Latest Articles: Business/Finance
Robert Prechter: 'Stock Market at High Risk of Collapse'
Post Date: 2015-06-10 17:01:10 by BTP Holdings
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Robert Prechter: 'Stock Market at High Risk of Collapse' By Dan Weil | Wednesday, 10 Jun 2015 04:39 AM Robert Prechter, the stock market guru who rose to fame with his prescient prediction of a bull market for the 1980s, isn't so bullish now. He bases his forecasts on technical analysis known as Elliott Wave theory. "If the cycle is still operating, the stock market is at high risk of a sharp collapse," Prechter told MarketWatch. "Near-term, we’re prepared to see the Dow [Jones Industrial Average] make one more high. But it doesn’t have to happen." The Dow has nearly tripled since March 2009 and last touched an all-time peak May 19. It ...
Barack CanÂ’t Stop This Emerging Currency from Rivaling the USD
Post Date: 2015-06-10 16:35:47 by BTP Holdings
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Barack Can’t Stop This Emerging Currency from Rivaling the USD Global Reset “Imminent” Warns Acclaimed Author… It Could Happen as Soon as This October… The New Financial System Will Be Built on This… The U.S. government is on the verge of bankruptcy. They have run up a debt that cannot be repaid, and now must create new dollars to meet their obligations. In other words, they’re trying to fix the debt problem by inflating the currency. Of course, anybody with some common sense knows this won’t work. Renowned financial analyst and author of The Big Reset, Willem Middelkoop, says: “A system reset is imminent. There are only two options: a ...
“Bloody Wednesday” September 16, 2015: America’s Day of Reckoning
Post Date: 2015-06-10 16:27:30 by BTP Holdings
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“Bloody Wednesday” September 16, 2015: America’s Day of Reckoning Discover how to protect your wealth and keep it growing — before it’s too late! On Wednesday, September 16, 2015 ... behind closed doors in Washington, D.C. ... an event could take place that will change everything in your life. If it occurs, nothing will ever be the same again for you or for your family. The America we know and love will be no more. The fallout of this historic event will be horrific for the unprepared. It will trigger all-out panic — first in the U.S. bond market ... and later in the stock market. It will destroy millions of jobs ... sentence most Americans to a ...
U.S. Ousts Russia as Top World Oil, Gas Producer in BP Data
Post Date: 2015-06-10 10:24:40 by HAPPY2BME-4UM
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U.S. Ousts Russia as Top World Oil, Gas Producer in BP Databy Rakteem Katakey June 10, 2015 — 5:01 AM EDT Updated on June 10, 2015 — 9:10 AM EDT Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on Google+E-mailShare on FacebookShare on TwitterShare on LinkedInShare on RedditShare on Google+E-mail The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields. U.S. oil production rose to a record last year, gaining 1.6 million barrels a day, according to BP Plc’s Statistical Review of World Energy released on ...
The Job Market Will Get Much Worse, JPMorgan Warns
Post Date: 2015-06-10 09:57:55 by HAPPY2BME-4UM
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Submitted by Daniel Drew via Dark-Bid.com, As Zero Hedge reports every month, the labor force participation rate is at multi-decade lows. Michael Feroli, a JPMorgan economist, said the economy will produce even fewer jobs in the future. In the last ten years, the U.S. saw 68,000 new jobs per month. Meanwhile, the population grew by over 200,000 per month. The last decade's data was marred by severe job losses in 2008. From 1995 - 2005, it was normal to see 300,000 new jobs per month in good years, and the bad years didn't come close to the 2008 horror show. Job creation is on a slight uptrend now, but it still hasn't kept up with population growth. Even worse, Feroli says he ...
China becomes major hydro-power, wants world to go with the flow
Post Date: 2015-06-10 01:39:10 by Tatarewicz
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Want.. China is the world's largest hydro power producer and is expected to share its technology with the world despite challenges at home, according to the China Economic Weekly. During the World Hydropower Congress (WHC) in Beijing from May 19 to 21, International Hydropower Association (IHA) president Ken Adams said China is becoming a hydropower superpower. China's installed hydropower capacity of 300 million kilowatts (300 gigawatts) led the world and accounted for 27% of global capacity in 2014, the magazine said. The Three Gorges Dam Hydroelectric Power Plant set a world record by generating 98.8 billion kilowatt-hours of electricity in 2014, the highest annual output of ...
