Socio-Economics History Blog

Socio-Economics & History Commentary

The FedRes’ Independence Questioned, Maybe Not Good For The Country, So Why Does It Exist: C Smith

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

Who owns the world reserve currency, the dollar, the global monetary hegemony? Look at the Satanic capstone on your dollar bill. The Luciferian New World Order will be complete with the arrival of the Satanic capstone: the Anti-Christ, fake messiah, bringer of false peace, the white horseman of Revelation 6!

October 22, 2018 Posted by | Economics | , , , , , , , , | Leave a comment

Economy Signaling Warning, Illegal Alien Caravan, 2018 Midterm Update

  • Economy Signaling Warning, Illegal Alien Caravan, 2018 Midterm Update
    by Greg Hunter’s USAWatchdog.com (WNW 357 10.19.18)
    The stock and bond markets look like they are wobbling and signaling a warning. One day the stock market is up 500 points, and the next it’s down 800 points. Gregory Mannarino of TradersChoice.net says, “Nothing is real and everything is fake.” The bond market is also gyrating up and down along with interest rates. With global debt at all-time record highs, even a small spike in interest rates could cause the whole financial system to come tumbling down without notice. The financial asset bubble blown to reflate the losses of 2008 could, once again, correct to fair value from a much higher high. Mannarino has long said everything will eventually correct to fair value, and that will look like a bigger disaster than the 2008 meltdown.

    The caravan of an estimated 4,000 illegal aliens from Central America is trying to make the long trip from southern Mexico to the southern border of the U.S. President Trump says it is yet another desperate stunt implemented by Democrats and the global elite.   Trump has threatened the Central American nations these folks are coming from with a cut off of U.S. foreign aid. This seems to be working to stop the caravan. Trump has also said if Mexico does not stop the caravan, then he will deploy the military and stop them from coming into America.

    Democrats think they are going to retake the House of Representatives in November. If they win, the Speaker of the House will, once again, be Nancy Pelosi. Pelosi has promised massive gun control and open borders. The Dems cannot win with this message. So, they will have to cheat, and Trump and the Republicans will try to stop the voter and election fraud that the mainstream media is reporting as GOP voter suppression.

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

Countries Around The World Are Already Transitioning Their Economies

 

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

Lynette Zang: Dollar Collapse & Gold

  • ITM Trading Streamed live on Oct 16, 2018
    yt-… Link to Slides and Sources: https://www.itmtrading.com/blog/takes…

    Question 1. Sean B: Would zirp apply to brokerage accounts? Would a brokerage money market account be safer than a bank account?
    Question 2. Stephanos R: How do you come up with 25 gold 1oz coins can buy you 1 square block, buildings and all?
    Question 3. Richard W: Can the US Treasury change the maturation date of a bill/note/bond? ie, changing a 6 month note that I purchase to a 30 year bond after the fact?
    Question 4. Ye K: Given gold and usd is currently so much stronger than Venezuala, Argentina dollar. Why would investors not take the opportunity to go raid their assets?
    Question 5. Donnie M: Is it likely that high priced beach front property will take biggest hit. While productive farm land will lose less?

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October 18, 2018 Posted by | Economics | , , , , , , , , | Leave a comment

Trump: Biggest Threat is the FedRes, Say Goodbye FedRes

  • X22Report Published on Oct 17, 2018
    Car sales around the world are plunging, especially the European market. Housing permits and starts have declined once again and this follows mortgages imploding on themselves. The debt level is skyrocketing and there is no way to stop it, this is part of the plan to get the central bank system to crash. Trump confirms that the Fed is the biggest threat to the American people.

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

Click on image for article.

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October 18, 2018 Posted by | Economics | , , , , , , , , , , | Leave a comment

Jim Rickards: We Are OVERDUE For A Global Monetary Reset

  • Jim Rickards: We Are OVERDUE For A Global Monetary Reset
    by Jim Rickards interviewed on The Great Reset Opportunity Report, via https://www.silverdoctors.com/
    Jim has spoken with international bankers, and they’re saying the monetary system is too incoherent, and something must be done about it. Here’s more…

    Economist, investment banker, and author James Rickards discusses interest rates, the stock market, the US economy, precious metals, the risk of financial calamity, the future of the Fed and much more.

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

Gerald Celente – Financial Emergency: As Forecast “Economic 9/11?”

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

Global Markets Continue To Fall As Bloomberg Warns “The Next Financial Crisis Is Staring Us In The Face”…

Global economic, financial and currency meltdown approaching!

