Not that you would know it by reading or viewing mainstream news last week, World War III took a very big leap towards going live. First, last Wednesday was the biggest news when Gazprom announced they would be selling oil and gas for rubles and yuan. We knew for a fact this was coming sooner or later, it has arrived. It is so important that you understand what this really means. This is the very first time since 1973 where oil will be traded with public terms NOT being dollars. Yes, Iran is and has been selling oil for gold and euros over the last couple of years but not “publicly” so to speak. Gazprom which is Russia’s equivalent to the American’s ExxonMobil has announced this publicly and as their new policy. As I wrote several weeks back, now you must ask yourself who will follow Gazprom’s example?
The following day (Thursday), there were NATO reports of Russian troops and hardware crossing the Ukraine border. I saw a report of an estimated 20,000 troops, but this link was taken down immediately and I believe it to be false. Russia has continually denied they have troops within sovereign Ukraine. Then came Friday, the U.S. proposed further sanctions and British Prime Minister Cameron proposed locking Russia out of the SWIFT system. Do you see a pattern here? Russia moves step by step further from the dollar which is followed by the West turning the screws tighter to start a live war. We have had several reports of “Russia invading” or “Russian tanks destroyed” and even an airliner actually shot down in an effort to spark war but Mr. Putin refuses so far to take the bait.
Let me switch gears here for a moment and then come back. If you look around the world today, there are many situations big enough to “point at.” What do I mean by “point at?” Think about this, the U.S. and the dollar system is clearly financially upside down and not viable any longer. How would it “look” if all of a sudden one Monday morning the banks and markets did just not open because a panic started? When I say “look,” I am talking about the “perception” to the common man. This cannot be allowed to happen, there absolutely MUST be “something” to point at as the reason or the cause.
What could these reasons or causes be? Are they or will they be real or manufactured? Before listing some possibilities I do want to point out the obvious, the world is (has been) totally interconnected with the use of dollars, banking, financial and trade systems, and of course the $1.4 quadrillion worth of time bombs planted all over the world. A cascade of financial collapse, once started will not be reversible and will take everything with it.
OK, let’s look at some of the possible “triggers.” A war in the Ukraine would do the trick. A hot war between NATO forces and Russia would mean what, as a minimum to start with? Less, or no more Russian gas flowing though the Ukrainian pipeline to Europe. It would mean much more than a cold winter as Europe (Germany) is already standing perilously close to a contracting economy. A shut off of energy would tip them over immediately, the front running panic sales of “financial everything” will not wait to see the confirmation of negative numbers. The mindset will be “sell now and see what happens later.”
How about Ebola? Were this (which amazingly and apparently the U.S. Dept. of Defense has 2 patents for) to spread to the West, what might this do? Could an Ebola epidemic be pointed at a reason for a financial collapse? Is it possible that some “human suicide bomb” is walking across our open border today? Tomorrow? Or maybe he’s already here or in Europe? This would work right?
Did you see the news on Thursday and Friday that the “Russians” had hacked our banking system? What is this all about? Has it really happened or just something to point at? If it’s true and somehow $100’s of billions or even trillions of deposits get stolen or wiped out or otherwise erased, this is certainly a viable “something,” right? Or, if it’s not true, it does make a pretty good story as to how our big banks were “robbed” over a weekend which is why nothing works on Monday morning. The public would buy this story wouldn’t they?
Or how about an attack in the U.S. from ISIS? The Saudi King just today has said Europe will see an attack next month and the U.S. the following month. If you read the story, he says “unless there is rapid action” taken. “Rapid action” … here is the war card again. Last year this King wanted the U.S. to attack Syria itself, now he says we need to attack Syria’s invaders. Would a U.S. or U.S./Israeli joint attack be enough to point at? What would Russia or China’s response be? Would their response be enough to point at?
If as the King says, a city in Europe and the U.S. will be attacked is true, what if the cities turned out to be either London or Brussels and New York or Chicago?
Please understand the potentials here, we know for a fact that as many as 120 “suitcase bombs” went unaccounted for after the Soviet Union broke up, these were mini nukes so to speak. I have also seen reports of audits in the U.S. which show nuclear materials unaccounted for. Would or could a dirty bomb be pointed at? It’s OK, you can nod your head, and “yes” anything at this point is possible either real or manufactured. In fact, the news each day is becoming stranger than even fiction, many fiction writers would be stretched hard to come up with today’s realities!
I am not trying to scaremonger you, I only want to point out. Any of the above scenarios are possible along with dozens of others. These can be the real deal or a false flag, it does not and will not matter. It won’t matter “what” it turns out to be or what the “motives” were behind it … what does matter is that the system is so fragile at this point, so over levered and under collateralized a collapse is mathematically certain.
Let me finish this by saying this, there must be “something” to feed to the masses for public consumption. There must be something somewhere to place the blame on. In no way shape or form can a financial collapse “just happen” on its own because then the bus drivers will be questioned and executed. There must be something to point at so the phrase “our policies were working and would have worked only if such and such had not happened” can be used. You can absolutely see the West trying to get a war started for whatever available reason while the East is content to wait it all out and let Mother Nature take her course. Whatever happens, the populace must be fooled into believing the outcome was the result of “best efforts” and not malice. Few will really understand.
