Socio-Economics History Blog

Socio-Economics & History Commentary

Craig Hemke(aka Turd Ferguson): Economic Mayhem Coming for US!

  • Craig Hemke(aka Turd Ferguson): Economic Mayhem Coming for US! 
    by Greg Hunter’s USAWatchdog.com
    Financial expert Craig Hemke is founder of the popular website TFMetalsReport.com.  Hemke says, “We are all preparing for the end of the Keynesian experiment.  We are all in the same boat.  The Keynesian experiment means this idea that government can simply print money and go into greater and greater debt.  Increase the money supply year over year, and we are at a point where that is in the terminal phase. . . . It’s unsustainable, and we are preparing for what’s going to happen next.” Hemke goes by the name Turd Ferguson online, but don’t let the funny name fool you.  Hemke is a 25 year financial professional who managed wealth and traded securities before he started his website.  Hemke says what is accelerating the coming financial calamity is the Ukraine crisis.  Hemke contends, “This is simply not protecting the Kiev government.  First and foremost, this is about protecting the hegemony of the U.S. dollar as world reserve currency status.  Russia, and by extension, the Chinese, Indians Brazilians and the South Africans are moving toward the financial structure of the 21st century.  The U.S dollar was what it was in the 20th century and here in the early years of the 21st.  We are doing everything we can do to defend that. . . . The folly of this is the U.S., or the Obama Administration, falsely believes that we hold the cards in this.  The Russians and their allies are the ones who really do hold all the cards because they are our creditors.  Should Russia and China decide to offer an alternative world reserve currency, and at some point they will, when that happens, it’s going to be economic mayhem for the U.S and the West.”  Hemke goes on to say, “We are pushing this issue in Ukraine, and we are just speeding up that process.  Now, whether it’s intentional so they can create a boogie man to blame it all on, I don’t know, but we don’t hold any cards.”
    -
    When it all come crashing down, Hemke says, “I fear civil unrest.  Psychologists have done studies that in the first 24 hours in some type of disaster, everybody gets along pretty well and there is hope. . . . After three days, it’s full on anarchy and that, ultimately, is the direction we are headed.”  Hemke also points out, “We’ve beenable to control, if you will, inflation, but it’s not two percent like the Bureau of Labor Statistics wants you to believe.  It’s really closer to about 10% in the essential items that are all dollar based.  Rent, food, gasoline, health care, all that kind of stuff and people are just getting squeezed more and more.  When the U.S. finally loses its reserve currency status, all these extra dollars that have been printed are going to come washing back to our shores.  I don’t know if it will be hyperinflation, but it will be significant inflation.  It will get to the point where people simply can’t feed their families anymore.  I fear that level of civil unrest, and what comes after that, I am not certain.”  
    -
    read more!

end

August 20, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Alex Jones: Obama’s Martial Law Plan Revealed !

  • Published on Aug 18, 2014
    Alex Jones breaks down the plan to bring in martial law using a race war to bring everybody on board.

end

August 19, 2014 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , , , , | Leave a comment

Keiser Report: End of No-Alternative-To-Dollar Era!

  • Published on Aug 16, 2014
    In this episode of the Keiser Report, Max Keiser and Stacy Herbert note that as the Empire collapses, they’ve killed all the boogeymen and yet blood for oil has not helped create escape velocity. They also discuss what the return of humpback whales and great white sharks to the waters off Manhattan can tell us about the end of a monoculture in fiat currencies where the dollar has reigned supreme. In the second half, Max interviews Dr. Michael Hudson about the war machine, Judge Griesa’s ruling, super imperialism and the end of a 60 year cycle in which there was no alternative to the dollar.

end

August 19, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Leave a comment

Russia Seeks Safe Haven in Gold, Away From Dollar and Euro!

http://rt.com/business/180588-russia-central-bank-gold/

Click on image for article!

