Socio-Economics History Blog

Socio-Economics & History Commentary

Aussie Media Push Globalists’ “Cash Is For Criminals” Narrative

world_war_on_cash

http://www.abc.net.au/news/2016-10-21/world-awash-with-cash-fuels-illegal-activity/7933250

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http://www.armstrongeconomics.com/archives/30862

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http://english.pravda.ru/news/business/19-05-2015/130638-cash-0/

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November 30, 2016 Posted by | Economics, EndTimes, Social Trends | , , , , , , , , , , , , , , , | Leave a comment

The War On Cash Goes Nuclear In India, Australia and Across The World

world_war_on_cash

  • The War On Cash Goes Nuclear In India, Australia and Across The World
    by We are living in a world where paper fiat money is becoming a novelty. In Australia, Citibank has just become the first to declare that it no longer will accept notes or coins. Only digital transactions. This follows on the heels of India banning large cash denominations.

    The cash-oriented changes of these two countries are especially troubling in light of the eventual plans to phase out large denomination euro notes and the US 100 dollar bill by 2018.  Just as the Economist predicted nearly 30 years ago, the world is going cashless.

    A few days ago we wrote (here) about how the Reserve Bank of India eliminated 500 and 1000 rupee banknotes from the money supply. These notes represent 20% of the cash value in circulation and 80% of cash outstanding in the country.

    The main reason India has been combating cash in conjunction with selling off gold, is because people in the “black” or “free” Indian marketplace were supposedly circumventing the financial system by conducting business and then slowly buying physical gold with large denomination bills.

    Since the transactions were not being tracked or monitored, it was much easier to hide earnings from the government trying to extort them. So naturally, being a greedy crime syndicate that operates parasitically on extorted funds, the government is putting a stop to something that it views as an ongoing, expanding threat.

    Of course, there’s a reason why Indian women wear their wealth – gold and silver – on their bodies. Indians have been through this before. Indian societies are very old, perhaps the oldest in the world, and they’ve gone through numerous metals confiscations in the past.

    Of course, what’s going on is not being described as a “confiscation.” So far, reasons to remove cash are not coordinated. In India, it’s because of “corruption.” In Australia, it’s supposedly because customers simply don’t want or need cash.

    Citibank’s Australian head of retail banking Janine Copelin stated, “We have seen a steady decline in the demand for cash services in our branches — in fact less than 4% of Citi customers have used this service in the last 12 months.”

    Which is both believable and possible considering most people don’t understand the significant benefits of paying with cash or don’t care that the government and banks are able to track their every move and transaction. Then again, Citi could simply be exaggerating.

    It’s the same mentality that people inside the US had and continue to have after they learned that the NSA was tracking all their information after Edward Snowden’s revelations.

    A lot of people responded by saying that they have nothing to hide and therefore nothing to worry about. “Let the government track me all they want, we have to stop the criminals and terrorists”. The criminals and terrorists ARE the government, dummies. But, that’s what government indoctrination camps (schools) are for.

    read more.
http://www.bloomberg.com/news/articles/2016-11-13/australia-should-follow-india-and-scrap-big-bank-notes-ubs-says

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http://english.pravda.ru/news/business/19-05-2015/130638-cash-0/

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http://www.armstrongeconomics.com/archives/30862

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http://www.bloomberg.com/news/articles/2016-05-02/inside-the-secret-meeting-where-wall-street-tested-digital-cash

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November 16, 2016 Posted by | Economics, EndTimes | , , , , , , , , , | Leave a comment

Banks Are Preparing For A Nuclear Financial Event

  • Published on Aug 29, 2016
    Australia’s private homes sales decline by 9.7%. 10,000 retail employees might lose their jobs. Spending declines as the collapse take hold. Dallas Fed declines which is flashing red warning lights that we are now entering into a deep recession. US Government/central bank pushing for a cashless society. New SEC rule comes into effect which will push cash into Government Treasuries. Major banks in the private western central bank world are preparing for an apocalyptic financial crisis.
http://www.wsj.com/articles/preparing-for-a-world-without-cash-147035