  • Global Markets Continue To Fall As Bloomberg Warns “The Next Financial Crisis Is Staring Us In The Face”…
    by http://theeconomiccollapseblog.com/
    It looks like it could be another tough week for global financial markets.  As the week began, markets were down all over the world, and relations between the United States and Saudi Arabia have taken a sudden turn for the worse.  That could potentially mean much, much higher oil prices, and needless to say that would be a very bad thing for the U.S. economy.  It has really surprised many of us how dramatically events have begun to accelerate here in the month of October, and the mood on Wall Street has taken a decidedly negative turn.  Yes, U.S. stocks did bounce back a bit on Friday (as I correctly anticipated), but it was much less of a bounce than many investors were hoping for.  And this week got off to a rough start with all of the major markets in Asia down significantly…:

    In the Greater China region, the Hang Seng index in Hong Kong fell by around 0.9 percent in early trade. The Shanghai composite also slipped by 0.33 percent while the Shenzhen composite bucked the overall trend to edge up by 0.4 percent.

    In Japan, the Nikkei 225 fell by 1.48 percent in morning trade, while the Topix index slipped by 1.17 percent, with most sectors trending lower.

    But what happened in Asia was nothing compared to what we witnessed in Saudi Arabia. At one point the stock market in Saudi Arabia had plummeted 7 percent after news broke that President Trump warned that the Saudis could face “severe punishment” for the disappearance of journalist Jamal Khashoggi.

    The Saudis are denying doing anything wrong, but everyone agrees that he is missing, and everyone agrees that he was last spotted entering the Saudi Consulate in Istanbul on October 2nd.

    read more.

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October 16, 2018 Posted by | Economics | , , , , | Leave a comment

Dr. Mark Skidmore: $21 Trillion “Missing” Money Huge Implications for Dollar. Entire Federal Budget Now National Security Secret

  • Dr. Mark Skidmore: $21 Trillion “Missing” Money Huge Implications for Dollar. Entire Federal Budget Now National Security Secret
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Michigan State Economics Professor Mark Skidmore made a stunning discovery late last year. Using publicly available government accounting reports, he revealed there was $21 trillion in what he calls “missing money” from the Department of Defense (DOD) and Housing and Urban Development (HUD). The data he used has been scrubbed, all accounting records are heavily redacted and now the federal government has declared its accounting falls under “national security.” Dr. Skidmore can no longer get the government to respond. Dr. Skidmore explains, “At this point, they are no longer responding to any of my inquiries. They are just not answering, and that is very astounding . . . and you can go on and look at the report yourself and see all of it blacked out. I actually lost sleep over that. That really bothered me. . . . Now, they are not even using standard accounting financial reporting rules. They are just moving things around and not telling anybody. So, first, all of this stuff is hidden because it is a national security issue, and now they are just changing the accounting standards. I would ask is that constitutional? I don’t think so. Does it match any of our financial reporting laws? I don’t think so. I am not sure what gives the government the authority to make that decision, and, yet, it’s happening.”

    The revelation that there is an additional $21 trillion dollars that cannot be accounted for on top of the more than $21 trillion officially in federal debt is an astounding number. It is probably the most important data point since the Federal Reserve was founded in 1913. Dr. Skidmore says, “It’s a huge amount of money to not be able to explain, and they are not explaining it.”

    Dr. Skidmore says there is a limit to money printing even when all the global central banks are doing it. Skidmore says, “What does it mean when a central bank is buying equities, or buying debt with printed money in order to suppress interest rates and keep this game going? I think, overall, the whole world is awash in debt, and it’s expanding at a rate that is unsustainable. The only way it has been sustained is that interest rates have been falling for 30 years. Now, interest rates are no longer falling, and we are running up against a constraint. Now, if this $21 trillion in ‘missing’ federal money really represents spending above and beyond what the official records indicate, then that has huge financial implications and huge implications for confidence in the dollar as the reserve currency. This is an enormous priority to address and not just cover up and say we are all good.”

    In closing, Dr. Skidmore says, “How can you have a democracy if you don’t have any transparency whatsoever? Having integrity and confidence is so essential to the whole system, and this just puts everything in question. . . . We should clean this up and show we are legitimate. If we don’t, we are just shooting ourselves in the foot.”

http://www.wnd.com/2016/08/6-5-trillion-missing-from-defense-department/

Click on image for article.

http://crooksandliars.com/2015/06/report-reveals-85-trillion-missing

Click on image for article.

