Part One… an update on the continuing unraveling of the corporate media’s Covid Narrative, Media/Government/WHO censorship and the Labor, Economic and Main Street/Flea Market Forecast for the first half of 2023. Part One slowly sets up Part Two, The Great Solar Reset, featuring pulsating Micro-Nova theory, planet Earth’s ongoing Magnetic Pole Shift, the weakening of Earth’s protective atmosphere and the achilles heal in the World Economic Forum’s “Great Reset”. And you thought inflation was scary! No, the CIA did not suggest I split this post into two parts, but my underground housing forecast at the end of this post did. Get your survival bunker while they’re still affordable! Consult Neil Ferguson’s discredited “modeling” at your own risk.

Adding the Great Solar Reset to stories the Global Legacy Media doesn’t want you to know

Greetings and Happy New Year fellow Flea Marketeers. One thing that seems absolutely certain about the times we are living in, hot damn, they sure are interesting! And they soon may be getting a hell of a lot hotter! Or incredibly colder. Something about a no longer refuted (+/-) solar, cyclical, every twelve thousand year cataclysmic event that will likely have incredible effects on our earth’s weather and electric grid and maybe even some awesome pole shift seismic re-shuffling to boot, partly due to the measurable, ongoing decrease in earth’s protective magnetosphere. And it’s all based on existing geological and atmospheric data to make the case! But first, how’s about a recap review of my economic/labor and Flea Market Main Street forecast from August 2022 before jumping into 2023 Q1and Q2’s economic forecast and… the impending Great Solar Reset?!!? 

Where to begin? Unfortunately, we’re still having to address the unreported, censored realities behind the stories the Legacy Corporate Media (NY Times, AP News, Reuters etc etc) and their Conform-Unist staff econos fear to cover for fear of losing their cushy jobs should they dare to challenge the WHO/CDC/FDA approved covid narrative, the Hunter Biden laptop narrative, the who benefits most ($$$$) from the Ukraine/Russia warfare narrative, the Pollution (X-“climate”) Change narrative, etc etc… all the concurrent narratives that seem to conspire to make damn sure Main Street America will never ever be the backbone of the US economy ever again. Make the American Middle Class great again? Not if the globalist, neo-liberal, WEForum Davos Man trans-humanists and their Great Reset commie conspiring buddies at the CC Xi have their way! It seems our very own US Trusted (?) News Media has become just as opaque and censorship friendly as Communist China’s state owned media. Hmmm, the corporation is now the state?! Here’s a little secret, it’s actually been THE STATE for quite a while. “Corporate Personhood” has finally matured into the automous, sovereign, spoiled brat state its always aspired to be! Always remember, censorship enables ignorance. Disabling critical thinking via state media censorship makes for a perfect sucker society, yes?! This be some sad sad shit.

Help Wanted, Please!!! Free Health Insurance for Covid Un-Vaccinated!! PayPal’s Great Misadventure!

Gotta luv vindication! Fortunately, back on Main Street USA, “Help Wanted, PLEASE!!!” signs continue to be a prominent part of the small business, sole proprietor landscape as “under staffing issues” becomes the new labor buzzword and big-tech’s dominance unravels leaving former IT employees scattered to the wind. FaceButt (Meta) cuts 13% of workforce, Stripe 14%, Lyft 13% while Amazon recently went from “a freeze on hiring” to old school firing as it laid off 18,000 workers. As I’ve been suggesting, eCommerce has peaked as brick and mortar retail… and flea markets, cheer!! Could it be that Mr. Market now realistically views big tech as the often useless, incredibly redundant and way over rated industry that it is after all? Mark Zuckerberg’s “Move fast and break things” not only seems to be gettin really really old with Wall Street, but downright unwelcome among consumer citizens fed up w 24/7 (social credit score) surveillance, ubiquitous platform adverts and now wide spread platform censorship of anything these globalist punks don’t approve of. Witness PayPal’s sneaky update last September to it’s “Terms and Agreements/Acceptable Use Policy” stating a fine of $2500 can/will be arbitrarily imposed on any account PayPal (which also owns Venmo) suspects of spreading “misinformation”… and not a single word in the “Acceptable Use Policy” defining just what they consider to be “misinformation” (pdf saved!). Opaque Corporate Communism at it’s finest! What a hot topic that was at the Rose Bowl Flea Market amongst my fellow vendors and non stop shoppers on the September weekend PayPals fk up went viral. Is this legal? Is this America? Or is this yet another example of Corporate Communism that would prefer to fk America and it’s hard working labor force than make it’s Middle Class great again. Shameful! 

