Sam Zell:"We Are Already In Recession"

Tyler Durden's picture

"We are either already in a recession or rapidly moving towards one," warns billionaire investors Sam Zell. A stunned Maria Bartiromo is shocked to hear from Zell that world trade has slowed dramatically and currency wars and election uncertainties have contributed to this. Most shocking of all to the Keynesian pump-primers (and oil bulls) is Zell's remarks that "when I look around the world for prospective demand, it's not there... demand is pretty weak." Markets are not pricing in recession and Zell warns, even with recent declines that "this is pretty frothy" thanks to easy money and he is a seller not a buyer.

Zell warns - "The Fed is out of tools [to save the markets].. and that is going to make this more problematic."

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LordBuckFast's picture

Crash 2 is already happening and The elite are ecstatic, as they will soon be looking to run and hide in those nice underground bunkers paid for with citizens taxes, after engineering a full economic collapse as well as starting WW3, plus they will make sure that there are enough Jihadi’s in the West to start a race war.

That should be enough to cover up the failed fiat ponzi scheme and take care of the ‘excessive’ population! 

This lays out the elite's psychopathic agenda in minute detail......

 

http://beforeitsnews.com/global-unrest/2016/02/ww3-2016-obama-putin-isis...

 

saveUSsavers's picture

HOUSING BUBBLE 2.0 *****TOPPED***** ! mark my words, confirmed by FUCKING 2 PAINTINGS FOR $500MIL ! Fking DeKooning? PIECE OF SHIT 6x6 ft? OMG

 

TOP IS IN, ART LAST THING TO GO

Jtrillian's picture

He thinks it's rediculous to break up the big banks?  Gong! 

https://youtu.be/bDM521iYEKU?t=5m15s

uRsurround'ded's picture
uRsurround'ded (not verified) Jtrillian Feb 19, 2016 11:11 PM

®EDiculous
2quoteBBUT
                BBought2you on/\ll/\yrTele\/i\/zz
 theFFed is
0utta
u.s eFFul tools 

                                                 here's looKing
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uHHid

https://www.youtube.com/watch?v=6nWWM8tTn84

pickatheweek's picture

When I found out that Walmart discontinued my favorite cereal, Bannana Nut Cheerios, I knew it was all over.

BigRedRider's picture

Life is beautiful. I woke up this morning and had a bowl of Wheaties, The Breakfast of Champions, and milk. On the front of the Wheaties box was a picture of me. On the back of the milk carton was a picture of my ex. What a happy day!!! WHAT A HAPPY DAY!!!!

Hitlery_4_Dictator's picture

Another shill stole from Peter Schiff. 

tarsubil's picture

While I think he's right, someone made the same claim same time last year. Since recessions are banned, it is kind of silly to say we are in one.

Goldbugger's picture

Thanks Sam. That was pretty obvious 6 months ago.

uRsurround'ded's picture
uRsurround'ded (not verified) Crash Overide Feb 19, 2016 4:36 PM

. . . hell . . .

ZZELL!!

 

https://www.youtube.com/watch?v=6nWWM8tTn84

Ms No's picture

Everybody pay attention!  We have another genius declaring a recession.  We should hang on every word.

Does this guy have classes or speaking tours that you can pay thousands to sign up for?  Sign me up for that shit!  YEW!!!

SmokinMonkey's picture

THe fed is out of tools...Well sort of.  THey need to monetize the entire Ponzi scheme, but that means giving money to main street which is not in their interest...

Bill of Rights's picture

Correct, a poor, starving people is a controllable people.

roadhazard's picture

There will be no helicopter money because, you know, "cash will be banned." heh

Osmium's picture

Somewhat off topic, but when I was at the shooting range today it was PACKED.  Had to wait an hour for a lane.  Do people feel that something is not quite right?

Rellorellin's picture

I noticed exactly the same thing. CCW classes are full everywhere.

wildbad's picture

yes..i feel it, down deep, rumbling, a magmic force.  the bern is the only soulution i can come up with. /sarc

wish i could go to a range here and dust off the .357

Hitlery_4_Dictator's picture

Solution to avoid lines. Get land and use that. 

