Socio-Economics History Blog

Socio-Economics & History Commentary

Has The Date Of The Economic Collapse Just Been Leaked?

  • Published on May 2, 2017
    The collapse of Home Capital Bank could be spreading to other lenders. Greece reaches debt deal but they need to give up more and the country will sell of more of the country. The auto loan subprime bubble will mimic the subprime real estate bubble. JP Morgan is selling stocks because it sees signs the economy is collapsing. Trump preparing to replace the banking regulator. Trump says maybe we should shutdown the government in Sept. Is he telegraphing the date the economy will start to come down.

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May 3, 2017 Posted by | Economics | , , , , , , , , , , , , , , , , | Leave a comment

Mike Maloney: Insane Bond, Stock and Real Estate Markets. China, Russia & India Buying Gold

  • Mike Maloney: Insane Bond, Stock and Real Estate Markets. China, Russia & India Buying Gold 
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release) 
    Financial expert Mike Maloney says what is going on in the economy is like a mass mental illness, especially when you consider the geopolitical risks and extreme valuations across the board. Maloney explains, “We have a stock market and real estate market and a bond market that are all insane.  We’ve got this crazy world where everything is at these valuations that are just impossible things.  That will cause a peak, and we are at a point where we are way overdue for a recession.  Recessions occur every four and a half years on average.  Just two months ago, this became the third longest expansion in U.S. history. . . . In 11 months, it becomes the second longest in history.  So, the chances of going into another recession sometime soon are very, very high.  The chances are on the order of 90% or higher right now for another recession.  When you couple this insane overvaluation of the stock markets, real estate is back in bubbles in most major cities . . . and this has been the perfect bull market for bonds, and at some time interest rates have to rise. . . . We are at the point now where we are going to hit big ruts and bumps in the economy, and the Fed has just taken the training wheels off of the bicycle. . . .This is the worst recovery in history.”


    read more.

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May 1, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , | Leave a comment

Manipulation Always Fails, The Next Economic Crash Is Going To Be A Horrific: Mike Maloney

April 26, 2017 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Paul Tudor Jones Has A Message For Janet Yellen: “Be Terrified”

  • Paul Tudor Jones Has A Message For Janet Yellen: “Be Terrified”
    by Tyler Durden, http://www.zerohedge.com
    Billionaire investor Paul Tudor Jones has a message for Janet Yellen and investors: Be very afraid. Echoing a number of recent high profile managers’ warnings…

    Guggenheim Partner’s Scott Minerd said he expected a “significant correction” this summer or early fall,  citing as potential triggers President Donald Trump’s struggle to enact policies, including a tax overhaul, as well as geopolitical risks.

    Philip Yang, a macro manager who has run Willowbridge Associates since 1988, sees a stock plunge of between 20 and 40 percent, according to people familiar with his thinking, citing events like a severe slowdown in China or a greater-than-expected rise in inflation that could lead to bigger rate hikes.

    Seth Klarman, who runs the $30 billion Baupost Group, told investors in a letter last week that corporate insiders have been heavy sellers of their company shares. To him, that’s “a sign that those who know their companies the best believe valuations have become full or excessive.”

    read more.

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April 22, 2017 Posted by | Economics | , , , , , , , , , | Leave a comment

There Are Bubbles Everywhere And You Need To Prepare For The Collapse: Jason Burack

April 20, 2017 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Creating Another “Crash of 1929”

  • Creating Another “Crash of 1929”
    by Jeff Thomas, http://www.internationalman.com/
    Regarding the Great Depression… we did it. We’re very sorry… We won’t do it again.
    – Ben Bernanke


    Waiting too long to begin moving toward the neutral rate could risk a nasty surprise down the road
    either too much inflation, financial instability, or both.
    – Janet Yellen


    In his speech above, future Federal Reserve Chairman Ben Bernanke acknowledged that, by raising interest rates, the Fed triggered the stock market crash of 1929, which heralded in the Great Depression.

    Yet, in her speech above, Fed Chair Janet Yellen announced that “it makes sense” for the Fed to raise interest rates “a few times a year.” This is a concern, as economic conditions are similar to those in 1929, and a rise in interest rates may have the same effect as it did then.

