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Tag Archives: September 2015
If You Want To Know The Truth About The Unemployment Rate Read This Article
If You Want To Know The Truth About The Unemployment Rate Read This Article
The Obama administration is telling us that the unemployment rate in the United States has fallen to 5.1 percent, but does that number actually bear any resemblance to reality? On Friday, news outlets all over America celebrated the fact that the U.S. economy added 173,000 jobs in August. We were told that the unemployment rate has fallen to a seven year low and that wages are going up. So everything must be getting better for the middle class, right? After all, isn’t that what the official numbers are telling us?
The financial markets are buzzing over this news because the unemployment rate has fallen into a range that the Federal Reserve has typically considered to be “full employment”, so there is an expectation that the Fed may raise interest rates shortly. The following comes from Business Insider…
The unemployment rate fell to 5.1% in August, the lowest since April 2008. This was lower than forecast, and put the measure in the middle of the 5.2% – 5.0% range the Federal Reserve considers to be “full employment.” The economy added 173,000 jobs, below the expectation for 217,000, although August payrolls are usually revised higher. We also saw some wage growth, with average hourly earnings rising 0.3% month-on-month, and 2.5% year-over-year. The payrolls gain for July was revised up to 245,000 from 215,000.
But do we actually have anything close to “full employment” in this country?
Of course not.
The truth is that the only way they have been able to get the official “unemployment rate” to steadily go down over the past few years is to eliminate hundreds of thousands of Americans that are chronically unemployed from the official labor force numbers every month. Jim Quinn elaborated on this very eloquently in one of his recent articles…
…click on the above link to read the rest of the article…
Watch Carefully as Dangerous Economic Times Approach: “Nothing but Black Swans Ahead”
Watch Carefully as Dangerous Economic Times Approach: “Nothing but Black Swans Ahead”
USA Watchdog’s Greg Hunter interviewed investment expert Jeff Berwick on the ominous signs headed our way in the near future, and in particular, in the month of September.
Berwick has, like so many other voices, been on the forefront of warning about the instability of markets ahead, and during the seven year cycle of Shemitah, that it would unwise to ignore their warnings and prepare for a potential market crash.
Whatever does or doesn’t happen in the days and weeks ahead, it has become all too clear that the system is teetering on the edge, and the powers that be are doing all they can to keep the illusion going, and keep the public under the spell that everything is fine.
But as we have all known since nursery school, once the thing cracks and falls apart, even all the king’s men can’t put the thing back together again.
Keeping the music playing while the chairs are rearranged for collapse is more a way of making an orderly exit for the members of the Ponzi scheme than it is any kind of way of repairing the damage or creating a viable economy.
With black swans on the horizon, it is indeed time to beware, and watch the path ahead.
September 2015 Sure Started Off With Quite A Bang, Eh?
September 2015 Sure Started Off With Quite A Bang, Eh?
After enduring their worst August in 17 years, U.S. stocks are off to their worst start to a September in 13 years. Just yesterday, I declared that we would be entering the “danger zone” this month, and it didn’t take long for the action to begin. Historically, this month is the worst month of the year for stocks, and most of the biggest stock market crashes throughout our history have come in the fall. On Tuesday, the Dow plunged another 469 points, and it is now down more than 10 percent from the peak of the market back in May. That means that we have officially entered “correction” territory. Asian stocks also crashed hard on Tuesday, so did European stocks, and the price of oil plummeted about 8 percent. For a long time, there have been a lot of people out there that have been warning that a financial crisis would happen in the second half of 2015, and they are being proven right. It is actually happening.
Of course there will be plenty of ups and downs still to come. I cannot emphasize enough that we should fully expect waves of panic selling and waves of panic buying. This always happens during any market crash.
For instance, just consider what happened when the tech bubble crashed. The following analysis comes from Graham Summers…
In a six month period, investors moved stocks down 19%, up 8%, then down 27%, then up 21%, then down 22%, then up 34%, then down 17%, then up 16%, then down 28%, then up 16%, and finally down 17%. Only at that point did stocks break their trendline for the bubble (the blue line) and it became obvious that the bubble had burst.
