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The end of the US stock market is nearing

  • #1,421
  • Edited 3:53am Jun 16, 2020 2:39am | Edited 3:53am
here is something worth reading... it seems that someone from the academic world has finally made similar conclusions to those that I came up with 20+ years ago... https://arxiv.org/pdf/2006.07847.pdf
  • #1,422
  • Jun 16, 2020 3:38am Jun 16, 2020 3:38am
here is the first one to share my idea about "cultural revolution" in the US... https://news.yahoo.com/victor-davis-hanson-says-us-013514859.html

I think there must be a new federal law introduced in regards to "assaulting the US economy with a deadly weapon", which should be considered a felony... it has to be equally applicable to individuals, groups of people, organizations, political and social movements as well...
  • #1,423
  • Jun 16, 2020 5:21am Jun 16, 2020 5:21am
Quoting Igrok
throughout human history there wasn't s even a single example when angry rebellious mobs of any kind, flooding the streets of any state, had been capable of making some positive changes for the country's economy regardless of its sociopolitical formation or a particular cause of such a civil unrest at the time
Well, there are numerous history examples involving rebellious mobs|crowds winning and getting a better standard of living
What about American Revolution ? Specifically Boston Tea Party episode https://en.wikipedia.org/wiki/Boston_Tea_Party ?
It took some time but eventually it worked out, didn't it?
Then Czechoslovakia Velvet Revolution 1991
Then Georgia Rose Resolution 2003...
Opposite is also true - look at Haiti or numerous Chinese rebellions, especially in XIX-beginning XX century which fractured their country...
And before You ask - "rebellious" is not the same as violent https://www.dictionary.com/browse/rebellious?s=t
  • #1,424
  • Jun 16, 2020 6:26am Jun 16, 2020 6:26am
Quoting p3yd5
{quote} Well, there are numerous history examples involving rebellious mobs|crowds winning and getting a better standard of living What about American Revolution ? Specifically Boston Tea Party episode https://en.wikipedia.org/wiki/Boston_Tea_Party ? It took some time but eventually it worked out, didn't it? Then Czechoslovakia Velvet Revolution 1991 Then Georgia Rose Resolution 2003... Opposite is also true - look at Haiti or numerous Chinese rebellions, especially in XIX-beginning XX century which fractured their country......

I've been talking about "cultural revolutions" specifically... the closest to you geographically and time-wise is the Iranian one in 1980-83... https://en.wikipedia.org/wiki/Iranian_Cultural_Revolution you can make your own conclusion whether it made any good for their people and society... the rest of your examples are apparently related to changes in political systems or a part of the "decolonization" process... that's a different story but also not without consequences... for example, former Georgian president and the leader of that "Rose Revolution" was later overthrown, prosecuted and had fled the country, which economically is in a "deep stuff" overall at the moment... but again, it's quite a different story...
  • #1,425
  • Jun 16, 2020 8:24am Jun 16, 2020 8:24am
Quoting Igrok
I've been talking about "cultural revolutions" specifically...
Ok, so we are talking about "cultural revolutions" where "angry rebellious mobs of any kind, flooding the streets of any state, had been capable of making some positive changes for the country's economy" ?
I think it is even easier to find examples of such occurences, albeit I admit they are fewer and far between than those which involved "negative changes for country's economy":
- since in the Middle Ages the "culture" mainly meant religion, the XVI-XVII century Reformation gives plenty of examples: whole European countries gained independence on pretext of breaking free from old "culture"/religion into new "culture" and new religion, and gained economically, such as Netherlands. It was also a violent one.
- I have to repeat the Czechoslovakia 1991 example here as well because it involved ideology change, and ideology is part of culture. Non-violent.
- Japan Meiji revolution/restoration 1868 - not a lot of angry rebellious mobs on the streets but it did happen https://sites.fas.harvard.edu/~rijs/crrp/papers/pdf/Vlastos_031909.pdf Amazingly, the Japanese elite of late XIX century actually did something for the poor people, such as reduce taxes - one of rare examples throughout history
As for Iran - the cultural White Revolution, the one of last Shah, actually did wonders for the country's economy https://en.wikipedia.org/wiki/Mohammad_Reza_Pahlavi#Economy albeit it did involve a lot of rebellious mobs on the opposite side
But I hope You do agree that Shah's White Revolution did have its supporters - otherwise he would not be able to carry it out just by himself - they were not partaking in an angry rebellious mob though...
  • #1,426
  • Jun 16, 2020 9:05am Jun 16, 2020 9:05am
Quoting p3yd5
{quote} Ok, so we are talking about "cultural revolutions" where "angry rebellious mobs of any kind, flooding the streets of any state, had been capable of making some positive changes for the country's economy" ? I think it is even easier to find examples of such occurences, albeit I admit they are fewer and far between than those which involved "negative changes for country's economy": - since in the Middle Ages the "culture" mainly meant religion, the XVI-XVII century Reformation gives plenty of examples: whole European countries gained independence...
for years I used to tell my American friends that I'm feeling myself like some sort of a "time traveler" because "I was born and raised in their own future" and don't like going back to it together with them once again...))) no one seemed to be able to catch the idea and understand what the hell I've been talking about... they will see it quite soon... ))
  • #1,427
  • Edited 9:48am Jun 17, 2020 2:49am | Edited 9:48am
Here is an automated translation of an abstract from the article written by some Russian/Ukrainian political analyst Rostislav Ischenko that explains the danger of the current political situation. I did not edit it. Though the whole idea should be obvious.

