Socio-Economics History Blog

Socio-Economics & History Commentary

Gold Activated, [CB] Currency Will Enter Crisis Mode: Daniel Ameduri

February 18, 2019 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Billions Dead: That’s What Could Happen if India and Pakistan Wage a Nuclear War

  • Billions Dead: That’s What Could Happen if India and Pakistan Wage a Nuclear War
    by Zachary Keck,
    (This first appeared back in 2017.)
    This is the real nuclear crisis the world is missing.

    Armed with what they believe is reasonable intelligence about the locations of Pakistan’s strategic forces, highly accurate missiles and MIRVs to target them, and a missile defense that has a shot at cleaning up any Pakistani missiles that survived the first strike, Indian leaders might be tempted to launch a counterforce first strike.

    With the world’s attention firmly fixated on North Korea, the greatest possibility of nuclear war is in fact on the other side of Asia. 

    That place is what could be called the nuclear triangle of Pakistan, India and China. Although Chinese and Indian forces are currently engaged in a standoff, traditionally the most dangerous flashpoint along the triangle has been the Indo-Pakistani border. The two countries fought three major wars before acquiring nuclear weapons, and one minor one afterwards. And this doesn’t even include the countless other armed skirmishes and other incidents that are a regular occurrence.

    At the heart of this conflict, of course, is the territorial dispute over the northern Indian state of Jammu and Kashmir, the latter part of which Pakistan lays claim to. Also key to the nuclear dimension of the conflict is the fact that India’s conventional capabilities are vastly superior to Pakistan’s. Consequently, Islamabad has adopted a nuclear doctrine of using tactical nuclear weapons against Indian forces to offset the latter’s conventional superiority.

    read more.


February 16, 2019 Posted by | GeoPolitics | , , , , | Leave a comment

Next Phase, Xi & Trump, Coordinate The Transition

  • X22Report Published on Feb 15, 2019
    US industrial production plunges, this doesn’t mean that manufacturing jobs are not coming back to the US this means the [CB] is deteriorating quickly as Trump brings back manufacturing.Trump continually tells the media that the economy is doing well, it’s the best economy that we have seen in a long time, Trump is doing this on purpose to setup the MSM and [CB] later on. Xi and Trump are going to meet, they might have discussed on how to transition the economy moving forward.


February 16, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , | Leave a comment

Panic, Central Banks Go Full Fear-Mongering, Gold Is About To Be Weaponized

  • X22Report Published on Feb 12, 2019
    The EU is now pushing project fear, they are talking about an apocalyptic event if there is a no deal. The CB and elite will use fear to try to get what they want. George Soros says something needs to be done or the entire EU will end up like the Soviet Union. Trump has trapped the Fed with jobs, job numbers are great, Fed is doing nothing, Fed raises rates, the market comes down, it is all blamed on the Fed. US, Russia and China will use gold to remove the central banks.


February 13, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

China on Gold-Buying Spree Amid Global Push to End US Dollar Dominance

  • China on Gold-Buying Spree Amid Global Push to End US Dollar Dominance
    Beijing has joined the global gold rush, increasing its gold reserves for two months in a row to 59.94 million ounces. China has long been silent on its holdings of gold as many countries are turning away from the greenback.

    China’s national gold reserves rose by 0.38 million ounces (nearly 12 tons) at the end of January from 59.56 million ounces at the end of December 2018, according to data released by the People’s Bank of China on Monday. The value the country’s holdings of the precious metal reached US$79.319 billion, increasing by more than $3 billion compared to the end of last year.

    Before December, the Chinese central bank had not reported an increase in gold reserves for more than two years, and the official figures remained unchanged from October 2016 to November 2018, standing at 59.24 million ounces.

    read more.


February 13, 2019 Posted by | Economics | , , , , , | Leave a comment

China Says U.S. Warships Entered Waters Without Beijing’s Permission

  • PressTV Published on Feb 11, 2019
    China’s foreign ministry strongly objects to the US after two American warships sail near disputed South China Sea islands. The Chinese foreign ministry spokesperson also said the US warships entered the waters without Beijing’s permission. The Chinese navy later warned the US ship to leave the area. The US destroyers sailed near the Chinese Nansha Islands as part of what Washington calls freedom of navigation operations. Beijing says nearly all of the South China Sea is its territory, while Taiwan, the Philippines, Malaysia and Vietnam also claim it partly.


February 12, 2019 Posted by | GeoPolitics | , , | Leave a comment

Following in US Footsteps? UK Ready to Use ‘Hard Power’ Against Russia & China

  • RT Published on Feb 11, 2019
    The UK must be ready to use ‘hard power’ against Russia and China, defense chief Gavin Williamson has said. The remark has raised eyebrows in Moscow, which calls it “irrelevant” to reality and aimed at securing a larger budget.


February 12, 2019 Posted by | GeoPolitics | , , , , , , | Leave a comment

China Deploys 100 Ships to Disputed Waters Amid US Buildup: Report

A fleet of Chinese ships sail out at sea after China and Russia’s joint naval drill concludes near Zhanjiang port, Guangdong Province, China, on September 19, 2016. (Photo by Reuters)

  • China Deploys 100 Ships to Disputed Waters Amid US Buildup: Report
    China has deployed some 100 ships to the South China Sea, the Asia Maritime Transparency Initiative run by the Washington-based Center for Strategic and International Studies reports.

    The large armada was sent to the Thitu Island, a Philippine-held part of a large cluster of islands disputed between China, Taiwan, Malaysia, the Philippines and Vietnam, it said.

    The fleet, which includes vessels from the navy, coastguard and dozens of fishing boats, is part of an effort to stop the Philippine government from continuing construction on the island, it added.

    According to the report, the number of deployed ships surged on December 25, reaching 95 ships. The number has since dropped, reaching 42 vessels by January 26.

    The Philippine government has been seeking to develop an airway on the island by building a breaching ramp since 2017. The project was due to be finished by the end of last year, but officials say that it has been delayed because of extreme weather.

    read more.


February 11, 2019 Posted by | GeoPolitics | , , , | Leave a comment

American Suspension of INF Treaty is Aimed at China

  • American Suspension of INF Treaty is Aimed at China
    … However, it is with respect to the balance of power in the West Pacific that the restrictions imposed by the INF on the US – but not on China – come into play. While consensus expert opinion holds that the US still retains dominance in the South China Sea vis-à-vis China, its margin of superiority is shrinking year by year. In a 2015 report, the RAND Corporation estimated that the number of US air wings required to defeat a surge of attacking Chinese aircraft over Taiwan increased from just a couple in 1996 to 30 by 2017. In a subsequent report released in the following year, we see the balance of power in potential China-US conflict scenarios shift from a terminal Chinese disadvantage in 1996, to parity over Taiwan by 2017 (though they believe that the US still holds a decisive advantage in a conflict over the Spratly Islands). Even so, it is especially notable that the only two categories in a conflict over Taiwan in which RAND now considers China to hold an advantage – “Chinese attacks on air bases” and “Chinese anti-surface warfare” – are both spheres in which intermediate-range ballistic missiles would play an important role. This is not just my supposition. In another 2016 RAND report, tellingly titled “War with China: Thinking Through the Unthinkable”, this consideration is stated openly and forthrightly: “US land-based missiles from 500 km to 5,500 km are prohibited by the INF treaty, whereas the Chinese missiles are not, giving China a significant advantage.”

    It has long been obvious that the US (correctly) regards China as the real long-term threat to its global hegemony. Meanwhile, Russia is a mere nuisance, a “dying bear” that is ever approaching collapse, in the wake of which Moscow will have no choice but to sign up to America’s China containment project. (Sure, this sounds like a crazy ideological narrative, and it is – but the US policy of alienating Russia and drawing it into a quasi-alliance with China is even crazier – just ask Kissinger). But like it or not, this really is how the American elites think, and it can’t be denied that there is a certain logic to it. In this context, withdrawal from the INF Treaty – with Russia’s alleged violations as pretext – is just the logical next step to the military component of Obama’s “pivot to Asia”, one that the US is entirely happy to continue and follow through with. It really is as banal as that.

    read more.


February 11, 2019 Posted by | GeoPolitics | , , , , , | Leave a comment

Calling Bulls*** on Hezbollah in Venezuela — Pompeo is LYING!

  • It appears Hezbollah, ISIS, Al Qaeda … are all cooperating with US-Pentagram and appear where they are most needed by America to justify war, CIA coups and what not.
  • Pompeo Claims Hezbollah “Active In Venezuela” To Justify Possible US Intervention
    by Tyler Durden,
    Two weeks ago, when remarking sarcastically about the upcoming “requirement” for a US military presence in or around Venezuela where the situation is increasingly looking like a replay of events in Syria pitting the US and “western powers” on one said and Russia and China (and Turkey) on the other, we said that it’s only a matter of time before ISIS made a dramatic appearance in Latin America.

    “Time for ISIS to make a dramatic appearance in Latin America” – Zerohedge, 26 Jan 2019

    We thought we were joking. It turns out the joke was on us, because – in an apparent failure to come up with an even remotely original narrative for another imminent American intervention – US secretary of state Mike Pompeo said on Wednesday night that, drumroll, “Hezbollah has active cells in Venezuela.” Well, we were wrong about ISIS at least.

    As the Trump administration has continued to ratchet up pressure on the Latin American nation amid a crippling political and economic crisis, and hinted on several occasions that US troops would be deployed, Mike Pompeo told Fox Business that “people don’t recognize that Hezbollah has active cells” in the country, adding that “the Iranians are impacting the people of Venezuela and throughout South America. We have an obligation to take down that risk for America” he said, quoted by the Independent.

    read more.


February 8, 2019 Posted by | GeoPolitics | , , , , , , , , , , , , | Leave a comment

China to US: BUTT OUT of Venezuela! Here’s Why

  • RT America Published on Feb 5, 2019
    Rick Sanchez reports on China’s soft-spoken but unmistakable hard line on Venezuela, whose deep economic ties lead to Chinese unequivocal opposition to attempts to undermine the government of President Nicolas Maduro.


February 7, 2019 Posted by | Economics, GeoPolitics | , , , , , | Leave a comment

Intelligence Officials Around Trump Push President Towards Destructive Path

  • The Duran Published on Feb 2, 2019
    The Duran Quick Take: Episode 72. RT CrossTalk host Peter Lavelle and The Duran’s Alex Christoforou take a quick look at US President Donald Trump’s shifting position on whether he agrees with his Intelligence team’s assessment of various threats to American hegemony.

    American Intelligence chiefs presented an update to the Senate intelligence committee on Tuesday on their annual assessment of global threats, broadcast on C-SPAN, where they warned of an increasingly diverse range of security dangers from North Korean nuclear weapons to Chinese cyber espionage and Russian campaigns to undermine Western democracies.

    After the Intelligence briefing U.S. President Trump said intelligence officials were wrong about North Korea, Iran and the Islamic State, which they said remains a terrorist and insurgent threat. Trump later tweeted on Wednesday that, “perhaps Intelligence should go back to school!”


February 5, 2019 Posted by | GeoPolitics | , , , , , , , | Leave a comment

Grant Williams: The Trouble in Europe Has Only Just Begun

  • Macro Voices Published on Jan 31, 2019
    Erik Townsend and Patrick Ceresna welcome Grant Williams back to MacroVoices. Erik asks Grant if we in a cyclical bear market and where he feels treasury bond yields are headed next. They discuss tensions between China and Taiwan, the rise of global populism and the future of France and Europe. Grant shares his update on how things are developing on Australian Real Estate and the risks of a recession. They end with touching on gold and the U.S. dollar.


February 4, 2019 Posted by | Economics | , , , , , , , , , , | Leave a comment

Jim Willie & Dustin Nemos on Venezuela, Vaccines, and Veritas Final Cut

February 2, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Fearmongering: Senate Chairman Warns ‘Prepare For WWIII With China’

  • RonPaulLibertyReport Streamed live on Jan 31, 2019
    Senate Armed Services Committee Chairman James Inhofe has warned that due to China’s activities in the South China Sea, the US should be preparing for World War III with China. Are Chinese actions in the Spratley Islands more threatening than the global US military presence? Is war the only solution? As usual…follow the money.


February 2, 2019 Posted by | GeoPolitics | , , , , , , , , | Leave a comment