Bubbles, Bubbles The Economic Collapse Bubble – Episode 75

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In this report we will discuss the latest news on the economic collapse. There are 3 bubbles forming, the stock market, the treasury market and the real estate market. The FED, Government, and mainstream media is trying to convince the American people that the economy is doing well. All of these bubbles will pop and the economy will 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


Current News


Economy

Swiss banks forced to disclose US client names in tax evasion dispute

I thought taxes were voluntary, isn’t that what the IRS official said, if they are voluntary why does the bank need disclose information.  We know what this is, as the collapse gets closer the governments needs more revenue to pay the debt. So they implement more taxes and go after people to get taxes from them.

  • The Swiss government may have to cave in to US demands and disclose its banks’ client names in a bid to resolve the long-standing tax-evasion dispute between the two countries. Zurich would have to pay a multibillion-dollar fine or face court action.
  • According to Reuters’ industry insider sources, a government-brokered settlement has nearly been reached, but the Swiss finance minister has to find a way to dish out the deal without ruining the country’s reputation for keeping bank secrecy; a tradition which helped build the Alpine nation a $2 trillion offshore financial industry.
  • On Tuesday, the Swiss government ordered its third largest private bank, Julius Baer, to hand over data on US clients. Confidential information is due to be passed on to US tax authorities under the terms of an existing double taxation treaty between the two countries. Julius Baer replied it would provide the necessary data, though it didn’t reveal how many clients were involved.
  • At the end of April 2013, Julius Baer Group’s assets under management amounted to 220 billion Swiss francs ($207.7 million). The 16 per cent increase from the end of 2012 was in many ways thanks to its acquisition of Bank of America Corp.’s (BAC) Merrill Lynch wealth-management business outside of the US. Total client assets grew by 12 per cent to 309 billion Swiss francs.

The Economic Collapse Roller Coaster Ride – Episode 74

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In this report we will discuss the latest news on the economic collapse. The FED is continually confusing the public and the government in the meantime is trying to get the public to agree to a war so the economic collapse will be covered up.  In the mean time the government knows that an economic collapse will occur and they need to take the rights away from the people, disarm the people and keep them confused while everything falls apart.

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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“In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot.” ― Mark Twain


Economy

The Japanese Financial System Is Beginning To Spin Wildly Out Of Control

  • The financial system of the third largest economy on the planet is starting to come apart at the seams, and the ripple effects are going to be felt all over the globe. Nobody knew exactly when the Japanese financial system was going to begin to implode, but pretty much everyone knew that a day of reckoning for Japan was coming eventually. After all, the Japanese economy has been in a slump for over a decade, Japan has a debt to GDP ratio of well over 200 percent and they are spending about 50 percent of all tax revenue on debt service. In a desperate attempt to revitalize the economy and reduce the debt burden, the Bank of Japan decided a few months ago to start pumping massive amounts of money into the economy. At first, it seemed to be working. Economic activity perked up and the Japanese stock market went on a tremendous run. Unfortunately, there is also a very significant downside to pumping your economy full of money. Investors start demanding higher returns on their money and interest rates go up. But the Japanese government cannot afford higher interest rates. Without super low interest rates, Japanese government finances would totally collapse. In addition, higher interest rates in the private sector would make it much more difficult for the Japanese economy to expand. In essence, pretty much the last thing that Japan needs right now is significantly higher interest rates, but that is exactly what the policies of the Bank of Japan are going to produce.
  • There is a lot of fear in Japan right now. On Thursday, the Nikkei plunged 7.3 percent. That was the largest single day decline in more than two years. Then on Monday the index fell by another 3.2 percent.

The Economic Collapse Domino Effect – Episode 73

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In this report we will discuss the latest news on the financial collapse. The first domino in the economic collapse is about to fall. This will set off a chain reaction and spread across all nations. The central bankers and governments will try to contain this problem and use many different methods to avoid what is coming. In the end they will not be able to stop the eventual 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.

 


Current News


Economy

The Venerable Jack Bogle Has Warned Us A 25-50% Downward Move Is Almost Certain

  • “prepare for at least two declines of 25-30%, maybe even 50%, in the coming decade”
  • “We went down very fast and it took us about 4 years to come back which is relatively normal”

Japanese Stocks Extend Overnight Plunge – Down Over 14% From Highs

  • As if the overnight session in Japan was not bad enough, futures markets are indicating yet more weakness from the market that seemed (until 3 days ago) incapable of falling. With a 14.3% drop from its May 22nd highs, Japan’s Nikkei 225 is struggling to find buyers for this dip. What is interesting is the bid for European peripheral debt and equity markets this morning and the bounce in US futures (with no commensurate move in JPY which is hovering around 101). Gold and Silver are up around 1% with the USD unchanged. Treasury Futures imply a rise of 1-2bps in yield.

