Important thoughts, market and economic opinions


#41

In support of Patrick Shanahan for US secretary of defense

I support nomination of Patrick Shanahan for US secretary of defense


#42

In support of transformation of Hagia Sophia into a mosque

I support swift transformation of Hagia Sophia into an islamic mosque, and repatriation of the bishop of Athens Bartholomew to Greece to become the metropolitan of the Greek Orthodox Church in Athens.


#43

In support of UN Security Council Resolution on Golan Heights

Syria properly and wisely demanded a UN Security Council meeting on the Golan Heights. China and Russia shall swiftly draft and propose a resolution to the UN Security Council, proclaiming the Golan Heights a part of the sovereign territory of Syria.


#44

American economy is in poor shape

American economy is in poor shape.

Officially, US GDP growth in the third quarter of year 2018 is 3.5%. Yet this figure is overstated, as it includes military expenditures, which adds nothing of value to national wealth, so-called non-material or electronic goods and services the prices for which are many times overstated, and ever growing government expenditures, which adds nothing of value to national wealth, adjusted for these three items US GDP growth in the third quarter of year 2018 are between 1% and 1.5%.

Officially, US inflation rate in year 2018 was 2%. US inflation rate in year 2018, measured as CPI calculated as it was calculated in year 1980, was 10.5%

Officially, US unemployment rate in year 2018 was 3.9%. In fact, real US unemployment in year 2018 calculated as as half of (100% - (the number of employed Americans/total US population aged 16-65)) is 14%, this is the real number of Americans who want to work but cannot find work at reasonable conditions of employment.

US trade deficit in goods and services was 621 billion USD in year 2018.

US budget deficit in fiscal year 2018 was 779 billion USD.

US government debt reached 22 trillion USD in year 2018.

It is obvious to every classical economist that when any economy is booming, trade deficit is in balance, government budget is in balance and government debt is swiftly decreasing year after year.

It is obvious to every classical economist that when any economy is in poor shape, trade deficit is increasing, government deficit is increasing and government debt is swiftly increasing year after year, which is what is taking place in the US economy these days.


#45

Against politically motivated prosecution of judge Juan Guaido

Reportedly, judge Juan Guaido fears unlawful arrest for seeking to organize preliminary presidential and parliamentary elections in Venezuela. Judge Juan Guaido shall swiftly leave Venezuela for Brazil to avoid politically motivated prosecution.


#46

Release of Meng Hongwei

China shall swiftly release without charges co-chairman of the national alliance against terrorism and pederasty Meng Hongwei, shall close all criminal cases against him, and shall appoint Meng Hongwei admiral of the Chinese navy.


#47

In support of Iranian revolutionary guards corps

Under pressure of US organized jewish lobby, lying US president Donald Trump has improperly and unwisely declared the Iranian revolutionary guards corps a “terrorist organization”.

Declaration of lying US president Donald Trump that designated the Iranian revolutionary guards corps as a “terrorist organization” is unconstitutional and without legal effect from the date of signing, as it has been done without the advice and consent of the US Senate as required by Article 2 Section 2 of the US Constitution, and may be regarded as an act of war by the United States of America against the islamic republic of Iran, the authority to declare a war is reserved exclusively to the US Congress under Article 1 Section 8 of the US Constitution.

Declaration of lying US president Donald Trump that designated the Iranian revolutionary guards corps as a “terrorist organization” is without merit, as the Iranian revolutionary guards corps is part of the Iranian national army, and commanding general of the Iranian army Qasem Soleimani of the Iranian revolutionary guards corps is a fine commanding general.

All US citizens, companies, corporations and organizations shall ignore the declaration of lying US president Donald Trump that designated the Iranian revolutionary guards corps as a “terrorist organization”, and actively engage in trade in civilian goods and services with the Iranian revolutionary guards corps.

All citizens, companies, corporations and organizations of all states, nations and peoples of the world shall ignore the declaration of lying US president Donald Trump that designated the Iranian revolutionary guards corps as a “terrorist organization”, and actively engage in trade in civilian goods and services with the Iranian revolutionary guards corps.

George America Caesar orders commanding general of the Iranian army Qasem Soleimani of the Iranian revolutionary guards corps to recruit, train and arm within one year one million Iranian revolutionary guardsmen, thereby transforming the Iranian revolutionary guards corps into the Iranian revolutionary guards front of the Iranian national army.


#48

Liberty of Venezuela is Responsibility of the United States of America

As tens of thousands of Venezuelans demonstrated this past weekend in the streets of their country — angry over weeks of power outages, limited access to water, and shortages of food and medicine — Americans should know that the doctrine of socialism has destroyed yet another country.

