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The Stock Markets Of The 10 Largest Global Economies Are All Crashing

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Globe InterconnectednessYou would think that the simultaneous crashing of all of the largest stock markets around the world would be very big news.  But so far the mainstream media in the United States is treating it like it isn’t really a big deal.  Over the last sixty days, we have witnessed the most significant global stock market decline since the fall of 2008, and yet most people still seem to think that this is just a temporary “bump in the road” and that the bull market will soon resume.  Hopefully they are right.  When the Dow Jones Industrial Average plummeted 777 points on September 29th, 2008 everyone freaked out and rightly so.  But a stock market crash doesn’t have to be limited to a single day.  Since the peak of the market earlier this year, the Dow is down almost three times as much as that 777 point crash back in 2008.  Over the last sixty days, we have seen the 8th largest single day stock market crash in U.S. history on a point basis and the 10th largest single day stock market crash in U.S. history on a point basis.  You would think that this would be enough to wake people up, but most Americans still don’t seem very alarmed.  And of course what has happened to U.S. stocks so far is quite mild compared to what has been going on in the rest of the world.

Right now, stock market wealth is being wiped out all over the planet, and none of the largest global economies have been exempt from this.  The following is a summary of what we have seen in recent days…

#1 The United States – The Dow Jones Industrial Average is down more than 2000 points since the peak of the market.  Last month we saw stocks decline by more than 500 points on consecutive trading days for the first time ever, and there has not been this much turmoil in U.S. markets since the fall of 2008.

#2 China – The Shanghai Composite Index has plummeted nearly 40 percent since hitting a peak earlier this year.  The Chinese economy is steadily slowing down, and we just learned that China’s manufacturing index has hit a 78 month low.

#3 Japan – The Nikkei has experienced extremely violent moves recently, and it is now down more than 3000 points from the peak that was hit earlier in 2015.  The Japanese economy and the Japanese financial system are both basket cases at this point, and it isn’t going to take much to push Japan into a full-blown financial collapse.

#4 Germany – Almost one-fourth of the value of German stocks has already been wiped out, and this crash threatens to get much worse.  The Volkswagen emissions scandal is making headlines all over the globe, and don’t forget to watch for massive trouble at Germany’s biggest bank.

#5 The United Kingdom – British stocks are down about 16 percent from the peak of the market, and the UK economy is definitely on shaky ground.

#6 France – French stocks have declined nearly 18 percent, and it has become exceedingly apparent that France is on the exact same path that Greece has already gone down.

#7 Brazil – Brazil is the epicenter of the South American financial crisis of 2015.  Stocks in Brazil have plunged more than 12,000 points since the peak, and the nation has already officially entered a new recession.

#8 Italy – Watch Italy.  Italian stocks are already down 15 percent, and look for the Italian economy to make very big headlines in the months ahead.

#9 India – Stocks in India have now dropped close to 4000 points, and analysts are deeply concerned about this major exporting nation as global trade continues to contract.

#10 Russia – Even though the price of oil has crashed, Russia is actually doing better than almost everyone else on this list.  Russian stocks have fallen by about 10 percent so far, and if the price of oil stays this low the Russian financial system will continue to suffer.

What we are witnessing now is the continuation of a cycle of financial downturns that has happened every seven years.  The following is a summary of how this cycle has played out over the past 50 years

  • It started in 1966 with a 20 percent stock market crash.
  • Seven years later, the market lost another 45 percent (1973-74).
  • Seven years later was the beginning of the “hard recession” (1980).
  • Seven years later was the Black Monday crash of 1987.
  • Seven years later was the bond market crash of 1994.
  • Seven years later was 9/11 and the 2001 tech bubble collapse.
  • Seven years later was the 2008 global financial collapse.
  • 2015: What’s next?

A lot of people were expecting something “big” to happen on September 14th and were disappointed when nothing happened.

But the truth is that it has never been about looking at any one particular day.  Over the past sixty days we have seen absolutely extraordinary things happen all over the planet, and yet some people are not even paying attention because they did not meet their preconceived notions of how events should play out.

And this is just the beginning.  We haven’t even gotten to the great derivatives crisis that is coming yet.  All of these things are going to take time to fully unfold.

A lot of people that write about “economic collapse” talk about it like it will be some type of “event” that will happen on a day or a week and then we will recover.

Well, that is not what it is going to be like.

You need to be ready to endure a very, very long crisis.  The suffering that is coming to this nation is beyond what most of us could even imagine.

Even now we are seeing early signs of it.  For instance, the mayor of Los Angeles says that the growth of homelessness in his city has gotten so bad that it is now “an emergency”

On Tuesday, Los Angeles officials announced the city’s homelessness problem has become an emergency, and proposed allotting $100 million to help shelter the city’s massive and growing indigent population.

LA Mayor Eric Garcetti also issued a directive on Monday evening for the city to free up $13 million to help house the estimated 26,000 people who are living on the city’s streets.

According to the Los Angeles Homeless Services Authority, the number of encampments and people living in vehicles has increased by 85% over the last two years alone.

And in recent years we have seen poverty absolutely explode all over the nation.  The “bread lines” of the Great Depression have been replaced with EBT cards, and there is a possibility that a government shutdown in October could “suspend or delay food stamp payments”

A government shutdown Oct. 1 could immediately suspend or delay food stamp payments to some of the 46 million Americans who receive the food aid.

The Agriculture Department said Tuesday that it will stop providing benefits at the beginning of October if Congress does not pass legislation to keep government agencies open.

“If Congress does not act to avert a lapse in appropriations, then USDA will not have the funding necessary for SNAP benefits in October and will be forced to stop providing benefits within the first several days of October,” said Catherine Cochran, a spokeswoman for USDA. “Once that occurs, families won’t be able to use these benefits at grocery stores to buy the food their families need.”

In the U.S. alone, there are tens of millions of people that could not survive without the help of the federal government, and more people are falling out of the middle class every single day.

Our economy is already falling apart all around us, and now another great financial crisis has begun.

When will the “nothing is happening” crowd finally wake up?

Hopefully it will be before they are sitting out on the street begging for spare change to feed their family.

  • James

    Ohh, globalization has negative effects.
    This is news???!!

    • Jim(another Jim)

      Hey troll, pick a different name to post under, you are giving us real Jims a bad name

      • James

        Honestly, globaization has negative effects.
        How does this garbage sitll get published.
        What should be published is the effect and extent of globaizaiton on stock markets

  • James

    1 The United States – The Dow Jones Industrial Average is down more than 2000 points since the peak of the market. Last month we saw stocks decline by more than 500 points on consecutive trading days for the first time ever, and there has not been this much turmoil in U.S. markets since the fall of 2008

    It stopped crashing.

    • loadnup

      Ah, I really don’t believe “It stopped crashing,” is a forthright statement unless you are a stock broker looking to get more of what is left of the sheep’s money….

      • James

        Ex. It has been flat since it crashed.
        Its lowest pint as 15.9
        it is now at 16.2

  • James

    The Volkswagen emissions scandal is making headlines all over the globe.
    Just like how Enron crashed the NYSE.
    Oh wait, it didn’t. Enron got delisted and the world went on

  • James

    #8 Italy – Watch Italy. Italian stocks are already down 15 percent, and look for the Italian economy to make very big headlines in the months ahead

    Common Knowledge
    Try again

  • James

    It started in 1966 with a 20 percent stock market crash.
    Seven years later, the market lost another 45 percent (1973-74).
    Seven years later was the beginning of the “hard recession” (1980).
    Seven years later was the Black Monday crash of 1987.
    Seven years later was the bond market crash of 1994.
    Seven years later was 9/11 and the 2001 tech bubble collapse.
    Seven years later was the 2008 global financial collapse.
    2015: What’s next?
    You know, the stock market crash that was forgotten about in 1967.
    You know, how the stock market appreciated from 67-73 and the crash was forgoten about?
    You know, yet another crash that takes 3 pages on a history textbook.
    You know, how the only people that were effected was a crazy investment manager who went crazy in Orange County, CA

    You know, how everyone was predicting a .com crash?

    You know, how everyone know that the banks were overextended and Freedie and Fannie were posting losses before?

  • James

    The “bread lines” of the Great Depression have been replaced with EBT cards, and there is a possibility that a government shutdown in October could “suspend or delay food stamp payments”…

    Umm, okay.
    Government agencies are not known for there giant cash balances.

  • kluing

    Really?

  • James

    In the U.S. alone, there are tens of millions of people that could not survive without the help of the federal government, and more people are falling out of the middle class every single day.

    Yes globalization has caused the primary and secondary sectors to fall out.
    Big deal, get your butt off the couch you middle class union bum with a pension bigger than how much money CalPERS disperses, fully paid health insurance, and 50 days of sick leave for putting a button on a phone for one second a day.
    Get your butt off the couch, get a degree in a marketable field like finance, computer science, data analysis, biotechnology and get a white collar job

    • Liberty First

      “Could not survive without the help of the federal government” — I think that you are right on target. And it includes millions, especially those with govt. jobs, govt. contracts, non profits working with govt. grants, student loans, you name it. It is pervasive and like air now – everybody. People earning a million bucks a year from jobs that would not exist without govt. money coming in somewhere. Lavish defense spending.

      We are in deep trouble.

      • James

        True, yet the Federal budget is only 2 trillion.
        I wonder how many contractors, grantees, and employees would be laid off.

        • themacabre

          2 trillion?…more like 3.8 trillion.

      • Gay Veteran

        you mean lavish Pentagon spending

    • Gay Veteran

      yeah, everybody should get a white collar job. MORON

      • James

        Yes, everyone should

        • Gay Veteran

          riiiiiiiiiiight, because there are soooooooooooooooo many white collar jobs out there waiting to be filled

          • James

            Finance, biotech, computer science, GIS.
            Take your pick

          • Gay Veteran

            hey Einstein, how many MILLIONS of unfilled job positions are in Finance, biotech, computer science, GIS, hmmmmmmmmmm?

  • James

    A government shutdown Oct. 1 could immediately suspend or delay food stamp payments to some of the 46 million Americans who receive the food aid.

    Could that not because of the nutters on this site who believe whatever highly edited video that was pieced together, and using film acquired violating privacy laws?

    • JackerRaabit

      I rather doubt this site is that influential… in fact, I’m pretty sure it is not.

      As for the whole editing poopy-poo: you DO know the whole, long, unedited things are available on the web, right? Right?

      How are you going to explain THAT away, then? I mean, I’m sure you will – fanatics are quite predictable.

      • James

        The real uneditied videos show that planned parenthood wants to get reimbursed for the costs of fetal tissue donation such as shipping.
        Yawn

        • James

          In fact without the tissue the progress we have in biotech

  • Alwaystomorrow

    The Economic Collapse Blog Has Issued A RED ALERT For The Last Six Months Of 2015.

    Published 6/25/2015.

    98 days until 12/31/2015.

    Lets do a count down until the end of 2015 and see just what happens.

    ——————————————————————————

    By Michael S, on July 31st, 2015.

    “And I kind of appreciate the countdown. It reminds people of my warning, and perhaps it will give some readers a renewed sense of urgency.

    • James

      Finally, you have started again.
      Thank you

    • loadnup

      As evident by this and a multitude of other articles on the alternative news media, Michael’s RED ALERT is in full swing…. I will add that tomorrow do not be at all surprised when the “Event” happens and it triggers the financial collapse we have been dreading for so long…

      • SunnyFlaSnotress

        I don’t know why Xanax salespeople don’t raid the board.. they could make a fortune here.

        • I prefer Kava Kava tablets over Xanax.

          • SunnyFlaSnotress

            I hear they make an interesting drink from Kava in the South Pacific, and it’s gaining popularity here. Just so you’ve heard it “There are some BIG safety concerns about kava. Many cases of liver damage and even some deaths have been traced to kava use. As a result, kava has been banned from the market in Switzerland, Germany, and Canada, and several other countries are considering similar action.”

  • James

    “great derivative crisis”
    I am sure no one on this site knows what a stock option, commodity future, binary option, or forward contract is

    • loadnup

      don’t bet on that one or you will definitely not collect your dividend…. lol…..

  • James

    Stock markets are down across the world, along with economic activity?
    GASP.
    It is not like it is common knowledge that Portugal, Italy, France, Greece, Spain, Belgium, and the United Kingdom had aging workforce and alot of debt.

