Socio-Economics History Blog

Socio-Economics & History Commentary

Rob Kirby: Economic Collapse Happening Now. We Are Very Close to the End !

  • Rob Kirby: Economic Collapse Happening Now. We Are Very Close to the End!
    by Greg Hunter’s USAWatchdog.com  (Early Sunday Release) 
    Macroeconomic analyst Rob Kirby’s predictions of a downward spiraling economy are coming true. Kirby contends, “I think the last time we spoke, it was in early December. I suggested that a window was opening where we were very likely to see some systemic breakdowns in our financial universe to likely start occurring. Low and behold, it looks like we are seeing the beginnings of exactly what we were speaking of. The reason why we are beginning to see these things start to unfold now is that everything we’ve been told by our financial elites . . . has basically been a lie or a false flag or fraudulent.”

    One of the many lies Kirby points out is the Fed’s recent rate hike because the economy had improved. Kirby disagrees and says, “My analysis says nothing could be further from the truth. . . . U.S. dollar reserve holdings have dropped close to $1 trillion in the last eight or nine months, and that’s on a global scale. What happens when reserves drop means that foreigners have been selling U.S. government securities. They are abandoning the dollar, and if foreigners are abandoning the dollar, the question is who’s buying them? The answer to who is buying the reserves is the U.S. Treasury itself. Specifically, it is the Exchange Stabilization Fund (ESF) within the U.S. Treasury.”

    Kirby goes on to explain, “Because the ESF is buying all these Treasuries that foreign countries are pitching . . . with off-book money these Treasuries do not show up in reserve accounts. This creates a real dichotomy. You’ve got these global U.S. dollar (USD) reserves dropping, but you have this illusion or gimmickry of a strong dollar. Remember, the dollar has been strengthening for the last 9 months. The dollar can’t keep getting stronger if the world is bailing on dollars. The drop in the USD reserves doesn’t support the narrative of a strong dollar. So, something had to be done to put reserves back into the system. . . . The Fed had to give the illusion of tightening and tighten once. . . . This is their attempt . . . to make their narrative sound believable that the dollar is strong and the world isn’t abandoning U.S. government securities.”

    Kirby contends that a collapse isn’t coming but is “already happening now.” Kirby explains, “I believe we are in the process.” How has this financial collapse been put off so long? Kirby says, “I have been known as a conspiracy theorist, a tin foil hat wearing conspiracy theorist for the last ten years of my life because I said the markets are rigged. Now, a former Fed President has come out and said ‘yes, we rigged the markets.’  So, how are you left? Of course, they have rigged the markets, and the sad thing is the rigging is going to get more extreme because these people are acting and operating like cornered rats. Cornered rats are very, very dangerous animals and can inflict a lot of damage. . . ”

    read more.

FedRes_ATM_Dollars_being_printed

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January 11, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Comments Off on Rob Kirby: Economic Collapse Happening Now. We Are Very Close to the End !

Dr. Jim Willie: Explosive Start to Year as Collapse Accelerates

  • Published on Jan 10, 2016
    Dr. Jim Willie joins me on Wake up and Live Radio to update us on important Economic / Financial / Geopolitical developments as 2016 gets started.


    • Arab Spring arrives in Saudi Arabia as House of Saud set to fall
    • True state of Chinese Economy
    • Stock Market heading south
    • Oil price still cratering (update on oil derivatives and how damaging it will be (is) for big banks.
    • Is the Fed engaged in stealth QE?
    • Retail catastrophe (no Black Friday / holiday season miracle) – Macy’s lays of thousands, who’s next?
    • Will Turkey be following Saudi Arabia’s coming revolution road map?
    • Will Iran become the Persian Empire again and be crowned the main player in the Middle East?

    Dr. Jim Willie website: http://www.goldenjackass.com
    Paul Sandhu website: http://www.wakeupandliveradio.com

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January 11, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Dr. Jim Willie: Explosive Start to Year as Collapse Accelerates

Gerald Celente: “As Predicted: The Panic Of 2016”

  • Published on Jan 9, 2016
    “As predicted August 6th, 2015 “The Panic Of 2016” has arrived, despite equities down gold prices have risen & “the civilian death toll in the Saudi war in Yemen continues to escalate with more than double the number killed in December than November”.

