Socio-Economics History Blog

Socio-Economics & History Commentary

Forget About Italy and Greece, Spain Next on Agenda!

  • Contagion is spreading like wildfire! Spain 10 yr government bond yield is rising precipitously(6.4%)!
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    Forget About Italy and Greece, Spain Next on Agenda!
    By: Catherine Boyle Staff Writer, CNBC.com
    Spain has come to the forefront of the European markets agenda again this week as yields on its debt soared and it prepared for a new government.
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    “In a lot of ways it’s more worrisome than Italy,” Megan Greene, senior research analyst at Roubini Global Economics, told CNBC.com.
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    The euro zone’s fourth-largest economy had fallen into the background while Italy and Greece dominated the headlines. Now concerns are growing about the country’s banking sector, its sovereign debt, high unemployment and stagnant GDP growth – and the social unrest they may cause.
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    The center-right People’s Party (PP), led by Mariano Rajoy, is predicted to win an overall majority in next week’s elections, defeating the incumbent Spanish Socialist Worker’s Party (PSOE). The prospect of a government with a strong mandate to enforce reforms should, in theory, reassure markets, yet yields on Spanish 10-year bonds hit 6.38 percent their highest level for a year, this week.
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    Concerns that Spain’s budget deficit is higher than the 6 percent of GDP target for 2011 are widespread. The European Union target is 3 percent – and Spain’s deficit was 9.2 percent of GDP in 2010.
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    “What’s likely to happen is that the People’s Party take control and say: ‘Oh my God, we have looked at the books and it’s much worse than we thought,’” Alistair Newton, senior political analyst at Nomura, told CNBC. “There is a huge degree of uncertainty over how high it will be.”
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    He said that the PP was “fully on board with the International Monetary Fund, Berlin and the European Central Bank” on the need to get the deficit under control. Yet reducing the deficit will be a long, grim task for Spain and the Spanish people, already suffering from declining property prices and youth unemployment at close to 50 percent.
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    Economists at Credit Suisse believe Spanish workers need to have an 11 percent cut in wages over the next 5 years to restore competitiveness.
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    … for more click here!

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November 17, 2011 Posted by | Economics | , , , , , , | 2 Comments

How FreeMasonic Goldman Sachs Controls Europe!

LeMonde(France) headline: The European Freemasonry of Goldman Sachs! (15Nov2011)

  • Illuminist banksters are rapidly taking over the world and kicking out their cronies who do not do as they are told ! Quotes on FreeMasonry:
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    “To you, Sovereign Grand Inspectors General (of the 33rd degree), we say this, that you may repeat it to the brethren of the 32nd , 31st and 30th degrees – The Masonic Religion should be, by all of us initiates of the high degrees, maintained in the purity of the Luciferian doctrine.  … Yes, Lucifer is God … “
    Albert Pike, Morals and Dogma of the Ancient and Accepted Scottish Rite of Freemasonry in 1871     (blasphemy)
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    One of the unheralded and least known facts about Freemasonry and the Masonic Lodge is its Jewish origins and nature. The religion of Judaism, based on the Babylonian Talmud, and the Jewish Cabala (or, Kabala), an alchemical system of magic and deviltry, form the basis for the Scottish Rite’s 33 ritual degree ceremonies.
    - Freemasonry is Jewish Magic, Texe Marrs
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    “Masonry is based on Judaism. Eliminate the teachings of Judaism from the Masonic Ritual and what is left?”
    -     Jewish Tribune of New York, on October 28, 1927
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    “Freemasonry is a Jewish establishment, whose history, grades, official appointments, passwords, and explanations are Jewish from beginning to end.”     - Rabbi Isaac Wise
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    Satanic doctrine teaches that, ultimately, the New World Order can be established in society only after a time of planned, great world turbulence and chaotic disorder. It is this very concept- “order out of chaos”- which is at the foundation of all Masonic doctrine. Significantly, Masonic initiates elevated to the 33 degree are given a “jewel” to wear proudly. This jewel is decorated with the sign of three, interlocked triangles, representing both the unholy trinity and the number 666. The jewel is also inscribed with the Latin inscription “Ordo Ab Chao,” interpreted as “Order Out of Chaos.”
     Circle Of Intrigue, Page 94, Texe Marrs
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    Here is the 33rd Degree Masonic Symbol
    The higher-level initiates are well aware that in the working of The Plan (for a New World Order), death and bloodshed- unparalleled chaos are prescribed. John Randolph Price, president of the Planetary Commission and organizer each year of a massive and worldwide “Instant of Cooperation” event, has proclaimed that the “Divine Plan” requires chaos to cleanse and purge the world before a bright, new era can emerge.
    Circle Of Intrigue, Page 100, Texe Marrs 

Satanic doctrine teaches that, ultimately, the New World Order can be established in society only after a time of planned, great world turbulence and chaotic disorder. It is this very concept- “order out of chaos”- which is at the foundation of all Masonic doctrine. Significantly, Masonic initiates elevated to the 33 degree are given a “jewel” to wear proudly. This jewel is decorated with the sign of three, interlocked triangles, representing both the unholy trinity and the number 666. The jewel is also inscribed with the Latin inscription “Ordo Ab Chao,” interpreted as “Order Out of Chaos.”

