News, Rumors and Opinions Thursday Morning
Holly Thursday RV Report:
Good morning roomies
Freedom is never given, It is won! Martin Luther King
My sources have all said things look very promising for the final release to be entered.
We are in an any moment any day situation. No one will know when it happens, it will just happen.
You are tired, keep the faith.
You are losing hope, keep the faith.
You are in debt and no money, keep the faith.
Allow your faith to sustain you and know you, we, were all brought to the brink before the abundance flood gates open. We will all remember our humble roots.
Our egos are getting tossed to the curb, and no ego is needed where we are going. Stay the course. Keep your vibrations high, your attitude positive and your faith alive!
Holly
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The Green Lantern:
Washington DC has indicated that they've got everything ready so that all nations will receive their funds simultaneously.
There is just one document which consists of 800 pages that is needed for signing.
Anticipating the release any day now
Please God put your hand on whoever has the authority to get this done as people cannot wait any longer as there has been too much suffering.
God bless you all.
The Green Lantern
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Notable Resignations Worldwide
On Dec. 22, 2017 #Q asked us to "Track CEO Resignations"
Since Dec. 26th, 2017 Resignations, Retirements, Firings and Deathcases are tracked!
Resignations: 14,202
People: 13,652
Organizations: 9,968
Countries: 171
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Iraqi Dinar update for 12/01/21
Pimpy’s Investment Chat: Dec. 1, 2021
News starts at minute 4:00
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Richard Duncan: The Fed has Become a Hostage of the S&P
Palisades Gold Radio: Dec 2, 2021
Tom welcomes a new guest Richard Duncan to the show. Richard is a macroeconomist and the author of three books on the global economic crisis.
Richard discusses how (total credit debt) credit growth now drives the economy. Currently, U.S. debts have surpassed 85 trillion. Whenever credit growth slows below two percent annually the U.S. enters a recession. This has happened nine times since 1950.
The economy has changed fundamentally since the 19th century. Gold has not been money for fifty years. The big change came in 1968 when the Fed was allowed to create money without having a reserve.
When the gold window closed in 1971 so ended the corrective mechanism to balance the trade imbalances between countries. In the 80s the U.S. discovered they could run trade deficits without much consequence.
This did result in the dollar being devalued but during the 90s we saw the economies of developing countries improve massively. The U.S. was able to rely on cheap foreign labor and manufacturing to produce low-cost goods.
Until recently money printing had little impact on inflation growth. Month on month change for inflation is breaking out higher. There are many reasons for higher prices over the past couple of years and inflation is not certain.
For now, large stimulus packages are not expected. Without stimulus, we would likely have had a major recession.
Chairman Powell has recently stated plans to accelerate tapering and raise interest rates. Credit growth is expected to slow rapidly and without more debt, the economy could contract. Our system is no longer that of capitalism but 'creditism'.
The Fed is hostage to the S&P and is covering for any market corrections. The economy is essentially on life support.
The Fed can't raise interest rates far and it seems less likely to do so in light of the new covid variant. Wealth is becoming very stretched compared to income.
Income is not keeping up and overall downward pressure remains on wages. People need income to pay their interest on the money they borrow. Income is no longer keeping up with assets like home prices.