Socio-Economics History Blog

Socio-Economics & History Commentary

Marc Faber: Central Banks Could End Up Owning Every Asset In a Country

  • Silver Bullion Published on Sep 18, 2018
    SBTV’s latest guest is Dr Marc Faber, editor of the Gloom, Boom & Doom Report. We discuss the signs showing that the US is an empire in decline and how the next financial crisis will impact asset owners. Despite the video difficulties in this episode, Dr. Faber doesn’t disappoint and delivers a great interview on various topics. We also asked Dr Faber what he would do to reverse the US trade deficit if he was the President of the US. Discussed in this interview:

    01:18 Do trade wars do any good?
    08:30 Even with free trade, how competitive is the U.S?
    11:46 How the U.S trade deficit could be reversed.
    15:24 Is the U.S an empire in decline?
    18:33 Will U.S Treasury holders dump U.S dollars?
    24:36 U.S dollar to lose its reserve currency status?
    29:23 How many more Fed rate hikes ahead?
    31:55 Silent socialism: Central bank could own all assets in a country.
    38:49 How the next crisis compares to the 2008 financial crisis?
    41:28 How can your wealth survive the next financial crisis?

http://www.newdawnmagazine.com/Article/A_Global_Central_Bank_Global_Currency_World_Government.html

Click on image for article.

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September 21, 2018 Posted by | Economics, EndTimes, GeoPolitics, Social Trends | , , , , , , , , , , , , , , | Leave a comment

Faith In The Central Banks Economic System Erodes, Countries React

  • X22Report Published on Sep 19, 2018
    The central bankers pushed the idea that criminals use cryptocurrency, but we see time and time again that the banking system is being used for criminal activity, Danske bank caught laundering billions of dollars. The housing market continues to implode on itself, permits fall and it doesn’t look good for the upcoming winter months, when the Fed raises rates again the housing market decline will accelerate. Countries are not buying up treasuries, the US government, people and investments in America are now the holder of the majority of the treasury bonds.

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September 20, 2018 Posted by | Economics | , , , , , , , , , , | Leave a comment

Trump, Tribunals & The Deep State

  • Operation Freedom Published on Sep 18, 2018
    The spotlight of this Briefing focuses on The Reset of The Rule of Law, the implementation of tribunals & the fate of The Deep State. Further content available at http://www.davejanda.com

http://www.nytimes.com/2015/09/15/us/examining-who-runs-the-united-states.html

Click on image for article.

http://www.rollingstone.com/politics/news/snowden-and-greenwald-the-men-who-leaked-the-secrets-20131204?page=4

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September 20, 2018 Posted by | GeoPolitics | , , , , , , , , , , , , | Leave a comment

Michael Pento: Inflationary Insolvency Will Make Gold and Silver Explode. Next Financial Meltdown FedRes Going All In

  • Michael Pento: Inflationary Insolvency Will Make Gold and Silver Explode. Next Financial Meltdown Fed Going All In
    by Greg Hunter’s USAWatchdog.com
    Money manager Michael Pento says the massive bubble blown by global central banks is “unraveling now.” Pento explains, “It is a fact, it is starting already. If you look at Chinese shares, if you look at all the emerging markets and if you look at commodity prices, the collapse is already starting. It starts here (in the U.S.) in the fall, and it really defuses around commodities and assets in general in 2019.”


    So, countries are going to default on debt? Pento says, “Yeah, but it might not be Argentina that defaults. It could be the entire world that defaults, but first, before that happens . . . the Fed is on record, and it says it made a lot of mistakes. One of the mistakes they say is it acted too slowly. Too slowly? The Fed was lowering rates in 2007. They took rates to 0% by 2008. They went very quickly. They are going to lower rates even faster next time. By the time the next disaster hits, they are only going to have 250 basis points, not 525. The Fed also said they are going to go into quantitative easing (money printing) much quicker and much faster. They did not rule out negative interest rates. In other words, the Fed says they are going to go all in immediately at the first sign that things have gone bad. So, the first time they understand we are headed for the next global meltdown, boom–all in right away . . . . They also said another massive fiscal stimulant is needed.”

    read more.

