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BIDEN ADMIN EQUATES PALESTINIAN TERRORISM WITH ISRAELI SELF-DEFENSE

Written on . Posted in PT Middle East.

Assessment: Obama/Biden redux, moral equivalence between Jacob and Esau …

U.S. State Department spokesman Ned Price on Wednesday called on both Israel and the Palestinian Authority to “de-escalate” soaring tensions in the West Bank, known in Israel as Judea and Samaria.

“This year alone, more than 100 Palestinians have been killed in the West Bank and more than 30 in Gaza, while more than 20 Israelis and other civilians have been killed in terrorist attacks,” Price stated.

“So Esau hated Jacob because of the blessing with which his father blessed him, and Esau said in his heart, “The days of mourning for my father [a]are at hand; then I will kill my brother Jacob.” Genesis 27:41 

 

“We call on all parties to do everything in their power to de-escalate the situation and return to a period of calm. This is in the interest of all Israelis and Palestinians…. The United States and other international partners stand ready to help but we cannot substitute for vital actions by the parties to mitigate conflict,” he added.

Bank Of England Capitulates: Restarts QE Due To “Significant Dysfunction” In Bond Market

Written on . Posted in PT Global Economy.

Just a few days ago we wrote that “Something Is About To Break” and prompt a capitulation from one or more central banks, which oddly was met with mockery in the comment gallery. Also, a few week ago, we said that we are nearing a moment in time when central banks will do QE and rate hikes at the same time.

Third Seal: Scarcity on Earth: “When He opened the third seal, I heard the third living creature say, “Come and see.” So I looked, and behold, a black horse, and he who sat on it had a pair of scales[a] in his hand.” Rev. 6:5

(LAGARDE SAYS TOOL WOULD KICK IN IF SPREADS GO TOO FAR, TOO FAST QT on slow and gentle days QE on fast and furious days)

Finally, for much of the past year we have said it is only a matter of time before the coming market crash and economic collapse forces central banks everywhere, not just in one or two countries, to pivot as the price of economic collapse and tens of millions unemployed is far, far greater than simply shifting the inflation target from 2% to 3%.

And then, just moment ago, we were once again proven right on all three when – with UK 30Y gilt yields having exploded in recent days above 5% in an exponential move that can only be described as the bond market breaking…

Read More @ Zero Hedge HERE