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The Pentagon Can’t Account for $21 Trillion

The Pentagon Can’t Account for $21 Trillion thumbnail

Twenty-one trillion dollars.

The Pentagon’s own numbers show that it can’t account for $21 trillion. Yes, I mean trillion with a “T.” And this could change everything.

But I’ll get back to that in a moment.

There are certain things the human mind is not meant to do. Our complex brains cannot view the world in infrared, cannot spell words backward during orgasm and cannot really grasp numbers over a few thousand. A few thousand, we can feel and conceptualize. We’ve all been in stadiums with several thousand people. We have an idea of what that looks like (and how sticky the floor gets).

But when we get into the millions, we lose it. It becomes a fog of nonsense. Visualizing it feels like trying to hug a memory. We may know what $1 million can buy (and we may want that thing), but you probably don’t know how tall a stack of a million $1 bills is. You probably don’t know how long it takes a minimum-wage employee to make $1 million.

That’s why trying to understand—truly understand—that the Pentagon spent 21 trillion unaccounted-for dollars between 1998 and 2015 washes over us like your mother telling you that your third cousin you met twice is getting divorced. It seems vaguely upsetting, but you forget about it 15 seconds later because … what else is there to do?

Twenty-one trillion.

But let’s get back to the beginning. A couple of years ago, Mark Skidmore, an economics professor, heard Catherine Austin Fitts, former assistant secretary in the Department of Housing and Urban Development, say that the Department of Defense Office of Inspector General had found $6.5 trillion worth of unaccounted-for spending in 2015. Skidmore, being an economics professor, thought something like, “She means $6.5 billion. Not trillion. Because trillion would mean the Pentagon couldn’t account for more money than the gross domestic product of the whole United Kingdom. But still, $6.5 billion of unaccounted-for money is a crazy amount.”

So he went and looked at the inspector general’s report, and he found something interesting: It was trillion! It was fucking $6.5 trillion in 2015 of unaccounted-for spending! And I’m sorry for the cursing, but the word “trillion” is legally obligated to be prefaced with “fucking.” It is indeed way more than the U.K.’s GDP.

Skidmore did a little more digging. As Forbes reported in December 2017, “[He] and Catherine Austin Fitts … conducted a search of government websites and found similar reports dating back to 1998. While the documents are incomplete, original government sources indicate $21 trillion in unsupported adjustments have been reported for the Department of Defense and the Department of Housing and Urban Development for the years 1998-2015.”

Let’s stop and take a second to conceive how much $21 trillion is (which you can’t because our brains short-circuit, but we’ll try anyway).

1. The amount of money supposedly in the stock market is $30 trillion.

2. The GDP of the United States is $18.6 trillion.

3. Picture a stack of money. Now imagine that that stack of dollars is all $1,000 bills. Each bill says “$1,000” on it. How high do you imagine that stack of dollars would be if it were $1 trillion. It would be 63 miles high.

4. Imagine you make $40,000 a year. How long would it take you to make $1 trillion? Well, don’t sign up for this task, because it would take you 25 million years (which sounds like a long time, but I hear that the last 10 million really fly by because you already know your way around the office, where the coffee machine is, etc.).

The human brain is not meant to think about a trillion dollars.

And it’s definitely not meant to think about the $21 trillion our Department of Defense can’t account for. These numbers sound bananas. They sound like something Alex Jones found tattooed on his backside by extraterrestrials.

But the 21 trillion number comes from the Department of Defense Office of Inspector General—the OIG. Although, as Forbes pointed out, “after Mark Skidmore began inquiring about OIG-reported unsubstantiated adjustments, the OIG’s webpage, which documented, albeit in a highly incomplete manner, these unsupported “accounting adjustments,” was mysteriously taken down.”

Luckily, people had already grabbed copies of the report, which—for now—you can view here.

Here’s something else important from that Forbes article—which is one of the only mainstream media articles you can find on the largest theft in American history:

Given that the entire Army budget in fiscal year 2015 was $120 billion, unsupported adjustments were 54 times the level of spending authorized by Congress.

