Kenneth Schortgen Jr.

Crazy IMF has audacity to warn debt free Russia to diversify economy while Europe and U.S. moves towards recession

It is ironic when one of the West’s failed monetary structures chooses to give monetary or economic advice to sovereign country, but even more so when they decide to do it to a nation that is both prospering and dominating its region. But that is exactly what the IMF did on May 19 when the IMF returned from a recent visit to Moscow.

Continue reading »

With China’s Belt and Road conference, few noticed the AIIB added another 7 nations to its coalition

The Belt and Road Forum had both Russia’s President Vladimir Putin meeting with China’s President Xi Jinping on the progress of the Silk Road project, and on other programs the two leaders of the BRICS coalition have underway. And while the U.S. chose to send only a token representative to this historic conference, an interesting thing occurred outside of the Forum that signals the continuing global movement away from U.S. hegemony.

And that event was the acceptance of seven more countries into the Asian Infrastructure and Investment Bank (AIIB), which brings the total now to 77 nations signed up for China’s version of the IMF.

Continue reading »

French Rope-a-dope: Macron’s agenda shows he may actually be a puppet of the Rothschilds rather than the assumed tool of Germany

During the final debate between Marine Le Pen and Emmanuel Macron leading up to the runoff election, Le Pen made an interesting observation that may end up being one of the best political rebuttals in all of 2017. And her response to the moderators was that no matter who wins, France would be ruled by a woman… either her, or Angela Merkel.

Continue reading »

As retail investors capitulate after eight years of avoiding equities, insiders cheer as they now have useful idiots to dump their shares on

Fool me once, shame on you. Fool me twice, shame on me. This of course is a famous axiom that has acted as a reminder to people to always be aware when someone seeks to get you to perform an action that deep inside you know isn’t good for you.

And for eight years following the stock market crash of 2008-09, this has worked well for the retail investor who was fooled the first time in 2000 when the Dot Com bubble burst, and then a second time when they let down their guard to be a part of a stock market that grew from the artificially spun housing bubble.

Continue reading »

President Trump’s Inner Circle looking more like a group of ‘Hollow Men’

One of the biggest problems with filling a Presidential cabinet with older politicians and generals is that they are extremely limited in being able to see and adapt to a changing world. And while the eventual rise of Vladimir Putin in Russia helped that country to progress and thrive because they cast off the trappings of the former Soviet Union for productivity and international cooperation, the U.S. has remained trapped in a ‘Cold War’ mentality which has been run for the past 30 years by a group of what we might term, ‘Hollow Men’.

Continue reading »

It’s finally come… Wall Street wants your 401K

Ever since the U.S. financial system came hat in hand to beg taxpayers for a bailout back in 2008, it was only a matter of time before either Wall Street, or the government, would seek to find a way to steal the $19 – 25 trillion Americans have in their myriad of retirement accounts. And not withstanding Nancy Pelosi and Barack Obama’s attempts to connive individuals into shifting their 401K’s and IRA’s into government backed debt, most retiree’s money has been relatively safe over the past eight years since the Fed was providing enough ‘stimulus’ to feed the hunger of the banks and hedge funds.

Continue reading »

China’s Jinping and the ‘Trump’ card

China’s Premier Xi Jinping came to Florida for his first visit with America’s new President at a time when the world’s economic and geo-political environments are reaching a boiling point. And contrary to Donald Trump’s belief and rhetoric that he can outmaneuver China into giving up major concessions regarding the trade imbalance that has benefited the Far Eastern economy for more than two decades, the fact of the matter is that it is China, not the U.S., who holds all the cards including a new Trump card that could invariably leave the U.S. on the outside looking in.

Continue reading »

Donald Trump did the one thing to lose support from the Populist Movement… he stopped telling the truth

There are many times in history, including in U.S. history, where an outsider succeeds to the highest office despite all the odds against him. And probably the most remembered instance prior to the 2016 election was the 1828 Presidential campaign of Andrew Jackson, who is attributed as being the nation’s first real populist Commander-in-Chief.

