We’ve seen that the West stopped the peace initiative between Russia and the Ukraine in May 2022. We’ve seen too that the US foreign policy elite seem almost desperately eager to avoid a Trump-led set
The western power elites don't like peace for many reasons. They need a boogeyman to get the masses behind them to profit by spending away their kids and grandkids futures and also away from the economic misery they cause. Not a Trump supporter but under his term in office he brokered some impressive peace deals like Israel and Saudi Arabia that the Biden Adin quickly killed off. That explains why the media and the elites (Cheney, Etc.) despise him so much, they cannot control him like they could Bush, Obama, Biden, etc.
You nail it Bob! They especially hate Tump because he exposes their lies and plan exactly like podcasts from individuals expose Covid lies, the purpose of wokism and climate change and abortion positions as having some meaning. It is an information war that is destroying the elite and obviously they want their positions of power. Trump and the explosion of information war, due to the internet, is exposing the lies and corruption of our current "leaders." They all need to have war to overrule exposure of their incompetence. I don't support Trump except that we need the information explosion to expose the Davosian / globalist lies and persistence of not upholding their oath to uphold the US Constitution. Trump at least realizes we are in a war with traitors for America as its constitution lays out.
Right on Mac. Unfortunately, I don’t think Trump had a clue about how bad things really are his first go around. He definitely will not make that mistake again and will be demonized when he starts to clean house. Sucks to be the left, we’re gonna take the country back like it or not, and hopefully those guilty of treason (and there’s a lot of them) will get what they deserve.
That is if we can avoid World War III (It’s quickly becoming their final option and I think many of the scumbags have already accepted that fact) and we start taking appropriate action when their brown shirts begin to try to burn the country down again starting on November 7 or so…
Starboard I think you nail it with this comment. BUT, though they are being exposed we can't know the final result until it happens. We don't really know the result of November 7th or after if the winner really is placed in office and even then I don't see the globalists giving up unless their followers do.
Mr. Mackinac, I still say that the foreign policy crowd would have very limited power if it wasn't for the millions of good-paying American jobs with benefits that the U.S. Defense Dept. creates via almost $1T in annual spending. The big boys skim the cream, but the lion's share of the spending provides millions of U.S. jobs. But as Bill has pointed out (which he doesn't seem to do anymore), these jobs create many weapons and weapon systems the U.S. doesn't need. The U.S. has a nuclear sub force (the ultimate peace keepers) that can annihilate any adversary on the planet. In fact, multiple adversaries at once. Now that's a force worth funding.
A number of years ago, Sarah Palin made this same point when she talked about the Bridge To Nowhere. Many jobs are created to build the bridge, but what national wealth does it actually build? None, because it serves only to create make-work jobs, not provide a useful bridge.
For the U.S., the 21st Century has been a make-work jobs century so far, creating $99T in U.S. public and private debt, which can't be sustained forever.
Make work jobs: It's just Democrats buying more votes. Just never ending. Republicans get some vote buying effect too. To have a real economy we just have to wait for the current mess to collapse and then the socialism bell will be ringing loudly. I don't see a real economy in my life time.
Truth, yet Bill’s terminal TDS will not allow him to even consider those facts. Instead, he supports terrorists who would kill him as quickly as look at him, while gaslighting the rest of us into thinking he knows what he’s talking about on this subject…
The elites don't like peace because they are losing the information war. See the book "Revolt of the Public." Their lies, collusion and corruption are being exposed by the internet information explosion. So they must create war to maintain their power. Sponsoring 35T in debt and censorship through collusion with MSMedia, oovid lies, violating the US Constitution in as many ways possible wasn't enough. Their only hope is war with America's "long term and constantly propagndized "ENEMIES" is their last hope. They are most likely to fail because they can no longer control the information explosion provided through the internet to the Public.
So, that being the case, you still not a Trump supporter? I hope your answer is a no vote instead of supporting Kamala and this marxist government we now have in control.
I will vote for Trump but I wish he would reign in some of his remarks even though I know the press is taking them out of context. Harris might as well be a sock puppet.
