Socio-Economics History Blog

Socio-Economics & History Commentary

Bill Holter: The System is Going to Go Down

  • Greg Hunter Published on Jun 23, 2018
    Financial writer and precious metals expert Bill Holter thinks a debt reset is coming soon, and the powers that be are planning it. Holter explains, “I think the discussion is about timing and how the system is going to come down. There are also discussions of what is going to be the next reserve currency. I think that’s the discussion that is going on behind the scenes for two or three years, or longer. The problem is too much debt, and we know from the past when debt bubbles grow and grow and get too big, they pop. This is the biggest debt bubble by many multiples of any bubble anytime in history. When the debt bubble blows up, everything runs on credit, and that means things are not going to run. It’s going to be somewhat dysfunctional. We are right on the cusp of the yield curve inverting, and history shows when that happens, we have a 100% chance of going into a recession. . . . I think this year the truth that we lived above our living standards is coming out, and we are going to have to pay the piper. I don’t know when . . . but the system is going to go down.”
http://www.newdawnmagazine.com/Article/A_Global_Central_Bank_Global_Currency_World_Government.html

Click on image for article.

9 Jan 1988 cover, The Economist: Get Ready for a World Currency by 2018! The Rise of the Phoenix world currency from the ashes of national fiat currencies ie. destruction of fiat currencies via hyperinflation. “Phoenix” is of course an occult metaphor. Out of the destruction, the ashes of the old world order, the Luciferian New World Order will rise like a Phoenix!

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June 24, 2018 Posted by | Economics | , , , , , , , , , , , , , , , | Comments Off on Bill Holter: The System is Going to Go Down

Iran Expects Europe to Voice Proposals for Preserving Nuclear Deal by July

  • Iran Expects Europe to Voice Proposals for Preserving Nuclear Deal by July
    by http://tass.com/
    MOSCOW, June 24. /TASS/. Tehran expects its European partners to put forward a package of proposals to preserve the Joint Comprehensive Plan of Action (JCPOA) on the Islamic Republic’s nuclear program, Iran’s Press TV reported on Saturday, citing a senior diplomat.

    The TV channel quoted Deputy Foreign Minister Abbas Araghchi as saying that the three European nations that had signed the nuclear pact – United Kingdom, Germany and France – promised to roll out a package of measures to satisfy Tehran’s demands, including those related to oil sales and transit.

    The Joint Comprehensive Plan of Action (JCPOA), known as the deal on Iran’s nuclear program, was signed between Iran and six international mediators (the United Kingdom, Germany, China, Russia, the United States, and France) on July 14, 2015. On January 16, 2016, the parties to the deal announced beginning of its implementation. Under the deal, Iran undertakes to curb its nuclear activities and place them under total control of the International Atomic Energy Agency (IAEA) in exchange of abandonment of the sanctions imposed previously by the United Nations Security Council, the European Union and the United States over its nuclear program.

    On May 8, US President Donald Trump announced Washington’s decision to withdraw from the Iran nuclear deal as it, in his words, the agreement leaves Iran a possibility to create a nuclear bomb bypassing all the restrictions. He promised to reinstate the previous anti-Iranian sanctions and even impose tighter ones. Iranian President Hassan Rouhani reiterated his country’s commitment to the deal, saying Teheran will continue to implement its liabilities. However, he added that the European Union should guarantee that Tehran’s benefits, agreed under the JCPOA, remain in place.

https://www.biblegateway.com/passage/?search=Daniel+9%3A27&version=NKJV

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June 24, 2018 Posted by | EndTimes, GeoPolitics | , , , , | Comments Off on Iran Expects Europe to Voice Proposals for Preserving Nuclear Deal by July

Dazzling Fireball Streaks Across Sky Over European Russia

  • Sign of the coming of fallen angels, cast down to earth?
  • Dazzling Fireball Streaks Across Sky Over European Russia
    by https://www.rt.com/, 22 June 2018
    Residents of the European part of Russia have reported a bright fireball lighting up the sky, which was emitting a blinding light. Theories on social media varied from a simple meteor to aliens arriving for World Cup 2018.

    The glowing object was spotted in the sky from Voronezh, Lipetsk, Tula and Oryol regions on Thursday morning, according to photos and videos released on Russian social media network VKontakte.