Continue reading »

Did the EU just kill the British-German merger of exchanges because of Brexit and Article 50?

On March 28 UK Prime Minister Theresa May officially signed Article 50, setting in motion the process for Britain to officially leave the European Union. And on Wednesday that paperwork was handed over to EU officials, thus beginning what is expected to be a two year process to both dissolve and re-entreaty different agreements that may or may not extend beyond their former privileges in the continental coalition.

Continue reading »

China and Japan both blink from President Trump’s unorthodox foreign policy

As Mexico, Australia, the European Commission, Iran, China, and even Germany are quickly finding out, Donald Trump is not the type of cool, calm, and collected diplomat that they have been able to run roughshod over in the White House for the past 8 to 24 years.  In fact, as one former Australian National Security Adviser acknowledged yesterday, Trump has made everything assumed of America in the past null and void.

Continue reading »

Sorry liberals, but most Arab Americans and Muslim majority states don’t care about Trump’s new immigration ban

Perhaps the biggest irony regarding last weekend’s Executive Order signed by President Trump in which he ordered a temporary ban on incoming visitors and refugees from certain Middle Eastern states, was that the majority of protesting and outrage came from people who actually have no skin in the game when it comes to the vetting of foreign individuals.

Continue reading »

With the government finally addressing fiscal policy for first time in 8 years, the ball is now back in the Fed’s court

One of the primary reasons why the Federal Reserve has become so powerful in the last two decades is because the Legislative and the Executive Branches of government have passed the buck of fiscal responsibility over to the hands of the central banks.  In fact, following the taxpayer funded bailout known TARP, the long-time Senator from New York publicly told the central bank it was their time to ‘get to work’.

Continue reading »

Could Alibaba, rather than Amazon, be the online portal to help Make American Great Again?

There is no denying that online retail has crossed the Rubicon and is now a primary choice for consumers to use in purchasing nearly any good or service they desire.  And just like the automobile helped in the elimination of the horse and buggy industry back at the turn of the 20th century, online retail is doing its part in destroying the paradigm of brick and mortar businesses.

Continue reading »

Putin invites Trump to be in on the spoils of Obama’s failed Syrian war

In the final month of the Obama administration, both Vladimir Putin and Turkey’s Tayyip Erdogan left out the President from being a part of the peace talks in Syria as the final stages of the campaign against ISIS comes to an end.  And in a bold move here just one day before Donald Trump swears in to become the next Commander-in-Chief of the United States, the Russian leader gets in one final jab at what will one day be known in the history books as ‘Obama’s Failed War in Syria’ by inviting his political adversary to now be a part of the spoils of victory.

Continue reading »

What it will be like to live in a post-sanction world

On Jan. 14 President-Elect Donald Trump spoke with the Wall Street Journal and reiterated his desire towards seeking to improve relations with both Russia and China, and at the same time masterfully playing his obfuscation card with the media on what policies he truly intends to implement.  In fact, his ability to promote both sides of an issue to different audiences has become one of The Donald’s most powerful traits… which is the ability to go back and forth on a given topic without getting labeled with the politically divisive term ‘flip-flopper’.

Continue reading »

Team Rogue Money Radio, Friday the 13th January 2017

V the Guerrilla Economist hosts Ken Schortgen Jr., Deb @BanksterSlayer Caruthers, and W the Intelligence Insider to discuss the major economic shocks coming in the rest of 2017, including the global bond market crisis of negative interest rates, the rollout of blockchain technology through EuroClear and SWIFT. Ken reveals that known CIA front USAID was involved in India’s chaos-inducing war on cash experiment, and also asks how gold and bitcoin prices would move if just one percent of the currency invested in bonds sifted into precious metals and the borderless, non-central bank controlled cryptocurrency. V also mentions the global 6.2 billion who are either unbanked or underbanked, from Africa to the New Silk Road slated nations of former Soviet Central Asia, and the decentralization of the Internet and crypto-currency transactions. – JWS

Continue reading »

The number one news story of 2017 will be the public call for ending the dollar as the global reserve currency

For the past eight years, the idea that the world is going through a paradigm shift… a frequency change if you will, has been simmering in the background of economic, political, and geo-political events.  And if there was a beginning point for it all, it would have to be the global financial crisis that shocked the world in 2008.

