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Norway Warns Sweden Will Collapse, PM Will Defy Geneva Convention To Protect Border
Norway Warns Sweden Will Collapse, PM Will Defy Geneva Convention To Protect Border As you might have heard, Sweden has a refugee problem. We’ve spent quite a bit of time documenting the country’s trials and travails over the course of the last 12 months during which time Sweden has taken on more than 160,000 asylum seekers. […]
Europe’s Circular-Economy Opportunity
EUROPE’S CIRCULAR-ECONOMY OPPORTUNITY A circular economy is an alternative to a traditional linear economy that uses the model of make, use, dispose of in which we keep resources in use for as long as possible, extract the maximum value from them while in use, then recover and regenerate products and materials at the end of […]
Greek Attempt To Force Use Of Electronic Money Instead Of Physical Cash Fails
Greek Attempt To Force Use Of Electronic Money Instead Of Physical Cash Fails While the “developed world” is only now starting its aggressive push to slowly at first, then very fast ban the use of physical cash as the key gating factor to the global adoption of NIRP (by first eliminating high-denomination bills because they […]
Latest Version of Monopoly is Called “Ultimate Banking” and is Completely Cashless
Latest Version of Monopoly is Called “Ultimate Banking” and is Completely Cashless The war on cash has been in the works for a very, very long time, but the propaganda campaign to convince an always gullible public to accept the scheme seems to have been hatched in earnest late last spring. For example, here are a […]
World outside US and Canada doesn’t produce more crude oil than in 2005
World outside US and Canada doesn’t produce more crude oil than in 2005 After a delay of several months the US Energy Information Administration has published the latest international energy statistics for October 2015 This is an opportunity to update crude oil graphs http://crudeoilpeak.info/latest-graphs Fig 1: World’s incremental crude oil production How Fig 1 is created: for […]
“We Are In A New Cold War”: Russia PM Delivers Stark Warning To NATO
“We Are In A New Cold War”: Russia PM Delivers Stark Warning To NATO It was just two days ago when Russian PM Dmitry Medvedev warned that if Saudi Arabia, the UAE, and Qatar invade Syria in a transparent attempt to shore up their Sunni proxy armies currently under siege by Moscow’s warplanes and Hezbollah, a “new […]
Here Come the Money Helicopters!
Here Come the Money Helicopters! The Negative Wealth Effect Since the start of the year, the Dow is down about 7%. But certain stock market sectors have undergone a much harder pruning. First, energy… then the tech… and now banks. Shares in too-big-to-fail bank Citigroup are down almost 28% so far this year. And shares in Europe’s […]
Something Very Disturbing Spotted In A Morgan Stanley Presentation Slide
Something Very Disturbing Spotted In A Morgan Stanley Presentation Slide With central bankers losing credibility left and right, and failing outright to boost the “wealth effect” no matter what they throw at it, the next big question is when will central planners around the world unveil the cashless society which is a necessary and sufficient […]
Negative Interest Rates Destroying World Economy: “Doom-and-Gloom Outlook for Banks in Europe”
Negative Interest Rates Destroying World Economy: “Doom-and-Gloom Outlook for Banks in Europe” Trying to simply hold onto the standard that you’ve got has become a new normal for financial challenges. Equity erodes away when interest rates go negative… then everything starts to sour. China’s economy and stock market are effectively in the toilet, or poised […]
Day Of Reckoning: The Collapse Of The Too Big To Fail Banks In Europe Is Here
Day Of Reckoning: The Collapse Of The Too Big To Fail Banks In Europe Is Here There is so much chaos going on that I don’t even know where to start. For a very long time I have been warning my readers that a major banking collapse was coming to Europe, and now it is […]
Why a selloff in European banks is ominous
Why a selloff in European banks is ominous Europe’s bank index has posted its longest weekly string of losses since 2008 Everett Collection Dark clouds are gathering around Europe’s banking sector. European banks have been caught in a perfect storm of market turmoil, lately. Lackluster profits and negative interest rates, have prompted investors to dump shares […]
Energy Landscapes: An Aerial View Of Europe’s Carbon Footprint
Energy Landscapes: An Aerial View Of Europe’s Carbon Footprint PHOTOS BY ALEX MACLEAN ABOUT THE PHOTOGRAPHER Alex MacLean is known for his aerial photographs documenting changes in the landscape brought about by human intervention and natural processes. MacLean is the author of 11 books and his work has been exhibited widely. Journalist Daniel Grossman worked with MacLean on this […]
Meanwhile In Greece, Familiar Scenes Are Back: General Strike, Molotov Cocktails, Tear Gas
Meanwhile In Greece, Familiar Scenes Are Back: General Strike, Molotov Cocktails, Tear Gas Greece was fixed for a few months, when the so-called “anti-austerity” government of PM Tsipras which came to power just over a year ago did what each on its predecessors did by kicking the can and trading off what little sovereignty Greece […]
What Happens to Cash When Governments Go Electronic?
What Happens to Cash When Governments Go Electronic? QUESTION: Mr. Armstrong; What happens to paper money when the government moves electronic? Is it just cancelled? Does cash then become worthless? Thanks RD ANSWER: It appears that electronic currency will arrive first in Europe. The cash will be demonetized so yes, it becomes worthless. However, they will most […]
“Sweden Could Be At War Within A Few Years”, Top General Warns
“Sweden Could Be At War Within A Few Years”, Top General Warns On Monday we brought you the latest from the main train station in Stockholm, where “gangs” of Moroccan migrant children have “taken over” the terminal. If you believe The Daily Mail, dozens of children, ages nine to 18, are dug in at the station where […]
