Gregory Mannarino, AM 10/7/21:
"This Stock Market Will Crash On A Massive Scale - But Not Yet"
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Gregory Mannarino, PM 10/7/21:
"All Eyes On The MMRI: Important Updates"
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Economy Related:
So, we rise from the rubble...
Thursday, October 7, 2021
Wednesday, October 6, 2021
"Prepare For Food Shortages, Get Food Now; Grocery Store Chaos Coming; Economy Shattered"
Jeremiah Babe, 10/6/21:
"Prepare For Food Shortages, Get Food Now;
Grocery Store Chaos Coming; Economy Shattered"
"It’s Better To Be Ready Than to Get Ready - Follow the Economic Warning Signs"
Full screen recommended.
Dan, iAllegedly, PM 10/6/21:
"It’s Better To Be Ready Than to Get Ready -
Follow the Economic Warning Signs"
"There are constant challenges in business and our economy. Are you ready for what is coming? Now is the time to be prepared TARIg it’s better to be ready than to have to get ready."
Musical Interlude: Jason Mraz, "I Won't Give Up"
Full screen recommended.
Jason Mraz, "I Won't Give Up"
"A Look to the Heavens"
"Where do the dark streams of dust in the Orion Nebula originate? This part of the Orion Molecular Cloud Complex, M43, is the often imaged but rarely mentioned neighbor of the more famous M42. M42, seen in part to the upper right, includes many bright stars from the Trapezium star cluster.
Click image for larger size.
M43 is itself a star forming region that displays intricately-laced streams of dark dust - although it is really composed mostly of glowing hydrogen gas. The entire Orion field is located about 1600 light years away. Opaque to visible light, the picturesque dark dust is created in the outer atmosphere of massive cool stars and expelled by strong outer winds of protons and electrons."
"Who Has Put Me Here?"
"The eternal silence of infinite spaces frightens me. Why now rather than then? Who has put me here? By whose order and direction have this place and time have been ascribed to me? We travel in a vast sphere, always drifting in the uncertain, pulled from one side to another. Whenever we find a fixed point to attach and to fasten ourselves, it shifts and leaves us; and if we follow it, it eludes our grasp, slips past us, and vanishes for ever. Nothing stays for us. This is our natural condition, most contrary to our inclination; we burn with desires to find solid ground and an ultimate and solid foundation for building a tower reaching to the Infinite. But always these bases crack, and the earth obstinately opens up into abysses. We are infinitely removed from comprehending the extremes, since the end of things and their beginning are hopelessly hidden from us in an encapsulated secret; we are equally incapable of seeing the Nothing from which we were made, and the Infinite in which we are swallowed up."
- Blaise Pascal
“Some Things You Need To Know”
“Some Things You Need To Know”
by Marc Chernoff
“I know you’re reading this. And I want you to know I’m writing this for you. Others will be confused. They will think I’m writing this for them. But I’m not. This one’s for you.
I want you to know that life is not easy. Every day is an unpredictable challenge. Some days it can be difficult to simply get out of bed in the morning. To face reality and put on that smile. But I want you to know, your smile has kept me going on more days than I can count. Never forget that, even through the toughest times, you are incredible. You really are. So smile more often. You have so many reasons to. Time and again, my reason is you.
You won’t always be perfect. Neither will I. Because nobody is perfect, and nobody deserves to be perfect. Nobody has it easy, everybody has issues. You will never know exactly what I’m going through. And I will never know exactly what you’re going through. We are all fighting our own unique war. But we are fighting through it simultaneously, together.
Whenever somebody discredits you, and tells you that you can’t do something, keep in mind that they are speaking from within the boundaries of their own limitations. Ignore them. Don’t give in. In this crazy world that’s trying to make you like everyone else, find the courage to keep being your awesome self. And when they laugh at you for being different, laugh back at them for being the same.
Remember, our courage doesn’t always roar aloud. Sometimes it’s the quiet voice at the end of the day whispering, “I will try again tomorrow.” So stand strong. Things turn out best for people who make the best out of the way things turn out. And I am committed to making the best of it along with you.”
