Socio-Economics History Blog

Socio-Economics & History Commentary

UN Source: Early 2015 Series Of Shocks Coming! Email Warns Of MREs Going Underground!

  • MRE stands for Meal Ready to Eat ie. Combat Rations!
  • UN Source: Early 2015 Series Of Shocks Coming! Email Warns Of MREs Going Underground! 
    by Live Free or Die, http://www.allnewspipeline.com/ 
    All News Pipeline was recently sent an email from a confidential source whose warning to us aligns well with the new video report below from John Moore, whose United Nations source has warned him of a ‘series of shocks’ to take place beginning in early 2015 that will cause great damage to the US economy. John was told that several weeks after these shocks take place, a new plateau will be reached followed by another series of shocks in a long series with an end result of a 15% drop of the US GDP in 2 years.
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    With ANP’s source warning us that MRE’s are being ordered up by FEMA, the USDA and various states across America, we were also told that these orders of tremendous sizes are being shipped to underground locations, further confirming that the ‘elite’ and governments of the world are preparing for something HUGE!
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    read more!

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December 20, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , | 1 Comment

Gerald Celente: “Falling Off The Cliff” – The Elite Are Preparing, Are You?

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

British and Obama Push World War Through Economic Assault on Russia!

World War 3 is near?

World War 3 is near?

  • British and Obama Push World War Through Economic Assault on Russia! 
    by https://larouchepac.com/ , 17 Dec 2014 
    Download pdf 
    Lyndon LaRouche today blasted the British and President Obama, for bringing the world to the brink of general war, through their economic warfare actions against Russia. Russian officials from President Putin to Foreign Minister Lavrov have made clear that the sanctions and oil-price warfare against Russia are seen in Moscow as part of a regime-change drive that will not be tolerated. These actions put the world on the edge of thermonuclear extinction. LaRouche declared:
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    “These are not economic measures, these are acts of war and will be seen as such in Moscow.”
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    LaRouche added that the recent emergence of Jeb Bush as a possible Republican Party candidate for president in 2016 further adds to the war drive climate, declaring:

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    “We are seeing the reincarnation of Prescott Bush, the grandfather, who was a proven booster of Adolf Hitler and the Nazis, the mere idea of Jeb Bush being promoted, as a credible GOP candidate for president, intensifies the war danger greatly.”
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    LaRouche proposed several clear solutions to the British-Obama war provocations. First, LaRouche said, Russia must, without delay, adopt the “Mahathir solution” by imposing immediate capital controls, exchange controls, and other protective measures against the assault of currency speculators. Only by such emergency actions now can Russia defeat the financial warfare assault.
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    LaRouche emphasized that Russia and the world need a Hamiltonian credit system to defeat the power of the City of London-Wall Street oligarchy once and for all.
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    read more!

Illuminati_pyramid_organization

http://larouchepac.com/node/31493

Click on image for article!

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December 20, 2014 Posted by | GeoPolitics | , , , , , , , , , , , , , , , , , , , | 1 Comment

Stop WW3: Financial Warfare Against Russia Escalates Drive for General War!

World War 3 Coming Soon Nuclear Blast

  • Financial Warfare Against Russia Escalates Drive for General War! 
    by https://larouchepac.com/ 
    Open statements of economic warfare against Russia by top British and American officials have confirmed once again the recent charges by Russian Foreign Minister Sergey Lavrov that the sanctions against Russia and other measures of financial and economic warfare are part of a regime-change agenda coming from the West. Some Russian oligarchs are clearly playing into the British scenario by engaging in hyper-speculation against the ruble and flight capital.
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    Lavrov had an interview yesterday with France 24 TV and was direct and explicit about how his government is viewing the sanctions:
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    Q: So you’re not afraid that we could see an economic meltdown in Russia?
    Sergey Lavrov: Never. Economic meltdown could happen to a small country. It can happen even to a big country like Ukraine, and it’s basically almost there. Russia is doing whatever we can to help resolve the crisis in Ukraine–not to please the West, not to ask for sanctions relief, but because we are seriously concerned. Contrary to what the Europeans feel, we are seriously concerned about the future of Ukraine and Ukrainian economy. Actually, speaking of sanctions and, you know, that this is a sign of irritation, not an instrument of serious policies.
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    The latest portion of sanctions which was voted in the European Union last September was introduced the next day after the Minsk protocol was signed. This is a very interesting logic, you know, to stimulate the political process. So the next morning after the huge achievement was reached, which was praised by everyone, the gentleman, what was his name, Van Rompuy, declared that there was a new portion of sanctions being introduced in Russia. If this is the European choice, if this is what Europe has as a reaction to something positive, then I once again can only say that we hugely overestimated European independence in foreign policy.
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    Q: Are sanctions, as some people are thinking, a way of trying to create a regime change in Russia?
    Sergey Lavrov: I have very serious reasons to believe that this is the case.
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    read more!