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October 16, 2018 Posted by | Economics | , , , , , , , , , , , | Leave a comment

Jamie Dimon Warns of Impending Global Event?

  • JAMIE DIMON SOUNDS WARNING ABOUT ‘GEOPOLITICAL ISSUES BURSTING ALL OVER THE PLACE’
    by https://stockboardasset.com/
    * J.P. Morgan Chase CEO Jamie Dimon raises concerns that rising interest rates and geopolitical flareups could derail U.S. economic growth.
    * While rising rates amid a strong economy are good during periods of inflation, they could eventually put a halt to the nearly decade-long economic growth cycle, he says.

    via @hugh_son 
    J.P. Morgan Chase CEO Jamie Dimon raised concerns Friday that rising interest rates and geopolitical flareups could derail U.S. economic growth. “The economy is still very strong, and that’s across wages, job creation, capital expenditure, consumer credit; it’s pretty broad-based and it’s not going to be diminished immediately,” Dimon said in a media conference call following his bank’s earnings report. “I was pointing out the probabilities that I thought were higher that rates would go up. I still believe that. I do think you’re going to see higher rates.”

    While rising rates amid a strong economy are good, they could eventually put a halt to the nearly decade-long economic growth cycle, he said. Dimon said later in a conference call with analysts that benchmark rates could reach 4 percent. The 10-year Treasury yield was last at 3.16 percent, up significantly in the last month, a move that sparked the longest decline in the S&P 500 in almost two years.

    read more.

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

Italy Declares War on Merkel and the EU

  • Italy Declares War on Merkel and the EU
    by TOM LUONGO, https://www.strategic-culture.org/
    If there were ever any doubts that the leaders of the Euroskeptic coalition that now runs Italy has a plan to defy the European Union its proposed budget should quell them. Both Deputy Prime Ministers, Luigi Di Maio of Five Star Movement and Matteo Salvini of The League, were adamant about locking horns with European Union leadership over all issues of sovereignty between now and May’s European Parliamentary elections.

    Their budget proposal which included both tax cuts and universal income blew past the EU budget limit of 2.0% of GDP, coming in at 2.4%. It has put their Finance Minister, Giovanni Tria, in a difficult position because Tria doesn’t want to negotiate this budget with Brussels, preferring a less confrontational, read more pro-EU, approach.

    Salvini and Di Maio, however, have other plans. And since I began covering this story last year on my blog, I’ve said that it was imperative that Salvini force the issue of the Troika’s demands – the EU, European Central Bank and the International Monetary Fund – back down their throats on debt restructuring/forgiveness.

    What I meant then, and I was focused on Salvini’s emergence as the leader of this fight, was that Salvini and Italy, because they are more than technically insolvent, have all the leverage in the negotiations. The size of their outstanding debt and the liabilities existent on the balance sheets of banks across Europe, most notably the nearly $1 trillion in TARGET 2 liabilities, are something Juncker, Draghi, Merkel and Christine LaGarde at the IMF simply cannot ignore.

    But, to do this Salvini and now Di Maio have to make a good faith effort to negotiate a good deal for Italy with Brussels, Berlin and the IMF. This is why the budget squeaked past the 2.0% limit and then they walked it back to 2.0% but with provisions they knew would anger the EU finance ministers.

    The point of this is to push Brussels and paint them as the bad guys to shift public sentiment back towards an Italeave position. Italy’s problems are not solvable with Germany holding the purse strings for all the EU countries.

    So, the first prong of their assault on the power structure of the EU is this, challenge them on their budget while making strong statements to the rest of Europe that they are not looking to exit the euro. If they do, it will be Germany forcing that situation.

    read more.

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

Stock Bubble Bigger Than 2008 & Coming Crash Far Larger, Warns Peter Schiff

Global economic, financial and currency collapse fast approaching!

  • Stock Bubble Bigger Than 2008 & Coming Crash Far Larger, Warns Peter Schiff
    by https://www.rt.com/
    Wall Street and the US economy are on the verge of recession, according to the CEO of Euro Pacific Capital, Peter Schiff, who has raised alarms after this week’s market selloff.

    “This is a bubble not just in the stock market, but the entire economy,”
     he told Fox News. Schiff predicts a recession, accompanied by rising consumer prices, that will be “far more painful” than the 2007-2009 Great Recession.


    “I think as Americans lose their jobs, they are going to see the cost of living going up rather dramatically, and so this is going to make it particularly painful,” he said.

