Note to reader; a similar type of phenomenon is already sweeping the Western nations as house prices continue their relentless climb, and the relatively inexpensive home values of the United States will keep marching higher as well. As the Federal Reserve grapples with problems it helped to cause, asset prices of all sorts, especially housing prices, will continue to move higher, despite predictions to the contrary.
The monetary system of the United States in a post-QE world has deteriorated quite markedly since the COVID-19 fiscal and monetary programs were announced. Keep in mind that President Trump established the profligate precedent during his last year in office. Monetary policy in the United States is quickly mirroring those of some post-industrial second-world nations.
Top Indian Cities Post 23% Jump in House Prices, Consultant Says
The NCR [National Capital region] saw the highest jump in average property price, advancing 56% to more than 14.5 million rupees, it said. Bangalore came in second with 44%, followed by Hyderabad with 37%.
(Bloomberg) — Buying homes in major Indian cities has become costlier as rising demand for luxury units has boosted overall property prices, according to real estate consultancy firm ANAROCK.
The average house price in top seven cities, including the capital New Delhi and the financial hub Mumbai, climbed 23% from a year earlier to 12.3 million rupees ($145,707) during April-September, the Mumbai-based company said in a report on Wednesday. More than 227,400 units were sold in those urban areas during the first half of the fiscal year, it said.
“Despite a 3% drop in overall unit sales, the total sales value outstripped that of a year ago by 18%, clearly demonstrating the unrelenting demand for luxury homes,” said Anuj Puri, chairman of the Mumbai-based company.
Developers in the South Asian nation are racing to build new residences to match the rising demand. DLF Ltd., the country’s largest real estate developer by market value, announced that new sales bookings in the first quarter more than tripled to 64 billion rupees, with the builder expecting bookings of 170 billion rupees in the fiscal year ending March 2025.
Overall equity investments in India’s real estate sector are set to hit a record this year, surpassing $10 billion for the first time, according to a joint report by CBRE South Asia Pvt. and the Confederation of Indian Industries. It’s driven by a resurgence in inflows in built-up office assets and a strong acquisition pipeline for land in the residential sector, it said. Cities such as the NCR region, Mumbai and Bengaluru remained the preferred markets, the report said.
Bloomberg News reported earlier this year that wealthy Indians living abroad are snapping up luxury homes in the nation. They are expected to make up almost a fifth of all home sales by 2025, according to a report by Bengaluru-based property platform NoBroker.com.
The Mumbai Metropolitan Area witnessed the largest sales volume, followed by Pune, a city in the Western state of Maharashtra, and the National Capital Region, which includes Delhi and its neighboring areas, ANAROCK said.
The NCR saw the highest jump in average property price, advancing 56% to more than 14.5 million rupees, it said. Bangalore came in second with 44%, followed by Hyderabad with 37%.
With Charles Schwab looking to get into the crypto trading game, I would not want to be owning Coinbase COIN as a Bitcoin proxy.
Coinbase has had a virtual monopoly on crypto trading and has charged exorbitant amounts of trading fees. I suspect this will all be coming to an end once the Trump train gets in office.
If Schwab gets the green light to allow crypto trading, I would begin to accumulate a lot of these alt coins like BCH, LTC, etc. I could see money flowing into it if broker dealers like Schwab allow trading for its clients.
Charles Schwab Eyes Spot Crypto Trading Once Regulations Change
Competition for retail investors’ dollars has intensified since the pandemic and even more so since the US presidential election.
(Bloomberg) — Charles Schwab Corp.’s incoming chief executive officer, Rick Wurster, said the firm is looking to offer spot cryptocurrency trading once US regulations make doing so easier — something that’s more likely once President-elect Donald Trump takes office.
“We will get into spot crypto when the regulatory environment changes, and we do anticipate that it will change, and we’re getting ready for that eventuality,” Wurster, currently Schwab’s president, said in a Bloomberg Radio interview Thursday.