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December 19, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | 1 Comment

​UK Oil Industry ‘Close to Collapse’ as Price Plunges Below $60 per Barrel !

http://rt.com/uk/215579-uk-oil-industry-crisis/

Click on image for article!

December 19, 2014 Posted by | Economics | , , , | Leave a comment

There Is Hope In Understanding That A Great Economic Collapse Is Coming!

Global economic, financial and currency meltdown approaching!

Global economic, financial and currency meltdown approaching!

  • There Is Hope In Understanding That A Great Economic Collapse Is Coming! 
    by Michael Snyder, http://theeconomiccollapseblog.com/ 
    If you were about to take a final exam, would you have more hope or more fear if you didn’t understand any of the questions and you had not prepared for the test at all?  I think that virtually all of us have had dreams where we show up for an exam that we have not studied for.  Those dreams can be pretty terrifying.  And of course if you were ever in such a situation in real life, you probably did very, very poorly on that test.  The reason I have brought up this hypothetical is to make a point.  My point is that there is hope in understanding what is ahead of us, and there is hope in getting prepared.  Since I started The Economic Collapse Blog back in 2009, there have always been a few people that have accused me of spreading fear.  That frustrates me, because what I am actually doing is the exact opposite of that.  When a hurricane is approaching, is it “spreading fear” to tell people to board up their windows?  Of course not.  In fact, you just might save someone’s life.  Or if you were walking down the street one day and you saw someone that wasn’t looking and was about to step out into the road in front of a bus, what would the rational thing to do be?  Anyone that has any sense of compassion would yell out and warn that other person to stay back.  Yes, that other individual may be startled for a moment, but in the end you will be thanked warmly for saving that person from major injury or worse.  Well, as a nation we are about to be slammed by the hardest times that any of us have ever experienced.  If we care about those around us, we should be sounding the alarm.
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    Since 2009, I have published 1,211 articles on the coming economic collapse on my website.  Some people assume that I must be filled with worry, bitterness and fear because I am constantly dealing with such deeply disturbing issues.
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    But that is not the case at all.
    There is nothing that I lose sleep over, and I don’t spend my time worrying about anything.  Yes, my analysis of the global financial system has completely convinced me that an absolutely horrific economic collapse is in our future.  But understanding what is happening helps me to calmly make plans for the years ahead, and working hard to prepare for what is coming gives me hope that my family and I will be able to weather the storm.
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    read more!
Global collapse super storm is coming! Graphic source: http://akhater.deviantart.com

Global collapse super storm is coming! Graphic source: http://akhater.deviantart.com

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December 19, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , | 1 Comment

IMF Now Ready To Slam The Door On The U.S. And The Dollar!

http://www.newdawnmagazine.com/Article/A_Global_Central_Bank_Global_Currency_World_Government.html

Click on image for article!

  • IMF Now Ready To Slam The Door On The U.S. And The Dollar! 
    by Brandon Smith, Activist Post 
    …  We expected such destabilization after the wrap-up of the Fed taper, and the markets have not disappointed so far. My position has always been that the taper of QE3 made very little sense in terms of maintaining the manipulated illusion of economic health — unless, of course, the Federal Reserve was implementing the taper in preparation for a renewed financial catastrophe. That is to say, the central bankers have established the lie of American fiscal recovery and then separated themselves from blame for the implosion they KNOW is coming. If the markets were to collapse while stimulus is officially active, the tragedy would be forever a millstone on the necks of the banksters. And we can’t have that now, can we?
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    This is not to say that individual central banks and even currencies are not expendable in the grand scheme of things. In fact, the long-term goal of globalists has been to consolidate all currency systems and central banks under the outward control of the International Monetary Fund and the Bank For International Settlements, as I outlined in “The Economic Endgame Explained.”  

