Friday, July 20, 2018

Germany Pensions System Crisis

0

by Martin Armstrong, Armstrong Economics:
The German publication DWN has come out and warned that the German Pensions system is collapsing. They wrote:

The core problem of the German economy and society is miserable demography. A positive development, namely the increasing longevity of the population, is an extremely negative groundbreaking, namely a small number of children. This is reflected in one of the lowest birth rates in the world – and this has been the case for decades. The record-breaking birth rate is by no means rooted in a biological, but in deeper social causes and inadequate policies at different stages. One consequence is a pension system that is not sustainably financed , because the ratio of contributors and receivers will drastically deteriorate.

Former Ambassador Warns ‘The Day Of Reckoning Could Come Sooner Than Anyone Thinks’

0

by Stefan Stanford, All News Pipeline:
– Council On Foreign Relations Study May Indicate A ‘False Flag Grid Down Scenario’ Is On The Horizon

While the eyes of America and the world are now rightfully set upon North Korea’s nuclear program after their latest inter-continental-ballistic-missile test was called a ‘game changer’ while it was determined it would have been able to hit Alaska, we take a look at what could be a far bigger and more imminent threat in North Korea’s ‘elite cyberwarfare’ units. ‘Elite hackers’ who’ve already proven themselves capable of hacking into major banks and capable of bringing down nuclear power plants and electrical grids.

While US bombers recently carried out a show of force exercise over South Korea as detailed in this NBC news story while also carrying out tests upon their THAAD missile defense system, as we read in this story from the NY Times and hear in the 2nd video below, according to the FBI and the Department of Homeland Security, hackers have been targeting US nuclear facilities.

PESKOV: Those Who say Trump is Stupid are Talking “Delusional Trash”

0

by Adam Garrie, The Duran:
Russian Presidential Spokesman Dmitry Peskov has commented on Vladimir Putin’s meeting with Donald Trump after a lengthy debriefing from the Russian President.

Peskov echoed statements from Vladimir Putin who said on Saturday that,

“Mr Trump’s television image is very different from the real person; he is a very down to earth and direct person, and he has an absolutely adequate attitude towards the person he is talking with; he analyses things pretty fast and answers the questions he is asked or new ones that arise in the course of the discussion. So I think that if we build our relations in the vein of our yesterday’s meeting, there are good reasons to believe that we will be able to revive, at least partially, the level of interaction that we need”.

Stock Market Tsunami Siren Goes Off

0

by Wolf Richter, Wolf Street:
It will be ignored until it’s too late.

Everyone who’s watching the stock market has their own reasons for their endless optimism, their doom-and-gloom visions, their bouts of anxiety that come with trying to sit on the fence until the very last moment, or their blasé attitude that nothing can go wrong because the Fed has their back. But there are some factors that are like a tsunami siren that should send inhabitants scrambling to higher ground.

Since July 2012 – so over the past five years – the trailing 12-month earnings per share of all the companies in the S&P 500 index rose just 12{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} in total. Or just over 2{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} per year on average. Or barely at the rate of inflation – nothing more.

Suicide by Stupidity – US Media Coverage of the G20 Summit

0

by James Howard Kunstler, via Russia Insider:
But if Mr. Trump agrees to work with Mr. Putin despite a list of Russian transgressions beginning with the annexation of Crimea and ending with its interference in the 2016 presidential election, he will also look weak while Mr. Putin can claim that he reconstructed the relationship.

—The New York Times
America wakes up to astonishing bull tickey from its so-called Newspaper of Record in this lead front-page propaganda dump du jour. Granted, American education has succeeded in destroying the critical faculties of at least three generations so that the public drowns in a soup of unreality every day. In the news business now, as in the national life generally, anything goes and nothing matters.

WORLD’S 2ND LARGEST SILVER MINE SHUT DOWN: Implications For Company & Market

0

by Steve St. Angelo, SRSRocco Report:
The world’s second largest primary silver mine, Tahoe Resources Escobal Mine, was forced to shut down operations in Guatemala by a ruling from the country’s Supreme Court. This was due to a provisional decision by the Guatemalan Supreme court in respect of a request by CALAS, an anti-mining group, for an order to temporarily suspend the license to operate the Escobal Mine until there is a full hearing. (picture courtesy of Tahoe Resources)

While this story has been out for a few days, I believe there is a great deal of misinformation on the Mainstream and Alternative media about the current situation and future outcome of Tahoe’s flagship Escobal Mine. Some analysis suggests that this is just a small speed-bump for Tahoe, so when they are able to address disputed regulatory issues, production and profits will shortly return once again.

China Builds World’s Largest Floating Solar Plant

from Hang The Bankers:
In the beginning of June 2017, workers brought a solar energy plant online capable of producing 40 megawatts of power.

That’s cool all by itself, but this solar “farm” floats on a manmade lake in China’s Anhui province, and it is the largest floating solar project in the world.

The massive power plant was built by Sungrow Power Supply, and can produce enough energy to power 15,000 homes. The exact size of the operation has not been revealed, but it produces twice as much energy as the previous holder of the largest-floating-solar-plant title, which was launched by Xinyi Solar in 2016.

What Does the Rise in Crypto Currencies Mean?

22

by Brad Sebion, SGT Report:
Edward Karr was a guest on the Frank Curzio podcast. The discussion at hand was Bitcoin and the rest of the crypto currencies. Mr. Karr stated the rise of the crypto currencies is the canary in the coal mine for a major economic event to unfold in the future. Edward stated the rise in Bitcoin was a put on the Chinese economy. Wealthy Chinese people have bid up other assets like Vancouver real estate as well as many crypto currencies.

Pope: America Has ‘Distorted View of World’

1

by Thomas D. williams, Breitbart:
In a new interview, Pope Francis said he fears there are “very dangerous alliances between powers who have a distorted view of the world,” including such an alliance between the United States and Russia.

Pope Francis told his interviewer, the Italian journalist Eugenio Scalfari, that he was worried about the G20 summit, which brings together leaders from 20 of the largest economies in the world, along with finance ministers and central bank governors.

“I’m afraid that there are very dangerous alliances between powers who have a distorted view of the world: America and Russia, China and North Korea, Putin and Assad in the war in Syria,” Francis reportedly said.

Scientists Fear Grid Failures During Solar Minimum

0

by Mac Slavo, SHTF Plan:
As our sun’s activity slows and the star gets quieter, scientists’ fears of solar minimum are coming to the forefront. It isn’t the lack of activity that is terrifying those who study the sun, it’s what happens next that worries them all.

There would be nothing any of us could do if the sun’s activity decreases to the point that it causes the outermost atmospheric layer to collapse. No amount of taxation in the name of “global warming” will save anyone on earth from this outcome. But first, scientists have to worry about the sun reaching “solar minimum” and the possibility of losing the outermost layer of the atmosphere thanks to the rapid cooling.