Are We Witnessing The Weirdest Moment In Economic History?

Tyler Durden's picture

Via Brandon Smith of Alt-Market.com,

It is an unfortunate reality that most people tend to be oblivious to massive sea changes in geopolitics and economics. You would think that these events would catch the immediate attention of everyone as they happen, but usually it is not until they realize that the microcosm of their personal lives is subject to the consequences of the macrocosm that they wake up and take notice.

There are, however, ways to train yourself to pick up on signals within the news cycle and within political and financial rhetoric; signals that indicate a great shift is perhaps on the way. Sometimes these initial signs are subtle, sometimes they are as subtle as a feminist slut-walk. I would point out that over the next few months there are dangerous correlations so numerous and blatant in the economic sphere that I would almost rather watch a marching gaggle of frumpy feminists wearing nothing but electrical tape than bear witness to the mayhem that is about to strike the unwitting public.

What am I talking about? Well, let’s go through the list…

Federal Reserve Meeting March 14-15th

As my readers know well, I have been warning since before the election that the Fed would use a Trump presidency as an opportunity to pull the plug on near-zero interest rates and remove a primary pillar supporting stock markets — stock buybacks made possible by free overnight loans to numerous banks and corporations. Without QE and low interest rates the equities bubble will inevitably implode.

 

Corporate earnings certainly aren’t holding up stocks, neither is GDP or consumer spending. The Fed is the only determining factor of the ongoing bull market. Anyone who claims otherwise is probably a mainstream analyst or overzealous day trader with a vested interest in keeping the illusion going.

 

It is not surprising to me at all that the “rate hike odds” for March have been increased by mainstream analysts to 90% in the span of a week. I don’t know why anyone uses these arbitrary odds as an indicator of anything. I’ve been receiving emails all month asking me if I still believe the Fed will hike rates while the odds are “so low.” Look, the Fed does not make decisions at these meetings. They make decisions months in advance and the meetings are window dressing.

 

Too many people operate under the delusion that the central bank wants to continue propping up stocks, which is why they cannot grasp why the Fed would raise rates. In reality, the stage has been perfectly set to allow the bubble to implode. When the elites have a perfect scapegoat, they use it, and conservative movements represent that perfect scapegoat today.

The important thing to remember, though, is the timing of this particular meeting…

 

U.S. Debt-Ceiling Suspension Ends March 15th

So, in case you weren’t tracking the economic situation two years ago, the U.S. government almost went bust (in a sense) in 2015. The debt ceiling sets limits on how much the government can borrow to fund itself, and that limit was hit hard under the Obama administration after he managed to nearly double the national debt during his tenure. Congress passed legislation to allow borrowing to continue until March 2017, and of course, much of that capital was “borrowed” from the Federal Reserve, which, of course, creates it out of thin air. With the return of the debt ceiling, the question is — will Congress be able to extend and delay again? With Trump running on a platform of fiscal responsibility, CAN they extend again?  Do they even want to, or is this an engineered crisis event?

 

Once again, the timing of all this is a little odd. The Fed is raising rates into the first year of the Trump presidency leaving equities increasingly open to destabilization. In addition, the government might not be able to continue borrowing from them, or there will be a renewed extension but the costs of borrowing will run much higher. In either case, this month seems to pronounce the beginning of something; a considerable move away from the standard operating procedures that the elites have been using for the past several years. With such changes come consequences, always.

 

Formal Initiation Of Brexit On March 15th

The skeptics have been telling me for months that even though I was right about the Brexit vote victory the elites “would never allow” the British to leave the EU. Well, it doesn’t look that way to me so far. Theresa May plans to formally notify the EU of British exit on March 15th triggering two years of negotiations which will undoubtedly send economic shock waves throughout the globe on a regular basis.

 

Of course the Brexit will move forward! Why not? Globalists need a continuing atmosphere of crisis to distract the masses from their great global reset, and they need multiple scapegoats for the economic disaster that their reset will cause. Enter conservative movements in Europe; once again the perfect target to pin a crisis on.

