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A Failed Coup… An Unrecognized Republic… And Triggers for a Global Economic Meltdown

Turkish army tanks roll past a portrait of Mustafa Kemal Ataturk, founder of modern Turkey, during a military parade on the 86th anniversary of Victory Day in Ankara, August 30, 2008. Tensions between Turkey's government and its powerful generals will continue clouding the future of the European Union-applicant country, after the new military commander warned against the rising profile of Islam. REUTERS/Fatih Saribas (TURKEY)

Turkish army tanks roll past a portrait of Mustafa Kemal Ataturk, founder of modern Turkey, during a military parade on the 86th anniversary of Victory Day in Ankara, August 30, 2008. Tensions between Turkey’s government and its powerful generals will continue clouding the future of the European Union-applicant country, after the new military commander warned against the rising profile of Islam. REUTERS/Fatih Saribas (TURKEY)

  • A Failed Coup… An Unrecognized Republic… And Triggers for a Global Economic Meltdown
    by Nick Giambruno, Senior Editor, http://www.internationalman.com/  
    The country is one giant powder keg… and the fuse is already lit. I’m talking about Turkey. When the next global crisis explodes, there’s a good chance Turkey will be involved somehow.

    Turkey was founded from the ashes of the Ottoman Empire. It’s where Europe meets Asia. Naturally, it’s a geopolitically significant country. Today, it’s at the epicenter of many crises that are destabilizing the world… the migrant disaster in Europe, the ongoing carnage in Iraq and Syria, the conflict with ISIS, and the new Cold War with Russia.

    In light of all these potential triggers for a global meltdown—as well as the recent failed military coup d’état—I think it’s time to take a closer look at Turkey.

    Bad Blood
    There’s one aspect of Turkey and its myriad of crises that nobody is talking about. That brings us to Greece, Turkey’s historical rival, and where a number of the coup plotters fled after their recent failed putsch. It’s no secret that the Greeks and Turks have been at each other’s throats since at least the 16th century.


    It’s a rivalry of historic proportions because, literally since the days of Homer, most of what is now Western and Southern Turkey had been populated by Greeks. That started changing with the Ottoman conquest of the 16th century, and after World War I, when Turkey ethnically cleansed the area by deporting hundreds of thousands of Greeks and stripping them of their ancestral homes without compensation.

    read more.

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July 21, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , | Leave a comment

Dawn of Federal EU: MEP Demands Dictatorial BAN on Countries Opting Out of EU Rules. Massive Push Towards a Unified European State: United States of Europe

Revelation 13 New King James Version (NKJV) - The Beast from the Sea: 13 Then I[a] stood on the sand of the sea. And I saw a beast rising up out of the sea, having seven heads and ten horns,[b] and on his horns ten crowns, and on his heads a blasphemous name. 2 Now the beast which I saw was like a leopard, his feet were like the feet of a bear, and his mouth like the mouth of a lion. The dragon gave him his power, his throne, and great authority.

Revelation 13 New King James Version (NKJV) –
The Beast from the Sea: 13 Then I[a] stood on the sand of the sea. And I saw a beast rising up out of the sea, having seven heads and ten horns,[b] and on his horns ten crowns, and on his heads a blasphemous name. 2 Now the beast which I saw was like a leopard, his feet were like the feet of a bear, and his mouth like the mouth of a lion. The dragon gave him his power, his throne, and great authority.

  • Dawn of Federal EU: MEP Demands Dictatorial BAN on Countries Opting Out of EU Rules
    by NICK GUTTERIDGE, http://www.express.co.uk/  
    BRUSSELS should respond to the Brexit vote with a federalist crackdown on dissenting member states and a drive for total political union, a leading MEP has said.

    In a controversial intervention former Belgian prime minister and eurocrat Guy Verhofstadt called for EU leaders to ban countries from being able to opt out of unpopular measures like the Schengen zone and the Euro. 

    Bizarrely the MEP, who leads the main liberal party in the European Parliament, believes that the rise of euroscepticisim across the continent is actually a sign that people want more diktats from Brussels. 

