Socio-Economics History Blog

Socio-Economics & History Commentary

Jim Willie: Top Ten US Dollar Risks

The grim reaper is coming for the petrodollar.

  • Jim Willie: Top Ten US Dollar Risks
    by Jim Willie CB, GoldenJackass.com, via http://www.goldseek.com/
    The USDollar has never been in greater danger for losing its dominant position as global reserve currency and payment standard. Challenges to its supremacy are many and with each passing month, more threats are put in place. While the volumes of trade payment in Chinese RMB grow slowly, and the banking reserves in non-USD bonds grow slowly, the risk for the USDollar to be marginalized has increased significantly in the last two to three years. Basically speaking, a fiat currency run by a corrupt, thieving, and dishonorable hegemonic regime for the sole purpose of exploiting the rest of the world cannot stand the test of time, and will be dismantled. The community of nations gathers momentum and organization with producing an alternative. It has taken time, and will require more time. The scenario is indeed possible of a dual universe has been raised, whereby the West continues under the USD-based system, and the East emerges under a new RMB-based system. However, the Eastern alternative is step by step to emerge with a gold foundation. The USDollar cannot compete with Gold in any way except through continued fraud, intimidation, extortion, and open war. All these topics at high level and ground level are covered with analysis in the Hat Trick Letter.

    The fall of the King Dollar Empire is near, as the Global Paradigm Shift proceeds without potential for interruption or much further delay. The galactic decay decline and demise is assured. It has been a brutal final chapter, marred by universal corruption and endless war. It has earned the Empire of Chaos label, for its many color revolutions which mask the brutal hegemony and theft of assets. The fall of the baseless USDollar occurs simultaneously with the rise of the solid Gold foundation. Below are the Top Ten risks to the USDollar, which will end the year 2017 in a significantly weaker position than it started.

    read more.

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March 28, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , | Leave a comment

Will Washington Risk WW3 to Block an Emerging EU-Russia Superstate

  • Will Washington Risk WW3 to Block an Emerging EU-Russia Superstate
    by Mike Whitney, http://www.marketoracle.co.uk/
    The relentless demonization of Vladimir Putin is just one part of Washington’s multi-pronged strategy to roll-back Russian power in Central Asia and extinguish Putin’s dream of a “Greater Europe”. Along with the attempt to smear the Russian president as a “KGB thug” and “dictator”, the media has also alleged that Moscow intervened in the US presidential elections and that Russia is a serial aggressor that poses a growing threat to European and US national security. The media onslaught, which has greatly intensified since the election of Donald Trump in November 2016, has been accompanied by harsh economic sanctions, asymmetrical attacks on Russia’s markets and currency, the arming and training of Russian adversaries in Ukraine and Syria, the calculated suppression of oil prices, and a heavy-handed effort to sabotage Russia’s business relations in Europe.  In short, Washington is doing everything in its power to prevent Russia and Europe from merging into the world’s biggest free trade zone that will be the center of global growth and prosperity for the next century.

    This is why the US State Department joined with the CIA to topple the elected government of Ukraine in 2014. Washington hoped that by annexing a vital landbridge between the EU and Asia, US powerbrokers could control critical pipeline corridors that are drawing the two continents closer together into an alliance that will exclude the United States. The prospect of Russia meeting more of the EU’s growing energy needs, while China’s high-speed railway system delivers more low-cost manufactured goods, suggests that the world’s center of economic gravity is shifting fast increasing the probability that the US will continue on its path of irreversible decline. And when the US dollar is inevitably jettisoned as the primary means of exchange between trade partners in the emerging Asia-EU free trade zone, then the recycling of wealth into US debt will drop off precipitously sending US markets plunging while the economy slips into a deep slump. Preventing Putin from “creating a harmonious community of economies from Lisbon to Vladivostok” is no minor hurtle for the United States.  It’s a matter of life and death.

    Remember the Wolfowitz Doctrine:
    “Our first objective is to prevent the re-emergence of a new rival, either on the territory of the former Soviet Union or elsewhere, that poses a threat on the order of that posed formerly by the Soviet Union. This is a dominant consideration underlying the new regional defense strategy and requires that we endeavor to prevent any hostile power from dominating a region whose resources would, under consolidated control, be sufficient to generate global power.”