 

French Elections Start April 23rd, End May 7th

Yet another election in which the EU hangs in the balance. Recent polls indicate that Marine Le Pen, the designated “populist" candidate, is falling behind. I have to ask, though, have we not learned our lesson yet on the meaninglessness of political polls? I think most of us have.

 

I believe Le Pen will be one of the final two candidates to move on to the election in May, and though I am not as certain as I was on Brexit and Trump, I am going to go ahead and predict a Le Pen win. If there is any sizable terrorist event in the next couple of months in the EU, or expanded Muslim riots, she is a guaranteed win. This brings up the very real prospect of a “Frexit” in the near future, and analysts should expect that a Le Pen win will be met with some panic in the financial world.

 

Potential Italian Election Move On April 30th

The Italian political process is a little confusing to me, but what I can tell you is that this spring or early summer you will probably be hearing a lot more about it. Former Italian prime minister and current Italian Democratic Party leader Matteo Renzi is set to decide on a the date for a leadership vote, which may come as early as April 30th. The outcome of this vote will likely decide how soon the next official Italian election will take place.

 

The election is required to be held before May 2018, but there is increasing pressure to hold elections in 2017, perhaps even this coming summer. I would not be at all shocked to see a surprise announcement of an early Italian election after the leadership vote is held.

 

Why should anyone care? The consensus is that Renzi’s party will be overrun by anti-EU factions and that this may result in a kind of “Italiexit.” The outcome of Italy’s series of votes and political restructuring will have wide reaching effects on the psychology of the markets for many months to come.

 

German Federal Election Held September 24th

Yes, even Germany is quaking this year in the wake of a potential “populist” tsunami. Angela Merkel is exceedingly unloved by her own people lately as her approval ratings collapse. Once-silent sovereignty champions in the country are becoming more and more vocal about Merkel’s rather insane open immigration policies which were the key element that drew millions of Muslims into the EU. It was the German government’s promise of endless entitlement programs that created the incentive for the mass migration in the first place, and now, finally, the German people are fed up with the complete lack of cultural assimilation and what many see as the destruction of western values.

 

I do not think that Germany will abandon the supranational concept of the EU regardless of the outcome of the election, but the removal of Merkel would signal a less agreeable Germany, which would exacerbate the already tottering European Union. Meaning more economic uncertainty in 2017.

If You Thought 2016 Was Weird…

If you thought 2016 was weird, I suggest you get comfortable with the surreal because it is not going away anytime soon. 2017 is a veritable treasure trove of falling elevators, and I haven’t even covered half of the issues facing the economy this year. But what about the macro-analysis?

To summarize, it seems to me that many of these events, stacked so closely together, are not coincidental in their timing. As I have noted in articles such as The Economic End Game Explained, globalists have been openly planning for decades to set in motion a vast financial overhaul and the launch of a single global economy and currency (the seeds being planted starting in 2018). If this is still their timeline, then it would follow that they would need a series of fiscal earthquakes designed to shake up the “old world order” to make way for a “new world order.”

Perhaps each of these events will result in a “stable” outcome and there is nothing to be concerned about. That said, I don’t believe in chance. Most geopolitical outcomes are influenced by internationalist players, which makes the outcomes of these events predictable. This is what made the Brexit predictable, and it is what made Trump’s victory predictable. Everything about the confluence of political and economic events in 2017 suggests to me a festering crisis atmosphere.

As I have always said, economic collapse is a process, not a singular moment in time. This process lulls the masses into complacency. You can show them warning sign after warning sign, but most of them have no concept of what a collapse is. They are waiting for a cinematic moment of revelation, a financial explosion, when really, the whole disaster is happening in slow motion right under their noses. Economies do not explode, they drown as the water rises one inch at a time.

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IridiumRebel's picture

No populism ins Germany....no no no! Just straight getting fucked in the ass by invaders.
Frau Merkel or a super Lefty. Nice choices.

