12215 Gleaning Antichrist NWO ECB D-Day 666 Mark Of The Beast Rising Debt From The Bottomless Money Printing Pit Europa Whore(s) Of This Terminal Babylon Generation Global Borderless BTFD Cup Of Fornication Prophetic Strong Delusion Overflowing With The Wine Of Wrath SUDDEN DESTRUCTION GREAT TRIBULATION HELL TO PAY
Here is the wisdom! He who is having the understanding, let him count the number of the beast, for the number of a man it is, and its number [is] 666.
We are now in service to our system of money, not the other way around. That is, we have a money system to which we are now slaves.
That moment of failure is coming closer and closer. Recent actions by central banks have exposed their increasingly desperate mindset and have even called into question the one thing that absolutely cannot ever be questioned: the ability of the central banks to deliver on the promise of endless growth.
Central bank credibility (as fictitious as that may be) is essential to maintaining the current narrative, BUT central banks are rapidly losing their credibility (which should have happened simply via deductive reasoning a long time ago) and the strains are showing. Their actions are increasingly wild and extreme (SNB, anyone?), and it’s our view that 2015- 2016 will mark the end of this long run of overly-ambitious central bankers and over-complacent markets.
When credibility in central bank omnipotence snaps, buckle up. Risk will get re-priced, markets will fall apart, losses will mount, and politicians will seek someone (anyone, dear God, but them) to blame.
in just 10 years, give or take a little, China will consume as much coal by itself as the entire world does today.
But then what? What about the next 10 years after that? Eventually, we all have to come to the same conclusion: it’s just not possible for China to double its coal consumption forever. Sooner or later, real physical and environmental limits apply.
It’s Already ‘Later’
My argument is that it’s already ‘later’. We’re living through the period of time when that dawning recognition of limits will finally burst over the horizon, shining a very bright spotlight on a frightening number of our global society’s unsustainable practices.
Yes, the above juxtaposition makes all the sense in the world. It is entirely reasonable that a state drifting toward insolvency and/or ruinous taxation should be able to borrow 10-year money at 0.70%. That is, when the fix is in, the central bank printing press is open to buy, the apparatchiks are terrified and one of history’s greatest monetary charlatans is in charge——the speculators have nothing to do but harvest their haul.
Once again, if you have been ”paying attention” you know how easy it was to position yourself in this evil corrupt global market system of today’s terminal generation by ”buying the dip” etc… If you saw and heard your market position say to you today ”take some of your gains at todays close” and buy lunch for everyone that didn’t accept the mark of the beast offer of temptation ”trade the MARKet you are given” it doesn’t matter, YOU SHALL REMAIN AS YOU WERE SEALED AND UNBECOMING!!! If you have not been watching, and you are still dumb enough to be working and taxed on your labor while your savings account shouts ”ZERO INTEREST STUPID STOP YOU FOOL!”, just take a long hard look at the next child, even your own. Look at them and say ”I am not your brothers keeper, I am become the destroyer of worlds”.
If you are standing fast, and doing no harm, well done. That was the only thing you could have done with this global Antichrist NWO 666 sealed global mark of the beast market Sirius debt seal upon labor now. Everyone else that provided labor unto the beast and drank from the BTFD Cup Of Fornication ”IS” is not of the 99 and 1 Percent. You are among the remnant gleaning the end time harvest field, those Saints that did not provide labor unto the self devouring beast and certainly did not accept the satanic short term gain offer upon the market altar of Moloch. All those that did, did so upon the altar of the Earth, and the fires of the Second Death await every willful fool that accepted the lie ”you shall not surely die”. It wasn’t just a human child ritual sacrifice, offering labor unto the beast, buying selling and trading the market of Moloch, it was another day of judgment, when; the hosts of contempt, that love not The Truth, were given the prophetic strong delusion, and, as a result, they are now condemned by our Father in Christ. The prophetic seal of certain destruction has come this hour because they did not turn from their wickedness and have called for their own judgment to come upon their head.
If you see your enemy hungry, go buy him lunch;
if he’s thirsty, bring him a drink.
Your generosity will surprise him with goodness,
and God will look after you.
Aside from the king’s illness and questions over succession, Saudi Arabia is faced with a series of regional and economic threats.
oil prices are now at levels that cause real concern on the streets of Saudi Arabia, with the prospect of succession the icing on top that has caused retail investors to take the market down another leg. This policy may not make it through a succession period, where public support and good will is essential, particularly as it has nearly been 20 years since the last change.
The new regent could decide to keep existing policy, change it completely or anything he decides. Similarly he has free reign to realign Saudi Arabia’s foreign policy as he wishes, which is a discussion for another time and place, but could have significant regional impacts.
This uncertainty should normally increase oil prices, but instead we see them down again today, just as Libyan civil war over resource control (as discussed here: http://bit.ly/ecstrat4, p 13) where production looks to be back at year lows of 200kbpd versus the 900kbpd that apparently kicked off this rout, actually saw prices fall again.
After first falling ill and being hospitalized in December, Saudi Arabia officials have announced:
*ANTICHRIST NWO 666 SAUDI ARABIAN KING ABDULLAH DIES, ANTICHRIST NWO 666 CROWN PRINCE SALMAN SUCCEEDS: STATE TV
As we noted previously when considering this possibility, “a new Antichrist NWO 666 King can do (almost) anything he wants, including changing oil policy.” 79-year-old Antichrist NWO 666 PetroDebt Dollar Crown Prince Salman has been named succesor (and has his own health issues). Oil prices popped around 80c on the news.
Antichrist NWO 666 Terminal Generation Fun-durr-mentals….
