Jan 11

Protests In Mexico Push Country To Brink Of Revolution And Nobody’s Talking About It:

Long-simmering social tensions in Mexico are threatening to boil over as failing neoliberal reforms to the country’s formerly nationalized gas sector are compounded by open corruption, stagnant standards of living, and rampant inflation.

The U.S. media has remained mostly mute on the situation in Mexico, even as the unfolding civil unrest has closed the U.S.-Mexico border in San Diego, California, several times in the past week. Ongoing “gasolinazo” protests in Mexico over a 20 percent rise is gas prices have led to over 400 arrests, 250 looted stores, and six deaths. Roads are being blockaded, borders closed, and government buildings are being sacked. Protests have remained relatively peaceful overall, except for several isolated violent acts, which activists have blamed on government infiltrators. Continue reading »

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Jan 05

Looting, Riots In Mexico Spiral Out Of Control Over 20% Gas Hike; Hundreds Arrested:

Four days after the first sporadic protests emerged in Mexico City, following the infamous “gasolinazo”, or mandatory 15%-20% increase in Mexican gas prices which went into effect on January 1, the mood across the country has significantly deteriorated, with hundreds of demonstrators blocking highways, snarling traffic, raiding gas stations, jeopardizing critical supplies, and looting stores as angry but impotent motorists lashed out at the price surge, which is only going to get worse as inflation spikes even more following the record plunge in the Mexican Peso.

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Jan 04

Prices offered by different shops can vary wildly. For example, offers on a single diamond ring Birnholtz shopped around to different storefronts in the Detroit area ranged from $65 to $1,060.


Survey of pawnshop users shows where banks fail low-income Americans:

Pawnshops don’t exactly have the best of reputations. Their business model – offering people short-term loans using personal items as collateral – has consistently drawn complaints suggesting the industry preys upon the needy. In 2012, when a national chain wanted to open a pawnshop in a long-vacant lot in Chicago’s predominantly African American 18th Ward, for example, community members erupted up in strident opposition.

If there’s such a negative public perception of pawnshops why do some 30 million Americans use them every year? Continue reading »

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Jan 01

Dec 31, 2016

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Dec 28

Toshiba Falls By Limit 20%, CDS Soar By Most On Record As Full Extent Of Damage Revealed:

One day after Toshiba’s new CEO, Satoshi Tsunakawa, pulled a page from the book of his ill-fated predecessor Hisao Tanaka who presided over the biggest accounting fraud scandal in the company’s history, and bowed down during a press conference to apologize to investors, the company’s stock crashed by the limit 20%, bringing its two day loss to 32% and wiping out $5 billion in market cap in two days.

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Dec 22

Pension Panic: The Coming Financial Bubble Nobody Is Talking About:

For millions of public sector workers in the U.S., state-run pension funds are the only chance left for a comfortable retirement. In the hopes of providing a stable future for their families, an entire generation was duped into putting decades of their earnings into these supposedly ‘risk-free’ investments. Unfortunately, those who have entrusted the government to manage their life savings may end up destitute as a result.

Budgetary shortfalls that have plagued Detroit for years are now spreading to other municipalities. Since 2008, six local governments have been forced to renegotiate their debts in bankruptcy court, with many others on the same trajectory. The scale of the problem has been repeatedly understated by the media, but across the nation, a somber reality is beginning to set in. Continue reading »

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Dec 20

Brandon Smith Warns The System Is Crashing: “Prepare For Bank Confiscations, Shortages, Insurgency”:

Military, police and homeland security units have all long been preparing for riots and widespread civil unrest during a prolonged collapse.

What is the anatomy of a breakdown?

The past eight years have been extremely difficult for the real economy. Central bank intervention has propped up the stock market at the expense of the main street economy, at the expense of middle class security, at the expense of jobs.

And everyone knows that game can’t continue. The question is how it will play out, and how long the game will be. Continue reading »

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Dec 20

Former Counterintelligence Special Agent, US Army Chief Warrant Officer, and Combat Veteran. I grew up in the woods and spent a lifetime in various environments from deserts to jungles to politically-sensitive urban environments, and I’m here to tell you what I know.

How to be the Gray Man when SHTF:

What is the Gray Man concept and what does it have to do with survival?

“Don’t be a fly on the wall. Be the wall.” Remember what they say about first impressions? They last. Don’t make a first impression. Don’t make an impression at all.

