ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Aug 20 12:51

The Federal Reserve is Not Your Friend

Imagine that the Food and Drug Administration (FDA) was a corporation, with its shares owned by the nation's major pharmaceutical companies. How would you feel about the regulation of medications? Whose interests would this corporation be serving? Or suppose that major oil companies appointed a small committee to periodically announce the price of a barrel of crude in the United States. How would that impact you at the gasoline pump?

Such hypotheticals would strike the majority of Americans as completely absurd, but it's exactly how our banking system operates.

Aug 20 12:43

Oil Prices Must Rebound. Here’s Why

n the short term, the oil market is in the doldrums and projects are being delayed or cancelled, left right and center. Production in North America will stop growing and in the rest of the world it will actually decline.

Aug 20 12:41

Kazakhstan Follows Russia in Floating the Currency

Russia Insider’s Alexander Mercouris has argued the single most important factor that has allowed Russia to weather lower oil prices so well has been its decision to float the ruble.
Kazakhstan chose a different strategy and continued to maintain a partial peg to the dollar - and as a result has found itself in considerable difficulty.
Now, however, Astana has declared it will move toward a freely-floating currency as Russia did last year.

Aug 20 11:49

REITs on the Rebound! Forget Stocks and Bonds

Aug 20 11:34

"This Country Is Destroyed": 26 countries, 35 days in Europe During the Economic Collapse of 2015

Many discerning people are expecting an economic collapse at any moment, yet it's still possible to travel without spending a lot of money. My wife and I took off July 10th & went to Europe for 35 days. We hit 26 countries, at a pretty fast pace. I'm a notorious cheapskate, & the main point I would like people to know is that travelling to Europe is not as nearly expensive as most people are led to believe. We bought the EuroRail pass & travelled throughout Europe by train. From Copenhagen to Istanbul, Norway to Bosnia, this was quite a trip. We met all sorts of interesting people including several in Athens, Greece, who told me "this country is destroyed."

Aug 20 11:26

Georgos Galeos: Tsipras Surrendered the Greek Flag to the Germans

Aug 20 10:58

Another US Retailer To Close 90 Stores

Aug 20 10:26

Exarchia, The Town In Athens Greece That Is Keeping The Government Out And Starting Anew

As the economic and political systems continue to crumble and collapse in Greece, a district in Athens is growing in strength and independence after large numbers of individuals began to keep the government out and empower their own community.

Aug 20 10:25

FLASHBACK - The Boot That Stamps On Your Face

The way to see that picture of one central controlling financial octopus slithering down through history with backroom bribes and secret assassinations is to take the core syllabus of Eustace Mullins and Archibald Maule Ramsay, edit it, and lay it out like an outline.

1645: Portuguese Jewish bankers in Holland Solomon de Medina and Fernando Carvajal secretly fund Oliver Cromwell to readmit the Jews to England, where they had been banished for loansharking for almost 400 years. This drama leads to the killing of the king, the debauching of Ireland, and the capture of the British treasury by the Jews, which is why the [Rothschild] City of London is the power center of the world today.

Aug 20 09:56

INSANE Bloomberg Breaks Embargo

Aug 20 09:52

Greek debt crisis: Alexis Tsipras 'to resign' and call snap election for September

Greek leader Alexis Tsipras will make an announcement on 20 August where he will call snap elections towards the end of September and unconfirmed reports say he will resign to re-establish confidence in his Syriza party.

Aug 20 09:50

NJ Lost 13,600 Jobs In July

Aug 20 09:49

American Apparel warns it may go out of business

American Apparel has "substantial doubt" it will stay in business, the company said Monday.

The clothing brand has been struggling for some time, and news it's nearing collapse came as American Apparel (APP) reported a net loss of $19.4 million for last quarter.

Aug 20 08:45

Big Bloomberg Layoffs, Says New York Post

Aug 20 06:24

Greek PM Tsipras to call snap election - State TV

Aug 20 04:05

26 countries, 35 days in Europe: How my wife & I took this interesting train trip, on the cheap

Many discerning people are waiting for an economic collapse at any moment, yet it's still possible to travel without wasting a lot of money. My wife and I took off July 10th & went to Europe for 35 days. We hit 26 countries, at a pretty fast pace, and spent very little money. My wife's passion is travelling, and we aren't the materialistic types. We're both frugal. & I am a notorious cheapskate. The main point I would like people to know is that travelling to Europe is not as nearly expensive as most people are led to believe. We bought the EuroRail pass & traveled throughout Europe by train. We met all sorts of interesting people and navigated train travel, lodging, staying safe, and having an enriching fun experience.

Aug 19 23:15

Greece is for Sale – and Everything Must Go

Piraeus and Thessaloniki ports are up for sale – the former case has caused the chief executive to resign and industrial action has begun. A gas transmission system looks likely to be sold to the government of Azerbaijan, but there’s still a power and electricity company, the postal service, a transport utility which allows trains and buses to run, the country’s main telecommunications company, a 648 km motorway, and a significant holding in the leading oil refiner, which covers approximately two-thirds of the country’s refining capacity.

