Commonomics II Predictions were on point: What happened on January 26, 2016?
By Dr. Ridgely Abdul Mu’min Muhammad (12/21/18)
Being an economist, I am always curious and looking deeper in economic trends. To this end, uncovering how economies are planned and manipulated led to me predicting a major financial crisis or panic which was to occur around January 26, 2016 similar to what happened on “Black Tuesday”, October 29, 1929 and the Global Financial Crisis on September 29, 2008.
I put this economic prediction in my book Commonomics II: The Sheep, Sheepdog and Evil Shepherd. Of course it is very chancy to make public such a specific prediction two years in advance. I discovered in 2012 what I calculated as a pattern to financial crashes or panics for almost a 400 year period from 1621 to 2008. I put my discovery in a letter with the subject “What time is it?” to the Honorable Minister Louis Farrakhan on September 9, 2012 which I presented in my book, Commonomics II:…A part of this letter reads:
“The table below is the result of these calculations along with some important events associated with these dates, all on a Tuesday. I have specific dates for such events as “9/11” and “Black Tuesday”. These dates fall exactly as multiples of 2625 days. The other events highlighted are mostly within the same year as our calculations. Therefore, I do not have a perfect fit for all these important economic dates. However, if I were a betting man and had the type of capital to play with, i.e. be a wealthy Jew, I would be tempted to position myself to capitalize on something happening around January 26, 2016. For it seems that the Jews interpret this “jubilee” not with giving back, but with taking back from their Gentile sheep whatever wealth they could accumulate before the shearing: minor shearing/fleecing every 7.19 years and major shearing/fleecing every 50.31 years.”
Although I discovered this pattern earlier in 2012, I was not going to do anything but wait until 2016 to see what would happen. However, I had a dream in which there were a lot of brothers in bowties waiting on me after Jummah prayer with meat cleavers in their hands. Now that was not a pleasant dream and I felt that it was warning me to expose what I felt might happen in 2016. I felt that if there was a “panic” and I did not tell what I knew and people found out later that I knew in advance what might happen, then I might be held accountable for not warning my people. Of course by putting it in a book and distributing it to the public there was a chance that the financial speculators might find out that I knew their game and therefore would change their game plan. Well, I felt that being wrong was a lot less expensive to my health than being right but not warning the people.
Well sure enough January 26, 2016 came and went, but nothing seemed to happen until I read some news articles a few days later about what happened in Davos, Switzerland and what happened in China. According to marketwatch.com in a January 26, 2016 article called “China warns Soros against ‘declaring war’ on its currency”:
Not long after billionaire George Soros forecast (January 21, 2016) a so-called hard landing for the Chinese economy, Beijing fired back by calling out the high-profile investor, warning him of betting against its currency, according to media reports Tuesday (January 26, 2016).
“Soros’ challenge against the renminbi and Hong Kong dollar is unlikely to succeed, there is no doubt about that,” said a government official in an opinion piece widely cited by several media outlets.
The article headlined, ”Declaring war on China’s currency? Ha ha,” was published by the People’s Daily, the official newspaper of the Chinese Communist Party which is widely viewed as Beijing’s propaganda tool.
A translation of the Mandarin version of the editorial linked by ZeroHedge includes references to the U.S. suffering from a “Dutch disease” and “financial predators.”
Reports of the People’s Daily’s article follow Soros’ recent prediction that a precipitous slowdown in the Chinese economy is inevitable.
“A hard landing is practically unavoidable,” Soros told Bloomberg Television last week on the sidelines of the World Economic Forum in Davos, Switzerland. “I’m not expecting it, I’m observing it,” he said, referencing his China outlook.
Soros’ ties to seismic currency bets date back to 1992 when he accurately wagered that the pound would fall in value, forcing the British government to withdraw the currency from the European exchange rate mechanism. He also successfully bet against the Thailand baht ahead of the Asian financial crisis in 1997, which pushed several Asian economies to [the] brink of sovereign default.