That’s right. The expenses with no explanation were 54 times the actual budget allotted by Congress. Well, it’s good to see Congress is doing 1/54th of its job of overseeing military spending (that’s actually more than I thought Congress was doing). This would seem to mean that 98 percent of every dollar spent by the Army in 2015 was unconstitutional.

So, pray tell, what did the OIG say caused all this unaccounted-for spending that makes Jeff Bezos’ net worth look like that of a guy jingling a tin can on the street corner?

“[The July 2016 inspector general] report indicates that unsupported adjustments are the result of the Defense Department’s ‘failure to correct system deficiencies.’

They blame trillions of dollars of mysterious spending on a “failure to correct system deficiencies”? That’s like me saying I had sex with 100,000 wild hairless aardvarks because I wasn’t looking where I was walking.

Twenty-one trillion.

Say it slowly to yourself.

At the end of the day, there are no justifiable explanations for this amount of unaccounted-for, unconstitutional spending. Right now, the Pentagon is being audited for the first time ever, and it’s taking 2,400 auditors to do it. I’m not holding my breath that they’ll actually be allowed to get to the bottom of this.

But if the American people truly understood this number, it would change both the country and the world. It means that the dollar is sprinting down a path toward worthless. If the Pentagon is hiding spending that dwarfs the amount of tax dollars coming in to the federal government, then it’s clear the government is printing however much it wants and thinking there are no consequences. Once these trillions are considered, our fiat currency has even less meaning than it already does, and it’s only a matter of time before inflation runs wild.

It also means that any time our government says it “doesn’t have money” for a project, it’s laughable. It can clearly “create” as much as it wants for bombing and death. This would explain how Donald Trump’s military can drop well over 100 bombs a day that cost well north of $1 million each.

So why can’t our government also “create” endless money for health care, education, the homeless, veterans benefits and the elderly, to make all parking free and to pay the Rolling Stones to play stoop-front shows in my neighborhood? (I’m sure the Rolling Stones are expensive, but surely a trillion dollars could cover a couple of songs.)

Obviously, our government could do those things, but it chooses not to. Earlier this month, Louisiana sent eviction notices to 30,000 elderly people on Medicaid to kick them out of their nursing homes. Yes, a country that can vomit trillions of dollars down a black hole marked “Military” can’t find the money to take care of our poor elderly. It’s a repulsive joke.

Twenty-one trillion.

Former Secretary of Defense Robert Gates spoke about how no one knows where the money is flying in the Pentagon. In a barely reported speech in 2011, he said, “My staff and I learned that it was nearly impossible to get accurate information and answers to questions such as, ‘How much money did you spend?’ and ‘How many people do you have?’

They can’t even find out how many people work for a specific department?

Note for anyone looking for a job: Just show up at the Pentagon and tell them you work there. It doesn’t seem like they’d have much luck proving you don’t.

For more on this story, check out David DeGraw’s excellent reporting at ChangeMaker.media, because the mainstream corporate media are mouthpieces for the weapons industry. They are friends with benefits of the military-industrial complex. I have seen basically nothing from the mainstream corporate media concerning this mysterious $21 trillion. I missed the time when CNN’s Wolf Blitzer said that the money we dump into war and death—either the accounted-for money or the secretive trillions—could end world hunger and poverty many times over. There’s no reason anybody needs to be starving or hungry or unsheltered on this planet, but our government seems hellbent on proving that it stands for nothing but profiting off death and misery. And our media desperately want to show they stand for nothing but propping up our morally bankrupt empire.

When the media aren’t actively promoting war, they’re filling the airwaves with shit, so the entire country can’t even hear itself think. Our whole mindscape is filled to the brim with nonsense and vacant celebrity idiocy. Then, while no one is looking, the largest theft humankind has ever seen is going on behind our backs—covered up under the guise of “national security.”

Twenty-one trillion.

Don’t forget.

truthdig



65 Comments on "The Pentagon Can’t Account for $21 Trillion"

  1. Davy on Wed, 16th May 2018 6:02 am 

    get out of here with these stupid articles. 21 trillion is hype. We know the number is likely closer to a few trillion which is horrendous but this kind of hype is BS and the kind of stuff extremist feast on.