Yeah, I know what you mean, but I wish people would quit looking at the man so much as to what he has done regarding his "promises". I find it hard to listen to his speeches but do still believe that he will do what he says he will do. Argentina is a good example of what I hope could happen here. Javier Milei is my new hero. We need a chainsaw in the White House.
💯+💯 your scenario of the corruptibles who’s hate filled behavior does indeed move the needle on the dial past the repetition redline indicator of “…power tends to corrupt and absolute power corrupts absolutely…”
Milei is the right man because he knows that Individuals do not want a greater amount of money in their pockets, rather they want greater purchasing power. “Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” POTUS #40 "Inflation is always and everywhere a monetary phenomenon." Milton Friedman.
Regards,
Mark
P.S. All other things being equal, a decline in the supply of money causes an increase in the purchasing power of money (PPM). Conversely, purchasing power falls with an increase in the supply of money.
Israel never wanted war but it finally concluded that being surrounded in a small geographical area by enemies that were determined to destroy it meant that it was destroy or be destroyed. Never Again meant that it had to take the fight to the enemy rather than let the enemy bring the fight to Israel. And now Israel has an overwhelming technological advantage, a gap which is more likely to grow smaller in the years ahead than it is to grow larger. The handwriting has been on the wall for a long time. Now is the time.
Now, Brien, frank and accurate assessment of Israel's situation is just not allowed. Non-PC entities are never free to pursue self-interest unencumbered and without handicap. ("Oh, Lawd, no! He wrote 'handicap'! Not that!")
The “relaxation and cooperation” are all Head Fakes to buy time for Israel’s enemies to gain an advantage. They are not real peace initiatives. Israel knows this
The history of the last 60 years or so proves your statement. The majority of the Muslim world has zero interest in peace with Israel. I don’t know why so many people have a hard time believing what they say, what their documents spell out and their actions, but here we are. SMFH…
Once again, I must comment on how full of s_ _t you are. Israel has never attacked for no reason. Every military response has been a response to an attack on them. You are wrong about Nasrallah; he would have attacked Israel in a minute if he felt he could win. Finally, Netanyahu financing Hamas; give proof or keep your mouth shut.
He won’t give any proof of the conspiracy theory that Israel created and supports hamas, because there is none. See how this whole conspiracy theory game works? People like me keep being proven correct while the left only uses the term when they think it will benefit them or advance/“justify” some particular piece of evil.
Bill’s offering is really, really weak today and not worthy of BPR, even if it is his name on the shingle…
Spot on Mr Porter and thank you. Our enemies are not mere adversaries and they are keeping tabs and know exactly what round we are in. There is an endless list of examples…
▫️U.S. Embassy in Tehran November 4, 1979.
▫️Israeli embassy in Buenos Aires on March 17, 1992.
▫️World Trade Center on February 26, 1993.
Winston Churchill said, "Never yield to force; never yield to the apparently overwhelming might of the enemy".
Israel’s enemies have not been “restrained” in any way whatsoever. They have been losing. Badly. Where were the calls for a cease fire during daily rocket launches into Israel from Hezbollah? Crickets from Bill.
Perhaps you have intel I know nothing about, but what makes you think that Sayyed Nasrallah was "one of the chief restrainers"? It is hard to "restrain" military power you don't have.
I'm in the camp of those who believe the whole mess is a possible setup for the Ezekiel 38-39 war. Russia, Iran, Turkey, Yemen, Lybia, Ethiopia and others, will eventually initiate a ground war against Israel from the north. Saudi Arabia, Jordan and Egypt will sit it out. And, the invaders will be devinely destroyed while Israel is in great fear because of the overwhelming size of the force.
Will it happen sooner rather than later? Don't know. Just connecting dots.
Hi Mr. Russell, I believe you’ve nailed it. Headlines from the last 45 days or so could’ve been taken directly out of Ezekiel 37-39, as well as from Romans 11. God is trying to get the attention of those who have eyes to see and ears to hear.
