– The War Economy (aka “WAR ON TERROR“) –
With the institutional deployment of extraordinary emergency measures (bank bailouts, zero and near zero interest rates, “quantitative easing”, market manipulations, capital controls, and monetary reforms) this is the result!
The “War On Terror” added $2 trillion to the debt as of the FY 2018 budget.
“It will not end until every terrorist group of global reach has been found, stopped, and defeated.” (Source: “Bush Addresses Nation,” Washington Post, September 20, 2001.)”
…There are several components of the money supply,: M1, M2, and MZM (M3 is no longer tracked by the Federal Reserve); these components are arranged on a spectrum of narrowest to broadest. Consider M1, the narrowest component. M1 is the money supply of currency in circulation (notes and coins, traveler’s checks [non-bank issuers], demand deposits, and checkable deposits). A decreasing velocity of M1 might indicate fewer short- term consumption transactions are taking place. We can think of shorter- term transactions as consumption we might make on an everyday basis.
The broader M2 component includes M1 in addition to saving deposits, certificates of deposit (less than $100,000), and money market deposits for individuals. Comparing the velocities of M1 and M2 provides some insight into how quickly the economy is spending and how quickly it is saving.
MZM (money with zero maturity) is the broadest component and consists of the supply of financial assets redeemable at par on demand: notes and coins in circulation, traveler’s checks (non-bank issuers), demand deposits, other checkable deposits, savings deposits, and all money market funds. The velocity of MZM helps determine how often financial assets are switching hands within the economy. –Federal Reserve Bank of St. Louis
War on Terror Costs Summary Table (in billions)
FY | WoT OCO | DoD Budget Increase | VA Budget Increase | Total WoT | Boots on Ground* |
---|---|---|---|---|---|
2001 | $22.9 | $6.5 | $1.5 | $31.0 | 9,700 |
2002 | $16.9 | $40.8 | $1.5 | $59.1 | 9,700 |
2003 | $72.5 | $36.7 | $2.6 | $111.9 | 136,800 |
2004 | $90.8 | $11.6 | $2.6 | $105.0 | 169,900 |
2005 | $75.6 | $23.6 | $3.1 | $102.3 | 175,803 |
2006 | $115.8 | $10.5 | $0.7 | $127.0 | 154,220 |
2007 | $166.3 | $20.9 | $5.3 | $192.5 | 186,563 |
2008 | $186.9 | $47.5 | $1.2 | $235.6 | 181,000 |
2009 | $153.1 | $34.2 | $9.8 | $197.1 | 183,300 |
2010 | $162.4 | $14.7 | $3.9 | $181.0 | 144,205 |
2011 | $158.8 | $0.3 | $3.3 | $162.4 | 105,555 |
2012 | $115.1 | $2.2 | $2.3 | $119.6 | 65,800 |
2013 | $82.0 | -$34.9 | $2.6 | $49.6 | 43,300 |
2014 | $85.2 | $0.8 | $2.0 | $88.0 | 32,500 |
2015 | $64.2 | $1.0 | $1.8 | $67.0 | 12,650 |
2016 | $58.6 | $24.3 | $6.5 | $89.5 | 12,457 |
2017 | $70.1 | $24.9 | $2.9 | $97.9 | n.a. |
2018 | $64.6 | $27.4 | $4.4 | $96.4 | n.a. |
TOTAL | $193.5 | $265.7 | $53.6 | $2,016.5 |
* Boots on Ground is the number of troops in Iraq and Afghanistan. From 2001 – 2013, it’s as of December of that year. For 2014, it’s as of May. From “The Cost of Iraq, Afghanistan, and Other Global War on Terror Operations Since 9/11,” Table A-1, Amy Belasco, Congressional Research Service, March 29, 2014. For 2015, it’s from the fourth quarter. For 2016, it’s from the second quarter. From “Department of Defense Contractor and Troop Levels in Iraq and Afghanistan: 2007-2016,” Table 3, Heidi M. Peters, Congressional Research Service, August 15, 2016.