"The very fact of the transition to violence testified to the critical weakness of the system, unable to ensure the attractiveness of its "bright future" for all mankind. It is not surprising that, having got involved in the promotion of left-liberal ideas around the world, globalists ineptly wasted resources and began to lose support in their own base - in the West (in the USA and Western Europe). It turned out that they are beginning to lose fair elections everywhere. And the growth of the popularity of conservative forces was so explosive that it became clear that before the absolute world-historical defeat of the left-liberal globalists, one or two electoral cycles remained.
They were especially afraid of the re-election of Donald Trump for a second term. His re-presidency would destroy the globalists' version of the accidental clouding of the minds of American voters and demonstrate a clear tendency to support conservative politicians. In the second Trump term, globalists would lose control of American political structures. This would give a strong impetus to the European conservatives, and the political landscape of Western Europe would also critically change.
Left-liberal globalists are no different from traditional leftists. They so believe in the super-value of their ideas that they are ready to kill for the sake of their triumph by millions and destroy not only foreign states, but also their own. To prevent Trump's second term, they unleashed a color rebellion in the United States. This rebellion successfully slipped through the stage of the traditional "Maidan", immediately passing into the phase of a nationwide coup with a serious power component and with a rapid flow into a state of civil war.
Since the danger threatened globalists not only in the USA, but also in Europe, the putsch quickly spread across the ocean, covering Great Britain, France, Germany, Belgium. Globalists are trying to maintain control of the united West (as a bridgehead to world domination) even at the cost of a destructive civil war in the West itself. Like all leftists, they believe that their seizure of power justifies any sacrifice.
Globalists will try to rekindle the fire of civil conflict in other countries. They need the whole world. They imagine themselves to be "demiurges" and make a world revolution. Practice and experience show that in countries where globalists do not have such a strong support as in the USA (where up to half of the entire population supports them), they rely on an alliance with any marginal social forces (communists, nationalists, social democrats, anarchists, fascists) - with anyone, if only against the conservative traditionalist government. Moreover, they always try to bring representatives of diametrically opposing political forces to protest side by side to show that people are tired of everything the authorities represent and “all the people” are against it. Although in reality, diverse marginal parties and groups trying to represent "all the people" can together total 100-200 thousand people.
In fact, today only two ideologies are in demand in the world. Left-liberal revolutionary globalists are fighting the right-wing traditionalist counter-revolutionary conservatives. The latter strive to maintain the stability of our world. The former want to destroy it to the ground at any cost, then to build something new, considering this new as a universal recipe for the happiness of all mankind.
Personally, you can consider yourself a communist, liberal, nationalist, anarchist, anyone, but in this confrontation you will still find yourself on someone's side. If you are for order and stability, then, if you are at least three times a communist in your soul, you are a counter-revolutionary traditionalist conservative. If you are for revolution, for minority rights, and you are "tired of power", then you are a left-liberal globalist revolutionary, even if you consider yourself a terrible right-wing radical nationalist.
It’s like after October 1917 in Russia. There were many political movements on the ruins of the empire, but the Reds and the Whites fought with each other, and the rest were either with one or the other. They could have changed sides, but did not go beyond the boundaries of the dichotomy (for the red or the white).
Unlike previous revolutions, the current confrontation is dangerous because it is truly global. If the left-liberal revolutionaries can create a truly global rebellion, then after the end of the first global civil war (no matter whose victory it ends), there may be no resources left to restore civilization. Therefore, meaningful, not emotional choice of everyone is important."

