Now, unless you're Jean-Claude Juncker and have been commiserating with extra-terrestrials over the BREXIT vote in a Luxembourg pub over shared martinis, you'll have noticed something else is taking place in Europe, and that is Germany's apparent attempt to "pick up the pieces" is already under way. And this is a big piece, and it bodes ... well, it bodes "you tell me":


One can, I suspect, argue, as does the article, that there is nothing more here than another result of the BREXIT, and that, when Britain leaves, a move of the EU banking regulator from London (yet another "logical" choice because of London's position as a leading global financial center) to Frankfurt, the leading EU global financial center, is all entirely logical and above board.

But in today's high octane speculation I strongly suspect there is much more going on here than meets the eye. THis, I would contend, is exactly what I argued would happen, especially since the Brexit stands to shatter the EU in its current form. In that instance, I have been arguing all along - based in part of the 1990s CDU Kohl-Lammers memorandum - that in the wake of the failure of a "large EU cartel space", Germany would "pick up the pieces," and one of those pieces would obviously be to retain a measure of control and influence over whatever international financial regulatory and bureucratic instruments of power that it can. Hence, the bid to move the EU regulator to Frankfurt, convenient home, you'll note, to the EU central bank, which is, note also, not therefore located in Brussels or Paris.

But there's also a bigger looming problem, and that's the European banking system itself. Already we've seen bailout packages being offered to Italy's banks. The ostensible reason, we are told, is to maintain their liquidity. THe hidden reason, I suspect, is that it's a simple bribe to Italy to remain in the EU. But this hidden reason reveals yet another looming crisis for the EU, and it could be the one that shatters the euro once and for all(article shared by Ms. C.V.):

"Deutsche Bank Poses The Greatest Risk To The Global Financial System": IMF

In other words, all those bad paper derivatives from the 2008 financial crisis are still sloshing around in the system, and Deutsche Bank has managed with German efficiency to end up with the lion's share of them, which is interesting, since apparently Mr. (or Ms.) Extra-terrestrial was not too concerned about them during his martini-luncheon with M. Juncker.

It doesn't take much dot connecting here to see a relationship between the two stories, especially if Germany is sitting atop the epicenter of a financial earthquake.

But there is a deeper issue here, and it has one that has always bothered me, and continues to bother me; it brings us chin to chin with my (very) high octane speculation of the day. The bothersome nature of this issue can been considered best by posing a question: why would one create such an enormous pile of derivatives in the first place, a pile of derivatives that, in its quadrillions of dollars, or euros or reminbi or yen or whatever other currency one can think of, far exceeds not only the gross domestic product of the planet itself, but does so by several times. Or to put it somewhat differently, why create such an enormous pile of derivatives  that it would take the entire planet several years, decades, to pay off?

When one poses the question in this way, I suspect the issue can be plainly seen, for the standard explanations here do not seem to slice deeply enough. Was it simply because of the non-regulatory culture of the 1990s? Was it simply because of the greed of the financial capital class? The irrationality of the move itself, I suspect, can only partially be explained by such a move, for the end result of it was entirely predictable back then: a vast explosion, a bubble, in bad paper would be created. Quantative easing has come - even in its trillions of dollars - nowhere near the order of magnitude evident in the derivatives bubble. So why create it? Where on earth is all this money going? Is Deutsche Bank, and the other major holders of these derivatvies, doing so as a part of their own investment poftfolios? If so, then their strategy would seem to be as irrational as the scheme itself. Or are they acting largely as agents for someone else? If so, who?

The key here, I suspect, is revealed by that phrase "on earth" in my previous question, "Where on earth is all this money going?" And that might be the problem. Perhaps - to drive this point home once again - our financial analysts need to quit thinking in terms of a closed, earth bound financial system. After all, with all this bad paper in the system and trillions of dollars and euros in quantitative easing, we should have seen hyper-inflation long before now. Negative interest rates here and there, and yet, an absence of liquidity in Italy Greece and elsewhere, and a moribund production economy. The negative rates are not, apparently, helping to drive cash back into circulation and spur growth. But if someone else is holding all that paper - in effect, a mortgage on the entire planet over several years - things, perhaps, begin to make a bit of financial sense. So too, does the urgency of recent stories about the need to get into space, and fast, to develop colonies, mine asteroids, and, if one is following the strange stories and recruitment efforts of NASA and the US military, to zap asteroids with a planetary defense system, and to "fight aliens,"

IN that respect, perhaps M. Juncker's short peroration in the EU parliament is yet another clue, another dot, that perhaps we need to change the paradigms of our analysis and thinking.

See you on the flip side...

Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".


  1. Francois Raby on July 8, 2016 at 8:25 pm

    We only need to follow the off world money trail don’t we, if I understand correctly. It is actually hard to miss when you follow the military industrial space news. We can also suspect a derivatives extraterrestrial holder out there, ready to claim the earth’s total military industrial complex itself. I wouldn’t too be surprised, it would just shuffle the cards a bit.

  2. T.J. on July 8, 2016 at 2:54 pm

    As per structure of financial derivatives promises, NOT all +/-1,500 million trillion dollars in derivatives would or could become due at the same time.

    Derivatives “swap books” are the gambling books of bookies (not Wookiees) who have made & taken bets on what a particular physical or financial market will do in the future — taking & making bets on both or many futures.

    For example, when the real estate market crashed, derivatives swap books became very uneven, and derivatives obligors or gamblers needed to pay out much cash — but NOT the full amount of their derivatives swap books, since they had bet or gambled on both sides. Still: Trillions of U.S. dollars.

    Deutsche Bank & others doubled-down in oil futures & Greek/other debt futures and are very exposed, since their derivatives swap books are uneven. Deutsche Bank & others are bankrupt — laden with non-performing or garbage assets. Chinese banks & others are standing-by to bail out & acquire these banks.

