Socio-Economics History Blog
Socio-Economics History Blog
The coming ginormous worldwide collapse will start in the PIIGS, spread to the rest of Europe, UK, Japan … and finally America! Along the way, the rest of the world will also collapse. This is a full-blown global economic, financial and monetary meltdown! The US$700T – US$1,500T financial derivatives WMD will detonate and collapse the world financial system. …
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US Editor of The Economist: “Paper Dollar” and “Paper Euro” Will “Debase” in a “Big Way”! via http://www.silverdoctors.com/ Matthew Bishop, the US Editor of The Economist, has been interviewed by the Wall Street Journal TV about gold and why “people have lost faith in the 20th century religion of government backed fiat money.” He says …
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Spain bond yields jump above 6%, raising bailout fears! by http://www.bbc.co.uk/news/ The cost of borrowing for Spain has jumped above 6%, raising again the prospect of a bailout. The yield on Spain’s 10-year bonds reached 6.1%, ahead of auctions of debt on Tuesday and Thursday that could be increasingly expensive for Spain. The nation’s cost …
The problem with a debt based economic system is that eventually the debts come due and payment must be made. This will contract the economy. The fact of the matter is: the world economy is over burdened by an insurmountable mountain of debts. The idea of creating even more debts and creating even more money …
No amount of money printing can solve the sovereign debt crisis. You cannot solve a solvency problem with massive injections of liquidity. It is like a blood transfusion for a heart that has stopped beating. Practically, all western banks are bankrupt. The Illuminists know this. They are simply buying time, and enabling their Illuminist banks to further …
All major fiat currencies: USD, EUR, JPY, UKP …. are a CONfidence Job backed by NOTHING! The sheeple will eventually wake up to this fact and run to gold ! Gold is real money and has been so for 5000+ years. By adopting competitive devaluations, countries are fomenting the currencies war. Eventually, all fiat currencies …
Embry – What’s Happening in China is Wildly Bullish for Gold ! by www.kingworldnews.com With gold near the $1,650 level and silver firmly above $31, today King World News interviewed John Embry, Chief Investment Strategist of the $10 billion strong Sprott Asset Management. Embry told KWN the financial system is built on an unsustainable mountain …
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Goldman Sucks and JP Morgue are both Illuminists banks. They are the real rulers/controllers of the US government! – Goldman Sachs: Investing in political influence! by David Gutierrez, Natural News (NaturalNews) A Venn diagram released by Harvard law professor and political activist Larry Lessig reveals the shocking connections between our government and banking and investment …
There is no intention of solving the sovereign debt problem. All actions taken so far by Illuminist snakes and their puppet politicians have made things worse! Soros is also part of the driving force towards their One World Government agenda! – George Soros: eurozone crisis has entered a ‘more lethal phase’! by Jill Treanor, guardian.co.uk …
[youtube=http://www.youtube.com/watch?feature=player_embedded&v=PNuHvyhbbCQ] New banker bailout to be funded by giant tax hikes! by Alex Jones, www.Infowars.com In the video above, Alex breaks down how billionaires like Warren Buffett are the biggest beneficiaries of the “rule” they are now forcing through Congress. The net effect? Stealing the expanded tax revenue via banker bailouts and shutting down the …
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[youtube=http://www.youtube.com/watch?feature=player_embedded&v=F4PpQkvrB14] Chairman of the Illuminist FedRes stating the obvious. But who caused of this problem? Illuminist banksters! Illuminist banksters engineer all the wars to lead America into debt slavery. Illuminist banksters then create money out of thin air to monetize (ie. buy) US treasuries. Americans are then made to pay back these debts with interest to the FedRes. What a wonderful scam! – …
In the end, Illuminists banksters will create a massive amount of money out of thin air to bail themselves out! – Jim Sinclair – Expect Another $17 Trillion of QE & War in Gold ! by www.kingworldnews.com On the heels of the Fed members commenting publicly, legendary trader and investor, Jim Sinclair, told King World …
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