    The delusion perpetuated in the mainstream is that the IMF is a U.S.-dominated institution. I have outlined on many occasions why this is false. The IMF like all central banks is dominated by the international corporate banking cartel. Central banks are merely front organizations for globalists, and I am often reminded of the following quote from elitist insider Carroll Quigley when I hear people suggest that central banks are somehow independent from one another or that the Federal Reserve is itself the singular “source” of the world’s economic ills:

    And, most recently, we now know that international bankers control political legislation as well, as Congress passed with little resistance a bill that negates the Frank-Dodd restrictions on derivatives and places the U.S. taxpayers and account holders on the hook for more than $303 trillion in toxic debt instruments. The bill is, for all intents and purposes, a “bail-in” measure in disguise. And it was pushed through with the direct influence of JPMorgan Chase CEO Jamie Dimon.
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    The Federal Reserve, the U.S. government and the dollar are as expendable to the elites as any other economic or political appendage. And it can be replaced at will with yet another illusory structure if this furthers their goal of total centralization. This has been done for centuries, and I fail to see why anyone would assume that globalists would change their tactics now to preserve the dollar system. They call it the “New World Order,” but it is really the same old-world monetary order out of chaos that has always been exploited. Enter the IMF’s old/new world vision.
    ….
    In articles over the past year, I have warned that the plan to dethrone the dollar and replace it with the special drawing rights basket currency system would be accelerated after it became clear that the U.S. Congress would refuse to pass the IMF reforms of 2010 proclaiming “inclusiveness” for developing economies, including the BRICS nations. The latest spending bill removed any mention of IMF reforms. The IMF, under Christine Lagarde, has insisted that if the U.S. did not approve its part of the reforms, the IMF would be forced to pursue a “Plan B” scenario. The details on this “plan B” have not been forthcoming, until now.
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    The Financial Times reported on the IMF shift away from the U.S. by asserting the authority to remove the veto power America has always enjoyed over the institution. This action is a stark reminder to mainstream talking heads and to those who believe the U.S. is the core economic danger to the world that the IMF is NOT an extension of American policy. If anything, the IMF and the U.S. are extensions of international banking power, just as the BRICS are nothing more than puppets for the same self-serving financial oligarchy clamoring for the same IMF-controlled paradigm, as Vladimir Putin openly admitted:
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    read more!

Carroll_Quigley_Tragedy_n_Hope2

http://thenewamerican.com/economy/economics/item/14579-killing-the-dollar-g20-imf-push-for-global-fed-global-currency

Click on image for article!

http://www.thenewamerican.com/economy/economics/item/4489-imf-report-promotes-world-currency

Click on image for article!

http://www.thenewamerican.com/economy/economics/item/4499-the-emerging-global-fed

Click on image for article!

http://www.thenewamerican.com/economy/economics/item/4498-waking-up-to-a-world-currency

Click on image for article!

Ron_Paul_Merger_of_ECB_FedRes_BOJ_WorldCentralBank

  • “They are planning through the IMF to come up with a World Currency to replace the dollar because the dollar will be replaced you just can’t keep printing them forever …. They wanna come up with another currency controlled and ruled by the United Nations and IMF ! “ – Quote: Ron Paul, 12 Jan 2012 at South Carolina.

  • “Are we going to go another step further into INTERNATIONAL MONEY … are we gonna go toward a U.N./IMF STANDARD where they are going to control with the USE OF FORCE another fiat standard. That’s what many people are working for and I CONSIDER THAT A VERY DANGEROUS MOVE!” - Ron Paul
http://www.globalresearch.ca/the-financial-new-world-order-towards-a-global-currency-and-world-government

Click on image for article!

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

Russia Crisis Leaves Banks Around the World Exposed by the Billions!

Source: Capital Economics

Source: Capital Economics

  • Russia crisis leaves banks around the world exposed by the billions! 
    by http://rt.com/news/ 
    Major banks across Europe, as well as the UK, US, and Japan, are at major risk should the Russian economy default, according to a new study by Capital Economics.
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    The ING Group in the Netherlands, Raiffeisen Bank in Austria, Societe General in France, UniCredit in Italy, and Commerzbank in Germany, have all faced significant losses in the wake of the ruble crisis. On Tuesday, the currency had its biggest fall in a decade and a half, losing 20 percent, nearing the 27 percent drop it experienced in 1998 that led to a default.
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    Overall Societe General, known as Rosbank in the Russian market, has the most exposure at US$31 billion, or €25 billion, according to Citigroup Inc. analysts. This is equivalent to 62 percent of the Paris-based bank’s tangible equity, Bloomberg News reported.
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    Following the drop, Raiffeisen, which has €15 billion at risk in Russia, saw its stocks plummeted more than 10 percent. Raiffeisen also has significant exposure in Ukraine, which is facing a similar currency sell-off as Russia.
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    read more!

