KA BOOM! THE GLOBAL BABY BOOM - DEBT - AND ASSET BUBBLES - BURST! SOON! CAUSING A MASSIVE GLOBAL ECONOMIC AND FINANCIAL COLLAPSE! RAPIDLY ACCELERATING - "THE HELL OF ALL HELLS ON EARTH!" GET YOUR SUCK BAGS NOW! BECOME ONE - WITH - "THE ONE!"
FIGURE 1 - ABOVE - STANDARD AND POOR'S 500 CAPE / SHILLER 10 YEAR INFLATION ADJUSTED PRICE TO EARNINGS RATIO (SP500 CAPE PE), 9/7/19, multpl.com - OMG! THE SP500 CAPE PE RATIO IS AT WHERE IT WAS AT ON - "BLACK TUESDAY" - JUST BEFORE - "THE GREAT DEPRESSION!" THIS TIME - NO RECOVERY - FOR - "It Is THE END!"
FIGURE 2 - BELOW - STAND AND POOR'S 500 DIVIDEND YIELD, 9/7/19, multpl.com
US TOTAL DEBT AS A PERCENT OF GDP
9/9/19 - DO YOU SEE ANY PROBLEM OF THE - MEDIAN HOUSE PRICE RISING ROUGHLY OVER 100% (BELOW) - VS THE MEDIAN HOUSEHOLD INCOME - SINCE THE 60'S?! THE SECOND HOME PRICE GRAPH BELOW FROM FRED SHOWS THE MEDIAN REAL HOME PRICE INDEX RISING TO OVER 400 (1984 = 100), WHILE REAL MEDIAN HOUSEHOLD INCOMES ARE UP ONLY SLIGHTLY!
THE "SLIGHT RISE" - IN - MEDIAN HOUSEHOLD INCOME - IS DUE TO - WOMEN'S PARTICIPATION RATES - IN THE WORKFORCE - RISING FROM ROUGHLY 30% IN THE SIXTIES - TO ROUGHLY 65% TODAY! HAD WOMEN NOT GONE TO WORK - MEDIAN HOUSEHOLD INCOME WOULD LOOK LIKE - REAL AVERAGE HOURLY EARNINGS - THE CHART ABOVE! LESS TODAY - THAN IN 1970!
RISING HOME PRICES AND RENTS ARE PARTICULARLY HARD ON HOURLY WORKERS, WHERE THEIR REAL AVERAGE HOURLY EARNINGS ARE LESS TODAY, THAN THEY WERE IN THE EARLY SEVENTIES, IN 2017 DOLLARS (GRAPH ABOVE).
CONSUMERS ARE STRETCHED EVERYWHERE! PAYING MORE OF THEIR MODEST INCOMES FOR RENT OR MORTGAGES, MUCH MORE FOR STUDENT LOANS, WHICH RESULTS IN MORE CREDIT CARD AND CONSUMER DEBT!
TRUMPS MASSIVE TAX CUTS FOR THE RICH - HAVE NOT - "TRICKLED DOWN" TO - "THE REST!" (see the table below)
The GOP tax law showers benefits on the wealthy and large corporations while abandoning middle-class Americans and Main Street businesses: Feb 21, 2019
"GOP tax law does little for middle-class Americans and Main Street businesses — The GOP tax cut is heavily tilted toward the wealthy and corporations and provides very little benefit for average workers and small business owners. According to the Tax Policy Center, the richest fifth of Americans will receive nearly two-thirds of total benefits in 2018 and the richest 1 percent alone will receive 83 percent of the total benefits in 2027.
The GOP tax law ignores the stagnation of working-class wages and worsens income and wealth inequality. Furthermore, the GOP tax cut does nothing to help small businesses gain access to capital and grow their receipts. Only 5 percent of small businesses pay taxes at the corporate level, and most of the pass-through tax cuts go to the largest 2.6 percent of businesses. Moreover, most women-owned businesses will get even less help, because they largely operate in service industries and generate less than $100,000 in revenues. In addition to doing little for everyday working people, the GOP tax law’s sabotage of the Affordable Care Act will add millions to the ranks of the uninsured and increase health insurance premiums.
