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 The Upcoming Chaos Of The United States And The Entire World.

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The Upcoming Chaos Of The United States And The Entire World. Empty
PostSubject: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 2:56 am

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Tick, tock..........

Let the fun commence!  clown  pirat  Twisted Evil 


Quote :

12 Numbers About The Global Financial Ponzi Scheme That Everyone Should Know

Submitted by Michael Snyder of The Economic Collapse blog,

The numbers that you are about to see are likely to shock you.  They prove that the global financial Ponzi scheme is far more extensive than most people would ever dare to imagine.  As you will see below, the total amount of debt in the world is now more than three times greater than global GDP.  In other words, you could take every single good and service produced on the entire planet this year, next year and the year after that and it still would not be enough to pay off all the debt.  But even that number pales in comparison to the exposure that big global banks have to derivatives contracts.  It is hard to put into words how reckless they have been.  At the low end of the estimates, the total exposure that global banks have to derivatives contracts is 710 trillion dollars.

That is an amount of money that is almost unimaginable.  And the reality of the matter is that there is really not all that much actual "money" in circulation today.  In fact, as you will read about below, there is only a little bit more than a trillion dollars of U.S. currency that you can actually hold in your hands in existence.  If we all went out and tried to close our bank accounts and investment portfolios all at once, that would create a major league crisis.  The truth is that our financial system is little more than a giant pyramid scheme that is based on debt and paper promises.  It is literally a miracle that it has survived for so long without collapsing already.

When Americans think about the financial crisis that we are facing, the largest number that they usually can think of is the size of the U.S. national debt.  And at over 17 trillion dollars, it truly is massive.  But it is actually the 2nd-smallest number on the list below.  The following are 12 numbers about the global financial Ponzi scheme that should be burned into your brain...

-$1,280,000,000,000 - Most people are really surprised when they hear this number.  Right now, there is only 1.28 trillion dollars worth of U.S. currency floating around out there.

-$17,555,165,805,212.27 - This is the size of the U.S. national debt.  It has grown by more than 10 trillion dollars over the past ten years.

-$32,000,000,000,000 - This is the total amount of money that the global elite have stashed in offshore banks (that we know about).

-$48,611,684,000,000 - This is the total exposure that Goldman Sachs has to derivatives contracts.

-$59,398,590,000,000 - This is the total amount of debt (government, corporate, consumer, etc.) in the U.S. financial system.  40 years ago, this number was just a little bit above 2 trillion dollars.

-$70,088,625,000,000 - This is the total exposure that JPMorgan Chase has to derivatives contracts.

-$71,830,000,000,000 - This is the approximate size of the GDP of the entire world.

-$75,000,000,000,000 - This is approximately the total exposure that German banking giant Deutsche Bank has to derivatives contracts.

-$100,000,000,000,000 - This is the total amount of government debt in the entire world.  This amount has grown by $30 trillion just since mid-2007.

-$223,300,000,000,000 - This is the approximate size of the total amount of debt in the entire world.

-$236,637,271,000,000 - According to the U.S. government, this is the total exposure that the top 25 banks in the United States have to derivatives contracts.  But those banks only have total assets of about 9.4 trillion dollars combined.  In other words, the exposure of our largest banks to derivatives outweighs their total assets by a ratio of about 25 to 1.

-$710,000,000,000,000 to $1,500,000,000,000,000 - The estimates of the total notional value of all global derivatives contracts generally fall within this range.  At the high end of the range, the ratio of derivatives exposure to global GDP is about 21 to 1.

Most people tend to assume that the "authorities" have fixed whatever caused the financial world to almost end back in 2008, but that is not the case at all.

In fact, the total amount of government debt around the globe has grown by about 40 percent since then, and the "too big to fail banks" have collectively gotten 37 percent larger since then.

Our "authorities" didn't fix anything.  All they did was reinflate the bubble and kick the can down the road for a little while.

I don't know how anyone can take an honest look at the numbers and not come to the conclusion that this is completely and totally unsustainable.

How much debt can the global financial system take before it utterly collapses?

How recklessly can the big banks behave before the house of cards that they have constructed implodes underneath them?

For the moment, everything seems fine.  Stock markets around the world have been setting record highs and credit is flowing like wine.

But at some point a day of reckoning is coming, and when it arrives it is going to be the most painful financial crisis the world has ever seen.

If you plan on getting ready before it strikes, now is the time to do so.
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 3:08 am

Can you smell the desperation from the halls of the White House?

It smells an awful like fear.........

Quote :


How The US Is Arming Both Sides Of The Iraqi Conflict

Written by Zerohedge



Recall a week ago we wrote "US Begins Delivering F-16s To Iraq This Week, A Decade After It Wiped Out Iraq's Air Force" in which we said:



   
Quote :
... the US will deliver the first of 36 F-16 fighter jets to Iraq in what Baghdad's envoy to the United States called a "new chapter" in his country's ability to defend its vast borders with Iran and other neighbors.

   

   ....the US earlier in March provided Iraq with some 100 Hellfire missiles as well as assault rifles and other ammunition. Then in April the US sent more arms, providing Iraq with 11 million rounds of ammunition and other supplies.

It is unknown how many of these have fallen into Al Qaeda/ISIS hands (we do know that at least one Iraqi Black Hawk chopper was captured during the rush for Mosul). What is known is that as PBS Frontline reported two weeks ago, while the administration has denied arming Syrian "rebels", i.e. the same ISIS militants that have crossed the border and are now fighting in Iraq...

... the reality is that it has. From: "Obama Says Not Arming Syrian Rebels, Syrian Rebels Say He Is"



 
Quote :
... the Syrian rebels themselves say they are already armed and trained by US in the use of sophisticated weapons and fighting techniques, including, one rebel said, "how to finish off soldiers still alive after an ambush." The interviews are the latest evidence that after more than three years of warfare, the United States has stepped up the provision of lethal aid to the rebels, as PBS notes "it appears the Obama administration is allowing select groups of rebels to receive US-made anti-tank missiles."

   

   The commander of the unit also told Ali that their American contacts had asked him to bring 80 to 90 members of his unit to Ankara for training.

   

   One of the fighters said they received three weeks of training in how to conduct ambushes, conduct raids and use their weapons. They also said they received new uniforms and boots.

   

   “They trained us to ambush regime or enemy vehicles and cut off the road,” said the fighter, who is identified only as “Hussein.” “They also trained us on how to attack a vehicle, raid it, retrieve information or weapons and munitions, and how to finish off soldiers still alive after an ambush.”


