Has anybody noticed the U.S. stock market decline?

a reply to: stellawayten

Am I wrong when I think that we could avoid much of the problems involved with the Shemittah if we just had a worldwide jubilee and wiped the slates clean of debt??? I know the two are linked, but it does seem like for the past seven or so years, it's been our hardheadedness dealing with the debt (not loosening the terms, making unreasonable demands, ect) that's dug us deeper into debt.
after all this all started with the housing debt. it the gov't had stepped in when they first realized the true nature of the problem, paid off on all of the house in the country, Clearing all those securities, they would have had the means to renegotiate the terms to the homeowners with alot more freedom than they do now, even the option of reducing the principle. the loss in the derivitives market wouldn't have been so great, the fraud involved in the whole mess never uncovered so our integrity would have had less of a hit, and well, it would have cost less money, there would have been less empty houses reducing the values of their neighboring homes, and probably more people employed!

a reply to: xuenchen

Since paper money is no longer really tied to a gold standard, our "money" is not real, it's just an abstraction. Because it's an abstraction it can be continuously be manipulated, until the manipulation becomes so convoluted it can no longer be controlled. I think thats where we are now. We are headed for a hard awakening to this fact, unfortunately. I wouldnt buy gold at this point, I would do survival prepping. Money in the near future may be a barter system.

a reply to: openminded2011

the more off course the economy goes, the more wealth the super rich tend to accumulate...
and well, you know how they love their gold plated plumbing fixtures......

a reply to: xuenchen

A big selloff has been predicted for some time. In fact, you can't listen to most afternoon talk shows without at least one commercial every hour warning you to move your investments to gold.

Since we have no gold standard and everyone really relies on their "good faith and credit" to support their monetary systems, it doesn't take much of a scare to rattle the markets.

You do know that China started tinkering with their currency (devaluing), which made imported goods more expensive overnight.

There has been talk of something big happening to devalue the dollar and tie the price of oil to another currency. That would really suck for us.

a reply to: Freenrgy2

"There has been talk of something big happening to devalue the dollar and tie the price of oil to another currency. That would really suck for us."


Lets hope not, wars have been started for much less.

a reply to: xuenchen

Maybe it has something to do with china devaluing their currency.

originally posted by: stellawayten
Are you serious? Have none of you heard of the Shemittah? This happens every 7 years.Google it.

Not mentioned here, but certainly part of the equation to this collapse. 30 years ago my dad told me the market goes up and down every 7 years. Really just a fact in all our lifetimes.

I am sorry for people who will lose their retirements. But really, is it that big of a surprise? The big talk for years now about "emerging markets", how great China is to do business in, wars for oil. Investing in everything but americans and now they are broke and no extra money to spend on shiny objects.

Markets go up and down. the more money that flows into the market the larger the swings will end up being. China just needs to get its stuff together, they are causing the panicky ones at Wall Street to well panic. The time to buy is when the market is low, so you should be looking for good buys now and jumping in. If your poor, you can just whine about the end of the world and hope it evens things out. My gut says you will be waking up next week and still be poor and the world will keep going. We shall see.

V

a reply to: Variable

Even ignoring all the talk of doom and gloom this is the end talk . The talk among many is that the market is due for a correction. Overvalued and should be closer to 13,000 or whatever number you think.

Even looking at it like this that would be pretty terrible advice, to get in now as it's low. A lot more than just China causing concern. People will believe whatever they want. But I would highly recommend anyone thinking of getting in since its low to look at the overall picture before doing that. Beyond China.

hi guys, just wanted to contribute this video:
www.youtube.com...
i know its 16 minutes, but watch it please.

and then of course..
www.marketwatch.com...

just find it interesting.

good day.

originally posted by: beezzer
a reply to: xuenchen

But #Something!

Rome is burning. It has been for quite some time.

We're just starting to feel the heat is all.

yup, pretty soon youll be a rabbit stew. Or maybe mr elmer fudd will show up saying "Im hunting wabits" but in reality its martial law while someone in office becomes king rex.

Despite me being cryptic, I think the message has been delivered, that is, if you see the allegory/ metaphor.

That said...

Me thinks someone's prediction is coming true...

a reply to: xuenchen

It is ridiculous but the price of crude oil is tied closely to the stock market. The lower crude goes the more the markets decline. Kind of f'd up but that's how it is

originally posted by: dawnstar
a reply to: ketsuko

don't really have one of them critters either.....
I'm wondering if that isn't what happened, too many buyers stopped buying-- you don't buy if you don't have money, and they are finally realizing that the whole thing is rippling down to even those countries that manufacture along with those that provide the natural resources.

isn't this global economy just grand?? we start with a mild cold and well by the time it's all done and said the whole world has Pneumonia.