    (SARC)

  • K

    Sadly, the time for warning people is just about up. Those with the intelligence, to notice the problems, already have. The rest will not notice anything, before the cities are burning.

    • James

      WHOO HOO.
      I just made a fortune today with the SH ETF because the stock market went down.
      Isn’t shorting stocks fun?

      • Guest

        Good for you. Now stop cluttering this site with your worthless drivel.

        • James

          Why not.
          I have 1st amendment rights

          • Green tip

            Amen keep on pissin um off

          • James

            :)

          • VigilanteCaregiver

            You have the right to free speech from government arrest. Not the right to be heard by the citizens.

          • James

            So, I can talk all I can

          • VigilanteCaregiver

            There’s also no right to being non-offended.

            You can talk, but no one need care.

      • K

        Thank-you, for so quickly, proving my point.

        • James

          I day trade.
          The stock makret dropped 0.3 percent today, but I put a large amount of money in it, therefore making alot of money.
          I do have a long position on the stock market via FUSEX, and many long positions on blue chip stocks, emerging biotech stocks and SaaS stocks, and speculative biotech and acquistion stocks.

          • VigilanteCaregiver

            Get a job.

          • James

            Since when is day trading and living off dividends, coupons, and royalties not a job?

          • VigilanteCaregiver

            It seems awfully shady. Best to let the SEC, IRS, and such deal with that question.

          • James

            Dividends are not shady.
            Stock photography royalties are not shady.
            Bond coupons are not shady.
            Day trading is unethical but not shady.
            I pay taxes on dividends, royalities, stock appreciation, but not bond coupons because they are exempt.
            Thank the lord for municipial bonds

          • Maximus Max

            What are you contributing to the economy?

          • thechaosdjinn

            Don’t worry…he’ll be part of the cabal that gets chopped up and fed to the poor.

          • James

            Taxes.
            I contribute taxes.
            With municipal bonds, I give municipalities and school districts they need for capital projects such as schools, roads, and public sewer systems that you leeches live off of.

          • Maximus Max

            You contribute nothing. You siphon your “earnings” of the backs of working men & women of the middle class. You’re a pariah.

    • RICHARD

      Right on the money K.

      • James

        Interesting.

    • Enrique R. DéZuardí

      “Sadly, the time for warning people is just about up”.

      I’ve been hearing that since 2009

  • watchmanonthetower

    What happened to Janet Yellen at the end of her speech?
    Something weird there…
    ~W

    • James

      I wish Yellen would raise rates.
      I really want more than my 5% yield on my bonds on the Cypress-Fairbanks Independent School District, a district that is in debt to the tune of $15,000 per student even though their per student spending is only $7,000.
      I want higher yields on bonds, more than the 5-6% from Houston area school districts and community college districts

    • aldownunder

      Well she has got the weight of the world on her shoulders

  • James

    For instance, the mayor of Los Angeles says that the growth of homelessness in his city has gotten so bad that it is now“an emergency”…

    Big deal.
    Yawn, no one cares
    Just get a job.
    Street tasks, odd jobs.
    Libraries have free computers, copies of Microsoft Office, and how to get a job books.

    • aldownunder

      mate you are a fairdinkum KNOB

      • James

        Really.
        I can buy and sell books without having a home.
        I can have stock in NRG Electric and Emerson Electrict without having a home.
        I can mow peoples lawns without having an address

      • Liberty First

        Al, from a bizarre twist of fate my wife and I have a chance to move Down Under if we choose it (we decided not to move to NZ last year). Would not be easy. How are things down there – it looks to me like Australia might to better than other countries if the crap hits the fan. Adelaide would be the location, by the way, if we make the move.

        • aldownunder

          Mate all is not as good down here either, everybody buries their head in the sand and pretends all is well. Pollies have no balls to make the hard decisions and we hitched our wagon onto the Chinese economy so when they sneeze we catch a cold (starting to get the sniffles pretty bad now) our national debt isn’t too bad compared to some but our household debt is out of control along with the housing market.
          I myself have been investigating SE Asia as an alternative, Malaysia or the Philippines
          Cheers

        • Prepper1

          Australia is mainly a commodity nation they are being hurt badly by the markets ! They are worse off then we are

    • Liberty First

      Moron.

      • James

        How am I a moron.
        My first job was mowing lawns, and I did not need an adress.
        Heck I ran it out of a public storage and a librar

        • algol2000

          You are a realist, not a moron. and I like your “can do” spirit.

  • James

    I wish Yellen would raise rates.
    I really want more than my 5% yield on my bonds on the Cypress-Fairbanks Independent School District, a district that is in debt to the tune of $15,000 per student even though their per student spending is only $7,000.
    I want higher yields on bonds, more than the 5-6% from Houston area school districts and community college districts

    • MIchael in Chicago

      I wonder how many countries have interest rates at 5% or higher. It seems to be a race to negative for everyone. Anyway. I would love to have a savings account just earning at least 4% but I do not think that will happen anytime soon. Not in America anyway. I think the only reason the Fed would raise rates is a sharp decline in the dollar or the DOW.

      • James

        Not many
        I would love to be earning 10% on municipal bonds, but no matter what the fed does I am still earning 5-6% on Houston area school and community college districts

        • Ricardo

          you sound like a broken record.

          • Jim(another Jim)

            Ricardo, he sounds like something a lot worse than that

    • themacabre

      A 5% rate would increase debt servicing to almost a trillion dollars a year, wouldn’t it?

  • max gon

    Here we go again with the fearmongering that the world is about to explode.

    • James

      I love it.
      It gives a complete data set on stocks that are down for no reason.
      I have been getting rich off this site and donated it all to Planned Parenthood, World Wildlife Fund, Sierra Club, and NextGen Climate

      • Catman

        In that case you’ve flushed your money down the crapper.

        • James

          No, due to his the sky is falling nonsense I made 6% in a couple of days in August 25 to September 16 buy buying a dow index funds

        • James

          As for donating money, I got a nice tax deduction.

      • VigilanteCaregiver

        Leftist troll. Not surprised.

  • Jazz

    Dow will be up triple digits tomorrow!!! Yellen says she will raise rates by year end so we are back to a bull market!!!

    • James

      WHO HOO.

      Hopefully Yellen will raise rates so I can get higher than abysmal 5-6% return on my Cypress-Fairbanks Independent School District and Houston Community College bonds

    • Catman

      The Fed has been saying the same thing since March. No rate hike likely.

      • Jazz

        Well the S&P held support at 1900-1920 today and is ready to roar back to 2,100. The dow ready for 20,000. Buckle up! We are ready for a sling shot back to the top. US markets are in great shape!!!

        • Catman

          Looks like you’ve overdosed on hopium. There will be some up days, to be sure, but they will be overshadowed by the declines. Since May 19 we’ve been in a downward trajectory, and as Michael so ably points out, this is happening globally.

          • Jazz

            It is just a correction like 2011. I see a strong comeback in the 4th quarter of 2015. The markets have found their support level and just need some good news before they shoot back up. All the bad news is already caked into the current market so it won’t take much to get us back to 2100 on S&P and 18,000 on Dow. Glass is more than half full!

    • Joseph J.

      Downturn? Bah! Eat, drink and make merry, just like the band on the titanic as it was sinking into the depths!

      • Jazz

        Hahaha. Only difference is the US ship is the strongest ship in the ocean. The other boats may sink and more people will buy US dollars, US bonds, and US stocks. Why do you think our markets have held up while the rest of the markets have sunk. We are the safe haven!!!

        • paulreveredeux

          go away troll

    • J.C

      Yes, thanks to this see-saw effect people are always optimistic. A sudden little negative sentiment will send people scurrying for covers and a quick positive one will draw them out of the shell. Gotta love us the human-beings…lets see how it goes!

    • paulreveredeux

      BS

  • MIchael in Chicago

    #11. Saudi Arabia. Down about 20% from peak. The list is probably never ending, much like global debt.

    • James

      I now know what to short.
      Thank you.
      PS Saudi Arabia is not the 11th largest economy
      That is Canada

      • MIchael in Chicago

        I never said it was the 11th largest economy.

  • MIchael in Chicago

    How about an article about which countries are doing well or thriving in this down turn? Which ones have trade surpluses, and are able to balance a budget? Which countries have actual low or no unemployment? What types of political and financial systems are actually working?

    • James

      Countries with deficits and debt is not that bad. Sometimes economic growth is restricted due to lax government spending especially in areas where it pays for itself like science, and health research.
      No countries are doing well. The perils of globalization.

    • Catman

      It would be a very short article.

  • Bubba Johnson

    If the USDA cannot fill the EBT cards, lets hope they still have enough for those no money down housing loans they still provide.

    • James

      You realize that the FHA pays for itself right?
      Bank no money down loans are paid for with private dollars.
      The US government got a giant return on investment for freedie and fannie

  • Jazz

    US continues to thrive. The economy is strong and our markets should hit Dow 20k by year end and 31k by end of 2017.

    • john mac

      WOW jazz either someone is paying you up to say these drivels or you don’t know the first thing about economy

      • Jazz

        You must not know market history. Go to stock charts dot com and look at 2011 & then 2015 you will see VERY similar patterns. Here is a spoiler alert: 4th quarter 2011 was a fast rising comeback for the bulls. Wash, rinse, repeat!

        • Chimp

          Good luck Jazz. Keep being the optimist while the big boys sell and convince you optimists to keep your money in the markets. Somebody has to buy the sell orders. Tag you’re it!!! 2008 propaganda=now. Wash rinse repeat of 2008. How did you do in 2008?

    • ΔИθᴎЎϻɸᵿƧ

      Just because numbers are high in the stock market doesn’t mean the economy is doing well. You must be a gov’t paid troll. STFU

      • Jazz

        No 2015 = 2011. We are in a V shaped recovery! Study history and you find clues on what kind of market we are in. This is definitely not a 2008 type market. Technology, health care, consumer discretionary, and staples are still doing quite well. This market will not roll over. It’s called a correction people.

    • paulreveredeux

      What kind of drugs are you on?

  • Nick Tubber

    Here we go again. Everything’s crashing. Nothing’s crashing. It’s just in a correction territory. Please no hype.

  • Jim(another Jim)

    Wow Michael what have you done? It must have really pissed someone off because every troll in existence is on your butt today

    • SunnyFlaSnotress

      Pointing out rational realities doesn’t make one a troll. Michael was WRONG about the Greek Deal.. WRONG about summer race riots.. and very shortly he will be WRONG about a September crash. He’s clinging onto points desperately in hopes that a disproportionate apples to orange comparison will make him look Not wrong.. ain’t gonna happen.

      • ter ber

        Jigs up. I can’t believe your demon is allowing you to work for his master for free. Even the small country of Israel pays college students students to work as propaganda freelancers. God only knows how big the US office is. Wrong about the Greek deal? The majority of their people now are reduced to bartering. The US banking system is one percentage point from a negative rate. Meaning we will be paying the bank to store our money. If hyper-inflation doesn’t hit first. That sandbox you have your head in sunny must be very large. Because there must be a lot people bending over with you in that box.

        • SunnyFlaSnotress

          Yes, WRONG.. Michael insisted there wouldn’t be a deal and there is.
          I didn’t say the US economy is great, I said that Michael’s predictions s..
          seem to never come true in his stated timeframes and in the way he presents it.

          • ter ber

            A bandaid is not a deal. Just like printing TONS of Monopoly money in America does not make America solvent and hide the fact that we are 18 TRILLION dollars in debt and everything is hunky-dory. It’s all an illusion sunny, and you do not like TRUTH spoken to cut through the lies that deceive. What’s up with that?

          • thechaosdjinn

            Don’t feed the troll- he’s a vampire who lives in Florida. What would be more ironically moronic than being a vampire in the sunshine state?

          • SunnyFlaSnotress

            Snotress is the feminine form.

          • thechaosdjinn

            Ok….then “SHE’S” ironically moronic for being a vampire living in the sunshine state.
            Sad how an affront to political correctness was the only perception you had in that response.

          • SunnyFlaSnotress

            The pickings are easy here at nite and my wings don’t get frostbite. 😉

          • thechaosdjinn

            I like you- you have such a good sense of humor for a troll. Thanks for making this fun.

          • SunnyFlaSnotress

            :)

          • thechaosdjinn

            = )

          • VigilanteCaregiver

            Until some guy shouts “MGTOW” at you…

          • Richard O. Mann

            Wish I had teeth like that. Right now, wish I had teeth. HA!!

