• Roger Stone: There Is EPIC Corruption Under This Bankruptcy Trustee! He Is Guaranteed To Be Sued!
    https://www.bitchute.com/video/G4HAyNVgPgsw/?list=notifications&randomize=false
    Roger Stone: There Is EPIC Corruption Under This Bankruptcy Trustee! He Is Guaranteed To Be Sued! https://www.bitchute.com/video/G4HAyNVgPgsw/?list=notifications&randomize=false
    WWW.BITCHUTE.COM
    Roger Stone: There Is EPIC Corruption Under This Bankruptcy Trustee! He Is Guaranteed To Be Sued!
    The Truth Cannot Be Silenced, And Alex Jones Is Proof Of That Fact. https://x.com/RogerJStoneJr **Alex Jones VIP Club Is NOW LIVE! Save 10%-40% off everything at The Alex Jones Store while getting $40.00 FREE store credit every month! Learn more HERE! https://thealexjonesstore.com/products/alex-jones-vip-club-copy?selling_plan=5497979099 **HUGE! The Lost Alex Jones Tapes From 2001-2008 are NOW AVAILABLE at a limited-time
    0 Comments 0 Shares 113 Views
  • EVERY LAST ONE OF THESE CORPORATIONS
    NEED TO BE BANKRUPTED!

    These are ALL #Satanic owned and operated corporate #Criminals, who have been taking part in a Freemasonic "Order out of Chaos" scheme against YOU!

    NOW they wanna play nice, so you'll forget all about the scumbags saying that "Whiteness is bad" and ALL WHITE PEOPLE are "privileged" and are born #Racists!

    If you forget that sh*t you are pathetic!
    Every last one of them done what they did because they are owned in part by #BlackRock or #Vanguard

    Every last one of these scumbag corporations want you DEAD!
    They are "All in" on the depopulation scheme!

    These SAME CORPORATIONS were likely also telling their employees "Take the #Genocide JAB or you have no job"
    (Despite this being unlawful)
    Did being illegal stop them? NO, it didn't!

    And that is because they are Satanic Criminals and scumbags to boot!

    The Retreat Of DEI In Corporate America
    https://www.zerohedge.com/political/retreat-dei-corporate-america
    EVERY LAST ONE OF THESE CORPORATIONS NEED TO BE BANKRUPTED! These are ALL #Satanic owned and operated corporate #Criminals, who have been taking part in a Freemasonic "Order out of Chaos" scheme against YOU! NOW they wanna play nice, so you'll forget all about the scumbags saying that "Whiteness is bad" and ALL WHITE PEOPLE are "privileged" and are born #Racists! If you forget that sh*t you are pathetic! Every last one of them done what they did because they are owned in part by #BlackRock or #Vanguard Every last one of these scumbag corporations want you DEAD! They are "All in" on the depopulation scheme! These SAME CORPORATIONS were likely also telling their employees "Take the #Genocide JAB or you have no job" (Despite this being unlawful) Did being illegal stop them? NO, it didn't! And that is because they are Satanic Criminals and scumbags to boot! The Retreat Of DEI In Corporate America https://www.zerohedge.com/political/retreat-dei-corporate-america
    0 Comments 0 Shares 462 Views


  • Edward Mandel House

    He said in a letter to President Woodrow Wilson [1913-1921]:

    "[Very] soon, every American will be required to register their biological property in a National system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will affect our security as a charge-back for our fiat paper currency.

    Every American will be forced to register or suffer not being able to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions. Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans; and, if by accident one or two would figure it out, we have in our arsenal plausible deniability.

    After all, this is the only logical way to fund government, by floating liens and debt to the regstrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud, which we will call "Social Insurance (SSI)".