    Stock markets sank on Wednesday and Thursday, led by a steep decline in tech shares and worries of rapidly rising rates which made investors flee the risky stocks.

    Both the Dow Jones Industrial Average and S&P 500 posted their biggest one-day drops since February. The Nasdaq notched its largest single day sell-off since June 2016. US President Donald Trump has blamed the central bank for the selloff, saying the Federal Reserve “has gone crazy.”

    According to Schiff, the Fed has been acting irrationally for a long time: “What is crazy is for the Fed to believe that they can raise interest rates without pricking their own bubble.”

    read more.

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October 15, 2018 Posted by | Economics | , , , , , , , , , , , | Leave a comment

Over 50% Stock Crash Coming | Michael Pento

  • SilverDoctors Published on Oct 11, 2018
    Michael Pento tells us beginning now and going into 2019, the stock market will be moving quite differently then the last couple years. The U.S. stock market is 140% the size of the economy. Normally, it should be 60%. Pento tells us a revaluation is coming: a 50% decline in the stock market. This is healthy for the stock market’s long term viability, he says. We are starting to see a sell-off right now. The Dow is at a level we haven’t seen since August. And the sell-off is world-wide. The global index FTSE recently dropped to it’s lowest point since April.  The nucleus of the bubble though is in the corporate bond market, Pento says.

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October 15, 2018 Posted by | Economics | , , , , , , , , , | Leave a comment

The Political Atmosphere Has Changed, Banks Will Distance Themselves From The FedRes: Lior Gantz

October 15, 2018 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Fascism Perfect Antidote — The Gold Standard

Remember the Golden Rule: “He who has the gold Rules!”

  • Fascism Perfect Antidote: The Gold Standard
    by Jim Willie, GoldenJackass.com, via http://www.goldseek.com/
    Gold is the perfect antidote for the fascist state and its pervasive penetrating corruption laced with bellicose global actions. Gold eliminates (or rather vastly reduces) the potential for pilferage and theft in the financial management offices. Gold eliminates the potential (or vastly reduces) the potential for endless war with the vast slush funds for the military industrial complex. Gold eliminates (or vastly reduces) the corruption like a grand parasite with extensive tentacles across the several critical business sectors. The fascist state is not a well-known concept to the Western observers, even though they endured World War II. Most people have a poor comprehension of the fascist state by its basic nature, and prefer to hold onto examples of its form, its many manifestations. The majority refuse to observe and to identify the fascist state within their midst, before their eyes, in their home countries.

    The fascist state is defined as a tight collusion between the government and several key business sectors, within a self-designed and evolved crime syndicate of vast proportions, which has arranged privilege for profiteering like a parasite, and in almost all cases engages in hostile actions militarily against enemy and allied nations alike.

    The resulting effect of their destructive policy (not just bad policy), has been the organization of the community of nations, a coalescing of their policy movements, toward establishment of the Gold Standard, with the final retirement of the USDollar as global currency reserve, given an exclamation point by colossal international USTreasury Bond dumping. 

    TPX TRIUMVIRATE
    In the last few months, a phenomenon has become vividly apparent in a cooperative effort toward the implementation of the Gold Standard. The initiative has for its requirement numerous critically important preparatory events, toward facilitating the implementation of gold in trade payments as well as banking reserves, but also toward reducing sharply the risk of global war. In fact, it can be easily stated that global war is the stock & trade of the globalist fascists. They use war to gain power, to steal gold reserves, to force debt upon nations, to reduce the population, and to enjoy the fires like the devoted Satanists that they are.


    The phenomenon is that US President Trump, Chinese President Xi, and Russian President Putin are working together in a grand humanitarian project. Their endeavor is to install the Gold Standard, to ensure global economic transition, and to avoid global war. It is called the Global Financial RESET. It was all set back in January 2014 with over one hundred nations as signatories, but the globalist fascist banker thugs decided to launch a war in Ukraine instead. Their trump eliminated the RESET, but in reality only delayed it. The globalist banker cabal had more money to steal, more arms deals to complete, more QE monetay expansion to exploit, more nations to wage predatory war upon (see Syria & Yemen). The TPX trio has conducted meetings in secrecy. They form the allies of sound money and fair trade, as hard as that is to accept and to swallow. Follow their deeds, and not their words. The US-China trade war might seem violent in the commercial sense, but it has reduced the bilateral trade deficit and has created an environment for encouraging new US businesses with a profit potential.

    read more.

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