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Tag Archives: g20
Here Comes The Red Swan And Other Reasons To Be Very Afraid
Here Comes The Red Swan And Other Reasons To Be Very Afraid The Red Chip casino took another one of its patented 6.5% belly flops last night. In fact, more than 1,300 stocks in Shanghai and Shenzhen fell by 10%—the maximum drop permitted by regulators in one day—–implying that the real decline was far deeper. This renewed carnage was the […]
World Trade Collapses Most Since Crisis
World Trade Collapses Most Since Crisis One question now dominates the global macro discussion: has subdued global growth and trade become the norm in the post-crisis world? That is, have lackluster growth and trade become structural and endemic rather than transient and cyclical? Those are the burning questions that keep central bankers (not to mention […]
G20 Countries Must Improve Credibility of Their Paris Climate Pledges, Report Warns
G20 Countries Must Improve Credibility of Their Paris Climate Pledges, Report Warns The credibility of countries’ climate pledges agreed in Paris in December particularly those of the G20 nations must be strengthened, warns a new report out today. While much attention has been given to scrutinising the level of ambition of each country’s intended nationally determined contribution […]
What are Human Rights? Do They Include Property & Class?
What are Human Rights? Do They Include Property & Class? The real definition of a human right is a right that is believed to belong justifiably to every person. The United Nations defines Human Rights as: Human rights are rights inherent to all human beings, whatever our nationality, place of residence, sex, national or ethnic origin, colour, religion, language, […]
A Crisis Worse than ISIS? Bail-Ins Begin
A Crisis Worse than ISIS? Bail-Ins Begin While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the US. Poverty also kills. At the […]
Australia Cannibalizing its own Economy
Australia Cannibalizing its own Economy The Australian Tax Office (ATO) has applied to access to everything to hunt for money. They want access to phone calls, emails, posts, and SMS text messages. We have verified this with several sources. Like Rome, Australia is cannibalizing its own economy. They will succeed in destroying Western civilization and when […]
Putin: ISIS financed from 40 countries, including G20 members
Putin: ISIS financed from 40 countries, including G20 members © Alexei Druzhinin / AFP 69.7K5.5K President Vladimir Putin says he’s shared Russian intelligence data on Islamic State financing with his G20 colleagues: the terrorists appear to be financed from 40 countries, including some G20 member states. TrendsIslamic State, Russian anti-terror op in Syria During the […]
It is Time to Knock off the Bullshit About Surveillance for Terrorism
It is Time to Knock off the Bullshit About Surveillance for Terrorism The worldwide collection of phone calls, emails, text messages and our total loss of privacy is all about taxes – NOT terrorism. With all this power and the demand that encryption be outlawed, not any of this surveillance has stopped one terrorist act. […]
Don’t Forget China’s “Other” Spinning Plate: Trillions In Hidden Bad Debt
Don’t Forget China’s “Other” Spinning Plate: Trillions In Hidden Bad Debt To be sure, there’s every reason to devote nearly incessant media coverage to China’s bursting stock market bubble and currency devaluation. The collapse of the margin fueled equity mania is truly a sight to behold and it’s made all the more entertaining (and tragic) […]
China’s Central Bank Chief Admits “The Bubble Has Burst”
China’s Central Bank Chief Admits “The Bubble Has Burst” In a stunningly honest admission from a member of the elite, Zhou Xiaochuan, governor of China’s central bank, exclaimed multiple times this week to his G-20 colleagues that a bubble in his country had “burst.”While this will come as no surprise to any rational-minded onlooker, the fact […]
Debt As Wealth; The Caution of Unfit Past Experience
Debt As Wealth; The Caution of Unfit Past Experience With the G-20 recoiling itself back into the same kinds of mistakes made in the 1960’s, leading directly to the Great Inflation, we will have to take into account the other end of that, namely other forms of “stimulus.” With the global economy sinking, and worries about […]
Here’s a $9 Trillion Question
Here’s a $9 Trillion Question (Bloomberg) — When Group of 20 finance ministers this week urged the Federal Reserve to “minimize negative spillovers” from potential interest-rate increases, they omitted a key figure: $9 trillion. That’s the amount owed in dollars by non-bank borrowers outside the U.S., up 50 percent since the financial crisis, according to […]
The Destruction of the Middle Class is Nearing the Final Stages | project chesapeake
The Destruction of the Middle Class is Nearing the Final Stages | project chesapeake. The events of the past few months seem astounding when taken in all at once. The plan to destroy the U.S. dollar and the American middle class is moving at an ever increasing speed. At the recent G20 meeting the nations […]
Are We Reliving The 1930s?
Are We Reliving The 1930s?. At the close of last week’s G20 Summit, U.K. Prime Minister David Cameron warned that we’re on the verge of another global recession, citing problems like looming deflation, falling prices, and rising protectionist sentiment. This list evokes a sense of déjà vu: not about the Great Recession, but the GreatDepression. That […]
New G20 Rules: Cyprus-style Bail-ins to Hit Depositors AND Pensioners | WEB OF DEBT BLOG
New G20 Rules: Cyprus-style Bail-ins to Hit Depositors AND Pensioners | WEB OF DEBT BLOG. On the weekend of November 16th, the G20 leaders whisked into Brisbane, posed for their photo ops, approved some proposals, made a show of roundly disapproving of Russian President Vladimir Putin, and whisked out again. It was all so fast, […]