Submitted by Tyler Durden on 07/16/2015 - 20:05
Hyperinflation in the U.S. is coming sometime in the next 20 years or so, and this isn't a cry from a Chicken Little, but a conclusion that the analysis strongly suggests. It is possible hyperinflation could happen during the next few years, but that seems unlikely since it would require a series of major crises and political blunders – events unprecedented in the history of the United States. If this led to a corruption of Constitutional rights in the midst of an exaltation of the Executive Branch that resulted in loss of the rule of law, hyperinflation might result. It is much more probable that hyperinflation will be preceded by a long slow decline that will include a protracted period of high inflation, and that the crash of the dollar and hyperinflation will be the final tumble off a looming, steep cliff.
Weimar hyperinflation "When Money Dies" PDF file
So You Want To Be A Central Banker? Then Answer This Question
Do you see a bubble?
from Kingworldnews:
The
outcome for Greece could not have been worse, but it was totally
predictable as we discussed last week. The troika will now grab a major
part of Greece’s assets, and the banks will be controlled by the EU and
the ECB. There will also be massive austerity measures, which will
guarantee that Greece has no chance of surviving economically because it
will experience a vicious cycle of falling revenues, falling GDP and
higher deficits. This will also mean another huge decline in the
country’s standard of living.
Dominos Will Begin Falling Across The Globe
As history is written in the future, I believe that what has now happened to Greece will be seen as a reason for an implosion of the financial system that the world will experience in coming years. But just as the shot in Sarajevo in 1914 was not the real reason for World War I, Greece will not be the cause of the destruction of the world economy as we know it today. Regardless, starting in the autumn of 2015 we will see the dominoes beginning to fall around the world.
Egon von Greyerz Continues @ King World News
The
outcome for Greece could not have been worse, but it was totally
predictable as we discussed last week. The troika will now grab a major
part of Greece’s assets, and the banks will be controlled by the EU and
the ECB. There will also be massive austerity measures, which will
guarantee that Greece has no chance of surviving economically because it
will experience a vicious cycle of falling revenues, falling GDP and
higher deficits. This will also mean another huge decline in the
country’s standard of living.Dominos Will Begin Falling Across The Globe
As history is written in the future, I believe that what has now happened to Greece will be seen as a reason for an implosion of the financial system that the world will experience in coming years. But just as the shot in Sarajevo in 1914 was not the real reason for World War I, Greece will not be the cause of the destruction of the world economy as we know it today. Regardless, starting in the autumn of 2015 we will see the dominoes beginning to fall around the world.
Egon von Greyerz Continues @ King World News
Greece Is Just The Beginning: The 21st Century 'Enclosures' Have Begun
Submitted by Tyler Durden on 07/16/2015 - 22:30 Greece is only the beginning. Greeks driven out of their country by the collapsed economy, demise of the social welfare system, and extraordinary rate of unemployment will take their poverty to other EU countries. Members of the EU are not bound by national boundaries and can freely emigrate. Closing down the support system in Greece will drive Greeks into the support systems of other EU countries, which will be closed down in turn by the One Percent’s privatizations. The 21st century Enclosures have begun.
from Peter Schiff:
Fearing Greek Fallout, ECB Extends "Secret" Credit Lines To Balkans
Submitted by Tyler Durden on 07/16/2015 - 19:30 "The European Central Bank has introduced secret credit lines to Bulgaria and Romania as part of a broader effort to convince foreign regulators not to pull the plug on the local subsidiaries of Greek banks," FT reports.
Protesters were throwing fire bombs in the streets of Athens last
evening over harsh new austerity measures being imposed on Greece, where
banks and the stock market remain shuttered. One third of the stocks on
the Chinese stock market remain suspended from trading in an effort to
avert a crash. Bloomberg Business is reporting
that institutional investors are holding the highest levels of cash
since shortly after the Lehman Brothers collapse in 2008. And just
yesterday, America’s largest export market, Canada, slashed interest
rates as its central bank announced its economy had contracted in the
first two quarters of this year.The global landscape is beginning to look like the inevitable dystopian reality of a world ruled by the 1 percent.
