NEWS AND VIEWS FROM THE NEFARIUM FEB 6, 2014
February 6, 2014 / /
Joseph talks briefly about the Argentina banking warehouse fire, emerging markets, and the "retrenchment" hypothesis with respect to these articles. Please note, while the articles are not somewhat dated, Joseph has not yet had the opportunity to talk about the possible connection, which he does here. Additionally, at the end of this News and Views, he comments briefly about a recent loss in the family:
Argentine Banking System Archives Destroyed By Deadly Fire
Are We On The Verge Of A Massive Emerging Markets Currency Collapse?
Posted in News & Views
20 Comments
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My most sincere sympathy to you and yours on the loss of your Brother-In-Law. While we know that we are all only here for a short while, it does not diminish the sense of loss when we lose someone. Logic fails at tempering the emotions. Thank you for sharing at this most difficult time.
Very sorry for your loss Dr. Farrell but you are fortunate to have those family members that you love and that are supportive of you and love you. No one cares and comforts as family, if you are fortunate in family.
Did anyone else catch the following blurb from the Washington Post article? Emphasis mine…
If the cause is found to be arson, it wouldn’t be the first time for “BOSTON BASED” Iron Mountain Inc., which manages, stores and protects information for more than 156,000 companies and organizations in 36 countries. Fire investigators blamed arson for blazes that destroyed its warehouses in New Jersey in 1997 and London in 2006, prompting rounds of legal claims over lost records.
From another article:
A 1997 fire destroyed Iron Mountain’s corporate-document warehouse in New Jersey. In 2006, the company’s London warehouse burned to the ground. The cause of that blaze was never conclusively determined, Iron Mountain spokesman Christian Potts said. However the London Fire Brigade blamed arson. In 2011, fire struck Iron Mountain’s document warehouse in Aprilia, Italy.
It’s not enough that the ‘Iron Mountain’ logo is associated with a bit of historical chicanery, but that someone deemed it pertinent enough to associate that same chicanery with a business model created for the storage of ‘high value’ financial documents.
Are these Iron Mountain Inc. facilities designed to spontaneously combust when the going gets tuff? These too can’t be coincidental…what are the chances?
Is this a sign to expect more leaping lizards to sail from tall bank buildings?
LOL!
Your Yosemite Sam reference made my day.
My true sympathy to you and your family.
My heartfelt condolences for your family’s loss, which you announced with a simple and moving tribute.
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The Empire over-reached, tripped on hubris trying to grab the NWO golden ring and went bankrupt trying, and now must order a retrenchment to the Vater- …sorry, I meant Homeland. Meanwhile, its funny money drains from emerging-market economies, further weakening its power and influence over these sorely abused vassels.
Continuing a vast and hugely expensive policy of subversion and war to remake the world to its liking is looking like a very stupid policy in this climate. Defy the wheel of karma at your own risk.
Sorry for your family lost how old was your brother in law by the way? As for the Argentine bank records fire what’s the lives of nine fireman to protect the Bankster’s ass. The place where they were stored called Iron Mountain someone idea of in joke who could as they say make this up they must be laughing all the way to the bank.
Off topic, but how about the media coverage of the Olympics? LOL. I don’t think the Western elites care if their respective countries win medals or not, just as long as Putin and Russia look bad.
I’ve been getting that same feeling, as passengers on flights to and from Russia are announced, daily, to be scrutinized for Al-Kaeda links if carrying funny bottles/exploding-toothpaste and other such frightening nightmares.
Best to watch it on RT – commercial free.
I refuse to watch it on NBC. The layered innuendos and fear-mongering are so thick you can cut it with a knife.
I was hoping RT would carry it, but sadly I can’t find anything. NBC has a monopoly on it.
Oh well……..
Rent a motel near the Canadian border for the next couple of weeks or just go up there for the duration as an ambassador of good will.
Nothing else left!
