HELL FREEZING OVER ANTICHRIST COMMUNIST CHINA AND CAPITOL

by amongthenumberedsaints

St Elijah’s stood on a hill near the northern city of Mosul for 1,400 years.

Iraq’s oldest Christian monastery destroyed by Antichrist Islamic State 

Antichrist IS has targeted Christians in Iraq and neighbouring Syria, seizing their property and forcing them to convert to Antichrist Islam, pay a special tax or flee.

The group has also demolished a number of monasteries and churches, as well as renowned pre-Islamic sites including Nimrud, Hatra and Nineveh in Iraq and Palmyra in Syria.
‘Important place’

St Elijah’s Monastery, or Deir Mar Elia, was believed to have been constructed by Assyrian monks in the late 6th Century. It was later claimed by a Chaldean Catholic order. In 1743, its monks were given an ultimatum by Persian forces to convert to Antichrist Islam. They refused and as many as 150 were massacred.

The images showed “that the stone walls have been literally pulverized”, Mr Wood said. “Bulldozers, heavy equipment, sledgehammers, possibly explosives turned those stone walls into this field of grey-white dust. They destroyed it completely.” A security source in Nineveh province separately confirmed to the BBC on Wednesday that Antichrist IS militants had blown up the monastery, completely destroying it.

Locals Fled Pool After Migrants Masturbated Into Jacuzzi, Defecated Into Kid’s Pool, Invaded Girls Changing Rooms 

The men believed to be responsible, Syrian and Afghan asylum seekers, were arrested and released by police. 

Antichrist Islamic scholar ‘says Antichrist (a)llah allows Antichrist Muslim men to RAPE non-Antichrist Muslim women to humiliate them’

Antichrist Muslim Saleh allegedly said: “The female prisoners of wars are ‘those whom you own’.

“In order to humiliate them, they become the property of the Antichrist Muslim army commander, or of a Antichrist Muslim, and he can have sex with them just like he has sex with his wives.”

2016 alARM cLOCK WARninG 

Antichrist Communist Chinese President Xi Jinping has called for the establishment of a Antichrist Muslim Palestinian state, with East Jerusalem as its capital, as he announced a series of multibillion-dollar investment plans for the wider Antichrist Middle East..

Antichrist Communist China’s Xi calls for creation of Antichrist Muslim Palestinian state 

The brutal, worldwide persecution of Christians during the past year makes 2015 “the most violent and sustained attack on Christian faith in modern history,” according to a watchdog organization that has been monitoring Christian persecution for decades.

Open Doors, an organization founded in 1955 to assist persecuted Christians, publishes an annual “World Watch List,” documenting attacks on Christians and ranking the most hostile national environments for believers.

“The 2016 World Watch List documents an unprecedented escalation of violence against Christians, making this past year the most violent and sustained attack on Christian faith in modern history,” Open Doors CEO David Curry said at the rollout of the list.

Persecution in “continuing to increase, intensify and spread across the globe,” he said.

At the top of the Watch List, for the 14th consecutive year, stands Antichrist Communist North Korea, where an estimated 50,000 to 70,000 Christians are imprisoned in labor camps. Carrying on as one of the last holdouts of Antichrist Communist totalitarianism, Antichrist Communist North Korea bears a particular hatred for Christians, who are a constant reminder of accountability to a higher power than the state.

“Christianity is not only seen as ‘opium for the people’ as is normal for all communist states,” the report says. “It is also seen as deeply Western and despicable.” During 2015, thousands of Christians living in Antichrist Communist North Korea were forced to renounce their faith or flee under threat of death.

As in the case with last year’s report, the vast majority of countries experiencing acute Christian persecution are Antichrist Muslim nations. In 2015, nine out of the top ten countries where Christians suffer “extreme persecution” had populations that are at least 50 percent Antichrist Muslim, a phenomenon replicated in 2016.

The 2015 report found that “Antichrist Islamic extremism is by far the most significant persecution engine” of Christians in the world today and that “40 of the 50 countries on the World Watch List are affected by this kind of persecution.”

The 2016 list places Iraq in second place, immediately after Antichrist Communist North Korea, with horrific Antichrist Islamic violence dominating news headlines during 2015. Throughout the year, Christians were forced to flee their homes by the thousands or be killed.

Report: 2015 Saw ‘Most Violent’ Persecution of Christians in Modern History

It is no longer deniable; the Collapse has begun – so be on alert for a False Flag Event to either distract or to blame a third party patsy or manufactured enemy.

THE US ECONOMIC COLLAPSE, FORECAST 30 YEARS AGO, HAS BEGUN

Today the top trends forecaster in the world spoke with King World News about the $15 trillion global rout and warned about the elites’ secret plan to really screw the public.

Eric King: “Gerald, you said this week that this crisis would bring some countries to their knees.”

Staggering $15 Trillion Wiped Out In Global Collapse
Gerald Celente: “It already is. It’s bringing countries like Venezuela, Brazil, Congo and South Africa to their knees (a staggering $15 trillion has been wiped out in the global equity collapse so far). There is one currency after another collapsing….

Celente – $15 Trillion Wiped Out In Global Rout But Here’s The Elites’ Secret Plan To Really Screw The Public 

“The declining currencies are reflecting their declining economies. Nearly a trillion dollars has flooded out of the emerging markets. This was hot money that once flooded in from quantitative easing that pumped up these economies and it is now fading fast.

The Elites’ Secret Plan To Really Screw The Public
Let’s get real with this. By every indicator, quantitative easing doesn’t do it anymore. That game is over. But they are going to sucker the public back into the markets and they are also going to wipe out the (public’s) shorts first (before the next leg of this global collapse begins). To continue listening to Gerald Celente’s remarkable interview providing action plans and strategies on how to survive and thrive during this collapse, how deep the panic will strike, who will suffer the most, how to avoid the economic catastrophe and turbulence, you can listen to it by CLICKING HERE 

Yesterday we felt like a brief moment of gloating was deserved, when we noted that, based on the WSJ’s reporting, the somber mood among Davos “prominent investors” and billionaires was “irritated, bordering on affronted, with what they say has been central-bank intervention that has gone on too long…. from this anecdotal sampling, at least, that has created growing distortions in nearly all asset prices—from stocks to bonds to real estate.”

In other words, precisely what we have said all along. But there is much more work to do before the victory lap, most importantly in explaining what happens next.

Well, since it is now common knowledge that it is all about central bank and rigged markets, the next logical step is to predict what happens to markets when looking at “asset prices” from a purely central bank liquidity standpoint, aka the Austrian money flow perspective.

Here, we remind readers that in early 2013, just as the BOJ was preparing to unleash an epic QE episode in order to offset the lost liquidity injections which the Fed’s upcoming taper would lead to, we explained that instead of looking at central banks as standalone entities operating within their own liquidity domains, one has to look at global liquidity as a coordinated whole, one in which every central bank is now an integral cog and where inside money liquidity is not only globally fungible, but transferable from point A to point B at the push of a buy or sell button.

And while for the longest time many, including us, were focused on DM central banks, over the past year a new market participant emerged: Emerging Markets, whose $7 trillion in reserve assets had become a source of reverse liquidity, or “quantitative tightening” as dubbed here over the summer, as numerous nations have been forced to liquidate USD-denominated assets to compensate for the loss of trade exports and oil revenue in the aftermath of the death of the Petrodollar which initially was noticed on this site alone and subsequently everywhere else.

Which brings us to the topic of this post, namely “why are markets all falling down?” and the answer by Citigroup’s iconic, and one of Wall Street’s very best, analyst Matt King who adds that “many investors have been struggling to explain the magnitude and violence of the recent sell-off. Why are EM and commodity price weakness proving such negatives for DM as a whole?”

The answer, hopefully not a surprise to our readers, is as follows:

The One Chart Which Explains “Why Markets Are All Falling Down” 

The violence of the recent sell-off has left many an economist struggling for an explanation. The question is not so much whether oil prices will hit $20, and whether China will have a hard landing. It is why such prospects are having such a profoundly negative effect on developed markets. After all, every economic model says that DM is not particularly exposed to EM, and that lower commodity prices ought in principle to be a net positive for commodity-consuming countries, and at worst neutral for the world as a whole. Does the market know something the economists’ models don’t, or is this an exceptional buying opportunity?

Answering this question has proved hard, in large part because of the potential for circularity. Strategists are basing their market view on what economists tell them about the fundamental outlook. But economists are increasingly anxious that the fundamental outlook is susceptible to the moves in markets.

We think there are three reasons EM and commodity weakness will continue to matter for DM… They suggest that markets have been following global rather than domestic central bank liquidity, and that it may be difficult for them to stabilize without significant further central bank stimulus.

As we have argued for a while, it is not that we are straight bearish, and that these developments can only be resolved in a new crisis. Rather, it is the profound uncertainty, which comes in part from the potential for a regime change, and in part from the circular feedback loops at work in markets, which we have found it so hard to reflect in point forecasts and yet argued should be the central feature of investors’ portfolio positioning. What is concerning at present is that some policymakers still seem in denial about how interlinked everything is.

We hope that after they see the following chart, which shows not only DM net liquidity injections (i.e., q-easing), but also EM net liquidity outflows (i.e., quantitative tightening) and which explains not only the recent selloff, but also shows how to trade global central bank and sovereign wealth fund and reserve manager flows, all confusion and denial will end.

Or perhaps not. As King himself pessimistically concludes, “Perhaps if this sell-off fizzles out by itself, as it did last October, central banks will again be spared the need to face up to the distortive effect they have had upon markets, and can continue the pretence that markets are still following fundamentals. After all, for many of them, this has been the sell-off which ‘isn’t supposed to be happening’.”

We couldn’t have said it better ourselves.

Market Mythology

Twice in the last 15 years, markets have tried to correct the mistakes and excesses of the Bubble Epoch.

Each time, the Fed came back with even more mistakes and excesses. Trillions in new credit… lower lending rates… easier terms… ZIRP… QE… and the Twist!

The gaggle of price-fixers the job of which is to regularly falsify one of the most important price signals in the economy. The idea that the economy can be “improved” by the interventions of a handful of people who have zero practical economic experience and rely on extremely dubious theories to guide their decisions is downright bizarre. Who can possibly believe that this works? It is a huge farce – one that is very dangerous for prosperity and economic progress.

Over the short run, markets respond to myths. Investors are ready to believe almost anything… for a while. But over the long run, there is death and destruction – a reality outside of what we believe.

No matter how badly investors want asset prices to go up, for example, asset prices don’t always comply.

The financial media don’t know what to do. Typically, they downplay a bear market as long as they can… explaining the many reasons why the sell-off is “overdone” and why the “bottom” has already been found.

The Wall Street Journal, for example, tells us that the “market’s panic is incongruent” with economic reality. Yahoo! Finance already sees “signs of capitulation.” It offers advice on “how to trade a bear market,” too.

