Paul Krugman “What Ails The World Right Now Is That Governments Aren’t Deep Enough In Debt”

Paul-Krugman-Keynesians-Fail

You can’t make this stuff up!


–  Paul Krugman “What Ails The World Right Now Is That Governments Aren’t Deep Enough In Debt” (ZeroHedge, Aug 21, 2015):

This was written by a Nobel prize winning economist without a trace or sarcasm, irony or humor. It is excerpted, and presented without commentary.

From the NYT:

Debt Is Good

… the point simply that public debt isn’t as bad as legend has it? Or can government debt actually be a good thing?

Believe it or not, many economists argue that the economy needs a sufficient amount of public debt out there to function well. And how much is sufficient? Maybe more than we currently have. That is, there’s a reasonable argument to be made that part of what ails the world economy right now is that governments aren’t deep enough in debt.

Read morePaul Krugman “What Ails The World Right Now Is That Governments Aren’t Deep Enough In Debt”

Bombshell: Clinton E-Mails Were “Classified From The Get-Go”, Reuters Says

–  Bombshell: Clinton E-Mails Were “Classified From The Get-Go”, Reuters Says (ZeroHedge, Aug 21, 2015):

Just last night, we reported that Hillary Clinton’s campaign had finally admitted that the former First Lady’s private e-mail server – which she used to handle sensitive information while serving as Secretary of State – did indeed contain documents that have since been marked classified.

The admission comes after Clinton sought to appease GOP lawmakers by turning over her personal server to the FBI. Subsequently, reports suggested the server had been wiped clean while an audit of the e-mails Clinton handed in to the State Department showed that some of the threads looked to contain chatter about the CIA’s drone program. 

Read moreBombshell: Clinton E-Mails Were “Classified From The Get-Go”, Reuters Says

Parts of California Have Sunk Over a Foot in Eight Months Due to Drought

Parts of California Have Sunk Over a Foot in Eight Months Due to Drought

–  Parts of California Have Sunk Over a Foot in Eight Months Due to Drought (Liberty Blitzkrieg, Aug 20, 2015):

California Dreamin’ this is not.

Sounds pretty freakin’ terrifying actually. From Bloomberg:

Land in California’s central valley agricultural region sank more than a foot in just eight months in some places as residents and farmers pump more and more groundwater amid a record drought.

Read moreParts of California Have Sunk Over a Foot in Eight Months Due to Drought

WTI Crude Breaks Below Historic $40 Level, Energy Credit Spikes To Record Highs After Rig Count Rise

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–  WTI Crude Breaks Below Historic $40 Level, Energy Credit Spikes To Record Highs After Rig Count Rise (ZeroHedge, Aug 21, 2015):

Well, we have a winner – Oil broke to a 3 handle before 10Y rates hit a 1 handle (just – 10Y at 2.04%) following the 5th weekly rise in rig count (+2 to 674). Energy credit risk is soaring to record highs as investors realize ‘there will be blood’ in all those highly-levered loans.  This is the first time the front-month crude contract traded below $40 since March 3rd 2009… just before QE was unleashed in all its asset-inflating, malinvestment-driving, zombifying glory.

 

BofA Pushes The Panic Buttton: “Dow Theory Sell Signal, Key Supports Broken, Semis Sinking, No Capitulation”

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–  BofA Pushes The Panic Buttton: “Dow Theory Sell Signal, Key Supports Broken, Semis Sinking, No Capitulation” (ZeroHedge, Aug 21, 2015):

Dow Theory flashes sell signal. S&P 500, NYSE & Russell 2000 all closed below key supports.
No tactical capitulation. Not 90% down. ARMS below 2.0. 10-day total put/call ratio not showing panic. But VXV/VIX oversold.

