Commentary and analysis by author John Michael Chambers

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Trump’s Economic Capitalism and the Coming Collapse, Blame it on Trump

This has been an amazing week and an amazing first year and half into Trump’s presidency. Corporations are repatriating capital back to the U.S.. Steel, cars and more will be manufactured once again here at home. President Trump’s tax plan creates incentives for U.S. corps, thus jobs are returning home as jobs follow manufacturing. Recently the President renegotiated the trade deal with China addressing the almost $400 billion dollar trade deficit to cut its trade deficit with the U.S. by $200 billion annually. President Trump is now following suit with other countries as well including, Canada and Mexico, renegotiating trade deals including tariffs etc. Trump, unlike most all President’s in recent history, is keeping his campaign promises, I for one am thrilled. So what do I mean when I say Trump’s Economic Capitalism and the Coming Collapse, Blame it on Trump. Will there still be a collapse if we have Trump at the helm? Well consider this.

Trump’s Economic Capitalism and the Coming Collapse, Blame it on Trump

Yes, it is true that President Trump has created 3.3 million new jobs with women at the lowest unemployment rate in 18 years. African American unemployment has reached the lowest level in the history of our country. The CEO of BET credits Trump for more black Americans being employed. Kayne West and Candice Owens are praising Trump for who he is and for what he is doing. We also now have, thanks to President Trump’s policies, the most jobs available in the history of our country! Unemployment rate at the lowest level since the turn of the century and Hispanic unemployment at the lowest level in the history of our country as well and GDP is up. You can listen to President Trump himself report these stats by clicking here.There is a much more extensive list of Trump’s accomplishments not only in the economic arena, but in many, many other areas of concern on the pathway to resurrecting America as we MAGA. So what do I mean by the coming collapse? The Bilderberg group, the CFR, theTri-lateral Commission, the bankers, along with the Deep State, Democrats, many swamp dwelling Republicans, and others are hard at work undermining Trump. Well put on your seat belt and please don’t shoot me I am only the messenger.

Coming Collapse Draws Near

You see Trump inherited a nation in distress thanks to the previous three presidents over the past 24 years as Clinton, Bush and Obama were all globalist’s presidents, marching to the false song of globalism, following their orders well, working with the ruling elite and the Deep State towards the attainment of Global Governance, you know that New World Order thing George H.W. Bush told us about way back when.  When the collapse comes, and it’s coming folks, the MSM and the lunatic left will undoubtedly blame it on Trump. This can be problematic as you can imagine. You know this and I know this. In fact, they may collapse the markets just as President Trump is gaining momentum because people often vote with their pocketbooks and we are coming up on the mid-term election as well as the election of 2020. I can hear it now, “Braggadocios businessman President Trump collapses the economy”. So let’s look at some of the numbers of the absolute mess this sitting president has inherited. Then you will begin to see why the coming collapse is drawing near. Oh yeah and remember this, it took from George Washington to George W. Bush to accumulate $10 trillion in Federal debt. It took only 8 years of the fraudulent President Obama to create another $10 trillion.

Connecting the Dots on the True State of the Economy

Now don’t get me wrong, I am a staunch supporter of this president and most all if not all of his policies and positions and have been since the beginning. I am not a late arrival. In fact, I have authored two books and written over 300 articles which can be found on this blog site, spoken in 8 states, dozens of cities and 3 countries, to help raise awareness and support for Donald Trump. Two such books are “What One Man Can Do” and “Trump and the Resurrection of America“. But even Donald Trump himself forecast a major recession. The mess we are in is simply unsustainable. President Trump has the right policies but perhaps arriving a bit too late. Consider this.

Debt – The Federal debt today is $21 trillion. President Trump himself estimated this number to be at $30 trillion in 2028. But the number nobody talks about when it comes to the Federal debt are the future obligations and unfunded liabilities of the Federal government and that escalates this number to over $155 trillion. States are hemorrhaging too and they do not have the ability to simply borrow and print from the Federal Reserve so the states are in trouble as well. The day of reckoning for state pensions is now upon us. All state pensions will go belly up between 2017 – 2045 according to a study done by Professor Josh Rauh at the Kellogg School of Management at Northwestern University. Student loan debt now exceeds $1 trillion which is another bubble mid bursting. Credit card debt is skyrocketing passing the levels of 2008. The world is in debt up to it’s eyeballs in the Ponzi schemes of Ponzi schemes with the U.S. being the largest debtor nation in the world. Then there are the derivatives. The estimated amount strewn throughout the world as well as the five major world banks is in the unknown quadrillions. This derivative death trap alone, may bring the world to a meltdown the likes of which have never been seen before. There is much more to the debt story but let’s move on to another problem.

