Tag Archives: Iceland

Central Banks {TPTB} Are Terrified: Nullifying Their Quantitative Enslavement Experiment

Karl Marx Was Rothschild's Employee Who Was Hired To Create A Social Doctrine To Centralize A Nation State's Wealth Into The BOE aka; Bank Of England.

Karl Marx Was Rothschild’s Employee Who Was Hired To Create A Social Doctrine To Centralize A Nation State’s Wealth Into The BOE aka; Bank Of England. John Maynard Keynes Was Rothschild’s Continuum.

A quick question for the “recovery” enthusiasts…

If the recovery is real and as strong as the[ir] “data” suggests… why are [their] Central Banks engaged in the most aggressive stimulus in history?

Consider Europe:

According to the official data, the EU’s Services and Manufacturing PMI’s were 53.1 and 51.8 in August. Both were significantly above 50 (which represents contraction)…

Moreover, the EU’s inflation rate has risen over 0.4% in four months, rising from -0.2% in April to 0.2% today.

And yet, despite this data, the ECB continues to hold interest rates at -0.4% while also spending €80 billion per month in QE (the equivalent of $90 billion). At this pace, the ECB will spend nearly €1 TRILLION IN QE PER YEAR.

Put another way, the ECB is engaged in the most aggressive monetary policy in its history (even more aggressive than at the heart of the 2012 EU banking crisis) at a time when the EU economy, according to official data, is well above contraction.

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Developed Market DEBT Bond Yields Crash To Record Lows ~ Monday June 27, 2016: Brexit Was Only The Symptom… Debt Was The Diagnosis

 ~ How Did You Learn Our Language?

I Listened ~

Obscure Language becomes clearer and clearer in 13th. Warrior.

evelyn rothschild koolaid 2

Rothschild’s  Kool-Aid Rothschild’s Choice

In the last year, developed market bond yields have been cut in half with the last 2 days seeing a safe-haven flight that crashed yields to a new record low.

With UK Gilts 10Y under 1% for the first time, Bunds crashing to record lows, Treasuries back below 1.50%, and JGBs smashed -22bps.

With peripheral bond risk spiking and default risk surging, amid ratings downgrades, as Bloomberg’s Mark Cudmore notes, “gilts may prove worthy of their name, offering a superficial coating of reward that masks significant threat.”

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U.S. Jobs Growth A Horrible Miss, Worst in Five Years: May Jobs Report Takes June Rate Hike Off The Table

Janet Yellen For The Birds

June 3, 2016

All the FED’s horses and all the FED’s men couldn’t put this fiat bubble back together again!

Unfortunate as it is, it has become a common theme for me to write about the slow death of the Western economy. Sadly, the truth cannot and should not be ignored; rather, it should be acknowledged so that we can hopefully divert this disaster or at least prepare for its coming.

Recently the FED has been up to its old tricks once again, jawboning and pandering to Wall Street as they state all is well in the economy and that things are improving. What malarkey!

Once again, this has been proven to be false, as evidenced in the most recent jobs report, which was a monumental miss.

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Revolt Of The Debt Slaves: When The Herd Turns

Debt Slave

If we could just get consumers to borrow more, so that they spend money they don’t have on things they don’t need, in order to boost GDP and corporate profits, all would be fine.

That’s the current meme among [keynesian] economists.

Since 68.5% of US GDP is related to personal consumption expenditures, boosting consumer spending is seen as crucial. Since wages at the lower 75% are crummy and have not been rising enough to keep up with inflation, the only other way to prod consumers into spending more is to bamboozle them into borrowing more and blowing this moolah instantly.

Cutting interest rates to zero was supposed to have helped that noble process (though consumers see those zero-rates inexplicably only on their savings and not on their debts).

So that process of growing GDP by loading up consumers with debt, which worked for decades, has stalled:

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Another Bankster Bites The Dust: Ireland Indicts And Extradites Elite Bankster From United States For Role In The 2008 Derivative Financial Crisis

Ireland World Map

Ireland World Map

Boston, MA — A former head of a major Irish bank has been extradited from the U.S. and brought before Dublin District Court to face several charges stemming from the bank’s role in the 2008 financial crisis.

David Drumm, former chief executive of Irish Anglo Bank from 2005 until 2008, had been arrested in Boston in October 2015, and originally attempted to fight extradition — but he recently withdrew the objection and was returned to Ireland early on Monday.

Drumm faces 33 charges in Ireland, which echoes Iceland’s unprecedented move to hold its bankers criminally accountable for their role in that country’s economic meltdown.

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Everything Is Awesome Right Before The Entire Economy Collapses: No Problem For Iceland As They Jailed The Bankers & Nullified The Debt.

pied piper

It is impossible to understand the world today without knowing what the ESF is and what it has been doing. Officially in charge of defending the dollar, the ESF is the government agency which controls the New York Fed, runs the CIA’s black budget, and is the architect of the world’s monetary system (IMF, World Bank, etc).

ESF financing (through the OSS and then the CIA) built up the worldwide propaganda network which has so badly distorted history today (including erasing awareness of its existence from popular consciousness). It has been directly involved in virtually every major US fraud/scandal since its creation in 1934.

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