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“This Is A New World Order” - NATO Will Not Allow Greece Leave EU - Faber
EU, ECB Will Never Give Up Greece - Dr Faber
- Greece will not be ejected from the EU - Faber on CNBC
- Greek default would trigger massive losses for ECB and European banks
- Highlights geo-political impetus to keep Greece within EU, NATO fold
- Shows strategic geo-political importance of Greece in NATO’s Cold war with Russia
- China and Russia’s ever-closer relationship more important than declining UK
- “This Is A New World Order” - Dr Faber
In another fascinating interview, this time on CNBC, Dr. Marc Faber discussed the factors involved in the ongoing Greek crisis and made some interesting points.
Dr. Faber - who edits the Gloom, Boom and Doom report - is in no doubt that Greece will not be allowed to default because of both economic and geo-political considerations.
“It’s about the ECB and European banks that have lent money to Greece and if Greece defaults would have to take a huge loss and write-off. So they will lend more money and kick the can down the road.”
Of even greater significance is Greece’s strategically vital location as a gateway between the Black Sea and the Mediterranean.
It is this geo-political factor which Faber believes will ensure that Greece is kept within the EU fold at any cost. For this reason he insists that Russia will never cede Crimea to the western powers.
“From the Black Sea, the Russian fleet can move into the Mediterranean. and without that, they can’t - they have no access to the Mediterranean, without the Black Sea and Crimea.”
- Geo-political Importance of South Eastern Europe - Google Maps
Between the Black Sea and the Mediterranean, he adds, lie Turkey, Moldavia and then Greece making Greece “a very strategically important part of Europe”.
The implication is that were the EU to cut Greece loose Russia would be only too happy to step in and potentially project military power directly into Europe.
Faber was then asked to clarify whether he was suggesting that the EU would never let Greece go so that “Putin … cannot recapture the glory of the Soviet Union.”
He subtly points out that imperialism is by no means confined to Russia and that Russia’s recent actions may have been in response to U.S. imperialism.
“Basically, America has had the Wolfowitz doctrine to contain countries like China and Russia.”
He goes on to highlight the new emerging geo-political order where emerging powers China and Russia grow ever closer. There was plenty of Asian media attention on Premier Xi’s visit to Russia.
In contrast, Britain’s election was regarded by western and some international media as being important. Faber believes there is evidence that the global influence of the UK and the U.S. is in decline.
He cites China and Russia’s ever-closer relationship as being more important than the the relative insignificance of Britain’s election and suggests China and Russia’s increasing power is a “new world order.”
He says that it may be that the EU will, until the eleventh hour, make threats and jawbone Greece in order to extract the best terms. Ultimately, however, they are left with little choice but to bail Greece out and postpone the inevitable for a little while longer.
Dr. Faber’s lucid analysis indicates that from both an economic and geopolitical point of view the world and particularly Europe, is in a vulnerable position.
He has previously advised readers and clients to act as their own central bank and buy physical precious metals (gold, silver, platinum and palladium) as a hedge against currency depreciation and geopolitical crises. Faber believes that storing gold in Singapore is the safest way to own gold today.
Interview Transcript
Dr Marc Faber:
I don’t think it’s about Greece economically. it’s about the ECB and European banks that have lent money to Greece and if Greece defaults would have to take a huge loss and write-off. so they will lend more money and kick the can down the road.
Number 2; and this is overlooked by many people, it’s a political issue. if Greece leaves; or if Portugal leaves; or if Spain leaves; or if anyone leaves; the NATO countries led by America, basically, are very afraid that either the Russians establish closer relationship…. you have to look at the geography of eastern europe. You have the northern part of the Mediterranean - The Black Sea. And there you have Crimea Island and to the east of Crimea Island you have Eastern Ukraine.
The Russians will never give up Eastern Ukraine. It’s like the Chinese will not give up Hainan Island, you understand? It’s not going to happen under any condition. The West can bitch and talk and whatever they want - they’re not going to give it up.
