Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS54.54%
Net Worth
0.787USD
STEEM
0.000STEEM
SBD
0.750SBD
Own SP
7.705SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
7.705SP
Delegated Out
0.000SP
Delegation In
0.000SP
Effective Power
7.705SP
Reward SP (pending)
0.000SP
SBD
sbd_balance
0.750SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
{
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.000 STEEM",
  "vesting_shares": "12546.995262 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "0.000000 VESTS",
  "sbd_balance": "0.750 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.000 SBD",
  "conversions": []
}

Account Info

namehtb
id54221
rank150,932
reputation31992618761
created2016-08-10T00:18:00
recovery_accountsteem
proxyNone
post_count6
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2016-08-10T02:04:36
last_root_post2016-08-10T02:04:36
last_vote_time2016-08-10T02:04:36
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power9,937
delayed_votes0
balance0.000 STEEM
savings_balance0.000 STEEM
sbd_balance0.750 SBD
savings_sbd_balance0.000 SBD
vesting_shares12546.995262 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares0.000000 VESTS
reward_vesting_balance0.000000 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update1970-01-01T00:00:00
minedNo
sbd_seconds787,626
sbd_last_interest_payment2016-08-10T13:55:42
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "id": 54221,
  "name": "htb",
  "owner": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM7VA4FPnqNzhjkt28HhanEqkyqciPv5BPdH7XT61efXvBN6qqgo",
        1
      ]
    ]
  },
  "active": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM4w4qdH75ZXw9fxKzi4HsEs8yHiAstmn9dCdbzZTUfPLXUetBXF",
        1
      ]
    ]
  },
  "posting": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM81G1ndepuAhKHWaFm1R9Hrj1qSpLzZTZx2sNiGxDLWH4QjUPn2",
        1
      ]
    ]
  },
  "memo_key": "STM6f9tTtijjSRs6NAC726sC5A6eqmujwqwupZ2EX7pnXwCUT6vrQ",
  "json_metadata": "",
  "posting_json_metadata": "",
  "proxy": "",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_account_update": "1970-01-01T00:00:00",
  "created": "2016-08-10T00:18:00",
  "mined": false,
  "recovery_account": "steem",
  "last_account_recovery": "1970-01-01T00:00:00",
  "reset_account": "null",
  "comment_count": 0,
  "lifetime_vote_count": 0,
  "post_count": 6,
  "can_vote": true,
  "voting_manabar": {
    "current_mana": 9937,
    "last_update_time": 1470794676
  },
  "downvote_manabar": {
    "current_mana": 0,
    "last_update_time": 1470788280
  },
  "voting_power": 9937,
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "sbd_balance": "0.750 SBD",
  "sbd_seconds": "787626",
  "sbd_seconds_last_update": "2016-08-10T14:15:39",
  "sbd_last_interest_payment": "2016-08-10T13:55:42",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "reward_sbd_balance": "0.000 SBD",
  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "0.000000 VESTS",
  "reward_vesting_steem": "0.000 STEEM",
  "vesting_shares": "12546.995262 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "0.000000 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "withdrawn": 0,
  "to_withdraw": 0,
  "withdraw_routes": 0,
  "curation_rewards": 0,
  "posting_rewards": 732,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "witnesses_voted_for": 0,
  "last_post": "2016-08-10T02:04:36",
  "last_root_post": "2016-08-10T02:04:36",
  "last_vote_time": "2016-08-10T02:04:36",
  "post_bandwidth": 38143,
  "pending_claimed_accounts": 0,
  "vesting_balance": "0.000 STEEM",
  "reputation": "31992618761",
  "transfer_history": [],
  "market_history": [],
  "post_history": [],
  "vote_history": [],
  "other_history": [],
  "witness_votes": [],
  "tags_usage": [],
  "guest_bloggers": [],
  "rank": 150932
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
2019/08/10 00:47:54
parent authorhtb
parent permlinkhang-the-bankers-is-now-on-steemit
authorsteemitboard
permlinksteemitboard-notify-htb-20190810t004753000z
title
bodyCongratulations @htb! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@htb/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@htb) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=htb)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
json metadata{"image":["https://steemitboard.com/img/notify.png"]}
Transaction InfoBlock #35416002/Trx 3b6e9984fe5c5b10a6925712d51f09decfe46fb6
View Raw JSON Data
{
  "trx_id": "3b6e9984fe5c5b10a6925712d51f09decfe46fb6",
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  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-08-10T00:47:54",
  "op": [
    "comment",
    {
      "parent_author": "htb",
      "parent_permlink": "hang-the-bankers-is-now-on-steemit",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-htb-20190810t004753000z",
      "title": "",
      "body": "Congratulations @htb! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@htb/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@htb) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=htb)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
    }
  ]
}
2017/08/10 02:24:21
parent authorhtb
parent permlinkhang-the-bankers-is-now-on-steemit
authorsteemitboard
permlinksteemitboard-notify-htb-20170810t022423000z
title
bodyCongratulations @htb! You have received a personal award! [![](https://steemitimages.com/70x70/http://steemitboard.com/@htb/birthday1.png)](http://steemitboard.com/@htb) Happy Birthday - 1 Year on Steemit Happy Birthday - 1 Year on Steemit Click on the badge to view your own Board of Honor on SteemitBoard. For more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday) > By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
json metadata{"image":["https://steemitboard.com/img/notifications.png"]}
Transaction InfoBlock #14440415/Trx 535af5e49c9d0db9d09ca19b629e79c85fb37d15
View Raw JSON Data
{
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  "timestamp": "2017-08-10T02:24:21",
  "op": [
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      "parent_permlink": "hang-the-bankers-is-now-on-steemit",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-htb-20170810t022423000z",
      "title": "",
      "body": "Congratulations @htb! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@htb/birthday1.png)](http://steemitboard.com/@htb)  Happy Birthday - 1 Year on Steemit Happy Birthday - 1 Year on Steemit\nClick on the badge to view your own Board of Honor on SteemitBoard.\n\nFor more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday)\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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}
2016/10/07 02:59:45
votercosmicfontaint
authorhtb
permlinkayahuasca-the-greatest-secret-in-the-universe-dmt
weight10000 (100.00%)
Transaction InfoBlock #5611754/Trx 0ae2c7578a3f450d47d7ab3436916720713eccf3
View Raw JSON Data
{
  "trx_id": "0ae2c7578a3f450d47d7ab3436916720713eccf3",
  "block": 5611754,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2016-10-07T02:59:45",
  "op": [
    "vote",
    {
      "voter": "cosmicfontaint",
      "author": "htb",
      "permlink": "ayahuasca-the-greatest-secret-in-the-universe-dmt",
      "weight": 10000
    }
  ]
}
2016/08/15 01:44:51
parent authorhtb
