Financial Armageddon is taking place in the "Fiat World" right in front of our eyes and apparently most people don't seem to give a sh*t.!!
Financial Armageddon.!!
#ghostcrash
As the Global Economy and Global Financial and Banking System continues to collapse under the sheer weight of highly corrupt, high fraudulent and highly manipulated Financial Derivatives and Financial Instruments I thought I would share with you the latest tweet I have just posted.
The tweet reads....
Financial Armageddon is taking place in the "Fiat World" right in front of our eyes and apparently most people don't seem to give a sh*t.!!
https://twitter.com/StephenPKendal/status/1174967911850508289
#debt #derivatives #crisis #crash #pension #recession
Please feel free to like and share this tweet if you are on twitter.
#ghostcrash
As the Financial System continues to collapse keep a very close eye on #Gold, #Silver and #Bitcoin.
Thanks again for reading.
Stephen
Stephen,
I am not certain whether it is "people don't give a s___" or "people don't understand".
The U.S. Federal Reserve has already stepped in for several days in a row to add liquidity to the overnight lending system. It has been widely reported yet most are blase faire about it. It is as if they do not understand that this is just another symptom of the #ghostcrash.
Then there is JP Morgan being caught manipulating the precious metal markets. It is like, so another corporation, bank, or politician got caught in corruption. People see this happen many times, but no one is held accountable by being thrown in jail. They just get a slap on the wrist and life goes on. It as if people don't give a s___.
As long as the next episode of Dancing with Stars, American Idol, sporting event, or concert is on then the public is pacified. As long as people can go to the store, get gasoline, and the trains are on time then people think it will always be that way. The truth is that it will be that way until it isn't.
Those who see the #ghostcrash happening are wiser for it. And those who do not see the #ghostcrash happening have a rude awakening ahead.
Have a fantastic weekend!
Steem on,
Mike
I agree, Mike.
Read that the USA DOJ has accused J P Morgan of manipulating precious metals for over the last decade.
Yes, when they are found guilty of corruption in the financial markets, they simply receive a relative small fine compared to the size of their profits. No person is held accountable, the vast majority of the time, and sent to prison, as you or I would be. They are having a good laugh at the system.
Here, people are transfixed with Brexit, and of course TV entertainment and sport. It's like they are diverting the public attention away with other distractions.
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I could not agree more.
Debt plays a massive role in most people's lives now that they have become a slave to the System and the System knows that.
We are living a cocoon of lies and fear being forced upon by those that we have elected.
The line was crossed decades ago from Central Government to Big Corporations and it's the Big Corporations that are running the sh*t show now.
Democracy, whatever that is, died decades ago and though most people are brainwashed into believing they have a say, they don't.
Have a great weekend Mike and thanks again for your ongoing support for my work.
Regards
Stephen
People do not save anymore! Why should they as the interest rate returns are so small. In addition, we are constantly encouraged to borrow more on credit cards, loans and mortgages - it so easy to get.
IF THE PUBLIC NEW THAT FIAT MONEY WAS CREATED OUT OF NOTHING, NOT THIN AIR, THERE WOULD BE MASS RIOTS IN THE STREETS.
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* Please note you do not have to key in [] for the command to work, APR can be affected by STEEM pricesYes, something is happening!
Noticed that the 'repo' rate spiked to 10%, when normally it is around 2%. The FED has had to intervene with 200 billion dollars over 4 days to boost bank reserves and lending. This was happening before the 2008 crisis.
Of course Federal Reserve Chair Jerome Powell was quick to down talk any concerns and gave plausible explanations and reassured the market that the FED saw NO implications.
Nothing has changed since 2008, it has become considerably seriously worse as the financial institutions have not been reformed and continue with their disastrous trading practices/policies!
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Don't think most people had the opportunity to learn enough on this subject to understand what is going on. All I know is it looks like assuming Powell has the same bag of tricks as his predecessors it is going to run out very soon, where is that helicopter drop?
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Oh, i do give a ...;)
And i am listening to your advices ;)
and make it reality...#Gold, #Silver and #Bitcoin.
Thank you.
Keep on!