“U.S. Banks are facing some $600 billion of unrealized losses, roughly 25% of total banking capital, near the highest levels in history.” – Automatic Earth
The U.S. banking system and likely, the global banking system, is essentially bankrupt. They just won’t admit it and central bankers won’t let them admit it. These “brilliant” Harvard Business School and Wharton trained financial geniuses thought it was a great idea to load up their institutions with mortgage and Treasury bonds when they were paying 0.5%. Now the ten year Treasury is 4.58%. Even a dolt like AOC or Pelosi should know bonds lose value when rates go up.
So here we are with banks almost $600 billion underwater in their bond holdings, waiting for our next Minsky Moment. Those living in a fantasy world of no consequences aren’t worried, because these banks don’t have to realize these losses unless they sell.
After re-watching The Big Short last week, I realized we are about to see history rhyme. There was an interminable period prior to the 2008 financial crash where the Wall Street cabal, government bureaucrats, central bankers, rating agencies, home buyers, and stock investors all pretended everything was fine. As the toxic fraudulent mortgages began to default because Mexican migrant workers and topless dancers couldn’t make the payments on their $500,000 mortgages, the banks actually marked their CDO and CLO weapons of mass financial destruction up in price. They were going to keep on dancing until the music ended. Extend and pretend kept the good times rolling. Until it didn’t.
Once the wrong grain of sand falls on the weakest part of the sand pile we call our financial system, the collapse will commence. Once the losses start to mount, these Wall Street banks will be forced to sell in order to generate liquidity. I know it’s coming. You know it’s coming. They know it’s coming. It’s just a matter of when. The Fed’s balance sheet will be doubled again in a fruitless effort to save their corrupt system once more.
We are in the waning years of this Fourth Turning. This will not be resolved peacefully or by kicking the can down the road once again. We are about to reap what Washington and Wall Street have sown since 2008.
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“America is a corpse being devoured by maggots. The Democrats root for the maggots, the Republicans root for the corpse.”
I saw that quote on TAE this morning- awesome quote, I’d like to know who wrote it.
I’ve got my first check for a total of thirteen thousand US dollars. I am so energized, this is whenever I first really acquired something. I will work much harder now and I can hardly hang tight for the following week’s installment. Go to the Home tab for more detail. I highly recommend
everyone to apply.. www.Payathome7.com
Shake those titties.
Yo ass be showin’ Della.
Showing your skank pudenda to strangers on the internet
is an awful way to make filthy lucre. Repent.
Almost copyright infringement. I demand reparations
Were a bank with a standing army.
“America is a corpse being devoured by maggots. The Democrats root for the maggots, the Republicans root for the corpse.”
kicking a can that can no longer be kicked, that is now lodged in that corpse, they watch the maggots feast and wait for the flies to flee
America is the maggot devouring the world.
America is the corpse being devoured by the same
maggots that devour every culture eventuality.
Rome, Byzantium, Pharonic Egypt, the list is long.
The Bible talks all about the evil of evil men lusting for
power. And the weakness of most men to oppose it.
Trust in The Lord and ammo the fuck up.
Come on, man!
We all know bonds don’t lose (notional) value [from rising interest rates], if you hold to maturity!
In our current situation, a 30 yr. would be at LEAST negative 400%. Value of the Dollar down 17% since Dementia Grifter Joe was installed, so in reality a 30 yr. would be “Weimar”in six years unless it gets even worse faster. Fuck Joe Biden and all his enablers or puppeteers. Who has the rope(s)?
In Notional terms it will be exactly zero negative, unless the US govt openly defaults.
Orange Grifter-Confidence Manchild has the rope(s), methinks.
MOU
The rope(s)? Anything like only deserving of the gallows…rope.
All the enemies I have been watching for years
are doing EVERYTHING in their power
to stop your orange bogyman that lives rent free in your head.
Ever stopped ranting long enough to wonder why that is?
If he is one of them, or some little harmless grifter,
they would be promoting him as a tick on their giant unstoppable cape buffalo, not in panic mode trying every extra constitutional thing to stop him.
Logic is your friend.
Try it once.
I would be more “secure” financially and otherwise if i wasn’t supporting a wife and grown daughter. Every time i save money for gold,silver,or ammo, i have to spend it to deal with their latest dumb shyte. Hoohas take more maintenance than a boat.
So why did you get married in the first place?
I feel sorry for your wife and daughter.
If you didn’t have the wife you might not be getting laid but is that even worth it? lol
I know you’re joking, of course. You incur losses AT maturity, namely inflation losses and opportunity cost, when you get your capital back.
Don’t forget that you get taxed on your “gains” even if your pile of invested dollars is now worth less due to inflation.
I’ve listened to the entire Fall of Civilizations podcast series at least three times each-excellent series if you have the time- and they almost all feature the same set of circumstances surrounding their collapse; devaluation and/or debasement of the currency for those with a monetary system, front loading the administration of government with eunuchs, rapid and uncontrolled influx of foreign population via mass migration, distraction of native population via games, entertainment, and sexual degeneracy, soil exhaustion in formerly productive agricultural regions, constant state of warfare and military expeditions afield leaving the homelands undefended, widespread corruption of government, massive building or monument projects at the expense of critical infrastructure repairs and maintenance.
The eunuch thing was a surprise, but a consistent artifact of a culture on its way out.
https://fallofcivilizationspodcast.com/
In todays terms, simply replace eunuch with tranny, Sam ting
That was the point. There appears to be a fascination with the sexually mutilated amongst the elites near the end of empire. The narrator tried to explain it away by saying castrated men have no family, therefore they can focus more attention on administrative duties or that by keeping them from having offspring they will have no one to leave their fortunes to, but there’s got to be something more than that underlying the endless repetition of this phenomenon across millenia.
Just a curious bit of acrcana.
Haven’t listened to any of the podcasts you mentioned, but sexual deviancy is part and parcel with evil. So, imo, its not for any reasons of offspring or duty concentration, but the natural outcome of evil. Which always involves overt sexual deviancy by its adherents. Its what evil does.
and yes, I agree. Its is a curious bit. But it seems also an established pattern
When SOF came out there was lots of talk about child sex trafficking for several weeks. Now, seems to have fizzled.
