Socio-Economics History Blog

Socio-Economics & History Commentary

Dave Janda: Deep State Lashing Out Because it is Losing

  • Trump Blaming Fed for Next Market Crash – Dave Janda
    by Greg Hunter’s USAWatchdog.com  (Earl Sunday Release)
    Radio host Dr. Dave Janda says everybody in Washington knows the next big crash is right around the corner. It’s been 10 years since the Fed reflated the last meltdown, and Dr. Janda says President Trump is already blaming the Federal Reserve for killing the economy that his policies revived. Dr. Janda explains, “President Trump has been pointing the finger at the Fed. He’s been pointing the finger at the Fed, and that is exactly where he should be pointing. The globalist syndicate’s tentacle is the central banking system, and, in particular, in the United States, the Federal Reserve.

    The Federal Reserve is one of the entities that is directly responsible for this financial mess our country is currently in. You would never see Obama or the Bushes, or Bill Clinton, point at the Fed and say what Trump has said. Trump said, ‘I think the Fed has gone crazy. I think the Fed is making a mistake. They’re so tight with interest rates. I think the Fed has gone crazy.’ Just the other day, Trump said, ‘My biggest threat is the Fed. . . . The Fed is raising rates too fast, and it’s too independent.’ Now, wait a minute, listen to that. It’s too independent. When was the last time a president of the United States said the Fed was too independent? . . . . Banking groups, that is their priority. So, when the President says the Fed is raising rates too fast, and it’s my biggest enemy, and too independent, what he is saying is they are looking out for their own interests. They are not looking out for the interests of our country or for you or for me or for any American, and he’s right. I don’t know of any other president that has had the guts to say this.”


    So, what happens next? Dr. Janda says, “Trump knew this thing was rigged to blow, the economy, the financial system, and when the right time came, he would start pointing the finger at the globalists, the Fed. I believe that’s where we are right now.”

    On the Democrats taking back control of the House, Janda says the blue wave will turn into a red tsunami. One Democrat after another, including Hillary Clinton, has threatened violence if Democrats do not take back the House of Representatives. Janda says, “These are not statements from people that are in positions of power or people that are riding a blue tsunami to victory in the midterm election. These are people that are potentially drowning in a red wave, and they know it because their internals are telling them that. This is why they are acting out.”

    read more.
https://www.newsweek.com/trump-jackson-slave-native-american-568346

Trump has already honored Jackson by hanging his portrait in the Oval Office just days after moving into the White House. But Trump and those around him have invoked the example of the man who served as president between 1829 and 1837 since before he even moved into the house Jackson once called home. Source: Newsweek

end

October 22, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , | Leave a comment

The European Financial Establishment Has Just Declared War on Italy

  • CNBC Life Published on Oct 19, 2018
    Jeroen Dijsselbloem, former president of Eurogroup, says there will likely be a “confrontation” between the European Commission and Italy.
  • The European Financial Establishment Has Just Declared War on Italy
    by https://gefira.org/
    This week in a CNBC interview Jeroen Dijsselbloem, the former Dutch minister of finance who served as the President of the Eurogroup, declared war on the Italian government. The European financial establishment is prepared to destroy the banking system and cause the Italian economy to implode. Like a Mafia boss, Dijsselbloem warned that Italy could run into trouble if it does not comply with Brussels’ directives. Of course, his statement was cloaked in diplomatic language:

    “If the Italian crisis becomes a major crisis, it will mainly implode into the Italian economy … as opposed to spreading around Europe,” he said. “Because of the way that the Italian economy and the Italian banks are financed, it’s going to be an implosion rather than an explosion.”

    For a man of this format it is unusual to publicly expose Italy as a state in a weak negotiating position or try to act as a scaremonger. We have never seen anything remotely like that, so we think that the utterance could only serve the purpose of giving the green light to the financial markets to orchestrate an attack on Italian bonds so as to drive Italian yield up.