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China Contagion Spills Over To Hong Kong Banks As HIBOR Explodes To Record High, Stocks Tumble

Overnight_HIBOR-20160110

  • China Contagion Spills Over To Hong Kong Banks As HIBOR Explodes To Record High, Stocks Tumble
    by Tyler Durden, http://www.zerohedge.com  
    Chinese stocks are trading at the lows of the day afterOvernight HIBOR rates (Hong Kong’s interbank borrowing rate) exploded a stunning 939bps to a record high 13.4%. It is clear that banks are utterly desperate for liquidity and/or are extremely concerned about one another’s counterparty risk. This has dragged HSCEI down 5% (to its lowest since Oct 2011).

    Something just snapped… 
    Evidently the pressure between On- and Off-shore Yuan was too much for banks to bear… 
    Smashing Hang Seng China Enterprise Index down 5% to its lowest since October 2011

    read more.

Offshore_onshore_Yuan_spread_vs_overnight_HIBOR-20160110

HangSeng_China_Enterprise_index-20160110

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January 11, 2016 Posted by | Economics | , , , , | Comments Off on China Contagion Spills Over To Hong Kong Banks As HIBOR Explodes To Record High, Stocks Tumble

US Schools Punish Pro-Palestinian Students

  • Published on Jan 9, 2016
    A high school student in the US state of New Jersey has been accused of bullying her classmates by her school administrators. This, after the girl criticized Israel on social media.
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.

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January 11, 2016 Posted by | GeoPolitics, Social Trends | , , , , | Comments Off on US Schools Punish Pro-Palestinian Students

Israeli Forces Kill 2 Palestinians in West Bank

  • Published on Jan 9, 2016
    Israeli soldiers have shot and killed two Palestinians in the occupied West Bank. The incident took place at the Hamra checkpoint which connects the Jordan Valley area to the West Bank. They were shot dead for allegedly trying to stab Israeli soldiers, however no injuries have been reported. Tensions have been running high in the occupied territories since last October. At least 152 Palestinians have been killed by Israeli forces due to the violence.
http://rt.com/news/174144-south-america-gaza-genocide/

Click on image for article.

http://www.haaretz.com/opinion/.premium-1.604653

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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January 11, 2016 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , | Comments Off on Israeli Forces Kill 2 Palestinians in West Bank

German Minister: Cologne Sexual Attacks Likely “Organized”

  • War refugees or paid criminals to destabilize Europe?
  • Published on Jan 10, 2016
    More than 500 incidents have been reported so far in connection with violence during New Year festivities in the western German city of Cologne. Police say at least 516 cases have been filed over violence, forty percent of which are related to sexual assault. Nineteen suspects are under investigation. According to police, asylum seekers from North Africa make up the majority of suspects. The allegations have stoked criticism of Chancellor Angela Merkel’s open-door policy on refugees, which brought 1.1 million asylum seekers to Germany last year. In the meantime, German Justice Minister Heiko Maas described the rash of sexual assaults on New Year’s Eve in Cologne as organized. He said the case will take on a new dimension if it is proven that the assaults were coordinated.

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Germany: Thousands Protest Over Mass Sex Assaults by Migrants

  • Published on Jan 10, 2016
    The horrifying mass sexual assaults that occurred in Cologne and other German cities on New Year’s Eve, as well as the subsequent cover-up of those events by the government and the media, has led to protests by the anti-migrant group known as PEGIDA. According to police estimates 1,700 people joined the North Rhine-Westphalian chapter of PEGIDA at the Cologne train station on Saturday.


    They were met with 1,300 left-wing counter protesters, who decried the PEGIDA protesters, the sexual assaults against women, and Germany’s archaic sexual assault laws. 2000 state and federal police were present to keep the two groups apart. Reports have since trickled in, revealing that the police have used tear gas and water cannons against the right-wing protesters, after the police claimed that members of PEGIDA threw bottles and fire crackers at their officers. As a result, several of the protesters were arrested.

    http://www.dcclothesline.com/2016/01/…

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US Flies B-52 Over Korean Peninsula in Demonstration of ‘Strength & Capabilities’

  • Published on Jan 10, 2016
    The United States has deployed a strategic B-52 bomber for a low altitude demonstrative flight over South Korea to demonstrate the alliance’s might and determination following North Korea’s latest provocative underground nuclear test.

