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Author Topic: Economic red flags from 2018 onward  (Read 3526 times)

R.R. Book

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Re: Economic red flags from 2018 onward
« Reply #15 on: September 27, 2019, 03:44:01 PM »
Rex Bear interviews economic analyst Bob Kudla about why the Fed just dumped hundreds of billions USD onto the market. 

Kudla makes a startling statement:  He suspects there may be a major bank in Asia or Europe that has placed a bad bet, and now needs to cover it.  He names names @ 11:55.

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We don't know what the heck they're pledging as collateral...

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If you see one of these (major) banks go bad, you'd better start pulling money out...it doesn't mean they'll all go under.  It means that banks may hold deposits.

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They can't do what they did in 2008 again.

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These people take their marching orders from Europe; they don't take them from Washington D.C.  The European banking families control our banks.

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We're at the end stage of this whole thing.

Anyone who owns a business, he warns, needs to set aside enough hard cash to meet payroll, in case this scenario plays out.


R.R. Book

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Re: Economic red flags from 2018 onward
« Reply #16 on: October 12, 2019, 06:08:23 AM »
Dahboo77 documents that gas prices in California are well over $5 per gallon now (we're paying half that price here at present):

https://www.youtube.com/watch?v=szhARH1lQW8


R.R. Book

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Re: Economic red flags from 2018 onward
« Reply #17 on: October 14, 2019, 12:49:10 PM »
SGT Report interviews Canadian economic analyst David Jenson, who warns of a possible global banking crash in progress.  Specifically, a bank in India has just shut down and cut off all deposits from being accessed by depositors.

https://www.youtube.com/watch?v=9i56kljZ7B4

Hong Kong bank customers may have nearly met a similar fate last week, as calls by protesters for a run on ATM's turned into a real run on the banks in that country:

https://www.zerohedge.com/geopolitical/5-hong-kong-atms-run-out-cash-central-bank-steps-prevent-panic-among-public

And the South Korean stock market is on the verge of collapse:
https://www.zerohedge.com/crypto/crypto-nightmare-97-south-korean-exchanges-are-risk-going-bankrupt

Though few if any of us know the extent to which the U.S. banking system may be intertwined with banks outside the Western world, we may be about to find out...

Got cash?

« Last Edit: October 14, 2019, 01:39:35 PM by R.R. Book »


R.R. Book

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Re: Economic red flags from 2018 onward
« Reply #19 on: December 20, 2019, 02:09:44 PM »
This Swiss financial advisor is calling the top of the global stock market to occur anywhere between now and mid-January.  Not only should people get out of it now, but potential newcomers to the stock marketplace should also stay out, as the bottom will begin to fall out and then accelerate downward, he says, and no one knows where it will end:
« Last Edit: December 20, 2019, 02:35:45 PM by R.R. Book »

Yowbarb

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Re: Economic red flags from 2018 onward
« Reply #20 on: December 20, 2019, 02:38:57 PM »
Dahboo77 documents that gas prices in California are well over $5 per gallon now (we're paying half that price here at present):

https://www.youtube.com/watch?v=szhARH1lQW8


Note from Barb: According to this website, and an article dated Dec 19, 2019 gas prices will be lower through the winter. (Lets hope that proves to be true data.), https://gasprices.aaa.com/news/

and average gas prices in CA are $3.60 now. I clicked on the entire map and did not find a single state with $5.00 gas. However ONE county did show prices approaching that, $4.66
See last image on bottom: MONO COUNTY $4.665

https://gasprices.aaa.com/state-gas-price-averages/  US interactivemap

California map =  https://gasprices.aaa.com/?state=CA 
« Last Edit: December 20, 2019, 02:55:20 PM by Yowbarb »

ilinda

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Re: Economic red flags from 2018 onward
« Reply #21 on: December 20, 2019, 05:03:09 PM »
https://www.cnn.com/2019/10/04/business/steel-industry-downgrade/index.html

The Entire American Steel Industry Just Got Downgraded

 

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