Socio-Economics History Blog

Socio-Economics & History Commentary

Catalonia Set to Declare INDEPENDENCE – Spain to Take ‘Nuclear Option’ – Huge Blow to EU

  • Catalonia Set to Declare INDEPENDENCE – Spain to Take ‘Nuclear Option’ – Huge Blow to EU
    by JOEY MILLAR, http://www.express.co.uk/
    CATALONIA is set to declare immediate independence from Spain if Madrid fails to hold talks with separatist leaders.

    Catalonia held a controversial independence referendum earlier this month drawing the condemnation of leaders in Madrid and Brussels. After a huge Yes victory during a polling day marred by police brutality, Catalonia initially signed a letter declaring independence before immediately suspending it.

    Spain has since refused to entertain independence talks despite huge protests calling for peaceful discussion. And today Catalan leader Carles Puigdemont said the regional parliament could vote on a formal declaration of independence from Spain if the central government failed to hold talks. He has ignored a deadline to drop Catalonia’s secession bid and instead accelerated moves for an independent state.  In response Madrid said it would take extreme steps and remove the autonomy of Catalonia. 

    read more.

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October 19, 2017 Posted by | GeoPolitics | , , , , , | Leave a comment

Paul Craig Roberts: Markets Fall When Dollar Falls. Looming Catastrophe Hanging Over Our Heads

  • Paul Craig Roberts: Markets Fall When Dollar Falls. Looming Catastrophe Hanging Over Our Heads
    by Greg Hunter’s USAWatchdog.com
    Former Assistant Treasury Secretary in the Reagan Administration, Dr. Paul Craig Roberts, says the record highs you see in the stock markets are based on “phony profits” that come from global central banks “propping up” the financial system. Roberts says, “Any of these central banks are really only there for a handful of big banks. That’s all they are concerned with. All the Federal Reserve has been concerned with for the last decade is the welfare of a handful of mega banks. Of course, the banks are too large. They should have never been allowed to get that large. When you have a bank too big to fail, then your policy has failed. You’ve allowed too much concentration. Where is anti-trust? Where is the Sherman Act? Everything that was legislated in the past to prevent the kind of looming catastrophe that is hanging over our heads, this looming catastrophe is produced by central banks. They are perpetuating it because they don’t know how to get out of it.”


    The International Monetary Fund (IMF) has just warned on the profitability of nine huge global banks. Some say they equal nine possible Lehman Brothers, which was the financial institution that started the 2008 meltdown. Is the IMF terrified of the slightest correction in the markets? Dr. Roberts says, “I think so, yes, because it’s not based on reality. It’s based on massive liquidity. So, it’s full of all kinds of dangers.”

    The biggest danger to Dr. Roberts, who has a PhD in economics, is the U.S. dollar. Dr. Roberts contends, “It seems to me that the only thing that would cause the Federal Reserve to stop the liquidity would be if the U.S. dollar fell under attack. If for some reason people said, hey, we don’t want the dollar anymore, and they started moving out of dollars into other currencies or into something else, if they cease to hold assets in dollars, if that happened, the Fed would have to try to raise interest rates to support the dollar. Then you could see that everything could come apart. If the interest rates would go up, there would be all kinds of derivatives that would not be sustainable. The stock market would collapse. It would be a mess. It would be an utter mess. That’s what the IMF is worried about. It’s a messy situation. How do you get out of it?”

    How does Dr. Roberts say people should protect themselves? Dr. Roberts says, “I would not be in debt.”

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October 19, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , | Leave a comment

Breaking: China Moves To Kill The Petrodollar, Tells Saudi Arabia — China Will Pay For Oil In Yuan-Gold

  • The Alex Jones Channel Published on Oct 18, 2017
    China is making its move against America, not with military force but by trying to destroy the US economy.

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October 19, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , | Leave a comment

Did Russia Just Issue A New Eurasian Currency?

