Socio-Economics History Blog

Socio-Economics & History Commentary

Japan: Survival of International Trading System at Risk — Over 40 Countries Object at WTO to U.S. Car Tariff Plan, Fearing Collapse of Rules-Based Trading System

  • Trump is definitely wrecking the New World Order system. It also means that America is becoming a rogue state. The Illuminati definitely cannot build a Luciferian World Government for their Man of Sin with the policies of the Trump administration.
  • Over 40 Countries Object at WTO to U.S. Car Tariff Plan, Fearing Collapse of Rules-Based Trading System
    by REUTERS, https://www.japantimes.co.jp/news/
    GENEVA – Major U.S. trading partners including the European Union, China and Japan voiced deep concern at the World Trade Organization on Tuesday about possible U.S. measures imposing additional duties on imported autos and parts.

    Japan, which along with Russia had initiated the discussion at the WTO Council for Trade in Goods, warned that such measures could trigger a spiral of countermeasures and result in the collapse of the rules-based multilateral trading system, an official who attended the meeting said.

    Over 40 WTO members, including the 28 countries of the European Union — warned that the U.S. action could seriously disrupt the world market and threaten the WTO system, given the importance of cars to world trade.

    The United States has imposed tariffs on steel and aluminum imports from many of its key allies and is conducting another national security study that could lead to tariffs on imports of cars and car parts. Both sets of tariffs would be based on concerns about U.S. national security. U.S. President Donald Trump said June 29 that the probe would be completed in three to four weeks.

    But the European Union has warned the United States that imposing import tariffs on cars and car parts would harm its own automotive industry and likely lead to countermeasures by its trading partners on $294 billion of U.S. exports.

    read more.

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July 5, 2018 Posted by | Economics, GeoPolitics | , , , , , , | Leave a comment

It’s Time to Reform Global Trade Rules, Says France’s Macron

  • It’s Time to Reform Global Trade Rules, Says France’s Macron
    by Reuters, via https://www.nytimes.com/
    PARIS — French President Emmanuel Macron on Wednesday said it was time for the world’s biggest economic powers to start talks on reshaping World Trade Organization rules to prevent current tensions spiralling into trade wars.

    Macron’s comments before the Paris-based Organization for Economic Cooperation and Development (OECD) came as the European Union faced less than 48 hours to win an exemption from U.S. tariffs on European aluminium and steel.

    “This is about a complete update of global competition rules,” Macron said, advocating multilateralism at a time when the risk of tit-for-tat trade measures threatens to derail global growth.

    The French leader wants the EU, United States, China and Japan to draw up a blueprint for WTO reform in time for the next G-20 meeting in Argentina at the end of the year.

    “The new rules must meet the current challenges of world trade: massive state subsidies creating distortions of global markets, intellectual property, social rights and climate protection,” Macron added. Macron said, however, that Europe should show no weakness in the face of unilateral action. “All sides always lose in a trade war,” he said.

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June 1, 2018 Posted by | Economics | , , , , , , | Leave a comment

The GOLD ILLUSION: False Stability, USA, Canada, Japan, Crash & Reset. Q&A with Lynette and Eric

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May 30, 2018 Posted by | Economics | , , , , , , , , , , , | Leave a comment

ECB Is Now Preparing All Banks For The Economic Collapse?

  • X22Report Published on Apr 19, 2018
    The house of lords or pushing to overturn the BREXIT, the central bankers will not allow the BREXIT to happen and they will used everything they have to stop it. The Canadians just broke the old record for borrowing against their homes. This is happening as home prices are declining. Real estate market is headed for a disaster. Trump and Abe agree on trade. The ECB moves to protect all banks against the economic collapse.

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April 21, 2018 Posted by | Economics | , , , , , , , , , , , , , , | Comments Off on ECB Is Now Preparing All Banks For The Economic Collapse?

“They Killed The Market” – Not A Single Japanese Bond Traded On Tuesday

Kuroda: “I now own Japan with money created out of thin air!”

  • “They Killed The Market” – Not A Single Japanese Bond Traded On Tuesday
    by Tyler Durden, https://www.zerohedge.com/
    Bank of Japan Governor Kuroda appeared to somewhat proudly proclaim last night during his address to government that the BoJ has bought 75% of JGBs issued in fiscal-year 2017 so far! (and yet we are reassured that this is not debt monetization… not all).