parent permlinkwhy-australia-can-t-avoid-a-recession
authoralaynaspop
permlinkre-htb-why-australia-can-t-avoid-a-recession-20160815t014453474z
title
bodySimply Great Information and Presentation
json metadata{"tags":["australia"]}
Transaction InfoBlock #4090492/Trx 8d7270b6e5490b575c5994af1b8bd3f0f851510b
View Raw JSON Data
{
  "trx_id": "8d7270b6e5490b575c5994af1b8bd3f0f851510b",
  "block": 4090492,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2016-08-15T01:44:51",
  "op": [
    "comment",
    {
      "parent_author": "htb",
      "parent_permlink": "why-australia-can-t-avoid-a-recession",
      "author": "alaynaspop",
      "permlink": "re-htb-why-australia-can-t-avoid-a-recession-20160815t014453474z",
      "title": "",
      "body": "Simply Great Information and Presentation",
      "json_metadata": "{\"tags\":[\"australia\"]}"
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  ]
}
2016/08/11 01:11:39
voterausbitbank
authorhtb
permlinkwhy-australia-can-t-avoid-a-recession
weight10000 (100.00%)
Transaction InfoBlock #3975204/Trx fb829d84f73e03d03382864d5158fc4d1aeb213c
View Raw JSON Data
{
  "trx_id": "fb829d84f73e03d03382864d5158fc4d1aeb213c",
  "block": 3975204,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2016-08-11T01:11:39",
  "op": [
    "vote",
    {
      "voter": "ausbitbank",
      "author": "htb",
      "permlink": "why-australia-can-t-avoid-a-recession",
      "weight": 10000
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}
htbreceived 0.092 SBD, 0.103 SP author reward for @htb / hang-the-bankers-is-now-on-steemit
2016/08/10 14:15:39
authorhtb
permlinkhang-the-bankers-is-now-on-steemit
sbd payout0.092 SBD
steem payout0.000 STEEM
vesting payout167.171390 VESTS
Transaction InfoBlock #3962109/Virtual Operation #4
View Raw JSON Data
{
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  "block": 3962109,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 4,
  "timestamp": "2016-08-10T14:15:39",
  "op": [
    "author_reward",
    {
      "author": "htb",
      "permlink": "hang-the-bankers-is-now-on-steemit",
      "sbd_payout": "0.092 SBD",
      "steem_payout": "0.000 STEEM",
      "vesting_payout": "167.171390 VESTS"
    }
  ]
}
htbreceived 0.205 SBD, 0.228 SP author reward for @htb / ayahuasca-the-greatest-secret-in-the-universe-dmt
2016/08/10 13:55:42
authorhtb
permlinkayahuasca-the-greatest-secret-in-the-universe-dmt
sbd payout0.205 SBD
steem payout0.000 STEEM
vesting payout371.525812 VESTS
Transaction InfoBlock #3961710/Virtual Operation #6
View Raw JSON Data
{
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  "block": 3961710,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 6,
  "timestamp": "2016-08-10T13:55:42",
  "op": [
    "author_reward",
    {
      "author": "htb",
      "permlink": "ayahuasca-the-greatest-secret-in-the-universe-dmt",
      "sbd_payout": "0.205 SBD",
      "steem_payout": "0.000 STEEM",
      "vesting_payout": "371.525812 VESTS"
    }
  ]
}
htbreceived 0.453 SBD, 0.504 SP author reward for @htb / why-australia-can-t-avoid-a-recession
2016/08/10 13:47:33
authorhtb
permlinkwhy-australia-can-t-avoid-a-recession
sbd payout0.453 SBD
steem payout0.000 STEEM
vesting payout821.101891 VESTS
Transaction InfoBlock #3961547/Virtual Operation #3
View Raw JSON Data
{
  "trx_id": "0000000000000000000000000000000000000000",
  "block": 3961547,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 3,
  "timestamp": "2016-08-10T13:47:33",
  "op": [
    "author_reward",
    {
      "author": "htb",
      "permlink": "why-australia-can-t-avoid-a-recession",
      "sbd_payout": "0.453 SBD",
      "steem_payout": "0.000 STEEM",
      "vesting_payout": "821.101891 VESTS"
    }
  ]
}
2016/08/10 08:31:57
votermarcrapf
authorhtb
permlinkhang-the-bankers-is-now-on-steemit
weight10000 (100.00%)
Transaction InfoBlock #3955260/Trx 715c20c8a46a70ff73eba86fa186169047946b54
View Raw JSON Data
{
  "trx_id": "715c20c8a46a70ff73eba86fa186169047946b54",
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  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2016-08-10T08:31:57",
  "op": [
    "vote",
    {
      "voter": "marcrapf",
      "author": "htb",
      "permlink": "hang-the-bankers-is-now-on-steemit",
      "weight": 10000
    }
  ]
}
2016/08/10 04:56:12
votersimon-says
authorhtb
permlinkayahuasca-the-greatest-secret-in-the-universe-dmt
weight10000 (100.00%)
Transaction InfoBlock #3950957/Trx ff3d93b24762613c49a8f0a72869bad80ebe7d93
View Raw JSON Data
{
  "trx_id": "ff3d93b24762613c49a8f0a72869bad80ebe7d93",
  "block": 3950957,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2016-08-10T04:56:12",
  "op": [
    "vote",
    {
      "voter": "simon-says",
      "author": "htb",
      "permlink": "ayahuasca-the-greatest-secret-in-the-universe-dmt",
      "weight": 10000
    }
  ]
}
2016/08/10 04:04:12
voternastrom
authorhtb
permlinkhang-the-bankers-is-now-on-steemit
weight10000 (100.00%)
Transaction InfoBlock #3949919/Trx d4895d74bec7d8987b1193cd5ca09d5adc6c291d
View Raw JSON Data
{
  "trx_id": "d4895d74bec7d8987b1193cd5ca09d5adc6c291d",
  "block": 3949919,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2016-08-10T04:04:12",
  "op": [
    "vote",
    {
      "voter": "nastrom",
      "author": "htb",
      "permlink": "hang-the-bankers-is-now-on-steemit",
      "weight": 10000
    }
  ]
}
2016/08/10 03:29:21
voterblockchainbilly
authorhtb
permlinkwhy-australia-can-t-avoid-a-recession
weight10000 (100.00%)
Transaction InfoBlock #3949222/Trx ed91c52999d9e9875dfd0b7c8edeb9c9ec3461c3
View Raw JSON Data
{
  "trx_id": "ed91c52999d9e9875dfd0b7c8edeb9c9ec3461c3",
  "block": 3949222,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2016-08-10T03:29:21",
  "op": [
    "vote",
    {
      "voter": "blockchainbilly",
      "author": "htb",
      "permlink": "why-australia-can-t-avoid-a-recession",
      "weight": 10000
    }
  ]
}
2016/08/10 03:16:00
voterjennsky
authorhtb
permlinkhang-the-bankers-is-now-on-steemit
weight10000 (100.00%)
Transaction InfoBlock #3948957/Trx 7d5c7d9812b8ecc85ebf29488968508259c210c3
View Raw JSON Data
{
  "trx_id": "7d5c7d9812b8ecc85ebf29488968508259c210c3",
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  "trx_in_block": 1,
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  "timestamp": "2016-08-10T03:16:00",
  "op": [
    "vote",
    {
      "voter": "jennsky",
      "author": "htb",
      "permlink": "hang-the-bankers-is-now-on-steemit",
      "weight": 10000
    }
  ]
}
2016/08/10 03:06:57
voterunholy
authorhtb
permlinkhang-the-bankers-is-now-on-steemit
weight10000 (100.00%)
Transaction InfoBlock #3948777/Trx 43535e4f059cf6554fffbfdc14978573af56b143
View Raw JSON Data
{
  "trx_id": "43535e4f059cf6554fffbfdc14978573af56b143",
  "block": 3948777,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2016-08-10T03:06:57",
  "op": [
    "vote",
    {
      "voter": "unholy",
      "author": "htb",
      "permlink": "hang-the-bankers-is-now-on-steemit",
      "weight": 10000
    }
  ]
}
2016/08/10 03:06:21
parent authorhtb
parent permlinkhang-the-bankers-is-now-on-steemit
authorjoelbow
permlinkre-htb-hang-the-bankers-is-now-on-steemit-20160810t030621288z
title
bodyGreat to see you on Steemit! Look forward to all your posts!
