Everything Is In Place, The Fed Unwind Is The Last Step, This Is The Warning - Episode 1314a

in #economy8 years ago

McDonald's and other food service businesses will be replacing workers with automated food ATM's. New homes sales magically rebounded, but when you go deep into the numbers you can see that this is more fake news.

Fed finishes stress tests on banks and they all passed according to the Fed, the biggest worry is all this credit card debt, if the system crashes the banks might be in trouble. Fed Bullard says that the Fed should hold off and wait for Trump's policies before raising interest rates again.

The Fed is pulling the plug on the markets, the great unwind is about to begin, the manipulation will now be greater than ever before as liquidity is pulled out of the market

Sort:  

Thanks , another great video.

That food atms are everywhere in Japan, it's better as i don't need to speak Japanese and it has English menu option

They must be beta testing on the Japanese, before going full stupid here.
What happens when the customer gets sick because some maniacal grease gets in the burgers?
Reminds me of the "Idiocracy" movie where they bought food from a vending machine and watered the grass with energy drink.

150.JPG

This one makes sushi and pizza

Waitresses and bartenders have been most of the "so called" full employment recovery.

Is this in China? It's not even that expensive to pay the worker there, and they have big population, but still Robots are preferred

Chinese city of Kunshan, a small army of robot cooks and waiters serve dumplings and fried rice to curious customers at Tian Waike Restaurant, and their owner eventually wants his robots to replace humans the world over.

You don't need a real person to make fake food!

Yes, after the Robo police in Dubai, i am wondering what jobs can't be replaced now?

Sadly real people need work desperately because families are suffering.

Trump could have an ace up his sleeve, but he won't be able to stop this economic depression coming this way!

FED, huge banks, corporations, army traders, drug traders, Vatican. This is what we must fight against!

Thanks Dave, you do great work. Appreciated!

Trump's campaign slogan for 2020 "See? I told you Mexico would build and pay for the wall!"

the revolution has begun
giphy (4).gif

How long before the DOW drops?

I suppose when they stop secretly printing money and propping it up.

My personal opinion ( I could be wrong) is that in a hyperinflationary environment the Dow will also rise quite a bit. We may see Dow 125,000, however the Dow/Gold ratio will be way lower than it is now as the dollars would become more and more worthless.

Thanks that makes sense.

Not to mention the BRICS are already unwinding their dollars which is counter reactive to the Fed's activity. Regardless the American people who have assets in traditional holdings stand to get burned Big Time! Whether they turn off the MSM and start doing their research may well determine if they take the action necessary to secure some of their wealth in silver, gold and cryptocurrency.

Student loan bubble 1.2 Trillion, Auto Loan bubble 1 trillion, credit card bubble over 1 trillion. Hmmm sound familiar .

Coin Marketplace

STEEM 0.22
TRX 0.26
JST 0.040
BTC 98101.02
ETH 3477.28
USDT 1.00
SBD 3.25