Government Not Ready For The Collapse, More Stimulus Needed – Episode 108

youtube_needstimulus_economic_collapse2In this report we will discuss the latest news on the economic collapse. The government signaled that the collapse is coming to quickly and they are not prepared. The FED reported that since the economic indicators are not where they would want them they will need to pile on more stimulus to keep the economy going. The FED is the market and without the stimulus the entire world collapses. The government still needs to get the gun bills and CISPA passed, and the war started in Syria. To do this they will count on false flag events to try to pull this off. If they cannot pull this off with these events they will use the main event the Cyber Attack.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse


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Economy

French-Owned Fitch Downgrades FrAAAnce To AA+

  • On the even of Bastille Weekend and the 100th anniversary of the Tour de France, you know it must be bad when the French-company-owned ratings agency Fitch is forced to remove its AAA rating from France. Key drivers include Debt-to-GDP projections rising and substantially weaker economic output and forecasts.

Economic Bellwether UPS Just Slashed Earnings

If the FED prints more money this should help UPS, right!!!!

  • Global shipper UPS just reported preliminary earnings of $1.13 per share in the second quarter, below consensus estimates for $1.20 EPS, and lowered its guidance for full-year earnings as well.
  • The company cites several factors expected to weigh on earnings when the company officially reports its Q2 results on July 23:

The Government Is Working In Stealth Mode To Prepare For The Economic Collapse – Episode 107

youtube_stealth_economic_collapse2In this report we will discuss the latest news on the economic collapse. The government is preparing for many false flags this summer. They are pushing the agenda of race riots and they are preparing to push the gun legistlation forward with the some type of false flag event while the congress is on summer recess. The global economy is falling apart and unemployment, bail outs are getting worse by the day. Meanwhile the government is preparing laws and tactics in stealth mode before the economic collapse hits the world.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse


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Economy

The wheels are coming off the whole of southern Europe

  • Europe’s debt-crisis strategy is near collapse. The long-awaited recovery has failed to take wing. Debt ratios across southern Europe are rising at an accelerating pace. Political consent for extreme austerity is breaking down in almost every EMU crisis state. And now the US Federal Reserve has inflicted a full-blown credit shock for good measure.
  • None of Euroland’s key actors seems willing to admit that the current strategy is untenable. They hope to paper over the cracks until the German elections in September, as if that is going to make any difference.
  • A leaked report from the European Commission confirms that Greece will miss its austerity targets yet again by a wide margin. It alleges that Greece lacks the “willingness and capacity” to collect taxes. In fact, Athens is missing targets because the economy is still in freefall and that is because of austerity overkill. The Greek think-tank IOBE expects GDP to fall 5pc this year. It has told journalists privately that the final figure may be -7pc. The Greek stabilisation is a mirage.
  • Italy’s slow crisis is again flaring up. Its debt trajectory has punched through the danger line over the past two years. The country’s €2.1 trillion (£1.8 trillion) debt – 129pc of GDP – may already be beyond the point of no return for a country without its own currency.
  • Standard & Poor’s did not say this outright when it downgraded the country to near-junk BBB on Tuesday. But if you read between the lines, it is close to saying the game is up for Italy.
  • Its point is that if “nominal GDP” remains near zero, Rome will have to run a primary surplus of 5pc of GDP each year to stabilise the debt ratio. “Risks to achieving such an outturn appear to be increasing,” it said.

We Are Headed For False Flag Events, Economic Collapse And WWIII (Part 2)- Episode 106

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In this report we will discuss the latest news on the economic collapse. The economies of the world are on the verge of collapse, unemployment in the Eurozone area is at an all time high, the rights of the people are being taken away one by one. The US government believes it is above the law and can do whatever it wants in other countries. Next week starts another round of potential false flags, the National Scout Jamboree Biological drill, the Zimmerman Trial that might cause race riots, the Cyber Attack Drill on July 18th that could turn into a real attack on banks. Russia, Syria, Iran, China, North Korea, Japan and the US are all flexing their muscles towards war. All of this to cover up the great economic collapse.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse


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Economy

Eurozone unemployment rate worse than OECD average

  • The unemployment landscape in the eurozone worsened slightly in May, diverging further from the overall rate of 8.0 percent in advanced countries, the OECD said on Tuesday.
  • The rate in OECD countries was 8.0 percent in May for the third month running but in the eurozone it edged up to 12.2 percent, the highest level for about 20 years, the OECD said.
  • Overall, 48.5 million people were unemployed in the 34 OECD countries in May, regular monthly and harmonised OECD data showed.
  • This meant that 100,000 people had swelled the total of unemployed in the month, and that 13.8 million people had joined the mass of unemployed people since July 2008 when the financial crisis began.
  • The Organisation for Economic Cooperation and Development noted that the gap between the average OECD unemployment rate and the situation in the eurozone was widening, to 4.2 percentage points from 1.7 percentage points in July 2008.
  • The OECD highlighted the performance in other leading economies: in the United States the rate in May rose by 0.1 percentage points to 7.6 percent but in Canada it fell by the same amount to 7.1 percent.

We Are Headed For False Flag Events, Economic Collapse And WWIII (Part 1)- Episode 105

youtube_wwiii_falseflags_economic_collapse2In this report we will discuss the latest news on the economic collapse. The economies of the world are on the verge of collapse, unemployment in the Eurozone area is at an all time high, the rights of the people are being taken away one by one. The US government believes it is above the law and can do whatever it wants in other countries. Next week starts another round of potential false flags, the National Scout Jamboree Biological drill, the Zimmerman Trial that might cause race riots, the Cyber Attack Drill on July 18th that could turn into a real attack on banks. Russia, Syria, Iran, China, North Korea, Japan and the US are all flexing their muscles towards war. All of this to cover up the great economic collapse.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse


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Economy

Japan Government To Change Inflation Calculation Ushering In Even More BOJ Liquidity

When all else fails change the calculation so what you are doing works. If you are printing tons of money and the numbers are showing inflation, here is an easy fix change the calculation. All countries are doing it, the US changed unemployment, GDP and inflation calculation to reflect that the FED policy is working

  • When it comes to changing the “measurement” rules in the middle of the game, nobody does it quite like Japan: in the aftermath of the Fukushima nuclear explosion, when radiation was soaring (and still is with Tritium levels just hitting a record high but who cares – Goldman partners have to earn record bonuses on the back of the irradiated island) Japan’s solution was simple: double the maximum safe irradiation dosage. Done and done. Now, it is time to do the same to that other just as pesky, if somewhat less lethal indicator: inflation. Reuters reports that the Japanese government plans to adopt a different measure of inflation to the central bank’s.
  • The official explanation for this upcoming adoption of core-core-CPI which also excludes energy prices in addition to fresh food costs (as core CPI does everywhere else in the world) is to “raise the bar” on Abe’s inflation goal. In reality, it will simply grant the BOJ unlimited ammo to continue injecting liquidity indefinitely because absent exploding energy costs (as we have discussed), inflation in Japan is quite dormant. But what will really happen is that inflation will merely become just one more governmentally-determined and goalseeked economic indicator and policy tool, as it is in the US and China.

The Economic Collapse Is Starting To Heat Up – Episode 104

youtube_heatingup_economic_collapse2In this report we will discuss the latest news on the economic collapse. The summer is heating up and so is the economic collapse, Europe is in turmoil, Egypt is on the verge of a civil war. The war drums are getting louder with Syria. The economic collapse is starting to show its signs and it is heating up and will soon have a major melt down.  From stocks to real estate all will come to a screeching halt and collapse and those who are not prepared will be shocked when hits.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse


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Economy

11 Signs That Italy Is Descending Into A Full-Blown Economic Depression

Most of the European nations are in the same boat. There is a deep, deep recession happening in Europe.  Many countries are starting to really feel it like Portugal, Italy, Spain, Cyprus and Greece.

  • #1 The unemployment rate in Italy has risen to 12.2 percent. That is the highest that it has been in more than 35 years.
  • #2 The youth unemployment rate in Italy is sitting at 38.5 percent, and in southern Italy it recently hit the 50 percent mark.
  • #3 An average of 134 retail outlets are shutting down in Italy every single day. Overall, approximately 224,000 retail establishments have closed since 2008.
  • #4 Italy’s economy has now been contracting for seven quarters in a row.
  • #5 It is being projected that Italy’s GDP will shrink by 1.8 percent this year.
  • #6 Industrial production in Italy has declined for 15 months in a row. It has now fallen to its lowest level in about 25 years.
  • #7 Overall, factory output in Italy has fallen by about one-fourth since 2008.
  • #8 In May, automobile sales in Italy were down 8 percent compared to one year earlier.
  • #9 The number of people that are considered to be “seriously deprived” in Italy has doubled over the past two years.
  • #10 Italy now has a debt to GDP ratio of 130 percent.
  • #11 It is being projected that Italy will need a major EU bailout within six months.
  • At this point, Italy is flat broke.

