eddessaknight's Blog

Phd Economist Noami Prins Warns something startling !

"$150 trillion to ‘transform’ our economy into something we didn’t vote on… didn’t ask for… and very few are prepared for."

 

Something strange is happening behind the scenes in our financial system.

Amid the distractions caused by conflicts overseas, shortages, and inflation, Treasury Secretary Janet Yellen recently took the stage at an event called COP26 in Glasgow, Scotland to address some of the world’s most powerful people, including:

  • U.S. President, Joe Biden…
  • British Prime Minister, Boris Johnson…
  • Canadian Prime Minister, Justin Trudeau…
  • French President, Emmanuel Macron…
  • … and many more…

From the stage, Yellen called for world leaders to commit to a $150 trillion ‘global transition’ of our economy.

Since then, Bank of America has committed, along with 131 countries, 234 cities, and 695 of the world’s biggest companies.

Several billionaires, led by Jeff Bezos and Elon Musk have invested in this ‘transformation’ as well.

What is it that Yellen, Biden, Trudeau, Bezos and Musk are pushing for with their ‘transformation’?

And what does it mean for your money?

While the mainstream media is completely ignoring what might be the most important story in the financial world that nobody is talking about…

Investigative journalist and renowned economist, Nomi Prins, who predicted the 2008 market meltdown has followed the money…

And what she’s discovered is startling.

It has nothing to do with a market crash… a new reserve currency… or the end of fiat.

Prins says:

“While most Americans are distracted by mainstream media headlines, I’ve found evidence the elites are spending $150 trillion to ‘transform’ our economy into something we didn’t vote on… didn’t ask for… and very few are prepared for.

In essence, we’re about to see a stranger, more extreme ‘new normal’ in America.

Most people will be shocked when they see what happens in the months ahead.”

Prins considers this transformation so urgent, she has agreed to sit down for an interview to get her message in front of as many Americans as possible.

For now, there’s no cost to watch.

Click here to see how this ‘transformation’ could affect you – and find out what it means for your money.

Entry #1,624

Hard Rock Boss VS NJ Gov Prposed NO CASINO Smoking Bill

Allen, Cairman of Hard Rock International, told The Associated Press on Monday that smoking was one of several topics he discussed with the governor in recent weeks.

“I don't think I was trying to change the governor's mind,” Allen said. “It was a general conversation about the economic challenges of a smoking ban and the impact it would have” if one were enacted.

Phil Murphy
AP

We operate in many states where smoking is not allowed,” Allen said. “When you look at markets where smoking has been banned, there have been significant double-digit declines” in casino revenue.

Anti-smoking advocates say the casinos are overstating the potential economic impacts of banning smoking, predicting that customers and revenues will return after an initial adjustment period.



Read More: Hard Rock boss talks casino smoking ban with NJ Gov Phil Murphy | https://nj1015.com/hard-rock-boss-talks-casino-smoking-ban-with-nj-gov-phil-murphy/?utm_source=tsmclip&utm_medium=referral

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New York Senator Robert E. Kennedy Murdered on June 4th1968 :-(

Date Line:  June 4th, 1968 -Ambassador Hotel,  Los Angeles,CA 

RFK was mysteriously shot and mortally wounded after claiming victory in  California's Democratic primary in the  Ambassador Hotel by a Middle Eastern emigrant, Sirhan Bishara Sirhan, who was arrested on the scene

See the source image

Requiescat in pace RFK

Product Image

Entry #1,622

Trumpology: What will happen in 2024? ?

Former President Donald Trump has signaled he will announce his presidential intentions after the November midterm …

by Victor Davis Hanson

Trumpology

Former President Donald Trump has signaled he will announce his presidential intentions after the November midterm elections. Yet his record of endorsements is quite mixed. By the sheer numbers of winning primary candidates his stamp of approval is impressive, but in a few of the most important races, not so much.

 

The disaster that is the Biden Administration has been a godsend for Trump. Had President Joe Biden simply plagiarized the successful Trump agenda, there would have followed no border disaster, no energy crisis, no hyperinflation, and no disastrous flight from Afghanistan.

