Saturday, February 29, 2020

๐Ÿ‘‰Global Recession Looming as The World Economy teeters on Edge of A Collapse !!


Global Recession Looming as The World Economy teeters on Edge of A Collapse !!





Global Recession Looming. The Dow plunges another 1,000 points for the third day this week as markets are sounding the alarm bells of an imminent global RECESSION . The coronavirus panic wipes out $6 TRILLION off world stocks. The U.S. stock market suffered a historic pullback this week, as the coronavirus spread outside of China, spooking investors and traders out of equities. Shares around the world have lost the equivalent of two years of the output of the entire UK economy in value just in the last week; squeezing investments such as pension funds. Reality has hit. Coronavirus isn't just a problem for China's economy but for all our fortunes. Everyone will be affected. As outbreaks of the virus have multiplied around the globe, it's become clear that the economic disruption will be equally widespread now. From carmakers to electronics giants like Apple, global manufacturing supply chains are being hit by factory shutdowns in China. But customer demand is also affected. Efforts to contain the disease has hit travel and tourism very badly. Sales are falling as people stay away from bars, restaurants, and shops. All this comes at what is already a difficult time for the world economy. China, Japan, Italy, Germany, and the UK are among the countries where growth has already been faltering. Some economists are warning that perhaps One Trillion Dollars could be knocked off global growth this year alone. A hit that will be hundreds of times greater than that of SARS, for example. There have been sharp falls in global stock markets worldwide. The total cost of this week's plunging values has been more than six trillion dollars. In the UK, for example, the footsie 100 closed the week 13% down. That's the biggest fall since 2011. The governor of the Bank of England said the UK's forecast for economic growth is being downgraded, and some fear there could be a global recession. Welcome back to The Atlantis Report. Please take some time to subscribe to my two back up channels. I do upload videos there, too, on a daily basis. You'll find the links in the description box. Thank You. The Global stock markets have lost $6 trillion in value in six days. The coronavirus-driven market sell-off has wiped out $6 trillion in value from the global markets in the past six days, according to S&P Dow Jones Indices. U.S. stocks lost about $4 trillion of its value in the same period. The Dow just lost 12% in one week. The Dow and S&P 500 each dropped 12% and 11% for the week, respectively, marking their worst weekly performance since the financial crisis. Stock prices are falling faster and harder than they ever have before. If the financial markets are in this much chaos even though not a single American has died from the coronavirus yet, what are things going to look like if this outbreak starts sweeping across America like wildfire. Stock markets around the world are plunging into correction territory as investors fear the surging of coronavirus cases outside of China will escalate the deadly virus to a pandemic.Confirmed cases worldwide pass 85,000; deaths top 2,900.Cases jump in South Korea and Iran, including lawmakers. Italy becomes the first non-Asian nation to top 1,000 confirmed cases. The outbreak will hit global supply chains, economic growth, and government revenues. Until such time as governments pump liquidity into the markets and coronavirus cases peak, markets will be jittery, triggering sell-offs. FAIRS, exhibitions, Events, and CONGRESSES are canceled worldwide. New York Stock Exchange considers shutting entire NYSE trading floor amid coronavirus fears as Wall Street firms tell workers to prepare to work from home. More events were scrapped or delayed, from a Paris race to a Riviera property conference to a Greek economic forum, as nations try to discourage travel. The Chinese President Xi Jinping canceled a rare state visit to Japan in April. The Chinese factory activity fell to a record low after weeks of closures caused by the virus. Coronavirus fears drop net worth of 500 richest people in the world by $444 BILLION in one WEEK - with Jeff Bezos and Bill Gates, the biggest losers. This financial panic shows just why the stock markets are nothing more than an ongoing Ponzi scheme, a rolling crap game that has gone out of control. It has reached new highs based on smoke and mirrors, and it only takes a mere whisper of a suggestion that something could go wrong to send the rats running for the lifeboats or the exits. Garbage in, garbage out. Most importantly, the stock market was way oversold and overvalued for what it actually is, and there have always been periods of the balloon bursting at the end of bull runs, and something out of the ordinary causing it. Just so happens this time around it was an international flu bug that behaves unlike any other that the world has seen in over 100 years. THE RECESSION IS COMING. THE CORONAVIRUS AND THE lockdown OF LOMBARDY AND VENETO regions, WHICH generates 31% OF GDP, WILL BE A CATASTROPHE FOR ITALY. THE DECREASE IN GDP COULD reach 3% IN THE FIRST AND SECOND QUARTER OF 2020, WITH A LOSS UP TO 27 BILLION. Lombardy and Veneto, the two regions most affected by the phenomenon, account for 31% of the Italian GDP. Arithmetically, a 10% decrease in GDP in these two regions is worth a 3% decrease in that of the entire country. THE CHINESE MANUFACTURING INDEX HAS plummeted TO A MINIMUM. AND THE halting of PRODUCTION CHAIN ​​WILL HAVE CASCADE repercussions all over the world. The manufacturing PMI (February Purchasing Managers Index) fell in China to the record low of 35.7, from 50 in January and in spite of 46 expected by analysts. Discounting the impact of the coronavirus epidemic that blew up the production and distribution chain across the country. The non-manufacturing PMI also fell to its lowest level of 29.6, the National Statistical Office (Nbs) announced. Two months into this outbreak, travel restrictions and enforced quarantines are still preventing millions of people from returning to work. China's war against the coronavirus includes a battle to save its businesses and economy too. For the first time in decades; China could see its economy contracting. Growth is forecast to be zero percent, or worse, for the first quarter of the year. The year as a whole could see the economy shrinking by two percent. Almost two-thirds of companies say they face operation difficulties, and mass redundancies are possible. A one percent rise in employment would see 4.5 million people lose their jobs. Markets are heading toward a crash for the next two years. THE CORONAVIRUS WILL cause A GLOBAL RECESSION said THE ECONOMIST CHIEF OF MOODY'S. Italy will be one of the most affected countries ; because it has very little room for maneuver in terms of monetary and fiscal policy to react. The only effective response from the government is to work hard now to contain the infection and to be transparent with its citizens so that they can better prepare themselves to face the crisis. Economist of Moody's Analytics has just published a study with which he estimates that the epidemic will reduce growth in the US by six-tenths of a percentage point during the first three months of 2020, bringing it down to 1.3%; and two tenths for the whole year, falling to 1.7%. However, the research raises the probability of a recession in the U.S. and around the world during the first half of 2020 from 20 to 40% if COVID-19 becomes a pandemic. The effects of fear, however, have already been seen for days on Wall Street. If the coronavirus becomes a pandemic and arrives in the US, I don't see how a recession can be avoided. We are already seeing them, not only in travel and tourism. American manufacturing companies will export less to Asia and Europe due to falling demand. At the same time, imports from these hardest-hit regions will decrease, leading to a lack of parts, components, and retail products in the market, along with an increase in prices, which will limit consumer spending. But consumer confidence is the element that has kept the US economy up to now, and if it falters, there will be inevitable negative effects. If the markets continue to lose a thousand points a day, people will worry very quickly. It will be very difficult to avoid a global recession. The global economy was very weak even before the coronavirus. Trump's trade wars have done much damage, as has Brexit and now uncertainty over his trial. The global economy was in trouble, and even if the virus didn't come, it was already vulnerable to many other things that could go wrong. If the pandemic breaks out, it is not difficult to imagine scenarios in which it will be a severe challenge, due to the lack of obvious political responses, particularly in Europe and Italy. There is little that governments can do. There is no good political response to the economic impact of the virus. Interest rates are already very low or negative, and the Central Banks cannot do much to help with monetary policies. Even on the fiscal side, however, there is very little space, particularly in Italy. It is unclear what rulers can do to mitigate Covid-19's economic impact. This makes it even more urgent that the virus is contained because it would be very difficult to respond from a monetary and financial point of view. If the governments are not transparent about what is going on, they will spread more panic, undermining confidence, and exacerbating the economic impact. So it is critical that they do their utmost to contain the virus, and be clear about what is happening and what can happen so that people can do what they need to prepare. This is going to get worse, and the markets know that it's going to be even worse in this country. We won't be able to get our money out of our investment accounts and, or it will be delayed. Hell, we may go into a depression, and all those safeguards will not be able to save us our money. Meanwhile, Trump rallies his base to treat coronavirus as a hoax. While first American death is reported in Washington State, suggesting the disease is already spreading on the west coast. These are just the beginning of pangs of distress. Pandemic, economic crash, world war, and natural disaster looming. Events on the world stage may soon escalate to terrifying near extinction-level events of world war, earthquakes, famine, and plagues. It’s time for all to stop pinning their hopes in the very men who, through their corruption and greed, have orchestrated the collapse of this nation. This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my two back up channels, I do upload videos there too on a daily basis. You'll find the links in the description box. Thank You.











