Socio-Economics History Blog

Socio-Economics & History Commentary

James Rickards: Next Crash Exponentially Larger than Any Financial Panic in History!

  • James Rickards-Next Crash Exponentially Larger than Any Financial Panic in History! 
    by Greg Hunter’s USAWatchdog.com   (Early Sunday Release) 
    Best-selling author and financial expert James Rickards contends a big financial crash is locked in.  Rickards says, “Everyone is waiting for some blunder down the road, and the point I try to make is the blunders have already been made.  The blunders have already been built into the system.  You can see this collapse coming a mile away. . . . Using science, we can’t say very much about the timing, but we can say a lot about the magnitude.  This will be the greatest financial collapse in history.  I am quite sure about that, but I am not sure about the timing. . . . People think I can call them up at 3 o’clock in the afternoon and tell them tomorrow’s that day, sell your stocks and buy some gold. I can’t do that. I don’t know what day it will be.  If we get to that point, it would be too late to act.  So, the time to act is now.” Rickards goes on to say, “On top of the threats from Ebola, the Islamic State, the normal currency wars and the normal depression the world is in, there is financial war going on right now.  We put sanctions on Russia.  Do you think Russia is going to sit there and take it?  Russia is responding asymmetrically through cyber warfare.”
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    Rickards says in the coming crash, it is going to be very difficult to turn your assets into spendable cash.  Rickards explains, “People think everything is money.  People think your stocks are money because you can sell them and get the cash in your account in a couple of days.  People think your money market funds are money because you can call your broker and get the cash in your bank account tomorrow.  You think your house is money because you can take a second mortgage or sell your house.  What you find out in a panic is all those things are not money.  You are locked in, locked down and the only thing that is money is money.  That would be cash, if you happen to have it or gold or silver in physical form, not paper gold.  So, people don’t understand what money really is until everyone wants their money back.  That’s when you find out only a small number of things are actually money.”
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    read more!

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

Dr. Jim Willie: China Will Use Gold and Gold Pricing to Force Global Currency Reset!

  • China will use gold and gold pricing to force global currency reset! 
    by Kenneth Schortgen Jr, http://www.examiner.com/ 
    On Sept. 30, statistician and economist Dr. Jim Willie was a guest on the Caravan to Midnight radio show to talk about current financial, economic, and geo-political events. During his three hour interview, Dr. Willie stated that one of the purposes behind China‘s creation of the new Shanghai gold exchange is to eventually take over global price controls for the monetary metal away from the Comex, and then force a global currency reset by raising the price of gold to its true or actual value.
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    The way this will come about in the near future according to Dr. Willie, is that China will re-price gold to near or above twice the current price, which will have a devastating effect on derivatives and ongoing use of the Comex futures market to suppress gold prices, and protect the dollar. And based upon supply details for the Comex over the past two years, America’s primary gold exchange no longer settles their contracts through the delivery of physical gold, but instead settles in cash payments or through the hedging of gold using derivatives. Subsequently, once this failure to deliver takes place, then China, through the Shanghai gold exchange, will become the default market for price discovery, and at that point will re-adjust gold to its true value, instantly causing massive chaos in the fiat currency markets and leaving the world little alternative but to implement a complete currency reset.
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    read more!

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October 13, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Dr. Jim Willie: “They Know The Chaos Is Coming”!

  • Dr. Jim Willie: “They Know The Chaos Is Coming”! 
    by Live Free or Die and Susan Duclos, http://www.allnewspipeline.com/ 
    Dr. Jim Willie joined Live Free or Die and I for an exclusive interview, in which Dr. Willie warns us of a planned launch of a ‘new dollar’ that will be ‘blood red’, the extreme wreckage of our current financial system brought on by the ‘satanic’ banking cabal, the chaos coming to America in 3 separate areas and much more.
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    The West, meaning London, NY and western Europe will lose control and we are going to see the dollar rise, rise more…. then “die suddenly.” Dr. Willie also talks about the collapse of financial instruments, how the west is lowering the price of oil to “damage Russia,” how the Ukraine war comes into play, and how ultimately China will double gold prices and triple silver prices.
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    At approximately the 21 minute mark, Dr. Willie addresses what all this will mean to the average American, describing how pensions will be affected, those living off of any welfare program will see their benefits cut in half, food and gas shortages, lack of cash at ATMs, as well as how police across America have been militarized in preparation for the fallout because “they know the chaos is coming.”
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    He explains how the gradual growing global rejection of the USDollar for trade will alter the banking systems, force the Fed into a huge volume increase in their bond purchase program to cover what foreign nations discard and diversify from USTreasurys. The end result will be refusal by foreign suppliers to accept over-valued USDollars in exchange for both finished goods and raw materials, even crude oil. The US import supply chain is soon to be threatened. Thus the motive and pressure will be fierce to create a new domestic dollar, the birth of the New Scheiss Dollar, which will suffer a series of devaluations.
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    The show is jam packed with information and is a must see in order to understand what is coming, how we got here and where we are going.
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    Dr. Jim Willie is Editor of Hat Trick Letter and Founder of GoldenJackass.com 

