America has been in a Recession since 2008 that was papered over by Quantitative Easing and artificially low interest rates. America entered a Depression in 2020-2021.
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A failure to recognize this and prepare, both by citizens and experts, will cause a massive loss of life, mass poverty, homelessness and starvation.
America has Already Collpased: People Just Haven't Figured it Out Yet
America is under siege…
Bidenomics Implodes: Consumer Sentiment Unexpectedly Craters In Biggest Miss On Record As Inflation Expectations Surge
the University of Michigan released the latest "report card" on Bidenomics, and to nobody's surprise - except perhaps a certain senile teleprompter reading, diaper wearing puppet in the White House - it was a total disaster, as Sentiment "unexpectedly" plunged from 77.2 to 67.4, the 9.8 point drop the biggest since August 2021...
... and was not only a 7-sigma miss to expectations of a 76.2 print...... but was the biggest miss on record!
DE-DOLLARIZATION:
America’s biggest buyers of debt are dumping dollars and preparing for the new monetary transition.
China sold a record amount of Treasury and US agency bonds to buy gold in the first quarter
China sold a record amount of Treasury and US agency bonds in the first quarter, highlighting the Asian nation’s move to diversify away from American assets as trade tensions persist.
Beijing offloaded a total of $53.3 billion of Treasuries and agency bonds combined in the first quarter, according to calculations based on the latest data from the US Department of the Treasury. Belgium, often seen as a custodian of China’s holdings, disposed of $22 billion of Treasuries during the period.
Are we about to see US markets decline and Asian markets rise?
Is this a head fake? Or the beginning of what I have been calling; “The rise of the East and fall of the West”?
Just something to take note of currently.
During collpases, governments tell you the economy is booming while…
Applications For Unemployment Benefits Now Surge To New Highs
Applications for unemployment benefits now surge to new highs, a sign that the white-hot labor market is starting to cool off.
First-time applications for unemployment benefits rose last week to 231,000, the highest level since August, per CNN.
Thursday’s data also showed that the number of continuing claims, or applications from people who have filed for unemployment for at least one week, was 1.78 million.
That’s an increase of 17,000 from the prior week, according to the Bureau of Labor Statistics.
Governments try everything they can to keep the population psychologically unaware of the doom soon to befall them.
Interest on National Debt Now Costs More Than Medicare
The interest on our colossal national debt is the nation’s second-largest expense. And the situation is only getting worse.
The nation’s Medicare and defense programs are expensive. But the cost of the national debt surpasses each of them.
During the first seven months of fiscal year 2024, the U.S. spent $514 billion on net interest, according to the nonpartisan, nonprofit Committee for a Responsible Budget.
The nation spent $465 billion on Medicare and $498 billion on national defense during the same period. Only the Social Security program costs the U.S. more.
In total, the government has spent $3.9 trillion so far this fiscal year, which started in October 2023. The amount spent on interest eclipsed the money spent on veterans, education and transportation combined.
The Interest on our debt alone out weighs all the promises of entitlements to people we've made. The game is already over. The consequences are all that remain.
Copper prices hit new record high, up 30% year-to-date, signaling increasing inflationary pressures
Copper prices surge to an unprecedented high of $5.08 per pound, marking a staggering 30% increase year-to-date and fueling concerns of rampant inflation. This new record surpasses the previous peak observed in March 2022, coinciding with the fastest inflation rate in 40 years. Over the past three months alone, copper prices have skyrocketed by 35%, exacerbating inflationary pressures across the board. The surge represents a monumental 55% increase in just two years, prompting policymakers to scramble for solutions to secure vital supplies. With a historically high correlation between rising copper prices and US CPI inflation, experts warn of further economic turbulence ahead, underscoring the urgency for decisive action to address the burgeoning crisis.
Commodities will continue to reach new highs that will challenge people’s ability to comprehend. The proverbial party hasn't even started yet.
What Green Energy?
