A reader asks; Why do I think the Great Reset is the Great Tribulation?

What are your arguments for this opinion? Others come close, but don’t make that declaration, especially with a countdown clock that puts its end about June 2027.

Terry

I attempt to answer this question with a comprehensive podcast.

To download the podcast – right mouse click here (duration 39:17)

REMEMBER – An economic collapse would serve no good purpose for the globalists at this point, since it would risk exposing the objectives of the Great Reset to the unwashed masses while placing the blame on the central banks. The tenets of the Great Reset will be much easier to achieve when ostensible normalcy persists.

Related Posts

17 thoughts on “A reader asks; Why do I think the Great Reset is the Great Tribulation?

  1. Interesting article from a lending company. I get these as part of their distribution and find them rather interesting. Posted here in its entirety.

    Fed Ready To Cut; Rates Fall & Stocks Shoot Higher; BUT – Why Is This NOT 2007? “This Time’s Different…”

    Fed Chair Powell informed the world yesterday that the Fed is ready to “pivot” even before a core inflation reading (PCE) hits their desired 2%. And, this was after a lower-than-expected inflation report (Producer Price Index) was released.

    As a result, both stocks and bonds performed well, reminding us again that SOMEBODY WILL PROBABLY BE VERY WRONG. Stocks go up on the prospect of a strong economy and higher profits. Bond prices, however, go up on the prospect of lower inflation and a weaker economy.

    Is it possible that this time is different and that rates will fall and the economy will surge as a result? Not likely.
    Fed Helping Biden Or Sh*tting Bricks?

    Someone asked me that exact question yesterday. While I do think the Fed would prefer to see Biden win, I think they are willing to cut rates sooner than expected because they are very concerned about the economy – for the many reasons I have been illuminating in my blogs.
    Unemployment Shoots Up After The Fed Cuts Rates

    The Fed has the world convinced that they can control the economy, but macro pundits constantly remind us that the Fed reacts to the economy; the Fed either cuts in response to negative economic news, or the economy tanks even after rates are cut.

    This excellent post on X by The Kobeissi Letter shows how unemployment SPIKED every time the Fed has cut rates since 1950! If the Fed can save the day, why would unemployment shoot up? Kobeissi’s point: “History says a ‘soft landing’ is unlikely.”
    Stocks Vs Bonds; Who’s Wrong?

    The above subheading is the title of this post on X by Jeff Snider. Snider explains that stocks are going higher “because everyone believes that everyone believes in a soft landing…” Got that? Snider makes this point: “Historical analysis reveals that stock prices are less about economic fundamentals… [and] are more reflective of collective market psychology, akin to Keynes’s beauty contest.” He also shows in his videos how much more accurate the bond market has always been in predicting interest rates and the state of the economy. And right now the bond market is screaming recession.
    Everyone Always Thinks “This Time Is Different…” Why???

    In the late 1990s, prior to the dotcom crash, and in 2007, prior to the 2008 crash, we heard “this time is different” over and over and over. And…we’re hearing it now. But, macro pundits remind us again and again that we always see recessions after the yield curve inverts (when short-term rates are higher than long-term rates), and have been seeing the largest and longest yield curve inversion we’ve ever seen.

    In this short and somewhat comical video, a guy who goes by the pseudonym of “J Bravo” points out how the WSJ, the Fed, and a survey of economists were ALL predicting strong economic growth ahead in 2007, ignoring the inverted yield curves. And… they were wrong. A lot wrong. George Gammon makes the same case in this video, while also reminding us that he “barely graduated from high school,” so he could be wrong. 😊 His point is only that history and the data don’t lie, irrespective of the messenger.
    Jim Bianco Says No Recession Still…

    Renowned macro analyst, Jim Bianco, is still making the case that there will be no recession. In this post on X, Bianco says there has never been a recession when the major indexes are all hitting all-time highs. I am not sure he’s correct, but I am sharing this as a reason why some people think “this time is different.”
    Conclusion

    Rates will still bounce around, but I remain strongly ensconced in the “Inverted Yield Curves Don’t Lie” camp, and I still expect a recession and much lower rates next year. This time is “never” different.

