Source – naturalnews.com – Russia is teetering on the edge of solvency and economic collapse as its currency collapses, interest rates rise and average Russians flock to stores to stock on up on anything they can get their hands on. Meanwhile, some geopolitical analysts believe that the economic turmoil — touched off in part by…
Source – theeconomiccollapseblog.com – The 8th largest economy on the entire planet is in a state of turmoil right now. The shocking collapse of the price of oil has hit a lot of countries really hard, but very few nations are as dependent on energy production as Russia is. Sales of oil and natural gas…
Source – dailymail.co.uk – Secret documents show links between Robert Mugabe’s wife and criminal He fled Britain after being branded ’emissary of the devil’ by a judge Hoogstraten was implicated in brutal slaying of gangland rival Grace Mugabe is ‘dictator in waiting’ as husband Robert’s health falters She is launching bid to become world’s first…
Source – ellenbrown.com – On December 11, 2014, the US House passed a bill repealing the Dodd-Frank requirement that risky derivatives be pushed into big-bank subsidiaries, leaving our deposits and pensions exposed to massive derivatives losses. The bill was vigorously challenged by Senator Elizabeth Warren; but the tide turned when Jamie Dimon, CEO of JPMorganChase,…
Source – alternet.org – The problem with ideologues is that they do not learn from their mistakes, not even after they repeat them and things go wrong again. Paul Krugman returns to one of his favorite subjects in his Friday column: the mismanagement of Greece’s fiscal crisis, which erupted five years ago and has ongoing…
Source – gizadeathstar.com – As I’ve previously said on occasions, one of the interesting things about my job at this website is that once a week or so, I get to comb through all the articles and ideas that so many people kindly share with me. For this, I remain grateful to all of you…
Source – freebeacon.com – The Department of Treasury is spending $200,000 on survival kits for all of its employees who oversee the federal banking system, according to a new solicitation. As FreeBeacon reports, survival kits will be delivered to every major bank in the United States and includes a solar blanket, food bar, water-purification tablets,…
Source – wallstreetonparade.com – t doesn’t get any more Orwellian than this: Wall Street mega banks crash the U.S. financial system in 2008. Hundreds of thousands of financial industry workers lose their jobs. Then, beginning late last year, a rash of suspicious deaths start to occur among current and former bank employees. Next we learn…
Source – marketwatch.com – The Central Intelligence Agency’s torture of detainees was developed by two inexperienced contractors who were eventually paid $81 million for their work, according to a Senate Intelligence Committee report on the program released Tuesday. The two psychologists were working at the U.S. Air Force Survival, Evasion, Resistance and Escape school prior…
Source – wallstreetonparade.com – On Thursday, November 20, 2014, the body of 54-year old Melissa Millan, a divorced mother of two school-age children, was found at approximately 8 p.m. along a jogging path running parallel to Iron Horse Boulevard in Simsbury, Connecticut. A motorist had spotted the body and called the police. According to the…
Source – libertystreeteconomics.newyorkfed.org – As we noted in our last post on the British crisis of 1816, while Britain emerged from nearly a quarter century of war with France ready to supply the world with manufactured goods, it needed cotton to supply the mills, and all of Europe needed wheat to supplement a series of…
Source – zerohedge.com – 52-year-old Belgian Geert Tack – a private banker for ING who managed portfolios for wealthy individuals – was described as ‘impeccable’, ‘sporty’, ‘cared-for’, and ‘successful’ and so as Vermist reports, after disappearing a month ago, the appearance of his body off the coast of Ostend is surrpunded by riddles… Tack…
Source – equedia.com – Coincidence is often described as a remarkable concurrence of events or circumstances without apparent causal connection. However, we often forget to include the word “apparent” in our use of “coincidence”. As I mentioned in my last letter, “The Hidden Epidemic Behind Ferguson,” control of power in our modern era…
Source – libertyblitzkrieg.com – Wall Street has for some time attempted to put taxpayers on the hook for its derivatives trades. I highlighted this a year ago in the post: Citigroup Written Legislation Moves Through the House of Representatives. Here’s an excerpt: Five years after the Wall Street coup of 2008, it appears the U.S. House of…
Source – davidstockmanscontracorner.com – In the great fiscal scheme of things, October 22, 1981 seems like only yesterday. That’s the day the US public debt crossed the $1 trillion mark for the first time. It had taken the nation 74,984 days to get there (205 years). What prompts this reflection is that just a few days ago…
Source – globalresearch.ca – Over the past 30 years, wealth has grown exponentially and has become increasingly concentrated foremost in the upper .01%, then the .1%, followed by the 1% and the upper 10% – 20%. The large scale, long-term concentration of wealth has continued through booms and busts of the real economy, the financial and IT crises. …
Source – newswatchreport.com – Today on The Janssen Report (#88): the financialization of pretty much everything has caused incredible systemic risk on top of so-called collateral. In fact, this collateral is the true value upon which most derivatives are based, such as gold, silver, oil and real http://newswatchreport.com/item/39306_derivatives-10x-size-of-global-economy-trigger-to-a-global-financial-meltdown