GOP tax law encourages sending factories and jobs overseas — In addition to permanently lowering the corporate tax rate, the GOP tax law also gives corporations an option to cut their taxes even more by moving operations and jobs overseas. Under the tax law, income generated by American companies abroad face tax rates that are half the new top corporate rate of 21 percent. Some companies may be able to avoid tax altogether on tangible investments made offshore. This further incentivizes companies to move tangible assets, such as factories and machinery, overseas. Rather than protecting workers and their families, the GOP tax law tilts the playing field against American workers, making it harder for them to earn good wages, maintain steady incomes, and support their families."
THE TRUMP'S 2020 BUDGET (see table below) - SIGNIFICANT INCREASES IN - WAR SPENDING - TO TAKE OVER THE MIDDLE EAST AND VENEZUELA - FOR THE OIL AND WARLORDS! WHILE SLASHING THE ENVIRONMENTAL PROTECTION AGENCY, MAKING IT THE ENVIRONMENTAL DESTRUCTION AGENCY! MASSIVE CUTS IN MANY OTHER DEPARTMENTS, THAT BENEFIT - "THE REST!" WHILE THEY ATTEMPT TO DESTROY THESE GOVERNMENT PROGRAMS CRITICAL TO - "THE REST!"
TRUMP'S BUDGET ELIMINATES ALL - "CLIMATE CHANGE" - SPENDING - AND TRUMP EVEN - DENYS THE USE OF THE TERM - "CLIMATE CHANGE" - IN THE ADMINISTRATION AND THE WHITE HOUSE! WORSE YET - TRUMP - IS ELIMINATING WARNINGS OF THE HORRIFIC IMPACTS OF "CLIMATE CHANGE" FROM US GOVERNMENT REPORTS - DESTROYING THE LIVES OF CLIMATE SCIENTISTS! AND - EVEN MANIPULATING CLIMATE SCIENTISTS STUDIES AND THEIR SCIENTIFIC WORKS! OMG! TRULY EVIL BEASTS!
THE COMBINATION OF THESE MASSIVE TAX CUTS FOR THE RICH AND SIGNIFICANT INCREASES IN - WAR SPENDING FOR THE OIL AND WARLORDS - HAS RESULTED IN A - 77% INCREASE IN THE US BUDGET DEFICIT IN THE FIRST FOUR MONTHS OF FISCAL 2019! OMG!
THE FISCAL GAP - EXPLODES! THE FISCAL GAP, IS THE PRESENT VALUE OF - FUTURE DEFICITS - DISCOUNTED BACK TO THE PRESENT. IN ESSENCE, IT IS THE AMOUNT YOU NEED IN A "PILE OF MONEY" TO PAY THESE FUTURE DEFICITS, ASSUMING A "DISCOUNT RATE" - OR INTEREST RATE - IN THIS CASE, AN UNREALISTIC INTEREST RATE, THAT YOU COULD NOT GET NOW ON TREASURY BONDS - ON YOUR "PILE OF MONEY."
THE ASSUMPTION OF AN UNREALISTIC INTEREST RATE ON THE "PILE OF MONEY," MAKES THE PROJECTIONS - MUCH LESS - THAN YOU WOULD NEED - IF THEY ASSUMED CURRENT LONG-TERM TREASURY YIELDS. WHICH I ASSUME ARE GOING TO NEAR ZERO, OR NEGATIVE, AS THEY ARE IN GERMANY NOW (-0.01% ON 30 YEAR GERMAN BUND, 9/9/19, BLOOMBERG.COM)!
AS KOTLIKOFF AND MICHEL NOTE IN THEIR 2015 PAPER:
"Closing America’s Enormous Fiscal Gap: Who Will Pay?" June 2015, Laurence J. Kotlikoff and Adam N. Michel
"The United States is in horrific fiscal shape. The current difference between the present value of projected future government spending (including official debt service) and the present value of projected future taxes—a difference known as the infinite horizon fiscal gap—is $210 trillion.
