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Monday, October 8, 2018

The U.S. National Debt Has Increased By 1.271 Trillion


 

Poor Man Survival

Self Reliance tools for independent minded people…


 

ISSN 2161-5543

A Digest of Urban Survival Resources

 



If you think everything in America is just fine…So how ready are you, really, if we're indeed headed into another 2008-style market crash?

 
And the people “behind the curtain” of our financial and political system care about you and your money…

 
This might not be for you.

Here are some updates on how the pirates are ruining our political and economic system…keep in mind, this applies to both sides of the aisle.  The Democrats, for instance, are planning to go beyond their usual scourge in the event Supreme Court nominee Kavanaugh gets the nod by impeaching him once he’s appointed.  Their dark goals will not be satisfied in their effort to thwart the President and the GOP no matter how much damage it does to the nation…

The fiscal year of the federal government goes from October 1st to September 30th.  During the fiscal year that just ended, the U.S. national debt increased by 1.271 trillion dollars

The federal debt increased by $1,271,158,167,126.72 in fiscal 2018according to data released today by the Treasury.

The total federal debt started the fiscal year at $20,244,900,016,053.51 according to the Treasury, and finished the fiscal year at $21,516,058,183,180.23.

Famed investor Howard Investor sent out a memo…

The Seven Worst Words in the World, came out last week. And those seven words are – “too much money chasing too few deals.”

Everything points to another major correction coming soon…
Ray Dalio, founder of Bridgewater, the world’s largest hedge fund, says we’ll see a recession by 2020. He even wrote a book called A Template for Understanding BIG DEBT CRISES, which he’s giving away for free.

Ken Griffin from Citadel says we have 18-24 months before a correction. And in a recent interview, billionaire hedge fund manager Stan Druckenmiller said “we’re kind of at that stage in the cycle where bombs are going off.”

These days, there is a lot of discussion about the political gains that “Democratic socialists” have been making all over America, and Republicans are trying to assure us that the American people don’t actually want socialism.

But you know what?

We have already gone most of the way down the road toward socialism.  I think that Ron Paul made this point very well  in his most recent article

We know socialism does not work. It is an economic system based on the use of force rather than economic freedom of choice. But while many Americans seem to be in a panic over the failures of socialism in Venezuela, they don’t seem all that concerned that right here at home President Trump just signed a massive $1.3 trillion dollar spending bill that delivers socialism on a scale that Venezuelans couldn’t even imagine. In fact this one spending bill is three times Venezuela’s entire gross domestic product!

Did I miss all the Americans protesting this warfare-welfare state socialism?

People must be psychologically conditioned to trade freedom for the illusion of safety. Sometimes this takes generations.  Every attempt at a totalitarian framework inevitably elicits a rebellion. Therefore, the most successful tyranny would be one that the public demands. They have to think it is their idea, otherwise they will eventually fight it.

Globalist financiers and power addicts need something more than mere military might or bureaucratic force to obtain their ideal slave society. They need 4th Generation warfare tactics. They need to con the masses into loving their own servitude.

There are two tools that make this outcome possible: The first is controlled economic decline, the second is the integration of a technological gulag into every aspect of public life.

Economic weapons of mass distraction


It is no coincidence that dictatorial governments gain prominence as the global economy suffers; it is extremely difficult for people to remain vigilant to tyranny when they are completely distracted by their own survival. This is why my focus as an analyst has always been primarily on economics and solutions to fiscal disaster. If the public can be prepped to develop their own alternative economic systems before a crisis occurs, then they will be less distracted by the chaos and more apt to notice when the globalists offer tyranny as a fix-all.

Without alternative markets at the local level there is no redundancy, no protection from a crash. With most people dependent on the existing system for their livelihoods, the economy becomes a very useful weapon for the globalists.

Holding the economy hostage creates numerous advantages. Through deflationary pressure wages can be kept low while higher paying jobs disappear. Manufacturing can be phased out or outsourced overseas, as in the U.S. Small business ownership becomes difficult as taxes generally rise as financial conditions decline.