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China Debt Bomb ready to Explode !!





China Debt Bomb ready to Explode !!

















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Friday, February 28, 2020

Gerald Celente Coronavirus is the New Black Plague-- WW3 Looming !!


Gerald Celente Coronavirus is the New Black Plague-- WW3 Looming !!

Gerald Celente, Founder of the Trends Research Institute, shares one of his boldest forecast with SBTV - expect $2,000 gold price as early as end-2020 and prepare for the onset of the greatest depression the world has ever seen by early 2021. Get as strong as you can physically, emotionally and spiritually to survive the coming crisis.












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The Global Debt Bomb! $255 Trillion Debt - Inevitable Economic Collapse & Stock Market Crash



The Global Debt Bomb! $255 Trillion Debt - Inevitable Economic Collapse & Stock Market Crash










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Coronavirus just tip of iceberg as global markets implode





Markets continue to plummet amid coronavirus fears. Rick Sanchez explains how deeper factors than the ongoing outbreak are behind their downturn. Scottie Nell Hughes joins live from the Conservative Political Action Conference (CPAC) where she asked attendees their views and fears about the economy and the coronavirus outbreak and heard exclusive remarks from former White House Press Secretary Sean Spicer. Meanwhile, Turkish President Recep Tayyip Erdogan seems committed to an all-out attack on Syria despite repeated attempts by Russian diplomats and even President Putin himself to try to dissuade him. RT America’s Michael Maloof joins to weigh in. (08:10) How is Russia keeping its rate of coronavirus infection so low despite its long border with China, where the outbreak originated? RT’s Yulia Shapovalova explains for the News with Rick Sanchez. (12:30) Author and civil rights attorney John Whitehead of the Rutherford Institute joins Rick Sanchez to discuss the enduring effects of the PATRIOT Act and erosion of civil liberties in the US. He also explains "Operation Vigilant Eagle," a surveillance program to keep tabs on US veterans and track what they say online. (15:30) Poet, author and critic Edgar Allen Poe is an undisputed giant of American literature. A new study published in the Journal of Affective Disorders suggests that Edgar Allen Poe most likely did not commit suicide, as some have argued. RT executive producer and philologist Dr. Samir Shakhbaz joins Rick Sanchez to share his expertise. (20:20) Plus, RT America's Steve Christakos and Regina Ham join for "Jock Talk." (23:43)








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Stock Market Tumbles 11% in Worst Week Since Crisis -- Economic Collapse 2020

๐Ÿ‘‰ Stock Market Tumbles 11% in Worst Week Since Crisis -- Economic Collapse 2020







Stock prices are falling faster and harder than they ever have before. If the financial markets are in this much chaos even though not a single American has died from the coronavirus yet, what are things going to look like if this outbreak starts sweeping across America like wildfire? The number of confirmed cases continues to explode all over the world, and the discovery of a case of “unknown origin” in northern California has really shaken up global financial markets. It has become clear that efforts to contain this virus have failed, and investors are now coming to grips with the fact that this crisis is just getting started. We haven’t seen this much panic on Wall Street in a very long time, and on Thursday we actually witnessed the largest single day point decline in all of U.S. history… Rising anxiety over the global coronavirus outbreak pushed the stock market into a new zone of fear Thursday. After falling sharply all week, the Dow Jones industrial










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Global Markets Crashing -- 5 Trillions Gone in Smoke -- Fastest Collapse In History !!


Global Markets Crashing -- 5 Trillions Gone in Smoke -- Fastest Collapse In History !!





The global markets are all in freefall this Friday .$5 Trillion Wiped Out From World Stocks Amid Fastest Collapse In History. Investors are on the retreat worldwide as fears of the coronavirus deepen. The plunge in global equities has wiped out more than $5 trillion in value, or equivalent to nearly Japan's annual GDP. And this is only the beginning. 1929 will be considered childsplay compared to what's coming. Supply chains are starting to falter, and tourists are staying home. The virus is also sparking the sell-off of pandemic bonds. As the business community struggles to predict the coronavirus' economic fallout, observers warn the virus could be the final blow that throws the world economy into recession. Global investors aren't waiting for economic data to hit to see how bad things have gotten since the virus has sent China into economic paralysis. They are selling first and asking questions later. The Dow Jones had its worst one day point drop in history, tumbling almost four and a half percent. That sentiment spilled over to Asia with Tokyo's Nikkei shedding 3 points 6 percent today. And Hong Kong's Hang Seng also closed down 2 points 4 percent. It takes a long time and much effort to roll a snowball to the top of a hill, but when you finally get it rolling down the other side, it can only get bigger, and there is no stopping it. Welcome to the stock market snowball from hell. Coronavirus halts China's mega industrial complex for almost a week now, and there is no real end in sight for the disruptions. Markets drastically effected by lopsided reliance on china; there you go. The fear comes to the media and our own president telling us borderline nothing important. Clearly, printing and jawboning are ineffective in the face of reality. The markets, like the virus, are uncontrollable and will do as they please. The market was living paycheck to paycheck, and the hot water heater went out. The corporations must be reducing stock buy-backs since they will need the money with lower revenues and less risk tolerance for corporate debt. The virus did indeed help ion the coming collapse could also be a war or simply a bad timing on Colossal defaults in China ... in either case, this was bound to happen. And these Wall Street traders have seen nothing yet. Most of this stock market is Monopoly paper money overpriced hype, hedge fund many hanky panky nothing is true everything is lie, Bad Karma. Their Ponzi scheme is collapsing... just close the market and have king trump declare everyone is rich... what a joke. The whole market is and has been a manipulated AI scam backed by the FED and Wall Street for decades. Do you think a few hundred thousand day traders (ie, clowns) are going to make minutiae of difference in an American regime sponsored Ponzi scheme? . The whole show is imploding. These valuations were all fake and propped with fake money anyway. It’s ridiculous how you have the bankers furiously shoveling money into the furnace to keep all the bubbles inflated, while their cousins in the media are rubbing their hands together anticipating the collapse. When the dust clears, The bankers will simply have consolidated more assets, and we will be left that much poorer and unstable due to the Bankers controlling both our money supply and means of production. The fundamentals were long gone...so it was a matter of time what would trigger to pop this asset bubbles. The manufacturer index, the freight industry, and unicorn ventures had been down several months before this event. The coronavirus is not the cause of the drop. It is just the pin that popped the overvalued stock market bubble that was created by the central banks and subsequent low-interest loans and buybacks that flowed into the stock market. There is no economy in our economy. This is a pandemic. It has not been seen in living memory use any chance next week to just get out and just remember it is only money. Your health is more important. It should be an interesting close. Who wants to hold stocks over a weekend likely to spew bad news? Why hold risk over the weekend? News will only get worse. Welcome back to The Atlantis Report. Please take some time to subscribe to my two back up channels. I do upload videos there, too, on a daily basis. You'll find the links in the description box. Thank You. The major averages were under pressure on Friday ; in part because investors kept adding to their bond-market exposure and fleeing equities. The benchmark U.S. 10-year Treasury yield touched a fresh record low. It was last at 1.16%. Yields move inversely to prices. The Dow had closed at a record high on Feb. 12. It only took the S&P 500 six days to fall from an all-time high into correction levels, marking the broad index’s fastest drop of that magnitude outside of a one-day crash. German growth will almost certainly be weighed down by the coronavirus, even if it’s still unclear how much, said Bundesbank President Jens Weidmann. Numerous trade-related uncertainties continue to threaten the nation’s export-oriented companies, and the virus outbreak presents an additional economic risk, he said at a press conference Friday. South Korea reported 571 more cases on Friday, taking its tally past 2,300, and Japan’s Hokkaido declared a state of emergency. Switzerland banned events with more than 1,000 people. Geneva Auto Show Canceled Amid Virus Fears. The global events industry is a $1.1 trillion market consisting of trade shows, conferences, festivals, concerts, and sporting events. This industry will be severely impacted by the limiting of travel and avoidance of mass assemblies of people. Since the exhibitor booths were already set up and the exhibitors were ready to display their products, I believe the auto show was canceled because the attendees did not want to risk traveling to the show. Two Swiss watch tradeshows have been canceled, too. Good idea. All countries should be banning these huge crowded events of any type. Also, increase border controls since Chinese are still flying around the world, UPS and FedEx are still flying back and forth to China, etc... I hope this whole thing last long enough for them to cancel next year's Davos. The Swedish Economy Loses Steam as Focus Shifts to Virus Fallout. Commerzbank Urged to Step Up Cuts, Overhaul Model in Review. Hyundai Halts Production At Major South Korean Plant After Worker Tests Positive For Coronavirus. One thousand cars a day, repeat a million times. Markets Crash In Worst Week Since Lehman. Stocks tumbled once again on Friday, adding losses to the market’s worst week since the financial crisis, as worries over the coronavirus and its impact on the economy continue to rattle investor sentiment. The Dow Jones Industrial Average dropped 710 points, or more than 2.5%, and briefly traded below 25,000. The 30-stock Dow was down more than 1,000 points earlier in the day. The S&P 500 slid 2.1% while the Nasdaq Composite briefly turned positive before trading back down by 1.2%. This ain't rotation. It's a liquidation. This is going to leave a mark. Any rally and a top at lunch mean 2 Oclock liquidations. 2008 taught us how this works. The fed could step out and assblast a monthly close, so today is a wild one. This not panic selling. It has been very orderly and mechanical. Maybe Monday, we can get a 5-7% gap down and a halt. This was destined to happen anyway, cyclic massive wealth transfer from the masses interspersed with long periods of milder wealth transfer is the nature of our financial system and it is getting about time for the big one again, the virus is the suspiciously convenient excuse, not the cause! If we were not so chemically dumbed down and placated, we would just string up all the bankers! Trump should have demanded FED hikes when he came into office. This would have crashed the economy, but that is what's needed... but who votes for crashing the economy. We like to blame politicians, the FED, banks, etc... but really, it's the ignorant American electorate that is responsible. There should have been riots on the streets years ago when the FED kept rates at zero for over a decade. $5 Trillion Wiped Out From World Stocks. That $5 Trillion" NEVER EXISTED in the REAL WORLD. Wealth on paper is not worth what you think it's worth. Having 5 trillion dollars evaporate is actually good because it didn't exist in the first place. I've never understood how gleeful people get when the value of their assets rise as measured using Fiat currency, which is itself a depreciating asset. More seriously, we have generations of financiers who think prosperity is a number developed by a council of technocrats and who consequently believe markets only go up. Or said another way, they believe real business misjudgment is impossible, merely shades of good judgment. That worldview was always a bug in search of a windshield. To the extent, reality will be a shock to their worldview, even a historically minor 2% correction is potentially catastrophic. These are adult children in the business of risk management, who never understood that risks were real. Add to that the Central Banks of the world who have fractional-reserved securities to secure monetary creation - a creation that can simply go 'poof' on a fractionally reserved leverage basis with a price decline - and this could get 'INTERESTING' in the biblical sense. In the end, they will run the printing press until it burns a hole through the planet. It is the only thing they know how to do. All the stock markets are pre-programmed algorithms designed to transfer money from the fish to the sharks, you might be able to squeeze out a few percents every now and then, but most investments lose, especially in options . 98 percent of all options expire out of the money. The VIX ensures it is difficult to win unless you get in early and know and guess which way the markets will turn. Likewise, trading fees are indicative of a hole in a bathtub, the same as all transaction fees and taxes. Obviously, the creators of this casino were well versed at stealing a lot of money with percentages and attrition, because even 1% can break even a wealthy person if they keep playing and losing long enough. The dumbest thing about the serfs is their inability to see the fake money and markets were created by the infinite money printers et al., to ensure all wealth is transferred to them one way or another. And so it's "Thanks for playing Monopoly Economics, suckers." That's how the bankers end up with all the cash, property, and assets. Pouring into a tub with holes in it and when they go to retire, their money won't even be worth 1/4 of what it used to be worth, before taxes. Financial idiots everywhere. And if the derivatives bubble breaks, they will confiscate the bank deposits. You have been warned. This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my two back up channels, I do upload videos there too on a daily basis. You'll find the links in the description box. Thank You.