    Without realizing it, every American will insure us for any loss we may incur, and in this manner every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption; and we will employ the high office of the President of our dummy corporation to foment this plot against America."
    Edward Mandel House He said in a letter to President Woodrow Wilson [1913-1921]: "[Very] soon, every American will be required to register their biological property in a National system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will affect our security as a charge-back for our fiat paper currency. Every American will be forced to register or suffer not being able to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions. Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans; and, if by accident one or two would figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debt to the regstrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud, which we will call "Social Insurance (SSI)". Without realizing it, every American will insure us for any loss we may incur, and in this manner every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption; and we will employ the high office of the President of our dummy corporation to foment this plot against America."
    0 Comments 0 Shares 576 Views
  • IF IT PLEASES The Crown, may we not have Yet ANOTHER Interest payment on top of all the other interest payments on federal borrowing BANKRUPTING the Canadian citizen?
    #MTMFS
    IF IT PLEASES The Crown, may we not have Yet ANOTHER Interest payment on top of all the other interest payments on federal borrowing BANKRUPTING the Canadian citizen? #MTMFS
    0 Comments 0 Shares 169 Views

  • Zalma’s Insurance Fraud Letter – November 1, 2024

    ZIFL – Volume 28 Number 21

    Posted on November 1, 2024 by Barry Zalma

    Post 4924

    See the full video at and at

    Subscribe to ZIFL at https://visitor.r20.constantcontact.com/manage/optin?v=001Gb86hroKqEYVdo-PWnMUkcitKvwMc3HNWiyrn6jw8ERzpnmgU_oNjTrm1U1YGZ7_ay4AZ7_mCLQBKsXokYWFyD_Xo_zMFYUMovVTCgTAs7liC1eR4LsDBrk2zBNDMBPp7Bq0VeAA-SNvk6xgrgl8dNR0BjCMTm_gE7bAycDEHwRXFAoyVjSABkXPPaG2Jb3SEvkeZXRXPDs%3D

    The Source for the Insurance Fraud Professional

    Zalma’s Insurance Fraud Letter (ZIFL) continues its 28th year of publication dedicated to those involved in reducing the effect of insurance fraud. ZIFL is published 24 times a year by ClaimSchool and is written by Barry Zalma. It is provided FREE to anyone who visits the site at http://zalma.com/zalmas-insurance-fraud-letter-2/ This issue contains the following articles about insurance fraud:

    Pill Mill Doctor’s Conviction Affirmed

    HEALTH CARE FRAUD CONVICTION AFFIRMED

    ACTING AS A DR. FEEL GOOD IS A FEDERAL CRIME

    According to the Sixth Circuit Dr. David Jankowski’s medical clinics relied on several unusual billing and prescription practices, many of which were illegal and Jankowski fraudulently billed Medicare for services he did not provide and prescribed controlled substances to patients whose conditions did not call for such treatment, with some patients unlawfully trafficking their prescribed drugs.

    In United States Of America v. David Jankowski, M.D., No. 23-1404, United States Court of Appeals, Sixth Circuit (October 23, 2024) the Sixth Circuit disposed of the fraudsters claims on appeal.

    Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf

    More McClenny Moseley & Associates Issues

    This is ZIFL’s thirty sixth installment of the saga of McClenny, Moseley & Associates and its problems with the federal courts in the State of Louisiana and what appears to be an effort to profit from what some Magistrate and District judges indicate may be criminal conduct to profit from insurance claims relating to hurricane damage to the public of the state of Louisiana.

    10/24/2024

    MMA BANKRUPTCY HEARING TO DECIDE WHETHER TRUSTEE WILL BE APPOINTED

    Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf

    Injured While Drunk on the Job Gets Workers’ Compensation Benefits

    An appellate court in New York has upheld a decision of the Workers’ Compensation Board in favor of an injured employee of an electrical contractor company because intoxication was not the sole cause of the accident.

    Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf

    Man Bites Dog Story:

    Fraudsters Arbitration Attempts Stopped

    Arbitration Stayed for Suspected Chiropractors’ Fraudulent No Fault Medical Claims

    Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf

    In Government Employees Insurance Company, (“GEICO”) v. Didier Demesmin, M.D., et al, No. 23-CV-6191 (ARR) (MMH), United States District Court, E.D. New York (October 23, 2024) GEICO sought to enjoin defendants Manuel A. Mendoza, D.C. and Mendoza Chiropractic Office PC (collectively the “Mendoza Defendants”) from pursuing certain “no-fault” insurance collection arbitrations or initiating new collections proceedings during the pendency of this lawsuit.

    Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf

    Health Insurance Fraud Convictions

    Louisiana Nursing Home Owner to Pay $8.2M for Misusing Assets During Ida

    Bob Dean Jr a Louisiana nursing home owner and several companies he operated have agreed to an $8.2 million consent judgment to resolve allegations that they misappropriated and misused the assets and income of four nursing homes in Louisiana before and after Hurricane Ida’s landfall in August 2021.

    Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf

    Officer Caught Aiding Criminals for Cash

    Police Officer who took Bribes from Insurance Fraudster Convicted

    Demarkco Johnson (“Johnson”), appealed his convictions for taking bribes about insurance fraud.

    Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf

    Convictions of Other Than Health Insurance Fraud

    Former Lake Forest Agent Convicted On 90 Counts Of Insurance Fraud After Stealing Nearly $200,000 In Premium Payments

    Karen Marie Dondanville, 56, of Mission Viejo, California, a former Lake Forest insurance agent was convicted on 90 counts of insurance fraud after stealing nearly $200,000 in premium payments.

    Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf

    The Need to Understand the Mutability of Memory

    Investigators and lawyers believe what they are told by eye witnesses who describe what he or she says with conviction. However, every professional investigator or litigator must know that memory is not necessarily accurate because very few people have a perfect eidetic (photographic) memory. Memory is a fluid and often unreliable human function.

    Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf

    Barry Zalma, Inc., 4441 Sepulveda Boulevard, CULVER CITY CA 90230-4847, 310-390-4455. Subscribe to Excellence in Claims Handling at https://barryzalma.substack.com/welcome. Go to the podcast Zalma On Insurance at https://podcasters.spotify.com/pod/show/barry-zalma/support; Write to Mr. Zalma at [email protected]; http://www.zalma.com; http://zalma.com/blog. Go to Zalma’s Insurance Fraud Letter at https://zalma.com/zalmas-insurance-fraud-letter-2/; Go to X @bzalma; Go to Barry Zalma videos at Rumble.com at https://rumble.com/c/c-262921; Go to the Insurance Claims Library – https://zalma.com/blog/insurance-claims-library/ and GTTR at https://gettr.com/@zalma

    Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf
    Zalma’s Insurance Fraud Letter – November 1, 2024 ZIFL – Volume 28 Number 21 Posted on November 1, 2024 by Barry Zalma Post 4924 See the full video at and at Subscribe to ZIFL at https://visitor.r20.constantcontact.com/manage/optin?v=001Gb86hroKqEYVdo-PWnMUkcitKvwMc3HNWiyrn6jw8ERzpnmgU_oNjTrm1U1YGZ7_ay4AZ7_mCLQBKsXokYWFyD_Xo_zMFYUMovVTCgTAs7liC1eR4LsDBrk2zBNDMBPp7Bq0VeAA-SNvk6xgrgl8dNR0BjCMTm_gE7bAycDEHwRXFAoyVjSABkXPPaG2Jb3SEvkeZXRXPDs%3D The Source for the Insurance Fraud Professional Zalma’s Insurance Fraud Letter (ZIFL) continues its 28th year of publication dedicated to those involved in reducing the effect of insurance fraud. ZIFL is published 24 times a year by ClaimSchool and is written by Barry Zalma. It is provided FREE to anyone who visits the site at http://zalma.com/zalmas-insurance-fraud-letter-2/ This issue contains the following articles about insurance fraud: Pill Mill Doctor’s Conviction Affirmed HEALTH CARE FRAUD CONVICTION AFFIRMED ACTING AS A DR. FEEL GOOD IS A FEDERAL CRIME According to the Sixth Circuit Dr. David Jankowski’s medical clinics relied on several unusual billing and prescription practices, many of which were illegal and Jankowski fraudulently billed Medicare for services he did not provide and prescribed controlled substances to patients whose conditions did not call for such treatment, with some patients unlawfully trafficking their prescribed drugs. In United States Of America v. David Jankowski, M.D., No. 23-1404, United States Court of Appeals, Sixth Circuit (October 23, 2024) the Sixth Circuit disposed of the fraudsters claims on appeal. Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf More McClenny Moseley & Associates Issues This is ZIFL’s thirty sixth installment of the saga of McClenny, Moseley & Associates and its problems with the federal courts in the State of Louisiana and what appears to be an effort to profit from what some Magistrate and District judges indicate may be criminal conduct to profit from insurance claims relating to hurricane damage to the public of the state of Louisiana. 10/24/2024 MMA BANKRUPTCY HEARING TO DECIDE WHETHER TRUSTEE WILL BE APPOINTED Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf Injured While Drunk on the Job Gets Workers’ Compensation Benefits An appellate court in New York has upheld a decision of the Workers’ Compensation Board in favor of an injured employee of an electrical contractor company because intoxication was not the sole cause of the accident. Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf Man Bites Dog Story: Fraudsters Arbitration Attempts Stopped Arbitration Stayed for Suspected Chiropractors’ Fraudulent No Fault Medical Claims Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf In Government Employees Insurance Company, (“GEICO”) v. Didier Demesmin, M.D., et al, No. 23-CV-6191 (ARR) (MMH), United States District Court, E.D. New York (October 23, 2024) GEICO sought to enjoin defendants Manuel A. Mendoza, D.C. and Mendoza Chiropractic Office PC (collectively the “Mendoza Defendants”) from pursuing certain “no-fault” insurance collection arbitrations or initiating new collections proceedings during the pendency of this lawsuit. Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf Health Insurance Fraud Convictions Louisiana Nursing Home Owner to Pay $8.2M for Misusing Assets During Ida Bob Dean Jr a Louisiana nursing home owner and several companies he operated have agreed to an $8.2 million consent judgment to resolve allegations that they misappropriated and misused the assets and income of four nursing homes in Louisiana before and after Hurricane Ida’s landfall in August 2021. Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf Officer Caught Aiding Criminals for Cash Police Officer who took Bribes from Insurance Fraudster Convicted Demarkco Johnson (“Johnson”), appealed his convictions for taking bribes about insurance fraud. Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf Convictions of Other Than Health Insurance Fraud Former Lake Forest Agent Convicted On 90 Counts Of Insurance Fraud After Stealing Nearly $200,000 In Premium Payments Karen Marie Dondanville, 56, of Mission Viejo, California, a former Lake Forest insurance agent was convicted on 90 counts of insurance fraud after stealing nearly $200,000 in premium payments. Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf The Need to Understand the Mutability of Memory Investigators and lawyers believe what they are told by eye witnesses who describe what he or she says with conviction. However, every professional investigator or litigator must know that memory is not necessarily accurate because very few people have a perfect eidetic (photographic) memory. Memory is a fluid and often unreliable human function. Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf Barry Zalma, Inc., 4441 Sepulveda Boulevard, CULVER CITY CA 90230-4847, 310-390-4455. Subscribe to Excellence in Claims Handling at https://barryzalma.substack.com/welcome. Go to the podcast Zalma On Insurance at https://podcasters.spotify.com/pod/show/barry-zalma/support; Write to Mr. Zalma at [email protected]; http://www.zalma.com; http://zalma.com/blog. Go to Zalma’s Insurance Fraud Letter at https://zalma.com/zalmas-insurance-fraud-letter-2/; Go to X @bzalma; Go to Barry Zalma videos at Rumble.com at https://rumble.com/c/c-262921; Go to the Insurance Claims Library – https://zalma.com/blog/insurance-claims-library/ and GTTR at https://gettr.com/@zalma Read the full article and all 18 pages of ZIFL at https://zalma.com/blog/wp-content/uploads/2024/10/ZIFL-11-01-2024.pdf
    0 Comments 0 Shares 2K Views
  • Why do I get the sense that any given compensation rate to COVID vaccine victims and their families might be a figure and rate so high, that it might bankrupt most governments?
    Why do I get the sense that any given compensation rate to COVID vaccine victims and their families might be a figure and rate so high, that it might bankrupt most governments?
    EXCLUSIVE: Trudeau’s Vaccine Injury Support Program struggles to calculate compensation for victims, especially children!
    VISP is turning out to be a failure in action, with administrators noting they are overwhelmed by an unexpectedly high volume of claims. They say that compensation for injured children, in particular, is nearly impossible to calculate since they have no income history to determine potential earnings.
    #NoMoreLiberalsAndNDP
    #SayingTheQuietPartOutLoud
    #resigntrudeau
    #JustSayNoMore
    https://www.rebelnews.com/exclusive_trudeau_s_vaccine_injury_support_program_struggles_to_calculate_compensation_for_victims_especially_children
    WWW.REBELNEWS.COM
    EXCLUSIVE: Trudeau’s Vaccine Injury Support Program struggles to calculate compensation for victims, especially children
    Troubling details about the federal government’s Vaccine Injury Support Program (VISP) continue to come to light as this program was ill-prepared for such a high number of claims.
    0 Comments 0 Shares 245 Views
  • "OBAMANOMICS" = "BIDENOMICS" = "KAMALANOMICS"... (IT'S WORKING!!!!)
    ...[SOON, YOU'LL OWN NOTHING!!!!!!!!!]....