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October 11, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: The Economic ENDGAME Has Arrived ! Economic Collapse, Gold & Silver Revaluation, HAARP Weather Warfare …

  • “… I am not looking forward to the consequence of the new Scheisse (German for shit) dollar. It’s gonna have its Satanic symbols to be sure. Just like the one dollar bill has. The pyramid with the eye is a Masonic Satanist symbol. There are more symbols in there like the 13 bricks … of the 13 Houses of Masons. They like to get their symbols in front of your faces and tell you that they don’t mean anything while they smile with each other. We’ve got Satanism laced with the entire US government and banking system and energy industry! …” - Quote 49:15 onwards
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  • Published on Oct 9, 2014
    IN THIS INTERVIEW:

    - The U.S. dollar is dying ►0:55
    - ZIRP and QE to infinity is inevitable ►5:04
    - Fed “taper” is a lie ►9:12
    - Systemic failure ahead ►14:37
    - Logical conclusion: rejection of U.S. dollar ►18:23
    - How would a “Gold Trade Standard” impact the global banking system? ►22:11
    - Why did gold and silver prices fall in the last couple weeks? ►39:44 
The Satanic capstone, the Anti-Christ, on your dollar bill !

The Satanic capstone, the Anti-Christ, on your dollar bill !

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October 10, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Key Fracture Points that Will Break EU & Collapse the Dollar!

October 9, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Rickards: Obama’s Abandoning The Saudis For Iran and Dooming The Petrodollar!

  • Jim Rickards: Obama’s Abandoning The Saudis For Iran and Dooming The Petrodollar! 
    by http://etfdailynews.com/
    Alex Daley: I sat down with Jim Rickards, author of many best-selling economics and investing books, including his latest, titled The Death of Money.
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    In this exclusive interview, Jim shares his view on the changes in US foreign policy—the newly announced partnership with Iran to help fight ISIS and recent moves away from the petrodollar deal with Saudi Arabia—and what they mean for the dollar, gold, and investment markets in general.
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    This interview just scratches the surface of the topics Jim covered in his speech at the most recent Casey Research Summit in San Antonio.

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October 8, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , | Leave a comment

Jim Willie: Market Shock And Awe Coming as Gold Repricing in Works by China!

  • “The Cabal  … (is) bringing out some of their ugliest weapons right now. Like war in Ukraine … They’re also bringing out their viruses which is one of my biggest concerns as I stated for a long time. (Sandhu: You mean like Ebola?) Yeah and people need to realize that this is a fabricated virus … a fabricated laboratory based virus. That’s a new improved virus as a weapon … and the patent is owned by the Atlanta Center for Disease Control!” - Quote from 0:45 seconds onwards (emphasis mine)
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  • Published on Oct 6, 2014
    Dr. Jim Willie Editor of The Hat Trick Letter joins me to discuss big developments waiting in the wings for the US and Global Economy especially in regards to the repricing of Gold and Silver as alternatives to the US dollars System that currently dominates world trade.

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    Dr. Willie website: http://www.goldenjackass.com
    Paul Sandhu website: http://www.signsoftheend.com

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October 7, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The US Dollar Is About To Inflict Carnage All Around The Planet !

