WARNING! Contagion, Financial Meltdown, Global Economic Collapse NOW! By Gregory Mannarino

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Hey Man Why Would You Care? OpCon2022: Huge Military Convoys In Texas, California, Oregon and Old Tennessee Walmart

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Wall Street Black Swan: Coming Soon

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TRUTH – THE CURE FOR COGNITIVE DISSONANCE

“In a time of deceit telling the truth is a revolutionary act.” ― George Orwell
1

Every time the BLS puts out their monthly propaganda report on the wonderful state of the U.S. jobs market and states with a straight face the unemployment rate is a measly 5.5%, their corporate mouthpieces in the mainstream cheerleader media regurgitate the fake numbers and urge you to buy stocks. The millionaire talking heads on CNBC and the corrupt bought off politicians in D.C. make broad sweeping declarations about economic recovery, strong job growth, GDP advancement, record highs in the stock market, and soaring consumer confidence.

The people living in the real world know otherwise, but they want to believe the “experts” and “leaders”. This dichotomy between reality and what they are being told is causing a tremendous amount of mental stress. This cognitive dissonance of attempting to reconcile what they are experiencing in their every day existence and the propaganda being peddled at them on a daily basis from big media, big bankers, corporate titans, and captured politicians pulling the strings and running the show, is causing psychological discomfort. Most people want their lives to get better, so to reduce their cognitive dissonance they choose to believe the government and media reports about economic improvement.

It is only a small minority who want to know the unvarnished truth. They are drawn to alternative media websites, which the the captured corporate media refers to as doom sites. These critical thinking individuals understand the facts. The Deep State propaganda has no impact on these people because they have no cognitive dissonance. They know things are far worse than what is reported by the government and their media whores. Knowing the truth and seeing how the majority remain willfully ignorant results in rising anger among truth seekers. Huxley was right.

“You shall know the truth and the truth shall make you mad.” ― Aldous Huxley

When the BLS reports their monthly unemployment BS showing a 5.5% unemployment rate and Obama holds a press conference to pat himself on the back for the 10 million jobs he has created since 2009, the critical thinking truth seekers focus on the big lies in the numbers. The 10 million jobs added has been surpassed by the 13 million people who supposedly willingly left the workforce. The 148 million employed Americans is only 2 million more than were employed in 2008, but the government wants you to believe the unemployment rate is the same as it was in 2008 despite the fact the working age population has grown by 16 million people.

The truth is the labor participation rate has fallen dramatically since 2008 and now sits at a 38 year low of 62.7%. The rate consistently remained between 66% and 67% from 1988 through 2008. There are 250 million working age Americans and only 148 million Americans working and the powers that be expect you to believe only 8.5 million of the 102 million non-working Americans are actually unemployed. When the critical thinking doom websites point out the record low participation rate, the immediate response from the Wall Street propaganda machine is Baby Boomers retiring. Their co-conspirators in misdirection and misinformation in the media unquestioningly perpetuate this lie without an iota of journalistic credibility.

The Boomer retirement meme is obliterated by the data in the chart below. The labor force participation rate of those over 65 is at an all-time high and has grown by over 50% since 2000. Those in their prime working years between 25 and 64 have seen their labor force participation rate decline since 2000. The labor force participation rate decline has absolutely nothing to do with Boomers retiring. It is solely driven by younger workers unable or unwilling to work. The truthful labor participation rate should be 66%. That would force the BLS to admit at least another 9 million Americans are unemployed, pushing the unemployment rate to at least 10.7%.

2

The blatant perpetuation of the big lie began in earnest after the 2008 Wall Street created financial crisis. The number of jobs for those 54 years old and younger is still 1.2 million below 2007, while the number of jobs for those 55 and older is up by 6 million. Those over 55 working today stands at 33.1 million, an all-time high. This figure has doubled since 2000. The Boomer dream of a long luxurious retirement, living off their interest income, lying on a beach and drinking pina coladas has devolved into being forced to work as Wal-Mart greeters and McDonalds counter help until they die. Retirement isn’t an option after two Federal Reserve created bubbles burst, six years of zero interest rates, and three simultaneous bubbles on the verge of bursting.