Et Tu, Mickey Mouse? Disney Pads Record Profits by Replacing U.S. Workers with Cheaper H-1B Guestworkers
Post Date: 2015-06-09 17:49:31 by Ada
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There was a lot to celebrate in the Magic Kingdom this year. The Disney Corporation had its most profitable year ever, with profits of $7.5 billion—up 22 percent from the previous year. Disney’s stock price is up approximately 150 percent over the past three years. These kinds of results have paid off handsomely for its CEO Bob Iger, who took home $46 million in compensation last year. Disney prides itself on its recipe for “delighting customers,” a recipe it says includes putting employees first. They tout this as a key to their success in creating “a culture where going the extra mile for customers comes naturally” for employees. One method of creating ...
Report: China to have veto at new bank
Post Date: 2015-06-09 09:40:26 by Tatarewicz
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PressTV... A new China-led infrastructure bank aims to differentiate itself from other lenders with a leaner, more efficient structure that ultimately gives Beijing veto power over major decisions, people close to the institution say. The new Asian Infrastructure Investment Bank, which will be based in the Chinese capital, has 57 prospective members. The AIIB is being billed as rival to the World Bank and Asian Development Bank which are under the US control. The Wall Street Journal on Tuesday quoted what it described as people close to the bank as saying its voting structure will give China the "upper hand" as the largest shareholder, effectively granting it veto power. ...
If Your(NO BS - CHINA IS THE NEW WORLD LEADER) - BS Detector Is Not Screaming, It's Broken
Post Date: 2015-06-09 09:18:19 by HAPPY2BME-4UM
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Everybody who thinks China's economy is healthy because its stock market is soaring has been suckered. Every good con-man/ con-woman knows that the con only works if the chump/mark wants to believe the impossible is true--that the snake-oil remedy will actually cure their ailments, that the "hope" candidate will actually change the corrupt system from the inside (ha-ha, they fell for it), and that China's economy is on its way to becoming the world leader in everything.Wishing it was true doesn't make it true--it makes you a chump who fell for the con.Once upon a time in America, no adult could survive without possessing a finely tuned BS detector. Herman Melville ...
Russia plans to float renminbi bonds in 2016
Post Date: 2015-06-09 08:42:44 by Tatarewicz
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Want... Russia reportedly plans to float renminbi-denominated bonds in 2016, with the aim of boosting the share of such bonds in its bond market to 20% within five years, according to Shanghai's China Business News. The news, if confirmed, marks another stride in the internationalization of the renminbi, in the wake of the issuance of renminbi-denominated bonds in the UK in October 2014. Analysts said that the renminbi bond plan is significant for China's "Belt and Road" project, currently being touted by the Chinese government, as it embodies an option for fundraising for major infrastructural facilities envisioned by the project, especially in view of the status of ...
Bilderberg 2015: Official agenda and attendee list – Bilderberg choses Hillary Clinton for 2016
Post Date: 2015-06-08 18:12:15 by HAPPY2BME-4UM
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Goldman SachsBilderberg 2015: Official agenda and attendee list – Bilderberg choses Hillary Clinton for 2016 A Bilderberg attendee arrives at the 2012 Bilderberg Conference in Virgina – Photo Credit: Shepard AmbellasKey Clinton Advisor as well as the head of Goldman Sachs set to attend globalist conference (INTELLIHUB) — The “official” Bilderberg Group website has released a list of participants for this years upcoming conference. The website also released a list of bullet points that they claim is the agenda for the secretive globalist confab. In the past, Intellihub News and others have confirmed that while the list released by the Bilderberg website does include ...
Will Fed Walk the Walk?
Post Date: 2015-06-08 17:07:51 by BTP Holdings
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Will Fed Walk the Walk? Mike Burnick | Monday, June 8, 2015 at 4:20 pm (Mike Larson is away today. Mike Burnick, editor of Martin’s Ultimate Portfolio and Ultimate Stock Options, is filling in.) Federal Reserve officials seem intent on raising interest rates at some point this year. They have been talking the talk for months now, but the question is, will they walk the walk? Just last week, New York Fed President Bill Dudley stated that as long as data on jobs and inflation cooperates, the Fed is on track to “begin normalizing monetary policy later this year” … That Fedspeak tells us higher rates are coming; it’s only a matter of when and how high. But Dudley ...
