Understanding Economics and Money

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Thursday, August 31, 2023

Biden used Pseudonyms to Communicate with Son's Business Deals! What else?


The corruption at the TOP of our government grows daily as the House Oversight Committee gains new information on the criminal behavior of our sitting President. The Wall Street Journal says that Joe used many pseudonyms as he communicated with his son, Hunter, on issues of foreign money issues (now called Bribery by the House). The WSJ listed three private email accounts used by Joe:

1. robinware456@gmail.com

2. JRB-Ware@gmail.com

3. Robert.L.Peters@pci.gov

It also appears that some 19 - 20 special banking accounts (LLC) accounts were set up so as to hide the flow of foreign funds coming to the Biden family from various foreign Oligarchs. Countries identified include Ukraine, Romania, China, among others:


Is any of this confirmed by Joe...as he try's to publicly deny any of this criminal activity while serving as America's Vice President? To date, Joe is denying all the accumulating evidence which grows daily. Whistle Blowers, banking institutions, the National Archives and Records Administration, and even foreign political associates...all seem to confirm that our President has used his high office to create money flows to himself and his family while simultaneously serving his Nation. 

It has also been revealed that Hunter Biden traveled with his Dad on Air Force Two to some 15 different foreign countries as he negotiated his various business deals. Is any of this real? My sense is that Joe Biden, Hunter, and the Biden family are in DEEP doo doo if this type of behavior is proven to the American citizen/voter. Today's internet world allows investigators to uncover corruption rather easily. Records are recorded within the internet cloud and data gets revealed from various sources (which in olden days could be concealed and covered up). Not today!

Our House Oversight Chairman, James Comer, wants to see all of the pseudonym emails so he can determine what happened and why these alias accounts were used to send government information to family members. Hunter's laptop, now available to the investigators, point to these clandestine communications between Joe and Hunter (and maybe many others). What was the goal and purpose for all this corruption? It all seems to POINT to activity which was criminal. Is this typical behavior for all government leaders? Has similar behavior been part of our governmental SYSTEM?

My sense is that many government leaders have wallowed in this type of corruption to advance their personal wealth and political image. Today, this type of behavior is difficult to cover-up. Our internet world allows all types of data to be revealed to investigators who desire to determine the real culprits. Both the Democrat party leaders and the Republican party leaders will find that financial corruption will be much more difficult to conceal going forward. We all need to learn from the Biden corruption so that this type of behavior is stopped going forward.


Will Joe eventually acknowledge that his behavior was corrupt? This is unlikely. The Deep State may decide to challenge all these revelations and attempt to BLAME Trump for all these events. As of today, Mr. Donald John Trump has been indicted by four different political entities and this allows Biden's crime to be overlooked by the masses (to some extent). Also, our MEDIA tends to protect any leader who holds a High Official office which they want to advance for political purposes. Blame Trump is now the mantra of many Democrats and Media personnel who desire that power in Washington be of their flavor!


The Russia and Ukraine scandals are unraveled, corruption and greed exposed. No one is better at uncovering the truth than these two investigative journalists." - Gregg Jarrett, FOX News legal analyst and author of the #1 NYT bestsellers The Russia Hoax and Witch Hunt.

An exhaustively researched book that reads like an investigative thriller, Fallout reveals how Obama's "Russian Reset" led to corruption, scandal, and a desperate bid to impeach Donald Trump.


But is the Donald really any better (when in POWER)? What about Bill Clinton, George Bush, Lyndon Johnson, Richard Nixon, etc.? Has serious corruption been part of our governmental SYSTEM for decades? 

        






Conclusion: Is it time to recognize our situation as voters and CLEAN HOUSE? My sense is absolutely! The evidence is overwhelming that our SYSTEM is broken. A NEW MODEL is needed and this means that the Kingdom of our Creator is coming to planet Earth. The 6,000 years of political corruption will END as this NEW AGE emerges. I find this solution as very CONVINCING to me. What do you think?





The above is my perspective/viewpoint! You may AGREE and/or DISAGREE!

I am: 
Donald B. Swenson, Economist/Philosopher, donaldswenson.blogspot.com.
http://kingdomecon.wordpress.com

Tuesday, August 29, 2023

Let's Agree to Disagree on issues of reality (when necessary)! Why?

 




We live in a world of opinions, perspectives, viewpoints, and beliefs. I have my view on where this world system should go. You have your view. Most thinking individuals have a 'viewpoint' on issues of importance. Agreement is never possible when it comes to core issues of ultimate reality. Our founding fathers did not agree on many issues of religion, politics, war, philosophy, education, or history.

Today, our world is governed by leaders who SEEK agreement on their political decisions of importance. Biden wants agreement on 'climate change issues'. He wants agreement on economic issues, border and immigration issues, military issues, social and education issues, and also on beliefs about reality. Biden is America's current President. He is no different from Vladimir Putin, Xi, Modi, Sunak, Erdogan, etc. All political leaders what their constituency to BOW to the official political mantra (viewpoint).

