Socio-Economics History Blog

Socio-Economics & History Commentary

Why We’ve Got To Shut Down The Federal Reserve To End The Boom And Bust Cycle

  • Published on Aug 15, 2017
    Michael Snyder reiterates how important it is to destroy the Federal Reserve in the fight to defeat the Globalist’s cycle of economic slavery.

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!

http://www.wnd.com/2008/03/59405/

Click on image for article.

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August 16, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Leave a comment

Professor Rogoff’s War on Cash — Give Central Banks Total Control Over Our Lives

  • Professor Rogoff’s War on Cash — Give Central Banks Total Control Over Our Lives
    by , https://www.theautomaticearth.com/
    Rogoff, Orwell and Kafka 
    Harvard professor and chess grandmaster Kenneth Rogoff has said some pretty out there stuff before, in his role as self-appointed crusader against cash, but apparently he’s not done yet. In fact, he might just be getting started. This time around he sounds like a crossover between George Orwell and Franz Kafka, with a serving of ‘theater of the absurd’ on top. Rogoff wants to give central banks total control over your lives. They must decide what you do with your money. First and foremost, they must make it impossible for you to save your money from their disastrous policies, so they are free to create more mayhem.

    Prepare For Negative Interest Rates In The Next Recession Says Top Economist
    Negative interest rates will be needed in the next major recession or financial crisis, and central banks should do more to prepare the ground for such policies, according to leading economist Kenneth Rogoff. Quantitative easing is not as effective a tonic as cutting rates to below zero, he believes. Central banks around the world turned to money creation in the credit crunch to stimulate the economy when interest rates were already at rock bottom.

    Central banks create recessions and crises. Note people, and not economies. Central banks. The next recession, which is inevitable, that’s the one thing Rogoff has right, will come when the bubbles in housing, stocks, bonds, etc., created by central banks’ QE, ZIRP, NIRP, start to pop. And there’s nothing worse than giving central banks even more tools for creating crises. We should take away the tools they have now, not hand them more sledgehammers.


    read more.
http://www.wsj.com/articles/the-political-war-on-cash-1455754850

Click on image for article. Needs subscription.

http://www.infowars.com/top-libertarian-warns-of-martial-law-cashless-society-2/

Click on image for article.

http://www.infowars.com/federal-reserve-manufactures-greater-recession/

Click on image for article.

http://english.pravda.ru/news/business/19-05-2015/130638-cash-0/

Click on image for article.

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August 16, 2017 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , , , , | Leave a comment

Dollar Won’t Collapse – It Will VANISH | Jim Willie

August 16, 2017 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Dick’s CEO: “The Retail Industry Is In Panic Mode”

  • Dick’s CEO: “The Retail Industry Is In Panic Mode”
    by Tyler Durden, http://www.zerohedge.com
    With Dick’s stock crashing after reporting dreadful results this morning, in which both comp sales and EPS missed as the company slashed its full year guidance below even the lowest sellside forecast (it now sees full year EPS of $2.80 to $3.00, below the previous guidance of $3.65 to $3.75 and the Wall Street estimate of $3.62 ), the management team had no reason to hold back on today’s earnings call, and luckily – unlike many other retailers who still hold out hope that the worst is behind them – it did not, for an unvarnished look into the retail space.

    Confirming just how little pricing power retailers have, CEO Ed Stack said “we have conducted extensive consumer research, and the customers have told us they feel our prices are not competitive in today’s environment” in which everyone is slashing price to capture market share, and as a result the company is “intentionally joining this battle, and we will aggressively be promoting our business to drive market share to our stores and online.”

    read more.

