Everything Is In Place, The Fed Unwind Is The Last Step, This Is The Warning - Episode 1314a

in economy •  7 years ago 

McDonald's and other food service businesses will be replacing workers with automated food ATM's. New homes sales magically rebounded, but when you go deep into the numbers you can see that this is more fake news.

Fed finishes stress tests on banks and they all passed according to the Fed, the biggest worry is all this credit card debt, if the system crashes the banks might be in trouble. Fed Bullard says that the Fed should hold off and wait for Trump's policies before raising interest rates again.

The Fed is pulling the plug on the markets, the great unwind is about to begin, the manipulation will now be greater than ever before as liquidity is pulled out of the market

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Thanks , another great video.

That food atms are everywhere in Japan, it's better as i don't need to speak Japanese and it has English menu option

They must be beta testing on the Japanese, before going full stupid here.
What happens when the customer gets sick because some maniacal grease gets in the burgers?
Reminds me of the "Idiocracy" movie where they bought food from a vending machine and watered the grass with energy drink.

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This one makes sushi and pizza

Waitresses and bartenders have been most of the "so called" full employment recovery.

Is this in China? It's not even that expensive to pay the worker there, and they have big population, but still Robots are preferred

Chinese city of Kunshan, a small army of robot cooks and waiters serve dumplings and fried rice to curious customers at Tian Waike Restaurant, and their owner eventually wants his robots to replace humans the world over.

You don't need a real person to make fake food!

Yes, after the Robo police in Dubai, i am wondering what jobs can't be replaced now?

Sadly real people need work desperately because families are suffering.

Trump could have an ace up his sleeve, but he won't be able to stop this economic depression coming this way!

FED, huge banks, corporations, army traders, drug traders, Vatican. This is what we must fight against!

Thanks Dave, you do great work. Appreciated!

Trump's campaign slogan for 2020 "See? I told you Mexico would build and pay for the wall!"

the revolution has begun
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How long before the DOW drops?

I suppose when they stop secretly printing money and propping it up.

My personal opinion ( I could be wrong) is that in a hyperinflationary environment the Dow will also rise quite a bit. We may see Dow 125,000, however the Dow/Gold ratio will be way lower than it is now as the dollars would become more and more worthless.

Thanks that makes sense.

Not to mention the BRICS are already unwinding their dollars which is counter reactive to the Fed's activity. Regardless the American people who have assets in traditional holdings stand to get burned Big Time! Whether they turn off the MSM and start doing their research may well determine if they take the action necessary to secure some of their wealth in silver, gold and cryptocurrency.

Student loan bubble 1.2 Trillion, Auto Loan bubble 1 trillion, credit card bubble over 1 trillion. Hmmm sound familiar .

Thanks Dave. Upvoted and resteemed.

Wholesale vendors too, they have all switched to B2B site for retailers to order from...and they fired thousands of sales reps who used to take and fill the orders

Does anybody consider this chemical infested slop food anyways?

  ·  7 years ago (edited)

It is an awful - anti human trend. When I traveled through Europe, I stayed at a London airport hotel where ATM type bots took care the check-in/out process. My flight was cancelled and the airline assigned to hotel to me. It was awful and I felt demeaned. Not much choice in this case.

image:flickr.com

The next leg took me to Madrid. At the airport, and boy I was hungry, was the familiar MacDonald sign... and I was going to treat myself with a dose of yummy poison - something I do maybe once a year... However, approaching the counter... there was none. It was an ATM order bot, pay with card only. I felt used, unappreciated, like cattle being led to slaughter. I did not order anything and went to a Spanish food place a hundred yards further.

I also shun the automated supermarket check out machines. Where are the people who depend on jobs like check out clerks. Have they been found to be no longer needed? Who decided that?

While the CFO and HR or a company may decided that, we do -- too by using it. I will NOT support the disposal of human work and a friendly smile in exchange for a soul less, cold, money hawking machine that serve no one but heartless people.

Who then is able to pay for the goods sold using a bot. It's not the struggling mother of two who depended on her job in the hotel, at Mac Donalds, or the supermarket.

I have nothing against automation and technology. In fact, I am a techno gadget kinda guy. I love my toys. I love inventions that support humanity. I despise those that put hard working families out of a job and into poverty.

Let these people know, folks! Vote with your wallet. Do not use their degrading 'services'. Remove them from the landscape, those cold businesses that have lost their humanity. Because who is next?

ch @globocop

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Yes, these times are definitely interesting ones. It's like a tsunami of change.

Thanks Dave!