The US faces negative net national saving of $165B for six consecutive quarters, mirroring impacts of the Great Depression and Great Financial Crisis, with a $2T government deficit and $1.85T private saving.
Fiscal dominance occurs when debt and money supply growth outpace the Fed’s ability to manage inflation, as seen during the 2020-2022 pandemic, leading to devastating impacts on modest and moderate income households.
The US government share of GDP has increased from 25% in 1970 to 36% currently, resulting in a 1/10% loss in real per capita GDP growth for every 1% increase in government size.
Despite a younger population (average age 39 compared to 44 in Europe and 50 in Japan), the US is experiencing less demand and fewer elements for economic activity and improvement.
A chronic fiscal policy problem exists, with government spending exceeding saving, causing a 1/10% loss in real per capita GDP growth for every 1% increase in government size.
The Federal Reserve’s inflation target and pressure to lower rates will lead to accelerated money supply growth and a supply-demand imbalance, potentially causing faster rising inflation when wage and price controls are imposed.
The BRICS nations, led by China and Russia, are challenging Western hegemony by establishing their own ministries and a rival to the World Bank, potentially leading to a loss of Western control over global companies and countries.
NATO is allegedly planning to use Ukraine as a stepping stone to attack Russia, with Russia already retaliating by targeting Ukraine’s infrastructure and NATO’s command centers.
Oil prices are expected to surge over $150 per barrel in the second half of 2023 due to potential actions against Iran and Saudi Arabia limiting production, creating a tight market.
The growing gap between GDP and GDI, with GDI being a better reflection of real business activity when adjusted for CPI and employment numbers, suggests the US economy is likely in recession.
Central banks’ inflation of the system may lead to a market “last hurrah” in 2024-2025, followed by a potential system collapse as long-term bonds reach double digits, crashing the economy by 2027-2028.
The Ukraine-Russia conflict is part of a four-sided tug of war between the UK, EU, US, and Russia, aimed at destabilizing Russia and gaining control over its natural resource assets.
The UK faces potential $200+ billion losses, including $50 billion Ukraine debt defaulted in August 2024, due to the Bank of England guaranteeing Ukraine’s debt.
The Fed’s strategy, including raising interest rates to 5.5% and implementing SOFR and reverse repo, aims to destroy the commercial banking system and align with a revitalized US economy.
The BRICS alliance (Brazil, Russia, India, China, South Africa) is building a parallel financial system to challenge US dollar dominance, controlling key commodity flows and manufacturing bases.
The US is moving towards rebuilding and reindustrialization, with chip plants in Arizona and Idaho, while facing competition from the Davos crowd’s vision of an AI-run future.
The US is experiencing irreconcilable differences between the woke left and MAGA right, with real power held by the banking cartel and intelligence community.
The US faces a potential crisis of confidence in its bond market, with the US Treasury Market as the primary target.
The upcoming US election is expected to remain unresolved until at least January 2024, amidst a liquidity crisis, potential false flags, and unprecedented levels of persecution and pandemic concerns.
Cut through the clutter and mainstream media noise. Get free, concise dispatches on vital news, videos and opinions. Delivered to Your email inbox daily. You’ll never miss a critical story, guaranteed.