“What our media will barely talk about, the Chinese have entered into eleven international agreements, including oil, without using dollars, China now has a currency swap deal with Brazil, Japan, Australia, Russia and Iran . . .  US dollars cannot be used to buy oil from Iran, but that doesn’t mean that Iran isn’t selling oil because they are. Goods including wheat, soybean meal and consumer products are being traded by China and India for oil. One more thing here: for thirty eight years the Saudis have protected the petrodollar but that could change – the world’s largest oil refinery is now under construction in Saudi Arabia and it’s being built by, you guessed it, the Chinese. China now imports more oil from Saudi Arabia than the United States does. If China becomes Saudi Arabia’s most important trading partner, why should the Saudis continue to only sell oil in US dollars?” – Ben Swann, Reality Check.

The blindstream propaganda media reaches new levels of absurdity daily, with their continued failure to point out pertinent and important issues for the general population, which isn’t a surprise because it has become increasingly apparent it is merely an agent for elites and their interests in this neo-feudal society we call Western democracy.

“These numbers generally are worthless,” said economic analyst Walter J. Williams, speaking of the official government jobs numbers.  “The markets gyrate over worthless data. The month-to-month comparison in the unemployment rate is absolutely meaningless. If the numbers aren’t comparable, you cannot say if it’s up or down versus the month before, because you don’t know if the numbers are on a consistent basis.”

“Republicans and Democrats have raised the debt ceiling like Pavlovian dogs for years . . .  we’re gonna hit that real fiscal cliff, and there’s no getting out of it. Once international investors lose confidence in our currency and our bond market, we will be rendered insolvent as a nation. So I don’t understand, and I want to say one thing . . . twenty percent of our fiscal cliff is cutting the spending of Washington D.C. and where do they get their money from? They get it from the private sector or print it.” Michael Pento, on Fox Business.

Meanwhile, the blogosphere is asking the question, “Are Businesses Quietly Preparing for a Financial Apocalypse?”, as corporations are ” . . . sitting on more cash than at any point since World War II. Businesses are holding onto $1.4 trillion in reserves, which is odd, considering that “[i]f these businesses could conjure up even the most marginal of projects to earn a meager 1% return, they would generate $14 billion profit. Instead, they’re sitting on the cash and earning near zero for a guaranteed after-inflation loss.”

“Some 20 percent of all publicly traded companies tweak their numbers in some shape or form during earnings season and within the law, a new study finds”, according to a report on Moneynews. “Of the 20 percent of companies tweaking earnings to hit targets, 40 percent did so to the downside to make future earnings look even better” the article says.

Trying to piece together what’s really going on in the bankster ponzi scheme economic world is like trying to thread rope through a needle, but it must be done so that the cracks in the lying media’s story can be revealed. This allows those that are awakened to the reality of what’s going on to have better information, as I’m sure there are undoubtedly many disinformation sources posing as legitimate in this time of turmoil. By realizing the truth, we realize the root of the problem, much like how Iceland realized their societal problem, the banksters, where the country is now enjoying economic prosperity while the media continually ignores any alternative to the current paradigm of debt as the answer to a debt problem, and where politicians are nothing more than low level bureaucratic mouthpieces for puppet masters.

Am I on hopium?

“When I traveled to Reykjavik in October 2008 to offer the IMF’s assistance, the situation there was critical. The country’s three main banks—which made up almost the entire financial system—had just collapsed within a week of each other. The sense of fear and shock were palpable—few, if any, countries had ever experienced such a catastrophic economic crash” writes Poul M. Thomsen of the IMF, of all places.

“Today, three years later, it is worth reflecting on how far Iceland―a country of just 320,000 people―has come since those dark days back in 2008. Growth has returned to the economy, and new jobs are being created: unemployment, although still unacceptably high for a country used to near-full employment, has dropped below 7 percent of the work force. In June this year, the government successfully issued a $1 billion sovereign bond, marking a return to international financial markets” he writes. Of course, he ignores the arrest of the banksters as a huge reason, but even the IMFer has to admit progress.

So to answer my own question, hopium is what’s offered by the stooge politicians, what Iceland did was push for a real solution.