Jul 21

Soros

George Soros Doubles Down: Accept 300k Refugees Costing $30Bn, Or Risk EU Collapse:

Seemingly doubling down on his comments in April (following what he called Europe’s “flawed asylum policy”), George Soros has expanded his demands from four to seven fundamental pillars on how to prevent the collapse of the European Union. In an article penned for Foreign Policy titled “This Is Europe’s Last Chance to Fix Its Refugee Policy,” Soros details his plan (over-riding the current “piecemeal approach”) for rescuing Europe before it is too late. Simply put, the billionaire says the EU must take in hundreds of thousands of refugees a year, spend at least 30 billion euros (a minor sum, since he believes it can all be financed by debt and taxes) or Europe faces an “existential threat.”

Soros begins ominously: The EU’s piecemeal solutions are coming apart. Only a surge of financial and political creativity can avoid a catastrophe. Continue reading »

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Jul 20

40 shockingly simple skills that today’s Millennials have no idea how to do:

Behold the following list of amazingly simple skills that have somehow escaped Generation Snowflake. This is what happens when an entire society of teachers, parents and spineless community leaders tell young people they’re “awesome” and “amazing” even when they’re actually rather pathetic and clueless.

As you read this list, recognize that Millennials are just one event away from being removed from the human gene pool via natural selection following almost any disruptive event (power grid failure, natural disasters, war, etc.)

FACT CHECK: Find your closest Millennial neighbor and ask them to carry out anything on this list. If you can find any Millennial who can do any of these things, you may have accidentally stumbled across an Eagle Scout troop meeting. For the rest of today’s youth, they’re clueless!

Read this and weep for humanity’s future… Continue reading »

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Jul 20

UWM prof advocates ‘abolition of whiteness’:

  • A professor at the University of Wisconsin-Milwaukee is calling for the complete “abolition of whiteness,” saying only then will America see an end to racism.
  • Professor Gregory Jay also suggests that Black History Month and MLK Day “ghettoize the question of race,” and that novels like To Kill A Mockingbird serve only to assuage white guilt.

A professor at the University of Wisconsin-Milwaukee is calling for the complete “abolition of whiteness,” saying only then will America see an end to racism.

Professor Gregory Jay’s personal website is devoted almost entirely to questions of whiteness and racism, with some whole essays on topics of “whiteness studies” addressing questions like “who invented white people?”

“Studying whiteness means studying institutional and cultural racism, especially…practices that create ‘white privilege.’”    Continue reading »

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Jul 19

Coming to a country near you … soon … very soon.


This Is What Hyperinflationary Collapse Looks Like:

There was some good news for citizens of Venezuela yesterday, when the government – having mostly given up on trying to provide its citizens’ with even the most basic food needs – announced it has opened its border with Colombia for the second time this month to allow people to buy food and medicine unavailable at home in their country’s collapsing economy. Colombia’s government said 44,000 people crossed on Saturday to buy food, medicine and cleaning products and said it expected that number to almost double on Sunday.

Bus terminals were packed and hotels filled to capacity in the border town of San Antonio, with many traveling hundreds of miles to shop.

The result of the scramble to obtain much needed staples is shown in the photos below.

This Is What Hyperinflationary Collapse Looks Like
Venezuelan citizens waiting to cross into Colombia to buy supplies

This Is What Hyperinflationary Collapse Looks Like-2
More than 100,000 Venezuelans crossed into Colombia over the weekend in
search for food and medicine.

Continue reading »

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Jul 18

123,000 Venezuelans cross border shopping for scarce food:

SAN ANTONIO DEL TACHIRA, Venezuela — More than 100,000 Venezuelans, some of whom drove through the night in caravans, crossed into Colombia over the weekend to hunt for food and medicine that are in short supply at home.It was the second weekend in a row that Venezuela’s socialist government opened the long-closed border with Colombia, and by 6 a.m. Sunday, a line of would-be shoppers snaked through the entire town of San Antonio del Tachira. Some had traveled in chartered buses from cities 10 hours away.

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Jul 17

The Pokemon Pied Piper zombie apocalypse has begun: Hoards of mindless, obedient sheeple now stampede anywhere the puppet masters plant fictitious monsters:

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Jul 17

H/t reader squodgy:

Glass–Steagall Act reinstatement is the only answer for US”


Jul 14, 2016

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Jul 16

14.07.2016

Description:

Bix Weir is back to re-examine ‘The World in 2016’ according to the Rothschild’s Economist magazine. What did the esoteric, occult symbology riddled cover predict, what has come to pass thus far, and what is still to come? We take a deep dive into this and more. Thanks for joining us.

Continue reading »

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Jul 16

16.07.2016

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Jul 16

18.06.2016

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Jul 14

We’re witnessing a complete breakdown in western values:

Two months ago I was with the former President of Colombia, Alvaro Uribe, at his home outside of Medellin.

