Category Archives: Global Debt($223trillion)

Have We Reached A Turning Point For Stocks? Tuesday Was The Worst Day For The Stock Market In 6 Months | Stillness in the Storm

Wednesday, March 22, 2017


(Michael SnyderThe post-election stock market rally is officially over. After hovering near record highs for the past couple of weeks, U.S. stocks had their worst day in six months on Tuesday. For quite some time it has been clear that the momentum of the post-election rally had been exhausted, and a pullback of this nature was widely anticipated. But even though stocks fell by more than 1 percent during a single trading session for the first time since last September, it is going to take a whole lot more than that to bring stock prices back into balance. In fact, stocks are so overvalued at this point that it would take a total decline of about 40 to 50 percent before key stock valuation measures return to their long-term averages.

Related The stock market is 70% overvalued … crash now inevitable

SourceThe Economic Collapse Blog

by Michael Snyder, March 21st, 2017

So we are still in a giant stock market bubble. All Tuesday did was shave about one percent off of that bubble.

Let’s review some of the numbers from the carnage that we witnessed…

-The Dow was down 237.85 points (1.14 percent)

-The S&P 500 was down 1.2 percent on the day

-The Nasdaq was down 1.8 percent at the closing bell

-Financial stocks were down more than 2.5 percent

-Overall, it was the worst day for banking stocks since the Brexit vote

-Bank of America is now down more than 10 percent since Trump’s speech to Congress

-The Russell 2000 (small-cap stocks) dropped about 2 percent

Some prominent names on Wall Street were warning ahead of time that this was coming. Marko Kolanovic was one of those voices…

Marko Kolanovic has done it again.

Last Thursday, one day ahead of the massive quad-witching where over $1.4 trillion in options expired in relatively tame fashion, the JPM quant warned of “near-term market weakness” and suggested “reducing US equity exposure. And, sure enough, JP Merlin’s Gandalf timed it impeccably yet again. To be sure, the jury is still out on what caused the selloff – lack of votes to repeal Obamacare, fears about Trump’s fiscal policy agenda, the market’s sudden realization that it is at 30 CAPE, or just a technical revulsion – what matters is that once again, like clockwork, Kolanovic called a key inflection point just days in advance.

Source: Have We Reached A Turning Point For Stocks? Tuesday Was The Worst Day For The Stock Market In 6 Months | Stillness in the Storm

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$21,714 For Every Man, Woman And Child In The World – This Global Debt Bomb Is Ready To Explode | The Daily Sheeple

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According to the International Monetary Fund, global debt has grown to a staggering grand total of 152 trillion dollars. Other estimates put that figure closer to 200 trillion dollars, but for the purposes of this article let’s use the more conservative number. If you take 152 trillion dollars and divide it by the seven billion people living on the planet, you get $21,714, which would be the share of that debt for every man, woman and child in the world if it was divided up equally.

So if you have a family of four, your family’s share of the global debt load would be $86,856.

Very few families could write a check for that amount today, and we also must remember that we live in some of the wealthiest areas on the globe. Considering the fact that more than 3 billion people around the world live on two dollars a day or less, the truth is that about half the planet would not be capable of contributing toward the repayment of our 152 trillion dollar debt at all. So they should probably be excluded from these calculations entirely, and that would mean that your family’s share of the debt would ultimately be far, far higher.

Of course global debt repayment will never actually be apportioned by family. The reason why I am sharing this example is to show you that it is literally impossible for all of this debt to ever be repaid…

Source: $21,714 For Every Man, Woman And Child In The World – This Global Debt Bomb Is Ready To Explode | The Daily Sheeple

This Is One Of The Big Reasons Why So Many Families Are Feeling Extreme Financial Stress – Prepare for Change

(February 16, 2017 by Edward Morgan) When the cost of living rises faster than paychecks do year after year, eventually that becomes a very big problem.  For quite some time I have been writing about the shrinking middle class, and one of the biggest culprits is inflation.  Every month, tens of millions of American families struggle to pay the bills, and most of them don’t even understand the economic forces that are putting so much pressure on them.  The United States never had a persistent, ongoing problem with inflation until the debt-based Federal Reserve system was introduced in 1913.  Since that time, we have had non-stop inflation and the U.S. dollar has lost more than 98 percent of its value.  If our paychecks were increasing faster than inflation this wouldn’t be a problem, but in recent years this has definitely not been the case for most Americans…

Source: This Is One Of The Big Reasons Why So Many Families Are Feeling Extreme Financial Stress – Prepare for Change

Dick Eastman on the Wealth Money Radio Show 2016/11/26 — Abel Danger

Byron Dale and Greg Soderberg talk about the consequences of a debt-money-based system where all the money is created through loans; how interest grows the debt, but not the money supply; and other effects of interest on our lives. Dick Eastman is our guest 11/26 on the Wealth Money Radio Show: “People Enslaved by the…

via Dick Eastman on the Wealth Money Radio Show 2016/11/26 — Abel Danger

Global Debt Grows and Central Banks Are Buyers — The Event Chronicle

The IMF reported last week that global debt hit a record $152 trillion. I’m old enough to remember when a million was a lot, and in the past two decades we have blown right through talking of millions and billions and are now throwing around trillions like its nothing… By Tim Taschler Much of this debt has been…

via Global Debt Grows and Central Banks Are Buyers — The Event Chronicle