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If you seek to understand the world of human activity, look first to the self-interests of those involved. As true for the whole as it is for the parts, you will by so doing come to understand the actions of nations as well as the behavior of individual men and women; and when you do discover what the underlying self-interests are, you will discover, too, the actual nature of the self then being served.
- Darryl Robert Schoon


12/8
NOTICE: DUE TO WORK ON NEW BOOK PROJECTS, NEW WEBSITE POSTINGS WILL BE ON TUESDAYS AND FRIDAYS
12/8/2017
Trump campaign offered hacked documents by Wikileaks



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12/8/2017
Wikileaks faces US probes into its 2016 election role



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12/8/2017
Societe Generale: The great credit party is almost over



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12/8/2017
Bitcoin price just surpassed $16,000
Bitcoin reached $19,000. Excess money chases its tail.


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12/8/2017
Bitcoin drops 20% in 10 hours after dramatic gains



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12/8/2017
Is Bitcoin just ‘tulip mania’ take two?
The endgame is bubble time. Thought it wasn't?


 full article...
12/8/2017
Hackers steal $64 million from cryptocurrency firm NiceHash



 full article...
12/8/2017
EU and UK break Brexit deadlock to move talks



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12/8/2017
Pound jumps on Brexit breakthrough



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12/8/2017
Wildfires continue to ravage Southern California fires spread
Record heat, record cold, record rain, fires, floods, drought, etc. The earth changes are here.

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12/8/2017
Four of California deadliest wildfires have occurred this year
The earth changes are here.


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12/8/2017
IMF: China’s debt levels pose stability risks
China joins Japan, the US, etc. in the risky debtors club.  full article...
12/8/2017
Commodities crumble again as China alarm bells sink markets
China’s extraordinary economic expansion is slowing. So is the demand for commodities.  full article...
12/8/2017
China turns to natural gas to fuel its needs



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IMF calls for China banks to boost capital buffers



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12/5/2017
NOTICE: DUE TO WORK ON NEW BOOK PROJECTS, NEW WEBSITE POSTINGS WILL BE ON TUESDAYS AND FRIDAYS
12/5/2017
Dow jumps 250 points to record as Wall Street cheers Senate passing tax bill
The bubble gets bigger.  full article...
12/5/2017
Trump’s new tax plan would provide top 1% with 62% of tax benefit



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12/5/2017
Flynn deputy contradicts herself in testimony
K.T. McFarland lied in Senate testimony.


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12/5/2017
Mueller subpoenas Trump Deutsche Bank records
Mueller investigates if Russia used Deutsche Bank to fund Trump. Deutsche Bank was fined $670 million for laundering Russian money.  full article...
12/5/2017
US embassy in Israel: Arab leaders warn Trump ahead of Jerusalem decision



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12/5/2017
Trump delays decision over US embassy in Tel Aviv



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12/5/2017
Deadly wildfire forces thousands to flee
Record heat, record cold, record rain, fire, floods, drought, etc. The earth changes are here.


 full article...
12/5/2017
US rejection of China’s market economy status could have huge implications for US-China trade
Trump rolls the dice. No surprise here.  full article...
12/5/2017
In mortgage fraud frenzy, China’s banks face a hidden danger
Cheap credit, excess money printing and China’s obsession with real estate will end badly.  full article...

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DARRYL ROBERT SCHOON: Coming Soon - the Worst Collapse of Our Lifetime
The resolution of the 300-year old ponzi-scheme of credit and debt is almost here. The end, however, is the beginning of something far better.  full article...


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2017: The Mother of All Paradigm Shifts
Increasing institutional failures, e.g., political, cultural, social, religious and economic, are a sign of a historical paradigm shift. In this talk, I explain my personal perspective about these profound times. This talk was given at the Temple of Universality on August 13, 2017.


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US housing bubble is back



Truthdig: Chris Hedges: The American empire’s descent into dystopia
All empires end. It’s never pretty and America’s is no exception. Worthy of thought and reflection.


 

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The bitcoin whales: 1,000 people who own 40% of the market
Worthy of thought and reflection.  

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NDTV: Will the bitcoin bubble burst?
Worthy of thought and reflection.


 

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Trevor Noah: DentureDonald slurs through a White House address




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New estimate says 46 million Americans headed to Alzheimer’s
These are epidemic numbers.  full article...
Saudi Arabia and Iran square off over the Middle East



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Creating a veggie burger that tastes just like meat



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“Trouble In The Fields’ by Nancy Griffiths





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Dollars and Sense, Show 50, Bankers, England and Israel

Dollars and Sense, Show 50, Bankers, England and Israel



DRSCHOON.COM features the articles of Professor A. E. Fekete of the New Austrian School of Economics, a leading expert on gold and its role in financial markets and the economy.

Timing Hyperinflation

The Saga of Unraveling Global Fiat Money Issued on the Strength of Irredeemable Promises of Governments

Synopsis
The consensus pushed by mainstream economists almost all of whom are staunch supporters of global fiat money based, as it is, on irredeemable promises of governments, is that the problem of inflation has been disposed of through successful government measures such as QE (quantitive easing), ZIRP (zero interest policy) blowing bubbles in the bond, stock and real estate markets. Governments have also succeded in their war on gold: the precious yellow has been marginalized. Gold has been put where it belongs: in the dog-house. full article...

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