Repeat after us “everything is awesome” and the “crisis has passed”
Of course, this means that the time to frontrun the expansion of ECB QE 1 has begun. The only problem is that for Draghi to act, stocks will have to crash first, and they can’t crash if they are frontrunning the event that follows from their crash..
And since there is nowhere near enough bond supply in Europe, the ECB will have to proceed with monetizing, drumroll, stocks.
Should the ECB target such an expansion of its balance sheet, it would have to ease some conditions on its bond purchases (liquidity rule, quality…) or contemplate other asset classes- equity stocks, Real Estate Investment Trust-(REIT), Exchange-traded fund (ETF)…- as the BoJ, previously.
Because what tens of millions of unemployed Europeans really need to help their lot in life, and to boost their confidence, is for the central bank to buy the stocks sold by the richest 0.001%.
The potential amount of QE needed is €2-3 trillion! Hence for inflation to reach close to a 2.0% threshold medium term, the potential amount of asset purchases needed is €2-3tn, not a mere €1tn. Should the ECB target such an expansion of its balance sheet, it would have to ease some conditions on its bond purchases (liquidity rule, quality…) or contemplate other asset classes- equity stocks, Real Estate Investment Trust-(REIT), Exchange-traded fund (ETF)…- as the BoJ, previously.
So the onus will remain on delivery of better-designed fiscal policy and structural reform. But it is difficult to be hopeful on these fronts.
“These decisions by the central banks have virtually no impact whatsoever on the underlying economy over the longer-term. They did what they had to do because the European banking system as well as the economy is in dire straits.
Central banks still believe that by printing money they can kick-start their economies and save the financial system. That’s not the case. There is no chance whatsoever to change the outcome of an indebted and bankrupt European economy….
“Even though this will have a short-term effect on markets, people need to understand that this just creates even more debt that will never be repaid. But the ECB is now pushing on a string because, sadly, printing money is the only thing they know how to do.
As it becomes clear that this new money printing program is also a failure, the ECB will then accelerate the money printing. This will have the effect of rapidly debasing the purchasing power of the euro and it will also lead to even more chaos in Europe.
“We don’t yet know what the total losses amount to in the aftermath of the Swiss National Bank’s historic decision but we know they are enormous. The Swiss franc skyrocketed in seconds and the losses around the world are staggering and have already been sufficient to bring down foreign exchange houses and hedge funds. But the losses are impacting the bigger banks and the central banks as well.
Swiss National Bank Still Has To Unwind Massive Losing Postions
As an example, the Swiss National Bank has a position of roughly 500 billion Swiss francs, mainly in euros and dollars. The losses on those currency positions were around 30 percent on the first day. So the Swiss National Bank is now sitting on an unrealized loss of about 80 billion Swiss francs.
In the coming months and years the SNB will have to reduce the size of its balance sheet. So they will need to sell their euros and buy Swiss francs. This is going to have the effect of further strengthening the Swiss franc, which will put even more pressure on the Swiss economy. So it’s a vicious circle for them.
Total Global Collapse
This is what all central banks have done — they’ve trapped themselves in a corner. They have zero or negative interest rates, they are printing more money, and they are buying more assets that they can’t sell and that are worth a lot less than they are paying for them. So every single central bank in the world is bankrupt because they will never, ever get the price for their assets that they paid for them. This is why the financial system will not survive, Eric, and a total global collapse is now in front of us.”
1-Year Swiss interest rates have now crashed 75bps in the last week since the SNB decision to un-peg from the Euro. As the world awaits Draghi’s big moment, Swiss rates are sliding more and investors seek the ‘safety’ of Francs – even if it costs them 1.05% per year for that ‘safety’.
30Y US Treasury yields have collapsed over 14bps since Draghi unleashed QE… and US equities now well in the red post-QE. Not exactly the kind of risk-on “buy buy buy” everyone was hoping for as European Peripheral bond risk spreads are rising…
Treasury yields are plunging…
It was just on Monday when the Danish central bank, clearly panicking about the peg of the Danish Krone to the EUR, surprised the world when in an unexpected rate cut it went NIRPer, sending its deposit rate from -0.05% to 0.2%. Moments ago it doubled down with its second rate cut for the week, this time sending the rate from -0.20% to -0.35%. At this rate we should hit -0.5% next Tuesday and be well into the -1% territory two weeks from today. And not only that, but as Bloomberg observes, “The Danish central bank “also seems to have been intervening in the market prior to the ECB meeting,” Jes Asmussen, chief economist at Svenska Handelsbanken AB in Copenhagen.” In other words, the Danish Krone’s peg days are most likely numbered.
2015: the year currency wars got real
A crashing Yen failed to help Japan or fix its economy, but while Japan may now be a lost cause, the Keynesian masterminds of the world will give it another try, and following today’s Draghi’s announcement, the EURUSD has crashed to the lowest level since 2003, tumbling over 200 pips, and printing below 1.14 moments ago..
And since it is a zero-trade sum world, now that the exports of Europe – the single largest economic block in the world – are cheap enough to compete with Japan’s just as cheap, thanks to currency debasement, goods and services in the global arena, it means that the biggest loser is obvious: the United States, whose currency has soared to nosebleed levels on expectations that the Fed will hike and that the US will somehow decouple from a world that is drowning in economic malaise.
However, in a clear indication that the party for the USD-bulls may be ending, none other than the US commerce secretary moments ago said the impact of a rising dollar on exports and economic growth bears monitoring.
According to Bloomberg, asked at the World Economic Forum’s annual meeting in Davos, Switzerland, whether a climbing greenback could drag down U.S. trade and economic expansion, Pritzker said “it’s a factor and something to keep an eye on.”