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August 16, 2017 Posted by | Economics | , , , , , | Leave a comment

A New Currency Emerges As The Old Currency Withers Away, Welcome To The Transition

  • Published on Aug 14, 2017
    The restaurant industry is experiencing a slow down in traffic and sales even with rising food and drink prices. Trump signs memo looking into the trade agreements with China. From all the indicators that are now out in the public domain the US economy is in a recession even though the Fed has not acknowledged it. IRS reports quarterly taxes are down 40% as more individuals are not paying up. Does the Fed have 6200 tons of gold, we don’t know because they will not allow anyone to audit it . Venezuela and many other countries are turning towards cryptocurrencies. The central banks are pushing to stop people from using cryptocurrencies, what we are witnessing is the transition into a new currency, a new system. 

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August 15, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , | Leave a comment

Lynette Zang: All Assets Will Be Valued In SDR’s

August 15, 2017 Posted by | Economics | , , , , , , , , , , , | Leave a comment

CNN Is Reporting “The 1% Are Bugging Out” — Something Evil This Way Comes

  • CNN Is Reporting “The 1% Are Bugging Out” — Something Evil This Way Comes
    by Dave Hodges, http://www.thecommonsenseshow.com/
    A migration to underground hideouts began almost 5 years ag
    o in earnest for members of the alphabet soup agency retirees. I knew one of these “refugees” personally and he pointed to 2015 as the time when he anticipated that all hell was going to break loose. I wrote an article about the defection of my FEMA contact, his family and like-minded individuals from FEMA and DHS,  almost five years ago.


    Pastor Lindsay Williams sent me an email regarding a survival tip for the difficult times ahead. Pastor Williams has been a guest on my show several times and I sent him back an email asking when he would like to come back on my show. He responded that he has stopped doing interviews. His message indicated it is almost time to stop talking and to start preparing for some very dark days.

    How do I know?  Some of my very best contacts have told me that it is time to stop warning the people, because it is now time to start hiding from the wrong people. My initial reaction is to not believe them, but there are too many well-placed sources to not take this advice seriously.

    Jim Marrs Saw the Warning on the Wall Five Years Ago
    I first became aware of the elite bugging out in an interview on The Common Sense Show, the late Jim Marrs discussed how approximately 400-500 top level bankers have left their positions and have gone into seclusion. Marrs reminded my listening audience of how the elite have developed seed vaults which only they have access to. Marrs was clearly alluding to the fact that some very bad events are coming and the global elite are aware of it and are moving to meet the threat.  I have firsthand knowledge of four ex-fed officials and their families who have relocated to safety enclaves when doing so was very disruptive to their respective family’s lives. Increasingly, it is looking like some major event(s) is/are coming and persons with insider information are attempting to remove themselves from harm’s way.

    Another media friend of mine, Paul Martin, of Revolution Radio, has been repeatedly telling me that several key contacts of his from the various alphabet soup agencies as well as the military have, or are, leaving the country in anticipation of what is coming. In the past several months, I have had a number of phone calls from media people who are telling me that their sources are repeating the same mantra, or they are just dropping off of  the radar.

    Even Fake News CNN Is Reporting That the 1% Billionaires Are Preparing for the “Apocalypse”
    As reported by CNN:
    “…Many of the world’s elite, including hedge fund managers, sports stars and tech executives (Bill Gates is rumored to have bunkers at all his properties) have chosen to design their own secret shelters to house their families and staff.

    Gary Lynch, general manager of Texas-based Rising S Company, says 2016 sales for their custom high-end underground bunkers grew 700% compared to 2015, while overall sales have grown 300% since the November US presidential election alone…”


    read more.

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August 14, 2017 Posted by | Disaster, EndTimes, GeoPolitics | , , , , , , | Leave a comment

AHEAD: “BREAKDOWN IN FIAT CURRENCY SYSTEM” | Kenneth Ameduri

  • Published on Aug 13, 2017
    CrushTheStreet chief editor Kenneth Ameduri joins FinanceAndLiberty to discuss the global economy. He explains the US has experienced the worst productivity in 35 years, and money printing has gone into overdrive. Where are paper currencies headed? “The world is looking for a free market alternative to be able to put their money in,” he says. This shift is why we’re seeing money flow into cryptocurrencies, gold, and silver. Bitcoin and other cryptocurrencies are “big competition for the Dollar, for the Euro.”