Power for the sake of power must express itself in cruelty and destruction as a reflection of the strength of the power. The greater the cruelty and destruction, the greater is the affirmation of the measure of power.
accordingly, the physical laying to waste of towns, peoples and cultures through wars and genocidal mass immigration; the laying to waste of human capacity through drugs and vapid entertainment; the laying to waste of knowledge and wisdom through false science and psychological manipulations; the laying to waste of one’s accumulated labor (time-wealth) through fiat inflation.
its always the same people that cause the destruction
the ‘destroyers’
They brought Weimar to Germany … now they’ve brought Weimar 2.0 to the United States and the rest of the 1st World Nations …
And they wonder just why no one likes them? And why they’ve been kicked out of more than 100 Nations? Really? I mean — just how dense are (((they)))?
It is a fundamental denial of what it means to be human. There was an aspect of being free to focus on the State instead of family in the Cult of Statism. The deeper reality is denial of humanity though. It manifests today in the LGTBQ+ and transhumanist cyborg movements.
It is a sign of the end because these manifestations of Statism forget their humanity and who the State serves, the people and they elevate themselves above average people and God. It is a type of psychopathy.
Trannies are self-emasculated…then there are the soi bois, and leftist ‘men’ who also self-emasculate. Along with that comes the medical ‘professionals’ and ‘educators’ who willfully and dedicatedly work to surgically and chemically emasculate and sterilize children against their parents’ wishes. Let us not forget the ‘parents’ who encourage the destruction of their children so they can get the attention and claim to be woke.
As to the financial collapse….all part and parcel of the plan, the restructuring plan to destroy western civilization and replace it with Globalist controlled diversity ala Africa, replete with mud huts and shanties…tire necklaces and riots and looting and starvation…
How do Freedom Cities fit in?
For a bit more on the whole tranny propaganda machinery …
Paul wrote of it (eunuchs) in his epistle to the Romans even before Rome came close to self-imploding, it is the formula every time: Romans 1:18-32.
Very interesting is the last verse 32.
‘….who knowing the judgment of God, that they which commit such things are worthy of death, not only do the same, but have pleasure in them that do them.’
What’s fascinating about comparing the collapse of the former USA and that of the western Roman Empire, is not so.much how they so closely parallel each other, and they do, but how the collapse of the FUSA is happening so much faster, yes it began in 1913 with the Fed’s crea, but now we’re seeing a collapse that happened over centuries in Rome taking months in America. The Biden Regime has damaged the country more in the less than three years of its existence than the Romans suffered in decades or even centuries of its period of collapse.
I think that a major military adventure is, if not next up, will be soon, one that team FUSA will lose, and that will be the prelude to the final collapse.
There is a lot to think about in that comment
Speed of communication hurries the process along. It took weeks, months and years for information to make it from one end of the empire to the other, now it takes nano-seconds.
Accelerated aging for empires comes with accelerated speed of information sharing.
“knowledge shall increase”
We “create” money with the stroke of a pen while Rome had to dilute the gold and mint coins with the diluted metal.
It is now keystrokes on computers.
The USA isn’t in reality a separate entity from the British Empire, just a bifurcation over time and distance while maintaining the same forms, like Byzantium was to Rome.
Behavior, genetics, language, economy, values, legal system, all of it is virtually th same thing. We’re just too close historically to see it.
I’ve thought for a long time the USA has done nothing but go full circle in becoming what it supposedly left.
-Nature Of The Beast
The days are being shortened for the sake of the Elect. Otherwise there would be no flesh left alive on this planet whatsoever.
The days are being shortened for the sake of the Elect
The fun & games haven’t even started.
The US loses every military venture it embarks on. Then it declares victory and moves on.
How and/or why does ‘civilization(s)’ produce psychopaths and sociopaths?
The answer to that will possibly contain the solution?
I aspired to be a farmer at one time but after being locked in corporate America for some years. It was my choice, I “blame” no one. That does not mean I am out of touch with farming, at least on paper.
An acquaintance worked for Acres USA magazine in Austin , Texas. The tenure of that employment was under the direction of Fred Walters at the time.
Acres USA is where I learned about Joel Salatin and I read a number of publications written by founder , Charles Walton. Mr. Walton was a huge proponent of Eco-Farmers. Honestly I had never given the subject of “Chemical Amateurs vs. Eco-Farmers” much thought. In the city peeps just buy some commercial fertilizer and broadcast it on their lawns and sometimes too much so the grass burns up. And they think they must keep up with the Jones that beautiful water slurping San Augustine grass. There is nothing that says peeps in Texas will not have water supply issues but a different subject.
I don’t know the answer to mass farming commodity production without the chemicals, just saying , how that means of production is around for a long time. I’m not a “tree hugger” , only given thought to destruction of soil quality in areas like the Mississippi Delta not to mention that which washes into the great Mississippi River.
Good, solid analysis. Now what do you plan to do about it?
History not only echoes, it most certainly repeats.
Now look to what happened when Rome fell and act
accordingly. Not only for your self, but for your line.
The Dark Ages followed, but the prepared survived
and birthed the Renaissance centuries later
with the help of The Church where ancient knowledge was preserved.
Take the long view for free men, the short view for those you love.
Ammo up.
A storm is most certainly coming. If you can’t see the dark clouds and
hear the distant thunder coming, you can’t be helped.
How much of the additional $16 billion in newly approved federal disaster relief will be going to sanctuary cities?
United States Illegal Alien Crime Report
https://www.illegalaliencrimereport.com/
We need sanctuary from sanctuary cities.
https://www.landwatch.com/
Don’t forget plenty of laser-blue boat tarps for the rooves and plenty of Faraday fabric.
Another similarity to Rome. Invasions by many different tribes of barbarians.
NYC just got flooded and their governor is already asking for funds.
Yes, they can use the rain storm as a cover story if necessary. But since no one, especially Republicans, cares they’ll just try to create a new precedent or category of “emergency” for disbursing money. The looting of the USA won’t be stopped.
