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Socio-Economics & History Commentary

European Sovereign Risk Soars As Systemic Fears Mount

EU_financial_credit_risk-20160211

  • European Sovereign Risk Soars As Systemic Fears Mount
    by Tyler Durden, http://www.zerohedge.com 
    “Whatever it takes” is not enough, it would appear as the fragility and interconnectedness forced upon the European banking/sovereign finance ponzi has rapidly come home to roost for Draghi and his followers. Peripheral bond risk has flipped from “hold your nose” buys to panic sells with Portugal risk exploding 200bps in the last week. As the European banking system’s credit risk rises 2012-crisis-like, it seems belief in a bigger bazooka is fading fast.

    It’s not just Deutsche Bank…

European_Sovereign_Bond_Risk-20160211

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February 11, 2016 Posted by | Economics | , , , , , | Leave a comment

Dow Futures Crash 320 points, Gold Soars US$42 …

http://www.investing.com/indices/us-30-futures

  • S&P500 futures plunge 39 points(2.1%). Nasdaq futures down 92 points (2.3%). WTI Crude oil at US$26.35, we will see US$25.xx like tomorrow. USDJPY at 111.30 and looks like heading towards 110.xx handle very soon(like tonight US time). Japan stock market is toast. BOJ-Kuroda has as good as ‘committed suicide’ with his ‘no limits’ to monetary easing statement. The markets don’t believe him and don’t think BOJ measures will work. If Kuroda starts to go even more negative in NIRP, he will place the entire global financial/monetary system at risk. The markets may just ‘kill’ BOJ-Kuroda another time. It is largely over for BOJ and central banks credibility.
  • Europe stock markets are down 3-4%. Spain is getting smashed -4.3% and Italy tanks 5.2%. The BIG ONE is coming! I mean like down 10+% worldwide overnight with many markets shutdown. Bank holidays will be next.

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February 11, 2016 Posted by | Economics | , , , , , , , , | Leave a comment

ALERT: Derivatives Nightmare Has Shares In Hong Kong Plunging And Gold Surging Above $1,200

http://www.investing.com/indices/hang-sen-40

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February 11, 2016 Posted by | Economics | , , , , , , | Leave a comment

USDJPY is FreeFalling 111.xx Handle, European Stocks Tank, Crude Oil US$26.xx

http://www.investing.com/currencies/usd-jpy

http://www.investing.com/indices/major-indices

February 11, 2016 Posted by | Economics | , , , , , , , | Leave a comment

Andrew Hoffman: This Economic Crash Will Be The Crash That Ends All Crashes

Statue_of_Liberty_overwhelmed_by_Tsunami_waves1

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February 11, 2016 Posted by | Economics, Social Trends | , , , , , , , , , , , , , , , , , , , | Leave a comment

Global Economic And Banking Collapse On Deck

Global_Economic_Collapse_accelerates

  • Global Economic And Banking Collapse On Deck
    by Dave Kranzler, http://investmentresearchdynamics.com/ 
    … All eyes are focused on Deutsche Bank.  Rightly so, for the most part.   “As you said, Deutsche Bank is blowing up” (Dr. Paul Craig Roberts in an email to me this morning).  It was reported this morning that the bank’s CEO released a memo to employees in which he assured the “troops” that everything was fine.   Most people do not remember this but I’ve been cursed with a great memory for certain details.  Jimmy Kayne, the CEO of Bear Stearns, when Bear blew up gave the same type of pep talk to Bear employees shortly before Bear was flushed down the toilet.  Reaching even further back in the annals of epic corporate fraud induced collapses, Ken Lay gave the exact same kind of pep talk to his people right before Enron collapsed.

    As the adage goes, once a rumor is denied at least three times, the fact-basis of the rumor has been confirmed.

    But it’s not just DB – it’s the entire western banking system.  While DB stock was getting pummeled yesterday, it escaped everyone’s attention that Morgan Stanley stock was down over 7% as well.   Bank of America stock was hit 5.4%.  Goldman Sachs as drubbed nearly 6%.  Today Credit Suisse stock is getting hit 7.7%. These banks all have one common denominator:  an exceedingly high degree of exposure to Euro-debt credit default swap counterparty risk.   Include RBS and Barclays on that list as well, both of which are headed for the credit default swap waste bin unless the Fed and the ECB decide to print enough digital money to keep them alive.   The most stunning collapse in stock price is perhaps Credit Suisse (green line) which had been the best performing stock among the group until mid-July.  Wonder what changed?   Nearly as a notable as CS is Morgan Stanley (dark purple), which has managed to stay out of the media but it clearly exhibiting signs of extreme underlying financial distress.  Most might not remember, but Morgan Stanley should have been one of the primary casualties of the 2008 de facto collapse but it was quietly re-monetized so that it could continue fleecing the public by raking in big fees from the huge volume of “Club Med” European credit default swaps that it sells.

