Lies You Will Hear As The Economic Collapse Progresses

It is undeniable; the final collapse triggers are upon us, triggers alternative economists have been warning about since the initial implosion of 2008. You would think that the more obvious the economic collapse becomes, the more alternative analysts will be vindicated and the more awake and aware the average person will be. Not necessarily... In fact, the mainstream spin machine is going into high speed the more negative data is exposed and absorbed into the markets. If you know your history, then you know that this is a common tactic by the establishment elite to string the public along with false hopes so that they do not prepare or take alternative measures while the system crumbles around their ears. At the onset of the Great Depression the same strategies were used.

Remembering The Summer Of 1929

Submitted by Tyler Durden on 08/27/2015 - 19:00 The Summer of 1929 was unusually hot, with the stock market going up and down like a roller coaster, making investors and pundits almost dizzy. That is, until the great push up to the very height of the market in early September. It was the laissez-faire abuses of the 1920’s, the reign of supply side economics, the institutionalized political corruption of easy money, an oversized, overly influential and powerful financial/industrial sector that set the stage for the terrible Depression of the 1930’s. It also gave rise to the many reforms introduced by the FDR administration. Most of which have been steadily overturned, one by one, by the big money interests who care for nothing but themselves, and would do it again, and again, if allowed to do so.

What China's Treasury Liquidation Means: $1 Trillion QE In Reverse

Submitted by Tyler Durden on 08/27/2015 - 18:45 The size of the epic RMB carry trade could be as high as $1.1 trillion. If China were to liquidate $1 trillion in reserves (i.e. USTs) in order to stabilize the yuan in the face of the carry unwind, it would effectively offset 60% of QE3 and put around 200 bps of upward pressure on 10Y yields. So in effect, China's UST dumping is QE in reverse - and on a massive scale.


Remember to eat your yummy Pacific Ocean fish...

FUKUSHIMA — BREAKING: 1/3 of Dead Baby Seals Had Leukemia, Test Positive For Radiation

THEY CAN NO LONGER HIDE IT. FUKUSHIMA IS KILLING THE PACIFIC OCEAN AND ALL LIFE IN IT.
from BP EarthWatch:

The Scariest Number For The Oil Industry: $550 Billion

Submitted by Tyler Durden on 08/27/2015 - 21:45 Just over half a trillion dollars: that's how much cash US shale producers and other oil industry companies will need to repay in maturing debt over the next 5 years.

China Strengthens Yuan Fix Most Since March As Bailout Fund Runs Out Of Fire-Power, Dong Leaks Lower After Failed Bond Auction

Submitted by Tyler Durden on 08/27/2015 - 21:20 A busy night in AsiaPac before China even opens. Vietnam had a failed bond auction, Japanese data was mixed (retail sales good, household spending bad, CPI just right), Moody's downgrades China growth (surprise!), China re-blames US for global market rout, and then the big one hits - China's bailout fund needs more money (applies for more loans from banks) - in other words - The PBOC just got a margin call. China margin debt balance fell for 8th straight day (although the short-selling balance picked up to 1-week highs). China unveiled some economic reforms - lifting tax exemption and foreign real estate investment rules. PBOC fixesds the Yuan 0.15% stronger - most since March, but even with last night's epic intervention, SHCOMP looks set for its worst week since Lehman.

China Gets Creative, Turns To Swaps To Manage Yuan

Submitted by Tyler Durden on 08/27/2015 - 21:10 Managing markets is hard, especially when you’re doing it on a daily basis and sometimes you have to get creative, which is why we weren’t entirely surprised on Thursday when trader chatter indicated that at least one big Chinese bank (on behalf of the PBoC of course) was stomping around in the onshore swaps market...

The Great Wall Of Money

Submitted by Tyler Durden on 08/27/2015 - 21:00 Since the GFC, 'The Great Wall of Money' that Bretton Woods II has furnished via its vendor-financing relationship, has masked the deleveraging of our world economy. The Great Wall is about to collapse and fall.

US Automaker Panic Button Looms After China's Top Carmaker Warns Of "Grim" Outlook

Submitted by Tyler Durden on 08/27/2015 - 20:30 Just two weeks ago we explained in a few simple charts why US auotmakers have a major problem looming over them. Today, as Reuters reports, that "if we build them, they will come" strategy has imploded as China's largest automaker warns "the domestic market situation in the second half of the year remains grim." With Q2 US GDP driven by a massive inventory surge, and the majority of that from autos, any hope for a sales rebirth to burn through that over-burden is a long-lost dream now as SAIC sees little to no growth over 2014.

Global Grain Stocks At 30 Year Highs Mean Food Deflation Is Next

Submitted by Tyler Durden on 08/27/2015 - 20:26 "Despite a slight tightening in the maize carryover, global grain stocks are forecast at 447m t, a 29-year peak."

It's Not A Devaluation If The Ministry Of Truth Says So: China's "Style Council" Takes On Currency Trading

Submitted by Tyler Durden on 08/27/2015 - 20:15

The Best Explanation If Exposed As An Ashley Madison Member...