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Thursday, February 27, 2020

Coronavirus Crisis in California at least 8400 people are being monitored









California Governor Gavin Newsom said Thursday that 33 people have tested positive for COVID-19 and the state is currently monitoring at least 8,400 others —a day after U.S. health officials confirmed the first possible community transmission of the coronavirus in a Solano County resident. “This is a fluid situation right now and I want to emphaize the risk to the American public remains low,” said Dr. Sonia Y. Angell, California Department of Public Health Director and State Health Officer during a press conference. “There have been a limited number of confirmed cases to date.” The Centers for Disease Control and Prevention doesn’t know exactly how the new California patient, who’s receiving medical care in Sacramento County, contracted the virus. The patient didn’t have a relevant travel history or exposure to another patient with the virus, the CDC said Wednesday. California health officials said the patient wasn’t under quarantine before her diagnosis and was out and about in her community. “We are currently in deep partnership with CDC on one overriding protocol that drives our principle focus right now and that’s testing, and the importance to increase our testing protocols and to have point of contact diagnostic testing as our top priority not just in the state of California but I imagine all across the United States,” Newsom said at a press conference. Newsom said five of the 33 patients who tested positive for the virus have since left the state. It wasn’t immediately clear whether the 33 positive cases were part of the group of Diamond Princess passengers who were evacuated from the cruise ship that was quarantined off the coast of Japan. The U.S. had 60 cases as of Wednesday night, 42 of which are people who were on the ship, according to the CDC. California health officials have 200 testing kits on hand and will be receiving more over the next few days, Newsom said. “We have just a few hundred testing kits and that’s surveillance testing as well as diagnostic testing. That’s simply inadequate to do justice to the kind of testing that is required to address this issue head on,” he said. Newsom said that the CDC has made “firm commitments” to improve the state’s testing capacity, but did not provide details, such as how many testing kits the agency has agreed to send to the state. California received the first flight in late January of people evacuated from Wuhan, China, the epicenter of the epidemic. All 195 passengers were quarantined on the March Air Reserve Base in Riverside County and released earlier this month. The state also took evacuees in at the Travis Air Force Base in Solano County, roughly 40 miles southwest of Sacramento, and the Marine Corps Air Station Miramar near San Diego. “We coordinated those first flights, that first flight in particular, in January, late January down into Riverside at March,” Newsom said. “Over 800 people have come in on those flights, but that’s a small part of the overall picture. Thousands and thousands of other people have come in on more traditional flights through the state of California.” A mistake in the lab earlier this month led U.S. health officials to release from the hospital an infected coronavirus patient who was part of the group quarantined at Marine Corps Air Station Miramar in San Diego. CDC officials later told UC San Diego Health that further testing revealed that the patient in fact tested positive for the virus. That patient was returned from quarantine at the Marine Corps base to the UC San Diego Health facility “for observation and isolation until cleared by the CDC for release.” One other evacuee who was in quarantine at the Miramar base also tested positive for the virus, UC San Diego Health’s Dr. Randy Taplitz said on Feb. 13.








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Global Currency Reset 2020 !!


Global Currency Reset 2020 !!






In 2008, the “freezing of the repo markets was one of the most damaging aspects” of the financial crisis, according to a report by the Bank of International Settlements (BIS). This detail sets the stage for an eerie revelation contained in the same report: that four major banks sit at the root of the recent repo crisis that started back in September. First, a quick refresh on what “repo transactions” are, directly from the BIS report itself: A repo transaction is a short-term (usually overnight) collateralized loan, in which the borrower (of cash) sells a security (typically government bonds as collateral) to the lender, with a commitment to buy it back later at the same price plus interest. […] Repo markets redistribute liquidity between financial institutions […] they help other financial markets to function smoothly. Until now, the Fed “line” has been that the repo crisis started because of “corporations draining liquidity from the system to pay their quarterly tax payments alongside a large auction of U.S. Treasury securities settling and adding to the cash drain.” Of course, we already know that the Fed has flooded the repo market with hundreds of billions of dollars since September, and plans to keep doing so into 2020. So blaming the situation on “corporations paying their quarterly taxes” doesn’t seem to add up. The BIS report completely exposes the fallacy of this “line”, essentially squashing any of the Fed’s credibility on the topic, saying, “US repo markets currently rely heavily on four banks as marginal lenders.” As seen below, the four banks (Citigroup, JPMorgan Chase, Bank of America, and Wells Fargo) have taken on critical roles in the lending market – perhaps too much so.













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Did The Pope Catch The Coronavirus ?





Did The Pope Catch The Coronavirus ? Pope Francis skipped a planned Mass on Thursday due to illness. The Vatican did not elaborate, saying only that he had a “slight indisposition”. The pontiff was seen coughing and blowing his nose during the Ash Wednesday Mass. This comes as cases of coronavirus surge in Northern Italy, with over 400 people testing positive for the virus.













