Central Banks Selling US Treasuries As Fight Over Debt Looms
Central banks have been dumping US Treasury
bonds because of the debt ceiling problem and the Tea Party will shut
down the funding if they have their way. This is illustrating the entire
problem. The debt ceiling only ever rises. We will see a rise in
taxation and this will help to collapse the US economy and thus the
world. These people we call “representative” only represent themselves
and they have no solution to this Sovereign Debt Crisis. It certainly
looks like we will be seeing that blast to new highs next year. So hold
on tight. This may even hurt a bit.
German Industrial Production Collapses by 4%
The other side of 2015.75 is not going to be pretty. The German industrial production report dropped 4% from July to August versus an expected decline of 1.5%. This is a hugely alarming month-on-month drop, which happens to be the largest drop in the past five years. This new revelation is shocking since there was a 2.8% drop on the same month last year. Everything is turning down hard from factory orders onward, and now we have the VW scandal. The resale values on Volkswagen’s diesel cars in the U.S. have collapsed by 13% according to Kelly Blue Book.
Germany is the core of the European economy. Our models warn that we are looking at a very steep economic decline and this contagion will now infect the USA with the turn on 2015.75. This is no time for Germany to get caught up in refugees; the weather in Germany will be colder than last year and the refugees are not suited to cold weather.
“The Forecaster” in Greece, Canada, and Sweden
The debut of “The Forecaster” in Greece was very interesting. The live broadcast in Athens went out to 38 countries. The film has appeared on airlines crossing the Atlantic, and on TV in Canada and Sweden. The film has been successful in raising awareness on the issues we face with manipulative politics, the banks’ outrageous control over government, and how our future continues to deteriorate all because of massive corruption.
British Govt. Posts Snipers On Building During Anti-Austerity Protest
The Manchester Evening News captured a shocking revelation: the British government placed snipers on the rooftops of buildings during an anti-austerity rally. More and more people are now starting to wake up to the abuse of government and this trend will pick up steam on the other side of 2015.75.
Money & Politics: The Corrupt System is Starting to Come to a Head
It was very refreshing to watch Dylan Ratigan lose it on TV when discussing the corrupt political system. Ratigan reminds viewers that our corrupt politicians, who are bought and paid for by special interest groups, are the reason why our government is incapable of accomplishing anything. The president cannot serve more than two terms, so why do we tolerate judges and members of Congress who serve for life? We must be totally insane.
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