“Never hate your enemies. It clouds your judgment.”
- "Michael Corleone"
"Forgive your enemies, but never forget their names."
- John F. Kennedy
So, we rise from the rubble...
StatCounter
Friday, January 14, 2022
"Is Someone About To Light The Match Which Will Spark A War With Russia?"
"Is Someone About To Light The Match
Which Will Spark A War With Russia?"
by Michael Snyder
"What if the Russians aren’t bluffing? Western leaders seem to think that they can just keep provoking the Russians over and over again without any consequences. It was pretty obvious that western hands were behind the recent riots in Kazakhstan, and now the head of NATO has come out and publicly said that a decision has already been made to make Ukraine and Georgia members of NATO. He was referring to a decision that was made many years ago, but publicly reaffirming that decision in this exceedingly tense environment is extremely counterproductive if the goal is peace. The Russians have repeatedly warned that adding Ukraine to NATO is a red line that must never be crossed. And unlike many western leaders, Russian officials tend to be deadly serious about their “red lines”.
Unfortunately, it appears that time for making peace may be coming to an end. On Friday, Russian Foreign Minister Sergei Lavrov told the press that Russia has “run out of patience” with the games that western leaders are playing, and he wants some straight answers within a week… "Foreign Minister Sergei Lavrov says Moscow has “run out of patience” with the West and expects a written response to its demands for security guarantees within a week after diplomatic talks with NATO and the United States failed to make headway on the issue amid a buildup of Russian troops on the border with Ukraine."
So what is going to happen if western leaders refuse to give the Russians the answers that they are seeking? Will the Russians make a move? According to Lavrov, if western leaders are not serious about coming to an agreement the Russian government will consider all of their “options”… "Lavrov said Russia, too, wants the standoff over security in Europe to be resolved with mutual respect and a balance of interests, but has warned it will consider various options to respond if the West spurns Russia’s security proposals."
I don’t know why the corporate media in the western world is not paying more attention to all of this, because this is a really big story. Within the last 24 hours, government websites in Ukraine were hit with a massive cyberattack…"Ukraine was hit by a cyberattack that splashed a warning across government websites to “be afraid and expect the worst”, while Russia, which has massed 100,000 troops on its neighbor’s frontier, released pictures of more of its forces on the move."
Were the Russians behind that cyberattack? It is entirely possible. But of course it is also possible that it was the work of western intelligence agencies. At this point, it is not really clear who was responsible.
Also within the last 24 hours, the Pentagon accused the Russians of getting ready to launch a “false flag attack” in order to have a pretext for invading Ukraine… "Pentagon press secretary John Kirby said the Defense Department has credible information indicating Russia has “prepositioned a group of operatives” to execute “an operation designed to look like an attack on them or Russian-speaking people in Ukraine” in order to create a reason for a potential invasion.
The allegation echoed a statement released by Ukraine’s Ministry of Defense on Friday, which said that Russian special services are preparing provocations against Russian forces in an attempt to frame Ukraine. National security adviser Jake Sullivan hinted at the intelligence during a briefing with reporters on Thursday."
Without a doubt, the Russians are fully capable of pulling off false flag attacks. But history has shown that the U.S. frequently likes to use that page in the playbook as well. Of course we wouldn’t even be talking about a potential conflict with Russia if western leaders were willing to come to some sort of an agreement. Theoretically, it should be really easy. Russia would promise to never invade Ukraine if western leaders would promise to never add Ukraine to NATO and to never move western missiles into that nation.
To me, this is something that could be over and done with in an hour. But western leaders seem to want this confrontation with Russia. In fact, NATO Secretary General Jens Stoltenberg just publicly reaffirmed the fact that a decision to add Ukraine to NATO has already been made… "NATO Secretary General Jens Stoltenberg has stated that the alliance has already made the decision that Ukraine and Georgia will become members of the bloc. In an interview for the Italian news outlet La Repubblica, Stoltenberg said that the decision had been made in 2008 during a summit of NATO states.
The NATO chief noted, however, that nothing was said about when either of the states will be accepted into the alliance’s ranks. Neither Ukraine, nor Georgia has been accepted into the bloc so far and no timeline has been given for it to happen."