Societe Generale: WARNING! Stocks to Crash, Gold to Top $10,000

  • Gold prices will top $10,000 per ounce, the stock market will tank and Treasurys will yield less than 1 percent, Societe Generale’s Albert Edwards forecast.
  • from CNBC:
  • Gold prices will top $10,000 per ounce, the stock market will tank and Treasurys will yield less than 1 percent, Societe Generale’s Albert Edwards forecast in a trademark bearish report on Thursday.
  • (Read More: Sliding Yen Could Herald New Asian Currency Crisis: Albert Edwards)
  • “My working experience of the last 30 years has convinced me that policymakers’ efforts to manage the economic cycle have actually made things far more volatile… The current round of quantitative easing will be no different,” said Edwards in a weekly strategy report.
  • “We have written previously, quoting Marc Faber, that ‘The Fed Will Destroy the World’ through their money printing. Rapid inflation surely beckons. But that will not occur without firstly a Japanese-style loss of confidence in policymakers as we dive back into recession and produce dislocative market moves.”
  • Gold: When comes the explosion?
  • Many owners of gold tremble and ask if the 1000 holds. But many more are shaking banks that precious metals sold short. Short positions are on record.When it comes to hard coverings, also comes the moment of

The Economic Collapse Is Inevitable – Episode 72

youtube_inevitable_economic_collapse2In this report we will discuss the latest news on the financial collapse. The economic collapse is inevitable and we need to get use to the idea that it is going to happen sooner than later. The evidence is indisputable from the patriot act, NDAA and the FDIC and Bank of England document. From the recession of other countries to the armed forces separate and apart from the military the economic collapse is coming.

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.


Current News


Economy

Nikkei Futures Resume Plunge

  • Japanese stocks had another violent night with record trading volumes on the TOPIX. The early ‘buy the dip mentality’ rapidly escalated into sell-Mortimer-sell as the Nikkei 225 dropped another 1000 points after the lunch break. A late day recovery managed to close the index just in the green and all could relax that the world was once again a better place thanks to Abenomics. However, since Japan closed, Nikkei futures have been sold aggressively now testing back down towards overnight lows.
  • The overnight destruction was save by a late-day recovery just into the green – but things are escalatung rapidly once again…

 More Italians in grave economic condition, official figures show

Do you really think there is a recovery, let’s add in Greece, Cyprus, Spain, Portugal, America etc….

  • Italy’s National Statistics Institute, ISTAT, said in a newly released report that at the end of 2012, around 15 million people were dealing with some form of economic hardship.
  • The report added that over 8.5 million of those people were living in a seriously tough economic situation. The figure has doubled compared to 2010.
  • Recession in Italy has taken a heavy toll on ordinary Italians who are increasingly digging into their savings.
  • The latest figures also showed that in 2012 more than 16 percent of Italians were unable to afford an adequate protein-rich meal every two days.
  • Meanwhile, Italy’s consumers association Federconsumatori has warned that about nine million Italians have given up their health care due to economic hardships.
  • An Italian resident in Rome told Press TV, “Because Italians always put a brave face on things, on the surface everything is fine, everybody’s brave and they like to present a nice face to the world. But inside… things are very difficult.”
  • Italy started to experience recession after its economy contracted by 0.2 percent in the third quarter of 2011, and by 0.7 percent in the fourth quarter of the same year.
  • Over the past decade, Italy has been the slowest growing economy in the eurozone.

Don’t Worry The Financial Collapse Has Been Contained, Trust Me – Episode 71

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In this report we will discuss the latest news on the financial collapse. The government officials and central bankers always tell us that everything is under control. They use words like the financial collapse has been contained or that don’t worry this is normal. The economic collapse is on its way if you know where to look.

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.

