The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label consumers. Show all posts
Showing posts with label consumers. Show all posts

Wednesday, February 22, 2017

How Donald Trump can bailout the American consumer without costing the government a dime

When the government was suddenly faced with the possibility of the entire Western financial system collapsing during a weekend back in September of 2008, Congress approved a bailout measure that was dedicated only for Wall Street, and left the American people stuck with their own massive accumulation of debts.  And of course this bailout of the 1% by the U.S. government to the detriment of the 99% saw many Americans lose their homes in foreclosure to the same banks that received taxpayer money, making the public outrage two-fold.

Now nine years later, debt levels for both consumers and Wall Street have once again grown to dangerous levels, and are threatening the very fabric of the global financial system.

But unlike in 2008 when the U.S. government was run by bought and paid for establishment politicians like George Bush, Dick Cheney, Hank Paulson, and Chuck Schumer, there is now someone in the White House who not only understands debt, remediation, bankruptcy, and negotiation, but is a populist who appears to favor helping the American people over the bankers and shills working on Wall Street.

Which bears the question then of how exactly could President Trump bailout the tapped out consumer without it costing a single dime to the taxpayer, or the budget?

In an interview on Feb. 22 with USA Watchdog's Greg Hunter, Nobel Prize nominee Robert David Steele provided a scenario proposed from one of his contacts that could allow President Trump to act as the negotiator for the entire American populace regarding their debt, and force the banks to a choice... either cut the interest rates and outstanding debt held by the American consumer in each of their individual accounts, or he would promote their stopping payments altogether and backstop this through a mass Pardon which would wipe away their legal obligations to the debt entirely.

Image result for make american consumers great again
Robert David Steele: Now let me point out a debt you haven't focused on, which is the three trillion that individuals owe to bloodsucking banks that have basically violated every biblical precept and with legalized crime are charging 29% interest rates. 
I have proposed, and this is not my idea... someone smarter than me came up with this idea but I think it's brilliant, if Donald Trump created a website, something that could easily be created overnight, and if 150 million people registered their student debt, their medical debt, their family credit card debt, and their small business debt and they authorized Donald Trump to renegotiate that debt on their behalf... and Donald Trump has one to two to three trillion dollars worth of debt that he is the authorized personally assigned agent of the American people, he can go to the banks and say folks, we're going to cut this debt by two-thirds, and if you don't do that... because the banks have already made back their money and are just sucking blood from a rock with interest rates, I am going to ask every American to stop paying these debt and I am going to give ever American a Presidential Pardon.

Saturday, February 18, 2017

A MGTOW future: Could feminism have actually helped accelerate the destruction of Western economies?

Although it's been talked about before from a social and behavioral perspective, the gains earned by women through the Feminist movement over the past 50 years have also created a shift in masculine priorities that could actually lead to economic destruction in many Western countries.

How so you might ask?

Today's current debt based economic system that reigns in the U.S., Europe, and in Japan requires two very important activities to remain solvent, and keep their economies from collapsing.  First, the system needs to continuously create new debt just to sustain the already massive debt load that is 3.5 times the world's annual GDP, and with this debt try to avoid the consequence of deflation in asset prices.  And it was for this reason that the central banks implemented Quantitative Easing and Zero percent interest rates through which they could create a continuous inflow of newly created money that would keep asset prices high, even if doing so created bubbles and artificial prices.

Secondly these economies need consumers to spend as much money as possible, including using debt to aid in keeping the debt creation scheme going.  In fact, any slowdown in consumer spending would automatically trigger a deflationary spiral, and bankrupt the system similar to what happened in 2008 (liquidity and credit crisis).

So with this in mind how does feminism, and its growing consequence of MGTOW in the U.S. and Europe and Grass Eaters in Japan, have the potential to destroy Western economic systems?  By undermining, and in some cases even eliminating the very complex that supports, sustains, and feeds that system.

Marriage and family.

Image result for feminism and mgtow

Besides the obvious that the generation of millennials are buying fewer and fewer homes, cars, etc...,  and taking fewer and fewer relationships all the way to marriage, they are also having fewer children, making it a trifecta of negative consequences for Western economies.

So how does feminism come into this?

Feminism, and the government's supporting of this movement through the education systems, legislative systems, and judicial systems, have made marriage a completely unfair and economically unviable contract for men to enter into.  In fact, with close to 60% of all marriages ending in divorce, and 70% of those being initiated by women, the cost of entering into the institution of marriage is a losing proposition for the majority of men.

Thus we are seeing the rise of the Grass Eaters and the MGTOW's (Men Going Their Own Way) as a consequence of 50 years of the pendulum shifting way to far away from the old model of patriarchy, to now that of gyno-centrism.

But this doesn't explain yet why the decline of marriage and children in the West has the potential of destroying their economic systems.  It does however when you take a look at how much is put into that system by married families versus single individuals.

