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  • in reply to: Debt Rattle May 13 2025 #187979
    WES
    Participant

    tdk:

    In that case, Larry Fink could be taken out for a few dollars!

    in reply to: Debt Rattle May 13 2025 #187975
    WES
    Participant

    Missing $21 Trillions:

    So $21 trillion has been pissed down an underground hole called “Continuity of Government”!

    The thought is that this would allow the elites to survive a nuclear war.

    Well today, a few billion in missiles would turn all of these $21 trillion dollar underground bases, bunkers, tunnels, and cities into instant graves!

    The return on investment, sort of equals the current practice of using multi million dollar missiles to shoot down unlimited numbers of thousand dollar drones!

    What were these morons thinking?

    Wouldn’t it be so much cheaper and safer, to just not start any wars in the first place?

    in reply to: Debt Rattle May 12 2025 #187940
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    Participant

    Burying US Taxpayer Money Underground:

    Whomever in the US gov/military/ CIA that dreamed up these stupid underground tunnels and cities is truly a stupid moron!

    Today’s military missile technology makes all of these underground facilities 100% death traps!

    One would be much safer just hiding in a bunker near the surface far from any military important targets.

    Like South America or Africa, that doesn’t have a US military base.

    We all noticed Russia buried a non-explosive warhead deep into a certain place in Ukraine that we are not allowed to know about, that collapsed everything underground.

    Fools – the lot of them!

    in reply to: Debt Rattle May 10 2025 #187809
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    Dr. D:

    I see that some folks just can’t quite catch onto the nuisance of Americans hanging their dirty laundry out for everyone to see.
    This Canadian does, so please carry on as before!

    Trump:

    I have noticed a certain pattern of operation, by President Trump, concerning the other 3 legs of the US government, Congress, courts, and Deep State, which he has little to no control over.

    Since he can’t stop them, he let’s them run wild the way they want, moar war, for example.
    This applies to Ukraine, Israel, Yemen, and Iran.

    Trump knnows they will run like a herd, and herds tend to think stupid, after running for a while.
    Their short sightedness them become glaringly obvious to most observers.

    While the herd runs wild, Trump then quietly tries to change the background, so the herd looks increasingly out of touch with the situation.
    So when Trumpm finally applies the choke chain, stupidity has already lead the herd to jump off the cliff, to their deserved Willie E. Coyote moment.
    By then ev,eryone can plainly see the stupidity of the herd.

    Deep State and Israeli herd stupidity demanded moar war in the Middle East, so Trump let them bomb Yemen like never before.
    It didn’t work this time, just as Trump knew it wouldn’t!
    Now Trump can say to these herd stupids, see I did exactly what you wanted to do, and it failed miserably, and everyone knows you failed, and you own it 100%, so shut up!

    Trump is simply letting the herd stupids, publically embarrasse themselves, by failng, so everyone can see their way is totally lacks common sense.
    Sadly failure is the only way to stop herd stupidity.
    Sometimes stupidity fails quickly, like Yemen, but Ukraine stupidity is taking much longer to play itself out, and fail.
    But fail it will.

    Bombing Iran herd stupidity, played out beautifully live on TV, by Trump, with Mr. Bomb Iran squirming in his seat, as Trump sprung the trap!
    What a nice way to set Bibi’s bounderies!

    in reply to: Debt Rattle May 6 2025 #187487
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    Participant

    Martin Armstrong:

    I hope most people take Martin Armstrong as interesting entertainment.
    He has a rather checkered past, as a conman.

    Martin Armstrong says this is what his computer he names “Socrates” is telling him, is going to happen.
    Substitute a fortune teller with a cyrtal ball.
    Martin Armstrong’s Socrates computer probably only resides in his head.

    Both have plausible deniability strawmen to point to, if they are wrong, a computer or a crystal ball.

    in reply to: Debt Rattle May 5 2025 #187401
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    Crony Capitalist:

    If you and I could freely operate as a crony capitalist for 50 years, like Warren Buffet did, we too could also be multi – billionaires.
    Warren Buffet’s success meant millions of Americans had to became poorer to support Warren in the style he became accustomed to.

