The Battle Moves From Behind The Scenes To The Foreground – Episode 1588

Crypto School
The Battle Moves From Behind The Scenes To The Foreground
Click On Picture To See Larger Picture

Morgan Stanley warns the tech bubble can burst at any moment and it will bring down the rest of the market. The credit economy will eventually freeze and the squeeze will put pressure on corporations and governments. The Fed has been unwinding but the amount that needs to be unwind is huge, they will most likely not reach their goal before the economy collapses. Bill Maher says the way to get Trump out of office is to crash the economy.  The G7 meeting did not go well, Trump does not agree to terms, the battle is now being fought in front of the world, the deep state against the patriots. Putin and Poroshenko speak on the phone to begin the process of making peace. The recount in Iraq is on hold when a mysterious fire burns down the building where the ballots are being held. The ceasefire agreement in Afghanistan is allowing the US to go after the IS. Turkey completes its border wall with Syria. Russia says they control 90% of Syria. Putin says that the rest of the IS is in the US controlled areas.

Check Out The X22 Report Spotlight YouTube Channel X22Report Spotlight

Please check Newzsentinel.com 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 – 06.10.2018

Watch The X22 Report On Video


Economy

  •  the “e-Commerce” sector, which consists of AMZN, NFLX, GOOG, TWTR, EBAY, FB, was now up 617% since the financial crisis, making it the 3rd largest bubble of the past 40 years, and at this rate – assuming no major drop in the 6 constituent stocks – was set to become the largest bubble of all time over the next few months.

Source: zerohedge.com

 

  •  , the Federal Reserve has actually done remarkably little to reduce its balance sheet.  Nomi Prins   reminds us early on, the Fed and other central banks have expanded their balance sheets by more than $20 trillion, and despite all the chatter about withdrawing stimulus and letting its balance sheet roll off, the Fed’s balance sheet has only shrunk from $4.5 trillion to $4.3 trillion.

  • the money borrowed at rock bottom interest rates still needs to be repaid (unless you borrowed it from a European bank), the massive credit creation during the QE era could expose investors to additional credit risk as the global central bank stimulus is unwound.
  • And if we start to get problems, like credit risk that has been inflated since all the QE began would start to come to a head – defaults, delinquencies, emerging markets seeing their capital fly back out because there is just a little bit of a worry that this can’t go on forever – all of that starts to culminate into a major potential credit squeeze which, ultimately, can be the other leg of this crisis.
  • That consumers and corporations never took the opportunity to deleverage during the QE era means the underlying issues that caused the crisis haven’t been remedied. This has left the global economy more vulnerable than it was before the crisis, and as central banks truly begin retracting their support (assuming they ever do), the fractures in the system will become apparent.
  •   at some point, even cheap debt has to be repaid. And so what we’re seeing right now, I think, is the beginning of that sort of reckoning coming in. 
  • One of the most popular defenses of QE is that prices remained stable during the QE era, and the runaway inflation predicted by some detractors never came to pass.
  • But the notion that we haven’t seen inflation is misguided. There has been inflation in asset prices – and of course in tuition and health-care. If we looked at inflation differently, perhaps people wouldn’t give the Federal Reserve so much credit.
  • Again, it depends how we define inflation. There has been inflation as discussed in asset prices. There has been inflation in university costs, health care costs. There has been inflation in certain basic, let’s say, needs less than things like retail or areas that are actually deflating. if inflation was computed in such a way that it actually reflected people’s cost of living inflation and the financial markets inflation, then you probably would see stronger inflation.

Source: zerohedge.com

Why HBO’s Bill Maher Is Rooting For An Economic Collapse: “One Way You Get Rid Of Trump Is A Crashing Economy”


Geopolitical/Police State

Trump Rage-Tweets That Trudeau Lied, Refuses To Endorse Final G-7 Communique, Threatens Canada With More Tariffs

  • Having been literally ‘squeezed’ by French President Macron while in Quebec for the G-7 Meetings, President Trump has lashed out at another French-speaking leader in a late-Saturday series of rage-tweets.
  • Update: French Prime Minister Trudeau has responded to President Trump’s tweets.  Trudeau spokeswoman Chantal Gagnon issues statement by email
  • US President Donald Trump said he will not endorse the final G7 communique and will look to impose tariffs on cars, potentially signalling a worsening of relations in a brewing trade war.
  • Canadian Prime Minister Justin Trudeau earlier said his country would move ahead with retaliatory measures against the recently imposed US tariffs on allies’ steel and aluminum exports. He said the new tariffs on Canada were “insulting” and said he told Trump directly that Canadians “particularly did not take lightly the fact that it’s based on a national security reason” and held firm to the government’s threat of retaliation.
  • “Canadians are polite, we’re reasonable, but we also will not be pushed around.”

  • Trump seemed particularly angered by Trudeau’s apparent two-faced comments, tweeting:
  • PM Justin Trudeau of Canada acted so meek and mild during our @G7 meetings only to give a news conference after I left saying that, ‘US Tariffs were kind of insulting’ and he ‘will not be pushed around’ Very dishonest & weak. Our Tariffs are in response to his of 270 per cent on dairy!” Trump posted in another tweet.

G7 Communique: Demands To Russia Over Conflicts In Syria And Ukraine

  • A communique released following the G7 summit, which was released on June 7-8 in Canada, included a few interesting points about Russia as well as conflicts in Syria and Ukraine.
  • The communique was signed by Canadian Prime Minister Justin Trudeau, French President Emmanuel Macron, German Chancellor Angela Merkel, Italian Prime Minister Giuseppe Conte, Japanese Prime Minister Shinzō Abe and British Prime Minister Theresa May.
  • US President Donald Trump withdrew his signature from the communique at the very last moment accusing Trudeau of being “dishonest and weak”.
  • So, what does the G7 minus Trump want from Russia and the participants of the conflict in Syria to build “a more peaceful and secure world“?

