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Discussion in 'Politics' started by poncho, Aug 19, 2015.
Economists Brace for September: “Building Up to Catastrophe of Historic Proportions”
Is the collapse imminent, and our very way of life under threat of total global meltdown?
Perhaps the signs and warnings are there, at every level, for those who want to see it.
An outright panic has taken hold over many who see September 2015 as a convergence of ominous events – including the Pope’s visit to America, the United Nations summit on Agenda 21-like development, expectations for a stunning policy change at the Federal Reserve, unprecedented experiments at CERN and the end of the seven year business cycle, a date that has already seen the tragic events of 9/11 and the 2008 economic collapse in this century.
For many economic experts, it is a dangerous and capricious time for global finance, with many warning that a massive global collapse is imminent.
RT profiled several who are bracing for next month’s signposts of doom:
Continue . . . http://www.shtfplan.com/headline-news/economists-brace-for-september-building-up-to-catastrophe-of-historic-proportions_08182015
Only The Date Is Unknown
The US and world economies are frauds that are coming unraveled. The Greek bailout is the most recent example of “kick the can down the road” solutions. The US housing bubble was an attempt to cover up/recover from the dot-com bust. Now the US is in a financial bubble engineered to recover from the housing bubble debacle. Soon this bubble will burst. Only the date is unknown.
Two predictions can be made with reasonable confidence:
The stock market is likely to be halved and that might be optimistic. Only the date is unknown.
The economy will eventually resemble the Great Depression. Only the date is unknown.
Nothing is ever certain. An experienced CFO told me at the beginning of my career that “even the impossible has a 20% probability.” In deference to him and years of empirical evidence, I put the above two events as virtually certain, i.e., an 80% probability.
Continue . . . http://www.economicnoise.com/2015/08/11/only-the-date-is-unknown/
What, no pestilence?
Andrew Korybko: “Hybrid Wars: The Indirect Adaptive Approach To Regime Change”
“Supreme excellence consists in breaking the enemy’s resistance without fighting.” – Sun Tzu
Over two thousand years ago, the ancient Chinese military strategist realized that indirect warfare is one of the most efficient ways of fighting an enemy. It allows an opponent to defeat their adversary without directly engaging them, thereby saving themselves the resources that would have to be expended in a direct confrontation. Attacking an enemy indirectly can also bog them down and put them on the defensive, thereby making them vulnerable to other forms of attack. It also carries with it a certain opportunity cost for the defending side, since the time and resources that they spend in dealing with the indirect attack could potentially have been put to better use elsewhere. Besides the tactical advantages, there are also strategic ones as well. There may be certain constraints (e.g. alliances, military parity, etc.) that prevent one entity from directly launching hostilities against another. In this case, indirect warfare is the only option to destabilize the other.
In the current day, weapons of mass destruction and the emerging multipolar world place limits on direct confrontation between Great Powers. Even though the US still retains the world’s strongest conventional military, the nuclear parity it shares with Russia serves as a reminder that unipolarity has its limits. Additionally, the international system is morphing in such a way that the political and physical costs of waging a conventional war against certain countries (i.e. China, Iran) are becoming too much of a burden for US decision makers, thereby making this military option less attractive. Under such circumstances, indirect warfare acquires a heightened value in strategic planning and its application can take on a variety of forms.
Continue . . . http://www.globalresearch.ca/andrew-korybko-hybrid-wars-the-indirect-adaptive-approach-to-regime-change/5469242
Russia In The Cross Hairs. Washington’s Threats have moved Into the Realm of Insanity
Washington’s attack on Russia has moved beyond the boundary of the absurd into the realm of insanity.
The New Chief of the US Broadcasting Board of Governors, Andrew Lack, has declared the Russian news service, RT, which broadcasts in multiple languages, to be a terrorist organization equivalent to Boko Haram and the Islamic State, and Standard and Poor’s just downgraded Russia’s credit rating to junk status.
