What People Absolutely Must Know About The Coming Global Financial Collapse

from KingWorldNews:
We have heard the phrase used by CEOs of public companies describing their stock as currency for acquisition. It is an interesting way to look at things.
Merriam-Webster defines currency as: “something (as coins, treasury notes, and banknotes) that is in circulation as a medium of exchange” as well as: “something that is used as money”
For most of us, “currency” represents cash in our pocket and “money” is an electronic entry at the bank or a brokerage firm. Both are usable as a medium of exchange for goods and services. Both can be lent to others in exchange for consideration, usually interest. Both have been considered stores of value allowing for deferred consumption of some kind and as a store of value (saving up for retirement). Currency and money also can dampen portfolio volatility during turbulent times.
Robert Fitzwilson Continues @ KingWorldNews.com

If you don't know this by now... your screwed...

The American Dream

Re-posted for those who want the full TRUTH. Here it is.
from amy2x:




This election will be just like the others...Will you vote for the Douche Bag... or the Turd...
Just remember... voting for the lesser of two evils is still voting for Evil...

Are These The "Everyday Americans" Hillary Clinton Is Running For?

Submitted by Tyler Durden on 04/13/2015 - 17:14 Moments ago, Tracy Sefl of the Ready for Hillary SuperPAC appeared on the Apple infomercial channel and said something confusing: "Hillary is certainly making it clear that she is running as a chamption for everyday Americans. People who are looking how to get by, get ahead, stay ahead." Unfortunately, Tracy had some significant problems defining who these "everyday Americans" are because one glance at Hillary Clinton's largest career donors reveals just who these "Everyday Americans" really are.

It's Back!!

Submitted by Tyler Durden on 04/13/2015 - 12:55 More to the point, what does the flight of Hillary say about party politics in this land? That a more corrupt and sclerotic dominion has hardly been glimpsed since the last Bourbons cavorted in the halls of Versailles? Hence, my view that America will witness a very peculiar spectacle leading up to and perhaps beyond the 2016 election: the disintegration of seeming normality against a background of mounting disorder and insurrection. Hillary will go on caw-cawing platitudes about togetherness, diversity, and recovery while the economy sinks to new extremes of unravelment, and the anger of a swindled people finally boils over.




Police State U.S.A.

Caught On Tape: "Oh, I Shot Him"; Deputy Shoots Man In Back After Mistaking Gun For Taser

Submitted by Tyler Durden on 04/13/2015 - 11:45 On the heels of the South Carolina “confrontation” which led to the shooting death of Walter Scott, we get a new video out of Tulsa in which one Eric Courtney Harris — who apparently sold an illegal firearm to undercover agents and who CNN compassionately describes as a “possibly PCP-addled felon” — is “accidentally” shot by a 73-old reserve deputy who apparently could not distinguish between his Taser and his glock.

The Power of Lies

from Paul Craig Roberts:
It is one of history’s ironies that the Lincoln Memorial is a sacred space for the Civil Rights Movement and the site of Martin Luther King’s “I Have a Dream” speech.
Lincoln did not think blacks were the equals of whites. Lincoln’s plan was to send the blacks in America back to Africa, and if he had not been assassinated, returning blacks to Africa would likely have been his post-war policy.
As Thomas DiLorenzo and a number of non-court historians have conclusively established, Lincoln did not invade the Confederacy in order to free the slaves. The Emancipation Proclamation did not occur until 1863 when opposition in the North to the war was rising despite Lincoln’s police state measures to silence opponents and newspapers.
Read More @ PaulCraigRoberts.org

"There Are Big, Big Problems" - The Shocker Crushing The Economy Revealed

Submitted by Tyler Durden on 04/13/2015 - 16:35 According to the CMI, the Rejections of Credit Applications index just crashed the most ever, surpassing even the credit crunch at the peak of the Lehman crisis: "There is quite obviously some serious financial stress manifesting in the data and this does not bode well for the growth of the economy going forward. These readings are as low as they have been since the recession started and to see everything start to get back on track would take a substantial reversal at this stage.... The signal this sends is that many companies are not nearly as healthy as it has been assumed and that there is considerably less resilience in the business sector than assumed."

Market Melts Down After Opening Buying-Panic

Submitted by Tyler Durden on 04/13/2015 - 16:07

How The White House Discovered It Was Hacked By Russia

Submitted by Tyler Durden on 04/13/2015 - 15:50 ...Allegedly.

Human Bond Traders Barely Show Up To Work As Machines Take Control

Submitted by Tyler Durden on 04/13/2015 - 15:30 "A slow start to the week has become customary, as Monday appears to have become the new Friday," Barclays says, noting that the humans simply aren't trading in a credit market where opportunities are scarce. Meanwhile, the robots do not rest, and on the Monday they simultaneously decide that some random data point or unduly hawkish/dovish soundbite out of an FOMC voter is cause for all the algos to chase down the same rabbit hole sending ripples through a fixed income market devoid of any real liquidity, the humans will be in for a rude awakening when they get to work on Tuesday morning.

