The US equity market is suffering its worst start to a year since 2009…
In the space of just six days, we went from record high to a ‘correction’ (over 3,000 Dow points and down over 10.5%)…
What is most ominous is the fact that, as NatAlliance Securities reports, “This would be only the second time in history that this has happened. The other? 1928.”
In other words, the only other time the Dow Jones entered a correction this fast from an all time high was months before the start of the Great Depression.
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End the FED………
are you kidding? they’re just getting started. all those corporations and industries, begging the fed to print up money and buy them out ….
A zero buying a zero. That should work.
All those shrink wrapped pallets of $100 dollar bills sent overseas to Vietnam, Iraq, and Afghanistan over the years have been tracked and are about to be CANCELED.
Overseas $100 bills will be canceled-vaporized, soon.
Bills and converted assets from the pallets that enter the U.S. will be seized.
Open your eyes, folks.
The United States of America *is* the promised land.
Are you out of your mind?
The FED is great!
They’re gonna default and leave the Red Communists holding the bag.
Wait.
They already did with negative rates.
https://www.cnbc.com/2020/02/26/treasury-yields-climb-from-record-lows-as-investors-monitor-coronavirus-fears.html
Surely this is THE EVENT.
some people are hoping it is. “oh please oh please oh please ….”
Some people have never been in a Mad Max reality…
I am very thankful for that. I just think we have a long way to go.
Donkey…HOLD…the dawn always creeps in with some silver light…
Mark,
I think we end up with debt jubilee and a worldwide digital currency (which will be tied to 666). Both of those serve those at the top.
Donkey,
No doubt a world block chain Luciferian controlled currency is eventually coming, the 4 horses will gallop…matter of fact I can hear the hoofs of one of them right now, there will be 10 Kingdoms, (UN 10 Zones), and a little horn will rise from among them, a one world religion is forming and much more…all prophesied…remember this…there are always martyrs, and there are always a Remnant – those two will enter by the narrow gate…everyone else the vast majority will enter by the wide gate. Two completely different eternal destinations.
Have you ordered that book…DR. Chuck Missler will fill you in better than I could ever dream of doing.
“so what’s the plan?”
“‘plan?’! … (laugh) there ain’t no plan!”
Come on gmag…pull your head out of your high altitude, no prep, zero self-sufficiency, no hard assets, non-plan…there is always a REMNANT!
Notice the last three letters of REMNANT are ANT…not AIN’T.
Your always posting as a REMNANI’T.
You want to be a grasshopper…good luck with that playing there “AIN’T NO PLAN” fiddle.
Proverbs 6:6-8: Go to the ant, O sluggard, Observe her ways and be wise, Which, having , Prepares her food in the summer And gathers her provision in the harvest.
Let me make it real simple:
https://www.youtube.com/watch?v=FTCFUwLPe5g
Is the correction a distraction from the virus or vice versa? They had telegraphed a correction some years ago. I posited that since we have heard this economy can’t go on, that this is the takedown of the market or America or globalism. Sort of to say, show’s over folks, goodnight. What a classic showbiz ending – leave ’em begging for more.
So will the rioters be wearing masks and nitrile gloves? Who is Tom Joad? Is the correction a virus distraction or vice versa? This shit has been building for a very long time….
Methinks that when you add in the locusts we have some horsemen running around. Que songs of Armageddon….
I remember for years here on TBP many saying they wished for the big collapse to hurry along and get it over with. If we live through the turmoil, it will be a glorious new time of boom and expansion. Unless they really plan to reduce the population by 5 BILLION, then I’m guessing it will just be desolate.
7.3B according to the Georgia Stones. Then it’ll only be the rich inheriting the earth. If you look at the arc of population growth, those extra 7 B people came after Columbus came to America. Big mistake, Cristofer.
Honorable SoonjiraSan- The guide stones are a prop for the next installment of “As The Flat Earth Turns”. Plan is 2B left after the big collapse.
I gave a friend the lecture on being in the rigged casino last week, told them it could all vaporize in the blink of an eye, they will be unable to cope if that happens. Many will be in the same boat.
I was one of those. Now not. Im too complacent and like my ac, heat, and general lifestyle. I prefer we just vote out the idiots vs ending it all…seems easier….but we are all too lazy and too stupid so i guess it will all end….
Anon- I don’t know but those with any will to survive have prepared as best they can, I hope. Will have to see what Monday open/futures look like and hopefully it isn’t the end just yet.
The pensioners better start praying their fund managers know how to short.
the pensioners better know how to short.
Short pensioners have no reason to live!
?
Piss poor timing for a stock market story.
Treasuries went negative yesterday and the whole world is in denial!
https://www.cnbc.com/2020/02/26/treasury-yields-climb-from-record-lows-as-investors-monitor-coronavirus-fears.html
https://quotes.ino.com/charting/?s=INDEX_DJI
The Great Depression was a cake walk…..compared to the coming Greatest Depression. Why? Because they were real men and real women back then. Todays snowflakes, cannot boil water, think meat comes from the grocery store, are gender confused, have no idea how to plant or grow a crop, Nor change a simple light bulb. This is gonna be one big shit show in comparison to the strength of the people in the Great Depression…..
This was made before Trump gave his virus press conference yesterday and Mannarino predicted exactly what Trump was going to say about the FED…to a T.
He has an indisputable prediction record…wrong about the FED’s moves only once in years that I know of.
This chap a very funereal look about him.
He is also probably correct in his analysis – energy sector looking very fragile.
America runs on fuel (energy) and financials (paper shuffling).
Everything else is tertiary/manageable.
Vaporize billions in physical $100 bills around the world and shave another point off the U.S. Treasury and the world crashes 10x worse than the U.S.A. crashes.
I can live with that.
I watched a few of his early videos but quit watching.
Greg blows away the low-information financial writers that appear on TBP.
However, politically, he is out of his league.
Greg does not grasp the physical $100 bill rules the world outside the USA. All those pallets of shrink wrapped $100 bills sent overseas to gangsters and questionable countries for the last 50 years could be VAPORIZED with the stroke of a pen, and I bet a good deal of it already has been.
Yes, the physical $100 bill could be VAPORIZED, certainly overseas for starters. Any U.S. real estate and assets purchased with shady overseas $100 bill “trap money” gets seized, period. Trump will be “more flexible” in his second term!
There is simply no counter move to that. That is why I LOVE the FED.
Any amount of DEBT and POLITICAL CIRCUS is worth the price if it forces a reckoning with the world, because it’s all FIAT MONEY residing in the U.S. Treasury.
And yes, T-bills are now effectively negative:
?