CNBC reported, “Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase.” The story said, “A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades on dozens of U.S. banks that could even include the likes of JPMorgan Chase.
Banking, energy, climate, immigration, grooming. The number of disasters Xiden/Soetoro are overseeing makes one wonder if they are doing this on purpose. Fuck Joe Biden. MAGA.
Like the stolen election, having as many failing, evil issues you cite grating on our society at once is beyond statistical chance. It is Obama's "transformation of America". Every step is intentional.
The election of Trump in 2016 scared them so much, that they stopped at nothing to steal 2020. Then, they quadrupled their efforts to inflict destruction of everything that makes America great. They had to assume they would only have the four years of Biden to get it done. Well? They've made progress at breakneck speed. I imagine the term will end with the full collapse of the banking system with pocket money replaced with digital currency. They will have achieved full control - and full destruction (like the Mingo tribe) by then.
I believe they are doing this on purpose for their own personal benefits, but I also believe they have no idea of the magnitude of the disaster they have set in motion. The fall of the USA will unleash consequences way beyond the fall of Rome.
I reserve the right to be wrong. I hope I am, but I worry I’m not...(note to self - stop with the black pilling so close to the start of the day)
I believe it is their plan to enslave us. By making money valueless at a point when they have cemented their control and starting a war to gain extraordinary powers and divert our attention to survival, they believe they will be able to retain control and reduce the population to a "manageable" level. But take a look at Revelation 6:1-17 and be comforted.
What they're "doing" is purposeful--the purpose being control and power--because they can, for the momentary thrill, the fleeting sensation, the catharsis of "doing" it to you. As woke-prog-lefties have no clue about the consequences, none of this is planned or coordinated with specificity. The result is chaos--the more the better. No "smarts" are involved in destroying what exists.
Conservatives give the woke-prog-left too much credit for having a design on what comes next. They haven't a clue.
It takes talent to build a civilization. And its destruction the result of civil strife, plunder, pillage, decadence, alienation, urban decay, invasion, cultural-political-institutional collapse, epidemic, war...did I miss any of our symptoms...
Yes, they are doing this on purpose. Why? Because they want to be able to say they brought God back to earth (Keeping to Satan's timeline). They won't because they CAN"T. Even The Bible says things will be close.
We have a problem with China read two different articles this AM the cooking of books, poor construction, and the real estate collapse. Has brought them to the brink. They may try war, but war is expensive. Paper Tiger. Joe &Son are about to lose their sugar daddy.
They are made-up silly government-type solutions to the real Issue the fact that thieves in DC and NYC are strip mining our personal wealth by debauching the ‘value’ of our paper fiat ‘money’ as fast as they can. Better buy a Kobalt wheelbarrow (on credit) to take your money to the Utotem for a bag of Fritos. Got gold?
They say the four most dangerous words in investing are “this time it’s different.” This time won’t be different...except for the scale of the coming collapse.
Oh, wait, I forgot - Joey Spongebrain is “in charge,” so everything will be fine. I feel so much better now.
Ah Don, very often, in the morning when I read your new column it reminds me of when I was a wee girl losing my baby teeth and when one was mid-way through falling out I would wiggle it as far as I could and it would 'hurt so good'.
Often I have the similar urge to laugh and cry simultaneously over your column.
All I can say to a possible global financial collapse is, I'm glad I'm at least hoarding incandescent lightbulbs. :-/
Dang, we have lots stored in the attic as well! Until just now, I hadn't realized they will be the new currency. Wonder how we're going to sew then into the hems of our coats? They're going to be pretty difficult to transport as we attempt to escape to wherever. Gee, I'm glad we're both as old as we are - won't have to watch this debacle many more years!
The polls are to prepare us for actual voting for the next election. If your Republican Congressman wears an eyepatch or hails from South Carolina, you are voting “nuke Moscow”.
Drat. I'm not the first to comment. Got up at 3:30 am. For the grief that I'm bearing, I'm having way too much fun. You guys are helping me. I LOVE YOU GUYS!! Amazing clarity today. Time for a nap. Later.
