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Malevolent

Porter Stansberry is at it again..

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 Malevolent    3,455

Remember his predictions of other things such as GM and Fannie Mae and Freddie Mac etc?

Could he be correct again?  This time a big shake-up is coming .....according to him..

SOURCE

 

Dear Fellow American,

Do you ever feel—despite the supposed economic "recovery" of recent years—that something in America is still not quite right?

If so, you are not alone.

After all, how can things be "OK" when nearly half the men ages 18-34 now live with their parents—the highest level since the Great Depression?

How can it be "normal" when in one of America's richest cities (Seattle) there are now 400 unauthorized homeless camps under bridges and along freeway medians?

How can it be a "recovery" when 78% of the U.S. population now lives paycheck to paycheck, with essentially zero savings?

How can you explain things like the dramatic rise of the militant left-wing group ‘Antifa'... the resurgence of White Supremacists... and the booming popularity of the Democratic Socialists—they've doubled membership in recent months.

Sure, some people—CEOs, tech entrepreneurs, and other members of the "1%"—are doing great. There's never been a better time for wealthy Americans. But the truth is, for most people, the situation is getting much, much worse.

Today I want to share a few facts our politicians are afraid to tell you—including the secret reason why working class Americans have gotten dramatically poorer over the past 40 years.

I've never seen this information published anywhere else. It's a secret that explains why the rich are really getting so much richer—while everyone else is falling behind.

Once you understand this secret, you'll see why, for millions of Americans, a crisis is coming.

I'm talking about a political event unlike anything we've seen in our country in nearly 50 years.

It will "reset" the financial system in ways most Americans can't imagine—and for most, it will be a national nightmare.  

This secret I'm going to share with you protects the very rich and powerful. So they'll never reveal it.

But I'm going to explain it as clearly and simply as possible right now...    <Snip>

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 Malevolent    3,455

Same source....Snippets...

Quote

 

You've seen it in mass shootings... the attacks on college campuses... the arguments about immigration... and the refusal of NFL players to stand for the national anthem.

These uprisings and protests may be nominally about race.

Or Donald Trump. Or police brutality.

But what they're really about, underneath it all, is money... and hopelessness.

Now, you might hear the mainstream press and politicians talking about "wealth inequality" when referencing our country's social problems and political polarization.

But what they don't tell you is that the growing disparity between rich and poor in America is a symptom of our problem... not the root cause.

Yes, today the richest 10% of America owns 75% of the nation's wealth... a level we have not seen since the 1930s. Just look at the chart below...

 

Quote

 

So what's the real problem then?

Well, it isn't that a small number of Americans have done well. The real problem is how they've done well. And I'm going to explain this secret to you in just a minute: How the tremendous gains in wealth for the few have come directly at the expense of most working-class folks.

This is what's driving the anger, the radical politics, and the growing racism in our society.

You see, while the rich are getting richer, everyone else is losing ground. Look at this chart, which shows how for most Americans, real wages have been stagnant or falling for decades...

 

Quote

 

Very soon, millions of Americans will be calling for the government to "do something."

Specifically, they'll be calling for a clean slate... to wipe out their debts and "reset" the financial system.

The crowds will cheer and march like never before. The violence will escalate. Our politicians will promise this reset of the financial system as a way to a "new and better prosperity."

And while it might sound like good news to those who have gotten in over their head—what will really happen is a national nightmare.

You see, this idea of erasing debts to reset the financial system is not new. In fact, in the Bible, it's referred to as a "Jubilee."

If you're unfamiliar with the term, it comes from The Old Testament, the Book of Leviticus, Chapter 25.

A Jubilee in the Jewish tradition was said to occur roughly every 50 years.

It was a time for total forgiveness of debt, the freeing of slaves, and the returning of lands. Pope Boniface VIII proclaimed the first Christian Jubilee in 1300.

Since then, it's been used dozens of times, when anger among a population hits extreme levels, typically because of an explosive divide between the wealthy and the working class.

And very soon, millions will be calling for a new Debt Jubilee here in America.

Believe it or not, many are already doing so...

Folks like Carmen Reinhart of Harvard University and Stephen Roach of Yale have advocated for a Debt Jubilee in one form or another. So have financial pundits Barry Ritholtz and Chris Whalen.

In Congress, more than a half-dozen Jubilee-style laws have been proposed, by folks such as Rep. Kathy Castor and Senator Bill Nelson from Florida.

And many of the most powerful left-wing economic "experts" are calling for a Debt Jubilee by name...

 

 

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 Ukshep    25,466

That last quote... Hmm....Specifically this part...

Quote

 

Very soon, millions of Americans will be calling for the government to "do something."

Specifically, they'll be calling for a clean slate... to wipe out their debts and "reset" the financial system.

 

2018 is a bad year for the economy right? Economist cover too...

I just feel like this could be a year for a collapse of some kind and this quote kinda hints...

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 Malevolent    3,455
13 minutes ago, Ukshep said:

That last quote... Hmm....Specifically this part...

2018 is a bad year for the economy right? Economist cover too...

I just feel like this could be a year for a collapse of some kind and this quote kinda hints...

Cutting taxes and simplifying regulations makes America the place to invest! Great news as Toyota and Mazda announce they are bringing 4,000 JOBS and investing $1.6 BILLION in Alabama, helping to further grow our economy!

 

Donald J. Trump‏Verified account @realDonaldTrump 5h5 hours ago

Good news: Toyota and Mazda announce giant new Huntsville, Alabama, plant which will produce over 300,000 cars and SUV’s a year and employ 4000 people. Companies are coming back to the U.S. in a very big way. Congratulations Alabama!

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 Ukshep    25,466
1 minute ago, Malevolent said:

Cutting taxes and simplifying regulations makes America the place to invest! Great news as Toyota and Mazda announce they are bringing 4,000 JOBS and investing $1.6 BILLION in Alabama, helping to further grow our economy!

 

Donald J. Trump‏Verified account @realDonaldTrump 5h5 hours ago

Good news: Toyota and Mazda announce giant new Huntsville, Alabama, plant which will produce over 300,000 cars and SUV’s a year and employ 4000 people. Companies are coming back to the U.S. in a very big way. Congratulations Alabama!

OH I get that. All looks good on the surface. But indication wise with what they seem to tell us says otherwise. Bah I overthink too much!

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 Malevolent    3,455

Something just does not add-up.  Why would the Japanese invest billions?  Is there a different strategy?  Do they know something we do not?  Are MSM trying to "sink" the American ship by manipulating markets?  Too many questions and too little answers (genuine truthful answers)

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 Cryptic Mole    5,200
1 hour ago, Ukshep said:

OH I get that. All looks good on the surface. But indication wise with what they seem to tell us says otherwise. Bah I overthink too much!

I was talking a couple months back about how I felt Trump would get everything up and running again, but I have since changed my mind. Odd how this thread confirms it. I guess from now on I'll be preaching about the coming financial doom that I have since realized is coming.

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