The Great Debt Renegotiation: Federal Reserve Propaganda, rate cut to combat coronavirus emergency – March 3, 2020,
It’s been framed by the mainstream media as an Emergency rate cut, but everyone with half a brain knows the U.S economy is due for a recession. There’s a concerted effort to prepare the markets for a Bernie Sanders run at the white house. The Democrats have done a horrible job teaching the young about why socialism doesn’t work, therefore the young and the older believers of socialism and communism have found a leader named Bernie Sanders, who in the 1970s and 1980s was considered the buffoon of all buffoons.
Bernie was speaking highly of all forms of collectivism while those socialist and communist regimes were openly killing their own citizens just for speaking out against the socialist and communist revolutions. In America there exist the freedom of speech and Bernie Sanders exercised his right to prop-up the ideology he believed to would create equal outcomes for all people. Being that the Democrats since Jimmy Carter have cared little about speaking positively about Capitalism, it’s only right that the young people in the Democrat Party, would seek out something they consider new.
Bernie sounds like a return to the war, famine, and poverty to we old people, but he sounds like something fresh and new to the people who don’t know any better. Joe Biden can not be propped up anymore than he’s being propped up now and Bernie is still beating him. Although the expectation is that Donald Trump will destroy Bernie Sanders, there’s a chance he won’t and this has to be priced into the markets. Nobody in the markets fears the Coronavirus, or the most part it’s killing old people, which no offense actually equates to a net positive for the markets, being that money won’t have to be spent on financing their retirements.
The reason the Fed is cutting rates is that if Bernie Sanders becomes the next President the markets will crash IMMEDIATELY!
Fed Slashes Interest Rates in Emergency Move as Coronavirus Fears Mount | nytimes.com
The central bank cut interest rates by half a percentage point, a pre-emptive move to protect the economy from the coronavirus.
Is Bernie Sanders Good For Gold Prices
I expect a huge run-up in the price of gold during the U.S election if the Democrats are forced to elect Bernie Sanders. The markets won’t care about anything Donald Trump does, in the coming months, because if Trump is running against Bernie Sanders the markets have to price in, the ‘what if’ scenario that Bernie Sanders becomes the next President. Now, being that Coronavirus is killing old people mostly, and being that younger people are recovering from Coronavirus without any medications, Bernie will be oddly enough the baby-boomers worst nightmare!
Baby Boomers will feel the Bern if Bernie Sanders becomes president and best of all, the fund managers won’t be held responsible, this is what is beginning to get priced into the markets, the benefits of a Bernie Sanders Presidency. Now, the unfortunate thing about Bernie Sanders becoming the President is Bernies inability to renegotiate America’s debt, if Bernie is president during an economic downturn, Bernie might assume the fix is the Nationalization of industry, nationalization of Wall Street, Nationalization of fossil fuels, Nationalization of Greed!
It’s not to say that Bernie Sanders will get to destroy the U.S economy, but he’ll certainly try and this effort of Bernie Sanders whose slogan is “Not me. Us.” which sounds Marxist, anti-private Property and anti-Individualism in economic terms equates to financial disaster, which in easy to understand terms means stagnation.
How this relates to Gold is that Bernie will cause the Price of Gold to skyrocket, I would say about $3000 per ounce, Bernie will also cause particular asset classes to boom. Bernie oddly enough will be good for the energy sector, no, no not that renewable energy sector, the fossil fuel energy sector, namely those outside the United States. Under Donald, Trump people have become accustomed to lower Oil prices, which will change overnight as Bernie uses all his efforts to destroy America’s energy independence.
Domestic companies in America will also be forced to raise prices if Bernie becomes President, Bernie wants to grow the size of Washington, with UNIONIZED workers. Teachers unions drive up the costs of education, imagine if Bernie Nationalizes Health Care, Energy, Energy Construction and a plethora of other industries that many of us probably haven’t even thought about yet? This equates to a Gold Rush as we’ve never seen before.
Bernie Sanders is Good For Bitcoin!
America, unlike Socialist Venezuela, Communist China, Socialist Zimbabwe has pretty much left Bitcoin and other crypto-currencies alone, in the event Bernie attempts to over-spend, based on pure necessity, people might begin to flock to Bitcoin and other cryptocurrencies, it’s a guarantee in my opinion that if Bernie Sander becomes the next President, that most people will be looking for a way out of the U.S dollar and sorry to all you believers in Gold, Gold mining is ripe with Unions and environmentalists and leftists who if they see the price of gold rising will look to over-regulate it, of course, this will push the price of gold up, but trading in Gold will still be clunky and inconvenient. Gold will be a good place to save, Bitcoin will be better suited for daily commerce.