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September 20, 2018 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

The Committee to Destroy The World: The Federal Reserve

  • The Committee to Destroy The World: The Federal Reserve
    by VIRGINIA FIDLER, http://www.goldtelegraph.com/
    The general belief among average citizens is that the purpose of central banks is to help the economy by fighting inflation and mitigating financial crisis. It’s a fairy tale that politicians like to encourage. If there were any truth to it, however, where was the Federal Reserve during the crisis of 2007? Rather than helping, it was widening the crisis with its easy money policies.

    While central banks are not a government entity, their primary purpose is to create money for the benefit of the government. By mindlessly printing fiat currency, central banks create a shaky illusion of financial stability. In reality, each central bank is a monopoly that controls the production of distribution of currency and interest rates. Most importantly, it also controls gold reserves. While paper currency allegedly has the backing of the government, it is the central bank that controls the value of the currency at any specific time.

    The first central bank, the Central Bank of England, was created in the 17th century as a scheme to enable the king to pay off his debts. As each country established its own central bank, it has been used by its government as a personal bank account.

    With the government’s permission, central banks print money for the use of commercial banks to lend out at a specified rate of interest. Together, they work at inflating the money supply through a system called fractional-reserve banking. Commercial banks are required to keep a fraction of their money in reserve. For example, if someone deposits $1,000, the bank has to keep 10 percent in its vaults. That $100 cannot be lent out. It can only lend out $900, thereby creating two separate claims on those funds: the original deposit of $1,000 and the subsequent borrower of the $900. The supply of money in circulation has been artificially increased to $1,900. That is only one of the ways central banks manipulate the fiat money supply.

    read more.

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

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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

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

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

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September 19, 2018 Posted by | Economics, History | , , , , , , , | Leave a comment

Professor Stephen Cohen: America’s Collusion With Neo-Nazis

  • America’s Collusion With Neo-Nazis
    by Stephen F. Cohen, https://www.thenation.com/, 2 May 2018
    Stephen F. Cohen, Professor Emeritus of Russian Studies and Politics at NYU and Princeton, and John Batchelor continue their (usually) weekly discussion of the new U.S.-Russian Cold War. (Previous installments, now in their fifth year, are at TheNation.com.)

    Cohen begins: The orthodox American political-media narrative blames “Putin’s Russia” alone for the new U.S.-Russian Cold War. Maintaining this (at most) partial truth involves various mainstream media malpractices, among them lack of historical context; reporting based on unverified “facts” and selective sources; editorial bias; and the excluding, even slurring, of proponents of alternative explanatory narratives as “Kremlin apologists” and carriers of “Russian propaganda.” An extraordinary example appeared on May 1, when Jim Sciutto, CNN’s leading purveyor of Russiagate allegations, tweeted that “Jill Stein is … repeating Russian talking points on its interference in the 2016 election and on U.S. foreign policy.” To the extent that Sciutto represents CNN, as he does almost nightly on air, it is useful to know what this influential network actually thinks about a legitimate third party in American electoral democracy and its presidential candidate. And also about many well-informed Americans who have not supported Stein or her party but who strongly disagree with CNN’s orthodox positions on Russiagate and U.S. foreign policy. No less important, however, is the highly selective nature of the mainstream narrative of the new Cold War, what it chooses to feature and what it virtually omits. Among the omissions, few realities are more important than the role played by neo-fascist forces in U.S.-backed, Kiev-governed Ukraine since 2014. Not even many Americans who follow international news know the following, for example:

    — 
     That the snipers who killed scores of protestors and policemen on Kiev’s Maidan Square in February 2014, thereby triggering a “democratic revolution” that overthrew the elected president, Viktor Yanukovych, and brought to power a virulent anti-Russian, pro-American regime — it was neither democratic nor a revolution, but a violent coup unfolding in the streets with high-level support — were sent not by Yanukovych, as is still widely reported, but instead almost certainly by the neo-fascist organization Right Sector and its co-conspirators.