“That $2 trillion spent on the War on Terror created 17 million jobs. But if it had gone toward education instead, it would have created almost 36 million jobs.” –thebalance.com
REMEMBER: This Is Not An Accident, It Is Policy.
There is increasing chatter in mainstream media about banking, market, economic, government, and social troubles.
While many of us truth seekers have been blogging about this for years, executives and career professionals have now begun to repeat it over mass media platforms, reaching millions worldwide.
Mass deception is being revealed to all who will not ignore it.
This may indicate how near the impending crisis is… ~Ron
Mass Media Says:
How we imported the war on terror – The Boston Globe
The global war on terror created an obsession with threats and fear — an obsession that has become so routine and institutionalized that it is …
Trump’s Top Generals Ask Congress to Join the War on Terror …
As the military takes on more extremist groups, legal authorization grows more important.
The ‘crash protection’ index is sending a warning flare for the market …
The chart of an obscure index is making its way around Wall Street. Could it suggest that traders are getting worried about a crash?
Oil price slump signals FTSE 100 and Dow Jones stock market …
A DRAMATIC fall in oil prices has sent waves of fear through markets amid warning signals a large stock crash is looming.
Six warning signs stock markets could be heading … – Daily Express
FEARS of a severe stock market crash are growing as a number of warning signs flash red, suggesting a huge sell-off could be looming after months of record …
Bond investors send warning for record high equity market
While equity market euphoria at the prospect of President Donald Trump’s spendthrift, deregulatory agenda remains undimmed, bond investors are sending a …
Another warning sign is popping up in the stock market
The latest is coming from the bond market. As the stock market heats up, so too are the expectations that the Fed will hike rates. World Interest Rate Probability …
PENSION: Tens of THOUSANDS of people retiring with NO savings …
PENSION WARNING: Tens of THOUSANDS of people retiring this year have NO savings. TENS of thousands of people who are planning to give up work this …
FCA extends pension warning on lifetime ISA sales – Citywire
The Financial Conduct Authority (FCA) is extending its risk warnings on the lifetime ISA to include information about losing employer contributions on personal …
German pensions crisis is warning to rest of the world – Independent.ie
German pensions crisis is warning to rest of the world. Social Protection Minister Leo Varadkar has a lot of work to do in relation to pension schemes.
In Puerto Rico, Teachers’ Pension Fund Works Like a Ponzi Scheme …
The teachers’ pension fund in Puerto Rico looks very much like a legalized Ponzi scheme — one that might hold a warning for teachers across America.
What Is The American Apocalypse?
Miami, Florida is experiencing a housing/Condo turmoil:
http://wolfstreet.com/2017/03/26/miami-dade-flippers-condo-glut-end-of-bubble/
…
Many have decided that they want to get away from the major population centers before we find out the answer to that question.
For example, not too long ago the Chicago Tribune ran a story about why so many preppers are moving to the Great Northwest.
Less than a week ago, Fake News CNN ran an article entitled “Billionaire bunkers: How the 1% are preparing for the apocalypse“…
Trump dons ‘full-metal-jacket’ in embrace of war economy — RT Op …
In other words, Trump is ramping up America as a war economy, an economy that will serve foreign wars and a class war at home. The very people who formed …
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1988 Cover of the ECONOMIST Magazine.
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Scripting The Geopolitical Shift From West To East With War Calls
___________________________________
U.S. Government Shutdown Looms… Again
If you thought that the Obamacare debacle was bad, just wait until you see what happens next.
The continuing resolution that is currently funding the government expires on April 28th, and if a new funding agreement is not reached prior to that time, there will be a government shutdown like we witnessed in 2013 starting on April 29th, 2017.
Amazingly, there are only 12 “legislative days” between now and April 28th, and if something is not done on one of those 12 days the government will shut down on April 29th.
* A government shutdown would greatly rattle the financial markets.