Unemployment – Yes President Trump is making major progress in this area however let’s take a peek behind the curtain. You may recall candidate Trump on the campaign trail stating the unemployment rate was over 20%. He was right. You see there are six different ways to report the unemployment figures and elected officials chose to report the stat that does not include those who gave up looking for work, those that fell off the unemployment rolls, those that took part time work and other factors. This is how and why they can report a much lower number. Although Trump has made significant progress in this area, as of April 2018, the real rate of unemployment is 21.5%.

Understanding Trump’s Weak Dollar Policy – This is very important. Clinton-Bush and Obama, all Globalists, were marching to the footsteps of the ruling elites agenda, selling us the false song of globalism. They were all strong dollar policy presidents as they outsourced our jobs and spread our wealth around the world. Well with President Trump’s arrival, there has been a paradigm shift of economic policy. A complete reversal of what we have had in the past three administrations, over 24 years. Trump is a weak dollar policy president and this is just what the doctor ordered. You see, Clinton-Bush-Obama were strong dollar policy presidents. Why? Foreign countries under a strong dollar policy pay a higher price for American goods and 70% of what we consume is imported so foreign goods coming to America are cheaper keeping us fat and happy. So manufacturing and other jobs have been successfully exported over the past 24 years and as we import cheap stuff we exported our jobs to get it. Thus 21.5% unemployment and the rust belt aptly named.

A strong dollar boosts the rest of the world bringing the U.S. down. Trump wants to MAGA – Fix trade imbalances, lower taxes, and remember, jobs follow manufacturing which is good for America as corporations are returning home. So, Trump wants to bring the manufacturers back to USA. Trump wants the world to be buying our goods. How? By a weaker dollar. With a weak dollar, foreign countries will be able to buy more of our goods and since there are less than 400 million Americans, and over 7 billion people in the world, we will increase GDP receipts significantly when the rest of the world is buying our goods. This will take time. So what we have here with Trump is a complete reversal of decades of work by the ruling elite – truly a clash of world views with quadrillions of dollars at stake. So what comes with a weak dollar policy? Rising interest rates to curb inflationary pressures. Rising rates and inflation. Best explanation of this can be found here by PhD Economist, Dr. Kirk Elliott.

Death of the Dollar – Yes the dollar will have its trending up tics based on situational events along the way. We see this happening today. But the fundamentals of President Trump’s policy remain fully in force. The dollar has already dropped about 10% since being elected and over time this trend will continue as a result of public policy. The Fed will continue to raise rates for some years to come. Interest rate cycles run on average 28 years. We just finished a 32 year cycle of nothing but declining rates to near zero. This has all changed and will continue this new trend for years to come. No one is buying U.S. treasuries any longer like they used to. In fact, they are selling them. They see the writing on the wall as the dollar’s demise is inevitable and we are the largest debtor nation in the world. Do you know who is the largest purchaser of the US Dollar? No, it’s no longer China. It’s the Federal Reserve, the PRIVATE FOR PROFIT BANKING CARTEL, hello inflation!

With a weak dollar, prices rise, we get higher inflation, this triggers a higher cost of borrowing and as a result, people spend less. This hurts the economy and corporate profits. Then with the higher cost of debt service this impacts companies and their stock valuations. Lay offs ensue and this is problematic. Trump’s policies are right for America but perhaps far too late. Seems the medicine we need may also kill the patient. The days of the U.S. dollar as a sole reserve currency for the world are coming to an end. The great financial rest is upon us. Some say, like Jim Rickards for example,  in 2018, others indicate perhaps in a couple of short years at best. Time will tell. In a recent Forbes magazine article, Trump has indicated backing our currency perhaps by gold. WIse. And a wake up call to the points I am addressing.

