THE ECONOMIC SITUATION - AUGUST 2015
...
"You don’t need to be Paul Krugman to know the new normal is:
Anemic global trade;
A severe crisis in most emerging markets;
Europe's absolute stagnation cum recession;
And 'factory of the world' China selling less to the rest of the world."
THE TRUE ECONOMIC SITUATION - Pepe Escobar of Asia Times.
"Meanwhile, the hyper-valued US dollar is strangling US exports; up to 3 percent decline in the first semester alone. Imports also fell by 2.2 percent; and that ties in with the structural corrosion of America’s dwindling middle class spending power.
"Everywhere we look, the whole structural landscape screams crisis of the neoliberal disorder."
THE TRUE ECONOMIC SITUATION - Pepe Escobar of Asia Times.
"Contrary to Western forecasts/wishful thinking, China is not imploding.
"Credit Suisse has released some quite level headed analysis. Here are the highlights.
"'China still has a very healthy current account surplus, its capital account is still partly closed and its major financial institutions are largely state-owned.
"These factors combined would allow the monetary authority a free hand to create liquidity in the system if it wants to do so...
"'The fear of a repeat of the 1997 Asian financial crisis or a 2008 global financial crisis is not warranted.'"
Illustration by Erik T. Johnson - The Stock Market and the Economy's Apparent Disconnect
"What to do about the tsunami of foreign money driving the US dollar up, and driving US industry to become totally uncompetitive...
"Central banks absolutely love to drive up stock market prices for the benefit of the 0.0001 percent.
"So expect more delusion ahead.
"But be sure everything that's solid melts into air. Including the neoliberal dream."
THE TRUE ECONOMIC SITUATION - Pepe Escobar of Asia Times.
The Central Banks have engineered this Financial Collapse, according to James Corbett
The Corbett Report 25 August 2015
"The phony baloney stock markets, manipulated as they are from top to bottom and juiced as they are on the Fed’s QE heroin, are no longer reflective of economic reality.
"The only question is how far this particular dead cat market will bounce, and whether it will be helped along with more heroin from the Fed..."
The Corbett Report 25 August 2015
"It is the central banks that have created this mess, and what’s more they have created this mess in the full knowledge that their actions would lead to disaster.
"And now, one can be sure, the same central bankers and their political puppet mouthpieces will use this crisis to continue the construction of the New World Order that they called for in the wake of the 2008 collapse.
"Anyone who can’t see the endgame now - global government by the bankers, of the bankers and for the bankers - is either blind or wilfully ignorant...
"We can already see a false narrative underway. This narrative has two main thrusts: one is to paint China as the culprit for the global downturn and the other is to assume that only central banks can save the day (with even greater liquidity injections and even deeper rate cuts)."
The Corbett Report 25 August 2015
"I have just been on a swing through the North and East of the USA, and have talked to some of the leading financiers of the country.
"All the wealth of the United States has gotten into the hands of about five thousand families and their connections.
"You know, if something is not done pretty soon to get this money out of cold storage, we're going to have the doggondest panic this country ever saw."
Labels: Central Banks, China, Corbett Report, economy, inequality, neoliberalism, New World Order, Pepe Escobar, stockmarkets, USA
posted by Anon @ 00:33
10 Comments
10 Comments:
crisis?
http://stateofthenation2012.com/?p=21278
http://www.activistpost.com/2015/08/jpmorgan-hires-4-star-general-notorious-for-extrajudicial-killings-in-iraq.html
I've been arguing with some libertarians on YouTube recently. I was relentless, like a steam train, i took them out. All they had were theories about pure free markets which have never been tried. they kept saying that we were too overregulated and I said that for the last 40 years the more we have deregulated and moved towards laissez -faire the more poor we have become. Unless you are in the 0.000% the US has become a basket case and the UK is now a low wage economy. Most of the good jobs have been sent abroad.
I said, is it fair that 450 families should own most of the world's wealth, and they asked for proof, so I went online and discovered that it was actually 85 families. They started calling me a communist and then I knew i had won my argument.
