Is The Devaluation Of The Dollar Unavoidable? – Episode 312

youtube_imf_devalue_economic_collapse2The Greek people are sick and tired of austerity, unemployment is ~30% and rising. The Greek people are being urged by their government to keep all money in the country to help the debt problem. More financial layoffs are looming, reports are filtering in that many will possibly lose their jobs in the next few months. The Ukraine crisis continues, the central bankers/US government are pursuing other options, meanwhile they are positioning military assets for war with Syria and Libya. The US government is trying to push legislation and attach it to the Ukraine bill which will meet the obligations of the IMF. If this legislation is not passed there is a high possibility that the US dollar might shift the reserve status to the SDR which would wreak havoc on the American people. The dollar would devalue and goods and services would be to expensive for most 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 – 03.12.2014


Economy

  •  A protest march is planned in central Athens later in the day, while civil servants have penciled in another 48-hour strike on March 19-20.
  • Demonstrators gathered at two squares in central Athens, including cleaning staff fired by the Finance Ministry, who marched holding up buckets and mops.
  • The latest disruptions have come as negotiations with rescue lenders have dragged on for months, with the government reluctant to impose more economic pain in a country already exhausted by a six-year recession.

DHS Is Conducting Drills To Deal With Domestic Terrorists – Episode 202

youtube_dhs_drills_economic_collapse2The entire economy is declining, the housing market has just surpassed the bubble in 2008 before it popped. Major corporations are now laying off thousands of people. The UN watchdogs who are destroying the chemical weapons have missed the deadline because they cannot get to two sites. The rebels used chemical weapons while the UN team was destroying Assad’s chemical weapons. DHS is now conducting many drills to deal with domestic terrorists, could this be in preparation for the upcoming EBT riots.

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

CPI Drops, Misses By Most In 14 Months

  • If there was another reason for the Fed to keep its foot ‘through’ the floor, it is the fact that despite a record growth in the Fed balance sheet YoY, CPI (ex food and energy) dropped to 1.7% and missed by its biggest margin in 14 months. This is the 2nd lowest print in two-and-a-half years. Perhaps most dismally, real hourly wages rose at only 0.9% year-over-year – around half the rate of inflation. Overall, energy costs rose the most MoM (+0.8%) while Apparel fell 0.5% MoM (its biggest drop in 6 months as we suspect the JCP-driven sales deflation has begun already); and given Sebelius’ testimony today we note that healthcare costs are up 2.4% YoY (almost triple the rate of wage increase).
  • CPI YoY Ex Food and Energy saw its biggest miss in 14 months…

Pedal To The Metal, WWIII Is Starting To Accelerate To Cover Up The Economic Collapse – Episode 122

youtube_pedal_metal_collapse2

In this report we will discuss the latest news on the economic collapse. Israel, US, China, Japan, Philippines, Russia and other countries are moving and preparing all assets to be ready for the upcoming war. The mid-east is seeing massive uprisings which will put pressure on the US to intervene to protect the US dollar as the reserve currency. China is making deals and is becoming the next reserve currency while the US is waging war just to maintain those countries using the US dollar as the reserve currency. The central bankers will go down fighting to keep the US dollar as the reserve currency.

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, lenders set Bank of Cyprus bail-in at 47.5 percent, sources say

Just imagine if the bail-ins were happening in your country and they took 47.5 percent of your money and froze your account so you were not able to withdraw your money. Well this was the test and this will be happening everywhere, the US, UK, Europe, Canada etc already have laws in place or are introducing them.

  • Cyprus and its international lenders have agreed to convert 47.5 percent of deposits exceeding 100,000 euros in Bank of Cyprus to equity to recapitalize it, banking sources said on Sunday.
  • Under a programme agreed between Cyprus and lenders in March, large depositors in Bank of Cyprus were earmarked to pay for the recapitalisation of the bank. Authorities initially converted 37.5 percent of deposits exceeding 100,000 euros into equity, and held an additional 22.5 percent as a buffer in the event of further needs.
  • “There was an agreement concluding at a final figure of 47.5 percent this morning,” a source close to consultations told Reuters.