Yes, the dots to be connected are many Mr Russell. Indeed, a sooner or later can hold the prospect of rolling, sporadic waves ahead of persistent and pervasive. As in Ezekiel, the carrion birds will be fed well.
According to Tom Luongo's piece in this month's "Financial Intelligence Report" the West namely, Chevron, Exxon, and BP had contracts via Burissma that would have enriched the UK, Bank of England backed bondholders, and other elite operatives had the war been decisively won with the oil-rich eastern Ukraine territories. Having taken those oil-rich eastern Ukraine lands early on and not relented, big losses are on the horizon for bondholders whose collateral is now being held in Russian hands. So Europe et. al. stand to go bankrupt if the war ends as it is now. I am giving you what I got from Luongo's article and I may have missed something, but this is the gist. My thoughts: Think about where all this financial desperation could lead. A Trump win would be their biggest nightmare, they might even risk WW3 if it gave them a path to securing their collateral and avoiding financial ruin.
Bill Holter is on record as saying 65-70% chance the election does not occur. His reason? We are verging on a credit crisis. War would be a way out of both problems, and if not a way out, then a considerable delay. I don't know enough to agree or disagree with Holter one way or the other, but I believe it is a possibility, especially if "they" believe Kamala cannot be elected or will not be installed. Best always. PM
Hi Paul, Mark here. There is a credit bubble. There are some additional land mines. The Fed’s 50 basis point rate cut is unlikely to prevent or stave off recession as 22 years of negative real Fed funds rates have caused record debt and bubbles.
The US faces (3) three (arguably major) **economic bubbles: real estate at 104% of GDP, equities at ~ 21X earnings, and corporate private credit debt at 104% of GDP, all at record highs. Looming gulf coast and east coast marine terminal disruptions.
My sobering acknowledgement, that I will not be alone; a potential 40% drop in home prices and 45% drop in stocks could wipe out assets of the top 20% of consumers who own 68% of homes, triggering a multiple choice of predicament outcomes…severe recession...dollar (fiat) devaluation\revaluation…prolonged stagflation…deflation…depression… [?]
adapt improvise overcome
M
**OSInt attribution - https://youtu.be/c-zlzFnEy3Q - Michael Pento on The Jay Martin Show: video entitled Final Warning 3 Market Bubbles that must Collapse!
Brother Mark, thanks for this insightful analysis. Pento is a very savvy player/observer/commenter in this mess. I read his book about the coming collapse in bond markets, which is, of course, what happens in a debt crisis. I don't worry about it (not much, anyway), because there's nothing I can do about it. I fretted and fumed and drove myself nuts for 40 years, and all things did was keep on with the same ol' stuff! What it reminds me of is one of those overloaded boats teeming with migrants in the Mediterranean or Caribbean. Some of them get through, but most don't. Best always. PM
"They insist that Israel stop the killing; but then, Israel continues... and the US sends more weapons." As always, watch what they do, not what they say.
Mankind’s history is replete with periods of wash, rinse, repeat.
Luke 12:51-56 NIV
51 Do you think I came to bring peace on earth? No, I tell you, but division.
52 From now on there will be five in one family divided against each other, three against two and two against three.
53 They will be divided, father against son and son against father, mother against daughter and daughter against mother, mother-in-law against daughter-in-law and daughter-in-law against mother-in-law.” Interpreting the Times
54 He said to the crowd: “When you see a cloud rising in the west, immediately you say, ‘It’s going to rain,’ and it does.
55 And when the south wind blows, you say, ‘It’s going to be hot,’ and it is.
56 Hypocrites! You know how to interpret the appearance of the earth and the sky. How is it that you don’t know how to interpret this present time?
What are you youngsters all upset about? As soon as the Dow/Gold ratio reaches Tom's goal, everything will be wonderful again. We can all start buying stocks again and wait a few years and become millionaires. Never mine our debt, the possible election of Harris, China taking Taiwan. the current Russian/Ukranian war, the upcoming Brics country "get together" (which could lead to big time dollar devaluation), and the current mideast war. That's just the things that this old man can think of. By the way, Bill and the Arabs might keep in mind that "God's" chosen people are the Jews. The've paid a dear price for lenghthy periods of non belief but in the long run their enemies seemed to be "eliminated". Anyway, I'm happy for you young future millionaires, because "this time it will not be different".
