The Head Of ‘The Central Bank Of The World’ Warns That Another Great Financial Crisis May Be Coming

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Prepare for collapse.

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– The Head Of ‘The Central Bank Of The World’ Warns That Another Great Financial Crisis May Be Coming (Economic Collapse, July 13, 2014):

Most people have never heard of Jaime Caruana even though he is the head of an immensely powerful organization.  He has been serving as the General Manager of the Bank for International Settlements since 2009, and he will continue in that role until 2017.  The Bank for International Settlements is a rather boring name, and very few people realize that it is at the very core of our centrally-planned global financial system.  So when Jaime Caruana speaks, people should listen.  And the fact that he recently warned that the global financial system is currently “more fragile” in many ways than it was just prior to the collapse of Lehman Brothers should set off all sorts of alarm bells.  Speaking of the financial markets, Caruana ominously declared that “it is hard to avoid the sense of a puzzling disconnect between the markets’ buoyancy and underlying economic developments globally” and he noted that “markets can stay irrational longer than you can stay solvent”.  In other words, he is saying what I have been saying for so long.  The behavior of the financial markets has become completely divorced from economic reality, and at some point there is going to be a massive correction.

So why would the head of ‘the central bank of the world’ choose this moment to issue such a chilling warning?

Read moreThe Head Of ‘The Central Bank Of The World’ Warns That Another Great Financial Crisis May Be Coming

The Next Domino: Espirito Santo Holding Company Preparing To File Bankruptcy

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– The Next Domino: Espirito Santo Holding Company Preparing To File Bankruptcy (ZeroHedge, July 15, 2014):

While Banco Espirito Santo continues to exist on fumes and life support (that last ditch equity injection by Baupost a week ago may not have been Seth Klarman’s wisest investment), a key link in the Espirito Santo Holding Company structure is preparing to default. According to Reuters:

  • ESPÍRITO SANTO GROUPS HOLDING COMPANY RIOFORTE PREPARING TO FILE FOR CREDITOR PROTECTION IN LUXEMBOURG – SOURCES

For those confused, “creditor protection” =  bankruptcy.

Which one is RioForte again? We showed this handy org chart a few days ago, here it is again.

Read moreThe Next Domino: Espirito Santo Holding Company Preparing To File Bankruptcy

Meanwhile In Europe: Juncker Approved, Hague Out, Lord Hill To Brussels: What Does It Mean?

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– Juncker approved, Hague out, Lord Hill to Brussels: what does it mean? (Open Europe, July 15, 2014):

This morning and last night saw three developments with importance for the UK’s Europe debate:

  • William Hague resigned as Foreign Secretary, replaced by Phillip Hammond, with the Cabinet becoming more Eurosceptic overall,
  • In nominating Lord Hill – the current leader of House of Lords – as the UK’s European Commissioner, Number 10 prioritised a ‘fixer’ and avoiding by-election over sending a heavy-hitter,
  • MEPs approved Jean-Claude Juncker as European Commission President by 422 votes to 250, marking the starting point of a more politicised European Commission.

What does this mean?

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Phoenix Housing Market Hit By Unprecedented Plunge In Demand

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Flashback:

– Inflation, Hyperinflation and Real Estate (Price Collaps)

– Phoenix Housing Market Hit By Unprecedented Plunge In Demand (ZeroHedge, July 14, 2014):

The Phoenix housing market has a special place in the heart of housing bubble watchers: together with Las Vegas and various California MSAs, this is the place where the last housing bubble was born and subsequently died a gruesome death which nearly brought down the entire financial system. Which is why the monthly WP Carey report on the Greater Phoenix Housing Market is of peculiar interest for those who want to catch a leading glimpse into the overall state of the bubble US housing market. As hoped, this month’s letter does not disappoint. What we find is that while equilibrium prices have been largely flat month over month, and are up 6% on an average square foot basis from a year ago, something very bad is happening with a key component of the pricing calculation: demand has fallen off a cliff.

