Socio-Economics History Blog

Socio-Economics & History Commentary

The Entire Financial System of the Transatlantic Sector, Meaning the United States and Europe, is Hopelessly Bankrupt!

WarrenBuffet-Financial_Derivatives_r_WMD_n_time_bombs_for_the_economic_system

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September 10, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , | Leave a comment

Global Financial Market MELTDOWN as Bankers Lose Control !

September 9, 2014 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

On The Brink Of A Major Crisis: “This Will Be A Literal Collapse of the Entire Global Monetary System”!

Global economic, financial and currency Armageddon coming!

Global economic, financial and currency Armageddon coming!

  • On The Brink Of A Major Crisis: “This Will Be A Literal Collapse of the Entire Global Monetary System”! 
    by Mac Slavo,  September 5th, 2014, SHTFplan.com 
    Discussions of the possible collapse of the U.S. dollar often center around how such an event will affect the domestic economy. But the dollar doesn’t just operate inside of a bubble. It is the world’s reserve currency for a reason. Some sixty-six countries world-wide either utilize it as their primary currency or peg their own currencies to its exchange rate. What this means, as noted by Future Money Trends in the micro documentary below, is that if and when the dollar does come under attack the fallout will be everywhere. The collapse will happen simultaneously and affect billions of people worldwide.
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    This is 33% of the nations of the world all submitting their currency sovereignty to the US Federal Reserve.
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    If and when the U.S. loses its currency status this will be a literal collapse of the entire global monetary system… A system that is built on lies, fraud and theft.
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    As you might have guessed, when the game is finally up it will wreak havoc across global economies, financial markets and monetary systems. Should that ever happen, those who have failed to exchange their fiat currencies for physical goods of some sort are going to have a rude awakening.
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    As preparation for a currency collapse of unprecedented magnitude, contrarian economists and analysts recommend acquiring physical assets ahead of time. Because after the ‘event,’ it will be too late for the majority, as their dollars become nearly worthless and the cost of essential goods like food and energy skyrocket to nearly unnatainable levels as priced in dollars.
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    We have seen it time and again throughout recent history. Germany’s Weimar Republic, Hungary, Zimbabwe and most recently Argentina, have all experienced currency collapses. And in all instances one asset has stood the test of time and become the currency of choice when traditional systems of commerce collapsed.
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    read more!

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

50 Million Americans Struggle With Food Insecurity!

ALIVE Food Bank Distribution in Alexandria Virginia.

ALIVE Food Bank Distribution in Alexandria Virginia.

  • 50 million Americans struggle with food insecurity! 
    by http://www.presstv.com/ 
    Critics and anti-poverty advocates are questioning the so-called economic recovery as a USDA study published Wednesday revealed that while the nation’s wealthiest enjoyed record gains, nearly 50 million Americans continue to struggled with food insecurity in 2013.
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    According to the government figures, while a majority of people who were not always able to afford food last year were adults, 16 million children also went hungry at times, with 360,000 households reporting that their kids skipped meals or did not eat for an entire day because there was not enough money.
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    Joel Berg, executive director of the NYC Coalition Against Hunger, said the country’s widespread hunger problem is deeply connected to the government’s pro-corporation, anti-worker policies.
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    “A country that combines massive hunger with record Wall Street markets is so derailed we can’t even find our tracks anymore,” Berg said. “These startling numbers prove there has been no true economic recovery for tens of millions of struggling US families.”
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    Overall, food insecurity is 35 percent higher than in 2007, before the recession began. In 2013, the average food-secure household spent 30 percent more on food than the average food-insecure household of the same size.
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    “Too many people at the top don’t understand the difference between Wall Street and Main Street,” Berg told Common Dreams. Corporations resettling overseas to avoid paying higher taxes in the US—as exemplified by Burger King’s recent merger with Canadian food chain Tim Horton’s—is “supremely unpatriotic,” Berg said. Asked whether government officials are willfully ignoring hunger statistics, Berg said, simply and emphatically, “Yes.”
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    The research comes shortly after the Harvard School of Public Health released a study showing that the healthy diet gap between rich and poor Americans doubled between 1999 and 2010. That study, published earlier this week, found that differences in diet are directly related to both cost and access, as low-income people are more likely to live in “food deserts” — areas that have few to no grocery stores selling healthy produce, forcing families who cannot afford to travel outside of their neighborhoods to rely on corner stores selling boxed and processed food.
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    read more!

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September 6, 2014 Posted by | Economics | , , , , | Leave a comment

Labor Participation Rate Drops To Lowest Since 1978; People Not In Labor Force Rise To Record 92.3 Million!

  • Labor Participation Rate Drops To Lowest Since 1978; People Not In Labor Force Rise To Record 92.3 Million! 
    by Tyler Durden, http://www.zerohedge.com
    It is almost as if the Fed warned us this would happen. In a note released yesterday, a Fed working paper titled “Labor Force Participation: Recent Developments and Future Prospects“, looked at the US labor force and concluded that “while we see some of the current low level of the participation rate as indicative of labor market slack, we do not expect the participation rate to show a substantial increase from current levels as labor market conditions continue to improve.” But don’t blame it on the greatest recession/depression since 1929: “our overall assessment is that much – but not all – of the decline in the labor force participation rate since 2007 is structural in nature.”
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    Well that’s very odd, because it was only two months ago that the Census wrote the following: “Many older workers managed to stay employed during the recession; in fact, the population in age groups 65 and over were the only ones not to see a decline in the employment share from 2005 to 2010 (Figure 3-25)… Remaining employed and delaying retirement was one way of lessening the impact of the stock market decline and subsequent loss in retirement savings.”
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    read more!

