Showing posts with label collapse. Show all posts
Showing posts with label collapse. Show all posts

Wednesday, May 10, 2017

Connecticut State Capital Prepares For Bankruptcy Amid Collapse In Hedge Fund Revenue

It's not just the manufacturing rust belt states (e.g., Michigan, Illinois) which are being hollowed  out by a collapse in the economy.  Apparently the monied class in hedge fund hypocenters such as Connecticut are also struggling with bankruptcy.

http://www.zerohedge.com/news/2017-05-10/connecticut-state-capital-prepares-bankruptcy-amid-collapse-hedge-fund-revenue

Friday, September 2, 2016

"Tremendous Ripple Effects" - Retailers Demand Bailout After Hanjin Collapse Paralyzes Trade

This could be the black swan that causes commerce to collapse, earnings to nose dive, and markets to plummet.  At the very least, it will be painted as a disaster, justifying an imminent bursting of the bubble.

http://www.zerohedge.com/news/2016-09-02/ripple-effect-could-be-tremendous-retailers-demand-government-bailout-after-hanjin-c

Thursday, June 30, 2016

Imports Collapse At East Coast Ports

Imports are collapsing--just another side of an "improving economy".  Sarcasm intended.

http://www.zerohedge.com/news/2016-06-29/imports-collapse-east-coast-ports

Friday, October 2, 2015

Silver-coin shortage shows bright side of precious metal collapse

This CNBC reporter correctly exposes the severe shortage in physical silver but incorrectly attributes it to soaring demand from "mom and pop" investors, as if we're somehow unsophisticated, misguided hayseeds who fell off the turnip truck.  She knows nothing of the bifurcation of COMEX paper silver prices and physical silver pricing, which are carrying huge premiums above spot price.  There is a reason why premiums are soaring.  Get a clue, Marcy.

Or maybe she does know what's going on, but is paid to publish misinformation.

http://www.cnbc.com/2015/09/30/reuters-america-silver-coin-shortage-shows-bright-side-of-precious-metal-collapse.html?ref=yfp