Marc Faber's Latest Economic Updates For The World In 2025
Along with Herr Goatis, one of the other very few important living figures on this Earth.
You will never find any better Economic News from any Economist in the world, except from Herr Marc Faber, especially which also includes the German situation.
Marc Faber also does many interviews and features in German Language.
The only that that bothers me is the WORST type of journalists are always the ones who interview this great Man. This Woman, no less of a fake actor than all the rest. Not a clue what he is talking about.
Someone in the comments said we have no unemployment. What?
ReplyDeleteThey also said we have rampant inflation as if we're in hyperinflation, don't get me wrong, it's bad but it's not that bad. People's finances are bad but it's mostly because of their ridiculous NPC keeping up with the joneses overspending, crazy rent, crazy mortgages, crazy car payments, and then blame everyone but themselves for not having anything left over.
Delete@TiredOfNames, here's the tricky part about it... The Hyperinflation *is* actually inside of the system already, the key as to why it's not showing up, however, is because the Federal Reserve is trying to discourage heavy spending by the masses, but ONLY among the 1%, because this makes the money velocity crash and keeps the inflation levels hidden in the system. I also recognized when they started the COVID lockdowns immediately, that the Money velocity plummeted, and the multi-faceted effect of the COVID Agenda was to not only hurt small and medium businesses and to shut down a lot of commercial activity, but to also put a major dent in the money velocity, because it would have a major effect on lowering it enough to make inflation rise at a far slower rate that would not yet reveal the Hyperinflation...
DeleteI've looked at a lot of the recent data in in the past few months, and in fact, the last year alone has been the only year so far since "reopening" where levels of economic activity have rebounded to "ONLY" meet where they left off at the start of 2020, and that is with a significantly larger population and with much higher prices right now.
But the money velocity is catching up to where it was at that point, which is why we are starting to see a new wave of rising prices all of the sudden. I expect new false flag events very soon, if not expansion of war or something else, because they will need to come up with a handful of more gimmicks to greatly expand the money supply in the system and also rid of some "major" groups of people. In addition, I still anticipate 2025 to be the major catastrophe year, based on the projections that have been outlined for it.
@TiredOfNames, but basically, if and when that money is finally "spent", a lot of it tied up in the Savings of the wealthy, including Bonds, Treasuries and other types of Funds including Derivatives, it will have an immediate shock to the system and reflect in the higher prices. So it will be interesting to see what the FRS will try to pull along with Politicians on this next round to continue keeping the wealth suppressed.
DeleteCOVID did an excellent job of forcing people to "live with less", because it means they will consume less since they can't afford anything, thereby keeping money velocity as low as possibly can be persisting enough for the Hebrews to carry out the big war and to plunge the world into chaos, and create a new Currency Enslavement system. They only care enough to keep the system alive until they are totally ready to trash it and introduce the newer system.
Thank you for the response.
DeleteI've heard Trump is trying to lower interest rates and cut business taxes, and I'm sure other things which will benefit the 1%. I'm sure that'll increase spending
Delete@T345, There is MUCH more going on with this charade of Interest Rates, and I believe the Fed is being much more cryptic on purpose. Unless they are somehow being "bribed" by Trump or Elon, but I would find that kind of absurd considering the Fed (Federal Reserve System) is the centerpiece of all Money creation, even at the head of the world in many places, because all the other Central Banks work in concert to follow their policy, including the Bank of England, by which the FRS was modeled upon.
DeleteWhen the FRS decides to cut rates, these decisions are not made at their policy meetings, that is done for "show" for the public, but they decide these things well in advance.
Which leads me to believe, they had to have already planned the alleged "cuts" they are claiming they are preparing to do, but that the whole gimmick with Trump trying to "encourage" them to lower rates, was all about playing bait and switch tactics, because the Fed initially rejected the idea and also head the interest rates steady at the last meeting, with only 2 "proposed" Interest Rates cut for this year.
The problem, and I can tell you, that the FRS faces is that their balance sheets have grown so large, and with being on the path of giving out "cheap money" for so long, particularly after the 9/11/2001 event, that they are damned if they raise rates, and damned if they cut them, because the system is demanding ever more liquidity to keep things "normal".
I am of course against the whole thing with private Central Banks and lending money on interest, but from the standpoint of a "working system" with that model, if we are to assume an economy based on it... You realistically CANNOT raise Interest Rates much or for long in an environment where there is no true Economic growth from "Revenue", like from actual physical labor. Doing so, will only cause an economic depression. Then again, we will also have an economic depression but more through hyperinflation at a faster rate with lower Interest rates. So there is no exit.
