Socio-Economics History Blog

Socio-Economics & History Commentary

This Economic Collapse Will Trigger a Stock Market Crash


  • This Economic Collapse Will Trigger a Stock Market Crash
    by Graham Summers,  
    We are in a global economic collapse. And it is going to trigger a stock market crash.

    The Central Bank fueled “recovery” is officially over.  Central Banks propped up the financial markets for six years. But the money was spent on financialization and accounting gimmicks (buybacks). That is, it didn’t get into the global economy in a useful way: corporate capital expenditures, job hires, etc. As a result, the global economy never really hit “lift off.”

    We can see this clearly in a number of economic images.

    Consider Oil, possibly the most economically sensitive commodity in the world. Oil isn’t just used to power cars and trucks, it’s present in lipstick, solar panels, polyester (stain resistant clothes), chewing gum, crayons, Aspirin, pantyhose, sneakers, detergent, CDs, plastics of any kind, food additives, fertilizers, pesticides and more. When these industries are growing, demand for Oil increases. And this demand typically results in higher prices. However, the price of Oil has collapsed, ending a 16-year bull market, and falling to levels not seen since 2004.

    Oil is the most striking example of economic collapse from the commodity space. However, ALL commodities across the board are showing economic collapse. Here is the Commodity Index. It is made up of Oil, Copper, Tin, Wheat, and every other commodity you can think of. It too has ended a 16-year bull market. Based on the lack of economic demand, prices for Commodities are back where they were in 1999. It’s as though the last 16 years of “growth” has been erased as far as demand is concerned.

    read more.



November 19, 2015 Posted by | Economics | , , , , , , , , , , , | Leave a comment

IMF Ready To Accept The Chinese Yuan Into The SDR Basket To Challenge The Dollar

  • Published on Nov 16, 2015
    Empire Fed misses again, this is the 4th month in a row, signalling a depression. The economy is about to roll over and the retail sales are imploding. The FED might signal a interest rate increase which will mean they are ready to bring down the economy. IMF gives China the go ahead to become a reserve currency and be included in the basket of SDRs. Obamacare is a disaster and it is a hindrance on the people of America.


November 18, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Paris 2015 United Nations Climate Change Conference: World Govt Built on Ruins of Western Civilization

  • Published on Nov 17, 2015
    Paris is showing us the blueprint for the destruction of Western nations and Western civilization and it will be site of a new world government built under the pretense of environmentalism.

Click on image for article.

Subtlety and deception are the Satanic methods. Snake Propaganda. Click on image for article.

Subtlety and Deception are the Illuminist-Satanic methods !



Click on image for article.


November 18, 2015 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , , , , , , | Leave a comment

The U.S. Economy Is Collapsing – Americans Are Out Of Money


  • The U.S. Economy Is Collapsing – Americans Are Out Of Money
    Wall Street, fearful that consumers are running out of cash heading into the crucial Christmas retail season, are selling off retail stocks and everything else sensitive to consumer spending.  – New York Post 

    The retail sales report for October was much worse than expected.  Not only that, but the Government’s original estimates for retail sales in August and September were revised lower.  A colleague of mine said he was chatting with his brother, who is a tax advisor, this past weekend who said he doesn’t understand how the Government can say the economy is growing (Hillary Clinton recently gave the economy an “A”) because his clients are lowering their estimated tax payments.  Businesses lower their estimated tax payments when their business activity slows down.

    In September the Fed released its Consumer Expectations survey which showed a collapse in consumer income and spending expectations.  This does not occur in an economic system which is experiencing growth.

    The price of oil traded below $40 briefly this morning.  The propaganda machine would have you believe that OPEC is driving the price down to put the U.S. shale industry out of business.  This has to be one of the most idiotic rationalizations for a negative economic occurrence I’ve ever seen (that, and “the bad weather ate my homework”).   The price of oil is collapsing because demand for oil is collapsing.   Demand for oil is collapsing because economic activity globally, including and especially in the U.S., is collapsing.

    Once again the Empire Fed Manufacturing survey for November continued to plunge deeper into negative territory.  It missed Wall Street analyst expectations once again by a wide margin.  The index fell to negative 10.74 vs the -6.34 forecast.  The average work week fell for the fourth straight week.   I have news for everyone, if the average work week falls, it means people are making less money.   Less money translates into a disaster for holiday sales.

    read more.


