Socio-Economics History Blog

Socio-Economics & History Commentary

Jim Willie: Saudi, Italy ….. Business as Usual?

Click on image to download MP3 interview.

  • Jim Willie: Saudi, Italy ….. Business as Usual?
    by https://ochelli.com/
    05/19/2017    Friday – Jim Willie from GoldenJackass.com Saudi, Italy, business as Usual? Jim Willie delivers a means to understand everything from arms deals, and Vaccines to Agenda 21 and How gold prices are being controlled. Japan, Israel, The USA, The EU, all the players on the grand chess board of Global Finance are addressed.

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May 22, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Eurozone WILL Shrink and Collapse: Shock Report Reveals What Business Leaders REALLY Think

  • Eurozone WILL Shrink and Collapse: Shock Report Reveals What Business Leaders REALLY Think
    by SIMON OSBORNE, http://www.express.co.uk/
    MORE than half of European business leaders expect the eurozone to shrink or collapse in coming years, according to a new report.

    Most companies want “more of Europe” but “are still doubting, even fearing, the eurozone’s durability in its current form”, analysts at the McKinsey Global Institute said. And this may limit economic recovery through the region, they said. Researchers questioned 2,000 executives across Britain, France, Germany, Italy, Poland and Spain, finding leaders reported a wide range of risks and uncertainties.

    Concerns around the future European Union crises, nervousness about rising populism and anti-globalisation sentiment and lingering fears about the future shape and direction of the EU itself, were widely reported, according to Lead author Jacques Bughin. He said: “We delved more deeply into attitudes toward the EU, asking about the benefits companies had experienced in the past, as well as their hopes and expectations for Europe in the future.

    “These are complicated times for the EU, which has had to contend with growing political and economic divergence, including the decision by the United Kingdom to withdraw altogether. “Overall, the response to our questions on the EU was positive. Just over half the companies surveyed think the EU has had a beneficial effect on their business, and the most successful companies are the most positive.

    read more.

Daniel 7:7 – ” … behold, a fourth beast, dreadful and terrible, exceedingly strong. It had huge iron teeth; it was devouring, breaking in pieces, and trampling the residue with its feet. It was different from all the beasts that were before it, and it had ten horns.”

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May 22, 2017 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , | Leave a comment

The Bubbles And Illusions Are About To Be Popped

  • Published on May 21, 2017
    Trump is traveling now and he is spreading the word that the wars, terrorism is about to end. He is working with many countries to do this. North Korea fired another missile because they are nervous and afraid of the deep state invading. The coalition forces backed by the deep state are now trying to push into Syria. Trump is now working with Russia to eliminate the paid mercenaries in all of these countries. By allowing the Generals that are working with him to be autonomous they will be able to make decisions to remove the the terrorist groups outside of the deep state command.

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May 22, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Leave a comment

Globalist Push To Crash Stock Market To Kill Nationalism/Trump?

May 22, 2017 Posted by | Economics, GeoPolitics | , , , , , , , | Leave a comment

Billions Are Shorting The Market In Preparation For The Financial Apocalypse

  • Published on May 19, 2017
    IMF & Eurozone are threatening to walk away from Greece because they want Greece to implement more austerity. UBS hints of massive auto lending fraud, which mimics the housing market fraud back in 2008. Fed’s Bullard says they just triggered the collapse of the economy and now they might lower rates. George Soros is shorting the market and is hoping to use a financial apocalypse to bring down Trump. What this says is that he already knows the market is coming down and the central bankers are crashing the system.