The Green Energy transition is a lie to collapse America. Another part of the; “Fall of the West & Rise of the East” agenda, as i’ve been calling it.
The green transition is not realistic, sustainable or able to drive or meet Americas energy demand/need. Normies & Trendies have been duped and sold a lie.
That's why Biden drained our oil reserves and is not replacing it, while Asia’s coal industry explodes. Kill and defund Americas energy while funding Asia and building their energy base up.
America is not only collapsing Financially and Economically. Socially and Culturally as well. As courts back pure hardcore satanic leftist Indoctrination of children. America won't escape Gods judgement or punishment for this. We don't get to abort nearly 70 million babies and walk away unscathed as if nothing happened.
Court rejects parents’ attempt to opt kids out of LGBTQ-inclusive reading assignments
A federal appeals court rejected a bid from a group of Maryland parents to require Montgomery County Public Schools to allow them to opt their children out of lessons that involve LGBTQ-inclusive material.
A divided three-judge panel of the 4th U.S. Circuit Court of Appeals affirmed a lower court decision denying a preliminary injunction on the basis that the parents had not yet demonstrated how the country’s board of education book policy would infringe on their right to free expression of religion.
Three sets of parents – who are Muslim, Jewish and Christian – along with a parental rights organization, sued the Maryland school district after it said it would no longer allow parents to opt their children out of lessons that used a slate of newly approved LGBTQ-inclusive books.
Over 63 million abortions have occurred in the US since Roe v. Wade decision in 1973
America saw more than 1,000,000 abortions each year between 1975 and 2012
More than 63 million abortions are estimated to have taken place in the U.S. since the Supreme Court's 1973 Roe v. Wade ruling that granted federal protections to women seeking to terminate their pregnancies, according to one analysis.
The big horrific dip you see, is when “The Greater American Depression officially began.
This dip (Greater Depression) was reversed and papered over by Quantitative Easing, (massive currency “printing” (Counterfeiting)) or artificial growth.
So massive that;
To avoid a depression, the Federal Reserve created…
Take note that the date of massive currency creation, closely matches up with retail sales graph
People's Desperation is Governments Treasure for Control
During a financial/economic collapse; the majority of people are unprepared.
People become desperate and can no longer take care of themselves or their family. They panic and look for any avenue of hope and help.
Because of this, the majority of people become slaves to government welfare and control. This provides a perfect opportunity/excuse for Government to take control of a desperate population who otherwise, has no choice. Well, you do but……
How many are going to voluntarily let their family starve and stick to their principles?
This is why the QR code system is being rolled out in succesion with “Medical Emergencies” and Economic Collapse. Your rations along with your medical martial law travel passport will all reside within the QR code system on your phone.
Parts of Paris will be off-limits without a QR code this summer
The French capital Paris will be split into zones this summer, with anyone wanting to enter certain areas required to show a pass on their phone.
Special measures will be in place throughout the city as part of increased security around the Olympic Games, which start in July.
Anyone wishing to enter certain zones, including residents, will have to apply for a special Pass Jeux (games pass) on a platform run by police.
“THE OLYMPICS” is just an excuse/cover story. This is a psychological Pre-conditioning and Pre-programming phase being rolled out with a slow physical implementation.
Check out what the new death camp cattle control entrance system looks like:
A crisis waiting to explode: American household debt hits $17.7 trillion and counting. Consumers are pulling back
April Producer Prices rose 0.5% MoM (vs +0.3% exp), with March’s +0.2% MoM revised down to -0.1% MoM. The downward revision did not stop the YoY read rising to 2.2% (from +2.1% in March)…
Source: Bloomberg
This is the highest YoY read since April 2023 and is the fourth hotter than expected headline PPI print…
Source: Bloomberg
Producer Prices have been aggressively downwardly revised for 4 of the last 7 months…
The story behind this posts photo cover worth the read:
Fuuuuuuuuuck me! What a fucking nightmare.
Thanks for sharing all the same.