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Peter Schiff: The Real Safe-Haven Money Is Going Into Gold -- Economic Collapse 2020


Peter Schiff: The Real Safe-Haven Money Is Going Into Gold -- Economic Collapse 2020





Stock markets tanked on Monday. The Dow Jones was down over 1031 points. It was the biggest drop in two years for the Dow. The Nasdaq shed 355 points. The S&P500 was down 111. As stocks dropped, the bond market was red-hot. Prices soared and yields dipped to record lows. Bonds are considered a safe-haven, but in his latest podcast, Peter said US Treasuries aren’t a safe-space. When it’s all said and done, the only safe-haven left standing will be gold. Coronavirus fear was the immediate catalyst for the sell-off as the virus spread outside China, but Peter noted that US stock markets were already vulnerable before the virus outbreak.













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Stock Market BloodBath Today - Dow Jones lost 1200 Points - Trump Calls for an Emergency Conference


Stock Market BloodBath Today - Dow Jones lost 1200 Points - Trump Calls for an Emergency Conference






Bloodbath in the markets today, and This is just the beginning. The Toronto stock exchange closed today. They blamed it on a technical glitch, but it was probably done intentionally to stop the bleeding. Over 3 trillion dollars were wiped out from the stock market in the last few days. The stock market has been plummeting in recent days — on Thursday, the Dow Jones Industrial Average lost nearly 1,200 points. This is the fastest collapse in stocks from record highs into correction since The Great Depression. History repeating itself. 1919 and 1929, all wrapped up into 2020. Kept telling you to get prepared and starting to panic now. White House To Hold Emergency Press Conference On Market Plunge. The S&P is at levels not seen since, wait for it, October 18, 2019. This emergency press conference just shows you how far we have gone down the shitter. The stock market has to go up no matter what, what a joke!. What happened to candidate Trump? Is he going to call upon the Fed to take emergency action? Or maybe he'll abolish the FED, outlaw usury, return to the gold standard and reinstate Glass-Steagall. Candidate Trump had it right in 2016 when he called it : "A big fat overblown bubble that'll end bigly badly." There once was a time when the markets were a reflection of the actual economy and not overt manipulation. Functioning markets go both up and down. If the market wasn't in such a massive bubble state, there wouldn't be such a bloodbath. A 50% correction is what it will take to make the markets authentic again. Donnie made the mistake of hanging his hat on this overvalued bubble of a stock market . Now he is going to be wearing it. That’s his only concern. Our National Nightmare Is Just Beginning. Welcome back to The Atlantis Report. Please take some time to subscribe to my two back up channels. I do upload videos there, too, on a daily basis. You'll find the links in the description box. Thank You. Dow falls 1,191 points, the most in history. The Dow has collapsed from a record high into correction in the space of just six days. As we detailed earlier, this is the fastest collapse from an all-time peak since 1928, just ahead of The Great Depression. Trump will try to calm things down. But the virus is going against him. The stock market Ponzi is not the whole economy. We need a healthy, smart society, and we can rebuild a bubbly market. Dead people tend to be a bigger problem than minus 2,000. Everyone on my channel knows we were ten years past a decent correction anyway. Don't panic about that. Welcome it. It's ok. Dow 2,000 is a problem. Dow 20,000 is not a problem. This is a recognition that we have gone too far in terms of liquidity risk and credit risk, and that economic fundamentals have deteriorated. Just last week, the S&P 500 stock index was hitting record highs. Now it's in freefall. The Markets are still selling off after hours. Dow just took out the 50.00% Fibi of December 18 lows. Across the board, companies have faced significant losses today, but tech companies have been hit particularly hard. Investors are attributing the losses to high bond yields. The higher rates on bonds could result in slow-downs in the technology industry and other sectors. Market participants have shifted investment from risky equities to safe-haven assets like gold and government bonds. All three major stock indexes plunging. Investors are buying the dip, but each time they do, the dow dips even further. Investors did the same thing in October of 1929. It is unclear how a rate cut from near zero to near-zero is going to boost stocks and the economy. Or it will be from near zero to far negative with a bonus bail-in. Negative rates by Halloween. No tricks. FED will nuke the market with liquidity all the way to their last dying bad breath. QE 5 is coming TO BUY LAST ELEVEN MONTHS. Your Social Security and 401k gone. And a virus is coming to get you. The Canadian TSX experienced a convenient system glitch at the end of the day. I remember 2008 glitches. Those coincidences always happen at the worst time. A lot of notional wealth, wealth based on assumptions and hopes, and other illusions are now evaporating like the dream you had as you awaken in the morning. The wealth people thought they had will be understood to be less real than their nighttime dreams. Negative rate bonds, high yield, and leveraged loan Use the main potential victims. The role of passive funds can amplify any disruptive effects. It may not take on the appearance of the proverbial "black swan," but the coronavirus epidemic can truly represent that grain of sand capable of blocking the gears of the engine of the markets, which until a few days ago was in apparently excellent health and was traveling at speeds never reached. According to the most pessimistic among economists and managers, the spread of the virus that started from China is, in fact, likely to be the pinpoint that causes the various bubbles to burst involuntarily created by the easy money that central banks have spilled all over the world for a decade now. A world turned upside down. The liquidity pumped at a high rate on the lists (15 thousand billion in the last ten years) is, however, a double-edged sword: wanting to continue on the metaphor's thread is like a tide. "It grows when the mood of investors is sky high, but it is ready to retreat very quickly when fear returns to dominate it" warns Tad Rivelle, head of fixed income investments of Tcw, an independent Californian company that manages assets for $ 217 billion. And the coronavirus is obviously titled in all respects to instill fear among investors, to the point of being able to trigger a liquidity crisis that basically remains an aspect rooted in the DNA of the markets itself. In this case, attention instinctively goes to the reverse world of bonds, the one in which securities for thousands of billions travel at negative rates: the paradox of the 21st century according to which you pay to lend money to an issuer. If we narrow the field to government bonds only (and exclude BTP), the reaction to the escalation of tension on the markets has actually turned into a hunt for the Bund (whose ten-year yield has returned to -0.50%), Treasuries (historic lows of 1.33%) and other government agencies perceived as a safe haven in the storm. And also, the overall value of the negative rate bonds recorded by the Bloomberg Barclays indices returned to rise over 14 trillion dollars and aim towards the records of last summer. THE RAW OF THE DOLLAR CREDIT. Growth in dollar-denominated global credit markets since the financial crisis. The world of debt, however, is much more multifaceted and problematic, worth a total of 253 thousand billion dollars (322% of world GDP), and the biggest problems are found elsewhere. For example, among the high yield securities whose number has proliferated enormously precisely because of the ease of obtaining capital on the market, even by companies that are not always meritorious. But not only that, if only in the United States we add the dimensions of the aforementioned high yield bonds, to those of leveraged loans (the leveraged loans granted to companies and traded on the market almost as bonds) and to the private debt (which not even are exchanged) exceeding 3 thousand billion, almost double the number of 2008. The problem, in this case, is that these markets do not shine for transparency. There are few (and decreasing) companies listed and therefore required to disseminate financial data on a regular and exhaustive basis. Opacity is certainly not an obstacle in the bullish cycles when buying everything without discrimination, but it can become so if risk aversion dominates: "In these phases - Rivelle explains . Investors ask questions again, a gap is created information between those who sell and those who buy and this generates illiquidity because the difference between the desired price and the one offered is too large and the transactions do not close.» An additional complication in a similar scenario is represented by the proliferation of passive funds (ETF and not only), which automatically replicate the composition of an index. Indeed, their role is proactive when markets go up, but it becomes very dangerous when sales become indiscriminate and accentuate potential liquidity risks. The market has been artificially propped up for a long time, and now they've got an excuse to blame the crash on. It was rigged to be demolished. Truth is they've been fleecing the American public with their usury scheme for over a century with the fake fiat they've been printing for decades, but the entire thing is a scam because their paper notes were backed by nothing. If your neighbor loaned you some worthless paper with interest (using your property as collateral) on the pretense that it represented a store of value and you found out that he scammed you the whole time, would you hand over your property to him? Further, what if you found out that he had been raiding your storehouse, i.e. treasury, for decades? corona was implemented as a smokescreen by the banksters to not be blamed for this mess. First tried war with Iran, but somehow Trump did not want to make it... The economic fundamentals have were eliminated. The Government got involved, and all fundamentals went bye-bye. At least 20 years ago. Time to invest in things that matter. Like community, farming, gunsmithing, welding, building, steel working... Its time to get to work. These markets are just downright insanity. Stock Brokers are jumping out of their one story building offices. This market is NUTZ. Just a head's up. While the Venezuelan economy was melting down, their stock market was the best performing market in the world for like six straight years. Like Greenspan said, "We will be sure there is enough money. We can't guarantee it will be worth anything, but there will be plenty of it." I really always thought they would pull the markets and then do bioweapons and quarantines. They did both at once, bungling their narratives huge too. I always thought they would drop something worse too, maybe something hemorrhagic. I guess they still have some time. The day of the rope is coming. They are completely mad. This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my two back up channels, I do upload videos there too on a daily basis. You'll find the links in the description box. Thank You.