Against this backdrop, Federal Reserve Chair Janet Yellen, with her incessant chatter about raising interest rates before the year is out to dampen the potential for an overheating economy in the U.S., is increasingly sounding like the weatherman who is forecasting sunshine and clear skies without bothering to pull back the drapes to see gale force winds, a torrential downpour and rowboats in the streets.
Read More @ WallStreetonParade.com
Deutsche Bank Stunner: An Inside Look At Former CEO's Role In Liborgate
Submitted by Tyler Durden on 07/16/2015 - 18:55 "Mr. Jain created an environment by the physical and functional restructuring of the business GFFX division in the year 2005, involving also a change in the seating order of the trading floor in London which he initiated in which conflicts of interest between traders and submitters arose or were strengthened. There is suspicion that Mr. Jain might have knowingly made incorrect statements in his IBOR related Interview with the Deutsche Bundesbank."by Jeff Nielson, Bullion Bulls:
Obviously, it is with a very heavy heart that I report that Greece’s
new/legitimate government has caved-in to months and months of maximum
political and economic pressure. While it is a sad ending(?), it is a
highly predictable one, as I wrote in my first commentary on this subject more than five months ago, Greece Says ‘No’ To Fake Bail-Outs:
…What now? Clearly Greece’s sane/honest
government and the traitor regimes of the EU are on a collision-course.
We’re already seen what that means, since it was the original reluctance
of Greece’s (former) government to participate in this Euro “bail-out”
fraud which prompted the One Bank to launch its economic terrorism at
that nation, and totally destroy its economy.
In fact, this is what we see the One Bank do with every government
which endeavours to stand-up to the crimes against humanity being
perpetrated by this crime syndicate, with the latest (and most-obvious)
victim being Russia. Thus, inevitably, we will see the One Bank
endeavour to either overthrow Greece’s new government (as it did in
Ukraine and Libya), or ‘merely’ destabilize and sabotage it in any/every
way possible (as with victims like Iran and Venezuela).
Read More @ Bullionbullscanada.com
Read More @ Bullionbullscanada.com
Who owns the most amount of land in the world?
from LaRouchePAC:
LaRouche
points directly to the British Monarchy, and Queen Elizabeth herself,
as being responsible for the economic butchery being imposed on Greece
today by her messengers, German Chancellor Angela Merkel and Finance
Minister Wolfgang Schaeuble.
“That’s what the Queen’s late-June visit to Germany was all about, including her personal conversations with Merkel,” LaRouche stated on Tuesday.
The July 13 Euro Summit statement on Greece is a reflection of the British Monarchy’s policy of intentional depopulation and genocide, not some plan to collect the debt, which is manifestly impossible to collect under the kinds of conditions now being imposed on Greece. The British Monarchy’s stated goal, LaRouche explained, is to reduce the world’s population down to one billion people or less. And the EU has, for the moment, used the British Monarchy’s power to make of Greece a bloody example to make sure that no nation or people attempt to break out of the Eurozone concentration camp.
Read More @ Larouchepac.com
LaRouche
points directly to the British Monarchy, and Queen Elizabeth herself,
as being responsible for the economic butchery being imposed on Greece
today by her messengers, German Chancellor Angela Merkel and Finance
Minister Wolfgang Schaeuble.“That’s what the Queen’s late-June visit to Germany was all about, including her personal conversations with Merkel,” LaRouche stated on Tuesday.
The July 13 Euro Summit statement on Greece is a reflection of the British Monarchy’s policy of intentional depopulation and genocide, not some plan to collect the debt, which is manifestly impossible to collect under the kinds of conditions now being imposed on Greece. The British Monarchy’s stated goal, LaRouche explained, is to reduce the world’s population down to one billion people or less. And the EU has, for the moment, used the British Monarchy’s power to make of Greece a bloody example to make sure that no nation or people attempt to break out of the Eurozone concentration camp.
Read More @ Larouchepac.com
from RonPaulLibertyReport:
Members of the American Psychological Association, including the person in charge of ethics, have been exposed colluding with the CIA to develop new methods of torture. What does it mean for us as a society when doctors put serving the state above healing patients?
