👉This is Why Nasdaq and S&P 500 made new All-Time Highs !!

👉This is Why Nasdaq and S&P 500 made new All-Time Highs !!





Nasdaq and S&P 500 made new All-Time Highs - Are They now too Big To Fail? The stock market is going to the moon! Not even the pandemic could stop this bull. The Nasdaq and S&P 500 made new all-time highs last week. This is the biggest Ponzi in history. The stock market is now too big to fail. In fact, by definition, every Ponzi scheme is Too-Big-To-Fail. Until one day, The bigger they are, the harder they fall. Logic would have Wall Street to catch up to Main Street. But the Fed is pumping so much liquidity into the system. This stock market is too rigged to fail. A million here, a million there. Before you know it, you're talking real unemployment and a first-class depression. This is the greatest swindle in the history of mankind. Those dollars created by the Fed to push stocks higher have come from the paychecks, pensions, and savings of working Americans; The Middle Class who produce real products and services. At the core of this system of massive theft and plunder is the Fed and central and fractional reserve banks everywhere. There are fewer and fewer big companies that pull the stock market along. A great many of them are getting wealthy doing things that much of our US populace doesn't care for. Tesla for example, ships .02% of all vehicles. But its market cap exceeds all the other automakers combined. That is definitely insane. The market cap of just seven stocks now equals 39% of US GDP. The balance sheet of the US Fed now equals 36% of US GDP. The rest of us only has 25% of the real economy. The stock market is like a toilet that's broken and won't flush, yet people keep defecating into it anyway. We're cresting the rim right about now. The stock market is too rigged to fail! It is rigged by GREED, and FOR GREED. A perfect vehicle to manipulate. Get stocks high and then cut them off at the knees and make a huge profit on the other side. Did you really think markets would ever be allowed to go red, every dip is bought and green every day? 1 or 2 small days red in a month, and that is all that is allowed. We are living in a fantasy world right now, but you have to keep doing what has worked for four months in a row, keep buying way out of the money calls and join the rich. These Robinhooders will never have to work again, so who cares about unemployment numbers. All they need is a Tesla, chipotle, iPhones, computers to trade, and video machine/games to survive for the next ten years. There is no economic recovery both in the US and internationally. Unemployment is extremely high. And there's a good possibility job losses will accelerate in the coming months as the PPP ends for big businesses (more than 500 employees) at the end of September. And many struggling small businesses go belly up. State and local governments are in dire economic straits, and if they don't get assistance fast, there will be a huge wave of layoffs and service cuts. There is also the potential for millions of renters and homeowners to be evicted in a crisis that looks like it could be worse than the housing bubble of 2008-2009. So why exactly are stocks climbing on a near-daily basis as if we already are well on our way to recovery? I get the feeling that the big players are pushing to see how much more they can squeeze out of this market before they switch to profit-taking. And when that happens, the market will collapse just like it did in Feb-March. They are taking foreign investors and retail players for a ride. They will be squashed when the big players get what they want out of the market. Unless of course, Powell decides to go Japanese and outright buy stocks to halt a full-blown crash. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Every 90-years, there is a giant stock market crash followed by DEPRESSION. 90-years ago was 1929 followed by GREAT DEPRESSION, lasting 25-years to 1954. Will history repeat? I BELIEVE SO. Employees will lose jobs. Smart Entrepreneurs get rich. Start preparing now before the crash. The next stock market crash will take the US Dollar down with it. Retirement savings will disappear, along with the US dollars value. The US dollar is failing and has been for a few years. It will continue this slow death spiral for a few more years. The boyz at the fed are pretty good at kicking the can down the road. The Fed exists only to reward the donor class. The briefcase mafia never had it so good, so we'll keep the same low class of people in the office again this year. The Federal Reserve was created to make billionaires trillionaires. The bottom 20% of the population share less than one percent due to Fed policy. The debt slaves are always at the bottom of the pyramid, but they actually move the most bricks. Big companies, float trillions in debt, give the top management huge stock options, buy billions in stock buybacks, give billions in bonuses, outside the US, then force the Fed to buy the debt. And the Federal Reserve will buy it all. They are the buyers of last resort. If the Fed had allowed asset prices to find their natural bottom, wherever that may have been, and they were already on their way in March, and say, across the board.These American billionaires would have lost half of their wealth; then wealth inequality would have been cut in half. But what happened instead is this: the guy with a low-paying job, who lost the job, got the stimulus money and unemployment benefits, and then he handed this money over to the rich. This money didn’t stay with him. It flowed to the asset holders, to capital. That’s how the money flows. And it helped produce the corporate results that helped drive up asset prices. Bezos was the biggest beneficiary of them all. The top 12 wealthiest billionaires have seen their combined wealth soar by 40%—or $283 billion since the pandemic, it now comes to a total of more than 1 trillion dollars. In the meantime, 56 million Americans have filed new claims for unemployment benefits, and more Americans are losing their jobs with each passing day. More Americans are suffering from poverty and even hunger. This inequality is a huge handicap for the economy going forward. An economy based on ballooning inequality cannot perform well. Inequality will get in the way of recovery and has a negative impact on future economic growth. This is the save the