  2. MASTERMIND on Wed, 16th May 2018 6:32 am 

    Davy

    MSU Scholars find $21 Trillion in Unauthorized Government Spending
    https://msutoday.msu.edu/news/2017/msu-scholars-find-21-trillion-in-unauthorized-government-spending-defense-department-to-conduct/

    So yea..

  3. Davy on Wed, 16th May 2018 6:48 am 

    MSU-scholars-lol-what.a.joke

    military spending is only around a trillion a year. You also have to deduct the portion that is from Housing and Urban Development. I am not saying the number is not large and ugly just don’t play the extremist hype game. These things don’t fly with me.

  4. Go Speed Racer on Wed, 16th May 2018 7:42 am 

    A Trillion here, a Trillion there…

    and pretty soon, it adds up to real money.

  5. Go Speed Racer on Wed, 16th May 2018 7:42 am 

    They spent it on hookers, coke, and blow.

  6. Dredd on Wed, 16th May 2018 8:34 am 

    If you can’t follow the money, follow the immunity (Follow The Immunity).

    Why are they immune from accountability?

  7. Duncan Idaho on Wed, 16th May 2018 9:43 am 

    “They spent it on hookers, coke, and blow.”

    And just wasted the rest?

  8. dave thompson on Wed, 16th May 2018 9:51 am 

    In the U$ we live in a plutocratic kleptocracy. Get over it.

  9. MASTERMIND on Wed, 16th May 2018 10:11 am 

    Davy

    Calling someone a joke. Isn’t an argument.. and the joke is you. Once again you are rejecting evidence..Its like if it was raining outside, and you are arguing you don’t believe its raining.

  10. MASTERMIND on Wed, 16th May 2018 10:14 am 

    Davy

    One trillion is what gets put on the books. But the majority of defense spending doesn’t go on the books. You are just stupid and uneducated.

    Top Economist: America: The Future Looks Broke

    Professor Laurence Kotlikoff from the University of Boston is, according to The Economist, one of the 25 most influential economists in the world. He says America’s official debt paints an untrue fiscal picture.

    “The problem is the official debt is only the debts that politicians decide to put on to the books. Politicians are able and free to put whatever they want on to the books and keep other things off the books.”

    What doesn’t get recorded is the value of all future government liabilities and the value of all future receipts, what he calls fiscal gap accounting. Future liabilities would be social security benefits, pensions, health care benefits and defence. These liabilities minus future receipts gives the true picture, Kotlikoff says.

    https://www.radionz.co.nz/national/programmes/ninetonoon/audio/2018632011/america-the-future-looks-broke

  11. charmcitysking on Wed, 16th May 2018 10:20 am 

    Drugs.

  12. Outcast_Searcher on Wed, 16th May 2018 10:43 am 

    The fact that Minimind actually wants to believe this says it all. Hint: 700 billionish (entire military budget) << $21 trillion. Entire FEDERAL budget of under $4 trillion is << $21 trillion.

    But this is just as "credible" as many of his other claims. LOL

  13. MASTERMIND on Wed, 16th May 2018 11:11 am 

    Outcast_Searcher

    They don’t put all of the military budget on the books. You dumbshit. And the scholars at MSU documented all of the spending. They didn’t just make baseless claims without proof..

  14. MASTERMIND on Wed, 16th May 2018 11:13 am 

    Outcast

    You will die of starvation or conflict within the next ten years..Your whole world is going to be turned upside down.

    Scientific American: Apocalypse Soon: Has Civilization Passed the Environmental Point of No Return?
    https://www.scientificamerican.com/article/apocalypse-soon-has-civilization-passed-the-environmental-point-of-no-return/

    Inside the new economic science of capitalism’s slow-burn energy collapse (Ahmed, 2017)
    https://medium.com/insurge-intelligence/the-new-economic-science-of-capitalisms-slow-burn-energy-collapse-d07344fab6be

    Peer Reviewed Study: Society Could Collapse In A Decade, Predicts Historian (Turchin, 2010)
    https://www.nature.com/articles/463608a

    NASA Peer Reviewed Study: Industrial Civilization is Headed for Irreversible Collapse (Motesharrei, 2014)
    http://www.sciencedirect.com/science/article/pii/S0921800914000615

    The Royal Society: Peer Reviewed Study, Now for the First Time A Global Collapse Appears Likely (Ehrlich, 2013)
    https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3574335/