US_Government_Economic_Statistics_Snake_Oil

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September 6, 2014 Posted by | Economics | , , , , , , , | Leave a comment

In Shocking Move, ECB Cuts By 10 Bps, Sends Deposit Rate Further Into Negative Territory!

Super_mario_draghi_going_for_breakfast

  • Recovery! Recovery! The economy is doing magnificently. Believe! Believe!
  • In Shocking Move, ECB Cuts By 10 Bps, Sends Deposit Rate Further Into Negative Territory! 
    by Tyler Durden, http://www.zerohedge.com
    While everyone was expecting Mario Draghi to announce ABS purchases, few if any had expected the ECB to also cut rates. Which it just did whacking its corridor rates across the board by 10 bps, in the process sending the Deposit Facility rate even further into negative territory, now down at -0.2%. From the ECB’s monetary policy decision
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    At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
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    * The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.
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    read more!
We will all be trillionaires but can't afford breakfast !

We will all be trillionaires but can’t afford breakfast !

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September 4, 2014 Posted by | Economics | , , , , , , | Leave a comment

Will The Missing Libyan Jetliners Be Used For The False Flag Event ?

  • Published on Sep 3, 2014
    Get economic collapse news throughout the day visit http://x22report.com

    More news visit http://thepeoplesnewz.com
    Report date: 9.03.2014
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    July factory orders soared, but if you take away airliner purchases it really dropped by .8%. The Housing markets is continuing to collapse, loan requests which is an indicator of how the housing market is doing dropped 1.5%. Billionaires are now preparing for the stock market crash. France postponed the delivery of the Mistral ships to Russia due to the Ukrainian crisis. Putin proposes a cease fire plan, President Obama and Yatsenyuk call for more war. US lawmakers preparing a bill to go after terrorist no matter where they are. Libya has fallen and now jetliners are missing. Some officials say that these jetliners might be used on the anniversary of 9/11. Be prepared for a false flag.

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

Debt, Vaccines and Food as a Weapon: When International Aid is Used for Population Control !

kissinger-depopulation-highest-priority_of_foreign_policy_towards_third_world

Kissinger-Control_oil_and_you_control_nations_control_food_and_you_control_the_people

http://www.addictedtowar.com/docs/The.War.Against.the.Third.World.pdf

Click on image to goto the free pdf book!

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September 3, 2014 Posted by | Economics, Social Trends, GeoPolitics, Medicine & Health | , , , , , , , , , , | Leave a comment

Paul Craig Roberts: Elites Are Insane! Their Plan for the World and What is Coming!

http://www.infowars.com/as-threat-of-nuclear-war-grows-publics-attention-turns-to-justin-bieber/

Click on image for article!

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September 3, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , | 1 Comment

False Flag Warning: Expert Reports ‘Imminent’ ISIS Threat To The U.S. Power Grid !

  • Published on Sep 1, 2014
    Get economic collapse news throughout the day visit http://x22report.com

    More news visit http://thepeoplesnewz.com
    Report date: 9.01.2014
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    UK shocked as manufacturing growth has ended. Germany’s GDP has fallen by 0.2%. Europe is suffering from a decline in factory orders. Ecuador looking to replace the dollar with a digital currency. Facebook posts could get you on the US Government terrorists watch list. Ebola breakouts seems to coincide with new oil discoveries in West Africa. Dutch government will not release the voice recording. The Islamic State might have the ability to bring down the power grid in the US according to an expert. The central bankers/US Government have been pushing propaganda warning about the Islamic State terrorist attacks. We know its a false flag event. We know this will be an inside job to get the country into WWIII.

ISIS_Chief_Abu_Bakr_al_Baghdadi_pronounce_6curses_on_America

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September 2, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

John Williams: No Bank Bail-Ins, Inflation Instead?

