Individual Economists

Watch: EU Parliament Told Continent Is "On Track For Civil War"

Zero Hedge -

Watch: EU Parliament Told Continent Is "On Track For Civil War"

Authored by Steve Watson via Modernity.news,

Europe’s ruling class has spent decades importing chaos under the banner of “diversity,” and now the bill is coming due in the most explosive way possible.

A major conference held inside the European Parliament has heard stark warnings that the continent is barreling toward civil war as mass migration erodes trust, creates no-go zones, and fractures societies along ethnic lines.

Professor David Betz of King’s College London cut straight to the point, telling the assembled lawmakers and experts: “Europe is on track for civil war”.

The event, titled Civil War: Europe at Risk?, was hosted by French populist-right leader Marion Maréchal and Sweden Democrats MEP Charlie Weimers. 

It also launched a new report documenting up to a thousand no-go zones across Europe based on public data including crime rates, sexual violence, youth gangs, unemployment, school performance, antisemitism, homophobia, mosque density, attacks on firefighters, and NGO presence.

Maréchal opened the conference by reflecting that formerly peaceful and stable societies are “rapidly transforming before our eyes into societies of violence and mistrust”, stating that “the main basis of trust between citizens is cultural homogeneity”, which is now fast eroding.

She warned Europe is already under a great strain of “diffuse guerrilla activity”, which takes various forms, including “riots, looting, random attacks, anti-white racism, and terrorist attacks”.

Weimers echoed the assessment, noting the impact of mass migration on cultural cohesion. The Swedish MEP reflected: “Western democracies that were once relatively homogenous societies have become deeply fragmented. Newcomers often share little in common with the indigenous population. More alarmingly, many have no intention of assimilating.”

Both hosts said they were driven to hold the conference to find political answers and prevent “the horror of civil war”.

Betz, who has gained prominence for highlighting the collapse of social cohesion, described the trajectory in chilling detail. He warned of “a peasant revolt. A conservative uprising in which the ruled seek to punish their rulers for violating their obligations under the social contract, and for changing the rules of the game against their wishes. It will look something like Italy’s Years of Lead, the ‘dirty wars’ of Latin America, or maybe The Troubles of Northern Ireland, but on a larger scale.”

He continued: “What is already a guarded society will become a radically more heavily fortified society as elites seek more protection with more walls, guards, and surveillance. It will be bloody… the Balkanisation of British life along ethnic lines [is underway].”

Betz further urged, “What I call assortative movement is already occurring, quite obviously in some places like Tower Hamlets in London, Sparkhill in Birmingham which are already ethnic enclaves, zones of negotiated policing with parallel legal systems, alternative economies, and… zones of endemic and large-scale out-group sexual predation… this ought to be more generally frightening.”

“In government there are plenty of people who understand fully the gravity of the situation, although it is, career-wise, terminal to speak of it openly,” he added.

Betz also warned of the ultimate stakes for native populations. “Where does Balkanisation lead us? … it leads to the extinguishment of Britain in the sense of a coherent cultural entity dominated by people genuinely sharing the titular identity of ‘British’… it leads to large scale and widespread civil war…”

“It is very possible that the Britons end up like the Canaanites or the Arcadians, a people of historic interest, their monuments visible here and there in some sort of ruination, of interest to archaeologists and historians,” Betz explained, adding “This would be a tragedy, but that is a very viable option in front of us, and in fact it is a possibility that is quite close.”

Weimers asked bluntly: “Where will Europe be in 50 years? Will there be a Europe in 50 years?”

Betz further outlined how any future conflict might unfold, describing “the siege of urban areas but with a few 21st century twists. In many ways it will be reminiscent of the siege of Sarajevo, but much more dominated by paramilitary actors using system disruption tactics. Most importantly, infrastructure attack to degrade and destroy the life support systems of urban, non-native enclaves.”

He continued, “The political object is very simple, it is to compel non-natives to leave. The strategy is to create conditions of life in the cities so intolerable that leaving is preferable to staying… it’s not an implausible theory of victory because its central premise, the instability of the modern urban condition, at the best of times is something scholars of urban studies have been warning against for 50 years already.”