"An Industry Insider Just Revealed What Is Really Behind The Shortages At Our Local Supermarkets"
Full screen recommended.
"An Industry Insider Just Revealed What Is Really
Behind The Shortages At Our Local Supermarkets"
by Epic Economist
"Grocery stores across the US are now suffering with depleted inventories and empty shelves as they experience the worst supply chain crisis in decades. But the mainstream media coverage of this issue isn't telling us the whole truth. They're trying to convince us that what we have been witnessing at the stores recently is just a 'temporary' disruption that can be easily fixed and that will soon be gone. However, that's not what industry experts have been saying. In recent weeks, many of them came forward to warn that shortages and supply chain bottlenecks are likely to intensify as the holiday shopping season approaches.
With that in mind, today, we decided to expose what is really behind the shortages at our local supermarkets. In a recent article, writer and economic analyst Michael Snyder published an e-mail he received from an industry insider who told his side of the story. The source, who runs a grocery store in Maine, highlights that things are going from bad to worse. In fact, he even stressed that he has never seen "anything close to what is happening now”. Some of the information he shared is truly alarming and we should all spare a moment to hear it. "Supply issues are real!," he says. "My supplier has limited us on orders for about a month now - limiting the physical number of cases we can order".
His supplier's biggest issue is the unprecedented worker shortage in their warehouse. They're extremely short in order pickers and truck drivers. But it's the same story everywhere. All suppliers are experiencing similar difficulties to find new employees. As a consequence, many everyday items, such as energy drinks, soft drinks, bottled water, juices, fresh produce, and cleaning products are in short supply, he revealed. The quality of the fruits and vegetables arriving at his store is declining. In contrast, his meat supply was still "fair" at the time he wrote the e-mail, but pricing was extremely high. "Shockingly high to me. The middle class is slowly being destroyed with these prices hikes," the insider wrote.
"It’s frustrating. I'm self-employed for 25 years and worked for Kroger for 25 years before that, so I'm in this business for 50-51 years and have never seen anything close to what is happening now. I come to work every day just holding my breath for what is next for our business and the 35 people I employ here in Maine," the source concludes. Even though this grocery store owner has tried to order smaller quantities, his suppliers are still unable to fulfill them.
The situation he's going through is the same one faced by millions of small business owners all around the country. But even big grocery chains are struggling with delivery delays, dwindling inventories, and a shortage of workers. At this moment, supply shortages are widespread, and this is the worst that they have been since the onset of the health crisis. Sadly, what industry specialists have been telling us is that this is going to become the “new normal”.
At the same time, the extraordinary rise in food prices is becoming a threat for low-income households, who are having to spend a larger share of their monthly budgets just to have enough to eat on their tables. Meat prices are skyrocketing, and they have been rising faster than most other grocery prices. Meat, poultry, fish, and eggs are currently up 5.9 percent compared to last year, and over 15 percent higher than 2019 prices. We are now being told to brace ourselves for more price spikes in the coming months. Sysco, one of the nation’s biggest food distributors, reported food inflation levels of 10.2 percent on its most recent quarterly report, all of those increases are being passed along to customers in turn.
On the other hand, as shortages become more extensive, retailers have started to reimplement limits. Last Thursday, Costco said it was reinstating "limits on purchases of toilet paper, paper towels, and bottled water". Although they don't call it “rationing”, that is essentially what it is. Joining a long list of retailers, Costco is sounding the alarm about climbing shipping prices and worsening supply chain issues.
All things considered, it's safe to say that neither inflation nor shortages are going to be "temporary". At the beginning of the year, many were expecting the economy to be booming at this point, but instead what we have is huge price hikes and very painful shortages that are likely to persist for another year or two. Our economic infrastructure is being shaken to the core as events have begun to slide out of control. Beware of the next events because it won't take too much for us to be facing a full-blown avalanche."