Competition for retail investors’ dollars has intensified since the pandemic and even more so since the US presidential election, which spurred the “Trump trade” and its explosion of market activity. Schwab has long been in the space, alongside Fidelity Investments and Interactive Brokers Group Inc., and they face challenges from newer firms such as Robinhood Markets Inc. and Webull. Both upstarts and incumbents have competed to roll out new product offerings for investors.
Cryptocurrency has played a part in that competition. Schwab, for example, currently offers crypto-linked exchange-traded funds and crypto futures.
“Crypto has certainly caught many’s attention, and they’ve made a lot of money doing it,” Wurster said. “I have not bought crypto, and now I feel silly.”
Wurster said he’s not planning on investing in crypto for the time being, but he supports Schwab clients who wish to do so.
Schwab is facing a leadership change at the start of the year as Walt Bettinger cedes the CEO role to Wurster. Bettinger turns 65 next year and has led Schwab since 2008, and Wurster’s been with Schwab since 2016 and president since 2021.
Also in Thursday’s interview, Wurster said artificial intelligence is likely to have a substantial impact on the wealth-management business.
“It used to be that 60,000 times a month, we would have a phone rep spend more than three minutes searching for a piece of information to answer a client question,” he said. “Now we have built an AI capability that finds that information in seconds.”
Based on that news, SCHW would now be one to watch and could go higher. Hovering in the 80’s currently and almost has recaptured it’s Covid high. I’m sure it will be like Paypal and only offer BTC and the basic coins with extra fees, although they may offer alt coins. Good for those that don’t want to deal with a digital wallet and lengthy unchangable password codes. Of course this all relies on the BTC pump to keep the price high. Many are waiting for terrible news or an event that tanks it, they have the popcorn and now want to see that car crash.
I have a Coinbase account and use it for trading crypto, but I would close that out immediately if Schwab allowed for crypto trading. I already have my trading account and money market fund monies at Schwab. I’m certain Schwab would charge a lot less as well.
Current market cap of crypto is something in the area of $3T. I have seen projections for that to reach $7T in the near future based on the previous pre-pump/pump/mega pump pattern. Real world asset coins (RWA) only have like $7B market value – the mega pump could see a lot of money flow into those and take BTC, LTC, ETH etc. much higher. The other idea (possible objective) of backing debt with crypto seems to make this projection more probable than a major crash in crypto.
Crypto likes to run into the Xmas holidays. I see the run correcting around when the Xmas holidays begin. It’s traditionally like that with stocks, too. Less liquidity and more happiness is a toxic mix.
The Treasury markets approve of the Bessent Treasury Secretary pick.
Personally, I don’t think whoever runs the US Treasury matters anymore. The damage that Janet Yellon accomplished is everlasting. By concentrating Treasury debt financing at the short end of the yield curve, she created a grievous burden for the US Government over the next several years….
MSTR is cornering the BTC market and driving up prices. It purchased 55,500 BTC for $5.4 billion at an average price of $97,862. Bitcoin’s price is very sensitive to these types of oversized transactions and when MSTR ceases their purchasing foolishness, BTC’s price could really crater as that lack of buying can create a short-term and nasty air pocket.
MSTR should have been buying hand over fist when Bitcoin was trading in the $66,000 range last month.
With the USDX at 107, the US dollar is very strong versus its peers. It’s too strong as the United States Treasury yields and its overnight rates are still elevated versus the other major economies.
Russia needs to get rid of Vladimir Putin. He’s been in power too long and he’s become a Cancer and a millstone on the Russian economy and its people.
Here is a excerpt on NATO position on the Ukraine/Russian war:
NATO is discussing the possibility of preemptive precision strikes on the territory of Russia in the event of an armed conflict with the alliance countries. This was stated at a conference in Brussels by the head of the Military Committee of the bloc, Admiral Rob Bauer.
He called positive the fact that NATO has changed its attitude to the essence of the organization as a defense alliance, as well as the perception that it is necessary to “sit and wait for us to be attacked” and only then react.
