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    bobhardee

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    Re: Economic News

    Post  bobhardee on Sun Jun 14, 2015 8:11 am

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    Eartheart

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    6 Mill 4 everyone

    Post  Eartheart on Sun Jun 14, 2015 3:21 pm


    The Jesus Crisis is one in the headspace, then check the human effort:

    First-hand witness Dan Lutz explains the human obligation requirement of how M-1 — (the guy who calls himself the ‘I AM’ and ‘King of Kings’) — has offered a world debt payment in eleven steps for U.S. acceptance
    by August 17, 2015... (which is my birthdayparty)



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    Jenetta

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    Re: Economic News

    Post  Jenetta on Sun Jun 14, 2015 10:39 pm

    Eartheart wrote:
    The Jesus Crisis is one in the headspace, then check the human effort:

    First-hand witness Dan Lutz explains the human obligation requirement of how  M-1 — (the guy who calls himself the ‘I AM’ and ‘King of Kings’) — has offered a world debt payment in eleven steps for U.S. acceptance
    by August 17, 2015... (which is my birthdayparty)



    ___________________________________________

    (Jenetta)Why does this "smell" up my nostrils?  For one thing why would you want to take anything from this supposed "I AM" & "King Of Kings" especially if he/she is the blended product of seven generations issue of the royal elites 128 families per se...give me a break...would I want anything from Lizzie Queen of England?  What Dan Lutz forgets to conveniently mention in this asset based game as opposed to the debt based game is that the assets gold, metals, etc remain in the hands of the elite. It looks like Dan Lutz has gout in his nose.
    _______________________________________
    As it is below; so it is above

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    Jenetta

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    Re: Economic News

    Post  Jenetta on Mon Jun 15, 2015 12:35 am

    Deutsche Bank CEOs “Shown Door” – World’s Largest Holder of Derivatives In Trouble?

    by Mark O'Byrne June 8/2015

    - Deutsche co-CEOs announce “resignation” nine months before their contracts expire
    - Only two weeks ago, CEO Anshu Jain was given more power to reorganise the bank
    - Deutsche have been engaged in money laundering, tax evasion, derivative and manipulation scandals
    - Deutsche is world’s largest holder of financial weapons of mass destruction (FWMD)
    - Deutsche Bank’s derivatives position almost 15 times as large as Germany’s GDP
    - Announcement follows Greek failure to pay IMF on Friday and growing financial risk.

    The joint CEO’s of Germany’s largest bank, Deutsche Bank, the twelfth largest bank globally in terms of assets, unexpectedly announced their resignation over the weekend. Anshu Jain will resign at the end of this month, almost two years ahead of schedule while Juergan Fitschen will stay on until May of next year.

    It is believed they resigned but some media reported that the CEOs heads had “rolled”, they were “shown the door” and Reuters reporting that Deutsche had “purged its leadership.”

    The announcement followed what Deutsche Bank described as “an extraordinary meeting” over the weekend. It is particularly surprising given that Jain had been granted extra powers at the bank only two weeks ago to reorganise the scandal plagued lender.

    In the past year Deutsche, like many international banks, have been found to have been engaged in a slew of corrupt practices from manipulation of interest rates, for which the firm was fined $2.5 billion in April, to tax evasion and money laundering to “mis-selling” of derivatives.

    Deutsche Bank’s derivatives position is truly enormous. It was recently estimated to be around $54 trillion.(Note: actually $75 trillion). Germany’s GDP, the fourth largest in the world, was a mere $3.64 trillion in 2015. Were Deutsche Bank caught off-side in its derivatives positions there is not a government or institution on earth that could bail it out and it could lead to contagion in the German financial system and indeed in the global financial system.

    The contagion from such an event would be devastating. It is for this reason that Warren Buffet described derivatives as WMD or “financial weapons of mass destruction.”

    It is unnerving that the shock resignation should follow an “extraordinary meeting” over the weekend following the failure of Greece to meet its scheduled payment to the IMF on Friday.

    This does not count as a Greek default but it increases the risk of a default on the amalgamated 1.5 billion euros that now must be paid by the end of June. A default and the triggering of credit default losses would cause massive volatility in financial markets and potentially destabilise an already shaky global bond market and global financial system.

    There have been a number of shocks to the market this year which would have been expected to have led to sharp losses in the derivatives market but slipped quietly by.

    The debris caused by the massive volatility in the Swiss Franc following its being unpegged from the Euro – where it spiked 30% in minutes in January – seems to have been swept under the carpet. Austria’s bad bank Heta failed in late February with apparently no casualties.

