Socio-Economics History Blog

Socio-Economics & History Commentary

Greg Hunter: US$9 Gallon Gasoline Will Crash World Economies If WW3 Starts!

January 10, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Comments Off

Wayne Madsen: Situation in Persian Gulf Just Hit Critical !

January 10, 2012 Posted by | GeoPolitics | , , , , , , , , , , , , , | Comments Off

Alex Jones Alert: Iran Crisis Headed for World War III !

  • 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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January 10, 2012 Posted by | GeoPolitics | , , , , , , , , , , , , , | Comments Off

Lt. Col. Anthony Shaffer: NDAA is More Dangerous to Americans Than Iran!

January 10, 2012 Posted by | GeoPolitics, Social Trends | , , , , , | Comments Off

Mass Panic Over Bird Flu Experiments! Financed by The US Government !

  • In the coming World War 3, I expect bio-engineered, ethnic/race specific bio-weapons to be used against the sheeple by Illuminists. First off, is a genetically altered flu virus that targets certain race: the Chinese? Severe Acute Respiratory Syndrome (SARS 2003) was a successful bio-weapon test which killed only Chinese! (emphasis mine)
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    IS SARS ENGINEERED TO ATTACK ONLY ORIENTALS? NEWS BRIEF: “China blames U.S. for SARS; Floats theory virus byproduct of bioweapon research”, WorldNetDaily, May 9, 2003.
    “The deadly SARS pandemic, which has claimed more than 500 lives worldwide, originated as a bioweapon in a U.S. research lab, according to the Hong Kong newspaper Wenweipo.”

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    Debate persists on deadly flu made airborne! 
    by Denise Grady and Donald G McNeil Jr, The New York Times 
    The young scientist, normally calm and measured, seemed edgy when he stopped by his boss’s office. “You are not going to believe this one,” he told Ron Fouchier, a virologist at the Erasmus Medical Center in Rotterdam. “I think we have an airborne H5N1 virus.”
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    The news, delivered one afternoon last July, was chilling. It meant that Dr. Fouchier’s research group had taken one of the most dangerous flu viruses ever known and made it even more dangerous – by tweaking it genetically to make it more contagious. What shocked the researchers was how easy it had been, Dr. Fouchier said. Just a few mutations was all it took to make the virus go airborne.
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    The discovery has led advisers to the United States government, which paid for the research, to urge that the details be kept secret and not published in scientific journals to prevent the work from being replicated by terrorists, hostile governments or rogue scientists.
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    Journal editors are taking the recommendation seriously, even though they normally resist any form of censorship. Scientists, too, usually insist on their freedom to share information, but fears of terrorism have led some to say this information is too dangerous to share.
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    Some biosecurity experts have even said that no scientist should have been allowed to create such a deadly germ in the first place, and they warn that not just the blueprints but the virus itself could somehow leak or be stolen from the laboratory. Dr. Fouchier is cooperating with the request to withhold some data, but reluctantly. He thinks other scientists need the information.
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    The naturally occurring A(H5N1) virus is quite lethal without genetic tinkering. It already causes an exceptionally high death rate in humans, more than 50 percent. But the virus, a type of bird flu, does not often infect people, and when it does, they almost never transmit it to one another.
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    If, however, that were to change and bird flu were to develop the ability to spread from person to person, scientists fear that it could cause the deadliest flu pandemic in history. The experiment in Rotterdam transformed the virus into the supergerm of virologists’ nightmares, enabling it to spread from one animal to another through the air. The work was done in ferrets, which catch flu the same way people do and are considered the best model for studying it.
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    “This research should not have been done,” said Richard H. Ebright, a chemistry professor and bioweapons expert at Rutgers University who has long opposed such research. He warned that germs that could be used as bioweapons had already been unintentionally released hundreds of times from labs in the United States and predicted that the same thing would happen with the new virus.
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    … for more click here!

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January 10, 2012 Posted by | GeoPolitics | , , , , , , , , , | Comments Off

Forbes: The Neverending MF Global Story – Regulators Block The Truth!