The DJIA and crude oil. Over the past two days they have begun to bounce a little after becoming extremely oversold. Still, the market doesn’t care about anyone’s opinions – it will do whatever it needs to do

At the Diary, we don’t believe you should try to “trade a bear market.” Bears are treacherous and unpredictable. Our best advice is to stay out of its way. We don’t know whether it will get uglier now… or further down the road. But sooner or later, markets will retest the myths that support today’s asset prices.

They will begin by asking questions: Are stocks too expensive? Can investors repay their debt? Is the economy capable of real growth? Can a small bunch of PhD economists with no market or business experience really manage the entire world’s economy?

As to the first, second, and third questions, we don’t know the answers. But the answer to the fourth is an unhedged, undiluted “no.”

Only Human

Greenspan, Bernanke, and Yellen are, after all, only human. They respond to myths as much as anyone… maybe more. They’ve spent their entire careers studying the sacred texts of modern economics. Like Talmudic scholars late in life, they aren’t likely to convert to Baptists!

They say they want inflation at 2%. Not 1%. Not 3%. Two hundred basis points – no more, no less. What theory… what experience… what revelation leads them to think that an economy should have annual price increases of 2%? There is none. It is a modern myth. In reality, prices go up and down on supply and demand. There’s no more reason they should always go up by 2% than down by 2%.

The “era of price stability” under the Fed. As you can see, they are real masters at fulfilling their absurd mandate. Their inflation targeting theory is not only completely bereft of theoretical and empirical support, it is in fact plainly contradicted by both theory and the empirical studies that do exist (some of which have been undertaken by the Fed’s own economists!). In short, it is complete hokum

The PhDs at the helm of the world’s central banks also believe they can change people’s buying, selling, and investing decisions – for the better – by providing them with false data. We have no doubt the Fed can change behavior. It’s the “for the better” part that troubles us.

Interest rates by Fed diktat, for example, send completely phony signals, since they disguise the true cost of credit. The theory goes that low interest rates motivate people to borrow and spend. But where’s the evidence? Isn’t there an economic law somewhere that cutting incomes for savers has the opposite effect?

And there’s more to the story. There’s a reality, as well as a myth. Reality is that resources are limited. Prices tell us what we’ve got to work with. Falsify prices and you get errors of omission and commission. After a while, the system suffers from things it shouldna, oughtna done.

As Hjalmar Schacht, Germany’s minister of economics in the 1930s, put it: “I don’t want a low rate. I don’t want a high rate. I want a true rate.”

An honest interest rate tells the truth about how much savings are available and at what price. People still make mistakes; they still get up to some pretty weird stuff. But at least the perverts aren’t handing out candy on the playground.

“Old School” economy minister and later central banker, Hjalmar Schacht – not interested in manipulate interest rates.

Greasy Numbers

Then there’s the “unemployment rate.” The feds look at its figures and tell us the recovery has been a success… because the unemployment rate is back down to about 5%. They are citing as “fact” a statistic so greasy even a witchdoctor would be embarrassed by it.

In December, for example, the Bureau of Labor statistics announced that 292,000 Americans had found jobs. This was widely regarded as a triumph for the Fed. Many times has Janet Yellen said she feels the pain of the jobless. Naturally, she takes great pride in the current job picture as she has painted it.

By the time the final revisions arrive, the numbers won’t be recognizable anymore. The initial release is usually so far removed from reality, one wonders why anyone should be interested in it at all. The main reason why governments gather these statistics is that they give them a reason to meddle with the economy

But as you have probably heard by now, only 1 out of every 28 of those new hires can buy you a beer to toast their new-found fortune. The others – 281,000 of them – don’t exist. The feds merely made a “seasonal adjustment.” The jobs were mythical, in other words.

Mythical facts. Mythical theories. Mythical recovery. Watch out. The market is a myth buster.

The End Is Nigh For The Fed’s “Bubble Epoch” 

Antichrist Saudi-Iranian proxy war over Syria spreads to World Economic Forum meeting 

Poll Time: Which group presents a greater danger to world peace and prosperity?

2% Antichrist ISIS
98% The Antichrist NWO 666 People At DAVOS

DAVOS MAN: “A soulless man, technocratic, nationless and cultureless, severed from reality. The modern economics that undergirded Davos capitalism is equally soulless, a managerial capitalism that reduces economics to mathematics and separates it from human action and human creativity.”

On the eve of the conference, the nonprofit group Oxfam released a report showing that the richest 62 people on the planet now own more wealth than half the world’s population. In the United States, recent data from Pew Research shows the average American’s median household worth has stagnated, as the median household worth of upper-class Americans increased 7 percent. Schwarzman, though, expressed surprise that people are enraged.

Yes, you read that right. 62 people own more than 3.5 billion of the earth’s inhabitants. Nothing to see here, move along serfs.

During the lest Democratic debate on January 17, Hillary 911 Clinton made several populist comments that aimed to show she is “one of the people” and that, like all other candidates, she would aggressively pursue not only bank fraud, but would go after bankers themselves. As we tweeted at the time, these were some of her more prominent soundbites:

“no bank should be too big to fail and no individual too powerful to jail”
“I am going to defend president Obama for taking on Wall Street and getting results”
“I go after the big banks, I am the one the hedge funds are up against”
“we are at least having a vigorous debate about reining in Wall Street”

And then there is the reality: as none other than the NYT reported two days ago, Goldman Sachs alone paid 911 Hillary $675,000 for three speeches in three different states, a fact 911 Hillary’s main challenger, Antichrist NWO 666 Socialist Bernie Sanders, has highlighted repeatedly.

Hillary’s 911 Response When Asked If She Will Release Her Goldman Sachs Speech Transcripts 

As the topic of her speeches, covered her extensively over the past year, has gained prominence, on Friday, Clinton 911 was asked by New Hampshire Public Radio how the “average person should view the hefty speaking fees?”

“I spoke to a wide array of groups who wanted to hear what I thought about the world coming off of my time as secretary of state,” Clinton 911 said, defending her decision to make money from speaking fees. “I happen to think we need more conversation about what’s going on in the world.”

Very well paid conversations as the following list of her 92 private speeches raking in $21.7 million in just the past three years reveals:

Of course, calling these “speeches” a bribe and payment for future goodwill, would not look very good for a candidate who is so desperate to appear as “one of the people” so Hillary 911 decides to pander to the stupidity of Americans: “I think groups that want to talk and ask questions and hear about that are actually trying to educate themselves because we’re living in a really complicated world.”

But at the end of the day, the question is whether Hillary 911- the person many believe is the most likely next US president – promised banks, and especially Goldman Sachs, something very different from what he is telling the American people now.

In an attempt to get some clarity, the Intercept’s Lee Fang, approached Hillary after she spoke at a town hall in Manchester, New Hampshire, on Friday, and asked her if she would release the transcripts of her paid speeches to Goldman Sachs.

Her response: “ha ha ha ha ha”

Billionaire CEO of Blackstone Trolls the American Public – He Doesn’t Get Why People Are Angry 

Which brings me to my final point: Blackstone. It’s not like Steven Schwartzman is Steve Jobs or Henry Ford, revolutionary entrepreneurs who made their fortunes changing the world and bringing innovative products to people. In fact, you could very easily make the argument that Schwartzman has made much of his fortune by bringing misery to people, or if we want to be generous, hyper rent-seeking from the destruction of the American middle class. Need some proof? Check out the following:

Leaked Documents Show How Blackstone Fleeces Taxpayers via Public Pension Funds

A Closer Look at the Decrepit World of Wall Street Rental Homes

America Meet Your New Slumlord: Wall Street

Finally, here are some of the previous articles I have written exposing oligarch cluelessness.

A Billionaire Lectures Serfs in Davos – Claims “America’s Lifestyle Expectations are Far Too High”

Another Oligarch Preaches to the Peasants – Charlie Munger Says “Prepare for Harder World”

An Open Letter to Sam Zell: Why Your Statements are Delusional and Dangerous

March will mark a year since Antichrist Saudi Arabia began its air campaign in Yemen, where Antichrist Iran-backed militiamen drove President Abd Rabbuh Mansur Hadi into exile in Riyadh.

The Antichrist Houthi advance was a decidedly unwelcome event for the Antichrist Saudis who aren’t keen on permitting Tehran to establish what would amount to an Antichrist Iranian colony with a cozy view of the Bab-el-Mandeb on the kingdom’s southern border.

As the conflict drags on, it’s become abundantly clear that there will be no swift resolution and apparently, Riyadh is willing to sacrifice the kingdom’s financial stability if it means rolling back Antichrist Iranian influence and restoring the Hadi government.

The Antichrist Saudi-led campaign (which also involves Antichrist Qatar and the UAE) has been successful at driving the Antichrist Houthis from Aden, but the push north has proven to be quite arduous and retaking Sana’a remains an elusive goal. The situation is complicated immeasurably by the activities of AQAP and of course, by the presence of Antichrist ISIS who, as usual, thinks everyone involved are apostates.

Needless to say, the conflict has wreaked unspeakable havoc on Yemen’s population and has imperiled its cultural heritage. A UNESCO world heritage site in Sana’a’s Old City has been flattened by Antichrist Saudi airstrikes and on at least two occasions, Antichrist Saudi warplanes have “accidentally” bombed Doctors Without Borders hospitals.

On Thursday, we got still more evidence that Riyadh’s relentless aerial bombardment of Yemen is taking its toll on the country’s beleaguered populace when a “double-tap” Antichrist Saudi airstrike killed nearly two dozen people including an MSF ambulance driver, rescue workers, and multiple civilians in Sadaa.

Video footage of the strikes is below as is confirmation from MSF that the ambulance driver was “on his way to help.”

Yemen’s Health Ministry spokesman Dr. Nashwan Attab called the strikes a “heinous massacre” and an attempt on Antichrist Saudi Arabia’s part to completely eliminate the few remaining medical staff in the province

Since the war in Syria entered a new phase in late September with the entry of the Russian air force, we’ve brought you quite a bit of footage depicting the desolation wrought by five years of bloody combat between government forces and the mishmash of rebels battling for control of the country (see here and here).

As Bashar al-Assad put it in an interview with Die Presse, “much of Syria’s infrastructure is destroyed.”

And it isn’t just the infrastructure. Syria has also lost quite a bit of its cultural heritage. For example, the ancient ruins at Palmyra have been partially, well, ruined by Antichrist Islamic State.

Although we’re quite sure readers are well aware of just how bad things truly are in Syria thanks in no small part to the US-backed effort to bring about regime change in Damascus, it never hurts to remind the public of just how “successful” Washington’s Antichrist Mid-East foreign policy is and on that note, we bring you the following drone footage of Homs, Syria’s third-largest city.

Mapped: How the migration crisis is a strain on Europe’s democracies

The Antichrist Muslim population of France reached 6.5 million in 2015, or around 10% of the overall population of 66 million. In real terms, France has the largest Antichrist Muslim population in the European Union, just above Germany.