    “Is it a meteor?” “Is it an explosion?” people wondered. Others suggested that it was a space object, like an asteroid. Some conspiracy-lovers claimed that the fireball was connected to military exercises held somewhere nearby. “Probably they fired [something] during the drill,” one person wrote.

    read more.

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June 24, 2018 Posted by | Social Trends | , , | Comments Off on Dazzling Fireball Streaks Across Sky Over European Russia

Germany’s Refugee Row: Can Merkel Survive? | DW English

  • DW English Published on Jun 22, 2018
    Chancellor Merkel has her back to the wall as tensions mount in Germany’s refugee row. The question is: Can she come up with a solution to prevent her government from being blown apart?

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June 24, 2018 Posted by | GeoPolitics, Social Trends | , , , | Comments Off on Germany’s Refugee Row: Can Merkel Survive? | DW English

Trump Envoy Discusses US Proposal for Gaza with Sisi: Sinai to be Pivotal to the “Deal of the Century”

Note: the idea of expanding Gaza into the Sinai desert is BOGUS. The Zionists want to expel all Palestinians in Gaza into the Sinai desert.

  • The plan by the Zionists is to force the Palestinians into the North Sinai desert. Emphasis mine:
  • Trump Envoy Discusses US Proposal for Gaza with Sisi: Sinai to be Pivotal to the “Deal of the Century”
    by Asmahan Soliman, Translated by Salma Khalifa, https://www.madamasr.com/en
    Reports: Sinai to be pivotal to the “deal of the century”
    The visit to Cairo by Jared Kushner, US President Donald Trump’s son-in-law and senior advisor, and Jason Greenblatt, Trump’s special envoy to the Middle East, concluded on Thursday after a few hours.

    The US delegation’s brief time in the Egyptian capital was spent in talks with President Abdel Fattah al-Sisi, according to a statement released by Egypt’s Office of the President. The meeting between Sisi, Kushner and Greenblatt was also attended by Foreign Minister Sameh Shoukry and acting General Intelligence Service Director Abbas Kamel.

    In a short statement released on Thursday addressing the meeting in Cairo, the White House noted that the US delegation “discussed increasing cooperation between the United States and Egypt, the need to facilitate humanitarian relief to Gaza, and the Trump administration’s efforts to facilitate peace between the Israelis and [the] Palestinians.”
    ….
    Egyptian, US and European diplomatic sources, who spoke to Mada Masr shortly before Kushner and Greenblatt’s visit, say that the deal includes security and economic arrangements on the border between Egypt and the Palestinian territories and the Egyptian-Israeli border, as well as several projects in Sinai that are expected to be “central” to the deal, which the White House seeks to propose as the final resolution to the Palestinian issue. Nonetheless, the sources say that, while there have been shows of a preliminary endorsement for the deal from the US’s Arab allies, including those in Cairo, a declaration of a resolution to the conflict will remain difficult without addressing the political process.

    According to these sources, the US’s concept involves the construction of a joint port on the Mediterranean between the Egyptian and Palestinian cities of Rafah. This would act as a prelude to extensive economic activity, for which North Sinai would serve as a hub, and would include five principal projects that would be funded by Saudi Arabia and the UAE, with a labor force that would be two-thirds Palestinian from the Gaza Strip and one-third Egyptian.

    The sources also say that locating these projects on Egyptian territory was an Israeli condition, as they would be under the security protection of Egypt, which would undertake monitoring the passage of individuals between the Gaza Strip and the new industrial zone. According to the US source, it would constitute “a free zone that connects Egypt and Gaza, and brings about a significant economic boom for the Gaza Strip, while contributing to the development endeavors in Sinai.”

    This was corroborated by several reports that were published in the Israeli media over the past few days, conveying details on the US-proposed deal — which focuses on improving the humanitarian and economic situation in Gaza — as disclosed by Arab and Israeli sources. The Israeli newspaper Haaretz quotes sources as saying that the energy supply crisis in the besieged strip is sought to be tackled first. One option being discussed is a solar energy plant that would be built to the west of the Egyptian border, near the city of Arish. According to the Haaretz report, “among long-term projects […] would be the construction of a port in northern Sinai and the building of a […] water desalination plant,” as well as other projects in North Sinai, with funding from the Gulf. “Such undertakings could create jobs for thousands of [Palestinians in Gaza,]” the report reads.

    read more.
https://socioecohistory.wordpress.com/2014/09/29/the-fulfilment-of-revelation-12-the-plan-to-force-palestinians-into-sinai/

The Palestinians are the REAL Jews of the Bible!
Remember: Revelation 12:6 (CEV) 6 The woman ran into the desert to a place that God had prepared for her. There she would be taken care of for one thousand two hundred sixty days.”
The Sinai peninsula is a desert. Click on image for article!

https://electronicintifada.net/content/israels-surprising-best-seller-contradicts-founding-ideology/7753

http://blogs.timesofisrael.com/most-palestinians-are-descendants-of-jews/

Click on image for article.

