"Snowzilla" Slams 85 Million Americans: Photos From The Snow-Covered East Coast

Submitted by Tyler Durden on 01/23/2016 - 10:25




Your Future...

The World’s Most Famous Case Of Hyperinflation (Part 2)

Submitted by Tyler Durden on 01/22/2016 - 20:30 The Great War ended on the 11th hour of November 11th, 1918, when the signed armistice came into effect. Though this peace would signal the end of the war, it would also help lead to a series of further destruction: this time the destruction of wealth and savings. The world’s most famous hyperinflation event, which took place in Germany from 1921 and 1924, was a financial calamity that led millions of people to have their savings erased.


Shifting into third gear...

This Is What The Death Of A Nation Looks Like: Venezuela Prepares For 720% Hyperinflation

Submitted by Tyler Durden on 01/22/2016 - 21:57 For citizens of Nicholas Maduro's socialist paradise the news is terrible, and getting worse with every passing day.


Just getting started... Your next...Take note of the idiots using fresh tomatoes and pineapples as examples...what a joke...

Fruit, Vegetable Prices Soar In Canada: "If You Insist On Eating Tomatoes, You're Going To Pay For It"

Submitted by Tyler Durden on 01/23/2016 - 11:11 "Going forward I think we’ll see even higher upward pressure on imported fruits and vegetables. If not for weather conditions, certainly that low Canadian dollar will affect it. Because the numbers we’re talking about today are from December and now in January we’re almost five to six per cent lower on that dollar….If people insist on eating fresh tomatoes and pineapple in January, they’ll be forced to pay for it.”

Military Martial Law Bill Sneaked Through by Senate

Bill gives Obama power to deploy military anywhere – including on U.S. soil
by Kit Daniels, Infowars:
Sen­ate Ma­jor­ity Lead­er Mitch Mc­Con­nell is attempting to fast track a “war powers” bill that will allow President Obama nearly unlimited power to deploy the military anywhere in the world for any length of time – including on U.S. soil. “The Authorization for Use of Military Force put for­ward by Mc­Con­nell would not re­strict the pres­id­ent’s use of ground troops, nor have any lim­its re­lated to time or geo­graphy,” Defense One reported.
In other words, the authorization allows the president to deploy the military anywhere at his discretion – both foreign and domestic – for as long as he wants.
Several senators, including Sen­ate Ma­jor­ity Whip John Cornyn, were surprised by McDonnell’s decision to fast-track the bill after a year of deep in-fighting over similar measures in the Senate.
Read More…

So What Now?

Submitted by Tyler Durden on 01/23/2016 - 11:54 The Global Dow followed the old Wall Street adage about bull markets taking the escalator and bear markets, the elevator. In fact, it may have simply jumped down the elevator shaft as, in a span of just 10 days, the index found itself already down at that lower support level. So what now? The risk has been wrung out and back up the escalator we go? Well, not necessarily.

Why Are There No Stock Buyers? Goldman's Clients Give Five Answers

Submitted by Tyler Durden on 01/23/2016 - 12:39 1. who is brave enough to catch a proverbial falling knife?
2. US industrial activity is contracting and the consumer will soon follow
3. the plunge in crude will lead to further cuts in capex and a profit downturn across many industries
4. China’s economy is slowing and the RMB will soon be devalued
5. share prices need to fall further to offer an attractive risk-adjusted return given heightened economic and market risks

Iran, Saudi Arabia "Clash" Over Syria At "Secret", Closed-Door Meeting In Davos

Submitted by Tyler Durden on 01/23/2016 - 09:26 "I really like what you say but when I look at what you do, I wonder"...

Mitch McConnell Moves To Grant The President Unlimited War Powers With No Expiration Date

Submitted by Tyler Durden on 01/22/2016 - 22:00 The always shady Senate Majority Leader Mitch McConnell is moving to fast track an Authorization of Military Force (AUMF) for the President that would allow for unrestricted warfare against ISIS. There would be no time or geographic restrictions on this authorization. Rather than being a favor to President Obama, this is primarily a means to ensure that whoever takes control in 2017 receives a blank check for unrestrained militarism with no expiration date. This is terrifying.

Is This The Hillary Clinton "Smoking Gun"?