  • Fascism is rising in America! Mr Joe Q Public is being screwed for the sake of Illuminist banksters/corporations that have taken over the government.
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    The Neverending MF Global Story: Regulators Block The Truth! 
    by Francine McKenna, http://www.forbes.com/
    Instead of looking out for MF Global investors – and customers who are still waiting for their money – it looks like regulators and the bankruptcy trustees are busy suppressing information. Instead of full transparency, regulators and the trustees are holding onto crucial details that might tell us all who was asleep at the wheel when the broker/dealer and futures commission merchant (FCM) headed over the cliff.
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    Bob English, an independent trader and contributing editor to the blog, Economic Policy Journal, published a post this morning that raises serious questions about the Securities and Exchange Commission’s program of regulation for broker/dealers and, in particular, the agency’s role in keeping the truth from the public about what went wrong at MF Global. We’re also being kept from the truth about other broker/dealers who may be putting risky trades on their books or whose controls over segregation of customer assets may be weak or non-existent.
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    “It seems that sloppy scanning and filing standards combined with preferential treatment for certain large brokers has substantially reduced the value of this part of the SEC’s public filing system. Since this is often the sole repository for disclosures about private companies, including broker dealers that do not have public holding companies, investors are being deprived of timely and critical information.
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    Even for those broker dealers that do have public holding companies, such as MF Global Inc., the financial notes of the broker audits disclose different, and oftentimes, more substantial information. Since it is now apparent that Louis Freeh, the former FBI Director cum MF Global Holdings trustee, is running cover for MF’s largest creditors, not the least of which is JP Morgan Chase, it is all the more critical that the integrity of the SEC’s public filing system be scrutinized.”
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    … for more click here!

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January 10, 2012 Posted by | Economics | , , , | Comments Off

Graham Summers: 2012 Will Mark The End of The Euro!

The Eurozone is on fire!

  • The world is heading towards a global currency meltdown. The Euro will collapse first, followed by UKP, JPY … and finally USD. This is an intentionally engineered monetary collapse. I do not believe that any major fiat currencies will survive this. Minor fiat currencies will follow the route of currency debasement down the toilet bowl. Expect hyperinflation!
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  • Those of you who think this coming collapse will be limited to US and EU are wrong! Will the Illuminists crash their own currencies: Euro and USD and let other competitive currencies like the CNY survive? It is like shooting themselves in the feet and abandoning their stranglehold on the global monetary hegemony. Let me assure you they are not that dumb!
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  • When America devalues the USD against gold (ie. revalue price of gold upwards) by 40% (according to Pastor Lindsey Williams), it amounts to a devaluation of the USD against all fiat currencies. Foreign countries will have to decide whether they want to similarly devalue their currencies against gold. Should they choose not to do so, their currencies will rise against the USD. They will become 40% more expensive compared to America. This will kill their economy. My conclusion is that Japan and China will also devalue their currencies accordingly to save their economy. The rest of Asia will follow suit. The rest of the world will also do the same. Hard assets will rise in price. A revaluation of gold price upwards is highly inflationary! ie. it is currency debasement on a worldwide scale!
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    2012 Will Mark the End of the Euro! 
    by Graham Summers, Phoenix Capital Research, http://www.zerohedge.com/ 
    The Euro-zone in its current form is in its final chapter. Anyone who argues otherwise is not paying attention. Consider the Greek situation. Greece’s debt problems first made mainstream media headline news at the beginning of 2009. The IMF/ EU/ ECB/ and Federal Reserve have been working on this situation for two years now. And they’ve yet to solve anything: after two bailouts, significant debt write-downs, and numerous austerity measures, Greece remains bankrupt.
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    Now, if the Powers That Be cannot solve Greece’s problems… what makes anyone think that they can address larger, more dangerous issues such as Italy or France, etc? Consider that the world’s central banks staged a coordinated intervention in November… and Italy’s ten year is back yielding more than 7% less than two months later. Again, a coordinated intervention by the world’s central banks bought less than two months’ time for Italy.
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    And now we find the debt contagion spreading to France:
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    French Debt Costs Rise at Bond Sale as AAA Decision Looms
    France sold 7.96 billion euros ($10.2 billion) of debt, with 10-year borrowing costs rising in the country’s first bond auction of the year as credit-rating companies threaten to cut the nation’s AAA grade.

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    The government sold 4.02 billion euros of the bonds maturing in October 2021 at an average yield of 3.29 percent, from 3.18 percent on Dec. 1. The euro fell to its weakest level against the dollar in 15 months, and the extra yield investors demand to hold French 10-year bonds instead of benchmark German bunds widened to the most in about six weeks.
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    “There’s still the threat of a downgrade hanging over France and until we get that situation cleared up you can’t signal the all-clear,” said Eric Wand, a fixed-income strategist at Lloyds Bank Corporate Markets in London.
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    France has the biggest debt burden of the six top-rated euro nations, at 85 percent of gross domestic product. Its 10- year yield spread to German debt widened to a 21-year high of 204 basis points on Nov. 17 amid concern Europe will struggle to contain the region’s debt crisis. Today, it reached 151 basis points, or 1.51 percentage points, the most since Nov. 25. It was at 149 basis points at 5:39 p.m. Paris time compared with a premium of 47 basis points for AAA rated Finland and 39 basis points for the Netherlands.
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    … for more click here!