To summarize: the US was arming and training the same Al Qaeda/ISIS groups of Jihadists, that it concurrently gave Iraq weapons to fight. And since the Iraq army has so far proven utterly incapable of any resistance, it is now up to US drones to "fight" the same "rebels" that the US itself was collaborating with until a month or so ago.

The clear winner here? The US military-industrial complex, of course, as well as the banks who lend money to the governments to fight wars provoked by various "developed nation" spy agencies.

Collateral damage? Millions of innocent people on the ground in Syria and Iraq, and everywhere else too.
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 3:18 am

Quote :
19 Reasons To Laugh When Anyone Tells You That The Economy Is In Good Shape

Written By Zerohedge

Have you heard the one about the “economic recovery” in the United States? It’s quite funny, but it is not actually true. Every day, the establishment media points to the fact that global stock markets have soared to unprecedented heights as evidence that the economy is improving. But just because a bunch of wealthy people have gotten temporarily even richer on paper does not mean that the real economy is in good shape. In fact, as you will see below, things just continue to get even tougher for the poor and the middle class. Retail stores are closing at the fastest pace since the fall of Lehman Brothers, the rate of homeownership in this country is the lowest that it has been in 19 years, one out of every five families do not have a single member that is employed, and one out of every five children is living in poverty. We are working harder, earning less and going into more debt. With each passing day, the middle class gets a little bit smaller and the ranks of the poor get a little bit larger. But at least the stock market is doing great, eh?

If the U.S. economy really was doing well, government dependence would not be at epidemic levels.

If the U.S. economy really was doing well, we wouldn’t have more than a million public school children that are homeless.

If the U.S. economy really was doing well, the percentage of Americans that have a job would not be lower than it was when the last recession supposedly “ended”.

Nobody that takes an honest look at the numbers can honestly say that the U.S. economy has recovered. The following are 19 reasons why you can laugh when anyone tells you that the economy is in good shape…

#1 RadioShack just announced that it is going to close an additional 200 stores on top of what it was already planning to close.

#2 During the first quarter of this year, reported earnings by major U.S. retailers missed estimates by the largest margin in 13 years.

#3 One out of every three grocery store workers in the state of California is on some form of public assistance.

#4 The percentage of Americans that believe that it is a “good time to buy a home” is the lowest that it has been in four years.

#5 According to one recent survey, 52 percent of Americans cannot even afford the house that they are living in right now.

#6 Sadly, only 36 percent of American adults under the age of 35 currently own a home. That is the lowest level that has ever been recorded.

#7 According to one new study, half of all college graduates are still relying on their parents financially when they are two years out of school.

#8 The number of planned job cuts by U.S. employers is on the rise again…


Quote :
Job cuts climbed to the highest level in more than a year, as U.S.-based employers announced plans to reduce payrolls by 52,961 in May, according to a report from Challenger, Gray & Christmas.

#9 Right now, one out of every six men in their prime working years (25 to 54) do not have a job.

#10 The percentage of Americans not in the labor force is still at a 36 year high.

#11 53 percent of wage earners in the United States make less than $30,000 a year.

#12 The average age of vehicles on America’s roads has hit an all-time high of 11.4 years. Are we making them better or is it just that people simply cannot afford to buy new vehicles anymore?

#13 According to Pulitzer prize-winning reporter David Cay Johnston, the economic recovery following the depths of the Great Depression was far superior to what we are experiencing today…

Quote :
The most eye-opening measure of how poorly the vast majority are faring these days comes from comparing the periods after the Great Recession and the Great Depression.

The 90 percent, the vast majority, saw their income decline in 2012 compared with 2009, the year the Great Recession officially ended. Average annual income was down $556, or almost 2 percent, adjusted for inflation, to $30,997.

But in 1936, three years after the Great Depression ended, the vast majority enjoyed 31 percent more income than in 1933. The average increase, in today’s dollars, was $2,146 per household.


#14 The U.S. economy did not experience any economic growth during the first quarter of 2014. In fact, it actually contracted.

#15 The growth of furniture spending has just gone negative for the first time in about two years.

#16 More than 20 percent of all children in the U.S. are living in poverty, and 49 million Americans are dealing with food insecurity.

#17 As I have written about previously, approximately 20 percent of all American families do not have a single member that is employed at this point.

#18 According to a recent Gallup survey, “Unemployment/Jobs” represents the number one concern for U.S. voters.

#19 After adjusting for inflation, median household income in the U.S. is now about 7 percent lower than it was in the year 2000.

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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 3:28 am

Photos from our pals in Iraq.......

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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 4:03 am

Quote :
The Engineered Destruction and Political Fragmentation of Iraq. Towards the Creation of a US Sponsored Islamist Caliphate

By Prof Michel Chossudovsky

The Western media in chorus have described the unfolding conflict in Iraq as a “civil war” opposing the Islamic State of Iraq and al-Sham against the Armed forces of the Al-Maliki government.

(Also referred to as Islamic State of Iraq and the Levant (ISIL) or Islamic State of Iraq and Syria (ISIS))

The conflict is casually described as “sectarian warfare” between Radical Sunni and Shia without addressing “who is behind the various factions”.  What is at stake is a carefully staged US military-intelligence agenda.

Known and documented, Al Qaeda affiliated entities have been used by US-NATO in numerous conflicts as “intelligence assets” since the heyday of the Soviet-Afghan war. In Syria, the Al Nusrah and ISIS rebels are the foot-soldiers of the Western military alliance, which oversees and controls the recruitment and training of paramilitary forces.

The Al Qaeda affiliated Islamic State of Iraq (ISI) re-emerged in April 2013 with a different name and acronym, commonly referred to as the Islamic State of Iraq and Syria (ISIS). The formation of a terrorist entity encompassing both Iraq and Syria was part of a US intelligence agenda. It responded to geopolitical objectives. It also coincided with the advances of Syrian government forces against the US sponsored insurgency in Syria and the failures of both the Free Syrian Army (FSA) and its various “opposition” terror brigades.

The decision was taken by Washington to channel its support (covertly) in favor of a terrorist entity which operates in both Syria and Iraq and which has logistical bases in both countries. The Islamic State of Iraq and al-Sham’s Sunni caliphate project coincides with a longstanding US agenda to carve up both Iraq and Syria into three separate territories: A Sunni Islamist Caliphate, an Arab Shia Republic, and a Republic of Kurdistan.