…click on the above link to read the rest of the article…
In The Month Of September 2015 We Officially Enter The Danger Zone
Is September 2015 going to be one of the most important months in modern American history? When I issued my first ever “red alert” for the last six months of 2015 back in June, I was particularly concerned with the months of September through December, and not just for economic reasons. All of the intel that I have received is absolutely screaming that big trouble is ahead. So enjoy these last few days of relative peace and quiet. I mean that sincerely. In fact, that is exactly what I have been doing – over the past week I have not posted many articles because I was spending time with family, friends and preparing forthe national call to prayer on September 18th and 19th. But now as we enter the chaotic month of September 2015 I have a feeling that there is going to be plenty for me to write about.
At this time last month, I declared that we were entering “the pivotal month of August 2015“, and that is exactly what it turned out to be. August was the worst month overall for stocks in three years, and it was the worst month of August for U.S. financial markets in 17 years.
Throughout history, there have only been 11 times when the S&P 500 has declined by more than five percent during the month of August. When that has happened, the stock market has almost always fallen in September as well…
September is the only month in which the S&P 500 fell more frequently than it rose. What’s more, in the 11 times that the S&P 500 fell by more than 5 percent in August, it declined in 80 percent of the subsequent Septembers, and fell an average of nearly 4 percent.
Last week, there was a rally after the initial crash. I warned that this would happen in advance, and we have seen a similar pattern play out during almost every market collapse throughout history. The following comes from John Hussman…
…click on the above link to read the rest of the article…
This 2 Day Stock Market Crash Was Larger Than Any 1 Day Stock Market Crash In U.S. History
This 2 Day Stock Market Crash Was Larger Than Any 1 Day Stock Market Crash In U.S. History
We witnessed something truly historic happen on Friday. The Dow Jones Industrial Average plummeted 530 points, and that followed a 358 point crashon Thursday. When you add those two days together, the total two day stock market crash that we just witnessed comes to a grand total of 888 points, which is larger than any one day stock market crash in U.S. history. It is also interesting to note that this 888 point crash comes in the 8th month of our calendar. Perhaps that is just a coincidence, and perhaps it is not. It just struck me as being noteworthy. This is the first time that the Dow has dropped by more than 300 points on two consecutive days since November 2008, and we all remember what was happening back then. Overall, this was the worst week for the Dow in four years, and there have only been five other months throughout historywhen the Dow has fallen by more than a thousand points (the most recent being October 2008). Of course we still have six more trading days left in August, so there is plenty of time remaining for even more carnage.
By itself, the 530 point plunge on Friday was the ninth worst stock market crash in all of U.S. history. The following list of the top eight comes from Wikipedia…
#1 2008-09-29 −777.68
#2 2008-10-15 −733.08
#3 2001-09-17 −684.81
#4 2008-12-01 −679.95
#5 2008-10-09 −678.91
#6 2011-08-08 −634.76
#7 2000-04-14 −617.77
#8 1997-10-27 −554.26
Another very interesting thing to note is that the largest stock market crash in U.S. history took place on the very last day of the Shemitah year of 2008, and now we are less than a month away from the end of this current Shemitah year.
It is funny how these strange “coincidences” keep happening.
…click on the above link to read the rest of the article…
Commodities Collapsed Just Before The Last Stock Market Crash – So Guess What Is Happening Right Now?
Commodities Collapsed Just Before The Last Stock Market Crash – So Guess What Is Happening Right Now?
If we were going to see a stock market crash in the United States in the fall of 2015 (to use a hypothetical example), we would expect to see commodity prices begin to crash a few months ahead of time. This is precisely what happened just before the great financial crisis of 2008, and we are watching the exact same thing happen again right now. On Wednesday, commodities got absolutely pummeled, and at this point the Bloomberg Commodity Index is down a whopping 26 percent over the past twelve months. When global economic activity slows down, demand for raw materials sinks and prices drop. So important global commodities such as copper, iron ore, aluminum, zinc, nickel, lead, tin and lumber are all considered to be key “leading indicators” that can tell us a lot about where things are heading next. And what they are telling us right now is that we are rapidly approaching a global economic meltdown.
