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Get Ready for Crazy
Hold your real assets outside of the system in a private, non-government regulated, international facility --> http://www.321gold.com/info/053015_sprott.html
Get Ready for Crazy
Written by Jeff Thomas (CLICK FOR ORIGINAL)
Recently, the Honduras homes and businesses of the family of Jaime Rosenthal were raided by the Honduran government. The properties themselves were seized and other assets taken. The family-owned bank was also seized and has been forced into liquidation, creating potential financial crisis for its 220,000 clients.
Throngs of angry clients, unable to go about their personal and professional business, have blocked surrounding streets, demanding the release of their savings.
In response, the government has promised that each depositor will have the opportunity to withdraw up to US$9,600 from other banks, beginning with the smallest depositors.
At first glance, those of us who live in the First World may regard this sort of crazy seizure as typical Third World governmental behaviour, but, in recent years, the First World has been changing. We’ve witnessed banks and governments confiscating depositors’ funds, increasing capital controls, and instituting asset forfeiture laws that have turned police departments into looters. They’ve created dramatically increased powers for all authorities, leading the populace to live in fear of detention or arrest for the smallest perceived infraction.
Some First World governments have taken a decidedly Third World turn.
And in this instance we see an ironic twist: The raids in Third World Honduras were a direct result of the legalised shakedowns that are occurring in the First World.
With the understanding that the U.S. government now seizes the assets of those they charge with a crime (and sometimes with no charge having been made), the government of Honduras undertook their seizure of the Rosenthals’ assets as a preemptive act, after one of the Rosenthals had been arrested in the U.S.
In essence, what we’re seeing is one government acting in a totalitarian manner to preempt another government acting in a totalitarian manner. Worse, the latter government is that of the U.S., once regarded as the leader of the Free World.
In discussing the event with a colleague in Honduras, I was advised that, as she is British, she has come to assume that the First World, into which she had been born, was more developed, more civilised than the Central American country in which she now resides. Although she was aware of the 2013 bank confiscation in Cyprus and has heard rumblings of new restrictive laws in the EU and U.S., she had not pieced together the fact that, whilst Third World countries continue to develop, the First World is going in the opposite direction and is beginning to pass the Third World level on their way down.
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Apparently Jeff Thomas didn't get the memo: GDP FIGURES ARE TOTAL BULLSHIT.
Rosenthal?
what fucking bullshit if sprott thinks their "holdings" cant be confiscated LOL... SPROTT managed Rakesh Saxena's ill begoten funds for years now they want to be a saviour of the citizen's gold
LMAOF
I remember when, I remember, I remember when I lost my mind
There was something so pleasant about that place.
Even your emotions had an echo
In so much space
And when you're out there
Without care,
Yeah, I was out of touch
But it wasn't because I didn't know enough
I just knew too much
Does that make me crazy?
Does that make me crazy?
Does that make me crazy?
Possibly
And I hope that you are having the time of your life
But think twice, that's my only advice
Come on now, who do you, who do you, who do you, who do you think you are,
Ha ha ha bless your soul
You really think you're in control
Well, I think you're crazy
I think you're crazy
I think you're crazy
Just like me
My heroes had the heart to lose their lives out on a limb
And all I remember is thinking, I want to be like them
Ever since I was little, ever since I was little it looked like fun
And it's no coincidence I've come
And I can die when I'm done
Maybe I'm crazy
Maybe you're crazy
Maybe we're crazy
Probably
Uh, uh
The C rating on this article provides an insight into the low financial understanding of the current participants in the ZH rating system. There’s nothing more appropriate for ZH than this Sprott Money article.
The A rating on this article provides an insight into the low financial understanding of JR.
I gave it an F rating because: a) the graphic has nothing to do with the article and b) The reason Russia GDP growth is so low is because of the well-engineered decline in oil prices by US and certain towel-headed allies. That this was not even mentioned deserves mention.
North America growing at 3.2%?? You must be smoking dope, or worse listening to Yellen's blathering.
If we can break 2% it will be a happy surprise for everyone.
Get ready for crazy?
Jeff Thomas, did you just wake up from a seven year coma?
What the fuck was that... A dimwitted version of an "advatorial" for some fly by night gold thingy?
Good lord...
A Rehypothocated to shit banking system. Just waiting to be nationalized by the IMF. In order to bail in the member government gravy trains.
Ok these cats are on crack.
Its Bizzarro world and I where my batshit crazy tinfoil hat label with pride.
Anything that gets the Joosh and micro percenter banks dead and buried is fine by me.
Tinfoil suit to defend from the klingon Cocksucker Death Rays From Uranus worn with pride here.
This article is ridiculous. Shutting down Jewish banks can only be a good thing. Jewish "people" are the scum of the earth.
El Gringo = security state plant?
All of this is fucking irrelevant in a world that uses "mark to fantasy" accounting.
I am working on a counseling program for AI computers. I think this should add quite a bit to the GDP.
If yous guys will gofundLmo I can get started right away. Well, after I get the car anyway.
Way to defend the Jewish cartel oligarchy dude!
"Hold your real assets outside of the system in a private, non-government regulated, international facility" -
Like you would ever see it again; great idea. How about hiding it somewhere close; that way if you don't get the use of it, then no one does.
yeah i would say private and non-government regulated is an oxymoron. so how exactly does private and regulated work? private and international? would that be a mulitnational corporation?
Which GDP number counts? GDP = Gross Domestic Propaganda
The USSA definitely leads in that category.
To state the obvious: The world does not need a GDP increase. Only the banks need a GDP increase, which will be used to fund increased borrowing to cover interest payments.
First World countries assume they own the Third World countries. Like little people everywhere, they do their best to avoid being stepped on by the huge financial sociopaths. Kinda like little mammals hiding and avoiding a confrontation with T-Rex.
Hey, fellas… I’ve got a private, non-government regulated, international facility located in my basement.
I will store your gold for you. Get this, I accept FED-Bux for the storage fees.
Big deal if they confiscate my Debit Mastercard with my money held offshore in a non-bank institution.
Dovie'andi se tovya sagain (It's time to toss the dice)
The Daily Economist
You forgot the "-" sign in front of the North American GDP figure
Bear in mind this is the Economist, so misrepresented data are guaranteed.
Becoming a third world country is purely a first world problem.
It's getting bad out there, and it will continue until we finally see the man behind the green curtain.
Becoming a third world country is purely a first world psycopaths agenda. Hope you don't mind the edit. Good weekend!