ECONOMY | WHAT REALLY HAPPENED

ECONOMY

Jun 01 10:48

Cost of living unbearable for millions of Londoners

A recent report published by Loughborough University’s Centre for Research in Social Policy reveals that it is much harder to make ends meet in London than anywhere else in the country.

London is home to around 12 percent of Britain’s population.

Jun 01 10:08

THE WAR ON CASH: YOUR DEPOSIT AT THE BANK CAN BE CONVERTED TO EQUITY IF A CRISIS HITS

The financial system is predominantly comprised of digital money. Actual physical Dollars bills and coins only amount to $1.36 trillion. This is only a little over 10% of the $10 trillion sitting in bank accounts. And it’s a tiny fraction of the $20 trillion in stocks, $38 trillion in bonds and $58 trillion in credit instruments floating around the system.

Suffice to say, if a significant percentage of people ever actually moved their money into physical cash, it could very quickly become a systemic problem.

Jun 01 09:40

Washington is Targeting Russian Pipelines Yet Again

Russia’s Gazprom has clearly demonstrated excessive optimism by starting the construction of the so-called Turkish Stream right off the bat. Apparently it is has not calculated the geopolitical situation around Russia properly, specifically where the US is applying unprecedented pressure on Turkey, Azerbaijan and Balkan to disrupt this project. Gazprom’s top management has made it clear that the company is not going to put the construction of the Turkish Stream on the back burner since it should have the ability to deliver gas to Europe while bypassing Ukraine. This project should be finalized by 2019, and Gazprom has already notified its European partners of its intentions of abandoning the pipeline in Ukraine by this date. Moscow has also renewed a contract on the supply of more than 150 thousand tons of pipes with Europipe, while lifting restrictions on the contract with the Italian Saipem.

Jun 01 09:34

The End of the Safe Deposit Box for Wealth Storage

On 1 April 2015, Chase bank in the US advised clients who rent safe deposit boxes from them that there would be some changes in their policies. Of particular interest is the following condition:

“Contents of box: You agree not to store any cash or coins other than those found to have a collectible value.”

Interesting. After all, cash and precious metals are traditional primary stores of wealth. Why single them out as no longer being acceptable?

Jun 01 09:26

TPP death pool: more pharmaceutical destruction is coming

Question: “Who said that drug was safe? Where did that assessment come from? People are dropping like flies.”

Answer: “We all said it was safe. Remember? All twelve members of the TPP. We all agreed. So now we have to stick to our guns. Admit nothing. Keep your mouth shut.”

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Jun 01 09:15

Upcoming Week Of Infamy?

Jun 01 08:48

Rule By The Corporations — Paul Craig Roberts

The Transatlantic and Transpacific Trade and Investment Partnerships have nothing to do with free trade. “Free trade” is used as a disguise to hide the power these agreements give to corporations to use law suits to overturn sovereign laws of nations that regulate pollution, food safety, GMOs, and minimum wages.

The first thing to understand is that these so-called “partnerships” are not laws written by Congress. The US Constitution gives Congress the authority to legislate, but these laws are being written without the participation of Congress. The laws are being written by corporations solely in the interest of their power and profit. The office of US Trade Representative was created in order to permit corporations to write law that serves only their interests. This fraud on the Constitution and the people is covered up by calling trade laws “treaties.”

Jun 01 08:19

For Greece, This Is What Hell Looks Like

So let's say that somehow Greece kicks every can left until the end of 2015. Surely Greece will be out of the woods then, right.

Wrong. Because for Europe's most devastated country, it is only then that the debt nightmare officially begins.

Below are all upcoming Greek debt payments until 2057, also known as the first, ninth and all circles of Greek hell inbetween.

Jun 01 08:11

A First-Hand Account Of The Greek Bank Run

"On the Wednesday and Thursday it was reported that Greeks withdrew 800 million Euro from checking accounts. Friday's number will dwarf that. Whe you go to a Greek bank you pull off a ticket and wait for your number to be called. The hall in my bank contains about 60 seats all of which were filled. There were folks standing behind the seats and in fact throughout the hall, all wanting to get their cash out before the bank closed at 2 PM."

Jun 01 08:10

"The Fed Has Been Horribly Wrong" Deutsche Bank Admits, Dares To Ask If Yellen Is Planning A Housing Market Crash

When the "very serious people" start to admit that the entire house of cards was held together with nothing but bullshit and propaganda, it may be a time to panic...

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Jun 01 07:32

Is The Stock Market Overvalued?… ”Why can’t we ever learn from history? We just keep on making the same mistakes over and over again.”