However, the Chinese stock market did not crash and her currency, not only survived, but now by many standards, is stronger than America’s currency. How do speculators start and profit from economic “panic”? We found a great book which detailed the history of many financial panics and crashes going back to the 1600s: Manias, Panics, and Crashes: A History of Financial Crises by Charles P. Kindleberger (2000, fourth edition). In it he describes what is meant by “panics” and “crashes”:
“A crash is a collapse of the prices of assets, or perhaps the failure of an important firm or bank. A panic, ‘a sudden fright without cause,’ from the god Pan, may occur in asset markets or involve a rush from less to more liquid assets.” (Kindleberger 2000: 105)
According to Kindleberger “speculative manias” precede crashes and panics. Mania connotes “a loss of touch with reality or rationality, even something close to mass hysteria or insanity. Speculation is no longer investment for use, when the goal becomes buying and selling stocks for profit. Greed drives people to speculate. However, in many cases there are seasoned players and new comers. There are insiders, who know the deal, and outsiders who go on emotions and hunches.
“Speculation for profit leads away from normal, rational behavior to what has been described as ‘manias’ or ‘bubbles.’ The word mania emphasizes the irrationality; bubble foreshadows the bursting. In the technical language of some economists, a bubble is any deviation from ‘fundamentals,’ whether up or down…In this book, a bubble is an upward price movement over an extended range that then implodes. An extended negative bubble is a crash.” (Ibid: 15, 16)
This “bubble-burst” model or cycle was classically displayed in the lead up to the 2008 financial crisis in which the housing market was the object of speculation and manipulation. Easy money released by the Federal Reserve served to boost housing values causing people to believe that the value of their homes would continually increase so they could increase debt spending on other items. Lower interest rates encouraged borrowing. From 2000 to 2003, the Federal Reserve lowered the federal funds rate target from 6.5% to 1.0%. This was done to soften the effects of the collapse of the dot-com bubble and the September 2001 terrorist attacks, as well as to combat a perceived risk of deflation. As early as 2002 it was apparent that credit was fueling housing instead of business investment as some economists went so far as to advocate that the Fed “needs to create a housing bubble to replace the Nasdaq bubble”.
However, starting in 2004 the Federal Reserve started increasing the interest rate from 1.0% incrementally by 0.25% every 2 months up to June of 2006 where it peaked at 5.25% bursting the housing bubble. However, instead of blaming the Federal Reserve on the 2008 financial crisis, also known as the Global Financial Crisis, some members of Congress, especially the Tea Party, blamed Black people buying houses they could not afford as the cause of the housing crisis and mass foreclosures. These foreclosures then led to the collapse in the housing market, failures of financial institutions and eventually the stock market crash in the fall of 2008. The Honorable Minister Louis Farrakhan has taught us that The Most Honorable Elijah Muhammad warned us that we cannot fathom the depths of the wickedness of White people. We may never believe that so-called White people would destroy the wealth of their own country and then blame it on Black people, but they did just that in 2008.
Now with that experience we became very skeptical when the Federal Reserve started a stock market bubble as I described in Commonomics II:
I am writing this book in the fall of 2014. As I stated in Chapter 7 “QE-Infinity” started on September 13, 2012 and zero interest rates will persist “at least through 2015”. So the Fed started feeding a new “stock market bubble” with cheap money in 2012, the Stock Market prices are shooting through the roof; the Dow Jones average moving from 12,101 in June of 2012 to highest in history with levels of 17,123 on September 12, 2014, an increase of 41% over a two year period. But the pin is already being forecasted to be stuck in this bubble at the end of 2015; which makes January 26, 2016 a very interesting date indeed.