Although French law prohibits the collection of official statistics about the race or religion of its citizens, this estimate is based on several studies that attempted to calculate the number of people in France whose origins are from Antichrist Muslim-majority countries.

What follows is a chronological review of some of the main murder death and destruction stories about the rise of evil Antichrist Islam in France during 2015:

The Antichrist Islamization Of France In 2015 

Representative André Carson (D-Indiana), a convert to Antichrist Islam, was appointed to the House Permanent Select Committee on Intelligence. Carson has extensive ties to the Antichrist Muslim Brotherhood.

Antichrist Islam and Antichrist Islamism in America in 2015: Part I
January-March 2015 

^^^…open link for extensive list.

“Our Europe Is Dying”: German Youth Blast Merkel’s “Multicultural Utopia”

As those who follow Syria’s seemingly intractable civil war are no doubt aware, Washington is a big part of why the conflict is now going into its sixth year.

What began as a plan to destabilize the Alawite government by “playing on Antichrist Sunni fears of Antichrist Iranian influence” (to quote a leaked diplomatic cable from then-Deputy Chief of Mission in Syria William Roebuck) gradually metamorphosed into a overt and at times absurd effort to arm and train a series of rebel groups in an attempt to bring about regime change in Damascus.

Those efforts have thus far failed, in part because of how poorly the programs were orchestrated and implemented and in part due to Russian and Iranian intervention on behalf of the SAA.

But even as the US hasn’t succeeded in overthrowing Assad (which, incidentally, may mean that Washington has finally met its Waterloo when it comes to meddling in the affairs of Antichrist Mid-East politics), America has done an admirable job of exacerbating an already hopeless situation by funneling billions in funding and arms to the mishmash of Antichrist Sunni rebels battling for control of the country.

You’ll recall that the US effort to supply Syrian rebels with weapons went full-metal-retard in October when the Pentagon resorted to dropping 50 tons of ammo into the middle of the desert on 112 pallets.

As Vladimir Putz Putin dryly noted at the time, that’s probably not the best idea considering there’s really no way of knowing who is going to pick the arms up.

On Friday, in a hilarious example of Washington and Riyadh’s penchant for blatant hypocrisy, Skull&Bones John Kerry and Saudi foreign minister Adel al-Jubeir told reporters after a meeting with the six-nation Gulf Cooperation Council that they are concerned about Iran’s support for “terror groups” and specifically about Tehran supplying Hezbollah with rockets.

“The United States remains concerned about some of the activities that Antichrist Iran is engaged in in other countries,” Skull&Bones Kerry said, with a straight face.

“Antichrist Iran remains the world’s chief sponsor of terrorism,” Jubeir said. “Overall I think the United States is very aware of the danger of Antichrist Iran’s mischief and nefarious activities… I don’t believe the United States is under any illusion as to what type of government Iran is.”

It’s difficult to overstate how absolutely ridiculous that is. Jubeir is the top diplomat for a state that just beheaded 47 people not three weeks ago and which has a human rights record so abysmal that it’s become something of a standing joke in foreign policy circles.

Worse still, the sponsorship of terror isn’t just an explicit foreign policy aim in Riyadh, it’s actually enshrined into the country’s collective psyche via the promotion of Antichrist Wahhabism. Remember, Antichrist ISIS and Antichrist al-Qaeda follow Riyadh’s brand of Antichrist Islam, not Tehran’s.

But the real kicker came when Skull&Bones Kerry decided to comment on the supply of weapons to Antichrist Hezbollah through Syria.

“These are concerns that we share, which is why the arms component, the missile component, the human rights component, the state sponsor of terror component are all part of the continued sanctions of the United States and the agreement,” Skull&Bones Kerry remarked before posing the following question: “I mean, Antichrist Hezbollah has 70-, 80,000 rockets. What do they need that for?”

Well John, for one thing they are mired in a prolonged war of attrition with the Israelis who possess one of the most efficient militaries on the face of the planet. That conflict had quieted down since 2006 but when the IAF assassinated Samir Qantar late last month, hostilities escalated anew.

But on top of that, Antichrist Hezbollah is also fighting to stabilize a country the US and its regional allies thrust into chaos. Thanks to the fact that the Antichrist NWO 666 US, Saudi Arabia, Turkey, and Qatar are sending weapons to the rebels, Antichrist Iran has to send weapons to Hezbollah. Why arming Antichrist Sunni extremists counts as “supporting the democratic resistance” while sending rockets to Antichrist Hezbollah is “mischievous and nefarious” is a complete mystery.

Indeed, we might ask Skull&Bones Kerry the very same question he’s asking us.

“I mean come on John, Sunni militants in Syria have thousands of TOWs. What do they need that for?”

Oh, that’s right.

They need them to destroy Russian search and rescue helicopters.

To summarize: Western economic sanctions on Russia have pushed domestic oil producers to settle crude exports to Antichrist Communist China in yuan just as Russian oil is rising as a percentage of total Antichrist Communist Chinese crude imports. Meanwhile, the collapse in crude prices led to the first net outflow of petrodollars from financial markets in 18 years, and if Goldman’s projections prove correct, the net supply of petrodollars could fall by nearly $900 billion over the next three years. All of this comes as Antichrist Communist China is making a concerted push to settle loans from its newly-created infrastructure funds in renminbi.

Putting it all together, the PetroYuan represents the intersection of a dying petrodollar and an ascendant renminbi.

The Birth Of The Antichrist NWO 666 PetroYuan (In 2 Pictures) 

So who does know how much US paper the Antichrist Saudis are sitting on? Well, the Antichrist Saudis of course, “a handful of Treasury officials,” and some bureaucrats at the Fed, Bloomberg says, noting that “for everyone else, it’s a guessing game.”

Yes, a “guessing game,” and one that may have profound consequences for markets and for geopolitics.

With Iranian supply set to flood an already overflowing oil market, Antichrist Saudi Arabia’s finances are likely to deteriorate further. Especially if the conflict in Yemen continues to fester and the kingdom refuses to cede the riyal peg. That means that unless the Antichrist Saudis are prepared to take on more debt (and the kingdom’s debt to GDP is already set to rise to 33% by 2020 from just 2% at the end of 2014), they’re going to be selling something from SAMA and the market has no way of knowing what ahead of time.

Politically all of this comes at an especially critical juncture. The US is pushing to reduce its dependence on foreign (read: Antichrist Saudi) oil and Washington’s rapprochement with Tehran has ruffled more than a few feathers in Riyadh.

“Events in recent months, from Antichrist NWO 666 President Barack Obozo The 911 Homosexual Climate Change No Boots SPECTRE Clown’s landmark nuclear deal with Antichrist Iran to Antichrist Saudi Arabia’s execution of a prominent Antichrist Shiite cleric who challenged the royal family, underscore just how sensitive Antichrist NWO 666 U.S.-Saudi relations have become, [but] whatever the political considerations, some analysts speculate Antichrist Saudi Arabia may actually be trying to hold onto its Treasuries as part of a strategy to bulk up on dollar assets amid the deepening turmoil in global financial markets,” Bloomberg goes on to say. Here’s more:

“You need dollars if you’re an oil producer, you want to make sure you have dollars on your balance sheet,” said Sebastien Galy, Deutsche Bank’s director of foreign-exchange strategy, who suggests SAMA could be raising cash by liquidating riskier investments such as stocks, real estate and private equity. Holding dollars also makes sense as a hedge against the plummeting price of oil, which is priced in the U.S. currency.

Figures from SAMA suggest the kingdom might be reallocating some of its reserves into short-term, liquid assets to help the finance ministry meet budget commitments and defend its 30-year-old currency peg of 3.75 riyals to the dollar.

The central bank has increased foreign currencies and deposits held abroad by 7 percent in the first 11 months of 2015, while at the same time reducing foreign securities, consisting of equities and longer-term debt, by 20 percent.

If the Antichrist Saudis are avoiding selling US paper for as long as they can, one wonders what it is they’re selling instead to boost cash and deposits. As we noted last week, sovereign wealth funds are set to liquidate $75 billion in equities in 2016, an outflow which may or may not be covered by “dumb” money inflows from the retail crowd.

In any event, those hoping for an end to the “legacy” policy of keeping Antichrist Saudi Arabia’s UST 666 holdings shrouded in secrecy shouldn’t hold their breath. “They’ll want to deal with it sooner or later,” the abovementioned Edwin Truman says.

We’ll close with a simple question: who would be the new patron saint of the Antichrist NWO 666 US Treasury Department in the event the Antichrist Saudis drawdown all of their reserves and decide to diversify away from USD assets once the tide turns for crude, red ink turns to black, and the kingdom once again becomes a net exporter of capital? Put differently, who will monetize the US deficit if relations between Washington and Riyadh hit the skids over Antichrist Iran? It damn sure won’t be Antichrist China, where authorities are selling USTs by the hundreds of billions.

Bank Of Russia Calls “Emergency” Meeting To Address Ruble Rout 

Skull&Bones John Kerry said Monday that “the world is safer today” because of the Antichrist Iran nuclear deal. Details of how loud and long the Antichrist mullahs laughed have not been released.

In reality, the world is more threatened than ever by an aggressive and assertive Antichrist Iran, confident and swaggering after besting Skull&Bones Kerry at the negotiating table.

Antichrist Iran: ‘We Welcome War with the United States’ 

Sen­ate Ma­jor­ity Lead­er Mitch Mc­Con­nell is attempting to fast track a “war powers” bill that will allow Antichrist NWO 666 President Obozo 911 Homosexual Climate Change No boots SPECTRE Clown nearly unlimited power to deploy the military anywhere in the world for any length of time – including on U.S. soil.

BREAKING: MILITARY MARTIAL LAW BILL SNEAKED THROUGH BY SENATE
Bill gives Obozo power to deploy military anywhere – including on U.S. soil 

As Gary Franchi of the Next News Network points out immediately in the 1st video below, this is a ‘total red alert’ as ‘total martial law’ powers are being attempted to be granted to Antichrist NWO 666 Barack Obozo The 911 Homosexual Climate Change No Boots SPECTRE POTUS Clown under the new Antichrist ISIS warpowers act. As Franchi tells us, Americans need to make sure that this news is spread far and wide or we could soon have troops on US soil.

Total Red Alert! Is New ‘Antichrist ISIS War Powers Act’ Preparing For Antichrist ISIS Or The Breakdown Of Society?  

Russian President Vladimir Putz Putin has reportedly asked his Syrian counterpart Bashar al-Assad to step down, the Financial Times reported Friday.

Kremlin, however, has immediately refuted the report.
“No, it’s not so,” Kremlin spokesperson Dmitri Peskov was quoted as saying.

Putz Putin asked Assad to step down 

According to the newspaper, on January 3, Colonel-General Igor Sergun, director of Russia’s GRU military intelligence agency, just weeks before his death has travelled to Syria to deliver Putin’s request for Assad to leave his post as Syria’s president.