  • X22Report Published on Oct 18, 2017
    Tens of millions of Americans have not recovered from the last crisis. IBM sales drop for 22 months in a row. Housing starts plummet as the housing market implodes on itself.  Mnuchin pushes agenda and says if you do not do what we want we will crash the economy. Warning inflation and a market correction might be headed our way very soon. The corporate media and government are pushing this idea. Russia just introduced a new currency, this new currency will most likely be used for the Eurasian countries.

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October 19, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , | Leave a comment

Friday The Thirteenth Golden Jackass Jim Willie

https://ochelli.com/wp-content/uploads/2017/10/The-Ochelli-Effect-2017-10-13.mp3

Click on image for MP3 audio interview.

  • Friday The Thirteenth Golden Jackass
    by https://ochelli.com/
    The Ochelli Effect 10-13-2017 Jim Willie The man behind The “Hat Trick Newsletter” @  goldenjackass.com .Plus producer Tony Hurst has an unscripted conversation with Chuck in the second hour

    Hour 1 we break down money , Gold , Oil , and the U.S. Military Industrial Complex along with a few unusual subjects with the uniquely talented Jim Willie from GoldenJackass.com . Jim’s insights into finance ,  global trends , realities and the secret or not-so-secret  world of real deals is one of a kind and the Ochelli Effect is lucky to have Jim appear on a monthly basis. On Friday The Thirteenth Golden Jackass , we hear Jim answer listener questions and explain what happens when China decides to “Flip The Switch” , and what has happened to US Presidents  when they push back against the banking Cabals.

    Second Hour Tony Hursy makes a rare appearance on the show to pick Chuck’s brain a bit about current events , Climate Change , and What In Hell is actually going on in the alleged United States. The future of the show is addressed and Tony’s priceless contribution to show , website and Chuck’s basic knowledge are discussed. Also , What was that noise at the second hour break?

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October 16, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

A Tsunami of Finance: German Expert Warns of Imminent Collapse of ‘World Casino’

  • A Tsunami of Finance: German Expert Warns of Imminent Collapse of ‘World Casino’
    by https://sputniknews.com/
    Financial expert Ernst Wolff gives Sputnik a taster of his new book, which warns that dependence on the financial industry and the US dollar has created a “financial tsunami,” the consequences of which the world is wholly unprepared for.

    Financial expert Ernst Wolff, author of a bestselling analysis of the International Monetary Fund‘s “modern day crusade against the working people on five continents,” has turned his attention to the global financial system in his latest book.

    Wolff sees the financial system at risk of imminent collapse and likens it to a “Financial Tsunami” which threatens to take us all by surprise, leaving devastation in its wake.

    In a taster of the book’s contents, he told Sputnik Deutschland that the US-based financial industry has been on “life support” since the 2008 crisis and its prognosis “doesn’t look good.”

    “The patient is about 75 years old. Our financial system was founded in in Bretton Woods, USA in 1944. The patient is in great difficulty because in 1998 and a second time in 2007/2008, he almost died. Since this second crisis, he has only been kept alive artificially. The financial system is lying in the intensive care unit.”

    While most countries have a state central bank, US monetary policy is conducted by the Federal Reserve, a consortium of 12 regional banks in which commercial banks own shares. Wolff describes the system as a “cartel.”

    “One not only gives a patient a diagnosis, but also a case history. First, we need to understand the power of the Federal Reserve, the American central bank which was established a hundred years ago. Many people still don’t know that the Federal Reserve is not a state institution, but is in private hands. This is a bank cartel which lies in the hands of several large, very rich families. This fact has been covered up in the course of history.”

    read more.

http://www.wnd.com/2008/03/59405/

Click on image for article.

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October 16, 2017 Posted by | Economics, GeoPolitics, History | , , , , , , , , , , , , , | Leave a comment

Willem Middelkoop: Any Sunday Night Now And Gold Could Be Revalued Up To $10,000

Click on image to download MP3 interview.