    We do not know what provoked the dramatic reversal in attitude to Anshu Jain at Deutsche Bank but it looks very much like the bank may be getting its house in order in anticipation of another major scandal or crisis. When said crisis breaks the responsibility can be dumped on the previous leadership.

    Since Warren Buffett’s initial warning in 2002 , 13 years ago, he has been remarkably quiet on the real and growing threat to global markets and the global financial system. Despite the fact that the scale of the risk today is of an order of magnitude greater now than it was then.

    This is unfortunate given the global financial system itself is far more volatile and casino like today than it was in 2002.
    Sucking on the teat of Wall Street can lead to self induced omerta.

    The global derivatives market is highly complex, totally unregulated and frighteningly large. One of the world’s leading derivatives experts, Paul Wilmott, who holds a doctorate in applied mathematics from Oxford University, has warned that the so-called notional value of the worldwide derivatives market is over $1.4 quadrillion.

    A quadrillion is an incomprehensibly massive figure: it is 1,000 times a trillion or 1 with 12 zeros. A trillion is 1,000,000,000,000 and a quadrillion has 15 zeros – 1,000,000,000,000,000. The annual gross domestic product of the entire planet is between $50 trillion and $60 trillion. Thus, the derivatives markets notional value is more than 23 times the size of the value of all of the goods and services traded in global economy in one full year.

    The crisis in Greece, the rumblings in the global bond market and indeed in Europe’s fourth largest bank and the threat posed by financial weapons of mass destruction should give cause for concern. It is another reason to reduce allocations to stock and bond markets and increase allocations to gold.

    The real systemic risk of today is another reason to ensure owning allocated and segregated gold in the safest vaults in the safest jurisdictions in the world.

    http://www.goldcore.com/us/gold-blog/deutsche-bank-ceos-shown-door-worlds-largest-holder-of-derivatives-in-trouble/
    ______________________________________
    Jenneta
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    bobhardee

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    Re: Economic News

    Post  bobhardee on Sun Oct 04, 2015 10:40 am

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    B.B.Baghor

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    Re: Economic News

    Post  B.B.Baghor on Sun Oct 04, 2015 3:47 pm

    Thank you for that post, bobhardee. It seems several pots on the stove are reaching boiling point at the same time.
    https://www.youtube.com/watch?t=85&v=1lTLMOgDAGc


    Here's where I found this presentation in the Erasmus University of Rotterdam, part of reinvent.money September 26th:
    http://www.silverdoctors.com/the-great-monetary-reset-is-being-designed-planned-right-now-willem-middelkoop/

    https://www.youtube.com/watch?v=O4doetSCLqY


    First time I've heard of the origin and motive for the creation of the Euro currency. If it's true I'm not sure.
    Hmmm
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    bobhardee

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    Re: Economic News

    Post  bobhardee on Mon Oct 19, 2015 7:32 am

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    bobhardee

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    Re: Economic News

    Post  bobhardee on Tue Nov 03, 2015 8:39 pm

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    bobhardee

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    Re: Economic News

    Post  bobhardee on Thu Nov 26, 2015 3:05 pm

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    bobhardee

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    Re: Economic News

    Post  bobhardee on Sun Dec 20, 2015 9:44 am

    12/20/2015
    I do not agree with everything said here but it is interesting.


    https://www.youtube.com/watch?v=LHNCQLgLv04
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    bobhardee

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    Re: Economic News

    Post  bobhardee on Wed Dec 30, 2015 8:54 pm

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    bobhardee

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    Re: Economic News

    Post  bobhardee on Sat Jan 23, 2016 8:45 pm

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    bobhardee

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    Re: Economic News

    Post  bobhardee on Tue Jan 26, 2016 7:01 am

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    bobhardee

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    Re: Economic News

    Post  bobhardee on Sat Jan 30, 2016 9:03 pm

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    enemyofNWO

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    The future of farming will see robots replacing field workers … New robot-run farm factory produces 30,000 heads of lettuce a day

    Post  enemyofNWO on Tue Feb 02, 2016 8:56 am



    http://investmentwatchblog.com/the-future-of-farming-will-see-robots-replacing-field-workers-new-robot-run-farm-factory-produces-30000-heads-of-lettuce-a-day/


    This news is revolutionary . Society will have to take notice of this . Another nail in the coffin of the full employment myth !

    SNIP " It seems the world’s first robot farm is about to launch, and initially its non-human workforce will be capable of picking 30,000 heads of lettuce per day.

