[DownInFlames]

I’m waiting for the negative interest rates to hit. It will be like ice water being thrown on their faces. Every type of bank account will have money withdrawn in a set schedule. When that happens, their will be chaos not seen in a very long time. Imagine 1.5% being withdrawn from your savings account on a monthly basis.

[Paladin2]

Spend your money now on good investments as it won’t worth much in the near future.

[hinckley buzzard]

While we are quoting pundits and experts let us not leave out the immortal John Maynard Keynes: "The market can remain irrational much longer than you can remain solvent."

Moral: don't bet the farm by shorting the market.

[krunkygirl]

BTTT

[Jack Hydrazine]

The question should be, “Why are they committed to this great insanity that will lead to the biggest economic collapse that will bring down every country in the world?”

To bring about the global dictator!

[Leaning Right]

I think I will appoint myself FR’s official Zero Hedge Noodge.*

I like Zero Hedge, and read it daily. But understand that EVERY article on ZH predicts an imminent economic collapse. And ZH has ALWAYS been that way. The stock market will collapse, and soon! Just look at this chart!

Now, I'm not saying ZH is wrong here. What I am saying is that ZH only offers one piece of the puzzle. Take it as the complete picture at your own risk.

* Noodge: from the Yiddish, meaning one who pesters and annoys with persistent complaining.

[Toddsterpatriot]

Several weeks ago, I commented on the $30 trillion dollars ($30 million million dollars printed out of THIN air) of new debt which has been created since the nadir of the Global Financial Crisis in late 2008.

Printing money doesn't create debt.

false government inflation statistics hide the theft from the public (see www.shadowstats.com).

If anyone knows fake stats, it's the guy who charges suckers to create them.

[yorkiemom]

“The masses are being plundered on a scale which is inconceivable and unmatched in history; it is the source of the middle classes dying in the developed world. The developed world has become a well-disguised plantation of serfs and slaves. They are given nothing to store and save their labor in as the currency they hold are printed endlessly and have no reserves to back them and are redeemable in NOTHING, contrary to every sound currency in history. Modern day money is nothing less than a wealth confiscation scheme run by morally and fiscally bankrupt central banks and governments against their own citizens.

Is there any human activity where you are not taxed today in one way or another? Is there any major financial holding which people own free and clear of annual taxes or don’t have to share any gain with the masters in central governments? They are your partners in everything even though you performed the work to buy your assets. The government has given the working man nothing in exchange for sharing in the profits or appreciation. Government services such as roads, schools, sewers, police and courts are paid for out of taxes.”

A good article.

[Salvation]

**Never in my 30+ year career as a market observer have I seen so many out on a limb which is about to be SAWED OFF.**

BTTT!+

[Southack]

You don’t want to hear this, and you’ll likely go through the 5 stages of grief when I tell it to you, but there is no economic collapse coming in the U.S. (Europe could be different, though).

QE is winding down in the government. In the private sector, the U.S. is under-going massive economic revolutions such as:

Oilfield fracking,
Hyper-farming,
Web 3.0,
Cloud Computing/storage,
Big Data,
Entertainment Data Streaming (e.g. HBO Go and Netflix),
the private Space Race (e.g. Rutan’s Virgin Galactic and Musk’s SpaceX),
Electric cars (e.g. Tesla),
3D printing,
DNA Programming for medicine,
Genetically Modified (GM) seeds,
and Crowd-funding.

These economic revolutions are bringing vast prosperity to those involved, and they are changing the way that the world works.

Now, why do I think that you are going to go into Denial and Anger and the other stages of grief based on the good news that I point out above?

...because I think that the people who are depressed about the current economic revolutions are those who are under-employed.

No one wants to blame their self for making too little money. It’s always easier to blame the government or a “bad economy.”

Likewise, people who are under-employed think that everything costs too much. Cars are too expensive and groceries “keep going up in price.”

Sigh... You’re missing out on levels of prosperity and wealth never before glimpsed in all of History.