    So let’s back up a bit and have a look at what happened in 1929. In the run-up to the 1929 crash, the Federal Reserve raised rates to 6%, ostensibly to “limit speculation in securities markets.” As history shows, this sent economic activity south rather quickly. Countless investors, large and small, who had bought stocks on margin, would be unable to pay increased interest rates and would be forced to default. (It’s important to understand that the actual default was not necessary to crash markets. The knowledge that investors would be in trouble was sufficient to send the markets into a tailspin.)

    Mister Bernanke was quite clear in 2002 when he stated that the Fed would not make the same mistake again that it made in 1929, yet, then, as now, there’s been a surprise victory by a Republican candidate for president. Then, as now, a wealthy man who had never held elective office was unexpectedly in the catbird seat and had the potential to endanger the control of the political class, at a time when that political class had been complicit in damaging the system by creating massive debt.

    read more.

http://www.wnd.com/2008/03/59405/

Click on image for article.

http://www.infowars.com/federal-reserve-manufactures-greater-recession/

Click on image for article.

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April 19, 2017 Posted by | Economics, History | , , , , , , , , , , , , | Leave a comment

Jeff Brown: China Moves 30% More Funds into Physical Gold Bars – Ingots

April 14, 2017 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

Gregory Mannarino: FedRes Deliberately Created Bubbles to Save Itself

  • Published on Apr 11, 2017
    Analyst/trader Gregory Mannarino says, “The Federal Reserve has re-inflated a housing bubble. So now, those ‘toxic assets,’ those mortgage-backed securities are worth something. Now, they are going to sell these at a profit. The profit should going to the poor people who were kicked out of their houses and lost everything. That is not going to happen. The Federal Reserve has deliberately created bubbles to save themselves. If the Federal Reserve allowed the markets to do it’s one and only job, and that is to determine fair value, we’d be out of the woods by now. We wouldn’t be facing another war right now. They refused to do this. The free market has been stolen. We really could be on the edge of a major event that would force people into the debt market. There could be huge amounts of cash coming out of the stock market because of all this fear. There could be massive amounts of cash going into suppressed assets like gold and silver. Housing could come under pressure. We could be staring at the next real Great Depression.”


    In closing, Mannarino says, “The global debt problem is going to get monumentally worse. Let’s see anyone argue that. Does anyone here believe that the global debt problem is going to get better? That should tell you what you need to do. This is like adding 2 + 2. This should be so simple for people to understand what they need to do. . . . If you want to hold those pieces of paper with numbers printed on them, they are unbacked liabilities being dispersed by bankrupted governments. If you want to hold that, good for you. I can promise you I am going to be taking the opposite side to that trade, and I will win.”

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April 13, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a comment

Catherine Austin Fitts: US Dollar & US Empire Maintained by Corruption

  • Published on Apr 11, 2017
    During this 35+ minute interview Jason asks Catherine about the corruption trying to sabotage President Trump’s administration and his ability to get anything done. Catherine talks about the pervasive corruption at all levels of government “from sea to shining sea” and how it keeps the status quo going.


    Jason also asks Catherine whether Trump is a neocon or he’s been duped into the Syria strikes? Catherine has some interesting ideas about this. Jason then asks Catherine how many more times the Federal Reserve will raise interest rates in 2017?

    Catherine also discusses her Solari Report 2016 Annual Wrap Up, The Global Harvest & What It Means to Investors. Jason and Catherine discuss organic food and Catherine talks about how it’s an investable trend now.

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April 13, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a comment

James Rickards: This Is An Extinction-Level Event

  • James Rickards: This Is An Extinction-Level Event
    by http://www.silverdoctors.com/
    Submitted by Sprott’s Thoughts:
    James Rickards predicts the Fed will continue to raise rates and stall the economy.
    Transcript (edited for readability)
    Albert:  James, welcome back to The Power & Market Report. How are you?

