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(@celticwitch)
Eminent Member
Joined: 2 years ago
Posts: 35
08/22/2019 6:04 am  

- Retail will change. Smaller, local, co-operative/ community type stores. Beans, lentils, oats etc, these will be sold without plastic packaging. This will become more popular. Retailers will want to change as packaging is taking up too much space in transit and on shelving.

 

Hi all - a (partial) hit...  Don't know if this is the right place to post. 

https://www.theguardian.com/business/2019/aug/22/tesco-promises-to-ban-brands-that-use-excessive-packaging   

 


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(@pacosurfer)
Estimable Member
Joined: 3 years ago
Posts: 136
08/22/2019 8:15 am  

@celticwitch

This is actually a great idea—I’m surprised it hasn’t happened already.


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(@jeanne-mayell)
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Joined: 4 years ago
Posts: 4121
08/22/2019 9:29 am  

@celticwitch

Thanks for finding a hit.  I am the Hit Tracker.  Lol. Where is the original prediction? Need exact location on the site, date predicted and date it was predicted for. 


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(@michele-b)
Noble Member
Joined: 3 years ago
Posts: 1767
08/22/2019 10:25 am  

To take it a step further, plastic will all but disappear from our lives, at least our children and grandchildren's lives. Right now there is no viable plastic recycler in the world. We think there is, but greed, corruption and desperation to charge for something that is not even being delivered is already happening 

All over the world where recycling exits, we continue to separate our plastics into bins from paper,cardboard and glass but except for those few plastics being currently remade into something else the beginning levels have already stopped. 

We may think it is now going to Malaysia in lieu of the now non accepting Chinese market, but it is being buried or left in "garbage mountains" that have already decimated the quality of life for entire families living in them, on them, and desperately searching for other items they can use or sell.

Many, many companies are already using alternative packaging, it's not yet visible on a big scale (except for more paper mailers without bubble wrap inside from Amazon for the last few months but its starting.  Also lots more bulk items grouped and purchased as one saving on plastics somewhat that way.

https://www.theguardian.com/environment/2019/aug/17/plastic-recycling-myth-what-really-happens-your-rubbish


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(@celticwitch)
Eminent Member
Joined: 2 years ago
Posts: 35
08/22/2019 1:16 pm  
Posted by: @jeanne-mayell

@celticwitch

Thanks for finding a hit.  I am the Hit Tracker.  Lol. Where is the original prediction? Need exact location on the site, date predicted and date it was predicted for. 

Hi

 

Predicted for September 2019, in The Economy thread. 6th August 2019 8:03pm


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(@jeanne-mayell)
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Joined: 4 years ago
Posts: 4121
08/22/2019 4:20 pm  

@celticwitch I'd call that a hit and I posted it as a hit on the Prediction page. Thanks for pointing it out. 


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(@rowsella)
Estimable Member
Joined: 3 years ago
Posts: 151
08/22/2019 7:25 pm  

@michele-b-here-in-the-forum

https://www.nytimes.com/2019/03/28/nyregion/plastic-bag-ban-.html

Plastic Bags to Be Banned in New York; Second Statewide Ban, After California

  • March 28, 2019
The Styrofoam ban took effect on January 1 2019, but the city gave restaurants and businesses six months to transition out of using it. Now, violators will be fined -- $250 for the first offense, $500 for a second and $1000 for three or more.Jul 1, 2019
Here's What to Know About New York's New Styrofoam Law - NBC ...


https://www.nbcnewyork.com › news › local › New-York-Styrofoam-Crack...

It's been in the works, I expect more will follow. 


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(@michele-b)
Noble Member
Joined: 3 years ago
Posts: 1767
08/22/2019 8:37 pm  

@Rowsella

That's wonderful and so good to know. Plastic bags have been banned here in Salem since early this Speing as well as other cities in Oregon.  It's not statewide yet but will be!

Styrofoam will take more time but how great others are banning it. Hurray!

One city, one State at a time!


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(@celticwitch)
Eminent Member
Joined: 2 years ago
Posts: 35
08/28/2019 11:50 am  
Posted by: @celticwitch

 

- December (not given the year).  

- Palace of Westminster is shrouded in black. We're in mourning, either someone has died or democracy is dead.

 

Hi

Might have another hit.  