Through inflationary or stagflationary pressures, low wages and the inadequate job market are combined with exploding prices. This makes survival for many people untenable without government aid.

In this environment, the working public becomes reliant on the service sector, which provides no useful skill sets. Soon, you have entire generations of people with no production abilities whatsoever. They become drones working in meaningless office and retail jobs squandering away their days knowing that they are accomplishing nothing beyond a meager paycheck.

The lack of a greater purpose or mission in life and the nagging realization that the average person has no productive capacity creates a palpable atmosphere of desperation. They do not own their own work, and they have nothing much to show for their labor; nothing to point at and say, "I built that." The public gets to the point that they may even welcome an economic collapse simply to escape the drudgery.

This is where movements to support totalitarianism come from — the subset of citizens that are fed up with fighting against the economy and have no sense of independence. These people do not know how to solve their own problems, they are always looking for someone else to do it for them. The globalists are happy to suggest their own predetermined solutions to the public once the financial structure hits a point of maximum pain.

However, once the economy is repaired in exchange for the submission of the citizenry, people might still decide one day that the trade was unfair. Thus, a deterrent is needed to keep them in line.


The technological fish tank


It is important to understand that there is no major country in the western oreastern world that is not building a digital control grid, and this helps to support my position that eastern nations are just as subservient to globalist demands as western nations. All the geopolitical drama surrounding events like the trade war, the Syrian war or various elections, etc.; none of this matters. When determining if the strings of a particular government are being pulled by the globalist cabal, all you have to do is look at how quickly they are implementing oppressive systems that serve globalist interests.

For example, India's government has been hitting in the news feeds lately as their supreme court recently ruled that the controversial Aadhaar biometric program is legal. In a nation of around 1.3 billion people, around 1 billion have already been biometrically profiled in a national database. This data can include fingerprints, iris scans and face scans.

I have heard it argued that India is a rather odd place to experiment with such a database, considering 60 percent of the population is under the poverty line and most people barely have basic amenities. But I would point out that this is why it is a perfect place for the globalists to start cataloging the world population on larger scale.

Again, financial desperation and a lack of productions skills tends to produce subservience. Hundreds of millions of poverty stricken people in India's sprawling  urban sewers are voluntarily giving up their biometric data in exchange for government aid programs.

For the people not anchored down by the poor economy, India has instituted other measures, including requiring anyone accessing government services, opening a bank account or signing up for a mobile phone service also give up their biometrics to the government.

In other nations not yet impoverished at India's level, more subversive measures have been instituted for surveillance of the population. Data is simply taken rather than traded.

In Russia, Vladimir Putin has put the Yarovaya laws he signed in 2016 into effect. All digital data from phone conversations to emails is now recorded and stored by telecoms for government access for a minimum of six months, this includes Facebook and Twitter posts. The 2014 bloggers law also requires any blogger with over 3,000 followers be put on government file and they cannot remain anonymous. Any business operating a public Wi-Fi network is required by law to identify users by ID, which is also stored for at least six months.

Russia's FISA-style surveillance grid is vast, yet, many people in the liberty movement seem to ignore this reality with misplaced Putin-worship. As I have noted in numerous articles, Russia is heavily influenced by international financiers.

Goldman Sachs is one of the largest investment banks in the country. Their central bank works closely with the IMF and the BIS. The Kremlin has in the past called for a global currency controlled by the IMF. And Putin even admits in his own biography First Person that he has been friends with New World Order salesman Henry Kissinger since before he became president of Russia. In a latest show of how globalist Russia really is, the Russian Foreign Minister recently criticized the U.S. in a speech to the U.N. general assembly over its "attacks" on the "international order," including undermining the World Trade Organization and global climate change agreements. Putin expressed similar sentiments to the U.N. about a year ago.

It should come as no surprise to anyone that Russia is playing right along with globalist efforts to identify and track every single living person. It should also come as no surprise that Donald Trump, surrounded by globalists within his own cabinet, is continuing and expanding FISA surveillance under his administration.