          • SunnyFlaSnotress

            Well when you get some, here’s some veneers! ebay dotcom/itm/FX-Fangs-2-0-Veneers-by-Dental-Distortions-/121600393434 :)

          • SunnyFlaSnotress

            A Deal is a Deal.. vs No Deal like Mike stated.. and it’s been a while which makes it even more valid. I’m not saying it will last forever, but it Does Exist.

          • Steve Lukas

            Your time of spouting falsehoods and deception is a out up….enternity is too long for you to comprehend outside of the Lord’s presence.

        • englishvinal

          Israel pays students….. ??? With US tax dollars?…..
          A pox on them.

    • Karen McKim-Altman

      Some people don’t like Truth.

    • Steve Lukas

      The trolls are eternaly lost and only have a short time to spreax their delusional falsehoods.

  • mike day

    As soon as the Fed raise rates the system falls like the house of cards that it is , bullmarket more like full of bullish!! To me

    • Prepper1

      Yep it will fold , emerging markets will be cause of it do to the interest rate raise ! They won’t be able to pay loans back . Currency market will go nuts

    • K2

      Thats why they might not raise rates.

  • VigilanteCaregiver

    I saw every video. What you claim is untrue.

    • James

      Really?
      So how come extremely republican state legislatures such as Idaho have canceled investigations into Planned Parenthood for the lack of reason?

      • VigilanteCaregiver

        They did it for PR reasons – majority of these politically charged cases are dropped due to worshiping before the alter of minority opinions. Utah is investigating.

      • VigilanteCaregiver

        Correction: Utah HAS cut all funding for planned parenthood! HA-HA! Passed two days ago! My money and representatives no longer supporting genocide!!

        • James

          Private money has never paid for abortion.
          I hope Utah mas the funds for SNAP, TANF, Education, Infastructure and Medicaid for the upcoming boom of babies that are going to be born to to lack of access to birth control

        • No… REAL Correction: your tax dollars never supported genocide. Actually, abortion was never supported by tax dollars either, come to think of it. So, two separate things your tax dollars never supported are genocide and abortion.

          Regardless, Planned Parenthood didn’t even go thirty seconds without funding… the judge laughed that governor’s de-funding attempts right out of court.

          • VigilanteCaregiver

            My tax dollars went to Planned Parenthood via Medicaid. Have the documentation. What am I to believe – you or my own eyes?

            And we have the 9th and 10th Amendments that the Judiciary has no respect for. This judge needs impeachment.

          • No one’s saying that everyone’s tax dollars didn’t go to Planned Parenthood and a thousand other organizations. What we’re trying to get through your thick skull is that no tax dollars FROM ANYONE go toward abortions. Taxes go to PP to fund STD testing and ABSTINENCE EDUCATION. How on EARTH you can be against those two things baffles any intelligent mind. Abortions are NOT in ANY way, shape, or form paid for by taxes. I wish we had a page of boxes to check on our tax forms every year to allow and disallow where we want out taxes to go, but we don’t (and I will repeat for your thick skull PP gets NO $ for abortion).

            Personally, many people don’t like their taxes going for wars abroad; I don’t like MY taxes going for V!4gra — after all, if God had a plan, and that plan specifically includes someone’s inability to {…….}, then who are WE to interfere with what God wanted? My neighbors both walk or ride bikes EVERYWHERE, they don’t own cars but they still have to pay for freeway taxes and for road improvements, how is THAT fair to them? YOU don’t like abortions, and YOU aren’t paying for them via taxes. All the rest of us are paying for things we don’t use or want, and yet YOU don’t have to pay for the thing YOU don’t like or use. It’s YOU who’s making out like a bandit.

          • VigilanteCaregiver

            Here’s what interesting: your views are featured on the web in multiple places by many different screen names. Seems like this is a cut-and-paste answer. Probably a professional.

            Planned Parenthood, by your admission, shouldn’t get tax dollars anyway. By their own admission, the baby body parts should be capable of supporting their operations and actions without tax dollars. I looked at their middle man operators like StemExpress and others: the prices are incredible for just “research tissue”. And since over 70 million of my countrymen died for your cause, then Planned Parenthood is swimming in wealth.

            And the majority of your arguments are moot as they deal dissociated hypothetical scenarios. And your reasoning’s are so logically fallacious I don’t even need to respond to it. I don’t like abortions – you obviously like the deaths of millions more than the Nazi’s could even muster. My tax dollars shouldn’t go to a non-governmental agency that specializes in genocide for profit because you have some strange problem with people living. And you need to be brought up on collaboration charges as an accessory to genocide.

          • My views are “featured on the web” because they are popular opinions. Yours aren’t so popular to be in multiple places across the web? You have outdated views that are dying out daily.

            PP gets tax dollars to pay for ABSTINENCE EDUCATION. Tax $ go to diagnosing and healing venereal diseases. No tax $ go toward abortion, nor do the fees collected for fetal tissue bring a profit; they do not pay for anything but reimbursement for work done. Again, we all must pay for things that other people use: child-free people pay for schools (with good reason), vehicle-free people pay for road taxes/improvement, we all pay for police wages out of our taxes, yet many, many people have never utilized the police department. Take it up with the government and see if the liberals don’t follow you, so they can stop paying taxes for war and military.

            You keep responding like a hysterical little harpie as though I enjoy the deaths (not murder, not genocide) of blastocysts and embryos. I do not. However I also do not give them any undue idolatry as you do. Many more fertilized eggs do not even attach to the uterine wall than the amount of abortions that occur. There are fertilized eggs floundering frozen in IVF storage freezers who will never be born either. You’re chasing something that the Bible viewed more as I do than how you do. If someone “caused the pregnancy to end” in Biblical times, the offender would give a few coins to the woman’s husband and all was forgiven. God did not consider it a living, breathing entity until the breath of air entered the newborn’s nostrils for goodness sake.

            And again — God killed/murdered/aborted so many infinitely more unborn humans than Planned Parenthood has. When God has a problem with abortion, maybe normal citizens will have a problem with it too.

      • You may have heard that the Governor of Utah had cut funding to Planned Parenthood… but did you also hear that the courts put an injunction against the Governor’s unlawful action, like within 24 hours of the original de-funding?

        Yippee on that court smacking down the Governor’s attempt to harm poor folk.

        • James

          That is great.
          Utah has saved itself from a budget crisis before all the new children cause strain on schools, medicaid, and infastructur

          • Agreed. I just didn’t want the readers of this page to be left with VigilanteCaregiver’s falsehood that Utah had succeeded in doing the wrong thing.

          • James

            Thank you

    • Then you’ve only seen the heavily-edited videos. The original, unedited videos show quite the opposite story being pushed about body parts being illegally harvested/sold for profit.

      • VigilanteCaregiver

        They are not “heavily edited”. The owners released the full videos – I saw those. Everything about Planned Parenthood brokering the sales of baby body parts is legitimate and criminal.

        You leftists and your lies.

        • I’m not a leftist (my screen name everywhere is “Beleaguered Conservative“). And the videos hinting at body parts being harvested and sold for profit were ENTIRELY edited to not show the reality of the situation. Forget that the people who taped (and heavily edited) the encounter did so by using fraudulent credentials, but they also just wanted to make a buck or get their names known.

          PP is not doing anything criminal; the law supports tissue being supplied for medical research and probably has supported it for longer than I’ve been alive. Too many states… well, so far EVERY STATE that has investigated PP has failed in their attempts to show that PP did anything illegal or unlawful.

          I do not like “leftists” either, but I hate liars, and you are willfully lying about Planned Parenthood.

          • VigilanteCaregiver

            You are a leftist. Just because you tout a screen name doesn’t prove anything. By your own works I know exactly what you are.

            This is criminal: it’s mass murder. Human pregnancy only results in human births. Since those pregnancies were terminated artificially; the action killed the child. That’s murder.

            I cannot accept your heavily fallacious excuses as any sort of evidence or argument. Only the emotional ravings of desperate collaborator.

          • Keep spouting a completely false definition or murder; this is why the anti-choice people are dwindling and the pro-choice are flourishing.

          • VigilanteCaregiver

            “State responds to Planned Parenthood claims, By Daphne Chen ,
            Deseret News, Published: Saturday, Oct. 10 2015 9:59 a.m. MDT

            SALT LAKE CITY — State attorneys have challenged the Planned Parenthood Association of Utah’s claims that its constitutional rights were violated, arguing in a response filed Friday that the state has
            “unbridled discretion” to pull its contracts with the reproductive
            health organization.

            The memorandum from the Utah Attorney General’s Office clarified the state’s stance and raised the question of whether the issue is a contract
            dispute or a constitutional debate.

            “Utah relied on explicit contract rights to terminate the four contracts in
            dispute,” the document argues, pointing to provisions in the contracts
            that allow the state to terminate the contract with 30 days notice.

            Representatives from the Planned Parenthood Association of Utah could not be reached for comment Friday.

            The association sued Herbert and Joseph Miner, executive director of the
            state health department, on Sept. 28 after Herbert issued a directive to
            state agencies to stop passing federal funds to Planned Parenthood last
            month.

            The Utah Department of Health was set to terminate or allow four contracts worth about $273,000 to expire when Planned Parenthood sued.

            The funds were slated for two sex education programs, an STD tracking program and an STD testing program.

            In the memorandum, the Utah Attorney General’s Office argued U.S. District Judge Clark Waddoups committed “legal errors” in siding with the reproductive health organization in an emergency hearing Sept. 29. At that hearing, Waddoups ordered the state to temporarily resume funding Planned Parenthood pending future hearings.

            Similar lawsuits are also working their way through the courts in Louisiana, Alabama and Arkansas, where Planned Parenthood affiliates are fighting directives in those states that sought to cut off state Medicaid reimbursements.

            Planned Parenthood Association of Utah attorney Peggy Tomsic has argued that Herbert’s order violates the organization’s free speech, freedom of association and equal protection rights by discriminating against the organization for being an abortion provider.

            In the memorandum filed Friday, attorneys for Herbert and Miner argued
            that the state has the power to terminate agreements with a government
            contractor at-will, much in the same way the government can fire an
            employee.

            The attorneys, trying to clarify the governor’s motivations, said it was not his opposition to abortion but his belief that the national Planned
            Parenthood organization may have violated federal law by profiting from
            fetal tissue that motivated his decision.

            “Whatever might be said about the act of selling fetal tissue for money, that act… is not constitutionally protected,” the document reads.

            In its lawsuit, Planned Parenthood noted that it does not participate in
            any program that provides fetal tissue for scientific research.”

            Planned Parenthood and your lot got caught in the worst activities anyone can commit. I don’t care for the opinions of the GOP. Your side committed atrocities and must be held accountable. Deal with it.

          • lol, “my side” committed infinitely fewer atrocities than the Biblical God did, even if we’re only talking about killing whole, living babies. And Planned Parenthood is doing far more good than many other corporations today. It’s YOU who keeps focusing on the perfectly legal delivery of tissue and trying to call it “selling body parts”.

  • VigilanteCaregiver

    The Pharmaceutical Manufacturing Encyclopedia refutes your claims. Plus all of those diseases you mentioned were marked for trials in that embryonic stem cell fiasco – all resulted in cancers and other traumas. No cures.

    Real scientists created adult stem cell treatments using the patients cells only – no murdered babies. Many successful treatments.

    • James

      Really?
      Nevertheless, fetal tissue is much more verstaile than adult stem cells meaning that it can be turned into more things such as kidneys, lungs, livers, hearts, etc/

      • VigilanteCaregiver

        Fetal tissue is coded for that particular person. Embyonic Stem Cell Transfers (today’s day equivalent of cannibalism) cannot function for another person – even with a nuclear transfer. Theories and wishful thinking do not good medicine make.

  • Cyber Revengeance

    In news : the downturn is just for few days

  • onlooker1

    This stuff is the biggest load of crap I have ever read.

    • John Noyb

      Then don’t waste your reading it for pete’s sake!

    • thechaosdjinn

      Go to the MSM…they like to blow sunshine and rainbows up your a$$ which is what you seem to need.

