The US Government / Central Bankers Are Now Preparing To Unleash The Economic Crash – Episode 961

US Getting Ready To Crash Economy

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EU slashes growth. More layoffs coming in the tech sector, hundreds of thousands of jobs will be lost. Banks want to put millennials deeper into debt. China manufacturing declines and the Baltic Dry Index declines rapidly. The smart money is now getting out of the market. The central banks are preparing for a digital currency which will lead into a cashless society. US is headed into a recession / depression. The crash is accelerating and the central bank is almost ready to pull the plug. Obamacare premiums are going to increase by a huge amount. EU is moving away from the TTIP and France will not sign it. Obama threatens the world, play by our rules or else. Satellite photos do not show North Korea is preparing another launch. US sends troops to Moldova for a drill. US troops are now being deployed to Yemen. US proceeds with plans to invade Libya. Turkey reports Syria fired a missile into their country, so Turkey returned fire. John Kerry pushes for peace but is stalling to prepare for a major war in the region. IS has a list of names in NY, they said they will kill each person on the list. Be prepared for a false flag.

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Current News – 05.03.2016


Economy

EU Slashes Growth, Inflation Guesses

  • EU slashes growth from 1.7% to 1.6% 
  • In 2017, the eurozone economy will expand by 1.8%, 

Source: zerohedge.com

10 Top Tech Companies Poised For Massive Layoffs

  •  Tech workers across the nation may witness a massive pink slip parade this year, Wall Street analyst’s predicts more than 260,000 tech layoffs will becoming in 2016 
  • Vmware
  • Estimated number of cut employees: 1,700 to 2,500
  • Symantec
  • Estimated percentage of jobs to be cut this year: 15%
  • Estimated number of cut employees: 2,800
  • Yahoo
  • Estimated percentage of jobs to be cut this year: 30%
  • Estimated number of cut employees: 3,500
  • EMC
  • Estimated percentage of jobs to be cut this year: 15% to 20%
  • Estimated number of cut employees: 10,000 to 14,000
  • Cisco Systems
  • Estimated percentage of jobs to be cut this year: 20%
  • Estimated number of cut employees: 14,000
  • HP Inc.
  • Estimated percentage of jobs to be cut this year: 30%
  • Estimated number of cut employees: 14,000
  • Microsoft
  • Estimated percentage of jobs to be cut this year: 15%
  • Estimated number of cut employees: 18,000
  • Oracle
  • Estimated percentage of jobs to be cut this year: 20%
  • Estimated number of cut employees: 26,000
  • Hewlett Packard Enterprise (HPE)
  • Estimated percentage of jobs to be cut this year: 30%
  • Estimated number of cut employees: 72,000
  • IBM
  • Estimated Percentage Of Jobs To Be Cut This Year: 25%
    Estimated Number of Cut Employees: 95,000

Source: informationweek.com

Visa Unveils Plan To Burden Millennials With Billions In Debt

  • Visa has come up with a plan to add infinitely more debt to millennials who are working diligently as bartenders and waiters. Visa has unveiled a detailed timeline by which they can accomplish the task.
  • The thought process is as follows:
  • First, Visa estimates that all of those minimum wage jobs will be adding up to $8.3 trillion in personal income for millennials by 2025.

 

  • Next, Visa believes that millennials use cards for 57% of their spending, making them an attractive “target” for massive amounts of additional debt credit card marketing.
  • And finally, as a percentage of total available users, millennials use revolving credit more than any other generation.
  • How long will it take to market the idea, sell the credit, and wait for the debt to pile up? Why, not soon after college of course. Visa estimates that if done properly, banks and other credit card issuers can have millennials saddled with billions in new debt by the young age of 28.

Source: zerohedge.com

Freddie Mac may need another taxpayer bailout this week

  •  Fannie and Freddie are quickly approaching the point where they won’t be able to weather quarterly losses without going back to the Treasury for taxpayer dollars.
  • Freddie will hold $1.2 billion in 2016, $600 million in 2017 and zero by 2018, its fourth-quarter earnings 
  • “As capital continues to go down it makes it more likely that they end up with a draw,

Source :marketwatch.com

China Manufacturing PMI Disappoints – In Contraction For 14th Straight Month

  • Manufacturing remains in a slump as April’s China PMI tumbled to 49.4 after a brief bounce back up to 49.8 (from the 48.0 low in Feb). This is the 14th month in a row of contraction.

Source: zerohedge.com

Baltic Dry Index falls to 682, down 21 points.

“This Has Been The Longest Selling Streak In History” – ‘Smart Money’ Sells For Record 14 Consecutive Weeks 

  •  BofAML clients were net sellers of US equities for the 14th consecutive week, in the amount of $2.8bn. As we noted last week, this has been the longest uninterrupted selling streak in our data history (since ‘08)—previously the longest streak was 12 weeks (in late ‘10).”