So, it's no longer about the economy only. The political risks have become enormous by now. To me it seems quite apparent that the markets will go down the drain in any case and regardless of who is going to win eventually but only because of the sheer fact of such a confrontational occurrence. Though it's been clear all along simply based on the charts reading.
  • #1,428
  • Edited 3:59am Jun 17, 2020 3:31am | Edited 3:59am
this interpretation correct in every word Igor?

https://www.conservapedia.com/Yuri_Bezmenov
  • #1,429
  • Jun 17, 2020 3:35am Jun 17, 2020 3:35am
Quoting eFFx168
is this interpretation correct in every word? https://www.conservapedia.com/Yuri_Bezmenov
yep... makes sense...
  • #1,430
  • Jun 19, 2020 9:19am Jun 19, 2020 9:19am
HI IGROK,
Last time u gave post one picture about future of world where three 3 leaders trump, xi and putin sitting together and u also said world will be divided into 3 or 4 clubs. But in the last 2 pages ur thought suddenly changed about US and especially trump. IS this bcoz of the recent clashes.
Also what do u think of role played by china and George soros in the recent clashes. Many of my friend told me that these 2 are the main reason behind all recent problems in US.
  • #1,431
  • Jun 19, 2020 1:49pm Jun 19, 2020 1:49pm
Hi Igrok. What do you think, maybe this is Diamond in the USD/RUB? I can’t determine to what level it will work? 72 ..? 74 ..? Or maybe higher? What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: USD_RUB_EXANTE-Hour1-20200619-21-41-31.png Size: 95 KB
  • #1,432
  • Edited 2:11pm Jun 20, 2020 12:56am | Edited 2:11pm
Quoting gouravcm
HI IGROK, Last time u gave post one picture about future of world where three 3 leaders trump, xi and putin sitting together and u also said world will be divided into 3 or 4 clubs. But in the last 2 pages ur thought suddenly changed about US and especially trump. IS this bcoz of the recent clashes. Also what do u think of role played by china and George soros in the recent clashes. Many of my friend told me that these 2 are the main reason behind all recent problems in US.
that's quite a complex issue you want me to discuss... I'm afraid that I might be even banned by FF for expressing here my views because of violating some of their rules, whatever they are...)

well, I will try to do my best to share my personal opinion without crossing the red lines... so, here and now we actually have two major problems to deal with... one is the world economy and another one is the world politics... they are tightly connected to each other, but let's consider them separately for the sake of simplicity...
the economic situation is quite clear... there is a structural crisis going on now... current capitalistic consumption based model is no longer capable of functioning... there should be something new developed to replace it... therefore, regardless of anything else like ongoing COVID19 pandemic or possible "global civil war", the markets are doomed and the world will never be the same again after it...

however, politically the world is being split in two antagonistic parts: liberal globalists (representing financial capital) are fighting with conservatives (representing production capital) over the control of the remaining resources… Soros is the front man of the globalists, Trump represents the conservative part… because the globalists cannot afford him being reelected for the second term, they have instigated some civil unrest in the US and over the world using BLM, Antifa and other radical groups and movements as a weapon against Trump and the supporters of the conservative ideology locally and abroad… it’s important to understand the difference between those two parts… here is another abstract from Rostislav Ischenko’s article on the issue that saves me time and efforts of explaining the obvious:

