The Russians did this in 24 hours; while Obama couldn’t do this in over a year. Putin has totally embarrassed our military and their leader! Its going to be hard for even Trump to rebuild our military after 8 years of total incompetence!
Category World Economic Form
Germany’s Merkel is destroying the entire EU!
Merkel & the Fate of Germany
COMMENT: Dear Marty,
You are spot on: something big is happening in Germany at this very moment – just look at today’s headlines from Spiegel.de:
- Widerstand in der CDU gegen Merkels Einwanderungsgesetz
= party internal opposition towards Merkel’s immigration policy
- Bundesregierung und EU-Kommission erwägen “Flüchtlings-Soli”
= German Government mulls introduction of special migrants tax (Solidarity tax…..yeah….nice word)
- Seehofer droht Merkel mit Verfassungsklage wegen Einwanderungspolitik
CDU’s Bavarian sister party CSU and its leader Horst Seehofer threaten to sue Government over migration crisis
I have never ever seen Germany in such a chaotic condition – the political backbone (Mittelstand) – usually strong supporters of the CDU – is also openly criticising Merkel for her idiotic policies…..
Just imagine what happens if there is a so called terrorist attack (false flag or real) in one of the large German cities. It will achieve the opposite of what they are trying to engineer with their “everyone is welcome” policy.
This is a real powder keg of epic proportions, beware if something should happen, it will unleash an avalanche of ugly retaliatory knee jerk reactions……she can then put her noble price up her arse…and Europe will also start to question Germany’s status of primus interpares. Yes, I can see now what you mean with the real crisis in government and the sovereign debt crisis you are expecting to unfold soon – it is in the making !
But boy….as long as the Euro is climbing vs the USD, everything is fine, nothing to see here…..
Nice weekend !
Best, O
REPLY: Yes, it appears our politicians on a global scale have degenerated to the worse state of incompetence. This appears to be the election temperament in the USA. With the financial capitol of the world moving to Asia (India/China), this appears to be the final nail in the coffin of Europe. The whole idea of Brussels is failing and this is why lawyers as politicians are dangerous. They do not have a clue as to how the economy or society functions. They try to write laws to command an outcome and never listen. Then on top of that, they will never admit a mistake. Once a policy is adopted, they will not change and this is the problem in motion for Europe.
There is just no way out because they will never admit this idea of one government is a total failure. My sources relay that the immigration issue was adopted by Merkel because her policy on Greece made her appear nasty inside Europe. So she accepted the migrants to change her image in the aftermath of Greece. Then Obama praised her and the next day she said there was no limit. Then she was up for the Nobel Peace Prize, but has now lost.
This posturing will prove to be a huge disaster.
“Opportunity” Knocks – Muslim Migration Increases Crime in Germany By 65%…
It’s hard to imagine the crime not increasing with lot of young men with nothing to do it can only get worse.
This is not Migration it is Invation
Slovakia Will Exit the EU Over the Immigration Issue
The Slovak Prime Minister Robert Fico has stated bluntly that the EU must stop the influx migration of refugees or Slovakia will exit the EU. The refugee issue is tearing Europe apart. Latvia refused to accept the number allotted to them by Brussels.t is Invation
Matt Drudge and Alex Jones
Russia Begins Firing Cruise Missiles From Caspian Sea Into Syria (W/ Video)….
With both American and Russian forces engaged in the war its only a matter of time until American, Russian or both are killed by the other side in the fighting. It’s not a question of if it happens its a question only of when this happens.
The perfect economic storm; a collapsing German economy and bringing in hundreds of thousands of refugees
German Industrial Production Collapses by 4%
The other side of 2015.75 is not going to be pretty. The first news on the German industrial production report dropped 4% from July to August, versus an expected decline of 1.5%. This is a very alarming huge month-on-month drop, the largest in the past five years. This now brings a shocking reality since the month saw a 2.8% drop on the same month last year. Everything is turning down hard from factory orders onward and now we have the VW scandal. Even the resale values on Volkswagen’s diesel cars in the U.S. have collapsed dropping 13% according to the Kelly Blue Book.