Betz warned that “fuel systems are easy to attack, they are flammable if not explosive by definition, they are difficult to repair, and expensive to replace. In fact they are impossible to replace in civil war conditions where no insurance is available.”

He continued, “Moreover, disruption of fuel has very rapid knock-on effects of everything else logistically, most importantly the food distribution system which is the traditional weapon of siegecraft.”

The full conference is below:

Betz has continually warned of the deep social erosion he’s believes is cascading toward civil war in Britain and Europe.

Retired British Army Colonel Richard Kemp has also warned that integration breakdowns have worsened over the past two decades, paving the way for inevitable conflict.

Kemp outlined that there is “No government, the government now or any prospective government of the UK, has the guts to stop it” when it comes to the Islamification of Britain.

The pattern is unmistakable. Globalist policies of open borders and elite denial have created parallel societies, eroded national identity, and left ordinary Europeans with no peaceful political outlet. 

As Betz has noted, many in government already grasp the gravity but stay silent to protect their careers.

As educational as this all is, Europe doesn’t need more conferences or reports. It needs leaders with the courage to end mass migration, restore cultural cohesion, and put their own people first — before the warnings stop being theoretical and the conflict becomes reality.

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

Tyler Durden Mon, 03/30/2026 - 05:00

UAE Unveils Jet-Powered Kamikaze Drone As War Gets A Lot Scarier

Zero Hedge -

UAE Unveils Jet-Powered Kamikaze Drone As War Gets A Lot Scarier

UAE state-backed defense company EDGE Group has released footage on X, unveiling a new low-cost, jet-powered kamikaze drone, the latest signal that the hyperdevelopment of drone warfare is accelerating.

EDGE Group unveiled the Shadow 25, a jet-powered loitering munition described as a rapid-strike system designed to deliver precision attacks against fixed targets.

Shadow 25 can reach speeds in excess of 650 mph, about 5.42 times faster than the Iranian Shahed-136 drone. It has a range of 155 miles, which EDGE says offers "new opportunities to swiftly neutralize stationary enemy targets."

EDGE is one of the UAE's top national defense companies, developing, manufacturing, and supporting military and security products and services, including autonomous systems, missiles, naval platforms, electronic warfare, and radar systems.

Company Structure (data via Sayari):

Corporate Network (data via Sayari):

EDGE has also been expanding its industrial footprint and international partnerships. In 2025, it said it operated more than 170 manufacturing and assembly facilities across the UAE.

Our takeaway is that after four years of hyperdevelopment in drone warfare across Ukraine, the US-Iran conflict now appears poised to unleash an evolutionary leap in drone warfare. The next phase is likely to be defined by fast strike drones and more advanced AI-enabled targeting, further compressing the kill chain and deepening battlefield automation. Across Eurasia, war is spreading, from Ukraine to the Gulf. 

Tyler Durden Mon, 03/30/2026 - 04:15

The Food Supply Chain Is Breaking... Again

Zero Hedge -

The Food Supply Chain Is Breaking... Again

Authored by John Rubino,

Spring has sprung, which means seeds that were planted in late winter are starting to germinate.

They’re hungry and will only grow to their full nutritional potential if they’re well fed.

But that, apparently, isn’t happening, as fertilizer supplies are interrupted by yet another pointless Middle East war.

The result?

Global food shortages that might dwarf the COVID-era Costco-hoarding mess of recent memory.

Here’s an overview:

Shanaka Anslem Perera @shanaka86

BREAKING: The nitrogen trap just closed. Three locks snapped shut simultaneously. The planting window is closing behind them. And the food the world eats next year is now being decided by molecules that cannot reach the soil in time.

  • Lock one: the Strait of Hormuz. The IRGC permissioned corridor allows oil tankers from friendly nations to pay $2 million in yuan and pass. It does not allow fertiliser vessels to pass at any price. Zero approved fertiliser transits in 24 days. The Gulf supplies 49 percent of the world’s exported urea and roughly 30 percent of traded ammonia. That supply is not delayed. It is denied. The gate opens for molecules that fund the gatekeeper. It stays closed for molecules that feed the planet.

