ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Feb 21 10:47

Taiwan's Leader Says Threat Of Chinese Invasion "Growing Every Day"

President Trump's at times warm, at times contentious relationship with his Chinese counterpart has been an exercise in cognitive dissonance that's reflective of a broader truth about the relationship between the world's two largest economies. The veneer of economic cooperation belies deeper military tensions as China's expansionist military aims threaten US security in the Pacific.

Feb 21 10:46

Trade Talks Update: China, US Working On 6 Memorandums As Deal Takes Shape

After a week of trade headlines that has been dominated by President Trump's insistence that talks are seeing "their most significant progress yet" and that the US has been pressing Beijing to commit to keeping the yuan "stable" to preclude any tariff-offsetting devaluations, the progress on a "memorandums of understanding" has emerged as a primary point of interest for Wall Street.

Feb 21 10:30

Where Investors Put Their Money in 2018

Feb 21 10:02

Koch-backed group offers to help Pelosi limit Trump tariff powers

Americans For Prosperity, a free-market advocacy group funded in part by the Koch network, has offered to help House Speaker Nancy Pelosi, D-Calif., pass legislation that would limit President Trump's ability to unilaterally impose new tariffs.

"[W]e hope to work with your office to advance legislation to require congressional approval of any proposed tariffs," said AFP chief government affairs officer Brent Gardner and Freedom Partners Chamber of Commerce executive vice president Nathan Nascimento told Pelosi in a letter sent Friday and made public Wednesday.

Feb 21 09:56

Downturns and Financial Crises – Sequence

Feb 21 09:45

China Warns New US Tariffs Will Be "Catastrophic" For Global Stocks

The threat of a market catastrophe has pigeonholed the US into striking a deal with Beijing, the report suggests although many are confident that the situation is flipped.

"[Trump's] words further stoked the stock markets of the US, which reached the highest in two months and so increased pressure on the Trump administration to close the deal with China," said the Global Times in an Op-Ed, adding that if the Trump team "imposes more tariffs on Chinese products while China responds with fiercer countermeasures," it would "be a catastrophic strike to global stock markets."

"In terms of avoiding such blows, the Trump administration is probably the most pressured," the Op-Ed continues. "Thus in general, by the end of the trade negotiations, China and the US have become more psychologically equal" (according to the state-run outlet). As a result, "both sides would eventually lose," the Times warned.

Feb 21 09:45

Exclusive — Sen. Marco Rubio: ‘The Chinese Effort to Supplant America Has No Precedent’

Sen. Marco Rubio (R-FL) told Breitbart News exclusively that China’s intense international push for global dominance is the biggest threat that America has ever faced, even more substantial than the one that the Soviet Union posed in the 20th century during the Cold War.

Webmaster's Commentary: 

Bad, bad, bad, BAD China! As the US let its manufacturing decline, China became a manufacturing powerhouse! How dare they. How DARE they!

Feb 21 09:41

Brexit LIVE: Chaos as UK to be blocked from MAJOR EU trade deals in event of no-deal

THE EU’s trade agreements with Japan, Algeria and Turkey will not automatically still apply to the UK in the event of a no-deal Brexit, the Government has confirmed.

The revelation was made in the latest document released by Whitehall as the UK gears up its preparations to leave the Brussels trade bloc without a deal. The Government said it was “in the process of transitioning existing trade agreements of which the UK participates as a member of the European Union”. It is hoped a total of around 40 existing trade deals will roll over after March 29 in the event the Brexit deadlock is unable to be broken.

Feb 21 09:39

US can’t ignore India: Nasscom on proposed H-1B visa curb

IT industry leaders say any H-1B visa curbs will affect US economy as it lacks skilled manpower particularly in the field of science, technology, engineering and maths

Webmaster's Commentary: 

Thank you Common Core.

Feb 21 09:22

5-Things To Do Before Retirement

Feb 21 07:59

Germany Not Interested in Anti-Russia Sanctions - Economy Minister

Europe is not interested in cutting off relations with Russia, German Chancellor Angela Merkel stated on 16 February on the sidelines of the Munich Security Conference.