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December 19, 2014 Posted by | Economics | , , , , , , , , , , | Leave a comment

This Is What a Currency Collapse Looks Like: Shopping Frenzy: “We Have A Lot Of Rubles Losing Value Every Second”!

Hyperinflation-Janet_Yellen_Breakfast

  • This Is What a Currency Collapse Looks Like: Shopping Frenzy: “We Have A Lot Of Rubles Losing Value Every Second”! 
    by Mac Slavo, http://www.shtfplan.com/ 
    Russians have seen the writing on the wall and they know that they’re economy and currency are in serious trouble. Though the Russian central bank has pledged to protect and stabilize the Ruble, which has collapsed by nearly 50% versus the dollar in the last several months, people aren’t taking any chances.
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    It’s a scenario we’ve seen repeated throughout history when a nation’s currency was threatened with destruction and it’s one we may soon witness in America should confidence in the dollar as the world’s reserve currency ever be lost. This is what a currency collapse looks like:
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    “It is a real panic,” said Kirill Rogov, an independent political and economic analyst who is often critical of the Putin administration. “The ruble is being devalued by 5 or 6 percent every day, and nobody knows how to stop it.”
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    The ruble has lost 50 percent of its value since the beginning of the year. Russian consumers afraid of losing their savings, as happened in a financial crisis in 1998, flooded stores, rushing to dump rubles that seemed to shrink in worth by the minute.
    Source: New York Times

    “I don’t need this car,” he said with a shrug. He already owns two Porsches and a Land Rover. But, he figured the prices will soon go up and the ruble will probably go down. “We are headed for a crisis,” he said.

    Electronics stores were packed late into the evening as shoppers scooped up iPhones and iPads at prices over $100 lower than what they cost in the United States. Apple’s Russian website halted online sales “due to extreme fluctuations in the value of the ruble… while we review pricing.”

    We came here because we have a problem. We have a lot of rubles which are losing value every second and we were too late to buy dollars at good price. We came here because prices on cars will increase tomorrow,” Katya said.
    Source: ABC News 
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    What’s happening in Russia with the collapse of the Ruble is that merchants are being forced to raise their prices on goods every day. If the slide in the Ruble continues that could turn to hourly adjustments as was seen in Zimbabwe when their dollar crashed.
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    It’s a scenario that closely mimics the Argentine hyperinflation of the early 2000′s. As noted by author Fernando “Ferfal” Aguirre in his first-hand account The Modern Survival Manual: Surviving The Economic Collapse, when the country’s currency collapsed citizens had no choice but to spend their money immediately on anything they could get their hands on. Failure to do so would cut their purchasing power in half within a matter of hours.
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    read more!
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December 18, 2014 Posted by | Economics, Social Trends | , , , , , , | Leave a comment

Paul Craig Roberts: The Ruble Collapse is an Act of War Against Russia!

