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Translate/traducir/ Vertaal /
Terjemahan/μεταφράζω / übersetzen /
переводити/Traduire/ переводить
ترجم / לתרגם 翻訳する
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Balsam for Our Flayed Souls: The World’s Richest People Lost Another $124 Billion on Monday
by Erick Premiere and Georgi Stankov, August 24, 2015
www.stankovuniversallaw.com
Another $124 billion was wiped off the collective fortunes of the world’s 400 richest people today as the global selloff pushed the Standard & Poor’s 500 Index into its first correction in nearly four years.
Twenty-four billionaires saw their wealth fall by more than ten figures on Monday, including Bill Gates who dropped $3.2 billion and Jeff Bezos, who fell $2.6 billion, according to data compiled by the Bloomberg Billionaires Index. Mexico’s Carlos Slim lost $1.6 billion as his fortune fell to its lowest level since the Index began in 2012.
Sliding markets worldwide have resulted in Chinese shares sinking the most since 2007, Germany’s DAX falling into a bear market, and commodities reaching a 16-year low, as Brent crude plunged below $45 a barrel.
Last week’s declines had already seen the world’s 400 richest people lose $182 billion. A decline of $76 billion on Friday had put their fortunes into the red for the year-to-date.
The Bloomberg Billionaires Index takes measure of the world’s wealthiest people based on market and economic changes and Bloomberg News reporting. Each net-worth figure is updated every business day at 5:30 p.m. in New York and listed in U.S. dollars. The people responsible for the calculation of this index will be very busy in the coming days and may get nauseated by the precipitous fall of such rogue fortunes.
This entry was posted in Economic Collapse. Bookmark the permalink.
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Marc Faber: The Global Economy Is Entering An Epic Slump
by Georgi Stankov Posted on August 25, 2015
Unanimity of Opinions Is the Motto of the Day
www. stankovuniversallaw.com
Marx Faber confirms all the factors I have presented to you so far that have led to the current “epic slump” of the economy, the scope of which even this clever man cannot envision as agnostic thinker. Please observe that this interview was made before the actual stock markets crash began.
George
______________________________
Famed investor and author of the Gloom, Doom, Boom Report, Marc Faber, returns to the podcast this week to discuss the slowdown in the global economy, signs of which he claims are multiplying fast all around the world.
He predicts the next year is going to be an especially bruising one for investors, and recommends a combination of diversification and defense for those with financial capital to protect:
I do not believe that the global economy is healing. I believe that the global economy is heading into a slump once again.
We have a slowdown practically everywhere and if you take out the fudging of statistics (main point in my discussions as this falsification of the inflation statistics in particular has hidden the key fact that the western economy is in the Greatest Depression of all times, note, George) , the economy for the median household everywhere in the world is not doing particularly well. If the global economy were doing so fantastically well, how would it be that commodities collapsed to the extent that they have declined? Or how would it be that the currencies of American markets and some of them have actually declined by more than 50 percent against the U.S. dollar in the last three years. How would this happen? So I do not believe that we have a healing of the global economy. On the contrary, I believe that the global economy is slowing down (In fact it is in the Greatest Depression, note, George) and that essentially equity markets are not particularly attractive.
Preceding every bubble, you have a huge expansion of credit (the real term is gargantuan increase of debt, note George). That was the case in the period ’97 to 2000, and in the period 2003 to 2007, and on previous occasions in economic history. In the case of China, credit as a percent of the economy has grown by more than 50% over the last five years, which is essentially a world record. And in my view, its economy is slowing down rapidly. I had a drink with a friend of mine the other day who has car dealerships, luxury car dealerships, in China. He said sales have hit a brick wall. Not ‘slowed down'; a brick wall. And indeed, exports were down and car sales were down in July. I think that this will then spill over again into other emerging economies because China is a large buyer of commodities and a large trading partner to other countries.
I travel extensively. I can see roughly what is going on. So I really believe that the American market complex is not doing well at the present time. And everywhere, people basically are faced with rising costs of living and essentially declining currencies so that the persons in power goes down. So it’s not a pretty picture.
Marc Faber further speaks of all the bubbles that now burst and impoverish the people. Fantastic unanimity with all my theses especially in this point: The central banksters are not running out of munition as the interviewer suggests but are criminals according to Marc Faber. What else? There is not much liquidity in the market, confirms Marc Faber in full agreement with me on the current severe credit and cash crunch. And so on… A very inspiring interview overall, even if he does not see the total collapse of this reality and the abolishment of money at the end of this “Epic Change” where the current slump of the stock markets is just the petting to the real orgasm of divine destruction next month, the architects of which we are as incumbent Logos Gods.
