Awesome comments and visuals MySpace. Yeah people have been saying that women are more responsive than men about this collapse. Pretty true with me too. Convinced a girl to not visit the US because of what is about to happen. By the way, in a Tokyo bank today there were no US dollars for sale at the foreign exchange counter. Can anyone enlighten me as to why this might be?
well from what I understand, US dollars are being used to settle contracts and bets from all sorts of crazy gambling transactions that were allowed on wall st., which has been driving the dollar index sky high, the quickest rise in 40 years just recently, we'll see what happens when the dust clears...
I have a friend on the futures exchange that side trade the weather. Yes they bet on whether it will be sunny, windy, rainy, Snowing the next day. Yes this is the truth. They kind of do this for fun, but how is that for crazy??
Nikkei got hammered again. 26 year lows, I heard. Hang Seng closed down -13%. Dow futures are testing 8,000. Down some -240 points. If holiday retail sales are way down, next year will be gloomy, indeed. (Holiday season is when retailers make the money that gets them through the rest of the year. If they don't make the money - and this year, they won't - a lot of people in the entire supply chain are going to be out of work very early next year.)
Like watching a slow motion car wreck. This is going to be a happy little death spiral, now. Watch oil producing nations, too. If oil drops below $50.00 a barrel, their social and political instabilities will only increase. Plus, if the Yen drops below 80-90 cents, things will really get interesting.
Great video as usual. Professor Stephen KEEN believes the ausie propety market is twice as leveraged as the usa? Don't buy property for at least 12 months in aus. Although in saying that, we may get hyper inflation here if the government dropps interest rates near zero per cent.
The economy in the US is so bad, this Holloween people will be passing out IOUs to the tricker-treaters. In fact, most people are just going to staple the IOUs on all the foreclosure signs.
This holloween the most popular costume is dressing up as a loaf of bread. :)
A tsunami is a perfect description of what is now happening. At the moment, the seas are retreating from the beach before a HUGE wave crashes into the shores wiping everyone out. As if everyone in walking onto the wet sand to the waters receding edge instead of heading for the hills, as they convert to the US$ - probably the most falsely over-valued item in the world - seeking a so called "safe haven". The US$ is sucking everyone in before it washes them away.
Myspace, Do you see this as a total global depression, or do you see this as being concentrated mainly in the US and the UK? Do you see any country pulling out of this relatively unscathed (will there be any "safe harbor" -for those of us willing to leave the US)?
The slowdown in consumption in the US and the rest of the world will have an impact on the production of goods in China. It will reinforce the effect of a global scale recession. The world economy has peaked and contraction is driving capitalists up the walls. Now you can see that it is becoming impossible to make money no matter what horizon you look at. The ship called RECESSION has set sail and is going to dock at every port on the visible geography of our beautiful earth. Strive to survive
It was on the corresponding Monday and Tuesday in Oct 1929 that Dow fell 23% 300 down to 230.
Fridays futures told you everything you need to know to figure out what this week will look like.
People simply refuse to learn the lessons of history and are therefore doomed to repeat them.
This happens to every twenty years or so, it happened in 67 and 87, and here we are 21 years later making the same mistakes with the same consequences.
Nontheless, is why many can "feel" these things happening and that more is to come. Some may be having many occurances of dejavu too. Then there are many who know or feel it, but have to recess it. Laugh it off or deny because it would be hard to face, as you said myspace, truth hurts.
truth/stock market could be made, for people who like owning opinions/assumptions, which they value, using colors or words as opinion-backed financial instruments, anything which can have up/down performance, can be listed/traded by fools, those who listen to fools. Shares are opinions, performance is related to whims/egos/sentiment & sometimes event horizons. Get away, the stock is a stick, stick holds carrot, ewe fuel Corps(e), to steal life from living by trading nil for nil at a cost.
Cause ever since the Breton Woods Act ceased to exist, countries that engaged in world trade began to look at the US dollar as the "tangible standard" as oppose to gold. So when world trade increases, so does the demand for the dollar. And when the demand for the dollar increases so does the foreign dollar reserves held at the federal reserves.
Great vid's! I have a relative in Sydney. What can you tell me about the situation in Australia? Are they also printing money like mad? What's the scenario likely to be? If you know of a good youtube, your's or other to watch, please let me know. Thanks and keep well.
The Dollar is only rising because everybody is scrambling to shore up their balance sheets. I did notice that the YEN has been rising. Keep up the the straight talk myspacesecrets! The Yuppies will be crying in the streets.
I have been telling everybody this was going to happen for about a year. My workmates still believe this is just a normal correction! Brainwashed people watching Monday night football! Staying drunk! Playing their Video Games.
I've had better luck telling women. All the men I tell think I'm full of shit or just plain crazy. All of this reminds me of some Twilight Zone episode.
Wow that's strange. That's the same dilemma I have been facing. It's so easy to persuade women about what's going on, but most of the men think I'm a nut case. Not sure what is wrong with the guys these days. Damn
You and me both. I've been warning people about the longer term danger of peak oil for about 3 years now (while I prepared for it) and I've been warning them about this economic meltdown since November of 07. Only in the last couple months has anyone really started to listen. Oh well, at least all my preparations for peak oil has also gotten me ready for this economic depression. I'm the most prepared person I know. My left leaning environmentally aware attitude has really paid off!