    —  That the pogrom-like burning to death of ethnic Russians and others in Odessa shortly later in 2014 reawakened memories of Nazi extermination squads in Ukraine during World War II has been all but deleted from the American mainstream narrative even though it remains a painful and revelatory experience for many Ukrainians.
    —  That the Azov Battalion of some 3,000 well-armed fighters, which has played a major combat role in the Ukrainian civil war and now is an official component of Kiev’s armed forces, is avowedly “partially” pro-Nazi, as evidenced by its regalia, slogans, and programmatic  statements, and well-documented as such by several international monitoring organizations. Congressional legislation recently banned Azov from receiving any U.S. military aid, but it is likely to obtain some of the new weapons recently sent to Kiev by the Trump Administration due to the country’s rampant network of corruption and black markets.
    —  That stormtroop-like assaults on gays, Jews, elderly ethnic Russians, and other “impure” citizens are widespread throughout Kiev-ruled Ukraine, along with torchlight marches reminiscent of those that eventually inflamed Germany in the late 1920s and 1930s. And that the police and official legal authorities do virtually nothing to prevent these neo-fascist acts or to prosecute them. On the contrary, Kiev has officially encouraged them by systematically rehabilitating and even memorializing Ukrainian collaborators with Nazi German extermination pogroms and their leaders  during World War II, renaming streets in their honor, building monuments to them, rewriting history to glorify them, and more.

    read more.
http://www.globalresearch.ca/ukraine-secretive-neo-nazi-military-organization-involved-in-euromaidan-snyper-shootings/5371611?utm_source=rss&utm_medium=rss&utm_campaign=ukraine-secretive-neo-nazi-military-organization-involved-in-euromaidan-snyper-shootings

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http://www.globalresearch.ca/ukraine-transition-government-neo-nazis-in-control-of-armed-forces-national-security-economy-justice-and-education/5371539

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US Assistant Secretary of State “F*** the EU” Victoria Nuland together with Neo Nazi Svoboda leader Oleh Tyahnybok (left)

http://www.infowars.com/us-backed-neo-nazi-party-given-key-roles-in-ukrainian-government/

Senator McCain and Ukraine neo-Nazis. Click on image for article.

http://www.larouchepub.com/pr/2014/140203ukrainefactsheet.pdf

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September 18, 2018 Posted by | GeoPolitics | , , , , , , , , , | Leave a comment

Jim Willie: Global Crisis Hot Spots and Pressure Points. The Global Financial Reset Has Begun

  • Global Crisis Hot Spots and Pressure Points
    by Jim Willie, http://www.goldenjackass.com/, via http://www.goldseek.com/
    A preface is required to explain that the US Federal Reserve is responsible for every grand financial crisis in the last 30 years, dating back to the Great Depression and its supposed spurious resolution to Black Monday of 1987. Little realized is that the ’87 crash was a direct result of the impact from outsourcing US industry, whose trend began in 1984 with Intel. The lost legitimate income had a grand effect on the inflows to the US Stock Market. Of course, the newly forming Reich Economic team preferred to describe it differently. The important outcome from the cleanup was the creation of multi-$trillion bank derivatives to serve as phony foundation for the entire Western banking system. Greenspan blessed it as good and firm, but now we know it was soft and weak. These derivatives are blowing up, which will require bailouts and a replacement in the Gold Standard. Instead, expect the derivatives to ramp up further with greater leverage up to the assured catastrophe. The fallout will be great.

