Welcome to Roger's Latest Monthly Economic Rant
| - 2007
Late August 2017 Economic Rant - Roger Mason
"In general, the art of government consists in taking as much money as possible from one party of the citizens to give to the other." — Voltaire
DEBT SLAVERY + FAKEMONEY = FINAL COLLAPSE
Egon von Greyerz wrote a stunning article on debt slavery for King World News. Mortgage comes from the Latin word "mortem" or death, and means DEATH PLEDGE. World debt has exploded since 1970. Look at this 72 year chart below. Since 1945 to see that. Egon says world debt has gone up THIRTY NINE TIMES. Actually it is much worse than that. It is really about $2 quadrillion. You can't comprehend $2 quadrillion, can you? Of course not. No one can. U.S. debt alone is now $200 trillion, and not the baloney $20 trillion figure trotted out the government. It's rather amazing the Fed (this is a Federal Reserve chart) finally admits the debt is up to $67 trillion in 2017. That is one third of the real unfunded debt. Our total GNP is a mere $14 trillion (not $18 trillion), so this kind of debt is simply incomprehensible. GNP is total product, and not profit at all. The "Fed" is not federal, has no reserves, and is owned by 12 Zionist banks since 1913 when it was formed. The Fed is the biggest financial scam in world history.
U.S. UNFUNDED DEBT IS REALLY THREE TIMES WORSE THAN THIS
Look at that magic 1970 area. We keep bringing up 1970. America was still reasonably free until then. After 1970 the country quickly changed into a socialist police state and gets worse by the day 47 years later. We are hopelessly drowning in debt. This will be the worst depression the world has ever seen. Buy silver and profit from it.
227 YEAR DEBT CHART FROM CONGRESS BUDGET OFFICE
WHAT CAN YOU DO ABOUT THE COMING COLLAPSE?
What can you do? Buy silver bullion. Put your entire life savings into silver bullion.
This will be the greatest transfer of wealth the world has ever seen. Bonds, stocks, currencies, commercial and residential real estate will all crash and burn. Gold and silver will skyrocket. Silver will outperform gold by at least seven to one. J.P. Morgan Bank has the biggest hoard of silver on earth with 500 million ounces. They may be evil, but they are very very smart. Do you want to bet against JPM? Or bet with them? Buy all the silver you can under $17 and hold it yourself. No storage programs. No silver stocks. No unsafe deposit boxes. You can get creative and hide it very well.
"It is dangerous to be right in matters on which the established authorities are wrong." … Voltaire
GLOBAL WARMING DECIMATING THE COASTAL CAROLINAS
Wilmington, NC is a port city on the Atlantic Ocean warmed by the Gulf Stream. We have palm trees, alligators, oleanders, and Spanish moss. We have a four month swim season every year. The air and ocean temperatures are at 103 year lows! That’s right, the coldest air and coldest ocean temperatures since 1914. In August we are having nights in the 60s, and 78 degree ocean temperatures. The ocean is usually 83 or 84 in August. The night air temperatures are usually in the mid 70s. That gosh darned Global Warming is just killing us down here! Be sure to see Al Gore's second movie An Inconvenient Sequel. He claims he was absolutely correct about Manhattan being underwater, and soon Miami will have "fish swimming in the streets". It seems the media hasn't reported Manhattan being underwater yet.
PAUL KRUGMAN IS A SCREAMING PSYCHOPATH
He is a Jewish government shill who writes for the New York Times, and literally has millions of fans who lap up his Marxist economics. Remember Karl Marx was a rabbi. He is wildly popular among liberals, socialists, and communists.
THERE HAS NEVER ONCE BEEN A DEMOCRACY ON EARTH
You keep hearing politicians like Pelosi, McCain, Schumer, Graham, and others referring to "our democracy". Well, that's funny since there has never once ever been a democracy on this earth. Never once ever. We happen to live in a federal republic. People understandably confuse the adjective "democratic" with the noun "democracy". The popular term democracy is just a code name for socialism and communism. Many years ago Hanoi Jane Fonda told her audiences to call socialism "economic democracy", since people didn't like the word "socialism". Ben Franklin was very clear about this 241 years ago when he said, "We've given you a republic- if you can keep it". Well, we didn't keep it, and now we live in the United Socialist States of America, the U.S.S.A. This is NOT just a matter of semantics or word games at all. Say what you mean and mean what you say, is the essence of communication. Don't use the word democracy, because none has ever existed in the history of man.
