Q1 PC Shipments Drop By Most Ever

Via: ZeroHedge

Submitted by Tyler Durden on 04/11/2013

If weak PC sales throughout 2012 were blamed on expectations for Windows 8, now it is the turn to blame weak PC sales on Windows 8 “lukewarm reception” disappointment.

Just never blame the economy, and the fact that there just is no actual end demand.

“Although the reduction in shipments was not a surprise, the magnitude of the contraction is both surprising and worrisome,” is how IDC describes the utter collapse in PC Shipments in Q1 2013.

Against a forecast -7.7%, the worldwide shipment of PCs collapsed -13.9% to a mere 76.3 million units.

This is the fourth consecutive quarter of declines and is the worst quarter since records began in 1994.

Interestingly, Europe did not do as bad as expected (though the consumer was worse) but the US and AsiaPac (Ex Japan) both plunged more than expected. Lenovo has almost closed the gap to HP as the world’s leading supplier after HP’s shipments fell a stunning 23% in Q1. HP opened -7.5% and MSFT -4.3%.

Read more: here

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The ‘It Can’t Happen Here’ Syndrome

Via: WND

Exclusive: Patrice Lewis tries to warn distracted Americans of looming economic crash 

Here is a short quiz for you. Ready?

What’s the current situation with Lindsay Lohan’s rehab?

Who won the latest “Dancing With the Stars”?

Name five celebrities with “baby bumps.”

Explain how the Cypriot banking crisis could impact the European economy.

If you answered the first three questions but are clueless on the fourth, you’re in good company. Estimates are that up to half the population in America is ignorant about the situation in Cyprus. Oh sure, they hear snippets on the evening news, but since it’s far away and happening to other people, they don’t worry about it.

These people are suffering from a Normalcy Bias.

Just what is a Normalcy Bias? Wikipedia defines it as a mental state that “causes people to underestimate both the possibility of a disaster occurring and its possible effects.” It’s sometimes called the “It can’t happen here” syndrome. The assumption is that since a particular disaster has never occurred before, it never will. Any disturbing indications that something bad may happen are dismissed or trivialized.

Read more: here

Show This To Anyone That Believes That “Things Are Getting Better” In America

Via: The Economic Collapse Blog

By Michael, on February 10th, 2013

How can anyone not see that the U.S. economy is collapsing all around us? It just astounds me when people try to tell me that “everything is just fine” and that “things are getting better” in America.

 Are there people out there that are really that blind? If you want to see the economic collapse, just open up your eyes and look around you. By almost every economic and financial measure, the U.S. economy has been steadily declining for many years. But most Americans are so tied into “the matrix” that they can only understand the cheerful propaganda that is endlessly being spoon-fed to them by the mainstream media.

As I have said so many times, the economic collapse is not a single event. The economic collapse has been happening, it is is happening right now, and it will continue to happen. Yes, there will be times when our decline will be punctuated by moments of great crisis, but that will be the exception rather than the rule. A lot of people that write about “the economic collapse” hype it up as if it will be some huge “event” that will happen very rapidly and then once it is all over we will rebuild. Unfortunately, that is not how the real world works. We are living in the greatest debt bubble in the history of the world, and once it completely bursts there will be no going back to how things were before. Right now, we are living in a “credit card economy”. As long as we can keep borrowing more money, most people think that things are just fine. But anyone that has lived on credit cards knows that eventually there comes a point when the game is over, and we are rapidly approaching that point as a nation.

Read more: here

AVAILABLE

Via: The Burning Platform

Posted on 25th March 2013 by Administrator

“Facts do not cease to exist because they are ignored.” – Aldous Huxley

Six months ago I wrote an article called Are You Seeing What I’m Seeing?, describing my observations while traveling along Ridge Pike in Montgomery County, PA and motoring to my local Lowes store on a Saturday. My observations were in conflict with the storyline portrayed by the mainstream media pundits, Ivy League PhD economists, Washington politicians, and Wall Street shills. It is clear now that I must have been wrong. No more proof is needed than the fact the Dow has gone up 1,500 points, or 11%, since I wrote the article. Everyone knows the stock market reflects the true health of the nation – multi-millionaire Jim Cramer and his millionaire CNBC talking head cohorts tell me so. Ignore the fact that the bottom 80% only own 5% of the financial assets in this country and are not benefitted by the stock market in any way.