    Yemen:

    The west still hasn’t figured out how to defeat a bunch of goat herders, wearing stealth sandals.
    Having temporarily suppressed 2 of 3 Iranian proxies, Helibos and Hamas, they are now trying to suppress the third proxy, the Houthis.
    But how do you differentiate between an ordinary goat and an AI goat looking robot, making drones and missiles?

    in reply to: Debt Rattle May 4 2025 #187369
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    Aspnaz:

    I did check neutral to ground in my panel, and there was continuity.

    The problem was there is a break in Hydro’s neutral cable to my house.

    So my panel’s neutral being tied to ground is irrelevant, except to tell me that the problem wasn’t coming from my house but from Hydro.

    If the problem was inside of my house, then I would have owned the problem!

    At least now my 2 women aren’t nagging the hell out of me, wondering when I was going to fix the problem!

    in reply to: Debt Rattle May 4 2025 #187366
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    Off Topic – Surviving A Lost/Floating 240vac Neutral:

    Earlier this week, we noticed some house lights were flickering very badly, while other lights seemed fine.

    So, I started investigation the cause of this new mystery with my 45 year old electronic Flute meter.

    What I found was one leg of the 240vac bus L1, would read 118vac to neutral, but if a hair blower was turned on the voltage would drop to 102vac, while the other leg of the 240vac bus L2, would rise to 136vac to neutral. (I saw even bigger voltage fluctuations!)

    That 102vac plus 136vac roughly equals 240vac, meant the neutral wasn’t tied to ground and was floating, depending upon load impedance.

    I then checked every house circuit, one by one, by removing it’s fuse, to see if any house wiring was the problem. Nyet! Good!
    Then I removed the 2 face covers from my fuse/breaker panel inspecting for any signs of trouble, like corrosion or black arcing, etc. Nyet! Good!

    So, the good news was, I wasn’t the source of the problem!

    So I called Hydro!
    Yeah!
    They came, 9 pm at night.
    They isolated the neutral aluminum wire at the power meter/transformer and meggered the neutral cable determining that there was a problem with the cable, likely a break/corrosion.

    They then fixed me up with what they called a “power saver” so we could have power.
    This power saver has a short cable attached to a round plastic fitting, that fits in between the power meter and the power meter box. This short cable attaches to a wheeled rectangular metal box with a fan.

    Next week Hydro will come back and find the problem section of the neutral cable, dig a hole and fix it.

    This is the first time I have ever lost a neutral to a house.
    The first warning sign you will see are some house lights flickering like crazy, while other house lights seem normal.

    Theoretically losing a 240vac neutral, depending upon the impedance the spilt phase 240vac sees, one could potentially see up to 240vac on 120vac house circuits.
    This high voltage could damage plugged in things in your house and create a potential fire hazzard.
    So,) not something to just ignore!

    A new experience, I hope you never get to experience!

    in reply to: Debt Rattle May 4 2025 #187363
    WES
    Participant

    Off Topic – Cmanadian Margarine:

    A few months ago, after some TAE discussions on how bad seed oils used in margarine was for one’s health, I started buying olive oil margarine.

    Or, so I thought.

    Later, after my daughter read the “fine print” (which I can no longer read) margarine ingredients list, I discovered the Becal brand only contained 4% olive oil and Walmart’s Great Value brand contained 10% olive oil.

    I guess that is enough olive oil for them to say on the label “made with olive oil”!

    So, in total disguise, I have simply switch to butter.
    I prefer the taste of butter anyway.

    But that wasn’t the end of my butter education!
    Oh, no!

    My daughter wanted to buy me a porcelain butter dish.
    Like Mom and Grandmother always used, when I was a kid.

    Well did you know that here in Canada, butter comes mainly in 1 pound size, so you need to buy a 1 pound size butter dish!
    These 1 pound butter dishes are not that common on Amazon.

    What Amazon mostly sells are 1/4 pound size butter dishes!
    This is because 1 pound of butter in the US comes pre- packaged in four 1/4 pound foil wrapped sections.
    Thus Americans use the 1/4 pound smaller sized butter dishes.

    So, either Canadians can’t afford to package their 1 pound of butter in four 1/4 pound sections or more liiely this is just another non – tariff trade barrier!

    P.S. Did you know milk in most of Canada, comes in plastic bags and we have to buy a special plastic pitcher to hold these in use milk bags, then cut a hole in the top corner of the plastic bag with scissors, to pour a glass of milk!

