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TOPIC: Eminent Financial Collapse of Euro

Eminent Financial Collapse of Euro 28 Jan 2016 03:07 #1

  • Foxy
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sputniknews.com/columnists/20160121/1033486596/secret-behind-next-global-crash.html Combine this w/the mass influx of 3rd world non whites upon the region of N. Europe. Money frozen. No food. No weapons to defend self. Chaos that usher's in military force for total control. Their plan has been right on time. NWO. "Messiah'. World Church will be headed by what figure? Say it......
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Eminent Financial Collapse of Euro 01 Feb 2016 06:52 #2

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Has it collapsed yet?

Varoufakis for one might just have a few more economic credentials than our resident wee-kid... and his opinion is that the stakeholders will not allow the collapse of the eurozone - even wanting to call their bluff in regards to the Greek debt.

Heres an interview with Max Keiser....



wee-kids been calling doom for a while now but it hasnt actually eventuated.. there is some chaos re. refugees but none of the FEMA camp marshall law frozen money no food stuff... i think the proponents of these doom scenarios typically overcook it. Totalitarian tiptoe perhaps yes. But doom, well, its often called and rarely eventuates.

Its good for ammo and tinned food sales though. :hahano:
He who is without oil shall throw the first rod.
- Compressions 13.3:1
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Eminent Financial Collapse of Euro 01 Feb 2016 11:38 #3

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Thank god it's only an eminent collapse, and not an imminent one. I was just about to start selling all my assets.
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Eminent Financial Collapse of Euro 01 Feb 2016 12:07 #4

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novum wrote:
Has it collapsed yet?

Varoufakis for one might just have a few more economic credentials than our resident wee-kid... and his opinion is that the stakeholders will not allow the collapse of the eurozone - even wanting to call their bluff in regards to the Greek debt.

Heres an interview with Max Keiser....



wee-kids been calling doom for a while now but it hasnt actually eventuated.. there is some chaos re. refugees but none of the FEMA camp marshall law frozen money no food stuff... i think the proponents of these doom scenarios typically overcook it. Totalitarian tiptoe perhaps yes. But doom, well, its often called and rarely eventuates.

Its good for ammo and tinned food sales though. :hahano:
Cup cake, is that shoe? :chuckle: See anything of land ho!? :larf:
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Eminent Financial Collapse of Euro 02 Feb 2016 00:01 #5

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Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America

by Michael Snyder

Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country. It appears that the retail apocalypse that made so many headlines in 2015 has gone to an entirely new level as we enter 2016. As economic activity slows down and Internet retailers capture more of the market, brick and mortar retailers are cutting their losses. This is especially true in areas that are on the lower portion of the income scale. In impoverished urban centers all over the nation, it is not uncommon to find entire malls that have now been completely abandoned. It has been estimated that there is about a billion square feet of retail space sitting empty in this country, and this crisis is only going to get worse as the retail apocalypse accelerates.

We always get a wave of store closings after the holiday shopping season, but this year has been particularly active. The following are just a few of the big retailers that have already made major announcements…

-Wal-Mart is closing 269 stores, including 154 inside the United States.

-K-Mart is closing down more than two dozen stores over the next several months.

-J.C. Penney will be permanently shutting down 47 more stores after closing a total of 40 stores in 2015.

-Macy’s has decided that it needs to shutter 36 stores and lay off approximately 2,500 employees.

-The Gap is in the process of closing 175 stores in North America.

-Aeropostale is in the process of closing 84 stores all across America.

-Finish Line has announced that 150 stores will be shutting down over the next few years.

-Sears has shut down about 600 stores over the past year or so, but sales at the stores that remain open continue to fall precipitously.

But these store closings are only part of the story.

All over the country, shoppers are noticing bare shelves and alarmingly low inventory levels. This is happening even at the largest and most prominent retailers.

I want to share with you an excerpt from a recent article by Jeremiah Johnson. The anecdotes that he shares definitely set off alarm bells with me. Read them for yourself and see what you think…

*****

I came across two excellent comments upon Steve Quayle’s website that bear reading, as these are two people with experience in retail marketing, inventory, ordering, and purchases. Take a look at these:

#1 (From DJ, January 24, 2016)

“Steve-

[Regarding the] alerts about the current state of the RR industry. This is in line with what I’ve been noticing as I visited our local/regional grocery store, Walmart, and Target this week in WI. I worked in big box retail for 20 years specializing in Inventory Management. These stores are all using computerized inventory management systems that monitor and automatically replenish inventory when levels/shelf stock get low. This prevents “out of stocks” and lost sales. These companies rely on the ability to replenish inventory quickly from regional warehouses.

As I shopped this week and looked at inventory levels I was shocked. There were numerous (above and beyond acceptable levels) out of stocks across category lines at all three retailers. And even where inventory was on the shelf, the overall levels were noticeably reduced. Based on my experience, working for two of these three organizations in store management, they have drastically/intentionally reduced their inventory levels. This is either due to financial stresses/poor sales effecting their ability to acquire new inventory, or it could be the result of what was mentioned earlier regarding the transporting of goods to these regional warehouses. Either way this doesn’t bode well for the what’s to come. Stock up now while you can!”