Ever watch The Silence on Dr Who? They could make you forget they were there. You should leave a person just like that. Why do people make an impression? Because they stand out. Standing out in a SHTF or disaster scenario can get you killed.

Some people just naturally stand out. Some are tall, some are large, some are gorgeous, some are loud. Why do they stand out? They stand out because they trigger something in your thought process. It could be that you somehow consider them a threat, a potential mate, remind you of someone in the past or are just wearing something that doesn’t fit with your expectations at the time.

The secret to not standing out is hidden herein. In order to stay off the radar of others, whether you’re an undercover secret agent or just trying to get through a bad neighborhood, you need to be the person who doesn’t trigger anything in the thought process of others. We call that person the Gray Man. He is invisible. It’s not that he doesn’t exist or interact with people though. He can walk through a crowd, take note of everything he wants, complete his mission or walk through an area and be out without anyone remembering he was there. Continue reading »

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Dec 17

Venezuela Deploys National Guard As Venezuelans Protest Worthless Cash:

Protests and looting broke out in parts of Venezuela on Friday as desperate and cashless Venezuelans, angry that the government hasn’t exchanged their voided bank notes, rose up. The riots were quickly put down, however, when National Guard troops were deployed to put down the unrest.

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Dec 15

Ex-Fed Advisor: Looming Pension Catastrophe Makes It “Hard To Sleep At Night”:

This article was originally published at Birch Gold Group

Of all the troubling economic issues in the United States today, the current crisis erupting from mismanaged public pension programs stands out as a uniquely menacing threat to Americans’ financial security. Five major cities have filed bankruptcy over pension woes since 2008, and dozens more are teetering on the brink.

Faced with massive budget shortfalls, a rapidly increasing number of beneficiaries, and stagnant rates of return, federal and state pension funds around the country are near their tipping point.

Ex-Federal Reserve advisor Danielle DiMartino Booth warns: Continue reading »

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Dec 14

“Run On Banks” As 72-Hour Mandate Forces Venezuelans To Turn In Large Bills: Strict Cash Controls:

In the ongoing saga of Venezuela’s sad economic slide into hell, it came as a strong arm move on the part of President Maduro.

Bank runs are happening in Venezuela, but not to pull money from the banks; rather, to get their 100 Bs. bills into the banks before a 72-hour time limit expires and the notes become outlawed currency that is no longer officially recognized. Continue reading »

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Dec 14

Industrial Production Disappoints For 15th Straight Month – Longest Non-Recessionary Streak In 100 Years

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Dec 13

13.12.2016

H/t reader squodgy.

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Dec 12

urban-wasteland

25 Cities On the Brink of Disaster: “Don’t Be Here When Things Get Violent, Unsafe and Fragile”:

The 21st Century is inching ever closer towards chaos… and the time to get out of the big city is upon us.

With economic conditions, growing crises, desperate populations looking to scratch by, and more hatred and division than at any previous point in American history, the city has become a dangerous and unruly setting – and finding yourseld in one that is falling apart could be the worst mistake you ever make.

People are living in bigger urban zones than ever before… these megacities are the hotspots of global activity. But many are also proving to be the most dangerous place to be in a collapse. Crime is rampant, order is shaken and many people become willing to take advantage of the situation. Many areas are vulnerable to natural disasters, and have already lost control during past emergencies. Continue reading »

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Dec 11

bolivars-teaser

Maduro Stunner: Venezuela Eliminates Half Its Paper Money After Pulling Largest Bill From Circulation:

Having observed the economic chaos to emerge as a result of India’s shocking Nov. 8 demonetization announcement, and perhaps confident it can do better, today president Nicolas Maduro of Venezuela, Latin America’s most distressed economy, mired in an economic crisis and facing hyperinflation, likewise shocked the nation when he announced on state TV that just like India, Venezuela would pull its highest denominated, 100-bolivar bill (which is worth about two U.S. cents on the black market), from circulation over the next 72 hours, ahead of the introduction of new, higher-value notes, as large as 20,000.

“I have decided to take out of circulation bills of 100 bolivars in the next 72 hours,” Maduro said. “We must keep beating the mafias.”

To this we would add “and cue economic chaos”, but since this is Venezuela, that’s a given. Continue reading »

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Dec 10

06.12.2016
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Dec 09

08.12.2016

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Dec 07

Half of southern Italians at risk of poverty:

One in four Italians is at risk of poverty or social exclusion, a new report from national statistics agency Istat has found. According to the estimates, almost 17.5 million people in the country live in poverty.