November 18, 2015 Posted by | Economics | , , , , , | Leave a comment

“Nothing Makes Sense Anymore” Traders Fear Debt Market Distortions Signal “Something Big Is Brewing”


  • “Nothing Makes Sense Anymore” Traders Fear Debt Market Distortions Signal “Something Big Is Brewing”
    by Tyler Durden,  
    In the last few months we have warned of the“perversions” in US money markets (here, here, and most recently here) adding that “to ignore them at your own peril.” And now, as Bloomberg reports, it appears the mainstream is beginning to recognize that something very strange is going on in debt markets. Across developed markets, the conventional relationship between (‘risk-free’) government debt and other ‘more risky’ assets has been turned upside-down. “Everybody in the fixed-income market should care about this,” warns a rates strategist and in fact, it’s hard to overstate how illogical it is when swap spreads are inverted, as JPM warns the moves in swap-spreads “should be viewed as symptomatic of deeper problems.”

    As we stated before, a negative swap spread holds no interpretative meaning, the very fact of which is the most important element.

    In other words, we don’t have to figure out what the “market” is saying about a negative spread because it isn’t saying anything other than “something” is wrong(and very wrong with so many and deeper negative and compressed maturities).

    read more.


November 17, 2015 Posted by | Economics | , , , , , , , | Leave a comment

Warren Pollock: World Getting Ready for War

  • Warren Pollock: World Getting Ready for War
    by Greg Hunter’s (Early Sunday Release) 
    Geopolitical and financial analyst Warren Pollock warns, “The world is getting ready for war.” Pollock says the signs are everywhere, including the recent and very public missile launch off the coast of California. Pollock explains, “They are firing them in the direction of China. What is so amazing is the ocean is a vast place. They could have chosen anywhere to launch these missiles from and, instead, they launched them right next to a metropolitan area. So, really, they are sending a message to the people in the United States. More so than that, they are sending a message to the people in China. It’s definitely not directed at Russia. What the government wants you to see is the U.S. is this big powerful military strength type of country. It is in control of the world, and the reserve currency is worth something. We are a strong military power and, really, on a conventional sense, the emperor has no clothing. This use of a last resort weapon, the demonstration of it, is really a sign of impotence.”

    Pollock says the global economy is the key to the timing of war. The global economy is in a tailspin, and Pollock says, “War starts when China’s economy implodes. . . . The economy in China is coming to a halt. It’s in deflation. It’s in a depression. All the capital that has been pouring into China has been misallocated. It’s similar to the 1920’s in the United States. The onset of the boom-time and the follow-on depression. . . . People in China want to get out of China. They want their assets out of China. . . They see this is going to be a full blown deflation where debt is going to go bad.   People’s commitments are not going to be honored, and they might try to delay . . . bide for time and try the old formula first.”

    Pollock says China might be pressuring the Fed to raise interest rates even though the economy is sinking. Why? Pollock explains, “If the U.S. dollar gets stronger, that allows us to buy more Chinese goods.   First, the Chinese are going to call their friends in Washington and tell them to strengthen that dollar. . . . This will just make the pile of bad U.S. dollar assets bigger and bigger and will make the crash bigger and bigger.”

    Pollock says that the U.S. will go into the biggest financial depression in the history of the world. Pollock says, “Unlike we have ever seen, and it’s possible war is going to be the resetting mechanism. Let’s look at it from the perspective of China. Their economy goes bad and guess what? They are going to say the Japanese are evil. The Americans are evil. . . . Japan sees this war coming. Russia sees this war coming. To some extent, some generals in the U. S. see this war coming. They are stockpiling bullets. They have their heads in their asses in the Pentagon.”

    How does gold do in the coming depression and World War scenario? Pollock says, “I wouldn’t sell my gold for anything because it’s going to survive through this crisis. It’s going to survive through deflation. It’s going to survive through hyperinflation. It’s going to survive through war, assuming that you do.”


November 17, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Global Trade (Still) In Freefall: Imports Collapse At Largest Three US Ports


  • Global Trade (Still) In Freefall: Imports Collapse At Largest Three US Ports
    by Tyler Durden,  
    We’ve said it before and we’ll say it again: global growth and trade are grinding to a halt. Back in September, we flagged comments from WTO chief economist Robert Koopman who warned that after a “burst of globalization”, we are now “at a point of consolidation, maybe retrenchment.”

    “It’s almost like the timing belt on the global growth engine is a bit off or the cylinders are not firing as they should,”
    Koopman concluded.

    Trade growth, the WTO observed, has averaged just 3%/year since 2010. That compares rather unfavorably with around 6% a year from 1983 to 2008. “Few see any signs that trade will soon regain its previous pace of growth, which was double the rate of economic expansion before 2008. In 2006, global trade volumes grew 8.5%, compared with a 4% expansion in global GDP,” WSJ pointed out at the time.