"Memento Mori"
"Memento Mori"
by Ryan Holiday
"Were all the geniuses of history to focus on this single theme, they could never fully express their bafflement at the darkness of the human mind. No person hands out their money to passersby, but to how many do each of us hand out our lives! We're tight-fisted with property and money, yet think too little of wasting time, the one thing about which we should all be the toughest misers." - Seneca
Born with a chronic illness that loomed large throughout his life, Seneca was constantly thinking about and writing about the final act of life. "Let us prepare our minds as if we'd come to the very end of life," he said. "Let us postpone nothing. Let us balance life's books each day. The one who puts the finishing touches on their life each day is never short of time."
Most interestingly, he quibbled with the idea that death was something that lay ahead of us in the uncertain future. "This is our big mistake," Seneca wrote, "to think we look forward to death. Most of death is already gone. Whatever time has passed is owned by death." That was Seneca's great insight - that we are dying every day and no day, once dead, can be revived.
So we should listen to the command that Marcus gave himself. He wrote,"Concentrate every minute like a Roman on doing what's in front of you with precise and genuine seriousness, tenderly, willingly, with justice. And on freeing yourself from all other distractions." The key to this kind of concentration? "Do everything as if it were the last thing you were doing in your life."
That's the power of Memento Mori - of meditating on your mortality. It isn't about being morbid or making you scared. It's about giving you power. It's to inspire, to motivate, to clarify, to concentrate like a Roman on the thing in front of you. Because it may well be the last thing you do in your life.
The Stoics were philosophers, but more than that they were doers. They didn't have room for big words or big ideas, just stuff that made you better right here, right now. As Marcus Aurelius said: "Justice, honesty, self-control, courage, don't make room for anything but it - for anything that might lead you astray, tempt you off the road, and leave you unable to devote yourself completely to achieving the goodness that is uniquely yours."
The Poet: Rolf Jacobsen, "When They Sleep"
"When They Sleep"
"All people are children when they sleep.
There's no war in them then.
They open their hands and breathe
in that quiet rhythm heaven has given them.
They pucker their lips like small children
and open their hands halfway,
soldiers and statesmen, servants and masters.
The stars stand guard
and a haze veils the sky,
a few hours when no one will do anybody harm.
If only we could speak to one another then
when our hearts are half-open flowers.
Words like golden bees
would drift in.
God, teach me the language of sleep."
- Rolf Jacobsen,
"The Roads Have Come to an End Now"
Gerald Celente, "The Vax Mandates are a Violation of Our Rights, Judge Napolitano Provides the Legal Facts"
Gerald Celente, "The Trends Journal"
"The Vax Mandates are a Violation of Our Rights,
Judge Napolitano Provides the Legal Facts"
"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."Gregory Mannarino," AM/PM 10/6/21"
Gregory Mannarino, AM 10/6/21:
"What Will Happen, THEORETICALLY, If The US Defaults On Its Debt?"
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Gregory Mannarino, PM 10/6/21:
"Must Watch: The FED Will Buy All Defaulted Debt"
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Economy related:
"This Is Such A Dangerous Time In Our History"
"This Is Such A Dangerous Time In Our History"
by Michael Snyder
"If you feel like global events are about to hit a dramatic turning point, you are definitely not alone. Lately, I have been hearing from so many people that are feeling such a sense of dread about the days that are ahead of us. It kinds of reminds me of the waning days of 2019. If you go back and review my articles and my interviews from that period, you will see that I repeatedly warned that I had such a bad feeling about 2020. At the time, that didn’t make a lot of sense to some people, because life was still relatively normal. But then the COVID pandemic came along and the world went completely nuts. Well, now I am sensing another huge wave of trouble, and countless others are feeling the exact same way.
Normally, I tend to focus my articles on things that just happened in the news. But today I want to talk about the bigger picture because we have reached such a dangerous time in our history. The events of the past couple of years have put us on a very alarming trajectory, and I believe that we are rapidly approaching a point of no return.
There are still a lot of people out there that believe that some sort of a magic solution will suddenly be found and life will revert to normal. Sadly, that isn’t going to happen. Nobody has a “silver bullet”, and men on white horses are not going to come riding in to save us.
At this moment, the stage is being set for so many of the things that I warned about in "Lost Prophecies" and "7 Year Apocalypse." Great natural disasters are occurring all over the planet, extreme weather events are playing havoc with worldwide crop production, global hunger is on the rise, we are facing a supply chain crisis of epic proportions, and I have written numerous articles in recent weeks about the growing shortages that we are witnessing.
Meanwhile, the pandemic continues to rage on, and now we are being told that this virus will be with us indefinitely. Of course many believe that how national governments have responded to the pandemic has been even worse than the pandemic itself. We are seeing civil unrest and mass protests all over the globe as ordinary citizens lash out against the alarming rise of authoritarianism all around us. We have seen so much chaos and death over the past couple of years, and there will be so much more in the years ahead. Millions upon millions of people have already died, but what we have seen so far is just the tip of the iceberg.
As I discussed a few days ago, this is also a time of wars and rumors of wars. Needless to say, military conflict will take many of our current problems to an entirely new level. Sadly, most Americans have absolutely no idea that we are moving toward war even now.
But most Americans can see the product shortages that are growing all around us. At this point, the supply chain crisis has gotten so bad that the mainstream media can’t stop talking about it. On a very basic level, our economic infrastructure is breaking down, and this is something that is happening all over the world.
Originally we were told that things would be “getting back to normal” by this point, but now we are being told that the shortages are going to be getting even worse in the months ahead. Earlier today, I came across a video in which Glenn Beck detailed why he is extremely concerned about this. I think that Glenn did a really good job of communicating the urgency of the crisis that we are now facing, and I hope that people will share his video with as many people as they can.
There are some that have used the word “hell” to describe the past couple of years, but the truth is that they aren’t even worth comparing to what is still ahead of us.But no matter what comes along, you can get through this.
I have heard from so many people that are scared about what is to come, and it is okay to be honest about our emotions. If you truly understand the bigger picture, the gravity of what we are dealing with will definitely weigh on you. But there is no reason to be afraid. You were born for such a time as this, and you were placed at this specific moment in human history for a reason.
Since I write about such difficult topics, some people out there have suggested that I must be deeply depressed. But the truth is that my wife and I are not depressed at all. We are not on any pills, we don’t have to see any psychologists and we don’t walk around in a state of gloom all the time.
That is because we know who we are, we know where we are going and we understand how the story ends. All of human history has been building up to a grand crescendo, and we get to be here for it. There is no other time in all of human history that I would have rather lived than right here, right now.
But if your life is defined by the system that the elite have established, and if what you care about are the material possessions that the system has provided for you, then the years ahead are going to be exceedingly painful for you. Because the truth is that the system is dying.
Everything that can be shaken will be shaken, and we are going to see horrors that are far beyond what most people would dare to imagine right now. But for those that are living for the things that really matter, this will be an incredibly exciting time to be alive.
If you have not been paying much attention to global events, now is the time for you to wake up. So many of the pieces of the puzzle are coming together simultaneously, and so many of the major things that the watchmen have been warning about are on the verge of taking place. I will have so much more to say about all of this in the days ahead. Be strong and keep the fire burning, because the times that are approaching are going to greatly challenge all of us."
Tuesday, October 5, 2021
Gerald Celente, "Trends Journal: Life Was Hard, They Made It Even Harder"
Full screen recommended.
Gerald Celente, Trends Journal,
Very Strong Language Alert!
"Trends Journal: Life Was Hard, They Made It Even Harder"
"Panic Buying Frenzy Sweeps Across China: A Rush To Hoard Energy Supplies Has Begun"
Full screen recommended.
"Panic Buying Frenzy Sweeps Across China:
A Rush To Hoard Energy Supplies Has Begun"
by Epic Economist
"Sky-high prices for natural gas and electricity have made the headlines in recent weeks as energy crises started to erupt all over the world. The most menacing of them is taking place in China, where coal stocks hit perilously low levels. Chinese officials warned that China's energy crunch will have greater consequences for the global economy than other energy squeezes now occurring in Europe, South-Eastern Asia, and Africa.
Several Chinese regions have started to conserve energy and issue rationing mandates to factories, ordering plants to halt or significantly reduce production over the next weeks. At least two-thirds of the entire country faced severe blackouts last week as China struggled with the worst power shortages in over a decade. Just this year, energy prices have more than double in China due to soaring electricity demand from factories and lower than expected output from the country’s coal mines.
If China's economy slumps any further this year, the whole global economic rebound can be derailed, and that will lead to even higher inflation in global markets, warn economists. "China’s energy crunch is set to have a rippling effect across the world”, says Howie Lee, an economist at Singapore’s OCBC Bank. The outlook doesn't seem very promising, particularly considering that official government figures released last month indicate that that Chinese factory activity in September dropped to the lowest level since February 2020, when lockdowns crippled the economy.
The unexpected slowdown in factory activity will add further pressure on an economy already facing serious problems in its inflated property sector, mostly in the form of the decaying giant Evergrande. While the property sector accounts for up to 25% of China's GDP, the country's huge tech sector is also experiencing major disruptions as the power outages are forcing widespread factory shutdowns. At this point, shortages are already emerging and hitting stressed global supply chains, with both Apple and Tesla temporarily closed. Other small businesses that play a key role in global manufacturing are recording an output collapse like no other.
This crisis is coming at the worst possible time: just as businesses get ready for the Christmas shopping rush. This means that shortages will not only be seen in China but also on shelves in western countries, including America. Moreover, given the Vice Premier's order, China seems to have made an abrupt policy change regarding its commodity markets approach. Many local reports are stressing the fact that the central government has given state-owned energy companies a directive to secure winter energy supplies "at any and all costs".
However, with commodity inflation already soaring and straining large importers, supply shortages are becoming more and more frequent across the globe. The plan now is to hoard all available supplies no matter the cost, in order to support continued economic growth, particularly due to the threat of a cold winter scenario. This may turn the commodity market upside down. China's rigorous steps to ensure energy supplies are likely to trigger a panic buying spree just as we witnessed early in the health crisis, when consumers depleted inventories of toilet paper and other household items, and more recently, in the UK's ongoing supply chain crisis.
Therefore, "in addition to the speculative interest, the world’s biggest commodity importer is now going on a historic buying spree. As such, this buying is a strong tailwind for oil, as supply certainty trumps price in the near term," as explained by Ryan Fitzmaurice, the senior commodity strategist at Rabobank. Speculators have gigantic piles of money at hand to bid the market even higher, especially knowing that China has every motive to panic buy supplies and central banks have flushed extraordinary amounts of liquidity to fund huge purchases on global financial markets.
"This new policy has the potential to trigger panic buying in physical markets, which will likely spill over into financial markets as institutional money chases returns," Fitzmaurice wrote in a recent note to clients. Sadly, world leaders are just now realizing that, unlike artificially-created money, you cannot print commodities nor artificially create energy supplies. The rules are not the same. The commodity market is volatile and dangerous.
The lack of energy is a life-threatening issue, and that was conclusively demonstrated earlier this year during the Texas power grid collapse. As the price of energy skyrockets, those increased costs will fall disproportionately upon the poorest in society, and those devastating income inequalities will be dramatically exposed as the most millions have to face a painful choice: Heat or Eat.Don't be mistaken, this winter is going to be shocking. Dark clouds are looming on the horizon and the perfect storm is coming for us."
"Economy Heads Into Chaos As Market Soars; Auto Industry In Depression; Homebuyers Priced Out"
Jeremiah Babe, PM 10/5/21:
"Economy Heads Into Chaos As Market Soars;
Auto Industry In Depression; Homebuyers Priced Out"
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