German Economy Minister Peter Altmaier said in a statement that the country is not interested in the anti-Russian sanctions, as they were adopted for political reasons, stressing that it is necessary to work to change them.

"I personally think that we have no interest in sanctions", Altmaier said, adding that "we accepted these sanctions, because there were political grounds for this, repeatedly extended them. "the EU was united, but we have to work on changing political relations and arrive at other solutions".

Feb 21 07:44

JPMorgan is creating a cryptocurrency pegged to the dollar

JPMorgan Chase is developing a new cryptocurrency called JPM Coin whose value will be tied to the US dollar, the bank said on Thursday. The new private blockchain platform is designed to help large JPMorgan clients move money around the world. The new cryptocurrency will be built atop JPMorgan's Quorum blockchain technology, a variant of Ethereum that has been modified to serve the needs of a major financial institution like JPMorgan.

Webmaster's Commentary: 

Tied to the US dollar? What could possibly go wrong?

Feb 20 17:57

Supremes Deliver Smackdown on Civil Asset Forfeiture

By Jon Miltimore

The Supreme Court on Wednesday unanimously ruled that state and local governments are subject to constitutional prohibitions on “excessive fines” on citizens.

This decision will provide Americans robust constitutional protection against exorbitant fines imposed by local governments...

Feb 20 17:39

Will Tesla become the next Amazon?

Feb 20 15:06

Worldwide Economic Melt Down Now Occurring

Feb 20 14:04

NZ$950 (US$700) a week for 30 years: First-home buyers face crushing mortgages

*Can you say "bubble?"*

Auckland's first-home buyers will need to fork out up to $950 per week in loan repayments for the next 30 years based on what they're paying to get a foothold in the market.

That's according to figures by analysts CoreLogic showing there were 8350 first-time buyers in the Super City last year - accounting for one-in-four purchases across Auckland.

CoreLogic's figures also show these first home-buyers are now paying an average of $856,467 for their properties.

Community groups say the low number of buyers and daunting prices show only elites can afford to buy property now in our biggest city.

Feb 20 11:59

Asia’s Most Radical Left-Wing Economic System Faces Harsh Reality

South Korea has untaken one of the most radical left-wing economic systems out there: a steep increase in minimum wage nationwide. But now, the country must face the dire consequences of that decision and the harsh reality that the regulations are destroying their economy.

South Korea is home to one of the world’s boldest left-wing economic programs. President Moon Jae-in’s flagship economic policy, “income-led growth,” has led to dramatic increases in minimum wages since he took office in 2017. Those increases are now driving a terrifying rise in unemployment, just as a slump in global trade is already buffeting Korea. The nation is now staring an economic crisis in the face.

According to the Wall Stree Journal, it isn’t just South Korea, but they seem to be the worst stranglers of their own economy.

Feb 20 11:59

The Failing Automotive Industry Pushes Everyone Toward Global Recession

Thousands of job cuts have been announced while demand for cars is dropping and debtors are defaulting on their auto loans in record levels. The failing automotive industry could propel the globe toward a worldwide recession in the coming months.

In addition to the trade war killing demand for automobiles, thousands of job cuts have been announced as manufacturers try to stay in business. According to Business Insider, Honda, Nissan, Ford, and General Motors have announced thousands of job cuts in Europe. Jaguar Land Rover has also begun cutting jobs.

Feb 20 11:55

Deutsche Bank Discussed Extending Trump Loan Terms Over Default Fears

Deutsche Bank's PR campaign to get out ahead of whatever "Kerosene Maxine's" subpoenas might uncover led to another not-altogether-unexpected revelation Wednesday morning when Bloomberg reported more details about the German lender's efforts to distance itself from the soon-to-be president.

We reported previously that Deutsche sought to limit its exposure to Trump during the run-up to his 2016 electoral victory for two reasons: it feared the public blowback that any association with Trump's divisive campaign rhetoric might bring, and it also wanted to avoid the eventuality of Trump defaulting on a loan while in office - which would force the bank into the uncomfortable position of needing to seize the assets of the President of the United States.

