17 Comments

If I understand Bill correctly, this is extremely depressing. The quintessential definition of a banana republic.

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Something else to consider other than just the Markets:

https://rumble.com/v1kmeq9--archbishop-carlo-maria-vigano-we-must-unite-to-stop-the-new-world-ordergre.html

- Archbishop Carlo Maria Vigano ~We Must Unite To Stop the New World Order/Great Reset

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The dems were after the 1st amendment a long time ago. Let's just hope we are not too late to the fight. I don't know how long I will last, but I will defend it with my life. When it is gone, it is over. Just sayin' mho

Don Harrell

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You have asked the question several times now - how will they get out of paying? It is becoming more obvious to me; and it doesn't involve a financial solution. It will be war, on a global scale, that permits all kinds of financial shenanigans to be carried out in the background. The "fog of war" will be the smokescreen to mask the default, in the hope of emerging victorious and earning the spoils. The groundwork has been/is being laid and the fuse has been lit in the Ukraine and the South China Sea.

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I've been following Ray Dalio for years. He is a perma-bear and loves rubbing elbows at Davos! Hasn't been right a lot!

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You mentioned Tom Dyson's note of 9/21/22. I haven't received his missives for quite some time--a couple of months? Could someone please check on that?

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Sep 24, 2022·edited Sep 24, 2022

Jeremy Powell: "...what we need is supply and demand to get better aligned ."

[Oh, lack of housing supply is the reason for high home prices...? That's a new thought. The problem surely could NOT be interest rates. Maybe deflation of the money supply, QT - fewer dollars available to bid on stuff means nominal prices go down.]

...We probably in the housing market have to go through a correction to get back to that place."

So, is he saying that building more housing is the answer, or fewer dollars, or both?

But, Mr. Powell, the reporter says, "it seems that increasing the interest rate will slow construction and make housing cost even more. What exactly do you mean by "correction"?

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deletedSep 22, 2022·edited Sep 22, 2022
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