This is tragic, we're going to end up like russian men who have to pimp out their women to service mr.Yamomoto and fujita in order to make some money and pay off our debts to the chinese! and when that happens...its torches and pitch fork time*
Things are out of whack here in France, for sure. They keep telling us there is no inflation! Then why does the price of gas, electricity, public transportation, food, keep going up? Pay is not only stagnant, it is decreasing.
Does this mean that my 99 YUKON with 250.000 miles on it and no longer runs is now worth $4500. Last week i couldn't get $200 from the scrap guys. What a great deal. In fact i may see it I can pick up a few more clunkers and make a few bucks selling them to folks who are in the market for a new car.
What you are describing is called a "plunder economy". Where the government collects every dollar they can morally collect and use it to recruit workers into their systems of employment. It is a subtle form of recruitment. Those they employ will support big government. When the people feel dependent on the Nanny State they tend to defend it's programs. The ugliest part is that we become a work brigade of pets to the government, and that is where we now find ourselves.
very good video once again. economic4caster- are mortage rates based on the rates of 10yr and 30yr bonds?? do you think other countries in europe and asia will move away from the dollar as the reserve currency and if so what should we be watching out for? thanks man love your explanations!!
Hey here the hitch. That many of the traditional mortgages our now feeling pressure with rising rates. This the typical responsible mortgage getting rail roaded per sey. ARMs & other exotic mortgages are set by the key fund interest rate, remember the ridiculous teaser rates, they were directly tied to this lowering of this rate to 1% by A.Greenspan. Now this year the key fund rate has dropped below 1% hovering near 0%. This has helped ARMs but not 30 yr fixed market thats tied to 30yr t-bond.
This recent Bond Market Rally just like the last one is a gift in my mind to get out bonds while prices are up & their are buyers. Russia is still shifting funds with other major creditors. so expect individual to behave use this rally, if you watch the markets capital does seem to be leaving Bonds & USD without stocks going up, a indicator of capital fleeing or not being reinvested. watch this closely, america isnt ready domesticly to handle a flight of foreigners.
Nice! 5 Star. The one good thing I see starting to happen is the government taking credit with mainstream publishing the worst is behind us. At least their gonna be wrong again the difference people are already feeling it in their wallets. Its sad it will take calamity to make the right choices, balanced budget. Next few weeks, months, years will be a drama queen.
Great video! Keep the founding fathers qoutes coming. The Constitution must be adhered to. Thomas Jefferson was one of the greatest men of all time. Could you imagine if he were here today to see what has happened to our country. Our government is out of control and taking us down.
All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.
John Adams
Just stop the stupid "fcking" wars and get back to work. Obama is destroying the country in front of your eyes.
Counterfeiting money isn't going to solve shit....
Oliver Stone upon receiving his Oscar for Platoon.
"If the American people ever allow another VIETNAM then all those men and women would have died for nothing, for we as a nation would have learned nothing form the ERROR.
Iraq, Afghanistan is that error and those 60,000 patriots have died for nothing.
Shame on you USA, you don't deserve your country.
I assume you are talking about the politicians, not the people, right? If you think citizens tell politicians to make these decisions, you have to turn off the TV, stop making stupid assumptions that make an ass of you, and start asking questions of the citizens.
Morrison knew that's why he took so many drugs, the people don't have any power that's why the most beautiful country ever conceived by mankind is in chaos.
you seem crazy.... risk the collapse of the system? i kinda get what your saying but i dont believe in that shit.
alphaprocyonx 1 year ago
Great video, thanks
caganb 2 years ago
This is tragic, we're going to end up like russian men who have to pimp out their women to service mr.Yamomoto and fujita in order to make some money and pay off our debts to the chinese! and when that happens...its torches and pitch fork time*
mookixox 2 years ago
the worlds people need to work with a new idea ...........have less......BE more
people say they have a soul like its something they own,( i look for it in my pockets?)
I dont have a soul, I AM a soul
differnt point of viewleads to different direction and values
Thank you your time and energy posting
1mealperday 2 years ago
Things are out of whack here in France, for sure. They keep telling us there is no inflation! Then why does the price of gas, electricity, public transportation, food, keep going up? Pay is not only stagnant, it is decreasing.
slobomotion 2 years ago
Does this mean that my 99 YUKON with 250.000 miles on it and no longer runs is now worth $4500. Last week i couldn't get $200 from the scrap guys. What a great deal. In fact i may see it I can pick up a few more clunkers and make a few bucks selling them to folks who are in the market for a new car.
taineasy 2 years ago
Hey, if it runs you are in business;,as long as you buy a new car or truck.
Economic4caster 2 years ago
WIthin 5 miles of where I live many thousands of sq feet of new buldings have been going up - mainly commercial & a lot of warehouses.
And amazingly they seem to be built on spec - as "for lease" signs go up after construction is completed.
So some ppl have a great deal of faith in the US makt as many millions are being spent.
Where is the money coming for all this new construction - China? India? UsA?