Feb 20 11:54

UBS Shares Tumble As French Judge Slaps Bank With $5.1 Billion Tax Evasion Fine

In a landmark ruling that sent a clear message to other banks battling misconduct investigations in French courts, a Paris court on Wednesday found UBS guilty of having actively helped some of its wealthy French clients hide money from French tax authorities in undeclared Swiss bank accounts, and ordered the bank to pay a $5.1 billion fine. The fine represents a record sum in France, and isn't too far below the $6 billion maximum allotted by French law.

Feb 20 11:53

Hello Old Friend... Gold Nears $1,350 Resistance (That Has Repelled It 4 Times In 5 Years)

The past five years have been baffling for gold bugs. In an environment of massive central bank money creation, rising government deficits and a populist takeover of many countries’ political systems – all of which should be great for safe haven assets – gold has spiked to around $1,350 four times, only to be smacked back down each time. Very demoralizing.

And now it’s gearing up for another try.

Feb 20 11:52

China Warns New US Tariffs Will Be "Catastrophic" For Global Stocks

Chinese state-run newspaper the Global Times warned - or perhaps threatened - late Tuesday that failed trade negotiations would have dire consequences for global stocks.

The threat of a market catastrophe has pigeonholed the US into striking a deal with Beijing, the report suggests although many are confident that the situation is flipped.

"[Trump's] words further stoked the stock markets of the US, which reached the highest in two months and so increased pressure on the Trump administration to close the deal with China," said the Global Times in an Op-Ed, adding that if the Trump team "imposes more tariffs on Chinese products while China responds with fiercer countermeasures," it would "be a catastrophic strike to global stock markets."

Feb 20 11:44

Ocasio-Cortez goes on tear defending role in Amazon’s New York exit

Rep. Alexandria Ocasio-Cortez vigorously defended her role in sinking Amazon’s move to New York City on Tuesday in the face of bipartisan criticism, claiming the deal would have been "one of the biggest giveaways in state history" and would have priced people out of the local community.

"Frankly, the knee-jerk reaction assuming that I ‘don’t understand’ how tax giveaways to corps work is disappointing," she tweeted. "No, it’s not possible that I could come to a different conclusion. The debate *must* be over my intelligence & understanding, instead of the merits of the deal."

Webmaster's Commentary: 

To be honest, AOC makes some good points. Look at what happened to the local population living around Silicon Valley.

Feb 20 11:23

Russia’s reserves fully cover nation’s internal & foreign debt for 1st time ever – Putin

Russia’s foreign exchange reserves can now cover all of the debt owed by both the government and domestic businesses, Russian President Vladimir Putin has announced.

“For the first time in history our reserves fully cover foreign debt, including government and commercial sector debt,” Putin said addressing the Federal Assembly in Moscow on Wednesday.

The country’s external debt amounts to $453.7 billion, while its international reserve funds stand at $475 billion as of February 8, 2019, according to infographics presented by the president.

Webmaster's Commentary: 

Now THAT is a well-managed national economy! That reminds me, how is the US economy doing? :)

Feb 20 10:42

GREAT AGAIN

Feb 20 09:52

Europe Slowing Into Recession

Feb 20 09:45

Will 2019 Be the Year of King Copper?

Feb 20 07:47

Fund Manager: More Accounting Games At Amazon

Feb 20 06:55

The 30 Most Exciting Wildcat Plays Of 2019

Feb 19 18:21

Dynamic Pricing

Feb 19 18:20

What Good has Bitcoin Done for the World?

By Stefan Kløvning

I used to be relatively passive to Bitcoin and crypto-currencies in general. I was long persuaded by Peter Schiff’s argument that Bitcoin was a bubble that would “have a very short life” due to its lack of intrinsic value and speculative nature, and that it therefore does not fulfill Aristotle’s five criteria for good money. As it was a rather new technology, I wasn’t the only skeptic. In the forefront among the crypto-currencies, it thus shocked the world when it hit $20,000 in value in the year-change of ’17/18. What in the world could make it so expensive and popular?...