Why would he say something like that? Does he actually want to push the Russians over the edge? Now that the Russian media has learned of his comments, they are going to have a field day with this. Nobody that I know wants a war with Russia. But if the American people don’t wake up and start objecting to the foolishness that is going on, we might just get one.
At this point, the Biden administration is even publicly telling us what they plan to do if they are successful in provoking the Russians into an invasion of Ukraine. First of all, the Biden administration plans to hit them with some really tough “sanctions”… "Economic sanctions remain one of the most powerful tools the United States has in its foreign policy arsenal. And as Russian forces continue to amass along the border with Ukraine, officials in the U.S. hope the threat of those sanctions can deter a full-scale invasion.
“The thing about sanctions is they’re most effective if you don’t have to use them,” said Olga Oliker, program director, Europe and Central Asia at the International Crisis Group. “They’re most effective if you can credibly threaten something that the other guy doesn’t want enough that they don’t then do whatever it is you’re trying to keep them from doing.”
Secondly, the Biden administration is suggesting that they may fund an “insurgency” in Ukraine after the Russians have invaded… "Now, in what would be a major turnaround, senior Biden administration officials are warning that the United States could throw its weight behind a Ukrainian insurgency should President Vladimir V. Putin of Russia invade Ukraine.
How the United States, which just exited two decades of war in Afghanistan, might pivot to funding and supporting an insurgency from fighting one is still being worked out. But even a conversation about how far the United States would go to subvert Russian aims in the event of an invasion has revived the specter of a new Cold War and suddenly made real the prospect of the beginnings of a so-called great power conflict."
I can’t even begin to tell you how stupid this is. Whether it is chess or foreign policy, you never tell the other side what you are going to do if they make a certain move. If U.S. officials really believe that a Russian invasion is imminent, the best thing to do would be to leave them guessing about our response. Fear of the unknown can be a very powerful thing.
But if the Russians know precisely how the U.S. will respond, that actually makes a Russian invasion far more likely. As I discussed yesterday, Joe Biden is surrounded by the worst foreign policy team in U.S. history. And that is saying a lot. At this hour, tensions continue to rise, and Russia continues to conduct very alarming military exercises along the Ukrainian border… "The exercises took place at the Kuzminsky and Kadamovsky training grounds in the south-western Russian region of Rostov Oblast, on the border with Ukraine. According to The Russian Ministry of Defense, a total of over “2,500 servicemen of the Southern Military District took part in the combat training events, and around 100 T-72B3 tanks were involved.”
For years, I have been warning about the steady deterioration of U.S. relations with Russia, and now events appear to be building up to a grand crescendo. But a war doesn’t have to happen. It should be so easy to reach an agreement with Russia that will bring stability to the region. Unfortunately, the Biden administration can’t seem to do anything right, and pretty soon someone might end up crossing a line that will never be able to be uncrossed."
"Get Your Money Out Of The Banks, Danger Is Coming; Blackrock Will Own You; FED Is Too Late; Bailin"
Jeremiah Babe, PM 1/14/22:
"Get Your Money Out Of The Banks, Danger Is Coming;
Blackrock Will Own You; FED Is Too Late; Bailin"
"A Look to the Heavens"
“To some, the outline of the open cluster of stars M6 resembles a butterfly. M6, also known as NGC 6405, spans about 20 light-years and lies about 2,000 light years distant. M6 can best be seen in a dark sky with binoculars towards the constellation of Scorpius, coving about as much of the sky as the full moon.
Like other open clusters, M6 is composed predominantly of young blue stars, although the brightest star is nearly orange. M6 is estimated to be about 100 million years old. Determining the distance to clusters like M6 helps astronomers calibrate the distance scale of the universe.”
- http://apod.nasa.gov/apod/ap110906.html
Gregory Mannarino, "The Entire System Is FRAUDULENT! Lies, Deceptions, Distractions, And Propaganda"
Gregory Mannarino, PM 1/14/22:
"The Entire System Is FRAUDULENT!