As an aside, since PapPal’s ambiguous “misinformation” censorship fine was announced, many of my fellow flea market vendors will no longer accept PayPal/Venmo and instead are only accepting credit cards due to this blatant insult to American citizens right to First Amendment free speech. Refreshing! Who knows, the 3% service fee the credit cards charge might just convince many frugal, hard haggling shoppers to bring more cash to flea markets and swap meet events as an easy, prudent way to save money. “Thanks for using cash! Greatly appreciated!” And of course, when the Great Solar Reset temporarily (permanently?) disables the power grid, your preference for using digi pay will no longer be an option since digital needs it’s 24/7 electric fix to survive, being the electric junkie that it is. “War on Cash”? Sorry digi pay. Me thinks cash is gonna… Kick… Your… Ass.

And then there’s the time released Twitter tidbits concerning the FBI’s infiltration of social media reviving Operation Mockingbird (ongoing) memories. When a government and it’s corporate enablers have to resort to censorship, you know they’re running scared. Thank you Elon! I can’t wait for US House of representatives to digest the Franken-Fauci revelations! “Wuhan, create me a monster so that I can have it all!”. Ya don’t say? I suspect 2023 ain’t gonna be Fauci’s best.

As to Labor, or, in this case, the continuing lack of, I suspect Labor will continue to own not only Main Street but much more of Corporate America, due to it’s “demand advantage” (and “died suddenly” vax premium), than America Inc. is willing to admit. Labor currently occupies a rare sweet spot in US labor history and will be calling the shots (not the jabs!!) as we see demonstrated by the increase in strikes and demands by under-staffed nurses, under-staffed teachers, under-staffed Starbucks employees, way under-staffed commercial airline personnel and pilots, railroad workers, etc etc in the USA and in the EU striking for better pay, better health care benefits, discontinuing vax mandates and better working conditions, as employers reluctantly meet their demands, at least in many of the OECD developed nations. 

“Now, with many blue collar roles desperately searching for employees to fill them, there is a built-in margin of safety for blue collar workers in the face of a severe recession. Unfortunately for white collar workers, no such margin of safety exists (darn!), save for the most in-demand specialized roles.”, says the High Yield Investor at Seeking Alpha. Hmmm. Does this mean these college degreed “suits” and their techie equivalents may soon be applying for jobs flipping burgers, digging ditches or stocking shelves? 

It continues to amaze, sadden and anger me that NONE of the mainstream and alternative media “economists” or “consumer advocates” I once respected, such as Elizabeth Warren, Ralph Nader, Robert Reich and Thom Hartmann, are willing to acknowledge the impact the forced vaccine mandates have had in contributing to the labor shortages from workers who preferred to quit their jobs than to be jabbed with an experimental gene therapy, not even speaking up for a worker’s right to choose whether to vax or not. No choice allowed?! WTF?! The guilt trips, shaming and gaslighting applied to those questioning the mRNA safety and covid narrative, especially by “progressive” media and political pundits, “Deplorable!!”. I feel betrayed by my fellow progressives refusing to investigate any CDC, FDA, Fauci, Pfizer etc etc funny business, having gone all in for Camp Covidian membership. Now with the CDC VAERS, etc adverse events data cited below, it seems the “vaccine hesitant” amongst labor made the right choice, hands down! Their Control Group, un-vaxxed status might actually make them more hirable, especially if the risk adverse health and life insurance companies start adjusting their premiums higher for insuring the higher risk mRNA vaxd and double/triple boosted employees. 

The labor shortages caused by the deaths and adverse reactions to the nifty Gates-Fauci-Pfizer mRNA “vax em all!!”, miracle jabs might also create a very lucrative demand for immigrants coming to the USA from developing nations over the next two to three years if the anticipated drop (dead) from covid vaxd and boosted US labor comes to pass. The resistance to allowing more unskilled and skilled foreign labor into the US by many Republican politicians is likely to be un-welcomed by an increasingly desperate Main Street and corporate America in need of workers… Any Workers!!