  • Willem Middelkoop: Any Sunday Night Now And Gold Could Be Revalued Up To $10,000
    by https://www.silverdoctors.com/
    Once the physical market breaks, there will be a quick revaluation of gold towards even $10,000. Here’s two ways Willem says it can play out…

    Willem Middelkoop interviewed by Craig Hemke on TF Metals Report
    Willem Middelkoop is an Amsterdam-based author and commodity fund manager. Somehow it had been over a year since we last spoke with Willem so we had plenty to discuss today. Please be sure to give this podcast a listen. Among the topics addressed in this 49-minute call:

    * the current similarities to the run-up to The Financial Crisis in 2008
    * how the falling dollar is impacting commodities
    * why China values physical gold and the likelihood of a global reset in price
    * which commodities or metals might benefit from the changes described in his new book, “The Tesla Revolution
    * the future of the euro and the possibility of it challenging the US dollar as global reserve currency
    * Willem’s interest and opinion on the Australian mining sector, specifically Artemis and Novo Resources
    * And a whole lot more!

    I’m confident you’ll find this audio to be interesting and very helpful. Thanks again to Willem for sharing his time and expertise.

    TF
    Willem Middelkoop is an author and founder of the Commodity Discovery Fund. He became a well-known personality through his work as stock market commentator for the Dutch business television channel RTLZ. Middelkoop predicted the onset of the credit crisis in his book “Als de dollar valt” (If The Dollar Falls) – 2007. Subsequent publications were “De permanente oliecrisis” (The permanent oil crisis) – 2008, “Overleef de kredietcrisis” (Surviving the credit crisis) – 2009, “Goud en het geheim van geld” (Gold and the secret of money) – 2012, The Big Reset – 2013 and The Tesla Revolution – 2017. In total, he has sold more than 150,000 copies of his books.

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October 16, 2017 Posted by | Economics | , , , , , , , , , , | Leave a comment

End of Petrodollar: Rise of Economic Protectionism to Reshape Global Trade

  • End of Petrodollar: Rise of Economic Protectionism to Reshape Global Trade
    by https://sputniknews.com/
    The era of petrodollar recycling is drawing to an end as shifts in technology and international politics render it redundant, meaning the US is entering volatile times.

    Kristian Rouz — The rise of economic protectionism and nationalism in politics of the recent years, including the gradual implementation of US President Donald Trump’s agenda and Brexit reshaping the contours of European trade, are poised to bring an end to the petrodollar recycling. These developments signal the first overhaul of international economic relations since the Nixon administration in the early 1970s in the United States.

    The petrodollar system entailed the end of the gold standard in the US, which had its national currency pegged to the value of gold at $35 per ounce in the aftermath of World War II. However, the severe challenges that global economy faced in the late 1960s pushed the administration of Richard Milhous Nixon to abandon the system.

    “The essence of the deal was that the US would agree to military sales and defense of Saudi Arabia in return for all oil trade being denominated in US dollars,” The Huffington Post explains.

    The shale revolution in oil productionin the early 2010s rendered this system irrelevant in the US, as North America is becoming increasingly independent of crude oil imports and has, in fact, increased its own oil and petrochemical exports under President Trump.

    However, President Trump’s push for greater protectionism faces obstacles, mainly in the form of a significant Saudi investment in US Treasury bonds accrued over the past 40 years. The petrodollar system has allowed Saudi Arabia to increase its foreign reserves, and many other prominent oil-producing nations have followed the same foreign investment pattern.

    The US, on its part, was able to increase its money supply by printing dollars, which has produced major dollar devaluation, by over 30 percent since the early 1980s. Subsequently, other oil importers, in order to pay for energy, had to buy US dollars first.

    read more.

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October 16, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , | Leave a comment

Russia And China Just Did Something That Will Be A Blow To The Dollar

  • X22Report Published on Oct 13, 2017
    The Fed has done it, it has made the people of the US believe the economy has recovered and everything is going to be just fine, this is when the crash the economy. Wells Fargo mortgage and auto loan origination declines rapidly. British bank forecasts a credit collapse coming very soon. China and Russia just setup a Yuan-Ruble payment system which is a blow to the dollar. 