I don’t know the grief that comes with the loss of one’s mate. But what I do know of grief is we bear it in many different forms and really, however best we can. God bless and keep you as you walk the path of loss.
As goes with literally every single Democrat plan or policy, they ALWAYS end up with a host of “unintended consequences” that make matters far worse than the purported “problem” could have ever led to.
So much - if not all - of what has gone down in the last 3 years under this Adminstration has not gone according to plan, as they never bother to account for such, chief amongst all has been the pushback. Thus, their decision to create the most unlawful, undemocratic government run industrial-sized censorship/ spy program ever. But even that is being exposed and fought back against on an almost daily basis for its flagrant abuse of the Constitution.
The war in Ukraine’s unintended consequences, aligning Russia with China - and India, amongst others, was also, I believe, unforeseen. That has thrown quite the wrench in the works as Putin and Xi aren’t playing by “the rules”.
Their “open borders” plan has their own party squealing for it to stop as it’s crushing them under an unsustainable economic and human toll.
The insane push for a complete transition to “green” energy has also created enormous backlash, exposing it to be nothing more than one of a pure delusional fantasy, with devastating consequences for life on the planet.
This crushing of the banks appears to be a last ditch, desperate effort to control not only all the money in the entire banking system, but of each and every single American, thus total control over the people. The consequences of that plan will be riots, crime waves, and chaos in every city and town in America the likes of which this country has never seen.
They own and control the media, “the message”, their narrative, but, at their peril ignore the real world effects their pipe dreams unleash. Theirs is a “Let them eat cake” attitude which will only result in the storming of the Bastile, and all their “safe” places.
This will get very much uglier before it ever has a chance to get better.
That happens when you hire people who just want lifetime employment and pensions fit for a king.
I say:
Fire Buttplugpete for starters. I can't remember if the United States has EVER had more "Close-calls" at airports or fatal derailments that in the last three years. Buttplugpete has one concern and that is getting blown every day while (s)he is in office and like any homosexual, it doesn't matter by who. If Biden gets charged with treason, The United States would have a moral obligation to execute his corrupt ass and NONE of his cohorts would collect a penny in "Retirement."
As far as the saying "It's who you know, not what you know" I stand by my corrected version, ESPECIALLY NOW........It's how you blow who you know.
OK, I read it and I will say this. PuttplugPete is about as religious as Joe Biden and as full of shit (Literally). (S)he gives an opinion on everything, but says nothing of substance and that is dangerous. I'm sure buttplugPete stands by the old adage of the definition of insanity as does his boss:
"Keep doing the same thing and expect a different result." Honestly, I am surprised you would waste your time reading this crap.
Fair enough. Getting all these BS security clearances for government employees told me one thing very clearly long ago. The more you think you know someone, the less you really do.
I will also say this. I agree completely with knowing your enemy because what what they have done in the past is indicative of what they will do in the future. That is usually true, except In the sea of politics. Just look at an eel like George Stephanopoulos. He Knows the right thing to do, but money has long ago sold his soul.
Even if T pulls this off… and you so know I want to believe that’s gonna happen, how in the name of everything that’s Holy, are we going to fix this shit!
If you know anything about JP Morgan, then you know that he is quite possibly THE most corrupt human being ever. Although no one can prove he was responsible for the sinking of the Titanic, him canceling his first class tickets (for the Titanic voyage) at the last minute has always made me wonder how such an evil person could exist. One thing about history that you will never find is anyone saying something nice about JP Morgan.
Borrowers sure don’t. His bond indentures have NEVER been broken as far as I know. When you borrowed from JPM, the deal you agreed to was NEVER changed. Like the Warren Buffet of that era - except he didn’t need public shareholders for cover. When the US Government only had JPM to bail them out, the Politicians must have HATED him. Now the Pols own the Banks/Fed Reserve and they LOVE it.
“Obama mocked art history majors. Maybe one of them would have saved him from having his official portrait painted in crayon.”
