TURKEY’S LIRA COLLAPSE MAY TAKE DOWN EUROPEAN BANKS 8-11-2018

I have written several times that Turkey’s Ottoman Sultan want a be, Erdogan is a few bottles short of a six pack. He is now dictator for life, engaged in brazen, military imperialism, and now has a currency collapse to deal with. I also mentioned Pastor David Wilkerson’s “prophecy” from a few years ago. Well, things are now fully in motion for a global economic crisis much worse than the one triggered by the Russian bond defaults in 1997. I can’t stand Alan Greenspan, but even he admitted when Long Term Capital Management imploded from Russian bond losses the entire global economic system came close to crashing and burning. In Turkey’s case, we are dealing with multiple European banks, holding staggering amounts of Turkish debt, that is now essentially worthless. The link below tells more.

https://kingworldnews.com/greyerz-ecb-to-issue-emergency-liquidity-as-turkish-contagion-spreads/

Greyerz – ECB To Issue Emergency Liquidity As Turkish Contagion Spreads

August 11, 2018

Egon von Greyerz:  “Eric, we are often talking about the various problems in the world and what will be the catalyst for a global crisis, which has to happen because of all the risks that we see.  And I now think that Turkey could be a major catalyst…

Egon von Greyerz continues:  “Turkey has massive economic problems, deficits, and their currency is collapsing.  The fact that many banks in the EU have lent money to Turkey will probably lead to a crisis in the European banking system.  As an example, Spain’s second largest banks has lent $18 billion to Turkey, and BNP in France has lent $40 billion.  Many other European banks are involved as well.  

As we have seen, Turkey’s currency is collapsing and gold has been skyrocketing in Turkish lira.  Since 2013, gold is up 4x in Turkish lira.  We have talked about hyperinflation in Venezuela and Argentina.  Well, we are seeing it now in Turkey too, Eric, and it’s going to get worse.  Turkish banks have a lot of currency loans, in US dollars and other currencies, to Turkish borrowers.  That’s 40% of their balance sheets.  That will most likely wipe out the reserves of most of these banks because the clients won’t be able to repay it in Turkish lira.

https://www.zerohedge.com/news/2018-08-11/worst-case-scenario-turkey

“Self-Fulfilling Contagion”: This Is The Worst Case Scenario For Turkey

by Tyler Durden

Sat, 08/11/2018 – 15:50

With Turkey’s inflation soaring to a 15 year high as the ongoing result of a currency in meteoric free fall, coupled with tumbling capital markets and record high interest rates, both from unsustainable domestic imbalances as well as the prospect of a doubling of steel and aluminum tariffs by the Trump administration, and a warning from the ECB about European bank exposure to Turkey…

. traders and investors have expressed growing concerns where potential contagion may strike next, who is most exposed to the Turkish crisis, in the process hitting European stocks and EU banks, and what a “worst case” scenario for Turkey would look like.

To be sure, the FX market’s response this week certainly was swift as the currency plunged by more than 20% since last Friday vs. the USD, with JPMorgan analysts warning that policy options for the Turkish government are limited, as policy rate hikes alone would likely no longer be sufficient and could have been counter-productive as it could exacerbate concerns over the banking system, meanwhile president Erdogan remains staunchly opposed to both an IMF bailout and capital controls for now, the two other emergency escape valves that are traditionally used in similar situations.

Meanwhile, fears are also growing about the viability of the Turkish banking sector, with Goldman recently warning that the banks’ excess capital would be eroded should the Turkish Lira depreciate to 7.1, not too far from its Friday close…

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” is available for sale at the following url
http://www.amazon.com/-/e/B007BRLFYU

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MAN CHARGED WITH SETTING NINE FIRES IN CALIFORNIA 7-29-2018

I would call this African American a terrorist, but in our PC times his actions will be explained away as due to his flunking toilet training. We don’t need to import terrorists and crazies, since we seem to have an ample supply already here in CONUS among our citizens. He may be a Muslim, and he may be just an arsonist, but for sure he has managed to cause millions of dollars in damage all by his lonesome.

Man charged with setting nine fires in California

Here is the jail picture of the person now charged with setting NINE FIRES in California.

