Socio-Economics History Blog

Socio-Economics & History Commentary

WARNING: This Global Collapse Will Be Unlike Anything In Recorded History! Expect Even Greater Fireworks In September And October


  • WARNING: This Global Collapse Will Be Unlike Anything In Recorded History
    Today a legend in the business cautioned King World News that people should expect even greater chaos and fireworks in world markets in September and October.  This piece also warns that this global collapse will be unlike anything in recorded history.

    August 30 (King World News) – John Ing:  “I am focused on the ramifications of the Chinese devaluation.  There is a lot of misinformation about this move but the reality and the point of the exercise is a product of the ongoing race to the bottom as far as currencies.  All of this is a result of unprecedented worldwide quantitative easing and liquidity….  

    Expect Even Greater Fireworks In September And October 

    read more.
Global financial tsunami coming soon??!

Global financial tsunami coming soon??!


August 31, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Alex Jones Full Show: War on Freedoms Through Cashless Society – 08/28/2015

  • Published on Aug 28, 2015
    On the Friday, August 28 edition of the Alex Jones Show, we analyze the waves of illegal immigrants flooding Europe, as the continent struggles to take on thousands fleeing their own countries. We also look at the Financial Times’ anonymous call to abolish cash, and the global move to usher in a cashless society. On today’s show, we also look at new undercover films exposing McDonald’s and Tyson Food’s factory animal cruelty. Financial analyst Peter Schiff joins today’s show to discuss the European migrant crisis, China’s roller coaster stock market rebound, and other financial news.


August 31, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Peter Schiff: U.S. Dollar Crisis Is Underway

August 31, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , | Leave a comment

Charles Hugh Smith: Central Banks Have Manipulated The Markets Which Will Ultimately Crash

August 31, 2015 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

Citigroup Chief Economist Thinks Only “Helicopter Money” Can Save The World Now

Yellen: "I need bigger and more helicopters!"

Yellen: “I need bigger and more helicopters!”


Baby Janet Yellen training for QE.

Baby Janet Yellen training for QE.

Janet Yellen: You ain't seen nothing yet!

Janet Yellen: You ain’t seen nothing yet!



August 31, 2015 Posted by | Economics | , , , , , , , , , | Leave a comment

Jim Willie Alert: The Global Financial War Is Now Full-Blown HOT!

  • Published on Aug 28, 2015
    Jim Willie Is Pete’s special guest tonight and says any Nation that has a devaluation in the future can look forward to a military attack … The type of attack may surprise you.

    About Jim Willie: The man behind the name Jim Willie has experience in three important fields of statistical practice in the 23 years following completion of a PhD in Statistics at Carnegie Mellon University. The thesis topic was in the field of stochastic processes. He spent time since 2001 in a private consulting firm in Pittsburgh, PA. The work included pharmaceutical and medical claim estimation, stratified sampling for consumer packaged goods market share, training seminars in advanced regression models, and consulting toward various other projects within the firm. In August of 2003, he became a low-cost solution at his firm, the job as vanished, which opened a great door. At that time, he launched the Hat Trick Letter and the rest is history.

    Since 2004, Jim has worked full-time on the newsletter. The work is focused exclusively on the US and world economies, financial markets, currencies, and the commodity fields. Gold and energy, along with central bank monetary policy have been a prime focus in the Hat Trick Letter, which has reached a 10-year anniversary in May of 2014. The list of correct mega-forecasts is long, the focus sharp, the scope global, the sources deep, the colleagues adept, and the work tireless. Not having a professional training in Economics has enabled a much clearer analytic style, free from delusion and defense of the system. While the profession boasts a correct forecast rate of about 30%, the Jackass carries a near 90% correct forecast rate, since criminal activity and market interference are well integrated in the work, and propaganda from Wall Street, the Federal Reserve, and the USGovt are routinely doubted and dismissed. The economics professor has turned into a disgraceful field of big bank marketing agencies and investment steering committees. As he prefers to say, “My work is unencumbered by the limitations of economics credentials. My loyalty is to the subscribers and loyal following.”