Lies, Deceptions, Distractions, And Propaganda"
"Global Economy Heading For "Mother Of All" Supply Chain Shocks As China Locks Down Ports"
Full screen recommended.
"Global Economy Heading For "Mother Of All"
Supply Chain Shocks As China Locks Down Ports"
by Epic Economist
"Economic optimists have been betting on a stronger US growth for 2022 - something that may never actually materialize. Global events are suggesting that we're heading into an alarming growth slowdown. And the place where this growth slowdown is already emerging is China, our biggest trade partner. The country's strict health policies have locked down several ports over the past few weeks, as a new outbreak is spreading across the country right ahead of the Winter Olympics.
A recent report by Bloomberg disclosed that the effects of the new restrictions are already having a severe impact on the supply chain region of the nation. And as a result of the slow movement of goods, with some of China's busiest and most important ports completely shutdown, shippers are now diverting vessels to Shanghai, and that's causing the types of knock-on delays at the world’s biggest container port that provoked massive congestion and disruptions last summer.
Sailing schedules are already facing delays of over a week, and freight forwarders are warning that congested ports in the US and in several countries in Europe will suffer from even worse backlogs and traffic jams this year as conditions deteriorate in Chinese ports. For that reason, HSBC economists are alerting that the world economy is headed for the “mother of all” supply chain shocks, as the highly contagious new variant of the virus spreads across Asian countries, and most notably in China, resulting in severe disruption to manufacturing plants. "Temporary, one would hope, but hugely disruptive all the same," they wrote in a research note this week referring to the recent port shutdowns.
Over the past two weeks, scattered infections cases have already sparked shutdowns to clothing factories and interrupted gas deliveries in one of China’s biggest seaports in Ningbo. It also caused further disruptions at computer chip manufacturing plans in the locked-down city of Xi’an and led to another citywide lockdown in Henan province. Right now, according to Russell Group, a risk modeling consultancy, each week of the closure of China's Ningbo port is disrupting approximately $4 billion worth of trade. Amongst the hardest-hit industries are the $236 million integrated circuit board industry, which is essential to the production of all types of electronics, and the $125 million clothing industry, including companies like Nike and Adidas, the consultancy added.
Ningbo is one of the main ports for Chinese exports to be sent to the US, having exported more than $385 million worth of goods in the first eight days of January, the Russell Group estimated. It's also the third-largest container port in the entire world. One of the key catalysts to the new interruptions is the health-crisis-induced shortage of dockworkers at several U.S. terminals. Right now, the number of container ships waiting for berths in Southern California is once again nearing a record high.
Just yesterday, at least 150 ships were either in port waters or queueing in deep seas outside the coast of Mexico waiting for a slot to enter the ports of Los Angeles and Long Beach. Ship-positioning data from MarineTraffic confirms that the backlog is so large that some of these vessels are lining up to 150 miles to the west of the ports, all the way into the Baja peninsula. Today, there are more than three times as many container ships waiting for a berth at the Los Angeles and Long Beach ports as there were at the same time last year, and 11.6 times more than in June, and 31% more than in October. Of course, the traffic jam isn’t just affecting Los Angeles and Long Beach. As of midday today, MarineTraffic data showed heavy congestion in the ports of Oakland, San Francisco, Seattle, Tacoma, Houston, Charleston, Virginia, New York, and New Jersey, bringing the total backlog of container ships to over 200.
One industry executive with the firm FINAT warned that “what we experienced in 2021 was only the beginning of a prolonged trend of global supply chain disruptions that is about to explode in 2022”.“Currently there are shortages of almost everything: energy, chemicals, pulp, paper, plastic, inks, transport, laminates, chips, components, and people,” he added. There are major challenges emerging all across the board, and we’re only in January. Unfortunately, this means that if the shortages and price increases of 2021 were already painful, what we’re going to experience in 2022 is nothing short of horrifying."
"Hope is Not a Strategy - Prepare for the Economic Collapse"
Full screen recommended.