Are stocks overvalued? By just about any measure that you could possibly name, stocks are at historically high prices right now. From a technical standpoint, the stock market is more overvalued today than it was just prior to the last financial crisis. The only two moments in U.S. history that even compare to our current state of affairs are the run up to the stock market crash of 1929 and the peak of the hysteria just before the dotcom bubble burst. It is so obvious that stocks are in a bubble that even Janet Yellen has talked about it, but of course she will never admit that the Federal Reserve has played a key role in creating this bubble.

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May 31 19:07

All Financial Hell Is About To Break Loose

May 31 18:42

Report: Syria On Brink Of Economic Collapse

May 31 16:04

Russia and China mock divide and rule

Divide et impera? It’s not working. And it’s bound to fail miserably.

As it stands, what we do know is that 2015 will be a hair-raising year in myriad aspects... we all still remain under the sign of a fearful, dangerous, rampantly irrational Empire of Chaos.

Russia could outmaneuver Western financial markets by cutting them off from its wealth of oil and natural gas. The markets would inevitably collapse – uncontrolled chaos for the Empire of Chaos (or “controlled chaos”, in Putin’s own words).

In a different vein of the “soft beds of the East” seducing Marcus Aurelius, the silky splendors of chic Beijing offer a glimpse of an extremely self-assured emerging power. After all, Europe is nothing but a catalogue of multiple sclerosis and Japan is under its sixth recession in 20 years.

May 31 16:04

Did Israel Buy Its Way Out of FIFA Suspension?

You’d have to be comatose not to know of the startling revelations of massive corruption in FIFA that amounted to $150-million in the past few years alone. Eight current or former senior officials were suddenly arrested at dawn at their posh Swiss hotel, where they were preparing for today’s international meeting.

May 31 15:59

US preparing for war with China and Russia to save the banks

“There’s a general recognition growing that the driving force for this war is the utter collapse of the entire Western banking system,” Billington said.

“And the view from London and Washington and New York is we have to go to war, we cannot allow this BRICS alliance between Russia, China, India, South Africa and most of Latin America creating new financial institutions to take away our ability to loot the resources in the developing sector,” Billington noted.

May 31 14:31

U.S. House Prices Back to Pre-Crisis Levels

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May 31 13:30

How Much Money Did the Fed Dump into the Stock Market?

Ever since the housing crash of 2008 and the stock market crash that followed, there has been an undeniable trend in our economy. As soon as the Fed began its quantitative easing program, the stock market started to recover. The more cash they dumped into the economy, the higher NASDAQ would soar. To the central planners in Washington, this was a recovery, but to the average citizen it was anything but. Just because the because the stock market was improving, didn’t mean our finances and standard of living would improve with it.

May 31 13:28

Yet Another Banker Commits Suicide

At this point, it’s hard to say how many bankers have killed themselves over the past two years, which is a troubling thought when you consider how “good” the economy is supposedly doing. On Thursday, another investment banker joined that ever-growing list, after he killed himself in New York City. He leapt from his home on the 24th floor of the Ocean Luxury Apartment Building and landed in the traffic below, leaving a grizzly scene for commuters. And as is all too common in our society today, after the impact mangled his body, tourists on an open air bus scrambled for their phones to take pictures. -

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May 31 11:56

The Rise of Putin and The Fall of The Russian-Jewish Oligarchs

This documentary outlines the rise and fall of the Russian-Jewish oligarchs after the fall of the Soviet Union. The reason why this period in history is important is because it delivered to us and into the political arena, Vladimir Putin, the now Russian President, and the antidote to President Obama who’s serving on behalf of Zionist Jewry and their total control of the United States of America. Had this not taken place, the world we live in would now have been very different with possibly more wars and conflicts and we would be further in the grip of International Jewry.

May 31 07:46

1812: The Inconsequential War That Changed America Forever

Most adult Americans today are unaware of what caused the War of 1812, who started it, what the outcome was, or even who the belligerents were. If I recall correctly, my grade school / high school History Class covered The War Of 1812 — aka America’s Second War Of Independence, or America’s Forgotten War — for a total of maybe one week. And what a worthless week it was. Like most history teachers I’ve ever had, they turned an exciting story into a dry bundle of boring crap … focusing on memorizing dates and random events without getting to the real story behind the story; i.e. why did it happen, how does the war affect us today, and what can we learn from it? This is a crying shame because the war had a tremendous impact on American political development, territorial expansion, and national identity.

May 31 00:22

U.S. Economy Doomed By Healthcare

May 30 20:00

2015 Year of the Dollar Collapse?

May 30 19:30

Income growth: middle class vs upper class

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