Politicians need 'agreement' in order to govern the masses. But reality is governed by individuals with different 'points-of-view'. Each human person has a 'point-of-view' on any given issue. I hate the war over in the Ukraine (for example). Most, however, bow to the official mantra that America must continue to supply Ukraine with MORE lethal weapons so they can WIN this war with Russia. For me, this is pure FOLLY and foolishness. Winning is not possible in a world of NUCLEAR weapons. Impossible!

Personally, I view reality as the acceptance of a Higher Power who controls our daily reality. I disagree with those who think reality follows the WILL of select political regimes. For me, Biden, Putin, or Xi do NOT control events on planet Earth. These leaders operate 'at effect' (mostly unknowingly). They are actually AGENTS of our Higher Power, Higher Intelligence, Greater Consciousness, or our CREATOR God. All human beings live 'at effect' and bow to the inner programs which govern this universe. That is my point-of-view. Others hold different points-of-view. This is the reality of our human condition.

We all live with a unique 'point-of-view. If this is reality, then I need to ACCEPT this reality in my daily living. I need to accept my wife's point-of-view (even as it differs with my point-of-view). My son has his point-of-view which often differs with my and my wife's point-of-view. What does this mean as we each live our lives on this planet? Should I force my point-of-view on another person if I have a position of political power? Should I mandate my political philosophy on you or another citizen so my policies can be realized?

We live in a world of political philosophies which differ from nation to nation and also within a nation. All this leads to polarization, disagreements, and contention. For some, it leads to WAR and DESTRUCTION. Our world works only for those who can IMPOSE their WILL (and policies) on the MASSES (who like and dislike these policies). Some agree with the war policy of Biden and some disagree with this policy. Some agree with spending billions on climate change issues and other disagree. Some support a strong border (immigration) policy and others say let's have totally OPEN borders.

On economic issues, some want low interest rates to borrow and spend and grow wealth. Others want higher interest rates to stem INFLATION (price increases) and reduce spending. It's all a 'point-of-view' which changes from person to person. Within religion, some view Jesus as God Almighty and others say HaShem (Yahweh) is God Almighty. Some say a Trinity governs this universe and others (like myself) say our Creator is a Singularity (ONE SOURCE or Creator God). We all think differently and this produces DIFFERENT points-of-view on the issues.

My philosophy says that each individual has a UNIQUE point-of-view. This means that I need to ACCEPT all viewpoints as valid (even as I reject all viewpoints to establish my own personal viewpoint). I must 'accept' and simultaneously 'reject' when I communicate with another point-of-view. Agreement will follow on many issues of reality even as disagreement will follow on many core issues of reality. If this is reality, then how should this planet be governed? Can a system where 'man' governs this planet work (longer term)? Personally, I don't think so!

We need to each PRAY to the ONE Higher Source (our transcendent God) and allow different responses from each Agent Source which lives on this planet. I must agree to disagree with another Agent Source (individual/person) even as I hold to my own point-of-view. I say that you must do likewise. We can live on this planet with disagreement if our GOVERNMENT is the Kingdom of God. But it is near impossible to live successfully on this planet (with core disagreements) under a MAN ruled planet. A MAN ruled planet demands 'political correctness', 'group think', and forced mandates (political agreement).

Our ONLY solution to this dilemma is a NEW SYSTEM where we all can agree to disagree on any given issue. This is possible under the coming KINGDOM of GOD regime (now emerging). Our Biden, Putin, Xi ruled world prohibits any solution to this HUMAN CONDITION (our condition where we each hold different/unique points-of-view of many issues of reality). Religion, Science, Education, and Politics must change so each person can HOLD and AFFIRM their own personal POINT-OF-VIEW. Think on this idea as you do your own homework on issues of reality!


Do Biden and Putin see the war reality differently? Why? Is this a normal result of our human condition? Are there different points-of-view?


Did our universe emerge from a Big Bang or was it created supernaturally? Do we have many different points-of-view? Why?



Each point-of-view seems valid to the individual observing the event. But viewpoints do differ!


Mr. Russell does not discern that my 'fact' may be different from your 'fact'. Facts are really 'interpretations' of reality. Why all the religious denominations? Could it be that my scriptural interpretations may be different from your scriptural interpretations?


My objective truth derives from my perceptions and interpretations of reality! Are we each doing the best we can given our situation? I think so!

Monday, August 21, 2023

BRICS: Is a NEW WORLD ORDER a forming? Will it be HOT or COLD?

The BIG three at the BRICS conference will be India, China, and Russia. But watch what Saudi Arabia does? Will they also join with the core? The issues are forming a NEW WORLD ORDER for trading currencies. This could start a hot and/or a new cold war with America! Watch!