Hi Bill, excellent thoughts again. Scary, but excellent! Can I share a brief summary of my day? I’m Belgian, remember? Not yet in my thirties, but quite “aware”. Ok.. Today, I have a day off (been working during the weekend). 2 days after my 28th birthday – That’s early may – I wrote a 7 page letter to some high level European & Belgian policy makers. The info in that letter is good. Good quality, is why I’m here. I’ve sent that letter in “hardcopy format” via postal service, no names, anonymously. You know, these days… I made sure that one copy remained at home. Early this morning, I drove to Ypres. You can “Google” that city. The entire world gathers there to remember the victims of The Great War. The copy of that letter now rests at the stairways of the “Menin Gate”. I sincerely hope that message just wakes up one person, just one.. The 7th picture in below URL gives you an indication of that stairway. By the way, that was a 300km trip. I came back home just 30 minutes ago. Let’s see how these crazy events unfold. Your comrade, Mr. G. (http://www.dailymail.co.uk/wires/ap/article-2613015/Across-globe-ANZAC-tributes-fallen-soldiers.html)
Thanks Mr. G.
correct, ingrained into the mentality is the “no blame”. That said, I was trying to get the point across that “they” know a crash is coming with or without something “to point at” …better if they can say “our programs were working if not for the XYZ event”.
Agreed Mr. Holter. I like to address people with “Mr”, or “sir”. It indicates value. I guess your reply applies to Chris K, but I’m not sure. Anyhow, I admire this blog, so please be so kind to add final comment (for this article). I’m not old, but quite sick and tired from all the lies. Literally.. The danger is “lack of truth”. I don’t like that dirty threath (!) You and your comrades are doing an excellent job. It is working. Note it. Also, “The Menin Gate” was not chosen randomly. It is a HUGE rendez-vous point for people WHO CARE from ALL over the world. I believe in cycles. And I believe someone – at the right time – will pick up that note and then “who knows…”. “Message in a bottle”, right (?). trying to be optimistic here. I believe to detect a GOOD, HUGE machine, that’s at work behind the scenes to bring change. I’m not sure if they’ll be succesfull. That’s the reason why I pray, once a day. We do this together.
the thing is this, we live in a fiat world which promotes “lies” but, relies on “confidence”. methods and results at 180 degree odds with each other.
I agree. “Timeline” or “steps” apply no more. Just one flash-event. That’s why I dedicated my entire energy to awaken “the remaining”, via ABSTRACT methodology. This is all so sad. I can write a book, and I’m just a KID.
1 or 2 out 100 understand that something is wrong, only 1 in 1,000 really knows what it is.
hi bill,i feel the same.they need to have someone or something to blame,it reminds me of the parent whose child constantly gets in trouble,and the parents are always saying,”my child would never do that”,while the neighbors who witness the childs’ misdeeds knows better.it’s always someone else’s fault,the real troubling part in this nation is,they have adopted this attitude with open arms.how many times have we been hearing that americans constantly blame each other for things going wrong.it’s become a joke really.haven forbid anyone takes responsibility for what they do anymore.
Bill, how much longer do you think the Germans will put up with this crap? Ultimately I think they will give EU/NATO the finger & side with russia/china. Their financial future depends on it. Also, on Jim Willie latest interview with tfmetalsreport he states that Putin is sitting on snowden files that prove 9/11 was an inside job. Putin claims he will release them soon. Willie believes he will do so through German media..? Hmm good way to raise that finger.
who knows but a cold winter with not enough natural gas to heat would certainly be a factor. The Snowden files regarding 911 depending upon what they say would surely be a confidence breaker.
If people are so stupid as to be baited into a war, then I suppose the population of the earth deserves what it gets.
The internet has been used to spread disinfo out the waz, just like the pictures of the downed 777 in the Ukraine showing pictures of the engines that were NOT from a 777 (a grown man can literally stand inside the fronts of the engines of a 777 with his arms extended skyward and MIGHT be able to touch the top, while the pictures showed engines that barely reached chest high on the average man) and additionally, manipulated aerial crash site photos. On the morning of the *crash*, I downloaded the roster of all scheduled inbound and outbound jets for the Malaysia airport and MH17 was nowhere on the list.
Every stick has two ends. The internet serves as an excellent vehicle to distribute information, but luckily for us, it is also populated with a lot of bright people who are picking the false flags apart as they happen.
Panic is only panic if you cooperate in its spread.
“truth” is ALWAYS the first casualty of war.
This seems prescient.
thanks
Thanks for integrating current events and reports into a meaningful narrative for us, Bill. Your read makes great sense.
welcome John.
Looks like we’ll need to deal with a short dollar rally…for now.
isn’t this always a prelude to war? Weaken your opponents currency and strengthen your own? This has been a playbook of the ages.
Hopefully not,but if WW3 is to start I doubt that it will be by any of the above scenarios.
