Socio-Economics History Blog

Socio-Economics & History Commentary

Washington’s Financial Currency War on China: The Eclipsing of the US Dollar by the Yuan

http://www.globalresearch.ca/washingtons-financialcurrency-war-on-china-eclipsing-of-us-dollar-by-yuan/5473064

Click on image for article.

http://english.pravda.ru/news/world/24-06-2015/131098-us_china-0/

Click on image for article.

http://www.presstv.ir/Detail/2015/05/28/413287/US-war-China-Russia-

Click on image for article.

http://www.inquisitr.com/2122007/china-warns-world-war-3-is-inevitable-if-u-s-refuses-to-stop-meddling-we-do-not-want-it-but-well-accept-it/

Click on image for article.

September 2, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , | Leave a comment

Chinese Stocks Open Down Hard As PBOC Strengthens Yuan By Most Since 2010 & Default Risk Hits 2-Year High

Why is China strengthening the CNY (Chinese Yuan) after they devalued it a few weeks ago? Things are not what they seem.

Why is China strengthening the CNY (Chinese Yuan) after they devalued it a few weeks ago? Things are not what they seem.

  • Chinese Stocks Open Down Hard As PBOC Strengthens Yuan By Most Since 2010 & Default Risk Hits 2-Year High
    by Tyler Durden, http://www.zerohedge.com  
    From the moment Japan opened, USDJPY buying took off (standard 100 pip rip on absolutely no news whatsoever) as yet another manipulated market breathed new life into equity longs dreams. That ‘help’ combined with the fact that, as SCMP’s George Chen reports, 50 China brokerages will jointly contribute 100 bln RMB capital to the government margin finance agency to start “new round of market rescue” provided some stability after US markets’ collapse. However, tonight’s big news appears to be a major crackdown on leverage as MNI notes regulators ordering brokerage houses to clear all non-official margin trading services – not just halting new clients but also closing existing accounts. Chinese stocks are opening modestly lower as PBOC fixes Yuan stronger for the 4th day in a row. Finally, China credit risk has spiked to 2-year highs as traders increase positions dramatically. The manipulation will continue through tomorrow at least when Parade Week peaks, so buckle up.
    ….

    And then PBOC Strengthens Yuan: 

    *CHINA SETS YUAN REFERENCE RATE AT 6.3619 AGAINST U.S. DOLLAR
    *CHINA RAISES YUAN REFERENCE RATE FOR FOURTH DAY


    read more.

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September 2, 2015 Posted by | Economics | , , , , , | Leave a comment

China Displacing Monopoly of US Dollar, Bretton Wood System

http://sputniknews.com/politics/20150831/1026407875.html

Click on image for article.

  • The end of the US dollar as world reserve currency means the end of the western global hegemony. The western Illuminati will never let that happen without a fight. They are prepared to send the world to thermonuclear WW3 hell to maintain their global economic, financial and currency hegemony.

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September 2, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

Putin Says Dump Dollar

http://www.rt.com/business/313967-putin-says-dump-dollar/

The war drums will beat even louder. Click on image for article.

  • Russia and China are making their moves to end the global monetary hegemony of the western Illuminati. This hegemony centers around their world reserve currency: the dollar. With it they create gobs of money out of thin air to finance their wars without end, buy up the world, attack nations, manipulate prices/markets … destroy countries economically …. etc. WW3 is fast approaching.