CNBC:
I’m trying to figure this out - what has this to do with Greece not leaving the EU?
Dr Marc Faber:
Well this is what i am trying to explain to you because you have little knowledge of the Eastern European geography. from The Black Sea the Russian fleet can move into the Mediterranean and without that, they can’t - they have no access to the Mediterranean, without The Black Sea and Crimea.
And in the Mediterranean you have first Turkey, Moldavia and then Greece…and Greece is a very strategically important part of Europe.
CNBC:
So you’re saying that at any cost the EU will make sure Greece stays in so Putin can’t get his hands….cannot recapture the glory of the Soviet Union…?
Dr Marc Faber:
Basically, America has had the Wolfowitz doctrine to contain countries like China and Russia. And why do you think is? Xi in Russia and is prominently featured with Putin? This is the new world order. And Americans and the western countries - You just had the news on Cameron. You look at Cameron. What interest is he to the people of the world? Britain is no longer an empire - it’s a degenerated country….Britain is a great country but economically it’s completely meaningless.
CNBC Interview here
Must-view Investment Webinar with Dr Faber here
MARKET UPDATE
Today’s AM LBMA Gold Price was USD 1,184.75, EUR 1,062.20 and GBP 768.37 per ounce.
Friday’s AM LBMA Gold Price was USD 1,185.25, EUR 1,054.26 and GBP 767.46 per ounce.
- Gold in EUR - 1 Month
Gold climbed $5.60 or 0.47 percent on Friday to $1,188.50 an ounce, and silver rose $0.17 or 1.04 percent to $16.48 an ounce.
Gold rose 1.2% on the week and silver was 2.1% higher on the week. Gold finished higher on Friday and had a weekly gain in dollars after a volatile week which saw sharp losses in government bond markets.
Yemen's militias and the Saudi army traded heavy artillery and rocket fire in border areas today, a day before a five day humanitarian truce was due to take effect. The Houthis said they fired Katyusha rockets and mortars on the Saudi cities of Jizan and Najran on Monday, after the Saudis hit Saada and Hajjah provinces with some 150 rockets.
Warnings of an accidental default loom over debt swamped Greece as Prime Minister Tsipras’ anti-austerity government heads for another confrontation with an increasingly testy German-led bloc of creditors.
German Finance Minister Schaeuble and his Greek counterpart Varoufakis meet in Brussels this lunch time ahead of a Eurogroup meeting of Eurozone finance ministers, a spokesman for the German finance ministry said. A time was not confirmed the spokesman said it would be before the gathering starts at 1300 GMT.
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Stop using the phrase "New World Order." This sounds benign and it is anything but that. Think about how the word "new" is linked with improved and you will get my meaning. Also when you use the word "new" it implies that it will eventually give way to another "new."
Use the phrase "One World Order." That is the proper moniker because there will be no going back if the citizens of the world allow this to occur. This "One World Order" should strike fear in everyone because they will impose capital controls like never before seen. This unelected group of sociopaths who seem to think they know what's best for us will trash the world. They are shortsighted and have no remorse for the ills they have already caused.
Your assumption is faulty - they don't *care* whats best for us. They want us either dead, or debt slaves confined to a world of limited resources (for us - unlimited resources for them).
its like the word modern, first used in 1585. when you want to add something on to that you call it POST modern. so post New World Order might be the proper use of the term
Isn't one world government required for admission to the Federation?
To suppose that there will ever be a Grexit is to think that taxing schemes will ever benefit the poor. Everything is about control and if oppression is called for to maintain that control, so be it. But independence will never be the goal and will not be tolerated until such time as they have no control at all. Given that the whole world is suspended by debt that is ultimately arbitrated by our governments, exactly who will seek to dissolve their control over it?
The EU was initiated specifically for this event. Financial crisis and chaos that will force weaker nations into the protection of larger economic shelters. It is the golden rule....those who have the gold (or at least fiat that they all want us to think is gold) rule. As we have seen with our corporations, all entities are under financial pressure to become too large to fail, to become part of a larger organization that can become the buffer to bankruptcy.
