2015: The next recession has started

[Mixd]

This thread was started almost 5 months ago and i still have yet to see this so-called recession that has "started".

There's a lot that is in our faces showing signs it's here. Like the slowdown in shipping, meaning barely any trade is happening. Trucking and railroad industry is down as well since the end of last year. A lot of this is stated in many of the articles posted earlier.

What you're not seeing is ABC, NBC and CNN saying we're in a recession to have mass pandemonium. It's just not gonna happen. But the signs are all on the wall everywhere else. But like what was just said, they are kicking this can hard to continue the BS, but there's a breaking point and it's coming. They are stressing the system globally.

 

[Mixd]

Global stocks have already lost over $6 trillion in 2016

Bob Bryan Feb. 8, 2016, 12:26 PM

http://www.businessinsider.com/stocks-already-lost-6-trillion-in-2016-2016-2

 

[Matt Beesy]

Global stocks have already lost over $6 trillion in 2016

Bob Bryan Feb. 8, 2016, 12:26 PM

http://www.businessinsider.com/stocks-already-lost-6-trillion-in-2016-2016-2

They gained all that back in the last week and the market is positive now for the year...... that article is a month old.

 

[Moving Target]

only time will tell. usually fissures and cracks start to form before a economic collapse. they are already showing.....but I would rather be wrong and prepared than right and unprepared. IJS.... plus they wont tell you when it starts anyway...just like the weekend in 2008 where shit almost went down permanently over a weekend...hear me...over a weekend!

 

[Mixd]

Foreign Governments Dump US Debt At Record Pace;The 9 Biggest Risks Facing the World Today

http://www.valuewalk.com/2016/03/foreign-governments-dump-us-debt/

 

[Non-StopJFK2TAB]

This is an awful thread.

 

[Mr.Chuckles]

Someone PM me when the fire sale begins, until then i'ma keep grinding and stacking the war chest

 

[HeathCliff]

Been monitoring this thread for months as skeptic. This was the only bit of news that got my attention:


U.S. Home Resales Tumble In Potentially Troubling Sign For U.S. Economy
February’s decline weighed on investor sentiment, with the S&P 500 stock index falling after the data was released.

WASHINGTON (Reuters) - U.S. home resales fell sharply in February in a potentially troubling sign for America’s economy which has otherwise looked resilient to the global economic slowdown.

The National Association of Realtors said on Monday existing home sales dropped 7.1 percent to an annual rate of 5.08 million units, the lowest level since November.

...

 

[Matt Beesy]

At the hedge fund I work at they are predicting massive sell off and downward turnover for the next 6 months...... The market is oversold right now.

 

[Mixd]

At the hedge fund I work at they are predicting massive sell off and downward turnover for the next 6 months...... The market is oversold right now.

Then why say earlier the market made it all back. What is not being understood is that this ain't about markets. The economy globally can't take this strain much longer.

 

[Matt Beesy]

Then why say earlier the market made it all back. What is not being understood is that this ain't about markets. The economy globally can't take this strain much longer.

It did make it all back. Im merely stating that as of today there is talk that the market is oversold which means there is no support for the prices of stocks you are seeing today. The first post was a fact the most recent is just what im hearing at the office. The market is positive as of right now, but from what my CIO says it wont be for long.

 

[Mixd]

It did make it all back. Im merely stating that as of today there is talk that the market is oversold which means there is no support for the prices of stocks you are seeing today. The first post was a fact the most recent is just what im hearing at the office. The market is positive as of right now, but from what my CIO says it wont be for long.

That's all good, but literally the markets are only a part of what's happening and where the world and American economy is. The reflection of stocks jumping back up is a cushion reaction to prices being low on many stocks from the drops at the start of the year. Many bought at an opportune time, but forgetting all those that lost trillions. It's why I posted the article a month later. It all still isn't changing the fact that trade, housing, manufacturing and so on are all still down since end of 2015 and shows no signs of coming back up...

 

[Matt Beesy]

That's all good, but literally the markets are only a part of what's happening and where the world and American economy is. The reflection of stocks jumping back up is a cushion reaction to prices being low on many stocks from the drops at the start of the year. Many bought at an opportune time, but forgetting all those that lost trillions. It's why I posted the article a month later. It all still isn't changing the fact that trade, housing, manufacturing and so on are all still down since end of 2015 and shows no signs of coming back up...

