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  • strange days in Europe

    Why wasn't Brexit simply blocked by the vote counters??
    It was a non-binding referendum,,, why did Cameron resign immediately?
    What happens now the UK has voted Brexit - and what is Article 50?
    The oligarchs in Brussels say that they are going to make the exit "brutal" to dissuade others.

    Global Elites Suffer Fatal Blow, UK Votes to Leave the EU
    by Sprott Money - Jun 24, 2016 8:50 AM

    The global elites know that this is a massive blow to their long-term plans.
    Brexit Wins! Next Stop: Frexit, Italexit and Swexit
    by George Washington - Jun 24, 2016 12:50 AM

    If it was non-binding, why did everything go off a cliff?
    The Soviet Union tried socialism with strongmen and oligarchs in charge.
    Following the ideas and design of Monet, the EU was to be a forced collective with a brain-trust in charge. Draghi had the ECB buying up EVERYTHING in sight to keep the show going. The EU was in the process of levying fines on States that wouldn't accept their fair share of immigrant trash.
    Far-right political groups were rapidly coming to power. Implosion was /is fast approaching.
    Strange days.
    BTW, Mario Draghi, formerly of Goldman Sacks IS ON DRUGS, http://www.24hgold.com/english/news-...e+Saville&mk=1
    Last edited by Danny B; 06-24-2016, 02:16 PM. Reason: moar info

    Comment


    • Pissed-off dictators in Europe

      The Brexit vote is non-binding but, there is little chance that parliament can ignore it. The vote might not seem like a big deal to yanks but, it is a big deal to markets. Markets are cratering around the world. Automatic Earth has an excellent article trying to list possible replacements for politicians who are getting the boot. Their conclusion is that none of the British politicians are worth a $hit.
      Brexit: The System Cannot Hold - The Automatic Earth
      Switzerland withdrew their application to join the Eurozone. SO, the banks of Switzerland AND London are out of reach of the ECB.

      "Finally, this was of course not a vote about the -perhaps not so- United Kingdom, it was a vote about the EU. But the only thing we can expect from Brussels and all the 27 remaining capitals is damage control and more high handedness. It’s all the Junckers and Tusks and Schäubles and Dijsselbloems are capable of anymore."
      These four anal-orifices stridently screamed that there was no going back. They raked Greece over the coals to scare off the rest. BUT, they could NOT rescue the economies so, the party is coming to an end.

      6/24 Don’t worry, Deutsche Bank only down 16% – Mish
      6/24 The bear roars around the world as Britain votes to leave EU – The Street
      6/24 The consequences of leaving the party – Goldmoney
      6/24 Britain should exit Keynesianism, not Europe – Sprott Money

      It's not going to be easy sailing for anybody; "It's An Alice In Wonderland World" - GRI Warns "Debt Is Being Piled Upon Debt Being Piled Upon Debt" | Zero Hedge
      Greenspan puts in his 2 cents worth; Alan Greenspan says British break from EU 'is just the tip of the iceberg'

      Yanis Varoufakis, the economic minister of Greece pleaded with the troika to please rescue Greece. He DID believe in the idea of a united Europe. He told the troika that if Greece were punished, it would lead to the rise of far-right parties in several States. Turns out, he was right.

      Kunstler is in fine form; "The Deep State is also the sum of unintended consequences and diminishing returns of a late-stage, bureaucratic, techno-industrial economy cannibalizing itself to stay alive. One obvious conclusion is that this economy has got to change before there is nothing left to eat"
      Trumptopia - KUNSTLER

      Considering that the parasites are in charge, I don't see a change for the better.

