“Mike Lindell Says MyPillow ‘Crippled’ By Major Credit Card Company
“They took our credit line from a million dollars down to $100,000…”Every day I feel like I’m reading the headlines from the Robber Barons of 1910. The kind that still show up in the movies of the 1940s. And why did they act like that back then, what was the sentiment, then and now? Because they were criminals and felt like it. However, banks are cutting all credit lines across the board as they crash, just like 07 when nothing happened either.
A title that’s not hyperbole, “Could Be the Most Significant Chart of Our Lifetime”
https://www.zerohedge.com/s3/files/inline-images/image%20-%202023-09-29T115118.359.png?itok=_3fCoZINWe’ve looked at this with false starts for decades, as this is a looooong chart. It should have broken in 2000 for instance, as the Greek crisis condition fundamentals were there.
As it exits, you have all the indicators: flag at half mast at the breakout, continuing. Creates a pennant for a year. Breakout. Only would be nicer to see re-test but it’s a long way from the channel right now. Maybe when the rate hikes collapse the planet shortly and they attempt – or rather just DO – cut rates. Maybe for the last time in this present Fed system structure. After that it will be rebuilt.
This is the real control grid. This is how “The War” is really going. Somewhat related, gold is in a death cross.
Markets derive off interest rates for sometimes arcane reasons. That is why the Fed is so powerful and why you can’t allow it to be captured by a cartel. But this is not following the structure and will be remedied:
https://www.zerohedge.com/s3/files/inline-images/bfm4A94.jpg?itok=wDcdXLuWYou can’t have the 10x larger bond market—with legal safety – competing to draw cash out of stocks, the money flows already starting (we know this as people withdraw from banks to buy money markets) and nothing ever happens. Historically, the bond market is always right. The only reason jPow will lower is if there’s a crisis. A crisis in what? What is a “crisis”? A crisis in Europe, but “crisis” to idiot journalists, apparatchiks who are their foot soldiers, and Congressmen is a crisis in the Stock Market, their 401ks. As demonstrated, the other 90% of the nation can be shot to h—l and die in a ditch, overrun, beaten, robbed, burned, bankrupt, dying in a box, their daughters overdosing live on OnlyFans, and it’s not a “crisis”.
So any POSSIBLE event would lead to a stock fall. EVEN jPow lowering. The only opposite view is that jPow will lower and stop defending the US$ because stocks are doing so GOOD, and you should lower rates to heat up a market at the tippy top which has had no correction in a market where housing just went up 40% in 4 years. …Yeah, I don’t think so.
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