Source – zerohedge.com – Once upon a time it was the Sicilian, or Russian, or Japanese, or Chinese mob that were some of the biggest sources of funding for corrupt government officials (incidentally, most of them). After all, the government is smart enough to realize that it is more lucrative to “cooperate” with the world’s…
Source – washingtonsblog.com – Debunking the Stubborn Myth that War Is Good for the Economy About.com notes: One of the more enduring myths in Western society is that wars are somehow good for the economy. It is vital for policy-makers, economists and the public to have access to a definitive analysis to determine once and…
Source – ellenbrown.com – On the weekend of November 16th, the G20 leaders whisked into Brisbane, posed for their photo ops, approved some proposals, made a show of roundly disapproving of Russian President Vladimir Putin, and whisked out again. It was all so fast, they may not have known what they were endorsing when they…
Source – wolfstreet.com – The plunging price of oil since June has been a leading indicator: global economic growth is in trouble, despite six years of unprecedented central-bank free-money policies that caused asset prices to soar but has accomplished little else. This scenario has now been confirmed by businesses that help drive the economy forward…
Source – oftwominds.com – The monetary tectonic plates are shifting, and predicting the next global financial earthquake is relatively easy. I recently suggested that the devaluation of the yen was Japan’s Monetary Pearl Harbor: a direct attack on the currencies of its major trading partners: the euro (European Union), the won (South Korea), the Australian…
Source – paulcraigroberts.org – As most Americans, if not the financial media, are aware, Quantitative Easing (a euphemism for printing money) has failed to bring back the US economy. So why has Japan adopted the policy? Since the heavy duty money printing began in 2013, the Japanese yen has fallen 35% against the US dollar,…
Source – hackread.com – The online Turkish Anonymous Hacktivist Team ”Red Hack” hacked and breached the official website of Turkish Power Administration System, deleting 1.5 Million Liras (Turkish currency) worth debt of Soma region. (Soma is a town and district of Manisa Province in the Aegean region of Turkey). Turkish hacker team RedHack announced hacking into power…
Source – zerohedge.com – Game over, man: the Fed won. As the Economist reports, according to a new paper by authors at liberal bastion UC Berkeley and the LSE, US inequality in wealth is approaching record levels (actually it already surpassed it as reported long ago). “The authors examine the share of total wealth held…
Source – voltairenet.org – By organizing in Iraq and Syria the first war leading to a decline in oil prices, the Obama administration’s intention was probably to cripple its adversaries’ economies: Russia, Iran and Venezuela. But this policy can have severe unintended consequences in other areas: acceleration of China’s development, threats to the dollar’s value…
Source – oftwominds.com – We’re being hit with a double-whammy: Wages are under deflationary pressure, and almost everything else is exposed to inflationary pressure. As correspondent Mark G. observed in Globalization = Permanent Instability, it’s impossible to understand inflation and deflation now except in a global context. Now that prices for commodities such as oil…
Source – zengardner.com – One of the first things that most awakening souls discover is the banking deception. Today, the Internet is replete with videos and articles that clearly outline the deceptive practices, and the true mechanics of money (or currency as it should be called). If you are reading this and have not fully…
Source – independent.co.uk – The number of billionaires has doubled since the start of the financial crisis, according to a major new report from anti-poverty campaigners. According to Oxfam, the world’s rich are getting richer, leaving hundreds of millions of people facing a life “trapped in poverty” as global “inequality spirals out of control”. The…
Source – zerohedge.com – Call it Monitoring Universe of Non-Bank Financial Intermediation (MUNFI), Other Financial Intermediaries (OFI), non-bank financial intermediation or, easiest of all, by its widely accepted name, Shadow banking. Whatever you want to call it, the latest just released estimate by the Financial Stability Board of how many assets current exist outside of…
Source – investmentwatchblog.com – In the first half of our new interview with GoldMoney’sAlasdair Macleod we discuss the latest banker “suicides” which have all of the hallmarks of intelligence agency ‘wet work’. And Alasdair explains how China could easily have acquired 20,000 tons of gold in recent decades – and as SRS Rocco recently pointed…
Source – sovereignman.com – When I was growing up, my father was able to support his family of four on a single income. And when he was growing up, his father could do the same. This sort of security simply doesn’t exist anymore. These days, it typically takes two working parents just to be able…
Source – renewamerica.com, by Deanna Spingola – In 1989 President George H. W. Bush began the multi-billion dollar Project Hammer program using an investment strategy to bring about the economic destruction of the Soviet Union including the theft of the Soviet treasury, the destabilization of the ruble, funding a KGB coup against Gorbachev in August…
RIELPOLITIK 