I went to art school several decades ago. (Yes, conservative artists do exist.). I majored in graphic design and minored in late 19th century art history, primarily the Impressionists, so that comment made my day!
J. P Morgan loaned gold to the government and in gratitude FDR later banned private ownership of gold. You shall not covet ... anything that is your neighbor’s
If you read the financial history of the American colonies and then the USA, there have been many market booms and crashes going back to colonial times, all caused by similar problems: banks’ excessive credit creation during the boom, a realization like Wily Coyote at the top that you ran past the edge and then credit tightening, bank runs and crash! That’s why the Fed was formed, after Morgan and his associates bailed out the system in 1907. Of course, the Fed hasn’t fixed any of that and it can’t, but not just for the reasons you already know about. The reason is structural and baked into our economic system and barring any radical change to how we treat land, it will never change. But I don’t want to get into that.
What I will say is if the banking system looks tenuous,and there’s a whiff of panic, and there will be, there’s a 100+% chance that there will be a bailout by the government. It’s happened multiple times in the last 50 years and in fact going back before we were a nation. The losses are socialized, and the profits are privatized.
FWIW, Economic cycle theory and real estate cycle theory doesn’t predict a crash in our economy at the moment. Unless Biden succeeds in starting WW3 or they kill us off with a new more deadly virus, the economy will pick up steam through about 2026-2027 and then land /real estate prices will drop followed by the stock market.
It’s gonna be a big crash most likely. If there is a trillion dollar bailout that will only add to the end of cycle peak boom. Elections are coming in 2024. Schumer is already talking just this morning about how people can only remember back 6-8 months and the Dems will make sure the economy is booming by election time. I think there will be interest rate cuts so the banks can sell more loans. Nothing will be different this time. The sequence is right in schedule. Plan accordingly.
The banking system of each and every country has always been a house of cards. China is bankrupt, maybe more than US, but it’s all musical chairs. When the crash hits, it will be best to have commodities to trade or use. The best ones being guns and ammo.
China had their asses handed to them back in the 90's when they tried to float petro-dollars as a source of capital. China DOES have the world's largest reserves of oil, but I still don't think they have learned their lessons yet because there is nothing to indicate that they have. Having a junkie and whore chaser like Hunter Biden on your board of directors or Eric Swalwell (D-CA) and his ChiCom prostitute/girlfriend on your payroll does NOTHING to instill financial competence in 2023.
Tony, When our country is run by a guy you wouldn’t let drive a bumper car, a bag lady who is in charge of the treasury department and a senate run by one guy who looks and acts like the Joker ( Cesar Romero or Joaquin Phoenix), our country has some problems.
Banking, energy, climate, immigration, grooming. The number of disasters Xiden/Soetoro are overseeing makes one wonder if they are doing this on purpose. Fuck Joe Biden. MAGA.
Like the stolen election, having as many failing, evil issues you cite grating on our society at once is beyond statistical chance. It is Obama's "transformation of America". Every step is intentional.
The election of Trump in 2016 scared them so much, that they stopped at nothing to steal 2020. Then, they quadrupled their efforts to inflict destruction of everything that makes America great. They had to assume they would only have the four years of Biden to get it done. Well? They've made progress at breakneck speed. I imagine the term will end with the full collapse of the banking system with pocket money replaced with digital currency. They will have achieved full control - and full destruction (like the Mingo tribe) by then.
Biblical Revelations says the EXACT same thing.
Thanks for the reminder. I defer to the Bible to tell the rest of the story.
Be like the wise virgins.
🎯
I believe they are doing this on purpose for their own personal benefits, but I also believe they have no idea of the magnitude of the disaster they have set in motion. The fall of the USA will unleash consequences way beyond the fall of Rome.
I reserve the right to be wrong. I hope I am, but I worry I’m not...(note to self - stop with the black pilling so close to the start of the day)
I believe it is their plan to enslave us. By making money valueless at a point when they have cemented their control and starting a war to gain extraordinary powers and divert our attention to survival, they believe they will be able to retain control and reduce the population to a "manageable" level. But take a look at Revelation 6:1-17 and be comforted.