@T345, The consequence that will ultimately come from the long periods of the Low interest rates we've had, will effectively mean a smaller and consistently lower chance of ever growing the economy. Low or Near Zero interest rates, also make "goods" artificially cheap on the market, especially many commodities, which under a normal environment, would be a lot more expensive for people like Americans or Europeans to afford, and the governments would have to go to "GREAT LENGTHS" to try to justify those price surges if they were reflecting the true prices as a result of much higher interest rates, along with the fact that loans would become more expensive. The system is heavily dependent on money being loaned out for the price of "peanuts", to keep it going.
DeleteSo basically, the Fed and the system are in a perpetual bind to use tricks and measures to mitigate inflation from popping up from every corner, almost like an Octopus with its tentacles.
@PSA Very Interesting.... and this limbo 'protecting' us from recession or hyperiflation is still problematic initself, because wages are not increasing and cost reduction and layoffs to thin the workforce are becoming commonplace in industries(perfect timing for AI). I'm sure this is also decreasing the quality of institutions and just making people's lives more miserable overall too.
DeleteYea, Trump's bait & switch techniques are a little confusing, I really don't know if this man genuinely sees something coming that he wants to predict, or wants to predict the opposite of so he can say I told you so, meaning hyperinflation or a recession is inevitable.... or if T is genuinly just throwing something out there that sounds good for business and it's not deeper than that.
Actually I'm pretty sure they already rejected Trump's proposal to decrease the interest rates already, which already puts him in a spot where he can say "they didn't do what I said", meaning if something is supposed to happen- it will go in the opposite direction that trump has said in this situation meaning that. Or maybe they will eventually do what Trump says and make it look like a win for trump but it was planned all along....
really dont know
@T345, Yes for sure. But like I said, they only care about keeping the system afloat until the right moment arrives where they launch the major war and bring down the United States Economy and Dollar-based system. They wanted to get the population used to Crypto-currencies, even to make fictitious profits off of them, because it would incentivize people to become familiar and willing to sign up to such things, because the future Digital Dollar systems will be based on Crypto-Currencies.
DeleteThe problem is, at that point, all of your Sovereign rights in terms of ability to earn or purchase, will be eliminated, and the government will assume the total right to shut you out of them or even seize your assets for any reason when and if you "don't play ball" with their terms, in the coming system.
The amount of money that sits idle in the system, is terrifying when you think of the consequences. The derivatives market alone, which is officially underreported, is actually somewhere around 3-4 Quadrillion dollars, and would need about 10 or more Plant "earths" with the same level of resources, infrastructure and products to fulfill the obligations of those dollars, if they were to be spent. That is insane!
Globally, the total net worth of the entire planet is maybe somewhere around $500 Trillion or so.
And I'm not even discussing Debt Obligations, Welfare such as Retirement or Health Care programs, or any other Expenditures...
If you get where I'm leading with this, as you can see, even the governments and those in High Finance obviously know these Debts, Obligations and Derivatives could never be fulfilled, they exist as "fictitious assets" in the system, designed as patchwork money to hold the system together, but to keep the very upper echelons of the wealthy constantly able to skim the top of the system to their benefit.
If they were going to even remotely try to address this system from a standpoint of correcting it even in the most remote fashion, that would mean putting dollar signs on people's bodies and to auction them off as slaves for booty, because there is far too much money in the system, and too little goods that can be fulfilled, and essentially the money will have to be written off in some way or another one day, which will mean that they have to kill off a large majority of the world population. So that's also why a world depopulation event is really inevitable at this point, because the system is too colossal and indebted, with too much liquidity in it, that the Elite risk the hyperinflation being unleashed if people spend too much on goods and a lavish lifestyle, and that it will lead to even more need to bloat the system up further. That's why they want everyone living paycheck to paycheck, at a bare minimum of staying alive, if even that.
I'm pretty sure the US economy will be scrapped very soon, because the thing is, no matter economy they decide to "straddle" for making a lot of money, those in High Finance and International Investors, the US market while still the largest in the world, is not a place that is actually really livable or worthwhile with any kind of "future". It's basically just a financial market, and it's too costly to keep the Loser Americans "alive" and "consuming the way they are, so there is no doubt they will prioritize bringing this economy down hard, along with much of Europe. This is what I've been warning about for years.