Subscription needed. Click on image for article.

http://www.bloomberg.com/news/articles/2016-05-02/inside-the-secret-meeting-where-wall-street-tested-digital-cash

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http://www.armstrongeconomics.com/archives/30862

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http://english.pravda.ru/news/business/19-05-2015/130638-cash-0/

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August 31, 2016 Posted by | Economics, EndTimes, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , | Comments Off on Banks Are Preparing For A Nuclear Financial Event

Whiff of Panic Among Australia’s Biggest Banks?

http://www.smh.com.au/business/the-economy/the-charts-that-suggest-the-housing-bubble-is-out-of-control-20160224-gn2b46.html

The charts that suggest the housing bubble is out of control. Click on image for article.

  • Whiff of Panic Among Australia’s Biggest Banks?
    by , http://wolfstreet.com/  
    “Australia’s WTF Moment”
    Australian bank regulators that had for years practically encouraged the big four Australian banks to do whatever it takes to further inflate the housing bubble suddenly fretted publicly in April about the banks’ exposure not only to housing but also to China. And now something strange has happened that set off all kinds of warning sirens.


    On August 2, the Reserve Bank of Australia (RBA) lowered its target “cash rate” by 25 basis points to 1.50%. And what did the banks do? Something so strange it smelled of panic.

    Everything is nearly hunky-dory around the globe and in Australia, the RBA said to rationalize the rate cut, but it mentioned some squiggles in Australia’s housing market. And since about two-thirds of the assets of the big four banks are loans to the property sector, particularly mortgages, the RBA is getting nervous. It mentioned the oncoming tsunami of supply of housing units, tightening lending standards, and the pull-back of maxed out potential homebuyers. It seems the RBA fears that something is going to prick the Australian housing bubble and take down the banks.

    The big four banks – Commonwealth Bank of Australia (CBA), Australia & New Zealand Banking Group (ANZ), Westpac Banking Corp (WBC), and National Australia Bank (NAB) – are a special breed. Their total assets amount to 220% of Australia’s GDP!

    read more.

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August 5, 2016 Posted by | Economics | , , , , , | Comments Off on Whiff of Panic Among Australia’s Biggest Banks?

Factory Orders And Trucking Have Imploded, Recovery, I Think Not

  • Published on Aug 4, 2016
    Retail spending in Australia slows. Initial jobless claims rise as Challenger Gray and Christmas report more layoffs. Millennials are now living paycheck to paycheck. Class 8 trucking declines and at the same time factory order decline for 20 consecutive months. Brits are now taking their currency out of the banks and hiding it under the mattress. The people in Venezuela are now killing zoo animals for food.

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August 5, 2016 Posted by | Economics, Social Trends | , , , , , , , , , , , | Comments Off on Factory Orders And Trucking Have Imploded, Recovery, I Think Not

European Banking System Collapsing Now! Next up, Sovereign Bonds?

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  • European Banking System Collapsing Now! Next up, Sovereign Bonds?
    by , http://www.milesfranklin.com/
    Unequivocally, the rubber is hitting the road NOW!  So much so, I believe “last to go” markets are in danger of being overwhelmed by the chaotically scrambling, Keystone Kop-like, terminally cancerous “powers that be.”  And by “last to go,” I don’t just mean the gold and silver markets, which are being swamped by exploding physical demand, collapsing production, vanishing inventories, and history’s most violently PM-bullish political, economic, and monetary environment.  No, I mean everything else; including hideously overvalued stock markets – which cumulatively, will either crash into oblivion, or hyper-inflate Zimbabwe style; with the result, in either case, being the biggest real losses of all time.  To that end, kudos to Gordon Long, who in this article, opened my eyes to the massive head and shoulders top formation in global stock markets, which is breaking down as we speak; ominously, led by financials.  Which is exactly why he – and I – anticipate Central banks are about to go “all in” on hyperinflation.


    To that end, today’s Japanese fiscal stimulus announcement (following last week’s Bank of Japan pronouncement that it is doubling its stock market purchases); this morning’s Royal Bank of Australia rate cut; and next week’s imminent Bank of England rate cut and QE announcement; are just the tip of what will be history’s biggest monetary iceberg.  Just under the surface – where as you know, the majority of icebergs lie – the Federal Reserve is lying in wait, praying it can avoid re-joining the overt QE ranks before the election.  But irrespective of the timing, I assure you they will retake the mantle of lunatic, overt money printing and asset monetization from the ECB and BOJ before long.  And when they do, there’s no telling if 2008-style crash or Weimar-like hyperinflation will win the day.  Which, in either case, will yield a massive crash in the dollar’s value against real money, irrespective of how it performs  against other collapsing fiat toilet paper.

    read more.

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August 3, 2016 Posted by | Economics | , , , , , , , , , , , , , , , , | Comments Off on European Banking System Collapsing Now! Next up, Sovereign Bonds?

Chinese State Media Calls Australia ‘an Ideal Target to Strike’ in Event of South China Sea Patrol

http://www.japantimes.co.jp/news/2016/07/31/asia-pacific/politics-diplomacy-asia-pacific/chinese-state-media-calls-australia-an-ideal-target-to-strike-in-event-of-south-china-sea-patrol/#.V6FYMrh97b0

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Paracel_islands_Spratly_islands_disputed_claims_by_China_philippines_Vietnam_Malaysia_Brunei

http://www.stopthecrime.net/Henry-Makow---Illuminati----(2008).PDF

Click on image for pdf E-book.

http://www.stopthecrime.net/Henry-Makow---Illuminati----(2008).PDF

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August 3, 2016 Posted by | GeoPolitics | , , , , , | Comments Off on Chinese State Media Calls Australia ‘an Ideal Target to Strike’ in Event of South China Sea Patrol

A Prominent Chinese Media Outlet Has Launched a Scathing Attack on Australia

http://www.news.com.au/world/asia/a-prominent-chinese-media-outlet-has-launched-a-scathing-attack-on-australia/news-story/e598957ee9b972aa809b3f59827c3fd3

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You can either believe that the Rothschilds have God like powers to end wars, or my explanation that they (the Illuminati) are behind these wars in the first place!

You can either believe that the Rothschilds have God like powers to end wars, or my explanation that they (the Illuminati) are behind these wars in the first place!

Benjamin_Disraeli-World_is_governed_by_people_behind_the_scenes

Denis_Healey_World_Events_Do_Not_Occur_by_Accident_but_r_Staged_n_Managed

Franklin_D_Roosevelt-In_Politics_nothing_happens_by_accident_it_was_planned_that_way

bankster_war_debt_creation_financing_both_sides

August 3, 2016 Posted by | GeoPolitics | , , , , , | Comments Off on A Prominent Chinese Media Outlet Has Launched a Scathing Attack on Australia

‘We Must Take Revenge’ Chinese Call for WAR with Australia Over South China Sea Dispute

http://www.globaltimes.cn/content/997320.shtml

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  • ‘We Must Take Revenge’ Chinese Call for WAR with Australia Over South China Sea Dispute
    by SIMON OSBORNE, http://www.express.co.uk/  
    CHINESE state-run media has urged war against Australia in a bitter dispute over the South China Sea.
    – 
    The Global Times said Australia was “an ideal target for China to warn and strike” if it ventured into the contested waters. The hardline nationalist newspaper warned “Australia Will Learn its Lesson” for supporting a ruling by the international arbitration tribunal at The Hague opposing Beijing’s historical claims to the South China Sea. 

    Beijing denounced the decision and has refused to abide by the tribunal’s findings arguing that the court lacked requisite jurisdiction because China never submitted to such arbitration.

    Australia, along with US and Japan, has called on Beijing to act in accordance with the ruling claiming it was China’s responsibility under international law even though Canberra, Washington, and Tokyo are not parties to the territorial dispute.

    The Global Times described Australia a “country with an inglorious history” that was “first an offshore prison of the UK” and was “established through uncivilised means, in a process filled with the tears of the aboriginals.” It also attacked Australia’s position on the South China Sea dispute as a blatant attempt to curry favour with the US saying that Canberra “intends to suppress China so as to gain a bargaining chip for economic interests”.

    read more.
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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August 3, 2016 Posted by | GeoPolitics | , , , , , , , | Comments Off on ‘We Must Take Revenge’ Chinese Call for WAR with Australia Over South China Sea Dispute

Chinese Media: Australia an ‘Ideal Target to Strike’ Over South China Sea

http://sputniknews.com/news/20160731/1043812909/Beijing-canberra-australia-china-dispute.html

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  • IMO, the 3 arms of the Synagogue of Satan: the western Illuminati, Russian and Chinese Illuminati have all agreed to this coming Satanic WW3. The sheeple think that this WW3 is: US+NATO vs Russia (in Europe), US + NATO+ allies vs Russia + Syria + Iran + allies (in the Middle East), US + Japan +Australia and allies vs China (in Asia), Christian West vs Muslim World (globally) … In reality, this WW3 is: Satan and his minions vs the Rest of Humanity.
  • This WW3 is really about the laying of the foundation for the coming of the Anti-Christ. The Man of Sin will bring about “PEACE” in a world wrecked by global wars, terrorism, violence, collapse … etc.

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

Who owns the world reserve currency, the dollar, the global monetary hegemony? Look at the Satanic capstone on your dollar bill. The Luciferian New World Order will be complete with the arrival of the Satanic capstone: the Anti-Christ, fake messiah, bringer of false peace, the white horseman of Revelation 6!

Who owns the world reserve currency, the dollar, the global monetary hegemony? Look at the Satanic capstone on your dollar bill. The Luciferian New World Order will be complete with the arrival of the Satanic capstone: the Anti-Christ, fake messiah, bringer of false peace, the white horseman of Revelation 6!

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August 3, 2016 Posted by | GeoPolitics | , , , , , , , , , , | Comments Off on Chinese Media: Australia an ‘Ideal Target to Strike’ Over South China Sea

ISIS Releases Propaganda Film Showing Burning Big Ben as They Warn The West ‘We Are Here’

http://www.express.co.uk/news/world/690145/Islamic-State-ISIS-propaganda-video-UK-Europe-US-Australia-France-Nice

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http://www.dailymail.co.uk/news/article-3480344/Police-warns-ISIS-planning-spectacular-attack-UK-natural-step.html

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http://217.218.67.231/Detail/2016/02/03/448547/ISIL-US-pawn-Syria-Russia/

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http://www.dailymail.co.uk/news/article-3393669/We-heading-European-9-11-Counter-terrorism-official-says-terror-groups-plotting-simultaneous-attacks-various-countries-year.html

All these terror psyop escalation is a sign that the western financial system is close to collapse. It will ignite a global economic, currency and financial meltdown. Click on image for article.

http://www.mirror.co.uk/news/uk-news/isis-planning-2016-slaughter-europe-7095973

Why all the fear, terror and war psyop by the western Illuminati? It is a sign that the global economic, financial and currency collapse is imminent. Click on image for article.

http://www.mirror.co.uk/news/world-news/isis-nuclear-attack-fears-prompts-7864823

ISIS, Al Qaeda … = CIA jihadists. Click on image for article.

https://www.rt.com/uk/340367-isis-nuclear-threat-eu/

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http://www.express.co.uk/news/uk/657300/David-Cameron-Terrorists-ISIS-Islamic-State-Daesh-Nuclear-Summit-World-Leaders-Britain