China_vs_US_currency_war

  • The western Illuminati will never allow its global monetary hegemony to be attacked without a fight. The main component of it, is the world reserve currency the US dollar. The western Illuminati’s plan, IMO, is to trigger a global currency meltdown, with the US dollar the last fiat currency standing before it is also abandoned. Then the western Illuminati will introduce their One World Currency backed by gold and Global Supra-National Central Bank under their control –> ‘666’! The path towards this endgame is via the Satanic WW3.
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  • The US Dollar Is About To Inflict Carnage All Around The Planet! 
    by Raul Ilargi Meijer via The Automatic Earth blog 
    As I watch the euro losing another 1.3% against the dollar today, it’s now at $1.25, and down from close to $1.40 recently, it’s getting clearer all the time: the greenback is busy eating currencies and economies alive.
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    There is of course the fact that Abenomics in Japan is living up to its longstanding promise of utter failure. And there is Mario Draghi torn between two lovers, one the one hand the Germany/Austria camp – with France as a surprise third – who don’t want the ECB to buy up junk paper, and on the other hand those EU members whose sole road to survival inside the EU is for Draghi to buy up anything that even looks like it was once toilet paper.
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    But Japan and Europe have been in the economic doghouse for a long time. It wasn’t until the Fed pulled the trigger on the dollar steamroller that they started paying the real price for it.
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    Japan, at least as long as it chooses to cling to the growth fairy, has nowhere to turn but to something in the vein of Abenomics, i.e. huge money and credit expansion. But it’s not the money supply, no matter how it’s defined, that is the problem, it’s that people refuse to spend. And if people don’t spend, no government or central banks has a way to boost inflation. Why they should want to in the first place is another question.
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    Europe has the added problem of disagreement on how to escape the walls that are closing in. And the more they close in, the less comfortable the shared living space on the old continent becomes. With a bit of imagination, you can see different people, different cultures, different languages, and different economies, all forced to live in the same ever shrinking – economic -space.
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    There’s less of everything to go around, and no-one wants to give up what’s theirs. Still, at the same time we already saw that two-thirds of Greeks live at or below the poverty line, and that Naples is even worse than Greece. Where do you personally think that will go? With a dollar that is set to make lots of things, not the least of which is oil and gas, more expensive?
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    read more!

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October 7, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a comment

Rob Kirby: Dollar Going Supernova Then Black!

  • “What they are looking to do is create a diversion where they can pose themselves as the savior.  People refer to it as problem, reaction, solution.  They create a false flag to create a diversion of the underlying real problem, which is the debasement of the currency, and then they pose as the saviors or the Johnny-on-the-spot with the solution to the false flag that has been manufactured. Through this process, people tend to lose their civil liberties and their freedoms and their ability to be an opposition of any kind.” “ - Quote
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  • Rob Kirby: Dollar Going Supernova Then Black! 
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Derivative and gold expert Rob Kirby says the U.S. looks a lot like the run up to the fall of Rome more than 1,500 years ago.  Kirby explains, “The parallels with what we are experiencing today are so clear and so much like what was happening in Rome as Rome was falling.  Diversions were the way of the day, anything to divert people’s attention from the undermining of the empire.  It was largely a financial debasement.  Rome fell when they debased the currency.  That’s the major factor behind the fall of the Roman Empire.  It was the debasement of the currency, and we are seeing the same thing today.  What’s at the heart of all these issues?  What’s at the heart of all the trouble in the world right now?  The world’s reserve currency has been debased to the point that it is going to go supernova.  This is the whole illusion behind the strength of the dollar.  The dollar isn’t getting stronger, just like stars aren’t going to have longevity when they go supernova.  They get brighter and you might think the star is getting more viable when, in reality, the notion of it getting really bright before it goes supernova is exactly the opposite of the illusion of it getting brighter.  It’s what happens just before it goes black and dies.”
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    When will the powers that be pull the plug?  Kirby says, “They won’t willingly pull the plug.  What they are looking to do is create a diversion where they can pose themselves as the savior.  People refer to it as problem, reaction, solution.  They create a false flag to create a diversion of the underlying real problem, which is the debasement of the currency, and then they pose as the saviors or the Johnny-on-the-spot with the solution to the false flag that has been manufactured. Through this process, people tend to lose their civil liberties and their freedoms and their ability to be an opposition of any kind.”

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    On gold and silver prices, Kirby knows the prices are heading up despite the recent knock down in prices for both metals.  Why is he so bullish?  Kirby says, “The reason I say this is because I know people that are in the business of procuring (physical gold and silver) massive amounts with mega money behind them in the physical market, and I know these people are still accumulating everything they can lay their hands on.  They can’t lay their hands on enough (metal) to satiate the resources they have to work in that area.  Their ability to acquire physical metal is becoming harder and harder and harder as time goes on.  This is in spite of paper prices being knocked down.  It is in spite of business networks in the mainstream media . . . erroneously report that people want less physical bullion, and that’s why the price is going down.  That is a lie.  The reality is people who are in the market for physical metal can’t get enough.  It is being misreported, and we are being sold a bill of goods by our mainstream media.   The mainstream media is in bed with the ruling elites.  At the end of the day, physical metal will trump the paper.”
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    read more!