Some of the disturbing findings from the report:

Read morePhoenix Housing Market Hit By Unprecedented Plunge In Demand

Russia Bans Purchases of Foreign-Made Cars By Government

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Russia Bans Purchases of Foreign-Made Cars By Government

– Russia Bans Purchases of Foreign-Made Cars By Government (The Moscow Times, July 14, 2014):

Federal and municipal governments were prohibited from buying foreign-made cars by Russian Prime Minister Dmitry Medvedev, who said he hoped the decision would “help preserve necessary balance on the market.”

The state spends huge sums buying equipment, and “of course it is better if they go to domestic companies, not foreign producers,” Interfax quoted Medvedev as saying at a meeting with deputy prime ministers on Monday.

Read moreRussia Bans Purchases of Foreign-Made Cars By Government

Israeli Interior Minister: ‘The Goal Of The Operation Is To Send Gaza Back To The Middle Ages’, ‘Destroying All The Infrastructure Including Roads And Water’

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– Israeli Interior Minister: “The Goal of the Operation Is to Send Gaza Back to the Middle Ages”, “Destroying All the Infrastructure Including Roads and Water” (Washington’s Blog, July 14, 2014):

Is Israel Trying to Bomb Gaza Back to the Dark Ages?

We noted Friday that Israel is bombing Gaza back to the stone age to get Hamas … But ISIS – NOT HAMAS – claims credit for attacks against Israel.

In response, several commenters accused us of exaggerating the brutality of Israel’s bombing campaign.

But as we noted in 2012, during the last major attack by Israel on Gaza:

Read moreIsraeli Interior Minister: ‘The Goal Of The Operation Is To Send Gaza Back To The Middle Ages’, ‘Destroying All The Infrastructure Including Roads And Water’

2,000 Nuclear Bombs A Year? Japan’s Plan To Reopen Nuclear Reprocessing Plant Stirs Concern

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– 2,000 bombs a year? Japan’s plan to reopen nuclear reprocessing plant stirs concern  (RT, July 14, 2014):

Reactivating a nuclear fuel reprocessing plant could provide Japan with enough plutonium to produce up to 2,000 atomic bombs a year, a US expert has warned. The “reckless” move could destabilize the region, as Japan’s neighbors rush to compete.

Henry Sokolski, executive director at the Nonproliferation Policy Education Center, urged the House Foreign Affairs committee to hinder the reopening of the nuclear reprocessing facility in Rokkasho, North Japan.

Read more2,000 Nuclear Bombs A Year? Japan’s Plan To Reopen Nuclear Reprocessing Plant Stirs Concern

US Foreign Policy In Shambles: Global Crises Worst Since 1970 As Obama Golfs

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 – US Foreign Policy In Shambles: Global Crises Worst Since 1970 As Obama Golfs (ZeroHedge, July 14, 2014):

If one were so inclined, one could imagine that the relentless barrage of domestic scandals plaguing Obama have been orchestrated with a simple reason: to divert attention from the worst US foreign policy in four decades. And sure enough, even a casual glimpse of all the raging international crises, in which the US is currently embroiled, is enough to make one wonder if the next global crisis will be fought not in the capital markets but in the actual battlefield. As the WSJ recounts, “a convergence of security crises is playing out around the globe, from the Palestinian territories and Iraq to Ukraine and the South China Sea, posing a serious challenge to President Barack Obama’s foreign policy and reflecting a world in which U.S. global power seems increasingly tenuous. The breadth of global instability now unfolding hasn’t been seen since the late 1970s, U.S. security strategists say, when the Soviet Union invaded Afghanistan, revolutionary Islamists took power in Iran, and Southeast Asia was reeling in the wake of the U.S. exit from Vietnam.“

obama-satanic-salute-handsign

The humiliation continues:

In the past month alone, the U.S. has faced twin civil wars in Iraq and Syria, renewed fighting between Israel and the Palestinians, an electoral crisis in Afghanistan and ethnic strife on the edge of Russia, in Ukraine.