Members of the American Psychological Association, including the person in charge of ethics, have been exposed colluding with the CIA to develop new methods of torture. What does it mean for us as a society when doctors put serving the state above healing patients?
One morning you'll wake to find your life will be changed for the worst...forever...
by SGT, SGT Report.com:
SGT Report welcomes fellow truth-teller and REAL NEWS pundit Dave from X22 Report for an in-depth conversation about the unprecedented 4-hour shut down of the New York Stock Exchange last week.
Dave and I agree that if the NYSE can shut down for half a day for no good reason, it proves that the END of our precarious financial system could come like a thief in the night – with NO warning at all.
We also focus on the real enemies of humanity – nope, not Osama, Al Qaeda or ISIS, but the Banksters and their friends who create and fund such organizations.
There’s a lot here to chew on, so grab an adult beverage, your favorite snack and kick back. X22 Report is here.
SGT Report welcomes fellow truth-teller and REAL NEWS pundit Dave from X22 Report for an in-depth conversation about the unprecedented 4-hour shut down of the New York Stock Exchange last week.
Dave and I agree that if the NYSE can shut down for half a day for no good reason, it proves that the END of our precarious financial system could come like a thief in the night – with NO warning at all.
We also focus on the real enemies of humanity – nope, not Osama, Al Qaeda or ISIS, but the Banksters and their friends who create and fund such organizations.
There’s a lot here to chew on, so grab an adult beverage, your favorite snack and kick back. X22 Report is here.
BofA Confused "Why People Would Wake Up One Morning And Decide To Panic"
Submitted by Tyler Durden on 07/16/2015 - 21:21 However, after seeing that QE has not caused inflation or triggered a dollar collapse in the last five years, it is not clear why people would wake up one morning and decide to panic."Safest Market In The World" China Opens Mixed As Margin Debt Drops To 4-Month Lows
Submitted by Tyler Durden on 07/16/2015 - 21:18 After a brief "don't fight the PBOC" three days of releveraging, China margin debt declined once again to 4-month lows. An opening pop - as is now ubiquitous has faded in FTSE China A50 futures but CSI-300 futures (which expire today and are this subject to some 'odd' behavior) are holding modest gains, despite a quarter of Chinese stocks remain halted. For those tempted back in to the deep end of global equity risk, we offer what must go down as the Baghdad Bob quote of the year, from the Chairman of HKEX, "China's stock market is the safest in the world."
Law Firm Stops Hiring Ivy League Grads, Demands "Gritty Street Lawyers"
Submitted by Tyler Durden on 07/16/2015 - 20:50 Having taken on hundreds of thousands of dollars worth of loans to achieve the ultimate goal of becoming an Ivy League law graduate, it appears, in at least one case, that your abilities are not required. As WSJ reports, Adam Leitman Bailey, a Manhattan attorney who runs a real estate firm, says he looks to hire law school graduates who have grit, ambition and a resolve to succeed in the legal profession. For that reason, he says, his firm has instituted a rule: If your resume lists your law school as Yale, Harvard, Columbia, Cornell or University of Pennsylvania, you need not apply because you won’t get the job.
by Amanda Warren, Activist Post:
If
you’ve opened an email or social media message that’s over 6 months
old, it’s a possibility that some agent has too – how do we turn things
around?<
For anyone who's been paying attention in the last 15 years, any news of government snooping such as listening in on phone calls, social media data collection or perusing internet activity is unfortunately, a given. In fact, for many of you, Edward Snowden’s revelations about the NSA were more like public confirmations. But there are more disturbing turns that pass the limitations of our imaginations….
In an eerie turn of events, we’ve witnessed in this week’s news, revelations of way more government wiretapping than was ever previously revealed, the FBI throwing a fit unless they can dip into encryption-free data from you, and the Senate getting ready to actually vote on requiring social media to report suspicious activity to the feds. Another creepy confirmation this week divulged details of private companies color coding your house for law enforcement – the color indicating threat level even based on something a friend had done in the past and tracking and pulling up all traffic through your home, including pizza deliveries.
