Bail-in is the next bailout

https://www.thebalance.com/what-is-a-bail-in-and-how-does-it-work-1979089

like UBI is the next QE.

Because hyperinflation is evil unless given to the People.

All those goy coddling their FANG portfolio will get a nasty shock.

Couldn’t happen to nicer atheists.

Doubt me? Laws are already in place in America and ‘deposits’ to banks are only covered (per banking license) by the UK government up to about £70k in this country, in case of bank failure. That wouldn’t even cover a mortgage on a shoebox.

I’ve been doing my research. Rich people aren’t real.

Cyprus seized savings.

https://www.usatoday.com/story/money/business/2013/07/29/bank-of-cyprus-depositors-lose-savings/2595837/

47.5%. One bank, one fell swoop.

If a thief dresses in a suit and calls himself a banker, the victims will come to him and just give him everything.

That is the King you pay fealty to, no Christian. You don’t curtsy, but you are legally obliged to queue up and pay the bankers.

Usury is a sin. Not just the lending side. Thou shalt not steal.

Deutsche – dead man walking

https://www.bloomberg.com/news/articles/2019-07-06/deutsche-bank-drastic-overhaul-set-to-return-lender-to-its-roots

Is it too soon to say, I told ya so?

Deutsche Bank Culls Top Leadership, Dumps Unwanted…”

https://www.bloomberg.com/news/articles/2019-07-06/deutsche-bank-plans-to-replace-retail-head-strauss-in-overhaul

Too soon, but closer than ever.

#calledit

‘ere we go ‘ere we go, ‘ere we go….

One direction

It’s the little details.

https://www.livemint.com/Money/gnJkCCxpdd8RozcK825gDI/Indian-pepper-futures-prices-drop-even-as-global-prices-ris.html
“The price of pepper in the futures market in India dropped by around Rs1,633 a quintal last week, from a high of Rs16,334, even as pepper prices rose sharply in global market”

https://www.prnewswire.com/news-releases/organic-spice-market-worth-over-40-billion-by-2024-global-market-insights-inc-680652221.html
Demand.

https://www.investopedia.com/news/starbucks-hikes-prices-amid-pumpkin-spice-revival/
Demand.

https://www.prnewswire.com/news-releases/global-spice-and-herbs-extracts-market-trends-analysis-and-forecast-to-2021-300357175.html
“However, inconsistencies in the prices of spices and herbs and high cost of production are primary challenges hampering the growth of this market over the forecast period. North America dominates the world spice and herbs extracts market in terms of dollar share, while Asia Pacific is the largest market in terms of volume.”

TLDR: Grow a herb garden.

https://www.theguardian.com/environment/2018/mar/31/madagascars-vanilla-wars-prized-spice-drives-death-and-deforestation
Destruction.

https://www.bloomberg.com/news/articles/2017-09-20/surging-onion-egg-squid-costs-spice-up-asian-inflation-outlook
High prices in ‘good’ times.

https://www.financialexpress.com/market/commodities/chilli-prices-set-to-go-up-on-fall-in-stocks-low-production/171022/
Farming failing.

https://www.freshplaza.com/article/9090167/china-large-volume-of-chilli-peppers-about-to-enter-market/
China.
Why does China want Africa’s farms?

https://www.reuters.com/article/us-kenya-climatechange-chili-feature-idUSKCN1IO2YK

Are you watching closely?
I am.

Too chilly for Chiles? How cold temps could impact planting season

http://www.theproducenews.com/the-produce-news-today-s-headlines/26463-coachella-valley-expecting-excellent-year-because-of-superior-winter-weather

https://timesofindia.indiatimes.com/city/pune/estimates-show-likely-dip-in-fruit-veggie-production/articleshow/68638753.cms

https://www.hollandsentinel.com/news/20190425/peaches-lost-other-crops-thrive-as-farming-season-begins

If you watch enough agri news, one thing is clear.

Cool period.

Yet, MSM:
https://www.technologyreview.com/s/613330/the-american-midwest-will-feed-a-warming-world-but-for-how-long/
‘Warming’

Yeah, guess they’d better sell up to the Chinese their only supply of food, before -gasp- they lose money!

Meanwhile, recently:

https://www.dailymail.co.uk/news/article-6915113/Sydney-supermarket-experiences-MILK-shortage-farmers-warn-going-worse.html

https://www.ajc.com/news/local/you-want-tomato-with-that-cold-weather-creates-shortage/ZcO1aUJ0naKeMCh4FQ7jLJ/

https://www.eenews.net/stories/1060175327 Don’t chop down the trees.

https://www.express.co.uk/news/science/1114503/weather-forecast-long-range-nasa-noaa-news-solar-minimum-space-weather

http://www.commoditiescontrol.com/commodity-market/spices.html

It’s all pointing in one direction: too many people, wanting too much spicy junk, dying agriculture, old infrastructure failure.

If you wanted a black swan… what more could you wish for?

Nobody looks at cost of living anymore. But people will spend a lot of money to stay alive.