Dan, iAllegedly, PM 1/14//22
"Hope is Not a Strategy -
Prepare for the Economic Collapse"
"Everything is off right now. People just don’t get that I need to have a plan with everything in their life. This includes everything from your personal life to your business. The better the plan, the more likelihood you will have for success in everything."
The Poet: Stephen Levine, "Half Life"
"Half Life"
"We walk through half our life
as if it were a fever dream,
barely touching the ground,
our eyes half open,
our heart half closed.
Not half knowing who we are,
we watch the ghost of us drift
from room to room,
through friends and lovers
never quite as real as advertised.
Not saying half we mean
or meaning half we say,
we dream ourselves
from birth to birth
seeking some true self.
Until the fever breaks
and the heart can not abide
a moment longer
as the rest of us awakens,
summoned from the dream,
not half caring for anything but love."
~ Stephen Levine
"Insider Loot"
"Insider Loot"
by Bill Bonner
Paris, France - "It is gray and cold, here in Paris. Mon Dieu! The government here is even more absurd than in the US. French president Macron says he will “emmerd” those who don’t have the vaccination. We’ve seen that translated as “piss off” or “mire in excrement.” A better translation of emmerder is probably something like to “make your life miserable.”
But imagine – what kind of society is it in which one group tries to make another group miserable? In a healthy, consensual democracy, like a healthy marriage or a healthy business, nobody has a monopoly on the truth… and nobody gains much by trying to bully and threaten others. People didn’t need to be forced to take the polio vaccine, for example. When we were in grammar school polio was still a terrible disease… and the vaccine kept us from getting it. COVID, on the other hand, is not a threat to most people and the vaccines don’t keep you from getting it anyway.
The Washington Post: "The omicron coronavirus variant will infect “just about everybody” regardless of vaccination status, top U.S. infectious-disease expert Anthony S. Fauci said Tuesday."
Does vaccinating everyone really make sense? The issue deserves a contrary argument and an honest discussion. It is opposition that reveals the best way forward, not submission. One side puts forward an idea. The other lets him know what a moron he is. From this exchange of ideas and opinions, a consensus emerges. But without the yang, the yin spins out of control… without the immovable object, the irresistible force is lost in space. Alas, in France as in America, the elites conspire to suppress alternative opinions… and the servile press asks no questions. Instead, it gives out the party line. Voters either go along… or else!
Back in the US: Who asked any questions as the Fed lowered interest rates below the level of consumer price inflation? Who objected when it ‘printed’ more than $8 trillion of new money since 2000… or raised the alarm as the feds added more than $23 trillion to US debt?
And now…inflation is officially running at a 7% rate. Romaine lettuce, reports Bloomberg, is 61% more expensive than it was a year ago. A CNN headline: 'Analysis: ‘It’s getting worse every time’: Inflation concerns could spell trouble for Democrats
At today’s inflation level, if you buy a 10-year US note, you get a real yield of about MINUS 5%. Put in $1,000. A year later, you’ll have $950. Alert readers will notice that this is not a good way to build wealth. You can’t lose money on an investment and make it up by doing more of it. You have to do something different.
Which is why yields on the Fed’s benchmark bond – the US Treasury 10-year note – are rising. Investors are looking for the exits. And if yields continue to rise, which seems likely, it creates a big problem for borrowers. They will have to refinance their mortgages… their bonds… and their loans… at higher rates (30-year mortgage rates hit 3.45% yesterday, the highest since March 2020; they were 2.65% a year ago).
Which is when they are likely to wonder if borrowing was such a good idea in the first place…. and whether, when the Fed was getting the whole economy hooked on ultra-low interest rates… someone should have said something.
Nobody did.
Instead, the great and the good – seeing the coast was clear – went right along. And the whole system, with no real opposition or means of correction, became self-serving and corrupt. The press acted as if Bernanke, Yellen and Powell knew what they were doing… Congress became a sinecure for partisan hacks… The rich counted their money…($30 trillion in stock market gains since 2009)… The public was addled by Facebook and the evening news, punctuated by one scary distraction after another… And the printing presses at the Fed ran night and day (no need to raise taxes…or borrow honestly from savers!)…
And now… the Entire Elite Establishment locks arms in favor of more money and power for itself…at the public’s expense, of course…and what can stop it? "
Jim Kunstler, "Dog Gone"
"Dog Gone"
by Jim Kunstler
"So much chatter in the news media these days about who will be “Joe Biden’s” running mate in 2024 — not that there’s anything wrong with his current sidekick — but I’ve got half a mind to throw my own hat in the ring. That’d make two of us with half a mind and a shot at the so-far elusive ideal to govern least… and therefore govern best!