The BRICS conference tomorrow is meeting because of the need to form a new world order for our currencies. The $ (now digital) has been the Reserve Currency since the end of WW II. This situation has favored America and allowed America to purchase goods/services from the entire planet with no real (immediate) consequences. The BRICS desire to change this situation going forward!

America can run a TRADE DEFICIT into 'infinity' as long as the world allows this corrupt situation to continue (allowing America to use their Reserve Currency status to buy goods/services from the entire planet with no real consequence). America's trade deficit allows American consumers to purchase goods and services from the entire planet as if they OWN the planet. This situation is now ENDING with the BRICS nations (now meeting in South Africa) for a three day conference (August 22 - 24). 

Will this meeting produce meaningful CHANGE for a NEW WORLD ORDER for our currencies and for trade among nations? My sense is YES. A new world order is a forming as of this week. The $ is the key issue as America can SANCTION anyone on the planet and not suffer any real CONSEQUENCES. This is unjust and it will END with this conference of the BRICS (IMO). Next week we should get the results of this meeting. Some 71 nations have been invited to attend this important conference.

My sense is that the de-dollarization concept will be up front for this meeting. Nations will agree to trade without the use of the $ as the core (reference) currency. The Yuan, Rupee, Reel, Ruble, and other local currencies will be used for trade settlement between these nations. At some point a NEW BRICS currency will be introduced. This is axiomatic as their MUST be some reference point for all these trading (digital) currencies. The only real reference point is GOLD. AU is the historical reference point for ALL national currencies. 

Will the U.S. sit back and allow all this change to happen without any push back? I don't think so! The U.S. will recognize that their RESERVE currency status is waning and disappearing (over time). This will create the need for push back (probably in the form of a HOT war with select nations...say Russia/China). My sense is that America will push back as the $ is key to America's survival as KING of this planet. Our EMPIRE was created by this RESERVE currency called the American $. All this is now ENDING!

The BRICS will likely START a process of de-throning the American digital $ and this is my prediction for this conference which meets tomorrow and after. The reality is that we really do not NEED any Reserve Currency for this planet. Gold can act as the reference point for ALL currencies. The history of GOLD reveals this role for this precious metal (also silver will play a new role going forward). America's FREE trade role is coming to an END. As of today, America is running a $1 trillion annual trade deficit. Shameful!

www.usdebtclock.org

America has created continual trade deficits and national deficits since the END of WW II. At this moment our DEBT situation is ominous. We have some $33 trillion of National debt and $102 trillion of total debt. This situation was allowed because of America's role as the core RESERVE currency for the planet. My sense is that this historical favorite situation is now ENDING for America. Starting tomorrow we could witness the beginning of the END of this Reserve Currency situation for America.

Will the $ be punished on the International Forex Markets? This may or may not happen tomorrow or immediately in 2023. America has many friends and our dominance in the military front may allow us to continue with a favorite role for the $ for a few more months. The END may take some months to occur. But my sense is that this END could start tomorrow and later this year (2023). America is using their favorite role to SANCTION many nations. The only solution is to END our Reserve Currency Status (for America).

Watch the events as they happen tomorrow and later. It may be next week before I know what transpired in South Africa with the BRICS. I will keep you informed in a future missive. Have a great day! I am: donaldswenson.blogspot.com. 


http://kingdomecon.wordpress.com

Friday, August 18, 2023

Sentiment Changing, My CRASH Scenario VALID! Prepare!


Sentiment is changing quickly and the evidence is now overwhelming. Sentiment is key to future trends and investor confidence is now waning. I have noticed this trend for a few months but the evidence continues to grow. Here are some tit bits to think about as you watch the emergence of a historic market crash evolve:

1. A billionaire, Michael Burry, has bet some $1.6 billion that our markets will crash soon. Michael bet similar for the 2008 financial crash. His bets are called PUTS and this means he is SHORT the markets. Warren Buffet is also selling assets and building up cash for the coming crash.

2. Mortgage interest rates are now the HIGHEST in 20 years. This event is slowing down the housing markets and crashing the commercial real estate markets. This is a leading indicator of my CRASH scenario. What happens in the real estate sector does create the trends for the general markets.

3. The pundits are now noticing that the NDX (Nasdaq - 100 index) is pointing to recession (based on passed history). We have had some 14 years of upward stock markets and this trend is now ending. This NDX index has increased some 38% for this past year. Has it now peaked? I think so!

4. Extreme selling prices are being asked for select homes. Diane Sawyer (for example) is selling her property in Martha's Vineyard for $24 million (a 500% increase from its purchase price in 1995). Another ranch property near me is selling for $29.95 million (another extreme price that suggests a peak in real estate prices). This happens (typically) prior to a major CRASH in housing.

5. China is now experiencing DEFLATION and this is ominous for the world economy. China has mostly had an inflating economy for nearly 20 years. This is now ending pointing to this coming huge market correction in the making. Will China try to re-inflate? Probably!