    Besides being proof that trillions in global QE – not to mention DM central bankers’ descent into NIRP-dom – has been utterly insufficient to provide the global economy with the defibrillator shock it apparently needs, this also suggests that we may have entered a new era, where lackluster global growth and trade are systemic rather than cyclical.

    For the latest bit of evidence that global trade is indeed in free fall, look no further than the container terminals at the ports of Los Angeles, Long Beach, Calif. and around New York harbor which handle more than 50% of seaborne freight coming into the US. As it turns out, “peak” season turned out to be anything but. Here’s WSJ:

    For the first time in at least a decade, imports fell in both September and October at each of the three busiest U.S. seaports, according to data from trade researcher Zepol Corp.

    read more.


November 17, 2015 Posted by | Economics | , , , , , | Leave a comment

Jim Willie: FedRes’ Policies Attack Capitalism & Liberty – GOLD is the Solution (Part 1)

  • Published on Nov 15, 2015
    IN PART 1: 

    – The U.S. Dollar is a joke ►0:58  
    – Capital is under attack by the Fed’s policies ►15:46  
    – Can gold solve America’s financial problems? ►20:55  


November 17, 2015 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Bo Polny: November 2015 World Stock Market CRASH Begins and a Gold Silver Price Explosion

  • Published on Nov 12, 2015
    Financial Myth BUSTING with Dawn J. Bennett and Bo Polny Interview of November 8, 2015. The Coming Crash. Bo Polny, financial trends forecaster & publisher of Gold 2020 Forecast, on why the market is getting set to crater, why precious metals make for a strong short-term investment, and Friday’s jobs report.


November 16, 2015 Posted by | Economics, Social Trends | , , , , , , , , , , | 1 Comment

France Starts WW3? Wall Street Prepares for Massive Collapse


November 16, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , | Leave a comment

Nomi Prins Keynote Speaker Who Recently Addressed The Fed, IMF And World Bank, Warns “It’s All Coming To An End”

Global financial tsunami fast approaching!

Global financial tsunami fast approaching!

  • Nomi Prins Keynote Speaker Who Recently Addressed The Fed, IMF And World Bank, Warns “It’s All Coming To An End”
    Today Nomi Prins, the keynote speaker who recently addressed the Federal Reserve, IMF and the World Bank, warned King World News “It’s all coming to an end.”

    Eric King: 
    “Nomi, we went through a round of terror in 2008, and certainly China just went through that again recently when their stock market crashed along with the emerging markets, but when does this whole global Ponzi scheme finally come unraveled?”

    Nomi Prins: 
    “We are seeing small unravelings all the time.  Brazil is doing badly, Mexico is struggling, currencies around the world relative to the dollar are hurting, which means relationships of imports to exports and money coming into those countries are hurting.

    China has had problems but its central bank has been big enough and strong enough to boost it at least somewhat back up again.  The United States is in complete denial in terms of what the economic indicators are said to be vs what they actually are and how the markets themselves are being continually buoyed either by the Federal Reserve or the Fed’s associations with some of the big banks in terms of continuing to buy Treasury bonds…

    read more.


November 14, 2015 Posted by | Economics | , , , , , , , , , , , , , , , , | Leave a comment

World War Threats, Clinton Email Probe Widens, Confused Fed, Bad Economy

  • World War Threats, Clinton Email Probe Widens, Confused Fed, Bad Economy
    by Greg Hunter’ (WNW 216 11.13.15)
    It seems the world is preparing for war with threats of military action from around the globe. There is the recent incident of the U.S. Air Force flying a B-52 bomber close to man-made islands claimed by China in the South China Sea. Russia “leaked” plans for a nuclear torpedo that could be sent into a harbor and exploded. This is in response to the U.S. putting missile defense in Europe. Meanwhile, ISIS is threatening Russia in Syria and making a video saying “soon very soon Blood Will Spill Like Ocean.” Meanwhile, ISIS is making threats to Israel from the Sinai Peninsula. This is the same ISIS group that took credit for planting a bomb in the Russian passenger jet that murdered 224 people. I have Warren Pollock on next, and he says, “Everybody, including the U.S. Pentagon, see’s what’s coming and getting ready for global war.” Pollock has a very interesting take on things from war and what countries will be allies to internet surveillance that is used against you.

    The Hillary Clinton email scandal is getting worse for camp Clinton. The FBI is now reported to be widening the probe. The Bureau is looking into allegations of lying and making false statements. This apparently is not only for Ms. Clinton, but her staff as well. Now, some lawmakers say it is a given that Clinton had high level confidential information on that private server, and there were not the proper protections for it under the law. This could be qualified as “gross negligence” under the Espionage Act.  This is serious, folks. Legal experts say Ms. Clinton and her staff could be charged with things like lying to federal agents, obstruction of justice, gross negligence and many other possible charges. Martha Stewart spent five months in jail for one lie to a federal agent. No way can she win the White House even if she is not charged.