Monthly Home Payment Soars 40% To 2008 Levels

  • Credit Suisse fully explains why the US housing “recovery” has just ground to a halt: in a few short weeks, US housing affordability (a topic we first covered a month ago) has collapsed as a result of the monthly payment on the median home sold soaring by nearly 40% from under $800 to just shy of $1100, a level not seen since 2008. Now if only US personal incomes would keep pace, instead of doing this…

Economic Collapse Is Like Preparing For A Natural Disaster – Episode 120

youtube_natural_disaster_economic_collapse2

In this report we will discuss the latest news on the economic collapse. Goldman Sachs and JP Morgan are both involved in a precious metal manipulation. JP Morgan is closing down its physical commodity branch. The US Government is paying Syrian police to work with the US paid mercenaries, they are paying their salaries with the sequester hitting the American people. There have been multiple cyber attacks and there is a report that the infrastructure is very vulnerable.  War is coming to cover the economic collapse, be prepared.

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

Final ‘haircut’: Cyprus to levy deposits by 50 percent

Don’t worry you money is safe in the banks, we will only take around 50 percent of your money hopefully less, and you know if they are saying hopefully less than 50 percent its going to be more.  Personal opinion I would remove some money from the bank just in case.

  • The ‘Troika’ of creditors have agreed the final deposit levy on Cypriot accounts will be 45 percent for shareholders, bondholders, and depositors with more than 100,000 euro in the two largest banks.
  • The official decision will be announced later by the Cypriot Ministry of Finance, Itar-Itass reported, citing a Cypriot news outlet.
  • Central Bank Board of Director Sophocles Mihaelidis reported a slightly different figure, saying about 50 percent, but not more than 60 percent, will be levied, Vesti reported.
  • Previous exact loss estimates have ranged from 12.5 percent, later revised to 30 or 40 percent, and in April, 60 percent. Cyprus hopes to keep the deposit levy under 50 percent.
  • As a condition for receiving a $13 billion (10 billion euro) bailout package, Cyprus was forced by Troika lenders to sponsor a portion of their bailout, which they will raise by levying shareholders, bondholders, and depositors with more than 100,000 euro in accounts.

De Facto Martial Law, For The Economic Collapse – Episode 42

youtube_defacto_martiallaw_economic_collapse2

If you came over from YouTube to hear the rest of the show you can start at the 11:30 mark.

In this report we will talk about the current news which will include the economy, war, DHS, gun control and the Boston and Texas explosions. From everything we see and what is going on around us we can see that the Government is preparing so each person needs to prepare.

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

 Argentina Revolts Against Government Push To Take Control Of Judicial System

  • The streets of Buenos Aires are full of revolting Argentinians this evening as they protest President Cristina Fernandez de Kirchner’s (CFdK) plans to ‘increase’ state control of the court system. CFdK’s proposal looks to limit the judicial system’s ability to bring actions against the state, as Bloomberg reports, leaving citizens and companies unprotected against state actions affecting their finance or assets (i.e. mass nationalization or confiscation). As the images below show, the people are angry, exclaiming “No to impunity.” CFdK’s actions follow previous attempts to take action against companies have failed or taken too long; but acting behind a facade of “increasing democracy and transparency,” it appears her intent is clear as the bankrupt nation struggles on. “The reform will do great damage,” warned one business leader, adding that limiting these injunctions, “undermines individual’s rights and freedom.”
  • Anti-Government demonstrations begin around the country
  • Hundreds of people were gathering at the intersection of the Callao and Santa Fe avenues to protest against the National Government, in a demonstration that is expected to end in Plaza de Mayo.
  • Joined by opposition leaders, demonstrators are gathering in different areas of the city and await for more to join them while carrying a giant Argentine flag that reads “Country First”.
  • At the same time, people are gathering at the same time on the corners of Acoyte and Rivadavia, Cabildo and Juramento and Corrientes and Pueyrredon. They will later march towards the Plaza de Mayo and protest in front of the Government House.

