If you have zero interest in financial news, this would be a good time to pay a little attention.

[SoJer]

OT ('Even If you have Zero Interest in 'financial news', this would be a good time to pay attention'..) These two items have left me just... <smdh>

https://newswithviews.com/cancel-culture-do-you-like-your-home-do-you-want-to-keep-it/ ..Guess we'll see where it Goes, but.. For anyone who doesn't 'invest' in such ways (ie: Own a Home..) well.. It may be moot.. HOWEVER.. this Next item - WILL - affect Everyone (at Some-level..) ..and SOON...

Overview: https://dougcasey.substack.com/p/intentional-destruction ..and, the 'Source': https://mpalmer.heresy.is/webnotes/TheGreatTaking/index.html (and the PDF to DL / save for Ref, etc https://img1.wsimg.com/blobby/go/1ee786fb-3c78-4903-9701-d614892d09d6/taking-ebook-c044a5e.pdf ) Fwiw...

Well-worth the Read (especially the therein-linked Book.. And, for those who may find the Book to be 'TL, DR', there's a Vid Documentary version linked in the 'substack' overview, there..) Yah, we're... getting Frighteningly-close, Ppl...

jd

 

[Pearl]

You'll own nothing and be happier

 

[sonya123]

you already dont own land in any country that chargers property tax, I don;t need to watch this, been aware of it for practically ever. ALl they need to do is raise property tax until you can't pay it, just like during the depression
I think the only countries that don;t charge property tax are very small and very very expensive to buy property in like Monaco but they dont have militaries to protect them

What do you expect ? Our government has been spending money they don't have for a very long time, and the bill has to come due at some point.

ultimately, the people that live in a country are in some ways responsible for their government

 

[SoJer]

You'll own nothing and be happier...

Well, that's what they Think... I, however, have a different Perspective..

..Yep.

jd

 

[Pearl]

Well, that's what they Think... I, however, have a different Perspective..

..Yep.

jd

Much better!!

 

[Supervisor42]

Financial news, and our pending recession :
If anyone besides me has been following the stock market, it blasted thru the previous 'record-high' without even blinking last week.
It would have to drop over 2,000 points just to be back to "normal".

Translation: recession not working.

 

[LadyLocust]

Financial news, and our pending recession :
If anyone besides me has been following the stock market, it blasted thru the previous 'record-high' without even blinking last week.
It would have to drop over 2,000 points just to be back to "normal".

Translation: recession not working.

It's weird though Sup. Has me dizzy (er ie. dizzier ) Usually in "normal" times, market goes up, gold goes down. Gold is also up, M2 $ supply is down (I think only other time was right before depression) and can't give bonds away. Perplexing.

 

[Supervisor42]

It's weird though Sup. Has me dizzy (er ie. dizzier ) Usually in "normal" times, market goes up, gold goes down. Gold is also up, M2 $ supply is down (I think only other time was right before depression) and can't give bonds away. Perplexing.

Do you like to shop for bargains at your favorite store? I do.
You like to see signs like this?

My problem is, my favorite store, (the stock market) has not had a sale in over 3 years!
Everyone was wailing about the tremendous recession that would follow covid....
Didn't happen.
Prices have steadily been going up and up ever since.

 

[Bacpacker]

Do you like to shop for bargains at your favorite store? I do.
You like to see signs like this?

My problem is, my favorite store, (the stock market) has not had a sale in over 3 years!
Everyone was wailing about the tremendous recession that would follow covid....
Didn't happen.
Prices have steadily been going up and up ever since.

Well that only means one thing...At some point!

 

[Supervisor42]

Well that only means one thing...At some point!

...The rise before the great fall?

 

[Neb]

...The rise before the great fall?

Depends. See this video from today.



I came away understanding that the markets are thinking the fed will pivot at just the right time to avoid bad mojo.

Regardless of what will happen the market group think is conditions are favorable. That thought may change tomorrow.

We are in uncertain times. The old rules of looking for sales is not working now. I can't say more without giving investment advise.

Ben

 

[SoJer]

..and, the 'Source': https://mpalmer.heresy.is/webnotes/TheGreatTaking/index.html

For those who may not make the Time to read the above - IMO, MUST READ - Book.. At Least read this Last 'Conclusion' of the author, here, as it 'encouragingly' supports the Resolute Position in Post #124.. https://mpalmer.heresy.is/webnotes/TheGreatTaking/Conclusion.html ..Yup.

