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Thread: We Can Pretend All We Want, The US Is In A Recession & Heading For The Big One

  1. #21
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    Quote Originally Posted by jet3534 View Post
    Where I live in the West VA panhandle I am seeing houses starting to move and prices going up. The local economy is booming. Proctor and Gamble is moving a big operation to Martinsburg WV that will probably employ thousands of people. The Federal Government continues to expand with the new DHS training center in Harpers Ferry. In nearby VA, an hour away, the house I grew up in (that my parents bought in 1963 for 60K) was just sold for one million dollars. This was a 4 bedroom house, 3 bathrooms, a two car garage, two fireplaces, and 2 acres of land in Great Falls VA. After the sale the house was immediately bulldozed and replaced with a 5 million dollar house. I guess I am trying to make 2 points. The first is that the economy is picking up. The second is that real estate always has intrinsic value in the right location. Well, that is as long as the demographics don't change.




    What you're referring to is debt is still cheap, not the economy is flourishing. All these things you describe were done with opm, ie debt, and the housing market is in as large a bubble as it was in 2007 but there's even more subprime mortgages (as well as car loans) out there making your stats look good. The fed just started quantitative restriction, where they stop buying bonds and start selling, and raising rates. This means an end to cheap money (low interest debt as fed notes are debt notes) and as the fed starts increasing their selloff of their balance sheet we should start to see the demise of the marketplace as so many market watchers have predicted. The bonds the fed sell are t bills, and what happens when tbills flood the market? The value of the dollar goes down down down.

    One market guy decided to step out and even give the day of the collapse, valentines of 18 but I have no clue when they will drop it all, just that I expect them to. Once they (fed) own all the mortgages and car loans that they've been buying with the debt you agreed to pay via your elected officials they can drop the dollar to 0 and buy up entire industries for pennies on the dollar just like they did in 1929. The rug has been pulled out from under us, the straw that broke the camels back has been placed on the pile, the dead cat bounced but since the dead cat was in heat, the male cats (investors) are raping said cat in the middle of the street as cars race by, they can't help themselves. Nothing that went wrong in 07 has been fixed, instead of one Lehman bros there'll be thousands, as well as bank bail ins where your bank acct is used to cover the banks losses. They could collapse it tonite if they wanted to. And by them I mean whoever tells the ppt what to do.

    Here's a story how the ppt plays the stock market and makes it dance to whatever tune they desire, one of the best I've read on the subject;
    http://www.zerohedge.com/news/2017-0...verything-else

    In essence, they (ppt aka "plunge protection team" who has all the money in the world to buy stock to keep the market from collapsing and can actually shut down trading in the US if needed) play the vix when the market is overheated or faltering, then play the market when vix is too high, and sell paper gold and silver all the while. They pump the til over here till people get wise, then they pump over there. The metals markets are flooded with paper, meaning some 400 paper ounces of gold for every actual deliverable ounce at comex. Right now if people can't get actual metal from comex they're paid a premium and as long as people will take dollars instead of gold they can keep inflating the paper gold, but what happens when people stop accepting paper gold? A little thing called price discovery takes place, where gold as in the metal shoots up to $50k an ounce. So who takes the fall when people start demanding actual gold or silver instead of paper? Whoever is running comex at the time, certainly not the central banksters. Not too long ago the Chicom version of ppt stopped trading a few times and even made it a rule that certain stocks couldn't be sold or traded. Nothing is as it seems.... especially in the financial world were not one in a thousand knows wtf is going on.


    Just my take on the deal.
    Last edited by 5.56NATO; 07-06-2017 at 06:14 PM.
    “The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first.”
    -Thomas Jefferson

  2. #22
    Team GunsNet Platinum 12/2012 l921428x's Avatar

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    Well since this thread is still playing like a leak from a faucet, I will add this oldie but goodie.

    http://news.trust.org/item/20170706230350-0v27u

    Enjoy........
    I am like water. I follow the path of least resistance
    but you cannot compress me.

    The most precious thing a man can give to another is time,
    as of it, we have so little.

    Pain, as told to me, "Lets you know you are alive."

    "In a time of universal deceit-telling the truth is a
    revolutionary act" George Orwell

    Kill them all if you wish.

  3. #23
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    Ron Paul Predicts Stock Market Will Collapse in the Next 3 Months
    Ron Paul says stocks will fall by 25% within 3 months. Ron Paul is one of the most level-headed people to ever serve in Congress. His warning is shocking and should be taken very seriously.
    http://www.thecommonsenseshow.com/20...next-3-months/



    The Fed keeps ringing bells to signal the top, but the markets aren’t listening.
    Janet Yellen is set to present the Fed’s Monetary Report to Congress this week. Her remarks have already been posted online.

    The results aren’t pretty.
    Valuation pressures across a range of assets and several indicators of investor risk appetite have increased further since mid-February...
    The Committee currently expects to begin implementing the balance sheet normalization program this year provided that the economy evolves broadly as anticipated...
    Firstly, Yellen is CLEARLY warning that the Fed sees bubbles in the system. For a Fed Chair to specifically cite “valuation pressures” in the markets is simply incredible… particularly when you consider that the Fed has been actively propping up stocks for the better part of eight years.
    Secondly, Yellen reiterates the Fed’s intention to begin normalizing its balance sheet this year. This is an absolute game changer for the markets as it marks the first time in a DECADE that that FEd will be actively withdrawing liquidity from the system.
    What does all of this mean?
    The Fed is getting ready to pull the plug on the markets.
    What does that mean for stocks?
    We're going to have the 3rd and worst crisis in 20 years.
    http://www.zerohedge.com/news/2017-0...ling-plug-year
    “The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first.”
    -Thomas Jefferson

  4. #24
    Team GunsNet Platinum 12/2012 l921428x's Avatar

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    Yawn.........
    I am like water. I follow the path of least resistance
    but you cannot compress me.

    The most precious thing a man can give to another is time,
    as of it, we have so little.

    Pain, as told to me, "Lets you know you are alive."

    "In a time of universal deceit-telling the truth is a
    revolutionary act" George Orwell

    Kill them all if you wish.

  5. #25
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    "Today, America has insurmountable debt that is impossible to pay off. We have a $20 trillion deficit and that is the good news. Our unfunded and mandated liabilities are an estimate $240 trillion dollar debt. And now the credit swap derivatives debt is a revised $2.5 quadrillion debt and last year’s interest rate on the credit swap derivatives was $505 trillion dollars. The US government takes in only about $2 trillion per year. The entire GDP of the whole planet is less than $70 trillion. There is no way that these debts can ever be paid down. And on most of our debts, the US is approaching economic Armageddon where we cannot even pay off the interest on these debts."
    http://www.thecommonsenseshow.com/20...-you-prepared/


    You can be sure politicians around the US are eyeing your pension. All those billions sitting in safe accounts, far away from politician's hands.... that's a lot of money just sitting there that could be used for the good of the country.
    “The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first.”
    -Thomas Jefferson

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