  • Emphasis mine:
  • Paul Craig Roberts: The Ruble Collapse is an Act of War Against Russia! 
    by Greg Hunter’s USAWatchdog.com
    Former Assistant Treasury Secretary Dr. Paul Craig Roberts thinks the only thing that explains the plunge in the Russian ruble is that it is being attacked by America.  Roberts contends, “It is not a currency crash in the sense there are no economic reasons for the ruble’s fall.  Unlike the United States, which has a massive trade deficit, and if the currency markets were not rigged, the dollar would be collapsing, the Russian economy has a trade surplus.  Therefore, there is no pressure on its currency for economic conditions.”  Dr. Roberts goes on to say, “This is not some independent action of market forces.  So, it’s either hedge funds, currency speculators like Soros, or it’s an Act of War on behalf of the United States government by the Federal Reserve or the Exchange Stabilization Fund. . . or possibly both hedge funds working with the federal government.”
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    Manipulating the markets, any market, is supposed to be illegal, but don’t count on the bankers going to jail.  Dr. Roberts, who has a PhD in economics, thinks, “The big banks, the big Wall Street money, are essentially agents of the government.  This is why they don’t get prosecuted.  This is why they can break all kinds of laws, commit felonies and settle with a fine.  This is what we’ve been watching in the financial arena.  When these financial gangsters are caught, instead of being indicted and put on trial, they pay money.”
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    How could the Russians retaliate?  Dr. Roberts says, “If the Russians wanted to do payback, it’s very easy for them.  The next time all of these contracts, paper gold contracts, are dumped on the futures market, the Russians need to go and buy them all up, then demand delivery because there is no gold to deliver.  The whole system would collapse.  So, the Russians could cause a gold squeeze here anytime they want. . . . They would blow the system wide open because they can’t make delivery.”
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    On war, Dr. Roberts says recent resolutions passed in Congress certainly point to it.  Dr. Roberts explains, “These resolutions demonize Russia and define it as a great threat.  They call on Obama to arm the Ukrainians so we can use the Ukrainians to fight Russia.  In other words, we are going to fight Russia down to the last Ukrainian.  Of course, the Ukraine can’t fight Russia. The whole purpose of this is to have the Russians slap them down, then we can go to the Europeans and say see, see the Russians invaded and look how dangerous they are.  You’re next.  They will be in Berlin tomorrow.  They’ll be in London by the end of the week.  Paris will fall, and Rome will burn. We can’t wait to tell the Europeans this because the whole purpose of this is to completely break every kind of relationship, economic, political and cultural, between Russia and Europe.  That’s what Washington’s goal is.  That’s what it’s all about.  This includes attacks on the ruble and sanctions.  They are setting up a war that nobody can win, for what reason?  For American superiority?  You don’t have superiority if the world is awash in radioactive waste and there is nuclear winter.  The climate has collapsed.  The whole thing is an absurdity.”
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    read more!
WW3 is near?

WW3 is near?

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December 18, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Paul Craig Roberts: The Gangsters Who Run America and Wall Street!

US_Economic_Collapse

  • “I have concluded that corruption is so dominant in the US today that change for the better cannot come from internal sources. Change for the better, if it comes, will come from economic collapse resulting from the prostitution of public policy to serve a handful of elites.”
    - Quote

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  • Paul Craig Roberts: The Gangsters Who Run America and Wall Street! 
    by Paul Craig Roberts, http://www.presstv.com/ 
    The gangsters who run the US financial system have determined opponents. Among them are Elizabeth Warren, Nomi Prins, Pam and Russ Martens, Michael Hudson, and David Stockman.
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    I have often expressed my admiration for Warren, Prins, Martens, and Hudson. In his latest column, David Stockman has earned my admiration and forgiveness. I say forgiveness because in my opinion Stockman came close to sabotaging President Reagan’s economic program.

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    None of us on whom the president was relying expected that Stockman would be the weak link. Stockman, a member of the House, was an advocate of the new policy and a friend of U.S. Rep. Jack Kemp. I knew Stockman and had worked with him in putting together a new approach to economic policy in the short time between the November election and January inauguration.
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    The success of the new policy depended upon Stockman, who we managed to have appointed Director of the Office of Management and Budget, on Federal Reserve Chairman Paul Volcker, and on my office in the U.S. Treasury where I was appointed Assistant Secretary for domestic Economic Policy.
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    The problem we confronted was the worsening “Phillips curve” tradeoffs between inflation and unemployment that had produced a situation termed “stagflation.” The Phillips curve illustrated that an increase in employment had to be “paid for” by accepting higher inflation, and a reduction in inflation had to be “paid for” in terms of higher unemployment. The trade-offs between inflation and unemployment were worsening. The dilemma came to a head when Milton Friedman showed that the Phillips curve trade-offs had broken down and that higher inflation now brought higher unemployment.
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    The new situation was described as “stagflation.” The Keynesian macroeconomists and policymakers could not explain the cause of stagflation and had no remedy.
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December 18, 2014 Posted by | Economics, Social Trends, GeoPolitics, History | , , , , , , , , , , , , , , , , , | Leave a comment

GEAB N°90: Global Systemic Crisis 2015 – Oil, Currencies, Finance, Societies, The Middle East – Massive Storm in the Western Port! The Complete Collapse of the Western World !

Global financial storm is coming!

Global financial storm is coming!

