WORLD WAR III – BEGAN DIGITALLY
If you read THE SECRET WEAPON by Kevin Freeman ( faculty at CEO SPACE ) you will discover the financial crash was a financial Pearl Harbor. The first major DIGITAL WEAPON fired at the West. And frankly our enemies made a trillion dollars on our being unprepared. It took two years to stop them.
Today the DIGITAL WARS are on going. In MY BOOK entitled REDEMPTION THE COOPERATION REVOLUTION I documented Competitive Capitalistic history, that defines the system always defaults into:
- 99% own more wealth than 1% or consolidation which is not economically sustainable
- Melt Down due to the instability – moving to distrust and negotiation in trade markets
- Trade war – that uses Digital weapons today and currency devaluations
- Super Crash ( which is coming ) due to 100 Trillion in Bad Debts in the system
- World War to rebalance the system as CENTRAL BANKS are a failed model period
Japan started the Trade War and is now joined by nations all over the globe including China. Currency devaluation is often called other things. In Japan its called NEGATIVE INTEREST RATES but in effect the currency of Japan is steadily dropping in value. Making Japan goods cheaper and everyone else goods more costly.
Our Fed thinking they live in an alternative Universe moved away from free money which made the dollar rise and oil prices ( paid in dollars ) sink backwards. In real terms Oil didn’t fall so far because the dollar rose so much. Now the Fed Cowards engage in the currency war and fail to raise rates from almost free money – so that a pause letting this impossibly low cost debt continues to drive nothing.
IF the world is drowning in 100 trillion dollars of bad debt you don’t pile on more debt.
This is third grade stuff folks. President Clinton suggested – do the math.
It does not add up.
So the world is now in the final TRADE WAR PHASE. With only slightly higher than free money February housing in existing home sales plunged to a staggering low level. Positioning very serious head winds for the USA economy as it steps backward toward the recession we reported in inevitable – due to central bank failed policy – we argue the FED should be merged into TREASURY as soon as possible.
Economically we are screwed.
We are joining the world in a lock step toward SUPER CRASH and WORLD WAR. Now that will defeat terror as we will kill them all – all of them.
How many will die? Oh 3 billion I should think in this one. Then we will rebuilt by polluting the world and debt riding into the future having learned nothing.
Human economics. We seem to be incapable of doing things differently.
Its odd really. When so much is at stake. The only place I would wish to be to get through all this is a self owned business as an Entrepreneur ideally a member of CEO SPACE your safe harbor for whats coming.
Berny Dohrmann – Chairman CEO SPACE
HIGHEST BAD DEBT RATIO TO GNP IN THE WORLD TODAY
How much is now bad debt in china? Officially its 1.7 trillion dollars. This is an insane number although it alone wipes out China reserves. However the real number is closer to 100 trillion when all the State Run Organization and insane collective corporate and private bad debt are rolled up and fully accounted for.
Keep this number in your mind. Debt presently is 230% of China gross national product each year or GNP. Said another way China is borrowing 230% more than it is making. This number is only rising. Now China firms leverage 20 billion to buy Starwood – why? Because getting out of their currency and into dollar asset value and cash flow protects these firms locked in the debt spiral.
The Debt Spiral is the death spiral for Chinese Economics – so says the head of Bank of China on Monday ( today USA ) time. The failed communist policy leaders now are saying – hey we’ll fix this – we’ll give stock to firms that have bad debt so our nation and banks can have stock we advance to develop equity over the bad debt. This of course is phony economics and makes the value of stock now buying nothing but bad non performing sink hole debt – where the stock is the same as lost capital.
All this while:
- China has a run on manufacturing – suppliers get it and are running out of China to other markets.
- A run on business – business is closing down in China because the communist do not play fair and business can not make any money.
- Capital investment seeing all this has been running 100’s of billions out of the nations. This is a multi year RUN ON INVESTMENT and will pass one trillion dollars flowing out in 2016 alone. More in 2017.
- A run on banks – depositors are doing anything to get MONEY OUT OF CHINESE CURRENCY and into any other currency in the world – out of CHINA.
- A run on currency – Chinese are running out of Chinese currency as fast as the black market will exchange their failed money for EU or Dollars or anything other than Ranabi. Yuan is a failed currency. The Communist Nation is a failed state.
The future is what always happens in China with failed leadership. Massive internal social unrest. It is possible China will break up in to many provincial governments – operated autonomously. Its happened throughout Chinese history. Its possible Communist will be simply purged from the nation when the pain of their failed policies reaches a few more burn pain points.
Economics is unforgiving folks. This is no rocket science. China is a manipulated state central controlled economy that lies about its math and numbers. The real economic math is a nation mis managed and about to have deflation and a DEBT BOMB SPIRAL destroy the economy completely. Hard landing.
China reported it right in the past two weeks. They are not going to have a hard landing. Such a notion IS actually preposterous now. 230% debt to GNP for decades?
China is going to have a CRASH LANDING way beyond hard.
Economics never fails to tell the truth folks.
I trust the math.
Berny Dohrmann – Safe Harbor for your coming financial storms…..CEO SPACE May 15th
THREE DECADES OF PHONY MATH
So over three decades South Korea consumers have wracked up one trillion dollar in house hold debt. This is a ratio ton of debt for Korean every day folks. Said another way consumer debt in South Korea now totals 160 % of household income. Hows that ok? They don’t expect a financial crash from this debt ratio.
Hey. As an investment banker economist I expect a financial crash from this unsustainable DEBT BOMB. Economies that buy stability through insane debt create a future of Super Crash and decades of financial pain.