6. Some 69% of consumers (in our cities) are living from month to month with no real savings for this coming economic calamity. Homelessness is everywhere in all our major cities. It is sad to see the tent cities in cities like San Francisco, Philadelphia, Los Angeles, and New York city. Homelessness is now pointing to a huge WEALTH disparity between the rich and the poor in America. 

7. Politicians are lying daily (think of Biden) as they espouse their FALSE beliefs about our economy and the trends. Biden is espousing that our economy is stable/sound/growing even as the above facts grow in certitude. Is his lies going to change sentiment? I don't think so!

8. Our FED (America's Central Bank) is ignoring the coming BRICS conference and their desire to dethrone the $ from its perch. This important conference is next week (August 22 - 24) and the bet is that a major announcement towards de-dollarization will develop and be promoted. A gold backed digital token may also be announced. All this means a $ crisis is looming for later this year. 

9. A de-dollarization means both inflation and deflation for the American economy. Inflation will happen in some sectors (say energy) and huge deflation will happen in others (like our real estate markets and consumer durables). This will drive consumer sentiment DOWN quickly.

10. Finally, America's DEBT situation has skyrocketed since the debt ceiling agreement this year. The National Debt is now over $32 trillion (nearly $33) and our total debt is over $102 trillion. These numbers NEVER decline as America can not live on its real production. America has had a Trade Deficit for over 49 years and the National Debt grows daily (it never declines). When will America DEAL with this situation?

https://usdebtclock.org/

Conclusion: We are heading for the BIGGEST financial CRASH is all history. My sense is that this crash will start this year (2023). My prior date (for this start) was September and/or October. I hold firm to these dates as the evidence continues to build. Sentiment on economic issues can change quickly in today's digital world. I sense that this is happening as I write. Sentiment and confidence is waning.

It might be wise to buy some silver and gold coins now as these prices have been SUPPRESSED for years. Our central planners at the FED and our TREASURY have suppressed and manipulated these spot prices since 2011. This is done to FOOL investors on the soundness of our FAKE $. The prices are MUCH below what they should be given our DIRE financial situation. 

Smart money is now buying silver coins and gold coins as the FINAL end to our monetary system is on the HORIZON. At the core of any money system is GOLD and SILVER. Our digital currencies are total FAKES and these imaginary units work UNTIL the market CRASHES. Look all around yourself (at this moment): where is a digital $? where is a digital Y? where is a digital R? Can you find it? Enjoy the mental effort and think about what happens when SENTIMENT changes for the masses!











Politicians can lie with a straight face and FOOL the masses! But its getting more difficult now that masses of consumers are starting to THINK independently!

Billionaires and corporate executives have dumped around $9 billion worth of stock this year (2023), taking advantage of the latest market rally to cash in their holdings.

According to a report from CNBC, the biggest seller was the Walton family, the heirs to Walmart and Sam's Club. The family sold off $4.39 billion in Walmart shares during the first half of 2023, shedding their holdings as the retail giant gained 9% in the first six months of the year.


Have a great day! I am: Donald B. Swenson, Economist/Philosopher, donaldswenson.blogspot.com.

http://kingdomecon.wordpress.com


Wednesday, August 16, 2023

My Eschatological ASSUMPTIONS (as of today)! Are the SEALS open or being opened NOW?


My worldview says that mankind (you and I) are living in the End-Times and that events happen (generally) according to inspired scripture (God's revelations). I view the words of Revelation, Daniel, Ezekiel, Isaiah, along with the prior words of Yeshua (which we read in the New Testament) as valid (generally) for understanding these End Times. The Big Question for this missive is: are we now in the time period of the SEALS of Revelation? Has the FIRST seal been opened?

First of all, I do view all interpretations of scripture as speculative to some extent. No-one can KNOW with certainty the WORD of our Creator God (God is beyond anyone's full understanding). I can read scripture and then give you my 'interpretation' of these words. I can not give you any final certainty that my 'interpretations' are totally valid, however. I also, sense that no-one can do this (no human being on this planet). All we human's are limited and our speculations must be based upon ASSUMPTIONS. Having said this what are my assumptions with respect to the SEALS of Revelation?

Have any of these 7 seals (outlined in Revelation 6, 7, 8) been opened as of today (August 16, 2023)? My sense is NO! None of the SEALS have yet been opened. We are still awaiting the opening of the FIRST seal. What is the FIRST SEAL that needs to OPEN? The first SEAL is this White Horse event that goes out into our world to conquer and establish his BEAST kingdom. This SEAL sets off what I call the Tribulation. This event is a harbinger of future events for these End-Times.

Prior to this SEAL being opened, however, we need the CHURCH AGE to end. Revelation implies that the Church Age started after the death of Yeshua (say around 33 A.D.). This Church Age has evolved and changed but it has not ENDED as of today. Apostasy is now prevalent within this Church body (of believers) which started at Pentecost and which continues to exist as of today. I witness this apostasy when I attend one of these established churches within Christianity.