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May 21, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , | Leave a comment

Gold $10,000: The Full Report – Gary Christensen

May 21, 2017 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

Trump’s Secret Plan For America & Why The Deep State Is Trying To Stop It: Harley Schlanger

May 20, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Death of the Dollar Part 1: Winter Is Here

May 20, 2017 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

Brazilian Bloodbath: Currency Halted, Futures Crash, Bonds Tumble Most On Record

  • Brazilian Bloodbath: Currency Halted, Futures Crash, Bonds Tumble Most On Record
    by Tyler Durden, http://www.zerohedge.com
    As first reported last night, Brazil has plunged back into yet another political crisis less than a year after the impeachment of Dilma Rouseff, when a report in Brazil’s O Globo newspaper revealed that President Michel Temer was involved in an “hush money” cover-up scheme involving the jailed former speaker of the lower house of Congress, Eduardo Cunha, who was the mastermind behind the impeachment of Rouseff.

    Already an impeachment request against Temer has been filed by the opposition, although it was unclear who would replace him or what the process would look like. If Temer resigns or is impeached, Congress would elect an interim president until the next scheduled vote in October of 2018. An early election could only be held with a constitutional amendment approved by lawmakers.

    read more.

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

Gregory Mannarino: They Want to Destroy Trump & America

  • Gregory Mannarino: They Want to Destroy Trump & America
    by Greg Hunter’s USAWatchdog.com
    Analyst/trader Gregory Mannarino says America is in conflict with itself. Mannarino explains, “We have a President who gets it. He’s obviously not a socialist, and there is no doubt this man has the back of America. . . . There is a literal war going on right now between political parties here. This is a deliberate effort by some to destabilize our country, to bring America to its knees from the inside. They want to basically throw this country into some kind of third world situation, and I don’t think it’s going to happen. I think there are too many people on the opposite side of this trade that want to see America succeed.”


    Mannarino says that what is being done to Trump is really just the tip of the iceberg. Mannarino contends, “It’s much bigger than Trump. These people don’t just want to destroy this President, they want to subvert and destroy this country, our belief system and our values. This is what they want to do. The question is are we going to allow these people to succeed? That’s really the issue, and I don’t think so. I think there are enough people here, and I think it is most of your audience who understands what’s going on. This is not a battle against the President. This is a battle against our country and our citizens. This is much bigger than an attack on the President.”

    read more.

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

Financial Weapons Of Mass Destruction: The Top 25 U.S. Banks Have 222 Trillion Dollars Of Exposure To Derivatives

  • Financial Weapons Of Mass Destruction: The Top 25 U.S. Banks Have 222 Trillion Dollars Of Exposure To Derivatives
    by Michael Snyder, http://theeconomiccollapseblog.com/
    The recklessness of the “too big to fail” banks almost doomed them the last time around, but apparently they still haven’t learned from their past mistakes.  Today, the top 25 U.S. banks have 222 trillion dollars of exposure to derivatives.  In other words, the exposure that these banks have to derivatives contracts is approximately equivalent to the gross domestic product of the United States times twelve.  As long as stock prices continue to rise and the U.S. economy stays fairly stable, these extremely risky financial weapons of mass destruction will probably not take down our entire financial system.  But someday another major crisis will inevitably happen, and when that day arrives the devastation that these financial instruments will cause will be absolutely unprecedented.

    During the great financial crisis of 2008, derivatives played a starring role, and U.S. taxpayers were forced to step in and bail out companies such as AIG that were on the verge of collapse because the risks that they took were just too great.

    But now it is happening again, and nobody is really talking very much about it.  In a desperate search for higher profits, all of the “too big to fail” banks are gambling like crazy, and at some point a lot of these bets are going to go really bad.  The following numbers regarding exposure to derivatives contracts come directly from the OCC’s most recent quarterly report (see Table 2), and as you can see the level of recklessness that we are currently witnessing is more than just a little bit alarming…

    read more.

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May 18, 2017 Posted by | Economics | , , , , , , , | Leave a comment

Update on BREXIT: EU Politicians Are In Panic Mode

  • Update on BREXIT: EU Politicians Are In Panic Mode
    by ALASDAIR MACLEOD MAY 11, 2017, https://wealth.goldmoney.com/
    This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced to scale back its spending and redistribution of resources, but the euro project is threatened by capital flight between member states, despite the early signs of economic recovery which should be restoring market confidence. Politicking aside, pressure is mounting on the EU to defuse the disruption of Brexit by agreeing to a mutually beneficial deal as soon as possible.