The article above is clueless. Anyone unfamiliar with the economic revolutions that I just listed is...clueless.

Shape up!

There’s wealth to be plundered for those who can adapt.

[Sawdring]

I think the term Bankster should go the way of the dodo.

[Arm_Bears]

The markets will be propped-up, and will continue to climb, for as long as Obama is in the White House.

After that, watch out.

[Obadiah]

Terrific article. Makes one want to weep.

[Hugin]

The developed world has become a well-disguised plantation of serfs and slaves.

Billionaire elites are the landlords of the world. They just allow everyone else to rent some space.

[bgill]

Wondering how many of those suicide/murdered/dead bankers of late were investment bankers.

[3D-JOY]

Check this out and help me understand it all.

[WilliamofCarmichael]

the Main stream media can do proclaim ECONOMIC recovery has arrived . . . “Happy Days are here again” For the world's stock markets.

How about something a little more mundane -- even if not totally germane. This helped clear some things for me. What are those employment numbers. Virtual full employment now (say the Obama bods) or labor participation rate down to record levels?

MSM: ♩♪♫♫♩♪♫
All is well PRESIDENT OBAMA! Umm, umm, ummm! Has fixed the Bush Depression. All the jobs Bush lost Obama obtained! OBAMA! OBAMA! OBAMA! ♩♪♫♫♩♪♫

(D'oh! Someone forgot to delete those damn old files . . . .)

THE EMPLOYMENT SITUATION -- HOUSEHOLD DATA PUBLISHED FOR MARCH 2005

Civilian noninstitutional population ...........................................	222,550	225,041	225,236	222,550	224,422	224,640	224,837	225,041	225,236
Civilian labor force ..................................................................	146,525	147,649	147,745	146,737	148,313	148,203	147,979	148,132	148,157
Participation rate ...............................................................	65.8	65.6	65.6	65.9	66.1	66.0	65.8	65.8	65.8
Employed ..............................................................................	137,691	139,100	139,759	138,408	140,293	140,156	140,241	140,144	140,501
Employment-population ratio ............................................	61.9	61.8	62.0	62.2	62.5	62.4	62.4	62.3	62.4
Unemployed .........................................................................	8,834	8,549	7,986	8,330	8,020	8,047	7,737	7,988	7,656
Unemployment rate ..........................................................	6.0	5.8	5.4	5.7	5.4	5.4	5.2	5.4	5.2
Not in labor force ....................................................................	76,025	77,392	77,492	75,812	76,109	76,437	76,858	76,909	77,079
Persons who currently want a job .........................................	4,667	4,844	4,858	4,817	5,087	5,021	4,982	4,995	5,001

THE EMPLOYMENT SITUATION -- HOUSEHOLD DATA PUBLISHED FOR MAY 2014

Civilian noninstitutional population ...........................................	245,363	247,439	247,622	245,363	246,915	247,085	247,258	247,439	247,622
Civilian labor force ..................................................................	155,734	154,845	155,841	155,609	155,460	155,724	156,227	155,421	155,613
Participation rate ...............................................................	63.5	62.6	62.9	63.4	63.0	63.0	63.2	62.8	62.8
Employed ..............................................................................	144,432	145,767	146,398	143,919	145,224	145,266	145,742	145,669	145,814
Employment-population ratio ............................................	58.9	58.9	59.1	58.7	58.8	58.8	58.9	58.9	58.9
Unemployed .........................................................................	11,302	9,079	9,443	11,690	10,236	10,459	10,486	9,753	9,799
Unemployment rate ..........................................................	7.3	5.9	6.1	7.5	6.6	6.7	6.7	6.3	6.3
Not in labor force ....................................................................	89,629	92,594	91,782	89,754	91,455	91,361	91,030	92,018	92,009
Persons who currently want a job .........................................	7,193	6,088	7,031	6,648	6,348	6,060	6,146	6,146	6,438

[Captainpaintball]

Good article.

I can not get over how prescient De Tocqueville was.

[FBD]

Bump and bookmark this for later reading.