Global Skywatch

Media Blackout on Dire Global Debt

– Greg Mannarino By Greg Hunter On September 12, 2018 In Market Analysis 70 Comments By Greg Hunter’s USAWatchdog.com Trader/analyst Gregory Mannarino says the public is not getting the truth about the dire debt and currency problems in the global financial system. Mannarino explains, “People here in our country are not being allowed to see what is going on outside of the United States. The mainstream media (MSM) outlets are doing everything they possibly can to keep people misinformed and uninformed. This is what is happening right now. On a global scale, the world is overdosing on debt. I cannot stress that enough. So, what we are witnessing here in regard to the emerging markets is a currency meltdown. . . . World central banks […]

It’ll blow up and we’ll live happily ever after

I have an interesting pair of publications to share with you today. First I will do a bit of scene setting. Austrian school economists describe our current situation as a bubble economy; inflated far beyond healthy. It is a death-spiral bubble that requires continual influx of paper money and constant expansion of the bubble to keep it from a dramatic, destructive deflation. The constant overinflation has us stretched to the breaking point. More significantly, the stretching continues unabated.  The report from Of Two Minds .com by Charles Hugh Smith excerpted below shows the ugliness. There is no amount of lipstick that will make this pig look good. I show you just a bit of his article. Click on the headline […]

over the Bretton Woods hill

In 1944, immediately following World War II, the winning rulers met in New Hampshire to hand the world’s economy to the Feral Reserve… a cabal of international banksters who took control of the USofA dollar in 1913. On its surface, the Bretton Woods agreement seemed innocuous enough. USofA had just proven itself to be the world’s military, manufacturing and creative powerhouse. The dollar bearing its name was convertible into gold or silver on demand. Using US dollars instead of heavy metals was quite convenient. Patiently waiting 27 years for anyone paying attention to nod off, they left the gold/silver convertibility intact while they quietly ramped up the printing presses bit by bit to print more dollars than they had metal […]

losing the economic war

The bellicose USofA rulers, both of the deep state and the shallow one have the military juggernaut mauling hundreds of cities, towns and countrysides around the globe while posturing and threatening Russia, China, Iran and others with applied military power. That the bigger players may have plans other than losing militarily seems to be absent from Pentagon planning. The usual suspects have also embarked on economic assaults against China, Russia and others. Here, too, the victims are anything but helpless. The US Dollar Ponzi scheme is not exactly the rock from which intelligent people launch economic war on the rest of the world. When nobody else will prop the US up, the Feral Reserve has to print money to buy […]

when the hot air stops blowing

The Crash of 2008 escaped most people’s notice. The banksters spent the previous decade living large on unsound investments, primarily mortgages to people who could not afford the payments. The Ponzi Scheme unraveled and the whole economy staggered over the edge of the cliff. What should have been worse than the Crash of ’29 that brought to the world “The Great Depression” took an unprecedented turn at this point. A huge wind of hot air blew up out of the abyss to hold the economy up. The central banks began printing money and passing it out in gross quantities to themselves and close friends. That has not improved the economic fundamentals and, in fact, has insured that the eventual fall […]

the not unemployed

The government and central bankster statisticians are blowing smoke … again … as usual. No news here. That doesn’t stop the government and central banksters from using their phony numbers to deceive, rape, pillage and plunder the middle class. In their made-up world the unemployed are divided into two groups. Group X are those recently fired, laid off or who quit their jobs. They make up one out of five of the actual out-of-work. The majority of the unemployed, Group W, have been unable to regain employed status for over three months. The good news for Group W is that they are no longer unemployed. 🙂 Yay for them! 🙂 Of course the bad news is they have no gainful […]

California leading the way – others well advised to not follow

bicycle ride through Anaheim's homeless tent city … it is a big one from Ted Dunlap on Vimeo.

