Thursday, October 10, 2019
ORIGIN OF THE TRUMP, RUSSIA INVESTIGATION: Meet Alex Chalupa, DNC opposition researcher on Ukraine
While the DNC has been accusing President Trump of colluding with Russia, turns out they were using similar tactics in Ukraine. Meet Alex Chalupa: the opposition researcher working with the DNC to find dirt on Trump, Paul Manafort, and their connections to Russia. Financial records show she's been on their payroll for years now, and hacked emails expose her efforts to take down the President. And it's not just Alex. Her two sisters have been working towards the same goal too! Weakens the impeachment argument just a bit, right Adam Schiff?
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
John Stossel Interviews Tulsi Gabbard
Tulsi Gabbard will be in the Democratic debate next week. John Stossel says that's good, because she's different from the other Democrats.
One difference is that she served in Iraq, and now pushes for ending wars. "We have to honor our servicemen and women by only sending them on missions that are worthy of their sacrifice," Gabbard tells Stossel. Instead, American interventions are often open-ended. "There's seldom a discussion that I've heard about what is our mission," Stossel says. "Exactly! That's exactly the problem ... what is the clear, achievable goal?" Gabbard responds. She says her Afghanistan policy would have been: "Go in. Defeat Al-Qaeda. Get out." Gabbard also says: talk with our enemies. She met with Syria’s dictator. The media and other Democratic candidates give her grief for that. CNN's Chris Cuomo lectured her: "You need to acknowledge that Bashar al-Assad is a murderous despot." Kamala Harris called Gabbard an "Assad apologist". "What's going on with your party?" Stossel asks Gabbard. "Democrats used to the antiwar party." Gabbard responds that both parties are "heavily influenced by the foreign policy establishment ... whose whole power base is built around continuing this status quo. So much so to the point where when I'm calling for an end to these wasteful wars, they're saying, 'well, gosh, Tulsi, why are you such an isolationist.' As though the only way that we can relate with other countries in the world is by bombing them, or by putting crippling economic sanctions in place." Stossel also asks Gabbard about taking down a Democratic front-runner. In the fourth debate, she criticized Kamala Harris for her history of jailing people. "She put over 1500 people in jail for marijuana violations and then laughed about it when she was asked if she ever smoked marijuana," Gabbard said in the debate. That moment changed the race. Harris lead in the betting at ElectionBettingOdds.com, with a 26% chance of winning the nomination. During the debate, she fell seven points. 10 days later, another seven points. "You killed her off," Stossel says. "I'm for the people, man," Gabbard replies, laughing. "I was speaking the truth, and speaking for a lot of people." Gabbard and Stossel argue, too. Like most democrats, Gabbard would spend billions on expensive new programs. She backs Medicare for All and free college. "Don't you think colleges already waste a lot of money?" Stossel asks. Gabbard agrees, “They do. Absolutely. Why is it costing more and more and more every single year?" “Look how much more it will cost when it's free,” says Stossel. Gabbard responds, "we have to deal with ... the root cause of the problem. One of which is ... how much administrators of a lot of these colleges are being paid or overpaid." Stossel and Gabbard also argue over her proposal for a $15 minimum wage. "How does that not destroy opportunity for a 17 year old in his first job who isn't worth $15 an hour?" Stossel asks. "I think we're looking at this as an investment in people," Gabbard answers. In the end, Stossel says, "I'm glad we could have a civil argument about some of these areas where we disagree. Few politicians want to do that anymore." She adds: "Look, I love my country. You love our country. Let's come together as Americans with appreciation for our Constitution, our freedoms, civil liberties and rights, and have this civil discourse and dialogue about how we can move forward together." That's just a fraction of Stossel's full 45 minute discussion with Gabbard. The full interview will be posted later this week.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Why EU & Trump want to destroy Huawei
The European Union has warned member states of working with “hostile countries” to deploy 5G wireless technology. RT America’s Sara Montes de Oca joins Rick Sanchez to discuss the West’s continuing campaign against telecommunications giant Huawei. Then economist and founder of “Democracy at Work” Dr. Richard Wolff shares his expertise. The IMF’s austerity deal with Ecuador’s government has resulted in massive, violent protests in the capital city of Quito. RT’s Nicholas Sanchez O’Donovan reports from the scene. Then Andres Arauz, former Ecuadorean Central Bank official, weighs in on the protests. RT America’s Rachel Blevins reports on the Turkish invasion of Syria before Maj. Danny Sjursen, retired US Army officer and former West Point instructor, weighs in on the topic. Plus, former director of Government, Public and Family Affairs at the National Transportation Safety Board (NTSB) Jamie Finch joins Rick Sanchez to discuss the FAA’s plan to allow airplane seats to be made even smaller.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Max Keiser : America is a corrupt hospital disguised as a country
Markets! Finance! Scandal! Keiser Report is a no holds barred look at the shocking scandals behind the global financial headlines. From the collusion between Wall Street and Capitol Hill to the latest banking crime wave, from bogus government economic statistics to rigged stock markets, nothing escapes the eye of Max Keiser, a former stockbroker, inventor of the virtual specialist technology and co-founder of the Hollywood Stock Exchange. With the help of Keiser's co-host, Stacy Herbert, and guests from around the world, Keiser Report tells you what is really going on in the global economy.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
The FED Announces "Organic Growth" & QE Infinity-- Economic Collapse -- Stock Market Crash
REPO Loans are continuing on a nightly basis and have been extended up to November 4th. Expect them to be extended again after that date. The Larger Banks are in trouble folks!! Bailout 2008 all over again. But on steroids!! And done in a covert way! The Fed is trapped . Interest rates cannot rise. They will QE until the dollar dies. Get Set!! Welcome to The Atlantis Report . So Powell announced yesterday in a press conference that the FED is going to do Quantitative Easing QE sooner , except they are not calling it QE . QE while we are in the midst of The Greatest Economy Ever . And They don't want to admit that this is QE because they don't want interest rates to go up and collapse the economy". Powell called it "organic" balance sheet expansion. It's the second time he has used the word "organic" when referring to fed money printing. They must believe that adding the word organic makes it sound like it is good for us. Like organic food. right? "Organic growth." ! He makes it sound so natural and serene. Since when is ARTIFICIAL money and credit creation ORGANIC! Nothing but lies from these minions . Many organic trees will be sacrificed