    Mr Verhofstadt – a longstanding and vocal critic of Britain – said bureaucrats “cannot defend” the status quo and called for a massive push towards a unified European state. He said: “Today, we are sleepwalking towards a disaster, towards another 27 referenda ending the European Union. The Union must change, or it will die.”

    His comments put him at odds with even the most ardent arch-federalists in Brussels including EU chief Jean-Claude Juncker, who recently claimed he is “not an advocate for a United States of Europe”. 

    The heavyweight Belgian politician has released a draft report on the future direction of the EU project in which he calls for a redrawing of the treaties to crack down on what Mr Juncker has called “part-time Europeans”. 

    In it he proposes watering down the powers of individual countries and boosting the influence of the Commission and the Parliament, arguing that the current model cannot deliver “decisive results”.  And he advocates banning the kind of special dispensation enjoyed by countries like Britain from the most controversial Brussels measures, like the free movement zone and the single currency. 

    read more.
http://www.b92.net/eng/news/world.php?yyyy=2012&mm=06&dd=20&nav_id=80854

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http://www.express.co.uk/news/world/686177/EU-superstate-Brussels-bureaucrat-European-federal-government-Brexit

Click on image for article.

http://www.express.co.uk/news/world/684830/EU-referendum-European-Union-Brexit-Europe-superstate-Brussels

Click on image for article.

http://sputniknews.com/europe/20160628/1042075609/poland-france-germany-eu-superstate.html

Click on image for article.

http://www.pravdareport.com/news/world/europe/27-06-2016/134834-france_germany_superstate-0/

Click on image for article.

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July 21, 2016 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , | Leave a comment

The Financial System is Breaking Down at An Unimaginable Pace

This is what is coming up for the world financial system.

This is what is coming up for the world financial system.

  • The Financial System is Breaking Down at An Unimaginable Pace
    by Simon Black, https://www.sovereignman.com/ 
    Now it’s $13 trillion.

    That’s the total amount of government bonds in the world that have negative yields, according to calculations published last week by Bank of America Merrill Lynch.

    Given that there were almost zero negative-yielding bonds just two years ago, the rise to $13 trillion is incredible. In February 2015, the total amount of negative-yielding debt in the world was ‘only’ $3.6 trillion. A year later in February 2016 it had nearly doubled to $7 trillion. Now, just five months later, it has nearly doubled again to $13 trillion, up from $11.7 trillion just over two weeks ago.

    Think about that: the total sum of negative-yielding debt in the world has increased in the last sixteen days alone by an amount that’s larger than the entire GDP of Russia

    Just like subprime mortgage bonds from ten years ago, these bonds are also toxic securities, since many of are issued by bankrupt governments (like Japan).

    Instead of paying subprime home buyers to borrow money, investors are now paying subprime governments. And just like the build-up to the 2008 subprime crisis, investors are snapping up today’s subprime bonds with frightening enthusiasm. We’ll probably see $15 trillion, then $20 trillion, worth of negative-yielding subprime government debt within the next few months.

    So this trend will continue to grow for now, until, just like in 2008, the bubble bursts in cataclysmic fashion. It took several years for the first subprime bubble to pop. This one may take even longer. But even still, we can already see the consequences today.

    read more.

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July 21, 2016 Posted by | Economics | , , , , , , , , , , | Leave a comment

Italy Will DESTROY EU: Warning as Italian Referendum to Spark Euro Economic APOCALYPSE

http://www.express.co.uk/news/world/691326/Italy-prime-minister-Matteo-Renzi-political-financial-break-down-Eurozone-European-Union

Click on image for article.

http://www.voxeurop.eu/en/content/news-brief/2211991-10-countries-united-states-europe

Click on image for article.

http://www.express.co.uk/news/politics/683739/EU-referendum-German-French-European-superstate-Brexit

The rise of the endtimes 10 Horn Beast empire. Click on image for article.

http://www.dailymail.co.uk/news/article-3662827/Has-Britain-avoided-European-superstate-France-Germany-draw-plans-morph-EU-countries-one-control-members-armies-economies.html

Click on image for article.

