Alas, fakery isn’t actually a solution to fiscal/financial crisis..
This chart of “debt securities and loans”–i.e. total debt in the U.S. economy–is also a chart of the creation and distribution of new money, as the issuance of new debt is the mechanism in our financial system for creating (or “emitting” in economic jargon) new currency: when a bank issues a new home mortgage, for example, the loan amount is new currency created out of the magical air of fractional reserve banking.
Central banks also create new currency at will, and emitting newly created money is how they’ve bought $21 trillion in assets such as bonds, mortgages and stocks since 2009. Is there an easier way to push asset valuations higher than creating “money” out of thin air and using it to buy assets, regardless of the price? If there is an easier way, I haven’t heard of it.
Read more at:How Much Longer Can We Get Away With It?
Update: Just hours after Macron issued the statement below demanding “more proof” and decrying May’s “fantasy politics,” it appears a phone call with the UK has changed the attitude and Germany, US, and France have now issued a statement that says they agree with UK that “Russia must be responsible” for the UK attack.
The countries are “horrified” at the attack, according to the joint statement, and explain in full-Haley (Colin-Powell-esque) fearmongery, warn the attack “threatens the security of us all” and Russia must explain the UK attack.
As AP reports, the leaders of the United States, France, Germany and Britain say they are united in blaming Russia for a nerve agent attack on former spy Sergei Skripal.
Read more at:France, Germany, US Demand Russia Explain UK Attack Despite Decrying May’s “Fantasy Politics”
The U.S. exported a stunning amount of gold since the turn of the century. As the price of gold surged along with the massive increase in U.S. debt, gold exports jumped to record highs. In 2012 alone, the United States exported nearly 700 metric tons of gold. The total amount of U.S. net gold exports over the past 17 years equaled the combined gold reserves of six high ranking countries.
While the U.S. exported nearly 8,000 metric tons (mt) of gold since 2001, it also imported a great deal as well. Thus, we arrive at a “net export” figure by subtracting gold imports from gold exports. During the past 17 years, there were only four years where the U.S. imported more gold than it exported. These net gold import years were in 2004-2005 and 2010-2011 and totaled only 322 mt.
Read more at:The Amazing Amount of Gold The U.S. Exported Since 2000
First, I would like to say that the timing of Donald Trump’s announcement on expansive trade tariffs is unusual if not impeccable. I say this only IF Trump’s plan was to benefit establishment globalists by giving them perfect cover for their continued demolition of the market bubbles that they have engineered since the crash of 2008.
If this was not his plan, then I am a bit bewildered by what he hopes to accomplish. It is certainly not the end of trade deficits and the return of American industry. But let’s explore the situation for a moment…
Trump is in my view a modern day Herbert Hoover. One of Hoover’s first actions as president in response to fiscal tensions of 1929 was to support increased tax cuts, primarily for corporations (this was then followed in 1932 by extensive tax increases in the midst of the depression, so let’s see what Trump does in the next couple of years)
Read more at:Trump Trade Wars A Perfect Smokescreen For A Market Crash
As gunman Nikolas Cruz went on a rampage at Stoneman Douglas High School on February 14, firing on students and teachers until his semiautomatic AR-15 jammed, Broward Deputy Scot Peterson cowered outside behind the safety of cover, “pointing his gun at nothing.”
Peterson publicly stated that he thought gunfire was happening outside on campus, not inside the building – perhaps to justify not going in to stop the shooting which claimed 17 lives
Internal radio dispatches released by the Broward County Sheriff’s Office Thursday reveal Peterson immediately focused on Building 12 and radioed that gunfire was happening “inside.”
What’s more – Peterson warned his fellow officer to stay away – despite wounded students and staff inside who required assistance. Broward Sheriff’s Office (BSO) policy requires deputies to engage an active shooter and eliminate the threat.
Read more at: Disgraced Parkland Officer Lied, Radio Dispatch Recording Reveals
Bitcoin’s Tokyo Whale (not to be confused with that Tokyo Whale) revealed on Wednesday that he has sold off about $400 million in bitcoin and bitcoin cash since late September.
Nobuaki Kobayashi, bankruptcy trustee for Mt. Gox, the largest bitcoin exchange in the world before hackers absconded with tens of thousands of customers’ bitcoins worth billions at recent prices, said he started selling in late September, meaning it’s quite possible he sold at least some of the coins at the highs reached toward the end of last year.
Read more at : Meet The ‘Man’ Who Crashed Bitcoin In 2018
The means by which the vast majority of Americans are deceived to believe fake ‘news’ that’s based on fake ‘history’, will be described here, so as to enable America to be understood correctly, as a fake ‘democracy’, the perpetual-war-for-perpetual-peace nation that the entire world considers to be by far the most dangerous nation, the biggest threat to world peace, anywhere on this planet. The system of mass-deceit in America, will be the subject, and examples will be cited here as embodiments displaying this system of mass-deceit — the mass-deceit that enables the U.S. Government to be the world’s most aggressive, most destructive, not only in Iraq, and in Yemen, but shamelessly, and repeatedly, destroying worldwide, with no respect for international laws that this Government blatantly violates, and is never held accountable for having violated. How is this mass-deceit, and total impunity, to be understood correctly, truthfully? That’s the question addressed here.
Read more at:How Liars in US ‘News’-Media Build on Prior Lies in US ‘News’