Government debt

Doug Casey – Investors – Bankers; Profits Good/Tariffs Bad

Posted on by Helena

Doug Casey; a self-described anarcho-capitalist atheist from an uber wealthy family whose law degree from Catholic University (or Georgetown – various different reports), worked in ‘department store analysis’, all of which somehow gives him expertise in Economics and Finance, is quite visibly denigrating President Trump as a liar and estranged from reality.    Calling for a 1929 Depression.  His views have been prominently displayed across major media – why?

He has ego – and he has money.

Tariffs directly impact the most wealthy simply because they spend on extravagances.  Whereas, federal taxes can be manipulated with offshores and write-offs.   The point of the Tariffs was to leverage the elimination of federal taxes – as espoused by the Libertarian, Heritage Institute.  For some reason, Casey’s Libertarianism is defined differently.

The Casey Solution to Government Debt:  “ make chainsaw-like cuts to entitlements, national defense, and welfare while reducing the national debt to lower the interest cost.”  Reducing the debt means making payments.  With a One Trillion interest liability per year, where are those ‘payments’ going to come from?    

Casey promotes the actions of “Libertarian” Milei arguing Argentina instituted reforms in their government that have caused low property values, a mining boom, and the collapse of ‘certain regions’ which gives the moneymen a chance to make more money.  What Casey FAILS to note is that Argentina’s poverty rate is now 57.4%.  Food lines cannot meet demand.  And the middle class is completely lost.  Yet  somehow, Casey feels this is the best parallel for America to follow.   

In other words, Casey sees Argentina’s absolute spiral into hell as a means for him to make money and this is how he views America.  I seriously doubt that a 60% poverty rate in America would be met with Hallelujah’s!   

The median salary in Argentina is $370 per month ($4440 per year) – poverty wage is $272 per month.  The bank interest rate is 31.81%.  The cost of a home is between $40,000 and $600,000.   Obviously home ownership is nonexistent.  To live comfortably in Argentina, a foreigner would need $2425 per month – yet the average Argentinian only makes $370 per month.   Casey owns a wine and residential sporting estate project called Estancia de Cafayate in Salta Province, Argentina.

La Estancia de Cafayate is a 550-hectare (1360 acre) secluded wine and residential sporting estate that includes Vineyards, Golf, Polo, Spa, Gourmet Restaurant, Luxury Hotel and horses.  Cost to build:  $863 Million.  The homes run in the range of half a million – NOT for the peasants.

Full Disclosure.

This is Casey’s success story!  Self-adulation.

But it reveals where his allegiance lies – investing for himself to make more money on the backs of those in poverty.  Speaking of which, bank profits are coming in with stellar reviews given the high interest rates that have impacted the little people.   JP Morgan beat the earnings per share crystal ball by nearly 10%.   Bank of America by 7%, while the Bankers all foretold of earnings collapse under the Trump Tariff plan.  WHY?   Bankers stand to lose under a lower dollar.  Why?  Because tariffs by default hit Wall Street while helping US businesses extend exports as the dollar falls.  A form of wealth redistribution to the local economy – away from the 10% that own Wall Street.  Project 2025, written by Libertarians explains how the tariff imbalance has impacted US exports and specifically farmers, ranchers, manufacturers and workers.   Who it does NOT mention are “Bankers”.

Last year Jamie Dimon of JP Morgan coughed up a $39 million compensation package.  $37 million of the package was in the category of ‘performance bonus’ given the bank’s profits were up massively as the peasants suffered under inflation and interest rates.  The average credit-card rate is now 20-25% with the highest coming in at a whopping 40%!   Tariffs discourage borrowing and thus, discourage bank profits at USURY.  Usury being tied to every major expelling of Jews historically.

Banks and Bankers are not here to help the 90%, they are here to make money for the 10% – so when they scream at Trump’s tariffs it is because they know it will hurt ‘them ‘.

