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Monday, December 7, 2020

The U.S. has entered a death spiral

 

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The U.S. has entered a death spiral.

I do not use that expression lightly.

In the last 12 months, the principles that separated this country from the rest of the world (Rule of Law, personal freedoms, separation of Church and State, etc.) have all been shredded by policymakers in the last year.

We’ve seen:

1.     Government officials decree where Americans are allowed to go (Walmart, nail salons, etc.) and where they are not (Church, family gatherings, etc.).

2.     Government officials stand by, or worse still, tell the police and first responders to “stand down” while activists and anarchists set fire to entire cities, destroying personal property, businesses, and livelihoods. Meanwhile, those same government officials ask the police to arrest small business owners who refuse to close their businesses.

3.     A rigged Presidential election in which thousands of witnesses have sworn under oath that they witnessed systemic fraud that led to Joe Biden being declared the winner.

This is “Fall of Rome” type corruption and systemic decay. And it’s going to lead to a massive crisis/revolution soon.

 

Take a stand against the destruction of the American


The U.S. Dollar ($USD) continues to drop like a stone.

Earlier this week it plunged to new lows for the year. Peak to trough it has lost nearly 13%.

The important point here is NOT the level at which the dollar is trading. After all, it’s been at 91 on the $USD index plenty of times before.

In the currency markets, the SPEED at which a currency moves is just as important as the actual price at which a currency is trading. A currency can trade at practically any level without it being a cause for major concern, provided it gets there in an orderly fashion.

It’s when a currency starts moving RAPIDLY that things quickly become ugly. Which brings us to the REAL issue at stake…

What’s Driving This Drop in the $USD?

The collapse of confidence in the institutions and credibility of the U.S. as a nation.

It is now clear beyond any doubt that the 2020 U.S. presidential election was rife with fraud.

Now, fraud occurs in every election. Anyone who argues otherwise hasn’t studied history. When it comes to fraud in major elections in the U.S. it’s NOT a question of “if” but of “how much.”

In the case of the 2020 U.S. presidential election it is now clear that the degree of fraud was astonishing. I’m not going to delve into this topic at length here, but in the last few weeks we’ve seen:

1.     Whistleblowers state, during sworn testimony, that they witnessed:

a.      Trucks with hundreds of thousands of ballots being driven from one state to another to deliver those ballots in a different election.

b.     Tens if not hundreds of thousands of ballots being fed and refed into tabulating machines as many as 8 to 10 times (meaning the same ballot counts as 8 or even 10 votes).

c.      Vote counters being told to “backdate” ballots so that those ballots appeared to have arrived before the voting deadline.

2.     The voting machines and software used to tabulate the vote totals in at LEAST 24 states (along with the company that manufactured them) were:

a.      Connected to the internet, allowing for outside interference.

b.     Written in such a way that anyone can change a given ballot’s vote after it has been cast.

c.      Formally OWNED by at least one foreign government (China) (there is an SEC filing of the acquisition).

d.     Linked to other nations’ shady elections (including Cuba and Venezuela).

Regardless of your political views or your desired outcome of this election, the above items alone call into question the entire election’s legitimacy.

Think of it this way…

Let’s say that during the 100 meter dash in the Olympics, the timer stopped working, the judges wore blindfolds and the camera feeds all shutdown mid-way through the race.

Would you trust or believe it if one of the runners claimed that he not only won the race despite trailing his opponent by two seconds… but that he also set a world record time? Would you even consider the race legitimate?

This is a Serious Development for U.S. Investors

I believe the current rapid collapse in the $USD is telling us the currency markets (the largest most liquid markets in the world, and most sensitive to systemic changes) believe the U.S. has lost credibility as a country on the global stage.

I do not write that last paragraph carelessly.

The U.S. maintains a long-held a prestige due to its adherence to the Rule of Law and the transparency and credibility of its institutions.

I want to be clear here: I’m not saying the U.S. is devoid of fraud or scams; I’m simply stating that the country’s legal system and institutions are set up with enough checks and balances that generally speaking systemic fraud is less likely.

This is one reason why the U.S. stock market typically attracts so much capital from global investors: The world knows the U.S. has credible accounting standards and creditworthiness.

A rigged U.S. presidential election involving such abject systemic fraud indicates that U.S. institutions are no longer credible. This would effectively suggest the U.S. becoming something of a dying empire or a banana republic.

And that is why the $USD is collapsing so rapidly.

To the bigger point, this $USD collapse is just one symptom of the systemic weakness that’s been building beneath the markets. This loss of confidence could spread like wildfire to other sectors and become the tipping point of a serious downward spiral in all the markets. I’ve written a report detailing what’s happening and how it may all play out. You can read all the details here.

Best Regards,

Graham Summers
Editor, Money & Crisis

 

SIDEBAR:



Public support for stricter gun control has fallen to a four-year low, according to a Gallup poll. The latest majority (57%) in the U.S. who call for stricter laws covering the sale of firearms marks a seven-percentage-point decline since last year. At the same time, 34% of U.S. adults prefer that gun laws be kept as they are now, while 9% would like them to be less strict.

Support for banning the possession of handguns fell to 25%, a four-point drop from 2019, and near its all-time low of 23% in 2016. Firearms sales began to increase sharply at the outbreak of the novel coronavirus in the spring and accelerated during the summer amid riots and protests over what demonstrators considered "systemic racism" in law enforcement and society in general. Read More Here


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Useful stuff      

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They're the longest lasting foods in the world and are often referred to as "forever foods." Technically, most of them are ingredients, but you can use them to make some great meals if you know how.

 

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2 comments:

Brad said...

America’s institutions are rotten to the core.
Common sense and human decency are relics of the past...beaten down by Socialist-Dems.
And Americans at each other’s throats.
Well, it wasn’t by accident.

Poor Man Survivor said...

When will people wake up?