"20 Preparedness Items You Should Buy Every Month To Prepare For The Imminent Economic Collapse"

"20 Preparedness Items You Should Buy Every 

Month To Prepare For The Imminent Economic Collapse"

Full screen recommended.

by Epic Economist

"We're going through exceedingly difficult times, and things seem to get harder and harder by the day. When the sanitary outbreak exploded in America early last year, it quickly became evident that the problems it had triggered would stay with us for years. Back then, we warned that we were still in the very early stages of the economic collapse and that the worst was yet to come. Well, since then we have seen several catastrophic disasters, hundreds of thousands of store closings, business bankruptcies, persistent unemployment rates, cyberattacks, severe supply chain disruptions, widespread shortages, and the intensification of civil and political conflicts around the world. But now, we are just getting a taste of what the next stages of this crisis will be like because many of these issues will still have many developments and probably many more issues are going to emerge.

As vaccines continue to be distributed and the world's economies get ready to reopen, imbalances between supply and demand for products are still congesting global supply chains, and this impasse will only intensify as consumers resume their normal shopping habits. Inflation pressures are already sending the cost of everything to unprecedented levels and there is no clear end in sight for this upward trend in prices. And as we reported over several of our recent videos, many other factors have been exacerbating supply chain woes, including rising commodity prices, skyrocketing freight prices, and shipping container shortages. That's why we have alerted our viewers they should start getting ready for the challenges that are coming for us.

However, disaster preparedness might not be a simple task, even more so in times of extensive shortages and soaring prices. Building an emergency stockpile requires an analysis of your necessities, assessing what you already own, and, of course, lots and lots of checklists. Listing what you will have to buy and the cost of those supplies can be overwhelming and, sometimes, very discouraging. But you don't have to build your stockpile overnight and you probably won't need all the things you think you do. The most expensive items are usually the ones that will last for a long time, such as generators, tents, radios, self-defense gear, and rain barrels. Those items are in the one-and-done category.

But many others can be gradually added to your monthly shopping list so that you stay on budget and make sure you never run low on essential supplies. In this way, you can start prepping without compromising your finances by spreading the costs of the supplies you need over the month. Staying tuned with bulk sales in online and physical stores may also save you a lot of time and money. Food and water should be the top priorities in every prepper's list, as they're key for our survival. But today, we decided to gather a list of 20 non-food preparedness items you should buy every month to get ready for the next stages of the economic collapse.

This list is supposed to help you realize that even though building a stockpile isn't a simple process, you can take simple steps to get started. This practice is not meant to be exhaustive, so take each of these steps at your own pace. It's better to do something than to try to do everything and achieve nothing instead. As things are getting even more challenging in recent times, it's better not to add extra challenges to your own path. Do whatever is possible for you and that will be enough. Most importantly, keep in mind that even though events are spiraling towards what could be the end of the world as we know it, there's still much more life to be lived away from the chaos."

- https://www.epiceconomist.com​

"How It Really Is"

 

“Takeover: The US Is Facing A Dollar Collapse By The End of 2021”

“Takeover: The US Is Facing A 

Dollar Collapse By The End of 2021”

by Mac Slavo

"People used to call those who could see the writing on the wall “crazy conspiracy theorists.” Now, major mainstream media outlets are reporting that the United States dollar could crash by the end of 2021. Honestly, I am surprised the dollar hasn’t crashed already. It’s almost worthless in the sense that prices are skyrocketing and hyperinflation is right around the corner.

"The “seemingly crazed idea” that the US dollar will collapse against other major currencies in the post-pandemic global economy is not so crazy anymore, the economist Stephen Roach told CNBC’s “Trading Nation” on Wednesday." – Business Insider

Some sites (not those in the mainstream) have been warning that the dollar will crash for years. This is all a part of the plan. In order to convince the public to accept a digital dollar and fully tracked and traced centralized monetary system, the slaves have to experience a well-thought-out collapse of the current monetary system.

The central banks will attempt a “non-military take over of the entire world.” If we want a permanent system of slavery set up globally, we could simply roll over and allow this digital dollar to actually happen. Instead, I ask that you wake up and realize what’s going on. They have propagated people into the system using the left vs. right paradigm lie, and I admit, I used to fall for it too.

No human makes a rightful master and no human makes a rightful slave. The crash of the U.S. dollar is necessary and will eventually happen. Will it happen in the mainstream media’s timeline? Maybe, maybe not. But people unable to feed their families will willingly submit to slavery and participate in the draconian system of totalitarianism just to get a can of corn.

It’s time to fully realize what is going on and make the determination that we are not slaves. Anything less will result in those in power dominating those who are not. Stop giving these psychopaths power. Remove yourself from the system. A vote in this system for anyone is your consent to be governed. (The word governed comes from the Latin word meaning “to control.” If you want to continue to be controlled, by all means, far be it from me to tell you otherwise. However, many simply want their freedom to live on this Earth without being a slave to anyone.

The first step is to free your mind from the grip the ruling class has on it, right or left. Next, is to prepare and hone your critical thinking skills. If your mind is still enslaved, critical thinking skills will be limited. No one is coming to save us, but we don’t need them to. We need to save ourselves."

- https://www.investmentwatchblog.com/

Gregory Mannarino, AM 6/8/21: "Inflation Indicators Continue To Rise; Important Market Updates"

Gregory Mannarino, AM 6/8/21:

"Inflation Indicators Continue To Rise; 

Important Market Updates"

- https://traderschoice.net/

Musical Interlude: Flash And The Pan, "Hey, St Peter"

Flash And The Pan, "Hey, St Peter"

"A Look to the Heavens"

 “Large, dusty, spiral galaxy NGC 4945 is seen edge-on near the center of this rich telescopic image. The field of view spans nearly 2 degrees, or about 4 times the width of the Full Moon, toward the expansive southern constellation Centaurus. 

