Economic pressures

[Danny B]

Dilling X: The Jews and Marxism — Socialism — Communism

The Federal Reserve Bank is a consortium of 9 Zionist Jewish-owned & associated banks with the Rothschilds at the head:

$1. Rothschild Banks of London and Berlin.

$2. Lazard Brothers Banks of Paris.

$3. Israel Moses Seif Banks of Italy.

$4. Warburg Bank of Hamburg and Amsterdam.

$5. Lehman Brothers of NY. (no more)

$6. Kuhn, Loeb Bank of NY (Now Shearson American Express).

$7. Goldman, Sachs of NY.

$8. National Bank of Commerce NY/Morgan Guaranty Trust (J. P. Morgan Bank - Equitable Life - Levi P. Morton are principal shareholders).

$9. Hanover Trust of NY (William and David Rockefeller & Chase National Bank NY are principal shareholders).
The Federal Reserve - Zionist Jewish Private Bankers

"Theory of civil polity which advocates public collective ownership, production, and distribution. Jews have been prominently identified with the modern Socialist movement from its very inception. " SOCIALISM - JewishEncyclopedia.comThe 50 most influential Jews of 2014: 1-10 - Jewish World - Jerusalem Post

Both the U.S.S.R. and the EU have demonstrated that central control of a large economy can never work. That doesn't stop the PTB from trying. The Eurocrats were told in the beginning that a currency union without a debt union had NEVER worked. They went ahead anyway and have admitted that they knew that it would all crash down.
Apparently, "they" will continue to crash "capitalistic" economies until we figure out that top-down control of socialism is the way to go. The Irish voted down the Lisbon treaty. They were forced to keep voting until they finally got it right.
We will have our crash and then, we will figure out that socialism is the best way to go.
What about China?
"GLOBAL GOLD: On the other end of the world, Russia, China, and India are amassing great amounts of physical gold. Do you think that they are heading towards a gold standard?

No, I don't think so. The gold standard to them is the same as holy water is to the devil. The governments of these counties are out and out socialist. Socialists do not believe in the gold standard because a true gold standard imposes the obligation on banks and governments to meet their liabilities by paying out gold. The gold standard is a thoroughly decentralized system, the very antithesis of central planning."
"Russia, China and India use gold for propaganda purposes that have nothing to do with sound money. The hints they drop about gold are disingenuous, and therefore we should question their motivation to accumulate more gold."
Prof. Fekete About Gold and The Debt Society | Claudio Grass | Safehaven.com
Bernanke called gold a , "barbaric relic". Socialism demands unfettered currency growth to support an ever-increasing parasitic class. It ALWAYS blows up as evidenced by the U.S.S.R. Socialism negates motivation and breaks the bank. BUT, it is a fine arrangement for those at the top.

[Danny B]

Sell The Bonds, Sell The Stocks, Sell The House —–Dread The Fed! | David Stockman's Contra Corner
MANY investors are deserting the markets BUT, they are putting their cash in the banks. This money is an unsecured loan to the bank. The bail-in laws are in place to "legally" take the investors money to satisfy claims against the bank. The banks were recently downgraded. Let the depositor beware.
All that cheap money brought enormous over-building of capacity in MANY areas. Yes, you can build it but, is it needed? Global Deflation Alert—-Even Goldman Takes Axe To Iron Ore Forecast, Industry In Hibernation | David Stockman's Contra CornerMarkets Brace For More Fund Liquidations As Record Outflows Slam Debt Funds | Zero Hedge
Armstrong said that the pilot is dead. Stockman said that the pilot is blind. I vote for "stupid". Maybe that was the idea all along. Put a nincompoop in charge to get the crash rolling.

[Danny B]

The Markets Edge Closer To Collapse – What About The Derivatives? | SilverDoctors.com
When big players leave a fund, it starts a downward spiral of redemptions and illiquidity; Financial Tremor Watch: Monster Out of the Bottle | Winter Watch
The Canadian dollar is weakening; CAD to USD: This Could Lead to a Canadian Dollar Collapse
Ron Paul says that we need the markets but, not the FED. We Need the Market, Not the Fed - The Daily Reckoning
This is only technically true and depends on the pronoun. Some people need the FED to keep crony capitalism and the welfare state alive. People who are actually producers of things that are needed (not the F-35) don't need support from GOV. There is a long list of people who don't supply anything that is needed in the economy.
The State works VERY hard to convince everybody that society and the State are inter-dependent and irreplaceable. NOT true. The State is in the process of grinding down the economy and society for it's preservation. Aware of this downward path, the State is unfolding the police State to insure that society does NOT exit from it's warm embrace.