Alas, I lack the connections and the ground-game of a seasoned pol such as Liz Cheney, the current favorite, who dragged her esteemed old daddy, Dick Cheney (“George W. Bush’s brain”) up to Capitol Hill this week, for to schmooze up the Progressive caucus and raise morale among the walking dead. Where Dick Cheney treads, you know war can’t be far behind. That must be what America really needs to pep her up in these days of sagging poll numbers and inflating dollars. War, the ivermectin of politics!
But shall it be a foreign war or a civil war? Isn’t that the question? From the looks of things around “Joe Biden’s” White House, where a weird concrete fortification is being hoisted up on the north lawn as I write, it looks like they’re planning for action on the home front, perhaps a full-out assault by the lurking forces of white supremacy — painted savages in horned head-dresses screaming MAGA-MAGA-MAGA as they loot Dr. Jill’s walk-in closet.
The Attorney General, Mr. Garland, has been warning us about this Satanic host of backward-facing demons. They breed like botflies in the red state hills and hollers, swarm and buzz in the school board meetings, caress their AR-15s in prostrate worship of their Trump bobbleheads, scheming to deprive BIPOCs of their votes. They’d like to tie Democracy to the back bumper of a Ford Alpha F-150, drag it over seven miles of broken Southern Comfort bottles, and feed whatever’s left to the hogs. They must be stopped!
Except… what if they fail to materialize? Maybe a foreign war would play better on social media and The View. Our arch-enemy, Vlad Putin, election-meddler supreme, is fixing to invade Ukraine, we’re told. Obviously, that would interfere with “Joe Biden’s” plan to make Ukraine America’s fifty-first state. When Sec’y of State Tony Blinken mentioned that to Sergei Lavrov, the Russian foreign minister blew mineral water through his nose all over the conference table. Would a friendly little tussle over that sad-sack country lift America’s animal spirits… like, get the economy firing on all cylinders? Roust up all those work-force dropouts who disdain fine jobs waiting for them in the Amazon warehouses and the fry-lanes of Mickey-D? Put the brakes on all this fentanyl snorting…? All this porn-watching…? Turn around America’s long sickening slide into its own Hollywood fantasy of the zombie apocalypse?
Well, I must be frank: probably not. Probably only hasten America’s journey to the political pits of hell (and Ukraine’s to its special sub-hell). What would be our strategy in this war over Ukraine? Arm Ukraine with the all the latest US gee-whiz fighting gear and let them have a go at the Russian army poised along the border of Donetsk and Luhansk Oblasts? That’ll work, I’m sure. Call it Operation Russian Roulette, only with a bullet in every chamber. You see, it is not a generally-accepted fact among world military professionals that Ukraine has — how you say? — a well-disciplined, experienced fighting force. I hope that does not offend.
If that doesn’t seem like a viable game-plan, do “Joe Biden,” Tony Blinken, and Lloyd Austin really suppose we would transport x-number of US troop divisions six thousand miles from Kansas to slug it out with those Russian divisions poised at the edge of their own homeland? Have a look at the world map and contemplate the logistical picture. Not so favorable for us, wouldn’t you agree? A long way to re-supply our boys, gals, and theys in uniform with fresh Kit-Kat bars.
Okay, say that dog don’t hunt, what else then? Default to our trusty old ICBMs, waiting patiently in their rusty silos lo these many decades for the chance to do their thing? That is, turn the world into an ashtray? I give you: Dr. Strangelove re-made as a documentary… We are livin’ the dream, all right.