Today RT International interviewed me about these insane developments.
In prior days when America was still a sane country, Lack’s charge would have led to him being laughed out of office. He would have had to resign and disappear from public life. Today in the make-believe world that Western propaganda has created, Lack’s statement is taken seriously. Yet another terrorist threat has been identified–RT. (Although both Boko Haram and the Islamic State employ terror, strictly speaking they are political organizations seeking to rule, not terror organizations, but this distinction would be over Lack’s head. Yes, I know. There is a good joke that could be made here about what Lack lacks. Appropriately named and all that.)
Nevertheless, whatever Lack might lack, I doubt he believes his nonsensical statement that RT is a terrorist organization. So what is his game?
Continue . . . http://www.globalresearch.ca/russia-in-the-cross-hairs-washingtons-threats-have-moved-into-the-realm-of-insanity/5427575
The sky maybe falling, but Jesus is in control.
Sent from my LGL34C using Tapatalk
Why Are So Many People Freaking Out About A Stock Market Crash In The Fall Of 2015?
Is the stock market going to crash by the end of 2015? Of course stock market crashes are already happening in 23 different nations around the planet, but most Americans don’t really care about those markets. The truth is that what matters to people in this country is the health of their own stock portfolios and retirement accounts. There are a lot of people out there that are very afraid of what could happen if the money that they have worked so hard to save gets wiped out in a sudden financial collapse. And right now there is an unprecedented amount of buzz about the potential for a giant stock market crash by the end of this calendar year. In fact, I don’t think that I have ever seen more experts come out with bold predictions that a stock market crash will happen within a very specific period of time.
The following is a sampling of some of the experts that have made very bold proclamations about the rest of this year over the past few weeks. Many of these individuals are putting their credibility on the line by proclaiming that a stock market crash is just around the corner…
Continue . . . http://theeconomiccollapseblog.com/archives/why-are-so-many-people-freaking-out-about-a-stock-market-crash-in-the-fall-of-2015
Consider the insanity of the Obama regime’s policy toward the Soviet Union. Kissinger and Brzezinski, two of the left-wing’s most hated bogymen, are astonished at the total unawareness of Washington and the EU of the consequences of their aggression and false accusations toward Russia. Kissinger says that America’s foreign policy is in the hands of “ahistorical people,” who do not comprehend that “we should not engage in international conflicts if, at the beginning, we cannot describe an end.” Kissinger criticizes Washington and the EU for their misconception that the West could act in Ukraine in ways inconsistent with Russian interests and receive a pass from the Russian government.
As for the Idiotic claim that Putin is responsible for the Ukrainian tragedy, Kissinger says:
“It is not conceivable that Putin spends sixty billion euros on turning a summer resort into a winter Olympic village in order to start a military crisis the week after a concluding Olympic ceremony that depicted Russia as a part of Western civilization.” ( http://sputniknews.com/world/20150819/1025918194/us-russia-policy-history-kissinger.html )
Don’t expect the low-grade morons who comprise the Western media to notice anything as obvious as the meaning Kissinger’s observation.
Brzezinski has joined Kissinger in stating unequivocally that “Russia must be reassured that Ukraine will never become a NATO member.” ( http://sputniknews.com/politics/20150630/1024022244.html )
Kissinger is correct that Americans and their leaders are ahistorical. The US operates on the basis of a priori theories that justify American preconceptions and desires. This is a prescription for war, disaster, and the demise of humanity.
Continue . . . http://www.paulcraigroberts.org/2015/08/19/insouciance-rules-west-paul-craig-roberts/
Economic Crisis Goes Mainstream - What Happens Next?
So now that the mainstream is willing to report on clear economic dangers, what happens next?
The change in the MSM narrative is a bad sign. The initial media coverage of the derivatives implosion in 2008 did not become negative until we were well within the shadow of the avalanche. If the same holds true today, then a market event is imminent. Here are some of the issues you may hear more about as the year goes forward.