for all the paper used adding to the balance sheet. Its organic growth only to the degree its organic death. Organic growth means buying more “toxic debt” being generated by banks so tax payers foot the bill. There's nothing organic about it, other than the Fed being another organ of the state. As if somehow negative rates, QE and backdoor operations are just the natural flow of free markets. This couldn't be further from the truth. Our economy is a vegetable. Life support through debt is where we are at. Organic growth means buying more “toxic debt” being generated by banks so tax payers foot the bill. Buying hundreds of billions of dollars of overpriced toxic assets, exclusively from member banks, with electronic debt conjured from thin air and guaranteed by the US tax payer, and locking it away on Maiden Lane ,Excel spreadsheets never to be rolled off, is known as organic growth . In a debt based system, you need more debt, without debt we have no system. The Fed took the easy way out. The Feds QE is now Semi Permanent. The Fed has just admitted that the banks are insolvent the past month with the repo interventions, talks of interest rate cuts & balance sheet expansion. Global central banks are embarking on the greatest theft of wealth and property in human history. This will be the end of the fiat monetary experiment. The Fed's action proves that you can't taper a Ponzi scheme. Call it what you will, the Fed is pumping more money into the system so that previous "investors" don't lose money. QE is the most fundamental aspect of a wealth confiscation scheme . The bubbles are already popping in UK with Thomas Cook and pizza Express going belly up , guess why too much debt; who would have guessed . The US is too deep in debt to have any remedy . Big Government is sucking up resources which impoverishes all except the select few. Too many laws and regulations advocated by special interest groups have destroyed domestic manufacturing and industry; US adoption of socialism has killed the goose that lay the golden eggs. Market axioms are irrelevant at this juncture, because every aspect of the economy is manipulated. Powell, like all other high-ranking Fed official, is lying . We must never forget that the Fed is part of a worldwide criminal organization ,an organization that has a Central Bank in 197 out of 200 countries. That criminal organization has ONE GOAL : to steal all of the wealth of the world and to use that wealth to amass power and control over EVERYTHING. This, in a nutshell, is why these criminals have to be taken out of circulation, stripped of all the wealth that they've stolen and, lastly, bulldoze every building connected to a Central Bank. Do this and a large amount of the world's problems will disappear almost overnight. Don't do this and continue watching as they STEAL EVERYTHING - wealth, rights and freedoms. The Central Bank Organization is by far the largest, vilest, filthiest, most powerful criminal organization that the world has ever known. It is the first organization in history that can claim having world dominance. The FED completely manipulates the markets the stock markets and the bond markets, Fed officials destroy wealth, facilitate endless wars, and soaring deficits. People that are in paper representations of assets will get destroyed. It was a scam when the government confiscated gold bullion from the people during the Great Depression in return for dollars and then turned around and revalued the gold for more dollars, and when Nixon took us off the gold standard in 1971 , so they could print print print and steal our savings through inflation and force us into risky paper markets. It will be interesting WHEN the government gets rid of paper dollars so they can then enforce negative interest rates to keep people from saving and to keep them spending! Trump wants rates at 0% then he can finance the entire Federal Debt with no interest payments. Then He'll move all forward government to the Treasury and tell the Fed's the debt is your problem boys and will pay it off when we can. From that point on will have a bank holiday and going forward will have a new Treasury dollar. That way the crime family banking clan will be holding all the debt at 0% and the government will be debt free. Brilliant right? Another Merry Christmas, for Savers . You Saved for retirement just to watch it be devalued. As Gas and Food (non essential goods and services) prices skyrocket.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Wednesday, October 9, 2019
France vs. Germany : Which Country is better for Expats , which country has better Economy ?
The classical saying is : France is farming, Germany is making . But this was still mostly true in the ‘80s, before both countries economies slide to anything is services. In fact, this simply means anything is money! Welcome to The Atlantis Report . The same work ethic and the same work hours . The French speak German, as good as the Germans speak french . Germany is mainly an industrial country. France is a bridge country, half industrial, half farming. The French GDP per inhabitant is 44100 euros, per year of course. German GDP per inhabitant is 45000 euros per year. So that's just a 2% difference. If you listen to the people , yes Germany is great and France sucks. However, if you dig deeper, you'll see that French politicians and French people have a taste for lashing them hard. Ask any Frenchmen you know and he'll probably explain you to great length how his country could be better if she had better politicians. In Germany it's reverse, German people are proud of Germany's achievements (and rightly so). The result is France is not as bad as most French people believe and Germany probably is not as good as the Germans believe. Both countries have strengths and weaknesses. For example, if you are looking to ensure quality control on some product, don't do it in France, do it in Germany. The Germans rocks in control and nothing bad will escape their scrutiny. (This is why the Volkswagen scandal was so unexpected). This is why high end industrial goods come from Germany. German cars may not be the most fancy cars, but you know when you buy one that you'll never be disappointed. On the other hand, disruptive innovation is rare from Germany. Which does not matter to their success. If you need to disrupt an industry sector, then France will be better. The French may have trouble to scale and ensure quality while a company is growing up. They are however excellent to design something new from scratch. Remember the Renault Espace ? This was a disruptive car that created it's market segment (and was a huge success). The Minitel may have faded away against the internet, but many French entrepreneurs thrived on the internet because they tried all the business models on the minitel. Illiad S.A. (better known as Free) was one of the first (if not the first) company in the world to offer TV and Phone over DSL lines. I could give you a long list there. So which country will offer you more opportunities as an expat , really depends on what you are looking for. But on the overall these are two rich countries where you could live very well, so you should consider more what areas of economies are working in each countries. And what lifestyle do you want to live.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Is Trump's Next Move to Kick Turkey Out of NATO !?