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August 14, 2017 Posted by | Economics | , , , , , , , | Leave a comment

Egon von Greyerz: Big Money Going into Gold

  • Egon von Greyerz: Big Money Going into Gold
    by Greg Hunter’s USAWatchdog.com 
    Financial expert Egon von Greyerz (EvG) says the central bankers did not fix the problem that caused the last global economic meltdown. EvG points out, “Did they save the system?  For ten years they did, but they didn’t save it.  They made the problem a lot bigger.  Global debt has gone from $120 trillion in 2006 to $225 trillion today.  Central banks have printed another $18 trillion.  So, the situation right now is a lot worse than it was then.  So, the bubble is much bigger.  And remember last time, interest rates worldwide were around 5% to 6% ten years ago. . . .Today, they are zero or negative in many countries.  They cannot achieve anything by adjusting interest rates.  Well, they can make them more negative, but people are not going to give them any money with negative interest rates.”


    EvG has decades of experience as a top executive in the European banking system, and he contends, “The ECB risks are increasing exponentially. Greece is still bankrupt and will remain bankrupt.  If you go around to all the other countries, Ireland, France and all the other countries . . .  the problem is just a lot bigger today than it was.  They have done a great job in fooling all of the people most of the time . . . when the risk is greater than ever.  It shows if you tell people lies often enough, people will believe it, and that’s what’s happened.  This is why when this ends, it’s going to end in tears.  It’s not going to end with a slow gradual process of deterioration.  It’s going to end with a bang.  I am not a pessimist.  I am just looking at risk, and the risks are so clear to me. This is a risk that no one can actually do anything about because there is nothing you can do for debts that cannot be repaid. . . . We are living in a lie, and you cannot live on a lie forever.”

    EvG vaults gold for wealthy clients in secret vaults in Switzerland and in Asia. What is he seeing first hand from his global clients?  EvG says, “It’s interesting that we are seeing big money now starting to actually come into the gold area. They are increasing (holdings) or coming in for the first time, which I would say is quite new, in the last few weeks.  People are sensing it.  People understand what’s happening.  We have our clients we’ve had for the last 15 years, and they are increasing their holdings, but we have new money coming in, and it hasn’t been on the scale we are seeing now. . . . There are people that smell things before they happen.  People don’t know why, but people are sensing something is going to happen.”

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August 14, 2017 Posted by | Economics | , , , , , , , , , | Leave a comment

Trump Warns Venezuela of US ‘Military Option,’ Caracas Calls It ‘Crazy’

  • What is Donald Trump doing? Has he sold out to the Illuminist MIC war agenda? Did they put a ‘gun to his head’? Or is he trying to start a war as distraction from the coming petrodollar collapse? We will never know.
  • Trump Warns Venezuela of US ‘Military Option,’ Caracas Calls It ‘Crazy’
    by https://www.rt.com/
    The crisis in Venezuela could prompt a US military response, President Donald Trump has told reporters. The Pentagon, however, has reportedly not been directed on any such plans.

    On Friday, Trump appeared outside his golf club in Bedminster, New Jersey, alongside Secretary of State Rex Tillerson and US Ambassador to the UN Nikki Haley, where he told reporters that he had “many options” for responding to the Venezuelan crisis.

    “The people are suffering and they are dying. We have many options for Venezuela including a possible military option if necessary,” Trump said, according to Reuters.

    Trump called Venezuelan President Nicolas Maduro a “dictator” and blamed him for the humanitarian situation in the country. Trump did not elaborate as to whether American troops would be leading the military option.

    “We don’t talk about it,”
     he said. “But a military operation, a military option, is certainly something we could pursue.”

    read more.