British Parliament is to be suspended for 5 weeks in September. This means MPs won't be able to debate or pass legislation. Boris Johnson says this is normal process as its a new government, but its at worst possible time before Brexit Day. It reduces the amount of time MPs have to debate Brexit and any deals.  

Watch this, I feel he will try to extend this suspension right up to Brexit Day on 31/10/19. 

Posted 15/8/19 in the Economy thread. 

https://www.theguardian.com/politics/live/2019/aug/28/spending-review-set-for-next-week-fuels-election-speculation-live#comments.  

 


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(@rowsella)
Estimable Member
Joined: 3 years ago
Posts: 151
09/19/2019 5:20 am  

Fed Cuts Interest Rates by Another Quarter Point

Source: New York Times
WASHINGTON — The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, its second move since late July, as it tries to insulate the economy against rising political risks and the fallout from a global slowdown. 

Read more:  https://www.nytimes.com/2019/09/18/business/economy/fed-interest-rate-cut.html

 

Perhaps the Fed did err in raising rates so quickly after that "historic tax reform" that was going to spur "growth like we have never seen before" however, didn't they recently lower rates a few months ago?

And in related news, the NY Fed injected billions in stimulus into the overnight lending market for the second day in a row---

Fed’s First-in-a-Decade Intervention Will Be Repeated Wednesday

 

Read more at https://www.bloomberg.com/news/articles/2019-09-17/new-york-fed-announces-operation-to-ease-money-market-rates


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(@jeanne-mayell)
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Joined: 4 years ago
Posts: 4121
09/19/2019 11:10 am  

These are the same actions that were taken in 2007.


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(@jessi1978)
Honorable Member
Joined: 3 years ago
Posts: 562
09/20/2019 9:32 pm  

https://www.cnn.com/2019/09/19/business/overnight-lending-market-turmoil/index.html?utm_medium=social&utm_term=link&utm_source=fbCNN&utm_content=2019-09-20T04%3A31%3A00

The stress in the overnight lending market, a critical corner of finance that rarely makes headlines, forced the New York Federal Reserve to pump $75 billion into the banking system on Friday. That marks the fourth-straight day of emergency action from the Fed, a level of intervention unseen in more than a decade.
And this is just the beginning of the Fed's  
efforts to ease the cash crunch.
 
The NY Fed announced Friday it will inject up to $75 billion into the overnight markets each weekday until October 10. In addition to this short-term capital, the NY Fed will pump in as much as $90 billion through three 14-day operations.

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(@coyote)
Honorable Member
Joined: 2 years ago
Posts: 506
09/22/2019 4:47 pm  

The topic of bartering came up on this thread a little while ago, and that got me me thinking about a prophetic near death experience I read a few years back following my own NDE. The woman who experienced the NDE in question, which occurred in 2005, was shown "our financial institutions crumbling or better said our money not being worth the paper it is written on. I was shown silver and gold coins being used to purchase things. They said that in time, we would be going back to the barter system."

Make of it what you will. But I do want to reiterate a point I made earlier: that with novel forms of gift exchange and gift economics, a return to bartering need not be a regressive return to medieval village living. 


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 KB
(@kb)
Estimable Member
Joined: 3 years ago
Posts: 116
09/29/2019 2:38 pm  

I'm not an astrologer, but I follow a handful of astrogers who specialize in the correlation between astrological events and stock market movement.  They're all forecasting October will be an economically volatile month. Mostly, it has to do with the influence of Pluto and/or Saturn, a long Mercury retrograde period, and the endings/beginnings of certain astro-financial cycles (that I don't quite have a handle on).  Anyway, for whatever it's worth, I'm sharing the dates being highlighted as particularly volatile.  Often the volatility occurs on the EXACT predicted date.  Sometimes, however, it's more like a range of opportunity, with the volatility event occuring either a couple of days before or a couple of days after.  

10/07 Monday, Sun square Saturn
10/09- 10/10 - Wednesday-Thursday, critical market peak or market reversal dates
10/11- 12/07 - Mercury retrograde period = "chaos on Wall Street and worldwide markets"
10/13 Sunday, Full moon square Pluto
10/14 Monday, Sun square Pluto***
10/28 Monday, Sun oppose Uranus, New moon opposite Uranus

***NOTE: This was the same astrological signature when the stock market crashed in October 2007

Might be a good month to buckle up and hang tight.  


