The Corona Virus in China could be worse than is officially reported and is spreading through Asia. Locusts swarms are spreading through East Africa to Pakistan.
The art of good business is being a good middleman. The cartels are middlemen. If people have a choice to legally use other middlemen, per the US Bill of Rights, then the cartels will lose the money to finance their wars.
The British will leave the EU today, Jan 31st, at 23:00 Greenwich Mean Time (5 PM Central).
Repo purchases,[2] after they were initially started without warning on Sept 17, were originally only supposed to go through Oct, then Nov, and as of yesterday, through the end of January.
“Third, there is a more obvious explanation behind the stock market’s rise: the prospect of a sustained economic expansion and a Fed that is likely to stay on the sidelines and not raise its federal funds rate target in 2020.”
-Bill Dudley, former President of the Federal Reserve Bank of New York.
QE is printing money to buy debt and this idea is printing money to buy different debt.
What if the dollar had a strict limited supply?
Enter bitcoin.
“You can't jump into cash. Cash is trash. Because they’re going to print money.”
-Bridgewater founder Ray Dalio
Iranian Quds commander Qasem Soleimani[1] was assassinated in Iraq today by the USA.[2] He is a veteran of the Iran-Iraq War (the USA armed both sides as evidenced by the Iran-Contra Scandal[3]), a friend of Hamas Hezbollah, and an enemy of ISIS.
The guns fall silent.
Silence sings a loud moan,
And all the valiant,
Die in the trenches alone.
On Saturday, the 21st of December 2019, Malaysia ended a summit on several issues affecting Muslims, including discussing returning to a gold standard with Iran, Qatar, and Turkey.
Some people think we are not in a depression because their neighborhood looks fine and the talking heads on TV are parroting talking points about the strong economy. If an official said that we were in a depression today, it would only be because of what was already happening in the real world. You don’t need an expert to tell you what is already true. “Experts” are just like horse-blinders that cause you to ignore what is going on around you.
“We should be happier to have a job than to have our savings protected.”
-Christine Lagarde, President of the ECB and former Chairwoman of the IMF, Oct 31st, 2019
“And I sincerely believe with you, that banking establishments are more dangerous than standing armies; & that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
-Thomas Jefferson, 1816
Increasing stock prices in 1923 did not reflect the strength of the German economy; rather, the prices reflected how much value the German money was losing. Do not simply look to stocks declining to predict a recession. Look to banks printing money and why: debt.
Before becoming president, Donald Trump was warning about inflation. Now that he is president, he wants the Fed to print money and lower interest rates. No wonder central banks and nations are buying gold.
The Slovaks have an additional reason to be wary of putting any new purchases of gold in London. In 1938 the NAZIs annexed the Sudetenland from Czechoslovakia. In 1939 the NAZIs invaded. The newly conquered Czechoslovakians had their gold transferred to the NAZIs by the Bank of International Settlements (BIS) in London
Macron: “We are undoubtedly experiencing the end of Western hegemony over the world”
Putin: “Many countries are now turning away from the dollar as a reserve currency. US dollar will collapse soon.”
Goldman Sachs, the Federal Reserve, Moody’s rating agency, and the European Central Bank (ECB) Are all warning about the risks of low interest rates. Low interest rates are being caused by central banks printing money.
Spoiler alert: they dislike Socialism. Ludwig von Mises had to flee his native Austria for the USA because of Hitler’s National Socialist German Workers’ Party’s (NAZI) anti-Semitism.
