We have fresh data! More 1929 rhymes. But there’s more. I have enjoyable and very lifelike vivid dreams quite frequently. But two, in particular overnight seem to have dealt with Taiwan woo-woo. Because that is one of the few “big deals” in the foamy world of future-emergent news bubbles that could drive such a close financial waveform replay of 1929 events. Which as of yesterday was this:
We are dancing on the lower edge of an ascending trend channel that defined the Wave 2 rally from mid-2022 until July 31st of this year. Our concern, highly detailed on our Peoplenomics website Wednesday, is that events of major proportion may be expected any minute.
We are on the trend line, expecting a 300+ point Aggregate (meta) index move higher and then a circuit-breaker inducing collapse in the coming week.
Here’s a freebie from Peoplenomics subscribers. Your own pocket guide as to when it all begins blowing down, where the financial “circus breakers” will be hit based on Wednesday preopening prices:
This is all highly speculative but, to put it in the context of yellow journalism’s heyday, “It makes interesting copy.” First, however, some real-life news and data to throw in the breakfast hopper.
GDP, Profits, and (UI) Filings
Beginning with a short rap on GDP, it’s important to clarify our thinking between “real” (inflation-adjusted) and “nominal.” It gets tricky when the Fed is both tinkering with the money supply while at the same time raising rates.
Thus, from the Fed’s H.6 money stocks report (here) we can see non-seasonally adjusted M2 (the broadest measure publicly admitted to by the Banksters since St. Greedspank, the fake gold supporter, hid M3 because it was a little too transparent for mere mortal voters to see. Why, we might get concerned America’s on the financial skids. Which, oh by-the-by, we are. Two predicates when talking GDP then. First is that M2 has been reduced 3.676 percent YoY (year-over-year). Second is that John Williams of ShadowStats reconstructing what Greedspank hid figures real inflation at M3 is running in the 20 percent range.
Where is all the money coming from? Making shit up, of course. When you have a congress full of (mostly) irresponsible pricks, who spend out the Wah Zoo, and print up bonds to cover their crimes, you get things like a public debt to the penny of $33,146,408,994,532.36 as of September 26th.
Compounding and confounding, it’s really even WORSE because this doesn’t cop to an almost equal pile of unpaid interest. See, the way this scam works is the government assumes in this $33 trillion fiction that no interest is owed, only principle. Well, hold ‘er Newt! What about promised interest on items like the 30-year bonds? “Not included.” And they would be right. In a wholly fictional world where people only get their principle back, that fiction might sell. Last time we checked, however, government bonds didn’t include a “no penalty for early redemption” clause.
When the whole pile of principle plus interest is considered, we’d put the whole lip sticked pig up in the $55 trillion range and going higher as rates go up. (Don’t even wind me up on derivatives which are in the quadrillions now.)
Point is, if inflation drives nominal GDP up 7 percent, but real growth is zero, is there any point to a year’s worth of effort? (*No, unless you benefit as a gov. bureaucrat from additional tax revenues for empire-building, of course.)
So Much for Foreplay
“Just the facts, ma’am…” Wait! It’s not Friday yet.
Off the soapbox and into the bending over position, then?
Like words more than pictures? Have we got a deal for you!
Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the second quarter of 2023 (table 1), according to the “third” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent (revised).
The GDP estimate released today is based on more complete source data than were available for the “second” estimate issued last month. In the second estimate, the increase in GDP was also 2.1 percent. The update primarily reflected a downward revision to consumer spending that was partly offset by upward revisions to nonresidential fixed investment, exports, and inventory investment. Imports, which are a subtraction in the calculation of GDP, were revised down (refer to “Updates to GDP”).
(Um…yeah, if you say so!)
The good news? Companies are still making a little money here and there. Sez-so right here:
Real gross domestic income (GDI) increased 0.7 percent in the second quarter, an upward revision of 0.2 percentage point from the previous estimate. The average of real GDP and real GDI, a supplemental measure of U.S. economic activity that equally weights GDP and GDI, increased 1.4 percent in the second quarter, an upward revision of 0.1 percentage point (table 1).
Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) increased $6.9 billion in the second quarter, an upward revision of $17.5 billion from the previous estimate (table 10).
Profits of domestic financial corporations decreased $54.2 billion in the second quarter, a downward revision of $6.3 billion from the previous estimate. Profits of domestic nonfinancial corporations increased $39.0 billion, an upward revision of $21.9 billion. Rest-of-the-world profits increased $22.1 billion, an upward revision of $1.9 billion. In the second quarter, receipts increased $25.8 billion, and payments increased $3.7 billion.