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Tesla Stock Price Plummets as The Tesla Bubble Bursts -- Economic Collapse 2020


Tesla Stock Price Plummets as The Tesla Bubble Bursts -- Economic Collapse 2020





Stocks take the stairs up, and the elevator down... usually. In Tesla's case, they took the elevator both up and then back down again. While Tesla longs may have won the last month or two as the stock ripped from $300 to almost $1000 on a massive short squeeze - they are now starting to learn the very important (and very overdue) adage that when the tide goes out, you see who is swimming naked. Yes, every millennial and annoying family member crowing over the last 2 months at family gatherings and social events about what investing geniuses they are for buying Tesla is now rushing to slam the sell button and get ahead of what is likely to be continued, non-stop selling, as the coronavirus pandemic continues to grind the global economy to a halt and strike the investing public with fear of the many unknowns that still remain. Tesla is down about 12% today so far and about 30% off its 52 week highs. And Elon Musk, who had the chance to shore up his company's balance sheet and pay off all his debt at a ridiculous valuation just weeks ago, may now be facing the reality that the train has left the station. Meanwhile, according to Robintrack which keeps track of bagholders retail investors - people haven't even started to lighten up on the name yet. which means we may only be seeing the very beginning. We always knew that people who had entered the financial world over the last 10 years would eventually have to learn that markets simply don't always go up, with no questions asked. Now, it's becoming clear that Tesla may wind up teaching that brutal lesson to many who desperately need it. Even if Tesla loses another $300, it would still be trading at a price over $400 and continue to be hilariously overvalued. That is how insane the spike was. $400 still values the company over $60 billion and it would need to produce and sell over 9 million cars in 2020 to match that value. With a realistic installed production base of just over 400k cars a year, that doesn't seem to be possible any time soon. The really hilarious thing is that Tesla has lost more in the past week than their entire marketcap was six months ago. SURE NO BUBBLE THERE!!!!








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Markets in Free Fall Worldwide as Country after Country becomes Economically Crippled !!

Markets in Free Fall Worldwide as Country after Country becomes Economically Crippled !!




The Fear of the epidemic causes Dow Jones and Nasdaq to plummet. American Airlines swoops - Strong sales on Microsoft and Apple that drag the market down - Oil is falling. The Financial Markets globally are in free fall as the world wakes up to the fact that we are in the middle of a coronavirus pandemic. This is a worldwide epidemic . Even here in the United States, we have this one case that everyone's focusing on, but what we failed to miss is the fact that the CDC; because of a problem in getting their test reagents out to the local labs, we've hardly tested anyone. And so here the absence of evidence is not evidence of absence. I think we have a much more robust transmission going on in this country right now that we just haven't picked up. And this is happening in countries around the world. Now 50 countries confirmed, and I suspect it's in many many more than that that will be confirmed in the days ahead. The Coronavirus continues to spread globally. More than 80,000 cases have been confirmed worldwide, including just under 1,000 in South Korea, more than 280 in Italy, and 53 in the United States. President Donald Trump may claim that the U.S. has the coronavirus under control, but health experts and stock market strategists are less confident in the administration’s assessment. Japan has called for all public schools to be closed from next Monday to the end of spring break in April. This, as infections outside China, now outnumber those inside China. Saudi Arabia stopped the pilgrimage to the Islamic holy sites. Numerous international flights have been cut back or canceled. Altogether, 50 countries or territories have confirmed cases of the virus. South Korea has again seen its biggest one-day jump in infections, and Saudi Arabia has stopped travel to religious pilgrimage sites due to fears over the virus. In Europe, Italy's outbreak has worsened, while Romania, Denmark, and Estonia are the latest countries to confirm cases. And Australia is taking emergency measures to stop the disease spreading. Numerous international flights have been cut back or canceled. Countries around the world are fighting to ward off a pandemic. And the FED is speechless in the face of trillions in lost global GDP output; as country after country becomes economically crippled. Welcome back to The Atlantis Report. Please take some time to subscribe to my two back up channels. I do upload videos there too, on a daily basis. You'll find the links in the description box. Thank You. CNBC reported that the Coronavirus already wiped out $1.7 trillion in US stock market value in two days. Dow Plunges To Worst Level Since December. The Dow Jones Industrial Average is now at its lowest level since early December. The S&P 500 lost an estimated $1.737 trillion in value in two days. Bounced hard off of something 150 pts in seconds. The bounces are inevitable; traders are going on hunting trips hoping to catch bears out. Stocks cratered again as investors fled riskier assets amid intense fears about a slowdown in global growth caused by the deadly coronavirus. The global selloff is confirming what former Morgan Stanley Asia chairman Stephen Roach warned last month about a massive imminent shock that would hit the global economy. The Nasdaq Composite fell 2.8% and joined the S&P 500 and Dow Jones Industrial Average in turning negative for the year. Donald Trump’s confusing comments about coronavirus may have contributed to Tuesday’s stock market sell-off. And Trump himself may have helped catalyze Tuesday’s volatility when he appeared to suggest that U.S. scientists were on the verge of developing a coronavirus vaccine. The White House later clarified that the president was referring to a vaccine for Ebola. If Coronavirus becomes a pandemic, it could cost the global economy over a trillion dollars in terms of product losses. The heavy estimate comes from the Oxford Economics institute, which warns against the risk that the spread of the virus in 2020 will burn 1.3% of world growth, the equivalent of 1,100 billion. Moreover, for the economists of the research center, the virus has already shown the first "frightening effects" with the blockage of the supply chain due to the closure of factories in China. Oxford Economics, in recent days, has measured the impact of the Chinese virus in particular on the Italian economy. "A drop in GDP is likely in 2020". If measures to contain the epidemic remain in force for a week, business interruptions will weigh around 0.1% of GDP in the first quarter, economists say, pointing out that this is a conservative estimate. Indeed, other factors, such as trust and supply chain dynamics, are likely to amplify the shock. The four provinces affected (Milan, Lodi, Cremona, and Pavia) are worth about 12% of Italian GDP (10% of Italian manufacturing production). The Financial markets are plunging as investors continued to worry about the spread of the coronavirus. The Dow shed almost 900 points, falling more than 3% to close at 27,081. The S&P 500 also closed more than 3% lower, while the Nasdaq sank 2.8%, The declines followed drops overseas. In the UK, the FTSE 100 fell almost 2% to a 12-month low of 7,018, while Japan's Nikkei 225 index fell 3.3%. This is THE Black Swan event of the 21st century. The economy was collapsing long before this virus. The virus is merely a front to explain the lie to gullible folk. The baltic dry index had already crashed 50% from September 2019 (when Fed started Repo market operations to buy enough time to sell an excuse in the name of a bioweapon to the people) to December 2019. And when magically two days ago they updated the corrupted database on coronavirus, the story was strong enough to sell the markets. Classic front used to fool the gullible people like the one in 2001 to explain the 80% stock market crash. Three months September to December 2019, which caused the repo market rates to spike to 10%, global manufacturing PMIs were already in recession territory and completely collapsed September to December, Fed had to do $500 Billion of QE in a mere three months September to December (even faster than the depths of 2008 recession). Yesterday was a hiccup of volatility in a market with a long history of upward movement that has little to do with creating business value. If the coronavirus does have a significant impact on the American stock market, it will produce a much more substantial decline. The prospects for that kind of impact remain uncertain. But there is no possibility of any near term disappearance of that potential. How well do we understand the flu? The new coronavirus could mutate more rapidly than anyone can understand its characteristics. The WHO has not yet called the virus a pandemic because there is still a chance that nations outside China will be able to contain the virus to isolated outbreaks. If that pattern proves out and the United States never experiences any major outbreaks, optimistic views of stock market potential could easily prove true. But, experience with the flu and the common cold demonstrate the limited ability to control virus spread. If the virus does get out of control even in one or two nations, other places are likely to repeat the experience of Wuhan. Many parts of the world will not do as well as China in managing it. In that kind of scenario, the best hope will be that summer causes the epidemic to subside. The worst-case scenarios would include the spread of the virus throughout the world, with many places repeating the Wuhan experience. The other big concern is the reaction among many Americans that the virus provides an opportunity to stomp on China while it is down. They habitually grossly overestimate the power of American economic aggression. They are also very likely to be grossly overestimating the damage the experience of the virus will inflict on China's economic progress. The combination of a bad American experience with the virus and the consequences of a misguided American economic war against China could easily turn the recent history of momentum-based stock market speculation into a period of American economic depression. The S&P has fallen to nearly the bottom of the long run channel (2016-present) from notably above the top of the long-range channel. In a week. Computers at work because people don't panic that fast. It's impossible. 2008 and there is a good example of when people still had influence. Now it takes machines to spark the flames. People are just adding momentum. This dump will be the inventory, bought cheap and repeatedly flipped, the algos use for the next run-up. There will probably be a good short squeeze next week. A market that falls forever will never attract new money. Greed needs to be motivated by a feeling of good fortune ahead. Remember, the financial markets exist for two reasons. The first is for a start up / expansion capital. The secondary markets exist for liquidity, also known as buying paper low to sell it to someone who thinks it's worth more than you paid for it. The financial markets also exist to provide commissions and fees. The algos are waiting for an entry point. It could be next week, or this could be like 2016 and 2019, when the dip was double-sized before it raged back. Or it could be the end of the world. Right now, I'm an optimist and believe it's only a market reset and another relentless play to scare the Fed into QE/ZIRP/MMT/more. All they can do is print more cash for buybacks. You can't print organic growth. To go back to the divergence point of the new modern era and start a new growth trajectory, you are looking at somewhere around 1993. Dropping the Dow down to 3200 points, effectively erasing the entire Dotcom boom and the entirety of the 21st century so far. Any chart you pull up shows the absolute lunacy of the past decade. Making the Clinton and Bush bubbles look like nothing. What has gone on since 2016 is insanity that hasn't been seen since the South Seas bubble. The DOW could lose more than its entire value at the peak of 2007 AND STILL, BE VALUED HIGHER THAN THE TOP OF WHAT WAS SUPPOSEDLY THE GREATEST BUBBLE OF ALL TIME!!!! A 13k point selloff would be seen as world ending, but still, leave us with the Dow above 13k. Any bull should be able to see how insane that is. Is our economy really double the 2007 peak. Maybe the Dow dropping 2000 points means nothing to you, but I'd say it's pretty solid evidence that there is potential for disaster here. Don’t buy at overvalued valuations. In short, stay cash and be ready to deploy when markets stabilize. Warning to the public, sell all your stocks now when you still have time. It is smart to take profits now for a decade of rising stock. Do what the insiders are doing. The rich will always get richer. The gullible will lose everything. This is a global pandemic that is out of control. This is just the start. I have sold my stocks and will not buy back for a two-quarters minimum. This thing with the coronavirus is huge, and it just started. The worse is yet to come.Cases starting to rise in South Korea, Iran, and Italy, the COVID-19 incubation period was 14 days then 24 and some say it is even longer than that because some people don't show any symptoms at all. A Phone call to Wuhan's funeral home determined that they are handling the cremation 115 to 135 bodies per day. 61% of the bodies are coming from homes, not hospitals. There are seven facilities like this in Wuhan. Do the math. This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my two back up channels, I do upload videos there too on a daily basis. You'll find the links in the description box. Thank You.