    EU finances are getting desperate
    The EU cannot afford to prevaricate over Brexit because a bad Brexit risks causing it immeasurable harm. Not only does big business in Europe want a Britain with which it can freely trade, but confidence in the European Project is rapidly diminishing. The EU is a mega-state that is fading, and no one knows how to ensure its survival. Inevitably, the failings of the EU are catching up with it, and Britain’s leaving exposes the financial consequences of decades of bad management, capital destruction through wasteful redistribution and the lack of any contingency planning.


    Britain’s €8bn annual contribution to the EU budget is almost the same as the cost of administering the whole Brussels establishment, so Brexit will create a budget shortfall that is almost total, which Brussels will have to make up from the remaining members. Inevitably, some of the redistribution to Brussel’s pet projects will end up being cut as well. It is for this reason that the Brussels politicians hope for a capital payment from Britain.

    The Commission also has a commitment to redistribute member funds estimated at €238bn. It must have assumed prior to last year’s referendum that Britain would vote to remain and pay its share. Instead, it voted for Brexit, and the Commission will have to find the money from a capital contribution either from Britain, somewhere else, or cancel some of the projects. With these problems, the Commission is in a difficult position, wrong-footed by Brexit. And when Theresa May says no deal is better than a bad deal and means it, it really could mean an end to Brussels as we know it.

    read more.

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May 17, 2017 Posted by | Economics, GeoPolitics | , , , , , , | Leave a comment

China’s Belt & Road Will Push The Petrodollar To It’s Doom

  • Published on May 15, 2017
    Empire fed plunges into contraction and as the economy declines. Business investment continues to decline. Trump’s trade rep get sworn in which will allow the NAFTA negotiations to begin. Citis surprise index has plummeted and Morgan Stanley’s indicators are imploded signalling a major problem headed our way. Paul Krugman warns that Trump will collapse the economy. Russia, China and other nations join to discuss the belt and road initiative. The trade system will be free trade it will destroy the petrodollar.

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

End of The Empire — Bill Holter

  • Published on May 14, 2017
    Bill Holter from JS Mineset returns to SGT Report to discuss the current state of the failing US empire. And Bill warns that despite popular opinion that the DOW, S&P and Nasdaq can only go up, the END could come in a flash, and when that happens, many people who went to be rich on a Friday could wake up broke by Monday. You have been warned.

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

Is JPMorgan Preparing to REVALUE SILVER? | Jim Willie

  • Published on May 14, 2017
    Jim Willie says the petrodollar is history…
    In this interview, Jim Willie answers the following viewers’ questions about the COMEX, JPMorgan, Puerto Rico’s bankruptcy, and the petrodollar!

    – psionin, “Jim Willie mentioned a few times that buying a large amount of gold necessitates the paying of high premiums over spot price, with the final price being over 2K USD per ounce. What prevents one in such a position from placing the order on the COMEX or LBMA and taking delivery?”

    – larryik1211, “When Major banks start to Default do you see JP MORGAN push to re-value Silver upwards to use their SILVER stockpile as leverage to buy up and consolidate all the other bankrupt entities?”

    – Mikey Riley, “In regard to COMEX activities, why would the ‘small specs’ continue to be washed and rinsed by the large commercials? Don’t they ever learn? How do those hedge funds stay in business? I thought the COMEX would be deemed irrelevant by now due to the obvious rigging.”

    – Cole Wheeler, “What does the bankruptcy of Puerto Rico mean for the rest of USA inc.?”

    – Craig Butterfield, “Will the collapse of the petrodollar, abolish the federal reserve and their suppression of metal prices?”

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