CALIFORNIA WILL COLLAPSE SOON
Southern California is now Northern Mexico. California is the first state to be non-white. It is half Latino, and they love socialism and communism. They absolutely hate freedom and love Big Government. There has never once been a free Latino country, and never will be. The same with Asians and blacks (Japan is a totally socialist system), Now white people around the world have also rejected freedom and prosperity for socialism and outright communish. More proof of End Times. Well, the People’s Republic tried to pass a $400 bill universal health care bill. THIS IS LARGER THAN THE ENTIRE STATE BUDGET. That small fact didn’t phase them at all. If passed, the state would have immediately ground to a halt and collapsed. Moonbeam Brown is a hardcore communist who calls himself a "progressive". This health care bill would have given everyone, including illegal aliens, unlimited health care forever!!! Unlimited health care for everyone for eternity. As goes California, so goes the nation. When you see them finally collapse, you know this collapse will flood east, and the entire nation will go under with them. The Peoples Republic used to the the FIFTH largest economy in the world. Now it is just Venezuela on the Left Coast. If the Chinese hit the entire state with neutron bombs they would do us a favor.
AUTO INDUSTRY COLLAPSING UNDER DEBT MOUNTAIN
The auto debts in American now total a trillion dollars!!! The average household has over $29,000 in auto debt!!! No one else has told you that. 40% of this is junk debt, and will result in repossession at a big loss. The coming auto debt implosion is going to be huge. You are going to see car dealerships go under in huge numbers. Auto sales are miserable because people are so deeply in debt. Most people can't afford to maintain and repair their car, buy insurance, and fill it with gas. Please note these "sales" figures only mean they were delivered to the dealers, not that they were sold- or will ever be sold at a profit. July
auto sales were a blood-bath for U.S auto makers. GM’s total sales plunged 15% annually. Ford’s sales were down 7.4%. Chrysler’s sales dropped 10.5%. In aggregate, including foreign-manufactured vehicles, sales were down 7% annually. Car sales have been flat for two years, and are now collapsing. You're going to see a bloodbath here, just like all real estate, mortgage debt, student debt, and credit card debt. Then add stock and bond collapses. America is awash in debt exponentially so badly it is not comprehensible any-more. How many people to you know that aren't up to their ears in debt? Why is every-one living over their heads now? People used to live within their means.
ALL TIME HIGH FOR ASSETS RELATIVE TO INCOME
WE'RE DROWNING N DEBT
Out entire GNP is down to about $14 trillion, not the $18 trillion official figure. We have $1.5 trillion in student debt. We have another trillion in auto debt. We have $2.5 trillion in credit card debt. We are literally drowning in debt. There is no such thing as an unpaid debt. All debts get paid by the buyer or the seller. Do you really think these trillions of dollars will be paid by the government? No, you'll pay this off in the form of the Much Greater Depression. Your house will be worth a fraction of what it is. Dollars will be worthless. You won't have a job. You won't have a pension. You won't get a Social Insecurity check. Food prices will go thru the roof. Prices of everything else you need will also go thru the roof. Silver and gold will explode though. That is the only real money on earth for 5,000 years now. Our Constitution says they are the only real money. Silver is seven times better than gold and will go from a 76 to 1 ratio to probably about 10 to 1. The historical ratio is 15 to 1.
SILVER UNDER $17 IS A STEAL
The GDX has to get over 24 and the HUI over 225 for us to get going.
The gold chart looks much better than the silver chart.
The COT on the 4th was terrible. The Big Banks added an incredible 40,000 gold shorts, and are now 143,000 net short. They added massive 10,000 silver shorts, and are now 39,000 net short. You can forget about precious metals going anywhere up for a few months. This is all we need to know for now.
The COT on the 11th was terrible again. The Big Banks added 16,000 gold shorts and are now 160,000 net short. Silver was unchanged.
If you still have JNUG sell it. That was a big disappointment.
TOP PRIMARY SILVER MINES FAILING BADLY
Eventually prices always depend on supply and demand. The gold and silver prices have been manipulated by the Big Banks for a long time. All this will end as we are about out of silver. Supplies are falling. Demand is rising. Go with reality as it always wins in the end.
SOCIAL INSECURITY $46 TRILLION IN DEBT
The government has admitted Social Insecurity is now $46 trillion in debt. The trustees informed Congress in writing about this. The entire GNP is only $14 trillion, so this is more than three times our entire annual production of goods and services. Why isn’t this on TV and in the newspaper? There was a blackout on this. Only the Internet will tell you. This means soon no one will get a Social Insecurity check. Folks, this is YOUR money- you paid the government all your life for this Ponzi scheme. If you had invested your money privately you would come out far, far richer than this fraudulent theft of your money. Tens of millions of people depend on that monthly check to eat, and keep a roof over their heads. There is obviously no remedy at all here. You’ll see tens of millions of elderly people starve in the street.