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January 10, 2012 Posted by | Economics | , , , , , , , , | Comments Off

Paul Craig Roberts: December Payroll Jobs Report !

  • “The power of accurate observation is commonly called cynicism by those who have not got it.” – George Bernard Shaw
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  • More BS from the Bureau of Lying (ahem Labor) Statistics. “The US economy is recovering. There is jobs growth!” If you believe this I have a seaside bungalow on planet Jupiter I want to sell to you.
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    December Payroll Jobs Report 
    by http://www.paulcraigroberts.org/ 
    The following report is based on the work of statistician John Williams of shadowstats.com. Today’s (Friday, January 6) payroll jobs report of 200,000 new jobs in December is overstated by at least 82,000 jobs. As approximately 130,000 new jobs are needed each month to stay even with population growth, the December job figures actually indicate that the US economy fell another 12,000 jobs behind.
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    Forty-two thousand of the reported jobs are the result of a glitch in the BLS seasonal adjustment model that produces a false jump in December “couriers and messengers” jobs.
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    Forty thousand of the jobs result from the “birth/death” model that BLS uses to estimate the net effect of unreported jobs lost from business closures and jobs gained from new start-ups. The model is structured to represent normal times. During the bottom bouncing of this protracted downturn, the model over-estimates new jobs from start-ups and under-estimates job losses from business failures.
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    The official unemployment rates (U3 and U6) no longer measure all of the unemployed. The Clinton administration ceased counting as unemployed workers who had given up looking for a job for one year or longer. No discouraged workers are included in the widely reported U3 measure. The U6 measure includes workers who have been discouraged for less than one year.
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    In other words, the longer an economy is in the doldrums, the less the official unemployment rates are reliable measures of the extent of unemployment. The unemployment rate in December as measured by U3 is 8.5%; as measured by U6 which includes short-term discouraged workers (less than one year) is 15.2%. John Williams’ measure which includes the long-term unemployed is 22.4%.
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    In other words, the real unemployment rate is 2.6 times the widely reported U3 rate, which is the rate emphasized by policymakers and the financial press.

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January 10, 2012 Posted by | Economics | , , , , , | Comments Off

SYRIA: British Special Forces, CIA and MI6 Supporting Armed Insurgency. NATO Intervention Contemplated !

  • 2012 will mark a critical turning point in history. It will be the year “the sum of all our fears” become reality. It will be the year the sheeple can no longer stay asleep. They will realize that we are all in deep trouble!
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    SYRIA: British Special Forces, CIA and MI6 Supporting Armed Insurgency. NATO Intervention Contemplated 
    by Michel Chossudovsky, http://globalresearch.ca/
    Several articles in the British media confirm that British Special Forces are training Syrian rebels. The underlying pattern is similar to that of Libya where British SAS were on the ground prior to the launching of NATO’s military intervention. A Responsibility to Protect (R2P) NATO intervention modelled on Libya is contemplated. The Free Syrian Army is a de facto paramilitary creation of NATO. The reports confirm that British military and  intelligence operatives are already on the ground inside Syria:
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    “There has been growing chatter indicating that British Special Forces are in some way assisting forces aligned against the Syrian regime.
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    Reports from late November last year state that British Special forces have met up with members of the Free Syrian Army (FSA), the armed wing of the Syrian National Council. The apparent goal of this initial contact was to establish the rebel forces’ strength and to pave the way for any future training operations.
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    More recent reports have stated that British and French Special Forces have been actively training members of the FSA, from a base in Turkey. Some reports indicate that training is also taking place in locations in Libya and Northern Lebanon. British MI6 operatives and UKSF (SAS/SBS) personnel have reportedly been training the rebels in urban warfare as well as supplying them with arms and equipment. US CIA operatives and special forces are believed to be providing communications assistance to the rebels.”
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    http://www.eliteukforces.info/uk-military-news/0501012-british-special-forces-syria.php (emphasis added)

