Corporate borrowers have borrowed more than ever before. The money has virtually all been blown on Mergers & Acquisitions and stock buybacks. This was a naked attempt to goose the stock market for the benefit of corporate directors’ stock option values. They knew there was no future in investing in growth. Unlike the Fed, they knew that consumers’ simply don’t have the wherewithal to consume. We have reached the ‘Lehman-Moment’. An in-depth analysis of why the current economic demise of China is so grave for the world. Despite strenuous efforts by the main stream media to have you think otherwise, the facts (as usual) speak for themselves. Recent durable goods orders plunged. More police brutality. More Putin-bashing. More evidence that America is chomping at the bit to go to war. The insanity of central bank borrowing.
When the going gets tough, the tough are often inspired to get going. Similarly, great excess leads inexorably to a drastic realignment of values. This also applies to an excess of stress as well as to an absence of it. An objective look at pessimism versus optimism. Home sales figures. An examination of what exactly is meant by ‘an economic depression’. The absurdity of a ‘bloated military’. A police officer who threatened to kill protestors feels his life has been ‘ruined’ by the ensuing backlash. Innocent until proven guilty? Not so much. The neo-Gilded Age, 21st century version…
This may be the last show that comes entirely through Podbean. You have seen that I am technologically capable of providing part or all of the show separately for selected listeners and this can easily be achieved on a permanent basis. Please, ladies and gentlemen, don’t let that happen. I need more of you to donate, please. The absence of interest displayed over the past month is truly disturbing and deeply disappointing to me. I hope it’s not for real.
As always, a big thank-you to those of you who have stepped up to the plate. It is most gratifying and rewarding to witness your generosity and I will make sure you are not disappointed.
Anyone who doesn’t agree with the standard thinking is liable to be labeled a ‘radical’. Likewise, ‘terrorists’ are… whoever ‘they’ decide they are. This trend will get much worse as the U.S. moves inexorably into rabid totalitarianism. I hope you will be out by then! The nightmarish scenario of U.S. geopolitical strategists seems to be coming true: foreign economic independence from U.S. control. Russia and China, in particular, are going their own way. Listen to how the U.S. is trying to twist the arms of the traitorous foreigners into “seeing things their way”. The arguments are hypocritical and the antics are hollow… and full-scale, terminal war will ultimately be the only option available to America. This is all beyond scary.
Rebound? Recovery? Growth? Sorry, not for a very, very long time. The ghastly Fed experiment with massive lending will take decades to unravel. China’s implosion will not help. Idiotic North Korean claims are rivaled at home with such absurdities as ‘consequence-free debt’, ‘national debt doesn’t matter’, ‘you can print your way to prosperity’. Chairman of the OECD says things are worse than in 2007/8. Quick word about gold. How the MSM tries to spin consumer spending in a positive light. Why the economy is going to be much worse than in 2008. More idiotic quotes by the MSM. Corporate defaults at their highest since 2009.
This is a final request for those of you who have not donated to do so. Despite my strongly worded call for financial contributions from you, many hundreds of you are ignoring me and continuing to listen to the show as if nothing had happened and you are clearly calling my bluff. This is unfortunate.
A slew of statistics showing major slowing in the economy. These are all readily available to Obama. He was clearly lying in his SOTU address (as opposed to willful ignorance). The Fed is powerless to arrest the gathering winds of deflation. The effect on the economy of falling oil prices. Grim news from the Empire State Manufacturing Index. Personal experiences with life overseas as an ex-pat. Advantages for Americans. How to make money. A novel idea about where to live – (you REALLY DID hear it here first!) The principle of scarcity as it relates to trade. The (il)logic of indebtedness. The vocabulary of debt. The difference between indebtedness and slavery (not much).
Good news! A generous listener came forward recently, announcing that he has a complete set of archives to the Wake-Up Call from 2007 and he has offered to place them at the end of the current Podbean archives. Since he has over 500 shows and he has to place them each one-by-one, this will take him a few weeks. But I am extremely grateful to him for this unexpected development. To Jason Taubenfeld (who ‘deleted’ them all from PRN accidentally on purpose), let’s have a big smile, please!
Those of you who do not use PCs or lap-tops to access the Wake-Up Call regularly, please note that you will probably have to go to a desk-based computer or a lap-top to access and/or activate the ‘DONATE’ button which is to be found on the www.richardmartinswakeupcall.podbean.com page. Look to the left of the page underneath the ‘Links’ heading.