What eschatology seems to say is that this Church Age must END prior to this coming period of Jacobs Trouble called the Tribulation period. We are now close to this end but not quite yet. This implies, to me, that the Tribulation has not started and the SEALS of Revelation are yet to OPEN. I listen to many prophecy pundits who CLAIM that the first two or three SEALS are now open (witness Bo Polny). Yet, his interpretations do not seem valid to me. Listen for yourself!


Bo Polny is getting lots of attention within prophecy circles as he is convinced that the first three SEALS of Revelation are open (NOW). He says that the White Horse is actually the Covid virus pandemic which started in January of 2022. This SEAL led to the 2nd seal of global conflict being open (the Red Horse) and this is now leading to the Black Horse (our economic collapse). His many timeline projections are on the internet to follow and I have followed his thinking for years. Some of his assumptions seem valid but many seem totally misplaced.

My sense is that Bo Polny (and his false prophets) have it all wrong with respect to the SEALS of Revelation. His timeline projections have been inaccurate and fallacious IMO. I think this happens because his 'interpretations' of the SEALS (the timing) are invalid. In reality, these SEALS have yet to OPEN. Seal #1 is not this corona virus (as he espouses) but it is the coming man of sin (called the Anti-Christ). This coming BEAST system of the Anti-Christ has yet to emerge IMO. When it emerges we will be in the TRIBULATION (not before).

There are many prophecy pundits who base their prophecies upon their 'interpretations' of scripture. Quoting the words of scripture can SEEM meaningful to those who lack discernment, but to those who think seriously about today's chaotic political events, these words of scripture can be SPUN in many different directions. Bo has millions of followers as he is convinced of his 'interpretations'. I, however, believe that his interpretations are PARTLY misplaced (invalid). His intentions are good but his end product is misleading and misplaced.

The SEALS of Revelation are yet to OPEN IMO. The Lion of Judah (now glorified) has permission from Yahweh God to OPEN these seals at the appropriate time. When the FIRST seal opens I think we will witness this man of sin appearing (called the Anti-Christ). This has not happened as yet and this means (to me) that the SEALS are yet to open. Prior to opening this CHURCH AGE must come to an END. This is happening (as I write) but it is not fully happening (as of today). That is my 'assumption'! The Church Age is ending but it has not ENDED!

Revelation is a prophecy from Yahweh God (via his messenger the glorified Yeshua) via an angel who appears to John in a VISION. The vision starts with the Church Age as ending and then the real end-time events START. Revelation 4 gives us the concept of an END to the Church Age as Yahweh God is portrayed as being ON the THRONE as King and Ruler over planet Earth. Then in Revelation 5 the start of the SCROLL message is presented. The Lion of Judah (the glorified Yeshua) is given permission to open the SEALS. Yahweh God is the WORD (on the throne) who allows Yeshua to OPEN the SEALS. Nothing happens until Yahweh God gives his final WORD!

As the SEALS are opened tribulation emerges for planet Earth. The White Horse symbolizes this Anti-Christ person (who establishes his BEAST kingdom over the entire planet). The Mark of the BEAST gets implemented and everyone is FORCED to buy/sell with a 'mark' (identity code). We are now near the time of this coming event. Digital currencies will lead to this BEAST financial system for the entire planet. We could witness this beast system in the next couple of years. The first SEAL will open prior to this coming beast financial system IMO. We need our world economy to crash prior to any of these events happening! That is my ASSUMPTION!

All these prophesied events can not happen given our situation as of TODAY. My sense is that a CRASH of our financial markets must happen FIRST to set the STAGE for this White Horse person (BEAST system). The Harbingers of these events are here NOW but the START can not happen until our financial system crashes. That is my viewpoint. All the theories of Bo Polny are invalid given that his 'interpretation's' of scripture are invalid IMO. His prophets can not be TRUE prophets as he maintains in his videos. Listen to Bo for many valid ideas but also many invalid conclusions. That is my viewpoint.











Have a great day! Watch for the coming financial crash and THEN prepare for the first SEAL opening. I am: Donald B. Swenson, Economist/Philospher, donaldswenson.blogspot.com.

http://kingdomecon.wordpress.com


Saturday, August 12, 2023

Let's talk AI, CBDC, Biden corruption, and more!

 


The AI revolution is positive for man long-term (when the STATE vanishes). AI is detrimental to man given a centralized STATE in control. We need to think BIG and eliminate the STATE. America was founded upon this idea that the 'individual' is SUPREME! The STATE must die!

The new technology called Artificial Intelligence is what I use daily with my Smart Phone. I can ask Siri questions and get instant answers. All this is positive and good for our consumers. But what is dangerous and potentially detrimental is a STATE controlled Siri (or similar) which dictates a user's behavior based on STATE mandates. Also, any technology which puts the centralized government in control of our electronic computers is dangerous for mankind. This is why I will not take the 'mark of the beast' when it becomes our money system. I suggest that you also avoid this event!