Many retail outlets will go out of business in feb. Sales of gift cards...xmas presents used in january ...are 30% below last years already...Id expect this combined with very low xmas sales will collapse many struggling stores...
hey MS we found a guy who had been secretly living in our office basement for like 2 weeks. They found him can kicked him out but poor soul has no where to go now, I guess i felt sorry for him.
yes myspace is right, there is total manipulation on market. 1) people are selling 2) the banks and inst are short large positions to prop up the dollar.
Evil schemes are rife and manipulations are at all time highs man.
Awesome comments and visuals MySpace. Yeah people have been saying that women are more responsive than men about this collapse. Pretty true with me too. Convinced a girl to not visit the US because of what is about to happen. By the way, in a Tokyo bank today there were no US dollars for sale at the foreign exchange counter. Can anyone enlighten me as to why this might be?
andrewebisu 3 years ago 2
well from what I understand, US dollars are being used to settle contracts and bets from all sorts of crazy gambling transactions that were allowed on wall st., which has been driving the dollar index sky high, the quickest rise in 40 years just recently, we'll see what happens when the dust clears...
nextdimensions 3 years ago
I have a friend on the futures exchange that side trade the weather. Yes they bet on whether it will be sunny, windy, rainy, Snowing the next day. Yes this is the truth. They kind of do this for fun, but how is that for crazy??
myspacesecrets 3 years ago
Thanks very much for your thoughts nextdimensions. hold on tight eh?
andrewebisu 3 years ago
Google Web of Debt
THE NOT-SO-INVISIBLE HAND:
HOW THE PLUNGE PROTECTION TEAM
KILLED THE FREE MARKET
Goobyusa 3 years ago
Nikkei got hammered again. 26 year lows, I heard. Hang Seng closed down -13%. Dow futures are testing 8,000. Down some -240 points. If holiday retail sales are way down, next year will be gloomy, indeed. (Holiday season is when retailers make the money that gets them through the rest of the year. If they don't make the money - and this year, they won't - a lot of people in the entire supply chain are going to be out of work very early next year.)
wrb1957 3 years ago
I am watching the futures live now...they are got sold off hard now wavering....hmmm
myspacesecrets 3 years ago
Like watching a slow motion car wreck. This is going to be a happy little death spiral, now. Watch oil producing nations, too. If oil drops below $50.00 a barrel, their social and political instabilities will only increase. Plus, if the Yen drops below 80-90 cents, things will really get interesting.
wrb1957 3 years ago
Great video as usual. Professor Stephen KEEN believes the ausie propety market is twice as leveraged as the usa? Don't buy property for at least 12 months in aus. Although in saying that, we may get hyper inflation here if the government dropps interest rates near zero per cent.
PlatinumGordon 3 years ago
Im curious to know why the Aussie dollar is being flogged so hard?
nookiboi 3 years ago
The economy in the US is so bad, this Holloween people will be passing out IOUs to the tricker-treaters. In fact, most people are just going to staple the IOUs on all the foreclosure signs.
This holloween the most popular costume is dressing up as a loaf of bread. :)
OmarThePug 3 years ago
Great vid, MSS! Good comments. Thanks again.
Fav'd.
The characters shown say a lot.
sunamori6765 3 years ago
LOL thanks.
myspacesecrets 3 years ago
happy evil hallows eve..jeez
dellsprospects22 3 years ago
A tsunami is a perfect description of what is now happening. At the moment, the seas are retreating from the beach before a HUGE wave crashes into the shores wiping everyone out. As if everyone in walking onto the wet sand to the waters receding edge instead of heading for the hills, as they convert to the US$ - probably the most falsely over-valued item in the world - seeking a so called "safe haven". The US$ is sucking everyone in before it washes them away.
eighteenin78 3 years ago 3
Myspace, Do you see this as a total global depression, or do you see this as being concentrated mainly in the US and the UK? Do you see any country pulling out of this relatively unscathed (will there be any "safe harbor" -for those of us willing to leave the US)?
medulalumosa 3 years ago 2
The slowdown in consumption in the US and the rest of the world will have an impact on the production of goods in China. It will reinforce the effect of a global scale recession. The world economy has peaked and contraction is driving capitalists up the walls. Now you can see that it is becoming impossible to make money no matter what horizon you look at. The ship called RECESSION has set sail and is going to dock at every port on the visible geography of our beautiful earth. Strive to survive
curiousEGM 3 years ago
It was on the corresponding Monday and Tuesday in Oct 1929 that Dow fell 23% 300 down to 230.
Fridays futures told you everything you need to know to figure out what this week will look like.
People simply refuse to learn the lessons of history and are therefore doomed to repeat them.
This happens to every twenty years or so, it happened in 67 and 87, and here we are 21 years later making the same mistakes with the same consequences.
