Thursday, March 31, 2022

"Economic Market Snapshot 3/31/22"

Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
"Economic Market Snapshot 3/31/22"
Updated as available.
MarketWatch Market Summary, Live Updates
CNN Market Data:
CNN Fear And Greed Index:
Latest Market Analysis, Updated 3/31/22
A comprehensive, essential daily read.
March 30 to 31st
Financial Stress Index
"The OFR Financial Stress Index (OFR FSI) is a daily market-based snapshot of stress in global financial markets. It is constructed from 33 financial market variables, such as yield spreads, valuation measures, and interest rates. The OFR FSI is positive when stress levels are above average, and negative when stress levels are below average. The OFR FSI incorporates five categories of indicators: creditequity valuationfunding, safe assets and volatility. The FSI shows stress contributions by three regions: United Statesother advanced economies, and emerging markets."
Daily Job Cuts
Commentary, highly recommended:
"The more I see of the monied classes,
the better I understand the guillotine."
- George Bernard Shaw
Oh yeah...
And now... The End Game...

Gregory Mannarino, "The Economy Continues Its Freefall, No End In Sight"

Gregory Mannarino, AM 3/31/22:
"The Economy Continues Its Freefall, No End In Sight"
"Thus did a handful of rapacious citizens come to control all that was worth controlling in America. Thus was the savage and stupid and entirely inappropriate and unnecessary and humorless American class system created. Honest, industrious, peaceful citizens were classed as bloodsuckers, if they asked to be paid a living wage. And they saw that praise was reserved henceforth for those who devised means of getting paid enormously for committing crimes against which no laws had been passed. Thus the American dream turned belly up, turned green, bobbed to the scummy surface of cupidity unlimited, filled with gas, went bang in the noonday sun."
- Kurt Vonnegut, "God Bless You, Mr. Rosewater"

Wednesday, March 30, 2022

"We Are About To See Catastrophic Times; Mortgage Refis Plunge; Addiction"

Jeremiah Babe, PM 3/30/22:
"We Are About To See Catastrophic Times; 
Mortgage Refis Plunge; Addiction"

"Chinese Lockdowns Aggravate Shipping Crisis As Freight Rate Spikes Trigger Panic On Supply Chains"

Full screen recommended.
"Chinese Lockdowns Aggravate Shipping Crisis 
As Freight Rate Spikes Trigger Panic On Supply Chains"
by Epic Economist

"The supply chain chaos continues to grow and spread at an alarming pace. Right now, ports and warehouses in China are extremely log-jammed as a consequence of strict testing protocols imposed on one of the nation’s biggest cities after an outbreak was detected a couple of weeks ago. At least 180 container vessels are still stuck at sea outside Shanghai-Ningbo, the city’s main port. Meanwhile, in Shenzhen, a major manufacturing center in the country’s south, trucking costs have jumped by 300 percent due to a backlog of orders and a shortage of drivers following the introduction of health-crisis-related restrictions. This whole situation has triggered ripple effects on US ports and supply chains, which have been plagued by prolonged delivery delays, soaring shipping costs, and exceedingly long lines of container ships waiting for a slot to unload amid the worst congestion on record.

On top of that, vessel capacity is severely strained. Given that more than a million containers that typically travel around the globe by train every day, on a route that goes from China through Russia, are now being forced to make their journey by sea due to Western sanctions, disruptions are piling up with each passing day. Supply chain experts explain that if the health crisis, which sparked an extraordinary surge on consumer demand, pushed supply chains to the edge, the worsening conflict between Russia and Ukraine and China’s zero-tolerance policies as well as continuing lockdowns, are threatening to break it completely

Several US companies are now scrambling to improve resilience and are trying to come up with new measures to prevent disruptions in their operations that result from the ongoing chaos in Chinese ports. Most solutions, however, seem impractical so far. According to an expert on foreign trade at the Center for Strategic and International Studies, William Reinsch, ideas about disentangling supply chains completely, by moving US manufacturing out of China, for instance, are unrealistic. “When everything is made everywhere, and a piece of the puzzle is suddenly not available for whatever reason, everything kind of grinds to a halt,” the expert says.

In fact, many other problems are about to simultaneously impact the U.S. Even though official numbers say that congestion has been easing in the ports of Los Angeles and Long Beach, that is happening because container ships are being required to anchor farther offshore, where they’re not visible from land, a move that is essentially cosmetic in nature, but it hides the reality in which dockworkers are having to face every day.

Right now, consumer prices are already at the highest level they’ve been in over 40 years. But to make things worse, port congestion can still push these higher costs to even more absurd levels as it drives shipping and freight rates up. The more congestion, the lower the effective ship supply and the higher the value of vessels in the freight market, explained Evangelos Chatzis, CFO of Danaos. The executive said that 25-year-old smaller feeder ships are being rented for $30,000 per day. “This is a spectacular number that we have never seen before.”

We must remember that at the end of the day, all of these shocking increases in shipping costs are going to push consumer prices to stratospheric levels. The supply chain crisis isn’t going to be fixed any time soon, and at the moment, the storm clouds on the horizon look quite menacing. The bottom line is that an already complicated picture has become even more complex, and now fears of food shortages, a worsening cost of living crisis, and soaring energy prices are about to bring unimaginable consequences and inflame civil and geopolitical tensions for the rest of the world."