He was telling me some hilarious stories about his interactions in the early 2000s with Hugo Chavez, who had recently seized power in Venezuela. Continue reading »

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Jul 13

20160713_france

French Intel Chief’s Stunning Warning: Europe Is “On Brink Of Civil War” Due To Migrant Sex Attacks:

In a shockingly non-politically-correct outburst, Patrick Calvar, chief of the Directorate General of Internal Security, told members of the French parliamentary commission that thanks to the increasing frequency of sexual assaults by islamic migrants, “Extremism is growing everywhere… We are on the brink of civil war.” 

As The Express reports, Calver said he feared an inevitable confrontation between the far right and Muslims poses more of a threat than terrorism.

He said that the situation in France is on such a knife edge that it could just take one more major Islamist terror attack to lead to a huge right-wing backlash.

Speaking to the leading French newspaper, Le Figaro, Mr Calvar said: “This confrontation I think it will take place. Continue reading »

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Jul 12

The Chinese Will Need Another Bailout

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Jul 11

Millennials Pay Rent By Selling Their Parents’ Jewelry

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Jul 11

US Consumers No Longer “Eating Out” – Restaurant Guest Counts Tumble To Three Year Lows

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Jul 10

Tear gas, 102 arrested, 21 cops injured in Black Lives Matter protests in St. Paul (VIDEO)

Related info:

Jubilee Jolt: Pre-Planned And Leaked ‘Summer of Chaos’ Begins In Dallas (Video)

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Jul 10

FYI.


After Dallas, conservatives rebel against the Drudge Report

Related info:

Jubilee Jolt: Pre-Planned And Leaked ‘Summer of Chaos’ Begins In Dallas (Video)

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Jul 09

11.03.2016

Description:

Jeff interviews Bulgarian author living in Canada, Philip Lychkov, topics include: Bulgaria under communist rule, the change from socialism to capitalism, state owned businesses, hyperinflation in the west, the situation in Canada, things moving to the East, Canada sells all gold reserves while Eastern countries are buying gold aggressively, a coming economic depression, making preparations for the crisis, pay off your debt! in Bulgaria people thought the government was going to look after them, they were wrong, the end of Europe, the people who prospered during the Bulgarian crisis, precious metals, getting the warning out to others, getting outside the dollar system, what happens after the collapse? Philip Lychkov’s coming book: ‘Surviving Tough Times.’

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Jul 08

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Jul 08

Posted the video already yesterday here:

Michael Krieger of Liberty Blitzkrieg: Complete Collapse of Everything (Video)


economic-collapse-consequence

What’s Starting Now Will Overturn the Entire System: “Complete Collapse of Everything”:

“There’s too much of everything…” The debt, the currency collapse, the global economy, and the institutions we’ve all taken for granted.

All of it is head for prolonged collapse, and revolution.

Michael Krieger of Liberty Blitzkrieg warns about the immense scale of the problems that have been triggered by the Brexit – and could lead to the complete disintegration of the European Union.

The status quo is being disrupted, and a major, major event is coming. This one may well be big enough to wipe everyone out, that is those who aren’t able to duck out and survive.

As Michael Krieger tells Greg Hunter at USA Watchdog: Continue reading »

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Jul 07

20160707_bremerlb_1

Europe’s Bank Crisis Arrives In Germany: €29 Billion Bremen Landesbank On The Verge Of Failure:

When most recently reporting on the latest European banking crisis, yesterday we observed a surprising development involving Deutsche Bank, namely the bank’s decision to quietly liquidate some of its shipping loans. As Reuters reported, “Deutsche Bank is looking to sell at least $1 billion of shipping loans to lighten its exposure to the sector whose lenders face closer scrutiny from the European Central Bank. 

“They are looking to lighten their portfolio and this includes toxic debt. It makes commercial sense to try and sell off some of their book,” one finance source said. Deutsche Bank, which has around $5 billion to $6 billion worth of total exposure to the shipping sector, declined to comment.” Continue reading »

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Jul 07

Meanwhile, European Bank Default Risk Is Spiking:

“It’s probably nothing…”

The headline-maker in Italy is Monte Paschi which has seen CDS soar post the regulatory ban on short-selling stock. At over 1700bps, this implies a 67% chance of default… crushing the hopes and dreams of 100s of thousands of mommas and poppas and Renzi’s dream of reelection…

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As Bloomberg adds, Banca Monte dei Paschi di Siena’s subordinated bonds fell to a five-month low amid reports that Italy and the European Commission are in deadlock over how to boost the country’s broken banking system. Continue reading »

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Jul 07

The Thin Veneer Of Civilization That We All Take For Granted Is Evaporating All Over The Globe:

Have you noticed that the world seems to be going a little bit more crazy with each passing month?  Here we are halfway through 2016, and the rot and decay that are eating at the foundations of civilized society seem to be rapidly gaining momentum.  Every single day, all of us take certain things for granted as we go through our normal routines.  For example, as you walk down the street you probably take it for granted that someone is not going to pull out a gun and try to shoot you.  As members of a civilized society, we have come to expect that our fellow citizens will behave in a certain way.  Unfortunately, the thin veneer of civilization that we have all come to rely upon is steadily evaporating all over the globe, and chaos, crime and violence are all on the rise. Continue reading »

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Jul 07

dominoes falling

As Redemption “Panic” Accelerates, Two More UK Property Funds Slash Value Of Their Property Assets:

Here come dominoes #8 and #9.

