NEWS AND VIEWS FROM THE NEFARIUM AUGUST 23 2018
August 23, 2018 / /
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It's begun: Germany wants a new financial clearing system independent of American-controlled SWIFT: Here's the Zero Hedge article and the Sputnik article.
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I was reading William Engdahl´s lates article how the Fed has created a situation where there is lesser dollar to do business in the world economy. The impact of this has created for several countries currency devaluation and inflation in those (targeted) countries. Greg Hunter in his weekly wrap up was showing a graph where the SNP was climbing, but the world stockmarked have been declining this year, about pluss 20 minutes into his wrap up.
Then, if we are going back to the crash in 1929, the crash was started by the socalled margin calls. the availability to get dollars (from the banks) vanished.
My observation is that the lack of dollars started at the financial center in 1929 and spread to the periphery. This time we can se the lack of dollars starts at the periphery. We can speculate if this will spread into the center.
We do not know what Frau Merkel and Vladimir was discussing at their latest summit outside Berlin, tet a tet. No minutes have been coming out, but as Russia having been selling out their US bonds, I would guess, from a Russian perspective, to do trade in Europe, a European Euro swift system would be a benefit for them because of the US sanctions.
And you can bet that someone will be fighting tooth and nail to prevent to this to happen.
Look at what will going to happen with the Italian 10 year bond. I think this can be the underbelly of the Euro (from the cabal´s perspective it looks like), because many main European banks are having those bonds in their books.
All the Best, Dag.
So true.
The currency supply is kept low by those issuing currencies: the monopolized private international banking cartel.
http://michael-hudson.com/
Dag,
Keiser Report discusses the currency fiasco going on worldwide in the second half near the end of the show.
https://rt.com/shows/keiser-report/436813-episode-max-keiser-1271/
Robert.
Thank you for the link: Many issues covered by this Kaiser Report. It is sad to observe the opoid crisies that are now occurring “over there” And all the families that feel the pain of families members that have being drugged into this. I will not go murch further, but when near family members can not cope with reality, what can you do?. The sadness, is on your mind every day.
Then, going to “real politics”, the currency war that is going on. My interpretation is that this is a smoke screen for “the margin calls” that is now occurring in the socalled emerging markets.
About China, so many twisted arguments are coming out about their economy. I rember the Foreign Secretary, Chou en Lai, a mandarin under Mao, saying that we are the greates economy, except for the last 200 years
The Donald is saying,we will bring back manufacturing to US. Give me a brake. The “wirschaftswunder” of US in the 19. and 20. hundred was brought up by skilled local entrepeneurs and availability by the local recources. That corporate companies can bring back 30,000 Nike jobs is a fantasy.
And I can tell you, in my hometown, Hoenefoss, we were manufactoring locomotives, paper for journals, accordions, und soweiter. A major manufactoring hub in the 60thies and up to the 80thies. And now all is gone, as we are seeing in “the fly over US”.
The decline of manyfacturing in the Western societies is the main reason we will loose our next generation. I do not remember his first name, but he was an English industrialist, his last name was Goldsmith. He said, when France went into the coal and steel union, they lost 4 million jobs, and the same occurred, I noticed, in Great Britain when they joined the EU.
A long rant, Robert.
All the Best, Dag.
The jobs are coming back…
But they’re robots.
This ties in w/the concerted effect to convert rich people into job creators. No such animal. It’s the company’s customers that create jobs; not the immigrants taking them from the illegals, to the H-1Bs, to the H-2Bs, to the J-1s, all being brought in by the rich for one purpose: cheap labor. They cost the taxpayers in jobs and benefits.
Poor-Person unable to pay their taxes. For example, Vanderbilt. – Ambrose Bierce.
Oops!
…not the illegal immigrants
taking them from citizens.
I too, get carried away in my many rants…
The indigenous male species in Europe is naturally inclined to deal with feminism like Henry VIII dealt with his wives.
American “big shot” presence in Europe is to protect feminism, a subbranch of communism, against Henry VIII’s ghost.
Europeans have never heard of puberty. Neither did Arthur, the Grail king*, who made his queen into dog food, literally.
Footnote:
*French Grail romances are papal propaganda against Britons, and French courtly entertainment, promoting Baal worship slave mind.
And if he is calling for an alternative system, that could mean that there is already one ready to come on line.
This reminds me of the Galileo global positioning system. It was initiated by the Europeans out of fears that – if push came to shove – the US would deny the Euros the use of the GPS system in time of crisis/war. It was fear that the US could weaponize GPS…
In the same manner, the SWIFT financial clearing system was tolerable as long as it was not (overtly) weaponized. When the deep state behind Trump began using sanctions as weapons and SWIFT as its enforcement arm, the need for a Galileo-style financial clearing system became imperative. What is unusual here is that it is being said “Out Loud.” Interesting times…
(In the bigger picture, I could see the deep state behind Trump forcing European integration. Those pesky nation-states have refused to give up their identity and become Borg-ed. So, the next step in Borg-ifying the world is to ‘force’ the Europeans to psychologically/emotionally think as “Europeans” rather than as Germans, French, etc. This requires an outside Foe, and it is suspicious that Trump is so over-the-top on actions that – coincidentally, I’m sure – drive the “European” mindset. So, has Trump been Borg-ed?)
Just ran across this article:
“In the new “Multipolar World” the Globalists Still Control All the Players”
https://www.zerohedge.com/news/2018-08-23/new-multipolar-world-globalists-still-control-all-players
How deep does the rot go?
Great article!
Particularly/It takes a village to feed a vampire….
Yeah, I saw that. I am officially ‘lifting’ that phrase:
“It takes a village to feed a vampire….”
The later shoe just dropped. Germany is acting like the 99%ers should act; not taking any of the elitist less than 1% flak at his or hers expense.
Space is the key and Germany’s institutional history in that regard is extremely flush. Some of those histories are still alive & kicking.
Now the back & forth should get hotter. Perhaps the hidden covert wars will likewise heat up? This will no doubt be regarded as a bluff to be called. The reply will be swift[as if it isn’t front & center already] & forceful?
Any more shoes dropping?
Could this whining just be the usual stabbing in the back of a useful idiot by the Europeans whos expiration date is long overdue?