from Inquisitr:
China has issued a stark warning to the United States that World War 3 is “inevitable” if the U.S continues to meddle in the activities of the emerging superpower.
The Daily Express reports that in a new military white paper published today, China has stated its intention to concentrate less on its defensive capabilities and to increase its focus on its offensive capabilities.
Beijing highlighted the reasons for its tactical switch because of a “grave and complex array of security threats.”
Read More @ Inquisitr.com
China has issued a stark warning to the United States that World War 3 is “inevitable” if the U.S continues to meddle in the activities of the emerging superpower.
The Daily Express reports that in a new military white paper published today, China has stated its intention to concentrate less on its defensive capabilities and to increase its focus on its offensive capabilities.
Beijing highlighted the reasons for its tactical switch because of a “grave and complex array of security threats.”
Read More @ Inquisitr.com
China Deploys Artillery On "Sand Castles" In South China Sea
Submitted by Tyler Durden on 05/29/2015 - 09:30 "U.S. surveillance imagery shows China has positioned weaponry on one of the artificial islands it is developing in the South China Sea," WSJ reports. US Defense Secretary says the US will "fly, sail, and operate" wherever it wants.
by Peter Symonds, Global Research:
In the lead-up to this weekend’s Shangri-La Dialogue in Singapore, US Defence Secretary Ashton Carter yesterday bluntly declared that the US would continue its military provocations against China in the South China Sea.
The Pentagon deliberately inflamed tensions with Beijing last week by allowing a CNN news crew to fly on board a navy reconnaissance flight near Chinese-controlled atolls. The CNN report was designed to put a spotlight on China’s land reclamation activities. It also featured the warnings of Chinese authorities as the aircraft approached what China regards as its territory.
China issued a formal protest to the US on Monday. Its spokesperson condemned American actions as “utterly dangerous and irresponsible” and “highly likely to cause miscalculation and untoward incidents in the waters and airspace.”
Read More @ GlobalResearch.ca
In the lead-up to this weekend’s Shangri-La Dialogue in Singapore, US Defence Secretary Ashton Carter yesterday bluntly declared that the US would continue its military provocations against China in the South China Sea.
The Pentagon deliberately inflamed tensions with Beijing last week by allowing a CNN news crew to fly on board a navy reconnaissance flight near Chinese-controlled atolls. The CNN report was designed to put a spotlight on China’s land reclamation activities. It also featured the warnings of Chinese authorities as the aircraft approached what China regards as its territory.
China issued a formal protest to the US on Monday. Its spokesperson condemned American actions as “utterly dangerous and irresponsible” and “highly likely to cause miscalculation and untoward incidents in the waters and airspace.”
Read More @ GlobalResearch.ca
US-Trained Special Forces Chief Joins ISIS, Vows To Bring Jihad To Russia & America
Submitted by Tyler Durden on 05/29/2015 - 13:55 Meet Gulmurod Khalimov, the US-trained and funded former commander of Tajikistan's special forces, who, as Reuters reports, has now gone to Syria to fight with ISIS. He has a message: "Listen, you American pigs, I’ve been three times to America, and I saw how you train fighters to kill Muslims...God willing, I will come with this weapon to your cities, your homes, and we will kill you." The big question is - was he 'recorded' as a moderate when America considered funding and training his elite special forces unit?Margin Debt Breaks Out: Hits New Record 50% Higher Than Last Bubble Peak
Submitted by Tyler Durden on 05/29/2015 - 13:52 For those who still cling on to margin debt as indicative of anything, the latest NYSE report should provide some comfort: finally the long-awaited breakout in participation has arrived, and after stagnating for over a year, investors - mostly retail - are once again scrambling to buy stocks on margin, i.e., using debt, and as of April 30, the amount of margin debt just hit a new all time high of $507 billion, $30 billion more than the month before, and nearly 50% higher than the last bubble peak reached in October 2007.
by Bill Holter, Miles Franklin:
Jim has asked me to review “G.O.T.S.” (Get Out of The System) with you and comment on it. From a timing standpoint, I can tell you he is as adamant as I’ve ever seen, now, RIGHT NOW you must exit the system! You will not be afforded the opportunity if you are even one second too late!
