Socio-Economics History Blog

Socio-Economics & History Commentary

This Is All A Game,It’s Meant To Divide Us,We Need To Come Together Before It’s To Late: G. Mannarino

December 8, 2018 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , | Leave a comment

ALERT: Yield Curve Inverted. Crisis Highly Likely | David Morgan

  • SilverDoctors Published on Dec 5, 2018
    The yield curve has inverted. The U.S. stock market was down 3% Tuesday. We’re headed for another crisis, says top silver expert David Morgan. There’s a shift out of stocks, he says. And as for precious metals, they are likely to go higher in the long term.


December 6, 2018 Posted by | Economics | , , , , , , , , | Leave a comment

Cracks Appearing…Next Crisis Will Be Worse | Chris Martenson

  • SilverDoctors Published on Dec 4, 2018
    Bubbles burst from the “outside in,” Chris Martenson says. And that’s what we’re seeing right now. Cracks are appearing on the outside. Many junk rated debt and periphery country’s stock markets are in bear markets. Watch out for the crisis to seek into the bigger sectors. The economy cannot grow exponentially in a finite world. An infinite model cannot run on a finite sphere. By 2020 – 2022, a major energy crisis will hit in oil, Martenson says. How can we move out of the current infinite growth financial paradigm? Stay tuned to find out!


December 6, 2018 Posted by | Economics | , , , , , , , , , , , | Leave a comment

RECESSION to RESET: What Happens Next? Q&A with Lynette Zang and Eric Griffin

  • ITM Trading Streamed live 5 hours ago
    Question 1. Richard M: In terms of inflation, what are the positive differences if only one currency existed instead of all?
    Question 2. Stephanos R: All I hear and about is that the bond yield will invert and when it does a recession is looming. Can this be manipulated and how?
    Question 3. Bobby B: In your opinion, in a monetary reset situation, what will happen to the credit as we know it today. Will all credit die? Even those with excellent credit?
    Question 4. Vince P: If the SDR is adopted, will America lose all control over its USD exchange rate? If so, that total control is exactly what the international banksters seek?
    Question 5. JR Ewing: What is understood by a collectible coin? Is for example a 1000 limited strike proof coin considered a collectible?


November 28, 2018 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Dave Janda: President Trump to Oversee US Bankruptcy

  • Silver Bullion Published on Nov 25, 2018
    SBTV spoke with Dr Dave Janda, host of the Operation Freedom radio show, about how freedom in the United States has changed over the years and why he believes President Trump is here to oversee the bankruptcy of the country. Discussed in this interview:

    04:08 Relationship between Big Government & Big Business.
    09:40 Doctors are burning out at record numbers.
    13:25 The US is becoming more fascist?
    14:21 Socialist when government gets involved in healthcare?
    15:01 US debt is unsolvable.
    19:53 Trump to oversee bankruptcy of the US
    23:25 Is the next market crash imminent?
    28:28 Government to confiscate IRAs & 401k?


November 28, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Leave a comment

Catherine Austin Fitts: Government Taking Massive Amounts of Money Dark

  • Catherine Austin Fitts: Government Taking Massive Amounts of Money Dark
    by Greg Hunter’s (Early Sunday Release)
    Financial expert Catherine Austin Fitts has said for years that the economy was not going to crash, but be on a “slow burn.” How long can they make this heavily indebted game last? Fitts says, “Our problem as investors is we don’t know. If you look at all the information we need to make an intelligent assessment, we don’t have access to that information. I have said many times this is a military question. Who has the biggest weapons and who has the ability to deliver force and control? So, we are living with maximum uncertainty. . . . Clearly, we are headed into a new currency world that’s part of a new control system, but the answer is we don’t know when. My fear with many, many commentators is they are underestimating the power and endurance of the system. I am always getting yelled at because people think I am pro-empire. I am not saying I am pro-empire or I am for the things they are doing to keep it going.”

    Fits adds that things are so uncertain that “the old system could go five years or five months.”

    On introducing a new dollar, Fitts says, “Even if they do introduce a dollar backed by gold, it’s going to start off with a small market share. They are very unlikely to do a big bang thing. These guys are prototypers.”

    There is no doubt wealthy people around the world are buying gold. Why? Fitts says, “The reality is . . . in the worst case scenario, gold is a store of value because it is respected globally as a currency or money without the backing of a sovereign government. What is the global currency that has backing without a sovereign government, and gold and silver are one of the few. I think it is one of the reasons I think wealthy people need to have a store of value for the worst case. It is central bank insurance. A core position in gold is not an investment, it is central bank insurance. . . . We continue to see people have a core position in precious metals for the worst case.”

