Fed's Mester Says Helicopter Money "The Next Step" In US Monetary Policy...

"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.

Martin Armstrong Warns Euro on the Brink of Disaster, Monetary Reset As Early As 2018!

by Martin Armstrong, Silver Doctors:
The euro CANNOT SURVIVE.
By the time this mess comes unraveled, we will see the world completely change. We are probably looking at a major world monetary reform come as early as 2018. The speed with which this is unfolding is rather incredible…
We are looking at the collapse of Europe unfold much faster than anyone suspected. I have been warning that the Continental EU banks are in serious trouble. The negative interest rates have devastated Europe. While trying to stimulate borrowers who are not interested without an opportunity to make money, the ECB has wiped out savers, pensions, and sent cash into hiding contracting the European economy – not stimulating it. I have also warned that it is the EURO which is in serious trouble and that BREXIT was the only way to save Britain from being dragged down under as the Euro sinks.
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South China Sea Tensions Surge After Taiwan Deploys Frigate, China Warns Of "Air Defense Zone"

Overnight tensions surrounding the disputed South China Sea territory soared when Taiwan, which shares territorial claims with China in the disputed area, sent a naval frigate to patrol the disputed waterway Wednesday, to show the government’s “determination" to defend its national interest. Taiwan’s  decision has put the country at odds with its chief security protector, the U.S., which has called on China to abide by the ruling.

Post-Payrolls Panic-Bid Continues (In Bonds & Stocks)

Dow futures are now up 450 points from the pre-payrolls levels as the pre-open ramp takes hold once again... But today is different as bonds are rallying too...

Paul Craig Roberts — Vladimir Putin Is The Only Leader The West Has

by Paul Craig Roberts, Paul Craig Roberts:
A Reuters news report under the names of presstitutes Robin Emmott and Sabine Siebold shows how devoid the West is of honest, intelligent and responsible journalists and government officials. http://uk.reuters.com/article/uk-nato-summit-idUKKCN0ZN2NN
First we will examine the dishonesty or incompetence of the reporters and then that of Western government officials.
Emmott and Siebold describe NATO as a “Western defense alliance.” Since the Clinton regime NATO has been an alliance for waging offensive war, a war crime under the Nuremberg rules established by the United States. Under the NATO banner a number of countries have been bombed, invaded, and had their governments overthrown by Washington acting under the cover of NATO.
These destroyed countries posed no threat whatsoever to the countries of the NATO alliance and undertook no aggressive actions against NATO members. How is it possible that Reuters’ reporters and editors are not aware of this? Why do they call an instrument of Washington’s aggression a “defense alliance”?
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The Truth About the Great Depression That All Mainstream Economists Ignore

by Phoenix Capital... - Jul 12, 2016 6:46 PM

What if the Fed actually DID print its brains out during the Great Depression? And what if it ALSO created a stock market bubble?

Egypt Slams Obama: Don’t Tell Us Not To Kill Our Own People When Your Own Cops Do It

“Obama, who came to Cairo in 2009 to give us a long lecture on human rights, might have forgotten that it is America that needs radical reform.”

Import Price Spike Fades In June As China Exports Most Deflation In 6 Years

Following May's 1.4% MoM spike - the most since 2011 - June's import prices rose just 0.2% MoM, less than half expectations. Import prices actually declined ex-petroleum. However, this is the 23rd month in a row of year-over-year import price declines with China's exported deflation at 2010 lows.

Donald Trump Rips Ginsburg: "Her Mind Is Shot, She Should Resign" As NYT Says Trump Is Right

Following two days of inexplicable attacks by none other than a Supreme Court Justice, who said she would move to New Zealand if Trump were elected, as well as calling Trump "a faker", the Donald finally snapped and ripped Supreme Court Justice Ruth Bader Ginsburg in a Twitter message late Tuesday. "Justice Ginsburg of the U.S. Supreme Court has embarrassed all by making very dumb political statements about me," Trump wrote on his Twitter account. “Her mind is shot — resign."

Gundlach Gets More Bearish, Says "Big Money" To Be Made On The "Short Side"

As we noted yesterday, in his latest webcast to DoubleLine investors, Jeff Gundlach confirmed the key points from his weekend Barrons which summarized his outlook that "things will get worse in the future, not better." But while Gundlach's skeptical bent has been well-known, we also learned that Gundlach has been actively adding to shorts as the market breaks out to new record highs. Cited by Reuters, the new bond king said that there is "big money" to be made on the "short side."

Global Stocks, Futures Rise On Disappointing Chinese Trade Data, Hopes For More Central Bank Intervention

In an otherwise quiet overnight session, which among other things saw Germany sell 10Y Bunds with a zero coupon and a negative yield (-0.05%) for the first time ever (despite being uncovered with just €4.038BN sold below the €5.00BN target) anyone hoping for a confirmation that China will be able to prop up the world economy once more, was left disappointed when earlier this morning China reported June exports and imports that once again dropped substantially in dollar terms as soft demand at home and abroad continued to weigh on the world’s largest trading nation.

UK Parliamentary Report Finds US Allies Are Covertly Funding ISIS

A British parliamentary report released on Tuesday has concluded there is “historical evidence” the Islamic State (IS) group received funding from within Arab Gulf states.

UK Fund Managers Start Dumping Properties, Admit "Real Estate Needed Re-Pricing"

The uncomfortable moment of truth has arrived for property funds in the UK (and their investors). Following the initial tumble of the post-Brexit dominoes - eight major funds so far either gating redemptions or forcing massive haircuts on to investors who want out - contagion concerns even woke up Britain's regulators (and central bank) as fears of Bear-Stearns-esque forced liquidations spread; and now, as The FT reports, that is what has just started.