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 stu
(@stu)
Estimable Member
Joined: 3 years ago
Posts: 111
09/29/2019 3:03 pm  

Thanks for sharing, let's see what happens.

apparently October can be a very volatile month:

The October Effect:

https://www.investopedia.com/terms/o/octobereffect.asp

The events that have given October the reputation for stock losses have happened over decades, but they include the Panic of 1907Black Tuesday (1929), Black Thursday (1929) Black Monday (1929) and Black Monday (1987). Black Monday, the great crash of 1987 that occurred on October 19 and saw the Dow plummet 22.6% in a single day, is arguably the worst single day. The other black days, of course, were part of the process that lead to the Great Depressi​on - an economic disaster that stood unrivaled until the mortgage meltdown nearly took out the whole global economy with it.

October has traditionally been the most volatile month for stocks. According to researchfrom LPL Financial, there are more 1 percent or larger swings in October in the S&P 500 than any other month in history dating back to 1950.

 

 

 


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(@triciact)
Prominent Member
Joined: 2 years ago
Posts: 910
10/02/2019 9:55 am  

I tend to write comments on the NYT articles, Washington Post and even Yahoo(which is filled with Russian bots and T supporters) and I remark with this info:

All Americans need to also read the following information that is Statistically Accurate about how our economy always does better under a democratic president and begs they question: Why would you ever vote for a republican ever again?:

https://evonomics.com/economists-agree-democratic-presidents-better-making-us-rich-eight-reasons/

https://www.jec.senate.gov/public/index.cfm/democrats/2016/6/the-economy-under-democratic-vs-republican-presidents

I figure if only ONE GOP voter or T supporter reads my comment then its starts with "1".


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 stu
(@stu)
Estimable Member
Joined: 3 years ago
Posts: 111
11/01/2019 7:07 am  

I found this interesting, the banks are secretly being bailed out again....

https://www.youtube.com/watch?v=XRQecD-Gopg

 

 


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(@codyroo)
Estimable Member
Joined: 3 years ago
Posts: 170
11/21/2019 12:26 pm  

I'm going to bump this thread up again.  We are at all time market highs (S&P 500 at 3100+).  There are a number of things that starting to be in play that might negatively impact the economy and the stock market that you would want to consider.

1.  Markets HATE uncertainty
     The China deal seems to be hitting snags, uncertain if it will pan out.
     The President and his cabinet have been implicated in a conspiracy.  As this pans out (and we all     believe it will pan out), there will be uncertainty as to who is going to lead or set policy.
  Netenyahu is being brought up on corruption charges.  This can cause more uncertainty outside the US markets.
    Additionally, there is the Brexit fiasco, the report Johnson isn't releasing about Russian meddling. etc.

2. US manufacturing is weakening and the labor market in the US is slowing.  WeWork is laying off 2400 world wide.

3. US housing market is softening.  There is a lower inventory of houses on the market, which should cause a price spike, but the opposite is happening, the prices are coming down.  And this is AFTER the feds cut interest rates, which would free up money to pay more for house purchases.  This is a HUGE red flag that houses are hard to move and sellers are lowering prices to entice buyers.

What does this all mean?  If you have money invested in the stock market (personal money or long term retirement money), you may consider moving a portion of it to less risky investments, (out of equities and into bonds/money market funds for example) to reduce the pain of a sudden downturn.

I'm not an economist, nor do I play one on TV.  Jeanne pointed out that the latest prediction round didn't bring up stock market corrections.  But, you may want to talk to an investment professional to re-evaluate your short term investment strategy (which is a prudent thing to do).

 


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(@jeanne-mayell)
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Joined: 4 years ago
Posts: 4121
11/21/2019 12:48 pm  

@codyroo

The fact that Trump has tweeted that if he's forced to leave office, the markets will crash, doesn't help market stability either.


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(@lovendures)
Noble Member
Joined: 2 years ago
Posts: 1667
11/23/2019 12:44 pm  

Wow.  Look what is happening in the Netherlands.

Record low interest rates are forcing the world's best pension system to take drastic action aimed at staving off cuts to payouts that were once unthinkable.

An extended period of negative or record low interest rates has put huge pressure on pension funds in the Netherlands, forcing them to alert retirees that their incomes could be cut. The Dutch government is working urgently to resolve the immediate problem, but the emergency is fueling concern in a country where an increase in the number of retiring workers means pension changes are inevitable.

https://www.cnn.com/2019/11/21/investing/pensions-crisis-negative-rates/


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