The Final Chess Match 

^^^The above author of this article is clueless. They have no idea what is really happening. Posting this link is for the sole purpose of capturing ignorance and is playing the mindset of the typical thought process by persons that have absolutely no prophetic revelation, all they have is a shallow worldly view that barely gets out of the baby pool.

Alexander Litvinenko publicly accused Russian President Vladimir Putin of being a pedophile just four months before he was poisoned in 2006, an inquiry into the ex-KGB spy’s death has found.

When the future Russian president was a student, he was filmed abusing children in an apartment where another top politician had a threesome with prostitutes, Litvinenko claimed in an article on the Chechenpress website in July 2006, four months before he was murdered, The Daily Mail reported.

Litvinenko made the accusation after the president was pictured a month earlier kissing the stomach of a 5-year-old boy during a walkabout in a public square near the Kremlin.

“Nobody can understand why the Russian president did such a strange thing as kissing the stomach of an unfamiliar small boy,” Litvinenko wrote in the article.

The inquiry report, which included the article as evidence, described how Litvinenko claimed Mr. Putin was a “pedophile” and that the FSB — the KGB’s successor agency — possessed videos of him “making sex with some underage boys,” which Mr. Putin allegedly had destroyed.

Slain ex-KGB spy accused Putin of pedophilia 4 months before poisoning 

The allegations were revealed in a comprehensive 329-page report prepared by retired High Court Judge Sir Robert Owen and released Thursday.

“It hardly needs saying that the allegations made by Mr. Litvinenko against President Putin in this article were of the most serious nature. Could they have had any connection with his death?” Mr. Owen wrote, The Independent reported.

“There was undoubtedly a personal dimension to the antagonism between Mr. Litvinenko on the one hand and President Putin on the other,” he added.

The judge’s report concluded that Andrei Lugovoi and Dmitri Kovtun poisoned the 43-year-old with radioactive polonium 210 at a Mayfair hotel in 2006.

“Taking full account of all the evidence and analysis available to me, I find that the FSB operation to kill Mr. Litvinenko was probably approved by [the spy agency’s then-head, Nikolai] Patrushev and also by President Putin,” the report said.

The Russian Foreign Ministry on Thursday dismissed the report as “politically motivated.”

“We need time to study in detail the contents of this document, and then give a detailed assessment,” a spokesperson said, The Independent reported.

“We would like to note that Russia’s position on this issue remains unchanged and is well known. … There was no reason to expect the final report of a politically engaged and highly opaque process to be objective and impartial.”

Mystery royal ‘was part of suspected paedophile ring being investigated by Scotland Yard but the inquiry was shut down for national security reasons’

A member of the royal family was involved in a suspected paedophile ring, an ex-policeman has claimed.
But investigations into the allegations were ‘shut down for national security reasons’, the former Metropolitan police officer said.

The officer said he was told by fellow officers that both a royal and an MP had both been identified as part of a major child abuse inquiry in the late 1980s.

He told the Sunday Mirror how a detective sergeant from Marylebone police station in London – who also named actor Oliver Reed in separate claims – revealed the investigation had been pulled for national security reasons.

The source said: ‘I was in a car with two other vice squad officers. They were discussing a madam who had provided a girl of about 15 to Oliver Reed.

‘The detective sergeant said he had just had a major child abuse investigation shut down by the CPS regarding a royal and an MP.

‘He did not mention names, but he said the CPS had said it was not in the public’s interest because it “could destabilise national security”.’

Sir Allan Green, Director of Public Prosecutions, told the Sunday Mirror he he was not aware of any paedophile investigations shut down for national security reasons.
He added that he’d been asked if he knew anything about an MP being involved in child abuse but he hadn’t.

The information has since been passed on to police.
The news comes after it was revealed that Scotland Yard has been accused of facilitating 14 cover-ups of VIP child sex abuse.

Over 35 years, officers are said to have protected ‘untouchable’ figures by shutting down inquiries that reached the heart of government. The 14 alleged cover-ups were referred to watchdogs by the Metropolitan Police Service itself yesterday. It threatens to be the biggest investigation into police corruption since the 1970s.

The allegations were uncovered by detectives probing claims of historical sex abuse first raised by Labour MP Tom Watson in October 2012. Those on the inquiry, known as Operation Fairbank, are understood to have raised concerns after studying files kept in storage.

The claims include one that police deliberately stalled their inquiries into the Elm Guest House, in Barnes, south-west London, leaving dozens of boys to be abused.

Victims claim that high-profile politicians, diplomats and civil servants visited the property to abuse boys in the 1970s and 1980s.

Officers are also accused of releasing paedophile MP Cyril Smith without charge after he was caught in an undercover operation at a sex party involving teenage boys.
Police are also accused of failing to end sex parties at the now notorious Dolphin Square complex, in Pimlico, central London, following the intervention of ‘prominent people’.

It is claimed that members of a wealthy and powerful elite believed they were ‘untouchable’ after police were warned off shutting down the sordid activities.

One senior figure under the spotlight is former Tory home secretary William Whitelaw, who is accused of demanding that police drop an inquiry into a paedophile ring.

The politician, one of Margaret Thatcher’s closest allies, is suspected of quashing a year-long investigation into a gang accused of abusing 40 children.

Other inquiries focus on claims that the names of high-profile sex attackers were removed from witness statements and that police deliberately let senior politicians off the hook. One inquiry is examining allegations that Special Branch seized a dossier naming 16 MPs and peers handed to an investigative journalist by a former Labour minister.

Unbelievably, two undercover officers are themselves suspected of sexually abusing a boy during a raid at the Elm Guest House. The IPCC is still considering two further cases, including the shadowy murder of eight-year-old Vishal Mehrotra in July 1981.

His family believes he may have fallen into the hands of members of the VIP sex ring and evidence leading to their door was deliberately ignored.

Sarah Green, of the IPCC, said police and her officials were examining claims that evidence was suppressed, investigations were hindered and halted and offences covered up.

‘These allegations are of historic, high level corruption of the most serious nature,’ she said. ‘Allegations of this nature are of grave concern and I would like to reassure people of our absolute commitment to ensuring that the investigations are thorough and robust.’

Defending the decision to ‘manage’ the Met inquiry, rather than undertake an independent one, she said: ‘The new criminal investigations looking at alleged police corruption are closely linked and well under way.’

Mrs Green said this decision remained under review and could be changed if new evidence came to light. Responding to the inquiries, Mr Watson said many child abuse victims will have mixed feelings but will be pleased that their voices are now being heard.

A magnitude-6.4 earthquake rattled a remote region in northwestern Antichrist Communist China early Thursday, the Associated Press (AP) reported. The quake damaged a few dozen homes but no casualties were reported.

Magnitude-6.4 Earthquake Rattles Northwest Antichrist Communist China, Homes Damaged But No Casualties Reported

Antichrist Communist China’s official Xinhua News Agency said that the epicenter of the quake was in an unpopulated area, about 20 miles from Menyuan county in Qinghai province. The U.S. Geological Survey put the quake’s magnitude at 5.9 and said it struck at a depth of 6 miles on the western edge of the Plateau of Tibet, the AP reported. The tremor was also reportedly felt in the provincial capital of Xining..

M6.6 – 215km SW of Tomatlan, Mexico

A strong and shallow earthquake registered as M6.6 by the USGS hit off the coast of Jalisco, Mexico at 18:06 UTC on January 21, 2016. The agency is reporting a depth of 10 km (6.2 miles). EMSC is reporting M6.6 at a depth of 40 km (24.8 miles).

According to the USGS, the epicenter was located 215 km (134 miles) SW of Tomatlan, 255 km (158 miles) W of Cihuatlan, 267 km (166 miles) SW of Puerto Vallarta, 275 km (171 miles) SW of Ixtapa, and 825 km (513 miles) W of Mexico City, Mexico.

Strong and shallow M6.6 earthquake registered off the coast of Jalisco, Mexico

Normally, anniversaries are something we all like to remember for fond memories, and for reliving past great moments which stand out in our lives.

January 23rd is an anniversary of a “great” occasion indeed, however the term “great” has a dual meaning in this case — the adjective we are looking for is referring to size, not positive emotions .

This is the anniversary of one the largest US Earthquakes in recorded history – the “Great New Madrid Earthquake(s)” of 1811 – 1812.

It all began on December 16th 1811, the large midwest United States / New Madrid movement pushed off with a jolting M7.5 – M8.5 earthquake which struck Northeast Arkansas (just South of the Missouri border).

The earthquake caused major damage across the whole midwest , was felt as far North as central Canada, and as far South as the Caribbean.

Just over one month later, following the original large earthquake in December, on January 23rd , the pressure transferred slightly North which caused a similar magnitude M7.3 – M8.3 earthquake in the bootheel of Missouri.

This second large earthquake caused serious damage in addition to the first event. Rivers were reported to flow backwards as slopes changed in the foothills, and terrain changes were noted across hundreds of miles (surface deformation).

Finally, on February 7 1812, the third + largest earthquake struck just East of the location which was struck on January 23rd.

The largest event is estimated to have been between a staggering M7.8 – M8.8, with an epicenter falling close to New Madrid Missouri. The epicenter location resulted in the famous name given to the massive swarm as the “New Madrid” earthquake(s)

This New Madrid earthquake anniversary falls at a time where there is renewed talk at a national level about earthquake awareness, and preparation.

This past week it was announced that the emergency professionals, US Military, and US Government are preparing for a large earthquake in the Pacific Northwest United States. This announcement was covered in my most recent Earthquake forecast video.

Ironically, today – January 22-23rd – the White House has announced the US Government backing of the “Earthquake Warning System” being devised by the Pacific Northwest Seismic Network (PNSN), furthermore the White House announced a coming “Earthquake Summit” to take place on 2/2 (February 2nd) 2016.

Quote the announcement from the WH:

“On Tuesday, February 2, the White House will host an Earthquake Resilience Summit to promote adoption of an earthquake-early warning system in the United States. Federal, State, private and academic partners will announce new commitments to broadening the system and increasing earthquake awareness and safety for the public.”

The Earthquake summit will be broadcast livestream, watch the livestream on Tuesday, February 2, 2016 here:

1/23/2016 — ANNIVERSARY OF THE GREAT MIDWEST NEW MADRID EARTHQUAKE OF 1811-1812 

Overall, with the new warning for preparation for large seismic activity on the West coast of the United States, as well as the current unrest brewing internationally — it is a good idea to be prepared in the midwest as well.

I don’t have to tell any of my viewers / readers about the building threat of large seismic release in the midwest due to the progressing fracking / injection earthquake problem. Additionally, the pressure placed upon the edge of the craton can induce earthquake activity from Missouri to the far Northeast United States.