Depends. If the sanctuary cities are called Kyiv, Odessa and Lviv then probably all of it.
The people who want to enslave us need the fungible
currency to fail so they can digitize “money” for complete control.
Buy lead. The slavers will not be stopped without that investment.
I’ll say it again and again. The financial collapse will start in China and flow through Asia first.
China lies about it’s finances more than any country in the world. Almost all the problems we have in this country (excluding crime) China has even worse.
The good thing is that gives at least a little time/warning for even stupid people to finally wake up and prepare for what’s coming. I think China will go for Taiwan before any thing big happens with Ukraine.
Thankfully America has a Chozen banker class tribe creating our money from nothing and all we have to pay is interest and a magic 3% inflation rate that remains constant, thanks to their dedication in keeping our currency market stable.
Chiney may burn ,bruh, but muh capitalist pwnd freedum will live on . We are not worthy…reeeee
A constant 3% inflation rate?
You live on a different planet than the rest of us.
Stop with the antisemitisms, bruh…so not cool.
ha! You can shove that antisemitism where the sun dont shine. Its use has been devalued.
It’s the jews
Thats not what he said. He said China is a fucking mess. And it is. Everything about China is fake, with the possible exception of its gold reserves. Fake military, fake economy, fake cities, fake engineering, fake building materials.
An analogy you may or may not agree with: have you noticed how poorly all the newly arrived “refugees” drive on American roads? They have no, zero, cultural reference for operating an automobile. Americans grew up in automobiles. Roads and driving are familiarities for us for literally as long as we can remember.
Now multiply this times 1.5 billion chinamen, coming from yurts, trying to make products, build cities, fight modern wars. No Cultural Experience.
When was the last time the Chinese military fought a peer modern war? Peer air battles, sea battles, land battles? I will wait for replies. China can’t even feed itself. China is a fucking joke.
I worked for a US company in China for a few years. I have to say, that’s the most ignorant set of statements I have ever read about China. Literally everything you said is wrong; quite an accomplishment.
I married a Chinese Gal, I have been to China, the people that sell them short are foolish. We will pay for getting in bed with them. We are the ones that are in trouble at the end of the day.
China’s an economic powerhouse the same way USA is: insane leverage. The same way 1930’s Germany was; read about MEFO Bills. For coming up with the scheme to finance the war, Hjalmar Schacht was tried at Nuremberg.
It’s all fake, leveraged bullshit. Does that mean tens or hundreds of millions won’t die in ww3? Nope, quite the contrary, it virtually guarantees ww3 happens in order to cover up the looting, fraud, malfeasance, etc.
But that doesn’t mean China’s not a giant fraudulent joke. It sure as hell doesn’t mean China knows how to conduct theatre-level military operations. Were they smart enough to buy our government? Yep they were.
Cadre of experienced and battle-hardened NCOs, Captains, Majors, Colonels? Nope. Experience projecting force globally? Nope. Flight training schools where experienced combat pilots share their personal experiences? Nope. Campaigns where they used multilevel combined arms (ground, air, space, surveillance, electronic, etc)? Nope.
Fleet nuclear attack subs deployed globally? Nope. Overseas bases for these to put in, resupply? Nope. Most people don’t understand how devastating a weapon the attack boats are.
Giant buildings full of trained hackers to destroy our infrastructure? Yep.
The Russians are also very adept at hacking, plus has an actual experienced military. Russia could beat China with one hand tied behind its back.
Legions of flag officers who got where they are by sucking Xi’s dick? Yep. Human wave attacks? Yep. # of officers and enlisteds capable of exercising individual initiative? ZERO.
Fuck China.
Have you even noticed what has been happening to our flag officers the past 15 years? It is more accurate to call them fag officers. 0bama got rid of anyone who was not woke who already had a star and their replacements got rid of those with oak leaves or eagles on their collars. Diversity and sexual deviancy are ruling the officer corps and it is trickling down rapidly.
“ It sure as hell doesn’t mean China knows how to conduct theatre-level military operations
🤣 Just WHAT Makes You Think that “The Chinese” are running China?
“After 1914, the High Commands on both sides tried to prevent any truces on a similar scale happening again. Despite this, there were some isolated incidents of soldiers holding brief truces later in the war, and not only at Christmas.”
https://www.iwm.org.uk/history/the-real-story-of-the-christmas-truce
There is but 1 (ONE) ‘High Command’.
SAME as it EVER Was.
You forgot fake news. Oh and fake watches. People don’t wear watches so much anymore but if they do they are probably fake.
What makes you think the USA can fight a peer?
Don’t get sucked into the anti-China BS that the establishment is feeding you Americans. Whether it is Russia or China that is today’s enemy, it is all designed to fuel perpetual war and make the rich even richer.
China & Russia are using BRICS to bring down the U$D and they are getting a lot of assistance from other countries throughout the world.
They got tired of the dry ride. The Russians have had so many sanctions for so long that they figured out how to go around them.
Hell Patriot, they are getting a lot of assistance from Washington DC.
Wonder how that will impact the Japanese Panasonic who is preparing for the new lithium battery manufacturing facility in Kansas? Hum, a huge operation right here in the USA where $$$ are what’s in peeps eyes for the most part. How about all the “new” jobs tied to the US dollar. Should be a fun Halloween with all the creepy financial things going on.
Ford is building a $1 BILLION battery plant about 50 miles from us and do not appear to be slowing down one iota on the dirt work.
Pretty soon one’s conscience won’t allow buying a vehicle from any of the major manufacturers (giggle).
I’m just glad I might make it to the grave without buying another thing from any of these asshole auto manufacturers. It will be a blessing.
New ‘ Muricans is the key to saving the ‘Murican economy, because dey’ do the jobs honkies won’t do…reeeee
On another note, this medical student succumbed to insurmountable academic pressure to achieve and snapped, because not enough community basketball courts available to blow off steam. This is why crackas need to pay they damn reparations…
A teacher in Flint, Michigan is knocked unconscious after a student threw a chair at her head. This happened in Flint Community Schools in Michigan
And then she regained consciousness, went home and filled in her mail in ballot for the Democratic slate.
