Global Economic Crash Late July!, page 4

Some more indicators of the mounting and varied economic factors that support this Crash though by July I am not soo sure defiantly by end of year beginning of next. As Inflation soars due to oil and energy costs.

Yesterday in the UK consumers were told by the main providers to expect their Home Fuel bills to rise by 40% by the time winter is here.

That is after massive rises in recent years/months anyhow.

The Governor of the Bank of England stated yesterday
BBC

The UK faces its "most difficult economic challenge for two decades", the Bank of England governor has said.

In his Yearly speech at the Mansion House.

Now what are the central bankers to do? lower rates to allow liquidity back into the market, stopping the recession becoming a depression or raise rates to stave of fears of Inflation?

Today the picture became even more difficult and confusing for the Central bankers in the UK, to be honest their impotence to control the worlds money markets, as the markets are based on oil (25% or more of the entire FTSE 100 is based on Oil stocks, that’s a quarter of the British economy! a quarter of the worlds 4th largest economy is based on Oil, as oil supplies drop prices going up may seem good. They certainly are Now for the rich investors and shareholders dealers, but its such a short lived cherry.... inflation is soo linked to this, please see my link in previous post above.... what are they too do? in reality it matters not just stalling games, smoke and mirrors the bull is definitely in the china shop and about to start running about..

Sales rose by 3.5% during May, the strongest monthly growth since January 1986, statistical office figures show.

Unfortunately this 'shop till we drop' attitude will sow the seeds of its own demise. The risk of rate rises followed by a recession has just gone up

Ian Kernohan,
Royal London Asset Management
Source

Some info if you hear a politician saying "recession" or a economist change it too "depression" it has now been fiscally proved that the US and UK are in recession, we are not waiting for it if you use true figures and correct data streams, the fear is the depression.

Rise rates, increase the depression control inflation (but only a bit because rates don’t control Oil prices the true driver of inflation)

Lower rates and save the banks homeowners businesses but let inflation take off like a rocket?

No where to go except world War.... maybe there is another continent like China we haven’t discovered yet?

The deals done, buy commodities and only save in organisations that back your money with gold (I wont advertise but you can save in gold in Switzerland. Pay your debts off before the collapsing organisations get very very very aggressive in reclaiming them and to stop them from becoming more when they are administered by a buyout/liquidation, invest in information get reskilled in things that have a premium in an economy based on Real Knowledge, I.e. agriculture, etc.

Good Luck and wake up its like saying its not going to RAIN HERE BECAUSE THE DARK CLOUD YOU CAN SEE COMING IS NOT OVER YOU YET, if no one sees this coming. and prepares.

I normally berate and object to "doom and gloom" "its all going to end now" were screwed etc" but this is really here, and very very apparent, look closely guys and you will all of a sudden think How the F did that elephant get in my living room without me noticing... what to do now how to get it out? well a bit late then eh?

Kind Regards,

Elf