The Bull v Bear in the US Markets | Armstrong Economics


31-03-21 11:02:00,

While the general overview of this market by most technicians has been bearish simply based upon how high the market has risen, we are also in an interesting position where the fiction of vaccines is providing some underlying support. Based upon RELIABLE sources, this entire Build Back Better motto and a scheme were developed BEFORE COVID took place. This virus has been one of convenience and I know people were warned to sell stocks and bonds because a virus was coming and that was Jan/Feb 2020. That leaves only two possibilities.

(1) This is really the Fauci virus since this was the precise research he was doing and was told to shut down so he sent it to Wuhan

(2) They knew a natural virus would appear seasonally and they would exploit it as extremely dangerous

While Europe is still trying to push the Great Reset and destroy as much of the economy as possible that is reliant upon fossil fuels, there is no question that this virus has been greatly exploited and exaggerated for political purposes. In the United States, because the power has resided with state governors, it has been more difficult to accomplish the economic contract that we see in Europe especially in Britain where Boris Johnson is in bed with Bill Gates.

Consequently, the US will not see the economic devastation that we are witnessing in Europe because Trump was in charge and made no effort to lockdown the entire country. Additionally, politics is so corrupt they rely on corporate donations and they have been getting a lot of resistance.  On the private blog, I warned that the Biden Administration, according to reliable sources, was looking at putting a tax per mile that you drive in addition to the gasoline tax. That would create an army of new government employees and a nightmare of enforcement.

That all said, the real impact of all of this nonsense has been to seriously disrupt the supply chain in everything from food to electrical appliances. These shortages have already led to rising prices and consumers are starting to realize that it may be cheaper to buy today because whatever it is will be more expensive tomorrow. That is the REAL stimulus to inflation – not the increase in money supply which has been exponential since the 2007-2009 Financial Crisis with no inflationary impact.

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