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Stock Market Crash! (merged) Pt. 7

Discussions about the economic and financial ramifications of PEAK OIL

Re: Stock Market Crash! (merged) Pt. 7

Unread postby Armageddon » Sun 30 Jun 2019, 12:55:12

Yoshua wrote:OECD says that rates are at zero, or close to zero everywhere and that that is all the central banks can do.



We will see 0 and negative rates worldwide indefinitely
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Yoshua » Sun 30 Jun 2019, 13:15:42

Rates are still at crisis levels among the global central banks. There's no exit.
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Yoshua » Sun 30 Jun 2019, 15:51:05

So the world GDP hit a new all time high in 2018 in current USD according to the World Bank.

How is that even possible when the DXY rose by 10 percent? Economies around the world didn't show double digit GDP growth rates in national currencies.

The U.S economy grew in dollar terms...but the rest of the world should have contracted?

https://data.worldbank.org/indicator/ny.gdp.mktp.cd
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby AdamB » Sun 30 Jun 2019, 19:30:00

Armageddon wrote:
Yoshua wrote:OECD says that rates are at zero, or close to zero everywhere and that that is all the central banks can do.



We will see 0 and negative rates worldwide indefinitely


Interesting. And someone who wrote this:

Armageddon wrote:you cant blame alex jones for thinking PO is a nwo scam because i think we are headed for the nwo. but i agree, if he researches and investigates PO he will definately agree with the undeniable evidence that PO is real.


obviously is a sucker for any bait dropped in front of them. Turns out it was crap, yet here you are, pimping another stupid idea.

Did you learn anything from your other trip through ignorance that would have us believe you have learned better in pimping anything of value this time?
Peak oil in 2020: And here is why: https://www.youtube.com/watch?v=2b3ttqYDwF0
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Armageddon » Sun 30 Jun 2019, 20:15:15

AdamB wrote:
Armageddon wrote:
Yoshua wrote:OECD says that rates are at zero, or close to zero everywhere and that that is all the central banks can do.



We will see 0 and negative rates worldwide indefinitely


Interesting. And someone who wrote this:

Armageddon wrote:you cant blame alex jones for thinking PO is a nwo scam because i think we are headed for the nwo. but i agree, if he researches and investigates PO he will definately agree with the undeniable evidence that PO is real.


obviously is a sucker for any bait dropped in front of them. Turns out it was crap, yet here you are, pimping another stupid idea.

Did you learn anything from your other trip through ignorance that would have us believe you have learned better in pimping anything of value this time?



There isn’t a NWO group? Haha, ok. I guess all the elites who admitted it are lying. I can’t believe how many gullible sheep there are in this world. It’s no wonder they get away with the things they do.


I guess you didn’t believe in ZIRP for the decade after the 2008 crises?
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Armageddon » Sun 30 Jun 2019, 20:22:28

COLUMN-Central banks stuck with 'ZIRP' for years, maybe decades: McGeever

LONDON, Nov 21 (Reuters) - The window for some of the world’s biggest central banks to follow the Federal Reserve and start “normalizing” monetary policy is closing fast, meaning they may be stuck in a “zero interest rate policy” world for years, or even decades.

The European Central Bank, Bank of England and Bank of Japan are all expected to tighten policy next year by raising interest rates, phasing out asset purchases, or allowing long-term yields to rise.

At least, more than a decade after the Great Financial Crisis forced most major central banks to adopt “ZIRP”, that’s the plan. But it will be difficult to execute if the global economic and market cycles roll over.

https://www.reuters.com/article/global- ... SL8N1XR2SP


Boy, I am sure a sucker to believe such non-sense, huh?
Last edited by Armageddon on Sun 30 Jun 2019, 20:51:28, edited 1 time in total.
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Armageddon » Sun 30 Jun 2019, 20:31:11

Taiwan PMI down to 45.5. Lowest since 2011

Korea, back down to 47.5.

*SOUTH KOREA JUNE CHIP EXPORTS DROP 25.5% Y/Y


Caixin China June Manufacturing PMI 49.4; Est. 50.1

Both large and small companies now contracting in China

#globalcollapse
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Armageddon » Sun 30 Jun 2019, 21:41:05

Australia Manufacturing PMI (June): 49.4 (prior 52.7)
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Armageddon » Sun 30 Jun 2019, 22:30:56

China Slumps Into Full-Blown Manufacturing Contraction Following "Awful" Asian PMI Prints
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby shortonoil » Mon 01 Jul 2019, 07:21:12

