global economy

The Global Bubble Is Popping [Audio]

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SGT Report – Researcher and writer Dave Kranzler from Investment Research Dynamics joins me to discuss the global economic Ponzi scheme. As Deutsche Bank warns a “perfect storm” is developing – and as we see with the Chinese stock market so far in 2016, the global bubble is now popping. Meanwhile as Amazon.com still enjoys a nearly $300 Billion market cap and exemplifies the very definition of “Ponzi scheme” the global physical silver market has an estimated global market value of only $70 Billion AT MOST, remaining one of the most undervalued assets on earth.

https://youtu.be/2Q034s7HnH0

SF Source SGTreport.com  Jan 2016

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Collapse in Credit Coming – Chris Martenson [Video]

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Martenson Greg Hunter – Co-founder of Peak Prosperity and economic researcher Dr. Chris Martenson warns the next financial collapse will start with a default in the credit markets. Dr. Martenson explains, “Demand is down. Supply is down. That’s the underlying story. We think the first part of this story is these credit instruments will get wiped out. It could be a sovereign default. Who’s first? That is the question in the world. Is it going to Venezuela? Is it going to be Brazil? Could it be Turkey?

Interesting story about Turkey with the downed Russian jet. We just don’t know. If we have a big sovereign default in one of these countries, that could be the trigger. Maybe it’s a company like Glencore that would be a repeat of Lehman. We just don’t know, but we do know there is going to be a collapse in the credit, and then we will have the next stage of this where the central banks freak out one more time and pour more money into the markets. We believe, this time, money will be given to people like you and me. . . . Once the Federal Reserve sends you and me money, whether it’s a tax rebate or check, it doesn’t matter. You should run, not walk, and buy anything you possibly can with that because that is the next stage of this story. Stage one is collapse.”

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Can’t this go on as long as the Fed prints money? Martenson says, “The way we have constructed the economy is unsustainable. Everybody knows that. You can’t grow infinitely on a finite planet. Look at the debt. We have added $57 trillion of new debt to the world since the crisis in 2007–$57 trillion. How much has the global economy grown in that span of time? The answer is about one-fifth as much. Anybody knows you can’t grow your debt faster than you are growing your income. That’s the system we are trying to sustain. We don’t think it’s sustainable, which is why we say people need to begin preparing, but we think there is a way to prosper too. Everything we see now is confirming that we are at the beginning of a very long period of very disruptive adjustments.” Continue reading →

Financial Meltdown Starts Before End of Year-Doug Casey [Video]

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caseyGreg Hunter – Best-selling author and economic expert Doug Casey says another financial meltdown worse than the last one is coming soon. Casey says, “I was saying in 2007 that we were going into a gigantic financial hurricane. It hit in 2008 and 2009. For the last few years, we have been in the eye of the storm of this gigantic hurricane. Now, as we speak, we are entering the trailing edge of this hurricane, and it’s going to be much worse and much longer lasting and much different than what we saw in 2008 and 2009, and that was ugly.”

Why will it be much worse than last time? Casey contends, “All these central bankers are doing the same stupid things. . . . The American central bank, the Europeans, Japanese and the Chinese have all printed trillions of new currency units and, yes, they are doing this in concert.   They don’t want to see the markets collapse, but they are going to collapse, and the nature of this collapse is going to be different because they have created trillions and trillions of new currency units, and that has created bubbles all over the world economy.”

[youtube=http://youtu.be/jGCXywfLehM] Continue reading →

Syria War Escalates, Economic Data Getting Worse, Hillary Email Scandal Update [Video]

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economyGreg Hunter – The Russians are putting on a clinic on how to destroy terrorists. They are pulling off a well-planned takedown of just about anyone who stands in the way of the Assad regime. To the Russians, there are no so-called moderate rebels—just terrorists and non-terrorists. Only in the land of the “Wizard of Oz” are there good witches and bad witches. In the real world, witches are witches, and Russia sees things much the same way. They are spending big money and deploying many assets to destroy them.

The latest show of force was launched from the Caspian Sea. Russian ships fired 26 cruise missiles into terror targets such as training camps and supply dumps. You can bet the missiles cost around $1 million each and have high explosive payloads that are measured by the ton. These are very big bombs, and they traveled across 900 miles and two countries to hit their targets in Eastern Syria. NATO is stunned, and President Obama looks weak and indecisive in the Middle East. This is bad news for America’s leadership role in the Middle East and bad news for the U.S. dollar.

I don’t know how else to say it. The global economy sucks, and there is no amount of lipstick that can make this pig look good. Just look at these financial headlines in just the last few days, “Fed minutes: Members worried about slower global growth,” “FOMC Minutes Confirm Economy Not Ready For Rate-Hike This Year, Worried About Inflation,” “Global Risk,” “It’s Time For Negative Rates, Fed’s Kocherlakota Hints,” “Day After Deutsche Bank Admits Not All Is Well, Swiss Giant Credit Suisse Also Admits It Needs More Cash,” “Marc Faber Fears Sudden 1987-Like Crash Or Longer-Term “Sliding Slope Of Hope” “I Would Say Don’t Worry” Says Chinese Central Banker As Indian Central Banker Says “World Economy Is Looking Grim,” and “China, Russia, Norway, Brazil, Taiwan Dump US Treasuries.”

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Global Economy Imploding Now-Warren Pollock [Video]

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Pollock Greg Hunter – Warren Pollock warns the global economy is headed for a brick wall. Pollock explains, “It’s good you are using the term brick because that’s the part of the economy which is crashing first, the emerging markets, the BRICS (Brazil, Russia, India, China and South Africa). That’s on the edge of empire, and now it is imploding inward. So, we can look at all of these peripheral economies, and that’s where the crash has occurred right now.

When you talk about crash and people asking, ‘When is this going to happen?’ It’s happening right now, but it is not happening at the center of empire, it’s happening on the extremities of empire. These emerging markets, these miracle economies, the few countries in the world that had productive economies, they’ve hit a brick wall. They’ve crashed. China has crashed. When you look at Brazil–crash. When you look at Russia–crash. When you look at oil prices–crashing now. People keep asking when is this blowing up? And the answer is it’s blowing up right before your eyes right now, this minute. The domestic indicator is the declining velocity of money.”

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So, when does the U.S. start seeing the crash? Pollock, who also has deep Wall Street experience, says, “We are seeing it now as a slow fester. We are seeing it now in this captured economy where prices are not allowed to go down. Some elements of deflation would be a real stimulus for the economy. That would mean giving savers a real return on their money instead of stealing from them. If you had $1 million worth of savings eight years ago, the government has stolen between $500,000 to $800,000 from you. . . . The future is being stolen away from you, and the end result is going to be war.”

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