The Keys to the Shadow Banking System: OPERATION YELLOWHAMMER AND BRITISH PEAK INEQUALITY...

The Keys to the Shadow Banking System: OPERATION YELLOWHAMMER AND BRITISH PEAK INEQUALITY...: On September 6, 2018, a secret British plan was given the code name Operation YellowHammer. This plan would cover 13 vital areas with t...

The Keys to the Shadow Banking System: THE RISE OF THE AMERICAN PROMETHIAN ENTREPRENUR CL...

The Keys to the Shadow Banking System: THE RISE OF THE AMERICAN PROMETHIAN ENTREPRENUR CL...: The United States of America is in the process of creating a new class of Promethean entrepreneurs. Dr. Herrera 's new book Ameri...

THE RISE OF THE AMERICAN PROMETHIAN ENTREPRENUR CLASS!

The United States of America is in the process of creating a new class of Promethean entrepreneurs. Dr. Herrera 's new book American Prometheus: the Fire Bell of Revolution: 2020-2030 challenges our outdated ways of thinking about technological innovation. Dr. Herrera explains why Promethean innovations are now forming the essential infrastructure of technological capitalism.

This new class of American entrepreneurs has replaced the 20th-century middle-class entrepreneurs.
The old middle-class industrial capitalism has been replaced by 21st-century technological capitalism. The "fast future " of accelerated technological changes is based on a revolutionary paradigm shift from local and linear world-view to a global and internet connected world. This creates a generational 10x capability of using newer 21st Century technological tools versus the 2x generational ability to manipulate 20st-century technological tools.



We are now using exponentially new information technologies. The 20th Century middle class is locked into a much slower rate of change. The 20th Century politicians are unable to compete with the complex interaction between the millennial generation and exponential new technologies. Both Democratic and Republican politicians cannot deal with this massive reconstruction of American society. Dan Sullivan clearly echos this paradox, "Choose to make your Future bigger than your Past".


Why are the American politicians behind the "eight ball"? They are unable to create a political agenda that incorporates the massive changes that are driving the Fourth Industrial Revolution. They are slowing down the necessary progress to reconstruct American society. What do they not understand?


The Fourth Industrial Revolution is the foundation for the new Technological Capitalism This involves the following areas of changes: microcomputer, miniaturization, Execo-skeleton, internet world, robotics, autonomous car, medical implants, alternative energy, artificial intelligence,, industrial real estate, human 3 D printers, nanorobots, autonomous cars, cybercrime, biological programming, digital human brain, robotic people, aging revolution,  virtual reality and genetic shifting of DNA.

The new technological money will be created by a new cryptocurrency- Facebook will duplicate the success of the Chinese app WeChat for its American audience. Facebook will set up a new non-profit corporation incorporated in Switzerland.

 The idea of Swiss financial independence and neutrality will allow for a worldwide audience of consumers. The Facebook organization will be the promoters of the $ 2 Billion Libra "money". The Libra coin will allow individuals without bank accounts and credit to become part of the financial revolution.

 The new currency will be backed by a basket of currencies and major financial corporation which will allow for currency stability. The financial guarantee will most likely be denominated in  $300 to $500 million dollars of 30 year U.S. Treasury bonds. All accounts will be secured by the full faith and credit of the U.S. government.

What is the new Promethean mindset? The new entrepreneurs have harnessed the profound changes created by the Fourth Industrial Revolution. The Promethean entrepreneurs have developed an integrated mindset to reduce the complexity of change into an operational mindset of economic success.

 The 10X model generates incredible gains in a short period of time. This new 10X model is based on global internet and exponential growth of new information technologies. The "Fast future" has been reduced into a series of critical operations and allows for expansion of new 21st Century businesses.

The essence of the Promethean mindset is that it leads to simpler and more efficient solutions to technological complexity. People pay for simple solutions that make their lives comfortable and easier to deal with technological changes. The new business solutions are now ready for the marketplace and generate a path of wealth creation.

THE COLLAPSE OF THE AMERICAN LUXURY HOME MARKET 2022-2032!

The coming collapse of the " Little Caesar"  luxury homes will be a new shock to the real estate market.  We currently have 2,357 million homes valued at million dollars plus homes. The luxury market is entering into the "Greater Fool Theory of Investing".

 According to the new book, The Bubble That Broke The Bank we have entered into a recessionary phase of the luxury market. The market will be going down for the next 5 years. This will force sellers who have overpriced homes into a crash market.

 They need luxury buyers fools to buy their properties. Many luxury homes have high insurance and property taxes. Many luxury homes are frozen with high monthly costs and no buyers. We will start to see price reductions from $ 1Million to $10 Million dollars. Real estate brokers are working on new incentives to attract buyers who will become the greater fools of real estate investing.

 These homes are located in 22 cities in four major states: California(950,959), New Jersey( 100,000),  Mass. (63,256). and Connecticut (50,436). We have about 3% of all homes classified as million-dollar homes. Only 16% of American millionaires own million-dollar homes. Currently, 83% of all millionaires own homes that cost between $400,000 to $600,000.

The "Million Dollar Listing" will devaluate by 50% over 10 years. These homes will become low-performing investments. These homes are facing three major problems:

(1) Aging baby boomers who want to downsize their homes due to high costs of taxes, insurance, repairs, and maintenance;

 (2) The new 2023  tax laws have hit the coastal cities with higher taxes and taxpayers fleeing these high-tax areas; 

 (3) the Chinese and foreign markets are going into a deleveraging of assets. Chinese investors are facing a new emerging currency control of taking out only $10,000 US dollars.

The luxury home market must sell their homes at a 50% discount. The homes may face even lower discounts. These luxury homes have a very small market of buyers who make from $500,000 to $800,000 qualifying criteria. The majority of Americans can't afford these homes. This is a fantasy for lottery dream sellers.

 Currently, there is a large shadow inventory of homes that are coming to market. These homes are increasing the supply of homes and the decrease in demand is imploding the market. 

The millennials are not interested in old luxury homes. They are looking for new luxury homes that represent a different view of luxury. They are looking for a customized home that represents a comfortable view of ownership.

 The American and International real estate agents will be facing a 50% decline in commissions and fees. This part of the real estate market will end up only having 10% top producers. We estimate about 90% of luxury brokers will seek new areas of real estate. This will last for 10 years.

The Chinese investor market will be facing the new economic reality of a deleveraging economy. The Chinese economy will face higher tariffs, currency controls, and a collapsing American luxury market.

 This means that their current luxury home investment has depreciated by 50%. This money will be lost for 10 years. Chinese investors understand the coming changes in China! The Great Bear Market Real Estate, 2022-2026 is the most dangerous period for investment in Luxury homes. Buyer Beware, and Real Estate agents run for your life.