After yesterday's threats to wipe out the Turkish economy , Trump today is back at it , all this while Erdogan is preparing a full ground invasion of Syria not to mention that Turkey joined today the Russia's alternative to SWIFT . Welcome to The Atlantis Report . President Trump says he will "wipe out" Turkey's economy if Turkish President Recep Tayyip Erdoğan tries to take out the Kurds in northern Syria: "I hope that he will act rationally" Trump tweeted . Asked by a reporter if he was concerned Turkish President Tayyip Erdogan will wipe out the Kurds, Trump replied: “I will wipe out his economy if that happens.” I am pleased to have reached a bipartisan agreement with Senator Chris Van Hollen on severe sanctions against Turkey for their invasion of Syria. While the Administration refuses to act against Turkey, I expect strong bipartisan support. So here we go , America is now selling out the Kurd . US orchestrated this war on Syria and opened a can of worms which may lead to collapse of US military power in the eyes of everyone . Assad curse is spreading beautifully. From now on why would any country in the world want to be an ally of the Americans against say Russia or China . The Baltic states must look at this and think: What were we doing all this time antagonizing the Russians. The Philippines who were antagonizing China thinking that their allies the Americans will defend them are now probably trying to think their strategy . The Kurds betting on the US to come to rescue is really naive . Did they really think the US would go to war with Turkey over some Kurds . Do they really think US would go to war for some Latvia or Poland . Are they really this stupid . This is a good wake up call and a good thing for every country . If the myth of US as a protector of all is destroyed we all can see diplomacy taking over which will bring more peace. Everyone with even half a functioning brain sees the Russians as the lesser of two evils here. They're for stability in the region but they won't sell out their allies, the Syrians. Of course, it's in Russia's interest to align with Syria, as it is in Syria's interest to align with Russia. But they'll honor their commitments and that can be relied on . Can the US allies The Kurd say the same . Not even CLOSE. This what's happening right now : Trump hands Kurd territory to Erdogan . The Syrian Army ramps up offensive in Idlib again . Erdogan turns other cheek but gets to pick which terrorists he wants for his Sunni /Syrian National Army to deploy in Kurd territory . Assad and Russia get Idlib back and they clean up what Erdogan doesn't want . Trump washes away all the bad that's gone afore, becomes MAGA man once more! Quid pro quo . Trump gains leverage over impeachment hounds who desperately don't want the above to happen. Trumpland Waffle House is open 24/7, all that's done can be undone in a series of tweets for twits. Trump gets to shine on his base saying he's living up to his campaign rhetoric. . Election coming, polling is bad, Democrats hounds snapping at his heels. Erdogan gets time to ethnically cleanse the Kurdish areas . Assad and Russia get a huge chunk of the Syrian pie back. Isn't it amazing how whenever Trump talks about leaving Syria something to prevent it happens . Either Assad decides to randomly "gas" his own people, or an "invasion" is conjured up apparently out of nowhere. Erdogan stops threatening Trump Tower Istanbul, and promises to have visiting dignitaries stay there. So will trump try to kick Turkey out of NATO next . this won't be easy , because : First of all there is no mechanism to kick anyone out. Secondly the Turks are fine leaving NATO because they are joining SCO entering Russian led Eurasian Economic Union with free trade and probably as a partner too , which means Azerbaijan will join it too. In the end Turkey is going to play major role in new middle east order with Syria, Iraq , Iran ,Qatar , Yemen etc with Russia and China as a deal makers among them. NATO without Turkey is useless and that is a good thing. NATO has to collapse for the good of all of us. This morning, The Fox invaded The Hen House. The United States does not endorse this attack and has made it clear to The Fox that this operation is a bad idea. .... The Fox has committed to protecting the hens, and ensuring no humanitarian crisis takes place—and we will hold them to this commitment. In addition, The Fox is now responsible for ensuring all foxes being held captive remain in prison and that the foxes do not reconstitute in any way, shape, or form. We expect The Fox to abide by all of its commitments, and we continue to monitor the situation closely. Yeah Right ! Turkey has been playing both sides (East & West), which makes me wonder as to what their role in the region actually is. Playing both sides does not usually end well unless you are a banker.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
This was written for the final generation
This book was written specifically for the people living in the final generation, is that us?
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Is Trump Preparing for War ?
WAR WITH CHINA: The Fed & bank bailout, China investment, Trump preparing for trade war?
Is a US China trade war looming? Because there's definitely something wrong with our banking system. The Fed has recently been loaning banks up to 181 BILLION dollars, a level which surpasses that of the pre-2008 recession and banking crash. Additionally, China just printed 51 TRILLION dollars off their balance sheet. And there was a China investment of almost half of it into U.S. and Western stocks and bonds. That means President Xi can destroy our economy with the push of a button. Is he trying to weaponize our system against us? But it seems President Trump may be taking steps to prevent the potentially looming trade war...the White House is reportedly looking into LIMITING Chinese investments in the stock market, pensions, and mutual funds, AND he lifted an Obama-era law called "Open Skies," which once gave foreign nations unlimited flight permissions over our skies...seems a little coincidental, right!? Either way, something is surely going on.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Glenn Beck : Ukraine, Trump whistleblower SKIPS STEPS to submit report...and Adam Schiff doesn't care
There's a right way to do things, and a wrong way. And sometimes the "right way" is written into actual LAWS citizens must follow. That's exactly the case with how to submit a whistleblower report to Congress, but the recent Trump, Ukraine whistleblower decided to go a bit rogue. So much so that he skipped SEVERAL steps to get the information into the hands of House Intelligence Committee democrats, like Adam Schiff. Schiff and Nancy Pelosi couldn't care less...seems a bit fishy, right?