July 20, 2016 Posted by | Economics, GeoPolitics | , , , , , , , | Leave a comment

Bill Holter: Markets to Be Shutdown When Derivatives Chain Breaks; Societal Chaos

  • Published on Jul 19, 2016 
    Fan favorite Bill Holter is back this time to discuss the huge risk world financial markets. The derivatives crash starting in Europe could be the first domino to fall. The manipulation and new world order agenda also tie into the 2016 Election where he states they may shut it down if it looks like Trump would win. Gold price suppression will end eventually when markets close after collapse and we reach a new paradigm with fiat currencies and social structure burning.

    TOPICS IN THIS INTERVIEW:
    02:00 US Stocks Manipulated Higher as 2016 Election approaches
    03:30 More Stocks down on average than actually up
    05:30 Negative Interest Rates make Debt worth more than Cash
    07:30 Deutsche Bank Derivatives Risk; Europe/Italian Banks to Crash First
    11:00 More QE, Helicopter Money; All Fiat Currencies to Be Destroyed
    12:30 2016 Election: Clinton vs Trump, How crazy will this get?
    14:00 Possible Election Suspension as Black Lives Matter Protests Rage
    16:30 If Trump is Not a Trojan Horse he’d clean up the Government
    17:45 NWO Has 100% Control; Reset Coming; Commodities to Skyrocket
    18:20 Gold Price Suppression Scheme to End with Market Shutdown

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July 20, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , | Leave a comment

There Is Only One Bank, There Is Single Super Entity That Controls Everything: Jeff Nielson

Luciferian_New_World_Order_Koch_n_Spangler

https://socioecohistory.wordpress.com/2013/06/06/trevor-aaronson-inside-the-fbis-manufactured-war-on-terror/

Click on image for article.

July 20, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a comment

Why Italy’s Banking Crisis Will Shake The Eurozone to Its Core

http://www.telegraph.co.uk/business/2016/07/16/why-italys-banking-crisis-will-shake-the-eurozone-to-its-core/

Click on image for article.

July 20, 2016 Posted by | Economics | , , , , , , , | Leave a comment

German Economy on a Knife Edge: Struggling Deutsche Bank Closes Nearly 200 Branches

Deutsche-Bank-collapse

  • German Economy on a Knife Edge: Struggling Deutsche Bank Closes Nearly 200 Branches
    by TOM PARFITT, http://www.express.co.uk/  
    GERMANY’S economy could be on the brink of collapse after its largest bank announced it will shut one-quarter of its branches.

    Deutsche Bank will close 188 branches across Germany in the coming months, with 51 of them in the North Rhine-Westphalia region. The lender has been forced to implement dramatic austerity measures after share prices plummeted by a staggering 48 per cent, marking an all-time low. It has also pulled out of 10 foreign markets, including Russia and Australia, and is poised to cut around 3,000 full-time jobs.

    Earlier this year Wolfgang Schaeuble, Germany’s Finance Minister, claimed he had “no concerns” about Deutsche Bank’s plunging share prices. And co-CEO John Cryan insisted: “Deutsche Bank remains absolutely rock-solid, given our strong capital and risk position.” But financial expert Max Keiser has poured cold water on their claims, saying the bank is “technically insolvent” and runs a “ponzi scheme”.

    read more.

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July 19, 2016 Posted by | Economics | , , , , , | 1 Comment

Catherine Austin Fitts: The Debt Game Is Over. US & Clinton Beyond the Law

  • Catherine Austin Fitts: The Debt Game Is Over. US & Clinton Beyond the Law
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release) 
    Financial expert and former Assistant Secretary of Housing, Catherine Austin Fitts, says the U.S. government’s actions with Hillary Clinton means it is more lawless than ever. Fitts explains, “The entire country now looks like Arkansas . . . we’ve all turned into Mena, Arkansas, now. It’s pretty tragic. I have watched for two decades while 80% of the federal budget and federal credit has been run outside the Constitution and the laws related to financial management. I have never seen anything as blatant and outrageous as Loretta Lynch, prior to Hillary Clinton’s interview with the FBI, meeting with her disbarred husband, who is either the husband of or the target of a criminal investigation, and basically briefing him, I am assuming and what I believe on what Hillary needs to know, so she can skate the (FBI) interview. What the President, Lynch and Comey don’t want is the investigative team recommending to indict. . . . If you know anything about civil or criminal procedures, this is so beyond the law. This is so over the top that I have never seen anything more outrageous. It’s beginning to look like Mena, Arkansas, during the Mena drug running.”