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September 2, 2015 Posted by | Economics, GeoPolitics | , , , , , , | Leave a comment

The Petrodollar Unwinding Will Decimate The Economy

  • Published on Aug 31, 2015
    Foreign investors are nervous and they are removing their investments from China. Japan factory output declines. Canada is heading into a major recession. Chicago PMI and Dallas manufacturing implode. Walmart give employees a raise then cuts hours. Retail department stores is now declining. Central banks removing their gold from the FED. The petrodollar is unwinding which will send the economy into a full blown collapse. Central bankers are now blaming this collapse on China. Obamacare Cadillac tax kicks in the year 2018.

petrodollar-system-101

petrodollar-explained

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September 1, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Hidden $Trillion QE Monthly Volume

JanetYellen-helicopter-QE

  • Jim Willie: Hidden $Trillion QE Monthly Volume
    by Jim Willie, http://www.goldenjackass.com/  
    The massive Quantitative Easing (QE) abuse by the USFed and steeped lies are centered on its volume, which in reality is an order of magnitude higher than admitted. The recent usage of certain REPO windows has been effective to disguise huge volume of bond purchases. The entire bond system is irreparably corrupted. The REPO window hides QE extras with naked bond shorting linked to a $1 trillion extravaganza that receives almost no publicity. While the public, and even more financial market participants, focus on the Dow Jones stock index, the Treasury Bond yield, the crude oil price, and very little else, they overlook the Reverse REPO window and the related Failures to Deliver data for USTreasury Bonds. The two work like a hand and glove. 

    The abuse is laced all through the USTreasury Bond market. These big banks never pay for their crimes, as they repeat them in other forms. Since JPM is the official USFed market agent, no consequence in criminal charges. It is given praise and more bond redemptions. When caught, the Wall Street and London Centre banks pay fines and penalties, sometimes even meager restitution, but they chalk it all up to a business expense. Criminal fraud is merely a cost of doing business in New York and London. The public is none the wiser. The American public by and large are in need of remedial education, lately showing no knowledge of money, capital, banking reserves concepts, the USDollar status, or economic meters. The greatest shortcoming is knowledge of how to grow an economy, since tin cupping with handouts aint the answer. The answer is found in business investment, something our Marxist leaders oppose unless they have personal investments involved. See Chertoff and airport devices. See Rumsfeld and Tamiflu programs. See Obama and Solyndra investments.

    REVERSE REPO ABUSE
    Focus on the Reverse REPO, which is highly innovative from two angles. Normally the USFed requires collateral to be placed at the REPO window, from companies seeking cash infusions on a temporary basis. Sometimes the USFed announces a ripe volume of Reverse REPO infusions into the system. They occasionally attract bad attention, but it wanes with the next fiction on strong markets and recovering economies, or even debate among fools who anticipate official rate hikes. The USFed uses the Reverse REPO to hide some of its QE volume. It is concealed QE volume, part of the biggest lie in US financial history since the USFed has generated multiple $trillions in hidden channel support, massive gushers. The key is no collateral placed on the opposite side of the window. It is neither stimulus nor minor in volume. The central bank helm is managing a gigantic volume, hidden in numerous ways. The John Q Public is none the wiser, reading the controlled fiction in financial press publications, about wondrous stimulus. In reality, QE kills capital and assures an economic collapse. It is happening before our eyes.


    The related other side of the table features the Failures to Deliver on USTreasury Bonds. The Wall Street Journal and New York Times report on the phenomenon, but quickly move off the topic. To have a significant figure of undelivered USTBonds speaks of more deep criminality. It indicates counterfeit or naked shorting by Wall Street banks. They have found a way to bring in liquidity to their broken insolvent big banks, selling USTBonds they do not own, receiving the funds into the corporate treasuries, improving handsomely their cash flow, never to deliver on the product. The buyer is often none other than the US Federal Reserve, which does not force prosecution for counterfeit or bond fraud from its vassal bank accomplices in the crime of counterfeit. 

    read more.

Carroll_Quigley_Tragedy_n_Hope2

Charles_Lindberg_on_FedRes

Josiah_Stamp_BOE_on_Bankers_n_Slavery

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September 1, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a comment

Jeff Berwick: The Shemitah Economic Collapse, Media Hoaxes and More

http://surviveshemitah.com/SHEMITAH.pdf

Click on image for article.