Last Little Ice Age, what was expensive?

America can’t afford more socialism

Note the rounds of 19th century and early 20th century immigration led to debt spikes?

Third Worlders in the First World are just economic parasites. It’s IQ and high time preference.

Spoiled privileged Yang truly promises a Boomer bailout of mortgages via a blisteringly obvious planned rent hike* (since all the poor would suddenly be good for it) and you don’t need extra ‘money’ to end the welfare cliff. It’s a pen stroke away to step the payments down gradually.

America’s net worth is negative too, more socialism will cause hyperinflation – and then, invasion.

People ate leather sofas in Weimar Germany and licked wallpaper glue.

Allegedly they ate babies. This would be mathematically worse.

What’s to stop the sneaky QE of UBI leading to price raises across the board from all sectors? Especially food.

Nothing. That’s what.

People are celebrating a termite in their savings.

UBI: It’s the missing link between inflation and hyperinflation.

The ‘basic’ is a clue. It’ll go on basics – 1. rent, 2. food, 3. medical.

“Universal” – you have no choice whether to go into debt. No choice. But rich people will get a bailout, no means testing. Fair? About inequality? No and no.

The distance between the poor guy with $0 and the rich guy with a million will be exactly the same if you give both two grand. Perhaps higher, because increasing monetary supply directly causes one thing.

Prices will rise. Regardless of specific agents e.g. landlords.

So spending power of the poor guy will decrease.

Go ahead, vote for it. I wanna see what happens.

You cannot consider income without expense.

It’s an equation, it has two sides.

If only there were an economic law to explain this concept, of supplying and demanding…

*The average hippy American Boomer seriously considers their house their pension. That is factual.

Map the top chart onto spending power, I dare you.

Tell Yang you’ll have UBI under one condition: rent controls. He won’t do it.

Energy cost & fresh food prices in the USA

https://ageconsearch.umn.edu/bitstream/103696/2/Roeger%20Leibtag%20AAEA%20Poster%202011.pdf

Related

https://disenchantedscholar.wordpress.com/2017/09/01/study-low-fat-kills/

https://disenchantedscholar.wordpress.com/2016/02/20/data-drive-food-shortages-famine-starvation-coming-to-the-uk-europe/

https://disenchantedscholar.wordpress.com/2018/01/07/population-r-selection-food-supply-and-famine/

Singapore not such a good option

They claim to be libertarian so the rich move there, then they can “confiscate” their money a la Cyprus.

https://www.visualcapitalist.com/visualizing-the-snowball-of-government-debt/

All these numbers are low-balling it severely. Please, read the ones listed in order, the conclusions are unexpected but true.

Debt to GDP (and some debt is counted in GDP too).

Canada 90%

Congo 131%

Italy 132%

Greece 182%

Japan 238%

UK 88%

Singapore 111%, not a typo, minimum

Cyprus 98%

Spain 98%

You’d be better off moving to Cyprus, literally.

They’re worse than Canada and Brazil.

Nobody asks what will happen to national debt?

I’d like to see debt by continent.

Most of the worst offenders (by population density) seem to be in Asia, remember debt is distributed per person, so a country with a billion people is in much deeper shit.

e.g. India 71%

All that economic potential of a billion people, it shouldn’t be that high.

Read a few more, in context.

Poland 51%

Rwanda 41%

Ireland 69%

Finland, Israel 61%

Colombia 49%

Malta 51%

Latvia 36%

Turkey 28%

Namibia 41%

Sweden 41%

Brazil 84%

Austria 79% etc.

This might not make sense looking through a racial lens.

The problem is socialism. Your national IQ means nothing if you’re lazy.*

It’s a one-trip pony, then the pony must be turned into Ikea meatballs.

It makes the people lazy. The biggest culprit, like falling Rome, is pensions.

AKA enslavement of children.

https://www.businessinsider.com/greece-germany-pensions-2010-4?r=US&IR=T

Years of work to earn a full pension;

Greece: 35

Germany: 45

This is theft. This is genocidal.

Proportion of wages as pension;

Greece: 80%

Germany: 46%

Maximum Payment;

Greece: €2538

Germany: €2100

https://www.theguardian.com/business/2015/jun/15/unsustainable-futures-greece-pensions-dilemma-explained-financial-crisis-default-eurozone

You know it’s bad when the Guardian calls you a dependent culture.

The old living off the blood of the young, who suddenly can’t afford to move out, marry, have replacement level children (plus their taxes also go to immigrants, to do those things instead). Ironically, we’d better hope this is resolved soon, while Europe can bounce back with pre-WW2 numbers. It isn’t (strictly) racial, it’s about entitlement.

Gen X isn’t bothering to save for the greedy section of Boomers (sadly most) and Gen Y know they won’t retire at all.

https://www.financialsamurai.com/why-you-should-not-retire-early/

Not everything is about race.

*However, a lot of white people are striking (Best Post) from a genuine contribution to their current Western ‘culture’, the void of multiculturalism, that hates their very existence. That isn’t lazy.