Aug 18

– 8 Reasons Why The Telegraph Thinks The Market Doomsday Clock Is One Minute To Midnight (ZeroHedge, Aug 18, 2015):

“Time is now rapidly running out,” warns The Telegraph’s John Ficenec as the British paper takes a deep dive into the dark realities behind the mainstream media headlines continued faith in central planning. Sounding very “Zero Hedge”, Ficenec warns that from China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.

There are signs things could get a whole lot worse.. (via The Telegraph)

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4 Responses to “8 Reasons Why The Telegraph Thinks The Market Doomsday Clock Is One Minute To Midnight”

  1. Marilyn Gjerdrum Says:

    Time is running out? It has run out, and the only people who don’t seem to know it are the corporate paid talking heads. They have shut down the Wall Street Journal’s stellar reporters, they are out of work…….only corporate stooges need apply.

    China’s stock market continues to plunge according to Aljazzera, the only remaining honest reporter of news in US media. US media talks about how good Home Depot stock is doing thanks to the improved housing market.

    The global economy is already crashing, the propaganda mills are working overtime to hide it. The crooks in control of Wall Street do all they can to keep it going up……Two weeks ago tomorrow, the stock market closed down 151 points. 15 minutes later, it was readjusted to 91 down……an amendment after the bell of $60 billion dollars. Usually, a change at the last minute can amend the final reading a point or two, never by $60 billion. They are rigging the market and no longer care who knows it…….they are rapidly running out of tricks.

    The idea regulators could be responsible for the next crash is laughable, they were instrumental in the last one. S & P and Moodys gave sub prime mortgages A++ ratings when they knew they were trash. Moodys exported Enron accounting to the world, and nations picked it up eagerly…..What just happened in China is a result of such accounting……Also, the Euro zone…..it is one big bag of air with nothing left to keep it inflated, it is full of holes.

    Global stock markets jolted by China’s devaluation of its currency? In this, I agree, China was the big domino, and it is taking the rest of the global players down with them, especially the greedy guts who poured all their MFG wealth into China for slave labor.

    The greedy gut TV channels had an options scumbag on this morning pitching how greedy Americans can play options on Apple’s loss of income and GET RICH. Options ought to be made illegal, shorting is bad enough.

    The system is failing because all economies had only one product left to sell………debt. Debt is only debt, and once it become apparent the debtors cannot pay, the debts become useless.

    Good article, but all I can say is that it is already upon us…..

    MSM has done a good job of convincing the idiots who drink from their fountain of crap that Aljazzera is an awful, Arab based propaganda mill.

  2. Marilyn Gjerdrum Says:

    Chinese beginning to panic……Fear has a nasty habit of growing like a cancer……..
    http://www.theguardian.com/business/2015/aug/18/china-shares-plunge-fears-government-support-central-bank

  3. Marilyn Gjerdrum Says:

    Another stress put on the Euro “strong man” who also has debt to GDP well in excess of 100%. 750K asylum seekers from war torn & impoverished countries are the last thing Germany needs right now……

    http://www.theguardian.com/world/2015/aug/18/germany-asylum-seekers-huge-increase-predicted-government-sources

  4. Marilyn Gjerdrum Says:

    Chinese jitters extending across the globe……

    http://www.theguardian.com/business/2015/aug/18/china-stock-market-plunge-yuan-devaluation

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