Dear CIGAs,
For your convenience, here is the GOTS check list.
1. Your equities are held in certificate form or direct registration
2. You have no Federal sponsored retirement funds such as 401K etc.
3. You have no CDs and investments in bonds.
4. You have modest money deposited among selected BRICs countries or BRIC protectorates like Singapore
5. You store your own precious metals.
6. You have no mortgage obligations.
7. You keep cash on hand for 6 months expenses. That is cash, not plastic with credit open
8. You have no consumer debt at all. Pay it down or off.
9. You have a small hobby farm for protein and veggies outside of where you are living with no mortgage debt, set up green.
10. You have a gas, diesel or electric car with high fuel mileage for the farm.
11. You have a generator with large fuel capacity for the farm.
Read More @ MilesFranklin.com
Jim has asked me to review “G.O.T.S.” (Get Out of The System) with you and comment on it. From a timing standpoint, I can tell you he is as adamant as I’ve ever seen, now, RIGHT NOW you must exit the system! You will not be afforded the opportunity if you are even one second too late!
Dear CIGAs,
For your convenience, here is the GOTS check list.
1. Your equities are held in certificate form or direct registration
2. You have no Federal sponsored retirement funds such as 401K etc.
3. You have no CDs and investments in bonds.
4. You have modest money deposited among selected BRICs countries or BRIC protectorates like Singapore
5. You store your own precious metals.
6. You have no mortgage obligations.
7. You keep cash on hand for 6 months expenses. That is cash, not plastic with credit open
8. You have no consumer debt at all. Pay it down or off.
9. You have a small hobby farm for protein and veggies outside of where you are living with no mortgage debt, set up green.
10. You have a gas, diesel or electric car with high fuel mileage for the farm.
11. You have a generator with large fuel capacity for the farm.
Read More @ MilesFranklin.com
from KingWorldNews:
Dr. Paul Craig Roberts: “The United States is declining very rapidly, and when the match is lit the thing is going to go up in an inferno because there are just too many unsupportable values in bonds, stocks, currencies, and in political credibility….
“If we officially get a recession, is that a black swan? If the Fed responds by saying, ‘Oh, thank God, now we can print even more money because we’ve got another recession,’ can they continue to suppress the gold and silver prices with naked short selling, with another outpouring of paper fiat money? I doubt it.
Dr. Paul Craig Roberts Continues @ KingWorldNews.com
Dr. Paul Craig Roberts: “The United States is declining very rapidly, and when the match is lit the thing is going to go up in an inferno because there are just too many unsupportable values in bonds, stocks, currencies, and in political credibility….
“If we officially get a recession, is that a black swan? If the Fed responds by saying, ‘Oh, thank God, now we can print even more money because we’ve got another recession,’ can they continue to suppress the gold and silver prices with naked short selling, with another outpouring of paper fiat money? I doubt it.
Dr. Paul Craig Roberts Continues @ KingWorldNews.com
from Gold Core:
The debt burden – particularly in “developed” countries – along with ageing populations pose a risk to the economies of those countries, Goldman Sachs has warned. Andrew Wilson, Goldman Sachs Asset Management’s chief executive in Europe said, “There is too much debt and this represents a risk to economies. Consequently, there is a clear need to generate growth to work that debt off but, as demographics change, new ways of thinking at a policy level are required to do this.”
Japan, as an example of a major economy, now has a government debt-to-GDP ratio of over 200%, which Wilson says is “not sustainable over the long term.” Other countries with very high debt loads include the U.S., most of Europe and Brazil.
Read More @ GoldCore.com
The debt burden – particularly in “developed” countries – along with ageing populations pose a risk to the economies of those countries, Goldman Sachs has warned. Andrew Wilson, Goldman Sachs Asset Management’s chief executive in Europe said, “There is too much debt and this represents a risk to economies. Consequently, there is a clear need to generate growth to work that debt off but, as demographics change, new ways of thinking at a policy level are required to do this.”
Japan, as an example of a major economy, now has a government debt-to-GDP ratio of over 200%, which Wilson says is “not sustainable over the long term.” Other countries with very high debt loads include the U.S., most of Europe and Brazil.
