{"id":69190,"date":"2017-03-20T10:17:58","date_gmt":"2017-03-20T14:17:58","guid":{"rendered":"https:\/\/stateofthenation2012.com\/?p=69190"},"modified":"2017-03-20T10:17:58","modified_gmt":"2017-03-20T14:17:58","slug":"has-the-deep-state-begun-its-revenge-on-trump","status":"publish","type":"post","link":"https:\/\/stateofthenation2012.com\/?p=69190","title":{"rendered":"Has The Deep State Begun Its Revenge On Trump?"},"content":{"rendered":"

by Nick Giambruno<\/a>, Senior Editor
\nInternationalMan.com<\/p>\n

\"\"<\/a><\/p>\n

The Deep State is set to prick the largest bubble in human history today\u2026<\/p>\n

The Deep State is the permanently entrenched \u201cnational security\u201d bureaucracy\u2014the top tier of the military, the CIA, FBI, NSA, etc. It also includes the Federal Reserve, the quintessential Establishment institution.<\/p>\n

They all hate President Trump. They did everything possible to stop him from taking office. None of it worked. They fired all of their bullets, but he still wouldn\u2019t go down.<\/p>\n

Of course, the Deep State could still try to assassinate Trump. It\u2019s obvious the possibility has crossed his mind. He\u2019s taken the unusual step of supplementing his Secret Service protection with loyal private security.<\/p>\n

But for now, anyway, the Deep State\u2019s next move is to pin the coming stock market collapse on Trump. He\u2019s the perfect fall guy.<\/p>\n

When people think \u201cGreater Depression,\u201d they\u2019ll think \u201cDonald Trump.\u201d<\/p>\n

Right now, the Federal Reserve is the Deep State\u2019s weapon of choice<\/u><\/strong>.<\/p>\n

The economy has been on life support since the 2008 financial crisis. The Fed has pumped it up with unprecedented amounts of \u201cstimulus.\u201d This has created enormous distortions and misallocations of capital that need to be flushed.<\/p>\n

Think of the trillions of dollars in money printing programs, euphemistically called quantitative easing (QE) 1, 2, and 3. Meanwhile, with zero and even negative interest rates in many countries, rates are the lowest they\u2019ve been in 5,000 years of recorded human history.<\/p>\n

On top of that, the too-big-to-fail banks are even bigger than they were in 2008. They have more derivatives, and they\u2019re much more dangerous.<\/p>\n

If the Deep State wants to trigger a stock market collapse on par with 1929, it just has to pull the plug on the extraordinary life support measures it\u2019s used since the last crisis.<\/p>\n

This outcome is already baked in the cake. It\u2019s just a matter of when\u2026 and there\u2019s a good chance \u201cwhen\u201d is today.<\/p>\n


\nSource: <\/em>Ben Garrison<\/em><\/a><\/p>\n

In December 2015, the Fed raised interest rates for the first time in almost a decade, from 0% to a mere 0.25%. It kept rates there until last December, when it raised them to 0.50%.<\/p>\n

The Fed also announced it would accelerate rate hikes throughout 2017\u2014three in total. It will probably announce these rate hikes during the seven remaining Federal Open Market Committee (FOMC) meetings scheduled for 2017.<\/p>\n\n\n\n\n\n\n\n\n
2017 FOMC Meetings<\/strong><\/td>\n<\/tr>\n
March 15<\/td>\nSeptember 20<\/td>\n<\/tr>\n
May 3<\/td>\nNovember 1<\/td>\n<\/tr>\n
June 14<\/td>\nDecember 13<\/td>\n<\/tr>\n
July 26<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

This means the Deep State could trigger its controlled demolition today<\/u><\/strong>.<\/p>\n

Most expect the Fed to raise interest rates today. This could help prick the massive bubble in the stock and bond markets.<\/p>\n

Trump recently said:<\/p>\n

What happens if that interest rate goes up 2, 3, 4 points? We don\u2019t have a country.<\/strong><\/p>\n

In any case, I think some of this year\u2019s rate hikes will be much bigger than the 0.25% most expect. The Fed could pull a series of 0.50% rate hikes\u2026 or go even bigger.<\/p>\n

Anything greater than the normal 0.25% tempo would shock the market\u2014and seem designed to hurt Trump.<\/p>\n

Trump seems aware of the situation. He recently said, \u201cThey\u2019re keeping the rates down so that everything else doesn\u2019t go down.\u201d<\/p>\n

He\u2019s also said that \u201cwe have a very false economy\u201d and the stock market is a \u201cbig, fat, ugly bubble.\u201d<\/p>\n

During the campaign, Trump called Fed Chair Janet Yellen \u201chighly political.\u201d At that point, he said the Fed should raise interest rates but wouldn\u2019t because of \u201cpolitical reasons.\u201d (Raising rates before the election would have hurt Hillary Clinton.)<\/p>\n

Now, even a small rate increase is a lethal threat to the US budget. The US government currently needs over $400 billion from taxpayers just to pay the interest on its debt. Tax receipts are just over $2 trillion.<\/p>\n

If interest rates rise\u2026<\/p>\n