  • Lock two: Russia. The world’s largest exporter of ammonium nitrate just halted all AN exports until after April 21. Three to four million tonnes per year, gone from global markets at the exact moment the Northern Hemisphere needs it most. The official reason is “domestic priority.” The strategic effect is leverage. Russia earns windfall revenue from the oil price spike its ally’s war created, then removes the fertiliser that farmers need to plant through the crisis. The disease and the cure, again, from the same address.

  • Lock three: China. Beijing has banned exports of nitrogen-potassium blends and phosphate fertilisers through August 2026. China is the world’s largest phosphate producer and a major nitrogen supplier. The ban removes the last alternative source that could have compensated for Hormuz and Russia. Three locks. Three countries. Three deliberate decisions timed to the same biological calendar.

The biological calendar does not negotiate. Corn requires nitrogen at the V6 to VT growth stage or kernel set is permanently reduced. Wheat requires it at tillering and jointing or grain fill collapses. Rice requires it at transplanting or yield drops 20 to 40 percent in low-input systems. These are not economic models. They are cellular processes. The plant either receives nitrogen during the window or it does not. If it does not, no subsequent application, no price increase, no policy reversal can recover what was lost. The damage is written into the biology of the seed.

The US Corn Belt window closes mid-April. European top-dressing is happening now. Indian Kharif preparation begins in May. Bangladeshi Boro rice transplanting is underway this week. Every one of these windows is closing while the three largest sources of nitrogen on Earth are simultaneously locked: Hormuz by military blockade, Russia by export decree, China by trade ban.

The USDA Prospective Plantings report arrives March 31. The FAO Food Price Index publishes April 3. These will quantify what the molecules already know: the nitrogen did not arrive. The yield loss is locked in. The 5 to 10 percent global drag will concentrate where the buffers are thinnest: subsistence farms in Bangladesh, Sub-Saharan Africa, South Asia, where a 20 percent shortfall does not mean lower profits. It means hunger.

Sri Lanka banned synthetic fertiliser in 2021. Rice yields collapsed 40 percent. The government fell. In 2008, fertiliser and oil spiked simultaneously and food riots erupted across 30 countries. In 2026, the strait blocks fertiliser while Russia and China withdraw the alternatives, and the planting windows close on a planet with nowhere else to turn.

The war is fought with missiles. The famine is fought with molecules. The molecules are trapped behind three locks on three continents, timed to the one calendar that cannot be paused, extended, or negotiated: the calendar written into the DNA of every seed in the soil.

Read a deeper dive here...

This is Why We Should Have Gardens…and Gold, Goats, and Guns

Even after the pandemic, many (most?) people in the developed world continue to view “food supply chain disruption” as a tin-foil-hat concern. They’re apparently wrong. Again.

And note that higher food prices are just the first-order effect of a fertilizer shortage. The second and third-order impacts are geopolitical and possibly military.

So let this latest “peak complexity” signal encourage you to keep prepping. Anticipate shortages, higher prices, even more chaotic politics, and take some of the steps we’ve been discussing here.

Tyler Durden Mon, 03/30/2026 - 03:30

US Senators Seek To Sanction Hungary Over Obstructing Ukraine Aid

Zero Hedge -

US Senators Seek To Sanction Hungary Over Obstructing Ukraine Aid

Because US Congress is perfectly functional, and all domestic issues have been resolved (one would very ironically think), the FT reports that a bipartisan pair of US senators are set to introduce legislation calling for sanctions to be imposed on senior Hungarian officials involved in obstructing aid to Ukraine.

If passed, the Block Putin act would require President Trump to impose financial sanctions and visa bans on Hungarian government officials involved in the country’s purchases of Russian oil and gas, and who have sought to block support for Ukraine.

