Goldberg, right?
Posted on 02/05/2016 8:50:37 AM PST by Enlightened1
The global economy seems trapped in a "death spiral" that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi strategists have warned.
Some analysts -- including those at Citi -- have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the U.S.
"The world appears to be trapped in a circular reference death spiral," Citi strategists led by Jonathan Stubbs said in a report on Thursday.
"Stronger U.S. dollar, weaker oil/commodity prices, weaker world trade/petrodollar liquidity, weaker EM (and global growth)... and repeat. Ad infinitum, this would lead to Oilmageddon, a 'significant and synchronized' global recession and a proper modern-day equity bear market."
Some analysts -- including those at Citi -- have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the U.S.
"The world appears to be trapped in a circular reference death spiral," Citi strategists led by Jonathan Stubbs said in a report on Thursday.
(Excerpt) Read more at cnbc.com ...
Goldberg, right?
Don’t worry folks, we won’t run out of money. The Fed is standing by to start the printing presses again.
Climate Change is devastating..
Butter is now over $5 a pound.
Oh but they tell us there is no inflation right? LOL!
Citi: World economy trapped in 'death spiral'
70% Of Jobs Added In January 2016 Were Minimum Wage Waiters And Retail Workers
Or is it job losses? Check this out.
http://www.washingtonexaminer.com/what-jobs-bls-says-665000-job-losses/article/2582535
Hillary’s judgement is once again proven wanting. Hillary has been quite adamant in supporting Obama’s faulty economic policies.
Because the death spiral is one of the few things communism does well.
“Gasoline is down but beer is up. I don’t like the trend here.”
Due to a Cetcil wind, Dystor’s vectored us into a 360-tarson of slow air traffic.
Now, we’ll maintain this Borden hold until we get the Forta Magnus clearance from Melnics.
I’ve been watching.
Duh! Good think Citi told us as we never would have figured it out. LOL!
I don’t know if he said it, However I have said it for several years now...
Golly Moses.
Low oil is good for the global economy. Anybody who says otherwise is wrong.
Economic collapse BUMP
Eh, it’s an obtuse reference to a George Orwell character. Goldberg was the fictional scapegoat of the totalitarian dystopia novel 1984. The state was in perpetual struggle against ‘internal and external’ enemies. Goldberg was the internal enemy people were instructed to devote their “two minutes of hate” towards. Of course he was fictitious and blamed for most of the failures of the regime. His crimes changed daily. He was a fabrication of the state for people to focus their frustration and aggression against to relieve the angst of their collectively pathetic, state-controlled lives.
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