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    These reports confirm unequivocally foreign interference in the affairs of a sovereign state. This is not a popular uprising. The insurrection as well as the killings of civilians were sponsored by the Western powers from the outset.
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    US, UK and Turkish operatives are supplying the rebels with weapons in violation of international law. Reports confirm that the rebels are trained gunmen as well members of Al Qaeda affiliated organizations:
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    “Britain is gearing up for fighting in Syria that could be bigger and bloodier than the battle against Gaddafi. The Ministry of Defence is drawing up secret plans for a NATO-sponsored no-fly zone but first it needs backing from the United Nations Security Council.
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    As the unrest and killings escalate in the troubled Arab state, agents from MI6 and the CIA are already in Syria assessing the situation, a security official has revealed.
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    Special forces are also talking to Syrian dissident soldiers.
    They want to know about weapons and communications kit rebel forces will need if the Government decides to help. “MI6 and the CIA are in Syria to infiltrate and get at the truth,” said the well-placed source.
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    “We have SAS and SBS not far away who want to know what is happening and are finding out what kit dissident soldiers need.” Syria will be bloodiest yet, Daily Star  (emphasis added)

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January 10, 2012 Posted by | GeoPolitics | , , , , , , , , , | Comments Off

Bob Chapman: The War With Iran May Not Remain Local ! China & Russia May Be Dragged into It !

  • Bob Chapman - A Marines Disquisition – January 5, 2012 : oil prices are not set up by countries they are set up by exchanges and those exchanges like COMEX are rigged by the large producers of oil , …the economic sanctions against Iran are really an act of war ,the war with Iran may not remain local and there is a 50 per cent chance of the involvement of Russia and China says Bob Chapman

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January 10, 2012 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

Russian Naval Flotilla Docks in Syria!

Russia's sole aircraft carrier, the Admiral Kuznetsov, is seen in this file photo. AP photo

  • This coming Satanic World War 3 is an insanity. There is simply no sane reason to attack Iran. Iran does not have nuclear bombs or a nuclear weapons program. The Anglo-American Zionist forces driving the world into this conflict are a bunch of genocidal lying snakes. It has nothing to do with protecting Zionist ’666′ Israel from an existential threat. This is nonsense. The truth is: it is Satanic, it is Luciferian, it is about human sacrifice to fallen spiritual beings, to welcome the Anti-Christ, the bringer of false peace, the son of Satan! The stage is set. The pieces are moving into place. We live in interesting times!
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    Russian naval flotilla docks in Syria! 
    DAMASCUS - Agence France-Presse
    A large Russian naval flotilla led by an aircraft carrier has docked in the Syrian port of Tartus in what Damascus state media hailed on Sunday as a show of solidarity by close ally Moscow.
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    The six-day port call by the carrier group in the Mediterranean port where Russia has a recently expanded naval base is intended to boost ties at a time when President Bashar al-Assad’s government is under mounting Western and Arab pressure over its bloody crackdown on dissent, the Syrian press said.
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    “The port call is aimed at bringing the two countries closer together and strengthening their ties of friendship,” the official SANA news agency quoted a Russian naval officer it named as Yakushin Vladimir Anatolievich as saying.
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    “The commanders of the Russian naval vessels docked in Tartus took turns to express their solidarity with the Syrian people,” the news agency added. The governor of Tartus province, Atef al-Nadaf, paid tribute to the “honourable position adopted by Russia which has stood by the Syrian people.” The Al-Watan newspaper, which is privately owned but close to the government, reported last week that the carrier Admiral Kuznetsov was escorted by a large flotilla including submarines.
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    Despite strong Western criticism, Russia has stood by its Cold War ally in the face of a mounting international outcry over the death toll from security force efforts to crush nearly 10 months of anti-government protests. In October, Moscow joined Beijing in vetoing a Western-drafted UN Security Council resolution that would have threatened Damascus with “targeted measures” if it failed to rein in its security forces

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January 10, 2012 Posted by | EndTimes, GeoPolitics | , , , , , , , , , | Comments Off

Harley Schlanger: Meltdown of The Eurozone … Are We Heading Towards World War 3?!

January 10, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Comments Off

New Eurozone Fears as Banks Stash Cash at Record Levels!

