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https://ytb.trom.tf/watch?v=0-tLenP5NA4

Ray Dalio inferences a near-future potential depression, based on history and economic cycles.

🕒 Timestamps:
00:00 - The Changing World Order
03:48 - A Paradigm Shift
05:47 - CIVIL WAR Coming...
07:57 - Singapore's Success
08:58 - The Big Cycle
12:28 - Interesting History & Economics Lesson
16:40 - Will China Overtake the US?
18:00 - World War III & Bad Times Ahead
23:33 - Do Not Own THIS!
24:35 - What To Do In A Crisis
26:18 - "One Time Will Kill You"
28:34 - The Best Investments
29:21 - 2 Other Important & Big Forces
31:06 - Inflation Is Out Of Control
33:17 - Ray Dalio's Ultimate Advice

https://www.youtube.com/watch?v=IUJMyTJ9gyI

I enjoyed the account of Scotland as the original Rust Belt and pioneer of deaths of despair. Also the comparison of alcoholism in Scotland with alcoholism in Moscow.

But the video is mostly about the USA, and was made a week before the election. Its observations of an out of touch elite have aged well :-)

https://www.armstrongeconomics.com/world-news/taxes/ecash-bidens-attack-on-the-financial-markets/

Reps. Stephen Lynch (D-Mass.), Jesús Chuy Garcia (D-Ill.), Ayanna Pressley (D-Mass.), and Rashida Tlaib (D-Mich.), all Democrats, have introduced the “Electronic Currency And Secure Hardware Act” (ECASH Act) that does far more than just creating a digital currency. This Act cleverly strips the Federal Reserve of its authority to create the money.

There will be no centralized ledger or distributed ledger for it will be non-traceable thereby better than crypto. It is to utilize secured hardware software and it’s issued by the Treasury which eliminates the Federal reserve putting the creation of money in the hands of the White House. They are clever for this will be fully anonymous transactions just like paper money today rather than Blockchains that are designed to track every transaction, which means the government can therefore tie every transaction to the sender and receiver.**

Opinion piece!

The bank of Canada just raised interest rates for the seventh time. An increase of 0.50% that brings the overnight rate to 4.25%. So we can add at least .75% onto that for the people. That's 5% interest rates at a minimum that will force many into bankruptcy and prevent banks from renewing mortgages. Creating a real estate collapse.

Rumours are coming out that the derivatives market has unleashed $80 trillion in debt that now needs to be paid. This makes leman brothers look like chump change and that started the 2008 financial crisis.

The derivatives where used before to hide massive debts in contracts that would only become visible again when the payments stopped. The market was over $600 trillion last time and now it's in the quadrillions with the exact scale of the market hidden from the public.

They never banned these destructive financial instruments. They just used them as a bandaid to buy time. So when they all start coming due they will absolutely devastate the banking industry and collapse the fiat money of the world.

The talk of $80 trillion coming due has been very low key. But I believe it is probably true. The people are in huge debt. Credit cards are maxed, repossessed cars are crushing the used and new car prices and many have just stopped paying their mortgages.

This to a backdrop of 40%+ of small businesses failing to pay full rent in November while even luxury products are going on firesale or stopping production altogether like Rolex.

The richest are suffering now. The controlled demolition of the financial system is on track just as the central banks are rolling out their digital slave money.

The urgency of the situation has been only raised by the relaxation of twatter censorship. Showing that the sheep aren't as sheepish as we have been lead to believe. They are talking about all sorts of corruption, death jabs, election rigging and pizzagate type stuff.

The governments need the pions under full control right now. They need a massive distraction and crisis right now.

This is the crossroads for humanity now. And it has been a massive cluster fuck for the cabal. They surely didn't want to have this many people awakened before they got society shackled.

No military will or can move to stop this. They know the fiat currencies are a fraud and they need to be destroyed. But they don't want to be the ones blamed for it. They want the cabal to do it before they make their move.

I know it's in question if they will even make a move and arrest the traitors. But I think the current events exposing the cabal have all the hallmarks of a counter operation. Why would General Michael Flynn release a book (Citizens Guide to Fifth Generation Warfare) explaining how this war was waged on us just last week. Or the Merriam Websters dictionary naming "gaslighting" the word of 2022. Or the Kanye controversy exposing the Hollywood pedo mafia. Or the msm now allowing the normies to see the truth that the vax is deadly.

We stand at a point in time where countless countries are exposing massive elections fraud. The president of Peru just got arrested. The Brazilian military are ready to take action. Biden is exposed. Massive collusion and corruption is exposed.

None of this can be the result of the cabal orchestrating this. It's a litany of disasters that threaten their takeover.

If the derivatives market is coming apart then we can expect the crash before the end of the year. I wouldn't put it past them to crash it all just days before Christmas as a kick in the nuts to everyone.

Be prepared guys. The military will be on the streets of all countries soon and we will see who they are in allegiance too.

Good luck to you all.

From a comment I made that I think deserves to be its own post:



The rest of your comment is great, but I want to focus in on the specific part I quoted, because people really don't understand the importance of your use of the word "national" to qualify a specific sort of GDP.

Before we had (((economists))), we had actual economists, and those actual economists never used GDP, but, rather, GNP. GDP = Gross Domestic Product. GNP = Gross National Product. You should never have to say "national GDP". You should just used GNP.

Why the (((change))) from GNP to GDP? Mass...fucking...immigration...

A spic crosses the boarder and works for a period of time and "produces some product", but he aint a part of this nation, yet he is domiciled here, or put another way, is a domestic....so he produces a domestic product with his labor. Here's the bitch of it though...he sends as much of it back to Mexico as he possibly can. So we can have the GDP grow and grow and grow, but it doesn't mean it's helping our GNP at all. But why would (((they))) care? This isn't (((their))) nation anyways, is it...?

Link: https://www.upgoat.net/viewpost?postid=6586fbffbe5c8&commentid=65883b6276b96

Merry fucking Christmas...

https://www.businessinsider.com/hiring-slump-professional-white-collar-jobs-recession-high-salary-2024-4?utm_source=pocket-newtab-en-us

"Over the past year or so, pretty much everyone who's looked for a job has told me the same thing: The job market is brutal right now. They've applied to dozens if not hundreds of openings, only to get one or two callbacks. No one's hiring, they tell me. I've never seen it this bad."