August 31, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Alasdair Macleod: Run on Silver Developing As Demand EXPLODES! A Banking Crisis Will Spread to a CURRENCY CRISIS in a Month?

  • Alasdair Macleod: Run on Silver Developing As Demand EXPLODES! A Banking Crisis Will Spread to a CURRENCY CRISIS in a Month?
    In the Wake of “Black Monday” and the Past Week’s Crash of Historic Proportions, Alasdair Macleod Joins the Show to Break Down All the Market Action and What’s Coming This Fall, Discussing: 

    * After a Brief Rally, Bear Market Likely to Resume With a Vengeance-the END GAME IS APPROACHING!
    * Run On Silver Developing As Physical Demand Goes THROUGH THE ROOF
    * Is the Bond Market About to Find Religion? 

    * Alasdair Explains Why the Next Crisis (Which He Believes is Likely to Begin in About a Month) Will Spread From A Banking Crisis to a CURRENCY CRISIS 

    * In the Words of Eric Dubin: Its Going to Get REALLY UGLY


August 29, 2015 Posted by | Economics | , , , , , , , , , , , , | 1 Comment

Jim Willie: Coming Oil Bust Bigger Than Sub Prime Collapse

  • Published on Aug 28, 2015
    Jason Burack of Wall St for Main St had on returning guest, editor of the Hat Trick Letter, Jim Willie. 

    Jim has been writing his newsletter about the global economy, gold, etc for over a decade and has had many successful predictions years in advance including predicting the 2008 collapse of US banks. 

    During this hour+ long interview, Jason starts off by asking Jim if China is planning additional retaliation against the US after their couple of devaluations against the US Dollar for the RMB not being allowed into the SDR? Jim says the RMB will never be allowed into the SDR. 

    Next, Jason asks Jim why do you think China, Russia and the BRICs haven’t pulled the plug yet and what steps do you think need to be taken before they do it? Jim says China is currently dumping massive amounts of US Treasuries and they are requiring the RMB for trade settlement.  

    Next, Jason asks Jim about why the oil price is falling and if the Saudis or OPEC hired Wall St to intentionally short the paper oil market? Jim thinks the Saudis and OPEC are pushing the oil price down to bankrupt US shale oil companies and also punish the US banks who loaned money and underwrote hedges for the US shale producers. Jim thinks the coming oil bust will not be contained and will be bigger than the US sub prime mortgage and housing crisis that spread into the US banking system, into all US real estate and across the globe. 

    Next, Jason asks Jim about evidence of developing shortages in the physical silver market. Jim says the shortages will get worse as Wall St banks are destroying the precious metals mining sector. Jason and Jim discuss whether the covert price manipulation of silver is like a government mandated price control.

    After that, Jason asks Jim about US Secretary of State John Kerry’s comments about the US Dollar losing its sole World Reserve Currency (WRC) status and why a high level US politician would admit that in public? 

    To wrap up the interview, Jason asks Jim about Donald Trump, the Federal Reserve’s bloated, growing balance sheet and if they are trapped and can ever raise interest rates and the gold market. 

    Jason asks Jim why mainstream, Progressive billionaires like Stanley Druckenmiller are buying gold for the first time in their lives and why China only reported an increase in its gold holdings of 1600 tons?

    Jim Willie says we are in the 9th inning of the current financial system and global economy before the next global economic system is put into place.


August 29, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , | Leave a comment

Special Report: All Hell Is Breaking Loose, But In Other News

  • Published on Aug 28, 2015
    The economy began its roller coaster ride on Black Monday. Nosediving a historical 1000 points, some called for preparation while weaponized media told us there was nothing to worry about. Meanwhile Hillary Clinton slowly careens off of the campaign highway staring an FBI investigation in the face. While Donald Trump is leaving poll bureau’s flabbergasted with the numbers resulting from his frank populist talk. Planned parenthood is unmasked for the baby factory that it is. And the Pentagon quietly begins investigating whistle blower reports that Centcom is allegedly hiding the expansion of ISIS. And that’s just the tip of the iceberg.

