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Is George Soros Behind This Plot to Topple Trump?

Is George Soros Behind This Plot to Topple Trump?

Is George Soros Behind This Plot to Topple Trump?

The Establishment is setting up Donald Trump.

The mainstream media hates him. Hollywood hates him. The “Intellectual Yet Idiot” academia class hates him.

Most critically, the CIA hates him. So does the rest of the Deep State, or the permanently entrenched “national security” bureaucracy. They did everything possible to stop Trump from taking office. None of it worked.

I think the CIA hates Trump for a very simple reason: he’s threatening to take away their livelihood.

Trump wants to make nice with Putin and the Russians. But countering the so-called “Russian threat” is how many thousands of Deep State bureaucrats make a living.

These people feed off the trough of the $1 trillion-plus military/security budget. Playing nice with the Russians would kill their jobs—and end their way of life.

Trump has said:

We will pursue a new foreign policy that finally learns from the mistakes of the past. We will stop looking to topple regimes and overthrow governments.

Toppling regimes is the CIA’s bread and butter. No wonder they hate him.

Of course, the feeling is mutual. Trump has used plenty of sharp words to describe the “intelligence community.” He’s reportedly aiming to fundamentally restructure the CIA.

John F. Kennedy’s Battle with the CIA

Donald Trump is the first president since John F. Kennedy to openly take on the CIA.

After being suckered into the Bay of Pigs disaster in Cuba, JFK said he wanted “to splinter the CIA into a thousand pieces and scatter it into the winds.”

Kennedy fired CIA Director Allen Dulles. But that was about as far as he got.

JFK, of course, failed to break the Deep State’s grasp on power. In an ironic twist, Allen Dulles would later be appointed to the Warren Commission to investigate Kennedy’s assassination.

…click on the above link to read the rest of the article…

Food Crisis—The Greatest Threat to Social Stability

Food Crisis—The Greatest Threat to Social Stability

Food Crisis—The Greatest Threat to Social Stability

 

Recently, I was in a pharmacy and overheard the pharmacist say to someone, “There’s so much unpleasantness on the news these days, I’ve stopped watching.” The pharmacist has my sympathy. I’d love to be able to ignore the deterioration of the First World. It is, at turns, tedious, depressing, disturbing, and infuriating.

Unfortunately, we’re now passing through what, before it’s over, will be the most life-altering period in our lifetimes. As much as we’d like to behave like ostriches right now, we’d better keep our heads out of the sand and be as honest with ourselves as we can if we’re going to lessen the impact that these events will have on us.

I cannot emphasize too strongly the importance of a possible shortage of food. History is filled with examples of cultures that would endure most anything and still behave responsibly… but nothing causes greater, more unpredictable, or more violent behaviour in a people than a lack of food.

Interesting to note that whenever I converse with people on the finer points of the Great Unraveling, when I mention the words “famine” or “food riots,” even those who are otherwise quite comfortable discussing the subject tend to want to discount the possibility that these will be aspects of the troubles that are headed our way. For this very reason, I believe that we should shine a light on this eventuality.

The Present State of the Industry

In America, the food industry is not in good shape. Normally, the food industry relies on a low-profit/high-volume basis, leaving little room for error. Add to this fact that many business owners and managers in the food industry have given in to the temptation to build up debt over the years.

…click on the above link to read the rest of the article…

The Sinking of the Lord Clive

The Sinking of the Lord Clive

The Sinking of the Lord Clive

 

The image above is of the 18th-century home of friends in Colonia, Uruguay. Today, sitting on their back patio on the Rio de la Plata, I looked out at a small yellow buoy in the harbour that marks the final resting place of the Lord Clive, a large, 60-gun British warship from the 18th century.

In 1763, we British, already at war with Spain, decided to expand the venture to the New World. The Lord Clive arrived in Colonia, Uruguay, and began firing into the tiny town. With her heavy contingent of cannon, her captain was confident that he could do enough damage to make the Spanish inhabitants surrender. After extensive bombardment, the Spanish had still not raised the white flag; however, the crew of the Lord Clive had managed to set fire to their own ship. The crew abandoned ship.