I agree. Sooner or later in a bad economy folks don't have spending money like they used to.

Yellen hinted that the interest rate will go up a tiny tick next quarter, it might be from that

Why Raise Rates Now?

The US Federal Reserve is playing with the idea of raising interest rates, possibly as early as September this year. After a six-year period of virtually zero interest rates, a ramping up of borrowing costs will certainly have tremendous consequences. It will be like taking away the punch bowl on which all the party fun rests. .....

.... Why then do the decision makers at the Fed want to increase rates? Perhaps some think that a policy of de facto zero rates is no longer warranted, as the US economy is showing signs of returning to positive and sustainable growth, which the official statistics seem to suggest.

Others might fear that credit market investors will jump ship once they convince themselves that US interest rates will stay at rock bottom forever. Such an expectation could deal a heavy, if not deadly, blow to credit markets, making the unbacked paper money system come crashing down.

In any case, if Fed members follow up their words with deeds, they might soon learn that the ghosts they have been calling will indeed appear — and possibly won’t go away. For instance, higher US rates will suck in capital from around the word, pulling the rug out from under many emerging and developed markets.

mises.org...

originally posted by: MystikMushroom
I wonder when it all crashes down again, if this time private corporations will step in to save us all instead of governments?

Then we'll have one of those corporate dystopian futures like in Robocop ... everything is owned by the "corporation" because they bought it all up and saved us all from economic ruin.

I think it has been heading there for a long time.

THE SHEMITAH COMETH!! THE NATIONS WHICH TURNED THEIR BACKS ON GOD SHALL BE JUDGED FOR THEIR SINS. NONE MORE SO THAN THE HOMOSEXUAL LOVING, IDOL WORSHIPING, BABY ABORTING, BLASPHEMOUS SPEAKING, PORNOGRAPHIC WATCHING, CHRIST CENSORING AND LYING HEATHENS WHO DEFILE GOD'S WILL AND NATURE ITSELF. SATAN AND HIS BROOD (THE EDOMITES - JEWISH SECT OF CAIN) HAVE WARPED YOUR MIND AND TURNED YOU AWAY FROM HIS LIGHT WITH THEIR GREAT AND WICKED POWERS. DARKNESS IS AT CRITICAL MASS AND HIS SALVATION MUST BE WROUGHT.

LISTEN TO THE SIGNS OF SATAN'S ACOLYTES - "DESECRATION OF THE BRIBE AND ARRIVAL OF FALLEN ANGELS".

LISTEN TO THE SIGNS OF GOD'S TRUE CHOSEN. OH RABBI CHAIM KANIEVSKY, THE MESSIAH RETURNS FOR BATTLE?

YES THE DAY OF YOUR RECKONING NEARS WITH THE LAST MOON OF BLOOD. THE FINAL HORSEMAN APPROACHES THE STARTING LINE.

"THEY" WILL "FLY" AMONG US AND "THEY" WILL DESTROY ALL WICKEDNESS.

PRAISE THE LIGHT; SEEK FORGIVENESS WHILE YOU CAN!

a reply to: TheLegend

Whats going on is either divine in nature or it is the manifestation of epic human stupidity i.e manifest destiny,as time goes on Im starting to lean towards the former using the latter to judge us

a reply to: TheLegend

Time to buy stock in The Vatican !!

a reply to: xuenchen

maybe not

a reply to: Semicollegiate

....Why Raise Rates Now?

The US Federal Reserve is playing with the idea of raising interest rates, possibly as early as September this year. After a six-year period of virtually zero interest rates...

because... being in the USAs world-reserve-currency role. AND being the first to raise rates...
will automatically cause Trillion$ of regulated, sovereign Bond & Treasury Issues to be snapped up by regulations of the Corporations or Municipalities governing their treasury holdings....
by laws, mutual funds, cities/towns/ governments/ corporations must procure the best rate possible of the best rated bond available ... (fiduciary duties are explicit, not like the vague allowances of hedge fund managers)


with the whole G-20/Industrialized world switching to USA Treasuries from the degraded EU paper,
(and any other paper from Germany-India-Russia or whatever)
that will be a SUPER massive swap of money...

can we think in terms of ~ 10 Trillion in wealth being deposited into the USA treasury with the FED immediately presenting the $4Trillion they have on their balance sheet for payment

ONLY the first and most prominent fiscal-financial powerhouse central bank could or will pull this off...
as other nations step up to deliver the increased interest rate, only then will there be any movement out of the best-of-best paper,,, it might take 6 months or more for all these entities to swap-out their present Aaa rated bonds for AAA required bonds & Treasuries from the USA


This scheme is another reason for the 'de-dollarization' policies of China+Russia & the BRICS in general ... because they figured it out years ago too.... currency wars are escalating now, huh