Celente and the Judge, "Bush And His Tortures. Get Out Of Guantanamo"

Full screen recommended.
Celente and the Judge, 
"Bush And His Tortures. Get Out Of Guantanamo"
"The Trends Journal is a weekly magazine analyzing global current events forming future trends. Our mission is to present Facts and Truth over fear and propaganda to help subscribers prepare for What’s Next in these increasingly turbulent times."

Musical Interlude: Liquid Mind, "Dream Ten"

Liquid Mind, "Dream Ten"
"Is the beauty of the Whole really enhanced by our agony? And is the Whole really beautiful? And what is beauty? Throughout all his existence man has been striving to hear the music of the spheres, and has seemed to himself once and again to catch some phrase of it, or even a hint of the whole form of it. Yet he can never be sure that he has truly heard it, nor even that there is any such perfect music at all to be heard. Inevitably so, for if it exists, it is not for him in his littleness. But one thing is certain. Man himself, at the very least, is music, a brave theme that makes music also of its vast accompaniment, its matrix of storms and stars. Man himself in his degree is eternally a beauty in the eternal form of things. It is very good to have been man. And so we may go forward together with laughter in our hearts, and peace, thankful for the past, and for our own courage. For we shall make after all a fair conclusion to this brief music that is man." 
- Olaf Stapledon, "Last and First Men"
Freely download "Last and First Men", by Olaf Stapledon, here:

"A Look to the Heavens"

"Peculiar spiral galaxy Arp 78 is found within the boundaries of the head strong constellation Aries. Some 100 million light-years beyond the stars and nebulae of our Milky Way galaxy, the island universe is over 100,000 light-years across. Also known as NGC 772, it sports a prominent, outer spiral arm in this detailed cosmic portrait from the large Gemini North telescope near the summit of Maunakea, Hawaii, planet Earth. 
Tracking along sweeping dust lanes and lined with young blue star clusters, Arp 78's spiral arm is likely pumped-up by galactic-scale gravitational tidal interactions The close companion galaxy responsible is NGC 770, located off the upper right of this frame. But more distant background galaxies are clearly visible in the cosmic field of view."

"Here And There..."

"But what a universe, anyhow! No use blaming human-beings for what they were. Everything was made so that it had to torture something else. Sirius himself was no exception, of course. Made that way! Nothing was responsible for being by nature predatory on other things, dog on rabbit and Argentine beef, man on nearly everything, bugs and microbes on man, and of course man himself on man. (Nothing but man was really cruel, vindictive, except perhaps the loathly cat). Everything desperately struggling to keep its nose above water for a few breaths before its strength inevitably failed and down it went, pressed under by something else. And beyond, those brainless, handless idiotic stars, lazing away so importantly for nothing. 

Here and there some speck of a planet dominated by some half-awake intelligence like humanity. And here and there on such planets, one or two poor little spirits waking up and wondering what in the hell everything was for, what it was all about, what they could make of themselves; and glimpsing in a muddled way what their potentiality was, and feebly trying to express it, but always failing, always missing fire, and very often feeling themselves breaking up as he himself was doing. Just now and then they might feel the real thing, in some creative work, or in sweet community with another little spirit, or with others. Just now and then they seemed somehow to create or to be gathered up into something lovelier than their individual selves, something which demanded their selves sacrifice and yet have their selves new life. But how precariously, torturingly; and only just for a flicker of time! Their whole life-time would only be a flicker in the whole of titanic time. Even when all the worlds have frozen or exploded, and all the suns gone dead and cold therewill still be time. Oh God, what for?"
 - Olaf Stapledon, "Sirius: A Fantasy of Love and Discord"
Freely download "Sirius: A Fantasy of Love and Discord",
by Olaf Stapledon, here:

"Only Americans Could Ruin America"

"Only Americans Could Ruin America"
by Brian Maher

“God has a special providence for fools, 
drunkards and the United States of America.”

"Thus concluded 19th-century Germany’s Otto von Bismarck - the Iron Chancellor. The years have heavily affirmed the Teutonic autocrat. All available evidence indicates it is true. And of these God-blessed categories, we conclude God has most blessed the United States of America. She has absorbed more divine favor than the most foolish fool or the drunkest drunkard.

Let us first consider God’s providence for fools and drunkards. Their very existence constitutes proof of His benevolent interventions in this fallen world of sin and vice. How else can you explain their superabundance among us?

Darwin Awards: Leave these gentlemen and ladies to their foolish and drunken ways. It is unlikely many would survive evolution’s ruthless crucible. Pertaining to fools specifically, we refer you to the “Darwin Award.” Explains Wikipedia: "The Darwin Awards are a tongue-in-cheek honor… [that] recognize individuals who have supposedly contributed to human evolution by selecting themselves out of the gene pool by dying or becoming sterilized via their own stupid actions."

Imagine a skydiver who had neglected to strap himself to a parachute. Imagine a tourist taking a “selfie” upon the ledge of a sheer cliff to capture his view… and losing his footing. Now you have the flavor of it. Yet fools proliferate among us nonetheless… as weeds, rats and venereal disease proliferate among us.