    Only in Catnada!

    in reply to: Debt Rattle May 2 2025 #187270
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    Participant

    Aircraft Carrierss:

    The Black Hats are desperately trying to sink an aircraft carrier.
    So the White Hats are letting them!

    US Ukraine Mineral Deal:

    Now that Trump has successfully re-bribed Congress with the Ukraine Mineral Deal, Congress no longer has to worry that the war mode cleaning of billions in US taxpayer money through their Ukrainian Laundrymat, will be interrupted anytime soon, even if peace mode should accidently break out!!!

    The Ukraine Mineral Deal ensures that no Ukrainian minerals will ever be harmed by mining them in the Ukraine!
    Only US taxpayers will be harmed!

    in reply to: Debt Rattle May 1 2025 #187208
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    Participant

    Wong Waltzing Matilda:

    Today, the band played the Wong Waltzing Matilda song as neocons Wong & Waltz found themselves suddenly deleted!

    Nice strategic move by Trump to remove Waltz from the neocon picture.
    Out of congress, and out of an important House security committee seat too!

    An neocon insider now an outsider sitting in a parking lot wondering what happened to him!

    And the band played the Wong Waltzing Matilda ….

    in reply to: Debt Rattle May 1 2025 #187207
    WES
    Participant

    Understanding The Ukraine Minerals Deal:

    The Ukraine is the US Congress’s Money Laundrymat.

    The Ukraine money laundrymat is currently operating in War Mode.

    In case peace ever breaks out, or the US walks away from the Ukraine war, Congress needs to keep it’s Ukraine Money Laundrymat operating, without any money flow interruptions, so no Congress critter ever has to suffer “Cold Turkey Money” withdrawal symptoms!

    Now, do you understand why the lack of rare earth minerals is not a problem?

    Congress will use washed clean US taxpayer’s money to fund the Ukraine Minerals Deal!

    The Ukraine is Congress’s Money Laundrymat!

    That is why control over the deals management is so vague and opaque!

    Congress doesn’t want you to be able to see anything!

    Folks, we are talking billions and billions of US dollars!

    It is all about the (your) money!

    So, wakey, wakey!

    in reply to: Debt Rattle April 30 2025 #187112
    WES
    Participant

    DEI Pilots:

    One thing about DEI pilots is that that their failures quickly rise to the surface.

    A crash basically ends their flying careers for good.

    That DEI F-35 navy pilot crashing into the aircraft carrier probably used up her life’s quota for F-35s and won’t ever fly again. No aircraft carrier wants her.
    The DEI Blackhawk pilot quickly proved her incompetence for keeps.
    Those 2 DEI pilots crashing their passenger plane in Toronto, will probably never fly again as no insurance company will insure them.

    So problem DEI pilots, self correct themselves.

    My Father operated a very large fleet of float planes up in Canada’s north.
    He always said if a pilot ever crashed an air plane in suspicious circumstances, they would never fly again because no one would ever hire them!

    in reply to: Debt Rattle April 30 2025 #187110
    WES
    Participant

    I have never been in the armed forces, so I only have my Father’s wisdom to rely upon.

    Everybody seems to overlook the basic fact that the woke female helicopter pilot was a commissioned officer, while her lower ranked co-pilot was not an officer.

    The non-officer had no choice but obey her decision without question.

    The co-pilot by suggesting they turn left, came as close to questioning her decision, without directly questioning her decision, as he dared.

    If the co-pilot had directly questioned her decision, or had taken over the controls, he risked ending his career on the spot.

    The co-pilot basically had little/no choice but obey his commanding officer, for better or worst.

    This non-officer training an officer situation should never have happened in the first place.
    The training co- pilot for an officer, should always be a more senior officer, who could easily over-ride a junior officer without incident.

    in reply to: Debt Rattle April 26 2025 #186897
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    Participant

    Trump Announcing China Discovered Big New Gold Deposit!

    So there must be some Chinese guy named ” Trump”?

    Aspnaz, please explain this!

    C

    in reply to: Debt Rattle April 24 2025 #186748
    WES
    Participant

    Tariff Wars:

    When Trump announced his tariffs, everybody and his brother ran around liie a chicken with it’s head cut off!

