Citi Bank is saying that an economic crash in soon coming. But others are saying that the Dow will continue its UP trend for another two years. Some economist's are say 60,000 is on the agenda for the DOW. The Dow is now around 39,600. It was over 40,000 a few days prior. So what gives? Is our economy going to crash or is it going to grow by another 20,000? Economist's are all over the board with their opinions.
Personally, I thought that our Stock Indexes would have crashed by now. But digital money is easy to manipulate and our central planners (who work behind closed doors) are preventing a crash for now. This is an election year for America and Great Britain and many other nations. I assume that our central planners will try to prevent any type of major crash for the remainder of 2024. But who knows? All is subjective.
Mr. Sunak, Prime Minister of Great Britain, is now calling for an election on July 4, 2024. He is behind in the polls and this means he could be history by July 4. Great Britain usually leads in general sentiment for our markets and this could be positive for Biden in the USA. But all is volatile in politics and anything could happen in Great Britain and/or the USA in 2024. Personally, Trump is leading in the polls over Biden (as of today) but the margin is narrow. I assume that the election in Great Britain could be similar.
Our puppet politicians continue to fool the voters with all their gimmicks, lies, and tricks. Money can sway the results in an election and both Great Britain and America are influenced by money interests. Today, we have digital money which gets created out-of-nothing (the mind of Central Bankers). Manipulation of computer money is easy for those who control the Central Bank master computers. A click of a computer mouse can result in unlimited units of currency flowing to select entities. It's all a CASINO market today.
So our Dow Index may go to 60,000 or it may crash tomorrow. No-one knows what these digital markets may have in store for us going forward. All is subjective and my sense is that our central planners will attempt to manipulate these markets upward as long as they can. The last real recession was in 2009 (some 15 years prior). We have had no real downturn in our markets for over 15 years. Can this continue for another year or two? Who knows? All is subjective and each expert has their OPINION.
My view is that something big is on the greater agenda for this planet. But when something will happen is impossible to predict. I have been wrong many times and my sense is that no-one really KNOWS what is on the greater agenda for this planet. God knows but man must merely think and wait. I do think that our global economy is KEY to real change, however. If the markets crash in the near future this will produce some real change. Until this happens, nothing meaningful will happen (so it seems). All is subjective and uncertain! Money rules for now!
As I write the war over in the Ukraine is becoming more dire. Russia is attempting to solve its security issues by killing Ukrainians who act against the Russian interests. To date, Russia has added some 20% to its territory by annexing prior Ukrainian territory. I don't think this situation will get resolved in 2024. The WEST (Biden, et al) are funneling more weapons and funds to the leaders of Ukraine. This has become a PROXY war for the WEST and the Ukrainians are the puppets. Zelenskyy appears to be a puppet of the WEST (mostly the American politicians). This will continue for now.
A military solution to the war over in the Ukraine is impossible IMO. Destruction leads to counter destruction. Russia will use their tactical nuclear weapons (if necessary) to maintain their security interests. The WEST will continue to use the leaders of Ukraine as their PROXY for continuing this war. It's all shameful and destructive for the common man. I feel sorry for the Russian and Ukrainian military who must fight each other with no FINAL solution emerging. Some 1 million have died to date since 2022. This is such a loss for the common man so that our political puppets can prosper. I call this Shameful and dire for real progress!
We need new leaders with a greater vision for this planet. As I write this is not happening. Our leaders are dysfunctional and corrupt to the core IMO. Nothing positive will happen given the current decisions flowing from both the WEST and the EAST. Biden is corrupt. Putin is corrupt. Xi is corrupt. Add Sunak and all the others to the pot. All these political puppets are leading the world to destruction (probably unknowingly). As of today, I witness no real change in the trends (all is down hill IMO). But maybe all this will eventually lead to progress for the planet. Who knows?
Watch the political situation over in Great Britain for signs of some meaningful change. The election is July 4 and this might give us some indication of where the American election is headed. As of today, Trump is leading over Biden. But there are still 160 days to November 5. Can our economy continue its upward trend until the election? The consensus is mixed. I say that some Black Swan will emerge prior to this election. Have a great day as we all watch, wait, and listen to all the lies!
I am: Donald B. Swenson, Economist/Philosopher, http://kingdomecon.wordpress.com. Also, donaldswenson.blogspot.com.
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