This Is Where I Get Off

Guest Post by Jeff Thomas

We began writing on the War on Cash some time ago, when it was still just a theoretical ploy that we believed banks and governments were likely to employ as their economic adventurism continued to unravel.

But, in the last year, several countries have, as a part of the War on Cash, begun removing larger bank notes from circulation in order to force people to perform all economic transactions through the banking system, assuring that the banks would gain total control over the movement of money.

Of course, the banks could not admit their true goal to the public. They instead used the governments to claim that the measure was being undertaken to restrict crime (money laundering, drug deals, black marketing, terrorism, etc.)

Recently, without any fanfare, ATM’s in Mexico have ceased issuing the 500 peso note US$24). The largest note is now the 200 peso note (US$10).

At about the same time, Citibank in Australia declared that it will no longer accept coins or banknotes.

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The Termination of Cash Approaching Rapidly

Hunt MoneyGuest Post by Martin Armstrong

The hunt for money is intensifying with the aid of banks no less. India was the balloon. They simply canceled the currency with no notice and imposed a 90% tax on anyone holding the high denomination notes. This is how the world governments operate. The first bail-in was done in Cyprus. We were even contacted by members of the government trying to push back against the EU. We provided the solution, but the government did what the EU wanted because this was a test. If they got away with it in Cyprus, then the “bail-in” would become a contagion. The politicians lied, as usual, and said that policy would NEVER be applied in Europe. It is now standard around the world. We warned, Cyprus, then Greece – who would be next.

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“There’s Chaos Everywhere” – Indians Angry As ATMs Run Dry After Cash Ban

Tyler Durden's picture

The blowback from the world’s latest strike in the war on cash is unraveling fast in India. This week’s decision by PM Modi to ban some high-denomination banknotes (on the premise of fighting corruption) has left “chaos everywhere” according to one official who accused the prmeier of wreaking havoc on the poorest Indians. As Reuters reports, nearly half of India’s 202,000 ATMs were shut on Friday and those that operated quickly ran out of the new notes as scores of people descended upon them.

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A World of Problems

Guest Post by The Zman

Back when the Germans were threatening to shut down Greece and sell it off for parts, it was fairly obvious that there was no way to “fix” the Greek problem. Even it were possible to radically overhaul their public sector, the debt payments are too high to maintain the level of social services expected from a modern social democracy. Default was unthinkable because close to 80 percent of Greece’s public debt is owned by public institutions, primarily the EU governments and the ECB.

The “solution” was to kick the can down the road until a miracle happened, but now the problem is back.

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FOURTH TURNING – POLITICIANS DRIVING THE WORLD TOWARDS WAR

In Part 1 of this article I discussed the catalyst spark which ignited this Fourth Turning and the seemingly delayed regeneracy. In Part 2 I pondered possible Grey Champion prophet generation leaders who could arise during the regeneracy. In Part 3 I focused on the economic channel of distress which is likely to be the primary driving force in the next phase of this Crisis. In Part 4 I assessed the social and cultural channels of distress dividing the nation. In Part 5 I’ll examine the technological, ecological, political, and military channels of distress likely to burst forth with the molten ingredients of this Fourth Turning, and finally in Part 6 our rendezvous with destiny, with potential climaxes to this Winter of our discontent.

Technological & Ecological Distress

“Technological progress has merely provided us with more efficient means for going backwards.” Aldous Huxley – Ends and Means

The level of distress being produced by technology was probably underestimated by Strauss & Howe when they wrote their book in 1997. The internet, cell phones and e-commerce were still in their infancy, while cyber security was an unknown concept. Huxley would be shocked by how backwards we have “progressed” through the efficient distribution of iGadgets, creating millions of distracted, non-thinking, passive, easily pliable, willfully ignorant sheep who adore their technological servitude.

A vast swath of the populace never reads a book and can’t go more than a few minutes without checking their iGadget to view the latest funny cat video, the latest update on Kim Kardashian’s ass, Bruce/Caitlyn Jenner’s courage, or Lamar Odom’s latest whorehouse escapade. Our country is drowning in a sea of irrelevance as our infinite craving for diversions and triviality overwhelms any thoughts of confronting our oppressors. The adoration of technology has degraded our ability to think and allowed the Deep State to control the masses by amusing them to death.

The totalitarian Orwellian utilization of technology was exposed by a millennial with courage, intelligence, and love of his country – Edward Snowden. His revelations were very distressful to the felonious government apparatchiks who blatantly flaunt their disregard for the Fourth Amendment to the Constitution. The criminals at the NSA, fully supported by Obama and Congress, have made Big Brother look like an amateur, as they siphon up every phone call, text, email, and facebook entry made by each person in this country and for good measure the political leaders of our allies and enemies.

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Why Did the LBMA Apparently Alter Its Gold Refining Flow Statistics Lower by 2,200 Tonnes for 2013?

Guest Post by Jesse

Ronan Manly has published a fascinating analysis of the LBMA gold refining statistic today.

