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Old 07-05-2017, 08:45 PM   #1
katsung47
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Default Coming economic crisis

Ron Paul: Not a 'total shock' if stocks plummet 25% and gold soars 50% by October

Stephanie Landsman | @stephlandsman
Sunday, 2 Jul 2017

A painful correction is coming and there's little that can be done to prevent it, according to former Republican congressman and libertarian firebrand Ron Paul

http://www.cnbc.com/2017/07/02/ron-p...nt-by-oct.html
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Old 07-06-2017, 02:50 AM   #2
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Indeed.... The next one that comes WILL BE BIG!!!!!!!! (And they are fixing to try and blame trump on it which is why they wanted him in office...... THEY KNOW HE CANT DO ANYTHING -- He is a Real estate guy!!)
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Old 07-08-2017, 01:17 PM   #3
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We need a new New Deal. A Green New Deal. This country was great between 1940 and 1970 and that was thanks to FDR. Undoing his legislation is the death of us.
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Old 07-08-2017, 02:26 PM   #4
katsung47
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Quote:
Originally Posted by Dude111
Indeed.... The next one that comes WILL BE BIG!!!!!!!! (And they are fixing to try and blame trump on it which is why they wanted him in office...... THEY KNOW HE CANT DO ANYTHING -- He is a Real estate guy!!)

I foresaw this one year ago.

901. Donald Trump is a candidate of the Feds.(1) (4/30/2016)

I say so because in this campaign there is a lot of comedy show done by S.S.G..

Those rallies, either for trump or against him, have the purpose to raise his popularity.

What is S.S.G.?

" The FBI Special Support Group , or SSG (They're nicknamed G's), supposedly does much of the routine work for the Bureau, leaving the FBI agents themselves free to pursue more important matters. ...

They usually work part-time, and earn about $5,000.00 - $10,000.00 per year or more. The FBI doesn't advertise the existence of the SSG, but it's no big secret either. The reality of the Special Support Group is much different than the "released" information. SSG teams regularly harass and even menace people on the FBI's Black List. ...

The FBI calls this harassment "dangling," and they do it on a regular basis to people who frequently have committed no offense other than to have drawn the ire of the Bureau. Many SSG's are of the lowest caliber of human life, especially those chosen for excessive harassment of innocent citizens. Far too often SSG teams consist of bullies, perverts, racists and ex-convicts and other dregs whose sole purpose is to drive people crazy and ruin their lives. If one of their victims snaps and tears one of them up, the bloodied G will press charges, perjure himself if confronted with his FBI affiliation, and the victim is locked up. Mission accomplished. That's one reason why the FBI is not very open about the SSG. This is just one of the many questionable and outright illegal activities that the FBI uses our tax dollars for. The very people sworn to uphold our Civil Rights are perhaps the most flagrant violators. If you attend a protest rally, or otherwise call attention to yourself, don't be surprised if you start seeing the same bizarre group of people showing up everywhere you go, bothering you and behaving like psychotic clowns."

https://web.archive.org/web/20020208...s/page447.html

Of course, Donald Trump himself is a S.S.G. - a high ranking one.

He is chosen because something big will happen. No big group (Democratic Party or Republican Party ) wants to take the responsibility. A clown would easily do that job.
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Old 07-18-2017, 08:54 PM   #5
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The great bull market in its last stages? U.S. car sales fall sharply in June; Silicon Valley begins to crack visibly; October doom? Ron Paul predicts gold up 50% stocks down 25% this October
BY IWB · JULY 4, 2017

http://investmentwatchblog.com/the-g...-this-october/
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Old 07-31-2017, 05:40 PM   #6
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U.S. car sales fall sharply in June

By Mike Colias July 3, 2017 10:58 a.m. ET


Detroit's car companies reported steep sales declines in June, capping a bumpy first half of the year for the U.S. auto industry and setting a bleak tone for the summer selling season.

The reports, released Monday, come as analysts expect overall auto sales to have fallen more than 2% in June compared with the prior year, according to JD Power. The firm said the industry's selling pace hit its lowest point since 2014 over the first six months of 2017, and traffic at dealerships -- measured by retail sales -- fell to a five-year nadir in June.

http://www.marketwatch.com/story/us-...une-2017-07-03
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Old 07-31-2017, 05:58 PM   #7
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https://www.wsj.com/articles/as-wash...ing-1501423201

U.S. Companies Post Profit Growth Not Seen in Six Years
Strong earnings come as tax and infrastructure initiatives that were expected to spur economy have been sidetracked amid Washington infighting

By Theo Francis and Thomas Gryta
Updated July 30, 2017 7:43 p.m. ET

America’s largest companies are on pace to post two consecutive quarters of double-digit profit growth for the first time since 2011, helped by years of cost-cutting, a weaker dollar and stronger consumer spending.

Earnings at S&P 500 companies are expected to rise 11% in the second quarter, according to data from Thomson Reuters, following a 15% increase in the first quarter. Close to 60% of the firms in the index have reported second-quarter results so far.

Corporate America’s strong earnings performance comes as several policy initiatives that were expected to help boost companies’ bottom line—corporate-tax cuts and increased government spending on infrastructure—have been sidetracked amid political infighting in Washington, D.C., which culminated with the recent failure of the health-law bill.