SEVEN YEAR SILVER CHART SHOWS POWERFUL BASING ACTION
We may get little or no good action in precious metals for a few months, but the basing action is simply tremendous. It seems silver bottomed in January 2016. Be right and sit tight. Buy value and hold for the long term. There is simply nothing else to put your savings in. No currency on earth has any value. No stocks or bonds. No commercial or residential real estate. In fact all these are bubbles and ready to collapse.
WOMEN DON'T BELONG IN POLITICS
Look at the 15 fat, ugly, mostly les-bean, nasty, disgusting women below. They are all professional politicians. Women simply don't belong in politics. They are too good to have anything to do with that. The people around the world elect them though. Notice none of them are conservatives. They are all socialists and communists.FEMALE POLITICIANS ARE FAT, NASTY, AND UGLY
THREE MONTH DJT CHART DOESN’T VALIDATE DJI
Dow Theory works. Dow Theory says the DJI, DJT, and DJU must rise or fall together to make a true, valid trend. Well, the DJT says this is not currently a true valid trend. The DJU is neutral and not bullish.
STUDENT LOANS GOVERNMENT TRAP FOR SLAVES
Student loans are now almost $1.5 trillion and growing every day. Remember our GNP is down to only about $14 trillion. Never forget the government hates you. The government is your enemy. You’re a mere serf, a peasant, a beggar to them. This entire student loan program was designed to make DEBT SLAVES out of stupid young people who can’t see tomorrow. The interest rates run 4.5% to 7.5%, an average of 6%. If a student borrows a mere $50,000, they will pay $3,000 in interest alone every year. You have to make $4,500 to keep $3,000 after taxes.
If you don’t pay the interest, you go to prison for violation a court order. Yes, prison. If you just pay the interest on $50,000 for sixty years you would pay $180,000 on the loan, and STILL OWE $50,000. If you paid an extra $1,000 for 50 years you would finally pay it off. Well, don’t people make a lot more money with a college degree? No, not really in the real world for a lot of reasons. Many never finish college.
Most choose careers with low paying jobs. Many choose subjects they’ll never got a job in (e.g. gender studies race relations, archeology, etc.). Many are simply unqualified to go to college in the first place. Many want to go to college merely to enhance their status. The cost of college tuition has exploded in the past twenty years. Only people with high intelligence and ambition should go to college. Now the government has millions of debt slaves paying them endless billions of dollars in interest every year for the rest of their lives. These poor naive young people are just cash cows for the government. This is exactly what the authorities want- a country of impoverished helpless peasants to rule over. More and more we are going in the direction of Cuba, North Korea, and Myranmar (Burma).
ALL GAS AND DIESEL CARS TO BE BANNED
Germany, Norway, Britain, France, and other countries are trying to ban all non-electric cars by 2025. Good luck on that. No one ever asks where the electricity will come from. If tens of millions of people used electric cars there would be no way in hell to provide the electricity or build enough new generators. No one could travel more than, say, 60 miles from their home. Volvo promised to only produce electric cars in 2019. It takes 8 hours at 220 V to charge these overpriced golf carts. You can’t put charging stations on every corner and sit there for 8 hours. The Peoples Republic of California is trying to do the same thing, and is watching Europe carefully to learn how to do it. Now can you see the entire world went insane a long time ago? Electricity isn’t free, and doesn’t come from the Moon. Hydroelectric is great, but very, very limited. Solar, wind, and biofuels are too ridiculous to even talk about anymore. None of them work at all. This leaves coal, natural gas, and nuclear generators. All things the liberals claim to hate. More proof liberalism is a mental illness.
Every state in America should have one or more SASOL plants. We could make gasoline, diesel, and jet fuel for $2 a gallon from coal. We have 1,000 years of known coal reserves right here in this country. Carbon dioxide (the liberals call this “carbon” and “carbon emissions”) is a life giving gas, and we would all be dead without it. It is integral to photosynthesis and the production of oxygen from plants. There is only 0.04% (400 parts per million) in the air. Without it the planet would be a dead, lifeless rock. Carbon dioxide is a life giving, vital part of the ecosystem.
WHAT IS A NEOCON?
We would not have perpetual wars in the Middle East if the Neocons did not take their orders from Israel. Even George W. Bush implicitly admitted this. George W. Bush once asked his father to define neoconservatism. “‘What’s a neocon?’ "Do you want names, or a description?" answered (the elder Bush). "A description", he answered. "Well," said the former president of the United States, "I’ll give it to you in one word: Israel."
