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
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
“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
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
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
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
“Equity market volatility therefore now appears to be decorrelated from [uncertainty]… combined with high valuations on some equity markets, especially in the US… and extremely low spreads on the bond markets, raises questions as to whether the risks affecting the financial markets are being underestimated, which may lead to a brutal repricing of assets.” That’s … Continue reading
Economic Collapse is always “fixed” by WAR, just as described in the end times prophecies I write books about… In Michael Snyder’s recent article at theeconomiccollapse blog HERE: If everything is going to be “just fine”, why are so many big names in the financial community warning about an imminent meltdown? I don’t think that … Continue reading
“Western Civilization is Going to Collapse” And if Rogers is right (like he usually is, which is why he’s a billionaire) do you really believe there won’t be social unrest and WAR? As European economies collapse, the Middle East goes from bad to worse, and the most powerful Islamic dictatorships still standing (Turkey and Iran) … Continue reading
In the X22 Report video below, the narrator reviews lots of corporate bankruptcies… the overpriced housing industry, the overpriced stock market, and many other worrisome economic indicators. But things have gotten worse since then. You may not see it in your everyday life, but: “ADP employment surges despite Challenger reporting a 71% jump in job … Continue reading
From the Zerohedge article found HERE “During the ‘90s tech bubble, conventional valuation metrics went out the window. Back then, Wall Street didn’t care how much money these ‘tech’ companies (i.e. websites) were making. They only cared about “eyeballs”, i.e. how many visitors was a website getting? If the site traffic was substantial, the company … Continue reading
From the full original article by Marc Slavo at SHTFplan.com here “You know what’s so tragic about America? Despite all of the wars our nation gets involved in, we’re secretly one of the most peaceful cultures on the planet. We voted for George Bush, because he promised us a non-interventionist foreign policy. We voted for … Continue reading
“If you’ve ever read any of Nassim Nicholas Taleb’s work (which should be a requisite for anyone in business) you’ll know one of his often used analogies to explain the psychology of many prior to a Black Swan event is the turkey, and its view of the world up and until Thanksgiving. A brief description … Continue reading
If the economy collapses soon – and collapse is overdue, with the massive socialist debt America and the world has accumulated by abusing the ability to print and digitize unbacked paper currency infinitely – it won’t be the fault of anyone who just stepped into office. It would be the fault of Manchurian Candidates like … Continue reading
Jim Rogers explains why massive debts and the greedy currency manipulation by central banks and our Federal Reserve will inevitably lead to systemic collapse. The reaction before the crash is low interest rates as a financial stimulus to borrow and spend. But once faith in the currency and the government begins to unfold, the collapse … Continue reading
Deutsche Bank’s “CEO, John Cryan, warned in a guest commentary ahead of the Handelsblatt Banking Summit titled, appropriately enough “Banks in Upheaval”, to be held in Frankfurt on August 31 and September 1, that “monetary policy is now running counter to the aims of strengthening the economy.” full original article at http://www.zerohedge.com/news/2016-08-24/deutsche-bank-ceo-warns-fatal-consequences-savers He was also … Continue reading