ITALY NEARS ECONOMIC COLLAPSE

\
As several articles over the past few days have indicated (here, here, here and here), Italy is on the brink of a full-blown banking crisis.

Bad debts, or “non-performing loans,” held by the banking sector total 360 billion euros, which is a remarkable 17 percent of all the outstanding bank loans in Italy and equal to about one-fifth of the annual Italian GDP. It is also many times the level of bad debt held by Italian banks at the peak of the financial crisis in 2008. Since the beginning of 2016, prices of bank stocks have decreased by more than 50%. In the case of Italy’s oldest and most troubled bank, Banca Monte dei Paschi di Siena, its share price has declined more than 75%. It doesn’t help that the Italian economy is struggling mightily to recover from the last financial crisis and is still 8% smaller than it was in 2008 and roughly the same size as it was at the end of the twentieth century.

The Italian government is considering bailing out the banks in defiance of EU rules concerning “bail-ins.” These rules require that a bank’s creditors, especially bondholders, “take haircuts” before taxpayer funds can be used to “recapitalize” the banks. The Italian government is reluctant to follow these rules because almost half of the banks’ junior, or subordinated, bonds, about 31 billion euros worth, have been sold on the retail market to households and individuals rather than to professional investors. In the case of insolvency, the holders of junior bonds are the last of the bank’s creditors to be paid. In its appeal to the EU to suspend its bail-in rules, the Italian government is portraying the retail purchasers of these bonds as small and naive savers. 

But this does not ring true. In 2015 the Italian government rescued four small banks. In compliance with EU rules it put the burden of the rescue on bank creditors rather than taxpayers. As a result, 12,500 “small savers” lost a total of 430 million euros on junior bonds. That is an average of 34,500 euros lost per bondholder.

Let us consider these “small savers” whom the Italian government is so eager to protect. In 2013, net wealth of the median Italian household was 145,469 euros, including real and financial assets. It is hard to believe that a household which was savvy and disciplined enough to accumulate this amount of net wealth would be so naive as to rashly invest almost one quarter of it in risky junior bank bonds, especially considering that total bank bonds constituted around 3% of gross household wealth in 2013. 

The reasonable inference is that subordinated bank bonds are a small part of the diversified portfolios of those households whose net wealth is far in excess of the median, that is, rich and likely politically connected households. This would explain why the Italian government is so hell bent on using taxpayer funds from the get-go to bail out the banks.

Negotiations between the Italian government and the EU on this issue may soon be rendered pointless, however, if “various unconfirmed rumors of Italian cashless ATMs end up being true.”

Credit to Infowars

US SENDING SPY DRONES TO CZECH REPUBLIC TO MONITOR RUSSIAN TROOP DEPLOYMENTS ALONG BORDER The Next News Network

New dwarf planet discovered beyond Neptune

A new dwarf planet has been identified on the fringes of our solar system. Designated 2015 RR245, the object's size hasn't been confirmed just yet, but its discoverers estimate it to have a diameter of 700 km (435 miles) and one of the largest known orbits of a dwarf planet, circling the Sun once every 700 years.

The object was first spotted back in February by the Canada-France-Hawaii Telescope in Hawaii, in images taken in September last year as part of the Outer Solar System Origins Survey (OSSOS). The survey is an ongoing collaboration between dozens of scientists at institutions from eight countries, studying the objects orbiting beyond Neptune to help piece together our solar system's turbulent past. Tens of thousands of smaller objects are estimated to lie out there, left over from the upheaval caused by the giant planets moving away from the Sun and settling into their current orbits.

"But almost all of these icy worlds are painfully small and faint," says Michele Bannister of the University of Victoria, in British Columbia. "It's really exciting to find one that's large and bright enough that we can study it in detail."

Measuring in at around half the size of Makemake, RR245 is much smaller than other known dwarf planets in the neighborhood, but still meets the International Astronomical Union's (IAU) criteria of that category: namely, it's in orbit around the Sun, it has sufficient mass for its self-gravity to overcome rigid body forces so that it assumes a nearly round shape, and, unlike regular planets, it hasn't cleared the neighbourhood around its orbit, and it isn't a satellite.