GREENSPAN WARNS BONDS WILL COLLAPSE ANY DAY
Former Federal Reserve Chairman Alan Greenspan issued a bold warning Friday that the bond market is on the cusp of a collapse that also will threaten stock prices. In a CNBC interview, the longtime central bank chief said the prolonged period of low interest rates is about to end and, with it, a bull market in fixed income that has lasted more than three decades. "The current level of interest rates is abnormally low and there's only one direct-ion in which they can go, and when they start they will be rather rapid," Greenspan said on Squawk Box. Source: CNBC
NORTH KOREA “CRISIS” WAS ALL SMOKE AND NOISE
This whole North Korea situation was just be a lot of smoke and noise folks. Just watch oil, the Dow, silver and gold to see if this is the real deal. Oil will take off, stocks will fall, and gold (and silver) will go up strongly. The media talked incessantly about war with North Korea for a week. People understandably were scared. The markets did move a little, but said war was NOT on the horizon. All this did put us closer to nuclear war however. North Korea is a most serious threat to world peace. This is a warning to prepare and be ready for whatever is ahead of us. If you haven't seriously prepped by now, you're hopeless. Starve to death in the street with the rest of the sheeple. Go out and buy gasoline! If you don't have 5 gallon gas containers, then buy at least four. Fill your cars and trucks. Gasoline (and diesel) will be the worst problems we face if war actually kicks off. The real solution here is to get a 100 gallon propane tank installed in your yard and converting your generator to propane for $200 with a conversion kit. It's better to have it and not need it, than to need it and not have it. Be prepared. Always be prepared. Use gasoline within 6 months (it will go to 12 months in a conditioned space, but it's not a good idea) and refill them. Put dates on the containers. Propane lasts forever.
The Big Question is what will China do about North Korea? Will they sit on the sidelines? Protect North Korea? Help us put an end to this evil regime? Never forget that China wants North Korea as a buffer between them and South Korea. In North Korea the only way to get enough to eat is to join the military. Women need not apply. Well, they can no longer feed the soldiers. Their only export is coal to China. Well, China cut off most- but not all- of their coal imports from them. North Korea is going down in flames.
WHAT DOES THE TALMUD SAY?
The Talmud is the heart and soul of Judaism. It was written over 1,500 years ago in the year 500. Here is a direct quote from the Midrasch Talpioth section of the Talmud. Only Jews are humans, and everyone else are just beasts in clothes. You can't argue with this, as it is a direct quote.
ILLINOIS IS THE FIRST OF 50 DOMINOES TO FALL
We all know the Socialist State of Illinois is completely, totally, and hopeless bankrupt. This is what socialism and big government always bring- failure in every possible way. The governor admitted it was a, "banana republic". Many other states are also bankrupt and will soon have to admit it publicly. People are fleeing in droves, especially the rich. The rich always leave first. Over 3,000 millionaires have already left. The state is 75% white, so don't blame those poor black people. The government has gone completely insane, and is raising taxes dramatically every way they can. Trust government to always make conditions worse in every way. THE PENSIONS WERE VAPORIZED DECADES AGO. All the sheeple expecting private or public pensions will literally starve in the street. Screw all of them.
MENINGITIS B FAKE VACCINE SCARE- ONLY 1 in 2,000,000!!!
You've seen the ads for Bexsero on TV. There are five serotypes of Meningitis in the world- A, B, C, W, and Y. Only B, C, and Y exist in America. There are only about 500 cases of Meningitis annually here. That means there are only about 160 cases of serotype B out of 312 million people. THIS IS ONE IN TWO MILLION AFFECTED. Did you read that? 1 in 2,000,000. In a state with 10 million people you would expect only 2 cases every year. This vaccine is dangerous stuff folks, and has serious side effects. It really doesn't even have any proven protection against Meningitis B.
MASSIVE HOUSING CRASH OVERDUE AFTER 9 YEARS
In 2008 we had a huge housing crash. Well, this one is going to be much worse. This crash is going to be a humdinger, as everyone is broke. Green is inexpensive houses. Blue is mid-priced houses. Orange is expensive houses. Thanks to CoreLogic for this great chart.
JAMES FIELDS, THE CHARLOTTESVILLE KILLER, IS JEWISH
James Fields was the driver in the car who ran into the crowd and killed one woman. He is anything by a racist member of a white supremacist group. He is Jewish, and his mother is Samantha Bloom. This qualifies him to be a Conservative or Orthodox Jew, since he is born of a Jewish mother. The license plate on his car is "1111". This is a Kaballah, numerology, Satanist number. You won't hear these things on Fox News folks. Was anyone killed? Another hoax by "your" government and the DHS.
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