village by burning it to the ground approach. By trying to prevent a recession/depression, it will cause more problems, either a very slow growth economy that allowed zombie companies et al to continue with capital misallocation and/or a more severe economic downturn ; since the weak were not allowed to perish in a capitalistic system. And tremendous social resentment. The FED is just a bookkeeper that operates closed books and an unlimited credit line for all its shareholders. The end game for the FED is to be the last bank standing and to own it all. They will own cities, states, nations, and all their citizens. They will take out the commercial banks and introduce a digital dollar. The dollar takedown has begun. Won't be long now. The second wave and crumble becomes collapse. The MMT debt scheme is near its mathematical ending. Digital technocratic controls are coming. Here is the mechanism the FED will use to release a mountain of money into the real economy. The Banking for All act is part of the coming stimulus package. It authorizes the FED to offer pass-thru accounts to everyone. In distressed or poor areas where member bank branches are limited, you can go to the POST OFFICE to get your FED account. They will deposit digital dollars into those accounts in the form of Universal Basic Income or stimulus. You will think the digital dollars are like your paper dollars, but they are not. Now they can breach the zero lower bound of interest rates, i.e., go negative. The FED will drop their bank lending rate to -4% or -5% while paying interest to the new FED accounts. The FED can allow you to convert your bank money (paper) to Central Bank Digital Currency or maybe a portion of it or none at all (to increase money velocity). Are you going to sit there as the bank takes 4% of your balance each month because of negative rates, or are you going to rush out and spend it if the FED won't let you convert? There's your inflation! The consumer, being ignorant, would only notice that their bank is charging to hold their money while the FED is not. People won't even notice the difference between their banks' version of money (paper) and the CBDC (programmable and digital). Not only would that incentivize everyone to spend their money before it dwindles away, creating price inflation and velocity, but it will serve the purpose of getting rid of paper money in favor of digital. What a smooth transition that would be. Eventually, the commercial banks will disappear once everyone is on the FED's ledger. That's the FED's endgame. To own it all! They may even allow you to take your CBDC out in the paper for a while just to convince you that there's no difference between FED money and paper. You might think you can avoid the negative rates by getting your cash out, except there's only 1.95 trillion in printed notes. If you're lucky enough to get your cash out, you will only watch it lose value as inflation skyrockets from the trillions being spent using electronic payment methods. Forget getting any gold or silver then! Your FED account would look just like your bank account. And equally, in the coming years, it should seem obvious to everyone in hindsight what a disastrous mess the Fed's/Central Banks' ongoing excessive QE policies created. Those who praise Powell for backstopping the market in March, completely miss the fact that he was already having to support the cracking structure by pivoting back to QE in 2019, and then through trillions of repo money in 2nd half of the year. When markets then reacted to COVID, the entire system was at such risk of collapse - due to its own monumental weight of excessive equity valuations and extreme debt loads - that the Fed's were forced to respond with emergency relief, by necessity, to keep the entire system from failing. This situation was entirely borne out of excessive QE for the past decade, and extreme market risk will continue (regardless of corrections) until we have a Fed with enough courage to reinstate the reasonable-rate policy. The market will always experience natural corrections, but if rates are constantly held reasonable, then the debt is kept more manageable by companies/consumers, and alternative investments help balance the equity valuations and risks in a diversified portfolio. But somehow, the Economists and PhD's running the show this past decade still can't figure this out, or simply think an economy built on debt through MMT is the optimal solution. Obviously, from the beginning of the story. It was a choice of real economic policy by the financial leaders who pass through the central banks that directly financed the virtual world, which has long since been disconnected from the real economy in crisis. It is normal that when real profits fall over the long term, they move to the financial virtual and then unload the problem out. They are systemic irrational processes. The push for predatory globalization arises from the long-term fall in profits, which is a systemic process in addition to the cyclical aspects. The problem has been moved further and magnified to levels never seen before. They also synchronized cycles globally and triggered and amplified the systemic crisis. The final stage of the operation will not be a walk in the park. Too big to fail is a myth. Very big things can fail. The biggest stocks ever, e.g., Apple, are still a tiny portion of the American economy. Any big bank can fail. Just put it into receivership and sell back that shares once the Bank has been rehabilitated. The original shareholders and managers are eligible to fail as they should. Let other, more competent people take it over. Again, nothing is too big to fail. It's a myth. A lie. And a tactic to screw the whole country just to save some lousy Banks or Airlines. Let them fail!!!! Nobody will lose their jobs except incompetent managers. In fact, the little people who run the company can end up owning a larger share of the institution once the managers, along with the parent company, are driven out, or preferred shares are first offered to employees after old management is fired and the debt restructured. Last but not least, screw the bondholders. They don't get to destroy the economy just so their lousy investments work out. Take it out of their hide next time there's a downturn. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!









































