Michelle Obama’s Lunch Rules Have Cost Cafeteria Worker Jobs – D.S. o o o Printing Money Goes Haywire in Venezuela – G.G. o o o In 2008, Fewer Than 30 Million Used Food Stamps. Now 46 Million Do. – GJM o o o Illinois Pays Lottery Winners In IOUs After $30K/Month Budget “Guru” Fails To Produce Deal – GJM o o o China is the biggest Bubble in History
Stocks Are Likely in for Another 6 Months of Volatility! o o o Currency wars can quickly spiral downward into a vicious black hole & that makes precious metals all the more attractive…. this time the threatened currency destruction will be global o o o Global Silver Inventories Tipping Point? New Threat To The Fracking Industry o o o Why The Great Crash Is Still In Motion
Bank system outage This will be interesting when the system really is closed, won’t it ? – A.S. o o o Fed Up Investors Yank Cash From Almost Everything Just Like 2008 – JBG o o o Eliminating Physical Currency Necessary To Give Central Banks More Power o o o Why Stocks Could Fall 50% If The Fed Makes The Wrong Move Items from Mr. Econocobas: Fed Up Investors Yank Cash From Almost Everything Just Like 2008 The Financial Times Demands End Of Cash, Calls It A “Barbarous Relic”
Gold and Warnings From Exponential Markets o o o We Are At War ~ Jim Willie o o o t’s Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington – B.B. o o o The Midst Of A Financial Meltdown That Is Truly Global In Scope o o o Items from Mr. Econocobas: Fed’s George Says Still Prepared for Rate Hike, But Turmoil – You better believe there will be volatility if the Fed raises rates.. Odds are if they do some minor rate hike as immaterial as it would be it will send the markets in another tail …
Devaluation Stunner: China Has Dumped $100 Billion In Treasurys In The Past Two Weeks – GJM o o o Plunge Protection Team Losing Control of Markets-Jim Sinclair – B.B. o o o China’s economy, the world’s second largest economy only behind the USA, is tanking… The Chinese are very well known for being hard-as-nails and sticking to the course, no matter how hard. When we see them capitulate and make a major move (panic?) in devaluing their currency, coupled with lowering their interest rates, we have to believe things are far worse than we know, and certainly worse than what …
7 million college debtors have yet to make a single student loan payment in last year. The college debt bubble grows. o o o Interest rates to remain ‘stuck’ at 5000 year-old levels Has the great correction begun? Time will tell. It’s mathematically impossible for the system we have to keep growing as it is; common sense tells a person this. Either way the prudent prepare as Joseph did in Egypt long ago. – A.S. o o o Gold Facts and Gold Speculations o o o Wikipedia Lists Today As One of Largest Intraday Point Swings, 1,089.42 Points Between The …
Global Trade In Freefall: Container Freight Rates From Asia To Europe Crash 60% In Three Weeks – GJM o o o 10 Reasons Why The Market Carnage Is Far From Over o o o Items from Mr. Econocobas: Why The Bear Of 2015 Is Different From The Bear Of 2008 Making Sense Of The Sudden Market Plunge Households See 1.8 Trillion of Wealth Vanish Stock Up on Canned Goods and Bottle Water- Fmr Advisor to Gordon Brown Advises – This is interesting just given the source..
Warning: The Great Reset Is Coming, Very Soon! — Bill Holter o o o Making Sense Of The Sudden Market Plunge As we’ve been warning for a long time, you cannot print your way to prosperity; you can only delay the inevitable by trading time for elevation. Now, instead of finding ourselves saddled with $155 trillion of global debt as we did in 2008, we’re entering this next crisis with $200 trillion on the books and interest rates already stuck at zero. We are 30 feet up the ladder instead of 10, and it’s a long way down. – A.T. …
The following story takes place during late summer in south central Texas. As I battle the humidity by sipping on a margarita on the San Antonio river walk, I wonder if the air can get any thicker without precipitation. It is Friday night before a family wedding. We dine together, the bride’s family and the groom’s family. I am a member of the former. The night before, the bride– my sister– had prepped me for the meeting with the family of her hubby-to-be. I was warned the future in-laws were very “politically active.” That is code for, “Will, don’t ruin …
This 2 Day Stock Market Crash Was Larger Than Any 1 Day Stock Market Crash In U.S. History – B.B. o o o The Fed Talks And The Market Tanks; That’s Different o o o The Collapse Of A Deluded Fantasy And The Most Devastating Reality Check Of All o o o A Modern-Day Shoeshine Boy Moment
When The Global Silver Shortage Arrives… It Will Be Too Late o o o The casino of Wall Street enters official correction territory: S&P 500 has increased on the back of a massively expanding Fed balance sheet. o o o Items from Mr. Econocobas: No Bullard Bailout Today: Unscheduled Fed President Comments Leave BTFDers Bent Over Is the Fed Looking for Excuses to Not Hike Rates? – This poor Mickey Levy guy just doesn’t get it.. The fed is not looking economic cover to raise rates. They are looking for cover to not raise rates, because they can’t unless they …
Silver – More Evidence of a Price Bottom – G.C. o o o The Stock Market Crash Of 2015 Is Just Getting Started o o o Low Oil Prices And China Pull The Rug From Under Latin America o o o Get used to the idea that you will never retire: GAO report shows that half of Americans 55 and older have no retirement savings at all. o o o Stock market endures worst day in 18 months – C.L.
This government printed so much money the mint workers went on strike – H.L. o o o What Will You Do When The Government Checks Stop? – B.B. o o o The Crisis Is Spreading: China, Australia, Brazil, Canada, Sweden… If someone was still on the fence about a soon-ish global economic collapse, this webpage would give them a LOT to think about – P.H. o o o Silver Cycle Low – Now
World shipping slump deepens as China retreats – G.G. o o o Venezuela’s currency is now so worthless that people are using it as napkins – G.P. o o o Items from Mr. Econocobas: Why Gas Prices Are Rising Despite Oil’s Plunge – I for sure have been wondering this. I’m making an assumption that this is true, but who knows. Abe Aide Says Japan Needs 3.5-Trillion Yen Economic Package Renting in America Has Never Been This Expensive
This Alarming Indicator Is Back At A Level Last Seen Before The Bear Stearns Collapse o o o THE U.S. EMPIRE INVESTMENT STRATEGY: Export All Of It’s Gold… The Barbarous Relic o o o Items from Mr. Econocobas: 8 Reasons Why The Telegraph Thinks The Market Doomsday Clock Is One Minute To Midnight Is The ‘Dumb’ Money Doing Something Smart? Ron Paul: China’s Woes Give Fed Cover on Rates – Of course they won’t raise rates unless they are ready to pull the plug, because that is exactly what would happen if they did. Letting the market determine the price …