IF this were true do you really think they would be announcing it in the mainstream media? How many more clues does anyone need, to know this is a hoax. Gotta have that hokey Hollywood produced frontline battle footage to please all the overweight arm chair cellphone watching Generals posting on interent forums.
Are the markets waiting on a fake explosion on USA soil to tank, or do they know better and no sell off is needed…kinda funny how they advertise basically bottle rockets hitting a dirt field in Israel and oil goes up a notch. Sad!
When the BRI project moves to the Atlantic Coastal region, we’ll see the climate change tidal waves and hurricane flooding reports hitting the headlines…and 100’s of billions more dollars will be needed for clothing, food, and shelter to help the “survivors”. How can the USA government say NO to that…
It’s really odd that nobody of any authority has come forward exposing these hoaxes, not even a leak of truth. Yet average joe nobodies that post here and other forums do.
Bear in the Kremlin, Bull going to the White House.
I get what you are saying, people said the same thing when MSTR was buying at $30k. Seems like money doesn’t matter anymore.
I was reading stories about the Northvolt bankruptcy, it is mind boggling how that much money can be squandered with nothing to show for it. In the 90s we fought weeks for less than $100k showing easy 6 month payback.
Excellent primer for SFR investor newcomers….
20 Reasons Why Investors Are Moving to Affordable Real Estate Markets
November 21, 2024
Real Estate
The housing market is continuously fluctuating. Homebuyers and investors are constantly looking to enter markets that offer them the best potential for high returns. A few affordable markets are emerging as contenders in this space. This has led many real estate investors to look at markets that are much more affordable for various reasons, including the promise of higher returns. These are 20 reasons why investors are moving to affordable real estate markets:
https://www.hashtaginvesting.com/blog/20-reasons-why-investors-are-moving-to-affordable-real-estate-markets
I don’t know about you all, but this whole Trump thing with Elon Musk and everyone else feels like a government that was burped up from the gates of hell
How so?
If someone is remaining detached from all this politicizing, there’s really no difference on what’s going on with Trump versus his supposed enemies. Why is someone like Musk even getting involved?
The worst part is that the former truther movement has been fully submerged into this and will go along with whatever Trump says. There are very few people left who have not become politicized. Very few.
I’m not talking about a collapse in the financial markets or anything like that. Actually, quite the contrary.
I suspect this country is being set up and the people like Alex Jones and everyone else will be behind Trump and Musk regardless of what happens.
The best outcome we could achieve is for the Democrats to retake the house in 2026.
•Musk is for electrifying the entire transportation system and giving us an EV in every garage.
•Musk is for pushing a cryptocurrency system that will render all private transactions obsolete.
•Musk is for putting brain chips in our heads.
•Musk is for working with the federal government to put up a track and trace satellite system to monitor everything we do.
Musk is the wealthiest public figure in the world for a reason. He’s carrying out his role extremely well and his X feed is all over Zero Hedge and the other alternative media charlatans.
If he were a Democrat, the supposed dumbed down truthers would be looking to lynch him.
Ah f*** it. I don’t even know why I have the blog anymore as I continue to lose readers.
I read an article on Makow’s website that shits all over the prophet Isaiah. The whole irony about the article is that it actually supports Jews as the chosen people and puts down Christians as buffoons.
That’s the problem with supposed Jewish truthers. How can one understand the truth when they’re not even Christian nor biblically oriented? How can someone aspire to know all the truth when they’re stuck in a group or organization, or they identify with a particular persuasion or church?
He probably has at least 10,000 daily readers. I probably have 20. And the number of people who stop by my blog diminishes by the day.
He is likely more influenced by Judaism than he realizes. This is a problem for lots of mainstream Christian churches ad well as many independent groups. Judaism is deception! It is a world view that is deception! Of course we know who there father is!
The problem with today’s Jews is their scriptures only cover half of God’s story. In fact, the rabbis don’t even read the Torah. They instead follow the Talmud which is a satanic twisted interpretation of the Old Testament with a lot of embellishments inspired by Lucifer. Today’s Jews are lead by and follow these crooked rabbis.