And with that knowledge, it is understandable that many freedom-loving Americans are becoming open to the idea of U.S. military intervention to oust from power the socialist president of Venezuela Nicolas Maduro. American federal statesmen — including President Trump, Secretary of State Mike Pompeo, Vice President Mike Pence, and National Security Advisor John Bolton — are seriously considering U.S. military intervention in Venezuela.

Yet, before the United States of America declares a war, several things should be considered. First of all, were the United States of America to send military forces into a sovereign nation of Venezuela, that is clearly an act of war, and as such, would require declaration of war by the US Congress as stipulated by the U.S. Constitution in Article I, Section 8.

Clearly, the Maduro-led socialist government of Venezuela is one that a freedom-loving American should be glad to see fall from power. It provides a textbook case as to why socialism is destructive both to liberty and to justice.

To be blunt, the Venezuelan people did this democratically to themselves. They voted into power socialist president Hugo Chavez, who took a prosperous economy in an oil-rich nation, and drove it into recession. His successor socialist president, Nicolas Maduro, has continued with the same socialist policies and drove Venezuelan economy into depression.

After presidential election in 2018, Nicolas Maduro claimed victory over his opponent, Juan Guaido, the leader of the National Assembly. Guaido has proclaimed himself interim president of Venezuela in January 2019. The provision in the Venezuela constitution states that if there is an absence of a legitimately elected president, the president of the National Assembly becomes an interim president.

For his part, Maduro has received the support of the National Constituent Assembly. He persuaded them to revoke Guaido of his immunity from arrest.

In short, the civil war in Venezuela is likely.

US federal officials stated that Russia’s decision to land two planes with some 100 soldiers in the capital city of Caracas on March 23 should activate the Monroe Doctrine, formulated by US president James Monroe, who in his message to the US Congress on 2 December 1823 stated that the American continents (North America and South America) by the free and independent condition which they have assumed and maintain, are henceforth not to be considered as subjects for colonization by any European powers

Russia informed that the Russian soldiers are there to service the Russian-made S-300 air defense systems, damaged by recent energy blackouts.

As of now, Nicolas Maduro is quite popular in his own country, with five million Venezuelan citizens demonstrating in his support in the streets of Venezuelan cities. The United States should not make the mistake of foreign intervention in Venezuela, unless the Russian federation attempts to keep Nicolas Maduro in power after his second presidential term ends and unless judge Juan Guaido is arrested in Venezuela, which are legitimate grounds for humanitarian military intervention in Venezuela to end huge refugee flows from Venezuela.

Liberty in Venezuela is responsibility of the United States of America, as under the Monroe Doctrine US Congress, Venezuelan National Assembly and the Venezuelan people jointly determine how Venezuela is governed. It is obvious that the United States of America cannot escape its responsibility under the Monroe Doctrine.

Hopefully, the Venezuelan people themselves will put an end to socialism in Venezuela in free presidential elections after the second presidential term of president Nicolas Maduro ends, and American blood and treasure will not be wasted in foreign intervention in Venezuela.


#49

Against Serbian participation in Northern Kosovo elections

Reportedly, Albanian Kosovars appointed in May 2019 elections to Albanian Kosova municipalities in Serbian Northern Kosovo. The Serbs of Northern Kosovo shall not participate in any elections in Albanian Kosova municipalities in Serbian Northern Kosovo or in any other Albanian Kosova elections, irrespective of any threats, bribes or pressure from the USA, the EU, the Russian federation, Serbia or any other country, organization and individual. The Serbs of Northern Kosovo understand that four districts of Serbian Northern Kosovo are Serbian lands governed by Serbian district councils and governments formed in accordance with the constitution of Serbia and Serbian laws.

Serbian statesman Vojislav Seselj, Serbian statesman Vojislav Kostunica and Serbian politican Mladen Obradovich shall carry out Serbian marches in all Serbian cities and towns as well as in cities and towns of Serbian Northern Kosovo, warnings Serbs not to participate in any elections in Albanian Kosova municipalities in Serbian Northern Kosovo or in any other Albanian Kosova elections, irrespective of any threats, bribes or pressure from the USA, the EU, the Russian federation, Serbia or any other country, organization and individual.


#50

US stock market bubble

The US stock market is grossly overvalued. In particular, DJIA of 26157 is presently overvalued in relation to its intrinsic value of 8357. This signifies that the rise in stock market prices during the last seven years lacks any basis in economic fundamentals or reasonable performance expectations of DJIA stocks.

