(If you can’t view the Youtube below, you might be able to view here instead, h/t James)
![]() |
(If you can’t view the Youtube below, you might be able to view here instead, h/t James)
![]() |
Stacy Summary: Russia’s heatwave costs are expected to total up to $15 billion; shaving 1 percent off GDP
![]() |
Stacy Summary: It gets worse and worse for Moscow; this is not going to help their bond market. And we’ll have to wait and see if force majeure is declared on these Russian wheat contracts and, if so, what the knock on effect will be.
![]() |
Stacy Summary: Russia’s heatwave expected to continue for at least another week.
Related:
![]() |
Stacy Summary: Good morning y’all. I see that the Greek government is incurring more odious debt on behalf of the Greek population, so let’s place some bets here . . . how many islands will have been sold to various oligarchs and/or private equity and sovereign wealth funds by 2020? And then, once again, more evidence that warmer temperatures might give Russia more access to resources below the formerly known as Arctic icecap, but is not yet that anticipated positive to their agricultural sector.
![]() |
Stacy Summary: You can’t defraud nature. We can try to throw all the fractional reserve, fiat trickery at it, but the true cost will always be charged. Wheat prices rise to 14 month high as 32 pc of Russian cropland devastated by record high temperatures & Canadian crops damaged by ‘excessive rain.’
![]() |
Stacy Summary: Convergence of global police state following the sci-fi script to the word. Re: the second story, I included quotes that support my hypothesis that the intelligence services are looking for crowd-sourced analysis.
Choice quotes.
First this one that could have come from Sumner “We’re not going to kill him” Redstone:
This appears to be the first time, however, that the intelligence community and Google have funded the same startup, at the same time. No one is accusing Google of directly collaborating with the CIA
And this:
America’s spy services have become increasingly interested in mining “open source intelligence” — information that’s publicly available, but often hidden in the daily avalanche of TV shows, newspaper articles, blog posts, online videos and radio reports.“Secret information isn’t always the brass ring in our profession,” then CIA-director General Michael Hayden told a conference in 2008. “In fact, there’s a real satisfaction in solving a problem or answering a tough question with information that someone was dumb enough to leave out in the open.”
**Update**
And if you can’t even prove you don’t owe zero cents, how can you prove you weren’t going to commit that crime they ‘predict’ you were going to commit? Comcast threatens to cut off service unless customer pays the $0.00 he owes
**Update 2**
**Update 3**
![]() |
Posted in Headlines
Tagged cia, fbi, fsb, future crime, google, howard zinn, pre-crime, russia
Stacy Summary: I do laugh when shriekers and employees of the House of Saud drop by, “stick to finance, babe, don’t write about climate change.” As if the two can be separated.
High temperatures, which rose to a record 37.4 Celsius (99 Fahrenheit) yesterday in Moscow, have damaged 32 percent of land under cultivation and forced Russia to declare states of emergency in 23 regions. Grain prices may double this year because of the drought, according to the Grain Producers’ Union.
Inflation may quicken to 8.1 percent by the end of December, compared with the government’s annual forecast of 6 percent, according to Yaroslav Lissovolik, Deutsche Bank AG’s head of research in Moscow. That will put pressure on Bank Rossii to raise its benchmark rate by year-end for the first time since December 2008, said Natalia Orlova, Moscow-based chief economist at Alfa Bank.
Higher rates “may cause a correction in short-term sovereign bonds and, later, in long-term sovereign bonds,” said Evgeniy Nadorshin, senior economist at Trust Investment Bank in Moscow.
Peat fires cover Moscow in smoke (photo from Nasa)
![]() |
Stacy Summary: I found this video interview with Chris Whalen via Jesse’s Cafe Americain. And here is another article from his site with some great, if scary, charts (see one below) about the recent deterioration in the US housing market.
Pending home sales:
![]() |
Posted in Headlines
Tagged double dip, fdic, federal reserve, finreg, germany, gold, housing, jesse's cafe americain, jim rickards, nouriel roubini, resolution authority, russia, sheila bair
Stacy Summary: Here is a video of the radio show! I didn’t even know they were recording it on video. Here is a link to the transcript.
![]() |
Posted in Max Keiser Audio, Max Keiser Video
Tagged max keiser, radio, russia, stacy herbert
Stacy Summary: The next stage of the global crisis is clearly happening in the currency grid, led by the collapsing reserve currency.
![]() |