And it’s not just Main Street struggling to find workers, so are our armed forces, some of which was caused by the vax mandates for all military personnel. Fortunately, the mandate was recently lifted, despite the Biden administrations objections. Due to what is now looking like a bonafide national security issue due to the “US Military struggling to find new recruits”, perhaps this army of soon to be un-employed white collars can trade their ties for uniforms! Well, that’s assuming they can pass the required physical and make it through boot camp, which may not be likely due to their spending much of their work life in an air conditioned office sitting for long hours behind a computer getting pleasantly plump. It seems 80% of applicants for military service, who tend to be younger than the average white collar suit, fails to meet the military’s physical and health requirements, mostly for obesity issues. I’ll bet this makes Commie Chairman Xi, with his easy conscription access to vast numbers of fit, healthy Chinese males (and females?), very very happy. “Taiwan? Let’s fatten those lazy, junk food eating Americans up a bit more before we invade”. Oh, and they don’t allow GMO food in China like we do in the USA, which also is proven to contribute to a healthier population. The USA is dead last in most/many health rating metrics of all the G20 nations, a descending decline that coincidently happened under Fauci’s 40 year mis-leader. Look it up, then pass that high fructose corn syrup Twinkie, please.

One bright spot for the white collars is the airlines, especially able bodied, un-covid jabbed pilots less likely to suffer those annoying mid air, heart failure, blood clotting adverse events, that appear to be a consequence of the mandated “clot shot” vaccines. Again, our Pfizer owned Trusted News media refuses to acknowledge the obvious (fear of pushing “indemnification” too far?!), instead, typically blaming the chaos in air travel on bad weather and under-staffing. Unintentional under-staffing due to a jab induced labor shortage, absolutely! The pilot crisis is leading to the airlines considering desperate measures like making adjustments to the United Nations aviation regulations that currently require two able bodied, annually health screened pilots to fly each and every commercial flight, from two pilots to one pilot. Does that sound like “safe” to you? According to Forbes, forty countries are currently begging for this change in the UN regs! And if that one lone pilot is covid vaxd and triple boosted, thanks to short sighted government mandates and the proven faulty Pfizer vax … heh heh heh, who needs a terrorist with an incendiary device on board when the tick ticking time bomb on board may be your vaxd pilot! Which begs the question, where the hell are the consumer safety advocates Ralph Nader and Elizabeth Warren when we need them?! American Airlines pilot Robert Snow will be happy to tell you all about his close call with crashing an airplane full of passengers not long after receiving his mandated vax. And why the hell is Secretary of Transportation, Pete Buttigeig, not doing his job and empaneling an independent investigation (sorry, NO PHARMA ALLOWED!) into the blood clotting effects of the mandated mRNA jabs? That boy just might have a plane full of blood on his hands if he doesn’t move fast! Hmmm, is moving at “Operation Warp Speed” fast and breaking things becoming our “new normal”? In the Flea Market world, “you break it, you brought it, Bozo!! Security!!!

       

Vax induced Death Rates and Disability Claims Up, Birth Rates Continue Down 10% +!! Amnesty? NOT in the Forecast!!

(Heads Up! all you vaccinated and boosted flea market folks out there. The following vaccine/gene-therapy data is damning and backed by solid links and graphs! Ya may not want to read any further, or move on to Part 2 of The Great Solar Reset!)

Apparently, the labor shortages caused by the unintended (?) consequences of the premature release of the Pfizer, Moderna, Astra Zeneca and J&J “vaccines”, which are now proven to be embarrassingly covid “break through” ineffective (Fauci, Biden, yer uncle Steve), is now biting Main Street and Big Business in the butt and concurrently slowly bankrupting once great nations and their central banks who now have to print more and more magic money to fund their covid generated social health and unemployment expenditures. The data demonstrated vaccine adverse reactions (Open VAERS) that our compromised corporate media still refuses to acknowledge is now leading to an estimated 3% to 7% increase in US disability claims that we the taxpayers have to cover. That’s a whole lotta worker bees who may not be returning to the labor force or the office anytime soon, jeopardizing a smooth flow in supply chain production, transportation and services! Besides that, there’s an estimated 10% to 14% increase in All Cause Mortality deaths (Died Suddenly?!) and an estimated 10% drop in births across the G20 nations as a result of infertility issues attributed to the “safe and effective” jabs. Is a labor force slowly being decimated by vax related deaths and disabilities going to have an effect on the economy? Does 1+1 still equal two? Edward Dowd and his team are reporting on this regularly. The data is damning, yet the complicit mainstream media economic reporters prefer to ignore it. 

