Archive - Oct 2015 - Story
October 31st
ISIS Releases Video Of Alleged Russian Airplane Mid-Air Exposion After It Claims Responsibility For Disaster
Submitted by Tyler Durden on 10/31/2015 22:31 -0500ISLAMIC STATE CLAIMS RESPONSIBILITY FOR RUSSIAN PLANE CRASH IN EGYPT
In other words, a proxy organization of US "shadow government destabilizing operations", trained in U.S. ally Turkey, and openly funded by both U.S. allies Saudi Arabia and Qatar, just took down a Russian plane.
Congresswoman Calls US Effort To Oust Assad "Illegal," Accuses CIA Of Backing Terroists
Submitted by Tyler Durden on 10/31/2015 21:50 -0500"The US and the CIA should stop this illegal and counterproductive war to overthrow the Syrian government. It puts us in that position of a possible head to head conflict with Russia which brings us... to the brink of a World War III-type scenario."
Analyst Warns Of Turbulence: "Geopolitical Dislocations Could Result In Key Resource Supplies Disappearing"
Submitted by Tyler Durden on 10/31/2015 21:10 -0500Instability pervades the entire system, encompassing everything from financial markets to social safety nets. And while it is easy to ignore the seriousness of current events because stock markets remain at record highs and mainstream pundits continue to toe the recovery line, the fact is that an unexpected and seemingly minor event could well send the entire world into a tailspin.
Fed Admits "Something's Going On Here That We Maybe Don't Understand"
Submitted by Tyler Durden on 10/31/2015 20:35 -0500In a somewhat shocking admission of its own un-omnipotence, or perhaps more of a C.Y.A. moment for the inevitable mean-reversion to reality, Reuters reports that San Francisco Fed President John Williams said Friday that low neutral interest rates are a warning sign of possible changes in the U.S. economy that the central bank does not fully understand. With Japan having been there for decades, and the rest of the developed world there for 6 years, suddenly, just weeks away from what The Fed would like the market to believe is the first rate hike in almost a decade, Williams decides now it is the time to admit the central planners might be missing a factor (and carefully demands better fiscal policy).
Another Black Swan? Turkey Holds Snap Elections Amid NATO-Backed Civil War
Submitted by Tyler Durden on 10/31/2015 20:15 -0500There’s a potential black swan event taking place in Turkey on Sunday and no one seems to care. That is, the media isn’t devoting nearly enough coverage to Turkish elections considering the impact the outcome will invariably have on the situation in Syria, on the fate of the lira, and on the Pentagon’s strategy with regard to embedding spec ops with the YPG.
Crude Supertanker Rates Collapse As VLCC 'Traffic' To China Lowest In 13 Months
Submitted by Tyler Durden on 10/31/2015 20:00 -0500A few days ago we warned, confirming Goldman Sachs' earlier analysis that the world was running out of space to store crude distillate products, that China was running out of storage space for crude oil as it dramatically ramped up its Strategic Petroleum Reserve 'buy low' plan. While the brightest indicator at the time was "about 4 million barrels of crude oil stranded in two tankers off an eastern port for nearly two months," this week, the dial went to 11 on the oil-demand-fear-o-meter, as Bloomberg reports supertankers sailing to Chinese ports plunged to its lowest in 13 months, sending the daily rate for shipping crashing. The marginal demand-er of last resort just left the market.
Mario Draghi Admits Global QE Has Failed: "The Slowdown Is Probably Not Temporary"
Submitted by Tyler Durden on 10/31/2015 19:25 -0500"The conditions in the economies of the rest of the world have undoubtedly proved weaker compared with a few months ago, in particular in the emerging economies. Global growth forecasts have been revised downwards. This slowdown is probably not temporary."
Should America Fight For The Spratlys?
Submitted by Tyler Durden on 10/31/2015 18:50 -0500It appears that Washington, ever a seething cauldron of bright ideas, is looking for a shooting war with China, or perhaps trying to make the Chinese kowtow and back down, the pretext being some rocks in the Pacific in which the United States cannot possibly have a vital national interest. Or, really, any interest. If Washington somehow won a naval war with China, so what? It would provide the satisfactions of vanity, but China’s danger to the US imperium lies in increasing economic power and commercial expansion through Asia, where it holds the high cards: it is there, Washington isn’t.
After The Novelty Of McDonalds' All-Day Breakfast Wears Off
Submitted by Tyler Durden on 10/31/2015 18:35 -0500They appear to have resorted to a 'new' dollar menu item...
Mainstream Media Looks In The Mirror
Submitted by Tyler Durden on 10/31/2015 17:40 -0500Could Not Be Clearer...
Blatant Gold/Silver Manipulation Reflects The Complete Corruption Of The U.S. System
Submitted by Tyler Durden on 10/31/2015 17:05 -0500The only way that the Fed and the politicians can claim that the economy is “fine” and QE “worked” is to make sure that the one piece of obvious evidence which would say otherwise is kept highly restrained. The manipulation of the gold and silver market is a nothing but a product of complete systemic corruption.
Goldman's 4 Word Summary Of Q3 Earnings Season: "Adequate Earnings, Dismal Sales"
Submitted by Tyler Durden on 10/31/2015 16:28 -0500
The Power Of Fear & The Gullibility Of The Masses
Submitted by Tyler Durden on 10/31/2015 16:00 -0500It was 77 years ago this week that Orson Welles struck terror into the hearts of Americans with his live radio broadcast of the HG Wells classic War of the Worlds. What struck me while watching the PBS retrospective were the similarities between then and now. The gullibility of the masses, the power of fear, the overreaction by the media, busy bodies calling for the government to do something, and the effectiveness of propaganda are all commonalities between that Fourth Turning and today’s Fourth Turning.




