Posts

👉Jobless Claims And Evictions Soaring to Historical Record Highs !!

Image
👉Jobless Claims And Evictions Soaring to Historical Record Highs !!





We have never seen anything like this in our history. Banks falter. Infrastructure crumbles. Schools closed. Retail sales are tumbling. Consumer spending plummeting. System fails. Small businesses giving up and going under for good.Especially those with high fixed overhead, restaurants, bars, gyms. It is going to take years to recover from that. Corporate America is more indebted today than ever before. And an average of one million Americans are losing their jobs every and each week. Overall, 57.3 million Americans have filed new claims for unemployment benefits over the past 22 weeks. All this while Law and Order are crumbling. Say hello to the depression. The number of people who newly lost their work and filed for initial state or federal UI in the week jumped to 1.43 million. A rate of 6 million a month. And you can add to that another 543,000 for new claims filed under a separate program for self-employed a…

👉Dr. Ron Paul : This is How I would Fix America

Image
👉Dr. Ron Paul : This is How I would Fix America





Welcome to the Atlantis Report. Today we have a very distinguished guest: Former presidential candidate and congressman Dr. Ron Paul. Dr. Ron Paul ran for president several times, the last one in 2008 as a republican. Dr. Paul advocated for non-interventionism, sound money, and individual liberty throughout his career and became the figurehead of a libertarian movement through his presidential campaigns. He is the author of several books, including End The Fed and Swords Into Plowshares.


👉The Truth About The Stock Market Bubble -- How much bigger can it Get

Image
👉The Truth About The Stock Market Bubble -- How much bigger can it Get






Evictions, GDP numbers, unemployment, business closures. All point to an economic disaster. Meanwhile, the stock market continues to break records, especially Nasdaq. The market is 75% overvalued, but this doesn't mean anything. Everything is fake anymore. Give away 3 or 4 trillion, and the market loves it. Most businesses are losing money, and the market loves it. Could this last forever ?. This market is skating on proverbial thin ice. The stock markets are always going toward a bubble. Knowing when it (they) will pop is the answer that people don't know. “What would it take for the bubble to pop?” Can the Fed continue buying debt at the current rate of $3 billion an hour indefinitely? Can the government mandate no evictions forever? . How high can this stock market go? For perspective, it took the market four years to reach a price-earnings ratio of 25; and a market cap to GDP of 120% after th…

COVID: what was the plan all along?

Image
COVID: what was the plan all along?




As time goes by covid-19 has proven not to be the hammer or tsunami we feared. It has not taken the large number of lives many experts predicted but it has brought the economy to its knees. It now seems covid-19 is just a deadly bug that will probably with us for some time. Not only has it spread slower than we were told it would but the fatality rate is far lower than many "experts" predicted. Still, this inconsistent beast holds society confused and paralyzed with fear. The article below is an effort to give this subject some context and frame of reference. Over time answers have begun to emerge as to the extent covid-19 will have to impact our lives in coming years, however, the truth is being diluted and held hostage by politics. Because I live in a rather conservative area my views may be a bit skewed when it comes to how other Americans see the government's role in handling the pandemic. Interestingly, it is mainstream media t…

👉Mortgage Market Meltdown : Delinquencies Reach Highest Level Since 2011 !!

Image
👉Mortgage Market Meltdown : Delinquencies Reach Highest Level Since 2011 !!



A house was a need, then it became an asset, and now an investment, and even speculative instrument in many cities. Buying a house in 2020 would be like buying a house in 2006! Anyone who buys a house right now is either a millionaire or an idiot. In about September or a little bit after, the government stimulus package will end, and you will see the real economy plays out. Layoffs will skyrocket, followed by bankruptcies, followed by foreclosures, and followed by the great abyss of depression. The average house is way beyond affordable for the average income in many areas of the country. We are overdue for a correction. It is a myth that an average income person should be able to afford an average priced home. There is a reason why less than 2/3 of Americans own their homes, and the rest are renters. If you have a mortgage or you're looking to take a mortgage out in their future or even refin…

👉 The Stock Market due for a Crash , Facebook releases Libra , The Fed behind the Robinhood App !!

Image
👉 The Stock Market due for a Crash , Facebook releases Libra , The Fed behind the Robinhood App !!







There are no investors in the stock market; there are only gamblers. The only reason you buy a stock is because you think the price will go up, and the only reason somebody is willing to sell you that stock is because they believe the price will go down. One of you will be wrong, but by the time you figure out who is right and who is wrong, one of you will have cash in your checking account, and the other will have a piece of paper called a stock certificate. Apparently, every generation has to learn the hard way about stock market bubbles, and now it's Generation Z's turn while they're stuck in lockdown with their Robinhood app. But, this stock bubble is exceptionally obscene when the real unemployment rate is over 20%. Always arriving but somehow, never getting there. It is a sucker's market, folks. It is rife with amateurs buying bankrupt companies, companies heavily …

👉Sovereign Debt, Matters : We are in a Fat Ugly Monster Bubble !!

Image
👉Sovereign Debt, Matters : We are in a Fat Ugly Monster Bubble !!



Total U.S. debt reaches $55.9 trillion amid significant increases in corporate and government borrowing. Total domestic nonfinancial debt jumped by 11.7% to $55.9 trillion, the Fed said in its quarterly statement on domestic financial accounts. The debt had increased by 3.2% in Q4 of 2019. The biggest debt gain comes on the business side, rising 18.8%, while federal government debt also jumped 14.3%. Total federal debt recently passed $26 trillion. We have raised 96% of that debt ($24.5 TRILLION debt) since 1981 or less than 39 years ago. It took the US over two centuries to accumulate its first trillion dollars in federal debt, a number which was surpassed for the first time in the fourth quarter of 1981. What is stunning, however, is the recent pace of increase: total debt was "only" $23.5 trillion on March 23, the day the Fed unleashed unlimited QE, meaning that in two and a half months, the US has added…