    “And there is gonna be a role for the markets, I mean if you look at what Italy needs in funding next year alone we are talking about over 250 billion Euro, refinancing part of the stock of their debt and also, of course, these new spending plans. So markets will really have to look at that very critically.”

    read more.

end

October 22, 2018 Posted by | Economics, GeoPolitics | , , , , , , | Leave a comment

Bond and Stock Market Crashes Ahead | David Morgan

  • FinanceAndLiberty.com Published on Oct 19, 2018
    “We’re witnessing the beginning of the end, in my view,” David Morgan tells us. After a 40-year bull market in the bond market, we’re beginning to see a hint of a change. Rates are increasing. Now the ten-year Treasury yeild is at a five-year high. Morgan says this recent sell-off could be the beginning of a crash. If stock’s have another five-percent correction by the end of November, that would be a confirmation for Morgan the market could be headed for a major crash. Last week’s stock market sell-off moved money not into bonds, but into gold and silver. What will it look like when the precious metal bull market really takes off? Find out in this interview!

end

October 20, 2018 Posted by | Economics | , , , , , , , | Leave a comment

Economy Signaling Warning, Illegal Alien Caravan, 2018 Midterm Update

  • Economy Signaling Warning, Illegal Alien Caravan, 2018 Midterm Update
    by Greg Hunter’s USAWatchdog.com (WNW 357 10.19.18)
    The stock and bond markets look like they are wobbling and signaling a warning. One day the stock market is up 500 points, and the next it’s down 800 points. Gregory Mannarino of TradersChoice.net says, “Nothing is real and everything is fake.” The bond market is also gyrating up and down along with interest rates. With global debt at all-time record highs, even a small spike in interest rates could cause the whole financial system to come tumbling down without notice. The financial asset bubble blown to reflate the losses of 2008 could, once again, correct to fair value from a much higher high. Mannarino has long said everything will eventually correct to fair value, and that will look like a bigger disaster than the 2008 meltdown.

    The caravan of an estimated 4,000 illegal aliens from Central America is trying to make the long trip from southern Mexico to the southern border of the U.S. President Trump says it is yet another desperate stunt implemented by Democrats and the global elite.   Trump has threatened the Central American nations these folks are coming from with a cut off of U.S. foreign aid. This seems to be working to stop the caravan. Trump has also said if Mexico does not stop the caravan, then he will deploy the military and stop them from coming into America.

    Democrats think they are going to retake the House of Representatives in November. If they win, the Speaker of the House will, once again, be Nancy Pelosi. Pelosi has promised massive gun control and open borders. The Dems cannot win with this message. So, they will have to cheat, and Trump and the Republicans will try to stop the voter and election fraud that the mainstream media is reporting as GOP voter suppression.

end

October 20, 2018 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

The System Died. The Reset is Coming — Lynette Zang

  • SGTreport Published on Oct 18, 2018
    Seven interest rate increases by the Federal Reserve since Fall of 2015 and still the 30 year sits at 3.1? Meanwhile, President Trump criticizes the Fed for raising rates too quickly and says the Fed is the biggest threat to our economy, and what happens? The markets suddenly crash. The fix is in. But you already knew that. Lynette Zang joins me to discuss it and she says the system died in 2008, and we are in the final stretch before the reset Rothschild’s Economist magazine predicted would come this year.

end

October 19, 2018 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Here Comes the ECB with a “Bubble” Warning, After it Caused the Most Absurd Bond Bubble Ever

  • Here Comes the ECB with a “Bubble” Warning, After it Caused the Most Absurd Bond Bubble Ever
    by , https://wolfstreet.com/
    “The ECB cannot and should not turn a blind eye to risks to financial stability.”

    “Maintaining financial stability is about two things: First, it is about preventing the build-up of bubbles; second, it is about making the system more resilient,” said ECB Executive Board Member and Vice-Chair of the ECB’s Supervisory Board, Sabine Lautenschläger, today in a speech. It’s not often that central bankers are allowed to use the B-word in public, except when denying that bubbles exist, or when denying that they can be identified if they do exist.

