Gregory Mannarino of TradersChoice.net has previously warned that when the global debt bubble bursts it could lead to the deaths of millions upon millions of people on a worldwide scale. By all accounts, we are witnessing an unprecedented economic and financial situation across the globe.
As Mannarino notes in his latest video report, multi-trillion dollar monetary injections into stock markets have given the majority of people the perception of a healthy economy. Yet, central banks find themselves in a predicament for which there is no easy way out. And right now, the Federal Reserve is teetering on “a knife’s edge.”
With the end game for the Fed rapidly approaching, we could soon see a massive market correction that will leave most people bewildered by its ferocity:
There’s a lot of chatter everywhere regarding some type of market crash or major event occurring next month.
There are so many metrics that can prove beyond any shadow of a doubt that not only are we not recovering… we are in terminal decline and it’s accelerating.
The Federal Reserve… if they do not act next month and simply leave things as they are… and that is simply “emergency monetary policy will be maintained”… that might shake up the markets… If the Federal Reserve says they have to save whatever credibility they have left and try to nudge the short end of the yield curve by raising interest rates by a quarter of a percent… that also is going to rattle markets.
We’ve never been here before. This is uncharted territory on a scale that is hard to imagine.
These distortions are so dramatic everywhere in this market and there’s no price discovery mechanism… there’s going to be a moment when all this is going to correct to fair value… it’s going to feel like the mother of all collapses… It will eclipse every single market crash we’ve ever seen… It will eclipse by orders of magnitude when this gets rolling.
We are teetering on that knife’s edge right now.
Central banks are expecting an economic catastrophe to strike the world this winter, and will try to blame Brexit for their wrongdoings which triggered the crisis.
Investors are dumping stocks in major European banks in particular, with the Royal Bank of Scotland losing 30% of its market value since June.
The banks are “preparing for an economic nuclear winter situation,” an insider told CNBC. “This could mean triggering Article 50, referendum in other European nations leading to a break-up of the euro or sterling hitting below $1.20 or lower.”
“The banks are ready for anything now.”
The public is losing faith in the banks; demand for personal safes is exploding as people refuse to deposit cash in bank accounts out of fear of “negative interest rates.”
“Savers now face the prospect of being charged fees on their deposits,” the Wall Street Journal reported. “Some companies and large private depositors already incur charges.”
Central bankers and the technocratic elite are blaming Brexit for the current economic downfall, but as Infowars documented for years, the global economy has been disintegrating long before British voters decided to leave the EU.
In January, five months before the Brexit vote, a top banker and Davos insider admitted that a global economic collapse is imminent because the central banks have lost control and are completely out of ideas.
Around the same time, the Royal Bank of Scotland warned its clients to “sell everything” and exit the stock market as soon as possible, a warning which indicates the global economy is heading towards a 1929-style Great Depression.
“Sell everything except high-quality bonds,” warned Andrew Roberts, the bank’s research chief for European economics and rates. “We think investors should be afraid.”
And at the beginning of the year, the S&P’s 500 had its worst five-day start on record since 1929 and the Dow Jones industrial average had its worst start since 1897.
The global economy is so dependent on China in particular that if the country were to completely implode, a world-wide recession would likely result – and right now China’s trajectory resembles the one that led to the Great Depression, with ever-expanding credit lines combined with widespread delusion that asset prices will never fall.
Very soon, on October 1, 2016, much of the internet's governance will shift from the US National Telecommunications and Information Administration (NTIA) authority to a nonprofit multi-stakeholder entity, the Internet Corporation for Assigned Names and Numbers, also known by its acronym ICANN. As The Gatestone Institute's Judith Bergmann explains,
Until now, NTIA has been responsible for key internet domain name functions, such as the coordination of the DNS (Domain Name System) root, IP addresses, and other internet protocol resources. But in March 2014, the U.S. announced its plan to let its contract with ICANN to operate key domain name functions expire in September 2015, passing the oversight of the agency to a global governance model. The expiration was subsequently delayed until October 1, 2016.
According to the NTIA's press release at the time, "NTIA's responsibility includes the procedural role of administering changes to the authoritative root zone file – the database containing the lists of names and addresses of all top-level domains – as well as serving as the historic steward of the DNS. NTIA currently contracts with ICANN to carry out the Internet Assigned Numbers Authority (IANA) functions and has a Cooperative Agreement with Verisign under which it performs related root zone management functions. Transitioning NTIA out of its role marks the final phase of the privatization of the DNS as outlined by the U.S. Government in 1997".
The Obama Administration says that the transition will have no practical effects on the internet's functioning or its users, and even considers the move necessary in order to maintain international support for the internet and to prevent a fracturing of its governance.
Oh really?
Civil society groups and activists are calling on Congress to sue the Obama Administration -- perhaps at least to postpone the date until more Americans are aware of the plan.
However, never one to miss an opportunity, The Daily Caller's Peter Hasson reports that:
An internal proposed strategy from George Soros' Open Society Justice Initiative calls for international regulation of private actors’ decisions on “what information is taken off the Internet and what may remain.”Those regulations, the document notes, should favor “those most supportive of open society.”
The Open Society Justice Initiative (OSJI) is part of the Open Society Foundations, Soros’s secretive network of political organizations. According to the organization’s website, “The Open Society Justice Initiative uses law to protect and empower people around the world, supporting the values and work of the Open Society Foundations.”
The call for international control of the internet is part of a 34-page document titled “2014 Proposed strategy” that lays out OSJI’s goals for between 2014 and 2017.
The leaked document was one of 2,500 documents released by “hacktivist” group DCLeaks. As reported by The Daily Caller, the section of DCLeaks’ website dealing with Soros has since gone offline for unknown reasons. TheDC saved a version of the 2014 strategy before the site went offline.
In the document, OSJI argues that international regulation of the Internet is needed to protect freedom of expression.
“Our freedom of expression work furthers the free exchange of information and ideas via the media and internet, and proposes to begin to address the free expression and association rights of NGOs.The internet has been a key tool for promoting freedom of expression and open societies — as in the Arab Spring — and is a potential safeguard against monopoly control of information in such places as China and Central Asia,” page 19 of the document notes.
“But it is also presenting underaddressed challenges, including lack of regulation of private operators that are able to decide, without due process procedures, what information is taken off the Internet and what may remain. A ‘race to the bottom’ results from the agendas of undemocratic governments that seek to impose their hostility to free speech on the general online environment. We seek to ensure that, from among the norms emerging in different parts of the world, those most supportive of open society gain sway.”
Usually, when one nation declares war on another there’s some kind of announcement. Constitutionally speaking, there are some rules to follow. But maybe there are some exceptions that I didn’t hear about in high school civics class, because even if he hasn’t made such an outright declaration, President Obama sure is doing some uncomfortably war-like things to Syria and Russia.
For more than two years, Obama stated publicly that there would be no U.S boots on the ground in Syria. Here are 16 different times he said that.
We all know how that went. You can read more about it here and here. After the boots were there, decidedly on the ground, the administration denied he ever said he wouldn’t be sending troops to Syria.
Now, whether we like it or not, the Syrian government is internationally recognized. An internationally recognized government in an internationally recognized country. You don’t have to like the al-Assad regime, but its existence is legitimate.
It can be assumed that the U.S boots that are on the ground in Syria were not formally invited to be there…so was this a ‘soft’ invasion?
Add to this the fact that Pentagon spokesman Captain Jeff Davis claimed that US jets attempted to intercept Syrian planes to protect the American advisers operating illegally with Kurdish forces in Syria after Syrian government jets bombed areas of Hasakah when Kurdish police began an aggression against the National Defense Force. (source)
Almasdar News stated that the United States will take down any Syrian or Russian fighter jets that fly over U.S troops and advisors in Syria. They back up the claim with direct quotes from Pentagon spokesman Peter Cook.
Right.
You CANNOT just show up in another country and start calling the shots because you don’t like the way they do things.
I have questions.
Is this just sabre-rattling or does Obama really think he has the right to invade a foreign country, shoot down the aircraft of that country, and also shoot down the aircraft of an invited guest in that country?
Does he really think he would get away with it?
Is he deliberately trying to provoke other world leaders?
Does Obama actually want a war? Because this is how you get a war.
Is he totally insane?
Does he really think Vladimir Putin will sit back and say okay, fair enough, Barack, no biggie?
And getting into a p*ssing contest with Russia? What is he thinking?
Provoking Putin takes things to a whole new level. It puts millions more lives at risk, because what is currently a civil war could easily escalate into an international conflict with two superpowers on different sides.
If you add to this the fact that Germany is urging people to prepare and talking about reinstating the draft, while other countries around the world all seem to be gearing up for something disturbing, I think we can all agree that this development is worrying in the extreme.
Is this situation likely to escalate further? Is this a deliberate attempt to call on Vladimir Putin? Why on earth would President Obama behave so recklessly? What is it that we’re not being told?
Regarding the coming collapse in September, this would give an explanation to the recent comments by European leaders that people start stocking up on food, water, medications, things that one would need in a crisis. Speculation as to why they would make such a comment included terrorism, war, but one can see too that perhaps it has more to do with financial collapse.
ReplyDeleteInterestingly too Obama stated this same request in the spring, most thinking it was about preparing for Hurricane season, but we have not heard him restate this again in preparation for the same reasons as Europe.