    As reported by Tech Insider, chief executives of a lettuce production company in Japan called Spread, believe that future farmers will be robots. In fact, they are so adamant about it at Spread, that the firm is creating the world’s first farm that is going to be managed entirely by robots. Rather than relying on human workers, an indoor vegetable factory will employ robots instead, and they will be very productive.

    Reports Tech Insider further:

    Don’t expect a bunch of humanoid robots to roam the halls, however; the robots look more like conveyor belts with arms. They’ll plant seeds, water plants, and trim lettuce heads after harvest in the Kyoto, Japan farm. "

    Continues at the link above
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    bobhardee

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    Re: Economic News

    Post  bobhardee on Tue Feb 02, 2016 5:40 pm

    Hey its all about hydroponics....
    When the world wakes to realize that you can grow more for less, with higher yield, and greater resistance to disease, growing without soil in mineral water is totally the way to go. I am building a small system myself. It will be interesting to see how productive it will be

    Now if I could only set up so that robots plant, water, and pick the plants, then I would be to the level the Japaneses company has taken it.

    Tons of You tubes on hydroponics.
    Enjoy.
    Bob H
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    bobhardee

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    Re: Economic News

    Post  bobhardee on Sun Feb 07, 2016 10:09 am

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    bobhardee

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    Re: Economic News

    Post  bobhardee on Sun Feb 14, 2016 4:17 pm

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    bobhardee

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    Re: Economic News

    Post  bobhardee on Mon Feb 22, 2016 5:32 pm

    2/21/2016 This was made on the 19th.

    https://www.youtube.com/watch?v=frZprY6dE2E
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    bobhardee

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    Re: Economic News

    Post  bobhardee on Sun Feb 28, 2016 10:14 am

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    bobhardee

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    Re: Economic News

    Post  bobhardee on Mon Mar 07, 2016 7:49 am

    3/7/2016 I know that some people don't like Greg Hunter. The fact of the matter is that we have inflation happening in South America, instability in China, and who knows what is happening with the Euro. So let's see what Mr. Hunter has to say about all of that.

    https://www.youtube.com/watch?v=R2x31VSKRlU
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    bobhardee

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    Re: Economic News

    Post  bobhardee on Wed Mar 09, 2016 8:42 am

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    Re: Economic News

    Post  bobhardee on Sun Mar 13, 2016 10:36 am

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    Carol
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    Re: Economic News

    Post  Carol on Sun Mar 13, 2016 7:51 pm

    Jim Willie Issues Weekend Alert: “Systemic Lehman Event Is In Progress”

    · A systemic Lehman event is in progress, as the global financial structure is collapsing.
    · The only remedy is the Gold Standard installation…
    · The Gold price will find its true value and price over $10,000 per ounce.


    The current monetary policy is stuck in place. It is highly destructive to banking systems, working capital, and financial markets. Yet it continues ad infinitum, actually until the great collapse. A systemic Lehman event is in progress, as the global financial structure is collapsing. The only remedy is the Gold Standard installation, which is happening, but its architects are from the East. They are labeled as enemies, when the root problem is in the Western banking hive.

    The quickening has begun in earnest. The end game began in November with events picking up speed, remedy engaged in progressive steps, and geopolitical balance of power shifting in serious manner. The origin of the systemic failure can be found rather easily. Refer to just the last several years. Of course the seminal point was the creation of the Federal Reserve in 1913.

    Of course another critical event was the murder of President Kennedy, a champion of sound money. He joined Garfield and McKinley in that respect, as assassinated US Presidents, the common link being their favor of the Gold Standard or sound money.

    Of course another key point was the abrogation of the Bretton Woods Accord in regards to the Gold Standard Agreement. Following the Tequila Crisis in Mexico in 1994, the expansion of margin credit and debt was insane. The climax in recognition was Greenspan’s famous admission of Irrational Exuberance, which bears his blame. Following the tech-telecom bust in 2000, the expansion of every conceivable type of credit and debt was insane. A natural recession was actively avoided, assuring a doubled effect several years later.
    Following the Lehman failure, every possible wrong decision was made, in vigorous pursuit of continued fraudulent money and sustained criminal banking enterprise. To be sure, no solution or remedy or reform has been sought. What comes is a new systemic Lehman event, in a crash of the global bond, banking, and currency systems together.

    The systemic failure was guaranteed in my mind, when the big banks were given license to continue operations even while both insolvent and guilty of multi-$billion fraud. Such is the essence of the Fascist Business Model, a term most mainline economists and financial analysts rigorously avoid. No big US or London bank has been convicted of a felony, nor any executive from their bank firms gone to prison.