[Danny B]

Judge Anna von Reitz

Kinda interesting, The Truth about Karen Hudes, the World Bank and Your Gold | Banksters
Who knows?
Kinda like Benjamin Fulford, Ascension with Mother Earth and Current State of Affairs: Benjamin Fulford Update - December 15, 2015
It's entertaining.
EDIT: Here is a REALLY cool visualization of all the money and debt;

[wayne.ct]

RE: The Visualization of "Money"

In one aspect, this illustrates one of the points that seems particularly relevant to my way of thinking. If you were to classify the various parts of the visualization into two categories, I would do it like this. In one category would be "real" property, mainly gold, silver and land. In the other category would be paper "claims" on various forms of property. I don't see how you could come to any other conclusion than this. The paper claims far exceed the real "stuff" that a common person would identify as valuable.

My conclusion is pretty much the same as what I already have thought. Without a trustworthy judiciary and public confidence in the "system" the whole economy is at risk. It is only a matter of time if the current trend continues. The end of this seems pretty clear.

[Danny B]

Damn, my fairly long post went up in to the ether.

[Danny B]

Power corrupts and th central banks are a focus of power

Wayne, all the various paper claims are claims on future productivity and have varying degrees of "moneyness". They are listed in Exter's pyramid.

http://www.goldcore.com/ie/wp-content/uploads/sites/19/2015/08/exter_pyramid.png

Gold Bullion, The Fed, Exter?s Pyramid - When John Exter Met Paul Volcker

Said differently, "Matt King:"The Risk Is That Central Banks Created A Monster That Drives The Economy On The Way Down""
Matt King:"The Risk Is That Central Banks Created A Monster That Drives The Economy On The Way Down" | Zero Hedge
The bankers have LONG tried to get control of the whole economy. There is NO possibility that they are capable of running the whole economy; $20,000 Gold And The End Of "Pollyanna-ish Do-Goodery" | Zero Hedge
Don't forget the blockchain; This Is How the Dollar Gets Replaced — Capitalist Exploits
Now is not the time to retire to Mexico; http://wolfstreet.com/2015/12/19/str...-to-the-abyss/

Academia has become a fossilized turd as far as economic investigation and conclusion goes. They are looking in a rear-view mirror made out of a foggy piece of aluminum foil.
With the net, EVERYBODY who has some kind of inspiration can be heard. Charles Huge Smith and Nicolle Fosse are both very good. Here is a discussion of differences of opinion on the exact nature and import of velocity of money. http://www.theautomaticearth.com/201...ican-consumer/

The idea of one-world GOV is to have a central body of bankers and technocrats running every detail of the economy and society. This didn't work very well in the U.S.S.R and it isn't working very well in Brussels. The world-improvers are now faced with the spectre of mass revolutions.

[Danny B]

Are Terrorists Smarter Than We Think? | Armstrong EconomicsOne Reason Not to Vote Republican | Armstrong Economics
Academics to Get $100 Billion a Year to Investigate Global Warming
The first Christmas tree in NYC was erected in 1931 during the worst year of the Great Depression. During this time, almost all of the foreign sovereign bonds defaulted on Americans and caused massive bank failures. Currently, there are about $ 7 trillion in EM debt that is scheduled to default. The dollar is getting stronger because of currency flight into America. Every time the dollar goes up, it is that much harder to service debt for foreigners. The Move to America — the Great Capital Migration | Armstrong EconomicsMy Cyclical Approach | Armstrong Economics

In 1931, the sovereign debt crisis and banking system collapse began in Austria with the failure of Credit Anstalt, which was partly owned by the Rothschilds. The bank was forced to absorb another bank and a secret loan was created in London off the books to hide the insolvency to do the merger for political purposes. When that failed to be enough, the whole scam was exposed and a CONTAGION spread as people wondered what government had manipulated behind the curtain.
There is no hope of trying to reason in Brussels. This is beyond hope. We must crash and burn until the end for they will NEVER admit the slightest error in their ideas. Why Europe Will Collapse: Schultz’s Outrage at Poland | Armstrong Economicshttp://www.armstrongeconomics.com/archives/40762

http://www.armstrongeconomics.com/archives/40536

How can politicians run for office and vow to alter the future if they cannot manipulate the business cycle? Communism and socialism have failed because they attempted to alter human nature to manipulate the business cycle. Most modern economists accept, as a general rule, that they can manipulate society and the economy. Therein lies their self-interest and this is why they do not want to examine if what we have revealed exists.

http://www.armstrongeconomics.com/archives/40578

Many States are selling off the family jewels; http://www.armstrongeconomics.com/archives/40593http://www.armstrongeconomics.com/archives/40582

[wayne.ct]

Two edged sword?

You read much more widely than I do, Danny, so I hesitate to argue. I do see, however, that we differ in our opinions. I seem to see a double-edged issue building and I wonder if you would like to comment.

The established players in the economy have to choose to behave within the laws of accounting and ethics. The only alternative is fraud and that carries a high risk. Therefore, like Armstrong says, they MUST find something, anything of value, to sell if they suffer financial reverses. And, of course, the risk of financial loss is with them continuously.

