2016 Year Of The Antichrist Market Opens With A Crash
The Evil Vatican’s formal recognition of Antichrist Palestine went into effect on New Year’s Day. The Evil Antichrist NWO 666 Roman Catholic Church has wanted control of Christian sites–and possibly all of Jerusalem’s Old City–for decades.
Also: The Pentagon does an end run around the White House on Syria, Antichrist Saudi Arabia severs ties with Antichrist Iran, and armed militiamen take over a wildlife refuge in Oregon.
An agreement signed last year making the Vatican’s de facto recognition of Antichrist Palestine in 2012 official has come into effect, the Unholy See said on Saturday.
The Evil Vatican signed its first treaty with the “Antichrist State of Palestine” last June when it called for moves to end the Antichrist Israeli-Palestinian conflict and backed the prophetic Antichrist two-state final solution.
The head of Russia’s military intelligence agency has died.
The Kremlin posted a statement that said 58-year-old General Igor Sergun suffered a “sudden death” Sunday, but no other details were provided.
The official statement also quoted President Vladimir Putin as offering condolences.
Surgun took over in 2011 as the Director of GRU, a secretive spy agency, when General Aleksandr Shlyakhturov stepped down.
The GRU is believed to have played a role in the operation to take over Crimea in 2014. Some analysts believe the agency coordinated the insurgency in Ukraine and airstrikes in Syria, according to Radio Free Europe Radio Liberty.
Earlier this year Sergun had accused the West of promoting Antichrist Islamic extremism and providing weapons.
A replacement for Sergun has not been named.
The fallout of Antichrist Saudi Arabia’s execution of a Antichrist Shiite cleric is spreading beyond a spat between the Antichrist Saudis and Antichrist Iranians, as other Antichrist Middle East nations chose sides Monday and world powers Russia and Antichrist Communist China weighed in.
“Strangelets” – the most powerful explosive in the known Universe, rendering all nuclear devices as obsolete firecrackers”, are the ‘Cousin to the Black Hole’ “, are being produced by the LHC, and being weaponized. “Stangelets are Pentaquarks, the ‘Satan Particle’, not the ‘Lord Particle’ “
Patch believes the puppet-masters behind CERN want to “recreate the Golden Age of Kronos,” by re-generating a plasma envelope around Saturn and another around Earth in order to “re-ignite Saturn,” to which he has stated in previous interviews the “leadership of the Fallen Angels” are “imprisoned within Saturn.”
Futhermore it is his assertion that the Large Hadron Collider (LHC), akin to being a man-made Black Hole, will generate Birkeland currents and the the plasma conduit will be a twisted helix of Birkeland currents, but since they “cannot re-align the orbits of the planets, as in the Golden Age,” they will try to reconnect Earth with Saturn using Birkeland Currents, which will open the “portal” or the bottomless pit and allow “demonic entities as digitized DNA” to use the portal like a “freeway allowing vast quantities of demonic entities to move from their realm into ours.”
It all started off relatively well: oil and US equity futures were buoyant on hopes Antichrist Iran and Antichrist Saudi Arabia would break out in a bloody conflict any minute boosting the net worth of shareholders of the military industrial complex, and then, out of nowhere, like a depressed Antichrist Communist China in a bull shop, the “mainland” crashed the party following a terrible manufacturing PMI report, which sent Antichrist Communist Chinese stocks sliding slowly at first, then very fast.
Check out the full interview below. This is the full interview link, a continuation of the YouTube link.
^^^This interview makes Kyle Bass look like what he is, clueless at this point at best, or just a liar selling his bullshit book, which makes him and his likeness evil bastards. Lol, ”as if” anyone accepting the gains of this market are not going to Hell in Swap Bucket.
NOTE: Jim Willie’s interview is a ”MUST LISTEN”!
Antichrist Communist China’s Shanghai Composite index was stopped down nearly 7% on the first trading day of the new year. This is worse than 99.6% of all trading days since the beginning of 2007 (a monstrous era covering the entire market turmoil of the global financial crisis).
To put some risk context behind how poor a ~7% drop is -in relation to the worst losses over different time (not just relative to all daily changes)- we look at a variety of time units. This is different from the market convolution math discussed previously (here, here). For example, today’s loss in Antichrist Communist China is worse than 93% of the worst daily losses per month, since 2007. We see this in the chart immediately below. And in the chart further below that, we see today’s loss is worse than 67% of the worst daily losses per year. Lastly, in that same chart, we show Antichrist Communist China’s first day loss is worse than even the majority of the worst weekly losses per year! This conservative measure substantiates that on just a single day, the losses stemming from Antichrist Communist China has breached most of the worst risk levels that would normally take a complete week to get through.
