Most People Don’t Believe It, But We Are Right On Schedule For The Next Financial Crash

People have such short memories.  Even though we are repeating so many of the same patterns that we witnessed in 2000-2001 and 2007-2008, most people do not think that another financial crash is coming.  In fact, with the stock market setting record high after record high lately, I have been taking quite a bit of criticism for my relentless warnings about the coming financial storm.  Many of the comments go something like this: "Snyder you are a moron!  Nothing you say ever comes true.  The stock market is going to keep on rocking and Obama is going to lead this country back to greatness.  I hope that you choke on all of your doom and gloom."  Of course these critics never offer any hard evidence that I have been wrong about anything.  They just assume that since the stock market has soared to unprecedented heights that all of us "bears" must have been wrong.

But the truth is that what we are observing right now is classic bubble behavior.  The stock market crashes of 1929, 1987 and 2008 were all preceded by irrational market rallies in the spring or summer.  The financial markets have become completely divorced from economic reality, and such a state of affairs never lasts forever.  It is just a matter of time before a correction comes.

But every time there is a bubble, most people end up getting caught up in all of the euphoria.  And it is happening again.  In fact, CNBC has just reported that bearishness among market newsletter writers is the lowest that it has been since 1987.  But of course we all remember what happened back in 1987...

Professional investors haven't had this little fear about stocks since Ronald Reagan was president.

It was the same year Michael Jackson told us in a song he was "Bad." The New York Giants won the Super Bowl.

And oh yeah ... by the way ... the stock market crashed.

As gauged by the weekly Investors Intelligence report, bearishness among market newsletter writers has fallen to 13.3 percent, a level it has not seen since 1987 as the market continues to set new highs despite a seemingly endless call for a long-overdue correction.

People need to understand that just because something has not happened yet does not mean that it is not going to happen.

In this day and age, we have extremely short attention spans and we do not have the patience to wait for much of anything.  But the financial world is not a game of checkers.  It is a game of chess where things can take an extended period of time to play out.

Those that are mocking those of us that are bearish should consider where we stand financially in comparison to previous crash cycles.  For example, the derivatives bubble is 20 percent larger than it was back in 2008, the "too big to fail banks" are 37 percent larger than they were back in 2008 and global debt levels are 40 percent larger than they were back in 2008.

In other words, many of our long-term economic problems are a lot worse than they were just prior to the last major financial meltdown.

But most people pay such little attention to the fundamentals these days.  All they can see is that little stock market ticker going up and up and up.

Other analysts with much stronger credentials than I are issuing similar ominous warnings about what is ahead for the financial markets.

For example, Nobel Prize-winning economist Robert Shiller is warning that market valuations are tremendously bloated right now...

Shiller, a Yale University professor who is often cited as one of the most influential people in economics and finance in the world, created a metric that compares stock prices with corporate profits. The metric recently climbed above 25. That level has only been surpassed three times since 1881: 1929, 1999 and 2007.

Steep market tumbles followed each instance, including the bursting of the dotcom bubble in the early 2000s.

But it doesn't take a genius to see this.

Just look at the chart of the NASDAQ that I have posted below.  The "dotcom bubble" in 2000 is really easy to see.  So why can't more people recognize the bubble that is happening now?...

In so many ways this bubble is reminiscent of the "dotcom bubble" of 14 years ago.  Consider the following numbers from a recent article by Brett Arends...

When you look at medians, or in other words the typical stock, valuations are higher today than they were at the peak in 1999-2000.

For example, the median stock today is 20 times earnings. In January 2000, it was 16 times.

The median stock today trades at 2.5 times “book” or net asset value. At the start of 2000 it was just 2.2 times.

The median stock today trades for 1.8 times annual per-share revenues. In 2000: just 1.4 times.

What we are experiencing is not normal.

And this is especially true considering the fact that our overall economic performance is tepid at best.

A stock market correction is coming.

But you don't have to take my word for it.  Some of the most prominent names in the financial world are warning about the coming correction.  Two of them were recently interviewed by CNBC...

A jolt to international confidence in central banks will lead to a 30 to 60 percent market decline, David Tice, president of Tice Capital and founder of the Prudent Bear Fund, told CNBC's "Power Lunch." When this happens, he said, markets will face a "period of extreme turmoil."