September 1, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , | Leave a comment

China Strengthens Yuan Most Since Nov 2014 After PMI Hits 3-Year Low, PBOC Offers “Hope” As A Strategy For Stocks

China_vs_US_currency_war

  • I thought China wants to devalue their Yuan. After all they devalued it at least 3x in the past few weeks. Why are they now strengthening their currency? The earlier devaluation of the CNY is not what it seems. It is really to provide cover for the dumping of US treasuries (and USD) to the tune of at least US$106B. When they sell the dollar, the CNY will strengthened. So a ‘devaluation’ of the CNY will keep the exchange rate stable and economic growth unaffected. The Chinese will then not be blamed for the collapse of the dollar and the global financial system. All bets are off, however, when they have cleared all their US treasuries and dollar reserves.
  • China Strengthens Yuan Most Since Nov 2014 After PMI Hits 3-Year Low, PBOC Offers “Hope” As A Strategy For Stocks
    by Tyler Durden, http://www.zerohedge.com 
    Having exposed the culprit for all of its economic and market woes, China is likely going to have problems explaining why its economic plague is still spreading (with South Korean exports collapsing and Japanese Capex growth slowing) and China’s official manufacturing PMI slipped into contraction for the first time in 6 months (to 3 year lows). Amid the face-saving clean-air of Parade Week, the appearance of awesomeness must prevail and following the worst quarter since Lehman, stocks are indicated lower despite having received some ‘help’ into last night’s close. PBOC proxies push ‘hope’ as a strategy for stock stability (even as US markets and oil are re-collapsing) as margin debt drops to an 8-month low – still double YoY though. PBOC fixes Yuan 0.22% stronger- the biggest jump since Nov 2014 – as it injects another CNY150bn via 7-day rev.repo.

    read more.

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September 1, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

WW3 UPDATE! Another EXPLOSION Hits Shandong, China (Third Blast In 2 Weeks)

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September 1, 2015 Posted by | Economics, GeoPolitics | , , , | Leave a comment

WARNING: This Global Collapse Will Be Unlike Anything In Recorded History! Expect Even Greater Fireworks In September And October

Global_Economic_Collapse_accelerates

  • WARNING: This Global Collapse Will Be Unlike Anything In Recorded History
    by http://www.kingworldnews.com
    Today a legend in the business cautioned King World News that people should expect even greater chaos and fireworks in world markets in September and October.  This piece also warns that this global collapse will be unlike anything in recorded history.

    August 30 (King World News) – John Ing:  “I am focused on the ramifications of the Chinese devaluation.  There is a lot of misinformation about this move but the reality and the point of the exercise is a product of the ongoing race to the bottom as far as currencies.  All of this is a result of unprecedented worldwide quantitative easing and liquidity….  

    Expect Even Greater Fireworks In September And October 

    read more.
Global financial tsunami coming soon??!

Global financial tsunami coming soon??!

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August 31, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Alex Jones Full Show: War on Freedoms Through Cashless Society – 08/28/2015

  • Published on Aug 28, 2015
    On the Friday, August 28 edition of the Alex Jones Show, we analyze the waves of illegal immigrants flooding Europe, as the continent struggles to take on thousands fleeing their own countries. We also look at the Financial Times’ anonymous call to abolish cash, and the global move to usher in a cashless society. On today’s show, we also look at new undercover films exposing McDonald’s and Tyson Food’s factory animal cruelty. Financial analyst Peter Schiff joins today’s show to discuss the European migrant crisis, China’s roller coaster stock market rebound, and other financial news.

https://www.biblegateway.com/passage/?search=Revelation+13%3A16-18&version=NKJV

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August 31, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Peter Schiff: U.S. Dollar Crisis Is Underway

August 31, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , | Leave a comment

Craig Hemke: Bond Market Explosion Not Stoppable

  • Craig Hemke: Bond Market Explosion Not Stoppable
    by Greg Hunter’s USAWatchdog.com 
    Financial expert Craig Hemke says there is an explosion coming in the bond market–it’s just a matter of when. Hemke explains, “Yes, at some time eventually, yes, just because mathematically the debt based system is unsustainable. It’s now grown so large in the amount of continued debt that it takes to service the existing debt makes it all move exponentially against you, and it is spiraling towards an eventual failure.”


