Author Topic: The Economy is Going to Implode  (Read 123736 times)

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Online Libertas

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Re: The Economy is Going to Implode
« Reply #60 on: June 12, 2013, 07:21:01 AM »
I'm waiting for the giant sucking sound...

http://www.zerohedge.com/news/2013-06-11/santelli-how-feds-taper-david-becomes-global-deleveraging-goliath

Mutually assured economic destruction...it's the bomb!

These asshats are all boxed in, the end ain't gonna be pretty and it is not going to exempt anyone.

Brace for it.

Nervous markets...they ain't seen nervous...yet!

http://www.reuters.com/article/2013/06/13/us-markets-global-idUSBRE88901C20130613

Breathlessly awaiting the Fed...

 ::facepalm::

Enjoy the impact.

FYI - Slew of bullsh*t numbers coming out today...perfect lead in for Friday's tone...

Date Time  Release Impact For Actual Expected Prior 
Jun 13 8:30 AM  Initial Claims  06/08 - 345K 346K 
Jun 13 8:30 AM  Continuing Claims  06/01 - 2973K 2952K 
Jun 13 8:30 AM  Retail Sales  May - 0.3% 0.1% 
Jun 13 8:30 AM  Retail Sales ex-auto  May - 0.3% -0.2% 
Jun 13 8:30 AM  Export Prices ex-ag.  May - NA -0.5% 
Jun 13 8:30 AM  Import Prices ex-oil  May - NA -0.2% 
Jun 13 10:00 AM  Business Inventories  Apr - 0.2% 0.0% 
Jun 13 10:30 AM  Natural Gas Inventories  06/08 - NA 111 bcf 
http://finviz.com/
« Last Edit: June 13, 2013, 07:20:50 AM by Libertas »
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Online Libertas

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Re: The Economy is Going to Implode
« Reply #61 on: June 26, 2013, 07:27:44 AM »
If these stats are even close to right...the zombie apocalypse could be close at hand...and the impact could be more depserate from the get-go than we think.

http://www.zerohedge.com/node/475692

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Offline Weisshaupt

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Re: The Economy is Going to Implode
« Reply #62 on: June 26, 2013, 07:48:00 AM »
If these stats are even close to right...the zombie apocalypse could be close at hand...and the impact could be more depserate from the get-go than we think.

http://www.zerohedge.com/node/475692



Yeah, that house of cards definitely is wavering back and forth. Home mortgage  Interest rates shot up-- and that s a biggie.  If the capital can't go into real estate its going to form a bubble somewhere else.  Should be gold, but won't be.  Of course this could be a timed failure to cover the final leg of Obama's take over - immigration and the take over of the energy sector via carbon  regulation.  After the collapse any liberal that complains it getting a good punch in the face- and an exclamation - "You voted for this you fascistic narcissistic thieving ahole."

 

Online Libertas

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Re: The Economy is Going to Implode
« Reply #63 on: June 26, 2013, 11:34:25 AM »
If these stats are even close to right...the zombie apocalypse could be close at hand...and the impact could be more depserate from the get-go than we think.

http://www.zerohedge.com/node/475692



Yeah, that house of cards definitely is wavering back and forth. Home mortgage  Interest rates shot up-- and that s a biggie.  If the capital can't go into real estate its going to form a bubble somewhere else.  Should be gold, but won't be.  Of course this could be a timed failure to cover the final leg of Obama's take over - immigration and the take over of the energy sector via carbon  regulation.  After the collapse any liberal that complains it getting a good punch in the face- and an exclamation - "You voted for this you fascistic narcissistic thieving ahole."

 

Or hold their faces in a puddle till the bubbles stop...
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Online Libertas

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Re: The Economy is Going to Implode
« Reply #64 on: July 11, 2013, 07:26:12 AM »
Today could be a good indicator if the puppetmasters are still in control or if its the Rise of the Puppets...

10yr yields break higher and perhpas the Fed is losing its voodoo...10yr breaks higher and gold busts over $1300 they are in trouble...if 10yr, gold & crude (closer to $110) and it could be ankle-grabbing time...

And there is the slew of bullsh*t numbers to contend with too...the realist in me sees an opportunity for the PTBs to manufacture just enough noise to fool the puppets and keep the kabuki going a bit longer...

What a sorry-assed world we live in...Neo-Keynesians and their crony-capitalist butt-buddies are ensuring when the bow breaks the baby is sure to be vaporized...
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Offline Weisshaupt

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Re: The Economy is Going to Implode
« Reply #65 on: July 11, 2013, 08:33:56 AM »
What a sorry-assed world we live in...Neo-Keynesians and their crony-capitalist butt-buddies are ensuring when the bow breaks the baby is sure to be vaporized...