Bro to be honest, I cannot comment on anything you say. I merely stated the point that the stock market had recovered from the losses the article you posted referred to. I didnt debate the cause. Then I purely provided a reference to the conversation I heard at the job today. I dont know anything about you or your knowledge of the markets but if you cannot tell me about elliot wave, wykcoff wave, volume spread analysis or other technical trading methods then I am afraid we may be on two different levels of conversation here. Do you have a job in the securities sector?

 

[Mixd]

Bro to be honest, I cannot comment on anything you say. I merely stated the point that the stock market had recovered from the losses the article you posted referred to. I didnt debate the cause. Then I purely provided a reference to the conversation I heard at the job today. I dont know anything about you or your knowledge of the markets but if you cannot tell me about elliot wave, wykcoff wave, volume spread analysis or other technical trading methods then I am afraid we may be on two different levels of conversation here. Do you have a job in the securities sector?

No, no job in securities. Just know a few choice people in a few places that know a few things. So I look for signs of things I am being told in the news and prep for things to come. That's all.

 

[Mixd]

Blackstone Mutual Fund Loses Half Its Assets

http://www.bloomberg.com/news/artic...-fund-loses-half-its-assets-as-fidelity-pulls

Hedge Funds Pumped Up Silicon Valley. Now They're Pulling Out
http://www.bloomberg.com/news/artic...ack-in-silicon-valley-as-ipo-market-atrophies

 

[CoTtOnMoUf]

This is an awful thread.

you're right.

you can ALWAYS find negative articles and blogs about ANY subject you want.

...but a recession?

it ain't happening so far.

it's like Fox news and these bitch ass republiKKKans when they were trying to claim voter fraud...

it's the same old "Solution looking for a problem" approach.

 

[Mixd]

Two Down - Two to Go
Peter Schiff
Posted Mar 24, 2016

The Federal Reserve's years-long campaign to sheepishly back away from its own policy forecasts continued in earnest last week when it officially reduced the four expected 2016 quarter point hikes, suggested back in December, to just two. Given the deteriorating economic outlook, I believe there can be little doubt that the Fed will soon complete the capitulation process and remove all expectations for additional hikes this year. Even before that happens, savvy observers should have already concluded that the Federal Reserve is stuck in the monetary mud just as firmly now as it has been since the dawn of the financial crisis back in 2008.

Rather than actively voicing its retreat in either its March policy statement or in Chairwoman Janet Yellen's press conference, the market-moving policy shift was buried in the minutia of the Fed's "dot plot" information array, in which each voting committee member signals their assumptions of where interest rates will be in various points in the future. Those tea leaves needed to be read to reach the conclusion that policy just got significantly more dovish. But despite the Fed's soft peddling, the policy shift made an immediate impact on markets, with the dollar getting hit by a variety of rival currencies and gold (and more significantly gold miners) climbing to multi-month highs.

But perhaps the greatest casualty of the announcement was the Fed's own credibility, which is now being stretched to the limit. At Yellen's press conference last Wednesday, CNBC reporter Steve Liesman, who has perhaps been one of the most reliable supporters of the Fed's policies, seemed to indicate that even he had grown weary of the Fed's prevarications, saying to Chairman Yellen: "Does the Fed have a credibility problem in the sense that it says it will do one thing under certain conditions, but doesn't end up doing it? And...if the current conditions are not sufficient for the Fed to raise rates,...what would those conditions ever look like?"

Yellen's response was measured and lengthy, but what it really boiled down to was, "Steve, why have you taken our prior forecasts at face value? We never actually offered firm commitments on anything. Nor did we specifically endorse the things that we seemed to have said. And just so you know, you should expect that the things we are saying now will 'fully evolve' over time as well." Or in plain English: "Steve, don't you know by now that we have no idea what we are talking about, that our forecasts are just guesses, and since we normally guess wrong, why should you expect greater accuracy now? If anything, it should be obvious that our guesses are biased in favor of stronger growth, as the intention is for those rosy forecasts to positively influence sentiment, thereby helping to obscure the problems that, for political reasons, we are hesitant to acknowledge".