Local accounts of the event have it that, swimming ashore, the English crew apologized for bombarding the town and asked for mercy. Not surprisingly, the Spanish killed them.

Of course, this is not the outcome that’s described in English history books. Although the defeat of the British on that day is acknowledged, the folly is not. Although historians will generally acknowledge a defeat, they’re often reluctant to mention any idiocy on the part of their own military. And so any English-language version of the story tells a different tale from the account above.

This is a great pity, as much can be learned from historical idiocy. Since it’s rarely taught, military leaders often make the same idiotic mistakes that their predecessors made.

As an example, we can look at the adventures of the US today and observe their serial invasions over the last fifteen years in the Middle East and elsewhere. These adventures are being pursued ostensibly “to make the world safe for democracy.”

…click on the above link to read the rest of the article…

Fight of the Century

Fight of the Century

Fight of the Century

 

In March 1933, the Enabling Act was passed by the Reichstag, Germany’s parliament. Its purpose was to provide Chancellor Adolf Hitler with the ability to bypass the Reichstag. It allowed him (amongst other measures) emergency powers to legally wage pre-emptive war without any further parliamentary or presidential approval, or even discussion.

In January 2017, H.J. Res 10 was introduced to the US House of Representatives. Its intent was simple and straightforward:

This joint resolution authorizes the President to use the U.S. Armed Forces as necessary in order to prevent Iran from obtaining nuclear weapons.

Introduced by Rep. Alcee Hastings (D-FL), the bill seeks to give the president unilateral authority to legally wage pre-emptive war without any further Congressional approval, or even discussion.

So, is it possible that the US is following a similar path to that of 1930’s Germany? Well, let’s look a bit closer and see.

During his campaign, Mister Trump was very vocal with regard to his sentiments toward Iran and, since his inauguration, has famously put Iran “on notice.”

He has the full support of his chief advisers on this issue. His national security adviser, Lt. Gen. Michael Flynn, and his defence secretary, Gen. James Mattis, have both recently accused Iran of being the world’s leading “state sponsor of terrorism.” New head of the CIA, Mike Pompeo, also favours invading Iran.

On the other side of the fence, Ayatollah Khamenei has behaved with traditional Iranian braggadocio, saying of Mister Trump,

We actually thank this new president… What we have been saying for more than 30 years about the political, economic, moral, and social corruption within the US ruling establishment, he revealed during the election campaign and after the elections.

With each side goading the other, both sides seem to be as eager to “get into the ring” as Muhammad Ali and Joe Frazier were in 1971’s “Fight of the Century.”

…click on the above link to read the rest of the article…

Trump Left Saudi Arabia Off His Immigration Ban… Here’s the Shocking Reason Why

Trump Left Saudi Arabia Off His Immigration Ban… Here’s the Shocking Reason Why

Trump Left Saudi Arabia Off His Immigration Ban… Here’s the Shocking Reason Why
On August 15, 1971, President Nixon killed the last remnants of the gold standard.

It was one of the most significant events in US history—on par with the 1929 stock market crash, JFK’s assassination, or the 9/11 attacks. Yet most people know nothing about it.

Here’s what happened…

After World War 2, the US had the largest gold reserves in the world, by far. Along with winning the war, this let the US reconstruct the global monetary system around the dollar.

The new system, created at the Bretton Woods Conference in 1944, tied the currencies of virtually every country in the world to the US dollar through a fixed exchange rate. It also tied the US dollar to gold at a fixed rate of $35 an ounce.

The Bretton Woods system made the US dollar the world’s premier reserve currency. It effectively forced other countries to store dollars for international trade, or to exchange with the US government for gold.