Plus, China is now capable to manufacture anything and everything for the entire world over.
@PSA ...... this is a rather interesting, but complex subject ur talking abt for me, so I apologize if I miss something..... So with all that money sitting idly in the system, that means it inevitably will devalue the $$$$, so in order to (temporarily) fix this issue, you get rid of a lot of that money, through spending on wars and eliminating those with the assets (the bodies u were talking about) which eliminates assets and debt alike. But seeing as that, this system has that flaw and will inevitably lead to that anyway, they want to move to a different system anyway, and what better time after a war/mass casuality event?
DeleteAnd surely after such a crisis, a new currency that is not dependent on your country or a physical bank would seem preferable?
I'm pretty sure much of the world is already seeking non-US alternatives for trade, and money alike anyway. So a massive war by the US maybe the last straw for the dollarized world. Trump, if anyone, seems like the guy who would lead us into that.
@PSA Actually, in the last few sentences I made it sound like this was just a de-americanization thing, but I forgot to mention what you've been talking about so much, which is that it's all about control of the civilians in the end, not just competition between countries
DeleteAlways appreciated Farber, even though he is another high-level card-carrying member of "the club".
ReplyDeleteIt really is all useless at this point, isn't it? Saving money? WTF is the point anymore? I guess you just have to do it, because the system rewards that behavior. Lock in a reasonable rent, and minimize your foot intake, and that should put a person in a decent situation. Add an NON NPC roommate, if needed as well.
@Joey Aragon, He's really the only most honest one or solution who'd have the right background to get anything right and tell the truth, and dares say things that are absolutely "verboten" in the Financial Community.
DeleteThere is no other economist who compares, and the majority of the others also have very "Drab" personalities. Interestingly enough, I have a similar "thing" that occurs with Marc Faber, that I have with Goatis, and I believe it has to do with something on a spiritual level.
On numerous occassions, I've found Marc Faber has come to identical conclusions I have, although sometimes he arrives to them later than I have, especially as he more in recent years discovered the flaws about Democracy. But the thing is, he even has read specific books that I have from many years ago which were wrote in the early 20th century that no other Economists would often know about, and I recently listened to an interview he did where he basically talked about the ONLY benefit I also concluded about the creation of the EU, which was the "bordless travel benefit" of the Schengen zone. It's just amazing how this happens, but as the saying goes, brilliant minds think alike!
That being said, I was astonished to find out that Marc Faber also follows the next in line favorite economist I listen to, John Williams of Shadowstats. But I must say, I have a hard time listening to John Williams, while his information is very factual and completely unbiased, he is as Drab as the Anglo-American types always are. His information is useful, particularly from the standpoint of obtaining concrete report data that is not manipulated, so I will pay attention to his information from time to time.
But I would not want to go out with a Beer or to stare at voluptous Women with big boobs in dirndl dresses with John Williams, and would much prefer to hang out with Marc Faber to do that :D
I agree, Saving money is absolutely pointless, even Robert Kiyosaki knows that saving money is pointless. The thing is, all the money you "save" will not be exercized in growing your own personal little "Empire" of your own Paradise in the now, so you will have less you get to enjoy in your later years. I'm not saying "go for broke", one should always have a nest egg to pay their bills even during a rainy season in their life, but there has never been case of where people are living their best lives in later years, rather than the "NOW", and this is why it's imperative to buy what you need now to live the best life you can, and if anything, it will only be "THAT MORE EXPENSIVE" to wait and hold out years later to buy what you want or live enjoying the things you want to do.
Thank you for your thoughts and the information...I will check out that other guy you mentioned.
ReplyDeleteThe fiat currency will soon come crashing down, maybe in a generation or two...IT WILL HAPPEN...and people are not ready for it.
Instead, most of these NPC jerks want to live in this delusion that there money will always have value and that having a high stress job is worth it. Not, stress is NEVER worth it. I just took a 60k pay cut because the company I was working for sucked ass. Couldn't take it anymore. I can get by with about 25k/year, and that is good for me. And, I live in a very good area with a decent house. That only happened to me because I was an ignorant dumb ass in my 20s. If I knew then, what I knew now, I would have never endured the pain and suffering of that terrible big corporation I worked for over over ten years. No way. I just was brought up with this unbelievable work ethic from my parents, and assumed the employer is always correct.