Read More @ GoldCore.com
from Japan Times:
Bill and Hillary Clinton “earned” — can a mortal earn such stratospheric sums? — “at least $30 million over the last 16 months, mainly from giving paid speeches to corporations, banks and other organizations,” The New York Times reports. “They have now earned more than $125 million on the [lecture] circuit since leaving the White House in 2001.”
This is an important issue. But the big story has little to with what actually matters.
Coverage of the Clintons’ spectacularly lucrative speaking career has focused on how it affects Hillary’s 2016 presidential campaign — specifically the political damage caused by the public’s growing perception that Hillary is out of touch with the common man and woman. It is a promising line of inquiry for her detractors (myself included).
Read More @ JapanTimes.com
Bill and Hillary Clinton “earned” — can a mortal earn such stratospheric sums? — “at least $30 million over the last 16 months, mainly from giving paid speeches to corporations, banks and other organizations,” The New York Times reports. “They have now earned more than $125 million on the [lecture] circuit since leaving the White House in 2001.”
This is an important issue. But the big story has little to with what actually matters.
Coverage of the Clintons’ spectacularly lucrative speaking career has focused on how it affects Hillary’s 2016 presidential campaign — specifically the political damage caused by the public’s growing perception that Hillary is out of touch with the common man and woman. It is a promising line of inquiry for her detractors (myself included).
Read More @ JapanTimes.com
from Ready Nutrition:
This piece is a request to all who have eyes and ears to report on potential Jade Helm military activity (Active Duty and National Guard Units) in their home states. Let’s start compiling data and sharing it across the board. Let’s be proactive and see if we can paint a “big picture,” so to speak. Any comments with descriptions, photos, or films would be great for starters.
We’re getting a lot accomplished with the comments section regarding information exchange. You guys and gals are the best. Seriously, there is so much in these comments; it’s akin to a gold mine of profound ideas and deep analysis. Let’s see what we can do here to make this article’s comments almost akin to a “bulletin board” with everything open for all of us to print and review.
Read More @ ReadyNutrition.com
This piece is a request to all who have eyes and ears to report on potential Jade Helm military activity (Active Duty and National Guard Units) in their home states. Let’s start compiling data and sharing it across the board. Let’s be proactive and see if we can paint a “big picture,” so to speak. Any comments with descriptions, photos, or films would be great for starters.
We’re getting a lot accomplished with the comments section regarding information exchange. You guys and gals are the best. Seriously, there is so much in these comments; it’s akin to a gold mine of profound ideas and deep analysis. Let’s see what we can do here to make this article’s comments almost akin to a “bulletin board” with everything open for all of us to print and review.
Read More @ ReadyNutrition.com
Did you really think that Baltimore would return to normal after everything that has happened? On Thursday, a mother and her 7-year-old son were both shot in the head in a double murder that has shocked the entire nation. Police believe that the son may have been shot in order to prevent him from identifying the individual that shot his mother. So is this what America is turning into? A place where 7-year-old kids are executed in cold blood? That mother and son were the 37th and 38th murder victims in the city of Baltimore so far this month. That makes this the deadliest month in Baltimore in 15 years, but because of all the controversy surrounding the death of Freddie Gray, police in Baltimore are afraid to do their jobs at this point. In some areas of the city, young men boldly smoke weed in public and wave guns around at innocent bystanders without any worry that police will intervene. Baltimore has descended into a state of lawlessness, and this is just the beginning. As I discussed just the other day, the same kind of lawlessness will soon sweep all across this country.
