It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
For example, let’s talk about the price of oil. There are only two times in history when the price of oil has fallen by more than 50 dollars in a six month time period. One was just before the financial crisis in 2008, and the other has just happened…
We are looking at a full-blown fracking bust, and this bust is already having a dramatic impact on the economies of states that are heavily dependent on the energy industry. In recent years, Wall Street banks have made a massive amount of money packaging up energy industry loans, bonds, etc. and selling them off to investors. If that sounds similar to the kind of behavior that preceded the subprime mortgage meltdown, that is because it is.
At the same time, we are also witnessing a slowdown in global trade. This usually happens when economic conditions are about to turn sour, and that is why it is so alarming that the total volume of global trade in January was down 1.4 percent from December. According to Tyler Durden of Zero Hedge, that was the largest drop since 2011…
...new orders for consumer goods are falling at a rate not seen since the last recession…
Well, what about the stock market? It was up more than 200 points on Monday. Isn’t that good news? Yes, but the euphoria on Wall Street will not last for long. When corporate earnings per share either start flattening out or start to decline, that is a huge red flag. We saw this just prior to the stock market crash of 2008, and it is happening again right now.
According to CNBC, a lot of the “smart money” is pulling their money out of the stock market right now while the getting is good… Recent market volatility has sent stock market investors rushing for the exits and into cash.
It doesn’t matter if you are a millionaire “on paper” today. What matters is if the money is going to be there when you really need it. At the moment, a whole lot of people have been lulled into a false sense of complacency by the soaring stock market and by the bubble of false economic stability that we have been enjoying. But under the surface, there is a whole lot of turmoil going on. Those that are looking for the signs are going to see the next crisis approaching well in advance. Those that are not are going to get absolutely blindsided by what is coming. Don’t let that happen to you.
originally posted by: SirKonstantin
The Stock and Economy is like a HUGE Piggy Bank. When It's Full, TPTB take it away for themselves, This is Called the Stock Market Crash.
When they "FIX" it, TPTB are just replacing the Old Piggy Bank(full) with a New Piggy Bank(empty).
And the Cycles Continues....
Great Find BTW!
Regards,
originally posted by: FamCore
Global trade slowing (December to January was the biggest drop in 4 years):
originally posted by: FamCore
a reply to: bobs_uruncle
None taken, I completely hear what you're saying. It does get annoying when you hear the same financial analysts/economists/journalists saying the same things, over and over again.
But for me personally, it's a matter of what you do with the information (or if you choose to even absorb it or neglect it's presence entirely). I don't get stressed or anxious when I read up on these things - it's just a way for me to get an idea of what's going on.
What's most interesting is watching things change/adjust their values on the global marketplace, while other geopolitical events are taking place (i.e. wars or treaties).
I'm not thoroughly educated on the financial systems or economics, but it does interest me. And when you look at things side by side, and see how world affairs are correlating with economic fluctuations it just paints a clearer picture.
originally posted by: AugustusMasonicus
originally posted by: FamCore
Global trade slowing (December to January was the biggest drop in 4 years):
A very large part of that were the west coast port issues which caused ripples throughout the trans-shipment industry. This will not be fully cleared until eh end of this month and you should see a rebound in global container shipments.
originally posted by: soulwaxer
I sold my half of the house to my ex last year. I had paid off some of the mortgage so am left with about 70 grand in the bank. I'm not very knowledgable when it comes to economics, but from my reading and connecting dots, I'm inclined to agree that a crash is inevitable. My initial intent was on buying another (smaller) house, but I'm wondering if it might not be better to hold onto the cash and buy something after the crash. Does anyone have any recommendations? Thanks!
soulwaxer
Due to run out by 2033 www.google.com...
originally posted by: hearows
Isn't the social security fund itself in danger of running out of funds?