Markets are wild. The real economy is weak. Tensions are high... What's different about 2019 is that - this is a contraction phase!
Yet, the mainstream media and the propaganda they force-feed the public, is never-ending. I guess, there's nothing really new about that. 2018 was a warning to investors about "what drying up liquidity brings" and it's only a matter of time before something snaps.
If you're looking at charts, if you're looking at statistics, sometimes it doesn't make sense. But when you start to place everything together, that's when the bigger picture is drawn for you
More and more individuals cannot keep up with their expenses. It's a matter of fact, no matter where you are looking in the United States, Canada, areas of Europe and Asia and basically everywhere. Today the cost of living is too high.
That's because individuals don't get paid enough and by increasing the minimum wage you're gonna fix the problem? ........ No wait a minute it's universal basic income that's the problem right?
No! What we need today is to realize the underlying problem and that is central banks. Central banks have caused this dislocation in between reality and what you are seeing. When you look at the central banks and what they do they devalue the currency every single day. They make it impossible for you to save money. They have decided that this is the way to go and so you have problems that pop up all over the place and every time there is a contraction things get worse.
Parts of the world are suffering in some ways simply because the expense is being set too high. The taxation is ludicrous today. And what is the government doing? Well, nothing to fix the problem. Of course, they don't want to do that. They apply more taxation and they try to make things more difficult. As a result, the problem only gets worse. As expected we keep hearing this falsehood about how well the economy is doing - about all of these (low paying) jobs, about all of the success that businesses have today.
The central banks, including the ECB, prefer to point out that inflation remains too low. They justify insisting on a record low base interest rate. However, they do not say that we have inflation when we are talking about rising cost of living in terms of wages, growth in health insurance costs, rising rents, growth in the value of all assets in which the wealthy invest cheap money, to which they have access through central banks.
What I want to say is....just watch what are you doing with your assets, your money - in 2019