👉Sovereign Debt, Matters : We are in a Fat Ugly Monster Bubble !!

👉Sovereign Debt, Matters : We are in a Fat Ugly Monster Bubble !!



Total U.S. debt reaches $55.9 trillion amid significant increases in corporate and government borrowing. Total domestic nonfinancial debt jumped by 11.7% to $55.9 trillion, the Fed said in its quarterly statement on domestic financial accounts. The debt had increased by 3.2% in Q4 of 2019. The biggest debt gain comes on the business side, rising 18.8%, while federal government debt also jumped 14.3%. Total federal debt recently passed $26 trillion. We have raised 96% of that debt ($24.5 TRILLION debt) since 1981 or less than 39 years ago. It took the US over two centuries to accumulate its first trillion dollars in federal debt, a number which was surpassed for the first time in the fourth quarter of 1981. What is stunning, however, is the recent pace of increase: total debt was "only" $23.5 trillion on March 23, the day the Fed unleashed unlimited QE, meaning that in two and a half months, the US has added $2.5 trillion in debt. And the punchline: the US added the last trillion dollars in the shortest time on record, achieving this remarkable feat in just one month, since May 4, when the total debt was just under $25 trillion. We added an extra trillion in just last month. That means the debt will double by 2022. Imagine if the average middle-class American planned on doubling his debt by 2022. What could be bought with money totally another mortgage balance, student loan balance, car loan balance, and credit card balance. We're talking $500,000 or more plus salary, to spend in just two years! The COVID effects are starting to snowball down a hill. Wait until the forbearance period runs out, and housing gets sucked in. The roller coaster is just getting started. Fiat bugs and mutants who say debt doesn't matter are going to find out the hard way that debt does indeed matter. The new slogan, sovereign debt, matters! We are 26 Trillion dollars in debt. The government has agreed on a stimulus of 5.5 Trillion dollars and another 3 Trillion dollars next (8.5 Trillion dollars so far). This basically means that our national debt is going to be in 30 Trillion dollars range. Household debt rose 3.9% due in large part to an increase on the mortgage side of 3.2%. Consumer debt rose 1.6%. Only Private-Citizens with Student Loans get NO BANKRUPTCY PROTECTION. I give it a couple of months when the credit cards of the people who are already maxed out stop working, and there's no new income to pay off the minimum. Meanwhile, food will be more expensive, and EBT benefits will not rise in tandem. From 2016-2020 we have tripled our budget deficit and increased our national debt by 20%. Future generations are going to have to pay for this. It's very clear that EVERY President keeps adding a few Trillion dollars, and more specifically, Trump and CoronaVirus are adding a lot of Trillions of dollars to our national debt. This debt is like an ever-heavier weight spread across a population that isn't growing, and eventually, the policies of avoidance will crush whatever is under it. There is NO WAY we will pay off the national debt. We will simply pay the interest until we can no longer even afford that; then it's a complete collapse. The big cities will go first and hard. Supply chain disruptions will be massive, and the cost of living is off the charts, so people will get behind the eight balls almost immediately when the people who are living above their means suddenly lose their income. Then come the street gangs. There is a reason Trump is activating National Guard on the east and west coasts, and it's not because they are fighting the virus. The Collapse is inevitable. No politician has the guts or brains to save the current system. The time to protect whatever wealth you have is now, as stagflation and eventually, hyperinflation will wipeout whatever value is left of the U.S. dollar. It will never get fixed until the system collapses. Talking tax increases and benefit cuts does not win you votes. Trump wants to be re-elected if that means financial collapse and the middle class destroyed, so be it. Maga! He said he was the King of Debt, and he ain't lying. Winning! Which is why there is exactly NO alternative to saving in gold. "Investment" is dead anyway. Return on Investment has been reduced to zero under a flood of printed paper credit. Bank accounts are certificates of confiscation. There's zero yields anywhere unless you are prepared to accept the enormous risk, and real-terms, organic "economic growth" has been gone for years, never mind what the useless "GDP" data releases blurb out. Just put the debt into the stock market like the rest of us. No risk and unlimited money! We're ALL gamblers now, bettors because that's all that is left. The Weimar Republic will look like paradise compared to what's coming. Extraordinary to me how the average Joe really has no clue about the epic seriousness of all this. Printing still requires supplies and labor; computer digits don't. And that, my friends, is significant. Fun Fact: By mid 1923, Germany's central