Had Biden followed through on his "unity"rhetoric, he could have lorded over Trump’s successful record as his own, while contrasting his Uncle-Joe ecumenicalism with supposed Trump’s polarization.

Of course, serious people knew from the start that was utterly impossible. A cognitively challenged Biden was a captive of ideologues. Thus, he was bound to pursue an extremist agenda that could only end as it now has — in disaster and record low polls.

Still, how ironic that the Biden catastrophe revived a Trump candidacy. Biden likely will cause the Democrats to lose Congress. His pick of a dismal Kamala Harris as vice president has likely ensured, for now, fewer viable Democratic presidential candidates in 2024.

Entry #1,621

Market monthly update

Another volatile month for the markets is in the books. With the recent stock upturn, unemployment staying low, inflation possibly peaking, and corporate profitability continuing strong (Walmart & Target excepted), some may ask whether the markets are now making a bottom? As we discuss in the attached report it is too inconclusive to tell, but we venture to think we are closer to the bottom than to much more downside distress. We all wish inflation did not hit us as hard at stores and the gas pump, yet indications are consumers are undaunted and we expect a robust summer travel season as people cut loose after 2+ years of fear and lockdowns of one kind or another. Everyone’s grown tired of not seeing the grandkids, not taking vacations, and not living normal lives…all of which means getting out and spending money.

We aren’t totally sanguine, and worries still abound – the Russian aggression in Ukraine and its global oil market impacts, continued inflation and supply chain problems (try to get a refrigerator delivered lately), and housing becoming even more unaffordable as interest rates rise. Time will tell the direction of the markets and economy as these opposing forces battle it out.

We would be remiss if we did not acknowledge the terrible event in Uvalde Texas. Our hearts go out to the community, but especially the parents of the innocent young children murdered senselessly, in yet another tragedy. Treasure what you have every day.

~MG

Entry #1,620

Your next Saturday morning smile!! :-)

Your next Sturday morning smile!!!
An old man walks into a barber shop for a shave and a haircut, but he
tells the barber he can't get all the whiskers off because his cheeks
are wrinkled from age. The barber gets a little wooden ball from a cup
on the shelf and tells him to put it inside his cheek to spread out the
skin. When he's finished, the old man says that was the cleanest shave
he's had in years. But he wanted to know what would have happened if he had swallowed that little ball. The barber replied:
"Just bring it back to me in a couple of days like everyone else does."
Entry #1,619

How To Stop Drunk Drivers From Killing Sober Drivers? Ban Sober Drivers From Driving

Hmmmm!!
  CHINA CLAIMS THAT CORONAVIRUS CAME FROM AN OLD STUPID BAT, BUT NANCY PELOSI DENIED HAVING BEEN INVOLVED.     "PAYDAY" CANDY BAR IS CHANGING ITS NAME BECAUSE IT'S OFFENSIVE TO THOSE WHO DON'T WORK.       IF THE CURRENT POWER GRID CAN'T HANDLE A NIGHT OF 20 DEGREES TEMPERATURES WITHOUT ROLLING BLACKOUTS, HOW ARE WE GOING TO PLUG 100 MILLION ELECTRIC CARS UP AT NIGHT?       ARE THERE ANY FOREIGN COUNTRIES THAT TAX THEIR CITIZENS AND SEND SOME OF IT TO AMERICANS?       IMAGINE, IF YOU WILL, A WORLD WHERE EVERY TWEET AND MEME MUST BEFACT-CHECKED BUT NOT A BALLOT.       HOW TO STOP DRUNK DRIVERS FROM KILLING SOBER DRIVERS? BAN SOBER DRIVERS FROM DRIVING. THAT'S EXACTLY HOW GUN CONTROL WORKS.     CAN WE STILL ORDER BLACK COFFEE? ARE BROWNIES BEING TAKEN OFF THE SHELF? IS WHITE CASTLE  CHANGING IT'S NAME? I'M SURE CRACKER BARREL IS SCREWED. CAN WE STILL PLAY CHINESE CHECKERS? IS THAT SEASON STILL CALLED INDIAN SUMMER? NO MORE ITALIAN SAUSAGES?  HOW FAR DO YOU WANT TO GO WITH THIS FOOLISHNESS?       HELL OF A JOB, DEMOCRATS! YOU'VE MANAGED TO BRING BACK THE 1918 PANDEMIC,THE 1929 DEPRESSION, THE 1968 RACE RIOTS, AND THE 1973 GAS PRICES - ALL ATTHE SAME TIME.  
Entry #1,618