Today, we live with a banking system which is mostly run via electronic computers and algorithms. Quant's program an algorithm for the benefit of those who desire control over various aspects of our economy. Most of our 'prices' today derive from algorithms within a computer. I follow the silver/gold markets and these metals are daily manipulated via algorithms. Prices are not negotiated freely within a free market system. Who can do this manipulation? It's a computer behind a closed door.

Money rules our system and today's money consists of 'digits' within our computers. We have no observable currencies for most of our financial transactions. Digits (these are virtual units within cyberspace) serve as our money. This is dangerous for mankind as those who control the master computers can dictate who gets what and when. The person(s) in control of a master computer (acting behind closed doors) can dictate if my 'digits' are valid/invalid and they can even destroy all my money 'digits' with the stroke of a computer key. It's totally diabolical.

What is needed today is for everyone to recognize that computers (machines) rule over us and this is not good for our freedom and happiness. Given that our money units are now 'digits' in the computer we could ELIMINATE all banking institutions from this planet. Why do we need banking institutions when computers (machines) rule over our financial actions. I can use my Smart Phone for all my financial transactions and by-pass any bank. I can get a loan via the computer, invest via the computer, and save via the computer. Let's eliminate all BANKS.

After we eliminate all banks let's work on eliminating the money digits. These digits are derived from human consciousness and technically do not exist as material objects. We do not need these money digits during the Kingdom Age (which is coming). We can use APPS and our Smart Phones for all buying and selling. APPS can catalog the goods/services within our economy and distribute these goods/services via an APP. We can ELIMINATE all money from this planet. This will happen during the KINGDOM AGE. Money is technically an EVIL which we can eliminate. Amazing!

The coming CBDC's are nothing to worry about as this evil can be eliminated after the tribulation period is over. Banks and money transactions will vanish and all goods/services will be made available to mankind via our Smart Phone APPS. Our CREATOR GOD has a plan which does away with all MONEY. But this can not happen until the tribulation has been completed. Man will continue to control, manipulate, enslave, and kill until this age of MAN is over. The coming KINGDOM AGE will result in a NEW MODEL for mankind.

We can all start to RENEW our thinking for this coming Kingdom Age. Our Creator's plan is a 6,000 year plan for man's rule and then a 1,000 year plan for the Kingdom Age. During this Kingdom Age our Creator rules over all society. Man's individuality and subjectivity will be promulgated as the 'individual' is SUPREME during this Kingdom Age. Biden will be done ruling as will Putin, Xi, Modi, Sunak, Kristersson, Lula da Silva, Kim, and all the others who desire POWER over others. There will be ONE KING over planet earth and this will be our CREATOR GOD!

With respect to Biden and his corruption, I can say that this corruption will most likely continue for the time being. This week our DOJ (Department of Justice) appointed a special counsel to handle the Hunter Biden bribery issues. This special counsel is attorney David Weiss of Delaware who has already desired to get Hunter off of any serious criminal issues. Will this special counsel also try to get Joe Biden off of further legal issues? The justice system does not favor the common man. It favors those who control the system and those who HIDE behind closed doors for their policies.

We will need to watch what happens going forward. The corruptions (within our government) are huge and those in POWER may desire to COVER-UP all these issues so JOE can get re-elected in 2024. Watch this attorney called David Weiss as he is now in charge of the Hunter Biden legal issues. My sense is that our House Oversight Committee will continue with their investigations and all this will be made PUBLIC. It is unlikely that Joe Biden can survive this transparency. At some point the news will become overwhelming and beyond the ability of our media to ignore.

Fox News is now the sole source of news on the Biden Family corruption (with a few alternative media sources also giving us information). The main news information from CNN, MSNBC, and CBS tend to down play any corruption of the BIDEN clan. We do not have an objective news coverage today. All is subjective and political. The LEFT is currently in control of our media (mostly) and the news...and this means that most American's are ignorant of what is happening. I watch all news channels as I realize that all is subjective today.

Some huge events are happening this year. The coming BRICS conference (August 22 - 24) is on my agenda. The coming Republican debates (August 23) are on my agenda. The Ukraine war situation is on my agenda as this war is key to our survival as a species. We need a new model for our world system and this model is the KINGDOM model. Man's rule ends and our Creator's rule prevails. That is the key to all events IMO. We need a NEW MODEL for planet earth so liberty, freedom, justice, and happiness can happen (for everyone). Revelation 22 seems to suggest that the Kingdom Model will eventually arrive!


This pundit is very smart but not the best communicator. Go to 20 minute point for BRICS info and 30 minute point for details on our Fed and potential consequences of Fed policies. 


Few fully understand the danger of CBDC's (Central Bank Digital Currencies). American's will not approve this invention but our Fed may try to MANDATE this currency for our markets. Biden is in favor of CBDC's but many economist's do not favor this trend. I am totally AGAINST a CBDC. 