The introduction of the bill comes as Hungary’s Prime Minister Viktor Orbán has held up a €90bn EU loan to Ukraine as he faces a tough re-election campaign ahead of parliamentary elections next month. Opinion polls indicated Orbán, who has served as prime minister since 2010, could lose power. The opposition Tisza party’s lead stood at 23% points on Wednesday, according to pollster Median. Pro-government polls show a slight lead for Orbán’s ruling Fidesz.

Orbán, historically aligned with Vladimir Putin, has accused Kyiv of disrupting the flow of Moscow’s oil to Hungary by stalling repairs to the Druzhba pipeline, which transits Ukraine. 

Democrat Jeanne Shaheen and Republican Thom Tillis, co-chairs of the Senate Nato observer group, are set to introduce the legislation this week. The pair have been outspoken about Europe’s continued dependence on Russian energy. 

Tillis said: “The United States and our allies must remain united in supporting Ukraine and in cutting off the revenue streams that fuel Putin’s war.”

“This bill holds senior Hungarian officials accountable while giving Hungary a clear path to get back in line with its allies by ending its reliance on Russian energy and stopping its obstruction of support for Ukraine,” he added.

Shaheen, the top Democrat on the Senate foreign relations committee, said: “It is beyond belief that vice-president Vance is reportedly planning on visiting Hungary to provide an electoral boost to a corrupt government that continues to help fund Russia’s war machine.”

“If we want this war in Ukraine to end, the Trump administration needs to be consistent in holding our allies to the same standards; no one, especially Viktor Orbán, should get a free pass,” she said.

While much of the continent has sought to wean itself off Russian oil and gas supplies since Moscow’s full-scale invasion of Ukraine in 2022, Hungary and Slovakia have increased their dependence on Russian energy... and lucky for them, as now the "rest of the continent" is about to go dry as a result of the Iran war.

Complicating matters, Trump is very close to Orbán and has endorsed his re-election bid. Politico on Wednesday reported preparations were being made for US vice-president JD Vance to visit Hungary days ahead of the elections. 

Trump has criticized Europe for continuing to buy Russian energy and has urged the continent to take the lead in supporting Ukraine.

“They’re buying oil and gas from Russia while they’re fighting Russia,” Trump said in his address to the UN General Assembly in September. 

The draft text of the bill, which has been seen by the FT, does not mention Orbán explicitly as a target of the sanctions. Therefore, it would fall to the Trump administration to determine which Hungarian officials have been involved in holding up aid to Ukraine and continuing the country’s dependency on Russian energy, a congressional aide said.

Orbán and his foreign minister Péter Szijjártó have long sought close ties with Russia, with Szijjártó meeting his Russian counterpart Sergei Lavrov more than 20 times since the start of the war in 2022. The ruling Fidesz party has made anti-Ukraine messages the central element of its election campaign and insisted on maintaining Russian oil imports.

“If President [Volodymyr] Zelenskyy wants to get his money from Brussels, he must open the Druzhba crude pipeline,” Orbán said in a video message to the Ukrainian president last week. “They tell us openly that they don’t want to allow cheap Russian oil through to Hungary, so the situation is very simple. No oil — no money.”

Tyler Durden Mon, 03/30/2026 - 02:45

'The Era Of Deportations Has Begun!' - European Parliament Backs Remigration Efforts In Major Victory For The European Right

Zero Hedge -

'The Era Of Deportations Has Begun!' - European Parliament Backs Remigration Efforts In Major Victory For The European Right

Authored by Thomas Brooke via Remix News,

The European Parliament has taken a major step toward a far tougher migration regime, approving a new negotiating mandate for legislation designed to speed up the deportation of illegal migrants and tighten enforcement across the bloc.

In a vote on Thursday, MEPs backed the so-called Returns Regulation by 389 votes to 206, with 32 abstentions, clearing the way for talks with the European Council on a new legal framework governing the removal of illegal migrants who have no right to remain in the European Union.

The result was driven by support from a broad right-wing and center-right coalition, including the European People’s Party (EPP), the European Conservatives and Reformists (ECR), Europe of Sovereign Nations (ESN), and Patriots for Europe (PfE), illustrating how the balance of power on migration has shifted in Brussels.