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Wednesday, February 26, 2020

Gerald Celente : Trends Journal: Will Coronavirus Kill the Markets?




Gerald Celente is Founder of the Trends Journal, a weekly, multi-media resource providing analysis & trend forecasts no other news outlet delivers. What’s going on? What does it mean? What’s next? Knowledge is power. Subscribe to the Trends Journal for Truth, Trends, and so much more.















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Economic Armageddon Started on 17 September 2019



One of out most important episodes to-date. Cracks in the financial system are being covered over by the Federal Reserve, but last year the countdown to disaster commenced.
















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Housing Market Collapse 2020


Housing Market Collapse 2020



















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Coronavirus is now Spreading faster than Wild Fire - Prepare -- Economic Collapse 2020 .







Coronavirus is now Spreading faster than Wild Fire - Prepare -- Economic Collapse 2020 .



Is a widespread coronavirus outbreak inside the United States inevitable? After weeks of generally optimistic statements, officials are now warning us to prepare for the worst. Over the past several days we have seen the number of confirmed cases outside of China escalate dramatically, and this has really rattled global financial markets. After being down more than 1,000 points on Monday, the Dow Jones Industrial Average fell another 879 points on Tuesday. U.S. stocks have lost more than 1.7 trillion dollars in value in just two days. Much more importantly, a wave of tremendous panic is starting to sweep across America, and it looks like this crisis is just getting started. Usually officials at the CDC choose their words very carefully so that they do not needlessly alarm the public. With that in mind, I would like for you to consider three statements that the CDC’s Dr. Nancy Messonnier made about a potential outbreak inside the United States during a press conference on Tuesday…


























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Paul Craig Roberts : Bad Decisions have spread Coronavirus









Paul Craig Roberts : Bad Decisions have spread Coronavirus






Bad Decisions Have Spread Coronavirus Paul Craig Roberts The coronavirus was spread throughout China by travel associated with the Chinese new year. Now the virus is being spread throughout the US by travel associated with spring break. The coronavirus escaped from China, because governments and airlines waited too long before they stopped flights in and out of China. The US government and airlines are waiting too long to stop domestic flights in the US. Government carelessness is also a contributor to the spread of the virus. President Trump agreed that the US passengers who had been quarantined for weeks aboard the Diamond Princess cruise ship in Japan who were free of the virus would be flown to the US on two chartered planes, but the 14 Americans who tested positive for the virus would remain in quarantine. However, State Department officials and a top US health official instead flew back the infected Americans on a plane with uninfected passengers. It is entirely possible that the health passengers were infected and now are spreading the virus.















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Tuesday, February 25, 2020

Coronavirus Pandemic -- The Mainstream Media is Lying


Coronavirus Pandemic -- The Mainstream Media is Lying


The Mainstream Media Hasn’t Been Telling Us The Truth About This Coronavirus Outbreak




Ever since this coronavirus outbreak first began, the mainstream media has been feeding us fake news over and over again. Initially, we were repeatedly told that there was very little to be concerned about because it was very unlikely that human to human transmission was happening. But now we know that this virus spreads very, very easily between people. Another thing that we were repeatedly told by the mainstream media was that a victim had to start showing symptoms before they could spread the disease. Unfortunately, now we know that is completely and totally false. As you will see below, Chinese officials have confirmed that even those showing no symptoms at all can spread the disease. But perhaps the biggest fraud of all has been the “official numbers” that the Chinese government has been putting out. According to the latest count, there are now 2,051 confirmed cases and the death toll has risen to 56, but at this point it has become clear that those numbers are completely divorced from reality. Over the past several days, thousands upon thousands of very sick people have been absolutely overwhelming the hospitals in Wuhan, China. In some cases people have literally had to wait in line for two days to see a doctor, and in other cases people have not been able to see a doctor at all. In fact, one 36-year-old woman has taken her very sick husband to multiple hospitals and they still haven’t been able to see a doctor. The following comes from the South China Morning Post…













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๐Ÿ‘‰ Jim Rickards : 1984 Has Come to China -- Economic Collapse 2020 4K


๐Ÿ‘‰ Jim Rickards : 1984 Has Come to China -- Economic Collapse 2020 4K






Jim Rickards : 1984 Has Come to China -- Economic Collapse 2020 4K You’re probably familiar with George Orwell’s classic dystopian novel Nineteen Eighty-Four. It was written in 1948; the title comes from reversing the last two digits in 1948. The novel describes a world of three global empires, Oceania, Eurasia and Eastasia, in a constant state of war. Orwell created an original vocabulary for his book, much of which is in common, if sardonic, usage today. Terms such as Thought Police, Big Brother, doublethink, Newspeak and memory hole all come from Nineteen Eight-Four. Orwell intended it as a warning about how certain countries might evolve in the aftermath of World War II and the beginning of the Cold War. He was certainly concerned about Stalinism, but his warnings applied to Western democracies also. When the calendar year 1984 came and went, many breathed a sigh of relief that Orwell’s prophesy had not come true. But that sigh of relief was premature. Orwell’s nightmare society is here today in the form of Communist China…












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The Financial Markets just Slammed into a Massive Iceberg called the Coronavirus