Whilst they are perfectly logical possibilities, I think WW3 is more likely to be triggered by an event which nobody has foreseen. AKA a Black Swan ( overused term BTW)
But then again it could be said that WW3 has already started. !
it has been said.
Bill
To me the US has been trying to get the Russians inovolved in a war as you said so they can blame the economic decline on it. But they have not succeeded in their mission. They have tried to use their ‘war machine’ to threaten the world but I think they are losing in each attempt and the world is isolating the US more than the US is intimidating anyone. The US now I understand is going to send troops to the Ukraine (Zero Hedge story today) NATO isn’t its the US that is. More isolation for the US. My point is that yes the US is trying to find a scapegoat for their economic problems but it may backfire on themselves.
it may backfire but they will still point at it.
absolutely they will.
Bill,
Another great post. I agree something big is in the works. Clearly, they need a reason to point to when the wheels come off the financial system. It just can’t collapse on its own. Ever since it was reported back in July that ISIS had seized 40 kg’s of uranium, the stage has been set for a dirty bomb. Now with the Saudi King saying we will see a terror attack in the State’s shortly, the script is unfolding. Let us not forget that 17 of the 9/11 hijackers were from his kingdom, and the Saudi’s have bankrolled ISIS (fellow Sunni’s) against the Syrians. Clearly, the King has access to inside information. Many reports dismissed the danger by saying the missing material was too low grade to be a threat. But, who really knows? Here are two links to articles from when this event hit the news:
http://www.commentarymagazine.com/2014/07/10/isis-seizes-nuclear-material-from-iraq/
https://news.vice.com/article/isis-plundered-nuclear-material-that-could-be-used-in-weapons
…and missing Soviet suitcases from years ago.
“Let us not forget that 17 of the 9/11 hijackers were from his kingdom,”
This was never proven and several of them showed up later in other parts of the world. Obviously then, they were not part of the false flag operation called “9/11”.
Since trading in US Dollars accounts for a VERY small fraction of the US Dollars in reserves, how exactly is the $US going to crash anytime soon? After Russia, Iran, and China conducts their trading in non-$US, where do they then park (invest) their reserves? For the forseeable future, there is no other market deep enough than $US-based instruments – and it will be at least 5 years before an SDR-like market materializes.
In the meantime, all of the turmoil being “pointed at” around the world will continue to cause capital to flow into the RELATIVE safety of the $US.
I disagree with most all that you wrote.
It would be informative to know where you disagree. Is it:
– the fact that trading in US dollars is a tiny fraction of dollar reserves?
– there is no other place to invest reserves other than the US dollar
– that it will be at least 5 years before there is an alternative reserve currency
– or are you one of the dollar shorts that will propel the dollar higher once interest rates start to rise?
I disagree with:
– the fact that trading in US dollars is a tiny fraction of dollar reserves?
– there is no other place to invest reserves other than the US dollar
– that it will be at least 5 years before there is an alternative reserve currency
……..and no, interest rates going higher will signal collapse and hyperinflation, not a stronger dollar as a result.
I guess that’s what makes a market. The good news is we will know the answer in a few years. You may want to check some of your assumptions, and assess Armstrong’s analysis of history for another opinion – starting with this one (http://armstrongeconomics.com/2014/08/19/crisis-collapse-in-world-capital-flows/):
DAILY foreign exchange trading is over $4 trillion, including spot and forward markets and other foreign exchange derivatives that feature prominently in carry trades (cross currency swaps based upon interest rates). While still in the teens in the late 1970s, the ratio of yearly foreign exchange market turnover over merchandise exports had reached about 50:1 in the 1980s, and has doubled again since that time. The current ratio of around 100:1 implies that only about 1% of foreign exchange trading is actually related to merchandise trade. The bulk of money flowing around the world is INVESTMENT. So just how can China or Russia displace the dollar if trade is a tiny fraction of the world economy?
Yes scot, the FX markets have become a playpen for carry trades and with it massive leverage, as you say 100 to 1. When all is said and done, 100 to 1 leverage and the word “investment” don’t belong in the same sentence. I don’t think it will take a few years but yes, we will find out.
Because we have so much debt outstanding (deep market), our debt is a good investment.
Hmmm. The markets aren’t the only thing getting deep around here.
yes, unbelievable logic isn’t it?
If not for massive interference and money printing by almost all Central Banks the financial system would have collapsed already. The massive amount of outstanding derivatives is a huge threat to the FinSystem. A default would trigger THE avalanche. But up till now they managed to define a default in such a manner it is not a default!! And so your discussion about the usd,reserve currency and safe haven status of usd is a relative one! It could develop in any direction but long term it does not favor the USD nor the USA and Europe,,
“when is a default not a default?? …always in today’s world.
THANK U BILL! 9-11 was the perfect explanation 4 the market collapse back then! Of course it was also the perfect excuse for the oil & gas co’s to then take over in Irag & Afghanistan – where US restored their drug trade to #1 in the world! Thanks for ur voice of Truth, Bill!
ur welcome Pat.
I understand this decision it would be a step back for U.S., but you can’t force any of the countries to trade their natural resources in U.S. Dollar. Let’s hope for the best!