The proposal is intended to overhaul the EU’s weak returns system, long criticized for allowing rejected asylum seekers and other illegal migrants to remain in Europe for years. When the regulation was initiated by the European Commission last year, Migration Commissioner Magnus Brunner summed up the scale of the failure when he said, “One out of five people who are told to leave the EU, actually leave the EU, and that is not acceptable.”

The new framework would introduce stricter return procedures, longer detention in some cases, wider entry bans, and penalties for those who refuse to cooperate with their own deportation. It would also open the door to so-called return hubs outside the EU, an idea that was fiercely attacked by Brussels only a few years ago when Britain pursued a Rwanda plan, and Italy signed its Albania agreement.

Conservatives hailed the vote as a breakthrough. Charlie Weimers, vice chair of the ECR, called it a landmark moment for his party and for tougher border enforcement in Europe. “New, stricter return rules are the Sweden Democrats’ biggest negotiating success ever in the EU. It will soon be possible to send home those who are not supposed to be in Europe, and return hubs outside the EU will be made possible. The era of deportations has begun!”

EPP chairman Manfred Weber also stated, “Today we are clearly demonstrating that European solutions to take on illegal migration are possible. European citizens expect decisive action, and we are delivering. Anyone who does not have a right to remain in the EU must leave.”

French nationalist MEP Marion Maréchal presented the vote as a turning point for the right. “It was a historic step for the coalition of the right in committee, and it is now a victory in the plenary session of the European Parliament: the ‘return regulation’ for greater firmness toward undocumented migrants has been voted through by the MEPs. After adoption in trilogue, it will be up to the French government to take action!”

In a press release, Patriots for Europe declared that “European voters have long demanded a fundamental shift in migration policy” and that “a first decisive step has been taken.” The group argued that the old Brussels approach had failed completely and said the new agreement would help restore control to national governments. “Crucially, this new agreement shifts the paradigm towards minimum harmonization,” it said. “Instead of imposing a rigid, one-size-fits-all dictate from Brussels, this framework returns control to the national capitals.”

Patriots for Europe also highlighted several measures it says will make the system far more effective, including “severe consequences for non-cooperation,” stricter detention rules, and an end to what it described as abuse of the appeals process to delay removals indefinitely. The group said the maximum detention period had been extended to 24 months and that migrants deemed security risks could now be placed in enhanced-security facilities or prisons.

Left-wing organizations reacted with alarm, accusing the EPP of joining forces with nationalist parties and abandoning the old parliamentary cordon sanitaire. The European Council on Refugees and Exiles (ECRE) said the decision would “normalize measures that stigmatize migrants” and weaken rights protections, while Amnesty International condemned what it called an “increasingly harmful and draconian direction” in EU migration policy.

This backlash, however, confirms how dramatically the debate has changed. Policies, such as remigration, once denounced as extreme, are now moving into the mainstream of EU law, and the focus in Brussels is no longer on managing migration flows, but on removing those who are not entitled to stay.

Read more here...