How large is $210 trillion in actuality? It is 12 times the current US GDP and 16 times what the United States deigns to report as its official debt. It also represents 10.5 percent of the present value of all future US GDP.
Hence, one way to cover all future government spending commitments in excess of what can be paid for by all future taxes is to collect the equivalent of 10.5 percent of the GDP more in taxes each year from now through the end of time.
Doing so would require immediately and permanently raising all federal taxes—including personal income taxes, corporate income taxes, excise taxes, and Federal Insurance Contributions Act (FICA) payroll taxes—by 58 percent. The requisite 58 percent tax hike is higher than the 57 percent tax hike needed a year ago, which was discussed in Kotlikoff (2013).
This tax hike increase is a result of the fiscal gap rising by $5 trillion over the past year, primarily because tens of millions of baby boomers are now one year closer to receiving, on average, what will be $40,000 (in today’s dollars) in Social Security, Medicare, and Medicaid benefits.2 Since the fiscal gap measures the United States’ true indebtedness, the United States’ true deficit was $5 trillion last year and not the roughly $500 billion official deficit being routinely discussed by CBO and, therefore, the media.
The focus on an economically meaningless measure of fiscal condition is not innocent. No member of Congress is prepared to advocate publicly an immediate and permanent 58 percent tax hike. Nor is any member of Congress ready to support a cut in all federal spending (apart from servicing official debt) by 38 percent, starting today and continuing forever. For that type of spending cut is the alternative to raising taxes."
NOW - FACTOR IN THE FACT THAT DUE TO TRUMP'S MASSIVE TAX CUTS FOR THE RICH AND WAR SPENDING HAVE CAUSED THE - CURRENT DEFICIT - TO SKYROCKET - 77%! THIS IS LIKELY TO MAKE THE - FISCAL GAP - SKYROCKET BY A SIMILAR AMOUNT - IF NOT MORE - GIVEN FURTHER TAX CUTS FOR THE RICH - WAR SPENDING - COLLAPSING GLOBAL ASSET MARKETS - AND - THE COLLAPSE OF THE US AND GLOBAL ECONOMIES! OMG! OMG! OMG!
WHAT HAPPENS - WHEN - "THE DEBT, HOUSING, REAL ESTATE AND STOCK MARKETS BUBBLES BURST!?" AT THE SAME TIME AS - "THE US FISCAL GAP EXPLODES" - COUPLED WITH "OVERPOPULATION OVERSHOOT OF THE CARRYING CAPACITY OF PLANET EVIL GREED" - COUPLED WITH "ABRUPT CLIMATE CHANGE" - HELL ON EARTH! LET'S NOT FORGET - AT ROUGHLY THE SAME TIME AS THE WORLD - "FALLS OFF HUBBERT'S CLIFF?!"
ALL I CAN SAY IS . . . .
. . . . . "THANK GOD!" - - "It Is THE END!"
"LIMITS TO GROWTH: A FINAL WARNING:" IN 1972 - THE AUTHORS OF - "THE LIMITS TO GROWTH" FORECAST THAT BY ROUGHLY 2020 - THE WORLD ECONOMIES WOULD START COLLAPSING - DUE TO - "OVERSHOOT" - OF THE - "CARRYING CAPACITY" - OF PLANET EVIL GREED! THIS WOULD RESULT IN GLOBAL POPULATIONS COLLAPSING BY ROUGHLY 2030! THE GRAPH BELOW DEPICTS THIS POPULATION COLLAPSE IN 2030!
MY GREATEST FEARS HAVE BEEN DUE TO THIS - "OVERPOPULATION DRIVEN COLLAPSE" - CAUSING - "THE HELL OF ALL HELLS ON EARTH" - FOR HUNDREDS - IF NOT - THOUSANDS TO MILLIONS OF YEARS TO COME! THE MODERN DAY VERSION OF - "WALLED CITIES" - FOR - "THE RICH" - WITH - "THE REST" - LIVING IN THE "DARK AGES!" ELYSIUM, THE HUNGER GAMES, ETC.!
