from SGT Report.com:
Harley Schlanger the national spokesman forLarouchePAC joins me to discuss the very latest global news. We begin with the assassination of Boris Nemtsov and who is likely behind it as the Western banking powers lead the world closer and closer to WW3. Harley and I discuss the collapse of the EU and the fraud that is the Greece debt bomb. Harley reminds us of the need […]
Only mass default will end the world’s addiction to debt
As global debt rises off the scale, creditors stand to take a huge hit in a threatened tsunami of defaults
In a valedictory speech at the weekend of characteristically Latin American duration – a mind-numbing three hours – the Argentine president, Cristina Fernandez de Kirchner, claimed that her country was the only one in the world to have reduced its […]
Published on Mar 3, 2015
The U.S. spends more on its military than the next eight countries with the highest military budgets behind it on the list, combined. That includes China.CCTV’s Jim Spellman filed this report from Washington.
By Michael Snyder
The Chinese do not plan to live in a world dominated by the U.S. dollar for much longer. Chinese leaders have been calling for the U.S. dollar to be replaced as the primary global reserve currency for a long time, but up until now they have never been very specific about what they would put in place of it. Many have assumed that the Chinese simply […]
by Precious Metals Market Update
The first two months of 2015 have seen turmoil in the currency markets extend from Russia and Ukraine to the heart of Europe.
“Central Banks Now Open 24/7 Fighting Currency Wars and Deflation,” blared a February 12th Bloomberg headline. Against this backdrop, precious metals have been on the rise in terms of all currencies except the Swiss franc and the U.S dollar.
In January, the […]
by James Quinn
These two charts tell you all you need to know about how disconnected Wall Street is from reality. Corporate profits are tanking. Consumer spending is tanking. Inflation in the things you need to live your everyday life is rising. Real median household income lingers at levels from 25 years ago. Greece, Portugal, Italy, Spain and Ireland are more insolvent than they were three years ago. The EU […]
- From “Spocking” in Canada to overtly political imagery in Greece, paper currency is growing in popularity – Outpouring of affection for Leonard Nimoy has inspired the phenomenon of “Spocking” in Canada – Greek artist Stefanos alters euro notes to make deliver political message – Defacing notes is illegal and a criminal offence in Canada, the EU, U.S. and most countries – Disgruntled citizens defaming already debasing currencies […]
#India just cut interest rates. In #CurrencyWars, not a day goes by without a shot being fired. Here’s your resource: http://t.co/cbfyPJzpW9
— Jim Rickards (@JamesGRickards) March 4, 2015
India Central Bank Cuts Interest Rate “Pre-Emptively” For Second Time In 2 Months
In a surprise move, the RBI just cut its main interest rates for the second time in two months, taking it from 6.75% to 6.50%, in what the […]
Rob Kirby of KirbyAnalytics.com thinks all the current world problems come down to just one thing. Kirby says, “It all boils back to the money. And it all boils back to the notion we don’t have honest money because when you have honest money, these excesses don’t occur. Things cleanse themselves, and that is the virtue and the merit of the old relic, the gold standard, because it is […]
by Sword At-The-Ready
White House confirms that Obama is investigating using ‘Executive actions’ to raise hundreds of billions in new taxes, bypassing Congress. At the same time the IRS defends Obama’s decree to give illegals immediate tax refunds when they file for a Social Security number.
Obama has asserted he is king, Arbiter of what is law and Maker of Law, by decree (Executive Actions/Memoranda). We are being ruled by a Dictator […]
Mac Slavo March 3rd, 2015 SHTFplan.com
When it comes to an EMP attack, the question remains “when” not “if” the SHTF. Few other scenarios hold as much potential for disaster and disruption to the lives of everyone in society. At a moment’s notice, 300 million Americans could be made instantly desperate – and even likely to die in the aftermath. A single event could easily be enough to take […]
by WashingtonsBlog Global Debt Is Almost 3 Times As Big As the World Economy
The Guardian reports that global debt has grown by $57 trillion dollars – to $199 trillion dollars – since the 2008 financial crisis.
How much is that? It’s a big number … but what does it actually mean?
The Guardian notes that global debt is now more than twice the size of the entire global economy:
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 […]
Here is the list????of @GOP Traitors in the House who voted to fund????illegal Amnesty? #wakeupamerica @Goatee_73 #PJNET pic.twitter.com/2pMhZvFufp
— Feisty??Floridian (@peddoc63) March 4, 2015
President Obama expects to use his veto pen more now that Republicans control Congress. Voters don’t like the sound of that. By 54-30 percent, they say it would be a “bad thing” for the country, according to the latest Fox News poll.
Perhaps it’s no big surprise Democrats say more Obama vetoes would be good for the country by a 33 percentage-point margin (57 percent good vs. 24 percent bad), […]
The Obama administration’s Operation Choke Point program targets gun and ammunition dealers and tries to make life “miserable” for businesses that it doesn’t like, a payment processor told a Choke Point victim in jarring new audio.
Operation Choke Point is a program by which the Department of Justice works with other administration agencies, including the Consumer Financial Protection Bureau, to force banks to shut down accounts of businesses that it […]
China lowers growth target to about 7%
BEIJING — China lowered its economic growth forecast to about 7% this year at the opening of the country’s biggest political event of the year, ushering in what leaders have dubbed a “new normal” of slower growth in the world’s second largest economy.
Premier Li Keqiang’s speech on the economy opened the National People’s Congress, China’s annual legislative session. Last year’s goal […]
Chart: The euro hits new lows not seen since 2003 – pic.twitter.com/szi5NHCAML
— SoberLook.com (@SoberLook) March 4, 2015
Eric Holder Announced Shocking Details in Regards to the DOJ Investigation Into the Ferguson Police Department. More: http://www.breaking911.com/now-eric-h…
A catastrophic explosion at the Zasyadko mine in Donetsk has left at least 24 dead, while 9 others are still missing, according to the regional administration.
“We can confirm 23 bodies have been found. They are being recovered from the mine. Nine other are still missing,” regional emergency services told RIA Novosti. One more dead miner was found earlier in the morning, which brings the total death toll to […]
The Prince George’s County Police Department is investigating a suspect now in custody in connection with a shooting spree in Maryland. No one was seriously injured in any of the four cases linked through ballistics today by PGPD firearms examiners.
Six NATO warships arrived in the Black Sea on Wednesday to take part in exercises with the Bulgarian, Romanian and Turkish navies, the Alliance’s Maritime Command (MARCOM) said in a statement.
The six vessels in the exercises are assigned to Standing NATO Maritime Group Two (SNMG2), which is headed by US Rear Admiral Brad Williamson.
SNMG2 currently consists of flagship US cruiser guided missile, the USS Vicksburg, as well […]
MOSCOW, March 4. /TASS/. Head of the Russian Security Service Alexander Bortnikov has announced that there are suspects in the investigation into the murder of prominent Russian opposition figure Boris Nemtsov. “There are always some,” he said in reply to reporters’ questions.