Babylon's Bankers

D MARKS, NSA SPYING, MERKEL, AND SNOWDEN

While this story is now over a year old, it's worth recalling in the wider context of world events these days, specifically, with respect to the Ed Snowden/NSA spying/Angela Merkel affair, and the recent calls by various countries, including Germany, to repatriate their gold from the western banks in Paris, London, and New York. Some Germans, it seems, are still conducting their day-to-day business in Deutsch Marks:

Who Needs the Euro When You Can Pay With Deutsche Marks?

Regular readers here will recall that, as the breakdown of the Eurozone proceeded last year, there were quietly increasing calls on the part of some in Germany to pull out of the eurozone and return to the D-mark.  Regulars here will also recall that I've been arguing for quite some time that the real significance of the NSA-Snowden electronic spying affair isn't about the "war on terror" at all (though that is certainly a subset of it), but about financial market tracking, strategic modeling and prediction, and market manipulation, particularly on the macro-scale of international trade and finance. It is, I have suggested, both a mechanism of sustaining the US dollars status as the world reserve currency, and also of manipulating markets for that end. In short, it's a method of making sure the playing field is NOT level.

The idea that the Europeans, much less the Germans, are outraged about being spied upon is theater: they spy on the USA as well, and everyone knows it. Frau Merkel's outrage is real, but the reasons for it have nothing to do with "friends not spying on friends." So what's the real reason?

As if on cue, you'll recall, stories began to appear in Germany and Russia that the real goal and motivation of the electronic spying was financial in nature. RT, for example, recently ran a story about the financial motivations behind NSA spying on Mexico's President.

Now there are rumors that Mr. Snowden, in his Russian exile, has agreed to meet with top German lawmakers and law enforcement, to assist them in their inquiries about NSA spying:

Snowden ready to testify in Merkel tapping case – German lawmaker

There are even allegations that Mr. Snowden may travel to Germany to do so.

Now this raises all sorts of red flags in my mind, not the least of which is that if I were Mr. Snowden's security advisor, I'd advise against the trip. After all, Russia and Germany are certainly capable of providing secure links for a long distance briefing session. If Mr. Snowden or the Germans or both insist on face-to-face meetings, then I'd make awfully sure that he had some heavy duty security on the trip and in Germany, lest covert ops teams attempt to spirit him out of the country and back to the USA. As the RT article makes clear, this in fact is not in the cards, and a more long distance arrangement is being discussed. But as the article also makes clear, if Snowden does come to Germany, the German government is considering not honoring any US requests to extradite him.

And that, folks, is a very serious widening of the fissures and cracks that have begun to appear in the Atlantic alliance in the past few years.

So...why the risky contact in the first place?

As the RT article hints, Snowden appears to have more explicit information, and my guess is that this information is of a financial nature, and revelatory of the full extent to which Germany's financial structure may have been compromised.

It may even involve a hidden explanation for why the US Federal Reserve has hemmed, hawed, and otherwise delayed the audit and repatriation of Germany's gold reserves to that country. It wouldn't surprise me...

...and it does not surprise me that once again all of this is being disclosed by RT...

The bottom line is, Frau Merkel is still very unhappy, and she's not going to get any happier any time soon. And whatever may come of Mr. Snowden's private and secret revelations to the German government, it's not likely that she's going to get any happier.

See you on the flip side.

8 thoughts on “D MARKS, NSA SPYING, MERKEL, AND SNOWDEN”

  1. The expectation of the imminent dissolution of the euro has been subject of ongoing commentary and universal expectation by serious analysts and casual observers alike since at least the ’07 banking crisis.
    The reality however is this: Anyone who believes that there is even the remotest possibility that such a scenario would possibly be allowed to take place is missing the point of the euro completely. Germany has fulfilled it’s 1,000 year manifest destiny to control Europe by what Reichsleiter Borman, the last German who openly admitted to such a goal who was taken seriously in the corridors of power, is oft quoted as calling “elastic means.”
    So trust me ladies and jellybeans, the euro is going nowhere – regardless of the economic situation in any of the southern European states of what, in reality, is the real Fourth (albeit, thankfully, soft) Reich. Furthermore, nobody in Europe nowadays who has any idea about anything will not willingly bow to this reality such is the deep-rooted (if grudging) respect all of Europe and her citizens, north, south, east, and west, feel for what they recognise as the Germanic ideal. Even I, a Brit, and a longterm resident of Germany have to admit that this society does represent, in many ways, the pinnacle of human achievement. And everyone educated enough to recognise that this is the case understands that it is whether they care to admit it or nay.
    Lets see how big the Fourth Reich really becomes over the course of the next 25/50 years…

    …PS: All that said, in terms of the pinnacle if human achievement, I have never been to Australia…

  2. I would like to see the good doctor make an org chart sometime of the various lines of influence and control among all the various players in the larger geopolitical scene. It’s seemed to me for a long time that there must be some kind of technology involved at some point that has kept things from blowing apart in the post-war period. Could you reverse engineer the status quo, so to speak, to see where the points of oppression, human and nonhuman, are brought to bear.

  3. The twists and turns in this game are getting weird, I don’t think Snowden is going anywhere soon, but it is interesting that Germany “IS” interested in what he has to say.

    In some respects this is theatre, and unless Frau Merkel tables the “divorce papers”, we will see all this spying just slowly go away, well as far as the MSM is concerned.

  4. Was anticipating the good doctor’s take on the recent German interests in “Snowden”. Kind of ‘materializing’ his prediction of gradual German tilt towards the BRICSA alliance. But as “and it does not surprise me that once again all of this is being disclosed by RT…” may be implied, that perhaps the recent German interests in “Snowden” may also come from external pressure.

  5. I tend to think this entire Snowden affair (if/IF it has credence) is actually a whole group of individuals hiding behind the publicised photo of this one individual, milk-toast looking guy- simply because the masses can’t wrap their minds around the fact that evil-doers or whistleblowers just may be a bevy of individuals is too much for the sheeple- they can’t focus on anything in group formation and it’s various aspects; they can only comprehend concepts presented as an individual entity (and a photo is a good start)-

    start with the concept of the ‘lone nutter’ Oswald having shot JFK- we all know the truth-

    and I’m still not convinced “Snowden” is in Russia or about to go (or not) to Germany-

    “he” is right under our noses (last place people will look- I’ve already stated my sentiments about this in previous blogs) and “he” is just most probably a collective group of people either fed up of the system or controlled opposition to the system- haven’t yet made up my mind- and don’t get me started on Julian Assange (rhymes with “sponge”) who continues to label “9/11 truthers” as, well, (paraphrase) “conspiracy theorists”- just my cheap opinion-

    please stay well all-

    Larry in Germany

    1. The thing is Snowden hasn’t revealed anything that anybody who’d thought about this kind of thing hadn’t already guess. Snowden has simply supplied documentation.

      (And in some cases Snowden has supplied excuses for people to lie about solar flares purportedly documented by Snowden. In fact, a bit of what you’ve written looks like planned distraction. Mr Snowden is indeed in Russia, having released minor secrets.)

  6. Ostensibly, Mr Snowden has no information with his person in Russia, except what may be in his head.

    The encrypted hard drives are already in Germany and Brazil. So this all seems misleading.

    Right now, Mr Snowden could know where to look on those hard drives not in his possession or have some other stash of drives not with him.

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