👉This Stock Market is Not The Real Economy !!

👉This Stock Market is Not The Real Economy !!




This freakshow is getting freakier. The economy is in free fall. The country is sinking deeper and deeper into a sea of debt, just passed the 25 and a half trillion mark yesterday. The U.S. economy shrank in the first quarter. The GDP fell at an annual rate of 5% in the first quarter, a bigger decline than the 4.8% drop first estimated a month ago, the Commerce Department reported. Boeing announced Wednesday it would lay off around 13,000 workers, including 6,770 involuntary cuts, while 5,520 staffers were accepted for voluntary severance packages. This is a huge indicator. Boeing is a very Major Player in our economy. This news comes as the U.S. Corporate profits drop in the first quarter by most since the 2008 Great Recession, the Commerce Department said Thursday. That is the largest decline since the fourth quarter of 2008 during the Great Recession. US economic activity collapsed in April, according to the Chicago Fed. The national index, which draws on 85 economic indicators, crashed to a record low -16.74 in April versus -4.97 in March. Existing home sales collapsed 35% Year-over-year. Biggest Drop Ever As Buyers Forfeit Deposits. It's finally gotten through to the dumbest of the dumb that the housing bubble is real, and so is the collapse that's got to come with 50 million people unemployed and millions more coming, and no way to prevent millions of people from losing their homes (and their cars and toys) in the next year or two. After all, Why buy if you can keep renting for free. 100,000+ businesses have been decimated by the Governor's orders to shut down. Those businesses are not coming back. The full extent of the damage to this economy won't be known for several more quarters when businesses report their sluggish earnings if there are earnings at all. But All this doesn’t matter. The bad news is good news for the market again! The market seems detached from reality. This market is not the economy. We do not have a market anymore. The current stock market valuations are completely unhinged from the fundamentals. This Stock market is simply a Ponzi scheme! A gigantic market crash is looming. This will end badly; they are only trying their best to make sure it doesn’t happen in their watch. Q1 results didn't really show the pandemic impact. Q2 results across the board (generally) will be abysmal. Q3 & Q4 will also be lackluster as people save, and fewer people feel comfortable going to malls/spending cash in general. The only thing keeping this up is the FED. Absolute insanity - Wallstreet having another chance to offload their toxic assets onto retail investors. The Fed is propping (printing and pumping money) to stocks that elites are holding; it is an insider trader scam. In Weimar’s Germany, stocks hit a remarkable rally until everything crashed in 1942 and then again in 1927. The idea of an endless “fiat-driven bull market” is a gross lie backed by bankers and their shady supporters. Central banks are printing/digitizing currencies. Japan has been doing so for around 30 years. This is the Japanification of America. Equities are a central bank Ponzi scheme. Period, the end. The Fed is literally counterfeiting trillions and using that money to consolidate ownership of real assets. We all know that the last solution becomes the next problem. So what do you think the next crisis will be?! Reminds me a bit of the famous comment back during the last crash, "That's Why I'm Richer Than You"! The fact that bank stocks are rising again with earnings tanking is a very bad omen. I don't want any exposure to the Fed and its rigged hellhole. People think liquidity injections means the market goes up, but that isn't true at all. The Fed has been using liquidity injections since practically 2008, and it is getting weaker and weaker every time. Get this: they pumped the US stock market up 30% BEFORE THE WUHAN VIRUS. An obvious attempt to fleece the retail investor. They will do the SAME THING AGAIN. The market looks more and more like a massive pump and dump scheme now than it did BEFORE the depression, which is insane! Companies selling common stock like there is no tomorrow, commercial investors extremely bearish, huge short positions in various indices, etc. I am sick of trying to go for that 10 to 15% return right before a crash. It is not worth it at all. Not with the stocks back to 95/98% all-time highs. And 3 trillion sounds like a lot, right? Well, it isn't much if you think about it. Total corporate debt stands at $15.5 trillion, and overseas dollar shortfall is intense. So really, if you want to be in stocks, you can only be in the ones the Fed/government guarantees. Which is like ten total: Amazon, Google, Microsoft, Boeing, Apple, the banks, and maybe a few others. Everything else, in my opinion, is extremely risky. Don't fight the FED! They have a digital printing press. We have mortal blood! Records reflect reality, not the other way around. The S&P markets reflect the moves of four key constituents (and a dozen other laggards), but 75% are doing poorly. The Fed is preening the business community whilst generating hype in the retail investing market. The 'real' economy is the real economy, and that space is in a 100-year world of hurt. Look at the top line of most companies today and tell me where their P/E valuations are coming from. Where is Price Discovery when the Fed is now a player with Blackrock? Records could reflect reality soon - don't be fooled. Just wait till August, September, and October. That will really show what is going to happen. Right now, the stocks are way over the inflated cause of the stimulus package/care package, one of which giving unemployment a $600 a week boost for people. The real trouble comes when that stops, small businesses aren't coming back, and unemployment isn't going down as quickly as we'd hope. I think the market will see a big drop in those months. This current situation is not fundamentally sound to invest. That's why you hear people like Warren Buffett not willing to invest in the current climate. The corporations are getting bailed out, but when it returns to profit, The Government suddenly turned dumb and did not keep those shares to receive profits and dividends to at least return money to the taxpayers that bailed them out in the first place. On top of that, they don't pay taxes. The federal reserve keeps manipulating prices. And we never know what companies they’re going to save or let fail. Short sellers who lose all their money should be able to sue the federal reserve and get their money back. America fails on many levels. It is like an alternate universe. - Savers get punished - Precious metal stackers get punished - Hard-working middle/poor classes get punished - Those who are essential workers who actually have worked get punished - Those who got laid off get $1000 a week for staying home, AND they may get a back-to-work bonus. America is now more communist than China. More QE, More Debt, More Asset Purchases. The economy sure is doing great! We should shut down all the small businesses so we can get DOW 30,000! Fed has 200 trillion liabilities, and their assets are garbage nobody wants, i.e., treasuries, ninja mortgages, zombie stocks, etc. The Fed is the garbage dump yard of everything that is worthless. If you want to hold dollars or play this market, you should have your head examined. Until the world can ditch the dollar, we can screw them for a bit more. But the Fed can do very little when the almighty dollar collapses because no one wants it any longer. Then look out below, or should I say look out for hyperinflation. They've Taken Your Job, Your Business, Your Freedom, and Now They Are Coming For Your Social Security. You have to be insane to invest in the stock market these days. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Stock market sentiment had been shifted to full-on speculation since FED started Brrrrrrrrrr. There is nothing about this market that has to do with the Economy anymore. The Reasons I believe why the stock market will go down significantly more in the coming year are : 1). 330 Trillion dollars of very poor credit market debt that needs to be deleveraged, and the Fed's 1 Trillion farts can't do anything to stop this. Japan has been doing for 30 years what the Fed is trying to do now. Guess what: it won't work when the world has 330 Trillion dollars to deleverage by at least 50% with Quadrillions in derivatives. We're in a deflationary trap and spiral. 2). Corporate share buyback Ponzi model has come to an end as public pension funds (states, municipalities, cities, etc.) have no tax revenues presently to buy corporate bond issuances to fund corporations who use that very money to buy and drive up their own stock to stuff management's pockets with bonuses. 