Archive for October, 2015

Sometimes When I Read Economists My Brain Hurts

Posted October 29, 2015 By David Haggith
Celebrate because the Epocalypse is here!

And it isn’t because of their fancy math or their impenetrable jargon or even their arrogance.   “We’re in a puzzling economy,” Shiller told Bloomberg TV.   The kindly professor sounded genuinely befuddled, which left me wondering how an economist can be puzzled as to why the economy isn’t working when its flaws are more obvious than […]

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Epocalypse Coming: Supertrends That Will Trump Central Banks

Posted October 28, 2015 By David Haggith

A supercell spawns tornados — sometimes many. The supertrends I present in the following list have the same power. Against this much larger storm, the quantitative easing of central banks along with their zero-interest policies are a mere breeze — a sniffle of discontent. Supertrend #1 – Interbank Loans Freezing Up … Again The first supertrend […]

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Obama Foreign Policy in European Cartoons

Posted October 24, 2015 By David Haggith

European leaders share a laugh over Obama foreign policy.

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Epocalypse: Is the Perfect Economic Storm on the Horizon?

Posted October 21, 2015 By David Haggith
The Daily Doom: Economic News of our Troubled Times

Retail is way down. New jobs are way down. Corporate debt has never been higher. Interest is rising ahead of the Fed. The pile of junk bonds is starting to waver. Investors are moving to gold and cash. Are these the emerging indicators of a perfect economic storm?     US Investors – Risk-Off   […]

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Inflation Fraud: How Calculation of the US Inflation Rate is Rigged

Posted October 16, 2015 By David Haggith

Working in collusion, the Federal Reserve and the United States’ government maintain a US inflation rate that understates what people actually experience. The media glee club faithfully parrots the numbers given to it by the federal government, but no one in the major media questions how those numbers are determined. I’m inclined to say the numbers are […]

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Stock Market Crash 2015: Under the Shadow of Black Swans

Posted October 15, 2015 By David Haggith

Because the stock market hangs tensely in the balance, a single event — called a black swan — could trigger “Stock Market Crash 2015,” and several black swans are flying overhead, looking like they want to land. That does not stop the rosy-eyed optimism of some of the permabulls, who have returned to saying that the worst […]

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Epocalypse: What Trends Shape the World after Global Economic Collapse?

Posted October 11, 2015 By David Haggith

To divine the direction the world will take after global economic collapse, you have to understand the prevailing winds and the underlying tides. Look for the megatrends that are influences against which all other forces have minor affect. In predicting that global economic collapse would happen this fall, I pointed out the headwinds that would continue to grow in […]

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Bank of America Finally Catches on to Global Economic Collapse

Posted October 10, 2015 By David Haggith
Inverted bond yields a sign of things to come from things gone bye?

News that we are sliding into global economic collapse is building every day. It intrigues me that it is now coming from the least-expected sources — from those who were the true believers in the Fed’s recovery and who have profited off the bull market so that they never spoke against the Federal Reserve’s quantitative easing and low-interest-rate policy … […]

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Big names weigh in on big risks of global economic collapse

Posted October 9, 2015 By David Haggith

The chorus of voices now crying out about the high risk of global economic collapse is growing more diverse every day. Today I have Nobel laureates and a disgusting Harvard president who are joining me in my observations of a rapidly increasing likelihood for global economic collapse.   Larry Summers on likelihood of global economic collapse   There […]

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What is Margin Buying in Stocks or a Margin Account?

Posted October 6, 2015 By David Haggith

Margin buying in stocks works like this (a simplified summary): You open a margin account with your broker, which is an account where your broker will extend you some credit for buying stocks. Federal Reserve regulations state that in any stock purchase, half of the purchase must be made with cash while the other half can be with a loan from […]

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Stock Market Crash 2015 – The Scene is Set for Panic

Posted October 6, 2015 By David Haggith
The Epocalypse has arrived

Ironically, the rise in the stock market we have seen in the last few days is likely to cause a much steeper and longer stock market crash in 2015 than the one we just went through. To understand the psychology that is set up to rapidly play out now, think of a horror movie. Think of how the director sets […]

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Economic Collapse — The Train Wreck that is Happening Now!

Posted October 2, 2015 By David Haggith

Even the Tweedledumbs of Wall Street are finally catching on to the fact that global economic collapse is happening all around them. Two weeks ago, they could have stood inside the building shown on the left with their nicely polished, rose-colored glasses and seen only signs of an improving housing market. Now enough shingles are falling on their […]

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