US Government Debt & Spending Run By Lawyers; SCRAPE

Posted on by Helena

Media Pundits are calling for an audit of the Federal Government.   As a former CPA, I can assure you that at this point, such a brainstorm is laughable.  By the time an audit was finished in 2035 It would have no value.   The government isn’t even sure how many agencies and subagencies it operates and funds – much less how much is spent.   The Pentagon lost $3 trillion before 9-11.   USAID gives away money like Skittles.   And the flow of government NGO funding is thru a maize of offshore entities, foreign entities, and more anonymous middlemen than a New York Times article!

Yet somehow, our esteemed liberal loonies have claimed to track down $5.6 million that was paid to Trump hotels for conventions, parties, and vacations that is deemed ‘foreign interference’’.   The deflection from Joe and Hunter Biden’s escapades and their mélange of friends, family and associate Big Guy partnerships – is lame duck.   None of which will make it to a DOJ court before the 2024 election.

  1. Hunter did not declare the ‘income’, the investments, or Joey’s involvement. He filed false tax returns, lied in alimony court, and funneled untaxable money to family members illegally.  By contrast, Trump’s legitimate hotel businesses simply made money and reported it correctly.
  2. The Biden’s were taking money for pay-for-play bribes, as opposed to legitimate business dealings. The SPIN is Trump’s ‘greed’.

Yet, still the focus is on a few million while the Pentagon manufactures fake books, maintains black books, upholds cash bribes, and funds mercenaries while trying to claim it is all miscellaneous expenses in order to balance the Balance Sheet.   Which is NOT within the limits of Accounting regulations.  It would take another 10 years for an Economic Major DOJ to figure out what the audit meant and another 10 years to figure out what to do!!!

The only way to Balance The Pentagon budget would be to wipe it clean and start from scratch.   Fire 70% of the administrative employees and hire some brainiacs to monitor expenditures.   Not just of The Pentagon but of every agency.   Financials would be due by February 28th and subject to penalties, interest and possible jail for deviations.  No funding until the books are uncooked.

The fact that government has been allowed to skate the same requirements imposed on those taxpayers funding them, is beginning to find sure footing by The People.  

As Haley’s popularity fails among anyone other than democrats and rhino’s, Obama is looking to call it a fold for Biden sometime in May so as to insert Big Mike.   Such a move would solidify the anti-white genocide and ramp it into hypersonic mode.  It would also drive the US significantly closer to a civil war.   All of which is designed to RESET the $40 trillion in debt that the US can never reduce or pay!  But would ALSO destroy the accumulated wealth of the elite as their properties would be targeted.

Just in time, the GDP rate has been released by the White House which claims the US rose at a level 3.3% rate for 2023.   Yeahhhhh.    Apparently, GDP rose 5% in Q1, 3.7% in Q2, and 2% in Q3 & Q4.   There are two drivers affecting GDP;   government spending and government spending.   Personal ‘spending’ was hiked by price increases and inflation.  Exports were virtually flat.   Employment continues to be inflated by BLS to the tune of 30% to 60% compared to Automatic Data Processing.   But no one seems to notice or care – because the government would never ever lie – pinky swear.

Listening to media entertainer pundits crying for a federal audit would be like giving a bunch of lawyers the power to run Congress.  Oh wait.  And Nikki Haley’s degree in Accounting ain’t gonna cut it, anymore than 3 semesters of Law makes me a lawyer.  I digress.

The Budget Deficit for 2023 was anywhere between $1.5 trillion and $2.6 trillion – according to who is doing the common core math.   They Are NOT SURE!    Receipts for 2023 were $4.4 trillion.  In a corporate world that would mean the Net Loss was between 34% and 59% of revenue.   Would you invest in that company?   Japan and China continue to hold the largest percentage of US Debt at 25%, However, China has been steadily selling off US Treasuries due to their increasing insecurity.

The value of US Dollars fluctuates with trade.   Thus Treasuries somewhat parallel the value status.   All are pegged to the perception of an Empire.   As sanctions and wars and instability continue to reign, countries decouple from the US dollar based on economic uncertainty. and sell off Treasuries.

