Source – shtfplan.com – “…this massive monetary shift – it will rock global events, and likely overshadow almost anything else taking place during 2017 and the years that follow it”…With nearly 50 million people dependent on food stamps in this country, no job growth, stagnant wages and a hungry, desperate and idle population drowning in debt,…
Source – norberthaering.de – “…If you have the power to bankrupt the largest banks even of large countries, you have power over their governments, too. This power through dominance over the financial system and the associated data is already there. The less cash there is in use, the more extensive and secure it is, as…
Source – spectator.co.uk – “…European voters who looked to the state for protection after the crash soon discovered the helplessness of governments which had ceded control over vast swathes of economic policy to the EU… So most European elections come down to a battle between insurgents and defenders of the existing order”: (2017 – Europe’s…
Source – project-syndicate.org – “…In this case, the condition is slow economic growth, also known as secular stagnation, caused by depressed investment, which in turn reflects financial problems and policy uncertainty”: (Globalization’s Last Gasp) Does Donald Trump’s election as United States president mean that globalization is dead, or are reports of the process’ demise greatly…
Source – charleshughsmith.blogspot.com – “…Daniel Bell’s landmark 1976 book The Cultural Contradictions of Capitalism held that“capitalism–and the culture it creates–harbors the seeds of its own downfall by creating a need among successful people for personal gratification–a need that corrodes the work ethic that led to their success in the first place”: (The Cultural Contradictions That…
Source – oftwominds – “…Creative class wages are highest in the regions with strong GDP expansion and concentrations of GDP, capital and talent. Attracting the most productive workers requires hefty premiums in pay and benefits, as well as interesting work and opportunities for advancement. That people will make sacrifices to live in these areas should…
Source – washingtonsblog.com – “…In my book A Radically Beneficial World, I propose a way of creating and distributing money at the bottom of the pyramid to those who are creating value in their own communities, as opposed to only creating new money in the top of the pyramid and only distributing it to the…
Source – oftwominds.com – “…The new jobs that are being created are few in number and highly demanding. Jobs are no longer strictly traditional boss-employee; the real growth is in peer-to-peer collaboration and what I term hybrid work performed by Mobile Creatives (see below), workers with highly developed technical/ creative/ social skillsets who are comfortable…
Source – seekingalpha.com – “…It does not take major wars to reverse globalization; domestic politics is sufficient. A very open Japan in 1633 suddenly closed itself to trade for the next two centuries, only lifting this Sakoku policy in 1866 under considerable outside pressure. Medieval China’s trading fleet never left port again after the great…
Source – dimartinobooth.com – “…The tie that binds the generations comes down to one word: debt. That’s where the Federal Reserve has inflicted the greatest damage. Set aside for a minute U.S. sovereign and corporate debt. While they’re mammoth challenges for tomorrow’s policymakers, it is household debt that has torn at the fabric of our culture and fueled…
Source – theantimedia.org – “…the U.S. dollar, Euro, Yen and many other state currencies are linked in a suicide pact. Printing money and endlessly expanding debt are policies that will erode the underlying value of every dollar in people’s wallets, as well as digital funds in their bank accounts. This new war operates in the…
Source – oftwominds.com – “…These are all characteristics of the long-wave social-economic cycle that is entering the disintegrative (winter) phase. Souring social mood, loss of purchasing power, stagnating wages, rising inequality, devaluing currencies, rising debt, political polarization and elite disunity are all manifestations of this phase”: (A Disintegrative Winter: The Debt and Anti-Status Quo Super-Cycle…
Source – journal-neo.org – “…In 2016, a quarter of the world trade deals was paid for in yuans…The BRICS countries (Brazil, Russia, India, China, South Africa) have decided to turn their backs on the US dollar, which resulted in the BRICS Development Bank issuing its first bonds in yuan, with a total worth of roughly…
Source – stuartjeannebramhall.com – “…Bolivian president Evo Morales recently announced that Bolivia will no longer respond to pressure or blackmail from the US government or Rothschild-controlled international banking institutions”: (Bolivia Asserts Newfound Economic Independence, Rejects Rothschild Banks) Bolivia has become the latest country to kick the Rothschild banks out of their country, with President Evo…
Source – zerohedge.com – “…The total wealth of the top “layer” in the pyramid was a modest $69.2 trillion for the world’s millionaires. It has nearly doubled in the 6 years since then. Meanwhile, the world’s poorest have gotten, you got it, poorer, as those adults who were worth less than $10,000 in 2010 had…
Source – Jonathanevatt.com – “…Among other things, this documentary explores the history of money; debt, GDP; the function of money; the creation of money; the fallacy of money; the serious issues of our money system; the future of money; interest; fiat currency; the artificial creation of scarcity:” Money & Life (Documentary) – By Jonathan Evatt…
Source – journal-neo.org – “…The US empire has entered the “age of stagnation”, which will inevitably be followed by an “collapse of collapse.” In the anticipation of the approaching economic collapse of the dollar-based economic system, an ever increasing number of states, including leading economies like Russia and China, are beginning to invest heavily in…