Families with children are more at risk of poverty than ever, with those having at least three children at highest risk. Data shows that last year 48.3 percent of them were struggling to make ends meet. That figure was up from 39.4 percent in 2014.

Overall, the poverty rate in Italy has remained stable at 28.7 percent compared with 28.3 percent a year earlier. Continue reading »

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Dec 05

FYI.


03.12.2016

H/t reader squodgy:

“Divide & Conquer”

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Dec 03

bolivar-12-1-2016_0

“Economy Shattered, Currency Collapsing”: Venezuelans Wait In 6 ATM Lines For Enough To Buy Rice:

Is this how the economic crisis will play out in America? A cash strapped population, forced to the brink and stripped of their dignity?

Unfortunately, it is already underway in Venezuela.

Of course there is a higher standard of living in the United States overall, but tens of millions of people are already on the edge of poverty and tens of millions more can be brought to their knees in a matter of hours. Continue reading »

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Dec 03

Trump is just another elite puppet (like Killary) that has been put in place by the elite to maybe create order out of chaos …

Rockefeller-nwo-New World Order

…, or maybe even more chaos (with people doing the depopulation for TPTB, who will be sitting in their D.U.M.B.’s, celebrating and opening some legendary Château Lafite-Rothschild bottles).

However, in my opinion, there will be an economic collapse, hyperinflation, civil war, revolution followed by WW3, all planned by TPTB for us.

Related info:

Why Did George Soros Forgive Donald Trump As Much As $312 MILLION In Debt For No Apparent Reason?

Former Goldman Partner And Soros Employee Steve Mnuchin And Billionaire Wilbur Ross Confirm Elite Puppet Trump Nominations On CNBC

Hillary Clinton & Donald Trump Are Both Elite Puppets, Serving The Same Master

Trump-Satanic-Hand-SignTrump-ClintonHillary-Clinton-Satanic-Hang-Sign


H/t reader squodgy:

“Was Trump’s win engineered to actually facilitate the agenda?”

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Dec 02

Americans Not In The Labor Force Soar To Record 95.1 Million: Jump By 446,000 In One Month:

So much for that much anticipated rebound in the participation rate.

After it had managed to post a modest increase in the early part of the year, hitting the highest level in one year in March at 63%, the disenchantment with working has returned, and the labor force participation rate had flatlined for the next few month, ultimately dropping in November to 62.7%, just shy of its 35 year low of 62.4% hit last October. This can be seen in the surge of Americans who are no longer in the labor force, who spiked by 446,000 in November, hitting an all time high of 95.1 million.

labor-force-participation-rate-not-in-labor-force-95mm

As a result of this the US labor force shrank by 226,000 to 159,486K, down from 159,712K a month ago, and helped the unemployment rate tumble to 4.6%, the lowest level since August 2007.

Continue reading »

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Dec 01

H/t reader squodgy:

“The future of the Economy is NOTHING TO DO WITH TRUMP….X-22 Report”

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Nov 30

Why Are So Many Among The Elite Building Luxury Bunkers In Preparation For An Imminent ‘Apocalypse’?:

Do they know something that the rest of us do not?  There are tens of millions of ordinary Americans that are feeling really good about the future now that Donald Trump has won the election, but meanwhile the elite are feverishly constructing luxury bunkers at a pace unlike anything we have ever seen before.  So why are so many among the elite preparing for an imminent “apocalypse” when tens of millions of other Americans are anticipating a new era of peace and prosperity?  Are they smarter than most of the rest of us, or are they simply being paranoid?

Without a doubt, something is going on among the elite.  Earlier today, WND published an article that discussed the fact that wealthy people “are quietly moving away from major cities” all over the globe because of concerns about security… Continue reading »

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Nov 29

H/t reader squodgy:

“Must keep in mind at all times.”

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Nov 28

The Hyperinflationary Endgame: Venezuela Currency Crashes 15% In One Day:

Just last week we were amazed to report that the Venezuela currency, the Bolivar, had crashed below 2,000 for the first time ever, losing 50% of its value in just two months as the Venezuela hyperinflation had entered its terminal phase.

As of this morning, the DolarToday.com website, maintained by a person the WSJ dubbed “Public Enemy No. 1 of Venezuela’s revolutionary government, Gustavo Díaz, a Home Depot Inc. employee in central Alabama” reports that having crossed the psychological 2,000 level just one week ago, the Bolivar has just plunged to a new all time low of 3,480.22 on the black market, dropping by 15% from its latest print of 2,972 reported on Friday of last week, and has lost 60% in its value just in the past month.