    This license was joined with the extraordinary corruption of money in the last gasp of monetary excess. The result was a required liberalization of monetary policy, which put the systemic failure on a guaranteed time line. The Quantitative Easing (QE) monetary policy is highly destructive. It combines with another equally destructive measure in the Zero Interest Rate Policy (ZIRP).
    Together they are a double barreled shotgun killing the USEconomy and its financial structure. Worse, they are killing the Global Economy and its financial structure based upon the USDollar. Put aside motive or intention to scuttle the nation. Focus instead on the wreckage from official policies in place, both of which the Jackass forecasted to occur, and both of which were also forecasted to remain in place permanently by this analyst.

    It is indeed curious that almost no mainstream economists or analysts mention the permanence of the current destructive monetary policy. They might mention its permanence, but they do not attribute blame for the systemic breakdown on the monetary policy, which is highly destructive. They might mention distortions or some accurate observation of aberration, but they do not indict the monetary policy itself as the root problem in the unstoppable decline. The recognized brain trust surely do not recommend a return to the Gold Standard as a viable honorable effective remedy. They do not ever mention license for criminality in the banking centers linked all too closely to the USGovt.

    MONEY VELOCITY DECLINE
    Stimulus implies greater activity, more encouraged movement. A spur in a horse’s flank or a crack of the whip will induce a sudden acceleration in the harnessed animal. That is stimulus. A burst of nitro or naphtha to a racing car engine will induce a sudden acceleration in the souped-up machine. That is stimulus. A couple of whiskey chasers at a bar can give a guy some newfound courage to approach an attractive woman for a dance or a romp. That is stimulus. To be sure, QE & ZIRP help the big bank sector with redeemed toxic bonds, with bond carry trade potential, with rising values of doomed items like junk bonds. They even help the big banks directly with stock buyouts as the USFed illicitly buys bank stocks.

    However, QE and ZIRP are not stimulus agents to the USEconomy. They are a death sentence. They are not viable support for the USD-based financial structure. They are destructive elements. The business investment, often called capital expenditures (CAPEX) has largely taken place in foreign lands. Most multi-national corporations did not expand inside the United States for a number of reasons. The US corporate tax rate is the highest in the industrial world. The US environmental regulations are the most strict in the industrial world.

    The federal regulatory oversight and interference is the most burdensome in the industrial world. So large companies have conducted expansion in the Emerging Market Nations. Where those nations grossly expanded their official debt at the sovereign level, they have been bankrupted on the currency impact. Such is not stimulus. The proof of ineffective policy is found in the fast decline in money velocity. It is defined in loose terms as the number of economic round trips for money within the economy during a given cycle. It is akin to how often your car’s oil circulates within the engine, finding the same molecules at the starting point of the pistons shafts and cylinders in a given period of time, like a month.

    If monetary policy had any shred of stimulus, the chart below would not appear as such a horrendous decline. The Jackass concludes that QE & ZIRP are the most destructive monetary policy in modern history, rendering the King Dollar not only on a reign of terror, but an instrument like a headache ball at a demolition site. The result has been capital destruction and dampened economic activity for several years. The policy guarantees systemic failure on a time line. A systemic Lehman failure event is in progress, not so much approaching, but already here, in progress.

    The systemic failure has a point of origin, the United States and the Federal Reserve. The incredible USDollar shortage from the global margin call has lifted the global reserve currency to troublesome levels, only to cause severe damage across the many nations. The Emerging Market Nations took the bait, and added to their debt, told by Western bankers of no inherent risk. Obviously no interest rate risk was at work, but plenty of currency risk in effect. The USDollar has turned toxic. This margin call pressure comes at the same time as the vast Petro-Dollar machinery is being dismantled. The entire financial structures are crumbling and falling apart, while the official monetary policy only makes the conditions worse.

    PERMANENT QE & ZIRP IN REALITY
    The QE policy is not stimulus, no way, not by any basic definition. The ZIRP policy is not stimulus, not by any sensible reasonable or logical manner. QE represents multi-$trillion slush money to aid the Wall Street criminal banking center. QE has been expanded abroad, beyond the USFed offices (see BLICS), even to involve confiscations (see Japanese pensions). The QE has been joined since December by the gigantic clandestine arm known as the Exchange Stabilization Fund, operated by the USDept Treasury. With recent additions, one can truly call the monetary policy QE to Infinity. Maybe the term QE to Infinity Squared makes sense, a take-off of their CDO Squared lunatic bond instruments. Refer to Collateralized Debt Obligations, where leverage was applied twice.