Revelation 2:9 - .... and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

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November 17, 2011 Posted by | EndTimes, GeoPolitics | , , , , , , | Comments Off

Insurmountable Mountain of Debt: 9 Industrialized Nations!

Figures are a little old, so it is conservative. US government debt is now US$15T - 100% of GDP! Source: http://www.oftwominds.com/blognov11/drowning-in-debt11-11.html

November 17, 2011 Posted by | Economics | , , , , , | Comments Off

‘Alarm Bells should be Ringing for France’: Fears for Eurozone’s Second-Largest Economy as Borrowing Costs Soar!

It is coming!!!

  • THE PROTOCOLS OF THE LEARNED ELDERS OF ZION
    Protocol III Methods of Conquest … We shall create by all the secret subterranean methods open to us and with the aid of gold, which is all in our hands, A UNIVERSAL ECONOMIC CRISES WHEREBY WE SHALL THROW UPON THE STREETS WHOLE MOBS OF WORKERS SIMULTANEOUSLY IN ALL THE COUNTRIES OF EUROPE.
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  • When Italy falls, France will go down first then Germany! The contagion is unstoppable!
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    ‘Alarm bells should be ringing for France’: Fears for Eurozone’s second-largest economy as borrowing costs soar!
    By Hugo Duncan, http://www.dailymail.co.uk/ 
    - Top German banker spells out concerns
    - France also ranked 13th out of 17 in Lisbon Council health report
    - Follows rise in yield on 10-year government bonds
    - Austria, Finland and the Netherlands also hit by sell-off panic
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    Eurozone bond markets suffered from a mass sell-off yesterday – with previously healthy economies finding themselves sucked into the debt crisis. The yield on French government bonds climbed to 3.63 per cent. With the German equivalent at just 1.75 per cent, the difference between what it costs Paris and Berlin to borrow is at its highest level since the euro was established in 1999.
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    And an influential report added to market nerves with a claim that the French economy is the 17-member eurozone’s second biggest but only the 13th healthiest. The Lisbon Council think tank and Germany’s Berenberg Bank rates France one rank above Italy, and one below Spain.
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    ‘Alarm bells should be ringing for France,’ said Holger Schmieding, Berenberg’s chief economist. Those bells might also ring, however, for the triple-A rated countries Austria, Finland and the Netherlands, which also saw bond yields worryingly.
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    France saw its bond yields continue to climb this morning before falling back to 3.67 per cent. The French economy is rated 13th out of the 17 in the eurozone for its overall health by The Lisbon Council think tank and Germany’s Berenberg Bank.
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    The report fuelled concerns that France, the second biggest economy in the eurozone behind Germany, will be dragged into the crisis engulfing the so-called PIIGS of Portugal, Ireland, Italy, Greece and Spain. It came as official figures showed the eurozone economy grew by just 0.2 per cent in the third quarter of the year.
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    … for more click here!

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November 17, 2011 Posted by | Economics | , , , , , , | Comments Off

Ex-Illuminati Doc Marquis: 2012 And Beyond ! World War 3 Around The Corner?!

  • EX-ILLUMINATI Doc Marquis with speaking about 2012 AND BEYOND,  the Illuminati have plans for a World War III probably to start in the middle east , Doc Marquis calls 2012 a smoke screen used by the Illuminati in order to divert the public’s attention from their plans for 2013 and 2018 he also claims that the hive regarding planet nibiru is fake, if that’s the case then that’s one hell of a disinfo campaign…. the best one they’ve ever done actually. Obama may be assassinated in 2012 according to Doc Marquis and this will trigger an Islamic jihad against Israel cause according to Doc Marquis …
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  • Satanic World War 3 Plan
    “The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other.
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    Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil.
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    Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view. This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time.”4
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  • THE PROTOCOLS OF THE LEARNED ELDERS OF ZION
    Protocol III Methods of Conquest
    … We shall create by all the secret subterranean methods open to us and with the aid of gold, which is all in our hands, A UNIVERSAL ECONOMIC CRISES WHEREBY WE SHALL THROW UPON THE STREETS WHOLE MOBS OF WORKERS SIMULTANEOUSLY IN ALL THE COUNTRIES OF EUROPE.