statism laid bare

The Foundation For Economic Education (FEE) introduced me to Herbert Spencer’s work this morning with their post 12 Brilliant Quotes by Herbert Spencer on the Fallacies of Statism I give you four of them below. Click the link above to see the rest of their article. “Did the State fulfill efficiently its unquestionable duties, there would be some excuse for this eagerness to assign it further duties. Were there no complaints of its faulty administration of justice… of its playing the tyrant where it should have been the protector… had we, in short, proved its efficiency as judge and defender… there would be some encouragement to hope for other benefits at its hands.” “Or if… the State had proved […]

global debt, an out-of-this-world view

This is an excellent article that explains a lot and conjectures in an unusual way … that cannot be discounted out of hand. Global Debt is Now an Insane $164 Trillion, but Who Exactly Do We Owe? Isaac Davis, Waking Times If you’ve ever wondered why the world seems hopelessly fraught with endless conflict, ruled corrupt states, and bent on developing a never-ending supply of advanced weaponry, you’d need to understand the nature of our debt based economy. The IMF has just reported that total global debt is now at a staggering $164 trillion, which amounts to 225% of total global GDP. Every person on this planet could turn over everything they produce for the next two plus years and […]

wealth transfer nearly complete

Non economists and mal-educated economists don’t know it, but The Crash of 2008 was worse than the crash of 1929. The Fed was only 13 years old for the first one. Its owners decided to get rich buying assets of those who went broke due to Feral Reserve and FDR’s policies. Read FDR’s Folly, America’s Great Depression, or The Bubble That Broke The World to understand what really happened then, why and how. Notice that the Feral Reserve has printed money out of thin air since it took over ownership of the USofA dollar in 1913. Every dollar they print begins its path into the economy by the owners of the Feral Reserve SPENDING IT. In other words, they print […]

Peak Crazy Time & Yield Shock Coming

 – David Stockman By Greg Hunter On April 15, 2018 In Market Analysis  By Greg Hunter’s USAWatchdog.com (Early Sunday Release) Former Reagan White House Budget Director David Stockman says look out for the “perfect storm” coming our way. Stockman explains, “I think we are in peak crazy time, really, to launch an attack against Syria based on the flimsy evidence to date, and the likelihood it was another false flag operation. . . . Trump declared victory two weeks ago in Syria and said we are coming home, which is exactly the right thing to do and say.  Then, all of a sudden, you have a gas attack and the clamor from the war party to do something, respond […]

making bureaucrats responsive

Surprising lessons are coming from those horrible communist countries China and Russia. Impossible to ignore that Communist China manufactures and sells US darn near everything, while our unemployment is 21.7%, goods producing employment is 12.6%, and government employment is 14.2%. This so-called capitalistic, free-market country of ours now has more regulators and controllers than it has producers. Describing that would take another essay. Here I want to point out that the big bad communist countries have moved into producing while our country moved to centralized command and control. Starting and running a small business is so burdened with parasitic losses to government agents and bureaucratic red tape that startup enterprises are almost unheard of today. Housing and building regulations weigh […]

3 Facepalm Moments in Regulation

from FEE.org As a policy wonk, I mostly care about the overall impact of government on prosperity. So when I think about the effect of red tape, I’m drawn to big-pictures assessments of the regulatory burden. Here are a few relevant numbers that get my juices flowing. Americans spend 8.8 billion hours every year filling out government forms. The economy-wide cost of regulation reached $1.75 trillion in 2010. For every bureaucrat at a regulatory agency, 100 jobs are lost in the economy’s productive sector. A World Bank study determined that moving from heavy regulation to light regulation “can increase a country’s average annual GDP per capita growth by 2.3 percentage points.” Regulatory increases since 1980 have reduced economic output […]

what would you do with A Hundred Trillion Dollars?

This is what paper currencies do. Every time. The US Feral Reserve Notes have had a phenomenally long run, but the pattern will not be broken… those who ignore history, however, will be. Today you can buy ONE HUNDRED TRILLION DOLLARS Zimbabwae for 250 FERAL RESERVE NOTEs. You could, on the other hand, buy a dozen or more real, solid, sound-money dollars for an equal amount. Of course when the international banking cartel took over the USofA currency, you could exchange our dollars for one ounce of silver straight across. They stole the difference. While fiat governments and their fiat currencies come and go, precious metals in known purities and quantities hold their value for centuries, generations and without […]