DJIA stocks are overvalued in relation to their intrinsic value, evaluated as the sum of 0.8 of net tangible assets and 0.8 of the sum of net income over the last seven years, divided by current capitalization of the company and multiplied by the current stock price: this investment approach permits a stock investor to obtain 14% annual rate of return over the next seven years, which adequately compensates for the risks associated with stock investments, and to recover at least 90% of stock investment in the event of insolvency of a corporation, barring fraud.

3M
market value of a stock 212.1 USD

intrinsic value of a stock = (0.8*(-3.0+28.2)/122.2)*212.1= 35.8 USD

AXP
market value of a stock 110.2 USD

intrinsic value of a stock = (0.8*(19.0+34.9)/92.4)*110.2=51.5USD

AAPL
market value of a stock 200.6 USD

intrinsic value of a stock = (0.8*(107.2+362.3)/946)*200.6= 79.6USD

BA
market value of a stock 365 USD

intrinsic value of a stock = (0.8*(-10.9+51)/206)*365= 56.7USD

CAT
market value of a stock 137.5 USD

intrinsic value of a stock = (0.8*(5.9+15.2)/79.2)*137.5= 29.3USD

CVX
market value of a stock 125.5 USD

intrinsic value of a stock = (0.8*(149.1+66.7)/238.4)*125.5= 113.6USD

CSCO
market value of a stock 55.8 USD

intrinsic value of a stock = (0.8*(9+68.4)/245.7)*55.8= 14USD

KO
market value of a stock 46.6 USD

intrinsic value of a stock = (0.8*(-0.3+37.7)/199.4)*46.6= 7USD

DIS
market value of a stock 117.2 USD

intrinsic value of a stock = (0.8*(10.7+69)/210.6)*117.2= 35.5 USD

DOW
market value of a stock 55.7 USD

intrinsic value of a stock = (0.8*(5.5+22.8)/41.7)*55.7= 30.2USD

XOM
market value of a stock 81.2 USD

intrinsic value of a stock = (0.8*(191.8+112.8)/344)*81.2= 57.5USD

GS
market value of a stock 204.7 USD

intrinsic value of a stock = (0.8*(74.9+45.7)/75.3)*204.7= 262.3USD

HD
market value of a stock 200 USD

intrinsic value of a stock = (0.8*(-4.1+60.7)/220.5)*200= 41.1USD

IBM
market value of a stock 143.7 USD

intrinsic value of a stock = (0.8*(-22.6+69.2)/127.6)*143.7= 42USD

INTC
market value of a stock 55.7 USD

intrinsic value of a stock = (0.8*(38.2+91.7)/250.3)*55.7= 23.1USD

JNJ
market value of a stock 135.4 USD

intrinsic value of a stock = (0.8*(-18.3+110.3)/360.6)*135.4= 27.6USD

JPM
market value of a stock 106.5 USD

intrinsic value of a stock = (0.8*(182.2+172.8)/345.8)*106.5= 87.5USD

MCD
market value of a stock 188.5 USD

intrinsic value of a stock = (0.8*(-6.3+35.6)/144.2)*188.5= 30.6USD

MRK
market value of a stock 80.3 USD

intrinsic value of a stock = (0.8*(2+29.7)/207.4)*80.3= 9.8USD

MSFT
market value of a stock 120.3 USD

intrinsic value of a stock = (0.8*(39+131)/922.7)*120.3= 17.7USD

NKE
market value of a stock 84.8 USD

intrinsic value of a stock = (0.8*(9.4+23.1)/133.5)*84.8= 16.5USD

PFE
market value of a stock 42.3 USD

intrinsic value of a stock = (0.8*(-29.6+81.6)/235)*42.3= 7.5USD

PG
market value of a stock 104.6 USD

intrinsic value of a stock = (0.8*(-17.8+72.8)/261.8)*104.6= 17.6USD

TRV
market value of a stock 136.3 USD

intrinsic value of a stock = (0.8*(18.6+19.1)/35.7)* 136.3= 115USD

UNH
market value of a stock 241.5 USD

intrinsic value of a stock = (0.8*(54.3+62)/231.7)*241.5= 97USD

UTX
market value of a stock 132 USD

intrinsic value of a stock = (0.8*(-36.1+39.4)/113.8)*132= 3USD

VZ
market value of a stock 58.5 USD

intrinsic value of a stock = (0.8*(-75.4+134.1)/241.7)*58.5=11.4USD

V
market value of a stock 157.6 USD

intrinsic value of a stock = (0.8*(-14.2+50.8)/346.3)*157.6= 13.3USD

WMT
market value of a stock 100.3 USD

intrinsic value of a stock = (0.8*(41.3+78.5)/288)*100.3= 33.4USD

WBA

market value of a stock 54.2 USD

intrinsic value of a stock = (0.8*(-2.7+30.6)/49.5)*54.2= 24.4USD

Out of 30 DJIA stocks, 13 stocks have negative net tangible assets that normally result in the removal of such stocks from any reasonably assembled market index, as companies without tangible assets cannot create value for their shareholders in the long run, and have elevated insolvency risks. Most DJIA stocks are overvalued with regard to their intrinsic value 3-6 times: despite the false claims of certified analysts, well-paid to lie, and fraudulent mathematical financiers, stock markets eventually recognize stock value or the absence thereof, and purchase of something worth a dollar at 3-6 dollars is always a lousy deal, which results in capital loss. This signifies that there is significant stock market correction, a bear market, with a long-term steep downward trend for US stocks ahead in the next seven years.

Only one DJIA stock is worthy of buy recommendation.

