Helicopter Money: Global Central Banks Consider Distributing Money Directly To The People
Should central banks create money out of thin air and give it directly to governments and average citizens? If you can believe it, this is now under serious consideration. Since 2008, global central banks have cut interest rates 637 times, they have injected 12.3 trillion dollars into the global financial system through various quantitative easing programs, and we have seen an explosion of government debt unlike anything we have ever witnessed before. But despite these unprecedented measures, the global economy is still deeply struggling. This is particularly true in Japan, in South America, and in Europe. In fact, there are 16 countries in Europe that are experiencing deflation right now. In a desperate attempt to spur economic activity, central banks in Europe and in Japan are playing around with negative interest rates, and so far they seem to only have had a limited effect.
So as they rapidly run out of ammunition, global central bankers are now openly discussing something that might sound kind of crazy. According to the Telegraph, central banks are becoming increasingly open to employing a tactic known as “helicopter money”…
21 New Numbers That Show That The Global Economy Is Absolutely Imploding
After
a series of stunning declines through the month of January and the
first half of February, global financial markets seem to have found a
patch of relative stability at least for the moment. But that does not
mean that the crisis is over. On the contrary, all of the hard economic
numbers that are coming in from around the world tell us that the
global economy is coming apart at the seams. This is especially true
when you look at global trade numbers. The amount of stuff that is
being bought, sold and shipped around the planet is falling
precipitously. So don’t be fooled if stocks go up one day or down the
next. The truth is that we are in the early chapters of a brand new
economic meltdown, and I believe that all of the signs indicate that it
will continue to get worse in the months ahead. The following are 21
new numbers that show that the global economy is absolutely imploding…
Do Not Despise Small Beginnings – An Incredible True Story That You May Find Hard To Believe
It
has been said that a journey of a thousand miles begins with a single
step. Well, I would like to share a little bit of my journey with you,
and hopefully this will inspire someone out there. We live in a day and
age when you don’t have to be a celebrity to make a difference. I know
this is true because ten years ago I was about as anonymous as you
could possibly get. I was newly married and working as a lawyer in the
heart of Washington D.C. not too far from the White House. That may
sound glamorous to you, but it definitely was not. Approximately one
out of every 12 residents of D.C. is a lawyer according to some
estimates, and so they are a dime a dozen. And my work was about as
meaningless as you could get. If there was a lawyer version of a toilet
scrubber, that would have been me. Nobody knew who I was, and nobody
cared who I was. I was having no real measurable impact on the world
around me, but I wanted to. I just didn’t know how.
Donald Trump Is Right – Here Are 100 Reasons Why We Need To Audit The Federal Reserve
When one of our major politicians gets something exactly right, we should applaud them for it. In this case, Donald Trump’s call to audit the Federal Reserve is dead on correct. Most Americans don’t realize this, but the Federal Reserve has far more power over the economy than anyone else does – including Barack Obama. Financial markets all over the planet gyrate wildly at the smallest comment from Fed officials, and virtually every boom and bust cycle over the past 100 years can be traced directly back to specific decisions made by the Federal Reserve. We get all excited about what various presidential candidates say that they “will do for the economy”, but in the end it is the Fed that is holding all of the cards. The funny thing is that the Federal Reserve is not even part of the federal government. It is an independent private central bank that was designed by very powerful Wall Street interests a little over 100 years ago. It is at the heart of the debt-based financial system which is eating away at America like cancer, and it has no direct accountability to the American people whatsoever.
Economic Recovery? 13 Of The Biggest Retailers In America Are Closing Down Stores
Barack Obama recently stated that anyone that is claiming that America’s economy is in decline is “peddling fiction“. Well, if the economy is in such great shape, why are major retailers shutting down hundreds of stores all over the country? Last month, I wrote about the “retail apocalypse” that is sweeping the nation, but since then it has gotten even worse. Closing stores has become the “hot new trend” in the retail world, and “space available” signs are going up in mall windows all over the United States. Barack Obama can continue huffing and puffing about how well the middle class is doing all he wants, but the truth is that the cold, hard numbers that retailers are reporting tell an entirely different story.
Earlier today, Sears Chairman Eddie Lampert released a letter to shareholders that was filled with all kinds of bad news. In this letter, he blamed the horrible results that Sears has been experiencing lately on “tectonic shifts” in consumer spending…
Cities Of Refuge: Why Are People Creating Hundreds Of Places Of Refuge All Over America?
Cities Of Refuge: Why Are People Creating Hundreds Of Places Of Refuge All Over America?
All over the United States, cities of refuge are being created. Now when I say “cities”, I don’t mean vast areas of land that can hold hundreds of thousands or millions of people. Rather, I am talking about much smaller places of refuge that can accommodate dozens or hundreds of people. In a few cases, I know of places of refuge that will be able to take in thousands of people, but that is about as big as they get. There are individuals all across America that have specifically felt called to build communities where large numbers of people will be able to gather when society totally collapses. So why is this happening? Why do so many people feel such an urgency to create cities of refuge that would presumably never be used if we don’t ever see full-blown societal breakdown?
Painful To Watch: This Is The Weakest U.S. Economic ‘Recovery’ Since 1949
By Michael Snyder
Most of us have never witnessed an economic “recovery” this bad. As you will see below, the average rate of economic growth since the last recession has been the lowest for any “recovery” in at least 67 years. And unfortunately, the economy appears to be slowing down even more here in 2016. On Friday, I talked about how the U.S. economy grew at a painfully slow rate of just 1.2 percent in the second quarter after only growing 0.8 percent during the first quarter. And last week we also learned that the homeownership rate in the United States has dropped to the lowest level ever. This is not what a recovery looks like. Instead, it very much appears that a new economic downturn has already begun.
But don’t just take my word for how painful this economic “recovery” has been. The following comes from a Wall Street Journal article that was just posted entitled “Seven Years Later, Recovery Remains the Weakest of the Post-World War II Era“…
The Economic Collapse In Venezuela Is So Bad That People Are Slaughtering And Eating Zoo Animals
By Michael Snyder, 
If you were hungry enough, would you kill and eat zoo animals? To most of us such a notion sounds absolutely insane, but this is actually happening in Venezuela right now. This is a country where people are standing in lines for up to 12 hours hoping that there will be food to buy that day, and where rioting and looting have become commonplace. So even though the U.S. economy is in dreadful shape at this moment, we should be thankful for what we have, because at least we are not experiencing a full-blown economic collapse yet like Venezuela currently is.
Black stallions can be some of the most beautiful horses on the entire planet, but things are so desperate down in Venezuela this summer that everything looks like food to some people at this point. What happened at the Caricuao Zoo on Sunday is so horrible that I actually debated whether or not to share it with you. Desperate people do desperate things, and when people get hungry enough they will do things such as this…
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