Continue . . . http://www.alt-market.com/articles/2674-economic-crisis-goes-mainstream-what-happens-next
Nice! Mind if I use this image next time the neocons invent another enemy to scare us?
Did You Know That The U.S. No Longer Has Any Strategic Grain Reserves At All?
Once upon a time, it was popular to say that the U.S. government only had enough wheat stored up to provide everyone in America with half a loaf of bread. But that is not true anymore. Recently, I discovered that the U.S. does not have any strategic grain reserves left at all. Zero. Nada. Zilch. As you will see below, the USDA liquidated the remaining reserves back in 2008. So if a major food crisis hit this country, our government would have nothing to give us. Of course the federal government could always go out and try to buy or seize food to feed the population during a major emergency, but that wouldn’t actually increase the total amount of food that was available. Instead, it would just give the government more power over who gets it.
The U.S. strategic grain reserve was initially created during the days of the Great Depression. Back then, the wisdom of storing up food for hard times was self-evident. Unfortunately, over time interest in this program faded, and at this point there is no strategic grain reserve in the United States at all. The following comes from the Los Angeles Times…
Continue . . . http://www.alt-market.com/articles/2673-did-you-know-that-the-us-no-longer-has-any-strategic-grain-reserves-at-all
As Donbas Heats Up, War Between US and Russia Seems Inevitable
If there is to be a war between NATO and Russia, it will begin the Donbas region of Ukraine.
On Monday Russian Foreign Minister Sergei Lavrov said the regime in Kiev is preparing a new offensive in the contested area, a move that would violate the Minsk II ceasefire signed in February.
Last week seven Ukrainian soldiers were killed and 40 wounded in skirmishes near Donetsk.
At the same time, Eduard Basurin, the spokesperson for the self-proclaimed Donetsk People’s Republic, accused the Ukrainian military of attacking its area with tanks and heavy armament,
The US has accused Russia of inflaming tension in the region and using the ceasefire to capture 28 towns and villages in a 250 square kilometer wide area.
“The struggle in Ukraine is more serious than ISIS,” said the former US ambassador to Ukraine and Director of the Eurasia Center at the Atlantic Council in Washington, John Herbst. “It’s very simple. Any military thinker looks at a threat – what is the possible damage? Putin wants to change the peace established in 1991 and after World War II.”
“Putin wants all of Ukraine,” added Ukrainian MP Dmytro Lubinets.
First Deputy Parliamentary Speaker Andriy Parubiy, the radical nationalist leader of the coup that overthrew the democratically elected government of Ukraine last year, told InterFax on Thursday 30 units of Russian military hardware have crossed over the border in the last two days.
< snip >
In January Kissinger told the US Senate Armed Services Committee he was “uneasy about beginning a process of military engagement in Ukraine without knowing where it will lead us and what we’ll do to sustain it.”
“I believe we should avoid taking incremental steps before we know how far we are willing to go. This is a territory 300 miles from Moscow, and therefore has special security implications,” he said.
“I can no longer say that this Cold War will not lead to a ‘Hot War’. I fear that they could risk it,” said Gorbachev.
“The statements and propaganda on both sides make me fear the worst. If anyone loses their nerve in this charged atmosphere, we will not survive the next few years… I’m really extremely worried.”
Continue . . . http://www.prisonplanet.com/as-donbas-heats-up-war-between-us-and-russia-seems-inevitable.html
Evidence to support Andriy Parubiy's claim can be found at . . . ?
Fed Official Admits Zero Interest Rate Undermined Economy: “QE Has Been Ineffective”
Today, with the United States and the globe approaching another financial cliff, officials from the Federal Reserve are beginning to acknowledge the colossal failure of their quantitative easing program that was instituted in the wake of the 2008 economic collapse.