    Peer Reviewed Study: Limits to Growth was Right. Research Shows We’re Nearing Global Collapse (Turner, 2014)
    http://sustainable.unimelb.edu.au/sites/default/files/docs/MSSI-ResearchPaper-4_Turner_2014.pdf

    Peer Reviewed Study: Financial System Supply-Chain Cross-Contagion: Global Systemic Collapse (Korowicz, 2012)
    http://www.feasta.org/wp-content/uploads/2012/06/Trade-Off1.pdf

  15. Cloggie on Wed, 16th May 2018 11:50 am 

    get out of here with these stupid articles. 21 trillion is hype. We know the number is likely closer to a few trillion which is horrendous but this kind of hype is BS and the kind of stuff extremist feast on.

    Meathead instinctively covers up for the crimes of a through and through corrupt Washington.

    After all he is “1 percent”.

    Meathead matters.

    That was 2.3 trillion in 2001, announced by Rumsfeld, one day before the explosion took place in the room of the Pentagon comptrollers who were supposed to find out where the money had gone.

    Now wasn’t that considerate of “hijacker Hanni Hanjour”, who was so kind to steer his jetliner precisely in that office and in one blow solved all the problems of those responsible for the Pentagon budget! What a coincidence!

    The money btw went missing under the “supervision” of Dov Zakheim, a dual pasport holder (US + Israel) and one of the signatories of PNAC. Shortly before he had been the CEO of a company specialized in remote con trol of airplanes.

    When the neocons drafted the PNAC program, they were talking about a New Pearl Harbor. That made Dov Zakheim very thoughtful and he combined his remote control expertise, his need to cover up the missing 2.3 trillion into one scheme and he decided to have a phone call with Israeli PM Olmert, the commander of the Mossad.

  16. Cloggie on Wed, 16th May 2018 11:51 am 

    The link:

    https://www.youtube.com/watch?v=aljgYENg–Y

  17. Revi on Wed, 16th May 2018 12:44 pm 

    Whoopsie!

  18. Anonymouse1 on Wed, 16th May 2018 1:24 pm 

    exceptionalturd sounds mad. It happens anytime the criminality of his beloved war-mongering masters is exposed. One has to wonder though, what compels an isolated, itinerant goat fu…, ‘farmer’, with no money, friends or family to defend the actions and mafia-like behavior of the elites that run ‘his’ country, with such fervor.

  19. Davy on Wed, 16th May 2018 1:38 pm 

    Come on weasel are you capable of adult talk? You are such an adolescent master-baiter obsessed with stalking and pricking. You have contributed nothing for 10 comments. Are we going for a record?

  20. Antius on Wed, 16th May 2018 5:31 pm 

    The US is now a nation of petty tyrannies.
    https://www.thedailybell.com/news-analysis/the-age-of-petty-tyrannies/

    As Westerners, we like to think of our societies as being free and free thinking. This is what supposedly gives us one up on the ant colony that is China. This is clearly wishful thinking. If western country’s ever were free in these ways, they certainly are not any more.

  21. Wolfie52 on Wed, 16th May 2018 6:34 pm 

    Does anyone remember what the big news story WAS supposed to be on 9/11/01?

    Rumsfeld had announced the night before he had found about 3T$ missing from the Pentagon.

  22. Cloggie on Wed, 16th May 2018 7:44 pm 

    Russia launching the rumor that Europe is switching to euro in Iranian oil payments:

    http://www.ibtimes.com/europe-pay-iran-euros-oil-abandoning-dollar-2681417

  23. MASTERMIND on Wed, 16th May 2018 8:07 pm 

    Clogg

    Its coming! We will seize the means! Soon!

    https://i.redd.it/vl4w79aaaay01.jpg

  24. MASTERMIND on Wed, 16th May 2018 8:17 pm 

    Satellite data strongly suggests that China, Russia and other authoritarian countries are fudging their GDP reports

    https://qz.com/1277011/satellite-images-reveal-which-countries-cheat-on-their-economic-statistics/

    Busted Putin! No way in hell he got 75% of more of the vote in Russia..That election was faker than the US elections. Even Snowden said so and he can tell no lie..