 

About 13 million light-years distant, NGC 4945 is almost the size of our own Milky Way Galaxy. But X-ray and infrared observations reveal even more high energy emission and star formation in the core of NGC 4945. The other prominent galaxy in the field, NGC 4976, is an elliptical galaxy. Left of center, NGC 4976 is much farther away, at a distance of about 35 million light-years, and not physically associated with NGC 4945.”

- http://apod.nasa.gov/apod/ap090109.html

"Monthly Checks Starting in July - 36 Million IRS Letters Sent Out Today"

"Monthly Checks Starting in July - 

36 Million IRS Letters Sent Out Today"

Blind to Billionaire, PM 6/7/21:

"Monthly checks starting in July, 36,000,000 IRS letters sent out today In this video, we discuss the monthly checks that are going to be starting for over 36 million families in July. These monthly checks will begin in July and extend through the rest of the year on a monthly basis. Nearly 40,000,000 households will be receiving these monthly checks as a result of the CTC otherwise known as a child tax credit. These payments are going to be very influential for many families and will result in thousands upon thousands of dollars of extra money in the form of stimulus checks on a monthly basis going forward to the rest of the year. This child tax credit is a new expanded child tax credit offering monthly stimulus checks or monthly checks to nearly 40,000,000 households and families.

This is the latest update that we have from the IRS as they announced today that they are sending out over 36 million letters to all of these families. These child tax credit or monthly checks pertain to everybody who has qualifying dependent under the age of 18, we discuss all of this in the video. It includes those people receiving Social Security, SSDI, SSI, VA, our RV, low income and no income as well as millions of others.

Please make sure to subscribe and share this video with your friends, family, social media and check out any of the other videos here on the channel."

- https://www.youtube.com/watch?v=y8NUipycp7o

"The Freedom Fairy"

"The Freedom Fairy"

by Jeff Thomas

"For some time, it’s been apparent that the former "free world" countries (the US, EU, Canada, Australia, Japan, etc.) have been on a downward progression - socially, politically and economically. But, in the last ten years, the awareness of this has become increasingly pronounced. With each successive year, more and more people recognize that all facets of life in these formerly great countries are heading in a decidedly negative direction.

At this point, even those who don’t understand the decline intellectually, feel in their gut that this is not going to end well. Further, they feel it all around them and sense that when the condition becomes critical, it won’t just affect others. When it reaches the crisis stage, they’ll find it right on their own doorstep.

The average person in each of these jurisdictions already no longer trusts either the media, big business or the government and feels that, somehow, they’re all in this together and that they, the electorate, will be the ones who will be the ultimate victims.

So, is this a question of "collective imagination" gone haywire? Not at all, I’m afraid. Their instincts are quite correct. Governments and big business alike have sold out the populace, regarding them as mere fodder in their pursuit of increased power and wealth. Governments in the former "Free World" have for decades become increasingly collectivist, promising ever-greater largesse to the hoi polloi, and the majority of voters, sad to say, have eaten it up.

Yet, as the electorate becomes more worried, they don’t ask the government to go into reverse and stop the economically illogical largesse. Quite the opposite. As their fears grow, they demand more largesse. And so, it shouldn’t be surprising that, as we get closer to the collapse of this house of cards, new candidates arrive on the scene, offering to take entitlements to Never-never land, promising universal free health care, free education through university and a guaranteed income without the need to earn it in any way.

Of course, when this happens, those who understand that 2 + 2 = 4, not 8 or 12, recognize that any government that attempts to deliver on such promises will cause the collapse of the system – not just the economic system, but also the social and political systems.

And, so those people who do understand that the numbers simply won’t work, ask themselves where it will all end. Typically they wring their hands, aware that their concern is the minority view. They recognize that they can no longer discuss their concerns freely, as their country is moving in the opposite direction – embracing the new, empty promises, with ever-more determination. They search around for some form of hope and, in the majority of cases, whether they like to admit it to themselves or not, their hopes fix on the Freedom Fairy. They vainly hope that somehow, the average voter will "wake up," or that sitting politicians will come before the press to reverse the stance that they’ve always maintained – that big government will provide for all.

Unfortunately, that’s a vain hope, isn’t it? Deep in our hearts, we know that sitting politicians are not going to collectively say, "Whoops, we goofed. We’re sending the country into ruin. We’re going to downsize the government, introduce a free market system and then resign and get out of the way."

Since that won’t happen, the only hope is that a Freedom Fairy will come along – someone who has never held public office before, who says, "You know what? I’m going to buck the system. If I’m elected, I’m just going to jolly well tell Congress that they’re to stop all this collectivist nonsense, stop borrowing money, and turn their backs on all the corrupt deals they’ve made over their political lives."

Yet, as obvious as it should be that no Freedom Fairy is going to come along, let alone succeed, with each successive election cycle, the more "enlightened" portion of the electorate start to imagine, "Maybe this time it will be different. Maybe we can turn this thing around." And, there, in that last sentence, is the key word as to the futility of this wishful thinking – the word, ‘we.’ It seems to be human nature to imagine that if a group of us – maybe even a large group - believe that something is a good idea, it will somehow happen. Worse, the ‘we’ suggests that the person in question actually believes that his vote has some sort of significance.

As Mark Twain famously said, "If voting made any difference, they wouldn’t let us do it." Quite so. In good times, the electorate gets to vote for the lesser of two evils. In the end, whichever one wins, the running of the country remains as previously planned. There may be changes in the style of the leader, but the same playbook is followed, just as before. But in volatile times, such as we now face, the electorate gets to vote for the lesser of two nightmares. In the end, whichever one wins, the running of the country will remain as previously planned, but the electorate will be even more polarized than before and the eventual outcome will be that much worse.

And so, for the more ‘advanced’ voter – the one who understands that the political, economic and social system are spiraling downward, the most natural tendency seems to be to irrationally hope that the Freedom Fairy will come along, wave the magic wand, and send the country back to a time when most everyone worked for a living, took responsibility for themselves, paid their own way and built a strong, productive society. It’s rare indeed for anyone who finds himself in that situation to honestly say to himself, "I don’t think we’re in Kansas anymore, Toto."