90 cents of every dollar S&P 500 companies earned in the last Five years also went towards corporate buybacks combined with an unprecedented issuance of corporate debt and equity dilution, helping this endless Ponzi scheme. Already, more than 40 S&P 500 stocks have suspended or slashed dividends this year, with dividends expected to shrink by 23% this year. Buybacks could take an even bigger hit, plunging by 50% in 2020. 3). Economy for over a decade barely growing at 1% average despite all the above Endless rounds of QE for 12 years now, interest rates pushed to zero punishing savers and tax cuts that were really not necessary. 4). Consumer debt to income ratio at unsustainable all high time levels (175 debt to income ratio and climbing higher as well as 12 times debt to savings ratio and climbing higher) with real unemployment (unemployed, underemployed, and not counted in the workforce) at 50% plus. 5). All stock market indicators are at all-time high levels. S&P P/E was at 21.5 when S&P was 3393, and now, even if you cut earnings by 25% which is VERY conservative, you have P/E moving closer to 25 which is la-la land (you have to wait 25 years to get your money back on your principal which is crazy); Price to Sales Ratio over 2.5; Enterprise Value to EBITDA over 25; Buffet Indicator (Market Cap / GDP) over 135%; Shiller P/E over 27; Q factor (the market value divided by its assets' replacement cost) at 1.76. In fact, this is the most expensive time to buy the stock market since the dot com bubble. 6). The bond market has been screaming major recession/depression and deflation for almost a year with yield curve inverting three times and the 30-year T trading almost at 1% (totally crazy). 7). M3 essentially at zero with the consumer (which represents 70% of economy traditionally and 90% in 2019) tapped out on debt and 50% unemployed/underemployed. Meanwhile, we have overcapacity and overproduction for consumers who have no more money. This is a signal of a looming depression soon to be followed by hyperinflation. 8). Corporations (30% of the economy) already in recession since the start of 2019 with little to no earnings expansion over the last five years. 9). The corporate bond/debt market in the mother of all bubbles with 90% of bonds trading at one notch above junk status. 10). The IMF has stated that this year, the global economy will experience the worst recession since the great depression. It has also stated that for the first time since the great depression, both advanced economies and emerging markets are in a recession with growth in advanced economies at -6.1% with income per capita projected to shrink for over 170 countries. Most economists are expecting the Q2 of 2020 to be in the -20% plus range in economic contraction, and this will be catastrophic. 11). The debt to GDP of all developed countries in the 150-300% range.Not really a surprise. Developed world Governments have been running 6% of GDP a year deficit just to grow at 1-2% per year. If individuals or companies did this, they would declare bankruptcy after seven years. 12). The stock markets now are comprised of 5 companies representing 25% of the S&P and 40% of the Nasdaq. These percentages are beyond alarming. Facebook, Amazon, Apple, Microsoft, Google are up 11% on the year, and the rest of the 495 companies of the S&P 500 are down 15% on the year. We have two markets in essence. MSFT trading at 27 times 2021 earnings estimate, AAPL at 22, AMZN at 58, GOOG at 21, and FB at 23. The rest of the 495 companies of the S&P 500 trading at 16. Not a healthy market. P/E ratios should not be over 16. 13). Healthy stock markets don't go down 35% and swing back up 30% in a matter of a month. This type of volatility always signals lower prices ahead. We are, in fact, in a horrible company. This is the fastest 35% downward move in the stock market. And only two other times the stock markets have gone up 30% this fast: the first leg up of the Great Depression and the first leg up of the Great Recession. We all know what happened afterward...lower lows. 14). Major head and shoulders top forming while we are hitting the 61.8% Fibonacci level and bouncing around the S&P 3,000 wall. We are looking very weak, technically. 15). Bear markets last, on average, 15 months. We're not even in the second month of this bear market. Wall Street will soon be shorting the market to drive it down and buy it at a later date for much cheaper. Don't kid yourself: Wall Street is playing the public for fools and their greed to slam the market down and make money will happen before they buy everything for 50 cents on the dollar. 16). Retired baby boomers pulling money out of the stock market like no tomorrow, while millennials have no money to invest. 17). Berkshire Hathaway sold 8.6 Billion of equity and only bought 4.4 Billion in 2020. NET-NET, they have liquidated Berkshire Hathaway sold 4.2 Billions of equity. 18) The market idiots are out in full force with their ignorant punch lines. Be careful of the mainstream media, Wall Street, and government. They are all charlatans, liars, and manipulators. They dig a hole, stand next to it and tell everybody there is gold inside. We are a two-tiered system comprised of crony capitalism combined with the worst part of socialism. Large corporations are benefiting during the good times and during the bad times when these same companies who should be going bankrupt or getting bought pennies on the dollar by more responsible corporations, or getting merged with competitors are getting selectively bailed out by the Federal Reserve who is picking the winners and losers by their size and too big to fail criteria. Crony capitalism on the way up, socialism on the way down. This, my friends, is a broken, corrupt system. Do you want to have a glimpse of our future? Go look at the Nikkei from 1989 to today. Japan has been doing this for the last 30 years, and its market is still down 50% from its all-time high. The stock markets are now trading in swings like penny stocks with all free-market price discovery destroyed and not an ounce of sound monetary policy left. Stocks and bonds are trading solely on what the FED is doing and directly correlated to their balance sheet, which is total insanity. You have a bunch of d-bag academics (who think they know best) not only fighting mother nature but also fighting the principles of economics where boom and bust cycles need to be normal occurrences left to their own devices for productivity to improve over time. But the Federal Reserve doesn't give a hoot about the principle of economics, and they have become the real virus (they are the reason we're in this mess) infecting the world because they have us play the game with one set of rules yet those rules are constantly broken by them to be the buyer/lender and owner of last resort and implement their grand scheme of becoming the world's central bank and having the entire world as their slaves. If common folks had this behavior, they would end up in jail. This is the real virus, and we won't be able to get rid of it. Who wants to invest in a rigged market where prices are not based one bit on sound economics like reasonable P/E ratios, earnings, free cash flow growth, and dividends where earnings are cratering. And if you think the Federal Reserve is here to rescue the world by propping up the markets for the sake of humanity, don't be naive, think again. They are a self-serving private bank (no more Federal than Federal Express and not even a reserve and truth be told not even a bank). And if they are to buy the market instead of their traditional usury of buying bonds, they will do so at a much lower price than the present overvalued market. This is the biggest ruse of all time, having people think the Federal Reserve is on their side when their true intent is to crash this market and buy everything at 25 cents on the dollar. The very timely Coronavirus is the medium that is exposing the fragility of this corrupt, selfish, self-centered astronomically over-indebted over-leveraged system. Keynesian economics has run its course and collapses on its own weight. The jig is up, and it's game over. The central banks and corporations have been controlling the population for centuries. Economy collapse and starvation have been used to control and conquer for thousands of years. The same strategy is in play now for global dominance by design. They will control every aspect of our life. China is a role model for The coming New World Order. It's all fake, and I believe the Black Swan is the Federal Reserve itself. And the US government is the real virus. The correction will occur by having an entirely new system. No doubt, hyperinflation will occur. We will have to start over again, like Germany, Rome, and other fallen nations. This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉Over 40 Million Jobless , Debt to GDP Ratio 122% , The Economy is Crashing !!

👉Over 40 Million Jobless , Debt to GDP Ratio 122% , The Economy is Crashing !!


