Obama, Sanders, Trump – they lack understanding and wisdom!
Our current President proposes a $4.1 trillion budget for 2017 and deficits of $6 trillion over the next 10 years. He wants to increase taxes on crude oil by 24 cents to help government continue its growth and expansion. If gas prices stay low (this is uncertain) he thinks this tax will solve his finance assumptions. Then we have Bernie Sanders and his economics. Bernie just won a primary election in New Hampshire over Hillary Clinton. Sanders wants to increase general taxes by 5% and tax Wall Street speculators so he can expand government and give the young free education and free health care. His wisdom is more government, more Ponzi finance, and eventual Communism for all Americans.
This leader lacks wisdom on issues of Economics, Finance, Accounting, and the Keynesian model! Our National Debt has nearly doubled under his leadership!
These guys lack wisdom and understanding on current economic events and also prior history IMO!
Then we have our billionaire hotel developer, Mr. Trump, who wants to recreate another America of greatness with more military power, tariffs on the Chinese, killing all the ISIS warriors, and building a huge 800 mile wall to prevent immigrants from entering America on our Southern border. Do any of these guys have any understanding or wisdom? My sense is that they lack these qualities of character! What is now emerging (in reality) is the biggest financial crash in the history of our planet and these guys are proposing more Ponzi economics to fool and deceive the uninformed public. Our American public fall for all these gimmicks and rhetoric as most are totally unaware and uninformed on world events and global economics.
Donald Trump wants an 800 mile WALL to separate Mexico from America on our southern border! Will this solve the human problems which are the real issues in economics?
Our educational system has not taught the public to think as independent persons or to question grandiose assumptions espoused by leaders who desire to promote false models for our Nation and our planet. In reality, America is bankrupt and about to fall over the financial cliff from unpayable debt, deficits, an imaginary dollar, and a worldview of deception and illusion. Reality seems to be what our public wants to avoid and this deception will soon be magnified (in spades). Why are the American people so deceived and unaware of global economics? I have been teaching on this issues for some 40 + years and I have noticed that 99% seem uninformed and deceived when it comes to understanding money, finance, banking, the gold standard, economic value, wealth, and a host of similar issues.
The Keynesian economic model is based upon pumping up Asset Values forever! A pure deception!
Our education system has promoted a false set of assumptions on finance, banking, and economics for some 70 years. The model being taught in our higher institutions of education is called Keynesian Economics. This model has deceived and fooled our best students into thinking that math, numbers, and formulae can work as long-term symbols for our prosperity and economic growth. Our growth and wealth has been focused on math and numbers and not upon the hard realities of material reality. Math and numbers are not real wealth. Math and numbers are not material prosperity. Economics is about growing wealth! What is wealth? Can we ‘eat’ or ‘consume’ math and numbers? Where do math and numbers derive from? Do you comprehend?
John Maynard Keynes used ‘math and numbers’ as tools for continual growth! This game is now mostly over!
Math and numbers derive from our Consciousness (our inner mental source). Math and numbers are merely a ‘tool’ for growing wealth…not wealth themselves. Math and numbers are ‘imaginary’ units of our Consciousness and they vanish when real wealth loses its ‘value’. Keynesian economics (this model) assumes that math and numbers are representations of real wealth! This is pure deception! Obama’s $4.1 trillion budget and our $19 trillion National Debt are mere math and numbers! Bernie Sanders proposes more math and numbers for his government programs. Donald Trump does the same! What are they missing in their economic thinking? Can math and numbers grow forever and provide the basics of economics (food, clothing, shelter, transportation, and health care)?
Math and numbers create our prices, GNP, and accounting! This works until the game becomes illogical and corrupted! We are now at that point and the problems are now global and systemic!
In reality the game of Keynesian Economics is soon over! We now have math and numbers which can not be reconciled logically on our accounting books. Computers and algorithms now deceive the masses into thinking that math and numbers can grow forever and that real material wealth will follow? This, to me, is pure deception! Look at the Nations of Venezuela, Cuba, Zimbabwe, Russia, China, most of Africa for clear evidence that math and numbers are not working! The price of crude oil has recently crashed to $30/barrel. This reality is starting to create dominos which will affect all the derivative lenders who have guaranteed most of the debt of these nations. The derivative ‘time bomb’ will soon explode (some time in 2016 is very likely) and then all our banking institutions will ‘implode’. The concept that few understand is the concept called ‘VALUE’.
Keynesian economics demands continual increases in Asset Values! The end is now near!
Both China and Japan have extended increasing Asset Values to the Max! The trend is now changing and the trend is DOWN! Declining ‘asset values’ mean that debts can not be repaid! Eventually, this means a CRASH!
Asset ‘values’ have generally been going up, up, up for some 80 plus years. This is what Keynesian Economics has lived off. Pumping up Asset Values indefinitely is the model called Keynesian Economics. We now have ‘negative’ interest rates in many countries. All this happens so that Asset Values will not decline precipitously. But the game of increasing Asset Values is now mostly OVER! This means that all the underlying DEBT will be exposed! Derivatives have helped to carry all this global DEBT for the past 40 years. But this game is now also mostly OVER. What does all this mean? To me, this means that a CRASH of asset values is coming! All the Central Bank pump priming and QE can not stop this event from happening! The game of Keynesian Economics is SOON over!
Property ‘values’ have increased (generally) since the last Great Depression in the 1930’s! Keynesian economics depend on continual increases in Asset Values! This game, however, is now mostly OVER!
Negative ‘interest rates’ are the last straw of Keynesian Economics! This is now being promoted (globally) to prevent the eventual financial CRASH! It may work for a short period but IMO not long (maybe a year)!
Our President Obama, Bernie Sanders, and Donald Trump (along with all the other candidates) do not recognize these realities of economics. They ASSUME that math and numbers can continue to deceive and fool the markets forever! I think otherwise! We now need to prepare for the CRASH of all history (as our problems are global) and then start thinking about a NEW MODEL for economics going forward! My model is called Kingdom Economics! I think this model is ripe for real-time reality! But everyone needs to get understanding and wisdom! The young need to rethink the Keynesian model and discern why this model can not work going forward! Our presidential candidates need to get some economic wisdom soon as our economic problems will deteriorate from here! Think and learn on our own! Use the internet for your learning! Enjoy! I am: https://kingdomecon.wordpress.com.