    Now a few weeks later, tariff war, yawn.
    Oh, there are still lots of moving parts that have yet to play their part.
    But, notice that a thing, called reality, has started to rear it’s ugly head.
    Nothing to do with trade is ever simple.
    Popcorn time!

    in reply to: Debt Rattle April 24 2025 #186747
    WES
    Participant

    Air Defense Systems:

    The Russian air force is unable to fly their planes near the frontlines for fear of being shotdown.
    Instead they have to use long range standoff weapons to target the Ukrainians.

    So, it should be no surprise that the US air force planes have to use long range standoff weapons to target the Houthis too.
    It is too dangerous to fly directly over Yemen territory due to the air defense systems the Houthis have.
    So the necessity of using expendable Reaper drones, as there isn’t really any alternative.

    Air Force plane pilots get very nervous when their plane is suddenly locked onto by enemy radar systems because the risk ofbeing shotdown is now very high.
    The pilot instead of hunting, now becomes the hunted, and all his efforts must now be focused on escaping an oncoming missile.

    The Israelis stealth F-35 pilots attacking Iran, all fired their missiles, as soon as Iran’s radar locked onto their planes, thus aborting their attacks.
    The Israelis pilots had not expected to be picked up and locked onto so early, by Iran’s radar systems.
    No Israelis were brave enought to press on with their attacks.

    in reply to: Debt Rattle Easter 2025 #186495
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    Participant

    Zerosum:

    “It’s said there are no atheists in foxholes. There should be no libertarians in a crisis,” Carney said at a news conference in Whitby, Ontario.

    Inspiring word salad!

    Liberals promise to borrow and spend more!
    No wonder they are leading in the voting polls!

    in reply to: Debt Rattle April 19 2025 #186466
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    Phoenixvoice:

    Thanks for your more realistic comments about the consequences of autism.
    What you said agrees with my limited experience with autistic children/adults.
    Very time consuming life long efforts made with little upside gains.
    Only a loving parent would do this.
    No stranger would.

    in reply to: Debt Rattle April 18 2025 #186412
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    Scams:

    It is really hard to believe their are people out there who still believe in the fake government promoted scams, like climate change and covid vaccines, etc. despite being hoodwinked over and over again.
    They never ever seem to learn!

    in reply to: Debt Rattle April 16 2025 #186317
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    Ukraine War:

    Due to the lack of interest, the war in Ukraine has been cancelled.

    General Mud still reins supreme in many places along the front.

    In other news Russia has developed several small ground drones about the size of a Tonka toy that is small enough to squirrel down bunker ground level dirt ventilation holes uninvited.

    in reply to: Debt Rattle April 16 2025 #186316
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    tdk:

    If push comes to shove, I guess one can always eat your tulips!
    Not sure how safe eating them is.
    I guess one needs to know what parts of the tulip bulb are safe to eat.

    in reply to: Debt Rattle April 16 2025 #186311
    WES
    Participant

    Yawn!
    The US dollar falls to a new low against gold today.
    You now need a wheelbarrow with a capacity to haul $3350 USD to buy an ounce of gold.

    To buy an ounce of silver, your old wheelbarrow will still do the job, as silver prices haven’t changed very much lately.
    Nobody seems to want to buy any silver these days.

    Everyone seems more interested in buying Bitcoin than gold or silver, to protect their purchasing power.

    in reply to: Debt Rattle April 14 2025 #186158
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    Recession Battle:

    It is interesting to watch the media battle over whether the US is in a recession or not.

    On one side are the Globalist’s controlled media constantly declaring a recession.
    The otherside is Trump and MAGA/Main Street.

    So far I see a recession for the Globalists but not on Main Street!

    in reply to: Debt Rattle April 11 2025 #186029
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    Aspnaz:

    Regarding no basements in China.

    I would think in northern China, like Manchuria, they have basements for cold storage and to prevent frost heaving of their buildings during the winter.
    At least there unemployed young Chinese could practice the art of “laying flat” in their parent’s basements, like our youth do here.

    I can see in the south of China, flooding concerns might discourage building basements in homes.

    in reply to: Debt Rattle April 11 2025 #186028
    WES
    Participant

    Tariff Boxing Bout:

    It has been a week since the bell was rung to open the first round of the Tariff Boxing Bout.
    There were a flurry of punches and counter – punches thrown.
    Trump got a lower US dollar, but higher for now interest rates.
    A 90 day pause has been declared now, so the boxers are sitting in their stools in their corners resting.
    Short term knee jerk market gyrations get time to sort themselves out.

    By – the – way, does anybody really know what this Boxing match is all about?
    We do know Trump is one of the 2 boxers.
    But who is he fighting against?
    Does anybody really know who Trump is fighting against?
    My best guess is the old financial order’s Globalists.

    Who else has been fighting these globalists?
    It looks like Putin has been fighting them since at least 2022.
    It kind – of – looks like Xi has been fighting them too.
    We know Trump is now fighting them too!

    Hummm.

    Yah don’t suppose the 3 of them (gasp) might secretly be in cahoots?
    Afterall, Putin, Xi, and Trump, are the 3 least trusted leaders in the world today!

    So who seems to be getting punched the most and hardest?
    Trump is playing golf tomorrow.
    Putin might be having a nice hot sonna.
    Xi might be doing whatever they do on weekends in China.
    None of them appears to have a bloody nose or any bruises.

    So who has the bloody nose and bruises from all those thrown punches?
    The Globalists haven’t been trading with Russia since 2022, by their own choice
    Obviously this first punch was thrown by the globalists!
    Globalists; You and him fight!

    Maybe Trump and Xi, are throwing the second and third punches!
    Trump is bombing Europe via Yemen, closing the Suez Canal
    (Yah sure got to hand it to them military bomb boys, they sure know a Yemen brothel when they see one!)
    So where do most of the Globalists live?
    Oh yah, Europe!
    It kind – of – looks like globalist trade between China and the US is coming to a screeching halt too!
    Globalist trade with the rest of the world looks like it might soon be affected too.

    The Globalists do seem to be looking a little battered of late!
    Maybe their mistresses beat them up for not paying them as much as they use to?
    Mr. WEF resigned.
    Wonder why?
    Maybe he doesn’t own anything and is very unhappy, about how his plan “turned” out?

    Sorry, don’t pay any attention to me!
    I just found Trudope’s or Mr. Z’s cocaine stash!
    Snort!

    in reply to: Debt Rattle April 10 2025 #185948
    WES
    Participant

    Carnival Barker:

    Carney destroyed $35 billion of Canadian’s savings in 2005.
    I noticed this fact is conveniently omitted from his resume and book of values!

    in reply to: Debt Rattle April 9 2025 #185852
    WES
    Participant

    Market Gyrations:

    So far the gyrations in the market for both the US dollar and US Treasury bond interest rates, have been both up and down.

    I am not yet convinced the markets has the long term direction of these two correct yet.

    Right now, short term events in the markets are happening, like derivatives blowing up various market gamblers, but hidden behind the curtin, out of our sight.
    Think of the famous Wilie E Coyote frames, after successfully using a sure fire US designed Acme product!
    (One has to admit Acme products work perfectly as designed, 100% of the time!)

    It is still too early to know whether Trump is correct or wrong about the impact of imposing tariffs, for lowering US gov interest rates and weakening the US dollar.
    This is a long game.

    in reply to: Debt Rattle April 8 2025 #185795
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    Aspnaz:

    I hear many of China’s highly educated unemployed youth have coined a new strategy for dealing with China’s struggling economy.
    Not exactly a happy strategy.
    Sadly they are coping by “laying flat”.

    Here, youth are living at home in their parent’s basements.
    Basically “laying flat” too.
    I am not up on what our term for doing this is.
    I assume the same coping pattern is happening in China too?

    My brother noticed that streets, subways, trains in Shanghai are no longer as busy as they were just a few years ago.
    Half the usual number of people.
    Another sad sign.

    in reply to: Debt Rattle April 8 2025 #185793
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    Participant

    Markets:

    The action in derivatives is mostly hidden from us but likely many derivatives positions are being unwound to keep derivatives gamblers alive and avoid an early grave!
    Amputate an arm or leg, so the rest of the body can survive.
    Some of these derivatives are not on stocks, but rather on bonds.
    Stock derivatives were likely the first to go last week, but now we are likely seeing bond derivatives going off, as in bang, bang, you’re dead!

