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View Full Version : presidential meeting means a catatrophe is happening somewhere



Large Sarge
21st August 2013, 02:21 PM
http://www.shtfplan.com/headline-news/presidential-meeting-signals-catastrophic-event-there-is-a-crisis-unfolding-somewhere-in-the-background_08212013

Large Sarge
21st August 2013, 02:45 PM
more voices join in, disaster looms

http://www.silverdoctors.com/are-you-prepared-for-the-economic-disaster-ahead-predicted-by-this-weeks-potus-banker-meeting/

gunDriller
21st August 2013, 03:16 PM
"We are seeing a plunge in global shipping, a halt in consumer spending, and perhaps most importantly, a significant rise in interest rates and the US government’s borrowing costs."

shipping - Baltic Dry Index -
http://www.bloomberg.com/quote/BDIY:IND

currently at the higher end of its "Depression Range" - but still at Depression levels.


halt in consumer spending, e.g. Walmart reporting a decrease in revenues.

interest rates back to where they were 2 years ago, but still higher than in 2008-2009.


EU banks - e.g. Deutsche Bank - holding steady
http://finance.yahoo.com/echarts?s=DB+Interactive#symbol=db;range=my;compar e=;indicator=volume;charttype=area;crosshair=on;oh lcvalues=0;logscale=off;source=undefined;


Hmmm ... wonder what President Geri Curl is talking with his ministers about ?

madfranks
21st August 2013, 03:40 PM
Hey - no big deal, the Fed will buy up excess treasuries to keep that interest rate nice and low.