Tyler Durden Mon, 03/30/2026 - 02:00

Peter Schiff: Printing Money Is Not the Cure for Cononavirus

Financial Armageddon -


Peter Schiff: Printing Money Is Not the Cure for Cononavirus



In his most recent podcast, Peter Schiff talked about coronavirus and the impact that it is having on the markets. Earlier this month, Peter said he thought the virus was just an excuse for stock market woes. At the time he believed the market was poised to fall anyway. But as it turns out, coronavirus has actually helped the US stock market because it has led central banks to pump even more liquidity into the world financial system. All this means more liquidity — central banks easing. In fact, that is exactly what has already happened, except the new easing is taking place, for now, outside the United States, particularly in China.” Although the new money is primarily being created in China, it is flowing into dollars — the dollar index is up — and into US stocks. Last week, US stock markets once again made all-time record highs. In fact, I think but for the coronavirus, the US stock market would still be selling off. But because of the central bank stimulus that has been the result of fears over the coronavirus, that actually benefitted not only the US dollar, but the US stock market.” In the midst of all this, Peter raises a really good question. The primary economic concern is that coronavirus will slow down output and ultimately stunt economic growth. Practically speaking, the world would produce less stuff. If the virus continues to spread, there would be fewer goods and services produced in a market that is hunkered down. Why would the Federal Reserve respond, or why would any central bank respond to that by printing money? How does printing more money solve that problem? It doesn’t. In fact, it actually exacerbates it. But you know, everybody looks at central bankers as if they’ve got the solution to every problem. They don’t. They don’t have the magic wand. They just have a printing press. And all that creates is inflation.” Sometimes the illusion inflation creates can look like a magic wand. Printing money can paper over problems. But none of this is going to fundamentally fix the economy. In fact, if central bankers were really going to do the right thing, the appropriate response would be to drain liquidity from the markets, not supply even more.” Peter explained how the Fed was originally intended to create an “elastic” money supply that would expand or contract along with economic output. Today, the money supply only goes in one direction — that’s up. The economy is strong, print money. The economy is weak, print even more money.” Of course, the asset that’s doing the best right now is gold. The yellow metal pushed above $1,600 yesterday. Gold is up 5.5% on the year in dollar terms and has set record highs in other currencies. Because gold is rising even in an environment where the dollar is strengthening against other fiat currencies, that shows you that there is an underlying weakness in the dollar that is right now not being reflected in the Forex markets, but is being reflected in the gold markets. Because after all, why are people buying gold more aggressively than they’re buying dollars or more aggressively than they’re buying US Treasuries? Because they know that things are not as good for the dollar or the US economy as everybody likes to believe. So, more people are seeking out refuge in a better safe-haven and that is gold.” Peter also talked about the debate between Trump and Obama over who gets credit for the booming economy – which of course, is not booming.