http://www.biblegateway.com/passage/?search=Revelation+6%3A2&version=NKJV

  • Every time peace threatens to break out, the Satanic cabal will employ their agent provocateurs, their rogue nations … to subvert it. North Korea is controlled/owned by the Illuminati same as US, Europe, Russia, China … Who supplied North Korea with the nuclear technology? Ex US Secretary of Defense Donald Rumsfeld. Who supplied Iraq (Saddam Hussein) with WMDs, chemical weapons? United States of America, Donald Rumsfeld.
  • The sheeple think it is war between: US+South Korea+Japan vs North Korea, US+Europe(NATO) vs Russia, US+Japan+Philippines … vs China … In reality, it is: Satan and his minions vs the Rest of Humanity. This coming Satanic WW3 is to lay the foundation for the coming of the Anti-Christ, the fake messiah, the bringer of false peace … the white horseman of Revelation 6. He, the Anti-Christ, will bring about ‘PEACE’ in a world wrecked by global wars.
  • All the ‘news’, fear mongering, war mongering … are Illuminist psyops against the sheeple to drive them, herd them towards the Satanic WW3.
http://www.democracynow.org/2003/5/2/did_donald_rumsfeld_aid_north_koreas

America supplied North Korea the nuclear technology. Click on image for article.

http://www.guardian.co.uk/world/2003/may/09/nuclear.northkorea

Click on image to goto article.

Donald Rumsfeld -Reagan's Envoy- provided Iraq with chemical & biological weapons in the 1980s. Seen here shaking hands with Saddam Hussein.

Donald Rumsfeld -Reagan’s Envoy- provided Iraq with chemical & biological weapons in the 1980s. Seen here shaking hands with Saddam Hussein.

http://www.guardian.co.uk/world/2002/dec/31/iraq.politics

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http://www.dailymail.co.uk/news/article-153210/Rumsfeld-helped-Iraq-chemical-weapons.html

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http://www.foreignpolicy.com/articles/2013/08/25/secret_cia_files_prove_america_helped_saddam_as_he_gassed_iran

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http://www.telegraph.co.uk/technology/google/9817335/Eric-Schmidts-daughter-lifts-lid-on-very-strange-North-Korea.html

Strange visit by Illuminati Bilderberger Eric Schmidt to North Korea. Click on image for article!

https://socioecohistory.wordpress.com/2013/02/22/left-in-the-dark-secret-u-s-military-flights-carried-officials-equipment-to-n-korea/

Why all the secrecy? And why deny Japan info? Click on image to goto article!

From: Vintage 'Trees' music video. All humanity forming a pyramid worshipping, welcoming the Satanic capstone! The Anti-Christ, the bringer of false peace, the white horseman of Revelation 6 ! The completion of the New World Order project, in a world wrecked by global wars, collapse and chaos!

From: Vintage ‘Trees’ music video. All humanity forming a pyramid worshipping, welcoming the Satanic capstone! The Anti-Christ, the bringer of false peace, the white horseman of Revelation 6 ! The completion of the New World Order project, in a world wrecked by global wars, collapse and chaos!

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January 11, 2016 Posted by | EndTimes, GeoPolitics | , , , , , , , , , , , , , | Comments Off on US Flies B-52 Over Korean Peninsula in Demonstration of ‘Strength & Capabilities’

Declassified Footage: Iranian Vessels Fire Rockets Near US Aircraft Carrier in Strait of Hormuz

  • Published on Jan 9, 2016
    The US Navy has released a video showing Iranian Revolutionary Guard vessels fire rockets in the Strait of Hormuz in response to a Freedom of Information Act request.

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January 11, 2016 Posted by | GeoPolitics | , , , | Comments Off on Declassified Footage: Iranian Vessels Fire Rockets Near US Aircraft Carrier in Strait of Hormuz

Global Central Banks Are Facing a Crisis Larger Than 2008… And With Little to No Fire Power Left!

Ron_Paul_Merger_of_ECB_FedRes_BOJ_WorldCentralBank

  • This coming global economic, financial and currency collapse is a deliberately engineered event. By making national and regional central banks look weak, inept and incapable of solving the crisis, the Satanic cabal will recommend/institute a Global Supra-National Central Bank on the path to ‘666’. All national/regional central banks will largely be obsolete or subservient to this Global Supra-National Central Bank under the Anti-Christ World Government.
  • Global Central Banks Are Facing a Crisis Larger Than 2008… And With Little to No Fire Power Left!
    by Tyler Durden, http://www.zerohedge.com  
    There is talk of another 2008 hitting the markets. However, what’s coming will not be another 2008. It will be worse than 2008. There are several reasons for this.

    Firstly, today, there is over $20 trillion more debt in the financial system than there was in 2008. If 2008 was a debt bubble that needed to burst; today the bubble is even larger.

