Have to keep the Sheeplez scared...
"Wrong Way Gartman"
Interesting news this week as Belgium-based Optima Bank has been shut
down by both the National Bank of Belgium (which also acts as the
Belgian regulating body) as well as the ECB. According to the national
supervisor, the bank would have been unable to meet its commitments to
its clients and was forced to cease all banking activities after some
potentially fraudulent transaction were unveiled.It’s surprising to see the main media have tried to keep this silent as even the website of the National Bank of Belgium didn’t bother to issue the press release in English (whereas all other press releases on the home page can be read in English). There’s no statement from the ECB either, nor has this news been translated on the English version of website of the state-owned national television station.
The situation is so bad the regulator has already immediately tasked the special fund organizing the Deposit Guarantee Scheme to start paying out the clients of the bank, even though Optima Bank hasn’t filed a bankruptcy procedure just yet. The urgency of the need to pay the clients does indicate the situation is extremely bad and even though it’s a very small one (it had closed the savings accounts division last year), there are two more important things you need to keep in mind.
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by Deena Stryker, New Eastern Outlook:
For decades, the carefully scripted Anglo-Saxon world has been gloating
at the sight of lesser polities’ perpetual political turmoil: whether
it be European — France’s successive ‘Republics’ – currently the Fifth —
or the escapades of Italy’s media tycoon turned politician – or Latin
America’s succession of what Fidel Castro called ‘politicheros’ – or
Africa’s long-term dictators – the US has always been above such
confusion, our two parties participating in regularly-scheduled two and
four-year election cycles.
Hence surprise and incomprehension among both actors and commentators, as the Republican Party finds itself saddled with a candidate chosen by a rambunctious people rather than party hacks, while the Democrats are unable to see that Hillary’s coronation comes eight years too late: Democratic youth have finally discovered socialism, and are unlikely to vote for Hillary because she has not.
Read More
For decades, the carefully scripted Anglo-Saxon world has been gloating
at the sight of lesser polities’ perpetual political turmoil: whether
it be European — France’s successive ‘Republics’ – currently the Fifth —
or the escapades of Italy’s media tycoon turned politician – or Latin
America’s succession of what Fidel Castro called ‘politicheros’ – or
Africa’s long-term dictators – the US has always been above such
confusion, our two parties participating in regularly-scheduled two and
four-year election cycles.Hence surprise and incomprehension among both actors and commentators, as the Republican Party finds itself saddled with a candidate chosen by a rambunctious people rather than party hacks, while the Democrats are unable to see that Hillary’s coronation comes eight years too late: Democratic youth have finally discovered socialism, and are unlikely to vote for Hillary because she has not.
Read More
by Charles Hugh Smith, Of Two Minds:
Cryptocurrencies have a role that could increase as global currencies are devalued.
When an asset rises by almost 30% in a few weeks, it tends to attract attention. Recently, that asset was bitcoin (BTC). The price of BTC in dollars rose from $454 on May 23 to $590 on June 6th. (NOTE: BTC has since jumped by $70, from $580 to $650.)
When an asset doubles in a matter of a few months, it tends to attract attention. The cryptocurrency Ether (part of the Ethereum platform) doubled from around $7 in April to roughly $14 in early June.
Are these cryptocurrencies mere fads? Or are they potentially game-changing alternatives to the conventional currencies such as the U.S. dollar, Chinese RMB, Japanese yen or European Union euro?
Read More
Cryptocurrencies have a role that could increase as global currencies are devalued.When an asset rises by almost 30% in a few weeks, it tends to attract attention. Recently, that asset was bitcoin (BTC). The price of BTC in dollars rose from $454 on May 23 to $590 on June 6th. (NOTE: BTC has since jumped by $70, from $580 to $650.)
When an asset doubles in a matter of a few months, it tends to attract attention. The cryptocurrency Ether (part of the Ethereum platform) doubled from around $7 in April to roughly $14 in early June.
Are these cryptocurrencies mere fads? Or are they potentially game-changing alternatives to the conventional currencies such as the U.S. dollar, Chinese RMB, Japanese yen or European Union euro?
Read More
from Antonius Aquinas:
Executive orders, undeclared wars, drone hits, assassination of
citizens and non-citizens alike, the overthrow of foreign regimes,
domestic spying, the abetting of known criminal activities through
pardons, economic planning, opening borders, monetary manipulations are
just some of the nefarious activities that routinely emanate from the
most dangerous political office that the world has ever painfully come
to know – the United States Presidency!