Real economics always run the future. You can not cheat economics forever. Read Naomi Kliens SHOCK DOCTRINE and you’ll see the failed models and the failed plans to fix the failed models. Naomi defines economic insanity of nations.
South Korea – your toast. Contagion is an equal opportunity panic and market crasher.
Berny Dohrmann – Dad trained you all to be better than this….
NOTHING HAS CHANGED:
So the market hits a year to date record high. Don’t you buy low and SELL high? Or Did I miss the memo? So the EU is about to break up. There is no way to have Germany with France out to recession and the UK close behind pay off 14 countries debts totaling over 100 trillion as their DEBT BOMB. Just in the EU as there is another debt bomb of non performing bad loans that large in Asia.
China is in free fall deflation – riots – 50 million about to loose employment in 24 months not the 10 million as they suggest – and they are already rioting with army troops coming in and arresting and jailing out of work protestors. One way to gain employment is prison work camps when your starving. The state in utter panic and facing runs on every bank, trillions of deposits POOF trillions in corporate funds POOF trillions in investor runs out of nation POOF and no relief in sight – with cities vacant and a real estate bubble bomb about to go off and 100 trillion in bad non performing State Run Organizations SRO’s about to bankrupt in mass – well folks China is simply toast not about to rebound. The 2.7 trillion in currency reserves are going down 100 Billion a month to cover the run and prop up their phony baloney worthless currency. That reserve is spit in the wind agains the 100 TRILLION of bad loans their state owned organizations tally up to and thats not counting the private bad debt and bank bad non performing corporate pension and related short falls. There is no math to recovery china. Every larger % of clients are moving to other nations and out of China forever. China is done folks. It had its day in the sun. The SUN ALSO SETS and it has set on China and Japan. Read the tea leaves. Their constant megaphone WE WILL NEVER HAVE A HARD LANDING to their economy ( recent press over and over ) means – the communist lost control and no one believes them and they are about to have an enormous hard landing as communist nations always do when they implode. Communism is a failed economic system folks. IT DOES NOT WORK. Th CHINA HARD LANDING IS COMING and remember we told you. Whats sad is with correctie policy even now it could be avoided but they chose the only WRONG PATH down the rabbit hole economically. No way back up folks. Not now.
Asia stocks are up. Fools rally? We keep telling you watch out for the SUCKERS RALLY because your in one.
Stocks are not cheap.
Stocks are not bargains.
Today we have a FREE MONEY EFFECT from the FED still offering FREE MONEY and unable risk taking the world off FREE MONEY while the insane the big guys that brought you structured asset hell, now borrow for zero cost and then leverage at 50 to one off shore in the cloud – and speculate on pricing in the side bet markets for enormous profits – which will soon wipe out all the banks. Do the math folks. When this riskiness risk market of ETF structured asset implodes the banks and central banks fail folks – as they have in 1907 and 1920’s – from the same precise behavior – debt bombs – set in speculation versus real market investing. CASINO CAPITALISM kills free markets and creates SUPER CRASH and world war. Its historic folks. Why? Because law makers are insane and bow to greed. THAT IS WHY.
Free money was insane.
Failure to return the market to a real economy is insane.
The Central Banks are insane and panicked. NO ONE TRUSTS THEM ANYMORE and for solid reasons.
Central Banks are failed models and must be merged into national treasuries. Until we do that the system is at total risk of implosion. It is historic. Kids on national news who know nothing about economics or market source dynamics are idiots reporting data that is distortional. Watching it is a circus of greed and those investment bankers and economist who know better have long been out of the market in all forms. WE SEE THE HANDWRITING ON THE WALL that the idiots say is invisible ink and not on the wall at all. Who you going to believe? Who you going to trust? It must be right – its on national news. Right? ( There you GO AGAIN ) .
So our money bet is on SUPER CRASH due to contagion from DEBT BOMBS exploding in Asia first and rippling across the world to tear the EU into shreds. It will take a total time of a week. 72 hours for the SUPER CRASH to be irreversible. The result will be global depression not recession and then world war. How long can bandied economics hold the world order to together given the pressures to destroy the system going on in World War III which is financial and digital? How long can ONE TRILLION EACH YEAR IN DIGITAL THEFT continue where the world holds together? How long can price manipulation continue before the world economies are unable to absorb the cost any longer and deflation moderates it all back to real market price levels?
The greed machine is a merry go round no one wishes to depart from until the music stops. How long will it be to till the music stops. Its soon folks not long at all looking back. Consider the blog prophecy for those with eyes to read and ears to hear.
Just same oh same oh financial history – nothing new – other than we never not ever learn from the past and change the future to protect the unborn. Which is kind of insane.
As we watch everyone say we HAVE TURNED SOME FINANCIAL CORNER as over 100 trillion in bad debt has not worked through the system – we just report…my God the market is up again everything is all right……isn’t it?
THERE YOU GO AGAIN……
Berny Dohrmann – We’ll keep a light on for ya……
Law enforcement has always had a right to get into our files with a court order in due process of law. If a file cabinet is locked law enforcement gets a lock smith.
Today the files are all moving to fully digital. If the file is locked and a court orders unlocking those files – the individual has no rights to privacy for evidence being gathered. If they have nothing to hide who cares anyway. They are innocent. IF they are guilty law enforcement convicts them on their own file evidence. Protecting victims of crimes and all of us in terror events. Its just a file . Nothing new. Who cares if its digital or a locked file cabinet folks? I mean common damn sense here.
Digital files are not special – nothing more than locked filed cabinet.
Apple Sauce on this item.
Berny Dohrmann – Always advocating privacy except in due process of law.
PS: Stop putting Edward Snowden a traitor to his nation who has caused untold American death’s coat upon future law enforcement trying tirelessly to PROTECT our families from harm.