That all said above it is a no brainer that Jews don’t understand the most high God that gave us Jesus Christ.
Makow and his people are of their father, the devil, and do his work. Piss on him and all of the rest of his people. They are evil to the core.
Whites are too naive and nice for our own good. They know damn well who they are and who we really are. There’s no doubt the ones I have known did although they would never admit it. They certainly try to manipulate us every opportunity they have.
I long for the day the Book of Obadiah plays out and they are erased from existence as that is what they wish for the people I love and my people as a whole.
When God wants man to know the victory is from Him and not man He uses small numbers of people.
We should count our blessings He has shown us the truth. I thank God every day for your blog and others out there who proclaim the truth.
When I was first shown the truth over a decade ago it was a very lonely experience. I am glad I have been guided to find like minded people on the internet as I have never met another in person.
God Bless!
Well said! Bravo!
Evidently, Musk’s xAI firm is worth $50 billion based on funding rounds. This man represents everything that is antithetical to personal freedom.
That’s probably why Musk is on Trump’s side so he won’t get lynched by the so called Alex Jones types. Remember that Musk is out for his own gain. Musk turned away from Trump back in the 2020 elections.
In addition, many Christian prophets have visions of Musk working for Lucifer. He is supposedly high up there on the Luciferian hierarchy equal to Obama. Elon is not our friend. All these guys including Trump, Biden, Obama, and Kamel are playing roles for Lucifer.
They’re all dancing to Rothschilds fiddle.
They are ALL Kakistocrats of the highest order…
Jobless claims indicate a hotter job market, while the Philadelphia Fed headline come in softer. However the employment and prices paid numbers come in warm. I guess bonds on the margin breather sigh of relief? Overall, the numbers don’t support another Fed funds rate cut, but the US government needs to continue financing….
Continuing Jobless Claims
Act: 1,908K Cons: 1,870K Prev: 1,872K
Initial Jobless Claims
Act: 213K Cons: 220K Prev: 219K
Jobless Claims 4-Week Avg.
Act: 217.75K Prev: 221.50K
Philadelphia Fed Manufacturing Index (Nov)
Act: -5.5 Cons: 7.4 Prev: 10.3
Philly Fed Business Conditions (Nov)
Act: 56.6 Cons: Prev: 36.7
Philly Fed CAPEX Index (Nov)
Act: 24.90 Prev: 23.50
Philly Fed Employment (Nov)
Act: 8.6 Prev: -2.2
Philly Fed New Orders (Nov)
Act: 8.9 Prev: 14.2
Philly Fed Prices Paid (Nov)
Act: 26.60 Prev: 29.70
I often read about how home prices in EU nations like Germany and France continue to struggle. I look at their price performances over the past couple years and it does give me pause.
The problem with many EU Nations is that their socialism creates a costly environment for people to operate.
To wit, I provide you with a link to Numbeo’s latest property price report by country. It clearly shows how expensive house prices already are in Europe. It shows that the average home price in the EU Nations is already around 10 times annual household income.
The European Union Nations do not provide a fertile environment for residential real estate investors. Prices versus rent already are too high and the regulatory environment does not favor landlords.
https://www.numbeo.com/property-investment/rankings_by_country.jsp
In the United states, circumstances could not be more different. The average home price to annual household income is still roughly 3.3x, which is only a third of the relative value of the EU.
I look at the Soviet Union, and specifically Russia at the Eastern satellite nations, and I see home price to household income multiples of about 15.
House prices in the United States are still cheap when we compare them to the rest of the world. Click on the link and look down at the bottom of the list. The United States is almost dead last with the lowest relative prices.
The propaganda is sounding more sensible every day….
Houstonians turn to new-build rentals as home prices skyrocket
A growing phenomenon is giving people the convenience of a new home without having to take on the mortgage.
https://abc13.com/amp/post/new-build-rentals-houston-communities-homes-rent-are-becoming-growing-phenomenon-suburbs/15564907/
I would like to wish all readers and particularly Thomas Stone a happy Thanksgiving.