json metadata{"tags":["steemit"]}
Transaction InfoBlock #3948765/Trx b165416d449763ceb74b9a6e0806918c0ab82155
View Raw JSON Data
{
  "trx_id": "b165416d449763ceb74b9a6e0806918c0ab82155",
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  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2016-08-10T03:06:21",
  "op": [
    "comment",
    {
      "parent_author": "htb",
      "parent_permlink": "hang-the-bankers-is-now-on-steemit",
      "author": "joelbow",
      "permlink": "re-htb-hang-the-bankers-is-now-on-steemit-20160810t030621288z",
      "title": "",
      "body": "Great to see you on Steemit! Look forward to all your posts!",
      "json_metadata": "{\"tags\":[\"steemit\"]}"
    }
  ]
}
2016/08/10 03:05:39
voterjoelbow
authorhtb
permlinkhang-the-bankers-is-now-on-steemit
weight10000 (100.00%)
Transaction InfoBlock #3948751/Trx cf351e40c0f33ce0ff633f9891d497dc4e7a3c4d
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2016/08/10 02:52:03
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2016/08/10 02:51:54
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permlinkwhy-are-the-world-s-wealthiest-people-buying-gold
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2016/08/10 02:51:30
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authorhtb
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2016/08/10 02:46:18
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2016/08/10 02:41:18
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2016/08/10 02:36:15
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2016/08/10 02:35:27
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2016/08/10 02:32:30
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2016/08/10 02:10:57
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2016/08/10 02:10:57
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2016/08/10 02:10:54
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2016/08/10 02:10:51
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2016/08/10 02:10:51
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2016/08/10 02:10:48
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2016/08/10 02:10:48
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2016/08/10 02:10:45
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2016/08/10 02:10:42
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2016/08/10 02:10:33
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2016/08/10 02:10:03
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2016/08/10 02:10:03
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2016/08/10 02:09:57
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2016/08/10 02:08:24
parent authorhtb
parent permlinkhang-the-bankers-is-now-on-steemit
authorkrassvs
permlinkre-htb-hang-the-bankers-is-now-on-steemit-20160810t020819322z
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bodyhttps://www.youtube.com/watch?v=GykZ9O38vUk Your motto themesong OP! It's german, but you might catch the meaning ;-)
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2016/08/10 02:08:00
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2016/08/10 02:06:51
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2016/08/10 02:04:36
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2016/08/10 02:04:36
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2016/08/10 02:01:00
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2016/08/10 01:51:42
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2016/08/10 01:51:06
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2016/08/10 01:39:48
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2016/08/10 01:37:24
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bodyHow do I verify? It looks like the post has been pulled.
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2016/08/10 01:36:48
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parent permlinkaustralia
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2016/08/10 01:31:48
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2016/08/10 01:19:39
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2016/08/10 01:16:15
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2016/08/10 01:09:54
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2016/08/10 01:09:36
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2016/08/10 01:00:51
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2016/08/10 00:59:36
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2016/08/10 00:52:45
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2016/08/10 00:51:12
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2016/08/10 00:47:51
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2016/08/10 00:45:36
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parent permlinkayahuasca-the-greatest-secret-in-the-universe-dmt
authorcheetah
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bodyHi! I am a content-detection robot. This post is to help manual curators; I have NOT flagged you. Here is similar content: http://www.hangthebankers.com/ayahuasca-greatest-secret-universe-dmt/
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2016/08/10 00:44:42
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2016/08/10 00:44:42
parent author
parent permlinkayahuasca
authorhtb
permlinkayahuasca-the-greatest-secret-in-the-universe-dmt
titleAyahuasca: the greatest secret in the universe (DMT)
body“There is a secret, and this is it.” ~ Terence McKenna People around the world have begun to ‘wake up’ and take the journey down the rabbit hole to see what’s really going on in the world and start questioning what this reality is all about. http://i.imgsafe.org/a78b8704ce.jpg <h3>What is reality and why are we here?</h3> After personally having had multiple DMT, ayahuasca experiences and met many people who have had the opportunity to do the same it is clear that the ayahuasca experience is one of the best kept secrets in the universe. Although each persons experience on ayahuasca is unique, there are some commonalities that show up again and again. These include: - experiencing pure love and wisdom. - entering another realm more real than what we experience day-to-day on earth. - realising we are all one. - fear of death eliminated, as you realise this is a temporary existence for your soul to grow and learn. - everything is conscious. - entering a realm where space and time no longer exist, everything is infinite and in the ‘now’. - experiencing unconditional love through every cell of your being, on a level we don’t have words to describe. - having access to all information in the universe instantly. Realising we in our human bodies will never fully grasp all there is, reality is far more complex than we could ever imagine. - reliving past experiences of your life, first from your perspective, then from the other persons perspective. We get to - feel how we made them feel. This is for us to learn, not as a punishment. - there is no punishment in this realm, even if you have a ‘bad’ experience. The ayahuasca is teaching you a valuable lesson, it’s up to you to learn from it. - digging up past traumas buried deep in our subconscious, bringing them to the surface and helping us face them and get over them. - a love for all living beings (people and animals). Many people eat less meat, go vegetarian/vegan or eat more fruit and vegetable following the experience. - giving up on the material world, many people change their field of work to one that help others rather than focusing on making money for oneself. - realising that we are not here to accumulate money or physical possessions, we are here to help one another, love one another and grow. - during the experience the ego is removed, revealing your true self. - you may see complex geometry, moving and flowing in colourful patterns. - realising everything is energy vibrating at different frequencies. - feeling of your pineal gland (3rd eye) being sore for a day or two after, like a muscle worked out for the first time. - meeting other beings far more intelligent than any human and being able to telepathically communicate with them. Many people begin experiencing or noticing synchronicities in their lives following an ayahuasca experience. As if they have been aligned with their true purpose in this life. People show up in their lives, opportunities arise, they see repeating numbers like 11:11 more and more. It should be noted that taking ayahuasca will not solve your problems, it will merely highlight them and change your perspective on them so you can overcome them. It is a tool. “You can say you know everything, I’m a smart guy, I was top of my class. I get you high on DMT, I guarantee you will think about everything differently for the rest of your life.” ~ Joe Rogan <h3>How can ayahuasca help heal the world?