BOUblog

mr.drs.Bou:

LOCK STEP: This is No Futuristic Scenario

Whatever has occurred inside China at this point it is almost impossible to say owing to conflicting reactions of the Beijing authorities and several changes in ways of counting COVID-19 cases. The question now is how the relevant authorities in the West will use this crisis. Here it is useful to go back to a highly relevant report published a decade ago by the Rockefeller Foundation, one of the world’s leading backers of eugenics, and creators of GMO among other things.

The report in question has the bland title, “Scenarios for the Future of Technology and International Development.” It was published in May 2010 in cooperation with the Global Business Network of futurologist Peter Schwartz. The report contains various futurist scenarios developed by Schwartz and company. One scenario carries the intriguing title, “LOCK STEP: A world of tighter top-down government control and more authoritarian leadership, with limited innovation and growing citizen pushback.” Here it gets interesting as in what some term predictive programming.

The Real Causes for the Oncoming Economic Collapse

The Ugly Truth of Today’s Crisis

New “sub-prime” bubbles have been created in the Corporate Debt sector which has risen to over $13.8 trillion (up 16% from the year earlier). A quarter of which is considered junk, and another half graded at BB by Moodies (a step above junk).

Household debt, student and auto debt has skyrocketed and since wages have not kept up with inflation causing even more unpayable debts have been incurred in desperation. Industrial jobs have collapsed consistently since 1971, and low paying service jobs have taken over like a plague.

The last report from the American Society of Civil Engineers concluded that America desperately needs to spend $4.5 trillion just to bring its decayed infrastructure up to safety levels. Roads, bridges, rail, dams, airports, schools all received near failing grades with the average age of Dams clocking in at 56 years, and many water pipes over 100 years old, and transmission/distribution lines are well over 60 years. The factories which once supplied those infrastructure needs are long outsourced, and much of the productive workforce that had that living knowledge to build a nation are retired or dead leaving a deadly generation knowledge gap in its place filled with millennials who never knew what a productive economy looked like (and aging baby boomers who have tried hard to forget what it was).

American farmers have probably been the most devastated in all this with dramatic population losses across the entire farm belt of America and the average age of farmers now 60 years. It was recently reported that 82% of U.S. Agricultural family income comes from off farms, as mega cartels have taken over all aspects of farming (from equipment/supplies, packaging and the even the actual farming in between).

President Trump and other sane patriots from both parties of America would then have to figure out how to start the long but vital process of forcing credit to regenerate the destroyed productive base of America and Europe with a focus on advanced infrastructure, science and technological progress. This later investment into space science, atomic power, and transportation (high speed and magnetic levitation) would drive new breakthroughs necessary to overcome the current “limits to growth” that Green New Dealing oligarchs believe justify reducing the world population to less than two billion. Where Franklin Roosevelt had to drive this process solo in the 1930s, today’s America luckily has a China-Russia alliance that have created a powerful “New Deal” of win-win cooperation in the form of the evolving Belt and Road Initiative with invitations for western nations to jump on board.

mr.drs.Bou:

Saudi-Initiated All-Out Oil War Could Lead To Collapse Of Kingdom Itself

Saudi Arabia launched an all-out oil war offering unprecedented discounts and flooding the market in an attempt to capture a larger share and defeat other oil producers. This “scorched earth” approach caused the biggest oil price fall since the war in the Persian Gulf in 1991.

It all began on March 8 when Riyadh cut its April pricing for crude sales to Asia by $4-$6 a barrel and to the U.S. by $7 a barrel. The Kingdom expanded the discount for its flagship Arab Light crude to refiners in northwest Europe by $8 a barrel offering it at $10.25 a barrel under the Brent benchmark. In comparison, Russia’s Urals crude trades at a discount of about $2 a barrel under Brent. These actions became an attack at the ability of Russia to sell crude in Europe. The Russian ruble immediately plummeted almost 10% falling to its lowest level in more than four years.

Another side that suffered from Saudi actions is Iran. The Islamic country is facing a strong US sanctions pressure and often selling its oil via complex schemes and with notable discounts already.

mr.drs.Bou:

Oil Crashes! Chaos Worse Than 2008 (End Game Revealed) duurt 17 minuten.

Oil crashes, stock market crashes, DISCOVER INTEL YOU NEED TO KNOW! This is a time in history we’ll remember forever. Could this be the catalyst to the credit markets freezing? Could it be worse than 2008? The markets are collapsing but if you were paying attention you would’ve seen all this coming. It was only a matter of time before the Fed induced asset bubbles would have to come crashing down. But does the fact oil prices collapsed and the stock market is in the process of collapsing mean we’ll have a recession? And if we do, how does it affect the corporate bond market, or the credit markets in general. What does the end game look like and how do we prepare? Most people are choosing to bury their heads in the sand and “buy the dip.” This is the wrong approach to say the least, those who choose to buy the dip now could learn the hard way, markets don’t always go up over time.

mr.drs.Bou:

Oil’s Impact on the Bear Market duurt 14 minuten.

The wild times continue for global markets as uncertainty reigns supreme. In this clip, we get an expert take on the impact that both the virus and oil have played in the volatility with Richard Wolff, host of Economic Update.

mr.drs.Bou:

Coronavirus feeds oil price war | Worse to come?

Tot slot nog effe lache met Rutte: 🙂

Dutch PM marks ‘no handshake’ rule… with a handshake

mr.drs.Bou:

Het eerste deel gaat over de oliemarkt en de fracking industrie. Het tweede deel gaat over de supply shock nu China zijn export heeft stopgezet! Het bijdrukken van geld helpt daartegen niet, het leidt enkel tot inflatie.

Keiser Report | The End of the PetroDollar System? duurt 26 minuten.

In this final episode of the Keiser Report from Los Angeles, Max and Stacy discuss the comment made by Roy Sebag of GoldMoney.com that the start of the oil price war by Saudi Arabia marks the end of the petrodollar system. In the second half, Max interviews Mitch Feierstein of PlanetPonzi.com to discuss how the Fed tried to taper a ponzi scheme and failed. With markets now being hit by extreme volatility, Feierstein forecasts what to look out for in global equity markets, as debt unwinds and panic sets in.

mr.drs.Bou:

Goede morgen, mensen, maar de beurzen zijn veranderd in slachthuizen! Kijk eerst even naar de dalende olieprijs: Crude oil voor $30,5 per vat en Brent voor $32,- en nog altijd dalend. In een maand tijd zijn beiden ruim 40% tot 45% gedaald. Dan kan Trump nog wel even goedkoop de tank volgooien, maar het helpt niet.

Overal komt de economie tot stilstand en alle vooruitzichten zijn somber.

Unprecedented World Chaos — The New Economic Order Has Begun!! duurt 11 minuten.

En op Zero Hedge:

Fed Disaster: S&P Futures Crash, Halted Limit Down; Gold, Treasuries Soar After Historic Fed Panic

In de VS is nu de run op de banken begonnen, wie nog spaargeld heeft, haalt het van de bank af:
Midtown Manhattan Bank Runs Out Of $100 Bills Amid Corona Panic

Ook blijkt de VS niet te beschikken over voldoende ziekenhuisbedden:
“No State Is Prepared” – Mapping Where Hospitals Will Run Out Of Beds First If Virus Cases Spike

When it comes to the rest of the world, the US ranks very low in the number of hospital beds per 1000.

2020 | The year where everything went wrong

Wat een toestand! Ach, we wachten het maar af.