 

Blood On The Streets Of Europe – Stocks Crash By Most In 4 Years, Bond Risk Surges

Blood On The Streets Of Europe – Stocks Crash By Most In 4 Years, Bond Risk Surges (ZeroHedge, Aug 21, 2015):

Carnage – everywhere. A surging EUR – as CNH carry traders unwind en masse – has led to an unwind across most risky assets in Europe. This week saw EuroStoxx 600 – the broad index – crash almost 6%, its biggest drop since September 2011. Perhaps most stunningly, Germany’s DAX was the biggest loser – collapsing 7.4% on the week. European bonds are are also seeing risk increase dramatically with Portugal and Italy worst (aside from Greece’s blowout). Europe’s VIX topped 30 this week, as US VIX surges.

Worst weeek for European stocks in 4 years..

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S&P 500 Breaks Below 2,000, Crashes Into Red Year-Over-Year

S&P 500 Breaks Below 2,000, Crashes Into Red Year-Over-Year (ZeroHedge, Aug 21, 2015):

The S&P 500 index has broken below the crucial psychological 2,000 level for the first time since late January. This is the biggest collapse in stocks since June 2013 (bigger than October’s plunge – which was only rescued by Bullard’s threat of QE4). What is perhaps most worrisome for the trend-followers – the S&P is now down year-over-year for the first time since May 2012… which once again brought The Fed out with moar QE.

The S&P 500 has broken below the crucial 2,000 level…

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And The S&P 500 is now down YoY for the first time since May 2012…

Read moreS&P 500 Breaks Below 2,000, Crashes Into Red Year-Over-Year

Another Black Swan? Syriza Outcasts Form New Political Party, Will Push For GREXIT

Lafazanis

Another Black Swan? Syriza Outcasts Form New Political Party, Will Push For Grexit (ZeroHedge, Aug 21, 2015):

Once upon a time, Panagiotis Lafazanis had a plan to save Greece.

On July 14, just two days after Prime Minister Alexis Tsipras sold out the Greek referendum “no” vote by agreeing to a shockingly punitive bailout deal in Brussels, Lafazanis convened a meeting of Syriza party “rebels” at a hotel in Athens. There, he allegedly attempted to convince his fellow lawmakers to storm the Greek mi

Read moreAnother Black Swan? Syriza Outcasts Form New Political Party, Will Push For GREXIT

What Drought? Nestle Pays Only $524 To Extract 27,000,000 Gallons Of California Drinking Water

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Nestle Pays Only $524 To Extract 27,000,000 Gallons Of California Drinking Water (The Anti Media, Aug 21, 2015)

Nestle has found itself more and more frequently in the glare of the California drought-shame spotlight than it would arguably care to be — though not frequently enough, apparently, for the megacorporation to have spontaneously sprouted a conscience.

Drought-shaming worked sufficiently enough for Starbucks to stop bottling water in the now-arid state entirely, uprooting its operations all the way to Pennsylvania. But Nestle simply shrugged off public outrage and then upped the ante by increasing its draw from natural springs — most notoriously in the San Bernardino National Forest — with an absurdly expired permit.

Because profit, of course. Or, perhaps more befittingly, theft. But you get the idea.

Read moreWhat Drought? Nestle Pays Only $524 To Extract 27,000,000 Gallons Of California Drinking Water

Fears Of Another Mid-East War After Israel Conducts Air Strikes In Syria

By way of deception thou shalt do war


–  Fears Of Another Mid-East War After Israel Conducts Air Strikes In Syria (ZeroHedge, Aug 21, 2015):

Militants, allegedly acting on the orders of an Iranian commander, fired rockets into Israel on Thursday, prompting a swift response from the Israeli military which launched a series of airstrikes across the border in Syria killing at least four.

Marijuana Kills Cancer, Says National Cancer Institute

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Marijuana Kills Cancer, Says National Cancer Institute (Infowar, Aug 20, 2015):

NCI reveals how cannabis “may inhibit tumor growth by causing cell death”

Cannabis kills cancer, the National Cancer Institute admits.

The institute recently updated its ‘Frequently Asked Questions’ page about marijuana to include various studies revealing how cannabis “may inhibit tumor growth by causing cell death, blocking cell growth, and blocking the development of blood vessels needed by tumors to grow” while also protecting normal, healthy cells.