Whereas the (US proxy) government in Baghdad purchases advanced weapons systems from the US including F16 fighter jets from Lockheed Martin, the Islamic State of Iraq and al-Sham –which is fighting Iraqi government forces– is supported covertly by Western intelligence. The objective is to engineer a civil war in Iraq, in which both sides are controlled indirectly by US-NATO.

The scenario is to arm and equip them, on both sides, finance them with advanced weapons systems and then “let them fight”.

US-NATO is involved in the recruitment, training and financing of ISIS death squads operating in both Iraq and Syria. ISIS operates through indirect channels in liaison with Western intelligence. In turn, corroborated by reports on Syria’s insurgency, Western special forces and mercenaries integrate the ranks of ISIS.

US-NATO support to ISIS is channeled covertly through America’s staunchest allies: Qatar and Saudi Arabia. According to London’s Daily Express “They had money and arms supplied by Qatar and Saudi Arabia.”

Quote :
“through allies such as Saudi Arabia and Qatar, the West [has] supported militant rebel groups which have since mutated into ISIS and other al‑Qaeda connected militias. ( Daily Telegraph, June 12, 2014)


While the media acknowledges that the government of Prime Minister Nuri al-Maliki has accused Saudi Arabia and Qatar of supporting ISIS, it invariably fails to mention that both Doha and Riyadh are acting on behalf and in close liaison with Washington.

Under the banner of a civil war, an undercover war of aggression is being fought which essentially contributes to further destroying an entire country, its institutions, its economy. The undercover operation is part of an intelligence agenda, an engineered process which consists in transforming Iraq into an open territory.

Meanwhile,  public opinion is led to believe that what is at stake is confrontation between Shia and Sunni.

America’s military occupation of Iraq has been replaced by non-conventional forms of warfare. Realities are blurred. In a bitter irony, the aggressor nation is portrayed as coming to the rescue of a “sovereign Iraq”.

An internal “civil war” between Shia and Sunni is fomented by US-NATO support to both the Al-Maliki government as well as to the Sunni ISIS rebels.

The break up of Iraq along sectarian lines is a longstanding policy of the US and its allies. (See map of Middle East below)

“Supporting both Sides”

The “War on Terrorism” consists in creating Al Qaeda terrorist entities as part of an intelligence operation, as well as also coming to the rescue of governments which are the target of  the terrorist insurgency. This process is carried out under the banner of counter-terrorism. It creates the pretext to intervene.

ISIS is a caliphate project of creating a Sunni Islamist state. It is not a project of the Sunni population of Iraq which is broadly committed to secular forms of government. The caliphate project is part of a US intelligence agenda.

In response to the advance of the ISIS rebels, Washington is envisaging the use of aerial bombings as well as drone attacks in support of the Baghdad government as part of a counter-terrorism operation.  It is all for a good cause: to fight the terrorists, without of course acknowledging that these terrorists are the “foot soldiers” of the Western military alliance.

Needless to say, these developments contribute not only to destabilizing Iraq, but also to weakening the Iraqi resistance movement, which is one of the major objectives of US-NATO.

The Islamic caliphate is supported covertly by the CIA in liaison with Saudi Arabia, Qatar and Turkish intelligence. Israel is also involved in channeling support to both Al Qaeda rebels in Syria (out of the Golan Heights) as well to the Kurdish separatist movement in Syria and Iraq.

More broadly, the “Global War on Terrorism” (GWOT) encompasses a consistent and diabolical logic: both sides –namely the terrorists and the government– are supported by the same military and intelligence actors, namely US-NATO.

While this pattern describes the current situation in Iraq, the structure of “supporting both sides” with a view to engineering sectarian conflict has been implemented time and again in numerous countries. Insurgencies integrated by Al Qaeda operatives (and supported by Western intelligence) prevail in a large number of countries including Yemen, Libya, Nigeria, Somalia, Mali, the Central African Republic, Pakistan. The endgame is to destabilize sovereign nation states and to transform countries into open territories (on behalf of so-called foreign investors).

The pretext to intervene on humanitarian grounds (e.g. in Mali, Nigeria or the Central African Republic) is predicated on the existence of terrorist forces. Yet these terrorist forces would not exist without covert US-NATO support.

The Capture of Mosul:  US-NATO Covert Support to the Islamic State of Iraq and Syria (ISIS)

Something unusual occurred in Mosul which cannot be explained in strictly military terms.

On June 10, the insurgent forces of the Islamic State of Iraq and the Levant (ISIS) captured Mosul, Iraq’s second largest city, with a population of over one million people.  While these developments were “unexpected” according to the Obama administration, they were known to the Pentagon and US intelligence, which were not only providing weapons, logistics and financial support to the ISIS rebels, they were also coordinating, behind the scenes, the ISIS attack on the city of Mosul.

While ISIS is a well equipped and disciplined rebel army when compared to other Al Qaeda affiliated formations, the capture of Mosul, did not hinge upon ISIS’s military capabilities. Quite the opposite: Iraqi forces which outnumbered the rebels by far, equipped with advanced weapons systems could have easily repelled the ISIS rebels.

There were 30,000 government forces in Mosul as opposed to 1000 ISIS rebels, according to reports. The Iraqi army chose not to intervene. The media reports explained without evidence that the decision of the Iraqi armed forces not to intervene was spontaneous characterized by mass defections.

Quote :
Iraqi officials told the Guardian that two divisions of Iraqi soldiers – roughly 30,000 men – simply turned and ran in the face of the assault by an insurgent force of just 800 fighters. Isis extremists roamed freely on Wednesday through the streets of Mosul, openly surprised at the ease with which they took Iraq’s second largest city after three days of sporadic fighting. (Guardian, June 12, 2014, emphasis added)

The reports point to the fact that Iraqi military commanders were sympathetic with the Sunni led ISIS insurgency intimating that they are largely Sunni:


Quote :
Speaking from the Kurdish city of Erbil, the defectors accused their officers of cowardice and betrayal, saying generals in Mosul “handed over” the city over to Sunni insurgents, with whom they shared sectarian and historical ties. (Daily Telegraph,  13 June 2014)

The report is misleading. The senior commanders were largely hardline Shiite. The defections occurred de facto when the command structure collapsed and senior (Shiite) military commanders left the city.

What is important to understand, is that both sides, namely the regular Iraqi forces and the ISIS rebel army are supported by US-NATO. There were US military advisers and special forces including operatives from private security companies on location in Mosul working with Iraq’s regular armed forces. In turn, there are Western special forces or mercenaries within ISIS (acting on contract to the CIA or the Pentagon) who are in liaison with US-NATO (e.g. through satellite phones).

