Current Economic Collapse News Brief – Episode 742

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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 – 08.16.2015


Global Consumer Confidence Tumbles 

  • Consumer confidence deteriorated in most countries in July.



 AT&T played key role in helping NSA spy on UN – NYTimes

  • Telecom giant AT&T Inc has played a bigger than previously thought role in helping the National Security Agency (NSA) spy on swathes of internet traffic, which included wiretapping all UN headquarters’ communications, The New York Times has revealed.
  • The report is based on leaked documents, which date from 2003 to 2013 and were provided by whistleblower and former NSA contractor Edward Snowden. The files describe the NSA’s relationship with the telecommunications company as “highly collaborative,” citing AT&T’s “extreme willingness to help.”
  • AT&T also gave the spy agency access to billions of emails that landed in the domestic networks.
  • The documents explain that the telecom giant was able to deliver under various legal loopholes international and foreign-to-foreign internet communications even if they passed through networks located in the US.
  • To show the extent of AT&T’s involvement, the files revealed that the company installed surveillance equipment in at least 17 of its major US internet hubs, thought to be a lot more than Verizon installed.



Ukraine fears ‘big war’ as Russia sends in more troops

  • Military authorities in Ukraine believe the number of Russian troops within and close to its borders has risen to more than 50,000, raising fears of a substantial escalation in the conflict raging in Ukraine’s eastern regions.


Kiev reserves right to return over-100mm-calibre weapons to front line

  • Ukraine’s authorities reserve the right “in case of a threat” to return to the front line weapons
  • He said Kiev had fulfilled the provision of the Minsk agreements on withdrawal of the weapons of the calibre, which, he said, the militia had not done. “Thus, we reserve the right in case of threat to lives and health of our military to return without delays those weapons and use them.”


  • The offensive operation in the anti-terrorist zone is planned to be conducted as part of a ‘preventive strike’ with the goal of allegedly preventing an offensive by units of the LPR People’s Militias,” Col. Igor Yaschenko said.


Kiev puts forces on high combat alert, Donetsk republic says

  • Ukraine’s forces have been put on high combat alert in Donbass,


Libya Appeals to World Powers to Unite in Fight Against ISIL

  • The legitimate authorities of the Libyan state called on the leaders of the world community to carry out airstrikes against ISIL targets on the territory of the country, particularly the hometown of the country’s former leader Moamer Kadhafi, Skynews Arabia reported quoting a cabinet statement on Saturday.

Syrian Rebels Are Using Turkish Lira In ISIS-Free Zone

  •  Syrian rebels in northern Syria have begun using the Turkish lira instead of the Syrian pound as Turkey plans to create an ISIS-free safe zone along its border with the war-torn country.
  • This week Syrian opposition forces said they would begin switching to the Turkish currency “in the liberated Syrian area” under rebel control. The aim of the move is “to put financial pressure on the Syrian regime until it falls and a new currency is minted.” The rebel-controlled Islamic court in Aleppo posted a video showing its employees receiving their monthly salaries in Turkish Lira.


Is Putin Planning to Sell-Out Assad?

  • Forget about ISIS and Syrian President Bashar al Assad for a minute and, instead, focus on the terms  “autonomous zones”,  “creation of …sanctuaries”,  “safe zones” and “a confederal Syria.”
  • All of these strongly suggest that the primary aim of US policy is to break Syria up into smaller units that pose no threat to US-Israeli regional hegemony. This is the US gameplan in a nutshell.
  • In contrast, Russia does not want a divided Syria. Aside from the fact that Moscow and Damascus are long-term allies (and Russia has a critical naval facility in Tartus, Syria), a balkanized Syria poses serious threats for Russia , Putin has convened meetings with all the main players in the Syria drama, and has made remarkable headway in resolving the crisis. The main sticking point now, is whether Assad will remain as president or be removed as Saudi Arabia, Turkey and the US demand. Putin is resisting this outcome for many reasons. First, he doesn’t be seen as betraying an ally which would seriously hurt his reputation as a reliable partner. Second, he can’t allow himself to comply with a “regime change” doctrine that eschews international law
  •  Putin wants to “preserve government institutions, including the Syrian army” to avoid another Iraq-type nightmare scenario
  •  So is  Putin is “selling out a friend and ally”, but that’s not entirely true. He’s trying to balance two opposing things at the same time. He’s trying to maintain his commitment to an ally while accommodating Saudi Arabia so they agree to help him to end the hostilities.
  • Washington wants war. Washington cannot achieve its goal of breaking up Syria and redrawing the map of the Middle East if peacemaker Putin prevails. Let’s put it this way: If Putin gets Saudi Arabia on board, then a good portion of the funding for jihadi groups will dry up,  the Syrian Army, assisted by Iraqi and Kurdish forces, will have greater success on the battlefield, and ISIS will be annihilated.
  • How does that serve Washington’s interests?
  • It doesn’t. And even if Assad is removed, the process (Geneva) is such that the next president is not going to be a hand-picked US stooge, but someone who is supported by the majority of the Syrian people. Needless to say, Washington doesn’t like that idea.
  • The only glitch to the plan is that Putin must move very fast.
  • Turkish tanks loaded with troops that have been armed and trained by Turkey, cross the border into Syria where they are expected to clear and capture territory up to and perhaps including Aleppo?


Syrian ambassador in Beirut: Syria will not bargain on the Resistance


US F-35 warplanes outgunned in dogfights with Russian, Chinese jets:

  • “The F-35 will find itself outmaneuvered, outgunned, out of range, and visible to enemy sensors,” said Bill French, a policy analyst with the National Security Network, a Washington think tank.
  • The network released a report Tuesday based on details leaked last month on a test flight where the F-35 was bested in most aerial maneuvering by an F-16,Stars and Stripes reported.
  • The report compared the power, maneuverability and maximum payloads of the F-35 against the Russian-made MiG-29 Fulcrum and the Su-27 Flanker, which is made by Russia and flown by China.
  • The Lockheed Martin F-35 Lightning II is “grossly inferior in terms of wing loading [except for the Navy variant], transonic acceleration and thrust-to-weight,” the analyst wrote. “F-35, Thunder without Lightning.”
  • “These are the kinds of aircraft the F-35 would most likely face in air-to-air engagements against a high-end opponent,” he wrote.
  • According to the analyst, the F-35 fared little better against US older jets, the F-16, F-18 and AV-8B Harrier.