Author Topic: The Economy is Going to Implode  (Read 215735 times)

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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #620 on: October 29, 2021, 12:03:17 PM »

H/T-CTH

Way way more...Biden Doo Doo Economics' inflation alone is double to triple that...and climbing...
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Online paulh

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Re: The Economy is Going to Implode
« Reply #621 on: October 29, 2021, 12:28:55 PM »
Bought a 5lb bag of red taters today. $4.79 ::oldman::

Offline Libertas

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Re: The Economy is Going to Implode
« Reply #622 on: October 29, 2021, 12:59:39 PM »
Don't wait, buy now...later may suck worse...

https://www.weaselzippers.us/wp-content/uploads/2021/10/Screenshot-2021-10-28-212157.png
H/T-WZ

Doo Doo Economics...it's coming for you!!!
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Offline Libertas

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We are now where The Founders were when they faced despotism.

Offline Libertas

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Re: The Economy is Going to Implode
« Reply #624 on: November 01, 2021, 11:38:03 AM »
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #625 on: November 03, 2021, 12:01:42 PM »

H/T-WZ
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #626 on: November 05, 2021, 08:11:06 AM »
 "We cannot afford a bad year in 2022 for important crops."
https://www.zerohedge.com/commodities/global-food-prices-hit-fresh-decade-high-october

A UN bureaucrats kiss of death...

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Offline Libertas

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We are now where The Founders were when they faced despotism.

Offline Libertas

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Re: The Economy is Going to Implode
« Reply #628 on: November 10, 2021, 08:17:19 AM »
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #629 on: November 10, 2021, 09:14:22 AM »
Here we have a Obamao-JoeFraud Marxist admitting the leftist economic destruction of America is 100% intentional -

Against catastrophic outcomes, we have been pointing out how the people within the Biden administration are not incompetent; they know exactly what they are doing, and they are destroying the U.S. economic system on purpose.  All of their economic damage is by design, it’s a feature – not a flaw.

An example today is so demonstrative of that point, it’s almost a parody. Joe Biden’s nominee for the Office of the Comptroller of the Currency (OCC), a branch of the Treasury Department that polices some 1,125 banks, is a communist ideologue named Saule Omarova. She is directly from communist central casting and literally from Kazakhstan in the former Soviet Union. Ms. Omarova graduated from Moscow State University in 1991, and Joe Biden nominated her for the OCC job in September.

Today, Ms. Omarova is caught on tape saying it is the intent of the Biden administration to use the treasury department to bankrupt oil, coal and natural gas companies. This is what happens often with avowed ideologues; they are so focused on their mission to destroy the U.S., they often just say the stuff out loud. WATCH:


https://youtu.be/67vM6tZ2U_U

The FIRST STEP in defending against this onslaught is to stop excusing it by saying they don’t know what they are doing, or any version of the incompetency argument. They know exactly what they are doing.

Joe Biden is a disposable front man for the people organizing the objective, so they don’t have to worry about political damage. The Biden term was designed for a single set of four-year rapid advancements for the Democrat Socialist agenda. The Biden poll ratings and favorability, or lack therein, do not factor into the plan of action; those issues are irrelevant.


It's long been on their agenda...

Even before this POS...

https://youtu.be/9wzNUZVv0A0

All the pan-totalitarian NGO's have the same agenda...

https://youtu.be/omAk1gMyw7E

In the end the West's sacrifice of their serfs will subsidize Chinese world hegemony and line the pockets of the 1%.
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #630 on: November 10, 2021, 11:50:55 AM »
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #631 on: November 11, 2021, 12:16:54 PM »
https://www.zerohedge.com/markets/record-111-container-ships-anchored-southern-california-congestion-crisis-worsens

This is going to have horrific consequences...

And the intentional dithering indicates it is desired by the Mobocrats and Quislings...