</h3> Most people realise that the operating system our planet currently runs on is out of date and needs to be replaced with something else, ayahuasca teaches us to make love our core principle. The overall message ayahuasca gives is “LOVE”. By love I mean, unconditional love, appreciation and gratitude. Despite ayahuasca having been used by native tribes in the Amazon for thousands of years to ‘access the spirit world’ and its proven cures of both mental and physical diseases it is labelled a schedule 1 drug. DMT occurs in all living things, your body is producing it right now. Yet it is illegal. How ridiculous. Ayahuasca is non addictive, in fact it is proven to cure people of drug, alcohol and many other addictions and destructive behaviours. Ongoing studies are taking place and the results so far are worrying to Big Pharma as it actually cures the problem, not mask the symptoms like ‘modern medicine’ does. Most people would agree that humanity needs a positive shift in consciousness, nothing can deliver this faster, safer and more natural than ayahuasca can. <h3>Should I take ayahuasca?</h3> If you feel the calling then I would highly recommend you take the bold step. If you want to explore your spiritual side or try something other than the work 9-5 accumulate money till you die mentality then this may be for you. Find a recommended shaman with many years experience. A good shaman will guide your experience should you need help and will ensure you feel as comfortable as possible. Whilst ayahuasca is now spreading around the world, it comes from the Amazon, with many people now heading down to countries like Peru, Ecuador, Colombia and Brazil to have the ayahuasca experience. So prepare to have your mind opened and enter a doorway to another world more real than this one…this may well be the greatest secret in the known universe: https://www.youtube.com/watch?v=NvWHf9psnRc
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      "title": "Ayahuasca: the greatest secret in the universe (DMT)",
      "body": "“There is a secret, and this is it.” ~ Terence McKenna\n\nPeople around the world have begun to ‘wake up’ and take the journey down the rabbit hole to see what’s really going on in the world and start questioning what this reality is all about.\n\nhttp://i.imgsafe.org/a78b8704ce.jpg\n\n<h3>What is reality and why are we here?</h3>\nAfter personally having had multiple DMT, ayahuasca experiences and met many people who have had the opportunity to do the same it is clear that the ayahuasca experience is one of the best kept secrets in the universe.\n\nAlthough each persons experience on ayahuasca is unique, there are some commonalities that show up again and again.\n\nThese include:\n- experiencing pure love and wisdom.\n- entering another realm more real than what we experience day-to-day on earth.\n- realising we are all one.\n- fear of death eliminated, as you realise this is a temporary existence for your soul to grow and learn.\n- everything is conscious.\n- entering a realm where space and time no longer exist, everything is infinite and in the ‘now’.\n- experiencing unconditional love through every cell of your being, on a level we don’t have words to describe.\n- having access to all information in the universe instantly. Realising we in our human bodies will never fully grasp all there is, reality is far more complex than we could ever imagine.\n- reliving past experiences of your life, first from your perspective, then from the other persons perspective. We get to - feel how we made them feel. This is for us to learn, not as a punishment.\n- there is no punishment in this realm, even if you have a ‘bad’ experience. The ayahuasca is teaching you a valuable lesson, it’s up to you to learn from it.\n- digging up past traumas buried deep in our subconscious, bringing them to the surface and helping us face them and get over them.\n- a love for all living beings (people and animals). Many people eat less meat, go vegetarian/vegan or eat more fruit and vegetable following the experience.\n- giving up on the material world, many people change their field of work to one that help others rather than focusing on making money for oneself.\n- realising that we are not here to accumulate money or physical possessions, we are here to help one another, love one another and grow.\n- during the experience the ego is removed, revealing your true self.\n- you may see complex geometry, moving and flowing in colourful patterns.\n- realising everything is energy vibrating at different frequencies.\n- feeling of your pineal gland (3rd eye) being sore for a day or two after, like a muscle worked out for the first time.\n- meeting other beings far more intelligent than any human and being able to telepathically communicate with them.\n\nMany people begin experiencing or noticing synchronicities in their lives following an ayahuasca experience. As if they have been aligned with their true purpose in this life. People show up in their lives, opportunities arise, they see repeating numbers like 11:11 more and more.\n\nIt should be noted that taking ayahuasca will not solve your problems, it will merely highlight them and change your perspective on them so you can overcome them. It is a tool.\n\n“You can say you know everything, I’m a smart guy, I was top of my class. I get you high on DMT, I guarantee you will think about everything differently for the rest of your life.” ~ Joe Rogan\n \n<h3>How can ayahuasca help heal the world?</h3>\nMost people realise that the operating system our planet currently runs on is out of date and needs to be replaced with something else, ayahuasca teaches us to make love our core principle.\n\nThe overall message ayahuasca gives is “LOVE”.\n\nBy love I mean, unconditional love, appreciation and gratitude.\n\nDespite ayahuasca having been used by native tribes in the Amazon for thousands of years to ‘access the spirit world’ and its proven cures of both mental and physical diseases it is labelled a schedule 1 drug.\n\nDMT occurs in all living things, your body is producing it right now.\n\nYet it is illegal. How ridiculous.\n\nAyahuasca is non addictive, in fact it is proven to cure people of drug, alcohol and many other addictions and destructive behaviours. Ongoing studies are taking place and the results so far are worrying to Big Pharma as it actually cures the problem, not mask the symptoms like ‘modern medicine’ does.\n\nMost people would agree that humanity needs a positive shift in consciousness, nothing can deliver this faster, safer and more natural than ayahuasca can.\n\n<h3>Should I take ayahuasca?</h3>\nIf you feel the calling then I would highly recommend you take the bold step.\n\nIf you want to explore your spiritual side or try something other than the work 9-5 accumulate money till you die mentality then this may be for you.\n\nFind a recommended shaman with many years experience. A good shaman will guide your experience should you need help and will ensure you feel as comfortable as possible.\n \nWhilst ayahuasca is now spreading around the world, it comes from the Amazon, with many people now heading down to countries like Peru, Ecuador, Colombia and Brazil to have the ayahuasca experience.\n\nSo prepare to have your mind opened and enter a doorway to another world more real than this one…this may well be the greatest secret in the known universe:\nhttps://www.youtube.com/watch?v=NvWHf9psnRc",
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2016/08/10 00:43:54
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bodyI noticed that the same author wrote both of the articles you posted. It would probably be a good idea to verify that both of these are your work. The article is otherwise well written. All I can say on the matter of the Australian housing market is, if it looks like a bubble, and acts like a bubble... We definitely need to stand back and let the market correct itself. The more we try and intervene the bigger the bubble that bursts is going to be. So long as there are people wanting to get reelected however, taking a step back is unlikely.
