Is DC Preparing For A Cataclysmic Event Of Epic Proportion? – Episode 180

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Washington DC is preparing for an event and they are conducting drills to prepare the city for a cataclysmic event.  There is a trucker protest rumbling into DC in Oct and in Nov there is another protest where thousands are descending onto DC to ask the President for his resignation. The Government shutdown continues and investment companies, the treasury and the FED are putting out the propaganda that this will have a long lasting effect on the economy if this continues. They are preparing for the collapse of the economy and they are building the propaganda that this might be the cause.

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.

Ron’s Video of his song Mouse Trap 


Current News


Economy

Greece jobless rate to hit 34% by 2016: Union

  • Greece’s largest labor union says the country’s unemployment rate will rise to 34 percent in three years as Athens continues to grapple with a recession-hit economy following the implementation of tough austerity measures.
  • A GSEE’s Labor Institute report said on Thursday that the country’s jobless rate, which is currently above 27 percent, will climb to 34 percent by 2016.
  • The report also warned that the tough austerity measures imposed by the government will have “devastating consequences” for employment.
  • Last month, GSEE warned that unemployment is expected to surpass 29 percent by the year’s end, and is likely to hit 31.5 percent in 2014.
  • On September 12, Greek Statistical Authority (ELSTAT) said that the jobless rate rose to 27.9 percent in July from 27.6 percent in June, marking a sharp rise compared to last year when the jobless rate stood below 25 percent.
  • The country axed 20,000 jobs in June alone, said the Athens-based national statistics office.
  • Greece has the highest unemployment in the European Union (EU) amid deteriorating economic situation and public discontent across the 28-nation bloc.
  • Greece has been dependent on bailout funds from international rescue loans approved by the troika of international creditors – the EU, the European Central Bank (ECB), and the International Monetary Fund (IMF) – since May 2010.
  • The Greek economy is in its sixth year of recession due to fiscal mismanagement, resulting in tax rises and spending cuts.

The Government Shutdown Game, Whats The Real Agenda? – Episode 179

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The Government is still shutdown. The Government is making sure the people are feeling the pain. They closed the national parks, shutdown websites and are withholding cancer treatments. While they are doing this they are giving aid to other countries, giving aid to the Syrian militants and giving money to corporation for public broadcasting. There was a shooting in DC and the story is still unfolding. The ECB, FED and Treasury are all now reporting that the longer the shutdown goes the worst the economy is going to be. Israel is teaming up with middle eastern countries to fight against Iran.

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 banks may need further $2 billion of capital: Moody’s

  • NICOSIA (Reuters) – Cypriot banks could need a further 1.5 billion euros ($2 billion) of capital to cope with a rise in bad loans in a rapidly contracting economy, credit rating agency Moody’s Investors Service said on Thursday.
  • Moody’s said the Mediterranean island’s banks and cooperative lenders were likely to need the money on top of the 2.5 billion euros of EU support already earmarked for the banking sector.
  • Cyprus shut one its largest banks and forced depositors to forfeit savings to recapitalize a second bank in March, as part of a 10 billion euro aid package from international lenders after the country was hit by the euro zone debt crisis.
  • Moody’s, which put Cypriot banks on a “negative” outlook in May 2009, said in a report it anticipated a 12 percent contraction in economic output this year, considerably worse than lenders’ estimates of an 8.7 percent decline.
  • The agency estimated that problem loans increased to around 26 percent of gross loans at the end of 2012, and would increase to over 35 percent by the end of this year. It did, however, say there was limited publicly available data on the matter.

The Dark Of Night Gives Cover To Prepare For The Next False Flag – Episode 178

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Two mysterious individuals dressed in all black with black helmets descended on NY near the Goldman Sachs building. The NYPD is looking into this but the two individuals disappeared. The Pentagon has given a warning that al-Shabaab is planning another attack on American interests. Putting all the pieces together the false flag event is closely approaching. The Government is still shutdown and the President will not negotiate with Congress. Congress is funding certain areas to help the people but the President will veto it. Bankers visited Obama, gold is smacked down and stocks are falling.

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

Sluggish job creation mutes U.S. office recovery

  • The U.S. office market mildly improved in the third quarter, as weak job creation continued to plague demand for office space, according to a preliminary report by real estate research firm Reis Inc.
  • The national vacancy rate for U.S. office buildings stood at 16.9 percent at the third quarter, down 0.1 percentage points from the prior quarter and only 0.30 from a year earlier, according to the report released late Tuesday.
  • “With the labor market’s ongoing struggles to create office-using jobs, demand for space remains muted,” the report said. “Stronger job growth is the catalyst that the office market needs for a faster decline in the vacancy rate.”
  • With the tired job growth, demand for office space left the vacancy rate in the third quarter well above the 12.5 percent average U.S. vacancy rate seen in the third quarter 2007. During the recent cycle, the vacancy rate hit a high of 17.6 percent in late 2010 through the first quarter 2011.
  • The high vacancy rate continued to pressure rents in the third quarter, with the average office rent rising just 0.3 percent from the prior quarter, Reis said.
  • Both asking rent and effective rent, which factors in perks and months of free rent, rose 2.3 percent compared with a year ago. At the end of the third quarter, the average asking rent stood at $28.88 per square foot and effective rent at $23.32 per square foot.

Shut It Down, Shut It All Down So The People Feel It – Episode 177

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The Government could not come to agreement and the debt ceiling was not raised. The Treasury Secretary Jack Lew is still using the pensions to fund the government until Oct 17.  Once Oct 17 hits the government will completely shutdown. The US government is shutting down the areas that effect the American people. The US government wants the people to feel it. The longest amount of time a shutdown when was 21 days. While this shutdown is in process, the central bankers smacked gold down and is preparing a false flag to get the war started.