Dump the Dollar before Bank Runs start in America -- Economic Collapse 2020

Financial Armageddon -












We are living in crazy times. I have a hard time believing that most of the general public is not awake, but in reality, they are. We've never seen anything like this; I mean not even under Obama during the worst part of the Great Recession." Now the Fed is desperately trying to keep interest rates from rising. The problem is that it's a much bigger debt bubble this time around , and the Fed is going to have to blow a lot more air into it to keep it inflated. The difference is this time it's not going to work." It looks like the Fed did another $104.15 billion of Not Q.E. in a single day. The Fed claims it's only temporary. But that is precisely what Bernanke claimed when the Fed started QE1. Milton Freedman once said, "Nothing is so permanent as a temporary government program." The same applies to Q.E., or whatever the Fed wants to pretend it's doing. Except this is not QE4, according to Powell. Right. Pumping so much money out, and they are accusing China of currency manipulation ? Wow! Seriously! Amazing! Dump the U.S. dollar while you still have a chance. Welcome to The Atlantis Report. And it is even worse than that, In addition to the $104.15 billion of "Not Q.E." this past Thursday; the FED added another $56.65 billion in liquidity to financial markets the next day on Friday. That's $160.8 billion in two days!!!! in just 48 hours. That is more than 2 TIMES the highest amount the FED has ever injected on a monthly basis under a Q.E. program (which was $80 billion per month) Since this isn't QE....it will be really scary on what they are going to call Q.E. Will it twice, three times, four times, five times what this injection per month ! It is going to be explosive since it takes about 60 to 90 days for prices to react to this, January should see significant inflation as prices soak up the excess liquidity. The question is, where will the inflation occur first . The spike in the repo rate might have a technical explanation: a misjudgment was made in the Fed's money market operations. Even so, two conclusions can be drawn: managing the money markets is becoming harder, and from now on, banks will be studying each other's creditworthiness to a greater degree than before. Those people, who struggle with the minutiae of money markets, and that includes most professionals, should focus on the causes and not the symptoms. Financial markets have recovered from each downturn since 1980 because interest rates have been cut to new lows. Post-2008, they were cut to near zero or below zero in all major economies. In response to a new financial crisis, they cannot go any lower. Central banks will look for new ways to replicate or broaden Q.E. (At some point, governments will simply see repression as an easier option). Then there is the problem of 'risk-free' assets becoming risky assets. Financial markets assume that the probability of major governments such as the U.S. or U.K. defaulting is zero. These governments are entering the next downturn with debt roughly twice the levels proportionate to GDP that was seen in 2008. The belief that the policy worked was completely predicated on the fact that it was temporary and that it was reversible, that the Fed was going to be able to normalize interest rates and shrink its balance sheet back down to pre-crisis levels. Well, when the balance sheet is five-trillion, six-trillion, seven-trillion when we're back at zero, when we're back in a recession, nobody is going to believe it is temporary. Nobody is going to believe that the Fed has this under control, that they can reverse this policy. And the dollar is going to crash. And when the dollar crashes, it's going to take the bond market with it, and we're going to have stagflation. We're going to have a deep recession with rising interest rates, and this whole thing is going to come imploding down. everything is temporary with the fed including remaining off the gold standard temporary in the Fed's eyes could mean at least 50 years This liquidity problem is a signal that trading desks are loaded up on inventory and can't get rid of it. Repo is done out of a need for cash. If you own all of your securities (i.e., a long-only, no leverage mutual fund) you have no need to "repo" your securities - you're earning interest every night so why would you want to 'repo' your securities where you are paying interest for that overnight loan (securities lending is another animal). So, it is those that 'lever-up' and need the cash for settlement purposes on securities they've bought with borrowed money that needs to utilize the repo desk. With this in mind, as we continue to see this need to obtain cash (again, needed to settle other securities purchases), it shows these firms don't have the capital to add more inventory to, what appears to be, a bloated inventory. Now comes the fun part: the Treasury is about to auction 3's, 10's, and 30-year bonds. If I am correct (again, I could be wrong), the Fed realizes securities firms don't have the shelf space to take down a good portion of these auctions. If there isn't enough retail/institutional demand, it will lead to not only a crappy sale but major concerns to the street that there is now no backstop, at all, to any sell-off. At which point, everyone will want to be the first one through the door and sell immediately, but to whom? If there isn't enough liquidity in the repo market to finance their positions, the firms would be unable to increase their inventory. We all saw repo shut down on the 2008 crisis. Wall St runs on money. . OVERNIGHT money. They lever up to inventory securities for trading. If they can't get overnight money, they can't purchase securities. And if they can't unload what they have, it means the buy-side isn't taking on more either. Accounts settle overnight. This includes things like payrolls and bill pay settlements. If a bank doesn't have enough cash to payout what its customers need to pay out, it borrows. At least one and probably more than one banks are insolvent. That's what's going on. First, it can't be one or two banks that are short. They'd simply call around until they found someone to lend. But they did that, and even at markedly elevated rates, still, NO ONE would lend them the money. That tells me that it's not a problem of a couple of borrowers, it's a problem of no lenders. And that means that there's no bank in the world left with any real liquidity. They are ALL maxed out. But as bad as that is, and that alone could be catastrophic, what it really signals is even worse. The lending rates are just the flip side of the coin of the value of the