How’s this for an idea: just leave Ukraine alone. If Russia intends to dominate it, so what? For most of our lives Ukraine was a virtual province of Russia, so to speak, and it didn’t hurt us none. Ditto our grandparents and all the ranks of our ancestors. And now it’s a problem? Could it be possible that Ukraine is just none of our business (in the most literal way)?
Meanwhile the business of Covid-19 flares spectacularly in omicron drag — but not vary harmfully — around the world, presaging a welcome end to this contrived global emergency, and yet the member nations of the Western Civ club (including many also enlisted in NATO) drive deeper with their experiment in tyranny even as the end of Covid is in sight. Despite overwhelming proof that the mRNA vaccines don’t work, and actually induce much serious harm to people, Western Civ still strives insanely to vaxx-up every last citizen. The Supreme Court shot down “Joe Biden’s” vaxx mandate for businesses yesterday, and the “president” actually declared that companies should ignore the decision and compel employees to get vaxxed anyway.
If that is not something like peak insane, what is? At least, among the cohort in our land who are susceptible to that madness, which is actually not a majority of the people in this land. Hence, I have news for you: we are now at the turning point. Americans are rejecting blue insanity. We are fixing to drag that old blue dog to the doghouse, where it can cool out for two years before we put it down for good. And a couple more things: “Joe Biden” is done running for president, and Liz Cheney is done running for Congress, or anything else. Welcome back to reality. Let the sun shine in."
"Economic Horror Show: Retail Sales Crater As Prices Continue To Skyrocket"
Gregory Mannarino, AM 1/14/22:
"Economic Horror Show:
Retail Sales Crater As Prices Continue To Skyrocket"
"Food Shortage At Target - Empty Shelves Everywhere, and Rising Prices!"
Full screen recommended.
Adventures with Danno, 1/14/22:
"Food Shortage At Target -
Empty Shelves Everywhere, and Rising Prices!"
"In today's vlog we are at Target with empty shelves everywhere! We are here to check out skyrocketing prices, and to get a few items of course they don't have. It's getting rough out here as stores seem to be struggling with getting products!"
Greg Hunter, "Weekly News Wrap-Up 1/14/22"
"Weekly News Wrap-Up 1/14/22"
CV19 Conspiracy Facts, Mandate Sunk,
Inflation Raging, War w/ Russia
by Greg Hunter’s USAWatchdog.com
"Give Project Veritas a hand because it has broken the biggest government coverup story since the infamous Pentagon Papers. The release back then showed the U.S. government lied and covered-up a decade’s long involvement in the Vietnam War. Fast forward to today, and you see history repeating itself with the recently released papers form DARPA (Defense Advanced Research Projects Agency) and other government documents. It shows the government was well aware of CV19 gain of function, vaccine plans, thwarting the use of Ivermectin and HCQ and the weaponization of a virus unleashed on the world to basically kill people and get them to take experimental vaccines out of fear. This was racketeering to kill people so Big Pharm could make obscene amounts of money with a dangerous vaccine that was unnecessary and unneeded. The “Pentagon Papers” helped end the Viet Nam War, and the “DARPA Papers” will hopefully end the CV19 virus and vax scam. Maybe the Supreme Court took this into consideration when it voting down and sinking the Biden Vax mandates for private companies.
The latest inflation number is out, and the official number is 7%, which is well above the 2% Fed target rate. In the real world, the inflation rate, without government gimmicks to lower it, is 15%, according to economist John Williams at Shadowstats.com. To make matters worse, the PPI (Producer Price Index) just hit fresh record highs year over year coming in at 9.8% to the upside. The Fed is in a panic to get control, but if it raises interest rates and cuts off the easy money, will it crash the economy? Please keep in mind, there is mind blowing debt and derivatives in the hundreds of trillions of dollars, and experts say it would not take much of a nudge for the Fed to lose total control and melt it all down.
Last week, Russia, the USA and NATO were trying to ease tensions and work out an agreement to de-escalate the tension on Ukraine’s border with Russia. The U.S. and NATO don’t want Russia to influence the region, and Russia does not want more NATO countries on its border. Talks ended without an agreement, and now the Biden Administration is talking about sanctions against Russia’s leader Vladimir Putin. How close are we to another war? Maybe a lot closer than you think."