Read moreUS Foreign Policy In Shambles: Global Crises Worst Since 1970 As Obama Golfs

Snowden Files: Manipulating Polls, Netting From LinkedIn And YouTube In GCHQ’s Bag Of Tricks

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gchq-spying-internet-tools

– Snowden files: Manipulating polls, netting from LinkedIn and YouTube in GCHQ’s bag of tricks (RT, July 14, 2014):

The UK’s spy agency has developed a number of crafty tools to monitor and comb the web, planting false information when necessary, Glenn Greenwald said while disclosing a fresh batch of Snowden’s files.

The tools were created by the Joint Threat Research Intelligence Group (JTRIG) within the Government Communications Headquarters (GCHQ), according to the leaked documents.

Previous files have already detailed JTRIG’s use of “fake victim blog posts” and “false flag operations,” as well as “honey traps” and various forms of psychological manipulation of online activists.

But the newly released GCHQ document, titled ‘JTRIG Tools and Techniques,’ gives a more comprehensive view of the scale of the operations, including how invasive they can be and how much online havoc can be caused.

Read moreSnowden Files: Manipulating Polls, Netting From LinkedIn And YouTube In GCHQ’s Bag Of Tricks

3 Israelis Say They Killed Palestinian Teen ‘In Revenge’

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– 3 Israelis say they killed Palestinian teen ‘in revenge’ (RT, July 14, 2014):

Three Israeli Jews who were arrested for the murder of a Palestinian teenager have confessed to kidnapping him and then burning him alive, officials stated. They said it was revenge for the killing of three Jewish youths last month.

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Did Anyone Live In Palestine Prior To The Formation Of Israel?

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– Did Anyone Live In Palestine Prior to the Formation of Israel? (Washington’s Blog, July 14, 2014):

There Were People In Palestine

Many claim that no one lived in Palestine prior to the formation of the state of Israel. Indeed, Israel was sited in Palestine under the slogan:

“A land without a people for a people without a land” ….

But the history of Palestine is much more complicated:

The claim that no one lived in Palestine is undercut by this video footage shot in 1896:

Read moreDid Anyone Live In Palestine Prior To The Formation Of Israel?

Japan Nuclear Prof.: Fukushima plant now a ‘swamp of radioactive material’ — Can’t stop pumping in more water because they don’t know where melted fuel went

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– Japan Nuclear Prof.: Fukushima plant now a ‘swamp of radioactive material’ — Can’t stop pumping in more water because they don’t know where melted fuel went — Build roof over entire site? — Asahi: Continued presence of water threatens construction of ice wall around reactors (ENENews, July 13, 2014):

Interview with Professor Hiroaki Koide, Kyoto University Reactor Research Institute, translated by Fukushima Diary, July 13, 2014: Fukushima plant is now like a swamp of radioactive material due to the contaminated water […] Tepco should quit cooling with water since one year ago. However from Tepco’s assumption, it is impossible to shift to air cooling because they can’t identify the exact locations of molten fuel.

More from interview with Professor Koide, translated by Google: I think of that accident of Fukushima […] the human race has been encountered for the first time […] Rather than the cooling in the water, should switch as soon as possible to the cooling method of another I think. […] I thought the most part rain is falling on the site […] so, I cut off the rain. In other words, it is such as paving the entire site. I think I think in some cases, that I would build a roof on the entire site […] in the premises of the Fukushima Daiichi nuclear power plant, but is in a state such as the swamp of radioactivity […]

Read moreJapan Nuclear Prof.: Fukushima plant now a ‘swamp of radioactive material’ — Can’t stop pumping in more water because they don’t know where melted fuel went

Given US/UK/Israel wars and lust for more, what do two ‘supreme Law’ treaties say about lawful and unlawful war?

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– Given US/UK/Israel wars and lust for more, what do two ‘supreme Law’ treaties say about lawful and unlawful war? (Washington’s Blog, July 13, 2014):

The short answer is war is lawful only in self-defense from armed attack by another nation’s government, and lawful response is to arrest US/UK/Israel leaderships for unlawful Wars of Aggression.

