Deutsche Bank's Shocking ECB Rant: Warns Of Social Unrest And Another Great Depression

"In the 1920s the Reichsbank thought it could have 2,000 printing presses running day and night to finance government spending without creating inflation. Around the same time the Federal Reserve allowed more than a third of US deposits to be destroyed via bank failures, in the belief that banking crises where self-correcting. The Great Depression followed.... Today the behaviour of the European Central Bank suggests that it too has gone awry."


Your Future...

A Dismal Picture Of Decline

A population of illiterate, non-thinking morons can’t possibly obtain good paying jobs. This country spends $12,000 per public school student per year on education and this is the outcome? The factual data presented below paints a picture of an empire in rapid decline. We are too far gone. No amount of money or presidential election is going to change this course. We chose this path in the 1960s and now we will reap the consequences.

Soros Returns To Trading With "Big, Bearish" Bets On Economic Turmoil

After a nearly decade-long hiatus, not only has George Soros returned to trading, "lured by opportunities to profit from what he sees as coming economic troubles", but that he has personally directed "a series of big, bearish investments", meant to profit from the coming economic turmoil. The last time Soros became closely involved in his firm’s trading: 2007, "when he became worried about housing and placed bearish wagers." Over the next two years the bets netted more than $1 billion of gains.

The Bilderberg 2016 Agenda: Trump, Riots, Migrants, Brexit

BLS Says Jobs Openings Up; Actually, Openings Falling Fast!

The BLS JOLTS (Jobs Openings and Labor Turnover) report came out today. The BLS claims jobs openings are up. Based on an alternate reports, I suggest opening are not only down, but falling steeply. The implications are huge, so let’s dive into the discrepancies.

WTF Chart Of The Day: Chinese Trade Data Lies Exposed (Again)

If March's 116.5% surge in China imports from Hong Kong didn't raise eyebrows as the veracity of the trade data, then perhaps following last night's data drop, this month's 242.6% explosion year-over in China imports from Hong Kong must at minimum deserve a second glance.

How The IRS Used Civil Asset Forfeiture To Ruin The Lives Of Two Connecticut Bakers

“At this point, the government is in so deep, they’ve put these guys through three years of hell — and held onto their money for three years — and so they feel like they need to justify it,” said Robert Everett Johnson, an attorney for the Institute for Justice who is representing the Vocaturas. “So now they’re going to conduct this investigation into the bakery in some effort to try to find something that will make it look like they were doing the right thing all along.”

7th Post-Crisis 'Recession' Looms As April Japanese Machinery Orders Crash Most Since 2009

When asked what he thought, Abe replied "Depends."

 

The Alternative Viewpoint: The 5 Scenarios Of Donald Trump

The rise of Trump has captivated all (contrast with the rise of Hillary which seemed a forgone conclusion from the word go, even when reality threatened to intervene). We're not alone however, in suspecting that The Donald, is not really the “anti-establishment” loose-canon candidate he is being made out to be. Trump could very well be playing a well defined role within the usual backdrop of manipulation of the masses and ensuring that any choice Americans face in November is purely illusory and ceremonial.

Forget Weather, Kenyan GDP Threatened By "Marauding Monkeys"

In developed countries (like America) with sophisticated capital markets, complex adaptive supply chains, and experienced PhD economists running the economy, it is the weather that is to blame when data disappoints and throws cold water on a status-quo-maintaining narrative. But in Kenya, there is a force far greater than Mother Nature when it comes to potentially destroying the economy... the vervet monkey!!

Do We Need The State?

The electorate of the industrial democracies broadly seem to accept the role of the State in every aspect of their lives, education, health & pensions being prime examples. This is largely unchallenged by modern press, media and politicians. No matter how great the failure in any aspect of our lives by the State criticism will usually focus on how it failed, rarely if ever will the vital question be asked "is this the role of the State?"

Former Trader Loses Hundreds Of Thousands Due To "Peer Pressure"

Peer pressure is an interesting thing - sometimes it can make you do foolish things that begin with you saying "here, hold my beer", and ends with a good laugh among your friends. Sometimes however, peer pressure can make you say things like "hey let me bet this spread", and ends in giving your ex-wife the very last asset you own.