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

Bank National of Panama, say banks will be closed for software upgrade on Monday Sept 30 and reopen on Oct 1.  The bank finished Phase II and they upgraded the system and they are operational.

Indian Temples Fight Back Against Government Gold Grabbing Plot

  • The following article from Reuters is a follow up to a topic I have explored on various occasions in the past. Namely, how an inept Indian government is attempting to use the age old tactic of scapegoating in order to deflect attention away from its widespread policy failures. In the case of India, the target is gold. It’s a logical target for any crony Indian bureaucrat or Central Banker to go after. Wealth confiscation is a tried and true method historically used by corrupt elites to stay in power, and there is plenty of gold floating around the subcontinent. Easy pickings… or so they thought.
  • It appears some of the temples are now drawing a line in the sand, and are in fact refusing to provide details about their holdings. Other temples are a bit more compliant. From Reuters:
  • The central bank, which has already taken steps that have slowed to a trickle the incoming supplies that have exacerbated India’s current account deficit, has sent letters to some of the country’s richest temples asking for details of their gold.
  • It says the inquiries are simply data collection, but Hindu groups are up in arms.
  • “The gold stored in temples was contributed by devotees over thousands of years and we will not allow anyone to usurp it,” said V Mohanan, secretary of the Hindu nationalist Vishwa Hindu Parishad organisation in Kerala state, in a statement.

al-Qeada Handing Terrorist Baton Over To al-Shabaab – Episode 176

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The US military is questioning why the US Government is funding al-Qaeda which is a terrorist group. The US Governments response is that they are no funding al-Qaeda they are funding the Syrian moderates. Since al-Qaeda has been exposed the US Government needed a new terrorist group. This new group is al-Shabaab and with their new leader the White Widow the new terrorist group is complete. The central bankers/US Government is now moving forward to get the war started with Syria/Iran by using a false flag event.

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

Russia Adds 12.7 Tonnes To Gold Reserves In August, Totals 1,015 Tonnes

  • It is getting kind of a cliché: the monthly gold reserve accumulation mainly by Russia and China continues non stop. The most up-to-date chart (see below, courtesy of Sharelynx) shows that Russia has been accumulating gold bullion for 6 straight years. What’s more, from a shorter term point of view, this appears to the be the 11th month of gold accumulation.
  • Recent official data from the International Monetary Fund provided some more details, not only about Russia but also Kazakhstan and Turkey. In particular, Bloomberg notes that “Russian assets gained 12.7 metric tons to 1,015.5 tons, International Monetary Fund data showed today. Kazakhstan’s reserves rose 2.5 tons to 134.5 tons and Turkey added 23.4 tons to 487.4 tons, the data showed.”
  • Earlier this week, Marc Faber explained what’s behind the trend of PHYSICAL gold moving from West to East: “In the East, we have a tradition of owning physical gold, but what is new is the Chinese government encouraging citizens to own gold. I believe that in the face of political instability and a lack of faith in the U.S. dollar, Asians will continue to accumulate physical gold and silver.”

Current Economic Collapse News – News Brief – Episode 175

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In this news brief we will discuss the latest news on the economic collapse. We look to see if things are really that different. The central bank will not stop at just confiscating your wealth they will want your life. They want to enslave the people.

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

FIRSTHAND UPDATE ON PANAMA BANK HOLIDAY

  • In the wake of yesterday’s breaking news that the Bank of Panama  has closed for 5 days for a Bank Holiday, we reached out to SD reader PK, an ex-pat living in Panama for a boots-on-the-ground report on the Bank Holiday.
  • PK reports that with BancoNational shut down for a 5 day bank holiday, Panamanians “are talking about nothing else except this bank holiday“, and states that while there is no massive panic yet in Panama, it is NOT NORMAL for the national bank to shut down for 5 days without warning on an end-of-the-month payday weekend. 
  • PK’s full report on the BancoNational bank holiday is below: 
  • Panama banking report.  I just came back from town.  It is 10:39 eastern standard time, we don’t use daylight savings here.
  • I went to my bank, MultiBank which was open and withdrew a large amount of money.  No questions asked.  All 20′s.  I needed a big bag to walk out with this.  There was only one person ahead of me in line.  Monday, I will return and do the same thing.  I also went to my other Bank, BancoGeneral, and withdrew 500 dollars from the machine.  There was only one person ahead of me.

“We’re Not Some Banana Republic, This Is Not A Deadbeat Nation” – Episode 174

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The Government is only days away from a shutdown. They need to raise the debt ceiling so they can fund all the programs. What does this tell us, the US government does not take enough in from the people to pay its bills so it needs borrow on a credit card to pay. So at this point the government is completely broke. The central bankers/US government are now planning a false flag of false flags. They have have an attack clause in the agreement with Syria, which is Chapter VII. “We’re Not Some Banana Republic, This Is Not A Deadbeat Nation” – President Obama

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

Italy on Verge of Downgrade to Junk; Silvio Berlusconi’s Supporters Threaten Mass Resignation from Parliament

  • Silvio Berlusconi supporters threatened to resign form Italy’s parliament en masse today, even though a week ago Berlusconi himself said he would not end the coalition. To someone in the US, such a ploy makes little sense, because as soon as you resign, you lose your vote.
  • Parliamentary rules described below suggest there may be some merit in the idea, but I still think a coalition collapse by ordinary means (withdrawing support) is more likely. Regardless, one way or another, the threat of a coalition collapse is back in the picture.
  • In response to the threat of a government collapse Standard & Poor’s warned of a further downgrade “by one notch or more” if Italy could not demonstrate “institutional and governance effectiveness”. Italian sovereign debt is just two notches above junk.