Only question is: How (and, withOut violence, as he proposes ) My only 'problem' with the idea that 'Exposing these NWO-cartel devils might 'shame them' into repentance', is.. In order to feel 'shame' - First, you must have a Soul (as-in, a Conscience, that Can be 'pricked' and salvaged..) and I'm not sure many of these EvilPeople do.. I think they're gonna have to be 'hurt', in Other ways.. Family, Compounds, whatever They've 'hoarded'... FIND IT, AND BURN IT ALL.

Some people will simply Never 'repent', and Must be Destroyed. The History-Book of the Bible, alone, is choc-Full of such accounts.

jd

 

[angie_nrs]

For those who may not make the Time to read the above - IMO, MUST READ - Book.. At Least read this Last 'Conclusion' of the author, here, as it 'encouragingly' supports the Resolute Position in Post #124.. https://mpalmer.heresy.is/webnotes/TheGreatTaking/Conclusion.html ..Yup.

OR....you could watch the documentary. I just found this today, so I haven't seen it yet.

 

[angie_nrs]

I just watched the documentary. I know a bit about the markets, although derivatives are beyond my level of expertise. The whole system is complicated for a reason. It's interesting that he says the elites (private bankers) could end up taking themselves out of this 'game'. I think they have over reached.....at least I hope so.

The part at about the 38 minute mark was interesting. Apparently just b/c you paid for something, doesn't mean it's yours. What??? Listen to his analogy.

The 44 minute mark ties in with all the war machines and why there are no public banks. Everything is a big secret and the FED adheres to no laws or have any oversight. It does whatever it wants without any accountablity or transparency. Yeah, that's a problem, especially considering the CIA influence there.

56:30 - he says the fall is close at hand and explains the triggers. I think we all likely feel that this can't go on like this much longer. I was just talking to a guy about this today. We were both astonished that it hasn't come crashing down yet.

At the 1:01 hr mark he states that all is not lost. There is a chance that we can turn things around. The system will still have to be drastically gutted, but if done legally, it can be rebuilt using a PUBLIC banking system. No more FED! All the profits of a public bank would go toward the government to use toward infrastructure and such with an overhauled simple tax system.

He doesn't offer a lot of advice, but one thing he suggests is to get rid of debt. Also, live a simple life and keep focused on happiness. Hold real assets and hold title to real things. Have an ability to create food.
I could suggest more things, but that is for a different thread.....one which has already been discussed in depth.

He covers a lot of information in the documentary but it sounds like he also has more information in the book. It's impressive that he isn't charging for the PDF. He just wants to get the word out to people for the good of humanity. He seems extrememly knowledgable. For those of us who prefer a hardcover book, he sells it on lulu.com. I probably won't read it b/c I already have a stack of books in front of me that I haven't been able to get to. I've spent more time online tonight then I should have, but it was well worth the time to listen to what he had to say.

 

[FarmOR]

you already dont own land in any country that chargers property tax, I don;t need to watch this, been aware of it for practically ever. ALl they need to do is raise property tax until you can't pay it, just like during the depression
I think the only countries that don;t charge property tax are very small and very very expensive to buy property in like Monaco but they dont have militaries to protect them

What do you expect ? Our government has been spending money they don't have for a very long time, and the bill has to come due at some point.

ultimately, the people that live in a country are in some ways responsible for their government

There's three common ways to lose "your" property:

1) property taxes lien
2) irrigation lien. Some people are not even aware that they are required to pay for water rights they didn't even know they have nor have access to the water. It doesn't matter?
3) hospital lien. This one happens a lot! Hospitals and long-term care facilities take everything.

Bonus? Contractors or handyman liens. They don't have to be legit and prey on older homeowners...

 

[angie_nrs]

Contractors or handyman liens. They don't have to be legit and prey on older homeowners...