Submitted by Tyler Durden on 08/27/2015 - 20:13 ... comes from Dan Loeb of Third Point, who as Gawker points out was a member of the hacked cheating website: due diligence.

Guest Post: The Donald Exposed (A Reality Check For Trumpeteers)

Submitted by Tyler Durden on 08/27/2015 - 20:00 It’s all emotional bullshit because what one hardly ever reads about from these Trumpeteer Marionettes is an actual discussion about Trump on the issues. It’s more important to squeeze out yet another orgasmic fountain of joy because he threw out some Univision reporter; “Oh, look! Isn’t zee Donald just Wunderbar!!” Screw that. So, let’s look at what The Donald believes... by his own words.

"Computer Glitch" Plaguing ETFs Is "Unrelated" To Monday's Flash Crash, BNY Swears

Submitted by Tyler Durden on 08/27/2015 - 19:30 During Monday's flash crashing mayhem, the fragility of the ETF pricing system was exposed for all to see. While common sense dictates that the extreme market moves, trading halts, and tripped circuit breakers may have had quite a lot to do with the epic divergences between NAV and unit pricing, the real culprit was a "computer glitch" caused by a botched "systems change" last Saturday. The fact that the trouble calculating NAVs across nearly 800 mutual funds happened on the very same day as the flash crash is strictly coincidence.

Bordering on Insanity

by Philippe Gastonne, The Daily Bell:
There are logical arguments for nation-states to defend their borders against illicit persons and goods. Those arguments are not nearly as compelling as some people think, but they exist. They apply mainly for people and goods entering a country – not those leaving it. The United States in particular likes to claim it has no Iron Curtain and that people are free to leave.
The U.S. Department of Homeland Security seems to be missing this distinction. As Jae Shik Kim was about to board a flight to Korea, they seized his laptop computer on the grounds it contained illegal information destined for Iran.
Now, even if we concede that mere information can be illegal, what DHS wanted to do was breathtaking in scope. As the court described it, DHS wanted to image and search the entire laptop “aided by specialized forensic software, for a period of unlimited duration and an examination of unlimited scope.”
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Biggest 2 Day Surge In History Saved As Epic 3pm 'VIXtermination' Ramp Undoes "Quant Omen" Tumble

Submitted by Tyler Durden on 08/27/2015 - 19:06

How and Why the State Controls Money and Banking

from TomWoodsTV:

Trump: The Problem is Not Guns, It is Mental Illness

by Kurt Nimmo, Infowars:
During an interview with CNN on Thursday, presidential frontrunner Donald Trump said the issue in the wake of the shooting in Virginia is not guns, but mental illness.
“This isn’t a gun problem, this is a mental problem,” Trump said. “It’s not a question of the laws, it’s really the people.”
“In the old days they had mental institutions for people like this because he was really, definitely borderline and definitely would have been and should have been institutionalized,” Trump told CNN. “At some point somebody should have seen that, I mean the people close to him should have seen it.”
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China Warns US, It Has Begun Dumping Treasuries

from X22Report:

Chaos In The Markets, The Dow Theory Sell Signal, Flash Crash And What People Should Expect Next

from KingWorldNews:
I thought my message this week has been clear. Yes, there was a Dow Theory “sell signal” registered in Monday’s Mauling as the Industrials and Trannies closed below their respective mid-October lows of last year (see chart). In the short term I have chosen to ignore that “sell signal” because the S&P 500 (SPX/1940.51) was more oversold/compressed at the Monday lows than it was at the October 19, 1987 crash lows.
Monday was also a 90% Downside Day, meaning 90% of total volume, and 90% of total points traded, came in on the downside. Following such days, what you tend to get is a 2 – 7 session “throwback rally” and then a retest of the recent lows. If that retest is successful, what you see in the charts is a double bottom formation (a “W” formation), and it is off to the races on the upside. That’s what I think is going to happen here.
The reason I am temporarily ignoring Monday’s “sell signal” is because of the extreme oversold reading and the fact that the last time the D-J Industrials (INDU/16285.51) were down 1000 points on an intraday basis was in the “flash crash” of May 6, 2010. On that day there was another Dow Theory “sell signal,” which proved to be a false signal and was subsequently reversed in June of 2010.
Read More…

“We Are At War” — Jim Willie

Jim Willie on the death of the Dollar & the Tianjin explosion “incident” which Willie believes was a “micro-nuke”. “We’re not talking about an accident here, we’re talking about an attack.”
by Will Lehrer, Perpetual Assets:

Jim is back, fired up and full of information. We cover the below topics for an hour and a half session.
Has the Financial & Trade War Turned into a Hot War?
Jim says, definitely yes. Tianjin, China is the most strategic business, tech, info and database center in the nation. The explosion was certainly the result of an attack, among other connections between currency devaluation events and violent explosions (see Bangkok). One item of intrigue is that the devaluation of currency means USD lifted higher, and much like a balloon pops if it rises too much (from pressure differential). The devaluation trend will catch fire, and accelerate the USDollar death spiral. RMB devaluation started a trend, sure to result in Competing Currency War. USGovt and USFed masters do not want USD to be given an accelerant booster rocket.
What is the Interpretation of the Stock Market Nose Dives?

