Thursday, February 29, 2024

Why War Bonds Are Returning in Europe

by Tom Luongo, Tom Luongo:

After a mostly peaceful Security Conference in Munich over the weekend, Estonian Prime Minister Katja Kallas let the real purpose of all the recent hysteria over Ukraine funding out of the proverbial bag — Eurobonds.

Kallas was handed the bully pulpit to make the argument for $110 billion in Eurobonds be issued by the EU Commission to spend on arming Europe for the future and supporting Ukraine. It just sounds like more of the same that we’ve heard for two years now. More money for Ukraine. More war spending.

According to a friend and passenger on UAL Flight 1639 from Maui to San Francisco on Friday Night February 16, the oxygen masks dropped and the flight descended rapidly due to a loss of cabin pressure and was rerouted to Honolulu.


WarRoom Battleground EP 477: Protecting The Wellbeing Of The Future Generation


from Bannons War Room:


NEW – Boeing 757-200 makes emergency landing in the U.S. after one of its wings came apart midair.


Fed Will Be Forced to Raise Tates to Defend the Dollar – Bill Holter

by Greg Hunter, USA Watchdog:

Precious metals expert and financial writer Bill Holter says the market is exuberant with the idea the Federal Reserve is going to be forced to cut interest rates as the economy sinks.  Holter has warned about the US dollar turning into confetti because of massive dollar printing and more and more bank bailouts.  Holter is taking the other side of the rate cutting bet, and he thinks the Fed will do just the opposite.  Holter says, “If you look at the amount of debt service the federal government is paying, it’s over $1 trillion a year.  That’s going to go to $1.5 trillion, and then it will go to $2 trillion in interest a year.  There is no reflection of deterioration of credit in the rates themselves.  I foresee the day, and it may be within the next year, that the Fed is forced to raise interest rates to defend the dollar.  That’s the problem.  You have bad credit with the country who issues the world’s reserve currency. . . .If all of a sudden the dollar falls apart, how does evil get paid to preform?  How do we fight wars?”

American Totalitarian “Crypto Dollar” May Come Before the Election

by Aaron Day, Brownstone:

Central Bank Digital Currencies (CBDCs) threaten to replace the cash we use with programmable, trackable, and censorable tokens controlled by governments. Your financial choices could be suppressed, and privacy eliminated. Based on what I’ve learned and experienced directly, this could happen before the 2024 election. The best way to stop it is through direct action, not through politics.


from SGT Report:

Christopher James returns to SGT Report with some very disturbing information every person in the world should hear. Thanks for tuning in.

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DEDOLLARIZATION IN MOTION: Egypt moves to decrease reliance on U.S. dollar, seeks trade settlements with BRICS states

by Richard Brown, Natural News:

Egypt is actively pursuing negotiations to decrease reliance on the U.S. dollar for trade settlements with other BRICS states, according to the country’s Ministry of Foreign Affairs.

The decision to embrace national currencies is driven by the need to counteract rising costs associated with using foreign currencies due to global inflation.

Let “The Great New York City Boycott” Begin. Conservatives To NEW YORK: “DROP DEAD.”

by Wayne Allyn Root, Root For America:

The greatest President of my lifetime, who loves this country and wants to make it great again, was just framed and publicly lynched by the government, politicians, prosecutors and court system of New York City.

Trust me, New York City is going to wish they never played this game. They may not know it yet, but New York City just committed financial suicide.

Stay tuned for a strategy to bring New York City to its knees. 

I was born and raised in New York. I graduated from Columbia University in New York City. My first apartment as an adult was in New York City. Even in the past three decades since I left, I’ve looked forward to my many business trips each year to New York.

A perfect storm in the making

by Claudio Grass, Claudio Grass:

The New Year is usually associated with a new beginning, a fresh start, or a “clean slate”. Unfortunately, for millions of Americans, these are wishes that are bound to remain unfulfilled – for them, the New Year has nothing “new” to offer at all: it will only perpetuate all the same burdens, obligations and worries of the past year and of the ones that came before.

One physical, practical manifestation of this (though it is certainly not a unique, or even a rare, example) is the fact that at the start of 2024, U.S. household debt reached a record high of $17.3 trillion, according to data from the Federal Reserve Bank of New York. To most of us, this is probably a shocking and nearly inconceivable amount, and it becomes even more surreal once one also factors in the most recent monetary policy reversal and the subsequent interest rate hikes.

Why America Will Never Surmount Its Mountain of Debt

from Schiff Gold:

Can America hope to climb past its mountain of $34 trillion of federal debt? With the staggering weight of unfunded liabilities in vital entitlement programs like Social Security and Medicare reaching a staggering $212 trillion, any strategy for repayment is met with formidable obstacles. Our guest contributor examines these challenges and arrives at a sobering verdict: the magnitude of the debt renders the prospect of repayment virtually impossible.


from SGT Report:

I just took my City Council to task for squeezing citizens for thousand of dollars per household with assessments for road improvements. And you thought your property taxes pays for the roads, right? Think again. Brent Johnson joins me to discuss the very nature of government, which is evil.

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by Jim Quinn, The Burning Platform:

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” – Ludwig von Mises