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sky_walker618 103 posts  |  Last Activity: Feb 27, 2015 9:19 AM Member since: Jan 27, 2004
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  • 70% of US economy is consumer spending: spending on goods and services. The former is quite straightforward. The latter includes medical spending, legal spending, financial services, tax services etc. That is probably why 50% marriage end up in divorce; the federal tax code has hundreds of thousands of pages; the colonoscopy, among numerous other medical services, is recommended every two years; there are various saving account schemes to encourage savers to invest in stock markets , etc...

    The high cost of Universal Healthcare program plus making tens of millions of undocumented immigrants eligible for generous federal and state social welfare programs, thought temporarily, helped a lot. ( I have to envy the Elites' great ability in piece-meal growth engineering. But I wonder what is in the pipeline after all the tricks are running out.)

    According to FT report today that Germany has issued five-year bond with negative interest. People tend to forget that the foundation of the modern finance is built on the "time value of the money" and capital being a scarce resource. The negative interest rate indicates the beginning of the unraveling of the modern financial economic system. Such trend, if protracted, will lead to profound social changes.

  • sky_walker618 sky_walker618 Feb 26, 2015 2:54 PM Flag

    According to FT today, Germany is issuing five-year bond with negative interest. The market shrugged off this piece of news.

    The Wall Street can pretend not to worry, but do not forget the foundation of the modern financial system is "time value of money". The positive "time value of money" is needed for the whole system to work -- security valuation, pricing of derivative contracts, calculation of your pension payout, etc.

    The negative "time value of money", if protracted, would be the poison to this system, like injecting carbon monoxide to blood stream ... So such development, in my view, spell the beginning of the end of the modern financial economic system -- the quasi-PONZI system. The collapse is rest assured and is only a matter of time.

    As the result, WW3 and the end of this Great cycle.

  • sky_walker618 sky_walker618 Feb 25, 2015 9:50 AM Flag

    She was nervous because she was probably forced to lie to keep the illusion of "recovery" going.
    But she might know what the plan is afterward -- WW3.

  • sky_walker618 sky_walker618 Feb 24, 2015 3:07 PM Flag

    Reuter headline:
    "Stocks climb as Yellen renews vow to be patient in rate hikes"

    But we all know that Yellen will not raise the rate in this credit cycle, forever. The stock market is pushed up to make the positive annual GDP number, just in case the immigration reform and the infrastructure spending will not boost the growth enough to maintain the illusion of "recovery".

    WW3 is not rational next step, but is likely the next step.

  • She tried very hard to avoid giving the stock market the notion of "protracted deflation". Even a slight hint of it could bring market crash, hence derail the illusion of "recovery".
    The emperor is naked, even if the Chair does not want to admit in public: even after the massive run-up in stock market and other asset prices, Federal Reserve is forced to keep the policy rate at zero and is forced to maintain the $4+ trillion balance sheet or even expand it. Obama administration is forced to propose $500 billion Keynesian style spending with borrowed money. How long can this whole shebang last?? :-))
    I truly believe that the Ruling Elite are pushing for the WW3, simply because they know that their financial economic system will not be able to survive the "protracted deflation", just as the ENRON corp did not survive the market crash in 2000/2001.

  • sky_walker618 sky_walker618 Feb 24, 2015 12:30 PM Flag

    The nuclear weapons, such fission bomb, fusion bomb, or neutron bomb, are only visible options of various powerful exotic weapons that the major powers would employ.
    For example, the scalar wave energy weapon, and direct energy weapon ( power microwave), etc. They are not visible until they produce tremendous amount of damage.
    Some researcher, such as Dr. Judy Wood, hypothesized that direct energy weapon was used to bring down WTC1, WTC2 and WTC 7. At first this might sound outlandish. But the evidences presented seem to be strong.

  • sky_walker618 sky_walker618 Feb 24, 2015 11:17 AM Flag

    Yellen said that rate hike will not come over the next few FOMC meeting. But she dare not to say that it may not come forever, as suggested by people such as Bill Gross. The "dance" continues as long as the music is on. But Madame Chairwoman, the music has already stopped!?

    Ruling elite in UK/US wants to see Russia and Germany/France to destroy one another in WW3.

    Recently Obama proposed $4 trillion government spending, with dramatic increase in defense spending and infrastructural spending. These are good government spending if we are at the trough of the regular economic cycle. But we are supposed to be at the peak of the economic cycle after stock market jumped more than 40% over the past three years. Why are we still at the "trough"?? Federal Reserve will never admit that we are still at the trough of an economic cycle and will still push for "rate hike" which they knew will never happen.

    ECB announced QE recently, hoping that it will help to forestall the dramatic slow-down in economic growth in the EU zone. The short-term beneficial effect has already shown up in the EU stock market. But, if you understand what Bill Gross has laid out, such effect will be temporary: it is like giving hormone treatment to a cancer patient -- it does not solve the root-cause of the problem. The same experiment has been conducted in US but failed: the zero-interest-rate and QE4ever have failed to boost the US economy back onto the long-run sustainable growth path.