“A laboratory study of cannabidiol (CBD) in estrogen receptor positive and estrogen receptor negative breast cancer cells showed that it caused cancer cell death while having little effect on normal breast cells,” the NCI stated. “Studies in mouse models of metastatic breast cancer showed that cannabinoids may lessen the growth, number, and spread of tumors.”

Here’s the NCI’s full list:

Read moreMarijuana Kills Cancer, Says National Cancer Institute

China’s “Judgment Day” Arrives – Malicious Sellers Slam Stocks Below Communist Floor

China’s “Judgment Day” Arrives – Malicious Sellers Slam Stocks Below Communist Floor (ZeroHedge, Aug 20, 2015):

Chinese media are describing tonight’s market action as “Judgment Day” for China, as SCMP’s George Chen explains, the crusade of ‘malicious short sellers’ against the Communist central planners and their ‘funds’ is in full swing. The “manage-the-economy-by-technical-analysis” strategy appears to have failed as Shanghai Composite has broken notably below its 200-day moving average – which six times before has been defended aggressively. Chinese Stocks are back at 7-week lows, just off the crash lows in July.

  • *CHINA’S SHANGHAI COMPOSITE FALLS 3% TO 3,552.82 AT BREAK
  • *CHINA’S CSI 300 INDEX FALLS 3.1% TO 3,646.45 AT BREAK

The big showdown – can the 200DMA be defended… or more crucially, the July lows!!

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Read moreChina’s “Judgment Day” Arrives – Malicious Sellers Slam Stocks Below Communist Floor

First Female Soldiers Graduate Elite Army Ranger School: ‘I Thought We Were Going to Be Dropped’

They’ll surely will drop you somewhere, … as cannon fodder.

Henry Kissinger: “(Soldiers are) dumb, stupid animals to be used as pawns for foreign policy.”
(as quoted in Woodward and Bernstein’s “The Final Days”, ch. 14)


First Female Soldiers Graduate Elite Army Ranger School: ‘I Thought We Were Going to Be Dropped’

 The first women to graduate from the Army’s rigorous Ranger School on Friday received the coveted Ranger Tab uniform patch, signaling their membership in the elite corps of soldiers.

Europe hit by the strongest drought in the last 12 years

H/t reader squodgy.

He commented here “Engineered Drought Catastrophe, Target California (Video)“:

“And Europe perhaps?”

* **

It is all planned.

There will be hunger and civil war (also in France, Italy and Germany) in Europe after the financial collapse.

And after that the Illuminati have WW3 (no full nuclear exchange) planned for us.


Europe hit by the strongest drought in the last 12 years (The Watchers, Aug 21, 2015):

One of the worst droughts since the heat wave of the 2003 summer season affected a large part of continental Europe during June and July 2015, European Drought Observatory (EDO) reported. The drought has been especially strong across France, Benelux, Germany, Hungary, the Czech Republic, the areas in northern Italy and northern Spain.

The drought resulted from the combination of rain shortage since April and very high temperatures brought by the heat wave in July. The combination of these conditions resulted in high plant evapotranspiration levels, and strongly affected the soil moisture content and vegetation conditions.

soil moisture content

Areas with the lowest soil moisture content since 1990 in July 2015 (in red) and in July 2003 (blue).

Read moreEurope hit by the strongest drought in the last 12 years

Tianjin, China, cyber attacks and ‘computationally amplified warfare’ – Health Ranger warns of China’s plan to destroy America from 7000 miles away

The Illuminati control all sides. They just use countries under their control like the U.S., China and Russia to execute their agenda.

Playing race against race, country against county, young against old, men against women is their game.

Divide et impera is its name.

I’ve come to the conclusion that …  We Are On Our Own

Putin-satanic-hand-signobama-satanic-salute-handsign

FYI.


Destroy-America-Burning-Flag

Tianjin, China, cyber attacks and ‘computationally amplified warfare’ – Health Ranger warns of China’s plan to destroy America from 7000 miles away (Natural News, Aug 20, 2015):

As a follow-up to our exclusive Natural News story on the Tianjin explosion in China — which also covered military helicopters in Beijing and “kinetic retaliation” by the Pentagon using exotic space weapons — I’m offering additional analysis of the global war that’s already under way (and where it’s headed).