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Manipulation Gold Price| Something Big Is About To Happen With Gold Price In October, 2019
Manipulation Gold Price| Something Big Is About To Happen With Gold Price In October, 2019
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Turkey Joins Russia's Alternative to SWIFT -- The De Dollarization Continues ...#dedollarization
If you abuse it you pay for it and this is some serious backlash for the US to put pressure against countries that do not follow Washington's dictates. The SWIFT is another fine tool of control that is being dismantled. The trouble with the United States is that it has ceased to be a capitalist country, the United States is now clan-corporate "capitalism", the last stage of which will be American neo-feudalism. Unfortunately the Americans do not see the whole scene. Russians are a people that thrive on hardship, that take suffering in their stride and simply do not give up when the going gets tough. As Putin warned, American sanctions against Russia are a "colossal strategic mistake" and eventually risk undermining the dollar-based hegemony of the global financial system. Welcome to The Atlantis Report . After repeated warnings over the past couple of years, Turkey and Russia have signed a pact to increase use of the ruble and lira in cross-border payments, with Turkey signing on to Russia's alternative to SWIFT, the international telecommunications protocol used by banks and central banks the world over. In addition to Turkey, China and Russia have signed agreements to bolster trade between the two countries, including settling a larger percentage of their bilateral trade in rubles and renminbi. For China, bilateral trade with Russia grew from $69.6 billion in 2016 to $107.1 billion last year. China is Russia's biggest partner for imports and exports. There has also been talk about India joining Russia's SWIFT alternative as Washington continues to threaten New Delhi with sanctions over its decision to purchase Russian-made missile-defense systems. According to Reuters, Russian Finance Minister Anton Siluanov signed the agreement with Ankara on Tuesday. The agreement, signed on Oct. 4, will encourage the two countries to start using Russia's system in mutual settlements. US dollar hegemony is already dead. Alternatives are in place and getting developed at an increasing pace. Its just a matter of time, maybe a decade, till the US is completely unable to fund itself and will have to close down most military bases and reduce its footprint on the planet. Its about time too! SWIFT is a Belgian-based messaging platform that facilitates cross-border payments. The member-owned cooperative connects more than 11,000 banks, financial institutions and corporations in more than 200 countries and territories around the world. SWIFT is not a bank, it doesn't hold money or manage it. It neither initiates transfers nor clears or settles payments. Why is SWIFT important? : Think of SWIFT as the central nervous system of international financial transactions. The messaging platform enables financial institutions to send, receive and track information about financial transactions in a secure and standardised way that facilitates the smooth flow of funds across borders. What happens to a country when its banks get cut off from SWIFT? It can be crippled financially because money transfer information can't be forwarded to its banks. When a country's banks are cut off from SWIFT, it can't pay for imports and can't receive payment for exports. What happened to Iran when it was cut off from SWIFT in 2012? In March 2012, SWIFT agreed to not forward messages to any Iranian bank or individual that had been blacklisted by the EU. As a result, Iran's oil exports plunged from around 2.5 million barrel per day in 2011 to around one million barrel per day by 2014. The 2012 SWIFT ban was widely seen as instrumental in bringing Iran to the negotiating table which led to the 2015 Iran-nuclear deal. When Iranian banks were reconnected to SWIFT following the 2015 Iran-nuclear deal, oil exports increased again. SWIFT cut off a handful of North Korean banks last year. Although SWIFT describes itself as "a neutral global cooperative". There could be consequences if it resists US pressure to cut off Iran again. In 2012, Congress authorized any president to impose sanctions on SWIFT's board of directors (which includes executives from some of the world's biggest banks) if it refused to disconnect Iranian banks blacklisted by Washington. Russia started developing an alternative to the Belgium-based SWIFT financial messaging service in 2014 after a shock caused by the first round of Western sanctions against Moscow which were designed to punish it for the annexation of Crimea and its role in the Ukrainian crisis. Amid escalating geopolitical tensions, Russia feared being cut from the global financial system as happened with Iran in 2012. Central Bank Governor Elvira Nabiullina said last year that Russia had created a system that could replace SWIFT and “nullify” risks of Russia being cut from the global network. More than 400 companies, most of which are Russian, have become members of the Russian SWIFT substitute system. It obviously allows Russia to solve issues related to the sanctions pressure. Moscow has also seen interest in joining the Russia-based system from Arab countries and is ready to start negotiations about creating a switch that would connect the Russian system with the European one. Russia has held talks with China, India, Iran and Turkey about joint use of Russia’s financial messaging system, said Anatoly Aksakov, who heads the Russian Banking Association and a financial committee with the lower house of parliament. “As the system has proved to be viable and efficient, it draws interest from both Russian and foreign players, it is proposed to give any legal entities, Russian and foreign, the possibility to use it,” Aksakov said. America is now being isolated. Countries are dropping the dollar. It's hitting America now and before election 2020, America could be in a "physical civil war." America doesn't have the power anymore. Countries can go other places for what they need. It ain't pretty my friend..! The de-dollarisation is a response to the abuse of SWIFT by the US to make vassals of other nations and to pursue a strategy of damaging rivals to ruin their economies. It is economic terrorism, no less. Did Trump actually think in his 'great and unmatched wisdom' that the world hasn't changed and that old allies we mistreat are just going let themselves be spanked . Every State Has The Right To Independence. Especially from the bondage of the US Empire. The US threatened to cut countries off from SWIFT, that was the main impetus for Russia designing an alternative payment system, once again the US has abused a responsibility and then is surprised when countries develop ways to protect themselves.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Cambodia, China’s latest triumph?
Cambodia is anything but an ordinary country. Located between two emerging economic and demographic powers, Vietnam and Thailand, this small country of fewer than 16 million inhabitants has one of the most horrible, cruel and ruthless histories of the entire continent if not the planet. Between 1975 and 1979 the Khmer Rouge unleashed one of the greatest waves of violence and repression in the history of mankind. But that is the past, in the last two decades the Cambodian economy has averaged an economic growth of almost 8% per year. However, now the country is at a crossroads: looking towards Beijing or the West. And you know what? It looks like China has won the race. In this video we’ll tell you what’s happening with Cambodia, China’s latest friend?
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Doha vs Dubai : What City is better to Travel to ?
