Jul 01

europe-the-final-countdown


Europe’s Controlled Demolition (Tha Automatic Earth, June 30, 2015):

I have plenty to say on the topic of this essay. But the most important thing I think is that I know the EU is blowing up itself by trying to exert far too much influence on the very member nations that made its existence possible. Brussels is a blind city. To see it blowing itself to smithereens makes me very happy.

The flipside is that it will take a lot of pain, and probably even the very wars the EU was originally founded to prevent, to figuratively burn it to the ground. But that, if you’ll allow me, is for another day: Continue reading »

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Jul 01

BRICS-2

China ratifies the creation of BRICS bank (RT, July 1, 2015):

The Chinese Parliament has ratified the creation of the BRICS Development Bank. The New Development Bank was conceived as an alternative to Western financial institutions such as the World Bank.

The new bank will provide money for infrastructure and development projects in BRICS countries, that is Brazil, Russia, India, China and South Africa. Each nation will have an equal say in the bank’s management, regardless of GDP size.

Each BRICS member is expected to contribute an equal share in establishing a startup capital of $50 billion, with a goal of reaching $100 billion in capitalization. The BRICS bank will be headquartered in Shanghai, with India presiding as president during the first year, and Russia serving as the chairman of the representatives. Continue reading »

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Jul 01

All of this is NOT just caused by greed, ignorance and stupidity.

This has all been planned by …

Rothschild

The History of the House of Rothschild

And the Obama, Merkel, Cameron and Hollande kangaroos are just doing what they are told to do by TPTB.



19.06.2015

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Jun 30

Argentina Plans Asset Seizure Of Falkland Oil Companies (OilPrice, June 29, 2015):

Is it just election fever, or is Argentina serious about reclaiming the Falklands Islands?

Presidential elections loom in the country in October, so perhaps it’s not surprising that a Lilian Herraez, a federal judge in Tierra del Fuego, Argentina’s southernmost region, ordered the seizure of $156 million in property and bank holdings of oil drilling companies, including Noble Energy of the United States.

The government in Buenos Aires said on June 27 that the other targets of asset seizures were Edison International of Italy and three British-based companies, Falkland Oil and Gas Ltd., Premier Oil Plc and Rockhopper Exploration Plc. Continue reading »

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Jun 30

coca-cola-pepsi

Russia to ban Coca-Cola and Pepsi (Pravda, June 26, 2015):

Russian State Duma deputies offer to ban Coca-Cola and Pepsi import to Russia in addition to the food embargo.

Igor Zotov claims that the beverage producers fund main political forces of the US. Continue reading »

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Jun 30

Blythe-Masters-Jamie-Dimon

JPMorgan Just Cornered The Commodity Derivative Market, And This Time There Is Proof (ZeroHedge, June 29, 2015):

For years there had been speculation, rumor and hearsay that JPM had cornered the US commodities market. Now, finally, we have documented proof.

 

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Jun 30

20150629_china_1

–  Strap In! China Is Crashing Again (ZeroHedge, June 29, 2015):

In the last 2 days, PBOC has thrown everything at the ponzi-fest they call a rational market. An RRR cut, a Benchmark rate cut, a rev repo rate cut, a CNY50 Bn rev repo injection, a stamp duty cut, IPO halts (cut supply), and last but not least permission to speculate with a reassurance that shares on a solid foundation. The outcome of all this policy-panic – CHINEXT (China’s Nasdaq) is down another 6% today (down 25% in 3 days) and aside from CSI-300 futures, all other major Chinese indices are in free-fall. Add to that the fact that industrial metals are collapsing with steel rebar limit down and it appears Central Bank Omnipotence is under threat.

china-crash

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Jun 30

France-Time-Bomb

French Economy In “Dire Straits”, “Worse Than Anyone Can Imagine”, Leaked NSA Cable Reveals (ZeroHedge, June 29, 2015):

Earlier today Wikileaks released a new batch of NSA intercepts among which one in particular stands out: an intercepted communication which reveals that then French Finance Minister Pierre Moscovici believes the French economic situation was far worse, as of mid-2012, than perceived.

Specifically, Moscovici who served as French finance minister until 2014 and then became European commissioner for Economic and Financial Affairs, Taxation and Customs, used some very colorful language, i.e., the French economic situation was “worse than anyone [could] imagine and drastic measures [would] have to be taken in the next two years”.  Continue reading »

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Jun 30

revolving-door


 

“Retired” Dallas Fed Chief Joins Barclays As “Senior Advisor” (ZeroHedge, June 29, 2015):

Spin revolving door, spin.