Germany is the core of the European economy. Our models are warning we are looking at a very steep economic decline and this contagion will inflect the USA now with the turn on 2015.75. This is no time for Germany to get caught up in refugees since the weather in Germany will be colder this year than before and these people are not suited to cold weather.
If No One Else Will Ask Obama This, I WILL…
When you have a fool running a military operation the results will almost never be good! Further they will almost always be a disaster.
[On the bombing of the hospital run by Doctors Without Borders in Afghanistan]
This incident underscores two very important questions for our Commander in Chief. Why would we have Afghans calling in close air support of our assets? And how do we define close air support — and what type of assets do we have to conduct the mission?
Close air support is the implementation of air assets in conjunction with ground troops in contact with the enemy. It involves the use of ground tactical air controllers (GTACs) or, at a minimum, someone who’s been trained in directing close air support. As a young artillery officer at Ft. Sill, Oklahoma, we all had to qualify on calling in a close air strike coordinating artillery smoke to direct/vector in aircraft. And our Special Operations forces are all trained in the employment of close air support. We know the enemy was occupying a hospital and directing fires against our forces…
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We are in a very unstable period with fools in the White House that don’t have a clue that they are taking us toward a confrontation with Russia
Gold & the Dow – Looking Ahead
QUESTION: Mr. Armstrong; So many people have tried to copy what you do and in the process expose themselves as having nothing original to offer. They pretend to have models that pinpoint dates like October 7th and claim they are using the K-Wave to cover up their theft. Still they fail to understand what you have been forecasting and that I find really interesting.
Your revelation of gold and the stock market and how they often trade together was amazing. So if I am correct, gold is indeed a commodity and will rise against a currency along with other tangible assets including stocks because it is really a contest between money and assets. I get it. You cannot have gold as money act as a store of value and make money on everything else since any rise in assets including wages means money must decline in value. That is so basic, I feel really stupid for listening to these people for so long.
So gold will rise because it is not money and with the stock market. Correct?
EF
ANSWER: Yes. This is the peak in government rather than the private sector market be it stocks or commodities. Gold is rising right now along with the Dow. The oscillators are bullish on both at the same time. These market are not trading opposite as the promoters chant. This is indeed demonstrating the alignment that must become dominant moving ahead. These markets will blast off only when we see the overall CONFIDENCE in government collapse. It is not your confidence, but that of the general public.
The scary thing is the Russia bombing in Syria began precisely the day of the model – September 30th. This means we also have the war cycle to contend with and governments NEED war during depressions. We are escalating dangerously toward world war. The bureaucrats in Washington who have decided to oppose Russia, will never now admit that they were WRONG. I am sorry, but Putin is taking steps that are vital in the Middle East because the war mongering bureaucrats in Washington will NEVER admit error. This is a very dangerous position they are creating and they should be stopped, but unfortunately, we have people like John McCain who are out of their minds and way too old to comprehend you cannot win a war as you did in the 1950s. McCain never encountered a country he would not advocating invasion if they dared to disagree with him.
In gold, there is nothing to get excited about until you see a weekly closing above 1210. In the Dow, that is 17762. Initial resistance in gold stands at 1188 whereas in the Dow it is 17340. We still see the markets focused on the first week of November. It is interesting that the debt ceiling was kicked down the road to December, but the Treasury warns they will run out of money by early November. So interesting times still await us.
Bird’s-eye view of ‘Russian cluster bomb strikes ISIL in Syria’
We used “cluster” bombs in Nam and they safe my ass once. But those back then were antipersonnel munitions ; these did not look that that the strike look more like larger rounds for trucks and tanks. The difference e is the antipersonnel are more like hand grenades and they did not all go off when used which left life ammunition on the ground. that could kill anyone, and that was the objection.
Centinel2012 