Read More…
"Welcome To The Contraction": Q1 GDP Drops By 0.7%, Corporate Profits Crash
Submitted by Tyler Durden on 05/29/2015 - 08:47 And you thought the preliminary 0.2% Q1 GDP print from last month was bad. Moments ago, just as we warned, the BEA released its latest, first, revision of Q1 GDP (pre second-seasonal adjustments of course), and we just got confirmation that for the third time in the past four years, the US economy suffered a quarterly contraction, with the Q1 GDP revised drastically from a 0.2% growth to a drop of -0.7%: the worst print since snow struck, so very unexpectedly, last winter.De-Dollarization Du Jour: Russia Backs BRICS Alternative To SWIFT
Submitted by Tyler Durden on 05/29/2015 - 11:10 Russia is moving to undercut a critical financial communications link by creating an alternative system backed by the world's rising EM powerhouses who are set to officially launch their own development bank when they convene in July. At the same time, Moscow will consider cementing its economic ties with regional allies via the establishment of a currency bloc.from HighImpactFlix:
U.S. Households Under Pressure: Stagnant Incomes, Rising Basic Expenses
Submitted by Tyler Durden on 05/29/2015 - 10:52 How do you support a consumer economy with stagnant incomes for the bottom 90%, rising basic expenses and crashing employment for males ages 25-54? Answer: you don't.GDP Report Confirms Global Trade Is Crashing, And Why That Is Good News For Some
Submitted by Tyler Durden on 05/29/2015 - 10:21 We did not actually need confirmation that global trade is slowing to a crawl (and has in fact reversed): after all, we have been showing just that for the past year, most recently earlier this week but it is important to note that in today's negative GDP print, it was net trade (exports less imports) that subtracted -1.9% from the final GDP print, driven by a -1.03% annualized drop in exports. This was the biggest hit to US trade since the great financial crisis.Chicago PMI Bounce Is Dead, Crashes Back Near 6 Year Lows
Submitted by Tyler Durden on 05/29/2015 - 09:48 Following Milwaukee ISM's plunge to 15-month lows this morning with a plunge in new orders (missing for 4 of last 5 months), Chicago PMI printed a disappointing 46.2 (against expectations of a slight rise to 53.0 from 52.3 last month) - lower than the lowest economist estimate. After last month's modest (dead-cat) bounce back from winter's collapse to 6 year lows, this re-collapse is hardly the kind of Q2-recovery-reinforcing data the mainstream wants. With the level now back at the same when Lehman hit, New Orders, Production, and Employment all contracted in May.Greece Slides Back Into Recession As Deposits Hit 11-Year Low
Submitted by Tyler Durden on 05/29/2015 - 07:45 €5 billion in deposits flowed out of the fragile Greek banking system in April, underscoring the urgency of discussions between Athens and creditors. Meanwhile, data out of Eurostat officially confirms that the country is back in a recession.[Ed. Note: Language Alert]
from TruthNeverTold:
from Western Journalism:
Recent reports indicate federal bureaucrats are finalizing the details of a behemoth new Environmental Protection Agency mandate that would supersede property owners’ rights on any piece of land that contains any body of water – including a ditch that fills with rain water.
Heritage Foundation Agricultural Policy Research Fellow Daren Bakst explained the ramifications of the rule, which will update the Clean Water Act of 1972, in an interview with The Blaze.
Read More @ WesternJournalism.com
Recent reports indicate federal bureaucrats are finalizing the details of a behemoth new Environmental Protection Agency mandate that would supersede property owners’ rights on any piece of land that contains any body of water – including a ditch that fills with rain water.
Heritage Foundation Agricultural Policy Research Fellow Daren Bakst explained the ramifications of the rule, which will update the Clean Water Act of 1972, in an interview with The Blaze.
Read More @ WesternJournalism.com
from Wolf Street:
On Friday morning in Tokyo, the Nikkei stock index was up again, at 20,600, highest in 15 years. Since “Abenomics” has become a common word in December 2012, the Nikkei has soared 128% on a crummy economy, terrible government deficits, and an insurmountable mountain of government debt. This 10-day run of straight gains, or 11-day run if Friday plays out, is the longest glory streak since February 1988 when Japan was in one of the craziest bubbles the world had ever seen.
The subsequent series of crashes had the net effect that the Bank of Japan became engaged in propping up the stock market not only by pushing interest rates to zero and dousing the market with money via waves of QE, but also by buying equity ETFs and J-REITs.
Read More @ Wolfstreet.com
On Friday morning in Tokyo, the Nikkei stock index was up again, at 20,600, highest in 15 years. Since “Abenomics” has become a common word in December 2012, the Nikkei has soared 128% on a crummy economy, terrible government deficits, and an insurmountable mountain of government debt. This 10-day run of straight gains, or 11-day run if Friday plays out, is the longest glory streak since February 1988 when Japan was in one of the craziest bubbles the world had ever seen.