August 18, 2014 Posted by | Economics | , , , , , , , , , , , | Leave a comment

Dr Jim Willie: Russian Sanctions Hurt Europe Not Russia!

  • Published on Aug 15, 2014
    Dr. Jim joins me to discuss the turmoil in Ukraine for which Russia is being blamed. However sanctions against Russia have been toothless so far but Putin’s retaliation against Western agriculture will have major consequences for Europe and other Western countries including the US.

end

August 16, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Alex Jones: Will America Start World War Three?

  • Published on Aug 15, 2014
    Alex Jones discusses the military build up in Ukraine and what may happen because of it.

end

August 16, 2014 Posted by | Economics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Leading Economist: We Are Going To Go To War With Russia!

August 16, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

False Flag Warning: ISIS Dispatching Terrorists To The United States!

  • Published on Aug 14, 2014
    Get economic collapse news throughout the day visit http://x22report.com

    More news visit http://thepeoplesnewz.com
    Report date: 8.14.2014
    -
    The EU economy is falling apart, France, Italy, Spain, Germany and other countries are spiraling downward. Initial job claims are climbing once again. Gold is a save heaven, look at Ukraine, Gaza and Argentina. The Ferguson local police are now being replaced with FBI and federal authorities, get ready for martial law. US sending 600 troops to countries bordering Russia. Maliki steps down as prime minister. Islamic State is pushing the agenda for the central bankers/US government by reorganizing the middle east. Syria is now be implicated in working with the Islamic State. Former police commissioner says the Islamic State terrorist have been dispatched to the US or they are already in the country.
http://www.infowars.com/isis-domestic-terror-threat-created-by-cia-and-u-s-military/

Click on image for article!

ISIS_Terrorists-CIA_Criminals_In_Action

ISIS_Chief_CIA_Special_Agent_Abu_Bakr_al_Baghdadi_threatens_America

John McCain speaking with ISIS chief Abu Bakr Al-Baghdadi (aka Elliot Shimon, Jew) circled in red!

John McCain speaking with ISIS chief Abu Bakr Al-Baghdadi (aka Elliot Shimon, Jew) circled in red!

end

August 15, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Putin Says The Petrodollar Must Die, “The Dollar Monopoly In Energy Trade Is Damaging Russia’s Economy”!

http://voiceofrussia.com/2014_06_18/Putins-aide-proposes-anti-dollar-alliance-to-force-US-to-end-Ukraines-civil-war-8030/

Click on image for article!

  • The west will beat the drums of war even louder. The logical move for Putin is to destroy the dollar. The alternative is thermonuclear WW3. The reality is: both will happened ie. war and destruction of dollar. Because of its global monetary hegemony, the western Illuminati is able to finance wars without end, destroy nations financially, buy up the world, manipulate markets/prices, cause famine … etc. The chief expression of this hegemony is the dollar. Trillions of dollars are created out of thin air to finance the wars, the global hegemony of the west. The west will be even more desperate to start their WW3 now. The gloves are off.
    -
  • Putin Says The Petrodollar Must Die, “The Dollar Monopoly In Energy Trade Is Damaging Russia’s Economy”! 
    by Tyler Durden, http://www.zerohedge.com
    On one hand, despite initial weakness following Europe’s triple-dip red alert, futures declined only to surge higher after some headline or another out of Russia was again spun to suggest imminent Ukraine de-escalation (something which Russia whose only interest is to keep crude prices high, has absolutely zero interest in), perpetuating a rumor which was set off by a Russian media outlet tweet last week that has sent S&P futures over 50 higher in less than a week on… nothing.
    -
    On the other, Putin just said the following, which no matter how one spins it, shows precisely how Russia is inclined vis-a-vis future (un-de-counter) escalations.
    -
    * PUTIN SAYS RUSSIA SHOULD AIM TO SELL OIL AND GAS FOR ROUBLES GLOBALLY, AS DOLLAR MONOPOLY IN ENERGY TRADE IS DAMAGING ECONOMY
    -
    Reuters adds:
    President Vladimir Putin said on Thursday Russia should aim to sell its oil and gas for roubles globally because the dollar monopoly in energy trade was damaging Russia’s economy.
    -
    “We should act carefully. At the moment we are trying to agree with some countries to trade in national currencies,” Putin said during a visit to the Crimea region, which Moscow annexed from Ukraine earlier this year.
    -
    read more!