banks were using more than 30 paper factories, almost 1,800 printing presses, and 133 companies to print banknotes. And don't forget about the $250 trillion in unfunded liabilities boys and girls. That is debt, no matter how you slice and dice it. America is $250T in the hole, but everything's going to be alright, folks, not a problem. That includes the unfunded promises for Medicare and social security. It’s unfunded even though our employers and we sent the money in - because corrupt congress stole it. So they will have to borrow to make the payouts - which seems like we paid twice. Now we see why smaller government is better government; They stole more than our social security payments. They undermined our life's work into nothing and made us pay for the weapons they will use to shut us up. The US economy to debt ration is equal to that of Greece’s ten years ago, and that is using a US pre-Corona economy. The next six months will be interesting. The rate of U.S. Debt growth has gone parabolic! There is no turning back from this insanity. The only out is through a smoking pit of disaster, crawling out the other side to start over. The federal government has a huge balance sheet. Oil and gas leases totaling more than $150T for starters. It must be nice to leave your fiscal mess to someone else. Politicians only know how to spend. The nation is bankrupt. Sooner or later, we will have to declare bankruptcy; or borrow from an unknown source to pay the debts. Then whoever we borrow from will pretty much own the US. If the government continues to print money, then money, in general, will start to be worthless. All the people who worked hard and saved and lived within their means will see that money’s value decrease because of over-saturation. I cannot honestly believe some people don’t understand that if you receive money for doing nothing, then it needs to be repaid. It was not enough to hold the markets up. They needed Unlimited QE, i.e., another 2 trillion dollar injection now. What they got is a slow drip, while Jerome sounded like he was the candyman to equities. He did say markets should price in risk, meaning no PPT saves and let the markets fall until they find a now Limited QE medium. Robinhood traders will get slaughtered, and the Fed looks good. That was just to bail out the 1% who own stocks and bonds. It is going to cost a bit more to keep the other 99% from burning the country to the ground. Until the GOP Manifesto for "Tycoon-Tax-Freedom" is firmly dealt with, and "Fair Share Responsible Taxation is restored and a Wealth Tax on the 1% Oligarchy who have accumulated 50% eliminate "Greed-Breed" entitlements. We can start by closing the tax loopholes for huge corporations and remove the roll-back of the taxes they paid. Thirty-five percent may have been a bit much. However, thirty percent would still afford the big corporations to make profits and produce millionaire/billionaire CEOs. Twenty-one percent is obscene. Must close the loopholes. Everyone should expect taxes to increase, both federal, state, county, city, and of course, when there is a budget deficit, the first thing to go are social programs and education. This is how wealth transfers happen in the US. The Fed bails out airlines, Hedge fund companies, banks, etc. etc. i.e., their buddies mega corporations without needing to pay it back. The fed makes money off the interest for hitting some keys on a computer creating fake currency, and the hard-working Americans via taxes pay it back. So we pay for extremely wealthy people to get even more wealthy. Meanwhile, small businesses only hope they can qualify for a loan (most won't get one), and they have to pay it back with interest. The FED exists to support greed and irresponsibility, simple as that. The US, Japan & Euro zones all need to man up and accept the mistakes they've made. Put greed aside, and let markets/economies clean themselves out. Stop this money printing bailout mentality and return to free-market roots. Otherwise, this thing will just keep going on, and reward for effort will be a thing of the past. Stop rewarding stupid & corrupt behavior! Stop corporate welfare end wall st, and the stock market that way companies have nothing to do with their money except investing in their workers and their companies, not their stock prices. Start collecting taxes from them. American business mentality is to borrow egregiously and make very risky bets. Then when everything goes wrong, deflect the negatives of the risk by having the Fed bail you out or game the system. How much longer can moral hazard be ignored, rewarding these inefficient and dangerous business practices instead of punishing the ever wealthier executors? Americans like living on debt, but the party is over. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The market bubble doesn't turn my stomach as much as the debt bubble. Unless you've bought recently on margin, a correction might sting, but it won't bankrupt you. Debt, however, needs its payments made. And if you've got one low payment too many, it gets ugly fast. Add a few trillion here to the debt and add a few trillion there to the debt and pretty soon, still, nobody gives a damn, because everybody knows that in order to keep the shithouse's walls from imploding, there will have to be another few trillion added here and another few trillions added there. That is called Ouroboros economics. Until now, it has been a discussion about billions. Now we shall hear a discussion about trillions. Three zeros difference. Zero is nothing until you keep adding them to the end of a number. And with the dollar devaluation coming, it will be quadrillions. Forget trillions. This is the Buzz Lightyear economics: To infinity and beyond. Well, at least we are in good hands. Our current president is the best president in American history...in handling bankruptcies. He has a lot of experience, and that's what we need right now, one with experience. And now I understand what he was saying when he said, "I am the chosen one." Who else would be able to handle this pending, greatest bankruptcy in the history of mankind? After all, he's gone through 6 bankruptcies already. And America will become his 7th. The USA is a Republic run by Big corporations. Therefore, it is actually an Oligarchy. Elections will not stop this as it gets worse every time. The top 0.1 % of the Super Rich have decided who wins through gerrymandering and by keeping this antiquated Electoral College system, both favoring the top 1% of the population. Compared to the EU countries, the USA hard-working citizens do not have any universal health care system, no six weeks/ year paid vacation, no 38 hours of work, no nothing European citizens have. Why is that? Well, the taxation system is much fairer, military expenses are far lower, so Eu can afford to make laws favoring the interest of their voters. In the EU, the politicians are afraid of the voters; in the USA, they are afraid of Big Corporate America! There is no money in the banks. Your bank accounts reflect a measured value of somebody else’s unbridled power. We are allotted credits by the secret elite that allow us to live falsely believing they have not enslaved us. Capitalism is simply what communism sees in the mirror. Nothing is going to happen to fix our deficit because both parties (and people) are addicted to debt and never-ending GDP growth. There is no way out this other than inflation. It is not possible politically to cut benefits and raise taxes sufficiently to make any meaningful headway on the national debt. It is just too big, and the political and social forces against deep cuts and big tax increases are too entrenched. Fix the problem by cutting politicians' entitlements, politicians' luxury spending, and stop giving tax breaks to wealthy, who need to pay taxes on all income. Stop stimulus pay to big companies and to those who make over $90,000 a year and to noncitizens with green cards. Cut multiple living expenses to presidents with multiple security to adult family members. Now, that is a good bog start to boost our economy. Cut Federal salaries by 50 %. Cut Federal benefits by 80 %. Cut Federal Holidays by at least five days. Cut Federal pensions by at least 50 %. Cut congress pensions by 100 %. They do not deserve a pension for two years of doing nothing. Cut congress medical to the same the retired people get. Watch the budget balance in a hurry. - The Fed counterfeits dollars by the trillions, destroying their purchasing power and driving up prices. - Funds endless wars and welfare. - Creates massive and artificial economic booms, that must be followed by painful busts. - Bails out the politically-connected, creating an economy riddled with zombie corporations. Central planning is (as always) a disaster! The FED will bail till it cant bail anymore, complete economic warfare followed by the destruction of society. Post-Coronavirus, the situation will be two times or five times or ten times worse. Global depression is imminent and will continue for an indefinite period as depopulation, deleveraging, and decline are the natural state of things. Cast off the lifeboats...the Titanic is going down, and we'll be in small boats on very rough seas from here on. This was going to happen. Eventually, Coronavirus has just accelerated the timeline." 3 D's. Depression. Depopulation. De-dollarization. It's the New World Order. Serfdom. Destroy middle class, small business, pensions (public and private), 4o1 ks. Doctors can't even perform surgeries right now unless they are emergency surgeries. Virtually every business is suffering. When the formerly comfortable middle class loses everything, the government will come in to "save us," with public benefits and police state. No honor among thieves. The greed pandemic is upon us. The real looters are living in wall street, and they're looting our money by the trillions. I personally hold the Globalists and their Federal Reserve accountable for this Global Depression scenario. They are responsible for inflating the currency and all bubbles, enabling criminal behavior, and destroying the economy in the process. This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Syrian Chemical Bombs the Conduit to Iran by Jason Liosatos.