    What is the worst case scenario? Fitts says, “The worst case scenario is we are dealing with very serious geophysical risk. Throughout history, we have had things like Noah and the flood where civilization has almost gotten wiped out. . . . There have been radical changes in policy to coalesce huge amounts of money under central control and do secret projects. Why? What is that about? . . . . I don’t know how the governance system on planet earth works. I don’t know why the government is shifting massive amounts of money out of the U.S. government and out of the U.S. economy and taking it dark.”

    read more.


November 26, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Leave a comment

Jim Willie Thanks-Giving Broadcast TFMetals Report

Click on image to play the MP3 interview.


    November 22nd:  topics covered include the breakdown of Deutsche Bank with all the horrific fallout which could serve as the lit fuse for the next Global Financial Crisis, the USGovt deficit enormous problem characterized by current borrowing costs exceeding all tax revenue income that indicates Third World status, the high risk to Wall Street banks from the declining crude oil price whereby the big banks have credit exposure to the suicidal shale sector, the theft of $3 trillion in USTreasury Bonds owned by the Saudis as part of the Petro-Dollar Recycling practice whose assets are locked in the Exchange Stabilization Fund, the rising threat of both a US stock and US bond market severe decline triggered by rising interest rates, and the landmark precedent setting court cases like Monsanto loss (glyphosate & cancer) and like RFKennedy Jr victory against Vaccines (no USGovt efficacy) and like 5G tower victory case in London (installers & radiation), all of which provided open doors for class action lawsuits in the multiple $billions immediately.


November 23, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , | Leave a comment

Former CIA Officer: Trump Has Successfully Defeated The Deep State…Currency Reset & Gold-Backed Dollar To Follow?


November 22, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , | 2 Comments

This Crisis Will End Worse Than it Began. The Confidence Bubble Has Popped

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

Gerald Celente: Systems & Societal Breakdown on Every Level. Great Reset Opportunity Report

  • Neptune Global Published on Nov 20, 2018
    Trends forecaster Gerald Celente shares his observations and insight regarding the Great Reset taking place at every level and across the globe.


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

Rob Kirby: Massive Amounts of Dollars Must Be Fed into System or It Blows Up

  • Rob Kirby: Massive Amounts of Dollars Must Be Fed into System or It Blows Up
    by Greg Hunter’s (Early Sunday Release)
    Macroeconomic analyst Rob Kirby has one burning question for the U.S. Treasury selling record amounts of debt to finance the federal government. Kirby asks, “The question is . . . and more and more people are asking, with the traditional financiers absent from the game, so they are not buying the new debt . . . The question is who is buying it? The only credible answer is the debt is being monetized. This $21 trillion . . . in “missing money” . . . is being mobilized to monetize the debt. It’s memory holed, but this is not a game that can go on forever. This is not a sustainable practice.”

    This may be a good reason why the Bank of England is not giving Venezuela’s gold back after it asked for it. It is also holding on tightly to Australia’s gold. Is the Bank of England afraid the global debt balloon is going to pop soon? Kirby contends, “This balloon will pop, and at some point in time, the price of gold is going to go bananas up. This will happen as sure as there will be wild fires again in California.”

    Kirby says as the gold price skyrockets, the buying power of the U.S. dollar will implode. Kirby explains, “The growth rate of the current world reserve currency, the fiat U.S. dollar, is in a phase where its growth is vertical. It must remain vertical, and the minute it stops going vertical, it collapses onto itself, and that likely means a hyperinflation event. It means the currency goes to a zero value. All fiat currencies return to their true intrinsic value, which is zero. Fiat currencies throughout history have all shared that one common trait. They all return to their true intrinsic value, and the U.S dollar will be no different than the hundreds of other fiat currencies before it.”

    Kirby also arranges the purchase of gold by the ton for wealthy clients. What has been happening in his world? Kirby says, “In the last three or four months, I would share with you that the urge for very serious money to get out of fiat and into physical metal has been unprecedented. We are talking many, many, many billions of dollars worth of fiat money looking to get converted into physical metal. The lineup of billions of dollars to get into physical metal is astoundingly large.”