The_End_of_the_Dollar_Russia_China_attacks

end

August 14, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The US is Clearly Now Pushing Russia Towards War!

Build_up_to_WW3_US_pushing_Russia_into_World_War_3

  • The US is clearly now pushing Russia towards war! 
    by Chris Martenson, http://www.peakprosperity.com/ 
    Putin plays chess, the “markets” play Tic-Tac-Toe       
    The US is clearly now pushing Russia towards war. But if you read the signs correctly, Russia has been preparing for exactly this outcome for many years.
    -
    Out of several reasons that US power brokers specifically — but western power brokers more generally — are deeply unhappy with Russia right now is that Russia is committing a cardinal sin: it is openly, brazenly calling for an end to dollar dominance and has moved aggressively with China to achieve that aim.
    -
    No oil-rich country that has tried to move away from the dollar in the past twenty years has managed to do so without being attacked by the US, suffering a regime change, or being ruined by sanctions. In some cases, all three.
    -
    Not only has Russia managed to secure a string of heavy-duty bilateral trade and currency swap agreements over the past year, but they’ve done so despite ever-increasing threats and responses from the US and its allies. And frighteningly, the equity markets in the West are completely ignoring the nested set of risks that accompany these moves and countermoves by two geopolitical heavyweights, which range from punishing trade wars (already underway), to electronic warfare, to an actual shooting war.  

end

August 14, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , | 1 Comment

Are The Riots In Ferguson Part Of The U.S. Agenda For Martial Law?

  • Published on Aug 13, 2014
    Get economic collapse news throughout the day visit http://x22report.com

    More news visit http://thepeoplesnewz.com
    Report date: 8.13.2014
    -
    Greek economy continues to contract while piling on more debt. Japanese GDP plunges most on record. Retail sales are imploding, department stores drop the most. Mortgage apps once again decline, real estate is imploding. Russia making deals with BRICs nations to expand technology. Riots in Ferguson are getting worse and the police look more like military than police. The US Government now has the FBI involved and this could be fanning the flame for martial law.US is now hiding military assets in caves across Europe. Libya is continuing asking for international help and they are now going to the UN. More troops are flowing into Iraq event though President Obama promised no boots on the ground. Islamic State is pushing the agenda of attacking the US. Be prepared for a false flag.

end

August 14, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

World War III, Total Global Collapse & The Greatest Depression!

World War 3 is near?

World War 3 is near?

  • World War III, Total Global Collapse & The Greatest Depression! 
    by http://www.kingworldnews.com
    Today an outspoken hedge fund manager out of Hong Kong warned King World News about a coming horrifying global collapse, World War III, and the Greatest Depression.  William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also discussed the terrifying roadmap to World War III, why the war will be launched, and who will benefit.
    -
    Eric King:  “You mentioned earlier that a collapse similar to that of 2008 would usher in the mother of all Great Depressions.  Can you elaborate on that a bit?”
    -
    Kaye:  “I say the mother of all Great Depressions in large part because governments have already expended their ammunition.  They can’t bail everybody out as they did in 2008-9.  That’s just not an option any more….

    Kaye:  “Well, they already are taking us to war.  This is happening because economic conditions are far worse than governments are telling people.  The great lie of an economic recovery continues to be sold to people in the West by the shameful mainstream media and the politicians.
    ….
    Arguably they are already doing that.  All you have to do is look at these various conflicts around the world, many of which directly or indirectly involve the United States.  This is likely to intensify, and my concern as I look at the flashpoint in Ukraine and Russia is that the war could go nuclear.  At that point the world would enter a period where humanity could wipe itself off the face of the earth.”
    -
    read more!

end

August 13, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Roger Boyd: Global Financial System On Life Support!