The embarrassingly absurd ritual of idiotic lawmakers pretending to cheerlead a dunce. You figure it out – along with all the pathetically easy-to-verify lies that go with his speech. The stock market: a main stream prediction of a 75% decline (unprecedented to my knowledge). Bond funds falling into bankruptcy. 45 million poverty-stricken Americans apparently don’t matter to presidential debate moderators who have asked not one single question about it to the candidates. More on why it is essential to consider taking your money out of the banks. Americans’ attitudes to living abroad (contempt). How you are told what to think. Why Britain needs to opt out of the European Union.
Although there have been a few more donations since Monday, I have to tell you that not even 5% of you have signed up.
I am saddened and disappointed by the lack of interest and also profoundly shocked. I am asking you, please, to consider the value that each of you obtains from the knowledge that you derive from these shows. Please believe me when I tell you about the phenomenal amount of time it takes to put them together. I am a one-man band. I do not have a team of researchers, like someone suggested. I am just incredibly fortunate to have Donald who assists me with the mechanics of getting the show out to you.
I must regretfully inform you that if I do not receive a significant increase in donations in the next couple of weeks, the show will go subscription-based on January 31. Current and future donors, do not be alarmed. You will all receive full satisfaction to cover the period of your current donations. I truly hope this can be avoided. I love doing the shows and I know you loving listening to them. I am not trying to put pressure on those of you who do not have the means to donate. You are very welcome to derive whatever benefit you can from the information. But I am pleading with the rest of you to ‘step up to the plate’ and help not just me but also those listeners less fortunate than yourselves to obtain important information that is rarely to be found elsewhere.
Thank you, everyone. And again, I am humbled and empowered by those wonderful souls who have extended their goodwill and stupendous generosity by donating to the Wake-Up Call. Thank you so very much from the bottom of my heart.
A brief recap of these terms and how they apply to central banks’ monumental indebtedness. Monthly unemployment stats comment. How governments will deal with the coming financial implosion. What’s next in the stock market. Societies which fail to pay their debts always collapse. A society with no savings cannot progress. Unemployment prediction. The consequences of weakness in manufacturing and energy. Downsides of a cashless society. The consequences of such massive central bank balance sheet expansion. The collapsing California (Inland Empire) PMI.
We are still not receiving a remotely acceptable level of support from the listeners.
I simply do not understand why this is. The listenership figures speak for themselves. You clearly find my bi-weekly talks useful and informative. But I am going to have to insist ever more strongly for some financial consideration from you, please. I am immensely grateful to those who have donated. I ask the rest of you, please, to understand that the Wake-Up Call will cease shortly if I cannot justify the time I spend on preparing it each week. Thank you. Please be sure to visit richardmartinswakeupcall.podbean.comon a regular computer or lap-top and look for the ‘donate’ button on the left. Your support is very much appreciated.
As a prime worshipper of MONEY and the value of MONEY to solve all problems, Bernanke made the fatal error of assuming there was not enough MONEY to slay the Great Depression. His mad scheme has brought us all to the brink. Let’s hope the guilt doesn’t disturb his shaving habits! The world will pay dearly for this man’s obsession with MONEY. More on the complacency still felt by everyone who still believes that the government will save them. China’s debt. An even bigger police state awaits. The cause of the stock market collapse. Ridiculous examples of government frivolous spending. Anger in America today. The replacement for the American Dream. Construction spending collapses. Parents told to rat on their children in the U.K. More 2015 outrages.
The Wake-Up Call really needs your support.
It has been published twice weekly for over ten years at no charge to the listening/reading public. The time has come to ask you to make this operation pay its way. A tremendous amount of research is put into producing this and until the hiatus at PRN last year no issue has ever failed to materialize in the ten plus years of the Wake-Up Call’s existence. Please donate as requested by clicking the ‘DONATE’ button on the left below the ‘Links’ heading.
Please note you must be on the Wake-Up Call podbean.com podcast page to be able to make your recurring donation. The URL is as follows:
Your support is very much appreciated.
The concept of bail-ins which will gather strength as the Depression unfolds. An account of the hazards. Complacency with regard to the financial crisis. The USA seen by Russia as a threat to their national security for the first time. Some unjust convictions from 2015 which belonged in my report on Friday. Why 2016 will be easier to predict than 2015. The most likely scenario for the collapse of the stock market. Huge contraction in economic activity in the Midwest. Sweden leads the way into a cashless society. More evidence that the ‘recovery’ isn’t working. The demise and extinction of American pensions. Meanwhile, CEOs earn 300 times the amount of the average worker.