Think for yourself on all these issues. I must do likewise. Have a great day! I am: donaldswenson.blogspot.com.

http://kingdomecon.wordpress.com


Sunday, August 6, 2023

Biden/Trump Corruption Saga reveals DOWNFALL of AMERICA! Listen to Maria!

 


When I listen to the Biden Saga with his son, Hunter, it reveals the state of America (politically). The evidence is now overwhelming that Joseph Robinette Biden can not last much longer as our President. Joe is totally compromised (politically) as the evidence of his prior behavior reveals his corruption and criminality. My sense is that he will be forced to RESIGN...by his many followers who sense this downfall is imminent.

Along with the corruption of Biden we have the continuing indictments of Donald John Trump over his behavior as President. The Donald is being indicted for crimes which the DOJ and the Biden clan view as central to their philosophy of Democracy. It's all a SAGA which has no basis in promoting progress for America. The entire SAGA is political and it reveals that the Empire called America is OVER!

The outcome of this SAGA is a continuing DOWNFALL for the Empire called America. The downfall will start with a BANG once our economy crashes (later this year IMO). The American people tend to ignore much of this corruption as long as the economy is growing and wealth accumulates to the many. Once this wealth evaporates, then the American citizen will demand change.

America is heading for a HUGE collapse both financially, politically, and socially. The math which I follow shows America's financial condition clearly:

www.usdebtclock.org

The daily revelations by our House Oversight Committee reveal the growing evidence of a Biden criminality while serving as America's Vice President. We can imagine that the Obama administration will also get reviewed as corrupt. This is also happening with the prior Trump administration. The Donald is obviously imperfect in his character, but the Biden administration sees this corruption of Trump but not the corruption within their own house.

Personally, it now appears that some 40% of American's will forgive the Donald of his flaws even as the Biden flaws are growing. I imagine that some 40% of American's will forgive Joe (since they voted for him) even as they continue the persecution of Trump. It's all a SAGA with no winners. America is going to hell in a hand basket. 

Nothing meaningful will happen, however, until our economy crashes. Money covers up the thinking of the many who use their wealth as their proxy for reality. America is still rich and prosperous and this feeling (called the wealth effect) is real for a majority of Americans. Wealth covers up any serious thinking and meaningful action gets delayed.

All will change quickly, however, once our economy crashes. My sense is that this will happen prior to the end of 2023 (say October). The signs are now everywhere that our economy is in serious trouble. The high interest rates are part of the issue. The collapsing commercial real estate sector is part of the issue. The growing poverty in our cities (now tents everywhere) is also part of the issue.

When will a body of thinkers conclude that enough is enough. I sense that this will happen when our economy crashes (not before). I talk to many retired citizens here at my clubhouse in Arizona. Most are aware of our downfall but do not wish to deal with this downfall. Escape is the mindset of the many. I witness this (especially) in the religious community. They are all HOPING to escape via a RAPTURE.

The religious community generally senses that America is finished as a nation. But they refuse to talk seriously about this situation for now. The few who do talk are looking for some avenue of ESCAPE. Get me out of America is the mindset. Many say they are SAVED and that they are scheduled to escape via this bodily rapture event. It's all in their scripture as they 'interpret' this scripture.

What a mess I witness. Few desire to challenge the system or those in positions of authority. We all sense that trouble is coming (but not for me) is the mantra. Listen to Maria in the above video for more details on Biden's collapse as America's leader (President). Can he survive for another 90 days? I tend to doubt it! Think for yourself. I am: Donald B. Swenson, donaldswenson.blogspot.com.


WHY does BRICS want a gold backed currency! Eventually!

 



Will the BRICS (who meet August 22 - 24 adopt a new gold backed currency? If not, will they promote a de-dollariztion process? We need to understand why all this is happening!

Since the closing of the gold window in 1971, our world currency system has functioned without a material 'anchor' and/or a 'reference point for value'. The history of commerce (international trade) involves a philosophy of exchanging VALUE for VALUE. Value is the KEY concept within economics which evolved gradually from BARTER. VALUE has always been assumed to be intrinsic within select 'things' (goods).

To calculate VALUE one needs 'reference point' for VALUE. When America started their economic system, the DOLLAR was chosen as America's reference point for VALUE. The American dollar (paper or otherwise) could be used in any marketplace for calculating VALUE (in exchange). International trade involves the exchange of products (which are presumed to have VALUE). How did this work historically?

The American dollar ($) started out as a symbol and a number ($1.00) which had no material reality in itself. The word 'dollar' is imaginary and merely part of our 'consciousness'. So the 'dollar' starts out as a 'unit of consciousness. It's a pure mental abstraction. Today, we say that our 'dollar' is virtual/digital. This is equivalent (essentially) to the American dollar prior to its definition in terms of some 'thing'. So what happened to give our 'dollar' some material reality (substance)?