We must conclude God has the majority of fools invisibly by the hand. He eases them across life’s dark and treacherous valley. Thus He exempts them from Charles Darwin and his ruthless rules of survival.

Washington: Magnet for Fools: Incidentally, the United States capital appears a sort of magnet for fools. Do you require proof? Look merely to the Capitol Building. Look merely to the White House. Look merely to the Eccles Building. There you will find your proof.

Why they congregate disproportionately in Washington, we do not know precisely. Incidentally, here the fool and the drunkard often combine in the same person. We will not reveal their identities. Our attorneys counsel us to keep it dark. If the Internal Revenue Service has ever selected you for special scrutiny, you will understand. Why the Almighty smiles upon these fortunates we do not know. His ways are mysterious… and famously mysterious.

That drunkards enjoy God’s inscrutable, paternalistic favor scarcely requires explanation. It is obvious enough. Let us now consider God’s special providence for the United States of America…

God’s Chosen Land: God filled two oceans - one Atlantic, one Pacific - to moat it off from marauders. Russia may have its “General Winter,” it is true. Messieurs Bonaparte and Hitler can attest to his formidability. Yet the Russian General Winter is nothing against Admirals Atlantic and Pacific of the United States Navy.

Meantime, God emplaced two geopolitical runts against American land borders - one to the north - one to the south. It is like surrounding a cat with mice.

God furthermore blessed the United States with vast tracts of fertile, bountiful land… an extended capillary system of internal waterways… natural harbors from which to send things out and to take things in. What other nation has enjoyed such natural, God-granted riches?

God’s Less Favored Nations: An England or a Japan may have its points. For example, the sea forms a high wall against invasion. A tempest blew away the Spanish Armada in 1588 when it adventured an English invasion. And two “divine winds” spared Japan from Mongol invasions in 1274 and 1281 - or so the legends have it. Yet England and Japan are island nations. God did not favor them with abundances of natural resources. They must therefore bus them in… which represents a severe vulnerability.

The German U-boat fleet nearly hollowed England out in the Second World War. The American submarine fleet did hollow out Japan during the same world war. What about Germany? She too lacks divine favor. She is squeezed geopolitically between the French and Russian vise. German adventurism in 1914 and 1939 were in part efforts to break the squeeze. And the flat geography of its north… with its absence of natural barriers… renders Germany eternally vulnerable to invasion from east or west.

France - meantime - is eternally vulnerable to Germany. Russia too is massively vulnerable to uninvited visitors… as history documents richly. And despite its immense bulk it is boxed in by winter ice that chokes its coasts. Why do you think Mr. Putin fixates so monomaniacally upon Crimea? Its warmwater port of Sevastopol is the historical home of Russia’s Black Sea Fleet.

We must next consider China…

The Celestial Kingdom: China believes it is the Celestial Kingdom, uniquely favored by God. Yet we are not half-convinced it is true. Why else would China require a Great Wall against invasion? And it is bottled in by a chain of fortresses stationed off its coast - South Korea, Japan, Taiwan and the Philippines. All ally themselves with God’s chosen nation, the United States, to maintain the cordon.

But let us extend our investigation beneath the global equator. Consider Brazil… “Brazil is the country of the future,” runs the old saw - and “always will be.” Much of it is lawless jungle. It lacks arable land. Its primary cities are isolated dots, accessible primarily by air.

The list of second- and third-rate nations runs on. Again, we must conclude: God has sat America down on Earth’s throne.

God’s Sense of Humor: Has God given it a Baltimore… a Detroit and a Cleveland? Has He populated its capital with rogues, rascals, cadges, chiselers, grifters and swindlers, with fools and drunkards? Well, friends, maybe He has. Yet He has a mischievous, even puckish sense of humor. He delights in pulling noses.

Yet the central fact remains: He has nonetheless showered America with such immense natural extravagance. In quiet moments, often in the small hours of night, we often marvel. Why are we so fortunate as to reside in this Eden, this El Dorado, this Elysium? Countless others in the world’s various hells are infinitely more deserving. Yet we conclude the Almighty must have His reason… and we are consoled.

Only Americans Could Ruin America: America is indeed so blessed, only Americans themselves could make a botch of it. And it appears we are determined to botch it…

It is Americans who transformed America from a creditor nation to a debtor nation…

It is Americans who have shoveled ourselves into a $30 trillion debt hole - a $280 trillion debt hole when factoring all debts, public and private…

It is Americans who have wasted trillions and trillions of dollars buccaneering around the globe in ill-conceived, ill-planned and ill-starred wars of choice…

It is Americans who impose sanctions on foreign nations… sanctions that will likely hasten the dollar’s demise as the world’s primary reserve currency… and hence hasten America’s economic falling…

It is Americans who assume God’s special providence is limitless, that it will continue, forevermore, world without end.

Yet we hazard that even God’s providence has its limits. How much more He will shower upon the United States of America, we do not know. Yet we fear the United States of America may soon require God’s special providence as never before…"

Gregory Mannarino, "The UN Warns Of "CATASTROPHIC" Global Food Shortages; Corporate Profits Hit Record High"

Gregory Mannarino, PM 3/30/22:
"The UN Warns Of "CATASTROPHIC" Global Food Shortages; 
Corporate Profits Hit Record High"

"Banks Win, We Lose! Higher Fees and Credit Lines Cut"

Full screen recommended.
Dan, I Allegedly, 3/30/22:
"Banks Win, We Lose! Higher Fees and Credit Lines Cut"
"This is an avoidable. Banks for charging more for fees than ever. They are cutting our credit lines. They are closing branches around the world. Banks are winning and we are losing."

