US Government’s “Outlawing” of Financial Recession GUARANTEES an Upcoming Massive COLLAPSE
For at least the past 40 years, the American economy has been a smokescreen of heavily rigged markets and financial manipulation, compliments of the private Federal Reserve banking cartel. Whenever the money masters see that their financial Ponzi scheme is faltering or on the verge of failure, they flood the economy with stimulus money, screw around with interest rates, and generally kick the can of collapse down the road.
Every so-called “recession” since 1981-82 has not truly been the real thing as recessions have effectively been outlawed by the powers that be. Monetary policy is such that the American “free market” economy is never truly allowed to correct itself because the Ponzi Protection Team is always right there to rig it back up again.
Each time this happens, the bubble economy grows larger and larger. Eventually it will pop no matter how they try to rig it, and the longer they play the boom-and-bust game, the bigger the inevitable bubble burst will be.
“Massive ’emergency’ stimulus that became permanent policy has created a bubble economy in which low interest rates and unlimited credit for those who are more equal than others has sparked demand for income-producing assets, which then sparked a speculative mania,” writes Charles Hugh Smith from the OfTwoMinds blog.
“We’ve habituated to both the bubble economy and the speculative mania so that these are now considered normal. But behind the comfortable normalization, something counterproductive has taken hold: we’re now addicted to the bubble economy and its crazed twin, speculative mania. If the bubbles pop and speculators go broke, the economy and financial system will both implode.”
(Related: Did you catch what intelligence expert and whistleblower Jeffrey Prather had to say about the coming total financial collapse, which will be followed by the Mark of the Beast?)
Housing bubble a product of Fed’s market socialization efforts
If we had a true free market economy, there would not be endlessly printable fiat currency, for one. Capital would also have an actual cost attached to it, effectively preventing a bubble economy from ever forming in the first place.
“Without ZIRP (zero-interest rate policy), capital actually has a cost, and the bubble economy cannot survive if capital has a cost,” Smith says. “Once capital has a cost, then speculation becomes risky, and speculation cannot survive if risk actually has a cost.”
“Having made unprecedented, permanent stimulus the bedrock of the economy, there’s no stopping the runaway train: should the bubble threaten to burst, the only possible response is to push stimulus to new extremes. These new extremes become normalized and once normalized, the counterproductive internal dynamics of these extremes are conveniently ignored.”
Contrary to popular belief, the United States has a socialist economy, not a free market one. The current housing bubble is a product of the Fed buying trillions of dollars of mortgage-backed securities, which is socialism that benefits property owners at the expense of renters – but it keeps the Ponzi scheme intact, so it persists.
Once the Fed reduces interest rates back down to zero, which is coming, “doom spending,” as Smith calls it, will once again commence. The runaway train of endless money creation will trigger more inflation, eventually followed by hyperinflation and total collapse.
The rich will get richer while the poor get poorer until the house of cards inevitably crumbles. Because the can has been kicked so many times, the coming collapse will be massive.
“Rather than guarantee the permanent expansion of all the good things, outlawing recessions guarantees a monster recession as our innate ability to normalize extremes and slip into blissful complacency will shatter in unexpected ways,” Smith warns.
“Those who came of age after 1982 have never experienced a real recession, and so they’re unprepared for anything other than guarantees of rescue and permanent expansion.”
No matter how they try to rig it, the current financial infrastructure will eventually implode – the question is: when? Find out more at Collapse.news.
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Nevada Residents Shocked To Discover They Voted In Primary
‘Numerous’ Nevada voters were shocked to discover that they voted in the Feb. 6th presidential primary, despite not having done so – the Las Vegas Review-Journal reports.
Las Vegas resident and registered Republican Daphne Lee told the outlet that her family checked the secretary of state’s website on Sunday to look up their voter history after hearing about the issue. The site showed that she and her family had voted in the primary despite none of them having done so. She attempted to opt out of future mail-in ballots and was unable to do so – with a message saying she was not currently registered to vote, and that her voting history no longer existed.
“It’s just so frustrating,” Lee said, adding “This makes everyone uncomfortable.”
The secretary of state’s office claims that it has identified ‘possible technical issues’ relating to Nevadans’ voting history, and that elections and IT staff immediately began collaborating with county clerks and registrars Monday morning.
According to the report, the systems used by some counties require additional steps to ensure that voters who did not actually vote, don’t have a voting history, the SoS office said, adding that some of these steps were not taken.
“Our office has been validating new files from each county and moving them into production as soon as the accuracy of the data is verified.”
It determined that the problem resulted in some counties not taking the proper steps to upload their voter registration. Every night each county uploads their voter registration to the secretary of state’s database, which executes code to create the statewide voter registration file that Nevadans see when they log into vote.nv.gov, according to the secretary of state’s office. –Las Vegas Review-Journal
The SoS added that the data should be fixed within 48 hours, and they will produce a comprehensive report to detail what happened.
“Again, this is an error that relates to the code used for when a voter is sent a mail ballot and does not return it; it has no connection in any way to vote tabulation,” the office said in a statement, adding “The top-down Voter Registration and Election Management System (VREMS) project at the Secretary of State’s office will go live prior to the June 2024 election, and remove the need for these outdated processes.”
According to Gov. Joe Lombardo (R), the secretary of state’s office is working to resolve the issues.
In a Monday statement, the Nevada Republican Party said it received reports from numerous registered Republican voters who did not participate in the presidential primary that their mail ballot was received and counted by the state.
The Nevada Republican Party is in communication with the secretary of state’s office to conduct an investigation into the issues, the Nevada GOP said in the statement. -LVRJ
“We take these reports very seriously,” said Chairman Michael McDonald, who has previously expressed doubt over the validity of the 2020 election. “The cornerstone of our Republic is the trust and confidence of the American people in the electoral process. Any indication of irregularities must be thoroughly investigated to ensure the integrity of our elections.”