  • Prepper1

    That sir is a crock of BS there . They didn’t use fetuses to find cure for polio vaccine

    • James

      They used fetal tissue to isolate the polio vaccine

  • Sam

    Is it just me, or is there an inordinate amount of “James’ ” hanging around here ? Hope that doesn’t mean there is a shortage of them elsewhere…. 😉

    • Jazz

      Will the real slim jamesy please stand up

  • ΔИθᴎЎϻɸᵿƧ

    The next crash is gonna make 2008 look like a kid’s pizza party

    • Jazz

      Yes all those highly profitable US companies will lose all those profits and cash on their strong balance sheets overnight. Europe & Japan may have some troubles ahead but the US and China are just fine!

  • John Noyb

    Michael – this article should really bring the mockers and scoffers out of the woodwork. But when you think about it – the dollar has to go as well as the rest of the world’s markets in order for a one world currency to come into play. But of course that’s never gonna happen right – because thats all conspiricy stuff anyway.

  • Illegal

    An indication of how interconnected the global economies are is the recent inaction by the FED. Part of their logic not to raise rates is the possible effect on EM countries. The increased rate would increase the strong USD effect already being felt in these countries.

    Global debt has exploded over the past 7 years. This debt includes household, business and government debt. With a economic slow down it becomes more difficult to repay this debt.

  • Jazz

    Explain this: the S&P keeps bouncing at 1900 to 1920 NO MATTER how bad the news is. This means the market has bottomed in the US. The rest of the world may be in trouble but the US is just fine.

    • rentslave

      If the EBT shuts down,you’re going to see Fergusons and Baltimore from coast to coast:When Sandy occurred,the power companies restored Newark and Camden first.

      • Jazz

        There won’t be a gov shutdown and if there is one it will be brief and uneventful.

  • jobey Jones of joppa alabama

    Oil screwed the economy, It’s crippled the whole process.

    • thechaosdjinn

      Without oil, the dollar would have never been the reserve currency in the world. Now that dollar hegemony is being challenged from Russia and China, we are headed for war.

  • henrytan73

    When the whole world is not doing well, how can U.S be better? I will stop buying Iphone now.

    • J.C

      haha, check out the long queue of Australians wanting to buy iPhone, glad to see those people ain’t depressed!

    • Jazz

      The US economy is more than 2/3rds based on consumer consumption. Despite other countries being so commodity dependent, the US is consumer dependent which will insulate us a great deal from the global problems. With strong employment and an accommodative fed we will see good results over the next few years. Remember we are the safe haven of the world and why foreign investors continue buying our currency, bonds, and stocks. I don’t see that changing anytime soon.

      • Gay Veteran

        “The US economy is more than 2/3rds based on consumer consumption….”

        hey Einstein, real median income is DOWN for most people

      • henrytan73

        God judge Israel just by changing the direction of wind. The direction of the wind can change anytime for U.S and it is changing now.

  • Horiboyable .

    I think we can all agree that there is little good economic news at ALL. The things that I am watching is the chatter over the internet with increased frequency about the stability of Deutsche Bank Group. Also the correlation between the share sell off and the increased activity in the bond market. Seven year T were interesting, this would indicate a flight to qualitysafety and with so many players could burst the bond bubble. Big money is on the move which explains the volatility. I think things are going to get very interesting here on in.

    • Jazz

      Nah. The worst is behind us. We had a healthy market correction and now we are onto higher highs. US economy is still strong. GDP and consumer sentiment numbers will be strong today and we should see a 300-400 point gain on the Dow forcing short sellers to start covering. Dow 20k her we come!

      • Horiboyable .

        I love the smell of sarcasm first thing in the morning

  • danbax

    hey all! we’ve got a movie coming out about 2008.
    look up
    the big short
    movie trailer

  • Jazz

    Dow looks to be up 300 points today. The worst is behind us. Europe rebounding too. Looks like Aug 24 was our lows for the year. Back to the top! Dow 20k by year end.

    • jox

      Buy shares!

      • Jazz

        I like to buy on down days (buy on dips). Today is a big up day so I will have to wait to see what next week brings.

        • jox

          You are going to be rich! Nope, the troll job is not well paid.

          • Jazz

            I’m a troll because I’m right? Lol. Instead of disputing my assumptions you resort to name calling. Who’s the troll now?

          • jox

            I’ve read the comments you make, number and content. I see your role in this blog. My only doubt is what is your motivation. It has to be money.

          • Jazz

            Why does there have to a motivation? There are 3 sides to every story – yours, mine, & the truth. My belief is the world is messed up but it’s not the end of the world as we know it (just yet). I’m open to the possibility things could fall apart at any time but I don’t see enough evidence that the US is in bad shape.

            I agree there is a massive debt bubble but we are all in it together. The debt crisis will unravel slowly but the US will survive for at least a few more years because we are the safe haven of the world. Our economy is in much better shape than the rest of the world.

            The markets could go a little lower but I doubt we will see another 2008 or worse. I see 2015 be VERY similar to 2011 where we have a healthy correction then back to business as usual with a year end rally. I see Dow 30k to 35k over the next couple of years as foreign dollars continue to flood into the US.

            A greater downfall may come in a few years but the economic realities of an imminent collapse for the US aren’t supported by concrete data. GDP is healthy, jobs are being created, people are still buying stuff. I see our consumer based economy being in relatively good shape.

            Could one black swan event change things in a heart beat? Yes it could but until that starts to unfold why run for the hills? Everyone should be prepared and have a back up plan no matter what the economic conditions are but I wouldn’t bet the farm on a collapse happening tomorrow. Ask Harold Camping how that worked out. If it makes me a troll for having this opinion. So be it. I know I can make money in good and bad times because I’m prepared for either outcome!

          • Alwaystomorrow

            I disagree with the DOW at 30K, but agree with everything else.

            It is nice to know there are a few others out there that think like I do.

            Keep posting.

  • paulreveredeux

    Who I paying jazz to spew this insanity?

    • Jazz

      Jazz ain’t for sale :p

  • stingray

    will fed rate raise end panic??

    • Jazz

      Fed is ready to raise rates by end of the year. Rising rates are good for the stock market and show a healthy economy.

  • jox

    EBT card payments won’t be stopped. That would trigger a revolt. It’s easier to print more money. I think there won’t be a rate raise, but a QE4.

    By the way, Spain stock market is 21% down from peak, wich was in April.

  • thechaosdjinn

    I follow this blog because, as an educated consumer, I use reason to both deduct and infer truth from a very complex reality; one based on identifying known facts as we agree they exist as well as validating stochastic phenomena that, in their totality, make up our reality.
    With that being said, Michael’s prognostications are coming from a vantage point that is both linear and cyclical, hard facts and stochastic phenomena converging and diverging intuitively producing a more-holistic viewpoint of our social, economic and political reality. Those three words represent reality in a much more qualitative fashion; qualia derived from processes in constant state of flux.
    The flux this blog reflects has identified a trajectory for our social, economic and political structure that is bleak. Not because the author wants it painted that way, but because what tied our previous reality together is unraveling at the seams.
    Our economy has been floated on margin debt issued by the Fed in order to contain the core instability of the ‘real’ economy. It is that real economy, the one you and I as consumers face daily, rife with inflation, layoffs, and a host of other symptoms that exist because the core tenets of capitalism have started to dissolve. What is left of the different sectors that comprise our overall economy are but a shadow of their former selves. Farming has been consolidated, manufacturing has been gutted and shipped off-shore, service has been downsized to essential personnel only and education has been shaken to its core.
    I say this from the vantage point of someone that has worked in higher education for 20 years and who sees first hand the changes that have occurred in this sector. Higher education is usually counter-cyclical to the economy…enrollments decline when jobs are plenty, and enrollments increase when jobs are declining. Since 2008, all components of higher education, save the Ivy League schools, are being impacted negatively in enrollment trends; this is occurring counter-intuitively to the reduction in workforce we have seen. College educated still have the advantage of having less unemployment than non-degree holding citizens (2.8% overall), but the decline in new students shows that not even a move forward with education is a valuable proposition for many because the jobs are diminishing EVEN for educated sectors of the economy.
    So what does this say about the overall health of our system? It means that we are at a precipice in history wherein our technology, population growth, mismatch of willing-to-capable workforce, and core debt increase and consumption decline juxtaposed against required inflation for profit margin have all created the perfect storm to collapse a very complex system.
    So, for those who are berating the author of this blog for fear-mongering, please, read what I just wrote above and try, with your scope of understanding of this complex system, to ascertain where this is all headed.
    If the author of this blog were to write sunshine and rainbows about job creation, fiscal responsibility of all members of society supporting their citizenry, and healthy sectors throughout all facets of what keeps this machine running, then I would be berating him for his delusions of grandeur about the system in which we live.
    Conversely, and more accurately, realistically, this author is bridging phenomena with his articles across complex divides attempting to define our collective reality. In so doing, he is coming closer to a meta-understanding than those who merely countdown his prognostications as if they were a horoscope. This author is using sound logic and time-worn inference to gauge our trajectory. Unfortunately for millions of us, the sound predictions he is making are something to be scared of. It is not good. If you can prove otherwise, please do so.
    There is a tried and true saying in my field of psychotherapy:
    “You can ignore reality, but you can’t ignore the consequences of ignoring reality.”

    • SunnyFlaSnotress

      In your next life you are bound to be a fruitfly.. I just did your kamic reading.

      • thechaosdjinn

        Karma has an ‘r’ in it…and so does troll which you are.

        • SunnyFlaSnotress

          Fortunately, that’s a short incarnation.

          • thechaosdjinn

            You need to stop hitting the bong so early in the morning. It’s really messing with your grasp on reality.

          • SunnyFlaSnotress

            Don’t have a bong, man.

          • thechaosdjinn

            Djinn is the feminine form…
            just kidding….wanted to mess with your axis of political correctness.
            = )

          • Alwaystomorrow

            I would like to take this opportunity to reccomend Pulse Glass. Best in the business. :-)
            Just kidding? :-)

          • SunnyFlaSnotress

            lol.. I’m still waiting for my 1st E-Cig from China.. I’ll wait on the bong here ;), but thank you. :)

          • Alwaystomorrow

            Well in that case I would like to reccomend Kangertech T3S. Good quality available on line or at your local vape shop. Fill it with infusion e liquid, flavor, blue rasberry slush, on line only.

            It makes my wife smile all day long, and it smells good. :-)

          • SunnyFlaSnotress

            Here’s the one I bought
            ebay dotcom/itm/381362158411?_trksid=p2057872.m2749.l2649&ssPageName=STRK%3AMEBIDX%3AIT
            and wow.. check out these juice prices! bought 5 ones to try..
            fasttech dotcom/search?10mg%2010ml

          • ter ber

            For the life of me I cannot figure out why you and sonny both have demons on your avatars.

          • thechaosdjinn

            A djinn, in ancient Middle Eastern lore, was an anthropomorphized force people attributed to the unknown. For example, when microscopic organisms broke down feces, it was attributed to a djinn. In these pre-enlightenment societies, it was like a placeholder for the specific reason yet to be determined by human faculties- known only by its effect on the world and not the actual scientific explanation. Over time, the concept of djinn was expanded to other arenas and complex systems not fully understood- weather, earthquakes, human personality, etc, The chaosdjinn is just that- one who transcends and perceives that which we experience as chaos from the macro to the micro levels of our existence.

          • ter ber

            Demons. Period. Islamic demons at that.

          • thechaosdjinn

            Wow…not very open-minded, are we?

          • thechaosdjinn

            One person perceives demons; another person perceives angels. Sorry your view of the enlightenment process in human history has produced the fear of the former in you.

          • ter ber

            Not at all. In fact I am coming up on my two year anniversary of having my Lord and Savior Jesus Christ removing one from me. And by the way all that enlightenment bull crap is another lie from satan. He is such a clever demon. Man will believe anything in His Sin and rebellion of Pride. Repent. John 3:16-21.

          • thechaosdjinn

            Please don’t make this about belief, faith or the transcendent nature of either.
            The reason you are typing on a computer in the year 2015 is because human reason allowed our species to develop the cognitive abilities to do so after millennia of exponential development.
            Here…let me help reconcile your conflict- what if evolution was a process started by the unseen force of God eons ago in order to produce a species that is self-aware? A species whose consciousness would not have evolved without being part of a physical evolutionary process that many of faith erroneously determine to be contrarian to the concept of faith?
            Welcome to the human race; my bones are similar to my chimpanzee cousin, but my soul is not of this universe. It is eternal, ephemeral, just like its source.