Wall Street Is Hopelessly Bankrupt, Institute Glass Steagall Worldwide Immediately

from LaRouchePAC:
Lyndon LaRouche today issued an emergency call for the immediate instituting of Glass Steagall full bank separation worldwide—starting in the United States.

“As of now,” LaRouche declared, “Wall Street is plummeting to a general breakdown crisis.  It is already underway and it is unstoppable.  Wall Street is hopelessly bankrupt.  We must, therefore, mobilize in anticipation to force the United States Federal Government to stop that financial crash from bringing down the real economy and the nation with it.” LaRouche demanded:  “We must preemptively close down Wall Street and force the issue back to the Presidential system.  That means immediately reconvening the US Congress to act on legislation already presented in both the House and the Senate to reinstate the FDR Glass Steagall bank separation, precisely as President Franklin Delano Roosevelt did it in 1933.
Read More…

ZERO HEDGE: China Openly Dumping Treasuries — What It Means for the Dollar

from Paul Sandhu:

The Least Expensive Way Out

from Survival Blog:
I’m writing to give alternative ideas for those of us who have less money. The basic idea is to spread out your funds to be able to factor in prepping costs. Now I don’t know how much money you get, but if you’re really dedicated you should be able to reach a reasonable conclusion which allows you to invest in prepping needs while also having enough for daily living; maybe you can set aside 4% of your monthly income for prepping. It gives you plenty for your prepping needs but also allows sufficient funds for your everyday needs. Now that was just an example, but you should be able to decide based on your own thoughts and paycheck. So I’ve came up with a few topics that should arouse some interest because of their necessity. These are the things that you will most likely want to have around. Notice that all of the categories are listed in their relative importance, depending of course on the disaster.
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GMO soybean oil found to cause diabetes, obesity at higher rate than sugar

from Natural News:
Soybean oil is more likely to induce diabetes and metabolic syndrome than pure fructose, according to a study conducted by researchers from the University of California-Riverside and published in the journal PLOS ONE.
“That was a surprise, given that most people think that unsaturated fatty acids are supposed to be healthy,” lead author Poonamjot Deol said.
The study was designed to evaluate different types of fat in comparison with sugar to determine how they increase the risk of the cluster of symptoms known as metabolic syndrome. These symptoms — central obesity, high fasting blood glucose, high triglycerides, high blood pressure, and low HDL (“good”) cholesterol — are associated with a significantly increased risk of diabetes and cardiovascular disease.
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The Economic Collapse Scarcity Mentality

from Fabian4Liberty:

Gerald Celente Just Warned This Is Not A Correction, It’s The Beginning Of A Total Market Meltdown And Global Collapse

from KingWorldNews:
On the heels of continued selling of stocks in China and a monster 600+ point rally in the Dow, the top trends forecaster in the world warned King World News that, despite today’s rally, this is not a market correction, it’s the beginning of a total market meltdown and global collapse.
Across the western world, financial fingers are pointing to China as the culprit for both sparking the global equity-market meltdown — and keeping it going….
Omitted from the headline blame game in FT and other business-news coverage was that US equity markets had been trending down since late July. Yet, as the global stock plunge accelerated over the next few weeks, and with the yuan devaluation story fading from the news, the business media blamed the selloff on China’s economic woes and how its slowing economy was impacting the global economy.
Read More…

Silver Shortage Update: Another Delay From Apmex

by Dave Kranzler, Investment Research Dynamics:
There has to be a big problem in the financial system coming that the Fed knows about but we can’t see it yet. Why? The behavior of the Fed and its ECB/BOE cohorts with respect to the paper gold/silver market conveys a sense of terror on their part.
We learned yesterday from an “official” source, Reuters believe it or not (Reuters has furiously been spreading anti-gold propaganda ), that India is on track to import 900-1000 tonnes of gold this year. This does not take into account smuggled gold which is estimated to be another 25%. India alone, it seems, will inhale 50% of the amount of gold produced in a year.
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Why Are “Bank Holidays” Always Announced on Sunday?

from SilverSeek:
On Sunday, June 29, the Associated Press ran the following headline: “Greek Banks will not open Monday.”
After a lengthy cabinet session, it was decided that Greek banks would remain closed for 6 working days, along with restrictions on cash withdrawals. In addition, financial sector officials confirmed the Athens Stock Exchange would not open the following week.
ATM withdrawals were capped at 60 euros ($66) per day. Web bill-paying banking was allowed, but moving money out of the country was prohibited. A side notice reported that Greeks could not remove cash from safety deposit boxes.
A Goldseek.com column at the time commented presciently that “the convenience of ease of access to a local safe deposit box can be offset by the fact that governments and banks can lay claim to their contents at the stroke of a pen. It would be unwise to view Greece as an exceptional case.”
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