Feb 19 18:09

What ZIRP is doing to the world

Feb 19 17:36

Apple's priorities are shifting as iPhone sales continue to sink

As iPhone sales continue to sink, Apple has made several key moves over the last year as it prepares new offerings to juice growth elsewhere in the business.

If you've been listening to CEO Tim Cook's comments on earnings calls and in interviews recently, none of this should come as a surprise. The company has stopped reporting iPhone unit sales figures, and instead talks more about its growing base of active devices, which the company says can be used to squeeze out more revenue through its digital services like Apple Music, App Store sales and extra iCloud storage.

But it's not just about those subscription services. Apple has made several shifts in recent months that signal its preparing to move beyond the iPhone in other ways, such as artificial intelligence, the growing smart home market and digital health monitoring.

Feb 19 16:51

Families of five American oil executives held in Venezuela for 15 months say they are being held in 'deplorable conditions' and there appears no end in sight to their nightmare as Maduro tightens his grip

Families of five American oil executives being held as part of the 'Citgo Six' say their relatives are living in overcrowded and inhumane Venezuelan jails.

Five American men, from Louisiana and Texas, have been sleeping in cramped cells and been starved since their arrest in Caracas in November 2017, their relatives claim.

The oil company they worked for is in the grip of a power struggle between Maduro and his rival for the presidency, the US-backed Juan Guaido.

A recent picture of one of the executives Tomeu Vadell, whose family live in Texas, shows dramatic weight loss and he appears extremely malnourished.

Webmaster's Commentary: 

Forgive me, but IF legitimate, these held executives are a cause for concern; But the question here is, why has the US government not been in doing good faith negotiations to get them out?!? What will it take?!?

However, looking at the language here, excuse me, but this has "Wag the Dog" written all over it. (and if you have never seen it, do yourself a favor and buy it; this is PRECISELY how things get done in DC.)

Feb 19 15:22

Food Prices Will Rise In 2019 Adversely Impacting Those Living Paycheck To Paycheck

Almost 80% of Americans live paycheck to paycheck barely able to afford to put food on the table. That’s terrible news considering the predictions currently assume that grocery prices will steadily continue to rise during 2019.

Grocery prices are expected to rise by 1 percent or 2 percent this year, according to the United States Department of Agriculture. It may seem small, but with so many U.S. households already living paycheck to paycheck, it could be just enough to have a real financial impact. Although food prices rose by just a fraction of a percent last year, and that was the first increase in three years, and it looks like prices will rise consistently during 2019, according to WCVB 5, an ABC News affiliate.

Webmaster's Commentary: 

Mike and I had a little bit of shopping to do yesterday, and we were more than a little "sticker shocked" by what the shopping wound up costing.

At least, in this little household of two (Thank Heaven!) I do know how to slow cook, which gives you the option of getting originally tougher cuts of meat very tender.

Feb 19 14:56

Google is quietly creeping into US banks

Feb 19 14:26

Why The Oil Rally Isn’t Over Yet

Feb 19 14:06

China car sales, Euro sector balances

Feb 19 13:19

Venezuela Under Washington’s Gun

A full court press is taking place in Florida today (Presidents Day) with Republicans, Democrats, expatriates from Cuba and Venezuela and the warmonger ministry of propaganda that constitutes the US media all denouncing Maduro and blaming him for the hardships imposed on Venezuelans by Washington’s sanctions and attacks on Venezuela’s currency.

Even “liberal” NPR is reading off the same fascist warmonger script. NPR managed to report on Venezuela without mentioning the sanctions, without mentioning the theft of Venezuela’s gold foolishly entrusted to the US and British central banks, or the orchestrated protests funded by US-financed NGOs that are small in comparison with the crowds that support Maduro that are never mentioned in the US media. In other words, NPR is just another part of the whorehouse brigade.

Webmaster's Commentary: 

This is a typically blunt, but completely honest assessment of what is going on in Venezuela, courtesy of Dr. Paul Craig Roberts.