If the global economy was actually healthy and expanding, the demand for commodities would be increasing and that would tend to drive prices up. But instead, prices continue to go down.
The Bloomberg Commodity Index just hit a brand new 13-year low. That means that global commodity prices are already lower than they were during the worst moments of the last financial crisis…
The commodities rout that’s pushed prices to a 13-year lowpulled some of the biggest mining and energy companies below levels seen during the financial crisis.
The FTSE 350 Mining Index plunged as much as 4.9 percent to the lowest since 2009 on Wednesday, with BHP Billiton Ltd. and Anglo American Plc leading declines. Gold and copper are near the lowest in at least five years, while crude oil retreated to $50 a barrel.
“This commodity bear market is like a train wreck in slow motion,” said Andy Pfaff, the chief investment officer for commodities at MitonOptimal in Cape Town. “It has a lot of momentum and doesn’t come to a sudden stop.”
…click on the above link to read the rest of the article…
The Economic Collapse Blog Has Issued A RED ALERT For The Last Six Months Of 2015
The Economic Collapse Blog Has Issued A RED ALERT For The Last Six Months Of 2015
I have never done anything like this before. Ever since I started The Economic Collapse Blog in late 2009, I have never issued any kind of “red alert” for any specific period of time. As an attorney, I was trained to be level-headed and to only come to conclusions that were warranted by the evidence. So this is not something that I am doing lightly. Based on information that I have received, things that I have been told, and thousands of hours of research that have gone into the publication of more than 1,300 articles about our ongoing economic collapse, I have come to the conclusion that a major financial collapse is imminent. Therefore, I am issuing a RED ALERT for the last six months of 2015.
To clarify, when I say “imminent” I do not mean that it will happen within the next 48 hours. And I am not saying that our problems will be “over” once we get to the end of 2015. In fact, I believe that the truth is that our problems will only be just beginning as we enter 2016.
What I am attempting to communicate is that we are right at the door of a major turning point. About this time of the year back in 2008, my wife and I went to visit her parents. As we sat in their living room, I explained to them that we were on the verge of a major financial crisis, and of course the events that happened a few months later showed that I was right on the money.
This time around, I wish that I could visit the living rooms of all of my readers and explain to them why we are on the verge of another major financial crisis. Unfortunately, that is not possible, but hopefully this article will suffice. Please share it with your friends, your family and anyone else that you want to warn about what is coming.
…click on the above link to read the rest of the article…
Lindsey Williams, Martin Armstrong And Alex Jones All Warn About What Is Coming In The Fall Of 2015
Lindsey Williams, Martin Armstrong And Alex Jones All Warn About What Is Coming In The Fall Of 2015
Not since the financial crash of 2008 have so many prominent people issued such urgent warnings about a specific time period. Almost daily now, really big names are coming out with chilling predictions about what they believe is going to happen during the second half of 2015. But it isn’t just that these people have a “bad feeling” about things. The truth is that we are witnessing a confluence of circumstances and events in the second half of this year that is unprecedented. This is something that I covered in a previous article that went mega-viral all over the Internet entitled “7 Key Events That Are Going To Happen By The End Of September“. Personally, I have never been more concerned about any period of time than I am about the second half of 2015. And as you will see below, I am definitely not alone.
Just a few days ago, I received an email that contained a chilling message from Lindsey Williams. You can view the same message that came to my email right here. According to Lindsey Williams, the elite insider that he is in contact with told him that there will be a global financial collapse between September and December of this year…
WARNING!
From Lindsey Williams: I just received an email from my Elite friend.
My Elite friend indicated that they have a World Wide Financial Collapse scheduled between September and the end of December 2015
You may have just THREE (3) months to prepare!
…click on the above link to read the rest of the article…
