URGENT: Chaos on Wall Street!! Wall Street Stock Market Falling Dow Down -363! (Video) What's Your Disaster Plan?
URGENT: “Wall Street Stock Market Falling” Down -363!
27 Jan 15
Plenty of excuses for this fall, and when you add them all together, we have a major problem.
U.S. stock index futures furthered already steep declines after data had orders for U.S. durable goods unexpectedly falling in December, adding to a bearish view as corporate earnings disappointed.
Orders for business equipment fell 3.4 percent last month, illustrating the slowing global economy is impacting U.S. multinationals.
Separately, home prices in 20 cities rose 4.3 percent in November, according to the S&P/Case-Shiller index of property values.
Earnings season is poised to gather steam this week, with some of Wall Street’s biggest names lined up to report. Apple releases its earnings after the close on Tuesday, with analysts expecting the tech firm to beat consensus. Read more
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Whistler Blowers, Insiders
it was down 291 points today, when you consider that it is still well over 17,000, 291 points is NOTHING.
if you had $17,000 and you spent $291 would you say that your economic situation was in chaos and that you were facing a serious financial problem? would you say that your economic situation was in steep decline?
The economy is in decline, and it is in a steep decline at this point.
When inflation is accounted for honestly, we have had negative growth throughout almost all the 21st century.
http://www.shadowstats.com/alternate_data/inflation-charts
http://www.shadowstats.com/alternate_data
The validity of the shadowstats information is seen in the numbers of working-age Americans without jobs, the number who could only get part time jobs, the numbers dependent on the SNAP food program, gasoline consumption, the average age of cars on the road.
And the record-low velocity of money.
Overall and in the long run, stock prices indicate nothing except how fast the banks are “printing money.” Production and profits increased greatly between 1929 and 1954. Stocks broke even.
Your 17,000 level is the result of nothing but “money printing,” and it has nothing to do with the real economy.
Orders for durable goods dropped by 2.1% in November and by 3.4% in December. That’s the real economy.
Take a look at this http://research.stlouisfed.org/fred2/series/BASE/ and notice the monetary base was 800 billion in 2005 and ten years later it is 4.1 trillion.
Other nations are dumping the US dollar as fast as they can. Our factories are overseas. We have fewer manufacturing jobs than we had in 1940. Our infrastructure is crumbling, the west is running out of water.
We have counterfeit science, counterfeit history, counterfeit news, and counterfeit money.
And we have a total collapse in progress.
Transparency is the key; honesty is the way
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