Both Dubai and Doha have their pros and cons, so it totally depends on your preferences. I have traveled to both cities and would like to share a few pros of Dubai as well as Doha. Welcome to The Atlantis Report . Both places are highly wonderful and unique. People often choose Dubai because it is blessed with some of the finest landmarks and destinations. They often choose Dubai because it has everything to offer from Burj Al Arab, Burj Khalifa, Dubai Mall, IMG World of Adventure, Miracle Garden, Wild Wadi Water Park, Opera, and many more. Besides that, it is easy to rent a car in Dubai and move around without any trouble. Travelers can go for weekly or monthly car rentals at the most reasonable rates. One of the well-known car rental companies is Selfdrive. Doha is still growing when Dubai is already setup, Dubai has all you want and is liberal, when Doha is still like Saudi and much more conservative and even religious. It really depends what is your lifestyle, shopping is very limited an more expensive in Doha, because a lot is imported from Dubai. many Qataris are going to Dubai as shopping center for updated fashion and high tech. If you prefer austerity and conservative then Doha is better. I think Doha is more real and Dubai is more Disneyland, this said Doha can be boring if you do not like real arabic style. And in real arabic style I would then suggest that Muscat in Oman is even more real and better style. Unfortunately except going to Desert and enjoying food and perfumes there is nothing else to do in Doha or Muscat after a few days. There would be more to do and see in Dubai. You should visit Dubai to view the tallest structure Burj Khalifa, shop in the Dubai Mall, and enjoy at the Dubai Fountain. Don’t forget to book a desert safari for spending time on the sand dunes of Dubai. The Dubai Aquarium and Underwater Zoo is a perfect attraction for those who are traveling with kids. The food, accommodation, and hotels in Dubai would be much more expensive than in Doha as most of them will be super luxurious. On the other hand, if you want to view similar structures and beaches on a budget then you should visit Doha. You will find Doha to be a lot more homely because of its down to earth people and simple lifestyle. The locals follow their traditions perfectly and truly embrace their culture. In Doha, you can view its glittering architecture, beaches, parks, and museums, among others. With its growing structures, very soon Doha will give tough competition to Dubai. So, I would suggest you to visit both the cities as they have several attractions worth exploring. Before you plan your itinerary, you should go through the things to do in Doha and Dubai so that your trip becomes all the more enjoyable. Dubai- By far the best city in middle east in term of infrastructure. Its cosmopolitan and far more liberal. Multiple places to visit based on your interest and accessible by Public transport. Doha- Still in nascent phase of development. City is full of dust because of ongoing construction. It will take minimum 10 years of continuous effort from Government to reach to level of Dubai. Very few places for tourist to explore and visit. In Conclusion : Dubai & Doha both provide a unique & remarkable travel experience to its visitors. Doha is located only a forty-minute flight away from Dubai, however a major difference between the experiences propounded by these cities can make wanderlust choose one ahead of the other. #1. While Dubai offers a much bustling atmosphere, Doha has a much sedate atmosphere. The exuberant & jaunty vibes of Dubai could be cherished with a Dubai Visa. #2. Doha is blessed with a few interesting museums while Dubai doesn’t. Dubai has a plethora of shopping destinations & entertainment parks where tourists are likely to find themselves spending their money. #3. Doha features brunches, night clubs, bars, beach parties & famous D.J oriented parties, but in a smaller number as compared to Dubai. #4. Doha is slightly more conservative than Dubai. #5. Doha is more inclined towards Persian Culture. Visitors will find Arabic-inspired architecture, events & places in Doha, while Dubai offers lavish hotels, shopping outlets & futuristic architecture. #6. Dubai is geared with countless entertainment activities & escapades & suitable for a long holiday break, while all the renowned attractions of Doha could be covered in few days. Both Dubai & Doha offer a fascinating & memorable travel experience, however the choice of selecting one over the other lies with the taste of traveler.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Mall Vacancy Rate Hits 8-Year High -- Amazon is to Blame ?
First there were separate stores and catalogs.,then malls.,now separate stores, and Amazon.Now, Amazon is doing to Walmart what Walmart did to other retailers. NAFTA, Amazon and the baby boomers. The trifecta that destroyed America. It’s obvious to anybody living outside of the Empire’s sheltered compounds. Retail is dying. Large malls, strip malls, and small shops have closed everywhere. Retail is dead, they want everyone penned in like cattle and ordering crap from the internet. The one store that never goes out of business is the liquor store. Welcome to The Atlantis Report . Since June 2015, retail chains have accumulated more than $45 billion in aggregate chapter 11 liabilities in connection with over 80 bankruptcy filings . As a result, the tipping point for US commercial real estate is approaching fast, begging the question whether WeWork's upcoming bankruptcy will be the straw that finally breaks the camel's back. The Malls have lost a lot of diversity of what they once offered back in the 1990's. Now, its primarily all clothing stores, and maybe an Apple phone shop, and a dumpy food court, and that is it. Also, many of the shops that are moving in aren't retail at all, but rather services, like for nails, tattooes, and other useless stuff. Bookstores like Walden's Barnes and Noble and Borders , science stores, hardware and implement stores like Sears and Montgomery Wards, outdoor shops like the Nature Store, community employment centers, pet shops, electronics shops-like Radio Shack, Movie theaters, Bergner's, record stores like Sam Goody's, KB Toys, the Sharper Image, the Imaginarium for kids, even many shoe stores like Payless and Rockport all have closed. Those are all gone. Those clothing stores that are left are having tough competition among themselves in an already over-saturated market, and with customers who simply don't have the money to buy any longer. Those malls will close eventually because of that. This is not to mention anything about the high overhead that the malls charge merchants to rent space there, and the mall's management inability to keep some diversity there to attract customers who want to buy something else other than clothing. It is difficult to quantify all the damage Amazon has done to America as it has burrowed its way into the fabric of society. Amazon is the destroyer of the stores that provide valuable jobs. Amazon's coming Prime Day global shopping event is the perfect time for consumers to just say no to the company that employs an engulf and devour strategy to weasel its way into our lives. It is difficult to quantify all the damage Amazon has done to America as it has burrowed its way into the fabric of society. This company has exploited communities by continually telling consumers it is the answer to a "better America" while it feeds at the government teat. Only after it has wrecked communities leaving many Americans jobless and retail stores sitting as giant empty shells might short-sighted consumers finally see the airs of their way. Amazon is bad for America - it is that simple! An example of this surfaced a while back when it was reported that Amazon would be allowed a two year trial in New York state to ship food to customers and be paid with their EBT cards. This would in effect hammer Amazon's competitors that were not allowed to do the same. While nobody seemed to care this translates into grocery stores willing to locate in poorer areas losing business to a company unwilling to locate in these less desirable markets. This is a rather self-defeating in that it rewards those unwilling to commit to making the community better and damages the brick and mortar stores that will. Not only do these stores pay local real estate taxes and provide jobs for those in the community they also are forced to deal with a huge number of shoplifters. It galls me to no end to see retailers in our communities going out of business as the US Postal Service bends over backward to give Amazon a special edge. This is very wrong! Considering that the USPS has had to purchase special equipment such as larger trucks to deliver packages for Amazon it is not difficult to reach the conclusion the USPS is simply in cahoots with Amazon or willing to sell out rest of American businesses for a few dollars in revenue. On Memorial Day I saw the USPS delivering a package for Amazon. Please name another company that gets this type of special treatment and service from the post office. This is a time when most stores are closed so their employees can be with their family, ironically, in the past, many retailers have reaped public outrage for staying open and trying to profit during major holidays. People often claim to expound old-time values such as cherishing personal relationships with the people in their neighborhoods that they do business with. Sadly, without much thought, these "Hallmark moments" are often thrown under the bus. While consumers may cherish the