The Coming Derivatives Crisis That Could Destroy The Entire Global Financial System

Published: Oct. 20, 2011 – The Economic Collapse

Most people have no idea that Wall Street has become a gigantic financial casino.  The big Wall Street banks are making tens of billions of dollars a year in the derivatives market, and nobody in the financial community wants the party to end.  The word “derivatives” sounds complicated and technical, but understanding them is really not that hard.  A derivative is essentially a fancy way of saying that a bet has been made.  Originally, these bets were designed to hedge risk, but today the derivatives market has mushroomed into a mountain of speculation unlike anything the world has ever seen before.  Estimates of the notional value of the worldwide derivatives market go from $600 trillion all the way up to $1.5 quadrillion.  Keep in mind that the GDP of the entire world is only somewhere in the neighborhood of $65 trillion.  The danger to the global financial system posed by derivatives is so great that Warren Buffet once called them “financial weapons of mass destruction”.  For now, the financial powers that be are trying to keep the casino rolling, but it is inevitable that at some point this entire mess is going to come crashing down.  When it does, we are going to be facing a derivatives crisis that really could destroy the entire global financial system.

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Bilderberg 2011:”Elitist One World Ltd. – Global Network of Giant Cartells, More Powerful than Any Nation, to Control Mankind´s Necessities of Life and Numbers Through Bloody Wars”

by Anders
Published: Jun. 24, 2011 – Euro-med.dk

The Bilderberg meeetings are held 2-3 days every year – for one reason: to create a corporate world government to enslave mankind. This year, the elitist bankers, their politician and corporate henchmen and a few journalists met at St. Moritz, Switzerland on 9-10 June – all sworn in to keep silent about the matters discussed. However the Bilderberg hunters Jim Tucker and Daniel Estulin have reliable moles inside the meeting – so that important points always seep out. This year war was on the program. The elitists want a big an bloody war in the Middle East – just sparing Israel. Syria and Iran are being targeted – but another story is how  NATO can manage such a big war considering all the failures in Iraq, Afghanistan, Pakistan, Libya etc.Invasion of Libya and intervention in Syria are reported to be in the planning. Why? Jim Tucker,  said the elite believe the world is over-populated and that war represents a partial solution. “They are unified on their war project,” said Tucker, citing his Trilateralist-Bilderberg source. They think “ they have to limit the population growth, the one way to do it is with our wars. They have been emphasizing that all day.” So, they had invited both NATO´s Secretary-General, Anders Fogh Rasmussen and Serving US Minister of Defence, Robert Gates. The elitists are concerned about the increasing opposition in the US Congress against endless wars for the elitist dreams – and so the elite is determined to act soon – before the opposition becomes too strong. So, they want US to stay in Iraq. “When you think of Iraq, think big,” one US Bilderberger remarked during the discussion, suggesting that the country will merely be used as a launch pad for a wider regional war that will “include every nation in the Middle East except for Israel.”

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18 Signs That Global Financial Markets Smell Blood In The Water

Published: Jul. 19, 2011 – The Economic Collapse

Can you smell it?  There is blood in the water.  Global financial markets are in turmoil.  Banking stocks are getting slaughtered right now.  European bond yields are absolutely soaring.  Major corporations are announcing huge layoffs.  The entire global financial system appears to be racing toward another major crisis.  So could we potentially see a repeat of 2008?  Sadly, when the next big financial crisis happens it might be worse than 2008.  Back in the middle of 2008, the U.S. national debt was less than 10 trillion dollars.  Today it is over 14 trillion dollars. Back in 2008, none of the countries in the EU were on the verge of financial collapse.  Today, several of them are.  This time if the global financial system starts falling apart the big governments around the world are not going to be able to do nearly as much to support it.  That is why what is happening right now is so alarming.  As signs of weakness spread, the short sellers and the speculators are starting to circle.  They can smell the money.

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DOCUMENTARY – Inside Job (2010)

INSIDE JOB, 2010
by Charles Ferguson
Running time: 108 minutes
Distributed by Sony Pictures Classics
Country: United States

http://www.imdb.com/title/tt1645089/

‘Inside Job’ provides a comprehensive analysis of the global financial crisis of 2008, which at a cost over $20 trillion, caused millions of people to lose their jobs and homes in the worst recession since the Great Depression, and nearly resulted in a global financial collapse. The film traces the rise of a rogue industry which has corrupted politics, regulation, and academia. It was made on location in the United States, Iceland, England, France, Singapore, and China.


