FEB 17 16 SIT EC y POL
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ZERO HEDGE
ECONOMICS
21
New Numbers That Show That The Global Economy Is Absolutely Imploding. by
Michael Snyder via The Economic Collapse blog, Submitted by Tyler
Durden on 02/17/2016. : After a series of stunning declines through
the month of January and the first half of February, global financial markets
seem to have found a patch of relative stability at least for the moment. But
that does not mean that the crisis is over. On the contrary, all of
the hard economic numbers that are coming in from around the world tell us that
the global economy is coming apart at the seams.
EXTRACTS
All of the hard economic numbers that are coming in from
around the world tell us that the global economy is coming apart at the
seams. This is especially true when you look at global trade
numbers. The amount of stuff that is being bought, sold and shipped
around the planet is falling precipitously.
So don’t be fooled if stocks go up one day or down the
next. The truth is that we are in the early chapters of a brand new
economic meltdown, and I believe that all of the signs indicate that it will
continue to get worse in the months ahead. The following are 21 new
numbers that show that the global economy is absolutely imploding…
#2 Chinese imports
were even worse in January. On a year over year basis, they declined a
whopping 18.8 percent.
#3 It may be hard to
believe, but Chinese imports have now plunged for 15 months in a row.
#4 In India, exports
were down 13.6 percent on a year over year basis
in January.
#5 In Japan, exports
declined 8 percent in December on a year over year
basis, while imports plummeted 18 percent.
#6 For the sixth time in six years,
Japanese GDP growth has gone negative.
#7 In the United
States, exports were down 7 percent on a year over year basis in
December.
#8 U.S. factory orders
have fallen for 14 months in a row.
#9 The Restaurant
Performance Index in the United States has dropped to the lowest level that we
have seen since 2008.
#12 Orders for Class 8
trucks in the United States dropped by 48 percent on a year over year basis in
January.
#14 Even though Saudi Arabia and Russia have agreed to
freeze oil production at current levels, the price of U.S. oil has still fallen
below 30 dollars a barrel.
#15 It is being
reported that 35 percent of all oil and gas companies
around the world are at risk of falling into bankruptcy.
#16 According to CNN, 67 oil and gas companies in the United
States filed for bankruptcy during 2015.
#17 The number of job cuts in the United States skyrocketed
218 percent during the month of January
according to Challenger, Gray & Christmas.
#18 All over America,
retail stores are shutting down at a stunning pace. The following list of
store closures comes from one of my previous articles…
-Wal-Mart is closing 269 stores, including 154 inside the United States.
-K-Mart is closing down more than two dozen stores
over the next several months.
-J.C. Penney will be permanently shutting down 47
more stores after closing a total of 40 stores in 2015.
-Macy’s has decided that it needs to shutter 36 stores and lay off approximately 2,500 employees.
-The Gap is in the process of closing 175 stores in North America.
-Aeropostale is in the process of closing 84 stores all across America.
-Finish Line has announced that 150 stores will be shutting down over
the next few years.
-Sears has shut down about 600 stores over the past
year or so, but sales at the stores that remain open continue to fall
precipitously.
#20 Global stocks have fallen into bear market territory, which
means that about one-fifth of all global stock market wealth has already been
wiped out.
#21 Unfortunately for global central banks, they have
pretty much run out of ammunition. Since March 2008, central banks have
cut interest rates 637 times and they have purchased a
staggering 12.3 trillion dollars worth of assets. There is not much more
that they can do, and now the next great crisis is upon us.
Without any outside
influences, the global economy and the global financial system will continue to
rapidly fall apart. But if we do have a major “black swan event”
take place, that could cause the bottom to fall out at any moment.