"Don't give up the ship"

JUNE 1ST, 1813

The heroically wounded commander of the SS Chesapeake, Captain James Lawrence gave the order "Don't give up the ship" during a losing battle with the out gunned British frigate HMS Shannon in the War of 1812. 

Entry #1,616

Memorial Day, recall the forgotten male soldiers sacrifices made

Estimated American combat male deaths:

 

American Revolution War 1775 -1783  combat deaths = 25,000

-

Northwest Indian War 1785-1795 = 1,000

-

War of 1812 1812 - 1815 = 20,00

-

Spanish - American War = 13,000

-

Civil War (tragedy) 1661-1865 = 625,000

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Great Sioux War 1876-1877 = 300

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Philippine - American War 1898-1902 = 4,200

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World War 1 1917-1918= 17,000

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World War 11 1941-1945 =407,000

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Cold War 1947-1991= 32

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Korean War 1950-1853 = 37,000

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Vietnam War 1964-1973 = 58,000

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Beirut  1982-1984 = 266

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Grenada 1983 = 19

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Panama 1989 =23

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Persian Gulf War 1991= 269

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Somalia Intervention 1992-1995 =43

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Iraq2003-2011 =4,50

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Afghanistan 2001- 2021 = 2,448

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God Bess America

US Flag

Entry #1,615

Canadian Ocean Liner goes under the waves ~~ :-(

May 29th, 1914

The Canadian Ocean Liner RMS Empress of Ireland sank in the Saint Lawrence River in Eastern Quebec after colliding with  the Norwegian

cargo ship SS Storstad of the 1,477 people on board the Empress of Ireland  1,012 died  :-(

R.I.P.

Entry #1,614

1959 US ARMY Launches Jupiter

1959

US ARMY Launches Jupiter missile with Able, a rhesus monkey and Baker, a squirrel aboard for a suborbital flight in which both primates survived  Hurray!

Entry #1,613

The British Cunard ocean liner RMS Queen Mary on the high seas

1936 

England's Pride, the Royal Mail Ship Queen Mary begins her successful maiden voyage from from Southampton,England across the wide Atlantic Ocean to New York City  :-)

 

Wayfair WWII Photo Of RMS Queen Mary Arriving In New York Harbor By John Parrot - Photograph Print On Canvas & Fabric In Black/White EBHR3919_32118937 EBHR3919_32118937

Nota Bene

Not only a luxury sea liner breaking travel speed records, The Queen her duty during WW11 by becoming an active troop carrier across the oceans  :-)

Entry #1,611

WW11 major 'Malmedy Massacre' of 84 POW American troops during Battle of the Bulge, Belgium

December 17, 1944

According to various verified accounts, the Germans opened deadly fire on the unarmed prisoners in a field, a barbarous retaliation killing of more than 84 in what came to be known as the Malmedy Massacre, which was outside of the International  Geneva accords

This  Malmedy massacre was a German war crime committed by soldiers of the Waffen-SS on 17 December 1944, at the Baugnez crossroads near the city of Malmedy, Belgium, during the Battle of the Bulge. Soldiers of Kampfgruppe Peiper summarily killed eighty-four U.S. Army prisoners of war who had surrendered after a brief battle. The Waffen-SS soldiers had grouped the  U.S. POWs in a farmer's field, where they used machine guns to shoot and kill the grouped POWs; the prisoners of war who survived the g

....... :-(

 

Requiem en pace +

Thinking of...

US FlagUS FlagUS Flag

Entry #1,610