Headed for another recession?

Saw this article. Wouldn't put this in as doom porn. Highlight several areas of concerns, things currently happening. Combine this with what's really pretty weak retail sales considering unemployment rate. Like 23 countries with stock markets on the decline. Fact is we have no magic tricks left for a recovery, used them all during 2008 - 2011


Doomsday clock for global market crash strikes one minute to midnight as central banks lose control

www.telegraph.co.uk...
No more tricks for next recovery

www.wsj.com...

Plus China currency/market issues. Not screaming the sky is falling, keep an eye on your money.

edit on 18-8-2015 by Reallyfolks because: (no reason given)

a reply to: Reallyfolks

I think you spelled depression wrong. The next collapse, correction, etc., I expect will make 1929 to 32 look like a walk in the park. We didn't have the weapons then, that we have now and it seems war is used as the economic stimulus to get countries out of a depression.

Cheers - Dave

When the Fed finally stops the Quantatative Easement pump, we'll crash.

And crash hard.

a reply to: bobs_uruncle

My bad on spelling. But had I spelled it properly it would immediately be doom porn no matter what else is in the post. Good looking out.

i wasnt aware we had recovered from the last one.

a reply to: autopat51

How many others think we have? Why great unemployment numbers, stocks are beautiful, low interest rates. It's all gravey right, or I think, or , never mind

The epic world wide economic crash has been fallacy that has been tossed around for over a decade and won't happen. There is a process going on with economic decline but it is very slow. So slow that people will grow accustomed to the changes and accept it as just the status quo.

a reply to: eManym

Would your take on the attached articles and the data being shown is that that are inaccurate, overblown? I guess the biggest question is since we have no more padding left what's the move with another economic downturn?

The fiat currency system took many years to take hold in this country- but once it did, they had a vision. A hundred years to bankrupt the greatest nation on earth.
They were foolish, of course- their plan was to steal all the gold. They succeeded, but gold has no real value anymore- it's only uses are in manufacturing and jewelry, and with nobody having any it's unusable as a currency.

So there they sat, old and dying, when their rich half-wit sons took over back in WW2. They understood their fathers game, but not the point- and they kept it going strong, moving the wealth from the many to the few. The last of the screams were snuffed out in the 70's as the rich halfwit sons passed their legacies onto their sons.

Who is left running things?
Rich idiots, raised by the wealthy.

The currency is being pushed for worldwide use, but it won't be long before people lose faith in it- and with nothing else to back it, it will vanish like dandelion fluff in the wind.

Hope you've got some ramen in the cabinet.

Sigh....


Some would argue we never have corrected the depression....

We just buried it.. Ahem...

As a matter a fact you can still see it...

a reply to: lordcomac

damn so depressing but allot of truth in that post...

originally posted by: lordcomac

Hope you've got some ramen in the cabinet.

Bullets and liquor... bullets and liquor....

Well having 5 acres raising your own beef and growing your own food if need be also doesn't hurt either...

While the world economy is weak and full of problems (brics, eurozone, venezuela, middle east, sanctions and tensions) the financial markets have been rising steadily, based on nothing since the fundamentals are very weak or simply bad and getting worse.
But they do not seem to matter anymore, the markets will just suddenly close green at the end of the day thanks to the PPT
Or do algo's have something to do with it? since the flash crash i lost all faith in the financial markets!

a reply to: earthling42

They are rising based on income inequality. They are fantastic for people with assets and liquidity to invest but if you don't have that it's horrible.

There's different Americas. One for the rich and one for the poor.

IN the end...


Love is all that is gonna matter...

All this material..... Will be empty...


Just saying....

It is all inevitable... We are all gonna, die.. everything is gonna come to an end...

We see it coming...

It's a long time coming indeed.... Yet we see it coming, and it is close... Closer than many may think...

No sense in worrying about it... We all hear it coming...

Don't stop what your doing each day to fret about it...

We are all caught in it's gravity.. We will all be part of it...

Until then... Don't stop trying... Don't give up...

It is odd how the media explain this.

They state that it is China that have hit a brick wall in world economy, and at the same time they say that their exportt is Down. That does not indicate that the Chinese economy hit a brick wall. It actually tells China that we have hit a brick wall....the consumers. If chinese iron goes from 140 to 50 dollars on the market, it is not China that is failing it is the world market that cant pay 140 dollars for a metric ton of iron. If the dollar goes up, a 140 dollars a metric ton iron is actually just become a lot more expensive to buy since other curancies must convert their currancy to dollars to buy the iron.

In reality the dollar has not gone up at all. If you have to put more dollar bills on the table for a item it means the dollar just lost more of its value. The US dollar have just been devalued indirectly by China. But it is not just the US dollar that have been indirectly devalued, the Pound and the euro as well. But the irony is that we are being told that China devalued their Yuan. What China did was to give some of their US bonds back to the market and the Feds had to pay up. THis is what happeneds when the world is run by a federal sentral banking system.

China just declaired war on the US. China declaired war on the US federal banking system.

a reply to: spy66

Why don't you just explain it as it is


The media lies

American dumb public actually thinks China will collapse before the US

American public no longer even knows for surplus

They've never heard of it

One month left then we are all in the same boat!!! Let the flood begin!! I'm gonna enjoy this ride if I dont die!!

I've got the feeling sometimes that it's all BS to push robotics forward and flush humanity to destruction and fear . Remember that their are companies that really earn big money in recessions,and steer us to new boundaries we don't want to go..

originally posted by: yulka
One month left then we are all in the same boat!!! Let the flood begin!! I'm gonna enjoy this ride if I dont die!!

The stock market players always do this before any major interest rate hike decision.
Then the Fed decides the economy is too weak and they are not going to raise interest rates after all.
What we have been digging is just a nice bucket of sand to build the next castle turret with on the longer term chart.