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jonathank1's Recent Activity
Housing recovery could also tumble off the 'fiscal cliff'
Thu Nov 15, 2012
How does high home prices fix the economy? Like this: Banks create money when we borrow. They do not lend existing money. Google for "DEFLATIONARY CRASH KONDRATIEFF WAVE" to understand how. This new money inflates the money supply and makes it easy to earn, makes it easy to pay old debt. This is why …
Bernanke's stamp on Fed could tie hands of successor
Tue Nov 13, 2012
There is not much the FED can do. 1. FED makes credit easy. 2. Banks do not lend because they don't think they will get their money back. 3. Borrowers do not borrow because they don't think they can pay it back. Google for "CONQUER THE CRASH KONDRATIEFF WAVE" to understand how the money supply can d …
Congressional deal on 'fiscal cliff' would water down deficit reduction
Mon Nov 12, 2012
The finances of a country is quite different than the finances of a family. Google for "PREPARE FOR MARKET CRASH" to understand the root cause of the problem. In a debt based monetary system, the budget cannot be balanced for a long time because the money supply (all the money we have) was borrowed …
Dow skids 300 points on worries of 'fiscal cliff'
Wed Nov 7, 2012
Stock market is a bubble. Deflationary crash is coming and Great Depression is going to pale in comparison. Google for "how to prepare for market crash" to understand the deflation problem. Nothing has been fixed. Coming crash is going to be worse than 2008.
Jobs data unlikely to sway undecided voters
Fri Nov 2, 2012
U3 is not an accurate estimate of unemployment. There are many people who have given up and do not get counted. Another way to look at unemployment is to count who is actually employed. Google for "Unemployment Kondratieff Wave" to see a different employment chart.
Bank of America squeezes out a slim profit
Wed Oct 17, 2012
These banks are not out of the woods yet. Bernanke has a lot more printing to do. Google for PREPARE FOR MARKET CRASH to understand our problems. An entire nation cannot borrow for decades together and then hope that all will be fine when the pay back time arrives for all borrowers.
Stock investors wary as profit picture dims
Sun Oct 14, 2012
If printing money were the answer to economic problems, Zimbabwe would have prospered. The economy is going to crash not because of what we are doing today. But because of what we have done for the last 70 years. Entire world cannot borrow for decades, inflate the money supply and prices with debt a …
Federal deficit cut, but tops $1 trillion for fourth year
Sat Oct 13, 2012
The finances of a country is quite different than the finances of a family. In a debt based monetary system, the budget cannot be balanced for a long time because the money supply (all the money we have) was borrowed at interest. It was created when we borrowed. It will never be paid off. And in ord …
Hey, good lookin', your job outlook lookin' good
Thu Oct 11, 2012
Let's require Afghan Burkas to be worn at workplace so that we all are equal.
Jobless claims drop to lowest level since 2008
Thu Oct 11, 2012
U3 is not an accurate indicator of unemployment. There are many people who want a job but they do not qualify for benefits and they are not counted! Real unemployment is about 15-20% right now. Another way to look at unemployment picture is to count who is actually employed: www.kondratieffwavecycle …
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