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March 27, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Leave a comment

Russia Is Ready To Split Away From The SWIFT System

  • Published on Mar 24, 2017
    The hard data and soft data are now going their separate ways, core durable goods declines. US Services PMI and Manufacturing PMI have declined. The core economic data like, retail, GDP, housing, unemployment are all declining rapidly and countries realize the dollar is collapsing. Russia has completed there own payment system so if the US central bankers decide to cutoff Russia from the SWIFT system they can operate independently.

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March 25, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , | Leave a comment

We Already Passed The Point Of No Return: Bill Holter

March 22, 2017 Posted by | Economics | , , , , , , , , , , , , , , , , , | Leave a comment

Flashback: How Did North Korea Get Nuclear Power?

http://journal-neo.org/2016/11/01/north-korea-is-an-pentagon-vassal-state/

Click on image for article.

http://nypost.com/2016/01/06/you-can-thank-jimmy-carter-and-bill-clinton-for-north-koreas-nukes/

Click on image for article.

http://www.democracynow.org/2003/5/2/did_donald_rumsfeld_aid_north_koreas

America, the west 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.

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? North Korea is controlled opposition. Kim Jong Un is a Illuminist puppet of the west. NKorea is used to control South Korea and Japan. To prevent them from joining China and allow the deployment of US military bases for the encirclement of China and Russia. Click on image to goto article.

March 18, 2017 Posted by | GeoPolitics | , , , , , , , , , , | Leave a comment

Jim Willie Issues ALERT: We’re AT THE DOOR of the Global Currency Reset

  • Jim Willie Issues ALERT: We’re AT THE DOOR of the Global Currency Reset
    by http://www.silverdoctors.com/
    Something BIG is Afoot in Shanghai.  The Chinese Have CHANGED THE GAME Suddenly. The Jig Is Up.


    Submitted by Hat Trick Letter Editor Jim Willie, GoldenJackass:
    Something big is afoot in the Shanghai Gold market. It seems that we are at the door of the RESET finally, with China being betrayed by the USGovt and USFed in concerted collusion. The attempt to reduce the USDollar while maintaining ultra-low bond yields seems the final straw. The inference is made that the jig is up finally, and a significant turning point is upon us.

    A contact at Evolution Consulting has reported that his best contact notified him that VIPs are being invited to take tours of the Shanghai Gold Exchange operation. This man was among one of the guests. These tours are not being arranged in some congenial welcoming event, not at all. Rather they are informational and official in granted preview. They are almost surely being staged to inform the opposition that it is all over for them now. With a cherry on top, the VIP guests were required to pay for the tour. The above juicy tidbit was provided by a client, passing the word along. Something big is afoot.

    CHINA CHANGED POSITION
    China seems to have changed its position toward aggressive in the gold market introduction with gusto and emphasis. Conclude easily that where there is smoke, there is fire, and the heat will be on physical gold metal demand in Asia. In turn the pressure will be put on the USDollar, whose custodians are not honorable and for perhaps the last time, have betrayed the Chinese. Lower USDollar valuation combined with already chronic low bond yield could have turned the Chinese hostile in the wake of the USFed rate hike. The Jackass raises the conjecture (stronger and more classy than guess) that the USGovt and its bankster masters lied to China about a rate hike, and the Chinese are very angry. The sleazy central banker crew defaulted on the gold lease from 1999, evident in 2014. The same sleazy vile crew have used tricks like bank derivatives to create phony bond demand, tricks like Reverse REPO to undo the last rate hike by ramping up to dangerous levels the bond leverage, alongside massive bond default on legacy bonds from nearly a century ago. The fact that a bond is old does not invalidate the bond’s integrity and requirement for honoring it. The criminal central banker crew in all likelihood stole at least $3 trillion in Saudi USTBonds as well, which serve as ESFund core. China has probably seen enough, and will proceed with the Global Currency RESET. Their nation is under stress, and the imposition of the Gold Standard should right their course well enough, even if it derails the United States to the point of entry into the Third World.


    read more.

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March 18, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , | Leave a comment

China to Japan: Don’t Meddle in South China Sea

  • Published on Mar 16, 2017
    The Chinese Foreign Ministry has warned Japan that Beijing will give a firm response should Tokyo interfere in the South China Sea. Hua Chunying made the remarks after media reports suggested that Japan is planning to dispatch its largest warship to the South China Sea. She also called on Tokyo to act cautiously. The Chinese Foreign ministry spokeswoman demanded that Japan reflect on its disgraceful past invasion of Chinese islands. This came amid simmering tensions in the strategic sea. Beijing claims sovereignty over almost all the South China Sea. Japan does not have any claim to the body of water, but has a separate maritime dispute with Beijing in the East China Sea.

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March 17, 2017 Posted by | GeoPolitics | , , , , | Leave a comment

The Debt Needs To Be Defaulted On, It Needs To Die, There Is Nothing To Fix It: Andrew Hoffman

March 15, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , | Leave a comment

“The Biggest Show Of Force Since World War II”: Japan To Send Its Largest Warship To South China Sea

Japan Maritime Self Defense Force’s helicopter carrier Izumo

  • Why is Japan getting involved militarily in the South China Sea where they do not have any territorial disputes with China? They have been ordered to do so by US-Pentagram. It is provocation to ignite the Greater Asia War as part of WW3. Japan is a colony, a vassal state, of the western Illuminati.
  • “The Biggest Show Of Force Since World War II”: Japan To Send Its Largest Warship To South China Sea
    by Tyler Durden, http://www.zerohedge.com
    The tension over the disputed territory in the South China Sea is about to escalate to another level: according to a Reuters report, Japan is preparing to to dispatch its largest warship on a three-month tour through the South China Sea beginning in May, in “its biggest show of naval force in the region since World War Two.”

    The 249 meter-long (816.93 ft) Izumo is as large as Japan’s World War Two-era carriers and can operate up to nine helicopters. It resembles the amphibious assault carriers used by U.S. Marines, but lacks their well deck for launching landing craft and other vessels.

    While China claims almost all the disputed waters despite the regular complaints of other nations in the region, and its growing military presence has fueled concern in Japan and the West, with the United States holding regular air and naval patrols to ensure freedom of navigation, so far Japan’s territorial claims have involved the Senkaku island chain in the East China Sea; that however appears to be changing as Japan seeks to stake a military presence in the contested region.

    read more.

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March 14, 2017 Posted by | GeoPolitics | , , , , , | Leave a comment

What’s at Stake in Obama/British Coup Attempt Against Trump

  • What’s at Stake in Obama/British Coup Attempt Against Trump
    by https://larouchepac.com/
    In an extraordinarily welcome sight since Tuesday, American and Russian military forces have met and been patrolling nearly beside one another — clearly in coordination — outside the city of Manbij in Syria, providing calm around that city while Russian forces deliver aid to it. This event follows simultaneous Russian and American bombing of ISIS outside Palmyra while Syrian forces drove ISIS out of that city; and a three-way meeting of the U.S., Russian, and Turkish chiefs of staff and their staffs on the Syria war on Monday.

    U.S.-Russian cooperation against international terrorism is occurring in reality in Syria; a beginning.

    It is ironic that the most prominent media coverage of the Manbij development — with photos and a 1945 picture of American and Russian troops greeting each other at the Elbe in the defeat of Hitler — appeared in the London Times. It is this cooperation, not only against terrorism, which has made the British security and intelligence establishment, and the Obama political circle, furious. It has made them try to force President Donald Trump out of office “by resignation or impeachment,” as a friend of Barack Obama told the London Daily Mail. It has even led some British, German, and French “media leaders” to publicly discuss assassinating Trump. And it has made some Democratic leaders — the ones who refused to allow talk of impeachment when Cheney and Bush had plunged into a disastrous Iraq War by lying to Congress and the United Nations — strive to set up impeachment of President Trump for opposing war confrontation with Russia.

    What is at stake is a much greater promise than cooperation against terrorism. China’s Foreign Minister Wang Yi stated again March 7, that his country’s goal is the cooperation of the United States, Russia, and China, beyond stabilizing the world, to generating worldwide economic, technological, and scientific development. The modern infrastructure projects China has initiated in 60 countries along the “New Silk Road” offer the “platform for the brightest prospects in the world,” said Wang, if the greatest powers join in them. “The Belt and Road Initiative belongs to the world.”

    This is where the “great infrastructure building program” that President Trump talks about will find its driver. The prospect of this new paradigm, is what the Obama/British coup against Trump intends to stop.

    It is British intelligence which has been generating secret research and charges of “Trump-Russia” collusion for the past year, leading to the open McCarthyism and Obama war against Trump of the past two months.

    But the American people voted for a new direction, above all in restoring a productive economy, living standards and productive employment. Their response to EIR and LaRouchePAC mobilizing for that new paradigm — even in all the town halls and rallies organized on apparently partisan lines — shows how to defeat Obama and his British backers.

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

Click on image for article.

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March 13, 2017 Posted by | GeoPolitics | , , , , , , , , , , , , , , , , , , , | Leave a comment

China Warns of Nuclear First Strike in Response to THAAD Deployment

  • China Warns of Nuclear First Strike in Response to THAAD Deployment
    by  | http://www.Infowars.com
    China warns that it is reconsidering its policy not to use nuclear weapons against South Korea in response to the U.S. deploying the THAAD missile system and sending B-52 bombers to protect its ally.

    THAAD is being deployed to shield South Korea from North Korean ballistic missiles after several tests by the Stalinist state in recent months. Beijing is furious because the system will also be capable of detecting and tracking missiles launched from China.

    It was also reported yesterday that the U.S. will send B-1 and B-52 nuclear bombers to South Korea in order to display a stern show of strength.

    300,000 South Korean troops and 15,000 US personnel have also started their annual Foal Eagle military exercise. The USS Carl Vinson nuke-powered aircraft carrier will join the drill – carrying dozens of fighter jets.

    An article in the Global Times, which is widely regarded as the voice of the Chinese government, says that Beijing will respond to America’s “strategic provocations” by actioning a “rapid increase in the number and quality of China’s strategic nuclear weapons” and that China isn’t worried about starting a limited “arms race”.

    Asserting that “the US must pay the price for the THAAD deployment,” the piece goes on to warn that, “If the US further intensifies its anti-missile attempts and strategic containment, China may reconsider its pledge of not being the first to use nuclear weapons.”

    In other words, Beijing is signaling that it would be prepared to use nuclear weapons against South Korea in the event of a conflict.

    In a related development, China’s second aircraft carrier is moving closer to completion while China vows to use its “first class navy” to intercept any “intruding aircraft” within its region of control.

    Last month, Beijing warned the Trump administration that the People’s Liberation Army is “making preparations” for war after the deployment of the nuclear-powered USS Carl Vinson to patrol the South China Sea.

    Meanwhile, columnist Pat Buchanan warns that a new “Korean missile crisis” could be on the horizon.

    “New tests by North Korea of missiles or atom bombs for an ICBM could bring U.S. strikes on its nuclear facilities and missile sites, igniting an attack on the South,” he writes, adding that China would then be forced to defend its ally.
http://www.globaltimes.cn/content/1037016.shtml

Click on image for article.

https://www.bloomberg.com/politics/articles/2017-01-30/nuclear-strike-survival-for-russia-china-get-new-u-s-review

Click on image for article.

http://rt.com/news/257841-russia-china-us-hegemony/

Click on image for article.

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March 11, 2017 Posted by | GeoPolitics | , , , , , , , , | Leave a comment

Donald Trump Set to Send B-52 NUCLEAR BOMBERS to South Korea After North Fires Missiles at Japan And US Warns of ‘Overwhelming’ Response

https://www.thesun.co.uk/news/3049573/donald-trump-sends-b-52-nuclear-bombers-to-south-korea-after-north-fires-missiles-at-japan-and-us-warns-of-overwhelming-response/

Click on image for article.