There are two things to disclose up front. First, make no mistake: I am pro America in all this. China is an evil, communist regime that enslaves its people and commits heinous crimes against humanity (such as the organ harvesting of political prisoners). Although I am extremely critical of the corrupt Obama regime currently in power in Washington, I am 100% pro-America and pro-freedom (and especially pro-Texas). I offer this information in the hope that America can defend itself against the crippling attacks that will soon be unleashed by China.

Secondly, I thought it was common knowledge that I speak conversational Mandarin Chinese and previously lived in Asia, but it seems a lot of people weren’t aware of that. I can only speak and listen to Mandarin, I cannot read it, so I rely on translators to help me read Chinese documents. (Documents from mainland China are written in “simplified” Chinese, while those from Taiwan are mostly written in traditional Chinese.) For many years, I have maintained contact with dissident sources in mainland China, and while they aren’t 100% accurate, they have proven reliable over time.

Mainland China, much like Google News, censors NaturalNews.com and does not allow anyone to access this website. The Chinese government operates a massive censorship firewall which forbids the transmission of any content that’s critical of the government. (Similar to the NY Times or the Washington Post, both of which are state-run media mouthpieces for the criminal regime in Washington D.C.) As a result, Chinese dissidents risk their lives to bring you the information you’re reading here. China just recently arrested 15,000 people for so-called “internet crimes.” Such “crimes” include writing a blog that reports the truth about Chinese government corruption.

The Chinese game plan for attacking America

Based on what I’ve learned from multiple sources, the Chinese game plan for America consists of a triple-layered simultaneous surprise attack — an “electronic Pearl Harbor” — as described below. For the record, this information is gleaned from a combination of things I’ve been told, things I’ve read and the exercising of “connect the dots” logic that anticipates likely tactical moves targeting the United States.

Here’s the triple-layer assault America may soon face:

Layer #1) An attack on the dollar and U.S. debt instruments.

Layer #2) A massive cyber warfare attack on the U.S. infrastructure.

Layer #3) An attack on U.S. military satellites to maximize the disruption of military communications, banking transactions, emergency services and other systems that depend on satellite communications.

I discuss each of these in more detail below:

#1) An attack on the dollar and U.S. debt

China is gearing up to announce its own gold-backed currency. This will be accompanied by a fire sale of U.S. debt on the global market, driving up U.S. borrowing costs across the globe, thereby accelerating America’s Ponzi-style debt demise.

The primary leverage point here is to destroy faith in the dollar (and the credit rating of the U.S. Treasury) at the same time the Yuan is declared to be backed by gold, which the Chinese government has been secretly accumulating to the tune of thousands of tons over the last 15 years or so. (Don’t believe the official numbers of reported gold holdings. They are intentionally misleading.)

The recent 1.9% devaluation of the Yuan (followed by two additional devaluations totaling over 4%) was merely a small tactical move in a much larger battle… a battle in which China is holding all the cards and most of the gold. By devaluing the Yuan, China is destroying the economic foundation of America’s manufacturing industry, creating widespread bankruptcies and unemployment across the USA (which is heavily dependent on imports from China for its mass consumerism society).

America’s primary fiscal vulnerability is that it remains a nation drowning in debt, mounting up somewhere around $18 trillion so far (with about half of that under the Obama regime alone). The Federal Reserve has indirectly resorted to printing money to pay the interest on the debt, thereby compounding the debt acceleration. (i.e. the Fed prints money to buy up the Treasury’s debt instruments.) Once China unleashes its full assault on the dollar, America will have little choice but to begin radically debasing its own currency through large-scale “quantitative easing” approaching $2 trillion per year. From here, the mathematical demise of the dollar is a simple inevitability that follows a geometric progression ending in collapse.

In essence, America has placed itself in a position of extreme financial vulnerability, and all an enemy nation has to do is achieve the slightest disruption of the entire financial house of cards, unleashing a self-reinforcing financial cascade of doom.

