Socio-Economics History Blog

Socio-Economics & History Commentary

Gerald Celente: The Fate Of The World, Money & Gold !

  • Gerald Celente – The Fate Of The World, Money & Gold ! 
    by www.kingworldnews.com
    Today top trends forecaster, Gerald Celente, told King World News, “… without Germany there is no euro.”  He also warned that Finland and other countries are making alternative plans, “… in case the euro collapses.”  Celente, who is the founder of Trends Research, and the man many consider to be the top trends forecaster in the world, also said this is why “… my money is in gold.”

    He went on to discuss breakout points in gold, but first, here is what he had to say about Europe:  “The German Supreme Court is going to rule upon whether or not Germany can continue to put funds into the stability pacts and bailout program, and whether or not there is going to be a euro bond program at all.  Bigger than that, whether or not the Bundestag is going to lose control of their own government and take some of the financial decision-making out of their hands and move it into Brussels.”

    “This is a huge day.  Everybody will remember September 12th.  It’s a really easy day to remember because it’s right after September 11th.  I recommend everyone tune in because what the German court decides on that day will affect the future of the euro almost immediately because Germany is what’s holding this whole thing together.

    If Germany doesn’t keep pumping in money to bailout these failing economies in Greece, Spain, Italy, into the European Central Bank so they can keep buying up these worthless bonds, and keep giving money to the banks that have failed in Spain and Greece and that are going under in Italy, without Germany there is no euro….

    read more!

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August 23, 2012 Posted by | Economics | , , , , , , , , | Comments Off on Gerald Celente: The Fate Of The World, Money & Gold !

Harley Schlanger: Obama Threatening Thermonuclear War!

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August 23, 2012 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Harley Schlanger: Obama Threatening Thermonuclear War!

Violence Against Palestinian Journalists on The Rise!

Genocide and Ethnic Cleansing by Zionist ‘666’ Israel !!!

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

August 23, 2012 Posted by | GeoPolitics, Social Trends | , , , , , , , , | Comments Off on Violence Against Palestinian Journalists on The Rise!

TSA Moving Out of Airports and Into The Streets!

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Federal Court Rules Banksters Can Steal Pensions!

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Syria War Consequences Totally Unpredictable!

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Greek Great Depression: Everybody Going Down into Black Hole!

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Obama’s Shocking 2nd Term Plans for America Revealed !

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European Central Bank To Gain Control Of 6,000 Euro Zone Banks!

  • Illuminist banksters are consolidating their power. This is simply the destruction of national sovereignties. The next stage is the merger of the FedRes and ECB (and BOJ??) to form a Global Supra-National Central Bank (very likely a merger into a IMF 2.0) !

    Global Tyranny
    One of the most ambitious and visionary schemes of this period was put forth in a book entitled Plan for Permanent Peace by Hans Heymann, a German economist and refugee who held a research and teaching post at Rutgers University. Funded by the Carnegie Endowment for International Peace, a perpetual front of world order schemes … Heymann … detailed his scheme for a global superstate headed by a Federal World Authority, a Bank of Nations (with three branches: the Hemisphere Bank, Europa Bank, and the Oriental Bank), and a World Army, Navy, and Air Force. Plan for Permanent Peace includes several ambitious fold-out maps and diagrams detailing the monstrous bureaucracy needed to regiment the hapless citizens of the proposed planetary union.

    European Central Bank To Gain Control Of 6,000 Euro Zone Banks

    by http://blog.alexanderhiggins.com/ 
    The ECB is set to gain the supervisory power over 6,000 banks in the euro area, including savings banks and public regional banks.

    The European Central Bank will “supervise” 6,000 banks in the euro area, including savings banks and regional German public banks, but the degree of direct supervision may vary depending on the banks and the involvement of other regulators.

    The German newspaper Handelsblatt reported in its Friday edition that sources from the European Commission (EC), the European Union’s executive, wants the ECB to gain supervision of euro zone banks and not only those included in the European Stability Mechanism (ESM), the EC confirmed today.

    With the proposal, the EC faces the German Government, as Chancellor Angela Merkel said the EU summit in late June that it is only necessary that the ECB monitor the 25 largest banks in the euro area, that is the ones considered to be in the ESM system.

    Community spokesman Internal Market and Financial Services, Stefaan De Rynck, said today that the EC is still working on the proposal, which will be presented around September 11, but that a single monitoring system should apply the common rules consistently throughout the Union Bank and all financial actors. This is the bankers attempt to turn a supposed financial rescue into a financial power grab, as it was detailed in the memo of understanding (MoU).