* Political reporter Mike Allen says that a “top Republican” told him that a government shutdown on April 29th is “more likely than not”…
Banks Are Crashing… Again
Source: zerohedge.com Mar 27, 2017 9:41 AM
Party’s over…
With the yield curve flatter than before Trump’s election, and rates collapsing, reform was the last best hope for bank bulls…
[4]
And after Friday’s debacle, it appears investors have lost patience…
[5]
Banks are now red YTD…
[6]
Think banks are oversold? Maybe not…
[7]
Over-Confident NATO Generals & Russian Retaliation
Source: zerohedge.com Mar 27, 2017 7:20 PM
Recently, US Lieutenant General Ben Hodges ordered over 60 US tanks to fire their guns in Poland. He later announced,
The general has reason to be confident. It can be said with relative certainty that, if the US sends scores of tanks halfway around the world to a country that borders Russia, then begins firing the guns, the Russians will indeed interpret that as a warning that their sovereignty is no longer respected by the US.
Of course, they already have ample reason for concern, as, in recent years, the US tradition of détente has been dropped in favour of continual blackguarding of both Russia in general and its leader in particular. Every prominent television news programme in the US has kept up a steady stream of invective against Russia, often reporting stories that oppose what most of the world recognises as the truth.
As to the generals, history is full of stories of military leaders who have demonstrated overconfidence and even eagerness to attack other sovereign nations. Do they seek to fight a great war in order to leave behind a legacy of their own personal greatness, or are they simply delusional—imagining their opponents to be imminently defeatable and their own army to be undefeatable?
It matters little either way. The attitude has existed for thousands of years and countless military and political leaders have made the exact same mistake in every era.
Interestingly, one consistent trait that we can observe is the blind confidence that accompanies the bluster and bravado. Leaders have a tendency to picture the glory of the destruction that they desire and rarely, if ever, anticipate a devastating pushback from their opposite number.
This of course results in a very dangerous course of events – charging ahead without taking proper measure of what the opponent might do.
Virtually every war in recent history has taken far longer to undertake than was originally expected. With few exceptions, wars that were intended to take a few months at best have dragged on for years. In many, there was no truly positive outcome—a cessation of aggression rather than a clear “victory” for one side or the other.
But, in the bargain, countries (even empires) have had their populations decimated and their economies destroyed as a result of the dramatic drain in wealth that’s a by-product of warfare.
All the more vexing then, that grown-up schoolyard bullies that make careless threats against other countries often succeed in setting off the spark that leads to war.
At one time, these self-possessed blusterers often needed to carry the public willingness to fight under their own steam. Today, however, they have the extensive support of the media. Every major television news programme can be counted on to offer supportive commentary by retired generals, who often are employed by the military-industrial complex. Further, the news anchors themselves add to the rhetoric like trained chimpanzees, hooting in support.
It all makes for exciting theatre, but, ultimately, it’s always the people of the nation that pay the price.
The next time a general effectively claims that Iran or Russia couldn’t hit an elephant, his bluster may, as has occurred so many times in history, prove to be the flash point for the next major war.
* * *
There’s a good chance the U.S. could back its way into a major war soon.
But war or no war, New York Times best-selling author Doug Casey and his team think the US is on the brink of a major crisis. That’s why they are sharing this time-sensitive video [6]. It’s packed with critical information on the looming economic meltdown. Click here to start watching now [6].
Title: REALIST NEWS – Auto Industry DONE – Healthcare DONE – REAL ESTATE DONE Video posted 28 Mar 2017 by jsnip4
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Title: The Chaos Continues As Banks Begin To Crash – Episode 1239a
Video posted 27 Mar 2017 by X22Report
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Economic Warnings:
Grasp the bankers’ monetary tricks as the system fails.
Title: Gold Prices Up – Insiders Selling Stocks – Economic News
Video posted 29 Mar 2017 by ITM Trading
Title: Britain’s EU Exit Brexit – Currency De-pegging
Video posted 29 Mar 2017 by ITM Trading
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