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December 10, 2016 | Finance/Money: It’s All a ‘Confidence’ Game!

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian:

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Today I did some teaching on the history of Capitalism and how changes have evolved since our founding back in 1608 and 1620. America started out with an experiment called Socialism or Communal living after Jamestown and Plymouth Rock. After people starved from the implementation of this model it was abandoned in favor of a new model. The new model was private property and Capitalism. This model has worked great until recent times. The accumulation of debt and funny money is bringing this model to its nadir. The model (called Capitalism) is now mostly over and people are desiring new changes for the global market situation…going forward!

We now live on a planet which has changed and become globally interconnected so that the entire global society is now a web of interconnections. Our new technologies have helped to create these changes and most everyone now thinks globally and acts locally. All this has happened gradually and relentlessly since our founding in 1608 and 1620. Planetary resources are now being shared globally so that the entire 7.4 billion on this planet can survive and prosper. The problem is that the model being proposed by our elites (to replace Capitalism) can not work when implemented. We call this new elite model the New World Order.

Henry Kissinger, George Bush, Sr., Gordon Brown, Barack Obama, Pope Francis, and a host of like-minded elites (within our United Nations) think that this NWO concept is a vision for everyone to adopt and support. The vision is now encapsulated in an agreement called Agenda 2030 which was unanimously passed in September 2015, in New York. Our United Nations has adopted this new model for the future of our planet. The ‘name’ being touted to the public is Agenda 2030. Few seem to comprehend the implications of this new model called The New World Order or Agenda 2030. What is it?

Basically,  a new model where sovereignty is given up by the Nation States, proposes that a Centralized body of elites rule this planet and all the people. Select (unelected) elites would administer the policies for everyone with a centralized banking system, a centralized judicial system, a centralized governmental system, a centralized military system, and a centralized religious system. Elites would rule this planet (from a Central location) and control all events via centralized polices which get applied to everyone on our planet. Is this a model that people desire? Is global Communism what people desire going forward?

Personally, I could not buy into this type of model for my children, my associates, and my relatives. History reveals that any centralized model which is administered from Top/Down does not work efficiently long-term. Dictatorship works to a degree (short-term) but everyone eventually gets less prosperous and individual freedom takes a back seat to those who run the centralized system. Who has the wisdom, knowledge, and character to administer a global system for everyone? Think on this! I would suggest NONE! So what is now happening that might create this vision (of our elites) for our planet?

So when the current financial/money system collapses (as the current ‘confidence’ game wanes and implodes) then the issue of who should rule this planet will become vogue for everyone. Today, our financial system is ‘calm’ and ‘serene’ as all our markets continue to go UP, UP, UP and everyone (those who lack wisdom) assume that this will continue for years. Few seem to discern that real change is coming. For “as in the Days of Noah” so shall it be at the End of the Age. People will be eating/drinking/partying and assuming that ALL IS WELL with the world (unaware that our ‘titanic’ economy is soon to sink).

People do not understand that our entire system of money/finance/economics is merely a ‘Confidence Game’ which has a cycle to it. The current cycle of ‘calm’ and ‘serenity’ continues until it ends. But the ending does emerge and the ‘Confidence Game’ does eventually END. Today, our Central Banks can prevent this ending (to a degree) with their algorithmic trading and computer manipulations. Even if supply/demand is not relevant for ‘price discovery’ and market changes…all these speed of light trading gimmicks (using algorithms) can prevent our ‘titanic’ from sinking (for a season). The ‘season’, however, does eventually END!

Confidence is maintained by our Central Banks (for now) as they continue to pump UP our markets irrespective of market fundamentals. This is what is now happening within all our global markets. Bubbles are everywhere! Supply and Demand is not working and prices do not reflect these historical forces (fully). Today, computer trading and computer manipulations (via algorithms, HFT trading, and select source codes) can prevent the CYCLE from occurring (for a brief season). When will the market process over-rule these Central Bankers and their algorithms? It must happen eventually! I think our wait is not long!

With the new TRUMP administration on the horizon and a new model about to be started by his followers, I sense that the END is nye. The current ‘calm’ (within our markets) will change rapidly as this new model of Mr. TRUMP and his administration is implemented. Today is December 9, 2016. The TRUMP administration starts on January 21, 2017. I sense that the start of a change in our ‘Confidence Game’ will begin at this point (possibly earlier). Get ready for this change now would be my advice. Change starts at the TOP and it will filter DOWN rapidly after January 21, 2017. That is my viewpoint! Enjoy the ‘calm’ for now. I am:

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December 10th, 2016

Posted In: Kingdom Economics

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