PODCAST 37 MIN. of Contents of This Page.
( Please see Links and Graphics for each Headline Outlined, below )
- Construction of single-family homes
in Alberta Canada
has fallen back to 2009 levels.
US is reporting new home sales have spiked,
this is due to speculators in the south and manipulation.
2. Richmond Fed declines and there are now major warning signs
that a major collapse is approaching.
3. BOJ ( Bank of Japan ) is now nationalizing the stock market,
the open free market is gone.
4. Corporations are now issuing debt and the ECB is buying it up.
5. Foreign demand for Treasuries has now dried up.
6. The FUTA tax records show that job market has not gotten any better,
the economy is headed towards a major collapse.
7. France and Germany are trying to push legislation
to allow government bodies to all encrypted systems.
8. Kerry tells South Sudan you must obey or else.
9. US and South Korea push drills to provoke the North.
10. US is now flying Cobra helicopters
to bomb those who oppose the unity government.
11. US has set up an exclusion zone while no one was looking,
this was the plan along.
12. The IS is making propaganda threats to the west
and Germany might draft the population into the armed forces
if there is an event.
Check Out The X22 Report Spotlight YouTube Channel –
Please check Newzsentinel.com for the latest news on the economic collapse.
The Sentinel Alerts are updated throughout the day.
If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.
Current News – 08.23.2016
- Construction of new single-family homes in Alberta fell to the lowest level since the 2009 recession, according to the latest data from Statistics Canada,
- the Census reported that in July the US saw a whopping 654K new home sales, up 12.4%, from the prior month and higher by 31% from a year ago, smashing expectations of a 580K print,
- What was most notable about the series is that while there was no sequential change in houses sold in the West, which were flat at 137K in July, the south posted a massive 18.1% jump in the month, up 40% from a year ago,
- Following the eurozone’s disappointing drift lower in Manufacturing PMI (and weakness in German Services), August’s US preliminary manufacturing PMI printed a disasppointing 52.1 (against expectations of 52.6). Weakness in Employment (lowest in 4 months) and New Orders underpin the drop from 52.9 to 52.1 as the 2 month hope-fueled bounce has faded…
- Renaissance over…
- the BOJ that it would double its ETF purchases to ¥6 trillion, or $58 billion, up from the current ¥3.3 trillion, which is the equivalent to the Fed purchasing $580 billion in ETFs
- BOJ is nationalizing the stock market” because that is precisely what it is doing with every incremental intervention in the stock market.
- ,the Japanese market’s performance would become increasingly a function of liquidity in the central bank’s buying basket. l, the BOJ’s purchases have an even stronger tendency to distort the market than the central bank’s ETF purchases, Deutsche Bank said.
- “Bank of Japan’s near doubling of its purchases of Tokyo shares is causing investors to worry the central bank will dominate financial markets, which could lead to price distortions as it continues to grease the economy.” “the market is driven completely by the BOJ’s buying rather than views on each companies’ earnings,”
Debt Seller’s Paradise
- the ECB is buying private placement debt with little regard for safety. In turn, private equity companies issue debt simply because they know in advance the ECB will buy it.
- It’s a startling example of how the market is adapting to extremes of monetary policy, and it’s a safe conclusion the experiment will not end well.
- The ECB only announces what it will buy, not how much of it. Yet, that has spawned a guessing game driving yields lower and lower.
- As soon as the ECB does buy an issue, the interest rate on those bonds collapse. And now we see private placement of debt, specifically designed with the ECB in mind.
- QE is supposed to spur lending and investment. In practice, it’s killing pension plans while fostering bond bubbles.
- Last week’s TIC data confirmed something the Fed’s Treasury custody account has indicated for the past several months: foreign demand for US government bonds has not only tumbled, but there has been aggressive selling.
- in the past 12 months foreign central banks have sold a gargantuan $335 billion in US Treasuries (and $242 billion when looking at all foreign transactions including private).
- Receipts from the Federal Unemployment Tax Act (FUTA) have been falling steadily since 2012,according to the Office of Management and Budget, moving counter to the growing number of people employed. The FUTA tax is levied at 6 percent on the first $7,000 of an employee’s wage
- . Since 2012, unemployment tax receipts have been FALLING. If the US economy was indeed creating jobs, this number should be rising.
- Why is this number falling… particularly when the unemployment number is supposedly below 5% and job growth is great?
