Socio-Economics History Blog

Socio-Economics & History Commentary

Grant Williams: The Death Of The Petrodollar And What Comes After

The_Death_of_King_Dollar

  • Grant Williams: The Death Of The Petrodollar, And What Comes After
    by Tyler Durden, http://www.zerohedge.com
    In December, Grant Williams, author of “Things That Make You Go Hmm…” offered the most comprehensive analysis yet of the rise and inevitable fall of the petrodollar (and implicitly US hegemony). In the following presentation, from Mines & Money Conference in London in December 2016, Williams focuses on gold’s performance in 2016, the reaction to Donald Trump’s election and joins a series of dots that may lead to the end of the petrodollar system and a new place for gold in the global monetary system.

    Grab a glass fo wine – turn off Trump’s twitter feed for 30 minutes and enjoy. Here is the full presentation – “Get It. Got It. Good”

    read more.

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February 11, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Leave a comment

EU In Disintegration Mode

EUrope_collapse1

  • EU In Disintegration Mode
    by Martin Armstrong, https://www.armstrongeconomics.com/
    The EU leadership is really trying to make Great Britain pay dearly for voting to exit the Community. Like the socialists in America, it’s our way or no way. The left may call the right the “deplorables” but the left are the “intolerables” who refuse to ever consider they might be wrong.

    The EU thinks that if they can make it so bad for Britain, nobody else will leave. They refuse to examine why there is rising discontent within Europe. They refuse to let go of this dream of a federalized Europe to eradicate national identities along with sovereign rights.

    The EU intends to make it a mistake that the British will regret and fall to their knees. This attitude is consistent with the constant endeavor to explain all the shortcomings of the EU as insignificant and irrelevant, thereby closing their ears and mind to any possible reform. The EU constantly repeats motto of a federalized Europe will lessen the risk of war but nobody else takes this seriously outside of Brussels. The “European Project” is creating the resentment that fuels war. With this policy in place, the Community has refused to listen to anyone but themselves. This has led to small issues festering and creating resentment which grows into a huge problem and Brexit that has spun Frexit and all the rest.

    The EU refuses to even listen to the British and chose to ignore the speeches of the British Prime Minister, Theresa May. The PM May has announced a clear separation and rejected all interim solutions by the EU, which ultimately would still lead to a dependency upon Brussels. Britain demands that each nation must decide for itself who can immigrate. Just because Merkel allowed the refugees in to help her polls should not subjugate other nations to have to endure a vast influx of something they never voted for.

    Britain is not willing to surrender all domestic law to that of the EU. Indeed, EU law is no longer to be applied in Britain. Here we have the EU demanding Ireland retroactively charge Apple taxes simply because their tax rate is less that the highest EU member. That is surrendering everything sovereign to Brussels. Laws are only to be decided by the British parliament – not Brussels. Jurisprudence is a matter for the British courts not the European Court.

    read more.
http://www.express.co.uk/news/politics/711387/European-Union-Juncker-plan-economy-army-Brussels-led-superstate

Click on image for article.

http://www.express.co.uk/news/politics/711387/European-Union-Juncker-plan-economy-army-Brussels-led-superstate

Click on image for article.

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February 11, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

The Deep State Is Now Formulating A Plan For The Next Event

  • Published on Feb 10, 2017
    Record number of Americans have renounce their citizenship under Obama. 9th Circuit Court rejected Trump’s ban and disregarded the key fact, the law. Media Matters conspiring with Google and Facebook to shutdown alternative media. DHS reports the wall Trump wants to build will be 22 billion dollars. US fires a missile from LA towards China. Russia working with Haftar, the UN Backed government days are numbered. Elite trying to push Trump into a war with China, Iran and Russia. Power outage in Syria, reason unknown.

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February 11, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

EUROZONE CRUMBLES: Germany Orders Greece to LEAVE Euro If It Wants Debts Cut

http://www.express.co.uk/finance/city/765198/Germany-Greece-debts-cut-LEAVE-euro-Grexit-Wolfgang-Schaeuble

Click on image for article.

February 11, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Leave a comment

Le Pen Victory Would Lead To “Massive Sovereign Default”, Global Financial Chaos, Economists Warn

http://www.express.co.uk/news/world/764490/marine-le-pen-euro-break-up-eurozone-national-currencies-french-franc-bernard-monot

Click on image for article.

  • Le Pen Victory Would Lead To “Massive Sovereign Default”, Global Financial Chaos, Economists Warn
    by Tyler Durden, http://www.zerohedge.com
    With two months left until the French election, analysts and political experts find themselves in a quandary: on one hand, political polls show that while National Front’s Marine Le Pen will likely win the first round, she is virtually assured a loss in the runoff round against either Fillon, or more recently Macron, having between 20 and 30% of the vote; on the other, all those same analysts and political experts were dead wrong with their forecasts about both Brexit and Trump, and are desperate to avoid a trifecta as being wrong 3 out of 3 just may be result in losing one’s job.

    Meanwhile, markets are taking Le Pen’s rise in the polls in stride, and French spreads over Germany are moving in lockstep with Le Pen’s rising odds. In fact, as noted earlier in the week, French debt is now the riskiest it has been relative to German in four years.

    As per her recently released manifesto, Le Pen has promised to unilaterally take France out of the Euro within six months, sparking concerns over what might happen then. The answer comes from the National Front itself, which overnight revealed its plans to the FT, suggesting that €1.7 trillion of French public debt would be redenominated into francs if the far-right National Front party gets into power.

    read more.

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February 11, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , | Leave a comment

China, Russia And Iran Are Dumping The Dollar And Increasing Gold Purchases

  • Published on Feb 9, 2017
    Initial jobless claims plunge to 44 year lows as continuing claims surge. Americans haven’t been this positive since 2007 and we know what happened in 2008. Coca-Cola and Kellogg’s are seeing declining revenue and are ready to close manufacturing plants.Wages don’t drop like this unless we are headed into a recession.Deutsche banks says we are near the end. China, Russia and Iran are dumping the dollar and Treasuries and purchasing gold, bye, bye petro-dollar.

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February 10, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Trump’s EU Ambassador Says Greece Likely To “Sever Ties With Germany & Exit The Euro”

https://www.theguardian.com/world/2017/feb/08/trump-envoy-declares-odds-on-greece-will-break-from-euro?utm_source=dlvr.it&utm_medium=twitter

Click on image for article.

  • Trump’s EU Ambassador Says Greece Likely To “Sever Ties With Germany & Exit The Euro”
    by Tyler Durden, http://www.zerohedge.com
    Amid a more prolonged economic doldrums than The Great Depression, Greece is heading towards its 4th bailout/deal with creditors. Adding to Grexit fears (voiced by many in and out of Greece), Ted Malloch, President Trump’s proposed US ambassador to the EU, casts doubt on survival of eurozone and says Athens should return to drachma.

    As we noted previously,
    for the umpteenth time, the IMF has warned that Greece cannot meet fiscal targets set by its creditors. And once again, the IMF insists that it will not be a part of the “Troika” unless the goals on Greece are realistic. History suggests the IMF will cave in to Germany and agree to some half-baked plan (make that 1/8th baked plan) that will supposedly put Greece back on track. Such nonsense has been going on for years. Mercy, Please!


    [It’s worse than the Great Depression…]

    read more.

Eurozone_Collapse

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February 10, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , | Leave a comment

Realist News: Lindsey Williams ‘The New Agenda’ DVD Summary February 2017

February 9, 2017 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , | Leave a comment

‘The NEW French Franc’ Le Pen Set to BREAK UP the Euro & Restore National Currencies

http://www.express.co.uk/news/world/764490/marine-le-pen-euro-break-up-eurozone-national-currencies-french-franc-bernard-monot

Click on image for article.

http://www.telegraph.co.uk/news/newstopics/eureferendum/12018877/The-truth-how-a-secretive-elite-created-the-EU-to-build-a-world-government.html

Click on image for article.

