We now live in a nation where doctors destroy health, lawyers destroy justice, universities destroy knowledge, governments destroy freedom, the press destroys information, religion destroys morals, and our banks destroy the economy.’ – Chris Hedge Yes, we could use a complete reset and capital punishment for TPTB – Only the all-mighty may pass judgement; our job is only to arrange the meeting.
The condo market and the housing market is collapsing at a faster pace. World’s largest oil trade says there is no growth. Retail is contracting, credit is breaking down, JP Morgan Chase is telling smaller banks to combine deposits because there is going to be a problem later this year. The corporate media is now reporting that because of what Trump has done with Comey the economy will collapse. Trump then signaled that the economy will not hit the 3.0% GDP mark. Trump is now pushing the economy to collapse before the central bankers collapse the system.
VIA : Annalyn Kurtz
One Way the Trump Economy Already Looks Like the Great Recession
An important indicator of the economy is now flashing, “Warning ahead.”
So-called “soft data” like surveys of consumers, small businesses, and homebuilders have pointed to a sugar-rush in optimism about the U.S. economy lately. Nonetheless, a measure of ability and willingness from businesses to borrow is telling a less cheerful story.
There’s been a sudden slowdown in new credit extended to businesses over the last year, one that strategists at UBS are calling “drastic” and “highly uncommon outside of economic downturns.”
The Swiss bank’s credit strategist Stephen Caprio and economist Robert Sockin looked at both business loans from banks, as well as corporate bonds, and found that both sources of credit are decelerating. As you can see from their chart below, the last two times this happened, it coincided with the dot-com bust and the Great Recession.
Commercial and industrial loans issued by U.S. banks grew by an average of 9.5% a year between 2012 and 2016. That, though, has suddenly slowed to just a 1.1% annualized growth rate from November to mid-March.
What’s more, businesses don’t appear to be increasingly turning to the corporate bond market for their funding instead. When Caprio and Sockin exclude bond issuance that’s earmarked for refinancing, they find that new lending through the non-bank corporate bond market is decelerating at nearly the same rate as bank loans to businesses.
Why do we care? Well, when credit to businesses slows, it may signal one of two things: either banks are tightening their standards, for example by rejecting loan applications from riskier borrowers, or there’s simply less demand for loans. Neither is a good sign for where the economy is headed, likely signaling that firms will be less willing to invest in capital improvements like buying new machines or upgrading their technology.
So what’s happening here? Well, the first theory—that banks are tightening credit standards for businesses—doesn’t hold. Bank loan officers surveyed by the Federal Reserve report that they largely left their standards unchanged at the end of 2016, and they intend to ease those standards in 2017.
The UBS team dug into the data further and are convinced the trend instead is being driven by weaker demand from businesses. They identify three key reasons this trend is happening.
First, political uncertainty may be leading business leaders to put new investments on hold. Second, firms are already highly leveraged. Third, rising interest rates, driven by the Federal Reserve, are making it more expensive to borrow.
Political uncertainty is perhaps the biggest driver, Caprio says. Although business leaders may welcome President Trump’s proposals to repeal Obamacare, reform the tax code, and invest in infrastructure, they’re still in a wait-and-see mode. Why start a large investment or project, if you don’t yet have much clarity on whether these policies can actually pass through Congress?
“The underlying animal spirits are still there,” says Caprio, who believes that political clarity today would lead to a pick up in credit demand. “On the other hand, the longer that we have political uncertainty, the more likely the data are going to disappoint.”
Today’s vote in the House of Representatives on the Republican health care bill is one of several pivotal moments that could fuel more uncertainty for businesses.
If the bill fails, Caprio says that could lead to what economists call a “negative feedback loop.”
As stocks fall, recent optimism in the various confidence surveys is likely to also become more subdued, leading to perhaps more economic uncertainty and as a result, more businesses putting more investments on hold. The cycle goes on. It’s Trump slump all the way down.
AN ECONOMIST has warned American citizens to prepare for a “once in a generation” economic collapse, similar to the Great Depression of the 1930s.
Economic Doomsday is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. That’s because, as Paul stated, the Federal Reserve has set up the American economy for financial collapse for printing trillions of dollars back in 2008 and 2009.
“The Federal Reserve’s policies of printing trillions of dollars back in ’08-09 have locked into place a serious financial crisis at some point in our future,” Paul stated. Going so far as to intimate the financial collapse will occur at least some time in the next two years Paul wrote, “It’s unavoidable, and even Donald Trump can’t stop it.”
Paul said Trump will be the patsy for the supposed impending financial ruin. Just like everyone blamed Obama for the financial collapse in 2009, this time, “Trump will unfairly get the blame,” the former Texas representative wrote. Paul bases his comments on reports he says he’s read which concludes that within the next 18-24 months, the collapse will happen.