The Elephant in the Room

This one is a biggie thus the elephant in the room. Just as government officials under report the true rate of unemployment, the same is done when it comes to reporting the rate of inflation. Inflation, CPI (consumer price index) is not 2% it is actually 6.12% and is under-reported by over 258%, this according to PhD economist Dr. Kirk Elliott who devised the model for calculating the real rate of inflation in his dissertation.  Remember the Federal debt today is at $21 trillion going to $30 trillion in a few short years. Well, Trump’s policy triggers rising interest rates right? So in round figures, today just to pay the interest on the national Federal debt, this current $21 trillion, at 2.0% we pay $400 billion in interest payments. At 4% we pay $800 billion. At 6% we pay $1.2 trillion. This is just the interest on that debt. Presently 72% of our GDP goes to pay for mandatory benefits and entitlements SS, Medicare, Medicaid, welfare etc. The Federal governments’ obligations for these mandatory payments and entitlements cost us $2.6 trillion annually. GDP is only $3.5 trillion that is 72% of Federal revenues. So as interest rates rise we are in deep trouble. Rome fell at only 1/3. Tic toc-tic toc…

Then There Is This

The following data comes from a recent post by Zero Hedge and reports some alarming signals setting the stage for a collapse.

#1 The “smart money” is getting out of stocks at a rate that we haven’t seen since just before the financial crisis of 2008.

#2 Moody’s is warning that a “particularly large wave” of junk bond defaults is coming.  And as I have written about so many times before, junk bonds are often an early warning indicator for a major financial crisis.

#3 According to the FDIC, a closely watched category known as “assets of problem banks” more than tripled during the first quarter of 2018.  What that means is that some really big banks are now officially in “problem” territory.

#4 U.S. Treasury bonds are having the worst start to a year since the Great Depression.

#5 Mortgage interest rates just hit a 7 year high, and they have been rising at the fastest pace in nearly 50 years.  This is going to be absolutely crippling for the real estate and housing industries.

#6 Retail industry debt defaults have hit a record high in 2018.

#7 We are on pace for the worst year for retail store closings ever.

#11 Italian two year bond yields are the highest that they have been since the crisis of 2014.

#12 German banking giant Deutsche Bank just announced that it will be cutting another 7,000 jobs as it “seeks to turn the page on years of losses”.  Those of you that have followed my work for a long time know that I have written extensively about Deutsche Bank, and it really is amazing that it has survived for this long.  If Deutsche Bank fails in 2018, it will essentially be a “Lehman Brothers moment” for the entire planet.

Economists the world over agree that we are in an “everything bubble”. People like Jim Rickards, Max Keiser, Mark Faber, Harry Dent, Dr. Kirk Elliott, Gerald Celente and many others. Peter Schiff said “Regarding this economic collapse – everything that can go wrong will”. Bank of America just said – “The biggest sell signal in 5 years was just triggered”. Jim Rogers says – “The Dollar Will Crash”. Trump Forecasts major recession 2016 Washington Post

 The Impact And What To Do?

PersonallyGET OUT OF DEBT. Interest rate cycles historically on average run in 28 year cycles. Last year we entered rising rates. Bond yields have an inverse reaction to rising rates – GET OUT OF BONDS NOW. The stock market is at historical all-time highs and the signs of weakness are now evident. The markets are enjoying the “Trump-Bump”. This will be relatively short lived. In my view, we may see the stock market maintain the 25,000 level on the DOW for perhaps a year or so as it can typically take a year or two for the public policy shift to impact the markets and economies, broadly speaking. Having said that, the markets could collapse at anytime – yes at any moment. There wont be an add in the newspaper telling us that on Monday we can expect a collapse. It will just happen.

Buy low-sell high. REDUCE YOUR STOCK POSITIONS SIGNIFICANTLY SOONER RATHER THAN LATER. And as for real estate? Most people do not pay for houses with cash, they finance. With rising rates for years to come and most Americans broke and living pay check to pay check, real estate will correct downward soon as this bubble bursts. So what to do? If you have any adjustable mortgages or credit accounts, RE-NEGOTIATE NOW. For those who own investment property or for those looking to acquire investment property for cash? Well based on certain criteria, the real estate collapse that is coming will serve you well as there will be a large pool of displaced former home owners like we saw in 2008 except worse this time. Commodities like precious metals do well in times like these. Look to private equity opportunities in this yield starve environment. Steer away from the paper proxy and look towards the tangibles, but buyer beware. More on all this sort of stuff in another post coming soon. Meanwhile you can avail yourself to more information by visiting The Economic Institute for Asset Preservation , Sovereign Advisors, and most all of the links provided in this article.