RR245 ranks in the top 20 list of largest bodies in the Kuiper Belt, making it the largest object, and the only dwarf planet, discovered by the OSSOS so far. However, its size won't be exactly known until a more detailed analysis of its surface properties is conducted.

"It's either small and shiny, or large and dull," says Bannister.

RR245's 700-year-long journey around the Sun is also a point of interest for further study. The planet has been on its current orbit for at least 100 million years, and has spent the last few hundred years at a distance of 12 billion km (7.5 billion miles) from the Sun. That's 80 astronomical units (AU), and still a long way off the furthest point in its elliptical orbit, which takes it to over 120 AU.

The dwarf planet is currently on its way towards its closest approach, where it will pass within 5 billion km (3 billion miles, or 34 AU) of the Sun. But don't break out the telescope just yet: it won't reach that point until about 2096.

OSSOS will continue to study 2015 RR245, including developing a more precise image of its orbit to determine how it was formed, how it got onto its current path, and how it might change over an extremely long term scale. And eventually, give it a more catchy name.

Credit to gizmag.com

http://www.gizmag.com/2015-rr245-dwarf-planet/44317/?li_source=LI&li_medium=default-widget

"Gangster Islam" Takes Over Europe

"Gangster Islam," a crime wave packing prisons and overtaking Europe, is a problem the mainstream media seems unwilling to report. As The Gatestone Institute's Timon Dias explains in the following brief clip, even ordinary Europeans - for fear of being called "racist" or even being imprisoned for "hate speech" - are afraid even to talk about it.

Credit to Zero Hedge

37 Separate Potential attacks Are Planned for This Friday

Over two years ago, I wrote an article on the growing perception of police brutality which seemed to have racial overtones, at that time. I have undeniably called for the prosecution of police officers who engage in police brutality.

In other articles, I have called for an end to the practice in which the police are allowed to investigate themselves in regard to allegations of police brutality. The Common Sense Show will never support any act of police brutality. Therefore, spare me the allegations of racism with regard to the following.

The Real Racists Belong to Mainstream Media

When a white or Hispanic person dies a suspicious death in police custody, the media ignores the event as if did not happen. Don’t White Lives Matter? Don’t Latino Live Matter? Don’t Asian Lives Matter? From the media’s perspective, we need to be asking why are black lives the only lives that matter when it comes to alleged police brutality?

Former cop and author, Peter Moskos, cites statistics which demonstrate that more whites are killed by cops than are blacks. From a raw statistics perspective, Moskos is correct. However, when accounts for the fact that whites comprise about most of the nation’s population, the applied statistics tell us that blacks are about 3 times more likely to be killed by whites. However, this disparity, as tragic as it is, does not excuse the racist media for failing to cover all races who are victims of police brutality. The data clearly tells us that what what have is not totally a racial problem, it is police enforcement issue. However, there is another statistic that nobody has ever bothered to cover. For every 10,000 arrests of blacks, how many are victims of police brutality? A comparative analysis of these numbers, among all people arrested by race, would tell America if police brutality is disproportionately aimed at blacks. Until this question is asked, researched and answered, claims of racism levied towards police departments is unproven.  The same question regarding police brutality needs to be asked for every other racial group and it is not, because Fox, CNN, CBS, etc., are fermenting a race war because it is what the owners of the six corporations that own 98% of the media want.

Why Does Clinton, Obama, Lynch, and the Rest of the Criminal Elite Want a Race War?

I should really ask more challenging questions, because the answer to the following question is ubiquitous. Growing racial tensions, with BLM/Soros as the antagonist grows. A race war, culminating in martial law, solves a lot of problems for the criminal elite:

1. It provides a distraction from Hillary Clinton’s serial criminality so the criminal elite can get their henchman in the Oval Office so they can continue with the deconstruction 0f the nation’s economy, political structure and cultural values.
2. A Helter Skelter summer prevents people from uniting against the real enemy, the bankers who have plundered our national economy through free trade agreements and getting the government to get the people to assume the credit swap derivatives debt. For black people who wonder why there are so few jobs for black youth, look at what I wrote in the previous sentence. Therine lies the answer. We have 101 million working age adults in this country not working full-time as opposed to 97 million who are. Why? Because most of our jobs have been shipped overseas by greedy and treasonous corporations under the auspices of a Benedict Arnold Congress. It is not a white conspiracy! It is a banking conspiracy being levied against people of all races in America. George Soros, David Rockefeller, every member of Congress and the Senate, President Obama, and Hillary Clinton are the enemy of all middle class Americans, or those who aspire to be middle class. And the media fills black people’s minds with this pseudo racist crap and some are believing  Wolf “Karl Marx” Blitzer interpretation of events. When was the last time that CNN reported on black on black crime? Answer, they never have even though the FBI maintains these statistics. And of all crimes committed, black on black accounts from the most prevalent crime statistics in our society. And this is not a matter of race, it is a factor of economics. And why are black people disproportionately poor vs. whites? I answered that question when I identified the bankers and politicians who are the enemy of all Americans.