Rich Dad Poor Dad is the story of Robert Kiyosaki 's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

A Tsunami Of Evictions Could Make 40 Million Americans Homeless

A Tsunami Of Evictions Could Make 40 Million Americans Homeless




The GDP dropped by 32% for the second quarter. Employers have cut 55 million jobs since March, and they have not re-opened all those jobs. One million people a week are still losing their jobs. And with so much business closed or crippled, a lot of people close to the financial edge are getting pushed over it. And massive new homelessness could be a result. In fact, up to 40 million people in the U.S. could find themselves at risk of eviction over the next several months. Roughly a third of all renters nationwide failed to make a full housing payment as of the first week of August. Very soon, it is going to be a moving day for 40 million Americans. They’ll be moving from their homes and apartments, from the places they’ve raised families and made memories — not by choice, but because the evictions are starting soon. And now that the expanded unemployment benefits have expired, many renters could lose their homes. Millions of cases ready to go as soon as the moratorium on evictions ends. These people are tapped out by the millions; I can’t even imagine the hundreds of millions of collections accounts that will soon be filed. This is not going to be pretty. Forty million homeless with nothing. Sounds like the start of a massive tent city on the mall in DC, just like in the 1930s. Folks, if you thought you had seen riots so far, just wait until all those people suddenly discover everything they've been told about The American Dream is a lie. As Carlin said, "It's a big club, and you ain't a member!" They are either going to continue this Modern Money Theory and keep printing, or they are going to watch civil unrest unequaled in the nation's history. Massive federal spending has transformed America into a welfare state. The money printing goes parabolic. Civil War Cycle Heating up. The Federal, state, county and city governments of the US and similar governments around the world all caught the borrowing bug 40 plus years ago, and now none of them, nor the largest corporations, can afford to pay interest on all that debt -- so rates will go one way or another be tricked down. It is much more fun for politicians to SPEND the tax dollars they get than to waste it on paying interest for past-politicians pet projects. This will continue for some time, and anyone with a good credit score should take advantage of it before it all blows up. The future has nothing left to pull from. Everything has already been stolen from your kids. Central bank Economics is a carefully crafted scam of arbitrage to skim off of everyone's work. back in 1980, there were only 132 billion US dollars in existence … while today, there are 3,304 billion dollars in existence … that’s 25 times more US dollars in existence today than back in 1980. The FED is not the government. It is not. The FED wants the interest on money the government borrowed paid. In fact, if interest rates are raised, and the government cannot service the debt, the FED will get the money from you. You and every other citizen are ultimately responsible for the government's debts. Suppose that means a gigantic bail-in where the assets of every American are seized to pay that debt. Oh well. You see, this is not the first time this has happened. The last time the government went bankrupt, they stole all the Citizens gold to pay off the FED. What do you think they will take this time? The impending shut-down of college sports and the brazen knock-down of gold and silver prices - plus this eviction crisis - tell me that things are going from serious to really serious very fast. Everything points to even more massive fiat money-printing, which makes the 15-percent, one-day plunge in silver and the huge one-day decline in gold particularly surreal. Obviously, the economic fallout from this thing will be unimaginably worse than anything else. Elections and giving money away both have consequences. The government, which is all of us, won't be able to kick this bill down the road forever. The unemployment benefit was 900 per week from Mar to Jul. That's more than the 400 that a minimum wage worker gets a week. So why are people struggling with eviction now when they have been receiving double their usual amount for the past few months? The real world looks like this: the government stops evictions, so people don’t pay their rent for six months. After six months, when the eviction starts, you jam out of your place and leave your landlord with the unpaid rent and no way to get it from you. Find another place from all the vacant properties that were just vacated from someone else who burned their landlord for their back rent, which they didn’t pay either. Easy, happens every day all across the US. Maybe Americans need to get it through their heads. You need at least six months of safety cash. The landlord and the mortgage