Bill Bonner, "Time to Sell!"

"Time to Sell!"
by Bill Bonner

San Martin, Argentina - "Time to sell! There are times to weep and times to laugh. And times to buy and times to sell. Yesterday, we heard from former Treasury Secretary Larry Summers. He argued that the Fed has not yet recognized the magnitude of its errors. It kept interest rates too low for too long, failed to see rising inflation, failed to realize that it was not ‘transitory,’ and then failed to take any serious steps to stop it. It was ‘sleepwalking’… while inflation rose to the highest levels in 40 years. Calculated honestly, US inflation may already be at its highest levels ever.

But the burden of today’s note is that millions of investors and homeowners may suffer from somnambulance too… and could soon step right off the edge. “It’s crazy down here,” says our son, describing the real estate market in his area of South Florida. “I wanted to move to a different house. But the prices have gone up so far, so fast that they are just out of my reach. There was a house over by the inter-coastal that I wanted. I had looked at it a couple of years ago. And when I saw it on the market again last week, I thought it might be worth another look. But they want more than $4 million. Incredible.”

Unhinged from Reality: Rents in Miami have been rising at the fastest pace in the nation. The South Florida Business Journal reports that landlords, in neighborhoods such as Delray Beach, are “making a killing.” They’re raising rents by 30% a year… and more. As for real estate sales, Norada Real Estate reports: "It is a seller’s market with many sellers getting top dollar… The Miami real estate market continues to break records due to pent-up demand and low mortgage rates which continue to fuel real estate transactions.

Miami's hot housing market, fueled by domestic and international homebuyers, ended 2021 with 39,394 existing total home sales, up 49.5% from the 26,345 transactions in 2020 and 31.1 percent from the previous annual record of 30,041 transactions in 2013. Miami's dollar volume of sales will reach $30.3 billion in 2021, a 103.4 percent annual increase.

The typical value of homes in Miami-Fort Lauderdale-West Palm Beach Metro is $397,603. This value is seasonally adjusted and only includes the middle price tier of homes. Miami-Fort Lauderdale-West Palm Beach Metro home values have gone up 22.3% over the past year and Zillow predicts they will rise 16.2% in the next twelve months."

Real estate prices are becoming “unhinged from fundamentals,” says the Dallas Federal Reserve bank. Bloomberg reports: “Our evidence points to abnormal U.S. housing market behavior for the first time since the boom of the early 2000s,” the Dallas Fed researchers wrote, citing data to measure “exuberance” on property markets that they’ve developed with scholars around the world as part of the International Housing Observatory."

The measure suggests that “the U.S. housing market has been showing signs of exuberance for more than five consecutive quarters through third quarter 2021,” they wrote. The surge in home prices has continued since then. Yes, and behind the unhinged real estate boom are the Fed’s unhinged interest rate policies. The amateurs saw that they could ‘trade up’ by rolling over real estate debt at lower and lower rates. And the pros found that they could borrow money below the rate of inflation and make a profit by buying residential units and renting them out – en masse.

Swings Both Ways: Recently, about a third of house purchases were being made by investors, not owner-occupiers. This buying pressure then pushed up prices and left prospective homeowners scrambling to find a place to live. Type in “Room for Rent” on Bing search and you get 20 million results.

But the hinge swings both ways. The interest rate cycle seems to have run its course, with the yield on the benchmark 10-year Treasury Note hitting a record low in July 2020. Since then, the yield has swung back from 0.51% to 2.4% today. This may not sound like a lot, but the rise in yields, worldwide, has already caused bond investors to lose about $5 trillion. And now mortgage rates are spiking up. Homeowners face 5% mortgages.

Our guess, for what it is worth, is that mortgage rates will continue to rise, for many years. (Interest rate cycles tend to last a very long time.) Refinancers will be unable to keep up with the monthly payments… houses will go back on the market at lower prices… and recent buyers will wish they had waited until after the bust."

The Daily "Near You?"

Mustang, Oklahoma, USA. Thanks for stopping by!

"What Can We Know?"

What can we know? What are we all?
Poor silly half-brained things peering out at the infinite,
with the aspirations of angels and the instincts of beasts."
- Sir Arthur Conan Doyle

"Homo sapiens is a spider trying to crawl out of a basin. The higher he crawls, the steeper the hill. Sooner or later, down he goes. So long as he's on the bottom, he can get along quite nicely, but as soon as he starts climbing, he begins to slip. And the higher he climbs the farther he falls. It doesn't matter which direction he tries. He can make civilization after civilization, but every time, long before he begins to be really civilized, skid!"
 - Olaf Stapledon, "Odd John"

Free Download: Olaf Stapledon, "Star Maker"

"In this passionately social world, loneliness dogged the spirit. People were constantly getting together, but they never really got there. Everyone was terrified of being alone with himself; yet in company, in spite of the universal assumption of comradeship, these strange beings remained as remote from one another as the stars. For everyone searched his neighbor's eyes for the image of himself, and never saw anything else. Or if he did, he was outraged and terrified."
 Olaf Stapledon, "Star Maker"

Freely download "Star Maker", by Olaf Stapledon, here:

"I Wish..."