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November 17, 2011 Posted by | EndTimes, GeoPolitics, Social Trends | , , , , , , , | Comments Off

Doc Marquis: History of Illuminati’s Plan for America! Protocols of The Learned Elders of Zion And The Arrival of The Antichrist !

  • Doc Marquis was raised in an Illuminati (Satanic) bloodline family for 20 years before turning to Jesus Christ for salvation! This is an excellent lecture on: the Illuminati, its history, its attack on America, the occult symbols on the US dollar, its meanings, the explanation on the Protocols of Zion and the coming Anti-Christ … and many more issues!
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  • Doc Marquis: THE ILLUMINATI’S  PROTOCOLS OF THE LEARNED ELDERS OF ZION
    by http://docmarquispubs.tripod.com/
    … Now, Doc Marquis, a former twenty-year-member of the Illuminati (or an Illuminist/Luciferian) has both “decoded” and re-written the ILLUMINATIS PROTOCOLS OF THE LEARNED ELDERS OF ZION”, as a sequel to SECRETS OF THE ILLUMINATI to prove that, once and for all, it is NOT a Zionist document, but a document perceived and created by the Illuminati. Within “THE ILLUMINATI’S PROTOCOLS OF THE LEARNED ELDERS OF ZION, you will find:
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    * In the first twenty-four chapters, the complete “decoded” document. Each chapter contains and features one of the “decoded Protocols”; Chapters 25 to 31 will reveal the Seven-Part Plan through which the Illuminati plans to take over the world. It is important to note that these seven criteria must be met, or their plans will totally fail. Using the original “Protocols”, Doc carefully reveals How the Illuminati plans to do it; and Why they must do this in such a specified and precise manner; (and) Chapter 32 offers the “proof” of the Illuminati’s political power through the Two Seals of the United States, found on the back of the one-dollar bill, which are NOT those of the United States. but actually by the Illuminati.
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    For the purpose of comparison between Doc’s “Decoded” version and the “Translated” version, the 299-page “translated” volume of “The Protocols of Zion” (only), by Victor Marsden, published in 1934, in response to the 1901 Sirgius Nilus volume is also available.
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    The truly unique method of surreptitious “encoding” has been used, in reverse, to “decode” the Seals: reveal the hidden triple hexagram which makes up the “Mark of the Beast (666)”; and proves, conclusively, that the Masons are involved in the Illuminati’s global conspiracy. [According to Albert Pike, any thirty-degree Mason (or higher) is allowed to know these global secrets). (It is important to note that Albert Pike is revered as the most learned Mason in history, and is credited with writing much of the Masonic dogma).
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  • The Protocols of Zion is a Synagogue of Satan manuscript/plan for world conquest! Doc Marquis is correct in asserting that this is not a Jewish conspiracy. It is an Illuminati Synagogue of Satan conspiracy!
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    THE PROTOCOLS OF THE LEARNED ELDERS OF ZION
    Preface Introduction
    Who are the Elders?
    Protocol I The Basic Doctrine
    Protocol II Economic Wars
    Protocol III Methods of Conquest
    Protocol IV Materialism Replaces Religion
    Protocol V Despotism and Modern Progress
    Protocol VI Take-Over Technique
    Protocol VII World-Wide Wars
    Protocol VIII Provisional Government
    Protocol IX Re-education
    Protocol X Preparing for Power
    Protocol XI The Totalitarian State
    Protocol XII Control of the Press
    Protocol XIII Distractions
    Protocol XIV Assault on Religion
    Protocol XV Ruthless Suppression
    Protocol XVI Brainwashing
    Protocol XVII Abuse of Authority
    Protocol XVIII Arrest of Opponents
    Protocol XIX Rulers and People
    Protocol XX Financial Programme
    Protocol XXI Loans and Credit
    Protocol XXII Power of Gold
    Protocol XXIII Instilling Obedience
    Protocol XXIV Qualities of the Ruler

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November 17, 2011 Posted by | EndTimes, Social Trends | , , , , , , | 1 Comment

Young Girl Left Unable To Talk or Walk, Sleeps 23 Hours a Day After Getting Cervarix Vaccine for HPV!

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November 17, 2011 Posted by | Medicine & Health | , | Comments Off

For First Time, Nations Mull Greek Exit From Euro!

Eurozone train wreck coming!

