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The Paul Craig Roberts Dilemma: World War Or The End Of The Dollar
Submitted by Paul Craig Roberts via The Institute for Political Economy,
Is the US or the World Coming to an End?
It will be one or the other
2014 is shaping up as a year of reckoning for the United States.
Two pressures are building on the US dollar. One pressure comes from the Federal Reserve’s declining ability to rig the price of gold as Western gold supplies shrivel and market knowledge of the Fed’s illegal price rigging spreads. The evidence of massive amounts of naked shorts being dumped into the paper gold futures market at times of day when trading is thin is unequivocal. It has become obvious that the price of gold is being rigged in the futures market in order to protect the dollar’s value from QE.
The other pressure arises from the Obama regime’s foolish threats of sanctions on Russia. Other countries are no longer willing to tolerate Washington’s abuse of the world dollar standard. Washington uses the dollar-based international payments system to inflict damage on the economies of countries that resist Washington’s political hegemony.
Russia and China have had enough. As I have reported and as Peter Koenig reports here http://www.informationclearinghouse.info/article38165.htm Russia and China are disconnecting their international trade from the dollar. Henceforth, Russia will conduct its trade, including the sale of oil and natural gas to Europe, in rubles and in the currencies of its BRICS partners.
This means a big drop in the demand for US dollars and a corresponding drop in the dollar’s exchange value.
As John Williams (shadowstats.com) has made clear, the US economy has not recovered from the downturn in 2008 and has weakened further. The vast majority of the US population is hard pressed from the lack of income growth for years. As the US is now an import-dependent economy, a drop in the dollar’s value will raise US prices and push living standards lower.
All evidence points to US economic failure in 2014, and that is the conclusion of John Williams’ April 9 report.
This year could also see the breakup of NATO and even the EU. Washington’s reckless coup in Ukraine and threat of sanctions against Russia have pushed its NATO puppet states onto dangerous ground. Washington misjudged the reaction in Ukraine to its overthrow of the elected democratic government and imposition of a stooge government. Crimea quickly departed Ukraine and rejoined Russia. Other former Russian territories in Ukraine might soon follow. Protesters in Lugansk, Donetsk, and Kharkov are demanding their own referendums. Protesters have declared the Donetsk People’s Republic and Kharkov People’s Republic. Washington’s stooge government in Kiev has threatened to put the protests down with violence. http://rt.com/news/eastern-ukraine-violence-threats-405/ Washington claims that the protests are organized by Russia, but no one believes Washington, not even its Ukrainian stooges.
Russian news reports have identified US mercenaries among the Kiev force that has been sent to put down the separatists in eastern Ukraine. A member of the right-wing, neo-Nazi Fatherland Party in the Kiev parliament has called for shooting the protesters dead.
Violence against the protesters is likely to bring in the Russian Army and result in the return to Russia of its former territories in Eastern Ukraine that were attached to Ukraine by the Soviet Communist Party.
With Washington out on a limb issuing threats hand over fist, Washington is pushing Europe into two highly undesirable confrontations. Europeans do not want a war with Russia over Washington’s coup in Kiev, and Europeans understand that any real sanctions on Russia, if observed, would do far more damage to Europeans. Within the EU, growing economic inequality among the countries, high unemployment, and stringent economic austerity imposed on poorer members have produced enormous strains. Europeans are in no mood to bear the brunt of a Washington-orchestrated conflict with Russia. While Washington presents Europe with war and sacrifice, Russia and China offer trade and friendship. Washington will do its best to keep European politicians bought-and-paid-for and in line with Washington’s policies, but the downside for Europe of going along with Washington is now much larger.
Across many fronts, Washington is emerging in the world’s eye as duplicitous, untrustworthy, and totally corrupt. A Securities and Exchange Commission prosecuting attorney, James Kidney used the occasion of his retirement to reveal that higher ups had squelched his prosecutions of Goldman Sachs and other “banks too big to fail,” because his SEC bosses were not focused on justice but “on getting high-paying jobs after their government service” by protecting the banks from prosecution for their illegal actions. http://www.counterpunch.org/2014/04/09/65578/
The US Agency for International Development has been caught trying to use social media to overthrow the government of Cuba. http://rt.com/news/cuba-usaid-senate-zunzuneo-241/
This audacious recklessness comes on top of Washington’s overthrow of the Ukrainian government, the NSA spying scandal, Seymour Hersh’s investigative report that the Sarin gas attack in Syria was a false flag event arranged by NATO member Turkey in order to justify a US military attack on Syria, Washington’s forcing down Bolivian President Evo Morales’ presidential plane to be searched, Saddam Hussein’s “weapons of mass destruction,” the misuse of the Libyan no-fly resolution for military attack, and on and on. Essentially, Washington has so badly damaged other countries’ confidence in the judgment and integrity of the US government that the world has lost its belief in US leadership. Washington is reduced to threats and bribes and increasingly presents as a bully.
The self-inflicted hammer blows to Washington’s credibility have taken a toll. The most serious blow of all is the dawning realization everywhere that Washington’s crackpot conspiracy theory of 9/11 is false. Large numbers of independent experts as well as more than one hundred first responders have contradicted every aspect of Washington’s absurd conspiracy theory. No aware person believes that a few Saudi Arabians, who could not fly airplanes, operating without help from any intelligence agency, outwitted the entire National Security State, not only all 16 US intelligence agencies but also all intelligence agencies of NATO and Israel as well.
Nothing worked on 9/11. Airport security failed four times in one hour, more failures in one hour than have occurred during the other 116,232 hours of the 21st century combined. For the first time in history the US Air Force could not get interceptor fighters off the ground and into the sky. For the first time in history Air Traffic Control lost airliners for up to one hour and did not report it. For the first time in history low temperature, short-lived, fires on a few floors caused massive steel structures to weaken and collapse. For the first time in history 3 skyscrapers fell at essentially free fall acceleration without the benefit of controlled demolition removing resistance from below.
Two-thirds of Americans fell for this crackpot story. The left-wing fell for it, because they saw the story as the oppressed striking back at America’s evil empire. The right-wing fell for the story, because they saw it as the demonized Muslims striking out at American goodness. President George W. Bush expressed the right-wing view very well: “They hate us for our freedom and democracy.”
But no one else believed it, least of all the Italians. Italians had been informed some years previously about government false flag events when their President revealed the truth about secret Operation Gladio. Operation Gladio was an operation run by the CIA and Italian intelligence during the second half of the 20th century to set off bombs that would kill European women and children in order to blame communists and, thereby, erode support for European communist parties.
Italians were among the first to make video presentations challenging Washington’s crackpot story of 9/11. The ultimate of this challenge is the 1 hour and 45 minute film, “Zero.” You can watch it here: http://www.youtube.com/watch?v=QU961SGps8g&feature=youtu.be
Zero was produced as a film investigating 9/ll by the Italian company Telemaco. Many prominent people appear in the film along with independent experts. Together, they disprove every assertion made by the US government regarding its explanation of 9/11.
The film was shown to the European parliament.
It is impossible for anyone who watches this film to believe one word of the official explanation of 9/11.
The conclusion is increasingly difficult to avoid that elements of the US government blew up three New York skyscrapers in order to destroy Iraq, Afghanistan, Libya, Somalia, Syria, Iran, and Hezbollah and to launch the US on the neoconservatives agenda of US world hegemony.
China and Russia protested but accepted Libya’s destruction even though it was to their own detriment. But Iran became a red line. Washington was blocked, so Washington decided to cause major problems for Russia in Ukraine in order to distract Russia from Washington’s agenda elsewhere.
China has been uncertain about the trade-offs between its trade surpluses with the US and Washington’s growing encirclement of China with naval and air bases. China has come to the conclusion that China has the same enemy as Russia has–Washington.
One of two things is likely: Either the US dollar will be abandoned and collapse in value, thus ending Washington’s superpower status and Washington’s threat to world peace, or Washington will lead its puppets into military conflict with Russia and China. The outcome of such a war would be far more devastating than the collapse of the US dollar.
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10 APRIL 2014
Nomi Prins - All the President's Bankers: The Hidden Alliances That Drive American Power
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http://jessescrossroadscafe.blogspot.com/2014/04/nomi-prins-all-presiden...
the tell of a false flag is in the "investigation" of the
blatant criminality, the crime. when that investigation is poorly
performed, described
and falsely characterized you can be sure there is an overlap
of security agency and organised crime, either working together
or the same network/s,
aka history, tools of "man's power". i say try to appreciate this fact without
dismissing the many examples of it by resorting to labels
like cynic, conspiracy theorist, etc ....
.
so questions. is that avoidable and are there any mechanisms
to correct it? has man ever tried that? if so, what went wrong
or is there no real problem here? (rhetorical)
Time to remember this speech in UN which the zio-media boycott
https://www.youtube.com/watch?v=k4phNuwx8Hs
I am not a friend of Islamism, but it doesnt hinder my understanding of the real Inconvenient Truth that Humankind is facing.
Unfortunately, the zio-media only focus on a false Inconvenient Truth of Al Gore with the objective to set up an Carbon Quota Exchange for money.
A "shooting war" is so um, messy.
Much easier to collapse the US/EU economies as they teeter on the brink and Russia and China emerge as new super powers. you can almost see it coming.
A "shooting war" is so um, messy.
Much easier to collapse the US/EU economies as they teeter on the brink and Russia and China emerge as new super powers. you can almost see it coming.
there are those who will not recognize that wtc7
was a demolition job or that there was no flight
77 smashing into the pentagon until the rocks from
the ground scream it. those people cannot be expected
to consider the implications of the facts, ever.
Cognitive dissonance is not just the name of a popular ZH poster.
Tyler strikes the shill's nerves, yet again! You shill fucks have been exposed, and you're not fooling anyone. You're like moths to a light when it comes to 9/11.
And if you still legitimately believe the official 9/11 story, it's only because deep down inside you know you're powerless to a government that will hurt you. The 12 years of war in ME, drone campaigns and erosion of our liberties are alone proof positive 9/11 was a fase flag.
