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Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Trump's hidden agenda PLEASE READ / SHARE
Posted by:
VoteStrike
()
Date: November 29, 2018 11:17AM
The US KBW Bank index, which tracks large US banks and serves as a benchmark for the banking sector, is down 2.5% at the moment. It has dropped 17% from its post-Financial Crisis high on January 29.
Of course European banking stocks are doing much worse. Right now they are down 27 percent from the peak and 23 percent from a year ago.
If they aren’t healthy, nobody is going to be healthy for long, and it is starting to look and feel a whole lot like 2008.
I have previously warned my readers that the damage caused by this trade war would get progressively worse the longer that it lasts.
Many companies have been trying to ride it out, but eventually the money runs out and layoffs start happening…
A soft landing for America 40 years from now? Don’t bet on it. The demise of the United States as the global superpower could come far more quickly than anyone imagines.
People need to understand the threat is at their doorstep. It’s not a few years off or a decade away; it’s here now. We are right in the middle of collapse.
Each one of the FAANG stocks is now down by more than 20 percent, and they have combined to lose more than a trillion dollars in value. We haven’t seen anything like this since the financial crisis of 2008, and at this point all of Wall Street’s gains for 2018 have been completely wiped out.
The following numbers come from CNBC…
Facebook: $253 billion
Amazon: $280 billion
Apple: $253 billion
Netflix: $67 billion
Alphabet: $164 billion
When you add those figures together, you get a grand total of 1.02 trillion dollars.
Our economy is more dependent on Wall Street than ever, and it is absolutely imperative that we have a healthy financial system. Now that the financial system is starting to crumble, a lot of people are becoming highly alarmed.
As a result, economic activity will crash at a pace that will make 2008 look like a Sunday picnic.
Our system will not be able to handle a decline of that magnitude. There is more leverage on Wall Street today than ever before, and a huge decline in stock prices would lead to a meltdown unlike anything we have ever witnessed.
While the initial scenario we face in America will be one of stagflation, many necessities and the means to produce those necessities will skyrocket in cost. There may not be inflation in every sector of the economy because imploding demand could offset some of the effects of falling currency value, but there will be extreme inflation in the areas that hurt common people most.
In our highly interdependent system in the West in which more than 80 percent of the population has been domesticated and is psychologically incapable of self-reliance, it is very likely that a disruption of normal supply chains and services would result in considerable poverty and death. Such a threat would invariably lead frightened and unprepared people to demand increased government controls so that they can return to the level of comfort they have grown accustomed to.
Their solution will be predictable.
MARTIAL LAW
Much has recently been written about the possibility of impeaching President Trump. We should be looking at the possibility that President Trump will find himself believing that he is in a corner, under siege, and he will resort to what all trapped animals do — fight like crazy to survive.
CONTINUE READING HERE:
Trump's hidden agenda PLEASE READ / SHARE
http://ronsspot.org/leak-top-secret-classified/
Edited 1 time(s). Last edit at 11/29/2018 11:20AM by VoteStrike.
Attachments:
Of course European banking stocks are doing much worse. Right now they are down 27 percent from the peak and 23 percent from a year ago.
If they aren’t healthy, nobody is going to be healthy for long, and it is starting to look and feel a whole lot like 2008.
I have previously warned my readers that the damage caused by this trade war would get progressively worse the longer that it lasts.
Many companies have been trying to ride it out, but eventually the money runs out and layoffs start happening…
A soft landing for America 40 years from now? Don’t bet on it. The demise of the United States as the global superpower could come far more quickly than anyone imagines.
People need to understand the threat is at their doorstep. It’s not a few years off or a decade away; it’s here now. We are right in the middle of collapse.
Each one of the FAANG stocks is now down by more than 20 percent, and they have combined to lose more than a trillion dollars in value. We haven’t seen anything like this since the financial crisis of 2008, and at this point all of Wall Street’s gains for 2018 have been completely wiped out.
The following numbers come from CNBC…
Facebook: $253 billion
Amazon: $280 billion
Apple: $253 billion
Netflix: $67 billion
Alphabet: $164 billion
When you add those figures together, you get a grand total of 1.02 trillion dollars.
Our economy is more dependent on Wall Street than ever, and it is absolutely imperative that we have a healthy financial system. Now that the financial system is starting to crumble, a lot of people are becoming highly alarmed.
As a result, economic activity will crash at a pace that will make 2008 look like a Sunday picnic.
Our system will not be able to handle a decline of that magnitude. There is more leverage on Wall Street today than ever before, and a huge decline in stock prices would lead to a meltdown unlike anything we have ever witnessed.
While the initial scenario we face in America will be one of stagflation, many necessities and the means to produce those necessities will skyrocket in cost. There may not be inflation in every sector of the economy because imploding demand could offset some of the effects of falling currency value, but there will be extreme inflation in the areas that hurt common people most.
In our highly interdependent system in the West in which more than 80 percent of the population has been domesticated and is psychologically incapable of self-reliance, it is very likely that a disruption of normal supply chains and services would result in considerable poverty and death. Such a threat would invariably lead frightened and unprepared people to demand increased government controls so that they can return to the level of comfort they have grown accustomed to.
Their solution will be predictable.
MARTIAL LAW
Much has recently been written about the possibility of impeaching President Trump. We should be looking at the possibility that President Trump will find himself believing that he is in a corner, under siege, and he will resort to what all trapped animals do — fight like crazy to survive.
CONTINUE READING HERE:
Trump's hidden agenda PLEASE READ / SHARE
http://ronsspot.org/leak-top-secret-classified/
Edited 1 time(s). Last edit at 11/29/2018 11:20AM by VoteStrike.
Attachments: