Socio-Economics History Blog

Socio-Economics & History Commentary

A Full Blown Global Economic Crisis Is Headed Our Way

  • Published on Sep 21, 2015
    Moody’s downgrades France and says will not be able to be paid off. Caterpillar sales have been contracting for 33 consecutive months in a row. Existing homes sales implode. US profits have never been so week outside a recession. Jim Rogers says there is a global crisis headed our way. Martin Armstrong says all hell is going to break loose. Russia purchases more gold. All economic indicators are contracting now which will lead to a full blown economic crisis.

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September 22, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , | Comments Off on A Full Blown Global Economic Crisis Is Headed Our Way

There Are Indications That A Major Financial Event In Germany Could Be Imminent

Newspaper-With-Financial-Collapse

  • There Are Indications That A Major Financial Event In Germany Could Be Imminent
    by Michael Snyder, http://theeconomiccollapseblog.com/
    Is something about to happen in Germany that will shake the entire world?  According to disturbing new intel that I have received, a major financial event in Germany could be imminent.  Now when I say imminent, I do not mean to suggest that it will happen tomorrow.  But I do believe that we have entered a season of time when another “Lehman Brothers moment” may occur.  Most observers tend to regard Germany as the strong hub that is holding the rest of Europe together economically, but the truth is that serious trouble is brewing under the surface.  As I write this, the German DAX stock index is down close to 20 percent from the all-time high that was set back in April, and there are lots of signs of turmoil at Germany’s largest bank.  There are very few banks in the world that are more prestigious or more influential than Deutsche Bank, and it has been making headlines for all of the wrong reasons recently.

    Just like we saw with Lehman Brothers, banks that are “too big to fail” don’t suddenly collapse overnight.  The truth is that there are always warning signs in advance if you look closely enough.

    In early 2014, shares of Deutsche Bank were trading above 50 dollars a share.  Since that time, they have fallen by more than 40 percent, and they are now trading below 29 dollars a share. It is common knowledge that the corporate culture at Deutsche Bank is deeply corrupt, and the bank has been exceedingly reckless in recent years. If you are exceedingly reckless and you win all the time, that is okay.  Unfortunately for Deutsche Bank, they have increasingly been on the losing end of things.

    Prior to the “sudden collapse” of Lehman Brothers on September 15th, 2008, there had been media reports of mass layoffs at the firm.  To give you just a couple of examples, CNBC reported on this on March 10th, 2008and the New York Times reported on this on August 28th, 2008. When big banks start getting into serious trouble, this is what they do.  They start getting rid of staff.  That is why the massive job cuts that Deutsche Bank just announced are so troubling… 

    read more.

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September 22, 2015 Posted by | Economics | , , , , , , , , , , , | Comments Off on There Are Indications That A Major Financial Event In Germany Could Be Imminent

Alex Jones Full Show: Russia and ISIS Go Head to Head – 09/21/2015

  • Published on Sep 21, 2015
    On the Monday, September 21 edition of the Alex Jones Show, clueless Obama supporters sign a petition calling for the US to nuke North Korea. Also, John Kerry announces the US will take on 200,000 refugees, and a new Gallup poll shows half of Americans believe the federal government is “an immediate threat to the rights and freedoms of ordinary citizens.” On today’s show, Former Minnesota Governor Jesse Ventura joins the program to break down the federal government’s encroachment on civil liberties, and gives his take on the 2016 presidential election and the European migrant crisis. Also, Alex Jones is “free to go” after TSA harasses him over a jar of grape jelly, and the police state goes overboard everywhere the pope visits.

Canada-you_r_more_likely_to_be_killed_by_a_moose_than_by_a_terrorist_dont_let_politicians_manipulate_u

http://sputniknews.com/us/20150308/1019233816.html

Click on image for article.

http://www.justice.org/cps/rde/justice/hs.xsl/8677.htm

To all those who insist on being paranoid by the US Government’s TERRORISM psyop: Beware of doctors, hospitals! They kill at least 1000 times more people than terrorists! Be alert, watch them, report their suspicious activities! They are out to get you!

http://www.infowars.com/report-more-people-killed-by-bees-drowning-in-bath-than-from-terrorism/

More people are killed by bees and drowning in bath tubs than terrorism! Global War on Terror is an Illuminist psyop HOAX! Click on image for article!

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September 22, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , | Comments Off on Alex Jones Full Show: Russia and ISIS Go Head to Head – 09/21/2015

U.S. Media Blackout: Russian Troops Clash With ISIS?

  • Published on Sep 21, 2015
    Alex Jones covers the fact that ISIS has attacked a Russian air-force base in an attempt to destroy a group of advanced jet fighters.

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September 22, 2015 Posted by | GeoPolitics | , , , , , , , , , , , | Comments Off on U.S. Media Blackout: Russian Troops Clash With ISIS?

Infowars Nightly News – The Pope is a Weapon for Global Destruction

September 22, 2015 Posted by | GeoPolitics, Social Trends | , , , , , , , | Comments Off on Infowars Nightly News – The Pope is a Weapon for Global Destruction

Illuminati Pig Sex Initiation Ritual – David Cameron – Prime Minister of UK – Accused

  • Published on Sep 21, 2015
    David Cameron, Prime Minister of the United Kingdom, is being accused of engaging in a sex act with a dead pig as part of an initiation ritual into an exclusive secret society while he was a student at Oxford University. The allegations are being made by Lord Ashcroft who was once the Deputy Chairman of the Conservative Party, not just some random “conspiracy theorist.”
http://www.mirror.co.uk/news/uk-news/david-cameron-put-private-parts-6484611

Click on image for article.

http://www.express.co.uk/news/politics/606695/David-Cameron-dead-pig-private-part-Oxford-University-student-Prime-Minister

Click on image for article.

http://www.dailymail.co.uk/news/article-3242550/Cameron-pig-bemused-look-face-future-PM-took-outrageous-initiation-ceremony-joining-Oxford-dining-society.html

Click on image for article.

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September 22, 2015 Posted by | GeoPolitics, Social Trends | , , , , , | Comments Off on Illuminati Pig Sex Initiation Ritual – David Cameron – Prime Minister of UK – Accused

Israeli Forces Kidnap 11 Palestinian Children in East Al-Quds / Jerusalem

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

Genocide of Palestinian children by Zionist ‘666’ Israel, the Satanic counterfeit!

  • Israeli Forces Kidnap 11 Palestinian Children in East Al-Quds / Jerusalem
    by http://www.presstv.com/  
    Israeli forces have abducted at least 11 Palestinian children during a series of raids on a number of houses across the Israeli-occupied Old City of al-Quds (Jerusalem).

    The Palestinian Wadi Hilweh Information Center said eight minors were arrested on Monday as Israeli military vehicles rolled into Ras al-Amud neighborhood of East al-Quds (Jerusalem). The center added that three children were also detained in al-Issawiya neighborhood of East al-Quds.

    In recent months, Israeli forces have frequently raided the houses of Palestinians in the West Bank, arresting dozens of people, who are then transferred to Israeli prisons, where they are kept without charge. There have been many reports about the deteriorating health of Palestinian prisoners held inside Israeli jails. 

    More than 7,000 Palestinians are reportedly held in 17 Israeli prisons and detention camps. Moreover, 540 Palestinians are held without any trial under the so-called administrative detention, which is a sort of imprisonment without trial or charge that allows Israel to incarcerate Palestinians for up to six months. The detention order can be renewed for indefinite periods of time. 

    Defense for Children International-Palestine (DCIP), in a report released on September 17, stated that nearly 2,000 Palestinian children have lost their lives at the hands of Israeli military forces and illegal settlers over the past 15 years.

    read more.

IDF_Soldier_David_Ovadia-I_killed_13_children_today

https://twitter.com/Palestinianism/status/489462448303640576/photo/1

4 Palestinian children playing football on the beach killed by IDF. Click on image to goto Twitter.

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.

http://www.dailymail.co.uk/news/article-1164222/Boy-11-used-human-shield-Israeli-soldiers-gunfire-Gaza-claims-UN.html

Click on image for article.

Noam_chomsky-It_is_not_War_it_is_murder_by_Zionist_Israel

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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September 22, 2015 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , | Comments Off on Israeli Forces Kidnap 11 Palestinian Children in East Al-Quds / Jerusalem

Born Again Babylon: U.N. Plan To Bring in Luciferian Global State

“The goal … is to reduce the world’s population as fast as possible from seven billion to 500 million.” – Quote

  • Emphasis mine:
  • Born Again Babylon: U.N. Plan To Bring in Luciferian Global State
    by Paul McGuire, September 21, 2015, www.NewsWithViews.com
    THE U.N. PLAN “TRANSFORMING OUR WORLD: The 2030 AGENDA FOR SUSTAINABLE DEVELOPMENT”
    From September 25 – 27th 2015 the United Nations will present its new fifteen-year plan entitled “Transforming Our World: The 2030 Agenda for Sustainable Development.” Pope Francis will attend to proclaim The Gospel of “Sustainable Development,” and world leaders and the heads of powerful Non-Governmental Organizations (NGOs) will organize a planetary transformation so monumental that Nimrod would be proud. This UN plan masquerades as global movement that will end poverty everywhere on Earth through “sustainable development,” “social justice,” and “equal rights to economic resources.”


    How do the elite globalists plan to do this? They are going to do it with socialist/Marxist wealth redistribution where through the force of “sustainable development” laws they are going to continue transferring the wealth of the hard working middle class in America and other nations to the “poor.” 

    Let’s really look at who owns the wealth on planet Earth right now. An organization named Oxfam, which is devoted to educating people about this disparity in wealth recently released information that by 2016 the elite and the very wealthy will own 99 percent of the global wealth. The combined wealth of the richest one percent will overtake that of the other 99 percent of people next year …

    So if it is the 1% who own 99% of the world’s wealth and the middle class and poor own only 1% of the world’s wealth, than why is it that the hard working American middle class are the target of Pope Francis and the U.N. programs for wealth redistribution? … All the “sustainable development,” “global warming” rules, taxes, laws, and restrictions, many of which are really coming from the United Nations, are designed to further lower the standard of living of the middle class so that soon there will just be one giant lower class and a super-upper class. The elite literally live like the richest kings and queens of the world’s greatest empires in ancient times and they are not bound by the same laws and restrictions the middle class is. … Agenda 21, which was promoted as a means of protecting our environment, building a better world and bringing in social justice, the exact opposite has happened. Agenda 21 over the last 23 years has created untold economic hardship, mass starvation and disease outbreaks, and has aggressively destroyed economic prosperity for billions of people all over the world. 

    Did the elite, scientists, politicians, social engineers, and the United Nations simply miscalculate, or was this part of the plan all along? The reality is that the true purpose of Agenda 21, “sustainable development” and now “Transforming Our World: The 2030 Agenda for Sustainable Development” was never really about making things better. … The real agenda of the globalist elite through all these “sustainable development” and “social justice” programs is to create a new global feudal state or a scientific dictatorship run by the elite. The goal in their own words and documented writing, which we spent seven years putting together in writing The Babylon Code, is to reduce the world’s population as fast as possible from seven billion to 500 million. In order to do that the elites need to create mass starvation food shortages, water shortages, plagues, and nuclear wars, and destroy people’s ability to make a decent livelihood. This may be problematic for some readers, but if you read the original writings of men like H.G. Wells, Aldous Huxley, Bertrand Russell, and others, they spelled out this exact game plan over 50 years ago. Remember these people do not believe in God; they do not believe in right and wrong; and many are involved in various forms of satanic worship. They believe in pure social Darwinism where “might makes right.”


    The United Nations is a de facto global government and does not rule by the “consent of the governed.” The United Nations is a global government to which American politicians of both parties have surrendered our Constitutional rights. If you look at the Republican Presidential debates you see the vast majority of those running are “bought men and women.” They are there to do the bidding of their true masters, the international banking families and their interlocking secret societies.

    Who are these powerful elite groups and the secret societies that run them? As we extensively document in our new book, The Babylon Code, … there exists a very real network of semi-secretive and secret groups. Groups like The Council on Foreign Relations, The Trilateral Commission, Royal Institute of International Affairs, United Nations, Club of Rome, The Bilderberg Group, and others control presidents, prime ministers, media networks, politicians, CEO’s, and entire nations. You will almost ever hear any substantive analysis by the media, which is controlled by these groups nor of attempts at holding them accountable by governments around the world.

    But when you investigate the nature, organizational structure, financing, and belief systems of the elite who control these groups, you discover overwhelming factual evidence, ... that these groups are controlled by powerful secret societies with very real occult and Luciferian beliefs. The existence of these secret societies and their multi-generational occult and Luciferian beliefs is concealed from the masses by the people controlling the media, education, politics, art, entertainment, and religion.

    read more.

3_Major_Stages_for_Luciferian_New_World_Order

New-World-Order_neo_Feudalist_System

Luciferian_New_World_Order_Koch_n_Spangler

The Illuminati Organization Chart. Source: www.stevequayle.com

The Illuminati Organization Chart. Source: http://www.stevequayle.com

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September 22, 2015 Posted by | EndTimes, GeoPolitics, Social Trends | , , , , , , , , , , , , , , | Comments Off on Born Again Babylon: U.N. Plan To Bring in Luciferian Global State

World Holds Breath, Waits for “Death of the Dollar”

The_End_of_the_Dollar_Russia_China_attacks

  • World Holds Breath, Waits for “Death of the Dollar”
    by , http://wolfstreet.com/  
    Dismantling the dollar hegemony one yuan at a time.
    I’ve been asked many times about the impending “death of the dollar.” I know some folks who expect the dang thing to die. They’re already envisioning the spectacle. An entire industry has sprung up to prepare and equip people for the moment when the dollar dies. It’s like insurance, the theme goes: hopefully you’ll never need it.

    But the dollar is a human creation, a fiat currency. It doesn’t have a life of its own. It’s managed, rigged, and manipulated. It’s an accounting entity, a (lousy) store of value, and a means of handling transactions so you don’t have to barter your first-born for a Lexus.

    As longs as it’s useful, the powers that be are going to keep it around. But over the long term, the dollar will do what it has done since the Fed was put in charge of it 100 years ago: it will lose value.

    And the “strong dollar” these days? Ah, the irony!
    It’s causing mayhem in the emerging markets where governments, corporations, and even consumers borrowed in dollars to save on interest. Now that their currencies are collapsing against the dollar, it’s getting very expensive to service these dollar debts, and they’re going to explode, and the holders of these debts are going to eat some big losses, unless they get bailed out again.


    This “strong dollar” dents US exports and boosts imports. US corporations use it liberally as an excuse for their sorry revenues and earnings. This is the value of the dollar in relationship to other currencies. These relationships are rigged to the nth degree. They go up and down and react to a million things, including central bank jawboning and monetary policies.

    read more.
http://www.rt.com/business/314732-china-oil-contracts-dollar-yuan/

The Satanic WW3 drums will escalate. Watch for explosions, ‘accidents’ … in China. Click on image for article.

http://www.rt.com/business/313967-putin-says-dump-dollar/

The war drums will beat even louder. Click on image for article.

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September 22, 2015 Posted by | Economics | , , , , , , , , , , , | Comments Off on World Holds Breath, Waits for “Death of the Dollar”

Saudis Spreading Radical Ideology, Causing Mass Murder, Destroying States: Ex-Iraqi Defense Minister

  • Published on Sep 21, 2015
    The 2003 invasion of Iraq is widely considered to have been a mistake, even by many policy makers in the US. But despite that recognition, the lesson was not learned and the pattern of catastrophic interventions in the region continued in subsequent years. How can the international community tackle the product of that chaos – the Islamic State, and could an all-encompassing regional agreement bring stability to the troubled region? Oksana is joined by Dr Ali Allawi, an Iraqi Cabinet Minister from 2003 to 2006, to analyse these issues.
http://www.strategic-culture.org/news/2011/10/26/the-doenmeh-the-middle-easts-most-whispered-secret-part-ii.html

Click on image for article.

http://www.ynetnews.com/articles/0,7340,L-3342999,00.html

Click on image for article.

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

This Satanic symbol has nothing to do with King David, the greatest king of Israel. It is the Satanic Hexagram from which we get the word ‘Hex’ ie. to curse or cast a spell ! Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

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September 22, 2015 Posted by | GeoPolitics | , , , , , , , , , , , , | Comments Off on Saudis Spreading Radical Ideology, Causing Mass Murder, Destroying States: Ex-Iraqi Defense Minister

Pharma Firm Hikes Life-Saving Drug Price by 5,500%

  • Published on Sep 21, 2015
    The medical community is outraged by a 5,500 % price hike for Daraprim, after a big NY-based pharmaceutical company purchased the patent for it. The drug has been on the market for over 60 years, and can be essential to certain AIDS and cancer treatments. The New York-based Turing Pharmaceuticals raised the price of Daraprim from $13.50 to $750 per pill in just over a month after buying the rights for the drug from Impax Laboratories.

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September 22, 2015 Posted by | Medicine & Health | , | Comments Off on Pharma Firm Hikes Life-Saving Drug Price by 5,500%

US Updating Contingency Plans for Possible War with Russia: US Officials

  • Published on Sep 20, 2015
    A former defense undersecretary has said that the Pentagon had to brush up on its out-of-date plans after the conflict in Ukraine flared up. According to Michèle Flournoy, Russia’s actions in eastern Ukraine prompted the reassessment, which is aimed at responding to any invasion against NATO members. This is the first time since the breakup of the Soviet Union that the US is reviewing its war plans for a possible confrontation with Russia. Moscow has repeatedly denied any involvement in the Ukraine crisis despite accusations by the Kiev government and its Western allies.

  • US Updating Contingency Plans for Possible War with Russia: US Officials 
    by http://www.presstv.com/  
    The United States is updating its contingency plans for a potential war with Russia for the first time since the collapse of the Soviet Union, according to US officials.

    The US Defense Department is re-evaluating its Cold War era military plans following increasing tensions between Washington and Moscow over the conflicts in Ukraine and Syria, the Foreign Policy magazine reported Friday, citing current and former Pentagon officials.

    “Given the security environment, given the actions of Russia, it has become apparent that we need to make sure to update the plans that we have in response to any potential aggression against any NATO allies,” says one senior Pentagon official familiar with the updated plans.

    “Russia’s invasion of eastern Ukraine made the US dust off its contingency plans,” says Michèle Flournoy, a former undersecretary of defense for policy and co-founder of the Center for a New American Security. “They were pretty out of date.”

    This would signal a major departure from post-Cold War US military policy. The policy shift came after Russia’s reunification with Crimea last year and the conflict in Eastern Ukraine.

    The Pentagon is also reviewing several hybrid warfare strategies, and even a nuclear attack. “As you look at published Russian doctrine, I do believe people are thinking about use of tactical nuclear weapons in a way that hadn’t been thought about for many years,” says the senior official who spoke on the condition of anonymity.

    The military strategy has two dimensions. One focuses on what the US would do as part of NATO if Russia attacks one of NATO’s member countries. The other plan considers US action outside the NATO alliance.

    The conflicts in Syria and Ukraine have significantly increased tensions between Russia and the US. Washington accuses Moscow of orchestrating an “illegitimate referendum to annex Crimea” and fueling unrest in eastern Ukraine. Moscow, however, has repeatedly denied having a role in the Ukraine conflict, despite accusations by Kiev and its Western backers.

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September 22, 2015 Posted by | GeoPolitics | , , , , , , , , , | Comments Off on US Updating Contingency Plans for Possible War with Russia: US Officials

NYTimes: Examining Who Runs the United States (Secret Govt – Illuminati)

http://www.nytimes.com/2015/09/15/us/examining-who-runs-the-united-states.html

Click on image for article.

Benjamin_Disraeli-World_is_governed_by_people_behind_the_scenes

http://www.rollingstone.com/politics/news/snowden-and-greenwald-the-men-who-leaked-the-secrets-20131204?page=4

Click on image for article.

Woodrow_Wilson_1913_US_Secret_Government

John_F_Kennedy_Exposing_Plot_to_enslave_every_man_woman_child

https://socioecohistory.wordpress.com/2014/02/03/john-f-kennedy-we-are-opposed-around-the-world-by-a-monolithic-and-ruthless-conspiracy-secret-societies-rule-the-world/

John_Rarick_Council_on_Foreign_Relations

Curtis_Dall_on_FDR_Council_on_Foregin_Relations_n_Great_Depression

Barry_Goldwater_on_Trilateral_Commission

September 22, 2015 Posted by | GeoPolitics | , , , , , , , , | Comments Off on NYTimes: Examining Who Runs the United States (Secret Govt – Illuminati)

British General Threatens Military Coup If Corbyn Elected

http://www.independent.co.uk/news/uk/politics/british-army-could-stage-mutiny-under-corbyn-says-senior-serving-general-10509742.html

Click on image for article.

  • British General Threatens Military Coup If Corbyn Elected
    by Tyler Durden, http://www.zerohedge.com  
    Well, don’t look now but the ascension of Jeremy Corbyn to the head of Britain’s Labour party has led at least one senior serving general to predict that a Corbyn government would face the very real possibility of a military “mutiny”. Here’s more from The Independent

    The unnamed general said members of the armed forces would begin directly and publicly challenging the labour leader if he tried to scrap Trident, pull out of Nato or announce “any plans to emasculate and shrink the size of the armed forces.”

    He told the Sunday Times: “The Army just wouldn’t stand for it. The general staff would not allow a prime minister to jeopardise the security of this country and I think people would use whatever means possible, fair or foul to prevent that. You can’t put a maverick in charge of a country’s security.

    “There would be mass resignations at all levels and you would face the very real prospect of an event which would effectively be a mutiny.”

    Meanwhile, the Ministry of Defense is not happy, and neither, apparently, are Corbyn’s political opponents who seemingly would prefer to live with a Corbyn government than see Britain relegated to the status of a mid-20th century South American banana republic. Here’s The Independent again

    “You can’t have serving officers effectively threatening a coup against an elected government,”
    they said. “This general seems to have forgotten that we live in a democracy.” A Ministry of Defence source said it was unacceptable for a serving officer to make political comments about a potential “future government”.


    read more.

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September 22, 2015 Posted by | GeoPolitics | , , , , | Comments Off on British General Threatens Military Coup If Corbyn Elected

Bill Holter: The FedRes Has Lost Control. The Only Thing that Remains is a Reset

  • Bill Holter: The FedRes Has Lost Control. The Only Thing that Remains is a Reset
    by Greg Hunter’sUSAWatchdog.com (Early Sunday Release) 
    Financial writer Bill Holter contends the recent announcement of the Federal Reserve not to raise rates means the “Fed has Lost Control.”Holter explains, “Whatever the Fed does is wrong. The reason I say that is because no matter what they do, they can’t fix what they have already done. There is no policy at this point that can repair where we are at this point as far as debt ratios, derivative outstanding and the money supply exploding. Nothing that they do now can fix it. The only thing that remains is a reset.”

    In the reset, Holter contends, “All debt will be impaired. . . . A reset is going to be a shutdown of the system. Everything will stop. When you are talking about bonds being impaired, you are probably going to see that start or begin in the derivatives market. The derivatives is the tail that has been wagging the dog for years. Derivatives are leverage, and you can use that leverage to control prices. If they can put $1 down and control $100, you can pretty much control the price of an asset, and that’s what they have done. They have supported stocks. They pushed interest rates down and supported bonds. They have suppressed gold and silver prices. They were able to paint a picture using derivatives with 100 to 1 or more of leverage, and when they lose control, that derivative chain between bank A, B, C and D is going to snap. When it snaps, the music stops and everything is going to stop. Once something does break, I don’t think it will take much more than 48 hours for you to wake up in the morning and find that nothing works. Your credit card doesn’t work. Your debit card doesn’t work. You go to your bank and the ATM doesn’t work, and nothing is going to work. The entire financial system will shut down. The reset will be the reopening. It’s not the closure that will kill you, it’s going to be the reopening. In the reopening, everything is going to be revalued. How long will it take to reopen? I have no idea. It could be a week, two weeks, one month, two months or six months. Who knows, but the financial landscape is going to look different, and values will be unrecognizable.”

    read more.

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September 22, 2015 Posted by | Economics, Social Trends | , , , , , , , , , , , , , , , , , | Comments Off on Bill Holter: The FedRes Has Lost Control. The Only Thing that Remains is a Reset