Bill’s Commentary:

“Gold is the measuring stick.”

The Melt-Up Trap: Why Stocks Must Rise Until the Dollar Breaks

The University of Michigan Consumer Sentiment Index is one of the clearest windows into how the average American actually feels about the economy.

Each month, the university surveys households across the country, asking straightforward questions about personal finances, job prospects, inflation, and expectations for the future. Those responses are distilled into a single number that captures the public’s economic mood. Because it has been tracked for decades, the index offers a long-running reality check on confidence at the household level.

Today, the University of Michigan Consumer Sentiment Index is sitting near record lows — decisively below levels seen during the 2008 financial crisis, the dot-com bust, and even the deep recessions of the early 1990s and 1980s.

Read more here…

Bill’s Commentary:

“True story!”

Bill’s Commentary:

“And there you have it!”

Bill’s Commentary:

“Finance 101 and 100% correct”

Why the Next Recession Will Be the Catalyst for Depression

This is why a recession will catalyze a collapse of the credit-asset bubble-dependent economy down to its foundations.

Narrative control works by having a pat answer for every skepticism and every doubt. Boiled down, the dominant narrative holds that the Federal Reserve (central banking) and the central government have the tools to quickly reverse any dip in GDP, a.k.a. recession, and return the economy to expansion.

The unstated foundation of this narrative is that recessions are bad, as only permanent expansion is good. That this isn’t “free market capitalism” doesn’t bother anyone, because the whole point of central banking and government is to eliminate the rough edges of “free market capitalism” with the sandpaper of “state capitalism,” which creates or borrows as much money as needed to smooth over any spots of bother, a.k.a. recessions.

Read more here…

Bill’s Commentary:

“It’s always “divide and conquer”!”

The latest from Erik –

One thought on “

  1. That’s because the putrid, neocon, Zionist, palentir, mobster, psychopath Trumpster is part of the criminal uniparty! That’s why there was NO one to vote for in ‘24!

    >

    Like

Leave a comment