The World’s Super-Rich

Billionaires Flourish, Inequalities Deepen as Economies “Recover”

by Prof. James Petras
Published: Mar. 23, 2011 – Global Research

Introduction

The bailouts of banks, speculators and manufacturers served their real purposes: the multi-millionaires became billionaires and the later became multi-billionaires. According to the annual report of the business magazine Forbes there are 1,210 individuals – and in many cases family clans – with a net value of $1 billion dollars (or more). There total net worth is $4 trillion, 500 billion dollars, greater than the combined worth of 4 billion people in the world. The current concentration of wealth exceeds any previous period in history; from King Midas, the Maharajahs, and the Robber Barons to the recent Silicon Valley – Wall Street moguls of the present decade

An analysis of the source of wealth of the super-rich, the distribution in the world economy and the methods of accumulation highlights several important differences with major political consequences. We will proceed to identify these specific features of the super-rich, starting with the United States and follow with an analysis of the rest of the world.

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People Of Earth: Prepare For Economic Disaster

Published: Mar. 05, 2011 – The Economic Collapse

It is not just the United States that is headed for an economic collapse.  The truth is that the entire world is heading for a massive economic meltdown and the people of earth need to be warned about the coming economic disaster that is going to sweep the globe.  The current world financial system is based on debt, and there are alarming signs that the gigantic global debt bubble is getting ready to burst.  In addition, global prices for the key resources that the major economies of the planet depend on are rising very rapidly.  Despite all of our advanced technology, the truth is that human civilization simply cannot function without oil and food.  But now the price of oil and the price of food are both increasing dramatically.  So how is the current global economy supposed to keep functioning properly if it soon costs much more to ship products between continents?  How are the billions of people that are just barely surviving today supposed to feed themselves if the price of food goes up another 30 or 40 percent?  For decades, most of the major economies around the globe have been able to take for granted that massive amounts of cheap oil and massive amounts of cheap food will always be there.  So what happens when that paradigm changes?

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Bernanke must print 40 Trillions now, 100 Trillion next year, 200, 500, 1000…

First Published: Jul. 16, 2010 – National Journal

Game is over. In 2009 US-debt (55 Trillion Dollars) matched with GWP (Gross World Product, 58 Trillion). It is incomprehensible but true: America’s total money supply (M3) is around $15 trillion while the US national and private debt total around $55 trillion. How is America paying an existing $55 trillion in debt with a total of $15 trillion money supply? The US is short $40 trillion only this year. Where will that money come from?

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The Declining Value Of Work

by Michael Snyder
Published: May. 18, 2010 – The Economic Collapse

One of the great joys that men in free societies have long enjoyed is the ability to earn an honest wage for an honest day of work.  In particular, the amazing capitalist engine that powered the U.S. economy for decade after decade greatly rewarded the incredible hard work and industriousness of the American people.  America was known as the land of opportunity, and we built the largest middle class in the history of the world by working incredibly hard.  But today, all of that is fundamentally changing.  Thanks to rapid advances in technology, and thanks to the globalization of the work force, the labor of American workers is rapidly losing value.  Automation, robotics and computers have made many jobs obsolete.  Today one man can do the work that a hundred men used to do.  Not only that, but today American workers literally have to compete against workers from all over the globe.  Global corporations often find themselves having to choose whether to build a factory in the United States or in the third world.  But in the third world workers often earn less than 10% of what American workers earn, corporations are often not required to provide any benefits to workers, and there are usually hardly any oppressive government regulations.  How can American workers compete against that?

The truth is that labor is now a global commodity.  How can an American worker compete against a desperate, half-starving worker in the third world that will work like mad for a dollar an hour?

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The heresy of the Greeks offers hope

Greece is a microcosm of a modern class war rarely reported as such.

by John Pilger
Published: May 20, 2010 – New Statesman

As Britain’s political class pretends that its arranged marriage of Tweedledee to Tweedledum is democracy, the inspiration for the rest of us is Greece. It is hardly surprising that Greece is presented not as a beacon, but as a “junk country” getting its comeuppance for its “bloated public sector” and “culture of cutting corners” (Observer). The heresy of Greece is that the uprising of its ordinary people provides an authentic hope unlike that lavished upon the warlord in the White House.