"HOT STUFF" - "NON-STOPPABLE SIBERIAN AND ARCTIC METHANE RELEASES" - COUPLED WITH - THE IMPLOSION AND EXPLOSION OF 450 TO 510 NUCLEAR REACTORS - SAVES THE DAY! AS I AM FOND OF SAYING. . . .
. . . . . "THANK GOD!" - - "It Is THE END!"
AMAZING AS IT SEEMS - EVEN TO ME - I MADE THE FOLLOWING FORECAST - THE FIRST QUARTER OF 1980, OVER 40 YEARS AGO, WHILE TAKING A - GRADUATE SYMPOSIUM IN ECONOMIC DEMOGRAPHY, GIVEN BY A VISITING PROF FROM STANFORD - AND WHILE - SITTING IN A - YEAR LONG DOCTORAL SYMPOSIUM IN POLITICAL ECONOMICS, GIVEN BY KAY KUNT, THEN CHAIRMAN OF THE UNIVERSITY OF UTAH (UOFU) ECONOMICS DEPARTMENT - BASED ON DEMOGRAPHIC AND POLITICAL ECONOMIC FORCES, ALONE!
THIS WAS MY SECOND YEAR, SECOND QUARTER, AT THE UOFU. I HAD COMPLETED ONE SEMESTER AT - AQUINAS COLLEGE IN THE SEMINARY - BEFORE MY WORK AT THE UOFU. SO TECHNICALLY, IT WAS THE END OF MY SOPHOMORE YEAR AND BEGINNING OF MY JUNIOR YEAR.
MY DEMOGRAPHIC AND POLITICAL ECONOMIC BASED MARKET FORECAST:
"THE BABY BOOM GENERATION" WOULD RALLY THE STOCK MARKETS, DUE TO THE ONGOING RISING SPENDING AND INVESTING OF THIS GENERATION.
WALL STREET AND THE BILLIONAIRE CLASS, WOULD RALLY THE MARKETS UP DRAMATICALLY BEYOND FAIR VALUES, WHICH THEY HAD DONE HISTORICALLY, TO ENHANCE THEIR RICHES.
THEN COLLAPSE THE MARKETS, TO TRANSFER MASSIVE AMOUNTS OF WEALTH AND INCOME TO THEM, THE RICH EVIL MONEY MONSTERS AND THEIR EVIL MONEY SLUTS, FROM THE LEGIONS OF LUNATIC INVESTORS GLOBALLY.
THEY WOULD FIRST COLLAPSE THE MARKETS, AROUND 2007, WHEN THE PEAK BIRTH YEAR OF THE US BABY BOOM GENERATION HIT THEIR FIFTIES. THIS IS WHEN GROWTH WOULD START TO SLOW, DUE TO THE HISTORICALLY DECLINING SPENDING OF PEOPLE, WHEN THEY ENTER THEIR FIFTIES. AS THEY TYPICALLY HAVE LITTLE SAVED FOR RETIREMENT, AND THEIR 1.8 TYPICAL NUMBER OF CHILDREN, OR THEREABOUTS, COLLEGE BURDEN WAS LIFTED. I WAS BORN AT THE PEAK OF THE BABY BOOM GENERATION BIRTH YEAR, 1957. ADD FIFTY YEARS, AND I WAS EXPECTING, FOR THE STOCK MARKETS TO COLLAPSE, AROUND 2007! THE FIRST QUARTER OF 1980!
LET'S TAKE A LOOK AT SOME DATA PROVIDING SUPPORT FOR MY THESIS:
The 1% Pocketed 85% of Post-Recession Income Growth: By KERRY CLOSE June 16, 2016
While millions of American workers still struggle to regain their pre-recession standard of living, none have recovered quite so well as the top 1% earners, a new report has found.
The study, released Thursday from the Economic Policy Institute, found that the top 1% of U.S. citizens, in terms of income, took home 85% of income growth between 2009 and 2013. In 15 states, the top 1% captured all income growth during the same four-year period.