    “Yields in Japan are stable” Kuroda added… One glimpse at the chart below and its clear how ‘stable’ the Japanese bond market has become – reminding us somewhat of Monty Python’s Dead Parrot sketch. As one veteran bond trader exclaimed, “they killed the biggest bond market in the world.”

    This is “the result of YCC [Yield Curve Control] policy” he bragged, before admitting that it “would be hard to continue YCC if trust in debt was lost,”but Kuroda reminded his audience that “because BoJ has seigniorage, trust in yen won’t be lost.”

    But is that trust starting to fade?
    As Bloomberg notes, The Bank of Japan has vacuumed up so much of the government bond market — in excess of 40% — that it’s left fewer securities for others to buy and sell. Some other buyers, such as pension funds and life insurers, also tend to follow buy-and-hold strategies.

    read more.

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March 15, 2018 Posted by | Economics | , , , | Comments Off on “They Killed The Market” – Not A Single Japanese Bond Traded On Tuesday

Michael Pento: Rising Rates Forecast Insolvency, Profound Chaos Coming

  • Michael Pento: Rising Rates Forecast Insolvency, Profound Chaos Coming
    by Greg Hunter’s USAWatchdog.com 
    Money manager Michael Pento says recently rising interest rates are signaling big trouble for the economy. Pento contends, “There are so many things that can go wrong with rising interest rates.  First of all, you have to understand that the permabulls that you hear on CNBC will tell you there is nothing wrong with rising interest rates.  It is a symbol of growth.  If you look at industrial production and retail sales for January, they were negative.  So, rising rates are occurring, not because of growth, they are caused by insolvency concerns.  That is the key metric here, and they are credit risks and insolvency concerns.”


    Who is insolvent? Pento says, “Europe is insolvent.  The United States is insolvent. . . . We have $21 trillion in debt.  That’s seven times our revenue.  So, we are technically insolvent.  You haven’t seen anything yet because as interest rates rise, debt service expenses rise. . . . Certainly, beyond a shadow of doubt, the Bank of Japan is insolvent.”

    Pento says 10-year Treasury rates could easily go to “7%,” which is a massive move from a little less than 3% today. This would not be some wild swing, but a “return to long term averages.”  What are central bankers going to do then?  Pento says, “I think the end game is central bankers are going to come back in and buy everything.  They are going to buy every fixed income sovereign debt instrument that they can find because interest rates are going to spiral out of control. . . . You are going to have a panic out of Treasuries, a panic out of high yield, a panic out of leveraged loans and a panic out of bond funds.”

    Pento also predicts, “For the first time in 40 years, you are going to have bond prices and equity prices in free-fall. That happened in the 1970’s, but it’s going to be worse because in the 1970’s, you didn’t have an insolvency concern. . . The chaos coming to markets is here.  It’s not going away, and it’s not going to be brushed under the rug.  It’s not going to stay on the sidelines for another few years.  The years from 2007 to 2017 were the years central banks were buying everything.  There was no volatility, and stocks just went up.  Those days have ended, and the volatility is only going to become much more profound.”

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February 22, 2018 Posted by | Economics | , , , , , , , , , , , , | Comments Off on Michael Pento: Rising Rates Forecast Insolvency, Profound Chaos Coming

US Intel: North Korea Planning Preemptive Strike Between March 28th And April 2nd?

  • The Alex Jones Channel Published on Feb 16, 2018
    Alex Jones reveals exclusive US Intel about North Korea’s plan to preemptively strike Japan with ICBMs between March 28th and April 2nd, following the feigning peace at the winter Olympics.
https://www.reuters.com/article/us-china-oil-futures/china-plans-to-launch-crude-oil-futures-on-march-26-securities-regulator-idUSKBN1FT0P2

Click on image for article.

https://journal-neo.org/2016/11/01/north-korea-is-an-pentagon-vassal-state/

Click on image for article.

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February 17, 2018 Posted by | GeoPolitics | , , , , , , , , , , , | Comments Off on US Intel: North Korea Planning Preemptive Strike Between March 28th And April 2nd?