At the beginning of 2018 Trump signed a bill renewing the National Security Agency's warrantless FISA mass surveillance of the American population. Leading Democrats happily supported the action. Despite all of Trump's rhetoric against FISA recently, it was Trump that made FISA's continuation possible.

But where is this all going? How does the combination of poverty and digital surveillance translate to tyranny? I believe China's "social credit" program is the answer. China is representative of the end game for the globalist ideal for civilization. With mass economic struggle leading to dependency on government welfare programs and employment opportunities, no citizen can afford to be "blacklisted." China's social credit system creates an environment in which any and every action on the part of citizens is tracked and then "rated" for acceptance or consequence. This includes how people express attitudes toward the government itself. Obviously, this is the ultimate control mechanism, very similar to the Checka of Stalinist Russia, but on a massive digital scale.

This is why surveillance is evil, regardless of whether someone is breaking the laws or not. It gives government the power to dictate behavior by inspiring self-censorship. Individuals do not dare do anything outside of collective norms for fear that it could be interpreted as socially negative. Punishment might include loss of access to the economy itself, and when most people are living from paycheck to paycheck, this could mean death.

The point is, it’s time to be cautious. And it’s time to start preparing for the inevitable downturn and social upheaval, whenever it hits.

 





Are temporary tattoos the future of wearable technology?

Unlike many young Americans, I dislike excessive tattoos-I was brought up in an era where they were either gang/prison related, sideshow freaks or merchant marines.  However, there might be some use for them after all:


 

The Science Is Clear: Dirty Farm Water Is Making Us Sick


 

  • U.S. Unemployment Rate Drops To 3.7 Percent, Lowest In Nearly 50 Years
  • Uber will offer free rides to the polls on Election Day
  • Consumers Feel Sticker Shock As Out-Of-Pocket Health Care Costs Rise
  • Global De-Dollarization Spells Jolts and Crises for US Economy
  • Can You Really Delete Your Internet History?

 

Final Notes…

Contributors and subscribers enable the Poor Man Survivor to post 150+ free essays annually. It is for this reason they are Heroes and Heroines of New Media. Without your financial support, the free content would disappear for the simple reason that I cannot keep body and soul together on my meager book sales & ecommerce alone.

 

Interesting Trends


He says the average American has 3 credit cards with a combined balance of $6,000.
And the trend is not going in a positive direction.
“A recent survey conducted this year said that when you look at the number of consumers who report being debt-free, it’s actually dropped from 27 to 23 percent.”


More worrying, perhaps: 33% of those surveyed said they think that dream is disappearing. Why? They have too much debt. “Americans believe financial security is at the core of the American Dream, but it is alarming that so many think it is beyond their reach,” said Mike Fanning, head of MassMutual U.S.


Among the generations, older millennials (ages 28 to 37) are most likely to say they lose sleep because they are worried about something, with 77 percent experiencing this problem. Most older millennials, 49 percent, are worried about their relationships, with money concerns coming in second at 43 percent. However, this age group is the most likely to be stressed about money, followed by Generation Xers (ages 38 to 53) at 41 percent.

 


The pay gap has risen dramatically, with some fluctuations, since the 1990s. In 1965 the ratio of CEO to worker pay was 20 to one; that figure had risen to 58 to one by in 1989 and peaked in 2000 when CEOs earned 344 times the wage of their average worker.

Still think Socialism is a good thing?  Read this…


 

The [un] Patriot Act which resulted in the biggest loss of personal freedom we've seen in decades. But that's not all...

·         Law enforcement now uses mandatory shelter-in-place orders to keep you from escaping while they conduct manhunts for teenage terrorist wannabes. And they are rolling out armed-to-the-teeth SWAT teams and military-style assault trucks to enforce these 24-hour lockdowns. Certainly not the America I was raised in.

 

·         Failing infrastructure, oil and food supply shocks, the growing threat of hyperinflation and dollar collapse, and the high potential for a nuclear or bioterror assault all threaten to pour gasoline on the smoldering flame of economic pain gripping scores of U.S. cities.

 

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A Smoking Frog Feature, Shallow Planet Production

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