Why the wealth gap has widened despite record economic growth: July 1, 2019 | 4:37pm
America’s financial disparities have widened in large part because the means by which people build wealth have become more exclusive since the Great Recession.
Fewer middle-class Americans own homes. Fewer are invested in the stock market. And home prices have risen far more in wealthier metro areas on the coasts than in more modestly priced cities and rural areas. The result is that affluent homeowners now sit on vast sums of home equity and capital gains, while tens of millions of ordinary households have been left mainly on the sidelines.
“The recovery has been very disappointing from the standpoint of inequality,” said Gabriel Zucman, an economist at the University of California, Berkeley and a leading expert on income and wealth distribution.
Household wealth — the value of homes, stock portfolios and bank accounts, minus mortgage and credit card debt and other loans — jumped 80% in the past decade. More than one-third of that gain — $16.2 trillion in riches— went to the wealthiest 1%, figures from the Federal Reserve show. Just 25 percent of it went to middle-to-upper-middle class households. The bottom half of the population gained less than 2%.
Nearly 8 million Americans lost homes in the recession and its aftermath and the sharp price gains since then have put ownership out of reach for many would-be buyers. For America’s middle class, the homeownership rate fell to about 60% in 2016 from roughly 70% in 2004, before the housing bubble, according to separate Fed data.
THE EVIL MONEY MONSTERS AND THEIR WHORES, WALL STREET AND THE BILLIONAIRE CLASS, WOULD THEN RALLY THE MARKETS BACK UP AS FAR AS THEY COULD. TO TRANSFER MORE WEALTH AND INCOME TO THE TOP 1%, TECHNICALLY, THE TOP .2% PRIMARILY, AS THEY COLLECTED INSANELY HIGH PRICES FOR THEIR ASSETS, AND COLLECTED INSANELY HIGH SALARIES, STOCK BONUSES, MERGER AND ACQUISITION BONUSES, COMMISSIONS, FEES, ETC., ETC.!
AROUND 2020 - THE US BABY BOOM GENERATION WOULD BE ROUGHLY ON AVERAGE - 63! AT THAT TIME, 70% OF THE PEOPLE STARTED COLLECTING SOCIAL SECURITY, TODAY, IT IS 55%. THIS IS ROUGHLY WHEN - THE EVIL BEASTS - WALL STREET WOLVES - WOULD THEN - "CRASH THE GLOBAL STOCK MARKETS" - TO CRUSH THE - LEGIONS OF IDIOT INVESTORS GLOBALLY - FURTHER - TRANSFERING INSANE AMOUNTS OF WEALTH TO THE BILLIONAIRE CLASS! AS THEY HAVE DONE - SOOO MANY TIMES BEFORE!
A DEAR FRIEND OF MINE - GRETTA MARSHALL - THE FIRST WOMAN MONEY MANAGER OF THE CALIFORNIA EMPLOYEES PENSION PLAN - CALPERS - AND ONE OF THE FIRST THREE WOMAN MONEY MANAGERS - NOTED IN APRIL OF 1994, WHEN I SHARED WITH HER THIS THESIS. WHEN THE FEDERAL RESERVE WAS TIGHTENING MONETARY POLICY, TO SLOW GROWTH, COMING OUT OF THE 1990 RECESSION.
. . . . . OR - AS I CALL THEM - JUST ANOTHER - "FLEECING CYCLE!"
THE STANDARD AND POOR'S 500 INDEX (SP500) HAD JUST DROPPED FROM A - PRICE TO EARNINGS MULTIPLE - OF AROUND 28 TIMES EARNINGS - DOWN TO AROUND 18 TIMES EARNINGS. THIS WAS ROUGHLY A 35% DROP IN THE STOCK MARKET ALREADY.