    Secondly, Central Bankers have already employed both ZIRP and NIRP for years. In 2008, we had only just begun to experience ZIRP in the West and NIRP was still considered a “nuclear option” that bordered on insanity. Today both ZIRP and NIRP are commonplace. Indeed, the EU has cut rates into NIRP three times in the last 18 months. The world has watched as these actions have barely resulted in an uptick in the EU’s inflation.

    Central Bankers have also employed Quantitative Easing, another “nuclear option” that had yet to be unleashed back in 2008 (the Fed launched the first QE program in December 2008).

    To date, global Central Banks have printed over $14 trillion in new money to buy bonds via QE. Even banking systems in which the legality of QE was questionable, such as the EU, have launched QE programs that are €1 trillion or larger.

    These programs have been massive in scope. In Japan, a single QE program equal to 25% of GDP was launched in April 2013. Japanese GDP growth barely moved higher before once again rolling over.  Even an expansion of this already incredible monetary policy in October 2014 failed to ignite significant growth for Japan’s economy.

    read more.

Carroll_Quigley_Tragedy_n_Hope2

http://www.thenewamerican.com/economy/economics/item/20833-imf-the-new-global-fed

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

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

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January 11, 2016 Posted by | Economics | , , , , , , , , , , , , , , , , , | Comments Off on Global Central Banks Are Facing a Crisis Larger Than 2008… And With Little to No Fire Power Left!

Security Experts Fear ‘European 9/11’ in the Coming Year

http://rt.com/uk/237133-gadaffi-colonel-cousin-terror/

Click on image for article.

  • Security Experts Fear ‘European 9/11’ in the Coming Year
    by AFP, via http://www.todayonline.com/  
    PARIS — Just a week into the year, France has already been rattled by an attempted attack on a police station, but counter-terrorism officials have far graver fears for Europe in 2016.

    November’s attacks in Paris, in which 130 people were killed by Islamic State group jihadists, showed the trauma that could be caused by a group of men with Kalashnikov rifles, but experts fear it could be just the start.

    “Unfortunately, I think 2015 was nothing,” a counter-terrorism official told AFP on condition of anonymity. “We are moving towards a European 9/11: simultaneous attacks on the same day in several countries, several places. A very coordinated thing. We know the terrorists are working on this,” he added.

    He said the Islamic State group was recruiting and training Europeans “with the goal of sending them back to hit their countries of origin”. “They have the necessary false documents, the mastery of the language, the sites, the weapons. We stop a lot of them, but it must be recognised that we are overwhelmed. Some will get through — some already have.”

    Recent arrests of jihadists returning from Syria and Iraq have added to concerns, he said. “The profiles are changing. We are seeing ultra-radical guys return, very battle-hardened, who should have stayed over there. “Before we mostly had guys returning who had made a mistake, who didn’t realise that war can be painful. But now, we are seeing guys return who are sticking to their chosen path.”

    read more.
http://www.express.co.uk/news/world/607737/ISIS-plan-Islamic-nuclear-holocaust-wipe-hundreds-millions-from-face-earth

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http://www.dailymail.co.uk/news/article-3253789/Isis-planning-nuclear-holocaust-wipe-hundreds-millions-face-earth-claims-reporter-embedded-extremists.html

The psychological warfare against the sheeple can only be successful with the aid of the Illuminist MSM. Click on image for article.

http://www.dailymail.co.uk/news/article-3093244/ISIS-claims-infinitely-closer-buying-nuclear-weapon-Pakistan-smuggling-US.html

ISIS(ISIL), Al Qaeda, Boko Haram … aka CIA jihadists. Click on image for article.

http://sputniknews.com/middleeast/20150523/1022481189.html

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https://hendersonlefthook.wordpress.com/2015/02/17/all-islamic-terrorism-funded-by-british-crown/

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January 11, 2016 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , , , , , | Comments Off on Security Experts Fear ‘European 9/11’ in the Coming Year

Iran, India to Settle Outstanding Crude Oil Dues in Rupees

Death_of_dollar_RIP

  • Iran, India to Settle Outstanding Crude Oil Dues in Rupees
    by Amitav Ranjan | New Delhi, http://indianexpress.com/  
    The payment agreement needs amendment as tax exemption is contingent on the pact notified by the Centre in January 2012 which allows only 45 percent of oil payments in rupees.
    – 
    Ditching the dollar, Iran and India have agreed to settle all outstanding crude oil dues in rupees in preparation to future trade in their national currencies. The dollar dues — $6.5 billion equaling 55 per cent of oil payment — would be deposited in National Iranian Oil Co account with Indian banks.

