Big Bank Exposure
Get this… While JP Morgan, Citibank, Goldman Sachs, Bank of America, and Morgan Stanley have about 8.6 trillion dollars in combined assets, they have a combined total of 279 trillion dollars in derivatives. Derivatives allow for phony banking and obscuring the true market. So, when these banks likely fail because of a derivative implosion, the economy will fail and all hell will break loose.
High Dollar Index
Here are some reasons that the U.S. dollar index has surged to a four-year high…
1. The Swiss Franc is tied to the euro representing the EU system that is essentially breaking down.
2. The Japanese yen is going down because the Bank of Japan ramped up their stimulus.
3. The Canadian dollar is weak because of recent weak economic data.
In short, when one considers that the U.S. trade deficit with China hit a record high of 35.6 billion dollars in September, the U.S. dollar is not rising because of the strength of the U.S. economy.
All major developed governments have given up attempting to use solid principles to create sustainable economies. Because of greed, incompetence, insanity, or any combination thereof, manipulation and lies are being fed to the sock puppets err… people. As an example, until the past few years, there were no major effects of weather negatively affecting the U.S. national GDP. Even Hurricanes Katrina and Rita only had a modest impact on the GDP according to the Congressional Budget Office.
The FBI is seeking to expand surveillance powers by using malware that permits remote control of a computer. Under a proposed amendment, a judge would rubber-stamp a warrant to allow the FBI to hack into any computer. So apparently, the FBI wants to join the EPA in watching porn at work without getting in trouble by spying on Americans watching porn.
As Republicans took both houses of Congress on Election Day, the Department of Injustice dumped more than 64,000 ‘Fast and Furious‘ documents on Congress. Holder then pondered why he was the first Attorney General held in criminal contempt of Congress. Possibly because criminals can recognize each other?
10 Non-Traditional Things To Stock Up On
While food, water, and ammo may be the top of a prepper’s list, here are a few things few think about…
1. Nuts, bolts, screws, and nails.
2. Crafting supplies
3. Tools and a toolbox.
4. Toys and games
10 Ancient Achievements
Here are a few of the 10 ancient insane achievements that modern science cannot explain…
1. Nazca Lines in Peru
2. Star Child Skull
3. Costa Rica Stone Spheres
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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Reblogged this on bertpowers and commented:
Good information here.
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