Continue reading »

While the U.S. wastes time blaming Russia for hacking, Moscow looks to pluck Japan away from the West

It has not been a very good year for the U.S. establishment, which saw their power take a severe blow with the election of Donald Trump as the next President.  And when you couple this with the failures of the shadow government’s gambit in Syria, perhaps it is not surprising that the once great nation known as America is little more than a paper tiger who is now relegated to blaming scapegoats for just about every one of their failures.

Continue reading »

Despite the dollar on the precipice of 14 year highs, China still chugging away in attracting nations to the Yuan

Thanks to Mario Draghi’s big yawn announcement earlier this week where he jawboned that little would change with the European Central Bank’s monetary policy now, and in 2017, the dollar rebounded from its recent decline below 100 to soar back to just below 102 on the index.  And with this level the dollar remains above its 13 year highs achieved days after Donald Trump was elected President, and hovers just below a 14 year high point in overall strength against major currencies.

Continue reading »

The fate of the Euro, the EU, and the Western banking system could change tomorrow

In just a few hours the Italian people will wake up and go out to vote on what could be a national referendum even greater than the Brexit vote taken back in June.  This is because the outcome of the vote, whether Yea or Nay, could very well determine the futures of not only Italy’s place in the European Union, but also the solvency of Euro currency and of many Western banks.

Continue reading »

Bond markets and dollar strength screaming for a savior to usher in a currency reset

It is a fascinating thing where the propaganda media has achieved a two-fold deception on the American people over the course of the past 15 years.  The first deception involved the spinning of political beliefs and their being able to program whatever they desired in framing who were the good guys, and who were the bad in the annals of Washington.  And that was accomplished very well in 2008 and 2016 when they facilitated a black man with no experience or job record at all to move into the White House.

Continue reading »

Ken Schortgen Jr., Debra Caruthers and @Evo_Consultants on What to Expect from a Trump Presidency

“The Professor” Ken Schortgen Jr. @FinanceExaminer talks the Exchange Stabilization Fund (ESF) intervention in the markets on Election Day and what a Trump presidency means for the near economic future, in terms of infrastructure spending, repatriation of dollars held by U.S. corporations overseas, renegotiating globalist trade agreements and tax cuts stimulus.

In a separate segment, Deb @BanksterSlayer Caruthers and @Evo_Consultants talk on November 10th about the global economic paradigm shift. – JWS 

Continue reading »

DOJ caves and issues warrant for FBI to access Clinton emails on Weiner’s computer

When all is said and done, James Comey may one day be labeled as a man who tried to do right in a bureaucracy of corruption and extortion.  And by this, one simply has to look at his press conference back in July where although he didn’t file an indictment on Hillary Clinton, he made sure the public understood that she had committed crimes under the Espionage Act.

Continue reading »

Philippine, Saudi, and Turkish pivots signalling the end of the American century

Of the many themes that will go down in history for the year 2016, perhaps one of the most significant will be the pivot of nations away from the U.S. sphere of influence, and their move over to America’s perceived adversaries.  Yet even this is just a microcosm of the great frequency change taking place that seems to even go beyond the ‘Shmitah’ phenomenon, and is similar in scope to changes incurred globally during the second decade of century 100, 200, and even 1600 years before.

