The Swiss National Bank stunned the markets by ending efforts to keep the euro from trading below 1.2 Swiss francs. The result caused the euro and U.S. dollar to slide. In addition, U.S. futures, crude and other commodities, except gold also tumbled. So, get ready for more price instability folks.
Putin Strikes Back
Because of stiff sanctions, Russia cut off 60% of Europe’s gas supplies right in the middle of winter. To prop up their economy, Russia will likely covert their foreign-currency reserves into rubles. Russia may convert as much as 500 billion rubles which was the fourth worst performing currency in 2014. Things are definitely heating up folks.
While low oil prices are bad for Russia, China is using the low oil prices to buy up as much as Latin American and Russian oil as possible. As the world’s number one energy consumer, China is enjoying the low oil prices while they last.
House Speaker John Boehner, to appease 25 rebellious Republicans, has decided to publicly take a hard line against illegal immigrants and Dreamers. He is likely doing this because he knows that Obama will veto any bill that rolls back any of his executive orders and there is not enough votes to override it. This is all kabuki theater folks.
Technology is Deflationary
Deflation is the nightmare scenario for central banks, debtors, central states, monopolies and cartels. In a competitive environment, thanks to advancements in technology, the gains in productivity of goods and services are passed to the customers as lower prices which is deflationary. So, which is more powerful in the long-term–central banks’ inflationary policies, or technology, innovation and competition? We will see.
89 Tips To Help You Prepare
Here are a few of 89 tips to help you prepare for the coming economic depression…
1. Have an emergency fund in place.
2. Do not put all of your eggs into one basket.
3. Be ready to bug out.
4. Have a back-up-plan and be flexible.
5 Things Weakening Immune System
Here are, with any details, 5 things that are weakening the immune system…
1. Eating fattening foods like cookies, French fries, and pizza.
2. Eating too much sugar.
3. Ignoring constipation.
4. Being sedentary.
5. Being antisocial.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
All content contained on the Hyper Report, and attached videos is provided for informational and entertainment purposes only. ‘Hyper Report’ all information to be truthful and reliable; however, the content on this site is provided without any warranty, express or implied. No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes. Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this site/video is your sole responsibility.