The financial Globalists at the Bank for International Settlements have a strategic plan, make no mistake.....................
From Ukraine to Gaza, geopolitical risks are weighing heavily on investors’ minds. But there are plenty more out there that may not be getting headlines.
- Gunshots, tear gas in riots over shooting of black Missouri teen (Reuters)
- Russia sends big aid convoy to Ukraine, West sounds warnings (Reuters)
- Maliki Bid to Block Successor Escalates Crisis in Iraq (BBG)
- Poor German data pushes euro toward 9-month lows against dollar (Reuters)
- Derivatives Reincarnate Boosting Debt Wagers in New Era (BBG)
- Israel Says No Gaza Talks Progress as Hamas Warns on Truce (BBG)
- Traders brace for research crackdown as easy money dries up (Reuters)
- U.S. Bank Profits Near Record Levels (WSJ)
- Unproven Ebola Drugs Are Ethical to Use in Outbreak: WHO (BBG)
- Caesars’ CEO Loveman Says No Qualified Bidders for Revel (BBG)
While the conflict in Ukraine rages on, EU member states havedecided to impose (not so much more stringent)economic sanctions against Russia, which was predictably followed by Russian counter-measures. The question which isn't being asked often enough, is whether these sanctions will actually improve the situation. Here's an analysis following four concrete questions:
1. Can things get even worse in Russia?
2. Is the West able to guide Russia and Ukraine down the right path?
3. Can the West contribute to a sharpening of the crisis?
4. How can the West protect itself against this conflict?
... Who America and Her Close Allies SUPPORT (the Terrorists, That Is) ...
German Handelsblatt Releases Stunning Anti-West Op-Ed, Asks If "West Rabble-Rousers Are On The Payroll Of The KGB"Submitted by Tyler Durden on 08/08/2014 22:57 -0500
Up until this point Angela Merkel, and German media in general, had been staunchly on the side of the west when it comes to dealing with Russia, Putin and realpolitik in broader terms. That changed dramatically today when Gabor Steingart, the chief editor of Handelsblatt, Germany's leading economic newspaper, came out with a stunning op-ed, in German, English and Russian, titled simply that "The West on the wrong path" in which the editor comes out very vocally against the autopilot mode German media has been on for the past several months and calls for an end to a strategy of sanctions and Russian confrontation that ultimately "harms German interests" and is a dead end.
The worst possible approach is to give Putin more credibility at home...
With everyone focused on China as the source of next systemic risk, most forgot or simply chose to ignore Europe, which through Draghi's verbal magic was said to be "fixed." Or at least everyone hoped that the rigged European bond market would preserve the "recovery" illusion a little longer giving the world some more time to reform pretend it is doing something to fix it. Turns out that was a mistake, confirmed earlier not only by the plunge in German Factory Orders which cratered -4.3%, down from 7.7% and below the 1.1% revised, and UK Industrial production which missed expectations of a 0.6% boost, rising only 0.3%, but most importantly Italy's Q2 GDP shocker, which as we reported earlier, dropped for the second consecutive quarter sending the country officially into recession. As a result, European stock markets, Stoxx600, has joined the DJIA in the red for the year while Germany's 2 Year Bund just went negative on aggressive risk aversion, the first time since 2012.
A two-star US General has been killed in Afghanistan, according to ABC News, which appears to be the highest-ranked US officer KIA since The Vietnam War. The attack took place in the relative safety of the officers academy at Camp Qargha, Kabul, when a gunman wearing an Afghan army uniform apparently turned his weapon against Americans and other Afghans. In addition to the US general's death, a German brigadier general was injured along with 15 other ISAF personnel. Afghan President Karzai said the attack was "an act by the enemies who don’t want to see Afghanistan have strong institutions."
Never has so much fragility-in-motion come so close to an implacable wall of consequence. Here's what we think is going to happen now...
Ten times a year, once a month except in August and October, a small group of well dressed men arrives in Basel, Switzerland. Carrying elegant overnight bags and stylish brief cases, they discreetly check into the Euler Hotel, across from the railroad station. They come to this quiet city from places as disparate as Tokyo, Paris, Brasilia, London, and Washington, D.C., for the regular meeting of the most exclusive, secretive, and powerful supranational club in the world.
America Used COMMUNIST Torture Techniques SPECIALLY DESIGNED to Produce F·A·L·S·E Confessions
Nouriel Roubini, Kyle Bass, Hugo Salinas Price, Charles Nenner, James Dines, Jim Rogers, David Stockman, Marc Faber, Jim Rickards, Paul Craig Roberts, Martin Armstrong, Larry Edelson, Gerald Celente and Others Warn of Wider War
For reasons that have no rational explanations at this time, the US and Europe have embarked on a concerted program to demonize Putin, ostracize Russia, and bring the world as close to a major conflict as it's been since the Cold War, a time hardly memorable to many in the current crop of our elected officials. A dangerous dynamic is brewing between the West and Russia/Putin. We are seeing a rush to war very similar to the one that led up to Saddam's ouster, but this time, we have much less justification (hard to believe) and the opponent is tremendously more capable. There is little sense in the course the West is currently pursuing, little to gain, and much to lose. The main conclusion here is that not only is the US poking the bear, but it is doing so with increasing frequency and upping the ante dangerously with each step.
Despots, dictators, and power hungry presidents arise in an atmosphere of fear, scarce resources, hopelessness, and misery. As the power of the central government grows; the freedoms, liberties and rights of the people are diminished and ultimately relinquished.