#2) A massive cyber warfare attack on the U.S. infrastructure

Although the existence of the Chinese cyber warfare army division of the PLA has been covered in the U.S. media, the full extent of its capabilities has never been accurately revealed.

What’s not being publicly discussed is the fact that China’s present-day hack attacks are merely probing attacks, primarily designed to identify vulnerabilities and gather information. When PLA hackers can access vulnerable information, they will take it (such as the massive database of U.S. military personnel that was recently stolen). However, China is currently holding back and intentionally not trying to showcase its full capabilities… nor does it wish to reveal the infrastructure targets it has already compromised (water facilities, nuclear power plants, city infrastructure, telecommunications, refineries, etc.) All these infrastructure hubs will be simultaneously targeted during the primary attack.

Based on what I’ve researched so far, the end game strategy of the PLA is to coordinate a massive cyber attack wave against America at the same time China announces its gold-backed currency while denouncing the dollar. The two attacks are mutually reinforcing. In other words, the effect of each one amplifies the effectiveness of the other strategy. U.S. infrastructure chaos, in other words, is more devastating when combined with a sudden collapse in the faith of the dollar itself (with all the obvious impacts across banking, commerce, Wall Street, etc.).

In military strategy language, we often hear the term “asymmetrical warfare” which usually refers to terror-style attacks achieving a seemingly disproportionate psychological or tactical impact on the target population. However, China’s cyber warfare strategy goes far beyond asymmetrical warfare. They are gearing up to unleash what can only be called computationally amplified warfare which relies simultaneously on the power of computational prowess (on the attacking side) and the rapid collapse of computational weaknesses (on the target side) to achieve speed-of-light domination over the relative field of battle (which is now the realm of interconnected computers rather than cities, roads and bridges).

Likely targets of this “computationally amplified warfare” include:

• Nuclear power plants
• Water pumping stations and treatment facilities
• Transportation and logistics companies
• Oil refineries
• Credit card processors and transactional commerce hubs
• Hospitals and clinics
• Emergency responders (fire stations, police, Sheriff’s offices)
• Government (agencies, regulators and coordinators)
• Military organizations and weapons suppliers
• Communications hubs, including satellites and point-to-point ground-based transmission networks

If you consider that cyber attacks may succeed against some percentage of these targets at the same time China is selling off U.S. debt, denouncing the dollar and disrupting financial transactions nationwide, you begin to get a sense of the total social chaos that can be unleashed through such an attack.

3) An attack on U.S. military satellites

Satellites are fragile things. Destroying them does not take much in terms of actual mass; it only takes targeting capabilities to direct small mass objects into the orbital trajectory of the satellite itself.

This is surprisingly easy to accomplish by any nation that possesses orbital launch capabilities. Communications satellites move in predictable orbits with only minor deviations. Intersecting those orbits with small pellets of tungsten moving at ridiculously high velocities is ridiculously easy for any advanced nation to achieve. Because impact energy equals mass times velocity squared, even very small pellets of mass can shred satellites upon impact. (A simple BB from a BB gun can destroy a billion-dollar satellite if their two paths intersect at sufficient relative velocity.)

Why tungsten? It’s cheap and has very high density per volume, with isotopes achieving atomic masses of 182, 184 and 186, if I’m remembering my lab tables correctly. Common lead isotopes, by comparison, have atomic masses in the range of 206 – 208.

An obvious military strategy for America’s enemies would be to destroy U.S. military and communications satellites at the same time the cyber war and currency war is launched. Cutting off satellite communications will paralyze the U.S. military, shut down banking transactions and cripple much of the nation’s transactional and media infrastructure. The aim is to cause maximum confusion and disruption at the same time that stocks are crashing, banks are bleeding and debt instruments are collapsing. From China’s point of view, it also doesn’t hurt that such an attack would likely disable the national EBT card transaction system, sending nearly 50 million Americans into mass riots across America’s major cities, demanding their government food stamp money.

In addition, China obviously hopes to destroy the Pentagon’s secret space weapons (i.e. “Rod of God” orbital weapons) which are now believed to have rained down kinetic Hell upon Tianjin as a warning against currency manipulations. While such satellites may be devastating weapons against immobile ground targets, they have no defenses against orbital projectiles themselves. All the Pentagon’s satellites, ultimately, are “sitting ducks” in orbit.