This crash will be precipitated, he said, by a disillusionment with the Federal Reserve's "confidence game," which will then see inflation rise, and the Fed scramble to raise rates. At that point, Tice added, "the Fed starts to lose control."

Another market watcher also called for an impending fall.

The Fed's low interest rates could bring a "scary" 50-60 percent market correction, said technical analyst Abigail Doolittle.

"Unfortunately, I think it could come on a crash similar to what happened in 2007," Doolittle, the founder of Peak Theories Research, said on "Squawk Box" a day after the S&P 500 closed above the 2,000 level for the first time ever. "It's tough to know what the exact catalyst will be. But that's the very nature of that kind of selloff. They start slowly and then happen very suddenly."

And as Zero Hedge has pointed out, billionaires such as Sam Zell, George Soros, Stan Druckenmiller and Carl Icahn all seem to be "quietly preparing" for the next crash.

Yes, the next financial crash has taken longer to come to fruition than many had anticipated.  But as I have discussed so many times before, this is a very good thing.  We should want this period of relative stability to last for as long as possible.  The longer that things remain relatively stable, the longer that all of us have to prepare and to position ourselves for the financial chaos that is coming.

At this point, the fact that we are in the midst of a massive financial bubble has become so obvious that even the Bank for International Settlements is publicly talking about it...

Financial markets have been exuberant over the past year, [...] dancing mainly to the tune of central bank decisions. Volatility in equity, fixed income and foreign exchange markets has sagged to historical lows.Obviously, market participants are pricing in hardly any risks.

Many have expected me to "change my tune" about the coming collapse because of how well the stock market has been performing.

Well, that simply is not going to happen.

Our economic fundamentals have continued to deteriorate, and our financial system is in far worse shape than it was just prior to the financial crash of 2008.

The truth is that we are right on schedule for the next great financial crash.

You can choose to ignore the warnings if you would like, but ultimately time will reveal who was right and who was wrong.

Credit to Economic Collapse

'NATO spearhead force shows turn from defense to offense'

Zombies in the Bible?

NATO agrees to form joint rapid-action force

Alliance agrees at UK summit to establish a "spearhead force" able to be deployed in a short time, NATO chief says.

Anders Fogh Rasmussen, the NATO secretary-general, has said that the military alliance has agreed a readiness action plan to strengthen the organisation's capabilities, including the establishment of a rapid-action force.

The development comes on a busy day in terms of diplomacy for the Ukraine crisis, with NATO leaders holding the second day of a summit in Wales and ceasefire talks scheduled to take place in the Belarusian capital.

Speaking at a news conference in Newport, Wales, Rasmussen said: "We agreed to form a spearhead force to be able to be deployed in short time."

"This will include land troops ready to deploy in a few days supported by air and sea."

He added that NATO will also form a command centre in eastern allied territory.

In what he said was a message to potential aggressors, Rasmussem said the measures were being implemented: "So we can deal swiftly and firmly with threats.

"If you threaten one ally, you will face the whole alliance … NATO remains strong ready and responsive for future challenges wherever they may come from."

On Thursday, Rasmussen had told the Kremlin to pull back Russian troops from Ukraine and to stop supporting rebels in eastern Ukraine.

Meanwhile, Ukrainian President Petro Poroshenko and the main pro-Russian rebel leader said they would both order ceasefires on Friday, provided that an agreement is reached on a new peace plan in Minsk to end the five-month war in Ukraine's east.

The annoucements came after a week in which the pro-Moscow separatists scored major victories with what NATO says is the open support of thousands of Russian troops and armour.

Speaking on the sidelines of the NATO summit near the Welsh city of Newport, Poroshenko said the ceasefire would be conditional on the planned meeting going ahead in Minsk of envoys from Ukraine, Russia and Europe's OSCE security and rights watchdog.

"At 14:00 local time [11:00 GMT on Friday], provided the meeting takes place, I will call on the general staff to set up a bilateral ceasefire and we hope that the implementation of the peace plan will begin tomorrow," he told reporters.

Credit to Al Jazeera

Beware of the UN Takeover of American Water Supplies

Millions of children under five die every year due to toxic germ-infested unsafe drinking water. This means that almost four babies a minute die from a lack of water according to UN-Water’s estimations. In the 2014 World Water Report released on the eve of World Water Day, the UN said that 768 million people do not have adequate access to  water, 2.5 billion do not have access to improved sanitation. Among the deprived are a significant number of people in Detroit. It would seem that the problems of the third world are being visited upon Detroit and soon the rest of the country.

