Job Market

The World Of DATA Is An Illusion

Posted on by Helena

The Job Market is showing signs of cratering.   Real People – not a Matrix Algorithm – but real people are being laid off in hordes.   The Tech market leading the bandwagon is claiming their layoff reaction is due to ‘inflation’.   The claim is that during the online Pandemic panic tech firms over-hired.   Now they are cleaning slate of superfluous employees, particularly highly qualified ones…   Illogical?   Absolutely.   Yet that is the narrative.

Of the $525 or $700 or $800 billion doled out in PPP Loans, the vast majority of the funds went to the Largest Corporations representing just 5% of businesses.   In other words, the PPP Loans which were created to go to small businesses – didn’t.   Tech companies were some of the biggest beneficiaries.   Revenue took a hit between 2021 vs 2022, yet when compared to 2019 – the spikes were higher by 60%, 80%, and double.

A Subsidy.   A Scam.   What happened to $800 BILLION?

For Example: META’s income between 2019 and 2022 rose 66%.  

Media 2022 – META shares take a 20% DIVE!   Media Jan. 2023 – META shares soar 20%.   As though it was ‘engineered’.   Between 2021 and 2022, Google/Alphabet added 34,000 jobs – an increase of 22%.   Same period – profits tanked.   For both companies, pretax income in 2021 was stellar.   Alphabet’s income in 2021 more than doubled over 2019.   It’s revenue to date has risen over $100 billion.

These are not causes for layoffs.

Where are the layoffs coming from?  

Many of the tech layoffs are from obscure companies located predominantly in New York and California ~ according to tech-crunch.  212,294 in 2023 so far, and 164,709 in 2022.   Shopify declared their layoffs were “due to a need to be more efficient now that the stable economic boom times were over…”   Dropbox claimed that their layoffs are due to slowing growth and ‘investments that are no longer sustainable’.  META claims it is restructuring.   Yahoo also says it is restructuring.

A closer look reveals these companies have been buying back shares since 2019 while incurring debt.

Who benefits from the share buybacks?   The same trio:   BlackRock, Vanguard and State Street.   Fink, Buckley and O’Hanley are the respective CEO’s of these three giants.   They Control and Dictate the market, the price of shares, the buys and sells, the media press releases, the news, etc…

The economy is virtually an illusion.   White House press briefings continually spike false information to dispel notions that America is in a decline.   A monopoly game with fake money.   Because in reality, the West ran out of money long ago and has been peddling the shell game for a decade or more.

Example:   Germany just announced the purchase of 60 Chinook helicopters from Boeing for a price tag of $7.8 billion.   Germany is in the midst of a recession.   To pay for the deficit spending, Germany has announced they will borrow an additional $18+ billion in 2024.   High unemployment, high inflation, packing on more debt, Germany is simply another Matrix of reality.

Does the US even have ‘gold reserves’ or is that another false piece of data?   How Deep Is The MATRIX?

As I noted above there are 3+ accounts on how much PPP loans were distributed.   Different media = different facts.   Facts are created opinions.   Money is allocated – and suddenly it cannot be accounted for.   Ukraine aid?   The infamous Pentagon Paper Caper wherein they had lost $3 trillion before 9-11.   Remember the $1.2 TRILLION infrastructure bill?   It was labeled The Bipartisan Infrastructure and Jobs Act.   Yet bridges are collapsing, trains derailing and jobs are lost.

Where’s The Beef?

The Bill was signed 1 ½ years ago. According to CNN a whopping $2.2 billion had been dispersed over 166 different projects by the end of 2022: A pedestrian bridge in Phoenix. A Snow melting project in New Hampshire.   Renovation of an airport terminal in Boston.   Yet train derailments and bridges falling down have yet to be ‘addressed’.   Why?

The White House decided to use some of the money to create a website map delineating the use of funds with dots showing ‘potential’ funding project locations.   Then the disclaimer;   These maps are illustrative and represent what states project they may use requested funds for. All announcement data represented on these maps, including award and project locations and funding amounts, is preliminary and non-binding. Awards may be contingent on meeting certain requirements.

A downloaded data set revealed the ‘announced funds going to different federal departments’.   It does not reflect ANY disbursements.   The Infrastructure Bill is represented via a ‘four step plan’.    Step one was Biden signing the Bill. Step two – agencies decide how they will review applications.   Which is tantamount to delay.  As of today the WH reveals they are only 1/3 of the way thru Step two… a year and a half later.   WHY?

Because there is NO MONEY.   It is an infinite loop.   Moving money from A to B to C to D to A…

In a world of manufactured Data, the unraveling is always subject to hitting the wall of distractions.   The Infrastructure Bill was a distraction.   A deflection in order to subvert a Fact.   Just as 9-11 was multi faceted to subvert the Pentagon debacle of losing $3 trillion.   Lives are of no consequence in the Agenda given earth is vastly ‘over-populated’…

According to who?   Are there really 8 billion humans?   Who tells us this?   The same people who tell us algorithmic and data lies all day long.   The same people who declare at the end of every statistic that the number is an ‘estimate’.   Remember when the Data experts declared they would no longer count CoVid cases?   They never did count them – Covid data was assimilated by; Wikipedia, NYT, Johns Hopkins, Facebook, Google and various analytics…, including Bill Gates IHME.

The World Of Data IS An Illusion.

US JOBS REPORT: Altered, Manipulated, Fake

Posted on by Helena

The JOBS number Biden is touting as showing how stupendous his economic policies have been?   Fake.   A Survey. An altered Benchmark.  A faulted, defunct means of measuring employment and unemployment that requires continual modification each month as real numbers are released.  

Presented by the Bureau of Labor Statistics, the numbers vary dramatically when compared to the actual payroll audit done monthly by ADP.   ADP’s audit of actual payroll takes a month to compile before it is released which makes more sense.   As a test I looked what ADP reported for December compared to the BLS:   ADP – a loss of 301,000 jobs.   BLS – a gain of 510,000. A discrepancy of 811,000.   Therefore, the 467,000 being surmised by BLS for January is significantly suspicious and could be completely wiped to another revision of -350,000 when ADP releases their report in March.

The Lie accomplished two things:   1)   it purportedly made Biden look good,   2)   Gave the bludgeoned tech stock market a Lift!

According to ADP’s Report for December released February 3rd, the biggest losses were from among small businesses. Even Christmas couldn’t hold them together.The other discrepancy is bankruptcies.   In 2020, President Trump introduced the Bankruptcy protection Act for any business owing less than $2.7 million.   Biden increased that limit 280% to $7.5 million thereby reducing the number of bankruptcies and employment losses.

A NUMBERS GAME>  Making Statistical Comparisons Worthless<

BLS claims Biden “added 6.4 million jobs in 2021, empowering workers to secure higher wages”!   The BLS closes their report with a demand that all workers get vaccinated while promoting frequent testing, masks, etc…

Of course the misnomer in the terminology WordPlay “added” is strikingly false.   Jobs aren’t ‘added’ when people go back to work – in addition, employers have shuttered for lack of workers.  It is is similar to the means used to redact and add voters on the Machines used in the 2020 election.  The numbers are Worthless.

Apparently there is nothing sacred from their Lies and Propaganda – we are truly living in communist China.   While our government is living in Sweden where there was no lockdown.

BLS measures payroll by conducting a “Household Survey” .   Anything below 150,000 is cause for concern, negative numbers send ALARMS ~ according to BLS.  The Census Bureau provides the names of households to survey – numbering 60,000 – with the intent they are a composite demographic of the entire population.   Of the households, 75% of the sample remains the same from month to month and 50% remains the same year to year.   The computerized survey is then weighted for ‘independent population estimates’ and those realigned numbers are fed into an algorithm and spit out for public consumption!

Voila!

These numbers determine employed vs unemployed so as to define new/added jobs.   The US labor force is roughly 170 million – the Survey would represent .00058 of the actual labor market. Given the vast discrepancy for December numbers via ADP vs BLS, I would suggest their methodology is corrupted.

TO add to the fallacy, BLS has announced they changed the benchmark for how they measure the job market and have begun to modify the entire 2021 year to accommodate that manipulation/alteration.   Increasing November by about 400,000 a 200% increase.

When asked about the altered Benchmark, the Labor Secretary deflected by hailing the BLS as the ‘gold standard’… of blah.   But Economists have stated that this manipulation will give the Federal Reserve the impetus to ‘double’ the first rate hike from .25 basis points to .5 basis points which will bring equity shares crashing to a halt.

It would appear that the Benchmark was recalculated based on changing the total labor force from 170 million to 146 million ‘based on deaths’.   That would equate to 24 million people in the labor force who died or were permanently disabled.   In addition, they revised the algorithm to include an estimate of those employees exempt from Unemployment Insurance claiming this data has ‘lagged for two years’.

As a result of this Altered Benchmark, the largest Revision (a negative 489,000) affects the Trump year 2019 which is likely going to be used as a setup for data arguments in the 2024 Election.

Our politicized government is truly a theatre.   Where everyone pretends to be someone else, everything is something else, and the props continually collapse.

IMF: Debt Reduction Thru Higher Interest Rates

Posted on by Helena

IMF:     “Public debt now accounts for almost 40 percent of total global debt, the highest share since the mid-1960s. The accumulation of public debt since 2007 is largely attributable to the two major economic crises governments have faced—first the global financial crisis, and then the COVID-19 pandemic.”

Providing a graph to depict and substantiate this claim, the IMF literally made up the causal factors.

According to their graphic (an estimate per their footnotes), from 1970 to 2007, before the global financial crisis, before the pandemic, public debt doubled.    Nonfinancial Corporate Debt doubled from 1970 to 2020 – before the pandemic. The Public debt held by the US is on par with the debts illustrated as being from advanced economies.   According to the IMF the increased debt was justified as governments sought to par the catastrophic consequences of ‘their own lockdowns’.   Okay – the IMF didn’t exactly put it that way.   Instead they denoted the necessity to ‘save peoples lives, avoid bankruptcies and save jobs’… as justified actions.

But the point remains.   The Pandemic was used as the catalyst to increase debt beyond sustainability.

The IMF again relays inconsistent information by claiming that ‘central banks were instrumental in keeping inflation at bay during the pandemic by consistently lowering interest rates so governments could unabashedly borrow limitlessly.   But again, according to their own graphic interest rates had tanked in 2019 – well before the Great Pandemic.

Central Banks are now poised to reduce large purchases of government debt and other assets in advanced economies. The effect of this reduction is to reduce the supply of money in the economy increasing interest rates and the ability to borrow.

In contrast, some economists are calling for the outright ‘cancellation’ of the debt.   Shifting debt from the Fed to the Fed’s banks is a zero monetary transaction.   The argument the economists provide is that the debt is ‘fiat money’ existing only from an accounting standpoint. Like transferring money from your checking to your savings – you still have the same amount of money.

Cancelling the debt would have the result of cancelling the circular interest.   However, the logic is that cancelling the debt means the feds have no way to lower inflation which is attached to selling bonds to the public. Selling new bonds would likely require an increased interest attachment to make them attractive which would push inflation higher.

The entire monetary policy concept created by the Federal Reserve assures us of two things:   1. The continued degradation of the value of $1, and 2.   The ever increasing worthlessness of money due to insurmountable debt.

At which point paper money will be burned for heating fuel.

At this point Today the IMF is recommending a tightening monetary policy greenlighting the raising of interest by the Federal Reserve. Mortgage rates have already begun to climb in anticipation since the end of November.

And just like that, Morgan Stanley is calling for the Fed to raise interest rates to bring a ‘balanced economy’. Acknowledging that the move will result in a stagnated economy, CEO Gorman has declared that the move will be completed by the end of March and equities will flatten as cheap money disappears.

Spiked by the wage raises, Gorman has declared the Fed should start moving today given any waiting will make the move that much more difficult for sustainability.   Falling in-step with their banking handlers, the Fed announced 3 hikes will begin in 2022, with a further 3 in 2023. Citing a robust job market and a reduced unemployment rate, Gerome Powell has announced he will comply with the banker’s demands.

The available jobs has hit a near high at over 11 million while unemployment stands at 4.5%.   But unemployment does not reflect those vast millions who simply left the employment field.   Within those numbers are some fine print:   the number of working hours per week is 34.8, and nonfarm payrolls are less than half what they were previously.   The problem is unusual.   People reaching the age of 55 are retiring early, and the youth market is flat because millennials all believe they deserve more and better. Sounds like a mantra they learned somewhere….   Socialist schools maybe.

The Federal minimum wage remains at $7.25 per hour.   Yet retail and hospitality rates start at $15 – and can’t find an able body.   Of course there are the mask and vaccine mandates playing havoc as well with industries.   Many companies are making the mandates citing Biden’s Executive Order for companies which have more than 100 employees.   Problem.   Biden’s EO mandate was tabled by the Court. It doesn’t exist.  Which could up the ante for more class action lawsuits…

MARKET – Choppy.