Entering the Belly of the Epocalypse

Posted February 8, 2016 By David Haggith
William Blake [Public domain], via Wikimedia Commons

Only a couple of weeks ago, I said we were entering the jaws of the Epocalypse. Now we are sliding rapidly down the great beast’s throat toward its cavernous belly. The biggest economic collapse the world has ever seen is consuming everything — all commodities, all industries, all national economies, all monetary systems, and eventually all peace and […]

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Federal Reserve Economic Stimulus Plan Goes Negative!

Posted February 6, 2016 By David Haggith
By Federalreserve (00491) [Public domain], via Wikimedia Commons

The Federal Reserve economic stimulus plan is edging toward the Twilight Zone now that the Fed sees its recovery about to be eaten by an economic apocalypse greater than its imagination could conceive. Though many think of central bankers as stogy and uncreative, the Fed has been quite creative when it comes to massive economic ideas that […]

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Audio Interviews – A quick note to regular readers

Posted February 6, 2016 By David Haggith

I just want to make a note here that I have started adding links to audio interviews that I’ve been doing in the left sidebar. I mention it because the sidebar doesn’t change much, so regular readers might not have noticed.  

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Irrational Exuberance in Stock Market Knows No Bounds

Posted February 1, 2016 By David Haggith
Soupline

January was the winter of our discontented stock market. It was the worst January since 2008, when the Great Recession began. It was, in fact, the worst January in the history of the New York Stock Exchange. According to Citigroup, Inc., it was also the worst January ever for credit markets. A financial professor at NYU agrees with […]

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Cashless Society War Intensifies During Global Epocalypse

Posted January 21, 2016 By David Haggith
cashless society cover of The Economist

In the fall of 2015, the world descended into an economic apocalypse that will transform the globe into a single cashless society. This bold prediction is based on trends in nations all over the earth as shown in the article below. As we enter 2016, we are only beginning to see this Epocalypse form through the fog of war. The […]

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Stock Market Stupidity Stoops to New Lows as Does Oil

Posted January 19, 2016 By David Haggith
By a_marga from madrid, Spain (Be stupid) [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

Lot of people riding the stupid train right now. The stock market opened its third week of the year up 150 points on the Dow and, by midday, proceeded to trip all over its feet again. It is getting funny to watch investors continue to bang their bullheaded, brainless, upper-respiratory junction they call a head against the market’s ceiling. […]

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The Epocalypse Spreads its Gaping Jaws and Smiles

Posted January 16, 2016 By David Haggith
By A. Burnham Shute (Moby-Dick edition - C. H. Simonds Co) [Public domain], via Wikimedia Commons

If it weren’t so serious for the world, it would have been funny to watch on Thursday as the stock market rose sharply upon news that oil prices were rising. Robotraders with silicone brains, I thought. Do people really believe today’s rise in the price of oil means anything? There must be a built-in desperation to the robotraders’ algorithms […]

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Oklahoma Earthquakes Shake Up Scientists, Rattle Politicians

Posted January 14, 2016 By David Haggith
By Brian Sherrod, United States Geological Survey (United States Geological Survey Multimedia Gallery) [Public domain], via Wikimedia Commons

Oklahoma earthquakes have shoved California out of first-place as the most seismically active state in the union. In fact, Oklahoma has become more seismically active than all lower forty-eight states combined. It is now one of the most active regions in the world, and the danger, according to the USGS, is greater than you think.

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Global Stock Market Crash Goes Wild As Fed Goliath Dies

Posted January 12, 2016 By David Haggith
By H. Zell (Own work) [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

As stock markets all over the globe start the week with more cliff diving, following their worst opening week in history, I’d like to take this opportunity to jam my finger in the central bank’s eye. The Federal Reserve’s recovery plan — which I’ll call “Goliath” because of its giant monetary expansion — is now dying. Its obituaries are quickly hitting newspapers all […]

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I Bet My Blog on a Stock Market Crash and Won

Posted January 8, 2016 By David Haggith
BullSick

I’m going to declare that I’ve won my bet, and the blog is still here! I bet my blog last year that the global economy would collapse by last fall and that the US stock market would crash in the fall. When fall came, I doubled down on the bet by also betting the exact date for the stock […]

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2016 Economic Predictions: Year of the Epocalypse

Posted January 8, 2016 By David Haggith
Afe tower demolition as symbol of economic collapse

An economic apocalypse upon us. My 2016 economic predictions provide the full explanation as to why 2016 will be the year of the Epocalypse — a word that encompasses the roots “economic, epoch, collapse” and “apocalypse.” I needed a word big enough to describe all that is about to befall the world in 2016. When you see the towering forces that […]

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CNBC Video

In a dynamite interview, Richard Fisher, former president and CEO of the Federal Reserve Bank of Dallas, gave what may be the biggest confession you’ll ever see and hear from a Federal Reserve insider: the Federal Reserve knowingly “front ran” the US stock market recovery (i.e., manipulated the market) and created a huge asset bubble. Fisher […]

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2016 Stock Market off to a Stumbling Start, Some See Omen

Posted January 5, 2016 By David Haggith
Omen

As investors cried, “Good riddance to 2015, a terrible year for stocks,” 2016 decided to start out worse. The Chinese stock market got the dry heaves again, and the rest of the world’s markets got sea sick. Stock-market superstition says, “As goes the first day, so goes the year.” Let’s check that out.   The […]

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Santa Claws Snatches Christmas Stock Market Rally

Posted January 3, 2016 By David Haggith
By Moxie837 (Own work) [Public domain], via Wikimedia Commons

Horror movies begin with a simple, almost innocent hint that something is not quite right. The first sign that we have entered the shadowy dawn of global economic collapse, which I call the “Epocalypse,” is Santa Claus’s failure to show up on Wall Street at Christmastime. A Santa Claus rally for the New York Stock Exchange is as dependable […]

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