Always found it difficult to believe in a God who has "Chosen People". This powerful and all knowing "God" created mankind but decided that most of his creation was inferior to a Chosen People. Why would an all knowing God create us, the non Jewish people, in the first place?
Cartero, I'm no biblical scholar but didn't God send Jesus to the world to give us all the same opportunity, as the Jews. The Jews weren't promised a "rose garden" and neither were the Gentiles. I believe that those that accept Jesus, repent and if they try to follow the "rules", the best they can, will be rewarded with a heavenly body and be with Jesus and our God Jehovah for eternity. The choice is up to us, Jew or Gentile.
Here's a question for biblical scholars: If God sent his son to the world for man's salvation, and you must accept Jesus to be saved, why did he choose the Middle East? Wouldn't it have been fairer to send the message to everyone in the world?
That's precisely what has been happening for the last 2,000+ years.
PS - Just finished "The Dragon's Prophecy" by Jonathan Cahn. He says early on (I'm paraphrasing) that God created Israel as a People/Nation to prove to the rest of the world that He exists. Given the History of the Jews, so far, so good I'd say...
I don't profess to understand God. You see, in the end, that's where the rubber meets the road. You either believe or you don't. I'm a sinner, probably worst than most, but I believe and pray that I, my loved ones and millions more who accept Jesus, whoever they are, will be there. The alternative doesn't sound too good.
Can you give me a hint? If you are an all powerful being, it would have been much easier and less violent if you just create your Chosen People and leave the rest of us out of it.
Great conversation, but I would like to suggest if you would like to know how the left plans on stealing the election, go to Omega4America. It is scary how organized the left are.
Sad the parallels between the Germans and Polish before WWII and, now, the Russians and Ukrainians.
Neither pairs should have ended facing each other in war but those with morals and of a meriful and righteous nature were not in charge. Then leave it those in the West to stoke the fires.
Israel wants peace not war. I can't understand why you can't see their point of view. It's written in the Hamas charter "wipe Israel off the map" So how do you make peace with that?
The western power elites don't like peace for many reasons. They need a boogeyman to get the masses behind them to profit by spending away their kids and grandkids futures and also away from the economic misery they cause. Not a Trump supporter but under his term in office he brokered some impressive peace deals like Israel and Saudi Arabia that the Biden Adin quickly killed off. That explains why the media and the elites (Cheney, Etc.) despise him so much, they cannot control him like they could Bush, Obama, Biden, etc.
You nail it Bob! They especially hate Tump because he exposes their lies and plan exactly like podcasts from individuals expose Covid lies, the purpose of wokism and climate change and abortion positions as having some meaning. It is an information war that is destroying the elite and obviously they want their positions of power. Trump and the explosion of information war, due to the internet, is exposing the lies and corruption of our current "leaders." They all need to have war to overrule exposure of their incompetence. I don't support Trump except that we need the information explosion to expose the Davosian / globalist lies and persistence of not upholding their oath to uphold the US Constitution. Trump at least realizes we are in a war with traitors for America as its constitution lays out.
Right on Mac. Unfortunately, I don’t think Trump had a clue about how bad things really are his first go around. He definitely will not make that mistake again and will be demonized when he starts to clean house. Sucks to be the left, we’re gonna take the country back like it or not, and hopefully those guilty of treason (and there’s a lot of them) will get what they deserve.
That is if we can avoid World War III (It’s quickly becoming their final option and I think many of the scumbags have already accepted that fact) and we start taking appropriate action when their brown shirts begin to try to burn the country down again starting on November 7 or so…
Starboard I think you nail it with this comment. BUT, though they are being exposed we can't know the final result until it happens. We don't really know the result of November 7th or after if the winner really is placed in office and even then I don't see the globalists giving up unless their followers do.
Yup, they are all in thats for sure. Do or die.
