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Rumor Mill News Reading Room, Current Archive

ZH On The Economy... "They're Right,... It ** IS ** Different This Time....It's Worse...Much, Much Worse"....

Posted By: Watchman
Date: Wednesday, 13-Jan-2021 05:52:37
www.rumormill.news/125665

For those who can glance up from their facebook account and kitty texts on their I phones long enough to see some reality..., getteth thou COMPLETELY ready.

Especially during the past month the prices of commodities are going through the roof, and starvation due to the lowest US crop yields ever, 2019 and 2020 will be one to remember.

In addition, safe-haven rushes to precious metals has resulted in firm breakthroughs in the 'maginot line' prices of Gold and Silver.

The money masters have lost control in what may be the end of physical fiat, and the hype for yet an even more disastrous jump to cryptos.

At the link below are numerous other links which are begging you...

Get your family some food for the coming times. The nightmare we have been rejoicing and playing in for the past few decades is about to require repayment in real labor. Survival labor.

watchman
=============================================

Authored by Sven Henrich via NorthmanTrader.com,

They’re right. It IS different this time. It’s worse. Much, much worse. What is? Everything.

In terms of preparedness for the next recession that is. Debt is higher than ever, be it corporate debt, government debt, central banks balance sheets, available ammunition to deal with a new recession, wealth inequality, the social divisions and political extremes, and now trillion dollar deficits, everything points to a much more fragile system. Oh yes on paper low rates keep it all afloat, but the context is as ugly as it gets.

Here we are, the great collapse unfolding in front of us. With yesterday’s Fed meeting we witnessed a confirmed breakdown in central bank narratives over last the year, an utter capitulation to market realities that are forcing central banks to commence the new easing cycle. No, this is not a temporary little rate cut event they are promising, it’s a new cycle. The Fed yesterday offered a 3 rate cut outlook, precisely what markets had been pricing in. The Fed bowing before market demands. Give us drugs. Yes, whatever you want, you got it.

The response: An overnight collapse in yields to now below 2% on the 10 year, the lowest reading since the US election in 2016.

It was all bullshit:

https://www.zerohedge.com/news/2019-06-20/theyre-right-it-different-time



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AN EXPLANATION OF THE FACTIONS