And that’s the tragic truth. The former free, productive society has been whittled away. It no longer exists and it’s not coming back. Unfortunately, there is no Freedom Fairy, nor is there a Wizard of Oz, any more than there’s an Easter Bunny or a Santa Claus. When empires collapse, the worst thing that a voter can do is to vainly mark down on the ballot card the name of whoever he thinks the latest Freedom Fairy might be. He should, instead, toss his ballot in the dustbin and leave the polling place, in the knowledge that Mark Twain was absolutely correct.

And what, then? Well, that’s an even tougher question to deal with. Because, at that point, he must accept that if, a) his country has reached its sell-by date and, b) it’s going to take him down with it, his only hope is to bow out of the system that he realizes is on the verge of swallowing him up. If he doesn’t wish to become collateral damage, his only choice is to pursue the freedom he cherishes in a location where it still exists. Just as the more enlightened German Jews found in 1938; just as savvy Cuban business owners did in 1959, the last opportunity to pursue freedom is just before it ends where you presently reside."

- internationalman.com

"Outsourcing The Production Of Everything Has Brought The U.S. Economy To The Brink Of A Collapse!"

Full screen recommended.

"Outsourcing The Production Of Everything Has 

Brought The U.S. Economy To The Brink Of A Collapse!"

by Epic Economist

"For over a year, we have been seeing shortages getting progressively worse and spreading across all of our major supply chains. The imbalances between demand volume and companies' ability to produce and distribute supplies are pushing prices significantly up, and making experts worry that the ongoing shortages may actually persist for years. Economists have been warning for decades about the consequences of outsourcing the production of our consumable goods and running massive trade deficits year after year. During the "good times", being reliant on other economies to produce the goods that we consume didn't look like that big of a problem. But now it's a different story.

After so many disruptions, it has become clear that our trade policies have put us in an extremely vulnerable position. Our dependence on the rest of the world to manufacture and process our products is rapidly turning into a national security issue. A recent crisis that can illustrate the seriousness of this problem is the current computer chip shortage. Without a steady flow of semiconductors, our modern society can't function smoothly. Those tiny $1 chips are everywhere - in our cars, transportation trucks, farming gear, hospital equipment, home appliances, smartphones, and pretty much in every electronic device that connects to the Internet - and there are millions of them.

The semiconductor shortage is affecting numerous industries and it is serving as a painful reminder of how much we have become dependent on technology. But even more importantly, it has shown how imprudent it was to outsource the production of most of our chips to Asia. According to the Semiconductor Industry Association, in 1990, the U.S. used to fabricate 37% of all computer chips in the world. By 2021, this figure had dropped to only 12%. Last week, the CEO of Intel has bluntly admitted that "it could take several years for a global shortage of semiconductors to be resolved". This year alone, automakers are predicting a profit loss to the tune of several billion due to halted production lines. The same struggle is being faced by essentially every segment across the consumer electronics industry.

And there are many other industries that also outsource their production even though our country possesses all that's necessary to fabricate those goods in-home. Most of the food we eat today is grown and processed in other countries and that has remarkably reduced the number of small family farmers in America. Since 1980, America has lost 50 percent of its cattle farms, 80 percent of its dairies, and 90 percent of its hog farms.

Therefore, as long as our political relations with China remain favorable, we will probably continue to get the products we need from them. But in case our tensions grow and the Chinese government decides not to provide us with those goods anymore, we will see extensive shortages popping all over the nation overnight. Another supply chain woe that can expose the wrongs of outsourcing is the shipping container shortage that has been delaying the delivery of millions of products to US stores. China is the world's leading manufacturer of such containers, and as it faces challenges to increase its production due to its own economic problems, the rest of the planet has to wait until those containers are available so that they can ship their products or receive imported materials.

Moreover, an NFBI survey found that it has never been harder for small businesses to hire workers and many of them are facing mounting pressure to survive. As our economy continues to gradually reopen, some economists fear it won't happen soon enough to save thousands of small businesses. Data from Alignable’s June Revenue Poll shows that 35% of all small business owners are still at risk of closing permanently by the end of the summer. The Poll revealed numerous factors that have been putting the lives of those businesses in jeopardy, including the remaining closures and restrictions, growing inflationary pressures on prices, soaring gas and transportation prices, and labor shortages.

If our small businesses continue to be decimated by the thousands, at some point, we will become entirely dependent upon big corporations to get the products we need. And keeping in mind that these large companies outsource most of their production, we will become more at risk of suffering from shortages than ever before. The extreme imbalances we have been witnessing right now will become a permanent thing. Americans are just now realizing how the latest supply chain disruptions sparked extensive damages to our economy. They are about to feel the impacts of decades of outsourcing and weakened supply chains right where it hurts them the most: in their wallets. And as this crisis won't likely be solved any time soon, we will see our economic challenges dramatically intensify from now on."

- https://www.epiceconomist.com​

The Daily "Near You?"

Palermo, Maine, USA. Thanks for stopping by!

Gregory Mannarino, PM 6/7/21: "Inflation Is Skyrocketing! And It's Going To Get MUCH WORSE!"

Gregory Mannarino, PM 6/7/21:

"Inflation Is Skyrocketing! 

And It's Going To Get MUCH WORSE!"

- https://traderschoice.net/

“I See Inflation Not Recovery; Low Paying Jobs Flood US; Extreme Debt; Help Is Not Coming”

Jeremiah Babe,

“I See Inflation Not Recovery; Low Paying Jobs Flood US; 

Extreme Debt; Help Is Not Coming”

"Larceny Disguised as Inflation"

"Larceny Disguised as Inflation"

by Bill Bonner

YOUGHAL, IRELAND – "In matters of technology and material progress, we discover new things all the time. But in love, central banking, and the rest of life… we discover the same things over and over. And what Americans are likely to re-discover in the months ahead is the Quantity Theory of Money, or QTM.

