Martin Armstrong of Armstrong Economics has correctly predicted many trends (especially economic and political ones) since at least the 1980s. (FWIW he also expects a pole shift like I have written about.) In a recent letter to President Trump he warns: And allegedly, in a private blog: “The Seriousness We Face THURSDAY, 02 APRIL 2020 … Continue reading
Charles Hugh Smith suggests: the world would benefit from a profoundly shattering economic depression “Does anyone really think The Everything Bubble can just keep inflating forever? What do I mean by a profoundly shattering recession? I mean, a systemic, crushing recession that can’t be reversed with central bank magic, a recession that only deepens with … Continue reading
In a normal, healthy, functional economy, banks operate to make money – profit – interest – by loaning to home borrowers. In today’s brink of Great Depression II Bizarro world of government mandated financial shenanigans, banks have been pressured to offer negative interest rate mortgages to keep the party going. Some people suggest there is … Continue reading
“When traditionally stable institutions like Deutsche Bank find themselves in trouble, it’s a signal that the world’s financial system will face big problems down the road, legendary investor Jim Rogers has told RT. On Monday, [July 8, 2019] the German multinational investment bank –and the world’s 15th largest bank by total assets– started cutting thousands … Continue reading
President Trump’s most important campaign pledge was to “drain the swamp” of corrupt criminal politicians, and many of us have wondered “What’s taking so long?” while we keep hearing rumors that steps are being taken to do it. If thousands of politicians, mostly Democrats, are arrested and tried for treason and other crimes, half of … Continue reading
I have argued for years that the path to WWIII will go through economic collapse, supply chain collapse, shortages, social unrest, disruption of news, civil wars, then regional wars, then clashes between civilizations as Islamic, Western, Russia, and Chinese armies begin to fight… From FullSpectrumSurvival: This Is How The Next World War Will Start “How … Continue reading
“It is all about taking money from us and transferring it into government pockets. And then, taking money from government pockets, and transferring it into the hands of the elite. It’s a game that’s been going on for generations and its time for the humanity to say that ‘enough is enough’.” -Epic Economist “We’re seeing a … Continue reading
As ignorant American youth worships at the feet of socialists like Bernie Sanders and communist idiots like Alexandria Ocasio-Cortez are promoted as serious candidates after “winning” an uncontested primary (the incumbent retired and no one else ran but her) – countries where socialism has been implemented continue to collapse. I amuse myself imagining a college … Continue reading
At Zerohedge.com a recent article: Buffett’s Favorite Indicator Exposes A Stock Market More Primed For A Crash Than Ever Before suggests that: “Warren Buffett’s favorite indicator is telling us that stocks are more overvalued right now than they have ever been before in American history.” Zerohedge started with excerpts from this article at TheEconomicCollapseblog.com “Warren … Continue reading
Rickards: Here’s Where the Next Crisis Starts Jim Rickards warned at The Daily Reckoning: “So many credit crises are brewing, it’s hard to keep track without a scorecard. The mother of all credit crises is coming to China with over a quarter-trillion dollars owed by insolvent banks and state-owned enterprises, not to mention off-the-books liabilities … Continue reading
from the original article I found at Zerohedge.com: https://www.zerohedge.com/news/2018-07-16/mauldin-warns-debt-train-will-crash “Train Wreck series. I’ve spent several weeks explaining why I think excessive debt is dragging the world economy toward an epic crash. The tracks ahead are clear for now but will not remain so. The end probably won’t be pretty.” “…World debt grew something like 13% … Continue reading
From rt.com: Next bear market will be ‘worst in our lifetime’ – Jim Rogers “This week’s dramatic stock market sell-off has raised concerns of an impending bear market, which, according to legendary investor Jim Rogers, will be more catastrophic than any other market downturn that he has lived through. “When we have a bear market … Continue reading
So the stock market (the Dow Jones Industrial Average, anyway) fell over a thousand points yesterday. Again. Does it mean that economic collapse is imminent? I have said many times in my prophecy books that such a financial meltdown would be a necessary prelude to social unrest, civil wars, WWIII, and all the other horrible … Continue reading
Carl Icahn warns: “There’s going to be a bigger problem than 2009 and 1929, eventually. A major storm is coming.” Reflecting on the market’s moves recently, Icahn shocked the anchors by saying: “This is something we’ve never seen before… I don’t remember ever seeing a market with this kind of volatility over two weeks.” “The … Continue reading
I found this article on the likely future economic collapse at Zerohedge.com here: “Via Greg Hunter’s USA Watchdog blog, Two time, best-selling author Nomi Prins says central bankers have no idea how to stop the easy money policies that they started after the financial meltdown of 2008. All the banks are connected. Money flows … Continue reading
from this article at beforeitsnews.com: Dr. Jim Willie: America’s Truth Will Shock You – Billions Shorting Market To Prep For Apocalypse (Video) Rogue economist Jim Willie suggests that all big banks are insolvent, crisis and collapse are imminent, as is the US Dollar’s loss of global reserve status, all of which would quickly lead to … Continue reading
As Zerohedge.com titled its article on this: Markets Charge But “The Nation As A Whole Is Getting F**ked Sideways” Authored by James Howard Kunstler via Kunstler.com, “It amuses me that the nation is so caught up in the sexual mischief of a single Hollywood producer when the nation as a whole is getting fucked sideways … Continue reading
Deutsche Bank Warns: “We’re in a period of very elevated global asset prices – possibly the most elevated in aggregate through history.“ For many years I have warned in my end times prophecy books that before WWIII or the Great Tribulation there will be the social meltdown caused by horrific economic collapse. We are being … Continue reading
from Marc Slavo’s article at SHTFplan.com – http://www.shtfplan.com/headline-news/watch-theres-an-effort-underway-to-tear-up-the-constitution-as-the-economy-nears-collapse_07252017 “When it comes to state of our economy and the corruption of our government, most of us are on the outside looking in. We see the results of our government’s collusion with corporations and banks, but we don’t really know what goes on behind closed doors and … Continue reading
from the economicollapseblog article by Michael Snyder: A Mystery Investor Has Made A 262 Million Dollar Bet That The Stock Market Will Crash By October “One mystery trader has made an extremely large bet that the stock market is going to crash by October, and if he is right he could potentially make up to … Continue reading