Talk is cheap, and the Fed buys it by the bushel. But when it comes time to actually do something, it is nowhere in sight. In voicing his frustration, Liesman pointed out that core inflation has gone up the past two months (in fact, it has already breached the Fed's 2% target), that the jobs report was strong (in fact, the economy is creating 200,000 plus jobs per month), and that the GDP tracking forecast has returned to two percent. And while I have explained on many occasions why those data points are all misleading to the upside, Yellen has made no such qualifications. The growing chasm between what the Fed says it is going to do and what it is actually doing is getting increasingly hard for the mainstream to swallow. When it stops going down at all, a market shift of considerable proportions could begin in earnest.

One of the data points that Yellen likes to cling to most fiercely are the reports that show consumers are confident that the economy has improved and that it will continue to do so. But those reports, which I have always believed are poorly constructed, are completely at odds with what voters (who are also consumers) are actually saying at the polls. Presidential primary exit polls in state after state indicate that the economy has been the top issue on the minds of voters. Generally speaking, this should indicate that people are not overly optimistic about the economy. If they were, other issues, such as immigration, national security, the environment, and health care, would be cited as their top concern.

The big surprise this primary season has been the rise of Donald Trump among Republicans and Bernie Sanders among Democrats. Voters aren't choosing Trump because they like his hair or Sanders because they like his glasses. Both are considered insurgents in their respective parties. They represent change and their popularity should be seen as a sign of deeply-seated economic uncertainty in voters rather than confidence. If confidence were high, candidates more closely aligned with the status quo should be on top.

According to both the Fed and its economic lapdogs on Wall Street, one of the few other bright spots in the economy is the fact that inflation is finally starting to ramp up noticeably. Last week it was revealed that the core Consumer Price Index (CPI) had risen 2.3% from the year earlier (Bureau of Labor Statistics), thereby eclipsing the Fed's long-sought 2% target. The economists argue that rising prices will soon lead to rising wages. Yes, consumers are paying more for rent, insurance, food and healthcare, but the long-sought wage increases have yet to materialize. For obvious reasons, consumers tend to avoid celebration if their bills go up and their pay does not.

Higher prices may be the leading reason why consumers are not spending at the expected pace. Last month, economists cheered when January retail sales came in at up .2% for the month (up if you excluded autos and gasoline), according to Commerce Department data. In fact, the Atlanta Fed cited these numbers when boosting its annualized 1st quarter GDP forecast to 2.7% (since revised back down to 1.9%) (FRB Atlanta). But, last week we were told that the January retail sales number was revised way down to negative .4% from the positive .2%. Excluding autos and gasoline, the numbers went down from up .4% to down .1% in February. I don't recall ever seeing larger retail sales revisions to the downside. But because the revisions were so large, the February numbers could be viewed as positive even though they were way below the pre-revision January numbers.

The slowing sales, in turn, are leading to a dangerous increase in business inventories as unsold goods accumulate on shelves. The inventory-to-sales ratio now stands at 1.4, the highest it has been since May 2009, when the nation was in the midst of the Great Recession. In fact, it has never been this high at times when the economy was not in recession. Similarly, data revisions released last week also indicate that we may ultimately post a full year 2015 current account deficit of $481 billion, the biggest number since the recession year of 2008. If interest rates go up, that deficit could grow significantly worse. The industrial production numbers are also on a downward spiral. Recent data show declines for four straight months, the first time since 1952 that this has occurred without the U.S. being in recession. But if we are already in recession, which I expect we are, then at least that statement will no longer be true.

All this adds up to a nearly inescapable trap for the Fed. The economy is weakening while inflation is strengthening. In the meantime, asset prices, which have become the bedrock of any remaining economic confidence, are extremely vulnerable to an interest rate increase.

As a result, we should expect continued jawboning and inaction from the Fed. All it can do is pray that the economy heats up so it can finally do what it has long promised. But if we keep scraping along the bottom like we have, or go further into the danger zone, look for the Fed to take away those remaining two promised hikes just as easily as it did the first two. The last thing the Fed can bear is for a recession that may be bubbling just under the surface to boil over into full view in the months heading into the election. If that occurs, we all may be seeing a great many press conferences from Mar-a-Lago. That is a development that I'm sure Janet Yellen wants to avoid at all costs.

###

Mar 23, 2016
Peter Schiff
C.E.O. and Chief Global Strategist
Euro Pacific Capital, Inc.
1 800-727-7922
email:pschiff@europac.net
website:www.europac.net

http://www.321gold.com/editorials/schiff/schiff032416.html

 

[da_monumental_1]

Well, I'm looking forward to the next one. I cleaned up the last time.