Mr. Mackinac, I still say that the foreign policy crowd would have very limited power if it wasn't for the millions of good-paying American jobs with benefits that the U.S. Defense Dept. creates via almost $1T in annual spending. The big boys skim the cream, but the lion's share of the spending provides millions of U.S. jobs. But as Bill has pointed out (which he doesn't seem to do anymore), these jobs create many weapons and weapon systems the U.S. doesn't need. The U.S. has a nuclear sub force (the ultimate peace keepers) that can annihilate any adversary on the planet. In fact, multiple adversaries at once. Now that's a force worth funding.
A number of years ago, Sarah Palin made this same point when she talked about the Bridge To Nowhere. Many jobs are created to build the bridge, but what national wealth does it actually build? None, because it serves only to create make-work jobs, not provide a useful bridge.
For the U.S., the 21st Century has been a make-work jobs century so far, creating $99T in U.S. public and private debt, which can't be sustained forever.
Make work jobs: It's just Democrats buying more votes. Just never ending. Republicans get some vote buying effect too. To have a real economy we just have to wait for the current mess to collapse and then the socialism bell will be ringing loudly. I don't see a real economy in my life time.
Truth, yet Bill’s terminal TDS will not allow him to even consider those facts. Instead, he supports terrorists who would kill him as quickly as look at him, while gaslighting the rest of us into thinking he knows what he’s talking about on this subject…
The elites don't like peace because they are losing the information war. See the book "Revolt of the Public." Their lies, collusion and corruption are being exposed by the internet information explosion. So they must create war to maintain their power. Sponsoring 35T in debt and censorship through collusion with MSMedia, oovid lies, violating the US Constitution in as many ways possible wasn't enough. Their only hope is war with America's "long term and constantly propagndized "ENEMIES" is their last hope. They are most likely to fail because they can no longer control the information explosion provided through the internet to the Public.
So, that being the case, you still not a Trump supporter? I hope your answer is a no vote instead of supporting Kamala and this marxist government we now have in control.
I will vote for Trump but I wish he would reign in some of his remarks even though I know the press is taking them out of context. Harris might as well be a sock puppet.
Yeah, I know what you mean, but I wish people would quit looking at the man so much as to what he has done regarding his "promises". I find it hard to listen to his speeches but do still believe that he will do what he says he will do. Argentina is a good example of what I hope could happen here. Javier Milei is my new hero. We need a chainsaw in the White House.
You know that Milei is the right man because the press hates him and corrupt communists like silva of Brazil hate him too.
💯+💯 your scenario of the corruptibles who’s hate filled behavior does indeed move the needle on the dial past the repetition redline indicator of “…power tends to corrupt and absolute power corrupts absolutely…”
Milei is the right man because he knows that Individuals do not want a greater amount of money in their pockets, rather they want greater purchasing power. “Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” POTUS #40 "Inflation is always and everywhere a monetary phenomenon." Milton Friedman.
Regards,
Mark
P.S. All other things being equal, a decline in the supply of money causes an increase in the purchasing power of money (PPM). Conversely, purchasing power falls with an increase in the supply of money.
And a 3-station gallows on the steps in front of Congress…
Are you serious ? “Chief restrainer”“ Nasrallah was the guy who strapped suicide bomb vests to teenage boys to kill Jewish civilians.
Bills bordering on outright idiocy these days. But take heart: He’s not stupid. He’s just an old Jew hater.
Israel never wanted war but it finally concluded that being surrounded in a small geographical area by enemies that were determined to destroy it meant that it was destroy or be destroyed. Never Again meant that it had to take the fight to the enemy rather than let the enemy bring the fight to Israel. And now Israel has an overwhelming technological advantage, a gap which is more likely to grow smaller in the years ahead than it is to grow larger. The handwriting has been on the wall for a long time. Now is the time.
Now, Brien, frank and accurate assessment of Israel's situation is just not allowed. Non-PC entities are never free to pursue self-interest unencumbered and without handicap. ("Oh, Lawd, no! He wrote 'handicap'! Not that!")