I NOTED THAT THE SP500 / STOCK MARKET WOULD HAVE TO DROP ROUGHLY ANOTHER 50% FURTHER, BEYOND THE 35% DROP IT HAD JUST EXPERIENCED, TO ROUGHLY A 5% TO MORE LIKELY 6% DIVIDEND YIELD, WHERE IT WAS WHEN I MADE THIS FORECAST THE FIRST QUARTER OF 1980 (see the SP500 Yield graph above), TO BE - FAIRLY VALUED. ASSUMING LOW TO NEGATIVE ECONOMIC AND EARNINGS GROWTH - GIVEN DECLINING POPULATION GROWTH IN THE DEVELOPED MARKET ECONOMIES. COUPLED WITH LOW TO NO REAL INCOME, AND HENCE, SPENDING GROWTH TO DRIVE ECONOMIC AND EARNINGS GROWTH.
IT IS SIMPLE - BASIC - MATH. ASSUMING FLAT TO NEGATIVE ECONOMIC AND EARNINGS GROWTH, AS I BELIEVED WOULD OCCUR, THE FAIR VALUE WOULD BE MORE LIKE 6% TO AN 8% DIVIDEND YIELD! FROM THE CURRENT YIELD OF 1.88% (multpl.com, 9/6/19 close), THIS WOULD NECESSITATE OVER A 69% DROP, TO OVER A 76% DROP, FROM THE CURRENT STOCK MARKET VALUATIONS!
WORSE YET! THIS DOES - NOT - ASSUME - DIVIDEND CUTS! WHICH I ASSUME WILL BE SIGNIFICANT - AND - ACROSS THE BOARD OF DIVIDEND PAYING STOCKS! MEANING THAT THE 50% CUT IN GENERAL ELECTRIC'S - GE'S - DIVIDEND YIELD, AND SIMILAR CUTS IN THE DIVIDEND PAYMENTS OF MANY STOCKS I FOLLOW - WILL - IN MY OPINION - BE SIGNIFICANT AND ACROSS ALL DIVIDEND PAYING STOCKS.
EVEN WORSE YET! THE BUBBLE - GROWTH STOCKS! WHICH DO - NOT - PAY DIVIDENDS - ARE LIKELY TO BE ABSOLUTELY CRUSHED! AS IN MY OPINION, GROWTH IS GONE!
TAKE A LOOK AT THE GRAPHS ABOVE OF THE SP500 CAPE / SHILLER 10 YEAR INFLATION ADJUSTED PRICE TO EARNING RATIO. IT IS AT 29.86 AS OF THIS FRIDAY'S CLOSE (multpl.com, 9/6/19). THE SHILLER / CAPE SP500 PE RATIO IS AS HIGH AS IT WAS ON - "BLACK TUESDAY" - JUST BEFORE - "THE GREAT DEPRESSION!" IT IS NEARLY TWICE WHAT IT WAS ON "BLACK TUESDAY!" OMG!
WORSE YET - TAKE A LOOK AT THE - DEBT GRAPHS - ABOVE - THE MOST MASSIVE DEBT IN HISTORY - IN EVERY CATEGORY I FOUND.
WORSE YET - U.S. budget deficit skyrockets by 77% at start of fiscal '19 -WASHINGTON -- The federal budget deficit ballooned rapidly in the first four months of the fiscal year as tax revenue fell and spending rose, the Treasury Department said Tuesday, posing a new challenge for the White House and Congress as they prepare for a number of budget battles.
The deficit grew 77 percent in the first four months of fiscal 2019 compared with the same period a year before, the Treasury Department said.
The total deficit for the four-month period was $310 billion, the department said, up from $176 billion for the same period a year earlier.
"It's big tax cuts combined with big increases in spending when they already had big deficits," said former Senate Budget Committee Chairman Kent Conrad, D-N.D. "So guess what, it's craziness."
WORSE YET, IF I AM CORRECT - NOT ONLY - WILL GROWTH - NEVER OCCUR AGAIN! "THE HELL OF ALL HELLS ON EARTH" - WILL - BE HERE - BY 2025 - 2030!
