The Fed Just Announced The Final Confirmation That The Economy Is About To Crash - Episode 1318a

in economy •  8 years ago 

Retailers are now starting to fight among each other as the retail industry breaks down. The Fed just made it harder for students going to college, the rates are going up.

Pending home sales decline as mortgage application decline even further. Trump is now cutting the budget and putting a hiring freeze in government.

The Fed just confirmed that there is a major disaster coming, Yellen has stated that the banks are strong and we will most likely not see a financial crisis in our lifetime.

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  ·  8 years ago (edited)

The crash has been said for a thousand times and I still don't see it

Come here and live my life, the crash as begun in the early 2000 and its going faster every year. Look at my wallet, empty, as always. When I look at my pay check, it looks like I work for the government, without the advantages. Starvation is a daily feeling, easy money is going away.

  ·  8 years ago (edited)

Been waiting for a while. Maybe she meant in her lifetime

Something is creeping up on us.

Thanks Dave. Upvoted and resteemed.

We are definitely headed for a collapse . Just read wall mart won't work with truckers that also deliver for amazon. I would say retailers are now beginning to fight amongst themselves. The retailers have already lost 9000 plus retail stores and growing. Fed says we doing alright well that means time to panic and start buying physical metals NOW.

Waiting for the crash.

Wow. Where did you hear about Walmart saying this to Amazon about the trucking?

Geez, about time.

I though it will take some more time ... the time to enjoy the summer with my children...

it's a slow slow crash. You'll see an event soon, QE, and the total collapse by end of summer.

No, they will make it last for a while... China is not yet ready to take the lead. Still 2 years to live this worst "recovery". But you can feel the pain in the streets, and some sheep are waking up. The next few years will be fascinating, economy, politics and wars... and maybe not war as we think. More of ghetto wars or civil wars. I see a 10 years of mayhem ahead!

No, we'll see a major event by August. Watch. Likely a big war too.

Thanks Dave, Your so right Ben said everthing was fine, and look what happened, The fed always says were trying to save the economy, no only save the banks,

I can feel the collapse. Seriously, it will happen soon.

Who told "the wall will stand for an other 100 years"? Yes, Erich Honegger. The wall was gone some month later and Honegger too.....
Yellen? Take a wild guess...

The Fed must feel they have total control of financial asset prices to make such a claim. Hahaha ... ha, not for long.

Wall mart saying they wont do business with those shipping for Amazon mean's Walmart is terrified Amazon is going to eat their food. If I was a shipper I would side with Amazon. Don't get me wrong Amazon is going to eliminate as many job's as possible. Self driving trucks, drones flying warehouses etc, however I can't stand Walmart so perhaps I'm biased.

What will be really amazing if the economy crashes again with over 90 million citizens already out of work, how many more will become unemployed and we already see retail stores in this country closing down. If retail is already struggling, and then there is even less money for people to spend there will be very little the fed/ gov will be able to get the economy started again, except of course to point at another country and start a war. Seems historically this how they fix their problems now.

Is Walmart really that much worse than Amazon? Possibly worse to their employees, but look at the overall effect that Amazon has on small business. Many of the people who boycott Walmart have no issues with shutting down their local shops in town, to gain the convenience of free delivery or to save a buck. I buy local whenever possible. My gas savings I pay to the local shop that greets me with a smile and really means it when they say that they appreciate my business. Just my thoughts. @jbcoin

Lol, no more money to fund the national casino.

Interesting financial collapse news like usual. Upvoted and resteemed.

The Federal Reserve statement about US Banks just gave the banks the authorization to take more from us. Banks stocks will rise, customer fees will rise. Will it cause a Crash? I don't know, but it will be a wealth transfer from 99% to top 1%, again.