Islamization Of France: Stabbing Policemen, "Slut-Shaming" & New Death Threats

Islamization is gaining ground in the Muslim community of France. For a long time, this trend remained restricted to the cultural sphere and created strong controversies between Islamists and secular intellectuals (such as the ban on face-covering veils in schools and public places). But the debate stopped being a debate. Sometimes Islamic intolerance takes on the appearance of a civil war. The violence, which was mostly concentrated in the suburbs prior to the January 2015 terrorist attack on the satirical magazine, Charlie Hebdo, is spreading now to the heart of French cities. Murders, assaults, death threats and "slut-shaming" happens almost every day here and there.

Germany Is About To Sell Zero-Coupon 10 Year Bonds For The First Time Ever

On Wednesday morning Germany will sell 10-year bonds with a zero coupon for the first time, as a rally in fixed-income securities pushes investors to forgo annual interest payments in order to hold the safest assets. The nation is selling €5 billion of zero percent bonds due in August 2026 on Wednesday, after yields in the secondary market dropped to an all-time low of minus 0.205% last week.

An Ordained African-American Minister Asks "What If Whites Strike Back?"

America has figuratively bent over backward to assuage its perceived guilt but for many blacks that is not good enough. They accuse and self-alienate but do nothing to incorporate the greatness of America into their lives. How much longer will America allow blacks to vilify those who have done them no harm – even as blacks attack, terrorize, and condemn those who truly do just want to get along?

CHINA ORDERS MILITARY TO “PREPARE FOR COMBAT” (with United States) Over Hague Ruling on South China Sea

from SuperStation95:
Chinese president Xi Jinping has ordered the People’s Liberation Army to prepare for combat. This comes after an international tribunal on Tuesday issued an unfavorable ruling against China’s claims over the South China Sea. U.S.-based Boxun News said Tuesday that the instruction was given in case the United States takes provocative action in the waters once the ruling is made.
The U.S. and China have been expanding their military activities across the sea, stoking heavy tension between the two superpowers.
China controls roughly 90 percent of the South China Sea, a critical waterway that handles some five trillion U.S. dollars worth of trade every year.
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JUBILEE DISASTERS ARE SINKING EUROPE FAST AS ITALY UNRAVELS AND DEUTSCHE BANK COLLAPSES

by Jeff Berwick, The Dollar Vigilante:
There is much going on in Europe and most of it very bad. When we add what’s going on in Europe to what’s happening in Britain, the US and China, we end up with a comprehensive portrait of a world plunging off a precipice.
Of course if you’ve been visiting us regularly, you’re quite aware of the disasters of 2016. They are a continuation of 2015. We’ve been warning about it tirelessly for over a year now.
I first realized what was on the way when I began researching Shemitah. There was a pattern of crashes and panics associated with Shemitah years going back for decades. And the same thing has occurred with Jubilee. We’re more than halfway through Jubilee 2016 now and anyone with eyes to see can tell that this is an unusually chaotic and volatile year – just as we predicted.
In this article, we’ll focus on Europe’s challenges – and disasters. A lot of the unraveling is being triggered by problems in Italy and Germany.
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How the Dallas Shootings Serve the Elite’s Race Wars and Police State Agenda

from Vigilant Citizen:
A “lone sniper” killed 5 police officers while injuring 11 others amidst a protest against police killings. This violent event occurred at a strategic time and perfectly serves the elite’s race war agenda. Was Micah Johnson a patsy of the elite?
The violent deaths of two Black men at the hand of police has prompted, once again, nationwide protest against police killings, especially within the Black community. The fact that the deaths of Alton Sterling and Philando Castile were recorded on film only accentuated the outrage throughout the U.S. as viewers witnessed the graphic and sickening sight of murder. The videos also prevented police from providing an “official”, whitewashed account of the events.
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How Monsanto Invaded, Occupied and Now CONTROLS Government Regulators

by Ethan A. Huff, Natural News:
If you’ve ever wondered why corporations seem to hold so much sway over our government, look no further than who’s making all the decisions in Washington – and more importantly, where many of these people worked before being handed comfy, high-level positions at top government agencies.
You might be surprised at the number of senior advisors, chiefs of staff, judges, commissioners and others employed at agencies like the Department of Justice (DoJ), the Food and Drug Administration (FDA) and the Environmental Protection Agency (EPA) who all have one thing in common: they used to hold executive-level positions at multinational corporations like Monsanto.
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NATO: Lying All the Way to Barbarossa

by Tony Cartalucci, New Eastern Outlook:
Despite claims made during NATO Summit Warsaw 2016, that “NATO remains a fundamental source of security for our people, and stability for the wider world,” it is clear that the threats and challenges NATO poses as existing to confront are in fact threats of its own, intentional creation and continued perpetuation.
From the ongoing refugee crisis triggered by NATO’s own global-spanning and ongoing military interventions, invasions, and occupations, to its continued expansion along Russia’s borders – violating every convention and “norm” that existed during the Cold War to keep it “cold,” NATO has proven that it is to the populations it poses as protector over, in fact, their greatest threat.
In particular, the summit in Warsaw, Poland centered on NATO’s expanding military presence along Russia’s borders, particularly in the Baltic nations of Estonia, Latvia, and Lithuania, as well as in Poland itself.
The summit also covered ongoing NATO involvement in Afghanistan and Iraq, two nations so far beyond the Atlantic states the alliance allegedly was founded to protect, it would be comical if the consequences of their far-reaching meddling weren’t so serious.
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