Hey, Sorry your money is now worthless. How about some of this newfangled CBDC? /s
But you can only spend it on OBEDIENCE.
Are they now going to roll them in now worthless dollar bills?
I too believe this is arson.
…more like “scorched earth”.
Joe walks as he does because the controller in his ass is malfunctioning,thinks it was a brain transplant by ozero.
That would be nice.
Thank you for not confusing our righteous battle cry with that insipid ''Let's Go Brandon!"
What they're "doing" is purposeful--the purpose being control and power--because they can, for the momentary thrill, the fleeting sensation, the catharsis of "doing" it to you. As woke-prog-lefties have no clue about the consequences, none of this is planned or coordinated with specificity. The result is chaos--the more the better. No "smarts" are involved in destroying what exists.
Conservatives give the woke-prog-left too much credit for having a design on what comes next. They haven't a clue.
It takes talent to build a civilization. And its destruction the result of civil strife, plunder, pillage, decadence, alienation, urban decay, invasion, cultural-political-institutional collapse, epidemic, war...did I miss any of our symptoms...
Yes, they are doing this on purpose. Why? Because they want to be able to say they brought God back to earth (Keeping to Satan's timeline). They won't because they CAN"T. Even The Bible says things will be close.
We have a problem with China read two different articles this AM the cooking of books, poor construction, and the real estate collapse. Has brought them to the brink. They may try war, but war is expensive. Paper Tiger. Joe &Son are about to lose their sugar daddy.
What kind of poll options are those?
They are made-up silly government-type solutions to the real Issue the fact that thieves in DC and NYC are strip mining our personal wealth by debauching the ‘value’ of our paper fiat ‘money’ as fast as they can. Better buy a Kobalt wheelbarrow (on credit) to take your money to the Utotem for a bag of Fritos. Got gold?
What's a gas ket?
It’s what the cat blew whilst making up the poll.
🤣
ket 1. dialectal, British; a CARRION b : FILTH, RUBBISH 2. dialectal, British : a good-for-nothing person
Thank you. As many British TV series I've watched I should have known that!
Reeechard! Do put on a different tie, Sheridan could call his mommy at any moment!
Still doesn't make sense to me. I must be a bit slow this morning.
Good question !
LOL. It's where we are.
Sad a futile ones, I'm afraid.
They say the four most dangerous words in investing are “this time it’s different.” This time won’t be different...except for the scale of the coming collapse.
Oh, wait, I forgot - Joey Spongebrain is “in charge,” so everything will be fine. I feel so much better now.
Ah Don, very often, in the morning when I read your new column it reminds me of when I was a wee girl losing my baby teeth and when one was mid-way through falling out I would wiggle it as far as I could and it would 'hurt so good'.
Often I have the similar urge to laugh and cry simultaneously over your column.
All I can say to a possible global financial collapse is, I'm glad I'm at least hoarding incandescent lightbulbs. :-/
Got a garage full too…
It might be the last 'currency' (other than food, water and ammo) that will have any value. At least until the electricity goes out. :-/
Dang, we have lots stored in the attic as well! Until just now, I hadn't realized they will be the new currency. Wonder how we're going to sew then into the hems of our coats? They're going to be pretty difficult to transport as we attempt to escape to wherever. Gee, I'm glad we're both as old as we are - won't have to watch this debacle many more years!
My dad used to sing, "This world is not my home" to the doctors and nurses around him. He, like the rest of us, was just a-passing through.
The polls are to prepare us for actual voting for the next election. If your Republican Congressman wears an eyepatch or hails from South Carolina, you are voting “nuke Moscow”.
The only reason Crenshaw is not a bigger disappointment in my book is because he's merely a Representative.
Thank God he's not a Senator.
Drat. I'm not the first to comment. Got up at 3:30 am. For the grief that I'm bearing, I'm having way too much fun. You guys are helping me. I LOVE YOU GUYS!! Amazing clarity today. Time for a nap. Later.