Unfortunately for Mr. Global, for the time being, workers in much of the covid vaxd G20 countries currently have the power as more X-labor continues to seek disability and/or “die suddenly”, most likely through 2023 and beyond. I believe us long time, street/business savvy Flea Market vendors will continue to have a good year in 2023 since discretionary income doesn’t seem to be going away anytime soon and employer wage suppression is no longer an option. Why? Math! A smaller labor pool means more demand for the labor that exists. Will potentially uppity labor exploit this advantage, just like greedy, white collared WEForum’s “Davos Man”? (heh heh heh) Of course, this scenario assumes there is a not a concurrent decrease in demand from the “out of business” Davos Man employers due to bankruptcy, conviction of CEO’s for fraud, our uppity Sun soon going micro-nova (The GSR??!!), and good old “no more consumer demand” for many business’s useless goods and lousy services” (big tech, alas. US Government, grrrr!). And let us also not forget, the slow moving (?), vax induced decrease in the general population, working or not, due to the combination of…

#1 – The documented increase in death/All Cause Mortality by the Life Insurance companies, in some cases estimated to be as 40% after the “safe and effective” rollout of Pfizer, Moderna, Astra Zeneca, J & J jabs for Fortune 500 Companies

Covid consider this, “Indiana life insurance CEO says deaths are up 40% among people ages 18-64”, or this from Principia Scientific, “Dr Charles Hoffe MD, in his latest update of July 6, 2021 is reporting on the disturbing findings in his patients. He says the mRNA vaccines are plugging up thousands of tiny capillaries in the blood of those who took the ‘vaccine.’ Most will die in a few short years from heart failure.” Still not convinced? Happy New Year! “Japan Launches Official Investigation Into Millions of COVID Vaccine Deaths”. Japan’s Dr. Fukushima of Kyoto University is pissed! “Japan’s prestige is at stake. You have vaccinated so many people. And yet, only 10% of the members of the Ministry of Health, Labor and Welfare, who are leading members of the vaccine campaign have been vaccinated. Is this a fucking joke?”. Not if you want to stay alive and in good health! Who knows, getting mRNA vaxd might be a better way to exit this earthly existence than experiencing what the Great Solar Reset may have in store for many/most of us still alive, especially for those 100% dependent on a 24/7 electric grid… ie, those WEFreaks behind the Great Reset. No power grid means no 24/7 social credit score and/or vaccine pass surveillance, “modeled” social control or central bank digital currencies. Comprende?

Have you noticed, “died suddenly”, one of the most searched for terms on Google, just won’t go away? Have you seen Stew Peter’s “Died Suddenly”, the documentary which takes a deeper look at the DS phenomenon happening on a seemingly daily and global basis? Up to several million views and rising! Just like the excess death rate and the rise in disability claims. The Trusted News Initiative/Corporate Legacy Media now frames this as a mysterious, “Sudden Adult Death Syndrome”, with absolutely no mention that, gee whiz, all these sudden deaths, in aggregate, are documented as happening soon after the “safe and effective” FDA approved mRNA vax roll out began in late 2021. Correlation > causation? “Nothing to see here, folks! Let’s keep it moving, damnit!!”. Well, not if NHS (UK) whistleblower James Wells can help it, “COVID ‘Jab’ Side-Effects: Impacting Excess Deaths By Over 1,000 A Week, It’s Time For ‘Public Inquiry’”.

#2 – The documented decrease in birth rates and increase in infertility for both men and women, again, in those G20 countries most suckered by… er, uh, most likely to be “persuaded” by the Big-Pharma detail death squads exported to guilt trip, shame an exploit fear susceptible developed and developing nations into selling their sovereign souls by signing on the dotted line with the agreement that no independent testing of their proprietary poison is to be done, EVER, while also making damn sure to indemnify themselves from any adverse event/death consequences experienced by their citizens.