The Vice President of the St. Louis Federal Reserve branch stepped out to criticize the role that quantitative easing has had on the floundering economic recovery. CNBC reported:
Continue . . . http://www.shtfplan.com/headline-news/fed-official-admits-zero-interest-rate-undermined-economy-qe-has-been-ineffective_08192015
On Friday, the Syrian Arab News Agency (SANA) reported Israeli warplanes bombed a military post near Quneitra in Syrian controlled Golan killing one soldier, wounding eight others.
The pro-NATO London-based Syrian Observatory for Human Rights reported two deaths – possible military officials close to Assad. It indicated raids struck other targets outside Damascus, including a weapons depot. [this source is generally unreliable]
Israel said the IDF “targeted 14 Syrian military posts in the Syrian Golan Heights” – without further explanation. Israeli media reported artillery batteries, army outposts and communications antennae struck.
The attack was perhaps the largest one since the 1967 Six Day War. Is it a possible prelude to US/Israeli/Turkish full-scale war on Assad? Things have been heading toward it for many months.
Continue . . . http://www.globalresearch.ca/israel-bombs-syria-is-it-prelude-towards-a-full-scale-war/5470586
Russia supplies Syria with weapons, to put squeeze on US over Assad
Russia did not leave Syria, but provides political, economic and military aid, Oleg Fomin, co-chairman of the Committee for Solidarity with the Peoples of Syria told Pravda.Ru.
Americans Don’t Know that the Rest of the World Views U.S. as Biggest Danger, Rogue State
George Soros’s Fakery
You can see “International Renaissance Fund” mentioned at the bottom of that. It’s also called the International Renaissance Foundation, and it’s an extension of George Soros, just as his Open Society Foundations are. It’s shown there as being the third-biggest donor to Hromadske TV. Here is what the guest was saying:
“If we take, for example, just the Donetsk district, there are approximately 4 million inhabitants, at least 1.5 million of whom are superfluous. … Donbass must be exploited as a resource, which it is. … The most important thing that must be done — no matter how cruel it may sound — is that there is a certain category of people that must be exterminated.”
He said this in a country where people considered it acceptable to propagandize for exterminating Russians as “colorado beetles” (bugs having dark brown stripes on yellow) which are common agricultural pests at farms in Ukraine. Russians are commonly called there “Colorados” meaning “pests” in Ukrainian jargon.
Here’s a public service ad on Ukrainian television during the summer of 2014, while the government was bombing throughout Donbass; it calls for exterminating these beetles:
Continue . . . http://www.washingtonsblog.com/2015/08/george-soross-fakery.html
Stock Market: Dow Plunges 530 Points and More Than 1,000 for the Week
Stocks were clobbered Friday on Wall Street — a brutal finish to the worst week in the market in four years. The Dow Jones industrial average closed down 530 points, the ninth-biggest point decline in its history.
Investors worried about signs of a slowdown in the Chinese economy that could hammer companies and countries around the world. The stock of Apple, which depends heavily on demand from China, fell more than 6 percent.
The Dow finished at 16,459. It fell more than 1,000 points this week alone and is down more than 10 percent from its all-time high in May — the definition of a market correction. That has not happened in four years.
The Dow's decline for the day came to 3.1 percent. The Standard & Poor's 500 index, a broader gauge of the stock market, finished down 3.2 percent and closed below 2,000 for the first time since early this year.
"Right now there is a feeling of fear in the marketplace, and all news is interpreted negatively and it's interpreted indiscriminately," Tom Digenan, the head of U.S. equities at UBS Global Asset Management, told CNBC.
World’s Richest People Lose $182 Billion in Market Rout
The world’s 400 richest people lost $182 billion this week from their collective fortunes as weak manufacturing data from China and a rout in commodities sent global markets plunging.
The weekly drop for the Bloomberg Billionaires Index, a group that includes Warren Buffett and Glencore Plc’s Ivan Glasenberg, was the biggest since tracking of the expanded list began in September 2014. The combined net worth of the index members fell by $76 billion on Friday alone, when the Standard & Poor’s 500 Index of U.S. stocks ended its worst week since 2011.