And as someone who deeply appreciates what this man has to say, I would tell him, that the truth of situations is still out there, as evidenced by the continued existence of sites like global research and wrh; people just have to look a little further afield than the local telly, as the writing, producing, and reading of this codswallop is all engineered to get an emotional response from the reader, in order to further the US government's agenda.

Feb 19 13:14

I owe how much? Americans shocked by impact of new tax law

Wait, I owe the IRS? -- The first tax filing season under the new federal tax law is proving to be surprising, confusing — and occasionally frightening — for some Americans, especially those accustomed to getting money back from the government.

Feb 19 13:12

Businesses in the Middle East have begun to think ‘Make trade not war’ and being part of China’s Belt and Road scheme

Singapore, aiming high for the status of Asia’s unofficial capital, seems like the ideal venue for a conference to discuss how the Middle East could learn a few lessons from ASEAN’s multi-layered relations with China, especially involving partnership in the New Silk Roads, or Belt and Road Initiative (BRI).

But first, let’s get things straight. The “Middle East” is, of course, a Eurocentric, Orientalist denomination. From Asia’s – and China’s – cultural and geographical point of view, the “Middle East” is correctly seen as Southwest Asia.

It’s enlightening to evaluate two Chinese informed perspectives on how China is deploying its geopolitical soft power across Southwest Asia in contrast to the Trump administration’s immensely muddled strategy.

Webmaster's Commentary: 

This is a great place for the world to start; and I wholeheartedly agree with the concept of trade trumps war ANY day, in my book

Feb 19 12:44

Germany Unveils Its Version of the Green New Deal

By Mitchell Gunter

Germany grabbed headlines across the globe in late January by proposing a complete government ban on utilizing coal for energy by 2038, effectively signing the industry’s death warrant.

Rep. Alexandria Ocasio-Cortez’s (D-NY) draft “Green New Deal” produced anger, confusion, and outright laughter across the nation earlier this month, effectively proposing to eradicate the health insurance, nuclear energy, and fossil fuel industries overnight in addition to providing “economic security” to those “unable or unwilling to work.”...

Feb 19 12:39

U.S. pressing Gulf states to keep Syria isolated - sources

The United States is lobbying Gulf states to hold off restoring ties with Syria, including the UAE which has moved closer to Damascus to counter the influence of its rival Iran, five sources told Reuters.

The opposing approaches are an early test of whether Syrian President Bashar al-Assad can gain political and diplomatic credibility after a nearly eight-year civil war turned him into an international pariah.

Many countries cut links with Syria at the start of the war.

Several Gulf states shut or downgraded their embassies, Syria was suspended from the Arab League, flights stopped and border crossings were closed. The United States and other countries imposed economic sanctions.

Washington, backed by Gulf countries Saudi Arabia and Qatar, does not want Syria welcomed back into the international community until a political process to end the war is agreed.

Webmaster's Commentary: 

It is apparent that these alleged reporters for Reuters UK are spewing the codswallop just as hard, and as quickly, as their US/UK masters are ordering them to do.

It is painfully obvious that the US/Israel still want regime change, and are couching it in the language of they do "not want Syria welcomed back into the international community until a political process to end the war is agreed."
Regime change to a western centric government is what they want, and for what they will move heaven and earth to get, with Al-Assad given no place on the ballot.

Al Assad did not have a civil war on his hands at the outset here; various US, Israeli, and other resources, trained, funded, and armed jihadis who were spirited into the country to destabilize Damascus; the US is just expressing sour grapes that its destabilization plot could not be made to work.

Feb 19 11:42

10,000 French Tobacco Shops Begin Offering Crypto Vouchers

As the Yellow Vests burn traditional bank notes in protest, 10,000 French tobacco shops begin offering cryptocurrency purchases via a new voucher system...

Feb 19 11:40

After the Trade War, a Real War With China?

Our sudden hostility to China reflects a consensus – at least within the Washington Beltway – that we need to wrestle China to the ground and pin it there. But what are the chances we can do that? What are the consequences of attempting it? Where are we now headed with China?

