Financial, Economic and Social Mood Update (August 1, 2023)
If we step back and view the world unlike the 100 percent dishonest mainstream media does, we realize that our world is in very big trouble due to completely corrupt “leadership.” Our cost of living is too high, our labor market is not healthy and our standard of living is dropping like a rock. Case in point: there are 129 million households in the USA with an average 2.57 people per household. There are 100 million “renter” households in the USA, which tells us that so-called “home ownership” has also fallen like a rock: 78 percent renter households versus 22 percent of households with a mortgage (the usual situation) or outright ownership with no mortgage (the ideal situation).
Asset prices remain severely inflated – global stock markets are a valid case in point. The total number of publicly traded corporations worldwide (companies in which anyone can purchase stock through a stock broker) is now a mere 7,700 or so: https://companiesmarketcap.com/. In other words, investors are chasing ever fewer companies as they invest their monies – mostly their retirement savings in the form of pension plans, 401 K plans or IRAs (individual retirement accounts). They are paying absolutely massive “premiums” over what privately held companies report in their annual reports.
Nevertheless, the stalling global economy is finally affecting the most visible parts of the economy – real estate sales and automotive sales. Year over year compared to July 2022, residential real estate prices in the USA have finally fallen by more than 11 percent, and retail automobile prices have finally fallen by 10 percent: https://prepareforchange.net/2023/07/25/the-most-splendid-housing-bubbles-in-america-home-prices-drop-the-most-year-over-year-in-over-a-decade/?fbclid=IwAR0poJ_Q8cm7nsabpW_jw5EkGCQGwnzVOod_rFPq0Fbsf8Vgw4bSxVnxn5c.
Many so-called “democracies” in the western world are in fact no longer “free” societies – they are “crony capitalist” countries with major political parties following a common (and corrupt) “uniparty” path. The three real branches of government have now been reduced to major investment houses (such as Blackrock and Vanguard), the defense industry (the war industry promoting never-ending wars and now World War 3 versus Russia in the Ukraine) and the pharmaceutical industry (the drug and death industry). The healthiest people on earth are the Mennonite Amish people, who have as little as possible to do with modern society: http://www.domigood.com/2023/07/amish-children-dont-get-cancer-diabetes.html?fbclid=IwAR0zj4PnJTieviP28uc6M-Y6SY_xdmQEb0p5KqfiLtuqL31Th1tbDYSb-Fo.
The war in the Ukraine is of course lost by the west, and the west (most of all the USA and NATO) instigated this war, provoked Russia to enter the Ukraine, by relentlessly expanding NATO toward Russia’s frontier since the collapse of the former Soviet Union in 1991. The goal of the US government and of NATO is to conquer, divide, enslave and rape Russia, so that investment houses such as Blackrock may make even more blood money. But just like Napoleon Bonaparte in 1812 and Adolf Hitler in 1941, the USA and NATO failed to accept that Russia is an utterly massive country…………………too big to fight against. The Russian Army now marching toward the dictator in Kiev outnumbers the Ukrainian Army by 15 to one……………..much like they did the German Wehrmacht from December 1944 to May 1945 (when the Red Army marched from the border of East Prussia to Berlin). Tucker Carlson calls out US foreign policy for what it really is: https://www.facebook.com/messages/t/100018181065025.
Meanwhile, the Biden Administration attempts to jail its political opponents and to silence any and all different opinions. But there are entirely sane voices in the wilderness such as Bobby Kennedy, Jr.: https://www.youtube.com/watch?v=shiizHAOgUM.