  • North Korea is a vassal state of the western Illuminati controlled via the CIA. It is used to control South Korea and Japan, to allow for the deployment of US military bases in both countries: ie. maintaining US hegemony and surrounding both China and Russia.
  • The serpents are playing some kind of deadly game. They intend to sucker China into a Asia wide war using North Korea. How they are going to do so remains to be seen. China, IMO, will not bite when the US-Pentagram (South Korea & Japan) launches air and ICBM attacks on North Korea. Ie. China will not go to the defense of North Korea. The problem really starts (for China) when the US alliance launches ground invasion into North Korea. US troops on North Korean soil is a ‘NO GO’ for China. They will be at China’s doorstep.
http://journal-neo.org/2016/11/01/north-korea-is-an-pentagon-vassal-state/

Click on image for article.

https://sputniknews.com/asia/201610081046141876-china-decapitation-strike-north-korea/

Click on image for article.

http://www.democracynow.org/2003/5/2/did_donald_rumsfeld_aid_north_koreas

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

http://nypost.com/2016/01/06/you-can-thank-jimmy-carter-and-bill-clinton-for-north-koreas-nukes/

Click on image for article.

http://www.mirror.co.uk/news/world-news/wwiii-fears-kim-jong-un-7665166

Whose side is North Korean leader Kim Jong Un on? It is the western Illuminati’s side ie. US-Pentagram. 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? North Korea is controlled opposition. Kim Jong Un is a Illuminist puppet of the west. NKorea is used to control South Korea and Japan. To prevent them from joining China and allow the deployment of US military bases for the encirclement of China and Russia. Click on image to goto article.

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March 11, 2017 Posted by | GeoPolitics | , , , , , , , , , , , | Leave a comment

Realist News: Central Banks & Gold — A SEA CHANGE Is Coming

  • Central Banks & Gold: A SEA CHANGE Is Coming
    by ALASDAIR MACLEOD, https://wealth.goldmoney.com/
    The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually lead to a new policy direction.


    For now, that is undecided, beyond a growing acceptance that today’s monetary policy does not work and the assumptions of recent decades, that gold as money should be phased out, might have been a mistake.

    The idea, that Western central banks could banish gold from the monetary scene over time, has been disrupted by the persistence of Asian demand, fuelled by the remarkable economic progress of ex-communist states embracing capitalist methods. Western financial markets have hardly begun to grasp the wider implications of the shift in economic power from the heavily-indebted welfare economies, to China, Russia and other members of the Shanghai Cooperation Organisation, and their consequences for gold.

    The welfare-driven states rely on money and credit expansion to conceal the true costs of their escalating government spending. They have been motivated to deny gold’s fundamental role as sound money, because it is superior to their unsound money. The increasing prosperity of Asians of all races, who still value gold for its ability to retain its purchasing power, ultimately undermines Western monetary policy, as well as the propaganda that goes with it.

    The shift of physical demand from West to East has been widely chronicled, ever since the Shanghai Gold Exchange became a conduit for escalating physical demand. Inevitably, the West’s desire to demonise gold has accelerated the process, and we are now at the point where control of the gold price could suddenly shift from Western capital markets, trading in futures, deferred settlements and unallocated accounts, to the markets supplying bullion in Asia.

    read more.

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March 10, 2017 Posted by | Economics | , , , , , , , , | Leave a comment

US Will Be Forced To Accept A Devalued Domestic Dollar, That’s When The Crisis Hits: Jim Willie

March 9, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Central Bank Is Ready & Prepared To Trigger The Economic Crisis

  • Published on Mar 8, 2017
    IMF Chief says Greece needs to strike a deal. Varoufakis says that austerity is a cover story conducting class warfare. Farmers in Greece can’t take as riots flare up. Marine LePen says she will introduce a new franc is she wins. Trade war has begun Mexico stops sugar exports. ADP job number surge. Caterpillar investigated for tax and accounting manipulation. US Productivity slows after election. GDP revised even lower. Central bank preparing and ready to trigger the economic crisis. Russia and China ready to do away with the dollar.

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March 9, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Leave a comment