    Two critical factors have contributed to the ruin of the King Dollar realm, the global financial structure in place since 1974, but greatly altered since 2012. The first is the entire concept of outsourcing US industry. This is a tremendous textbook example of micro-economics making individual success stories with greater profitability, like to Intel Corp, which began the outsourcing trend. These realized lower costs. But the failure is at the macro-economic level, since the USEconomy lost a large chunk of its legitimate income. The Reich Economists (aka Keynesian mutants) promoted the entire movement, and steered the nation toward the clean society with financial engineering. Its results can be seen with financial crisis in sequence without end, at first with the subprime mortgage bond situation and later with USGovt debt dependent upon direct monetization. The entire US financial structure has become a computer machinery driven obscenity with pervasive derivative usage in hidden form. It is probably in the $trillions each month, ever since the vast Petro-Dollar derivatives began to be dismantled. Now the USEconomy is debt-ridden beyond simple patchwork solutions. which will require bank bailouts and a replacement in the Gold Standard. Instead, expect the households to see bail-ins in a grand betrayal and exercise of tyranny.

    THE GLOBAL FINANCIAL RESET HAS BEGUN
    Let it be known that the resolution of the financial crisis in Turkey can be regarded as the first critical step in the Global Financial RESET, which has already begun. This is according to consensus among the Jackass colleagues. The introduction to critical steps has been the ongoing Deutsche Bank rescue and Italian banking system life support, in the West. The introduction to critical steps has been the creation of the Gold-Oil-Yuan futures contracts in the East. THE GLOBAL RESET BEGAN A FEW MONTHS AGO, WITH NO MARQUEE SIGNS, NO FLASHING LIGHTS, NO BANDS, NO HOOPLA. The banker cabal prefers that the public is ill-prepared, since the elites among them are busily preparing their positions for tremendous profits in the $trillions, equal to the losses expected by the clueless public.


    read more.

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September 17, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a comment

Catherine Austin Fitts: We’ve Reached “Never Never Land” Accounting. Dollar Dominant & Dangerous – System Not Stable

  • Catherine Austin Fitts – We’ve Reached “Never Never Land” Accounting. Dollar Dominant & Dangerous – System Not Stable 
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Investment advisor and former Assistant Secretary of Housing, Catherine Austin Fitts, predicts the global financial system “will take some big hits before the end of the year.” Fitts explains, “Right now, economists say the dollar is ‘dangerous and dominant.’ It’s still, if you look at the market shares around the world, it’s still very, very significant portion of total reserves. So, it’s still very important. At the same time, the U.S. dollar hegemony is probably not going to last forever . . . So, I think the long term dollar looks very weak. Short term, it doesn’t look like it’s coming apart anytime soon, as far as I can see. What that means is when you have something that is dangerous and dominant, you have the possibility of extreme volatility events. That’s the new code word for the ‘you know what’ hits the, you know what. Whether it’s different countries exploding economically, or we whether are pressuring people that makes them very uncomfortable, these kinds of fights over shrinking pies are very dangerous because they mean covert wars. They mean overt wars, and the more we steal pies from each other instead of make new pies, the worse the situation gets. That’s what you are seeing. The system is not stable.”

    Fitts goes on to say, “The real push are for real assets: real assets reflected in a stock, or real assets reflected by real estate or precious metals.”

    read more.

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September 17, 2018 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

It’s Happening, Get Ready For A New Economic System

  • X22Report Published on Sep 14, 2018
    Bank of England is warning that if there is no deal BREXIT the entire economic system will come crashing down but the banks will be ok. Central bankers threatening those who want to leave. Sears is going down, they can not survive and in the next couple of months most likely after the holidays Sears will not exist. Retail sales decline, more stores close as the economy implodes on itself. The entire system is cannot survive the central banking system, get ready for a new economic system.

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September 15, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a comment

Ron Paul: The Dollar Will CRASH – The Banking System Is BANKRUPT!