The mainstream corporate media that is dominated by six mega-corporations (Time Warner, Disney, Murdoch’s News Corporation, Comcast, Viacom, and Bertelsmann), has one purpose as described by the master of propaganda – Edward Bernays:

“The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. …We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of. This is a logical result of the way in which our democratic society is organized. Vast numbers of human beings must cooperate in this manner if they are to live together as a smoothly functioning society. …In almost every act of our daily lives, whether in the sphere of politics or business, in our social conduct or our ethical thinking, we are dominated by the relatively small number of persons…who understand the mental processes and social patterns of the masses. It is they who pull the wires which control the public mind.

Read more: here

It is happening where I’m at as well…
-Moose

Sprawling and Struggling: Poverty Hits America’s Suburbs

Via: In Plain Sight

Fri Mar 22, 2013 David Friedman / NBC News
By Allison Linn, Staff Writer, NBC News

WEST HARTFORD, Conn. – Like many Americans who move to the suburbs, Tara Simons came to West Hartford because she wanted her daughter to grow up in a nice, safe place with good schools.

Her fall from a more financially secure suburban life to one among the working poor also happened for the same reason it’s happened to so many others. She had a bout of unemployment and couldn’t find a new job that paid very well.

As a single mother, that’s made it hard to hold on to the suburban life that is, in her mind, key to making sure her daughter gets off to the right start.

“I’m basically paying to say I live in West Hartford,” she said. “It is worth it.”

It’s a struggle that many Americans bruised by the weak economy can relate to.

The number of suburban residents living in poverty rose by nearly 64 percent between 2000 and 2011, to about 16.4 million people, according to a Brookings Institution analysis of 95 of the nation’s largest metropolitan areas. That’s more than double the rate of growth for urban poverty in those areas.

“I think we have an outdated perception of where poverty is and who it is affecting,” said Elizabeth Kneebone, a fellow at the Brookings Institution and co-author of the research. “We tend to think of it as a very urban and a very rural phenomenon, but it is increasingly suburban.”

Simons’ situation is complicated by the fact she’s a single mom. Poverty and financial insecurity among single moms is far higher than for households headed by single dads or two parents.

The rate of poverty among single mothers actually improved dramatically through the 1990s, thanks to a strong economy, more favorable tax breaks and the success of so-called welfare-to-work programs. But two recessions and years of high unemployment erased many of those gains.

Read more: here

The One-Hour Meltdown

Via: Grandpappy

July 22, 2009 by Robert Wayne Atkins, P.E.

Introduction 

Hour Glass The following is just my opinion. It is nothing more than my opinion. I have nothing to substantiate or prove any aspect of my opinion. My opinion is simply the logical conclusion of a law-abiding sixty-year old Christian grandfather who has both an engineering degree and an M.B.A. degree and who has seen both good times and hard times during his life.

The Current Situation:

At the present time every nation in the entire world is facing serious financial and social stress. If only a few nations were involved then it might be possible to contain the upcoming meltdown to a few specific geographical areas. This has been successfully done in the past. However, since the entire world is currently on the edge of the cliff, when the meltdown begins it will impact almost everyone on the face of the earth.

Unless God chooses to intervene, the meltdown is no longer avoidable. Our governments and our financial institutions are no longer in control. However, to keep the system working just a little longer they must maintain the illusion that they have the system under control. But the system is broken and it can’t be fixed.

There are two reasons why the system can’t be fixed:

  1. It has grown beyond its own capacity to support itself.
  2. It has become so complex that no one can do anything significant to fix it because it is hemorrhaging in too many different places.

The average person in every nation on the face of the earth knows the meltdown is coming. The wealthy people know it. The poor people know it. Nobody wants it to happen. But almost everyone is just patiently waiting for it to begin and at the same time hoping that it doesn’t begin too soon.