Submitted by Tyler Durden on 01/22/2016 - 21:27 With more damming information being released almost weekly now, it’s interesting that during last Sunday’s Democratic debate, Clinton resoundingly stated: “No one is too big for jail.”  Although the context was referencing bank CEOs and Hedge fund managers, the obvious correlation left many scratching their heads and wondering—did Hillary Clinton just say, “I dare you” to the FBI?”

If You Don't Conform To The Crowd Now - You're A "Radical"

Submitted by Tyler Durden on 01/22/2016 - 21:00 They’ve spiked the punch bowl with so many lies. Home prices always go up. The debt doesn’t matter because we owe it to ourselves. We can always print more money. None of this nonsense is true. But the financial establishment tells us so. Big media repeats it over and over again. Eventually hundreds of millions of people believe it. And anyone who dares question the sanctity of this system is labeled a radical.

Chronicle of a Debt Foretold

by John Rubino, Dollar Collapse:

Critics of today’s fiat currency/fractional reserve banking world have (for what seems like forever) made the common sense point that when debt rises faster than cash flow, bad things are bound to happen. In every cycle since 1980 this has been dismissed by the vast majority who benefit from inflating bubbles — until the bubble bursts.
And here we go again. The following chart from Stock Traders Daily shows the relationship between margin debt (money borrowed by investors against existing stock positions in order to buy more stock) and cash on hand in brokerage accounts. The idea is that when investors hold lots of cash they’re pessimistic, and when they borrow a lot they’re optimisitc. Extremes of either tend to signal changes in market direction. At the end of 2015 investors were even more excited than at the peak of the housing bubble, indicating that there’s not much retail money left to be tossed at US stocks.
Read More

German Supermarket Chain Bans Bee-Killing Neonic Pesticides on Produce

by Christina Sarich, Natural Society:
The New Year starts with more positive news. Aldi Süd, a German supermarket chain with stores in the U.S., has become the first major European retailer to ban pesticides toxic to bees, including the neonicotinoids imidacloprid, clothianidin, and thiamethoxam, from all produce sold in their stores. [1]
The announcement was made January 1st, with the retailer expecting fruit and vegetable suppliers for their stores to comply with their new policy ASAP. The following pesticides will no longer be tolerated:
Read More

Strange and Crazy in the Financial World

by Gary Christenson, Deviant Investor:
It’s been crazy so long it feels like normal …
1. Several $ Trillion in global debt “pays” negative interest. Loan your capital to an essentially bankrupt government and lose a portion of that capital every year! Strange and crazy!
2. The US government runs deficits – every year – in the $500 Billion to $1 Trillion range. These are the official deficits, not what GAAP accounting would calculate. So what? Just print and borrow more. Strange and crazy!
3. The Fort Knox Bullion Depository is so important that almost no one is allowed inside, even the President. It is so important that the gold has not been (truly) audited during the past 60+ years. They use armed guards, fences, motion detectors and much more to protect the gold that supposedly is vaulted behind those 22 ton doors. But at current gold prices the 147 million ounces of gold is valued at only about $160 Billion.
Read More

A Huge Change, a Renaissance, and Likely a Boom

by Doug Casey, International Man:
Some years ago I came to the conclusion that it would be wise to have a permanent footprint outside the U.S. It was a wise decision from many points of view. Living in more than one country allows you to vastly broaden your range of experiences, connections, and possibilities.
Frankly, living in just one country is not just limiting. It’s potentially dangerous. The question is, which of the world’s countries is “best”?
There are a lot of possible answers to that question, and they change over time. When my grandparents left the Old World, there was no question that the U.S. was the best choice. I’m extremely happy they chose to move there and not act like potted plants, rooted to the soil where they were born.
Read More

The Secret Behind the Next Global Crash

by Pepe Escobar, Sputnik News:
The World Economic Forum in Davos is submerged by a tsunami of denials, and even non-denial denials, stating there won’t be a follow-up to the Crash of 2008.
Yet there will be. And the stage is already set for it.

Selected Persian Gulf traders, and that includes Westerners working in the Gulf confirm that Saudi Arabia is unloading at least $1 trillion in securities and crashing global markets under orders from the Masters of the Universe – those above the lame presidency of Barack Obama.

Those were the days when the House of Saud would as much as flirt with such an idea to have all their assets frozen.
Read More

/