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June 24, 2018 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , , , | Comments Off on Trump Envoy Discusses US Proposal for Gaza with Sisi: Sinai to be Pivotal to the “Deal of the Century”

BUSTED! CNN/Time Knew Little Girl Was Never Separated From Her Mother

  • Fox News Published on Jun 22, 2018
    TIME Magazine’s latest cover shows President Trump staring down the viral image of a little girl crying while her mother was being detained by Border Patrol. FOX News Channel (FNC) is a 24-hour all-encompassing news service dedicated to delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most watched television news channel for more than 16 years and according to a Suffolk University/USA Today poll, is the most trusted television news source in the country. Owned by 21st Century Fox, FNC is available in more than 90 million homes and dominates the cable news landscape, routinely notching the top ten programs in the genre.

  • The Alex Jones Channel Published on Jun 20, 2018
    Trump puts an end to the policy created by his predecessors, though he will likely still not receive credit.

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June 24, 2018 Posted by | GeoPolitics, Social Trends | , , , , , , , | Comments Off on BUSTED! CNN/Time Knew Little Girl Was Never Separated From Her Mother

MSM Caught In Massive Hoax Against Trump And Trump Supporters. Leaked Footage of CNN Staging Migrant Crisis

  • The Alex Jones Channel Published on Jun 22, 2018
    Everybody Hurts. Rush Limbaugh says the recent images of children separated at the border is a manufactured crisis engineered by the liberal media. Meanwhile the usual suspects shed liberal tears over the Fake News they created to persuade the American people into supporting wide open borders and amnesty for all.

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June 24, 2018 Posted by | GeoPolitics, Social Trends | , , , , , , , | Comments Off on MSM Caught In Massive Hoax Against Trump And Trump Supporters. Leaked Footage of CNN Staging Migrant Crisis

Satanic Culture Wants Men To Wear Corsets And Satin Pants

June 24, 2018 Posted by | GeoPolitics, Social Trends | , , , , , | Comments Off on Satanic Culture Wants Men To Wear Corsets And Satin Pants

Trump’s Goal to Keep China from Using ‘Nuclear Option’ of Dumping US Debt – Max Keiser

  • Trump’s Goal to Keep China from Using ‘Nuclear Option’ of Dumping US Debt – Max Keiser
    by https://www.rt.com/
    President Donald Trump is cutting US military spending to be less exposed to the skyrocketing interest rates that would become unavoidable when China opts to dump US Treasury bonds, Max Keiser has told RT.

    “To understand US trade policies – and in particular Trump’s policies on China – from Trump’s point of view you have to think like Trump,”
     the host of RT’s Keiser Report explained. “When Trump took office, he inherited the biggest debt load that any country had ever accumulated. He also inherited a military budget that eats up 50 percent of America’s annual tax revenues of $1.5 trillion.”

    According to Keiser, after taking the helm as president, Donald Trump realized it was vital to reduce defense spending to pare the huge US debt.

    “He looked at the geo-political chess board and saw that – the low hanging fruit, in terms of saving money – is America’s huge military spending in South Korea,”
    said Keiser, stressing that after the historic summit with North Korean leader Kim Jing-un the US would start pulling military presence out of the region.


    The US president is currently arranging deals with Saudi Arabia and Israel, in preparation for the US pulling out of the Middle East as well, Keiser added, highlighting that Trump had previously signaled to Germany that the US would to cut its military presence in NATO there too.

    “That brings us to China, and the ‘nuclear option’ they have of dumping US treasuries to financially attack America. This is their one big play. Trump knows it, and he’s been protecting the US against it,”
     the financial commentator said.


    Downsizing the Pentagon, according to Keiser, will shrink US debt, diminishing the possibility of a Chinese financial attack via the dumping of US bonds.

    read more.

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June 24, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Comments Off on Trump’s Goal to Keep China from Using ‘Nuclear Option’ of Dumping US Debt – Max Keiser