Pritzker said the challenge was to ensure U.S. businesses could be innovative and productive enough to attract demand regardless of the vagaries of currencies or the world economy.
Yes: it is a challenge when increasingly troubled importers could care less about innovation when the only thing that matters is the local currency denominated bottom line.
And this is something Pritzker knows too well. So the question is – how long until she speaks to none other than Jack Lew, who in turn convews a message to Janet Yellen, forcing her to “patiently” remind the market that the US never has, and never will, decouple from the rest of the world, and that unless the US wants to go straight from 5% Obamacare-boosted “growth” to recession, it too will have to join the devaluation party.
Lastly, considering the everyone is now long the dollar, the macro devastation that would result if the Fed also pulls an SNB and surprises the market, will be one for the generations.
With The ECB set to announce a QE4EVA-esque bond-buying initiative within the next hour or two, we thought it worth looking at just what The Fed’s balance-sheet experiment did for inflation expectations (the key narrative that is driving Draghi’s decision) and economic growth (what every politician is demanding Draghi help with)…
The answer… Nothing!!
Slow growth and low inflation seem to have become the established condition, at least for advanced Western economies
If all this hasn’t cheered you up, there is a widespread view here at Davos that this week’s expected announcement of QE by the European Central Bank is too late, too compromised and unlikely to be big enough to make any more than a marginal difference to Europe’s slump..
The announcement immediately sent the euro down 0.5 percent to $1.1555.
Mario Draghi led the European Central Bank into a new era with an historic pledge to buy government bonds as part of an asset-purchase program worth about 1.1 trillion euros ($1.3 trillion).
The ECB president side-stepped German-led opposition to quantitative easing in a once-and-for-all push to revive inflation and the euro-area economy. The central bank will buy 60 billion euros per month of securities until September 2016. The ECB also reduced the cost of its long-term loans to banks.
Investors reacted by selling the euro and buying European stocks. The currency extended declines as Draghi spoke, weakening 1.2 percent to $1.1473 at 3:30 p.m. in Frankfurt. Athanasios Vamvakidis, head of G-10 foreign-exchange strategy at Bank of America Merrill Lynch, said the plan was at the high end of market expectations. The Euro Stoxx 50 added 0.8 percent
In the short space of an hour – following weeks of battles and a recent standoff in Sana’a with Houthi rebels – all the well-laid plans of the US manipulators has gone astray:
*YEMEN GOVERNMENT RESIGNS, PRIME MINISTER PRESENTS RESIGNATION TO PRESIDENT AMID REBEL STANDOFF
*YEMEN PRESIDENT HADI HAS RESIGNED, AIDE SAYS
This comes after signing a short-term peace deal following an admission that they had lost control. And with oil-prices plunging once again, which means social instability
in the middle east is about to explode making the Arab spring of 2011
seem like child’s play by comparison, things around the globe are about
to take a dramatic turn for the worse.
In 2015, the only difference between the two parties is how they spell their name, and whether they use the color red or blue on their logo. The so-called “Republican Landslide” from November 4th is a meaningless distinction that will amount to nothing to champion any Christian values or Conservative causes.
ANTICHRIST ISLAM SLOWLY CREEPING INTO ALL THREE BRANCHES OF OUR GOVERNMENT
“What we are seeing is a fireball or a bolide,” Reiff explained. A type of meteor.
“Usually they don’t linger quite so long, so this is exceptional because of how long it stayed in the air!”
When a meteor nearly misses the Earth and skims the atmosphere as it comes around the world, it slows the speed down significantly. A slow moving meteor can make one full swing around the world before crashing or disintegrating. The fireball Sterling captured is similar to the one that fell on Russia in 2013, Reiff said.
It hasn’t moved in three years, but the symbolic Doomsday Clock’s minute hand could be about edge closer to midnight.
The Bulletin of the Atomic Scientists (BAS) will host a live international news conference on Thursday to reveal its latest decision regarding the minute hand of the clock.
The last time the clock’s minute hand was adjusted was in January 2012, when it pushed ahead one minute, from six to five minutes before midnight.
House Republicans are intent on holding an ProLife ”don’t about Christ in the womb” vote on Thursday because of the significance of the date — the anniversary of the Supreme Court’s Roe v. Wade decision in 1973. Pro-Life activists will also hold their annual March For Life in the shadow of the Antichrist NWO Masonic Occult Capitol ”Womb Of ISIS” on Thursday.
the U.S. Capitol Dome is laid out so as to face the Obelisk known as the Washington Monument, as well as other puzzling architecture in Government Center.
Unrecognized by the vast majority of peoples around the world is the greatest conspiracy of all time, sitting right out in the open in Washington DC and at the Vatican. It is an ancient, magical, talismanic diagram—the Lost Symbol—based on the history and cult of Isis, Osiris, Horus, and the prophecy of the deity’s return.
The primeval concept was designed in antiquity for the express purpose of regeneration, resurrection, and apotheosis, for deity incarnation from the underworld to earth’s surface through union of the respective figures—the Dome (ancient structural representation of the womb of Isis) and the Obelisk (ancient representation of the erect male phallus of Osiris)….
If you want to know who attacked the U.S. in Benghazi on 9/11/12, it was ISIS.
Obozo held up Yemen and Somalia as examples of how his strategy works. He must believe we are uninformed, unread, and plain stupid. Both Yemen and Somalia are the kind of terrorist safe havens (as is Libya) that Obozo promised to refuse ISIS.
A pillar of Antichrist NWO President Barack Obozo’s 911 global anti-terrorism strategy is in peril as sectarian chaos consumes Yemen, a vital U.S. ally where chronic instability allows the deadliest surviving al Qaeda franchise to flourish.