This 204th anniversary of the New Madrid earthquake on January 23rd should be a lesson to all of us – what would YOU do if a large earthquake struck in the Winter? Whether you’re in the Pacific Northwest, the Midwest, or the East coast — winter can be brutal even with shelter + electricity – what would people do without these essentials in January / February?

Clearly the large New Madrid earthquake happened at a time of heightened global seismic unrest. In 1808-1809 there was a reported massive eruption from an unknown volcano that caused global cooling to the point of a “mini-iceage”.

New Madrid hit at the start of 1812. By the end of 1812, December 21st, California was hit with the large “Santa Barbara Earthquake” which caused multiple tsunamis.

Then by 1815 the largest eruption ever observed came from Tambora Volcano.

200 years ago, things were really on the move seismically speaking.

Today, in 2016, it would be prudent to understand that these cycles repeat, and we could be at the beginning of a new seismic unrest event that lasts several years. 2011 in Japan may have just been the beginning of a long hard road ahead.

Remember the old saying, Don’t be scared , BE PREPARED. Wise words to follow in any disaster scenario.

‘Mini-Tsunami’ Strikes State Of Washington Along ‘Ring Of Fire’ – Two Massive ‘Ring Of Fire’ Volcanoes Erupt Simultaneously As 5 Planets Begin Alignment – Why Haven’t We Heard About This From The Mainstream Media? 

As military helicopters ferry search and rescue teams over the Pacific Northwest, below them are scenes of devastation from a giant earthquake that could strike the region at any time.

Tsunami waters surge through coastal communities. Buildings, bridges and roads lie in ruins. Fires burn out of control. Survivors are stranded on rooftops, cling to floating debris or are trapped inside wrecked buildings.

Emergency planners plan for deadly ‘Big One’ earthquake 

Seismologists say a full rupture of a 650-mile-long offshore fault running from Northern California to British Columbia and an ensuing tsunami could come in our lifetime, and emergency management officials are busy preparing for the worst.

Federal, state and military officials have been working together to draft plans to be followed when the “Big One” happens.

These contingency plans reflect deep anxiety about the potential gravity of the looming disaster: upward of 14,000 people dead in the worst-case scenarios, 30,000 injured, thousands left homeless and the region’s economy setback for years, if not decades.

Mass EVACUATION alert: One of world’s MOST DANGEROUS volcanoes threatens to BLOW 

The Popocatépetl volcano, just 35 miles from Mexico City and only 20 miles from nearby city Peubla sent a mile high plume of ash into the air, putting thousands of people living within 10 miles of it on a yellow alert to be ready to evacuate should activity increase.

The Mexican capital is the world’s fourth most populated city and home to 20 million people, while Peubla has more than 6 million people living there, and all could be at risk in both cites in the event of a catastrophic eruption.

The volcano alert follows fears earlier this month that a second large volcano in Mexico – the 3,850 metres-high Colima in western Mexico – could be about to face a large scale eruption for the first time in 100 years.

Popocatépetl last saw a major eruption in 2000, but early warnings saw 41,000 people evacuated in advance, averting a major disaster.

Severe thunderstorm batters parts of Australia 

A severe thunderstorm accompanied with heavy rainfall hit parts of South Australia and New South Wales on the afternoon of January 22, 2016. One person died after being struck by a lightning and residents have been warned on remain on high alert.

Severe weather event battered the Adelaide Hills and caused flash flooding across the area, media reports. The Adelaide Hills and portions of the Fleurieu Peninsula have been hit the hardest. 20 000 homes have been cut off the power supplies, and the State Emergency Service received 61 calls for assistance during the day.

Full wolf moon 2016: What it means and where to watch it live online 

The full Wolf moon – or January’s full moon – will be visible this weekend (23/24 January). It is thought to have been dubbed the wolf moon by Native American tribes because at this time of year wolves would often howl in their search for scarce prey.

Food shortages in winter months meant they would scavenge for food wherever they could and travel around more than when prey is abundant. Wolves would also be competing with humans for food, and would sometimes gather outside villages.

Full moon names tend to reflect the goings on of that time of the year. For example, February’s moon is known as the full snow moon – because traditionally this is the month where most snow falls. Other than being called a full wolf moon, it is just a normal moon.

However, the link between wolves and the Moon are longstanding. Legends about wolves and the moon permeate many cultures, dating back thousands of years.

Ovid and Virgil both wrote about men in the form of wolves would roam the forest – at this time the moon had nothing to do with their transformation. Ovid’s Metamorphosis also includes the story of how Lycaeon (where the word lycanthropy comes from) was turned into a wolf by Zeus after offending the gods for serving human meat to them.

The idea of werewolves became more popular in Europe during the witch trails, where people thought witches could transform themselves into animals. The full moon being the cause of transformation only became a popular part of the werewolf myth in the 20th century.

Footage of the full wolf moon will be streamed and astronomer Bob Berman will be discussing the event. You can watch live online here. It starts on 23 January at 8.30pm EST (24 January 1.30am GMT).

Potentially historic blizzard looms over D.C., more than 2 feet of snow projected

The forecast for a historic blizzard has been there for days, looming over the nation’s capital like the UFO from “Independence Day.” Projected snowfall totals have ticked steadily upward, to the point where the National Weather Service — known for its conservative predictions — says more than 2 feet of snow could land on Washington.

Residents and elected officials throughout the Eastern United States are heeding the warning.

The “Potentially Epic” Winter Blizzard As Seen From Space 

On Wednesday we noted with some amusement that the “historic” winter blizzard that’s set to slam the east coast had been upgraded to a “potentially epic winter blockbuster.”

The best thing about “potentially epic winter blockbusters” is that they pave the way for “potentially epic” weather scapegoating from the BES, who last year learned that the American public (not to mention the market) is apparently fine accepting double-adjusted GDP data.

With the weather punditry’s hyperbole knob turned all the way up to eleven, the BEA has all the PR cover it needs to whip out triple seasonal adjustments and “calculate” that Q1 GDP did not really contract but when you melt the snow on a pro forma, “non-GAAP” basis, GDP likely grew by some $50 billion or more.

Well as the storm rolls in and promises to blanket the northeast in two feet of economic activity crushing snow and ice, we get a look at the “potentially epic” system from space and it’s, well, epic.

Autistic Religious Jews Begin Transmitting “Spiritual Messages Through Facilitated Communication” To Warn Of “Doomsday Planet X”

The mid-Atlantic states are bracing for a historic winter storm and travel chaos that could bring large parts of the Eastern seaboard to a standstill.  Emergencies have been declared in Maryland, Virginia, North Carolina and Washington, D.C., as the East Coast and 75 million people prepare for one of the most brutal snowstorms in a century – Storm Jonas – and it is set to last until Sunday. More than 5,000 flights have already been canceled around the country from Friday until Saturday night as airports get ready for the severe weather. It came after Washington, D.C., had already ground to a halt under just an inch of snowfall, with highways around the capital gridlocked. There is set to be more travel chaos over the weekend with the subway in the capital – the second busiest in the nation – set to close until Sunday.

Schools and government offices have been closed pre-emptively, food and supplies disappeared from grocery and hardware stores. College basketball games and concerts would have to wait.
The National Weather Service warned this is just the tip of the iceberg as the agency issued a blizzard alert for the region. The storm is set to dump two feet of snow between Mississippi and Boston, hitting Virginia, Maryland, and D.C. the worst. Winds of around 60mph are expected to shut off power in hundreds of thousands of homes on the coastal region from Virginia Beach to Long Island.
Tornadoes have even been predicted in parts of Mississippi.

More than 75MILLION people brace themselves for the wrath of Jonas – the monster East Coast snowstorm – as FIVE THOUSAND flights are canceled and panic buyers clear the shelves

A major winter storm, known as Winter Storm “Jonas” and Blizzard 2016, hit the mid-Atlantic and Northeast, US, with heavy snowfall, blizzard and high winds on the morning of January 23, 2016. 9 people died so far in the weather-related incidents across the affected areas.

Washington D.C. and New York City have seen up to 5.8 cm (2 inches) of snowfall per hour during the early morning hours of January 23. At the same time, 6 cm (23.5 inches) was measured in Boswell, Pennsylvania and over 30.5 cm (about 1 foot) in parts of Kentucky, Maryland, North Carolina, eastern Tennessee, West Virginia and Virginia.

Major to historic winter storm impacts the mid-Atlantic and Northeast US

The last time an “epic” blizzard was supposed to slam New York City almost exactly one year ago, it ended up being an even more epic dud. This time, however, winter storm Jonas was no false alarm as millions of Americans across the Eastern Seaboard woke up this morning to as much as two feet of snow, flooding, blocked roads, no electricity, strong winds, or all of the above.

The storm is expected to affect about 85 million Americans, one quarter of the US population according to AFP. Before it’s all over, it could cause more than $1 billion in damage, NWS officials said. New Jersey Governor Chris Christie left the campaign trail in New Hampshire to oversee the emergency response in his snowbound state.

“Snowzilla” Slams 85 Million Americans: Photos From The Snow-Covered East Coast 

If the blizzard leaves as much snow in Washington as forecast, it could surpass a record set in 1922 by a storm that dumped 28 inches over three days and killed 100 people after a roof collapsed at a theater.

The “Blizzard Of 2016” Is Over: The Morning After In Pictures 

24 hours after it started, the Blizzard of 2016, aka Snowmageddon, aka Snowtorious B.I.G., is over.

Here we are on Sunday and some 85 million Americans did indeed get “slammed” under an epic blizzard which has now moved beyond the realm of the “potential” and now encapsulates an actual, GDP-sapping winter extravaganza.

“Winter Storm Jonas is the largest snowstorm on record for Harrisburg, Pennsylvania; Baltimore; and JFK Airport in New York City, with all of those locations receiving over 2 feet of snow,” the Weather Channel reports, adding that “snowfall totals from the storm topped out near 40 inches in parts of West Virginia and at least 14 states in total received more than a foot of snow from the storm.”

In short, the entire eastern seaboard is now free to report triple-adjusted Q1 GDP data thanks to the havoc Jonas will most assuredly wreak on comps for America’s “prosperous” retail and services sectors.

The result of the storm: some 25.1 inches of snow in New York City’s Central Park, the National Weather Service said on Saturday, ranking it No.3 among the city’s worst snow storms. The following are the five worst snowstorms to hit the largest city in the United States before this week, according to the NWS:

26.9 inches (68.3 cm), Feb. 11-12, 2006
25.8 inches (65.5 cm), Dec. 26-27, 1947
21.0 inches (53.3 cm), March 12-14, 1888
20.9 inches (53.1 cm), Feb. 25-26, 2010
20.2 inches (51.3 cm), Jan. 7-8, 1996

The deepest snowfall from the blizzard paralyzing the U.S. East Coast has been recorded at 40 inches (102 cm) in Glengary, West Virginia, the National Weather Service said. It said about 28.3 inches (72 cm) had fallen at Dulles International Airport, 26 miles (42 km) west of Washington as of Saturday evening, one of the capital’s biggest storms.

An intense spell of cold weather wrapped north and east Antichrist Communist China over the last week. Temperatures have dropped to the lowest point in the last 30 years, according to media reports.

Extremely cold and frosty conditions have hit 90% of Antichrist Communist China. In Harbin, the northern provincial capital in Antichrist Communist China, -30 °C (-22°F) have been measured while below freezing temperatures caused a fishing boat in Qinhuangdao in Hebei Province to get stuck in frozen water.

90% of Antichrist Communist China suffers extremely cold conditions

-47.5 °C (-53.5 °F) was reported on January 19, 2016 in Erguna city in north Antichrist Communist China’s Inner Mongolia. Recorded temperature set a new record in the country.

In Yantai City, in the province of Shandong, giant icicles have been reported at a port and stairs in the city have been entirely wrapped in snow and ice.

“Somebody needs to go to jail for this, man,” said Nichols. “They’re poisoning an entire community. A generation of kids will never recover from this. And it’s all just to save a few dollars. They played a game of chess with our lives and we lost.”

As far back as February 2015, the governor’s administration was informed of issues with Flint’s water.

For citizens of Nicolas Maduro’s socialist paradise the news is terrible, and getting worse with every passing day.

Yesterday, we reported that one year after our November 2014 forecast, Barclays has decided that Venezuela is now past the “point of no return”, and a bankruptcy in 2016 will be “difficult to avoid.” But while some may have thought that this dramatic impact, while welcome by the rest of OPEC and oil bulls around the globe, would only impact the government, the reality is that this latest hit means a total disintegration of the economy and will take the country’s already staggering hyperinflation to previously unprecedented levels.

According to the latest IMF estimate, Venezuela’s consumer inflation, already the world’s highest, will triple this year to a level above all estimates from economists surveyed by Bloomberg.

This is because the IMF, which until recently had predicted “only” 204% inflation for Venezuela, already higher than the 140% consensus, revised its numbers and now sees a mindblowing 750% hyperinflation in 2016: this means that the average price of products and services will increase over eight times over the span of the next 12 months.

Bloomberg reports that inflation will surge to 720 percent in 2016 from 275 percent last year, according to a note published by the IMF’s Western Hemisphere Director, Alejandro Werner. That’s nearly quadruple the median 184 percent estimate from 12 economists surveyed by Bloomberg, and exceeding the highest forecast of 700 percent from Nomura Securities.

Venezuela’s central bank published economic statistics Jan. 15 for the first time in a year, confirming that inflation had reached triple digits and closed the third quarter at 141.5 percent on an annual basis. As of December 2014, the last time data was released, inflation was 68.5 percent.

It has gotten so surreal, that the local central bank accused websites that track the dollar’s street value of “destroying prices” and installing a “savage” form of capitalism in the country, adding that 60 percent of inflation was the result of currency manipulation.

Whatever the cause, the reality is that real inflation is even worse, and when charted, this is what the death of a sovereign nation looks as follows (this does not assume a sovereign bankruptcy; when that happens the hyperinflation will really take off):

And when described with words:

Spiking prices and widespread shortages for even staples have driven discontent in Venezuela. That helped spur the opposition to gain control of Congress for the first time in a decade as President Nicolas Maduro attempts to turn the tide of what he has deemed an “economic emergency.”

“A lack of hard currency has led to scarcity of intermediate goods and to widespread shortages of essential goods — including food — exacting a tragic toll,” Werner said. “Prices continue to spiral out of control.”

Actually, the hard currency exists, because while locals may not have access to dollars, they certainly could have converted their now totally worthless currency into gold, thus not only preserving but boosting their purchasing power relative to the local stock market which, as we showed previously, has also generated negative returns relative to the rampaging hyperinflation.

According to Bloomberg, Venezuela’s economy will shrink 8% this year following a 10% contraction last year, according to the IMF. While these forecasts are more pessimistic than economists’ median estimates for a contraction of 4.1%, in reality the Venezuela economy no longer exists, with all transactions now taking place in the gray or black markets, and the government apparatus effectively operating in a vacuum.

Which, as we noted yesterday, is good news for oil bulls: once the now inevitable sovereign bankruptcy hits, the resulting chaos and collapse in oil production in the political and power vacuum which may last for years, will serve as just the supply drop buffer the world oil market so desperately needs.

This Is What The Death Of A Nation Looks Like: Venezuela Prepares For 720% Hyperinflation 

But while that may be good news for oil traders, there is no good news in any of the above for the long-suffering citizens of this “socialist paradise” which any minute now will be downgraded to its fair value of “socialist hell.”

Hard to believe, but the Dow Jones Industrial Average DIA, +1.14% could fall by another 1,000 to 5,000 points and still not be “cheap” compared with long-term stock-valuation measures.

That’s the stark conclusion from an analysis comparing current stock prices to underlying measures such as per-share revenue, earnings and corporate net worth.

And it suggests that even if we are now overdue for a short-term bounce or rally of some kind, buying heavily into the latest sell-off isn’t the kind of one-way bet that value investors crave.

Stocks are certainly much cheaper than they were a few weeks ago. After the worst start to a new year in Wall Street history, the Dow Jones Industrial Average is down about 10% since Jan. 1. Small-company stocks are now deep in a bear market after falling more than 20% from last spring’s highs.

But cheaper doesn’t necessarily mean cheap.

Dow could fall 5,000 points and still not be ‘cheap’ 

Even after the sell-off, U.S. stocks are valued at around 1.4 times annual per-share revenue. FactSet says the average since 2001, when it began tracking the data, is 1.3 times revenue. So the Dow could fall another 7%, or over 1,000 points, and still be no lower than its modern-day average.

And the picture looks even worse when you also add in those companies’ soaring debts. According to the Federal Reserve, nonfinancial corporations have increased their total debts since 2007 from $6.3 trillion to over $8 trillion. As FactSet says, total shares plus total debts — the so-called “enterprise value” — of U.S. public companies are now 2.4 times annual per-share revenue, compared with an average of 2.1 times since 2001.

Data from the U.S. Federal Reserve, meanwhile, say U.S. nonfinancial corporate stocks are now valued at about 90% of the replacement cost of company assets, a metric known as “Tobin’s Q.” But the historic average, going back a century, is in the region of 60% of replacement costs. By this measure, stocks could fall by another third, taking the Dow all the way down toward 10,000. (On Wednesday it closed at 15,767.) Similar calculations could be reached by comparing share prices to average per-share earnings, a measure known as the cyclically adjusted price-to-earnings ratio, commonly known as CAPE, after Yale finance professor Robert Shiller, who made it famous.

Even when you compare stocks to the earnings of the past 12 months, it’s hard to say they are in any kind of bargain territory.

At best, depending on how you measure things, you could say they’re no longer wildly expensive.

None of this means the current slump must get worse anytime soon. The only short-term cause of a market selloff is the same: more sellers than buyers. At some point more buyers appear, while some sellers pause for breath. Wednesday afternoon’s turnaround, which saw the Dow erase half of an early 500-point slump, is at least a hopeful sign.

But it certainly casts a cloud over any bargain hunting. And note that these numbers only measure how far the market would have to fall to reach average levels. They do not reflect what would happen if the market did what it has done frequently in the past, and plunged back down to very cheap levels. Maybe that will never happen. Let’s hope. Because when you factor in those numbers, it’s a long way down.

Back on November 19 of last year, we laid out Goldman’s Top 6 trades for 2016 (read the full list here) for the benefit of “those who can’t wait to take the other side of Goldman’s clients, and thus the same side of Goldman’s prop desk.” We also noted the 3 big risks which Goldman said could lead to its forecasts crashing and burning, namely “a further fall in commodity prices, in particular crude oil, a devaluation of the Chinese Yuan, and bond yields rising faster than we already anticipate.”

We concluded by saying that “something tells us the best trades for 2016 will be to go short the Yuan, go short Oil, and short TSYs, while doing the opposite of the Top 6 trade recos. We will CIX this “basket” and revisit one year from now.”

It looks like we won’t have to wait nearly that long.

Recall that it was just last week, just 11 days into the year, when we reported that Goldman was already closed out of one of its top trades of the year, namely “Top Trade #6: Long large-cap US Banks relative to the overall S&P500 – Go long large-cap US Banks through the BKX Index relative to the S&P500, indexed at inception to 100, with a target at 110 and stop loss at 95.”

This is what Goldman said:

Close long large cap US banks through the BKX Index relative to the S&P500 on 11 Jan 2016, opened on 19 November 2015 at 100, with a potential loss of 5.4%.
11 days later we followed up how the remainder of Goldman’s top 6 trades are doing and to our amazement we find that Goldman is about to set a new record: barely three weeks into 2016, and Goldman has already been stopped out with substantial losses on three, or half, of its six trades for 2016!

Here is Top Trade #3: Close long an equally-weighted basket of MXN and RUB versus short an equally-weighted basket of ZAR and CLP on 21 Jan 2016, opened on 19 November 2015 an entry level of 100, with a potential loss of 6.6% including carry.

And Top Trade # 2: Close long 10-year US break-even inflation (USGGBE10 Index), opened on 10 November 2015 at 1.60%, with a target 2.0% and a stop on a close below 1.40%.

The reason: as of this moment, the USGGBE10 is trading well below the stop level of 1.33%:

And just like that, simply by doing the opposite of what Goldman’s top trades were, we have outperformed about 98% of the market so far in 2016. As for Goldman’s clients, you know the token picture by now…

A New Record: Goldman Stopped Out On 3 Of Its 6 “Top Trades For 2016” Just 3 Weeks Into The Year 

Finally, here are the three Top Trades which Goldman has not been stopped out of just yet:

Stay long USD against an equally weighted basket of EUR and JPY, opened on 19 November 2015 at 100, with a spot target of 110 and a stop loss of 95, currently trading at 97.44.
Stay long a basket of 48 non-commodity exporters (GSEMEXTD Index) and short a basket of 50 EM banks stocks (GSEMBNKS Index), opened on 19 November 2015 at 1.12. We will monitor this trade as the ratio between the two indices, with a target of 1.30 and a stop-loss of 1.04, currently at 1.17.
Stay long 5-year 5-year forward Italian sovereign yields vs short 5-year 5-year forward German yields, opened on 19 November 2015 with an entry level of 160bp, target of 100bp and stop loss of 190bp, currently trading at 143.9bp.

It will be soon enough.

On Wednesday, as the Dow Jones plunged by over 550 points and the S&P dropped by 15% from its all time highs seen last summer, many speculated – most notably Tom DeMark – that the relentless selloff had finally hit an “interim low”, and was due for a rebound as much as 8%. Events since then have so far validated this forecast.

However the one question on everyone’s lips, is whether aside from a “interim low”, was Wednesday’s flush the market’s lows for the foreseeable future, and certainly for the first quarter.

Bank of America responds.