Obama Refuses to Bail Out the People of Detroit

In the Obama world of corporate handouts, Obama refuses to help the people of Detroit.

Obama has taken American taxpayer funds to bail out the privately owned General Motors. Obama has helped himself to the same pot of money and has devastated this country by bailing out key Wall Street businesses (e.g. Goldman Sachs). However, when it comes to helping 700,000 residents of Detroit, they are not worthy of an Obama bailout, even when their health and their very lives are being put in danger by severe third world economic conditions that are currently present in Detroit.

Detroit is trying to come to grips with its newly founded Chapter 9 Bankruptcy plan that includes a significant loss of pension benefits for retired city employees.  However, the most devastating part of the Detroit financial crisis may not be the loss of pension benefits, it is the access to clean drinking water. Today, Detroit is a city in which nearly 50% of the residents will soon have no access to clean drinking water. Yes, that is correct, nearly half of the residents in Detroit, cannot obtain clean water and this has become a serious life crisis. Detroit Water and Sewerage Department (DWSD) announced it would send shut-off notices to customers with balances more than $150 past due or who are more than 60 days behind in their water payments. The department, has stated that nearly 50% of Detroit’s 324,000 water bills are overdue. Already, 4,500 accounts have had their water shut off by DWSD. This is a looming health crisis of epic proportions!

Obama, the Great American Trojan Horse

Obama’s refusal to involve himself in helping the people of Detroit in such a stark contradiction of his constitutionally mandated priorities, is yet another example of Obama’s Treason Quotient.

Both history and current events demonstrate that the more debt  a country acquires, the more at risk that country has with regard to losing control over its infrastructure and in particular, its water supplies to private interests.

Beware of the UN Trojan Horse

Remember, the UN is the purveyor of Agenda 21. Control of all water is an essential element of Agenda 21.

In Detroit, it has not taken long for the unholy reach of CPS to involve themselves into the business of child-snatching when the water is shut off. CPS has immediately moved to take children from their parents for the crime of being poor. The U.N. Special Rapporteur on extreme poverty and human rights, Leilana Farha, has even expressed concern over the involvement of CPS. However, beware of the UN Trojan Horse, as the UN’s solution to this crisis is a case of the cure being worse than the illness.

After reading this section of the report on the Detroit water crisis, it will be apparent why Obama has refused to bail out the people of Detroit, even as the people face an extreme crisis. It should also be pointed out DWSD is not threatening similar water shut-offs against its corporate clients such as Detroit Public Safety, the Palmer Golf Club, the Joe Louis Arena/Red Wings Hockey and Ford Field.

Clearly, Obama was waiting for the United Nations to interject themselves into Detroit and recently, this is exactly what has happened.

Not to worry, the United Nations has promised to intervene in the Detroit water crisis. The U.N. High Commission on Human Rights special rapporteur on safe water and sanitation, Catarina de Albuquerque, is in possession of a mandate which dictates that she must directly intervene with the U.S. government, first in a confidential manner and then in a public manner.

What do countries do when they are being strangled by debt? The answer is simple, the United Nations asserts its authority to intervene, in the name of human rights and then they bring in their corporate partners for fun and profit. On the UN’s website they fully admit to resorting to facilitating corporate involvement when there is a water crisis.

As America’s aging infrastructure falls further into disrepair, the various levels of government will be forced to borrow more money in order to keep its water supplies safe. This has been done before and the results were devastating to the country borrowing money.

Examples of UN NGO Involvement In Previous Water Crises

Bolivia, in 2000, is the poster child for what happens to a country when it lets the UN and its partner, the World Bank, has when it can convince governmental leaders to borrow money to fix its water issues. The Bolivian case in point is exemplified by the fact that the country borrowed money from the predatory World Bank in order to fix its water issues. The World Bank brought in Bechtel Corporation to fix Bolivia’s water issues, however, Bolivia predictably defaulted on its World Bank loan obligations and their water supplies went into receivership as prices skyrocketed by 400%. Further the Bolivians lost the right to trap rainwater and reuse irrigation water.

The exact scheme is also underway in Lima, Peru, where the typical poor family pays private vendors up to $3 per cubic meter to collect contaminated water in buckets while the elite pay 30 cents per cubic meter for treated water that pours out of taps in their homes. Also, in India, some families spend a quarter of their income on water. Debt manipulation, for the ultimate purpose of controlling water, is not just in play in the third world. Very soon, America’s crushing debt load combined with a quickly declining water infrastructure will lead officials in the US.

