Monopoly: An overview of the Great Reset – Follow the Money

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If you’ve been wondering how the world economy has been hijacked and humanity has been kidnapped by a completely bogus narrative, look no further than this video by Dutch creator, Covid Lie.

What she uncovers is that the stock of the world’s largest corporations are owned by the same institutional investors. They all own each other. This means that “competing” brands, like Coke and Pepsi aren’t really competitors, at all, since their stock is owned by exactly the same investment companies, investment funds, insurance companies, banks and in some cases, governments. This is the case, across all industries. As she says:

Source:  https://forbiddenknowledgetv.net

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Controlled Demolition of the Markets, Dollar, Next Treasuries, Then Stocks – Gold, Silver and PM Stocks to Soar

Saturday, January 27, 2018 9:07

 

By: Clive Maund  /  GoldSeek

 

What we are about to witness in the markets will be similar to watching a gigantic controlled demolition, like say the World Trade Center controlled demolition in NYC. The initial charge that starts the whole sequence of momentous events is the dollar breakdown of recent days. This was triggered by the imposition of destructive trade tariffs by the Trump Administration who then made it plain they were happy to see the dollar drop to make US exports more competitive. Actions have consequences, and a falling dollar will make dollar denominated investments less attractive, like the Treasuries, which the US depends on to funnel the rest of the world’s wealth into its coffers – the deal has always been this: the US prints up unlimited quantities of dollars and Treasuries, created electronically with a few keystrokes, and then exchanges them for goods and services from the rest of the world, with most of the inflationary consequences of this pushed off onto the rest of the world. Other countries around the world have until now gone along with this scam, because if they don’t they get cut off from the SWIFT system, subjected to punitive sanctions or even invaded, or a combination of the three.

So, the sequence of events in this controlled demolition in a nutshell is this – the dollar drops hard, Treasuries, which are already very close to breaking down from their long-term uptrend, tank, and interest rates skyrocket. The stockmarket, already massively overstretched, implodes. The speculative urban Real Estate market crashes and gold and silver soar as a safehaven, amplified by acute shortage of physical, most of which now resides in vaults in China. Gold and silver miners, already streamlined and efficient, stand to make fortunes as gold and silver prices race far above their respective AISC (all in sustaining cost) breakeven levels, and gold and silver stocks skyrocket. When all this happens we can expect the resulting economic privation in the US to send the drug-addled population “loco”, whereupon they will find themselves confronting a police force armed to the teeth with military equipment, and with the legal backing to “do whatever is necessary” afforded by the provisions of the Patriot Acts, and rioters will find that there is practically unlimited accommodation available for them in the extensive network of FEMA camps, where they will have plenty of time to read the detailed provisions of the Patriot Acts, if they can get their hands on a copy, unless of course, they are put to work, perhaps after being detoxed.

Let’s now look at this sequence of impending market events on the charts. We start with the dollar, which has just broken down from a giant 3-year long Bullhorn Top or Broadening Formation. The dollar’s immediate downside target following this clear breakdown is the 80 area on the index. A drop of this magnitude is huge and will have profound repercussions, not least on the Treasury market, because there will be little motivation to invest in a country whose currency is plunging. This looks set to occur regardless of any bounce to alleviate the short-term oversold condition.

 

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The Collapse Of Italy’s Banks Threatens To Plunge The European Financial System Into Chaos

By Michael Snyder, on March 7th, 2016

The Italian banking system is a “leaning tower” that truly could completely collapse at literally any moment.  And as Italy’s banks begin to go down like dominoes, it is going to set off financial panic all over Europe unlike anything we have ever seen before.  I wrote about the troubles in Italy back in January, but since that time the crisis has escalated.  At this point, Italian banking stocks have declined a whopping 28 percent since the beginning of 2016, and when you look at some of the biggest Italian banks the numbers become even more frightening.  On Monday, shares of Monte dei Paschi were down 4.7 percent, and they have now plummeted 56 percent since the start of the year.  Shares of Carige were down 8 percent, and they have now plunged a total of 58 percent since the start of the year.  This is what a financial crisis looks like, and just like we are seeing in South America, the problems in Italy appear to be significantly accelerating.

So what makes Italy so important?

Well, we all saw how difficult it was for the rest of Europe to come up with a plan to rescue Greece.  But Greece is relatively small – they only have the 44th largest economy in the world.

The Italian economy is far larger.  Italy has the 8th largest economy in the world, and their government debt to GDP ratio is currently sitting at about 132 percent.

There is no way that Europe has the resources or the ability to handle a full meltdown of the Italian financial system.  Unfortunately, that is precisely what is happening.  Italian banks are absolutely drowning in non-performing loans, and as Jeffrey Moore has noted, this potentially represents “the greatest threat to the world’s already burdened financial system”…

Shares of Italy’s largest financial institutions have plummeted in the opening months of 2016 as piles of bad debt on their balance sheets become too high to ignore.  Amid all of the risks facing EU members in 2016, the risk of contagion from Italy’s troubled banks poses the greatest threat to the world’s already burdened financial system.

