World economy tanking

Movement of intermediate goods . . .

20140109_BDIY1_0

I’m told this was the biggest drop in the Baltic Dry Index in its history.  Meaning the prices for shipping goods has plummeted for lack of demand.  This baby is rolling over.  Not only does it look like pre-Great War I, but everyone is also arming for Great War II.  The good news is that wars mobilize resources and capital and will ultimately bring the economy out of the doldrums; the bad news is that the U.S. is unlikely to emerge unscathed in the next war which will be fought with ballistic missiles—and will exit the war bankrupted.

All thanks or should I say boos go the Jewish Mafiosi banksters that destroyed the world financial system.

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Hasta la vista baby

Words of caution for those that want a banana republic here in the US of A

From Argentina

For Dominga Kanaza, it wasn’t just the soaring inflation or the weeklong blackouts or even the looting that frayed her nerves.

It was all of them combined.

At one point last month, the 37-year-old shop owner refused to open the metal shutters protecting her corner grocery in downtown Buenos Aires more than a few inches — just enough to sell soda to passersby on a sweltering summer day.

From Venezuela

Economic mismanagement in Venezuela has reached such a level that it risks inciting a violent popular reaction. Venezuela is experiencing declining export revenues, accelerating inflation and widespread shortages of basic consumer goods. At the same time, the Maduro administration has foreclosed peaceful options for Venezuelans to bring about a change in its current policies.

President Maduro, who came to power in a highly-contested election last April, has reacted to the economic crisis with interventionist and increasingly authoritarian measures. His recent orders to slash prices of goods sold in private businesses resulted in episodes of looting, which suggests a latent potential for violence. He has put the armed forces on the street to enforce his economic decrees, exposing them to popular discontent.

The above are examples of what occurs when you print too much money.  You can head off crisis for a short time, but it doesn’t last.  And when money printing unravels there is hell to pay.  It’s just not the U.S., but all countries that believe they can consume their way to prosperity using cheap credit.  It is however the first developed country that wishes to emulate the banana republics.

Disastrous jobs report

Get real . . . the recovery is a hoax

The last jobs report was a disaster.  Only 74,000 jobs were created.  Far below the number to just keep pace with population growth.  Secondly, 347,000 workers left the labor force.  Through statistical subterfuge these folks are no longer counted and used in the calculation of unemployment.  The 6.7 percent unemployment rate is a statistical artifact promoted by the Bureau of Labor Statistics making a dire situation look like lipstick on a pig.

Labor-Force-Participation-Rate-425x255 

All this nonsense from the Zionist Fourth Estate does a tremendous disservice to the American people.  The truth is in the pudding and Quantitative Easing has been a complete disaster for mainstreet.  The only ones it has benefitted are the speculators and house flippers as if fixing up houses and selling them to one another constitutes a viable economy.

The Federal Reserve through their foolishness have painted themselves into a corner, from which, as Sartre might say, there is no exit.  If they taper the economy   Bubble Boy II will expire, if they don’t the dollar will expire, as indicated by the chaos in the precious metals market.  Sophomoric economic theory, with basically zero empirical evidence to back it up, has now led to such distortions of the market, I don’t think it can be fixed.  There will have to be a new Bretton Woods . . . after World War III. 

Just in time for Great War 2.0

Another magnificent pump and dump operation by Wall Street; Dow off 300+

 

 

 

 

 

It’s Over

It’s always a recovery until it isn’t.  Or how the Zionist Fourth Estate spun the malarkey “it’s different this time around.” 

Go back and you’ll find a lot of empirical evidence on this blogsite that indicated there was no recovery.  Well as my posts today intimate, the Federal Reserve has pumped so much Parker’s Brothers Monopoly Money into the economy people are just flat out disgusted with it. 

But the good part is that when they need real money, there is none to be had because it’s all been siphoned off to Asia.  Fiat currency cannot be real money since it does not hold its value under an undisciplined central bank like the Federal Reserve.  And all this money pumping has in turn resulted in overcapacity in developing countries like China that has taken on debt to build redundant production capacity. 

Yes, the gathering storm here is going to blow even harder there.  That is, unemployment is likely to explode there which will not be tolerated.  The Chinese will hence have to look for wars—likely with Japan—to distract its jobless masses.  That in turn will trigger our mutual defense pact with Japan and then we’ll be off to the races or nuclear war. 

Just in time for the commemoration of the Great War.  But hey, this next war might just be the war to end all wars—literally—by sending Western Civilization back to the stone ages.  Hopefully, we have our technological know how and knowledge stored away at Iron Mountain.

P.S.

By the way dear reader, I was unable to post while the market was tanking . . . in fact my blogsite was offline completely . . . WHAT A COINCIDENCE! 

Circling the drain

The Dow . . .

Dow intraday

Slowing?  Are you kidding me.  Xmas was a disaster for retailers, but that is what you should actually expect.  First food service businesses suffer, because this is precisely where squeezed peasants can initially cut costs.  Then it spreads to the retail sector, and then to business investment in general.  This all then prompts further reductions in the labor force and greater pain to our consumption model which will once again spark a debt crisis as people are unable to service their debts.  Leading to even more bankruptcies of businesses.  For example, it is no secret both J.C. Penny and Sears are on the ropes and might not survive out the year.  After a credit binge, Great Depressions cannot be avoided other than through defaults, bankruptcies, and liquidations to purge the system of bad debts.  The day of reckoning has arrived.

Fed vaudeville act

Why gold shares lead gold higher? . . .

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By the way, the stock market is currently down.  The Dow is off almost 250 points.

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This is because actual gold stocks are scarce forcing people who wish call exposure to gold production to buy shares in gold producers.  Why backwardation or when gold spot prices rise above futures paper prices that the smart money will buy up gold shares because of its leverage to the move.  Fiat currency is imaginary relative to true money that requires both labor and capital to get it out of the ground, refined, cast, stamped, sold, and stored.  Why the Chinese are buying gold, and why it won’t be returning to the market anytime soon.  The Jewish Mafiosi have blown up the world financial system.  I think credit should be given where it is merited.  With each artificial suppression of the price of gold, the only thing accomplished is to increase demand and the price of real money in Asia.  Hilarious to watch, but an augur of the coming social explosion to come.   

Sharon’s method the same as Himmler

Zionism: How to get assimilated Jews to pull up stakes and move to Israel

“Even today I volunteer to do the dirty work for Israel, to kill as many Arabs as necessary, to deport them, to expel and burn them, to have everyone hate us, to pull the rug out from underneath the feet of the Diaspora Jews, so that they will be forced to run to us crying. Even if it means blowing up a few synagogues, I don’t care.” – Ariel Sharon as cited by Amos Oz, Davar, December 17, 1982

Palestine was where the methods and techniques of Krystallnacht were honed and developed.  Assimilated Jews are in for a rude awakening from their brethren.  For the historical mission of Zionism has not been completed until the Jews come home to roost.  Yes, the facts of 9/11 are going to be revealed by the Jews themselves—Jews like Ariel Sharon.  Jews that believe in the mission of their Nazi colony.  Do they understand the reaction that will be forthcoming from Americans?  That would be like they didn’t understand the consequences of their actions when they destroyed the German middle class in the 1920s.  They are not that dumb.