Euro Risk Due To Possible Return Of Italy To Lira – Drachmas, Escudos, Pesetas and Punts?

Euro Risk Due To Possible Return of Italy To Lira – Drachmas, Escudos, Pesetas and Punts?

The European status quo and EU elites are becoming increasingly concerned by popular calls in Italy for Italy to leave the European Monetary Union and the euro “as soon as possible” and return to the lira.

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Hannity is intellectual terrorism billboard financed by Startjoin.com crowd

The billboard financed by the crowd at StartJOIN.com has gone up overnight in Chicago!

Here it is in situ:


Here is the original:

HANNITY_small


No can do: Li unable to meet Ukraine president due to ‘full schedule’

li



Our New Robot Overlords & The Third Type of Capital

Fortune will instead favor a third group: those who can innovate and create new products, services, and business models.

A recent issue of Foreign Affairs sported a catchy cover teaser: Our New Robot Overlords. This brings to mind various sci-fi scenarios, but the actual article title is academic to the point of obscurity: Labor, Capital and Ideas in the Power Law Economy.

Rather than rehash the usual failed Keynesian Cargo Cult economics, the authors describe three powerful ideas that resonate very strongly with my own work:

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State Asset Sell Off

When the Troika Banksters formally took over our economy in 2010 a small group of Irish people met with Max and Stacy in Dublin. Max asked if Irish people were a state of shock or just suffering from Stockholm Syndrome swallowing blindly the Irish MSM’s compliant line?  ‘The banksters have their eyes on the assets of the Irish people and they want them cheap!’ said Max. Although I had campaigned bitterly against NAMA ( a slush fund for big property developers) and considered myself aware, it was my Sunday Businness Post he was brandishing from the table he was standing on as he roared all this out. The shock tactic worked. Everyone in that room woke up out of the grief that held us immobilized. Now the corporatization of one of our most precious resources is the shock that has awoken the people of Ireland from their collective bankster/MSM induced PTSD. Politicians are running scared as we change our personal and collective narrative of powerlessness.

‘In November 2009, Fine Gael published a document titled New Era, with a plan for “bringing all of Ireland’s water assets under the ownership of one state company, Irish Water”. Read more ›


More QE? These Charts Show the Pauperization of Workers in the UK and America since 2008

These are the designated losers of monetary policy. And there are a lot of them.

Read…   More QE? These Charts Show the Pauperization of Workers in the UK and America since 2008 


Why Nations (and organizations) Fail: Self-Serving Elites

For those who doubt that America is ruled by a narrow elite: three charts.

The book Why Nations Fail: The Origins of Power, Prosperity, and Poverty neatly summarizes why nations fail in a few lines:

(A nation) is poor precisely because it has been ruled by a narrow elite that has organized society for their own benefit at the expense of the vast mass of people. Political power has been narrowly concentrated, and has been used to create great wealth for those who possess it.

Sound like any countries you know?Perhaps we should flip this question around and ask: how many nations don’t fit this profile?

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[KR668] Keiser Report: Punk Rock Gobbing from Central Bank

We discuss Johnny Rotten calling Russell Brand a ‘bum hole’ and offer the Keiser Report show as a platform for a debate between the two. Max notes that quantitative easing is the central bank equivalent of punk rock gobbing. We highlight several of the many market distortions similar to the insanity leading up to the 1929 market crash – including $140,000 AUD cats. In the second half, Max continues with his interview of Professor Antal Fekete of FeketeResearch.com about how the 1921 bond market collapse led the US Federal Reserve & Treasury conspiring to illegally introduce open market operation, leading to a situation in which profits in the bond market are risk free while profits in the commodity market are NOT risk free.


Chris Powell: Gold to Be Revaluated Upwards Substantially Overnight

GATA’s Chris Powell joins us this week for a power packed show discussing:

  • Powell’s view on the endgame- Central banks will revaluate gold upwards substantially overnight, after which the gold suppression will start again from a much higher level  
  • Massive Chinese gold accumulation: China doesn’t want a free market, they want control of the gold market!
  • If Gold & Silver Markets Are Not Rigged, They Are the Only Markets Not Rigged- Free markets are restraints on Central bank power!
  • Physical vs. certificate bullion- Chris asserts that if you’re taking certificates at a bullion bank, you might as well flush your money down the toilet!  
  • Physical PM investors are fighting every central bank in the world- they won’t relinquish their power easily until the last ounce of metal is drained from the markets.
  • Is the collapse of the fiat system imminent, or will the struggle against Central banks go on for decades?

Click here for the SD Weekly Metals & Markets With Special Guest Chris Powell:

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Bitcoin remittances help poor people

Bitcoin-remittances-could-be-answer-to-money-transfer-woes-IHB-News

As use of mobile phones and internet trickle through all strata of society, the relationship that binds immigrants and their place of origin has grown stronger. Those who have moved away from home, for better economical, educational or career opportunities…..

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Welcome to Arcadia – The California Suburb Where Wealthy Chinese Criminals are Building Mansions to Stash Cash

In some California communities, 90% of real estate buyers are from China. Yes, 90%. Naturally, many of them are buying multi-million dollar homes in “all cash” transactions.

Well it appears that one of those communities is the 57,000 person Los Angeles suburb known as Arcadia. The suburb had a relatively insignificant Asian population of 4% in 1980, but it is now 59%. Of course, I could care less what the ethnic mix of any particular suburb is, but what does concern me is that a lot of the recent money coming in seems to be from questionable characters. The buyers are getting access to U.S. real estate via the EB-5 visa program, and of the 10,000 of these given away this year, 85% went to the Chinese. Oh, and it’s estimated some 20% of these home sit vacant. A great use of resources…

Read the rest here.

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Get free maxcoins for posting at http://www.economyforums.com/

To involve people in the Maxcoin community and to support quality discussions about economy I give free maxcoins for people who do post at http://www.economyforums.com/

How to get free maxcoins:
1. Register as a member and fill in your Maxcoin address;
2. Post on the forums about economic and financial themes;
3. Get maxcoins for every quality post you do.

More info at:
http://www.economyforums.com/viewtopic.php?f=15&t=2

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