So for anyone still curious what hyperinflation in real time looks like, here is the visual answer.

venz-bolivar

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Nov 28

Former CEO Of UBS And Credit Suisse: “Central Banks Are Past The Point Of No Return, It Will All End In A Crash”:

Remember when bashing central banks and predicting financial collapse as a result of monetary manipulation and intervention was considered “fake news” within the “serious” financial community, disseminated by fringe blogs?

Good times.

In an interview with Swiss Sonntags Blick titled appropriately enough “A Recession Is Sometimes Necessary“, the former CEO of UBS and Credit Suisse, Oswald Grübel, lashed out by criticizing the growing strength of central banks and their ‘supremacy over the markets and other banks’. The former chief executive officer claimed that the use of negative interest rates and huge positive balance sheets represent ‘weapons of mass destruction’. He calls for an end to the use of negative interest rates.  Continue reading »

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Nov 27

H/t reader squodgy:

“Worldwide shipping is in dire straits.

We have seen the BDI (the index of future shipping capacity bookings) trundling along at the lowest level for over three years now.

Both Hanjin (http://www.marinelink.com/news/bankruptcy-hanjin-files414930)

and Nautilus (http://www.marinelink.com/news/bankruptcy-container371718)

have filed for bankruptcy as global trade grinds to a halt.

A.P. Moller, the biggest Container Ship Company in the world with all those blue MAERSK LINE ships we see everywhere, have been investing in 18000TEU giant ships of late.

One would really think they more than anyone would see the slump coming.
But quite obviously they are lacking in responsible management. But no.

http://www.4-traders.com/AP-MOELLER-MAERSK-A-S-1412885/news/AP-Moeller-Maersk-A-S-Maersk-Issues-Profit-Warning-on-Weaker-Shipping-Market-21252169/

So it shouldn’t come as a shock to read this….

http://wolfstreet.com/2016/11/24/shipbuilding-in-japan-korea-china-collapses-in-death-spiral-of-orders/”


Shipbuilding in Japan, Korea, China Collapses in Death Spiral of Orders:

“Worse than the one following the Global Financial Crisis.”

New orders received by Chinese shipyards – now infamous for undercutting competitors and sinking into bankruptcy – have plunged 58.5% so far this year through October, compared to last year, according to shipping industry data provider BIMCO, cited by the Nikkei. At South Korean shipyards, which include the three largest in the world, orders have plunged 84.2%; at Japanese shipyards, 90%.

They all focused on large dry-bulk vessels, tankers, and containerships. But this year, orders for tankers globally plunged 80% and for container ships 84%. Continue reading »

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Nov 27

Top 4 Things To Do Prior To The Dollar Collapsing

H/t reader squodgy:

“Here’s another way to prioritise…..

I keep telling the kids….but at their age they’re exposed to hell at the bankster’s will.”

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Nov 24

H/t reader squodgy:

“National & personal unpayable debt mountain, record real unemployment, inflation, perpetual war against an abstract enemy, existing elite promoted civil unrest and a worldwide slump.

These ingredients are already real, but obviously not quite enough for the elite.

So, a totally unnecessary rate hike will, because ordinary Joe has already used what savings he has just to stay afloat, push him over the edge and probably create the smoke screen for the inevitable collapse.

If that happens, (and common sense & reasonable dot joining, point that way)
they will win. So maybe a bit of forward thinking is needed, especially if we can’t do anything about it.

Here is one man’s projection of how it will go down.”

Related info:

If You Want To Survive The Coming Greatest Financial Collapse In World History: Bosnia War Survivor: ‘One year in Hell …’ – ’35 Excuses That Will Doom The Non-Prepper’


What Life Will Be Like After an Economic Collapse:

If you have been waiting for a public announcement or news headline to let you know that an economic collapse has begun, you are in for the surprise of your life. If history in other countries and in Detroit, Michigan is any indication, there won’t be an announcement. An economic collapse tends to sneak up on a city, region, or country gradually over time. In some cases, the arrival of an economic collapse is so gradual that most people living in it aren’t even aware of it at first.

Things just get gradually worse, often so gradually that people and families adjust as best they can until one day they actually realize that it’s not just their home or their neighborhood that has been hit so hard financially, it’s everyone. By that time, it’s often too late to take preventative action. Continue reading »

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