A very bearish development happened today. The VIX collapsed to its lowest level since the Wilshire November 2021 peak. So, despite the Jewish-controlled media screaming “sentiment is still too bearish” – and that may be true in a sense – the results of actual market betting are showing something different. Capitulation of the bears.
A low VIX means “expected” calm. That prices will no longer move out of a comfortable range from day to day. It is a lack of fear. This does not mean the market will drop tomorrow. It only means that excess bearishness and fear is truly subsiding which is what we need for a wave (2) peak to end on optimism, or “good news”. There is no good news underneath. The global credit bubble has been finally popped, the market has yet to realize.
The market only needs to go above the February 2023 high. It can go above the August 2022 high, but we would still label it Intermediate (2) in either case.
Therefore, the primary count is intermediate (2) is not yet finished and prices will rise above the previous Feb 2023 high but not necessarily above the august 2022 high but in either case the count stays the same. The most bearish count is that the earlier 2023 high is actually (2) and this is just a subwave 2 of a lower degree.
And now we have a potential squiggle count shown on the next 2 charts:
The primary squiggle count:
Here is the reality and these numbers are from Oct 2022. The % of total public debt vs. GDP is the key chart and it is not updated so it has expanded even more.
It has been shown that when a household experiences debt above 100% of the annual income, the household inevitably goes bankrupt. And the implosion can happen rapidly especially in a rising interest rate environment which these charts lack 6 months of data.
If the economy for instance was to experience another massive loss of GDP income, say due to war in Tawain or NATO fighting Russia directly, there is no room for rescue any longer.
But that’s what they wanted anyway. Satan, via his children of the devil, the globalist Jews and their Freemason lackeys, have been planning this since the House of Rothschild was established in the 1700’s. Predatory lending practices, creating a global credit bubble while hording all the gold and issuing worthless paper debt among the masses. And here we are on the verge of WWIII. The perfect setup for the total global collapse of the old system so that they can unveil the New World Order and usher in the Jewish Messiah – the Antichrist.
Thats what the bible teaches what will happen and it is happening.
And it is no wonder that some 50% of global trade flows through the Strait of Taiwan and all key semiconductor factories are located in Taiwan and most goods of the world were offshored to China. If I was Satan, I couldn’t have planned it better. Spark a war over Taiwan and watch the global supply chain collapse. And the over bloated on debt mega corporations of the world will all go bankrupt rather quickly.