Quantity Theory of Money: The idea was first proposed by Nicolaus Copernicus, the great Polish mathematician, in 1517. Since then, it enjoyed a cicada’s celebrity… emerging from the deep earth of monetary theory only episodically… before disappearing again. QTM describes – at least in rough relief – why prices rise. It tells us, again, grosso modo, that the more money there is in circulation, the higher prices will go.

Prices are rising now. Here’s the latest. Breitbart: "Inflation Nation: Labor Costs Soaring Twice as Fast as Previously Thought." "Hourly compensation jumped 7.2 percent in the first quarter, according to the BLS's [Bureau of Labor Statistics] revised estimate of labor costs and productivity. This had been reported as rising 5.1 percent in the first estimate."

Meanwhile, economist Roger Bootle, famous for noticing that inflation had gone underground in the late ’90s, now says it has surfaced again. Bloomberg: "The danger of deflation has passed, and the risks have definitely tilted in the other direction. How high inflation will go, and for how long, that’s debatable. But I’m not in much doubt myself that there’s been a sea change."

Phony Phenomenon: Inflation has been evident in the stock market for many years. But nobody worries about rising stock prices. Donald Trump even boasted about it, not realizing that it was a sign of failure not success. High stock prices are only a good thing when they signal a real increase in earnings – that is, when companies are actually selling more products and pocketing more profits. Price inflation – caused by fake money – is a completely different phenomenon. As we explored last week, it causes investors to stop trying to discover the real value of companies and begin speculating on “meme” stocks like GameStop and AMC… cryptos… and the market itself.

Putting QTM to the Test: According to the textbooks, when central bankers see these signs of emerging inflation, they should begin to “taper off” their EZ-money policies, returning to more normal interest rates. Instead, they are choosing to ignore it. MarketWatch: "New York Fed President John Williams said Thursday he doesn't think it is time for the Fed to slow down asset purchases…"

Unintentionally, the Federal Reserve is putting QTM to the test. In the 12 months from March 2020 to March 2021, the Fed added to its balance sheet by 75%. Since then, it has slowed down, but it is still adding new money (measured by its balance sheet) at the rate of 17% annually. Does that mean prices will increase at a 17% rate? No. QTM is not that simple.

Inflationary Disaster: The Fed’s balance sheet is usually described as the dollar’s “monetary foundation.” It provides the potential for inflation. But the edifice built on top of it – and the price increases that result – depends on how much people want to borrow and spend. And generally, it is the government itself that turns the Fed’s monetary inflation into an economy-wide inflationary disaster. It is the biggest borrower and spender in the world.

If the feds relied on either tax revenues or honest borrowing (taking real money from real savings), there would be no inflationary effect. The total supply of money would remain constant. But the U.S. government is spending far more than it can raise from the citizens’ earnings or savings. That’s why the Fed is printing money – to add “liquidity” that the feds can spend. This new money is fake – counterfeit, ersatz, phony-baloney… an imposter. But it is indistinguishable from the money already in circulation. And it – like the old money – is a claim on real time and resources.

Government Bamboozle: It must seem like manna from heaven. No one ever had to earn the money, or save it. But nothing comes from nothing. And time and resources, unlike money, are limited. So when the government gives some people fake money, it is permitting them to take real goods and services from other people. That is, the whole government bamboozle consists of taking from some and giving to others. And when the Fed “prints” the money, it is just a means of disguising the larceny… as “inflation.”

The recipients rarely use the money to build new factories or provide new services. They do not add to the country’s wealth, in other words. They subtract from it. They spend it. They consume it. And their spending bids up prices. QTM. That is the discovery ahead of us… the same thing we discovered 50 years ago – the last time consumer price inflation rose over 10% (with mortgage rates of 15%!) Back then, Paul Volcker (the Fed chair at the time), backed by Ronald Reagan, was able to contain it. Who will this time?"

- www.rogueeconomics.com

"Yet Another Scientific Study Concludes COVID Is Likely Lab-Engineered"

"Yet Another Scientific Study Concludes COVID Is Likely Lab-Engineered"

by Steve Watson

"Another new scientific study has concluded that it is more likely than not that the COVID pandemic originated with a virus engineered inside a lab. Dr. Stephen Quay and Berkeley physics professor Richard Muller revealed the findings in The Wall Street Journal Sunday, noting that “The most compelling reason to favor the lab leak hypothesis is firmly based in science.” The scientists added that “COVID-19 has a genetic footprint that has never been observed in a natural coronavirus.”

The research points to the genome sequencing of the virus ‘CGG-CGG’, which is one of 36 sequencing patterns observed, but does not occur in nature. “The CGG-CGG combination has never been found naturally. That means the common method of viruses picking up new skills, called recombination, cannot operate here,” the scientists assert.

“A virus simply cannot pick up a sequence from another virus if that sequence isn’t present in any other virus,” they add, while also noting that the CGG-CGG combination IS commonly used in ‘gain of function’ research, which is known to have been used with coronaviruses at the Wuhan Institute of Virology.

The scientists urge that those who believe COVID-19 jumped from animals to humans “must explain why it happened to pick its least favorite combination: CGG-CGG.” They further ask for an explanation as to “Why did it replicate the choice the lab’s gain-of-function researchers would have made?” “Yes, it could have happened randomly, through mutations. But do you believe that?” the authors of the study ask, adding “At the minimum, this fact—that the coronavirus, with all its random possibilities, took the rare and unnatural combination used by human researchers—implies that the leading theory for the origin of the coronavirus must be laboratory escape.”

This latest study comes on the heels of a revitalized focus on scientific research by Professor Angus Dalgleish of St George’s Hospital, University of London and Norwegian virologist Birger Sorensen which presents compelling evidence suggesting the virus was manufactured in a laboratory. As the scientists noted, they were ostracized and ignored until recently when intelligence findings revealed that workers at the Wuhan lab fell sick with COVID-19 symptoms in November 2019.