The derivative debt has paralyzed the economies of Europe and the United States. Debt default, followed by the banker bailouts will lead to private entities controlling our essential resources.

How long will it be until the globalists have to bail out the American economy while we continue on our trek towards unsustainable debt? When America’s economy falters, the bankers, armed with their central bank printing presses, will come to the rescue. The price for their intervention, judging by what happened in Bolivia, will be the total control over our infrastructure. Collecting rainwater and purifying stream water to drink, have already become illegal acts. As the UN has recently called for, all water will eventually be obtained through the public private partnership corporations and you can bet, as history has set the precedent, the price of water will get very expensive.

Draconian Water Policies Are Present In the US

States like Colorado, Utah and Washington have already made it illegal to trap rain water and use these resources for such purposes as drinking and irrigation.

In Douglas County, Colorado, just south of metropolitan Denver, engineers conducted a study on how rainwater collection affects aquifer function and health as well as groundwater supplies. The study revealed that when private parties collect rainwater on their properties, this serves to reduce the demand on local water facilities and improves conservation efforts. Based upon this research, trapping rainwater should be encouraged. However, conservation is not the goal of modern day water management, political and personal control of the citizenry is the final objective.

The Bolivian water experience is already underway in the United States. Did we really think that this was only going to happen in Bolivia? Similar projects are underway in Manila, Pakistan and San Francisco. Yes, this is correct; Bechtel now has a contract with San Francisco’s city government to upgrade the city’s water system. Bechtel employees are working side by side with city workers in a privatization move that people-in-the-know fear will lead to an eventual take-over of San Francisco ’s water system and create a fiasco similar to the one in Bolivia.

The wolf is at the door as massive debt will soon cause the US to lose control over our water. This is all part of an Agenda 21 plot to control the water of the United States in order to subjugate the people and to make a lot of money in the process.

Conclusion

It is not just Detroit that is in trouble. St. Louis, Cleveland and Pittsburgh are just a few of the several aging communities that are in severe financial stress. Soon, these water practices are going to be visited on many American cities.

“A recent paper by US-based NGO Corporate Accountability International asks: “what is the ulterior motive, or at least the commonality of interests between these corporations in financing WHI’s expansion? At least three strategic outcomes can be observed: (1) self-dealing (profiteering), (2) political and cultural commodification of water, and (3) advancement of a self-proclaimed ‘new global architecture’ for corporate control of water.” This quote is not only accurate, it is prophetic. It has been announced that Nestle (the thieves robbing the Great Lakes), Coke and Veolia are participating in what is being called the 2030 Water Resources Group Phase 2. The groups announced strategy is to insert “private management” of all water resources on the planet.

How will the Agenda 21 sources get people into the “stack and pack” urban centers of the future?  Simple, they will use water to accomplish this goal. And will this serve a higher political goal? You already know the answer to that question.

Got Water?

Credit to Common Sense

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JOHN KERRY SAYS THE BIBLE COMMANDS AMERICA TO PROTECT MUSLIMS FROM GLOBAL WARMING

IT REALLY DOESN’T GET ANY STUPIDER THAN THIS

“Yea also, when he that is a fool walketh by the way, his wisdom faileth him, and he saith to every one that he is a fool.” Ecclesiastes 10:3

Just when you thought that John Kerry and the liberals couldn’t get any weirder and stupider or any more buffoonish, they step it up to yet another level. In this video, watch as John Kerry says that the book of Genesis gives America the command to save Muslim majority countries from global warming.

But be warned, this latest offering of liberal fantasy slop from the Obama administration is mind-numbingly painful to sit through. We promise you it will be the longest 1:25 of your entire life.

Credit to Now the end begins

Beheaded in her garden in UK. by a Muslim

Beheaded in her garden. And the media and British dhimmi Uk authorities (Scotland Yard) release the story emphatically stating it “is not terrorism” knowing full well the murderer was Muslim. Their concern was not for the Christian victim of Italian descent in this heavily populated Muslim neighborhood, but of protecting Islam.

(Reuters) – An elderly woman was found beheaded at a house in a north London suburb on Thursday, British media reported, in an incident that police said did not appear to be terrorist related.