    Fitts says the corrupt way they handled Ms. Clinton is how they are handling the business of the federal government. Fitts contends, “We know the entire financial infrastructure of the government has been run as a criminal enterprise for quite some time. The government engineered the pump and dump housing market. The government was the one that let JP Morgan Chase skate on Madoff and many, many other situations. Yes, the government is being run outside of the laws related to money. That requires a double standard and a parallel universe between what you say you are doing and what you are really doing. The actual governance system is different than what the official story is, and that is the problem that you are seeing in every administration since the death of (President) Kennedy. Kennedy wasn’t doing what ‘Mr. Global’ wanted, so he was assassinated. . . . This is now a very, very deep problem. We are financially dependent on organized crime cash flows as an economy. The citizens are going to have to make up their mind if are they going to tolerate this level of corruption or not.”

    read more.

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July 18, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , | Leave a comment

Bill Holter: Financial Derivatives Chain is Breaking; Market Collapse Soon; 2016 Election Suspension?

  • Published on Jul 15, 2016 
    Fan favorite Bill Holter is back this time to discuss the huge risk world financial markets. The derivatives crash starting in Europe could be the first domino to fall. The manipulation and new world order agenda also tie into the 2016 Election where he states they may shut it down if it looks like Trump would win. Gold price suppression will end eventually when markets close after collapse and we reach a new paradigm with fiat currencies and social structure burning.

    TOPICS IN THIS INTERVIEW:
    02:00 US Stocks Manipulated Higher as 2016 Election approaches
    03:30 More Stocks down on average than actually up
    05:30 Negative Interest Rates make Debt worth more than Cash
    07:30 Deutsche Bank Derivatives Risk; Europe/Italian Banks to Crash First
    11:00 More QE, Helicopter Money; All Fiat Currencies to Be Destroyed
    12:30 2016 Election: Clinton vs Trump, How crazy will this get?
    14:00 Possible Election Suspension as Black Lives Matter Protests Rage
    16:30 If Trump is Not a Trojan Horse he’d clean up the Government
    17:45 NWO Has 100% Control; Reset Coming; Commodities to Skyrocket
    18:20 Gold Price Suppression Scheme to End with Market Shutdown

end

July 18, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Collapse of European Banks Is Imminent: Jason Burack

July 18, 2016 Posted by | Economics | , , , , , , , , , , , , , , , , | Leave a comment

The Real Endgame For Italian Banks

http://www.express.co.uk/news/world/688424/Struggling-Italy-banks-could-spark-financial-crisis-EU-refuses-to-help

If Italian banks fall, French and German banks are toast. The EU and Eurozone will collapse. Click on image for article.

  • The Real Endgame For Italian Banks
    by Tyler Durden, http://www.zerohedge.com  
    The new head of UniCredit, Italy’s biggest bank, has implored the EU to take a more lenient stance on rescuing the country’s troubled banking sector, as The FT reports Mustier urges Brussels should look to a controversial 2004 French government rescue of Alstom as a model.

    Jean-Pierre Mustier, a former senior banker at Paris-based Société Générale, said Alstom — the French engineering group bailed out by a controversial €2.5bn government aid package — was an example where “the state intervened . . . and the company thrived afterwards.”

    European authorities have balked at any taxpayer rescue of Italian banks that do not adhere to strict new EU rules that limit Rome’s ability to bail out financial institutions without first forcing losses on private creditors.

    The 13% surge in Italian bank stocks this week – the most since 2011… 


    read more.
http://www.express.co.uk/finance/city/686853/Italy-s-deepening-banking-crisis-could-rip-the-eurozone-apart-warn-experts

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http://www.express.co.uk/news/world/684213/Italy-I-financial-crisis-Euro-EU-European-Union-Brexit

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July 16, 2016 Posted by | Economics, GeoPolitics | , , , , , , , | Leave a comment

Could Italy Bring Down the Euro?

Eurozone_Collapse

  • Could Italy Bring Down the Euro?
    by Soeren Kern, http://www.gatestoneinstitute.org/
    * A move by Italy — the third-largest economy in the eurozone — to abandon the euro could strike a potentially fatal blow to the currency and to the bloc itself.

