- The Atlantis Report
Major Banks & Hedge Funds start Shorting the Dollar — The Mother of all Trades — Got Gold? It is getting dicier by the day and looks as if everything is about to fall apart. America is headed for tough times. The same could be said for most of the world. An old order is fading because what cannot go on forever won’t. Get ready for the biggest collapse in human history. The Fed is preparing to extend its bond-buying program. Parabolic debt expansion. We did not boom the economy; we boomed the debt. Massive debt to keep the market up. More stimulus to add to the more national debt. The trade deficit is ballooning, with no end in sight. The dollar has come under increasing pressure since late March after the Federal Reserve pledged unlimited liquidity to support an economy hurt by the coronavirus pandemic. Interest rates are at 0% and can’t be lowered to provide easy money (If they go negative, banks take from your savings). A few people have all the money, and everyone else gets by on debt. Real unemployment is still very high. Less money is being spent globally, with the exception of online retail.