In 1944, the same FDR Reign of economic destruction called The New Deal initiated the Bretton Woods Agreement No Agreement wherein the US dollar was pegged as the world’s reserve currency – by the US government.  As a direct result, the amount of US dollars in circulation rose from roughly $5 billion in 1940 to roughly $30 billion in 1950 – an increase of 600%.  How?  Printing Money.  Today, that printed money amounts to $2.34 trillion.

Raising interest rates does not reduce the amount of currency in circulation – it simply slows the increase of NEW currency.   A stagflation.

The 2023 Federal Reserve Financial Statements (unaudited) show unrealized losses of $800 billion Treasury Securities, and $510 billion in commercial and residential properties.   The entire Balance Sheet of the Federal Reserve is based primarily on issued securities, ie T-Bills, bonds, Mortgage backed securities, etc.   If the market tanks, if the dollar falls, the Federal Reserve valuations and solvency tank.    Yet the debt remains.

To deflect from the absolute gross mismanagement of US Taxpayer’s money, the only respite is a do-over via a digital currency.   An allusion of valueless money.   But this solution is the only way they know to bury the $40 trillion debt.   Because US Taxpayers are on the hook for a whopping 75%  – only 25% of US debt is now foreign owned.

But somehow, an audit will solve this in the minion minds of ‘lawyers’.  Or a Flat Tax, another non-solution that has been attempted and tabled for at least 60 years.  The Pentagon’s solution was to blow up the evidence via the Twin Towers.  And POOF – $3.4 trillion was never discussed again.

This is what happens when lawyers with zero business acumen think they can run a country store – much less a state or country.   These are the stalwarts of the WEF and WH shadows that want to run the GLOBE –  They can’t even run a farking candy machine of skittles and make a profit.

SCRRRAAPPPEEE.   Congress, the system, and start over.   The ONLY way means – they all get ‘fired’.   It means ramping up TRADE by eliminating sanctions and ending all wars tomorrow.   It means confiscating the wealth earned to create the debt.   It means no more lawyers in Congress.   It means scrapping pensions in government with the exception of the Military.  It means Generals have to earn MBA’s.  And of course, it means no aid, grants, or charity to anyone.   SCRAPE!    

The Silent Depression: Unraveling Economic Illusions

Posted on by Helena

THE SILENT DEPRESSION:   No one wants to say it out loud for fear the realization will cause anxiety and chaos and the shuttering of the Biden Regime’s illusion.. The illusion must be maintained at all costs. Algorithm disparities are ignored.   ADP Payroll claims new private jobs for September were 82,000, while the Federal Labor Board claims 336,000 – a discrepancy of over 300%!   The unemployment rate is a similar catastrophe.   But the pretense is collapsing and the Silent Depression is the Result.

During The Great Depression, the ‘average annual salary’ was $1500 -$1800.   A car cost $300-$575, a house cost $3900 down from a high of roughly $7000 in 1929.   From a simple mathematical view, a house cost 260% of a household salary at the height of the Depression.

The median household income in Denver County, Colorado for the Gen Z’ers aged 25-44 is roughly $87,239 – take home pay after taxes is $64,600.   The average cost for a home is $649,000 or 745% of annual Gross Income a 7.5:1 ratio

The cost of living in Colorado for a single person is now considered to be $53,374 – with rent accounting for the greatest cost – $24,000 to $30,000 per year.   The average monthly car payment is $716 or $8600 rounded.   Groceries are $7000.   But affording to buy a home at a price point of $649,000 with mortgage rates hitting 8%?   Including Taxes and Insurance – the monthly cost in Denver is $4680, annual $56,160, with a downpayment of $130,000 cash.    Obviously, the cost of living does not include – ownership.

Pricing people out of purchasing homes across the country means the housing market comes to a standstill, because the vast majority of occupied homes were bought when interest rates were just 2.5% and values were $550,000.

The largest differential in the comparison of today vs The Great Depression is that prices across the board tanked upwards of 60%, including the basics, food, housing, gas, and cars.   Today, prices continue to rise superficially. And as a result, people are getting pushed into insurmountable debt.