Read More @ ActivistPost.com
If
you’ve opened an email or social media message that’s over 6 months
old, it’s a possibility that some agent has too – how do we turn things
around?<For anyone who's been paying attention in the last 15 years, any news of government snooping such as listening in on phone calls, social media data collection or perusing internet activity is unfortunately, a given. In fact, for many of you, Edward Snowden’s revelations about the NSA were more like public confirmations. But there are more disturbing turns that pass the limitations of our imaginations….
In an eerie turn of events, we’ve witnessed in this week’s news, revelations of way more government wiretapping than was ever previously revealed, the FBI throwing a fit unless they can dip into encryption-free data from you, and the Senate getting ready to actually vote on requiring social media to report suspicious activity to the feds. Another creepy confirmation this week divulged details of private companies color coding your house for law enforcement – the color indicating threat level even based on something a friend had done in the past and tracking and pulling up all traffic through your home, including pizza deliveries.
from PrisonPlanetLive:
[Ed. Note: The CBS News opened tonight with these words, “Today the US Military came under attack, not overseas, but here at home.”
The shooter has been named as ‘Muhammad Youssef Abdulazeez’. What an
incredibly useful tool this will be to motivate Americans into
supporting more wars in Muslim nations.]
from AP, via CBS News:
A gunman unleashed a barrage of gunfire at two military facilities
Thursday in Tennessee, killing at least four Marines and wounding a
soldier and a police officer, officials told CBS News.
The shooter also was killed. Law enforcement sources told CBS News that the shooting suspect was identified as 24-year-old Muhammad Youssef Abdulazeez. According to a U.S. law enforcement source, Abdulazeez was born in Kuwait and came to the United States in 1996. It’s unclear if and when he became an American citizen.
A U.S. official told CBS News that Abdulazeez was not on law enforcement radar concerning possible terror links or aspirations. The FBI was not aware of him as being any kind of threat.
Read More @ CBSnews.com
from AP, via CBS News:
A gunman unleashed a barrage of gunfire at two military facilities
Thursday in Tennessee, killing at least four Marines and wounding a
soldier and a police officer, officials told CBS News.The shooter also was killed. Law enforcement sources told CBS News that the shooting suspect was identified as 24-year-old Muhammad Youssef Abdulazeez. According to a U.S. law enforcement source, Abdulazeez was born in Kuwait and came to the United States in 1996. It’s unclear if and when he became an American citizen.
A U.S. official told CBS News that Abdulazeez was not on law enforcement radar concerning possible terror links or aspirations. The FBI was not aware of him as being any kind of threat.
Read More @ CBSnews.com
from Pete Santilli Show:
Muhammad Youssef Abdulazeez has been identified by CBS News as the gunman who fatally shot four Marines and wounded a police of officer on Thursday in shootings at two military recruiting and training centers in Chattanooga, Tennessee.
by Christina Sarich, Natural Society:
Want some more proof that Monsanto and other biotech giants are deathly
afraid of GMO labeling initiatives passing within the United States? A
new bill introduced by Monsanto’s star representative, Mike Pompeo, could soon ban all mandatory GMO labeling in the US.
The worst part? It was just approved by the House Agriculture Committee, which means it’s one step closer to becoming a full-fledged law. The bill is formally known as H.R. 1599, or the ‘Safe and Accurate Food Labeling Act of 2015.’
Read More @ NaturalSociety.com
Want some more proof that Monsanto and other biotech giants are deathly
afraid of GMO labeling initiatives passing within the United States? A
new bill introduced by Monsanto’s star representative, Mike Pompeo, could soon ban all mandatory GMO labeling in the US.The worst part? It was just approved by the House Agriculture Committee, which means it’s one step closer to becoming a full-fledged law. The bill is formally known as H.R. 1599, or the ‘Safe and Accurate Food Labeling Act of 2015.’
Read More @ NaturalSociety.com
Sickening video has emerged of yet another police officer violently
slamming a handcuffed suspect face-first into the ground. The footage
shows Colorado Springs officer Tyler Walker ramming 18-year-old Alexis
Acker into the concrete floor while the girl was already restrained. The police reports, claim that Walker “escorted her to the floor,” or that he “rolled her to the floor.”