Syria’s President Assad would surely not use chemical weapons, knowing it would be suicide, and the perfect excuse for the West to intervene, it is much more likely to be the Syrian rebels that have used the chemical weapons, or they could well have been planted there by the Western backed – and apparently – funded, salaried, rebels, (allegedly including Al Qaeda) who will do anything to get rid of Assad. All bets are off as the US and Western powers use the chemical weapon card to trick again, just like Iraq, to seduce the support of the US public via a strange concoction of fear and a superiority complex, thus coercing them into believing it is morally and ethically sound to take over Syria, and in doing so be one foothold closer to Iran, and further dominance of the Middle East.

We saw what deceit and corruption the US and other Western ‘all lies’ were capable of when Colin Powell, Rumsfeld, Bush and Cheney and Blair showed us how deep and dangerous the diseases of human insanity and imbalances are, (still no war crimes tribunal to this day) and as usual when the governments change in name not nature, all seems to be forgiven and forgotten by the majority of the population, as the evil pantomime and its actors come to town again with the same script but with a different name and different masks. This time its a more believable crew in the soft spoken form of Obama, and his new henchmen, who continue to lie and cheat and steal and murder their way across the Middle East encircling the grand finale of the prosperous and peaceful Iran.
We are witnessing the most insane period in our human history as we know it, where we are watching the psychotic leaders destroy our lives and planet, in a period unprecedented in its myriad forms of madness, our planet resembling a kind of circus mental asylum with its inhabitants – us – unwittingly perpetuating the show, as its well trained troop, who believe the circus to be not only real, but normal. Humanity is being force fed a madness pill, and we are addicted to the circus system that is destroying us mentally, physically and spiritually, and like performing elephants and chimps terrified of its circus masters, we carry on the act, and play our part, but we also realize there is something better, bigger, beyond the the circus big top tent, something sane and stable that we sometimes feel again beneath our fear and madness.
Something deep inside us all is stirring and telling us something is very seriously wrong, we feel it in our souls, and our ethical alarm bell is ringing inside us all loud and clear, alerting us that those running this world really are dangerously mentally ill, as their words and actions on a daily basis most undoubtedly prove, as they bomb and murder their way across the Middle East. We also feel deep in our souls that if we were to challenge them then they would turn on us with terrible violence, which of course they would, just as Assad of Syria is doing and just as Mubarak of Egypt did. This realization that the US and Western governments would treat their own citizens with equal brutality to those dictators that they condemn in the Middle East is the most shocking truth for people, but it is true, and the more that the people in the West resist their brutal government captors and slave masters then the more this shocking realization will come to light and fruition.
The antidote to this problem lies within every person under its evil spell, and that antidote is simply to recognize the evil, madness and conditioning in ourselves and rectify it, the recognition being a great part of the rectifying, and when we can all push past our own insanity and madness then that will change the whole circus and asylum we are currently seduced by and trapped in. It is similar to a huge orchestra playing out of tune, purposely conducted to do so by the conductors, the governments, but when the orchestra decides to re tune itself with each individual player refusing to play out of tune but in tune, retuning themselves, then the conductors can wave their sticks all they like, it is then the orchestra not the conductor that directs, dictates and conducts itself with its own harmony, again playing in tune and concert pitch.  We indeed are the jailers and the liberators of ourselves. – Jason Liosatos.

Fukushima is Thousand Times worse than we thought!

I don’t know why the Russians, Americans and everybody ells hasn’t been there from the start. Back when the reactor four building blew up I knew the s—t had hit the fan. They have been spraying water over this mess ever since but that can’t go on forever. Americas West coast will catch it big time when this thing burns up. Everything as we understand it will be over. God help us.Much like BP with Horizon in the Gulf, TEPCO will never divulge how bad it is until it's too late. How this isn't mainstream news EVERYDAY blows my mind........but then again that would take time away from reporting on fake peace treaty's and reality stars in court!

Elizabeth Warren ~ Strategy for Financial Markets: TARP Oversight

Strategy for Financial Markets: TARP Oversight - Elizabeth Warren (2009)



Warren opposed the 2010 U.S. Supreme Court Citizens United v. Federal Election Commission and supports the DISCLOSE Act which would limit the 2010 Supreme Court ruling.

Consumer Financial Protection Bureau

I'm figuring the bank holiday will come shortly after 9-11, mid to late September. Notice how the market keep right on trucking during the NASDAQ glitch , who do they think they are fooling? Every rumor affects the market, but not this glitch? I'll go with totally controlled " TEST RUN " to see how the people respond. Will the people try to make a run on the banks? I'm betting this was set up in Obama's meeting.