My views on Bitcoin is that Bitcoin may actually evolve at a much faster rate if Bernie becomes President. Now, with that established, Donald Trump is expected to beat Bernie Sanders, I personally think that even if Democrats let Bernie be their leader, most Democrats will not support Bernie Sanders, they may actually intentionally undermine and embarrass him, I can imagine it being a scenario in which the Democrat establishment will pull the rug from under him.
Although many Democrats might push socialist policies for votes, deep down most of the establishment Democrats are more align ed with Libertarians. The establishment Democrats disagree with Libertarians on the governments’ role in the economy, but most Democrats comprehend the Libertarian argument. The main reason why Hilary Clinton doesn’t look comfortable in her own skin half the time is that she used to be a Goldwater Girl, Barry Goldwater is a politician many call the first Libertarian to be the leader of the Republican Party.
Hilary Clinton and Democrats like her, aren’t stupid, they know the economic disaster Bernie Sanders will cause and most Democrats behind close doors, will distance themselves from Bernie Sanders and they’d be wise to do so a there’s a likelihood that if Donald Trump wins the election, the economy is going to crash!
Donald Trump and the Great Debt Renegotiation
Donald Trump is the rare individual that’s been a billion dollars in debt that he couldn’t pay and got away from the banksters unscathed. How did Donald Trump do this you ask? Well, the more money you’re in debt, the more likely it is your creditors will renegotiate as to how you pay back that debt. Did you miss that? What I’m saying is you’re an idiot if you take out a small loan, the smaller the debt you take out, the less likely it is your creditors will renegotiate with you favorably. The more you owe, the more your creditors have to lose.
Most of the people who owe the U.S money, don’t have free market economies, most of the countries that loan the U.S money have Welfare-States themselves. Huh? Yes, currently America holds all the cards, I’m not saying this right, I’m not saying this is fair, but the U.S military is basically protecting most of the free world for the Communists and the Socialists, there’s a price to pay for that type of protection and Donald Trump tapped into it.
You see if you don’t understand the laws of bartering and money, it’s hard for you to comprehend the dependence other nations have on the U.S. In case you haven’t been paying attention, Donald Trump has made other nations around the world RESPECT him. Has a creditor ever called you before demanding you pay them the money you owe them, notice how when a good creditor calls you, he/she doesn’t call you and try to be your friend, the creditor has to be an adult and present themself to you from a position of strength.
Donald Trump has been building his resistance muscles ever since he was in the Private Sector, Donald Trump unlike Bernie Sanders understands both the business world and the political world. Bernie Sanders is a career politician with little experience in the cut-throat private sector. If you ever wondered why th Democrat establishment became the swamp it’s because the establishment democrats quickly found out how hard it is to say no to a lobbyist who are in your face 24/7/365 asking for something.
In most instances, one special interest groups demands will clash with other interest groups demands, until you’ve experienced life in the Private Sector, you won’t understand that in life there are tradeoffs, socialists don’t believe in trade-offs, socialists and communist say they’re doing things for the will of the people, however, most people are short-sighted, entitled and prefer to pin-the-blame on the most convenient person or entity. The moment Bernie Sanders becomes President all the people who supported him, will quickly turn into Vampires expecting the Blood Bernie promised delivered to them now!
The hardcore socialists will stick with Bernie to the end, but the moderates who assumed Bernie was something new will find any excuse to distance themselves from Bernie the moment they comprehend how short-sighted Bernie was. Donald Trump, on the other hand, I expect him to be the great debt re-negotiator during his second term in office. I think it was Trump’s plan all along because remember during Trump’s second term he knows there’s no 3rd term, so it’s unlikely in my opinion, that he’ll have to prop up the stock market.
I still stand by my stance that the Federal Reserve isn’t as powerful as people think it is, what makes America great is policy, the people and their on-going fight for Freedom!
Fed makes emergency rate cut to combat coronavirus fallout
| foxbusiness.com
Medical advances more likely to buoy markets than economic policy: Analyst
Interesting times ahead!