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Tag Archives: Collapse
“Things that can’t go on, go on until they can’t.”
Things that can’t go on, the prophet Herb Stein once observed, go on until they can’t. Criticality eventually bushwhacks credulity. The aggregation of rackets that American life has become is rolling over like a great groaning wounded leviathan and the … Continue reading
Posted in Editorial
Tagged Collapse, Economy, Revolution
Comments Off on “Things that can’t go on, go on until they can’t.”
Asia Crumbling; China’s Worst 2 Days In Almost 4 Years, Nikkei 450 Pts Off Session Highs
Things are getting a little out of hand in Asia once again. China’s Shanghai Composite is down 3.7% at the break for its biggest 2-day drop in almost 4 years (-8.9%) and Japan’s Nikkei 225, after staging a solid come-back has … Continue reading
Is It Beginning? Biggest JGB Price Collapse In Over 10 Years Triggers TSE Circuit Breakers
10Y JGB yields have exploded higher. The move from 32bps to 65bps triggered circuit breakers on the Tokyo Stock Exchange in JGB Futures trading as JGB prices plunged by their largest amount since September 2002. We can only imagine there are liquidations galore occurring … Continue reading
Ready for a Haircut?
… while the US would prefer large financial institutions be resolved through ordinary bankruptcy, depositor wealth confiscation will be pursued in the case of a systemically important institution (i.e. BOA, JP Morgan, Goldman Sachs, etc): The banksters plans for a … Continue reading
Market Update – The Damage So Far
It seems the realization that i) Cyprus mattered, ii) If Europe slumps then US will be infected (no matter how clean the asset-gatherers believe the shirt to be) is impacting markets globally once again. A slew of horrible data overnight … Continue reading
50 Signs That The U.S. Health Care System Is A Gigantic Money Making Scam That Is About To Collapse
The U.S. health care system is a giant money making scam that is designed to drain as much money as possible out of all of us before we die. In the United States today, the health care industry is completely … Continue reading
Posted in Editorial, Health Care
Tagged Collapse, Health Care
Comments Off on 50 Signs That The U.S. Health Care System Is A Gigantic Money Making Scam That Is About To Collapse
Come Out of Her, My People …
The United States plays ‘god’ … Economic collapse coming to the United States … Murder in the name of the United States … Wealth illusion in the United States … The United States – a ‘police state’… Imperial lawlessness in … Continue reading
All Is Well …
If the mainstream media says the economy is as good as new, it must be so. Why should we let facts get in the way of a good storyline? Read it all and weep …
Wall Street Insiders Selling
Why are corporate insiders dumping huge numbers of shares in their own companies right now? Why are some very large investors suddenly making gigantic bets that the stock market will crash at some point in the next 60 days? Do … Continue reading
Apple shares fall further; down 7.7 percent in extended trade
UPDATE 1: Apple down 8.59% (5:40 PM EST) UPDATE 2: Apple down 10.12% (5:45 PM EST) Apple Inc missed revenue expectations for the third straight quarter after sales of its flagship iPhone came in below Wall Street’s targets, driving its shares … Continue reading
Moody’s Downgrades European Union To Outlook Negative
Not entirely surprising following the outlook changes for Germany, France, UK, and Holland but still an intriguing move right before Draghi’s big unveiling: Moodys maintains AAA rating but shifts to outlook negative. Moody’s believes that it is reasonable to assume that … Continue reading
Posted in Editorial, Financial
Tagged Collapse, EU, European Union, Moody, NC Renegade
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European Bank Runs on the Horizon According to Top Economic Official for the European Commission
The news concerning the collapse of the Euro and the Euro zone has been non-stop. After 21 Greek bailouts, you would think that the boy who cried wolf would be ignored. Well, actually the world’s economic community has ignored the … Continue reading
Stock futures hit after European elections
(Reuters) – Stock index futures fell after Greek voters trounced ruling parties in elections on Sunday, a result that put the country’s future in the euro zone at risk, and as Socialist candidate Francois Hollande won the French presidency. S&P 500 futures … Continue reading
Posted in Editorial, Financial
Tagged Collapse, Eurozone, France, Greece, NC Renegade, Stock Market
Comments Off on Stock futures hit after European elections
First They Fled the Markets, Then They Fled the Banks
In response to the cheerleaders who still are elated at the rise of the stock market based on the continuing non-effective bailout strategy for the European Union, here is a dose of reality. Get ready for a worst case scenario … Continue reading
Posted in Editorial, Financial
Tagged CDS, Collapse, Economic Collapse, EU, Euro, NC Renegade
Comments Off on First They Fled the Markets, Then They Fled the Banks