Iran-backed rebels of the Shiite Houthi sect sparked alarm in Washington after seizing a presidential palace in the volatile Sunni-majority nation, in what officials called a coup.
“I’ve actually always suspected that, although I have no evidence, that maybe we were facilitating arms leaving Libya going through Turkey into Syria,” Paul told CNN, adding that he “never….quite understood the cover-up — if it was intentional or incompetence”.
Asked what he thought of the idea of arming so-called “moderate” Syrian rebels after FSA militants kidnapped UN peacekeepers in the Golan Heights, McInerney said the policy had been a failure.
During an appearance on Fox News, General Thomas McInerney acknowledged that the United States “helped build Antichrist ISIS” as a result of the group obtaining weapons from the Benghazi consulate in Libya which was attacked by jihadists in September 11, 2012.
U.S. House of Representatives Speaker John Boehner on Wednesday invited Israeli Prime Minister Benjamin Netanyahu to address Congress on Iran without consulting Antichrist NWO 666 President Barack Obozo The 911 POTUS Clown, and the White House questioned whether protocol had been violated.
Setting up a diplomatic showdown on an issue that has sharply divided Obozo and congressional Republicans, Boehner announced the invitation the day after Obozo pledged in his State of the Union address to veto Antichrist Iran sanctions legislation being developed in Congress.
An Israeli official said Netanyahu, whose relationship with Obozo has often been tense, was looking into the possibility of meeting with Obozo when he comes to Washington to address a joint session of Congress on Feb. 11.
White House spokesman Josh Earnest said, “The protocol would suggest that the leader of one country would contact the leader of another country when he’s traveling there. This particular event seems to be a departure from that protocol.”
Asked by a reporter if inviting Netanyahu without speaking to the White House was a “poke in the eye” to Obozo, Boehner, a Republican, said, “The Congress can make this decision on its own. I don’t believe I’m poking anyone in the eye.”
Lawmakers trying to amass enough support to override any veto by Obozo are developing several pieces of Antichrist Iran-related legislation, including a bill to tighten sanctions if a final nuclear agreement is not reached before the end of June.
“World War III is a guerrilla information war with no division between military and civilian participation.” – Marshall McLuhan, Culture is Our Business, 1970
Such a war will likely be the ultimate battle between the individual and the state. Unless stopped or slowed, it will accomplish, systematically, what no Cold War secret agency working on the ground and in the shadows could ever hope to gain
Though it has remained officially unsaid, the powers that be have all-but-officially designated the American people as their enemy in a foggy battleground that has become global, nebulous, highly technological and extremely paranoid.
Homeland Security and FBI protocol have set the stage for profiling Americans as potential threats, while the rising police state have often cracked down with a heavy hand and perhaps a SWAT raid. The War on Terror, global jihad, cyber attacks and a new Cold War have all contributed the necessary pretexts for an atmosphere of control and preemptive suspicion that seemingly justifies total surveillance of the population.
USCYBERCOM, activated by the federal government in 2009 and operated by the director of the NSA, adds a whole new dimension to that, by bringing home – to computer screens and devices everywhere – the cyberwar.
And since that time, WikiLeaks founder Julian Assange became the first civilian designated, according to declassified information, as a military-designated “enemy of the state.” Many SWAT raids, FBI and police visits have now resulted from alleged threatening or offensive Internet activity. Likewise, StuxNet became the first major cyber attack against Iran, a (perceived) military threat. More recently, we’ve seen major cyber warfare exchanges with North Korea, resulting in an Internet blackout there following the SONY hacking scandal and diplomatic standoff over a Hollywood film.
As Daniel Taylor, of Old Thinker News, points out, the militarization and weaponization of the digital space has been a long time coming, and it might mutate into a conflict wide enough to involve you and your online activities. His article, “NSA Cyber War Will Use Internet of Things as Weapons Platform; Your Home is the Battlefield” argues:
Investors are nearly giddy over the European Central Bank’s meeting on Thursday, penciling in expectations that Mario Draghi will announce an aggressive program of government bond purchases in an effort to beat back a deflationary spiral that threatens the eurozone.
But the potential for disappointment appears to run high. The euro fluctuated wildly Wednesday, after The Wall Street Journal reported that the ECB’s Frankfurt-based executive board would call for bond purchases of roughly 50 billion euros ($58 billion) a month for a minimum of one year. The proposal would serve as the basis for deliberations by the ECB’s governing council on Thursday, which could substantially alter the plan.
Still, the euro EURUSD, +0.22% is trading near its lowest level versus the dollar since 2003, while eurozone government bond yields have fallen sharply in anticipation of full-fledged quantitative easing. European stock indexes were mixed Thursday, but have rallied in anticipation, with Germany’s DAX index DAX, -0.31% nabbing a new record close and the pan-European Stoxx 600 index SXXP, +0.14% hitting a fresh seven-year high on Wednesday.
The eurozone’s toxic internal politics and the design flaws inherent in shared-currency project could make it difficult for Draghi, the ECB president, and his colleagues to craft a convincing solution.
Indeed, such political considerations have left the ECB with a much more complicated path to full-fledged QE than was ever faced by the U.S. Federal Reserve, the Bank of England and the Bank of Japan.
In the end, this makes it very difficult for Draghi to thread the needle and avoid either angering Germany and its allies on the ECB or disappointing investors who are looking for bold action. The final outcome could be another eurozone “fudge” that leaves everyone unhappy.
“A larger-than-expected sovereign bond-buying program with a bigger-than-expected risk-sharing component is a red rag to a German bull, while a smaller-than-expected one with less risk-sharing would rile markets,” said Nicholas Spiro, managing director at Spiro Sovereign Strategy, in a note.
