|
Post by avordvet on Jun 26, 2015 4:41:16 GMT -5
Got Cache? The Economic Collapse Blog Has Issued A RED ALERT For The Last Six Months Of 2015By Michael Snyder, on June 25th, 2015 I have never done anything like this before. Ever since I started The Economic Collapse Blog in late 2009, I have never issued any kind of “red alert” for any specific period of time. As an attorney, I was trained to be level-headed and to only come to conclusions that were warranted by the evidence. So this is not something that I am doing lightly. Based on information that I have received, things that I have been told, and thousands of hours of research that have gone into the publication of more than 1,300 articles about our ongoing economic collapse, I have come to the conclusion that a major financial collapse is imminent. Therefore, I am issuing a RED ALERT for the last six months of 2015. theeconomiccollapseblog.com/archives/the-economic-collapse-blog-has-issued-a-red-alert-for-the-last-six-months-of-2015
|
|
|
Post by avordvet on Jul 8, 2015 5:56:58 GMT -5
|
|
|
Post by Badger Actual on Jul 8, 2015 15:47:13 GMT -5
I do think we are heading for a world economic collapse, and I think we will see it before October.
|
|
|
Post by avordvet on Jul 9, 2015 3:41:50 GMT -5
I do think we are heading for a world economic collapse, and I think we will see it before October. Yup, many are about to get a very rude awakening after ignoring years of warnings to prepare themselves.
|
|
|
Post by avordvet on Jul 21, 2015 4:00:26 GMT -5
4 Things That Are Happening Today That Indicate That A Deflationary Financial Collapse Is ImminentBy Michael Snyder, on July 20th, 2015 When financial markets crash, they do not do so in a vacuum. There are always patterns, signs and indicators that tell us that something is about to happen. In this article, I am going to share with you four patterns that are happening right now that also happened just prior to the great financial crisis of 2008. These four signs are very strong evidence that a deflationary financial collapse is right around the corner. Instead of the hyperinflationary crisis that so many have warned about, what we are about to experience is a collapse in asset prices, a massive credit crunch and a brief period of absolutely crippling deflation. The response by national governments and global central banks to this horrific financial crisis will cause tremendous inflation down the road, but that comes later. What comes first is a crisis that will initially look a lot like 2008, but will ultimately prove to be much worse. The following are 4 things that are happening right now that indicate that a deflationary financial collapse is imminent… theeconomiccollapseblog.com/archives/4-things-that-are-happening-today-that-indicate-that-a-deflationary-financial-collapse-is-imminent
|
|
|
Post by avordvet on Jul 23, 2015 11:34:23 GMT -5
Commodities Collapsed Just Before The Last Stock Market Crash – So Guess What Is Happening Right Now?By Michael Snyder, on July 22nd, 2015 If we were going to see a stock market crash in the United States in the fall of 2015 (to use a hypothetical example), we would expect to see commodity prices begin to crash a few months ahead of time. This is precisely what happened just before the great financial crisis of 2008, and we are watching the exact same thing happen again right now. On Wednesday, commodities got absolutely pummeled, and at this point the Bloomberg Commodity Index is down a whopping 26 percent over the past twelve months. When global economic activity slows down, demand for raw materials sinks and prices drop. So important global commodities such as copper, iron ore, aluminum, zinc, nickel, lead, tin and lumber are all considered to be key “leading indicators” that can tell us a lot about where things are heading next. And what they are telling us right now is that we are rapidly approaching a global economic meltdown. theeconomiccollapseblog.com/archives/commodities-collapsed-just-before-the-last-stock-market-crash-so-guess-what-is-happening-right-now
|
|
|
