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The Currency Wars Are Starting to Flare Up Again

July 04, 2019

Currency War The Currency Wars

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THE REASON FOR FINANCIAL DISTRESS IN SHIPPING INDUSTRY

The economic collapse in September 2008 is considered by many economists to have been the worst financial crisis since the Great Depression. It cost the United States an estimated $648 billion due to slower economic growth and federal government spending to mitigate the financial crisis through the ‘Troubled Asset Relief Program’ has resulted in a net cost to taxpayers of $73 billion. The bottom line, the United States lost $3.4 trillion in real estate wealth in less than 8 months. However, real estate was not the only industry which got effected by this financial depression. The shipping industry was affected, too, starting around 2003, and the effects are still being felt hard today. For the 5-year-period between 2003 and 2008, the shipping industry has enjoyed one of the most prosperous times in its history. To put into numbers, an average dry bulk ship earned $39,000 per day in 2004 and around $50,000 per day in 2008. For the comparison, these numbers were below $1...

5 More Signs That The Global Economy Is Careening Toward A Recession

Global Collapse Incoming? The Total Breakdown Of Relations With China

Global Collapse Incoming? The Total Breakdown Of Relations With China Could Throw Our Planet Into Utter Turmoil We just witnessed one of the most monumental events of the entire decade, and yet most Americans still don’t understand what has happened. In recent months, the global economy and stock markets around the world have been buoyed by the hope that the U.S. and China would soon sign a new trade agreement. Unfortunately, there is no way that is going to happen now. On Tuesday, the Senate unanimously passed the “Hong Kong Human Rights and Democracy Act of 2019”, and the House of Representatives passed the same bill by a 417 to 1 vote on Wednesday. Needless to say, the Chinese are beyond angry that Congress has done this. In part one of this article, I showed that China is warning the U.S. to “rein in the horse at the edge of the precipice” and that there will be “revenge” if this bill is allowed to become law. And it looks like this bill will actually become law, because...

Insect Species Are Rapidly Going Extinct Across The Globe

Insect Species Are Rapidly Going Extinct Across The Globe – All Insects Could Be Gone “In 100 Years” Even though most people don’t seem to realize it yet, we are in the midst of a major extinction level event. And even though it is happening in slow motion, given enough time we would see most life on this planet completely wiped out. Insects are absolutely critical to the global food chain, and right now we are literally on the brink of an ecological Armageddon. All over the world insect populations have been declining precipitously in recent years, and this has already been causing a chain reaction among birds, reptiles and others that eat insects. Species after species is going extinct, and as you will see below, one environmental scientist is now warning that at our current pace all insects could be completely gone “in 100 years”. This is a true environmental crisis, and yet it is getting relatively little attention from those that call themselves “env...

Financial Winter is coming! Great Recession, Financial emergency, Stock Market Crash, Dollar Collapse, Gold Rising

Markets! Finance! Scandal! Keiser Report is a no holds barred look at the shocking scandals behind the global financial headlines. From the collusion between Wall Street and Capitol Hill to the latest banking crime wave, from bogus government economic statistics to rigged stock markets, nothing escapes the eye of Max Keiser, a former stockbroker, inventor of the virtual specialist technology and co-founder of the Hollywood Stock Exchange. With the help of Keiser's co-host, Stacy Herbert, and guests from around the world, Keiser Report tells you what is really going on in the global economy. Economic Disaster for U.S. will be Political Disaster for Trump Daily Voice News - Economic Collapse Please subscribe our Channel This Video About: Gerald Celente - The Greatest Depression, The Panic is On Keiser Report - Ponzi Scheme, Stock Market Crash Peter Schiff - Fed's Big Wrong - Great Recession Economic Crash - Recession - Emergency - Meltdown Last...

George Soros - The Coming Global Currency And The New World Order

Why Did Global Shipping Just Stop? Economic Collapse?

Normally, thousands of container ships are carrying merchandise across the Pacific Ocean. Admittedly, the trade is skewed heavily in an eastward direction, with Asian goods coming to North America. But at least there are ships at sea moving product when the world economy is humming along. Right now, for the first time ever, there is not a single container ship at sea in the Pacific. Or the Atlantic. Or the Indian Ocean. All such ships are in port. Shipping Said to Have Ceased… Is the Worldwide Economy Grinding to a Halt?” By Jeff Berwick “Last week, I received news from a contact who is friends with one of the biggest billionaire shipping families in the world. He told me they had no ships at sea right now, because operating them meant running at a loss. This weekend, reports are circulating saying much the same thing: The North Atlantic has little or no cargo ships traveling in its waters. Instead, they are anchored. Unmovi...

5 of the world's biggest economies are at risk of recession

Five big economies are at risk of recession. It won't take much to push them over the edge. The British economy shrunk in the second quarter, and growth flat lined in Italy. Data published Wednesday show Germany's economy, the world's fourth largest, contracted in the three months to June. "The bottom line is that the German economy is teetering on the edge of recession," said Andrew Kenningham, chief Europe economist at Capital Economics. Mexico just dodged a recession— usually defined as two consecutive quarters of contraction — and its economy is expected to remain weak this year. And data suggest that Brazil slipped into recession in the second quarter. Germany, Britain, Italy, Brazil and Mexico each rank among the world's largest 20 economies. Singapore and Hong Kong, which are smaller but still serve as vital hubs for finance and trade, are also suffering. While growth has been dragged lower in each country by a specific cocktail...

The Looming Aftermath: Six Unsettling Scenarios Following an Economic Crash

A tight job market insulates a slowing economy - US Recession - Trump

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