  25. MASTERMIND on Wed, 16th May 2018 8:39 pm 

    We live in frightening times. It’s my belief that “you personally” will most likely die of starvation or conflict between 2020 to 2050.
    You will experience a collapse of human civilization, a die-off of humans, a destruction of the ecosystem, a loss of access to mined and drilled resources, and a dark age from which your descendent’s will not reemerge.

    Simple really….when the World Economy Collapses everything shuts down…the end… We’re talking about grids down all over the world and 7.5B people dropping like f*** flies in short order. The collapse will be absolutely horrible..There is no collapse or horror movie ever produced that has even come close to imagining what the collapse of BAU might look like. I’m talking about every corporation and every social program going bankrupt at once. I’m talking about people eating people. I’m talking about the Worst Catastrophe to ever happen in the history of mankind. Nothing has ever, or will ever come close…

    Scholarly references:
    Scientific American: Apocalypse Soon: Has Civilization Passed the Environmental Point of No Return?
    https://www.scientificamerican.com/article/apocalypse-soon-has-civilization-passed-the-environmental-point-of-no-return/

    Inside the new economic science of capitalism’s slow-burn energy collapse (Ahmed, 2017)
    https://medium.com/insurge-intelligence/the-new-economic-science-of-capitalisms-slow-burn-energy-collapse-d07344fab6be

    Peer Reviewed Study: Society Could Collapse In A Decade, Predicts Historian (Turchin, 2010)
    https://www.nature.com/articles/463608a

    NASA Peer Reviewed Study: Industrial Civilization is Headed for Irreversible Collapse (Motesharrei, 2014)
    http://www.sciencedirect.com/science/article/pii/S0921800914000615

    The Royal Society: Peer Reviewed Study, Now for the First Time A Global Collapse Appears Likely (Ehrlich, 2013)
    https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3574335/

    Peer Reviewed Study: Limits to Growth was Right. Research Shows We’re Nearing Global Collapse (Turner, 2014)
    https://www.scribd.com/document/379418787/Is-Global-Collapse-Imminent-An-Updated-Comparison-of-The-Limits-to-Growth-with-Historical-Data-Turner-2014

    Peer Reviewed Study: Financial System Supply-Chain Cross-Contagion: Global Systemic Collapse (Korowicz, 2012)
    http://www.feasta.org/wp-content/uploads/2012/06/Trade-Off1.pdf

  26. Free Speech Forum on Wed, 16th May 2018 10:03 pm 

    Tyranny didn’t work out too well for the USSR, Nazi Germany, and Cambodia so why are Americans embracing it?

  27. Cloggie on Thu, 17th May 2018 12:05 am 

    EU-28 (500 million) gathered in Sofia-Bulgaria yesterday and decided to get confrontational with the US. As long as Iran sticks to the terms of the nuclear deal, the EU will keep supporting it.

    http://www.spiegel.de/politik/ausland/eu-gipfel-in-sofia-zu-donald-trump-zwischen-trotz-und-kompromiss-a-1208180.html

    Tweet EU-president Donald Tusk:

    https://twitter.com/eucopresident/status/996731038062862336

    Tyranny didn’t work out too well for the USSR, Nazi Germany, and Cambodia so why are Americans embracing it?

    Because America is being run by the (((same people))) who ran the USSR between 1917-1938 and then gradually lost control between 1938-1953. That’s why. The difference between the USSR and USA is the US constitution.

    Our resident kosher millimind is already flirting with a USSR on US soil:

    Its coming! We will seize the means! Soon!

    https://i.redd.it/vl4w79aaaay01.jpg

    Fortunately 500 million Europeans plus 200 million post-Soviet Slavs will know how to prevent the intentions of The Tribe and liberate European America back and park them safely in a junior position in the future Paris-Berlin-Moscow confederation, also known as The North, not to be confused with The West, in clear opposition to the South.

    Contours of the future white republic on US soil:

    https://tinyurl.com/ho93dbe

    A sort of XXL Uruguay in North-America.

  28. MASTERMIND on Thu, 17th May 2018 12:33 am 

    Clogg

    There will never be a paris/berlin/moscow collation. peak oil is now and the worlds largest energy crisis is coming soon. I have cited numerous scholarly peer reviewed studies that prove beyond a doubt that the global economy is history within the next decade.