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July 18, 2016 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , | Comments Off on ISIS Releases Propaganda Film Showing Burning Big Ben as They Warn The West ‘We Are Here’

Flashback 2009: Merck Created Hit List to “Destroy,” “Neutralize” or “Discredit” Dissenting Doctors

http://www.cbsnews.com/news/merck-created-hit-list-to-destroy-neutralize-or-discredit-dissenting-doctors/

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http://www.amazon.com/exec/obidos/tg/detail/-/0375760946/ref=lpr_g_1/103-1222077-0576601?tag=wanttinfo-20&v=glance&s=books&n=507846#reader_0375760946

Click on image to goto Amazon.

http://www.bmj.com/content/346/bmj.f3830/rr/652673

Click on image for article.

http://www.nybooks.com/articles/archives/2009/jan/15/drug-companies-doctorsa-story-of-corruption/

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http://www.independent.co.uk/news/science/glaxo-chief-our-drugs-do-not-work-on-most-patients-575942.html

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July 7, 2016 Posted by | Medicine & Health, Social Trends | , , , , | Comments Off on Flashback 2009: Merck Created Hit List to “Destroy,” “Neutralize” or “Discredit” Dissenting Doctors

US, Philippines Launch Military Exercises Near Waters Disputed by China

  • Who is militarizing Asia? Who is having their military “Pivot to Asia”? For the record: I am not pro China in the South China Sea territorial dispute. I just think it is naive to assume the US-Pentagram has the welfare of the Philippines, Japanese …. sheeple in mind by confronting China militarily. The sheeple will be used as cannon fodder to serve the interest of the western Illuminati.
  • Published on Apr 4, 2016
    Read more: http://www.presstv.ir/Detail/2016/04/… 

    The US and the Philippines have begun joint war games as China is mounting criticism of Washington’s growing military presence in East Asia. The military exercises involve thousands of troops from both countries as well as forces from Australia, Japan and Vietnam. The Philippines and Vietnam are locked in sovereignty disputes with Beijing in the South China Sea. The Philippines says the drills are not aimed against China. But the top US regional commander notes that a potential crisis in the South China Sea is part of the planning. This as protesters rallied outside the US embassy in the Philippines’ capital Manila to condemn the exercises.

Paracel_islands_Spratly_islands_disputed_claims_by_China_philippines_Vietnam_Malaysia_Brunei

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April 6, 2016 Posted by | GeoPolitics | , , , , , , , , , | Comments Off on US, Philippines Launch Military Exercises Near Waters Disputed by China

A World War Has Begun. Break The Silence – John Pilger

https://www.rt.com/op-edge/336785-world-war-break-silence/

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Nuclear_blast_in_Ocean_sea

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

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

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

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https://www.wsws.org/en/articles/2015/05/02/chin-m02.html

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March 26, 2016 Posted by | GeoPolitics | , , , , , , , , , , , , , , , , , , , | Comments Off on A World War Has Begun. Break The Silence – John Pilger

ON A KNIFE-EDGE: US to Deploy BOMBERS Close to China Border as Tensions Flare

  • ON A KNIFE-EDGE: US to deploy BOMBERS close to China border as tensions flare
    by CHARLIE PEAT, http://www.express.co.uk/  
    THE US are set to deploy long-range bombers close to the Chinese border as tensions between the powerhouses reach boiling point.

    US officials are currently seeking to strike a deal with Australia that will see its military forces temporarily based in the North of the country, near to the fiercely disputed South China Sea. The highly contentious area is mostly claimed by Beijing but Brunei, Malaysia, the Philippines, Taiwan and Vietnam have all staked claims in parts of the sea.

    Tensions between the US and China have already increased after the US Navy sailed near the disputed islands – pushing the limits of the Asian superpower.

    read more.

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March 14, 2016 Posted by | GeoPolitics | , , , , , , | Comments Off on ON A KNIFE-EDGE: US to Deploy BOMBERS Close to China Border as Tensions Flare