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October 16, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , | Leave a comment

Hollywood is Crumbling!

https://socioecohistory.wordpress.com/2011/05/26/ashkenazi-jews-are-not-descendents-of-the-biblical-israelites-2/

This Satanic symbol has nothing to do with King David, the greatest king of Israel. It is the Satanic Hexagram from which we get the word ‘Hex’ ie. to curse or cast a spell ! Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

http://www.express.co.uk/entertainment/films/774776/Beauty-and-the-Beast-BANNED-by-US-cinema-Christian-gay-characters-Gaston-LeFou-Disney

The Synagogue of Satan operation called Hollywood is fomenting moral corruption. Illuminist social engineers at work to destroy the sheeple. Click on image for article.

https://sputniknews.com/us/201708181056586360-us-military-hollywood-cia/

Click on image for article.

https://medium.com/insurge-intelligence/exclusive-documents-expose-direct-us-military-intelligence-influence-on-1-800-movies-and-tv-shows-36433107c307

Click on image for article.

http://americanfreepress.net/jews-who-control-hollywood-tell-stars-better-not-mention-palestine/

Click on image for article.

http://newobserveronline.com/jews-boast-of-owning-hollywood-but-slam-gentiles-who-say-the-same/

Click on image for article.

October 13, 2017 Posted by | Social Trends | , , , , , , | Leave a comment

De-Dollarization Continues, More Countries Pivot Away From The Dollar

  • X22Report Published on Oct 10, 2017
    Russia’s central bank is trying to stop cryptocurrencies. London housing prices are falling, the bubble is popping. In NY the commercial real estate and residential real estate is falling apart, foreclosures are way up, back to 2009 levels. The IMF is trying to convince the world that the economy is fully recovered, but buried deep in the report it says the recovery cannot be sustained. More countries move away from the dollar, Turkey and Iran decide to trade in their local currencies.

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October 13, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a comment

Rob Kirby: Could Be Just Days Or Weeks Until The Collapse Of The Petrodollar

  • Rob Kirby: Could Be Just Days Or Weeks Until The Collapse Of The Petrodollar
    by https://www.silverdoctors.com/
    Rob Kirby says that the system won’t stay afloat much longer as the petrodollar is failing. We could be just days to weeks away. Here’s why…

    Rob Kirby interviewed by Silver Doctors
    Also, Kirby discusses Catalonia’s movement towards independence. “The vote to become independent in Catalonia is symptomatic of a growing desire of peoples around the world to reject the forces of globalism,” Kirby says. He continues that now this anti-globalism movement is unstoppable. And Kirby answers viewers questions covering the following topics:

    – Pensions will suffer “apocalypse.”
    – Paying off debt vs. prepping for crisis
    – How much gold and silver to own
    – The petrodollar will collapse within months
    – Demand for physical metal will overwhelm price manipulation
    – Cryptocurrencies vs. fiat currencies

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October 12, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , | Leave a comment

FRANCE v EU: Emmanuel Macron Warns European Leaders They Have ONE YEAR to Reform Bloc

  • FRANCE v EU: Emmanuel Macron Warns European Leaders They Have ONE YEAR to Reform Bloc
    by MARK CHANDLER, http://www.express.co.uk/
    EMMANUEL Macron has challenged EU leaders including Angela Merkel to sort out reform of the bloc within a year.

    The French President set out his own blueprint for a more tightly integrated union last month, calling for a string of changes including a shared budget and joint defence force. And he warned yesterday that member states only had one year before the 2019 European Parliament elections to sort out reforms. Mr Macron set the deadline during a speech at Goethe University in Frankfurt before a later public appearance with Mrs Merkel.

    He told the audience in Germany: “I believe that, if you have a vision, you shouldn’t go to the doctor but you should open a debate. “I think we need to start the debate, we have a year to clarify and draw up a common roadmap.”