This is a good point. When we paid off our mortgage, I made sure we got the release of lein statement from the bank signed by the loan officer. I attached it to our deed and now store it in our fireproof safe. That would be a good practice to follow anytime you have paid off something that you had a loan on, including a vehicle. Make sure you get the release of lein and attach it to the title of any vehicle/ATV/trailer/boat you have. You'll need it if you ever sell it. On one of hubby's large pieces of equipment, I went a step further. When I got the release of lein, I went in and paid the $15 to get a new title without the lein holder listed. I wanted to make 100% sure there would be no issues when we sell it.

I also attach a signed bill of sale to the title in any private purchase. If it's never needed, then great! But it's better to have it just in case.....

 

[Hardcalibres]

here is an interesting set of predictions for next year (for what it is worth):

US economist predicts 2024 will bring 'biggest crash of our lifetime'​

https://www.foxbusiness.com/media/us-economist-predicts-2024-bring-biggest-single-crash-lifetime
If he is correct, and deflation occurs, the key prep for that would be being debt free, as independent as you can be, having good stocks of the essentials and having cash reserves.

 

[LadyLocust]

There's three common ways to lose "your" property:

1) property taxes lien
2) irrigation lien. Some people are not even aware that they are required to pay for water rights they didn't even know they have nor have access to the water. It doesn't matter?
3) hospital lien. This one happens a lot! Hospitals and long-term care facilities take everything.

Bonus? Contractors or handyman liens. They don't have to be legit and prey on older homeowners...

Related but different: inheritance tax if in parents name and kids inherit it

 

[LadyLocust]

here is an interesting set of predictions for next year (for what it is worth):

US economist predicts 2024 will bring 'biggest crash of our lifetime'​

https://www.foxbusiness.com/media/us-economist-predicts-2024-bring-biggest-single-crash-lifetime
If he is correct, and deflation occurs, the key prep for that would be being debt free, as independent as you can be, having good stocks of the essentials and having cash reserves.

I watch, read, listen to quite a few different financial sources. They are all over the board: hyperinflation, deflation, no recession (yeah right), recession w/ hard landing, depression, complete crash of economy. It's maddening. I think regardless of what lies ahead, those things you listed are pertinent advice. It is difficult to know what to do otherwise.

 

[Pearl]

Bottom line.... They are going to try anything and everything to crash America, that's Obama's GOAL!!

 

[Hardcalibres]

I watch, read, listen to quite a few different financial sources. They are all over the board: hyperinflation, deflation, no recession (yeah right), recession w/ hard landing, depression, complete crash of economy. It's maddening. I think regardless of what lies ahead, those things you listed are pertinent advice. It is difficult to know what to do otherwise.

Agreed.

I don't rely upon media reported predictions to know what is going to happen......but I do take notice of the more plausible predictions to consider what might happen.

My prepping is almost entirely independent of scenarios.....so predictions make little difference to what I prep....but I do test my preps against plausible scenarios to assess how they would perform (if that makes sense).

I also use the analyses of commentators to compare the present to the past (that I have experienced and also that has been documented in history).

 

[Supervisor42]

Bottom line.... They are going to try anything and everything to crash America, that's Obama's GOAL!!

He already did that after 2008, and we recovered .
The pundits were sure when covid hit and drastically changed businesses, that we/the-country were all doomed and ranted about it constantly for 2 years.
Nope.
Didn't happen.
Where I am at today (Pigeon Forge), it is obvious that there is a vast abundance of people today spending tons of money, just to have fun.
When things start to go downhill, 'amusement' is always the first thing to go down.

 

[Hardcalibres]

...............
Where I am at today (Pigeon Forge), it is obvious that there is a vast abundance of people today spending tons of money, just to have fun.
When things start to go downhill, 'amusement' is always the first thing to go down.

Sounds like a classic bubble.

But this one is different - it is the first one driven almost entirely by newly created money.

When it comes to that and unprecedentedly large debt.....we are in uncharted territory.

 

[Pearl]

Sounds like a classic bubble.

But this one is different - it is the first one driven almost entirely by newly created money.

When it comes to that and unprecedentedly large debt.....we are in uncharted territory.

Obama didn't count on some things happening to stop what he was doing. We only recovered because he couldn't finish the job! He MEANS to finish the job, we are frogs in the pot slowly boiling!!

 

[sonya123]

Related but different: inheritance tax if in parents name and kids inherit it

that depends on the State you are in. Husband didn't pay any when his parents died
I think there isn't one in Virginia either but not sure