New Alternative to the U.S. Dollar Coming
Post Date: 2015-06-08 17:05:26 by BTP Holdings
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Video at source.
In Just 4 Months: The Currency That May Replace the USD
Post Date: 2015-06-08 16:36:43 by BTP Holdings
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In Just 4 Months: The Currency That May Replace the USD Global Reset “Imminent” Warns Acclaimed Author… It Could Happen as Soon as This October… The New Financial System Will Be Built on This… The U.S. government is on the verge of bankruptcy. They have run up a debt that cannot be repaid, and now must create new dollars to meet their obligations. In other words, they’re trying to fix the debt problem by inflating the currency. Of course, anybody with some common sense knows this won’t work. Renowned financial analyst and author of The Big Reset, Willem Middelkoop, says: “A system reset is imminent. There are only two options: a financial reset ...
(HYPER)Inflation in America – What will hyperinflation look like?
Post Date: 2015-06-08 08:37:34 by HAPPY2BME-4UM
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June 25,2009 Inflation in America – What will hyperinflation look like? 25 Inferior economic thinkers have dominated American politics for the last 100 years. Short-cuts, cheap debt, and market manipulating policies will collapse the US monetary system. Almost all economists and politicians in power are Keynesian economists. They believe the free market is chaotic, illogical, and inefficient. They believe a handful of people in powerful positions are better at telling people what they need instead of millions of people telling the market what they need. Keynesians believe they can prevent the cycles of boom and bust but have a terrible track record of controlling ...
103 Years Later, Wall Street Turned Out Just As One Man Predicted
Post Date: 2015-06-07 18:46:49 by HAPPY2BME-4UM
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RETURN EVIL FOR GOOD .. In 1910, three years before the US Federal Reserve was founded, Senator Nelson Aldrich, Frank Vanderlip of National City (Citibank), Henry Davison of Morgan Bank, and Paul Warburg of the Kuhn, Loeb Investment House met secretly at Jekyll Island in Georgia to formulate a plan for a US central bank just years ahead of World War I. The result of their work was the so-called Aldrich Plan which called for a system of fifteen regional central banks, i.e., National Reserve Associations, whose actions would be coordinated by a national board of commercial bankers. The Reserve Association would make emergency loans to member banks, and would create money to provide an ...
"Literally, Your ATM Won’t Work…"
Post Date: 2015-06-07 14:35:18 by HAPPY2BME-4UM
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"Literally, Your ATM Won’t Work…" By Bill Bonner Of Bonner And Partners Literally, Your ATM Won’t Work… While we were thinking about what was really going on with today’s strange new money system, a startling thought occurred to us. Our financial system could take a surprising and catastrophic twist that almost nobody imagines, let alone anticipates. Do you remember when a lethal tsunami hit the beaches of Southeast Asia, killing thousands of people and causing billions of dollars of damage? Well, just before the 80-foot wall of water slammed into the coast an odd thing happened: The water disappeared. The tide went out farther than anyone had ever seen ...
The Danes Are Revolting: Tax Administration Set On Fire
Post Date: 2015-06-07 14:30:58 by HAPPY2BME-4UM
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The Danes Are Revolting: Tax Administration Set On Fire Published: June 7, 2015 Source: Zero Hedge In Fredensborg, Denmark, ten official cars from the Tax Administration Office were set on fire and destroyed overnight in a protest. As ExstraBladet reports, police received notification Wednesday night at 3:09 a.m. that the Tax Administration offices on Kratvej were on fire. So far, there are no suspects. But, as Martin Armstrong notes, the police will undoubtedly hunt for someone retaliating against the Tax Man. As Martin Armstrong further points out, this is not the first time the world has seen this... On February 18, 2010, a man in a dispute with the IRS for seizing his ...
Why Is The EU Forcing European Nations To Adopt ‘Bail-In’ Legislation By The End Of The Summer?
Post Date: 2015-06-07 13:55:51 by X-15
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Are they expecting something to happen? As you will read about below, the European Union says that any nation within the EU that does not enact “bail-in” legislation within the next two months will face legal action. The countries that are being threatened in this manner include Italy and France. If you fast forward two months from this moment, that puts us in early August. So clearly the European Union wants everything to be squared away by the end of the summer. Is there a reason for this? Are they anticipating that something really bad will happen in September or thereafter? Why such a rush? We all remember what happened when major banks were “bailed out” during the ...