companies have people they gotta pay too. Most landlords are mom-and-pop operations. They have their own mortgages to pay on the property. Being able to make the monthly payment out of earnings doesn't mean you can afford a home or your rental. Having the cash to back up the next six months of living expenses does. We need to stop this outsourcing of personal responsibility. There's a saying don't bite more than what you can chew. I think the same should go to spend don't buy more than what you can pay. Drop the cable, don't eat out, get a pay as you go phone, etc. The point is, shelter is one of the basic needs, and the rent needs to get paid. Even if it means giving up what really are luxuries. There are a lot of millennials who stopped paying rent just because their friends are doing it. A lot of landlords are leaving their properties vacant until this moratorium nonsense is over. The landlords are also at risk of repo and defaults of their mortgage. They have property taxes and water bills to pay. I know landlords who are not renting out otherwise available properties until this crud is over. Landlords should get paid or be allowed to evict people. If the government wants to make payments, then fine. But you cannot force landlords to house people with no payment. The only winners in this deal will be the hedge funds and vulture capitalists who buy up rental properties that have been defaulted on by their mom-and-pop owners who can't make the payments. We've seen this movie before. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. We can also read this as 40 million people are not paying their rents, but want to continue to have free housing. How is this fair on the landlords? They bought the rental properties with their savings. Why should they be forced to provide free housing to tenants that choose not to pay their rent? Nobody gifted them those houses, and they got no stimulus check because they earn too much. How can the government justify forcing these landlords to provide free housing? How fair is that? If politicians care so much about renters, help them pay the rent. Don't shift all the burden on the landlords, because not all of them are billion-dollar corporations. Some people just don't realize that it costs money to own a house, and tenants don't take care of rental properties any more than people take care of rental cars. When they stop paying rent, the landlord is faced with a huge dilemma. Is it possible that people will learn a financial lesson from the rage of this pandemic, which is to "save for a rainy day"? It sounds antiquated but still makes lots of sense. Doubt many will pay heed to it, unfortunately. I suspect the biggest problem is the middle-class, who spent above their income level before the pandemic. Drive through some neighborhoods and see all of the new homes, SUVs, pickups, boats, etc. Probably most of them with loans with expensive full-covered insurance required. They maximized their purchasing power by financing everything, and now they can't make payments even with the [very generous] $600. Also, these forecasts are forward-looking into the next few months, so even people who did well with the $600 bonuses can no way pay a $3000 mortgage or even basic living expenses on their state's measly $300 regular unemployment. Who's fault is that? Millions of lazy, self-indulgent, and/or irresponsible Americans are their own worst enemies, failing to save for a rainy day while having babies, vacations, lattes at the Starbucks, and unlimited data latest iPhones. But the governments would like us to view them all as feckless victims of an evil oligarchy. I'm betting that most of those threatened with "housing insecurity" had every opportunity to live a fiscally responsible life but CHOSE to do otherwise and now expect responsible taxpayers to bail them out. The government is by the people. We all talk about fiscal responsibility when talking, but we don't want to sacrifice anything ourselves. We want lower taxes, we want to wage wars, we want to forgive student loans - and after all that, we complain about the government is broke. We should consider if the voting public is the problem. Those living below the poverty line have the highest rates of smoking, obesity, school dropouts, criminality, deadbeat dads, teen pregnancies, single-parent families, lottery ticket purchases, drug/alcohol abuse and (most expensive of all) BIRTH RATES among women of childbearing age. It seems like changing some of those habits could free up quite a bit of saving! If your state has a base rate of $300 and you get the $600 COVID bonus on top of that, it comes to $900/week or $22 an hour. That is three times the minimum wage. Ironically, those people getting unemployment checks will get more extra money every month than the ones still working would get back in the payroll tax deferral by the end of the year. The rest of us, the 140 million Americans, will be working to pay for all of this nonsense. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!













