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List of economic collapse indicators, several points passed or are close

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User ID: 1188750
United States
12/08/2010 04:54 PM
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List of economic collapse indicators, several points passed or are close
Several points passed through (or are near enough) on Rawles' economic collapse indicators, today's being the rough Treasury sale, though I wouldn't call it a failure yet.

Keep an eye on this list. I'd say we're quite close. Gibson already has an island in Fiji. DOOOOOM! damned

* A sharp spike in the Federal Funds Rate
* News of a failed Treasury auction, or news that Treasury rates have spiked
* Overt talk of a US default by Asian or European bankers
* Multiple (8+) simultaneous US bank failures on one Friday
* Any large Northern Rock style bank runs in the US (with customers lined up on the streets)
* A stock market drop of more than 1,200 points in one day
* A large and sudden spike in inflation
* Any suspension of US stock trading
* Draconian new stock trading limits (for example any new "circuit breaker" rules, followed by news that the trading was halted because of the limits)
* New restrictions on precious metals purchasing or new reporting requirements
* New limits on moving funds outside the US
* Any large derivatives trading collapses.(Because of disappearing counterparties or illiquidity.)
* News that hundreds of hedge funds are suspending redemptions
* News that many Money Market funds are dropping below $1.00 * Net Asset Value (NAV)
* The US Dollar Index (USDI) dropping below 68 for more than one full week of trading.
* Any sudden large interest rate moves by the FOMC. (Up or down.)
* Rioting in several metropolitan centers simultaneously.
* Gold spiking past $1,500 per ounce
* News that any major western power is no longer accepting US Dollars in payment for key commodities
* News that any major trading partners are no longer rolling over the majority of their US Treasury paper
* A closed session of the full congress that lasts a full day or longer
* The Treasury starts to extensively monetize debt
* The resignation of either the Treasury Secretary or the Federal Reserve Chairman
* Mel Gibson moves to Fiji ;-)

[link to www.survivalblog.com]

Last Edited by SlowBro on 12/08/2010 04:58 PM

User ID: 714968
United Kingdom
12/08/2010 05:09 PM
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Re: List of economic collapse indicators, several points passed or are close
When there's no more room in hell, the dead will walk the earth.

Repent! The End Is Extremely F***ing Nigh.