Posted on 08/11/2016 8:37:58 AM PDT by blam
Jeff Berwick
August 11, 2016
We are at an incredible moment in history.
US stock markets are at nominal all-time highs. Government bonds are at or near all-time highs. Yet, central banks worldwide sit at 0% interest rates or less because things are too precarious to even raise rates a paltry 0.25% for fear of collapsing the entire system.
In “traditional” economics this makes no sense. But we are far out of “traditional” now… we are in the extreme end-stages of a collapsing system. When that happens, nothing makes sense from a traditional/normal perspective.
In the third quarter of 2015, during the end of the Shemitah year, world stock markets had their worst quarter since the last Shemitah year in 2008… and then they bounced back up. In January, world stock markets had their worst starting month to the year in history… and then they bounced back up. And, most recently, the day after Brexit, which was 7 days, 7 weeks, 7 months and 7 years since the Shemitah end day in 2008, world stock markets again had their worst day in history… and then bounced back up.
Of course we notice the numerical repetition. None of this is happenstance, surely. It is clear we are onto something; and thus we continue to expect massive volatility and crashes. We predicted them and they arrived as scheduled. We’ve seen three crashes in the last year with massive volatility. And, volatility is usually a sign that something is terribly wrong.
The final crash, the biggest “black swan” ever and subsequent economic depression, surely will be worse than anything that has gone before. Post-crash, expect additional and deeper warfare as those behind these disasters will need to create organized violence to maintain control of society as....
(snip)
(Excerpt) Read more at marketoracle.co.uk ...
I posted this article 20 days ago:
DOW 50,000!
(Happy Days Are Here Again)
0% interest rate is sharia-compliant too.
One cannot defy the laws of gravity or economics for long.
I thought a Black Swan Event was something that couldn’t be foreseen?
I like Taleb. Smart guy.
Yeah what’s the big deal when your national debt is $20,000,000,000,000:-)
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Sooo many of these predictions fall by the way side
Really?
In terms of what, exactly?
A black swan is something that is not forseen based on available information and contemporary views of what is and is not possible. Usually you can only understand their inevitability in hindsight.
The collapse of the East bloc in the Revolutions of 1989 was not even on the radar till that Spring. In 1988, the Cold War was perceived as lasting forever.
The September 11th attacks completely defied previous airline hijacking experience. It was the stuff of fiction, and not a real possibility. Up to that point hijackers used the people on the planes to make thier point, not the aircraft itself as a weapon.
What if the Black Swan event is a false flag event?
Good lord, I’ve never thought of that or heard anyone make that observation before...
RE: “0% interest rate is sharia-compliant too.”
Idiots like this just make me buy more
An example of a black swan would be if Communist China fragmented into Civil War and Taiwan picked a side and moved troops to the mainland, restoring the Nationalists there.
We don’t perceive that as possible, given what we know about China.
A black swan event is scheduled to happen November 8th.
No one could have foreseen that this one would be foreseen, see?
I consider berwick to de deranged. Also dishonest. And a hardcore addict.
Only for those of us who don’t understand the significance of seven years weeks days etc since “shemitah” (whatever that is)
He had me going until I realized this is just another solicitation to subscribe to somebody’s newsletter. Probably wants to sell me gold, too.
When he talks of numerous black Swan events he gives himself away. If the events are numerous, then they are not black swans, which are rare. Perhaps they
reflect some new normal. I don’t see how we can continue at this pace, but my guy reminds me that the big money players would be in the same bread line as me
if the S really HTF, and they don’t want that.
It will be held in concert with the anarchist’s organizational meeting in the windowless basement of the Optimists Club at the intersection of Fantasy Way and Reality Road.
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