GRETTA BELIEVED THAT THE SP500 AND GLOBAL STOCK MARKETS WOULD - RATIONALLY - "DISCOUNT" - THE ANTICIPATED DECLINE IN ECONOMIC, AND HENCE, EARNINGS GROWTH - INTO THE WORLD'S STOCK PRICES. SHE WAS CONVINCED THAT THE STOCK MARKETS WOULD STAY LOW, AND THAT THEY WOULD END UP AROUND NOW - 2020 - AT THE DIVIDEND YIELD OF 6% TO 8% - AS WE BOTH AGREED - WOULD BE ROUGHLY - "THE FAIR VALUE" - ASSUMING LOW TO NEGATIVE ECONOMIC AND EARNINGS GROWTH. TO WHICH I NOTED - YOU ARE KIDDING! RIGHT!
YOU THINK THAT - WALL STREET AND THE BILLIONAIRES - WILL NOT - BLOW UP THE STOCK AND ASSET MARKETS - LIKE THEY - ALWAYS AND ALL WAYS - HAVE - TO STUFF THEIR COFFERS WITH MORE - "BILLIONS FOR THE BILLIONAIRES!"
. . . . . "OH JIM, YOU THINK IT'S ALL ABOUT TRANSFERRING WEALTH TO THE RICH!" TO WHICH I RESPONDED . . . . .
. . . ."PRECISELY - GRETTA!" THEN NOTING - "OH GRETTA, YOU THINK THE MARKETS ARE - RATIONAL AND EFFICIENT! SERIOUSLY?!"
. . . . . IT STILL AMAZES EVEN ME - AS I WATCH THIS FORECAST - COME TRUE - THAT I MADE THIS FORECAST BASED ON POLITICAL ECONOMICS AND DEMOGRAPHIC FORCES - OVER 40 YEARS AGO! AT THE END OF WHAT WOULD BE MY SOPHOMORE AND BEGINNING OF MY JUNIOR YEARS! UOFU WAS ON QUARTERS, AQUINAS COLLEGE, WAS ON SEMESTERS, HENCE THE CROSSOVER!
. . . . . WORSE YET - THE FORECAST BY - "THE LIMITS TO GROWTH" - WHICH I STUDIED IN THIS SAME GRADUATE SYMPOSIUM IN ECONOMIC DEMOGRAPHY - WINTER QUARTER / FIRST QUARTER OF 1980 - IS COMING TRUE! THE WORLD IS BEGINNING TO COLLAPSE, DUE TO "OVERSHOOT" OF - "THE CARRYING CAPACITY" - OF PLANET EVIL GREED.
THEY FORECAST THAT THE GLOBAL ECONOMIES WOULD START COLLAPSING AROUND 2020, AND THE POPULATIONS OF THE WORLD WOULD START TO COLLAPSE, AROUND 2030 - IN 1972 IN THEIR WORK, WHICH I STUDIED FIRST QUARTER OF 1980! IT IS HAPPENING - NOW!
. . . . WORSE YET - THE PREDICTIONS BY MANY CLIMATE SCIENTISTS - SUCH AS HANSEN, AND MANY, FAR BEFORE THIS TIME - ARE COMING TRUE!
. . . . . WORSE YET - THE PREDICTIONS BY - M. KING HUBBERT - MADE IN 1957, MY BIRTH YEAR - ABOUT HOW THE WORLD - WILL - RUN OUT OF CHEAP OIL SOON - "HUBBERT'S CURVE" - OR AS I CALL IT - "HUBBERT'S CLIFF" - ARE SOON TO COME TRUE!"
. . . . . APOCALYPTICALLY - THE DIRE PREDICTIONS OF DR. GUY MCPHERSON - ABOUT THE - "FIRING OF THE CLATHRATE GUN," NON-STOPPABLE SIBERIAN METHANE RELEASE, COUPLED WITH - THE IMPLOSION AND EXPLOSION - OF THE WORLDS 450 - HEADING TO 510 NUCLEAR REACTORS - APPEARS THAT IT WILL BE COMING TRUE SOON!
. . . . . APOCALYPTICALLY - BEYOND ANY - HOLLYWEIRD MOVIE! THESE MASSIVE - HORRIFIC - DRIVING FORCES - ALL APPEAR THAT THEY WILL CONVERGE INTO THE . . . . .