“All ideologies are similar, but left-wing ideologies have one fundamental difference from right-wing ones. Right - conservatives, traditionalists. They strive to preserve the foundations of the existing society and state. Therefore, they are focused on protecting the interests of the state and people. They are close to nationalists, but ordinary right-wingers (conservatives) consider the people to be representatives of all nations that inhabit this state and adhere to its traditions. Nationalists, on the other hand, are trying to bring the nation out as a kind of absolutely pure substrate, constantly burning on it, because there are no absolutely pure representatives of any existing nation.
The logic of the right-wing conservatives was ideally formulated by the ancient Chinese (who by that time had been influenced by the patriarchal-traditionalist ideology of Confucius for several hundred years): “A barbarian living like a Khan is a Khan. A Hanseatic who lives like a barbarian is a barbarian. ” That is, no matter who you are by origin, it is important what culture of society has become yours.
Thus, right-wing conservatism separates its society from the rest and puts forward conditions that determine its membership in this society. But it does not deny the right of other societies to exist in the form that is dictated by their culture and traditions.
Left movements differ from right movements as they want to make the whole world happy. It always seems to the left that they know a universal recipe for happiness for all peoples. Hence the cruelty of all left-wing revolutions - from liberal-bourgeois to social-democratic and communist (proletarian). By the way, Hitler's national socialism also positioned itself as a left-wing revolutionary movement (it limited humanity only to Aryans though). If you know that you have a universal recipe for happiness in your hands, then it’s easy for you to come to the conclusion that absolutely everyone who disagrees with you is the enemy of not one people, but of all mankind, and the sooner they are destroyed, the best it will be to everyone.
Indeed, having the recipe for building a universal (hitherto unprecedented) welfare society, it is necessary to clear the site for this new society. Old social structures interfere even if they do not resist, even if they welcome the new. Therefore, they must be destroyed. But, as soon as society understands that revolutionaries have come not to improve, but to destroy the existing for the sake of some hypothetical "better world", it begins to resist and a civil war breaks out.
Even if the leftists win in the civil war (which happens quite often in the last three hundred years), they still fail on the ideological front. For the victory itself in a civil war is given to them only if they accept the need to integrate their ideas into the existing social structure. And then for several years or several decades, society grinds ideas and returns to its normal state (although at the cost of great human and material losses). If the left completely refuses to compromise, then they are defeated in the civil war. Since sooner or later they are alone against everyone. Every person and every social group may not like something in society, and he would like to change something. But not at the cost of destroying the whole society, the usual way of life, changing traditions, abandoning the faith of ancestors, etc.”

so, this is what the world and all of us are facing at the moment... if Trump wins then the leaders and US, China, Russia and India will sit together to discuss what to do next... though at this moment it looks less and less probable because of the globalists who by definition don't care about national states and their sovereignty... they are capable of distraction of any of them including the US... they want the whole world and are not afraid of instigating a global civil war and worldwide havoc by totally wrecking all the countries in the process...

https://www.youtube.com/watch?v=etGEs2vG1Zk
  • #1,433
  • Jun 20, 2020 12:58am Jun 20, 2020 12:58am
Quoting Stas73
Hi Igrok. What do you think, maybe this is Diamond in the USD/RUB? I can’t determine to what level it will work? 72 ..? 74 ..? Or maybe higher? What do you think? {image}
I already mentioned numerous times that I don't like intraday diamonds because of their high failure rate...
  • #1,434
  • Jun 20, 2020 4:51pm Jun 20, 2020 4:51pm
Hi Igor,

what do you think about the Covid. It is pretty clear that the biological/medical risks that it poses are exaggerated by the interested players by a few orders of magnitude, and the measures they have taken to address this imaginary threat (such as economy shutdowns, forced home arrests of the entire populations of the most of the world's nations, etc.).

It is also pretty clear no one wants to end this spectacle any time soon. Now they are planing the second wave (viral infection in the middle of the summer when the sun shines bright!).

Who do you think organized it? What are the goals? And what are the connections with the cultural revolution that you see coming/already going on?
  • #1,435
  • Edited 1:37am Jun 21, 2020 1:15am | Edited 1:37am
Quoting saqotito
Hi Igor, what do you think about the Covid. It is pretty clear that the biological/medical risks that it poses are exaggerated by the interested players by a few orders of magnitude, and the measures they have taken to address this imaginary threat (such as economy shutdowns, forced home arrests of the entire populations of the most of the world's nations, etc.). It is also pretty clear no one wants to end this spectacle any time soon. Now they are planing the second wave (viral infection in the middle of the summer when the sun shines bright!)....