 

[Llano]

Well, I'm looking forward to the next one. I cleaned up the last time.

I'm looking forward to it as well, I'll add some more rental properties to my portfolio.

 

[Moving Target]

you may not be able to clean up as you did before, when the value of the dollar goes down, inflation will outpace your buying power. I recommend to all my people to buy silver, buy food (as insurance), learn to grow a garden, and get out of debt! I know this is long but watch it all the way through. it will line out everything and what to watch for.

 

[Mixd]

you may not be able to clean up as you did before, when the value of the dollar goes down, inflation will outpace your buying power. I recommend to all my people to buy silver, buy food (as insurance), learn to grow a garden, and get out of debt! I know this is long but watch it all the way through. it will line out everything and what to watch for.

Thanks for dropping this, though it's about 5 yrs old, still relevant to where we are today and how far the can has been kicked. This economy is running out of steam. These are two more recent vids from Aug 2015 and about a month ago

​

 

[futureshock]

These are the types of CACs that Obama had to deal with....

House Republican pushes pro-recession message
03/25/16 10:00 AM
By Steve Benen

The dome of the U.S. Capitol Building is reflected in a puddle on a rainy morning in Washington.


In October, less than a year into his congressional career, Rep. Rod Blum (R-Iowa) raised a curious complaint: the economy in and around the nation’s capital, he said, was simply too good. After taking a picture of several DC-area construction cranes, the Iowa Republican said via Twitter, “We need to cause a recession … in Washington DC.”

This week, the same congressman repeated the same call, complaining about the excessive health of inside-the-Beltway economic development. “DC needs a recession,” Blum said on Monday, alongside another picture of construction cranes. (The congressman sent this from both his personal Twitter account and his congressional account.)

To put it mildly, it’s extremely unusual for an American official to want a recession inside a major American city, and as Roll Call reported, the GOP freshman’s comments have drawn some attention.
The Iowa City Building Trades Council said Blum’s wish was “out of touch.”

Jerry Hobart, business manager of Plumbers & Pipefitters Local 125 said, “Rod Blum further clarified how little he understands about working people. Cranes are operated by workers. Walls of buildings are constructed by workers. New construction creates service jobs for workers. I would be happy to give Rod Blum an Economics 101 lesson, but it seems more appropriate that he take a class in Common Sense 101.”

The backlash on Twitter included blaming him for the reasons Americans don’t approve of Congress and questioning why anyone would call for a recession.

An ABC affiliate in Blum’s Iowa district talked to Mike Sadler II, a business agent for the Cedar Rapids Plumbers and Pipefitters Local 125, who said it’s “hard to believe anyone, let alone an elected official, would call for a recession anywhere in the country.”

The Cedar Rapids Gazette, a newspaper in Blum’s congressional district, talked to the Cedar Rapids/Iowa City Building Trades Council, which called for an apology from the Republican lawmaker.

“We better hear an apology for this outrageous statement, and it better come fast,” Rich Good, vice president of the trades council, said in a statement. Patrick Loeffler, president of the trades council, added. “I have seen a lot of out-of-touch statements from Rod Blum throughout his short career in Washington, but I honestly never thought I would see him – or any reasonable human for that matter – actually call for a recession.”

It’s worth noting that if Blum is irritated driving around the DC area and seeing so much economic activity, voters may relieve him of this burden in the fall. The Republican congressman barely won his 2014 race in Iowa’s most Democratic congressional district, and he’s considered one of the House’s more vulnerable incumbents in 2016.

Blum’s pro-recession rhetoric probably won’t improve his odds of re-election.

http://www.msnbc.com/rachel-maddow-show/house-republican-pushes-pro-recession-message


In the better news section:

15 Reasons That US Recession Risks Have Almost Vanished for 2016
http://247wallst.com/economy/2016/0...ecession-risks-have-almost-vanished-for-2016/

 

[Mixd]

The Fed 'is a god that has failed'
George Gilder, author of "The Scandal of Money"

Why does Wall Street keep recovering after recessions but the economy seemingly never does?

Federal Reserve Board Chairwoman, Janet Yellen speaks at the Economic Club of New York on March 29, 2016 in New York City.​

The reason, as I document in my book, "The Scandal of Money: Why Wall Street Recovers but the Economy Never Does" is that Washington and the Federal Reserve together have created a closed loop economy where the Fed creates money for the government and the S&P 500 and Main Street is left out.

The Fed decides what money is worth and who receives it and how much. The Fed prices it at zero interest rates, allegedly to stimulate economic growth. But whenever something is free, it's distributed by queue, and only the privileged, connected people in the front of the line get any, not the innovators who create growth and opportunity for Main Street. Trump voters are wrong if they blame Mexico and China, but they are right about one big thing: The economy is rigged against them.

The Fed takeover of the economy has turned Main Street into Mean Street; it has gelded Silicon Valley, reducing our most creative entrepreneurs to climate cranks obsequiously petitioning in Washington.

Almost two-thirds of jobs created between 2002 and 2010 came from 23 million small businesses, according to the Small Business Administration. But venture capital investment in 2014 of $48 billion is just one-third of the 2000 total (in 2015 dollars), according to the National Venture Capital Association. There were half as many IPOs in 2015 as in 2000, and they were mostly focused on a few large deals. Back in 1999, there were seven times more IPOs than mergers and acquisitions for tech companies. Today merger and acquisitions outnumber IPOs by almost 36 to 1.

The Fed regulations and money manipulations have displaced an open market of IPOs by an exclusive game of horse trading among "qualified investors" who get rich and leave Main Street out, and fail to create new jobs.

"The first step to economic growth is recognizing the Federal Reserve is a god that has failed."
And Wall Street? The once powerful engine of capitalism has been nationalized by the Obama bureaucracies feeding on fines and fees. We've had a covert socialist coup in Washington and it must be reversed or the free enterprise engine of growth and opportunity is in jeopardy.

The Fed began as a necessary "lender of last resort" during financial crises. But today, the Fed regulates the entire financial sector, from hedge funds to pawn shops. It issues and values the money by manipulating interest rates and manipulating money. Today the Fed serves the Washington bureaucracy and a few banks that are growing bigger. Through these banks, it effectively can regulate the entire economy.

What the Fed cannot do is becoming increasingly obvious: magically manipulate growth, which is the product of learning, into being. The Fed won its vast new powers because both Democrats and Republicans wanted an alibi. Rather than legislatively reform this administrative state that is smothering our economy, we prefer to have the Fed just issue money to paper it all over.

read the rest: http://www.cnbc.com/2016/04/05/the-fed-is-a-god-that-has-failed-george-gilder-commentary.html

 

[Mixd]

Tue Apr 5, 2016 6:59am EDT

IMF chief ramps up call for global action as growth risks increase

The global economy's already modest prospects will decline further unless authorities take stronger action to boost growth, the head of the IMF warned on Tuesday, saying the Fund would cut its headline forecasts next week.

Christine Lagarde said China's shift to an economic model based more on domestic demand, stubbornly low commodity prices and tighter funding conditions in some countries had all clouded the outlook.

"Let me be clear: we are on alert, not alarm. There has been a loss of growth momentum," the International Monetary Fund's managing director said in a speech at Frankfurt's Goethe University.

The recovery from the 2007-2009 global financial crisis "remains too slow, too fragile and risks to its durability are increasing."

But if policymakers confronted the challenges and acted together, "the positive effects on global confidence -- and the global economy -- will be substantial."

Lagarde advised the United States to raise its minimum wage, Europe to improve job training and emerging economies to cut fuel subsidies and boost social spending.

She gave her strongest hint yet that the IMF will cut its global economic forecasts next week.

"The global outlook has weakened further over the last six months so you can (deduce) from that there will be a slight revision (in the IMF estimates)," Lagarde said.

SPRING MEETINGS
Lagarde's remarks come less than two weeks before ministers, central bankers and other policymakers from the Fund's 188 member countries gather in Washington to assess the health of the world economy at the IMF and World Bank Spring Meetings.

While the U.S. recovery has been gaining momentum and some emerging markets including as Mexico have performed well, the IMF views Europe and Japan as major disappointments, while China's slowing growth has hurt oil and commodity exporting countries, including Brazil and Russia.

To counteract the headwinds, Lagarde called for accelerated structural reforms, increased fiscal support and continued accommodative monetary policy.

She urged improved tax incentives for research and development investments, citing IMF data showing that a 40 percent increase in R&D spending in advanced economies could yield a 5 percent increase in GDP over 20 years.

Asked about negotiations between the IMF, European lenders and Greece for a new bailout program for the heavily indebted country, Lagarde told Bloomberg TV the Fund continued to negotiate "in good faith".