            All holy books were written by our fellow humans; fallible at the least, corrupt at the worst. The Universe was created by a power more eternal than our mortal minds can grasp. I will have faith in the latter.

            That is not rebellion, that is transcendence.

          • jakartaman

            Again, very well said.
            Humanity has not put its big toe over the threshold of Knowledge.

          • ter ber

            Oh brother. You are going to buy in to satan’s latest lie of the singularity and immortality through Transhumanism. It’s the old lie from the garden of Eden, “you shall be as gods.” Well, I warned you. Bon voyage.

          • thechaosdjinn

            I am a servant to peace; I use reason to interpret the world…that was a God-given faculty in order to make the world a better place. What authority has fed YOUR ego to think that you are judge, jury and executioner to a fellow human being?
            Seems like someone other than me has developed the very ‘God complex’ and they are projecting it onto others in a dance of self-delusion.

          • alan

            Bogeymen are important in society. When people don’t follow logic then they usually will get in line when faced with bogeymen.

          • David Eley

            “The Universe was created by a power more eternal than our mortal minds can grasp.”

            That is about the only thing that you have said that is worth commenting
            on. The “power more eternal” is Jehovah God, the creator of this
            universe and you. You did not come from a monkey. You insult the
            monkeys when you say that. The difference between you and the monkey is that you have a soul that will live on in eternity in one of two
            places. Heaven or hell. Jehovah God has a son named Jesus Christ who
            made himself of no reputation, and took upon him the form of a servant, and was made in the likeness of men. Jesus was God manifested in the flesh. And Jesus paid a debt that you owe but cannot pay. Sadly, because you reject God’s free gift of eternal life through faith in the person of Jesus and his work – that is his sacrificial suffering on the cross of Calvary, you will spend eternity in hell. Repent or perish.

          • thechaosdjinn

            I believe in the morality from which you preach, but not that it controls me like it does you. Rather that it empowers me to live in this hell and humble myself to serve my fellow human beings.

          • David Horace

            “Please don’t throw John 3:16 into rational thought about rational things; to do so is so self-serving and egotistical.”

            What a foolish thing to say.
            Repent, my friend.
            Your psycho-blabble will not provide salvation when your time is up.

          • thechaosdjinn

            I wrote:

            Reason is a tool for us to use as long as we are not too proud to understand that reason falters in the presence of the divine.”
            if that statement needs clarification here you go: it says that I am humbled by the divine influence…that my reason is merely a tool in the light of the truth.

          • kent

            One could say the same about you and your beliefs. How do you know you are not the one being deceived?

          • thechaosdjinn

            Self-deception is the worst kind…

          • hevel devil

            Thoes god dam demons from hell. They heed to be destroyed now.

          • thechaosdjinn

            “Hell is other people.” Jean Paul Sartre

          • Sounds better in French though lol
            “L’enfer c’est les autres” – he was on to something… those kind of people are lacking more and more in our world.

          • thechaosdjinn

            Yes, but many on this board are trolling so much that I didn’t want them to think I was asking for another order of fries in French.

          • hevel devil

            Satan you are A asshole and you better know it.

          • thechaosdjinn

            Satan, demons…what’s with all the pervasive fear of these bogeymen that don’t exist?

          • englishvinal

            Sigh……………………………..
            ………………… sigh………………….

          • thechaosdjinn

            And your response is supposed to mean what?
            Someone accused me of having a ‘demon’ as my picture; I responded with a history lesson of what a djinn represented. My picture is not a demon, nor am I as a devout Catholic who reached the age of reason.

          • Reality

            Hey! Leave me out of it! 😉

          • Lugnut Capp

            Lucifer’s huge tail is starting to bend down ward now. Huge stock market crash is A coming

    • JAC

      Excellent post..

      • thechaosdjinn

        thanks…just trying make sense of all the chaos.
        hence, my name.

    • GoldenGirl

      Bravo!

      • thechaosdjinn

        Thank you. I never received a ‘bravo!’ before….you’re making me blush.
        = )

      • Lugnut Capp

        Bravo Burger hamburger stand.

        • thechaosdjinn

          mmmmmm….hamburgers….

    • jakartaman

      Very well said.
      We have enough fools cheerleading how great we are doing – BHO being the biggest!

      • thechaosdjinn

        Thank you. The Manchurian Candidate in charge has facilitated our demise.

      • Sally

        We’re the greatest nation on earth, look how much food we have a, were rich, our military is the strongest, it’s all due to our diverse city. Martin Luther King had a dream, All of some gods little children dancing in the streets. It’s a blessing to see the pope come here and trumpet the need for more diversity in this great land of the free. Obama may be the next pope, these two great world leaders are helping Excelerator us into greatness beyond our wildest dreams.
        It’s hard to believe all the negative talk, just read the book by former Bible Belt to Pastor, Stephen Mansfield, “the faith of Barack Obama”, Mansfield it describes Obama is a man of faith truth and virtue, he sure did not miss the mark, thanks to great leaders like Mansfield, we have statesmen that are telling all of these negative people to basically shut up, our president is a Christian. No one can tell him to not say that, this is America, the greatest land in the world, and we have freedom of speech! Ben Carson needs to shut up, we need a Muslim in the White House, that would increase our greatness showing that we can coexist. Martin Luther King had a dream, everybody LGBT, pedophile, White, Muslim, homosexuals, conservatives, all of us living together in peace and harmony! It’s diversity that is made this land so rich in the greatest nation on the face of the earth, I’m glad I’m an American!

        • christy

          Blind to truth!!!! Wonder how you will feel when your spouse or,child or family is beheaded for being an “infidel”? You REALLY should read the Quran.

          • Orange Jean

            Agreed!

            I read the Quran 40+ years ago (trying to better understand a friend, who was from Iran) and it’s true what you say. I cannot imagine the shock all those pro-Muslim “diversity” loving liberals are going to get if/when Sharia takes hold in America.

          • alan

            The best we can hope for is Miley Cyrus and the Kardashian freak show get stoned.

          • SunnyFlaSnotress

            Aside from no need for stoning, they have much better security than most of us.

          • christy

            Amen. I just pray the Dear LORD JESUS has mercy on us ..cuz we DO love Him. Blessings to you.

          • SunnyFlaSnotress

            Mercy on us for what?

          • christy

            For protection in these times of horrific trouble. Also to help us to be covered continually by His grace & not let our guard down & be deceived..but to stand strong in lifting up the name of JESUS & in truth. :)

          • SunnyFlaSnotress

            I wouldn’t worry about the libs so much. Here’s a case of a Bible-toting Christian that got killed in the USA.
            It’s the Freddy Akoa story.
            http://www.wnd dotcom/2015/08/slain-christians-head-allegedly-bashed-by-muslim-refugees/

          • SunnyFlaSnotress

            My old roommate had a Quran. Why I’m not exactly sure since she was firmly Catholic. Anyways, I read some.

          • christy

            Hope you saw the truth of how dark & violent this “religion of peace” is. Satanicly evil.

        • Piper Michael

          You made me throw up a little bit in my mouth.
          One day, when you’re dead, you’ll understand.

        • Mary Britzman

          What planet are you living on? Obama is a muslin who has done nothing but blasphemy the word of God and hurt and not care about Christians. The Pope claims Jesus was a failure, Evolution is true and every religion serves the same God. American is done for the sin they do Abortions, homosexuality, not helping Israel. Everyone better be right with Jesus because everything the Bible said is coming true right before our eyes. The pope’s visit to talk about the New World Order. He is more concerned about climate change that Christians getting slaughter all over the world and Family Planning sell body parts.

          • susan

            Why would we help Israel. They have been murdering Palestinians. Do some research and WAKE UP.

          • SunnyFlaSnotress

            America’s still going strong, baby 😉 ..

          • ViVictor N Ananyev

            Mary, are you insane or so much biased ? During last 50 years The United States only mission is to help Israel by all means via technical, military, financial, cultural, manpower etc. BTW, for additional knowledge, before BC Marcus Aurelius was preoccupied not with a small exotic sect of Christians in Rome but with aggressive warriors on the North called Parthians ( Persia) !

        • Weiss

          If this is sarcasm, which I hope it is… you’ll have to make it that little clearer next time. As-is, it sounds like you actually believe the crap you wrote.

        • Michael Lewinski

          “We’re the greatest nation on earth, look how much food we have a, were rich, our military is the strongest….” You have been drinking the cool-aid and not paying attention to objective reality.
          Dr. Ben Carson was right. Sharia law would destroy America.

          • SunnyFlaSnotress

            I’d say 3/4 of the first sentence is right.

          • oliver perez

            well, nothing is permanent….

        • whatevernice345 .

          Trying to lie to us on purpose!

        • Konan Igan

          Sally You drank too much BHO Kool-Aid.

      • SunnyFlaSnotress

        Well, let’s put it in comparison… Who do you think is doing better than us?

    • themtgoat

      This has been one of the more sophisticated replies I have seen, and nor would I disagree with you. As an IT person, I also agree.

      • thechaosdjinn

        Thanks, apparently too much for some people. It wasn’t my intent to educate or inform…just to identify.

    • englishvinal

      Dear Djinn…
      I comprehended what you related above and I agree.
      That said:

      Many people won’t. Never use 3 words where one word will serve as nicely. Never ever “write for yourself” .. write for your readers.

      Please.

      • thechaosdjinn

        I wrote to the truth and all its complexity. Not to a 4th grader like most would suggest.

        • SunnyFlaSnotress

          djinn, with your level of chicanry, It’s more likely that you did 7 years in the pen, vs higher education for 20

          • VigilanteCaregiver

            Better than 7 years in Women’s Studies…

          • SunnyFlaSnotress

            Only if you have a preference for Bubba

          • VigilanteCaregiver

            Or into masochism… or suicidal…

          • SunnyFlaSnotress

            If you’re lucky he will share his bunns or biscuits w/you 😉

          • VigilanteCaregiver

            I have my own year supply, water collection system, urban agriculture with hydroponics, and can fabricate any and all commodity need (chemical, medical, wood, metal, composite, etc). Blessings of a generous Lord and Savior to provide for my family and – here’s the best part – can help others establish their own systems with a small, replaceable donation from my own. I intend to thrive come peace or collapse – that’s just good economy and Christianity.

          • Iarwain Benadar

            Isn’t that the truth!

          • thechaosdjinn

            sure- you are a god; you know all, see all, control all. I cannot ever even attempt to challenge your authority. I was in prison for 7 years, like you said because you saw me there from your panopticon of omniscience. I engage in “chicanry,” I guess…I didn’t find that in the dictionary to try and uncover what you saw me do, oh omnipresent one, but *must* have because you said it.

            I just have one question…did I do it in prison and should I get a blood test for it?

        • Guest of gary

          Get over youself you arrogant pri@k!

          • thechaosdjinn

            ok…I will admit arrogance when you can have a cogent argument; don’t hold your breath for either to ever occur.

    • Harbinger

      On the surface your post provides a good foundation: however, it lacks insight into what is really going on. Anyways, the powerful position the USA has today in the world is about to disappear. With a debt as high as that of the US government, it is going to have to choose between a peaceful bankruptcy process, or declaring that it will not honor any of its debts while backing up the declaration with its overwhelming military superiority. In either case, the USA is going to radically diminish in international power, though in the latter scenario the process will take longer and will be more gratuitously bloody (because eventually the superior productive capacity of the rest of the world will more than match US military power). The plan for a global “Pax Americana” as laid out in the Project for a New American Century’s 2000 paper entitled: “Rebuilding America’s Defenses” (signed by neocon heavyweights; Cheney, Wolfowitz, Rice, Libby, et al), which describes how the US should achieve global hegemon status through the conquest of petroleum rich central Asian regions, and thereby secure monopolistic US access to this strategic resource (“strategic” because petroleum fuels all sorts of military vehicles), thereby insuring perpetual US global military dominance, is both Hitlerian and apparently doomed to fail.

      • thechaosdjinn

        I wrote:
        “This author is using sound logic and time-worn inference to gauge our trajectory. Unfortunately for millions of us, the sound predictions he is making are something to be scared of. It is not good.”
        That also insinuates the current state of the petrodollar; to speak further on that would have tripled the size of the response.

      • thechaosdjinn

        additionally, please see my commentary way down below about the petrodollar, Russia/China, and the trajectory we are on towards war.