Under these circumstances, with US intelligence amply involved, there would have been routine communication, coordination, logistics and exchange of intelligence between a US-NATO military and intelligence command center, US-NATO military advisers forces or private military contractors on the ground assigned to the Iraqi Army in Mosul and Western special forces attached to the ISIS brigades. These Western special forces operating covertly within the ISIS could have been dispatched by a private security company on contract to US-NATO.


In this regard, the capture of Mosul appears to have been a carefully engineered operation, planned well in advance. With the exception of a few skirmishes, no fighting took place.

Entire divisions of the Iraqi National Army –trained by the US military with advanced weapons systems at their disposal– could have easily repelled the ISIS rebels. Reports suggest that they were ordered by their commanders not to intervene. According to witnesses, “Not a single shot was fired”

   
Quote :
The forces that had been in Mosul have fled — some of which abandoned their uniforms as well as their posts as the ISIS forces swarmed into the city.

   Fighters with the Islamic State of Iraq and Syria (ISIS), an al-Qaeda offshoot, overran the entire western bank of the city overnight after Iraqi soldiers and police apparently fled their posts, in some instances discarding their uniforms as they sought to escape the advance of the militants.


A contingent of one thousand ISIS rebels takes over a city of more than one million? Without prior knowledge that the US controlled Iraqi Army (30,000 strong) would not intervene, the Mosul operation would have fallen flat, the rebels would have been decimated.

Who was behind the decision to let the ISIS terrorists take control of Mosul? Who gave them the “green light”

Had the senior Iraqi commanders been instructed by their Western military advisers to hand over the city to the ISIS terrorists? Were they co-opted?

Was the handing over of Mosul to ISIS part of a US intelligence agenda?

Were the Iraqi military commanders manipulated or paid off into allowing the city to fall into the hands of the ISIS rebels without “a single shot being fired”.

Shiite General Mehdi Sabih al-Gharawi who was in charge of the Mosul Army divisions “had left the city”. Al Gharawi had worked hand in glove with the US military. He took over the command of Mosul in September 2011, from US Col Scott McKean. Had he been co-opted, instructed by his US counterparts to abandon his command?

(image left) U.S. Army Col. Scott McKean, right, commander, 4th Advise and Assist Brigade, 1st Armored Division, talks with Iraqi police Maj. Gen. Mahdi Sabih al-Gharawi following a transfer of authority ceremony on September 4, 2011

US forces could have intervened. They had been instructed to let it happen. It was part of a carefully planned agenda to facilitate the advance of the ISIS rebel forces and the installation of the ISIS caliphate.

The whole operation appears to have been carefully staged.

In Mosul, government buildings, police stations, schools, hospitals, etc are formally now under the control of the Islamic State of Iraq and Syria (ISIS). In turn, ISIS has taken control of military hardware including helicopters and tanks which were abandoned by the Iraqi armed forces.

What is unfolding is the installation of a US sponsored Islamist ISIS caliphate alongside the rapid demise of the Baghdad government. Meanwhile, the Northern Kurdistan region has de facto declared its independence from Baghdad. Kurdish peshmerga rebel forces (which are supported by Israel) have taken control of the cities of Arbil and Kirkuk. (See map above)

Concluding Remarks

There were no Al Qaeda rebels in Iraq prior to the 2003 invasion. Moreover, Al Qaeda was non-existent in Syria until the outset of the US-NATO-Israeli supported insurgency in March 2011.

The ISIS is not an independent entity. It is a creation of US intelligence. It is a US intelligence asset, an instrument of non-conventional warfare.

The ultimate objective of this ongoing US-NATO engineered conflict opposing the al-Maliki government forces to the ISIS insurgency is to destroy and destabilize Iraq as a Nation State. It is part of an intelligence operation, an engineered process of  transforming countries into territories. The break up of Iraq along sectarian lines is a longstanding policy of the US and its allies.

The ISIS is a caliphate project of creating a Sunni Islamist state. It is not a project of the Sunni population of Iraq which historically has been committed to a secular system of government. The caliphate project is a US design. The advances of ISIS forces is intended to garnish broad support within the Sunni population directed against the al-Maliki government

Through its covert support of  the Islamic State of Iraq and al-Sham, Washington is overseeing the demise of own proxy regime in Baghdad. The issue, however, is not “regime change”,  nor is the “replacement” of the al-Maliki regime contemplated.

The division of Iraq along sectarian-ethnic lines has been on the drawing board of the Pentagon for more than 10 years.

What is envisaged by Washington is the outright suppression of the Baghdad regime and the institutions of the central government, leading to a process of political fracturing and the elimination of Iraq as a country.

This process of political fracturing in Iraq along sectarian lines will inevitably have an impact on Syria, where the US-NATO sponsored terrorists have in large part been defeated.

Destabilization and political fragmentation in Syria is also contemplated: Washington’s intent is no longer to pursue the narrow objective of “regime change” in Damascus. What is contemplated is the break up of both Iraq and Syria along sectarian-ethnic lines.

The formation of the caliphate may be the first step towards a broader conflict in the Middle East, bearing in mind that Iran is supportive of the al-Maliki government and the US ploy may indeed be to encourage the intervention of Iran.

The proposed re-division of both Iraq and Syria is broadly modeled on that of the Federation of Yugoslavia which was split up into seven “independent states” (Serbia, Croatia, Bosnia-Herzegovina, Macedonia (FYRM), Slovenia, Montenegro, Kosovo).

According to Mahdi Darius Nazemroaya, the re division of Iraq into three separate states is part of a broader process of redrawing the Map of the Middle East.
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 4:06 am

Uh-oh............ Shocked 

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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 4:13 am

Wait, there's more?  Shocked 

There is.....  Twisted Evil 






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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 4:30 am

Quote :
Convoys Of Russian Tanks Heading For Ukraine Border Ahead Of 2amET Deadline

Written by Zerohedge

As the 'negotiations' between Europe, Ukraine, and Russia were taking place this afternoon, technically unconfirmed reports of convoys of Russian military vehicles moving towards the Ukraine border were growing. As the 2amET gas-cut-off deadline looms, it appears Putin is mobilizing a significant force ahead of what will likely mean retaliatory actions by either Ukraine military forces or Ukraine militants. As InfoResist reports, up to 200 units are moving towards Ukraine from Kaluga and in the Rostov region, Russia.


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Multiple sources also confirm the movement of a large convoy of military vehicles in the Rostiv region towards the border of Ukraine...