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      "body": "I noticed that the same author wrote both of the articles you posted. It would probably be a good idea to verify that both of these are your work. \n\nThe article is otherwise well written. All I can say on the matter of the Australian housing market is, if it looks like a bubble, and acts like a bubble... \n\nWe definitely need to stand back and let the market correct itself. The more we try and intervene the bigger the bubble that bursts is going to be. So long as there are people wanting to get reelected however, taking a step back is unlikely.",
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2016/08/10 00:38:03
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permlinkwhy-australia-can-t-avoid-a-recession
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2016/08/10 00:37:15
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bodyHi! I am a content-detection robot. This post is to help manual curators; I have NOT flagged you. Here is similar content: http://finfeed.com/hot-topics/australia-cant-avoid-recession/20160801/
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2016/08/10 00:36:21
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2016/08/10 00:36:21
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permlinkwhy-australia-can-t-avoid-a-recession
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bodyOn the 28th July 2016, Professor of Economics at Kingston University, Steve Keen, gave a presentation on the outlook of the Australian economy at The Royal Society of Victoria located in Melbourne. The British-based economist and author of the popular Debunking Economics book considers himself to be a post-Keynesian and is highly critical neoclassical views on economics. Keen is widely known for his views on the Australian property market and is one of the few voices speaking out against the absurd levels of debt driving housing prices higher. http://i.imgsafe.org/a75c55b7b3.jpg Despite the next generations of Australians being priced out of owning a home, the Australian government and Reserve Bank of Australia pride their success on continued appreciation of the property market, believing it to be a wealth effect. With private debt in Australian now 60% higher than that in the US, combined with the end of the commodity boom that was fuelled by the China growth story, the land down under has entered uncharted waters. The government and RBA will face an uphill battle to maintain property prices from here on in as credit demand continues to fall. At present 85% of new debt finances asset purchases in Australia, with 51% of that going into the property market. According to Keen, Australia borrowed its way out of a recession in 2008 and delayed the day of reckoning, rather than solve the issues. Keen sees a 40% drop coming in the Australian property market over the next decade, who he himself is waiting for before looking to buy property in Sydney and London. This would be welcome news to the younger generation of Australians currently priced out of the market, largely due to speculative buying and overseas demand. Keen sees Melbourne and then Sydney as the most oversupplied markets in Australia for both housing and units. ##Seven countries facing a debt crisis in 1-3 years Keen’s analysis of private debt has led him to identify seven countries he believes will be most likely to suffer a debt crisis in the next 1-3 years. On this list is China, Sweden, Hong Kong, South Korea, Canada, Norway and Australia. Here’s why Keen is predicting an upcoming debt crisis… America’s 2008 crisis began when the rate of growth of credit began to fall, this is the same scenario that played out in Japan before they had their lost generation of multi-decade recessions beginning 18 years ago. Keen’s research shows that Australia, along with the seven other countries are headed down the exact same path. Even Barclays research shows that Australian households are the most indebted in the world, aiding Keen’s views that the private debt to GDP ratio is reaching alarming rates that are set to drop, sending us into a deep recession. Debt ratios http://i.imgsafe.org/a75c4a904d.jpg Unsustainable debt is going to eventually lead to a major correction in the markets, when the crisis finally hits it’s going to hit hard according to Keen. ##When will the crash happen? Accurate timing of when these events will occur can be difficult as many influencing factors come into play. Along with policies being enacted that once seemed out of the question, like the negative interest rate policy now being adopted by many of the central banks around the world, the Swiss central bank at -0.75% as one example. Keen believes the RBA will tread a similar path with the current cash rate at a historically low 1.75%, doing all it can to keep the housing bubble inflated by cutting rates in the coming months. Other factors that will influence the day of reckoning according to Keen include the private sector’s willingness to borrow from the banks and the banking sector’s willingness to lend. ##Where Steve Keen gets it wrong When asked for solutions, Keen believes private sector debt needs to be reduced. This is correct, as there is far too much cheap credit in the market fuelled by record low interest rates, which in turn fuels speculation that we saw prior to the 2008 crash. For private sector debt to be reduced Keen proposes that the government drop helicopter money to the private sector and that the RBA should have lowered rates already. However there is an opposing view. Firstly Keen believes we have a free market economy, but several economist believe this could not be further from the truth. In a true free market the banks would have been allowed to fail in 2008 restoring sanity to the markets and seeing those who speculated be punished, however the government and central banks stepped in and have only expanded the debt bomb to levels never before seen. This is interventionist economics at its finest, which is exactly what Keen promotes yet fails to see. In a true free market as proposed by Australian School of economics, the market is allowed to go through its natural cycles the same way the weather goes through seasons. Meaning downturns are a natural part of the business cycle that does not require interfering. However Keen, just like central banks, wants to intervene on free market trade, further distorting the asset prices. Keen accuses the government’s goal of attaining a budget surplus as the problem saying that it should be spending to keep the economy fuelled. So whilst Keen labels himself as being post-Keynesian, he is actually promoting expansionist Keynesian philosophy. The helicopter money solution proposed by Keen will simply transfer the debt from the private sector to the public sector. Who is then left to foot the government’s bill? Tax payers. Keen argues that the government could just print the money, once again this devalues the currency and harms the middle to lower class, particularly savers. Something Keen fails to acknowledge. Federal spending does little to boost the actual fundamentals of an economy in any efficient manner. The United States government for example has expanded its national debt from $8b to $20b under the eight years of Obama. Can anyone honestly say that the US economy and middle calls is better off as a result of all that US government spending? Their economy is so fragile that the both the World Bank and IMF have publicly warned the Federal Reserve not to raise rates as it any substantial rate rise would send the economy in a tailspin. So much for government spending being a solution, the $12 trillion of debt added will do doubt be left for the next generation of Americans to pay. Furthermore, Keen believes some bonds are good assets to hold as the government can’t go insolvent as it can print currency. What Keen fails to understand is that doing so diminishes the value of the currency. When quizzed on whether he saw value in gold and silver, historically seen as a safe haven in times of political and economic turmoil and as honest money, Keen said they were ‘speculative’. This is despite gold and silver being the best performing assets of 2016. Although Keen did acknowledge they do well in times of financial and political crisis, he fails to even mention them in any of his talks and models. Following his two hour talk about how the world is on the verge of a financial and political crisis, Keen’s failure to mention gold and silver begs the question as to whether he considers the bigger picture. How can an economist that spends most his time talking about central banks fail to mention gold? Does he believe gold is held due to ‘tradition’ as former Federal Reserve Chairman and economic bubble blower Ben Bernanke believed when asked by Congressman Ron Paul if gold is money and why central banks hold the precious metal in their vaults? If it is ‘speculative’ then why do central banks hold so much gold and why are the future superpowers Chinese and Russian central banks in particular buying physical gold hand over fist? Why is the German central bank demanding the US return its gold reserves? It seems Keen has failed to consider that gold is money and unlike fiat currencies it cannot be printed out of thin air by a government or central bank losing control of the economy. Not to mention gold is currently at all-time highs in AUD. Other solutions offered by Keen are for Australia to diversify itself into other sectors, especially now that the commodity boom is over. Saying that new industries need to take root for entrepreneurial growth to sprout from and drive innovation. This would be a wise move for Australia to make no doubt. ##In conclusion So as much as Keen’s analysis shows that Australia is facing a housing bubble may be correct, the solutions proposed by Keen are somewhat temporary, do not offer a long term solution and involve government intervention. Without offering advice for investors on where they can profit from the upcoming crisis it begs the question as to whether the left-brained Professor actually understands the underlying problem and the solutions necessary to fix them long term. For the most part, whether you agree with Keen or not, his seemingly contrarian views to the mainstream and criticism of central banks is refreshing and much needed debate in Australia. For those wishing to further delve into Keen’s views further they can visit his website: debtdeflation.com.