Stone, I had a particularly difficult year and at one point did not have it in my heart to continue in my work. I reached out and contacted you after much deliberation and thinking a stranger would not need to hear my trouble. Your message and kindness came when I needed it most and I am truly grateful. Many thanks for the blessing and prayers, My daughter is recovering and beginning to be her new self.
A blessing for all brothers in Jesus Christ on this blog:
The LORD bless thee, and keep thee:
The LORD make his face shine upon thee, and be gracious unto thee:
The LORD lift up his countenance upon thee, and give thee peace.
And they shall put my name upon the children of Israel; and I will bless them.
Numbers 6 24:27 KJV
Hi Ken. I’m glad to hear about your daughter. Prayer is definitely powerful. You were one of several people who contacted me regarding their sad change in circumstances. You are not alone as It seems many otherwise healthy people began to struggle with stuff they previously never had to deal with.
About 3 years ago, I developed a sudden and acute painful form of psoriatic arthritis and while I didn’t have much of the outward symptoms that many have, the joint pain was excruciating and my hands and feet were swollen. I was unable to grip and lift. My knees had swollen as well as well as my ankle. I had difficulty walking on one foot for about 8 months and still hurts a little, because I suspect some of the damage to one of my toes is permanent. It was actually quite debilitating and I was never used to having some sort of chronic condition like this.
After being formally diagnosed, however, I refused to take all of the filthy and expensive immune suppressing pharmaceuticals and decided to revamp my diet instead, which primarily focused on my gut health. I eliminated about 60 to 70% of my carbohydrate intake, which included eliminating all sugar and sweets and baked goods other than sprouted grain bread. I was able to do this, because I replaced some of these calories with whey and egg protein shake powder. It had a huge difference and I no longer have to spread gels on my hands and feet nor take powerful anti-inflammatories like oral Diclofenac. I only have one sore left, which used to be about five or six. And that last sore is much less than severity than before. Whatever I’m doing is working.
After revamping my diet and modifying my lifestyle, I realize that I had systemic chronic inflammation for years and never realized it. This systemic inflammation caused me to have brain fog and undermined my mental clarity. For at least a decade, my back, knees, and foot arches had always been sore. I was forced to address the cause as I thought I was going to be exiting to an early grave. The systemic pain was that horrible. It felt like my bones were made of glass, especially in my feet, legs, and hands.
I find it rather interesting shortly after I came down with covid for the second time, this problem arose. It’s very difficult for me to believe that covid did not exist nor does not exist. I am certain that the strains that are making their ways around now are attenuated, but I came down with a nasty case and early 2020 and I had not been that sick in decades.
What I’m saying here is this. Something was released and it affected people. I don’t care whether someone believes in viruses or not. Something was making its rounds and was used as an excuse for the injections.
There has been an increase in many diseases, even in the uninjected, though they are less than those who did receive the injections. Whatever we think covid may have been, it wreaked havoc on our immune systems and created a lot of autoimmune disorders. Many types of turbo cancers can be considered an autoimmune response as well.
I pray several times a day to Father Yahweh and over the past six months or so, and with the help of a lifestyle change and several different new supplements, I no longer have to take even ibuprofen. If I didn’t have to deal with the prior 3 years and didn’t know about it, I never would think anything was wrong.
In some ways, this type of arthritis was a blessing in disguise as it forced me to deal with a systemic autoimmune related inflammatory condition.
I suspect there are many otherwise healthy people who have been knocked to the ground because of what has happened over the past five or so years. And that’s the thing, it’s already been about 5 years and we’re still standing and the bombs are not dropping on us. Whether the wars are real or not, I won’t take up too much of my time to speculate. The asset markets think they’re real, so I guess we have to pretend they’re real.