And a column of military equipment near Novoshahtinsk...





We are sure this move will be denigrated in the West as an act of aggression... since not only did the Russians decline to play by the West's rules and take a sizable haircut ($300 vs $500) on their already-delivered debt but are now moving military into place to protect its borders...

Keep your eye on the moving ball...

Ukraine's new president, according to The FT, is already asking for the west to imopose fresh sanctions on Russia.


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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 4:33 am

Well....well......It does appear all the chess pieces are nicely set all over the board.

Who will move first? Where will all of this around the world take us?

Isn't this all just very exciting?  clown Which scenario will explode first?

Stay tuned to Earth everybody's favorite reality television show!

I the Joker am your handsome and well spoken host.  Twisted Evil 

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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 6:48 pm

Good or bad? (for you)
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 6:56 pm

There Will Be Blood wrote:
Good or bad? (for you)

Very much good. I desire the collapse of civilization.

Nothing would make me more happier.

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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 7:04 pm

Does that not create a bias?


Anyways, vitually every government on the planet is already bankrupt, it's just a question on how their going to default. Poorer countries or factions will start warring over natural resources, rich countries will start confiscating wealth, save-havens will highly benefit.
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 7:17 pm

There Will Be Blood wrote:
Does that not create a bias?


Anyways, vitually every government on the planet is already bankrupt, it's just a question on how their going to default. Poorer countries or factions will start warring over natural resources, rich countries will start confiscating wealth, save-havens will highly benefit.

What kind of bias are we talking here?

Don't forget global peak energy and what can otherwise also be referred to as social stagnation.

What else am I forgetting here? Oh, yes, can't forget the impending world war either in the mix.  Smile
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 8:20 pm

It could never be an actual war between super powers, we are much likely all dead then. It'll be a bunch of new Vietnam and Aganistan type wars, indirect ones through allies. What we have instead already is a information war which is hot, and a financial war which is cold. It's because the only financial weapons available are those of mutually assured destruction, no one wants that so this stagnation could be going on for a long time. 


The energy crisis is not for a long, long time. There's still plenty in the artic, by the time it's used up the whole system ought to be much more efficient, mabey 99%. If the derivatives markets crash so would fossil fuel prices drastically follow. And there's the war, the economic prosperity it creates for most the sellers is the only thing stoping regional conflicts from really flaring up.


I think it'll be an extremley painful restucturing, mabey lasting generations. 


Richard Duncan and Jim Rickards are the only two guys I really follow. Both the amongst the best of theoreticians, but also former insiders. So they know exactly how the system works, how governments and people are likely to react. Have pretty much perfect predictive track records, and always lay out a multiple of scenarios. 



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The world edged closer to collapse today w/ events in Ukraine, Iraq, Syria, Libya, Nigeria, Pakistan & elsewhere so, of course, stocks rose.
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 8:28 pm

Nuclear war could never happen?  Never under estimate the psychopaths that control the button.

You know what's interesting about a button?  It's always tempting to push it.

Why? Because it's there.

Natural energy out of the arctic? Good luck with that.

I predict this stagnation will only go on another five years at the most.

Maybe even much less time before the big climax develops.
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 8:33 pm

The reason why there is no solution to all future energy crises.



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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 8:40 pm

Quote :
Natural energy out of the arctic? 


That is if they do melt. 


No one really know the exact effect of climate change or nuclear winter, but either one could potentially save us from the other.

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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 8:44 pm

Extremely difficult if not almost impossible to extract any large sum of energy out of the arctic.

Hopefully things won't come to a thermonuclear exchange. I'm hoping for a fast but contained collapse of civilization without a thermonuclear exchange. I am of course being optimistic.

If things go thermonuclear all bets are off and we have our planet becoming a new Mars to look forward to.

Well, not everything is perfect in my perception.  clown 
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 8:54 pm

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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 8:56 pm

I personally think we're going to go from an industrial society back to an agrarian one within the next two hundred years.  That's if we can avoid thermonuclear war on the transition back.

If thermonuclear war does happen on a global scale we will be lucky to survive into another stone age.

I don't see there being a technological solution to the predicament of civilization.
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 10:49 pm

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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyMon Jun 16, 2014 11:11 pm

Imagine how perfect that movie must of been for the time. Other than some foreign stuff which is harder to relate, they just don't make anything of relevance anymore.
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyTue Jun 17, 2014 4:07 am

Quote :
I predict this stagnation will only go on another five years at the most. 

I'll do you better than that. Within the month public debt hits 20trillion its all over.

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Its like watching an impending doom before your eyes. But notice how the deficit just keeps getting lower and lower due to all the QE. The extent of QE along with variables in world events determins timing, all in a 2-15 year range.

In a state of disbelief, must are cushy life styles end one day?
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyTue Jun 17, 2014 10:47 pm

How I Learned To Stop Worrying And Love The Bomb.

Yeah, I really like that movie.  It has always been a favorite of mine. Cult classic!

If any of you ever become privileged to converse with me on the phone I'll have everybody know that I do a near perfect voice imitation of Dr. Strangelove

It's quite elementary really.....

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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyTue Jun 17, 2014 10:54 pm

There Will Be Blood wrote:
Quote :
I predict this stagnation will only go on another five years at the most. 

I'll do you better than that. Within the month public debt hits 20trillion its all over.



Its like watching an impending doom before your eyes. But notice how the deficit just keeps getting lower and lower due to all the QE. The extent of QE along with variables in world events determins timing, all in a 2-15 year range.

In a state of disbelief, must are cushy life styles end one day?

Back in 2008 around the Lehman Brothers fiasco I remember reading an article by a profound Austrian economist.

In the article he seemed to think that the United States economy as it exists now wasn't going to be able to last beyond 2022.  He stated it was just mathematically impossible even with all the quantitative easing and printing of money.

He did a brilliant analysis on the subject where that is my timeline on looking at things.

Sometime between now and 2022 the United States is going to economically crash.  It's going to be epic where a world conflict of some kind will inevitably come out of it.

When this world conflict inevitably emerges the United States will become global public enemy number one as the sole creator of it all.

Having grown up here in the United States I can think of no other kind of society that deserves to be wiped off the face of the planet.
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyTue Jun 17, 2014 11:09 pm

Look kids, they're preparing to block and bar all the exits.  clown 

Now, why would they do that?

Could it be that they know the entire house is about to catch fire?  Twisted Evil  pirat

What is it they know that a majority of the sheople don't?  