As the global pandemic unfolded, scores of scientists came forward suggesting the genome sequencing of the virus was unnatural, and should be further investigated. The lab leak theory was effectively shut down, however, when scientists led by Dr Peter Daszak “orchestrated a ‘bullying’ campaign and coerced top scientists into signing off on a letter to The Lancet journal aimed at removing blame for Covid-19 from the Wuhan lab he was funding with US money.”

Daszak, who keeps appearing as the lead figure in investigations of the research he funded with US grant money via his own organization, reportedly used his influence to get The Lancet to publish the letter, which stated that to even suggest the lab leak theory had any credibility was equal to spreading “fear, rumors, and prejudice.”

The release of Dr Fauci’s emails has also reconfirmed that Fauci was discussing the lab leak scenario with other scientists, and knew full well that it was a distinct possibility, despite making statements to the contrary in public, before any robust scientific research into the matter had been carried out.

Now former head of the Food and Drug Administration, Scott Gottlieb, has revealed that Fauci briefed world health leaders in the spring of 2020 that the lab leak was a possibility. Appearing on CBS News this past weekend, Gottlieb admitted that Fauci told government health advisors that the virus “looked unusual,” and that scientists he was working with “had suspicions” that it was manipulated."

- https://summit.news/

- https://www.zerohedge.com/

"How It Really Is"

 

"Reset Yourself!"

"Reset Yourself!"

by Jim Kunstler

"If Quentin Tarantino made a James Bond movie, the villain would be a maniac named Klaus Schwab, played with a light touch by Christoph Waltz, leading a SMERSH-like org bent on turning the world into a utopia of robots, and, of course, absolutely everything would go wrong, leading to a joyously comical bloodbath in the climax. Are we living in that movie, one wonders?

In real life - if there even is such a thing anymore? - Klaus Schwab is the octogenarian head of the World Economic Forum (WEF), the NGO that hosts the annual cavalcade of global villains at Davos, Switzerland, held every January in perfect designer snow, with the raclette melting temptingly on the hearth, endless flutes of Bollinger R.D. Extra Brut making the rounds, and plenty of pretty young things on hand, only some of whom know a reverse repo from an Appenzeller Sennenhund. Must be fun as all git-out.

The Davos meeting is ostensibly called to improve the state of the world (ha!), and thereby inspires countless paranoid fever dreams in the minds of many who would prefer to be spared utopian social experiments, especially from plans drawn by billionaire bankers who view the present surfeit of mankind on this planet (some 7.6 billion) as cluttering up the joint — all these unnecessary hoi polloi filling the oceans with their yukky plastic, making navigation difficult for the Davos yachting crowd… or something like that.

Klaus Schwab has been shockingly literal about his wished-for utopia, summing up his vision as, “You will own nothing, and you will be happy about it.” Hmmm, no property… and then what? Logically, no corpus of contract law to regulate it? Farewell pesky US constitution. (Let’s face it, it’s been falling apart lately, anyhow.) How’s that going to make folks happy? Can I at least keep my Waterpik and my flyrod?

And what about your property Klaus? And the property of your nonagenarian buddy George Soros, including all the cash money he’s been sprinkling around the USA to fund the election of utterly incompetent Attorneys General and District Attorneys, so as to sow chaos in America’s streets? What about your pal Bill Gates’s property… those hundreds of thousands of acres he’s buying up across the American grain belt? And the half that goes to Melinda under California divorce law. Will the poor girl have to make those dreary trips to the Safeway on her own? Will there even be supermarkets? Or just distribution depots like the old soviet glory days, with long lines for schmoozing?

A few other particulars from Klaus’s 2030 agenda: No more meat-eating for you! It’s a waste of energy and a carbon spewer. You will eat artificial “plant-based meat” from Bill Gates’s soybean fields, self-propagated like giant boneless garden slugs on Bill Gates’s factory walls. Pass the Sriracha, Klaus! Next, no more national borders. The teeming poor evacuating their wretched overpopulated homelands must be free to overpopulate your homeland and make it equally wretched. Of course, no more fossil fuels! The planet is overheating so badly that there may not be any snow in Davos, and the Davos elect do not intend to don lederhosen and march up and down the bare Jakobshorn ski trails yodeling like goat-herds.

There is considerable unease among the sentient hoi polloi about the WEF exercise going forward this summer called the Cyber Polygon simulation. The idea is to game-out a cyber-attack aimed at bringing down the global financial system. The reason folks are nervous is because the WEF held a somewhat similar simulation on October 2019 for a hypothetical pandemic disease outbreak, and, guess what? We got the Covid-19 pandemic outbreak a few months later. This has led some observers to hypothesize that Klaus and his WEF might have had something to do with the Covid-19 outbreak, and that an actual global financial train-wreck will be in the works shortly after Cyber Polygon, opening the door for Klaus’s heralded Great Reset.

Personally, I have no data to suggest these things follow one another. What’s more, if ever a complex system had evolved to self-destruct spectacularly on its own, it would be the global financial system, but especially the parts of it currently running in the USA and in Euroland, based on the Big Rock Candy Mountain economic model: Need money to run your society when your standard of living has outrun your productive capacity? Just pick hundred dollar bills off the money trees! That’s how we roll.

America’s empty suit, “Joe Biden,” travels to Euroland this week to confab with his supposed counterparts. He’ll drop into the G-7 meeting in Cornwall, UK, where the head honchos of foreign lands will perhaps get a chance to size him up for twenty minutes between naps; he’ll meet Queen Elizabeth, who was appointed a Counsellor of State before “Joe Biden” was out of his diapers (will she appreciate his wit?); he’ll drop into a NATO Summit in Brussels and meet with Turkey’s President Erdogan - better wear protective head-gear, Joe - and finally, the main event on June 16, Mr. Biden will meet with Vladimir Putin, wherewith, we’re given to believe, Mr. B will “discuss matters of mutual interest” with the Russian president. Oh, to be a fly on the wall in that room!