As it turns out, it is far easier to destroy satellites than it is to build them, so China’s strategy of destroying satellites is bound to out-pace America’s ability to replace them. The destruction of satellites also has the “benefit” (from China’s point of view) or polluting orbital paths with space debris, effectively creating “no fly zones” at high Earth orbit. Any object crossing into such a zone is likely to be obliterated by debris.

No occupation plan: Simply let America destroy itself

Interestingly, what’s likely missing from China’s attack plan on America is the most traditional element of a war: boots on the ground occupation of enemy territory.

By my estimation, China has no plan, nor need, to attempt to occupy the American mainland. It is sufficient, from their point of view, to remotely cripple America’s currency, economy and infrastructure. From there, it’s not difficult to realize that America will collapse into its own destruction and chaos stemming from the social chaos and economic apocalypse.

This is not to say, however, that Russia or other nations aren’t planning their own attempted occupation in conjunction with China’s economic assaults. In an actual military invasion, America’s cities will fall very quickly, as most city-dwellers are incapable of mounting anything resembling a citizens’ defense. The countryside, however, is a very different story, and the tale of “Red Dawn” depicted in Hollywood movies isn’t merely a fictional construct.

Thanks to the Second Amendment, rural Americans are armed to the teeth, and any invading force intending to occupy America’s countryside will quickly find itself mired in an untenable firefight with entrenched rural Americans sporting everything from long-range hunting rifles to semi-auto .50 caliber rifles capable of disabling vehicles over a mile away. “Don’t mess with Bubba!”

The new rules of warfare

What we’re witnessing in all this is a reflection of the “new rules of warfare.” Because today’s nations are built on fragile, delusional systems of debt and propaganda, they are easily toppled via unconventional means that don’t resemble the historical tools of conventional (kinetic) warfare.

In essence, what we’re already starting to witness is the first world war in the post-kinetic age of warfare. Now, wars are electronic, not kinetic.

Specifically, you no longer have to drop bombs on a nation to shut down its factories (as was the default in World War II). Instead, you only have to control the programs that run the factories… or disrupt the commerce that financially supports the factories. Similarly, if you can shut down the power grid that feeds the factories, they’re as good as dead.

Much of America today is running on faith (delusion), not economic reality, so China knows that bringing the nation to its knees does not require kinetic bombardment. It merely requires sufficient disruption to collapse the faith. Once false faith collapses, the collapse of everything else follows. China merely needs to create enough disruption so that the average America witnesses undeniable evidence that they’ve been lied to about the strength of the dollar, the solidity of government, the safety of bond investments and so on.

How America can defend herself against the new model of warfare

Given the new ground rules of war among nations, what can the United States do to protect herself from China’s triple threat?

The answers are precisely the opposite of what the socialist regime in power right now wants to see happen:

• DECENTRALIZE: The more centralized systems are, the more vulnerable they are to cyber attacks. Decentralized systems (of water, power, food distribution, banking, etc.) are, by definition, more redundant and less vulnerable. Note that this is the opposite of what Washington wants, which is total dictatorial control over everything. (Liberal politicians, in particular, HATE self-reliance among citizens.)

• Run the federal government on a truly balanced budget that requires NO additional debt to fund. The ever-present need to keep selling off new debt is a huge part of what makes America so vulnerable and easily compromised by foreign debtors.

• Encourage self-reliance across the population so that when things go wrong, people have at least an inkling of how to get by on their own without crying for the government to come rescue them. (Democrats are wholly opposed to anything resembling self-reliance. They prefer that all people are entirely dependent on the government to take care of them.)

• Stop the Federal Reserve’s monetary policy of currency debasement that essentially exports America’s debts to foreign nations due to the predominance of the dollar as the world’s exchange currency. The continued printing of money by the Fed is essentially siphoning money from China via the devaluation of debt (i.e. debasement of the global dollar supply). This is perceived by China as a slow, insidious theft via the central banks.