For the Nation – This is far too much of a complex issue to put in as a blurb in a post such as this. I will begin a series of posts covering this important issue. Meanwhile it is all laid out in my book, “Trump and the Resurrection of America” in chapter 19 titled “Trumping Global Governance” on pages 134-153. I suggest you get a copy and read it-vet your candidates by using the data in this chapter as a tool and raise the awareness for our present policy makers, many don’t have a clue, really. There are solutions but it is not business as usual, I can assure you of this and therefore at this stage of the game and with the Deep State coming after Trump and the rest of civilization, these radical, yet legal and constitutional solutions, may be all we have left at our disposal. End the Fed. Become energy independent. Bring the jobs home. Restore sound money. Absolve the debt and give back to the people what was stolen illegally and unconstitutionally over the last century. Yes, look it up in the book and connect the dots. Some say I am crazy, so be it. I have a pretty good track record over the past quarter century. Watch what’s coming down the pike soon.

Hollywood Sucks

Some times, yes just sometimes, we get a decent film out of the insanely liberal and corrupt Hollywood machine. I highly recommend the movie starring Brad Pitt and Steve Carrell titled “The Big Short“. This is somewhat of an accurate portrayal in my view of what led up to the collapse of 2008 and how it was handled. What happened then is going to happen again soon, but far worse. Heed the call.

SUMMARY

Trump’s Economic Capitalism and the Coming Collapse, Blame it on Trump

Surveys indicate that people no longer trust the media for news, politicians for the truth, or that Wall Street has Main Street’s best interest in mind. Einsteins definition of insanity is doing the same thing over and over again expecting different results. As we connected the dots on the true state of the economy, the markets, and the currency itself, we can clearly see that all is not well, and the likelihood of a substantial correction of sorts is in order. So again, what to do?

The answer is to hope and pray for the best but plan for the worst. There is a category 5 economic hurricane approaching the United States, make no mistake about this. In my view at this stage and with all that is at play, this storm cannot be prevented. So we must personally do what we do when an actual cat. 5 hurricane is approaching and that is to prepare. When? Now! IT WASN’T RAINING WHEN NOAH BUILT THE ARK! All storms come and go and there are both dangers and opportunities that should be properly assessed and addressed. By whom? By you. Surround yourself with like-minded people who understand the times in which we live who have expertise in the areas you need help in. Then take sound proactive steps today. Your family will thank you.

The Deep State will not cease going after this great president. All coupe d’ etat attempts by the Deep State have failed to date. They have plenty more ammunition. Protect and preserve your assets because they are in harms way – “Big League” (not “bigly” – that is a common mis-phrase) and let us all continue to support President Trump because we have only just begun and the battles will rage on. This mid-term is critical Trump must be re-elected in 2020. Trump is an existential threat. We have this chance. This slight chance to redirect America and humanity on a very much needed course correction. Don’t waste a day. Don’t squander this God given opportunity.

With the recent upset of the century, the shadow government of this world has experienced its first real setback with the election of Donald J. Trump as President of the United States. The globalists now tremble as Trump and this movement threatens their totalitarianism world government.  Although optimism has returned, the battle now begins as President Donald J. Trump leads America’s second revolution. With Trump, and the fact that we are on God’s side, there is hope. And with Trump’s leadership we just might survive this and MAGA. Pray. Prepare. Become active. Stay the course. This is for all the marbles.

Like this article? Share it. Follow me at John Michael Chambers Author, John Michael Chambers Speaker, John Michael Chambers Blog, Facebook Eye on the World, Facebook Author, Facebook Economic Institute.

Additional Supportive Links

Shadow Stats – John Williams PhD

Trends Research Institute

Warning from three wise men

America’s long term challenge – Destruction of the currency

Why is mainstream media buzzing about global financial crisis

Welcome to debt serfdom real world crisis

End of the Euro

Gold at $17,000

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Commentary and analysis by author John Michael Chambers

John Michael Chambers does not advocate any forms of hate or violence nor does he advocate any actions
that are violations of the law or those which are unconstitutional.


Copyright © 2017 John Michael Chambers

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