"I had an experience... I can't prove it, I can't even explain it, but everything that I know as a human being, everything that I am tells me that it was real! I was given something wonderful, something that changed me forever... A vision of the universe that tells us, undeniably, how tiny, and insignificant and how... rare, and precious we all are! A vision that tells us that we belong to something that is greater than ourselves, that we are not - that none of us - are alone! I wish I could share that. I wish, that everyone, if only for one moment, could feel that awe, and humility, and hope. But... that continues to be my wish."
- "Ellie Arroway", "Contact" by Carl Sagan

The Poet: Czeslaw Milosz, “A Song On The End Of The World”

“A Song On The End Of The World”

“On the day the world ends
A bee circles a clover,
A fisherman mends a glimmering net.
Happy porpoises jump in the sea,
By the rainspout young sparrows are playing
And the snake is gold-skinned as it should always be.

On the day the world ends
Women walk through the fields under their umbrellas,
A drunkard grows sleepy at the edge of a lawn,
Vegetable peddlers shout in the street
And a yellow-sailed boat comes nearer the island,
The voice of a violin lasts in the air
And leads into a starry night.

And those who expected lightning and thunder
Are disappointed.
And those who expected signs and archangels’ trumps
Do not believe it is happening now.
As long as the sun and the moon are above,
As long as the bumblebee visits a rose,
As long as rosy infants are born
No one believes it is happening now.

Only a white-haired old man, who would be a prophet
Yet is not a prophet, for he’s much too busy,
Repeats while he binds his tomatoes:
There will be no other end of the world,
There will be no other end of the world.”

~  Czeslaw Milosz

"You Can Never Tell..."

"You can never tell what people have inside them
until you start taking it away, one hope at a time."
- Gregory David Roberts

An Absolute Must Watch! Greg Hunter, "Climate Engineering Real Cause of Coming Food Shortage"

"Climate Engineering Real Cause of Coming Food Shortage"
By Greg Hunter’s USAWatchdog.com

"Climate engineering researcher Dane Wigington contends the coming food shortage that President Biden recently mentioned is not because of the Ukraine/Russia conflict. Wigington explains, “The bottom line is we have crops collapsing all over the globe. Although the causes are many climate engineering must be considered a core causal factor at this point. The assault against food producing regions has been relentless. We can only consider it an assault against food production at this time.”

Wigington says time is short and predicts, “Based on the current rate of UV (ultraviolet) increase, it appears we may have a functional Ozone layer collapse in as little as 18 months. Nothing grows then. The heat in California is relentless, as well, because climate engineers are keeping a high pressure heat dome over the western U.S. For photosynthesis, as we approach 104 degrees, photosynthesis tapers off, and at 104 degrees, it stops completely. To blame the food shortages coming on the Russia/Ukraine scenario is to simply scapegoat it. Climate engineering is the single biggest factor in the equation for the destruction of food production.”

It’s not just food production that is going to take a hit, but coastal communities and cities could be facing massively rising sea levels in a relatively short amount of time. Wigington says, “As we lose the Cryosphere, there is enough ice in Antarctica to raise sea levels 197 feet. In Greenland, there is enough ice to raise it another 21 to 24 feet. As the ice slides off these land masses, the land begins to rise up out of the ocean. That is called ‘glacial rebound,’ and that can raise the sea levels even further. When the power structure cannot hide the severity of what is unfolding, you just can’t shut off this kind of thermal inertia. When they just can’t hide it and people panic, that’s when the law of the jungle will truly prevail. We are perilously close to that point.”

The planet is in total meltdown right now. It is melting down at a rate of seven Hiroshima bombs per second. It’s not just crops collapsing, but oceans are collapsing. We have ocean ecosystems all over the globe collapsing. If you watch the mainstream media, it is a total distraction, and people are totally missing the point. Who cares about the price of gas if you have nothing to eat, and we are almost there. We simply have to stop geoengineering very soon or we are not going to have anything to salvage. If everyone can work together to reach a critical mass awareness, we can wake up our military brothers and sisters and those participating with private defense contractors. We have a chance of stopping these programs from the inside out. Then, we can allow the planet to respond on its own. We need to convey that blaming Russia on the coming food collapse is not reality. If we can pull back the curtain  we may have a chance to salvage at least part of what remains of the planet’s life support system.”

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with 
climate researcher Dane Wigington, founder of GeoEngineeringWatch.org
(There is much more in the 41 min. interview.)
After the Interview: 
There is vast and totally free information on GeoEngineeringWatch.org.


"Sudden Death - Coming To Grips With The 
Planet-scale Extermination That's Being Unleashed"
by Mike Adams

"Today's Situation Update podcast is entitled, "Sudden Death." It's both a description of what I just experienced with the loss of a beloved ranch animal late last night, as well as an observation about the globalists waging total war on humanity and thereby achieving the mass extermination of billions of human beings.

The sad, blatant truth is that we are all going to have to come to grips with people dying all around us. This includes people you know, people you love and people you once considered friends, neighbors or coworkers.

