Author Archives: Ket Garden

Media keeps people mentally enslaved to the ideas they deem correct

The Trump Hate Media Mob attacked President Donald Trump the same day he was inaugurated. But Trump fought back and called it «Fake News.» So, what has happened since then? Easy; MSM is much better today than only a few years ago. Thanks to one man; Trump.

Tiffany Trump talked about MSM in her speech at RNC earlier today. She said; «If you tune into the media and you get one biased opinion or another. And what you share, if it does not fit into the narrative that they seek to promote, then it is either ignored or deemed a lie regardless of the truth…

This misinformation system keeps people mentally enslaved to the ideas they deem correct,» she said. «Working together, outside of our political comfort zones will accomplish so much more. Some cynical politicians do not seem to believe in the miracle of America. Well, I do.»

Later on, she referenced Cuban immigrant Maximo Alvarez`s speech from the first night of the RNC, saying, «Having hope is not weakness, and believing in miracles is a gift from God.»

«So tonight, I want to tell you the uncensored truth of what we believe in: We believe inequality of opportunity. We believe in freedom of thought and expression… We believe in school choice because a child`s zip code in America should not determine their future.

We believe in freedom of religion for all faiths, and we believe in the American spirit, a country founded on ideas not identity, a country where our differences are embraced and the only country where the word «dream» has been attached to it.»

«In America, your life is yours to chart. So, if you`re hearing these things and thinking to yourself, «That is a country that I want to live in, then whether you realize it or not, you are a Trump supporter,» she added.

These are great words from a young woman, but she also talked about the election. She said; «This election, I urge each and every one of you to transcend political boundaries. This is a fight for freedom versus oppression, for opportunity versus stagnation, a fight to keep America true to America. I urge you to make a judgment based on results and not rhetoric.»

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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President Trump secures the Republican nomination

In an in-person roll call vote, Republicans officially renominated President Trump to represent their party on the ballot in the November 3 presidential election, officially locking in the GOP ticket an electoral battle against Democratic presidential nominee Joe Biden and his running mate, Kamala Harris.

This is obvious, but it is a big surprise to see the Dem`s nominated Joe Biden. A man who has so many cognitive issues. People voted for Trump in 2016 because they wanted a disrupter, a game-changer, and a man who could stand up to China and «drain the swamp.»

The 2020 Republican National Convention is an ongoing presidential nominating convention in which delegates of the United States Republican Party selected the party`s nominees for president and vice president in the 2020 United States presidential election. The convention started today and will continue until Thursday this week.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure the accuracy of the information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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The Japanese economy shrank -7,8 percent in Q2 and that is the steepest decline ever

The Japanese economy shrank -7,8 percent in Q2 and that is the steepest decline ever. This was the third straight quarter of contraction which means Japan is in a deep recession amid the severe impact of the COVID-19 crisis.

Private consumption fell -8,2 percent vs -0,8 percent in Q1. Exports plummet -18,5 percent which is the most since Q1 2009. The economy collapsed 27,8 percent in the June quarter, and that is the deepest on record.

Japan was the tech darling in the 80`s. Their consumer electronics industry was once considered the strongest in the world. But now the tech giant is in a state of decline as consumption arises in countries like China, the United States, and South Korea.

However, video gaming in Japan remains a major industry. Japan became a major exporter of video games during the golden age of arcade video games, an era that began with the release of Taito`s Space Invaders in 1978 and ended around the mid-1980s.

Japan dominated the industry until Microsoft`s Xbox consoles began challenging Sony and Nintendo in the 2000s. That being said; Japan is now the world`s largest market for mobile games.

Japan`s strong economic growth ended with a big crash in the late ’80s and early ’90s. In the late 1980s, abnormalities within the Japanese economic system had fueled a speculative asset price bubble of a massive scale.

The bubble was caused by the excessive loan growth mechanism known as the «window guidance». As economist Paul Krugman explained; «Japan`s banks lent more, with less regard for quality of the borrower, than anyonw else`s. In doing so they helped inflate the bubble economy to grotesque proportions.»

Trying to deflate speculation and keep inflation in check, the Bank of Japan sharply raised inter-bank lending rates in late 1989. This sharp policy caused the bursting of the bubble and the Japanese stock market crashed.

