Worth a half-hour of your time; h/t Maggies Farm.
Punchline:
“…We are nearing the end. I think the world economy is plunging into an unprecedented deflation recession period of shrinkage that will bring down all the markets around the world that have been vastly overvalued as a result of this massive money printing and liquidity flow into Wall Street and other financial markets…”
Another POV:
One of my favorite Electronic bands from back in the day.
I frankly couldn’t give a rat’s ass.
your leadership during the air Battle of Britain was superlative. It’s a shame Winston treated you so badly. And despite this adversity, you came through again during the desperate months at Malta, 1942. Men like you are hard to find; I am glad you are still with us
What comes next. Does the Fed reset?
http://www.zerohedge.com/news/2016-02-01/end-plan-big-reset-8000-gold
What comes next is that useful tools made of brass, lead, steel, and plastic (and human work and intelligence) become the new money.
the US branch of the Rothschild International Bank, alias the Fed, cannot “reset”. There is no gold in Fort Knox. It’s gone. No audit in 40 years. It’s gone gone. And Israel isn’t about to give it back. The only way the .gov can get enough gold to “reset” is to confiscate every coin and bar they can find. At gunpoint. Then devalue the new currency against the confiscated gold. Like FDR did in ’33. But if they can’t get that gold, they can’t re-set this way either. This, in addition to a longer term extermination of the White population, is a more proximate reason for the ZOG’s current gun-grab
Why Moar Fuckery of course.
The “federal squirrel bank” will continue to collect it’s nut.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Henry Ford
here’s a few TONS of the Chinaman’s “money.”
how’s that green toilet paper working out for ya, ‘Rankee Pig Dog?
Ave, Centurion!
My prior offer is still open.
The Fed will pull a rabbit out of its ass yet again – one way or the other…
It’s out of rabbits. Negative interest rates are next, but that won’t last long; every bandaid has had less returns. Every market counter rally has failed and every decline has been greater than expected. Average decline in a bear mkt is 28% and I’m betting we’re thru that before August. IMO, 2016; the mess Fed banks made of the world becomes uncontainable and in 2017; it’s a whole new world or WW3 is started to distract the masses while they restart the game all over.
At zero interest rates, the huge pension funds will not generate enough cash to pay the pensioners. That is when the awakening comes… Insurance annuities are in the same boat…
Baltic Dry Index is at 310 today. I never thought I’d see it that low. 500 used to be the lowest it would go. Ain’t nothing moving on the seven seas. Neptune must be sad.
it’s still, sorta moving. the container space just costs less and less. A.K.A.. deflation. By and by, though, there’ll be no bidders for the space. Or anything else. Then, in final desperation, the real QE…and hyperinflation…will begin. I still can’t time it though. Stockman thinks he can. Maybe. I dunno. There’s still gas in the pumps, still food on the grocery shelves. So no collapse. Yet
Zero Hedge has an article (entitled ‘Stock Apocalypse’) about stores not having anything/much on the shelves, so we may be close to no…whatever.
Noticed 2weeks ago there was zero ‘Minute Rice’ on the shelf.
“Retail Apocalypse” not “Stock ….”
Reblogged this on The Lynler Report.
I agree with Stockman that the Fed might be out of bullets, but I think they’re preparing to use bazookas and rocket launchers. They will move to the money printing phase called helicopter money, which is expansion of fiscal policy by the federal gubmint, funded by Fed debt monetization.
One scenario of such a program might entail everyone receiving a tax credit in their bank accounts, or a prepaid card of some kind, which can only be used for purchases. You won’t be able pay off debts with it, other than the increment of credit card debt that shows that shows you’ve spent money to but “things”. Cash withdrawal will not be allowed. All transactions will have to be electronic in order to use the funds. Call it “EBT fo’ all”.
This should give them the ‘flation they want, only it will be “hyper”, and constitute final phase before the destruction of the dollar for international trade settlement, and every other fiat unit on earth, because all are derivatives of the dollar. Subsequently, and contrary to what Jim Rickards says, only bills collateralized and redeemable in gold will be accepted for trade settlement.
A potential Clash Of The Titans w/ decidedly ungood planetary socio-economic ramifications.:
http://www.marketwatch.com/story/china-warns-soros-against-declaring-war-on-its-currency-2016-01-26
Given the wooing of the ChiComms by Israel as America’s fortunes (& subsequent influence) decline, should the above situation go hot the confrontation’ll pose some interesting collateral problems for a certain ethno-religious group in the U.S. once its effects begin to manifest themselves. And if the effects of said conflict become severe enough, it wouldn’t be surprising to see an intense & virulent campaign (“The Red Menace from the East”/”The Yellow Peril”) mounted by said certain American ethno-religious group against the current ‘love object’ of its true homeland.
Now for some domestic econo-political news.:
http://www.ibtimes.com/political-capital/democratic-financier-george-soros-invested-firearm-companies-while-backing-gun
If ol’ Georgie/his buddies are serious about destroying America’s gun industry/culture he/they best get steppin’ as the following’s now become the rule here.:
http://wcfcourier.com/business/local/gun-retailers-say-sales-are-booming/article_3c835425-66e3-5a03-a444-d7b47fcfeae5.html
http://www.bizjournals.com/kansascity/blog/2016/02/kc-gun-store-increase.html
When one considers that the traditional American response to foreign attack is unremitting violence toward the attacker/its allies & factors in the increasingly hostile American/intl politico-social atmosphere, it would profit Soros/similar to think VERY carefully BEFORE making moves that will generate consequences he/they/their allies won’t be able to handle.
If Mr. Stockman is right and the deep correction happens, this country and all the subprime humans sucking on the public teat are going to be in a huge world of hurt. And nobody is going to give a rip.
Personally, I always keep one in the chamber… hammer back… Safety on… Condition one. 1911 How else ya gonna carry it…?
As for the rest of it… keep your powder dry. You do know that the two party system is in place just to pacify the sheep… Right? If you think you have hope, you will not be as willing to do what has to be done. If you are still thinking voting will be of service to you, I won’t dissuade you but I for one am prepping… Heheheh…