I´m afraid you missed some major moves in the last two years that all pointed to a relaxation and more cooperation; SA as an example.
It´s seems more likely that Netanjahu, being deeper and deeper in trouble at the home front needed that war badly to get away once more.
The “relaxation and cooperation” are all Head Fakes to buy time for Israel’s enemies to gain an advantage. They are not real peace initiatives. Israel knows this
The history of the last 60 years or so proves your statement. The majority of the Muslim world has zero interest in peace with Israel. I don’t know why so many people have a hard time believing what they say, what their documents spell out and their actions, but here we are. SMFH…
We agree to disagree.
I keep in mind the whole History of Israels ermergence from the early plans through all the mistakes made by the involved parties.
Is my perception correct that you consider Netanjahu just doing what a Patriot should do?
Hamas (supported by the Netanyahu government). Only a Jew hater who’s old and a anti semite would say something like that. You’re pitiful!!
Yeah, I had to read that a couple of times to be sure of what he said. That is utterly nuts.
Maybe you should do some research. Netanyahu funded Hamas in order to keep the Palestinians divided. https://www.timesofisrael.com/for-years-netanyahu-propped-up-hamas-now-its-blown-up-in-our-faces/
Bill:
Once again, I must comment on how full of s_ _t you are. Israel has never attacked for no reason. Every military response has been a response to an attack on them. You are wrong about Nasrallah; he would have attacked Israel in a minute if he felt he could win. Finally, Netanyahu financing Hamas; give proof or keep your mouth shut.
He won’t give any proof of the conspiracy theory that Israel created and supports hamas, because there is none. See how this whole conspiracy theory game works? People like me keep being proven correct while the left only uses the term when they think it will benefit them or advance/“justify” some particular piece of evil.
Bill’s offering is really, really weak today and not worthy of BPR, even if it is his name on the shingle…
Spot on Mr Porter and thank you. Our enemies are not mere adversaries and they are keeping tabs and know exactly what round we are in. There is an endless list of examples…
▫️U.S. Embassy in Tehran November 4, 1979.
▫️Israeli embassy in Buenos Aires on March 17, 1992.
▫️World Trade Center on February 26, 1993.
Winston Churchill said, "Never yield to force; never yield to the apparently overwhelming might of the enemy".
Regards,
Mark
Here's an article about Netanyahu funding Hamas in order to keep the Palestinians divided. This type of action happens all the time. Remember we funded Osama and the Jihadis to give Russia their own Vietnam. https://www.timesofisrael.com/for-years-netanyahu-propped-up-hamas-now-its-blown-up-in-our-faces/
Israel’s enemies have not been “restrained” in any way whatsoever. They have been losing. Badly. Where were the calls for a cease fire during daily rocket launches into Israel from Hezbollah? Crickets from Bill.
Perhaps you have intel I know nothing about, but what makes you think that Sayyed Nasrallah was "one of the chief restrainers"? It is hard to "restrain" military power you don't have.
I'm in the camp of those who believe the whole mess is a possible setup for the Ezekiel 38-39 war. Russia, Iran, Turkey, Yemen, Lybia, Ethiopia and others, will eventually initiate a ground war against Israel from the north. Saudi Arabia, Jordan and Egypt will sit it out. And, the invaders will be devinely destroyed while Israel is in great fear because of the overwhelming size of the force.
Will it happen sooner rather than later? Don't know. Just connecting dots.
Hi Mr. Russell, I believe you’ve nailed it. Headlines from the last 45 days or so could’ve been taken directly out of Ezekiel 37-39, as well as from Romans 11. God is trying to get the attention of those who have eyes to see and ears to hear.
What a great time to be alive!
Yes, the dots to be connected are many Mr Russell. Indeed, a sooner or later can hold the prospect of rolling, sporadic waves ahead of persistent and pervasive. As in Ezekiel, the carrion birds will be fed well.
Regards,
Mark
……. Especially if the Red Sea drains out temporarily or goes away?……
Oh man, our “parting of the sea” convo could get interesting James if I weren’t loath to publicly bring up a Ben Gurion Canal in the same breath as
….some sort of alternative colossal excavation method… and gapping voids in statesmen and diplomatic corps… I’ll stop now
Regards,
Mark
Water runs extra fast across black glass.