Neoclassical economics is a con, paid for by the one percent, they have been .funding this rubbish for over a century and now it is mainstream economics. Many of the universities rely on funding from charities that the mega rich have set up because government funding has been reduced. Any bright and new upcoming economist will go nowhere unless he toes the line.
Steve Keen wrote the book, Debunking Economics, and felt no need to title it, Debunking Neoclassical Economics,. because neoclassical economics is the mainstream. This is the only economics you can learn at almost all universities.
It's sad, we could have had vibrant economies today, and the Middle East could have had centrist, liberal, and sometimes slightly leftist democracies where women were gaining equal rights but we in the West wrecked it. The one percent wanted that oil, even if it meant backing religiously extreme countries.
Look at the carnage in the Middle East now with all that diabolical suffering, and with brutal warlords and psychopaths on the loose. And the West suffering because their economies aren't functioning correctly. Western people have been turned into almost slaves because property is so expensive, and we have millions of immigrants trying to get here to better their lives who also need housing. The bankers dream, they just stamp a few numbers into a keyboard, and bang, here's your £100, 000, another loan has been made. To them, this is the good times, while everyone else suffers.
It is true that psychopaths rule the world. It could have been so much different. We could have all been on a three day week by now. We could have had time off from work without losing our homes, and then go back to university to learn something new if we getting fed up with our jobs, or just have some time off to redecorate our homes or do some DIY. The Middle East could have been in peace, and Africa would have been wealthier because western economic hit men wouldn't have loaded them with debt driving them into poverty and often civil war. And there wouldn't have been a refugee crisis and mass immigration to the west driving wages down and skyrocketing house prices up.
But nope, guess who was always got in power, the Conservatives, or New Labour, which are all a bunch of neoliberal scumbags. The one percent always made their money out of pillage, war, and the banking system they own where they can invent money out of nothing and lend it to us with interest - which easy peasy profits for them. They control the media and pump their propaganda machine, telling everyone that they need to work hard if they want something out of life, but most of them hate hard work and stole all their wealth from others.
Need I go on. And they created an arms race which cost the tax payer $billions, if not £trillions, and a whole a load of unnecessary wars for profit. But people still vote for these arseholes.
Deuteronomy 23
23:20 Unto a stranger thou mayest lend upon usury; but unto thy brother thou shalt not lend upon usury: that the LORD thy God may bless thee in all that thou settest thine hand to in the land whither thou goest to possess it.
(23:20) "Unto a stranger thou mayest lend upon usury."
Usury is wrong except when lending to strangers. Then it's okay.
http://skepticsannotatedbible.com/dt/23.html
"And what do you think of usury?"—"What do you think of murder?"
— Cato
The True Nature of the Jewish Scam
by John Kaminski
When minorities rule, societies are destroyed
MONEY CREATION DECEPTION DEFRAUDS THE WHOLE WORLD
“It is necessary to reduce, if not destroy, the tendency of Jewish people to practice a very great number of activities that are harmful to civilization and to public order in society in all the countries of the world.” — Napoleon Bonaparte, 1808, quoted by Stephen Mitford Goodson in A History of Central Banking and the Enslavement of Mankind, p. 54
“If usury remains intact, then the world must brace itself for a depression, similar to the Dark Ages, which will last for many centuries.” — Stephen Goodson, 2013
We live in the dark, convinced by our public media and our insincere leaders that we are heroes and freedom fighters. In reality the opposite is true: we are the plunderers, the ravagers, deceiving ourselves to do the dirty work of the manipulators who have twisted our minds with trinkets and false accounts of the people we kill and the countries we ruin in order to steal their treasures.
And the saddest part — the punchline that proves how stupid we are — is that we never profit from the invasions we are cynically ordered to conduct. The bounty always goes to the swindlers pulling the strings, and we, as the agents of banditry, time and again, are always left to suffer the same fate of the people we have robbed when we are robbed ourselves, of not only our treasures, but of our dignity, shortly before we are robbed of our lives.