• Get serious about cyber security. Many power plants across America are still running on outmoded systems first designed decades ago. Although they’ve been upgraded, many were designed with security structures that simply cannot be “patched” into a state of high security. They need to be rebuilt from the ground up as new systems designed around high-security structural logic that wasn’t refined until recently. For example, many login passwords of older systems are limited to passwords of merely eight characters in length!

• Get tough with international diplomacy! This is where America needs a tough negotiator like Donald Trump. The pathetically weak academics currently in positions of international diplomacy are little more than political clowns pretending to be international leaders. Only someone like Trump has the backbone to negotiate with nations like China and Russia. Putin vs. Trump might be a fair fight. Putin vs. Obama is a total joke (and Putin knows it).

• Boost the intelligence of the intelligence agencies. I don’t know how many times I’ve written about the FBI running domestic terrorism scams across America so that it can “catch” bad guys committing the crimes the FBI plotted out from the get-go. This seems like a complete waste of law enforcement resources. Although there are some very, very bright people in the FBI, CIA and NSA, they too often get ordered to do things that are utterly stupid. In my opinion, these agencies need to have smarter directives, and they also need to reach outside the box and start talking to independent-minded thinkers, authors, conspiracy historians and others who can offer precisely the kind of analysis you’ll never get from inside a bloated bureaucracy still living in the past.

If Trump gets elected President, I’d personally volunteer in his administration to help assess and shore up cyber vulnerabilities across America’s critical infrastructure. But even if that gets done, we still have the massive EMP weapon vulnerability that requires a few billion dollars (and several years) in power utility replacement costs to address. To be truly safe from cyber attacks, America would need to embark on a kind of “Manhattan Project” of cyber security. Specifically, passwords alone are not enough. Dual authentication schemes (tokenized or biometric) need to become the default standard in all sensitive installations, and vulnerable systems need to be taken offline and run locally (manually) until the vulnerabilities are eliminated.

North Korea Declares State Of War After Argument Over Loudspeaker Spirals Out Of Control

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North Korea Declares State Of War After Argument Over Loudspeaker Spirals Out Of Control (ZeroHedge, Aug 20, 2015):

Kim Jong-un has declared a state of war following an escalation of hostilities across the DMZ. Here’s Xinhua:

The top leader of the Democratic People’s Republic of Korea (DPRK) Kim Jong Un has ordered the country’s frontline combined forces to enter state of war from 5pm (0830 GMT) Friday. the official KCNA news agency reported Friday, the official KCNA news agency reported early Friday.

Read moreNorth Korea Declares State Of War After Argument Over Loudspeaker Spirals Out Of Control

The Big List of Things That Are Going to Happen In September 2015 (Video)


Aug 20, 2015

Description:

Is September 2015 going to be a month that changes history? For months, there has been an unprecedented amount of buzz all over the Internet about what is going to happen in September. And without a doubt, we are going to witness a convergence of events during that month that is quite remarkable. What I have attempted to do in this article is to put together a list of things that we know will happen next month. Some of the lists that I have seen contain things that cannot be proven or that are simply inaccurate. And of course it is very likely that some things will happen in September that we cannot anticipate right now. I am just providing the information that I have at this time, and it is up to you and your family to prepare for what you believe will happen. The following is my big list of 33 things that are going to happen in September 2015…

How Western Governments Will Steal Your Land, Part I

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How Western Governments Will Steal Your Land, Part I (Sprott Money, Aug 19, 2015):

This was a difficult piece to write, and an equally difficult piece to title, because the people who most need to see this message are simultaneously the least-likely to read it. How do you steal anything? Boiled down, there are only two procedures: doing so via brute-force (i.e. robbery), or doing so by deception (i.e. fraud).

This is primarily a warning about the latter form of stealing, although ultimately there will be brute-force employed, for any who attempt to resist the mass-foreclosures and mass-evictions which are now imminent. To explain how your land will be stolen from (most of) you – by fraud – first requires a brief lesson in economics, conducted via a simple, hypothetical scenario.