    James:  I’m fine, Albert. Thank you. It’s good to be with you.
    Albert: First, before we start though, I want to let the viewers know that April 5 is the first anniversary of The New Case for Gold. So, congratulations on that.
    James:  Thank you.
    Albert:  And on April 7, you’re releasing the paperback edition of The Death of Money. So again, congratulations.
    James:  Thank you. And the paperback edition of The Death of Money as you know, Albert, New York Times Bestseller. It came out in 2014. A couple of things—you’re right, the paperback edition is coming out in a couple of days. It’s unusual. Usually a publisher would go to a paperback within about a year of the publication of the hard cover, but the hard cover, I’m happy to say, sold so well for so long that they delayed the paperback edition.

    But now the paperback edition is coming out. It has new material in it, so it’s not just a soft cover of the old book. It actually has some—a new preface I wrote that kind of goes over the material, shows why it has played out the way we expected and also adds entirely new material including new disclosures never before published on insider trading ahead of the 9/11 attacks. So, I’m very excited about this. It’s a very timely book. It’s still timely after a few years with some very new material included.

    Albert:  
    You know, I was going to joke at the beginning of the show that, you know, it’s been 3 months since we last talked and where is the new book? It turns out there actually is a new book.

    James:  Thanks.

    read more.
http://www.newdawnmagazine.com/Article/A_Global_Central_Bank_Global_Currency_World_Government.html

Click on image for article.

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April 12, 2017 Posted by | Economics | , , , , , , , , , , , , , , , , , , | Leave a comment

The Financial System Will Go Dark When The Economic System Fails: James Rickards

April 5, 2017 Posted by | Economics | , , , , , , , , , , , , , , , , , , | Leave a comment

Massive Stock Correction to Send Metals Surging & Elites to Lose – Steve St. Angelo

  • Published on Apr 4, 2017
    Fan favorite guest with some of the best energy & metals expertise we know is back. If you want the best raw statistics and analysis be sure to check his site. Steve’s on today to refute a few things our latest viral silver interview with Charles Savoie brought up including potential government metals nationalization. He also continues to hammer the fact that energy returned on investment (ROI) is collapsing fast, a point that Chris Martenson of Peak Prosperity has been championing as well; according to Steve we’re in for a wild ride! TOPICS IN THIS INTERVIEW:

    01:10 Gold, Silver to Surge if/when manipulation ends?
    02:50 Is there Risk for Silver Nationalization?
    04:20 In 1930’s Gold to Silver Ratio 4 to 1
    07:00 Gov more Likely to Grab Institutional Silver
    12:50 American standard of living collapse conspiracy
    17:10 Does Technology offset some energy ROI drop?
    19:20 Shale oil = way more energy investment vs conventional
    21:50 Food energy returned on investment dropping as well
    24:50 World’s largest oil companies debt is exploding
    27:20 Elite to lose control & wealth as economy blows up
    29:05 Secrets to why Nixon depegged dollar from gold
    32:40 Oil a big reason behind 1970’s gold price rally
    36:00 US Retirement trouble: Pensions & 401k’s withdrawls up

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April 5, 2017 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Insider Warns: Sophisticated Investors Are Preparing For Global Implosion: “Financial, Social, Geopolitical Turmoil Will Flare Up Like A Tinderbox”

  • Insider Warns: Sophisticated Investors Are Preparing For Global Implosion: “Financial, Social, Geopolitical Turmoil Will Flare Up Like A Tinderbox”
    by Mac Slavo, http://www.SHTFplan.com
    You’d never know it if you only followed mainstream financial pundits, but Russia and China have recently joined forces to bypass the U.S. dollar by establishing their own exchange to facilitate transactions and trade in gold. It seems the whole world, except for Western governments and central banks, understands that we’re facing a crisis unlike anything we’ve ever seen before.

    With U.S. financial markets at nearly all-time high valuations, an uncertain interest rate environment and the potential for a serious debt debacle as American politicians set to fight over raising the debt ceiling, Bryan Slusarchuk, President of Kenadyr Mining, warns that there are scores of catalysts that could set the whole tinderbox aflame:

    You’ve got a mess in Europe… a really uncertain outlook as to how this Brexit will occur… you’ve got geopolitical turmoil all over the middle east… you’ve got situations like North Korea… there are any number of things… financial, social, political… that can set this tinderbox off.

