Topic: The Economy is Going to Implode

[Libertas]

“I think so. But you know, these numbers, they don’t portend very well,” Subramaniam said in response to Cramer’s question about whether the economy is “going into a worldwide recession.”

https://www.zerohedge.com/markets/fedex-plunges-2-year-lows-after-withdrawing-earnings-guidance

"Facts are stubborn things" - John Adams

And most importantly, remember -



It is being systematically being murdered by totalitarian scum!

[Libertas]

Another 75bps not going to be enough...as long as politicians are allowed to spend like crackheads and as long as rogue administrations squander trillions its all just piss in a hurricane...

https://twitter.com/i/status/1572474113343778817

Big stupid clown-ass world...

[Libertas]

H/T-CTH

Just more proof corrupt third-world electoral shennanigans have consequences...this just might be one of the more common variety...the lethality of totalitarianism running amok renders it so...

Still, an educational chart regardless...

Also, bonds are puking...

Pretty much everything looks one version of vile or another...over time energy & utilities look better...but too much volatility to find any safe havens...

Though Au & Ag are coming down, so there is those buying opportunities for something that will never not be valuable...

[Libertas]

https://www.zerohedge.com/markets/more-bad-news-weimar-or-venezuela

I'll take option F...

[Libertas]

Ian fallout, insurance/repairs...logistics...quite a while...

Just remember...

H/T-WRSA@GAB

Just say no to debt.

[Libertas]

https://www.zerohedge.com/economics/chicago-pmi-plunges-contraction-weakest-june-2020

Usually a pretty good indicator.

https://www.zerohedge.com/markets/great-reset-bond-yield-dollar-feedback-loop

Foreign holders IMO more than anything have any nations fate in their hands...usually the globalist script is to hang together no matter what...but things are starting to strain typical dance partners, nothing is a given any more, though I expect in the short-term to mutually-assured-destruction pact will hold a bit...a bunch of hungry freezing people in areas not typically prone to hardship could start snapping everything in Dornbusch's latter quote  style...

In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could. – Rudiger Dornbusch

And...there is always the sully underbrush of high finance and its corrosive impacts that skew things and make any normalcy near impossible...here's one good example...an example when folks fought back against the evil...

https://www.zerohedge.com/markets/short-seller-hindenburg-research-turned-tables-espionage-operation-targeting-nikola

Bad people make the world far more dangerous and destructive than it should be...

Well, The Great Reckoning will sort out everything...

[Libertas]

https://www.zerohedge.com/markets/un-demands-all-central-banks-stop-rate-hikes-and-switch-price-controls-instead

 

Stinking Marxists always like using inflation to put the yoke of collectivist slavery on the masses...but when it goes too far and threatens to upset the herd (and collectivist leadership) they always pull out the price-control card!  control price, reduce supply, people have to get used to less...and some jobs will be lost, but not all...but the slave-labor pool of the future keeps growing...

Ha!

Well, till the impact of the real supply chain issues out there come home to roost, at the same time as the impacts of less energy hit...

The collectivist leaders day of reckoning is probably unavoidable no matter the idiots do...

[Libertas]

Strangling your domestic energy industry and making yourself the bitch of NATO at a time when your post-plandemic despotism already crippled economic life and you decide to start global conflict and sanction yourself into more economic suicide while the treasury printing presses hum endlessly and now the worlds less idiotic baron's and turning the vise on your balls shoot prices higher...

https://www.zerohedge.com/geopolitical/opecs-counterattack

https://www.zerohedge.com/commodities/white-house-panics-prices-rebound-mulls-gasoline-export-ban-blasts-opec-hostile-acts

Great plan...

If your plan is not only to kill your nation, but several nations...and perhaps the entire planet...

 

[Libertas]

https://www.zerohedge.com/markets/booya-behold-inverse-cramer-etf-has-finally-arrived

Caution - before plowing your life saving into it...just know that Cramer is also insane enough to throw the kitchen sink as a recommendation now...with the aim of torpedoing the fund designed to profit from his errors...

Could be just another vehicle TPTB's use to fleece an increasingly skittish and battered sheeple...

[Libertas]

Got shipping issues down South...

https://www.zerohedge.com/markets/barges-grounded-near-historic-low-water-halt-mississippi-river-traffic

...holding up shipments from up North.

 US Army Corps of Engineers, eh...they make things better or worse?   

[Libertas]

As for this...

https://www.zerohedge.com/markets/peter-schiff-massive-fiscal-time-bomb

...strap in...this is going to hurt...

...just remember all the "who's" behind it...for sporting purposes, naturally...

[Libertas]

“When the central bank steps on the brakes, something goes through the windshield. The cost of financing has gone up and it will create tension in the system."
https://www.zerohedge.com/markets/funding-panic-imminent-fed-quietly-sends-31-billion-switzerland-swap-line

LOL, nice description!

Credit spreads and fiat hedging...oh yeah and wait for winter to bite harder...the Euro's will be in center ring first...

As for chips...

https://www.zerohedge.com/geopolitical/us-chip-firms-pull-staff-chinas-yangtze-memory-technologies-economic-war-worsens

...who is going to make them, and where?

South Korea, Japan...Taiwan?  Still too close to China for comfort?

States?  Labor too expensive for Corporatists.

Mexico? 

