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Brexit opens floodgate of referendum requests on major Shmitah data point

June 24 was not only a red letter day for Britain, the European Union, and the global financial system, it was also a important numerological day in the Shmitah year calendar.  That is because the day the British people voted to take back their sovereignty and leave the EU, it was exactly 7 years, 7 months, 7 weeks and 7 days since September 29, 2008... the day the U.S. stock market crashed by 777 points. Y ...

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Japan’s 75 year old finance minister intimates that the elderly should die to aid economy

Perhaps it's time we add euthanasia to the monetary polices of Keynesian ideologues after the 75 year old Finance Minister for the nation of Japan intimated that all the elderly should keel over and die to aid their insolvent economy. In a speech given recently to prompt the wealthy in Japan to stop saving their money and instead spend it more, Taro Aso referenced watching a television show which featured a ...

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U.S. overtakes EU in trade with Russia despite U.S. created sanctions against the Eurasian power

The United States has long been a hypocrite when it comes to economic and foreign policies.  They are willing to sanction anyone who exhibits or creates an environment not in line with the empire's whims, but at the same time are more than happy to deal with terrorists, human right abusers, and dictators if it furthers their own financial and political goals. Case in point.  Back in early 2014, the Obama ad ...

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Brazil’s economic and political turmoil put Olympic games in serious doubt

The Zika virus scare aside, it is the economic and political turmoils taking place right now in Brazil that are not only threatening societal chaos, but are also putting the 2016 Summer Olympic games in doubt. With just under 50 days until the world's athletes travel to Rio to compete in the 31st Olympiad, the Brazilian government in the State of Rio de Janeiro just declared a state of Public Calamity, warn ...

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Au contraire Virginia, Congress can evoke bailouts during any financial crisis

In the aftermath of a negative public reaction to the bailing out of banks with taxpayer money following the 2008 Credit Crisis, Congress passed a law in which future crises in the financial system would be settled using the bank's own customer accounts in what would become known as a bail-in procedure. Yet on June 13, the possibility of a taxpayer bailout of a financial institution or sovereign government ...

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Bitcoin jumps $50 overnight, reaches two year high against the dollar

2016 is quickly becoming the year of the alternative or non-dollar forms of money.  Since January, gold and silver have outperformed every other currency, and are in fact two (gold being number one) of the best performing assets for the year. But there is another form of money that has risen in value just as much as gold and silver, but is hardly being mentioned at all in the mainstream.  And with a sudden ...

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Former Fed President announces at conference that all his rich friends are hoarding cash

Thanks to the power of the internet and youtube, virtually anything post-1990 can be found in some capacity within the ether.  And for those who did just a small amount of digging, they know that the last two Federal Reserve Chairman admitted they were clueless regarding the housing bubble and stock markets crashes of 2007 and 08. Yet one regional Fed President did forecast the collapse, but was regularly i ...

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Exclusive: Bilderberg Planning to Trigger Financial Collapse

For the second time in the space of ten years, the powerful Bilderberg group is plotting to trigger a financial collapse, with elitists already positioning themselves to profit from the next economic meltdown. As we reported back in 2006 during the Bilderberg Group’s meeting in Ottawa, Canada, leaked information from an American delegate revealed that insiders were preparing for the housing bubble to burst ...

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Western debt based economics: It now takes $10 of debt to create $1 of GDP growth

When central banks embark on fiscally irresponsible monetary policies, they tend to create anomalies that lead to economic crashes, bubbles, and as we are seeing in places like Greece and Japan, eternal deflationary growth. But the United States for the time being is different, and this is because they still remain the sole keeper of the global reserve currency.  And this means that they can print endless m ...

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For workers, forced minimum wage hikes equals unemployment

Following a number of U.S. municipalities forcing through legislation to raise the minimum wage either towards or to the goal of $15 per hour, early results from these controversial policies are in.  And as expected by most logical analysts, the artificial push in higher wages is leading to massive layoffs and higher unemployment. In Washington D.C., where the district supports the seat of American governme ...

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Quarterly sales of silver Canadian Maple Leafs hit new record

Investors of precious metals can thank the Fed's jawboning, and the bullion bank's manipulation of both gold and silver, to allow for perhaps the greatest bargain ever in a discounted price measured for inflation.  And because of this, the Canadian Mint reported on June 7 that more silver Maple Leaf coins were sold in the first quarter than at any time in their history. Sales of Canadian bullion hit a new r ...

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China on path to surpass the U.S. in foreign acquisitions

Ever since 2007 the United States has led the world in foreign acquisitions.  However, with China already surpassing their last year's numbers through the first five months of 2016, the Asian power is on pace to usurp America's position as the global leader in offshore asset purchases. China's purchases of foreign businesses and assets extend all the way across the globe, including even the U.S. itself when ...

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