The link is here

https://www.zerohedge.com/news/2018-…ern-california

Attached Images

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” is available for sale at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

OREGON GUN GRABBERS AND SANCTUARY STATE SNOWFLAKES FAIL 7-10-2018

In a rare victory for conservatives up here in the People’s Republic of Multnomah county, the Marxist, anti-gun fruitcakes have withdrawn their ballot measure that would have essentially banned nearly all semi-automatic weapons. The reason being the Marxist B%%^^^ Oregon AG, the uber Marxist Rosenstein, messed up the ballot title so badly the even more uber Marxist Oregon Supreme Court rejected it. The gun grabbers then had to regather the 88,000 voter signatures they needed, couldn’t do that, and just gave up. I’m sure they will be back, but they failed miserably. The link is here. Of course, this guy is a RINO, but that is the best we can do here in Oregon.

http://www.wweek.com/news/2018/06/28/secretary-of-state-dennis-richardson-says-gun-control-measures-might-have-made-ballot-with-his-reforms/

By Nigel Jaquiss |

Published June 28

Updated June 28

As a state representative six legislative sessions, Secretary of State Dennis Richardson (R-Central Point) was a strong supporter of gun rights.

That adds some interest to Richardson’s response today to the announcement by gun control supporters that backers of a gun control measure—initiative petition 43—are suspending efforts to make the November ballot.

“Whether I agree or not with a particular cause, I strongly believe Oregonians should have the right to petition their government without the deck stacked against them,” Richardson said in a statement. “I urge the Legislature to adopt the grassroots petition protections that I have consistently advocated.”

Richardson, a Republican, earlier proposed making it more difficult to tie up proposed initiatives with litigation and allowing single-signature petition sheets rather than multi-signature sheets. He backed off those proposals after a torrent of criticism and a lawsuit from Democratic groups.

The other bit of good news is the ballot measure to reverse Oregon’s Sanctuary, or let in all the filthy, disease ridden, criminal, illegal hordes, law has just qualified for the November election. The link is here.

http://www.stoporegonsanctuaries.org/

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” is available for sale at the following url
http://www.amazon.com/-/e/B007BRLFYU

CIVIL WAR TWO: RIOTS IN PORTLAND, OREGON 6-30-2018

For all intents and purposes, the USA is now in the early phases of Civil War Two. The Marxist, Soros funded, media supported, Antifa types are going full bore for a Marxist Revolution. I don’t see how anybody with an IQ above single digits can’t see the level of political violence is totally out of control. I’m talking about death threats to the family members of Federal officials, ie Baron Trump, the family of the FCC head, and the dumping of a dead animal on an official’s front porch. Maxine Walters is in a class all by herself. Finally, well you need to prepare for armed resistance, because you will be killing Antifa types soon enough, because they will be killing you even sooner. The physical violence now coming the left is the last place marker before Civil War Two breaks out, as in dead bodies. Perhaps I am more tuned to this given the ongoing political violence here in downtown Portland.

Here is the link to today’s riots in Downtown Portland, Oregon. The whore media is in fine form with its drivel reporting. It is a fact the antifa types always start the violence against the “right wing groups.” It is a fact that the castrated, political correct Portland Police do nothing when the Antifa types attack the “right wing,” protesters. It is a fact the PPD then arrests any “right wing” protester who defends himself from being attacked. It is Sieg Heil time here in Portland, and the true Nazis are the local police, the local politicians and the local Antifa FASCISTS who use violence as a political tool.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” is available for sale at the following url
http://www.amazon.com/-/e/B007BRLFYU

http://katu.com/news/local/dueling-protests-expected-in-downtown-portland-saturday-again

PORTLAND, Ore. — Portland Police declared an out-of-control protest in downtown Portland a riot Saturday, and ordered everyone to leave the area immediately.

Authorities deployed flash bangs and tear gas as dueling protesters threw fireworks, eggs and other objects at each other.

Police made several probable cause arrests at the riot and seized multiple weapons.

WATCH:

The “Freedom and Courage” rally hosted by the right-wing Patriot Prayer group and its well-known leader, Joey Gibson, gathered at Terry Schrunk Plaza before taking to the streets. The group was granted a permit for the march, but police canceled it once violence ensued.

A heavy presence of antifa (antifascist) protesters gathered in the area for a “Defend PDX: Patriot Prayer’s Violence Must End” rally. The protest, hosted by the Rose City Antifa, said “it is very important that antifascists keep up the pressure so that we can stop them once and for all,” in reference to the far-right Patriot Prayer group.

