UPDATE: Thousands of people have been ordered to evacuate in western North Carolina due to a dam that is in “imminent danger” of failing, NBC reported.
The National Weather Service said a landslide “has compromised [sic] the integrity of Lake Tahoma Dam.” They said mandatory evacuations were underway. They urged everyone in the evacuation zone to “act now to preserve your life!”
McDowell county emergency management reports water is spilling around the sides of Lake Tahoma dam. Evacuations ongoing south of the dam. THIS IS A LIFE-THREATENING SITUATION. HEED ALL EVACUATION ORDERS IMMEDIATELY! If you are not threatened by floodwaters, shelter in place.
Too many pundits believe Germany holds all the aces in the European power dynamic. After all, they are the creditor nation with all the wealth. They should be able to dictate the terms of the European Union and instill their fiscal and monetary dominance on the rest of the EU nations.
Yet we have long passed the point where Germany can walk away from this union. Let’s forget the political implications of an EU collapse (which are considerable and provide a great degree of inertia for the EU remaining together), and instead focus on the fiscal implications.
Start with the obvious. The ECB is busy ramping up their balance sheet. At the start of 2015, they held 2 trillion euros in assets. Over the past three-and-a-half years, the ECB has more than doubled that. They now own more than 4.5 trillion of euros in assets.
Yup. Germany just keeps digging a bigger and bigger hole. Another 900 trillion of assets that have been lent out to European nations. So almost 25% of German GDP.
Germany might think they will dictate terms of the European Union, but the reality is that they have way too much at stake to enforce their will on the debtor nations. Any perceived overly restrictive conditions will just hasten the EU’s demise.
End result
No denying that Europe is a financial basket case. The main Central Bank is expanding its balance sheet at an unprecedented rate. All the while, the individual countries’ Central Banks are furiously adding exposure in a desperate attempt to keep the whole system from falling apart. Add into this toxic mix various political shenanigans as different countries try to extract even more advantage.
1) Hillary Clinton Memorial Day Parade
2) Concern over 5g wireless towers
3) Right to be Forgotten
4) Anti-Free speech professor
5) Man gets 90 days house arrest for what?
With UK traders returning from vacation, Italy woke up to a sheer selling panic as yesterday’s “modest” selloff mutated into a full-blown liquidation avalanche, lead by a furious repricing of the BTP curve, where 2Y yields exploded another 170 bps higher on the day rising to 2.60% from negative just a few days ago…
David Wilcock: Welcome to another episode of “Cosmic Disclosure”. I’m your host, David Wilcock. And we have a special treat for you: two high-level insiders who have never before spoken in any public or really private forum in the way that we’re going to right now…
Lava from Hawaii’s erupting Kilauea volcano is edging closer to a geothermal plant, escalating fears of a potentially lethal and toxic hydrogen sulfide explosion.
Molten lava crossed into the property of Puna Geothermal Venture (PGV) Saturday, according to the US Geological Survey, heightening concerns that the lava flow could make contact with the power station’s 11 wells.
1) Wikileaks’ opinion on QAnon
2) More Tommy Robinson
3) Facebook to ban Pepe The Frog Images
4) MIT on Amazon Alexa
5) Airforce officer talking about alien
As Bloomberg reports, the panel had its prickly moments. After Putin suggested that Europe depended on the U.S. for its security, and told Macron there was “no need to worry” because Russia would help, the French president shot back.
The mainstream media in the United States almost entirely ignores Europe, but I believe that what is going on over there is the key right now.
Italy is a financial basket case, and Europe isn’t going to be able to handle a complete and total Italian financial collapse. If you will remember, Europe could barely handle what happened in Greece, and the Italian economy is many times the size of Greece.
The can has been kicked down the road several times before on the Italian crisis, but now we are getting to the point where it simply won’t be able to be kicked down the road any further.
And once things start unraveling over in Europe, we will be deeply affected in the United States as well. The global financial system is more interconnected than ever before, and at this point we are even more vulnerable than we were just prior to the crisis of 2008.
Alberto’s appearance is becoming more typical of what a tropical system is expected to look like, as clouds and thunderstorms are beginning to wrap counterclockwise on the northern side around Alberto’s center of circulation.
1) Imprisonment of Tommy Robinson
2) RFK Jr. believes it was not Sirhan Sirhan
3) Controlling a film with your mind
4) Mystery Booms
5) Elon Musk the villian now according to MSM
6) Solo crashes overseas, and is struggling at Box Office
Florida Governor Rick Scott on Saturday declared a state of emergency as subtropical storm Alberto moves north toward the U.S. Gulf Coast, threatening to bring heavy rainfall and flooding by Monday, according to officials.
Astronomically high college tuition facilitated by a bottomless ocean of student loans has saddled Americans with a record $1.48 trillion in non-dischargeable debt – an amount which has more than doubled since the 2009 lows.
A dangerous radioactive element could be lurking in your tap water. It’s odorless, invisible, and tasteless but it’s affecting up to 170 million Americans every day.
1) News stories scrubbed from Google news
2) Netflix now worth more than Disney
3) Facebook wants your pics 2.0
4) Amazon records and shares
5) Antidepressants linked to Dementia
The mass gas shortage in Brazil is spreading. Locals are waiting in super long lines to get whatever amount of gas they can. It seems the MSM are not really saying to much about what is happening.
If you have any info you would like me to report on, let me know at dahboo7@yahoo.com.
This video is terrifying! A huge crack related to the ongoing Kilauea volcanic eruption goes right through a family house. The building may be soon underground as the cracks in the ground are growing every day a bit more.
1) Wikileaks releases video of “grab team”
2) US government employee suffers sound/brain injury
3) Proof Salon a racist publication
4) Evergreen State backlash, staff cuts
5) Show Dogs movie pulled from theatres, for what?