Quote :
Fed Prepares For Bond-Fund Runs, Looking At Imposing "Exit Fee" Gates

Written By Zerohedge

It was two short years ago that the Fed, in its relentless attempt to push everyone into the biggest equity bubble of all time, did something many thought was merely a backdoor ploy to forcibly reallocate capital out of the $2.7 trillion money market industry and into stocks when, as we wrote in July 2012, it contemplated imposing suspensions of fund redemptions to "allow for the orderly liquidation of funds assets." Or in other words "gate" money markets.

Since then various iterations of this proposal have been attempted, either by the Fed or the SEC, however due to stern industry push back (and the relatively modest amount of money at stake) the attempt to force investors to rotate their funds out of money markets (because it is quite clear that if the Fed is hinting at gating issues with a given asset class, it is only a matter of time before the hint becomes a reality) has failed, and as a result the total amount of notional capital held at money market funds has been largely unchanged in recent years.

Here comes attempt number two.

Only this time it is no longer aimed at money market funds, but that other most hated, by the Fed, asset class: bond funds, whose relentless inflows, we shouldn't have to remind readers are the main reason why the propaganda myth of a recovery, and the resulting con game, keep crashing and burning, as it is impossible to spin a 2.5% 10 Year yield as indicative of anything remotely resembling a recovery, and shows at best, a semi-deflationary world. Said inflows also are recurring evidence that whatever retail money remains unallocated, continues to go into the one asset class which is actively disparaged by the Fed at every opportunity.

In brief, if anything, the Fed would prefer that all retail investors pull their money out of bonds funds (and money markets of course), and invest them into 100x+ P/E biotech stocks. Because after all, today's stock market is nothing but the biggest Fed-propped Ponzi scheme in existence.

And in order to achieve that, according to the FT, "Federal Reserve officials have discussed imposing exit fees on bond funds to avert a potential run by investors, underlining regulators’ concern about the vulnerability of the $10tn corporate bond market."

FT justifies this latest unprecedented pseudo-capital control by sayng that "officials are concerned that bond-fund investors, as with bank depositors, can withdraw their money on demand even though the assets held by their funds are long-term debt and can be hard to sell in a crisis. The Fed discussions have taken place at a senior level but have not yet developed into formal policy, according to people familiar with the matter."

Quote :
“So much activity in open-end corporate bond and loan funds is a little bit bank like,” Jeremy Stein, a Fed governor from 2012-2014 told the Financial Times last month, just before he stepped down. “It may be the essence of shadow banking is ... giving people a liquid claim on illiquid assets.”


The Fed's justification for this latest bazooka approach in forced capital reallocation:

Quote :
Exit fees would seek to discourage retail investors from withdrawing funds, thereby making their claims less liquid and making a fire sale of the assets more unlikely.

"Oddly" there is nothing in the Fed's proposal about gating the most overvalued asset classes of all, equities, or say, biotechs and momo stocks, where the drawdowns, when they happen, are so fast and vicious, the bulk of hedge funds are still down for the year precisely because they were all led like obedient sheep into the Div/0 PE slaughter. Also, memory is a little fuzzy, but in the days after Lehman, it was equity hedge funds that promptly gated all their investors.... not bond hedge funds, which in fact were scrambling to deal with the influx of new funds.

Also, it goes without saying that "discouraging investors" from withdrawing funds is the last thing on the Fed's mind, which knows very well that when it comes to investor behavior all that matters is how the Fed's future intentions are discounted.

And with this unprecedented step, the Fed is sending a very clear message: it may be next year, or next month, or next week, but quite soon you, dear retail bond-fund investor, will be gated and will be unable to pull your money.

The only thing that was missing from the FT piece was a casual reference to Cyprus.

So what is the obvious desired outcome, at least by the Fed? Why a wholesale panic withdrawal from bond funds now, while the gates are still open, and since those trillions in bond funds have to be allocated somewhere, where will they go but... stock funds.

In other words, now that the Fed is pulling away from injecting tens of billions of liquidity into the market every month, it is hoping the investing population will pick up the torch. And since it has failed to incite the mass reallocation of funds from bonds to stocks, the Fed is willing to use every trick in the book to achieve its goal.

Sure enough, "introducing exit fees would require a rule change by the Securities and Exchange Commission, which some commissioners would be expected to resist, according to others familiar with the matter." However, those commissioners would be promptly silenced when a joint effort between the NSA and the Fed were to threaten the release of embarrassing photographs or conversations to the general public. And watch how all dissent promptly disappears, and the Fed once again demonstrates it is increasingly more helpless in not only preserving the biggest asset bubble in US history, but at modeling and nudging human behavior.

Sadly for the Fed, America is now on to its endless bullshit experiments. Because absent an executive order from Obama demanding that Americans invest every spare Dollar in a Ponzi scheme, this too attempt to forcibly reallocate capital from Point A to Point B will fail.

Which, however means one thing: since the Fed is so desperate it has to float trial balloons of this nature in the financial press, the untapering can't be far behind, and with it QEternity+1.

Finally, just like in Europe with its revolutionary NIRP experiment, it will also confirm that the real economy has never been worse than it is now.
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyTue Jun 17, 2014 11:27 pm

I hope they have plenty of fire wood and wool sweaters to keep warm in the Ukraine when winter comes.

If there are any beautiful Ukrainian women out there worried about cold nipples with the onslaught of oncoming winter reading this let the Joker here know about it.  I'll keep you warm through the winter time.  Twisted Evil 

Hmm....Central Europe might get fucked out of this also through the winter.

In fact if you're a worried beautiful European woman period reading this contact me.  clown 



Quote :
Russia Halts Gas Supplies To Ukraine

Written by Zerohedge

After weeks of worthless foreplay whose outcome was known from the beginning despite just as worthless EU middleman Oettinger assuring everyone a deal was imminent any second now, overnight we got the long-anticipated mutual defection outcome and - as we warned - negotiations between Gazprom and Ukraine/EU fell apart with the Russian energy giant halting supplies to Ukraine unless Kiev prepays any and all gas deliveries from now on. Gazprom said it hadn't received payment for a debt it put at $4.458 billion by the Monday deadline it had set. "Ukraine will receive gas only in the amounts it has paid for," Gazprom said.

The reason for the collapse in talks: Kiev wants to pay $268.5 per 1,000 cubic meters of gas - the price it had been offered when Yanukovich was in power - but, in a compromise last week, said it would agree to pay $326 for an interim period until a lasting deal was reached. Moscow had sought to keep the price at the 2009 contract level of $485 per 1,000 cubic meters, but had offered to waive an export duty, bringing down prices by about one-fifth to $385, which brings it broadly into line with what Russia charges other European countries.