This is going to keep going as long as they can make it last, and I fear that is going to be quite some time.  The Collapse depends upon the sheep figuring out what is up and heading for the exit.  And the Sheep's capacity for denial and normalcy bias is simply staggering.  No one wants it to end, so if we just ignore the elephant everything will be fine.  But the elephant has already crushed the buffet table, spilled the punch bowl and crapped on the dance floor. Band is still playing though, so everything is fine. If it wasn't the band would have stopped playing. Right?

Using the reserve status we have pushed our inflation to the rest of the world first, and they have responded by using the dollar less and less. They are even arguing over who gets to cuddle up with China to provide Yuan exchanges in Europe.  There is a slow but very steady migration from the dollar to the Yuan, but since the US is still a huge chunk of China's trading,  the whole thing is still interconnected.  The inflation and resulting recession in China  can be seen clearly[ulr=http://politicalcalculations.blogspot.com/2013/07/china-back-in-recession-us-economy.html#.Ud6wB_m1FCY] looking at China/US trading data . [/url]

Because no one (important to the sheep) is willing to stand up and call shenanigans, so the sheep will not panic. No panic and no sudden collapse.  The longer, slower, more painful and far more devastating  collapse by stopping the Engine of the World   is preferred.  It gives us more time to prep. It gives them more time to try and get the police state firmly entrenched. I am thinking it may be as long as 5 more years, though the probably that a black swan event ( civil war caused by the encroachment of the police State or a simple race war)  goes up the worse things get.  This summer is still in the Cards IMO as well.  The Fed can't loose its voodoo. Their cronies will be given the money to buy the issues.  They will expend every effort to make that auction  look legit to the very, bitter, bitter, end. They have the tools required to keep that kabuki performance well lit and with the illusion of participation  for years to come- even if there isn't a single real investor watching it any more. .  Meanwhile ZIRP depletes everyone's savings, and the muppets put money into ever riskier investments just to try and tread water over inflation. And Obama keeps coming at us with more energy regs, more rights violations, more govt targeting and murder, the pardoning and govt  subsidization of criminal, and voter fraud . At some point, I think something just breaks. Wish I could tell you what,and I fear that it may be nothing. That somehow this decline into abject poverty is peaceful and controlled and in the end we look like the USSR or Cuba. There are still people talking about elections like they matter. Voter fraud was in clear evidence.  Glad  they were all arrested for it.. . LOL.

« Last Edit: July 11, 2013, 08:48:18 AM by Weisshaupt »

Online Libertas

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Re: The Economy is Going to Implode
« Reply #66 on: July 11, 2013, 11:21:14 AM »
It is hard to tell what theater is going to catch fire first...then race to the bottom will only see the biggest loser set all the other losers on fire...the the inevitable traffic jam at the exits mean in practicality there is no exit...then we get to have a personal reminder of what the stoneage was like...
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Online Libertas

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Re: The Economy is Going to Implode
« Reply #67 on: July 11, 2013, 11:34:15 AM »




H/T - ZeroHedge
http://www.zerohedge.com/news/2013-07-11/what-every-student-america-needs-know-about-federal-reserve

"Where's my X-wing fighter, damnit?!  I got a DebtStar to obliterate!"
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Online Libertas

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Re: The Economy is Going to Implode
« Reply #68 on: July 15, 2013, 07:55:40 AM »
Retail sales in the pooper...makes sense though, all I have been buying "retail" is ammo...

http://www.zerohedge.com/node/476410
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Offline Weisshaupt

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Re: The Economy is Going to Implode
« Reply #69 on: July 21, 2013, 11:04:17 AM »

Offline Glock32

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Re: The Economy is Going to Implode
« Reply #70 on: July 21, 2013, 12:12:21 PM »
Wait. I thought the US economy was recovering. It's not?

/sarc
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Offline Weisshaupt

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Re: The Economy is Going to Implode
« Reply #71 on: July 22, 2013, 07:24:07 AM »
When out to look at the "Debt to  the Penny " Treasury website to see if we are still tracking NO spending.. and the website ( and in fact the entire treasury website)  appears to be off the air.. www.treasurydirect.gov

Can anyone else confirm? Or is this specific to me somehow?

UPDATE: Nope its just me  and Verizon. Alternate Internet didn't have the problem..

Online Libertas

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Re: The Economy is Going to Implode
« Reply #72 on: July 22, 2013, 07:35:45 AM »
Seems to be up.

And this never stops running - http://www.usdebtclock.org/

I bet Ben has that one on his desktop...likes all the pretty numbers growing larger and larger...
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Offline Weisshaupt

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Re: The Economy is Going to Implode
« Reply #73 on: July 22, 2013, 07:54:10 AM »

I bet Ben has that one on his desktop...likes all the pretty numbers growing larger and larger...