    So what is next? One of the possibility is wider wars, or possibly WW3. This scenario will be likely, if you start to research on the two decades prior to the WW2 carefully. When the economy is not on good terms, the index of unhappiness of domestic population will likely spike. If such negative sentiment becomes prevalent and left unattended, things can get out hands unexpectedly. So usually the ruling elite will create programs to help to channel the negative sentiment to be subject to controlled release.

  • sky_walker618 sky_walker618 Feb 23, 2015 10:43 AM Flag

    Here is one of the possible scenario of WW3:
    Step One:
    The major powers will try to destroy the communication capability in the space on both sides. It will be a very expensive operation but it is necessary to destroy as many as satellites on the lower Earth orbit and Stationary Orbits. Many known and unknown weapon systems will be employed. The good news are that the human casualty will be at minimum.
    Step Two:
    If Step One does not stop the war, the major powers will start to destroy the communication and strategic military targets on the Earth surface with known and unknown weapon systems. That operation could be expand to dual-use civilian communication systems.
    Step Three:
    If Step Two does not stop the war, the major powers will start to attack the strategic targets, such as Three-Gorges Dam in China, and YellowStone National Park in US. If the Yellowstone Super Volcano is induced to erupt, then that would be classified as a global extinction event.
    Step Four:
    If Step Three is not enough, then powerful devices that could "tear a hole in this Octave of Time-Space" will likely be used. ( Check out Nikola Tesla)

  • WW3 maybe inevitable. We are only one major market crash (30+%) from it.
    Check out the following statistics:
    Percentage of vote won by #$%$ (National Socialist Worker) party in Germany Federal Election
    Year Percentage
    1924 3%
    1928 2.6%
    1930 18.3%
    1932 37.3%
    1933 43.9%
    Do you recall the 1929 market crash and the start of the Great Depression?
    So if UK/US elite want to start WW3, the next thing needed is the market crash and economic depression.More people will support wider war in an economic crunch.
    Well, it looks like we are moving toward it. The triggering point could be the sudden liquidity and credit crunch in the $50+ trillion ( some put the number at $100+ trillion) unregulated financial derivative market.

  • sky_walker618 sky_walker618 Feb 19, 2015 10:08 AM Flag

    It is an interesting theory. But it still only reflect the EFFECT of things. In order to know the CAUSE, one must read Walter Russell's work, such as "The Secret of Light", "New Concept of Universe", and "Atomic Suicide".

  • sky_walker618 sky_walker618 Feb 19, 2015 9:53 AM Flag

    Business Insider news headline:
    "The Fed is worried about what happens when everyone rushes for the exit"

    Nobody had much experience with the magnitude of "run-for-exit" when the persistent deflation ( falling asset prices) hits.

  • sky_walker618 sky_walker618 Feb 18, 2015 1:01 PM Flag

    Many Wall Street insiders, including Bill Gross, have commented that the financial economy has reached "saturation point" in this credit cycle. The deflation will leads to implosion.
    The question is how Ruling Elite respond to this inevitable scenario: war or something else?

  • WW3 maybe inevitable. We are only one major market crash (30+%) from it.
    Check out the following statistics:
    Percentage of vote won by #$%$ (National Socialist Worker) party in Germany Federal Election
    Year Percentage
    1924 3%
    1928 2.6%
    1930 18.3%
    1932 37.3%
    1933 43.9%
    Do you recall the 1929 market crash and the start of the Great Depression?
    So if UK/US elite want to start WW3, the next thing needed is the market crash and economic depression. More people will support wider war in an economic crunch.
    Well, it looks like we are moving toward it. The triggering point could be the sudden liquidity and credit crunch in the $50+ trillion unregulated financial derivative market.

  • sky_walker618 sky_walker618 Feb 12, 2015 9:17 AM Flag

    The recent peace deal is a great achievement by the Germany/France/Italy camp within the WEST block against the UK/US camp. But the struggle is not over yet.
    Now the new political landscape on this planet has come into shape: BRICS, "Five Eye Core Countries" camp, EU camp, and non-aligned nations. Bravo!

  • sky_walker618 sky_walker618 Feb 11, 2015 9:58 AM Flag

    Possible WW3 scenario -- no one will be safe ....
    Step One:
    The major powers will try to destroy the communication capability in the space on both sides. It will be a very expensive operation but it is necessary to destroy as many as satellites on the lower Earth orbit and Stationary Orbits. Many known and unknown weapon systems will be employed. The good news are that the human casualty will be at minimum.
    Step Two:
    If Step One does not stop the war, the major powers will start to destroy the communication and strategic military targets on the Earth surface with known and unknown weapon systems. That operation could be expand to dual-use civilian communication systems.
    Step Three:
    If Step Two does not stop the war, the major powers will start to attack the strategic targets, such as Three-Gorges Dam in China, and YellowStone National Park in US. If the Yellowstone Super Volcano is induced to erupt, then that would be classified as a global extinction event.
    Step Four:
    If Step Three is not enough, then powerful devices that could "tear a hole in this Octave of Time-Space" will likely be used.