1. Covid is real. Most likely it appeared from natural sources. It's a deadly virus with relatively high mortality rate especially among those with preexisting conditions.
2. Sweden experience confirms that the quarantine measures actually work in terms of preventing the spread of the virus, as they did almost nothing about it and have gotten the highest mortality rate in the world as a result.
3. Initial reaction of the governments around the world was quite emotional. Politicians got scared of the pandemic. They had to pretend and to demonstrate that "public health interests" are above everything else, including the economy. Also a "Hanlon's razor" case example at its best.
4. Over the course of the events it became clear that there are some parties that have actually benefited from the pandemic. Some of the most apparent beneficiaries are:
- WHO - bureaucratic, ineffective and corrupt organization which top management's priority is always to receive as much funding as possible. They are also known for being regularly bribed by the pharmaceutical companies;
- Pharmaceutical companies themselves by receiving access to almost unlimited amounts of money for their anti-covid drugs research and vaccine development;
- The governments of many states that have gotten a chance to divert the blame from their ineffective economic and political decisions to a "force majeure" event such as the pandemic. Also because by that time they already realized that the world has already entered a global systemic crisis and didn't want to be held responsible for what they cannot actually control;
- Chinese leader Xi Jinping, his supporters and his government as they have effectively suppressed Chines internal pro-liberal, pro-globalist and pro-American opposition. They had tested their military and police response in case of national emergency of any kind, have developed and successfully tested new technologies to trace and control their country's population.
- Liberal globalists and anti-Trumpists from around the world as for them this is an opportunity to prevent Trump from being reelected and the international conservative forces to win the ideological war against them. They are driven by the thesis that "the worse is the better" under any current circumstance. I already explained it above.
- Trump himself, as it appears that for him covid has presented an opportunity to take Fed under governmental control and to make it a "subdivision" of the Ministry of Finance;
- There are also some other beneficiaries. Though, several of them, like Amazon for example, have obviously benefited just because of the nature of their business model. At the same time some other "suspected beneficiaries" are kind of "conspiracy theory" actors and we can only speculate about their true goals and intentions.
  • #1,436
  • Jun 21, 2020 2:01am Jun 21, 2020 2:01am
Quoting Igrok
2. Sweden experience confirms that the quarantine measures actually work in terms of preventing the spread of the virus, as they did almost nothing about it and have gotten the highest mortality rate in the world as a result. .
As of 20 June, Sweden has the 7th highest death rate per capita in the world, or, if we exclude Andorra and San Marino, it's 5th highest
https://www.worldometers.info/coronavirus/#countries
Also, Spanish death rate despite strictest and one of the longest lockdown in Europe, is 20% higher than Swedish.
What are Your data sources, I wonder?
  • #1,437
  • Jun 21, 2020 2:05am Jun 21, 2020 2:05am
Quoting p3yd5
{quote} As of 20 June, Sweden has the 7th highest death rate per capita in the world, or, if we exclude Andorra and San Marino, it's 5th highest https://www.worldometers.info/coronavirus/#countries Also, Spanish death rate despite strictest and one of the longest lockdown in Europe, is 20% higher than Swedish. What are Your data sources, I wonder?
https://www.worldometers.info/coronavirus/country/sweden/

https://www.dailymail.co.uk/news/article-8369241/Sweden-highest-death-rate-capita-country-world-week-data-shows.html

https://www.telegraph.co.uk/news/2020/05/20/sweden-becomes-country-highest-coronavirus-death-rate-per-capita/

https://www.thesun.co.uk/news/11741095/sweden-coronavirus-weekly-deaths-per-capita/