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      "body": "On the 28th July 2016, Professor of Economics at Kingston University, Steve Keen, gave a presentation on the outlook of the Australian economy at The Royal Society of Victoria located in Melbourne.\n\nThe British-based economist and author of the popular Debunking Economics book considers himself to be a post-Keynesian and is highly critical neoclassical views on economics.\n\nKeen is widely known for his views on the Australian property market and is one of the few voices speaking out against the absurd levels of debt driving housing prices higher.\n\nhttp://i.imgsafe.org/a75c55b7b3.jpg\n\nDespite the next generations of Australians being priced out of owning a home, the Australian government and Reserve Bank of Australia pride their success on continued appreciation of the property market, believing it to be a wealth effect.\n\nWith private debt in Australian now 60% higher than that in the US, combined with the end of the commodity boom that was fuelled by the China growth story, the land down under has entered uncharted waters.\n\nThe government and RBA will face an uphill battle to maintain property prices from here on in as credit demand continues to fall.\n\nAt present 85% of new debt finances asset purchases in Australia, with 51% of that going into the property market.\n\nAccording to Keen, Australia borrowed its way out of a recession in 2008 and delayed the day of reckoning, rather than solve the issues.\n\nKeen sees a 40% drop coming in the Australian property market over the next decade, who he himself is waiting for before looking to buy property in Sydney and London.\n\nThis would be welcome news to the younger generation of Australians currently priced out of the market, largely due to speculative buying and overseas demand.\n\nKeen sees Melbourne and then Sydney as the most oversupplied markets in Australia for both housing and units.\n\n##Seven countries facing a debt crisis in 1-3 years\nKeen’s analysis of private debt has led him to identify seven countries he believes will be most likely to suffer a debt crisis in the next 1-3 years.\n\nOn this list is China, Sweden, Hong Kong, South Korea, Canada, Norway and Australia.\n\nHere’s why Keen is predicting an upcoming debt crisis…\n\nAmerica’s 2008 crisis began when the rate of growth of credit began to fall, this is the same scenario that played out in Japan before they had their lost generation of multi-decade recessions beginning 18 years ago.\n\nKeen’s research shows that Australia, along with the seven other countries are headed down the exact same path.\n\nEven Barclays research shows that Australian households are the most indebted in the world, aiding Keen’s views that the private debt to GDP ratio is reaching alarming rates that are set to drop, sending us into a deep recession.\n\nDebt ratios\nhttp://i.imgsafe.org/a75c4a904d.jpg\n\nUnsustainable debt is going to eventually lead to a major correction in the markets, when the crisis finally hits it’s going to hit hard according to Keen.\n\n##When will the crash happen?\nAccurate timing of when these events will occur can be difficult as many influencing factors come into play.\n\nAlong with policies being enacted that once seemed out of the question, like the negative interest rate policy now being adopted by many of the central banks around the world, the Swiss central bank at -0.75% as one example.\n\nKeen believes the RBA will tread a similar path with the current cash rate at a historically low 1.75%, doing all it can to keep the housing bubble inflated by cutting rates in the coming months.\n\nOther factors that will influence the day of reckoning according to Keen include the private sector’s willingness to borrow from the banks and the banking sector’s willingness to lend.\n\n##Where Steve Keen gets it wrong\nWhen asked for solutions, Keen believes private sector debt needs to be reduced.\n\nThis is correct, as there is far too much cheap credit in the market fuelled by record low interest rates, which in turn fuels speculation that we saw prior to the 2008 crash.\n\nFor private sector debt to be reduced Keen proposes that the government drop helicopter money to the private sector and that the RBA should have lowered rates already.\n\nHowever there is an opposing view.\n\nFirstly Keen believes we have a free market economy, but several economist believe this could not be further from the truth. In a true free market the banks would have been allowed to fail in 2008 restoring sanity to the markets and seeing those who speculated be punished, however the government and central banks stepped in and have only expanded the debt bomb to levels never before seen.\n\nThis is interventionist economics at its finest, which is exactly what Keen promotes yet fails to see.\n\nIn a true free market as proposed by Australian School of economics, the market is allowed to go through its natural cycles the same way the weather goes through seasons. Meaning downturns are a natural part of the business cycle that does not require interfering.\n\nHowever Keen, just like central banks, wants to intervene on free market trade, further distorting the asset prices.\n\nKeen accuses the government’s goal of attaining a budget surplus as the problem saying that it should be spending to keep the economy fuelled. So whilst Keen labels himself as being post-Keynesian, he is actually promoting expansionist Keynesian philosophy.\n\nThe helicopter money solution proposed by Keen will simply transfer the debt from the private sector to the public sector. Who is then left to foot the government’s bill? Tax payers.\n\nKeen argues that the government could just print the money, once again this devalues the currency and harms the middle to lower class, particularly savers. Something Keen fails to acknowledge.\n\nFederal spending does little to boost the actual fundamentals of an economy in any efficient manner.\n\nThe United States government for example has expanded its national debt from $8b to $20b under the eight years of Obama. Can anyone honestly say that the US economy and middle calls is better off as a result of all that US government spending?\n\nTheir economy is so fragile that the both the World Bank and IMF have publicly warned the Federal Reserve not to raise rates as it any substantial rate rise would send the economy in a tailspin.\n\nSo much for government spending being a solution, the $12 trillion of debt added will do doubt be left for the next generation of Americans to pay.\n\nFurthermore, Keen believes some bonds are good assets to hold as the government can’t go insolvent as it can print currency. What Keen fails to understand is that doing so diminishes the value of the currency.\n\nWhen quizzed on whether he saw value in gold and silver, historically seen as a safe haven in times of political and economic turmoil and as honest money, Keen said they were ‘speculative’.\n\nThis is despite gold and silver being the best performing assets of 2016.\n\nAlthough Keen did acknowledge they do well in times of financial and political crisis, he fails to even mention them in any of his talks and models.\n\nFollowing his two hour talk about how the world is on the verge of a financial and political crisis, Keen’s failure to mention gold and silver begs the question as to whether he considers the bigger picture.\n\nHow can an economist that spends most his time talking about central banks fail to mention gold?