The crisis that has led to Greece’s “rescue” by European banks and the International Monetary Fund is the product of a grotesque financial system that itself is in crisis. Greece is a microcosm of a modern class war rarely reported as such, but waged with all the urgency of panic among the imperial rich.

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The Vicious Circle of Debt and Depression

by Ismael Hossein-Zadeh
Published: May 14, 2010 – CounterPunch

Never before has so much debt been imposed on so many people by so few financial operatives—operatives who work from Wall Street, the largest casino in history, and a handful of its junior counterparts around the world, especially Europe.

External sovereign debt, as well as occasional default on such debt, is not unprecedented [1]. What is rather unique in the case of the current global sovereign debt is that it is largely private debt billed as public debt; that is, debt that was accumulated by financial speculators and, then, offloaded onto governments to be paid by taxpayers as national debt. Having thus bailed out the insolvent banksters, many governments have now become insolvent or nearly insolvent themselves, and are asking the public to skimp on their bread and butter in order to service the debt that is not their responsibility.

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Meltup

Part 1 –  Preparing Americans for Hyperinflation

Part 2 – The Dollar Bubble

Must watch hour long video from Inflation.us that is now making the viral rounds, explaining what everyone on this website understand, in simple language. Please forward to your friends and neighbors. Inflationist or deflationist, the facts behind this video are undeniable. It is time for the truth about our economy to break through the propaganda machine.

 

Related:

Crisis as a Means to Building a Global Totalitarian State

VIDEO – Deliberate Economic Collapse

The Aim of the Financiers: A One-World Government With a One-World Currency

The Planned Global Economic Crisis

DOCUMENTARY – Monopoly Men, Federal Reserve Fraud, 1999 (47 min.)

Auditing The Federal Reserve: What Are The Banksters So Afraid Of…? (With Videos)

The End of Money and the Future of Civilization

Be Prepared for the Worst

VIDEO – New World Order Monetary System

The Rich Have Stolen The Economy


Gerald Celente: Banks robbing the people

 

Related:

Crisis as a Means to Building a Global Totalitarian State

VIDEO – Deliberate Economic Collapse

The Aim of the Financiers: A One-World Government With a One-World Currency

The Planned Global Economic Crisis

DOCUMENTARY – Monopoly Men, Federal Reserve Fraud, 1999 (47 min.)

Auditing The Federal Reserve: What Are The Banksters So Afraid Of…? (With Videos)

The End of Money and the Future of Civilization

Be Prepared for the Worst

VIDEO – New World Order Monetary System

The Rich Have Stolen The Economy


A Country of Serfs Ruled By Oligarchs

by Paul Craig Roberts
First Published: Feb. 16, 2010 – Creators Syndicate

The media has headlined good economic news: fourth quarter GDP growth of 5.7 percent (“the recession is over”), Jan. retail sales up, productivity up in 4th quarter, the dollar is gaining strength. Is any of it true? What does it mean?

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While America Drowns, Obama and the Elites Party

by Stanislav Mishin
Published: Jan. 26, 2010 – Pravda.ru

There is, yet again, something very Romanesque about the state of the Americans, their empire and their collapse. As the US continues to sink in its co-UK created economic armageddon, the ruling regime enjoys the fruits of its labour of looting and swindling. This is the great “Democracy” they sell us, overseas.

As the year ended, America suffered one of its worst months for employment. Sure, reading the official Ministry of Propaganda (so called free press) reports showed only a mere another 85,000 Americans as loosing jobs, or rather the work force shrinking by that amount, so it takes the UK Telegraph (America slides deeper into depression as Wall Street revels ) to report the real situation, that 650,000 unemployed were moved into a category named “No Longer Searching For Jobs”. This is how the American regimes “honestly” tell the population that the unemployment rate is not going up and the lie they tell the rest of us, fortunate not to live under this deceit. This is the category that DC uses to dump the unwanted, unneeded and unemployable waste, its workers who no longer get government unemployment help and can go starve for all the elites care. After all, judging by the head lines out of DC, for the Haitians there is money, for their own unemployed, shelters and bread lines. This category has been growing by nearly half a million every month for the last year.

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One year since Obama’s inauguration

by Jerry White
Published: Jan. 20, 2010 – WSWS

One year ago today, on January 20, 2009, Barack Obama was sworn in as the 44th president of the United States. The event was greeted with enthusiasm in the US, as well as in Europe, the Middle East and elsewhere. Many millions around the world hoped the long period of political reaction in the US was finally ending. A year later, this wishful thinking has turned into disillusionment, anger and opposition.

