Current Economic Collapse News – News Brief – Episode 103

youtube_newsbriefeconomic_collapse2In 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

The MARKET TRAP Is Being Set – With China, EU, UK, Japan etc. In Full Collapse Mode, Major Bank Failures Soon Followed by Bail-Ins And Extreme Money Printing. The Whole World Is Turning Japanese!

  • It looks like the collapse is at our doorstep knocking. With China, EU, UK, Japan etc. in full collapse mode. I am expecting to see major bank failures soon followed by bail-ins and extreme money printing later this year.
  • Think of this as 1996+/- in Japan. Seven years in after the Nikkei went kaput. The Japanese Central Bank apparatchik probably though the same. Not, and deflation still kicking their behind 17 yrs later.
  • Moral of the story is – If you save the Bankster you impoverish a sizeable percentage of the present population and you kneecap economic growth for the next generation.
  • I remember about 10 yrs ago hearing about “parasite singles” in Japan. About 4 yrs ago, I started hearing ” herbivore males”. All these are sign of an economically dead generation. A good majority of the Japanese kids coming of age since the Nikkei collapsed are member of this generation. They really have nothing to look forward, except to see their parents dead soon to collect what ever inheritance they might get.
  • Japan’s decades of economic stagnation after pursuing a low interest rate policy should be a warning to all central banks, particularly the European Central Bank, according to Satyajit Das, a former banker and author of “Traders, Guns and Money”.
  • “The whole world is turning Japanese,” Das told CNBC on Thursday. “Everyone should familiarize themselves with the hit single from the eighties called ‘Turning Japanese.’”
  • The 1980s song by British band The Vapors is about youthful angst and turning into something you didn’t expect – a risk facing central banks around the world, Das said, as they ponder how to scale back stimulus programs and combat government deficits and debt.

The Economic Collapse Has Been Contained, The FED Will Start Tapering – Episode 102

youtube_fedtaper_economic_collapse2In this report we will discuss the latest news on the economic collapse. Goldman just got the word from the FED that since the economy is recovering the taper is on for September. During this time we can see gold to drop, investors to flee from bonds and the FED will try to prop up the stock market using the plunge protection team and the high frequency traders. During this time there are many chemical and biological drills scheduled for this summer.

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

Here is the link to the gold graphs

June Payrolls +195K Much Higher Than Expected; Underemployment Rate Soars To 14.3%

  • So much for any doubts about a September taper: with the street expecting a 165K NFP number for June, the actual print of 195K following an upward revised May print of 195K as well, means the Fed’s September flow fade, aka Taper, is now virtually assured. On the other side, the Household Survey printed a 160K increase in jobs. The Unemployment Rate stayed at 7.6% despite expectations of a drop to 7.5%, although the real action was in the underemployment rate which exploded from 13.8% to 14.3%.
  • The Civilian Labor Force rose once again, printing at 63.5% with the labor force rising from 155,658
  • to 155,835.
  • Total nonfarm payroll employment increased by 195,000 in June, in line with the average monthly gain of 182,000 over the prior 12 months. In June, job growth occurred in leisure and hospitality, professional and business services, retail trade, health care, and financial activities. (See table B-1.)
  • Leisure and hospital ity added 75,000 jobs in June. Monthly job growth in this industry has averaged 55,000 thus far in 2013, almost twice the average gain of 30,000 per month in 2012. Within leisure and hospitality, employment in food services and drinking places continued to expand, increasing by 52,000 in June. Employment in the amusements, gambling, and recreation industry also continued to trend up in June (+19,000).

The Economic Collapse Independence Day – Episode 101

youtube_independenceday_economic_collapse2

In this report we will discuss the latest news on the economic collapse. During this Independence day we see other countries declaring their own independence. We nee to look at all the rights the government has taken away which our founding fathers fought for. Many of the peoples rights have been taken away through terrorizing the masses into thinking the government needs to take care of the people. As we can see around the world there are many signs that the economic collapse is pushing forward and there is no stopping it.