It’s Not China That Is Dumping US Treasurys, It’s Japan

  • It’s Not China That Is Dumping US Treasurys, It’s Japan
    by Tyler Durden, https://www.zerohedge.com/
    Recent concerns about a liquidation by China of its US Treasury holdings appear to have been greatly exaggerated because according to the latest TIC data released at 4pm on Thursday, in December, China not only added $8.3 Billion to its holdings, bringing the total to $1184.9BN, or about $26 billion more than a year ago, but for the full year 2017, China added the most Treasury holdings going back seven years.

    But while China appears content with its US paper inventory, it was the second largest foreign US creditor, Japan, that has been liquidating in recent months, and in December, Japan sold $22.6 billion in TSYs, bringing its total to $1,061.5BN, the lowest total since the start of 2012.

    read more.

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February 16, 2018 Posted by | Economics | , , , | Comments Off on It’s Not China That Is Dumping US Treasurys, It’s Japan

S&P, Nikkei Futures Crash After Hours As VIX Volumes Hit All Time High

https://www.investing.com/indices/japan-ni225

  • Illuminist banksters to Donald Trump: “You screw us using the FISA memo, we will screw you back!”
  • S&P, Nikkei Futures Crash After Hours As VIX Volumes Hit All Time High
    by Tyler Durden, https://www.zerohedge.com/
    Here is the simple summary of what happened today courtesy of Morgan Stanley’s quants: market liquidity collapsed while VIX futs volumes hit an all time high, as countless vol-sellers were forced to cover. The details from Morgan Stanley’s quant team:

    * Liquidity in the top of the S&P futures book 50% worse than Friday.
    * Avg available size is 111 contracts since 3PM today on the top of the S&P book. Friday avg. size was 209 (for the entire day
    * Beginning  of Jan this was 800.  End of Jan it was 300.
    * VIX futures traded 897k total across the curve so far today.   Previous FULL DAY record was 850k  (aug 10 2017)

    For those wondering, the market on close imbalance was a whoppoing $3.4 billion. What does this mean in practical terms: as shown in the chart below, the crash is continuing after the close.

    read more.

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February 6, 2018 Posted by | Economics | , , , , , , , | Comments Off on S&P, Nikkei Futures Crash After Hours As VIX Volumes Hit All Time High

A Central Banker Just Admitted On The Record: Currencies Are Worthless…

  • A Central Banker Just Admitted On The Record: Currencies Are Worthless…
    by Phoenix Capita…, https://www.zerohedge.com/
    If you want evidence of the Endgame for Central Bankers, you need to look no further than yesterday’s Bank of Japan (BoJ) announcement. In its simplest rendering, Haruhiko Kuroda, the head of the BoJ, stated that the Japanese Yen is effectively worthless to him.


    In his news conference, Kuroda reiterated that changes to the bond-buying operations don’t imply shifts to its policy stance, adding that the BOJ’s primary objective is the yield curve on Japanese government bonds, not the volume of its asset purchases. Kuroda also suggested the yen’s recent move may have resulted from broad dollar weakness, particularly against the euro.
    Source: Bloomberg

    Put another way, as far as the head of the BoJ is concerned… it doesn’t matter how much currency he prints: tens of billions of yen, hundreds of billions of yen, even trillions of yen… all that matters is where Japanese bond yields are trading.

    This is the literal textbook for Central Bankers around the world: devalue your currency in order to maintain the bond bubble. I outlined all of this in my best-selling book The Everything Bubble: the Endgame For Central Bank Policy... but I have to admit even I was stunned to see the head of a major Central Bank state this explicitly… and in public. But let’s be clear… shredding your currency will work for a while… but eventually doing this unleashes inflation.

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January 27, 2018 Posted by | Economics | , , , , , , , , | Comments Off on A Central Banker Just Admitted On The Record: Currencies Are Worthless…

Q Anon, A False Flag Attempt Is Headed Our Way

  • X22Report Published on Jan 17, 2018
    The President had his physical and he is in perfect health. Bannon is called in to testify in front of congress, but makes deal with Mueller to speak to him privately. Catalan government makes move for independence again. North Korea and South Korea will go to the Olympics together. The cabal (deep state) sends a warship to Japan. Another fake message about incoming missiles, this time in Japan. Syrian opposition putting out fake news that ISIS is recapturing areas. World Economic forum reports that cyber attacks is a big threat for 2018. The Pentagon says they will use Nuclear weapons if attacked by non-nuclear weapons or cyber attacks. Q Anon is warning that many false flag attempts might occur this week or very soon. But all will be safe.

