Tuesday, October 20, 2020

Coming Famine?

 


QUESTION: I just want to be prepared. How long is the famine supposed to happen? 1-2 years? More?

SD

ANSWER: These lockdowns have already set in motion a reduction in the food supply. In the United States, there were temporary shortages of certain foods. You can see plenty of videos where farms lost 100% of their crops because they could not get the food into the supply chain. The greatest problem we have is that many farmers were hurt by the COVID-19 restrictions. The same was taking place in Australia. Then there have been climate issues with great floods in China.

We see that food prices should rise between 2022 into 2024 more aggressively but this should be from shortages. There is a 17.2-year cycle in famine. This is what has emerged from our database which extends back to 2200BC. There are times when famine results in war. The last major famine, for example, in North Korean (1994-1998) killing at least 600,000 from starvation. This next famine will begin in 2022 and will extend into 2028/2029 in varying parts of the world. Therefore, it is not consistent with one particular area. However, this attempt for the Great Reset is also pushing the crisis in reducing the food supply at a time when we should be stockpiling it.

A Blue Wave is Bullish?

 


It seems very strange that Trump was seen as being bullish for stocks, but Wall Street is trying to claim a Blue Wave will be even more bullish under Biden. Even the economist at Bank of America said the best scenario for the stock markets was a Democratic Party clean sweep. This seems to be the talk around Wall Street these days. Perhaps they just want to think positively.

We have laid out all the computer arrays based on the popular vote, Electoral College, the Senate, House, and provided the model on every state. The models are clearly showing a major trend change is coming in 2022. Even if a “Blue Wave” steals the election, there is NO WAY they will hold on beyond 2022.

There is ABSOLUTELY no way we are headed back to normal. This is NOT going away. They are pushing for Digital Currencies very rapidly. The target is still by January 1st. They will default on the debt outside the country by converting everything to perpetual bonds. They may increase the interest rate to some small positive yield. The central banks will simply declare this as capital. It will clean the balance sheets and allow them to start over again with normal interest rates set by credit risk.

We have reached the end of an era. There remains a serious risk depending on where the market closes for year-end, but we are staring in the eyes of rising rates on the 10-year level across the board in European debt with the dramatic expansion of the ECM balance sheet. It is smelling like the end is near and we may see a complete reversal of the trend unfolding for the next three years.

The pundits from Wall Street rarely get this right. They also tend to project the market from a fundamental perspective. If anything, 2020 is a major game-changer regardless of who wins the elections. This is not going back to the pre-COVID normal. It will also not be what the majority think.

Thursday, October 1, 2020

Tax & Deductions

 


QUESTION: What do you have to say about Trump’s taxes?

GS

ANSWER: Let me explain something. Let’s take one of the richest men in the world — Bill Gates. He achieved that station by co-founding and then leading Microsoft. Most of his wealth came not from his salary, but from the Microsoft stock that he owns, which was equal to about 10% of the company’s outstanding shares. Wealth gained from stock price appreciation is NOT taxable until you sell the shares. By holding most of his shares since the company’s founding, Mr. Gates DELAYED paying any tax on those capital gains. Then by donating the shares to the Bill and Melinda Gates Foundation, that wealth was NEVER taxed!

Why do you think all these people create foundations from the Clintons, Gates, to John McCain. You get to play with the money tax-free while you are espousing economic equality. There should be NO income taxes. It should be a consumption tax (retail sales tax). Donating money to a foundation that you control should be illegal, but

Welcome to the next 2 years of Sheer Madness

 



QUESTION: You do not think given the present animosity between the 2 parties, it would be best to let the Democrats win?
If you consider the KAOS for example fallowing a republican win, wouldn’t It be best to let the communists win, give them 4 years to destroy the economy, & any chance they will ever hold office again ??
After all, the only way to bring Liberals on the side with the like-minded middle of the road conservatives is to allow the radical left to show their hand!
We could have peace & quiet ( after 4-4 yrs) & decimate the Democrats all while holding the upper ground.
Perhaps it’s time to think of what’s best for the country ?? 4 yrs of pain would teach the young anarchists just how rough things could be!
Just a thought!

DL

ANSWER: If I assume that Trump loses and the Democrats also take the Senate, we are looking at real tyranny and perhaps that is what 2022 is all about. I testified before the House Ways & Means Committee back in the ’90s on tax reform. I explained that the biggest problem with the United States is that our tax code is like the brain wave of a schizophrenic. I have dealt with multinational corporations for decades and have to advise where to establish plants and where to avoid them. The #1 problem with the United States is that the Democrats come in and up go the taxes. The Republicans come in and they go back down.

Just because the Republicans win and cut taxes, that may last only 2 years. Companies NEED stability. Trump offered them a deal to bring their capital home and get a cut-rate one time. They would have to have been insane not to do so. However, if that was just cutting rates 5%, that would have been no incentive whatsoever and I would have had to advise stay where you are. You would not rent an apartment where the landlord has the right to raise your rate any time if he needs money. A lease is for a fixed amount for a fixed period.

The ONLY way to really drain the SWAMP is to (1) impose a rule that taxes cannot be changed unless there is a 2/3rds vote the same to impeach a president to prevent politics from creating this chaos, and (2) no family member may deal with any company or country that the politician is dealing with. This is STANDARD and it is dominant in Washington. They all claim they took nothing but it goes to their family.

In the case of Hunter Biden, let’s be honest here. The bank transfers he engaged in which showed up on U.S. government reports that “show potential criminal activity” by Mr. Biden, other family members, and business partners. The report’s phrasing is a sure indicator that Hunter Biden and his associates showed up by name in confidential Suspicious Activity Reports (SARS) issued by the Treasury Department.

To top it off, anyone else would be charged with money laundering facing 20 years in jail for what Hunter Biden did transferring nearly $2 million to his uncle. Then the money was sent to Chinese businessmen and to hide this transaction which is money laundering if anyone other than a politician’s family was involved. The bank made an inquiry about the large amount and after the Bidens were not forthcoming, the bank closed the account (see the Senate report).

When I was going to go work in Singapore for a while, I asked a friend there to find a nice condo for me and I would wire him the deposit which was $5,000. I got there after about 2 months later and he said to me he never got the wire. I called my bank and asked to trace it. HSBC then returned the money stating that they could not verify I had no interest in his personal account. I had to then write him a check. The Bidens could send millions of dollars that were very suspicious and the bank just closed their account?

This is how the SWAMP works. It is out of control. They hate Trump because he isn’t taking money.

I seriously doubt that we will have peace and quiet. REGARDLESS of who wins, the other side will not accept it. If Trump wins, I think they will do whatever they can to get rid of him by 2022. If Biden wins, we are looking at a major political crisis by 2022. There will be no 4 years of peace.