    “We have seen in the past that systemic risks can arise from banks that are not mentioned much in the media and suddenly become systemic, so it is difficult to define what is a large bank, which is a systemic bank, so we have to ensure that the union bank supervisory system to be able to cover all the banks,” he said.

    read more!

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August 23, 2012 Posted by | Economics | , , , | Comments Off on European Central Bank To Gain Control Of 6,000 Euro Zone Banks!

Attention Financial Terrorists: Wall St. is Hiring!

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Ned Naylor-Leyland: Gold & Silver Parmanent Backwardation Omen of Total Meltdown!

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Mofaz Demands Clarifications from Netanyahu Over His “Intention To Lead Israel To War with Iran”!

What is all the BS about Iran being a nuclear threat? It is pure propaganda and outright lies by the Zionists!

  • Both Obama and NUTenyahu are Illuminist puppets. Removing Obama will pose a major obstacle to the Illuminists. But not forever and not for very long IMO. Similarly, Romney is another Illuminist money power puppet. He will IMO toe the line ie.: push for war with Iran. This war with Iran has been on the drawing/planning board for a few decades. It is not something the Illuminists will abandon. If you believe Ehud Barak and NUTenyahu, that only 500 Israelis will die and the war will last at most 30 days: you are a certifiable idiot.
  • This coming war with Iran (and Syria) will be the start of the Greater Middle East war and the Satanic World War 3. More people, in power, need to speak up to stop this war. No one needs this war. Oil price will skyrocket! It will send the world into a global economic, financial and currency collapse! (emphasis mine)

    Albert Pike’s Satanic World War 3 Plan
    The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other. Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…more!

    Demands Clarifications from Netanyahu Over his “Intention to lead Israel to War with Iran”! 
    by http://larouchepac.com/ 
    Ha’aretz reported Monday morning that Israel’s opposition head, retired General and former Defense Minister Shaul Mofaz, sent Prime Minister Benjamin Netanyahu a letter today demanding an urgent meeting on the Iranian issue. “I ask that this meeting be convened without delay, and address your intention to lead Israel to war,” Mofaz wrote. According to law, the prime minister must brief the opposition head on a monthly basis.

    Mofaz attached a classified document, copies of which were also sent to Defense Minister Ehud Barak, Attorney General Yehuda Weinstein and the chairman of the Knesset’s Foreign Affairs and Defense Committee.  According to Army Radio, the attached document included a number of questions concerning Israel’s preparedness for a war with Iran and relations with the U.S.

    Mofaz accused Netanyahu and his top ministers of “crossing red lines and neglecting the public discourse” on the most intimate security-related issues,” saying this conduct “has become customary for you and your government.”  Whatever the motives are for not publicly discussing these issues, Mofaz added, they do not serve Israel’s interests.

    The Kadima chairman added that an Israeli attack on Iran’s nuclear facilities would only achieve limited results, alongside “loss of life, grave damage to the home front and deep erosion of Israel’s political situation—such action is immoral and operationally illogical under the circumstances.”

    Mofaz also criticized Netanyahu’s response to Israeli President Shimon Peres’ televised objections to an attack.  “The unrestrained attack you led against the President over the weekend points to a general loss of senses and control,” he wrote.  “It seems that you have lost self-control and control over the group of your anonymous advisers,” he concluded, adding that the degree of hysteria projected by the prime minister reflects “a grave picture illustrated by your true intentions at this time.”

    But what leading Israelis cannot say, even though many know it, is that the source of the problem is Barack Obama.  Remove him, and the problem is gone.

Why is genocidal madman Netanyahu screaming for war with Iran? It is all about the global petrodollar hegemony all about the coming Luciferian New World Order!

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August 23, 2012 Posted by | GeoPolitics | , , , , , , , , , , | Comments Off on Mofaz Demands Clarifications from Netanyahu Over His “Intention To Lead Israel To War with Iran”!

Japanese Trade Implosion Sends Futures To Lows!

  • Japanese Trade Implosion Sends Futures To Lows! 
    by Tyler Durden, http://www.zerohedge.com/ 
    Somewhat disastrous trade balance data from Japan – with exports dramatically worse-than-expected (EU exports -25.1% YoY) and imports worse-than-expected (which will come as no surprise to any ZH reader given Europe’s depression and our discussion of world trade here) – has crushed JPY crosses overnight (especially AUDJPY) which is exactly what we said at the close today was required to extend today’s equity weakness. Sure enough, S&P 500 futures are down over 6 points from the close now – and trading below day-session lows.

    For those too lazy to click on the hyperlink above, here again is the chart we showed earlier in the year when we gloated over the now rotting carcasses of decouplers everywhere (looks like decoupling has been “greenshot” again, hopefully this time for good), which explains why without a healthy Europe there can never be a global recovery:

    read more!

Stunningly, European exports are -25.1% YoY!

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August 23, 2012 Posted by | Economics | , , , , , | Comments Off on Japanese Trade Implosion Sends Futures To Lows!

Gold & Silver Off To The Races!

  • Gold & Silver off to the races! 
    by Egon von Greyerz, http://goldswitzerland.com/ 
    Last week was the 41st anniversary of one of the most disastrous days in world history. The 15th of August 1971 was a fatal day for the world economy and is likely to lead to more human misery than any world war. This was the day when Nixon closed the gold window which led to governments worldwide creating endless amounts of worthless paper money. The resulting credit bubble has created a world debt exposure of over US$ 1 quadrillion (including derivatives). It has also created perceived wealth for big parts of the world‘s population – a wealth which is only backed by promises to pay and by grossly inflated assets. Few people realise that this wealth is totally illusory and will implode considerably faster than the time it took to create it.

    Gold reveals the truth
    Gold reveals governments’ deceitful actions in destroying the value of paper money and the wealth of nations. This is why most Western governments dislike gold. Because gold tells the truth and the truth is that since August 1971 the US dollar has declined 98% in real terms.

    As Voltaire said in 1729; All paper money eventually returns to its intrinsic value – ZERO.

    Before this debt cycle comes to an end in the next few years, the dollar and most major currencies are likely to finish their move down against gold and lose 100% of their value. Since 98 % has already been lost in the last forty-one years, there is really not far to go. The final fall of currencies will be as a result of the unlimited money printing that governments will embark upon in the next few months in order to endeavour to “save” the world economy. But money printing does not save anything. It just exacerbates the situation. You cannot ever become debt free by issuing more debt and you cannot create prosperity with worthless pieces of paper.

    The system is bankrupt

    There has never before been a time in history when most sovereign nations are bankrupt and when the financial system only survives due to false accounting. (Banks are allowed to value worthless toxic debt at maturity value rather than market value). So sadly we are now likely to start the next phase in the world economy which is a hyperinflationary depression. Hyperinflation arises as a result of money printing which leads to the currency collapsing. Whilst the price of most goods and services go up dramatically with hyperinflation, most of the assets that were financed by the credit bubble like stocks, bonds and property will collapse in real terms i.e. against gold.

    Europe vs the USA
    For the last couple of years, all the focus has been on the travails of the Eurozone countries. The Eurozone individual members’ dilemma is that, unlike the USA, they cannot print money. German political pressure stops that country from printing money for the Greeks to retire at 55 or to support the Spanish banks from collapsing. Germany is in a massive dilemma because if they contribute to the Eurozone’s money printing, they will increase their exposure and throw good money after bad. Also, it would be unacceptable politically. But if they don’t print, the German government and banks are likely to lose in excess of €1 trillion which is their total exposure to the weaker European economies. Thus a virtual lose – lose dilemma for Germany.

    The focus on the Eurozone countries will soon move West across the pond. Virtually every important economic figure in the USA is worse than in Europe. Both US debt to GDP and budget deficit to GDP are worse than Spain’s. And Spain is seen as a basket case. Real US unemployment (23%) is also much worse than in most European countries. Also, if toxic debt and derivatives are included, US bank balance sheets are looking very sick.  JP Morgan alone has a $100 trillion derivative exposure. And we know how quickly derivatives become worthless with JPM’s latest $6 billion write off. In addition, the US annual federal deficit is likely to remain in the trillions for many, many years to come. These amounts dwarf anything happening in Europe.

    read more!

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Syria And Iran Dominos Lead To World War!