 


Current News


Economy

Japanese Stocks Halted; Plunge 1500 Points To Close Down 7.3% – Biggest Drop In 26 Months

  • UPDATE 1: They are panicking… BOJ injected 2 trillion yen ($19.4 billion) into the financial system to stem volatility following a circuit breaker in JGB futures trading.
  • UPDATE 2: Nikkei 225 is now down 1500 points from its highs and down 1150 (over 7%) from yesterday’s close
  • All the time it is just the quadrillion JPY second-largest bond market in the world that is experiencing volatility on an unprecedented scale, the BoJ and her partners in crime are more than willing to ‘officially’ say “please do not worry.” But when the equity market – that barometer of everything good and holy about Abenomics starts to crater, you can bet the excuses will come fast and furious. Today’s drop of over 1500 points (over 9%) from the earlier highs is the largest drop for the Nikkei 225 since March 2011. The Nikkei 225 just lost the all-powerful 15,000 level and is suffering another VaR shock with a 6-sigma move today. In fact given the price levels this drop is on par with the post-Lehman moves in 2008. The question now (with US equity futures also fading fast -20 points and JPY crosses getting hammered) is how will the Japanese risk appetite for peripheral European crap hold up with this crimping in their plan as Japanese bonds and stocks dump?
  • The Nikkei 225 is down 7% (1000 points) from its earlier highs..

The Financial Collapse Is Going To Hit Like A Tidal Wave – Episode 70

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In this report we will discuss the latest news on the economic collapse. People always ask the same question, when will the financial collapse occur and will it hit like a tidal wave?  How can we know when the collapse is getting closer, we need to look at the actions of the Federal Reserve and Governments not what they are telling us.

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.


Current News


Economy

Global Assured Destruction, Or How Bernanke Now Holds The Entire World Hostage
The one headline we have been waiting for for over four years has just hit:

If Bernanke exits it all comes crumbling down, if Bernanke keeps printing the bubbles pop and it all comes crumbling down.  He is stuck, no matter which way he turns he is screwed. This is when plan “C” comes in.  False Flags to bring us into WAR!!!!

  • BOK KIM SAYS WORLD MAY FACE RATE RISK IF U.S. EXITS FROM QE
  • Not when, if. And there you have it: if the Fed exits, the world (and most certainly Japan) gets it. Thus, for the sake of the children (who will have inhert about $100 trillion in debt but don’t worry: debt is an asset as some “analysts” will promise) Bernanke can never exit. QE…D
  • And since never is a litte longer than 2016/2017, at some point in the next few years Bernanke will be the proud owner of all marketable Treasury paper. All of it.

The Economic Collapse Happens When You Least Expect It – Episode 69

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In this report we will discuss the latest news on the economic collapse. When people become relaxed and think nothing will happen, this is when it happens. The economic collapse is coming and that is a fact. When well will it hit, nobody really knows.  But when we least expect it that’s when it will hit and take the world by surprise.

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.


Current News


Economy

 What Could Possibly Go Wrong Here?

  • You know it’s getting frothy when… “We’re seeing many people cash out 401(k)s or IRAs because they want to take advantage of the [real estate] market.” As CNNMoney reports, in order to get in on hot housing markets, amateur investors are buying up homes and taking risky measures – like tapping their retirement accounts – to fund the deals. As one adviser noted, “our average client has retirement accounts of about $150,000 and is looking to buy one or two properties,” he said. “After 2008, they didn’t trust Wall Street. They wanted hard assets.” but as with every bubble there is always the greater fool to rely on – “They bought a lot of stuff cheap last year, but now they’re paying market value,” said Jack McCabe, a Florida-based real estate consultant. “Sometimes they’re overpaying… There’s no way they can get an 8% return buying at today’s market prices.” The problem, of course, is amateur investors sometimes spend all their free cash on their purchases, as “a whole lot of the people in the markets are not experts.” If the real estate market turns south again, that could leave a lot of investors in dire financial condition for their golden years.
  • Via CNNMoney,
  • In order to get in on hot housing markets, amateur investors are buying up homes and taking risky measures — like tapping their retirement accounts — to fund the deals.
  • “We’re seeing many people cash out 401(k)s or IRAs because they want to take advantage of the market,” said Sean Galaris of financial services firm LM Funding, based in Tampa. “This new scenario involves people losing significant personal funds since they are financing real estate through retirement accounts, savings and life insurance.”
  • “The decision to take money from your 401(k) is not for everyone,” said McDermott. At the age of 48, she has already had five arterial stents implanted. “Having heart disease put me in a position where I was scrambling for life insurance,” she said. ” I looked elsewhere to create a legacy: real estate.”
  • “Our average client has retirement accounts of about $150,000 and is looking to buy one or two properties,” he said. “After 2008, they didn’t trust Wall Street. They wanted hard assets.”
  • But Wall Street is getting into this