MARKETS A LOOK AHEAD: If THIS Happens Tomorrow, Stocks Are DONE... Mannarino
China Now in Dollar Bear Trap – Catherine Austin Fitts
Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says she is less worried about the coronavirus and more worried about what happens to China’s economy. Fitts explains, “Whatever is going on, it is going to slow down the Chinese economy. If China slows down a lot, it is going to put them in a dollar bear trap. The thing that kept the global economy going after the bailouts were the Chinese, and the Chinese did that by levering. A lot of that debt is dollar based. So, now if their income shrinks, especially after the trade war with the U.S. administration, they are going to be in a dollar trap. That means it’s (dollar) going to be stronger than if this would not have happened.” In short, China will need dollars to pay debt, supporting the dollar.
Fitts goes on to say, “From everything I have heard so far . . . the virus is not my concern for the Western world. My concern is the vaccine. So, I am extremely concerned about Nano technology and vaccine injury. The process to push for vaccine mandates has been very extreme. . . . Why are we seeing such a heavy push for heavy schedules of vaccines and mandates for vaccines, which is in violation of the Nuremberg code and the U.S. Constitution?” Fitts thinks that big tech and big government are seeking tighter and tighter control through technology and cloud computing. Fitts says, “You are going to have Microsoft, Amazon and the New York Fed banks operating and controlling a huge amount of data for the U.S. government. That means you can re-engineer the entire federal government at a very high speed. Imagine getting your Social Security check getting deposited into your Amazon account where you are restricted on what you can and cannot buy. . . . We are putting into place the technology where the control that can be done is beyond the imagination of most people.”
Fitts goes on to say, “In the meantime, there is no mention of the fact that they just took the United States government dark (because of accounting rule FASAB 56 recently instated that basically makes everything a national security secret in U.S. federal budgets) and it is a contradiction of every standard of responsible financial management we have ever known in the history of the entire Republic.” Fitts thinks, “The Deep State is winning big time,” and the end goal is to “Take the land but you have to take the guns first.”
Fitts says things in the global economy are out of balance and progress is not happening. Fitts says, “The other way to get back into balance is with war. . . . We have had lots of covert wars going on, and my concern now is we are going to have more overt war.” Fitts says people need to get ready for dramatic challenges coming, and she says the theme for common citizens is “to become less dependent and more resilient.” Fitts also like gold as an investment because inflation is already here and is not going away anytime soon. https://usawatchdog.com/china-now-in-dollar-bear-trap-catherine-austin-fitts/
Amazing coincidence: Coronavirus VACCINE just announced
The race is on to develop a new vaccine for novel coronavirus, and leading the pack is Professor Yuen Kwok-yung and his team from the University of Hong Kong (H.K.U.), which reportedly already somehow developed a vaccine that’s just awaiting testing. The chair of infectious diseases at H.K.U., Yuen told reporters that he and his colleagues were able to isolate the new virus from his city’s first imported case, and transform it into a vaccine that, upon being tested and approved, can be publicly released... https://www.investmentwatchblog.com/amazing-coincidence-coronavirus-vaccine-just-announced/
Prime Minister Benjamin Netanyahu approved a plan on Sunday proposed by Health Minister Yaakov Litzman to create a vaccine factory in the country in the wake of the coronavirus epidemic, which has slowly traveled across the globe from China… Litzman proposed the plan during an emergency meeting called with several Health, Finance, Foreign and Justice Ministry leaders to discuss the coronavirus.
Not many people talk about the threat coming from the Northern Border, but it needs to be a national discussion and it needs to happen soon.
Most American foreign policy experts and diplomats know that Ukraine is a deeply corrupt country and has been for decades since the breakup of the Soviet Union — not that Moscow’s Communist government was much better.
“The investigations and oversight will continue,” said Representative Carolyn Maloney of New York, head of the Oversight and Reform Committee, the lead investigative panel in the House. “We’ve got several cases.” Democratic-led committees in the House will keep seeking a wide range of evidence and testimony as they look into Trump’s administration, his policies and his businesses and finances.
Since the first use of fingerprints to identify and convict a murderer, in 1892, detectives the world over have come to rely heavily on print evidence to build their cases against suspects. One limit on the value of fingerprints, though, is that it is hard to work out how old they are.
For ten years now we have been telling you that the main conflict between Israel and the Palestinians centers almost exclusively around who has the right to control Jerusalem. This is because God in the Bible says Jerusalem is where He has placed His name, and Satan has declared that he will take what God has. This has been the endless struggle all the way since Job 1. Here in 2020, we find this to be the exact reason why Abbas and the Palestinians are rejecting Trump’s peace plan. That little glimmer of light of Arabs siding with Trump peace plan evaporated quickly.
Weaponised Hysteria': Can US Use Coronavirus Outbreak to Its Advantage in Trade Talks With China?
As global markets were bracing to return to firmer ground amid the first signs of economic certainty with the UK finally leaving the EU and the US striking a first phase trade deal with China, the coronavirus outbreak has sent them into a downward spiral – and Washington might be the one to profit from it the most, experts believe... https://sputniknews.com/analysis/202002021078207504-weaponised-hysteria-can-us-use-coronavirus-outbreak-to-its-advantage-in-trade-talks-with-china/
How the Specter of Communism Is Ruling Our World: List of Chapters
The Epoch Times is serializing a translation from the Chinese of a new book, How the Specter of Communism Is Ruling Our World, by the editorial team of the Nine Commentaries on the Communist Party... https://www.theepochtimes.com/how-the-specter-of-communism-is-ruling-our-world-list-of-chapters_2658181.html (The late Dr. Peter Ruckman talked about this in his video The End of the Rope recorded sometime in the 90s, and based upon Daniel's night visions in Daniel chapter 7.)
... Before the concerns about the Wuhan virus surfaced the global equity markets and commodities were in rally mode as the world was convinced that 2020 would result in a combination of continued central bank MONETARY STIMULUS because, when supercharged with FISCAL STIMULUS, the low cost of government borrowing was going to result in long delayed infrastructure projects, especially with the push for GREEN initiatives. Copper prices, oil prices and overall commodity indexes were on rose in anticipation. But as the virus spread everything reversed in dramatic fashion. COPPER and OIL have both dropped around 14% since January 15 as other commodity prices experienced lesser declines. Equity markets have begun to experience sell-offs as investors become concerned about global stagnation as consumers retrench in fear of the spread of the virus...
... The emerging market debt load priced in DOLLARS is a real concern for the financial system. This has been the theme of Vice Chairman Richard Clarida’s speeches for the past year. The reserve role of the DOLLAR makes the FED the key liquidity provider for the entire system, from exorbitant privilege to exorbitant burden. It is the debt load that worries all as the rapid deterioration in commodity prices coupled with the sharp rise in the dollar against emerging currencies sets off an alarm of global deflation. In the press conference the major concern from the chairman was reaching the 2% inflation target, citing the failure to lift PCE prices above 1.5 %. The recent market actions should keep Powell deeply concerned. While Powell notes that leverage levels are comfortable in current conditions, what about a strengthening DOLLAR combined with rapidly falling raw material prices. When I do the math, 2+2=5 seems to be the correct answer.
The GOLD has certainly been responding to the difficult predicament confronting global central banks. The barbarous relic has sustained a 4% rally since the beginning of the year performing well against all currencies as markets remain concerned about central bank policies. Again, if equity markets decline Monday in response to increased virus cases watch the RBA for a clue to central bank concerns. Stay flexible into the face of God’s laughter. https://yragharris.com/2020/02/02/plans/