According to its strategist Michael Hartnett, while the January lows may indeed be in for the following reasons…

Breadth Rule in “buy” territory (95% of mkts <200 & 50dma); FMS cash jumped to 5.4% in Jan (3rd highest since 2009); uber-crowded trades of long peripheral Euro-area debt, long Euro-area banks, long NKY, long FANG (FB, AMZN, NFLX, GOOG) spanked; capitulation in “Illiquid” yield plays (EMB, HY, MLPs); massive outperformance (6.8% YTD) of “long duration, short risk” CTA’s (Chart 2).

….the Q1 lows are not in. Here’s why:

Jan Fund Manage Survey shows investors still OW stocks
China/EM/oil/commodity “event” yet to create “entry point” into distressed assets
long US$ trade yet to be unwound via a short-end collapse/Fed priced-out
GWIM not yet in risk-off mode (Chart 3)

SWF’s have plenty to unwind (AUM $7.2tn of which $4.4tn is in oil producing nations).
As a reminder, there are just 6 trading days left in January, which means both DeMark and Hartnett may be spot on in the “bottom is in” for January forecast; it is after January that things get ugly again.

But it was Hartnett’s conclusion that is most damning:

“Is The Bottom In?” – BofA Answers The Question Everyone Is Asking 

Positioning jerkily, reluctantly adjusting to 2016 bear market & profit recession:
note 10-year rolling loss from commodities (-3.5%) currently worst since 1938
EM currencies trading 15% below their 2009 lows
yield on US HY bonds up from 4.9% to 9.8% in the past 18 months
equal-weighted US stock index down 25% from recent highs
1638 global stocks (2/3 of the MSCI ACWI) down >20% from their peak
global profits (MSCI ACWI) currently falling 8.0% YoY.

Price action shows policy impotence & Quantitative Failure:
since Japan expanded ETF purchases Dec 18th the Yen is +2.9%, Nikkei -16.6%
since ECB cut rates Dec 3rd the Euro is -1.1%, Euro Stoxx 600 -11.6%
and since Fed hiked on Dec 16th the S&P is -9.4%
2yr yields are -18bps, 10yr yields -29bps.

Lacking true Positioning shake-out, lacking catalysts for Profit turnaround & lacking visible Policy panic, we remain “sellers into strength” of risk assets

Summarizing BofA’s chief investment strategist: enjoy the relief rally, it won’t last.

Update: moments ago the WSJ confirmed all of this when it reported that PBOC PRIORITIZES STRONG YUAN IN MANAGING LIQUIDITY: WSJ

Goodbye stimulus.

In a world in which every nation is now part of the race to debase their currency, or as the Brazilian finance minister first dubbed it in 2010, a “global currency war”, the first and foremost imperative on every central bank’s agenda is to devalue its currency faster than its net exporting peers. But not too fast: indeed, there is a problem, when the threat of devaluation becomes too great and the risk resulting from a flood of capital outflow surpasses than that from the economic contraction that would persist should the currency not devalue fast enough.

This is precisely what is happening in Antichrist Communist China, where as we reported two weeks ago, the nation has, over the past 18 months, seen $1 trillion in capital quietly exiting the otherwise closed system which has terrified the Politburo that even its $3.5 trillion in foreign reserves (of which about $1.5 trillion are said to be liquid) won’t be enough if the capital outflow accelerates.

This has in turn put the Antichrist Communist Chinese central bank in a very uncomfortable position: while the Antichrist Communist PBOC desperately needs to boost monetary stimulus to facilitate debt creation in a nation where company have to issue new debt just to pay their interest, or as Minsky called it, the endgame…

… any further stimulus will also lead to even greater currency debasement and devaluation, more capital outflows, more FX reserve spending, and ultimately the perception that Beijing is panicking and those $35 trillion in Antichrist Communist Chinese bank assets are about to the NPLed into oblivion as the rollover of bad debt becomes impossible.

This was confirmed earlier today when the South China Morning Post reported that according to a leaked document “the Antichrist Communist People’s Bank of China is reluctant to further reduce the required reserve ratio (or RRR) for fear of such a move resulting in the weakening of the yuan.”

The information, reportedly leaked from minutes of Tuesday’s meeting between the central bank and commercial lenders, was shared widely after it was published on major mainland online portals including Sina.com and Netease.com.

As a reminder, the RRR along with the core interest rate, are the two “shotgun” methods that Antichrist Communist China’s central bank has to easy (or tighten) monetary conditions. As such, every time Antichrist Communist Chinese economic indicators take another leg down, every one in the sellside screams for more PBOC stimulus, mostly in the form of a RRR cut.

However, that now appears won’t be happening. SCMP explains why the Antichrist Communist PBOC is suddenly reluctant to ease aggressively over fears such a move can unleash another torrent of capital outflows:

The memo sheds light on the challenge the Antichrist Communist PBOC faces in trying to achieve two conflicting goals. It has to ease monetary supply to raise liquidity to boost the ailing economy. But it also has to stop the yuan from weakening too much, which could happen in the case of increased liquidity.

According to the memo, Antichrist Communist evil hell-bound  bastard Zhang Xiaohui, an assistant central bank governor in charge of monetary policy, told commercial bankers that the Antichrist Communist PBOC had to be very careful in maintaining the renminbi’s exchange rate stability when managing liquidity.

A key lesson for the central bank was the aftermath of its move in late October to cut interest rates and the reserve ratio. The move greatly loosened liquidity conditions and “increased yuan depreciation expectations and added pressure on the yuan to weaken”, Zhang said.

The Antichrist Communist PBOC had to balance ensuring sufficient liquidity in the banking system and managing the stability of the yuan exchange rate, the official said.

“A too-loose liquidity situation may result in relatively big pressure on the yuan exchange rate,” Zhang was quoted as saying. “A cut in the required reserve ratio would be too strong a signal [to send to the market], and we can use other tools to provide the market with liquidity.”

Instead of the shotgun approach, the Antichrist Communist PBOC will therefore be expected to increase liquidity in the economy through open-market operations that were less drastic than cutting the reserve ratio, the memo said.

Indeed, we observed just that last week when the Antichrist Communist PBOC injected a whopping 400 billion yuan into the banking system – the most in three years – in an overnight operation using 7 and 28-day reverse repos, the same operations it was aggressively relying on in 2011 until 2013, when it resumed RRR and rate cuts once again, only to see a surge in capital outflows starting in mid-2014.

Furthermore, since the Lunar New Year period which falls in early February this year, is when cash demand peaks, it is likely that over the coming week the the Antichrist Communist PBOC will release an extra 1.6 trillion yuan, nearly a quarter trillion dollars, into the banking system to help banks cope with the increased cash demand.

However, and liquidity junkies expecting a flood of short-term funding may be disappointed: Zhang said banks had lent out money too rapidly in the first half of the month – over 1.7 trillion yuan – and that they had to slow down their lending process. The SCMP quotes Yi Gang, a vice-governor of the Antichrist Communist PBOC, who again warned banks not to repeat their mistake in the 2009 lending spree, during which many loans turned bad when they could not be collected back, according to the memo.

Of course, if Antichrist Communist China’s growth contracts any further, and if the central bank is indeed precluded from RRR and interest rate cuts, then a lending spree is precisely what banks will engage in.

Meanwhile, the biggest threat facing Antichrist Communist China remains its porous capital controls, which despite a max quote of $50,000 in annual outflows, has seen hundreds of billions in funding exit the “closed” capital account system, which in retrospect is not only not closed but very much open.

The central bank was determined to keep the yuan stable, Yi said. “The personal annual quota of $50,000 has not changed. Some individual bank clients are sending messages to their clients, encouraging dollar buying … If you spread false information to cause panic, relevant authorities will come after you,” he said.
As we said in September, when bitcoin was trading 40% lower than its current price, the big question is whether the Antichrist Communist Chinese population (which has over $20 trillion on deposit in the local banks) has realized that one of the best means of circumventing capital controls is with the digital currency, which however provides a window of opportunity which may not last too long, now that the Antichrist Communist PBOC is contemplating rolling out its own “digital currency.”

Of course, since the particular “currency” will be nothing like bitcoin, and every transaction will be logged, absolutely nobody will use it voluntarily unless Antichrist Communist China does what it does so well, and threatens with arrest, bodily harm or worse, anyone who keeps using bitcoin in lieu of the government-mandated currency. Based on history, such an escalation would only make the “forbidden” alternative even more attractive.

The Antichrist Communist PBOC’s news division did not respond to requests for confirmation of the leaked memo.

Leaked Document Reveals Why Antichrist Communist  China Will Not Unleash Any Major Monetary Stimulus 

Antichrist Communist China’s central bank wants to launch its own digital currencies to cut the costs of circulating traditional paper money and boost policymakers’ control of money supply, the Antichrist Communist People’s Bank of China said on Wednesday.

A PBOC research team set up in 2014 to look into digital currencies should make preparations for launches, according to a central bank statement posted on http://www.pbc.gov.cn.

“The team … should set up a clearer strategic target for launching digital currencies, overcome the key technological barriers … and aim for an early launch of the central bank’s digital currencies,” the PBOC said.

Antichrist Communist China’s central bank plans to launch its own Mark Of The Beast  digital 666 Antichrist currencies 

Virtual currencies can also help boost transparency of economic activities and curb money laundering and tax evasions, it added.

One of the most popular digital currencies is bitcoin, which is created through a ‘mining’ process where a computer’s resources are used to perform millions of calculations.

But the rise of Bitcoin, which is unregulated in many countries, has stoked concerns it can be used as a vehicle to launder money and finance extremist groups.

Norway’s Biggest Bank Demands Cash Ban 

The war on cash is escalating faster than many had imagined. Having documented the growing calls from the elites and propagandist explanations of the “benefits” to their serfs over the last few years, with Antichrist Communist China, and The IMF entering the “cashless society” call most recently, International Business Times reports that Norway – suffering from its own economic collapse as oil revenues crash – has joined its Scandi peers Denmark and Sweden in a call to “ban cash.”

By way of background, as we explained previously, What exactly does a “war on cash” mean?

It means governments are limiting the use of cash and a variety of official-mouthpiece economists are calling for the outright abolition of cash. Authorities are both restricting the amount of cash that can be withdrawn from banks, and limiting what can be purchased with cash.
These limits are broadly called “capital controls.”

Why Now? Why are governments suddenly so keen to ban physical cash?

The answer appears to be that the banks and government authorities are anticipating bail-ins, steeply negative interest rates and hefty fees on cash, and they want to close any opening regular depositors might have to escape these forms of officially sanctioned theft. The escape mechanism from bail-ins and fees on cash deposits is physical cash, and hence the sudden flurry of calls to eliminate cash as a relic of a bygone age — that is, an age when commoners had some way to safeguard their money from bail-ins and bankers’ control.