#2 (From a Commenter following up #1 who didn’t provide a name, January 26, 2016)

“I’d like to tailgate on the SQ Alert “based on my experience…” regarding stock levels in big box stores. This weekend we were in two such stores, each in fairly isolated communities which are easily the communities’ best source for acquiring grocery items in quantity.

I myself worked in retail (meat) for thirty years so I know exactly what a well-stocked store looks like, understand the key categories and category drivers, and how shelves are stocked and displays are built to drive sales and profits. I also understand supply chain and distribution methodologies quite well.

Each of the stores we were in were woefully under-stocked. This time of year-the few weeks following the holidays-is usually big business in groceries and low stock levels suggest either poor ordering at the store level, poor purchasing at the distribution level or a purposeful desire to be under-stocked.

Anyone familiar with the retail grocery industry is also familiar with how highly touted “the big box store’s” infrastructure is. They know exactly when demand is high and for what items and in what quantities. It is very unlikely that both stores somehow got “surprised” by unusually high demand. It is reasonable then to imagine that low stock levels in rural areas with few options is a purposed endeavor to assure that both the budget conscious and the folks in more remote areas are not fully able to load up their pantries.

Simply put I believe the major retailer in question is doing their part to limit the ability of rural America to be sufficiently prepared. Nevertheless, we are wise to do our best to keep ahead of the curve. God bless your efforts, Steve.”

*****

Yes, this is just anecdotal evidence, but it lines up perfectly with hard numbers that I have been discussing on The Economic Collapse Blog.

Exports are plummeting all over the globe, and the Baltic Dry Index just plunged to another new all-time record low. The amount of stuff being shipped around by air, truck and rail inside this country has been dropping significantly, and this tells us that real economic activity is really slowing down.

If you currently work in the retail industry, your job is not secure, and you may want to start evaluating your options.

We have entered the initial phases of a major economic downturn, and it is going to be especially cruel to those on the low end of the income spectrum. Do what you can to get prepared now, because the economy is not going to be getting better any time soon.

Michael T. Snyder is a graduate of the University of Florida law school and he worked as an attorney in the heart of Washington D.C. for a number of years.

Today, Michael is best known for his work as the publisher of The Economic Collapse Blog and The American Dream.

If you want to know what is coming and what you can do to prepare, read his latest book Get Prepared Now!: Why A Great Crisis Is Coming.
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Eminent Financial Collapse of Euro 02 Feb 2016 13:16 #6

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What does Chicken Little have to say about it all?
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Eminent Financial Collapse of Euro 02 Feb 2016 13:21 #7

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Foxy wrote:
sputniknews.com/columnists/20160121/1033486596/secret-behind-next-global-crash.html Combine this w/the mass influx of 3rd world non whites upon the region of N. Europe. Money frozen. No food. No weapons to defend self. Chaos that usher's in military force for total control. Their plan has been right on time. NWO. "Messiah'. World Church will be headed by what figure? Say it......

As you obviously don't know the difference between Eminent and Immanent how TF can anyone take your posts seriously Foxy?
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Eminent Financial Collapse of Euro 02 Feb 2016 21:00 #8

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GMP wrote:
Foxy wrote:
sputniknews.com/columnists/20160121/1033486596/secret-behind-next-global-crash.html Combine this w/the mass influx of 3rd world non whites upon the region of N. Europe. Money frozen. No food. No weapons to defend self. Chaos that usher's in military force for total control. Their plan has been right on time. NWO. "Messiah'. World Church will be headed by what figure? Say it......

As you obviously don't know the difference between Eminent and Immanent how TF can anyone take your posts seriously Foxy?

He's made no reference to either there you stinky old fart, he's made reference to chaos, planning, deprivation, and Marshall law.

Whether he is right or not is another matter but you're spouting total shit with your cack handed analysis.
Once a hyena always a hyena.
Last Edit: 02 Feb 2016 21:04 by Frothy.
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Eminent Financial Collapse of Euro 03 Feb 2016 13:43 #9

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It looks like you missed the title of the thread, Frothy. As that is what was being referred to, your criticism is invalid.

If you'd have had him for the "mmanent" mis-spelling, you'd have been on more solid ground.
Last Edit: 03 Feb 2016 13:45 by ragnarok.
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Eminent Financial Collapse of Euro 03 Feb 2016 15:50 #10

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ragnarok wrote:
It looks like you missed the title of the thread, Frothy. As that is what was being referred to, your criticism is invalid.

If you'd have had him for the "mmanent" mis-spelling, you'd have been on more solid ground.

I was referring to the quote that he posted not the thread title, I've done that myself before by typing ''except'' when I meant ''accept''.

It's more like a weird kind of Typ0 than a lack of knowledge, It's not like wiiikiid has been posting about Eminent things such as outstanding characters in place of looming financial situations etc... and crossing the two different definitions.

The correct criticism would be ''you've written Eminent instead if imminent'' rather than assuming an obvious lack of knowledge has been presented.

But I take your point all the same.
Once a hyena always a hyena.
Last Edit: 03 Feb 2016 15:56 by Frothy.
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