Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-57642 Fri, 04 Sep 2015 18:16:07 GMT Greek Gov. Says 1 bln EUR Needed For Refugee Crisis http://implode-explode.com/viewnews/2015-09-04_GreekGovSays1blnEURNeededForRefugeeCrisis.html iehi-feed-57641 Fri, 04 Sep 2015 18:14:06 GMT Wall St. falls as jobs report fuels rate hike anxiety http://implode-explode.com/viewnews/2015-09-04_WallStfallsasjobsreportfuelsratehikeanxiety.html iehi-feed-57640 Fri, 04 Sep 2015 18:07:16 GMT Foreigners Flee Japan Stocks at Fastest Pace Since at Least 2004 http://implode-explode.com/viewnews/2015-09-04_ForeignersFleeJapanStocksatFastestPaceSinceatLeast2004.html iehi-feed-57639 Fri, 04 Sep 2015 18:05:51 GMT Why China Liquidations May Not Spike US Treasury Yields http://implode-explode.com/viewnews/2015-09-04_WhyChinaLiquidationsMayNotSpikeUSTreasuryYields.html iehi-feed-57637 Fri, 04 Sep 2015 09:38:48 GMT Evaporating Job-to-Job Transitions Driving Growing Bipolar Labor Market http://implode-explode.com/viewnews/2015-09-04_EvaporatingJobtoJobTransitionsDrivingGrowingBipolarLaborMarket.html iehi-feed-57635 Thu, 03 Sep 2015 18:04:50 GMT European shares boosted by Mario Draghi's dovish tone http://implode-explode.com/viewnews/2015-09-03_EuropeansharesboostedbyMarioDraghisdovishtone.html iehi-feed-57634 Thu, 03 Sep 2015 17:46:03 GMT Wall Street and the Military are Draining Americans High and Dry http://implode-explode.com/viewnews/2015-09-03_WallStreetandtheMilitaryareDrainingAmericansHighandDry.html ... the government in the USA owes $46.1 trillion (not $18 trillion) and the US GDP is $14.77 trillion (not $17.9 trillion), as of June 2015, truth be told. 46.1 / 14.77 = 312%. Total government debt in the US is at 312% of GDP, which is well past the point of collapse for any country.

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All of the $5.5 trillion owed by the US Federal government in 1996 was found by the Brookings Institute to be because of $5.5 trillion in costs for US nuclear weapons from 1940 to 1996. Since 1996, the military / intelligence budgets (including war costs) have averaged $0.85 trillion a year. $0.85 trillion x 20 years plus $5.5 trillion equals $22.5 trillion.

... The Roman Empire declined and fell due to excessive military costs. The US empire will decline and fall if military/intel/war/secret police costs are not reigned in. Eliminating money in politics, via public financing of elections, is needed as is effective oversight of wall street. Unregulated hedge fund vultures and wall street bankers writing hundreds of trillions of dollars in derivatives without the money to pay and without any oversight is a recipe for financial collapse in the USA.

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iehi-feed-57633 Thu, 03 Sep 2015 17:32:37 GMT View on China's meltdown: the end of a flawed globalisation http://implode-explode.com/viewnews/2015-09-03_ViewonChinasmeltdowntheendofaflawedglobalisation.html iehi-feed-57632 Thu, 03 Sep 2015 10:22:50 GMT Why the Federal Reserve should be audited - John Crudele http://implode-explode.com/viewnews/2015-09-03_WhytheFederalReserveshouldbeauditedJohnCrudele.html The Fed needs to be audited to see if its ruling body has broken the law by manipulating financial markets that are outside its jurisdiction. A thorough investigation of the Fed will show once and for all if its former chief Ben Bernanke and current Chairwoman Yellen should go to jail.

...

[After the August 24th plunge,] the same magical buying of S&P futures contracts happened Tuesday night and early Wednesday morning. Stocks again went up at the opening on Wednesday, but this time the gain held.

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"Once again, the Federal Reserve helped save the day for investors," the New York Times wrote in a front-page article that cited Dudley's speech.

But that wasn't true -- not unless Dudley's speech leaked ahead of time. Stocks were up before Dudley's talk and actually fell when he began speaking. That was probably due to the fact that Dudley pooh-poohed the idea of another dose of QE.

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iehi-feed-57630 Thu, 03 Sep 2015 10:08:41 GMT Tens of thousands of companies fear closure in coming months http://implode-explode.com/viewnews/2015-09-03_Tensofthousandsofcompaniesfearclosureincomingmonths.html iehi-feed-57629 Thu, 03 Sep 2015 10:06:27 GMT Drowned Kurish Refugee Boy Had Been Denied Papers http://implode-explode.com/viewnews/2015-09-03_DrownedKurishRefugeeBoyHadBeenDeniedPapers.html Italy revives border controls (at Bavaria's behest; supposedly temporarily.)]]> iehi-feed-57628 Thu, 03 Sep 2015 10:00:58 GMT SILVER MARKET OUTBREAK: Surging Physical Demand & Falling Inventories http://implode-explode.com/viewnews/2015-09-03_SILVERMARKETOUTBREAKSurgingPhysicalDemandFallingInventories.html iehi-feed-57627 Thu, 03 Sep 2015 09:43:36 GMT This Is What Greece's Refugee Crisis Really Looks Like http://implode-explode.com/viewnews/2015-09-03_ThisIsWhatGreecesRefugeeCrisisReallyLooksLike.html iehi-feed-57626 Thu, 03 Sep 2015 09:39:48 GMT Say Goodbye to Normal | KUNSTLER http://implode-explode.com/viewnews/2015-09-03_SayGoodbyetoNormalKUNSTLER.html iehi-feed-57624 Wed, 02 Sep 2015 12:54:02 GMT Central banks to dump $1.5 trillion FX reserves by end-2016 -DeutscheBank http://implode-explode.com/viewnews/2015-09-02_Centralbankstodump15trillionFXreservesbyend2016DeutscheBank.html iehi-feed-57623 Wed, 02 Sep 2015 12:53:04 GMT Alibaba Is the Canary in China's Coal Mine http://implode-explode.com/viewnews/2015-09-02_AlibabaIstheCanaryinChinasCoalMine.html iehi-feed-57622 Wed, 02 Sep 2015 12:44:39 GMT SocGen: Half-Hearted Capital Controls Are Coming to China http://implode-explode.com/viewnews/2015-09-02_SocGenHalfHeartedCapitalControlsAreComingtoChina.html iehi-feed-57621 Wed, 02 Sep 2015 12:44:02 GMT ABN Amro Warns There Is A 40% Chance Mario Draghi Expands ECB QE "As Soon As This Week" http://implode-explode.com/viewnews/2015-09-02_ABNAmroWarnsThereIsA40ChanceMarioDraghiExpandsECBQEAsSoonAsThisW.html iehi-feed-57620 Wed, 02 Sep 2015 12:38:11 GMT Stanley Fischer Speaks: Airballs From A Dangerous Academic Fool | David Stockman http://implode-explode.com/viewnews/2015-09-02_StanleyFischerSpeaksAirballsFromADangerousAcademicFoolDavidStock.html iehi-feed-57619 Tue, 01 Sep 2015 20:59:03 GMT Fed's Rosengren: Global Economic Weakness Argues for Rate Rise Caution http://implode-explode.com/viewnews/2015-09-01_FedsRosengrenGlobalEconomicWeaknessArguesforRateRiseCaution.html