This entry was posted in Economic Collapse. Bookmark the permalink.
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Sharing:
Marc Faber: The Global Economy Is Entering An Epic Slump
by Georgi Stankov Posted on August 25, 2015
Unanimity of Opinions Is the Motto of the Day
www. stankovuniversallaw.com
Marx Faber confirms all the factors I have presented to you so far that have led to the current “epic slump” of the economy, the scope of which even this clever man cannot envision as agnostic thinker. Please observe that this interview was made before the actual stock markets crash began.
George
______________________________
Famed investor and author of the Gloom, Doom, Boom Report, Marc Faber, returns to the podcast this week to discuss the slowdown in the global economy, signs of which he claims are multiplying fast all around the world.
He predicts the next year is going to be an especially bruising one for investors, and recommends a combination of diversification and defense for those with financial capital to protect:
I do not believe that the global economy is healing. I believe that the global economy is heading into a slump once again.
We have a slowdown practically everywhere and if you take out the fudging of statistics (main point in my discussions as this falsification of the inflation statistics in particular has hidden the key fact that the western economy is in the Greatest Depression of all times, note, George) , the economy for the median household everywhere in the world is not doing particularly well. If the global economy were doing so fantastically well, how would it be that commodities collapsed to the extent that they have declined? Or how would it be that the currencies of American markets and some of them have actually declined by more than 50 percent against the U.S. dollar in the last three years. How would this happen? So I do not believe that we have a healing of the global economy. On the contrary, I believe that the global economy is slowing down (In fact it is in the Greatest Depression, note, George) and that essentially equity markets are not particularly attractive.
Preceding every bubble, you have a huge expansion of credit (the real term is gargantuan increase of debt, note George). That was the case in the period ’97 to 2000, and in the period 2003 to 2007, and on previous occasions in economic history. In the case of China, credit as a percent of the economy has grown by more than 50% over the last five years, which is essentially a world record. And in my view, its economy is slowing down rapidly. I had a drink with a friend of mine the other day who has car dealerships, luxury car dealerships, in China. He said sales have hit a brick wall. Not ‘slowed down'; a brick wall. And indeed, exports were down and car sales were down in July. I think that this will then spill over again into other emerging economies because China is a large buyer of commodities and a large trading partner to other countries.
I travel extensively. I can see roughly what is going on. So I really believe that the American market complex is not doing well at the present time. And everywhere, people basically are faced with rising costs of living and essentially declining currencies so that the persons in power goes down. So it’s not a pretty picture.
Marc Faber further speaks of all the bubbles that now burst and impoverish the people. Fantastic unanimity with all my theses especially in this point: The central banksters are not running out of munition as the interviewer suggests but are criminals according to Marc Faber. What else? There is not much liquidity in the market, confirms Marc Faber in full agreement with me on the current severe credit and cash crunch. And so on… A very inspiring interview overall, even if he does not see the total collapse of this reality and the abolishment of money at the end of this “Epic Change” where the current slump of the stock markets is just the petting to the real orgasm of divine destruction next month, the architects of which we are as incumbent Logos Gods.
This entry was posted in Economic Collapse. Bookmark the permalink.
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The Stock Markets Carnage Continues Unabated
by Georgi Stankov Posted on August 26, 2015
Georgi Stankov, August 25, 2015
www.stankovuniversallaw.com
After four consecutive days of pillage and carnage on all stock markets worldwide that brought the greatest slump since 2011, it is normal for the indexes to seek a firm ground and show resistance. The futures of all major equity markets indicated yesterday that today one should expect upward corrections in the range of 2 to 3 % for Dow Jones and S&P 500. Then the mood turned frantic one more time when the Shanghai Index dropped another 7, 73% in a row after it had already fallen more than 8% on Monday. The Nikkei Index followed this downward trend shortly thereafter, notwithstanding positive futures and early gains in the day. At the end, the Nikkei 225 lost 734 points or 3,96%, which is quite a bit for this already battered stock market.
The hastily announced decision of the Chinese central bank today to cut interest rates for the fifth time since November and to lower the amount of cash banks must possess in an attempt to stem the country’s biggest stock market rout since 1996 and a deepening economic slowdown had absolutely no effect on the Shanghai index but supported the European stock markets that made a significant correction today. They were the only markets yesterday with negative futures, which means that this indicator has no value at all in the current unique End Time that now follows divine laws and not the perverted logic of the Orion banksters.