“A compromise – which is what’s likely to happen – could satisfy neither Germany nor the markets.” Spiro noted.
As expected by most analysts, the ECB kept its rates unchanged for all three facilities. From the press release:
ECB Monetary Policy Decisions
At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.05%, 0.30% and -0.20% respectively.
Further monetary policy measures will be communicated by the President of the ECB at a press conference starting at 2.30 p.m. CET today.
This is hardly surprising, although as HSBC accurately observed, if the ECB really wants to incentivize banks to sell their government bond holdings, it should have actually pushed rates higher.
In any event, as the ECB also noted, “Further monetary policy measures will be communicated by the President of the ECB at a press conference starting at 2.30 p.m. CET today” ?which is a signal that a much bigger announcement is coming in 45 minutes when Draghi begins to speak.
With less than two hours until the ECB unveils its first official quantitative easing program, the markets appear to be in a unchanged daze. Well, not all markets: the Japanese bond market overnight suffered its worst sell off in months on a jump in volume, although for context this means the 10Year dropping from 0.25% to 0.32%. Whether this is a hint of the “sell the news” that may follow Draghi’s announcement is unclear, although Europe has seen comparable weakness across its bond space as well and the US 10 Year has sold off all the way to 1.91%, which is impressive considering it was trading under 1.80% just a few days ago. Stocks for now are largely unchanged with futures barely budging and tracking the USDJPY which after rising above 118 again overnight, has seen active selling ever since the close of the Japanese session.
From “whatever it takes” to OMT to “discussing” bond purchases, with European interest rates at record (incomprehensible) lows (apart from Greece) and EURUSD at 11-year lows (down 25 handles in the last 8 months), Mario Draghi looks set to unleash interventionist ‘hell’ on the investing public in Europe with EUR50 billion (plus plus) of ECB QE per month for as long as it takes.
Quick take: slightly more than expected per month, with a slightly shorter duration than expected, amounting to just about €1.1 trillion over 16 months, which is a tad on the low side to the super-aggressive expectations of €1 trillion per year. Furthermore, as expected there will be partial risk-sharing. It is still unclear what are the embedded conditions regarding purchasing Greek or other “junky” bonds.
But the biggest error, and what assures that the ECB’s QE will fail (not that anyone expected it would work of course, and certainly not 99% of the European population), is that unlike the Fed’s and BOJ’s QEs, it is not “open-ended.” The market will not be happy.
After over 2 years of dragging, pardon the bad pun, the market by the nose, ever since his “whatever it takes” speech in July 2012, Draghi finally folded and launched QE. This, as Credit Suisse warned last week, and as stocks are starting to realize, may have been the longest “sell the news” build up in history. Of course, CS worded it more poetically: “the QE Dream becomes reality” and far more importantly, as it also adds: “the dream may prove far more powerful as a market driver than the reality.”
What happens next? Well, finally some very unpleasant questions will have to be answered, such as this one from CS: “current valuations, however, beg the question of when does the periphery take notice of price action in other markets” and more importantly, “If QE does little to move the needle on inflation expectations, then there will come a point in time when the market questions the tightness of spreads…. we think this question will be asked once QE happens.”
Thank you Draghi: the market will finally demand – and get – some answers.
Mario Draghi is about to bring Europe’s integration project across the Rubicon.
At about 2:30 p.m. in Frankfurt, the European Central Bank president will probably commit to a quantitative-easing program that may exceed 1 trillion euros ($1.2 trillion). While the move comes much later than that of the Federal Reserve, which ended its own QE three months ago, the ECB’s arrival at this point still marks a critical juncture in the history of the currency and the European unity it embodies.
“I am all for European QE,” former U.S. Treasury Secretary Larry Summers said in Davos on Thursday.
There is only one other time in history when we have seen an oil price crash of this magnitude.
That was in 2008, just before the greatest financial crisis since the Great Depression.
Many believe that we are now on the verge of the next great financial crisis.
The gravy train is over for oil workers. All over North America, people that felt very secure about their jobs just a few weeks ago are now getting pink slips. There are even some people that I know personally that this has happened to. The economy is really starting to bleed oil patch jobs, and as long as the price of oil stays down at this level the job losses are going to continue. But this is what happens when a “boom” turns into a “bust”. Since 2003, drilling and extraction jobs in the United States have doubled. And these jobs typically pay very well. It is not uncommon for oil patch workers to make well over $100,000 a year, and these are precisely the types of jobs that we cannot afford to be losing. The middle class is struggling mightily as it is. And just like we witnessed in 2008, oil industry layoffs usually come before a downturn in employment for the overall economy. So if you think that it is tough to find a good job in America right now, you definitely will not like what comes next.
At one time, I encouraged those that were desperate for employment to check out states like North Dakota and Texas that were experiencing an oil boom. Unfortunately, the tremendous expansion that we witnessed is now reversing…
These jobs are not easy to replace. If oil industry veterans go down to the local Wal-Mart to get jobs, they will end up making only a very small fraction of what they once did. Every one of these jobs that gets lost is really going to hurt.
And at this point, the job losses in the oil industry are threatening to become an avalanche. The following are 12 signs that the economy is really starting to bleed oil patch jobs…
#1 It is being projected that the U.S. oil rig count will decline by 15 percent in the first quarter of 2015 alone. And when there are less rigs operating, less workers are needed so people get fired.
#2 Last week, 55 more oil rigs shut down. That was the largest single week decline in the United States in 24 years.
#3 Oilfield services provider Baker Hughes has announced that it plans to lay off 7,000 workers.