Equity and asset prices fell, leaving overly leveraged Japanese banks and insurance companies with books full of bad debt. The financial institutions were bailed out through capital infusions from the government, loans and cheap credit from the central bank, and the ability to postpone the recognition of losses, ultimately turning them into zombie banks.

The Japanese asset price bubble was an economic bubble in Japan from 1986 to 1991 in which real estate and stock market prices were greatly inflated. In early 1992, this price bubble burst and Japan`s economy stagnated.

The bubble was characterized by the rapid acceleration of asset prices and overheated economic activity, as well as uncontrolled money supply and credit expansion. More specifically, over-confidence and speculation regarding asset and stock prices were closely associated with excessive monetary easing policy at the time.

As a result of all this mess, Japan started to «print money» like never before, and now Japan recorded a government debt equivalent to 236,60 percent of the country`s GDP in 2019. Someone has to pay for this, but who? The people of course.

The Personal Income Tax Rate in Japan stands at 55,95 percent, which means more than half of the people`s hard-earned money goes to the Government in Japan. On top of that; their interest rate is negative at -0,1 percent which means people have to pay money to the bank and not otherwise if they have money stored in the bank account.

Policymakers noted that the outlook for economic activity and prices are extremely unclear, depending on the consequences of the virus and the magnitude of their impacts on domestic and overseas economics.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure the accuracy of the information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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The Eurozone has entered a steep recession and face the biggest drop in GDP on record in Q2

It is now confirmed. The Eurozone saw the biggest drop in GDP on record in Q2. The Eurozone economy dropped 12,1 percent in the three months to June 2020. But this is not as bad as the UK, which is the worst country in Europe.

COVID-19 hit the economy hard in Europe. The invisible enemy also hit the demand for services and goods. As you can see from the chart below, the Eurozone has entered a steep recession and a new wave of viruses can push the Eurozone into depression.

Poland`s GDP deopped 8,2 percent YoY in Q2 of 2020, and that is the biggest decline on record. The Dutch economy shrank 8,5 percent on quarter in the three months to June 2020, and that is the biggest pace of contraction since comparable records began in 1988.

The United States started a New World Order right after World War II, but that system is now broken. Donald Trump is making new trade deals and Brexit makes the UK Boris Johnson to do the same. They are rebuilding the system.

Looking at the growth around the world is funny. Singapore is suffering with a drop of 42,9 percent in GDP QoQ 2020. Next on the list is the US; down 32,90 percent.

But here is the funny thing; before the UK which is down 20,40 percent, communist country Venezuela`s growth dropped 23,70 percent. So, Venezuela is in the middle of the United States and the United Kingdom.

On the other end, China`s growth QoQ is up 11,50 percent, followed by Bangladesh (8,20%), Vietnam (6,88%) and Pakistan (5,79%).

The coronavirus is a threat, but a wave of corporate bankruptcies is a much bigger threat. The world is sitting on a bankruptcy time bomb.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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The UK GDP plummeted 20,4 percent in Q2 of 2020, and that drop is the biggest since the records began in 1955

The growth in the UK has been almost flat for a very long time, but an invisible enemy called COVID-19 made it worse for the UK. The UK GDP plummeted 20,4 percent in Q2 of 2020, and that drop is the biggest since the records began in 1955.

The drop means that the UK, like the US, is officially in a recession. People were told to stay at home and that is expensive. Private consumption accounted for more than 70 percent of the decline in the GDP in the UK, and that is down by 23,1 percent. Fixed capital formation also plummeted -25,5 percent.

At the same time, there is good news from the UK. Industrial production skyrocketed 9,3 percent month-over-month in June 2020. That is the biggest jump in industrial output since March 1972. The jump came after the lockdown due to the coronavirus pandemic.

More good news; manufacturing grew 11 percent, and that is the largest increase since records began in January 1968.

The unemployment rate in the UK came in yesterday, and it stood at 3,9 percent in Q2 of 2020. The unemployment rate is unchanged from the previous three-month period and below market ecpectations of 4,2 percent, as many people gave up looking for a job and who were therefore not considered to be unemployed.

Approximately 7,5 million workers were away from work in the UK in June with over 3 million of these being away for three months or more.

The UK is in a recession and hard times are here to stay for a while. I will not be surpriced if the unemployment rate rice in the future.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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