In particular, I am deeply concerned about the possibility
that World War III could be sparked
in the Middle East. In an article that I published earlier
today entitled “Turkey Is Asking The United States To Take
Part In A Ground Invasion Of Syria“,
I included a quote from Turkish Foreign Minister Mevlut Cavusoglu that reveals
just how eager Turkey and Saudi Arabia are for war to begin…
“Some countries like us, Saudi
Arabia and some other Western European countries have said that a ground
operation is necessary,” Turkish Foreign Minister Mevlut Cavusoglu told
Reuters in an interview.
Unfortunately, Turkey is already attacking. Turkey has been shelling Kurdish and Syrian
military positions in northern Syria for four days in a row
even though the Obama administration has been urging them to stop.
Sadly, the mainstream
media in the United States is largely ignoring the preparations for a ground
invasion of Syria, and they keep telling us that the global economy is
going to be just fine, so
most ordinary Americans are going to be absolutely blindsided by what is about
to happen.
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Land
Of The Debt Slave: Texas Man Arrested At Gunpoint For Not Paying $1500 Student
Loan. Submitted by Tyler Durden on 02/17/2016 : What a
cute little Banana Republic this America has become. Our
government can’t put a single bank executive in jail for destroying the
global economy, but when a mere peasant is caught not paying back his
student debt, a team of U.S. Marshals arrive at his door to arrest him at
gunpoint.
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Here's
The New Study The Fracking Industry Doesn't Want You to See. Submitted
by Tyler Durden on 02/17/2016 : Though fracking
industry proponents scoff at any intimation their so-called vital industry
poses even scant risks to the public, a new study published in Toxicology and
Applied Pharmacology just proved those critics right - fracking
wastewater causes cancer.
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Core
Inflation Spikes Most In 15 Months, Food Costs Surge. Submitted by Tyler
Durden on 02/17/2016 : Producer Prices (ex food and energy) jumped 0.4%
MoM - the biggest rise since Oct 2014 (and dramatically hotter than the
0.1% rise expected). Rubbing salt into Fed mandate wounds still further is last
month's print was also revised higher and YoY (+0.6%) is the highest since Sep
2015. Across the range of PPI data, all items came hotter than expected in
January (despite a 5% drop in Energy) with Food rising most in 20 months.
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Submitted by Tyler
Durden on 02/17/2016 - 07:43
- Futures rise as oil gains hold steady (Reuters)
- China promises economic stability as G20, parliament loom (Reuters)
- Obama scolds Senate Republicans for Supreme Court threat (Reuters)
- China Deploys Missiles on Disputed South China Sea Island (WSJ)
- China Ramps Up Rhetoric, Plans New Steps to Juice Up Economy (BBG)
- China Loses Control of the Economic Story Line (WSJ)
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POLITICS
America's
Largest Union Refuses To Back Hillary Over Sanders. Submitted by Tyler
Durden on 02/17/2016 : In what could be the biggest blow yet for her
campaign, the leader of the America's largest federation of unions
(counting 12 million active and retired "everyday Americans") has chosen
not to endorse Hillary Clinton over Bernie Sanders.
..
In a relative win for the Sanders' campaign, according
to Huffington Post, the American Federation of Labor and Congress of
Industrial Organizations (AFL–CIO) - the largest federation of unions
in the United States, made up of fifty-six national and international
unions, together representing more than 12 million active and retired workers
- will not be endorsing Hillary...
“The decision is a coup for Sanders' backers within organized labor. Clinton has managed to lock down endorsements from unions representing a majority of unionized workers in this country. But the AFL-CIO endorsement is the most potent of all, and it won't be going to Clinton”
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"BIGGER THAN WATERGATE" - HILLARY CLINTON AND THE
SYRIAN BLOODBATH. Submitted
by Tyler Durden on 02/17/2016 : The U.S. policy was
a massive, horrific failure. Assad did not go, and was not defeated. Russia
came to his support. Iran came to his support. The mercenaries sent in to
overthrow him were themselves radical jihadists with their own agendas. The
chaos opened the way for the Islamic State, building on disaffected Iraqi Army
leaders (deposed by the US in 2003), on captured U.S. weaponry, and on the
considerable backing by Saudi funds. If the truth were fully known, the
multiple scandals involved would surely rival Watergate in shaking the
foundations of the US establishment.
