Archive for February 25th, 2014

Investigations, $ Sell Offs, Savings Takes? Why Stock Trader Suicides?

posted by Ida B. Wells IV @ 23:14 PM
February 25, 2014

Utopia-collapse-closer-than-you-think        Is it because investigators in several countries are checking on them? Is it because the EU again considers ‘stealing’ funds from savings accounts? Is it because China is quickly sell U.S. dollars? Or do traders know other secrets? Just why have eight stock brokers and a finance journalists killed themselves this year?

All of the bankers have not been named.  They are simply added to the growing number of dead bankers, and one disappearing finance journalist. While most work in Europe or Asia, some died among American bankers:

In ‘After five Banker Deaths in January, a Sixth: J.P. Morgan Exec Jumps in Hong Kong,’ John Byne writes:  “Across the world, bankers are plummeting to their deaths. in Washington state, the chief economist for Russell Investments fell down a 50-foot embankment and died. . .

“Richard Talley, 57, the founder of American Title Services, was found dead with up to eight wounds to the torso and head after apparently shooting himself with a nail gun. . . [and] Police have yet to find any trace of David Bird, 55, a 20-year veteran of the Wall Street Journal who covered commodities markets and was last seen leaving his New Jersey home Jan. 11.”

As one blog does not give enough space to cover all the topics involved, summaries must do. Some suggests these banker suicides come from: overwork; other work-related stress; insurance, fraud, corruption investigations, etc.

Others claim more unusually sinister reasons.  In ‘Forex: US Dollar Selloff May Be Nearing an Important Turning Point,’ Ilya Spivak insists: “Aggressive US Dollar selling over recent weeks has mirrored the unwinding of EM-related negativity. With that in mind, renewed deterioration in sentiment-geared assets has scope to reverse the process and send the greenback higher anew.”

Is the volatility index so high that China battles by selling U.S. dollars? ‘The Economic Collapse’ writes: “China is China-bustt-economic-bubblestarting to quietly sell off U.S. debt.   Already, Chinese U.S. Treasury holdings are down to their lowest level in almost a year.” Can this way of winning an ongoing economic war lead to a depression?

Quoting an earlier Reuter’s report, Tyler Durden of Zero Hedge explains:  “In a nutshell, the savings of the European Union’s 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis . . . on a purely involuntary basis, at the discretion of the ‘union,’ and can thus best be described as confiscation.”

So rather than admitting that they never should have purchased unidentified mortgage securities, EU bankers will simply ‘steal’ from their trusting customers. Do these bankers know that failure to actually fix the five-year old recession means that the bottom is truly falling out of today’s world-wide economy?

‘The Economic Collapse’ claims George Soros bets $ 1.3 trillion that the S & P 500 is going to crash. Drudge hints that people should have safety savings hidden away.  And more bankers commit suicide than at any time since the 1930s.

O.K It is time for God’s people to pray.  Now we are not just speaking of a drought in soil, but a drought of money as well.  As wholesale Christian Bibles beg:  “If My people, which are called by My name, shall humble themselves, and pray, and seek My face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land (2 Chronicles 7: 14).”

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