The chair throw was precious…………..like to see this become a craze.
since you are showing baseball here,former red sox pitcher tim wakefield died today–
age 57,cancer —
Only 57 , brain cancer.
https://www.theblaze.com/news/tim-wakefield-dies-suddenly-reactions
Throwing things……
How “liberal” is the Flint school board and teachers union? I suspect that the teacher deserved what she got for being so stupid. She should have just drawn her salary and watched the chaos and promoted the savages. Fuck her and fuck flint and Michigan.
The teacher is white or black? Sadly, I’m guessing, is this teach took this teaching position in a shithole place in order to get her student loans paid off in a special program for teaching in a shithole place.
I think they will keep it cobbled together until they can no longer sell American inflation overseas via the dollar reserve currency. That avenue is a release valve on the domestic economy and as long as it holds they can grift, scam and steal with near impunity. When the reserve currency fails there will be a short period of time where ALL of the inflation will be felt here. Then Hyperinflation. Then the crash. What triggers the end of the international dollar trade is up for grabs.
Then what?
The US government and the oligarchy that upholds it is a parasitic cancer on the world. It produces nothing and seeks to consume everything. It will continue to do so until it is stopped. It began laying plans before the end of WWII and has been in operation since that time.
The American people cannot and will not stop it (hate to hurt a lot of folks feelings with that). The system does not see you as a threat. It knows it can and will control you with the militarized police forces and federal agencies. If it viewed you as a threat it would have the US military here and not in the 800+ overseas bases.
The WORLD will have to stop it. Foreign nations will have to realize that they must crush it or be crushed by it because there is no living in peace with it. We are financially destroying our non-Anglo allies in Europe now just to destroy Russia. We will do the same to South Korea and Japan to destroy China. Some nations have come to realize that already. Crushing the dollar reserve is the first step IF…IF they can pull it off. Short of that will be some kind of holocaust.
Or holomodor.
WHY?
https://www.jpost.com/Israel-News/Zuroff-Israel-should-not-recognize-Holodomor-as-genocide-578308
If we “cannot”, then “will not” isn’t relevant, is it?
I am tired of the comments about “well, they voted for it!”. After 2020, who believes elections anymore? There is plenty of reason to doubt the outcome of lots of “elections”.
Harris County Texas is the training ground for election rigging.
You can bet yer ass Sheila Jackson Lee will be the next Houston mayor.
Wasn’t she in Dallas or was that someone else?
While I’m unfamiliar with Houston/Harris County because I don’t go there and never have except “passing by” and that was hell, I’m too much familiar with Dallas/Dallas County. The two are in the top two ranked assholes of the universe in Texas as far as I’m concerned.
Some say they are all rigged, even 2016.
I hear ya but Japan is here. Panasonic gonna be a big producer of lithium batteries for the electrics. In Kansas I think they still use the dollar. China is here too. Former Texas Governor Rick Perry invited them to Texas, Plano at the time. Just plano Chinese.
After the welfare dries up and the parasite class start to starve inside the blue cities massive riots and looting will begin. The police will be unable to stop entire populations of inner city blacks and browns looting. The docile passive whites in urban areas will be robbed and killed. The rest will flee. The cities will devolve into street gang/warlord governed areas much like Africa.
After they run out of resources in the city proper they will push out into the suburbs adjacent to the major cities and continue their attacks. They will be met with some resistance but not enough as many moderate, weak Americans still reside in these areas. These are the Six-Pack Joe types that just want to grill and watch sportsball. They never thought it could happen here. They didn’t prepare because “Murica.” They will ultimately be conquered by the ferals. They will be enslaved or killed if they are unable to flee. Police and military will be unable to stem the violence. They will be consumed with protecting major infrastructure like power plants, water facilities and the command staff of such institutions.
Next the ferals will attempt to push further out into rural areas. This is where they are met by the hardened classes of men. Men who work with their hands, the soil, operate heavy machinery and use firearms. The raids will be repelled by these men and force them to form communities of likeminded individuals. The entire urban landscape burns while rural areas of self sufficient rise from the ashes. I hope you all have a well, firewood and some method of food production. Or a skill you can trade for these.
In the end, the US Empire comes crashing down. China invades through Canda. Russia nukes DC and we all probably end up dead. The world ends in nuclear holocaust and Christ returns to judge this godless world.
Fun thought experiment.
There isn’t going to be a nuclear holocaust. The NWO wants to rule the world, not destroy it (entirely). The upcoming financial implosion is part of their Agenda 2030 plan, along with the Ukraine war, COVID-19 scamdemic, COVID-19 kill shots, (upcoming) climate lockdowns, domestic unrest, unlimited illegal immigration into the U.S. and Western European countries, and everything else that is going on now. Ultimately they want to reduce the world population to 500 million and herd the survivors into tightly controlled and tightly monitored 15-minute cities, with a one world government (them), and a cashless society (CBDC) with social credit scores for everyone except themselves.
But their are counties that have or will soon have nukes that don’t care about the NWO.
Political or religious ideology or virgins in heaven are more important to them. It only takes one to start the end.
The NWO includes every major intelligence agency (NSA, CIA, FBI, MI-5, MI-6, Mossad, and all of the rest). They know everything that might happen, long before it happens. There is no way that any rogue actor or network could pull off anything major unless the NWO wanted it to happen. And even if some rogue terrorist group did manage to detonate a nuclear bomb somewhere without approval from the NWO it would just be one isolated event, not a nuclear holocaust. In fact an isolated nuclear blast in some major city could very well be part of their plan, but it won’t be a nuclear holocaust.
I remember sitting at a shipping yard near the New Jersey port and watching a program about how many ocean containers were close to millions of people. They were very nervous. I think the U.S. will self-destruct from within like Castro said.
GOD.
The NWO might not be the ones making that decision.
Because someone pulled the 500 million number out of his ass, there isn’t going to be a nuclear holocaust.
Good luck with that belief…
Geepers Chud Bentley…
The Chinese haven’t already started the invasion??? (and not from Canada. What’s that behind you?)