Just sayin'...
……….Will that be in 6 or 7 days ? …….
According to Tom Luongo's piece in this month's "Financial Intelligence Report" the West namely, Chevron, Exxon, and BP had contracts via Burissma that would have enriched the UK, Bank of England backed bondholders, and other elite operatives had the war been decisively won with the oil-rich eastern Ukraine territories. Having taken those oil-rich eastern Ukraine lands early on and not relented, big losses are on the horizon for bondholders whose collateral is now being held in Russian hands. So Europe et. al. stand to go bankrupt if the war ends as it is now. I am giving you what I got from Luongo's article and I may have missed something, but this is the gist. My thoughts: Think about where all this financial desperation could lead. A Trump win would be their biggest nightmare, they might even risk WW3 if it gave them a path to securing their collateral and avoiding financial ruin.
Tom Luongo has a good handle as to what the forces are and their methods. He makes tremendous sense.
Bill Holter is on record as saying 65-70% chance the election does not occur. His reason? We are verging on a credit crisis. War would be a way out of both problems, and if not a way out, then a considerable delay. I don't know enough to agree or disagree with Holter one way or the other, but I believe it is a possibility, especially if "they" believe Kamala cannot be elected or will not be installed. Best always. PM
Hi Paul, Mark here. There is a credit bubble. There are some additional land mines. The Fed’s 50 basis point rate cut is unlikely to prevent or stave off recession as 22 years of negative real Fed funds rates have caused record debt and bubbles.
The US faces (3) three (arguably major) **economic bubbles: real estate at 104% of GDP, equities at ~ 21X earnings, and corporate private credit debt at 104% of GDP, all at record highs. Looming gulf coast and east coast marine terminal disruptions.
My sobering acknowledgement, that I will not be alone; a potential 40% drop in home prices and 45% drop in stocks could wipe out assets of the top 20% of consumers who own 68% of homes, triggering a multiple choice of predicament outcomes…severe recession...dollar (fiat) devaluation\revaluation…prolonged stagflation…deflation…depression… [?]
adapt improvise overcome
M
**OSInt attribution - https://youtu.be/c-zlzFnEy3Q - Michael Pento on The Jay Martin Show: video entitled Final Warning 3 Market Bubbles that must Collapse!
Brother Mark, thanks for this insightful analysis. Pento is a very savvy player/observer/commenter in this mess. I read his book about the coming collapse in bond markets, which is, of course, what happens in a debt crisis. I don't worry about it (not much, anyway), because there's nothing I can do about it. I fretted and fumed and drove myself nuts for 40 years, and all things did was keep on with the same ol' stuff! What it reminds me of is one of those overloaded boats teeming with migrants in the Mediterranean or Caribbean. Some of them get through, but most don't. Best always. PM
GF: I think your predictions regarding a decline in R/E, stocks, etc., is right on target..Been there..done that!
Wanna buy my bungalow in West Palm Beach, Dotte? I'm likely gonna sell after the fraudulent results of November's "election" become solidified.
I'd love to take your hard-earned and turn it into Gold-in-my-hand...
SE: Hmmm... let me think about it. Well, maybe..How cheap is it? You know R/E is going down fast.
"They insist that Israel stop the killing; but then, Israel continues... and the US sends more weapons." As always, watch what they do, not what they say.
Mankind’s history is replete with periods of wash, rinse, repeat.
Luke 12:51-56 NIV
51 Do you think I came to bring peace on earth? No, I tell you, but division.
52 From now on there will be five in one family divided against each other, three against two and two against three.
53 They will be divided, father against son and son against father, mother against daughter and daughter against mother, mother-in-law against daughter-in-law and daughter-in-law against mother-in-law.” Interpreting the Times
54 He said to the crowd: “When you see a cloud rising in the west, immediately you say, ‘It’s going to rain,’ and it does.