We just witnessed the third largest single day point drop in U.S. stock market history, and experts are warning that things will only get worse if this coronavirus pandemic continues to escalate. On Monday, the Dow Jones Industrial Average was down a whopping 1,031 points, and it looks like there could be more volatility on Tuesday. In fact, the Nikkei is already down 787 points as I write this article. Of course this sudden decline is being mostly driven by fear of the coronavirus. The rapid spread of the virus in South Korea, Italy and Iran over the weekend really rattled investors, and there was a rush to sell stocks when the markets opened on Monday morning. And the worse this pandemic becomes, the lower stock prices are going to go. You see, the truth is that stock prices are primarily based on what investors believe the future is going to look like. For a long time, investors have assumed that the future would be exceedingly bright, and stock prices have steadily trended upwards. But a coronavirus pandemic changes everything. If worldwide economic activity comes to a standstill like we are already seeing happen in China, it is inevitable that there will be a very serious global economic downturn. And this outbreak comes at a time when stock prices have been more overvalued than they have ever been before in American history. Most stocks have been priced “beyond perfection”, and so it was just a matter of time before those prices started to fall. As I have explained many times before, stock prices tend to fall much faster than they rise, and the rapid decline on Monday was quite breathtaking… The Dow Jones Industrial Average closed 1,031.61 points lower, or 3.56%, at 27,960.80. The S&P 500 slid 3.35% to 3,225.89 while the Nasdaq Composite closed 3.71% lower at 9,221.28. It was the Dow’s biggest point and percentage-point drop since February 2018. The Dow also gave up its gain for 2020 and is now down 2% for the year. The S&P 500 also had its worst day in two years and wiped out its year-to-date gain as well. Tech stocks got hit particularly hard. If you can believe it, the stocks of the big tech companies “lost more than $250 billion in value” on Monday… Apple, Facebook, Amazon, Microsoft and Google-parent Alphabet collectively lost more than $250 billion in value as part of a broader market plunge. The tech companies make up nearly one-fifth of the value of the S&P 500, which itself is down more than 3.6%. Apple has the largest exposure to China, as it relies heavily on Chinese manufacturing plants for its top products and on Chinese consumers to buy iPhones.















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Stock Markets Crashing - Italy And South Korea Shutting Down , Gold Surging !!


Stock Markets Crashing - Italy And South Korea Shutting Down , Gold Surging !!








Stock Markets Crashing World Wide. In the US we saw the third-largest single-day point drop in the stock market history. Italy is being Isolated in Europe. Venice Carnival canceled. The Giorgio Armani Fashion Show canceled. Tourism Industry Collapsing. The Economy engine of Italy, which is the northern part of the country, is being shut down. The North counts for 40 percent of the Italian exports and 50 percent of the GDP. The Italian economy is melting down. The Italian government is racing to contain the biggest outbreak of the virus in Europe, imposing restrictions on about a hundred thousand people and shutting down public gatherings in two regions of northern Italy. With two new cases reported today from southern and central Italy. Italy's northern regions of Lombardy and Veneto have closed schools, universities, museums, and cinemas for at least a week. Police are manning checkpoints around 11 towns which have been quarantined for 15 days, and residents are stockpiling food. Public places like theaters and movie theaters, pubs, and clubs need to close at six o'clock in the evening and open up at six o'clock the following morning. Supermarket shelves are becoming empty. Italian officials confirm seven deaths. And there is still no news about who could be the patient ZERO. In northern Italy, the number of coronavirus cases continues to surge. Even though at least ten hotspot towns are effectively under lockdown. Police check vehicles trying to enter one of the quarantine towns authorizes only trucks carrying essential goods, and medical supplies to go through. Everyone else is turned away in an effort to contain the spread of the coronavirus. Ironically, Italy being the only European country to ban entry from Chinese nationals and anyone who's been in China... is the one hit hardest by the virus. In the rest of Europe and in the world, fewer cases were recorded just because no country is doing as many checks as Italy is doing. But this doesn't mean that the virus is not already next to you. It has been around the world for weeks. I just cannot believe that Italy is hit harder by the corona than countries like Canada ,The US, and Australia, where millions of Chinese live. How many coronavirus death are reported just as simple flu or pneumonia casualties? That's the danger with this virus, especially that people can spread the virus BEFORE they get ill themselves and show signs of being infected. Yes, the authorities might slow the spreading but ,stop it. NO WAY. That would require people to stop traveling, meeting, and shopping. The virus won't be stopped until they find a CURE, ORE ALL PEOPLE GROW RESISTANT. This is a worldwide pandemic, why is it taking them so long to admit it. I think the worse is still to come. Welcome back to The Atlantis Report. Please take some time to subscribe to my two back up channels. I do upload videos there, too, on a daily basis. You'll find the links in the description box. Thank You. Fears are growing that the coronavirus outbreak could become a pandemic as new cases are reported around the world. The virus, which emerged in China, has spread to at least 35 countries. The World Health Organization has said the world should do more to prepare for a possible coronavirus pandemic. The worst-hit countries are intensifying their efforts to contain the deadly coronavirus as the number of cases globally surpassed 80,000. In South Korea, infections have risen again, taking the total to 977. Americans have been warned against all but essential travel to the nation. Italy and Iran are both battling to contain outbreaks of the virus. In Japan, shares slumped on Tuesday, reacting to a global plunge on Monday sparked by fear of further outbreaks. Fears are growing that it won't be possible to stop the global spread of Coronavirus. Health experts have warned that the chances of containing it are diminishing as cases appear in more countries. Most infections are still in China, but significant clusters in South Korea, Iran, and Italy are causing concern. Italy has Europe's worst coronavirus outbreak, the third-highest in the world after China and South Korea. In Milan, the Duomo Cathedral that's withstood 500 years is now closed. Schools and universities are shut off, and in supermarkets, panic is spreading quicker than the virus, and it is too is hard to stem. IS CORONAVIRUS The BLACK SWAN for the Italian Economy. THE REAL RISKS FOR THE ITALIAN ECONOMY CAUSED BY THE PANIC OF THE EPIDEMIC ARE INCalculable. LOMBARDY ALONE IS WORTH 22% OF GDP AND CANNOT BE KEPT LOCKED FOR LONG. WITHOUT CONSIDERING THE MANUFACTURING, TOURISM, AND LUXURY, WHERE THE CHINESE SUPPORT IS FUNDAMENTAL. THE ECONOMISTS DAMAGE THE DISCOUNT THAT EVEN THE FIRST 2020 WILL BE NEGATIVE, WHICH MEANS TECHNICAL RECESSION AND A SCREENING OF -1% THROUGHOUT THE YEAR ... The technical recession took almost for granted after the -0.3% of the fourth quarter and 2020 going towards negative growth, with estimates between -0.5% and -1%. These are the first data provided by economists on the impact of coronavirus infections in Italy. If the situation does not resolve itself quickly, a 1% drop in GDP this year is "plausible." SO THE ECONOMY ALREADY PAYS THE PRICE OF UNCERTAINTY AND HEALTH PSYCHOSIS. To get some clarification on what could happen in Italy downstream of the epidemic from Covid-19, that is, on the real risks to the Economy triggered by an irrational panic, perhaps it would be useful to consult Richard Thaler, one of the masters of behavioral economics. But without getting to a Nobel prize perhaps (for now), just remember the theory of the "Black Swan," the unforeseen event that upsets everything, from production to the Stock Exchange. To understant what happens in the North of Italy that is pulling an already weak GDP. We must look at the behavior of people. Yesterday morning Milan was no longer Milan. Empty streets, obviously due to the closure of schools and universities. But also because people avoided meeting places, but not the supermarkets. Between Saturday and Sunday, crowds of citizens poured into the large markets, stormed, and continuously supplied. Resulting in empty shelves, especially those of canned food, as if you imagined having to stay at home for a long time (among other things, on the web, they run fake videos on false closings for a month). These images made the tour of Italy, not without effects, even in Rome: the shelves are empty. This is only the last mile of collective behavior that for a month has already concerned masks and hand sanitizer, down to supplements, all hunted first in pharmacies then on the net. A chain effect of overlap of events and an avalanche of comments, which chased each other with the decisions of the authorities, trigger a media-political circuit that at the beginning and for a while was a source of serious confusion. It was not clear who had to make the decisions and especially what decisions. But in the meantime, the psychological effect has started and slowly Milan has emptied and turned into a ghost town since yesterday afternoon.All closed or almost closed. Not just offices, schools, and universities. There are no students in the nightlife areas near Cadorna or near the Navigli. There are no cinemas, the meeting points of the usual aperitifs, the bars for after work, and above all a great absentee. The Scala Theater is locked for the whole week. The cancellation of fairs and events followed one another. The Milan prosecutor has closed the offices to the public while the activity of the Municipality of Milan continues, even if behind closed doors. At the few meeting points, people comment on the difficulty of going to work without schools and kindergartens were to leave children. And they will be the ones missing this week, that of the Ambrosian carnival, which would have colored the streets and entertained with parties in every square of Milan until next Sunday. No masquerades this year. In these hours, the controversy among the most prominent virologists has a bitter taste, especially between the well-known Roberto Burioni, pro-vax superstar, and Maria Rita Gismondo, laboratory manager of the Sacco di Milano, the heart of the Lombard emergency, the flagship of European virology. Two different visions on how to judge the effects of the phenomenon - and can only judge those who have the titles, it is always said - that have contributed in no small way to disorientate the citizens, who mostly do not detach themselves from smartphones indirect news on the source of the virus. The fourth quarter of 2019 had already closed with a negative sign, and as regards the first quarter of 2020, it is presumable to believe that it will be the same, thus bringing the country technically into recession, since it will have recorded two quarters with negative growth. The impact of the spread of the coronavirus in Italy, until now limited to the northern regions, will undoubtedly be very important on the economy of the country . The fact that the most important regions in the contribution to the gross domestic product have been affected will obviously have an even more negative effect on this scenario. What we currently do not know exactly is the size of this impact, although the very first estimates speak negative growth for the first quarter of between 0.5% and 1% annualized. In fact, today a large part of the country's production and commercial activities are stopped; with consequences that are certainly still very uncertain. For example, we think of the consequences on tourism, and therefore the picture will be clearer only in the coming weeks, when however we hope that the situation will have stabilized or will hopefully be improving, underlines the analyst. European and of the Italian stock markets collapse, cannot, therefore, be considered as a surprise, given the succession of negative news and the drastic measures taken by the Italian government in an attempt to stem the spread of the virus. The sentiment of investors in the very short term is destined to remain negative on the global price lists, and therefore not only on the domestic one, given the situation of enormous uncertainty. The contagions have also increased in other countries, not only in Italy, and we cannot obviously exclude that other European countries may also register a much higher number of infected people than the current one. Volatility is therefore destined to remain high and to be closely related to the news that will be communicated day by day. Just as we can expect volatility to remain high on the Italian stock market, the same can be said to happen for Italian government bonds. In a more medium-term perspective, however, we remember that the decidedly accommodative monetary policy of the ECB (European Central Bank) can represent an obstacle to the excessive widening of the spread, together with the fact that the search for yield in a world with negative rates especially in the euro area, it could be of advantage to the BTP when, hoping it will be very soon, the situation will have improved. The only positive note is from the gold side. The price surges today to 1,635 dollars an ounce. And prices are expected to go way higher in the foreseeable future. Do Not forget that I warned you that gold is the only safe haven in this kind of situation. This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my two back up channels, I do upload videos there too on a daily basis. You'll find the links in the description box. Thank You. .