The fact that housing and material goods have far outpaced salaries has nothing to do with the mantra of supply & demand. There is no shortage of houses.   In Denver, the vacancy rate for apartments is 5.6%.   There are roughly 3500 homes for sale with buyers sitting on the sideline and sellers coveting what they have.

The illusion that all is well with the economy is to keep people overspending.   As long as people are led to believe everything is good despite 25% – 50% inflation, the hypnosis belies reality and people continue to spend themselves into debt.   Don’t worry – Be Happy!

It is the exact same mantra employed by the Federal Government in their own spending spree!   With debt now standing at a whopping $33 Trillion – 123% of GDP – monthly interest rate 2.92% = which results in a NET Payment of $745 billion in 2024.   All of which hinges on The Federal Reserve.   The same Federal Reserve tasked with balancing the budget and maintaining a noninflationary economy… The same Federal Reserve that has reduced the purchasing power of a dollar to just 4 cents since their inception in 1913.

The same Federal Reserve that gave us The Great Depression and should have been dissolved on the spot for gross mismanagement.   And the same Federal Reserve that supports The Great RESET to cover for their massive Ponzi Scheme that has broken the back of the US economy.

Put in smaller numbers;   imagine only ever paying the interest on your credit card while continuing to spend more on your credit card and never paying the principal?   Your entire lifetime times 3 generations.

In essence, the Federal Reserve redistributed that 96 cents on the dollar to them self, which is how the elite of today were created and the income discrepancy became so vast and the power became more collectively communist.   In Bolshevik USSR this led to famine, particularly among urban dwellers who produced nothing.

The only means for this disparity to not occur would be for every aspect of the economy to move at the exact same rate increase, or not move at all.  

Never going to happen under ANY form of government.  Because, government by its very definition is a power vacuum built on greed. Leading to boom-bust societies and civilizations.

The concept of the RESET or Omidyar’s Five Pillars or Protocols of Value, are utopian on paper and fail to take into account the sloth of greed which corrupts every society from societies beginnings.   Certainly abolishing the military industrial complex would mean that the efforts to build rather than destroy could be harnessed to focus on prosperity.   But prosperity means income inequality. Always has – always will.

The price of gold since 1930 has risen roughly 6,300%.   But the price of a house has risen 21,667% over the same time frame.   FDR artificially levied a fixed price on gold at $35 per ounce where it flexed to $45 until 1971 when all hell broke loose.   At this point, the dollar was clearly becoming worthless and commodities became the only means of preserving some wealth at all.

In 1960, the average wage was $5300 and the average home could still be bought for $11,900 – a ratio of 2:1. The upward trajectory of price increases in housing took off in a complete vertical linear by 1971 with Nixon unleashing the gold index from the dollar, and the dollars value spiraled precipitously downward.  And Commodities ROSE.

As a direct result, home ownership in the US has dropped from a high ratio of 68% in 1960 to 43% in 2023 with 3 million Americans facing the potential of losing their home today.

If wages had followed the same 2:1 linear, a person in Denver, Colorado should have a salary of $325,000 just to be on par with values in 1930 or 1960, ie no wealth increase/accumulation.

All in All, the economy is in fact far worse today than during The Great Depression. Suppressing reality does not change reality.   Creating fake manufactured statistics via artificial algorithms does not comply with reality and perpetuates the illusion.  So YES We Are experiencing a Massive Silent Depression!

And the government, Bankers, and Elite are desperate to hide that factoid because it would disclose the soddy, negligent, corruption perpetrated on Americans by The Federal Reserve and every esteemed government since which did NOTHING to alter this ‘unsustainable’ trajectory.

