The Free

From The Babylon Bee: WASHINGTON, D.C. — In a bold move this morning to address the nation’s financial woes, President Biden has officially called on the American economy to stop being bad. “Come on, economy!” said an impassioned President Biden. “Make everything cheaper! Give everyone more money! I hereby demand you stop being atrocious! Do […]

Biden Calls On The Economy To Stop Being Bad

Europe is thus being turned by the U.S. into the front line of a nuclear confrontation with Russia, even more dangerous than that of the Cold War. By Manlio Dinucci Global Research, July 15, 2022 *** “Production of the B61-12 nuclear bomb begins,” Sandia National Laboratories announced from the United States. The B61-12, which replaces the […]

The B61-12 Mini-nukes “Made in America” to be Used in “A Nuclear First Strike”. Coming Soon to Italy, Belgium, Germany, Netherlands

Info summarized from: The collapsing euro and its implications, by Alasdair Macleod ..shared with thanks.. via thefreeonline

There’s lots of speculation nowadays about the fall of the US Dollar and consequently the US Empire. But that’s a far off scenario compared to the imminent European catastrophe.

a) Right now the EU’s economy is teetering on the edge of a financial and economic catastrophe, due to exercising its political agendas despite any economic mayhem created.

“The financial consequences stem partly from bank exposure to Russian entities, but far more important is the effect of soaring producer and consumer prices on the entire Eurozone financial structure. The euro system has depended on redistributing wealth from Germany and the fiscally conservative northern states to bail out the poorer south using suppressed interest rates. That scheme is now kaput”.

Now that Eurozone Inflation (CPI) is rising at 8.6% and Germany’s producer prices are up 33.6%, either interest rates must rise smartly or the euro crashes.

Germany is in big trouble and can no longer guarantee more debt, while the ‘PIGS’ countries, (Portugal, Italy, Greece and Spain) are stuck in debt traps. Yet even more debt needs to be issued because the outlook for budget deficits in these nations is simply dire, made worse by a Eurozone economy on the verge of an energy induced meltdown.

And the imminent forced increase in interest rates may trigger that meltdown.

b) The EU financial system is forced to give away money by lending it at MINUS 1% interest, and maintain various economic juggling scams to stave off monetary collapse. That means doling out countless billions that can never be paid back.

One of the biggest tricks is hiding gigantic ballooning debts by making them disappear in the EU’s TARGET2 settlement system.

[iii] See Evergreening in the euro area; Steinkamp, Tornell and Westermann, working paper No. 113 July 2018, which describes how zombie companies are being kept afloat and how their loans end up as Target2 collateral.

TARGET2 is the big, modern, cheap digital EU system for paying and receiving and all sorts of transactions, processing hundreds of billions of euros every day.

A simplified idea of the scam is that they dump the debts in TARGET2 after re-qualifying them as collateral (guarantee assets) as funds for new loans, and bingo, the commercial banks that issued them become solvent again.

[iv] See Hans Werner Sinn’s description of the public debate, when he first pointed out that the liabilities faced by the Bundesbank on TARGET2’s failure were to be decided by its capital key. https://www.hanswernersinn.de/en/controversies/TargetDebate

We’re talking HUGE numbers:

“the greatest debtors, Italy, Spain, Greece, and Portugal have combined TARGET2 debts of €1,255bn.  But the most rapid deterioration for its size is in Greece’s negative balance, more than tripling from €25.7bn at end-2019 to €106bn in April. Spain’s deficit is also increasing at a worrying pace, up from €392.4bn to €505bn, and Italy’s from €439.4bn to €597b”.

Continue reading “Coming Collapse of the Euro and Banks..When How Why? What it means for us?”

Manifestación el 3 de julio de 2022 tras la muerte de Jayland Walker, por disparos de la policía en Akron (norte de Estados Unidos) afp_tickers Un afroestadounidense de 25 años al que la policía mató en junio cuando intentaba escapar después de una infracción de tráfico en una ciudad del norte de Estados Unidos recibió 46 […]

Autopsia del afroestadounidense baleado por la policía revela 46 heridas de bala — Alma Cubanita

By Manlio Dinucci – byoblu – July 15, 2022

“Production of the B61-12 nuclear bomb begins,” Sandia National Laboratories announced from the United States. The B61-12, which replaces the previous B61 deployed by the U.S. at Aviano and Ghedi and other European bases, is a new type of weapon.

It has a nuclear warhead with four power options, selectable depending on the target to be destroyed.

It is not dropped vertically, but at a distance from the target on which it is directed guided by a satellite system.

It can penetrate underground, exploding deep to destroy command center bunkers in a nuclear first strike.

The B61-12s, classified as “non-strategic nuclear weapons,” are deployed in Europe — in Italy, Germany, Belgium, the Netherlands, Britain and probably other countries — at distances far enough to strike Russia.

They thus have offensive capabilities similar to those of strategic weapons.

Continue reading “‘Smart’ US nukes for ‘Nuclear First Strike’ coming now to Italy, Belgium, Germany, Netherlands…”

World Shocked By Bolton’s Admission that US is Conducting Coups around the World

by Drago Bosnic, + info from Caitlin JohnstoneFollow shared with thanks via thefreeonline

John Bolton is one of the most prominent neoconservative politicians in recent US history. He has been described as so insanely nazi that it made the late John McCain look like the Dalai Lama.

One of the very first things Bolton did while serving as the US National Security Advisor in the Trump administration was to make sure the US withdrew from the Iran nuclear deal (officially JCPOA).

Immediately after, Bolton focused all of his political power and influence on pushing for a Venezuela invasion.

see also: The Empire Is Showing More And More Of Its True Face – Caitlin Johnstone..Genocide walrus John Bolton outright admitted to planning foreign coups with the US government in conversation with CNN’s Jake Tapper on Wednesday. That’s coups, plural.

After Russia intervened, the Trump administration decided this was not a very good idea. Bolton then refocused on advocating for invasions or at least regime change in Iran, Syria, Libya, Venezuela, Cuba, Yemen, North Korea etc

More recent attempts could include China, Tanzania, Pakistan, Peru, Bolivia, Somalia, CAR, Serbia, etc.

His warmongering became too much of a liability for the Trump administration and a major point of contention between Bolton and the then president himself, so much so that he was eventually fired after approximately a year and a half in office.

Breaking News: The most influential newspaper in the English-speaking world routinely passes off CIA press releases as "Breaking News". https://t.co/aBzhidbozv

— Caitlin Johnstone (@caitoz) March 30, 2022

Unlike his neoliberal counterparts and political rivals, certain of their own “moral high ground” over everyone else, but who support the exact same US foreign policy as Bolton himself does, the neoconservative politician at least never tried masking US intentions with worthless rhetoric.

Precisely this happened during an interview with Jake Tapper of CNN’s “The Lead” on Tuesday, where Bolton discussed US involvement in (geo)political shenanigans around the world, during which he admitted directly taking part in organizing coups to further US interests.

Continue reading “”Genocide walrus John Bolton outright admitted to planning foreign coups with the US government””