Friday, June 10, 2016
George Soros Is Preparing For Economic Collapse – Does He Know Something That You Don’t?
Why is George Soros selling stocks, buying gold and making “a series of big, bearish investments”? If things stay relatively stable like they are right now, these moves will likely cost George Soros a tremendous amount of money. But if a major financial crisis is imminent, he stands to make obscene returns. So does George Soros know something that the rest of us do not? Could it be possible that he has spent too much time reading websites such as The Economic Collapse Blog? What are we to make of all of this?
The recent trading moves that Soros has made are so big and so bearish that they have even gotten the attention of the Wall Street Journal…
Worried about the outlook for the global economy and concerned that large market shifts may be at hand, the billionaire hedge-fund founder and philanthropist recently directed a series of big, bearish investments, according to people close to the matter.Soros Fund Management LLC, which manages $30 billion for Mr. Soros and his family, sold stocks and bought gold and shares of gold miners, anticipating weakness in various markets. Investors often view gold as a haven during times of turmoil.
Hmmm – it sounds suspiciously like George Soros and Michael Snyder are on the exact same page as far as what is about to happen to the global economy.
You know that it is very late in the game when that starts happening…
One thing that George Soros is particularly concerned about that I haven’t been talking a lot about yet is the upcoming Brexit vote. If the United Kingdom leaves the EU (and hopefully they will), the short-term consequences for the European economy could potentially be absolutely catastrophic…
Mr. Soros also argues that there remains a good chance the European Union will collapse under the weight of the migration crisis, continuing challenges in Greece and a potential exit by the United Kingdom from the EU.“If Britain leaves, it could unleash a general exodus, and the disintegration of the European Union will become practically unavoidable,” he said.
The Brexit vote will be held two weeks from today on June 23rd, and we shall be watching to see what happens.
But Soros is not just concerned about a potential Brexit. The economic slowdown in China also has him very worried, and so he has directed his firm to make extremely bearish wagers.
According to the Wall Street Journal, the last time Soros made these kinds of bearish moves was back in 2007, and it resulted in more than a billion dollars of gains for his company.
Of course Soros is not alone in his bearish outlook. In fact, Goldman Sachs has just warned that “there may be significant risk to the downside for the market”…
Goldman Sachs is getting nervous about stocks.In a note to clients, equity strategist Christian Mueller-Glissmann outlined the firm’s fears that there may be significant risk to the downside for the market.
Ultimately, George Soros and Goldman Sachs are looking at the same economic data that I share with my readers on a daily basis.
As I have been documenting for months, almost every single economic indicator that you can possibly think of says that we are heading into a recession.
For instance, just today I was sent a piece by Mike Shedlock that showed that federal and state tax receipts are really slowing down just like they did just prior to the last two recessions…
US federal personal tax receipts receipts are falling fast. So is the Evercore ISI State Tax Survey.The last two times the survey plunged this much, the US was already in recession.Is it different this time?
And online job postings on LinkedIn have now been falling precipitously since February after 73 months in a row of growth…
After 73 consecutive months of year-over-year growth, online jobs postings have been in decline since February. May was by far the worst month since January 2009, down 285k from April and down 552k from a year ago.
Last week, the government issued the worst jobs report in nearly six years, and the energy industry continues to bleed good paying middle class jobs at a staggering rate. The following comes from oilprice.com…
That may seem counterintuitive in an industry that has been rapidly shedding workers, with more than 350,000 people laid off in the oil and gas industry worldwide.Texas is one place feeling the pain. Around 99,000 direct and indirect jobs in the Lone Star state have been eliminated since prices collapsed two years ago, or about one third of the entire industry. In April alone there were about 6,300 people in oil and gas and supporting services that were handed pink slips. Employment in Texas’ oil sector is close to levels not seen since the aftermath of the financial crisis in 2009. “We’re still losing big chunks of jobs with each passing month,” Karr Ingham, an Amarillo-based economist, told The Houston Chronicle.
At this point it is so obvious that we have entered a new economic downturn that I don’t know how anyone can possibly deny it any longer.