The subsequent series of crashes had the net effect that the Bank of Japan became engaged in propping up the stock market not only by pushing interest rates to zero and dousing the market with money via waves of QE, but also by buying equity ETFs and J-REITs.
Read More @ Wolfstreet.com
IRS Admits Refunding Billions On Fake Tax Returns
Submitted by Tyler Durden on 05/29/2015 - 13:15 Just hours after being force to admit that they were hacked (by Russians apparently), an inspector general's report shows that The IRS has rather remarkably continued to pay refunds on hundreds of thousands of fraudulent tax returns in recent years, and sent dozens of checks to the same addresses, including in Eastern Europe and elsewhere. While some progress has been made, $2.3 billion of real US taxpayer's money was wrongfully refunded to fake US taxpayers... but with this new cyber-attack, we suspect that number will soar.New York Investment Banker Jumps To His Death From Luxury Downtown Building
Submitted by Tyler Durden on 05/29/2015 - 12:13 Yesterday, New Yorkers walking by the Ocean Luxury Rental apartment building at 1 West St around 10:40am, were greeted with a gruesome sight: a 29-year-old man had just jumped to his death from the 24th floor. Today, we learn that the tragic incident was merely the latest banker suicide, when according to the NY Post the still unidentified jumper was the latest in a long series of investment bankers who have decided to take their own life.
Fast food giant loses 11 months straight
by Anthony Gucciardi, Natural Society:
Over the past year, I’ve shared with you the continued decline of America’s most popular fast food giant. We’ve talked about the mass closing of McDonald’s locations, the attempts by the company to trick customers into thinking that it was ‘going natural,’ and we’ve even talked about how some economists predict an ultimate demise.
And now, as people continue to choose real food instead of plastic-filled junk, McDonald’s has publicly declared an answer: it will completely stop telling us how much it loses in profits each month. Quite an amazing solution, huh? As Bloomberg reports in an article entitled “McDonald’s to Stop Reporting Monthly Same-Store Sales Data,” the move has come after 11 straight months of declining sales. Specifically, the fast food titan has even been forced to close more than 700 stores. Meanwhile, the sales of organic food continue to boom. It’s part of the new health paradigm that millions around the world continue to adapt — a system in which real, organic food reigns supreme.
Read More @ NaturalSociety.com
by Anthony Gucciardi, Natural Society:
Over the past year, I’ve shared with you the continued decline of America’s most popular fast food giant. We’ve talked about the mass closing of McDonald’s locations, the attempts by the company to trick customers into thinking that it was ‘going natural,’ and we’ve even talked about how some economists predict an ultimate demise.
And now, as people continue to choose real food instead of plastic-filled junk, McDonald’s has publicly declared an answer: it will completely stop telling us how much it loses in profits each month. Quite an amazing solution, huh? As Bloomberg reports in an article entitled “McDonald’s to Stop Reporting Monthly Same-Store Sales Data,” the move has come after 11 straight months of declining sales. Specifically, the fast food titan has even been forced to close more than 700 stores. Meanwhile, the sales of organic food continue to boom. It’s part of the new health paradigm that millions around the world continue to adapt — a system in which real, organic food reigns supreme.
Read More @ NaturalSociety.com
De-Dollarization Du Jour: Russia Backs BRICS Alternative To SWIFT
Submitted by Tyler Durden on 05/29/2015 - 11:10 Russia is moving to undercut a critical financial communications link by creating an alternative system backed by the world's rising EM powerhouses who are set to officially launch their own development bank when they convene in July. At the same time, Moscow will consider cementing its economic ties with regional allies via the establishment of a currency bloc.
by Mac Slavo, SHTFPlan:
The world is anticipating a new global reality with huge implications: China’s yuan is poised to get recognized as a global reserve currency.
In a sign of the times, the IMF has essentially rebuffed U.S. claims of currency manipulation, to instead affirm that China’s currency is “no longer undervalued” – essentially giving its approval for the inner circle what many have described as an incubating world currency.
