Note to reader: the US governing authorities are keeping its population in the dark as the timeline to the force majeure moves forward. This will be the time of Jacob’s trouble and the ruling elite know what’s coming. A catastrophic war will be the catalyst to unravel the existing monetary and global economic structures and the populations of the planet need to be unprepared for maximum effect.
My advice for the readers has been steadfast. Quantitative easing (QE) was only a means to an end and was solely designed to keep the existing monetary structures alive while the wealth and power consolidation progressed toward the ultimate goals. I instructed my readers and listeners since 2012 that QE was only a means to an end in this regard and that we needed to own the income generating assets, which would ensure the maintenance of our standards of living.
Wage earners and fixed income recipients will continue to get decimated all decade long as Russia and China continue their secret pact against the West. China used the existing monetary system to build up its economic and military power in time for the Great War outlined in Ezekiel. I am not concerned about any debt bubbles in CCP China nor the West, as this force majeure will effectively cancel this debt out.
We’re all going to be profoundly impacted and life will be brutal for most, but to those who have been transferring assets and their lives out to more rural red areas, they stand a better chance of surviving and prospering. There seems to be more people coming to terms with this cruel reality and this is why rural real estate, which includes arable farmland, continues to rise in price at the expense of the urban areas.
I suspect that at any time after the second half of 2027 is “game on” for the next phase. As what happened with the COVID bioweapon campaign, none of the churches will help you and none of the other races of people will care about you. In fact, all Caucasian Christian asset owners will be in the crosshairs and will be blamed for the unfolding tragedy. I looked to South Africa for a glimpse on how Caucasians will be treated, even if it means total destruction of the countries.
The government and those in control detest us and will keep us in the dark all the way to this denouement. Keep in mind that these are the same governing authorities that injected up to 80% of its population with a bio weapon. We’re on our own, and I suspect that the timing of the bio-weapon injection campaign is timed to soften up the populations going out to this horrible future war. Whoever thinks the circumstances underpinning the book of Revelation have already occurred is in for a sad and terrible shock.
As we get closer to 2027, look for the amount of government debt and its concomitant level of sovereign debt securities to rise almost exponentially as the last vestiges of the wealth and power consolidation wrap up. Those at the top who are controlling our reality need to have as much power and control over events as possible as they guide the world to its conclusion.
If the reader never got with the program and listened to ZeroHedge and the other compromised alt-financial outlets as well as the church idiots, I am declaring now that it’s almost too late to procure any meaningful portfolio of income generating assets. Real estate is now too expensive for the average person and asset prices have risen too high. For those who didn’t listen to me since 2012, I have some sad news; time is now running short. If you do have assets and have heeded my warnings since 2012, I congratulate you.
In my prior blog and on shortwave, I predicted Dow 40,000 back in 2017-2018, and told you how the median house price would eclipse $400,000 in short time. That’s when the median house price was only about $270,000 during the beginning of the covid stimulus plan. The sad part is that home prices still have a foot in reality as rents have risen in lockstep with house prices. The Great Replacement has been wonderful for landlords. Wage earners be damned. I no longer have sympathy for the average person as they brought these circumstances on themselves. They are to blame. To the unprepared I say they can eat Soylent Green during the tribulation.
To wit, I attach this Bloomberg article from earlier this morning which plainly mentions that Russia and China are conducting war games, but don’t have a common enemy in mind. Of course, nothing could be further from the truth.
Chinese and Russian Naval Forces Hold Joint Operation in Pacific
Bloomberg News 4 hours ago
(Bloomberg) — Chinese and Russian naval forces recently conducted another round of joint exercises, according to China’s Ministry of Defense.
It was the fourth joint operation and took place in the western and northern Pacific Ocean, the ministry said in a statement, without providing further details.
The operation, carried out in line with an annual plan, was not targeted at any third party and had nothing to do with the current international situation, it added.
©2024 Bloomberg L.P.
The title of the article (and the red 1969 Dodge Dart seen in the cover photo) reeled me in so I had to read on. I couldn’t help notice some points made that are consistent with your observations. Curious what you think – https://aeon.co/essays/the-surprising-truth-about-wealth-and-inequality-in-the-west?utm_source=pocket-newtab-en-us
The author has some great points. He’s right to observe the wealth distribution differences in Europe when compared to the US.
What makes the advancement of evil here in the US so acceptable it’s because of the amount of paper wealth that the average citizen is generating. Only through life of unprecedented wealth accumulation does the typical citizen sit on his hands.