Continue reading »

While the focus is still on Deutsche Bank, don’t forget about Italy

Over the past two weeks the primary focus by the world’s financial caretakers has been on Deutsche Bank, and its potential to collapse several other institutions through the counter-party risk of its $40-70 trillion derivatives book.  But as the markets have appeared since last Friday to shrug off the German bank’s imminent insolvency problems, little has been mentioned about the other economy in Europe that are an even greater risk of bringing about the next ‘Lehman Moment’.

Continue reading »

RMB enters the SDR, but according to Beijing this is only the beginning

Late on Friday in the U.S., which was October 1 for many parts of the world, the Chinese RMB currency was officially placed into the IMF’s Special Drawing Rights basket.  And despite the fact that China has been internationalizing the Yuan at an ever accelerating rate since 2013, this move into the SDR will be just the first step into much greater changes according to Beijing.

Continue reading »

Obama goes to the U.N. and tries to entice world government one last time

With the media having a field day covering Donald Trump and Hillary Clinton ’round the clock, the American people have had little time seeing what their current President has been doing in his final months in office.  And when Barack Obama went ‘downtown’ to the United Nations to give his last speech to the ‘world’, perhaps the mainstream realized that they better keep it under wraps because the President issued his last and most enduring call to bring about a one world government.

Continue reading »

Central banks: Turning economies from capitalist to socialist with the click of a button

Central banks have pretty much reached the end of their tether, with the world having very few bonds left for them to buy to keep their stimulus and quantitative easing schemes afloat.  In fact, last week the European Central Bank head, Mario Draghi, stated that by the end of October he will have run out of bonds to buy, which include sovereign, bank, and even corporate debt instruments.

Continue reading »

Final screws being put to the petro-dollar system

Ever since the year 2000, the United States has used a combination of overt and covert wars to eliminate any leader or country that sought to function outside the U.S. controlled petro-dollar system.  And with the revelations that there were no ‘weapons of mass destruction’ in Iraq when former President George W. Bush used that lie to invade and assassinate Saddam Hussein, the real reasons that he sent in the military to eradicate the government once and for all were due to the fact that Hussein was in the process of selling his oil in currencies other than the dollar.

Continue reading »

Here we go: The pension collapse is now underway

A few months ago, the largest public and private pension funds announced that they were so underfunded that they would have to begin cutting benefits, or in the case of Central State Pension Fund, even cut payments to retirees altogether.  But this now appears to be just the start of a worldwide pension collapse thanks mostly to the actions of global central banks in their decisions to pick a few winners to the detriment of everyone else.

Continue reading »

Europe’s banking system out of options as access to unlimited credit pretty much done

Last week, Reuters issued a report which shows that quantitative easing has never stopped for the four major central banks, and that they are printing over $1 trillion every six months in new liquidity to support their markets.  And incredibly, what began as programs to purchase non-performing toxic debt from financial institutions has morphed into both direct equity buying, and now with the ECB, the purchasing of corporate debt.

Continue reading »

Theresa May: The banker’s Prime Minister

With the resignation of David Cameron earlier this month, the world gushed at the thought of a new woman in charge of the United Kingdom.  And while pundits have already tried to label her the Steel Lady after the first British PM Margaret Thatcher, the reality may be just a bit different as Theresa May is more likely to be a Prime Minister who serves the bankers far more than she serves the people.

Continue reading »

The U.S. is becoming the biggest hurdle for economic growth for Western economies

Almost 100 years after President Calvin Coolidge declared, ‘the business of America is business’, the Obama administration has established a new label for the empire which says, ‘the business of America is the stifling of business’.  Because sure enough, it has been the domestic and foreign polices of the U.S. which have not only brought about Western economic decline, but they have also helped the East rise to the top and stand on the precipice of seizing control over the global financial system.

Continue reading »

Draghi channels his Rahm Emmanuel and seeks to use Brexit vote to call for single global central bank

President Barack Obama’s former Chief of Staff Rahm Emmanuel once famously said, never let a crisis go to waste.  And following the referendum vote by the British people to leave the European Union in the coming months, the European Central Bank (ECB) head Mario Draghi is channeling his inner Rahm Emmanuel to use this event as a clarion call to bring all global central banks under one roof to create one massive financial institution for monetary policy.