August 13, 2014 Posted by | Economics | , , , , , , , , , , , | Leave a comment

Ebola, Civil Unrest, Open Borders And War As The Economy Collapses!

  • Published on Aug 11, 2014
    Get economic collapse news throughout the day visit http://x22report.com

    More news visit http://thepeoplesnewz.com
    Report date: 8.11.2014
    -
    The economies of Greece and Germany are now being blamed on the Russian food sanctions. Retail investors are now nervous and believe the market is about to crash. Riots are escalating in Ferguson St. Louis. Poland and UK business are hurting from the sanctions. Iraq is now in complete chaos, Maliki has been forced out and the US has warned Maliki to step aside. US/France is now shipping arms to the Kurds. The caliphate has begun. Islamic State is threatening the US with terror and the government officials have seen cities burning. Ebola can now be spread within 3 feet of someone.

end

August 12, 2014 Posted by | Economics, GeoPolitics, Medicine & Health | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

David Stockman Warns: “The Train Wreck Is Coming! All Hell Will Break Loose”!

Global economic and financial train wreck coming! Sep-Oct 2012?

  • “The Train Wreck Is Coming,” David Stockman Warns, “All Hell Will Break Loose”! 
    by Tyler Durden, http://www.zerohedge.com
    Submitted by David Stockman via Contra Corner blog,
    Transcript of David Stockman Interview on King World News 

    Eric King:  “David, the man who is counsel to big money around the world, Michael Belkin, just spoke with KWN and issued a dire warning for the financial markets.  I just wondered how you see things at this point with the Dow recently tumbling and everything that is happening across the globe?  What should we expect?”
    -
    Stockman“Well, the watchword at this point is stay out of harm’s way.  We are headed into a perfect storm of policy failures.  This is not simply a failure by the Fed, which has inflated this massive bubble and painted itself into a corner with no clue how to get out, but we are also seeing an absolute failure of American world dominance….
    -
    Our foreign policy is collapsing everywhere and yet the Washington war party keeps wanting to do more of the same.  This confrontation with Putin is utterly out of hand and unnecessary.  Now we have a trade war going that is going to ricochet through an already fragile European economy.

    -
    We hear today that Obama is considering going back into Iraq.  What is he thinking?  If you layer that on top of an already fragile financial bubble that is waiting to burst, I think we are in a zone of extreme danger.  It’s hard to predict whether this will be the big, destructive bear market that inevitably has to come, or simply just another dip that encourages the robots and the trained seals on Wall Street to buy for another move higher.  But one of these times we are going to have a big failure and I don’t think it’s too far down the road.
    -
    If you look at the stock market it has gone nearly straight up for the last 64 months.  If you look at the chart of the S&P 500 you can see that year after year the dips get shallower and more infrequent and that is not a healthy chart.  That is a sign of a market that is not discounting the actual real world future, but simply trading the word clouds and the liquidity that is being injected by not only our central bank, but central banks around the world.
    -
    The difficulty is that I don’t believe this central bank ‘act’ can be kept up.  We have had such tremendous expansions of balance sheets that even the central bankers are now beginning to second guess themselves, become divided among themselves, and begin to worry about how they get out of the corner they have painted themselves into.
    -
    So those are the factors that will ultimately cause a major collapse.  It’s just a question of when the black swan comes flying in, or when the confidence in this whole central banking illusion finally breaks down in the markets.”
    -
    read more!

Illuminist_banksters_creating_money_out_of_nothing_lending_n_charging_interest

FedRes_ATM_Dollars_being_printed

end

August 12, 2014 Posted by | Economics | , , , , , , , , , , , , , , , , | Leave a comment

Follow

Get every new post delivered to your Inbox.

Join 827 other followers