As we reported yesterday in the latest twist of the post-Brexit “falling dominoes” where UK property funds have frozen assets and suspended redemptions, which has so far seen over half of the the £25bn in UK property sector suspend trading including such names as M&G Investments, Standard Life and Threadneedle, UK’s asset management giant Aberdeen not only halted redemption requests, but triggered a 17% cut to its asset values for anyone who wants to withdraw their money. Continue reading »

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Jul 07

“Crazy” – The Complete Story Of Debt, In A 40 Minute Video:

Real Vision TV’s Grant Williams offers a true look into what is known as an absurd debt level and unimaginable central bank manipulation.  Less than a week ago we highlighted Grant’s comments on commodities.  Although the information contained in the video below is nothing new to Zero Hedge, we do enjoy the way the information is presented.  Set aside some time to listen as Grant tells a story about debt and the current investment landscape.

Grant sees people “with more power than you can possibly imagine” as the ones responsible for experimental economics that led the world down a path of self destruction. 

I don’t think there is any argument about whether or not the central bankers of the world should have done something in 2008.  The question is ‘should they still be doing it 8 years later‘?”

We recommend viewing the entire clip

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“When a country embarks on deficit financing (Obamanomics) and inflationism (Quantitative easing) you wipe out the middle class and wealth is transferred from the middle class and the poor to the rich.”
– Ron Paul

“Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.”
– Ron Paul

By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”
– John Maynard Keynes

“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.”
– Alan Greenspan

“Capital must protect itself in every way… Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd.”
– J. P. Morgan

“We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the FED. They are not government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers.”
– Louis McFadden

“It was not accidental [the 1929 stock-market “crash”]. It was a carefully contrived occurrence. … The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all.”
– Louis McFadden

“What good fortune for governments that the people do not think.”
– Adolf Hitler

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Jul 07

 

20160706_aberdeen

Domino #7: In Dramatic Twist, UK Property Fund Cuts Value Of Its Assets By 17%:

Instead of suspending trading and implicitly disallowing redemptions, giant fund manager Aberdeen, also known as Domino #7 if the UK ok commercial real estate collapse, has forced investors in its UK Property fund to take a 17% haircut wiping hundreds of millions of dollars off its value. The fund stated that shareholders wishing to redeem will do so at a reduced price in order to reflect the current market environment and the fact that short term trading in the property market has “relatively penal consequences.” Continue reading »

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Jul 07

dominoes falling

More Dominoes : Panic Withdrawals Force Three More UK Property Funds To Freeze Assets:

It’s probably nothing. Continue reading »

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Jul 07

I hope for this family that help is already on the way.

All the best for them.


Meanwhile In Greece, Homeless Family Of 5 Lives In Carton Boxes:

Just when you think, you’ve seen and heard everything possible and impossible in Greece with regard austerity and the crisis… there comes this incredible human story: a family of five living in carton boxes in the city of Patras in western Greece.

As KeepTalkingGreece.com details, the family ended up on the streets after a labor accident of the father. The family has no income. For the last 8 months, the two adults and the three children live in a provisional “shelter” made of carton boxes they have places in a corner of an abandoned and half-constructed building.

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The parents need to feed two toddlers aged 1.5 and 3.5 years old and an older child from the father’s previous marriage. Continue reading »

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Jul 06

EU Banks Crash To Crisis Lows As Funding Panic Accelerates:

The signs are everywhere – if you choose to look – Europe’s banking system is collapsing (no matter what Draghi has to offer). From record lows in Deutsche Bank and Credit Suisse to spiking default risk in Monte Paschi, the panic in Europe’s funding markets (basis swaps collapsing) is palpable.

Tumbling to a fresh post-Brexit low, Europe’s Stoxx 600 Bank Index is testing EU crisis lows…

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Jul 04

H/t reader squodgy:

“Liberty Blitzkrieg…really scared about the prospects that we are all being led to War & it will be hot.”


03.07.2016

Description:

What is coming is much worse than a financial crash. Former Wall Street analyst turned journalist, Michael Krieger, contends, “In my writings, when I first came out of Wall Street, I focused on debt, I focused on economics and I focused on financial markets. I did all of that stuff, but I stopped doing that for one simple reason. It was obvious to me . . . that this thing had only one way to go, which is a complete collapse of everything. We’re going to need to start over. There’s too much debt. There’s too much corruption. There’s too much BS. There’s too much war. There’s too much everything that is bad in this world, and debt is one aspect of it. Are we going to have to wipe out the debts one way or the other? Of course, we will. I guess the reason I have stopped talking about that and writing about that is because it is so obvious. So, what I have been doing over the last three years is getting people aware and engaged on everything, not just the economics, but the political corruption. Every single industry in this world is basically hitting peak corruption, peak shadiness, peak violence and peak everything. So, it’s not just the debt or the economies that are going to collapse, it’s everything, the political establishment and the social fabric. All of these things we have been living under our entire lives will be replaced by something else. . . . The only question is, are we going to get something better or are we going to get something worse?”

Join Greg Hunter as he goes One-on-One with Michael Krieger, founder of LibertyBlitzkrieg.com.

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