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The Economy is About to Implode
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01-18-2016, 09:23 PM #1
Anonymous Kritter Incognito Anonymous
Iran has been carefully planning for its return from the economic penalty box by hoarding tons of oil in tankers at sea.
Now that the U.S. and European Union have lifted some sanctions on Iran, the OPEC country can begin selling its massive stockpile of oil.
The sale of this seaborne oil will allow Iran to get an immediate financial boost before it ramps up production. The onslaught of Iranian oil is coming at a terrible time for the global oil markets, which are already drowning in an epic supply glut.

More: http://money.cnn.com/2016/01/18/investin...oplead-dom

Big banks are cringing as crude oil is crumbling.
Firms on Wall Street helped bankroll America's energy boom, financing very expensive drilling projects that ended up flooding the world with oil.
Now that the oil glut has caused prices to crash below $30 a barrel, turmoil is rippling through the energy industry and souring many of those loans. Dozens of oil companies have gone bankrupt and the ones that haven't are feeling enough financial stress to slash spending and cut tens of thousands of jobs.
Three of America's biggest banks warned last week that oil prices will continue to create headaches on Wall Street -- especially if doomsday scenarios of $20 or even $10 oil play out.

More: http://money.cnn.com/2016/01/18/investin...oplead-dom

It's doom.jpg This could make 2008 look like good times.
01-18-2016, 09:37 PM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,408 Threads:1,479 Joined:Feb 2011
All the signs are there that this could go downhill quickly.
This is going to stifle the Saudis economy, and possibly start a war.
It's not doing any favors for the petrol dollar either.

01-18-2016, 10:08 PM #3
Octo Mother Superior
Posts:41,170 Threads:1,536 Joined:Feb 2011
I think we'll see some grim happenings this year hiding.gif
01-18-2016, 10:20 PM #4
Octo Mother Superior
Posts:41,170 Threads:1,536 Joined:Feb 2011
<blockquote class="twitter-tweet" lang="en"><p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Iran?src=hash">#Iran</a> to boost <a href="https://twitter.com/hashtag/oil?src=hash">#oil</a> output by 500,000 barrels a day <a href="https://t.co/mkPSjvunOC">https://t.co/mkPSjvunOC</a> <a href="https://t.co/ZT0QZ4eXX4">pic.twitter.com/ZT0QZ4eXX4</a></p>&mdash; RT (@RT_com) <a href="https://twitter.com/RT_com/status/689160066684055552">January 18, 2016</a></blockquote>
01-18-2016, 10:29 PM #5
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,408 Threads:1,479 Joined:Feb 2011
Look for it to drop like a rock. They are paying 80 cents a gallon in Michigan damned.gif
This could bring about deflation.

01-18-2016, 11:12 PM #6
Cynicalabsurdance Member
Posts:10,340 Threads:231 Joined:Feb 2011
anything to kill the wealth of Oil Pimps

is happy news to me

anything this fun , is worth sticking around for

Fall of Prince Phat
01-18-2016, 11:27 PM #7
Cynicalabsurdance Member
Posts:10,340 Threads:231 Joined:Feb 2011
Wrote this for this exact event , when the Rain Falls , the Reign comes tumbling down

Fall of Prince Fat ( Global Oil Pimps )

long poem , hold still as you read it and see if the gestalt pings decently .

~~~~~ The Fall of Prince Fat ~~~~~~

The lower case
third person singular
with a burning mind

sits in the skull
of a lost soul
missing time

fair weather friend
stops by to wink
a High

the last teardrop
of a crying sky

Sea level dropping
a mile a millennium
drops so slow
you can hardly bare
to feel 'em

Willow Branch sink so low
nerve endings
ran last in the show
first runner up
came around last
would'a been here sooner
but can't move over too fast

can't say what tomorrow
might bring
but in this Pot Luck
it's good to bring anything

Hop Scotch
and hip Irish too
gonna join the Isle of Man
soon as the Brits get laid
and the hoops
are jumped through

Nothin' say's lovin'
like a Sky full of blue
wind will wander
as far as you
want it to

Throne of Isis
sits in a Tomb
while Pharaohs daughter
stands drenched in gloom
asking permission
to dance with the Moon

Pills all popped
and dope all shot
when the beer runs out
your mind starts it's rot

Argue the moment you
begin to spin
down into darkness
wearing Samson's
under Tiger's skin

Argue with torment
as he rakes you in
cashing your welfare
and soaking up Gin

Tomorrow comes
in a Benz
alligator hide
wearing muffs made
of Antelope skins

Turn to find
your back staring
at you
stare right back
best you can do
stare into it's mind
stare all day
only to find
you've stared yourself
into the back of your mind

White Picket fence
on a country lane
serene setting
for a murder
in the rain

Last call for the
Al at the back of the hall
shoveling dishes
stacking them tall

Al whistles at
the girl on a Bike
passing him by
to visit her Dike

Al wishes he could compete
with the Tongue of
that Dike Monique
but she's practiced
all of her life
at making off
with a good man's wife

Daisy Yellow colored Sun
where on earth
you shine for some
not for others
and yet for me
what Shines through
the dark
only I can see

Lay the lady
on a Mattress soft and
let the walkers
sooth her with
cookies ,milk
fresh from the farm

lady wakes by sad dreams
and she tilts her eyes to the side

watching as broken hearts
sigh with their screams
while wonder washes up
on the tide

Wonder wanders out
on it's own
never looking back
forgetting about home

Scene of desperation
wall of brick
falling Humpty's
Kings Horses made of tricks
all fall to pieces
when the Dance comes around
Can't Humpty a Dumpty
once he's smashed
on the ground

Lost Future in a minute past
Took sutures to hold the cast
Humpty died on his way
too catch the Gloom
from a Sunny damned day
under a blacked out moon

couldn't have died
none too soon

no, he couldn't have died
under a shiny Moon

He had to die
under that dark
of a Moon
shroud in the Gloom

Cause Light is not
what Humpty was about
when you are that damned
you stay in the dark
and seldom come out

Couldn't have died none too soon

had to die by the dark
of the Moon