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Rich Dad Poor Dad is the story of Robert Kiyosaki 's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

👉The Truth About The Stock Market Bubble -- How much bigger can it Get

👉The Truth About The Stock Market Bubble -- How much bigger can it Get






Evictions, GDP numbers, unemployment, business closures. All point to an economic disaster. Meanwhile, the stock market continues to break records, especially Nasdaq. The market is 75% overvalued, but this doesn't mean anything. Everything is fake anymore. Give away 3 or 4 trillion, and the market loves it. Most businesses are losing money, and the market loves it. Could this last forever ?. This market is skating on proverbial thin ice. The stock markets are always going toward a bubble. Knowing when it (they) will pop is the answer that people don't know. “What would it take for the bubble to pop?” Can the Fed continue buying debt at the current rate of $3 billion an hour indefinitely? Can the government mandate no evictions forever? . How high can this stock market go? For perspective, it took the market four years to reach a price-earnings ratio of 25; and a market cap to GDP of 120% after the 2008 crash. The current bubble is unlike any you've ever seen. This market is running on one thing and only one thing - money printing. The Fed will keep borrowing and flooding the system with artificially cheap money. The Fed has destroyed price discovery and free markets generally. When the bubble does burst, it will yet again be Mom and Pop America who pick up the tab for the too big to fail crowd. Former Secretary of Labor Robert Reich is right in his book: THE SYSTEM IS RIGGED. Oh well, at least we had that tax cut for the ridiculously rich, which did not "trickle-down." Too many needles are pointing at this mega bubble. When it pops, it will be devastating due to the high debt to equity ratio of developed economies and the already extreme QE. My prediction is for a collapse driven by automation unemployment and voting for re-distribution of the profits of QE printing. The Power That Be will be offshore (assets in hand) before that day of reckoning comes. The Markets have been set up to be a welfare system for Global Wall St. Retirees and Foreign Sovereign Wealth Funds. Nothing Capitalist about them. Central Banks, AI, and the FED. The Stock market melt-up until the Dollar collapses, and the world resets price discovery to a new gold standard. Stagflation and unemployment for Main Street will increase while Wall Street further financialize the economy. The smoke and mirrors will continue until the Fed has lost all credibility, which my guess is only months away. The powers that be will never admit the nation is collapsing even when it is apparent to the most oblivious fool on the street. The Wall Street buzzards are simply picking over the bones of America until all wealth has been taken, and you and your family are left destitute and starving in the street. There are two markets... one for them and one for us. Their market pursues ever-increasing gain while providing nothing of value. Our market produces all that has value for very little gain. Maintaining the optics on this shit show is becoming increasingly problematic... So what is the answer...? The velvet glove will come off to reveal the iron fist inside. Is it rational to have a rally like this? No! Are the markets EVER rational? No! Trade-in a way that takes into account that markets are not rational, they don't make sense, and they can go any way on any given day for a multitude of unknown reasons. What will be the trigger for the bubble explosion? Constitutional crisis and civil unrest later this year. US Dollar currency crisis looming. Forty million people in the U.S. at risk of eviction in the next several months. The historical data would suggest debt and overspending, followed by the collapse of the currency followed by inflation, depression, and finally, revolution. The good news is we finally get rid of the lawyers and politicians. Much of this rise has been based on nothing, so it could take nothing to reverse it. Yes, the conditions that created the bubble are obvious, and the Fed-triggered bounce is too, but now it continues its expansion based on nothing. One of those days may come when the same news that was available yesterday is available today, yet all of a sudden, the herd gets spooked, and it starts a stampede for the exit. The trigger will be when the federal government decides that it can no longer continue to pump money into the economy from deficits and the Federal Reserve decides that it can no longer continue to expand its balance sheet. This will probably happen after the election. Everybody is doing what they can to stay in office. And while the Board of Governors of the Federal Reserve are not up for election, they are not immune from political pressure. Everybody's efforts in government are just putting off the inevitable. The bubble will finally deflate due to diminishing returns of Fed stimulus. Consider the size of the TARP program in 2007-8 compared to the Fed balance sheet today; at some point, Fed printing will finally fail to achieve any result. Then the game is over. When that happens, I don't know, and neither in my view, does anyone else. My Prediction--the bubble will last until the day the Fed says anything that might suggest they'll raise interest rates. When