    The Fed seems schizophrenic. One day they talk of negative interest rates, the next they say they want to raise rates in December. I don’t know what they are doing, and I don’t think they do either. Headline out of USA Today, this week, says “Fed’s Williams: ‘Strong case” for Rate Hike.” In September, the Fed could not raise rates because the global economy and China was sinking.  Williams says global growth is“still fragile” but touts a paltry “2% growth. I wonder if Mr. Williams has seen the latest chart of the Baltic Dry Index. It’s been crashing since July. The IMF is, once again, warning the Fed not to raise rates. Other headlines, this week, are also very bad news. Gregory Mannarino of said the market topped in May, and his call is holding. Mannarino said, this week, the ECB was going to give some more easy money talk because the market was rolling over again, just like October.  That,s exactly what happened the very next day.  Here’s the link.   The next day, the head of the ECB was out on cue to give the happy talk, and this time it did not work. The markets sold off, and Mannarino says, “There is no way the market is going to go back to its old highs.” Whether the Fed raises rates or keeps them the same, there is going to be a downside.

Click on image for article.

Click on image for article.

Public serpent (ahem) servant Hillary Clinton. Click on image for article.


November 14, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The European Refugee Crisis Was Created To Bring About Chaos And War

  • Published on Nov 13, 2015
    US decides to lift sanctions on Liberia .Poroshenko gives Soros an award, the mastermind behind the coup d’état in Ukraine. Biden will visit Ukraine in December. The European refugee crisis was created to have chaos among the European nations and have them bickering while the US pushes a war. Russia ready to give a helping hand to Lebanon. FSA is dwindling as many flee to go home. Putin will stay in Syria until the job is done. Obama says that ISIS is now contained. US reports they are 99% sure they killed Jihadi John.

Believe! Believe! If you don’t: you are a terrorist ! Burn in Hell scum!



November 14, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Hangout with Jim Willie – October 28, 2015

    November 12th:  topics covered are Global Currency Reset with its delayed implementation and confusing aspects and ramifications, constructive cooperation between Russia & China, the Agenda-21 and its many ugly faces from Elite destructive pet projects, the prospect of lower oil prices and the resultant damage with specter of new energy sources, the wonderful independence of internet and freedom from controls, some personal career path details.


November 13, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Craig Hemke: Get Physical Metal Because the End is Coming. Huge Fraud at COMEX Covering Up Huge Demand for Gold

  • Craig Hemke: Get Physical Metal Because the End is Coming. Huge Fraud at COMEX Covering Up Huge Demand for Gold
    by Greg Hunter’s
    Financial expert Craig Hemke says not only is the 300 to 1 leverage at COMEX “extreme fraud,” but it also is a sign of record demand for physical gold. Hemke explains, “We have been at this number now for a couple of months. . . . Meaning that for every one physical ounce of supply in the vaults of COMEX, there are 300 beneficial owners. 300 paper ounces have been created. That leverage, that stress is telling us something. You get the anecdotal stories about the empty vaults of London and the stress of the gold that is flowing out of the vaults of London and out of the U.S., out of the UK and into Switzerland. There are stories of the refiners running 24 hours a day, 7 days a week, taking the old 400 ounce gold bar and . . . recasting them into kilo bars and shipping them to the East where the demand is. . . . It’s huge fraud to cover up huge demand. There is no doubt about it.”

    Hemke goes on to say, “I think we are finally starting to run out (of physical gold).   There are all these data points, but I can’t look at it and say, therefore, by Thanksgiving, all hell is going to break loose and the system is going to break. I am not going to tell you that, but what I will tell you, I am perfectly comfortable owning gold, and I have been perfectly comfortable accumulating it for the last three years while the price falls because I know this system is eventually going to fail and, when it does, the result is going to be spectacular.”

    Hemke goes on to say, “There is a reason why the futures markets are set up and utilized the way they are. It’s modern alchemy, and it is to suppress or control price, but you have to have this physical metal backing it. It is that that I think we are finally getting to the end of. When the music stops and everybody that has an unallocated account in London or Sydney or has GLD, all these folks who think they own gold, when instead, all they own is a paper obligation with counter-party risk. When the music stops, when the 300 people are circling one chair while the music plays, when they all try to sit on that chair at once and the world realizes there is nowhere near the amount of gold that was supposed to be there, let’s just say the price is not going to be $1,100 an ounce.”

    read more.


November 13, 2015 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment


Get every new post delivered to your Inbox.

Join 1,061 other followers