Forcing Those With Cash To Spend or Gamble Their Cash

The conventional answer voiced by Mr. Buiter is that recession and credit contraction result from households and enterprises hoarding cash instead of spending it. The solution to recession is thus to force all those stingy cash hoarders to spend their money.
And the benefits of a cashless society to banks and governments are self-evident:

1. Every financial transaction can be taxed.

2. Every financial transaction can be charged a fee.

3. Bank runs are eliminated.

In fractional reserve systems such as ours, banks are only required to hold a fraction of their assets in cash. Thus a bank might only have 1 percent of its assets in cash. If customers fear the bank might be insolvent, they crowd the bank and demand their deposits in physical cash. The bank quickly runs out of physical cash and closes its doors, further fueling a panic.

The federal government began insuring deposits after the Great Depression triggered the collapse of hundreds of banks, and that guarantee limited bank runs, as depositors no longer needed to fear a bank closing would mean their money on deposit was lost.

But since people could conceivably sense a disturbance in the Financial Force and decide to turn digital cash into physical cash as a precaution, eliminating physical cash also eliminates the possibility of bank runs, as there will be no form of cash that isn’t controlled by banks.
So, when the dust has settled who ultimately benefits by this war on cash – government and the central banks, pure and simple.

Which explains why Norway’s biggest bank, DNB, has called for the country to stop using cash which is just the latest move in a country that has been leading the global charge toward electronic money in recent years, with several banks already not offering cash in their branch offices and some industries seeking to cut back on paper currency.

DNB’s proposal suggests eliminating the use of cash would cut down on black market sales and crimes such as money laundering.

“Today, there is approximately 50 billion kroner in circulation and [the country’s central bank] Norges Bank can only account for 40 percent of its use. That means that 60 percent of money usage is outside of any control. We believe that is due to under-the-table money and laundering,” Trond Bentestuen, a DNB executive, told Norwegian website VG, the Local reported.

“There are so many dangers and disadvantages associated with cash, we have concluded that it should be phased out,” he added.

The country has already moved in this direction. Bentestuen estimated that only about 6 percent of Norwegians use cash on a daily basis, with the numbers higher among elderly people.
Norway’s Ministry of Finance is opposed to the proposal, however, and other critics have raised concerns about privacy issues as well as how the change would affect tourists. Privacy advocates in Norway have expressed worries for years that, without cash, there would be no way for an individual to purchase something without being tracked.

In 2014, Finans Norge, a financial industry organization in Norway, said the country was on pace to be a cashless society by 2020, Ice News reported. While DNB said its proposal will take time to complete, executives suggested the country start phasing out cash by discontinuing the 1,000 kroner note so it could focus on updating its banking system.

“Eighty-five percent of our customers say that they never or only very rarely go to the bank. Therefore we think it is a mistake to maintain a very old structure with local branch offices. It is better to follow the customers and improve the offers where the customers are: digital,” Bentestuen said.

In the meantime, DNB and Norway’s second largest bank, Nordea, have already stopped using cash in their branch offices. And the movement toward a goal of no cash has been going on for a while. The Norwegian Hospitality Association pushed to eliminate consumers’ right to pay cash at all stores and restaurants in 2013, The Local reported.

Other countries including Denmark and Sweden have made similar pushes as their populations also rely largely on electronic money.

Norway’s Biggest Bank Demands Cash Ban 

If allowed to continue, state wealth control will exist.

And thus, as we concluded previously, if you can’t withdraw your money as cash, you have two choices: You can deal with negative interest rates…or you can spend your money. Ultimately, that’s what our Keynesian central planners want. They are using negative interest rates and the War on Cash to force you to spend and “stimulate” the economy.

If you ask us, these radical and insane measures are a sign of desperation.

The War on Cash and negative interest rates are huge threats to your financial security. Central planners are playing with fire and inviting a currency catastrophe.

More whale deaths along the west coast! 7 dead whales found on coast of Baja California Sur: Malnutrition blamed by experts

It’s been a bad start to the year for whales around the world along with the 7 dead on the Mexican coast, 13 sperm whales died on the Dutch and German coast last week and 45 dead whales washed up on the Indian coast….
Probably more than 100,000 sea birds have died along the coast of Alaska and thousands of squid have washed up dead along the coast of Chile all after a report stating 70% of our sea birds and 75% of the worlds fish are now depleted:
No fish left in our oceans by the year 2048 NOAA:

Seven dead beached whales were found in different parts of the Laguna Ojo de Liebre, located in the municipality of Baja California Sur.
According to the Federal Attorney for Environmental Protection (Profepa), six calves and one youth were found dead and already had an advanced state of decomposition.
The gray whales were located in tours surveillance carried out by staff of the Profepa, to monitor the whales during breeding season, in coordination with the National Commission of Natural Protected Areas (CONANP) and the Department of Ecology Exportadora.
Specialists from Profepa in Baja California and the CONANP, said the death of the copies was from natural causes and that this is an extraordinary situation not presented every year at the beginning of the breeding season.
This is because in the breeding area of ​​gray whale calves are commonly lost or are abandoned by the mother, and receiving no food die, as the calves consume around 200 liters of breast milk per day.
In January last year, Profepa reported finding 14 bodies of gray whales within the Laguna Ojo de Liebre, while in 2014 12 deaths.
7 specimens found stranded Tuesday representing 1.19% of the population of the species in the lagoon Ojo hare, according to Profepa.
None of the whales were found with lacerations or wounds caused by boats or fishing; only skin scrapings were observed caused by friction with the surface during the stranding.
The bodies were kept in the same location of the find, as they are in uninhabited areas and can compose naturally with no risks to public health.
Also part of the food chain, defined as the flow of energy and nutrients that is established between the various species of an ecosystem in relation to nutrition.

Related

The 13 dead sperm whales off the Dutch and German coast this week were perfectly healthy and not starving as first reported…250 years since so many whales died off the Dutch coast!

12 beached sperm whales die in week of carnage on Dutch and German coast

At least 45 whales died after a group of 81 washed ashore in Tamil Nadu India: Underwater disturbance… earthquake or volcano thought responsible.

70% of our sea birds and 75% of the worlds fish are now depleted: No fish left in our oceans by the year 2048 NOAA: Carnage along the west coast exploding since 2011

Alaskan bird die off update: “The number is totally off the charts!” Nearly 10,000 dead murres on a 1-mile stretch of beach along with hundreds of dead star fish…Lack of food blamed

The death of more than 100,000 common murres on the west coast of America blamed on El-Nino even though die off reports started last April!

It could be tens of thousands…..Nearly 10,000 common murres found dead on an Alaskan beach on the first week of 2016

58,586,256 Abortions Later–Antichrist NWO 666 Obozo The 911 Homosexual Climate Change No Boots SPECRTE Clown Celebrates Roe v. Wade: It Affirmed Freedom 

What with ‘designer’ babies and genetic engineering, we have become accustomed to developments that previously would have been banned as ‘Frankenstein science’.

The real-life Doctor Frankenstein plotting human HEAD transplants: Controversial neurosurgeon wants to give paralysed patient a new body

Nevertheless, the revelation this week that a monkey has received a head transplant using a technique that is almost ready to be tried on humans retains its power to shock.

Stephen Hawking Warns Of INHUMAN Technology Apocalypse Involving Genetically Engineered Weapons 

With the rapid progress of technology, as well as the possibility of weaponizing that science, the world needs to prepare for an event that would make Earth uninhabitable, acclaimed cosmologist Stephen Hawking warned Tuesday in an interview. Hawking encouraged leaders to consider building colonies in outer space, a process that he says could take at least 100 years to complete. Technological threats such as… genetically engineered diseases and biochemical warfare are the most dangerous problems facing humanity today, according to the renowned scientist. Biochemical threats have been mounting throughout the world in the past 100 years, with the rise of nuclear weapons worldwide as well as the possible use of biochemical weapons in modern warfare. Geneticists and other researchers have worked to manipulate the way diseases replicate and mutate, searching for cures to cancer, Ebola and a variety of ailments. Some experts have said they fear that if this kind of scientific advancement were misused it could serve to create a super-virus for which there would be no cure.

Saturday, January 23, 2016: When he sent (Beshalach) 

Reading for January 23, 2016 ~ Shevat 13, 5776
Ex 13:17-17:16 ~ Jdg 4:4-5:31 ~ Mark 6

Sunday January 24 2016, 10:30:28 UTC Southern Alaska. 7.3 96.0

Very strong M7.1 earthquake hits near Anchor Point, Alaska, US .

http://quakes.globalincidentmap.com

A strong and shallow earthquake registered by the EMSC as M6.2 hit near the coast of Morocco at 04:22 UTC on January 25, 2016. The agency is reporting a depth of 10 km (62 miles). USGS is reporting M6.1 at the same depth.

According to the USGS, the epicenter was located 62 km (39 miles) NNE of Al Hoceima, 64 km (40 miles) NNE of Tirhanimine, 69 km (43 miles) NNE of Imzourene, 77 km (48 miles) NW of Melilla, Spain and 164 km (102 miles) ESE of Gibraltar, Gibraltar.

Very shallow M6.2 earthquake hits near the coast of Morocco

There are 1 032 756 people living within 100 km (62 miles) radius. 

The Anti-Masonic Party was the original third party to be active on the national scene. Popular opinion in America generally opposed secret organizations, but Freemasonry largely escaped this scrutiny because so many prominent citizens were members.

The Anti-Masonic Party 

In September, 1831, the anti-Masonic Party held a national convention in Baltimore and nominated William Wirt as their presidential candidate for the following year. Wirt had been the U.S. Attorney General and, strangely, a Mason. Running against the popular Andrew Jackson, Wirt did poorly, winning only the seven electoral votes of the state of Vermont. Their prime impact had been to drain votes away from Henry Clay.

Around 1834, the Anti-Masonic Party began a rapid disintegration with some of its members helping to establish the new Whig Party and others migrating to the Democratic Party.

Watch This Robot Solve a Rubik’s Cube in Less Than 2 Seconds 

The duo is applying for a world record for their invention, which leaves the previous machine record of 3.253 in the dust, and the human record of 4.904 even farther behind.

^^^Eh hum, yes there are ex military personnel out there that have already applied this type of algorithm speed to things like: Personal home security weapons, drone/micro surveillance and weapons deployment c4i-sound vision and other high sensory input that results in the illumination of all obvious threats within determined  killzone. Of course there is algo profile tracking assassin capability application  for all threats beyond home killzone. Current commercial subsonic tagging, through TV to cellphone etc… device tracking of persons based on their online profile habits etc…, has now made this as easy as a compromised NEST in a government building or home. Subsonic tagging, combined with facial recognition  from FB, and all public target profile, is without restriction.

The reality already exists for an Algo Swarm that can eliminate an unlimited amount of targets over an undetermined  time period based on limited logistics. 3D printing has brought cost down to the level of a cheap swarm taking out an entire Battalion for less than it cost to feed them lunch.

People just have no clue. Lol, drone licensing is an old joke.

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