“…

13. We urge Russia to cease its destabilizing behaviour to undermine democratic systems and its support of the Syrian regime. We condemn the attack using a military-grade nerve agent in Salisbury, United Kingdom. We share and agree with the United Kingdom’s assessment that it is highly likely that the Russian Federation was responsible for the attack, and that there is no plausible alternative explanation. We urge Russia to live up to its international obligations, as well as its responsibilities as a permanent member of the UN Security Council, to uphold international peace and security. Notwithstanding, we will continue to engage with Russia on addressing regional crises and global challenges, where it is in our interests. We reiterate our condemnation of the illegal annexation of Crimea and reaffirm our enduring support for Ukrainian sovereignty, independence and territorial integrity within its internationally-recognized borders. We maintain our commitment to assisting Ukraine in implementing its ambitious and necessary reform agenda. We recall that the continuation of sanctions is clearly linked to Russia’s failure to demonstrate complete implementation of its commitments in the Minsk Agreements and respect for Ukraine’s sovereignty and we fully support the efforts within the Normandy Format and of the Organization for Security and Cooperation in Europe for a solution to the conflict in Eastern Ukraine.

14. We strongly condemn the murderous brutality of Daesh and its oppression of civilian populations under its control. As an international community, we remain committed to the eradication of Daesh and its hateful ideology. In Syria, we also condemn the repeated and morally reprehensible use of chemical weapons by the Syrian regime and by Daesh. We call on the supporters of the regime to ensure compliance with its obligation to declare and dismantle remaining chemical weapons. We deplore the fact that Syria assumed the presidency of the Conference on Disarmament in May, given its consistent and flagrant disregard of international non-proliferation norms and agreements. We reaffirm our collective commitment to the Chemical Weapons Convention and call on all states to support the upcoming Organisation for the Prohibition of Chemical Weapons (OPCW) Special Conference of States Parties and to work together to strengthen the ability of the OPCW to promote the implementation of the Convention. We call upon those who have yet to do so to join the International Partnership Against Impunity for the Use of Chemical Weapons. We call for credible, inclusive and non-sectarian governance in Syria, facilitated by free and fair elections held to the highest international standards of transparency and accountability, with all Syrians, including members of the diaspora, eligible to participate.

…”

  • It appears that the communique has just repeated all narratives of the mainstream propaganda.

Source :southfront.org

  • US President Donald Trump has called for the rejoining of Russia to a leading group of industrialized nations prior to his visit to the upcoming G7 summit.
  •  
  • “This used to be the G8 because Russia was in it, and now Russia’s not in it,” he said outside the White House.

“Why are we having a meeting without Russia? I would recommend, and it is up to them, but Russia should be at the meeting,” Trump noted. “They should let Russia come back in because we should have Russia at the negotiating table.”

  • Back in 2014, six western powers – the US, Britain, Canada, France, Germany, Italy – plus Japan decided to suspend Moscow from the G8 forum over the country’s alleged role in the Ukrainian conflict, especially Crimea’s reunification with Russia.

Source: presstv.ir


War

Poroshenko’s phone call indicates interest in resolving crisis – Putin

  • The Russian president added that he and his Ukrainian counterpart had discussed the exchange of detainees
  •   The telephone call initiated by Ukrainian President Pyotr Poroshenko on Saturday points to Kiev’s interest in resolving the situation in the country, Russian President Vladimir Putin said at a press conference at the end of his visit to China.
  • “Since the call was initiated by Ukraine, I think it indicates their interest in resolving the issue. At least, I very much hope that it is so,” Putin said.
  • The Russian president added that he and his Ukrainian counterpart had discussed the exchange of detainees and the case of Russian journalist Kirill Vyshinsky arrested in Kiev.
Source: tass.com

US Promises to Intensify Attacks on ISIS in Afghanistan

  • Ceasefire with Taliban will change focus of US forces

Source: news.antiwar.com

Ballots from Iraqi election on fire in Baghdad amid recount campaign – reports

  • A fire broke out on Sunday at a warehouse in Baghdad, where ballots from the recent Iraqi parliamentary elections are stored, amid a nationwide campaign to recount the results of the vote, local Al Sumaria TV channel reported citing municipal authorities of the Iraqi capital.
  • According to the mayor’s office, the boxes with the ballots from Baghdad’s Rusafa district burned out.
  • The Iraqi Independent High Elections Commission rented the site from the Iraqi Trade Ministry. The security at the building has been stepped up,

Source:  .almasdarnews.com

Turkey completes construction of massive border wall

  • Turkey completed construction on the massive wall they built along the Syrian border, Turkish officials announced on Saturday.
  • According to the Turkish officials, the new wall is stretches an estimated 764 kilometers (475 miles) along the Syrian-Turkish border.
  • Since Syria and Turkey share a 911 km border, this wall will completely seal off the provinces of Gaziantep, Kilis, Hatay, Mardin, Sirnak, and Sanliurfa.

Source: almasdarnews.com

Putin says Syrian government controls 90 percent of Syria (video)

Source: almasdarnews.com

Russia: Remaining ISIS Terrorists Are Active In Syria’s US Controlled Areas

  • The last pockets of the ISIS terrorist group in Syria  are still present and perpetrating acts of terror only in areas controlled by US military forces.
  • Meanwhile those areas liberated by Syrian government forces areas are slowly recovering after the terrorists’ defeat, according to the Russian Defense Minister

Source: yournewswire.com