Debt Rattle April 14 2017

[Raúl Ilargi Meijer]

[See the full post at: Debt Rattle April 14 2017]

[V. Arnold]

I liked the Klepetan/Malena story; a welcome break from what’s become human society (at least in the west).
Thanks Ilargi; a welcome break indeed…

[SteveB]

It’s no wonder we waste and are good at it. The exchange-based belief system of our culture creates inherent (and perverse) incentives to do so. We’ve had generations of practice, and now it’s reaching its peak, along with easy-to-come-by fossil fuel supplies.

[John Day]

More Bombs Gone Bad.

The US led forces have now bombed their own rebel chemical weapons depot and accidentally killed hundreds of civilians, even a dozen moderate-rebels.
It’s not like what Syria did though; not the same at all.
https://www.zerohedge.com/news/2017-04-13/syria-claims-us-led-coalition-strike-isis-chemical-weapons-depot-has-killed-hundreds

That lying Ophthalmologist! 😮
Speaking with the BBC earlier this morning, Syrian President Bashar al-Assad said the U.S. account of the recent chemical weapons ‘attack’ in Syria was a “100% fabrication” which can only lead him to the conclusion that the West must be working “hand and glove with the terrorists.”
https://www.zerohedge.com/news/2017-04-13/assad-chemical-attack-100-fabrication

How come chemical weapons attacks happen a month or two after John McCains secret visits to moderate terrorists in Syria? (Yeah, it’s only twice; prob’ly nothing to it. Thanks anyway, Eleni.)

Every time John McCain makes secret trips to Syria, chemical weapon attacks follow

Oh, yeah… McCain points out that Russia and Syria did it again, same as last time.
https://www.blacklistednews.com/McCain%3A_Russia_cooperated_with_Syria_in_chemical_attack/57854/0/38/38/Y/M.html

Uh, oh… An MIT professor analyzes the White House proof of Syrian chemical weapon attack from the air, finds the same crater, already on Google Earth, and points out from the White House photos that a 122 mm artillery rocket of stuff had to be put on the bottom of that old crater, with explosive on top of it, to create what is shown in the pictures. Oh, my,… have we made some kind of mistake?
https://drive.google.com/file/d/0B_Vs2rjE9TdwR2F3NFFVWDExMnc/view

You may recall this from a couple of days ago:
“We’re not going into Syria,” Trump said. “Our policy is the same — it hasn’t changed. We’re not going into Syria.” “We’re not exactly on the same wavelength with Russia, to put it mildly” — again called the nuclear deal with Iran “the single worst deal ever,” and said of the worsening nuclear situation with North Korea: “I knew I was left a mess, but it’s worse than I thought.” Trump also damns Steve Bannon with very faint praise. (Neocons/Neoliberals appear to hold most face-cards again.)
https://www.marketwatch.com/story/trump-declines-to-endorse-bannon-says-us-not-going-into-syria-2017-04-11

Now there’s this:
It appears that Mike Cernovich, who earlier this week wrote that Trump’s national security advisor, Gen. H.R.McMaster, was planning on sending as many as 150,000 troops to Syria, may have been right again. According to Bloomberg commentator Eli Lake, who has now made a habit of confirming Cernovich “conspiracy theories” (he did so previously with the Susan Rice scoop), Trump may be on the verge of escalating the proxy war in Syria by sending anywhere between 10,000 and 50,000 troops on the ground, and – if Cernovich is indeed correct – as much as three times more.
https://www.zerohedge.com/news/2017-04-13/trump-may-send-50000-troops-syria

North Korea opens a new street in Pyongyang, the “Big Event” journalists were told to prepare for, and forbidden to bring cellphones to. Kim Jong Un appeared outside and in public (An open target! That’s why journalists were forbidden to carry position-sending cellphones. I suspect he will not be an open target Saturday when they underground test that nuke.)
https://www.zerohedge.com/news/2017-04-13/north-koreas-big-and-important-event-street-opening

Nuke ready to detonate on Granddad’s 105th birthday. Happy Birthday Kim il Sung!
https://www.zerohedge.com/news/2017-04-12/north-korea-said-have-placed-nuclear-device-tunnel-could-be-detonated-satuday-mornin

Trying to get ahead of the news-cycle again, the US might resume massive bombing of North Koreans after a 63 year pause, to prevent an underground nuclear test, which could kill hundreds of millions of Americans or something.
The U.S. Navy has positioned two destroyers capable of shooting Tomahawk cruise missiles in the region, one just 300 miles from the North Korean nuclear test site. Additionally, American heavy bombers are also positioned in Guam to attack North Korea should it be necessary, and earlier this week, the Pentagon announced that the USS Carl Vinson aircraft carrier strike group was being diverted to the area.
https://www.zerohedge.com/news/2017-04-13/us-may-launch-preemptive-strike-north-korea-ahead-nuclear-test

BOOM!
One day after the Trump administration demonstratively used the GBU-43/B Massive Ordinance Air Blast bomb (MOAB, also known as Mother Of All Bombs) the most powerful non-nuclear bomb in the US arsenal in Afghanistan, in a clear show of force meant to send a signal to North Korea, it released a video of the explosion.
(It’s been sitting there for so long, and we couldn’t just let it get past it’s shelf life, so we had to use it, and it helps legitimize our new president.)
https://www.zerohedge.com/news/2017-04-14/us-releases-video-mother-all-bombs-explosion-which-killed-36-isis-fighters

There is a bipartisan move in Congress to resist presidential commitment of American troops to help slaughter starving peasants in Yemen, to benefit our good friends, the royal house of Saud.
https://theantimedia.org/lawmakers-trump-military-yemen/

German Finance Minister and deep-state Sith-Lord, “Wolfie” Schaeuble goes all Trumpish on Islamic wetbacks!
“Such migrants who do not accept Europe’s way of living should be told “you have made the wrong decision”, Schaeuble said during a round table discussion in Berlin. “There are better places in the world to live under Islamic law than Europe,” he added.”
https://www.zerohedge.com/news/2017-04-12/wolfgang-schaeuble-if-muslim-migrants-dont-europe-go-elsewhere

CIA Director Pompeo declares Wikileaks to be “a hostile intelligence service”, which should justify anything, anything at all… [Forget the nice things we said last year before we joined the Borg!]
https://www.theguardian.com/us-news/2017/apr/14/cia-director-brands-wikileaks-a-hostile-intelligence-service

[Glennda]

When I saw your photo of the day, I thought – nuclear bomb.

Shows where the fear scale for me is going. I remember the Cuban missile crisis. I was 18 yrs old and in DC at an anti-war/anti-nuke demonstration when we heard the news. On the bus ride back to NYC (I was a student there), at a bus stop I phoned my father in CA for his political advise and reassurance. He was reassuring, I think that was for me, not the reality of the situation.

Now that I’m semi-retired, it seems like deja vu all over again.

[Patricia]

There is no doubt the world is in a bad state but for the life of me I cannot see what we can do. While I would love to see a wall built right around America – nothing in nothing out for 250 years that is not going to happen. While they say history never repeats itself but it alway rhymes I do wonder if today’s leaders are in the same maniacal state the leaders of the world were in prior to WW1. And we know that they were from what has come out since WW1.
Getting back to more prosaic things could some one please explain to me if 97% of all money in circulation is created by the Banks why do they borrow money from overseas? Is that because some of their clients want to borrow say yen to pay for goods purchased over seas? Or do Bank rules say that they have to have to hold x amount of foreign currency. If so why not just hold the reserve currency.?

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