GLOBAL DEBT is Unraveling Global Sustainability

Posted on by Helena

Global debt is unraveling.   With the help of Brandon, the US is now well over 130% of GDP.   The EU is running collectively at just over 100% with five countries between 100% and 200%.   And the money machine continues to crank out paper that has no value.   And yet, the US Congressional pundits think now is a good time to forgive ALL education debt with is approaching $4 trillion.   Ukraine was well into the hole of debt with a Comedic President who had absolutely no idea how to run a country, much less his own meager finances – and became a sovereign debt defaulter.

The debt to GDP ratio jumped from it’s normal range to 82% in Obama’s first years as president and has increased every single year since.

And suddenly, Biden signs an EO advocating the research for global cryptocurrency.   WHY? Because the governments know full well, that the RESET fundamentally requires that all outstanding debt has to be extinguished in order to start anew.   All treasuries, all bonds, would RESET to $-0-.  And Control of the form of Money translates to the control of who is allowed to buy what.   A form of rationing.

CHA-CHING!

There is no scarcity of resources. There is oil a plenty, there is bountiful wheat, gold, diamonds, cows, vegetables and fruit. There would even be plentiful God given rainfall if ALL countries actually managed this resource. In the US that would be California where droughts and floods are a typical surge between el Nino and la Nina.   Despite this knowledge, California, an agriculture haven, does absolutely nothing year over year.

The real reason for depopulation is simply because the elites don’t want to ‘share’. Anything. They believe that only they are ‘worthy’ of this planet.   And the riff-raff must be excluded.

Years ago, Aspen Colorado, an elite junkyard, announced they were raising their ski rates – triple – in order to keep out the ‘riff-raff’.   They didn’t want to share the mountain with anyone who had a net worth below their leanest millionaire.   That lasted all of two years before the mountain realized few came.

As we approach the installation of the World Economic Forum’s Great RESET, governments and politicians are scrambling to make as much money as possible so they won’t be considered the ‘riff-raff’ and lose their seat in the NWO pyramid.   They have shown us that they will murder millions of citizens in order to achieve that coveted seat for eternity.  And they know if they don’t achieve the necessary wealth, they will be relegated to either extinction or peasant status.

The plague of money owns them.

Inflation is supposed to be based on ‘supply & demand’, theoretically.   But it isn’t any longer. It is as manipulated as was the election, Covid, the media and coups.   The supply chain crisis was also a created vassal of illusion.

There are 331,500,000 people in the US with a 2.63 count per housing unit,  That would equate to a need of 126,500,000 needed housing units.   According to Statista there are over 140 million housing units.   There is no shortage – there is a surplus of roughly 11%.

The US office vacancy rate stands at 12.5% to 15%.   We don’t need more offices.   Turn the offices into unneeded housing units…

But the concept that everything is a “crisis” is the chaos card played over and over like a record on an old worn out gramophone.   To hide the fact that reality would be just fine – without 95% of federal government, without 95% of local politicians, without CIA proxy media, and without a federal reserve. They have no real purpose – they are unessential. One sheriff, one mayor per town, to report to one governor.

The Department of Transportation employs 55,000 people.   The number of employees of the CIA is ‘classified’ but ‘estimated to be over 22,000’ – locally – meaning agents stationed across the globe are not in that count.   The FBI – ‘approximates 35,000’ – no one seems to know for sure. And still our government hires mercenaries to do what the CIA and FBI are disallowed from doing – although paid from the same coffer – US Taxpayers.

According to our esteemed Economists and Financial Advisors, the advantages of having government debt are:

  • Increased international trade.
  • More companies operating globally rather than nationally.
  • High level of dependence between countries/economies.
  • Freer movement of capital, goods, services and people.

ALL of these ‘advantages’ have proven to be our chaos. Why?   Global MASS corruption.

When the Handlers that run the US demanded that ALL countries sanction Russia and threatened to sanction any country that didn’t – many balked angrily.   Because the demand usurped their power completely and would make them subject to the World Economic Forum’s Reign wherein Committee’s will become the NWO adopted form of government.

What we don’t realize is that WEF ideology has already been dropped and adopted. We keep asking why our US government is doing nothing – Congress drinking umbrella Maitai’s while US citizens are screaming for help when there is no one in the forest to hear.

