The Neocons, Cabal Give A Little Push To Get An Event Started – Episode 1439

The Neocons, Cabal Give A Little Push To Get An Event Started

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The establishment are now trying to move into the crypto market by creating a future market for bitcoin. Venezuela will try to use cryptocurrencies to bypass the dollar, the crypto will be backed by oil. The central banks are trying to show why they are needed by using the corporate media. US factory orders slide.The everything bubble is riskier than in 2008. A new research paper shows that the FED does not need to raise interest rates. For the first time ever government passed private debt. Obamacare is a disaster, the premiums are out of hand and many cannot not afford it. Russia and Egypt will allow each other military planes use each others airspace. Houthi’s kill the puppet president and take control of the country. The cabal is using military drills to provoke NK. Sen. Graham says war will breakout in NK very soon. Putin reports that Syria has been liberated, its time to rebuild the country. Trumps travel ban has been approved by the Supreme Court.

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Current News – 12.04.2017


Economy

CBOE Bitcoin Futures Trading To Begin On Dec 10th – Not All Brokers Enthused

 
  • CBOE Global Markets said on Monday it would begin trading its bitcoin futures contracts, known as XBT futures, next Monday, and will offer free trading for the rest of the month to help draw in traders and create a market. Both the CBOE and its crosstown rival, CME

   

  

  • Group, received permission last week from the CFTC to launch bitcoin derivatives as they go head-to-head in a battle to determine which exchange will come to dominate the market for bitcoin-linked derivatives,
  • Both exchanges are hoping that rising interest in  cryptocurrency from Wall Street traders will in turn help drive demand for its new derivative products.
  • Ed Tilly, chief executive of CBOE, said there is “unprecedented” interest in bitcoin.
  • “We are committed to encouraging fairness and liquidity in the bitcoin market,” he said.

Source: zerohedge.com

Venezuela wants to launch a cryptocurrency backed by oil reserves called the ‘petro’

  • Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the “petro” backed by oil reserves
  • The petro, he said, would help Venezuela “advance in issues of monetary sovereignty, to make financial transactions and overcome the financial blockade.”

Source: businessinsider.com

If Central Banks Issue Cash, They Can Issue Cryptocurrencies

  • central bankers are taking a close interest in digital currencies. T

Source: bloomberg.com

There are 170,000 fewer retail jobs in 2017—

  •  Does Amazon create more jobs than it destroys?
  • Amazon’s employment increases won’t be enough to cover the losses in the rest of the industry. We have assumed Amazon will maintain its current year-over-year headcount growth rate and will add 146,000 employees worldwide in 2017,
  •  Amazon only represents 3% of overall US retail sales.

Source: quartz.com

US Factory Orders Slide In October

  • Overall Durable Goods orders werre also revised higher from their preliminary prints. Most notably, core capital goods orders were revised from a 0.5% MoM slump to a 0.3% gain.

Source: zerohedge.com

Bubble Watch: The Everything Bubble is Riskier and Less Liquid Than Housing

  • As we keep emphasizing, the world is in an Everything Bubble.
  • In truth, it is a bubble in sovereign bonds, created by Central Banks attempting to corner these markets via ZIRP and QE.
  •  because sovereign bonds are the bedrock for the current fiat financial system, if they go into a bubble, EVERYTHING goes into a bubble.
  • As late as 2008, more than 80% of non-financial corporate bond issuance was rated A or above, a in the past five years, the proportion has been consistently under 60%.
  • In layman’s terms, this report is telling us that even in 2008 (a period that everyone admits was a disaster in terms of debt) corporate bonds were less risky than they are today.
  • That means the average corporate bond is riskier than before. At the same time, the reforms that followed the crash of 2008 mean that banks have to hold more capital (quite rightly). But this also means they are less willing to devote capital to market-making; as a result, the bond market is less liquid than before. So investors in corporate bonds are holding a riskier, less liquid asset.

Source: zerohedge.com

“For The First Time In Modern History” US Government Debt Will Surpass Household Debt

  •   household debt, fast as it may be rising, is about to be eclipsed for the first time ever by the even faster rising federal government debt.
  •   federal government, liabilities increased almost 150% over the same period and nearly reaching household debt levels for the first time in modern history.”

Source: zerohedge.com

New research suggests the Fed has no reason to keep raising interest rates, Kocherlakota says

  • Narayana Kocherlakota, a former Fed official, said Monday the central bank has no need to raise short-term interest rates even though the unemployment rate is relatively low.
  • In a new paper published by the National Bureau of Economic Research, Kocherlakota , now an economics professor at the University of Rochester, said the Phillips curve is actually more like a cliff — it remains flat as long as the actual output of the economy is below its potential output. Once the output gap closes, inflation will spike upward, he said.
  • So the Fed is doing the “opposite” of the appropriate policy at the moment, he said.
  • Instead of gradually raising rates, the Fed should see “how low it can make the unemployment rate go,” he said. This might spark a virtuous circle getting more people involved in the labor market and spark more demand and capital investment, which in turn leads to more jobs.

Source: marketwatch.com


Political/Rights

Obamacare fallout: Virginia family of 4 outraged at $3,000-a-month health insurance bill

  • Could you afford to pay $3000 a month for health insurance? Previously, Ian Dixon had been paying $900 a month for health insurance for his family of four, but thanks to changes in the Charlottesville insurance market, a similar plan will now cost him more than $3,000 a month.

  the 38-year-old Charlottesville husband and father of a 3- and a 1-year-old went to re-enroll this month, his only choice for coverage would cost him more than $3,000 a month for his family of four, which amounted to an increase of more than 300 percent over the $900 he paid the year before. And this is for the second-cheapest option, with a deductible of $9,200.

