Global Debt Threatens the End of Democracy Looming Currency Reset Will Make Slaves of Debtor Nations

Thread: ECB to inspect $5.16 trillion of bank assets...WHY? For The Global Currency Reset?


Thread: Global debt exceeds $100 trillion as govts binge, BIS says...

Last Edited by Uncle Fuck Stick on 03/12/2014 09:09 AM

"First by inflation and then by deflation"... look it up!

Devastating Truth About The United States

[link to kingworldnews.com]
With continued chaos and uncertainty in global markets, today KWN is publishing another incredibly important piece that was written by a 60-year market veteran. The Godfather of newsletter writers, Richard Russell, exposes the devastating truth about what the United States has been reduced to. He also discussed what is happening in major market as well as what investors should be doing with their own money right now.


Russell: “The US is now actually borrowing to pay off the interest on its huge and growing debt. The Treasury continually issues bonds. But who will buy them? Can you believe it, the US is reduced to actually buying its own debt via the Federal Reserve. What does the Fed buy our debt with? It buys our own debt with money that it conjures up out of thin air by means of a bookkeeping entry. The Fed has been doing this for years and the Fed's basket of bonds is now over $4 trillion dollars worth of assorted bonds.

The continuing buying of bonds (QE), now $60 billion every meeting, has driven stocks up to overvalued levels. Companies are taking advantage of the lower rate environment in the limited period that these low rates are going to be around.

Now the Fed is trimming back its QE ($10 billion less at each meeting, so far) with the thought that QE will be completely removed by the end of the year -- this on the hope that the US economy by year end will be strong enough to function on its own without any QE. After February's report that more jobs had been created than predicted, the Fed's plan to eliminate QE was strengthened.

As to valuations, the S&P 500 now trades at 16 times its component companies' earnings for the past year. That is double its level of five years ago and almost identical to the level at which stocks topped out at the beginning of the decline in October, 2007. Nobel Prize winner Robert Shiller puts the S&P at 25 times average earnings, far above the historical average of 15.5.

Technically, the tech-heavy NASDAQ has five distribution days on its ledger, and the S&P has one distribution day. From another technical standpoint, on Friday the D-J Transportation Average closed at a new record high, although the Dow failed to confirm. At this point valuations are of no particular use, nor are the technicals. It's now a matter of how long and how far the players are willing to bet on the markets continuing to levitate.

Since this is a manipulated market, I have little to tell me if or w

More in link

just a guess-timate... but out of maybe 200 criminal governments on planet, only 5000 govt officials make the criminal policy.. there are 7 billion plus of US.
we are really manipulated by our own DELUSIONS and ADDICTIONS which THEY are masters at manipulating..

we only need to get rid of 5000 cockroaches, GIVE THEM NOTICE. GET OUT while you can with your scalps intact

Sickening to think how quickly we could straighten this fucked up planet out if only we could get on the same page

Last Edited by Uncle Fuck Stick on 08/23/2015 12:34 AM