The wars may be fake, but the government response to it is real. Bond yields across the curve are rising as investors are increasingly worrying over the nation-states governments abilities to finance these wars, whether they’re real or fake.
Stone,Interesting blog about your health issues and how you confronted them.
I have gotten far fewer colds, bronchitis and other bugs since I stopped taking the flu shots 3 years ago and I never have taken any Covid shots and never will take any more vaccines in the future. I feel all vaccines bring on additional health problems.
The prescription steroids like prednisone are the worse things in the world as they carry many long term side effects.
There are many natural and simpler remedies that will cure the issues at hand without the serious side effects. The medical profession will not tell you the real cures because they don’t really want to cure you as that would cut off their income stream.
The Covid is probably real but it is hyped up to scare people into taking a questionable and unhealthy vaccine.
Ken, Happy Thanksgiving to you and your family!
Psalms 107:1 – O give thanks unto the YHVH, for he is good: for his mercy endureth for ever.
Fed’s Bowman Warns On Inflation, Says Neutral Interest Rates May Be Closer ‘Than We Currently Think’
Federal Reserve Governor Michelle W. Bowman cautioned on Wednesday that inflation remains a significant concern and suggested that interest rates may already be closer to a “neutral” level than policymakers currently realize.
Speaking at the Forum Club of the Palm Beaches in West Palm Beach, Bowman indicated the need for caution in lowering rates further, citing risks of prematurely fueling demand and reigniting inflationary pressures.
Inflation Progress Stalling, Labor Market Still Strong
While inflation has cooled since early 2023, Bowman highlighted that progress has “stalled in recent months.”
“My view is that inflation remains a concern, and I continue to see price stability as essential for fostering a strong labor market and an economy that works for everyone in the longer term,” Bowman said.
She hinted that moving rates down too aggressively could risk stoking demand unnecessarily, potentially reversing inflation gains.
Bowman also indicated that unemployment has risen compared to a year ago but remains historically low and below estimates of full employment.
She attributed October’s mixed job report to special factors like hurricanes and the Boeing strike, stating that underlying payroll growth appears steady.
“Payroll employment continued to increase in October at a pace close to the average monthly gain seen in the second and third quarters,” Bowman said.
Proximity To ‘Neutral Rate’ Requires Cautious
According to Bowman, the neutral policy rate—the level at which monetary policy neither stimulates nor restricts economic activity—may now be higher than pre-pandemic estimates.
“We may be closer to a neutral policy stance than we currently think. I would prefer to proceed cautiously in bringing the policy rate down to better assess how far we are from the endpoint,” Bowman said.
At the Federal Reserve’s September meeting, policymakers lowered the federal funds rate by 50 basis points to a range of 4.75%-5.00%.
Bowman surprisingly dissented, advocating for a smaller 25-basis-point cut due to concerns that a larger move might be perceived as a “premature declaration of victory” on inflation.
Her dissent marked the first such vote by a Fed Board member in nearly 20 years.
At the November meeting, Bowman supported the 25-basis-point rate reduction, aligning with the Committee’s flexible, data-dependent approach.
“I am pleased that the November post meeting statement included a flexible, data-dependent approach, providing the Committee with optionality in deciding future policy adjustments,” she said.
Market Reactions
Bowman’s comments have further dampened expectations for a December rate cut.
Market-implied odds of a 25-basis-point cut fell sharply to 55%, down from 82% just a week ago, according to the CME FedWatch Tool. Traders have recalibrated their bets after a series of more cautious signals from Fed officials over the past week.
Last Thursday, Federal Reserve Chair Jerome Powell surprised markets by stating that the robust U.S. economy gives the Fed “no need to be in a hurry” to lower rates. This marked a notable shift from his more dovish tone during the November meeting press conference.
Risk assets continued to struggle on Wednesday. The SPDR S&P 500 ETF Trust (NYSE:SPY) dropped 0.6% by midday, deepening earlier losses, while the 10-year Treasury yield ticked up 2 basis points to 4.42%.
