The Atlantis Report
Dec 3, 2021
Thirty trillion dollars in debt, massive deficits, and huge consumer debt, including mortgages. Put the interest rate up 1%, and you will have a calamity. Inflation will continue to double digits at least.
There is no way the FED can tighten.
The FED is the reason the economy is in a train wreck. Rates should be in the 5-7% range. Stop encouraging debt over savings.
We can’t taper a Ponzi Scheme.
There’s a massive supply chain and excess money supply problem now. This wasn’t the issue last March. They are trapped and in a lose/lose situation.
A 1% increase on the federal debt would cost more than a thousand aircraft carriers.
The Federal Government is just like a lot of our “zombie” companies. We Have to borrow money just to make the “interest” payment on our debt, never mind paying down the principal. They couldn’t afford to raise the rate even if they wanted to. It’s really not looking very good for us as a country, particularly when the rest of the world finally figures it out and starts “cashing in” the US treasury bonds that they hold. This has been coming for a long time, and now it’s arrived.
Nicely summed up in a few sentences. The next rate move will be into the negative, and will come with a presser from corpse face Nancy emphatically saying it’s needed to save the children and underserved communities.
We know the FED has a mission and they will not stop, period. Their goal is to be the buyer and lender of last resort as well as inflating the debt away! They will never stop until the dollar is dead and replaced by a CBDC!
The Fed may finally realize that you can’t keep a Ponzi going forever without digging a deeper hole. The Yellen needs to go before anything has a chance of getting better. The “markets” need a reset sooner than later, and start over from a clean sheet.
This “emergency” will end when the Market correction gets too painful, a few more hours should do it .
The question is……WHEN will the GAPS Fill on those charts?
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