At the core of the issue is the concerning level of Non-Performing Loans (NPL’s) on banks’ books, with estimates ranging from 17% to 21% of total lending.  This amounts to approximately €200 billion of NPL’s, or 12% of Italy’s GDP.  Moreover, in some cases, bad loans make up an alarming 30% of individual banks’ balance sheets.

Things have already gotten so bad that the European Central Bank is now monitoring liquidity levels at Monte dei Paschi and Carige on a daily basis.  The following comes from Reuters…

The European Central Bank is checking liquidity levels at a number of Italian banks, including Banca Carige and Monte dei Paschi di Siena , on a daily basis, two sources close to the matter said on Monday.

Italian banking shares have fallen sharply since the start of the year amid market concerns about some 360 billion euros of bad loans on their books and weak capital levels.

The ECB has been putting pressure on several Italian banks to improve their capital position. The regulator can decide to monitor liquidity levels at any bank it supervises on a weekly or daily basis if it has any concern about deposits or funding.

 

A run on the big Italian banks has already begun.  Italians have already been quietly pulling billions of euros out of the banking system, and if these banks continue to crumble this “stealth run” could quickly become a stampede.

And of course panic in Italy would quickly spread to other financially troubled members of the eurozone such as Spain, Portugal, Greece and France.  Here is some additional analysis from Jeffrey Moore…

A deteriorating financial crisis in Italy could risk repercussions across the EU exponentially greater than those spurred by Greece.  The ripple effects of market turmoil and the potential for dangerous precedents being set by EU authorities in panicked response to that turmoil, could ignite yet more latent financial vulnerabilities in fragile EU members such as Spain and Portugal.

Unfortunately, most Americans are completely blinded to what is going on in the rest of the world because stocks in the U.S. have had a really good run for the past couple of weeks.  Headlines are declaring that the risk of a new recession “has passed” and that the crisis “is over”.  Meanwhile, South America is plunging into a full-blown depression, the Italian banking system is melting down, global manufacturing numbers are the worst that we have seen since the last recession, and global trade is absolutely imploding.

Other than that, things are pretty good.

Seriously, it is absolutely critical that we don’t allow ourselves to be fooled by every little wave of momentum in the stock market.

It is a fact that sales and profits for U.S. corporations are declining.  This is a trend that began all the way back in mid-2014 and that has accelerated during the early stages of 2016.  The following comes from Wolf Richter…

Total US business sales – not just sales by S&P 500 companies but also sales by small caps and all other businesses, even those that are not publicly traded – peaked in July 2014 at $1.365 trillion, according to the Census Bureau. By December 2015, total business sales were down 4.6% from that peak. A bad 18 months for sales! They’re back where they’d first been in January 2013!

Sales by S&P 500 companies dropped 3.8% in 2015, according to FactSet, the worst year since the Financial Crisis.

I know that a lot of people have been eagerly anticipating a complete and total global economic collapse for a long time, and many of them just want to “get it over with”.

Well, the truth is that nobody should want to see what is coming.  Personally, I rejoice for every extra day, week or month we are given.  Every extra day is another day to prepare, and every extra day is another day to enjoy the extremely comfortable standard of living that our debt-fueled prosperity has produced for us.

Most Americans have absolutely no idea how spoiled we really are.  Even just fifty years ago, life was so much harder in this country.  If we had to go back and live the way that Americans did 100 or 150 years ago, there are very few of us that would be able to successfully do that.

So enjoy the remaining days of debt-fueled prosperity while you still can, because great change is coming, and it is going to be extremely bitter for most of the population.

 

Source:  http://theeconomiccollapseblog.com/archives/the-collapse-of-italys-banks-threatens-to-plunge-the-european-financial-system-into-chaos

 

http://subterrnews.blogspot.com/2016/03/the-collapse-of-italys-banks-threatens.html

 

 

European Stocks, Chinese Stocks And Commodities Are All Crashing – Are U.S. Stocks Next?

By Michael Snyder, on July 7th, 2015

 

     

A global stock market crash has begun.  European stocks are crashing, Chinese stocks are crashing, and commodities are crashing.  And guess what?  All of those things happened before U.S. stocks crashed in the fall of 2008 too.  In so many ways, it seems like we are watching a replay of the financial crisis of 2008, but this time around the world is in far worse shape financially.  Global debt levels are at an all-time high, the 75 trillion dollar global shadow banking system could implode at any time, and there are hundreds of trillions of dollars in derivatives that threaten to wipe out major banks all over the planet.  The last major worldwide financial crash was almost seven years ago, and very little has been done since that time to prepare for the next one.  If global markets do not calm down, we could see carnage in the months ahead that is absolutely unprecedented.
For months, European authorities have been promising us that a “Grexit” is already “priced in” to the markets and that any “contagion” from the Greek crisis will be “contained”.  Of course everyone knew that was just a smokescreen.  Just in the past couple of days since the Greek “no” vote, European stocks have already been crashing.  The following comes from Zero Hedge…