    For roughly 48 hours the narrative is clearly a raw nerve exposing itself to the masses. A diversion was sorely needed in order to push all of those skeletons back into the jammed closet. Wednesday morning, the world woke up to the sick premeditated cold blooded on air murder of a journalist and her cameraman just outside of Roanoke, Virginia.

    And suddenly American’s are once again scrutinizing gun laws and race war fuel. Not the criminal Hillary Clinton, not the ISIS trail to the White House, and not the genocide killing off 13 million black folks since 1973. By wednesday afternoon, Hillary Clinton and Barack Obama were mouthing off again about taking away our guns. Before all of the facts were even in, even the deceased female journalist’s Father was calling for stricter gun control. The attack on those two journalists and our founding principals, before the bodies were even cold, stinks of treason incited by New World Order Agenda motive. The only people in the arena even mentioning the epidemic of ssri drugs and possibility of this incident being once again directly related to the pharmaceutical giants was of course Donald Trump and infowars, as usual.

    The illegal invasion of Syria, Europe and our own borders are underway. Foreign military is stationed all over the United States while psyop operations similar to Jade Helm quietly test the infiltration and data collection of American communities. Billionaires replete with inside information are fleeing the sinking ship for greener pastures, identical to the in the know absences during the 9/11 spectacle. America, Something wicked this way comes. The ominous occultic date of September 23rd is weeks away. Are you prepared?


August 29, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

US Military Train For Domestic Disorder

  • Published on Aug 28, 2015
    Slightly below the surface, these Fort Bragg Army engineers are also training — this time in Florida — to assist local authorities in the event of domestic disorder and potential chaos — prepared to quell civil unrest, riots, mass unrest or even the aftermath of terrorist attacks. Scenarios which could all be really coming to America. And that’s when the potential for martial law kicks in.…


August 29, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , | Leave a comment

Jerry Robinson: 60% Stock CRASH Still Ahead

August 29, 2015 Posted by | Economics | , , , , , , , , , , , , | Leave a comment

Former Adviser To Ex UK Prime Minister Warns Public To Start Prepping

  • Published on Aug 28, 2015
    HSBC payment system collapses. Corporate media continually using propaganda that the stock market can’t crash. Consumer sentiment tumbles. Personal spending declines as J Crew reports a decline in sales. It is looking like 2008 all over again, as retail investors are getting out of the market. China unwinding dumping treasuries. Huge push to get rid of paper currency so the central banks have full control. Former Adviser to Ex UK Prime Minister warns everyone needs to prepare for the upcoming collapse. The US Government/central bank continues to blame China for the crash of the market.

The stock market collapse is NOT the main event. It is imminent worldwide financial system collapse, global fiat currency meltdown. Click on image for article.


August 29, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: We Are At War!

  • Jim Willie: We Are At War!
    Will Lehr of Perpetual Assets Interviews Dr. Jim Willie, editor of the Hat Trick Letter on 

    Jim is back, fired up and full of information. We cover the below topics for an hour and a half session. 

    Has the Financial & Trade War Turned into a Hot War?
    Jim says, definitely yes. Tianjin, China is the most strategic business, tech, info and database center in the nation. The explosion was certainly the result of an attack, among other connections between currency devaluation events and violent explosions (see Bangkok). One item of intrigue is that the devaluation of currency means USD lifted higher, and much like a balloon pops if it rises too much (from pressure differential). The devaluation trend will catch fire, and accelerate the USDollar death spiral. RMB devaluation started a trend, sure to result in Competing Currency War. USGovt and USFed masters do not want USD to be given an accelerant booster rocket.