Nazi Broadcasting Corporation (NBC) is jamming everything…even the internet.
I’m watching the time delayed broadcast compliments of our friends at CBC. My local cable carrier carries the Canadian channel, just one of the many benefits of living near the border. The jingoism is markedly toned down. But regardless of location here in the U.S., shouldn’t Canada be available to someone with satellite TV?
My deep condolences to the Farrell family for the recent loss.
I disagree on the premise that the there is a currency war inflicted on Brick currencies. Tapering or interest rate hikes in the US always bring about the end of easy/expansionary monetary policies in the followers, i.e. emerging markets. Over the past decades since the 70’s, EM’s have gone through multiple cycles and the currency collapses they ensue…so by now (or before they decide to engage in yet another wave of monetary expansion or US$ accomodation) they certainly knew better… I would not characterize it as a war..but something the local elites decided to trade on for their own good.
But Dr Farrell as always brings about some key contributions. When he says, “americans assumed” the next currency crises would involve the US$ collapse… Please make no mistake… the US$ (or euro/yen) based banking stablishment may be just buying itself some much need time before their fiat currency anchors blow up. We may see EM currencies tank while bringing some relief to USD/Eur vs. Gold… I will give these relief period a window of no less than 6 months and no more than 18…
When he says “cash-out” of emerging markets… well! I dont think it is about cashing out but rather “wiping out” excess liquidity…which is a collateral and intended consequence of tapering/tightening…which brings added relieve to the US$ via financial/hard asset wealth distruction (Fed’s own type of esterilization via markets), bankruptcies and junk debt acquisition at cents on dollar… It’s part of the plan… it worked in the past although I dont think it will work out this time around… I anticipate that as equity markets and commodity groups crash… the “smart cash” that got out first will simply migrate to physical Gold and precious metals.
The Fed/banksters are probably betting on a migration/rotation of the smart cash back into fiat…but this time around it will be different. Therefore, their plans to “slow burn” and transition into another type of monetary arrangement won’t work… This will be the mother of all crises as they no longer have control over they enjoyed it in the past; and it will bring down fiat currencies and their anchor states: USA and Europe.
Sincere sorrow at the loss of your brother in law.
I can truly empathise, as I had a lot of dear friends die too young over a couple of years, but when my beloved friend and BIL Jack died, it just seemed too much. He had been a comfort and a help to me over many years and I still miss him.
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Regarding the banking system, I wonder how corrupt it can get. This was murder. People died. All to keep a totally obscene system alive.
my condolences to you, your sister and the rest of your family Joseph. i have always struggled to find the words to console but words never seem to be enough.
great interview with CAF.
it’s the meta structure i tell you!
According to Schwaller de Lubicz, who studied the Alchemical aspects of Pharoahnic Egypt deeply, discovered that they had no word for the western concept of death. The best ideogram to word conversion Schwaller could pull out of the hat for comparison was the word: metamorphosis.
Grieve not Joseph, they are not dead, they are just away.
Peace be with you…………………………………………
Bankers committing suicide and now this. Indeed, upon what path are we about to embark?
How sad to hear of the loss of someone who meant a lot to you, Dr Farrell. Thank you for sharing your personal thoughts with us as we do care very much. God bless you and the family … travel gently through the sorrow and may you find comfort in happy memories.
Very sorry to hear of your family’s loss.
As DownunderET says it is something all of us have go through
at one time or another.
Speaking in regards to your mention of coincidence(my memory being suspect), the Max Keiser Report for Thursday, touches on these very subjects in a humorous(with Tracy’s help) & the in a deep way with a guest that’s based in Argentina(visiting Uruguay)
http://www.youtube.com/watch?v=Bp05Y97B4v8
My deepest sympathy on the lose of a dear family friend, it is something we all have to go through at one time or another.
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It seems that the banking elites are pulling some strings, where it all ends I don’t know, but if it’s “global” then the elites fingerprints are all over it.