Background history: It’s easy to document the US as a neocolonial empire; offspring of Europe’s lust for material wealth that spawned two world wars in the century within which all current adults were born.

All of our families sacrificed through those wars. Please take a moment to feel what they went through. Please take a moment to experience the cumulative costs inflicted by “developed” nations’ imperialism and wars, including Israel’s escalating unlawful War of Aggression on Palestine that make Gaza the world’s largest concentration camp.

Read moreGiven US/UK/Israel wars and lust for more, what do two ‘supreme Law’ treaties say about lawful and unlawful war?

Secrecy Laws Passed To Hide Pedophile Ring Connection To Royal Family?

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– Royal Family granted new right of secrecy (Independent, Jan 8, 2011):

Special exemptions to be written into Freedom of Information Act

The Royal Family is to be granted absolute protection from public scrutiny in a controversial legal reform designed to draw a veil of secrecy over the affairs of the Queen, Prince Charles and Prince William.

Letters, emails and documents relating to the monarch, her heir and the second in line to the throne will no longer be disclosed even if they are in the public interest.

Read moreSecrecy Laws Passed To Hide Pedophile Ring Connection To Royal Family?

Gold Slumps Most In 2014 As “Someone” Dumps $1.37 Billion In Futures At US Open

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– Gold Slumps Most In 2014 As “Someone” Dumps $1.37 Billion In Futures At US Open (ZeroHedge, July 14, 2014):

UPDATE: Gold is down 2.5% – the biggest daily drop since early Dec 2013

In a status-quo reinforcing smackdown, gold and silver prices have been clubbed lower this morning to one-month lows with the biggest drop in almost 2 months. The customary USDJPY surge (and risk asset spike) has accompanied this high volume dump just to make sure everyone believes that BES is fixed, Ukraine is fioxed, Iraq is fixed, earnings are great, and the water is warm….

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Yellowstone Supervolcano ‘Turned The Asphalt Into Soup’ Shutting Down Natl. Park’s Roads

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– Yellowstone supervolcano ‘turned the asphalt into soup’ shutting down Natl. Park’s roads (RT, July 14, 2014):

Extreme heat from a massive supervolcano underneath Yellowstone National Park is melting a major roadway at the popular summertime tourist attraction. Park officials have closed the area to visitors.

Firehole Lake Drive, a 3-mile-plus offshoot of the park’s Grand Loop that connects the Old Faithful geyser and the Madison Junction, is currently off limits. Park operators say the danger of stepping on seemingly solid soil into severely hot water is “high.”

“It basically turned the asphalt into soup. It turned the gravel road into oatmeal,” Yellowstone spokesman Dan Hottle said.

Read moreYellowstone Supervolcano ‘Turned The Asphalt Into Soup’ Shutting Down Natl. Park’s Roads

Ron Paul: The Collapse Is Close (Video)

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Hmmh.

Alex Jones now – like Obama – using the latest state of  the art MASS HYPNOSIS techniques of Dr. Milton Erickson, M.D. ?

Start listening from 12:50 into the video …

“Now is the time to …”

– PDF: Obama’s_Use_of_Hidden_Hypnosis_techniques_in_His_Speeches:

…

Elementary pacing examples from Obama include, “now is the time”, and “as I stand here before you.”

These statements are undeniably true in the simplest terms and commonly used parts of his pacing techniques, because of course now is the time, and if he is there speaking, of course he is standing before us.

These are things the hypnotist says that are verifiably true, and used to lower our critical factor defenses to allow implantation of subconscious messages.