Source: sott.net


War

Russia, Egypt: Agreement to Allow Respective Air Forces to Use Each Other’s Airspace and Bases

 

  •  Russian government had approved a draft agreement with Egypt, which would allow the two countries to use each other’s airspace and airbases. The draft deal was set out in a decree, signed by Prime Minister Dmitry Medvedev on Nov. 28, which instructed the Russian Defence Ministry to hold negotiations with Egyptian officials and to sign the document once both sides reached an agreement.
  • The access to Egyptian airports would allow Russian military aircraft to refuel on their way to Syria. The agreement concerns a supplementary logistics hub, which might help Russian aircraft act in a free manner in the Syrian theater, when needed. When in force, the deal will make training of Egyptian Air Force personnel much easier. The document does not cover airborne radar pickets and military transport planes carrying hazardous cargo. The agreement is to be valid for five years and could be extended.
  • Libya is a promising area for cooperation. Moscow has a special role to play there. Russia and Egypt can contribute jointly into bringing stability to this war-torn country. Their interests by and large coincide paving the way for coordinated policy and actions. The opposing actors in Libya ask Russia to intervene as a mediator. Libyans remember well the NATO intervention of 2011 and don’t trust the West, especially in view of its failure to achieve any positive results in Syria.

Source: strategic-culture.org

Houthi Rebels Take Over Yemen Capital After Killing Ex-President Saleh

  • After years of fighting, the capital of Yemen, Sanaa, has reportedly fallen under control of Houthi rebel fighters, according to media citing the Interior Ministry. The Iran-backed group has allegedly retaken the city after killing former President Ali Abdullah Saleh, whose death was just confirmed by a party official.
  • Al Arabiya quoted a source in Saleh’s General Peoples Congress as saying he was killed by sniper bullets. A Houthi video distributed on social media showed what appeared to be Saleh’s body, clad in grey clothes and being carried out on a red blanket.

Source: zerohedge.com

In “Largest-Ever” Military Drill, US Orders 16,000 Troops, 230 Jets To Simulate War With North Korea

  •  six U.S. Raptor stealth fighters planes arrived in South Korea on Saturday for a joint air drill named “Vigilant Ace 18” scheduled for Dec. 4 to 8. The F-22s flew into South Korea together in a show of force. The stealth fighters, however, were just a small part of the upcoming show of force:  , some 230 aircraft and up to 16,000 soldiers and airmen are taking part in the drill, which is one of the biggest ever of its kind.
  • As part of “Vigilant Ace”, US and South Korean forces will be rehearsing for a full-scale war with North Korea, with Yonhap noting that “allies plan to stage simulated attacks on mock North Korean nuclear and missile targets.”


US warplanes including fighters and bombers often blast over the Korean Peninsula

Source: zerohedge.com

“We’re Getting Close To Military Conflict”: Sen. Graham Urges Evacuation Of Americans From South Korea

  •  Senator Lindsay Graham was stoking the flame of what is looking like increasingly probable war with North Korea today, when he warned on national TV that rising tensions between the the US and Pyongyang means preparations for war need to be taken, and that dependents of U.S. military personnel in South Korea should be relocated after the latest North Korean missile test.
  •  
  • Graham then urged American dependants should no longer be sent to South Korea, and added that it’s time to start evacuating dependents out of North Korea’s southern neighbor: “South Korea should be an unaccompanied tour. It’s crazy to send spouses and children to South Korea, given the provocation of North Korea. So I want them to stop sending dependents. And I think it’s now time to start moving American dependents out of South Korea.

Source: zerohedge.com

US Intelligence Chief Promised SDF Corridor To Mediterranean Sea – Former SDF Spokesman

  •   former spokesman for the US-backed Syrian Democratic Forces (SDF) revealed during his interview with the Turkish Anadolu News Agency that a US intelligence chief promised the SDF leadership that the US support will support their plans to reach the Syrian coast if they attacks ISIS in Deir Ezzor.

Source: southfront.org

Putin says nearly all of Syria’s territory liberated from terrorists

  •  Nearly all of Syria’s territory, including areas where Christians always lived, has been liberated from terrorists, Russian President Vladimir Putin said
    Russia will help restore the shrines of Islam and Judaism that suffered damage during the struggle with terrorists in Syria, Putin also noted.“We’ll give assistance to Christians and to representatives of other faiths, including Moslems who, as all of us know perfectly well, also suffered seriously at the hands of criminals, terrolrists and radicals,” Putin said at a meeting with heads of delegations of local [national] Eastern Orthodox Churches.

Source: tass.com

Supreme Court lets Trump’s latest travel ban go into full effect

  • The U.S. Supreme Court on Monday handed a victory to President Donald Trump by allowing his latest travel ban targeting people from six Muslim-majority countries to go into full effect even as legal challenges continue in lower courts.
  • The court, with two of the nine justices dissenting, granted his administration’s request to lift two injunctions imposed by lower courts that had partially blocked the ban, which is the third version of a contentious policy that Trump first sought to implement a week after taking office in January.
  • The high court’s action means that the ban will now go fully into effect for people seeking to enter the United States from Iran, Libya, Syria, Yemen, Somalia and Chad. Lower courts had previously limited the scope of the ban to people without certain family or other connections to the United States.

Source: reuters.com

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