Meanwhile, speaking of crashing financials, the Bank of International Settlements’ (BIS) Basel 3 net stable funding requirement goes into effect before the end of June. That’s a mouthful, I know, but the net effect will be the demise of the “paper” gold markets that have been used by interested parties to queer the gold price and thus protect the value of the dollar for decades. Combine that move with the - what? - $11-trillion that “Joe Biden’s” handlers seek to print-up and distribute the next year or so and it kind of looks like the US dollar should be given last rites. Prepare to reset yourselves to flat broke."

- https://www.theburningplatform.com/

- https://kunstler.com/

"Economic Market Snapshot AM 6/7/21"

"Economic Market Snapshot AM 6/7/21"

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"Capitalism is the astounding belief that the most wickedest of men will

do the most wickedest of things for the greatest good of everyone."

- John Maynard Keynes

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"Down the rabbit hole of psychopathic greed and insanity...

Only the consequences are real - to you!

Your guide:

Gregory Mannarino, AM 6/7/21:

"Expect A Full Blown Currency Crisis By Design;

Important Updates"

- https://traderschoice.net/

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"The more I see of the monied classes,

the better I understand the guillotine."

- George Bernard Shaw

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MarketWatch Market Summary, Live Updates

- https://www.marketwatch.com/tools/marketsummary

CNN Market Data:

- https://money.cnn.com/data/markets/

CNN Fear And Greed Index:

- https://money.cnn.com/data/fear-and-greed/

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A comprehensive, essential daily read.

- http://www.shadowstats.com/

June 6th to 8th, Updated Daily

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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: credit, equity valuation, funding, safe assets and volatility. The FSI shows stress contributions by three regions: United States, other advanced economies, and emerging markets."

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Daily Job Cuts

- https://www.dailyjobcuts.com/

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- https://www.zerohedge.com/

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- https://www.investmentwatchblog.com/

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- https://wallstreetonparade.com/

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- https://www.whatreallyhappened.com/

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- https://jessescrossroadscafe.blogspot.com/

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Commentary, highly recommended:

- https://www.theburningplatform.com/

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And now, the End Game...

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Oh yeah...

"Jeremy Grantham Warns Day of Reckoning Will Bust Housing Bubble & Lead To A Catastrophic Crash!"

Full screen recommended.

"Jeremy Grantham Warns Day of Reckoning Will 

Bust Housing Bubble & Lead To A Catastrophic Crash!"

by Epic Economist

"The U.S. housing market is headed to an epic crash, and at this point, those who don't know it already are essentially the ones who want to believe things will be different this time. Deep down, they do know that this euphoria can't go on forever, and prices will eventually have to face a sharp correction. Just like the vast majority of frenzied market booms we have seen throughout history, this one will also end up in a catastrophic bust. However, in recent days, bubble deniers have been persistently arguing that market conditions are 'normal' and buyers shouldn't worry about the enormous imbalances, which, in fact, are getting worse by the day. And many people seem to be believing in what they say despite the growing risks and, of course, the exorbitant prices.

For months, we have been reporting how the pace of home price appreciation has become completely unsustainable. We have shown you updated statistics, indicators, rates, and charts. We have exposed several pieces of evidence that prove a housing market crash is just a matter of time. But in times when homebuyers and investors have been so entranced by the prospect of future gains, overlooking potential consequences seem to have become their new natural response. That's why, for this video, we decided to bring some light to the word of those who have seen it all happening before and are now telling us that all of it is going to happen once again. Those who have learned from experience. Veterans inside financial markets who know how cycles work. They have warned us of major financial disasters in the past and are echoing similar grim warnings today.

A very alarming statement that made the headlines recently came from no one less than the CEO of the largest bank in the entire country. JPMorgan's Jamie Dimon, who has also worked on the board of directors of the Federal Reserve and knows better than anyone when things are starting to spiral out of control. During a Senate hearing last week, Senator Jon Tester asked Dimon if we were in a housing bubble. And Dimon was the only big bank CEO to outright say that yes, there is a bubble and the housing boom may be getting out of hand. He then added that today's conditions are different from the ones that led to the housing crash of 2008, but current prices expose the "frothy" environment.

Whenever big executives start to bluntly admit that the outlook is worrying, we can tell that the market frenzy is about to turn into an investor nightmare. On the same note, the legendary investor who called the dot-com bubble and the 2008 financial crisis is saying that the state of today's housing market resembles a lot to what he saw back then. Jeremy Grantham, who co-founded the asset-management firm GMO, said that real-estate bubbles were popping up in almost every market and that a "day of reckoning" is looming. Speaking at the Morningstar Investment Conference Australia, Grantham, who also agrees the government's monetary policies have led to the formation of "The Everything Bubble", argued that the enormous increases in housing prices are simply not sustainable. "This time you look around and you find the real estate is suddenly pretty bubbly in every market," he said. "You can't keep an asset class like housing, where the house doesn't change, and you're just marking it up in real terms year after year. Eventually there'll be a day of reckoning.”

When Grantham speaks, the market listens, and he believes the U.S. markets are on the brink of a catastrophic meltdown, especially considering that they risk crashing at the same time. Grantham has clanged the warning bells for Doomsday one more time, affirming that markets have until the end of the vaccine rollout before bubbles burst. He shared four indicators that are lining up to what could be "the biggest loss of perceived value from assets that we have ever seen". Perhaps, more importantly, Grantham reminds us that "bubbles don’t always burst alike". Just because the macro picture is different doesn't mean that we shouldn't worry about how extensive the bubble has become. As Grantham warned: "the problem with a bubble is not that you don’t realize you’re in it - it’s that you don’t realize when it’s game over". We can only recommend you to watch the next market events very closely because a major financial catastrophe is on the horizon - and one single burst could set off a cascade of other crashes and systemic failures, plunging the entire country into an economic depression much worse than what was in in 1929 and leading to the biggest collective loss of wealth in our entire history."

- https://www.epiceconomist.com​

Musical Interlude: 2002, "Memory of the Sky"

Full screen recommended.