    “Prices of several asset classes are influenced by the central bank’s policies,” she said. And these policies of the ECB include:

    * A negative interest rate policy (NIRP), with the ECB’s deposit rate a negative -0.4%;
    * An asset purchase program (QE) where the ECB buys government bonds, corporate bonds, asset backed securities, and covered bonds.

    These policies have driven yields of many government bonds and some corporate bonds into the negative. The ECB’s balance sheet has swollen with assets. Borrowing for some countries and companies has become essentially free. Asset prices have surged, including the prices of homes, stocks, bonds, commercial real estate, etc.

    Even at the riskiest end, junk bond yields dropped to a ludicrously low 2.1% by October 30 last year (ICE BofAML Euro High Yield Index Effective Yield), though they have lost some steam since (when bond yields fall, bond prices rise). These policies have triggered the most dizzyingly absurd corporate bond bubble ever.

    read more.

end

October 17, 2018 Posted by | Economics | , , , , , , , , | Leave a comment

Gerald Celente – Financial Emergency: As Forecast “Economic 9/11?”

October 17, 2018 Posted by | Economics | , , , , , , , , , , , | Leave a comment

Global Markets Continue To Fall As Bloomberg Warns “The Next Financial Crisis Is Staring Us In The Face”…

Global economic, financial and currency meltdown approaching!

  • Global Markets Continue To Fall As Bloomberg Warns “The Next Financial Crisis Is Staring Us In The Face”…
    by http://theeconomiccollapseblog.com/
    It looks like it could be another tough week for global financial markets.  As the week began, markets were down all over the world, and relations between the United States and Saudi Arabia have taken a sudden turn for the worse.  That could potentially mean much, much higher oil prices, and needless to say that would be a very bad thing for the U.S. economy.  It has really surprised many of us how dramatically events have begun to accelerate here in the month of October, and the mood on Wall Street has taken a decidedly negative turn.  Yes, U.S. stocks did bounce back a bit on Friday (as I correctly anticipated), but it was much less of a bounce than many investors were hoping for.  And this week got off to a rough start with all of the major markets in Asia down significantly…:

    In the Greater China region, the Hang Seng index in Hong Kong fell by around 0.9 percent in early trade. The Shanghai composite also slipped by 0.33 percent while the Shenzhen composite bucked the overall trend to edge up by 0.4 percent.

    In Japan, the Nikkei 225 fell by 1.48 percent in morning trade, while the Topix index slipped by 1.17 percent, with most sectors trending lower.

    But what happened in Asia was nothing compared to what we witnessed in Saudi Arabia. At one point the stock market in Saudi Arabia had plummeted 7 percent after news broke that President Trump warned that the Saudis could face “severe punishment” for the disappearance of journalist Jamal Khashoggi.

    The Saudis are denying doing anything wrong, but everyone agrees that he is missing, and everyone agrees that he was last spotted entering the Saudi Consulate in Istanbul on October 2nd.

    read more.

end

October 16, 2018 Posted by | Economics | , , , , | Leave a comment

Jamie Dimon Warns of Impending Global Event?

  • JAMIE DIMON SOUNDS WARNING ABOUT ‘GEOPOLITICAL ISSUES BURSTING ALL OVER THE PLACE’
    by https://stockboardasset.com/
    * J.P. Morgan Chase CEO Jamie Dimon raises concerns that rising interest rates and geopolitical flareups could derail U.S. economic growth.
    * While rising rates amid a strong economy are good during periods of inflation, they could eventually put a halt to the nearly decade-long economic growth cycle, he says.

    via @hugh_son 
    J.P. Morgan Chase CEO Jamie Dimon raised concerns Friday that rising interest rates and geopolitical flareups could derail U.S. economic growth. “The economy is still very strong, and that’s across wages, job creation, capital expenditure, consumer credit; it’s pretty broad-based and it’s not going to be diminished immediately,” Dimon said in a media conference call following his bank’s earnings report. “I was pointing out the probabilities that I thought were higher that rates would go up. I still believe that. I do think you’re going to see higher rates.”