And this...

https://www.zerohedge.com/markets/worlds-most-bearish-hedge-fund-shuts-down-here-farewell-letter

...at least shows intelligence...being in a game so skewed, corrupt and perverted is asking for ulcers you don't want...

Fraudulent elections...



...beget fraudulent leadership...combine that with entrenched traitors in the bureaucracy...corrupt politician's in Congress and AINO globalist oligarchs....and you are bound to get shat on nine ways to Sunday...

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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #632 on: November 12, 2021, 11:49:16 AM »

H/T -_WZ & TPC
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #633 on: November 15, 2021, 08:32:52 AM »
Wow, this sounds safe...

https://www.zerohedge.com/commodities/usda-increase-pig-slaughtering-processors-tame-meatflation

...first consumer to find a finger in your pork wins the big money lawsuit...

And if the following doesn't turn your pooh white you might be clinically dead...

This nation is so screwed...first and foremost by the Marxists...but also by the DecptiCon cowards and the cronies of both infesting corporate America...

First -

Neel Kashkari is head of the Minneapolis Federal Reserve. If you know the financial lingo, you can see the dire forecast behind the opaque language.  In plain-speak, Kashari is saying when it comes to prices and inflation, “we’re screwed“…

In this interview with CBS talking head Margaret Brennan, Kashkari admits inflation is still going up, and it will get worse. Keep in mind, the lingo of the inflation conversation is discussing “percentages of change.” Kashkari claims the percentages of change will start to slow in a few years, but the prices will never return to their former level.

The percentage of inflationary change (this year vs last year) will continue going up, as prices continue to skyrocket over almost every sector. CTH points out this issue, because as the Fed continues printing current money, the value of future money drops and the price of goods continues to climb. The fast-turn goods rise in price quickest (now recorded at 6.2%), and the inflation on slow-turn durable goods lags but hits even harder.
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The fed has no tools to slow the rate of current inflation, as interest rates are disconnected {Revisit The New Dimension in Modern Economics} from the cost of goods produced. The only thing the Fed can do is to stop purchasing debt (Quantitative Easing), stop purchasing our own bonds, at a slower rate.

Despite being a progressive himself, even Neel Kashkari is telling congress to stop spending money.
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We are only a few months away from seeing massive inflation that will fundamentally change the way everyone looks at food shopping, or highly consumable purchases, and what the middle class formerly considered to be “luxury” purchases.   Inflation, in the background, is going to come through the supply chain like a thundershock…. and it’s not just food.


(See link for laundry list of commodity horror shows)

https://theconservativetreehouse.com/blog/2021/11/14/sunday-talks-head-of-minneapolis-federal-reserve-says-inflation-will-get-worse-and-prices-will-never-come-down/

This treasonous Congress will not stop spending, His Fraudulency will not stop punishing political enemies and ushering in full-blown despotism on his Masters' orders...and the Fed cannot stop monetizing, especially when nobody else around the globe wants to buy our TP any more!

As Sundance says, "this is all being done by design"...bringing us to...(brace for unbridled insanity and demonic evil)...

Item #2 -

JoeBama’s National Economic Council Director Brian Deese, the twenty-something central planner in charge of all White House economic policy, tells a curiously skeptical Jake Tapper that things are working swimmingly, exactly according to plan.

According to the Biden-Deese theory on sustainable economic policy, massive spending creates massive inflation; which creates an increased demand for government subsidy to afford basic products; which creates a growing dependency on the government; which creates a need for massive spending.  Wash-Rinse-Repeat.

This is exactly the expanding economic dependency model sold by socialists around the world for generations, which Barack Obama and his Biden administration promise they have now perfected in order to remove the pesky inequities always associated with unbridled capitalism.  Smile everyone, government cheese aplenty….


