This is Why More Americans Are Leaving the Big Cities
The Atlantis Report:
This is Why More Americans Are Leaving The Big Cities - The Exodus is Massive
Premiered 2 hours ago
This is Why More Americans Are Escaping The Big Cities - The Exodus is Massive
Inflation is roaring back to life at a 30 year vacation and most people today have either forgotten what it looks like or they just haven't seen it.
Inflation is absolutely out of control. The pressure building on rates is going to blow the Fed’s lid off the pressure cooker eventually.
Housing, the number one expense, is up about 50% in the last year or so based on pending offers I’m seeing now.
It takes time for the data to flow through the system.
Once it does, even the fed will have to address it with higher rates. Inflation keeping at higher rates, FED slowly going to pull out liquidity, markets near all time highs (with small upside towards end of year).. in past a drop of 10%-15% was common after a big run, in which inflation persisted on a high level.
By year end higher, mid term there has to be a major correction (not bear market). A bear market can only happen if the FED wants it to happen (pull the plug).
The real economy became irrelevant a long time ago. After the tech Ponzi, there came the housing Ponzi; there came the gig Ponzi; there comes the printing press gambling Ponzi. This is the beginning of depression on a 1929 scale. And this is just The Tip of The Iceberg .
The FED has lost control of rates and is in a panic. Millions of Americans have now filed new claims for unemployment benefits since this pandemic first began.
More than 100,000 businesses have permanently shut their doors, and U.S. consumers have skipped payments on more than 100 million loans. It is an economic meltdown of unprecedented size and scope, and many more months of extreme economic pain lie ahead of us.
And even a very small spark could set off more rioting, looting, and violence. They covered up the fake economy for twelve years since the last financial implosion by flooding the market with trillions of dollars gifted to the banksters.
The purpose of the pandemic is to give trillions of more dollars to the banksters, give Big Pharma free money , to bail out the corporations' debt used for stock buybacks, and to bailout CME.
The banksters forcing the equity markets up does not help the economy but increases inflation on the items we need. Shelter, food, medical, and education.
This pandemic has people reanalyzing a lot of things, including where they want to live. For some, that means asking if it's time to move out of big cities.
Tons of people have been leaving long before this pandemic started!
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