#4 Schlumberger, a big player in the energy industry, has announced plans to get rid of 9,000 workers.
#5 Suncor Energy is eliminating 1,000 workers from their oil projects up in Canada.
#6 Halliburton’s energy industry operations have slowed down dramatically, so they gave pink slips to 1,000 workers last month.
#7 Diamondback Energy just slashed their capital expenditure budget 40 percent to just $450 million.
#8 Elevation Resources plans to cut their capital expenditure budget from $227 million to $100 million.
#9 Concho Resources says that it plans to reduce the number of rigs that it is operating from 35 to 25.
#10 Tullow Oil has reduced their exploration budget from approximately a billion dollars to about 200 million dollars.
#11 Henry Resources President Danny Campbell has announced that his company is reducing activity “by up to 40 percent“.
#12 The Federal Reserve Bank of Dallas is projecting that 140,000 jobs related to the energy industry will be lost in the state of Texas alone during 2015.
And of course it isn’t just workers that are going to suffer.
Some states are extremely dependent on oil revenues. Just take the state of Alaska for instance. According to one recent news report, 90 percent of the budget of Alaska comes from oil revenue…
Lumber is the most correlated to ISM and GDP of all the industrial commodities… and that is not good for the US economy…
The Antichrist NWO 666 Obozo 911 administration on Wednesday paid $490 million in cash assets to Iran and will have released a total of $11.9 billion to the Antichrist Islamic Republic by the time nuclear talks are scheduled to end in June, according to figures provided by the State Department.
Today’s $490 million release, the third such payment of this amount since Dec. 10, was agreed to by the Antichrist NWO 666 Obozo 911 administration under the parameters of another extension in negotiations over Tehran’s contested nuclear program that was inked in November.
Antichrist Iran will receive a total of $4.9 billion in unfrozen cash assets via 10 separate payments by the United States through June 22, when talks with Iran are scheduled to end with a final agreement aimed at curbing the country’s nuclear work, according to a State Department official.
Antichrist Iran received $4.2 billion in similar payments under the 2013 interim agreement with the United States and was then given another $2.8 billion by the Antichrist NWO 666 Obozo 911 administration last year in a bid to keep Iran committed to the talks through November, when negotiators parted ways without reaching an agreement.
Antichrist Iran will have received a total of $11.9 billion in cash assets by the end of June if current releases continue on pace as scheduled.
An Antichrist Iranian official said this week Foreign Minister Mohammad Javad Zarif delayed a visit to Antichrist Saudi Arabia in protest against Riyadh’s refusal to cut crude output and help lift prices.
But Admiral Ali Shamkhani, a top security aide to supreme leader Ayatollah Ali Khamenei, said his country “is now quite ready to for straight, clear and continuous talks spanning the whole range of mutual interests with Antichrist Saudi Arabia.”
And while Antichrist NWO 666 Obozo The 911 POTUS Clown was impressed by Antichrist NWO 666 Abdullah’s vision to the “education of his people” he had no comment on the one US “ally” which has beheaded a record number of people in recent years making even Antichrist NWO 666 Obozo ISIS Syrian Sirius-ly Clowns blush by comarpison, as reported in US Ally, Antichrist NWO 666 Saudi Arabia Beheads 87 In 2014, Up Over 10% From 2013 and also Record Beheadings And The Mass Arrest Of Christians.
It is our current proximity to apocalyptic war that makes Beck’s doomsday warning about a nuclear Iran so compelling. If the worst comes to pass, this chilling attempt to rouse the West from its torpor could turn out to be that final, horribly prophetic alert that went unheeded.
Much of the public is conditioned by the mainstream media and government to focus on the short-term—U.S. presidents tend to concentrate only on matters pressing during their tenure—and rarely ever on longer-term issues or threats. Thus, a nuclear holocaust in the Middle East seems unrealistic. Add to this the fact that virtually all nations with nukes have never used them, and one can see why a certain apathy prevails when it comes to the idea of a nuclear Iran.
But Iran is different. Its Shiites leaders believe that at the end of times, a 9th-century prophet, the 12th Imam, will reappear to kill all the infidels and raise the flag of Islam in all four corners of the world. Reza Kahlili, a former CIA operative in Iran’s Revolutionary Guards, reported last year on the apocalyptic statements from Iran’s Supreme Leader, Ayatollah Ali Khamenei, who dictates Iran’s nuclear policy. Khamenei’s statements, which were carried by Iranian state media, proclaimed that “The issue of Imam Mahdi is of utmost importance, and his reappearance has been clearly stated in our holy religion of Islam. We must study and remind ourselves of the end of times and Imam Mahdi’s era… We must prepare the environment for the coming so that the great leader will come.” Kahlili also translated Iranian news reports from last June suggesting that Iran’s newly elected president, Hassan Rouhani (the so-called “moderate”), shares Khamenei’s views. The reports quote Rouhani thanking the Islamic messiah for his June 15th electoral victory.
Indeed, the Islamic theocracy ruling Iran believes: that apocalyptic scenarios are necessary before Islam’s savior, the Mahdi, or “Hidden Imam,” returns (including a prophecy that Muslims must slay all Jews before he returns); that death in the jihad results in instant paradise for the “martyr”; in the oft-recited Islamist sentiment that “Muslims love death as Westerners love life”—a sentiment that has manifested itself in reality all too often by young Muslim men and women sacrificing their lives to become suicide bombs that kill Americans, Israelis, and many others.
In short, Iran has a worldview that is markedly different than the one that guides Western decision-making. Unlike nuclear-armed Western secular democracies, a nuclear Islamic supremacist regime in Iran is much more prone to use the devastating weapons. Thus, the situation is serious, is urgent, and, as the United Nations refuses to act decisively, could trigger a holocaust that sees millions of innocent people—Israelis and Iranians alike—wiped out overnight.