After Internet site Wikileaks published an apparent transcript of an IMF conference call, Lagarde denied that IMF staff might threaten to pull out of the bailout as a negotiating tactic to force more European debt relief for Greece.

Introducing Lagarde's speech, Jens Weidmann, who sits on the European Central Bank's decision-making body and heads Germany's Bundesbank, said the IMF was "an essential component" in any euro zone rescue program.

Among other sources of uncertainty facing the global economy, Lagarde listed Britain's debate over remaining in the European Union.
http://www.reuters.com/article/us-imf-lagarde-growth-idUSKCN0X20LG

 

[CoTtOnMoUf]

Tue Apr 5, 2016 6:59am EDT

IMF chief ramps up call for global action as growth risks increase

The global economy's already modest prospects will decline further unless authorities take stronger action to boost growth, the head of the IMF warned on Tuesday, saying the Fund would cut its headline forecasts next week.

Christine Lagarde said China's shift to an economic model based more on domestic demand, stubbornly low commodity prices and tighter funding conditions in some countries had all clouded the outlook.

"Let me be clear: we are on alert, not alarm. There has been a loss of growth momentum," the International Monetary Fund's managing director said in a speech at Frankfurt's Goethe University.

The recovery from the 2007-2009 global financial crisis "remains too slow, too fragile and risks to its durability are increasing."

But if policymakers confronted the challenges and acted together, "the positive effects on global confidence -- and the global economy -- will be substantial."

Lagarde advised the United States to raise its minimum wage, Europe to improve job training and emerging economies to cut fuel subsidies and boost social spending.

She gave her strongest hint yet that the IMF will cut its global economic forecasts next week.

"The global outlook has weakened further over the last six months so you can (deduce) from that there will be a slight revision (in the IMF estimates)," Lagarde said.

SPRING MEETINGS
Lagarde's remarks come less than two weeks before ministers, central bankers and other policymakers from the Fund's 188 member countries gather in Washington to assess the health of the world economy at the IMF and World Bank Spring Meetings.

While the U.S. recovery has been gaining momentum and some emerging markets including as Mexico have performed well, the IMF views Europe and Japan as major disappointments, while China's slowing growth has hurt oil and commodity exporting countries, including Brazil and Russia.

To counteract the headwinds, Lagarde called for accelerated structural reforms, increased fiscal support and continued accommodative monetary policy.

She urged improved tax incentives for research and development investments, citing IMF data showing that a 40 percent increase in R&D spending in advanced economies could yield a 5 percent increase in GDP over 20 years.

Asked about negotiations between the IMF, European lenders and Greece for a new bailout program for the heavily indebted country, Lagarde told Bloomberg TV the Fund continued to negotiate "in good faith".

After Internet site Wikileaks published an apparent transcript of an IMF conference call, Lagarde denied that IMF staff might threaten to pull out of the bailout as a negotiating tactic to force more European debt relief for Greece.

Introducing Lagarde's speech, Jens Weidmann, who sits on the European Central Bank's decision-making body and heads Germany's Bundesbank, said the IMF was "an essential component" in any euro zone rescue program.

Among other sources of uncertainty facing the global economy, Lagarde listed Britain's debate over remaining in the European Union.
http://www.reuters.com/article/us-imf-lagarde-growth-idUSKCN0X20LG

so, even though there aren't ANY major signs of an upcoming recession, it seems that you're just looking for anything to post so you can confirm your suspicions...
this whole bullshit thread need to be deleted!!

 

[Mixd]

so, even though there aren't ANY major signs of an upcoming recession, it seems that you're just looking for anything to post so you can confirm your suspicions...
this whole bullshit thread need to be deleted!!

Sounds as if you're either afraid of what's happening or in denial of it. This whole thread points to many points, that globally, things are almost at a standstill. If you can't see that, then no point of you posting that you can't see it.

 

[CoTtOnMoUf]

Sounds as if you're either afraid of what's happening or in denial of it. This whole thread points to many points, that globally, things are almost at a standstill. If you can't see that, then no point of you posting that you can't see it.

these "reports" and "studies" are the same shit that people have been blogging and posting ever since Obama has been in office since the recovery!

shit has been, and will ALWAYS be fucked up globally!

the great recession of 08 is not going to go away overnight, but at least let the recovery process happen instead of looking under any rock you see to scare people.

it's just like that bullshit Trump said a few days ago about "If you don't elect me, another recession will come about!"