    Here is the link: https://www.jvmlending.com/blog/fed-ready-to-cut-rates-fall-stocks-shoot-higher-but-why-is-this-not-2007/?utm_campaign=Monthly%20Newsletter&utm_medium=email&_hsmi=286618817&_hsenc=p2ANqtz-8JC_2ji7DSjTZAJLA_40-T6biD8Ca3hJcQyPNOgJWxYGAvZM0_cG_hYRz5aM6Hfb8SIsevmfQ78p1VMjk3wQvmddSXjQ&utm_content=fed-ready-to-cut-rates-fall-stocks-shoot-higher-but-why-is-this-not-2007&utm_source=hubspot

    1. Thanks for sharing. The One World government has been made possible exclusively by QE.

      All of the multicultural lies and the ESG investing propositions are all made possible by the tens of trillions of dollars in quantitative easing related debt issuance. QE mechanisms have been used throughout Eastasia, Eurasia, and Oceania. There is no precedent and other than certain specific situations, like the prices of real estate as interest rates increased, should be heavily discounted.

      The multicultural New World order has been engineered through quantitative easing and will last until Jesus’s return. Be the landlord and own the assets.

  2. NQ futures touched an ATH this morning 🌄. Dow eminis continue to move higher and make another ATH today…

    Why have a market collapse when the wealth consolidation has been largely accomplished?

    1. Investors are taking money out of their mm funds to invest in other asset classes.

      From the ICI Investment Company Institute

      Money Market Fund Assets
      Washington, DC; December 14, 2023—Total money market fund assets1 decreased by $11.55 billion to $5.89 trillion for the week ended Wednesday, December 13, the Investment Company Institute reported today. Among taxable money market funds, government funds2 decreased by $11.36 billion and prime funds increased by $1.38 billion. Tax-exempt money market funds decreased by $1.56 billion.

      https://www.ici.org/research/stats/mmf

  3. Have to wonder about that NY apartment building collapse. I only skimmed the article and will make a prediction based on my gut. The headline along throws the landlord under the bus. “New York building collapse reveals more than 100 violations: city records”

    My prediction is the stories that follow will be indirectly in favor of large institutional landlords. Blackstone and similar may very well have outstanding track records for renting out high quality properties. It may also be possible this is a case of Jewish lightening. The property will likely be purchased by one of the big players and rebuilt into a green super structure.

    1. It’s been my experience that the large institutions stay away from the blue states, especially the Northeast. The rules and regulations are too onerous, while the multicultural tenants hide behind a web of protenant laws. They generally seek the areas that I prefer.

      1. That is seemingly contrary to the plan going forward – that would be to cram people into Megaregions. Someone has to occupy the communist housing developments. I am already seeing opinion pieces and news about how the devastated SF downtown buildings will become/proposed housing. To me it was very clear long before the articles started coming out. It’s also why commenting on opinion pieces and articles has become so valuable to those who own the assets. Remember my saying “it has to be your idea.” Meaning nothing gets through unless there is overwhelming support from the public. And who better to shape public opinion than those who master the Delphi Technique. Christ was in fact condemned to death by a jury of his peers but that does not mean the public was correct. The world is once again demanding the release of Barabas.

        1. Not in those areas you mentioned. Repurposed buildings will eventually be turned over to the governing jurisdictions. They will probably be set up as trusts and will essentially be set up like Soviet housing. Private equity won’t touch that crap without government administration and guarantees. This is more common in Europe, especially in Germany where fewer people own their domiciles.

          1. Now this makes perfect sense. After all the US has been a fascist system for a long time. Of course not openly admitted, but when one connects the dots of how the corporate and gov’t have essentially merged, it’s pain as day.

  4. It looks like the asset owners win again…

    Argentina’s Milei Devalues Peso by 54% in First Batch of Shock Measures

    Argentina’s official exchange rate has been cut to 800 pesos per dollar.

    (Bloomberg) — Argentina devalued the peso by 54%, overhauled its crawling peg and announced massive spending cuts to eliminate its primary fiscal deficit next year as the first steps in President Javier Milei’s shock-therapy program.

    The newly inaugurated administration weakened the official exchange rate to 800 pesos per dollar, Economy Minister Luis Caputo said in a televised address after the close of local markets on Tuesday. It was 366.5 per dollar before the address. The central bank will henceforth target a monthly devaluation of 2%.

    The moves were welcomed by the International Monetary Fund. The central bank is scheduled to announce new monetary measures on Wednesday.

    “There is no more money,” Caputo said repeatedly in the recorded video, adding that Argentina needs to solve its “addiction” to fiscal deficits.

    The government will slash spending equivalent to 2.9% of gross domestic product, in a radical fiscal adjustment, according to a senior economic official.

    Cuts to energy subsidies will save 0.5% of GDP, while reductions to transport subsidies will save 0.2%, according to the government’s estimates. The administration also expects reductions in social security and pensions to save an additional 0.4% of GDP. The government plans to end indexation of pension payments, the official said.

