The FED Says Tapering Is Necessary And It’s Going To Be Painful – Episode 161

youtube_taper_painful_economic_collapse2The European and the US government officials have been using propaganda to make the people believe that the economy is getting better. But all the indicators now show that the economy in Europe and America is in a decline. The FED is moving forward to taper which will they never will do because it will put the markets in a downward spiral. Instead they will cover this up with an event, and from past history the event is war. There is new propaganda linking cyber attacks to Iran and there was another false flag where the rebels are accusing Syria for using chemical weapons again.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

Jobless rate increases in Australia

  • Official figures show that the unemployment rate in Australia climbed to about six percent last month for the first time since August 2009.
  • The Australian Bureau of Statistics said on Thursday that the jobless rate had increased to 5.8 percent in August, up from 5.7 percent in July, due to losses in full-time and part-time employment.
  • This is the first time that the sluggish Australian economy experiences such a level over the course of the global financial crisis.
  • Australia cut 10,800 jobs in August as its mining investment boom slowed down.
  • Economic analysts warned the weak jobs report was a sign of worse things to come in the labor market.
  • “Amongst many sectors we are seeing hiring restraint or shedding including in construction, retail and manufacturing and there is no signal this is improving,” said Australian Chamber of Commerce and Industry’s chief economist Greg Evans.
  • “We are concerned the mainstream economy may not be growing sufficiently to keep a lid on an unemployment rate which is trending higher.”
  • The weak jobs report sent the Australian dollar plunging from three-month highs against the US dollar.
  • The report came days after Australians voted in favor of the opposition in the country’s parliamentary elections.

War Or Not To W…, What Was The Question? – Episode 160

youtube_war_or_not_to_war_economic_collapse2Russia has handed the US their proposal for Assad to hand over his chemical weapons under international control. The President’s speech was all about war. The central bankers/US government want to get into Syria and Iran. They need to get both countries on the US dollar and take control of their natural resources. Meanwhile the stock market is at all time highs and gold is being kept down so not to make to many people aware the entire economy is collapsing.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


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Economy

Trader Joe’s Drops Health Coverage for Part-Time Employees

  • Supermarket chain Trader Joe’s will stop offering health insurance to part time employees saying that it will be more cost effective for them to acquire it through Obamacare exchanges.
  • Trader Joe’s CEO Dan Bane sent employees a memo saying the company will give those working under 30-hours-a-week a $500 check to help get them started with the new Affordable Care Act system. The Aug. 30 memo was obtained by The Huffington Post.
  • Those who work more than 30 hours a week will still be offered the company’s health insurance coverage.
  • “Depending on income you may earn outside of Trader Joe’s, we believe that with the $500 from Trader Joe’s and the tax credits available under the ACA, many of you should be able to obtain health care coverage at very little if any net cost to you,” Bane wrote.
  • Bane added that part-time status would be determined by averaging the hours employees work over the next three months.
  • Trader Joe’s would neither confirm nor deny the existence of the memo.

US Government Screw Up Or A Distraction – Episode 159

youtube_kerry_distraction_economic_collapse2Kerry over the weekend said that all Assad needs to do is hand over his chemical weapons. Russia heard the proposal and spoke with Assad and he said ok lets do it. The US government back pedaled a little and then President Obama said lets proceed. The US Government has not backed down on a strike and they want Assad to admit they he used chemical weapons. The central bankers/US government want war, need war and will not give up until they get their war. They understand that the economy is going to collapse and they cannot be blamed when it happens.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


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Economy

French housing crisis continues to plague millions of people

  • France is facing criticism to reduce homelessness as housing shortages continue to plague millions of people in the country, Press TV reports.
  • NGOs have gathered in Paris to highlight the French government’s failure to address the housing crisis, reminding lawmakers of former President Nicolas Sarkozy’s pledge to eliminate homelessness in France.
  • “Expulsions have gone up by 50 to 100 percent. This is the biggest reason today behind homelessness and has caused a very big housing crisis. All those who cannot pay their rents are thrown out. Some 30 to 40,000 households have been affected,” said Christophe Robert, the deputy direction of the Abbe Pierre foundation.
  • Over 130,000 people sleep rough in the European country, a rate that is almost 50,000 more than the figures from the early 2000.
  • NGOs also claimed that approximately nine million people live in unfit habitations across the country.
  • Meanwhile, official figures put at three million the number of people who live in extremely unhygienic conditions.

Russia To USA, ‘Check’ Your Move – Episode 158

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The anniversary of 9/11 is coming up and there are many potential false flags on the horizon. The million Muslim march, the FBI cyber threat warning, the transfer of nuclear weapons without paper work. Russia and Syria agreed on international control of the chemical weapons.  The US has not responded as of yet they are discussing their options. As we know the central bankers/US government have been planning to get into Syria and Iran for years now and at this point it doesn’t seem like they will back down on the attack of Syria. If they do, be prepared for a false flag.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


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Economy

– Monti Paschi Faces Bail-In As Capital Needs Point To Nationalization

The FDIC/Bank of England document for bail-ins was created well before the Cyprus bail-in. They said this was not a template for the world bail-in scheme. It seems that all those who said it was a template are right. The Monti Paschi bank looks like its heading down the path of a bail-in

  • Just as we warned 4 months ago, the oldest bank in the world now faces a critical need to raise EUR2.5 billion in fresh capital – more than double its original plan. “There is no chance on the planet that they can raise [this] in 12 months… they are heading towards nationalization,” exclaimed one investment banker, confirmed by another who added via Reuters, “it will be difficult to find someone to shell out all that money.” The capital raise is equivalent to the entire market cap of the bank currently and it is becoming increasingly clear that the Italian state will be forced to provide the equity. The problem (for BMPS bondholders and depositors) is that under such a scenario, as Bloomberg notes, EC State Aid rules regarding a subordinated-debt bail-in could apply. However, given the small size of sub-debt in the capital structures, it is unclear who will get the haircut including senior bondholders and depositors.

Current Economic Collapse – “News Brief” – Episode 157

youtube_newsbriefeconomic_collapse2Congress is back in session on Sept 9. The President and other government officials are campaigning to persuade the congress to vote in their favor. There are reports that congress is headed for a no vote and since they are headed to a no vote they might not vote at all to save their careers. There are numerous warnings about a potential false flag to start the war.

The economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

Greek Prime Minister Says Positive Economic Data Points to Austerity Easing

Correction I said 25,000 people they had to layoff it was 15,000

  •  Prime Minister Antonis Samaras of Greece seized on new economic data on Saturday that indicated the country was on track to economic recovery and promised relief to Greeks weary of years of punishing austerity.
  • “Greece is turning the page,” Mr. Samaras told politicians and entrepreneurs at an annual international trade fair in the northern port of Thessaloniki, traditionally used by Greek prime ministers to outline their government’s economic policy for the coming year. “There will be no more austerity measures,” he said.
  • Citing figures released on Friday by the national statistics agency, Mr. Samaras said the Greek economy shrank 3.8 percent in the second quarter, significantly less than an estimate of 4.6 percent. It was the smallest contraction since 2010, when Greece signed its first multibillion-euro loan deal with its so-called troika of creditors — the European Commission, European Central Bank and International Monetary Fund. The improvement is largely the result of an unexpectedly strong rebound in the country’s crucial tourism sector, with a record 18 million foreign visitors expected this year, he said.
  • Equally encouraging are early indications that the country will achieve this year a primary surplus — a budget surplus not counting debt financing, Mr. Samaras said. He said this would be the “first decisive step toward exiting the policy of memorandums,” referring to Greece’s two loan agreements since 2010, which are worth a total of 240 billion euros ($315 billion) and have been meted out in installments in exchange for a series of austerity measures.

“No” Vote From Congress, High Probability Of A False Flag- Episode 156

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Russia has moved more ships into the Mediterranean and China has ships on their way. The US is compiling any evidence they have to prove that Assad used chemical weapons. The UN has not finished compiling the evidence so the results are not in. The US job numbers came out and unemployment was reduced by 1%. The President indicated at the G20 that the FED will begin tapering, the central banks of central banks are saying to taper. Congress comes back into session on Sept 9th. The people of America are saying no to war, will Congress listen.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

Spain industrial output falls for 23rd consecutive month

  • Official data shows Spain’s industrial output has fallen for the 23rd consecutive month as domestic demand crumbled in a job-wrecking recession.
  • Spain’s National Statistics Institute presented the data on Friday, revealing that the country’s factories and utilities reduced production by 1.4 percent year-on-year in July.
  • This follows another 2.2 percent drop in output on an annual basis in June.
  • The institute also revealed that the production of durable consumer goods such as cars and home appliances plunged 10.5 percent. Analysts see the large drop as a worrying sign for the economy.
  • Another report by the institute on August 27 showed that the country’s recession is far worse than predicted, as the country’s economy shrank in 2012 by 1.6 percent, which was 0.2 percent more than expected.
  • Spain, which is the eurozone’s fourth-largest economy, is struggling to come out in this quarter from a two-year recession, which has affected millions of jobs and increased national debt.
  • The deep recession has driven the country’s unemployment rate to a record high of 27 percent in May. Official figures show that the total number of unemployed people has passed the five million mark.

Tension Builds Between The US, Russia And China – Episode 155

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The US fleet and the Russian fleet are positioned in the Mediterranean outside of Syria.  The US economy is on the brink of collapse and the central bankers/US government are making there last attempt of forcing the dollar as the reserve currency.  The central bankers need to control all natural resources before and after the war.  The central bankers will attempt to reset the system with those natural resources. China and Russia have been warning the US to not start this war because it would be catastrophic if they do.

Please check the Sentinel Alerts for the latest news on the economic collapse. The Sentinel Alerts are updated throughout the day. If you haven’t already, go to “The People” and join the community of people who are helping each through the economic collapse.


Current News


Economy

Cyprus parliament rejects condition for bailout, talks continue

  • The parliament of Cyprus on Thursday rejected legislation bringing its co-operative banks under the direct supervision of the central bank, a condition in a bailout program the island agreed with international lenders.
  • A finance ministry source said negotiations were under way in parliament on Thursday night to broker a deal and that the legislature’s approval on the matter was “crucial” to Cyprus receiving the next aid installment of 1.5 billion euros ($1.97 billion).
  • The vote, with a narrow majority of opposition parties and independent members of parliament, was a setback to plans to use the 1.5 billion euros, a second tranche from international lenders, to boost the co-ops, which are small credit institutions.
  • Cyprus and lenders from the International Monetary Fund and the European Commission agreed on a 10 billion euro bailout to the island in March.