Currency Wars & Economic Crisis: China Cuts Interest Rates, 2nd Time In Four Months, Reflects Both Internal Conditions & Reaction to Others. 17 Central Banks Slash Rates—And The Year Is Only Getting Started

And then there were 21.

Hours ago on Saturday, the country whose currency is largely pegged to the dollar which itself is now anticipating a rate hike in the coming months, surprised the world by confirming its economic slowdown yet again following a recent rate cut just this past November when it lowered its benchmark rate by 40 bps, after it again cut benchmark lending and deposit rates by 25 […]

ZIRP -> NIRP -> DERP: Central banks with negative rates spur question of how low to go… “everyone thought the market would drop”… and then the central banks unleased the greatest market intervention ever…

How Much Will You Pay to Park Cash as Central Banks Go Negative?

(Bloomberg) — Central banks are stooping to new lows to conquer weak inflation.

The monetary guardians of the euro area, Switzerland, Sweden and Denmark are now imposing negative interest rates on bank deposits or on funding operations that feed through to the real economy. Analysts at Commonwealth Bank of Australia reckon almost a quarter of worldwide […]

Let’s say you had a lot of gold. And let’s say you print yuan. Next you link yuan to gold. Now, who wants dollars?

Let’s say you had a lot of #gold. And let’s say you print yuan. Next you link yuan to gold. Now, who wants dollars? http://t.co/jSqH99FlQM

— Jim Rickards (@JamesGRickards) February 28, 2015

China plans yuan-denominated gold fix this year -sources

SINGAPORE, Feb 27 (Reuters) – China plans to launch a yuan-denominated gold fix this year to be set through trading on an exchange, sources familiar with the matter said, as […]

Our politicians make a hash of it because they’re bought, not because they’re braindead

BY JOHN WARD

From Athens to Washington via Berlin, Paris and London, we are getting the wrong policies for us, because they’re not designed to be for us in the first place

Herewith a very small proportion of some major political cockups of recent vintage:

The EU ‘annexed’ former Soviet satellites in central and eastern Europe without giving a thought to what the effect might be in terms of cheaper […]

OBAMA killed the pipeline, seized the Internet & cut off your ammo in just ONE WEEK!

Obama vetoes Keystone XL bill | TheHill

President Obama on Tuesday vetoed legislation authorizing construction of the Keystone XL oil pipeline, rebuffing the new Republican-led Congress amid a furious battle over Homeland Security funding.

The veto — just the third of Obama’s presidency and his first of major legislation — was made in private and without fanfare, reflecting tensions in the Democratic Party over whether the controversial pipeline should […]

The Coming Global Economic Reset: What is it? How will it affect you? What can you do to prepare? Watch.

It’s inevitable. Forces at work assure the coming economic reset. What is it? How will it affect you? What can you do to prepare? Will it break, or will it make you? It’s time to answer these questions for yourself and people you love. This video is a great place to start. One of many solutions is Karatbars, a sound money alternative to the doomed US Dollar. Do your […]

Hundreds of DOJ Attorneys Violated Professional Rules, Laws & Ethical Standards. The Admin Won’t Name Offenders.

An internal affairs office at the Justice Department has found that, over the last decade, hundreds of federal prosecutors and other Justice employees violated rules, laws, or ethical standards governing their work.

The violations include instances in which attorneys who have a duty to uphold justice have, according to the internal affairs office, misled courts, withheld evidence that could have helped defendants, abused prosecutorial and investigative power, and violated constitutional […]

Hillary pressed Russian govt to buy dozens of aircraft from Boeing which then donated $$ to Wm J Clinton Foundation.

Major Hillary accomplishment: Selling Boeing jets to Russia by Ed Morrissey

 

Over the last few weeks, we’ve noted the bemusement of Hillary Clinton supporters when asked to name a major accomplishment of the presumed Democratic frontrunner for the 2016 presidential nomination. Yesterday, the Washington Post managed to succeed where most analysts failed. The former Secretary of State turned out to be very good at selling Boeing jets — and […]

The World Is About To Enter A Period Of Immense Financial Destruction And Social Disorder. Get Prepared Now

Today a 40-year market veteran sent King World News an incredibly important piece that warns the world is about to enter a period of immense financial destruction and social disorder.  This piece exclusively for KWN also discusses why the financial destruction and social disorder will engulf the entire world.

By Robert Fitzwilson of The Portola Group

February 23 (King World News) – After much speculation, we now know the outcome of the negotiations […]

Our education system, corporations, money, the American capitalist system, the US government, world collapse.

Exposing the truth about our corrupt world and what humanity has become.

My name is Spencer Cathcart and this is a short documentary film I made questioning our freedom, the education system, corporations, money, the American capitalist system, the US government, world collapse, the environment, climate change, genetically modified food, and our treatment of animals.

Can you spot the direction of the trend?

Can you spot the direction of the trend? pic.twitter.com/75Gq9cAENp

— David Schawel (@DavidSchawel) March 1, 2015

Rats remember who’s nice to them and repay favors – study

Humans have long used the behavior of rats to personify the worst qualities in their fellow man. When it comes to acts of kindness, however, it turns out the much maligned creature is willing to repay favors to its fellow rodents.

The study, published this week in the journal Biology Letters, was set up to observe an ever elusive concept in the animal kingdom – the principle of direct reciprocity.

[…]

USA to Allow Private US Military Companies to Arm and Fight in Ukraine

USA is going to delegate the supply of Ukraine with lethal armaments to private military companies

Group of hackers CyberBerkut found out that the USA is going to delegate the supply of Ukraine with lethal armaments to private military companies. The information in this regard appeared on the website of the organization on Friday, February 27.

This became known from one of the documents stored of the electronic device of […]

Greece Threatens to Release Half a Million Illegal Immigrants Into Europe

Greek Deputy Minister of the Interior, Giannis Panousis, has threatened the release of 300,000 to 500,000 illegal immigrants into other European countries.

Greece needs to be financially accommodated for the refugees more than other EU countries, Panousis said, according to the German news magazine Focus. “Otherwise we will give 300,000 immigrants travel documents and cause a tidal wave over Europe.”

On Greek television, Panousis said about half a million refugees […]

GESTAPO TACTICS IN USA: 4 More Victims Come Forward From Chicongo Secret Prison, Man Tortured Over Weed

(ANTIMEDIA) Chicago, IL — Four more victims of incarceration at Chicago’s Guantanamo Bay style secret detention/torture center, known as Homan Square, have come out and spoken to The Guardian about their experience being essentially treated like cattle. They are four black males, Brock Terry, Kory Wright, Deandre Hutcherson and David Smith.

Three of them were held in 2006, and one in 2011.

They were kicked in the genitals while helpless and […]

Venezuela to sanction U.S officials, limit diplomatic personnel, require visas for Americans

CARACAS, Feb. 28 (Xinhua) — Venezuelan President Nicolas Maduro announced Saturday that his government will deny visas to a number of United States officials whom he called “terrorists”, including former president George W. Bush and senators Marco Rubio and Bob Menendez.

Speaking at an anti U.S. rally, Maduro said these measures were taken to ease the “imperialist aggression” coming from Washington which has increased in the last few weeks.

http://news.xinhuanet.com/english/2015-03/01/c_134027128.htm

[…]