“The velocity of money is at a level lower than that during the Great Depression.”
The doom-loop that threatens to wipe out the global economy; cashless society coming
2/12/16 – NIRP (Negative Interest Rate Policy) is taking down bank after bank and the Fed’s Janet Yellen made the statement yesterday that they are considering implementing the policy here in the U.S. They’ve already revealed a stress test with U.S. banks. Continue reading “NIRP: You better learn what this means quick”
“I think this is a very odd question…you should be able to see it”
2/9/16 – In a riveting TruNews interview, Bill Holter, trend economist and joint partner in Jim Sinclair’s Mineset, explained the terrifying market trends around the globe and how it impacts financial planning through 2016 and beyond. When host Rick Wiles asked Mr. Holter when the crash Continue reading “Bill Holter: When will the system collapse? “You’re watching it””
Could lead to further weakness in oil prices, recession and a serious equity bear market, strategists warn
2/5/16 – (CNBC) “The world appears to be trapped in a circular reference death spiral,” Citi strategists led by Jonathan Stubbs said in a report on Thursday. Continue reading “Citi: Wold economy seems trapped in a ‘death spiral’”
RBS was right. Most of the hit will be during the next year
Mr. Obama, the economy is NOT doing well…anywhere!
1/15/16 – The news is not getting any better for the economy. Today the DOW plunged another 391 points wracking up a 1,437 point drop just in the first two weeks of the year. The S&P lost 2.3%, and NASDAQ lost 2.7% to the lowest level since October 2014.
RBS just announced emergency advice Continue reading “Economic crisis is global; reaching critical mass”
“The fundamental situation for oil markets is much worse than previously thought,” Barclays
1/12/16 – Oil plummeted below $30 a barrel on Tuesday for the first time since December 2003. The latest wave of selling leaves crude oil down 19% this year alone. It represents an incredible 72% plunge from crude oil’s June 2014 peak of almost $108. Continue reading “Oil slides below $30; down 19% this year alone”