  • The Illuminist plan is for a global economic, financial and monetary collapse leading to World War 3. The progression of this coming collapse appears to be: start in the PIIGS, spread to UK and the rest of Europe, Japan …. and finally USA. Asia will not be spared. China will tank as it relies mainly on exports.
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  • The Illuminists are lining up their forces in the Middle East for the start of their Satanic World War 3 Plan. Once the global collapse starts, World War 3 will just be 3-6 months away. They want a world war as a distraction from the economic woes and as a means of killing off their enemies ie. the sheeple. They want to lay the foundation of global chaos, economic collapse, social collapse, famine, violence, deaths, pestilence … global wars. All of these are to prepare the sheeple for the coming of the white horseman, the fake messiah, the Anti-Christ, the Bringer of false peace of Revelation 6. This man of the hour will arrive on the scene and bring about peace via a covenant (peace treaty) with many countries for 7 years!
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    New eurozone fears as banks stash cash at record levels! 
    By Simon Watkins And Dan Atkinson, http://www.thisismoney.co.uk/ 
    Banks in the eurozone are hoarding cash at record levels.
    Official figures from the European Central Bank showed that a massive 455.23billion euros (£375billion) was left on deposit at the bank at the end of last week, the highest level ever. Deposits have stood at an average level of less than 100billion euros over the past year, but have been increasing over recent days.
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    The cash deposits are seen as a key sign of fear among banks, which would rather keep cash at the ECB earning practically no interest than risk lending it to each other. The ECB’s governing council, which will meet in Frankfurt on Thursday, is expected to discuss the growing paralysis in the banking system as well as the mounting financial crisis in Hungary.
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    Although outside the eurozone, Hungary’s crisis is fuelling fears of a domino effect that might hit banks throughout the single currency region and beyond. The country is in urgent need of emergency loans from the International Monetary Fund, but the IMF has become unnerved by the unorthodox economic policies pursued by the government in Budapest, led by Prime Minister Viktor Orban.
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    Government bonds have been cut to junk status by credit rating agencies amid fears that Hungary may not be able to agree the terms for more emergency funding from the IMF and may default on its debts. Shares in Austrian banks, which have the biggest exposure to Hungary, fell sharply last week.
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    Italy’s banks are also major lenders to Hungary, and its largest, UniCredit, is already under intense pressure because of its plans to raise 7.5billion euros by issuing new shares. The cash is needed to meet capital targets set by the European Banking Authority that are designed to ensure Europe’s banks can weather a major crisis. UniCredit investors were unnerved by the plan and its shares slumped by a third last week.
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    … for more click here!

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January 10, 2012 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , , , | Comments Off

Borrowers Turn Lenders as Banks Tap Firms for Cash!

  • The western banking system has suffered a heart attack and the Illuminist central banks are trying desperately to revive it. It does not look like they are successful. All the liquidity injections, ‘free’ zero interest rate monies, have simply placed them on life support. You cannot solve a solvency problem with injections of liquidity. It is like pumping more blood into a heart that has stopped beating!
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  • Practically, all major western banks are bankrupt ! Is you money safe in these banks? I don’t think so. All western nations are also bankrupt. So, how are governments going to bailout these banks and their depositors? The Illuminist central banks will create massive gobs of money out of thin air to bail them out. Currency debasement is here and hyper-inflation is next. Got physical gold yet?
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    Borrowers turn lenders as banks tap firms for cash! 
    By Douwe Miedema | Reuters
    LONDON (Reuters) – Blue-chip names like Johnson & Johnson, Pfizerand Peugeotare among firms bailing out Europe’s ailing banks in a reversal of the established roles of clients and lenders. One source with knowledge of the so-called repo deals or short-term secured lending, said the two U.S. pharmaceutical groups and French carmaker were the latest to sign up for them.
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    Europe’s banks are struggling to secure the cash to fund their day-to-day business and have largely stopped lending to each other for fear Europe’s sovereign debt crisis could land any of their peers in trouble.
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    As a result a group of well-known, cash-rich companies with solid cash flows has stepped in the repo market, which provides a form of lending so far almost exclusively in use between banks, and between banks and central banks.
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    One market participant said in one key area of lending companies now accounted for 25 percent of these deals. Repos provide the new financiers with the strict guarantees they need before parting with their cash, answering worries that the crisis has weakened Europe’s banks to the extent that they might not be able to pay the money back.
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    “Companies in the past were … happy to deposit cash on an unsecured basis to a bank for an interest payment,” said Frank Reiss, who oversees some of the repo business at Euroclear, the Brussels-based settlement house owned by a group of banks.
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    “Now following the crisis, we have seen that companies are engaging in repos secured with collateral against the cash they are lending,” said Reiss. Euroclear is the largest administrator of repo trades in Europe.
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    … for more click here!

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January 10, 2012 Posted by | Economics | , , , , , , , , | Comments Off

CNN Admits on LIVE TV: They’re WORRIED About Ron Paul’s Success!!!

Western MSM !

January 10, 2012 Posted by | Social Trends | , , , , | Comments Off

   

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