    The ZIRP enables the more efficient feedstock and lubrication for Interest Rate Swap machinery. The ZIRP enables a bond carry trade for easy Wall Street bank profits. The ZIRP actually slows the USEconomy in an utterly obvious way, with reduced income flows from pension funds, insurance treasuries, and individual retirees. The wet blanket is obvious and universal in its dampening effect. With its integral parts impossible to remove, one can truly call the monetary policy ZIRP Forever. The central bankers are truly stuck, not just in mud, but in quicksand. They are sinking, and their central bank franchise system is facing total ruin.

    Together they guarantee a systemic failure. The Zimbabwe hyper monetary inflation undermines the entire global banking system in its reserves management structure. An African style inflation to global reserves cannot continue, and has forced an alternative system to be constructed, by the East. The ultra-low interest undermines the risk reward for savings, inhibits the economic flows, and distorts asset values universally. The USFed has truly destroyed the global economy and financial structure.
    The unfolding events are toward systemic failure and forcing the installation of the Gold Standard. It is the long avoided solution.

    NEW SCHEISS DOLLAR & GOLD TRADE STANDARD
    In time, expect an eventual refusal by Eastern producing nations to accept USTreasury Bills in payment for trade. The IMF reversal decision assures this USTBill blockade in time, and might accelerate the timetable. The United States Govt cannot continue on five glaring fronts of gross negligence and major violations. These violations have prompted the BRICS & Alliance nations to hasten their development of diverse non-USD platforms toward the goal of displacing the USDollar while at the same time take steps toward the return of the Gold Standard. The violations are:

    1) to import finished goods and crude commodities, paying with IOU coupons
    2) to commit multi-$trillion bond fraud in its big banks, done without legal prosecution
    3) to do QE bond purchases in applied hyper monetary inflation, monetizing debt
    4) to rig all major financial markets in favor of the primal USDollar
    5) to engage in numerous regional wars to support the USDollar.


    The New Scheiss Dollar will arrive in order to assure continued import supply to the USEconomy. It will be given a 30% devaluation out of the gate, then many more devaluations of similar variety. The New Dollar will fail all foreign and Eastern scrutiny. The USGovt will be forced to react to USTBill rejection at the ports.

    The US must accommodate with the New Scheiss Dollar in order to assure import supply, and to alleviate the many stalemates to come. The United States finds itself on the slippery slope that leads to the Third World, a Jackass forecast that has been presented since Lehman fell (better described as killed by JPM and GSax). The only apparent alternative is for the United States Govt to lease a large amount of gold bullion (like 10,000 tons) from China in order to properly launch a gold-backed currency. Doing so would open the gates for a generation of commercial colonization, but actual progress in returning capitalism to the United States. The colonization has already begun, with secret deals galore. As Ron Paul has stated, one cannot blame capitalism for the current failure, since we have had almost none!

    The Gold price will find its true value and price over $10,000 per ounce. The Silver price will find its true value and price over $300 per ounce. In reaching these levels, the ratio will return to the 30-1 range.

    Several steps have been laid out by the Hat Trick Letter toward the return of proper price to precious metals. The major upcoming events will be exciting to watch unfold, one after the other, in an inevitable sequence away from fascism and concentrated uni-polar power, with a strong movement toward freedom and equitable systems with distributed power. The steps will each involve a quantum jump in the Gold & Silver prices.

    The process will take a few years, but might be breath-taking in speed once the process is begun.

    The steps involve:
    the critical mass of rejected USTBills in trade settlement, citing its corrupt roots and illicit monetary policy as foundation
    the return to the Gold Trade Standard and introduction of Gold Trade Notes as letters of credit, in replacement for a fair tangible payment system (no more IOU coupons)

    the recapitalization of the global banking system with Gold as primary reserve asset, so as to relieve the grotesque stagnation, insolvency, and dysfunction

    the seeking of equilibrium in Supply vs Demand in the new fair uninhibited market, with exclusive control removed from London and New York, and placed elsewhere like in Shanghai, Hong Kong, Dubai, and Singapore.
    the seeding of BRICS gold & silver backed currencies from participating nations within the Alliance (likely several with slight variation in features)

    the re-opening of the gold mine industry with some blue sky, and relief from the Evergreen element at Barrick
    the remedy toward owners of over 40,000 tons of rehypothecated and stolen gold in bullion banks across the world (primarily in Switzerland.


    _________________
    What is life?
    It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.

    With deepest respect ~ Aloha & Mahalo, Carol
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    bobhardee

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    Re: Economic News

    Post  bobhardee on Sun Mar 20, 2016 8:47 pm


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