    * Meanwhile, at more than 130% of GDP, Italy has one of the biggest public debt burdens in Europe, second only to Greece.
    * “A perfect storm of slow or zero Italian economic growth, low interest rates and politically connected, often corrupt, lending have combined to create a situation where the Italian financial system is in need of a large rescue.” — Mihir Kapadia, Sun Global Investments.
    * M5S blames the euro for Italy’s woes, and many Italians agree.

    The eurosceptic Five Star Movement (M5S) has overtaken Prime Minister Matteo Renzi’s Democratic Party (PD) in several opinion polls and is now the most popular political party in Italy.

    The poll results represent a significant shift in Italy’s political landscape and have potentially far-reaching implications for the future of the European Union. 

    M5S, which would win national elections if they were held today, has called for a referendum on whether Italy, which is facing the collapse of its banking system, should keep the euro, the single currency of the European Union, or bring back the Italian lira.

    A move by Italy — the third-largest economy in the eurozone — to abandon the euro could strike a potentially fatal blow to the currency and to the bloc itself.

    read more.

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July 16, 2016 Posted by | Economics, GeoPolitics | , , , , , , , , | Leave a comment

Red Flags Everywhere, Central Banks Admit The Economy Is Collapsing

  • Published on Jul 14, 2016
    Initial jobless claims are at 43 year lows even despite the job market deteriorating. 81% of US incomes are flat or declining since 2008. Producer prices are increasing showing inflation has arrived. Wholesale signalling recession just like in 2001 and 2008. Japan most likely will not be able to enact helicopter money because its against the law in Japan. The housing market is rolling over and there are three signs that say this is true. It’s official the Fed just signaled that their policy has not helped the economy, in fact, the admit its collapsing.

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July 15, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , | Leave a comment

Helicopter Money — The Biggest Fed Power Grab Yet

Yellen: "I need bigger and more helicopters!"

Yellen: “I need bigger and more helicopters!”

Hyperinflation-Janet_Yellen_Breakfast

  • Helicopter Money — The Biggest Fed Power Grab Yet
    by  • July 14, 2016, http://davidstockmanscontracorner.com/
    The Cleveland Fed’s Loretta Mester is a clueless apparatchik and Fed lifer, who joined the system in 1985 fresh out of Barnard and Princeton and has imbibed in its Keynesian groupthink and institutional arrogance ever since. So it’s not surprising that she was out flogging—-albeit downunder in Australia—- the next step in the Fed’s rolling coup d’ etat. 


    We’re always assessing tools that we could use,” Mester told the ABC’s AM program. “In the US we’ve done quantitative easing and I think that’s proven to be useful.

    “So it’s my view that [helicopter money] would be sort of the next step if we ever found ourselves in a situation where we wanted to be more accommodative.

    This is beyond the pale because “helicopter money” isn’t some kind of new wrinkle in monetary policy, at all. It’s an old as the hills rationalization for monetization of the public debt—–that is, purchase of government bonds with central bank credit conjured from thin air.

    It’s the ultimate in “something for nothing” economics. That’s because most assuredly those government bonds originally funded the purchase of real labor hours, contract services or dams and aircraft carriers.

    As a technical matter, helicopter money is exactly the same thing as QE. Nor does the journalistic confusion that it involves “direct” central bank funding of public debt make a wit of difference.

    Suppose Washington issues treasury bonds to the 23 primary dealers on Wall Street in the regular manner. Further, assume that some or all of these dealers stick the bonds in inventory for 3 days, 3 months or even 3 years, and then sell them back to the Fed under QE (and most likely at a higher price).

    So what!

    The only thing different technically about “helicopter money” policy is the suggestion by Bernanke and others that the treasury bonds could be issued directly to the Fed. That would just circumvent the dwell time in dealer (or “investor”) inventories but result in exactly the same end state. In that event, of course, Wall Street wouldn’t get the skim.

    read more.
Baby Janet Yellen training for QE.

Baby Janet Yellen training for QE.

Baby Janet Yellen: You ain't seen nothing yet!

Baby Janet Yellen: You ain’t seen nothing yet!

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July 15, 2016 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

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