If young black youth keep listening to the distorted messages in the media, let me tell you where this is headed. There will be widespread rioting. People are going to die. Martial law is going to be imposed  and BLM will not be protesting any longer. And the majority of martial law occupiers will be foreign and wearing blue helmets and they are not going to give a damn about racial civil rights issues because the civil rights  of all Americans will be gone as the the UN ushers in the New World Order in which all Americans, black, white, brown, etc., will be on the endangered species list.

I state all of this for one reason, and one reason only, the actions of George Soros’ Black Lives Matter organization are reprehensible and this organization should be considered to be a domestic terror organization. To those who would label me a racist, I refer you to the opening paragraphs of this article in which I have been an outspoken critic of alleged police brutality.

The Undeniable Purpose of BLM

Former Nazi collaborator, George Soros, created BLM and Moveon.org, for one reason, and that reason would be divide the country and catapult the country into nationwide violence against police officers and anyone who is white. Racism is racism regardless of which side of the fence that it emanates from.

Most black people I know are repulsed by an organization whose members celebrate the mass murder of five police officers and call for more acts of violence. However, the media will not report that most people, or any color consider any organization created by Soros to be a terrorist organization.

In short, all protesters should employ the tactics of Dr. Martin Luther King in order to bring about change from unresponsive local government. He did not call for the assassination of police officers.

The next potential act of domestic terrorism is planned for this Friday. I am publishing a list of places that this madness is going to continue so that reasonable people of all races can avoid these hot zones which could serve as the impetus for martial law.