Ok, if we are gaming here are my thoughts:
SOMETHING NECESSARY TO UNDERSTAND ABOUT THE INTERCONNECTED GOVERNMENTS OF LONDON, WASHINGTON DC & THE VATICAN AND THE MOUNTAINS OF PROPAGANDA, BRAINWASHING AND DUMBING DOWN COMING FROM THESE 3 CITY STATES…AKA…THE WHORE OF BABYLON…for CENTURIES:
The Whore’s control and power is coming to a prophetic head:
Wherever you are reading this, by self-association you are in a select group of high information people with a much larger understanding of the issues than your local network. That means you know, comprehend, understand and have a level of insight and discernment that is far above average. Now, let me be brutally honest.
Factually speaking, all of the masses of people within the mechanisms of these three interconnected City States…the people you associate with being key allies to fight back against the visible demonic corruption; the people you assign hope toward; are not as smart as you…because most are clueless about this unholy trinity…and their spiritual/historical past.
Re-read that as needed…I am aware of it.
And understand the Unholy 3 City State Trinity…is (in my humble opinion) the ‘WHORE OF BABYLON’ described in the Bible.
The Whore of Babylon is not the entire USA or NYC. The US however is going to implode in many ways and will not be an international factor in last days events in the Mideast…that is coming sooner rather than later.
Looks to me like the BRICS are the BEAST…
We will know soon.
Have two Seals been opened! 3rd about to POP? We will know that soon too…
This is interesting for those interested in Bible prophecy…
Who is able to make war with the beast?
Russia?
China?
We shall see.
Jay,
What is possible is after the BRICS devour the Babylon City State System (London/DC/The Vatican) with the collapse of their fiat counterfeiting system that has allowed them to capture all the power centers of the world…they (the BRICS) would gain world dominance (with the destruction of the US Empire – as well as London/the Vatican going down as well) and then the BRICS evolve into the dominate international ‘BEAST’ and BEAST SYSTEM of prophecy.
What we have right now is just Game of Throne Demonic Cabals (both the Whore of Babylon 3 City States and the BRICS) fighting for control of the controls of the upcoming Globalist NWO….that will become the BEAST SYSTEM.
Now it is from that BEAST SYSTEM the Little Horn (the Antichrist) rises up through…and takes over what has already been built.
Just white boarding here…
We may all be surprised at how this all goes down.
Jay,
I completely agree…I’m just a Believer doing his best to understand prophecy as it seems I have had the amazing experience to live through some of the end of the beginning so far.
I am by no means saying what I have posted above is exactly ‘who is what’ or ‘I know what I believe as stated is going to happen’…it is just what I believe at this time.
It just makes sense to me as I stated above – at this time.
The Bible is full of evil being humbled, humiliated, and reversed in immediate or extremely short time frames SUPERNATURALLY!
I expect that again in our time…even more so as I believe we are at the end of the close…and I also expect every prophecy to be fulfilled to the exact word at the exact time predicted.
Much known only to God.
My most important prayer is to be used and to be part of God’s devoted and undeterred BOLD Remnant…as he always keeps a remnant for Himself…and that is where I want be…walking point.
And the fact that you are looking at scripture and comparing it with current events tells me that you are also looking for the return of the Lord as He said to do. No argument from me.
Simpatico…
Best feelgood post of the day !
If I am right we will know by the end of this year…you know what the dog said when they cut his tail off…
“It won’t be long now”.
Ow?
“The docile passive MOSTLY LIBERAL whites in urban areas will be robbed and killed”.
FIFY.
Imagine being a white liberal fed employee / staffer living in DC or NOVA now, as these events unfold, with the previous cheering for “defund the police!”.
Just finished reading the trilogy by William Forstchen (One Second After; One Year After; The Final Day) about a massive EMP over America and what you laid out is described in great detail. I think it will start when the EBT cards will no longer be able to provide enough food due to supply and/or cost. The ferals will start taking what they want and the LEO will retreat to get their families to safety.
The suburbs of Memphrica have a lot of rednecks who will thin the ranks of the roving gangs before they can get to the rural folks. The suburbs of NYC will be toast as they have let the government disarm them under the guise of “gun control”. In NJ, gun control is defined as limiting the number and type of weapons a person can own. In TN, we consider a tight 3-shot grouping to be gun control.
Dean & Turner Wingo have deserted Collierville but still collect their sizable rental income.
Both families are enconsed in Starkvegas.
In Texas even the roving gangs can purchase non FFL at gun shows and no one knows where they live. Just saying, some of the gun fights could possibly be equally grouped.
I have been to a lot of gun shows and have never seen a non-FFL with a booth. I’m sure there are some, but I have never seen them.
Same here. I also see table after table setup to do background checks. The “gun show loophole” may exist, but I don’t know what it is.
The only “loophole” I have seen is an individual selling a rifle to another person, but I have only seen that once.
It’s a Prog lie like so many other “facts” about guns.
I don’t know exactly where you and TN live. Evidently not in Dallas-Fort Worth. And I mentioned the smaller shows in this area where there are many non dealer tables. Fact.
I’ve only gone to shows in FL, AZ, ID, UT, and MT. There are always non-dealer tables at the shows, but you still need to use one of the background check tables to buy from them. Maybe it’s just the show rules for the ones we’ve been to. I do know that private sales between private buyers happen all the time outside of gun shows, but I don’t think that’s what they mean by “gun show loophole”.
I can understand various state and municipal governments having their own separate rules how shows are conducted. In Texas I can pay for a table or perhaps I would need 2-3 tables stacked with crates of AKs, SKS, Mosins and sell them all day long as a “unlicensed vendor”. Those are days gone by the wayside of course but if a guy had the crates full of surplus firearms he could sell them like hotcakes no FFL. “We” use to buy them all the time and the only “requirement”, cash.
In Texas you don’t need a booth and the point. However there are those that lay the firearms out on a table without FFL. They always ask if you want to sell what you carrying but of course at unreasonable offers. Nothing says a person renting a table has to FFL. Come on. I can get a table if I have the money and sell any firearm I want without FFL. This is Texas. Only a FFL dealer will have a table that runs a background check.