The world is anticipating a new global reality with huge implications: China’s yuan is poised to get recognized as a global reserve currency.
In a sign of the times, the IMF has essentially rebuffed U.S. claims of currency manipulation, to instead affirm that China’s currency is “no longer undervalued” – essentially giving its approval for the inner circle what many have described as an incubating world currency.
China’s yuan currency, which Washington has long alleged was manipulated, is “no longer undervalued”, the International Monetary Fund said Tuesday.Read More @ SHTFPlan.com
The value of the yuan, also known as the renminbi, has been a source of tension for years, with China’s major trade partners — led by the United States — accusing Beijing of keeping it artificially low to give Chinese exporters an unfair competitive advantage, which Beijing denied.
by Ethan A. Huff, Natural News:
The amazing story of Chris Wark and his natural recovery from stage IIIC colon cancer serves as a powerful reminder of how proper diet, regular exercise and aggressive herbal (rather than chemical) therapies are still among the safest and most effective remedies for curing cancer. But Chris’ conscious rejection of chemotherapy and radiation treatments against the advice of his doctor also led him to realize another sobering truth: that the conventional cancer industry, which opposes all natural cancer treatment approaches, is nothing more than a corrupt, money-making racket.
A humble father of two, Chris was diagnosed with stage IIIC colon cancer back in December 2003. Doctors had discovered a golf ball-sized tumor in his large intestine, and the cancer had also spread to his lymph nodes. Chris underwent surgery for the tumor and was advised by his oncologist to undergo chemotherapy as well in order to rid the rest of his body of the cancer, to which he objected. Despite being called “insane” for his decision, Chris went the alternative route and the rest is history.
You can read Chris’ amazing story of recovery from stage IIIC colon cancer without chemotherapy or radiation here:
Read More @ NaturalNews.com
The amazing story of Chris Wark and his natural recovery from stage IIIC colon cancer serves as a powerful reminder of how proper diet, regular exercise and aggressive herbal (rather than chemical) therapies are still among the safest and most effective remedies for curing cancer. But Chris’ conscious rejection of chemotherapy and radiation treatments against the advice of his doctor also led him to realize another sobering truth: that the conventional cancer industry, which opposes all natural cancer treatment approaches, is nothing more than a corrupt, money-making racket.
A humble father of two, Chris was diagnosed with stage IIIC colon cancer back in December 2003. Doctors had discovered a golf ball-sized tumor in his large intestine, and the cancer had also spread to his lymph nodes. Chris underwent surgery for the tumor and was advised by his oncologist to undergo chemotherapy as well in order to rid the rest of his body of the cancer, to which he objected. Despite being called “insane” for his decision, Chris went the alternative route and the rest is history.
You can read Chris’ amazing story of recovery from stage IIIC colon cancer without chemotherapy or radiation here:
Read More @ NaturalNews.com
from Kingworldnews:
The world is topsy turvy. One branch of the State borrows money from another branch of the State and everyone cheers madly. Does this accounting fraud describe the Greek version of Peter paying Paul? No, it is the current policy du jour called quantitative easing (QE) of which our central bankers are now hopelessly addicted.
To pay for their government’s spending and deficits, central banks simultaneously printed money in massive amounts using different mechanisms to sterilize that money so it wouldn’t be inflationary. However, the rounds and rounds of quantitative easing have worked through asset prices rather than real investment and the resultant imbalances and expectations of unwinding the huge sums accumulated through bond purchases have caused a dramatic erosion of the credit quality of both consumer and governments.
John Embry Continues @ King World News
The world is topsy turvy. One branch of the State borrows money from another branch of the State and everyone cheers madly. Does this accounting fraud describe the Greek version of Peter paying Paul? No, it is the current policy du jour called quantitative easing (QE) of which our central bankers are now hopelessly addicted.
To pay for their government’s spending and deficits, central banks simultaneously printed money in massive amounts using different mechanisms to sterilize that money so it wouldn’t be inflationary. However, the rounds and rounds of quantitative easing have worked through asset prices rather than real investment and the resultant imbalances and expectations of unwinding the huge sums accumulated through bond purchases have caused a dramatic erosion of the credit quality of both consumer and governments.
John Embry Continues @ King World News
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