TERROR ALERT- AVOID THESE LOCATIONS AT ALL COST

N A T I O N W I D E  C A L L  T O  A C T I O N  

J U L Y   1 5   2 0 1 6

7PM ET, 6PM CT, 5PM MT, 4PM PT

1. Phoenix: 5:00PM (EASTLAKE PARK, 1549 E Jefferson St , Phoenix, AZ 85034)
2. Tuscon: 5:00PM (CATALINA PARK, 900 N 4th Avenue, Tucson, AZ 85705)
3. Little Rock: 6:00PM (OUTSIDE STATE CAPITOL BUILDING, Dr Martin Luther King Jr Dr., Little Rock, AR 72201)
4. San Francisco: 4:00PM (CIVIC CENTER PLAZA, 355 Mcallister St, San Francisco, California 94102)
5. Oakland: 4:00PM (FRANK OGAWA PLAZA, 1 Frank H Ogawa Plaza, Oakland, CA 94612)
6. Los Angeles: 4:00PM (LEIMERT PLAZA PARK, 4395 Leimert Blvd., Los Angeles, CA 90008)
7. Denver: 5:00PM (CIVIC CENTER PARK, 100 W 14th Ave Pkwy, Denver, Colorado 80204)
8. Washington DC: 7:00PM (OUTSIDE WHITE HOUSE, 1600 Pennsylvania Ave NW, Washington, DC 20500)
9. Atlanta: 7:00PM (OLD DECATUR COURTHOUSE, 101 E Court Sq, Decatur, GA 30030)
10. Tampa: 7:00PM (OUTSIDE HILLSBOROUGH COURTHOUSE, 800 E Twiggs St, Tampa, FL)
11. Orlando: 7:00PM (LAKE EOLA PARK, 195 N Rosalind Ave, Orlando, Florida 32801)
12. Miami: 7:00PM (GWEN CHERRY PARK, NW 71 St., Miami, Florida, 33147)
13. Chicago: 6:00PM (RICHARD J DALEY CENTER, 50 W Washington St, Chicago, Illinois 60602)
14. Des Moines: 6:00PM (IOWA STATE CAPITOL, 1007 E Grand Ave, Des Moines, IA 50319)
15. New Orleans: 6:00PM (LAFAYETTE SQUARE, New Orleans, LA 70130)
16. Baltimore: 7:00PM (201 E Pratt St, Baltimore, MD 21202)
17. Boston: 7:00PM (MASSACHUSETTS STATE HOUSE, 24 Beacon St, Boston, MA 01233)
18. Detroit: 7:00PM (Campus Martius Park, Detroit, Michigan 48226)
19. Lansing: 7:00PM (STATE CAPITOL BUILDING, Capitol Avenue at Michigan Avenue, Lansing, MI 48933)
20. Ann Arbor: 7:00PM (THE DIAG, Burns Park, Ann Arbor, MI 48109)
21. Minneapolis: 6:00PM (MINNEAPOLIS URBAN LEAGUE, 2100 Plymouth Ave N, Minneapolis, MN 55411
22. St. Louis: 6:00PM (GATEWAY ARCH, St. Louis 63102)
23. Carson City: 4:00PM (NEVADA STATE CAPITOL BUILDING, 101 N Carson St, Carson City, Nevada 89701)
24. Manhattan, NY: 7:00PM (TIMES SQUARE, Manhattan, NY, 10036)
25. Newark: 7:00PM (NEWARK CITY HALL, 920 Broad Street, Newark, New Jersey 07102)
26. Durham: 7:00PM (200 E. Main St. Durham, North Carolina)
27. Columbus: 7:00PM (GOODALE PARK, Columbus, Ohio 43215)
28. Cleveland: 7:00PM (CLEVELAND PUBLIC LIBRARY, 325 Superior Ave E, Cleveland, Ohio 44114)
29. Portland: 4:00PM (PIONEER COURTHOUSE SQUARE, 701 SW 6th Ave, Portland, Oregon 97204)
30. Philadelphia: 7:00PM (LOVE PARK, 1599 John F Kennedy Blvd, Philadelphia, Pennsylvania 19102)
31. Pittsburgh: 7:00PM (PITTSBURGH CITY-COUNTY BUILDING, 414 Grant St, Pittsburgh, Pennsylvania 15219)
32. Nashville: 6:00PM (801 Broadway Nashville, TN 37203 Estes Kefauver Federal Building)
33. Memphis: 6:00PM (Health Sciences Park Memphis, TN)
34. Austin: 6:00PM (TEXAS STATE CAPITOL, Outside South Gate-11th and Congress Ave.)
35. Salt Lake City: 5:00PM (SALT LAKE CITY COMMUNITY COLLEGE, 4600 S Redwood Rd, Salt Lake City, Utah 84123)
36. Seattle: 4:00PM (QUEEN ANNE BAPTIST CHURCH, 2011 1st Ave N, Seattle, Washington 98109)
37. Milwaukee: 5:00PM (DINEEN PARK, Milwaukee, Wisconsin) 

When is Soros going to arrested for inciting violence?

 Credit to Common Sense

Those That Wanted To Get Prepared Have Already Gotten Prepared By Now

Is the time for warning people to prepare for what is ahead coming to an end?  For years, bold men and women all over America have been sounding the alarm and warning people to get prepared physically, financially, mentally, emotionally and spiritually for the great storm that is rapidly approaching.  Personally, I have written more than 2,500 articles on my primary two websites combined, and so nobody can accuse me of not blowing the trumpet.  It has gotten to the point that sometimes I am even tired of listening to myself warn the people.  But now we are shifting into a new phase.

The other day I was reflecting on some of the things that I have been hearing lately.  Sales of emergency food and supplies are way down across the entire industry.  Many organizations and websites that have been instrumental in sounding the alarm for a long time are really struggling right now.  On my websites, traffic has hit a bit of a plateau after experiencing a tremendous surge late last year.  Overall, “prepping” was very hot just a few years ago, and at one time it was estimated that there were approximately three million “preppers” in the United States.  But these days there seems to be a tremendous amount of apathy out there.

As I reflected on all of this, I came to one inescapable conclusion.

Those that wanted to get prepared have already gotten prepared by now, and those that did not want to get prepared are not likely to do so any time soon.