  • “… GEAB must therefore anticipate the consequences of this veritable atomic bomb, which has begun to blow up all the old system’s pillars: everything which we have known, international currencies, financial markets, the US, the Western alliance, world governance, democracy, etc. ” - Quote
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  • GEAB N°90 is available ! Global systemic crisis 2015 – Oil, currencies, finance, societies, the Middle East : Massive storm in the Western port! 
    by http://www.leap2020.eu/ 
    For almost two years, by combining various points of view (speculative, geopolitical, technological, economic, strategic and monetary…), we have continued to anticipate a major crisis in the entire oil sector.
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    Today, no one doubts the fact that we are actually at that point, and the GEAB must therefore anticipate the consequences of this veritable atomic bomb, which has begun to blow up all the old system’s pillars: everything which we have known, international currencies, financial markets, the US, the Western alliance, world governance, democracy, etc.
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    « Global systemic crisis: the end of the West we have known since 1945 »
    Here, we would like to look back on a historic GEAB anticipation, that of Franck Biancheri in February 2006, which announced the beginning of the global systemic crisis under the title “the end of the West we have known since 1945” (1). It will have taken nine years for this Western world to collapse (or seven years, if we begin the process with the 2008 subprime crisis, as one should really do)… During these nine years, the GEAB has worked to educate on the crisis, with the avowed aim of raising all the existing solutions to exit it as quickly and as painlessly as possible. Apparently, outside the work carried out by the BRICS which, also anticipated by the GEAB, got through a huge task to lay down the foundations of tomorrow’s world, the Western world, meanwhile, has made some positive efforts here and there, signs of which we detect in some places. But at the end of 2014, and after the huge destabilization caused by the crash of Euro-Russian relations in the Ukrainian crisis, our team is struggling to put forward a positive scenario for the coming year.
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    2015 will show the complete collapse of the Western world we have known since 1945. It will be a gigantic hurricane, which will blow and rock the whole planet, but the breach points are to be found in the “Western Port”, which hasn’t been a port for a long time but, as will be clearly shown in 2015, has been in the eye of the storm in fact, as we have repeatedly said since 2006. Whilst some boats will try to head offshore, the Ukrainian crisis has had the effect of bringing some of them back to port and firmly re-mooring them there. Unfortunately, it’s the port itself which is rocking the boats and it’s those with the strongest moorings which will break up first. Of course, we are thinking of Europe first and foremost, but more so Israel, the financial markets and world governance.
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    Of course peace is at stake, a peace which is no more than a vain word, moreover. Ask China, India, Brazil, Iran, etc., if the West still conveys any image of peace. As for democratic values, what we show serves more as a foil than a model… to the extent that the universal principle of democracy is relegated to the value of culturally relativized concepts and finishes by serving antidemocratic agendas of all ilks, in Europe and elsewhere. Yet it’s not the democratic principle that is the problem (quite the opposite is needed to reinvent ways to apply it, in partnership with the new emerging powers), but really the West’s inability to have known how to adapt its implementation to society’s new characteristics (the emergence of supranational political entities, the Internet which is transforming the social structure..)
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    The oil crisis is systemic because it is linked to the end of the all-oil era 
    Let’s return for a moment to the principal characteristics of this systemic oil crisis which we have analyzed. To quickly summarize and to highlight the systemic nature of this crisis, to better position our anticipations which follow, it’s the oil market’s world governance system OPEC, which has been undermined. The US, which was its master until around 2005 (2), has seen the arrival of the emerging nations whose levels of consumption has inevitably made them joint masters.
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    read more!
Global currency, economic and financial storm coming!

Global currency, economic and financial storm coming!

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December 18, 2014 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Oil Producers to Lose $1Trillion If Price Below $60 – Goldman Sachs

Kissinger-Control_oil_and_you_control_nations_control_food_and_you_control_the_people

  • Sounds like great news to me. It is about time the Satanic bloodlines who own Big Oil, lose a lot of money. Oil price should be closer to US$10/barrel than US$100/barrel. There isn’t a shortage of oil. The price has been artificially kept high by the Illuminist banksters who own Big Oil, who also own Wall Street. Ie. financial rape of the sheeple!
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  • Oil producers to lose $1tn if price below $60 – Goldman Sachs! 
    by http://rt.com/ 
    The global oil industry will face a loss of $1 trillion as producers will be forced to cancel a number of key projects if oil prices stay below $60, says Goldman Sachs.
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    With Brent crude losing 45 percent of its price and trading at $59.9 at 12PM MSK Tuesday, a number of once ambitious projects could become unprofitable. Thus, plans on deep exploration in such challenging regions as the Gulf of Mexico or Arctic may be put at risk, says the Financial Times.
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    The research based on a $70 oil price was carried out looking at 400 oil and gas fields around the world, many of which are still waiting for a final investment decisions. The analysis, which excludes US shale, shows the fields with the equivalent of 2.3 million barrels a day output by 2020 have now become uneconomic. That figure rises to 7.5 million barrels a day by 2025.
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    read more!
http://www.infowars.com/plummeting-oil-prices-could-destroy-the-banks-that-are-holding-trillions-in-commodity-derivatives/

Judo master Putin executing a deft move? Using the enemy’s oil attack thrust to floor the enemy! Click on image for article!

