Finance

The Shemitah: The Biblical Pattern Which Indicates That A Financial Collapse May Be Coming In 2015
theeconomiccollapseblog.com
Does a mystery that is 3,500 years old hold the key to what is going to happen to global financial markets in 2015?  Could it be possible that the timing of major financial crashes is not just a matter of coincidence?  In previous articles on my website, I have discussed some of the major economic and financial cycle theories and their proponents.  For example, in an article entitled “If Economic Cycle Theorists Are Correct, 2015 To 2020 Will Be Pure Hell For The United States“, I [...]
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Radical Leftists Win Election In Greece – Future Of Eurozone In Serious Jeopardy
theeconomiccollapseblog.com
Radical leftists have been catapulted to power in Greece, and that means that the European financial crisis has just entered a dangerous new phase.  Syriza, which is actually an acronym for “Coalition of the Radical Left” in Greek, has 36 percent of the total vote with approximately 80 percent of the polling stations reporting.  The current governing party, New Democracy, only has 28 percent of the vote.  Syriza leader Alexis Tsipras is promising to roll back a whole host of auste [...]
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This Is The Beginning Of The End For The Euro
theeconomiccollapseblog.com
The long-anticipated collapse of the euro is here. When European Central Bank president Mario Draghi unveiled an open-ended quantitative easing program worth at least 60 billion euros a month on Thursday, stocks soared but the euro plummeted like a rock.  It hit an 11 year low of $1.13, and many analysts believe that it is going much, much lower than this.  The speed at which the euro has been falling in recent months has been absolutely stunning.  Less than a year ago it was hovering near $1 [...]
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We’re #1! Big Pharma Edition | Jesse Ventura Off The Grid – Ora TV
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In this edition, Jesse talks prescription drug abuse. Prescription painkiller abuse runs rampant in this country thanks to all of the money pharmaceutical companies give the FDA. Voice your opinion on the issue at ora.tv/offthegrid/askjesse. Message Jesse at ora.tv/offthegrid/askjesse. www.ora.tv SUBSCRIBE to Jesse Ventura's channel: http://bit.ly/1cxRueG Sign up for show updates here: http://on.ora.tv/1bVRusp LIKE "Jesse Ventura" on Facebook http://www.facebook.com/jesseventura [...]
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12 Signs That The Economy Is Really Starting To Bleed Oil Patch Jobs
theeconomiccollapseblog.com
The gravy train is over for oil workers.  All over North America, people that felt very secure about their jobs just a few weeks ago are now getting pink slips.  There are even some people that I know personally that this has happened to.  The economy is really starting to bleed oil patch jobs, and as long as the price of oil stays down at this level the job losses are going to continue.  But this is what happens when a “boom” turns into a “bust”.  Since 2003, drilli [...]
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Swiss Shocker Triggers Gigantic Losses For Banks, Hedge Funds And Currency Traders
theeconomiccollapseblog.com
The absolutely stunning decision by the Swiss National Bank to decouple from the euro has triggered billions of dollars worth of losses all over the globe.  Citigroup and Deutsche Bank both say that their losses were somewhere in the neighborhood of 150 million dollars, a major hedge fund that had 830 million dollars in assets at the end of December has been forced to shut down, and several major global currency trading firms have announced that they are now insolvent.   And these are just th [...]
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27 Facts That Show How The Middle Class Has Fared Under 6 Years Of Barack Obama
theeconomiccollapseblog.com
During his State of the Union speech on Tuesday evening, Barack Obama is going to promise to make life better for middle class families.  Of course he has also promised to do this during all of his other State of the Union addresses, but apparently he still believes that there are people out there that are buying what he is selling.  Each January, he gets up there and tells us how the economy is “turning around” and to believe that much brighter days are right around the corner.  [...]
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What In The World Just Happened In Switzerland?
theeconomiccollapseblog.com
Central banks lie.  That is what they do.  Not too long ago, the Swiss National Bank promised that it would defend the euro/Swiss franc currency peg with the “utmost determination”.  But on Thursday, the central bank shocked the financial world by abruptly abandoning it.  More than three years ago, the Swiss National Bank announced that it would not allow the Swiss franc to fall below 1.20 to the euro, and it has spent a mountain of money defending that peg.  But now that it loo [...]
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This Is Exactly How Markets Behave Right Before They Crash
theeconomiccollapseblog.com
When the stock market starts to behave like a roller coaster, that is a sign that a major move to the downside is right around the corner.  As I have stated repeatedly, when the market is very calm it tends to go up.  But when the waters start getting really choppy, that is a clear indication that stocks are about to plummet.  In early 2015, volatility has returned to Wall Street in a big way.  At one point on Tuesday, the Dow was up more than 300 points.  But then the bottom dropped out.  [...]