  • sky_walker618 sky_walker618 Feb 10, 2015 10:59 AM Flag

    Ruling elite in UK/US wants to see Russia and Germany/France to destroy one another in WW3. That mission was incomplete during WW2.
    Recently Obama proposed $4 trillion government spending, with dramatic increase in defense spending and infrastructural spending. These are good government spending if we are at the trough of the regular economic cycle. But we are supposed to be at the peak of the economic cycle after stock market jumped more than 40% over the past three years. Why are we still at the "trough"?? Federal Reserve will never admit that we are still at the trough of an economic cycle and will still push for "rate hike" which they knew will never happen.
    ECB announced QE recently, hoping that it will help to forestall the dramatic slow-down in economic growth in the EU zone. The short-term beneficial effect has already shown up in the EU stock market. But, if you understand what Bill Gross has laid out, such effect will be temporary: it is like giving hormone treatment to a cancer patient -- it does not solve the root-cause of the problem. The same experiment has been conducted in US but failed: the zero-interest-rate and QE4ever have failed to boost the US economy back onto the long-run sustainable growth path.
    So what is next? One of the possibility is wider wars, or possibly WW3. This scenario will be likely, if you start to research on the two decades prior to the WW2 carefully.

  • on the Ukraine conflict issues: one. led by Germany/France/Italy, the old Europe, the one which has been more or less destroyed during the WW2; the other, led by the "Five Eye Core Countries" -- UK/US/CAN/AUS/NZ and parts of new Europe, like Poland, etc.

    Will the "old Europe" finally come out of its Masters' shadow?

  • sky_walker618 sky_walker618 Feb 9, 2015 11:24 AM Flag

    Now even the most pro-Washington politician in EU start to realized that the ruling elite in UK/US wants to see Russia and Germany/France to destroy one another in WW3. That mission was incomplete during WW2.

    Recently Obama proposed $4 trillion government spending, with dramatic increase in defense spending and infrastructural spending. These are good government spending if we are at the trough of the regular economic cycle. But we are supposed to be at the peak of the economic cycle after stock market jumped more than 40% over the past three years. Why are we still at the "trough"?? Federal Reserve will never admit that we are still at the trough of an economic cycle and will still push for "rate hike" which they knew will never happen.

    ECB announced QE recently, hoping that it will help to forestall the dramatic slow-down in economic growth in the EU zone. The short-term beneficial effect has already shown up in the EU stock market. But, if you understand what Bill Gross has laid out, such effect will be temporary: it is like giving hormone treatment to a cancer patient -- it does not solve the root-cause of the problem. The same experiment has been conducted in US but failed: the zero-interest-rate and QE4ever have failed to boost the US economy back onto the long-run sustainable growth path.

    So what is next? One of the possibility is wider wars, or possibly WW3.

  • sky_walker618 sky_walker618 Feb 6, 2015 3:24 PM Flag

    Part II:
    "Although the foreign demand helps to firm up the marginal transaction prices on these assets, it is, in my view, the highly leveraged positions taking on by the domestic hedge funds generated most of the demand. As I mentioned earlier, these leveraged positions were mostly financed by the banks and other investment vehicles, which are largely hidden from plain sight. Such ENRON like private financial system have been sanctioned by the government and by the organizations like FASB probably unwittingly, and have been promoted by all level of “grass-root” networks including educational institutions.
    I think that it is almost impossible for US government to replicate the private shadowy banking system (i.e. hedge funds, SIVs, etc.) existed before 2007 since it is prohibitively expensive to take the tens of trillion of hidden debt/loss onto government balance sheet. With subdued future investment demand from traditionally current-account-surplus nations such as OPECs, China, Japan, etc., and from badly hurt hedge funds and SIVs, the USD assets could enter into a secular downtrend which would likely last a few more years.
    We have now witnessed the first and second stage of this “One-hundred-year flood” — the financial crisis and the economic crisis. I think that the third stage would be the social crisis. The high unemployment and high number of family in financial distress over a long period of time would present a fresh test to the democratic political system.

  • sky_walker618 sky_walker618 Feb 6, 2015 3:23 PM Flag

    This is from 2009:
    Part I
    "This American financial/economic crisis is the product of many years of excess built up in the global financial system. Partly because USD is the world reserve currency and partly because the Wall Street enjoys dominant position in world financial stage, the entire private financial system, including commercial banks, investment banks, hedge funds, private equity corps, investment structures such as CDO/CLO, and other SIVs and SPVs, has, during the past twenty-five years, helped to created a false sense of prosperity in America and other developed world by, like a ENRON corp, hiding the loss/debt but showing the profit/wealth.

    The persistent demand for USD denominated assets by foreign central banks and domestic non-bank financial institutions such as Insurance companies, pension funds, mutual funds has contributed to the appreciation of USD assets. That trend prompted the creations of many loosely regulated domestic speculative institutions such as hedge funds, which, with the tremendous funding from the banks and investment banks, try to take advantage of pricing trend with highly leveraged bet. Such demand from speculative financial institutions and the greater willingness for the banks to lend have further boosted the assets prices and hence the sense of wealth and prosperity among most American consumers and American corporations (higher stock prices, higher housing price, higher commodity prices, higher wage and labor compensations etc.)
    "

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