February 9, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , | Leave a comment

This Is Not A Drill! The Economic Crisis Will Start This Year & Last For 5 Years: Clif High

February 9, 2017 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , | Leave a comment

Jim Willie: Financial Explosions Abound

  • Financial Explosions Abound – Interview with Jim Willie
    by https://www.perpetualassets.com/
    Some topics include:

    Gold price revival timeframe
    Trump potential deals with the devils
    Gold Trade Note coming into view
    Gold and silver investment allocation, market analysis and predictions
    Can the USA avoid Third World fate?
    Awakening of the masses and likely scapegoats
    Ultimate Jackass signal of evil banker cabal capitulation
    Role of BitCoin and crypto technology in future money systems
    Petro-Dollar death 90% complete
    Elite globalist scum on the run
    Real significance of the Davos Barbecue this year

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February 8, 2017 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Goldman Sachs Calls For Economic Implosion To Hurt Trump

  • Published on Feb 6, 2017
    Goldman Sachs is one of the most evil companies on the planet and they are doing everything they can to stop Donald Trump.

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February 7, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

Alex Jones Full Show — Warning: Goldman Sachs Is Planning To Implode The Economy

  • Published on Feb 6, 2017
    On this Monday, Feb. 6th 2017 edition of the Alex Jones Show, we analyze Trump’s fight against Soros foundations trying to radically alter America forever. Milo Yiannopoulos joins us to talk about the recent Berkeley riot and how the snowflake leftists are controlled like zombies by the power elite. Also, Washington insider Doug Hagmann reveals the ongoing war against pedophile rings in DC.

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February 7, 2017 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

End of FedRes Independence! House Financial Services Committee Sends Warning Letter to Yellen “This is Unacceptable”

Don't you see the Illuminist pyramid and Satanic capstone on your dollar bill? The symbol of the Anti-Christ.

Don’t you see the Illuminist pyramid and Satanic capstone on your dollar bill? The symbol of the Anti-Christ.

  • End of FedRes Independence! House Financial Services Committee Sends Warning Letter to Yellen “This is Unacceptable”
    by Mike “Mish” Shedlock, https://mishtalk.com/
    The Trump team wasted no time in telling Fed Chair Janet Yellen what is and is not acceptable. Patrick McHenry, the vice chairman of the House financial services committee, sent Yellen a letter of admonishment regarding international negotiations the Fed conducts in secret, with no oversight.

    One line stands out: “This is unacceptable”. The preceding paragraph tears into the Fed’s secret negotiations with foreign bureaucrats, “without transparency, accountability, or the authority to do so.”

    McHenry Warns Yellen – Letter Excerpts
    “I am writing regarding the Federal Reserve’s continued participation in international forums on financial regulation. Despite the clear message delivered by President Donald Trump in prioritizing America’s interest in international negotiations, it appears that the Federal Reserve continues negotiating international regulatory standards for financial institutions among global bureaucrats in foreign lands without transparency, accountability, or the authority to do so.”


    Moreover, the letter seeks a comprehensive review of past agreements with the Financial Stability Board, Basel, and the International Association of Insurance Supervisors that “unfairly penalized the American financial system”.

    The letter blasts “secretive structures” and “opaque decision-making” processes of the Fed. The letter then finishes with a final warning:

    “It is incumbent upon all regulators to support the U.S. economy, and scrutinize, international agreements that are killing American jobs. Accordingly, the Federal Reserve must cease all attempts to negotiate binding standards burdening American business until President Trump has had an opportunity to nominate and appoint officials that prioritize America’s best interests.”

    Fed Independence is Over
    The Fed’s ability to conduct secret deals just ended. An “audit the Fed” initiative is likely on deck. I confidently predict Janet Yellen will not last four years.


    Will Trump pressure the IMF or attack the World Bank? Recall this Tweet from years past.

    read more.

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Dees_FedRes_printing_money_Bernanke_Obama_Biden

Illuminist_banksters_creating_money_out_of_nothing_lending_n_charging_interest

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February 7, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Leave a comment

Apocalypse Island: Tech Billionaires Are Building Boltholes in New Zealand Because They Now Fear Social Collapse or Nuclear War. So What Do They Know that We Don’t?

http://www.dailymail.co.uk/news/article-4190322/Tech-billionaires-building-boltholes-New-Zealand.html

Click on image for article.

February 7, 2017 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , | Leave a comment