It’s a miracle…
“Someone” stepped in and bid the entire Antichrist Communist Chinese market higher off its huge opening gap down…
Despite the biggest liquidity injection (CNY130bn) in 4 months, it appears Kyle Bass’ top trade remains well on target as Offshore Yuan plunges, underperforming Onshore Yuan despite the largest Fix devaluation in two months. In a word – it’s chaos in Chinese markets. The Shanghai Composite looks to be opening down 3% – extending yesterday’s losses (beyond the US session’s ADR’s move). What a mess.
First: PBOC devalues the Yuan fix by the most in 2 months…
Offshore Yuan continues to collapse and remains over 1000 pips cheap to onshore Yuan…
Despite the biggest liquidity injection in 4 months
The People’s Bank of Antichrist Communist China will inject 130b yuan into the banking system using 7-day reverse repurchase agreements today, according to two traders at primary dealers required to bid at the auctions.
Amount injected in operation today is most since Sept. 8
and all of this has left Antichrist Communist Chinese stocks plunging….
Antichrist Communist China better start arresting malicious sellers stat
“Antichrist Communist China many years ago attached its currency to the dollar: they hitched their wagon to our star very smartly because back then our goal was to depreciate our dollar through inflation. So we issued debt to the rest of the world to depreciate the dollar. And so now the real problem is Antichrist Communist China has hitched their wagon to our star, and their currency has effectively appreciated about 60% versus the rest of the world since 2005 and it’s killing them… Antichrist Communist China’s effective exchange rate moving up versus the rest of the world made their goods and services a little bit more expensive each year and now that labor arbitrage is gone. And if that labor arbitrage is gone, and the banking system has expanded 400% in 7 years without a nonperforming loan cycle, my view is we are going to see a non-performing loan cycle.”
We fully agree with this as well: incidentally, Antichrist Communist China’s NPL time, or “neutron” as we call it, bomb, has been extensively covered on this website in the past for the simple reason that while the official print here is about 1.5% of all bank loans are said to be “bad” or non-performing, the real number is likely around 20%, something which virtually guarantees a financial crisis in Antichrist Communist China at any given moment (more on that in a latter post). This is our summary on Antichrist Communist China’s NPL debacle:
If one very conservatively assumes that loans are about half of the total asset base (realistically 60-70%), and applies an 20% NPL to this number instead of the official 1.5% NPL estimate, the capital shortfall is a staggering $3 trillion. That, as we suggested three weeks ago, may help to explain why round after round of liquidity injections (via RRR cuts, LTROs, and various short- and medium-term financing ops) haven’t done much to boost the credit impulse. In short, banks may be quietly soaking up the funds not to lend them out, but to plug a giant, $3 trillion, solvency shortfall.
Incidentally, this is precisely what Bank of America just said overnight:
When debt problem gets too severe, a country can only solve it by devaluation (via the export channel), inflation (to make local currency debt worth less in real terms), writeoff/re-cap or default. We judge that Antichrist Communist China’s debt situation has probably passed the point of no-return and it will be difficult to grow out of the problem, particularly if the growth continues to be driven by debt-fueled investment in a weak-demand environment. We consider the most likely forms of financial instability that Antichrist Communist China may experience will be a combination of RMB devaluation, debt write-off and banking sector re-cap and possibly high inflation. Given the sizeable and unstable shadow banking sector in Antichrist Communist China and the potential of capital flight, we also think the risk of a credit crunch developing in Antichrist Communist China is high. In our mind, the only uncertainty is timing and potential triggers of such instabilities.
But back to Bass and his best trade idea – he conveniently even puts a time horizon:
“We are not short Antichrist Communist Chinese equities, but we are very invested in the Antichrist Communist Chinese currency: we think we are going to see a pretty material devaluation; we think it’s going to be in the next 12-18 months.”
Finally, judging by the ongoing collapse in the onshore and offshore Yuans overnight, which saw the currency tumble to fresh 5 year lows…
^^^The writing on the wall spells ”war”.