Over 40 Million Jobless in two and a half months. 2.123 million more Americans filed for unemployment during the last week alone, bringing the total unemployed in America to over 40.8 million. About a quarter of the U.S. workforce has applied for jobless benefits during this pandemic. That's almost twice as many Americans have filed for unemployment than jobs gained during the last decade since the end of the Great Recession. And the real numbers are probably way worse. The U.S. debt to GDP just popped to 122% today. That's what happens when you close down commerce. That is what happened when you allow the government and governors to shutdown your businesses and places of work. We are being MMTed. More incentives will be introduced to not have a job. Essential slaves will get a bonus to stay on their job. Most of these unemployed people get paid more sitting at home drinking and smoking dope than to be productive. Reward the fat, sickly, obese, useless, lazy, and fearful for their "contribution" to public health by being shut-ins, and bad things happen. Whatever you are promised, it will be at your expense. It always is. The whole system was due for collapse. Systemic collapse is underway. Opening a shutdown economy is a bad joke. No business can reasonably function at a fraction of capacity, especially restaurants. For those that managed to reopen and hire workers to get by, what do you think is going to happen when the bennies run out in July, and there are no jobs (good or bad) for 40 million people? We're a dead country walking. They've printed trillions and have only managed to keep things quiet for another month! Evictions are about to hit the ground running. Once the current renters are put on the street, the landlords are going to discover there is no one else to rent to. It is going to be an interesting summer. There is a huge difference between being "open" and being "back to normal." Nothing is back to normal. People aren't doing things. Everyone is uncertain about their job or the economy or the next health "crisis"... so nobody is spending money. Nobody is planning trips for the summer. The economic fallout is only just beginning. Until faith in the economy is restored (which may take years), the damage will continue. Just wait until people's unemployment runs out in October or November. The good times are gonna roll. You best enjoy the next 2-3 months, because after that it's going to get real ugly for a long time. So you best enjoy your steaks and wine in moderation. We are going through an economic meltdown "never before seen in history. The dominoes have not really started calling yet. Renters, car loans, utility bills, insurance premiums, mall operators, airlines, hospitality, and Trumpeo chooses now to have a showdown with China. And the Dow is 100 points HIGHER on this news! All these unemployment numbers have been good news for the stock market, every time it has been a good reason to make a new short term high. I thought the economy was based on employment. Guess it's really based on the rich squeezing every drop out before they go home with theirs. Wall St. is a grim picture of Gamblers gone bad; unfortunately, the Globalist FED is one of the worst. Fed dollars are, by definition, debt. It’s really really hard to fix something that was fake, to begin with. The stock market is a tool that gives the rich Access to a poor man's capital via 4o1k's, pensions, and savings. The Fed will be in at about 10 am to keep the market flat for the week. Tomorrow will be flat too. We can all go home for the week. Happens every Thursday. The trillions and trillions of dollars that are being thrown out the problem and that are being created out of thin air by the Federal Reserve which is buying up everything and flooding the economy with newly created money. This is going to do far more damage to the economy than the coronavirus. The damage from the panic has been far worse than the damage from the virus. The government's cure is far worse than this disease. The System is structured to collapse. These politicians mainstream media just don't get it. Lockdowns and house arrest kill, fresh air, work, walks on the beach, and being out in the open, cure. I still don't understand why we locked the economy down. The only thing that would've helped is locking the borders down early on, which, apparently, suddenly became "racist" somehow. Waiting a few months and then closing down barbers and restaurants was pointless. This lock-down allowed the feral reserve to initiate a MASSIVE bank bailout without anyone even questioning, unlike the aftermath of 2009. The bankers knew that they needed to make it publicly palatable, so threw in the 'loss of life' gig. The Fed truly doesn't care about the domestic economy. We were already a highly leveraged economy. Everybody had borrowed money. Corporations had borrowed money, state and local governments had borrowed money, the federal government. Individuals with record student loans, credit card debt, auto debt. There was a massive increase in public debts. Estimates are the public and private debt as a share of GDP is now three hundred fifty percent as of the end of last year. But this year it might be closer to 400 percent. States and local governments are facing a trillion-dollar shortfall in revenues over the next year and a half through 2021. Nobody had saved anything for a rainy day. Today it's not only raining, it is pouring, and we've got nothing. Mostly we could just print money. The Federal Reserve is printing One million dollars every second. In just one week, the fed printed $586 Billion, setting a new all-time high record for its balance sheet. This is The End Game. This time The Fed is not going to be able to bail us out with a bigger bubble than the one that just popped. All the years of kicking the can down the road, we finally caught up to the can, and there's no more road. And this can is too big; if we kick it, we break our foot. Everything the government is doing is going to delay the recovery, and it's going to deepen the depression that we entered into. What we need is the free market to function. When the free market functions, over-leveraged businesses fail. Businesses that no longer have adequate demand to go out of business, and they free up their resources, they free up labor, which is a resource to do something else. But what the government wants to do is to maintain the status quo. They want to artificially keep businesses afloat that would sink in a free market. And so they redirect resources from where the market wants them to be, to where the government wants to trap them. Therefore all these businesses that are being bailed out today are going to need constant bailouts in the future. The people who are being subsidized not to work are going to have to be subsidized indefinitely. Because the businesses that need to employ them are not going to be created. Because we're redirecting capital to maintaining the businesses that should be failing. We are on fast-track to inflation. Not only are people going to be paying a lot more money for bread but they're going to be waiting in long lines to get it. Things are gonna change dramatically in this country. I think we're headed for a collapse of the dollar. I think the dollar is going to lose its status as the reserve currency. The American standard of living is going to implode because we've been living beyond our means. The rest of the world has been enabling that by living beneath its means. The scarcity of goods will become a popular paradigm. Civility and security will become even more scarce. People still assume that governments have the nation's interests at heart. Nothing could be further from the truth. The writing is on the wall. The powers that be want the rule of the few over the many. It is commonly called tyranny. If you keep on sleeping, you will wake up in the slaughterhouse. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the full truth, and nothing but the truth. We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by brute force". -Ayn Rand. Every action the US Government takes to remedy this situation, involves somebody borrowing money. Take a loan to continue a business that has a 99% chance of being shut down when the Globalists turn on the Second Wave act of the Corona Pandemic Show to destroy the middle class. The serfs are tapped out; they can't afford to borrow any more money. The Federal Reserve murdered small businesses. This is the final act of the United States of Usury. In the current political climate, no potential leader in an election campaign is going to tell the electorate that he/she will be reducing the national debt and, in turn, reducing benefits and social programs. You just won't get elected that way in the tussle between populism and socialism. That tells you national debt in all the western world is only going one way. Socialists don't want leaders; they want Santa Claus. The American people have gotten checks for nothing—unemployment up the ying-yang. Government spending that trickles down. Government jobs based totally on debt. Near-Zero interest rates. Social security, Medicaid, Medicare, countless freebies everywhere that would take up volumes and volumes of books. We have a 25 trillion dollar deficit handing out freebies to anyone and everyone. Trump and his supporters are now worse than Bernie bros, who at least want to raise taxes to pay for all this, and he is honest about it. What's going to happen when the FED owns everything. Weimar and Zimbabwe and ironically Venezuela. America had decided to join your club. Welcome to the new gilded age. Nothing says Free Markets and Capitalism like buying Junk bonds, government bonds, stocks, and bailing out the multi-billionaires. Businesses have much to be uncertain about, given the ridiculous burdens hanging on them with a team of cops, bureaucrats, and lawyers ready to make their lives more difficult. Why take out a loan to pay employees to do nothing. The government already does that. I have also heard that they don't want to take it because they cannot layoff employees