I don’t know the grief that comes with the loss of one’s mate. But what I do know of grief is we bear it in many different forms and really, however best we can. God bless and keep you as you walk the path of loss.
As goes with literally every single Democrat plan or policy, they ALWAYS end up with a host of “unintended consequences” that make matters far worse than the purported “problem” could have ever led to.
So much - if not all - of what has gone down in the last 3 years under this Adminstration has not gone according to plan, as they never bother to account for such, chief amongst all has been the pushback. Thus, their decision to create the most unlawful, undemocratic government run industrial-sized censorship/ spy program ever. But even that is being exposed and fought back against on an almost daily basis for its flagrant abuse of the Constitution.
The war in Ukraine’s unintended consequences, aligning Russia with China - and India, amongst others, was also, I believe, unforeseen. That has thrown quite the wrench in the works as Putin and Xi aren’t playing by “the rules”.
Their “open borders” plan has their own party squealing for it to stop as it’s crushing them under an unsustainable economic and human toll.
The insane push for a complete transition to “green” energy has also created enormous backlash, exposing it to be nothing more than one of a pure delusional fantasy, with devastating consequences for life on the planet.
This crushing of the banks appears to be a last ditch, desperate effort to control not only all the money in the entire banking system, but of each and every single American, thus total control over the people. The consequences of that plan will be riots, crime waves, and chaos in every city and town in America the likes of which this country has never seen.
They own and control the media, “the message”, their narrative, but, at their peril ignore the real world effects their pipe dreams unleash. Theirs is a “Let them eat cake” attitude which will only result in the storming of the Bastile, and all their “safe” places.
This will get very much uglier before it ever has a chance to get better.
Buckle up.
Well said, Suzie.
Agreedd.
There's a word for this: INEPTOCRACY
Government by fools....every last one of them.
They are extremely ept. You misunderstand their goal
Bankruptcy - gradually then suddenly.
Biblically, they are called "birth pangs."
The article said:
That happens when you hire people who just want lifetime employment and pensions fit for a king.
I say:
Fire Buttplugpete for starters. I can't remember if the United States has EVER had more "Close-calls" at airports or fatal derailments that in the last three years. Buttplugpete has one concern and that is getting blown every day while (s)he is in office and like any homosexual, it doesn't matter by who. If Biden gets charged with treason, The United States would have a moral obligation to execute his corrupt ass and NONE of his cohorts would collect a penny in "Retirement."
As far as the saying "It's who you know, not what you know" I stand by my corrected version, ESPECIALLY NOW........It's how you blow who you know.
Read the first five paragraphs of this. Vomit at the end of each paragraph. Here’s someone that thinks Buttplug is Einstein and Jesus rolled into one.
https://www.wired.com/story/pete-buttigieg-interview-god-beer-electric-mustang/
OK, I read it and I will say this. PuttplugPete is about as religious as Joe Biden and as full of shit (Literally). (S)he gives an opinion on everything, but says nothing of substance and that is dangerous. I'm sure buttplugPete stands by the old adage of the definition of insanity as does his boss:
"Keep doing the same thing and expect a different result." Honestly, I am surprised you would waste your time reading this crap.
“Know thy self, know thy enemy. A thousand battles, a thousand victories.”
Sun Tzu
Realizing there are sycophants like that writer and the editor is mind blowing.
Fair enough. Getting all these BS security clearances for government employees told me one thing very clearly long ago. The more you think you know someone, the less you really do.
I will also say this. I agree completely with knowing your enemy because what what they have done in the past is indicative of what they will do in the future. That is usually true, except In the sea of politics. Just look at an eel like George Stephanopoulos. He Knows the right thing to do, but money has long ago sold his soul.
Yes, that Wired article is sick, sick, sick.
Firing would be good, since hanging is TOO Good for him.
Hopefully they'll be able find another Sgt. Donald Wood as hangman and do as a horrific a job as he did with the Nazis at Nuremberg.