I personally know a lot of people that are very, very prepared and have been for a long time.  Yes, there is still a small minority of people out there that only recently woke up and started prepping, but overall most of the preparation that people wanted to do has already been completed.  And for those that have not done anything to prepare, you could argue with them until the moon turns to cheese and they still won’t take any action.

At this point the die has been cast.  Most of those that felt that they should prepare have already prepared.  Most of those that felt that they should repent have already repented.  Most of those that felt that they should warn America have already sounded the alarm.

So now all that is left is to wait for the shaking to begin.

In looking back at what has transpired over the last several years, I think that it would be appropriate to say something about the failure of the church in America.

You see, if the churches of America were doing their job, all of the “watchmen” out there would not even be needed.  Our voices would simply be lost in a chorus of thousands upon thousands of pastors, teachers, ministers and evangelists boldly warning people about what is coming to this nation.

But instead, there is just deafening silence coming from most of the mainstream churches.

The sad thing is that many, many church leaders understand very clearly what is coming, but they have purposely chosen not to warn the people.  Some time ago, George Barna conducted a study that looked into why our churches are not addressing the key issues of the day, and what he discovered was absolutely astounding…

“‘What we’re finding is that when we ask them about all the key issues of the day, [90 percent of them are] telling us, ‘Yes, the Bible speaks to every one of these issues,” he explained. “Then we ask them: ‘Well, are you teaching your people what the Bible says about those issues?’ and the numbers drop…to less than 10 percent of pastors who say they will speak to it.”

Most churches in America don’t want to talk about the hard things, because they desperately want to make people feel comfortable.  They want to entertain people and make them happy so that they will come back week after week and drop their money into the offering plate.

When it comes to defining success as a church, Barna found that there were five primary factors that were important to the majority of pastors, and none of them had anything to do with repentance and salvation through Jesus Christ…

“There are five factors that the vast majority of pastors turn to,” he outlined. “Attendance, giving, number of programs, number of staff, and square footage.”

Sadly, most Christians in America actually prefer these lukewarm churches, and the Apostle Paul warned that these times were coming nearly 2000 years ago.  The following is what 2 Timothy 4:3-4 says in the Modern English Version…

³ For the time will come when people will not endure sound doctrine, but they will gather to themselves teachers in accordance with their own desires, having itching ears, ⁴ and they will turn their ears away from the truth and turn to myths.

You may not want to hear this, but the majority of churches in America have already gone apostate, and that is the truth.

We are slowly but surely losing an entire generation of Americans, and yet our dead and dying churches just continue to slumber.  I shared the following numbers in a previous article, but they bear repeating.  The following comes directly out of a Pew Research Center report…

Millennials – especially the youngest Millennials, who have entered adulthood since the first Landscape Study was conducted – are far less religious than their elders. For example, only 27% of Millennials say they attend religious services on a weekly basis, compared with 51% of adults in the Silent generation. Four-in-ten of the youngest Millennials say they pray every day, compared with six-in-ten Baby Boomers and two-thirds of members of the Silent generation. Only about half of Millennials say they believe in God with absolute certainty, compared with seven-in-ten Americans in the Silent and Baby Boom cohorts. And only about four-in-ten Millennials say religion is very important in their lives, compared with more than half in the older generational cohorts.

Those numbers are absolutely horrifying.  Yes, there are still a few really good churches scattered across the country.  But overall, the church in America is in really sorry shape, and the numbers don’t lie.  Christianity is in rapid decline in the United States, and somebody better wake up and start doing something about it.

Over the years, I can’t tell you how many dead churches that I have sat in.  That is why it is so refreshing when I actually find one where the gospel is preached and where people truly love one another.  I have had the privilege of sharing my message in such a church in recent months, and I wish that there were a lot more of them out there.

Unfortunately, most ministers in America are really busy doing things other than what they should be doing.  For instance, have you ever heard of “clergy response teams”?  If you can believe it, the government has actually recruited ministers to help the population accept martial law when it is declared someday.  The following comes from KSLA News…

Could martial law ever become a reality in America?  Some fear any nuclear, biological or chemical attack on U.S. soil might trigger just that.  KSLA News 12 has discovered that the clergy would help the government with potentially their biggest problem: Us.

Can you believe that?