  • The Eurozone will break apart. It is a question of whether it is a controlled demolition or uncontrolled destruction. France and Germany are already taking steps to prepare for the end of the Eurozone!
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    For first time, nations mull Greek exit from euro!
    By Pan Pylas, AP Business Writer
    LONDON (AP) — Maybe it’s not the Hotel California after all.
    Ever since the idea of the euro currency really took off in the late 1980s, it has been accepted wisdom that entry was forever. But now, with no less than the leaders of France and Germany conceding that Greece could leave the euro, everyone is scrambling to figure out exactly what would happen.
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    The stakes couldn’t be higher: many economists say it could plunge the global economy into another crisis on the scale of what ensued following the collapse of U.S. investment bank Lehman Brothers in 2008. Others say it would spell the beginning of the end of the dream of building a unified Europe from the ashes of World War II.
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    Yet some are saying it’s the least bad of all possible outcomes, part of the only remedy available for a currency, launched in 1999, whose design flaws have led to three countries requiring rescue. The crisis is now threatening Italy — the eurozone’s third-biggest economy — and is showing alarming signs of infecting France — its second-biggest.
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    If Greece decides to go back to the drachma following what would likely be a disorderly default, there would likely be a run on banks as depositors uncertain of the value of the new currency yank out their euros — that is if they are still given a chance. With deposits potentially running dry, banks would stop lending to one another and fail as they lost access to cash needed for their daily operations. Without capital, businesses would collapse and consumers would stockpile goods.
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    And that’s just in Greece. Investors would immediately begin speculating on which euro country would be next to fall, leading to the same kind of chaos across the continent. “This, unfortunately, is the cost of a badly designed monetary union,” said Dario Perkins, an economist at Lombard Street Research. “While in the long term, some countries leaving the euro area might be a good thing — for them and the countries that remain — it will surely be some time before those benefits are realized.”
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    Until recently, discussions about a country’s exit from the euro had been confined to market commentary and academic papers (British Foreign Secretary William Hague derided the currency as “a burning building with no exits”). Suddenly, top officials are openly discussing the possibility. At a recent summit during discussion of a possible Greek referendum on its rescue deal, French President Nicolas Sarkozy and German Chancellor Angela Merkel said in a statement that “the question is whether Greece remains in the eurozone.”
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    “That is what we want, they said, “but it is up to the Greek people to answer that question.” The referendum has since been canceled. A new Greek government now has seemingly not much more than 100 days to push through a package approving Europe’s latest rescue package and another round of punishing austerity, over the objections of many Greeks who have staged months of violent protests.
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    A growing number of analysts believes those efforts will fail, and that Greece’s days in the euro are numbered. They say Greece would do better to cut and run, avoiding the straitjacket of a decade’s worth of austerity.
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    … for more click here!

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November 17, 2011 Posted by | Economics | , , , , , , | Comments Off

Alex Jones: The Pedophile Culture!

November 17, 2011 Posted by | Social Trends | , , , , , | Comments Off

Alex Jones: Global Chemtrail Secrets Revealed !

November 17, 2011 Posted by | Medicine & Health, Social Trends | , , , , , , , | Comments Off

Gerald Celente: MF Global Looted Customers’ Accounts Via Internal Bank Run!

November 17, 2011 Posted by | Economics | , , , , , , , , , | Comments Off

Bob Chapman: The European Countries Will Lose Their Sovereignties!

November 17, 2011 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , | Comments Off

Bombtrack: Iran Eyed for ‘Good Ole’ US Policy!