Even if T pulls this off… and you so know I want to believe that’s gonna happen, how in the name of everything that’s Holy, are we going to fix this shit!
If you know anything about JP Morgan, then you know that he is quite possibly THE most corrupt human being ever. Although no one can prove he was responsible for the sinking of the Titanic, him canceling his first class tickets (for the Titanic voyage) at the last minute has always made me wonder how such an evil person could exist. One thing about history that you will never find is anyone saying something nice about JP Morgan.
Borrowers sure don’t. His bond indentures have NEVER been broken as far as I know. When you borrowed from JPM, the deal you agreed to was NEVER changed. Like the Warren Buffet of that era - except he didn’t need public shareholders for cover. When the US Government only had JPM to bail them out, the Politicians must have HATED him. Now the Pols own the Banks/Fed Reserve and they LOVE it.
We had better cuz I think we ARE OUT of chances.
J6 was NOT an insurrection. But Lordy, how I wish we could give them a real one!
Biden isn't running anything: Obama is and all this murder and mayhem is on purpose: the destruction of the Republic.
Danny Huckabee
“Obama mocked art history majors. Maybe one of them would have saved him from having his official portrait painted in crayon.”
I went to art school several decades ago. (Yes, conservative artists do exist.). I majored in graphic design and minored in late 19th century art history, primarily the Impressionists, so that comment made my day!
J. P Morgan loaned gold to the government and in gratitude FDR later banned private ownership of gold. You shall not covet ... anything that is your neighbor’s
…and he confiscated all privately owned gold too!
If you read the financial history of the American colonies and then the USA, there have been many market booms and crashes going back to colonial times, all caused by similar problems: banks’ excessive credit creation during the boom, a realization like Wily Coyote at the top that you ran past the edge and then credit tightening, bank runs and crash! That’s why the Fed was formed, after Morgan and his associates bailed out the system in 1907. Of course, the Fed hasn’t fixed any of that and it can’t, but not just for the reasons you already know about. The reason is structural and baked into our economic system and barring any radical change to how we treat land, it will never change. But I don’t want to get into that.
What I will say is if the banking system looks tenuous,and there’s a whiff of panic, and there will be, there’s a 100+% chance that there will be a bailout by the government. It’s happened multiple times in the last 50 years and in fact going back before we were a nation. The losses are socialized, and the profits are privatized.
FWIW, Economic cycle theory and real estate cycle theory doesn’t predict a crash in our economy at the moment. Unless Biden succeeds in starting WW3 or they kill us off with a new more deadly virus, the economy will pick up steam through about 2026-2027 and then land /real estate prices will drop followed by the stock market.
It’s gonna be a big crash most likely. If there is a trillion dollar bailout that will only add to the end of cycle peak boom. Elections are coming in 2024. Schumer is already talking just this morning about how people can only remember back 6-8 months and the Dems will make sure the economy is booming by election time. I think there will be interest rate cuts so the banks can sell more loans. Nothing will be different this time. The sequence is right in schedule. Plan accordingly.
The banking system of each and every country has always been a house of cards. China is bankrupt, maybe more than US, but it’s all musical chairs. When the crash hits, it will be best to have commodities to trade or use. The best ones being guns and ammo.
China had their asses handed to them back in the 90's when they tried to float petro-dollars as a source of capital. China DOES have the world's largest reserves of oil, but I still don't think they have learned their lessons yet because there is nothing to indicate that they have. Having a junkie and whore chaser like Hunter Biden on your board of directors or Eric Swalwell (D-CA) and his ChiCom prostitute/girlfriend on your payroll does NOTHING to instill financial competence in 2023.
Tony, When our country is run by a guy you wouldn’t let drive a bumper car, a bag lady who is in charge of the treasury department and a senate run by one guy who looks and acts like the Joker ( Cesar Romero or Joaquin Phoenix), our country has some problems.
It didn't just start in a day.
Of course it started with W Wilson.
JP Morgan had Woodrow Wilson on puppet strings.