Shocking : Welfare Recipients Getting Over $30k Per Year in Some States

"In the end, more than freedom, they wanted security. They wanted a comfortable life, and they lost it all -- security, comfort, and freedom.
When the Athenians finally wanted not to give to society but for society to give to them, when the freedom they wished for most was freedom from responsibility then Athens ceased to be free and was never free again."
Edward Gibbon
Source: Decline and Fall of the Roman Empire, 1909

The Federal Reserve Is Not Currently Forecasting An Economic Collapse -- Episode 142

The Federal Reserve Governors are dancing on the graves of the founding fathers

The Federal Reserve Act of 1913 was the beginning of the 100 year silent coup for total and absolute power over the United States and the world as a whole. Pur fpunding fathers NEVER intended in the design for us to be ruled by central planners.
I believe as well the end game is near and some kind of false flag will implemented and the suspension (permanent) of our Bill of Rights will be established. We are truly entering upon very unholy times.

Gold will be confiscated by government just like Roosevelt/WW2. Gold is better than paper money but when the SHTF/ no one except the Elites will survive!!!!

Jim Marrs ~ Secret Societies Want Depopulation

Jim Marrs is an award-winning journalist and has over 30 years experience with several Texas newspapers. In 1999, he began teaching a course on UFOs, perhaps one of the first university level UFO courses in the nation. Jim also investigated the U.S. Army's remote viewing program three years before it was publicly acknowledged by the CIA and then produced "Alien Agenda." In addition, his book, "Rule by Secrecy," has been termed an "underground best-seller".

Wikipedia
Jim Marrs (born 5 December 1943) is an American former newspaper journalist and New York Times best-selling author of books and articles on a wide range of alleged cover ups and conspiracies. Marrs is a prominent figure in the JFK conspiracy press and his book Crossfire was a source for Oliver Stone's film JFK. He has written books asserting the existence of government conspiracies regarding aliens, 9/11, telepathy, and secret societies. He was once a news reporter in the Dallas--Fort Worth Metroplex and has taught a class on the Kennedy Assassination at University of Texas at Arlington for 30 years. Marrs is a member of the Scholars for 9/11 Truth

Biography

Since 1976, Marrs has taught a course on the assassination of President John F. Kennedy at the University of Texas at Arlington. In 1989, his book, Crossfire: The Plot That Killed Kennedy, was published and reached the New York Times Paperback Non-Fiction Best Seller list in mid-February 1992. It became a basis for the Oliver Stone film JFK. Marrs served as a chief consultant for both the film's screenplay and production,Crossfire: The Plot That Killed Kennedy.

Beginning in 1992, Marrs spent three years researching and completing a non-fiction book on a top-secret government program called the Stargate Project involving the psychic phenomenon known as remote viewing, only to have the program canceled as it was going to press in the summer of 1995. Within two months, the story of military-developed remote viewing broke nationally in the Washington Post after the CIA revealed the program.

In May 1997, Marrs' investigation of UFOs, Alien Agenda, was published by HarperCollins Publishers. Publishers Weekly described Alien Agenda as "the most entertaining and complete overview of flying saucers and their crew in years." The paperback edition was released in mid-1998. It has been translated into several foreign languages and become the top-selling UFO book in the world.

In early 2000, HarperCollins published Rule by Secrecy, which claimed to trace a hidden history connecting modern secret societies to ancient and medieval times. This book also reached the New York Times Best Seller list. In 2003, his book The War on Freedom probed the alleged conspiracies of the 9/11 attacks and their aftermath. It was released in 2006 under the title The Terror Conspiracy.

Marrs has been a featured speaker at a number of national conferences including the annual International UFO Congress and the annual Gulf Breeze UFO Conference, but he also speaks at local conferences, such as Conspiracy Con and The Bay Area UFO Expo.[8] Beginning in 2000, he began teaching a course on UFOs at the University of Texas at Arlington. Marrs usually also gives a book signing at Brave New Books in Austin, Texas at least once a year.

Marrs has appeared on ABC, NBC, CBS, CNN, C-SPAN, The Discovery Channel, TLC, The History Channel, This Morning America, Geraldo, The Montel Williams Show, Today, TechTV, Larry King (with George Noory), and Art Bell radio programs, as well as numerous national and regional radio and TV shows.

In October 2011, Jim Marrs started his own radio program, "A View from Marrs" on the Jeff Rense Radio network airing three times a week, Monday, Wednesday and Friday at 3 p.m. Central time. Marrs has on his show a wide variety of guests and dedicated the entire month of November to the latest information regarding the JFK assassination. He also has subject matter on UFO research, survival tips, and much more.