. . . . . "HELL OF ALL HELLS ON EARTH" - BY - 2025 TO 2030!
. . . . . HORRIFICALLY - "SATAN'S STATES OF EVIL GREED" - ARE - ACCELERATING THE COMING - "HELLS BEYOND ALL HELLS ON EARTH" - AS RAPIDLY AS THEY CAN!
. . . . . COMMITTING - - "GLOBAL GENOCIDE!"
. . . . . FOR - "THE EVIL GREED OF THE EVIL BEASTS"
. . . . . "ALL I CAN SAY" - IS. . . . .
. . . . . "THANK GOD!" - - "It Is THE END!"
THE FINAL TESTAMENT OF JESUS CHRIST - "The Logical God of LOVE!"
THE NORDIC MODEL & The Final Judgement: Take Care of "Those in Need!" Or Fry in Hell! Christ IS "The First Great SOCIALIST!" Last Warning! SUPPORT THE NORDIC MODEL or FRY Baby FRY! WHEN YOU DIE, BABY, DIE! SOON!
FOR FULL SCREEN: Login to Youtube FIRST, then Open My Site, Then Click on Video you Want Full Screen. Now Go To Youtube, Switch Screens, Click on History, the First Is the Video You Clicked On - On My Site! If NOT close All, Repeat Process.
MUST READ and WATCH Viking Economics: How the Scandinavians Got It Right - And How We Can, Too; The Secrets of The Nordic Model, by the same author, and The Nordic Perspective!
US CORPORATE STATE SOCIALISM, Fascist Monopolistic, Homo and Transphobe, Racist, Kleptocratic / Thieves, Oil War Imperialist Focused, "ALL for THE RICH" - - "RAPE THE REST!" Especially Destroy the Lives of the Truly Good People Who Stand against THE EVIL GREED of THE FEW, The Sunshine Band. UNTIL The Horrific Demise of ALL God's Children, God's Species and Wonder Filled World for THE EVIL GREED OF THE FEW . . . .
. . . . is EVIL!
THE NORDIC MODEL: Libertarian Democratic Market Socialism: Denmark, Finland, Norway, Sweden, are Sustainable, Humane
and Egalitarian (Think - SHE - The Matriarcal Nordic Model). . .
. . . .it is GOOD!
Vote for THE MATRIARCAL NORDIC MODEL - NOW!
Bernie Sanders & Alexandria Ocasio-Cortez - 2020! VOTE!
MY HEROS OF "THE MATRIARCAL NORDIC MODEL!" BELOW
BERNIE SANDERS AND ALEXANDRIA CORTEZ and/or ELIZABETH WARREN 2020! IF NOT, JILL STEIN AND ABBY MARTIN - GREEN PARTY - 2020! Tulis Gabbard is showing signs of joining "The Nordic Model" supporters!
MY HEROS, ABOVE:
LESTER BROWN, "WORLD ON THE EDGE," "PLAN B 4.0," EARTH-POLICY.ORG
DR. GUY MCPHERSON, FATHER OF "ABRUPT CLIMATE CHANGE"
DR. JORGEN RANDERS, FATHER OF "THE LIMITS TO GROWTH!" AND, "2052: A Global Forecast for the next 40 Years!"
EVIL TRUMP! OF "THANK GOD!" - -
"It Is THE END!"
"THE SIBERIAN METHANE MONSTER!"
Watch "THE SIBERIAN METHANE MONSTER" - ABOVE - BURN UP and SUPER STORMS DESTROY Planet EVIL GREED! DAILY! OH BOY, WHAT COULD BE MORE EXCITING THAN THAT!? OK, Her Name is . . . . . . . "HOT STUFF!"
"The Limits to Growth: A Final Warning" tells you about the authors work since the early seventies, my work since 1980, and the stage of the "science of overpopulation analysis." Dr. Jorgen Randers, "2052: A Global Forecast for the Next Forty Years," and Lester Brown, "World on The Edge," have portended the fate of the world, due to overpopulation since the seventies! However limited I see their understanding of "abrupt climate change."