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‘Don’t Touch the Kids,’ Putin Tells Gays
Russia is actually tolerant of people with non-traditional sexual orientations, so long as they don’t target children or flaunt their preferences, President Vladimir Putin said on Tuesday.
The president made the remarks while addressing visitors to the ‘Strong Ideas for a New Time’ forum, a yearly event organized by Russia’s state-backed Agency of Strategic Initiatives.
“We are quite tolerant towards people with non-traditional sexual orientations. We just don’t flaunt it, and we don’t believe it’s right to flaunt it. Let everyone live – the adults – as they want. Nobody limits them in anything,” Putin stated, explaining that, basically, there are only a handful of rules which limit the LGBTQ community in the country.
“As for children, I have already said many times: ‘Don’t touch the children.’ That’s it. This is the first one. And the second one is, we are, first and foremost, a state that is guided by traditional values.“
Over the past few years, Russia has gradually tightened its legislation aimed at countering the spread of what it calls “LGBT ideology.” The drive began in 2013, when the dissemination of said propaganda was outlawed among minors.
The ban was reinforced in December 2022, when new legislation introduced major fines for anyone found guilty of promoting “non-traditional sexual relations,” pedophilia, and transgenderism among minors and adults alike.
Late last year, the Supreme Court of Russia outlawed the “international LGBT public movement,” designating it as extremist. The ban stemmed from a lawsuit filed by the Russian Justice Ministry, which asked the top court to do so, arguing that the movement has been involved in “incitements of social and religious discord” as well as exhibiting unspecified “extremist traits.”
The extremist designation has been harshly criticized by multiple rights groups in the West, which have argued that it is “absurd” and vague, and that it has had a “catastrophic” effect on the LGBTQ community in Russia. The inclusion of any group in Russia’s “extremist organizations” list effectively bans all of their activities and outlaws all of their associated symbols.
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Yemen’s Houthis Now Have Drone Submarines, Likely From Iran
Yemen’s Iran-linked Houthis have already been deploying both aerial and sea drones (or boat/surface drones) against international vessels and warships in the Red Sea, alongside ballistic missiles. The last several days have seen direct hits on commercial tankers, as we’ve detailed.
But there are new reports the Houthis have yet another ‘toy’ in their arsenal, with help from Iran, and it has been used in attacks this past weekend: an unmanned submarine. “The U.S. conducted what it called self-defense strikes on five targets in the Houthi-controlled area of Yemen after the Houthis employed an unmanned submarine for the first time since attacks in the Red Sea and Gulf of Aden began, the Pentagon said,” according to ABC, detailing events which happened Sunday.
Underwater drone, via Iran’s Mehr News Agency
So far, the US-led coalition has had to defend primarily against surface boat drones, which are easier to spot, but now the Houthis have something harder to detect in their ongoing war on Red Sea shipping in response to Israel’s war in Gaza.
ABC News national security and defense analyst Mick Mulroy, who formerly worked at the CIA and the Pentagon, has described that the Houthis are escalating their efforts to strike a US warship.
“The Houthis and the IRGC [Islamic Revolutionary Guard Corps] are adjusting their strategy, apparently because they haven’t been successful in striking a U.S. naval vessel,” Mulroy said. “If one or more of these weapons get through and kill U.S. sailors, Iran should expect to be held directly responsible.”
“The Houthis are not likely capable of manufacturing these weapons on their own, so they are probably coming from Iran,” he explained, and went on to describe the Houthi strategy as seeking to “overwhelm the ship’s defenses” in a “swarm attack.”
Thus it appears the Houthis are now capable of mounting more sophisticated, multi-dimensional attacks by air, water’s surface, and from under the water.
It was only in December of last year that Iranian state media unveiled the domestic development of the country’s first underwater drone (UUV):
The homegrown UUV, also known as an underwater drone that can operate without a human occupant, was unveiled in an exhibition of the Iranian Navy’s achievements on Saturday.
The underwater vehicle can discover and terminate various underwater mines by carrying a wide range of equipment. The Iranian UUV can go as deep as 200 meters with an endurance of 24 hours.
Since the Persian Gulf is relatively shallow, it may contain a series of underwater mines laid at depths of 10 to 50 meters, which could cause serious damage to vessels as heavy as 250 tons.
#BREAKING HOUTHIS HAVE SUBMARINE DRONES
— Dailyfusenews (@dailyfusenews) February 18, 2024
US CENTCOM: “The Houthis used a drone submarine for the first time since the start of their attacks.”
Source: AlArabiya#Yemen #Redsea #Gaza #GazaGeniocide #Houthi #HouthiDrone #UAV pic.twitter.com/h13ClO6eXL
Recent reports from the region say that Iran’s navy has at least one spy ship operating in the Red Sea area. Previously US officials said the spy ship is likely assisting the Houthis with targeting information.
If these fresh reports that Tehran is supplying the Houthis with underwater drones are true, there’s a likelihood that the drones could be assisted from Iranian reconnaissance assets in the region.
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WEF Orders Govt’s To Arrest Citizens Who Grow Their Own Food
The World Economic Forum has ordered governments around the world to criminalize the ability of citizens to grow their own vegetables at home. According to the WEF, growing food at home is contributing to so-called […]
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Internal Memo Shows ADL Forced BMG To Drop Roger Waters for Exposing ‘New World Order’
An internal memo has revealed that the Anti-Defamation League (ADL) ordered the BMG music company to drop Roger Waters due to the singer’s relentless pursuit in exposing the ‘New World Order.’ The Grayzone obtained the […]
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