3

The falsity of the jobs recovery meme is unequivocally proven by the fact real median household income is still 4.5% lower than it was at the 2001 and 2008 peaks. And this is using the ridiculously understated CPI figure. Using a true inflation rate would show real median household income to be 20% below 2000 levels. The last time I checked, workers live in households. How could the unemployment rate plunge from 10% in 2009 to 5.5% today with real median household income falling? Maybe the 21% decrease in manufacturing jobs since 2000 and the proliferation of low paying part-time service jobs, along with Federal Reserve created inflation, have resulted in the death of the middle class. Real people living in the real world have seen their standard of living steadily decline for the last 25 years. And they know it, deep inside, despite the propaganda echoing from their boob tubes.

4

There is a reason retail sales continue to stagnate. There is a reason credit card debt continues to decline. There is a reason you don’t hear your friends, family or neighbors talk about the improving economy. If you don’t hob nob with the ruling elite at Manhattan cocktail parties or summer at the Hamptons, you know the truth. Your real wages are lower than they were in 1989. The expenses you incur to live your everyday life like food, rent, transportation, health insurance, and tuition are rising at 5% to 10%, not the 1.7% reported by your government keepers. You own little or no financial stocks, so the record stock market highs have no impact on your financial well being. You may have money in a savings account, money market or CDs. Eight years ago you could earn 5%. Today you earn .15%, thanks to Bernanke, Yellen and their Federal Reserve cohorts. But at least you still get to pay the Wall Street banks 15% on your credit card balance.

The only way to relieve the tremendous mental stress caused by the conflict between what you know you are experiencing in your everyday life and what you are being told by bankers, politicians, government apparatchiks, and the corporate media, is to accept the truth and free yourself from the tyranny of the Deep State. Propaganda is a powerful tool in the hands of rich powerful psychopathic men bent on accumulating wealth, power and control over the bourgeois. Secrecy, censorship, data manipulation, and media messaging to mislead have worked for decades. Very little in the way of coercive techniques have been required, as the Bernays method of conscious and intelligent manipulation of the organized habits and opinions of the masses has worked wonderfully to hoodwink and bamboozle the average person.

The mood of society in general continues to darken. War drums are beating around the globe. The imperial American Empire is fraying at the edges and using military force, intrigue, surveillance, and secrecy in an attempt to retain its power domestically and internationally. The truth is being suppressed, but the internet and proliferation of websites revealing the lies of those in power is slowly opening the eyes of more and more people whose cognitive dissonance has caused them too much discomfort. The Deep State is worried. Their wealth, power and control are in danger. The attempts to control the internet, the un-Constitutional surveillance of citizens, and the militarization of police forces across the land are a futile attempt to control us. But the truth will set us free. As Robert Heinlein describes, no amount of force can control a man who mind is free.

“Secrecy is the keystone to all tyranny. Not force, but secrecy and censorship. When any government or church for that matter, undertakes to say to its subjects, “This you may not read, this you must not know,” the end result is tyranny and oppression, no matter how holy the motives. Mighty little force is needed to control a man who has been hoodwinked in this fashion; contrariwise, no amount of force can control a free man, whose mind is free. No, not the rack nor the atomic bomb, not anything. You can’t conquer a free man; the most you can do is kill him.” – Robert A. Heinlein

It won’t take a majority to prevail. If we continue to set brush fires of truth, freedom and reason among the increasingly disillusioned masses, a tipping point will be reached and a revolution of truth will sweep across the land. So, if you have the opportunity to speak the truth to someone today….

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Janet Yellen Fed Comments to End the World

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BREAKING: Fed Actions Signal Economy Worse Than Expected

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How much time will it take to clear the inventory of distressed properties?

“The number of months it will take to clear that distressed inventory from the market is on the rise”, according to the latest report from Morningstar Credit Ratings, and reported by DS News just last week. “It will take 49 months to work through the private-label RMBS sector’s distressed inventory given current market dynamics, Morningstar forecasts, as as high as 61 months in judicial states, where it takes longer for the foreclosure to work through the legal system. There are roughly 891,000 distressed properties more than 90 days in default. House Over Cliff

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Will The Death Of The Dollar Lead To The Birth Of A New World Economic Order?

