Guest Post by Martin Armstrong
The European Central Bank has just announced its monetary policy statement that the “will stay the course in raising interest rates significantly at a steady pace and in keeping them at levels that are sufficiently restrictive to ensure a timely return of inflation to its 2% medium-term target.”
Besides inflation, the other problem that governments are having is that there is a lack of a bid on the long end. That is why Yellen proposed swamping in long-term for the short-term. Furthermore, it is becoming obvious that Western governments are pushing for war with Russia and China. Institutions have been frantically calling us about restructuring their portfolios because war is coming, they see the debt expanding and rates rising further so why buy the long-term only to lose money?
Then we have Klaus Schwab and George Soros who are pushing for world war perhaps because they are so old and do not expect to be here anyway – so why not take a bunch of us with them? Like an Egyptian Pharoah who has all his servants killed upon his death to travel with him to the next world to serve him.
So we have inflation, war, and the ultimate end game of defaulting on the debt as they did after World War II and creating a new Bretton Woods with cryptocurrency so they can track everything we do. Welcome to the wonderland of Klaus Schwab where you own nothing, and will be a mindless ant in a clever Lenistic world of perfect order and absolute control.
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109 countries, soon to be 110.
I wish he’d burglarized my house so I could shoot and kill him.
Edit: on second thought, I’d just capture him and do the deed with pliers and my oxygen acetylene torch.
When it costs more to buy than to rent, is that a sign of something? I assume, landlords are investing because
“Real estate never goes down”.
“Real estate never goes down”
In the early 80’s, after the oil price tanked, my house in OKC went from $81K to $48K in a little less than 2 years. 70,000+ houses on the market in a city with 1/2 million people and no jobs available caused the market to crater. It CAN happen.
Does it make sense that the mortgage payment would be larger than the rent payment…on average? Some people are still purchasing to rent out at lower than the mortgage payment.
Not really. They must be expecting rents to increase, mortgage rates to decrease or are looking for a tax advantage, for which they will need to float the cash difference.
Daughter who is in the mortgage business says they are making lots of deals offering a one-time refi for $0 cost within the first 24 months. They are scrambling to find borrowers.
You bet they are! They’ve poisoned all the real suckers and it’s come back to bite them right in their asses.
Glock- Did you see the proof that Damar Hamlin is dead on Makow?
Dead? After the miraculous “recovery”?
LOL
BL,
I read most of it. Not sure I trust it. Ok, it does make sense to me that he is dead though. If he’s attending NFL games THERE IS ZERO reason he wouldn’t be interviewed. If nothing else, at least behind protective glass or something. Fishy, VERY fishy.
Makow says there’s a video of him talking to a camera. I haven’t seen it.
Deep fake?
No way to tell.
Don’t really care either.
He is dead or not. Changes nothing of substance to me.
Glock- He does things at his own pace, he is not a slave to timing. The Feb.3 page is up, look again. It’s about some Thai Princess in a coma after taking three Pfizer shit shots.
The photo shop is telling and the scrub of info regarding Damar in such a small town with only one inhabitant named Damar Hamlin?? Your concerns are spot on also, the guy is dead as a door nail.
A successful cover up operation though because the proles have a 30 second attention span and have already gone on to whatever shiny object they are following.
BL,
I don’t get the shitty photoshop job. Where was it posted? New York Times or something?
Makow says “the media”…
“A couple of weeks later, the media submitted a picture of the now recovered Hamlin sitting on a hospital bed with a nurse at his side.”
What/which media?
Yeah…but you didn’t sell at that price, did ya?
Actually, I walked away from it and moved to TN to find a job. Mortgage company had so many foreclosures that they never filed a judgment against me.
In the city where I live, whenever the Neegrows get the mind to colonize a nice, stable neighborhood due to their ever-expanding numbers, the property values in that no longer nice ‘hood take a sharp nosedive.