Now let’s apply this to the recent news of a submersible device visiting the depths of the Atlantic Ocean for Billionaires to get a glimpse of the sunk Titanic. Way back then on its maiden voyage, the Titanic was described as being invincible. Therefore to sink by hitting an iceberg was unimaginable. The maiden voyage hosted many extremely rich individuals that controlled politicians. They were opposed to the centralization of the banking system.

One of the individuals that skipped the trip and cancelled at the last minute was JP Morgan. The Millionaires parish and in 1913 The Federal Reserve is incorporated as the politicians were now bribed by another hand.  A distraction to keep investigators from the wreckage to acknowledge an explosion within the steel hull that would show steel pressed outward from an explosion rather than inward from hitting an object. Today, people need permits to visit as they try to bury the truth.

Nonetheless, here we are today, and Central Bankers continue to print money for the governments. They finance military spending, encourage hostilities and most recently enslave the working class people to become economic slaves to their mortgages.

Germany’s Annual HICP a measurement of inflation rises to 6.8% in June vs expected (6.7%). Unless government spending comes under control inflation will remain consistently high. Interest rates will continue to rise and the cost of living will be out of control. Will it come to a point where people are pushed to the brink simply to survive? Ask yourself how a hungry animal would act if survival was its only choice.

In Toronto, I remain very disappointed after the municipal election for Mayor in Toronto. I just don’t understand the mentality of people. In the biggest City in Canada, there were 1.9 million eligible voters up from (1.6mio). We had 102 candidates running, some even had a criminal record (Gong Show). The winner garnered 14% of the vote and is at the helm of a $16B budget, with household budget financing being the best experience.

It’s like it was predetermined regardless of the illusion of people casting a vote. I never saw a candidate being elected by boasting they would raise taxes and defund the police. In recent history, the shortest tenure of a Prime Minister was Joe Clark, a Conservative. His government introduced a 0.02 cent gasoline tax to eliminate the deficit, the government was defeated and the country now has a deficit in the 1/2 Trillion $ range. Honestly, what is going on in this City, have we lost our moral compass? Will the crime rate soar turning Toronto into Detroit? At least they recently had Stanley Cup winners to cheer.

Now reality, USA GDP rises to an annualized rate of 2% in Q1 expected (1.3%), this gave the USD Index a boost to jump over the 103.0 level decisively. It provided the fodder to provide an illusionary threat that interest rates could continue to rise halting the USD from a free fall.

On the other hand, Jobless Claims fall to 239k from the expected (265k). Seems like an improvement but keep in mind they were below 200k for the longest time. Preliminary Housing Sales show a different perspective as Sales fell <2.7%> in May vs expected (+0.2%).