In other words, the delta was less than $60, and certainly a "fair" offer to Ukraine considering it is what Europe pays. However, it wasn't low enough for Kiev, which certainly is out of money once again having to spend the bulk of its IMF/EU aid to keep its military armed, and the only logical outcome - one in which the country would no longer receive something for nothing - transpired.

This hardly will be surprising to anyone: moments ago Gazprom CEO Miller added that Ukraine is unable to pay for its gas obligations in arrears, something the Ukraine side had confirmed previously when Miller added Kiev had been pumping Russian gas in its underground storage facilities at a blistering pace preparing for just this eventuality.

End result, a few hours ago, Gazprom made the following announcement: "Today, from 10:00 a.m. Moscow time, Gazprom, according to the existing contract, moved Naftogaz to prepayment for gas supplies ... Starting today, the Ukrainian company will only get the Russian gas it has paid for."

Gazprom also warned EU on "possible gas transit risks", meaning since all the gas sent to Europe transits Ukraine, it was quite possible Kiev would simply continue to siphon off Russian gas without paying for it. The problem there, however, is that the parties impacted would be Ukraine's BFFs: Germany, central Europe, and, of course, the UK. And what better way to sow discord among otherwise bosom friends than have them start fighting for Russia's energy scraps...

And now the question: how long before Ukraine's alleged 14 BCM in gas held in storage runs out and Kremlin once again has all the leverage. According to simple estimates, a few months at most, and certainly just in time for Ukraine's winter.



   
Quote :
Gazprom said on Monday it had filed a lawsuit at the Stockholm arbitration court to try to recover the debt, while Ukraine's Naftogaz said it was filing a suit at the same court to recover $6 billion in what it said were overpayments.

   

   A source at Gazprom said supplies to Ukraine had been reduced as soon as the deadline passed. EU data suggested that volumes were broadly stable as of 0630 GMT (7.30 a.m. BST), but it could take hours for data on Russian gas flows via Ukraine to reflect any reduction in supply in Slovakia or elsewhere.

   

   Any reduction of supply could hit EU consumers, which get about a third of their gas needs from Russia, around half of it through pipelines that cross Ukraine. Earlier price disputes led to the 'gas wars' in 2006 and 2009 and Russian accusations that Ukraine stole gas destined for the rest of Europe.

   

   "The gas for European consumers is being delivered at full volume and Naftogaz Ukraine is required to transit it," Gazprom spokesman Sergei Kupriyanov told reporters.

   

   Ukraine's Naftogaz declined to comment, saying it would issue a statement later in the day, but its pipeline operator Ukrtransgaz said it was operating normally.

The "market" was quick to react and "punish" Gazprom:

Quote :


   Russian shares fell on the talks' collapse, which will increase tensions between Moscow and the West and could make it harder to arrange a truce in east Ukraine, where Ukrainian troops are fighting rebels who want the region to be absorbed by Russia.

   

   At 0740 GMT, the dollar-denominated RTS index was down 2.2 percent at 1344 points, while the rouble-based MICEX slid 1.7 percent to 1,476 points, with investors fearful of growing tensions after the failure of talks.

   

   Western countries see the talks as a gauge of Putin's willingness to compromise and had been looking for signs that he was trying to avert the threat of more Western sanctions.

   

   Tensions were already high following Russia's annexation of Crimea after Moscow-leaning president Viktor Yanukovich was ousted and pro-Western leaders took over power in Kiev.

And now that Russia has not only cut off Ukraine but is allegedly once again piling up troops at the border following this weekend's bloodiest escalation yet, it is surely time to BTFD and BTFATH at the same time, because very soon it will surely be time for "Mr Chairman/woman to get to work" and inject gobs more liquidity to give the impression that all is still well.
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyWed Jun 18, 2014 2:42 am

American Exceptionalism!

We're number one baby! We're number one in gross national debt!

Uncle-Suga needs you to help pay down that debt slave!

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Quote :
The United States Of Debt: Total Debt In America Hits A New Record High Of Nearly 60 Trillion Dollars



Submitted by Michael Snyder of The Economic Collapse blog,

What would you say if I told you that Americans are nearly 60 TRILLION dollars in debt?  Well, it is true.  When you total up all forms of debt including government debt, business debt, mortgage debt and consumer debt, we are 59.4 trillion dollars in debt.  That is an amount of money so large that it is difficult to describe it with words.  For example, if you were alive when Jesus Christ was born and you had spent 80 million dollars every single day since then, you still would not have spent 59.4 trillion dollars by now.  And most of this debt has been accumulated in recent decades.  If you go back 40 years ago, total debt in America was sitting at about 2.2 trillion dollars.  Somehow over the past four decades we have allowed the total amount of debt in the United States to get approximately 27 times larger.  This is utter insanity, and anyone that thinks this is sustainable is completely deluded.  We are living in the greatest debt bubble of all time, and there is no way that this is going to end well.  Just check out the chart...

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When the last recession hit, total debt in America actually started going down for a short period of time.

But then the Federal Reserve and our politicians in Washington worked feverishly to reinflate the bubble and they assured everyone that everything was going to be just fine.  So Americans once again resorted to their free spending ways, and now total debt in the United States is rising at almost the same trajectory as before and has hit a new all-time record high.

We see a similar thing when we look at a chart for consumer debt in America...

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For a while after the recession it was trendy to cut up your credit cards and get out of debt.

But that fad wore off rather quickly, didn't it?

It is almost as if 2008 never happened.  We are making the same mistakes with debt that we did before.

As I noted recently, total consumer credit in the U.S. has risen by 22 percent over the past three years alone, and at this point 56 percent of all Americans have a subprime credit rating.

And have you noticed that a lot of people are not afraid to extend themselves in order to buy shiny new vehicles these days?

During the first quarter 0f this year, the size of the average vehicle loan soared to a new all-time record high of $27,612.

Five years ago, that number was just $24,174.

And as I noted in one recent article, the size of the average monthly car payment in this country is now up to $474.

That is practically a mortgage payment.

Speaking of mortgage payments, even though home sales have been falling and the rate of homeownership in the United States is the lowest that it has been in 19 years, a very large percentage of those who own homes are still overextended.

In fact, one recent survey discovered that a whopping 52 percent of Americans cannot even afford the house that they are living in right now.

At the same time, an increasing number of Americans are acting as if the last financial crisis never happened and are treating their homes like piggy banks.   Home equity loans are soaring again, and when the next great crisis strikes a lot of those people are going to end up getting into a lot of financial trouble.