Cyprus president says casinos, tax breaks, solar energy parks among steps to restart economy

  • He said Cyprus would fork out 21 million euros ($27.54 million) to partly subsidize salaries for 6,000 jobless people that will be hired in the tourism sector, give businesses tax breaks for hiring new workers and set up solar energy parks.
  • Young people will be granted state and church-owned land for cultivation. And those having homes or businesses seized because they’re unable to pay off loans would be able to stay on as renters, he said.

Is It Really That Different – News Brief – Episode 37

youtube_newsbriefeconomic_collapse2

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.


News Brief

California Liberty Preservation Act Passes Committee 6-0 to Nullify the NDAA – All states should do this, why do we need the NDAA it serves only one purpose and that purpose is not in the best interest of Americans.

  • Dozens of states and local jurisdictions continue to move toward nullifying the unconstitutional National Defense Authorization Act (NDAA).
  • Yesterday we announced that Montana has taken the next step with Senate approval by a margin of 43-7 to protect its citizens from indefinite detention, and the measure is only awaiting signature from Governor Steve Bullock.
  • Now California has taken a much-needed step toward rebuking federal overreach. And, once again, the protections afforded by the Liberty Preservation Act are seeing support from a wide spectrum of political interest.
  • The 2012 NDAA applies broad detention power, using terms such as “associated forces” and “substantially supported,” allowing the federal government to detain and even execute any person, including an American citizen, on U.S. soil without due process. Sections 1021 and 1022 are particularly onerous.

Gold, War, Cyber Attack, Black Out And The Economic Collapse – Episode 32

youtube_war,gold,blackout_economic_collapse2

In this report we will talk about war, gold, cyber attacks and the economic collapse. The economic collapse is at full steam. The tested Cyprus it was a success, war, cyber attacks, bank holidays and black out propaganda working overtime.   The gun grab is still moving forward with states creating laws that are against the 2nd Amendment.  Government is preparing so each person needs to prepare.

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


Gun Control

States are leading the way when it comes to the gun control laws. Connecticut, New York, Maryland, Colorado


DHS

DHS Tells Border Patrol They Have Ammo Shortage

  • I know, you are probably thinking like I am after reading the title, “You’ve got to be kidding!” I’m not. Even after the Department of Homeland Security indicated that they had nearly 264 million rounds of ammunition back near the end of November 2012, they have sent out an email to Border Patrol agents yesterday informing them that they will not be issued any new proficiency ammunition for next quarter.

Economy

The Assault On Gold: The Fed’s Attempt to “Scare People Away” from Gold and Silver – They are slapping gold and silver down so people believe that precious metals don’t hold value. Meanwhile, central banks, banks, countries are buying precious metals by the tons.

  • For Americans, financial and economic Armageddon might be close at hand. The evidence for this conclusion is the concerted effort by the Federal Reserve and its dependent financial institutions to scare people away from gold and silver by driving down their prices.
  • When gold prices hit $1,917.50 an ounce on August 23, 2011, a gain of more than $500 an ounce in less than 8 months, capping a rise over a decade from $272 at the end of December 2000, the Federal Reserve panicked. With the US dollar losing value so rapidly compared to the world standard for money, the Federal Reserve’s policy of printing $1 trillion annually in order to support the impaired balance sheets of banks and to finance the federal deficit was placed in danger. Who could believe the dollar’s exchange rate in relation to other currencies when the dollar was collapsing in value in relation to gold and silver.

 Malware Turns Hacked Computers Into Slaves That ‘Mine’ Bitcoins – Bitcoin reminds of the Titantic. The unsinkable ship. Since it cannot sink we do not life boats. Bitcoin can’t be manipulated because there is no central bank or government. But every time someone says it can’t or won’t someone always finds a way. 

  • The digital currency Bitcoin is having a bit of a moment, which is drawing the attention of cybercriminals. They don’t want to steal your money (though there is some of