      • I agree. as a matter of fact, I think that the 2000’s American Century paper did not really take into account the real complexity generated by a unipolar world. With a bipolar world USSR/USA things were more easy to grasp.

    • O’ChiefHusseinChimp

      You lost me at “educated consumer” It’s like having the words “sustainable and growth” in the same sentence. Nothing worse than an idiot that thinks he’s smart.

      The rest of your emotive, narcissitic garbage is too long to read.

      • BillClinton

        Actually what’s worse is an idiot who thinks a smart person is an idiot who think’s he’s smart. You are a consumer. That is your only purpose.

        • O’ChiefHusseinChimp

          No what’s worse is a cromewollybender defending an idiot. Your only purpose is to play with your wife’s pie hole, comprende?

      • Michael Lewinski

        You must have a very short attention pan.

      • thechaosdjinn

        If reasoning about objective reality leads to ’emotive, narcissistic garbage,’ then a dictionary will serve you well to interpret what I said.

        First, what you should have {erroneously} stated was that ‘educated consumer’ is an oxymoron, like ‘jumbo shrimp.’ However, that opinion of your was categorically misinformed. Try again.

    • BillClinton

      The problem is that there are too many things that are broken with accelerating deterioration. If one problem is fixed the other 99 are still getting worse and they all affect each other. I haven’t seen that even one problem is looking better. The ability to hide things is vanishing quickly.

    • Manifestly your posts generate some nice and interesting comments. Which, hopefully, counteract the increasing number of dumb comments… thumbs up Djinn :-)

      For all the others, please continue to bring some constructive comments as you do. It is a pleasure and some enjoyment for the neurons to read something else than name calling, attacks and trolling.

    • fwalker15

      In the field of psychotherapy that voluminous yet incorrect analysis appears to be projection of your shattered ego and PTSD symptoms resulting in a myopic, although comical, view that the entire “system” must be on a trajectory of complete failure as well. The ludicrous misue of short term technical analysis terms and indicators juxtaposed to your long term erroneous conclusion reinforces that yet provides excellent comic relief to readers. The comment in its entirety cries out of deficiency motivation on multiple levels hilariously punctuated by “my field of psychotherapy.” Thank you for the excellent comedy as I along with the many that are capable continue to successfully navigate through the cyclical markets and economic environments.

      • Steve Lukas

        Denial as you rearrange the deck chairs as the band plays while the Titanic (US) is filling up with water. You are one of the ones who rode the ship down to her watery grave.

        • thechaosdjinn

          It is a conundrum…if most people weren’t altruistic, people like the trolls on these boards would have been crushed under the weight of cognitive evolution…following a Darwinian trajectory into oblivion. Instead, these people live and breed…

      • ROFLMAO

        Wow a PhD in psychology and economics. What other degrees do you hold?

        • Luke V. Beni

          Permanent Head Damage…

      • thechaosdjinn

        “shattered ego”
        hah…as if it were a ‘thing’ that could be broken. Please sit down rookie and leave this to the professionals…

    • Hugh Jass

      That’s exactly what I was thinking.

    • jhowell882

      well said and it couldn’t be more right on. Micheal more than likely would like to be blogging about good things and the prosperity we would be looking at. i know that what he writes here probably makes him sick to his stomach as it does for those of us who understand. the real thing is that we will have to have a horrible economic collapse for those of us who don’t comprehend or just don’t want to believe the facts in their faces. then and only then will we be able to rebuild a better system. this is what FDR did in the 30’s. we haven’t gone very far since then.

      • fwalker15

        Thats correct I read some of your comments on blogs from the 1930s and you’re correct there has been very little advances in digital or medical technologies and the quality of life has gone straight down along with it.

        • Steve Lukas

          Enjoy your last remaining trading days of taking money out of this fraudulant system as your world is about to change drastically and you will not be prepared to survive the tsunami that is coming.

          • fwalker15

            I know. The nut cases like you have been warning of the imminent end for decades and centuries before that. Thanks for the warnings and great laughs.

    • VigilanteCaregiver

      Welcome to the battlefield! Good to have you here, sir!

      • SunnyFlaSnotress

        I know his type. He seems like your friend now. He will win you with his genieeness only to turn around and let out his legions of demons like a surge of bean gas. You will see and I will laugh.

        • VigilanteCaregiver

          Meh.

        • thechaosdjinn

          you really need a hug…or thorazine.

      • thechaosdjinn

        Thank you…truth will prevail.

    • Cicero

      “The sky is falling! The sky is falling!”
      Geez get a life already…

    • hidflect

      Yes, most of what you say is true. Capitalism has no upper limit or ethical boundary in the search for efficiency and therefore profits. What can be done about it? Even if Bernie got in, not much in the next 5 years, I think.

      • thechaosdjinn

        Don’t think anything can be done. It’s broken beyond repair.

  • r543d

    While I Agree with the article everyone on the other hand is acting like it’s all doom and gloom for the end of Sept/early October but right now it’s not happening. I understand it’s a controlled perception but right now it’s not at all what the naysayers were saying it’s going to be. Not to say that I might be biting my tongue in the near future but the hype seems to be over sensationalized. It’s great that like minded people are preparing in advance but given the timeline hype…it’s not matching up right now.

  • evoval

    The swindlers are getting ready to play deathly ill and vanish because the jigs up!

  • I enjoy reading the article of Michael (whether I agree or not with them), but honestly the comment section becomes somehow annoying.
    I respect the point of view of each, and sometimes learn things even from some I can disagree with from time to time like Nemnor or Fwalker15 (each for different reason). Yet, at least those two try to bring something to the discussion, and few others also.

    But, sadly, that kind of people becomes a rarity in this comment section. Now we have to face a bunch of imbeciles with no real constructive opinion whatsoever except their incredible ability to repeat the mainstream sh.t we hear on the mass media. Apparently the school system made a good job creating parrots… and Trolls in quantity

    • thechaosdjinn

      Reason will always prevail. I enjoy killing the trolls with it. Makes it somewhat fun- discourse with irrational minds in order to reinforce the sound reason we bring to the table.

      • The problem with Trolls is their fascinating capacity to reproduce in a fast pace – “the rabbits of idiocy” of some sort – you have a lot of work before you killing them I think… Unless you find the myxomatosis for those “rabbits” :-)

        • thechaosdjinn

          True- idiocy knows no bounds. However, we can discourage their circular logic or distract them with fun-loving banter so they get the validation they need. See my responses to the Florida Vampire below. Her ‘arguments’ are mostly non-existent after I upended her assault and redirected it back to her sense of humor; resulting in a futile endeavor for her to baselessly deny reality.

          If you can’t laugh with them, laugh at them.
          = )

          • SunnyFlaSnotress

            I make great logic. You have proven nothing.

          • Ah aaaah, there you are. I was sure you would not stay without reacting, was just wondering when you will react hehehe… :-)

            Now, he(she) had a point below – a Vampire in Sunny Florida is quite strange 😉 (just kidding)

          • thechaosdjinn

            Ok. whatever you say; you seem to be the foremost authority on all things…
            I am employed- please see above.

          • SunnyFlaSnotress

            I don’t believe you are employed. If you were, you wouldn’t be on this sorry board all day.

          • thechaosdjinn

            Slow day

        • englishvinal

          I didn’t think of that possibility, the djinn person may just be a troll….. He certainly has emasculated the original impact of the article…….
          Thanks Joel.

          • thechaosdjinn

            English…Joel was addressing sunnyflanotress…not me.
            I am not a troll, my original reply supports the article and the author, and my verbosity is not excessive as you suggested.
            Therefore, any perception you have of ’emasculation’ is really confusing.

          • SunnyFlaSnotress

            You are right English.. djinn is.

          • thechaosdjinn

            ok. whatever you say.

        • VigilanteCaregiver

          Most of the trolls online are fake: one person with multiple accounts.

      • englishvinal

        djinn….. you are a crashing bore. You haven’t “killed” anyone with any tool that you might possess.
        All you have done is blow your own tarnished horn and make a verbal attempt to be superior to “the common man”…..

        You are tiresome. Go away.

        • thechaosdjinn

          It was a figure of speech.
          As a lifelong student of psychology, philosophy, and religion who is employed in serving those with mental illness, knowing that I am NOT superior to the common man is a necessary prerequisite for human service. Nice try…but you cannot judge if you have not walked a mile in my shoes.

      • VigilanteCaregiver

        Please continue to do so!

        • thechaosdjinn

          Thanks, I will serve.

    • englishvinal

      True~!

    • VigilanteCaregiver

      Completely agree!

      Remember the old days when we talked in the comments section about evidences supporting Mikes articles. We also talked a lot about preparations: what foods to store, how much, what worked – what didn’t. There was only one troll back then (went by 2gary2) and Syrin used to mop the floor with him!

      It was nice. Really was.

      • Yep I remember them.
        Agree 100% with you… but there is always hope it will come back 😉

  • Donald Wilson

    The government handouts cannot continue forever, when that day comes all hell will break loose. Good luck and Good night. The end…

    • Horiboyable .

      Its already arrived, too many takers and not enough makers. We are snookered.

  • Barry Goldwater

    All is well my friends, John Boehner and Mitch McConnell will avert a Government shutdown , cave to Liberals on Planned Parenthood funding and raise America’s credit limit so we can begin adding Trillions to our National Debt which is 18.4 Trillion already.
    Happy Days are here again !

    • algol2000

      John Boehner just announced that he will resign at the end of the year. Something huge the size of boeing is coming down.

      • European American

        JBs got some insider info…he knows it’s time to get out, before the pitchforks come out. Crying all the way to the bank (before it collapses).

      • Barry Goldwater

        He’s cashing in his chips this way because he knows the Freedom Caucus has begun to fight him in earnest and staying would provoke an embarrassing and costly fight. The problem is, McCarthy who is most likely to succeed him is also Washington Establishment so don’t expect a great change.
        I’m glad Boehner is gone , the man has no fight in him at all. Now if we can ditch McConnell we just might make some progress.
        Too often the GOP forgets who sent them to Washington . The base of the party is Conservative and they want Conservative outcomes even if we get Vetoed by the President Conservative’s want to know at the end of the day that their leadership at least tried.
        Compromise and appease is not a Conservative strategy for success.

        • toadsticker

          You say we will probably replace Boehner with McCarthy so don’t expect a great change. I agree with you there. However, you also say if we ditch McConnell we just might make some progress. Why? Wouldn’t we just get another establishment guy in the senate like you expect in the house. I don’t think we have enough conservatives in either side of the house. Having said that, I think ditching McConnell would be progress in itself. I say DITCH MITCH! because MITCH IS A BITCH!

          • Barry Goldwater

            At least the satisfaction of knowing their was a price exacted for their betrayal of their constituents wishes. Boehner / McConnell have sought to make the GOP the Party of Government and there are many in Congress as well as Presidential candidates who hold this view. That being the case they’re truly uninterested in rolling back Government or making waves of any kind. The accumulation of power is their primary interest.
            In Boehner’s statement today he said as much when he said ” his first responsibility is to the Institution ” . WRONG ! His first responsibility is to his constituents, the American people and the Constitution of the Untied States. These guys have come to believe the people now serve the Institution of Government and that must change !
            The funny thing is they have the audacity to question why the public holds so much disdain for them.

          • toadsticker

            I agree with everything you say.

    • Gay Veteran

      repubicans = democrats

  • algol2000

    I like that. Please give me instructions on how to build an anaerobic digester.

    • VigilanteCaregiver

      They’re free online; only requirements for operation is to provide a steady optimal temperature in the 70’s and keep out oxygen.

      • algol2000

        Thanks, I appreciate your response. I will look around.

        • VigilanteCaregiver

          Just be careful when you finally have a prototype built. Any air leakage can ignite the methane! Test and test again.

          Please be safe!

          • algol2000

            Thanks, I will take that into consideration.

  • Richard O. Mann

    Slowly boiling the frog.

  • thechaosdjinn

    Thanks- I read global research almost daily on that site.

  • VigilanteCaregiver

    Really. Climate change is thoroughly debunked due to climategate (I have the files, emails, data dumps, and algorithms) and abortion is genocide. You have no empathy for human life and collaborating with genocidal actions. Stay away from children, the elderly, and the disabled.