Some 2 million people gathered in Washington on Inauguration Day to celebrate the end of the Bush years. From the opening words of his address, however, Obama indicated that he would continue the policies of his Republican predecessor that had been repudiated by the American people.

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Auditing The Federal Reserve: What Are The Banksters So Afraid Of…? (With Videos)

by Giordano Bruno
Published: Dec. 08, 2009 – Neithercorp Press

One thing I have learned in my work with the Liberty Movement over the years, a fact which I will never again take for granted, is that the world can turn on a dime, without warning, or pity. We often expect that these drastic changes will be for the worse, but now I realize that this is not always so. A dramatic turn towards good, a turn towards truth, is just as possible as any other, as long as we endeavor to make it so.

Not long ago, only a couple years back, the idea of finally achieving a full audit of the privately controlled Federal Reserve was thought by many to be a naïve fantasy. The Fed was a massive internationally coordinated entity with unlimited resources (they print their own capital from thin air), how could we possibly compete with the political clout or the tremendous media sway they held at their fingertips? The masses had absolutely no inkling of what the Fed was let alone why they should care about its stranglehold on U.S. politics or financial mechanics. We were screaming at the proverbial “brick wall.” An economic collapse was imminent, and all we could do was wait.

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Dubai: A Dying Monument to Greed and Excess

by Allen L Roland
Published: Dec. 01, 2009 – The Peoples Voice

Debt strapped Dubai World who can’t pay its bills ( 60 billion dollar debt ) is a dying monument to world wide greed and excess and its obvious consequences ~ for in attempting to create an artificial economy from reclaimed land and borrowed capital, it has become a crumbling sub-prime in the desert:

What was obvious to a few six months ago is now becoming apparent to the world ~ as the tasteless and gaudy monument to western capitalism and greed, Dubai, begins not only to lose its luster but its ability to pay its debts while the world financial markets stagger nervously. And that would include Wall Street investors such as Goldman Sachs.

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As Americans Rack Up Billions More On Their Credit Cards The U.S. Economy Is Coming Apart Like A 20 Dollar Suit

Published: Nov. 27, 2009 –The End of the World

As Americans run out today like chickens with their heads cut off and run up billions more on their credit cards, the vast majority of them have no concept of how bad things really are for the U.S. economy.  The truth is that the very foundations of the United States financial system are coming apart like a 20 dollar suit.  While the U.S. government and most of the mainstream media continue to wallow in denial, the numbers that you will read in this article simply do not lie.  The United States has engaged in an orgy of debt for decades and now the day of reckoning has arrived.

But what else should we expect from a nation that is the third fattest in the world?  The truth is that America has become a nation of gluttons who think that the good times will continue to roll.  But the cold reality is that all of us are about to face the end of the financial world as we know it.

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Half Of US Debt Is Owed to Fed

by Henry Makow
Published: Dec. 01, 2009 – HenryMakow.com

Chelsea Clinton’s engagement today to Jewish banker  Marc Mezvinsky, who works for Goldman Sachs, is another reminder that America is ruled by the Illuminati clan, joined by marriage, money and love of Lucifer.

The source of their power is the Fed which has pilfered the US government’s credit card and used it to buy politicians and everything else worth owning, creating trillions in tax payer debt.

That money Ben Bernanke is throwing from the helicopter cost the Fed owners pennies but they expect the US taxpayer to refund face value. To be specific, the US National Debt is expected to reach $13 Trillion this year. That’s about $44,000 for every man, woman and child in the US.

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Are Ukraine Black Death Cases result of IMF Loans?

by F. William Engdahl
Published: Nov. 26, 2009 – Global Research

The Ukraine Government has declared a state of emergency and medical examiners describe results of autopsies on dead patients in chilling terms that recall the Black Death descriptions from the Fourteenth Century in Venice. While everyone is calling it “Swine Flu” and the WHO using it to spread their panic and untested vaccines, there is strong evidence that the deaths—almost all from pulmonary conditions—are from a rising incidence of Tuberculosis (TB). Now a Cambridge University study shows that there is a close correlation between rise in TB and the severe austerity measures that go with IMF loans. Are the Ukraine ‘Black Death’ cases the result of Ukraine’s IMF loans?

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