    Too little too late…If you want to dream big go right ahead, but all your populist movement has done is rearrange the deck chairs on the Titanic. The iceberg has been hit and that is why the IEA, Saudi’s and HSBC are sounding the alarm..

  29. Cloggie on Thu, 17th May 2018 1:33 am 

    The IEA warns for peak oil demand, not supply.

    The difference might be lost on you, millimind.

  30. MASTERMIND on Thu, 17th May 2018 1:58 am 

    Clogg

    As M. King Hubbert (1956) shows, peak oil is about discovering less oil, and eventually producing less oil due to lack of discovery.

    IEA Chief warns of world oil shortages by 2020 as discoveries fall to record lows
    https://www.wsj.com/articles/iea-says-global-oil-discoveries-at-record-low-in-2016-1493244000

    IEA Sees No Peak Oil Demand ‘Any Time Soon’
    https://www.wsj.com/articles/iea-sees-no-peak-oil-demand-any-time-soon-1488816002

    Wrong like always..You must enjoy being MM useful idiot..

  31. MASTERMIND on Thu, 17th May 2018 2:00 am 

    Trump calls some illegal immigrants “animals”…

    https://www.cbsnews.com/video/trump-calls-some-illegal-immigrants-animals/

  32. MASTERMIND on Thu, 17th May 2018 2:07 am 

    Dollar elevated as euro plumbs 5-mth low on Italian political uncertainty

    https://www.reuters.com/article/us-global-forex/dollar-elevated-as-euro-plumbs-5-mth-low-on-italian-political-uncertainty-idUSKCN1II03M

    Cloggs populist movement is going to make Europe’s current depression even worse…Just like sterling that has been crushed since Brexit..

  33. Theedrich on Thu, 17th May 2018 2:25 am 

    American needs to be maimed.  Perhaps one of the new Russian or Chinese hypersonic weapons could, without warning, tracelessly sink a U.S. carrier in the Marianas trench.  It would demonstrate to the utopian fantasts in the DeepState that Yankeeland’s days in the sun are over, permanently.  Reality might even sink into their marijuana-fogged brains.  And it might bring the insensate drive for globalist “growth” to an abrupt halt.  All of the virtue-signaling, the claiming of victimhood, and the yelping about White “privilege,” etc., might be confronted with fact.  The Left Coast would shrivel up in dry rot, and the White genosuicidists could kill themselves in despair.  The Limeys would rent their garments over the fact that their mighty stooge was no longer able to fight their wars for them.

    It would mean a serious about-face in Anglosphere’s march to stop evolution.  And Mother Earth could be given a reprieve.

  34. MASTERMIND on Thu, 17th May 2018 2:53 am 

    Theedrich

    Just face it your white race is fat and obese and can’t dance, sing, jump, play sports, or sing..it doesn’t matter if your people are more intelligent, woman don’t give a shit about that. they just want to have fun. And scum fuck white nationalist who bitch and moan all day like you theo are not what the doctor ordered..Notice there were zero woman at your march in Virginia? I wonder why that was..Just a bunch of cry babies squealing about stupid statues coming down of a war your side lost in humiliation. I cant wait to beat your fascist in the face when the civil war breaks out. Your side is scared of your own shadow and dumb as bricks..You are scared of illegal aliens, and illegal crossings have dropped by 80 percent over the last decade and half..You people don’t have brains and believe whatever Faux news scares you with…

  35. Davy on Thu, 17th May 2018 6:08 am 

    “The IEA warns for peak oil demand, not supply. The difference might be lost on you”
    There is a difference but not a separation. Peak oil demand and supply go hand in hand. Much of the supply we have today in the form of unconventionals is driven by economy. It is economic supply meaning price is a significant factor because it requires an economy to be realized. I don’t think anyone would argue with the argument unconventionals have saved the day. If peak demand occurs and it is a peak from an economy rolling over in a decline then it will drive peak supply. An economy is a function of its physical realities. A smaller economy cannot do what a larger economy can. If peak demand is driven by transition and substitution then we have another force at work. Today it is the combination of the two at work but the economy is the most underappreciated part of this mix. Just look to Venezuela what a declining economy does to supply. Since transition and substation always hits diminishing returns we need to realize the economic cycle is likely a more important variable to watch. Yet all eyes are on the excitement of technology.