However, these European equity markets, in particular the leading British FTSE 100 and the German DAX, are essentially very weak and slavishly follow the US markets. One cannot expect any impulses coming from them. Besides, the FTSE index never really recovered from the 2008 crisis, which led to the bankruptcy of most major banks on the island that had to be nationalized. Since then this sinking island is in a state of constant depression, officially recognized as recession, and has displayed the most rapid and broad impoverishment of the people from all countries in Europe and only comparable to the poverty levels in the USA. The losses this last week wiped out all the gains of the FTSE index for the last 2 1/2 years.
The Dax stands a little bit better, but it has the tendency to fall very fast when the US support is gone. Hence the EU stock markets are irrelevant for our analysis as they cannot give any positive impulses and will only follow the downturn of the US and Chinese equity markets.
What happened today in the USA on the stock markets is rather remarkable as it was shown beyond any doubt that the financial crash cannot be stopped and that the bulls are leaving in panic the stock exchange as predicted by myself.
At the beginning, a rebound took the Dow Jones Industrial Average up more than 440 points which quickly disappeared in the final hours of trading, with investors giving in to trepidation over what will happen overnight in China amid the most volatile equity markets in four years.
Dow Jones ended down 204.91 points, or 1.3 percent, at 15,666.44, and 4 percent below its session high. The most significant fact is that the peak-to-trough retreat exceeded the loss at Monday’s close when the index crashed almost 1100 points at the start. The Standard & Poor’s 500 Index went from up 2.9 percent to down 1.4 percent, closing at 1,867.61 as most of the selling occurred after 2 p.m.
U.S. stocks slide continues This unwinding crashed the shaky confidence of the bulls who earlier in the day staked hopes on China’s efforts to inject stimulus into its economy. At the end of the day more than $2 trillion ($7 trillion worldwide) has been erased from American equity values since last Wednesday, bursting a calm and artificially growing equity bubble fed by Fed’s ZIRP that has gone for almost four years without any big correction. Now all the robo-traders are in utter panic, what comes next.
Stocks couldn’t avoid plumbing Monday’s depths in a chart phenomenon known as a re-test, where the lowest levels of previous days starts to influence trader psychology. The S&P 500 has now lost 11 percent in five days, the worst stretch since August 2011, with a measure of market turbulence known as the VIX (Volatility Index) sitting at more than twice its average level for the past three years. The Chicago Board Options Exchange Volatility Index slid 12 percent Tuesday to 36.02. The VIX surged as much as 90 percent Monday to touch the highest level since January 2009 before closing at a nearly four-year high.
Every industry in the S&P 500 ended with losses, with the biggest in utilities, phone companies, commodity shares and banks. About 10.4 billion shares traded hands on U.S. exchanges, 53 percent higher than the three-month average, which is a good measure of the broad scope of the carnage.
I performed today a chart-technical analysis of Dow Jones and S&P 500 and came to the conclusion that the slump will continue in the next days. Today, major resistance levels were broken. The next level where short-lived corrections and resistances may be expected are between 1800 – 1842 points for S&P 500 and around 14800 points for Dow Jones. If these levels are broken by the end of August, then there will be no stopping to the downside.
With this I finish with my technical analysis as it is not the objective of this website to make you experts in stock markets as there is nothing to win there. I only want to give you a fair estimate that we are fully on track with our ascension schedule and that now the speed of unwinding of the Orion matrix is entirely driven by the crash of the equity markets as the most visible form of fraudulent investment before other major domino pieces of the Orion-Ponzi scheme begin to fall in an uncontrolled manner.
From now on there is only one form of collapse – uncontrolled for the cabal and the banksters – that is driven by the very precisely orchestrated paradigm shift which we, the incumbent Logos Gods of this uppermost mother planet, now create in each moment in the Now with our thoughts and divine expertise.
And please observe that the crash of the stock markets has nothing to do with this website, hence do not forget clicking. It needs your support to the very last minute to help you understand the process of ascension in its full depth.
This entry was posted in Economic Collapse. Bookmark the permalink.
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* * * The Stock Markets Carnage Continues Unabated
by Georgi Stankov Posted on August 26, 2015
Georgi Stankov, August 25, 2015
www.stankovuniversallaw.com
After four consecutive days of pillage and carnage on all stock markets worldwide that brought the greatest slump since 2011, it is normal for the indexes to seek a firm ground and show resistance. The futures of all major equity markets indicated yesterday that today one should expect upward corrections in the range of 2 to 3 % for Dow Jones and S&P 500. Then the mood turned frantic one more time when the Shanghai Index dropped another 7, 73% in a row after it had already fallen more than 8% on Monday. The Nikkei Index followed this downward trend shortly thereafter, notwithstanding positive futures and early gains in the day. At the end, the Nikkei 225 lost 734 points or 3,96%, which is quite a bit for this already battered stock market.
