Putin is not Obama so at lest Russia will not fall to the new world Order. My ancestors came from there just before the revolution, I sure hope I don’t have to go back!
Tag Archives: Greek no vote
Is President Obama wiping his hands of the Syrian program?
I would go a bit further and say Obama is getting exactly the results he wants; which is the elimination of America as a world power.
The Crisis isn’t new the cause is the same as always, politicians that actually think they can prevent them!
IMF Warns That We Have a New Crisis Coming
QUESTION: Marty; You mentioned that you met with a board member of the IMF. It certainly seems you are having a much larger impact than you may realize. The IMF is now warning of a crash. Do you think you can help reverse the trend if given the chance?
Thank you for caring
BG
ANSWER: I absolutely could mitigate the crisis. There would be much I could stop in 30 days or less. But the trend is the trend. The system is collapsing. It is not because of some derivatives bubble. It is not because of fiat. This is because of the debt gone wild and governments run by politicians who are clueless and assume that they can bully their way through this by writing laws. LaGarde is now warning that we have not fixed the problems from the last crisis and we have another one brewing.
Yet the IMF is focused on the rising risk of a global financial crash because of a slowdown in China, which undermines the stability of highly indebted emerging economies. The IMF is not saying much other than there are three crisis epic centers within the emerging market crisis including China, Brazil, Turkey, and Malaysia. This could shave 3% off of global GDP, which would devastate Europe in particular. Then there is the chaos of debt in Europe because of the failed euro, but that is a political problem and means politicians need to admit error. The IMF has warned about the battered global markets that have experienced a sharp decline in liquidity since 2007 and are more likely to transmit shocks rather than cushion the blow.
These three areas that the IMF is warning about are the symptoms rather than the causes. The IMF has not identified the root cause of this chaos and that is all emerging from the fact that governments borrow, owe debt, and in turn raise taxes, which lowers growth and reducing living standards. Wait for the pension crisis to hit. A further decline will undermine the European banks and will cause a real meltdown.
This is insane and pure Keynesian economics since Keynes didn’t believe in Savings which you need to have Investment
Belgium to Introduce 33% Tax on Investments
The Belgium government wants to introduce what they are calling the “speculation tax” that will impose a 33% tax on investments liquidated within 6 months. They fail to grasp that this will only send capital elsewhere. Politicians never understand that they are the source of all evil.
The Continuation of Merkel’s policies will destroy Germany!
Merkel’s Dream
QUESTION: What is going through Merkel’s mind with this immigration? Is she just insane? What is happening here in Germany is unbelievable.
HS
ANSWER: Angela Merkel is pursuing a policy of open borders. She assumes she will revitalize the German economy to shift from export-dominated to domestic consumption. This is clearly a major radical change in political-economic policy that is purely another fictional fantasy like the EU ending wars by creating one unified government. The immigrants, whom she thinks will boost the German economy, will cause it to implode. Consequently, Merkel is following the elitist views of the IMF. This is all in line with the trade deal. This is a high-risk strategy since what she is doing took the U.S. more than a generation to accomplish. She will never see what she thinks will happen in her lifetime.
Civil Unrest is on the rise World Wide as the Citizens rebel against Totalitarian Rule!
Belgium Riots Reach up to 100,000 People Against Austerity
Major protests have broken out in Belgium over AUSTERITY, according to Le Monde. According to the police, up to 100,000 people demonstrated in the center of the capital against the AUSTERITY measures imposed by Prime Minister Charles Michel. The protests in Europe will get much worse on the other side of 2015.75.
This is not Migration it is Invation
Slovakia Will Exit the EU Over the Immigration Issue
The Slovak Prime Minister Robert Fico has stated bluntly that the EU must stop the influx migration of refugees or Slovakia will exit the EU. The refugee issue is tearing Europe apart. Latvia refused to accept the number allotted to them by Brussels.t is Invation
The perfect economic storm; a collapsing German economy and bringing in hundreds of thousands of refugees
German Industrial Production Collapses by 4%
The other side of 2015.75 is not going to be pretty. The first news on the German industrial production report dropped 4% from July to August, versus an expected decline of 1.5%. This is a very alarming huge month-on-month drop, the largest in the past five years. This now brings a shocking reality since the month saw a 2.8% drop on the same month last year. Everything is turning down hard from factory orders onward and now we have the VW scandal. Even the resale values on Volkswagen’s diesel cars in the U.S. have collapsed dropping 13% according to the Kelly Blue Book.
Germany is the core of the European economy. Our models are warning we are looking at a very steep economic decline and this contagion will inflect the USA now with the turn on 2015.75. This is no time for Germany to get caught up in refugees since the weather in Germany will be colder this year than before and these people are not suited to cold weather.
We are in a very unstable period with fools in the White House that don’t have a clue that they are taking us toward a confrontation with Russia
Gold & the Dow – Looking Ahead
QUESTION: Mr. Armstrong; So many people have tried to copy what you do and in the process expose themselves as having nothing original to offer. They pretend to have models that pinpoint dates like October 7th and claim they are using the K-Wave to cover up their theft. Still they fail to understand what you have been forecasting and that I find really interesting.
Your revelation of gold and the stock market and how they often trade together was amazing. So if I am correct, gold is indeed a commodity and will rise against a currency along with other tangible assets including stocks because it is really a contest between money and assets. I get it. You cannot have gold as money act as a store of value and make money on everything else since any rise in assets including wages means money must decline in value. That is so basic, I feel really stupid for listening to these people for so long.
So gold will rise because it is not money and with the stock market. Correct?
EF
ANSWER: Yes. This is the peak in government rather than the private sector market be it stocks or commodities. Gold is rising right now along with the Dow. The oscillators are bullish on both at the same time. These market are not trading opposite as the promoters chant. This is indeed demonstrating the alignment that must become dominant moving ahead. These markets will blast off only when we see the overall CONFIDENCE in government collapse. It is not your confidence, but that of the general public.
The scary thing is the Russia bombing in Syria began precisely the day of the model – September 30th. This means we also have the war cycle to contend with and governments NEED war during depressions. We are escalating dangerously toward world war. The bureaucrats in Washington who have decided to oppose Russia, will never now admit that they were WRONG. I am sorry, but Putin is taking steps that are vital in the Middle East because the war mongering bureaucrats in Washington will NEVER admit error. This is a very dangerous position they are creating and they should be stopped, but unfortunately, we have people like John McCain who are out of their minds and way too old to comprehend you cannot win a war as you did in the 1950s. McCain never encountered a country he would not advocating invasion if they dared to disagree with him.
In gold, there is nothing to get excited about until you see a weekly closing above 1210. In the Dow, that is 17762. Initial resistance in gold stands at 1188 whereas in the Dow it is 17340. We still see the markets focused on the first week of November. It is interesting that the debt ceiling was kicked down the road to December, but the Treasury warns they will run out of money by early November. So interesting times still await us.
Bird’s-eye view of ‘Russian cluster bomb strikes ISIL in Syria’
We used “cluster” bombs in Nam and they safe my ass once. But those back then were antipersonnel munitions ; these did not look that that the strike look more like larger rounds for trucks and tanks. The difference e is the antipersonnel are more like hand grenades and they did not all go off when used which left life ammunition on the ground. that could kill anyone, and that was the objection.
Centinel2012 