2002, "Memory of the Sky"

"A Look to the Heavens"

“You may have heard of the Seven Sisters in the sky, but have you heard about the Seven Strong Men on the ground? Located just west of the Ural Mountains, the unusual Manpupuner rock formations are one of the Seven Wonders of Russia. How these ancient 40-meter high pillars formed is yet unknown.

The persistent photographer of this featured image battled rough terrain and uncooperative weather to capture these rugged stone towers in winter at night, being finally successful in February of last year. Utilizing the camera's time delay feature, the photographer holds a flashlight in the foreground near one of the snow-covered pillars. High above, millions of stars shine down, while the band of our Milky Way Galaxy crosses diagonally down from the upper left.”

- http://apod.nasa.gov/apod/ap150126.html

The Poet: Margaret Atwood, "The Moment"

"The Moment"

"The moment when, after many years

of hard work and a long voyage

you stand in the centre of your room,

house, half-acre, square mile, island, country,

knowing at last how you got there,

and say, I own this,

is the same moment when the trees unloose

their soft arms from around you,

the birds take back their language,

the cliffs fissure and collapse,

the air moves back from you like a wave

and you can't breathe.

No, they whisper. You own nothing.

You were a visitor, time after time

climbing the hill, planting the flag, proclaiming.

We never belonged to you.

You never found us.

It was always the other way round."

- Margaret Atwood

"Morning in the Burned House"

"Isochronic Tones: Cognition Enhancer For Clearer and Faster Thinking"

"Isochronic Tones: 

Cognition Enhancer For Clearer and Faster Thinking"

by Jason Lewis

“HEADPHONES REQUIRED – Note: As this session stimulates each ear with different frequencies, you will need to use headphones to experience the full effect. Alternative background sounds available on Mp3 here: Orchestral, Hybrid, World Music, Rain, Brown Noise.

What does this track do? This session stimulates Beta, SMR and Alpha, alternating in 2 minute increments to help keep the user relaxed and engaged. Note: SMR (sensorimotor rhythm) relates to the frequency range between 12 – 15Hz. It’s associated with sensory processing and motor control. Stimulating this can result in relaxed focus and improved attention. This session is meant to speed up the brain while keeping the left hemisphere dominant (good for attention, concentration and reducing emotional response and hyperactivity). ADD and similar disorders are often characterized by “slow-wave” EEG patterns, particularly in the left frontal region. As such, this session stimulates the left brain hemisphere with Beta frequencies and the right with SMR.

Can it be used to help with studying and if so, when should you listen to it? Yes, it can be helpful to use while studying, and if you read through the many comments about this track, you’ll see that many people have successfully used it for studying. You can either listen to it while you are studying, to get your brain into a good mental state when you need it. Or if you are someone that gets a bit distracted by music while studying, listen to it just before you begin.

How Loud Should The Volume Be? There is varying advice and opinions on the impact of volume with brainwave entrainment, with some saying the louder it is the more impact it has. From my own experience, my advice is to play it at a volume level you feel comfortable with. The main thing to consider is that it should be loud enough to hear the repetitive isochronic tones, so you don’t want it so quiet you can hardly hear them. But you also don’t want it so loud that its uncomfortable for you. Somewhere in the middle is my recommendation.

Use this session in the morning or afternoon, to train your brain for better cognition, such as clearer and faster thinking. You can either sit somewhere quiet and comfortable with your eyes closed and give your brain a nice workout, or you can also listen to this while doing an activity that requires a boost in concentration, like studying.

How long should you listen for to get a good effect? It takes around 6 minutes for your brainwaves to fall in step with the tones and become entrained. It then takes time to be guided along the frequency range used in the track. Listening to about half way through is the minimum in my opinion, but 30 minutes is the optimum and preferred length to listen for.

IMPORTANT RECOMMENDATIONS:

• Drink some water – Make sure you are well hydrated before listening to brainwave entrainment.

WHY? Your brain is made up of around 75% water, so it needs plenty of water to function well. When you stimulate your brain in this way, you’re increasing electrical activity and blood flow in the brain and giving your brain a good workout, so it can be a good idea to drink before listening, so that your brain can fire on all cylinders.

• It is not recommended to listen to this while driving or operating machinery.

WHY? Brainwave entrainment involves a process of stimulating your brainwaves and changing your mental state. While this is safe to do and use in normal situations, it can sometimes zone you out during the track, as you focus in on the sound of the tones. This could result in you being distracted temporarily, which is not a good thing while you’re driving or operating machinery. Some people also experience tingling and other sensations from the stimulation. While that might feel quite nice sitting in a comfortable chair at home, it could cause you to be distracted while driving and result in an accident.

• It is not recommended to listen to this while under the influence of drugs or alcohol, or any mind altering substance.

WHY? When your brain is under the influence of drugs or alcohol it’s not operating to it’s full capacity, and you react differently to stimulation and situations, compared to when you are sober. So as a precaution and because I don’t know how you will react in that situation, I recommend you do not use it in that situation.

• Who should NOT listen to this audio? Those who should not listen to this video/audio include: Those who are prone to or have had seizures, epilepsy, pregnant or wear a pacemaker should NOT listen to this video/audio.

WHY? There is insufficient research data in this area, so as a precaution, if you are among the categories listed above, I would recommend you consult a doctor or medical professional before listening to this video/audio.”

- http://www.mindamend.com/

The Daily "Near You?"

Mustang, Oklahoma, USA. Thanks for stopping by!

Gregory Mannarino, AM 6/6/21: "Markets, A Look Ahead: Important Updates"

Gregory Mannarino, AM 6/6/21: 

"Markets, A Look Ahead: Important Updates"

- https://traderschoice.net/

"‘We Made a Big Mistake’ - COVID Vaccine Spike Protein Travels From Injection Site, Can Cause Organ Damage"

"‘We Made a Big Mistake’ - COVID Vaccine Spike Protein

 Travels From Injection Site, Can Cause Organ Damage"

by Megan Redshaw

"COVID vaccine researchers had previously assumed mRNA COVID vaccines would behave like traditional vaccines. The vaccine’s spike protein - responsible for infection and its most severe symptoms - would remain mostly in the injection site at the shoulder muscle or local lymph nodes. But new research obtained by a group of scientists contradicts that theory, a Canadian cancer vaccine researcher said last week.