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Added: Jul 12, 2014

Related info:

– 70% Devaluation Of The US Dollar Coming – We Are Headed For A Crisis Of Biblical Proportions – IMF Christine Lagarde’s Warning! (Video)

Fukushima Press Conference: “To the people of the world… dangerous developments… we need your help” — I vomited blood, skin inside mouth peeled out… no limit to radiation damage… contamination is all over Japan — Speaker nearly cries when revealing babies in rain waiting for food after explosion, “Gov’t didn’t issue any warnings”

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– Fukushima Press Conference: “To the people of the world… dangerous developments… we need your help” — I vomited blood, skin inside mouth peeled out… no limit to radiation damage… contamination is all over Japan — Speaker nearly cries when revealing babies in rain waiting for food after explosion, “Gov’t didn’t issue any warnings” (VIDEO) (ENENews, July 13, 2014):

Introduction at the Foreign Correspondents’ Club of Japan, July 3, 2014 (at 2:00 in): They have a lot to say about the many health issues their families and communities are facing.

Kazue Morisono, of Koriyama (60 km from Fukushima Daiichi) at the Foreign Correspondents’ Club of Japan, July 3, 2014:

Colorado Man Infected With Deadliest, Rarest Form Of Plague

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black-death

If ever there will be another plague pandemic you can ‘vaccinate’ yourself homeopatically (without any side effects).

Here you can (still) get nosodes in an excellent quality

Remedia.at

I would buy a C 200:

Yersinia pestis

Flashback:

– Scientists Find Ancient Plague DNA In Teeth

– Scientists Rebuild Genetic Code Of ‘Black Death’ Germ By Extracting DNA Fragments From Teeth Of Medieval Corpses Found Under The ROYAL MINT In London

– Peru: Deadly outbreak of bubonic and pneumonic plague

– Plague-Infested Mice Missing From New Jersey Research Lab

– Return of the Plague

Scanning electron micrograph depicting a mass of Yersinia pestis bacteria
Scanning electron micrograph depicting a mass of Yersinia pestis bacteria

– Colorado Man Infected With Deadliest, Rarest Form Of Plague (ZeroHedge, July 13, 2014):

Don’t Panic. But…”The message we’re trying to get out is that the plague bacteria is present here in Colorado, and to take necessary precautions to avoid getting infected,” is the warning from health officials as a Colorado man is infected with the rarest and most fatal form of the pneumomic plague, an airborne version that can be spread through coughing and sneezing. As Bloomberg reports, it is the first case of pneumonic plague seen in the state since 2004, and rather stunningly, he appears to have contracted the illness from his dog. “We don’t think it’s out in our air,” House said. “We think it’s in our dead animal populations.”

As Bloomberg reports, a Colorado man is infected with the rarest and most fatal form of plague, an airborne version that can be spread through coughing and sneezing.

Read moreColorado Man Infected With Deadliest, Rarest Form Of Plague

‘Too Many Of Them’: Warnings On Pedophiles Operating In Westminster Were ‘Ignored’

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westminster

– ‘Too many of them’: Warnings on pedophiles operating in Westminster were ‘ignored’ (RT, July 12, 2014):

A former official from the UK’s social services has said that an alleged pedophile network in Westminster and Whitehall was ignored because “there are too many of them over there.”

David Tombs, a former official who ran Hereford and Worcester social services for 20 years, warned the government about the possible pedophile network after the arrest of notorious pedophile Peter Righton in 1992.

Read more‘Too Many Of Them’: Warnings On Pedophiles Operating In Westminster Were ‘Ignored’

George Orwell Would Be Proud: US Media Admits Divine Right To Decide What Public Needs To Know

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brainwashing-propaganda

– Pentagon Correspondent for the New York Times Refers to American Citizens as “Children”  (Liberty Blitzkrieg, July 14, 2014):

Yesterday afternoon, I happened to read a seemingly innocuous enough article in Time by Justin Lynch titled: Bloggers, Surveillance and Obama’s Orwellian State. The article covered the usual bases. Such as the fact the Obama Administration is the least transparent ever, how it has attacked whistleblowers and journalists more than all other Presidents combined, and how citizen journalists pose a threat to the corrupt and dying status quo. All things that we already know.