(See video of the malignant NEC Director admitting inflation while not admitting the Team JoeFraud/DemCom Congress role in causing it by their actions...and eagerly jumping into the government-to-the-rescue designs to use the escalating costs to make the American people more dependent upon government support and therefor more enslaved to the dictates of the ruling elite)

https://theconservativetreehouse.com/blog/2021/11/14/national-economic-council-director-brian-deese-claims-inflation-working-perfectly-as-designed-a-collapsing-u-s-economy-demands-more-congressional-spending/


This is merely the face of one of the demons behind this...and he cannot admit to previous blow-out bills having a role in driving up prices...just like they cannot admit to slamming the brakes on energy production, on logistics across all sectors, by creating instability with illegal mandates and making us hostages to foreigners who will soon see no benefit in providing anything to America at any price...

We are in a continuing coup against the American people that began with the criminal overthrow of President Trump...the mean to make every soul in America a serf dependent upon government and the government will do what it wants to any person it seems in their interest to do.

This is just more warfare on citizens.  This is the promised fundamental change of Obamao transitioning America into a statist dictatorship.

 ::upsidedownflag::





« Last Edit: November 15, 2021, 09:18:37 AM by Libertas »
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Offline patentlymn

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Re: The Economy is Going to Implode
« Reply #634 on: November 15, 2021, 01:24:39 PM »
^^^^^
What crap from the admin spokesperson.
CNN actually asked hard questions.
When the law becomes a ruse, lawlessness becomes legitimate. -unknown

Offline Libertas

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Re: The Economy is Going to Implode
« Reply #635 on: November 17, 2021, 08:34:46 AM »
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #636 on: November 18, 2021, 08:30:20 AM »
https://www.zerohedge.com/markets/two-fed-presidents-hit-alarm-over-broken-treasury-market-which-they-caused

It's not a very invisible hand that props up government paper...with other paper...and it's not a surprise to see others losing enthusiasm to cover their stupidity...

Is this the beginning of the end?  If I had a dollar every time I said that...I'd have $100 in 1913 dollars!

As for the rest of the batshyt-crazy world...looks like other bankers not in a mood to raise rates yet and seem content to see where inflation goes...and Turkey seems to be crapping the bed on a daily basis as their fiat folds...

https://www.zerohedge.com/markets/futures-rise-4700-max-gamma-oil-slide-accelerates

In commodities...the bigger story seems to be in PM's.

https://itsaboutliberty.com/index.php/topic,913.new.html#new
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #637 on: November 24, 2021, 12:30:04 PM »
The willful destruction continues...and note this is lagging information...with more totalitarian edicts not yet baked in...



https://www.zerohedge.com/geopolitical/latest-treasury-fed-bis-reports-confirm-all-twisted-paths-lead-gold



https://www.zerohedge.com/personal-finance/feds-favorite-inflation-indicator-30-year-high-savings-rate-plunges-pre-covid

All the while treasuries are cratering and will only get worse if this nefarious BBB deficit-blowing crap gets rubberstamped by the Senate!  And releasing the SPR for sale to foreigners may provide a blip to fed balance sheet it is have negative impact on prices as oil & gas bouncing up again.

Coffee, lumber, beef, grains still trending up...not impacted by more logistical destruction coming...

More jobs being destroyed...more people dropping from the poison jabs...everything is targeted for destruction...they intend to make everyone a ward of an oppressive state...
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #638 on: November 26, 2021, 09:33:43 AM »
WTI, Crypto and fiat down...gold up.

https://www.zerohedge.com/markets/nu-ked-gold-gains-crude-crypto-carnage-continues

Casino's down, nat gas down...treasuries still barfing

And blaming the Nu...

Yeah...well, squeezing the balloon unlike the trajectory they created is transitory...reckoning merely delayed...so much more mayhem yet to unleash...
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Offline Pandora

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Re: The Economy is Going to Implode
« Reply #639 on: November 27, 2021, 04:16:56 PM »
Had to replace the outside icicle lights ... three times the price we paid two years ago, and one string had a faulty socket.   ::saywhat::

Maybe, someday, Americans will manufacture Christmas lights again.  Maybe.  Someday.
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