Source – zerohedge.com “….There comes a point where no matter how good a captain is, after which, he cannot steer his ship to avoid an iceberg. The dollar is on a collision course with China and Russia on trade. If the iceberg does not melt, the choices are: crash, or scuttle with the affluent surviving…
Source – off-guardian.org “…The possibilities are as endless as they are terrible. Central Bank Digital Currencies are a death knell for the very idea of individual freedom….Just a month ago, the government of Canada was tracking down Freedom Convoy protesters – and even those who just donated money to the protests – and ordering banks…
Source – zerohedge.com “…There’s something seriously wrong — the world’s financial system is teetering on a knife’s edge,” NYT best-selling author Doug Casey warns me in my latest episode, where we explore real inflation readings and why Casey says you cannot trust the U.S. government’s official outputted figures…”[It’s] going to be one of the biggest disasters that’s…
Source – oftwominds.com “…Eventually the “flock of timid and industrious animals” changes their minds about how much exploitation by the few is acceptable. Every repressive move by centralized authorities will only harden the resolve of the serfs that the divine right of banks and billionaires is false and the exploitation of the many for the…
Source – thecradle.co “…The Russia-led Eurasia Economic Union and China just agreed to design the mechanism for an independent financial and monetary system that would bypass dollar transactions…The Eurasian system will be based on “a new international currency,” most probably with the yuan as reference, calculated as an index of the national currencies of the…
Source – economicprism.com “…Durability is not merely a matter of size. And money is not the definition of wealth. A man with $10 million can lose his riches just as easily as the man with $10,000. There are countless pathways to ruin. And they’re available to rich and poor alike. Throughout history, fortunes both great…
Source – bitcoinmagazine.com “…A clash between Bitcoiners and the establishment has been around the corner for a long time. Satoshi’s quote above illustrates a common concern over the inevitable conflict: we all wish for the masses to first learn about Bitcoin as the neutral money that it is, not as a tool that aids potentially…
Source – zerohedge.com “…The Russian invasion of Ukraine and the corresponding Western sanctions and seizure of Russian FX reserves are nothing short of a monetary earthquake. The last comparable event was Nixon’s abandonment of the gold standard in 1971. Russia, with the backing and support of China, just told the world that it is no longer…
Source – quoththeraven.substack.com “…Russia and China likely entertaining the idea of starting their own monetary and economic system backed by commodities – has finally given investors a wake up call they have needed for about a decade with regard to gold” Gold Mines Are Literally Gold Mines “Gold mines are literally gold mines.” – Peter Schiff I started this…
Source – goldswitzerland.com “…For years I have been clear that the world is reaching the end of an economic, financial and monetary era which will affect mankind catastrophically for decades. The world will obviously blame Putin for the catastrophe which will hit every corner of our planet..Neither Putin nor Covid is the reason for the economic…
Source – thecradle.co “….Washington’s sanctions on Moscow will destroy Europe, not Russia…The official Russian blacklist of hostile sanctioning nations includes the US, the EU, Canada and, in Asia, Japan, South Korea, Taiwan, and Singapore (the only one from Southeast Asia). Notice how that ‘international community’ keeps shrinking…The Global South should be aware that no nations from…
Source – eurasiareview.com “…While Russian oligarchs (Russia’s richest 0.01 percent) have hidden an estimated $200 billion offshore (over half of their financial wealth), American oligarchs — America’s 765 billionaires — have hidden $1.2 trillion (about 4 percent of their wealth), mostly to avoid paying taxes on it” Robert Reich: What’s The Difference Between Russian And American Oligarchs? By Robert Reich We’re sanctioning Russian…
Source – “…Lincoln’s north was on the cusp of putting down the secessionist rebellion which the British Intelligence establishment had work decades to nurture guided by Anglo-American operatives in America itself as well as operations in British Canada. Having far over-extended itself during the 2nd Chinese Opium War (1856-1860) to the Crimean War (1853-1856) to…
Source – goldmoney.com “…Until a few weeks ago, Putin hardly put a foot wrong with his geopolitical strategy. Like Muhammad Ali in the Rumble in the Jungle against George Foreman in 1974, Putin let America tire itself out fighting in Iraq, Syria, and Afghanistan. Ali was then able to knock Foreman out with a flurry…
Source – thecradle.co “…The US and EU are over-reaching on Russian sanctions. The end result could be the de-dollarization of the global economy and massive commodity shortages worldwide…the US itself, in another massive strategic blunder, will speed up de-dollarization. As the managing director of Bocom International Hong Hao told the Global Times, with energy trade…
Source – oftwominds.com “…The core dynamic is our desire to discount signs of trouble rather than deal with a long-term change in the tides….There is typically a period of consolidation that further supports a complacent confidence that the present is immutable: the uptrend is permanent. But this consolidation is misleading: it’s not a continuation of…
Source – internationalman.com “…Initially people thought they were getting a pound sterling, but as it turned out — because the old fart had his face emblazoned onto the coin — with his nose sticking out, it was his nose that gave him away. The silver coating specifically on his protruding nose scraped off when it…