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We’re #1! TSA Edition | Jesse Ventura Off The Grid – Ora TV
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We're #1! TSA Edition | Jesse Ventura Off The Grid - Ora TV SUBSCRIBE to Jesse Ventura's channel: http://bit.ly/1cxRueG Now that the government and big media have us sufficiently shaking in our boots about Ebola, new measures are being taken at the airports to beef up screening because apparently it’s not beefy enough already. Check out the latest Off The Grid episode on why we’re #1 in airport security. Agree or disagree with Jesse? Sound off at ora.tv/offthegrid/askjesse. Message Jesse [...]
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Boom Goes The Dynamite: The Crashing Price Of Oil Is Going To Rip The Global Economy To Shreds
theeconomiccollapseblog.com
If you were waiting for a “black swan event” to come along and devastate the global economy, you don’t have to wait any longer.  As I write this, the price of U.S. oil is sitting at $45.76 a barrel.  It has fallen by more than 60 dollars a barrel since June.  There is only one other time in history when we have seen anything like this happen before.  That was in 2008, just prior to the worst financial crisis since the Great Depression.  But following the financial crisis o [...]
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All Over America, Government Officials Are Cracking Down On Preppers
theeconomiccollapseblog.com
Why would the government want to punish people that are just trying to work hard, become more self-sufficient and take care of their families?  There are approximately 3 million preppers in the United States today, and often they appear to be singled out for punishment by bureaucratic control freaks that are horrified at the thought that there are families out there that actually want to try to become less dependent on the system.  So if you use alternative methods to heat your home, or if you [...]
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On The Verge Of The Next Economic Crisis, 62 Percent Of Americans Are Living Paycheck To Paycheck
theeconomiccollapseblog.com
Nearly two-thirds of all Americans are completely and totally unprepared for the next economic crisis.  As you will read about below, a new survey has found that only 38 percent of Americans have enough money on hand to cover “a $500 repair bill or a $1,000 emergency room visit”.  That essentially means that 62 percent of the people in this country do not have an emergency fund.  Even after the extremely bitter financial lessons that millions of Americans learned during the last r [...]
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10 Key Events That Preceded The Last Financial Crisis That Are Happening Again RIGHT NOW
theeconomiccollapseblog.com
If you do not believe that we are heading directly toward another major financial crisis, you need to read this article.  So many of the exact same patterns that preceded the great financial collapse of 2008 are happening again right before our very eyes.  History literally appears to be repeating, but most Americans seem absolutely oblivious to what is going on.  The mainstream media and our politicians are promising them that everything is going to be okay somehow, and that seems to be good [...]
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Oil Falls Below 50 As Global Financial Markets Begin To Unravel
theeconomiccollapseblog.com
On Monday, the price of oil fell below $50 for the first time since April 2009, and the Dow dropped 331 points.  Meanwhile, the stock market declines over in Europe were even larger on a percentage basis, and the euro sank to a fresh nine year low on concerns that the anti-austerity Syriza party will be victorious in the upcoming election in Greece.  These are precisely the kinds of things that we would expect to see happen if a global financial crash was coming in 2015.  Just prior to the fi [...]
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11 Predictions Of Economic Disaster In 2015 From Top Experts All Over The Globe
theeconomiccollapseblog.com
Will 2015 be a year of financial crashes, economic chaos and the start of the next great worldwide depression?  Over the past couple of years, we have all watched as global financial bubbles have gotten larger and larger.  Despite predictions that they could burst at any time, they have just continued to expand.  But just like we witnessed in 2001 and 2008, all financial bubbles come to an end at some point, and when they do implode the pain can be extreme.  Personally, I am entirely convinc [...]
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Who Is Behind The Oil War, And How Low Will The Price Of Crude Go In 2015?
theeconomiccollapseblog.com
Who is to blame for the staggering collapse of the price of oil?  Is it the Saudis?  Is it the United States?  Are Saudi Arabia and the U.S. government working together to hurt Russia?  And if this oil war continues, how far will the price of oil end up falling in 2015?  As you will see below, some analysts believe that it could ultimately go below 20 dollars a barrel.  If we see anything even close to that, the U.S. economy could lose millions of good paying jobs, billions of dollars of e [...]
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The American People Are Utterly Clueless About What Is Going To Happen As We Enter 2015
theeconomiccollapseblog.com
The American people are feeling really good right about now.  For example, Gallup’s economic confidence index has hit the highest level that we have seen since the last recession.  In addition, nearly half of all Americans believe that 2015 will be a better year than 2014 was, and only about 10 percent believe that it will be a worse year.  And a lot of people are generally feeling quite good about the people that have been leading our nation.  According to Gallup, once again this year [...]
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The 2.6 Billion Dollar Welfare Payment That The U.S. Government Gives To Wal-Mart
theeconomiccollapseblog.com
Should the federal government be spending billions of dollars to pump up Wal-Mart’s profits?  I know that question sounds really bizarre, but unfortunately this is essentially what is happening.  Because Wal-Mart does not pay them enough money, hundreds of thousands of Wal-Mart employees enroll in Medicaid, food stamps and other social welfare programs.  Even though Wal-Mart makes enormous profits, they refuse to properly take care of their employees so the federal government has to do [...]
