muses of the moment

October 15, 2013

John Williams with shadowstats.com

Filed under: John Williams shadowstats, Unemployment — Tags: — totallygroovygirlfriday @ 9:09 pm

John estimates employment numbers since the government is shutdown.

– Estimated Headline U.3 Unemployment Rates: 7.3% in September, 7.6% in October, versus August Actual of 7.3%
– Estimated Headline Payroll Changes, or Jobs Gains/Losses: 181,000 Gain in September, 430,000 Loss in October, versus August Gain of 169,000
– Consumer Credit and Sentiment Show Deteriorating Consumer Liquidity Circumstances

October 13, 2013

telephones, telephones, why do hotels always hide their telephones…..

Filed under: Odds 'n ends — totallygroovygirlfriday @ 1:32 am

October 11, 2013

US Dollar as Reserve

Filed under: Dollar Crisis, Economic Crisis, Fiat Currency, The Dollar Crisis, The Federal Reserve — totallygroovygirlfriday @ 1:49 am

Here is Lew’s response to the US Dollar as a reserve currency. He says that the world counts on the US’s policy of the dollar for stability.

groovygirl is taking an online course out of Hong Kong that tells a very different story. Asia thinks that the US’s dollar policy helps the US domestic policy and not the world’s stability and they are aggressively thinking up something new and improved. It is always interesting to get away of the US propaganda blinders to see what other people think. Although, they also have their own agenda, but seem to be very aware of the short comings of the current system and hope to form something that doesn’t have those short comings….

Always understand the CONTEXT first, then the CONTENT. Know the point of view of the author, teacher, or politician, then you can better discern the truth, no matter what the info they put forth.

This new currency move will end the prosperity and positive debt expansion that the US has enjoyed since 1945, secured in 1971 but the disconnect of the dollar to gold, and continued to be secured by the protection of the petro-dollar trade through the Saudis and their financial influence in the oil region. It is now Asia’s turn in the cycle.

October 10, 2013

Reggie on Greece

Filed under: Bailout Nation, Credit Derivatives, European Debt Implosion, The Banking Crisis, The Dollar Crisis — totallygroovygirlfriday @ 5:45 pm

Good post by Reggie Middleton on the Greek debt restructure and bailout. It is a smaller picture of the larger picture of this cycle: a wholesale wealth transfer. This is the current mode of operation going on around the world, especially Europe. It will eventually hit the US in some form (higher taxes, deflation or hyperinflation or all of the above), be prepared. The only positive thing that the US has, is the printing press. But that just means the Greek Tragedy for “advanced countries) takes 9 acts instead of 5…..but the end is the same. Massive transfer of wealth.

Click here.

The news of the potentially greater financing needs comes at a sensitive time for the country. Many in Europe, particularly in Germany, are losing their patience and there has been increased talk of the country leaving the common currency zone. Over the weekend, German Finance Minister Wolfgang Schäuble reiterated his skepticism of additional aid to Greece. “We can’t put together yet another program,” he said on Saturday, adding that it was irresponsible to “throw money into a bottomless pit.”

October 9, 2013

Latest Blog Post from Martin Armstrong dated October 7, 2013

Click here for Martin Armstrong’s latest blog post entitled Debt and the DOW dated October 7, 2013. He has the latest ECM chart on the DOW as well.

October 8, 2013

Latest Blog Post from Martin Atmstrong dated October 7, 2013

Click here for Martin Armstrong’s latest blog post entitled How Empires, Nations, and City States Die-We Seem To Be Right on Schedule dated October 7, 2013.

October 7, 2013

Jim Willie Interview

Filed under: Bailout Nation, Credit Derivatives, The Banking Crisis, The Federal Reserve, US Government Debt — totallygroovygirlfriday @ 9:24 am

Great interview with Jim Willie over at usawatchdog.com. It’s about 45 minutes. Click here.

Jim Willie suggests that the interest rate bond bubble has popped. And there is a major move behind the scenes to keep the NY Banks from imploding from these losses and moving into other markets.

Russia joins the party

Filed under: 401K and IRAs, Economic Crisis, European Debt Implosion — totallygroovygirlfriday @ 9:20 am

to “borrow” pension funds for the protection of the people. Click here.

October 6, 2013

Greatest Scene Ever…

Filed under: Odds 'n ends — totallygroovygirlfriday @ 2:47 am

October 4, 2013

Those darn T-bills

As you know the government shutdown is causing some issues…click here.

Gold still holding its own, but gets slammed $20 at a time to try and move the market down.

Dollar still trading BELOW 80, which it fell to due to the shutdown. If they are manipulating markets to keep it just below 80 and not any further, that would not be good. That means when they can’t fight anymore, it falls further. Or perhaps, Dc will come up with a plan that everyone is happy with 🙂

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