  • This is an excellent piece. It highlights what I have been warning about for the past few years. The Illuminists want to initiate a global economic, financial and currency collapse; and trigger their Satanic World War 3 to lay the groundwork for the coming Luciferian New World Order. Excerpts: (emphasis mine)

    Syria And Iran Dominos Lead To World War! 
    Submitted by Brandon Smith of Alt-Market blog, www.zerohedge.com
    Almost three years ago I wrote an analytical piece on the concept of deliberately engineering wars, big and small, by elitists to distract the masses away from particular global developments that work to the benefit of the establishment power structure.  That article was entitled ‘Will The Globalists Trigger Yet Another World War?’:

    http://www.alt-market.com/neithercorp/press/2010/01/will-globalists-trigger-yet-another-world-war/

    In that analysis, I concluded that since at least 2008, the power’s that be (whether posing as Republicans or Democrats) had set in a motion a series of events that revolved around Iran, and most disturbingly, Syria, which could be used to trigger a vast global war scenario.  Today, unfortunately, it seems my concerns were more than valid, and circumstances evolving in that particular region are dire indeed.

    I would submit that the previous threats of war that came and went are absolutely nothing in comparison to the danger today.

    Syria’s civil war has developed into something quite frightening, well beyond the blind insurrections of the so-called “Arab Spring”.  So many outside interests (especially U.S. interests) are involved in the conflict it is impossible to tell whether there are actually any real revolutionaries in Syria anymore.  This unsettling of the country’s foundation has taken a turn which I warned about recently, namely, the removal of UN monitors from the area, which was announced only days ago: http://in.reuters.com/article/2012/08/16/syria-crisis-idINL6E8JGDXH20120816

    The removal of UN monitors is a sign that some kind of strike is near the horizon. Accusations of potential “chemical weapons stores” in Syria are being floated by the Department of Defense as a clear cut rationale for invasion, and Israel has essentially admitted that an attack on Iran is not only on the table but beyond planning stages into near implementation.  Even Israeli citizens are openly worried that their government is “serious” this time in its calls for preemptive attack, stockpiling gas masks and even protesting against the policy:

    http://www.bloomberg.com/news/2012-08-14/israel-plans-for-iran-strike-as-citizens-say-government-serious.html

    The tension of the atmosphere surrounding this crisis is unlike anything the Middle East has seen in decades, and that includes the U.S. invasions of Iraq and Afghanistan. But before we can understand the true gravity of this situation, we must first confront some misconceptions…

    Firstly, I realize that there are many people out there who have natural and conditioned inclinations towards the hatred of Muslim nations.  There are also just as many people out there who are inclined to distrust the intentions of the government of Israel.  Both sides make good points on occasion, and both sides also have a tendency to get lazy, painting with a ridiculously broad brush and blaming all the woes of the world on one side or the other so that they don’t have to think through the complexities of globalism and the one world technocratic club, or accept that “Al-Qaeda” is not the biggest threat to peace and stability.  It’s much easier to convict an entire race, or an entire religion, than it is to comprehend the mechanizations of an elite minority that plays both sides off each other.
    ….
    Here are the facts.  Here is exactly what will happen if the U.S., NATO, or Israel, enter into a hot war with either Iran or Syria, and the results are not optimistic:

    1)  Syria And Iran Will Join Forces
    In 2006, Iran and Syria signed a mutual defense treaty in response to the growing possibility of conflict with the West.  Both countries are highly inclined to fulfill this treaty, and it would seem that Iran is already doing so, at least financially, as Syria spirals into civil war.  In fact, the U.S. supported insurgency in Syria was likely developed in order to strain or test the mutual aid treaty.  Given that the CFR is now applauding Al-Qaeda for its efforts in destabilizing the country, I hardly find it outlandish to suggest that the entire rebellion is being at least loosely organized by NATO interests to either draw Iran into open military support of Assad and a weakening proxy war, or to remove Syria from the equation in preparation for a strike on Iran itself (take notice that whenever the mainstream media shows images of Syrian rebels, they are always smiling or looking valiant with guns held high; a typical subliminal tactic used to paint them as “the good guys”):

    http://www.cfr.org/syria/al-qaedas-specter-syria/p28782

    2)  Iran Will Shut Down The Strait Of Hormuz
    With all the grandstanding at the Department of Defense, you would think that the Hormuz is a non-issue.  This is a mistake.  The strait is around 21 miles wide at its narrowest point which lays right off the coast of Iran, however, of that 21 miles only two safe shipping lanes are available, each measuring a miniscule 2 miles across.  Hormuz is one of two of the most vital oil transit checkpoints in the world, and approximately 20% of all oil produced passes through it.  The logistics for blocking the two working shipping lanes on the strait are simple given the existence of the new Ghader Missile System, which Iran tested successfully this year.  The weapon is specifically designed as a “ship-killer” with the ability to travel at Mach 3, and evade most known radar methods:

    http://www.usatoday.com/news/world/story/2012-01-01/iran-missile-test/52318422/1

    In the tightly boxed in waterways of the Hormuz, a large scale and difficult to track missile attack would be devastating to any Navy present, and would turn the sea lanes into a junk yard impossible to navigate for oil tankers.  Result?  A catastrophic inflationary event in oil around the world, making gasoline unaffordable for most people and most uses.  The EU’s recent move to stockpile oil in preparation for an Iran strike reveals the seriousness of the situation:

    http://www.euractiv.com/energy/europe-starts-piling-oil-iran-wa-news-514340

    3)  Israeli Action Will Draw In The U.S.
    Forget what the U.S. Joint Chief of Staff General Martin Dempsey says; the U.S. will absolutely involve itself militarily in Iran or Syria following an Israeli strike.  To begin with, there is no way around a supporting or primary role, especially when Iran closes the Strait of Hormuz.  With 20% of the world’s oil supply on hiatus, at least half of the American populace will be crying out for U.S. military involvement.  Guaranteed.  Dempsey’s claim that Israel may not get American support is simply a charade meant to infer that the subversion of Syria and Iran is not necessarily a joint venture, which it absolutely is.  There is zero chance that an Israeli strike will not be met with frantic calls by the Pentagon and the White House to open the floodgates of U.S. military might and protect one of our few “democratic allies” in the Middle East.

    4)  Syria Will Receive Support From Russia And China
    The Russian government has clearly stated on numerous occasions that they will not step back during a strike against Syria, and has even begun positioning naval ships and extra troops at is permanent base off the coast of Tartus,
    a development which I have been warning about for years:

    http://www.reuters.com/article/2012/08/03/us-syria-russia-navy-idUSBRE8720AO20120803

    Tartus is Russia’s only naval base outside the periphery of its borders, and is strategically imperative to the nation.  Action by the U.S. or Israel against Syria would invariably ellicit, at the very least, economic retaliation, and at the most, Russian military involvement and possible widespread war.

    http://www.reuters.com/article/2012/08/21/us-syria-crisis-idUSBRE8610SH20120821 

    China, on the other hand, will likely respond with full scale financial retaliation, up to and including a dump of U.S. Treasury Bonds (a move which they have been preparing for since 2005 anyway).  With oil prices skyrocketing due to increased Middle Eastern distress, multiple countries including the BRIC trading bloc nations and most of the ASEAN trading bloc will have the perfect excuse to dump the dollar, allowing for the introduction of the IMF’s newly revamped SDR (Special Drawing Rights) global currency mechanism to take hold.

    Syria is the key to what I believe will be an attempt on the part of globalists within our government to actually coax a volatile conflict into being, a conflict that will create ample cover for the final push towards global currency, and eventually, global governance.

    5)  Economic Implosion Will Become “Secondary”…To The Banksters’ Benefit
    In the minds of the general public, the economic distress that we will soon face regardless of whether or not there is ever a war with Iran and Syria will be an afterthought, at least for a time, if the threat of global combat becomes reality.  The fog of war is a fantastic cover for all kind of crime, most especially the economic kind.  Sizable wars naturally inhibit markets and cause erratic flux in capital flows.  Anything, and I mean anything, can be blamed on a war, even the destruction of the U.S. economy and the dollar.  Of course, the real culprits (international and central banks) which have been corrupting and dismantling the American fiscal structure for decades will benefit most from the distraction.

    Syria and Iran are, in a way, the first dominos in a long chain of terrible events.  This chain, as chaotic as it seems, leads to only one end result:  Third world status for almost every country on the planet, including the U.S., leaving the financial institutions, like monetary grim reapers, to swoop in and gather up the pieces that remain to be fashioned into a kind of Frankenstein economy.  A fiscal golem.  A global monstrosity that removes all sovereignty whether real or imagined and centralizes the decision making processes of humanity into the hands of a morally bankrupt few.

    For those on the side of Israel, the U.S., and NATO, and for those on the side of the Middle East, Russia China, etc., the bottom line is, there will be no winners.  There is no “best case scenario”.  There will be no victory parade, for anyone.  There will be no great reformation or peace in the cradle of civilization.  The only people celebrating at the end of the calamitous hostilities will be the hyper-moneyed power addicted .01%, who will celebrate their global coup in private, laughing as the rest of the world burns itself out, and comes begging them for help.

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August 23, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Comments Off on Syria And Iran Dominos Lead To World War!