\n\nDoes he believe gold is held due to ‘tradition’ as former Federal Reserve Chairman and economic bubble blower Ben Bernanke believed when asked by Congressman Ron Paul if gold is money and why central banks hold the precious metal in their vaults?\n\nIf it is ‘speculative’ then why do central banks hold so much gold and why are the future superpowers Chinese and Russian central banks in particular buying physical gold hand over fist?\n\nWhy is the German central bank demanding the US return its gold reserves?\n\nIt seems Keen has failed to consider that gold is money and unlike fiat currencies it cannot be printed out of thin air by a government or central bank losing control of the economy.\n\nNot to mention gold is currently at all-time highs in AUD.\n\nOther solutions offered by Keen are for Australia to diversify itself into other sectors, especially now that the commodity boom is over. Saying that new industries need to take root for entrepreneurial growth to sprout from and drive innovation.\n\nThis would be a wise move for Australia to make no doubt.\n\n##In conclusion\nSo as much as Keen’s analysis shows that Australia is facing a housing bubble may be correct, the solutions proposed by Keen are somewhat temporary, do not offer a long term solution and involve government intervention.\n\nWithout offering advice for investors on where they can profit from the upcoming crisis it begs the question as to whether the left-brained Professor actually understands the underlying problem and the solutions necessary to fix them long term.\n\nFor the most part, whether you agree with Keen or not, his seemingly contrarian views to the mainstream and criticism of central banks is refreshing and much needed debate in Australia.\n\nFor those wishing to further delve into Keen’s views further they can visit his website: debtdeflation.com.",
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2016/08/10 00:35:42
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2016/08/10 00:31:15
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bodyGold is rare and always holds value. US dollars used to be backed by gold until it started becoming worth more than the paper it represented. The only reason the paper lost value was from inflating or printing it. They de-linked gold from the dollar so they could print endless amounts of money. Eventually it has to collapse.
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      "body": "Gold is rare and always holds value.  US dollars used to be backed by gold until it started becoming worth more than the paper it represented.   The only reason the paper lost value was from inflating or printing it.  They de-linked gold from the dollar so they could print endless amounts of money.  Eventually it has to collapse.",
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2016/08/10 00:29:18
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2016/08/10 00:28:48
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2016/08/10 00:28:33
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2016/08/10 00:24:45
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2016/08/10 00:23:51
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2016/08/10 00:23:51
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permlinkwhy-are-the-world-s-wealthiest-people-buying-gold
titleWhy are the world’s wealthiest people buying gold?
body<p> Seen as a wealth preservation asset during hard economic times and used as a monetary metal for thousands of years, gold is once again on the radar for the world’s elite.</p> <p>Gold is seen as a low risk safety asset and investors tend to shift their portfolio into gold during times of economic and political uncertainty. </p> <p>Case in point: the super-rich buying up <a href="http://www.telegraph.co.uk/finance/commodities/11104055/Super-rich-rush-to-buy-Italian-Job-style-gold-bars.html" rel="noopener">‘Italian Job’</a> style gold bars.Whilst many people are unable afford the 12.5kg bars, which at time of writing would be worth around A$693,700 a bar (at a gold price A$1700 per ounce), we can gain exposure to the precious metal in the stock market through gold stocks.</p> <h2>Soros, Druckenmiller and Rothschild issue economic warnings favouring gold</h2> <p>Legendary investor and billionaire George Soros is one of the members of the upper echelon moving his investments into gold by <a href="http://www.bloomberg.com/news/articles/2016-05-16/billionaire-soros-cuts-u-s-stocks-by-37-buys-gold-producer" rel="noopener">acquiring a $264 million stake</a> in bullion producer Barrick Gold.The former hedge fund manager believes a hard landing in China is inevitable, adding that such a slump would worsen global deflationary pressures.Fellow billionaire investor Stanley Druckenmiller, is also <a href="http://www.cnbc.com/2016/05/04/druckenmiller-get-out-of-the-stock-market-own-gold.html" rel="noopener">bullish on gold</a> and sees it as the obvious investment in response to central banks around the world moving interest rates into negative territory, labelling the <a href="http://www.bloomberg.com/news/articles/2016-05-04/druckenmiller-loads-up-on-gold-saying-bull-market-exhausted" rel="noopener">monetary policy as ‘absurd’</a>.From left to right: George Soros, Lord Jacob Rothschild, Stan DruckenmillerMember of the most powerful banking dynasty known to man, that largely built its wealth on gold, Lord Jacob Rothschild penned an op-ed Reiterating the message of his billionaire comrades above.This follows on from Rothschild’s warning issued to investors late last year in his <a href="http://www.ritcap.com/sites/default/files/web%20version%20-%20RIT%20Report%20%26%20Accounts%20-%20December%202015.pdf" rel="noopener">half yearly statement</a> that expressed caution in markets going forward due to numerous of factors including:</p> <ul> <li>Quantitative easing slowing down, less liquidity in the market.</li> <li>Chinese, US and European economies producing disappointing numbers.</li> <li>Middle East tensions escalating, outbreak of potential war.</li> <li>Immigration crisis, placing strain and divide on many European nations.</li> <li>Socio-political unrest and economic turmoil growing as seen with Venezuela, Greece and Brazil.</li> </ul> <p>To date, none of the hotspot areas mentioned in Rothschild’s report have been resolved, rather many have worsened.Should these spot fires continue to gain in size and momentum we could see the economic turmoil that Soros, Druckenmiller and Rothschild are all warning about, increasing the argument for having gold in ones portfolio.</p> <h2>Demand for gold at all-time highs</h2> <p>With uncertainty brewing in markets around the world, we have seen a flight to safety with global <a href="http://www.gold.org/news-and-events/press-releases/gold-demand-record-levels-q1-2016" rel="noopener">gold demand up 21%</a> in the first quarter of 2016 compared to 2015, according to the World Gold Council.This has been led by the central banks of <a href="http://sputniknews.com/world/20160517/1039744077/russia-china-buy-gold.html" rel="noopener">China and Russia</a> who have been acquiring the asset hand over fist in recent years to bolster their reserves.Due to its perceived safety we tend to see demand, along with the gold price, spike in times of uncertainty.With the EU referendum date drawing near, the potential for a Brexit has seen <a href="https://www.theguardian.com/business/2016/jun/21/gold-bullion-demand-surges-run-up-eu-referendum" rel="noopener">demand for gold surge</a> yet again. Gold sales at the UK Royal Mint are up 32% from last month and still coming in hot.