Then there's the engineered food scarcity. At the federal level, every effort is being made to destroy food production, including the USDA paying farmers to destroy their own crops, as the video below reveals.

It's all part of the engineered, weaponized food scarcity that's being unleashed on the world in conjunction with planned bioweapons attacks, spike protein biological assaults and a global economic collapse."
OMG, connect the dots, this explains it ALL...God help us...

"How It Really Is"


"Massive Price Increases At Walmart! - What's Coming? - What's Next?"

Full screen recommended.
Adventures with Danno, 3/30/22:
"Massive Price Increases At Walmart! - 
What's Coming? - What's Next?"
"In today's vlog we are at Walmart and are noticing massive price increases! We are here to check out skyrocketing prices, and a lot of empty shelves! It's getting rough out here as stores seem to be struggling with getting products!"
Related:
"The US Economy is on the Brink"
by Chris Black

"Trade to the USA has almost stopped. There is hardly anything on the shelves and new product development has been pushed back at most companies. Profitability is a huge concern as prices jumped 20% on most items. Even that isn’t enough. Consumers have no idea what is coming later this year.

What ends up on the shelf in September, is bought in January. The same product that was $50 retail has been bought with a wholesale price that necessitates a $75 retail price this fall, if the containers even show up. Products that were supposed to be available at the start of February still aren’t on the shelves. I’ve also noticed that many of the gadget blogs can barely find enough to write a half dozen posts a day.

The auto industry is dead. Supposedly there are cars available, but every lot I drive by is empty. Apparently you can go in and order a car, but you’ll wait four to six months to get it. The US economy is now based on sitting on your ass ordering food through an app, trading MEME stocks while you watch garbage shows on streaming services.

If you have $10k to invest and use 10:1 leverage, you can make $100k profit off trading GameStop or other MEME stocks in a week. 90% of the available jobs in America pay less than $40k per year. That is why nobody wants them.

The US economy has been turned into a table game at a seedy casino off The Strip."
BLOOMBERG: “Inflation will mean the average U.S. household has to spend an extra $5,200 this year ($433 per month) compared to last year.” Danielle DiMartino Booth: “Living on early withdrawal of Social Security wasn’t realistic before inflation took off. Now it’s impossible.”

Gregory Mannarino, "Corporate Profits Take Off As The Middle Class Gets Eliminated"

Gregory Mannarino, AM 3/30/22:
"Corporate Profits Take Off As 
The Middle Class Gets Eliminated"

"Marie Antoinette Is Alive and Well"

"Marie Antoinette Is Alive and Well"
by Jim Rickards

"How are you enjoying the rampant inflation we’re seeing? Well, Teresa Ghilarducci, a professor at the New School for Social Research, thinks you should just deal with it. She should be awarded the Marie Antoinette Prize for arrogant comments made just before a revolution.

Just to refresh your memory: Prior to the French Revolution, in response to a report that French peasants had no bread, the former Princess Marie, wife of King Louis XVI, is reported to have said, “Let them eat cake.” Cake is the English translation of la brioche, a kind of bread enriched with butter and eggs and considered a luxury. For 230 years, “Let them eat cake” has been the symbol of out-of-touch elites with no sympathy for everyday people and no sense of the difficulty in their lives. Now comes Professor Ghilarducci to raise the bar...

Just Ride the Subway, Eat Lentils and Let Your Pet Die: She’s dispensing advice to Americans struggling with declining real incomes and out-of-control inflation. She begins by saying her advice is for those making less than $300,000 per year. That’s about 99% of the population, but Professor Ghilarducci probably doesn’t know any of them. In her elite world, she and her friends make at least $300,000 and many make far more. So she’s writing to the U.S. peasants. What advice does she give?

She writes, “Those most affected will adjust to inflation in the classic way by shifting away from relatively expensive items toward close substitutes.” In other words, the peasants will have to lower their standard of living.

She suggests not using your car as much and taking public transportation. That's fine for professors who live in New York City (although I doubt Ghilarducci goes in the subway much because of the platform pushers, slashers and armed robbers), but it doesn’t work for the vast majority of Americans who live in suburbs or rural areas.

Prices of meat are going up and they’ll go up more. Ghilarducci’s advice is to eat “tasty meat substitutes” like lentils and beans. If you’re a pet owner, she suggests skipping veterinary care.

So there you have it: Take the bus, eat beans, skip the new clothes and let your pets die. Ghilarducci’s advice is repugnant. Still, it serves the purpose of reminding all of us how snobbish and detached the elites really are. My advice is to ignore professors, don’t listen to government officials, stick to common sense and vote all of the politicians, Republican and Democrat, out of office the first chance you get.

The Fed Is Far Behind the Curve: Unfortunately, inflation is likely to get worse. At the Fed’s March meeting, they raised rates from 0.00% to 0.25%. But with annualized inflation running at 7.9% (and even higher for energy prices), the Fed’s move was pathetically small. It simply highlighted how far behind the curve the Fed actually is.

Chairman Powell has signaled to markets that the Fed will move repeatedly and aggressively to fight inflation. He has admitted that Fed forecasts of inflation in mid-to-late 2021 had been far off. He seems determined to make up for lost time. At the March meeting Powell said, “We will take the necessary steps to ensure a return to price stability. In particular, if we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points at a meeting or meetings, we will do so.”