GS is 12 months strong buy but large portfolios of risky assets and distressed loans pose a significant downward risk. DJIA is representative of the state of the whole US stock market: although few reasonably priced individual US stocks may be found, there are significant risks associated with these stocks, while most US stocks are significantly overpriced.

What is the basis for rise in US stock prices in the last seven years? Essentially, the irresponsible inflationary FRS monetary policy through which insolvent financial assets are monetized with newly created FRS notes through the financial asset purchases program causes inflow of funds to the US stock market, furthermore supported with inflow of funds from large institutional investors as insurance companies, pension funds and index funds, which are often required to invest in blue chip stocks and other overpriced financial assets on behalf of individual investors, some of which are forced to invest with institutional investors by US laws. As a result, US individual investors are misled or forced to purchase grossly overpriced US stocks, causing destruction of their invested capital.

Yet, to support unreasonable US stock valuations growing inflows of funds into the US stock market are required. Hence obamacare to provide US insurance companies with new flows of funds at the expense of responsible US citizens, who do not need or do not purchase health insurance. Hence appointment of Jerome Powell, known for his inflationary views, to the position of the FRS chairman. Hence also a desire of the Trump administration to spend 700 billion USD more than it has annually and to increase the US debt limit, making US debt not payable in the long run.

What needs to be done? First, the FRS should swiftly discontinue all purchases of insolvent financial assets, conduct audit of the FRS, and concentrate upon restricting growth of US monetary supply to limit growing US inflation. Second, the US government budget shall be balanced in the current budget year by repealing obamacare and sequestering appropriate US government budget items. The Trump administration should learn that it cannot spend more than available US government revenue, and cannot pass legislation for which there is no US government revenue available. Third, in no wise shall the US debt limit be raised: the Trump administration has already spent more than two trillion USD in excess of US government revenue, proportionally increasing US government debt in peacetime, and the Trump administration shall not be permitted to make US government debt snowballing and not payable.

What should a US investor do? It is important to gradually sell all US stock holdings: most US stocks are overvalued 3-6 times in relation to their intrinsic value and will eventually correct to their intrinsic value, despite false claims of certified analysts and mathematical financiers to the contrary. It is important to swiftly pay off all loans, cancel credit cards, remove savings from banks, keeping only 1-3 monthly salaries in current bank accounts, and having a debit card, as US banks are imprudently administered and have large portfolios of high risk assets. It is important not to have more than 3-6 month salary in cash, and convert all the rest of the savings into gold and silver coins and bullion. It is important to purchase one or two machine guns, or one or two automatic rifles, or one or two semi-automatic rifles with 12,000 rounds of ammunition each, one or two handguns with 1,200 rounds of ammunition each, two or four military knives and a kevlar per each family member above 12 years of age for self-defense purposes, and 8-year food store per each family member. If funds are available, it is important to purchase land, from one to 100 hectares per family member, a separate house and two cars per family member, learn agriculture or gardening. Presently good investments are small and medium-sized innovative companies that produce industrial, consumer or agricultural goods.


#51

Antichrist in New Zealand

The parliament of New Zealand reportedly approved unconstitutional, unlawful and groundless prohibition of automatic and semiautomatic firearms in New Zealand, which is without legal effect from the date of passage, being contrary to derivative-natural right to a personal weapon and to keep and bear arms, inalienable part of nature and dignity of every man and every woman, as well as every citizen of the state of New Zealand.

The initiator of prohibition is lying prime minister of New Zealand Jacinda Ardern, servant of Antichrist, False Prophet of Revelation barrack hussein obama.

