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Media Blackout on Dire Global Debt

– Greg Mannarino By Greg Hunter On September 12, 2018 In Market Analysis 70 Comments By Greg Hunter’s USAWatchdog.com Trader/analyst Gregory Mannarino says the public is not getting the truth about the dire debt and currency problems in the global financial system. Mannarino explains, “People here in our country are not being allowed to see what is going on outside of the United States. The mainstream media (MSM) outlets are doing everything they possibly can to keep people misinformed and uninformed. This is what is happening right now. On a global scale, the world is overdosing on debt. I cannot stress that enough. So, what we are witnessing here in regard to the emerging markets is a currency meltdown. . . . World central banks […]

It’ll blow up and we’ll live happily ever after

I have an interesting pair of publications to share with you today. First I will do a bit of scene setting. Austrian school economists describe our current situation as a bubble economy; inflated far beyond healthy. It is a death-spiral bubble that requires continual influx of paper money and constant expansion of the bubble to keep it from a dramatic, destructive deflation. The constant overinflation has us stretched to the breaking point. More significantly, the stretching continues unabated.  The report from Of Two Minds .com by Charles Hugh Smith excerpted below shows the ugliness. There is no amount of lipstick that will make this pig look good. I show you just a bit of his article. Click on the headline […]

over the Bretton Woods hill

In 1944, immediately following World War II, the winning rulers met in New Hampshire to hand the world’s economy to the Feral Reserve… a cabal of international banksters who took control of the USofA dollar in 1913. On its surface, the Bretton Woods agreement seemed innocuous enough. USofA had just proven itself to be the world’s military, manufacturing and creative powerhouse. The dollar bearing its name was convertible into gold or silver on demand. Using US dollars instead of heavy metals was quite convenient. Patiently waiting 27 years for anyone paying attention to nod off, they left the gold/silver convertibility intact while they quietly ramped up the printing presses bit by bit to print more dollars than they had metal […]

losing the economic war

The bellicose USofA rulers, both of the deep state and the shallow one have the military juggernaut mauling hundreds of cities, towns and countrysides around the globe while posturing and threatening Russia, China, Iran and others with applied military power. That the bigger players may have plans other than losing militarily seems to be absent from Pentagon planning. The usual suspects have also embarked on economic assaults against China, Russia and others. Here, too, the victims are anything but helpless. The US Dollar Ponzi scheme is not exactly the rock from which intelligent people launch economic war on the rest of the world. When nobody else will prop the US up, the Feral Reserve has to print money to buy […]

when the hot air stops blowing

The Crash of 2008 escaped most people’s notice. The banksters spent the previous decade living large on unsound investments, primarily mortgages to people who could not afford the payments. The Ponzi Scheme unraveled and the whole economy staggered over the edge of the cliff. What should have been worse than the Crash of ’29 that brought to the world “The Great Depression” took an unprecedented turn at this point. A huge wind of hot air blew up out of the abyss to hold the economy up. The central banks began printing money and passing it out in gross quantities to themselves and close friends. That has not improved the economic fundamentals and, in fact, has insured that the eventual fall […]

the not unemployed

The government and central bankster statisticians are blowing smoke … again … as usual. No news here. That doesn’t stop the government and central banksters from using their phony numbers to deceive, rape, pillage and plunder the middle class. In their made-up world the unemployed are divided into two groups. Group X are those recently fired, laid off or who quit their jobs. They make up one out of five of the actual out-of-work. The majority of the unemployed, Group W, have been unable to regain employed status for over three months. The good news for Group W is that they are no longer unemployed. 🙂 Yay for them! 🙂 Of course the bad news is they have no gainful […]

statism laid bare

The Foundation For Economic Education (FEE) introduced me to Herbert Spencer’s work this morning with their post 12 Brilliant Quotes by Herbert Spencer on the Fallacies of Statism I give you four of them below. Click the link above to see the rest of their article. “Did the State fulfill efficiently its unquestionable duties, there would be some excuse for this eagerness to assign it further duties. Were there no complaints of its faulty administration of justice… of its playing the tyrant where it should have been the protector… had we, in short, proved its efficiency as judge and defender… there would be some encouragement to hope for other benefits at its hands.” “Or if… the State had proved […]

global debt, an out-of-this-world view

This is an excellent article that explains a lot and conjectures in an unusual way … that cannot be discounted out of hand. Global Debt is Now an Insane $164 Trillion, but Who Exactly Do We Owe? Isaac Davis, Waking Times If you’ve ever wondered why the world seems hopelessly fraught with endless conflict, ruled corrupt states, and bent on developing a never-ending supply of advanced weaponry, you’d need to understand the nature of our debt based economy. The IMF has just reported that total global debt is now at a staggering $164 trillion, which amounts to 225% of total global GDP. Every person on this planet could turn over everything they produce for the next two plus years and […]