This Is The Real Reason Why 2018 Will Be An Absolutely Terrifying Year..
Egon von Greyerz: “Welcome to 2018 – a year that will be the culmination of at least 105 years of mismanagement of the Western financial system by governments, central bankers and the elite…
2018 will be a year of major volatility in many markets. Stocks are now in a melt-up phase, and before the major bear markets start in virtually all countries around the world, we are likely to see the final exhaustion moves which could be substantial. The year will also be marked by inflation increasing a lot faster than expected. This will include higher interest rates, much higher commodity prices, such as food, oil and a falling dollar. And many base metals will strengthen. Precious metals finished the 2-3 year correction (depending on the base Currency) in 2015 and are now resuming the move to new highs and eventually a lot higher. More on this later.
For a century, a reckless elite has controlled the system for their own personal gain and thus accumulated massive wealth. Ordinary people have been totally cheated into believing that they have benefitted by having all the material things that most of them can’t afford – be it a house, car, computer or iPhone. All on credit of course. Whilst the elite owns most of the assets, ordinary people own the debt. Not just their own debt but also the public debt burden which irresponsible governments have built up, including unfunded liabilities such as pension and medical care. And when the financial system fails, ordinary people will suffer the most.
We have seen a century of debt buildup from virtually zero to $240 trillion. Global debt has doubled since the beginning of the Great Financial Crisis in 2006. This has led to asset bubbles and overvaluations never seen before in history. If unfunded liabilities and derivatives are included, the total burden amounts to $2 Quadrillion.
Cold in India claims 143 lives as temperatures near freezing just a week after brutal cold killed 11 in Nepal
Despite being sunny, a cold wave continued in most parts of Uttar Pradesh on Wednesday.
More than 40 persons were reported dead in the state in the last 24 hours, taking the toll to 143 so far. Early morning fog disrupted normal life in the state capital and neighbouring areas.
A dozen trains were cancelled due to poor visibility which also lead to delays.
Winter vacations of schools in the state capital have been extended by one more day on orders of the District Magistrate.
Three persons have been killed since Tuesday in road accidents due to fog.
Visibility in many areas dropped to 15-20 metres, the Met said.
A six-year-old boy Satyam who had gone to school in Barabanki died due to cold, parents have alleged.
Despite government’s orders, the private school had not complied, prompting an inquiry into the matter.
Deaths have also been reported from Kanpur, Fatehpur, Kannauj, Pilibhit, Moradabad, Sambhal, Amroha, Rampur, Hamirpur, Azamgarh, Ghazipur and Ballia…..
Food riots grip western Venezuela
Mob reportedly slaughters cattle in field
Hungry mobs ransacked a food collection centre and a supermarket in Venezuela’s western Andean state of Merida on Thursday and reportedly even slaughtered cattle grazing in a field as unrest over food shortages spread through the country.
An opposition lawmaker from Merida, Carlos Paparoni, said four people had died and 10 were injured in the chaos over the last two days, but he did not specify the circumstances.
Four years of recession and the world’s highest inflation have plunged millions of Venezuelans into poverty, and President Nicolas Maduro’s authoritarian socialist regime faces mounting unrest.
Looters plundered a truck carrying corn, a food collection centre and a state-run supermarket, according to Paparoni, and a vet who witnessed the mayhem.
A video on social media also showed around a dozen men running into a lush pasture, chasing a cow, and then apparently beating it to death….
‘One Million Moms’ Is Furious That Scholastic Is Selling Books About Transgender Kids
“Scholastic is not safe for your child,” the conservative anti-LGBTQ group warned parents.
A conservative “pro-family” group is trying to rally mothers against the Scholastic Corporation for publishing children’s books that honor diverse gender identities.
One Million Moms, an advocacy group that has largely focused its efforts on condemning progressive ideology in the entertainment industry, on Wednesday aimed its sights on Scholastic, one of the world’s largest publishers of children’s books.
In a post on its website, One Million Moms took particular issue with one book, George, a chapter book intended for kids in grades 3 to 7. Written by the queer activist and author Alex Gino, George tells the story of a transgender fourth grader. The 10-year-old hopes that by playing Charlotte in her school’s upcoming production of Charlotte’s Web, she’ll finally get her parents and teacher to look past the gender that was assigned to her at birth and accept her as a girl….
Woman loses arm in shocking laundry accident, accuses boss of trying to save machine
Alyona Romanenko from the town of Lutsk in western Ukraine fell victim to the malfunction while working in a laundrette in Poland’s Lubon. The incident, which took place in December, emerged in the media this week after Romanenko shared her shocking experience in a video released by her husband on YouTube. The transcript of her story was initially published by Volyn24 news.
The woman, who said she came to Poland to work, says the machine she was operating would often break down. She also said she had not received any professional training when she started working there. The only recommendation she was given was to take knotted sheets out of the machine and untie them – advice, she says, that cost her an arm….
First sunrise in 40 days: Arctic Russian city greets daylight as polar night ends
Crowds of local residents gathered on top of a hill to watch the sun emerge from the horizon on Thursday, marking the end of the polar night. Despite sub-zero temperatures, people came to celebrate the end of 24-hour darkness, which began in early December.
The sight of the first sunrise has been drawing locals since 2007 for the annual event on the hill, which is appropriately named “Sunny mountain.” People cheered and raised their cameras to capture the moment, as the first sunbeams appeared at 12:39pm.
The first daylight of the year does not last long, and Thursday’s glimpse of sunlight had disappeared again within 34 minutes….
Scientists discover species of dinosaur the size of a turkey
Scientists have discovered a species of dinosaur that roamed between Australia and Antarctica 113 million years ago.
The discovery of Diluvicursor pickeringi, published Thursday in the biological and medical journal Peer J, tells us more about how Australia and Antarctica were once connected and the different kinds of dinosaurs that lived there.
“Skeletons of dinosaurs from Australia are very rare,” Matthew Herne, the lead paleontologist on the study, wrote in an email. This discovery shows for the first time that there were at least two closely related dinosaur species living in southeastern Australia.
Former Teacher Has Certificates Suspended for Speaking Against Sin of Homosexuality on Facebook
The New Jersey Department of Education has suspended the teaching certificates of a former high school teacher who came under fire seven years ago for speaking against the sin of homosexuality on Facebook.
As previously reported, Jenye “Viki” Knox, 56, first came under fire in June 2011 after she posted comments on Facebook decrying the promotion of the homosexual lifestyle Union High School.
The school had reportedly erected a display in acknowledgment of “Gay, Lesbian, Bisexual, Transgender Month,” which featured popular homosexual celebrities.
“It’s still there,” she vented on her personal Facebook page. “I’m pitching a fit.”….
‘It was a joke’: Italian police question teens over homeless Moroccan incinerated in car
Two boys have been identified as prime suspects in the murder of 64-year-old Ahmed Fdil, who was burned alive in the car he used for shelter in the town of Zevio near Verona. “It was a joke,” L’Arena daily quoted the younger boy telling police when he was questioned about the incident that took place in December. Although he claimed they “didn’t do it on purpose,” the boy admitted they took paper rolls from a pizzeria to ignite and throw at the vehicle.
According to Verona Sera, the man became stuck in the car window as he tried to escape the fire. “To see him die like that was atrocious. To see him burning, he was alive,” AP quoted a witness, Gino Capo, who tried to drag Ahmed out….
All the prophecies the bible said will happen in end times, are happening or almost complete at present