Source: zerohedge.com

A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York

  • Last month, a “secret meeting” that involved more than 100 executives from some of the biggest financial institutions in the United States was held in New York City.  During this “secret meeting“, a company known as “Chain” unveiled a technology that transforms U.S. dollars into “pure digital assets”.   there were representatives from Nasdaq, Citigroup, Visa, Fidelity, Fiserv and Pfizer in the room, and Chain also claims to be partnering with Capital One, State Street, and First Data.

By the end of the day, they had seen something revolutionary: U.S. dollars transformed into pure digital assets, able to be used to execute and settle a trade instantly.

 Digital dollars, however, are pre-loaded into a system like a blockchain. From there, they can be swapped immediately for an asset.

“Instead of a record or message being moved, it’s the actual asset,” Ludwin said. “The payment and the settlement become the same thing.”

  • Why this is so alarming is because we are seeing other major moves toward a cashless system all over the planet.

Source: theeconomiccollapseblog.com

US economy is headed for a recession

  • This past week the U.S. government announced the country’s economy rose in the January-March 2016 at a mere 0.5 percent annual growth rate.
  • Growth this slow indicates the US economy may have “slipped into ‘stall speed’, that is, growth so weak that the economy loses enough momentum and slides into recession”, according to economists at JPMorgan Chase.
  • . Investment in business structures fell by -10.7 percent and investment in new equipment by -8.6 percent, .  Business inventories rose barely, by the smallest amount in two years, continuing a slowing trend of the past nine months.
  • And what about consumption, which constitutes about two thirds of the total US economy? US consumer spending has been growing at an average monthly rate of only 0.1 percent.
  • etail sales, the largest element of consumer spending, has fallen every month on average during the quarter.
  • A recent Gallup poll reported that 60 percent of those interviewed indicated the U.S. economy was “getting worse.
  • Exports are declining, residential housing construction recently plummeted. In other words, not many of the economic indicators that comprise GDP show a promising picture.
  • Young workers 30 years old or less are especially hard hit by this “‘well performing US economy.” A recent study by the Center for American Progress, for example, showed that 30 year old workers earn today the same pay, adjusted for inflation, that 30 year olds earned back in 1984.

Source: hangthebankers.com

Every Time This Has Happened, A Recession Followed  

  • Three months ago the Fed released its Fourth Quarter “Senior Loan Officer Opinion Survey on Bank Lending Practices”, which revealed something ominous. It showed that in Q4, lending standards tightened for the second consecutive quarter. This was a problem because as Deutsche Bank pointed out at the time two consecutive quarters of tightening Commercial & Industrial loan standards “has never happened before without it signalling an eventual move into recession and a notable default cycle. Once we have 2 such quarters lending standards don’t net loosen again until the start of the next cycle.”
  • As of today, we now have three consecutive quarters of tightening lending standards. In fact, based on the latest survey, net lending standards tightenedeven more than during Q4

Source: zerohedge.com

When A Nation Is Doomed – A Definition…

  • simple litmus test might be useful to judge just how ‘doomed’ the nation really is…
“When you see that in order to produce, you need to obtain permission from men who produce nothing;

when you see that money is flowing to those who deal not in goods, but in favors;

when you see that men get rich more easily by graft than by work;

and your laws no longer protect you against them, but protect them against you;

…you may know that your society is doomed.”

Atlas Shrugged – Ayn Rand  (I an Rand) 

Source: zerohedge.com


Rights

Obamacare To Unveil “Price Shock” One Week Before The Elections

  • Blue Cross and Blue Shield plans, which dominate many state exchanges, saw profits plummet by 75 percent between 2013 and 2015, according to an analysis by A.M. Best Co.
  • expect majour double-digit percent increases in premium prices, and not just because Obamacare is fatally flawed,  not enough participants to make it economically scalable and ii) those who did sign up are so sick that they promptly soaked up all the externalities.

Source: zerohedge.com

EU-US talks on TTIP will likely halt, as Europe offers more than gets in return – French minister

  • Washington wants the all-encompassing TTIP trade deal with Europe to go through, but is unwilling to budge on many points, jeopardizing the entire talks, France’s trade minister said
  • The Transatlantic Trade and Investment Partnership has been discussed behind closed doors since 2013. It will affect a trade zone inhabited by 850 million people,

Source: rt.com

France not to Sign TTIP Deal Due To US Position

  • France cannot sign the EU-US Transatlantic Trade and Investment Partnership (TTIP) agreement due to the attitude of the United States, French Foreign Trade Minister
  • Suspending talks is “the most probable option [due to] the mindset of the United States… It is an agreement which, as it stands today, is a bad deal.