Tex, what I am saying is that most of the tables are rented by dealers so they can sell their stock. Most individuals do not have enough guns for sale to make the table rental worthwhile, so they do not sell at gun shows.
Gun Show Loophole is a straw man argument for the anti-2A types who want a background check on EVERY single firearm transfer, even Father to Son gifts.
Will Rogers in Fort Worth caters to some of the larger shows in the state. The one I went to was sponsored by someone other than Premier. Premier advertises 1200 tables available and an 8′ table is priced at $90. What I notice is several individuals manning a table so that their table is full of various firearms and no FFL. Certainly there are many firearms dealers that have a ton of firearms , especially handguns, that run the check on the spot. In my area of the world there are shows but they are small and not really worth going to. Yes , there are some FFL vendors set up but at these smaller shows I notice more tables manned by no FFL. 8′ tables at the smaller shows are priced around $60. If I wanted to sell all my firearms $60-90 is not a whole lot. All I’m saying and I’m not making a appeal a firearms owner have his/her DNA “chipped” in the firearm. I’m 2nd amendment too and that amendment applies to citizens of the US. I’ve only made an observation anyone legally in the country or illegally in the country can purchase any number of variety of firearms. What am I going to do about it? Nothing, only observation. Who gives a rats illegals can purchase?
I have not seen that around here, but I haven’t been to one in 7 or 8 years.
There are more guns for sale on the streets of the hood than are sold at gun shows, so they are available to anyone with cash money.
If you are ever in Fort Worth check out a show at Will Rogers. You will see what I’m taking about, many tables that are “unlicensed” vendors selling firearms.
When I walked in the Lone Star Gun Show Sept. 16 the first table on the right after entry was manned by three men. They had at least 20 firearms for sale , mostly rifles and shotguns. In the very front of a rack was a very well preserved SKS with a sign reading $675 Cash. No one at that table was a licensed dealer. Not that it matters , $675 for an SKS is a shocker to me but that is the way firearms have gone, pricey.
Would FFL qualify as an infringement on the 2nd since it’s origins did not take place until 1938? “shall not be infringed”
Certainly, as would the ’34 NFA in its entirety and all the rest of them the past century.
here’s one 4 all you gun nuts —
there is an auction this sat here in tampa which you can preview on line & bid on line —
it is the collection of retired,career green beret & the estate is selling all of his firearms,several hundred if i remember correctly —
https://www.harrisauctionsllc.com/
So, not very optimistic, then?
Balkanization a la Sarajevo, civil war, economic collapse. Then the UN votes to bring peacekeeping troops to quell the violence. Matt Bracken is prescient. Best place to be? Elsewhere.
The Fourth Reich, with a little luck.
They start shooting the people that are their scapegoats.
Sigh, Eat Ze Bugs?
“Home buyers”
Saw this local article today and the above quote reminded me of it. Note the approximate 4x increase between 2003/2013 ( $75,000 in 2003, $305,000 in 2013) and then almost 4x again between 2013/2023 ( $305,000 in 2013, $1,150,000 in 2023) with a doubling in the last 2 years. Central Florida is one of the fastest growing areas, but still….
4-acre farm sells for more than double 2021 sales price
A 4-acre farm that last sold in 2021 for $477,500 was just purchased for over $1 million….
According to Marion County property records, the home first sold for $75,000 in 2003. The home was then sold for $305,000 in 2013, for $465,000 in 2015, and for $477,500 in 2021.
Back in the day banks and credit card companies were charging 21% interest on loans and mortgages, and people were still buying homes at stupid prices.
Whats changed??
After the financial crash there will be a glut of cheap homes that will be scooped up by patriotic companies like Blackrock.
According to St Louis Federal reserve charts:
https://fred.stlouisfed.org/series/MSPUS
https://fred.stlouisfed.org/series/MSPUS
Highest 30 year fixed mortgage rate: Nov. 1981 @ 18.28%
Average cost of home in 1981: $69,000
that was the usausa, not canukistan
Prime rate was over 19% and CC rates were 21%
I bought a house for $81K with a 12% mortgage back in the early 80’s. By ’85, it was appraised at $45K, but nobody was buying due to the glut of houses on the market.
Not a farm.
4 acres of lawn and a McMansion only count as a farm in the minds of those too far removed from rural life to even know the difference.
Without a doubt.
It’s zoned Rural Farm Land and then the builder carved
it into an Executive Estate rural property on zoned Farm Land
for Realty purposes. Rural Executive Building Lots sell for
five time what unmanicured farms sell for in the same area.
MOU
I have taken 14 empty (actually abandoned ‘rural’ acres) owned by a ‘Hottie – Jelly Head – foolish woman right out of Proverbs (the kind He warns you about – who owned it) and bought it (two connected lots) for $112,500 in 2012 in four days…with the king…CASH!!!
King CASH was the deal closer. Got it then at almost 40k under market value as the owner seemed desperate or foolish or both…and I was right. My real estate agent was stunned.
This was after I told my wife with 4 more years of Obama facing us we need to go 100% full Prepper RETARD…with 100 round bursts! We almost were covered up with links.
Turned the two rural lots into a modest double gated compound/farm/homestead and built our dream home in woods in the back. A friend who follows real-estate told me if I answered the constant offers I could sell it for 1.2 mil.
I thought he was pulling my leg…but he wasn’t.
We have maybe 700k into everything…at the high end.
That was a year ago…
We have a similar story. We just can’t find a better place to go!
While there are lots of examples of increased home prices over the last few years, this is not a good one. This home was completely remodeled since it was last sold, so it’s a buy and flip and accurately represents what was put into it plus a little profit.
Have you seen what a new custom kitchen costs these days? I’m in the business and I’ve seen labor and material costs increase by 30% t0 60% since 2018.
When you want to value a property you have to take into account the land value in addition to the square foot cost of building from scratch.
This home just sold for $333 a square foot. That’s just conditioned living space. Add in the lot, garages, unconditioned spaces and you can see it’s priced well within current norms for the area.
https://www.realtor.com/realestateandhomes-detail/6948-NW-54th-Loop_Ocala_FL_34482_M57684-70392
Note the improvements made since last sold.
“Current norms for the area”…
I think you have entirely missed the point.