  • Which countries have been threatening to bomb Iran for decades? America and Israel ! The country which has (400) nuclear bombs in the Middle East is Zionist ’666′ Israel not Iran. All these talk about Iran building a nuclear bomb is pure BS. Here are the facts about the real nuclear threat in the Middle East!
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    Noted Israeli military historian Martin van Creveld stated that Israel could find itself one day forced to exterminate the European continent using all kinds of weapons including its nuclear arsenal if it felt its demise neared
    by http://www.palestine-info.co.uk/
    Noted Israeli military historian Martin van  Creveld stated that Israel could find itself one day forced  to exterminate the European continent using all kinds of weapons  including its nuclear arsenal if it felt its demise neared, stressing  that Israel also considers Europe a hostile target.
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    This came in a press interview  broadcast by the seventh Hebrew radio and was translated on Wednesday into Arabic by the press information analysis and study center.
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    “We have hundreds of nuclear warheads and missiles that can reach different targets in the heart of the European continent, including beyond the borders of Rome, the Italian capital,”  Creveld said, adding that most of the European  capitals would become preferred targets for the Israeli air force.
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    The Israeli historian reiterated  Israel’s ability to destroy the whole world whenever it felt its existence would be doomed to extinction.  As for the Palestinians, the  historian said that Israel at the present time pursues a specific strategy based on mass deportation of the Palestinian people and has intentions to expel all Palestinians without exception, but it is  awaiting the right moment to take this step.
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    “Two years ago, there was only seven to eight percent of the Israelis believing in this solution towards the Palestinians and just two months ago this percentage rose amongst the Israelis to 33 percent, but today, according to a survey conducted by Gallup institute, this figure surged to 55 percent,” he  noted.
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    The historian highlighted that  Israel must take advantage of any incident that would give it a golden opportunity to expel the Palestinians as happened in Deir Yassin massacre in 1948.
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    Replying to a question whether  Israel does not have fears of being classified as a criminal state if it expelled Palestinians, he said, “Israel is a state that does not care about what others say about it and you must remember the saying of  former defense minister Moshe Dayan when he said that ‘Israel must  always act as a wild dog because it should be dangerous in the eyes of  others, rather than be harmed.’”
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  • I want to quote to you now from one of my Panorama interviews with Golda Meir ….  “Prime Minister I want to be sure I understand what you’re saying… You are saying that if ever Israel was in danger of being defeated on the battlefield, it would be prepared to take the region and the whole world down with it?” Without the shortest of pauses for reflection, Golda replied: “Yes, that’s exactly what I’m saying.” ….. How, actually, would the Zionist state of Israel take at least the region down with it? It would arm its nuclear missiles, target Arab capitals, then fire the missiles. - Alan Hart, Author of Zionism: The Real Enemy of the Jews 

Revelation 2:9 - .... and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

by Warner D. Farr, LTC, U.S. Army, http://www.au.af.mil/

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November 17, 2011 Posted by | GeoPolitics | , , , , , , , | 1 Comment

Willem Buiter: Spain And Italy Could Default In “Maybe a Few Months, Weeks or Days”!

  • It should be quite obvious by now what is about to happen! The world is facing a global economic, financial and monetary meltdown. It will start in the PIIGS and reverberate outwards across the globe. The good news is that because it has dragged on for so long, more countries/governments are aware of it and are taking precautions. Some region like Asia will fare better. (emphasis mine)
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    Europe Has as Little as Weeks to Avoid Default, Citigroup Says
    By Cheyenne Hopkins and Tom Keene, http://www.bloomberg.com/ 
    Europe has as little as days or weeks to act to avoid a default by a euro-region country, Citigroup Inc. Chief Economist Willem Buiter said today.
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    “Time is running out fast,” Buiter said in an interview on Bloomberg Television’s “Surveillance Midday” with Tom Keene. “I think we have maybe a few months — it could be weeks, it could be days — before there is a material risk of a fundamentally unnecessary default by a country like Spain or Italy which would be a financial catastrophe dragging down the European banking system and North America with it. So they have to act now.”
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    Inaction by Europe’s leaders and resistance from theEuropean Central Bank to expand purchases of government bondsraised the prospect of contagion to so-called core euro nations such as Finland and Austria. Italy’s 10-year-bond yield opened today above the 7 percent threshold that prompted Greece, Ireland and Portugal to seek bailouts.
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    Yields on Spanish five-year government securities today reached 5.82 percent, the highest since before the euro was created in 1999. Bonds issued by countries from Finland to Austria slid yesterday, driving up their premiums over benchmark German securities.
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    Italian Debt
    The European Central Bank bought larger-than-usual sizes and quantities of Italian debt today, said two people with knowledge of the trades, who declined to be identified because the deals are private. A spokesman for the central bank in Frankfurt declined to comment.
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    Buiter said the ECB is reluctant to purchase sovereign debt directly. “They consider central banks purchasing sovereign debt outright to be like swearing in church,” he said. “It’s just not done.”
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    Absent increasing the size of the European Financial Stability Facility, Buiter said the ECB is the only channel for assisting the euro area. “They may have to hold their noses while they do it, but if they don’t do it, it’s the end of the euro zone,” he said. He added that the ECB rejects a role as a lender of last resort for sovereigns.
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    “They just are a central bank that prefers to fight with both hands tied behind their back,” Buiter said. “If they just let go of one that would be enough.” The cost for European banks to fund in dollars rose to a three-year high, according to money-market indicators. The three-month cross-currency basis swap, the rate banks pay to convert euro payments into dollars, was 123 basis points below the euro interbank offered rate at 12:50 p.m. in London, from minus 119.5 yesterday, data compiled by Bloomberg show. That’s the most expensive funding level based on closing prices since December 2008, when the measure reached minus 145.

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November 17, 2011 Posted by | Economics | , , , , , , , , | Comments Off

   

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