      Comment


      • BREXIT

        As expected, the globalists engineered a victory for the BREXIT referendum yesterday, so the first of three punches that’ll bring down the EU has been thrown. Putting together all we’ve explored , this is how things will go from here…> The Summer of Terror will start kicking in…
        …From The Guardian. Here is an excerpt…
        >>> The US State Department has issued a travel alert for Europe, cautioning Americans that the influx of summer tourists and a series of high-profile events “will present greater targets for terrorists planning attacks in public locations”.
        “We are alerting US citizens to the risk of potential terrorist attacks throughout Europe, targeting major events, tourist sites, restaurants, commercial centers and transportation,” department officials wrote. <<<
        The purpose of this globalist-sponsored terror campaign is to outrage the public and fan hatred towards the Muslim refugees and the EU bureaucrats that allowed them in. The angered public will then look upon the BREXIT as being a great idea for their own countries.
        > The IMF will scuttle the Eurozone debt deal with Greece, which could lead to a default on Greece’s July debt payments to the European institutions…
        …from FT.com. The article is behind a paywall, so search for the title on Google News and follow their link to see it.
        The purpose of this globalist-engineered development will be to create chaos in the Eurozone (the EU currency union) to go along with the EU political chaos created by the BREXIT and the Summer of Terror. The third punch to the EU – the knockout blow – will come when the BRICS and the G7 start shooting at each other this September. The sudden breakout of war will result in the stoppage of all financial and trade transactions between the two “sides,” and this will trigger the Next Lehman Moment – a total cardiac arrest in the global economy. Once this has happened, no one in any of the EU countries is going to give a sh*t about what the bureaucrats in Brussels say. The EU will simply fall to pieces. I made sure to finish this update late last night because I knew the propaganda they’d be pushing this morning, and the Drudge Report didn’t disappoint…drudgebrexa
        The first thing to notice is that the globalists’ controlled opposition figures are calling for referenda in their own countries. And over the coming weeks, you’ll see lots of reports of how Britain’s vote has emboldened anti-EU forces throughout Europe, especially in Greece.
        According to the public narrative of how the Greek default will go down, the BREXIT vote will encourage the Greek Parliament to dig in their heels against unwanted economic “reforms.” Their resistance will be based on the expectation that the Eurozone will ultimately back down to avoid another BREXIT-style blow to the EU. This, paired with German intransigence, will bring the situation to a head and lead to the IMF pulling out of the bailout.
        That being said, this narrative is just a script being acted out for public consumption. In reality, Greece will be the nation that upsets the euro apple cart because the globalists want the “birthplace of democracy” to strike the fatal blow against the “undemocratic” EU.The EU was never built to be the QE2; it was built to be the Titanic. The internationalists constructed it so the nations of Europe would jump aboard and drown together when it hits the iceberg of the Great Economic Crisis of 2016.
        For more information on how and why the globalists are building tension in the public in order to release it through their controlled opposition figures, read…The Illuminati strategy of tension and release
        The Paris Attacks, Marine Le Pen and Ron Paul
        Moving on, the snapshot of Drudge headlines we just examined came the top left of the website above the main headline.
        drudgebrex
        In the headlines, we see Drudge foreshadowing the Summer of Terror. Note that the two cities specifically mentioned for attack are the core power centers of the EU. The coming attacks against these power centers and the Vatican will give rise to a growing disinformation meme about an attack against “Christian civilization.” This is what the globalists want you to believe…
        “Christian civilization is under full-scale assault by Islamists from without and Satanists from within. The secretly-Satanic Western elite made common cause with the Muslims to create a terrorist army and get it into the Western nations in order to bring down Christianity. The Muslims supplied the men and the Satanists opened the gates and brought them in under ‘migrant’ cover.”
        This idea of a war between civilizations – Muslim versus Christian – is why Drudge added the headline mentioning “civilizational jihad.”

        Now if we look to the headlines, it mentions the Rio Olympics. This is where the globalist script calls for the Muslims to step over the line and trigger an official holy war. An atrocious “ISIS attack against Christians” at the Olympics will lead to both the Catholic and Orthodox churches declaring a “just war” against them. And since this August attack will result in casualties from all around the world, ground units from all around the world will gather in the Middle East in September to fight them. This global gathering of forces against ISIS will, in turn, devolve into a conflict between the “Champion of Christianity and True Warrior against ISIS” Vladimir Putin and the “Secret Muslim and True Supporter of ISIS” Barack Obama.