There is no getting around it. The U.S. dollar is dying. U.S. government debt continues to grow at a very frightening pace and the Federal Reserve is now buying up most of the new debt that is being issued. At this point there is simply not enough money in the rest of the world to continue to feed the U.S. government’s endless thirst for more debt so the Federal Reserve has had to directly intervene in order to keep the Ponzi scheme going. Other nations are rapidly losing faith in the U.S. dollar as they realize that there is simply no way that the U.S. government will be able to service this soaring debt for much longer. Even now we are watching the U.S. dollar rapidly fall against a vast array of hard assets. Virtually all major agricultural commodities have exploded in price over the past year, the price of gold is over $1400 an ounce again and last week U.S. crude oil prices topped $110.64 a barrel for the first time since 2008. Meanwhile, the Federal Reserve continues to print dollars as if there is no tomorrow and the U.S. government continues to spend dollars as if the party is never going to end. Yes, we are most definitely witnessing the death of the dollar.
us crises
As a result of the decline of the dollar, U.S. consumers are really starting to see some substantial inflation at the supermarket and at the gas pump. In fact, the average price of gasoline in the United States increased 14 cents to $3.43 a gallon in just the past 2 weeks, and more increases are expected in the weeks ahead.
Unfortunately, most Americans still don’t understand that the monstrous debt that the U.S. government has accumulated has us on a road that is going to lead to economic ruin. The Rest Of The Story Here

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Insider memo reveals US unemployment rate exceeding 37 percent; ‘Misery Index’ worst in 30 years

by: Ethan A. Huff
NaturalNews.com
Wednesday, March 05, 2014

Nearly everything that the federal government has been saying about unemployment, inflation and the current state of the U.S. economy is a fraud, reveals an insider memo recently generated by a prominent Wall Street advisor. As reported by the Washington Examiner, calculations made using legitimate data show that actual unemployment has now exceeded 37 percent, and that the so-called “Misery Index” (MI) is at the highest level in about 30 years.

This runs completely counter to all those glowing reports coming out of Washington, which would have us all believe that unemployment is low and things are improving. To the contrary, David John Marotta says the unemployment rate is realistically more than 600 percent higher than what the federal government claims. The economy in terms of MI is also the worst that it’s been since the early 1980s when President Reagan took office — MI reached a peak of 20.76 back in 1980, at the tail end of the Carter administration.

“Unemployment in its truest definition, meaning the portion of people who do not have any job, is 37.2 percent,” says Marotta. “This number obviously includes some people who are not or never plan to seek employment. But it does describe how many people are not able to, do not want to or cannot find a way to work.” The Rest Of The Story Here

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US stock market-to-GDP ratio favored by Warren Buffett points to imminent 50% crash

Posted on 18 February 2014 with no comments from readers

Whenever the Sage of Omaha is pushed on how he judges whether the US stock market is trading too high or too low he refers to the ratio between the value of US stocks and GDP as a reliable guage of where the market stands.

Analyst Doug Short has a version of the ‘Warren Buffett Indicator’ which uses the value of the Wilshire 5,000, a very broad index. It shows that stocks are more expensive than they were before the 2008 crash and almost as expensive as they were before the dot-com crash in 2000.

50% crash

Warren Buffett is not exactly shouting it from the roof tops but his favorite indicator is pointing to an imminent 50 per cent crash in US stocks. The main indexes are all far too high. You don’t need to be a genius like Warren Buffett to see it.

Just consider the 30 per cent advance in the S&P 500 Index last year and the gain of around one tenth of that in US GDP. The overlay of 1928-9 on the current chart of the Dow Jones is compelling:

Again we appear to be on the precipice of a huge drop in the stock market, with a massive downside. Yet that would only wipe out the gains of the past two years. Given that they appear abnormal in the context of lack lustre US economic growth would this really be so remarkable?

Price spike

Besides we know from long experience of charts in financial markets that the price spike we saw last year is entirely consistent with a market top. The sharp New Year sell-off followed by a brief but unconvincing dead-cat bounce back to the old high is also a classic market topping formation after a long rally.

Where’s the change in economic circumstances since January to justify this turnaround? There is none. Indeed there has been a lot of bad weather that will worsen the data for Q1.

Data today showed manufacturing in New York, northern New Jersey and southern Connecticut slowed this month. The Federal Reserve Bank of New York’s general economic index fell to 4.48 in February from 12.5 in January. Economists in a Bloomberg News survey predicted the index would decline to 8.5.

And who’s the only major investor still sat on a huge pile of cash? Why good old Warren Buffett of course who will be on hand to buy bargains when this crash happens…

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