Current Economic Collapse News Brief – Episode 1114

Current Economic Collapse News Brief
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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.

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Current News – 10.30.2016


“Global Economy Is Not Improving” – Anxious CEOs Blame Poor Data On Weak US Consumer

  • Each week the CEO of Avondale Asset Management, Scott Krisiloff, publishes some of his observations from commentary provided by public company executives during earnings calls.  Despite expectations for the usual rosy outlooks, Krisiloff notes that he was surprised to find that “comments from consumer facing businesses were somewhat troubling.”

Visa (Payments):  “On the negative side, theglobal economy is not improving. Geopolitical tensions are high. T

McDonald’s (Fast Food):  “I think there are broader macroeconomic issues of consumer confidence and just uncertainty of wage increases, the slight squeeze on discretionary spend with gas prices aging back up and healthcare costs going back up.So, I think those are sort of things that we see affecting customers and basically the spare cash they have in their pocket”

Catepillar (Equipment OEM):  “The decline for construction is particularly North America…The problem we find ourselves in, I think, is the larger projects, the infrastructure, the infrastructure spending is maybe not quite as robust as housing would be right now, and that’s a bigger sweet spot for us.”



United Technologies (Conglomerate):  “new equipment orders on a sales basis in China were actually down 10% in the quarter. A tough market right now”


Italy’s Banking System on Verge of Nervous Breakdown

  • One of the best indicators of whether a financial crisis is in full swing is when senior insiders begin to lose it in public. That’s precisely what happened in Italy on Thursday when Italian senior banker Giuseppe Guzzetti gave a speech at a conference in honor of World Savings Day, an international event that, unbeknownst to 99.9% of mankind, takes place every year on Halloween (Oct. 31).
  • During his address, Guzzetti admitted that Atlante II — one of two bad bank funds created to provide much-needed support to Italy’s crumbling banking sector (the other being its predecessor, Atlante I) — is chronically underfunded. The fund, set up in the spring to help Italy’s most fragile banks, in particular Monte dei Paschi, remove some of the most toxic debt off their balance sheets, has experienced six intense months of activity, “but is now out of breath,” Guzzetti lamented.



Kiev beefs up positions deploying rocket artillery to Donbass

  • The Ukrainian military have deployed tube and rocket artillery banned by the Minsk agreements to the line of contact in Donbass
  • “The deployment of manpower and military hardware to the line of contact testifies to the fact that the Ukrainian military command is getting ready to intensify hostilities,” he said.


US Air Force command apologized for close fly-by in Syria — Russian MoD

  •  the incident that happened on October 17 in Syria, as officials “were surprised with yet another attempt of the American military command to shift the blame [to] Russia’s Air Force” for the near miss involving a US Boeing E-3 Airborne Early Warning and Control System (AWACS) with Russian Su-35 bomber.
  • American military officials have offered apologies to their Russian colleagues for an incident over Syria, in which US and Russian military jets were involved in a “near-miss” situation. Earlier, Washington shifted the blame to Moscow for the incident.
  • Representatives of the US Air Force Central Command have promised their Russian counterparts to take measures and address the issue with American pilots so that incidents like this do not happen in the future, Russian Defense Ministry spokesman Major General Igor Konashenkov
  • Konashenkov blamed the crew of the AWACS plane for violating the flight security rules near the city of Deir ez-Zor in eastern Syria. The American aircraft went down almost a kilometer (0.62 miles) from its flight level and “dangerously” approached the Russian Su-35 fighter jet by less than 500 meters.
  • In accordance with Russia-US agreements in Syria, the Russian command had informed their American counterparts on the Su-35 flight in the area in advance, having provided them with the “exact flight level,” the official explained. Following the incident, it was Moscow who contacted US officials and asked for explanations regarding the matter.


Moscow: US Includes 10 Syrian Rebel Groups Working With Terrorists in Truce List

  • Washington included two Syrian rebel groups working with Daesh and eight groups working with al-Nusra Front in a truce list,  the inclusion of Ahrar ash-Sham and Nour al-Din al-Zenki  in this list completely discredites the American list,
  • The goal of this [media] campaign is clear — to cover up the real perpetrators of the ceasefire’s collapse in the Syrian Arab Republic, to hide the real reasons for the failure to implement the Russia-US agreements on Syria.


Amnesty: Coalition using white phosphorus in Mosul

  • Amnesty International has confirmed “credible reports” that white phosphorus munitions have been used in the battle to recapture Mosul from Daesh militants, placing civilian lives at extreme risk of injury or death.
  • .
  • Although Amnesty had no information as to who deployed these munitions, it did identify that the dispersal pattern appeared to resemble US-made 155mm M825A1 projectiles. According to the human rights organisation, these munitions eject 116 wedges of white phosphorus over an area of up to 250 metres wide.
  • This means that either the US-led coalition used them, or else the Iraqi Security Forces (ISF) or Kurdish Peshmerga did, all of whom receive arms supplies from the United States.


Syrian state media reports Western-backed terrorists firing shells with poison gas against Aleppo citizens

  • Poison gas was fired at a government-held area of Aleppo on Sunday, causing at least 15 people to choke,


  • The Russian embassy in the Syrian capital Damascus was targeted on Friday, with two mortars shells coming from an area controlled by the militants hitting the embassy compound.


False Flags

US Orders Family Members Of Istanbul Consulate Employees To Leave

  • Capital punishment was abolished in Turkey in 2004 as the nation sought accession to the European Union.
  •  the US Embassy in Istanbul ordered the families of employees to depart, and  also advised U.S. citizens to avoid travel to southeast Turkey and “carefully consider the risks of travel to and throughout the country.”
  • This order applies only to the U.S. Consulate General in Istanbul, not to other U.S. diplomatic posts in Turkey.  


US orders evacuation of Istanbul diplomatic staff families

  • “Border crossings from Syria into Turkey are prohibited, even if the traveler entered Syria from Turkey. 
  • The travel warning, issued Saturday, updates a warning last week of increased threats from terrorist groups throughout Turkey.