Post by avordvet on Jul 27, 2015 5:35:22 GMT -5
|
|
|
Post by Michael Downing on Jul 27, 2015 21:50:57 GMT -5
ncrenegade.com/editorial/fear-rises-as-financial-markets-all-over-the-planet-start-to-crash/Fear Rises As Financial Markets All Over The Planet Start To Crash Can you feel the panic in the air? CNN Money’s Fear & Greed Index measures the amount of fear in the financial world on a scale from 0 to 100. The closer it is to zero, the higher the level of fear. Last Monday, the index was sitting at a reading of 36. As I write this article, it has fallen to 7. The financial turmoilwhich began last week is threatening to turn into an avalanche. On Sunday night, we witnessed the second largest one day stock market collapse in China ever, and this pushed stocks all over the planet into the red. Meanwhile, the twin blades of an emerging market currency crisis and a commodity price crash are chewing up economies that are dependent on the export of natural resources all over the globe. For a long time, I have been warning about what would happen in the second half of 2015, and now it is here. The following is a summary of the financial carnage that we have seen over the past 24 hours… -On Sunday night, the Shanghai Composite Index plunged 8.5 percent. It was the largest one day stock market crash in China since 2007, and it was the second largest in history. The Chinese government is promising to directly intervene in order to prevent Chinese stocks from going down even more. -Over 1,500 stocks in China fell by their 10 percent daily maximum. This list includes giants such as China Unicom, Bank of Communications and PetroChina. -Ever since peaking in June, the Shanghai Composite Index has dropped by a total of 28 percent. -Even Chinese stocks that are listed on U.S. stock exchanges are being absolutely hammered.
|
|
|
Post by avordvet on Jul 29, 2015 4:40:39 GMT -5
|
|
|
Post by Michael Downing on Jul 31, 2015 20:45:12 GMT -5
ncrenegade.com/editorial/11-red-flag-events-that-just-happened-as-we-enter-the-pivotal-month-of-august-2015/11 Red Flag Events That Just Happened As We Enter The Pivotal Month Of August 2015 Are you ready for what is coming in August? All over America, economic, political and social tensions are building, and the next 30 days could turn out to be pivotal. In July, we saw things start to turn. As you will read about below, a major six year trendline for the S&P 500 was finally broken this month, Chinese stocks crashed, commodities crashed, and debt problems started erupting all over the planet. I fully expect that this next month (August) will be a month of transition as we enter an extremely chaotic time in the fall and winter. Things are unfolding in textbook fashion for another major global financial crisis in the months ahead, and yet most people refuse to see what is happening. In their blind optimism, they want to believe that things will somehow be different this time. Well, the coming months will definitely reveal who was right and who was wrong. The following are 11 red flag events that just happened as we enter the pivotal month of August 2015…
|
|
|
Post by Michael Downing on Aug 2, 2015 20:36:44 GMT -5
ncrenegade.com/editorial/something-just-snapped-container-freight-rates-from-asia-to-europe-crash-23-in-one-week/Something Just Snapped: Container Freight Rates From Asia To Europe Crash 23% In One Week One of the few silver linings surrounding the hard landing Chinese economy in recent weeks has been the surprising strength of the Baltic Dry Index: even as Chinese commodity demand has cratered in 2015, this “index” has more than doubled in the past few months from all time lows, and at last check was hovering just over 1,100. Many were wondering how it was possible that with accelerating deterioration across all Chinese asset classes, not to mention the bursting of various asset bubbles, could global shippers demand increasingly higher freight rates, an indication of either a tight transportation market or a jump in commodity demand, neither of which seemed credible. We may have the answer.