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October 6, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , | Leave a comment

Dr. Jim Willie: War And More Wars to Defend the Dollar!

October 4, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

“V” The Guerrilla Economist: “The Big One Is Coming”!

  • Published on Sep 27, 2014
    An ANP Exclusive Interview with “V The Guerrilla Economist”

    (Note- The last portion of the interview had some sound issues, even after everyone rebooted and reconnected, but the meat and potatoes of the interview was in the first 25 minutes and clear as can be. The article that will be linked here explains what was said at the end)
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  • “The Big One Is Coming” – V The Guerrilla Economist Exclusive
    by Live Free or Die and Susan Duclos,  http://www.allnewspipeline.com/
    For all of our readers and listeners who have been waiting for an update from ‘V the Guerrilla Economist’, Live Free or Die and myself had the opportunity Friday night to interview the man who has been WAY ahead of the game for a long time now, his warnings and predictions eerily accurate, and what he shared with us is the kind of information that we have all been waiting for.
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    “V” begins by updating us on recent information that he has received from his 4-Star General source and warns that events are still on schedule, a schedule that he previously warned would leave the US dollar ‘undermined’ by 2015 and the US ceasing to exist as a nation by 2017. While millions of Americans believe that ‘those running the show’ are bumbling and stumbling idiots, “V” refutes that argument by telling us that for them, things are going exactly according to plans.
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    The process of undermining the US dollar is well on schedule as well; more than 105 countries have decided that the dollar no longer works for them, joining Russia, China and other BRICS nations in leaving the dollar as the entire world comes to the realization that America’s leaders are insane. Their recklessness and evil ways have left tremendous shame upon our nation.
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    Though there has been much manipulation and propping up, but that is only setting us up for the inevitable ‘massive crash’. They’re getting ready to ‘bring in the chaos’ we are warned, as well as informing us “the big one is coming,” and before they are done, a ‘Mad Max’/’Road Warrior’ scenario isn’t totally out of the picture. Between bio-weapons unleashed upon America after the collapse that may leave 25 million Americans dead within days, “V” moves on to the signs that we should be looking for as the end comes closer.
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    In the portion where “V” describes his interactions with the General, we get a very clear, disturbing glimpse into how the US Government plans to deal with the “chaos” that is coming and it will chill you to the bone as he describes what was asked of, and offered to the General, and the General’s visceral reaction.
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    (Note- Towards the end of the Skype interview sounds issues developed and despite everybody rebooting and reconnecting. those issues continued until we had to call a halt, but we are assured that V will return for another, soon)

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September 29, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

John Rubino: Ahead – Global Financial Collapse! (Part 1)

  • Published on Sep 25, 2014
    IN THIS INTERVIEW:

    - Is Citigroup the Dumbest Bank Ever?* ►1:08
    - What happens to you if the “Too Big Too Fail” don’t get bailed out? ►5:59
    - Global financial collapse ahead if bail-outs continue – own gold and silver! ►9:04
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    * Article by John Rubino ►http://dollarcollapse.com/banking/is-… 

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September 27, 2014 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

The Death of King Dollar – Documentary

September 27, 2014 Posted by | Economics, History | , , , , , , , , , , | 1 Comment

Peter Schiff: Biggest Crisis Ever Looms!

  • Published on Sep 26, 2014
    This year has seen plenty of political turmoil – the waves of instability seem to do little to the world’s economy. Will that remain so for long? And if not – is there an another crisis looming, like the one that left thousands if not millions helpless and in poverty in 2008? And, finally, what does tomorrow hold for dollar? We ask these questions to leading financial analyst and CEO of Euro Pacific Capital Peter Schiff.

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September 27, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , | Leave a comment

Bankrupt U.S. Launches Yet Another Unconstitutional War!

  • Published on Sep 23, 2014
    http://ftmdaily.com/ftm-radio-show/ba… 

    On this week podcast, Jerry Robinson discusses the unconstitutionality of Obama’s war against ISIS. But first, an interview with Tom Cloud about the latest action in the gold and silver markets.

Obama-letmebeclear-we_are_going_to_War_against_ISIS_whom_we_funded_armed_n_financed

Obama_bin_Laden_Invade_Syria_to_Attack_ISIS_CIA

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September 26, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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