Socio-Economics History Blog
Socio-Economics History Blog
[youtube=http://www.youtube.com/watch?v=BFTvpIigIcU] RussiaToday Greece has announced that it could ditch the Euro and exit the Eurozone in as little as 3 months – unless the EU and the IMF fund it with a second 130 billion euro bailout. Talks over the cash life-line have stalled for months over the poor performance of austerity measures and fears …
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[youtube=http://www.youtube.com/watch?v=JYSSnPgCWlY] Why are the semitic Palestinian people being massacred by non semitic Ashkenazi ‘Jews’ flying a Satanic ‘666’ Hexagram flag? If you can accept it: the Palestinian people are in all likelihood the biological descendents of the 12 tribes of Israel ie. the real Jews of the Bible! This is my suspicion! – Israel threatens …
Subtlety and deception are the methods. The Illuminist banksters are saying: without more bailouts (more debts) we are doomed ! You cannot solve a debt problem with more debts! Out of this coming collapse of the Eurozone will arise the 10 Horn Beast of Biblical prophecy. – Greece will leave euro if second bailout fails, …
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[youtube=http://www.youtube.com/watch?v=OInrm9EICVc] Debt Burden Threatens American Families by Ron Paul, http://paul.house.gov/ Last week, as most Americans were celebrating the holidays with family and friends, the Obama Administration announced plans to seek yet another debt ceiling increase in the New Year. While some fiscal conservatives will try to block this increase, their efforts are designed to fail …
The global collapse will start in the PIIGS, progress to the rest of EU, UK, Japan and finally America. All fiat currencies are heading down the path of debasement to toilet paper status! (emphasis mine) – Ambrose Evans-Pritchard: 2012 could be the year Germany lets the euro die! by http://www.telegraph.co.uk/ So we enter Year IV …
It is getting painfully obvious: global economic, financial and monetary collapse leading to World War 3 ! Got physical gold yet? – Eurozone collapse ‘starts this year’ says CEBR! By Rachel Cooper, http://www.telegraph.co.uk/ Europe’s single currency is almost certain to disintegrate within the next decade, a leading think tank has predicted, with Greece and Italy potentially …
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[youtube=http://www.youtube.com/watch?feature=player_embedded&v=OeIFcuVTS3U] YouTube: Investor Kyle Bass discloses his discussion with a senior Obama admin about how this economic crisis is going to play out. The answer is to export our way out of this mess by making our exports cheaper by destroying the dollar in a global game of currency devaluation. This simply means that they …
[vodpod id=Video.15896854&w=425&h=520&fv=] Nations Ponder Their Escape from Debt by http://theinternationalforecaster.com/ December 31 2011: Fighting downgrading ratings, ratings agencies suddenly doing their jobs, quantitative easing not working in UK, US Fed operates around the world with no authority, and Fed should be ended, Bernanke subterfuge, a ponzi scheme for more debt. – What does one write …
No surprise here. It is a question of when? 2Q2012 or Aug 2012? – Eurozone is closer to break-up, warns Standard Chartered’s Peter Sands! By Kamal Ahmed, http://www.telegraph.co.uk/ The chief executive of Standard Chartered has warned that there is an increasing likelihood of a country falling out of the eurozone because of the inability of …
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The FedRes, ECB, IMF, World Bank, BIS … are all privately owned Illuminist central banks. The plan is for the consolidation of the western banking system into fewer and fewer banks. They do so by engineering this global collapse. Many banks are going under and the Illuminist banksters are merging these banks into their own Illuminist banks. They need …
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When Japan, the 3rd largest economy in the world, goes under, will the rest of Asia escape? I don’t think so, unless you are living off the land in some fishing village! The world is doomed ! – The Endgame: Japan Makes Another Move by Wolf Richter, www.testosteronepit.com It’s a doozie. On December 24, the …
This coming sovereign debt collapse will affect all regions. Asia will not escape. China has its problems. Its small domestic economy will not be able to generate enough jobs for its citizens. Its property market is going belly up after years of rampant speculation. This will cause a debt meltdown locally. But look at Japan! …
QE is destabilizing the world’s financial and monetary system. It is undoubtedly currency warfare. QE means currency debasement. Countries which peg their currencies to the USD are doing competitive devaluations to maintain their export competitiveness and thus economic growth. But taken to its logical end, all fiat currencies will be debased, hyperinflation will kick in … The …
I have been advising people to accumulate physical gold/silver instead of fiat currencies. Keep the minimum amount of fiat currencies needed in your bank account. I am not a buyer or holder of shares, even gold/silver mining shares. I am a little conflicted when it comes to these mining shares. Historically, they outperform physical bullion …
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