    https://www.iheart.com/content/2024-10-16-another-discount-retailer-declares-bankruptcy-closing-all-stores/
    "OBAMANOMICS" = "BIDENOMICS" = "KAMALANOMICS"... (IT'S WORKING!!!!) ...[SOON, YOU'LL OWN NOTHING!!!!!!!!!].... https://www.iheart.com/content/2024-10-16-another-discount-retailer-declares-bankruptcy-closing-all-stores/
    Angry
    2
    1 Comments 0 Shares 381 Views
  • Massive Unrest in 2024 No Matter Who Wins – Bill Holter
    https://rumble.com/v5fql3p-massive-unrest-in-2024-no-matter-who-wins-bill-holter.html

    Financial writer and precious metals broker Bill Holter says the latest .5% rate cut by the Fed shows something is very wrong with the economy. There were some big reported problems a few months ago with the yen carry trade blowing up and 63 banks hiding $500 billion in losses. Now, billionaire investor Warren Buffett is selling off millions of shares in BofA stock, inflation has surged, along with business bankruptcies in America, and total household debt and federal debt has hit new all-time highs. This is just scratching the surface of the financial problems that are already here. The world is wrestling with unpayable debt everywhere. So, why the big rate cut now when the Fed says the economy is going great? Holter says, “I think there is absolute desperation. They look at the poll numbers, and they realize they are not going to be able to cheat enough to win. They certainly know behind the scenes that the entire system, including the Federal Reserve and including the Treasury, is all insolvent. So, yeah, there is absolute desperation. I was saying 10 years ago they would ultimately kick the table over because that’s the way to cover their tracks. They don’t want fingers pointed at them. So, what do you do? You nuke a city. Oh, then they can’t have an election, and their tracks get covered. . . .My odds for not having an election in November are now 65% to 70% we don’t have an election.”

    Holter says keep your eyes on the BRICS (Brazil, Russia, India, China and South Africa) and the real possibility of them starting to settle trade in something other than US dollars sooner than later. This is extremely dollar negative and highly inflationary. Holter contends we are going to see a massive credit crisis, and that will “bring things to a screeching halt.” Holter explains, “Nothing will function if credit ceases. It is used in every single process everywhere for everything. So, if credit breaks, and confidence breaks and credit is not forthcoming, then nothing is forthcoming. . . . You get some sort of credit event. Then stores are going to be wiped out immediately, but they are not going to be resupplied.”

    Holter has long warned about a real-life Mad Max apocalyptic world where people scrounge for what they need to survive. Holter says, “Every day you wake up, you are only 72 hours away. I can’t tell you when this is going to happen. All I can say is the financial system in the West is untenable. From a math standpoint, this Mad Max scenario is going to happen. . . . When I first talked about Mad Max in 2017, I got an absolute rash of crap in emails and comments that said I was crazy, you are nuts, Mad Max will never happen because this is America. Now, it seems to me it’s common that people are using the term Mad Max over the last few years.”

    Holter told me he no longer gets any negative comments when he brings up the Mad Max world he sees coming.

    Holter says, “If there is an election, no matter who wins, there is going to be massive unrest. If Trump wins, there will be unrest that is paid for (by Democrats and the Deep State). And if Kamala wins, you will finally see polite conservatives, who have followed the rule of law, who are finally going to say that’s the last straw. So, I believe no matter who wins, there will be massive rioting and massive strife, and it could get to civil war. We could see that.”