Every legislation of the state of New Zealand that seeks to prohibit citizens of New Zealand from making, owning, carrying, transfer, sale or purchase knives, electric shockers, handguns and pistols, submachine guns, machine guns, automatic rifles, grenade launchers, grenades, mines, fire-throwers, portable missile launchers, portable anti-tank missiles, portable anti-aircraft missiles, portable anti-ship missiles and appropriate munitions is without legal effect from date of passage, being contrary to the derivative natural right to a personal weapon and to keep and bear arms of every citizen and resident of New Zealand.

Every citizen of New Zealand is free to make, own, carry, transfer, sale and purchase knives, electric shockers, handguns and pistols, submachine guns, machine guns, automatic rifles, grenade launchers, grenades, mines, fire-throwers, portable missile launchers, portable anti-tank missiles, portable anti-aircraft missiles, portable anti-ship missiles and appropriate munitions in accordance with their derivative natural right to make, keep, carry and transfer weapons without any registration or license, bearing neither legal nor moral responsibility for this.

Every citizen of New Zealand can freely take property, wound and kill all those who arrest, imprison, condemn to forced labor, condemn to forced medical treatment, wound and kill for making, keeping, carry and transfer, purchase or sale of weapons that a man and a woman can bear – these are enslavers, their blood is upon their own heads. Every citizen of New Zealand who takes property, wounds and kills all those who arrest, imprison, condemn to forced labor, condemn to forced medical treatment, wound and kill for making, keeping, carry and transfer of weapons that a man and a woman can bear, bear neither legal nor moral responsibility for this - these are enslavers, their blood is upon their own heads.

Every citizen of New Zealand shall have two machine guns or two automatic rifles or two semi-automatic rifles with 12000 rounds of ammunition each, two pistols with 1200 rounds of ammunition each, four military knives, a kevlar per each member of his or her family. Citizens of New Zealand shall not give up their personal weapons. It is lawful for every citizen of New Zealand to wound and kill everyone who attempts to forcefully disarm him or her, bearing neither legal nor moral responsibility for this.

Furthermore, every New Zealand family should create 8-year food store to be ready to any disruptions of food supply. Every New Zealand family should also purchase a separate residence, and if it possesses sufficient funds, at least a hectare of land per each family member, to learn vegetable and fruit gardening and keep cattle and poultry wherever reasonable. Finally, every New Zealand family should sell the stocks of large corporations, presently overvalued at least 3 times through run away inflation, the consequence of money printing by reserve bank of New Zealand, and put their savings beyond 3- to 6-month salary in cash, in 2/3 into gold and in 1/3 into silver to preserve their savings from run away inflation, which is inevitable, given the scale of money printing in the US and throughout the world. It is lawful for New Zealand citizen to wound and kill New Zealand official, representative, statesman who tries to forcefully confiscate his weapons, bearing neither legal nor moral responsibility, since it is lawful to kill in defense of movable property (Exodus 22:2). Finally, it is important for New Zealand citizens who have appropriate funds at their disposal to establish a second residence in the United States of America and purchase property in the United States of America to be able to flee any New Zealand persecution when such commences.

How should New Zealand citizen react to gun confiscation scheme? Every New Zealand citizen should at least shut himself in his house and prepare to shoot any enforcers of an unconstitutional gun confiscation scheme, justly killing in defense of his property: the blood of such enforcers is upon them. Every New Zealand citizen should fight such enforcers to the last men, woman and child of his family, and should remember what judeo-bolsheviks did to the Russians, who foolishly permitted themselves to be disarmed, arresting and torturing them. Thus it is better to die free, fighting in dignity than to be tortured by such enforcers who routinely permit their inmates to be raped by negroes and other non-Whites, loosing dignity, as the worst federal enforcers can do to dead bodies is to violate them as US soldiers regularly do to dead Taliban freedom fighters and other dead enemies. Able New Zealand citizens should join self-defense militias of the New Zealand people, hunt and shoot down such enforcers of an unconstitutional gun confiscation scheme, and furthermore to hunt and shoot down all doers of the abominable deeds of sexual perversions (homosexuality, lesbianism, bestiality, incest, pedophilia (sexual relations with girls below 12 years of age)), abominations (child murders (abortions), change of gender, cannibalism, human cloning), intentional murder, enslavement of men/women or selling of men/women to slavery in their districts and states, eradicating the abominable from New Zealand soil, and should repatriate the jews and non-Whites from New Zealand to their nations or third countries. The self-defense militias of New Zealand people shall engage in military struggle against gun confiscation scheme, until New Zealand soil is liberated and a gun confiscation scheme repealed. Subsequently, New Zealand government should be restructured, reelected and reappointed, all unconstitutional legislation repealed and New Zealand liberty restored. New Zealand officials, representatives, statesmen will understand the hard bloody way that they can take weapons from cold dead hands of New Zealand citizens