  • World Alternative Media Published on Sep 12, 2018
    Josh Sigurdson talks with Dr. Ron Paul, former congressman, presidential candidate, author and host of The Liberty Report. Dr. Paul talks about the coming dollar crash and how it will happen. There is no escaping the fact that all fiat currencies throughout history have reverted to zero eventually. While the fundamentals are off the table due to the level of manipulation in the monetary system as well as in the markets and one cannot put a date on the coming crash, we know it has to happen. It’s inevitable. As we reach a potential yield curve inversion, this will not end well. Will we see a global centrally planned cashless society? Dr. Paul says it’s a desperation move to attempt to implement such an agenda, but that it’s not likely to actually succeed. All the same the potential is a major problem and something individuals must understand.

    From that, Dr. Paul talks about the insolvent banking system and how the cash to deposit ratio among the banks show that the banks must fail. Many of the major banks have a ratio of less than 1% of deposits covered in cash. They never recovered following 2008 and have been essentially propped up, only getting worse as they’re further centralized into temporary prosperity. The everything bubble is also a major issue on the coming timeline. We have a pension bubble that could see a 400 trillion dollar shortfall globally by the year 2050. That’s more than 4 times the global yearly GDP. Can it sustain itself? Certainly not. Dr. Paul talks about the countless problems with the pension system and with that the utter dependency so much of the populace has on government. Is there a concerted effort to push the populace into complete dependency to the state and banking system? Absolutely says Dr. Paul. That’s the point!

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September 14, 2018 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

Jim Willie: We Are In The Reset

September 10, 2018 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , | Leave a comment

Hold Onto Reality in a World Disconnected From Reality | Rob Kirby

  • Reluctant Preppers Published on Sep 6, 2018
    When official government economic indicators are bogus, independent voices are being expunged from media, political leaders deny the obvious with straight faces, and blatant wrongdoing goes unspoken and unpunished, are we doomed to surrender ourselves to living shadow lives in an unreal world? Rob Kirby, proprietary analyst and founder of KirbyAnalytics.com, returns to Reluctant Preppers to vigorously declare that we can determine our own future, reject the facades of falsehood constantly being propped up around us, and make solid choices based on real truth. Kirby answers YOUR viewer questions, and weighs in on whether Canada has true sovereignty or is subject to the US & Euro zone. He also advises whether we each have sovereignty in our own lives. Kirby at his finest!

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September 8, 2018 Posted by | Economics | , , , , , , , , , , , , , , , , | Leave a comment

HEADS UP: Central Bank Domino’s Falling!

  • ITM Trading Streamed live 3 hours ago
    The global contagion has begun. At this writing thirteen fiat currencies are imploding, and currency markets no longer seem to be listening to the central bankers as any intervention has a very short or no impact at all. What the globalists feared, is now coming to pass. In my opinion, we have just entered the next phase of the fiat system unraveling as confidence in emerging market central bankers evaporates. Since it is the “Full Faith and Credit” that supports the fiat system, this loss in confidence is critical. So what do governments and central bankers have confidence in? Physical gold. They know that gold is real money with global value, that is beyond the control of any other government or central bank. They know, what J.P. Morgan knew at the start of this fiat experiment, “Gold is money. Everything else is credit.”

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September 7, 2018 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

It’s All About To Drop, And It Won’t Be Easy For Some: “V” The Guerrilla Economist

September 3, 2018 Posted by | Economics | , , , , , , , , , , , , , , , , , | Leave a comment

US Military Presence in Africa: All Over Continent and Still Expanding

Africans holding up signs like “Down with AFRICOM” , “Oil Robbers out of Africa” and “NATO kills for oil”!

http://allafrica.com/stories/200908140153.html

Click on image for article.

http://www.globalresearch.ca/towards-the-conquest-of-africa-the-pentagon-s-africom-and-the-war-against-libya/24171

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http://www.presstv.com/detail/2013/03/07/292298/africom-and-the-recolonization-of-africa/

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September 1, 2018 Posted by | GeoPolitics | , , , , , , , , | Leave a comment