I think it was Armstrong that predicts that "they" will choose to sell gold and cause another drop in the price of gold relative to federal reserve notes and other such. Now, if paper assets go down in value relative to gold I would suppose they would sell some of their gold. Conversely, if gold goes down relative to paper assets I would suppose they would sell some paper assets. One question would be whether this is correct or if the opposite case would apply. Gold up, sell paper. Paper up, sell gold.

If "they" rely on flawed economic models, it seems impossible to predict what they would do. Hence, volatility is in the offing.

Exter's pyramid is quite revealing, but it shows the huge imbalance between paper assets on the one hand and tangible? assets on the other. There is much more paper around to sell, buy, trade, etc. Which seems to tell me the banks would find it much easier to "sell" paper than to "sell" gold. Is there really much downside to gold?

Well, I just put this out for comment. I don't know how long this may take to play out.

[Danny B]

gold, the motivator

Wayne, by all means, differ, differ, differ, differ. I can only give my opinion based on what I know and read. It would be some kind of miracle if everything that I posted were true. Venezuela is selling their gold. NOT because they want to. When a person or a State is in economic difficulty, it is very hard to sell promises (bonds). They sell what they can, NOT what they want. Gold moves from weaker hands to stronger hands. You only sell your gold in DIRE circumstances. Otherwise, you hold on to it for your family in case they are later in DIRE circumstances.
There are times when you sell gold if the price rises too high and you feel confident that it is due for a correction. When silver hit $ 50, everybody knew that it couldn't last.
True security is your health and your skills. Gold is a backup. Consider gold as a motivator,,, for both good and evil. Your skills will support you but, gold will get you out of a jam. Silver is good but, diesel fuel is probably second to gold.

[Danny B]

permanent demolition derby

The headlines are getting more vivid; Wall Street has the Death Star Pointed at the Bond Market ...
When commodities were booming, most States ramped up their spending based on a higher level of income. That income has come to a halt and these States don't want to cut back. The Real "Death Cross" Of Oil Markets | Zero Hedge
The New World Disorder; Et Tu, Brute? (How Empires Die) | International Man
Sooner or later, the world is going to have to face up to the fact that full employment is a thing of the past. The World of Work Has Changed, and It's Never Going Back to the "Good Old Days - The Wall Street Examiner
The Central banks are trying to force-feed money into the economy to compensate for the widespread loss of wages; The Keynesian Recovery Meme Is About To Get Mugged, Part 1 | David Stockman's Contra Corner
Seems that there is a wild card in every deck; http://www.theguardian.com/society/2...ibiotic-misusehttp://kunstler.com/cluster****-nati...stmas-present/

Kunstler used to pound on the "peak oil" drum but, not lately. Russia, Iran and Saudi are pumping like crazy but, Yemen is attacking Aramco. The House of Saud is imploding by itself without help.
The banks are there to service the productive economy, NOT suck it dry. China, Russia and others are doing currency swaps. This completely bypasses the banks.
In America, finance adds 19% to the cost of trash collection and 78% to the cost of public housing. The average is 50%. The bankers create a 100% markup on everything. If China and Russia successfully bypass the banks, they will always be the low-cost producer in the global market place.
Also, every $1 removed from the economy by taxes diminishes productivity by $ 3.
Typically, America the Beautiful invades and trashes any State that tries to evade the dollar and the FED. Russia has a ROBOT factory building the S-400 weapons night and day. Iran has an Exocet factory that has saved them from israel,, so far. The IDF told Netanyahooo that it expected to receive 11,000 missiles a minute in the case of an attack. He replied that it would be bad but, he was prepared to accept the damage.
As the S-400 is spread around the world, more and more States will stand up to Pox Americana.

In "Men in Black", the giant bug called us 'meatsacks". This is quite true. FRAGILE meat sacks. As the destructive power and range of weapons increases, there are fewer and fewer places that are safe. Cyber war provides an endless list of targets. MAD is returning with a vengeance and the military knows this very well.
When congress asked how long out aircraft carriers would last in a war, they were told that they would last 1 week if they stayed in port and max, 3 days if they left port. That was decades ago. EVERYTHING is a soft target and man is the softest of all.