    In closing, Holter says, “The country has been hollowed out in every way possible. One of the biggest hollowing outs is the country has specifically, from a government and school standpoint, turned away from God. . . . If you live in a city, you are not going to make it—end of story. . . . Once you get derivatives cascading, it’s a 72-hour event, and no markets will open anywhere. When markets don’t open, that means there is no more credit. When there is no credit, the real economy stops.”
    Massive Unrest in 2024 No Matter Who Wins – Bill Holter https://rumble.com/v5fql3p-massive-unrest-in-2024-no-matter-who-wins-bill-holter.html Financial writer and precious metals broker Bill Holter says the latest .5% rate cut by the Fed shows something is very wrong with the economy. There were some big reported problems a few months ago with the yen carry trade blowing up and 63 banks hiding $500 billion in losses. Now, billionaire investor Warren Buffett is selling off millions of shares in BofA stock, inflation has surged, along with business bankruptcies in America, and total household debt and federal debt has hit new all-time highs. This is just scratching the surface of the financial problems that are already here. The world is wrestling with unpayable debt everywhere. So, why the big rate cut now when the Fed says the economy is going great? Holter says, “I think there is absolute desperation. They look at the poll numbers, and they realize they are not going to be able to cheat enough to win. They certainly know behind the scenes that the entire system, including the Federal Reserve and including the Treasury, is all insolvent. So, yeah, there is absolute desperation. I was saying 10 years ago they would ultimately kick the table over because that’s the way to cover their tracks. They don’t want fingers pointed at them. So, what do you do? You nuke a city. Oh, then they can’t have an election, and their tracks get covered. . . .My odds for not having an election in November are now 65% to 70% we don’t have an election.” Holter says keep your eyes on the BRICS (Brazil, Russia, India, China and South Africa) and the real possibility of them starting to settle trade in something other than US dollars sooner than later. This is extremely dollar negative and highly inflationary. Holter contends we are going to see a massive credit crisis, and that will “bring things to a screeching halt.” Holter explains, “Nothing will function if credit ceases. It is used in every single process everywhere for everything. So, if credit breaks, and confidence breaks and credit is not forthcoming, then nothing is forthcoming. . . . You get some sort of credit event. Then stores are going to be wiped out immediately, but they are not going to be resupplied.” Holter has long warned about a real-life Mad Max apocalyptic world where people scrounge for what they need to survive. Holter says, “Every day you wake up, you are only 72 hours away. I can’t tell you when this is going to happen. All I can say is the financial system in the West is untenable. From a math standpoint, this Mad Max scenario is going to happen. . . . When I first talked about Mad Max in 2017, I got an absolute rash of crap in emails and comments that said I was crazy, you are nuts, Mad Max will never happen because this is America. Now, it seems to me it’s common that people are using the term Mad Max over the last few years.” Holter told me he no longer gets any negative comments when he brings up the Mad Max world he sees coming. Holter says, “If there is an election, no matter who wins, there is going to be massive unrest. If Trump wins, there will be unrest that is paid for (by Democrats and the Deep State). And if Kamala wins, you will finally see polite conservatives, who have followed the rule of law, who are finally going to say that’s the last straw. So, I believe no matter who wins, there will be massive rioting and massive strife, and it could get to civil war. We could see that.” In closing, Holter says, “The country has been hollowed out in every way possible. One of the biggest hollowing outs is the country has specifically, from a government and school standpoint, turned away from God. . . . If you live in a city, you are not going to make it—end of story. . . . Once you get derivatives cascading, it’s a 72-hour event, and no markets will open anywhere. When markets don’t open, that means there is no more credit. When there is no credit, the real economy stops.”
    0 Comments 0 Shares 1K Views
  • https://forex-strategy.com/2024/09/15/the-end-of-the-german-economy-is-coming-companies-over-200-years-old-are-going-bankrupt/
    The end of the German economy is coming - Companies over 200 years old are going bankrupt
    #germany #business #finance
    https://forex-strategy.com/2024/09/15/the-end-of-the-german-economy-is-coming-companies-over-200-years-old-are-going-bankrupt/ The end of the German economy is coming - Companies over 200 years old are going bankrupt #germany #business #finance
    0 Comments 0 Shares 457 Views
  • https://thewashingtonstandard.com/bankruptcies-spike-again-as-americas-economic-slowdown-accelerates/
    https://thewashingtonstandard.com/bankruptcies-spike-again-as-americas-economic-slowdown-accelerates/
    THEWASHINGTONSTANDARD.COM
    Bankruptcies Spike Again As America’s Economic Slowdown Accelerates - The Washington Standard
    Large businesses are declaring bankruptcy at a staggering rate, and yet we are being told over and over again that the economy is just fine. Needless to say, most of the country isn’t buying it. Survey after survey has shown that most Americans believe that the economy is on the wrong ...
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