Holdings in Thessaloniki and Athens water are both on sale – though public protest has ensured that 50% plus 1 share remains in state hands. Nonetheless, the sale will mean that market logic will dictate the future of these water and sewerage monopolies. Finally there are pockets of land, including tourist and sports developments, throughout Greece.

Aug 19 21:52

Germany and France: Leading Actors in Greek Drama

The debates about the future of Greece are acquiring a political-geographical dimension. The interests and opinions are divided between two leading European power centers – the northern one led by Germany and the Mediterranean headed by France. The arguments and conclusions are opposing. The widening gap directly threatens the ability of the European Union to act as one economic and political entity.

Aug 19 21:44

Flamethrowers, given up by military, are now being sold to the public

By Aaron Smith

NEW YORK (CNNMoney) -- Flamethrowers were gruesome weapons of war and so controversial that the U.S. military stopped using them after Vietnam.

But as crazy as it may sound, they are available for sale to the public.

Aug 19 19:17

Trumping the Federal Debt Without Playing the Default Card

The US is bankrupt either way. The question is who will get stiffed? I think it should be the banksters who loaned the odious debt that financed wars of aggression around the world.

Aug 19 18:04

How to Survive When You Can’t Pay Your Bills

Aug 19 16:47

Why Are So Many People Freaking Out About A Stock Market Crash In The Fall Of 2015?

In fact, I don’t think that I have ever seen more experts come out with bold predictions that a stock market crash will happen within a very specific period of time.

Aug 19 14:09

Marc Faber: I See Recession Coming (VIDEO)

In an interview on FOX Business Network’s Risk & Reward, “Gloom, Boom & Doom Report” publisher Marc Faber says he still thinks a recession is on its way.

Aug 19 13:57

Economic Crisis Goes Mainstream – What Happens Next?

Last year, when alternative economic analysts were warning that the commodities crush and oil crash just after the taper of QE3 were blaring signals for a downshift in all other financial indicators, the general response in the mainstream was that we were overreacting and paranoid and that the commodities jolt was temporary. Perhaps the fact needs repeating that it’s not paranoia if they are really out to get you.

Aug 19 13:51

Fed Official Admits Zero Interest Rate Undermined Economy: “QE Has Been Ineffective”

Today, with the United States and the globe approaching another financial cliff, officials from the Federal Reserve are beginning to acknowledge the colossal failure of their quantitative easing program that was instituted in the wake of the 2008 economic collapse.

In a white paper dissecting the U.S. central bank’s actions to stem the financial crisis in 2008 and 2009, Stephen D. Williamson, vice president of the St. Louis Fed, finds fault with three key policy tenets.

Read more at SHTFplan.com

Aug 19 13:50

LEAKED: GM Sees Overcapacity Fiasco in China, Hopes Americans Will Buy Lots of Chinese-Made Buicks

The start of a tsunami. US “Manufacturing Renaissance” takes another hit.

Aug 19 13:04

German parliament approves third Greek bailout in landslide vote

Germany’s parliament overwhelmingly approved a third bailout for Greece on Wednesday, removing a key hurdle to providing new loans to the country and keeping it from defaulting on its debts in as little as 24 hours.

Aug 19 12:34

One Word Defines This Era: Stagnation

Aug 19 12:13

U.S. CRUDE HITS 6.5 YEAR LOW ON SURPRISE STOCK BUILD

The figures stunned energy market analysts on Wall Street, as well as traders and investors who had been expecting a stockpile drawdown despite the peak U.S. summer driving season nearing its end and refinery problems cutting fuel processing capabilities.

Aug 19 11:48

6500 Layoffs Hit Shell As Oil Prices Dive

Aug 19 11:47

West Coast Grocer To Close 27 Stores

Aug 19 11:42

BOYCOTT OREO'S!! NOW MADE IN MEXICO!

Donald Trump has pledged never to let another Oreo pass his lips.

“I’m not eating any more Oreos,” he promised on Monday afternoon.

He made the declaration while speaking with reporters in the back of the jury assembly room at Manhattan Supreme Court. He was waiting to learn if he would be picked to serve on a panel, and he passed the time chatting about a wide range of subjects. That included the recent decision by Mondelez International, the parent of Nabisco, to move some of its Chicago operations to Mexico.

“It’s such an American company,” he said.

Aug 19 11:21

World Shipping Slump Deepens As China Retreats

Aug 19 11:13

Ukraine to resell Russian electricity to Poland at double price

In the framework of aid to Poland, the power engineering sector of which has been hit by an anomalous heatwave, Ukraine will sell electricity to that country at 7.5 eurocents per 1 kwh, the National Commission for Energy and Utilities said on Wednesday.

Aug 19 10:44

Phoney Opposition: The Truth About the BRICS

Who is contending that the AIIB or the BRICS’ New Development Bank is in any way competitive with the Bretton Woods institutions (IMF/World Bank)? Certainly not anyone involved with any of these institutions.

So, if the AIIB or the BRICS’ New Development Bank is just controlled opposition, the same debt peonage, a fake, what does that say about the confrontation between the US, NATO and Russia? Is this being faked as well?

Aug 19 10:38

Technically Speaking: The Bull/Bear Conundrum

Aug 19 10:29

Distressed American Workers Expose The Fallacy Of Improving Unemployment Numbers

most of the 'wage gains' have been higher Obamacare premiums and not spendable money

most of the job growth has been low-pay and part-time jobs

Aug 19 10:19

The End of the U.S. Dollar

Aug 19 10:00

Donald Trump’s Immigration Plan: An Honest Conversation

importing pro-government warfare/welfare enthusiasts

Aug 19 10:00

Greenspan Warns About Bond-Market Bubble

Aug 19 07:51

FLASHBACK - BILL CLINTON LOOTED SOCIAL SECURITY TO CREATE HIS FEDERAL BUDGET SURPLUS

HOLLINGS: Well, the truth is...ah, shoot, well, we all know there's Washington's math problem. Alan Sloan in this past week's Newsweek says he spends 150%. What we've been doing, Mr. Chairman, in all reality, is taken a hundred billion out of the Social Security Trust Fund, transferring it over to the spending column, and spending it. Our friends to the left here are getting their tax cuts, we getting our spending increases, and hollering surplus, surplus, and balanced budget, and balanced budget plans when we continue to spend a hundred billion more than we take in.

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Aug 19 02:08

Weak materials about to break dual support?

Aug 19 01:12

Trumping the Federal Debt Without Playing the Default Card

In short, the sovereign debt crisis can be solved by issuing sovereign money. But is there really such a thing as a free lunch? Wouldn’t buying up the debt with newly-issued money lead to a hyperinflationary disaster?

Aug 18 19:10

MasterCard trials selfie payments in the Netherlands and US

MasterCard is embarking on two pilots, one in the US and one in the Netherlands, which use facial recognition technology for payment verification. The card giant is working with International Card Services (ICS) on a trial that will see 750 ABN Amro credit card users ditch passwords, PINs and confirmation codes and instead pay online through fingerprint and facial recognition.

Aug 18 19:09

Guess who’s running the new BRICS Bank

One of the IMF’s Executive Directors is also a Vice President of the BRICS Bank. According to the IMF website… “The Executive Board (the Board) is responsible for conducting the day-to-day business of the IMF. It is composed of 24 Directors, who are appointed or elected by member countries or by groups of countries, and the Managing Director, who serves as its Chairman. The Board usually meets several times each week. It carries out its work largely on the basis of papers prepared by IMF management and staff.”

Aug 18 18:43

If History Is Any Indication, Junk Bonds And Copper Are Telling Us Exactly Where Stocks Are Heading Next

Yields on the riskiest junk bonds are absolutely soaring and the price of copper just hit a fresh six year low. To most people, those pieces of financial news are meaningless. But if you understand history, and you are aware of the patterns that immediately preceded previous stock market crashes, then you know how how huge both of those signs are.

Aug 18 18:39

Who Wins in a Currency Devaluation War?

The paradox in the question of who wins in a currency war presupposes that any participating combatant can actually claim victory. If winning means ending up with the most cash, when the value of the money as a store of tangible wealth is debased, it is doubtful anyone can be declared the victor. The absurdity of lowering the purchasing power of a countries currency to enable exports to be more competitive is economic sacrilege that the heretical “Free Trade” mythos is based upon. Without a reliable standard of objective comparison, floating currencies maneuver their exchange rates to disguise internal imbalances in their own political and economic expenditures.

Aug 18 15:27

Silver Is Crashing

Aug 18 15:20

Want Land? Alberta Town Offers Lots For $10

Aug 18 14:58

Full Alex Jones Show – Alex Debates David Duke on Jewish/Zionist Power!

Breakthrough interview, highly entertaining to watch Alex Jones squirm when David Duke talks about Zionists controlling banks, media, and government and killing innocent Palestinians.

Aug 18 14:54

Yuan Devaluation, More QE?

Aug 18 14:20

“Calm Before The Storm?” Dow’s 2015 Range Crashes To Lowest Ever

2015 is now officially the least volatile (lowest trading range) in stock market history…

Aug 18 14:03

It Might Take a While

Aug 18 14:03

The Most Dangerous Jobs In The World

Aug 18 13:37

What in the world is happening with gold?!

Aug 18 13:15

This December, Agenda 21 is Getting an “Update”

By Rusticus

From November 30th to December 11th of 2015, a consortium of world “leaders” from 190 countries will gather in Paris, France as part of the United Nations Framework Convention on Climate Change. The occasion? The much maligned Neomalthusian “environmental” program, known as “Agenda 21” by its original visionaries as well as its opponents, will be of drinking age, its “sustainable” protocols having been officially adopted in 1994.

So, too, is this UN Convention in Paris a celebration of the Kyoto Protocol’s numerological accomplishments, as COP21/CPM11 marks the 11th year of the emission regulation’s force as “International Law” (as of 2004).

The purpose of these festivities, however, is hardly mere ceremony; as Agenda 21 comes of age, the burdens it places upon those living beneath its yoke are also maturing...

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