Unfortunately, the reality of what is happening has not sunk in with the general population yet.
Just like 2008, people are feverishly racking up huge credit card balances even though we stand on the precipice of a major financial crisis…
American taxpayers are quick to criticize the federal government for its ever-increasing national debt, but a new study released Wednesday found taxpayers are also saddled with debt, and are likely to end 2016 with a record high $1 trillion in outstanding balances.Wallethub, a site that recommends credit cards based on consumers’ needs, said that will be the highest amount of credit card debt on record, surpassing even the years during and before the Great Recession. The site said the record high was in 2008, when people owed $984.2 billion on their credit cards.
Will we ever learn?
This has got to be one of the worst possible times to be going into credit card debt.
Sadly, the “dumb money” will continue to act dumb and the “smart money” (such as George Soros) will continue to quietly position themselves to take advantage of the crisis that is already starting to unfold.
We can’t change what is happening to the economy, but we do have control over the choices that we make.
So I urge you to please make your choices wisely.
Credit to Economic Collapse
One Of World’s Most Respected Scientist Says He Has Found “Definitive Proof That God Exists”
One of the world’s most respected scientists has said that there is scientific proof that points to the existence of God.
According to the Geophilosophical Association of Anthropological and Cultural Studies, scientist Michio Kaku, who is known as one of the developers of the revolutionary String Theory, stated, “I have concluded that we are in a world made by rules created by an intelligence.”
In a video Kaku explains, using physics and mathematics and referencing String Theory, how science points to the existence of God. The very purpose of physics, says Kaku is “to find an equation … which will allow us to unify all the forces of nature and allow us to read the mind of God.” Kaku has proposed a theory to that end, using what he calls “primitive semi-radius tachyons.” “
To me it is clear that we exists in a plan which is governed by rules that were created, shaped by a universal intelligence and not by chance,” he stated.
Credit to Skywatchtv.com
RUSSIA FEARS NATO 'GLOBAL STRIKE' FROM EASTERN EUROPE
NATO is laying the groundwork in Eastern Europe for a “global strike” against Russia, the deputy head of the Defense Council in Russia’s upper house of parliament has declared.
“They have very serious plans on the framework of devising a so-called global strike,” lawmaker Franz Klintsevich said. “NATO takes our old Soviet bases in the Baltic, Romania, Poland and deploys people there.”
“In fact, it seems they are preparing a place d’armes, for setting up equipment and a platform for the preparation of big plans,” referring to the military term that denotes a well-armed, strategic fighting position.
He said that Russia’s general staff in the military are monitoring NATO’s reinforcement and that, at present, “inexpensive, high technological solutions give us a full guarantee that we can defend ourselves.” In conventional warfare, Russia’s armed forces boast a numerical advantage to NATO troops, with the Ministry of Defense estimating that its westernmost forces number around 400,000.
This is roughly 10 times the size of NATO’s force, not stationed in Eastern Europe but intended to defend the region upon rapid deployment. Each country also has its own national armed forces and no NATO troops are stationed in Eastern Europe on a permanent basis.
He reiterated that Poland and Romania, currently hosting elements of the U.S. anti-missile shield, will be treated as areas dangerous to Russia.
“We will send military equipment, move the army with NATO’s activity in mind. Of course, this threatens, more than anyone, these countries where the anti-missile system is. We have not hidden this fact,” Klintsevich added.
Credit to Newsweek.com
Putin’s military might could overrun NATO forces in 60 hours
RUSSIA could steamroll NATO forces in just 60 hours, a leading US defence official has warned amid rising tensions with the west.
The alarming claim comes as Russia has deployed troops westward as part of its ongoing stand-off with NATO.
US Deputy assistant secretary of defence for Russia, Ukraine, and Eurasia Michael Carpenter
told a Senate Foreign Relations Committee hearing that the West and NATO were currently not ideally prepared to deal with a Russian threat.
He said Russia had a massive geographical and time advantage but by 2017 the US would be in a better position to defend its allies.
The warning over increasing Russian aggression comes just four months after non-profit global policy think tank RAND raised “concerns about its larger intentions” and speculated Russian forces could reach those areas in 60 hours.
NATO forces are increasingly concerned about Russia’s intentions in the Baltics. Picture: Alexei DruzhninSource:AFP
It warned NATO cannot successfully defend the territory of its most exposed members, the Baltic republics of Estonia, Latvia and Lithuania.
It did however suggest it was possible to avoid a rapid overrun of the Baltic States with a force of seven brigades.
This would include three heavy armoured brigades backed by airpower along with land-based support.
Senator Cory Gardner asked Mr Carpenter if the RAND warning made last February was still accurate and if NATO is prepared to deal with the threat.
“I’m confident by the end of 2017, when we have an additional armoured brigade combat team worth of force posture on the eastern flank of the alliance, that we will be,” he said.
Paratroopers from the US 82nd Airborne Division walk to their positions after conducting a multinational jump with British and Polish soldiers to a designated drop zone near Torun, Poland. Picture: Alik Keplicz/APSource:AP
TENSIONS RISE
NATO is taking part in a war games exercise in Poland intended to shore up security on the alliance’s eastern flank.
The 10-day exercises come as member states have been spooked by Russia’s increasingly assertive actions.
Nineteen NATO member nations and five partner nations are contributing troops to the exercise that will train and test their swift joint reaction to threats on land, sea and in the air.
The exercises are certain to increase tensions between the two sides with Russia deploying its troops westward, Reuters reported.
The move is part of an increasing military build up in the region with Russia also building an army base near its border with Ukraine.
Russia is continuing to build up its forces along its western frontiers while NATO conducts its exercises on the east.
The coalition’s head of the exercise, US Lt Gen Benjamin Hodges, said the exercise represented the commitment of the participating countries to “stability and security in Europe.”
“We want as many to see what we are doing as possible so that they won’t be nervous,” he said.
Russia considers the presence of NATO troops close to its border as a security threat.
President Vladimir Putin’s spokesman, Dmitry Peskov, said earlier this week that the military exercise in Poland “does not contribute to the atmosphere of trust and security on the continent.”
Poland and other nations in the region, as well as NATO leaders, argue that any military presence or exercises are purely defensive and deterrent measures.
US troops land with parachutes at the military compound near Torun, central Poland. Picture: Janek Skarzynski/AFPSource:AFP
The drill is being held just weeks before NATO holds a crucial summit in Warsaw expected to decide that significant numbers of NATO troops and equipment will be based in Poland and in the Baltic States.
Created in 1949, the US-led NATO alliance is considered to be a way of countering the military might of the Soviet Union, and preventing the rebirth of the militant nationalism that had led to Europe’s two world wars.
Credit to news.com.au
http://www.news.com.au/world/europe/russia-vs-nato-putins-military-might-could-overrun-nato-forces-in-60-hours-defense-official-warns/news-story/abcacd7437387f2b8baf2d44820548f1
Refugee camp in Dusseldorf is burned down by migrants 'who were furious they had not received a wake-up for Ramadan breakfast'
Gratitude and forgiveness Christian virtues....
A refugee camp in Germany was burned down by migrants amid claims they were angry they had not received a wake-up for Ramadan breakfast, it has been reported.
The large fire ripped through the centre - home to 280 refugees - completely levelling the hall in the western German city of Dusseldorf on Tuesday.
Emergency crews treated 25 people for smoke poisoning before police started an arson investigation amid claims a mattress had been sprayed with lighter fluid then torched.
A refugee camp in Germany was burned down by migrants amid claims they were angry they had not received a wake-up for Ramadan breakfast, it has been reported
The large fire ripped through the centre - home to 280 refugees - in an exhibition hall in the western German city of Dusseldorf on Tuesday
Emergency crews treated 25 people for smoke poisoning before police started an arson investigation amid claims a mattress had been sprayed with lighter fluid then torched
More than a hundred refugees were evacuated from the centre as the blaze started to take hold
Credit to dailymail.co.uk
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