    Sources said work was underway to amend the agreement with Iran to allow entire crude oil payment to be made in rupees. “Finance Ministry is moving a Cabinet note on withholding tax exemption on oil payments,” they said.

    Since 2013, Indian refiners have been depositing 45 per cent of their oil payments to Iran in rupees with UCO Bank and withholding the remainder after a payment route through Turkey’s Halkbank was stopped under US and European sanctions.

    The payment agreement needs amendment as tax exemption is contingent on the pact notified by the Centre in January 2012 which allows only 45 percent of oil payments in rupees. Budget 2012-13 exempted Indian refiners from withholding 40 per cent tax while paying NIOC.

    Sources said IDBI Bank, which is also highly insulated from global sanctions due to lack of overseas presence, would be authorised to open a joint account in which $4 billion would be parked for non-oil imports.

    The remaining $2.5 billion would be deposited in UCO Bank. “One option being considered is to provide a $150 million loan to Iran for the development of Chabahar port through UCO Bank,” said sources.

    Sources added that Iran also plans to use these rupee deposits in Indian banks as collateral for printing more rials through its central bank. And once the sanctions are lifted, they said, a large share would be transferred to Iran through conversion in Euros.

    read more.

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January 11, 2016 Posted by | Economics | , , , , | Comments Off on Iran, India to Settle Outstanding Crude Oil Dues in Rupees

Rail Shipments Plummet to Recessionary Levels

Global economic and financial train wreck coming!

Global economic and financial train wreck coming!

  • Rail Shipments Plummet to Recessionary Levels
    by , http://wolfstreet.com/  
    “Weaknesses in energy and manufacturing, as well as world economic softening, had a negative impact on both carload and intermodal traffic in 2015.” Those were the encouraging words of John T. Gray, Senior VP of Policy and Economics at the Association of American Railroads (AAR).

    Transportation is a measure of how well the real economy is clicking. Alas rail traffic is getting clobbered. 

    The deterioration in the second half of 2015 dragged the whole year down from 2014: carloads fell 6.1%, according to the AAR, while intermodal containers and trailers edged up 1.6%, for a total decline of 2.5%. But the deterioration late in the year was a doozie.

    In December, total volume dropped 8.9% year over year, with both components down: even intermodal containers and trailers, which had been holding up for much of the year, edged down 0.7%; and carloads (bulk commodities, autos, and the like) plunged 15.6%.

    Only four of the 20 carload categories showed gains, and they’re relatively small categories: miscellaneous carloads, up 46.6%; motor vehicles and parts, up 5.2% (that relentlessly booming auto sector); chemicals, up 0.7%; and waste and scrap, up 3.3%.

    But the big ones got crushed: carloads of coal, the largest category – done in by the low price of US natural gas emanating from the collapsing natural gas industry – plunged 27.9%; metallic ores, the second-largest category, plunged 39.1%; and petroleum and petroleum products, the third largest category, plunged 20.5%. The commodities rout is tearing into railroads with a vengeance!

    And then there was last week’s rail traffic!
    Christine Hughes, Chief Investment Strategist at OtterWood Capital, put it this way: “Rail volumes at recessionary levels.”

    Last week rail carload data showed volumes fell 10.1% on a year-over-year basis resulting in the longest period of sustained weakness since 2009. Rail carloads have now fallen 5% on a year-over-year basis for the past 11 consecutive weeks. Over the last 30 years this has only happened five times and each occurrence either overlapped or preceded a recession by a few quarters.

    And she added this nerve-wracking chart. Note the steep plunge to -10% at the right edge. The last three times this occurred, the economy was either entering a recession or was already deep into a recession:

    read more.

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January 11, 2016 Posted by | Economics | , , , , | Comments Off on Rail Shipments Plummet to Recessionary Levels

Global Warming HOAX: Fudging the Global Temperature Record

http://www.thenewamerican.com/tech/environment/item/22288-fudging-the-global-temperature-record

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http://www.thenewamerican.com/tech/environment/item/18300-climategate-3-0-university-threatens-blogger-for-exposing-97-consensus-fraud

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http://www.telegraph.co.uk/earth/environment/10916086/The-scandal-of-fiddled-global-warming-data.html

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http://dailycaller.com/2015/06/04/noaa-fiddles-with-climate-data-to-erase-the-15-year-global-warming-hiatus/

Click on image for article.

http://www.wnd.com/2015/02/global-warming-only-the-data-is-heated/

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