This is a clear signal that the Fed may raise interest rates as much as 0.50% at a time and do so at multiple meetings. The chair of the Fed does not make announcements of this type without following through. But is it enough?

The Fed Would Need 8% Rates to Tackle Inflation: Even if the Fed raises rates 0.50% in May and June, and then continues with 0.25% interest rate increases at the July, September, November and December meetings, that only brings rates to 2.25% by the end of this calendar year. Yet inflation is running over 7.9%. That means even with those interest rate hikes (which haven’t happened yet) real rates will still be negative 5.4% in December, (2.5 – 7.9 = -5.4).

How can you stop inflation with negative real rates? You can’t. The Fed would have to push rates to 8% or higher to get back to positive real rates in a world of 7.9% inflation. Obviously that’s not happening. Federal budget deficits would explode and a severe recession would commence before the Fed even carried out that plan. Federal budget deficits would explode and a severe recession would commence before the Fed even carried out that plan.

Be Careful What You Wish for: The Fed struggled for years to achieve a 2% inflation rate. But they should have been careful for what they wished for. Now, in relatively short order, inflation is running hot at 7.5% and the Fed is way behind the curve. The problem is, once inflation expectations develop, they can take on lives of their own. Once they take root, inflation can strike with a vengeance. Double-digit inflation could quickly follow. That’s because double-digit inflation is a nonlinear development.

What I mean by that is, inflation doesn’t go simply from two percent, three percent, four, five, six. What happens is it’s really hard to get it from two to three, which is ultimately what the Fed wanted. But inflation can jump rapidly from there, as we’ve seen. Many are trying to blame supply chain disruptions and the Russian invasion of Ukraine. While these are factors, the causes are almost irrelevant. Once inflationary expectations set in, they can be very difficult to dislodge.

“The Inflation Horse Has Jumped the Fence and Is Running Wild”: Inflation is not only a monetary phenomenon (with all due respect to Milton Friedman), but also a partial function of behavioral psychology. It’s very difficult to get people to change their expectations, but if you do, it’s hard to get them to change back again.

The bottom line is, inflation can spin out of control very quickly. If people believe inflation is coming, they will act accordingly en masse, the velocity of money will increase and soon enough the inflation will arrive unless the money supply is severely constricted. That’s how you get these rapid inflation increases.

So is double-digit inflation on the horizon? It’s possible. Just to be clear, I am not making a specific forecast here. But if it happens, it could happen very quickly. We’re already at 7.5% and the Fed is far behind the curve. The inflation horse has jumped the fence and is running wild. This is another reason why having a gold allocation now is of value. Because if and when inflation is double-digits, gold will be inaccessible."

Tuesday, March 29, 2022

Gerald Celente, "Propaganda Works! Get The Jab, Get Putin!"

Full screen recommended.
Strong language alert.
Gerald Celente, Trends Journal,
"Propaganda Works! Get The Jab, Get Putin!"

"15 Facts About The Financial Condition Of American Families That Will Blow Your Mind"

Full screen recommended.
"15 Facts About The Financial Condition Of 
American Families That Will Blow Your Mind"
by Epic Economist

"The U.S.economy has been in a very vulnerable position over the past few decades. We’ve faced lots of ups and downs, but the declines have been far deeper than any rebounds recorded along the way. In recent years, economic conditions have become particularly dire. The cost of living is rising at a much faster rate than wages, and the vast majority of jobs do not offer enough financial support for workers to make ends meet. That’s why for millions of Americans being “flat broke” has become a permanent status.

Families are coping with an unprecedented level of financial stress as the price of everything hit new record-highs with each passing every week. For those living paycheck to paycheck, this situation has been an absolute nightmare. People are seeing their weekly earnings rapidly disappear as their bills get higher and higher, and most of them cannot afford to cover any emergency expenses. On the other hand, labor conditions continue to deteriorate. Most jobs out there are low-paid and employees are forced to work exceedingly long hours to get enough money to survive for another month.

Middle-class families aren’t immune. In fact, the U.S. middle-class is shrinking at a very alarming rate ever since most of our middle-class jobs have been shipped to foreign markets. In every new survey, study, or analysis published by analytics firms, the results show the same thing – the financial conditions of the average American family continues to decline. Today, soaring living costs are the number one financial concern for American families.

As wages stagnate and inflation runs rampant, more and more families are taking on extraordinary amounts of debt to preserve their living standards, while others are taking on loans to afford unexpected health expenses, or prevent their homes from being foreclosed. And those whose credit score doesn’t even allow them to get a loan, are actually having to rely on government assistance to stay afloat.

The economic reality American families are having to endure is extremely different than the one wealthy CEOs have to face. And yet, last year alone, CEOs earned over 350% more than the average American worker. One of the main difficulties we are having today and that is likely to persist for many years is the lack of good jobs.

Over 50 million middle-class jobs have been shipped overseas over the past few decades. Our leaders have promised us that outsourcing our production to economies of other nations where it is legal to pay slave labor wages to workers would not affect America’s working conditions. Of course, that’s far from the truth. And many people are realizing this just now.