~~~~~~~ End ~~~~~~~~~~~~

the Big Fat Humpty Dumpty should have never climbed
up on that Wall ,, for it left the Humpty Vulnerable to
His Big Fat Fall ,,,

I dance with glee over the Fall ,,, because as above says

" Because LIGHT is NOT what Humpty is about "

we've been hammered for 100 years by this greed shït .
01-19-2016, 01:02 AM #8
Cynicalabsurdance Member
Posts:10,340 Threads:231 Joined:Feb 2011
The U.S.A. Imposed Sanctions on Venezuela as well .

all in the name of Oil
check out the pic below

Fat Wealthy causing starvation over Oil Profits

Attached Files
.jpg Empty Venezuelan Store Shelves.jpg Size: 11.05 KB  Downloads: 1
01-19-2016, 01:03 AM #9
Cynicalabsurdance Member
Posts:10,340 Threads:231 Joined:Feb 2011
is it obvious yet , who runs the U.S.A. and Why ?

Attached Files
.jpg Kissing Oil Piggies.jpg Size: 51.27 KB  Downloads: 1
01-19-2016, 01:39 AM #10
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,408 Threads:1,479 Joined:Feb 2011
It's all about keeping the petrol dollar afloat.

01-19-2016, 02:46 AM #11
bohica Member
Posts:1,558 Threads:208 Joined:Feb 2011
What most sheeple don't know is that if there is a collapse, 75% of the population will be ratting each other out, to curry favor with whoever seizes power locally.

I'm in my seventh decade on Earth. I know things.
01-19-2016, 03:51 AM #12
Kreeper Griobhtha
Posts:10,740 Threads:707 Joined:Feb 2011
(01-18-2016, 10:29 PM)JayRodney Wrote:  Look for it to drop like a rock. They are paying 80 cents a gallon in Michigan damned.gif
This could bring about deflation.

That's because of a price war between competitors.

They keep talking about an oil glut and the price being $30 a barrel, but the price of gas hasn't dropped accordingly. It has dropped quite a bit, but it should be lower. And even though the price of fuel has dropped nothing else has. Whenever the price of fuel goes up everything else (fuel, etc) goes up accordingly. Why aren't those prices dropping also?

Politicians hide themselves away
They only started the war
Why should they go out to fight?
They leave that role to poor
01-19-2016, 11:12 PM #13
Cynicalabsurdance Member
Posts:10,340 Threads:231 Joined:Feb 2011
Economics is what caused the Berlin Wall to fall .

It's the weapon of power players ( Power over Others + Poo's )

I'm beginning to get Anarchistic as hell lately .

I'd tear that WALL down and suffer nothing

those who would feel it are living to large

those who are enslaved and impoverished , not so much , they are alreay
persecuted and eating shït .

Obama said : Are you ready for a change ?

and people said : He aint changed shït

on no ?

Cuba , all sanctions disposed and doors opened for free trade with Cuba

that's a change that should have come 55 years ago , should never had sanctions

Iran , unfroze their billions and billions in assets , we should never done that

we haven't seen the full weight that just these two changes will bring

but I don't need to , I only needed to know that the frozen assets and sanctions
were criminal and served the POO's

let it all change ,

Attached Files Thumbnail(s)
01-20-2016, 12:17 AM #14
Accidental Stoner Member
Posts:8,724 Threads:78 Joined:Feb 2011
01-21-2016, 01:51 AM #15
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,408 Threads:1,479 Joined:Feb 2011
was reading the other day election results are often based on the market. If down, challenging party wins, if up...
incumbents win.
Had like an 84% accuracy.




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