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

Nigel Farage Destroys Europe’s Latest Bad Idea

  • I’ve landed this morning in Frankfurt… financial capital of one of the few remaining ‘healthy’ countries in Europe able to inspire a modicum of confidence among investors.
  • As southern Europe buckles under the weight of unserviceable debt and 60%+ youth unemployment rates, Germany is coasting along with an almost historically low unemployment rate, and an almost historically high stock index.
  • In fact, the disparity between Germany and its southern neighbors could not be more obvious.
  • The German Chancellor Angela Merkel has now become a de facto Trustee of the continent. Her fingerprints are all over everything– restructuring agreements, bailout plans, the bank account theft in Cyprus, etc.
  • She is, at this moment, hosting an EU conference in Berlin, making a public pledge to ‘tackle’ the continent’s job crisis. This seems strangely out of her jurisdiction.
  • It’s bad enough when people get screwed by their own politicians. Just imagine getting screwed over by some other country’s politicians…
  • Of course, European policy to deal with the jobs crisis is quite simple: print more money. And the German government has had long-standing influence in European monetary policy to make this happen.
  • The European Central Bank is right here in Frankfurt, just a stone’s throw away from the cafe where I’m at on Gallusanlage Street. The entire edifice is a shrine to the euro, complete with a hideous monument that probably measures ten meters across.
  • Smartly-dressed bureaucrats are streaming in from the mothership right now for congratulatory cold beers… a day’s end toast to another job well done of conjuring more paper money out of thin air.
  • I have to imagine that this entire euro system is probably going to go down as one of the worst ideas in the history of economics.
  • The central bank fiat system that pervades global finance is already ludicrous enough. We entrust the reins of an entire economy, the prices of goods and services, the printing press, total control of financial markets– to a tiny elite.

The Dam Is About To Burst And Nobody Can Stop It – Episode 100

youtube_dambursting_economic_collapse2In this report we will discuss the latest news on the economic collapse. The dam is leaking and leaking bad, it is about to burst and the government can do nothing about it. From the money printing to Obamacare it is all falling apart at an accelerated rate. There is now a complete disconnect between the stock market and the economy. The middle east is in turmoil and the markets are down all around the world. The only place the market is up is here in America. All eyes on the stock market.

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

 Wall Street Banks Extract Enormous Fees From The Paychecks Of Millions Of American Workers

  • Would you be angry if you had to pay a big Wall Street bank a fee before you could get the money that you worked so hard to earn? Unfortunately, that is exactly the situation that millions of American workers find themselves in today.
  • An increasing number of U.S. companies are paying their workers using payroll cards that are issued by large financial institutions. Wal-Mart, Home Depot, Walgreens and Taco Bell are just some of the well known employers that are doing this.
  • Today, there are 4.6 million active payroll cards in the United States, and some of the largest banks in the country are issuing them. The list includes JPMorgan Chase, Bank of America, Wells Fargo and Citigroup. The big problem with these cards is that there is often a fee for just about everything that you do with them. Do you want to use an ATM machine? You must pay a fee. Do you want to check your balance? You must pay a fee. Do you want a paper statement? You must pay a fee. Did you lose your card? You must pay a big fee. Has your card been inactive for a while? You must pay a huge fee. The big Wall Street banks are systematically extracting enormous fees from the working poor, and someone needs to do something to stop this.

Alert: False Flag Alley – Episode 99

youtube_falseflagalley_illusion_economic_collapse2

In this report we will discuss the latest news on the economic collapse. We are entering the week of potential false flags. There are so many different events going on and government officials have given many warning on what to expect. The gun bill, UN arms treaty, CISPA, Syrian bills are either pending in the Senate or are being proposed. The Syria conflict is not going well for the US paid mercenaries and congress does not want to arms the rebels. The Obama administration will need to do something to block the bill.  So be on the look out for many different false flags occurring during the summer.

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

 The Federal Reserve Is Paying Banks NOT To Lend 1.8 Trillion Dollars To The American People

They FED does not want this money going into circulation, instead he wants the banks to put it into the stock market like they are doing to pump, pump and pump the market up. So this is why there is no inflation, but when all those countries stop using the dollar as the reserve currency all those dollars will start to flow back to the US causing massive inflation.