|
|
|
Post by avordvet on Aug 3, 2015 5:04:27 GMT -5
The Tide Has Turned And These Charts Predict The Next StopSubmitted by Tyler Durden on 08/02/2015 11:20 -0400 Be prepared for the now imminent equity valuation reset. It is true the Fed now has the ability to manipulate the market well beyond anything we’ve ever seen before. However, it is also still true that when the bursting bubble achieves full momentum the Fed will be helpless to stop it. While the Fed feels increasingly omnipotent they will once again learn, that while natural laws can be bent, they cannot be broken. www.zerohedge.com/news/2015-08-02/tide-has-turned-and-these-charts-predict-next-stop
|
|
|
Post by Michael Downing on Aug 4, 2015 21:47:48 GMT -5
ncrenegade.com/editorial/8-financial-experts-that-are-warning-that-a-great-financial-crisis-is-imminent/8 Financial Experts That Are Warning That A Great Financial Crisis Is ImminentWill there be a financial collapse in the United States before the end of 2015? An increasing number of respected financial experts are now warning that we are right on the verge of another great economic crisis. Of course that doesn’t mean that it will happen. Experts have been wrong before. But without a doubt, red flags are popping up all over the place and things are lining up in textbook fashion for a new financial crisis. As I write this article, U.S. stocks have declined four days in a row, the Dow is down more than 750 points from the peak of the market in May, and one out of every five U.S. stocks is already in a bear market. I fully expect the next several months to be extremely chaotic, and I am far from alone. The following are 8 financial experts that are warning that a great financial crisis is imminent… #1 During one recent interview, Doug Casey stated that we are heading for “a catastrophe of historic proportions”… “With these stupid governments printing trillions and trillions of new currency units,” says investor Doug Casey, “it’s building up to a catastrophe of historic proportions.” Doug Casey, a wildly successful investor who’s the head of the outfit Casey Research, is predicting doom and gloom for the global economy. “I wouldn’t keep significant capital in banks,” he toldReason magazine Editor-in-Chief Matt Welch. “Most of the banks in the world are bankrupt.”
|
|
|
Post by avordvet on Aug 7, 2015 4:12:45 GMT -5
The Dow Has Already Fallen Nearly 900 Points From The Peak Of The MarketBy Michael Snyder, on August 6th, 2015 In an eerie repeat of what we witnessed in 2008, U.S. stocks are steadily sliding throughout the summer as we head toward the month of September. From August 1st, 2008 to September 1st, 2008 the Dow fell by nearly 700 points. And of course we all remember what happened the following month. Right now, we are watching a similar thing happen. The Dow has plummeted nearly 700 points since July 16th, and it is down nearly 900 points from the peak of the market back in May. At this point the Dow has now fallen for six days in a row and eleven of the last thirteen. Of course most of the talking heads on television are still insisting that everything is going to be just fine and that a repeat of 2008 is not possible. So what do you think? Should we trust them? theeconomiccollapseblog.com/archives/the-dow-has-already-fallen-nearly-900-points-from-the-peak-of-the-market
|
|
|
Post by avordvet on Aug 8, 2015 14:47:10 GMT -5
As we slide into the second half of the year, take the time to 'nudge' your networks, families and friends to be aware of quickly changing circumstances.
Keep working those local, regional, state and national netwoks. Got common UHF/VHF Comms frequencies for local Militia, Patiot Networks?
Got Bug-in plans? Bug-out plans? Caches? Shared and/or remote Caches within your network(s)?
|
|
|
Post by avordvet on Aug 10, 2015 4:13:55 GMT -5
W hen Hindenburg Omens Are OminousSubmitted by Tyler Durden on 08/09/2015 21:20 -0400 In my view, dismal market returns over the coming decade are baked in the cake as a result of extreme overvaluation at present. An improvement in market internals, however, would reduce the immediacy of our downside concerns. While a decision by the Federal Reserve to postpone the first interest rate hike might prompt a shift to more risk-seeking speculation, this outcome is not assured. The key indicator of risk-seeking would still be the behavior of market internals directly, not the words or behavior of the Fed. So we remain focused on market internals. In any event, waiting to normalize monetary policy may defer, but cannot avoid, a market collapse that is already baked in the cake. The Fed has only encouraged the completion of the current market cycle to begin from a more extreme peak. As we saw in 2000-2002 and again in 2007-2009, until and unless investors shift toward risk-seeking, as evidenced by the behavior of market internals, monetary easing may have little effect in slowing down a collapse. www.zerohedge.com/news/2015-08-09/when-hindenburg-omens-are-ominous
|
|
|
Post by avordvet on Aug 10, 2015 14:31:31 GMT -5
Or...