The U.S. presidents can and have created a veritable “hell on earth” for their opponents, perceived enemies, and the innocent not only in the country in which they reign, but over the lives and fortunes of peoples and places where they have absolutely no authority to interfere. While other chiefs of state have theoretically had such power, U.S. presidents have been able to inflict their destruction and chaos because, paradoxically, the nation’s free-market system, for a long time, created immense wealth which could be tapped into.
Read More
Executive orders, undeclared wars, drone hits, assassination of
citizens and non-citizens alike, the overthrow of foreign regimes,
domestic spying, the abetting of known criminal activities through
pardons, economic planning, opening borders, monetary manipulations are
just some of the nefarious activities that routinely emanate from the
most dangerous political office that the world has ever painfully come
to know – the United States Presidency!The U.S. presidents can and have created a veritable “hell on earth” for their opponents, perceived enemies, and the innocent not only in the country in which they reign, but over the lives and fortunes of peoples and places where they have absolutely no authority to interfere. While other chiefs of state have theoretically had such power, U.S. presidents have been able to inflict their destruction and chaos because, paradoxically, the nation’s free-market system, for a long time, created immense wealth which could be tapped into.
Read More
by Dave Kranzler, Investment Research Dynamics:
The short answer: No. A commonly discussed conspiracy theory is the
military tensions between the U.S. and Russia/China is part of a Kabuki
Theatre show being played where the “truth” is that all three nations
are cooperating to implement an NWO plan.
On the surface, this idea is silly. Upon further examination – including an in-depth discussion with the Shadow of Truth’s man in Beijing – Jeff Brown (China Rising website) – it can be concluded that the theory is outrageously absurd.
China, together with Russia, has in fact been patiently building out the foundations of commerce, finance, trade and geopolitical cooperation for several years. This is despite the United States’ NATO’s best efforts to derail the “new world order” being fashioned in the eastern hemisphere. It’s a systematic effort to dismantle U.S. military hegemony and remove the petro-dollar as the global reserve currency.
Read More
The short answer: No. A commonly discussed conspiracy theory is the
military tensions between the U.S. and Russia/China is part of a Kabuki
Theatre show being played where the “truth” is that all three nations
are cooperating to implement an NWO plan.On the surface, this idea is silly. Upon further examination – including an in-depth discussion with the Shadow of Truth’s man in Beijing – Jeff Brown (China Rising website) – it can be concluded that the theory is outrageously absurd.
China, together with Russia, has in fact been patiently building out the foundations of commerce, finance, trade and geopolitical cooperation for several years. This is despite the United States’ NATO’s best efforts to derail the “new world order” being fashioned in the eastern hemisphere. It’s a systematic effort to dismantle U.S. military hegemony and remove the petro-dollar as the global reserve currency.
Read More
from Prepper Recon:
Bob Griswold of Ready Made Resources is on the show today for Part 2
or our interview. We discuss basic hurricane preparedness and the
dangers of normalcy bias.
by Michael Snyder, End Of The American Dream:
Why do so many of our young people instantly break down in tears the
moment anything seriously offends them? Have we raised an entire
generation that has been so coddled and that is so spineless that it is
completely incapable of dealing with the harsh realities of the modern
world? At colleges and universities all over America, students are now
demanding “safe spaces” where anything and everything that could
possibly make them feel “uncomfortable” is banned. And “trigger
warnings” are being placed on some of our great literary classics
because they might cause some students to feel “unsafe” because they may
be reminded of a past trauma. In this day and age, our overly coddled
young people have come to expect that they should be automatically
shielded from anything that could remotely be considered harmful or
offensive, and as a result we now have an entire generation that is
completely lacking in toughness. That may be fine as long as you can
depend on Mom and Dad, but how in the world are these young men and
women going to handle the difficult challenges that come with living in
the real world?
Read More
Why do so many of our young people instantly break down in tears the
moment anything seriously offends them? Have we raised an entire
generation that has been so coddled and that is so spineless that it is
completely incapable of dealing with the harsh realities of the modern
world? At colleges and universities all over America, students are now
demanding “safe spaces” where anything and everything that could
possibly make them feel “uncomfortable” is banned. And “trigger
warnings” are being placed on some of our great literary classics
because they might cause some students to feel “unsafe” because they may
be reminded of a past trauma. In this day and age, our overly coddled
young people have come to expect that they should be automatically
shielded from anything that could remotely be considered harmful or
offensive, and as a result we now have an entire generation that is
completely lacking in toughness. That may be fine as long as you can
depend on Mom and Dad, but how in the world are these young men and
women going to handle the difficult challenges that come with living in
the real world?Read More
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