        Comment


        • May you live in interesting times!

          Comment


          • The Clan vs the State

            Man is unique in the animal kingdom in that a newborn must be supported and protected for at least the first 5 years. A family can't do that. Man must live in a clan. The clan is a socialist unit that shares to provide for genetic continuity. Man is born extremely premature because of the limitations of the head vs the birth canal. All of this contributes to the necessity of social cohesion. A child is a huge investment that takes years to pay off. Of necessity, man is a very social creature.

            The State wants no competition and will happily destroy the family. J.M.Keynes hated anything that concerned the family. Several decades ago, the State built orphanages for infants. The infants were fed and cleaned. They were left alone to their own devices in a bed. The infants died.
            Every time that the bankers print money, our effective wages go down. At one point, they printed so much that a family couldn't survive and the women/mothers had to go to work. This furthered the destruction of the family and the lowering of the birth rate.
            The nuclear family became a thing of bygone days for most Americans. Man is a social animal and he needs recognition and love. The foundation of his security is the family. The destruction of the traditional family brings all the neurosis and insecurities to the surface. American doctors write 80 million prescriptions for antidepressants every year.
            We constantly hear about parents who kill and maim their children. A b-a-s-t-a-r-d child suffers under a great handicap knowing that nobody loved it enough to hang around and give it love and a name.

            There is a strong correlation between broken families and crime. Many millions of people life a fearful, neurotic existence because they don't have a family structure to hold on to AND support,,, to be needed.
            Our reproduction rate is so low that we may last only a small fraction of the time that the Neanderthals existed.

            Must we renounce our hedonistic lifestyle and go back to the land to survive?
            "By 2300 … [a]bout half the countries of Europe would lose 95 per cent or more of their population, and such countries as the Russian Federation and Italy would have only 1 per cent of their population left. "
            https://orangeraisin.wordpress.com/2...ion-mechanics/

            Will the Mormons and muslims bury us? https://orangeraisin.wordpress.com/2...conservatives/
            Will your children be rich or poor?
            Will Your Child be Rich or Poor? 15 Poverty Habits Parents Teach Their Children
            Erdogan ordered Turkish women to have a minimum of 3 children. Putin asked Russian women to have 3 children. Japan is a basket case as far as reproduction goes.
            A family with a newborn is at an extreme economic disadvantage as far as producing. The clan gives them support and security. The Amish don't pay into Social Security because they NEVER turn anybody out. Insecure people who have access to birth control do not have children. The security of the State is as fleeting as the promises of yesterday's politicians.
            Dissolve Big brother OR watch the nation wither away.

            There was a story in the old, Analog magazine about the future earth. Just like in Star Trek, EVERYTHING was made in a "replicator". Precious metals were no longer scarce. Energy was abundant. There was only one item that couldn't be made in a replicator,,,, a Baby. The currency of the day was denominated in "babies". Society depends on people. What do you do if there just aren't any people?

            Comment


            • The State destroys

              Man is a social creature and the fount of his security is the family and clan. Man has a VERY strong allegiance to his genetic relatives. By nature, man has a VERY weak allegiance to the State. The State seems to be working hard to destroy both the family and familial allegiance. The mantra pushed by the State is; the State is an integral, necessary part of society. The Amish shun the State and put the family above everything else.
              Financial secrets of the Amish - MarketWatch

              The fount of all security is the family and clan. Responsible people will not have children if the economic picture for the future looks bleak. The State provides material support to people who demand it. Irresponsible people will produce lots of offspring if they have short-term sustenance at hand. In a bad economy, the State "selects" for irresponsible people.
              Unlike genetic links, the support of the State can disappear overnight.