Recently “retired” Dallas Fed chief Richard Fisher — who really, really believed that talk of falling oil prices negatively affecting the Texas economy amounted to “bull droppings” until a JP Morgan analyst reminded him that the “only thing dropping in the Texas economy [was] jobs” — is following proudly in the footsteps of Ben Bernanke, Jeremy Stein, and Janet Yellen (if you count unofficial, off-the-record ‘consultations’) by becoming the latest Fed policymaker to ink a lucrative deal ‘advising’ the private sector.

As WSJ reports, Fisher will become a “senior advisor” to Barclays starting on July 1: Continue reading »

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Jun 30

ChinaLogalGovernmentSupply

This Insane Debt Chart Explains Why Chinese QE Is Inevitable (ZeroHedge, June 29, 2015):

Last week we took an in-depth look at how China’s bewildering hodge-podge of hastily construed easing measures can’t seem to get out of their own way. Perhaps the most poignant example of this is how the country’s massive local government debt swap effort — which, as a reminder, aims to restructure a provincial government debt load that amounts to 35% of GDP — is effectively making it more difficult for the PBoC to keep a lid on rates, even as the central bank has embarked on a series of policy rate cuts, with the latest effort coming over the weekend. Here’s how we described the situation last week: Continue reading »

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Jun 29

America-Blue-Screen

Has America reached a ‘blue screen of death’ moment? A hard reboot now seems inevitable… (Natural News, June 27, 2015):

In just the last week alone, America’s politicians forfeited the nation’s economic future by secretly passing fast track trade authority, California lawmakers accepted bribes from Big Pharma to legalize mass medical genocide against blacks by passing the mandatory vaccination law SB 277, online retailers banned the Confederate flag while promoting Nazi symbolism, howling leftist maniacs began vandalizing historical monuments in cities like Austin Texas, the U.S. Supreme Court declared that words have no meaning in law, and Apple yanked historical Civil War games from its app store because those games showed “Confederate imagery.”

As the United States of America remains inundated with Fukushima radiation and chemtrail geoengineering experiments, it has now surpassed $18 trillion in national debt. Nearly 50 million Americans are on government food stamps, and political correctness is now so insanely absurd that the University of California has ordered its professors to avoid using “offensive” phrases like “land of opportunity.”

These are all signs that America has entered the blue screen of death phase of civilization — that “memory dump” moment when everything stops working and the computer tries to figure out what happened before suddenly rebooting to BIOS and trying to reload the operating system. Continue reading »

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Jun 29

H/t reader squodgy:

“The BANKSTERS’ BANKSTERS admit they’ve *uc#ed up” and used all their ammunition to cover up decades of incompetence and this next crash will be a Tsunami.”


bis-bank-for-international-settlements-basel-switzerland
Just another Rothschild controlled ‘bee-hive’.

Central Bank of Central Banks Says “The World is Unable to Fight Next Global Crash” (SHFTplan, June 29, 2015):

According to the Bank of International Settlements (BIS), the shadowy “central bank of central banks,” the world as it stands is incapable of combating another global financial crash – a crash that there is every reason to think is coming.

That’s because the economy remains in the hands of the Federal Reserve and other central banks. The financial wizards in THIS VIDEO went so far to say that “we are all slaves to the central banks.” It wasn’t exactly hyperbole. Continue reading »

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Jun 29


May 19, 2015

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Jun 29

H/t reader squodgy:

“This one has been quietly bubbling in the background since we were told a year ago that world demand was falling off a cliff……now the results are coming in……

This could trigger the US collapse in sync with Greece triggering other EU defaults and the euro collapse.

Can only be good news seeing as the alternative is financial oppression and austerity to support the banksters. Hey…a return to the Wild West!”


market-detonation

The Market Detonation You’re Ignoring: “The Chinese Market Is In An All-On Crash” (SHFTplan, June 27, 2015):

With the eyes of the world on Greece and a possible collapse of the of the Eurozone as a likely end result, many are ignoring a potentially much more massive elephant in the room. It’s been the hottest market in the world, so flush with cash that they have actually built entire ghost-cities lacking populations and mega shopping centers without tenants – a clear sign of bubble waiting to be pricked. But the inevitable seems to now be taking hold as once unstoppable Chinese stock markets are now reversing the unprecedented gains seen over the last several years.

