CameTrue 3/30/16 Head's Up: Frozen Market!

[twiceblessed9]

That is very interesting Shadewolf. I had no idea that was happening. How long have the changes been taking place would you say?

Wow, Twice! Who would have ever guessed that frozen foods would be recalled (unless it's not all that surprising for those working in that segment of the market). My timing was way off, unless the frozen financial market is still to come, or the frozen foods problem accelerates. Keep an eye on this one for sure. Great catch, Twice!

Frozen financial markets are already happening. Liquidity of credit is definitely freezing up and people are finding it darn near impossible to get loans these days. Watch for the freezing of credit to spread into the distribution system and start to really mess up the Just in Time delivery system! There are also capital controls being quietly put into place at all the banks: they are actively lowering the limits you can withdraw in cash from atms, as well as how much cash you can pull in person from bank branches too. I recently had problems pulling $6500 out of my account I needed for paying mortgage+fees. The bank was only letting me pull 5K, then they had me try the last 1.5K in 2 lots from the atms in $800 & $700. Then I found out I could do no more transactions that day, like fill my car with gas on debit or buy groceries on debit!!! I royally complained to the bank manager about that, but they did nothing to adjust or remove limits. So now I don't leave my paycheck in the bank at all and pull it out the minute it drops in after paying bills.

Definitely worth keeping watch on this topic as it unfolds for north america.