  • Did you know that U.S. banks have more than 1.8 trillion dollars parked at the Federal Reserve and that the Fed is actually paying them not to lend that money to us? We were always told that the goal of quantitative easing was to “help the economy”, but the truth is that the vast majority of the money that the Fed has created through quantitative easing has not even gotten into the system. Instead, most of it is sitting at the Fed slowly earning interest for the bankers. Back in October 2008, just as the last financial crisis was starting, Federal Reserve Chairman Ben Bernanke announced that the Federal Reserve would start paying interest on the reserves that banks keep at the Fed. This caused an absolute explosion in the size of these reserves. Back in 2008, U.S. banks had less than 2 billion dollars of excess reserves parked at the Fed. Today, they have more than 1.8 trillion. In less than five years, the pile of excess reserves has gotten nearly 1,000 times larger. This is utter insanity, and it will have very serious consequences down the road.
  • Posted below is a chart that shows the explosive growth of these excess reserves in recent years…

The Government Illusion Is Giving Way To The Economic Collapse – Episode 98

youtube_centralbanker_illusion_economic_collapse2In this report we will discuss the latest news on the economic collapse. The Government and the FED are doing their best to keep the illusion that everything is ok in the US and around the world. But from the actions of governments, bank officials and central bankers we can see that they are fighting to keep the illusion from giving way to the economic collapse. The spying, investors are dumping bonds, the stock market is very volatile and the war machine is building across the mid-east. Reports of false flags this July 4th are at an all time high. 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


Economic

Argentina Legitimizes Black-Market Currency With New Dollar-Backed CDs

Just think what will happen when the dollar is worthless and you need to use another form of currency to trade with. Gold and silver everyone knows what it is, everyone takes it and the value has gone up since 1913

  • Just over a month ago we noted that the black-market (blue-dollar) currency that existed in hyper-inflation-prone Argentina had reached epic proportions of disconnect from the official rate of exchange to the USD. It seems the government did not like this and so has decided to take control of this ‘shadow economy’ by creating a new payment method. As the FT reports, As of today, Argentines can pay with so-called Cedins (Certificates of Deposit for Investment), which unlike the peso, can be (legally) swapped for much-coveted dollars. Originally designed for real-estate purchases, they are set to be accepted for anything as long as buyer and seller agree. Argentina has a history of resorting to ‘funny money’ and Cedins will “operate like a national currency… [since] the peso has stooped serving as a savings instrument.” While officials dismiss the blue-dollar market, this move clearly signifies there recognition of an un-official exchange dramatically devalued from the the official rates.

Current Economic Collapse News – News Brief – Episode 97

youtube_newsbriefeconomic_collapse2In 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

Cyprus’s Rating Cut to Restricted Default by Fitch on Exchange

The bail-ins are working so well and the recovery is happening that Fitch had to downgrade Cyprus from CCC to Restricted Default. Every country should follow this, oh wait they are the template for Europe, England and America

  • Cyprus’s local-currency issuer rating was lowered to Restricted Default from CCC by Fitch Ratings after the nation completed an exchange of government bonds for longer-dated securites.
  • The downgrade reflects Fitch’s opinion that the swap constitutes a distressed debt exchange in line with its criteria, according to a statement issued by Fitch in London. The settlement date for the exchanged bonds is July 1 and shortly after that date the country will be raised to a rating that’s “likely to be low speculative grade,” Fitch said.
  • Cyprus yesterday offered to swap 1 billion euros ($1.3 billion) of domestic-law government bonds with new securities of equal coupon and maturities of five to 10 years. Fitch, which cut Cyprus’s rating to CCC on June 3, said it received confirmation from the Cypriot government that the exchange was completed today, according to the statement.
  • The country avoided a financial collapse in March by bowing to demands from creditors to shrink its banking system in exchange for a 10 billion-euro bailout from the euro area and International Monetary Fund. The bond exchange is part of commitments under the bailout and intended to facilitate cash-flow management, the Cypriot Finance Ministry said yesterday.
  • With foreign law bonds unaffected by the exchange, the long-term foreign currency issuer default rating was affirmed at B- with a negative outlook, Fitch said.