This is the second big drop in the last month. Earlier, the Nikkei already entered BEAR market territory by dropping just over 20%. This week, it looks like it drop even more.
Like the video above says, I also feel that this is the start of a big negative sentiment and negative turning point for the world economy. Japan cannot print out of the two decade long stagflation and neither can the United States.
The business of America is war (which has bankrupted the United States) and the business of China is “business”.
The lessons for the future are in the lessons provided by history. Just as history have shown that Nazi Germany had a delusion of taking over the world, much like the American Empire today fighting cloaked / secret wars under American citizens noses. The United States has been bankrupt for many many years now, taking taxpayers money to use for war.
The American guy Ed (older gentleman…white hair), he sounds just like an American government mouthpiece. At every opportunity Ed is denouncing BitCoin and saying that it will not work. Ed probably haven’t even tried BitCoin, he is mouthpiece for the U.S government trying to protect the worthless fiat U.S dollar. Also, Ed is also probably somehow compensated by Wall Street to bad mouth BitCoins, because BitCoins is a threat to wall street as well. A decentralized currency like BitCoin and other crypto currency will take power away from government and big banks.
Paper gold does not reflect the actual physical amount of gold out there. Basically, it is selling more contracts for gold that is not there or more contracts on physical gold than it is actually out there. What does this come down to?
The last year or so the stock market up trend has been fueled by “monopoly” money, yes printed U.S dollars from the American Federal Reserve has printed 85 billion U.S dollars a month and injected it into U.S Treasury bonds and the stock market.
See weekly charts below:
You see the economy is not getting better, the U.S controlled mainstream media has been lying to the world. Sooner or later, the printing press for U.S dollar stops, the manipulated stock market will crash big time.
This is a great run down of how banks can get away with manipulation of trillions of dollars. It shows that governments cannot be trusted, governments will protect banks for frauds committed against citizens.
Governments will bail out banks when they screwed up, and also protect high up bank executives from going to jail. This is the two tier justice system we live in, both in Canada and else where in the world, the corrupt rich and wealthy bankers and politicians get special treatment.
Educate yourself about what the true wealth and income distribution is in America / United States. The lies that the government controlled media feeds you about the United States is the most equal opportunity , equal income country in the world is just that ….lies.
If so many wealthy people are on the sidelines, concerned more about wealth preservation than taking risk to make some yield. Then the question is who is driving up the stock market?
This video is a great explanation of why oil prices have been rising since the 1970’s. 1971 was when U.S president Nixon took the United States off from the “Gold Standard” which was when the U.S dollar was pegged to gold, and since then the U.S Federal Reserve has been printing U.S dollars like it was going out of style putting America into staggering debt.