The gold refined by LBMA ‘good delivery’ refiners in Switzerland is sometimes involved in converting existing gold bars into kilobars suitable for export to the Asian Markets.

Ronan Manly offers quite a bit of detail with regard to a very large revision in the LBMA 2013 refining data and suggests that such a large restatement of gold statistics, almost 1/3, without explanation, seems odd.

The supposition is that the LBMA originally counted gold bars that were taken from existing sources, such as their own stores, ETFs, and the Bank of England and re-refined into kilobars for delivery into Asia.   They later restated the number lower by 2,200 tonnes.   We have not been given the exact reason for this, but one suggestion is that the gold did not come from new mining or traditional recycling.

Depending on how the GFMS and the WGC uses the statistics and sources, this could result in a significant (~2,200 tonnes) understatement of the flow of gold from Western sources into Asia in just one year.

What is the LBMA policy decision here, and what about subsequent years of 2014 and 2015?

What is the source of this gold?  And what is so special about 2013?

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WORLD’S SHITTIEST SHITHOLES

The World’s Most Polluted Cities Are In India

from Niall McCarthy

When asked about the most polluted cities worldwide, most people usually name larger Chinese cities as being the worst air quality culprits. However, according to research published by the World Economic Forum, Delhi is actually twice as polluted as Beijing. The level of PM 2.5 (micrograms per cubic meter) in Delhi is six times above the recommended World Health Organisation maximum.

In fact, out of the world’s 15 worst cities, ten are in India while a further three are in Pakistan. Despite the fact that air pollution has become a massive social and environmental issue in China, no Chinese cities are present in the World Economic Forum’s list of the top-15 worst offenders.

This chart shows PM 2.5 (micrograms per cubic meter) in the most polluted cities worldwide in 2014.

Infographic: The World's Most Polluted Cities Are In India | Statista

You will find more statistics at Statista


MEANWHILE….IN INDIA

Female police officers battered a group of Indian women in the northern Indian city of Aligarh, Uttar Pradesh, after they went to a local police station to complain about sexual abuse at the hands of a senior police officer. The women were subjected to several beatings by the police officers before being forced into a police vehicle.

HOW TO IMPROVE YOUR TEST SCORES – INDIA STYLE

Hundreds of people, including teachers, parents and police, have been arrested in northeastern India after evidence of rampant cheating emerged during state exams. Some detainees had scaled the walls of school buildings to help the students. FULL STORY: http://on.rt.com/laf9u5


THE MILITARY INDUSTRIAL COMPLEX’ BIGGEST CUSTOMERS

Looks like Saudi Arabia is preparing for internal strife. What is India preparing for? It’s good to be an American arms dealer. Your bought off politicians promote chaos and war across the globe, and your profits soar. Spreading American democracy has never been so lucrative.

According to IHS Jane’s, Saudi Arabia has displaced India as the world’s biggest importer of defense equipment. Saudi arms imports increased 54 percent between 2013 and 2014, reaching $6.46 billion. To put the scale of the Middle East’s booming weapons trade into perspective, Saudi Arabia and the United Arab Emirates imported $8.6 billion of military equipment in 2014 – that’s more than the defense imports of Western Europe combined.

With the Kingdom reinforcing its armed forces to counter regional threats such as Iran and the Islamic State, weapons shipments are set to increase even further in volume. Ongoing deliveries of advanced weapons systems including F-15 and Typhoon fighter jets are going to boost imports 52 percent in 2015 to $9.9 billion. Worldwide, India is in second place with defense imports in 2014 amounting to $5.57 billion. China completes the top three, spending $2.6 billion on arms imports in 2014.

Infographic: Saudi Arabia Has Become The World's Biggest Arms Importer | Statista

You will find more statistics at Statista


Obama Versus America

In his recent trip to India, President Obama repeated a long-standing pattern of his — denigrating the United States to foreign audiences. He said that he had been discriminated against because of his skin color in America, a country in which there is, even now, “terrible poverty.”

Make no mistake about it, there is no society of human beings in which there are no rotten people. But for a President of the United States to be smearing America in a foreign country, whose track record is far worse, is both irresponsible and immature.

Years after the last lynching of blacks took place in the Jim Crow South, India’s own government was still publishing annual statistics on atrocities against the untouchables, including fatal atrocities. The June 2003 issue of “National Geographic” magazine had a chilling article on the continuing atrocities against untouchables in India in the 21st century.

Nothing that happened to Barack Obama when he was attending a posh private school in Hawaii, or elite academic institutions on the mainland, was in the same league with the appalling treatment of untouchables in India. And what Obama called “terrible poverty” in America would be called prosperity in India.

The history of the human race has not always been a pretty picture, regardless of what part of the world you look at, and regardless of whatever color of the rainbow the people have been.

If you want to spend your life nursing grievances, you will never run out of grievances to nurse, regardless of what color your skin is. If some people cannot be rotten to you because of your race, they will find some other reason to be rotten to you.

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