"History does not repeat but it does rhyme"
Mark Twain
carlfinkle 3 years ago
history does repeat itself. Always does.
myspacesecrets 3 years ago
carlfinkle and myspace, so right, history repeating itself. That is the most basic fact of what is going on, besides all the data, charts and events.
Is no wonder that ancient markings were circles and spirals. Granted some were used for astrological purposes, but all things move in circles.
There are imprinted invisible yet detectable patterns in the Universe too. That's a whole other story, lol.
KMSbear 3 years ago
Nontheless, is why many can "feel" these things happening and that more is to come. Some may be having many occurances of dejavu too. Then there are many who know or feel it, but have to recess it. Laugh it off or deny because it would be hard to face, as you said myspace, truth hurts.
KMSbear 3 years ago
truth/stock market could be made, for people who like owning opinions/assumptions, which they value, using colors or words as opinion-backed financial instruments, anything which can have up/down performance, can be listed/traded by fools, those who listen to fools. Shares are opinions, performance is related to whims/egos/sentiment & sometimes event horizons. Get away, the stock is a stick, stick holds carrot, ewe fuel Corps(e), to steal life from living by trading nil for nil at a cost.
eye8one2 3 years ago
Why is the dollar going up?
Cause ever since the Breton Woods Act ceased to exist, countries that engaged in world trade began to look at the US dollar as the "tangible standard" as oppose to gold. So when world trade increases, so does the demand for the dollar. And when the demand for the dollar increases so does the foreign dollar reserves held at the federal reserves.
solarisgalrocks 3 years ago
He is back by popular demand. Goos to see ya`again.
Hopefl1 3 years ago 4
Thanks hope, great to see ya! I have just been busy with work. But will post more soon.
myspacesecrets 3 years ago
Thanks for the true words and wisdom as always,
Capcom
capcom101you 3 years ago
Great vid's! I have a relative in Sydney. What can you tell me about the situation in Australia? Are they also printing money like mad? What's the scenario likely to be? If you know of a good youtube, your's or other to watch, please let me know. Thanks and keep well.
elephantinpajamas 3 years ago
The Dollar is only rising because everybody is scrambling to shore up their balance sheets. I did notice that the YEN has been rising. Keep up the the straight talk myspacesecrets! The Yuppies will be crying in the streets.
zmelli 3 years ago
Max Keiser said that the Yen would become stronger as all the money (Yen)wrapped up in the carry trade came home again.
medulalumosa 3 years ago
I have been telling everybody this was going to happen for about a year. My workmates still believe this is just a normal correction! Brainwashed people watching Monday night football! Staying drunk! Playing their Video Games.
zmelli 3 years ago 2
I've had better luck telling women. All the men I tell think I'm full of shit or just plain crazy. All of this reminds me of some Twilight Zone episode.
medulalumosa 3 years ago 3
medulalumosa, sometimes the truth hurts.
myspacesecrets 3 years ago
Wow that's strange. That's the same dilemma I have been facing. It's so easy to persuade women about what's going on, but most of the men think I'm a nut case. Not sure what is wrong with the guys these days. Damn
markymarkuss777 3 years ago 3
zmelli:
You and me both. I've been warning people about the longer term danger of peak oil for about 3 years now (while I prepared for it) and I've been warning them about this economic meltdown since November of 07. Only in the last couple months has anyone really started to listen. Oh well, at least all my preparations for peak oil has also gotten me ready for this economic depression. I'm the most prepared person I know. My left leaning environmentally aware attitude has really paid off!
vention4wh 3 years ago
Next yr is gonna be hell unleashed!!! GREATER DEPRESSION 2.0 is imminent...get your asses ready folks!!
VIRUSx17 3 years ago
Many retail outlets will go out of business in feb. Sales of gift cards...xmas presents used in january ...are 30% below last years already...Id expect this combined with very low xmas sales will collapse many struggling stores...
centervilletn 3 years ago 2
wow, was getting worried about you man....great to see you are keeping well. please post more man...
Love the vid by the wayyy!
LOL look at lil obama in his amero suit
illuminatikey 3 years ago 2
awesome video..thanks for keeping us all informed
deeliyah20 3 years ago
hey MS we found a guy who had been secretly living in our office basement for like 2 weeks. They found him can kicked him out but poor soul has no where to go now, I guess i felt sorry for him.
igotflickedoff 3 years ago
just wrote down all these predictions now, cause I ticked off 95% of all your other ones....man this is insane.
Full collapse imminent...you can feel it.
keep up the good work MSS, 5 stars mate.
igotflickedoff 3 years ago 9
really, oh ok. Thanks for updating. Wish they were happy predictions but :(
myspacesecrets 3 years ago
yes myspace is right, there is total manipulation on market. 1) people are selling 2) the banks and inst are short large positions to prop up the dollar.
Evil schemes are rife and manipulations are at all time highs man.
dowtoplunge 3 years ago 5
isnt the dollar rising because everyone is liquidating there stocks into us dollars?
correct me if im wrong
mrchekky 3 years ago
yes sure, but its only one facet to all of this. ;)
myspacesecrets 3 years ago
thankyou morethan, the second part will be up tonight.
myspacesecrets 3 years ago
Good video, truth as always!
morethan20 3 years ago 4