              In the clan, every person has a position of responsibility. No slackers allowed. With State support, nothing is demanded in return. Seeking the path of least resistance, the dependency class created by the State just continues to grow. The State supplies a tenuous existence to a self-perpetuating cadre of parasites. By it's very actions, the State destroys societal cohesion. Illegitimacy, crime and the prison system are the testaments to the outcome of the destruction of society.
              The State responds by monitoring our every action and word. The dumbed-down masses don't seem to mind. Responsible people refuse to bring children into this "prison planet".
              The State may reach a position of total monitoring and control BUT, the populace will be dumbed-down, heavily medicated, lethargic and apathetic.

              Comment


              • No boredom on monday

                Some notes from Jim Willie;

                Next Big Pillar to Fall Could Be Deutsche Bank! We Could See A Breakdown Event in DB In the NEXT WEEK!
                Gold and Silver Are Moving into 2nd Gear – I Think We’re Going to Make A Rather Quick Move Towards $1,900!
                I Think We Will See a 5 FOLD Gain In Silver…RAPIDLY!
                The March Towards Gold Currencies and Gold Trade Notes IS ON!
                US/UK Debt Downgrades Coming Soon. Gold Is Just Getting Started!
                If Gold Sticks Above $1300 the Next 24 Hours, We’re Going to Get A Short Squeeze
                BREXIT is a VOTE Against the System, Next Vote is GOLD AGAINST THE DOLLAR!
                Run On COMEX Gold July Delivery: Something’s Different This Time!
                China Suddenly Begins Accumulating Silver
                Dollar Devaluation Might Be Simutaneous to the BAIL-IN EVENT
                No More Money Printing – QE Will Be Pushed Out of the Picture, Next Comes $21 TRILLION PENSION FUND CONFISCATION!
                This Will Wake Up the American Nitwits

                Comment


                • 000000000000000000000000000000000000

                  6/27 The $100 trillion bond market’s got bigger concerns than Brexit – Bloomberg
                  These bonds are debt instruments that are supposedly going to be paid off.
                  6/27 The $555 trillion derivatives debt implosion is about to begin – 24hGold
                  Yeah,,, so who is going to pony up $555 trillion? There is a HUGE difference between a normal hedge and a derivative. The $555 trillion is just notional value BUT, a small fraction of that amount is enough to wipe out everybody.

                  "In short, the academically based theories of the Fed’s Presidents have been proven to be bunk"
                  "In short, the two largest economies in the world are contracting. One is entering a currency Crisis (China). The other’s currency is part of a $9 trillion carry trade (the US Dollar).

                  This is a ticking time bomb waiting to go off. No less than the Bond King Bill Gross has stated that we're heading for a massive crisis. Investing legends Carl Icahn, George Soros, and Stanley Druckenmiller are all taking out MASSIVE trades to profit from a market collapse"
                  Two Black Swans, Far Greater Than BREXIT Are On the Horizon | Zero Hedge

                  "Davidson’s warning is the most alarming of all his peers.

                  Not just because he makes the strongest case for a collapse (he uses over 20 unquestionable charts to prove his point), but also because Davidson has a remarkable track record of calling every major economic shift over the last three decades." Are Stocks 80% Overvalued? New Evidence Shocks Wall Street - The Sovereign Investor
                  Maybe he's wrong this time?