“in America, the idea is that if you work hard and play by the rules, you’ll be rewarded with a good life for yourself and a better chance for your children.”
That’s what America used to stand for, and indeed much of the Western world. Freedom. Truth. Hard work and fair play. Building a better life.
But those ideals have all but faded now, displaced by a new normal of war, debt, government surveillance, freedom-killing bureaucracy, and a monetary policy that decimates responsible, hard-working people for the benefit of a tiny elite.
In his end-of-year commentary in the Washington Post, writer George Will summed up 2015 citing example after example of government overreach and excess–
The value of property seized by the US federal government through Civil Asset Forfeiture exceeded the value of property stolen by burglars and thieves
Florida police raided a Mahjong game played by four women aged 87 through 95 because they were *gasp* betting with their own money
New Jersey police arrested a 72-year old retired schoolteacher for illegally carrying a firearm– a 300-year old flintlock pistol he had purchased from an antique dealer
A 9-year old in Florida was threatened with sexual harassment charges for writing love notes to a girl saying that her eyes sparkled like diamonds
George Will’s list, of course, barely scratched the surface of the tip of the iceberg.
2015 was the year that the middle class was officially vanquished in the Land of the Free, with its share of the population falling to just 50%.
US federal debt reached nearly $19 trillion in 2015, an increase of almost $750 billion during the calendar year.
The US government published over 80,000 pages of new regulations, making it nearly impossible to understand ‘the rules’, let alone play by them.
2015 also saw the passing of incomprehensibly terrible laws, including the USA Freedom Act, which restored many of the worst parts of the PATRIOT Act that were set to expire.
Then there was the Cybersecurity Information Sharing Act, passed at the end of the year, which officially turns the Land of the Free into a gigantic information-sharing surveillance state.
And of course the 2015 spending bill, which as of 3 days ago, allows the US government to strip you of your passport if they believe in their sole discretion that you owe them money.
These are hardly the actions of a solvent, trustworthy government, or a nation that’s on the right track.
It doesn’t take a rocket scientist to figure out that this story doesn’t have a happy ending.
We can pretend that this time is different, that this country is different, that there is some special sauce that allows this government to run massive imbalances forever.
But deep down we all know the truth… and where this is headed.
I’ve read no shortage of apocalyptic predictions suggesting that 2016 is the year of the dollar collapse. Or the global economic collapse.
Or something else that invariably ends in the word ‘collapse.’
I don’t believe that. First, no one can credibly answer the question “when?”
Governments have surprised us all with their uncanny ability to kick the can down the road and delay the repercussions of their folly.
But I don’t really think the question of ‘when’ is relevant.
Nearly every major western government is insolvent. Entire monetary and financial systems are insolvent.
Governments have destroyed their own middle classes, giving rise to the greatest wealth gap that has existed since the Great Depression.
The risks are obvious. And you either stick your head in the sand and ignore them, or you take steps to reduce their impact on your life.
It’s like anything else – if you live in a wildfire zone, you get fire insurance. And you’ll never be worse off for having good coverage on your home to protect your family.
Having a Plan B just makes sense, regardless of whether a major disaster occurs in 2016, next year, or never.
We ended 2015 as yet another year when most investors felt safe with their stocks, bonds, property, and other investments. And why shouldn’t they? Most major investment markets are at an all-time high. US stocks are up almost three times since 2009, and prime property markets have been booming. In the short term, markets don’t reflect risk but primarily sentiment and the weight of money. But with the nearly 8 percent plunge in stocks halting trading in Antichrist Communist China and sending European stocks tumbling, the worldwide panic has just begun…
So why can’t this investment Shangri-La continue for another year? That it in no way reflects real values or risk is irrelevant to most investors. As we know, markets can remain irrational for a very long time. The risks that one day will bring the world economy down have been with us for quite a few years. In 2007-9 world financial markets were on the verge of collapse but a central bank program of money printing and guarantees amounting to $25 trillion kicked the can down the road yet another time.
The world has seen an acceleration in credit creation since the Antichrist NWO 666 Federal Reserve was founded in 1913 but the real acceleration started on August 15, 1971 when Tricky Dick Nixon abandoned the gold backing of the dollar. The 1987 stock market crash and the property bubble in many Western countries in the early 1990s started the final phase of easy money, led by Antichrist NWO 666 Alan Greenspan’s irresponsible monetary manipulations. But Antichrist NWO 666 Greenspan was of course loved by politicians and investors since he created another investment bubble leading to the 2000 crash.