For hours, the two groups mostly yelled at each other, but once the Patriot Prayer members mobilized the situation quickly spiraled into violence.

Joey Gibson, who is currently a U.S. Senate candidate for Washington, made a long speech to his group at Terry Schrunk Plaza before the march. Many Patriot Prayer members wore “Gibson for Senate” T-shirts while singing along to “We Will Rock You” by Queen at the rally.

Members of the Vancouver-based group arrived at Saturday’s event on school buses.

“Courage is the backbone to freedom,” reads the description on the ‘Freedom and Courage’ rally event page. “The nation is EXTREMELY angry about how Portland citizens treated Freedom Loving Americans who marched in the streets of this dangerous city.”

On June 3, the same two groups clashed in downtown Portland at — you guessed it —Terry Schrunk Plaza.

The early June event was labeled by Patriot Prayer as a kind of going away celebration for one of their leaders: Tusitala Toese, also known as “Tiny.”

Four people were arrested at that protest.

A heavy law enforcement presence infiltrated downtown Portland Saturday due to past threats and acts of violence between the two groups. Department of Homeland Security officers were also present at the plaza, as Terry Schrunk is federal property.

Micah Fletcher, the young man who survived a brutal stabbing on a Portland MAX train last year was spotted at Saturday’s antifa protest playing the drums for a brass band. Fletcher has outwardly decried the Patriot Prayer group, of which the stabbing suspect Jeremy Christian associated himself with at a rally one month before the deadly May 2017 incident.

The leaders of Patriot Prayer have said Christian had nothing to do with their organization, lambasting his actions.

After police ordered everyone out of the street Saturday, the Patriot Prayer group returned to Terry Schrunk Plaza, and the antifa group returned to Chapman Square.

Police shut down Chapman Square and Lownsdale Square a short time later, and the Federal Protective Service eventually shut down Terry Schrunk Plaza — forcing the Patriot Prayer event to shutdown.

AMERICA’S FOUR POLITICAL PARTIES 6-27-2018

I think it is pretty clear that the USA now has four political parties now. First, we have the RINO, Republican in Name Only, wing of the current Republican Party. Next, we have the so called “Trump wing,” of the current Republican Party. The current Democratic Party has also split into two separate groups. The first being the nearly extinct, perhaps they should be put on the endangered species list, of what used to called a “Centrist Democrat.” Like I said, they are pretty much gone by now. They have been impaled on “identity politics,” and the race baiting, bigotry now infesting what is called the DNC. The second wing of the DNC is the hard left, socialist, Marxist best understood as “Berniebots.” The Berniebots  have never forgotten, much less forgiven, the DNC for stealing the nomination from Bernie Sanders and giving it to Hellary the Shrew. As such, the fundamental divide is between Berniebots and Clintonistas, although even the Clintonistas loathe Hillary the Shrew now. The current leadership of the DNC, Pelosi, and her now primary eliminated number two represent everything the Berniebots hate about the DNC.

Here in the USA we have this two political party fantasy that is constantly dredged up and presented as a choice between two separate political views. Sorry, but the only political party is the uni party. The uni party has one group the Democrats that wants to go full socialist/Marxist mode as fast as possible, like taking a freeway,  and one group, the Republicans that wants to go full Socialist/Marxist mode a little slower. It is the difference between going 80 mph on a four lane highway, or going 50 miles an hour on a back round. In both cases the USA will end up a Marxist dictatorship, with the only difference being how fast we become on. We still have Mussolini’s famous description of fascism as the merger of the government and the corporations. Well, we live in an oligarchy, with a merged, fascist government/corporate modus operandi. If you don’t believe me, then look at the recent merger activity, like with Disney and Fox, or ATT and Time Warner. It is a fact that six corporations now control essentially all media here in the USA. After the  two mergers, it will likely be four corporations. Given the fact that one of the heiress’ to the Seagram’s media empire was just indicted for child molestation, you can see the pedophiles are increasing their control of the matrix.

I realize some of you believe this Q nonsense because you want to believe America isn’t a corrupt, venal, fascist, oligarchy, run by people who like to rape little children and steal everything not nailed down. Sorry, but the USA is a corrupt, venal, fascist, oligarchy, run by people who like to rape children and steal everything not nailed down. Trump isn’t going to change that either. At best, Trump may be able to get a Supreme Court conservative majority, or one that provides oral service to their corporate masters, and Trump has at least revealed the slime under the rock, but that is about it. After 18 months, multiple “investigations,” the fact that nobody has been indicted, much less tried and convicted, for any of the multiple felonies pretty much says it all. The Deep State has simply outlasted us deplorables. Trump, well he gave it his best shot and came up short.