The point was?
Current norms for any area support the massive increase in buy/flip real estate.
Investors are buying and flipping hundreds of properties now that the VRBO thing isn’t profitable.
Expect properties in the lower percentile to crater this winter.
Properties such as the one above will maintain their value a while longer as the typical buyers don’t rely as much on interes rates/mortgages.
The point was, “valuations” are driven by speculation and by unsustainable trends. “Buy high / sell low” is not a good strategy.
No wonder homeowners insurance is becoming non attainable for some folks.
My parents spent 45k on a kitchen remodel 30 years ago.
I’d rather not. lol
Used to work with a guy who bought 5 acres in Marion County back in 2002. He then built a small 3 BR house on it for himself, wife and his child. Last time I had a chance to visit with him in ’14 or ’15, he told me his house was now surrounded by huge houses worth 1/2 million. He was sitting pretty on his farmstead with his family, chickens, goats and a couple head of beef. He was debt free and only had to pay insurance and taxes. I’m sure his neighbors would love to get him out of there so they could get rid of his eyesore and add another 5 huge houses.
Expensive yes, but….that is not a farm. It’s a big-ass house with a really nice yard.
Yes, machines can do some of the work while millions of paper pushers get paid for shuffling numbers in a high rise office downtown, but America is no longer producing young males with morals and work ethic to keep things going. The feminist movement saw to that. Flipping houses and inflating the currency might work for awhile, but sooner or later those houses must be paid for or defaulted on. Women can claim their rights and equality all they want while going to a paper pusher job in a high rise building, but sooner or later someone has to give birth to children or else foreigners will invade the borders to take their place and their country.
“Women can claim their rights and equality all they want while going to a paper pusher job in a high rise building”
All of the bullshit regulatory-compliance, administrative state, legal, and HR jobs are make-work and a drag on the real economy.
Pay off your debt now and you sail easily thru bad times
Or load up on debt, buy all the toys and stuff you can. Who will collect that debt?? Banks going to want all those cars, boats, stuff??? Where will they put them all??
I have no debt, nor do I wish to assume debt, but in a financial collapse what exactly would the creditors do with all the reclaimed ‘stuff’? Nobody would be buying it.
Someone ended up owning all the farmland around here after the depression and bankruptcies of the ’20’s.
” Who will collect that debt??”
The local Sheriff or PD will be hired by the banks after the rule of law disappears to evict you, or just shoot you if you refuse to leave.
Are you just plain stupid?!? That local sheriff is going to come over and evict or shoot you??? LOL
When the ‘rule’ of law disappears that sheriff isn’t going to be the bankers friend, he’s going to be a lot more amiable to the people living in the same community as he does.
Its not just bank debt either, that will get you ‘evicted’ but extortion debt ‘owed’ to the various govts. The govt gonna send the sheriff around to evict you from ‘your’ property because you haven’t paid your extortion fees?? That poor sheriff is gonna be very overworked and I suspect, not many will be compliant with his banker/govt demands to vacate.
When the rule of law disappears, those with guns will defend what they hold to. Some guy with a gun and tin badge demand’n they hand over their stuff and/or vacate their home. Might find himself in the revenurer predicament. buried out back in the woods.
What I’m thinking too. However, “trust no one”.
Revenurer. Good point.
If there is such a thing as a “good” Sheriff, they ain’t gonna do that. Can’t say the same about PDs.
Looks like an upside down hockey stick.
What happens to the graph if you take it back another 50 or 100 years?
That RLS quote is pure gold.
It’s October. Been saying for months it will be October.
Student loan payments will pull $400/mo per borrower (averages) out of consumer spending. Oil is well above $90 and looking to make a push to $100 while FJB never refilled it from last election. UAW is on strike which put all the supplier companies out of work. Debt payments, just the debt, are at or above $1trillion annually now and new debt/old debt must be refinance at 5% or more.
Oct 1929, Oct 1987, Oct 1989, Sept 29, 2008 (Almost Oct), Oct 2023 is next.
They can’t inflate their way out, so war it shall be.
October has merely been the excuse to crash and burn since the earlier octobershitfests centered around poor harvests.
” No seed money for you!!!”
A paper mill around here is about to go on strike.
Well, they can inflate their way as long as they can sell much of that inflation and treasury debt to other nations, or force other nations to buy said inflation and treasury debt in the form of the dollar denominated reserve currency scheme. When that finally fails war will come with sudden fury.
I have a gut feeling that most of the new US debt is being “purchased” by the Fed and has been for several years. It is called monetizing your debt and there is not a good ending for it.
The petro dollar has always been the sink to absorb inflation because nations needed to buy US dollars to purchase oil. Now business is also being conducted in rubles, yuan, and soon rupee. They can’t export inflation like they could even a year ago and it is only going to get worse.
Watch Bank of America.
There isn’t one in our state.
The New York Federal Reserve Board of Governors sitting in
the Eccles Building have virtually destroyed the Western
Empire of Fractional Reserve Banking so that they could
save Fannie, Freddie, Sally Mae, AIG, JPMorgan Chase, Goldman Sachs-of-$hit, & Government Sachs-of-$hit, too.
Everybody else can eat cake.
MOU
I always figured an economic collapse was inevitable. This winter the fuel bills should be really interesting for many.
Pssst. The global banking system was never solvent from the day of its inception. It can’t be bankrupt since bankruptcy is just that part of the show where you and I get beat over the head and every last dollar extracted.
International banking is the greatest scam since the Pharaohs convinced the Egyptians they were gods.
The situation is actually a lot worse than what the article states. The fact is the entire bond market is corrupt, and is screwing everyone who has managed 401K or retirement accounts.
This is how it works. Even so called balanced funds, put nearly all the bond portion of the portfolio in corporate bonds, paying basically the same as US short term treasuries, despite having much higher risk.
The reason they do that is because they receive fees from the bond brokers for doing it, even though it is not in the best interest of their clients.
The average so called investment grade corporate bond, is rated BBB, is paying 4.5% and has a maturity of 3 to 5 years. You can get a US Treasury note paying the same interest with a AAa rating, and a 6 mo. maturity giving you liquidity and flexibility, but the fund manager does not get a kickback for investing in them.
