Germany the 800 pound Gorilla


Armstrong Economics Blog

Re-Posted Aug 14, 2016 by Martin Armstrong

800-pound-gorrila

This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee with less than 10,000 in population, announced it will begin charging retail customers to hold their cash starting in September. This will apply to accounts greater than €100,000 euros. This means the bank will charge customers 0.4 percent, which amounts to a direct pass-through of the current level of the ECB’s negative deposit rate. After speaking directly with banking sources, what is happening is that cash is flooding into German banks from around Europe just to park avoiding the negative deposit rate. Now, the banks are starting to pass the negative rates back to the clients. However, much of this flow of capital has also been money fleeing other banks outside of Germany for fear that the euro will break and they will get Deutschemarks.

However, THE 800 POUND GORILLA in the corner of the room is Deutsche Bank itself. Rumor has it that its derivative book is 5 times the GDP of Germany. The real issue here is what happens when Deutsche Bank needs more than a banana? This is the largest bank in Germany and thus the most important bank for all of Europe even if you do not bank there. Can Germany really allow the BAIL-IN process to take place? Politically, this would be total disaster economically, politically, and for the stability of the EU itself. The theory which destroyed Cyrus and has wreaked havoc in Greece, if applied to the largest economy of Europe, will destroy all confidence in Brussels.

Does the fate of Europe hinge on the fate of Deutsche Bank? If the Germans blink, what are the ramifications that will reverberate throughout Europe? These are issues we will discuss at the upcoming WEC Institutional Session.

Globalists Unite: Hillary Clinton Running Mate Tim Kaine Dines with George Soros’ Son as Donald Trump’s Rise Terrifies World Elite


Now there is one evil connection — I can image one much worse or with such bad , no horrible potential!

New York Times Tells Truth About US Gov’t ISIS Connection


Any legitimate study will show that the US created ISIS with the policy’s that the administration of Obama and Hillary used in supporting the Arab Spring. There that creation was intentional or collateral damage is yet to be determined but the fact is that the US did, in fact, create ISIS ans initially arm it though Benghazi

Klayman – 2nd American Revolution May Be Inevitable, Soros To Blame


ts hard to find a person more evil that George Soros!

KOMMONSENTSJANE – MAN AND WOMAN


It seems that someone in the Army branch of the military is going to remove the “man” word out of the military  MANUALS in order to make it more inclusive.  It will be a giant step when…

Source: KOMMONSENTSJANE – MAN AND WOMAN

KOMMONSENTSJANE – OBAMA PASSES THE DARK ACT INTO LAW


Just one more assault on our freedoms get use to it people there are a lot more coming if Hillary gets in.

kommonsentsjane's avatarkommonsentsjane

President Obama Just Signed The DARK Act Into Law

July 31, 2016

By Heather Callaghan

We regret to inform you that President Barack Obama signed into law, S. 764, which was the newest manifestation of the DARK Act (Denying Americans the Right to Know).

The DARK Acts were a way to establish federal labeling – i.e. the lack of GM labeling – and would banish all state labeling initiatives under a federal standard.

A brief press release by the White House simply mentioned a list of bills and S. 764, “which directs the Secretary of Agriculture to establish a national mandatory bioengineered food disclosure standard,” was listed at the end. The “disclosure standard” must be an inside joke, because the disclosure involves the consumer having to scan a QR code on a food product to find out about genetically modified ingredients, or call a 1-800 number. These measures might not…

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Stunning CDC Statistic: “25% of Puerto Ricans Infected With Zika Virus”….


Could this be the start of the globalists population control?

Tracking Everyone Hunting for Money on Trains or in the Air


Custom Agents

 

We have certainly embarked down the road of a police state. Federal agencies are tracking people who travel on trains or in the air. If someone buys a ticket for cash, they government is notified. They are looking for the slightest thing. I went to the airport to pick up a friend who comes over to the States maybe four times a year. I ended up waiting for nearly 3 hours. They took the person and searched everything. The agent then handed them to someone else and said “see if you can find something! I found nothing.”  Finally, they escorted them out to me and then began interrogating me saying that frequent trips set off a “red flag” and then asked what I did simply because I was there to pick them up. I am not easily intimidated and can hold my ground. So they backed off and released them.

I was flying back to the States from Europe over the July 4th holiday. My ticket was originally booked for JFK in New York. I then remembered the travel would be horrific so I switched to Philadelphia. When I landed, I was met by two IRS agents. Apparently there was sting they set up at JFK looking for American coming home for holidays who do not pay taxes here. I said you can check I pay my taxes here and do not live overseas. That was not good enough. They though I was tipped off to their sting in NYC and sent two agents to intercept me in Philadelphia simply because I switched planes.

I took the train from Brussels to London after meetings there with government so I was dressed in a suit and tie. Everyone else on the train were tourists. I was the only called aside by British customs. They asked how much money did I have on me. I showed them my US passport. That was NOT enough. They wanted to see my ticket where I bought it and how I paid.

When I returned from our Berlin Conference last year, I dressed casual in jeans. But traveling alone I was again singled out. Again they wanted to know how much cash I had on me. The hunt for money is getting really bad. You cannot train on a train in Europe without them looking for money. In Italy, they confiscated a stack of bonds from a passenger on the train to Switzerland. A staff member left Switzerland on the train for a meeting in Lichtenstein which goes through France. The train was stopped in France and police search bags looking for cash.

In the USA, now even the DEA is searching all travel records on trains and in the air. They target people who buy one-way tickets or pay cash for a ticket. We should just legalize drugs and that would end the crime and the confiscation of citizens. Now everyone is a suspect for the slightest thing.

Solar Physicist Sees Global Cooling Ahead


Day AFter Tomorrow

While the government is using the global warming theory to raise taxes, the real danger is global cooling. The significance of being unprepared means that we will face a rising threat of a food shortage in the years ahead. This is the real danger of global cooling.

CRNFOR-Y

It does appear that we are looking at a rise in food prices after 2017. This will, in part, be caused by  weather, but we must also respect that there is rising civil unrest that typically corresponds to a reduction in food supplies.

Thomson Reuters Leak on over 2 million records of People & Firms they say are Questionable


Reuters Leak

There has been a major leak of a list of “suspected” people who maybe criminals with links to profiles individuals and businesses suspected of ties to organised crime and terrorism. This leak online has serious implications and was the result of  a list which emerged from a Thomson-Reuters who has engaged in a due diligence claimed service called World-Check. The question about the validity of such a service certainly involves privacy concerns. There is also some serious implications that if they claim someone has some connection to anything, is this true or not and does this prevent someone from doing business to renting an apartment. What are the sources of their information? All of this comes into question.