My personal advice is you should kick back and enjoy the collapse of our dysfunctional, increasingly violent, and even more increasingly deranged US society. It is going to be a wild ride, of that I have now doubt. Unfortunately, we are now in the early phases of Civil War Two. You can believe that or not. Whether you believe that or not, the level of political violence will only increase. You can trust me on that. Since I live in Portland, Oregon I am well aware of the raw hatred and venom the leftists feel for people who read my blog. Any time I want to commit suicide, all I have to do is wear a MAGA hat and then walk around downtown Portland. I would measure my life expectancy in nano-seconds.

Amigos,  I am telling you we are living in a truly amazing time period. The reason being we are like some Roman watching the barbarians ride up to the gates of Rome in 409 AD.  Only in the case of the USA, the barbarians are no longer outside the city walls, because they are inside the city walls. Further, we have not only barbarians inside our gates, like the Muslim terrorists, and the M-13 illegal psychos, but we have ourselves too. Like the man said, the enemy is us. Yep, we are our own barbarians now. I suggest, as you enjoy what may be the final warm summer once the Grand Solar Minimum starts to kick in, you ponder all I have written.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

 

 

 

KILAUEA, VOLCANOES AND THE GRAND SOLAR MINIMUM 6-17-2018

In addition to everything else going on right now, in terms of human folly, we are also dealing with natural cycles impacting human life. Here is the link to a live view of the Kilauea crater/caldera. My view is there is now a fifty percent chance of a volcanic eruption at either the expanding crater, or fissure eight forming a volcanic crater.

Here is a link to the latest from Grand Solar Minimum Update for 6-17-2018 with Diamond of Oppenheimer Ranch.

It includes video of the ongoing eruptions in Japan, the new eruption on the Galapagos Islands, and the continuing collapse of the caldera at Kilauea. I will remind everybody that volcanic eruptions spew large amounts of atmospheric aerosols, ie dirt and rock, toxic gases, and other particulate matter high into the stratosphere. Once there, all this “volcanic stuff,” circles the globe, and blocks sunlight. It is the volcanic version of the famous “nuclear winter.” We have multiple, historic examples, like 1816’s “year with no summer,” or Iceland’s volcano eruption of 1783. It was the 1783 Iceland eruption that resulted in several years of crop failures in Europe. The final result of that particular eruption was the French Revolution of 1789. At any rate, to quote GSM, ” it will lead to the collapse of Empires.” We already seeing crop damage, from hail, cold and wind. I highly suggest you add to your food stockpiles.

In my case, although I see what is happening, and have for several decades, well let’s just say, I am going down with the Empire. I will leave with three quotes on death, which is what we all face, some sooner, and some later. Bluntly put, what we called the “mass die off,” way back in the much quainter times of pre Y2K, is soon to start. It may result from this new “Disease X,” and a global pandemic, or it may result from mass starvation from agricultural failure from the now underway Grand Solar Minimum.  It is upon us, to quote Denathor, Steward of Gondor in the Lord of the Rings triology, to Merry Pippin, “Go and die as you see fit.”

The first quote is: The Man Who Knows His Fate Knows No Fear. Lord Kageshita of Japan.

The second quote is: If you fear death, you are already dead.

The third quote is: To Live the Inferior Life is Worthless.

The fourth quote is: If you are not afraid of death, you are in control of life.

I am saying that natural, ecological and solar cycles are now starting to impact daily human life on Planet Earth. I also suggest you prepare yourself for what is now starting to happen, including the spiritual aspects.

CHINA’S BIRD FLU, DOOM PORN AND GLOBAL DISEASE PANDEMIC 6-16-2018

First, it looks like the GFS models were way off relating to potential Gulf of Mexico Hurricanes this weekend. I’m glad to be wrong, and have no problem admitting when I am wrong, or quote sources that are wrong. Houston, Texas, enjoy the weekend.