"IF YOU BELIEVE A LIE LONG ENOUGH, IT BECOMES THE TRUTH."

 

[Mixd]

these "reports" and "studies" are the same shit that people have been blogging and posting ever since Obama has been in office since the recovery!

shit has been, and will ALWAYS be fucked up globally!

the great recession of 08 is not going to go away overnight, but at least let the recovery process happen instead of looking under any rock you see to scare people.

it's just like that bullshit Trump said a few days ago about "If you don't elect me, another recession will come about!"

"IF YOU BELIEVE A LIE LONG ENOUGH, IT BECOMES THE TRUTH."

See... This thread was started in Nov, it's about when things started going south, nothing to do with Trump and whatever rhetoric he's preaching to gain followers. Some info was shared with me by some important peeps is why I look for what was shared, so just relaying with the BGOL fam about what is coming. I'm not chasing anything nor looking for doom and gloom. Just know some events that inevitably are coming to a head. Choose to believe it or not, I'm not trying to convince anyone. But just like in 08, there will be no MSM preaching of what is coming or all will go into mass hysteria. They will only talk about this after it happens.

 

[CoTtOnMoUf]

See... This thread was started in Nov, it's about when things started going south, nothing to do with Trump and whatever rhetoric he's preaching to gain followers. Some info was shared with me by some important peeps is why I look for what was shared, so just relaying with the BGOL fam about what is coming. I'm not chasing anything nor looking for doom and gloom. Just know some events that inevitably are coming to a head. Choose to believe it or not, I'm not trying to convince anyone. But just like in 08, there will be no MSM preaching of what is coming or all will go into mass hysteria. They will only talk about this after it happens.

I agree that the MSM won't say shit until the whole thing falls apart!


I just hope I'm right. I took some major lumps in that last recession.

 

[^SpiderMan^]

See... This thread was started in Nov, it's about when things started going south, nothing to do with Trump and whatever rhetoric he's preaching to gain followers. Some info was shared with me by some important peeps is why I look for what was shared, so just relaying with the BGOL fam about what is coming. I'm not chasing anything nor looking for doom and gloom. Just know some events that inevitably are coming to a head. Choose to believe it or not, I'm not trying to convince anyone. But just like in 08, there will be no MSM preaching of what is coming or all will go into mass hysteria. They will only talk about this after it happens.

I appreciate this thread and the information that you have been sharing. I was wary before the Recession and vividly remembering like I felt like I was the only one. When my coworkers were bragging about getting approved for million dollar loans with no documents I wondered why I was the only person suspicious. I sat tight and didn't buy a house. Cats were actually calling me dumb for that. Then those same dudes either lost their homes or claimed to be victims of predatory lending. I ended up buying an income property at near bottom pricing. Now it seems like Deja Vu.Local Real Estate prices are higher than they were before the Recession. Salaries having increased at anywhere near the same rate. Couple that with the slowing of Tech funding and th looming Interest Rate hikes and you don't have to be an Economist to see that things can't stay booming.

 

[Mixd]

I appreciate this thread and the information that you have been sharing. I was wary before the Recession and vividly remembering like I felt like I was the only one. When my coworkers were bragging about getting approved for million dollar loans with no documents I wondered why I was the only person suspicious. I sat tight and didn't buy a house. Cats were actually calling me dumb for that. Then those same dudes either lost their homes or claimed to be victims of predatory lending. I ended up buying an income property at near bottom pricing. Now it seems like Deja Vu.Local Real Estate prices are higher than they were before the Recession. Salaries having increased at anywhere near the same rate. Couple that with the slowing of Tech funding and th looming Interest Rate hikes and you don't have to be an Economist to see that things can't stay booming.

Housing generally caused the last recession, unfortunately what's coming now is a lot different animal. This country and just about everywhere else is going deeper and deeper into debt and can no longer print money on no assets. The only people that are responsible for the 19T we are in debt is "us". We have to pay that back. To what avail...