help and advice supplied by Fred at the local hardware store they can rapidly become disloyal when seduced by a good ad appearing online. It seems some consumers become almost giddy at the thought of receiving a package from an online seller mistaking it for a gift. The truth is these packages are not free. Even if they are paying the same price such goods come with a hidden cost levied against their community. That cost is lost jobs, local sales, and a lower tax base. This is why if prices are anywhere near the same it is wise to "do the right thing" and support your local merchants. On another note, when things get tough that is when you find out who your friends are. I remember the eyes of the nation turned towards Florida when Hurricane Irma was bearing down with category 5 winds and companies like Walmart and Target queued up to give back to the communities that supported their stores. In one heartwarming commercial, we saw Walmart paints a picture of America coming together supporting those who saw their lives washed away by Hurricane Harvey just days before. Meanwhile, Amazon.com increased prices on basic supplies ahead of the hurricane’s landfall in Florida. The fact Amazon jumped the cost of water drew the most ire. Kate Taylor of Business Insider reports, customers took to Twitter to share screenshots of water from various brands — for example, Aquafina and Nestlé — priced roughly between $20 and $25 per case. Usually, the same cases of water sell for between $4 and $8. The bottom line is Amazon gouged customers for about 500 to 625 percent. Over the years Amazon has employed an "engulf and devour" strategy that takes no prisoners. It even crushes merchants working on its platform by stealing their product ideas and undercutting them on prices. This is done by giving their own Amazon-branded products premium real estate on their website. Amazon has also been stepping up efforts to recruit Chinese suppliers and manufacturers directly which cuts small American merchants out of the picture. As these new Chinese players have entered the picture "an explosion" of counterfeit products and fake reviews have hit the site. This is an issue prominent in Chinese e-commerce. With US shoppers estimated to spend $317 billion on Amazon this year or about 52.4% of all online sales. profits have increased for seven quarters in a row Amazon has become a formidable force. I ask all consumers to see Amazon for what it is, a self-promoting hype machine. This company is far from transparent and while politicians fall over themselves to be in its shadow it is not our friend. Because of its massive advertising budget and other ties to Amazon, we find the media often seems to be in bed with Amazon and fall all over themselves to portray the company as both the flavor of the day and the future of commerce. This means you seldom hear anything bad about the retail behemoth that has the power to turn most news articles about Amazon into nothing more than free advertising that is spun to place the company in a flattering light. Current tax laws at the local, state and federal level have changed little over the decades and lag far behind how business is conducted in our modern age. This feeds directly into creating an unfair advantage for Amazon which has used them as a foundation to fuel its growth. Still, even more troubling is how the company has created an environment that draws in other sellers of goods then in a predatory manner undercut their ability to compete. When you add these actions with Amazons growing influence in Washington due to its strong relationship and contracts with the CIA and deep state and its CEO's ability to drive public opinion through the Washington Post we have every reason for grave concern. Remember the proverbial saying 'power corrupts; absolute power corrupts absolutely'. India has tightened the noose on E-retailers and America should too. Understanding the value of brick and mortar stores to local communities India has placed several restrictions on E-retailers in order to level the playing field and make things fair. By far the worst abuser of the current e-commerce system here in America is Amazon which has developed strong ties with the government. Amazon has even incorporated a complacent United States Postal Service in expanding their advantage over businesses by delivering Amazon packages at a discount and even on Sunday. To make matters worse state and local governments have put special packages together with incentives aimed at luring Amazon to build in their areas oblivious to the damage it will cause in coming years. I strongly urge people to consider what kind of community and society they want in the coming years before jumping on the Amazon bandwagon. Amazon excels in creating illusions that fail to hold up under scrutiny. For all the praise many people and politicians heap upon small business they are often quick to cut the very throat of the creator of much of our wealth and jobs. India recently tightened the noose on E-retailers and America should too. America also needs to investigate ways to level the playing field and protect brick and mortar retailers that provide jobs and are so important to the fabric of communities. Since Washington has become tangled up in its own feet and unable to get anything done it is time we the people take action, that is why I again state, "Amazon is bad for America" I urge you to boycott anything Amazon.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Housing prices are correcting, says Halstead Property's Diane Ramirez
Diane Ramirez, Halstead Property CEO, and Tendayi Kapfidze of LendingTree join "Squawk Box" to discuss the state of the housing market as refinancing ramps up.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Tuesday, October 8, 2019
Warning Signs of a Looming Recession
The Great Recession of 2007 to 2009 was the worst financial crisis in the United States since the Great Depression of the 1930s. Still fresh in our memories are the collapse of the housing market, major banks on the brink of failure, steep stock market losses, withered up retirement portfolios and double-digit unemployment. While the economy has regained full strength since the last recession ended in 2009, no one expects those gains to last forever. In fact a flip on the U.S. treasury bond yield curve (which you'll learn about on the next page) caused a huge drop in the stock market on August 14, 2019. The past 50 years have taught us that every heady economic high must have a soul-searching low. Nearly 10 years into steady economic growth, economists and investors are anxiously looking for signs that the party will soon be over. The global economy is heading again into recession. At least that is the fear after months of warning signs from the engine of global trade, which has spluttered this year. Here we examine some clues that the trend, after 10 years of expansion, could be backwards. Welcome to The Atlantis Report . Chances are that if you invested at any point during the Great Recession, you're sitting pretty right now, assuming you've held onto your positions. The U.S. economy is in the middle of its second-longest economic expansion in history, going back 161 years. And since the market bottomed out in March 2009, investors have witnessed all three major stock indexes at least quadruple in value at one point. It's been a truly unique ride – and chances are it's going to come to an end sooner rather than later. To be perfectly clear, trying to predict when recessions will occur is pure guesswork. Top market analysts have called for pullbacks in the market, unsuccessfully, in pretty much every year since the Great Recession ended. But the economic cycle doesn't lie: recessions are inevitable. Here are some signs of a looming recession : President Donald Trump’s trade war with China. Tensions between the US and China have been escalating, and a resolution is looking increasingly unlikely in the near term. At the start of the month, Trump announced he would put a 10 percent tariff on $300 billion of Chinese goods, and China retaliated by stopping buying agricultural goods from the US and allowing its currency to weaken. Goldman Sachs analysts said in a note to clients over the weekend that they “no longer expect a trade deal before the 2020 election” and increased their estimates for how much they think the trade war will affect the economy. Economists and investors also worry that business investment is slowing — despite the tax cuts that were supposed to juice it — and that the Federal Reserve, which just cut interest rates in July, won’t do it again. The German economy is also showing signs of slowing. Sen. Elizabeth Warren in July warned that she sees “serious warning