I’ve been expecting the global economy to crash and the USA economy to stagnate, beginning maybe the middle of last year to the end of this year. The systematic problems that caused the 2008/2009 crash were never properly fixed, and the bubbles are being blown up again.
Here is one bit of speculation that puts the decline start pretty soon: Mid-February 2018. If (big IF) BTC is actually a useful leading indicator, look for the amazingly-overvalued DJIA to plummet soon. If on the other hand BTC and all the other cryptos are just a flash in the pan that was going to fizzle anyway, maybe the ongoing bloodbath in cryptocurrency markets won’t mean anything at all:
So, we’ll see, I guess.
Bitcoin as a leading indicator? Michael Shedlock
Crypto bloodbath, Michael Shedlock
In related news (the relation being upward trends heading downward), depending heavily on whom you ask, we could start to see undeniable global cooling starting around the year 2020. This of course would be greeted with pats on the back from people who made lots of policies that changed nothing . . . but actually it would be related to a natural phenomenon known as the MDO of the GMT, which is predicted by some to begin cooling soon. We’ll see.
CO2 vs. GMT speculation from Girma Orssengo, PhD
Supporters Love it, Enemies are distracted and can’t stay on message.
Conventional Republicans are saying Trump should stop tweeting; Democrats and the press (but I repeat myself) are saying he should stop tweeting. He should not stop tweeting. He is teaching the Republicans how to win.
The lefties in the press constantly bag on him, and he bags on them right back. He uses the same tone and style as they use, and they call him a bully. Trumpian supporters love it. They see someone pushing back, getting right back at the press for doing to him what they do to every other Republican and the Republicans usually go cower and comply. People who are on the verge of taking the red pill notice the controversy and examine the outrage . . . and find that the President is just giving a dose of the leftists’ medicine back to them . . . and the people inch closer to realizing the truth.
Meanwhile, back at the ranch . . .
Kate’s law just passed. We just renegotiated our sugar deal with Mexico. Two huge measures that will affect the daily lives of USAmericans for the better . . . and there is no coverage. Every station you turn to, with rare exception, is talking about this tweeting business. There is no organized resistance to Donald Trump’s agenda. There is *residual* resistance. People who resist him out of habit, still resist him. People who would only resist him if they had a campaign to organize them, are failing to resist. The Trump agenda is going forward at half-speed (only obstructed by the Republicans who do not know how to act as if they are the controlling majority party) while his opponents are bedazzled and constantly on the back foot.
This is tactical *genius* and it is so unconventional that people who benefit from it fail to see it in-progress.
Whole Foods has been sold to Amazon. This means, contemporary announcements to the contrary notwithstanding, that John Mackey’s days at the helm of his grocery chain are limited. Jeff Bezos (owner of Amazon) is too much of a libtard to tolerate Mackey for long.
Remember you read it here first.
Once again, from Michael Shedlock: https://mishtalk.com/2017/02/24/fuse-is-lit/#more-44337
He was amusingly anti-Obama and now he is irritatingly anti-Trump . . . but he still calls the economics like he sees it. And right now he sees the Euro zone as a bomb with a lit fuse (but nobody knows how long is the fuse).
This is as much an online placeholder for me as for you. In the future, when people wonder “what do you mean, scientists adjust the temperature data to make it look warmer?” I can point them to this article right here. One of the two satellite-based temperature records wasn’t showing any warming, so the guys doing the recording have decided to make their very good data fit some iffy data, so it will agree with the politicians’ conclusions.
China’s stock markets are crashing. You can’t lose 7% a day for very many days before it’s a bad problem. This is symptomatic of a very bad problem over there. That they have spent half-a-trillion dollars supporting the Yuan against other currencies this last year, is also a bad sign.
I’ve been waiting for a late-2015/mid-2016 global recession or outright depression. This is as good a trigger as any. Chinese markets could rebound, sure. But there’s no underlying strength in their economy – even less than in the USA’s economy (which is a house of cards, by the way). There’s nothing really holding up the system besides faith in the system and bluster from the politicians. I’ve thought previous USA stock market dips were the beginning of the next downturn of the Great Recession and been wrong. We’ll see, I guess.
Language alert. Read this: https://www.reddit.com/r/tifu/duplicates/3qeqz6/tifu_by_having_one_leg/
Then realize you’re not laughing AT a cripple, you’re laughing WITH a cripple.
Here we are winding up 2015, and the long-awaited ugly double dip of the global depression (formerly known as the Great Recession) is still a’comin’, right on schedule. You know what happens when your economy goes in the shitter because you’re beset with structural problems you won’t acknowledge, and then it recovers a little, but you didn’t fix the problems?
You get round two, is what. You’re on the corner of round 2. This is what it looks like:
Underreported story 1
Underreported story 2
Underreported story 3
They’ll call up an autonomous transporter to pick them up at their Point A, drop them at Point B, and pay a small fare. Whether this is a governmental or private service depends on how stupid is your local government. Prices will be lower and services better where this is a private service.
The future has arrived. It is currently in testing phases.
Wouldn’t it just be a kick in the head if World War III started because the various EU member nations couldn’t get their collective act together when it comes to who has to take how many “Syrian Refugees.” They’re all trying as fast as they can to clamp their borders shut. We’ll see how it goes, I guess.
Germany loses cool points for housing “refugees” in NAZI CONCENTRATION CAMP barracks. USA loses as well for flying them over by their thousands on our dime with 0% of them being vetted AT ALL for connections to terrorist (read: radical fundamental Islamist) organizations.
As Yogurt said, “What a world!“