Gotta luv them Big-Pharma lunatic lawyers. Iatrogenic “Vax-idents happen”!! Get used to it? According to Mary Beth Pfeiffer’s recent article, “The Missing Babies of Europe”, the data from recently released fertility studies done by the Swiss and EU countries shows birth rates in 19 EU nations are plummeting! Interestingly, according to the article, the good old USA seems to be rather opaque as to actual birth rate numbers. Does the CDC have something to hide? Does the CIA have much to hide concerning the Great Solar Reset… and earth’s magnetic pole shift currently in progress?

#3 – The increase in worker disability claims, which, taking a peek at the Bureau of Labor Statistics data for 2022 vs 2019 seems to indicate an approximately 3% increase in claims and also a 3% increase in disability claims across the general US population. Is this 3% estimate qualify as a “sigma”, statistically unusual, once every hundred, several hundred year event? A 3% increase from 2020’s pre “emergency use authorized” covid jab, is still a whole lot of increase in disabilities… jab related disabilities?

                                     

Disability claims usually have their paperwork origins with a visit to the doctor or a visit to the hospital. By way of ICAN’s Del Bigtree, “Hundreds of Thousands of Americans Sought Medical Care After COVID-19 Vaccination: CDC Data”, ie, they saw a doctor or went to a hospital for help. How many of those documented as seeking post covid jabbed medical care wound up being temporarily, or permanently, disabled? Del had to sue the CDC to get the data released! And he won!! We the American People shouldn’t have to resort to lawsuits to get the information our friggin hard earned taxpayer dollars are supposed to be paying for! The actual misinformation spreading lunatics (Hotez, Birx, Gates, Fauci, etc) appear to have temporarily taken over our “We The People” asylum. From where I sit on a tax payers side of an IRS 1040 (I file long), this shit shoulda stopped with LBJohnson, or “Govment is the Prob-lem-O” Reagan at the latest. Instead, it’s only gotten worse. CIA Bush Sr, Bill(ary) Epstein-Clinton sex-capades distractions as the de-regulation of Big-Finance begins, GW/Cheney’s “weapons of mass” distraction 9/11 psy-op, Obam-inable’s free ride for private real estate equity funds while totally fkng underwater home owners post 2008 real estate crash, trailer trash Trump’s “drain the swamp” ineffective attempt (however, lessons learned on the breadth of the administrative state’s corruption!!), and now the revelation that “President Joe” (Bowie, fkn psychic!) may have been covering for Jr’s equally trailer trash escapades. Hot Damn! Hunter, Joe and Trumpty Dumpty may soon be sharing the same cushy federal prison cell!! Who’d a thunk?!

Here’s another one for those still thinking the increase in labor and general population disability claims since the covid jabs release is all nonsense and all attributable to a “medical coincidence” (the video, Ha!!). Not that it’s gonna make any difference. I’ll tell you, dealing with the willfully arrogant, quite often college educated “ignerents” (GW speak!) for almost three friggin years ain’t easy!! But it’s great for sharpening debate skills! Few things give me more pleasure these days than watching a true believer Covidian gasp for air after a few qualifying questions, the first generally being, “have you heard of the Vaccine Adverse Events Reporting System (VAERS) created by the CDC in 1986?” Most haven’t. That’s where the disqualification fun begins!

“Given that the world is already burdened with labor shortages from two years of lockdowns and rapidly changing work environments and career outlooks, disabilities from long COVID and vaccine injuries only add fuel to the fire”, from The Epoch Times, “Long COVID Contributing to Disabilities by the Millions”. Please to note “and vaccine injuries” in the quote. And don’t forget, all those long covid disabilities being the result of a patented, synthesized, gain of Fauci, bio-weapon lab fabrication (Lab Fab??!!). Accidental leak? Intentional “leak”… same result, long covid and the disability claims that go with it.

Of course, all this new found labor muscle is contingent upon all the colluding, globalist powers continuing inability to regroup any time soon due to the internal disarray caused by their unsuccessful covid global coup. The CCP/WEForum Trojan Horse they all rode in on (mentioned in my 5/21 “Corporate Communism post!”) has been toppled, dismantled and exposed to the world for the “hiding in plain sight” conspiracy it’s always been. I’ve been vindicated. All of us who have been challenging the covid narrative have been vindicated. We are a bit closer to resolution but still far from the necessary karmic and judicial retribution where Nuremberg justice is served. The Covidian karmic debt cannot be forgiven anytime soon without sincere public repentance and a great degree of karmic retribution, perhaps via a lifetime of public service to the covid vax injured. Righteous vindication and vengeance for allowing loved ones and Main Street business’s to needlessly die due to corporate and government official orders made to discredit and media demonize non-pharma, life saving interventions such as ivermectin, with it’s impeccably safe and effective legacy, will not go without repercussions, will not go without karmic retribution no matter how hard the powers that be try. Gaslighting by pharma shill Hotez etc will run out of gas by the end of 2023, you watch. The tide is rising. Their days are numbered. Global investigations are now underway and/or being demanded! Let’s make Nuremberg 2 a reality!