And the news on unemployment filings this week? Well, it could be better. We think that white-haired walk-into things guy from Florida ought to stay off picket lines, and just retire, though… Here’s how states “experienced his policy results” this week.
And the hits just keep on coming.
Tearing Down the Wires
We’ll save any watch of the WestPac for last because its off into the woo-woo world. Instead, focus on:
Who won the republican second “debate” last night? **DRUDGE POLL* WHO WON SECOND REPUBLICAN DEBATE ’24? – Results (poll 12809644). The real winner is a financial calculation, but let’s all hold hands, have a kumbaya and pretend voting is, um…democratic and works, OK? Soiler (sic) alert: Haley and DeSantis with Christie making some sense, too.
New York’s Sanctuary City Bullshit lies coming home to roost: New York City Tells Migrants ‘You Are Better Off’ Somewhere Else. Sí, los llamamos idiotas liberales en Nueva York. Duh. Oh, Texas is not “else” because we do more than our share, already. Way freaking more.
Offended by our use of adult lingo? Tough shit. GOP senators rail against Biden administration’s handling of border security amid spending talks: ‘Bulls—‘. Enough is too much, already.
What? CNN covering this? (ViseGrips to the arms, stat!) What to watch for during Joe Biden’s first impeachment inquiry hearing | CNN Politics
Want to watch a modern spin on Fractured Fairytales? Menendez to Address Democratic Senators Thursday Amid Growing Calls to Resign.
Tickets! Get your tickets! Friday Powerball’s jackpot climbs after 30 drawings without winner (scrippsnews.com). (If I win, I quit writing, pure and simple.)
World War 3 Notes
I won’t go through all 11 war fronts today. They will still be contested tomorrow and we’re only in the warmups. But through a few checklists.
- Armenia accuses Azerbaijan of “ethnic cleansing” in Nagorno-Karabakh region as 65,000 “forcefully displaced” – CBS News
- Over 120 dead Ukrainians: Tornado-S hit military train – Lancet “sweep” on Ukrainians’ MiG-29 – Two air bases hit – WarNews247
- Niger resources are still attracting interest as France’s withdrawal from Niger could jeopardize counterterrorism operations in the Sahel | AP News.
- The U.S. is continuing to wage economic war in Gabon, too: U.S. suspends aid to Gabon after military takeover : NPR
- Waiting for the Damascus glassworks to fire up? PKK threat to Syria graver than ever: Turkish envoy to UN | Daily Sabah
- And last, but not least (because it leads into the woo-woo part) Taiwan reveals first domestically made submarine in defense milestone – Raw Story
Around the Ranch: Taiwan Woo-Woo
Sent an interesting email to my consigliere today. Goes in the George Archives for in the event anything happens to me. This involved a couple of very strange ultra-vivid dreams last night.
“It’s almost like remote viewing, sometimes.
The scene is a flat rectangle of land, ½ to a full block in length and maybe 100-200 feet wide, which was surrounded by rocks and was obviously infilled. It was a pad in front of a seaside hotel.
It jutted into open salt water and the weather was partly cloudy. Behind this was a hotel/restaurant where I knew there was good food and not too many people at that hour. It was early afternoon. This “manmade attached island” on front of the hotel was near a point. Around which, a commercial area was sited behind the point, then around further to the left and going inland a distance. (Left if looking seaward from in front of the hotel.)
I was with two other men, and we were out front of a waterfront hotel. We were walking around, smoking, pretending to talk, but our real agenda was to watch a half dozen men on a large white landing craft – had a tour boat company name on it – and was about 80 feet long (big boat) and they were working on how close they could get before the rocky slope into the water could prevent them from getting all the way to shore. The ramp wouldn’t quite reach.
As it turned out, we watched for a while and then (because the water was clear) we could see to our left, the water was very deep (10’) and the vertical side of the land was ideal for offloading.
My companion was pointing this out to me.
“Should we tell them?”
“No, we should just report. Because no one is to know we are here checking on our people (operatives, but I can’t remember the word he used – foreign).
“Come on, let’s go.”
At this, we walked up a broad set of steps into the hotel (restaurant to the right) and we caught a glimpse through an open window into the covered stair area of a group of rather tough-looking men who were sitting and eating, a couple had drinks, but they weren’t supposed to, because they were on duty.
I asked the smoking companion and he said (oddly) “They might as well be the Irish Republican Army.”
