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Has The Deep State Begun Its Revenge On Trump?
Authored by Nick Giambruno via InternationalMan.com,
The Deep State is set to prick the largest bubble in human history today…
The Deep State is the permanently entrenched “national security” bureaucracy – the top tier of the military, the CIA, FBI, NSA, etc. It also includes the Federal Reserve, the quintessential Establishment institution.
They all hate President Trump. They did everything possible to stop him from taking office. None of it worked. They fired all of their bullets, but he still wouldn’t go down.
Of course, the Deep State could still try to assassinate Trump. It’s obvious the possibility has crossed his mind. He’s taken the unusual step of supplementing his Secret Service protection with loyal private security.
But for now, anyway, the Deep State’s next move is to pin the coming stock market collapse on Trump. He’s the perfect fall guy.
When people think “Greater Depression,” they’ll think “Donald Trump.”
Right now, the Federal Reserve is the Deep State’s weapon of choice.
The economy has been on life support since the 2008 financial crisis. The Fed has pumped it up with unprecedented amounts of “stimulus.” This has created enormous distortions and misallocations of capital that need to be flushed.
Think of the trillions of dollars in money printing programs, euphemistically called quantitative easing (QE) 1, 2, and 3. Meanwhile, with zero and even negative interest rates in many countries, rates are the lowest they’ve been in 5,000 years of recorded human history.
On top of that, the too-big-to-fail banks are even bigger than they were in 2008. They have more derivatives, and they’re much more dangerous.
If the Deep State wants to trigger a stock market collapse on par with 1929, it just has to pull the plug on the extraordinary life support measures it’s used since the last crisis.
This outcome is already baked in the cake. It’s just a matter of when… and there’s a good chance “when” is today.
Source: Ben Garrison
In December 2015, the Fed raised interest rates for the first time in almost a decade, from 0% to a mere 0.25%. It kept rates there until last December, when it raised them to 0.50%.
The Fed also announced it would accelerate rate hikes throughout 2017 – three in total. It will probably announce these rate hikes during the seven remaining Federal Open Market Committee (FOMC) meetings scheduled for 2017.
This means the Deep State could trigger its controlled demolition today.
Yesterday's Fed rate hike (which will likely be the weakest period of economic growth for a rate-hike since 1980) could help prick the massive bubble in the stock and bond markets.
Trump recently said:
What happens if that interest rate goes up 2, 3, 4 points? We don’t have a country.
In any case, I think some of this year’s rate hikes will be much bigger than the 0.25% most expect. The Fed could pull a series of 0.50% rate hikes… or go even bigger.
Anything greater than the normal 0.25% tempo would shock the market—and seem designed to hurt Trump.
Trump seems aware of the situation. He recently said, “They’re keeping the rates down so that everything else doesn’t go down.”
He’s also said that “we have a very false economy” and the stock market is a “big, fat, ugly bubble.”
During the campaign, Trump called Fed Chair Janet Yellen “highly political.” At that point, he said the Fed should raise interest rates but wouldn’t because of “political reasons.” (Raising rates before the election would have hurt Hillary Clinton.)
Now, even a small rate increase is a lethal threat to the US budget. The US government currently needs over $400 billion from taxpayers just to pay the interest on its debt. Tax receipts are just over $2 trillion.
If interest rates rise…
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1%, the government would need over $600 billion to pay the interest on its debt.
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2%, it would need over $800 billion.
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3%, it would need $1 trillion.
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4%, it would need over $1.2 trillion, or over half of what it currently snatches from taxpayers—again, just to pay the interest.
Clearly, none of this is sustainable.
The Deep State is planning moves during Trump’s first 100 days in office that could change everything in sudden and unexpected ways.
* * *
Doug Casey and I put together this time-sensitive video explaining how it could all go down. You must see this urgent video before the Establishment makes its next move. Click here to watch it now.
Source: http://silveristhenew.com/2017/03/16/has-the-deep-state-begun-its-revenge-on-trump/