Officers said they were called to the house in Edmonton following reports of a man armed with a [machete], and found the woman’s body in the garden. She was named as 82-year-old Palmira Silva who detectives believe is of Italian descent. (Reuters)



Just a day after the Foley and Sotloff beheadings, a woman was found beheaded in Edmonton. Not five minutes after the woman, beheaded in her backyard in broad daylight by a “machete-wielding” man (like Lee Rigby) who had been menacing people in a number of backyards previous to the beheading, police stated firmly that it was not “terrorist-related.” How did they know that?

One witness has told Sky News a man was “fighting” with police.

Detective Chief Inspector John Sandlin, who is leading the investigation, described it as a “a highly visible attack in broad daylight”.

Clearly the Islamic State beheadings are the ….. inspiration.

It has been reported that the killer targeted more than one person, with other victims attempting to flee the scene in a car. A silver-grey Ford can be seen inside the police-cordon area with visible damage, and a smashed window.

“Woman beheaded ‘with machete’ in north London garden,” Telegraph, September 4, 2014:

By Tom Whitehead, Ed Malnick, Tom Brooks Pollock and Gordon Rayner

An 82-year-old woman was beheaded in a north London garden after a crazed attacker went beserk with a machete.

Pensioner Palmira Silva was decapitated at her house in Edmonton in broad daylight in an apparent frenzied assault by a 25-year-old man who randomly targeted victims.

The horror scene unfolded as terrified eye witnesses saw the man, who was wielding a foot long blade, attack a passing vehicle and a cat before roaming back gardens for a victim.

Police believe the man also tried to attack two people at another address in Nightingale Road but they were able to escape without injury.

The man was arrested after armed police, who had distracted him to avoid other attacks, cornered him in a house and Tasered him, during which some officers were injured.

Ms Silva was pronounced dead at the scene.

One line of inquiry for detectives is now understood to be whether the man had been inspired by recent footage of the Isil beheadings of two US journalists in Syria.

Locals last night claimed the arrested man had converted to Islam last year.

However, detectives said they had ruled out terrorism as a motive for the killing.

Eye witnesses described a dramatic operation by police called to the scene in which officers were smashing windows of neighbouring properties lift screaming children and terrified residents to safety.

One neighbour told of her narrow escape and that she believed the attacker was a local man.

Catering worker Freda Odame, 30, said she heard a commotion and pulled back her curtains and saw a black man aged in his mid 20s.

“Someone was shouting and the door was banging. I could hear the screaming but I could not hear what he was saying,” she said.

“I could see that he had a big curved knife, about the size of an arm’s length and he was crouching as if frantically searching for something.

“He had a crazed look in his eyes so I closed my curtains because I was scared. My next door neighbour was in his garden but did not seem to realise anything was going on.

“I have seen him around here all the time, I think he lives on the road, He has a grey car and I think he lives with his family.

“I was just so very scared. Five minutes after I heard him screaming the police knocked on my door and told me I had to get out.”

Neighbour Sue Mahadooa, 50, who saw police cars screech to a halt outside her home, said officers were running down the street shouting at people to get out of their homes.

Officers with battering rams began breaking down front doors and smashing windows to help neighbours to safety, unaware of which property the killer was in.

Ms Mahadooa said the house at which it is believed the woman was killed in the back garden is split into three maisonettes and police were desperate to get residents out of the flats without sending them into the corridor of the property.

“These officers ran up and started trying to help these two children and a woman out of the little top window of the ground floor,” she said.

“The woman couldn’t get through the window so they started smashing the bigger one, but then I saw them get her out of the front door.

“She was very frightened. The kids were crying and looked very scared. There was clearly something awful going on inside the house.”

George Stylianou said: “Policewomen were sprinting past us and screaming at us ‘get back – you don’t understand how dangerous this man is.’

“Then we saw that policemen were running along the road dragging women and children out of windows – they had to smash windows to drag women out.”

Ahmed Yusuf, 19, said: “At first there were two police cars, then all of a sudden there were 20.

“The police said to drop everything. I said ‘What’s going on?’ and they said there’s a guy jumping over gardens.”

Earlier one witness had Tweeted: “Madman on the loose with a machete in Edmonton”.

Edmonton MP Andy Love said: “I am absolutely horrified and stunned by what has happened in my constituency.

“This is a relatively solid community with relatively good relations between all of the people living there. It comes as a shock that it has happened.