In it, I was working with some kind of electronics guy who worked on aircraft in a foreign country.
Grisly sort of fellow, kind of short, but very thin with stringy white hair and hollow cheeks. I followed him around the airport for a while as he checked on two or three planes.
The conversation turned to flying and I told him I had some experience – and why didn’t he fly? To which he explained that he did but liked to work on the planes more than fly them. He mentioned a few airports with odd names (cross between Glade and Gaodu) and yes, we compared notes.
Presently, we decided to knock off for food. Which we found in a food court type setting and then returned to our big motel.
There was a woman there (Asian) who was by herself (so I thought) and since my room was nearby, I asked if there was anything I could get for her (we had been talking in the hall). She declined, saying she wasn’t feeling well, and went to her room. I changed and went out to the pool where my friend was.
The layout of the hotel becomes important. For the woman’s room not only had a door to the inside hallway of the motel, but also out into the pool area.
Presently, a loud and obnoxious boy – age 12, or so – came by us and walked to the woman’s hotel door onto the pool area. He went in and (amazingly) I could hear them talking. Door was open and we weren’t fall off by the pool.
And the boy said “Everything is in place, no one will suspect. The Deputy Minister says so.
And with that, I awoke.
Wasn’t sure what to make of it, except this: We are very close to a major decline in markets in my work and tonight (with luck), a 200-400-point rally today, and as soon as that is in hand, then a reunification with China is game on this weekend. It sets up the hard Wave 3 decline.
I had a “knowing” that when you (my consigliere) said “not during the Asian games” that it would be exactly then because the whole deal is what? Distractions by Deluxe.
At a minimum, my subconscious was reminding me that it was President Xi who was at dinner with Donald Trump (and this made a HUGE impression on Xi, because Trump was seen as the “king of cool”). Remember the impression on Xi? A dinner of steak and carrots, then Trump’s cruise missiles struck Syria | Donald Trump | The Guardian
Xi will be assumed – might be the g channeling here – to never do something like war during a Big Deal State Event.
Except that he’s been around people (Trump) who have done precisely this and apparently, he liked the impact of it all and thus, the lady handler running a 12–13-year-old boy around the hotel in Taiwan making sure all the local stuff is in place for?
Well, of course nothing will happen. But it’s a damn interesting dream and confabulation of events from all around the meta sphere. As such, worth mentioning. And like the yellow journalism days, makes “interesting copy.”
Punch first, punch hard. Punch when unexpected. Let’s Xi what happens.
One for the Road?
Yeah – there is the whole other side to life. Where a bunch of us work on the gray zone between ultimate reality and what we have consciously zipped and compressed down into a reduced instruction set life in order to cope with hyper complexity. Which is driven by things & forces in ways that waking states don’t do well with.
Today’s recommended read – because it’s all rolling into fitting is G.A. Stewart’s piece on his The Age of Desolation website: BIG MIKE, THE ALTERNATIVE MEDIA, REMOTE VIEWERS, AND WEB BOT PROPHETS.
One MORE for the Road?
Oh, yeah. In the interest of full disclosure, last night’s vivid dreams came after I adjusted my CPAP machine, which has been running in the APAP mode to the CPAP mode. The reason is I use CPAP to address my ultra-slow heartbeat. Like 50 beats is a normal “writing trance” pulse rate for me.
Anyway, I was reading Less may be more: CPAP vs. APAP in the treatment of obstructive sleep apnea – PMC (nih.gov) and this part jumped out at me:
“Furthermore, in a randomized controlled trial comparing the impact of APAP with that of fixed CPAP on blood pressure in OSA patients, APAP did not reduce 24-h diastolic blood pressure as efficiently as did CPAP. 7 Other studies have found that APAP is not as effective as CPAP in reducing sympathetic tone during sleep 8 or in improving cardiovascular risk factors in OSA patients.
Last night was the first night off APAP and over on CPAP. Thought I’d mention it because I did some personal research a while back on the possible impacts of CPAP therapies on dream states and sensing of Future. This is from a Peoplenomics report a year, or so, back. But might as well put it out there, because it’s very much on point today:
And yes, it’s my belief that even modest changes to blood O2 levels can influence not only our moods and physical stamina, but also our perceptual capabilities as humans. There’s a reason some people get addicted to “deep breathing work” because it changes how they look at things. It also is a good reason – when facing any major decision in Life – to sleep on it so you subject your thinking to at least your normal daily range of O2 variances which likely changes how you think of things.
Whew! More bean? Coffee good….
Write when you get rich,