ALL these government employees do – literally nothing. The Committee took complete control when Brandon was installed. The governments which have been gobbled have no power, they read scripts like a Hollywood actor. And the holdouts are thus – The Enemy.

Current US Dabblings:   There are ten to eleven ongoing conflict/wars that the US has it’s benevolent hand in today: Ukraine, Persian Gulf, Yemen, Syria, Iraq, Somalia, Pakhtunkhwa, Horn of Africa, Maghreb, Sudan and technically Afghanistan.

Why are there no sanctions against the US? Why are US citizens crying desperately over Ukraine – but nary a tear is shed for these other countries? Dead children.   Devastated infrastructure.

Pundits continue to decry that Russia only has 2-3 friends and the rest of the GLOBE are against the Stag – Putin.  

Of all 12 South American countries – two managed to pinker up:   Chile said it would follow the UN sanctions and Argentina said – cease military actions. Not exactly Note Worthy condemnations.   So no Russia has NOT isolated itself from the world – they have simply taken a stand in defiance of the Mafia Committee along with roughly half the globe, including super power China.

And a massive shift is about to take place which derails the Committee at large! These are the STAG Governments.   Not the cowards that inhabit offices throughout the US, UK and ‘most’ of Europe. IF in fact The Committee was so ever assured of their agenda – why do they cower behind children?   Women?   Men of honor?

Apple Infusing $350 billion into US

Posted on by Helena

…Apple has announced that as a result o Trump’s new tax law they will repatriate $350 billion into the US economy over the next 5 years, $38 billion in repatriated taxes! In addition, their move will create 20,000 new jobs in the US!

Bada-BING!

Shouldn’t this be headline news?   Trump’s tax plan is already saving billions! But then Trump would have to be credited – and the media just can’t seem to work up the courage to say anything ‘nice’.

This is the first of many more to come given the most assertive tax reform in decades. This could be the beginning of a wave as others see the advantages. Those with the highest amount of cash overseas include; GE, Microsoft, Pfizer, Merck, Google Medtronic and Abbott Labs. It is estimated that $1.4 trillion in corporate cash is being held in various overseas accounts subject to a one time offer of 15.5% tax rate. That would amount to a cash infusion of $217 billion not including the associated jobs, and payroll tax revenue, not does it take into account the additional profits subject on an annual basis to the new corporate rate of 21%.

It is proof positive that Trump’s plan is a success and could have a ‘Yuge’ positive impact on the US economy while simultaneously negatively effecting those economies where the havens currently exist; Switzerland, Cayman Islands, Bermuda, Ireland, Puerto Rico, and The Netherlands.

Another possible loophole that could trickle down and up again would include all the individuals, as in the Panama Paper Caper, who may decide to capitalize on the windfall and incorporate in order to bring their money back as well via the 15.5% rate.

Within this revolution of cash infusion there is a hidden danger. As the money flows and the economy is bumped, the Federal Reserve is likely to start increasing the interest rate which will ultimately put a bit of a squeeze on equity stocks given their profits have not kept pace with their market prices. However, in the short term, profits will feel the pace of business through lower tax rates and greater infusion of money in the economy.

A balance could shift toward larger cap stocks as they will see the greatest benefit and feel the least pain.

There is also the trigger of interest rates on federal debt which were cut in half during the Obama term. If those rates go back t normal, the government’s interest spending could easily double unless debt is paid down.   Trump’s fault? Hardly. Simply a mechanism he inherited.

But playing the swings could be a bit dicey if you don’t understand all the inherent dominoes being deployed.

In the meantime, the Liberal media will have to do some double talking, fast talking, hype in order to somehow convey how all this money infusion isn’t really a result of Trump’s Tax Reform, but something completely anti-Trump.

Add to the Liberal negative news that the economy is roaring, unemployment is low, black employment is at an all time high, and the Ozone hole is actually shrinking all by it’s lonely self, and the world seems to have gone from doomsday Revelation to a Halleluiah scenario.

Just sayin’…