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Title: "Stunning Divergence": Latest Bank Data Reveals Something Is Terminally Broken In The US Financial System
Source: [None]
URL Source: https://www.zerohedge.com/markets/s ... oken-financial-system-here-are
Published: Jul 17, 2021
Author: Tyler Durden
Post Date: 2021-07-17 23:32:47 by Horse
Keywords: None
Views: 156
Comments: 2

Loan demand is nowhere near enough to offset the Fed's forced deposit creation which incidentally ends up not in the economy but in capital markets, resulting in broad deflation offset by asset price hyperinflation.

Poster Comment:

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#1. To: Horse (#0)

I have been watching the markets a lot and here’s my speculation. The timing of which will take place when there is a big enough crisis to take our minds off of how badly we are going to be screwed. Remember in 2001, just before 9-11? We had a huge price spike in gas and utilities, and then we had the massive Enron Scandal as well as a small economic collapse? The day before 9-11, we were told money was missing from the pentagon, and boom. 20 years we have been at war, in order to take our collective minds off of how badly the banksters screwed us.

Fast forward to 2007, same deal. 2015, another massive amount of chicanery and now that Biden is in office, 2022, is going to make the Great Depression look like a pay day loan problem.

My advice? Make sure the land you are living on is paid for, no matter where it is. Make sure your vehicles are old and paid for. Make sure your house, or whatever you live in, is paid for in full. Because they’re going to come after everyone who has assets that are mortgaged or you have credit on. It will be a contraction like you have never seen before, and it’s going to destroy this country.

Add to this bit of advice, make sure your assets are liquid and not some e-currency bullshit. Crypto is tied directly to the stock market and when stocks take a hit, so does Crypto. Make sure you have real, metal money in hand.

Because I am here to tell you, we are looking at a Fallout 4 scenario where trade items consist of metal bottle caps, and useable items.

"Call Me Ishmael" -Ishmael, A character from the book "Moby Dick" 1851. "Call Me Fishmeal" -Osama Bin Laden, A character created by the CIA, and the world's Hide And Seek Champion 2001-2011. -Tommythemadartist

TommyTheMadArtist  posted on  2021-07-18   0:13:41 ET  Reply   Trace   Private Reply  

#2. To: Horse (#0)

I rarely visit his site, but I guess I'm a small minority if he can put up a paywall.

Freedom is a social skill.

Anthem  posted on  2021-07-18   5:53:34 ET  Reply   Trace   Private Reply  

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