Source: sputniknews.com

‘Our rules, not China’s’: Obama invokes Beijing threat in defense of Pacific trade deal

  • The rules of trade in the Asia-Pacific must be written by America, not China, US President Barack Obama has argued in an opinion article that called for a swift ratification of the controversial TPP free trade deal.
  • “America should write the rules. America should call the shots. Other countries should play by the rules that America and our partners set, and not the other way around,”

Source: rt.com


War

Satellite photos: Unclear if 5th N. Korean nuclear test imminent

  • The latest satellite images of North Korea’s underground test facility provide no clarity on whether the provocative country may carry out its fifth nuclear test

Source: stripes.com

US Deploys 3 More Destroyers to Western Pacific

  • A Pacific Surface Action Group (PAC SAG) departed Joint Base Pearl Harbor-Hickam April 27  and is en route to the Western Pacific.
  • The PAC SAG is comprised of the embarked staff of Destroyer Squadron 31, guided-missile destroyers USS Spruance (DDG 111), USS Decatur (DDG 73) and USS Momsen (DDG 92) and embarked “Devil Fish” and “Warbirds” detachments of Helicopter Maritime Strike Squadron (HSM) 49.
  • The PAC SAG will conduct routine patrols, maritime security operations and theater security cooperation activities, and will also operate with regional navies to promote security, stability and prosperity.

Source: defencetalk.com

U.S. Troops Enter Moldova for Joint Military Exercise

  • U.S. troops will participate in a joint military exercise with Moldovan troops from May 3 to 20,
  • Nearly 200 soldiers from the American 2nd Cavalry Unit and 58 technical units of the U.S. Army will join 165 troops  for a two-week long training exercise, named Dragon Pioneer 2016.
  • Dragon Pioneer 2016 will involve 58 mobile units from America, 11 battle and supply vehicles, 18 Humvees and 29 medical and transport cars, joined by 40 Moldovan transport and supply vehicles.

Source: themoscowtimes.com

Pro-Saudi Yemenis Withdraw From Peace Talks, Claiming ‘Violations’

  • The pro-Saudi faction has withdrawn from the Yemeni peace talks organized by the UN, claiming that the  Houthi movement had “violated” the ceasefire with them, even though the two sides didn’t actually engage in any conflict.
  • What actually happened, according to reports, was that a neutral faction of soldiers from the former Yemeni government,  launched a reported series of raids against Houthi territory. The Houthis responded with an offensive that seized the base.

Source: news.antiwar.com

US Forces arrive in Southern Yemen, allegedly to “Fight against al Qaeda”

  • A report says US Special Forces have arrived in Yemen 

Source: globalresearch.ca

US proceeds with plans for military operation in Libya

  • The United States is moving forward with plans for possible military intervention in Libya.
  • Top U.S. officials confirmed that military and intelligence assets have been reassigned.
  • U.S. officials have confirmed that more U.S. drone surveillance aircraft are now flying over the skies of Libya, developing intelligence designed to assist a future U.S. military intervention. the U.S. has reportedly committed to sending warships to support a stronger naval presence off the coast of Libya,

Source: cctv-america.com

Caught On Tape: Raw Footage Shows The Moment A Missile Hits Aleppo Hospital 

  • The video also shows what is said to the be the last pediatrician in the city walking the halls moments before the missile hit, killing him and an estimated 50 others.

Source: zerohedge.com

Video: Sabotage of Syria Peace Initiative by Free Syrian Army (FSA) and “Moderate” Al Qaeda “Opposition”

  • The Free Syrian Army militant group has refused to recognize partial ceasefires 
  • The FSA also rejected the US and Russia-brokered “regime of silence” which is currently in place 
  • FSA militants accused Damascus of violating the ceasefire in Syria 

Source: globalresearch.ca

Syrian Army and Air Force continue targeting terrorists, destroy convoy of ISIS vehicles

  • The Syrian army air force on Tuesday continued to target IS vehicle convoy

Source: sana.sy

Turkish military returns fire into Syria after rockets hit border town again -security sources

  • Turkey’s military returned fire into an ISIS-controlled region of Syria after rockets hit the Turkish border town of Kilis

Source: dailystar.com.lb

John Kerry’s Phony Push for Peace in Syria

  • Washington wants war, not peace.
  • Conflict will continue as long as its objective remains unattained. Its calls for peace ring hollow.
  • They discussed collapsed peace talks ahead of attempting another farcical effort to revive them. Kerry lied, saying Washington seeks “not just re-implementation of cessation, but a path forward for (it) to hold.”
  • US-backed terrorists continue ravaging parts of Aleppo they control, Syrian forces with Russian aerial support remain committed to liberate the city.
  • Fact: International law affirms the right of self-defense. Assad responsibly aims to liberate Syria from US-backed terrorists killing civilians, committing atrocities, wanting his legitimate government toppled.
Source:  sjlendman.blogspot.com

False Flags

ISIS RELEASES NEW KILL LIST OF 3,600 RANDOM NEW YORKERS — FBI TO VISIT EACH PERSONALLY

  • Now we’re supposed to believe that ISIS’ Caliphate Cyber Army has leaked the names and home and email addresses of 3,600 average people living in New York, urging terrorists to randomly target and kill them because… terror?

Source: thedailysheeple.com

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