Read moreHow Western Governments Will Steal Your Land, Part I

Gold Surges Above Key Technical Level, Silver Regains Last Week’s Losses – Gold Best Defence In A Genuine Currency War

–  Gold Surges Above Key Technical Level, Silver Regains Last Week’s Losses (ZeroHedge, Aug 20, 2015):

Gold has filled the gap from the mid-July China crash and broken above its 50-day moving average for the first time since June. Silver is surging once again this morning reoundtripping to last week’s pre-flush highs…as The US Dollar limps lower.

Gold breaks above the 50DMA for first time since June…

Turkey On The Brink As Calls For Martial Law, Civil War Send Lira Plunging Again

Now that is escalating quickly.

And it could get much, much worse as I’ve mentioned HERE.


Turkey On The Brink As Calls For Martial Law, Civil War Send Lira Plunging Again (ZeroHedge, Aug 20, 2015):

For anyone who might have missed it, Turkey is quickly descending into chaos on all fronts.

The lira is putting to new lows against the dollar on a daily basis as confidence suffers from a worsening political crisis which began in June when AKP lost its parliamentary majority for the first time in over a decade throwing President Recep Tayyip Erdogan’s plan to transform the country’s political system into an executive presidency into doubt. Not one to give up easily (especially when it comes to consolidating his power), Erdogan proceeded to launch an ad hoc military offensive against the PKK in an attempt to undermine support for the pro-Kurdish HDP ahead of new elections which, thanks to the willful obstruction of the coalition formation process, are now virtually inevitable.

Turkey’s central bank hasn’t helped matters and the lira legged lower on Wednesday after it was made clear that a rate hike was not in the cards until Fed liftoff is official.

Greek PM Alexis Tsipras To Resign; New Elections Set For September 20

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Greek PM Alexis Tsipras To Resign; New Elections Set For September 20 (ZeroHedge, Aug 20, 2015):

Update: GREEK PM TO HAND IN RESIGNATION TO PRESIDENT LATER ON THURSDAY -GOVT OFFICIALS 

“Greek state broadcaster ERT is reporting that the embattled prime minister will announce the vote later today. The PM has been meeting with government officials this afternoon and could resign from office having called the vote. September 13 and 20 have been touted as possible dates.”

Wow …

Read moreGreek PM Alexis Tsipras To Resign; New Elections Set For September 20

UK Stock Market Tumbles Into 10% ‘Correction’ – Gone Nowhere Since Feb 2013

UK Stock Market Tumbles Into 10% ‘Correction’ – Gone Nowhere Since Feb 2013 (ZeroHedge, Aug 20, 2015):

Just as The BoE starts to hint at raising rates sometimes, maybe, possibly, never… The FTSE 100 tumbles into yet another correction – down 10% from its record highs set shortly after Draghi unleashed Q€. At current levels, the UK stock market has seen no appreciation since Feb 2013…

“Mystery” Cyanide Foam Covers Streets In China After Tianjin Storms As “Massive Fish Die-Off” Photographed

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“Mystery” Cyanide Foam Covers Streets In China After Tianjin Storms As “Massive Fish Die-Off” Photographed (ZeroHedge, Aug 20, 2015):

 On Wednesday evening we noted that China, in what looks like an attempt to discourage investigative reports into Communist Party culpability for the explosion at Tianjin which killed more than a hundred people and injured more than 700 last week, revealed the previously unnamed majority shareholders of Tianjin International Ruihai Logistics.

The two men – a Mr. Yu and a Mr. Dong – have Party ties and admitted to using their political connections to skirt restrictions on the storage and handling of hazardous chemicals like sodium cyanide.

Read more“Mystery” Cyanide Foam Covers Streets In China After Tianjin Storms As “Massive Fish Die-Off” Photographed

Can Kickers United … Why It’s Getting Downright Hazardous Out There

Can Kickers United—–Why It’s Getting Downright Hazardous Out There (Contra Corner, Aug 20, 2015):

It’s getting downright hazardous out there, and not just because the robo-machines were slamming the “sell” key today. The real danger comes from the loose assemblage of official institutions which claim to be running the world.