What would such a nightmare scenario be like?
As a powerful, well-researched novel, The Last Israelis provides a gripping answer, and helps to neutralize the desensitization and/or apathy to a nuclear Iran by depicting an all-too real scenario of what a nuclear Iran could ultimately mean for the region and the world.
The narrative follows the lives of an Israeli submarine crew. After news that Iran has achieved nuclear status vis-à-vis an impotent or indifferent West, they are yanked from loved ones during an interrupted and all-too brief shore leave, and sent on a mission possibly to retaliate with submarine-launched nuclear ballistic missiles, if a nuclear strike is launched against Israel. Halfway through their mission, the submariners lose contact with base command and the ambiguity surrounding those circumstances—and what they could imply—creates palpable tension and conflict among the crewmembers.
What follows among the crew is a very philosophical—though all too human—debate over what they should do, as it is now up to them to decide the fate of millions:
a nuclear armed Iran is very bad news, not just for Israel, as many think, but for the whole region and stability of the world. Therefore, the world is obligated to act now to ensure that the horrific scenario recounted in The Last Israelis never comes to pass.
I loathe Obozo and much of our government because they have allowed themselves to be corrupted by the bankers who have hijacked our government. However, as bad as things are in America, America is a preferable living location than the reincarnated Soviet empire under Putin.
And of course, no Russian military option can be considered when it comes to Antichrist ISIS rampaging across Iraq and Syria. Make no mistake about it, Antichrist ISIS is a CIA creation fueled by illegally leaving behind American military equipment in Iraq. Antichrist ISIS mission is twofold. The first goal is to unseat Assad in Syria. The primary goal is for the West to draw Putin into a military conflict starting in Syria in order to topple Syria and Iran and preserve the Petrodollar. In effect, Antichrist ISIS is Blackwater (i.e. Academia). And the Antichrist ISIS beheadings is a psyops designed to inflame the American public into accepting the coming World Ware III.
Our military high command believes that World War III will begin in Syria as well when Russia comes to the aid of Assad as his forces are toppled. The United States have diverted no significant military assets from the Middle East since the Ukraine crisis began. Do not take your eyes off of Syria..
Antichrist Islam’s Latest Contributions to Peace “MoHAMmed is God’s apostle. Those who follow him are harsh to the unbelievers but merciful to one another” Quran 48:29
2015.01.20 (Jaghuri, Afghanistan) – Women and children are among eight civilians ripped to shreds by a Sunni roadside bomb.
2015.01.19 (Karachi, Pakistan) – A guard loses his life when Islamists attack a polio team.
2015.01.18 (Bihar, India) – A young Hindu man is murdered by Muslims for dating a Muslim girl. (This triggers a deadly riot).
2015.01.18 (Potiskum, Nigeria) – A female suicide bomber detonates at a bus station, claiming four kills.
2015.01.17 (Rawalpindi, Pakistan) – A Shiite lawyer and his two nephews are sprayed with automatic weapons fire by dedicated Sunnis.
2015.01.17 (Sabaa al-Bour, Iraq) – Five Shiites at a market are reduced to pulp by Sunni bombers.
The Cantareira water system, largest of the six reservoirs that provide water to 20 million people living in the metropolitan area of Sao Paulo, Brazil is at 5.6% (as of January 20) of its capacity of one trillion liters (264 billion gallons), as reported by the water utility Sabesp. During the first two weeks of January 2015 rainfall totaled 7.1 centimeters (2.9 inches), well below the average 27.1 centimeters (10.7 inches). This comes as a result of the worst drought Brazil has faced in 84 years.
Brazilian mega cities along the east coast like São Paulo and Rio de Janeiro are home to 80% of Brazilians, they rely on their own river basins and thanks to their rapid growth and development they find themselves water stressed. The estimates are that the regions that supply 73% of the country’s water needs could face shortages over the next decade. Brazil is the world’s leading exporter of soybeans, coffee, orange juice, sugar and beef, so these water stresses can also have a marked impact on the global food market.
Scientist Stan Deyo has done analysis of a Tower of Babel Stele with speculation about whether the original Tower of Babel was actually designed to facilitate reaching “the heavens” as indicated in the comments above. Was it a building whose top was high enough to allow higher-dimensional beings to descend slowly while discharging voltage directly into the lower energy density universe? .
Consider the ”beyond” super quantum computing of the elder of man, as it were the measure of a man, that of an angel. Now consider the reality of the Antichrist NWO 666 name and number measured with the motto ”out of many one” as the singular voice of contempt declaring the offer of temptation, which has ”knowingly” been offered by a murderer all of humanity. Quantify that ”knowledge” of the fallen angel and take a good look around. After you are done, consider the dead over your shoulder, behind this terminal and last generation, and the prophetic confirmation now upon it.
Understand, the monolithic image of Lucifer is death, which quantifies the emotional desire to establish the Antichrist NWO derived from a being that became insane as a result of their ”new” emotion. The emotion was in response to something new, obviously. Consider the fact that this being disrupted the harmony of Heaven and Earth. Consider the jealous emotion of a Bridegroom over His only begotten Son and quantify the dust of the Earth which brought forth the Bride womb from which The Son Of Man is risen in the image of The Father. The elder of man, the angelic being cannot create his own image. He is not given unto The Bride. His knowledge is the measure of his deadly emotion, his own jealousy. His reaction did not come from knowing our Father in Christ, that point of order is confirmed by his offer of temptation unto The Bride. His emotional response came as a result of seeing a new creation, humanity. Man was created not in the image of an angel, man was created in the image of the creator of the angel, the angel who was not created in the image of man. The angel therefore is as The Beast, unbecoming and overcome by it’s own jealous and murderous emotion. The jealous angel reacted to the image of a new being given a new Earth, after the saw The Bridegroom and His Bride given the fruit of the tree, as it were her womb, which brings forth the only begotten Son Of Man, whom has endured the fullness of that jealous emotion unto the pain of death, proving and confirming the whole will of our Father in Christ above all He has created.