Does this look contained to you?
Portugal, Spain, and Italy all collapsing…

As I mentioned at the top of this article, European stocks started crashing well before U.S. stocks started crashing during the last financial crisis.  If you doubt this, just look at this chart, and this chart and this chart.
Will the same thing happen again this time?
And just like I have warned repeatedly, European bond yields have started to soar.  When bond yields go up, bond prices go down, so many bond investors are losing a tremendous amount of money right now.  Here is more from Zero Hedge…

Who’s next?
European bond risk is anything but “contained” as GGB 10Y Yields top 18%…

If there is not a last minute deal between Greece and her creditors, what we have witnessed so far in the bond markets will just be the tip of the iceberg.  In the months ahead, we could witness a bond crash unlike anything that we have ever seen in all of history.  Just consider what Egon von Greyerz recently told Eric King…

There is no liquidity in this market and this is where we will soon see a problem. We will see the bond market totally seizing up in the next few months. Eric, people simply don’t understand that this is a much bigger problem than Greece.
So we are talking about a worldwide problem, not just a Greek problem. The majority of the $100 trillion bond market is worthless, and of course a ticking time-bomb of over $1 quadrillion worth of derivatives is linked to that. This means that, sadly, we are heading into a major contagion that will lead to financial catastrophe for the world. This will also lead to an implosion of all bubble assets across the globe.

Hmm – there is that word “derivatives” again.
It is funny how that keeps popping up.
As things unravel over in Europe, a lot of desperate Europeans are feverishly purchasing physical gold.  The following comes from Bloomberg…

European investors are increasing purchases of gold as Greece’s turmoil boosts the appeal for an alternative to the euro.
Demand from Greek customers for Sovereign gold coins was double the five-month average in June, the U.K. Royal Mint said in an e-mailed statement. CoinInvest.com, an online retailer, said sales on Saturday and Sunday were the highest since Cyprus limited cash withdrawals in 2013, driven by a jump in German, French and Greek buyers.
Investors are searching for a safe haven after Greece imposed capital controls, closed banks and stopped selling gold coins to the public until at least July 6.

Meanwhile, Chinese stocks have continued to fall.  Overall, Chinese stocks have fallen 27 percent since the peak, and a whopping 3.2 trillion dollars of “paper wealth” has been wiped out in China in just the last three weeks.
At this point things are so bad that about one-fourth of all stocks in China have already suspended trading according to CNN…

The turmoil in China’s stock market is so bad that some companies are calling it quits.
Over 700 Chinese companies have halted trading to “self preserve,” according to the state media. That means about a quarter of the companies listed on China’s two big exchanges — the Shanghai and Shenzhen — are no longer trading.

Desperate measures are being employed to try to stop the stock market crash in China.  For example, over the weekend an alliance of securities brokerages pledged to invest “at least 120 billion yuan” in order to stabilize stock prices…

China’s top 21 securities brokerages said on Saturday they would collectively invest at least 120 billion yuan ($19.3 billion) to help stabilize the country’s stock markets after a slump of nearly 30 percent since mid-June. In addition, 57 Chinese mutual funds are reportedly investing 2.2 billion yuan in stock funds.

The Chinese central bank has gotten involved as well.  In fact, the People’s Bank of China has taken the dramatic step of actually directly loaning money to brokerages…

In an extraordinary move, the People’s Bank of China has begun lending money to investors to buy shares in the flailing market. The Wall Street Journal reports this “liquidity assistance” will be provided to the regulator-owned China Securities Finance Corp, which will lend the money to brokerages, which will in turn lend to investors.
The dramatic intervention marks the first time funds from the central bank have been directed anywhere other than the banks, signalling serious concern from authorities about the crisis.

In addition, the Chinese government has taken the following steps to intervene…
-All short selling of stocks has been banned.
-China’s national social security fund has been banned from selling stocks, but they can continue to buy stocks.
-Local media has been banned from using the terms “equity disaster” and “rescue the market” in their news reports.
But despite everything that you just read, Chinese stocks have still been falling.
Meanwhile, global commodity prices are crashing.  Just check out this chart.  This is also something that happened before U.S. stocks crashed back in 2008.
Thankfully, U.S. stocks have not started crashing yet.  But it should be noted that the “smart money” in the United States has been selling stocks like crazy since the “no” vote in the Greek referendum.  And if the patterns that we witnessed seven years ago hold up, it is just a matter of time before we experience a stock market crash too.
Incredibly, there are a lot of people out there that very strongly believe that everything is going to be just fine.  They have tremendous faith in the central bankers and in our political leaders, and they are assuring all the rest of us that there is no possible way that the global financial system could be brought down again.
I truly wish that they were right.  If everything was going to be just fine, instead of writing about the coming economic collapse I could write about sports or do a blog dedicated to LOLcats.  But of course the truth is that the “hopetimists” are dead wrong.
A great shaking is coming to our world, and life as we know it is about to change in a major way.

Note:  Source theeconomiccollapse.blog.com