By the late 1960s, the number of dollars circulating had drastically increased relative to the amount of gold backing them. This encouraged foreign countries to exchange their dollars for gold, draining the US gold supply. It dropped from 574 million troy ounces at the end of World War 2 to around 261 million troy ounces in 1971.

To plug the drain, President Nixon “suspended” the dollar’s convertibility into gold on August 15, 1971. This ended the Bretton Woods system and severed the dollar’s last tie to gold.

Since then, the dollar has been a pure fiat currency, allowing the Fed to print as many dollars as it pleases.

Of course, Nixon said the suspension was only temporary. That was lie No. 1. It’s still in place over 40 years later.

And he claimed the move was necessary to protect Americans from international speculators. That was lie No. 2. Money printing to finance out-of-control government spending was the real threat.

 

..click on the above link to read the rest of the article…

The Coming Collapse of the World’s Biggest Economy

The Coming Collapse of the World’s Biggest Economy

The stage is set for the collapse of the world’s largest economy—the European Union. The trigger: Italy’s exit from the euro currency.

The Financial Times recently put it this way:

An Italian exit from the single currency would trigger the total collapse of the eurozone within a very short period. It would probably lead to the most violent economic shock in history, dwarfing the Lehman Brothers bankruptcy in 2008 and the 1929 Wall Street crash.

If the FT is even partially right, it means we’re looking at a possible stock market crash of historic proportions. It could devastate anyone with a brokerage account. But it could also present enormous opportunities to profit.

Here’s how it could happen…

What started out as a joke has become Italy’s most popular political party.

In 2007, Beppe Grillo, an Italian actor and comedian, launched Vaffanculo Day (“vaffanculo” is Italian for “f*** off”).

Grillo and his followers used V-Day to bluntly express their displeasure over Italian establishment politicians using imagery from the movie V for Vendetta.

V-Day helped organize Italians frustrated by their political system. It gave birth to the Five Star Movement, Italy’s new populist political party.

Grillo’s Five Star Movement—or M5S, as it’s known by its Italian acronym—is anti-globalist, anti-euro, and anti-establishment. It doesn’t neatly fall into the left/right political paradigm.

According to the latest polls, M5S is now the most popular party in Italy. It won mayoral elections in Rome and Turin earlier this year.

M5S is riding a wave of populist anger at entrenched political elites over economic stagnation. Italy has had virtually no productive growth since it joined the eurozone in 1999.

…click on the above link to read the rest of the article…

Looking Forward

Looking Forward

 

Since its inception, International Man has offered prognostications about what the future will bring – economically, politically and socially. The principle writers of the publication have been at this for decades. Each one began by studying world economics and politics in order to make the best choices as to where to live, where to invest, where to store wealth, etc. Over the years, each one got better at researching, better at reading the signs and, ultimately, better at predicting future events.

But, today, we’re approaching a worldwide crisis point and the study that we undertook decades ago has become important for literally hundreds of millions of people who, whether they realise it or not, will soon be impacted by events in a major way.

The foremost concern for readers of this publication is that the world’s leading governments have become decidedly fascist and are rapidly heading in a totalitarian direction. There are a number of facets to this development, all of them disturbing: The elimination of personal privacy, the creation of capital controls, confiscation of wealth, the conversion to electronic banking as the sole form of currency, international taxation standards and the creation of a police state. (There are many, many more facets, but these few tend to be at the core of concern.)

We can expect to see all of these concerns come closer to reality in the near future. The events that bring them about will increase in bothfrequency and magnitude as we get closer. (Historically, this is always the case, as governments that are in trouble race to get controls in place, as their continued ability to control events unravels.)

…click on the above link to read the rest of the article…

Making the Chicken Run

Making the Chicken Run

I’ve written many times about the importance of internationalizing your assets, your mode of living, and your way of thinking. I suspect most readers have treated those articles as they might a travelogue to some distant and exotic land: interesting fodder for cocktail party chatter, but basically academic and of little immediate personal relevance.

I’m directing these comments toward the U.S. mainly because that’s where the problem is most acute, but they’re applicable to most countries.

Now, in 2016, the U.S. is in real trouble. Not as bad as Rhodesia 40 years ago—and definitely a different kind of trouble—but plenty serious. For many years, it’s been obvious that the country was eventually going to hit the wall, and now the inevitable is rapidly becoming imminent.

What do I mean by that? There’s plenty of reason to be concerned about things financial and economic. But I personally believe we haven’t been bearish enough on the eventual social and political fallout from the Greater Depression. Nothing is certain, but the odds are high that the U.S. is going into a time of troubles at least as bad as any experienced in any advanced country in the last century.

I hate saying things like that, if only because it sounds outrageous and inflammatory and can create a credibility gap. It invites arguments with people, and although I enjoy discussion, I dislike arguing.

…click on the above link to read the rest of the article…

 

We are exiting the eye of the giant financial hurricane

We are exiting the eye of the giant financial hurricane

(Editor’s Note: This is Doug Casey’s foreword to Casey Research’s Handbook for Surviving the Coming Financial Crisis.)

Right now, we are exiting the eye of the giant financial hurricane that we entered in 2007, and we’re going into its trailing edge.

It’s going to be much more severe, different, and longer lasting than what we saw in 2008 and 2009.

In a desperate attempt to stave off a day of financial reckoning during the 2008 financial crisis, global central banks began printing trillions of new currency units. The printing continues to this day.

It’s not just the Federal Reserve that’s printing. The Fed is just the leader of the pack. The U.S., Japan, Europe, China… all major central banks… are participating in the biggest increase in global monetary units in history.

These reckless policies have produced not just billions but trillions in malinvestment that will inevitably be liquidated. This will lead us to an economic disaster that will, in many ways, dwarf the Great Depression of 1929–1946. Paper currencies will fall apart, as they have many times throughout history.

This isn’t some vague prediction about the future. It’s happening right now. The Canadian dollar has lost 25% of its value since 2013. The Australian dollar has lost 30% of its value during the same time. The Japanese yen and the euro have crashed in value. And the U.S. dollar is currently just the healthiest horse on its way to the glue factory.

These are gigantic losses for major currencies. After all, we’re not talking about small volatile stocks. We’re talking about the value of money in peoples’ bank accounts. These moves show we’re in the early stages of a currency crisis.

At this point, it’s a lock cinch that the world’s premier paper currency – the U.S. dollar – will lose nearly all its value.

…click on the above link to read the rest of the article…

Why Negative Rates Can’t Stop the Coming Depression

Why Negative Rates Can’t Stop the Coming Depression

 

A bird in the hand is worth two in the bush.

– Anonymous.

In our upcoming issue of The Bill Bonner Letter, we explore the strange territory of “NIRP” – negative-interest-rate policy.

About $7 trillion of sovereign bonds now yield less than nothing. Lenders give their money to governments…who swear up and down, no fingers crossed, that they’ll give them back less money sometime in the future.

Is that weird or what?

Into the Unknown

At least one reader didn’t think it was so odd.

“You pay someone to store your boat or even to park your car,” he declared.

“Why not pay someone to look out for your money?”

Ah…we thought he had a point. But then, we realized that the borrower isn’t looking out for your money; he’s taking it…and using it as he sees fit.

It is as though you gave a valet the keys to your car. Then he drove it to Vegas or sold it on eBay.

A borrower takes your money and uses it. He doesn’t just store it for you; that is what safe deposit boxes are for.

When you deposit your money in a bank, it’s the same thing. You are making a loan to the bank. The bank doesn’t store your money in a safe on your behalf; it uses it to balance its books.

If something goes wrong and you want your money back, you can just get in line behind the other creditors.

The future is always unknown. The bird in the bush could fly away. Or someone else could get him.

So, when you lend money, you need a little something to compensate you for the risk that the bird might get away.

…click on the above link to read the rest of the article…

The Coming Collapse of Saudi Arabia

The Coming Collapse of Saudi Arabia

 

They met in secret to plan a devastating attack…

Two powerful men, colluding at a palace in the Middle East.

In September 2014, U.S. Secretary of State John Kerry flew to Saudi Arabia. He was there to meet with King Abdullah, the country’s ruler and one of the richest men in the world.

Informed observers say Kerry and Abdullah drew up a plan at this meeting to destroy their common enemies: Russia and Iran.

To carry out the attack, they wouldn’t use fighter jets, tanks and ground troops. They would use a much more powerful weapon…

Oil.

Oil is the world’s most traded commodity. Saudi Arabia is the world’s largest oil exporter. It has arguably more control over the price of oil than any other country does.

Insiders say Saudi Arabia agreed to flood the oil market at this secret meeting. The purpose was to drive down the price of oil. This would hurt Russia’s and Iran’s economies. They both depend heavily on oil sales.

They wanted to hurt Russia for supporting their regional foe, Syrian President Bashar al-Assad. They wanted to hurt Iran for the same reason. Iran is the Saudis’ fierce geopolitical rival in the region.

Their strategy has had some success.

As you can see in the chart below, the price of oil has plummeted over 70% since John Kerry’s secret meeting with King Abdullah in September 2014.

There’s so much conflict in the Middle East—but oil prices are falling.

And despite China’s economic slowdown…it still imported more oil in 2015 than in 2014. China is the world’s number two oil consumer behind the U.S.

Turmoil plus demand says oil should be going up, not down. But the mystery is explained by the Saudis’ oil war and their strategy of flooding the market to bankrupt competitors.

…click on the above link to read the rest of the article…

Hillary’s Scary New Cash Tax

Hillary’s Scary New Cash Tax

 

 

Have you heard of “negative interest rates”?

It’s become a phenomenon with economists and the media.

There’s a good chance you’ve read an article about it. We’ve covered it many times in the Dispatch.

I’m writing to tell you something about negative interest rates you haven’t heard. You certainly won’t hear about it in the mainstream press.

What’s coming at you is a historic event. It’s something our grandchildren will hear stories about…much like the Great Depression or the Cold War.

What’s coming could send the price of gold much higher in the coming years…and hand gold stock owners 500%+ gains.

If you know what’s coming, it could mean the difference between having lots of free cash in retirement or barely getting by.

To understand the gravity of this moment, let’s cover one of the most bizarre ideas in the world…

negative interest rates.

In a normal world, your bank pays you interest on your savings. It takes your money, pools it with other people’s money and loans it out.

The bank makes money by paying out less in interest on your deposit than it earns in interest from borrowers.

For example, it might pay out 3% to depositors while earning 6% from borrowers.

This is how it has worked for decades.

Negative interest rates turn your “normal” bank account upside down.

Negative interest rates could only exist in a crazy world where idiot politicians are in control.

Unfortunately, that’s just what we’re dealing with right now.

Politicians all over the world are ordering banks to charge depositors(you) a fee for storing cash.

It’s a perversion of saving. It’s a perversion of capitalism. It’s a perversion of planning for the future.

And it’s going to result in disaster.

…click on the above link to read the rest of the article…

 

Doug Casey’s Top Five Reasons Not to Vote

Doug Casey’s Top Five Reasons Not to Vote

It’s not like the consensus of a bunch of friends agreeing to see the same movie. Most often, it boils down to a kinder and gentler variety of mob rule, dressed in a coat and tie. The essence of positive values like personal liberty, wealth, opportunity, fraternity, and equality lies not in democracy, but in free minds and free markets where government becomes trivial. Democracy focuses people’s thoughts on politics, not production; on the collective, not on their own lives.

Although democracy is just one way to structure a state, the concept has reached cult status; unassailable as political dogma. It is, as economist Joseph Schumpeter observed, “a surrogate faith for intellectuals deprived of religion.” Most of the founders of America were more concerned with liberty than democracy. Tocqueville saw democracy and liberty as almost polar opposites.

Democracy can work when everyone concerned knows one another, shares the same values and goals, and abhors any form of coercion. It is the natural way of accomplishing things among small groups.

But once belief in democracy becomes a political ideology, it’s necessarily transformed into majority rule. And, at that point, the majority (or even a plurality, a minority, or an individual) can enforce their will on everyone else by claiming to represent the will of the people.

The only form of democracy that suits a free society is economic democracy in the laissez-faire form, where each person votes with his money for what he wants in the marketplace. Only then can every individual obtain what he wants without compromising the interests of any other person. That’s the polar opposite of the “economic democracy” of socialist pundits who have twisted the term to mean the political allocation of wealth.

…click on the above link to read the rest of the article…

 

Revealed: The Hidden Agenda of Davos 2016

Revealed: The Hidden Agenda of Davos 2016

 

“It’s a big club and you ain’t in it!”

I’m often reminded of these words, spoken by the great comedian George Carlin, when I read about the annual World Economic Forum meeting in Davos, Switzerland.

That’s where the global power elite gather to discuss the big issues of the day. The most important world leaders attend. As do the CEOs of the largest companies, leaders in the mainstream media and top academics. Central bankers attend, too, along with a wide assortment of celebrities.

Three types of meetings happen in Davos, according to the BBC:

  1. Public meetings, which anyone can attend.
  1. Closed meetings, which you can only attend by invitation.
  1. Secret meetings, which are unannounced. The public doesn’t know the agenda or who attends.

The biggest and most important deals take shape in these secret meetings. And this year, I think there was one secret meeting with huge historical significance.

I think world leaders decided to dramatically escalate the War on Cash, making it easier for them to impose negative interest rates.

Negative interest rates mean the lender pays the borrower for the privilege of lending him money. It’s a bizarre, upside-down concept.

Negative rates could not exist in a free market. They can only exist in an Alice in Wonderland economy created by central bankers.

Punishment Interest

Think of it as “punishment interest.”

That’s a common term in Germany for negative interest rates. I think it’s an apt description.

Punishing savers is exactly what central bankers—who are really central economic planners—would like to do. They think stinging savers with negative interest rates will encourage them to spend now. It’s effectively a tax on saving money.

…click on the above link to read the rest of the article…

The Inevitability of Dramatic Inflation

The Inevitability of Dramatic Inflation

The Inevitability of Dramatic Inflation

No one is very concerned about inflation right now and that’s understandable.

Although inflation exists in some sectors of the economy, the present subject of discussion is deflation. Any depression is inherently deflationary since spending is curtailed, which drives prices down.

Since 2008, despite all the fudged reports emanating from governments, much of the world has been in a depression since 2008 and remains in one. This will continue until such time as there is a true cleansing of the system – a step the leaders of each jurisdiction have avoided as much as possible, choosing instead to extend the party as long as possible before the inevitable collapse occurs.

Since deflation is the problem that’s staring us in the face now, most economic discussion deals with it. But, historically, when deflation occurs, governments do everything they can do reverse the problem and return to inflation.

To the average person, one type of ‘flation is as bad as another type of ‘flation – he merely hopes for economic stability. And so the effort by governments to not only accept inflation but to recommend its existence as policy seems odd. But then, governments (and banks) benefit from inflation.

People can only be taxed so much before they rebel, but inflation acts as a hidden tax and most people don’t recognise that it’s not the number of currency units one possesses that matters, but what level of purchasing power they have. Inflation allows the individual to retain his currency notes, but devalues them so they buy him less in goods and services. Inflation is the unperceived tax.

The US Federal Reserve has done a sterling job of exacting wealth from US citizens. Since it was created in 1913, it has devalued the dollar by roughly 97% and the dollar is now due for replacement.

…click on the above link to read the rest of the article…

Olduvai IV: Courage
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Olduvai II: Exodus
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