HUGE WARNINGS
Missouri Rep.: “Take Out” Oath Keepers in Ferguson
Characterizes people helping property owners "instigators"
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Just As Brazil Hits Rock Bottom, Things Are About To Get Even Worse - For anyone who might have missed it, Brazil is in trouble.
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Wendy's Explains What Happens When Fry Cooks Make $15/Hour
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China's move to devalue currency could reverberate globally
China's surprise move Tuesday to devalue its currency has intensified concerns about a slowdown in the world's second-largest economy, whose growth rate has reached a six-year low. It is also fanning tensions with the United States and Europe, whose exports could become comparatively costlier.
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The FBI Considers The IRS & DOJ, Domestic Terrorists
Eventually it was bound to happen. The ever increasing ambiguous laws that allow the government to prosecute, or worse, simply negate all Constitutional protections of its citizens would come back to hang them. In an unusual circumstance, what is essentially one party in D.C. when it comes to matters of covering up governmental criminality, has split into a two party system. Specifically, a sect of the Republican party known as Tea Partiers pushed unrelentingly to expose the criminality acted upon members of its own tribe by various government agencies.
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12 Signs That An Imminent Global Financial Crash Has Become Even More Likely
#1 The devaluation of the yuan on Tuesday took virtually the entire planet by surprise (and not in a good way). The following comes from Reuters…
China’s 2 percent devaluation of the yuan on Tuesday pushed the U.S. dollar higher and hit Wall Street and other global equity markets as it raised fears of a new round of currency wars and fed worries about slowing Chinese economic growth.#2 One of the big reasons why China devalued the yuan was to try to boost exports. China’s exports declined 8.3 percent in July, and global trade overall is falling at a pace that we haven’t seen since the last recession.
#3 Now that the Chinese have devalued their currency, other nations that rely on exports are indicating that they might do the same thing. If you scan the big financial news sites, it seems like the term “currency war” is now being bandied about quite a bit.
#4 This is the very first time that the 50 day moving average for the Dow has moved below the 200 day moving average in the last four years. This is known as a “death cross”, and it is a very troubling sign. We are just about at the point where all of the most common technical signals that investors typically use to make investment decisions will be screaming “sell”.
#5 The price of oil just closed at a brand new six year low. When the price of oil started to decline back in late 2014, a whole lot of people were proclaiming that this would be a good thing for the U.S. economy. Now we can see just how wrong they were.
At this point, the price of oil has already fallen to a level that is going to be absolutely nightmarish for the global economy if it stays here. Just consider what Jeff Gundlach had to say about this in December…
And back in December 2014, “Bond King” Jeff Gundlach had a serious warning for the world if oil prices got to $40 a barrel.#6 This week we learned that OPEC has been pumping more oil than we thought, and it is being projected that this could cause the price of oil to plunge into the 30s…
“I hope it does not go to $40,” Gundlach said in a presentation, “because then something is very, very wrong with the world, not just the economy. The geopolitical consequences could be — to put it bluntly — terrifying.”
Increased pumping by OPEC as Chinese demand appears to be slackening could drive oil to the lowest prices since the peak of the financial crisis.#7 In a recent article, I explained that the collapse in commodity prices that we are witnessing right now is eerily similar to what we witnessed just before the stock market crash of 2008. On Tuesday, things got even worse for commodities as the price of copper closed at a brand new six year low.
West Texas Intermediate crude futures skidded through the year’s lows and looked set to break into the $30s-per-barrel range after the Organization of the Petroleum Exporting Countries admitted to more pumping and China devalued its currency, sending ripples through global markets.
#8 The South American debt crisis of 2015 continues to intensify. Brazil’s government bonds have been downgraded to just one level above junk status, and the approval rating of Brazil’s president has fallen into the single digits.
#9 Just before the financial crisis of 2008, a surging U.S. dollar put an extraordinary amount of stress on emerging markets. Now that is happening again. Emerging market stocks just hit a brand new four year low on Tuesday thanks to the stunt that China just pulled.
#10 Things are not so great in the United States either. The ratio of wholesale inventories to sales in the United States just hit the highest level since the last recession. What that means is that there is a whole lot of stuff sitting in warehouses out there that is waiting to be sold in an economy that is rapidly slowing down.
#11 Speaking of slowing down, the growth of consumer spending in the United States has just plummeted to multi-year lows.
#12 Deep inside, most of us can feel what is coming. According to Gallup, the number of Americans that believe that the economy is getting worse is almost 50 percent higher than the number of Americans that believe that the economy is getting better.
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The Evidence Is Clear The Collapse Is Upon Us
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Russia Will Take War To US,’ Former Fox News Producer Warns
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EPA Pollution Disaster Planned? Seattle Advances Gun Control And More
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MORE CHINA MOVES SPOOK STOCKS...
Yuan Cut For Second Day...
EXPORTERS REELING...
RISKS CLASH WITH USA...
DOW 'DEATH CROSS'...
Wild Swings Giving Traders Headache...
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HILLARY 'TOP SECRET' EMAILS FOUND
FBI SEIZES DRIVES
DOJ TAKES POSSESSION
SATELLITE IMAGES
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Scientists make robot -- that can have babies!
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Russia and NATO 'actively preparing for war'...
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Yuan's devaluation spells trouble for commodities
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MYSTERY: Debt Frozen at $18,112,975,000,000 -- for 150 Days...
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Bank of America stops wire transfers and U.S. dollar bank drafts to Belize
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Panama’s government has declared a state of emergency as it faces a drought that has prompted water restrictions, depleted reservoirs and affected shipping through its bustling canal.
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The Christian purge has begun: Chaplains banned from preaching that homosexuality is a sin
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Caught On Tape: Mushroom Cloud Forms After Massive Explosion Rocks Chinese Port City (At Least 100 Hospitalized)
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Colorado Letter To The Editor Predicted EPA Spill – Motive: So EPA Could Secure Superfund Status….
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Economic Collapse Nigh? Death Cross Achieved
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