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Category Archives: Financial
Emerging market sell-off spills over to Europe, U.S.
A global flight from emerging market assets gathered pace on Friday, sending the Turkish lira to a record low and setting global shares on course for their worst week this year. European shares fell, especially in firms exposed to emerging … Continue reading
Signs Of Weimar Appearing In The US?
by Graham Summers and originally published at PhoenixCapitalResearch.com History is often written to benefit certain groups over others. Indeed, you will often find the blame for some of the worst events in history placed on the wrong individuals or factors. Most … Continue reading
Posted in Editorial, Financial
Tagged Graham Summers, Weimar
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Are the central planners finally starting to lose control?
From CNN: A high-yield investment product offered by China’s largest bank is facing imminent default, an event that will cost investors millions and raise questions about the country’s banking system. Even the mainstream media is starting to report the $500 … Continue reading
Posted in Editorial, Financial, Safety and Preparedness
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20 Early Warning Signs That We Are Approaching A Global Economic Meltdown
By Michael Snyder Have you been paying attention to what has been happening in Argentina, Venezuela, Brazil, Ukraine, Turkey and China? If you are like most Americans, you have not been. Most Americans don’t seem to really care too much … Continue reading
Posted in Editorial, Financial
Tagged Michael Snyder
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Stocks Spanked; Gold Glistens; Currencies Crushed; And Bond Bears Battered
Quite a day… All-time record lows in many Emerging Market Currencies (TRY, ARS, VENZ (unof.) most) Nikkei 225 -3.75% – biggest drop in 7 months Emerging Market Stocks -3% – (4 month lows) USD Index -0.7% – biggest drop in … Continue reading
A ‘tsunami’ of store closings expected to hit retail
Get ready for the next era in retail—one that will be characterized by far fewer shops and smaller stores. On Tuesday, Sears said that it will shutter its flagship store in downtown Chicago in April. It’s the latest of about 300 store … Continue reading
China Is Locking Their Banks
Although the banking problems in China have been ongoing for several weeks, I believe bank runs in the United States will happen quickly. Not even the failure of Obamacare will be able to cover up the collapse of the US … Continue reading
Posted in Editorial, Financial
Tagged Economic Collapse
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Misery Index: Half of the Industrialized World’s Unemployed are in America
RUSH: “Target Corp. announced on Tuesday it would no longer offer healthcare coverage to its part-time employees. In a blog post on the company’s website, Jodee Kozlak, the executive vice president of human resources, framed it as a positive development … Continue reading
Posted in Editorial, Financial
Tagged Rush Limbaugh, Unemployed
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1.4 Million Jobless Officially Get The Emergency Claims Axe
Initial claims rose very marginally week over week (with the declining trend of early 2013 now over); continung claims rose more – considerably more than expectations – with its biggest 7-week rise since early 2009 to the highest in 6 months; … Continue reading
Some NC state employees getting raises
RALEIGH, N.C. — Although Gov. Pat McCrory focused on teacher raises during a Tuesday news conference to outline his 2014 agenda, some other state employees have already gotten a bump in pay. McCrory said Wednesday that the Office of State Human … Continue reading
Don’t Be Fooled by the “Value” of the Stock Market
The stock market graph above shows a doubling of the NYSE under the Obama administration. Accounting for inflation, the value of the market should be 8306 instead of 16,344. Also note the dramatic decline in the volume of stocks traded … Continue reading
Posted in Editorial, Financial, Safety and Preparedness
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Mike Maloney: The US Dollar WILL Collapse!
httpv://www.youtube.com/watch?v=hV-B-oCIVyM h/t Tom R
Record 20% of Households on Food Stamps in 2013
A record 20% of American households, one in five, were on food stamps in 2013, according to data from the U.S. Department of Agriculture (USDA). The numbers also show there was a record number of individuals on food stamps in 2013 and … Continue reading
Posted in Editorial, Financial
Tagged Food Stamps
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Money As Debt
httpv://www.youtube.com/watch?v=jqvKjsIxT_8#t=79s
Alert: The $23 Trillion Credit Bubble In China Is Starting To Collapse – Global Financial Crisis Next?
Did you know that financial institutions all over the world are warning that we could see a “mega default” on a very prominent high-yield investment product in China on January 31st? We are being told that this could lead to … Continue reading