Americans face post-foreclosure hell as wages garnished, assets seized. – G.G. o o o Items from Mr. Econocobas: Weak Economic Data Slams Wall Street Time to Reduce Reliance on the Dollar: Russia PM Greek Bonds Extend Selloff, Pushing Yield Up Most in 15 Months U.S. Retail Sales Drop: A Cautionary Sign on Consumer Demand
James Rickards: You Can See This Collapse Coming A Mile Away o o o This Will Send Massive Shock Waves Through The Gold Market o o o Ebola and the Five Stages of Collapse . – A.D. Items from Mr. Econocobas: Ebola Economic Impact Felt Beyond Affected Countries
This Is What Happens When Someone Is Desperate To Sell $750 Million Of Stocks. – J.W. o o o Items from Mr. Econocobas: Mark Cuban: Limit Student Loans To Improve Economy– Obviously there are a lot more issues than student loans, but the point is valid; in the absence of government guaranteed loans, college would be much less expensive. The Fed’s 2% Inflation Target: The Ultimate Keynesian Con Job What The Heck Just Happened in Global Stock Markets? Defying The Dollar Russia & China Agree Currency Swap Worth Over $20bn
The Heart Of The Ponzi?? o o o You Can See This Collapse Coming A Mile Away-James Rickards. – J.W. o o o Ebola Outbreak Crumbles Sierra Leone Economy and Food Security. – JBG o o o Loophole lets teacher union bosses collect state pensions at taxpayer expense. D.S.
After Abenomics Failed In Japan, It Is About To Be Tried In Europe o o o The stock market is finally recognizing severe global volatility: Stock market has worst performance in two years. o o o Items from Mr. Econocobas: S&P 500 Caps Worst Week in Two Years as Tech Shares Drop Serious Financial Trouble Is Erupting In Germany And Japan S&P 500 Caps Worst Week in Two Years as Tech Shares Drop
U.S. and UK to test big bank collapse in joint model run. – G.P. o o o Items from Mr. Econocobas: Burdened with Record Amount of Debt, Graduates Delay Marriage China Just Overtook The US As The World’s Largest Economy In Purchasing Power Global Alert From Chongqing: Foxconn Strike Is An Epochal Inflection Point 18 Sobering Facts About The Unprecedented Student Loan Debt Crisis In The United States
The Oil Weapon: A New Way To Wage War o o o Print Iceland Isn’t Greece… It’s Worse o o o JWR has been hammering this point for nearly a month now – Buy Low Sell High: The Price of Gold And Silver Has Finally Hit Bedrock – J.W. o o o Items from Mr. Econocobas: Confidence In Obama On Economy Sinks to New Low – While the author doesn’t see this, it highlights how phony the “recovery” is for main street. Auto Debt Nearing $1 Trillion—-But No Bubble Here!
Russian Shale Boom Unlikely As Sanctions Force Another Company Out o o o Items from Mr. Econocobas: The Shrinking Deficit Myth: US Debt Jumps by $1.1 Trillion in Fiscal 2014 Video: Jim Rickards: Obama Ending Alliance with Saudi Arabia and Killing the Petrodollar Job Openings Near 14-Year High as Actual Hiring Plunges Homebuilders Offer Freebies as Booming U.S. Markets Cool
The new-new subprime is with auto loans. More data reflects a troubling trend. Repossessions are up 70 percent in the last quarter, but what can we expect when one-third of new auto loans are now in the form of subprime debt? This is a $920+ billion market here: The new subprime is in auto loans: One third of all new auto loans are of the subprime variety. Repossession are up 70 percent. o o o Bankers Manipulation of Gold & Silver: Proof in The Demand Data o o o U.S. And Australia Chasing Qatar for LNG Supremacy
Chinese renminbi becomes directly tradable with the euro. – J.W. o o o Items from Mr. Econocobas: Gold Bulls Retreat as Short Holdings Rise to Highest Ever September Jobs: Some Numbers Bubblevision Didn’t Mention S&P 500 Companies Spend 95% of Profits on Buybacks, Payouts “Ignore At Your Peril”: A Review Of The Great Deformation
I’m not usually one for conspiracy theories, but I have to admit, this is certainly one way to cope with an impending economic collapse without declaring war. Do these ten pieces of evidence prove the U.S. government is actively encouraging an Ebola outbreak in America? o o o Those not in the labor force but looking for a job now rose last month: The funny numbers behind the unemployment rate. o o o Labor Participation Rate Drops To 36 Year Low o o o What to Hold When the U.S. Economic Blimp Deflates o o o Gold Manipulators “Should Be …
4 Of 5 Top Job Additions In September Were Low Or Minimum Wage o o o “Money Bubble” Predictions Coming True, Part 1: Stock Market Volatility Surges o o o Items from Mr. Econocobas: The Neverland Of NIRP: Where Free Fed Money Kills Honest Price Discovery Labor Participation Rate Drops To 36 Year Low; Record 92.6 Million Americans Not In Labor Force Russia, Iran to Boycott US Dollar in Bilateral Trade
“Hiring Grandparents Only”: 230K September Jobs Added In 55-69 Age Group; 10K Lost In Prime, 25-54 Group – G.G. o o o The middle class is poorer today than it was in 1989. – T.J. o o o Items from Mr. Econocobas: ECB Reveals Asset Purchase Plan, Skimps on Detail Video: Interview with G. Edward Griffen – Thoughts On Gold And What Makes The Fed Such A Dangerous Organization Yen’s Steepest Decline in 20 Months Spreads Unease in Japan U.S. Apartment Vacancies Rise for First Time Since 2009
Alan Greenspan: Gold Is “Universally Acceptable” and Why China Is Buying o o o One World, One Bank, One Currency o o o Items from Mr. Econocobas: Video: Peter Schiff: Biggest Crisis Ever Looms – 25mins long but very good. August Construction Spending Weakens US Mortgage Activity Remains Stuck in Neutral Consumer Comfort in U.S. Declined Last Week to Four-Month Low
Final Push Down In Silver To Set Up Massive Surge Above $100 . – J.W. o o o Items from Mr. Econocobas: Home Prices in U.S. Rise at Slowest Pace in Almost Two Years Three Reasons Why The Stock Market Top Is In