Nope, the numbers aren't growing at all according to Ben and the Treasury.



Inter government debt doesn't grow- because SS is now paying out more than it takes in.  You can plainly see where "extraordinary measures" went into effect.  These include payouts from Fannie Mae and simply theft from the pension funds of government employees.

the reported debt is 16,738,168,990,385.79- held close to the vales determined by the "suspension of the debt ceiling"  which was really just a deal to raise the debt ceiling by however much it went up during the suspension. See the GOP didn't cave. They just said spend and much as you want though May 18th.  As if we needed more proof of whose side the GOP is on .  

"Its not fascism- because we don't call it that." - Gerald Broflovski

« Last Edit: July 22, 2013, 10:13:16 AM by Weisshaupt »

Online Libertas

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Re: The Economy is Going to Implode
« Reply #74 on: July 22, 2013, 08:36:21 AM »
So, we are back to technically being over the statutory debt limit and commiting pension liabilty fraud that usually lands private sector managers in Federal Pound-it-in-the-ass prisons.

Fascism?!  No?!?!

/

Yeah, business as usual...and the opposition party is opposition in name only.

Please God, send the asteroid to DC now!!!
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Online Libertas

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Re: The Economy is Going to Implode
« Reply #75 on: July 23, 2013, 07:20:46 AM »
Oil, higher and going to remain high seems to be in the offing.

On a more troubling note is the SEC wanting to do something about shoring up the REPO market...good luck with that!

http://www.zerohedge.com/news/2013-07-22/sec-warns-prepare-repo-defaults

Backing paper up with more paper (which may be claimed by more than one party - "rehypothication")...whattatheygonnado?  Make them a collateral offer they cannot refuse?  What's that gonna be?  Procedures?  Bwuuuhaahaa!  They're killin' me!  Does a crow need a procedure to feast on carion?

Derivative implosion could suck what remaining life there may be in more mainstream investments and...well, it doesn't matter...if the rupture is severe enough ain't nothin' gonna stop global financial meltdown...people and nations will be set to killin' each other in no time...
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Online Libertas

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Re: The Economy is Going to Implode
« Reply #76 on: July 23, 2013, 07:33:19 AM »
This is hilarious...Stymie's numbers tanking mostly due to horseshyt Obamaconemy...but McClatchy paper citing it's own McClatchy-Marist poll has to couch it so that it is clear the GOP and Congress still rank lower!

http://www.mcclatchydc.com/2013/07/22/197361/poll-obamas-job-approval-plunges.html

Not to defend or apologize for the GOP or Congress...but saying Stymie stinks less than they is not the same as saying he don't stink at all!

 ::hysterical::
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Online Libertas

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Re: The Economy is Going to Implode
« Reply #77 on: July 29, 2013, 08:00:02 AM »
In shocking news...the BEA is set to restate GDP going back to 1929...

http://www.zerohedge.com/news/2013-07-29/government-revises-84-years-economic-history-week

OK, maybe not so shocking...Neo-Keynsian statists have been re-writing and revising on a monthly and yearly basis...sometimes your low-life scumbag has to go back a bit further in order to sprinkle of little more candy on top of that big steaming turd.
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Online Libertas

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Re: The Economy is Going to Implode
« Reply #78 on: August 14, 2013, 07:03:00 AM »
More Hindenberg sightings...

http://www.zerohedge.com/news/2013-08-13/hindenburg-omen-strikes-again-biggest-cluster-record

Ends the phoney tappering talk, Helicopter Ben will to tape down the Ctrl-P keys again.

Hope there is still some physical PMs to get so I can lose it in a boating accident!

Jeez - Up to 6 sightings now...oh the humanity!

http://www.zerohedge.com/news/2013-08-14/6th-hindenburg-omen-8-days-sends-stocks-slumping

Sometimes hot air is let loose slowly...other times...

 ::exitstageleft::
« Last Edit: August 14, 2013, 12:28:40 PM by Libertas »
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Online Libertas

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Re: The Economy is Going to Implode
« Reply #79 on: August 19, 2013, 07:22:54 AM »
The past couple weeks all eyes have been on 10YR Treasury yields...this article is about that and about chaos engulfing the Fed...it could be that there is some real differences in opinions as to what they should be doing...but they are all arguing over the wrong choices and in the end perhaps karma will have its say.

http://www.zerohedge.com/news/2013-08-19/10-year-bond-shakedown-continues-rate-hits-2873

And FWIW I think Obama's gonna make Yellin the new FedHead...she's a woman (I hear she is straight) and she favors pump priming...and Obama wants the easy money train to continue.  Sooner or later though the stuff is gonna hit the fan, I just as well would like to have done with it!
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