    In the following interview with Crush the Street Slusarchuk explains that while the average investor has thus far sat on the sidelines, major institutional players and sophisticated investors are positioning themselves for widespread uncertainty and the real possibility of a global economic implosion: (video top of post)


    read more.

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April 4, 2017 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , | Leave a comment

‘Three Wise Men’ Warn Crash Coming, Own Gold

  • ‘Three Wise Men’ Warn Crash Coming, Own Gold
    by Mark O’Byrne, http://www.goldcore.com/us/
    ‘Three wise men’ are warning that the next financial crash is coming and that one of the ways to protect and grow wealth in the coming crash will be to own gold.


    The men who have recently warned are Jim Rogers (video below), Martin Armstrong (blog below) and Tony Robbins (video below). Each come from somewhat different backgrounds and are respected experts in their respective fields.

    Each has different views in terms of asset allocation and how best to weather the coming financial storm but all are united in believing that gold will act as a wealth preservation tool and will likely rise in value when other assets fall.

    Jim Rogers is a world renowned investor who co-founded the Quantum Fund with fellow investor George Soros.  He is an investor, traveler, financial commentator and author who believes that this will be the ‘Asian Century.’

    read more.

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April 3, 2017 Posted by | Economics | , , , , , , , , , , | Leave a comment

James Rickards: Trump Didn’t Get a Honeymoon — He Got a Burning Bed. Money Riots Coming in Next Financial Collapse

  • James Rickards: Trump Didn’t Get a Honeymoon — He Got a Burning Bed. Money Riots Coming in Next Financial Collapse
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Financial expert and four time, best-selling book author James Rickards says there is no avoiding another economic collapse. Every time the economy suffers a setback, such as recently hitting a $20 trillion debt ceiling in the United States Congress, things get a little worse. Rickards explains, “The point of my books, ‘The Death of Money’ and my more recent book ‘The Road to Ruin,’ is that these are like snowflakes building up to cause an avalanche.  The avalanche is the instability of the financial system as a whole.  The concentrations of assets among the banks, the interconnectedness of the system, and almost a $1 quadrillion, not $1 trillion, $1 quadrillion, that’s a $1,000 trillion of notional value of derivatives, all these things are unstable.  What does it take to cause that avalanche?  What does it take to cause a loss of confidence in the system?  These are major body blows.  When you say the government will shut down or you say the government can’t borrow, the Congress is really playing with fire here.  We are going through some very dangerous periods.  I am not saying the system is going to collapse in the next 30 days.  I am saying the system is very vulnerable to collapse, and it will collapse sooner than later.  These are the kind of things that can cause it. . . . We are really playing with fire here.”

    So, could we be facing a “Mad Max” world if the financial system totally crashes? Rickards says, “In ‘Road to Ruin,’ I talk about what I call the money riots.  There is a lot of reasons for rioting.  When you start shutting banks and the stock exchange and they say you can’t get your money, it’s only temporary, trust us, people will go out and start to burn down banks.  The government is ready for that also with emergency response and martial law. . . . Governments don’t go down without a fight. . . . You can see the shutdown coming because they will try to buy time until they come up with a solution, whether it’s gold, Special Drawing Rights (SDR), guarantees or whatever it might be.  There are only two or three possibilities here, but all of them will take time, and they will have to shut down the system. . . . People will not sit for that.  So, that means people will riot.  They’ll burn down banks.  They will smash windows, but what is the reaction to that?  The answer is martial law, militarized police, actual military units and you get something that looks like fascism pretty quickly.”

    read more.
http://www.newdawnmagazine.com/Article/A_Global_Central_Bank_Global_Currency_World_Government.html

Click on image for article.

9 Jan 1988 cover, The Economist: Get Ready for a World Currency by 2018! The Rise of the Phoenix world currency from the ashes of national fiat currencies ie. destruction of fiat currencies via hyperinflation. “Phoenix” is of course an occult metaphor. Out of the destruction, the ashes of the old world order, the Luciferian New World Order will rise like a Phoenix!

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April 3, 2017 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , | Leave a comment