    • James

      Climategate.
      Please see ACRON scandal, and how it was not a scandal.
      I don’t care for fetuses, they can’t feel pain for many weeks.
      If I stay away from the elderly, do you want me to divest from DGX, XRX, and MCD?

      • VigilanteCaregiver

        I looked up ACRON scandal – all I got was ACORN scandal of how a group of leftists were exposed a traitors.

        Say it: babies. Whether they feel pain is not a good means of determining when to kill someone! They are human regardless; and you are politically supporting their murderers and this group’s profiteering from their corpses – that’s the definition of an enemy collaborator. Medical research? No; ABC News headline “Chinese-Made Infant Flesh Capsules Seized in S. Korea” – cannibalism!

        Divest if you want: physically stay away from children, the elderly, and the disabled. You’re dangerous.

        • James

          Or you got that O’Keefe used Movie Maker to edit together pieces of video to get the outrage that he wanted

        • James

          Also, your impossible to convince because you believe that all science is bunk unless if fits your claim, even if the science was funded by the Howard Huges Medical Institute investigating the effects of climate change on cholera speading rather than a dark money group funded on Chevron on why glacial melt will only flood 80% of flordia

    • James

      Those files, emails and data dumps were quote mined into oblivion

  • Alleged Comment

    If you keep shouting, “the sky is falling, the sky is falling”, someone will throw a pie in your face!

  • SunnyFlaSnotress

    Try not to act too surprised, but I’m not an adherent. Though I must admit, I was quite surprised with his recent move to forgive some who have had abortions.

  • john waylon

    The chaosdjinn post is indeed very eloquent. To bad 65.5% of americans are in the drive thru at mcdonalds or burger king supersizing their value meals to read it. Additionally they would understand the words if they did read it. Lets face it America is screwed because of the citizens inhabitating the land. Majority are complete morons trying to be something they are not- materialistic dipsticks with no understanding of complex issues. Not to mention non readers. Watching Kardachians ans Caitlyn Jenner and consuming pure garbage mentally and nutrionally. America is a GREAT country populated with toxic clones. Thumb jacking cellphones living on borrowed money and borrowed time. And Buy The Way I have a $700 smartphone and not 2 pennies to my name. Beautiful Americans!

    • thechaosdjinn

      Unfortunately the number of 65.5% is underestimating those who live in the dark.
      Because I used ‘big’ words to support a cogent argument, I have been accused of looking down on others, accused of heresy and assumed that I am not repentant nor humble. Wow…just wow.

  • jsmith

    Brother can you spare a di… a a can you spare $10.00?

  • Gay Veteran

    wow, to have recently adopted (supposedly) and being your wife’s caregiver 24/6 (supposedly) you sure have a lot of time on your hands, building your own power plant, massive posts here

    • VigilanteCaregiver

      And we already know all about you.

      The power plant was easy. Been posting about it for the last year and half; the adoptions started about two years ago; wife’s caregiver for the last nine years. See my posting history for full details.

      Now since you demand proof, so can I of you: prove you’re homosexual, work for USDA, are a nuclear power expert, a military veteran, did not vote for Obama, have a law degree, you live in Maryland, and are not a government paid troll.

      • Gay Veteran

        nuclear power expert? still spreading that LIE, eh.
        no, if you actually had all the responsibilities you claim you have, you wouldn’t have time to be spreading your drivel here

  • fwalker15

    Crash by definition = 30% decline. Seems so far most if not all of those are higher over the last 52 weeks. Never mind those silly facts let’s just corkscrew together economic terms and cycles and capital markets terms and cycles and see if we can scare some rubes into buying some doomsday books DVDs and other ridiculous nonsense until they learn better. What spooky supernatural lunacy will he conjure up next? ROFL

  • gfmucci

    Let the shutdown begin. I’m glad someone might be standing up against an immoral government. It will not be conservatives who shut it down. It will be the immoral Obama administration and Democrats who insist on funding the immoral scourge of “Planned Parenthood.”

  • VigilanteCaregiver

    Mike!

    Two days ago Utah cut ALL FUNDING for planned parenthood!! Citing Margaret Sanger’s eugenic deathcare’s illegal activities and even went so far as calling them a threat to the community!

    That’s what we wanted and got it! Now, can we keep it from the same courts that stripped away our state’s rights with unconstitutional homosexual faux marriage and unconstitutional obamacare? They force us to pay for genocide… well, that’s hopefully enough for the Lord, Our God to step in and end these evils.

    • Aaaaand less than 24 hours later, the courts put an injunction against Utah’s unlawful actions against Planned Parenthood.

      “Tyler Green, solicitor general for the Utah attorney general’s
      office, said in court that Gov. Herbert has not claimed that any Utah Planned Parenthood officials were involved in the fetal tissue discussions.

      However, Herbert was concerned that the national Planned Parenthood organization may be “coloring outside the lines,” Green said.

      The remark prompted the judge to ask, “Don’t you find it troubling that the governor decided to take this action before this investigation into the supposed activity outside the lines has even been completed?”

      The judge likened the move to the state firing an employee because someone claimed they had seen the worker with a gang member.

      Waddoups noted, however, that the governor had not claimed that the Utah group broke the law and understood that the more than $200,000 in federal money involved goes toward activities such as testing for sexually transmitted diseases and abstinence education.

      The organization is barred from using federal or state money for abortions.

      Tomsic argued that the constitutional rights and reputation of
      Planned Parenthood in Utah would be harmed and those programs would stopped — risking an increase in the spread of sexually transmitted diseases — if the governor’s order was not reversed.”

      • VigilanteCaregiver

        Going to show that we have no rights whatsoever when a Leftist has a whine before a Federal Judge!

        • “We” only have rights when we are on the correct side of the law. When “we” try to break the law or bully those who didn’t break the law, “we” don’t deserve rights.

          Utah governor tried to abuse power by bullying the courts into illegal actions against Planned Parenthood, who are committing no crimes. If they lose funding, they don’t stop abortions — they stop providing STD testing and ABSTINENCE EDUCATION. How stupid could this Utah Governor have been??????

          • VigilanteCaregiver

            The governor has the power to cut federal funding to a non-governmental agency under investigation for mass murder. Planned Parenthood has committed so many acts of 1st-Degree Capital Murder that for the Governor not to cut funding will bring him under the same crimes you yourself are committing (political collaboration with mass murder is still a war crime – look it up):

            Davies, Peter. Dangerous Liaisons: Collaboration and World War Two. Harlow: Pearson Education, 2004.

            Deák, István, Jan T. Gross, and Tony Judt. The Politics of Retribution in Europe: World War II and Its Aftermath. Princeton, NJ: Princeton University Press, 2000.

            Gaunt, David, Paul A. Levine, and Laura Palosuo, editors. Collaboration and Resistance During the Holocaust: Belarus, Estonia, Latvia, Lithuania. Bern: Peter Lang, 2004.

            We don’t need Planned Parenthood to test for STD’s or sex ed. For every Planned Parenthood office, there’s dozens of clinics and charities that cover those exact functions, for cheaper, and without killing babies for profit.

            You’re insane for enjoying the deaths of millions of children. Get help, troll.

          • “1st-Degree Capital Murder” you just have zero concept of reality. Do they prohibit schooling beyond primary school where you live? Abortion is not murder, it never was, it never will be. “1st-Degree Capital Murder” is a legal term, and many conditions need to be met to qualify for 1st-Degree Capital Murder that simply will never be met by abortion.

            My screen name for almost every account I own is “Ahimsa”, and I am an anti-war vegetarian because I dislike death. I’m not some sort of abortion fan like you keeeeeep trying to make me out to be, but that’s your mental issue, not mine. Get back to me when every last child waiting for a family has been adopted before you gripe about abortion. We adopted nine such children, and in the US alone there are over 114,000 children seeking adoption. You are smearing faeces in the faces of those kids who are already born and waiting to find parents when you claim you want even MORE babies born.

            Frankly, people who hold out for babies rather than adopt walking, talking, thinking, older kids deserve to have their reproductive organs removed so they don’t accidentally cause even MORE children to wait to be adopted.

  • henrytan73

    Interest rate increase will certainly cause a downfall of U.S stock market. After the cease of QE, the stock market already cease in moving upward. With further increase in interest rate, interest all kinds of loans will certainly increase. Company will less willing to issue more bonds at a higher interest to raise money for all the share buy back. The stock price are ploted up due to a lot share buyback. Once all these shares buyback stop, the market will eventually crash.

  • BooBoo Billy the English Tutor

    I suggest a English class then come back.

    • fwalker15

      An English class would obviously benefit you as well.

  • BooBoo Billy the English Tutor

    Take my English class. Learn to speak then learn how to write. Until then make like a bald guy and get out of hair

  • alan

    Tomorrow all those markets could be a records high. So what does it mean…., nothing.

    • fwalker15

      You’re asking that question on a blog where neither the articles nor the bloggers have no clue that there are market cycles and economic cycles nor how they differ. Best to just enjoy the comedy their ignorance provides; that is priceless !!!

    • Jazz

      I agree! The US markets will be back to record highs by the end of 2015. We should bottom out next month and have a strong nov & dec to put the US markets back on solid footing heading into 2016.

      • fwalker15

        You think key stock indicies are headed 10-15% higher in 60 days with potentially rising interest rate backdrop? R O F L

        • Jazz

          Yes rising rates will signal US economy is healthy and if you check history, rising rates are actually fairly good for the markets (in small quantities). Despite the myth, stocks and interest rates can rise together. The financial sector for one does much better when interest rates rise because profits rise as spreads widen.

          • fwalker15

            Although I’m familiar with the old adage of two bumps then a stumble as stocks generally react after the trajectory of the yield curve is defined, I’m having trouble finding the history of any economy with over one quadrillion in overhead debt structure so although I see the appearance of a counter trend rally in financials recent price action I wouldn’t buy into it yet if at all my closest financials / bullish proxy would be TMV and/or SBND 3x inverse treasuries – although if I had pick a financial it would be WSFS. At this point though rising rates may benefit the broader economy and possibly avoid the likely liquidity trap policy makers face it may very likely be at the detriment to capital markets and “wall street” and with just days until mutual funds and those that run money with end of 3rd qtr reports / window dressing/ September 30 and their year end performance bonus heavily tied capitulation at this point could be fugly short term. I would expect 1873 on sp500 to come quickly and 1400 by 2nd qtr 2016. Although lots of variables as djia and other key indices switch component companies and divisor methods in Jan and Russell indices switch in July so anythings possible but I would be very cautious for sure jmho

          • Jazz

            So mutual fund manager “window dressing” is going to lead to capitulation? lol that is one I haven’t heard. Most money managers I’m talking to believe we are seeing another 2011 as the path of 2011 and 2015 are nearly identical point for point. Here’s a spoiler alert: 2011 Q4 was extremely profitable for long only managers.

          • fwalker15

            ROFL

          • Jazz

            You still can’t answer what’s going to stop a strong expanding economy and cause a 500 point drop. I’m the one laughing!!! Sorry apple you just sold a billion iPhones and record profits on that record cash in your bank account but Fwalker says window dressing is going to crush your stock price. rofl x 100

          • fwalker15

            Keep laughing meanwhile you can probably do a search on fwalker15 aapl and see at 134+ as the report came out I clearly analyzed it and clearly forecasted the decline to 80s and its since traded at 92 so even though it traded $43 lower until it prints in the 80s I can be considered incorrect. As for your other comical notions the ideas of overlaying charts seems child-like especially at the beginning of an easy money policy period vs the tightening period and the idea of applying trailing data to forward looking discounting mechanisms speaks volumes. Aside from that your confusion regarding market cycles vs economic cycles also explains some of your foolish notions. Regardless that forecast of fresh highs ahead for key indicies should provide many laughs between now and year end while markets school another rookie speculator. ROFL x infinity :)

          • Jazz

            Lol. You still haven’t explained why the markets are going to fall. Guess the stock market will go down because of window dressing. Your comments are comical! I needed a good laugh. I will keep on laughing all the way to profits when markets are back at new highs. Peace out!

          • fwalker15

            Good that you’re able to laugh while your ludicrous market notions of new all time highs or 15% gains in 90 are proven ridiculously funny and costly. Good luck bull you’re going to need it with your lack of knowledge and experience. :)

          • Jazz

            Your prediction about a 25% drop without a reason is far more ludicrous. At least my thesis is based on sound reason and proper analysis! The market has shaken out most of the sellers and now you have droves of long only managers ready to step in anytime the markets drop. The US economy is on solid financial footing and corporate earnings expectations are so low that many will far exceed the numbers. It is the classic V shaped recovery after an overdone selloff.