Even as activity inside the Beltway bogged down, the markets have been on an almost nonstop rally since the election. The S&P 500 is up 16% since early November and 10% this year.
__________________
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I just nailed Mrs. Trumbull
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Old 08-12-2017, 08:26 PM   #8
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Quote:
Originally Posted by Babalu
https://www.wsj.com/articles/as-wash...ing-1501423201

U.S. Companies Post Profit Growth Not Seen in Six Years
Strong earnings come as tax and infrastructure initiatives that were expected to spur economy have been sidetracked amid Washington infighting

By Theo Francis and Thomas Gryta
Updated July 30, 2017 7:43 p.m. ET

America’s largest companies are on pace to post two consecutive quarters of double-digit profit growth for the first time since 2011, helped by years of cost-cutting, a weaker dollar and stronger consumer spending.

Earnings at S&P 500 companies are expected to rise 11% in the second quarter, according to data from Thomson Reuters, following a 15% increase in the first quarter. Close to 60% of the firms in the index have reported second-quarter results so far.

Corporate America’s strong earnings performance comes as several policy initiatives that were expected to help boost companies’ bottom line—corporate-tax cuts and increased government spending on infrastructure—have been sidetracked amid political infighting in Washington, D.C., which culminated with the recent failure of the health-law bill.

Even as activity inside the Beltway bogged down, the markets have been on an almost nonstop rally since the election. The S&P 500 is up 16% since early November and 10% this year.

That only benefits 1/% rich people. Don't you know the middle class is shrinking.
Quote:
Dying Middle Class: The Number Of Americans That Can’t Afford Their Own Homes Has More Than Doubled
By Michael Snyder, on July 9th, 2017

Have you lost your spot in the middle class yet? For years I have been documenting all of the numbers that show that the middle class in America has been steadily shrinking, and we just got another one. According to a report that was produced by researchers at Harvard University, the number of Americans that spend more than 30 percent of their incomes on housing has more than doubled. In 2001, nearly 16 million Americans couldn’t afford the homes that they were currently living in, but by 2015 that figure had jumped to 38 million.

http://theeconomiccollapseblog.com/a...e-than-doubled
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Old 08-24-2017, 07:47 PM   #9
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Goldman Sachs Says That There Is A 99 Percent Chance That Stock Prices Will Not Keep Going Up Like This
By Michael Snyder, on July 31st, 2017

– North Korea is threatening to nuke the US
– Donald Trump is firing his entire cabinet
– The Federal Reserve has dropped interest rates to record lows and drowned the world in trillions of dollars of cash
– Debt levels are at record highs
– Entire banking systems, especially in Europe, are in need of massive bailouts
– The US government will run out of money in less than 90-days and hit the debt ceiling once again


http://theeconomiccollapseblog.com/a...g-up-like-this
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Old 09-04-2017, 06:43 PM   #10
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Former Fed Chairman Alan Greenspan Ominously Warns That The Biggest Bond Bubble In History Is About To Burst
By Michael Snyder, on August 4th, 2017

Are we right on the verge of one of the greatest financial collapses in American history? I have been repeatedly warning that our ridiculously over-inflated stock market bubble could burst at any time, but former Federal Reserve Chairman Alan Greenspan believes that the bond bubble actually presents an even greater danger. When you look at the long-term charts, you will see that an epic bond bubble has been growing since the early 1980s, and when it finally collapses the financial carnage is going to be unlike anything we have ever seen before.

“The current level of interest rates is abnormally low and there’s only one direction in which they can go, and when they start they will be rather rapid,” Greenspan said on “Squawk Box.”

http://theeconomiccollapseblog.com/a...about-to-burst
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Old 09-17-2017, 05:36 PM   #11
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De-Dollarization Accelerates: China Readies Yuan-Priced Crude Oil Benchmark Backed By Gold

by Tyler Durden
Sep 3, 2017

The world’s top oil importer, China, is preparing to launch a crude oil futures contract denominated in Chinese yuan and convertible into gold, potentially creating the most important Asian oil benchmark and allowing oil exporters to bypass U.S.-dollar denominated benchmarks by trading in yuan, Nikkei Asian Review


http://www.zerohedge.com/news/2017-0...mark-backed-go
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Old 09-29-2017, 07:55 PM   #12
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Venezuela's Maduro says will shun U.S. dollar in favor of yuan, others

Reuters Reuters•September 7, 2017
By Deisy Buitrago and Corina Pons

CARACAS (Reuters) - Venezuelan President Nicolas Maduro said on Thursday hiscash-strapped country would seek to "free" itself from the U.S. dollar next week, using the weakest of two official foreign exchange regimes and a basket of currencies


https://www.yahoo.com/news/venezuela...035002321.html
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Old 10-13-2017, 05:17 PM   #13
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It's Sears Canada. Who is next?

Quote:
It’s Over for Sears Canada
by Wolf Richter • Oct 10, 2017 •

Liquidation too for Toys “R” Us? The company filed for bankruptcy in the US and Canada to restructure, but it can’t solve what’s killing it.

https://wolfstreet.com/2017/10/10/se...lay-off-12000/
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