Here is more from the report…

Such clergy response teams would walk a tight-rope during martial law between the demands of the government on the one side, versus the wishes of the public on the other.  “In a lot of cases, these clergy would already be known in the neighborhoods in which they’re helping to diffuse that situation,” assured Sandy Davis.  He serves as the director of the Caddo-Bossier Office of Homeland Security and Emergency Preparedness.

For the clergy team, one of the biggest tools that they will have in helping calm the public down or to obey the law is the bible itself, specifically Romans 13.  Dr. Tuberville elaborated, “because the government’s established by the Lord, you know.  And, that’s what we believe in the Christian faith.  That’s what’s stated in the scripture.”

I don’t know about you, but I found that article to be extremely chilling.

But this is the state of things in America today.  We have a dead church that is stuffed to the gills with dead ministers, and the people are not being told the truth about the great shaking that is coming to America.

And when the great shaking comes, there will be multitudes of these dead churches and ministries that will go under and never rise again.

Meanwhile, God will be raising up a Remnant, and that Remnant is going to shake the world.

So what do you think about all of this?

Please feel free to share your thoughts by posting a comment below…

Credit to Economic Collapse

Rare Noah's Ark Find Linked To "Biblical Beast"

Italy's economy set for two LOST decades

ITALY'S economy is around halfway through a lost two decades, following a slow and painful recovery from the financial crisis that still has a long way to go, according to alarming analysis by the International Monetary Fund (IMF).

Amid a surge in refugees, market turmoil and a slowdown in global trade, the Mediterranean country will not to return to 2007 output levels before the mid-2020s, the fund has forecast.

And the path back to pre-crisis levels is still subject to many risks, warned the IMF.

Italy's banks and their "strained" balance sheets, which are swapped by very high levels of bad loans, were highlighted as a major area of vulnerability for the economy by the washington-based organization.

Productivity and investment growth are low, while the unemployment rate is still above 11 per cent - and even higher in some parts of the country and among younger people, added the IMF in its debrief.\

At the same time public debt has is now close to 133 percent of GDP, which limits policymakers ability to respond to any shocks, said the fund.

Growth is now predicted to remain at under one per cent this year, and expected to fare little better next year.

Italy is slowly recovering from its long recession amid low commodity prices and favourable monetary policy, such as low interest rates and cheap money, said the IMF.

But the IMF added it's "imperative" that authorities continue to make "very important" institutional, administration, fiscal, labour market and banking reforms.......

Credit to Express.co.uk

Hi-tech tattoo that can track your emotions

While face tattoos are generally frowned upon, a new temporary stick on version could help reveal what people are really thinking.

The 'electronic tattoo' developed by Tel Aviv University can measure the activity of muscle and nerve cells.

The team behind it says it could be used in medicine, rehabilitation, and even business and marketing research.


Developed by Tel Aviv University, it can measure the activity of muscle and nerve cells. It could be used in medicine, rehabilitation, and even business and marketing research.


The electrode, developed by Professor Yael Hanein, head of TAU's Center for Nanoscience and Nanotechnology, may improve the therapeutic restoration of damaged nerves and tissue - and may even lead to new insights into our emotional life.

It consists of a carbon electrode, an adhesive surface that attaches to the skin, and a nanotechnology-based conductive polymer coating that enhances the electrode's performance.

It records a strong, steady signal for hours on end without irritating the skin.

One major application of the new electrode is the mapping of emotion by monitoring facial expressions through electric signals received from facial muscles.

'The ability to identify and map people's emotions has many potential uses,' said Professor Hanein.

'Advertisers, pollsters, media professionals, and others — all want to test people's reactions to various products and situations.

'Today, with no accurate scientific tools available, they rely mostly on inevitably subjective questionnaires.'




Credit to Dailymail.co.uk
Read more: http://www.dailymail.co.uk/sciencetech/article-3687117/The-hi-tech-tattoo-track-emotions-Stick-sensor-revolutionise-medicine-tell-advertisers-really-feel.html#ixzz4EFsnsRwt

Monstrous Signs in the Heavens All Over The World

Massive fire & ‘explosions’ in Brussels as eight vehicles set ablaze

NATO SEEKS TO BUILD WALL ACROSS EUROPE TO STOP RUSSIA