    The president said he wanted to meet Mrs Merkel more often so the pair could thrash out the EU’s future. He asked: “If we are ready for common policies on security, digital infrastructure, energy, migration, the fight against terrorism, then who can explain to me why we can’t have a common eurozone budget?”

    read more.

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October 12, 2017 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , | Leave a comment

Jim Willie: 58 Recent Global Shifts That Are QUICKENING The Death Of King Dollar

  • Jim Willie: 58 Recent Global Shifts That Are QUICKENING The Death Of King Dollar
    by Jim Willie the Golden Jackass , via https://www.silverdoctors.com/
    Many are the turning points with individual nations, once firmly in the Western alliance camp, but no longer. They are flipping eastward or in the case of China cutting the major cords. The Shanghai developments are by far the most important in the financial setting. The Petro-Dollar is seeing its last months after a 43-year reign as defacto standard. Its retirement will begin in the East, then spread to the decaying loyal Western nations. The entire geopolitical chessboard is becoming more aligned with the Eurasian Trade Zone, one nation after another. Its cornerstones are Russia, China, and increasingly Iran. It has gathered some Eastern European countries like Turkey, and will gather more. It has pursued the Middle East oil monarchies, and will succeed in lassoing them into the zone corral. Whether they deploy financial connections, or trade ties, or security links, these nations no longer see the United States and British (who walk the American dog with a monetary leash) as the leading global players any longer. The leaders are China with its financial and industrial might and Russia with its energy and commodity strength.

    As the global structure shifts in alignment, many nations will be involved in the shifts directly. It can be perceived as chess pieces in movement. The many bilateral connections are being altered, so as to fit within the new forces. The power center is moving from West to East, although certainly very slowly. Some call it a giant ship changing course, but the Jackass thinks of it more as a very large baby being formed with numerous umbilical cords, which requires a very long gestation period like that for an elephant. The Eastern centers must remove the vestiges of old colonial power links. It is a very slow process, whereby the East must accept losses from the uprooted stanchions. The Eastern leaders measure their risks, make the changes, and consider the losses as part of a reorganization much like done with the better observed structural changes done by IBM or Chrysler.

    Walls on all continents are seeing more clear graffiti. The writing is on the walls for the King Dollar first relinquishing its dominant position, then soon permitting a peaceful coexistence with the Chinese RMB, and later suffering the ignominy of gradual more complete removal as global currency reserve. Expect next to see a wider recognition of the Dual Universe, with the USD pitted against the RMB but without war. The current challenges are numerous, significant, and undeniable. The following nations are central to the global paradigm shift in progress. Cited are some key events in the shift. They have two themes in common, energy pacts and financial flight from the King Dollar. The more full description with effects, angles, and players is included in the October Hat Trick Letter, now in the production phase.

    read more.

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October 12, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Leave a comment

Eastern Europe DESTROYS EU Integration Plan: Nations SPLIT ‘Will Lead to EU BREAK UP’

http://www.express.co.uk/news/world/864507/Eu-integration-Emmanuel-macron-Hungary-Poland-Croatia-Bulgaria-Romania

Click on image for article.

http://www.voxeurop.eu/en/content/news-brief/2211991-10-countries-united-states-europe

Click on image for article.

http://www.telegraph.co.uk/news/2017/09/17/jean-claude-junckers-grand-plan-eu-first-laid-84-years-ago/

Click on image for article.

https://twitter.com/ConMEPs/status/907957748427624448

Click on image for article.

http://www.express.co.uk/news/politics/848559/European-Union-Guy-Verhofstadt-Brexit-France-transnational-vote-European-Parliament

Click on image for article.

http://www.express.co.uk/news/politics/838915/European-Union-Spain-eurozone-budget-EU-finance-minister

Click on image for article.

http://www.newworldencyclopedia.org/entry/Jean_Monnet

October 11, 2017 Posted by | EndTimes, GeoPolitics | , , , , , , | Leave a comment