2023 economic forecast loose ends – US $ vs BRICS vs Crypto… Inflation, Recession… Algorithmic Housing Exploitation… Underground Housing Market Explodes??!! 

The strength of the US dollar, inflation/recession, the implosion of FTX and perhaps the hype of crypto currency concurrent with the threat from a parallel BRICS financial system and a migrating collapse in global real estate prices… ain’t that a mouthful?!

The Economic Facts… The next couple years will be very interesting to see just how the mRNA vax induced incremental decimation of labor, and the population in general, plays out, ultimately creating a net decrease in the global population. Hmmm, just as the sick puppy globalists at the WEForum, the WHO, The Bill and Melinda Gates Foundation, the Chinese Communist Party, the financiers  behind the building of the Georgia Guidestones etc etc pandemicly planned? Does the CIA have it’s hands in this? Nawww!. Again, as I mentioned in my previous forecast, this is going to get worse for employers and the economy as the Edward Dowd and David Martin negative, de-population forecasts, backed by few fearless US and EU life insurance companies and hospitals willing to share their damning data, comes to pass. In the meantime, bring on the 2023 US House of Representatives corruption investigations into the CDC, the FDA, and soon to go suicide Dr. Franken-Fauci (how’s that for a forecast?!) and all the other corporate creepy crawlies that emerged from the Wuhan Wet Market Trojan Horse!!

Productivity? Something recently dawned on me… what effect will a less abled bodied American work force, due to the increases in labor disabilities, have on US productivity? Will high hopes on tech trickiness picking up the productivity slack with nifty automation turn into reality? And if US productivity drops, esp by a lot, how much will that effect the justification of the US dollar as the global reserve currency when a competing currency with more secure assets (?), monetary integrity and creditworthiness, like BRICS, threatens? Prof Everisto Benyera (8/22 YouTube) suggests, “we are witnessing a new financial order in the making. Whether we like it or not, there is a new financial order (BRICS) that is being developed as an alternative to the dollar euro dominated international financial order”. 

Is this the anticipated opening that those promoting a BRICS currency have long has been waiting for? Interesting, the “C” in BRICS is for China, which has long been licking it’s chops for economic and power parity w the US. Opps! Despite it’s weathering the 2008/2009 economic meltdown quite well, China may just may be on the verge of an economic collapse, despite it’s managed capitalism ambitions. The real estate greed that almost sunk America seems to have been exported to all those Chinese wanna be real estate gambler/speculators who are now under water. According to The Economist, the recently held China Economic Work Conference is now promoting the slogan, “Housing is for living in, not for speculation”. Ha! A lesson they apparently had to learn the hard way as they now experience the Chinese version of America’s 2008 housing bubble. And then there’s all that Chinese debt debt debt and the economic effects of almost three years of “Zero Covid” migrating lockdowns. Hmmm, BRIS? 

Fortunately, “we’re all in this together!” Well, at least the central bankers are as they try to figure out more monetary “sleight of hand’ ways of of dealing with the massive amounts of debt each and every one of them has incurred. As I pondered in a FME post almost two years ago, perhaps massive debt forgiveness, a biblical “jubilee”, is the only logical solution. Which enables another problem… Moral Hazard. If the banksters (and Corp-O-Rats) know that debt forgiveness is inevitable, and soon to be the law of the land, why not borrow from and rob your local government and it’s hard working people and spend spend spend w impunity just like their wealthier heads of state and corporate counterparts do?!! It’s all just entries on a ledger that will soon be meaningless, if not meaningless already. Perhaps this is what Davos Man and Wall Street Suits, knowing their time is limited due to solar unknowns, are already doing in an effort to get while the gettin’s good. 