Belrev's picture

Yes we are. Weightlessness is spreading around the USA and we fly some folks really high.

https://www.youtube.com/watch?v=NRyWaBZTMs0

ml8ml8's picture

Guess what day was the last day (except for one minor "test") that the $SPX was below its 200 DMA?  March 16, 2016.

GUS100CORRINA's picture

With 1.2 QUAUDRILLION in DERIVATIVES, what could possibly go wrong?

I can't even IMAGINE what that number looks like or what it represents.

Someday someone will ask the question: WHAT IN THE HELL WERE WE THINKING?

As a side note, people for decades  do not seem to be worried about levels of debt.

Makes me wonder with all the PLANET-X stuff on youtube, maybe people at the highest levels of all governments know something the rest of us don't know. Pentagon missing funds of 2+ Trillion dollars rumored to have been used to build elaborate bunkers. We have SEED vaults everywhere and I have seen classified navy document that show FL, CA and coastal areas underwater.

Solar activity is completely off the charts. Weird weather events popping up everywhere and the earth poles are rumored to be shifting 40+ miles a day. I know all of this sounds really strange, but DEBT numbers can never be resolved. Maybe everyone in authority knows an event is coming that will make the resolution of DEBT meaningless. Very weird.

Revelation 12:1-14 Is projected to be fulfilled during the month of Sep'17 of this year. 

Farqued Up's picture

Who has balls big enough to predict the date of 17 SEP 2017 as the Revelation witching hour?

curbjob's picture

Who indeed ? (obviously men who so loved themselves that they made god in their own image.)

Mr. Universe's picture

Look! Up in the sky, that black dot is moving closer. What is it, a cloud, a storm of some kind? It's getting closer and it's getting bigger, I can almost make it out. What's that noise? Honk honk, wait a minute, those are birds. Millions and millions of black swans heading towards Washington D.C.. Boy, is there going to be a lot of swan shit to clean up.

Pinto Currency's picture

The only black swan is the system that was set up while nobody was paying attention and that is now collapsing.

prime american's picture

I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... http://bit.ly/2jdTzrM

y3maxx's picture

-Will Kim Jung Nan's assasination become WW#3's Archduke Ferdianand's moment?

Rockatanski's picture

naw. too small of a fish.

GUS100CORRINA's picture

You asked a question about Revelation 12. Of the 100+ links that discuss Rev12 on youtube that have surfaced in the last year, below are the ones that look the most credible, blessed and theologically sound. 

GOD's ROADMAP to the END (Must watch all of them on this channel)

https://www.youtube.com/channel/UCgkxVtdHaobhy5CVeF8Rsdg

THE GREATEST END TIMES SIGN in '777 | Rev 12 Woman in Heaven will occur on 23 Sep 2017

https://youtu.be/XA6JcY-ikec

https://youtu.be/G4Myw9zkPB8

The most troubling thing about government behavior over the last couple of decades is that no one in authority gives a crap about the DEBT situation. More importantly, corporations like Walmart, GE, IBM, etc., have been "PREPPING" for an event to come. They have relocated headquarters, etc. Even the CIA is moving to CO.

I hope you find information useful.

GUS100CORRINA's picture

Money Project just published some new information that is worth reviewing. I saw it on website http://www.jsmineset.com/.

The most stunning DEBT metric is the global debt which is now close to 60 Trillion.

These DEBT numbers cannot be resolved because any solution is mathematically impossible.

The Management's picture

Not true.

Just hyperinflate. Easy.

I can write the number 60,000,000,000,000 on the back of a napkin.

Hyperinflation forces default...by default :)

zhandax's picture

I don't know if 17 was intended to denote year or a date, but according to prophesy, it should occur during Sukkot which according to Levitical law would put it in September.

geo_w's picture

it's always someone else's problem.

Miss Informed's picture

Not to worry, the grownups will step in and fix things.

justinius1969's picture

Beware the ides of March!