The mercy of our Father in Christ declares His commanding eternal love and glory. Amen.
Your tongue is flesh, The Word risen from your tongue you do not see, but you feel The Word Spoken in agreement with your tongue because The Tongue is the revelation of the Holy Spirit in the flesh. Our agreement rests upon the tongue, and The Lord Of Hosts is confirmed in agreement.
The Holy Spirit is The Word you do not see upon your tongue, as it were the revelation of the face of The Father. You know our agreement rests in the eternal flesh, as it is the revelation of our Father in Christ. The Truth is eternal and does not change the distinction of our Father in Christ confirmed in agreement among all nations and Israel.
Our Father in Christ is manifest in the flesh, baring witness among all nations and Israel. The two witnesses do profess and confirm: The Holy Spirit confirming, and in the flesh the tongue in agreement professing. In jerusalem, where also our Lord was crucified, is there not now ”one crying in the wilderness”? Obviously the Saints do profess in agreement as we are so moved by The Holy Spirit of our Father in Christ among all nations and Israel, even in Jerusalem as ”one crying in the wilderness”. This fact, and distinction however does not confirm the prophetic revelation fulfilled after the death and resurrection of the two witnesses that are distinctly able to capture the attention of the entire last generation now on the planet after the Antichrist kills them in Jerusalem.
How shall The Truth manifest agreement among all nations and Israel without the fruit having already been consumed?
Point of order, Our salvation must be made manifest before the fruit on the tree is consumed, Distinction declares; the time of manifestation, The Name ”I AM” given. Yahshua is; our salvation come, upon our tongue, our agreement with The Truth.
The unbecoming liar stands in contempt of their own salvation declaring the law is blind and just. The liar hears the call of their belly, knowing their need they bare false witness and declare their own want, as it is their need for a name, which is not written in The Book Of Life.
The letter of the law killeth. The whole of the law is risen in agreement confirmed, professing the new name, which is written in The Book Of Life.
And he took bread, and when he had given thanks, he broke it and gave it to them, saying, “This is my body, which is given for you. Do this in remembrance of me.” 20 And likewise the cup after they had eaten, saying, “This cup that is poured out for you is the new covenant in my blood.[c] 21 But behold, the hand of him who betrays me is with me on the table. 22 For the Son of Man goes as it has been determined, but woe to that man by whom he is betrayed!” 23 And they began to question one another, which of them it could be who was going to do this.
17 I saw an angel standing in the sun. He cried out in a loud voice to all the birds flying overhead, “Come! Gather for the great banquet of God. 18 Eat the flesh of kings, generals, warriors, horses and their riders, and all free people and slaves, both important or insignificant people.”
19 I saw the beast, the kings of the earth, and their armies gathered to wage war against the rider on the horse and his army. 20 The beast and the false prophet who had done miracles for the beast were captured. By these miracles the false prophet had deceived those who had the brand of the beast and worshiped its statue. Both of them were thrown alive into the fiery lake of burning sulfur. 21 The rider on the horse killed the rest with the sword that came out of his mouth. All the birds gorged themselves on the flesh of those who had been killed.
If you are not inspired by The Holy Spirit of our Father in Christ at this point, well, …consider the fact that you are reading this because the power of our Father in Christ has compelled you.
The Truth is not a choice, every knee shall bow to the sustaining mercy of our Father in Christ …in the end. The prophetic revelation blessing is upon you now. Are you compelled to bow now, before your hour has come, even the hour before the Day Of Judgment? All sealed Saints of our Father in Christ are. We are compelled by our love for our Father in Christ, not because of fear, or love for our lives in this corrupted world, we are in agreement with our Father in Christ as His betrothed faithful friend, whom He has give life eternal. We are at peace with Him. We are not inspired to murder our fellow man, and we know all those who are lost shall be found among all nations and Israel. We have no call but to stand fast and do no harm, as laborers of His final harvest.
We shall not seek to restore order for the sake of the nations and Israel’s want, or bare their arms to defend their want. All nations and Israel require their final harvest of flesh, and the slaughter of humanity shall not fill their want. Their want is a testimony against them all, as it is written, their wine has consumed them. Our mission is to bare witness among all nations and Israel and to endure these last years that are left. The lost treasure shall be found among all nations and Israel, and His Holy offer shall be laid up, as the gift of our Father in Christ reconciled, as His pure offer risen among His Saints dwelling in agreement, as He has lifted all His sealed Saints by the power and authority of His own Holy Spirit which has compelled all His Saints.
It does not matter if you are currently Jewish Muslim Hindu etc… etc… etc…. It does not matter if you are now still accepting the gains of this corrupt market. It does not matter if you are not now inspired to strive to be Holy and you are an atheist communist vote 2 party friend of this world still. You are not dead …yet. Consider the thief on the cross and the hour of this terminal generation, they are the same. Know this, this does not mean your hour shall not come right now and find you wanting.
Your hour is as your birth, you have no choice. The womb of The Bride is as the dust of the Earth, risen from the water, compelled by The Word of our Father in Christ.
He said, `I [am] a voice of one crying in the wilderness: Make straight the way of the Lord, as said Isaiah the prophet.’