“We made a big mistake. We didn’t realize it until now,” said Byram Bridle, a viral immunologist and associate professor at University of Guelph, Ontario. “We thought the spike protein was a great target antigen, we never knew the spike protein itself was a toxin and was a pathogenic protein. So by vaccinating people we are inadvertently inoculating them with a toxin.”

Bridle, who was awarded a $230,000 grant by the Canadian government last year for research on COVID vaccine development, said he and a group of international scientists filed a request for information from the Japanese regulatory agency to get access to Pfizer’s “biodistribution study.”

Biodistribution studies are used to determine where an injected compound travels in the body, and which tissues or organs it accumulates in. “It’s the first time ever scientists have been privy to seeing where these messenger RNA [mRNA] vaccines go after vaccination,” Bridle said in an interview with Alex Pierson where he first disclosed the data. “Is it a safe assumption that it stays in the shoulder muscle? The short answer is: absolutely not. It’s very disconcerting.”

The Sars-CoV-2 has a spike protein on its surface. That spike protein is what allows it to infect our bodies, Bridle explained. “That is why we have been using the spike protein in our vaccines,” Bridle said. “The vaccines we’re using get the cells in our bodies to manufacture that protein. If we can mount an immune response against that protein, in theory we could prevent this virus from infecting the body. That is the theory behind the vaccine.

However, when studying the severe COVID-19, […] heart problems, lots of problems with the cardiovascular system, bleeding and clotting, are all associated with COVID-19,” he added. “In doing that research, what has been discovered by the scientific community, the spike protein on its own is almost entirely responsible for the damage to the cardiovascular system, if it gets into circulation.”

When the purified spike protein is injected into the blood of research animals, they experience damage to the cardiovascular system and the protein can cross the blood-brain barrier and cause damage to the brain, Bridle explained.

The biodistribution study obtained by Bridle shows the COVID spike protein gets into the blood where it circulates for several days post-vaccination and then accumulates in organs and tissues including the spleen, bone marrow, the liver, adrenal glands and in “quite high concentrations” in the ovaries. “We have known for a long time that the spike protein is a pathogenic protein, Bridle said. “It is a toxin. It can cause damage in our body if it gets into circulation.”

A large number of studies have shown the most severe effects of SARS-CoV-2, the virus that causes COVID, such as blood clotting and bleeding, are due to the effects of the spike protein of the virus itself.

A recent study in Clinical and Infectious Diseases led by researchers at Brigham and Women’s Hospital and the Harvard Medical School measured longitudinal plasma samples collected from 13 recipients of the Moderna vaccine 1 and 29 days after the first dose and 1-28 days after the second dose. Out of these individuals, 11 had detectable levels of SARS-CoV-2 protein in blood plasma as early as one day after the first vaccine dose, including three who had detectable levels of spike protein. A “subunit” protein called S1, part of the spike protein, was also detected.

Spike protein was detected an average of 15 days after the first injection, and one patient had spike protein detectable on day 29 - one day after a second vaccine dose - which disappeared two days later. The results showed S1 antigen production after the initial vaccination can be detected by day one and is present beyond the injection site and the associated regional lymph nodes. Assuming an average adult blood volume of approximately 5 liters, this corresponds to peak levels of approximately 0.3 micrograms of circulating free antigen for a vaccine designed only to express membrane-anchored antigen.

In a study published in Nature Neuroscience, lab animals injected with purified spike protein into their bloodstream developed cardiovascular problems. The spike protein also crossed the blood-brain barrier and caused damage to the brain. It was a grave mistake to believe the spike protein would not escape into the blood circulation, according to Bridle. “Now, we have clear-cut evidence that the vaccines that make the cells in our deltoid muscles manufacture this protein - that the vaccine itself, plus the protein - gets into blood circulation,” he said.

Bridle said the scientific community has discovered the spike protein, on its own, is almost entirely responsible for the damage to the cardiovascular system, if it gets into circulation. Once in circulation, the spike protein can attach to specific ACE2 receptors that are on blood platelets and the cells that line blood vessels, Bridle said. “When that happens it can do one of two things. It can either cause platelets to clump, and that can lead to clotting - that’s exactly why we’ve been seeing clotting disorders associated with these vaccines. It can also lead to bleeding,” he added.

Both clotting and bleeding are associated with vaccine-induced thrombotic thrombocytopenia (VITT). Bridle also said the spike protein in circulation would explain recently reported heart problems in vaccinated teens. Stephanie Seneff, senior research scientists at Massachusetts Institute of Technology, said it is now clear vaccine content is being delivered to the spleen and the glands, including the ovaries and the adrenal glands, and is being shed into the medium and then eventually reaches the bloodstream causing systemic damage. “ACE2 receptors are common in the heart and brain,” she added. “And this is how the spike protein causes cardiovascular and cognitive problems.”

Dr. J. Patrick Whelan, a pediatric rheumatologist, warned the U.S. Food and Drug Administration (FDA) in December mRNA vaccines could cause microvascular injury to the brain, heart, liver and kidneys in ways not assessed in safety trials. In a public submission, Whelan sought to alert the FDA to the potential for vaccines designed to create immunity to the SARS-CoV-2 spike protein to instead cause injuries. Whelan was concerned the mRNA vaccine technology utilized by Pfizer and Moderna had “the potential to cause microvascular injury (inflammation and small blood clots called microthrombi) to the brain, heart, liver and kidneys in ways that were not assessed in the safety trials.”

- https://childrenshealthdefense.org/d

- https://www.theburningplatform.com/

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Related:

"Everyone Vaccinated For Covid Will DIE, Warns French Virologist"

"World Renowned Doctor Blows The Lid Off Of Covid"

"How It Really Is"