signs” of an economic crash, including ballooning household debt and potential shocks to the system, such as the debt ceiling and Brexit. And then there is the “yield curve,” a wonky concept that is often taken as a signal of what’s to come. As Robert Samuelson recently explained at the Washington Post, the yield curve refers to the relationship between short-term and long-term interest rates, generally on Treasury notes. Normally, long-term interest rates are higher than short-term rates because it’s riskier for investors to lend money for longer periods of time. When short-term rates get higher than long-term rates, the yield curve becomes “inverted,” and that’s often a bad indicator. Every US recession for the past 60 years was preceded by an inverted yield curve. Another major number that could point to an imminent recession is unemployment. And counterintuitively, it’s a low rate of unemployment that often signals a slowdown. Recently, unemployment dropped to 3.7 percent ― a nearly 50-year low. Wages are also growing at the fastest rate since 2009. According to Forbes, strong job market statistics like these indicate that we’re reaching the end of the latest economic cycle rather than the beginning. In fact, an unemployment rate below 4 percent ― which is quite rare ― has often immediately proceeded past recessions. Recessions are a normal part of the economic cycle. While it’s not a very technical indicator, a long run of economic expansion can tell us something, too. We haven’t had a recession or bear market since 2008-2009. The economy has been expanding (albeit slowly) since then. So have the stock markets. For these reasons, we might actually be overdue for slowing economic growth, if not a recession.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Gerald Celente - Greatest Depression Worse than Great Depression
Top trends researcher Gerald Celente is bullish on gold because debt is exploding globally. Celente is bullish on gold and explains, ““I have been saying for more than five years that gold had to break over $1,450 (per ounce). Once it solidly broke over that, it’s going to head for $2,000 (per ounce). The downside risk to gold is $1,390. . . . I see gold moving to $2,000 (per ounce) possibly before the end of this year. . . . They know the monetary policy is running out of juice. So, now, they are promoting more fiscal policy, which means governments going deeper into debt to spend more money to boost up the failing economy rather than let the economic fundamentals take their own route. All they are interested in doing is keeping the bigs (rich people) growing. This is going to be worse than the Great Recession, and as I said, this is going to be the Greatest Depression, worse than the Great Depression. The Great Recession was a bottom up collapse. This collapse is going to come from the top down. It’s that 1% that has it all, and when it starts falling apart and they can’t prop it up anymore, that’s the crash. That’s when it’s going to be bad.” So, what are President Trump’s chances of re-election? Celente predicts, “I think he will get re-elected, and I don’t think he will get knocked out of the box unless they come out with some different dirt. This won’t do it.”
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Federal Deficit Highest in Seven Years
Federal deficit estimated at $984B, highest in seven years . The federal budget deficit for 2019 is estimated at $984 billion, a hefty 4.7 percent of gross domestic product (GDP) and the highest since 2012, the Congressional Budget Office (CBO) said on Monday. Candidate Trump said he would eliminate the entire national debt!. It's now at a record high of $22 TRILLION! And Trillion dollar deficits to prop up a 2.0% GDP economy. Sad! Welcome to The Atlantis Report . The difference between federal spending and revenue has only ever exceeded $1 trillion four times, in the period immediately following the global financial crisis. The deficit, which has grown every year since 2015, is $205 billion higher than it was in 2018, a jump of 26 percent. The CBO has warned that the nation's debt is on an unsustainable path. Higher levels of debt increase borrowing costs, make it harder for the government to battle economic downturns and increase the share of future spending devoted to paying off interest costs. Since President Trump took office, the GOP has passed a massive tax cut package that reduced revenue, while Democrats and Republicans have agreed to increase spending year after year. Budget watchers note that the main drivers of the deficit, however, come from automatic spending programs such as Social Security, Medicare and Medicaid. "Democrats and Republicans must be held responsible for the outrageous deficit reported today by the CBO," said Jason Pye, vice president of legislative affairs at the conservative advocacy group FreedomWorks. "This unsustainable situation is only going to get worse," he added. The final Treasury Department figures for the fiscal year, which ended on Sept. 30, will be published later this month and could include worse news. Previous Treasury estimates projected the deficit for the year surpassing $1 trillion. Each year we have a budget deficit, the debt grows. Both parties are responsible. The spending has to be brought under control and taxes have to be appropriate to maintain economic growth while also creating a surplus to be applied to the debt. Only when we stop being tribal to political parties will we make progress. Entitlement reforms must happen. trump though he had great news with unemployment being down to 3.5 percent,which means under trump, it has only decreased 1.3 percent since he took office. the projected deficit is under one trillion, however, as of today, the u s debt clock shows the deficit at 1.02 trillion ,up from 680 billion when obama left. as well, when obama left the national debt was at 19 trillion. today's national debt clock shows it at 22.8 trillion . trump now has the historical distinction of having the fastest and most growth of debt in a time of prosperity . it was reported last week that manufacturing is down for the second straight month ,which brings it down to the lowest level since 2009 when we were in a recession. also reported 2 weeks ago, 1/5 of the economy is now in a recession. specifically in the rust belt and the farm states due to trumps easy to win trade wars. whatever happened to trumps promise of "I and I alone can eliminate our nations debt"! whatever happened to trumps promise of the tax cut to the rich"this will trickle down to you in the form of a 4,000 dollar per year raise" ! whatever happened to trumps promise,"mexico will pay for the wall, I guarantee it " ! Government spending is rising. Record high trade deficits, record high entitlement spending, record high military spending, record high deficits, record high debt. GDP isn’t growing fast enough to support this. Where will we find a buyer for all this debt. The fed will have to monetize it like in a banana republic, which will cause the dollar to collapse. I am afraid the only way the deficit will shrink is a complete fail. Neither party will reduce spending even though they both admit we don't have the money. Selling out future generations. To come and pay back monies squandered and wasted by a miscreant criminal with the encouragement and support of brain defunct maga hat wearing cretins. And the future generations won't have anything to see or get from the monies they will have to pay back. In any decent society; this would be seen for exactly what it is. A height of criminality.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
China adds 100 Tons Of Gold Amid Trade War Chaos
