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Jack Heart's Conversations from the porch - Episode 56

Jack Heart's Conversations from the porch - Episode 56

Published 1 year, 7 months ago
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Contributed by anwn source: https://x.com/Palsvig/status/1824722707566498067

TODAY I WILL MAKE A RARE MARKET COMMENTARY:

This COMMENT is my take 

on the much acclaimed 

bogey man all encompassing 

“market crash” 

that we all “know” is 

“just around the corner”.

The experts have been talking about a market-crash for 20 years, well since the dotcom bust in 2001. 

Before reading on, do yourself a favor and look at the Dow Jones from 2001 till today. 

Now, I am a trader, I might be allowed to be wrong one year, and keep my job, if I had a very good explanation. Maybe one huge trade, that I could persuade my management would come to fruition within the following 12 months. But no trader in an American Investment Bank to my knowledge were ever allowed to be wrong two years in a row, no matter how many excuses you had.

You got fired. 100% for sure.

Now with economists and researchers, the socalled experts, it is very different. For some reason they may be wrong year in and year out, and they never lose their job for being wrong, as long as they express the consensus view, meet clients and write in the investment banks market research publications. 

Just like the famous sentence, “noone ever got fired for buying IBM”. 

We traders used to call the economists “reverse indicators”, because as a rule you would make money if you did the opposite of what they said. I noticed all the places I worked, that when the market had been going up for a while, they would all come out with a bullish report, and when the market had tanked/gone down, they would come out as the usual Johnny come lately with a report for why the market would go down even more. Always explaining what already had happened like a history teacher. Absolutely devoid of any clue about what was about to take place in the near and much less about the more distant future. 

They were/are precisely as clueless as the “experts” during the covid genocide.

Their timing was often impeccable and we traders often all looked at each other, nodded and did the opposite. 

Our job was/is to make money. Not look good. Not be part of the consensus crowd.

Our job was to be right, more often than wrong. 

No matter how often we were right and the economists were wrong, they still wouldn’t change, they still wouldn’t learn. 

Just as the “experts” involved in promoting the covid genocide, very few of them have gone public and admitted their mistakes that have been fatal and extremely harmful. 

Millions have suffered due to the “experts” ignorance and arrogance. 

With economists it is only money. With the covid it is of course much worse. I get that… of course.

However……..

And there is a “however” and this will follow now:

– money is also about politics, and the people engineering the false narratives about the soon to be upcoming all encompassing market crash have very very ulterior motives for you believing what they say. 

These are the people behind the 

“You will own nothing” – agenda. 

And when they say that YOU will OWN NOTHING, they don’t mean that your government pension fund will own everything and you will get a nice pension on retirement.

No they mean, that THEY WILL OWN EVERYTHING!

There are many ways to Rome for these unhumans (read Jack Posobiec “Unhumans”).

There are David Webb’s The Great Taking. 

David explains  how the financial authorites, (that would be the bad boys I call the Talmudic World Order), have over the course of 20 – 30 years changed the legislation, so they can engineer another “banking crisis” and then use that as an excuse to take all your deposits and ALL your securities. ALL OF IT!!!

To do this, they would need to get all Americans guns first. So I doubt that would happen in the near future.

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