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Poverty in America : Only 41 Percent Of Americans Have $1000 To Cover An Emergency







Economic Collapse: Only 41 Percent Of Americans Have $1000 To Cover An Emergency





We better hope that the U.S. economy holds together in 2020, because if there is any sort of major economic crisis much of the country is going to be broke almost immediately. Today, close to half of all Americans are living on the edge financially. For many, it is out of necessity, but for others it is a conscious choice. Way too many people out there see no need to build up a substantial financial cushion because they have a tremendous amount of faith in the system. They don’t think that things will ever get too bad in this country, and so there is no urgency to put funds away for a rainy day. But even if authorities could somehow prevent an economic downturn from ever happening again, individual emergencies are taking place all around us on a constant basis. Cars break down, people get sick, and accidents happen. Unfortunately, most Americans are completely unprepared for some sort of an emergency to strike. In fact, a brand new survey has discovered that just 41 percent of Americans could cover a $1,000 emergency expense using their current savings… Bankrate’s January Financial Security Index survey reveals that just four in 10 U.S. adults (41 percent) would cover the cost of a $1,000 car repair or emergency room visit using savings. The findings echo what previous Bankrate studies and others — including the Federal Reserve and the Pew Charitable Trusts — have found about Americans’ lack of rainy-day savings. So where would everyone else get the money for an emergency? Well, most of them would either borrow the money or get it from a relative. And usually an emergency costs a lot more than $1,000. Here is more from the Bankrate survey… Emergencies often aren’t cheap. Among survey respondents who said they or their family members dealt with an unexpected expense in the past 12 months, the median amount of the largest expense was $1,750. Three in 10 adults (29 percent) said they or their family members spent at least $5,000 in the past year to cover an unanticipated cost.






















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Monday, February 24, 2020

This Coronavirus Outbreak Just Took Some Bizarre New Turns








Many were hoping that this coronavirus outbreak would begin to subside, but instead we witnessed an explosion of newly confirmed cases over the weekend. In fact, the number of confirmed cases outside of China has doubled over the past five days. If that number continues to double very rapidly, authorities will be talking about a full-blown “global pandemic” in no time. When I watched a victim suddenly collapse and start to twitch on a subway in Hong Kong, I thought about the sort of panic that would set off if that happened in New York. When I saw a video of Chinese authorities using butterfly nets to capture sick people, it made me wonder what U.S. authorities might do to round up those that are ill. The level of fear that a full-blown pandemic would cause would transform our society overnight. Even now, Chinese restaurants in Canada are completely empty due to concerns about catching this virus. But once this virus is being spread in virtually every city in North America, many of us won’t want to go anywhere at all, and that would bring economic activity to a complete and utter standstill.











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Italy Totally Shut Down Because of The Corona Virus -- Economic Collapse 2020



Italy Totally Shut Down Because of The Corona Virus -- Economic Collapse 2020















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Benjamin Fulford : Bill Gates surrenders to the Chinese as secret war rages on


Benjamin Fulford : Bill Gates surrenders to the Chinese as secret war rages on








The secret battle for planet Earth is raging on with England, Russia, China and the Pentagon leading the charge against the Satanic Khazarian mafia. In the biggest development last week, Microsoft’s Bill Gates, fearing for his life, surrendered to the Chinese and is providing them with insider information about the Pharmacidical Mafia…Asian Secret Society and Pentagon sources say. The official Chinese Xinhua News Agency reports Gates offered $100 million to fight the “new coronavirus.” Chinese President Xi Jinping wrote to Gates: “I support your cooperation with relevant Chinese institutions, and look forward to enhanced coordination and concerted efforts in the international community for the sake of health and well-being of all.” http://www.xinhuanet.com/english/2020-02/22/c_138807761.htm The “relevant Chinese institutions” Gates is cooperating with most certainly include the Chinese secret services. Asian Secret Society sources told the Pentagon last week that they are aware the bioweapon attack on China was carried out by the same people who assassinated President John F. Kennedy and orchestrated 9.11. The Asians and the Pentagon are thus cooperating and sharing pinpoint information to ensure all guilty parties “are led to justice.” Now we need to look at the role of U.S. President Donald Trump and his regime in this whole business. A key hint is the escalation of the panic surrounding the “coronavirus,” otherwise known as the common cold virus. It’s spread intensified in earnest after the U.S. corporate government formally defaulted on February 16th. This pandemic is being staged to provide cover for the cut off of credit (and thus deficit-financed imports) that the U.S. is experiencing right now.









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See Why this doctor thinks Coronavirus is a Pandemic !!


See Why this doctor thinks Coronavirus is a Pandemic !!
#coronavirusoutbreak #Covid_19 See Why this doctor thinks Coronavirus is a Pandemic !! Dr. Leana Wen from George Washington University joins "Power Lunch" to discuss the coronavirus outbreak and its potential to become a pandemic.















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RED ALERT -- Coronavirus is Now a Worldwide Pandemic : 34 countries Infected Iran Italy and S. Korea on Lockdown


RED ALERT -- Coronavirus is Now a Worldwide Pandemic : 34 countries Infected Iran Italy and S. Korea on Lockdown

#coronavirusoutbreak #Covid_19 Coronavirus is Now a Worldwide Pandemic : 34 countries Infected Iran Italy and S. Korea on Lockdown As coronavirus spreads, WHO urges world to ‘prepare for potential pandemic’ The World Health Organization on Monday said the new coronavirus epidemic had "peaked" in China but warned that a surge in cases elsewhere was "deeply concerning" and that all countries should prepare for a possible pandemic.





















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