Next, we have the Ebola epidemic in Africa, which is, according to the WHO and CDC had no cases the last three weeks.  According to the official data, the number of cases actually went down from 62 to 55. The three patients fled the hospital, went to the prayer meeting, died a few hours later, and, according to the CDC and WHO not one single infection resulted from that exposure. Again, the official total, as of June 10th, is a total of 55 cases, which is almost exactly the same as the month before. The CDC and WHO would have us believe that not a single new Ebola infection has happened since May 21st, despite the three infected Ebola patients running around the city.

Finally, we have this prime example of Doom porn over at Zerohedge. The use of term “Disease X,” is classic. The threat of “three mutations away from a global pandemic,” is also classic, especially when the article quotes a disease expert in the body of the article saying that is nearly impossible. Obviously, something is going on in China related to the bird flu. Obviously, over 600 people have died, and the disease has a kill rate of 40 percent. A flu that has a 40 percent kill rate is lethal indeed, once you factor in a normal flu with a kill rate under ten percent. Viral and bacterial infections want a low kill rate to help them spread. If a virus of bacteria kills nearly everybody who gets infected, it will die out rapidly. At any rate, both the link, and my thoughts about it are below.

EBOLA IN AFRICA AND NEW BIRD FLU IN CHINA 6-15-2018

We are always about one infected person, and one plane ride away from a global pandemic. It looks like the latest version of the bird flu is now loose in China. A flu that has a 40 percent kill rate, is a very dangerous one. The usual kill rate for flu is below ten percent. If this one makes the “three mutations,” the article talks about, then Katy bar the doors.

Disease experts have long feared what is called the “China soup.” The soup being farms, water, ducks/chickens, bird feces, and a billion people or more. When you mix that all up, you end up with bird flu.

the link is here. Now this story is prime doom porn, when you read the fine print. Disease X is a masterstroke of doom porn.

https://www.zerohedge.com/news/2018-…00s-dead-china

‘DISEASE X’: New Strain Of Bird Flu Kills 40% Of Those Who Contract, 100s Dead In China
Profile picture for user Tyler Durden
by Tyler Durden
Fri, 06/15/2018 – 20:25

A “new” strain of deadly bird flu dubbed “Disease X” by the World Health Organization (WHO) has killed hundreds of people in China, and is just three mutations away from becoming transmissible between humans, according to experts.

The strain, H7N9, circulates in poultry and has killed 623 people out of 1,625 infected in China – a mortality rate of 38.3%. While first identified in China in 2013, H7N9 has recently emerged as a serious threat seemingly overnight.

rofessor Jonathan Van-Tam, deputy chief medical officer for the UK, told The Telegraph that H7N9 could cause a global outbreak.

“[H7N9] is an example of another virus which has proven its ability to transmit from birds to humans,” said Van-Tam, who added “It’s possible that it could be the cause of the next pandemic.”

The WHO says N7N9 is “an unusually dangerous virus for humans,” and “one of the most lethal influenza viruses that we’ve seen so far”

H7N9 viruses have several features typically associated with human influenza viruses and therefore possess pandemic potential and need to be monitored closely,” said Dr. Yoshihiro Kawaoka of the University of Wisconsin-Madison.

Researchers led by James Paulson of the Scripps Research Institute in California have been studying the mutations which could potentially occur in H7N9’s genome to allow for human-to-human infection.

The team’s findings, published in the journal PLoS Pathogens on Thursday, showed that in laboratory tests, mutations in three amino acids made the virus more able to bind to human cells — suggesting these changes are key to making the virus more dangerous to people. -Japan Times

That said, the mutations would need to occur relatively close to each other to become more virulent, which has a low probability of happening according to Fiona Culley, an expert in respiratory immunology at Imperial College London.

“Some of the individual mutations have been seen naturally … these combinations of mutations have not,” and added: “The chances of all three occurring together is relatively low.”

Wenday Barclay, a virologist and flu specialist also at Imperial College says the study’s findings reinforce the need to keep the H7N9 bird flu under close surveillance.

“These studies keep H7N9 virus high on the list of viruses we should be concerned about,” she said. “The more people infected, the higher the chance that the lethal combination of mutations could occur.”

According to the CDC, Human infections with bird flu viruses can happen when enough virus gets into a person’s eyes, nose or mouth, or is inhaled. This can happen when virus is in the air (in droplets or possibly dust) and a person breathes it in, or when a person touches something that has virus on it then touches their mouth, eyes or nose.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU