The topic of ‘currency war’ has been bantered about in financial circles since at least the term was first used by Brazilian Finance Minister Guido Mantega in September 2010. Recently, the currency war has escalated, and a ‘sanctions war’ against Russia has broken out. History suggests that financial assets are highly unlikely to preserve investors’ real purchasing power in this inhospitable international environment, due in part to the associated currency crises, which will catalyse at least a partial international remonetisation of gold. Vladimir Putin, under pressure from economic sanctions, may calculate that now is the time to play his ‘gold card’.
The lofty leaders at the ECB, and Berlin, Paris, Brussels, pretend they can make everything right that’s wrong inside their toy monetary union through asset purchases, sovereign bond purchases, and anything that falls in the ‘whatever it takes’ category. But it’s all just bluff. Because, what it all boils down to, they can’t keep buying Greek bonds with German taxpayer money until the end of time. And the markets know this.
As most readers are aware, the false left/right paradigm has been the primary control mechanism used against the American people for decades. The idea being that in order for establishment elites to maintain control of a population with a heritage of independence, a facade of choice must be created to placate the dim-witted masses while the system itself is dominated from behind the scenes. The people of a republic must be conned into participating in the process of their own enslavement, at least until the oligarchs are ready to unleash full-blown totalitarianism.
In modern times, war is never what it seems. Mainstream historians preach endlessly about grand conflicts over territory, resources, political impasse, and revenge, but the cold hard reality is that all of these “motivations” are actually secondary, if they are relevant at all. If you really want to understand the past, or the intricacies of war, you will be lost unless you accept that most conflicts are designed; they are not random or natural. They are not the product of too much national sovereignty or individual liberty. No; traditional war is a tool for the organized ruling class. It always has been and always will be.
Scottish voters are going to the polls in just over a week to decide if they should break away from the UK. And from the looks of things, the independence movement has a very strong chance of winning. Whenever major changes happen, this brings opportunities as well. For example, a newly independent Scotland would create its own tax and corporate laws, potentially providing a number of major incentives to attract foreign talent and productive companies. A Scottish passport would also be attainable for many people. Some basic guidance has already been issued...
"Government engineered false-flag terrorism is a historically established fact. With all this hype circling ISIS, I have to suggest that maybe, just maybe, we are being given the ultimate scapegoat for the ultimate false flag attack. I believe the time is in fact ripe for a large scale false-flag on American soil."
The goal will be to terrify you and those around you into seeking out a more powerful, more centralized government authority to protect your security, to provide cover for the continued planned collapse of American society into third world status, and out of these ashes, the centralization of the political and financial foundations of our world into the hands of an elite few.
The financial Globalists at the Bank for International Settlements have a strategic plan, make no mistake.....................
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.
The problem for the ECB, of course, is that Espirito Santo and Erste are not isolated incidents, any more than Laiki and Fortis and Anglo Irish and WestLB and BMPS and... should we go on? ...were isolated incidents. "...with apologies to Lewis Carroll, here’s the choice facing our modern-day Alice (Mario Draghi) – does (s)he sing a lullaby that keeps the Red King (investors) sleeping for a few more years, albeit at the cost of drinking a terrible potion that will turn her into a hideous giant... or does she let the Red King wake up, shattering the dream and risking the existence of everything, herself included, but preserving the story of her beautiful face and form?" If we were betting men (and we are), we’d wager on Draghi drinking the potion and keeping the dream alive, no matter how complicit it makes him in preserving a very ugly and very politically-driven status quo. But there’s a non-trivial chance that it’s just too much to swallow...
In a QE dominated world - in the Golden Age of the Central Banker - renminbi strengthening has been an unmitigated disaster. Chinese political stability depends on the actual production of actual things by actual people working in actual factories, and the prospects for that real economic growth are made significantly worse the longer the West persists in favoring financial asset inflation and the ossification of a low-growth status quo. While the West may be able to accept, even celebrate, unlimited private wealth – China cannot. Not if it wants to remain a politically unified Great Power. We think this is just the start of a multi-year weakening of the renminbi, a sea change in Chinese monetary policy that will inevitably create broad political tensions with the US and make Japan’s devaluation/inflation course infinitely more difficult to achieve.
American foreign policy is mindlessly driven by the machinery of our Warfare State - a vast accretion of economic, diplomatic, spying and military capabilities which are ceaselessly in search of missions and justifications for their colossal call on the nation’s resources. Absent a dismantlement of the Warfare State machinery, giant policy errors like the Bill Clinton’s double-cross on NATO and Obama’s foolish present confrontation with Putin are nearly guaranteed to recur.
As "The Russian Spring" spreads across various sub-regions of current non-Russian sovereign nations, Russian historian Sergey Lebedev warns that Transdniestria is “the first liberated part of Novorossiya,” Putin’s term for what he sees as a new state spreading across Ukraine into Moldova and perhaps beyond... here is what that region will look like... welcome to Novorossiya, or as one would translate it... New Russia.
On Friday Russia’s parliament voted to write off roughly 90 percent of North Korea’s debt as Moscow seeks to build a gas pipeline through the Hermit Kingdom. Moscow has been pushing for the Korean gas pipeline and railway for years as part of its strategy to diversify its energy markets away from Europe and toward Asia. This general goal has gained new urgency in the wake of Russia’s clash with the West over the Ukraine and Crimea.
In much of the world, small countries are hoping to retain their independence, whilst portions of larger countries are trying to establish their independence. Understandably, they're meeting with resistance, as it's usually the areas that are the net-contributors to the larger economy that seek independence, whilst the areas that are the net-recipients wish to take the conglomerate approach (and to continue to eat their neighbour's lunch). This is evident even in the US, where those states that are net-contributors are experiencing the same frustration as Venetians and are making noises about secession. And, although no major changes have taken place recently, early rumblings can be heard all over the world.
With all eyes focused on Eastern Europe, tensions appear to be quickly mounting between the erstwhile allies North Korea and China.