  3. goshawks on July 7, 2016 at 9:58 pm

    Joseph, you seem to be coming from the ‘how could they not know’ side in the derivatives held by DeutscheBank. I come from the ‘they knew exactly what they were doing’ side:

    From redefininggod dot com/

    “As we look into all this, it’s important to remember that the European Union was never meant to last. The only way the globalists could take down all the nations of Europe on cue was to lash them together under one currency, then crash the currency. This was always the true intent behind the adoption of the Euro, and this was the reason the globalists left their strongholds of England and Switzerland out of the currency. Unless the globalists press the delay button once again, the Euro will not exist by the end of this year.”

    In my mind, DeutscheBank has been set-up (intentionally) as the currency-crash trigger. That bank is a disaster waiting to happen. Any of a dozen plausible-deniability ‘perturbations’ could bring about its demise, triggering a general collapse in the EU countries (and the financial world).

    With my conspiracy-hat on, all the PTB are waiting-for is some ‘optimum’ time to pull the trigger…

    (One can connect this global financial collapse with One World finance-types, Armageddon-types hoping to ‘pull-in’ God or the Messiah, Disclosure-types hoping to ‘force-in’ real or fake aliens, or any of a number of overwhelming-crisis responses…)

    • goshawks on July 7, 2016 at 10:20 pm

      iZeta, this ‘event’ should generate a LOT of first-quality Loosh!

      • iZeta on July 8, 2016 at 12:23 am

        Lol! you bet!

  4. iZeta on July 7, 2016 at 7:11 pm

    I agree with your speculation Dr Farrell, and would like to add that perhaps those of us who are sufficiently interested in thinking outside normal parameters find it much easier to even see the dots, let alone connect them.

    Sadly, for the majority of humans on this planet, such thinking is still considered fanciful, boring, or too “Mulderish”. If it takes a long time for the average person to adapt to the idea that space is not a frontier but another environment that our civilisation might benefit from, then it’s the fault of the TPTB because of all of their past policies of debunking and ridicule of such things.

    I’m speaking of the west of course because for many non-western cultures space and non-human entities already form part of their traditional views of the cosmos.

    • Joseph P. Farrell on July 8, 2016 at 2:51 am

      Actually it’s not even true of “the West” until very recently, say the final triumph of “rational materialism” in the 19th century. Christian tradition, Jewish tradition, Hermeticism have very similar beliefs.

  5. marcos toledo on July 7, 2016 at 11:23 am

    The financial crash of nineteen twenty nine on steroids. Do these numbskulls have any brains if they are to go into space they will need everyone of us for space colonization. Killing us in the name we’re useless eaters makes no sense do they really know economics or have their fantasies overtaking their reason-thinking.

  6. Robert Barricklow on July 7, 2016 at 10:10 am

    I’m also in the WalkingDead camp.
    Time, once again, for Jesus’s first sermon,
    “This is the Year Of Jubilee.”.

  7. old97polarcat on July 7, 2016 at 9:59 am

    I agree with Walking Dead above. The derivative mess gives the elite an option to initiate a controlled demolition of the financial markets, should that become a desirable option for them.

  8. WalkingDead on July 7, 2016 at 8:55 am

    One doesn’t need to look for “aliens” or off world economies or bases. I have said this before and I’ll repeat it again; the globalists are planning to crash the worlds economy so they can foreclose on the entire planet. Who else would be in a position to do so. They have positioned themselves quietly over the past four decades for just this purpose. The “little green men” are just more diversion to keep us looking elsewhere while they rob us all blind.

    • basta on July 7, 2016 at 11:20 am


      Thanks, WD; short and sweet.

      The globalist/bankster-Ponzi/NWO/”elite” mafia endgame has become so in-your-face obvious in the last few years that you have to be living under a rock (like most of humanity. alas, but that’s exactly how they’ve gotten this far) not to see it.

      • sloper on July 7, 2016 at 2:47 pm

        Yes, they are absolutely bringing down our old, raggedy fiat system, and plan to replace it with a new shiny digital one. Could be the “leaders of other planets” and/or the “little green men” will like the new system a whole lot better. I don’t really see a contradiction here.

    • iZeta on July 7, 2016 at 7:34 pm

      There is most definitely a sense of urgency about all of this ‘fast-speed chess’ as another member put it in the last VidChat. If you’re right, then what’s so pressing to have this planetary foreclosure? Perhaps someone or something very threatening is coming this way and TPTB want to ‘foreclose’ as you suggest.

      However, I foremost think that TPTB are already off-world and are already well set-up so that as Earth begins to establish space economies, the transition will be alot quicker and easier. Maybe then we’ll be introduced to real ET cartels who will demand trade with only ONE economy and there will be another attempt to globalise Earth

      My caveat is this: globalisation of economies is the kiss of death for humanity. The moment we merge our diverse economies and cultures into one, we’ll lose our pockets of refuge from those that might wish to control us.

  9. Kahlypso on July 7, 2016 at 8:28 am

    Dot.. dot.. dot.. Were there not lots of bankers suiciding themselves earlier this year linked to the LIBOR manipulation scandal? Or were they suicided to hide the 55 TRILLION dollars.. (I need a Dr Evil Gif here..) that the DB have been hiding? Bundestad insisted that Greece and Spain and Ireland pay back their debts to the DB during the Sub Prime implosion.. Wait a minute.. 55 Trillion Dollars.. wouldnt that pay for the New German Army that Ms Merkel is constructing to defend themselves from the Aliens,, err Americans. If they start calling the Moon or Mars “Living Space”, I am literally going to scream.

  10. Yogi Greg on July 7, 2016 at 7:35 am

    WOW! That is some “High Octane ‘dot-connecting’!”….

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