Realism is out of fashion in Washington even if it’s alive and well elsewhere in America. It should give us pause that our new enemy of choice is a very different, larger, and more dynamic country than any we have unbefriended before. China had a couple of bad centuries. But forty years ago, the Chinese Communist Party and government began to evolve what turned out to be a successful model of economic development that blended state capitalism with free enterprise. This unleashed the entrepreneurial talents of the Chinese people. The results have been staggering.

Webmaster's Commentary: 

Folks, this is a very long read, but absolutely worth it, in terms of US/China/Taiwan relations, and how they might be bettered, or get completely nasty, if there is a war between the US and China over the future of Taiwan.

Feb 19 11:19

Trump: Venezuelan Military Members Must Abandon Maduro or ‘Lose Everything’

Delivering another speech in support of Venezuela regime change during his visit to Miami on Monday, President Trump warned Venezuelan military members will “lose everything,” and find “no safe harbor” anywhere in the world if they continue to defy US expectations.

For weeks, Trump has endorsed opposition leader Juan Guaido as the rightful ruler of Venezuela. In practice, President Maduro remains in power, and still has overwhelming loyalty among the military leadership. Officials have conceded that without a shift in the military, an actual regime change is unlikely.

Which is where Trump’s threats come in. Though some in the administration are arguing Trump was referring to secret Venezuelan military official money stashes worldwide, the reality is that most have little but their future and their lives, and that’s what Trump is saying they’ll lose, reiterating that all options are on the table.

Webmaster's Commentary: 

Really, Mr. President?!?

Have we, under your watch, devolved from being a nation of laws, which comports itself in a reasonable and sane manner in its dealings with the international community, to a nation of threats, as were heard last weekend in Warsaw against Iran, and yesterday, in your speech to the military officers of Venezuela?!?

Unfortunately, "workable, subtle solutions" are absolutely not hardwired into your DNA, sir.

Do you have any bit of understanding, how bad the optics looked in both cases, to the international community, and voters here at home?!?

Sir, in these two cases, you have truly become a caricature of a world leader who cannot lead by inspiration, but is pushed by desperation (and the Neocons, who have never really gone away) to make some very horrible choices in terms of US foreign policy, which we may all soon come to regret.

It has become very painfully clear to me, and to others who initially believed that you would be a better choice than would have Clinton in 2016, that in the end, again...yet...still... we were only voting for, and supporting, what we believed to be "the lesser of two evils".

How history will judge your presidency remains left to be seen; but sir, I sincerely doubt it will be kind to your "legacy" for this country.

Feb 19 11:11

Blain: "My Recent US Trip Was An Eye-Opener - Poverty Has Never Been So Visible On The Street"

US President's day

Another fascinating weekend… It’s a holiday in the US, and much of UK is off for mid-term. I’m still trying to digest the importance of last week’s news about Amazon pulling out of its New York HQ2 deal in light of protests by liberal lefties. I’m thinking it’s a very interesting moment, and rather changes the game.

How much do current events, like Amazon, change the game of Macro Strategy decisions? In the past the role of strategist was to carefully scrutinise, analyse and conceptualise Central Bank interest decisions, input the available economic data into our calculations, spice it up with some expectations about global trade prospects, and make rosy assumptions about growth and consumption to determine (ie; guess) if stock and bond prices will rise or fall, and therefore what to buy.

Feb 19 11:11

China Car Sales Plunge Most In 7 Years Amid Global Auto Industry Meltdown

Car sales in China continued their relentless descent in January, falling 17.7%, as we recently expected would happen when discussing Europe's tumbling January auto sales. This follows the country's first full year slump (2018) in more than two decades and it puts further pressure on the state of the global automotive market.

The drop marked the eighth monthly retail sales decline in a row and was the biggest one-month drop in seven years.

Feb 19 11:02

$21 Trillion: “Missing Money” from American DoD and HUD budgets from 1998 to 2015

I’ve been going over and over in my head what "missing money" means. Let’s review.

Dr. Mark Skidmore did an analysis of the DoD and HUD budgets from 1998-2015. He and his students found that there were $21 trillion dollars in undocumentable adjustments, for a budget that started out at $271 billion in 1998 and ended at $637 billion in 2015.