while they have it. The layoffs are coming, and I believe the small businesses are getting ready to do just that, in mass. Employees collecting unemployment won't come back to get on the payroll, which is required for loan forgiveness. The Fed murdered businesses on the main street. When everything is bailed out with whatever the current money is, the current money loses value, and the national money (currency), which is supposed to reward valuable companies, becomes valueless. Then, companies with value will start to trade in a more valuable currency or money (whatever that may be). The Trillions they're pumping into the economy are going straight into the markets, which is why the Dow goes up, but our wallets keep getting thinner. It should be impossible for a stock to go up if the underlying company isn't making profits or have any income at all, but in today's world, that's what happens. We'll keep collecting and trading dollars in the U.S. until China and/or some other country out there decides to start dumping our currency, and raging inflation starts working its way through our supply chains. I think you might see China dump their treasuries the week of election night. I also believe if that does happen, election night will be canceled. Someone prophesied that Trump would be the last American President. I'm starting to believe it's true. It's the Fall of the Roman Empire again! History certainly rhymes. Now we can look forward to the Technocratic Dark Ages with the Man of Perdition and implanted chips! And When everything else has failed, they will take you to war. That's all. The sleeping American is a lumbering, mouth-breathing troglodyte hooked on Tik Tok and unemployment benefits. I question what percentage of Americans are even fully literate to say nothing of being financially literate. There is nothing I would welcome more than the great awakening, but our collective IQ has deteriorated to such an extent that I'm not sure we have sufficient brainpower to drive such an event. I wish I was kidding. This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉 Retail Apocalypse A Tsunami of Retail Bankruptcies and Closures in 2020

👉 Retail Apocalypse A Tsunami of Retail Bankruptcies and Closures in 2020



Even though we are slowly reopening across the board in the majority of the country, many businesses are still closed or will never reopen. We are seeing it in retail, and in health, we are seeing it in hospitality and travel. The Most Retail Stores Will Be Closing.COVID has hit retailers hard. EMPTY STOREFRONTS ARE BECOMING A COMMON PART OF THE Cities LANDSCAPE. People don’t want to drive miles and wait in line and potentially get sick for things they could have delivered to their homes the same day. 2020 will see a retail apocalypse, A Tsunami of retail closures, and bankruptcies. An unprecedented retail crisis never seen before in American history. More chain stores will be disappearing, and several mainstay retailers are rethinking the whole idea of having brick-and-mortar locations a staggering number of stores have shut down. And it is not just about these big chains, three-quarters of retailers are small businesses, and those are the ones that are really at risk. As the toll of unemployment in the U.S. is growing each week, for more than two months. Many economists and experts believe some of these lost jobs will not come back any time soon. With consumer confidence low, when people do not have two nickels to rub together, when people are not making nearly enough to live. What do you think is going to happen with the retail sector. That is the particular concern in the retail sector. Over two million Americans have now lost their jobs in retail. Stores shed jobs, of course, as sales plunged. A record 16.4 percent down from March to April, a bloodbath for the economy, since retail accounts for about half of all consumer spending, which in turn drives some 70 percent of economic activity. In acute pain, clothing stores, where sales have tumbled nearly 80 percent. Already struggling department stores are down about 30 percent. Include that well over 50% of restaurants won't survive on 50% less occupancy, which means 50% less revenue. When many need 85-90% volume, and a high table turns over just to break even. The pandemic has speeded the shift to online, predicted to jump from 15 percent of all retail to fully a quarter, good for virtual stores, disastrous for ones you can walk into, many of which have now gone under. As a result, it's harder for retailers to both pay their debts and stay current to compete with behemoths like Amazon and Walmart. Now, across the country, some stores are opening up. But, even if retailers open, are people ready to go shopping? Even among those who may want to go out and shop and miss that activity, a lot of them don't have the means to do so, or they're reluctant to spend because they're nervous about the economy. Confidence takes a moment to destroy. It can take many, many months to come back. My guess is that 30% of businesses will not return or won’t last long. And about the same percentage of people will remain unemployed. This setback will cripple the economy for the next ten years. The debt incurred will be the pandemic killer! And while operating at reduced capacity under new rules now, businesses are passing the buck onto consumers. Extended hours, limitations on the number of customers allowed, improved sanitization methods, and a barrage of personal protective equipment; All comes with a price tag. Some businesses are tacking on a COVID surcharge as they navigate through the pandemic. Now consumer experts say these surcharges may push customers away. Macy's said that sales were down 45 percent. Because of online retailing, it is likely that at least half the brick and mortar retailers were on the extreme margin of solvency already. Online shopping already accounts for 11% of retail sales. The good old days are gone when mall managers wouldn't even meet with anyone not representing a AAA national chain tenant. Now they are offering free rent and incentives to CBD sellers and hot dog cart owners. Thrift stores will become anchor tenants. After JC Penney filed for bankruptcy, Hertz also filed for Chapter 11 bankruptcy amid rising debt and a sharp drop in demand for rental cars during the coronavirus pandemic. The company is the latest business to fall victim to the coronavirus. This is just a start. We will have many more to see. I have seen news Aldo is also looking for bankruptcy Insurance. Pier 1, JCP, Kohls, Macy's, Foot Locker, Nordstrom. Then the Universities and Colleges. Starting with Halloween to Christmas, there are no parties, no celebrations. Rice and Beans for Celebration. Just wait another 60 days when the enhanced unemployment money dries up. There will be 50 million unemployed with not a pot to piss in. The depression is only in the unfolding stages, and the economic collapse that is coming will make the virus look like a picnic. Let’s make a list of those that are still able to make the rent: 1) Gun shops. 2) Liquor Stores. 3) Grocers. 4) Coin shops, (thanks to the gold and silver stackers). 5) Weed dispensaries. 6) Fast food restaurants. While dams fail, bridges collapse, communities deteriorate, and homelessness grows, while jobs and the US economy are offshored, the environment is degraded, and health care needs go unaddressed.US Billionaires are up 460 BILLION in just two months. And Will be UP a TRILLION, at a minimum, by fall 2020 election. Tens of trillions to Wall Street, the banks and corporate welfare socialism. America is simply going to drown in its unaddressed debt problems just as New Orleans drowned in Hurricane Katrina. America's economy was never strong; it just printed more money. This is just the beginning. It will get much worst when the looting, riots, civil disobedient, the chaos starts. Coronavirus has left the US in economic devastation. Most small businesses and service industry jobs have been eliminated. Airlines are sitting. Restaurants closed. No sports or any gatherings. People are hurting and need money badly. Forty million jobs lost in 7 weeks. America is on the verge of losing everything. This Economy is not going to just bounce right back. It is going to take years to recover from this. It'll get extended beyond the election. Bank it. The real ugly will hit at Christmas when all the businesses get to see first hand how broke many are now; and spending for Christmas craters. Many will be homeless as banks take homes and apartments. People do not own anything. We will be a third world country very soon. The Fed and the Banks will own everything. When you take a 30-year note on a house or property, you are really buying almost three houses in the end, you keep 1 for yourself and give 2 to the bank. Depending on your interest rate, that is. But its never really your property. The county will stick a gun in your ear every month and tax you. Right around here, I see people paying $10000 a year on their house just in tax. Imagine what taxes will be after this COVID BS with no income coming in for local governments. State pensions are a disaster. Politicians want to give hundreds of millions away to the homeless and illegals. They only get their money from taxes, your taxes. Inflation and taxes are going to explode. That's why GE and Ford and GM, GE, all those old money blue chips are gagging on pensioners that they promised to pay. Well, now they can't pay. They are pension guarantee/distribution companies that just so happen to make cars. That's the result of 4 decades of neoliberalism, capitalism on steroids, ' more is never enough' a dog eats society, without humanity. This is gonna suck for a while, but we are finally seeing what is important and what is utterly useless. Overpaid, useless politicians. Social welfare at taxpayers' expense with no accountability. Institutions of higher learning that rib and exploit young people while offering a useless degree and debt, while tenured professors are basically fat parasites living off the servitude of young people who can't find paying jobs. And the list goes on. We could see societies on a global scale go back to simple living, learning skills, or knowledge that fixes problems and not teach victimhood as currency and a real responsibility to the community that results in positive action. One hundred years ago, you knew your neighbors and helped them when they were in need. Most people don't know they're neighbors name right now. I really think this was one of the goals of the virus scare. They want to eliminate most physical locations of commerce. Everything is to be done online - less travel, less mingling with other people, less competition, further economic globalization, elimination of thriving local economies, ultimately moving towards global technocratic communism. Things are a whole lot worse than you know. Historic highs, Monstrous lows; Everyone broke; Little hope. Sounds like a job for the WAR option. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the full truth, and nothing but the truth. THE American ECONOMY is COLLAPSING! This is THE WORST DEPRESSION IN HISTORY IS JUST AROUND THE CORNER, ONCE THE REST OF THE WORLD REALIZES THAT THE US DOLLAR IS WORTHLESS! The Day of Reckoning approaches. Most of these businesses have their doors still open only because they do not pay rent. Once they get evicted, they cannot pay their suppliers and employees, and the chain reactions begin. Meanwhile, Robinhood traders clicking their mouse and popping anti-depressants like they were tic-tacs, continue to buy their lottery ticket shares. The chaos will not be a sudden meteoric event. Instead, it will be a gradual and insidious process. The poor dumb American will be bankrupted and evicted in a controlled process. At least that's what the globalist have planned. But, by the very definition of "chaos," this will not be predictable by any means. We must rationalize the pandemic's aftermath in a thoughtful and mature way. Rashness and impulsiveness will not serve the cause of righteousness. Listen to what your conscience tells you. Follow ITS proddings... for that is the voice of God. Do not succumb to any "relief" initiatives given by the government. Seek civil disobedience movements. Deny vaccinations. Defy gubernatorial edicts. We must act as a hive. There's no way they can control a free-minded people. Huge swaths of "Main Street" properties are owned by Real Estate Investment Trusts and another high flying, HIGHLY leveraged investment consortium. A lot of Mom & Pop investors bought shares in these financially engineered Flim flams thinking they were investing in something tangible - real estate - not realizing that they were really investing in a complex smoke-and-mirrors shell game run by rogue accountants. Commercial Real Estate has, like everything else in the Financialization Of Everything world, been used as collateral for financial instruments running 25X - 50X - 100X leverage. It's subprime and jumbo mortgage meltdown version 2.0 waiting to happen, and once again, nobody could have seen this coming. Dang coronavirus! Everything was rock solid until that pesky bug showed up. Now the financial system is going to need another bazillion-dollar liquidity infusion from the Federal Reserve. The whole American economic system is very predatory and unforgiving and doesn't have any resilience when something disrupts it. In the end, it's the poor people who suffer, and most Americans could give a damn. It is a very poor system by any measure. The system was designed by the elites, for the sole benefit of the elites. 99.9 % of the population has been screwed every which way, and those that control the issue of money, simply get more wealthy and powerful. To end the Fed, one has got to bring down their masters. The Banksters are a gang of criminals - they are the head of that snake. We, the people, are definitely screwed! You don't pay your car loan; they take it. You don't pay your country's loans; they take it. Here is the kicker; they bought the country with the paper they print. PAYDAY!!!!!! Why have Americans allowed this to happen? Our forefathers properly warned us. This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉National Debt Can Never Be Paid -- Global Monetary Reset to Digital Weimar Currency Coming !!

👉National Debt Can Never Be Paid -- Global Monetary Reset to Digital Weimar Currency Coming !!



The national debt is already at an absurdly incomprehensible number like $23 trillion, and increasing by the minute. We're already in a mathematical fantasy land beyond the limits of human understanding. A stack of trillion-dollar bills would be 67,866 miles high, or more than one fourth the distance from the earth to the moon. This means the deficit before the pandemic would've been a stack of dollar bills more than five times as high as the distance to the moon. The national debt is never going to be paid. It will ALWAYS go up. The Fed WILL monetize the debt at negative interest rates. The treasury debt the Fed will hold will have an average negative yield. They will pay the treasury interest, but in reality, that will just require a wind-down of reinvestment, so it actually isn't anything real. These are all ledgers with lots of zeroes. At some point, the Fed will have to buy ALL of China's holdings as they liquidate, and then ALL the social security surplus holdings. And they will pay well to keep rates very, very low. With negative interest rates--people will pull their savings from banks and buy gold (if they have brains). Banks will not lend to get less back. Scared people will stop buying and start hoarding cash. The economy grinds to a halt. This is the GREAT IMPLOSION, coming soon to an economy near you. The Fed is creating a bubble economy. Once people understand it is all about the Fed, maybe things will change;But not until then. They are using fear and misinformation to herd the sheep where they want them to go seems to be what’s going on today. Even Powell, Yellen and Bernanke are telling the congress not to worry about the deficit. Just keep spending. What he doesn't tell this naive Congress, and the president is that getting the government to spend even more reduces the government's power, and increases the federal reserves power over America. They want the Congress to keep spending in order to make our government as bankrupt as possible. The more deficit spending on our governments part, the better for them. This is what the purpose of this coronavirus agenda is. Bankruptcy for all, and the transfer of all financial control into their hands. They want to remove all financial power from world governments and place all financial power in the hands of this secret fraternity at the very top, who are in control of this international banking system. Their target is the removal of the US dollar and replacing it with their long-desired,one world currency, owned and controlled by this secret fraternity at the very top. Yes, the domination of this world by way of the monetary system. It isn't apparent yet, but it will be, when they put the icing on this coronavirus cake by pulling the plug on the world markets and creating the biggest market collapse in history. Why? They are currently bankrupting our governments. Now they want to place us in a complete state of hopelessness by bankrupting all of us individuals also. So, in the end, the people who created this evil will present themselves as our saviors by making us an offer we will have no choice but to accept. Accept our one-world currency in place of all other currencies, including the US dollar, and we'll bail you out. As I said, they will leave us with no other choice but to accept. And due to their power of absolute secrecy, all we have the power to do is watch the show. Federal Reserve Chair Jerome Powell warned that the nation's unemployment rate could soar to 25 percent. Powell says a full economic recovery may not happen without a vaccine."Full Recovery Could Take Until End Of 2021. Will Require A Coronavirus Vaccine," Powell said in an interview with CBS’s “60 Minutes”.Why would a cartel banker/beancounter have a say as to whether a vaccine is needed or not? "Just following orders" will not be a defense, Powell. So, Fauci, the MD, became an economist, and Jerry Powell, the economist, is now a doctor. Do we live in a bizarro world ,or what! Those who wish to inoculate themselves against this flu should do so. If it works as advertised, they have their immunity. Those that do not wish to take the vaccine pose no threat to them. Compelling the rest of us to be vaccinated is going to be an interesting operation. A vaccine or market manipulation either will do it. The Fed has launched a series of efforts to keep markets functioning properly and has teamed with the Treasury Department on a variety of lending programs aimed at businesses and individuals. In addition, the Fed is buying corporate and municipal bonds. That’s come amid burgeoning unemployment crisis that has seen 36.5 million Americans file unemployment claims and the unemployment rate rise to 14.7%. Wall Street is just like Washington DC. It runs on loopholes. All you have to do is learn your way back and forth through the Maze of stupidity. The same people who sell the panic, sell the vaccine. Before COVID, there were 162 Million active workers. Current reports indicate there are 36 Million unemployed: so its at least 22%. However, this does not include part-time workers that were laid off and unable to file for unemployment benefits. It also does not include workers that have their hours cut. This party is just getting started . By this summer, the unemployment rate could top 40%, as the momentum builds. Those 36 Million workers aren't spending as they did. Probably more than 100 Million workers have dramatically cut spending. This is going to drive unemployment up much higher. Even if all states open up tomorrow, it is not going to be a return of business as usual. People are going to be reluctant to spend money, travel, eat out, etc., until they feel confident that the virus is gone and that the economy has stabilized. It is going to take many years. It took the US about ten