DAILY UPDATE (June 30th to July 1st) Bullet Edition No. 12 Is Posted / Nonsense GDP! Despite Extreme Internal Revisions in the Third Estimate of 1q2019 Gross Domestic Product, Total GDP Growth Held Unrevised at 3.1% / Yet, Quarterly Growth in Gross Domestic Income Continued to Collapse, Revising down to 1.0% from 1.4% (GDI Is the Income-Side Equivalent to the Consumption-Side GDP) / Otherwise, Recession Signals Have Accelerated: May 2019 Real New Orders for Durable Goods Sank Month-to-Month and Year-to-Year, Both Before and After Consideration of Faltering Commercial Aircraft Orders / Orders Held on Solid Track for Third Consecutive Real Quarterly Contractions / Retail Sales Benchmarking Showed Weaker Sales Volume 2017 to Date / May 2019 New-Homes Sales Dropped 7.8% (-7.8%) in the Month, 3.7% (-3.7%) Year-to-Year / Existing-Homes Sales Rose 2.5% in the Month, Declined 1.1% (-1.1%) Year-to-Year

http://www.shadowstats.com/

The oil age is ending with a world suffocating in debt. It is now $253 trillion. By 2022 it will be $427 trillion, by 2025 it will be $608 trillion. Petroleum has become just a black stinky substance that can no longer power an economy. The result of depletion; it ends with a dying world in complete, and total bankruptcy.
http://www.thehillsgroup.org/
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Newfie » Mon 01 Jul 2019, 08:59:12

Armageddon wrote:If you want to hear what’s really happening in the auto industry, i’d Advise to listen to this interview. This was before the Ford mass layoff too.

https://m.youtube.com/watch?v=BXJ1Xvmun80&t=14s

18+ months of inventory on some of the most popular vehicles.

Auto and housing is the backbone of the US economy and both are collapsing.


It was interesting but I don’t know they predicted Armageddon. A correction, a recession, yes.
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby AdamB » Mon 01 Jul 2019, 09:34:55

Armageddon wrote: I can’t believe how many gullible sheep there are in this world. It’s no wonder they get away with the things they do.


As I asked before, have you learned anything from being one of them, that would make any analysis or commentary you say now of value? Or are you still just one of those sheep, spewing across the forum whatever you fell for this week?
Peak oil in 2020: And here is why: https://www.youtube.com/watch?v=2b3ttqYDwF0
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby AdamB » Mon 01 Jul 2019, 09:38:09

Armageddon wrote:Boy, I am sure a sucker to believe such non-sense, huh?


When you are pretending that stock or market movements are the sum total of a collapse argument, yes.

Obviously you avoid any news that doesn't feed into your uni-directional gullibility.

Stock market within inches of new record!
Peak oil in 2020: And here is why: https://www.youtube.com/watch?v=2b3ttqYDwF0
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby AdamB » Mon 01 Jul 2019, 09:40:52

shortonoil wrote:The oil age is ending with a world suffocating in debt.


You were spewing the same line 15 years ago, with less oil available and less debt.

Can you sing ANY other tune?
Peak oil in 2020: And here is why: https://www.youtube.com/watch?v=2b3ttqYDwF0
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Armageddon » Mon 01 Jul 2019, 10:20:47

US construction spending unexpectedly fell in May As forecast @Quillintel Public construction projects fell 0.9% after April’s 4.5% spike...state & local government slipped 0.6% after jumping 4.3%...federal tumbled 5.2% after April’s rise of 7.3%.
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Armageddon » Mon 01 Jul 2019, 10:22:56

US residential construction spending fell 11.16% year over year in May.
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Armageddon » Mon 01 Jul 2019, 10:24:56

The Institute for Supply Management said its manufacturing index slipped to 51.7% in June from 52.1% in the prior month. U.S. manufacturers grew in June at the slowest pace in more than two years


Contraction on the horizon
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Armageddon » Mon 01 Jul 2019, 10:28:00

Global manufacturing PMI second reading below 50
Drops to 49.4


Europe and most of Asia are near 0% interest rates. Central
Banks are out of ammo.

Print till infinity.

#gotgoldandsilver?

You better have
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Armageddon » Mon 01 Jul 2019, 11:18:43

GERMANY JUN FINAL #MANUFACTURING PMI: 45.0 V 45.4E (confirms 6th straight contraction)

Australia Manufacturing PMI (June): 49.4 (prior 52.7)


Worldwide depression brewing
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Re: Stock Market Crash! (merged) Pt. 7

Unread postby Armageddon » Mon 01 Jul 2019, 11:52:57

Those U.S. Jobs Revisions Are Hard to Ignore March payroll gains revised from 196,000 to 153,000 & April from 263,000 to 224,000 peak...may have been March and that the low initial increase reported for May of just 75,000...could be negative upon revision.

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