Takeaction2's picture

What are the Repercussions of the dollar going sky high...??

Miss Informed's picture

What goes up must come down?

The central planners's picture

With a video game "currency" worthing more than gold and stock market making historic highs every month i see no arnomality here.

booboo's picture

Man, I'm disappointed, I was looking forward to the final scene in Animal House being played out in every town in the world except with automatic weapons, orgies and food riots

Jäger's picture

"Trump ran on a platform of financial responsibility "- I LOLed

StopBeingstupid's picture

Here's what happens on March 15th .Republicans that were once concerned about debt and deficits increase the limit with out a peep as they only care about those things when a dem is in charge . So i think all this mar 15th talk is just more hype of a non issue.

runningman18's picture

It's not about what happens on the 15th, it's about what happens for the rest of the year because of the 15th. 

I am a Man I am Forty's picture

meanwhile gold goes lower, rickards wrong again and again and again

Twee Surgeon's picture

History is on your side, like Napoleon and Hitler though, eventually, shit happens.

Dead Canary's picture

Light a candle. Slip into a nice hot soapy bath. Pour a glass of wine and just let the depression soak in.

Jäger's picture

I am actually looking forward to Götterdämmerung.

Giant Meteor's picture

Meh, it only gets better from here ....

Well bigger, more intense. Better is probably not the correct descriptive.

 

sriechers's picture

Good description of how the old playbook used to work.

runningman18's picture

It's a good description of how it still works.

wisehiney's picture

That is the perfect picture/image to go with this fine article.

Fundies's picture

Love in an elevator......living it up as I'm going down.

We Are The Priests's picture

Yeah, but didn't "dude look like a lady?"

moorewasthebestbond's picture

Hey Brandon... "thermal evasion suits" to the rescue?

runningman18's picture

I made one using his instructional vid on utube.  It works.  Much respect to him for offering the info for free to people. 

adr's picture

Jesus, I just saw a commercial for Walmart Academy where employees like the dreadlocked bowtie wearing negro in the commercial go to become better associates. 

Apparently Walmart is spending millions of dollars to train 150k employees a year and give them "diplomas" from Walmart U. 

Just when I think we have crossed the rubicon of absolute insanity, something even more screwed up enters view. 

general ambivalent's picture

This can't be real.

Oh, well fuck me...

We Are The Priests's picture

You think that's something.

Wait until Enki is declared to be the Jewish Messiah; then watch all of Christondom, save the Elect, declare him to be Jesus returned; then all of the nations gathered together at Megiddo to defend the earth from an invading alien horde; which will actually turn out to be the Ancient of Days who originally seeded the planet returning to straighten shit out and save us from our stupidity.

Now that will be something to see.

Farqued Up's picture

Priests- I don't want to depend on that calvary to save us, where do I partake of that grand knowledge or at least that grand weed you are toking? Are the hordesmen real or just souped up holograms or maybe a figment? Fill us in. Shit, sounds interesting.

Frithir's picture

Don't you mean Enlil? After all, he was the one with all the laws. Then again, he hated humanity. 

Dame Ednas Possum's picture

You forgot to mention what happens to Gandalf and Daffy Duck. 

Trucker Glock's picture
Posted this several days ago, but in case you missed it... Iowa lawmaker under fire for referring to Sizzler certificate as business degree
http://www.chicagotribune.com/news/nationworld/midwest/ct-mark-chelgren-...
Dildocks's picture

I'm going for my Ph.D. at Hooters which, if you didn't know, is in the restaurant employee ivy league. Hence my glasses...

in4mayshun's picture

That's funny AND sad. But why did you address your comment to "Jesus?"

Giant Meteor's picture

I'm just guessing here. Maybe to get His attention? Hell I do it all the time myself. Its also known as blasphemy. So many rules, so little time ..

 

Vlad the Inhaler's picture

A better title for the article would be Six Events to BTFD.