</p> <h2>Gain leverage through gold stocks</h2> <p>Whilst some investors buy the physical metal itself, many prefer to gain leverage to the gold price through the stock market.For example a +10% move in the price of gold could see gold stocks gain 100% in turn, we have seen this already in 2016 through the XAU and HUI gold sector indexes both doubling since the beginning of the year.</p> <p>The XAU is a capitalisation-weighted index composed of companies involved in the gold and silver mining industry.It is important here to remember that past performance is no guarantee of future performance.Let’s take a closer look at the XAU index vs the spot price of gold in USD:The chart above demonstrates how gold stocks can be used as a leverage tool over the actual physical commodity. </p> <p>Should the gold price take off as many experts believe, including commodities expert Jim Rickards who is calling for <a href="http://www.cnbc.com/2016/06/10/is-10000-gold-on-the-horizon-one-commodities-expert-says-yes.html" rel="noopener">US$10,000 p/oz gold in the future</a>, we could see many gold miners and explorers experience a strong re-rating.</p> <p>With the world’s power elite moving into gold it may be worth considering getting some gold exposure into your portfolio. Especially for those looking to leverage any potential upside moves in the price of the precious metal through gold stocks. </p>
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      "permlink": "why-are-the-world-s-wealthiest-people-buying-gold",
      "title": "Why are the world’s wealthiest people buying gold?",
      "body": "<p> Seen as a wealth preservation asset during hard economic times and used as a monetary metal for thousands of years, gold is once again on the radar for the world’s elite.</p>\n<p>Gold is seen as a low risk safety asset and investors tend to shift their portfolio into gold during times of economic and political uncertainty. </p>\n<p>Case in point: the super-rich buying up <a href=\"http://www.telegraph.co.uk/finance/commodities/11104055/Super-rich-rush-to-buy-Italian-Job-style-gold-bars.html\" rel=\"noopener\">‘Italian Job’</a> style gold bars.Whilst many people are unable afford the 12.5kg bars, which at time of writing would be worth around A$693,700 a bar (at a gold price A$1700 per ounce), we can gain exposure to the precious metal in the stock market through gold stocks.</p>\n<h2>Soros, Druckenmiller and Rothschild issue economic warnings favouring gold</h2>\n<p>Legendary investor and billionaire George Soros is one of the members of the upper echelon moving his investments into gold by <a href=\"http://www.bloomberg.com/news/articles/2016-05-16/billionaire-soros-cuts-u-s-stocks-by-37-buys-gold-producer\" rel=\"noopener\">acquiring a $264 million stake</a> in bullion producer Barrick Gold.The former hedge fund manager believes a hard landing in China is inevitable, adding that such a slump would worsen global deflationary pressures.Fellow billionaire investor Stanley Druckenmiller, is also <a href=\"http://www.cnbc.com/2016/05/04/druckenmiller-get-out-of-the-stock-market-own-gold.html\" rel=\"noopener\">bullish on gold</a> and sees it as the obvious investment in response to central banks around the world moving interest rates into negative territory, labelling the <a href=\"http://www.bloomberg.com/news/articles/2016-05-04/druckenmiller-loads-up-on-gold-saying-bull-market-exhausted\" rel=\"noopener\">monetary policy as ‘absurd’</a>.From left to right: George Soros, Lord Jacob Rothschild, Stan DruckenmillerMember of the most powerful banking dynasty known to man, that largely built its wealth on gold, Lord Jacob Rothschild penned an op-ed Reiterating the message of his billionaire comrades above.This follows on from Rothschild’s warning issued to investors late last year in his <a href=\"http://www.ritcap.com/sites/default/files/web%20version%20-%20RIT%20Report%20%26%20Accounts%20-%20December%202015.pdf\" rel=\"noopener\">half yearly statement</a> that expressed caution in markets going forward due to numerous of factors including:</p>\n<ul>\n  <li>Quantitative easing slowing down, less liquidity in the market.</li>\n  <li>Chinese, US and European economies producing disappointing numbers.</li>\n  <li>Middle East tensions escalating, outbreak of potential war.</li>\n  <li>Immigration crisis, placing strain and divide on many European nations.</li>\n  <li>Socio-political unrest and economic turmoil growing as seen with Venezuela, Greece and Brazil.</li>\n</ul>\n<p>To date, none of the hotspot areas mentioned in Rothschild’s report have been resolved, rather many have worsened.Should these spot fires continue to gain in size and momentum we could see the economic turmoil that Soros, Druckenmiller and Rothschild are all warning about, increasing the argument for having gold in ones portfolio.</p>\n<h2>Demand for gold at all-time highs</h2>\n<p>With uncertainty brewing in markets around the world, we have seen a flight to safety with global <a href=\"http://www.gold.org/news-and-events/press-releases/gold-demand-record-levels-q1-2016\" rel=\"noopener\">gold demand up 21%</a> in the first quarter of 2016 compared to 2015, according to the World Gold Council.This has been led by the central banks of <a href=\"http://sputniknews.com/world/20160517/1039744077/russia-china-buy-gold.html\" rel=\"noopener\">China and Russia</a> who have been acquiring the asset hand over fist in recent years to bolster their reserves.Due to its perceived safety we tend to see demand, along with the gold price, spike in times of uncertainty.With the EU referendum date drawing near, the potential for a Brexit has seen <a href=\"https://www.theguardian.com/business/2016/jun/21/gold-bullion-demand-surges-run-up-eu-referendum\" rel=\"noopener\">demand for gold surge</a> yet again. Gold sales at the UK Royal Mint are up 32% from last month and still coming in hot.</p>\n<h2>Gain leverage through gold stocks</h2>\n<p>Whilst some investors buy the physical metal itself, many prefer to gain leverage to the gold price through the stock market.For example a +10% move in the price of gold could see gold stocks gain 100% in turn, we have seen this already in 2016 through the XAU and HUI gold sector indexes both doubling since the beginning of the year.</p>\n<p>The XAU is a capitalisation-weighted index composed of companies involved in the gold and silver mining industry.It is important here to remember that past performance is no guarantee of future performance.Let’s take a closer look at the XAU index vs the spot price of gold in USD:The chart above demonstrates how gold stocks can be used as a leverage tool over the actual physical commodity. </p>\n<p>Should the gold price take off as many experts believe, including commodities expert Jim Rickards who is calling for <a href=\"http://www.cnbc.com/2016/06/10/is-10000-gold-on-the-horizon-one-commodities-expert-says-yes.html\" rel=\"noopener\">US$10,000 p/oz gold in the future</a>, we could see many gold miners and explorers experience a strong re-rating.</p>\n<p>With the world’s power elite moving into gold it may be worth considering getting some gold exposure into your portfolio. Especially for those looking to leverage any potential upside moves in the price of the precious metal through gold stocks. </p>",
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