[Danny B]

Trying all the moves that have failed before

There are 3 embedded vids from Paul Craig Roberts in this article; Paul Craig Roberts Warns "Everything Is Disintegrating" | Zero Hedge
Several other States can produce steel for less money. The miracle of globalism drives out high-cost producers. Obviously, the answer is high tariffs. U.S. Calls for 256% Tariff on Imports of Steel From China - Bloomberg Business
This was tried before with the Smoot-Hayley act. Naturally it cut back on international trade and everybody lost. Currency wars and trade wars are usually initiated to maintain market share AND employment. Not going to happen here.
The price of diesel fuel is way down. Just the same, that isn't enough to save the trucking industry. They need CONSUMPTION, not cheap fuel. Class 8 truck sales are down 58% y on y. Defaults in the transportation industry have gone way up. Graph; Stress Levels Building Up: Mountain VisionHussman Funds - Weekly Market Comment: Reversing the Speculative Effect of QE Overnight - December 21, 2015
The FED pumped in all that QE money that helped 1/2 the economy and hurt 1/2 of the economy. That hurt is spreading to everybody.
The surprise index; Surprising Surprises | Michael Ashton | Safehaven.comWell, I guess they should be. Ah yes, bricks and mortar are dying.Don't worry, the BLS will "fix" everything.
This one is easy to follow; http://imgur.com/a/kjh0s

[Danny B]

non-viable States,,,, Putin and Hnederson

"Total American aid to Israel since 1949 exceeds $121 billion (in non-inflation-adjusted dollars).

In 2007, President George Bush and Israel entered into a 10-year Memoradum of Understanding that would give Israel $30 billion in Foreign Military Assitance.

At the completion of this 10-year-plan in 2018, the U.S. will have given Israel $30 billion in unconditional military aid. The United States awards this grant in one lump sum, unlike other foreign recipients, "

Israelis poised for mass strike over wages
Israelis poised for mass strike over wages - Shiitenews.org - Larghest Portal of Shia News from allover the World
We give them $ 10 million a day and they still can't make it. A few years ago, protesters built a nifty guillotine and placed it on their encampment on Rothschild Blvd. Guillotine display stuns Rothschild's 'tent city' - Israel News, Ynetnews

Britain is in a lose-lose situation. " This will ensure that London will self-destruct as a financial center in the world. " Cameron Selling out Britain? Pound to Fall to 55 cents? | Armstrong Economics
Russia has historically been controlled by organized crime but, they are cracking down. Corruption Busting: Bribe Takers Rooted Out at Russian Ministry of Defense
You can send a letter to Putin that even has a "button" to report corruption. Send a Letter to the President

Dean Henderson has a VERY interesting plan for escaping the clutches of the eight families that own the FED, https://hendersonlefthook.wordpress....-reserve-debt/

[Danny B]

spending more than we earn

Who knew? The Pope is a "doomer". Pope Goes Full Doomsday: "For Those Who Celebrate Christmas... It May Be Their Last"
After WW II, America was the manufacturer for the world. We lost our job. GOV promised that things would get better forever. Too many people believed them. GOV doesn't want to disappoint them so, it is running up the debt by about $ 1 trillion a year.
#38 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, only about 65 percent of all men in the United States have jobs.

#39 The labor force participation rate for men has plunged to the lowest level ever recorded.
58 Facts About The U.S. Economy From 2015 That Are Almost Too Crazy To Believe
None of this is a surprise if you look at the dynamics of globalization. We have 23% unemployment.
#7 As I mentioned yesterday, U.S. manufacturing is contracting at the fastest pace that we have seen since the last recession.

#8 The velocity of money in the United States has dropped to the lowest level ever recorded. Not even during the depths of the last recession was it ever this low.
Alarm Bells Go Off As 11 Critical Indicators Scream The Global Economic Crisis Is Getting DeeperThe incredible shrinking middle class: Half the country is either living in poverty or damn near close to it - Salon.com
Our long, slow slide into poverty is picking up speed as the jobs move to our low-cost competitors. We believed GOV when it said that it would take care of us. FED GOV has about $ 212 trillion of unfunded liabilities. (Kotlikoff).
Our credit binge held off poverty for a while but, not forever. Dear middle class: Welcome to poverty - Salon.com
Under our current tax structures, it isn't going to get better for the not-wealthy; http://www.salon.com/2014/10/23/pike...tinct_partner/
The 1% may have all the wealth BUT, most of that wealth is dependent on the production-consumption cycle.
#4 Corporate debt defaults have risen to the highest level that we have seen since the last recession. This is a huge problem because corporate debt in the U.S. has approximately doubled since just before the last financial crisis.
Sooner or later, the mega-rich are going to discover that wealth has to be spread around a bit or the whole economy dies. Revolution follows because the poor have nothing left to lose. The mega-rich have put the squeeze on us by blocking all price deflation even as our productivity rose and rose. There will be a reckoning.

[Danny B]

Oil for food,, what happens when the oil stops?

There are many States who have let their population outrun their food-producing capacity. Many of these States rely on oil revenues to feed their people. Oil revenues are way down but, the people still expect to eat.
Extreme Oil Bears Bet on $25, $20 and Even $15 a Barrel in 2016 - Bloomberg Business
PressTV-Cheap oil to continue 4 more years: OPECThe Dollar Shortage Has Arrived: Africa Runs Out Of Dollars | Zero Hedge