The US banking system serves as a key tool for the Western empire to exert global control by manipulating markets, controlling food prices, and passing costs to host nations and taxpayers.
Banks drive wars by seeking new collateral to expand balance sheets, pressuring governments to control resources in other countries, while the military-industrial complex profits from conflicts.
The transition to a new monetary system will be a gradual process spanning generations, involving a shift from current systems to entirely new, unknown structures.
Central banks buying gold, especially in the East, signals a move away from the US dollar as reserve currency, with gold holders gaining influence in the new system.
Russia and China, as emerging alternative powers, are actively resisting imperial control and working to bring other nations into a new system while quarantining imperial centers.
The future monetary system may be a commodity-backed currency including precious metals and other commodities, giving producing countries weight in the new currency.
The traditional German banking system supported local small and medium-sized businesses through long-term loans, incentivizing bankers to support local economies.
Regulatory changes have gradually overturned the German model, making it difficult for small banks to operate and easier for global systemically important banks to dominate.
In precious metals bull markets, gold typically leads, followed by silver, but recent trends show gold remaining flat around $2,000 for 18 months before rallying.
The price of natural gas is artificially low due to manipulation to control food prices, but may enter a bull cycle, potentially leading to food price inflation.
Building local support networks and relationships with neighbors is crucial for surviving crises, as governments may fail to provide adequate assistance.
Trend following and calculating value at risk based on price fluctuations can help investors adjust position limits and achieve equal weighted risk exposure across markets.
The March-April correction was likely a correction in an intact bull uptrend, not a bear market rally, but the May recovery is a rally to be sold as fundamentals remain unchanged.
Despite varying economic conditions, the 10-year Treasury yield has remained sideways for months, indicating a new normal that poses challenges for a leveraged economy.
A wave of corporate bankruptcy filings, the largest since the global financial crisis, and deteriorating credit situations suggest the lag effect of high bond yields is already impacting economic growth.
Auto repossessions are occurring at the fastest rate since the Great Recession, while home equity cash outs rose 22% in Q1 2023, signaling consumer financial distress.
The quits rate has collapsed, contradicting the idea of a strong labor market and suggesting consumer anxiety about economic prospects.
The repayment of student loans could be a catalyst for cascading contagion, with delinquencies potentially skyrocketing as borrowers adjust to repayment after years of forbearance.
A massive gap exists between the household survey (down 660,000 jobs) and payroll survey (up 139,000 jobs), casting doubt on the accuracy of employment data.
A material stock market correction could force a wave of retirees to unretire due to portfolio losses, potentially causing a significant increase in the unemployment rate.
The end of globalization era is underway, potentially leading to a multi-decade transition period of economic volatility, higher inflation, and more pronounced business cycles.
Reshoring of manufacturing to the US, driven by national strategic purposes, may come at the expense of Wall Street profits but could narrow the economic gap between high and low-income groups.
Banks are reserving at a higher rate for loan losses than the unemployment rate suggests, indicating nervousness about the economy and expectations of a future credit crisis.
The breakout in silver prices above $35/oz is a technical signal of short-term overbought conditions, but analysts suggest it could quickly reach $50/oz with no resistance.
Compounding interest is a powerful force for building wealth, and teaching young people about it through practical demonstrations (e.g., Excel spreadsheets) can be highly effective.
Financial literacy, including lessons on working hard, saving money, and living below one’s means, is crucial for young people to make informed decisions and achieve financial independence.
Argentina’s economy grew at 8%, one of the world’s fastest rates, under Javier Mallay’s government, which slashed government spending by 1/3 and laid off 48,000 government workers.
The private sector immediately recouped almost half of the federal cuts, with the economy contracting by only 3-12% after spending cuts, and housing being the first industry to benefit from Mallay’s removal of tenancy restrictions.
Inflation decreased to 2.5% per month, child poverty dropped by 1.7 million, extreme poverty fell to single digits, and wages grew 30% in the last year, outpacing inflation.
The key to Argentina’s economic growth was radically shrinking the government workforce, which required a hyperinflation crisis to motivate Argentinians to elect politicians willing to implement such measures.
Argentina’s next step is attracting foreign investment to solidify its economic gains, requiring continued implementation of effective economic policies and maintenance of a reduced government workforce.
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