    We then need to realize that we are habituated to an average normal long term economy. This most recently has been influenced by a new normal of global central bank management. Since this is uncharted waters we just don’t know how long this new arrangement can manage human economic affairs. How long will confidence and trust remain? Supply was saved post 08 crisis by technological efforts behind the shale supply. This shale supply was driven by low rates and easing and initiated by high product prices. Personally I see this new normal as just a new phase of Ponzi economics so it will run its course in failure. I do not see a future beyond that economically. Debt is an end game. When debt becomes a bubble and this debt is global and all-inclusive then it will end. There is nothing afterwards so in this sense how long do we have? Oil demand and oil supply live in this existential question. Society disregards economy because it is like oxygen it is there. When it is gone then that is when real change in understanding and behavior occurs.

  36. _______..... on Thu, 17th May 2018 11:04 am 

    So MM is a nigger wannabe. When the true American revolution starts your kind will cleansed in a few days.and the funny dancing women won’t save you

  37. JuanP on Thu, 17th May 2018 11:59 am 

    The USA could have fixed all its problems with those $21 trillions. Can you imagine a country full of literate, educated retards instead of the ignorant, illiterate ones we have? No homelessness, no unemployment, free health care for all, a healing environment, the best infrastructure in the world, everything we don’t have.

  38. MASTERMIND on Thu, 17th May 2018 12:08 pm 

    JuanP

    Yes that is true..But unfortunately the US is full of mostly stupid religious people. Who believe there life starts when they are dead and will be rewarded in the afterlife. We have a first world country with a third world mindset.

  39. MASTERMIND on Thu, 17th May 2018 12:12 pm 

    So MM is a nigger wannabe. When the true American revolution starts your kind will cleansed in a few days.and the funny dancing women won’t save you.

    Yea right. You saw what AntiFa did to Richard Spencer! And he backed down like a bitch..The poor whites, mexicans, and blacks, will tear your obese and tub o lard, great white race to pieces..You will fold like a paper bag..

  40. Cloggie on Thu, 17th May 2018 12:25 pm 

    Netanyahoo’s son is looking for a fight with Turkey:

    https://www.rt.com/news/426945-netanyahu-yair-turkey-instagram/

    Gets support from David Duke:

    https://twitter.com/DrDavidDuke/status/906767136974139392/photo/1

    Meanwhile EU completely fed up with Washington:

    http://www.spiegel.de/politik/ausland/iran-atomdeal-eu-kontert-us-sanktionen-mit-abwehrgesetz-a-1208321.html

    RT (gleefully) explains why:

    https://www.rt.com/business/427015-eu-block-us-iran-sanctions-juncker/

    https://www.rt.com/business/426974-eu-protect-business-iran-macron/

    Europe doesn’t want a trade war, but if Washington wants one, they will get it.

    In unrelated news…

    https://flipboard.com/@flipboard/-the-truth-about-d-day/f-5a3d01106d%2Fco.uk

  41. Cloggie on Thu, 17th May 2018 12:27 pm 

    You saw what AntiFa did

    You bet, taking a beating:

    https://www.youtube.com/watch?v=ZqFVXZsdl_A

  42. MASTERMIND on Thu, 17th May 2018 12:38 pm 

    Trump vs Gump

    https://imgur.com/a/zTo7BFA

  43. MASTERMIND on Thu, 17th May 2018 12:44 pm 

    Clogg

    I dont usually bite on any youtube videos you post. so keep that in mind next time you post a dozen links. Just so you don’t waste your own time. But I did bite on that one because I knew it would be that same old tired out fake titled video..That video shows a scene of chaos and disorder. And you cant even tell who the hell is fighting who. And the idiots who made it labeled it “Chases antifa” and dimwits on the right always post it. Because they want to believe it. And I dont see you fascist going into a city like Chicago or Detroit, or LA to start trouble. your side always chooses somewhere that is full of police and mostly all white people. Like SOCAL and Virginia.

    if you want to start a race war. Than go start a race war. Go marching in a major US city. Dont talk about it, be about it..Your side never will though. Because the niggas would chew you up and feed you to their pit bulls.

