Profile image
By John Rolls (Reporter)
Contributor profile | More stories
Story Views
Now:
Last Hour:
Last 24 Hours:
Total:

X22Report: Central Bank & MSM Have Been Exposed, Economic Control Belongs To The Patriots - Video

% of readers think this story is Fact. Add your two cents.


 

X22Report

486K subscribers

 

The patriots are now trapping the [CB] establishment, in the UK BJ has created virtually the same deal TM created, but within the deal there is another deal that the patriots will use against the [CB]. UK is getting ready to vote on the BREXIT. Deutsche Bank is now laying people from the bank, this is not a good sign. The patriots have now exposed the [CB] and the MSM, the MSM and certain financial pundits have been pushing a recession.


President Trump needs to bring the pain. These attempted coups cannot go unpunished.


DONT tRUST GABBARD wolf in SHEEPS clothing.


CENTRAL BANK = CRIMINAL SYNDICATE🔥


The Federal Reserve Is Not Federal And It Has No Reserve!🔥


ABOLISH THE FEDERAL RESERVE!🔥


The fake news is PUBLIC Enemy number 1, they need to be dragged thru the streets, like Mussolini was during ww2….then hung up side down, after being beaten and urinated on…they might like that…these demon rats along with ALL CORRUPT politicians should Be NEXT…anyone AGREE!


MSM has been exposed? Really? For the umpteenth time and people STILL believe them!!


THE PAIN IS COMING… There is NO ESCAPE. THE PEOPLE HAVE VOTED N HAVE SPOKEN…. The WORLD IS AWAKE NOW


Central Banks Are Driving Us Toward A Stagnant Global Zombie Economy

Authored by Daniel Lacalle via DLacalle.com /  ZeroHedge

Liquidity injections and zero interest rate policies disguise risk and may give a false sense of security…

This risk could not be more evident today.  Not only have we seen large downgrades to consensus growth estimates and central banks’ expectations of GDP and inflation, leading indicators also point to a much weaker economy ahead.

Philippines’ Central Bank Governor Open to Another Reserve Ratio Cut This Year

There are similarities with 2008 that we should not ignore.

  • A massive China stimulus inflates risky assets and commodities.

  • Poor macro and earnings data is ignored by markets assuming that all will improve in the second half of the year.

  • Yield curves invert.  15 economies now have 30-year yields lower than LIBOR overnight rates.

  • The figure of negative yield debt rises to $11 trillion.

Financial repression is at all-time highs while leading indicators point to a growing risk of recession.

In the first quarter of 2019, stocks have added $9.3 trillion in market capitalization, bonds have gained almost $2 trillion in value.  Meanwhile, the Conference Board Index of leading indicators has plummeted for the major economies. The Citi Economic Surprise Index has also fallen, particularly in March, despite a small bounce in the Eurozone at the beginning of the year. Global trade growth, machine equipment orders and manufacturing indices remain poor… while debt soars to another record-high of $244 trillion according to the Bank of International Settlements and the IIF.

The difference with the Asian or the 2008 crisis is that this time the excess risk is hidden under central banks’ balance sheets and will continue to do so.

So, if risk is hidden under a perennial money supply-growth carpet, why should we worry? Because the endgame is not likely to be a 2008-style bang, but a slow, painful and unstoppable zombification of the global economy.  As the evidence of stagnation rises, governments get more nervous. What do they do? Stop the monetary madness? Allow high productivity sectors to thrive? Promote deleveraging and prudent investment? No. More white elephants, massive unproductive spending at the expense of taxpayers and savers in what is likely to be yet another massive transfer of wealth from salaries and savers to governments with fancy names.

Investors are forced into riskier assets for lower returns and the crowding out of productive sectors in favour of government and crony subsidised sectors accelerates, sending money velocity lower, productivity growth collapses and mainstream economists hail the financial repression madness with the excuse that “there is no inflation”, while citizens all over the world complain and demonstrate -rightly- against the rise in cost of living. Intensifying financial repression under the “there is no inflation” excuse is the most ludicrous mantra ever. It is like running a car at full speed down a  highway under the premise that “we have not crashed yet”.

Many economists defend the zombification of economies under a false social premise. The argument is the following: What is bad about following the example of Japan? It has low unemployment, its debt is cheap and the economy survives rather well. It is a social contract and debt does not matter.

Everything is wrong with this argument.  Japan’s low unemployment has nothing to do with monetary and fiscal policy and everything to do with demographics and lack of immigration. Japan’s low cost of debt is not a blessing. It is the result of using the savings of citizens to perpetuate an almost-Ponzi scheme that does not prevent the country from spending more than 20% of its budget on interest expenses. The idea that it is irrelevant because the Treasury buys more bonds tells us how insane we are defending such policies. It is a massive kick-the-can policy transferring the risk to the next generations. It is no wonder that Japanese citizens don´t spend or invest as much as their central planners would want them too. They are not stupid. They know that the government is going to confiscate wealth via monetary and fiscal means at some point. This endless debt machine makes the economy less dynamic, and stagnation is guaranteed.  But the strength of the Yen and the low cost of Japanese debt are only supported by the high level of international reserves and strong financial flows of the country. Japàn keeps its imbalances because it is one of the few that has undertaken this concerted policy of zombification. This cannot be transferred to the rest of the world, because the result would not be Japanese-style stagnation but Argentina-style crisis chain.

The fact that Japan has survived two decades of stagnation with the wrong Keynesian policies should not be an excuse to do the same, but an opportunity to do the opposite.

The idea that Quantitative Easing has failed to spur growth and healthy recovery of the world economy is correct. The thought that the mistakes of quantitative easing are solved by outright currency printing and more government crowding out of the productive economy is simply ludicrous. You do not correct mistakes with a bigger mistake.


    ***Support BeforeItsNews by trying APeX (far superior to colloidal silver) or any of our four other great health products at www.mitocopper.com ***

    Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

    Anyone can join.
    Anyone can contribute.
    Anyone can become informed about their world.

    "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

    Support BeforeitsNews by trying our natural health products! Join our affiliate program
    Order by Phone at 888-809-8385 or online at
    www.mitocopper.com


    Get our Free Ebook, "Suppressed Health Secrets"  with  Natural Cures THEY don't want you to know!

    APeX - Far superior to colloidal silver! Destroys Viruses, Bacteria, Pathogens with Oxygen plus Silver!

    Supreme Fulvic - Nature's most important supplement! Vivid Dreams again!

    Ultimate Curcumin - Natural pain relief, reduce inflammation and so much more.

    MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
    Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
    Organic Hemp Extract (CBD) - Full Spectrum high CBD (3300mg) hemp extract eases stiff joints, relieves stress and more!
    Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
    Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)


    FINAL WARNING!  Diseases are EXPLODING!  Watch this Video about APeX and You'll THROW AWAY Your Colloidal Silver!  APeX destroys Viruses, Bacteria and other Pathogens with the power of Oxygen PLUS Silver!  Nobody else has a product like THIS!   See why the inventor hasn't been sick in 16 years and why you'll never hear about it on the FAKE NEWS!  Get some now and tell your friends about it too so we can reach more people!  


    APeX Interview - Superior to Colloidal Silver from Lee Canady on Vimeo.


    Learn about APeX Here and Get the 50 Page Report in PDF format.   Call us at 888-809-8385 to order by phone.



    Report abuse
    Loading...
    Loading...

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Loading...
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.