More evidence of shit hitting the fan

http://www.cnbc.com/2016/04/05/bad-news-bond-defaults-are-on-the-rise.html

 

[Moving Target]

My man, I don't just go off the internet. I read and study history. In my old job, I was an analyst and learned how to take data and interpret it into a usable tactical picture that would give my team directives and targets. Think im lying, go look up A N B, Analyst notebook....its wildly used tool that helps take pieces of data and put them together for interpretation and corroborative evaluation. ****The history of fiat currency world wide is that it will ultimately go to zero. no matter how hard you try to stave it off. kick the can down the road all you want, soon you run out of road. Chance favors the prepared mind...right. I hope that I am wrong but history says that I am right in betting against the dollar. even if it takes anther 10 years. I only hope it happens sooner than later while I can still do something about it.
There will always be wrong predictions, but ask yourself. if it does happen what will you do?

ALSO...ARGUE THIS POINT WITH ME ALL YOU WHO ARE SAYING WE ARE INSANE.

WHAT HAPPENS WHEN THE DOLLAR IS NO LONGER THE WORLD RESERVE CURRENCY, WHEN OTHER COUNTRIES START DOING BUSINESS WITHOUT THE U.S. GREENBACK. ALL THE PRINTING IN THE WORLD WONT MEAN SHIT....Only 2 options, a war or economic depression/devastation.

SEE I KNOW THAT MOST OF YOU GUYS ARE HOPEFULS AND DONT WANT TO EVEN THINK ABOUT THE UGLY REALITY WHEN THE FEDERAL RESERVE HAS PRINTED TRILLIONS IN PAPER MONEY, BACKED BY NOTHING...NOW HALF THE WORLD IS DIVESTING ITSELF FROM THE DOLLAR AND NO LONGER NEEDS IT TO DO BUSINESS.

ARGUE ME ON THIS...BUT BEFORE YOU DO. GO READ UP ON
1) THE ASIAN INFRASTRUCTURE INVESTMENT BANK (AIIB)
2) THE BRICS COUNTRIES WHO THEY ARE AND WHAT THEY ARE DOING ECONOMICALLY
3) THE BANK OF INTERNATIONAL SETTLEMENTS
4) NOT GONNA MENTION THE IMF AND WORLD BANK, THEY LOW ON THE TOTEM POLE.
5) READ UP ON THE TTP AND FIND OUT WHY ITS SO SECRETIVE AND WHY IT LOCKS IN CORPORATE POWER.

IF you have never heard of or read any of the above items, we can not even begin to discuss global economics.

it is inevitable...we are fucking up fast and picking up speed.

 

[Moving Target]

so, even though there aren't ANY major signs of an upcoming recession, it seems that you're just looking for anything to post so you can confirm your suspicions...
this whole bullshit thread need to be deleted!!

Brother, they weren't very many signs in 2008 either and we almost lost this whole financial game over a fucking weekend. I went from a damn good job and good salary to unemployment and a soup line bc I didn't see it coming. but luckily, I caught a break on 2 fronts. one my GM loved my work performance and took care of me with a small parachute (as he was kicking my ass out the door- I at least respect the fact that he showed me respect by giving my bonus early-his call not mine) AND I had a few investments that didn't get assraped as the market collapsed.


you wont see the next one coming either, and it will spectacularly worse!

 

[Mr.Chuckles]

Brother, they weren't very many signs in 2008 either and we almost lost this whole financial game over a fucking weekend. I went from a damn good job and good salary to unemployment and a soup line bc I didn't see it coming. but luckily, I caught a break on 2 fronts. one my GM loved my work performance and took care of me with a small parachute (as he was kicking my ass out the door- I at least respect the fact that he showed me respect by giving my bonus early-his call not mine) AND I had a few investments that didn't get assraped as the market collapsed.


you wont see the next one coming either, and it will spectacularly worse!

OK WHAT IS YOUR RECESSION STRATEGY AND BY ALL MEANS GO INTO DETAIL

 

[Mixd]

@Moving Target your post is exactly in line with what's happening. Some jewels I'll drop is that China will be a reserve currency and we are moving to a flat tax rate, will be between 15 and 20%, exactly between that.

China will be int'l by Oct. Meaning their currency will be internationally traded. That's a marker to look at, but the USA will feel it hard. This week begun a lot of what's to come with Panama Papers, stopping Pfizer and Halliburton. This govt (the company), is trying to hold on to every dollar it can and keep it here. But you have companies like Apple, Google or Walmart based out of Ireland.

It's just not cost effective for any biz to operate out of the USA...
It's why you see so many regulations to force companies to stay here. Along with new tax regulations being agreed upon last week globally by many nations.