Anyway...those are not chips you can eat...

https://www.zerohedge.com/economics/food-cost-jump-sparks-hotter-expected-us-producer-price-inflation

Pork, soybeans, OJ (Florida!) and lumber been running up lately...futures market seems to stay on that tack...

Some offsetting with less demand...people shifting what they consume...but all trends point to continued high prices...and distributions woes just around the corner with other cans kicked down the road...

[Libertas]

 

“If unemployment goes up, that’s unfortunate. If it goes up a lot, that’s really very difficult,” Evans said. “But price stability makes the future better.”
https://www.zerohedge.com/economics/chicago-fed-president-says-rate-hikes-will-continue-even-if-it-leads-job-losses

Translation from totalitarian BS to common American English - “If unemployment goes up, that’s what we're trying to do. If it goes up a lot, that’s really very good,” Evans said. “But price stability makes the future for the elites better.”

Casino stawks, baby!!!  Gotta re-open the fleecing window!

[Libertas]

Ben Bernanke Winning The Nobel Prize In Economics Is A Sick Joke
https://www.zerohedge.com/markets/ben-bernanke-winning-nobel-prize-economics-sick-joke

Sick joke?  Welcome to latter day psycho-run planet Earth....

It's merely on par with leftist politicized everything...

It's no more a sick joke than The Kenyan getting a Nobel Peace Prize merely for being half-black and Manchurian'd into leadership of Amerika...

It's no more a sick joke than changing the race, sex or sexual orientation of historical figures or cartoon figures in movies et al...

Everything about latter day Earth is a total sick joke...

And while the media pretends the fraudulent jello-headed puppet is fully dressed and the economy has never been better and after they (not so mysteriously) survive a mid-term slaughter it is poised for an epic rebound crash the likes of which the world has never seen!

https://www.zerohedge.com/personal-finance/us-core-cpi-surges-40-year-highs

They gonna say "transitory" again?  Their crippling of domestic energy production, transportation...lives, jobs...is "winning"?

https://www.zerohedge.com/markets/markets-puke-cpi-sends-rate-hike-odds-soaring

Rate hikes and spinning presses...oh yeah...the future looks...Hellish...

[Libertas]

https://twitter.com/townhallcom/status/1580268313774813184

https://townhall.com/tipsheet/guybenson/2022/10/12/destructive-biden-administration-moves-to-californize-us-labor-rules-n2614375

Naturally...if it is insane and destructive...national DemoCommies have to run with it...

   them all!!!

Time to cut the tumors out...


H/T-WZ

As for this -

https://www.zerohedge.com/economics/morgan-stanley-says-jaw-dropping-inventory-levels-key-risk-retailers

A risk to them is an opportunity for us to get necessities still i stock while we can...because on the other side of election day the clownworld sh*tshow could go into hyperdrive...and inventories will be zilch...with little prospects of coming back anytime soon...

More takes on inflation -

https://www.zerohedge.com/markets/horrible-brutala-disaster-democrats-shocked-wall-street-reacts-todays-cpi-nuclear-bomb

Naturally, the nucking futs markets (aka Casino's) are all up...and gold is down...   

[Libertas]

H/T-CTH

And the fugly has just begun...

https://www.zerohedge.com/markets/not-functioning-market-massive-short-covering-creates-bottom-vulnerable-one

Uhh huh...well, the official chatter in the casino's is...the drop today is solely poor bank earnings...maybe that inflation stuff...


H/T-WZ

[Libertas]

This could tip things over...

25 days of diesel left...

https://www.zerohedge.com/markets/forget-oil-real-crisis-diesel-inventories-us-has-just-25-days-left

So, somewhere near the start of the 3rd week of November, when the Mid-Term's may still be tallying fraudulent ballots (barring a false flag or WWIII beating it to the punch)...the transportation of goods ends, infrastructure projects and repairs end...food rots...people starve...society collapses...

The bitter harvest of overregulation and enmity towards all domestic energy production...choosing to be a hostage of a hostile OPEC cartel...and a unnecessary war in Ukraine and backfiring sanctions that slit your own economic throat...has given its predictable misery...and it could all have been avoided if 2020 wasn't stolen...

Remember your oppressors...

ETA - Advance the false-flag warning to red...

https://www.youtube.com/watch?v=9ofRIMgI46k

...better see matching data for these flights to overseas destination...otherwise it seems to indicate foreknowledge of some coming badness, and how can that foreknowledge exists without somebody knowing and issuing orders?  That and the flights in question are not overseas capable platforms, so...

I think everybody ought to plan accordingly for badness...in all its possible forms...

I don't think the totalitarians want to have their allies thrown out on their asses...looks like Order 66 and cancelled elections...

[Pandora]

They cancel the elections and they're gonna have totes more trouble on their hands than no diesel.   

[Libertas]

I hear chatter about the illegitimate government making a move to arrest Trump...I have no doubt they ache to do it, given every low-life corrupt thing they've done to date its not a big leap to see them go full-Stalin...but I do not see this limp-dick document nothingburger issue being a very good vehicle given other living ex-POTUS behavior on that score that in some cases is far more "interesting"...which brings back the "plant" concerns around that unprecedented illegal raid at Mar A Lago...so absent some larger false-flag scheme this arrest stuff seems a reach...but in these lawless times one cannot put anything past these lunatics...they obviously do not care if they start a nuclear exchange with Russia...seems obvious in everything they do they have zero interest in citizens...but, there are many ways they can trigger a civil war...and they are fully insane enough to trip several...

[Libertas]