|
|
|
Post by avordvet on Aug 11, 2015 4:51:20 GMT -5
|
|
|
Post by avordvet on Aug 12, 2015 13:52:47 GMT -5
150 Days: Treasury Says Debt Has Been Frozen at $18,112,975,000,000By Terence P. Jeffrey, August 12, 2015, 11:50 AM EDT (CNSNews.com) - The portion of the federal debt that is subject to a legal limit set by Congress closed Monday, August 10, at $18,112,975,000,000, according to the latest Daily Treasury Statement, which was published at 4:00 p.m. on Tuesday. That, according to the Treasury's statements, makes 150 straight days the debt subject to the limit has been frozen at $18,112,975,000,000. $18,112,975,000,000 is about $25 million below the current legal debt limit of $18,113,000,080,959.35. On July 30, Treasury Secretary Jacob Lew sent a letter to the leaders of Congress informing them that he was extending a “debt issuance suspension period” through October 30. cnsnews.com/news/article/terence-p-jeffrey/150-days-treasury-says-debt-has-been-frozen-18112975000000
|
|
|
Post by avordvet on Aug 13, 2015 12:57:18 GMT -5
A Death Cross, Wild Market Swings And A Currency War – And We Haven’t Even Gotten To September YetBy Michael Snyder, on August 12th, 2015 Things continue to line up in textbook fashion for a major financial crisis by the end of 2015. This week, Wall Street has been buzzing about the first “death cross” that we have seen for the Dow since 2011. When the 50-day moving average moves below the 200-day moving average, that is a very important psychological moment for the market. And just like during the run up to the stock market crash of 2008, we are starting to witness lots of wild swings up and down. The Dow was up more than 200 points on Monday, the Dow was down more than 200 points on Tuesday, and it took a nearly 700 point roundtrip on Wednesday. This is exactly the type of behavior that we would expect to see during the weeks or months leading up to a crash. As any good sailor will tell you, when the waters start getting very choppy that is not a good sign. Of course what China is doing is certainly not helping matters. On Wednesday, the Chinese devalued the yuan for a second day in a row, and many believe that a new “currency war” has now begun. So what does all of this mean? Does this mean that the time of financial “shaking” has now arrived? theeconomiccollapseblog.com/archives/a-death-cross-wild-market-swings-and-a-currency-war-and-we-havent-even-gotten-to-september-yet
|
|
|
Post by avordvet on Aug 14, 2015 11:26:50 GMT -5
This Alarming Indicator Is Back At A Level Last Seen 10 Days Before The Bear Stearns CollapseSubmitted by Tyler Durden on 08/14/2015 10:31 -0400 It turns out there is an even more acute, and far more concerning divergence, which was conveniently pointed out overnight by Bank of America's Yuriy Shchuchinov, one which again looks at the spread between credit and equity. Specifically, BofA notes that in just the past two weeks, credit spreads from our HG corporate bond index have widened another 9bps to 164bps while equity volatility is down another percentage point (although technically BofA uses the 3rd VIX futures as its measure of equity volatility rather than VIX itself to get a smoother series that is less affected by the daily noises and seasonalities). This is how the resulting dramatic divergence looks like: www.zerohedge.com/news/2015-08-14/alarming-indicator-back-level-last-seen-10-days-bear-stearns-collapse
|
|
|
Post by Michael Downing on Aug 15, 2015 20:53:07 GMT -5
Tick, tock... ncrenegade.com/editorial/the-crisis-is-spreading-china-australia-brazil-canada-sweden/The Crisis Is Spreading: China, Australia, Brazil, Canada, Sweden… We’ve written before that governments all around the world have borrowed too much money and the weight of these debts are choking economic growth. And to make matters worse – these very same governments and their central banks have implemented various plans that have only made matters worse. Our view has not changed – the global debt crisis has escalated to a point where the government bond bubble has inflated itself to become the mother of all bubbles. It’s going to