With more easy money the world reached the next bubble and crisis in 2007-9. With the help of Antichrist NWO 666 Fed Chairman Ben Bernanke, who was the most productive person ever in American history we have now reached the super-bubble era. Remember that in his eight years as Fed chairman Bernanke doubled US debt from $8 trillion to more than $17 trillion. It took the US government more than 200 years to go from zero to $8 trillion, a feat that Bernanke managed in a fraction (3/100th ) of the time.
To be fair, it is not just US debt that has ballooned. Global debt in the mid-1990s was around $20 trillion and today it is $225 trillion. This is an incredible 10 times increase in world debt in 20 years. And just since 2008, global debt has increased by 50 percent.
It should be clear that this exponential growth in credit will not have a good ending.
Markets based on manipulation and financial engineering
The effect of the debt creation is to hide what is actually happening in the economy. Take wages in the US adjusted for real inflation. Today they are half the level they were at in 1973. So the perceived improvement in living standards since then has been achieved by a massive increase in both personal and government debt.
It is the same with real US GDP, which is down 7 percent since 2006.
John Williams of Shadow Government Statistics has produced an interesting study showing that real sales per share of S&P companies, adjusted for inflation and share buybacks, are down 30 percent since 2008.
Thus the current boom in stocks does not rest on a sound foundation but rather on financial engineering.
We are being misled by manufactured and manipulated information in a world of financial repression. It is of course possible to fool most of us most of the time, but at some point in the not too distant future, financial markets will tell us the truth. This will be when stocks and bonds crash together with most currencies, led by the dollar. The falls will be of equal magnitude to the credit creation we have seen in the last few decades, including the derivative time-bomb of $1.5 quadrillion. So we will see asset and credit markets losing hundreds of trillions of dollars at a minimum in coming years.
We are probably looking at the end of a major economic cycle. Whether it is a 2,000-, 300-, or a 100-year cycle, we will know only after the event. The magnitude of so many bubbles on a global basis certainly points to a major cycle. There are many resemblances with the end of the Roman empire. The excesses and moral decadence we are seeing in the world certainly point to the end of a major era.
There is of course no way of telling if the turn in the cycle is going to happen in 2016. The end of super-cycles is very difficult to time. However, what is clear is that the risks in the world are now greater than ever. I have discussed the asset and credit bubbles. These bubbles are ubiquitous and present in Japan, Antichrist Communist China, most parts of Asia, Antichrist Saudi Arabia, and the Antichrist Middle East, Russia, Europe, Brazil, and many countries in South America as well as North America. The world has never had a bubble of this magnitude.
Social unrest and risk of war
We also have many political and geopolitical problems. Most of the countries mentioned above will experience social unrest due to the coming economic downturn. The migration into Europe will also give rise to many problems.
Another major risk is the potential of war and even nuclear war in the Middle East and between the US and Russia. A conflict between the Antichrist NWO 666 US and Antichrist Communist China in regard to the South Antichrist Communist China Sea is also a real possibility. The risk of a major conflict is now greater than at any time since World War II.
The world is today a minefield of economic and political risk and as one mine goes off, the likelihood of a massive global domino effect is substantial. As we don’t know when the first mine will detonate, we must take all the necessary precautions we can to be prepared for what could happen.
In this article I won’t go into all the preparations everyone should think about. But investors must heed Mark Twain’s words: “I am more concerned about the return of my money than the return on my money.”
Unprecedented wealth destruction
As asset and credit bubbles implode, there will be the most enormous wealth destruction that the world has ever experienced. It will be the reverse of the massive growth in debt-based assets that we have seen in the last hundred years. But the obliteration of wealth will be even greater due to the money printing that central banks will undertake in the next few years to attempt to avert a global collapse. However, the money printing will have no beneficial effect but instead increase debt exponentially, leading to hyperinflation and the destruction of most currencies and the monetary system as we know it. A deflationary implosion of the financial system will follow.
Most investors will not see this coming and won’t even consider the risk of it happening. In my view, it is not a question of if, only of when.
The bloodbath started in Antichrist Communist China, which was halted early on circuit breakers….