@Joey Aragon, Yeah I only listen to John Williams from Shadowstats once in a while when I'm looking for some up to date statistics on things, because you can be nearly guaranteed he will have the right information. But it's almost torture to listen to him for a long time on end.
DeleteAs you probably know, most people in Finance are both boring but also often cowardly, as they use Finance as a means to secure their "position" in life, so I really dislike most Financial Gurus and consider them socially inept losers and parasites.
I think the Dollar and other Fiat currencies will collapse a lot sooner than we think, but they want to introduce the "Digital Dollars" to level the playing field between ALL countries, and in order to bring that system in, they need to form a new crisis.
I honestly do NOT want to be alive by the time whatsoever that the Digital Currency system is mandated. I want to be long dead and rotting by then, and "supposedly" that goal is supposed to be put in place by 2030, if the "Plane of the Elite", including Klaus Schwab, the WEF and all the rest, succeeds. Elon Musk is one of their "players" to help bring about that new reality. Majorly so.
Yeah that 60K is a really rough cut to take, especially in these times, so that sucks to hear... But even as bad as it is, trust me, any pay cut is worth it if it means your own health and sanity are on the line. There is simply nothing that can be justified for it, especially not only in THESE TIMES but we begin to really feel the effects of as we age, and it puts us in more of a scramble to make the most of the rest of our time here...
Although I've done a lot to avoid aging and stress, I have to say that LAST YEAR alone was the first year that I have significantly developed more gray hairs than any other year of my life. I have my whole hair of head intact and most of it is full color, but the added stresses and just the inevitably of aging has surely caught up with me in the last year.
@PSA- I think it will be sooner than 2030. Hell they have elon out talking about going to a blockchain currency right now to "keep government accountable".
DeleteOf course the bitcoins bros are super excited by that. How they can't comprehend that that will be their total enslavement is beyond me. Its fascinating that they turned the anti fed into bitcoin shills. Turned their enemy into their allie just like that.
@Here for the apocalypse, I also believe there is a likelihood of it being sooner. It also plays largely into the "New Silk Road" plan that China is a part of, because the Elite switched from the USA to using China for the NWO launch, and the New Silk Road plan was all largely about promoting Digital Currency for the Chinese, dubbed as the "Digital Silk Road". How ridiculous that even sounds, that's how these things are named, just like Biden's "Build Back Better".
DeleteCommunist love to make slogans in the words of "3's" because it seems to have an effect on influencing people and getting them to play along.
Another thing I find weird about the "Bitcoin Bros" is that they seem to never think that the government can interfere with Bitcoin and because it's "decentralized" even though we've seen evidence to the contrary, and even the fact that if the power goes out, you will not have access to your bitcoins or any cryptocurrency. They just don't see that as ever being a possibility, or that governments will have immense control over this stuff in the future.
My prediction, although I could be wrong, I believe that the private sources of Cryptocurrency like Bitcoin and all the others, will probably be "outlawed" by the time the new system comes in, because they will want to migrate people to a National Digital currency system for whatever country it is you live in.
They might make a plea or deal for others to convert their Bitcoins into the preferred Digital Dollar of the Nation, but will penalize or somehow shut out anyone who stays in those other currencies.
@PSA- I don't understand why they don't believe the government can't stop bitcoin. I mean, they've seized countless bitcoin and just recently sold them. Which means they can access them Something thats supposed to be impossible because they wouldn't know the key. They also ignore that sha-256 was a NSA created encryption and their sole purpose is spying on everyone so there's no way they would create anything they can't access.
DeleteI imagine they will crash bitcoin to nothing and blame it on "terrorism" or something of the like shortly after they crash the dollar. I don't think they need to outlaw it, just comprise it and "leak" the exploit.
One things for sure... We won't have to wait too long to find out.
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ReplyDeleteI hear ya on the grey hairs!
ReplyDeleteLow stress is living. That is the way it is supposed to be. I have quit about 5 six figure jobs over the years because the employer has the wrong people in management. I won't cut corners or compromise for these NPC mother fuckers.
So, I quit. Of course, the NPC culture would think this is a bad move, but things always worked out for me, even when I quit without another job in place. I would not suggest this unless you are single with no children and are a bad ass like me. Most people are not, so keep your shit job.
But, control the stress by getting a lot of rest during your non work hours. And also, making sure you cover yourself during the micromanaging process with these parasitic companies, that want to suck the soul out of your essence.