burst, and when it does it wont be pretty. Further evidence to support our view is as follows: Canada – the collapse in oil and commodity markets has pushed the country into recession and the Canadian Dollar to decline to levels lower than that reached during the 2008 crisis. … Australia – Over the last 20 years, China has been viewed as the growth engine of the world, and justifiably so. With annual growth rates between 8% to 15%, China’s economy was literally eating every rock, stalk and barrel of practically every commodity in the world. … Brazil – Like Australia, Brazil has benefitted immensely from China’s growth. And now, also like Australia, it too is feeling the affects of the dramatic Chinese slowdown. … Sweden – Unlike Australia and Brazil, Sweden relies very little on China as a buyer of last resort. Yet, the Swedish economy is also not very hot these days. In fact, instead of spectacular and dramatic declines in anything, it is doing the exact opposite – it just isn’t moving. … China, Australia, Brazil, Canada, Sweden – it is beyond us how anyone can declare the crisis isn’t spreading. Be prepared – there are going to be lots of opportunities to both make and lose money. But first, you have to recognize what is happening.
|
|
|
Post by avordvet on Aug 16, 2015 19:45:27 GMT -5
Doomsday clock for global market crash strikes one minute to midnight as central banks lose controlChina currency devaluation signals endgame leaving equity markets free to collapse under the weight of impossible expectationsBy John Ficenec, 8:00PM BST 16 Aug 2015 When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal. Time is now rapidly running out. From China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations. The FTSE 100 has now erased its gains for the year, but there are signs things could get a whole lot worse. www.telegraph.co.uk/finance/11805523/Doomsday-clock-for-global-market-crash-strikes-one-minute-to-midnight-as-central-banks-lose-control.html
|
|
|
Post by avordvet on Aug 17, 2015 4:24:44 GMT -5
American Malls In Meltdown - The Economic Recovery Is Complete & Utter FraudSubmitted by Tyler Durden on 08/16/2015 16:15 -0400 What is revealed when you look under the hood of this economic recovery is that it is a complete and utter fraud. The recovery is nothing but smoke and mirrors, buoyed by subprime auto debt, really subprime student loan debt, corporate stock buybacks, and Fed financed bubbles in stocks, real estate, and bonds. The four retailers listed above are nothing but zombies, kept alive by the Fed’s ZIRP and QE, as they stumble towards their ultimate deaths. The coming recession will be the knife through their skulls, putting them out of their misery. www.zerohedge.com/news/2015-08-16/american-malls-meltdown-economic-recovery-complete-utter-fraud
|
|
|
Post by avordvet on Aug 17, 2015 14:10:14 GMT -5
The great unwind has begunWolf Richter, Aug. 10, 2015, 6:03 PM The Fed hasn’t even raised interest rates yet, and the largest credit bubble in history continues to inflate. But it has begun to hiss hot air at the margins where the riskiest junk bonds, rated CCC or below, have plunged in value and where average yields have soared from a ludicrous low of 8% a year ago to over 13% now. That rout is far from over. No matter how terrible and obvious the risks, fund managers, driven to near insanity by the Fed’s zero-interest-rate policy, held their noses and closed their eyes and picked up the worst junk, thus continuing to fund over-leveraged, money-losing, cash-flow negative companies that should have been restructured or liquidated years ago. www.businessinsider.com/the-great-unwind-has-begun-2015-8
|
|
|
Post by avordvet on Aug 18, 2015 14:45:36 GMT -5
The Crescendo grows... Telegraph's Ficenec: 'Only Matter of Time Before Stock Markets Collapse'
By Dan Weil, Monday, 17 Aug 2015 11:58 AM Global central bank easing has run amuck, and the results won't be pretty, says London Daily Telegraph columnist John Ficenec. "From China to Brazil, the central banks have lost control, and at the same time the global economy is grinding to a halt," he writes. "It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations," he warns. "Time is now rapidly running out." He claims that the central banks are rapidly losing control. www.newsmax.com/Finance/StreetTalk/doomsday-clock-stock-market-crash-central-banks/2015/08/17/id/670466/