There has been much written about what is wrong with the housing industry, but the truth is that home prices are still way too high and young adults cannot afford to purchase homes because they are already loaded down by huge amounts of debt even before they get to the point where they are ready to buy.

In fact, a newly released survey found that 47 percent of millennials are spending at least half of their paychecks on paying off debt...


Quote :
   Four in 10 millennials say they are "overwhelmed" by their debt -- nearly double the number of baby boomers who feel that way, according to a Wells Fargo survey of more than 1,600 millennials between 22 and 33 years old, and 1,500 baby boomers between 49 and 59 years old.

   

   To try to get out from underneath it, 47% said they spend at least half of their monthly paychecks on paying off their debts.

When I read that I was absolutely astounded.

Of course the biggest debt that many young adults are facing is student loan debt.  According to the Federal Reserve, there is now more than 1.2 trillion dollars of student loan debt in this country, and about 124 billion dollars of that total is more than 90 days delinquent.

What we have done to our young people is shameful.  We have encouraged them to sign up for a lifetime of debt slavery before they even understand what life is all about.  The following is an excerpt from my previous article entitled "Is College A Waste Of Time And Money?"...


Quote :
   In America today, approximately two-thirds of all college students graduate with student loan debt, and the average debt level has been steadily rising.  In fact, one study found that "70 percent of the class of 2013 is graduating with college-related debt – averaging $35,200 – including federal, state and private loans, as well as debt owed to family and accumulated through credit cards."

   

   That would be bad enough if most of these students were getting decent jobs that enabled them to service that debt.

   

   But unfortunately, that is often not the case.  It has been estimated that about half of all recent college graduates are working jobs that do not even require a college degree.

Considering what you just read, is it a surprise that half of all college graduates in America are still financially dependent on their parents when they are two years out of college?

According to the U.S. Census Bureau, only 36 percent of all Americans under the age of 35 own a home at this point.  That is the lowest level that has ever been recorded.

And we are passing on to our young people the largest single debt in all of human history.  Weighing in at 17.5 trillion dollars, the U.S. national debt is a colossal behemoth.  And almost all of that debt has been accumulated over the past 40 years.  In fact, 40 years ago the U.S. national debt was less than half a trillion dollars.

But this is just the beginning.  As the Baby Boomer "demographic tsunami" washes through our economy, we are going to be facing a wave of red ink unlike anything we have ever contemplated before.

Meanwhile, the rest of the planet is drowning in debt as well.

As I wrote about the other day, the total amount of debt in the world has risen to a new all-time record high of $223,300,000,000,000.

Our "leaders" keep acting as if these debt levels can keep growing much faster than the overall level of economic growth indefinitely.

But anyone with even a shred of common sense knows that you can't spend more money that you bring in forever.

At some point, a day of reckoning arrives.

2008 should have been a major wake up call that resulted in massive changes.  But instead, our leaders just patched up the old system and reinflated the old bubbles so that they are now even larger than they were before.

They assure us that they know exactly what they are doing and that everything will be just fine.

Unfortunately, they are dead wrong.
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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyWed Jun 18, 2014 4:38 am

Look at what we have here.

Looks like somebody wants world war III a little early.....

Russian separatists?

Russian government?

Ukrainian military stooges?

CIA?

Quote :
Ukraine-Russia Near "Serious Conflict" Following Explosion In Largest European Gas Transit Pipeline

Written by Zerohedge

With 2 Russian TV journalists killed in recent days and on the heels of Russia's cutting off Ukraine's gas supply for non-payment, Interfax is reporting that:



*EXPLOSION ON UKRAINE GAS TRANSIT PIPELINE REPORTED: IFX
*INTERFAX CITES UKRAINE INTERIOR MINISTRY ON GAS PIPELINE BLAST


Witnesses say flames are reaching 200 metres high. Gazprom shares are tumbling on the news (as should European stocks) and Russia's Foreign Affairs Committee Chief Aleksei Pushkov warned relations between Ukraine and Russia have entered a new stage and are "moving closer towards a serious conflict."

As RT reports,



Quote :
An explosion has struck a pipeline in the eastern Ukrainian Poltava region. Witnesses say flames from the blast are up to 200 meter high, RIA Novosti reports.

The “Brotherhood” natural gas pipeline (Urengoy-Pomary-Uzhgorod) is about one kilometer away from the nearest settlement. No injuries have been reported from the blast. Fire fighting crews have been deployed to the scene.

Operating since 1967, the “Brotherhood” is the largest consumer gas pipeline in Europe, clocking in at 4,451 km. It cuts through Ukraine and runs into Slovakia, where it diverges in two directions; with one part supplying gas to the Czech Republic, Germany, France and Switzerland, and the other to Austria, Italy, Hungary and several countries in the Balkans.

Pipeline faucets are being tuned off as fire fighters still can’t put out the flame.

As Bloomberg reports,

Quote :
Relations between Russia and Ukraine have entered a new stage and are "moving closer towards a serious conflict", said State Duma Foreign Affairs Committee chief Aleksei Pushkov.



Russia did not recognise unilateral border demarcation by Ukraine which was "contrary to all norms of international law", Russia's ITAR-TASS news agency quoted Pushkov as saying Tuesday.



"An attack on the Russian embassy, an attempted attack on the consulate-general in Odessa, insults to the Russian president, regular arrests of Russian journalists -- I think this is a deliberate decision co-ordinated with the U.S -- all these are links of one chain," he said.


We are sure the explosion/fire on the pipeline will further this sentiment.

Update:

*UKRAINE MINISTRY: FIRE BROKE OUT ON GAS PIPLINE, NO EXPLOSION
*UKRAINE MINISTRY SAYS INVESTIGATING CAUSE OF GAS PIPELINE FIRE

Coincidental "fire"?

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PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. EmptyThu Jun 19, 2014 9:47 am

There Will Be Blood wrote:
Imagine how perfect that movie must of been for the time. Other than some foreign stuff which is harder to relate, they just don't make anything of relevance anymore.

Yeah Kubrick really captured the reality of the situation... and imbued it with an understanding of psychology and sexuality which very few films can match. And the performances. Peter Sellers was ridiculously talented. I don't know which of his characters I liked most.
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The Upcoming Chaos Of The United States And The Entire World. Empty
PostSubject: Re: The Upcoming Chaos Of The United States And The Entire World. The Upcoming Chaos Of The United States And The Entire World. Empty

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