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The Atlantis Report
Premiered May 25, 2021
There are rising fears of inflation and the weakening of the dollar.
The price of commodities and gas and just about everything we buy out there is up in price. Plus, you must explain to me how in the world these businesses are going to pay $15/hour to $20/hour without raising the price of the goods and services we buy! That is called inflation.
Federal Reserve Bank of St. Louis President James Bullard said Monday that the central bank is not yet ready to pull back on its aggressive monetary stimulus, but could be ready soon.”
Once this happens, the markets will start to deflate.
Was recently told that my primary residence has increased in value by roughly 25% in the past 12 months. NOW I am really getting concerned about the bubbles that we see floating all around us. The FED is really out of control and out of touch.
10 million Americans are currently not paying rent or mortgages. Markets at all time highs. We live in Bizarro world. The coming crash will make 2009 look minor. Just remember that free money still has to be repaid at some point. If corporations cant turn a profit in 5 to 10 years that debt leads to bankruptcies. We are now in year 13 of basically free money and when the free money stops the pain begins.
When you have an economy based on consumption and the people are broke, well, what to expect.
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The retail space is collapsing due to one thing: the disappearance of the middle class.
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