Socio-Economics History Blog

Socio-Economics & History Commentary

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

It’s Going To Be The Collapse Of All Collapses, A Reset To Fair Market Value: Greg Mannarino

May 15, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | 1 Comment

Jim Willie: Will Gold Save The Day?

  • Published on May 11, 2017
    Will gold save the day and prevent growing geopolitical tensions from spinning out of control?


    Also, what’s the future of the European Union? Centrist Emmanuel Macron won the French presidential election, defeating far-right anti-EU candidate Marine Le Pen. Some were saying if Le Pen would have won, that could spell the end of the EU. Jim Willie says now that Macron has won, the EU may be safe…for a few months. In addition, Jim Willie answers the following viewers’ questions

    – 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 petro dollar, abolish the federal reserve and their suppression of metal prices?”

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May 12, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Dr. Ron Paul: New Global Financial System Is Inevitable

  • Published on May 10, 2017
    Jason Burack of Wall St for Main St interviewed first time guest, the former Presidential Candidate in 2008 and 2012, author, long time US Congressman and the face of the liberty movement in the US, Dr. Ron Paul. Dr. Paul is a living legend, he’s authored more than 10 books including: End the Fed, Liberty Defined and The School Revolution. Ron’s books are available here: https://www.amazon.com/Ron-Paul/e/B00… 


    Full Wikipedia Bio here: https://en.wikipedia.org/wiki/Ron_Paul 

    Dr. Paul’s, Ron Paul Liberty Report YouTube channel http://www.ronpaullibertyreport.com/ has greatly grown in size thanks to daily videos Monday through Friday. Ron also founded the Ron Paul Institute for Peace & Prosperity http://ronpaulinstitute.org/ 

    During this 20 minute interview Jason starts off by asking Dr. Paul if President Donald Trump has done anything Dr. Paul likes so far? Jason also asks Dr. Paul if he thinks Rand Paul and Rep. Thomas Massie will be able to get an “Audit the Fed” bill through both houses of Congress and if President Trump will sign the bill? Next, Jason asks Dr. Paul if 100 years of Keynesian Economics is the reason why the US economy hasn’t really had a recovery? Jason then asks Dr. Paul why he likes Austrian School Economics.

    Also, Jason asks Dr. Paul about the one time partial audit of the Federal Reserve he got while still in Congress after the 2008 financial crisis revealing over $16 trillion in near interest free bailout money to foreign governments, foreign central banks and foreign corporations https://www.forbes.com/forbes/welcome… and whether the Federal Reserve and other central banks are still putting trillions more in easy money and credit into the global financial system to delay the next financial crisis?

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May 12, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , | Leave a comment

The Plan Has Been Revealed And Everyone Needs To Brace For The Impact

  • Published on May 10, 2017
    Trump fires Comey and the deep state is now in panic. After the firing of Comey Trump met with Lavrov and soon after Kissinger. Schumer is flip flopping all over the place because they are starting to realize they are in trouble. Trump has just warned McCasters not to cross him again. Duterte met with China to talk about joining the one belt, one road initiative. As the deep state is pushing for war, Trump was planning something else with China and North Korea. The world is about to get more chaotic than ever before, the collapse is headed our way, Trump signaled with the firing of Comey that he will not sit by anymore and the old way of doing business is over.

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May 11, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | 1 Comment