    What is the Interpretation of the Stock Market Nose Dives?
    It begins with the USEconomy stuck in deep recession for six years (now depression). In fact, calling a depression a recovery is the ultimate in Third World propaganda. Yellen is the American version of Mugabe from Zimbabwe (unclear why took Fed post). The Wiley Coyote moment is here. Fed rate hike talk might be more like “HIKE OR DIE” moment or “DIE EVEN IF HIKE.” It is game over for sovereign debt foundation for USDollar. The initial damage from bond fracture realization is with equities (stocks). Could be USFed & Wall St have arranged 1000-pt down opens so as to create USTBond demand during the Chinese dumping exercise (act of financial war)? And the irony: US Langley attacked Chinese stocks, but China dumps USTBonds to shore up financial market. Stocks are the first major casualty, but energy sector losses are with corporate bonds. A 50% correction is appropriate for the USEconomy in depression and PE ratios double the norm. US Stocks no longer a forward indicator of economic performance. ZIRP has had no effect on USEconomy or housing market in kickstart (CAPEX in EmgMkt)

    Is It Crunch Time with US Treasuries & China Dumping $100BN per Week?
    We are now in QE to Infinity Squared mode. At this rate, China would dump all its holdings in ten weeks. Gulf Emirates have $2.2 trillion in toilet paper assets (mostly in USTreasurys), add in another couple loose $trillion out there and the numbers are big. Games like BLICS doubling the New York QE volume will no longer work. QE has ruined the integrity of USTreasury Bonds. USFed must cover the global dumping of USTBonds (confidence to go next). QE to Infinity Squared precedes rejection of USTBills in trade. RMB to be demanded/required/norm in trade settlement with Eastern export nations.

    What The Heck is Happening with the Silver Market Disconnect?
    Default will occur in silver market first, not gold. Physical supplies are the tightest we’ve ever seen. The supply side has not caught up since the US Mint suspension of sales in early July, in fact, it has gotten worse. Premiums and delays have increased on all silver products. Acute shortages have gone worse, with the official mints announcing suspended sales. Jim says gold fights the political battles, but silver will take away the majority of the spoils (2x VS 3x). JPMorgan is on list of Authorized Purchasers to steal supply, just like GLD/SLV funds. The third largest US wholesaler & distributor with 21 warehouses has been cleaned out of ALL silver. Live product dealers are all sold out, coin dealer shows are empty of silver coins and Johnson Matthey & Engelhard went No Offer on 100-oz bars. German gold demand is twice that of the US, and Eastern gold demand is twice the West. Shanghai gold demand is over 73 tons per week (steadily over 50 tons/wk). India gold demand is up 61% in April & May 2015 (versus same months 2014).

    read more.


August 28, 2015 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

China Warns US, It Has Begun Dumping Treasuries

  • Published on Aug 27, 2015
    Tspiras said he underestimated the power of money. The power of the central bank. Greek pension funds are in danger the central bankers are getting ready to tap the funds. Canada is heading into a recession as new vehicles sales collapse. China begins dumping the treasury bonds to pump of the economy and market. If the emerging countries started to dump the treasuries the FED would have to print like crazy. China comes out and says they are not responsible for the crash. Baltic dry index falls again, 100% lower than in 2008. Pending home sales miss, the housing market is heading to a complete collapse. The US Government / Central bankers just manipulated the GDP number by using double seasonally adjusted calculations. CBO confirms debt cannot be sustained.


August 28, 2015 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

China Exclaims “We Were Wronged” – Demands Fed Delay Rate Hike, Reiterates Blame For Market Rout


  • China Exclaims “We Were Wronged” – Demands Fed Delay Rate Hike, Reiterates Blame For Market Rout
    by Tyler Durden,  
    With all mainstream media blame fingers pointing at China – because a market crash could never be America’s fault – Chinese authorities are not best pleased with the rhetoric.As we noted earlier in the week, China’s central bank blames The Fed for the market rout, and now, as Reuters reports, The PBOC has reiterated that a Fed rate hike will push EM into crisis and Yuan devaluation is not responsible for global market turmoil.

    As Reuters reports,


    “China’s exchange rate reform had nothing to do with the global stock market volatility, it was mainly due to the upcoming U.S. Federal Reserve monetary policy move,” Yao said. “We were wronged.”

    read more.


August 28, 2015 Posted by | Economics | , , , , , , , , , , , , | Leave a comment


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