No Half Measure's picture

Exactly on point, there are a lot of gold and silver zealots on ZH, but my precious metal of choice is lead and lots of it.  If things get half as bad as I believe they will, lead will be the only thing that matters and will be the only way to protect what belongs to you.  Happy hunting all!

tommylicious's picture

FUCK YEAH!    ZELL DA MAN!

wildbad's picture

what about a VIRP?  a Variable one that changes every 4 hours?  That could mix things up

aliki's picture

zell sold the newspaper business before the 2007-2008 crash

zell sold the apartments to starwood (and i respect the hell out of barry sternlicht) recently (and then the S&P dropped 10-15%)

when this guy talks/makes moves, pay attention

saveUSsavers's picture

+10 on ur comment, NOBODY says it real like Zell, even if he's PC, he said  to Buttaroma " ur the media aren't you?" when asked why no outrage Reid wasn't bashed for not having a budget for 5 yrs .

Mr Bubble's picture

He also sold Equity office to BX for $39B, which they marked down to $0.65/$1.00 about two years later...

Yen Cross's picture

  You have a good memory. Equity Office, was and is a piece of shit.

Infield_Fly's picture
Infield_Fly (not verified) Feb 19, 2016 4:01 PM

YOU FUCKING GENIUS SAMMY!!!!  I WAS LOST UNTIL I LISTENED TO YOUR FUCKING SPEW!!!!

Seasmoke's picture

Restaurants will be packed tonight from sea to shining sea. Party on !!!

Infield_Fly's picture
Infield_Fly (not verified) Seasmoke Feb 19, 2016 4:02 PM

Party on Garth!!

Bangin7GramRocks's picture

Cook at home! What are you some kinda commie socialist twinkle toes cocksucker? Real Muricans eat out pussy!

One-Eyed-Thong's picture
One-Eyed-Thong (not verified) Bangin7GramRocks Feb 19, 2016 4:52 PM

pussy, it's whats for dinner

cheech_wizard's picture

Now available at finer Chinese eateries across the country.

uRsurround'ded's picture
uRsurround'ded (not verified) Seasmoke Feb 19, 2016 11:19 PM

 

. . . c2c

nile2euphrates

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.

Joe Cool's picture

There will not be panic among "The Great Unwashed" until it's far too late...Expect lots of phone calls and emails from loved ones about what the hell is going on!!!

noless's picture

Or for everyone to be on separate vacations simultaneously for some reason.

 

And here I am, sitting on my ass watching soap operas.

MasterControl's picture

The "recession" can't start officially until the first "black" prog POTUS has left the white house.

Atomizer's picture

Can you imagine the cost to delouse the White House? Bed bugs, the smell of Michelle Obama. 

- - - - - -'s picture
- - - - - - (not verified) Feb 19, 2016 4:06 PM

another ecomonic article, another jew

 

nevertheless's picture

Yup, and they are all on script...

NWLionelHutz's picture

Who is this hobgoblin and why do I care...of course we are still in a recession...yeesh.

Nero_Hedge's picture

"If I knew I'd be rich"

Or, if you're rich then you know. More are catching on that this game is rigged, and not for us. I know VERY few young people with money in stock market- we either don't have it or we know better than to gamble it

JamaicaJim's picture

Thank-y Sammy.

What...you bucking for the title of Captain Fucking OBVIOUS?????

MATA HAIRY's picture

I live in a denver area trailer park that was owned by zell's equity lifestyles company, but apparently it was recently sold, at least from what I can tell...new management etc.

Squid Viscous's picture

nice prison pussy Sam!

assistedliving's picture

Mr. Zell is soo rich and soo right, what is ZH problem here?

Atomizer's picture

The market dumbasses can re-brand no short sale positions to fake GDP growth. How did that work last time? 

pakled's picture

Are Sam Zell and Sam Walton related?

 

btw - this ZH post is already listing in the top 10 on google when you search on "sam zell"