                  Comment


                  • Brexit rocked the boat

                    Because America lost so much of the main value-added industry, our banking system was way too big for our economy. TARP was pushed to allow the banking industry to avoid down-sizing. BUT, this was just a postponement. The big 5 banks got all the money. Then, they pushed for regulations that would destroy smaller banks. Thousands of smaller banks have gone under since 2008. Recently, economic forces have started to catch up to the banks in a big way. Bank stocks are way down.
                    ZIRP cut back badly on their incomes. ZIRP is projected to continue for many years. Investors want out of bank stocks. Because of Brexit, nobody really knows the value of the British Pound. With interest-income gone, nobody wants volatility. There is a general exodus from anything that has to do with banking. VERY good graphs;
                    Bonds & Bullion Bid But Brexit Blowback Batters Banks | Zero Hedge

                    The B.I.S. has once again warned the Central Banks that they are out of magic bullets. The upshot of this is; the BIS said that GOV must cut way back on spending. "The Global Economy Can No Longer Rely On Debt" - BIS Warns Central Bank Actions "Have Started To Backfire" | Zero Hedge
                    There is no interest income. If GOV stops buying every stock and bond that threatens to become worth-less, they will become worthless.

                    Rangel says that nobody should have guns for protection,,,, except politicians. Congressman: Only Politicians Need Firearms For Protection | Zero Hedge
                    New Zealand is trying something stupid; New food bill in New Zealand takes away human right to grow food « InvestmentWatch

                    Edit I left out Kunstler.
                    "A zombie is a terrible thing to behold, but a zombie holding a bag of dog-$hit is like unto the end of the world." Death to All Zombies! - KUNSTLER
                    "Britain illustrates the problem nicely: how to produce “wealth” without producing wealth. It’s called “the City,” their name for the little district of London that is their Wall Street. In the absence of producing real things, the City became the driver of the UK’s economy, a ghastly parasitical organism that functioned as the central transfer station for the world’s swindles and frauds, churning the West’s dwindling residual capital into a slurry of fees, commissions, arbitrages, rigged casino bets, and rip-offs."

                    We exited from the agrarian economy into the industrial economy. The majority of the people have become unnecessary to the industrial economy. The problem was papered over with money printing but, that is winding down.
                    Last edited by Danny B; 06-28-2016, 03:34 PM. Reason: forgot Kunstler

                    Comment


                    • Yes Danny
                      Maybe i will<maybe not....the maybe is far more likely as the years have caught up with me,I am in the autumn of my life,BUT.....

                      Have you noticed how hard the controlled alternative press are working to convince you that the globalists / NWO / banksters are frightened by the BREXIT result?…
                      drudgeglobalists
                      brxb
                      brxc
                      …From the Drudge Report, Breitbart, and Infowars

                      Well nothing could be further from the truth. In fact, the collapse of the European Union is a necessary step in building the New World Order the Rockefellers and Kissinger outlined back in their late 1950’s NWO implementation plan…
                      nwovision26su
                      …From Prospect for America: The Rockefeller Panel Reports

                      Take special note of the first passage: “The hoped-for result is peace in a world divided into smaller units…” So is the EU a “smaller unit”? No, an EU superstate with its own army is a larger unit than its constituent nation-states, so it clearly wasn’t built to be part of the real New World Order. Rather, it was built as an expendable tool to help the globalists get to the New World Order.

                      So what was the EU’s raison d’etre, you ask? To tie as many European nations as possible into a political and currency union, then crash the union to create political and economic chaos. And on the currency side of it, they put the planned result of this crash right on the cover of The Economist back in 1988…
                      ecophoenixxx
                      …From Mainstream globalist propaganda reveals East/West conflict is a farce

                      On the cover, you see national currencies burning in a bonfire (The Great Economic Crisis of 2016), as well as a phoenix arising from the flames (in 2018). This phoenix represents a new global currency, and this is what the article said about it…

                      >>> THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century…

                      …The phoenix would probably start as a cocktail of national currencies, just as the Special Drawing Right is today. In time, though, its value against national currencies would cease to matter, because people would choose it for its convenience and the stability of its purchasing power…

                      …The phoenix zone would impose tight constraints on national governments. There would be no such thing, for instance, as a national monetary policy. The world phoenix supply would be fixed by a new central bank, descended perhaps from the IMF…

                      …Governments are far from ready to subordinate their domestic objectives to the goal of international stability. Several more big exchange-rate upsets, a few more stockmarket crashes and probably a slump or two will be needed before politicians are willing to face squarely up to that choice…

                      …Pencil in the phoenix for around 2018, and welcome it when it comes. <<<

                      By the way,why do you say what you have said?

                      Regards

                      Qua

                      Comment


                      • "By the way,why do you say what you have said? " I have 1500 posts. Not sure exactly what you are referring to.
                        Mankind proposes,,, nature disposes.

                        Comment


                        • Political revolt. What is next?

                          It's beginning to look like Brexit may pop the bubble in European finance. Voters with money voted to stay. Voters without money voted to leave. Regulatory capture allowed the bankers to squeeze the wealth out of the productive sector. That sector is now revolting.
                          The End Game Of Bubble Finance——Political Revolt | David Stockman's Contra Corner
                          This bubble is looking pretty thin; Bonds Ain't Buying It | Zero Hedge
                          Bank of America has some advice; Bank of America: "If You Are Going To Panic, Panic Early" | Zero Hedge
                          The technocrats are trying to push ahead with their vision of utopia; EU referendum: German and French to unveil European superstate blueprint post-Brexit | Politics | News | Daily Express
                          The EU was anti-democratic and a great thing for the bankers in London; The Collapse of Western Democracy
                          The EU was a coup over democracy by the technocrats. That's why there was no voting allowed. The British referendum was only barely allowed. And then, only because it was non-binding. The technocrats didn't want to take a chance on things going wrong. Now, 8 other States want to exit.
                          Stockman's Corner
                          The End Game Of Bubble Finance——Political Revolt

                          OK, so do the technocrats just ignore the votes and squash everything? They already have political revolt. Will they risk open revolution?

                          6/29 Italy eyes €40bn bank rescue as first Brexit domino falls – Telegraph
                          6/29 Economic predictions for summer 2016: the Epocalypse keeps crashing – SafeHaven
                          6/29 Oil-rigged states face a full-blown economic budget crisis – CNBC
                          6/29 A Brexit currency domino effect – Seeking Alpha
                          6/28 Brexit economics: financial destabilization of Europe? – Daily Bell
                          6/28 Brexit: new conflict between populism and globalism as chaos looms – Daily Bell

                          Comment


                          • Greenspan says; return to the gold standard

                            "Remember that the period 1870 to 1913 was one of the most aggressive periods economically that we've had in the United States, and that was a golden period of the gold standard. "
                            "But speaking of crises, Greenspan warned that fundamentally it is not so much an issue of immigration, or even economics, but unsustainable welfare spending, or as Greenspan puts it, "entitlements." No kidding,, what about all the money spent on immigrants who will never work?
                            "Greenspan then went on to bash the false "recovery" narrative, warning that "the fundamental issue is the fact that productivity growth has ground to a halt."
                            No kidding, maybe that is because the bankers took all of our money.
                            " We are running out of people. In other words, everyone is very pleased at the fact that the employment rate is rising. Well, statistics tell us that we need more and more people to produce less and less. " He doesn't mention that GOV people like him produce nothing.
                            "Of course, Greenspan ignores his own role in the creation of the boom-bust cycle which has doomed the world to series of ever more destructive bubbles and ultimately, hyperinflation which will likely be unlashed once the helicopter money inevitably arrives."
                            "If we went back on the gold standard and we adhered to the actual structure of the gold standard as it exited prior to 1913, we'd be fine. " Gee, maybe we shouldn't have let the FED and central bankers take us OFF the gold standard. 1913, we got the FED. In 1920, Chairman Benjamin Strong started selling discounted treasury bonds on the secondary market,,, quite illegal. Congress made it retroactively legal rather than slapping down Strong. Just 16 years later, the FED had inflated the credit supply until we crashed in the Great Depression 1.
                            How can anybody expect a parasitic banker to run the producing economy?
                            Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard | Zero Hedge
                            Last edited by Danny B; 06-30-2016, 12:35 AM. Reason: forgot the link,,, mis smellign

                            Comment


                            • Germany looting Europe... The SKEW index

                              The short story is; Greece crashed because it can't compete with Germany as far as productivity goes. It was locked into the same currency but much less productive. Great Britain is following in the steps of the Mediterranean countries. It has it's own currency but, it still has to trade with the EU currency bloc. Germany has a great advantage and wants EVERYBODY to stay in the union. Britain pays $ 10 billion in taxes to the EU and is slowly going bankrupt.
                              Revenge Of The Rubes - Why The Days Of The Financial Elite's Rule Are Numbered | Zero Hedge

                              The Germans call Brexit; a bad joke. "Helpless In The Face Of British Chaos" - What French And German Newspapers Are Saying Today | Zero Hedge

                              Marc Faber,
                              “In the 13th century we fought the Hapsburg Empire to be free and not to have foreign justice and foreign laws and not to pay taxes to foreign overlords,” he explained.
                              “This is precisely what the EU does with all the countries. They want to impose courts of justice, taxes, regulations, new laws and most of which inhibit economic growth. This is a victory for freedom and for people, the Brits.”
                              "Brexit Sends A Clear Message To Sick Political Elite" Marc Faber Sees "Only Good Contagion" | Zero Hedge

                              The VIX is the fear index and it is going down. http://www.zerohedge.com/sites/defau...28_EOD11_0.jpg
                              BUT, the SKEW is the true picture; http://www.zerohedge.com/sites/defau...k%20swan_0.jpg

                              The SKEW is up in the stratosphere; http://www.zerohedge.com/sites/defau...628_Skew_0.jpg
                              http://www.zerohedge.com/news/2016-0...x-just-went-11

                              6/30 There are now $11.7 trillion worth of bonds with negative yields – CNBC
                              SO, the value of bonds is going down. This is seen as a rise in the attractiveness in gold. NIRP has made gold attractive as a store of value. The "best" store of value is the one that is universally regarded. AND the one that is least susceptible to GOV theft.

                              Comment


                              • Brexit,, another sign of control slipping away

                                The Financial Times is the mouthpiece of the elite crowd. They have a good article about the elites being quite worried about the emerging populism. Pox Americana went to great lengths to convince the Brits to stay in the union.

                                Never before has a sitting US president visited a fellow democracy in a bid to sway an election. Nor, until now, have 13 former US secretaries of state and defence risked addressing a letter to a foreign electorate with the same motive. Ditto eight former Treasury secretaries and five former supreme commanders of Nato."
                                The article goes on to lament the woes of the power brokers. Why is America so alarmed by a Brexit vote? - FT.com
                                The Anglo-American alliance has been quite successful at thrashing the world in the name of empire. The American half doesn't want the British half losing influence in Europe.

                                Here is another article decrying the loss in productivity. Even Mish seems to miss the point that consumption went absent BEFORE productivity dropped. A huge cohort of Americans have seen their income drop or even, disappear. The world is deflating and the CBs insist that they need inflation. Which IS true but, it is necessary to maintain the credit bubble and NOT the economy.
                                https://mishtalk.com/2016/06/30/expl...-in-one-chart/

                                The 2008 meltdown was primarily in mortgage bonds. The great leverage today is primarily in sovereign bonds. A repeat of the previous bond collapse would find GOV bonds in serious trouble. Dr. Jim Willie: The Corruption Cannot Stop the Masses! 3 Part Interview (Videos) | Politics

                                All this hot money floating around is expected to move into food commodities in a few years; FEMA Contractor: Unrest After 395% Food Price Spike Coming Soon
                                The EU was formed as a technocracy that tolerated only a minimum of democratic control. The technocrats have broken the bank and crashed the system. Apparently, the technocrats aren't as smart as they believed. Ron Paul has come out and said that the EU will become dysfunctional very soon. He said popular sentiment has killed it.

                                Comment

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