Recession on the horizon? Economic Implosion a certainty?! Well, that seems to depend on who you ask. According to Nouriel Roubini, who predicted the 2008 housing bubble/crash, in his recent article “The Unavoidable Crash”, as of now, global debt is unsustainable and asset values will plummet. But, then, a lot of econo’s have been suggesting that for at least the last five years. Asset values are certainly dropping as of late, and global debt continues it’s non-stop tear. What’s interesting about debt though, even trillions and trillions of dollars of global debt, as long as everyone trusts the entities issuing the debt, that those entities have the secure assets available and fiscal integrity to pay back the debt… “creditworthiness”, there is no debt problem. Smoke and Mirrors money magic. But once that trust and integrity is challenged and evaporates, and gullibility is exposed for what it is, there goes the whole fiat, as well as the digital/crypto currency, ponzi scheme!! Can you say Bankman-Fried? It’s amazing what can be done when sovereign nations, central bankers and wonder kid crypto traders become skilled in “perception management”, as we are all witnessing now with the covid, etc narratives.

Avi Gilburt at Sentiment Speaks, who favors an Elliot Wave approach to investment and economic forecasting, still sees reasons for short term optimism concerning Mr. Market and a recession. As of early October 2022, his system was continuing to show that there might be more short term upside to the market in the nearer future (2023) “before a long term bear market has indeed begun”. 2024? Since Mr Gilburt and Mr Roubini have a lot of street cred, it seems that it’s just a matter of time before the market adjusts accordingly. As to how much time…from the recent Epoch Times, ”2023 Spells Big Trouble for US Economy, Majority of Large Banks Warn”. From the article, it seems Goldman Sachs, Chase, HSBC and Morgan Stanley, are not too concerned about a 2023 recession. Interesting. How’s that for economic forecasting? Econo’s can’t agree on anything! House Republicans on the other hand, will most certainly agree on voting against increasing the Federal Budget when it’s up for a yes/no vote in Q3 September. I’m certainly not in a position to know the in’s and outs of our government’s fiscal and monetary “written in stone” rules and regulations, but the economist James K. Galbraith’s recent sober assessment, “the debt ceiling imbroglio is not a crisis, but a farce”, in Project Syndicate makes for some enlightened, informative reading. Perception Management, anyone?

One unspoken upside (go figure) to the Fed’s rise in interest rates is The Wealth Effect the average citizen with money in plain old, boring Certificates of Deposit at their local bank is currently feeling. And the Fed suggesting 5% interest in the near future?! Woo-hoo! Just like the good old pre 2008 real estate crash! Yeah, the fed rate is not keeping up w current inflation, but it is a positive psychological boost to pensioners and account holders who for years of 0% interest rates felt cheated by the system as Wall Street ate their lunch. Hmmm. Maybe that was the idea all along… get frustrated zero interest bank accounts to move their hard earned money into a brokerage account only to find out that the Wall Street house always wins, esp for those clueless as to investing! Crypto speculators? Alas, FTX. Lovely to see even the biggest boys gettin caught up in the crapto frenzy only to come crashing down. An old swap meet horse trader saying may be useful here… “Know you have the item sold before you lay your money down.” Seems to work well for me, “trading my own” vintage assets account.

Inflation? In the US, the consensus seems to think it’s manageable, not as bad as Wall Street finance and Fed Reserve had originally forecast six months ago. Gas has gone down. Shipping rates have gone down. Avocados have gone down back to pre-covid prices!! Yum! Many infrastructure commodities have gone way down, ocean freight shipping has gone down and even used newer model cars are going down. But, vending machine water has sky rocketed from 35 cents/gallon to 50 cents/gallon in the big city as clean, potable water continues to be an issue everywhere. It gets worse. I was just notified by The Economist that my just expired three year subscription would be increasing by 70% for a another three year renewal!! Oh my. I think I’ll pass and give newly discovered Project Syndicate, with their in house roster of respected econos, a try. 