All my friends in the DC area are worth at least a million. Any homeowner with a steady job over the past couple of decades should be worth a million. Much of it is largely an illusion through fiscal and monetary policy (i.e. it’s not wage income that’s generating this wealth, but rather it’s the holding of assets), it’s difficult to deny that a rising tide raises all boats, and while we hear about homelessness and all the other societal plagues, all that’s been around in the background forever. There will always be the poor and the homeless as Jesus says.
The owners of the privately run central banks seem to be working to establish their end time system by creating an illusion of wealth for the average person. It’s working very well, which is why I repeatedly warn the readers not to anticipate any economic collapses. The best way for the adversary to ensnare the world is by creating unprecedented wealth for the common Man. It’s working very well, and while much of it may be a financial engineering, it nonetheless seems to be working in that direction. Unprecedented wealth for the common Man seems to be the objective.
50+ yo school teachers and other County employees around where I live seem to all be worth at least a million dollars. Of course, they need to be contributing to their retirement plans and be homeowners. I’m friends with a federal employee who has been working for the feds for about 35 years. His defined contribution plan is worth more than $3 million.
Of course, the wealth is definitely concentrated in the higher cost cities. Most of the people I know who I grew up with are all at least worth a million dollars now. That’s on Long Island. Here in DC, the average household is probably worth a couple million dollars.
What would this wealth be without QE? It would be a lot lower. Central banking cartel has decided that it’s much easier to attract bees with honey.
Same here. We take everything week by week in the food business.
More and more, family sized packs of things like hamburger and hot dog buns are not being ordered at grocery stores but restaurants are ordering larger quantities. Pizza crusts are selling very well too. People want prepared meals in single portions too, not to take to work for lunch but as a main meal for single people who mostly stay home. Nobody stocks basics to make meals, probably also a function of deteriorating purchasing power which seems counterintuitive but there it is.
I was asked by a reader about the timing of real estate purchases. Specifically, he asked whether we should wait until interest rates fall until buying.
My answer is straightforward here. I would not wait until interest rates fell to buy. We are entering the slowest Time of the season (September – January) and I would take advantage of any good deal out there. If interest rates fall over the next 12 to 18 months and mortgage rates become attractive, I would just refinance into a lower mortgage rate.
I suspect that house prices will rise as mortgage rates fall. Thus, any advantage a home buyer or investor sees with lower mortgage rates will be offset by higher prices caused by the lower mortgage rates. I see no restraint on the fiscal deficits spending and based on what the Democrats are proffering, I see no reason for prices to fall. I only see increasing prices. Lock in the price and take advantage of any interest rate reductions by refinancing.
Housing starts and building permits are back at COVID lows. This is what happens with a socialist government. Gold at new ATHs. Nothing can stop this inflation and loss of spending power. I find it ever increasingly difficult trying to budget expenses and projects. I’m finding price stability on a whole range of products and services are no longer present. This is what happens as an economy and monetary system begin to finally come unglued. I can no longer predictably forecast anything that needs stability.
This is why the price of gold keeps moving up relentlessly and housing starts keep struggling. If I were a home builder I would be extremely conservative in my build-out portfolio. Pricing on all levels has become very difficult to predict. Gold is telling us something. Gold is telling us that the underpinnings of this economy are loosening. It’s becoming extremely difficult to make any intermediate range plans about anything anymore. The only plan I can make is to plan on not being able to make plans.
Excellent PPI data dump. Let’s go assets….
PPI ex. Food/Energy/Transport (MoM) (Jul)
Act: 0.3% Cons: Prev: 0.1%
PPI ex. Food/Energy/Transport (YoY) (Jul)
Act: 3.3% Cons: Prev: 3.2%
Core PPI (MoM) (Jul)
Act: 0.0% Cons: 0.2% Prev: 0.3%
Core PPI (YoY) (Jul)
Act: 2.4% Cons: 2.7% Prev: 3.0%
PPI (YoY) (Jul)
Act: 2.2% Cons: 2.3% Prev: 2.7%
PPI (MoM) (Jul)
Act: 0.1% Cons: 0.2% Prev: 0.2%
Jeff Rense 08/09 hour 2
Woman Injured By Home Swab
Covid Test Kit!
https://www.terminaleconomics.com/wp-content/uploads/2024/08/Rense.20240809.2of3.mp3