DillonX 2 years ago
What you are describing is called a "plunder economy". Where the government collects every dollar they can morally collect and use it to recruit workers into their systems of employment. It is a subtle form of recruitment. Those they employ will support big government. When the people feel dependent on the Nanny State they tend to defend it's programs. The ugliest part is that we become a work brigade of pets to the government, and that is where we now find ourselves.
FreedomsReigning 2 years ago
thanks for the vid, i've been watching for some time now, keep it up :)
pr0digy11 2 years ago
Great video. Looking forward to the next. You give an interesting perpective to the economic news.
Perceiving 2 years ago
You again make some very good points.
As you say confidence is the key, without it they (the political/Elites) have NOTHING.
The games up (THE PEOPLE KNOW IT), and you know what, they are realising it too.
Get ready to see them scamper off to the hills, with their tails between their legs.
'GREED/IGNORANCE' always brings about its own end.
What they have is simply 'NEVER' enough.
NowisEvollovetion 2 years ago
very good video once again. economic4caster- are mortage rates based on the rates of 10yr and 30yr bonds?? do you think other countries in europe and asia will move away from the dollar as the reserve currency and if so what should we be watching out for? thanks man love your explanations!!
enterthematrix777 2 years ago
Hey here the hitch. That many of the traditional mortgages our now feeling pressure with rising rates. This the typical responsible mortgage getting rail roaded per sey. ARMs & other exotic mortgages are set by the key fund interest rate, remember the ridiculous teaser rates, they were directly tied to this lowering of this rate to 1% by A.Greenspan. Now this year the key fund rate has dropped below 1% hovering near 0%. This has helped ARMs but not 30 yr fixed market thats tied to 30yr t-bond.
bl782 2 years ago
This recent Bond Market Rally just like the last one is a gift in my mind to get out bonds while prices are up & their are buyers. Russia is still shifting funds with other major creditors. so expect individual to behave use this rally, if you watch the markets capital does seem to be leaving Bonds & USD without stocks going up, a indicator of capital fleeing or not being reinvested. watch this closely, america isnt ready domesticly to handle a flight of foreigners.
bl782 2 years ago
Excellent video! I like the Thomas Jefferson quotes. Thank you for posting this.
fal2grace 2 years ago
Thanks.
cuzimfrombk 2 years ago
Thanks 4caster. Love your videos!
ericrauda 2 years ago
You come across as credible and by not taking any financial payments further cements this. Thanks for your views
turbotrana 2 years ago
no no thank you i look forward to your vids they help everyone gets an handle on what is going on.
REVOLTbydesign86 2 years ago
Nice! 5 Star. The one good thing I see starting to happen is the government taking credit with mainstream publishing the worst is behind us. At least their gonna be wrong again the difference people are already feeling it in their wallets. Its sad it will take calamity to make the right choices, balanced budget. Next few weeks, months, years will be a drama queen.
bl782 2 years ago
Thank you for sharing your work. Econotards such as myself rely on it. lol.
Howlongdowehave 2 years ago
I THANK YOU FOR WHAT YOUR DOING!!!!
MRICONMUSIC 2 years ago
A great contribution.
many thanks,
thesubmainman 2 years ago
Nice video. Keep up the good work.
Greets from the Netherlands
edjuh10 2 years ago
Good stuff, as always, thanks
frgtmygld 2 years ago
Thanks for updates. Keep it up.
maxinatlanta 2 years ago
Great video! Keep the founding fathers qoutes coming. The Constitution must be adhered to. Thomas Jefferson was one of the greatest men of all time. Could you imagine if he were here today to see what has happened to our country. Our government is out of control and taking us down.
hockey1u 2 years ago
All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.
John Adams
Just stop the stupid "fcking" wars and get back to work. Obama is destroying the country in front of your eyes.
Counterfeiting money isn't going to solve shit....
boots920 2 years ago 3
Housing recasts 2010-2011 and CDS'S =IMPLODING.
Thanks for your video's.
meikagirl 2 years ago
Great stuff man, you're a true patriot.
rahmega7 2 years ago
I don't commet very much, but I do like listening to you videos. Thanks.
codematrix 2 years ago
Keep up the good work.
yaplonglong 2 years ago
Oliver Stone upon receiving his Oscar for Platoon.
"If the American people ever allow another VIETNAM then all those men and women would have died for nothing, for we as a nation would have learned nothing form the ERROR.
Iraq, Afghanistan is that error and those 60,000 patriots have died for nothing.
Shame on you USA, you don't deserve your country.
boots920 2 years ago 2
I assume you are talking about the politicians, not the people, right? If you think citizens tell politicians to make these decisions, you have to turn off the TV, stop making stupid assumptions that make an ass of you, and start asking questions of the citizens.
pshinspections 2 years ago
Whoever controls the media, controls the mind.
Jim Morrison
Morrison knew that's why he took so many drugs, the people don't have any power that's why the most beautiful country ever conceived by mankind is in chaos.
boots920 2 years ago