Headlines, Wednesday, April 13, 2016 . . . there is more news, but I think it pales in comparison to Jim Self’s post and that of the Wealth Watchman, both about the larger picture. . . ~J

The Oracle Report, Wednesday, April 12, 2016 – no report today.

LAST Planetary Update, from Jim Self, March 2016

 * * *

Wealth Watchman: Is THIS the Reason Why Yellen & President Obama are having so Many Secret Meetings?

Oil and cheap credit are the engines that make the world go round.  The problem is…that many large governments and corporations made forward purchases and contractual, budget agreements based on $80+ oil!

That price is now history, and the with it, the hopes of many too big to fail banks, who’ve over-extended themselves by giving insolvent shale oil companies too many loans!  Many, many large oil companies(especially shale oil) are now utterly bankrupt.  It’s all over but the shouting for many of them.

The only thing that has kept these companies from declaring bankruptcy has been their ability to draw up vast, cheap credit lines that mega banks have extended to them!  I’ve been waiting for that credit line to end, and the newest headline yesterday suggests that day has come….and the losses to banks will be EPIC! . . . read on. . .

RELATED: 

A Single Delaware Address is Home to 200,000 Shell Companies — Including 2 of Hillary Clinton’s

 

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3 Responses to Headlines, Wednesday, April 13, 2016 . . . there is more news, but I think it pales in comparison to Jim Self’s post and that of the Wealth Watchman, both about the larger picture. . . ~J

  1. Captain says:

    There are reports that the Yellen meeting is to initiate bali-in in the US. And for the foreign countries with EU problems to confiscate the peoples weath to pay off the debt.
    Also
    http://constitution.com/former-gop-candidate-called-u-s-elections-charade-video/
    A bit more:
    9/11 TRUTH Goes Prime Time … at least the well-known Saudi role is finally revealed
    http://stateofthenation2012.com/?p=35512

  2. Captain says:

    “THIS REPORT IS A MUST READ.
    And…if you haven’t watched this yet, here’s a warning that was presented so clearly by UK’s Paul Weston encouraging the USA to take heed to what is happening in his country and other’s abroad to prevent it before it takes hold in this country. This truly “nips the refugee situation in the butt” and addresses its aftermath. THEN, be sure to read the following email that appears to be a good start.”
    Paul Weston CPAC Live Stream March 3 2016
    http://www.youtube.com/watch?v=a-hPCnel0qc

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