The numbers we compiled in today’s video will expose that right now, more Americans than at any other point since the 1950s are “flat broke” and have lost hope. Until something changes in the way this country is run by our leaders, the level of díspair and frustration in the United States will continue to grow. Here are 15 facts about the financial condition of American families that will blow your mind."

"The Long March of the Neocons"

"The Long March of the Neocons"
by Addison Wiggin

“All men are created equal. They are endowed by their creator with certain inalienable rights; among them are life, liberty and the pursuit of happiness.”
- Ho Chi Minh, Sept. 2, 1945

"Forty-nine years ago today, the last U.S. soldiers left South Vietnam - leaving the country’s defense to its own people. Two years later, Saigon would fall and South Vietnam would be no more. All told, the war had lasted 17 years, 9 months… racked up 58,220 U.S. military deaths… and cost approximately $843.62 billion in 2020 dollars.

Bill Bonner and I devoted a full chapter to Robert McNamara’s war in "Empire of Debt." More recently, I discussed the forgotten lessons of Vietnam in light of disastrous U.S. military withdrawal in Afghanistan. Both those conflicts were the result of dubious casus belli - the stories our government told to make killing folks in another country more palatable.

Afghanistan, of course, was full of terrorists that we were told needed to be killed - no matter how many innocent civilians got in the way. The Vietnam war was justified by the much more nebulous domino theory.

A few years back, my family and I toured a few Asian countries, including Vietnam. While visiting one of our writers living in Saigon, er, Ho Chi Minh City, we made a point of visiting its War Remnants Museum. Naturally, it focuses on the Vietnamese side of the conflict. In fact, an earlier version of the museum had been called the Exhibition House for U.S. and Puppet Crimes. It was the Museum of Chinese and American War Crimes until 1990. Inside, you’ll find a copy of the speech Ho Chi Minh gave in 1945, declaring independence from France. Perhaps not surprisingly, he cribbed some words from another such declaration written 169 years prior on another continent.

Fast-forward to today’s conflict in Ukraine. There is propaganda on both sides. Leading up to the invasion, as we’ve documented several times in these missives, it was next to impossible to pierce the Western narrative of why Putin wanted Ukraine so badly. “We have neocons, just as Russia does, that would love to have war with the United States,” Martin Armstrong says, offering another provocative answer to the conundrum of war and the lies that go with it. “We have the same problem on our side. They were there pushing for the Bay of Pigs with Kennedy. They were the ones that came up with weapons of mass destruction in Iraq.”

“Even [President] Johnson - you can Google it; I think it's even in Wikipedia - stood up and said Vietnam never attacked us [in the Gulf of Tonkin]. Johnson said, ‘For all I know, [our Navy] were shooting at whales that night.’ Virtually every war has been propagated on some sort of propaganda really that was not true.” After a short search, we found it in the Baltimore Sun. Armstrong goes on to speculate on the cause and nature of modern wars:

"The guy that really created the Second Amendment was the Prince of Savoy, who was a very famous general. Even Napoleon said he was one of the greatest. He had worked for many different kings. He had told Montesquieu that basically that the problem with war is that kings have these armies. They pay a lot of money for them but they're not doing anything, so they create war just to use them. That was his view. So the idea behind the Second Amendment was that we didn't have a standing army but everybody had the right to go get arms and defend the country. More or less like Switzerland. So this has been going around for hundreds of years. You have just people that want to wage war upon somebody else. Kind of like two drunks in a bar, but just on a grander scale."

Granted, Putin’s motives still seem perverse as the Western media focus on missiles hitting nursing homes and theaters packed with mothers and their children. “As long as we have people that just want to play war,” Martin concludes, “that's our curse, I suppose.”

Musical Interlude: Yanni & Samvel Yervinyan, "Until The Last Moment"

Full screen recommended.
Yanni & Samvel Yervinyan, "Until The Last Moment"

"A Look to the Heavens"

“While drifting through the cosmos, a magnificent interstellar dust cloud became sculpted by stellar winds and radiation to assume a recognizable shape. Fittingly named the Horsehead Nebula, it is embedded in the vast and complex Orion Nebula (M42). A potentially rewarding but difficult object to view personally with a small telescope, the above gorgeously detailed image was recently taken in infrared light by the orbiting Hubble Space Telescope in honor of the 23rd anniversary of Hubble's launch.
The dark molecular cloud, roughly 1,500 light years distant, is cataloged as Barnard 33 and is seen above primarily because it is backlit by the nearby massive star Sigma Orionis. The Horsehead Nebula will slowly shift its apparent shape over the next few million years and will eventually be destroyed by the high energy starlight.”

"Dare..."

 

"We Are Never Deceived..."

"We are never deceived; we deceive ourselves."
- Johann Wolfgang Von Goethe

Gregory Mannarino, "Saudi Arabia To Hike Crude Price! New Cost Of Living Crisis; Stock Market Higher Again"

Gregory Mannarino, PM 3/29/22:
"Saudi Arabia To Hike Crude Price! 
New Cost Of Living Crisis; Stock Market Higher Again"

Must Watch! "Running Out Of Money And Time; Scariest Economy Is Getting Scarier; FED Must Crash Markets"

Full screen recommended.
Jeremiah Babe, PM 3/29/22:
"Running Out Of Money And Time; Scariest Economy 
Is Getting Scarier; FED Must Crash Markets"