  • John Williams-No Bank Bail-ins-Inflation Instead ! 
    by Greg Hunter’s USAWatchdog.com
    Economist John Williams says forget all the happy talk about the improving economy.  Williams says “The economy is in severe trouble.”  Williams goes on to say, “When you see a contraction as we had in the first quarter, given all the upside biases that the government puts into the series, you know the economy is in serious trouble.  The second quarter was reported at 4% (GDP).  They revised it up to 4.2%.  That is not much of a revision, and it is barely significant when you consider there is a margin of error plus or minus three and a half percentage points.  Early numbers we have seen on the third quarter suggests that the third quarter is going to be weaker.  The numbers for the second quarter . . . do not support 4% growth.  There is no way that is happening.”
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    With the mid-term election coming in November, can the government fake good numbers on the economy?  Williams says, “They certainly could keep the numbers positive until Election Day.  I would expect they will do that, although I don’t think that is reality.  In fact, I know that is not reality. . . . Corrected for the bad inflation adjustment, the economy has plunged.  It’s been bottom bouncing, and now it is turning down again. . . .  The surprise here for the markets is the economy is not recovering.  With that surprise, there are all sorts of nasty side effects. . . . The banks are in greater trouble than people think. . . . The budget deficit is going to be a lot worse than publicized. . . . There is going to be a lot of bad news that will be a direct result of the economy not recovering as advertised.”
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    On unemployment and the Obama Administration’s recent claim of creating “nearly 10 million new jobs in the last four and a half years,” Williams says, “If we were to go back to the levels before the recession, we would need at least 11 million new jobs.  That’s 11 million more than we have now. . . . We are in serious trouble here.”   You heard correct, the U.S. needs 11 million more jobs just to get back to the pre-2008 crash levels. . . . We are still losing jobs in this economic picture.  That’s what the numbers are showing despite all the happy hype you get in the popular media.”
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    Williams is forecasting a possible dollar sell-off by the end of 2014.  Williams predicts this will trigger the beginning of hyperinflation.  Are we on track for this prediction?  Williams contends, “Everything the Fed has been doing to pump this extraordinary amount of liquidity into the system since the panic of 2008 has been aimed at propping up the banks. . . .  The banks are still in trouble.  From here on in, it’s going to get worse, and as it does, the Fed is going to have to pump more liquidity into the system. . . . They will use the poor economy as a political shield.   As the economy turns down . . .  the Fed has to do more, and all these factors will come together in a great confluence, and that will give us selling pressure in the U.S. dollar.  With this selling pressure, there will be upside pressure on commodity prices, and that will be the early trigger for hyperinflation.”
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    read more!

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September 2, 2014 Posted by | Economics | , , , , , , , , , , , , , , , , | Leave a comment

Dr. Jim Willie: End of Petrodollar! Germany & France Aligning With BRICS Alliance & Abandoning NATO?

  • Interviewed on 31 Aug 2014. Published on Sep 1, 2014
    Dr. Jim Willie joins me to present some important recent developments that bode ill for the dollar as Germany / France and other former allies and partners of the US are now aligning themselves with Russia / China and the BRICS bloc.

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September 2, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: US Plans to Blame Russia for Coming Dollar Collapse!

www.goldenjackass.com

Click on image to play interview on Labor Day 2014 MP3 file!

  • Jim Willie: US Plans to Blame Russia for Coming Dollar Collapse! 
    by http://www.silverdoctors.com/ 
    Jim Willie joined TFMetalsReport this weekend for a special holiday podcast.   In this excellent report from the Hat Trick Letter editor, Willie discusses:
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    This week’s announcement by Gazprom that they will begin accepting payment in rubles and yuan
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    The escalation of US and EU sanctions against Russia and how they are failing/backfiring
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    Willie explains the US’ motives for provoking Russia via Ukraine: To entice Russia to prematurely move to place the Ruble into a reserve currency status, and ultimately, to blame Putin/Russia for the coming US dollar collapse!
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    The growing isolation of the US as a economic superpower
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    The eventual emergence of a new global currency regime & collapse of the dollar
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    60 full MUST LISTEN minutes of Pure Golden Jackass are above!

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September 1, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

MH370 & ISIS 9/11/14 False Flags Alert!

  • Published on Aug 30, 2014
    False Flag Alert of September 11, 2014:

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    As the US Government and it’s criminal Representatives in Congress and the mockingbird media set up ISIS as the new “all-powerful” Boogeyman to be feared, Lt. General McInerney says, “We May Not Have Seen the Last of Flight 370″ and that we should go to DEFCON 1. Astoundingly, he claims we might see MH370 re-emerge on 9/11/2014! Meanwhile, Mike Honda, a criminal Democrat from California has introduced a Bill to BAN Americans from buying or owning body armor. As I detail at 23:40 in this interview, we see FALSE FLAG operations again and again, with the underwear bomber, on 7/7 in London, and on 9/11 to name just a few recent examples. Beware of the very real possibility of yet another False Flag event in the days, weeks and months ahead.
http://www.breitbart.com/Breitbart-TV/2014/08/23/General-Mcinerney-Warns-Of-Possible-9-11-14-Coming

Click on image for article!

Alert_Condition_Red_false_flag_operations

CIA_PsyOps_Deception_William_Colby_Casey_James_Angleton

http://en.ria.ru/world/20140818/192117455/US-Intelligence-Committee-Head-Says-US-in-Greater-Danger-Than.html

Click on image for article!

http://www.infowars.com/feinstein-says-isis-will-attack-in-our-backyard/

Click on image for article!

http://www.wnd.com/2014/03/top-general-heres-where-to-look-for-missing-jet/

Click on image for article!

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September 1, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , | Leave a comment

Fritz Springmeier: The Illuminati Elites Treat The World Like Their Own Playground !

  • Published on Aug 28, 2014
    Alex Jones talks with Illuminati expert Fritz Springmeier about the Illuminati.

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August 30, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , | Leave a comment

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