Don't bet on the ignorant sheeplez to do anything...

What The IRS Just Revealed Should Start A Wave Of Outrage

Just imagine if this had been a Republican presidential administration these past seven years. The media would have been all over it like white on rice. However, for some very apparent reason, the liberal progressive media has dismissed or ignored scandals, faults, issues of deception, lies, abandonment of Americans to die, and tyrannical unconstitutional actions. Now the IRS has finally revealed its nefarious actions to us all – and it’s far worse than we thought.

How California's Primary Was Rigged Against Independent Voters

Rigging a primary can and does take many different forms. The most effective form of rigging actually takes place in subtle ways via long-exisiting Stalinist rules that normally don’t swing an election, but serve as an effective firewall against outsider candidates when they eventually do pose a threat. That way the establishment can claim “it’s always been this way,” as if that’s a justification for shadiness. This was the type of rigging we saw in New York, and the type we saw yesterday in California.

Hillary Clinton’s Emails Revealed Names of Undercover CIA Agents

from Washington’s Blog:
Former Secretary of State Hillary Clinton is in a legal pickle over her careless email practices – in that she appears to have endangered national security secrets including the identity of covert CIA officers and done so for selfish reasons (personal convenience or keeping her documents out of reach of transparency laws).
The facts of the case would seem to merit criminal charges against her, since Clinton’s situation is analogous to problems faced by other senior officials, including former CIA directors John Deutch and David Petraeus who were accused of mishandling classified information, Deutch by having secret material on his home computer and Petraeus for giving notebooks with highly sensitive information to his lover/biographer.
Read More

FEMA Warning, Power Will Be Out For Weeks After The Infrastructure Is Attacked

from X22Report:

US trying to push SOPA 2.0. FBI pushes new agenda to get track all browser history. Britain upgrading its nuclear arsenal. Obama does not want to discuss the missile shield with Putin. IS attacks on Ramadan proving once again that these paid mercenaries are not Muslim. US preparing armed forces to be dispatched anywhere at a moments notice. The IS is losing ground in Syria. Turkey gets hit with an attack and most likely will be blamed on Syria, Kurds or the IS. FEMA warns that when the power grid is hit the electric will be out for weeks. US closes airspace in the California area for testing of a GPS jamming device.

On Death And Taxes: “The Greed Of The Government Can Never Be Overstated”

by Jeremiah Johnson, SHTF Plan:
Readers, you’re awake to the horrors of the Federal Government, our rapidly-declining GDP and ever-increasing debts. Trillions of dollars have been stolen, in the form of appropriations and programs that funnel directly from the tax-base: the fat “cash-cow” that the government suckles from. The taxes are life-sustaining to the government juggernaut, managed by the ever self-serving “representatives” of Congress who approve pay raises for themselves, immunity from prosecution from (what was formerly) insider trading, and exonerate themselves from any and all ethics violations.
Taxes keep the government going, keep the system emplaced and you the citizen in your place, from birth to death. The website ivn.us reports the breakdown for the federal government’s feedings:
Read More

COLLAPSE to WIPE OUT Savings, 401ks, etc.

from FinanceAndLiberty:

How to Protect Yourself from This New “Global Epidemic”

by Doug Casey, Casey Research:
A new financial “epidemic” has begun… It’s not a stock market crash, an economic depression, or a currency crisis.
If you’ve been reading the Dispatch, you know those are very real threats. But what we’re talking about is even more dangerous. And it’s already happening today…
This threat could instantly wipe out your life savings. The CEO of tech giant IBM recently called it “the greatest threat to every profession, every industry, every company in the world.” It’s the FBI’s “worst nightmare.”
Regular readers know we’re talking about a cyber-attack on your bank account…one that could wipe out every penny of your savings.
Read More