Continue reading »

Three days after ISIS publicly targets Florida, an avowed member guns down over 100 at LGBT nightclub

On the evening/morning of June 11/12, a lone gunman seized an uncountable number of hostages at an Orlando nightclub and over the next three hours shot and killed between 50 and 100 members of the LGBT community.

According to early reports, Omar Mateen, the American born son of Afghan parents (believed to be refugees from the Soviet-Afghanistan war), planned an attack on a gay nightclub after he saw two men kissing in his vicinity in previous weeks.

However, there is much more to this story and it appears to not only involve the terror organization known as ISIS, but perhaps even a company (G4S) he worked for that has ties to Israeli security agencies.

Continue reading »

The world is rushing headlong towards a return of the gold standard

While many alternative economists are split in their trust of someone of the likes of Jim Rickards, his newest book, The New Case for Gold, has come out at a near perfect time in history.  This is because after 100+ years of central bank monetary policies built upon fractional reserve banking, debt creation, and fiat currencies, the global demand for sound, asset backed money is rushing towards us at an accelerating rate.

Continue reading »

Congressman X or 535 Congressmen?

On May 12 a bombshell book that will be out in stores in a couple of weeks takes what many Americans believed in their hearts to be the truth about our elected officials, and lays their actions wide open so we can now accept these beliefs as fact.  And that is that our Representatives do little or nothing while in their Federal offices, and instead use their Congressional mandates simply as a playground for re-election and crony wealth accumulation.

Continue reading »

China building an empire on America’s debt and consumers

The above is the full quote that has been watered down by time to mean, America would never fall from an outside influence, but by the actions of the men and government within.  And 160 or so odd years later, that apocalyptic prediction appears to be coming to pass.

America was at its greatest when it remained isolationist in foreign policy, but entirely open in supporting free trade around the world.  And it was only after World War II when the government was taken over by globalist ideologues bent on becoming the sole power over the earth that its doom would one day be assured.

Continue reading »

Are the banks preparing to use Blockchain technology to get rid of cash?

It has been a few years since J.P. Morgan’s commodity head Blythe Masters was ‘let go’ from the bank in 2014, only to resurface as the head of a new digital finance company focused on Blockchain technology.  And while there have been many startups around the world creating their own blockchain innovations, many of which are centered around Bitcoin and other crypto-currencies, one has to wonder what agenda Blythe Masters intends for the technology in her new company.

Continue reading »

Dumping dollar assets the key to protecting onself from economic warfare

Last week Saudi Arabia, a long time friend and ally to the Washington cabal, issued an ultimatum to President Obama that should Congress succeed in passing legislation to un-classify and disseminate ’28 pages’ of the 9/11 Commission report which allegedly implicate the Royal family in playing a key role in the terror attacks, then they would respond by dumping more than $750 billion worth of Treasuries and other dollar assets.

Continue reading »

U.S. blinks and allows Iran backdoor access to SWIFT following their move to sell oil in Euros

For much of the tenure in Barack Obama’s administration, the U.S. has suffered a bout of Meige’s syndrome, which stems from excessive blinking taking place during normal activities.  And whether it was the U.S. blinking in 2013 in Syria when Vladimir Putin stepped in to aid Bashir Assad, or when Washington backed down to China in allowing them to join the IMF’s SDR basket of currencies, the fact of the matter is that the reputation and strength of Washington’s power has essentially been waning steadily over the past four years.

Continue reading »

The FDIC is no longer just an insurance agency, but the primary executor for the bail-in process

If you ask any number of Americans to tell you if they believe their bank accounts are protected, a modicum of the group will reply that the Federal Deposit Insurance Corporation (FDIC) backstops their money and accounts up to $250,000.  However, if you push the envelope a little further and ask them if the FDIC has any other function, they will stare blankly at you and perhaps mumble that they are simply another government agency with only one specific purpose.