Nobody knows when the meltdown will actually start. It may begin one-month from now. Or a year from now. Or three-years from now.

But almost everyone knows that at some future date the meltdown will occur.

This widespread knowledge of the impending disaster is the reason that when the disaster begins it will quickly and completely spiral out-of-control in one-hour or less. In my opinion, most people do not seriously believe it could happen this quickly. Most people expect a more gradual meltdown. They may be right because nobody can predict the future, and that includes myself.

Read more: here

Interesting read…
-Moose

Why Is The World Economy Doomed? The Global Financial Pyramid Scheme By The Numbers

Via: The Economic Collapse Blog

By Michael, on March 20th, 2013

Why is the global economy in so much trouble? How can so many people be so absolutely certain that the world financial system is going to crash? Well, the truth is that when you take a look at the cold, hard numbers it is not difficult to see why the global financial pyramid scheme is destined to fail. In the United States today, there is approximately 56 trillion dollars of total debt in our financial system, but there is only about 9 trillion dollars in our bank accounts. So you could take every single penny out of the banks, multiply it by six, and you still would not have enough money to pay off all of our debts. Overall, there is about 190 trillion dollars of total debt on the planet. But global GDP is only about 70 trillion dollars. And the total notional value of all derivatives around the globe is somewhere between 600 trillion and 1500 trillion dollars.

So we have a gigantic problem on our hands. The global financial system is a very shaky house of cards that has been constructed on a foundation of debt, leverage and incredibly risky derivatives. We are living in the greatest financial bubble in world history, and it isn’t going to take much to topple the entire thing. And when it falls, it is going to be the largest financial disaster in the history of the planet.

The global financial system is more interconnected today than ever before, and a crisis at one major bank or in one area of the world can spread at lightning speed. As I wrote about yesterday, the entire European banking system is leveraged 26 to 1 at this point. A decline in asset values of just 4 percent would totally wipe out the equity of many of those banks, and once a financial panic begins we could potentially see major financial institutions start to go down like dominoes.

We got a small taste of what that is like back in 2008, and it is inevitable that it will happen again.

Read more: here

The Streets of America in the Very Near Future…

Via: SHTFplan.com

Mac Slavo
March 21st, 2013

We’ve seen it time and again over the last five years. Governments overstepping their authority and punishing their people because of the actions of elite banking conglomerates, dirty politicians and bought-off regulators.

Iceland, Greece, Ireland, Hungary, Argentina, Spain, and Portugal have all been pillaged in the name of purported recovery and stability.

Today we’re seeing it in Cyprus, where Euro Zone financiers have threatened to not only rob the populace of their personal savings, but shut off access to bank accounts indefinitely. And, as we’ve seen elsewhere, the people are having none of it.

Like the aftermath of Hurricane Sandy, it took a mere 72 hours of restricted access to funds, and thus essential goods, before the people took to the streets in mass protest and rioting.

The following pictures depict what’s in store for the United States in the very near future, when our own banking system re-collapses and Americans are left with no ability to access their money or are restricted to how much cash they are able to withdraw.

When the banks close your only option will be ATM’s, most of which will be empty:

And within 72 hours, when the realization of the magnitude of this event takes hold, people will no longer stand in line peacefully, but rather, will storm their banks and government offices, just as they have done in Cyprus (and elsewhere).

There is one key distinction to consider between the rioting in Cyprus and what we’ll experience here in the United States.

You see, the US government and the Pentagon have been actively war-gaming this very scenario for years. They know an economic collapse and the civil unrest that follows is an inevitable outcome of our current paradigm. Thus, they have spent the better part of this crisis training the National Guard to respond to mass riots, along with coordinated exercises that involve local law enforcement and military forces.

There’s a reason that Department of Homeland Security has stockpiled nearly two billion rounds of ammunition.

What’s waiting for Americans when this goes down is starkly different from the response by government officials in other parts of the world.

Read more: here

Not here in America…it can’t happen here..
-Moose