Men more often buy homes in accordance with having to support a wife and children, and they also work more hours at a job in pursuit of this financial support.  But in Japan today for example, the phenomenon of Grass Eating (men not marrying) has given rise to many of them actually working less, and dedicating their earnings to self-aggrandizement in the form of fashion, video games, and alternative forms of entertainment.
Something is happening to Japan's young men. Compared with the generation that came before, they are less optimistic, less ambitious and less willing to take risks. They are less likely to own a car, want a car, or drive fast if they get a car. They are less likely to pursue sex on the first date - or the third. They are, in general, less likely to spend money. - Washington Post
This trend is also being felt in the investment world, where fewer and fewer men are investing in 401K plans and other retirement vehicles.

The destruction of the family and marriage is also destroying the traditions normally performed as one progresses through life.  Without the need to purchase a home, to pay the costs of having children, and the fact that men no longer have to strive to be a bread winner in a household, money normally spent as a consumer is being used elsewhere, and without the need to go deeply in debt.

While this social and financial trend has not yet reached the point where it has created a 'vergence in the force' here in America or in Europe, it is already being highly felt over in Japan where there is not enough revenues being created to pay for the needs of the retiring generation there that are living on social security, investments, and in pensions.  And that will change here very soon as Baby Boomers are forced to have to sell off their assets to pay the taxman, with very few or no buyers to mop them up in the markets.

The nuclear family has throughout history been the core and most important institution for any given society and economy.  And with this now having been fundamentally changed almost in parallel to Western nations going to a debt based fiat economy since the early 1970's, the advent of Grass Eaters and Men Going Their Own Way because of the black swan consequence of feminism could be the catalyst to not only trigger the next financial crisis, but even to bring about a collapse of the entire system.

Saturday, March 12, 2016

Economic recovery? Credit card debt for Americans nearly to $1 trillion

Wall Street pundits love to use the hyperbole of lower oil and gasoline prices to sell the idea that consumers now have much more discretionary cash to spend in the economy.  But a new report out on March 11 shows that not only is this a complete fallacy, but that Americans are so broke they are having to use credit card debt just to make ends meet each month.

And that debt is now reaching nearly $1 trillion, and putting Americans in the same insolvent positions they found themselves at during the 2007 Housing Bubble crash, and subsequent Great Recession two years later.


A new study from CardHub.com says credit card debt in the US has jumped by about $71 billion to $917.7 billion in 2015. The average American household with credit card debt now owes $7,879, which is the highest figure since the 2008 financial crisis.
CardHub.com says $7,879 is just $500 from an “unsustainable tipping point”, when the risk of mass defaults rises dramatically. 
The $71 billion debt ballooning last year is 24 percent higher than in 2014. The fourth quarter of 2015 alone saw credit card debt load surge to $52.4 billion. In the entire 2014 total credit card debt amounted to $57.4 billion. 
"With seven of the past 10 quarters reflecting year-over-year regression in consumer performance, evidence is mounting to support the notion that credit card users are reverting to pre-downturn bad habits," said CardHub.com CEO Odysseas Papadimitriou in a statement. “All of this has us wondering: Is 2016 the next 2008 for credit markets?” the statement added. 
According to the Fiscal Times estimates, if credit card debt in the US continues to grow at the current pace, American consumers would have to pay down their debts at a record rate to prevent escalated defaults and tightened credit availability. - Russia Today

Friday, February 5, 2016

Retail closures scream recession

First it was Macy’s, who within days of the start of the new year announced store closures and layoffs, and was quickly followed by bell wealth company Walmart, who doubled down and reported the closure of hundreds of stores.  And now we can include at least six more major retailers who are shuttering down their low revenue outlets as economic conditions scream recession a little more than a month into 2016.
Contrary to mainstream business news, last year’s holiday shopping season was a major disappointment with sales growth worse than in 2014.  And after two years of blaming cold weather on slumping sales, these same pundits switched course and blamed warm weather instead.

Read more on this article here...

Monday, December 7, 2015

The ghost of helicopter Ben goes to Finland

As is inevitable, when negative interest rates aren’t enough, the next phase of Keynesian madness is to simply give people money in the hopes they will spend it to boost an economy.  And while former Fed Chairman Ben Bernanke intimated this program in a speech many years back, it is Finland, not the United States, that is first to bring about this hyper-monetary scheme.
On Dec. 6, Finnish financial authorities announced they are getting ready with a plan to transfer nearly $1000 per month to all citizens, while at the same time cutting off older welfare benefit models.  This equitous plan of providing an equal amount to everyone in the country, no matter how rich or poor they are, is a final stage of desperation that will likely create the inflation Finnish administrators want, but at the cost of higher prices in the general economy, thus negating the effects of the free monthly subsidy.

Read more on this article here...