Greece has no choice but to take whatever abuse the EU overlords ultimately hand out. The Greek leaders will act defiant as to allude to the appearances of strength and The EU will verbally abuse and berate the Greeks to attempt to look strong as well, but also to make it as painful for Greece as possible so as to make an example of them that other nations will not be likely to follow. But the only goal for both is that which only the UNION can afford.
I agree with some of what you say, not all. The Greeks have a chance (in July when they owe the ECB/EIB billions of euros) to stiff the EU/ECB and go and join the other side?
Will they take that chance? I don't know if anyone at this stage really knows - but we will know within the next 2 months.
The threats from the EU/ECB/IMF/Washington are hardly conducive to a productive outcome for their side. The willingness to 'play ball' and get a 'Win-Win' from the other side - BRICS et al - is surely the more productive route to take?
For the sake of all of us - one would hope so.
There will be no more 'kicking the can down the road' from July 2015 onwards. At least, not can-kicking in the same way.
Shortsighted? Hardly. The One World Order has been advancing much longer than either of us has been alive.
Otherwise, I agree with your analysis.
Yes, it's the slowest moving conspiracy in history. Generations of plotters have died since it started. They must suck at takeovers.
And the "analysis" above sucks too. David Icke's shapeshifting reptillian aliens weren't properly covered at all and they have actually been running the show for hundreds of years by assuming the physical appearance of all world leaders.
According to Icke anyway...
Who is so dumb he hasn't figured out they are Jooo-ish shapeshifting reptillian aliens.
This battle is between the faltering Zion controlled west and the east.
If if were just a "banking crisis" the Zionist minders of Europe might be able to find a way to manipulate a face saving resolution that maintained Greece in the EU or not, but the situation is really geopolitical.
Zion will never allow Greece to leave the EU for the arms and cash of Russia and/or China. If they did, they would not only loose Greece and Greece's agriculture output, but then other eastern European nations would do the same. Not to mention Italy, Spain, and Portugal.
Going to be a false-flag of some sorts in Greece that brings in ZATO or a another war with Turkey.
"There will be blood."
Liberty is a demand. Tyranny is submission..
If and When a People Realize that they have had their Government-Banking-MIC-Corporatocracy Infiltrated by Warmongers, Power-Hungry Controllers, who are not Transparent and who want to make people Debt Slaves...
Well "That will be the Day" that it Ends.
** There are plenty of Peace-Loving and Family Minded People **
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- The Time Has Come to Throw-Off the Idea of Empire -
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When people realize that government is the problem, not the solotion things will change......
WW3 will be an extinction event for many species - humans high on the list.
"Mankind's greatest attribute is the ability to think. Mankind's greatest failing is an antipathy for thinking."
Liberty is a demand. Tyranny is submission..
You watch. The Anglo-Zionist Deep State will soon start making trouble on Greeces borders.
Whoops... too late - they are already trying a color revolution and/or insurgency in Macedonia using the faithfull Kosovars.
"There will be blood."
But not precious Zionist blood.
Not sure I buy that strategy.
His logic is that the Western Bloc must giver Greece whatever it wants to keep it out of the Eastern Bloc.
That doesn't follow at all. There are many, many ways to keep Greece from having strategic significance for the Eastern Bloc that have nothing to do with giving them anything.
... There are many, many ways to keep Greece from having strategic significance for the Eastern Bloc that have nothing to do with giving them anything...
Sure, like... what ?? Occupy them ? Send them all in labour camps ? You still have to pay to keep them alive (at least some of them). Inquisitive minds would like to know, please enlighten us !
+1 it's in many ways a simplification of imperial options. nevertheless, the true belief in this theory by some involved parties gives some effect on negotiations
http://content.palmbeachgroup.com/54-congressmen/?PPC=358497
oi vey!
It's so secret no one knows it because it's a trap you can not get out.
Clickbait.
Would have been better as a Nude News Broadcast.