Mini cab driver Ricardo Kwiek, 23, told of how he saw a young man fighting with police before being bundled into a van.

“There were policemen trying the front door and the back. The chap inside wasn’t letting them in,” he said.

“They got in the back door. They came out with a man who was struggling and fighting.

“He wasn’t giving up. I could see loads of police fighting with him. They all piled on top of him and arrested him.

Metropolitan Police Commander Simon Letchford said: “Officers who attended the scene evacuated a number of those people from those premises to make them safe.

“During that period they distracted the man from carrying out any further attacks.”

He said his officers had done “everything they could to evacuate people from those premises and that clearly they were aware of what had happened and they put themselves in extreme danger to protect the public, to ensure that his behaviour was stopped as soon as it possibly could be”.

DCI John Sandlin, who is leading this investigation, said: “This is was a highly visible attack in broad daylight on a residential street. I can understand why this may cause people concern, however we are confident that we are not looking for anyone else at this stage.

“Whilst it is too early to speculate on what the motive behind this attack was I am confident, based on the information currently available to me, that it is not terrorist related.”

The arrested man was being treated for minor injuries suffered during his apprehension.

Credit to Pamelageller

- See more at: http://pamelageller.com/2014/09/uk-woman-beheaded-broad-daylight-machete-wielding-man.html/#sthash.S4rgWKFd.dpuf

Fake Cell Towers Origins And True Purpose Revealed

NATO Vows To Do "Whatever It Takes"

behold the shelling...

Shelling is reported to have started on the eastern outskirts of Mariupol, Ukraine, according to local reporters on social media. This crucial city, due to its standing as the last major city standing in the way of a land connection to Crimea (from Russia) across the Southern border. Furthermore, Mariupol's strategic importance as a port and major industrial city is crucial to Kiev who are reinforcing the city after losing Novoazovsk last week, with the Ukrainian army on full alert. NATO has been actively sabre-rattling this morning, pulling a full Draghi by threatening to do "whatever it takes" to defend ourselves and our allies, and offering training and support for Ukraine (as they report over 3,000 Russian troops in Ukraine). Escalation?

• UKRAINIAN ARMY ON TOP ALERT NEAR PORT CITY OF MARIUPOL, READY TO REPULSE POSSIBLE ATTACK BY REBELS - MILITARY SOURCE - RTRS

Furthermore,

"Artillery and tank fire audible on eastern edge of Mariupol. Ukrainians say 4 armored columns advancing towards Shirokina. Hint of panic:" France 24 journalist Robert Parsons says in Twitter post

"Apparently, the rebel tanks have left Novoazovsk several hours ago and are moving towards Mariupol now. Their current position is unclear:” freelance journalist Petr Shelomovskiy says in Twitter post

• *NATO SAYS >3,000 RUSSIA TROOPS W/ TANKS IN UKRAINE: SKY

NATO has some comments too...

“We have left no doubt that we will do whatever it takes to defend ourselves,”NATO Secretary General Anders Fogh Rasmussen says.

Rasmussen: “Russia’s aggression against Ukraine has been a wake-up call. It has reminded all of us that our freedom, security and prosperity cannot be taken for granted. Some are trying to redraw dividing lines in Europe with force”

Terrorism, Middle East turmoil, Russia’s aggression, the threats of cyber-warfare confront NATO with a “climate of chaos” on its borders, he says

Rasmussen: “We will adopt a readiness-action plan that will make our forces faster, fitter and more flexible, ready to address any challenges, whenever they come and from wherever they come”

Rasmussen: Readiness plan to center on “a military unit that can be deployed at very short notice if needed. It would be followed by more forces if needed”

NATO will step up cooperation with Ukraine, help build up and advise Ukraine’s military, he says

Rasmussen: “We will adopt a substantial package for Georgia, a package that will bring Georgia closer to NATO, including a defense-capacity initiative, establishing a training center in Georgia, occasionally also exercises in Georgia”

Rasmussen: “I see NATO as an alliance with a global perspective, not as a global policeman. We can’t solve all crises all over the world”

*  *  *

If this is not escalation, then we are baffled as to what is...

*  *  *

Now it seems Ukraine wants 'talks' again...

• *UKRAINE TO CALL TRUCE TOMORROW IF TALKS TAKE PLACE: POROSHENKO

Credit to Zero Hedge

Rev. Franklin Graham "We're In The Last Hours"