#rigged economy

[route22ny]

Good old Bernie. He was right then and he’s right now.

Graphic via thinkforwardto2122 on instagram.

[antifatabi]

[sataniccapitalist]

#thewaronyou

[christianpatriots]

The Global Economic Crash IS Imminent-Are You Prepared?

When the Titanic was sinking, who did they save? They saved 70% of the wealthy as they were the ones that got into the life boats while the coach passengers were locked into steerage in which only 10% of those poor persons survived. This is exactly what is going on now. The government is still not bailing out small business owners, pension holders and the average investor. They, we, are only bailing out the rich friends of the international bankers. The rest of us are locked into middle class steerage. Get your money out of the bank. Cash in your 401K and your pensions. The game is over and you only have time to jump from this sinking ship. America, there is a price for our collective ignorance and it is called enslavement. Our moms were wrong, what you don’t know can and will hurt you!

I have interviewed several prominent economists, multiple times such as Joseph Meyer of Straight Line Money Analysis and John Williams of Shadowstats.com. the following is a compilation of my interviews with the two men, plus other lesser known economists.

Why America Can Never Recover

Derivatives are not stocks or bonds or anything of tangible value. The value of a derivative is technically viewed as “anticipated future value.” Therefore,derivatives have no real value. However, a derivatives transaction must have the backing of a financial institution such as a brokerage or a bank. The assets used to back up and collateralize the worthless derivatives are real and substantial. When the derivatives market crashed, it took down hard assets of tangible value. In effect, the economy had stupidly used something in order to back up nothing and the something is now in the total control of the central bankers. To cover the losses of the “too-big-to-fail” entities, the bailouts were initiated in what constituted the largest wealth transfer in world history.

This is the ultimate money game in which paper derived from other paper, such as futures and options, has served to bolster the balance sheets on Wall Street. Futures and options are exchanged traded derivatives, but the largest group of derivatives is not even traded on the exchanges. These are called “counterparty derivatives” and consist of such financial entities as mortgage backed securities and credit default swaps.

It is estimated that total derivative exposure of the financial system is one and a half quadrillion. A quadrillion is 1,000 trillion dollars and it has largely collapsed. The entire Gross Domestic Product (GDP) of all the world’s countries is approximately 77 trillion dollars. GDP is an economic term for everything that is produced for sale. The American middle class, through the bail outs, is being asked to bear the burden of the entire derivatives market collapse which totals over 16 times the net value of the entire planet. No amount of bailouts can ever cover the loss. This is simply the bankers way of transferring what is left of middle class wealth before the final collapse.

IT IS MATHEMATICALLY IMPOSSIBLE TO PAY OFF THE DERIVATIVE DEBT!

Where do you think the bail out money went? Ask yourself why so many corporate heads are building homes overseas? Why did George Bush build a 100,000 acre ranch in Paraguay? Why is NORTHCOM, a combat organization, is engaged in urban riot control training along side of foreigh troops and UN troops? A few years ago, we need ask again, why did DHS purchase 2.2 billion rounds of ammunition to go with their 2700 armored personnel carriers? Even the National Weather Service has purchased million of rounds of ammunition.  Speaking of foreign troops, why are the Russians training on American soil with FEMA in a bilateral agreement signed by Obama? Why are we seeing one disaster drill after another being carried out in this country? Why is UWEX 16, as I write these words engaged in training to combat American troops who have “gone guerrilla”? I can tell you why. Very simply, the system is very close to crashing and there is going to be a civil war.

The Straw That Breaks the Camel’s Back

Three years ago, I wrote an article detailing how the Federal Reserve had backstopped Bank of America and Wells Fargo to the tune of %75 trillion each in case they get taken down by the derivatives collapse. Each bank is insured to the level equal to the entire collective wealth of the world. How can that debt ever be paid off.

Everyone of our financial institutions is interlocked with Deutsche Bank  This German based bank is on the very of insolvency because of the derivatives. The German government has said no to a bailout. When this banks collapses, please note they just laid off a quarter of their work force, this will send a tsunami racing across the Atlantic and it will collapse every American-based major financial institution from Bank of America to Goldman Sachs. This is far worse than the Lehman Brothers fiasco back in 2008. The next crash, which could happen any day, and it will make 1929 and 2008 seem like holiday.

Conclusion

When absorbing the enormity of what is written, just remember these numbers:

National debt will quickly be going $21 trillion dollars.

Unfunded, but mandated liabilities are approximately $240 trillion dollars. This includes Medicare, Medicaid and Social Security. There are approximately 54 million Americans on Social Security. This is a prescription for disaster as this country cannot care for its elderly and infirm.

The elephant in the room, as stated, is the credit swap derivatives which is $1.5 quadrillion. The annual interest rate is $505 trillion.

The United States government takes in $2 trillion dollars per year. Get out your calculator and begin figure out how long it would take to pay off these debts, even if we spent all the revenue taken in by the U.S. in order to pay down these debts.

The national debt of $21 trillion would take 10.5 years to pay off if the government did not spend one dime on Social Security, build a bridge or arm a soldier that it could not afford to pay

It would take 120 years to pay off the unfunded, mandated liabilities. Of course, the elderly would totally be on their own, as we all would.

WE CAN NEVER PAY OFF THE DERIVATIVES DEBT. THE INTEREST ALONE HAS EXCEEDED OUR ABILITY TO PLAY CATCH UP.

The only answer is total debt repudiation. Hit the reset button because the game is over. However, Rockefeller, LORD Rothschild and their criminal friends would not like that any country that renounces the debt and refuses to stay enslaved in this criminal system based on a Ponzi scheme, would have its country invaded and its leaders killed.

THE GAME IS OVER, ARE YOU PREPARED?

Survivalist expert, Bob Griswold, talked about the seven things you must do to survive the first three days following an economic collapse. Can you name the seven things? Are you prepared?  Details are in the video.

Written by Dave Hodges 

The Common Sense Show  

[jbtvshow]

(via https://www.youtube.com/watch?v=lQNLQdY7XcI) POLLS ARE RIGGED: Trump is THUMPING Hillary and here is 3 polls that prove it.

[route22ny]

Worth reading 👇 (3 minute read)

When I was in 9th grade, my school was obsessed with a card game we called "Capitalism." (I've also heard it called a**hole.) The premise was pretty simple-- the dealer dealt everyone a random hand. Equal shot at success. But after the 1st hand, the rules changed. (1/)

The players who did worst gave their top cards to the players who did best, who would give their lowest cards in exchange. The closer you were to the middle of the pack, the more of your hand you kept. So it started out fair, but once you were down, you tended to stay there (2/)

Being the winner was electric. You couldn't lose. Your hand was basically made by the people who were below you. And if you were losing, it felt like there was absolutely no way to climb to the upper echelons. The difference between the game and reality? (3/)

We don't start out even. And the winners take from the entire rest of the bunch. During this virus, the "haves" have been just fine. Better than fine. They've gotten richer and richer. The "have nots" have nothing. And it's not just about the literal lack of money. (4/)

It's about the feeling. When I give a donation, or order take out, or pay my student loan bill even though I don't have to because I'll save money in the long run, I feel good. I feel like I'm doing something good. But it's chance that I'm still working. It's luck. (5/)

The money that I've been able to put away during the pandemic isn't virtuous. It's not because I deserve it. It's because synagogues moved online. I never stopped working. My expenses went down because so much shut down, but my income stayed steady. So I get to feel good. (6/)

Folks who've been struggling during this time? That's not their fault. My artist friends who work to thrive in a city where rent is impossibly high and suddenly watched all their work dry up? That's not their fault. The career servers whose restaurants shut? Not their fault. (7/)

And let's not forget about the rich. The folks who've earned billions during this time because their business was in the right place at the right moment when people went inside, and never mind who has to get screwed so the top can get richer. This is the card game, see? (8/)

This is what happens when the rich get so rich that they forget everything else. This is what happens when capitalism is worshipped, when we value profit over people, when taking from the poor becomes automated. The system is working exactly as it's supposed to. (9/)

Right now, people in my situation-- people doing fine-- are being told to buy gift cards, to order take out, to shop local as much as we can, to make donations. And I am doing all of that and glad to do all of that. But I can't fix the system. No one in the middle can. (10/)

Our society requires radical change. Our society requires a cold, hard look at itself. And yes, that is frightening. But it's far less frightening than continuing to live as though the rich deserve to screw the poor. And that is how we're living now. (11/)

We need a relief package that prioritizes people without means. We need to take the economic impact of this virus seriously, forgive student loans, and offer free healthcare like every other wealthy nation. If we don't? We'll just keep playing this terrible game.

***

You can follow Rabbi Emily Cohen on Twitter: @ThatRabbiCohen

[deusnonfavebattuaincepto-blog]

(via https://www.youtube.com/watch?v=zKIjKEn4xqY)

[sataniccapitalist]

I love how this was exposed four years ago...#thewaronyou

[revpauljbern]

(via https://www.youtube.com/watch?v=-oyWtzncKbk)  rigged? absolutely!

[millenation]

One of the best clap backs to the ridiculous notion that Bernie Sanders supporters are all violent hooligans. Thank you Leon Chang for bringing the much needed prospective. #StillSanders

[kiddemcee-blog]

(via https://www.youtube.com/watch?v=DBZF2wGjSsg)

[christianpatriots]

Insider Warren Buffet Knows A Massive Crash Is Coming: “Has $70 Billion On The Sidelines… Clearly Anticipating The Biggest Buying Opportunity Of His Life”

With the U.S. stock market near all-time highs and financial pundits touting the miracles of economic recovery, investors would have to be totally insane to not be snapping up as many stocks as they can get their hands on. But if America’s economy is doing so well, why are billionaires and major investment firms warning of rough waters ahead?

Even Warren Buffet, the Oracle of Omaha, known for his investing acumen and foresight, appears to see the writing on the wall. Having made billions in the fallout of the 2008 crash by taking advantage of lucrative government machinations, Buffet now looks to be positioning himself for a very massive buying opportunity. According to analyst Jeff Nielsen, the head of one of the largest investment companies in the world isn’t invested as heavily into stock markets as you may think. In fact, Nielsen says in his latest interview with SGT Report that Buffet has over $70 billion sitting in cash on the sidelines.

And that can mean only one thing: Buffet knows a crash is coming and he is waiting for perhaps the biggest buying opportunity of his lifetime.

Jeff Nielsen explains:

He’s sitting now with over $72 billion in idle capital. He’s 86-years old. He is a long-term value investor, which means by definition that basically all of your money is supposed to be working for you all of the time… and the only time you ever sit with a large amount of dry powder on the sidelines is when you’re expecting a big buying opportunity…

So here is 86-year old Mr. Buffet, who does most of his shopping on the S&P 500, clearly anticipating the biggest buying opportunity in his entire life because he has way more capital sitting aside than at any other time in four decades he has been running Berkshire Hathaway… So, the S&P 500 is sitting in record bubble territory and Warren Buffet is planning on going on a major shopping spree in the near future… what’s going to happen?

Full interview via SGT Report

Buffet has joined other billionaires in recent months to sit on the sidelines and wait for the crash that everyone knows is coming. And given that these insiders have essentially pulled the majority of their money out of risky markets with many shifting to collapse-proof assets like gold and silver, we must be very close to widespread financial and economic disaster.

Written by Mac Slavo

SHTF plan 

[berniesrevolution]

Rigged Retirement | Bernie Sanders

[bag-of-beanss]

MOP????!!

WHAT NOODLE DECIDED IT WAS A GOOD IDEA TO VOTE FOR MOP? 

CHAOS!!! HE ENDORSED CHAOS 

DO YOU KNOW WHAT IS GOING ON AROUND YOU? ARE YOU FEELING CONFUSED? PROOF THEN, ITS ALREADY TAKING ITS TOLL

IT IS MOPS DOING. HE HAS WON. ALL SENSE HAS GONE OUT THE WINDOW LIKE A BOWL OF MOLDY CEREAL

IT WAS RIGGED!!!!!! WE MUST RISE UP TO FACE THIS CHAOS AND CONFUSION!!!