|
|
|
Post by Michael Downing on Aug 18, 2015 15:00:20 GMT -5
|
|
|
Post by avordvet on Aug 20, 2015 4:44:06 GMT -5
Economic Crisis Goes Mainstream - What Happens Next?Submitted by Tyler Durden on 08/19/2015 23:00 -0400 Submitted by Brandon Smith via Alt-Market.com, Last year, when alternative economic analysts were warning that the commodities crush and oil crash just after the taper of QE3 were blaring signals for a downshift in all other financial indicators, the general response in the mainstream was that we were overreacting and paranoid and that the commodities jolt was temporary. Perhaps the fact needs repeating that it’s not paranoia if they are really out to get you. www.zerohedge.com/news/2015-08-19/economic-crisis-goes-mainstream-what-happens-next
|
|
|
Post by Michael Downing on Aug 23, 2015 15:25:55 GMT -5
ncrenegade.com/editorial/global-trade-in-freefall-container-freight-rates-from-asia-to-europe-crash-60-in-three-weeks/ Global Trade In Freefall: Container Freight Rates From Asia To Europe Crash 60% In Three WeeksThree weeks ago, when we last looked at the collapse in trade along what may be the most trafficked route involving China, i.e., from Asia to Northern Europe, we noted that while that particular shipping freight rate Europe had crashed some 23% on just one week, there was some good news: at least the Baltic Dry index was still inexplicably rising, and at last check it was hovering just above 1,100. That is no longer the case, and just as with everything else in recent months, the Baltic Dry dead cat bounce is now over, with the BDIY topping out just above 1200 on August 4, and now back in triple digit territory, rapidly sliding back to the reality of recent record lows which a few months ago we suggested hinted that much more is wrong with global trade, and the global economy, than artificially manipulated stock markets would admit.
|
|
|
Post by Michael Downing on Aug 23, 2015 15:32:30 GMT -5
ncrenegade.com/editorial/this-is-not-a-correction-its-the-beginning-of-the-global-bubble-unwind/This Is Not A ‘Correction’……..It’s The Beginning Of The Global Bubble UnwindI really fear for the unwind of the “global government finance Bubble” – the grand finale of a multi-decade period of serial Bubbles. It’s history’s first systemic global Bubble, encompassing the world’s Credit systems, securities markets and monetary systems more generally. Excesses have engulfed the heart of “money” and Credit throughout both the “developing” and “developed” world. Central banks (of all stripes) have printed Trillions of “money” and Trillions more have been created in the process of leveraging securities and other assets. This type of monetary inflation invariably incentivizes destabilizing speculation, fraud, malfeasance and wealth redistribution. It’s fomented a geopolitical tinderbox. I allow my mind to imagine the type and poor quality of assets on (bloated) Chinese, Brazilian, Russian, Asian and EM bank balance sheets – yet it’s surely a lot worse. I ponder how desperate governments will use their state directed lenders to stimulate and obfuscate – and then I contemplate the scope of future government bailouts. On a global basis, I believe there is today more speculative leverage in global currencies and securities markets than ever – and I fear my bearish imagination might only scratch the surface. There have been too many years of financial manipulation, innovation, experimentation and exploitation – on an unprecedented globalized scale. To be sure, the past three years of global do “whatever it takes” central banking exacerbated “Terminal Phase” excess virtually everywhere. Central bank mores, practices and principles – tested and trusted over generations – were handily discarded in favor of New Age experimental monetary inflation. Speculative markets reveled accordingly.
|
|