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

Russia’s Next Financial Option May Be ‘Nuclear’! Capital Controls!

nuclear_blast

  • I am definitely in favour of capital controls for Russia in this instance. There are NO free markets any more. Capital control has been proven by Malaysia during the 1997 Asian Financial Crisis to be very effective in protecting the country against predatory Illuminist banksters out to destroy the nation!
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  • Russia’s next financial option may be ‘nuclear’! 
    by http://rt.com/news/ 
    The Russian Central Bank has seemingly lost control of the ruble, which lost more than 20% in just hours on Tuesday. Currency interventions and interest rates both have failed to save the ruble. The next major step could be limiting the cash flow.
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    After the Russian ruble fell to 1998 lows on Monday, the Central Bank met late into the evening and hiked the main lending rate to 17 percent to offset the tailspin ruble. It worked- for about four hours, then the ruble against nosedived against the dollar, euro, and sterling.
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    On November 10, the bank introduced the ruble’s free floating policy- which meant it would stop direct financial support, and would instead let the markets guide it. Before that, the Central Bank tried interventions, and after burning through $80 billion in foreign reserves, the ruble still went bust.
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    The markets took it to to new depths and lows. On Tuesday the euro nearly touched 100 rubles and the US dollar 80 rubles, both more than this time last year.
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    If interest rate hikes and interventions continue to have no sway on stabilizing the ruble, the Bank may be forced to enact more radical and less orthodox financial tools.
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    “The next option, and sort of the nuclear option in finance, is to impose capital controls. That would be any combination of withdrawal limits on the amount of money people can take from their bank accounts, transfer limits of how much people can convert into other currencies, and how much people can send abroad,” Yuval Weber, Associate Professor of Economics and International Affairs at the Higher School of Economics in Moscow, told RT.
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    So far, both the Central Bank and the Russian President have denied capital controls will be enforced.
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    read more!

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December 18, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | 1 Comment

A Russian Collapse Will Just be a First Domino in a Worldwide Conflagration!

The Illuminists are lining up the pieces for a catastrophic global collapse!

The Illuminists are lining up the pieces for a catastrophic global collapse!

  • A Russian collapse will just be a first domino in a worldwide conflagration! 
    by http://www.theburningplatform.com/ 
    The American MSM is cackling at the collapse of the Russian ruble and the Russian stock market. They seem to think Russia’s loss is an American win. They are too myopic to realize a Russian collapse will just be a first domino in a worldwide conflagration. The collapse in oil prices is mainly due to a collapse in worldwide demand because we have entered a global recession. No one wins in a global recession. Central banks have shot their load. The debt binge has failed to cure a disease caused by too much debt. Deflation has taken hold and will ravage the debt laden countries. The pain is just beginning.
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    As a reminder – Russian debt to GDP is 20% and they still have hundreds of billions of barrels of crude oil under their land. The US has debt to GDP of 103% of GDP and shale that is worthless unless oil prices are above $80 per barrel. Oil is currently $56 per barrel. Are we really winning?
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    The wildcard in this is Putin. The faux journalists and toady politicians think he will back down, leave the Ukraine, and bow down to Obama. Really? Not a chance. He is more likely to launch tanks into the Ukraine and see if Obama and NATO have any balls. Obama is an amateur with 40% approval who will not be able to accomplish anything in the last two years of his failed presidency. If he pushed Putin too hard, the unintended consequences may end up being a major chapter in a future history book.
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    The sheep are busy preparing for Christmas while tweeting, texting and facebooking to their heart’s content. They have no idea they are being led closer to the slaughterhouse.
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    read more!

How_do_I_wake_these_stupid_Sheeple

Sheeple_Magazine_Slow_boiling_of_Frog_Brain_Washing

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December 18, 2014 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Leave a comment

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