Indeed, the officer “escorted” Acker to the floor
with such force that her front teeth were smashed in and permanent
injuries were caused, including trauma to the face, head, teeth and jaw;
migraine headaches, concussion, closed head injuries, memory and
cognitive function problems, as well as post traumatic stress disorder.
The incident occurred in late 2013. The video has just been released as
part of a $500,000 brutality lawsuit against the CSPD.
Read More @ Infowars.com
by Mac Slavo, SHTFPlan:
As gun ownership and the number of concealed carry permits have soared under President Obama, who has been dubbed history’s greatest gun salesman, new statistics show that the murder rate has dropped significantly during the same period.
While the well-funded gun control lobby has attempted to an image of increased violence among populations where guns are prevalent, reality has repeatedly demonstrated that guns prevent crimes, not only lowering the rate of homicides and violent crimes, but deterring general crime as well.
Perhaps the latest Crime Prevention Research Center numbers will end the debate once and for all, and curb the bunk arguments gun grabbers have used to fuel their disarmament campaign. According to the Washington Times:
Read More @ SHTFPlan.com
As gun ownership and the number of concealed carry permits have soared under President Obama, who has been dubbed history’s greatest gun salesman, new statistics show that the murder rate has dropped significantly during the same period.
While the well-funded gun control lobby has attempted to an image of increased violence among populations where guns are prevalent, reality has repeatedly demonstrated that guns prevent crimes, not only lowering the rate of homicides and violent crimes, but deterring general crime as well.
Perhaps the latest Crime Prevention Research Center numbers will end the debate once and for all, and curb the bunk arguments gun grabbers have used to fuel their disarmament campaign. According to the Washington Times:
Read More @ SHTFPlan.com
from TheMoneyGPS:
Tennessee Woman Arrested For Printing Money: "All These Other Bitches Get To Print Money So I Can Too"
Submitted by Tyler Durden on 07/16/2015 - 22:02 In what is either the best example why one should never believe anything they read on the internet, or just blatant frontrunning of the last QE by a few years, earlier this week a woman from Kingsport, Tennessee was arrested for counterfeiting money. Her justification: she read online that President Barack Obama made a new law allowing her to print her own money. "I don't give a ****, all these other bitches get to print money so I can too."
Balance Of Superpowers: Comparing The US And Chinese Armed Forces
Submitted by Tyler Durden on 07/16/2015 - 22:01 Whether China is busy championing trade deals outside of the US dollar, buying up some of the world’s biggest companies, taking over foreign housing markets, or building massive networks of nuclear or wind power grids, it is clear that the country is a world power to be reckoned with. To be considered a true force, China also needs to be able to back up its economic and political might with a top notch military. Today’s infographic compares the armed forces of China with the United States.
How Socialism Destroyed Puerto Rico, And Why More Defaults Are Looming
Submitted by Tyler Durden on 07/16/2015 - 21:30 With Puerto Rico missing a payment on a bond overnight "due to non-appropriation of funds" but denying that this constitutes anything close to a default, the territory may be about to retake the limelight as Greece is now "fixed." As Peter Schiff explains, this is far from over... As in Greece, the Puerto Rican economy has been destroyed by its participation in an unrealistic monetary system that it does not control and the failure of domestic politicians to confront their own insolvency. But the damage done to the Puerto Rican economy by the United States has been far more debilitating than whatever damage the European Union has inflicted on Greece. In fact, the lessons we should be learning in Puerto Rico, most notably how socialistic labor and tax policies can devastate an economy, should serve as a wake up call to those advocating prescribing the same for the mainland.
A recent study by the Journal of Medical Ethics
revealed a disturbing practice being carried out in Belgian hospitals —
namely, the deliberate euthanasia of patients without their voluntary
consent.Raphael Cohen-Almagor, professor of philosophy and ethics at the UK’s Hull University and author of the report, discovered that lethal drugs were being used to “shorten life and without explicit request.”
These cases of deliberate euthanasia accounted for 1.7 percent of all deaths in Belgium during 2013. The practice typically involved patients who were comatose, suffering from dementia or “because discussion would have been harmful to the patient’s best interest” — a very contentious judgment, indeed.
Read More @ Naturalnews.com
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