The Economic Collapse Has Been Contained, The FED Will Start Tapering – Episode 102

youtube_fedtaper_economic_collapse2In this report we will discuss the latest news on the economic collapse. Goldman just got the word from the FED that since the economy is recovering the taper is on for September. During this time we can see gold to drop, investors to flee from bonds and the FED will try to prop up the stock market using the plunge protection team and the high frequency traders. During this time there are many chemical and biological drills scheduled for this summer.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse


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Economy

Here is the link to the gold graphs

June Payrolls +195K Much Higher Than Expected; Underemployment Rate Soars To 14.3%

  • So much for any doubts about a September taper: with the street expecting a 165K NFP number for June, the actual print of 195K following an upward revised May print of 195K as well, means the Fed’s September flow fade, aka Taper, is now virtually assured. On the other side, the Household Survey printed a 160K increase in jobs. The Unemployment Rate stayed at 7.6% despite expectations of a drop to 7.5%, although the real action was in the underemployment rate which exploded from 13.8% to 14.3%.
  • The Civilian Labor Force rose once again, printing at 63.5% with the labor force rising from 155,658
  • to 155,835.
  • Total nonfarm payroll employment increased by 195,000 in June, in line with the average monthly gain of 182,000 over the prior 12 months. In June, job growth occurred in leisure and hospitality, professional and business services, retail trade, health care, and financial activities. (See table B-1.)
  • Leisure and hospital ity added 75,000 jobs in June. Monthly job growth in this industry has averaged 55,000 thus far in 2013, almost twice the average gain of 30,000 per month in 2012. Within leisure and hospitality, employment in food services and drinking places continued to expand, increasing by 52,000 in June. Employment in the amusements, gambling, and recreation industry also continued to trend up in June (+19,000).

The Economic Collapse Independence Day – Episode 101

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In this report we will discuss the latest news on the economic collapse. During this Independence day we see other countries declaring their own independence. We nee to look at all the rights the government has taken away which our founding fathers fought for. Many of the peoples rights have been taken away through terrorizing the masses into thinking the government needs to take care of the people. As we can see around the world there are many signs that the economic collapse is pushing forward and there is no stopping it.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse


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Economy

Nigel Farage Destroys Europe’s Latest Bad Idea

  • I’ve landed this morning in Frankfurt… financial capital of one of the few remaining ‘healthy’ countries in Europe able to inspire a modicum of confidence among investors.
  • As southern Europe buckles under the weight of unserviceable debt and 60%+ youth unemployment rates, Germany is coasting along with an almost historically low unemployment rate, and an almost historically high stock index.
  • In fact, the disparity between Germany and its southern neighbors could not be more obvious.
  • The German Chancellor Angela Merkel has now become a de facto Trustee of the continent. Her fingerprints are all over everything– restructuring agreements, bailout plans, the bank account theft in Cyprus, etc.
  • She is, at this moment, hosting an EU conference in Berlin, making a public pledge to ‘tackle’ the continent’s job crisis. This seems strangely out of her jurisdiction.
  • It’s bad enough when people get screwed by their own politicians. Just imagine getting screwed over by some other country’s politicians…
  • Of course, European policy to deal with the jobs crisis is quite simple: print more money. And the German government has had long-standing influence in European monetary policy to make this happen.
  • The European Central Bank is right here in Frankfurt, just a stone’s throw away from the cafe where I’m at on Gallusanlage Street. The entire edifice is a shrine to the euro, complete with a hideous monument that probably measures ten meters across.
  • Smartly-dressed bureaucrats are streaming in from the mothership right now for congratulatory cold beers… a day’s end toast to another job well done of conjuring more paper money out of thin air.
  • I have to imagine that this entire euro system is probably going to go down as one of the worst ideas in the history of economics.
  • The central bank fiat system that pervades global finance is already ludicrous enough. We entrust the reins of an entire economy, the prices of goods and services, the printing press, total control of financial markets– to a tiny elite.