Daily Digest

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Daily Digest 10/3 - Colonization by Bankruptcy, Central Banks Expand Stimulus

Friday, October 3, 2014, 8:34 AM

Economy

As Fed Retreats From Stimulus, Central Banks Overseas Expand Theirs (jdargis)

“A strong dollar, fueled by higher U.S. interest rates, will likely expose vulnerabilities in other parts of the world,” Stephen King, chief global economist at HSBC, wrote in a research note on Thursday. “Latin American countries already flirting with recession would certainly not welcome a tightening of U.S. monetary conditions.” Some economists said the United States should seek to limit the dollar’s rise through diplomacy and policy, and that the Fed should seek to limit its divergence from other central banks by extending its stimulus campaign.

Colonization by Bankruptcy: The High-stakes Chess Match for Argentina (pinecarr)

The deeper implications of that infernal debt cycle were explored by Argentine political analyst Adrian Salbuchi in an August 12th article titled “Sovereign Debt for Territory: A New Global Elite Swap Strategy.” Where territories were once captured by military might, he maintains that today they are being annexed by debt. The still-evolving plan is to drive destitute nations into an international bankruptcy court whose decisions would have the force of law throughout the world. The court could then do with whole countries what US bankruptcy courts do with businesses: sell off their assets, including their real estate. Sovereign territories could be acquired as the spoils of bankruptcy without a shot being fired.

Ebola-infected passenger was sent home from ER (jdargis)

The CDC reminded the nation's health care providers to ask patients with symptoms if they've traveled recently. The American College of Emergency Physicians planned to alert its members as well.

The patient explained to a nurse last Thursday that he was visiting the U.S. from Africa, but that information was not widely shared, said Dr. Mark Lester, who works for the hospital's parent company.

A Hospital From Hell, in a City Swamped by Ebola (jdargis)

Bombali, the district that includes this city, went from one confirmed case on Aug. 15 to more than 190 this weekend, with dozens more suspected. In a sign of how quickly the disease has spread, at least six dozen new cases have been confirmed in the district in the past few days alone, health officials said. The government put this district, 120 miles northeast of the capital, Freetown, under quarantine late last week, making official what was already established on the ground. Ebola patients are dying under trees at holding centers or in foul-smelling hospital wards surrounded by pools of infectious waste, cared for as best they can by lightly trained and minimally protected nurses, some wearing merely bluejeans.

Marc Faber on Global Stocks, Gold, Investment Strategy (Herman J.)

Usually when you have U.S. dollar strength, it means that it’s a sign or a symptom of tightening global liquidity, which usually hasn’t been particularly good for U.S. stocks. Now, if I look around the world, U.S. stocks are very pricey compared to other shares around the world. Maybe they’ll go up a little bit more like in ’87 or before March 2000 and then they’ll drop a lot, but in general, if you take the view of the next 7 to 10 years, I think you’ll make more money in emerging economies, whereby near-term, I think all markets are vulnerable. All of them.

Uncharted Territory For A System In Overshoot (nojones)

Public health has gotten a free ride in the fossil fuel era, as everyone’s socioeconomic status, including sanitation, clean water, and healthy, safe food improved. That process of rising socioeconomic status during the last 200 years occurred because of fossil fuels, but because fossil fuels have been ubiquitous, we did not see it. Rosling’s video from Gapminder on 200 Years That Changed the World identifies the trend, but misses the cause. His plots could be better expressed by plotting life expectancy against global per capita fossil fuel use. Our first world exceptionalism is a function of fossil fuels and the hierarchy of complexity and not some special character trait.

Heat- and booze-tolerant yeast make more biofuels (jdargis)

Normally in yeast, potassium is brought into the cell, while proteins (which lower pH) are expelled from it. So, the researchers added an extra copy of two genes to the yeast: one that pushes protons out of the cell, and another that pulls potassium inside. This combination increased ethanol yields by 27 percent—not as good as adding the chemicals, but still a significant boost.

Drowning Farms (jdargis)

The Krishna, in these parts, flows through fertile, black volcanic soil. My family has lived here for centuries; 18 generations have farmed the land, growing cotton, sugarcane and oilseeds. Even before the 1960s’ Green Revolution improved India’s crop yields, this region had a surplus of agricultural produce. Cotton was the major commercial crop for over a century, a high revenue-earner for farmers and a source of employment in ginning mills and cotton presses.

Gold & Silver

Click to read the PM Daily Market Commentary: 10/2/14

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

6 Comments

Bankers Slave's picture
Bankers Slave
Status: Platinum Member (Offline)
Joined: Jul 26 2012
Posts: 523
Its here! Watch and then make a donation to ae911truth.org

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4145
Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Bob's Brain.

Thanks for the Debt Colonization piece Pinecar.

I can vouch that this is precisely what happened to my old country, Rhodesia. Rhodesia was destroyed and Zimbabwe was put in it's place. That Zimbabwe is the poster-child of money printing is no coincidence.

You cannot take from me with the pen that which I have taken with the sward

Bob Mugabe

Bob Mugabe is not the product of the Enlightenment, and therefore is immune to the machinations of the Left Brain. (Anyone with Half a Brain can see that.)

His descendants, however are well schooled (in Western schools) and will inherit all this fictitious "debt" and accept it as real.

Quick recap. The nation is brought to heel by divide and conquer-->the real economy is destroyed by flooding the market with free stuff that would normally be produced locally, ie tractors from Bulgaria etc that were produced in Gwelo, Rhodesia-->corrupt politicians are hand picked--> money is lent--> it immediately ends up in Swiss Bank accounts--> the Swiss lend it to the World Bank--> and it is immediately lent back to Zimbabwe--> and ends up back in Swiss bank accounts.

Around and around we go, gathering a "mere" 6% on each pass. Non dischargeable and inheritable.

Bitter? Who me? Nah!

Bankers Slave's picture
Bankers Slave
Status: Platinum Member (Offline)
Joined: Jul 26 2012
Posts: 523
Was anyone aware of this?

Thetallestmanonearth's picture
Thetallestmanonearth
Status: Gold Member (Offline)
Joined: Feb 28 2013
Posts: 323
Never heard of the movie, but

Never heard of the movie, but I just ordered a copy.....strictly for entertainment value of course, not because I doubt the airtight official story::::::cough::::cough:::::

KennethPollinger's picture
KennethPollinger
Status: Platinum Member (Offline)
Joined: Sep 22 2010
Posts: 654
Many THANKS, Bankers Slave

Well this video CONFIRMS my suspicions. Nice piece of "scientific" work.  I have sent this to ALL my contacts and asked them to forward it to their congresspersons and senators, and governors, as well as to all family members, friends and anyone else interested in sending the planners to jail and to DEMAND a NEW INVESTIGATION, with teeth and criminal authority.

THANKS BankersSlave.

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