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U.S. retail sales drop biggest in 11 months, but seen as a blip

By Lucia Mutikani

WASHINGTON Wed Jan 14, 2015

The Commerce Department said on Wednesday retail sales fell 0.9 percent, the biggest decline since last January, after increasing 0.4 percent in November.

U.S. retail sales drop biggest in 11 months, but seen as a blip | Reuters




How can they have no money to buy when more people get employed?

US jobless rate falls to 5.6% in best year since 1999

By Paul HandleyJanuary 9, 2015

Washington (AFP) - The US unemployment rate fell to 5.6 percent in December, the lowest level in six and a half years, as the country capped its best year for job creation since 1999.

US jobless rate falls to 5.6% in best year since 1999

It has not recovered and the over all stats will not really look better until the 3rd quarter of the year.

Big Layoffs Begin at eBay and PayPal

February 2, 2015 By Jason Del Rey

Big Layoffs Begin at eBay and PayPal | Re/code

2,400 people in the technology sector are being kicked to the curb.

It's regrettable, but ever since the Industrial Revolution, with the advent of the Spinning & Weaving machines, and before, this has always been the result. Machines can simply run a lot more efficiently, consistently accurately, and a hell of a lot cheaper than a human can. No-one's going to put the genie back in the bottle. It's just the natural progression of things.

VERY old news, just with a slightly more modern slant on it. Try watching the film "The Man In The White Suit", with Alec Guinness. Same sort of principle.

There’s blood on the Street: Obama economy in “recovery?” Banks just cut 50,000 jobs. Bank revenues lowest in 8 decades- since Great Depression.

Submitted by IWB, on January 19th, 2015

Read more at There’s blood on the Street: Obama economy in “recovery?” Banks just cut 50,000 jobs. Bank revenues lowest in 8 decades- since Great Depression.

Do you think we could have a Forum Category specifically for Katsung rambling so the rest of us can simply block it.

Greenspan warns: There will be a “significant market event… something big is going to happen”

February 23, 2015



By Mac Slavo | SHTFPlan



With the Federal Reserve printing trillions upon trillions of dollars to keep the economic system afloat, many investors and financial pundits have surmised that the fundamental economic problems facing the United States during the crash of 2008 have been resolved. Stocks are, after all, at historic highs.

According to Lundin, the former Fed chairman made it clear that the central bank is facing a serious problem and one that will have significant ramifications in the future.

https://www.intellihub.com/federal-rese ... to-happen/

US running out of room to store oil; price collapse next?

Two news here, one said retail sales in February edge up 0.8%. The other one said it fell 0.6%. That’s a big conflict. Something wrong for the insiders when they tried to create a hoax.

U.S. Retail Sales Edge Up 0.8% in February From January -- Redbook



By Dow Jones Business News, March 03, 2015,



Read more: U.S. Retail Sales Edge Up 0.8% in February From January -- Redbook - NASDAQ.com

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Harsh weather freezes US economy for a 2nd year, though the slowdown is likely temporary

Associated Press March 12, 2015

Retail sales fell 0.6 percent in February, the government said Thursday, the third straight drop.

Déjà vu? Winter chills US economy, but slowdown should thaw - US News

katsung47;1475970 wrote: Two news here, one said retail sales in February edge up 0.8%. The other one said it fell 0.6%. Thats a big conflict. Something wrong for the insiders when they tried to create a hoax.

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Given that one related to the retail sales as a whole and the other was specifically relating to sales in national chain stores where's the conflict?

The only hoax comes from trying to equate the two - the second article was quite specific in which sectors were involved, car sales and restaurants being the main culprits, and neither of those would be included as national chain stores.

Bryn Mawr;1475983 wrote: Given that one related to the retail sales as a whole and the other was specifically relating to sales in national chain stores where's the conflict?

The only hoax comes from trying to equate the two - the second article was quite specific in which sectors were involved, car sales and restaurants being the main culprits, and neither of those would be included as national chain stores.


The only hoax came from you. To test who is telling truth, people can google it. That's a three months continueous plunge.

katsung47;1476650 wrote: The only hoax came from you. To test who is telling truth, people can google it. That's a three months continueous plunge.




Could you please explain the figures you're presenting - all I see is a very partial list.

Bryn Mawr;1476674 wrote: Could you please explain the figures you're presenting - all I see is a very partial list.
Oh, please. In order for him to explain it, he would first need to know what he was talking about, and we all know it's CIA plot to make it llok like it's the fault of the KGB.... or is it the other way round?

Bryn Mawr;1476674 wrote: Could you please explain the figures you're presenting - all I see is a very partial list.


When people talk about economy, they used to refer the whole, not part of it. So be the retail sales. I would say those used the chain store retail sales was misleading people.

katsung47;1476755 wrote: When people talk about economy, they used to refer the whole, not part of it. So be the retail sales. I would say those used the chain store retail sales was misleading people.


There were two articles, those two articles were quite clearly referring to different sub-sectors of the economy. Whether or not it is customary to refer to the whole economy or not* any attempt to directly compare the headline figures in the two articles is either mistaken or a deliberate attempt to mislead people.

* (as it happens it is not, it's quite common to analyse a single sector or sub-sector if that is showing a particular trend you're interested in)

It's a bit like when politicians spin "The Cost Of Living" figures - deciding whether to include property prices or not.

It's regrettable, but ever since the Industrial Revolution

Expert Says: “Look who’s going bankrupt next in America”

03.12.2015 BY Mike Palmer, Stansberry Research

No one believed Porter Stansberry six years ago.



As head of one of America’s largest independent financial research firms, Mr. Stansberry’s work back in 2008 led him to a bold, but worrisome, conclusion:



That the world’s largest mortgage bankers–Fannie Mae and Freddie Mac, which at the time were responsible for nearly 50% of all the mortgages in America–would soon go bankrupt.



RELATED: Multi-millionaire shares his blueprint for surviving the coming currency collapse.

In fact, in June of 2008, while their stock prices were still trading at well over $20 per share, Stansberry published a report to his customers titled: “Fannie Mae and Freddie Mac Are Going to Zero.”



Inside this report, Stansberry explained:



“For those of you who don’t work in the financial industry, it might be hard for you to immediately grasp what’s so dangerous about the extreme amount of leverage employed by Fannie Mae and Freddie Mac. Let me explain exactly what Fannie and Freddie do and why they’re in so much jeopardy…”

We all know what happened next.



Both agencies went bust—and if not for a bailout from the Federal Government, both would have declared bankruptcy.

Expert Says: “Look who’s going bankrupt next in America

Dr. Ron Paul Reveals #1 Step to Prepare for America’s Next Big Crisis



04.08.2015 BY Michael Palmer, Stansberry Research

He says America is on the verge of a real “currency crisis”—the likes of which we have not seen in more than 50 years.

Developing Story: Dr. Ron Paul Reveals #1 Step to Prepare for America’s Next Big Crisis

My personal investments are up nicely over the past five months. Who knows how long it will last.

Lon;1477655 wrote: My personal investments are up nicely over the past five months. Who knows how long it will last.
As far as Katsung is concerned, anything that doesn't spell misery, doom & gloom is a disaster. Success is his failure.