    It’s nearly impossible to identify the specific root cause of the obvious banking system melt-down that is occurring. By design the use of OTC derivatives  by the banks has been completely obscured and hidden from sight.   As was evident from Jamie Dimon’s admissions during the “London Whale” crisis at JPM, even the people running these banks do not have a full understanding of the magnitude and degree of risk buried in the big bank balance sheets.  Since the Central Banks get their bank-specific information from the banks, it means that Central Banks therefore do not fully understand the scope and severity of the problem either.

    read more.
http://www.theguardian.com/business/2016/jan/06/world-bank-perfect-storm-warning-2016-slowdown-brics-economies

Click on image for article.

http://www.telegraph.co.uk/finance/financetopics/davos/12108569/World-faces-wave-of-epic-debt-defaults-fears-central-bank-veteran.html

Click on image for article.

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February 11, 2016 Posted by | Economics | , , , , , , , , , , , | Leave a comment

US Anti-Missile System Aims at China

  • Published on Feb 10, 2016
    The possible US deployment of an anti-missile system to the Korean Peninsula is not aimed at North Korea, but it is meant to curb China’s ability to counter a US nuclear attack, says Edward Corrigan, an international lawyer and political analyst.

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February 11, 2016 Posted by | GeoPolitics | , , , , , , , , , | Leave a comment

US Warning About Terrorism is to Justify Funding Military Industrial Complex: Analyst

  • Published on Feb 10, 2016
    The latest warning by the top US intelligence official about Daesh (ISIL) inspired extremists threatening the United States is a deceptive scheme to exaggerate the threats facing the US and continue funding the military and intelligence budget, a former American intelligence linguist says.

Theodore_Roosevelt-Invisible_secret_government_no_allegiance_no_responsibility_to_people

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February 11, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

Russia Warns of Turkey’s Buffer Zone Plan in Syria

  • Published on Feb 10, 2016
    Russian Foreign Minister Sergey Lavrov says such a move will be in breach of international law. He said it will cause substantial and qualitative tensions in the region. Turkey, with the help of the US, has been trying to operationalize a buffer zone in north of Syria. Ankara claims the move will lead to greater stability along the border. Opponents say Turkey is seeking to gain control over the situation in Syria and also crack down on minority Kurds against who Ankara has launched a military campaign on its own soil.

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February 11, 2016 Posted by | GeoPolitics | , , , , , , , , | Leave a comment

NATO Ready to Act Against Aggression on Allies (ie. War Against Russia)

  • Published on Feb 10, 2016
    Jens Stoltenberg made the remarks during a news conference at NATO headquarters in Brussels. He said deployment of NATO troops in Eastern Europe would act as deterrence against Russia. NATO defense ministers are in Brussels for a two-day conference to discuss the deterrence and defense strategy of the alliance on Russia and other security challenges. Ties between Russia and the west soured following the crisis in Ukraine. Moscow accuses the US and other western countries of interfering in Ukraine’s internal affairs and stoking up tensions there.

Hermann-Goering-Ppropaganda_for_War2

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February 11, 2016 Posted by | GeoPolitics | , , , , , , , , , , | Leave a comment

ISIS Commander Found Living in Germany Among Refugees

  • Published on Feb 10, 2016
    In the latest of a series of raids, German police have searched two homes in a rural village after a television channel interviewed a suspected Islamic State commander living there as a refugee. Sankt Johann is a small village in the south west German state, Rhineland-Palatinate. Something of a rural idyll, its 800 residents live between vineyards in the shadow of a 14th century Gothic church. And yet, as SPIEGEL TV reports, this weekend it was the scene of police raids on two Islamic State-linked suspects living in refugee housing. http://www.infowars.com/islamic-state… 

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February 11, 2016 Posted by | Social Trends | , , , , , | Leave a comment

New World Order Foments World War Between US And Russia

Myron_Fagan_Illuminati_Engineered_Conflicts

  • Published on Feb 10, 2016
    While good Americans focus on the struggle associated with putting their votes, livelihood, and the future of their children into the hands of incorporated career criminal politicians. The monstrosity known as the Military Industrial Complex manages an incoming wave of global horror ratcheting up for a new phase likely to create mass terror attacks to be exploited by the Department of Homeland Security, the NSA, the CIA and the Pentagon in order to sway the national narrative during an election year.