    If you think this all sounds crazy, well it is, and the financial elites know it. Kirby says, “When the financial elites are dealing with hopeless situations, they will make decisions that they know are absolutely foolhardy, have no merit and no prospects for success long term. They will push the mantra that if we can prevent the collapse from happening today and buy another day, or buy another week, or buy another month, then it’s worth doing. They avoid anarchy and basically they avoid meeting their end, and they avoid being hung. What this is really all about is treason has been committed at the very highest levels by financial elites and the people in control of the financial apparatus. In America, the people controlling the financial apparatus are the Deep State, and we know that Trump is anti-Deep State.”

    In closing, Kirby says, “Why has this gone on so long? Most people are dumbfounded it (a crash) did not happen 10 to 15 years ago. The reason it hasn’t happened? . . . . The explanation is these jokers have created so much more money than anyone can wrap their head around. The money was created because we are on the vertical part of the growth curve of the dollar. This money has to be continually fed into the system or the whole thing blows up.”


November 19, 2018 Posted by | Economics | , , , , , , , , , , , , , , , | Leave a comment

Recount Madness, California Fires, Credit Crisis Coming

  • Recount Madness, California Fires, Credit Crisis Coming
    by Greg Hunter’s (WNW 360 11/16/18)
    The Recount has hit a whole new level for the 2018 Midterm elections in voter fraud prone Florida. It looks like Ron DeSantis will be the next governor, but the race between Scott and Nelson is coming down to the wire. Democrats say every vote should be counted, but not when they are illegal aliens and dead people.

    California wildfires are still not under control, but long after they are, the citizens of the Golden State will feel the financial effects. It will cost at least $30 billion and will likely bankrupt the state’s biggest power company. Then there are the mudslides coming in the next rainy season. With vegetation burned to a crisp, what is going to hold the dirt in place? The answer is “not much.”

    In the world of AAA credit, GE used to be the gold standard. Now, GE and the words “junk bonds” are being mentioned in the same sentence. GE is not alone. With the global economy showing clear signs of slowing down, and the Fed clearly raising interest rates, how will bond payments be made in the future? They are not.


November 17, 2018 Posted by | Disaster, Economics, GeoPolitics | , , , , , , , | Leave a comment

Jim Willie: The Global Financial Crisis Enters Its Second Round After Lehman

November 17, 2018 Posted by | Economics, GeoPolitics, Medicine & Health, Social Trends | , , , , , , , , , , , , , , , , | Leave a comment

Italy ‘Will Refuse to Budge One Millimetre’ Over EU’s Demands to Curb Its Big-Spending Budget

  • Italy ‘Will Refuse to Budge One Millimetre’ Over EU’s Demands to Curb Its Big-Spending Budget
    by Italy’s populist government defiantly refused to bow to EU demands to change its big-spending budget for next year, with interior minister Matteo Salvini declaring on Wednesday: “We won’t budge a millimetre.”

    Rome now faces the threat of financial penalties being applied by the European Commission as the stand-off with Brussels intensifies, amid fears that Italy that could spark a eurozone crisis that would dwarf the one that engulfed Greece.

    In a first for the EU, the Commission rejected the budget last month, saying that it represented an “unprecedented deviation” from the bloc’s spending rules. Italy was told to go back to the drawing board and come up with a revised budget, but the text sent to Brussels late on Tuesday was little different from the original.

    The coalition, made up of the anti-establishment Five Star Movement and the populist, nationalist League, is in no mood to compromise and knows that bashing Brussels goes down well with many voters, as European Parliament elections loom in May.

    read more.


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

A Worldwide Debt Default Is A Real Possibility


  • A Worldwide Debt Default Is A Real Possibility
    by John Mauldin,
    Is debt good or bad? The answer is “Yes.”
    Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don’t have cash yet. Whether it’s wise or not depends on what you buy. Debt to educate yourself so you can get a better job may be a good idea. Borrowing money to finance your vacation? Probably not.

    The problem is that many people, businesses, and governments borrow because they can. It’s been possible in the last decade only because central banks made it so cheap. It was rational in that respect. But it is growing less so as the central banks start to tighten.

    Earlier this year, I wrote a series of articles (synopsis and links here) predicting a debt “train wreck” and eventual liquidation. I dubbed it “The Great Reset.” I estimated we have another year or two before the crisis becomes evident. Now I’m having second thoughts. Recent events tell me the reckoning could be closer than I thought just a few months ago.

    Debt Doesn’t Fuel Growth Anymore
    Central banks enable debt because they think it will generate economic growth. Sometimes it does. The problem is they create debt with little regard for how it will be used.

    read more.


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