PHONY ECONOMICS – REAL ECONOMICS – ARE YOU TRACKING IT GLOBALLY ?
The recover from 2007 have been unequal strange and outside any prior economic history. The recovery is segmented economics. This occurs from:
- Obama changed the way we count unemployment. Long term unemployed of some 30 million where just whacked off the count. This makes PHONY ECONOMICS. The Unemployment in America of say 3% as a rate is actually around 8.5% if we count what used to appear on the same charts. But we no longer do THAT. One reason we have zero wage inflation zero inflation and no labor SHORTAGE.
- Economic recovery is geographically not equal. Some areas are not recovered at all. Some areas are still in deep recession – see FLINT and many other effected markets. The recovery is spotty and unequal.
- The 2007 consolidation of wealth has created 1% owning more wealth than 99% ( fact ) and core liquidity is being effected in many markets.
- Market disintermediation is occuring. Massive lay off’s are occurring in sectors – starting with a many year decline in manufacturing output numbers and sector declines in jobs. Massive lay offs are occurring as dumps continue into the job markt which SMALL BUSINESS ( our CEO SPACE Sector ) is booming and growing and picking up the huge lay off’s of the larger institutions down sizing.
- Phony math suggests consumer buying and confidence is higher than it truly is. In real economics consumers are cautions taking on less debt and saving more – thinking a Super Crash can come at any time with no warning at all.
RETAIL & THE CONSUMER:
If consumer economics is as wonderful as the phony stat reporting suggests then what is happening in retail. Let look at year end 2019 with some sobriety in economics. SUPER CHANGE can not be more pronounced than in retail sector this past few years. Let us look at the math modeling here:
- Mall closures alone have reached 4,087 this year, a 140% increase year over year from the 1,696 closures in 2018, according to Bank of America. Imagine the jobs effected here in a two year spiral – death spiral for malls.
- n 2019, more than 9,100 stores have closed across the country, according to Bank of America, which believes this year’s number is the highest of any single year in economic record keeping. EVER. Think of those jobs gone. This is ONE YEAR FOLKS.
Now think of how GREAT and SOLID you see the actual recovery. It is for this reason TRUMP admonishes the FED and their obsolete out of date – passed up in SUPER CHANGE: Read my book – these stats are US ITS WORSE GLOBALLY ….as major financial firms all predict lower profit in 2020 and are downsizing from Morgan to EU to Asia by year end – huge lay offs….
You’ll see what IS UP for 2020 following this Holiday. Leaders are now defined by their capacity to remain ahead of SUPER CHANGE.
These stats are SUPER CHANGE STATS.
ICON the 80 year hostile raider is betting in casino capitalism – in side bets once illegal enormous capital that could invest to create jobs employment and futures – in bets that more MALLS WILL FAIL TO PAY THEIR MORTGAGE. If his casino capital side betting pays off ICON makes 400 million or MORE. If they fail ICON loses a boat load of asset resources for what? BETTING?
Congress engrossed in phony economics for political re-election ( its all rosey out there do not worry ) has no capacity to solve our problems as they fiddle into impeachment while Rome ( THE USA ) burns itself to the ground.
Terror now uses fires. Billions upon BIllions lost annually in record fires and plan fires multiple plan fires in Texas just this year and other states – all TERROR FIRES – Terror now uses fires and never gets caught in their plan to bankrupt us. One fire at a time. Patience. It is all so easy fire.
Saudi Arabia comes out in minister force today stating WE ARE NOT RUNNING OUT OF MONEY.
I should hope not the Puppy King just got 24 billion from his ARAMCO OFFERING and just in time. Why? Saudi was running completely out of money. They forced OPEC into cuts neither PUTIN nor anyone including SAUDI WILL HONOR. WIth reduced oil the supply is so glut as DEMAND FALLS OFF A CLIFF – so that surplus rises and oil price goes down down down the rabbit hole – down Monday Tuesday Weds – wait for it. DEMAND IS DRYING UP AT A SPEED OF SUPER CHANGE. Opec has no clue what to do.
Pumping less with clients unwilling to pay more is well – death spiral economics for OPEC. OPEC will from here forth:
- Pump less as demand is gone – drying up – compressing at SUPER CHANGE SPEEDS
- Price is falling for oil no one wants
- Supply is in storage there is way too much oil and no demand – demand is no longer growing demand is net falling.
- Oil numbers from OPEC are pure lies
- OPEC is a criminal organization artificially elecating oil market price so you pay not 75 cents per gallon in America but 2.18 – which was 4.50 then 3.50 then 2.50 and now plunging. OPEC CRIMINALS are being shunned world wide past lip service.
THE LARGEST SUPER CHANGE in commodities is taking place with plunging values.
The world has ZERO INFLATION.
All inflation numbers.
The WORLD from the 2007 crash entered extreme protracted DEFLATION ECONOMICS and deleveraging. The bandaide failed policy of the FED have made things much worse. Which is our WHY the FED needs to must be merged by congress back into US TREASURY. Keep all its functions but now not independent from congress oversight but subject finally and fully to such oversight -as FED POLICY is a crime against America.
While Congress Fiddles bankes globally have run OUT OF DOLLARS. The Fed is pumping 100’s of billions of cash into the system to assure the fragile system does not lock up worse than 2007 – as daily the system runs out of DOLLARS required to keep the system liquid.
Tomorrow we find out if BRIT EXIT is on or off by the vote. We’ll all see.
The EU is so fragile with debt bomb nations on the brink and no solution in the RECOVERY THAT IS NOT …..
The best space to be – entrepreneur space – own your own venture or business. That one space is thriving in all markets. An economy of its own.
CEO SPACE forges ( as we are this week in Dallas ) switched on turned on CEO SPACE COMMUNITIES. It is exciting.
GROWING CEO SPACE COOPERATIVE OWNER TO OWNER COMMUNITIES creates bulk head for the SUPER CHANGES still yet to come.
So with all the good news – and we think markets will roll up to highs to year end – with adjustments in 2020 and then super volatility all year with moves to a pretty strong year in 2020 surprising everyone. We will see on that.
You do not have to be an economists to review some of the stats at year end we present to you here.
Stats you don’t get in one place anywhere really. Not all at once.
Berny Dohrmann – ENJOY THE HOLIDAYS THE PHONY ECONOMICS IS RUNNING THE WORLD TODAY – PROFIT FROM IT
PS: IS IT A CRIME THAT CONGRESS HAS NOT PASSED A US BUDGET SIX MONTHS PAST THE CONSTITUTION REQUIREMENT TO DO SO? Check that out…….