Continue reading »

New Zealand looks to join Canada as newest country to give money directly to the people

Over the past four months, several Western nations have toyed with the idea of giving monthly stipends directly to their peoples whether they were working or not.  And primarily, these ‘helicopter money’ programs were being formulated in energy countries where the lower prices have nearly devastated their economies.

Going back to December, where Finland began proposing an 800 euro monthly payment to every citizen, and forward to earlier this month where the province of Ontario, Canada is in serious discussion to give out their own flat-rate stipend to their citizens, the trend of ultimate quantitative easing is now not simply a fringe desperate measure, but becoming the next step in the Keynesian model of supporting an economy.

Continue reading »

Competent vs. incompetent on International Women’s Day

March 8 was International Women’s Day, and it was derived out of the original ‘International Working Women’s Day’ movement formed by the Socialist Party in American in 1909.  However, its greatest expansion and recognition came thanks to the formation of the Soviet Union a decade later.

The foundations behind the establishment of an annual day dedicated to working women are somewhat in question dependent upon the source, but at the heart of the cause was the ultimate demand for women’s suffrage that also manifested itself in the need for better working conditions after the tragic Triangle Shirtwaist fire that killed 146 (123 women) in New York City.

Continue reading »

March recession update: More indicators validate economy is in decline

Did anyone ever find it odd that the mainstream business pundits have used the term ‘recovery’ for a full five years now following the Fed’s QE fueled stimulus that  started in 2011?  By definition, recovery only infers that the item, in this case the markets, are in such a state up to the point in which their lost value has been recovered and anything going forward from there is considered new growth.

Continue reading »

It is not panic if you are first out the door

For the most part, people have two desires and fears in life, and in many ways both rule their choices, actions, and decisions.  The first one is that they both crave and fear security, and are willing to give up responsibility over their own future to others who promise to provide it to and form them.  Secondly, people have a subconscious fear of the end of the world, which leads them to a dichotomy of either fighting this internal demon like Don Quixote, or laying down with their arms wide open to embrace it.

Continue reading »

EU countdown to breakup? It’s like September 1939 all over again

September 30, 1938.  British Prime Minister Neville Chamberlain signs a secret accord with Germany to allow them control over parts of Czechoslovakia and appease Hitler while most of Britain, including Winston Churchill, oppose this.

February 19, 2016.  British Prime Minister David Cameron hails a secret agreement reached between the UK and the European Union for special status to justify voiding a Brexit despite the fact that London Mayor Boris Johnson and most of the British people oppose this.

Continue reading »

The Battle for Cuba is On

When President Obama suddenly lifted some sanctions against Cuba last year, many were wondering if this was a political move, or one of the inevitability of a boycott that had lasted far beyond its intended purpose.  And with the U.S. relaxing flights into Cuba by citizens, and conducting their first corporate agreement in 50 years via a new factory to be built on Cuban soil, this sphere of reasons may be expanded to include foreign policy much more than the ideology of a war against Communism.

Continue reading »

Sprechen Zi Deutsche Bank?

As we approach the grand climax of global debt default and economic reset, the broke, insolvent West has moved from killing its bankers to killing its banks. Since 2012, The Guerilla has been warning that every night Deutsche Bank shuts its doors it has the potential to never open them again. You see, Deutsche Bank is stuffed to the rafters with “assets” so toxic that even the German government might think twice about bailing it out.

Continue reading »

Three 2016 forecasts for the coming year with the dollar and geo-politics

Last night on V’s Freedomslips radio show, Wolf, the Guerrilla Economist, and I mentioned some of the forecasts and predictions each of us have for 2016.  For me in particular, I mentioned the significance of Canada, internationalization of the Yuan, and Erdogan’s ouster in Turkey, and in this article I will expand upon why I see these three events being highly significant for economies and geo-politics in the coming year.

Continue reading »