Most investors given the choice, would opt for the shorter term higher rated investment, which would mean a lot more money going into Treasuries, and a lot less going into corporate bonds. The result would be even higher interest rates and less liquidity in the corporate sector. This would drive many more banks and corporations into insolvency and debt default.
Now average investors are stupid, but they are not that stupid. Within the next year or two, even the stupid people will figure out it is better to be buying Treasuries than stocks or corporate bonds, and most 401 plans have an option to do that, even if it is within a fund that does it.
The banks are in trouble now, because money is flowing out of banks and into Treasuries and money market funds, and that is only going to get worse going forward. Both banks and corporations are dependent on borrowing and the higher the cost of borrowing goes, the more banks and corporations sink into insolvency.
Make no mistake folks, there is no fixing this one. They have kicked the can into a brick wall, and now it is time for the debtors to pay up. Problem is, most do not have the money to do it.
Good chit mun.
The controlled demolition will become uncontrolled…no matter who or what the controllers think they control.
Madness I tell ya, madness.
No way can you live way beyond your means year after year and expect things to just go on as they were.I just can not believe the fools in Washington do what they do year after year I believe they really are this dumb .Old Snake McCarthy sold us out last week end again. That sob is a slick swamp snake and I hope he gets what he deserves but the RINOs and the communists will save his ass. This country is going to go broke and a lot sooner that the swamp snakes think.
I guess no one saved him.
So, should moar PM’s be purchased?
It seems they’re on sale now.
Commentary: Let’s face it: The GOP is the problem
and don’t forget the global government debt of about $226 TRILLION…. (our world in data)
I don’t understand anyone is concerned. What you do is repay the debt at 50 cents on the dollar ( 2016).
/s
how about just 50 cents?
Interesting…. This has hit the alternative media zeitgeist at the moment. Just started reading it, but mentioned on 2 or 3 podcasts I regularly listen to working hours of each other.
https://thegreattaking.com/
Basically, this guy is saying there is a legal structure already in place that says all stocks, bonds, etc. Owned through brokerage houses can be taken from basically everyone.
Personally, I’m not counting on any of my IRA money to ever be useful to me. This just underscores that thought.
There will come a point where if you don’t hold it, you don’t own it. At that point, unfortunately, finances will matter none at all.
I know better than to immediately blame the internet as often human error can be the reason one cannot get where they want to go. However, right now I’m unable to correspond with an entity that has some of my fiat. Wow, is this “it”? “The system is unavailable at this time”. Yikes!
The Austrian Chancellor has a recommendation: Lap up Pox AmeriKana…
===
https://rmx.news/austria/poor-kids-should-eat-mcdonalds-during-inflation-crisis-suggests-austrian-chancellor/
falcon, you asked about my savings in property tax should Prop 4 pass in Nov. in Texas. I received the 2023 tax statement and it reflects about $115 less for the total tax bill. These be poor yet very fortunate peeps in this house so I refrain from listing appraised values etc. for privacy reasons. The taxable amount on our school, road district and county taxes along with “interest and sinking”, whatever that is, were frozen when applying for over 65 exemption. If I had to pay the taxes without the freeze we could do it but it would hurt the budget big time as appraisals are ridiculous here too. The tax bill reflects the 100k HS exemption on the school portion. I’m of contention I should not be paying for others’ kids schooling. I did so when I had kids in school and as far as I’m concerned legislators should vote to discontinue school taxing for seniors with no kids in the system, say discontinue it at age 65. Sounds “fair” to me. If a senior does have a dependent in the system , a grandchild etc. then they would not be exempt until those dependents have left the system. Imagine pay for what you use, don’t pay for what you don’t use. What a concept!
The killer now is the approximately 20% increase in homeowners and auto insurance. By law liability on auto is required. I don’t want to discontinue the homeowners but somehow the madness has got to stop! All insurance company rates are based on replacement cost. Yikes! To replace this place is more than this ole cowboy ever dreamed. I’ve shopped around for years for a policy that would just pay enough to place a modular home here rather than rebuild on total loss. No one seems to do that and while modular homes are pricy like everything else they don’t compare to the replacement cost. I’d be perfectly happy with a 100k modular should this place be swept away Kansas style like Dorothy’s home.
thanks for the response. You know that I got taxed outta my Texas house…and I now have the luxury of bitching about my 1600 and change property tax in NC. I think that I already reported USAA is offering a 50% increase in home insurance which will be nearly 60% more than my property tax. Nothing is forever, and USAA and me are done, as apparently the most competitive company ain’t so much anymore, at least in our situation.
a minsky moment will not occur naturally or haphazardly. rather “the system” will be brought down deliberately in a controlled fashion advantageous to “them”.
while many believe that china & russia have a very good relationship,it is not really the case —
i cannot get behind the paywall on this site but here is the beginning of an article that will give you the gist of what is going on —
RUSSIAN ARCTIC REGIONS STRENGTHEN BONDS WITH BEIJING
by Paul Goble
Guest Author
Tuesday, 3rd October 2023
[Last week, 9/20, Paul Goble told us about China’s plans to separate the Middle Volga from Russia. We’ve long known about China’s plans to recapture Far Eastern Siberia. Now, as Paul explains this week, China may have plans to control Russia’s entire Arctic.]
Moscow has long declared that China’s role in the development of the Northern Sea Route (NSR) is a central part of their strategic cooperation. Despite this, the Kremlin cannot be entirely comfortable with the recent extent of Beijing’s expanding activities in the Arctic Sea.
Nor can Moscow be at ease with the Chinese government’s increasing ties with Russian regional governments in the Far North and along the coast of the Arctic Sea.
If any country other than China did the same, Moscow almost certainly would denounce such actions as neo-colonialism. If any country other than Russia did so anywhere else in the world, the Russian government would make the same pronouncement.
Given the international sanctions regime, Russia has little choice but to allow China to take these steps. Such actions carry the risk that the Russian-Chinese alliance may begin to collapse, with ever-more Russians concerned that Moscow is losing out to Beijing.
Read more…