          • fwalker15

            You have no clue what you’re typing and if you had any understanding of micro or macroeconomics or fundamental or technical analysis you’d clearly see how ridiculously funny your comical notions actually are. Aside from that your guesswork about individuals or money managers and their dynamics is price action and price discovery clearly proves how inexperienced you are in capital markets. As for the idea of a V shaped retracement anyone can look at the chart and clearly see that is not possible as prices now revisit the lows for a third test. Meanwhile I now forecast many great laughs at that fresh all time high by DEC forecast of yours. Again you can see from my previous comments when and why I expect sp500 to violate 1873 and then the fun starts. Although from your level of education and experience obviously youre not familiar with market dynamics so again watch and learn. :)

          • Alwaystomorrow

            I do watch and at least remember if not learn.

            You thought interest the interest rate would be raised. They were not.

            0n Sept 1 you thought September DOW would end at 17,100-17,200. 3 trading days left and 786 points short. Still attainable though.

            I am watching and learning.

          • Jazz

            I’m noticing that too. He seems to talk out of both ends of his mouth.

          • fwalker15

            Although I was 99% certain civilization wasn’t ending from a supernatural force in September I did expect an uptick in interest rates in September and I did expect djia to 17,000+ and sp500 to 2020+ looks like the hesitation on monetary policy change caused djia to reverse at 16,750 so tragically I did miss by 1.5% on the djia however sp500 did trade at 2020 and I did put on some bearish positions – tza calls. Either way I was wrong on interest rates and slightly too bullish however I did adjust and have posted that in several comments since. At this point I’m pretty bearish (although not nearly as bearish as many here so on this blog I may be considered bullish) I’m now looking for a retest of sp500 1910 then 1873 and if that doesn’t hold then another 10-15%,decline ahead as I’ve always stated would continue after October. Watch and learn and keep me posted on that supernatural force so I know when the next end of civilization is scheduled. ROFL

          • Alwaystomorrow

            I am watching and learning.

            I will let others here handle the “supernatural force.” Not my field of expertise.

            Sept 1st you guessed DOW at 15,700 at close of year. Any adjustments?

  • algol2000

    Thanks for the reference. Let me look it up.

  • James

    You know, as they say, “It has to get worse before it’s better”. I’ve been waiting for this to happen a long time. The system is broken and needs a big fix, and I’m thinking another stock market collapse leading to a depression is what this country needs to really wake up. Everyone is still sleeping. I know a depression isn’t fun for a lot of people and some will suffer, which is unfortunate, but it seems the only way for things to really change.

    • fwalker15

      Sorry that you have not participated nor benefited from the economic expansion nor the excellent stock market conditions that have existed for many years. The notion of thinking that market cycles will lead to a collapse and then coincide with economic cycles leading to a depression to people wake up is very telling of the personal issues that have led you to not benefit from the economic environment. Best of luck to you however I doubt your dream will come true and as you say maybe time to wake up.

      • Jazz

        Stock market will bottom out over next few weeks and end 2015 much higher. I could easily see 20-25% upside from the current levels over the next 6-9 months as US economy is still expanding.

        • fwalker15

          I wouldn’t get too aggressive with that strategy without being very well hedged. 10-20% downside from here wouldn’t surprise me.

          • Jazz

            I use a long/short strategy but may be reducing my shorts because the key support levels appear to be holding up quite well. As the markets get back above their 200 day moving averages the uptrend will be back in play. US economy looks very healthy so I’m focusing more on companies that derive most of revenues within US. Multinationals will continue to get hurt by strong dollar esp if fed raises rates and dollar gets even stronger.

          • fwalker15

            Where are support levels holding let’s see what happens when sp500 violates 1873 in few days. 1400s ahead

          • Jazz

            Look at thurs, SPY held above 1900-1920. Lots and lots of long only managers with cash piling in. Markets should have gotten slaughtered that day but ended near highs of the day and most of the momentum carried into fri session. How can you be bearish on US with such strong economic numbers? Also this week we should get strong US economic numbers with consumer confidence, ADP & manufacturing coming in. Where is the bear thesis?

          • fwalker15

            Key levels on sp500 were 1962 1948 1910 1873 when sellers became exhausted algo efficiency squeezed shorts when 1962 couldn’t be achieved 1948 was retested and failed 1910 and 1873 will be tested with velocity in the short term although outside chance they hold this week with funds reporting and fresh monthly inflows for October I don’t see any upside catalysts nor any seven week consolidation levels / support so IMHO the leg down about 15% becomes 1/2 the move and would be prepared for the second leg then see if prices can construct a seven week base but make no mistake serious technical damage has been done and a lot of work must be done before this price discovery mechanism slows and a v bottom sure ain’t likely with monetary policy uncertainty added.

          • Jazz

            Have you taken 2011 and 2015 SPY charts and laid them over one another? Nearly identical with similar concerns/challenges. I see 2015 ending like 2011 with a SHARP V shaped recovery. I admit we could retest August 24 intraday lows but we should bounce and get rocket fuel with strong economic numbers this coming week and the worst is probably behind us on foreign troubles in the short run. If we get good numbers in Japan & China manufacturing then we could see a good strong rebound!

          • Jazz

            Lol – a 500+ point drop on what? Strong consumer spending & confidence, reasonable valuations & fundamentals, and a healthy job market. Woah! What’s going to cause that? You have a expanding economy and it just stops expanding midstream and the makets drop 500+ points. You must be smoking something strong! Lol

          • fwalker15

            Watch and learn :)

    • Jazz

      The US markets are not showing any signs of weakness just yet. S&P, NASDAQ, and Dow are all holding up because the US economy is still strong. No depression here. 2nd quarter GDP was just revised UP. This shows expansion not contraction!

      Unemployment is low and will continue to trend lower as consumers keep sending our economy higher. US may be in a little correction but there is no depression coming anytime soon. You need to better understand capital flows to understand that while the rest of the world has many problems that money needs to go somewhere and it is flooding to the US. Our dollar, our stocks and bonds will continue to go higher the worse the rest of the world gets. We are the safe haven of the world. Our economy is based on spending and people are spending, then spending some more. Consumer confidence is still high so there is no change coming there either. We can keep waiting on a US collapse but it won’t be here in 2015, 2016 or 2017.

      The US may be up to its eye balls in debt but it never had any intention of paying back those debts. We will continue printing dollars to cover this up for at least a few more years.

      • fwalker15

        Maybe take a peek at TZA and TMV with those views that stocks and bonds can only head north. Might want to make friends with them and maybe USLV too jmho

  • Bill

    24 hours and my comment is still pending. Why?

    • SunnyFlaSnotress

      You apparently aren’t one of Mike’s favored.

      • Bill

        I was trying to give him credit for a posting of his article on another site. Seems like he would appreciate that, don’t you think?

        • SunnyFlaSnotress

          Did you use any words that could be construed as naughty?

          • Alwaystomorrow

            In addition to those constraints, if you use a link or his full name it will be put on hold.

          • Bill

            Many other links have been published within minutes but mine are often delayed for ever. More to say but I’m hoping Michael will respond.

          • Bill

            Here it is again : (without the link. With the link won’t show!)

            Read it for yourself:
            “Michael,
            I read articles from this site for years and may have referenced some before on this blog. Often I’m accused of being extreme or conspiratorial for doing this. I don’t think I’ll be so accused this time.

  • Bill

    Thanks for your approval Michael. I hope you now know me a bit better.

  • onlook

    Doesn’t the world end on Sunday anyway ?

    • SunnyFlaSnotress

      For Mormons :)

    • fwalker15

      Again?

  • Mukul Chand

    India has been described as a major exporting nation? Also drop in points at 4000. Now it is close to 26000. Was it ever 30000, i do not think so.
    It was 8000 at time of global meltdown.
    Theories are good to write articles, but we must be factual and not create panic.

  • Priszilla

    The refugee crisis in Europe is pretty big. The floodgates are open. Now 50 million refugees will go to Germany demandinh their €2000 payout, a house and a car before getting their family in as well.

    • Priszilla, what are you talking about??? 50,000,000 refugees in Germany? where is that coming from?

      • Priszilla

        There are about 25-30 million refugees now everywhere. Germany says: everyone is welcome. So everyone will go. And then get their parents and grandparents and third cousins as well.

  • Marisa Mormile Elskamp

    Very good article on target

    • fwalker15

      You must be joking. The target was specifically sold to the rubes as September 13 and specifically stated that because it was a Sunday it was not 100% clear how it would happen and potentially could be seen the following Monday when “markets reopened” – which they did and proceeded higher. At which point the books DVDs and other fictional artifices became obvious. Now the metamorphosis into “a process” and you think thats on target- a moving target ROFL.

  • DJohn1

    Our entire economy is based on people working, paying taxes, and eventually retiring for 1-25 years. A very minor problem is people that actually cross the 100 year barrier. Some even make it to 115. But not very many. Most people die. People over 100 have virtually no hope of surviving the next 10 years.
    The entire scheme of Social Security depended on people not collecting money for any substantial amount of time.
    To me, it is a system of slavery for the working person. As long as it paid off the minority of winners it worked.
    The system has turned into a no-win system for the majority of working people.
    This gave the government free money in the form of social security taxes that they never had to pay back.
    The truth is no one wins long term.
    If I saved $5 a week and never touched it for 40 years, it would amount to a large sum of money.
    If you started this in about 1960, the money supply would be worth so much less in 2000 that it would not be worth while to do so.
    I deliberately put it in a time period long gone. Everything is hindsight.
    So you would have to place the money in a commodity to retain value. But which one? They are all losing propositions.
    The other part of this disaster is medicine. We are doomed to need substantial amounts of medical care as our bodies eventually go bad.
    Usually this is in the form of Heart Disease, Cancer, diabetes, or any number
    of a thousand different degenerative conditions based on our bodies giving out.
    I know of people that worked their entire lives, worked
    overtime, saved substantial amounts of money, only to die a week after they retired.
    I know others caught in our corrupt system of medicine
    financing. They are sent to warehousing we call nursing homes. The homes grab everything you have ever owned in your entire life, then put you on Medicare.
    That is not exactly the carrot I need to continue working. Nor is it one that any sane individual is likely to do. Yet we
    have millions of people that go out there and work every day for less than desirable wages spending their youth doing exactly that. Working even though it is obvious that the rewards for doing so are not there.
    It takes a quarter of a million dollars to become a doctor. Or more. I have heard figures up to half a million.
    It is no wonder to me that the entire financial system is on the verge of collapse.
    The idiots we elected to Congress caused this.
    There are foundations upon which the Congress should fear to tread on. They have not.
    One such foundation is the working class of America. And these jerks have allowed the work to go to peoples overseas that make as little as 17 cents an hour. And those are children, which is immoral all by itself.
    Then these jerks disabled all the tariffs that made it unprofitable to send the work overseas.
    All at the bequest of wealthy people that had no clue as to what the end game might be for doing so.
    The working people’s commodity is real estate. It only works if people have enough money to buy and repair a family place of their own.
    When the jobs go, so does the real estate market decrease in value because the qualified people to buy a home goes down substantially.
    This makes a chain reaction. The result being the bankruptcy of the entire banking system and the gamble lost in derivatives.
    There is only one way around this real estate crisis. The jobs have to come home. The people have to be guaranteed a way to make a living. The corporations sending these jobs overseas have to be stopped cold by the removal of the profit motive for doing so.
    One problem all of these wealthy corporations have is transportation to various places in the world. It cuts almost half the profit or more out of putting the jobs overseas. That is a guess based on Commercial Transportation prices.
    The other way is to devalue the dollar currency to the point where it is no longer profitable for corporations to do business here.
    Then the corporations will be replaced by local people providing the goods instead.
    That involves a period of about 10 years of adjustments with multiple retail companies going under.

  • SunnyFlaSnotress

    wow! that was a great video!

  • Mighty IDF

    Be reconciled to God through Christ.
    Your sins are not imputed to you.

  • VigilanteCaregiver

    The Ninth Circuit was overturned. The videos are legit. Deal with it.

    • Oh, he|| yes the videos are legit. The abbreviated and highly edited videos however are NOT legit.

      And I happily dealt with that already.

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