Source – strategic-culture.org – “…The UK does not enjoy the dubious accolade of the lowest productivity rate out of the major G7 economies for nothing. ..There is a very good reason why the country has become so dependent on EU and international workers, because they do the jobs far better with greater efficiency and diligence…
Source – themindunleashed.com – “… In 1963, President John F. Kennedy entered into an Agreement with President Sukarno to provide the funds to allow the United States Treasury to print its own currency, thus subverting the “right” to print the currency held by the Federal Reserve…the Cabal had to stop Kennedy because he wanted to take down…
Source – zerohedge.com – “…It’s also one of the clearest signs yet that hyperinflation could be taking hold in a country that refuses to publish consumer-price data on a regular basis. Cash-weighing isn’t seen everywhere but is increasing, echoing scenes from some of the past century’s most-chaotic hyperinflation episodes: Post-World War I Germany, Yugoslavia in…
Source – oftwominds.com – “…Rising inflation crushes the purchasing power of the bottom 95% whose incomes are not rising along with double-digit cost increases in big-ticket expenses. Central banks seeking to boost inflation are waging financial war on the bottom 95% of households”: (The Disaster of Inflation, For the Bottom 95% – By Charles Hugh…
Source – thedailycoin.org – “…If you simply remove opium or change it’s name to US Dollars you will see that nothing has changed. The heroin addicts now live on Wall Street and trade Treasury Bonds for manufactured goods out of China. The opium war still rages, but the suppliers and destinations have changed. The magnitude…
Source – 2.ucsc.edu – “…How is it possible that the American working class could be relatively powerless in a country that prides itself on its long-standing history of pluralism and elections?…employers were able to call upon the government to crush organizing drives and strikes through both court injunctions and police arrests”: (The Class-Domination Theory of…
Source – wakingtimes.com – “…Behind the scenes the money masters – the international banking families such as the Rothschilds, Rockefellers, Morgans, etc. – own the central banks in almost every country (the Federal Reserve in the US), and thus are able to set national interest rates. This is essentially identical to the power to determine the…
Source – charleshughsmith.blogspot.ca – “…Interest rates are being actively suppressed (along with responsibility) to a near-zero mark as a matter of long-term policy to keep the U.S. dollar, housing market, and stock market artificially aloft…Global central bank and government intervention in order to save economic elites from the consequences of their poor financial decision-making”: (Ending…
Source – charleshughsmith.blogspot.ca – “…The key take-away is that the financial gambits–QE, zero interest rates, etc.–did not actually address the economy’s structural problems. All the Federal Reserve and fiscal stimulus policies accomplished was to prop up the corrupt, stagnant engine of debt-serfdom, rising inequality and financial fragility”: (Please Assume Crash Positions – By Charles Hugh Smith)…
Source – taxjusticeblog.org – “…The U.S. Public Interest Research Group (PIRG), finds that Fortune 500 companies are now holding $2.5 trillion in earnings offshore. The report finds that holding these earnings offshore allows companies to avoid an estimated $718 billion in taxes”: (New Report Exposes World of Offshore Corporate Tax Avoidance – By Richard Phillips)…
Source – economicprism.com – “…We are in a big, fat, ugly bubble. And we better be awfully careful…The Fed is doing political — by keeping the interest rates at this level. And believe me: The day Obama goes off, and he leaves, and goes out to the golf course for the rest of his life…
Source – wakingtimes.com – “…The world’s people are held in perpetual bondage to the fiat currency money masters who have saddled us with absolutely insurmountable debt obligations which are mathematically impossible to repay. At present, the CIA estimates the total global debt to be nearing $90 trillion” (Hiding the Identities of the World’s Wealthiest Individuals…
-Source – phoenixcapitalresearch.com – “…Indeed, we believe the global markets are on the verge of another Crisis, triggered by a crisis of faith in Central Banks – 2008 was Round 1 triggered by Wall Street banks. This next round, Round 2, will be even worse as faith in Central Banks collapses”: (Is a “$46 TRILLION”…
Source – oftwominds.com – “…Is the economy in a Depression? Not if you’re a corporate bigwig skimming vast gains from corporate buybacks funded by the Fed’s free money for financiers. But if you’re a wage earner who’s seen your pay, hours and benefits cut while your healthcare costs have skyrocketed–well, if it isn’t a Depression,…
Source – kunstler.com – “…The ‘end of growth” – The semantic impact of this phrase tends to paralyze even well-educated minds, most particularly the eminent econ professors, the Yale lawyers-turned-politicos, the Wall Street Journal editors, the corporate poobahs of the “C-Suites,” the hedge fund maverick-geniuses, and the bureaucratic errand boys (and girls) of Washington…The poverty…
Source – ellenbrown.com – “…The actual creation of money is orchestrated by private banks today. Nearly 97% of the money supply is created by banks when they make loans, as the Bank of England acknowledged in a bombshell report in 2014″: (Central Bank Digital Currencies: A Revolution in Banking? – By Ellen Brown) Several central banks,…
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