The West Coast/New York City/DC techie gang who fought reality tooth and nail to destroy citizens in the USA and replace us with legal and illegal aliens have hit a brick wall they built while they bellyached about Trump building walls to stop illegal aliens! The DNC leaders now control the House thanks to cheating, tons of FANG money and unfair media propaganda that attacked the GOP relentlessly.
So, we move from a very active and doing great economy to a typical DNC-run economy which is all about bankrupt governments and ridiculous rules and phantom fears, this time being ‘global warming’ while we freeze our asses off in all the places not California or Florida.
Apple, Facebook, Google are all running in the red now. They spent tremendous amount of dollars and time fighting their own customers, openly dissing their customers, banning customers, throwing up roadblocks to stop customers and voila: these lunatic companies are heading towards bankruptcy! Who could have guessed?
Bitcoins are falling, too. Chinese crypto crud collapses, many computers dumped on the street as junk:
For those who still want to be invested for deeper fundamental reasons, I suggest turning off the quote screen and sticking to your guns. Bitcoin at $4500 means the same thing today as Bitcoin at $20,000 did last year: not much.
This is a brand new asset class that’s still trying to find its footing. Until it does, we’d all be better off spending our time learning, teaching and building the underlying infrastructure. Progress in the industry is not nearly as bad as an 80% decline would indicate today, just as it was never as good as a 300% rally did last year. Progress remains steady, but slow.
The fake money con game is rolling relentlessly towards the cliff where it will drop off forever. The young people who propelled this latest peculiar folly thought that they were not merely repeating exactly the same scams as happened dozens of times in the past The South Sea Scam of 1711 was the first well-documented financial scam.
In Great Britain, a considerable number of people were ruined by the share collapse, and the national economy greatly reduced as a result. The founders of the scheme engaged in insider trading, using their advance knowledge of when national debt was to be consolidated to make large profits from purchasing debt in advance. Huge bribes were given to politicians to support the Acts of Parliament necessary for the scheme. Company money was used to deal in its own shares, and selected individuals purchasing shares were given loans backed by those same shares to spend on purchasing more shares. The expectation of profits from trade with South America was used to encourage the public to purchase shares, but the bubble prices reached far beyond the profits of the slave trade.
A parliamentary enquiry was held after the crash to discover its causes. A number of politicians were disgraced, and people found to have profited unlawfully from the company had assets confiscated proportionate to their gains (most had already been rich men and remained comfortably rich). The company was restructured and continued to operate for more than a century after the Bubble. The headquarters were in Threadneedle Street at the centre of the financial district in London. At the time of these events the Bank of England also was a private company dealing in national debt, and the crash of its rival consolidated its position as banker to the British government.
Trump will be blamed for all this by the liberals and mainstream media, of course. The Fed threw in their own powers to crush the economy by raising rates which sat at near zero during the Obama years.
The tech giants wanted to have things crushed, they actively worked for this and being run by very young and very foolish people, they didn’t read much history or examined closely the ancient saying, ‘Cook your own gooses’ or ‘your wish will come true.’
That is, they wished with all their might that Trump’s economy would collapse and thus, they would gain more power over the people and then flood the US with millions of illegal aliens and thus secure themselves with a workforce desperate for work and thus, continue with very low wages and desperate poor people voting for more welfare money.
The downside to all this is painfully obvious and they just don’t care! Being young and dumb, they think their own personal golden geese will still lay eggs after being slaughtered by them. Fools!
“…the reason we don’t [invest in climate change policies] is because we are still confused, blind, shrouded with hate, anger, racism – mommy issues…”
This man is insane. Or stupid. Or both. There is no confusion now: the planet is cooling rapidly due to solar activity dropping, there are few to no sunspots.
“I mean, we — we are we are fraught with stuff,” he continued,
HAHAHA…mainstream Bilderberg news loves to lie about their fellow Bilderberg co-conspirator! We are told all the time that Obama is ‘articulate’ and ‘intelligent’.
“And — and so if that’s the case then the single most important thing that we have to invest in is not all — and look I’m a huge supporter of science and technological research and social science and, you know, evidence-based learning and all that good stuff.
The SJW gangs running higher education hate evidence which is why they go to great lengths to fake information, lie about statistics, jiggle incoming data, etc.
I’m — I’m — people call me Spock for a reason, I believe in reason and logic and all these enlightenment values, but the thing that really we have to invest in is people. We got to get people to figure out how they work together — in a — you know, how do we get people to work together in a cooperative, thoughtful, constructive way.”
So says the man pushing for confrontation, refusal to cooperate with anyone, backing thugs who run riot in DNC-run cities, attacking citizens! The entire CO2 market scams is at the center of global economic distress. The US citizens were conned into believing the short warm cycle of the sun was due to exhaling air.
So people were told, if only we gave trillions of dollars to all other countries who are ‘polluting’ the air, they would stop and we would live without burning anything at all and kill all the cows (THEY REALLY WANT TO DO THIS!!!) and thus ‘save the planet’ from being warm.
Well, we were saved, by the sun! It listened to the Bilderberg gang and the creatures who inhabit the Outer Darkness granted them their wish: so we will now freeze up. Thank you, black magic Democrats! You made a deal with this devil.
The carbon tax is an economic burden which does nothing at all. It doesn’t change the climate unless the program is to eliminate modern living systems! Then it will work and we all get to retreat to the past way of doing stuff which was really harsh. Really really harsh.
But then, people also don’t want vaccinations, either so I guess the Dark Ages are appropriate. I just don’t want to live in that situation, myself.