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August 14, 2017 Posted by | GeoPolitics | , , , , , , , | Leave a comment

Central Banks Prepare for End of the Dollar – G. Edward Griffin Interview

  • Published on Aug 8, 2017
    With the World getting used to the Trump Presidency we have living Legend G. Edward Griffin with us to explain the current outlook in the White House.
    We also discuss the important fact regarding the Federal Reserve not actually been Federal, its parasitic hold over the Economy and the huge awakening happening as people begin to wake up! TOPICS IN THIS INTERVIEW:

    02:25 The Trump Presidency Vs. the Deep State
    05:45 Trump and Kissinger’s meet up
    10:45 Importance of Sovereignty and the Monetary System 
    13:10 Outlook on the non-Governmental Federal Reserve
    20:45 The relationship between The FED and Stock Market
    24:45 The awakening against corruption!
    30:05 Where to learn more about the Red Pill Expo

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August 12, 2017 Posted by | Economics | , , , , , , , , , , , , , | Leave a comment

Jim Willie: King Dollar Loses Its Global Currency Reserve Status

  • Published on Aug 10, 2017
    An hour and a half intelligence report from one of the best minds in economic and geopolitical forecasting. Jim Willie, Editor of the “Hat Trick Letter” shares his insights of the impact of sanctions against Russia, the impact of US interventions in the middle-east, the realignment of the geopolitical world and the unavoidable demise of the US dollar. Jim closes with an important announcement regarding new content that will be published in the Golden Jackass “Hat Trick Letter”. To learn more about his work please visit:


    http://www.goldenjackass.com/ and follow Jim on Twitter @goldenjackass.

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

The Market Will Fall By 50%-70% As The Petro-Dollar Comes To End: Steve St. Angelo

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

‘We’re at Tipping Point’ Italian MEP Warns Migrant Crisis Bringing EU to Brink of Collapse

  • ‘We’re at Tipping Point’ Italian MEP Warns Migrant Crisis Bringing EU to Brink of Collapse
    by NICK GUTTERIDGE, BRUSSELS CORRESPONDENT, http://www.express.co.uk/
    A SENIOR Italian politician has warned that the European Union is once again hurtling towards the brink of collapse because of the renewed migration crisis and Brussels’ failure to effectively manage it.

    In a hard-hitting plea socialist leader Gianni Pittella called on EU leaders to start taking the situation in his home country more seriously or it could grow to threaten the whole future of the bloc. He said Eastern European countries’ point blank refusal to take in refugees under the club’s quota scheme was “unacceptable” and backed calls to strip them of their Brussels funding.

    And the Italian MEP, president of the Socialist and Democrat grouping in the EU parliament, warned that unless the migration issue is sorted it will simply “harden divisions” and rip the bloc apart.

    The EU has been grown into chaos by the recent upsurge in arrivals to Italy, which has exposed stark differences within the different member states over how to deal with mass migration. Eastern European countries like Hungary and Poland have predictably refused to take in any asylum seekers, but Rome has been alarmed at the extent to which it has also been abandoned to its fate by key players like France and Germany.

    With newly elected Emmanuel Macron keen to strike a tough tone on migration as he looks to win over supporters of Marine Le Pen, and Angela Merkel facing her own election battle in September, little help has been on offer. 

    read more.

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August 11, 2017 Posted by | GeoPolitics, Social Trends | , , , , , | Leave a comment

The Global Unit of Account is Now Shifting from the USD to the SDR – ITM Trading’s Lynette Zang

  • Streamed live on Aug 8, 2017
    ITM Trading’s Lynette Zang Talks about shift away from the US dollar to the SDR as the global unit of account began back in May 2017. This shift is being ushered in and supported by China as power also shifts from the West to the East. The tool being used is the ACC (Asset Collection Chain), which digitizes tangible asset ownership into a tradable SDR. I consider this the most important event to date. Here is a link to the slides and information contained in Lynette’s presentation:
     http://bit.ly/2hM0Tyy

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August 11, 2017 Posted by | Economics | , , , , , , | Leave a comment