160207 – Economic Death Spiral

Today’s Items:

Deutsche Bank Lashes Out

Because of quantitative easing programs and negative interest rates are hurting the bottom line, a wounded Deutsche Bank has lashed out at central banks. Europe’s largest bank is openly defying central bank policy and demanding an end to easy money. Good luck with that.

Mechanics of NIRP

From the U.S. Treasury having to modify how they sell bonds to bank profitability, negative interest rates in the U.S. would present a challenging environment. It is possible that cash vault holdings would increase or that special banks could be formed to store physical currency. Either that, or mattress sales will explode.

Death Spiral

According to Citi Bank strategists, the global economy seems trapped in a “death spiral” that could lead to further weakness in oil prices, recession and a serious equity bear market. In short, they are admitting the global economy is going to hell.

Trucking Orders

Class 8 trucks make up the backbone of U.S. trade infrastructure and logistics. In November, Class 8 truck net orders were 59% below a year ago and the lowest level since September 2012. This was the weakest November order activity since 2009. In addition, the January numbers continued the drop as truck orders fell 48%.

Gas Tax

By proposing a $10 per barrel tax on every barrel of oil produced in the U.S., Obama wants to add a 25 cent gas tax on every gallon of gas purchased at the pump. Obama stated a few years back how much gas prices have the ability to harm everyone in the country, and especially people who are poor and just trying to make ends meet; thus, this sadistic waste-of-skin knows exactly the harm this would inflict.

Email Scandal Spin

Hillary Clinton is trying to spin the email scandal with lies stating that Colin Powell recieved emails that were classified. The only problem is that Powell recieved emails that were later classified unlike Hillary Clinton, according to the nonpartisan Intelligence Community Inspector General, who had emails that at the time they originated were classified.

Zika Smokescreen?

More and more people are finding out about the dangers of vaccines. Now, a new boogy man has appeared in the form of the Zika virus that causes birth defects. Yes, the vaccine against the Zika virus that was created and patented in 1947 by the Rockefeller Foundation.

Coffee Filters

Here are a few of 35 uses of coffee filters beyond having a cup of coffee…
1. Keep insects away from food.
2. Use it as emergency toilet paper.
3. Make an air freshener.

Finally, please prepare now for the escalating economic and social unrest. Good Day!

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