that happens, the market will instantly drop at least 5%, and the downward trend will continue steeply for several weeks and an overall correction of at least 20%. None of the buy the dip rallies will last, and the market will continue to grind lower. Next week, next month, next year, maybe 3-5 years, who knows? The bubble will pop when the bubble pops. Stay nimble. A similar thing happened on Friday, March 10, 2000, regarding a similar dot-com bubble. The following Monday, the dot-com meltdown began, ultimately wiping out years of huge tech gains. And that all happened with no pandemic, low unemployment, and NO federal budget deficit. It might not be next Monday, but this bubble's getting close to bursting. Taking some profits might be in order. Instead of a “bubble,” let’s call it what it is - inflation due to currency devaluation. It’s been happening ever since idiot Bernanke started zero interest rates and QE, and has been shifted into overdrive now by Powell. That’s why this bubble hasn’t popped because it’s the value of your money that’s being popped. The trick is diversification. Right now, hard assets are the way to go, along with TIPS and high-quality equities that will benefit from the work at home phenomena. We're headed for an inflationary nightmare, and if you own hard assets outright, you're doing very well. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. I don't have to tell you things are bad. Everybody knows things are bad. It's a depression. Everybody's out of work or scared of losing their job. The dollar buys a nickel's worth, banks are going bust, shopkeepers keep a gun under the counter, punks are running wild in the street, and there's nobody anywhere who seems to know what to do, and there's no end to it! At the moment because the stock market has detached from rational connection to the intrinsic value underlying companies and the broader economy; what we have now is an insane asylum being run by the FED crammed full of greedy lunatics betting with a never-ending supply of fake money supplied by the chief psychiatrist while looking at graphs drawn by the orderlies that keep going up. And the nurses who are handing out the meds are telling the greedy you are getting richer every day as they swallow the pills. Soon all the people working for and operating the companies that are listed on the stock exchange will start to realize that they are wasting far too much time trying to make and sell stuff that nobody wants. And they are going broke when they could all just sell everything and shut the companies down and invest in the stock market. Amazon will then realize that there is a big demand for asylums and will convert their distribution warehouses to facilities for the insanely greedy. And Tesla will automate the dispensing of pills and generate a never-ending display of rising graphs to keep the lunatics happy and so that the orderlies and nurses can join the ranks of the greedy lunatics. If this makes sense to you, then you should be able to figure out what is going on. Four times in history, the S&P PE has been higher than it is today. 1) before the I-bubble 1999 after the Fed intervention and first correction. 2) the aftermath of the I-bubble 2000. 3) the 2008 bank and deleveraging disaster. This is the 4th time that S&P PE crossed the above 28. So, let's see if history repeats itself or it rhymes! The difference is that this time we have incurred massive deficits at the fastest pace in history. Thus the bounce back has been extraordinary. But earnings have not. If this is baseball game, the Fed scored on 1st 2nd & 3rd 4th, and 5th seems to be getting ahead of the game on risk markets, now on the virus getting some game going and earnings are not showing up, other than the "forecasted" ones. So far, six weeks of immunity does not cut it for a real game-changer. It took Amazon 3.8 years (1388 days) to reach $1767. Since March (119 days), it has risen an additional $1705 to ATH of $3350. The last four months would be an almost vertical line on that time scale. The same thing can be said of Apple. That is how I know that we are in a bubble. It's not rocket science. I am not saying these companies are not worth this price, but that price is for the year 2024. I personally can't invest in bubbles at this stage. I am just too risk-averse for it. I don't understand how people keep buying. It just seems foolish and against basic common sense. I am sure that it will continue to go higher because where else are you going to put your money with rates so low. Oh yeah, the Fed has got your back just like it has since 2010. They have done an amazing job pumping the markets with QE since then. I wish I could show the charts and how they manipulated it and the results. It is quite an amazing feat. Long gone is a free market based on fundamentals. The only thing now is how high can it go. The moral collapse has already happened. The rest is just a consequence of the moral collapse. This would be a good time to remind people that if you haven't read When Money Dies yet, you need to. Easily the most readable book on hyperinflation in print, with a lot of good lessons to have under your belt for what's coming, because this time is not going to be different. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!


























Rich Dad Poor Dad is the story of Robert Kiyosaki 's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.