years to fully recover from the 2008 crisis, and this one is much worse. People on the minimum wage have to spend 100% of their wages to survive. Billionaires spend 1%, with 99% disposable. They live, as opposed to surviving, on this. National Suicide, Expected to soar . The shooting starts shortly after the USD FRN reaches its intrinsic value as electrical bits and poorly absorbent toilet paper. Losing may be winning if the stupid masks, closures, distancing, handouts, bailouts, negative interest rates, alleged forced vaccination plans, etc. Turn fattened human flocks of idiot sheep into lean, hungry packs of intelligent wolves. Exciting times. That's what happens when counterfeiting enables deficit spending. Eventually, the world will realize the dollar is worthless with all this printing. Then this debt will be an issue and only an internal issue for us the Peasants. "It's the money, stupid." Founding Father axiom. It all depends on whether the US loses reserve currency status over a long period or a short period. The national debt is ballooning, and one day we would default on it. Math can only be stretched so long until an unstoppable force meets an immovable object. During 2008 bailouts, experts were saying, now is not the time to worry about the debt, we can address it once were past the crisis . The debt was never addressed, other than the Bowles/Simpson plan...which failed. I'm hearing the same thing now about this crisis and the staggering debt being piled on. Another frightening number on that debt clock is that of the total value of global derivatives. Judging by the fast-rolling number counter, it appears it's increasing by over$ 2.0m a second! Mind-blowing numbers, all just waiting to collapse when the defaults begin. Ever heard of 'marginal change' ?. The effect of one more unit on the whole. A sinking boat and that one pint of extra water that sends it to the bottom. A sinking economy with a Fed deficit. The effect of one more dollar of debt. The closer you get to the breakpoint, the more important the marginal change. Are we there yet? If not $25 trillion, then 25.1 trillion, 30 trillion, 400 trillion. Has it already happened? Is the economy finished, and we just don't know it? Already the word is out there is a massive problem. Interest rates are being forced lower because the country cannot afford to pay interest on the current debt. With low-interest rates, no one with a brain wants to lend the US money. The Fed has to step in. Now, the debt is faux debt (just zeros on the Fed balance sheet)-- and ready to implode. If this is not warning enough, what is? When I activated the US Debt Clock Time Machine for the year 2024 -- just four years from now -- it showed that at the current growth rate, we would see a national debt of $43.6 trillion! In four years! That is unsustainable! Something must be done right away to bring it down, or a disaster will occur within the next few years. America must pull its head out soon, or a calamity will soon occur! This is digital Weimar Currency. They won't even have the problem of printing on one side of a bill . That's why we are going to experience a monetary reset. This apparently happens to every monetary system not tethered to something that can't be printed out of thin air. That being said, The deficit can reach 50 Trillion or 100 Trillion! The small business issue came from the shutdown and excessive regulations for the most part. It will eventually become a problem, and the system will collapse. This shitshow will only get worse until the final collapse. So expect the unimaginable all the time going forward over the cliff. COVID was a convenient excuse the crash land this debt loaded, massively leveraged economy. The string-pullers opted for flight 1549 in the Hudson River rather than the Hindenburg zeppelin exploding and going down in flames. Strange how the Pandemic is so well coordinated and the New World Order "elites" are ALL singing the praises of an as-yet non-existent vaccine, which clearly is going to be compulsory with the implied threat of military force. The death rate in the non-high-risk groups, even using the inflated mortality numbers, is around 0.1%, so what is the scientific basis for a compulsory vaccination for all without any understanding of the risk/benefit equation for low-risk cohorts (most of the population)! Other than the social control . There remains the medical ethical principle of "Informed consent." Well, I am informed, and I don't consent. What then? Why are we still pretending that Covid-19 is a particularly deadly virus and that we must destroy ourselves out of fear of it? All those who want to be locked up forever should just go ahead and lock themselves up forever and leave us the hell alone. Why do people with horrific plans always insist that we have to join their suicide pact for our own good? The Hong Kong Flu of 1969 was way worse than this WuTangFlu, and they did not shut down the economy. This is an intentional sabotage of the world economy. The aims are many - to impose a worldwide plutocracy served by tech stooges and psycho scums, to impoverish people to the level they won't ever protest politically, to overthrow the role of people in politics that is on the rise ever since 1789. Call it whatever you want, but this is no pandemic. Get ready for millions of bankruptcies, loan defaults, and bank failures. Millions of retirees will lose almost all of what was promised as big pension funds fail. Powell admits it will get very ugly, and no one knows how or when this ends. If reopening brings on wave #2 and they have to close it all up again, kiss any recovery hopes goodbye. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Three TRILLION $ more debt planned and Powell says now is not the time to worry about it, only when the economy has recovered. What The hell ! We haven't worried about it for the last two decades since Cheney said "deficits don't matter." Our great economy has never been anything more than a bubble pumped up by endless debt thanks to the Fed Bank. The wealthy are doing great , and the bottom 50% are unemployed, maybe forever. The banksters are loving it and want to keep us shut down to do the most damage. We are in real trouble. Pray for a miracle. Bailouts, more printing, baby print, print. Insanity continues. With negative rates looming and is coming, FED can’t raise any rates higher, is too late for that, so their only option is going reverse, you are going to see some funny thing happening. The economy has been sparling for a long time, and not only in the U.S. Unprecedented access to cheap cash, lack of any fiscal responsibilities, plus mounted with other policies and reality has also produced a fallout. Now Banks is put a tight lid on “Line of credit access,” which basically is putting small businesses folks in the cold and not to mention others who have to meet certain obligation is putting them in a state of what is a sense. Lady in Casino dancing for the bosses is starting to sweat. She realizes she is expandable and no longer can entice them. MMT/QE’s etc. And top with it, they will squeeze the last amount of breath from anyone. ECB/Fed/BOJ and other Central Banks around the world, and don’t think China is excluded, fiat is fiat they flow same way just the value is different, are on a collision course of facing final act. Total Bankruptcy and insolvent of nations due to internal debt which is way beyond understanding and external debt of the rations to GDP debt, which is already putting heavy iron plates on their shoulders. They will default, and not only the U.S but all of them will not meet their obligation. So next scheme is Digital, but the game is the same; bosses are well aware of their needs. They all soft defaulted in 2008 when all of the major Central banks started QE, and never really stopped. The issue is now that with the shutdown of essential production, it is going to lead to shortages, leading to price controls\rationing and inflation. The entire industrialized world is switching over to third world status. I very much doubt digital will work. It just makes it much easier to create inflation, and it is 100% dependent on reliable data & power to function. The Government digital currencies will likely be too easy to print when they need it and will quickly collapse in value. The Achilles heel of the industrialized world economies is tax revenue need to balance government spending with production. Tax revenue as all but collapsed, while essential government spending has gone to the moon. The U.S. is a dollar exporter, and both parties' donors won't allow anything else. If we ran a trade surplus, Wall Street's casino would close. The American people don't understand how corrupt this country is. The aim is to fleece the people quickly into debt slavery, where the shirt on their back is owned by banksters. The powerless people on the bottom of the food chain get hurt the most, but the fat cats with political influence are able to get the big bailouts. Basically, the Fed has de facto created Royalty in the world. They are the elites, rich, bankers, and the well connected. They know that no matter what.The Fed will save them. The working man has no chance. The head of the country's financial system, Jay Powell, is saying the answer to the country's woes is social distancing and forced injections by the military. America is already finished as a country. The dollar will lose its status as the world's reserve currency. It won't be long, and we won't be able to trade our pretty pieces of paper in exchange for real goods and services. The federal government will have to spend at least a trillion less than it does now. We won't be able to get away with our trillion-dollar trade deficit much longer either. We've been getting a lot of Chinese products at artificially low prices for a long time. An iPhone would probably cost $5000 if it was made in America. Expect the 2020s to be a lot like the 1930s. This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

👉Pelosi Wants to Bailout K Street Corporate Lobbyists Despite The Ballooning National Debt !!