Einhorn Slams Bernanke's Blog, Says Fed Policy Is A "Destructive Force That Shouldn't Exist Outside Of Fiction"

Submitted by Tyler Durden on 04/13/2015 - 14:58 "We have passed the point where Jelly Donut policy is merely slowing the recovery. Distortions are now adding risk to the banking and insurance markets and leading to poor incentives for the largest players in the financial system. Monetary policy and regulations have combined like a failed chemistry experiment to create a potentially destructive force that should not exist outside of fiction."
- David Einhorn

Foodstamp Financiers: Wells Fargo Workers Protest Re-Emergence Of Predatory Practices

Submitted by Tyler Durden on 04/13/2015 - 14:11 One of America’s biggest banks is going to be protested by an unlikely group today: its employees. As The Guardian reports, Wells Fargo bankers are protesting the bank’s alleged predatory practices – mainly the sales quotas imposed on some of its workers (which have led to at least 30 employees opening duplicate accounts, sometimes without customers’ knowledge, in order to inflate their sales numbers). One worker warns, “it is not in Wells Fargo’s best interest for customers to purchase products and services they don’t use or need.” Now where have we seen this kind of activity before? Wells Fargo bank workers are not the only ones struggling to make ends meet without breaking ethical standards as bank tellers have collected as much as $105m in food stamps.
 

"We Have Come To The End Of The Road" - Greece Prepares For Default, FT Reports

Submitted by Tyler Durden on 04/13/2015 - 14:09 Update: as always is the case in Europe, nothing is confirmed until it is officially denied by officials, so here you go: GREEK GOVT OFFICIAL DENIES FT REPORT GREECE PLANNING DEFAULT
It should hardly come as a surprise that after the latest round of Greek pre-negotiation negotiations with the Troika, in which the Greek representative was said to behave like a taxi driver, who "just asked where the money was and insisted his country would soon be bankrupt" and in which the Eurozone members "were disappointed and shocked at Athens' lack of movement in its plans, and in particular its reluctance to talk about cutting civil servants' pensions" that the next Greek step is to fall back - yet again - to square zero: threats of an imminent default. Which is precisely what, according to the FT, has happened "Greece is preparing to take the dramatic step of declaring a debt default unless it can reach a deal with its international creditors by the end of April."
 

The Best And Worst Performing Hedge Funds In 2015

Submitted by Tyler Durden on 04/13/2015 - 13:54 Any year in which two of the best performing hedge funds are two of our old-time favorites, the aptly named Keynes Leveraged Quantitative Strategies and even more aptly named Tulip Trend Fund, you know is going to be one of "those" years. Only this time joining them at the top after the first quarter is also the Russian Prosperity Fund, while making an unexpected and welcome appearance in the top 10 is none other than everyone's favorite outspoken, if rather timid in recent years, scot: Hugh Hendry's Eclectica, which has returned 14% YTD.

How You Break Even On Wall Street

Submitted by Tyler Durden on 04/13/2015 - 13:35 It's just maff yo...

 

Nasdaq Tumbles Back Below 5,000 Amid Red AAPL, Crude Crumble, Grexit Concerns

Submitted by Tyler Durden on 04/13/2015 - 13:23 Who could have seen that coming? With Treasury yields pressing lows of the day since the US open, and AAPL in the red; the stop-hunt in stocks this morning is now starting to fade back into reality as Crude oil prices gave up gains and went red and reports appear that Greece is preparing to default... The Dow and S&P are now red on the day.
 

Russia Warns "Attempts At Isolation Are Counterproductive & Useless"

Submitted by Tyler Durden on 04/13/2015 - 12:11 Attempts to isolate Russia and ignore its position are useless and counterproductive, State Duma Speaker Sergey Naryshkin said on Monday, ahead of the decision to lift sanctions on anti-aircraft missiles to Iran. With the Russian stock market among the top performers of the year and The Ruble the strongest currency in the world this year, it appears he may be on to something...
 

Lemmings Look Like A Pack Of Individualists Compared To Wall Street

Submitted by Tyler Durden on 04/13/2015 - 10:15
 

China becomes 1st foreign customer of Russian advanced defense system

from The BRICS Post:
China has purchased Russia’s most advanced air and missile defense system, Russian media outlets have reported.
China is now the first foreign customer of the S-400 air and missile defense systems, said Anatoly Isaykin, director general of Russia’s major arms exports firm Rosoborobexport. China already deploys a number of the Soviet-era S-300 defense system.
In an interview to Russian business daily Kommersant on Monday, Isaykin noted that the deal emphasizes the strategic nature of Russian-Chinese relations. He has also asserted that Moscow’s own military needs have to be satisfied first before new foreign clients can be added to the list of buyers.
Read More @ TheBRICSPost.com
 

 

 

 

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