Economics and Investing:

The Fed’s Illusion of Prosperity is Breaking Down o o o Oddly enough, Obama’s bungling and greed over collecting tax dollars may be what finally collapses the dollar as the world reserve currency. This law basically tells foreign banks that if they have U.S. customers or transactions in U.S. dollars, they must share all information with the IRS or completely divest themselves of U.S. dollars. Secret Tax Could Collapse Dollar – B.B. o o o 16 Reasons Why We Are Collapsing As A Nation – D.B. o o o Items from Mr Econocobas: Gold Jumps Most in Nine Months as …




Letter Re: Becoming the Bank in TEOTWAWKI

Hugh, I am writing concerning the post on “Becoming the Bank in TEOTWAWKI” by J.M. I have followed Survivalblog for the past five years and have worked hard to build a large supply of beans, bullets, and bandages, along with a supply of silver, gold, and cash. The posts over the past five years have been very informative, along with the advice from JWR & HJL. We have read that we need to have enough to be able to share as a testament of our Christian walk, and I hope to be able to do exactly that. We have read …







Economics and Investing:

Inflation? Only If You Look At Food, Water, Gas, Electricity And Everything Else – B.B. o o o U.S Department of Homeland Security has told banks – in writing – It may inspect safe deposit boxes without warrant and seize any gold, silver, guns or other valuables it finds inside those boxes! – SDS o o o Items from Mr Econocobas: Argentina: Won’t Submit to ‘Extortion’ on Debt Fed Says Economy “Rebounding” as It Trims Bond Purchases Fed Officials Raise Forecasts of Target Rates for Next 2 Years, Lower Long-Term Forecast on Slowing Growth




Economics and Investing:

An Austrian bank just collapsed! Hypo Alpe Insolvency Is Uncontrollable, Austrian Regulator Says! – A.D. o o o The Austerity Diaries: How Saving Money Is Better Than Earning It – H.L. o o o Items from Mr. Econocobas: Fed Looks At Exit Fees On Bond Funds Price Index for Meats, Poultry, Fish & Eggs Rockets to All-Time High Gasoline at U.S. Pumps Set to Hit Six-Year Seasonal High Consumer Prices Rise Sharply in May




Economics and Investing:

Fed Prepares For Bond-Fund Runs, Looking At Imposing “Exit Fee” Gates. – RBS o o o Generation R – Millennials are largely living at home or opting to rent. What happens when homeownership is less accessible to younger Americans? o o o Price Index for Meats, Poultry, Fish & Eggs Rockets to All-Time High. – G.G. o o o The Age of Transformation – H.L.




Becoming The Bank In TEOTWAWKI, by J.M.

It has happened. The event that we have all talked about for so many years has come to fruition. The banking and monetary system, after many years of bail-outs and market manipulations, has finally collapsed. Many have plans to “bug out” to the safety of their isolated retreat where they plan to hunker down and weather the financial tempest that surrounds them. I have to admit that this is probably the best short-term plan to survive, but what do you do when your supplies run out? What will the long-term solution be, until a new monetary system is established? How …







Economics and Investing:

Income Gap Widens as American Factories Shut Down – H.L. o o o Items from Mr. Econocobas: All Eyes on The Fed This Week U.S. Stocks Fluctuate Amid Iraq Tensions, IMF Forecast The United States Of Debt: Total Debt In America Hits A New Record High Of Nearly 60 Trillion Dollars- NOT Including Unfunded Liabilities Why Q2 GDP Will Disappoint In One Chart







Economics and Investing:

Future Fear. – B.B. o o o This Is When All Hell Is Going To Break Loose In Major Markets o o o Items from Mr Econocobas: Another Reason For Middle Class Decline: Late Inning Bubble Chasing Japan Inc.’s Worst Quarterly Outlook Since The 2011 Earthquake Weidmann Warns Against Central Bank Purchases of Government Bonds America’s middle class: Poorer than you think




Economics and Investing:

Why Gold’s Base Price Should Be North Of $2,000 o o o British middle classes will be replaced by ‘tiny elite and a huge sprawling proletariat’, says Government adviser . – P.M. o o o Items from Mr Econocobas: 12 Numbers About The Global Financial Ponzi Scheme That Should Be Burned Into Your Brain Russia Is Doing It – Russia Is Actually Abandoning The Dollar The Winter Was So Cold No One Got Sick! Lower Health Spending To Push Q1 GDP To -2% Another Fiscal Time-Bomb: Public Pensions Assume Perpetual Bull Market And Still Have $1.1 Trillion Deficit




Letter: Banker Immunity

My conclusion of why you pay for Banksters crimes: Big banks that assist the US Treasury in exchange for their implementation of financial policies overseas are almost universally held harmless in De Facto Immunity from prosecution for domestic and international financial crimes. In a clear case of what I think is a perfect “Quid Pro Quo” (“this for that”, in Latin) the bank personnel above the lower ranks are protected. The bank executives know they will not serve time and, in the worst case, only fines will be levied on the bank. Those fines are merely a cost of doing …