Is The China Bank Run Beginning? Farmers Co-Op Unable To Pay Depositors
“While most of the attention in the Chinese shadow banking system is focused on the Credit Equals Gold #1 Trust’s default, as we first brought to investors’ attention here, and the PBOC has thrown nearly CNY 400 billion at the market in the last few days, there appears to be a bigger problem brewing. As China’s CNR reports, depositors in some of Yancheng City’s largest farmers’ co-operative mutual fund societies (“banks”) have been unable to withdraw “hundreds of millions” in deposits in the last few weeks. “Everyone wants to borrow and no one wants to save,” warned one ‘salesperson’, “and loan repayments are difficult to recover.” There is “no money” and the doors are locked.”
No one saving and everyone wanting to borrow – what madness.
Greece high court reverses troika-imposed wage cuts
“Greece’s highest court has ordered a reversal of troika-imposed wage cuts on the country’s security services, in a move that could jettison the government’s spending plans and complicate negotiations for the future release of bail-out funds.”
“A 10pc pay cut across a broad sweep of public sector workers, which took effect in August 2012, was included in the terms of Greece’s second bail-out from the EU-IMF troika of lenders. Those affected included the armed forces, emergency service workers, university lecturers and judges.”
This Greek judge doesn’t want the Greek people to be slaves to the IMF.
Why not a 20% pay cut ?
Why not a 30% pay cut ?
How about the people at the IMF taking a pay cut ?
‘Terrorism funding just one thing banks getting away with’ – HSBC whistleblower
“Banks say they are the pillar of the modern society – ruling the streams of money across the globe and keeping a tight grip on the world’s economy; What is going on in offices of top level management is kept in a most valuable secrets. Even governments are afraid to get in confrontation with the enormous financial giants. But today we talk to a man who single-handedly fought the corrupt banking system, with no one behind his back; whistleblower Everett Stern is today’s guest on Sophie&Co.”
Geneva II – Syrian Foreign Minister: “The West Publicly Claims to Be Fighting Terrorism, Whilst It Is Covertly Nourishing It.”
Google Lets Slip That It’s Exploring Possible Bitcoin Integration Plans
Silver Update – Silver in Scripture – Parts 2 and 3
Keiser Report: Vassal State of Troika (E553)
“Max Keiser and Stacy Herbert discuss the fact that a vassal state of the Troika has been listed as number 9 in terms of economic freedom by the Heritage Foundation and Wall Street Journal. With that, they ask what is economic freedom in a neo-liberal, hyper-contractualized and financialized world run by big business, big banks and big bureaucrats. In the second half, Max interviews Payu Harris and his attempt to bring Bitcoin and other cryptocurrencies to the Pine Ridge Indian Reservation in South Dakota. Payu suggests cryptos and the blockchain can offer unbreakable, sacrosanct contracts.”
Stranglehold on Free Speech — Tim Orr Demoted For Speaking Out Against Agenda 21 Plans
“Recently, Tim Orr spoke up against the Agenda 21 inspired CSKT Water Compact and, as a result, got busted from his position as Supervisor down to maintenance. Adding insult to injury, Tim also lost his land lease; one he has had for over 30 years. This is the type of punishment that good people face when those in power weave their web of corruption. Tim had a chance to speak in Helena, Montana recently in a forum designed for just that purpose. Please keep in mind that although you may not know Tim personally, he is your neighbor, your brother, and his fight represents your fight. I have included a link to Tim addressing the Water Policy Interim Committee earlier this month.”
The Ukrainian Government is Now Mass Texting Protestors with Warning Messages
“sending mass text messages to protestors warning them that they are being watched.”
The people of the world are watching you, government of Ukraine.
Mexican Citizens Topple Cartels And Are Rewarded With Government Retaliation
cutting off electricity and water to the NSA’s surveillance center at Yakima
Stop the imminent execution of Abdullah al-Qahtani.