Or is it….
Or any combination of the above?
Remember, there’s a difference between these examples and that of a brave man or woman:
If you’re not already doing so, take a step back and evaluate what you need to do, what you need to learn, and what you need to equip yourself and your ‘precious cargo’ for the ever-closing harsh and dark times; for a time will come when it’s too late. If you’ve just come upon this blog and you don’t know, ask. We’re more than happy to help. If you’re a regular reader, spread the word, get your network aware of what needs to be done. There are a lot of good training sites available, no matter what part of the country you’re in. Start, or increase the intensity, of your learning. God forbid, when the time comes, you’ll need everything you’ve learned in both skill and knowledge.
Some recent warnings on various sites are below for your edification. The First and Second Amendment are truly all that stands in the way right now of those who would bring about SHTF and WROL scenarios. If we lose the guarantee to speak our minds, such as is done on this and other sites, we also lose the right to petition for redress of grievances and will no longer be able to protest the nullification of our inherent right to self-defense and preservation. If we lose that, we no longer can control how much or for how long our lives, liberty, and property will remain our own.
“The U.S. trade deficit just had its biggest drop since 2007, and it looks like the total deficit for 2015 will be well over $700 billion. This will reduce the real U.S. GDP figure. Debt will be what kills the world economy — both sovereign and private debt.
Most banks are massively exposed today. Just look at Deutsche Bank’s $6 billion loss, and Credit Suisse needs at least $5 billion Swiss francs of additional capital in order to prop up its balance sheet. If bad loans don’t kill these banks, derivatives certainly will.
Before banks collapse, there will be bail-ins everywhere. Another example of a disaster waiting to happen is Japan. Japan’s economy is 6 percent of world GDP, but its debt is 23 percent of world GDP. And Japan’s debt to its own GDP is a staggering and unsustainable 230 percent.”
[How long do you think you’ll be able to log on to your web browser and pick up training tid bits and other useful information as the noose tightens?]
“Groups such as CAIR, SPLC and both major political parties are all interested in trying to find a way to criminalize speech they don’t like. In places like Germany there are already laws that make certain types of speech — like mere speech that challenges accepted facts — illegal.”
“Just as occurred during the onset of the Great Depression, the lies will be legion the closer we come to zero hour. Here are some of the lies you will likely hear as the collapse accelerates…
The Crisis Was Caused By Chinese Contagion
The hypocrisy inherent in this lie is truly astounding, to say the least, considering it is now being uttered by the same mainstream dirtbags who only months ago were claiming that China’s financial turmoil and stock market upset were inconsequential and would have “little to no effect” on Western markets.
I specifically recall these hilarious quotes from Barbara Rockefeller in July:
“Something else that doesn’t matter much is the Chinese equity meltdown—again. China may be big and powerful, but it lacks a retail base and fund managers experienced in price variations, never mind a true rout…”
“Doom-and-gloom types have been saying for a long time that we will get a stock market rout when the Fed finally does move to raise rates. But as we wrote last week, history doesn’t bear out the thesis, not that you can really count on history when the sample size is one or two data points…”
It’s Not A Crash, It’s Just The End Of A “Market Cycle”
This is the most ignorant non-explanation I think I have ever heard. There is no such thing as a “market cycle” when your markets are supported partially or fully by fiat manipulation. Our market is in no way a free market, thus, it cannot behave like a free market, and thus, it is a stunted market with no identifiable cycles.
Swings in markets of up to 5%-6% to the downside or upside (sometimes both in a single day) are not part of a normal cycle. They are a sign of cancerous volatility that comes from an economy on the brink of disaster.
The last few years have been seemingly endless market bliss in which any idiot day trader could not go wrong as long as he “bought the dip” while Fed monetary intervention stayed the course. This is also not normal, even in the so-called “new normal”. Yes, the current equities turmoil is an inevitable result of manipulated markets, false statistics, and misplaced hopes, but it is indeed a tangible crash in the making. It is in no way an example of a predictable and non-threatening “market cycle”, and the fact that mainstream talking heads and the people who parrot them had absolutely no clue it was coming is only further evidence of this.
The Fed Will Never Raise Rates
Don’t count on it. Public statements by globalist entities like the IMF on China, for example, have argued that their current crisis is merely part of the “new normal”; a future in which stagnant growth and reduced living standards is the way things are supposed to be. I expect the Fed will use the same exact argument to support the end of zero interest rates in the U.S., claiming that the decline of American wealth and living standards is a natural part of the new economic world order we are entering.
That’s right, mark my words, one day soon the Fed, the IMF, the BIS and others will attempt to convince the American people that the erosion of the economy and the loss of world reserve status is actually a “good thing”. They will claim that a strong dollar is the cause of all our economic pain and that a loss in value is necessary. In the meantime they will, of course, downplay the tragedies that will result as the shift toward dollar devaluation smashes down on the heads of the populace.
The regulations range from new restrictions on high-powered pistols to gun storage requirements. Chief among them is a renewed effort to keep guns out of the hands of people who are mentally unstable or have been convicted of domestic abuse.
Gun safety advocates have been calling for such reforms since the Sandy Hook school shooting nearly three years ago in Newtown, Conn. They say keeping guns away from dangerous people is of primary importance.
The Justice Department plans to issue new rules expanding criteria for people who do not qualify for gun ownership, according to the recently released Unified Agenda, which is a list of rules that federal agencies are developing.
Some of the rules come in response to President Obama’s call to reduce gun violence in the wake of Sandy Hook. He issued 23 executive actions shortly after the shooting aimed at keeping guns away from dangerous people, and some of those items remain incomplete.
That’s not all. Gun Owners of America‘s Michael Hammond warned that the above reference to “criteria” could bar someone from owning a gun “who spanked his kid, or yelled at his wife, or slapped her husband.”
The first principle of “science” is that you publish not only your results but also your data and methodology; others then validate that set of results by replicating your experiment.
Publication without replication is not evidence of being correct, peer reviewed or not.
In short only replicated results count.
This is where the so-called climate screamers have been caught; their results could not be replicated and often the reason is that they refused to release the raw data and methodology (formulas and such), and when that was purloined in the latter case and examined the outright dishonest nature of the methodology was laid bare upon the table.
A new economics paper is making the rounds this week, and it has some pretty damning conclusions for the state of the whole subject.
Federal Reserve economists Andrew Chang and Phillip Li set about researching how many of the results published in top economics journals could be replicated — repeating the study and finding the same results.
They looked at 67 papers in 13 reputable academic journals.
The result is shocking: Without the help of the authors, only a third of the results could be independently replicated by the researchers. Even with their help, only about half, or 49%, could.
Even with the help of the original writers, who have an incentive to distort, only half of the claimed results could be replicated. Without their help, that is, standing alone as presented, only a third could.
The rest could not which means they’re worthless at best and misleading at worst.
Now about Bernanke’s thesis…… (which sure looks to be on fire about now…..)