Join Greg Hunter on Rumble as he talks about
these stories and more in the Weekly News Wrap-Up.
Thursday, January 13, 2022
"Sometime In Your Life..."
"Sometime in your life, hope that you might see one starved man, the look on his face when the bread finally arrives. Hope that you might have baked it or bought or even kneaded it yourself. For that look on his face, for your meeting his eyes across a piece of bread, you might be willing to lose a lot, or suffer a lot, or die a little, even."
- Daniel Berrigan
"Cargo Ships Flood California; Supply Chain Nightmare; Economic Crisis Out Of Control; Job Losses"
Full screen recommended.
Jeremiah Babe, PM 1/13/22:
"Cargo Ships Flood California; Supply Chain Nightmare;
Economic Crisis Out Of Control; Job Losses"
"The Cruelest Joke Of All..."
"The smallest decisions made had such profound repercussions. One ten-minute wait could save a life or end it. One wrong turn down the right street or one seemingly unimportant conversation, and everything was changed. It wasn't right that each lifetime was defined, ruined, ended, and made by such seemingly innocuous details. A major life-threatening event should come with a flashing warning sign that either said ABANDON ALL HOPE or SAFETY AHEAD. It was the cruelest joke of all that no one could see the most vicious curves until they were over the edge, falling into the abyss below."
- Sherrilyn Kenyon
"David Rosenberg’s Last Warning: The Largest Market Crash Will Burst This Year"
Full screen recommended.
"David Rosenberg’s Last Warning:
The Largest Market Crash Will Burst This Year"
by Epic Economist
"Investors are becoming increasingly scared. Over the past few weeks, they have been rushing to sell off risky assets, which is causing some major stock indexes to record a significant drop. As the tech bubble burst continues, the Dow Jones has fallen by 434 points, while the Nasdaq plunged by nearly 3 percent and the S&P 500 fell by almost 5 percent. The decline in share price has been triggered by high bond yields, which have pushed overvalued stocks to correction territory. According to Bloomberg, the rush to sell off risky assets, especially in the tech sector, has removed $1.5 trillion from the market in the first two weeks of the year. In the first five days, some of the most expensive stocks have fallen by roughly 50 percent. And many market veterans and insiders are warning that the stock market crash is far from over. This is just the beginning and things are only going to get bumpier from here.
Amongst them, the veteran strategist David Rosenberg is sounding the alarm about the burst of this historic "Everything Bubble" in asset prices and predicting a sizable stock market crash for 2022. "We have nutty, crazy, massive bubbles everywhere. In my professional lifetime, and probably going back further, I don't remember there being so many asset bubbles taking place at the same time," Rosemberg stressed. "We've come off three years with an average 20% increase in the S&P 500. Normally, the stock market goes up in price by 7% per year. We have tripled what is normal three years in a row. It's caused people's brains to get all fuzzy, and the greed is egregious," he explained.
When asked whether he could see a massive crash happening this year, Rosemberg said that "the odds are high we're going to see a bear market sooner," and that he wouldn't be surprised if it occurred over the next few weeks or months, given that tightening fiscal and monetary policies at a time of extremely expensive valuations are very likely to result in a sharp correction in every corner of the market. According to Morgan Stanley’s Michael J. Wilson, the crash isn't over and valuations will continue to fall. With the S&P 500 and NASDAQ indices both down this month and with some stocks losing more than 50% of their value in less than a week, it seems that Wilson is right again. Wealth manager RIA Advisors pointed that nearly 40% of stocks are now down more than 50% from their 52-week highs.
The current sell-off is having a disproportionate impact on expensive stocks, as it should, but the real determinant of how long and deep this correction lasts will be growth, said Wilson, adding that "investors are now entering a tighter monetary policy environment and this is going to mean more uncertainty at the index level." Moreover, the billionaire investor Paul Tudor Jones is also concerned about the future of the market, warning that the Fed will tank the economy and forecasting that today's leading stocks will start to struggle in the days ahead. He highlighted that 'winning stocks' - a group that includes meme stocks and cryptocurrencies - would be hit the hardest by tighter monetary policies. "US equities are really extraordinarily valued relative to GDP," Jones emphasized, noting that the current Buffett indicator reading of more than 200% indicates the stock market is hugely overpriced relative to the size of the economy.
It seems like everyone in the market right now is really frightened about the coming change in monetary policy. This will be the first time in over a decade that the market will have to say goodbye to all that excess liquidity that made indexes skyrocket to one record high after the other. And don't be mistaken: this loss of liquidity in the market caused by a hawkish Fed will hit more than just winning tech stocks. They aren't the only one leveraged by excess liquidity - the entire market is. You don't need to be a rocket scientist to understand the consequences. The market is likely to crash by up to 90% when the Fed finally removes all of that easy money from the market. Right now, bubbles are already popping everywhere, showing that intrinsic value matters after all. All signs are there for people to see, and we must start acting before it's too late."
○
A market crash of far less than 90% will trigger a tsunami of margin calls of
the $2.4 QUADRILLION derivatives, absolutely bankrupting everyone.
Everyone...
Gerald Celente, "Trends in The News"
Full screen recommended.
Strong language alert!
Gerald Celente, "Trends in The News"
"The Trends Journal is a weekly magazine analyzing global current events forming future trends. Our mission is to present Facts and Truth over fear and propaganda to help subscribers prepare for What’s Next in these increasingly turbulent times."
"A Look to the Heavens"
“Riding high in the constellation of Auriga, beautiful, blue vdB 31 is the 31st object in Sidney van den Bergh's 1966 catalog of reflection nebulae. It shares this well-composed celestial still life with dark, obscuring clouds recorded in Edward E. Barnard's 1919 catalog of dark markings in the sky. All are interstellar dust clouds, blocking the light from background stars in the case of Barnard's dark nebulae. For vdB 31, the dust preferentially reflects the bluish starlight from embedded, hot, variable star AB Aurigae.
Exploring the environs of AB Aurigae with the Hubble Space Telescope has revealed the several million year young star is itself surrounded by flattened dusty disk with evidence for the ongoing formation of a planetary system. AB Aurigae is about 470 light-years away. At that distance this cosmic canvas would span about four light-years.”
"Of Course..."
"To show mercy is not naive. To hold out against the end of hope is not stupidity or madness. It is fundamentally human. Of course... we are all doomed; we are all poisoned from our birth by the rot of stars. That does not mean we should succumb to the seductive fallacy of despair, the dark tide that would drown us. You may think I'm stupid, you may call me a madman and a fool, but at least I stand upright in a fallen world."
- Rick Yancey
The Poet: Jane Hirshfield, "The Task "
"The Task "
"It is a simple garment, this slipped-on world.
We wake into it daily - open eyes, braid hair -
a robe unfurled
in rose-silk flowering, then laid bare.
And yes, it is a simple enough task
we've taken on,
though also vast:
from dusk to dawn,
from dawn to dusk, to praise, and not
be blinded by the praising.
To lie like a cat in hot
sun, fur fully blazing,
and dream the mouse;
and to keep too the mouse's patient, waking watch
within the deep rooms of the house,
where the leaf-flocked
sunlight never reaches, but the earth still blooms. "
- Jane Hirshfield
"This Is The Motive..."
"All men seek happiness. This is without exception. Whatever different means they employ, they all tend to this end. The cause of some going to war, and of others avoiding it, is the same desire in both, attended with different views. The will never takes the least step but to this object. This is the motive of every action of every man, even of those who hang themselves."
- Blaise Pascal
"Stores Ration Food! Empty Shelves; Panicked Shoppers in U.S."
Full screen recommended.
Tommy Bites Homestead,
"Stores Ration Food! Empty Shelves;
Panicked Shoppers in U.S."
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Related:
Gregory Mannarino, "The Dollar Is Dying And Here Is The Proof; BlackRock Warns Of Commodity Prices"
Gregory Mannarino, PM 1/13/22:
"The Dollar Is Dying And Here Is The Proof;
BlackRock Warns Of Commodity Prices"
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