Moving Closer to BREXIT

by Pater Tenebrarum, Acting Man:
Polls Show Growing Support for a Break with the EU
In the UK as elsewhere, the political elites may have underestimated the strength of the trend change in social mood across Europe. The most recent “You-Gov” and ICM pools show a widening lead in favor of a UK exit from the EU as the day of the vote comes closer.
To be sure, such polls can easily turn out to be wrong – especially as the percentage of undecided voters is still fairly large. Still, the current lead of the “leave” campaign is the greatest since 2013:
Read More

IMF Confirms Nightmare Scenario For Central Banks Is Now In Play

by The Doc, Silver Doctors:
The most important piece of news announced today was also, as usually happens, the most underreported: it had nothing to do with US jobs, with the Fed’s hiking intentions, with China, or even the ongoing “1998-style” carnage in emerging markets. Instead, it was the admission by ECB governing council member Ewald Nowotny that what we said about the ECB hitting a supply brick wall, was right. Specifically, earlier today Bloomberg quoted the Austrian central banker that the ECB asset-backed securities purchasing program “hasn’t been as successful as we’d hoped.“
Why? “It’s simply because they are running out. There are simply too few of these structured products out there.”
Read More

Here’s How China’s Silver Revenge Strategy Has Unfolded [Part 2]

from The Wealth Watchman:

Greetings brothers, it’s good to be back! This week we take a second look at China’s silver revenge strategy. We delve into great detail about:
Why China had to wait until gold was cornered first, before dealing with silver…
Why Silver is a two-edged sword that could as easily damage China, as China’s foes, if not wielded carefully…
Why China has also personally been involved in rigging silver, and what that has gained them….
What the first amazing step was in China’s recent silver plans, and how it has changed the world forever…
How China’s state mints have cautiously prepared to compete with the West’s major mints, at the flip of a switch…
The extraordinary “tell” in the new 2016 Silver Panda that nearly no one’s talking about…
How China neutralized London and New York’s most deadly mechanisms for gold and silver control!
How China has amassed large silver stockpiles on the sly,likely using one of the worst market rigging banks to do so..
And lastly, we review a tragic, harrowing story that highlights who the Chinese are, and why they desire revenge.

THE UPCOMING, HISTORIC SILVER SHORTAGE

It’s becoming nearly impossible to cover such gargantuan, undeliverable positions without causing prices to explode.
by Andy Hoffman, Miles Franklin:
It’s early Wednesday, and I’m all fired up (just wait until I tape my weekly Kerry Lutz podcast an hour from now); as, per the title of the most passionate, vehement Audioblog of the 149 I have taped, May 18^th’s “FOMC Minutes Attack” has, in just three weeks time, miserably failed.  As not only have gold, silver, and platinum already recouped more than half of their blatantly Cartel-orchestrated “losses,” but the COMEX “commercials” (i.e, the Cartel) barely covered any of their all time high naked short positions, even if they started to, LOL, try.
Read More

False Flag coming?

Casting call: Actors needed Sunday for simulated terror attack on Boston’s Fenway Park stadium

A $85,000 federal grant will foot a majority of the bill
by Shepard Ambellas, Intellihub:
Boston Police and federal agents will use crisis actors to simulate a realistic scenario that depicts a terror attack at Fenway Park on Sunday, to serve as a training session encase the real deal were to really happen.
The ballpark, which is over 100-years-old, will be the proving grounds for the simulated “active shooter” drill, that law enforcement officials say has nothing to do with a current threat or any known future threat.
Additionally law enforcement officials have put out a casting call in an effort to attract actual Red Sox fans to participate.
Read More @ Intellihub.com

Gold Bullion, Texas Is Taking on a New Battle…Against the Entire Financial System

by Rodney Johnson, Market Oracle:
200 men against 1,500 enemy troops.
They were never going to win. They fought anyway. Everyone died. It’s a story that most Americans are vaguely aware of, but the tale of the Alamo is seared into the heart of every Texan.
In losing the battle in such heroic fashion, the defenders rallied others to the cause, helping the Tejanos defeat the Mexican army in 1836. Like that, the country of Texas was born. Nine years later, the young nation joined the United States and became the only state to join the union by treaty.
These few facts provide a sense of how many Texans (including my wife) view the world. Defend the home. Defend the community. Stick together.
Read More

/