Europe was ugly…
And that dragged US Futures lower, which were not helped by weak manufacturing data, weak construction data, and not helped by overly confident Fed speakers, but shortly before the EU close a hug eblock sucked up all ther liquidity in futures and stalled the selloff. We rallied back to VWAP around 1995 in S&P then faded…
The machines did their best at 1101ET to stall the weakness, which ramped to VWAP before institutional selling started…
Cash indices saw Dow break to a 16,000 handle, S&P under 2,000, and Nasdaq under 5,000…before a late-dat $2-3bn MOC buy order out of nowhere lifted everything…
The moment 330ET hit, VIX was slammed (via rampant buying XIV – inverse VIX ETF) and S&P pumped back above 2000
Bonus Bonus Chart: You know it’s a bad day when…
Brian Williams says today’s market action reminds him of his early days trading the 1932 marke.
Led by a 4.3% collapse in Germany’s DAX index, European Stocks plunged 2.5% today which is the worst start to a year ever. European credit markets spiked higher in risk. 10Y bund yields tumbled over 6bps and peripheral sovereign risk spreads jumped 10-15bps. Not a good start for Draghi and his pals…
Markets have started 2016 with a healty dose of turmoil, and so many were wondering how long – and who – would be the first central bank to intervene in either directly or verbally in markets.
Moments ago we go the answer when Sweden’s Riksbank announced it has held an extraordinary monetary policy meeting in which it took the decision required to be able to “instantly intervene on the foreign exchange market if necessary, as a complementary monetary policy measure, to safeguard the rise in inflation.”
And now, we sit back and wait for some of the “real” central banks to follow suit because this aggression against manipulated asset prices will surely not stand.
As Wilbur Ross so eloquently noted, for Puerto Rico “it’s the end of the beginning… and the beginning of the end,” as he explained “Puerto Rico is the US version of Greece.” However, as JPMorgan explains, for some states the pain is really just beginning as Municipal bond risk will only become more important over time, as assets of some severely underfunded plans are gradually depleted.
With the world once again gripped by the latest Antichrist Middle East snafu in which suddenly every Antichrist Muslim Gulf State has found itself in the worst diplomatic crisis with Antichrist Iran in 30 years which, incidentally, started after Antichrist Saudi Arabia executed a Antichrist Shiite cleric in its biggest mass execution yet, unleashing righteous Antichrist Iranian anger at its action, many have forgotten – if only temporarily – about Europe’s biggest crisis at the moment: the onslaught by over one million refugees, who are desperate to escape from the political disaster that are the broken states of Syria and Iraq.
The same migrants who are unwelcome not only across most of Europe, but increasingly more at the country which started the entire migrant exodus in the first place: Germany.
Just five arrests have been made by German police after central Cologne was transformed into a war-zone on New Year’s Eve, as an estimated 1,000 migrants celebrated by launching fireworks into crowds and sexually assaulting German women caught up in the chaos.
The sordid details of the horrifying sexual assaults and attacks made against ordinary Germans by large gangs of migrants in Cologne in the early hours of Friday morning are just now emerging.
Far from a small number of sex assaults reported to have been made by German speaking men in initial reports on New Year’s Day, dozens of women are now reported to have been molested and “raped”, while dozens more men have been assaulted and robbed.
One victim, 28 year old ‘Katja L’ spoke of her ordeal as she tried to make her way to the waiting room of Cologne railway station with two other girls and a boyfriend in the early hours of new year’s day. She told Der Express – one of the largest regional newspapers: “When we came out of the station, we were very surprised by the group that met us there”. She said the group was “exclusively young foreign men”. Keeping close to her friends, they pressed on:
“We then walked through this group of men. There was an alley through [the men] which we walked through. Suddenly I felt a hand on my buttocks, then on my breasts, in the end, I was groped everywhere. It was a nightmare. Although we shouted and beat them, the guys did not stop. I was desperate and think I was touched around 100 times in the 200 meters.
“Fortunately I wore a jacket and trousers. a skirt would probably have been torn away from me”.
As Katja L and other witnesses who have since come forward said, as they were molested by the gang the men were laughing and pulling their hair, and there were shouts of “ficki, ficki” (fucky fucky) hurled at them as they were called “sluts”. Treating her as “fair game”, there had been so many men groping at her Katja L said she would be unable to positively identify any of the perpetrators to the police.
Others were less lucky. One woman had her tights and underwear torn off by the crowd, and a police source quoted said there had been “rapes” at the station that night.