What happened is that Thomas Jefferson and Alexander Hamilton (the inventors of our $) decided that this 'unit' (of consciousness) needed to be defined in terms of a material substance (that people viewed as giving them confidence when trading). After testing the marketplace these founders chose silver (and gold) as the material items which seemed to be viewed as having VALUE (in the marketplace). The Spanish coin which Thomas Jefferson used to define our first 'dollar' was the Spanish peso (also called dollar). He had this coin assayed and discovered that it contained some 371.25 grains of pure silver.

In 1789 - 92, our Congress studied the thinking of Thomas Jefferson and Alexander Hamilton and decided to choose SILVER as the first material 'reference point' for the American dollar. The Coinage Act of 1792 was produced and this ACT defined the American dollar ($1.00) as 371.25 grains of silver. Gold was also viewed as an equivalent reference point for VALUE (giving our dollar a value of 24.75 grains of Gold). At the time, the silver/gold ratio in the marketplace as 15:1.

America now had a monetary unit which could be traded in the world marketplace for other goods and services. Nations would accept our silver/gold backed DOLLAR for their products. A VALUE for VALUE exchange could be negotiated as all nations accepted the concept that SILVER and GOLD had VALUE (in exchange). International commerce could be conducted with confidence as all nations agreed on the idea that SILVER and GOLD had meaningful VALUE (in exchange).

The American dollar (when defined) had meaningful exchange as this currency unit could be exchanged (if desired) for units of silver and/or gold in the marketplace. Central Banks could use our DOLLAR as a reserve currency as it was viewed as STABLE/sound and also a unit which everyone accepted as a viable LEGAL TENDER unit (for goods and services). All this broke down in 1971 when Nixon closed the American gold window (due to American mismanagement/inflation) and America refused to redeem foreign held dollars for our gold (after August 15, 1971). All currencies then became FIAT units of nothing (mere 'numbers') in a bookkeeping system.

In 1974-75, Kissinger (America's Secretary of State) helped our dollar to regain some stability by getting OPEC (mainly Saudi Arabia) to PRICE all their OIL in American dollars. This created the concept of a PETRO DOLLAR which helped America to continue the mantra that our DOLLAR was tied to some material thing (oil). From 1975 to 2021, the petro dollar had relevance (for most nations). This all changed, however, when Saudi Arabia agreed to accept alternative FIAT currencies for their oil (starting in 2021). Biden may have been part of the problem!



Today, we have a NEW group of nations which want to reestablish a SOUND and STABLE international currency system. This group is called the BRICS group of nations. Brazil, Russia, India, China, and South Africa make up the core group (BRICS). Many new nations now desire to JOIN this core group and form a new international trading union (with new currencies). De-dollarization is the new concept. A growing group of nations wants to drop the DOLLAR and trade using their own national currencies going forward.

On August 22 - 24, the BRICS group (along with some 40 or more additional nations) will meet to talk about this concept of de-dollarization (dropping the dollar and using national currencies for trade settlements). This group will eventually make up OVER 50% of all global GDP (gross domestic product). Talk will also center on the idea of creating ONE currency which is GOLD backed for this group of nations. A gold backed currency (exchangeable/convertible) would be a REAL challenge to the AMERICAN dollar.

The mis-managment of the American dollar along with the virtual/digital nature of our dollar is forcing these BRICS nations to desire a new system for global trade settlement. Also the Ukraine/Russia war situation is forcing Russia to abandon the American dollar as sanctions can be imposed upon Russia if they continue to trade with this American dollar. The desire is to get out of the dollar trade system and establish a NEW SYSTEM for the BRICS nations. Watch the meeting on August 22 - 24 for more details.

Our world money system is changing rapidly. My sense is that the American dollar will be in serious trouble by the end of 2023. We could witness a dollar crash in the markets as alternative currencies replace our historical reserve currency (the dollar). This crash (in value) could happen prior to the end of 2023. All this is ominous for our stock market and our bond markets. Interest rates could also be in play as this NEW SYSTEM of trading evolves. Prepare for BIG changes in our currency markets by the END of 2023.

Money is a confidence game and the system which we currently have is ephemeral. My sense is that the BRICS will start with global de-dollarization and then move towards a GOLD back currency.  Much could change by the end of 2023 and early 2024. Today, we have a VALUE system based on NOTHING. Digital currencies are VIRTUAL currencies. Virtual currencies are really UNITS of NOTHING! Amazing! Think for yourself to discern!







Our digital currencies get created by the punch of a computer key. The units have zero intrinsic value. Central Bankers manipulate their 'imaginary' value (artificially). This is unsound for international trading. The BRICS want this to change going forward!

 
The BRICS could involve over 50% of global commerce (GDP) by 2024! This would produce a de-dollarization for trade settlement and also dethrone the American dollar from its dominate RESERVE status.




This video will give you some details on the up-coming SUMMIT in South Africa, August 22 - 24, 2023!

I am: Donald B. Swenson, Economist/Philosopher, donaldswenson.blogspot.com.

http://kingdomecon.wordpress.com