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January 18, 2018 Posted by | GeoPolitics | , , , , , , , , , , , , , | Comments Off on Q Anon, A False Flag Attempt Is Headed Our Way

North Korea Says Has Full Nuclear Force, Can Hit All of US

  • PressTV News Videos Published on Nov 29, 2017
    North Korea has launched a ballistic missile following a 10-week pause in its weapons testing. The Pentagon says its initial assessment shows that the projectile was an Intercontinental Ballistic Missile that flew about one thousand kilometers before landing in the Sea of Japan. It added that the missile did not pose a threat to the Unites States, its territories or its allies. The South Korean military said it conducted a missile-firing test in response to the move by the North. Japan condemned the missile launch by the north as unacceptable.
https://journal-neo.org/2017/09/20/what-if-the-north-korean-crisis-is-in-the-bag-already/

Click on image for article.

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November 29, 2017 Posted by | GeoPolitics | , , , , , , , , , | 1 Comment

North Korea Fires Ballistic Missile, Pentagon Claims It’s an ICBM

  • North Korea Fires Ballistic Missile, Pentagon Claims It’s an ICBM
    by https://www.rt.com/
    North Korea has fired a ballistic missile, which splashed down in the Sea of Japan, according to the South Korean, Japanese and US militaries. The Pentagon says an initial assessment indicates it was an intercontinental ballistic missile (ICBM).

    South Korea’s Joint Chiefs of Staff were the first to report on the launch. “North Korea launched an unidentified ballistic missile eastward from the vicinity of Pyongsong, South Pyongan Province, at dawn today,” it said, as cited by Yonhap news agency. Seoul and Washington were analyzing the missile’s trajectory, it added.

    The Pentagon later said it had detected and tracked a North Korean missile launch. Pentagon spokesman Colonel Robert Manning described the projectile as an intercontinental ballistic missile, adding that it traveled some 1,000 km before splashing down into the Sea of Japan.

    The White House said that US President Donald Trump had already been briefed on Pyongyang’s new launch when the missile was still in the air. Trump eventually called the North Korean missile launch “a situation that we will handle.” The launch would not change the US approach to the North Korea issue, he added.

    The Japanese prime minister’s office said that the North Korean missile apparently landed in waters off Japan within the country’s exclusive economic zone. The Japanese PM ordered an emergency meeting of cabinet ministers, according to Japan’s Chief Cabinet Secretary Yoshihide Suga. Tokyo has also expressed a “strong protest” over the launch. Japanese PM Shinzo Abe has also requested an emergency meeting of the UN Security Council.

    Following the North Korean launch, the South Korean military staged a “precision strike” missile exercise, Yonhap reported. The South Korean military said that the missile flew some 960 kilometers, reaching a peak altitude of 4,500 kilometers. The figures have yet to be verified by other sources, since such an altitude would mean the projectile travelled well into space, with the Low Earth Orbit being marked at 2,000 kilometers.

    US Defense Secretary James Mattis said that the missile went higher than any other projectile the North Koreans had launched previously. The North Korean launch, if confirmed, would be the first test conducted by Pyongyang since September, when the Pyongyang fired a ballistic missile over Japan.

    read more.

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November 29, 2017 Posted by | GeoPolitics | , , , | 1 Comment

BUSTED! CNN Caught Lying About Trump Feeding Koi Fish

  • The Alex Jones Channel Published on Nov 6, 2017
    Alex Explains how CNN Manufactures Fake News by Selectively Airing Footage from Trump’s Asia Trip.

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November 7, 2017 Posted by | GeoPolitics, Social Trends | , , , , , , , , | Comments Off on BUSTED! CNN Caught Lying About Trump Feeding Koi Fish

US ‘Empire of Debt’ Will Go To War To Stop Emergence of Petro-Yuan – Max Keiser

https://www.rt.com/business/407789-us-petro-dollar-yuan/

Click on image for article.

Who owns the world reserve currency, the dollar, the global monetary hegemony? Look at the Satanic capstone on your dollar bill. The Luciferian New World Order will be complete with the arrival of the Satanic capstone: the Anti-Christ, fake messiah, bringer of false peace, the white horseman of Revelation 6!

October 27, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , | 1 Comment