  44. Cloggie on Thu, 17th May 2018 12:50 pm 

    And I dont see you fascist going into a city like Chicago or Detroit, or LA to start trouble.

    Me neither.

    The idea is to push away Chicago, Detroit and LA, not to “reconquer” it. The US white nationalists/alt-right want a white ethno-state, without the left and right coast.

    We in Europe (and China) want that too… because it would restore the natural hierarchy between the Mother Civilization and its colony of 3 centuries:

    http://tinyurl.com/y8ydx6a9

    The future of white America: Mississippi River bassin:

    https://en.wikipedia.org/wiki/Mississippi_River#/media/File:Mississippiriver-new-01.png

  45. Davy on Thu, 17th May 2018 1:01 pm 

    “And I don’t see you fascist going into a city like Chicago or Detroit, or LA to start trouble.” “The idea is to push away Chicago, Detroit and LA, not to “reconquer” it. The US white nationalists/alt-right want a white ethno-state, without the left and right coast.”

    Two ignorants fight over nothing. In many US cities there are neighborhoods that are dangerous not the entire metropolitan area. Quit the distortions.

  46. Theedrich on Fri, 18th May 2018 1:54 am 

    Microcephalic understands nothing about war.  Once we have a serious nuke egg dropped on Chicago, Detroit, LA or other Negrified cities, the non-Whites will show their true nature as atavistic fetuses.  Because sub-normal IQs cannot produce anything which will allow them to survive.  All they and their Leftist-scum advocates so beloved of Minuscule Brain can do is destroy, as they have shown repeatedly.

    The micromind Kike from Canada (who dares not criticize his own regime) can join them and die in the fecal swamp the animals leave in their wake.

  47. Antius on Fri, 18th May 2018 5:23 am 

    “Two ignorants fight over nothing. In many US cities there are neighborhoods that are dangerous not the entire metropolitan area. Quit the distortions.”

    Davy, at present, there exists state hand-outs to placate these people and well funded police force militia to contain them. What do you think will happen when the money runs out and that all ends? The silverbacks will run the streets, raping, stealing and killing. It is what they do.

    Same thing in my country. A semblance of order is maintained only by a powerful state police force. When that police force fails to protect the natives from the abuses of the newcomers, censorship ensures that the information doesn’t disseminate too far. But the all powerful state is gradually running out of money and drowning in debt. Eventually, its pervasive control is going to slip. We are not too far away from the next ‘Great Recession’.

  48. Davy on Fri, 18th May 2018 5:34 am 

    “Davy, at present, there exists state hand-outs to placate these people and well funded police force militia to contain them. What do you think will happen when the money runs out and that all ends? The silverbacks will run the streets, raping, stealing and killing. It is what they do.”

    Antius, these are areas in cities not entire cities. Chicago is a huge city with areas that are wonderful. I have been there many times. There are neighborhoods that are no go areas. You know what 10, 20, 30 years ago there were neighborhoods that were no go areas. Things have not changed much. You Euros that talk shit about the US are just cherry picking your agenda. The money has run out for these people. They are part of the failed part of the US population that is 3rd world. This has not changed for years. If a collapse comes and these people move into another areas they will be dealt with by people in other areas. Americans defend themselves with guns. This is the way it has been too.

  49. Cloggie on Sat, 19th May 2018 3:02 am 

    https://www.rt.com/usa/426643-lee-camp-pentagon-theft/

    Antius, these are areas in cities not entire cities. Chicago is a huge city with areas that are wonderful. I have been there many times. There are neighborhoods that are no go areas. You know what 10, 20, 30 years ago there were neighborhoods that were no go areas. Things have not changed much. You Euros that talk shit about the US are just cherry picking your agenda.

    https://en.wikipedia.org/wiki/Chicago#Demographics

    1940: 92% white
    2010: 45% white (32% non-Hispanic white)

    Sure, things have not changed much.

    /rolleyes

    Chicago turned from a European majority city into a non-white majority city with all the usual changes that come with it: much higher crime and lower standards on all fronts.

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