China’s Most Recent Gold-Buying Spree Tops 100 Tons .China has continued to plow funds into gold as a buffer against Trump's trade war, adding 5.9 tons of the metal to its reserves in September. Here is to the smartest move! And those of U.S. that knew it was unsustainable 10 years ago that "know" and understand "why" China must make that move if the U.S. government continues it's own financial suicide by setting an artificial price for Precious Metals without letting the market set it unfettered!!! Welcome to The Atlantis Report . China has accumulated more than 100 tons of gold since it resumed buying the yellow metal last December in a quest to diversify its reserves away from the US dollar. The People’s Bank of China added another 5.9 tons of gold to its hoard in September, according to data on its website reported by Bloomberg. It was the 10th straight month of gold-buying for the Chinese central bank and it added to the 99.8 tons accumulated during the prior nine months. Oversea-Chinese Banking Corp. economist Howie Lee told Bloomberg he expects the Chinese to keep buying gold as the country continues to gain prominence on the world stage. Given strained relations with the US, China needs a hedge against its large holdings of the dollar, and gold serves that function. As China becomes a superpower in its own right, I expect more gold-buying.” Mainstream reporting is focusing on the trade war, saying the Chinese are buying gold as a “buffer” against Trump’s tariffs and the negative impacts of the trade spat. But there are deeper geopolitical reasons for the move. China, along with other countries like Russia, is hoping to undermine the ability of the US to weaponize the dollar as a foreign policy tool. The broader global gold rush on the part of central banks is part of this movement. It’s not just America’s “enemies” that are moving away from the greenback. Europe has joined the de-dollarization party. Meanwhile, the percentage of US dollars held as currency reserves globally dropped to the lowest level in nearly six years in the second quarter of 2019 according to IMF data. Only Russia has outpaced the Chinese in gold purchases. Russia added another 12.2 tons of gold to its hoard in July. That pushed its purchases on the year to just over 106 tons. Russia has also aggressively divested itself of dollars. The Russians sold off nearly all of its US Treasury holdings last year. According to Bank of America analysts, the amount of US dollars in Russian reserves fell from 46% to 22% in 2018. Recently, Russia’s top oil producer dumped the dollar. Rosneft made the euro the default currency for all exports of crude oil and refined products beginning last month. The company ranks as one of the world’s biggest oil producers. According to Reuters, the move is “to reduce the state-controlled firm’s vulnerability to potential fresh US sanctions.” China has felt the sting of US threats before. In 2017, the US threatened to lock China out of the dollar system if it didn’t follow UN sanctions on North Korea. In December 2018, the People’s Bank of China announced the first addition of gold to its reserves since 2016. The Chinese have a history of going long periods without officially adding gold to its stores and then suddenly revealing a large increase in its reserves. In 2009, the People’s Bank of China stopped reporting its gold holdings. Then in June 2015, the Chinese central bank suddenly announced its gold hoard had grown by 57%. For a little more than a year, the PBOC regularly announced additions to its gold reserves. Chinese gold holdings rose another 185 tons over the next 16 months before the bank suddenly went silent again. During the last gold-buying spree, China was pushing for the inclusion of the yuan in the International Monetary Fund’s benchmark currency basket. Many analysts believe China holds far more gold than it officially reveals. As Jim Rickards pointed out on Mises Daily back in 2015, many people speculate that China keeps several thousand tons of gold “off the books” in a separate entity called the State Administration for Foreign Exchange (SAFE). Given the political dynamics and the ongoing trade war, it seems unlikely the Chinese suddenly stopped increasing their gold reserves in 2016. China isn’t alone in buying gold. In total, the world’s central banks accumulated 651.5 tons of gold last year and that trend has continued in 2019. The World Gold Council noted that 2018 marked the highest level of annual net central bank gold purchases since the suspension of dollar convertibility into gold in 1971, and the second-highest annual total on record. According to the World Gold Council, a dozen central banks have increased their gold reserves by at least 1 ton through the first seven months of 2019. During an interview on RT Boom Bust, Peter Schiff called this a “global gold rush on the part of central banks” in preparation for a dollar crisis. The days that the dollar is a reserve currency are numbered and the smart central banks are trying to buy as much gold as they can before the number is up.” China and Russia have both been stockpiling gold. Putin has also made paying off Russia's national debt a top priority, they only have less than $1 bil left to pay off at this stage. They're also making deals with each other to purchase items in rubles and yuan rather than the reserve currency of the US dollar If Russia, China, and India can make a massive tariff free trade deal, they'll put the USA in the poorhouse Ask Yourselves, WHY isn't the US adding to their GOLD ??? Nobody ever asks that question. The demise of US Dollar will mark the beginning of a better new world. Gold is real, whereas Uncle Sam's credibility is almost zero.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
Blog Archive
“once a standing army is established, in any country, the people lose their liberty.”
George Mason
“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger
“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger
"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin
The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin
Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?
PHILIP ZIMMERMAN, DER SPIEGEL
“Some call it Communism, I call it Judaism.”
Rabbi Stephen Weiss
“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941
Taxing People is Punishing Success
UNKNOWN
There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki
The Tax you pay is The Bill for Staying Stupid
Stefan Molyneux
“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus
The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros
"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.
This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.
By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."
USA Banker's Magazine, August 25 1924
Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
UNKNOWN
Taxation is legalized Theft
UNKNOWN
"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker
Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....
Bob Dylan
"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich
There is NO political answer to a spiritual problem!
Steve Quayle
Political Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon
The modern definition of racist is someone who is winning an argument with a liberal
Peter Brimelow
When People lose everything and have nothing left to lose , They Lose It !
GERALD CELENTE
Your Greatest Teacher is Your Last Mistake
DAVID ICKE
The one who Controls the Education System , Controls Perception UNKNOWN
"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."
Albert Einstein
UNKNOWN
No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
UNKNOWN
Freedom is not Free
UNKNOWN
Don't Steal The Government Hates The Competition
Ron Paul
"Buy The Rumor , Sell The Fact " Peter Schiff
You can love your Country and not your Government
Jesse Ventura
" The Government Works for ME , I do not answer to them They Answer to ME "
Glenn Beck
"Tyranny will Come to Your Door in a Uniform "
Alex Jones
"The Government is not The Solution to our Problems , The Government is The Problem "
Ronald Reagan
"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato
The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo
"The people should not fear the government for it is the government who should fear the people" UNKNOWN
"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN
"They don't control us , We empower them " UNKNOWN
"Serial Killers do on a Small Scale What Governments do on a large one..."
Serial Killer Richard Ramirez
"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."
Thomas Jefferson
Albert Einstein
Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki
Education is what you learn after you leave School
Robert Kiyosaki
" Schools were designed to create employees for the big corporations."
Robert Kiyosaki
"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson
Dissent is the highest form of patriotism
Thomas Jefferson
“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki
"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way
"Aspire not to have More but to be More "
UNKNOWN
The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki
"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford
What You Own Owns You
UNKNOWN
If you expect the government to solve your problems, you have a problem. Robert Kiyosaki
"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin
"None are more hopelessly enslaved than those who falsely believe they are free.” - Johann Wolfgang von Goethe
"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell
Be The Change you want to see in The World
UNKNOWN
Failure inspires winners but defeats losers
Robert Kiyosaki
“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb
"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN