IMF: EU Crisis Is a Global Disaster!
- This coming collapse is engineered by the Illuminists to drive the world to a One World Currency, Global Supra-National Central Bank and the Luciferian New World Order. World War is their brute force method of getting what they want!
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IMF: EU Crisis Is a Global Disaster
by http://www.thedailybell.com/
Eurozone debt crisis could prove ‘very costly’ for the world, warns IMF … The International Monetary Fund (IMF) has urged eurozone leaders to take immediate action over the region’s debt crisis, warning it could prove “very costly” for the world. If the crisis were to spread to the core euro area, this could have ‘major global consequences’, the IMF said. Europe’s policymakers must press on with deeper economic integration to “stay the course”, the global lender said ahead of Thursday’s crunch summit of eurozone leaders. – UK Telegraph
Dominant Social Theme: It is most necessary to merge.
Free-Market Analysis: We can see in this article (excerpted above) the naked obviousness of a power elite dominant social theme. The crisis the EU faces is now said to be an international emergency and thus must be solved to protect the world. Greece’s default is now somehow a global one. This is because in the 21st century everybody is connected to everyone else. What they don’t tell you is that it’s been MADE this way.
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So many of the elite’s dominant social themes are under attack in the 21st century. We’ve predicted as much by making the seemingly absurd claim (to some) that the Internet is a modern Gutenberg Press. But as history unfolds, we think we can make a case for its validity. The modern Internet Reformation is ongoing and, like the last communications inspired one, is upending the authority and provenance of the powers-that-be.
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Global warming, the phony war on terror, the inevitability of fiat money – all these elite promotions and many more are receiving considerable pushback from increasingly aware and activist populations. This is the REAL global revolution, an outgrowth of what we have come to call the “hive mind.”
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People are instinctually gregarious and communal, and this is why fashion and culture works the way it does. The human brain seeks out what is “new” – probably as a survival instinct. Memes spread quickly, abetted by modern technology. This does not mean the world has grown closer – as the elites maintain – only that communication technology has grown more efficient.
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The recipe is very simple. The world economic crisis has markedly focused people’s minds, certainly in the West. When they begin to use the resources around them to figure out a personal and communal response, they stumble onto a vastly expanded knowledge base provided by the Internet.
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The impact of finding out the money in your wallet is a hoax cannot be underestimated. Once one has made the connection between policies at the top and one’s own subjugation, increasing research is inevitable. The ‘Net provides it.
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Were times good, people might not be compelled to question what’s going on. But the combination of bad times and the truth-telling of the Internet is a powerful concoction. People don’t go onto the ‘Net intending to be “radicalized,” but an expanded frame-of-reference inevitably provides a graduation of enlightenment.
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And just as with the first Renaissance and Protestant Reformation, ideas have consequences. The idea inherent in the modern Internet conversation is that government does NOT have the answers and that people can take their own human action to control their surroundings. That’s why Austrian, free-market economics is so compelling and – despite a mainstream media blackout – has grown so fast outside the halls of academia (where it is still not ordinarily mentioned).
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The entire thrust of the 21st century, when the elites controlled all manner of communication, was intended to send a message that people were infantilized onlookers battered by the tides of history. The average person, in fact, was made to feel as helpless as a clam, shoved around by the tides of modern events.
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Not so fast. As people being to discover that history is DIRECTED, they also unearth causation. There are composers at the top, making the music. This Anglosphere elite seeks one-world government and will stop at nothing to get it. Its tools are fear-based promotions that frighten Western middle classes into giving up power and wealth to conveniently created globalist institutions like the UN, WHO, NATO, IMF and the World Bank.
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But Internet Reformation is undermining all this. It is dawning on more and more people that their perceptions are being manipulated. The world in the 21st century is no more interconnected than at any other time in recent history. A hundred years ago, in fact, the gold standard homogenized the world a good deal more than fiat currencies do today.
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Look away, we are instructed. Don’t mine history for examples. Real history doesn’t exist anyway, as presented by elite curriculums – it’s all accidental. Where in school – any Western school – is the history of the gold standard taught? Where is ANY real history taught, history being the investigation in the past 100 years of directed history and the way the elites have manipulated the world in order to set it on track toward globalist government.
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The power elite uses war the way a sculptor uses a chisel. They use monetary policy like a paintbrush, and their canvas is the despoliation and bankruptcy of ALL. It is a Pharisaical concept, as we pointed out the other day, driven by incredibly wealth banking families and their corporate, military and religious enablers. You can see this article here: Anti-Semitism, Douglas Reed and Zion.
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As a SYSTEM it is likely perpetual, or at least long lived, dating back to Babylon. But its influence waxes and wanes. Modern communication technology confronts it. Which is why it is so important that this latest elite promotion – a unified Europe – not be allowed to fail. Regional currencies are the stepping-stones by which we ascend to a one-world order.
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There is no rational reason, of course, why a forced agglomeration of 300 million people all speaking different languages is necessary for world peace. Forced accommodations generally don’t last. But this is what we’re told. If the EU fails, we are told, Germany will start trying to take over the world again. Or Europe, generally, will sink into war and chaos.
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And so every few days as crises erupt, we are privileged to the exhortations of globalist enablers. “To put the crisis behind, we need more Europe, not less. And we need it now,” Antonio Borges, director of the IMF’s European department, tells us, according to the UK Telegraph. “On Tuesday night, diplomats in Brussels were warning of “bedlam” unless a deal is “more or less” sealed on Thursday.
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The crisis around Greek debt now poses “serious risks” that it will infect the region’s core powerhouse economies, we are informed. The fears about weaker member states’ finances have created a chain reaction making it impossible for Greece, Ireland and Portugal to borrow on international marts. Here’s some more from the article:
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If the crisis were to spread to the core euro area, this could have “major global consequences”, the IMF said. “Decisive further policy actions to contain the crisis are critical not only for the euro area itself, but also from a global perspective.”
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…. for the full article click here!
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Jim Sinclair: Raising The Debt Ceiling Does Not Fix The Problem!
- Wise words from Mr. Gold: Jim Sinclair. What people don’t see is the OTC derivatives financial weapons of mass destruction that is eating away the heart of the global financial system!
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Raising The Debt Ceiling Does Not Fix The Problem
by Jim Sinclair, http://www.jsmineset.com/
The idea that an increase in the debt ceiling is a solution to anything is nonsense. The event would be simply a can kick forward for a very short period of time. Increasing debt is not a solution to a debt problem. It actually makes the problem worse It is an act of extending your Federal credit card borrowing line so you can use it to pay your mortgage.
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Calling increasing the debt ceiling a solution to a debt problem is too stupid to be stupid. The unwind is deeply entrenched since the failure of OTC derivatives in 2008. There has been no meaningful intervention in this economic downward spiral at the level of the cause. The downward spiral therefore continues unabated.
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All downward spirals go to zero unless an intervention takes place at the level of the cause of the problem in the first place. OTC derivatives are what turned a four year correction into the greatest economic accident in human history. OTC derivatives only go one way in size and that is up. Changing the way nominal value is determined does not solve the problem. All that does is add camouflage to the problem. It does not solve it.
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$1600 in gold is simply another round number which will create drama, but no opposition to the increasing price. Nothing additional is required for a higher price of gold. The damage is done. The debt of the entire Western world is beyond out of hand. The so called solution, just like raising the debt ceiling, will be acts of kicking the can down the road. We have come to the end of the road. The result of no financial discipline anywhere in the Western world is unfolding.
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Gold will challenge $1764 where a hyperbolic price appreciation will start.
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FedRes Planning For Potential Default !
- The warning signs are there but the sheeple are complacent. The problem is that people have been so dumbed down that they are incapable of thinking for themselves. Coupled with the fact that the sheeple are constantly fed a bunch of conflicting information and disinformation. So they are paralyzed and distracted from the important issues at hand.
- - I can’t tell you which of the last 5 straws will break the camel’s back. But it is absolutely certain that a global economic, financial and monetary meltdown is coming. The Illuminist snakes may play a game of brinksmanship using their politician puppets. This will make the politician snakes look like the culprits in this current crisis and thereafter make the Illuminist banksters look like saviors!
- - Many banks all over the world hold US treasuries as part of their capital to maintain their Capital Adequacy Ratio (CAR). When supposedly safe US treasuries lose value dramatically, it will rock the banking system. Got gold yet?
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Fed planning for potential default
By Kristina Cooke and Tim Ahmann, http://www.reuters.com/
(Reuters) – The Federal Reserve is actively preparing for the possibility that the United States could default as a deadline for raising the government’s $14.3 trillion borrowing limit looms, a top Fed policymaker said on Wednesday.
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Charles Plosser, president of the Philadelphia Federal Reserve Bank, said the U.S. central bank has for the past few months been working closely with Treasury, ironing out what to do if the world’s biggest economy runs out of cash on August 2.
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“We are in contingency planning mode,” Plosser told Reuters in an interview at the regional central bank’s headquarters in Philadelphia. “We are all engaged. … It’s a very active process.” Plosser said his “gut feeling” was that President Barack Obama and Congress will come to an agreement to increase the Treasury’s borrowing authority in time to avert a default on government obligations.
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Obama was due to meet with top Republicans in Congress on Wednesday to discuss the latest attempts to end the dispute over raising the country’s debt ceiling, a row which has raised the prospect of the Treasury Department running out of money to pay its bills next month.
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The Treasury has repeatedly said default was unthinkable and that there was no alternative to raising the debt ceiling. Plosser’s remarks marked the most extensive public comments yet on preparations for a default from a U.S. official.
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IMF Warns The Eurozone of £400bn Global ‘Earthquake’ And Urges Them To Rescue Greece!
- Am I paranoid to warn about a coming global economic, financial and monetary meltdown? Judge for yourself. The Illuminist banksters are warning about it too! Of course, their warning sounds more like a threat: “Do what we tell you or there will be a massive collapse!” (emphasis mine)
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IMF warns the Eurozone of £400bn global ‘earthquake’ and urges them to rescue Greece
By Hugo Duncan, http://www.dailymail.co.uk/
The debt crisis crippling the Eurozone could trigger an ‘earthquake’ that slashes hundreds of billions of pounds off the global economy, the world’s financial watchdog warned last night. The International Monetary Fund urged European leaders to rescue Greece and stop the shockwaves spreading to some of the region’s largest economies, including Italy and Spain, and the rest of the world.
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‘It would be very costly not just for the Eurozone but for the global economy to delay tackling the sovereign crisis,’ said Luc Everaert, head of the IMF in the single-currency bloc. The Washington-based Fund said that in its ‘earthquake scenario’ – where the crisis spreads through the entire Eurozone – the size of the economy in the region would fall 2.5 per cent. Global growth would fall by around 1 per cent, it said, or nearly £400billion.
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The price of gold raced to a fresh high of $1,610 an ounce yesterday as nervous investors piled money into ‘safe havens’. Borrowing costs in the Eurozone also rose, making it even more expensive for governments to operate.
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European leaders meet in Brussels tomorrow in a desperate effort to break the deadlock over a second bailout for Greece. It is feared that if an agreement is not reached, the crisis will engulf Italy and Spain and lead to the collapse of the euro. One leading economist in London said it was ‘last-chance saloon’ for politicians to save the single-currency union.
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But German Chancellor Angela Merkel played down the chances of the emergency summit resolving the crisis in Greece. She said there would be nothing ‘spectacular’ decided in Brussels, adding the meeting ‘will help in this, but further steps will be needed’. Suki Mann, a senior analyst at Societe Generale in London, said: ‘As another D-day looms on Thursday, we have few soothing words, ‘Greece appears beyond repair, Italy is on the brink and the chances are that the euro might be no more very soon.’
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Europe is at loggerheads over how to deal with the crisis in Greece and its failure to do so has put Spain and Italy in the firing line. In its latest report on the 17 single-currency nations, the IMF said: ‘An intensification of the debt crisis, especially if it were to spread to the core euro area, could have major global consequences. The euro area plays a major role in the global economy and therefore has potentially large spillover effects on the rest of the world.’ The Fund said ‘financial markets remain under stress, underscoring the urgent need for strong measures’ to shore up the euro bloc.
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Spain was in the spotlight yesterday after its borrowing costs soared by more than a third.
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Meanwhile, President Barack Obama said there had been ‘some progress’ in negotiations over raising the nation’s debt ceiling. If it is not raised, the U.S. will default on its loans, which financial experts say would be ‘catastrophic’ for the global economy.
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Bohemian Grove Mystery: Satanism & The Ruling Elite!
- The world is ruled by a Satanic elite! Bohemian Grove is their private club to perform sacrifice to Molech. Some people alleged that live human sacrifices (mostly children) are also performed. See also:
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Alex Jones: Bohemian Grove 2011 – George HW Bush aka “Gog”, Mark Maguire, Tom Cruise … Expand “Arab Spring” …
Dr Scott Johnson: The Bohemian Grove Exposed ! Leaders of The World And Their Satanic Club!
Bohemian Grove 2011 Cremation Of Care Interviews! Western Leaders Gather For Satanic Ritual !
Alex Jones on Gay Rituals of Bohemian Grove!
Bohemian Grove: Illuminati Meet This Week for Satanic Rituals!
Dark Secrets: Inside The Bohemian Grove! Satanism And The Ruling Elite!
Bilderberg 2011 Agenda: Global Economic Collapse, World War… Leading To New World Order, New Financial-Monetary System!
Swiss Banker Unmasks Bilderberg Criminals!
Alex Jones: Bilderberg Conference of Global Power Brokers Set To Meet!
Doc Marquis: Frontmen of the Illuminati !
Illuminati CFR, Trilateral Commission, ‘Bilderberg Hand’: Deadly Chaos in Libya, Bahrain as Wave of Rage Spreads!
Bilderberg Owned Publication The Economist: Yes, Powerful “Globocrat” Elites Are Running Things, It’s Not A Conspiracy!
Adrian Salbuchi: The Coming World Government – Tragedy and Hope!
From Global Depression to Global Governance!
Stanley Monteith: Secrets of the Illuminati Revealed ! The Hidden Luciferian History of The New World Order!
John Todd(Ex Council of 13): Occult World, Illuminati, CFR, Collins family, Drug Trade, Witchcraft in America, …. Salvation Testimony!
John Todd (1970s): Ex Council of 13 Illuminati Member Reveals How the Illuminists Work. Trilateral Commission, Council on Foreign Relations, Illuminati Corporations, World Government, Attack On Christian Church, Rock Music….
Dr. John Coleman: The Illuminist Committee of 300!
Dr. John Coleman: Illuminist Committee of 300 Staged Atrocities for World Government !
Dr. John Coleman Reveals The Illuminist Committee of 300 Plans for America!
The History of the Illuminati ! The 13 Satanic Bloodlines!
Myron Fagan’s 1960s Lecture Exposing The Illuminati, CFR And The Satanic One World Government Plan!
Conspiritus: The Illuminati Conspiracy!
Svali: The Illuminati Defector Who Turned To Christ !
Former Nato Secretary-General Admits Bilderberg Sets Global Policy!
Conspiracy of Silence: Who are the Bilderberg Group?
Bilderberg 2010: Global Awakening, Euro Collapse, Iran, Israel, Turkey And Trigger for World War for Global Government!
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Ron Paul: “We Will Default Because The Debt Is Unsustainable”!
- YouTube:
“When a country is indebted to the degree that we’re indebted, the country always defaults. We will default because the debt is unsustainable,” Rep. Ron Paul (R-TX) said on the House floor today.
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“If we don’t understand this, this default will not be because we don’t send out the checks. We will send out the checks. It will be defaulted on because people will get their money back, or they will get their Social Security checks and it won’t buy anything.”
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