Greetings good citizen,
It’s one thing for me to repeat (ad nauseum) that our civilization is on the verge of collapse and quite another to present the evidence that proves it.
Thus it is my pleasure to present to you the ever popular Shadow Stats!
WHEN (not if) the global supply chain shuts down we will instantly be faced with ‘too much money chasing too few goods’…typically notable by the frantic ‘bidding up’ of prices…also known as ‘hyper-inflation’.
*Note Mr. William’s subtle nod at the accountant’s difficulties keeping the data, er, ‘credible’.
You know as well as I good citizen that there is no recovery. There isn’t going to be one. The plunge stopped (temporarily) to let the economy ‘adjust’ to the new normal. Then it will plunge again.
In this case the ‘it’ in question is the economy and the global one if you want to be more specific.
Anyone? (Bueller) Anyone?
(and the geeky kid in the back says,) “It’s pointing to the failure of capitalism!”
Does the teacher hand the kid an ‘attaboy’ or detention?
What would YOU do?
Or were conservo-whackos worried that bad jobs numbers would bite THEM in the backside…because we all KNOW who is responsible for destroying the economy.
I don’t know what to tell you good citizen, there is obvious fraud in the markets and impending collapse in the supply chain, both of which spells disaster for our species.
What needs to be understood up front is both are the result of mis-management…to the degree of criminal negligence.
There is profit in crisis and the capitalists intend to inflict the ‘long emergency’ upon the rest of us.
This WILL lead to civil unrest and revolt.
DUMP CAPITALISM NOW!
Thanks for letting me inside your head,
Gegner.
It’s one thing for me to repeat (ad nauseum) that our civilization is on the verge of collapse and quite another to present the evidence that proves it.
Thus it is my pleasure to present to you the ever popular Shadow Stats!
No. 505: January CPI, Real Retail Sales and Earnings, Existing Home Sales, Subscription required February 21st, 2013Yes good citizen, while all of the picky pundits continue to insist the problem will be ‘deflation’ and not hyper-inflation, the central banks of the world are running the presses in ‘hyper-drive’.
• Real Earnings Fall Year-to-Year • January Year-to-Year Inflation: 1.6% (CPI-U), 1.5% (CPI-W), 9.2% (ShadowStats)
• Aside from Not Measuring Constant-Standard-of-Living Inflation, The Chained-CPI Is Too Unstable for Setting Cost-of-Living Adjustments
• Outlooks Unchanged for Ongoing Economic and System-Liquidity Crises and for Inflation Crisis to Develop in Year Ahead More ...
WHEN (not if) the global supply chain shuts down we will instantly be faced with ‘too much money chasing too few goods’…typically notable by the frantic ‘bidding up’ of prices…also known as ‘hyper-inflation’.
No. 504: January 2013 Housing Starts, PPI and PPI and CPI Revisions Subscription required February 20th, 2013Inflation is still in ‘runaway mode’ while the government continues too ‘cook the books’ (just like they do with the unemployment numbers.)
• January 2013 Housing Starts 61% Below High of January 2006
• Annualized January PPI Headline Inflation of 2.5% Was 7.1%, Before Seasonal-Adjustment Muting
• *Revised Seasonally-Adjusted Inflation Data Suggestive of Instabilities in Monthly Headline Reporting More ...
*Note Mr. William’s subtle nod at the accountant’s difficulties keeping the data, er, ‘credible’.
No. 503: January 2013 Industrial Production‘Pre-recession levels’…so how’s that recovery (that nobody but the pundits and the financial sector has been able to see) coming?
Subscription required February 15th, 2013
• Annual Production Growth in January Slowed to Pre-Recession Levels
• Monthly Production Decline Was In the Context of Continued Volatile and Unstable Reporting
• Production Benchmark Revision in March Should Show Weaker Activity Than Previously Estimated More ...
You know as well as I good citizen that there is no recovery. There isn’t going to be one. The plunge stopped (temporarily) to let the economy ‘adjust’ to the new normal. Then it will plunge again.
In this case the ‘it’ in question is the economy and the global one if you want to be more specific.
No. 502: January 2013 Retail SalesA single (harrowing) bullet point but what does it point to, eh, good citizen?
Subscription required February 13th, 2013
• Retail Sales Continued to Stagnate, Reflecting Intensifying Structural Liquidity Issues for the Consumer More ...
Anyone? (Bueller) Anyone?
(and the geeky kid in the back says,) “It’s pointing to the failure of capitalism!”
Does the teacher hand the kid an ‘attaboy’ or detention?
What would YOU do?
No. 501: December 2012 and Annual Trade Balance, Consumer Credit Subscription required February 8th, 2013Not that there was much of a ‘choice’ (The whole system is designed to provide an ‘illusion of participation’) but where was this data during the run up to the election?
• Little Changed for the Year, 2012 U.S. Merchandise Trade Deficit Still Reflected [the] Cumulative Loss of 6.6 Million Jobs
• December Trade Reporting Suggested Upside Contribution to First Revision of Fourth-Quarter GDP
• New ShadowStats Graph of Consumer Credit Outstanding More ...
Or were conservo-whackos worried that bad jobs numbers would bite THEM in the backside…because we all KNOW who is responsible for destroying the economy.
No. 500: SPECIAL COMMENTARY U.S. Government GAAP-Based 2012 Financial Data
February 5th, 2013
• GAAP-Based Federal Budget Deficit Hit Record $6.6 Trillion in 2012
• Five-Year Average Annual Shortfall at $5.2 Trillion
• With U.S. Facing Mortal, Long-Range Solvency Issues, Hyperinflation Remains a Virtual Certainty More ...
I don’t know what to tell you good citizen, there is obvious fraud in the markets and impending collapse in the supply chain, both of which spells disaster for our species.
What needs to be understood up front is both are the result of mis-management…to the degree of criminal negligence.
There is profit in crisis and the capitalists intend to inflict the ‘long emergency’ upon the rest of us.
This WILL lead to civil unrest and revolt.
DUMP CAPITALISM NOW!
Thanks for letting me inside your head,
Gegner.
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