Feb 19 10:46

The utterly unbelievable scale of U.S. debt right now

This week, the United States national debt ticked above US$22 trillion for the first time, an amount equivalent to $67,000 per U.S. citizen.

The U.S. federal government owes more money than any other institution in the history of human civilization. And it’s just getting worse. According to the Congressional Budget Office, in only 10 years the U.S. debt-to-GDP ratio will be higher than any point since the Second World War.

Below, a few factoids about just how eye-wateringly, bone-chillingly large the U.S. debt has become.

Feb 19 10:40

Hispaniola Rising: How the US Coup in Venezuela Is Taking Root in Haiti and the Dominican Republic

For more than a decade Venezuela has aided the governments of Haiti and the Dominican Republic through a preferential system known as Petrocaribe, and the people of those nations are not taking their governments’ support for the US coup in Venezuela lightly.

As Judas betrayed the Son of Man with a kiss for 20 pieces of silver, the institutionally corrupt governments in Port-au-Prince and Santo Domingo have written another sad chapter in their nation’s history.

Ironically, it was Venezuela that helped to develop the island’s energy infrastructure in recent years. A key part of this is the REFIDOMSA oil refinery in the Dominican Republic which the Venezuelan government helped to develop and partially owns, and which has also been used to help alleviate increased fuel demands and shortages in Haiti.

Feb 19 10:29

‘I do not recognize my country’: Yellow Vests who have lost eyes, limbs demand justice from Macron

France gathered for the 14th week of Gilets Jaunes protests, with the injury toll of the worst civil unrest in decades now resembling that of a small war. Yet despite pleas from victims, Emmanuel Macron is tightening the screws.
“This is not normal. We are in France, one of the oldest and best democracies in the world,” says Fiorina Jacob Lignier, who lost her eye at a demonstration in Paris on December 8. "We usually condemn from afar other countries where this occurs, that this is happening here is unbelievable."

Lignier, a 20-year-old philosophy student, traveled from the northern city of Amiens to march on the Champs-Elysees to protest against fuel taxes with her boyfriend, Jacob Maxime.

He told RT that they were marching with a column of peaceful demonstrators, when a group of masked radicals began to vandalize a shopfront more than 50 yards away.

Webmaster's Commentary: 

One has to wonder .... if the "masked vandals" were actually elements of France's Secret Police, attempting to vilify peaceful protesters.

But I look at this young woman, with all her life before her, never being able to see out of the one eye she lost to the gas grenade strike, and of course, most probably never receiving any compensation by the French government, for her injuries.

I had to to wonder if France's police train with the IDF; their methods, motives, and opportunities, look very similar, in this case of crowd control gone horrifically wrong, unfortunately, my suspicions were entirely correct, as evidenced by the following article, with a dateline of early December,
2018:

Video: Mayhem in Paris, French police use tear gas and water cannons on yellow v vest protests

The article goes on to state: "Viewing the shooting angles of the tear-gas launchers, in the video, we can see police shooting them in a straight line at protesters. This is in violation of the normative use of tear-gas launchers, and are widely understood to be used as a form of projectile weapon, with the canister itself – not the gas per se – being a high-speed object meant to seriously injure those it strikes.

This is in line with the practices now being taught in France’s Gendarmerie, who train annually with Israel’s IDF."

Feb 19 10:26

ONCE HAILED AS UNHACKABLE, BLOCKCHAINS ARE NOW GETTING HACKED

Early last month, the security team at Coinbase noticed something strange going on in Ethereum Classic, one of the cryptocurrencies people can buy and sell using Coinbase’s popular exchange platform. Its blockchain, the history of all its transactions, was under attack.

Feb 19 10:16

Food Prices Will Rise In 2019 Adversely Impacting Those Living Paycheck To Paycheck

Almost 80% of Americans live paycheck to paycheck barely able to afford to put food on the table. That’s terrible news considering that the predictions currently assume that grocery prices will steadily continue to rise during 2019.

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