👉Pelosi Wants to Bailout K Street Corporate Lobbyists Despite The Ballooning National Debt !!



The US is facing a federal deficit of $4 trillion in 2020. Meanwhile, Washington may spend as much as $8 trillion in the stimulus. 4T dollars deficit this year, And with all these stimulus bills, we are already over 4T dollars, it will be a lot more. Treasury will now have to borrow an additional $3 trillion just for the remainder of 2020. Plus, 6 trillion added on the Fed balance sheet. The elephant in the room is Inflation. When it comes, It will be unlike any that we have ever witnessed before in the US. The system obviously is at the end of its shelf life. This test run must be exceeding the wildest expectations of its "engineers." Trump's economy has fallen on deficit ears. Make America Poor Again. As tens of millions of Americans lose their jobs during this pandemic, Congress is struggling to come up with another bailout. We have more than 33 million Americans that have lost their jobs in the last seven weeks. Those numbers are going to go up again in the next day or two when we get the new reports. While millions of American workers are desperate for a stimulus package of their own. 82 years and the third wealthiest member in the house Nancy Pelosi, is trying to pass a bailout for the k-street lobbyist. These lobbyists,million-dollar lobbying firms would now suddenly be able to take money out of the paycheck protection plan, which is the small business loan program that's designed to keep these mom-and-pop businesses running. But instead, Pelosi came out and said we want lobbyists to be able to raid it because they've spent a lot of money lobbying to get us to bail them out. Every dollar will go to all her wealthy, liberal bloodsucking friends. Not a dime to anyone else. Don't be a picker Nancy; a quadrillion is the new trillion. We are going to lose the dollar anyway, go BIG!!! You can bet your bottom dollar that anything Pelosi is trying to do is bad for the country. Judicial Watch is reporting that Pelosi tried to strip Voter ID laws from 35 states in the last COVID Bill. Can you imagine how screwed up she has to be pulling that up, instead of worrying about people out of work getting some support for food! If the virus doesn't get us, our degenerate Congress will. K Street refers to the area in downtown Washington, D.C., where many lobbyists, lawyers, and advocacy groups have their offices. It’s become a term to refer to the lobbying industry as a whole. K Street is widely criticized for the influence it exerts over politicians. Analysts argue that lobbyists working for, say, the pharmaceutical industry is influencing legislation in a way that benefits the industry, rather than the ordinary Americans. So Nancy Pelosi is bailing out those who pay her, so she is expecting a kickback for bailing them out. A bailout for the people who's greed caused the crash. This is a Corporate, Bankers takeover! It’s to the point that these politicians received so much money from the corporations for selling out the people that they no longer care what people think because they’re set for the rest of their lives. If this doesn't show you there's not much difference between parties; You'll never get it. They realized that the stupid voters would keep re-electing them no matter what they do. The $2.2 trillion coronavirus relief bill was just the beginning of a Washington lobbying bonanza . But lobbyists are rushing to get a piece of the action in case it evaporates with a cratering economy. They are so eager to bail out their buddies on wall st first. They are the first ones that get paid first while America is treated as second class citizens. We are used as a piggy bank for the rich. With their hand in the jar first. All we Americans are doing is keeping the rich , richer at our expense. K street shouldn’t get one single penny from the US taxpayers! They exist for the benefit of rich corporations. Nancy Pelosi must be removed from office NOW! The whole of American politics should be put in the lunatic asylum. Don’t forget; these are elected members of the house. Change 50% of the folks, and you will change the USA. Don’t blame the symptoms, blame the cause. Now they're just making fun of you Americans. And you're not on the streets because they've scared you with the new corona that has the same number of deaths like every other flu season. The numbers don't lie, unlike the politicians and media that we caught endless times lying. Imagine how they must be laughing at you, hell, even I am laughing right now at how ridiculous the theft has become. Lobbyists are hustling to influence the rules dictating how the first bundle of the stimulus money will be spent, and looking ahead to how to get their clients’ priorities into the next mammoth spending package. The Trump/Pelosi Stimulus Scam gave 6 trillion dollars to corporations and banks. Nothing for 33 million unemployed workers. No UBI. No healthcare. No re-election. Democrats and Republicans betrayed workers. Corporate Democrats work right alongside corporate Republicans. It’s idiotic to think that the corporate “Democrats” are any kind of opposition to Trump. That’s theater. They WANT four more years of Trump; they rubber-stamp all of his legislation. They are running their worst candidate, Biden, because they want Trump. Both are owned by the globalists. Wake up already!! When will the people in this country will realize that both Republicans and Democrats don't give a damn about us, and this is one huge theft! It's totally out of control. They don't even bother to hide it anymore. CHANGE will never happen by continuing to support the corrupt system that oppresses you. Both Republicans and Democrats are stealing all the wealth for the 1% as fast as they can under the guise of a Pandemic. Just look over there (China) while we passed a fake Stimulus Bill that gave all the TaxPayers Crumbs. 6 Trillion and most of it was given to the Big Corporations. I bet most Americans really believe it's China's Fault when they repeat it enough just like Iraq with WMD. They are all on board for the Fleecing Of America. When you GIVE billion to corporate welfare, and you spend trillions on Military defense and then print money with no backing. What do you think would happen. Our government is corrupt to the very top. Our system will inevitably self-destruct by its very design. All it took was a trigger to set everything in motion, and here it is. Now, we HAVE TO abandon the system that's finally failed us, in favor of one that CANNOT fail us by ITS very design. Let's embrace TRUE CHANGE for once. And NOT the 'change' that politicians promise us. Don't allow ignorance to be the fatal downfall of yourself and those YOU love. Biden or Trump? Why even bother to vote? The USA needs a radical political reform. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. The U.S. is printing money faster than the spread of coronavirus. At this rate, why don't they just let us all print our own on napkins; it will be as valuable as toilet paper. The limiting factor in the Weimar was ink, and the wages of the one group that could demand payment, the actual printers. Between the Fed printing, the mindless drooling Pelosi and toilet paper hoarders. I am surprised we have not killed every tree on the planet. They're going to print until the Dollar isn't even worth printing. Politicians are morons; they can't count. They have NO concept of how big of a number a trillion is. Every working American would have about $6k to pay for each $1T spent. (On top of whatever is there) . Therefore, the first $2T will consume about 20% of an average person paycheck. Now, this stupid cow wants another trillion dollars on top of all that! Americans can NOT afford this. Period! When you give away unlimited money, it shows what it's really worth. Here's how fractional reserve banking with debt-based fiat money works. Borrow $1 Trillion, that's debt. Banks lone out $10 Trillion, because $10 of loans with $1 debt reserve; the current reserve ratio is 10:1. The money supply grows by $10 trillion. Banks get about 10% interest on the loans, forever. You can't play this backward. You can't pay off the loans because paying it back shrinks the money supply, and the bankers have collected the interest already. It's all fun and games until you go bankrupt & lose reserve currency status. This does NOT sound positive for KING dollar. We are truly living in interesting times. According to most budget “experts,” Bush and Obama buried a combined $5 trillion in the sands of Iraq. Granted, over many years, but still burning it up would’ve been more productive. All this fake money is the root of all evil. Human existence has become nothing more than a scramble to keep your head above water for the privilege to continue scrambling to keep your head above water. It's when there is no food that gets really interesting! The only Bill I want to see from Congress is a balanced budget bill that reduces Government by 70%! We are now at the stage where we need to SHUTDOWN ALL government employee salaries, pensions, and health coverage. These are clearly extraneous expenses. Government employees, aka civil SERVANTS, ask not what your country can do for you. Ask what you can do for your country. It's time to step up to the plate as the patriots we KNOW you are and stop collecting YOUR paycheck for the good of this nation. We as a nation are under a state of emergency, so Mr. President I ask that you immediately under this emergency declaration cease and desist all payments to government employees and divert these resources to the productive citizens of these United States. Use the newly allocated monetary resources to invest in the facilitation of small businesses, the development of infrastructure, and the protection of the American way of Life, Liberty, and the Pursuit of Happiness protecting our Constitution and those unalienable rights. IT'S TIME. Things are becoming insane. The evil and perversion are getting worse, and governments and societies are collapsing. But yet so many people act like everything is normal. They go on with their normal daily lives like everything is fine, completely oblivious to the collapsing world around them. We can't keep going on like this, acting like everything is fine when the world is actually collapsing. Banks will reap the rewards of negative rates. Again, LEGALLY, they will reach into your account each month and withdraw funds while at the same time lending out 90% of your deposit and charge whatever RATE they like. It is legal theft on a grand scale. Enough with the Spending. To actually reduce the federal deficit, the real answer is “all of the above” cuts to spending and makes sure taxes are increased to cover actual costs. The idea that cutting taxes will somehow decrease the deficit was shown to be false when it didn’t work for President Reagan in the early ’80s. At least Reagan realized the deficit was dramatically increasing and passed a large tax increase in 1986 to at least minimize the deficit. Unfortunately, President George H. W. Bush made the foolish promise of “no new taxes” then realized that for the spending demanded of the Federal government, there was no option but to raise taxes. President Clinton sensibly kept vetoing tax cuts, and at the end of his term, the US had a budget surplus. Defense cuts. Entitlement cuts. Subsidies to energy and public land users. Reduction of federal agency workforce. When the economy is doing well, the budget deficit should be paid off so that in a downturn, there can be deficit spending to prevent a depression. Want a 21% cut in Federal spending? Eliminate interest on the debt by paying off the debt. Want to keep Federal spending down? When the economy is doing well, any increase in Federal spending must be paid for with tax increases. Want to go to war,no paying for it with existing revenues. Taxes go up to pay for it. This will make voters realize what the real cost of spending is. Want a rail system in your city? You pay for it, preferably out of the user fees. That is a way to get responsible spending of tax revenue. Otherwise, the continued deficit spending will result in even more tax dollars are simply going to pay interest. If the federal government now 'covers' the debt of the states that have spent irresponsibility, it will only encourage more of the same. Bankruptcy is the only sensible recourse for those states with all sides taking an equal hit, so it never happens again. That includes the banks, the Unions, and the bondholders. This so-called flu virus was there excuse to do Q E. to save there ass's..!!! It's the same ole song and dance again. Yup, everything is going according to the pandemic, I wonder if the sheeple will ever realize they lost their jobs, homes, and businesses for absolutely nothing. America faces an unparalleled economic catastrophe. What retail sales cratering tell us is two things. First, people stay home, in times like these, even if they can go out and shop. Second, they consume less because their optimism is gone. As the economy adapts to a permanently lower level of spending, a wave of businesses will have to shutters its doors, meaning today’s job losses become permanent, and that is how a whole economy grows poorer. A new pool of people will then have to compete for what jobs there are on offer. That will erode the bargaining power of workers, so incomes will fall further. And what jobs are on offer are dead-end, go-nowhere jobs mostly, anyways: "low wage service jobs," which is the modern American pundit’s way of saying: "you’re a servant all over again, just like your grandparents maybe were." Poof! There go whole centuries of progress. No, I’m not kidding. An economy of people driving Ubers and delivering Instacarts and selling pallets on Amazon isn’t one of the people reaching their potential. It’s not one of the great discoveries and breakthroughs and creativity and imagination, and freedom. It’s just one of soul-crushing menial labor. That is what it means for an economy to grow poorer. The human potential goes up in smoke, and history rewinds. Instead of that chance to become that great artist, novelist, scientist, entrepreneur, yes, you wind up a glorified servant. You could have been something, but now you drive an Uber by day and sell stuff on Amazon by night, just to put food on the table. As a result, society itself grows impoverished in the truest way of all the things you might have created. Maybe you would have discovered that cure, or written that chronicle of the pandemic, or made that documentary, or employed a few hundred people. Now? You’re just another servant, in an economy of them. This is what most economies through history have always been, sadly, and that is why progress means the freedom not to live in the servitude that comes from poverty. Depressions do more harm than we fully know. Americans haven’t suffered one in recent history, but they’re about to. And they’re about to learn, the hard way. Depressions are things for which we have no good words. The opposite of seeds: things which undo harvests and unmake gardens. They are like viruses of the human spirit. They take us backward in time, as they plunge us downwards into the abyss. Headlong enough that way, and you find yourself in a dark age. But that perhaps, is just where foolish, brutal, indecent men like Donald J Trump have always been living and want the rest of us to, too. Rest in Peace, American Economy. ZOMBIE BAILOUT NATION! Got gold? Real, physical gold? I feel that soon the public, the media and "investors" will not only learn why gold is essential but will also find out what today's "money" is good for This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.