Source – oftwominds.com “…Conventional geopolitics is all about more: more military power, more sanctions, more coercion, more influence. The Geopolitics of Degrowth is all about the power of less: wasting less, consuming less, needing less from other nations, reducing dependence on rivals, reducing coercion and centralized over-reach” Geopolitics & Degrowth – By Charles Hugh Smith…
Source – wallstreetonparade.com “…The U.S. global bank Citigroup and its banking subsidiary Citibank. (Citibank’s private bank has been repeatedly exposed for laundering money for dictators and/or their family members.) Citibank’s Russian operation reports that it is “a key banking partner for about 3000 corporate clients including more than 600 global subsidiaries (virtually all of 500…
Source – schiffgold.com “….Fiat money benefits financial and political elites at the expense of working people whose standard of living is eroded by Federal Reserve actions. As a Texas labor leader once told me, “Gold has always been the working man’s friend.” I would add that fiat money is the worker’s foe” The Fed Is…
Source – internationalman.com “…I’ve said for years that we’re heading towards something I’ve called The Greater Depression. It’s going to be The Greater Depression because it’s going to be much worse, much longer-lasting, and much different than the unpleasantness of 1929 to 1946” Inflation, What Comes Next, and What You Need to Do Right Now…
Source – canadianpatriot.org “…Even before the onset of the COVID-19 pandemic, the major Wall Street banks had already received trillions of dollars (6 trillion) in emergency “repo-loans”…Under the cover of the COVID-19 crisis, the largest financial institutions in America have only continued to receive a shocking number of emergency funds and “liquidity injections,” primarily in…
Source – asiatimes.com “…Faith and trust, which are the real root of power, the one that moves the men holding the guns. Power comes from them, from their trust, not from the inanimate barrel of the gun in their hands, as Mao famously once said. They are soldiers, (from soldo, money, pay) i.e. paid men, they…
Source – kirbyanalytics.com “…Kirby says the Fed’s balance sheet is another huge fraud, and instead of nearly $9 trillion in debt, it’s probably more like “$100 trillion in unacknowledged money.” Kirby says, If you add $100 trillion to the Fed’s $8.8 trillion balance sheet, you have a different picture than what is being presented to…
Source – schiffgold.com “…The markets continue to brace for the Fed’s impending inflation fight. But as Peter explained in his podcast, they’re not bracing for the Fed to lose that fight….And the Fed is going to lose that fight” The Fed Is Going To Lose the Inflation Fight By Peter Schiff The markets continue to…
Source – bitcoinmagazine.com “…The mortgage is the key mechanism that enforces the Modern Serfdom Model. It would be impossible for most people to buy a home without a loan. The need to make your regular repayments creates an incentive for a stable, uninterrupted career of employment and disincentivizes entrepreneurial risk taking. In short, it binds…
Source – lewrockwell.com “…First revolution (1775-1781) was a political revolution during which Americans won independence from Great Britain; second revolution (1860-1865) was economic, enabling northern industrialists to triumph over southern agrarianism and changing the “nation’s” course profoundly” Causes of the American Civil War – By Charles Burris There are over sixty thousand books and articles…
Source – schiffgold.com “…But that still doesn’t reveal the entire debt story. To really understand the country’s financial health, you also have to include unfunded liabilities. These are payments the government has promised to make in the future, including Social Security and Medicare. That adds another $160 trillion in liabilities to Uncle Sam’s balance sheet.…
Source – zerohedge.com – “…The development of crypto currencies is perhaps the biggest libertarian movement we have seen in history. It is nothing short of a revolution led by a group of individuals fostering similar political ideologies. In some ways, cryptos could be seen as attempts to form new governments if not just central banks”…
Source – eurasiareview.com “…The markets are jittery because they are carrying a huge burden of stocks with valuations that are beyond comprehension and common sense. They have been pumped up by cheap money for years, even before the pandemic, even though the covid “rescue” packages seriously accelerated the bubble formation. This fresh “fuel” certainly helped…
Source – unz.com “…I believed that enough to bet my blog on it, saying I would stop writing on economics if inflation did not rise enough to force the Fed to tighten quickly and kill the stock market…The trap they have lain for themselves was foreseeable for certain. That is why I said since early…
Source – wallstreetonparade.com “…Let the above two paragraphs sink in for a moment. After giant, federally-insured banks in the U.S. interconnected themselves via trillions of dollars in derivative bets with wobbly foreign investment banks and a dodgy unit of the giant insurer, AIG, and blew themselves up along with the U.S. economy in 2008, these…
Source – economicprism.com “…In the late-1970s, that both inflation and unemployment went up in tandem? According to the Phillips curve they were mutually exclusive. In reality, the Phillips curve was elegant nonsense. Like most elegant nonsense, it was right until the precise moment it was wrong” How Central Planners Corrupted the World By MN Gordon…
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