Fuck the planes, freefalling skyscrapers and etc. Use your fucking head and connect the dots.
Ok, Im ready for the down votes. Few know of the Billy Mierer case and still fewer belive.
As for me, I am stunned by his accuracy. A link to comments on the Hennock prophecy. Look at current world events and then reference what is being said and the dates of the contact notes.War is comming and the collaspe of the dollar is all but sealed.
http://www.theyfly.com/prophecies-predictions/henoch-prophecies
Up vote from me. You're right about Mr. Mierer....pretty amazing story, but the proof is in the pudding.
This is like watching WWII take shape from a history book.
The real shitstorm will start when these braindead fucks in Nato start passing out the missile batteries.
Goodbye to the slow dancing and get ready to rock & roll.
Putin will go honeybadger.
I like PCR and when I started to read him I wanted to believe him but there are more holes in his theories than swiss cheese. He seems more of an entertainer than a journalist. I look at the US and am wondering why should it collapse. It is geographically located in a perfect lattitude to prosper, it has warm water ports, and is close to resources, impossible to invade do to the size and location. The only way it could collapse is due to the demise of the political situation the way it currently sits. The problems of the US and the west are too large to fix even so the tools and people are there to rebuild.
Do you expect people to hold hands and sing songs while they rebuild their lives?
There are many flaws with your commentary -
1.) The US cannot be invaded - it already has been invaded. The borders are wide open, and it has been and will be death by a thousand cuts. Any country could send insurgents in little by little through the souther border.
2.) Don't see how we could collapse? Again - we make nothing here. To re-capitalize industry that has already left for China, etc., would be a difficult and lengthy process, made more difficult by the weakness of the dollar. We would be completely helpless of the dollar collapsed, and the BRICS, along with Russia issued a new currency that was gold-backed. We'd have to issue a new currency that was in some way backed by something, and the market would determine it's value vs. the new gold-backed currency - and our imports would soar in cost.
Bottom line - PCR's article is spot on - word for word.
Ahh, the "Washington agenda" and it's global machinations, playing out events escalated by an orchestrated false-flag 9/11. A "Washington" powerful beyond all belief. Able to suppress airport security processes, able to suppress air force scramble capability at multiple bases, able to silence any trade center engineers that might have reported on all of the explosives being wired into the trade towers, or any air force officers (or enlisted) that might have reported they were ordered NOT to scramble on that day...
Who exactly comprises this all-powerful Washington cabal? Bush? Clinton? Congress? The military? If so, that's a RIDICULOUS number of people to keep the 9/11 secret. Or, is it the more shadowy intelligence agencies? And, why would they orchestrate a false-flag 9/11? To benefit the oil companies? Why? The oil execs are fithy rich. But they were filthy rich before 9/11. How exactly would the intelligence guys benefit more? Are there any high-level CIA billionaires? Are are they content to create and execute the most complicated of operations, to benefit existing multi-millionaires, to maintain their six-figure salaries?
Yes, Washington has too much power. But they are bumbling and incompetent. Nothing pans out as intended. Yes, the CIA/NSA can run covert operations. But these are relatively simple in nature. Sure, the NSA is "spying". But who couldn't/wouldn't have imagined they could capture and review phone and email traffic, given the level and ubiquity of computing technology. AND, this simple thing got outed. Yet the required masses of collaborators on 9/11 have remained silent all this time?
Paul Craig Roberts has gone cuckoo. He's faintly praised Cuba, Russia, China and NORTH KOREA as the "good guys" as compared to the US. NK is a horror-show, its people subject to unimaginable abuse. NK has prison camps with land-areas to equal some of our major cities. Their citizens dream of escaping to CHINA. While the dollar might indeed depreciate severly, and while there might indeed be gold and silver manipulation, and while the Fed and central banking might indeed be less than ideal, we in the west are not that completely deceived or manipulated. FUCK this wacko.
The Laws of Physics trumps the idea that people can't keep secrets
"that's a RIDICULOUS number of people to keep the 9/11 secret. Or, is it the more shadowy intelligence agencies? And, why would they orchestrate a false-flag 9/11? To benefit the oil companies? Why? The oil execs are fithy rich. But they were filthy rich before 9/11. How exactly would the intelligence guys benefit more? Are there any high-level CIA billionaires? Are are they content to create and execute the most complicated of operations, to benefit existing multi-millionaires, to maintain their six-figure salaries?"
Manhattan Project.
Compaartmentalization.
These realites do exist and have existed (and are more sophisticated).
Motive? POWER. WTF is it so hard for people to understand what POWER is?
The System is starting to fail (insufficient resources to continue sucking growth) and more countries/people are starting to push back, not wanting to give the US precious, scarce resources for PAPER.
Why do individuals push these agendas? For varied reasons, but the key is that they tend to align with purpose/action.
"FUCK this wacko."
Look in the mirror.
If you think Obama holds the keys to the "nukular" weapons, you're kidding yourself.
The title of this article should be "U.S. Military Coup, the end of the Federal Reserve Note, and the restoration of the Republic"