Now the death of Trayvon Martin on February 26, 2012 started a trend of police killing unarmed Black people and those killings getting national news coverage. After Trayvon another 15 were murdered in 2012, in 2013 another 7 and in 2014 another 14. After the August 9, 2014 brutal murder of Michael Brown in Ferguson, MO, Black Lives Matter financed by George Soros took the lead in the protests against these shootings. George Soros has financially supported dissidents including Poland’s Solidarity movement, Charter 77 in Czechoslovakia, Andrei Sakharov in the Soviet Union and the Movement for Democratic Change in Zimbabwe. He has supported separatist movements in Kosovo, the Turkish Republic of Northern Cyprus , Somaliland and the Polisario Front of Western Sahara. Therefore we became very suspicious that Soros might be funding a race war in America and use it as the cover for sinking the stock market. Even one of the mass murderers of Black people, Dylann Roof after he was arrested for murdering 9 Black people at a church in Charleston, SC, reportedly said that he wanted to start a “race war” according to a June 19, 2015 Newsweek article.
So the stage was set for a “race war” which could have been used as a cover for another trillion dollar heist. But what happened? There plot for this “race war” began to fall apart even as it was cranking up. After Michael Brown was murdered on August 9, 2014 and Black Lives Matters stepped into the fray culminating in a major confrontation with the police in Ferguson on Saturday night, August 16, where armored vehicles and tear gas was used. It is interesting that the Jewish controlled media failed to report on a statement made by Minister Farrakhan on that next day, August 17, at Mosque Maryam, which caused the US government to rethink its plans to replicate the military attack on our people in Ferguson in other major cities like Chicago, The Minister’s home. The Minister has warned black people that the police are being trained in military tactics and given military weaponry. And according to http://electronicintifada.net/blogs/rania-khalek/israel-trained-police-occupy-missouri-after-killing-black-youth
“At least two of the four law enforcement agencies that were deployed in Ferguson up until Thursday evening — the St. Louis County Police Department and the St. Louis Police Department — received training from Israeli security forces in recent years.”
In his address The Minister said that if they roll out the tanks in Black Chicago, he and Father Pfleger would walk hand in hand in front of those tanks daring the government to shoot them first. Why did the media ignore this statement? Did they think that The Minister was bluffing? Black America exploded at a total unknown (Michael Brown), (and who they believe was caught on film stealing) what do they think will happen if a single hair on the head of the Honorable Minister Louis Farrakhan is disturbed? Minister Farrakhan again reminded the listeners of the Great Mother Plane that exists, is protecting him and can destroy America in less than one day.
Laquan McDonald was the black 17-year-old who was shot 16 times by the police officer on Oct. 20, 2014. The video showing the shooting was only released by Chicago officials when they were ordered to do so by a judge in late November 2015. Why did they tape the murder but not release until one year later. We feel that they would have released it earlier to build the momentum for the “race war”, but Minister Farrakhan’s threatening to go in front of those tanks made them hold off.
Then two more events happened in 2015 which made it difficult to pull off the heist in America. Minister Farrakhan called for “10,000 Fearless Black Men” in 2015 which shocked everybody into thinking that Farrakhan was going to ask Black men to violently revenge the death of innocent Black people. He galvanized Black people to come to Washington, DC for the 20th Anniversary of the Million Man March which is known as “10-10-15.” But instead of asking young Black people to take up arms, he gave them their marching orders of executing a national economic boycott of white businesses during the Christmas buying season, which in turn deflated the possibility of violence. Add to this “peace” soup the fact that Bernie Sanders was running a strong presidential campaign by pointing to Wall Street Bankers as being the cause for the Financial Crisis of 2008, so now the financial speculators could not swindle the public blind and get away.
So now instead of the Federal Reserve increasing the interest rates at the end of 2015, they kept interest rates low until 2018. Now the economy is slowing down and Trump is correctly upset with the Federal Reserve. Oh well.
So since they could not ditch the American economy under the cover of a “race was” in 2016, they attacked the second largest economy in the world, China, on January 21, 2016. However, the Chinese leadership, starting on January 26, 2016, did not allow their population to go into a “panic” once the robbers threatened to sink the Chinese economy and currency. Instead, the Chinese government shut down all the stock and currency markets, so that the Chinese people had to wait until the threat blew over. Now China’s economy is stronger than ever and she is predicted to be the world’s largest economy by 2029. They owe me some money.(smile)