2024 Benzinga.com.
So much for the massive covid injection die offs. People traveling once again in record numbers. Record asset prices, record house prices, record traveling, record congestion on the roads, etc….
Record NYC Thanksgiving Travel Signals Airport, Traffic Mess
(Bloomberg) — New York City will see a record influx of travelers this Thanksgiving holiday, with congestion at the region’s airports and vehicle crossings creating longer wait times and heavy traffic.
The Port Authority of New York and New Jersey is expecting 8.7 million people to use its airports, bridges and tunnels from Nov. 25 to Dec. 2, making it a record for the Thanksgiving travel period, the agency said in a statement on Wednesday.
About 3.2 million passengers will travel through Newark Liberty International, LaGuardia, New York Stewart International and John F. Kennedy International airports during the eight-day period, an increase of 2% from last year, the Port Authority said. The agency said 5.5 million vehicles will use its bridges and tunnels, about the same as in 2023.
To accommodate the anticipated volume, all non-emergency roadwork at vehicular crossings will be suspended from the Wednesday before Thanksgiving to the following Monday.
The agency recommends that passengers flying domestically should arrive at least two hours in advance of their departure and at least three hours early for international flights.
To manage parking demand at the airports, the Port Authority urges travelers to use mass transit and pre-book parking spaces to account for potential construction-related congestion. Those that don’t plan ahead will be charged a parking surcharge and may not be able to find a spot at the airport, according to the statement.
PATH trains that link New York and New Jersey will operate on a modified schedule on Thanksgiving Day, Nov. 28.
In my area of Southern NH the road traffic has gotten much more congested in the last 3 years.
The Deagel 2025 die off may be a big lie.
👍
Americans are in total denial. All the YouTubers keep claiming how overpriced housing is. Like you say, take the contra.
Housing is overpriced if compared to the recent past . Bug infested teardowns going for a premium. Sure if prices continue to go up then who cares of the price is too high now, but these properties aren’t even worth half of what they sell for.
People are moving back in with their relatives, or they are subleasing rooms in the apartments to pay their rent. I’m sure some places have policies in their rental agreements that allow or prevent that, but it’s usually cash, Give me 500 bucks and you can stay in the basement for a few months type of deals. The car market is also overpriced, all those over ten year old 100k mile cars over $15000. Look at New car prices..that’s called insanity. A little mitsubishi mirage selling for over 20k, when 5 years ago they were $9,999. They want people making payments, so the “you’ll own nothing and be happy” schtick is currently in play.
Indians are buying rundown motels and fixing them up. I assume they qualify for government grants and possibly from their own government. The property taxes and utilities on these places are also very high. How do these people just move here and without being citizens, jump into a business that most native Americans can’t afford to do or have avoided? We are being invaded but not a military invasion, it’s thru immigration and thru financial means. Look how they did it in Europe.
This Russia war hype is false and to keep the public eyes off what is really happening. We all know the Ukraine event that started right during covid is a Hollywood production. Way too many Russians live in the USA, have careers and own property. If anything happens it will be fake.
These wars are all contrived, but I don’t think their fake in the sense that real fighting and death is not occurring. The synagogue coordinates these affairs for a purpose which moves them to their ultimate destination. They are the money changers and merchants of war.
I suppose we will know soon enough.
When the war in Ukraine first started, someone took screenshots of bombed out buildings in the news and then went and photographed the actual buildings. There was no damage. They said a lot of the destruction in the news was AI-generated. I’m not sure who was lying here but I’d guess probably the media.
It’s like that footage someone took of a car bomb going of in the middle east somewhere and before the smoke cleared dozens of victims ran in and laid down on the ground.
Also the bodies unzipping their body bags and having a cigarette during some ebola outbreak.
So much of it is fake.
Just like what O’Brien told Winston. What’s real or fake? No one would ever know. Was the war on the Malabar front, the one being reported on the telescreen, actually real? We’d never know. Was Goldstein even a real man? We never know.
Wag the Dog
Is Trump a real man?