Forget Greece. We’ve seen that story before. This could be the first domino:

The Chinese market is in an all-on crash. Continue reading »

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Jun 29

European banks are suffering the exact ‘contagion’ that we were told numerous times would be contained ... led by limit down moves in Italy.


“Uncontained” – Greek Stocks Crash 17% As European Banks Plunge Most In 3 Years (ZeroHedge, June 29, 2015):

Despite the Greek stock market being closed there is an option for hedging the exposure that all the smart money has been building to Greece in the past few days – GREK – the US-trade Greek ETF. In the pre-open, GREK is trading down 17% but the problems lie ahead as more and more realize how illiquid it is and redemptions are forced to be made from ‘cash’ – since there is no way to offload the underlying Greek stocks, unless OTC trades can be arranged with other entities – which could thus expose the entire false-liquidity-facade of the ETF industry. Continue reading »

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Jun 29

Greek Contagion Spreads As Several Italian Bank Stocks Failed To Open (ZeroHedge, June 29, 2015):

While things have normalized since the open thanks entirely to the SNB’s aggressive EUR-buying, CHF-selling intervention (good to see that central banks have read the BIS’ report and have learned from their prior intervention mistakes), earlier this morning we got a snapshot of what happens if and when the SNB, and then the ECB itself, finally lose control when as a result of the Greek crisis the contagion promptly spread a few hundred kilometers west to Italy where as the WSJ reported, “several Italian banks failed to start trading on Monday as fears over a Greek debt default induced many investors to shed peripheral stocks, including Italian, with banks suffering the most.

As the paper reported sales orders on Italian stocks, in particular financial stocks, piled up before the market opening. At the start, the sales orders were so numerous that the system couldn’t manage to process them, something that often happens when specific news causes a sell-off on a stock. Continue reading »

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Jun 29

Carnage Continues: EU Equity Futures Crash 7%, Bund Yields Plunge 20bps, Italy/Spain Bonds Dumped (ZeroHedge, June 29, 2015):

It appears Greece matters after all – US futures are tumbling, Japanese stocks are tanking (as JPY is bid on mass carry unwinds), Chinese stocks are limit down and collapsing.. and now European equity futures are open and in free-fall. Bunds are well bid, down 20bps to 72bps.

  • *EURO STOXX 50 FUTURES FALL 7% AT MARKET OPEN

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Jun 29

Chinese Stocks Crash Most In 19 Years, Re-Open Limit Down (Despite PBOC Hail Mary) (ZeroHedge, June 28, 2015):

Carnage…

  • *CHINA STOCK PANIC SELLING TO CONTINUE, CENTRAL CHINA ZHANG SAYS

This leave China’s CSI-300 broad stock index futures up just 7% year-to-date…

  • *CHINA CSI 500 STOCK-INDEX FUTURES FALL BY MAXIMUM 10% LIMIT
  • *CHINA CSI 500 STOCK-INDEX FUTURES FALL BY LIMIT FOR 2ND DAY

20150628_china7

  • *HKEX DROPS AS MUCH AS 7.3%, MOST SINCE SEPT. 2011
  • *SHANGHAI COMPOSITE INDEX EXTENDS DROP TO 7.5%
  • *SHANGHAI COMPOSITE HEADS FOR BIGGEST 3-DAY DROP SINCE 1996 Continue reading »

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Jun 29

FYI.


Prora_Solitaire

Controversial former Nazi mega-resort turned into luxury apartment complex (PHOTOS) (RT, June 27/29, 2015):

The Nazis’ favorite seaside resort is being opened up to visitors and even prospective real estate buyers. Finished in 1939, Prora, on the German island of Rugen, never received a single visitor.

Once planned as the biggest holiday camp in the world, the island (three miles wide) is Germany’s largest. The resort itself has over 10,000 rooms and was originally intended as a government-sponsored, family-type vacation destination for those on a budget. But Adolf Hitler’s focus on financing his WWII campaign saw the funds being diverted. Continue reading »

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Jun 28

Ignoring Tsipras Plea For Calm, Greeks Storm ATMs, Stores, Gas Stations (ZeroHedge, June 28, 2015): 

Just a few hours ago Greek PM Tsipras addressed his nation imploring then to “remain calm” and reassuring them that their “deposits were safe.” It appears the Greeks did not believe him. Many were wondering where the Greek bank lines were for the past several months. Turns out the local depositors were merely waiting until just after the last minute to withdraw their funds… horde gas… and stack food. Greece, it appears is Venezuela – the new socialist paradise.

Tsipras implored: “Keep Calm….”

They did not listen… Continue reading »

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