    The selling of gold is because it can be sold, when other assets often can’t be sold, to raise needed cash to meet margin calls on losing derivative positions.
    The desire to sell a losing derivative position, isn’t to maintain the derivative position, but to entirely escape from the derivative, before it pulls you completely under water!

    We have seen gold sell off quickly and sharply, a classic sign the general markets are on their knees puking their brains and guts out.
    It is not because gold owners want to sell their gold first, but because they are given no choice, by their brokers/bankers who often make the call, to sell the owner’s gold because it is always liquid!
    Often the gold owner only finds out, after the fact!

    The market’s unwinding of derivatives is all part of destroying the fake money.

    Once this market panic and gold selling subsides, gold prices will recover, taking their sweet time.

    in reply to: Debt Rattle April 7 2025 #185735
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    DBS:

    Private investors still don’t want to buy US bonds!

    Notice Trump is trying to force other governments to buy US bonds!

    Private companies are being invited to invest in the US to avoid the tariffs.

    Notice China doesn’t want to buy more US debt!
    They have been steadily reducing US bonds and buying gold instead.
    They want to own enough gold to offset any US bond losses.
    China doesn’t want to step right back into that same trap!

    Trump is inviting China to finance the US gov by buy more US bonds!
    Please step right back into our trap!

    Obviously, China doesn’t want to use their hard earned surpluses to finance the US, again!
    China would rather spend their surplus to benefit their own country not the US.
    So expect China to negotiate the longest and hardest with Trump.
    They do have a financial cushion few other countries have.

    But Trump must get China back buying US bonds to be fully successful in lowering US interest rates below 3%.
    If China still refuses, then Trump could be in a world of hurt , as other countries might follow suit.

    in reply to: Debt Rattle April 7 2025 #185734
    WES
    Participant

    US Bonds/Tariffs:

    There is a direct connection between tariffs and longer term US bonds and lower US gov bond interest rates.

    Those countries with trade surppluses will likely have to invest in 10 year or longer term US Treasury bonds in order to get reduced tariffs.

    More bond buyers means lower US gov Interest rates!
    Trump’s “art of the deal”!

    in reply to: Debt Rattle April 7 2025 #185731
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    Market Manipulations:

    Today the poor are feeling relatively richer, after the rich 8% who own 92% of stocks lost a few trillions.

    Trump is forcing interest rates lower and trying to force these same 8% into buying more bonds.
    So far, he is succeeding.
    But there is still a long way to go yet.

    in reply to: Debt Rattle April 5 2025 #185622
    WES
    Participant

    This Week’s Biggest Event:

    This week inflation took a big hit!
    And nobody noticed.

    in reply to: Debt Rattle April 5 2025 #185619
    WES
    Participant

    Peace In Ukraine:

    Isn’t it ironic that only one country is actively trying to bring peace to the Ukraine.
    Russia!
    Ukrainians and everybody else is opposing peace, at all costs.

    in reply to: Debt Rattle April 5 2025 #185617
    WES
    Participant

    The Babbling Babylon:

    The US is in financial trouble.
    The US says the rest of the world must pay!
    The rest of the world is not happy about paying.

    Globlist traitor Mark Carney is being fitted for a pair of cement shoes.

    Will chief justice traitor Robert betray his country?

    in reply to: Debt Rattle April 4 2025 #185567
    WES
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    Globalist Emperor Naked:

    This week President Trump publically announced that the Globalist Emperor was naked despite the expensive fancy cloak of invisible clothes he was wearing!

    Markets not knowing what to do, seem to be selling everything!
    Inflation sure has taken a big hit these last 2 days!
    Knee jersey reaction to the not falling sky!
    Yestesday the USD fell. Today the USD went up. So which is it?

    For sure, over the last 2 days, the big boyz have been making a killing in the markets!
    Never Let A Good Crisis Go To Waste!
    It is obvious the big boyz were very well prepared for this big takedown event!
    Their sheep clients, not so much!
    They are getting sheared!

    What interests me is what is likely happening in the unreal markets verses the real markets.
    By unreal markets, I mean the derivatives market.

    For example:
    3M is a real company with real products.
    It’s stock price goes up and down when traded in the real market.

    But there are also derivatives that trade on 3M’s stock price going up or down!
    These derivatives trade in the unreal market.
    These derivatives are the result of financialization.
    This is the unreal financialization that is 2/3rds of the 18% of GDP.
    It produces nothing!

    Somehow these unreal derivatives are going to cause a lot of globalist zombie blood to be spilled.
    With a lot of dead globalist zombies too.

    Many of these globalist zombies are the very enemies that tried to kill Trump!
    Trump is getting his revenge by using tariffs.
    Revenge is a dish best served cold.

    We are talking about trillions and trillions!

    P.S. Do zombies make a noise, when they jump out an office window?
    Do zombies go splat, when they hit the ground?
    Has a zombie ever been arrested?
    .

    in reply to: Debt Rattle April 3 2025 #185493
    WES
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    Aspnaz:

    Certainly China has so far escaped the financial paradox of the burden/benefit of one’s currency serving as the world’s reserve currency.

    It is hard for the US to cheapen it’s currency and maintain it’s reserve currency status.
    It is like having a cake and wanting to eat it too!
    You can only have one, not both.

    Regarding Trump wanting to eliminate most income taxes, I see Congress and interest on gov debt saying otherwise.
    Trump only has less than 2 years to implement his changes before the Dems (Uniparty) regains control of Congress.

    Trump is trying to deal with the US gov debt by reducing gov spending and by lowering US interest rates.
    The bond market is giving him some time by waiting for now.
    Maybe this is why Trump is trying tariffs?
    Maybe he has no other choice?
    Nothing else has worked todate.

    I am puzzled why the bond market didn’t rein in Joe Boden and company’s totally out of control spending before now?

    in reply to: Debt Rattle April 3 2025 #185481
    WES
    Participant

    The Shrinking US Postal Service:

    Trump Eliminates Duty Free Postal Imports:
    See Zerosum’s comment above for executive order details.

    Most of what the US Postal Service does today is deliver for free in the US, cheap Chinese goods for China.
    This was not accidental!
    Congress set it up so.
    Now Trump is shutting this US taxpayer supported Chinese delivery service!
    This will completely shutdown the free delivery of Chinese goods imported and delivered via the US Postal Service into the US!
    So the US Postal Service will no longer need most of it’s nearly 1 million employees!

    So far, I haven’t seen a Dem judge block this from happening, but 3, 2, 1, ……

    in reply to: Debt Rattle April 3 2025 #185480
    WES
    Participant

    Post Tariff Day 1:

    The markets reacted today to yesterday’s tariff announcemen.
    Kind of knee jerk reaction that might still have gotten the long term direction wrong.
    Everything is as clear as mud!
    But time will tell.

    The USD fell almost 2 from 104 to 102, an usually big daily move.
    (So Trump will be happy that the dollar weakened.)

    Gold fell nearly $100, ($94) from $3149 down to $3055, or 2.9% before recovering to above $3100.
    Silver fell nearly $2, from $34.49 to $31.64, or 5.5% but didn’t recovered at all.
    The gold/silver ratio shot up 4, from 94 to above 98, again an unusually big daily move.

    Today’s takedown of gold and silver was clearly orchestrated by the big boyz!
    What is interesting is, after the takedown move, gold has recovered most of it’s daily losses, while silver has not recovered any of it’s daily losses.
    This all points to the big Boyz manipulating silver to orchestrate today’s bloodbath in gold (and silver).
    The silver market is nearly 1/100th the size of the gold market.

    All this is nothing new in the gold and silver markets.
    This activity has has been going on, like forever.

    The recent rise in gold from $2600 to $3100 has occurred in just 500 days.
    Previous $500 rises in gold have usually taken a 1000 days to occur.
    So gold’s recent $500 rise has occurred unusually rapidly, in a less controlled pace than normal.

    Some speculate that western central banks have been slowly losing control over the gold and silver markets and their repression of gold prices is no longer as effective as it once was.
    One reason for this loss of control over gold, has been China’s big move into the gold market over the last 25 years or so.

    Gold was exempted from TRUMP’S tariffs, so the big scramble to onshore gold into the US may now be over.
    Not sure why anyone ever thought Trump would tariff real money!

    These tariff resets are one big economic experiment, but rooted in past (pre – 1900) history.
    Economists say tariffs are bad, but what these same economists have been prescribing for the past 50 years or more, sure hasn’t shown much success.

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