assets lent against. If the rates go up, the value goes down. And with rates spiking to 10%, how far does the value fall? Enormously! And if banks had to actually mark down the value of the assets to reflect 10% interest rates, then my god, every bank in the world is insolvent overnight. Everyone's capital ratios are in the toilet, and they'd have to liquidate. We're talking about the simultaneous insolvency of every bank on the planet. Bank runs. No money in ATMs, Branches closed. Safe deposit boxes confiscated. The whole nine yards, It's actually here. The scenario has tended to guide toward for years and years is actually happening RIGHT NOW! And people are still trying to say it's under control. Every bank in the world is currently insolvent. The only thing keeping it going is printing billions of dollars every day. Financial Armageddon isn't some far off future risk. It's here. Prepare accordingly. This fiat system has reached the end of the line, and it's not correct that fiat currencies fail by design. The problem is corruption and manipulation. It is corruption and cheating that erodes trust and faith until the entire system becomes a gigantic fraud. Banks and governments everywhere ARE the problem and simply have to be removed. They have lost all trust and respect, and all they have left is war and mayhem. As long as we continue to have a majority of braindead asleep imbeciles following orders from these psychopaths, nothing will change. Fiat currency is not just thievery. Fiat currency is SLAVERY. Ultimately the most harmful effect of using debt of undefined value as money (i.e., fiat currencies) is the de facto legalization of a caste system based on voluntary slavery. The bankers have a charter, or the legal *right*, to create money out of nothing. You, you don't. Therefore you and the bankers do not have the same standing before the law. The law of the land says that you will go to jail if you do the same thing (creating money out of thin air) that the banker does in full legality. You and the banker are not equal before the law. ALL the countries of the world; Islamic or secular, Jewish or Arab, democracy or dictatorship; all of them place the bankers ABOVE you. And all of you accept that only whining about fiat money going down in exchange value over time (price inflation which is not the same as monetary inflation). Actually, price inflation itself is mainly due to the greed and stupidity of the bankers who could keep fiat money's exchange value reasonably stable, only if they wanted to. Witness the crash of silver and gold prices which the bankers of the world; Russian, American, Chinese, Jewish, Indian, Arab, all of them collaborated to engineer through the suppression and stagnation of precious metals' prices to levels around the metals' production costs, or what it costs to dig gold and silver out of the ground. The bankers of the world could also collaborate to keep nominal prices steady (as they do in the case of the suppression of precious metals prices). After all, the ability to create fiat money and force its usage is a far more excellent source of power and wealth than that which is afforded simply by stealing it through inflation. The bankers' greed and stupidity blind them to this fact. They want it all, and they want it now. In conclusion, The bankers can create money out of nothing and buy your goods and services with this worthless fiat money, effectively for free. You, you can't. You, you have to lead miserable existences for the most of you and WORK in order to obtain that effectively nonexistent, worthless credit money (whose purchasing/exchange value is not even DEFINED thus rendering all contracts based on the null and void!) that the banker effortlessly creates out of thin air with a few strokes of the computer keyboard, and which he doesn't even bother to print on paper anymore, electing to keep it in its pure quantum uncertain form instead, as electrons whizzing about inside computer chips which will become mute and turn silent refusing to tell you how many fiat dollars or euros there are in which account, in the absence of electricity. No electricity, no fiat, nor crypto money. It would appear that trust is deteriorating as it did when Lehman blew up . Something really big happened that set off this chain reaction in the repo markets. Whatever that something is, we aren't be informed. They're trying to cover it up, paper it over with conjured cash injections, play it cool in front of the cameras while sweating profusely under the 5 thousands dollar suits. I'm guessing that the final high-speed plunge into global economic collapse has begun. All we see here is the ripples and whitewater churning the surface, but beneath the surface, there is an enormous beast thrashing desperately in its death throws. Now is probably the time to start tying up loose ends with the long-running prep projects, just saying. In other words, prepare accordingly, and Get your money out of the banks. I don't care if you don't believe me about Bitcoin. Get your money out of the banks. Don't keep any more money in a bank than you need to pay your bills and can afford to lose.











The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more













The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Hillary Clinton's Top Secret Files Revealed Here

Financial Armageddon -

The FBI released a summary of its file from the Hillary Clinton email investigation on Friday, showing details of Clinton's explanation of her use of a private email server to handle classified communications. The release comes nearly two months after FBI Director James Comey announced that although Clinton's handling of classified information was "extremely careless," it did not rise to the level of a prosecutable offense. Attorney General Loretta Lynch announced the next day that she would not pursue charges in the matter. "We are making these materials available to the public in the interest of transparency and in response to numerous Freedom of Information Act (FOIA) requests," the FBI noted in a statement sent to reporters with links to the documents. The documents include notes from Clinton's July 2 interview with agents, as well as a "factual summary of the FBI's investigation into this matter," according to the FBI release. Throughout her interview with agents, Clinton repeatedly said she relied on the career professionals she worked with to handle classified information correctly. The agents asked about a series of specific emails, and in each case Clinton said she wasn't worried about the particular material being discussed on a nonclassified channel.





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