The hastily announced decision of the Chinese central bank today to cut interest rates for the fifth time since November and to lower the amount of cash banks must possess in an attempt to stem the country’s biggest stock market rout since 1996 and a deepening economic slowdown had absolutely no effect on the Shanghai index but supported the European stock markets that made a significant correction today. They were the only markets yesterday with negative futures, which means that this indicator has no value at all in the current unique End Time that now follows divine laws and not the perverted logic of the Orion banksters.
However, these European equity markets, in particular the leading British FTSE 100 and the German DAX, are essentially very weak and slavishly follow the US markets. One cannot expect any impulses coming from them. Besides, the FTSE index never really recovered from the 2008 crisis, which led to the bankruptcy of most major banks on the island that had to be nationalized. Since then this sinking island is in a state of constant depression, officially recognized as recession, and has displayed the most rapid and broad impoverishment of the people from all countries in Europe and only comparable to the poverty levels in the USA. The losses this last week wiped out all the gains of the FTSE index for the last 2 1/2 years.
The Dax stands a little bit better, but it has the tendency to fall very fast when the US support is gone. Hence the EU stock markets are irrelevant for our analysis as they cannot give any positive impulses and will only follow the downturn of the US and Chinese equity markets.
What happened today in the USA on the stock markets is rather remarkable as it was shown beyond any doubt that the financial crash cannot be stopped and that the bulls are leaving in panic the stock exchange as predicted by myself.
At the beginning, a rebound took the Dow Jones Industrial Average up more than 440 points which quickly disappeared in the final hours of trading, with investors giving in to trepidation over what will happen overnight in China amid the most volatile equity markets in four years.
Dow Jones ended down 204.91 points, or 1.3 percent, at 15,666.44, and 4 percent below its session high. The most significant fact is that the peak-to-trough retreat exceeded the loss at Monday’s close when the index crashed almost 1100 points at the start. The Standard & Poor’s 500 Index went from up 2.9 percent to down 1.4 percent, closing at 1,867.61 as most of the selling occurred after 2 p.m.
U.S. stocks slide continues This unwinding crashed the shaky confidence of the bulls who earlier in the day staked hopes on China’s efforts to inject stimulus into its economy. At the end of the day more than $2 trillion ($7 trillion worldwide) has been erased from American equity values since last Wednesday, bursting a calm and artificially growing equity bubble fed by Fed’s ZIRP that has gone for almost four years without any big correction. Now all the robo-traders are in utter panic, what comes next.
Stocks couldn’t avoid plumbing Monday’s depths in a chart phenomenon known as a re-test, where the lowest levels of previous days starts to influence trader psychology. The S&P 500 has now lost 11 percent in five days, the worst stretch since August 2011, with a measure of market turbulence known as the VIX (Volatility Index) sitting at more than twice its average level for the past three years. The Chicago Board Options Exchange Volatility Index slid 12 percent Tuesday to 36.02. The VIX surged as much as 90 percent Monday to touch the highest level since January 2009 before closing at a nearly four-year high.
Every industry in the S&P 500 ended with losses, with the biggest in utilities, phone companies, commodity shares and banks. About 10.4 billion shares traded hands on U.S. exchanges, 53 percent higher than the three-month average, which is a good measure of the broad scope of the carnage.
I performed today a chart-technical analysis of Dow Jones and S&P 500 and came to the conclusion that the slump will continue in the next days. Today, major resistance levels were broken. The next level where short-lived corrections and resistances may be expected are between 1800 – 1842 points for S&P 500 and around 14800 points for Dow Jones. If these levels are broken by the end of August, then there will be no stopping to the downside.
With this I finish with my technical analysis as it is not the objective of this website to make you experts in stock markets as there is nothing to win there. I only want to give you a fair estimate that we are fully on track with our ascension schedule and that now the speed of unwinding of the Orion matrix is entirely driven by the crash of the equity markets as the most visible form of fraudulent investment before other major domino pieces of the Orion-Ponzi scheme begin to fall in an uncontrolled manner.
From now on there is only one form of collapse – uncontrolled for the cabal and the banksters – that is driven by the very precisely orchestrated paradigm shift which we, the incumbent Logos Gods of this uppermost mother planet, now create in each moment in the Now with our thoughts and divine expertise.
And please observe that the crash of the stock markets has nothing to do with this website, hence do not forget clicking. It needs your support to the very last minute to help you understand the process of ascension in its full depth.
This entry was posted in Economic Collapse. Bookmark the permalink.
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