    The finance ministry also expects tax revenue to grow by 2.2% next year.

    Other measures announced including halving the number of ministries, cutting transfers to provinces and suspending public works. At the same time, Argentina will boost certain social welfare programs, Caputo said.

    The IMF praised the new government’s “bold initial actions” shortly after Caputo’s announcement. “Their decisive implementation will help stabilize the economy and set the basis for more sustainable and private-sector led growth,” spokesperson Julie Kozack said in a statement.

    Dramatic Steps

    The dramatic first steps follow a somber inauguration speech on Sunday, when Milei warned that Argentines will have to endure months of pain while he works to pull the country from the economic crisis inherited from his predecessor. Inflation is already running at more than 140% annually, and prices are expected to jump between 20% and 40% in the months to come, the president said.

    The government had closed Argentina’s export registry Monday, a technical step that often foreshadows a currency devaluation or major policy change. The central bank also announced Monday the official currency market would operate with limited transactions — a restriction it said it will lift on Wednesday.

    The devaluation was long seen as inevitable. In the run-up to Milei’s inauguration, markets were signaling a currency drop of about 27% in the first week of the new government, while investment banks like JPMorgan Chase & Co. and local private advisory firms suggested it could weaken about 44%. Grocers had already increased prices and banks were offering sharply weaker retail exchange rates hours before the Tuesday announcement.

    Argentine authorities have for years slowed the peso’s decline in the official market through currency controls and import restrictions in an attempt to protect dwindling reserves. That hodgepodge of capital controls has spurred at least a dozen exchange rates, hampering business and restricting investment in South America’s second-largest economy. On the campaign trail, Milei pledged to scrap the currency altogether, replacing it with the US dollar.

    “We’re always worse off because our response has been to attack the consequences but not the problem,” Caputo said in his address. “What we’ve come to do is the opposite of what they always did, and that’s solve the root problem.”

    On Dec. 7, the prior administration had let the peso slip by about 5%, while simultaneously limiting the amount of greenbacks banks could hold in order to prevent them from hoarding dollars. The government had been burning reserves to keep the currency largely steady at 350 per dollar since the August primary vote, when Milei’s surprise showing sent markets into a tailspin. In parallel markets, that rate is about 1,000.

    Since being spooked by his emergence in the August primary, investors have changed tack on the firebrand libertarian, cheering on his first steps as president-elect — namely, his decision to pick Wall Street veterans for some of the main cabinet positions while distancing himself from more radical proposals including dollarizing the economy and shuttering the central bank. As he begins his four-year term, the rally will be put to the test.

    Caputo previously served as finance chief in the administration of Mauricio Macri, when he negotiated a $16.5 billion deal with holdout bondholders, allowing Argentina to return to international capital markets. Amid a currency run in 2018, Macri tapped him to take over at the central bank, but he only served for a few months before unexpectedly stepping down amid tensions with the IMF.

    Caputo has tapped longtime colleague Santiago Bausili, a Deutsche Bank and JPMorgan Chase & Co veteran, to run Argentina’s central bank.

    1. There is an unsubscribe link at the bottom of the email same as any other. You can do this all by yourself like a big girl.

      Pray tell why the rest of us needed to know this? We don’t care.

      1. She wasn’t subscribed in the first place. She’s just angry and wanted to make a statement.

        The synagogue of Satan delights in people mixing it up, because there’s no common heritage nor frame of reference in which to guide their history and their backgrounds. Their culture is given to them by DARPA and they don’t even know it. These types of people are easily offended and relish in their victimhood. It becomes a set of clothes that they can wear to identify themselves. They’ll never understand their true adversary until the judgment throne.

  5. Okay price data… Real earnings look great!

    Core CPI (MoM) (Nov)
    Act: 0.3% Cons: 0.3% Prev: 0.2%

    Core CPI (YoY) (Nov)
    Act: 4.0% Cons: 4.0% Prev: 4.0%

    CPI (YoY) (Nov)
    Act: 3.1% Cons: 3.1% Prev: 3.2%

    CPI (MoM) (Nov)
    Act: 0.1% Cons: 0.0% Prev: 0.0%

    CPI Index, n.s.a. (Nov)
    Act: 307.05 Cons: 306.90 Prev: 307.67

    CPI Index, s.a (Nov)
    Act: 307.92 Cons: Prev: 307.62

    CPI, n.s.a (MoM) (Nov)
    Act: -0.20% Cons: Prev: -0.04%

    Real Earnings (MoM) (Nov)
    Act: 0.5% Cons: Prev: -0.1%

Leave a Reply

Your email address will not be published. Required fields are marked *