Big city rents might be leveling off as the Fed interest rate and mortgage rate increases greatly slow housing demand (*) and banks willingness to loan to housing developers, possibly making the voracious private equity funds, and Air BNB speculators, rethink their easy money aspirations of being landlords/property mangers while taking affordable housing off the market in search of pillaging opportunities!! GRRR! Personally, I think allowing Wall Street to enter into and financialise housing and mortgages, as well as wealthy foreigners seeking real estate tax havens in America, has been the biggest reason for the decline of the American Dream, the slow death of the Middle Class and the massive increase in US big city homelessness. It seems the only person I’m aware of willing to state the obvious root cause of America’s housing crisis is Aaron Glantz in his book “Homewreckers”. As the recent China Economic Work Conference concluded in the midst of their housing crisis, “Housing is for living in, not for speculation”. Pick yer poison… Communism? Deregulated Free Market Capitalism? Common Sense is always the best “ism”. But then, what do I know… I’m only a general contractor/carpenter and vintage reseller moonlighting as an economist on the side.

Housing. Yes, with interest rates making mortgages a deal killer for most, it’s not looking good for home sales going forward, with certain (*) exceptions. However, if demand for housing suddenly goes into a tailspin caused by a flood of homes coming back on the market due to loans being underwater and covid vaxd and boosted home owners dying earlier than expected, things could get real interesting real fast. Home affordability for the hard working middle class may be coming soon, partly as an unfortunate consequence of the WHO/CDC/Bill Gates public relations push to “vax everyone” with an inadequately tested, mRNA, invasive medical procedure. California real estate investor Kevin Paffrath’s recent YouTube commentary, “Prepare for Home Prices to Collapse. Do This Now”, makes me hopeful the long overdue housing correction is now beginning. 

However, will Biden give first shot at soon to be underwater home foreclosures to his private equity buddies on Wall Street, just like Obama did? Birds of a feather… And/or will private equity funds throw in the towel as they realize being a landlord/property manager is too much friggin work, and just might be hazardous work, especially when irate tenants with sharpened pitchforks demanding affordable rents start showing up at their doors? Oh, you haven’t heard about the collusion of their corporate landlords getting busted using a proprietary algorithm to time apartment rent increases in unison across several big cities in the USA?! Mainstream legacy media, effectively controlled by Blackrock and Vanguard, drops the ball again. A lot of tenants have discovered the landlord collusion using RealPages’s Yield Star software, and a group of them from San Diego recently opened a lawsuit when they heard about it. Ohio Senator Sherrod Brown had this to say about it, “Renters should have the power to negotiate fairly priced housing, free from illicit collusion and deceptive pricing techniques.” Hopefully, settlement by pitchfork won’t be a possibility and the private equity, price gouging punks will exit Dodge while the gettin’s good. Gotta luv the opportunities only an unregulated free market economic system can enable. Where’s Savings and Loan fraud buster William K Black when we need him?

One teeny tiny nitch of the housing market that may do exceptionally well as the Great Solar Reset becomes Thee Hot Topic is underground bunkers outfitted for surviving the unknown after effects of our sun going through it’s cyclical thing… a once every twelve thousand year, cataclysmic orgasm – a Mini-Nova. That Great Solar Reset that I’ve been mentioning throughout this post, the real estate asset class that I’ve been (*) hinting at most likely to be unaffected by a drop in global home prices, the “survival bunker”. The deeper it is, the steeper the price? Ha!

Underground housing in caverns and tunnels seems most likely to be the next semi great building trend, at least until the mini-nova and/or a sudden twelve to ninety degree (?) shift of the earths magnetic poles and tectonic plates stops the whole production. Dirt as a building and insulating material may soon be in more demand than steel, gold or wood. As more and more attention gets focused on our sun’s every 12K year cyclical behavior, as more and more attention gets focused on the current, ongoing “magnetic excursion” (impending pole shift) happening faster and faster as we speak… and it’s unknowable consequences, the demand for long term survival “bunkers”, and the demand for those who can build those bunkers – excavators, soil engineers, structural engineers, and plain old physical laborers – is likely to be remarkable. At least until the power grid goes down indefinitely and all hell breaks loose. Sounds too fantastic to be true? Never forget, truth is most often stranger, and much more fantastic than fiction! 

And now, ladies and gentlemen, The Flea Market Economist is proud to present the “Star” of our Show… The Great Solar Reset!!

(please continue to next post, Pt 2 “The Great Solar Nuclear Orga… Reset!”… ??!!)

Dismal Dave Lancon © January 2023. All Rights Reserved. “Opps. Vax-idents Happen” and “Poison Covid-19 Vaccine” images ©. Sharing!!