- . The BLS numbers are either wrong or the quality of new jobs created must be very poor. The latter response seems the most credible; a combination of an increase in the proportion
- French Interior Minister has met with his German counterpart Tuesday (August 23) to unveil a plan to limit the use of encrypted messaging to combat terrorism,
france and germany called for social media operators running encrypted services to cooperate with security services and the police into criminal investigations.
- “If such legislation was adopted, this would allow us to impose obligations at the European level on non-cooperative operators,”
- U.S. Secretary of State John Kerry has urged South Sudan’s leaders to “get the job done” by fully implementing a peace deal or face a U.N. arms embargo and sanctions.
- South Sudan’s government initially said it would not cooperate with the new U.N. troops which will be under the command of the 12,000-strong UNMISS mission.
- the United States and South Korea are moving forward with planned military drills on the peninsula.
- roughly 25,000 US service members and some 50,000 South Korean forceskicked off the drills. The war games will also include participants from Australia, Italy, the Philippines, France, Denmark, Colombia, Canada, the United Kingdom, and New Zealand.
- The Russian Ministry of Defense will discuss on Tuesday the progress on the missile attack warning system, the ministry’s press service said.
- The United States has begun using attack helicopters to target ISIS in the extremists’
- Marine Corps AH-1W SuperCobra attack helicopters had in recent days joined the operation.
- Harrier jets are also being launched from the ship to conduct strikes
- Turkey has withdrawn its ambassador to Austria for “consultations” and will start to review relations with the European country, says Turkish Foreign Minister
- “Unfortunately, the ground for our bilateral relations and cooperation to continue as normal has disappeared,”
- Iran and Turkey’s Unit International have concluded negotiations on $3 billion of investment to build 5,000 megawatts of power capacity, awaiting the government’s go-ahead in Tehran to seal the deal.
- “At the moment, the signing of the final agreement awaits the Ministry of Energy’s go-ahead,” head of Thermal Power Plants Holding Company of Iran .
- Turkey went back on claims that a child bomber linked to ISIL extremists carried out a deadly suicide bombing close to Syria, saying it had no clue who was behind the attack.
- Turkey’s military returned fire at ISIS targets in northern Syria on Tuesday, after two mortar shells from Syria hit a Turkish border town,
- A US-led coalition, , has damaged Syria’s oil and gas industry in the amount of $2 billion, Permanent Representative of the Syrian Arab Republic to the United Nations (UN), said.
- [the coalition] began to strike at innocent civilians in Syria and infrastructure, such as roads, bridges, factories, schools and hospitals,”
- US Secretary of State John Kerry has said that he would “likely” meet his Russian counterpart Sergei Lavrov to talk about Syria, noting they might reach the end of the ongoing discussions one way or the other,
- Lt. Gen. Stephen Townsenddownplayed the chances of a joint US-Russia military operation in Syria, saying he is “fairly skeptical of the Russians” and doesn’t believe that it’s even possible to cooperate with them.
- Townsend went on to say that while the decision to cooperate would be up to the Obama Administration and not the Pentagon,
- the UK. is now calling for a “safe zone” in Syria, a
- the UK armed forces could play a role in protecting civilians in Syria by enforcing a ‘no bomb’ zone,”
- The US has its trooped embedded with the Kurdish forces, and argued that the Syrian airstrikes were endangering them. Over the weekend they repeatedly scrambled fighter jets to chase off the Syrian planes, warning they were going to ‘defend themselves.”
- The Pentagon has since expanded this to declaring the area “an exclusion zone,” which is distinct from a no-fly zone because the Pentagon says it is a different thing. .
- The Department of State warns U.S. citizens of the risks of travel to Iran. This replaces the Travel Warning for Iran dated March 14, 2016,
- The latest propaganda video allegedly shot by Islamic State (IS, ISIS/ISIL) calls for its followers to use everyday items to carry out jihad, specifically singling out the US and France as future targets.
- German press agency DPA, which cites a confidential document prepared by the government according to which the government is considering “bringing back nationwide conscription in times of crisis”, such as situations in which the country needs to “defend NATO’s external borders,”
- “An attack on German territory that would require conventional defence is unlikely,”the document said. However, civil defence measures are necessary because a “major security threat in the future cannot be ruled out,” it added.
- The German government abolished compulsory military service in 2011, arguing that there was no longer a geopolitical need for it.