Read moreGeorge Orwell Would Be Proud: US Media Admits Divine Right To Decide What Public Needs To Know

Gov’t Report: Nuclear waste was up to 1,600°F during WIPP plutonium release — Concern that heat ‘chemically or physically changed’ contents of other drums — Increased hazard of spontaneous reaction… may have already occurred — Over 50 drums at risk (VIDEO)

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– Gov’t Report: Nuclear waste was up to 1,600°F during WIPP plutonium release — Concern that heat ‘chemically or physically changed’ contents of other drums — Increased hazard of spontaneous reaction… may have already occurred — Over 50 drums at risk (VIDEO) (ENENews, July 13, 2014):

Evaluation of the Effect of Elevated Temperatures on the Waste Containers in [the Waste Isolation Pilot Plant’s] Room 7 of Panel 7 to Determine if an Additional Reaction Hazard Has Been Introduced, Los Alamos National Laboratory, June 18, 2014 (emphasis added): Unreacted drums of nitrate salt waste stream, LAMIN02-V.001, continue to pose a potential reaction hazard in Room 7. […] at least one nitrate salt bearing waste container from [LANL] is breached […] LANL-CO was […] to determine if the heat has chemically or physically changed the waste and introduced a reaction hazard causing the waste to spontaneously combust, self-heat, autoignite, or explode. […] Based on the photographic evidence of the color of the steel on the breached LANL drum, a small area of the drum reached a minimum temperature of 340°C [644°F]. […] The damage to container gaskets, polypropylene backfill bags, shrink wrap, and slip sheets indicate a room wide temperature sufficient to cause the polymers in these items to flow or melt […] Based solely on the photographic information it appears that some surfaces on the LANL drum may have reached temperatures of up to 700-870°C [1598°F] and the waste in a large portion of the room reached temperatures up to 170°C to 230°C [446°F].

Read moreGov’t Report: Nuclear waste was up to 1,600°F during WIPP plutonium release — Concern that heat ‘chemically or physically changed’ contents of other drums — Increased hazard of spontaneous reaction… may have already occurred — Over 50 drums at risk (VIDEO)

1 Killed, 2 Injured: Russia Vows Response To Ukraine Shelling Russian City

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putin

– 1 killed, 2 injured: Russia vows response to Ukraine shelling Russian city (RT, July 13, 2014):

An artillery shell from Ukraine has hit a private house in the Rostov region of Russia, killing a citizen and leaving two more injured. The Russian Foreign Ministry promises heavy consequences.

Reportedly up to six mortar shells exploded on Sunday in the small Russian town of Donetsk, which has the same name as the Ukrainian city and is situated right on the Ukrainian border.

Ukraine’s charge d’affaires in Russia has been summoned to the Foreign Ministry where he was handed a note of protest in the strongest terms.

President Vladimir Putin voiced extreme concern over Ukraine’s offensive, adding that it is unacceptable for Ukrainian shells to reach Russia’s territory. The president said that such actions should be stopped, according to his press secretary, Dmitry Peskov. Putin met with German Chancellor Angela Merkel in Rio de Janeiro, Brazil on Sunday. The two leaders agreed that the situation in Ukraine in worsening and that it is necessary to resume the work of the international Contact Group on Ukraine.

The Russian Foreign Ministry has called the shelling “an obviously aggressive act” on Ukraine’s part and warned it could have “irreversible consequences” with Kiev holding full responsibility for the provocation.

Read more1 Killed, 2 Injured: Russia Vows Response To Ukraine Shelling Russian City

Indiana Stored Babies’ DNA, Blood For Research Without Parental Consent Since 1991

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– Indiana stored babies’ DNA, blood for research without parental consent (RT, July 13, 2014):

The Indiana State Department of Health has been collecting babies’ blood and DNA without their parents’ permission since 1991, according to an investigation by a local news station. Now the state wants to know what to do with the blood samples.

When a baby is born in Indiana, as with other states, the state conducts a newborn screening test. A nurse or midwife takes a few drops of blood from the heel of each infant. The blood is collected on a specialized filter paper, which is then sent to the state’s Newborn Screening Lab in downtown Indianapolis.

Read moreIndiana Stored Babies’ DNA, Blood For Research Without Parental Consent Since 1991