    While rising rates amid a strong economy are good, they could eventually put a halt to the nearly decade-long economic growth cycle, he said. Dimon said later in a conference call with analysts that benchmark rates could reach 4 percent. The 10-year Treasury yield was last at 3.16 percent, up significantly in the last month, a move that sparked the longest decline in the S&P 500 in almost two years.

    read more.

end

October 15, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , | Leave a comment

Stock Bubble Bigger Than 2008 & Coming Crash Far Larger, Warns Peter Schiff

Global economic, financial and currency collapse fast approaching!

  • Stock Bubble Bigger Than 2008 & Coming Crash Far Larger, Warns Peter Schiff
    by https://www.rt.com/
    Wall Street and the US economy are on the verge of recession, according to the CEO of Euro Pacific Capital, Peter Schiff, who has raised alarms after this week’s market selloff.

    “This is a bubble not just in the stock market, but the entire economy,”
     he told Fox News. Schiff predicts a recession, accompanied by rising consumer prices, that will be “far more painful” than the 2007-2009 Great Recession.


    “I think as Americans lose their jobs, they are going to see the cost of living going up rather dramatically, and so this is going to make it particularly painful,” he said.

    Stock markets sank on Wednesday and Thursday, led by a steep decline in tech shares and worries of rapidly rising rates which made investors flee the risky stocks.

    Both the Dow Jones Industrial Average and S&P 500 posted their biggest one-day drops since February. The Nasdaq notched its largest single day sell-off since June 2016. US President Donald Trump has blamed the central bank for the selloff, saying the Federal Reserve “has gone crazy.”

    According to Schiff, the Fed has been acting irrationally for a long time: “What is crazy is for the Fed to believe that they can raise interest rates without pricking their own bubble.”

    read more.

end

October 15, 2018 Posted by | Economics | , , , , , , , , , , , | Leave a comment

Over 50% Stock Crash Coming | Michael Pento

  • SilverDoctors Published on Oct 11, 2018
    Michael Pento tells us beginning now and going into 2019, the stock market will be moving quite differently then the last couple years. The U.S. stock market is 140% the size of the economy. Normally, it should be 60%. Pento tells us a revaluation is coming: a 50% decline in the stock market. This is healthy for the stock market’s long term viability, he says. We are starting to see a sell-off right now. The Dow is at a level we haven’t seen since August. And the sell-off is world-wide. The global index FTSE recently dropped to it’s lowest point since April.  The nucleus of the bubble though is in the corporate bond market, Pento says.

end

October 15, 2018 Posted by | Economics | , , , , , , , , , | Leave a comment

The Political Atmosphere Has Changed, Banks Will Distance Themselves From The FedRes: Lior Gantz

October 15, 2018 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

JIM ROGERS: Worst Crisis In My Lifetime — Global Financial Collapse

  • SilverDoctors Published on Oct 12, 2018
    Stocks are selling off. Could this be the beginning of the end? Legendary investor Jim Rogers talks to Silver Doctors. How bad will the next crash be? Stocks will fall over 50%, he says, just as it has in previous bear markets. He predicts the next crisis will be the worst in his lifetime. While gold and silver have held up well during the sell-off over the last couple days, Rogers says the precious metals’ could fall. Lastly, Rogers talks commodities other than precious metals. He says sugar is 80 percent below its all time high.

end

October 15, 2018 Posted by | Economics | , , , , , , , , , | Leave a comment

Biggest Market Crash of Our Lifetime is Coming: Economist Harry Dent

  • Fox Business Published on Oct 10, 2018
    Economist Harry Dent discusses why he expects the stock market to crash in the next few years.

end

October 12, 2018 Posted by | Economics | , , , | Leave a comment

International Markets Plunge Amid US Monetary Dispute

  • PressTV Published on Oct 11, 2018
    International stock markets have plunged amid monetary policy dispute between the US Federal Reserve and the White House. European benchmark indexes including London’s FTSE-100, Frankfurt’s DAX and Paris’ CAC-40 all slumped.

end

October 12, 2018 Posted by | Economics | , , , , , , , , | Leave a comment