.
Target: Close once the NAZI party of america gets elected (equivalent of course well not even sure might actually be literally).
* I can only imagine Goebbels absolutely pissing himself at all the propaganda he has at his disposal "Die ewige Black"
"They are parasites that never had any economic success, anywhere they go they never create anything, they never add to society, they only rely on handouts, all they do is pillage and destroy and suck the life out"
They have so much arguments and images to make their documentaries and posters from now lel. 12.6% of the population. Good luck.
A trend, as stupid as it may be, continues in the same direction until it hits a wall or until any other opposite force is applied.
The risk to reward is so gigantic it does not matter if the odds of the top being just here are really low.
If it keeps going up they'll be other opportunities, plus if it keeps going in the same direction I got a feeling my other bets will keep going in the same direction too, and the next ones I take...