https://ourworldindata.org/coronavirus/country/sweden?country=~SWE
  • #1,438
  • Jun 21, 2020 2:10am Jun 21, 2020 2:10am
Quoting Igrok
{quote} 1. Covid is real. Most likely it appeared from natural sources. It's a deadly virus with relatively high mortality rate especially among those with preexisting conditions. 2. Sweden experience confirms that the quarantine measures actually work in terms of preventing the spread of the virus, as they did almost nothing about it and have gotten the highest mortality rate in the world as a result. 3. Initial reaction of the governments around the world was quite emotional. Politicians got scared of the pandemic. They had to pretend and to demonstrate...
Let's add the US CDC to the list, including fake fauci. Fauci has flip flopped on several things and has zero credibility. He is a know front for the pharmaceutical companies as was easily shown when he celebrated Remdesivir when it did nothing to lower the mortality rate of covid patients in the hospital after for months trashing the malaria drug taken with zinc that keeps people out of the hospital to begin with. Instead, he, and CNN, WHO, UN, CDC, etc, etc continue saying tests of patients taking the malaria drug are not helped by it...they always leave zinc out of the testing so the malaria drug looks bad. They're purposefully killing people by telling them it doesn't work while purposefully misleading people by stating remdesivir works. remdesivir does nothing to lower the mortality rate, but it costs a lot more than the malaria drug and zinc.
The US Fed is an offshore corporation. The only thing the US president can do is hire a fed head. He cannot and does not control the Fed. In fact, the Fed now owns a great percentage of the bonds of US companies. Should the stock markets crash again the Fed will own US stocks. The US does not have a "Ministry of Finance".
Covid, in the US now has a lower mortality rate than the common flu. 0.29%. In fact, vaccine trials are being cancelled because there are not enough people in the US getting the virus and going to the hospital. (Even Costa Rica only has around 35 hospitalizations per day.)

Everything that's going on is to try to stop trump from getting re-elected. This has happened to Republican presidents up for re-election since 1968. It's very sad that leftists have to cry like 3 year olds and destroy black owned businesses and housing to try to get their person elected. In fact, the latest rasmussen poll shows 40% of Black Americans and 45% of Hispanic Americans who 'are likely to vote' say they will vote for Trump. The highest number of Black Americans to ever vote for an R for pres is 12%.
Everything blm, antifa, the extreme media, leftist mayors and governors are doing is working against them.
  • #1,439
  • Edited 2:37am Jun 21, 2020 2:17am | Edited 2:37am
Quoting CashBox
{quote} Let's add the US CDC to the list, including fake fauci. Fauci has flip flopped on several things and has zero credibility. He is a know front for the pharmaceutical companies as was easily shown when he celebrated Remdesivir when it did nothing to lower the mortality rate of covid patients in the hospital after for months trashing the malaria drug taken with zinc that keeps people out of the hospital to begin with. Instead, he, and CNN, WHO, UN, CDC, etc, etc continue saying tests of patients taking the malaria drug are not helped by it...they...
I agree with most of what you have just added here. It actually corresponds well with what I posted.

In regards to the "US Ministry of Finance" that is actually called "United States Department of Treasury" I just used the definition that is better known for the FF participants from different countries around the world. As a radio host here is Russia I have to use this term for my audience to understand what I'm actually talking about.

https://www.cnbc.com/2018/07/20/trump-poised-to-take-control-of-the-federal-reserve.html

https://www.wsj.com/articles/is-treasury-slowly-taking-over-the-federal-reserve-11587571884
  • #1,440
  • Jun 21, 2020 2:38am Jun 21, 2020 2:38am
Quoting Igrok
https://www.worldometers.info/coronavirus/country/sweden/
Ok this is the one I use but this page does not show comparison, the link I supplied does.
Quoting Igrok
https://www.dailymail.co.uk/news/article-8369241/Sweden-highest-death-rate-capita-country-world-week-data-shows.html https://www.telegraph.co.uk/news/2020/05/20/sweden-becomes-country-highest-coronavirus-death-rate-per-capita/ https://www.thesun.co.uk/news/11741095/sweden-coronavirus-weekly-deaths-per-capita/
British MSM drivelists extraordinaire, par excellence,
Quoting Igrok
https://ourworldindata.org/coronavirus/country/sweden?country=~SWE
Lapdog of American MSM and universidados marxistos in US and UK , it says so on their main page.
But let's assume for 2 min that they are all honest and thustworthy. However, they say absolutely nothing about scandalous Spanish death rate 20% higher than Swedish, during strictest lockdown, which is quite suspicious, isn't it?
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