Been a number of interesting news and articles out this week.
It has also been a good week for conflicting reports as well. Layoffs from several chains and brands, some bad economic data then some good economic data. Housing starts were supposedly up by 11% or so along with over all new housing prices rising.
Seems like anything you read these days is either being quickly down played or accused of being dis-information and very quickly rebutted by a story claiming the exact opposite. I have seen a report about Mexico applying to join the BRICS which was disappeared almost over night and claimed to be a hoax. Maybe it was. The only interesting article I found that was not denied as being a hoax or whatever but was still disappeared pretty quick was the texts between Putin and Xi about the new world order and changing things more than anytime in 100 years. This bit of news got good coverage the first night and then was ignored until today we started seeing articles about how economic conditions after WWI was the actual topic of said texts.
I read articles predicting more lumber price decreases and then flipped over and saw predictions of massive increases as new construction begins again and new home priced rise due to Spring.
The other piece of good news was how the one world greeny types got trounced in the Netherlands elections but again it pretty much ignored by Main Stream Media as they posted a lot about arresting Trump.
We are still at the beginning of this roller coaster and the deniers and BiteMe supporters are going to claim everything is fine and recovering until they can't so don't decide to put anything off due to their lies. At the very least everyone should attempt to make sure they are food sufficient for the next Winter plus six months minimum.
We are going to see a lot of conflicting information and out right lies from every angle going forward and I doubt if we will be told the truth of any of it. Don't expect prices on anything to drop but do expect a lot of artificial shortages and made up excuses. Inflation will remain but the quislings have not been touched yet and their money is still rolling in to keep them loyal.
Once we start hearing about Munies and government pensions being short or school closing that is when we will finally be allowed to see some of the actual effects of these issues. Until then the old rule of thumb "deny deny deny" will be the norm.
Pay close attention to leader wannabe's flip flopping now. Don't trust em going forward it they suddenly change their stance on key issues. The next few months at least are going to a time of perseverance and holding the course or we will be shattered by their lies.
Keep Prepping Everyone!!!
We are in the looting the treasury stage of collapse, I suspect.ReplyDelete
Interesting news in the meaning of "Interesting Times" in Chinese curse.ReplyDelete
Treasury Secretary Janet Yellen will convene the heads of top US financial regulators Friday morning for a previously unscheduled meeting of the Financial Stability Oversight Council.
The meeting will be closed to the public, the Treasury Department said in a statement. The Treasury didn’t say what time the meeting would begin, and it wasn’t immediately clear whether the council would issue a statement following the meeting.
The step comes as regulators continue efforts to instill calm in financial markets and among bank depositors following the recent failure of two mid-sized lenders in the US and the near-collapse of banking giant ...
We maybe quite near to a Banking Holiday. Even bank run credit cards can be frozen while they figure things out. Look on the back of your cards to see what bank own it.
Got cash and a deep pantry?
Michael - thanks for the link and heads up. I think you are 100% correct and it's going to get worse even faster than I first thought. Wonder how many average Joes have been jumped on by the IRS new guys already this year too?Delete
As far as I know the "new 87K IRS agents" haven't been funded by the House.ReplyDelete
Given the lack of honor for the Constitutions rules that might be a moot point.
But again as far as I've heard nothing about the extra IRS agents.
Franly I'm far more worried about cash being outlawed for the E-Dollar they've been trying to slide through various bills.
A Chinese Social Score and no cash, Stalin would be amazed.
Michael - With some of the recent SCOTUS calls on guncontrol and such I don't think a social score will get very far. I am thinking for the next few years anyway the Constitution maybe safer than it has been recently but depending on how far the Dems stretch their cheating it all can change fast too.Delete