Continues:
http://www.darkmoon.me/2015/the-true-nature-of-the-jewish-scam/
Biblical teachings regarding the value of human life:
The Human Life Commandments
http://dwindlinginunbelief.blogspot.com/2015/07/the-human-life-commandments.html
In the video below Tony Benn describes how Margaret Thatcher and the banking class have turned us back into serfs and slaves again, undoing much of what democracy has done.
http://m.youtube.com/watch?ebc=ANyPxKpLPhKiFb60iql5FyKhPpFL_pNBcOMkJWIKSDZVD_BZCLX0QmivfSLopofvgOmW_o71k8G8PeZ8-Zik9HaqZab3cVoA7Q&v=qX-P4mx1FLU
The Bankers' Manifesto of 1892
Charles Lindbergh Sr. (1859–1924) was a distinguished U.S. politician. In our (dubious) “history books”, however, it is the exploits of his son, Charles Lindbergh Jr. (the famed “aviator”) which are remembered. A closer scrutiny of the career of the father leaves little doubt who was the real “hero” in this family.
Lindbergh Sr. served as a Congressman in the Republican Party from 1907 -1917. During that time; he was one of the most vehement and outspoken members of the U.S. government against the creation of the Federal Reserve, and the rapidly growing influence/power of the Old World Order banking cabal whom we know today as the One Bank. Indeed, as detailed in the superb documentary, The Money Masters, Lindbergh Sr. may have been the most-strident opponent of this banking cabal in that era whom did not succumb to an assassin’s bullet.
Lindbergh quit the Republican Party in 1916, having reached the conclusion (98 years ago) that both U.S. political parties were already irredeemably corrupt, and under the control of:
“…a sinister influence…which, if it is not checked, intends to completely undermine the original purpose of the formation of our Government – change it from the purposes of democracy, and instead make it of a monarchical and plutocratic system, and to bring all the world into one control and one system, which for purposes of deception of the plain people, they would call a “world’s democracy,” but which in fact it is their plan to make the rule of the wealth grabbers, maintained by simple organization of themselves and disorganization of the masses pitting the masses against each other..."
Continues:
http://www.sprottmoney.com/blog/the-bankers-manifesto-of-1892-jeff-nielson-sprott-money-news.html
How Western Governments Will Steal Your Land, Part III
People without homes will not quarrel with their leaders.
- The Bankers Manifesto of 1892
Who wants to steal all of our homes, and thus our land? Part II of this series ended with the pledge to provide greater detail on the actual perpetrators, the time-frame in which they plan to execute the final phase of this Great Swindle, and how they can (and will) steal the land out from under even those with no mortgage upon which they can foreclose.
Give me control of a nation’s money supply, and I care not who makes its laws
- Mayer Amschel Rothschild [1744 – 1812]
While the two quotes above may not have been penned by the same hand, they clearly emanate from the same clan, or at the least, the same crime syndicate. Simply put, there was/is no other clan on the planet that already possessed the wealth and power to make the pledges contained in The Bankers Manifesto of 1892, in 1892 – and then to (finally) pursue that crime-against-humanity to (near) fruition, in 2015.
…the strong arm of government applied to a central power of imperial wealth under the control of the leading financiers.
Is this what we see in the Western world today? A collection of police states which are actually nothing but the puppet governments of an Old World Order? Look closely.
Continues:
http://bullionbullscanada.com/index.php/commentary/international-commentary/26645-how-western-governments-will-steal-your-land-part-iii
Britain is most definitely a police state,a very sophisticated one.It is said that it has the highest number of CCTV cameras as in the world.
"Oldest democracy in the world" rags like the Guardian tell the punters.
Try political "activism" of the legal kind and if you are not already on the British secret police books for some innocuous comment you made ten years back about Jews,you sure as hell will be.
An individual working at a citizens advice bureau informed me that not only does MI5 target people who could be described as political activists,BUT ALSO their offspring!!....astounding!!.
Targeting can included anything from smears to loss of employment possibilities!
Occasionally,this sort of stuff is not sufficient...then they murder.There is not a better example of that than Dr David Kelly.
You can forget about the free press investigating that one!.The scum at the Daily Mail would much prefer to tell you about the latest airline incident where "drunken passenger X had to be forceably restrained"... And the plane had to be diverted to X airport,where the police were waiting to remove him...in handcuffs.
Fuck Dr David Kelly and the murderers at MI5...
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