Die wachsenden Systemkomplexitäten und die vorhandenen Infrastrukturen werden immer teurer, um erhalten zu bleiben.
Die Hebelwirkung der fossilen Energien sinkt.
Verschuldung stößt an Grenzen und bringt weniger return on investment.
Basis-Innovationen sind kaum noch zu beobachten.
Der zu verteilende Kuchen schrumpft.
Verteilungskonflikte und geopolitische Attacken nehmen zu.
Partielle Deflation: Staaten und Bevölkerungsschichten verarmen und werden zu Flüchtlingen.
GO erst, wenn die Deflation die Big Player heimsucht.
Das hat begonnen und nimmt Fahrt auf.
"Here are some numbers for some very large companies:
Caterpillar (-13%), Dow Chemical (-13%), MetLife (-12%), Microsoft (-4%), Intel (-5%), International Paper (-21%), JPMorgan Chase (-3%), Johnson Controls (-11%), Oracle (-5%), PepsiCo (-6%), Pfizer (-7%), Procter & Gamble (-12%), Union Pacific (-10%)…. Then there’s former tech darling QUALCOMM (-14%), insurer ALFAC (-9%), and of course IBM, always, at least for longer than anyone can remember, well, for the thirteenth quarter in a row, strong dollar, weak dollar, hot China, cold China, nothing matters…. Its revenues decline through thick and thin, this time -15%.
They are even worse in Q3:
Caterpillar’s net income is expected to drop 53.5% from a year ago.
General Electric’s (NYSE:GE) earnings are seen falling 31.6%.
Average decline in profits for listed companies is – 7%
This is happening in spite of 0% interest rates — trillions of QE and other stimulus…. it has been worsening in recent quarters and it will continue to worsen.
These companies have debts to service — that is eventually not possible when profits are declining.
These companies – thousands of them — will continue to shrink and wither and at some point they will cease to be viable. They will collapse.
There is nothing the central banks can do about that — this is not AIG – or Bear Stearns — or Lehman — or Greece….
These are not one-offs …. we are talking about massive systemic failure of essentially every company on the planet — because when the listed companies go — there will be a domino effect…. everything goes…
When we get to that point the slow collapse we are in will accelerate — and BAU will unravel very quickly.
Feel free to explain how the central banks will stop this?"
Quelle: "Fast Eddy"
Bild aus
Zerohedge
Das Timing zum GO ist schwierig. Eine Kettenreaktion ist m.E. jederzeit möglich.
Saludos
el mar
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Ave Big Pharma, morituri te salutant