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A
New Hampshire Resident Rages Against The Political Machine. Submitted
by Tyler Durden on 02/17/2016 : "The
takeaway message from New Hampshire is powerful but not new. Voters in
Greece have rejected establishment parties – twice. Voters in Portugal recently
rejected the establishment. Voters in Iceland did so years ago and their nation
is now thriving. So what's behind all of this rejection? I reckon it's because you
can only push people so far. As Popeye the Sailor is famous for saying,
"That's all I can stands, I can't stands no more.""
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MIDDLE EAST & WORLD ISSUES
How
Far Will The U.S. Go If Turkey Invades Syria?. Submitted by Tyler Durden
on 02/17/2016 : The Government of
Turkey has now put itself in a position whereby it must act rapidly and
precipitously to avoid moving to an ultimately losing strategic position in the
war against Syria, which could result in being forced back to fight a
full-scale civil war to prevent the break-up of the State into at least two
components, one being a new Kurdish state. The Obama Administration, with less
than a year to run on its term, is also throwing caution to the winds, and is
empowered in this by the diversion of U.S. political attention on the November
2016 Presidential elections. President Obama hopes to move the U.S. into an
irrevocable military action in Syria before the Washington political
establishment can warn him off it. And he might succeed.
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GLOBAL RESEARCH
Washington
Supports the Terrorists in Syria: Obama’s Latest Putin Bashing Shows
Desperation By Stephen Lendman,
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With
Justice Scalia Gone: The Landmark Union Case “Friedrichs vs. California
Teachers Association” By Shamus Cooke,
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INFORMATION CLEARING HOUSE
The Federal Reserve and the Global Fracture.
By Michael Hudson. If you are going to serve Wall Street – your
major campaign contributors – you are going to need a cover story pretending that this will help the economy.
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Obama’s ‘Moderate’ Syrian Deception.
By Gareth Porter. A veteran CIA officer explains where the agency
has gone wrong for decades — and the consequences
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Are Green
Berets Leading The YPG In Taking The Azaz Pocket?. By Moon Of Alabama. The
U.S. special forces that are trained and able to direct a local guerrilla are
the Green Berets.
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Washington’s
Machiavellian Game in Syria. By F. William Engdahl. The world’s Superpower did
not come to that position without extraordinary skills, cunning, a remarkable
ability to lie convincingly, to very precisely manipulate the weaknesses of
their opponents
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Video - US
Military - A Cancer -. Documentary
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Puerto Ricans
Suffer as Creditors Feast on Debt Colony. By Matt Peppe
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WASHINGTONG BLOG
Gov
Officials Admit Turkey Has REPEATEDLY Carried Out False Flag Terror. Posted on February 17, 2016 by WashingtonsBlog
Terror attacks have repeatedly
rocked
Turkey over
the last year. The government has blamed ISIS and Kurds for the attacks … and
is about to use this “justification” to launch troops into Syria.
But there is an
alternative explanation. Specifically, government officials have admitted
that Turkey has repeatedly carried out false
flag attacks. ⇒
Keep Reading
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Wishful thinking has been an integral driver of the
“recovery” 2009-2015: asset bubbles aren’t bubbles, central bank policies
are brilliantly successful, unemployment has dropped to levels of full
employment, and so on.
The problems with wishful thinking that I describe in my
book A Radically Beneficial World are becoming more apparent by
the day: ⇒
Keep Reading
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NOTICIAS IN SPANISH
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MEX Papa pide a indígenas mexicanos resistir
opresión y maltrato. Y mas org y lucha
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PRESS TV
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Trump will never be president: Obama. NO EVEN HILLARY .. SANDERS WILL BE!
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'Russia set to deliver S-300 to Iran' I TOUGHT THEY ALREADY HAVE IT .. send one
more lot
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