55 And when the south wind blows, you say, ‘It’s going to be hot,’ and it is.
56 Hypocrites! You know how to interpret the appearance of the earth and the sky. How is it that you don’t know how to interpret this present time?
Truly, one of the most pathetic pieces I’ve yet to read from your pen, Mr. Bonner. Do better…
What are you youngsters all upset about? As soon as the Dow/Gold ratio reaches Tom's goal, everything will be wonderful again. We can all start buying stocks again and wait a few years and become millionaires. Never mine our debt, the possible election of Harris, China taking Taiwan. the current Russian/Ukranian war, the upcoming Brics country "get together" (which could lead to big time dollar devaluation), and the current mideast war. That's just the things that this old man can think of. By the way, Bill and the Arabs might keep in mind that "God's" chosen people are the Jews. The've paid a dear price for lenghthy periods of non belief but in the long run their enemies seemed to be "eliminated". Anyway, I'm happy for you young future millionaires, because "this time it will not be different".
Always found it difficult to believe in a God who has "Chosen People". This powerful and all knowing "God" created mankind but decided that most of his creation was inferior to a Chosen People. Why would an all knowing God create us, the non Jewish people, in the first place?
Cartero, I'm no biblical scholar but didn't God send Jesus to the world to give us all the same opportunity, as the Jews. The Jews weren't promised a "rose garden" and neither were the Gentiles. I believe that those that accept Jesus, repent and if they try to follow the "rules", the best they can, will be rewarded with a heavenly body and be with Jesus and our God Jehovah for eternity. The choice is up to us, Jew or Gentile.
Here's a question for biblical scholars: If God sent his son to the world for man's salvation, and you must accept Jesus to be saved, why did he choose the Middle East? Wouldn't it have been fairer to send the message to everyone in the world?
That's precisely what has been happening for the last 2,000+ years.
PS - Just finished "The Dragon's Prophecy" by Jonathan Cahn. He says early on (I'm paraphrasing) that God created Israel as a People/Nation to prove to the rest of the world that He exists. Given the History of the Jews, so far, so good I'd say...
I don't profess to understand God. You see, in the end, that's where the rubber meets the road. You either believe or you don't. I'm a sinner, probably worst than most, but I believe and pray that I, my loved ones and millions more who accept Jesus, whoever they are, will be there. The alternative doesn't sound too good.
For You to find Out. If I told You ,You would not believe.
Can you give me a hint? If you are an all powerful being, it would have been much easier and less violent if you just create your Chosen People and leave the rest of us out of it.
You have to search.
Great conversation, but I would like to suggest if you would like to know how the left plans on stealing the election, go to Omega4America. It is scary how organized the left are.
So true Fred. And evidently, even I can draft legal looking document for a lawsuit. I can read aloud to dictate a tit-for-tat a snowglobe shaker upper : OSInt attribution - https://www.nbcnews.com/politics/2024-election/democrats-sue-georgia-election-board-new-rule-requiring-hand-counting-rcna173308 - Democrats sue Georgia election board over rule requiring hand-counting of ballots
Awh, boo hoo …the suit argues the rule change is unlawful and could cause "chaos" in the battleground state this fall.
Cheerz for khoas 😭tears😱
Mark
And they sued Alabama last week for removing non-citizens from the State's Voter Rolls. What they got against us good 'ol boys??
Excellent stack - these guys are doing more to save our Country than all RNC/State R efforts, combined…
"In the 1930s, Hitler and Mussolini wanted war. The Allies didn’t."
Au contraire, mon frère: https://thegoodcitizen.live/p/for-no-reason-at-all
"Israel’s problem seems to be that it wants a war... "
See Deuteronomy.
But the victors write the history.
Sad the parallels between the Germans and Polish before WWII and, now, the Russians and Ukrainians.
Neither pairs should have ended facing each other in war but those with morals and of a meriful and righteous nature were not in charge. Then leave it those in the West to stoke the fires.
Israel wants peace not war. I can't understand why you can't see their point of view. It's written in the Hamas charter "wipe Israel off the map" So how do you make peace with that?