Discover how to survive: Most complete survival tactics, tips, skills and ideas like how to make pemmican, snow shoes, knives, soap, beer, smoke houses, bullets, survival bread, water wheels, herbal poultices, Indian round houses, root cellars, primitive navigation, and much more at: The Lost Ways
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From Ruff Simons, an old west history expert and former deputy, you’ll learn the techniques and methods used by the wise sheriffs from the frontiers to defend an entire village despite being outnumbered and outgunned by gangs of robbers and bandits, and how you can use their wisdom to defend your home against looters when you’ll be surrounded.
Native American ERIK BAINBRIDGE – who took part in the reconstruction of the native village of Kule Loklo in California, will show you how Native Americans build the subterranean roundhouse, an underground house that today will serve you as a storm shelter, a perfectly camouflaged hideout, or a bunker. It can easily shelter three to four families, so how will you feel if, when all hell breaks loose, you’ll be able to call all your loved ones and offer them guidance and shelter? Besides that, the subterranean roundhouse makes an awesome root cellar where you can keep all your food and water reserves year-round.
From Shannon Azares you’ll learn how sailors from the XVII century preserved water in their ships for months on end, even years and how you can use this method to preserve clean water for your family cost-free.
Mike Searson – who is a Firearm and Old West history expert – will show you what to do when there is no more ammo to be had, how people who wandered the West managed to hunt eight deer with six bullets, and why their supply of ammo never ran out. Remember the panic buying in the first half of 2013? That was nothing compared to what’s going to precede the collapse.
From Susan Morrow, an ex-science teacher and chemist, you’ll master “The Art of Poultice.” She says, “If you really explore the ingredients from which our forefathers made poultices, you’ll be totally surprised by the similarities with modern medicines.” Well…how would you feel in a crisis to be the only one from the group knowledgeable about this lost skill? When there are no more antibiotics, people will turn to you to save their ill children’s lives.
If you liked our video tutorial on how to make Pemmican, then you’ll love this: I will show you how to make another superfood that our troops were using in the Independence war, and even George Washington ate on several occasions. This food never goes bad. And I’m not talking about honey or vinegar. I’m talking about real food! The awesome part is that you can make this food in just 10 minutes and I’m pretty sure that you already have the ingredients in your house right now.
Really, this is all just a peek.
The Lost Ways is a far–reaching book with chapters ranging from simple things like making tasty bark-bread-like people did when there was no food-to building a traditional backyard smokehouse… and many, many, many more!
And believe it or not, this is not all…
Table Of Contents:
The Most Important Thing
Making Your Own Beverages: Beer to Stronger Stuff
Ginger Beer: Making Soda the Old Fashioned Way
How North American Indians and Early Pioneers Made Pemmican
Spycraft: Military Correspondence During The 1700’s to 1900’s
Wild West Guns for SHTF and a Guide to Rolling Your Own Ammo
How Our Forefathers Built Their Sawmills, Grain Mills,and Stamping Mills
How Our Ancestors Made Herbal Poultice to Heal Their Wounds
What Our Ancestors Were Foraging For? or How to Wildcraft Your Table
How Our Ancestors Navigated Without Using a GPS System
How Our Forefathers Made Knives
How Our Forefathers Made Snow shoes for Survival
How North California Native Americans Built Their Semi-subterranean Roundhouses
Our Ancestors’Guide to Root Cellars
Good Old Fashioned Cooking on an Open Flame
Learning from Our Ancestors How to Preserve Water
Learning from Our Ancestors How to Take Care of Our Hygiene When There Isn’t Anything to Buy
How and Why I Prefer to Make Soap with Modern Ingredients
Temporarily Installing a Wood-Burning Stove during Emergencies
Making Traditional and Survival Bark Bread…….
Trapping in Winter for Beaver and Muskrat Just like Our Forefathers Did
How to Make a Smokehouse and Smoke Fish
Survival Lessons From The Donner Party
Books can be your best pre-collapse investment.
The Lost Ways (Learn the long forgotten secrets that helped our forefathers survive famines,wars,economic crisis and anything else life threw at them)
Survival MD (Best Post Collapse First Aid Survival Guide Ever)
Conquering the coming collapse (Financial advice and preparedness )
Liberty Generator (Build and make your own energy source)
Backyard Liberty (Easy and cheap DIY Aquaponic system to grow your organic and living food bank)
Bullet Proof Home (A Prepper’s Guide in Safeguarding a Home )
Family Self Defense (Best Self Defense Strategies For You And Your Family)
Survive Any Crisis (Best Items To Hoard For A Long Term Crisis)
Survive The End Days (Biggest Cover Up Of Our President)
Drought USA (Discover The Amazing Device That Turns Air Into Water)