    So what are Obama and his billionaire global masters scheming up to counteract the collapse of their highly malicious actions? They are sending in Saudi Arabia to Syria in order to curb Russian, Iranian security forces, Hezbollah and Iraqi Shi’a fighters as they close in on the major jihadist stronghold of Aleppo and surrounding countryside. Kurt Nimmo writes “The invasion, reportedly planned for March, and billed as an offensive against the Islamic State will put the Saudi coalition into direct conflict with the SAA, Iranian security forces, Hezbollah, Iraqi Shi’a militias and the Russians.

    In October the leading globalist Zbigniew Brzezinski told the Financial Times he advised Obama to disarm the Russians if they keep attacking the CIA-trained militants in Syria. “The Russian naval and air presences in Syria are vulnerable, isolated geographically from their homeland,” Brzezinski said. “They could be ‘disarmed’ if they persist in provoking the US.”

    The Saudi-led invasion is part of the strategy outlined by Brzezinski. It is designed to raise the stakes for Russia and its partners and drive Iran out of Syria. The strategy, however, is highly risky and is likely to result in an escalation and widening of the conflict and, in a worse case scenario, precipitate direct conflict between the United States and Russia. A directive rolling towards escalation of a World War openly waged for the sake of a small group of multi billionaires as they desperately clamor to control every living being on Earth.

British_Historian_Major_General_JFC_Fuller-Western_Illuminati_semioccult_power_pushed_America_into_WW1

http://www.wsws.org/en/articles/2015/11/05/pers-n05.html

Click on image for article.

http://www.wsws.org/en/articles/2015/10/28/pers-o28.html

Click on image for article.

http://www.wsws.org/en/articles/2015/10/08/pers-o08.html

Click on image for article.

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February 11, 2016 Posted by | GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

10,000 Migrants to be Housed in Berlin’s Luxury Hotels While Local Homeless Go Without Shelter

  • Is the German government really helping war refugees or allowing criminals and terrorists into the nation? Illuminist western governments are following the Illuminist psyop script: Samuel Huntington’s Clash of Civilizations to lead the sheeple towards Albert Pike’s Satanic WW3. The sad fact is that genuine war refugees who need help will be lumped together with terrorists when war starts.
  • 10,000 Migrants to be Housed in Berlin’s Luxury Hotels While Local Homeless Go Without Shelter
    by CHRIS TOMLINSON, http://www.breitbart.com/  
    The Berlin Senate has announced an audacious, and some would say totally inappropriate plan to house 10,000 migrants in mid level to luxury hotels in the city with a total price tag of at least 600 million euros.

    The senate has requested a contract with Grand City Hotels to lease out 22 hotels to house migrants in the city. According to German newspaper Frankfurter Allgemeine the senate entered negotiations with London-based Hampton Holding, the owners of the popular Holiday Inn and Wyndam hotels in Berlin.

    The costs break down at 50 euros a night, 1500 euros a month and 18,000 euros a year. The costs to rent an apartment in Berlin, even in the centre of the city average far lower prices. A quick look on apartment rental sites show much cheaper prices even in the centre of Berlin.

    The company who own various hotels in the city like Hotel Berlin Mitte, the Berlin City East and City West, have been incredibly attracted to the idea as the government guarantees an occupancy rate of 95 per cent, something the hotels may only see seasonally rather than all year round when the capacity averages 60-65 per cent at best.

    The idea of renting out hotels in Berlin is not without precedent. The 182 room Best Western “President” hotel has been completely rented out to migrants to the tune of 150,000 euros a month. This figure excludes even what are considered “incidental” expenses meaning the actual figure could be even higher per month.

    At least 80,000 migrants have come to Berlin since the migrant crisis started last year and the Berlin Senate has tried everything to house them anywhere it can find space. At least 50 school and public gymnasiums have been converted into makeshift asylum centres as well as a former office building and a former savings bank headquarters in the city. It’s expected by officials that next year the numbers will likely match or exceed the 80,000 that have already come, leading many to wonder where else the senate can look for additional housing.

    read more.
http://www.bbc.com/news/world-europe-35231046

Click on image for article.

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February 11, 2016 Posted by | GeoPolitics, Social Trends | , , , , , , , , , | Leave a comment

Israel’s Duplicity: Admits Close Co-operation with Egypt in Blockading 1.8 Million in Gaza

Israel steals 44% of Gaza land using 3km buffer zone! Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

Israel steals 44% of Gaza land using 3km buffer zone!
Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

Rafah, Sinai, Buffer Zone bordering Gaza.

Rafah, Sinai, Buffer Zone bordering Gaza.