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A Cyber War With North Korea And An Economic War With Russia
theeconomiccollapseblog.com
In addition to all of our wars in the Middle East and the war that has erupted on the streets of America, we are now engaged in a cyber war with North Korea and an economic war with Russia.  Without a doubt, the United States has the capability to do a tremendous amount of damage to both of them.  But what about the damage that they could potentially do to us?  We have a society that is absolutely teeming with soft targets.  Our Internet infrastructure is extremely vulnerable, our debt-based [...]
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It’s WAR On The Streets Of America
theeconomiccollapseblog.com
Make no mistake – there is now a state of open warfare on the streets of America.  Earlier this year it was being reported that the number of police officers killed on the job was up 40 percent in 2014, and that was before all of the civil unrest caused by the deaths of Michael Brown and Eric Garner.  At this point, attacks on police officers are becoming a frequent occurrence all over the country, but no incident has stunned the nation as much as the “execution-style” murder [...]
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Junk Bonds Are Going To Tell Us Where The Stock Market Is Heading In 2015
theeconomiccollapseblog.com
Do you want to know if the stock market is going to crash next year?  Just keep an eye on junk bonds.  Prior to the horrific collapse of stocks in 2008, high yield debt collapsed first.  And as you will see below, high yield debt is starting to crash again.  The primary reason for this is the price of oil.  The energy sector accounts for approximately 15 to 20 percent of the entire junk bond market, and those energy bonds are taking a tremendous beating right now.  This panic in energy bon [...]
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There Is Hope In Understanding That A Great Economic Collapse Is Coming
theeconomiccollapseblog.com
If you were about to take a final exam, would you have more hope or more fear if you didn’t understand any of the questions and you had not prepared for the test at all?  I think that virtually all of us have had dreams where we show up for an exam that we have not studied for.  Those dreams can be pretty terrifying.  And of course if you were ever in such a situation in real life, you probably did very, very poorly on that test.  The reason I have brought up this hypothetical is to ma [...]
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We’re #1… in Debt!  | Jesse Ventura Off The Grid – Ora TV
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Between Americans with credit card debt owing an average of $11,000 and college graduates spending decades to pay off student loans, the U.S. leads the world in accumulating massive amounts of debt. Got a question or thoughts for the Governor? Message him at ora.tv/offthegrid/askjesse. Message Jesse at ora.tv/offthegrid/askjesse. www.ora.tv SUBSCRIBE to Jesse Ventura's channel: http://bit.ly/1cxRueG Sign up for show updates here: http://on.ora.tv/1bVRusp LIKE "Jesse Ventura" on Fa [...]
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A Full-Blown Economic Crisis Has Erupted In Russia
theeconomiccollapseblog.com
The 8th largest economy on the entire planet is in a state of turmoil right now.  The shocking collapse of the price of oil has hit a lot of countries really hard, but very few nations are as dependent on energy production as Russia is.  Sales of oil and natural gas account for approximately two-thirds of all Russian exports and approximately 50 percent of all government revenue. So it should be no surprise that the fact that the price of oil has declined by almost 50 percent since June is abs [...]
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We Just Witnessed The Worst Week For Global Financial Markets In 3 Years
theeconomiccollapseblog.com
Is this the start of the next major financial crisis?  The nightmarish collapse of the price of oil is creating panic in financial markets all over the planet.  On June 16th, U.S. oil was trading at a price of $107.52.  Since then, it has fallen by almost 50 dollars in less than 6 months.  This has only happened one other time in our history.  In the summer of 2008, the price of oil utterly collapsed and we all remember what happened after that.  Well, the same patterns that we witnessed b [...]
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14 Facts That Prove That The Number Of Children Living In Poverty This Christmas Is At A Record High
theeconomiccollapseblog.com
Did you know that 65 percent of all children in the United States live in a home that receives aid from the federal government?  We live at a time when child poverty in America is exploding.  Yes, the U.S. economy is experiencing a temporary bubble of false stability for the moment, but even during this period of false stability the gap between the wealthy and the poor continues to rapidly expand and the middle class is being systematically destroyed.  And sadly, this is having a disproportio [...]
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Not Just Oil: Guess What Happened The Last Time Commodity Prices Crashed Like This?…
theeconomiccollapseblog.com
It isn’t just the price of oil that is collapsing.  The last time commodity prices were this low was during the immediate aftermath of the last financial crisis.  The Bloomberg Commodity Index fell to 110.4571 on Monday – the lowest that it has been since April 2009.  Just like junk bonds, industrial commodities are a very reliable leading indicator.  In other words, prices for industrial commodities usually start to move in a particular direction before the overall economy does. [...]
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