So far, police have identified 80 victims of the gangs, 35 of which were subjected to sex attacks. Others were assaulted or robbed. Officers suspect there are many more as of yet unreported cases from the night, and are appealing for victims to come forward after their ordeals.
A press conference hosted by Cologne’s chief of police Wolfgang Albers this afternoon confirmed the attacks had been perpetrated by migrants, all of whom were found to be carrying official immigration paperwork by police officers at the time. Mr. Albers said “the crimes have been committed by a group of people who mostly come from her in appearance from the North African and Arab countries”, and that he found the situation “intolerable”.
In addition to the sex attacks, there were several brawls between migrant gangs at the railway station, and large numbers of fireworks were fired into the crowds and at the hapless police. A witness said: “There were thousands of men. Simply firing into the crowd, and as my girlfriend and I wanted to get us to safety, but they blocked our way. We were so scared! We fled from the station”.
Despite dozens of men and women having been attacked, the area being comprehensively monitored by CCTV, and having thousands of potential suspects, Cologne police have arrested just five men so far in relation to the new year’s eve attacks.
The police chief may yet have serious questions to answer on the attacks, which follow a year of record breaking migration, after it emerged that just ten officers were dispatched to the station after the report of a gang sex assault in the early hours of the morning, and unverified accusations started to circulate on-line of officers even ridiculing a victim for not having been vigilant enough to avoid being attacked. Breitbart London has approached Cologne police for comment.
The police union said of the incidents: “This is a completely new dimension of violence. This is something we have not known”.
Before the New Year some German towns cancelled fireworks displays for fear of upsetting migrants who would associate the loud noises with the sounds of a war zone.
Watch: Fireworks fired into the crowds outside Cologne rail station in video uploaded by Turkish migrant who filmed the chaos
Year Mw6.5 – Mw6.9 Mw7.0 – Mw7.9 Mw8.0 – Mw8.9 Mw9.0+.
2016 1 0 0 0
2015 42 18 1 0
2014 36 12 1 0
2013 40 16 2 0
2012 27 13 2 0
2011 33 18 0 1
2010 3 19 1 0
2009 12 18 1 0
2008 8 9 1 0
2007 17 15 5 0
2006 9 9 3 0
TOTAL: 228 147 17 1
Fuego volcano, Guatemala, erupted on January 3, 2016 sending a plume of thick ash 7 315 m (24 000 feet) into the air, INSIVUMEH reported. On December 31, 2015 the volcano activity was increasing, possibly building up toward a new paroxysm.
Volcano’s eruption has caused new lava flows and loud explosions, however, the nearby population has not been affected so far, and no evacuations have been ordered, according to media reports. Also, no flights at the main international airport have been canceled due to eruption event.
Volcano Discovery reported the activity at Fuego might be picking up toward a new paroxysm on December 31, 2015. A team of experts observed mild to strong strombolian explosions occurring at intervals between 1 and 10 minutes with the strongest explosion sending incandescent material to heights of about 500 m (1 640 feet). One especially intense volcano explosion was accompanied with a very strong shock wave on the occasion.
Bll Gates is a member of the Good Club which met in New York in 2009 to discuss ways of curbing global overpopulation together with George Soros and David Rockefeller.
The links between members of this shadowy group and the shadowy scientists, organisations and labs at the centre of the Ebola outbreak in West Africa have been documented
The consequences of a rare hurricane hit in Yemen on November 3, 2015 are still felt today. Tropical Cyclone “Chapala” caused flash floods across the port of Mukalla, and regions of the Hadramout province, which damaged roads, houses and sewer systems. Recent Dengue fever outbreak is directly connected to un-remediated effects of cyclone hit.
The Mukalla city is still submerged in sewage swamps producing harmful fumes that residents are forced to inhale. The situation is greatly contributing to hazardous health conditions in the area aggravated by the second outbreak of Dengue fever during mid-November 2015.
A spell of heavy rainfall drenched large portions of New South Wales (NSW), Australia on January 3, 2016. Some towns located on the South Coast reported breaking January rainfall records already, and Australian Bureau of Meteorology (BOM) forecast more severe weather during January 4 and 5.
The South Coast Region was hit the hardest on January 4. 117 mm (4.6 inches) of rainfall was recorded in Bateman’s Bay and 155 mm (6.1 inches) in Moruya. The observed amounts of precipitation have been reported to set a record for the heaviest January rainfall in the area since 1999.
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