  • Israel’s Duplicity: Admits Close Co-operation with Egypt in Blockading 1.8 Million in Gaza
    by Anthony Bellchambers, http://www.globalresearch.ca/  
    After years of denial, Israel’s Minister for Energy, Yuval Steinitz …, revealed last week that the flooding of the tunnels into Gaza that facilitate the movement of essential supplies for the besieged civilian population, had been at Israel’s specific request and with the full co-operation of the Egyptian government of President Abdel Fattah el-Sisi. This has taken Israel’s increased co-operation along the border with Egypt to unprecedented levels.

    This extraordinarily sensitive situation of co-operation between Israel and Egypt, in the denial of human rights of nearly two million, is a matter of great concern, not least in Egypt itself where the Arab world’s condemnation of Israel’s illegal settlement on Palestinian land is widespread.

    Egypt’s clandestine co-operation with Israel follows the many years that Israel’s Netanyahu was ‘in bed’ with former Egyptian President Mubarak who allegedly received huge sums of money for his covert assistance to the Israeli state.  What the specific advantage is to the current Egyptian government in maintaining Israel’s 7 year, illegal blockade of Gaza, is unknown.

    One can only conclude that there is essentially little difference between the two adjoining Middle East states of Israel and Egypt.  They share many characteristics none of which, however, could be termed democratic.  Democracy has yet to reach that part of the Middle East where military repression and control, either overt or covert, is sadly the norm.
http://www.wrmea.org/2013-september/the-lab-israel-tests-weapons-tactics-on-captive-palestinian-population.html

Click on image for article.

https://socioecohistory.wordpress.com/2012/12/03/ashkenazis-self-styled-jews-are-not-the-descendants-of-the-ancient-israelites/

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

Noam_chomsky-It_is_not_War_it_is_murder_by_Zionist_Israel

https://socioecohistory.wordpress.com/2012/12/03/ashkenazis-self-styled-jews-are-not-the-descendants-of-the-ancient-israelites/

http://www.independent.co.uk/news/world/middle-east/tales-from-gaza-what-is-life-really-like-in-the-worlds-largest-outdoor-prison-8567611.html

Click on image for article!

http://www.ynetnews.com/articles/0,7340,L-3595097,00.html

Click on image for article!

https://socioecohistory.wordpress.com/2011/05/26/ashkenazi-jews-are-not-descendents-of-the-biblical-israelites-2/

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

  • “In 2001, Dr. Ariella Oppenheim, of Hebrew University, a biologist, published the first extensive study of DNA and the origin of the Jews. Her research found that virtually all the Jews came from Khazar blood. Not only that but Oppenheim discovered that the Palestinians—the very people whom the Jews had been persecuting and ejecting from Israel’s land since 1948—had more Israelite blood than did the Jews. In sum, the vast majority of the Jews were not Jews; some of the Palestinians were. Some of the Palestinians even had a DNA chromosome which established that they were “Cohens”—workers at the ancient Temple and synagogues of the Jews.” – Quote
https://socioecohistory.wordpress.com/2013/03/12/professor-noam-chomsky-jew-my-visit-to-gaza-the-worlds-largest-open-air-prison/

Click on image for article!

http://www.scienceworldreport.com/articles/10059/20131009/dna-samples-confirm-ashkenazi-jews-are-of-european-descent-study.htm

Ashkenazi Khazar Jews are not semitic people and not the real Jews of the Bible! Not the descendents of the 12 sons of Jacob/Israel !Click on image for article!

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February 11, 2016 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , , | Leave a comment

“It’s Worse Than 2008”: CEO Of World’s Largest Shipping Company Delivers Dire Assessment Of Global Economy

Container_Shipping_vessel_collapsing

  • “It’s Worse Than 2008”: CEO Of World’s Largest Shipping Company Delivers Dire Assessment Of Global Economy
    by Tyler Durden, http://www.zerohedge.com 
    Earlier today, we highlighted the rather abysmal results reported by Maersk, the world’s largest shipping company.

    To the extent the conglomerate is a bellwether for global growth and trade, things are looking pretty grim.
    Maersk Line – the company’s golden goose and the world’s largest container operator – racked up $182 million in red ink last quarter and the outlook for 2016 isn’t pretty either. The company now sees demand for seaborne container transportation rising a meager 1-3% for the year.


    The demand for transportation of goods was significantly lower than expected, especially in the emerging markets as well as the Group’s key Europe trades, where the impact was further accelerated by de-stocking of the high inventory levels,” the company said, in its annual report. Just how bad have things gotten amid the global deflationary supply glut you ask?

    Worse than 2008
    according to CEO Nils Andersen who last November warned that “the world’s economy is growing at a slower pace than the International Monetary Fund and other large forecasters are predicting.” Here’s what Andersen told FT:


    read more.

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February 11, 2016 Posted by | Economics | , , , , , , , | Leave a comment

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