Turning A Corner: The U.S. Economy Will Soon Officially Re-Enter The “Super Recession”
Post Date: 2015-06-06 12:15:17 by BTP Holdings
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Turning A Corner: The U.S. Economy Will Soon Officially Re-Enter The “Super Recession” Posted by David Morgan on April 11, 2015 · Leave a Comment First quarter economic contraction is all but a guarantee. Over 7 years after the “super recession” started, the economy will almost assuredly enter an “Official Recession” that began in January. The economic data, which is heavily manipulated by the government to such a degree that it has shown the U.S. recovered from the “super recession” of 08’, is beyond ridiculous. A long book could be written on this topic, both how GDP is calculated as well as the C.P.I (nominal GDP growth – C.P.I ...
Memo To The Fed And Jon Hilsenrath: We're Not Here To Enrich Your Corporate Cronies
Post Date: 2015-06-06 00:33:48 by HAPPY2BME-4UM
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Submitted by Charles Hugh-Smith from the OfTwoMinds blog, Memo to the Fed: you are the enemy of the middle class, capitalism and the nation. The Federal Reserve is appalled that we're not spending enough to further inflate the value of its corporate and banking cronies. In the Fed's eyes, your reason for being is to channel whatever income you have to the Fed's private-sector cronies--banks and corporations.If you're being "stingy" and actually conserving some of your income for savings and investment, you are Public Enemy #1 to the Fed. Your financial security is nothing compared to the need of banks and corporations to earn even more obscene ...
TPP emails show CEO joked about making “royalty payment” to US Officials
Post Date: 2015-06-06 00:30:45 by HAPPY2BME-4UM
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“These are our rules,” bragged Chemical company boss By Paul Joseph Watson | InfowarsEmails released under a Freedom of Information Act request show how one chemical company CEO was so pleased with the rules being set by the Trans Pacific Partnership (TPP) trade deal that he joked about making a “royalty payment” to U.S. government officials before bragging, “these rules are our rules.”400 pages of confidential emails between industry advisors and USTR officials were obtained by Intellectual Property Watch. The USTR (Office of the United States Trade Representative), is the U.S. government agency responsible for developing the United States’ trade ...
World's largest hospital criticized for pursuing money
Post Date: 2015-06-05 23:56:11 by Tatarewicz
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Want... The First Affiliated Hospital of Zhengzhou University in central China's Henan province, reputed to be the largest hospital in the world with 7,000 beds, has caused controversy with its rapid revenue growth, China Economic Weekly reports. The hospital recently posted annual revenue of 7.52 billion yuan (US$1.21 billion) in 2014, a sharp increase from 680 million yuan (US$109.7 million) in 2008 and 6 billion yuan (US$968 million) in 2013. This made it the province's top revenue-producing hospital, compared with the second biggest revenue generator — Henan Provincial People's Hospital — which posted 4.58 billion yuan (US$739 million) in annual revenue in 2014. ...
U.S. 1st quarter productivity plunged 3.1%, while unit labor costs surged 6.7%. As corporate profits collapse expect layoffs to ensue.
Post Date: 2015-06-05 18:22:03 by Horse
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U.S. worker productivity fell in the opening months of 2015, underscoring an economic soft patch marked by weak business investment and tepid wage gains. The productivity of nonfarm workers, measured as the output of goods and services per hour worked, decreased at a 3.1% seasonally adjusted annual rate in the first quarter, the Labor Department said Thursday. That was revised down from an initial estimate of a 1.9% slide. Economists surveyed by The Wall Street Journal had forecast a 3% decline for the first quarter. Productivity dropped in the first quarter as output decreased at a 1.6% pace and hours worked rose at a 1.6% rate. A gauge of compensation costs, unit labor costs, ...
Fed Unable To Comply With Congressional Subpoena Due To Criminal Probe
Post Date: 2015-06-05 15:22:16 by HAPPY2BME-4UM
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On October 3, 2012, consulting firm Medley Global Advisors sent a newsletter to clients entitled “Fed: December Bound.” The "special report" essentially constituted an early leak of the minutes from the FOMC's September meeting, at which the central bank launched the third installment of QE. An internal investigation by then-Chairman Bernanke revealed that indeed, some members of the committee had met with the firm that year but the names were not disclosed.On April 15, Congress sent Yellen a letter requesting that the Fed furnish a list of names no later than April 22. That deadline came and went with no response. On May 4, the Fed acknowledged ...
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