    What can they do to stop the bond market from blowing up? Hemke contends, “You can’t. It’s not stoppable and it’s not sustainable. At some point, it simply collapses. As much as the pundits and money managers and talking heads on the financial TV want to convince everyone that everything is fine . . .and it’s just bliss and nirvana. Eventually, it is a mathematical certainty that the music stops. Getting back to China, we have ceded control of that to them . . . They can pull the plug on it whenever they want, and that is the most dangerous part of where we are headed.”

    Hemke, who has Wall Street experience that dates back to 1990, says, “The whole thing is a charade akin to a movie set. . . . We have the illusion of markets, and that is propped up on a daily basis by the financial media who has an interest in propping it up. They parade money managers on there who have an interest in making it seem all is well because they are collecting fees. You also have the Fed pretending to be in control through their interest rate policies and trying to make it sound like the economy is doing just fine. . . .All of it is a hall of mirrors or a charade to try to convince everybody that it is all okay. When I got into this business 25 years ago, there was an actually functioning stock market . . . it was buyers and sellers, actually real people. Now, 75% of the volume of the listed stocks is done by high frequency trading computers. . . . It is a fraud, a scam and a charade.”

    read more.

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August 31, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , | Leave a comment

Citigroup Chief Economist Thinks Only “Helicopter Money” Can Save The World Now

Yellen: "I need bigger and more helicopters!"

Yellen: “I need bigger and more helicopters!”

Hyperinflation-Janet_Yellen_Breakfast

Baby Janet Yellen training for QE.

Baby Janet Yellen training for QE.

Janet Yellen: You ain't seen nothing yet!

Janet Yellen: You ain’t seen nothing yet!

One_Trillion_Obama_US_Dollars

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August 31, 2015 Posted by | Economics | , , , , , , , , , | Leave a comment

Jim Willie Alert: The Global Financial War Is Now Full-Blown HOT!

  • Published on Aug 28, 2015
    Jim Willie Is Pete’s special guest tonight and says any Nation that has a devaluation in the future can look forward to a military attack … The type of attack may surprise you.


    About Jim Willie: The man behind the name Jim Willie has experience in three important fields of statistical practice in the 23 years following completion of a PhD in Statistics at Carnegie Mellon University. The thesis topic was in the field of stochastic processes. He spent time since 2001 in a private consulting firm in Pittsburgh, PA. The work included pharmaceutical and medical claim estimation, stratified sampling for consumer packaged goods market share, training seminars in advanced regression models, and consulting toward various other projects within the firm. In August of 2003, he became a low-cost solution at his firm, the job as vanished, which opened a great door. At that time, he launched the Hat Trick Letter and the rest is history.

    Since 2004, Jim has worked full-time on the newsletter. The work is focused exclusively on the US and world economies, financial markets, currencies, and the commodity fields. Gold and energy, along with central bank monetary policy have been a prime focus in the Hat Trick Letter, which has reached a 10-year anniversary in May of 2014. The list of correct mega-forecasts is long, the focus sharp, the scope global, the sources deep, the colleagues adept, and the work tireless. Not having a professional training in Economics has enabled a much clearer analytic style, free from delusion and defense of the system. While the profession boasts a correct forecast rate of about 30%, the Jackass carries a near 90% correct forecast rate, since criminal activity and market interference are well integrated in the work, and propaganda from Wall Street, the Federal Reserve, and the USGovt are routinely doubted and dismissed. The economics professor has turned into a disgraceful field of big bank marketing agencies and investment steering committees. As he prefers to say, “My work is unencumbered by the limitations of economics credentials. My loyalty is to the subscribers and loyal following.”

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August 31, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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