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Rabobank: “The Global Institutional Architecture Is Collapsing”

Rabobank: “The Global Institutional Architecture Is Collapsing”

It’s December, and the start of the season of good will to all and peace on earth. Not much of that about, of course.

In the UK, the election has been interrupted by the terrorist attack at London Bridge, which both sides are naturally playing politics with in different ways (The Left is soft on terrorists vs. police underfunding and foreign policy, etc.); the latest opinion polls suggest Labour continues to make up some ground but remains well behind, but London Bridge may perhaps see that impetus stalled. Let’s see if the imminent arrival of US President Trump tips the scales, as President Obama did on Brexit, or if he can hold off on commenting as protocol dictates.

In Germany, Angela Merkel’s coalition partners the SPD have just elected new leadership, and they have veered to the left, hardly a surprise against this global backdrop, but likely accelerating the eventual collapse of the current government and opening up questions about what any new one could look like. Instability, or at least uncertainty, at the heart of the Eurozone is certainly not going to be welcome to investors – yet could it herald an imminent fiscal shift?  

Tomorrow and Wednesday will also see the 2019 NATO summit, again in London, where the world’s largest military alliance will get together and try to decide what it is for and if it still has a purpose. Trump continues to put pressure on all members to spend the pledged 2% of GDP to keep it a fighting force vs. Russia, and perhaps China(?): relatively few do or show they even want to (e.g., Germany). He’s is also going to bring up Huawei and 5G to discuss. President Macron of France has called NATO “Brain dead” due to the absence of US leadership–I thought it was leading?

…click on the above link to read the rest of the article…

Dalio & Tudor Jones Warn: “We Will Kill Each Other” If Our Broken Economic System Isn’t Fixed

Dalio & Tudor Jones Warn: “We Will Kill Each Other” If Our Broken Economic System Isn’t Fixed

Two hedge fund icons – Bridgewater founder Ray Dalio and Paul Tudor Jones – joined Yahoo Finance for the 2nd annual Greenwich Investment Forum earlier this month. Speaking directly after Connecticut Gov. New Lamont, with whom Dalio is working to bolster Connecticut’s schools via a $100 million gift  – the largest charitable gift the state has ever received, PTJ and Dalio focused their “Fireside Chat” on the flaws of Fed policy, the dangers of America’s ballooning budget deficit, and the steps that must be take to “stop us from killing each other” in a violent revolution, as Dalio warned. 

PTJ spoke first, starting with a few words about President Trump, praising him as “the greatest salesman” to ever enter the American political arena. After all, didn’t Trump convince the Republican Party – once the party of fiscal piety – that 5% budget deficits 10 years into an economic rebound are necessary to protect the economy. Similarly, didn’t he also convince the Fed – “through great moral suasion” – that returning to real negative rates with unemployment at 50-year lows was a necessity?

Both Dalio and PTJ agree that, while clearly stimulative in the short-term (obviously just take a look at the S&P 500), these decisions will set up the US economy for one of the most punishing downturns in history, which is why PTJ always laughs when Jerome Powell is quizzed about financial conditions and whether he sees bubbles anywhere. Because at this point, the whole market is a bubble.

“Clearly, the low interest rate policy we’re pursuing is creating an excess and that excess is in our public deficits. Which, at the current pace, in less than ten years we will have exceeded the threshold where Greece had its issues,” PTJ said.

…click on the above link to read the rest of the article…

Trump vs. Warren And The Fake Battle Against The Elites

Trump vs. Warren And The Fake Battle Against The Elites

It seems like a simple and easy to identify pattern, but for some reason the public keeps falling for the same old globalist tricks. A well-worn tactic the money elites use to endear certain puppet political candidates to Americans is to encourage those candidates to use anti-elitist rhetoric, only to then flood their cabinets with those same elites once they get into office. The rule of politics seems to be, “Say whatever you want to get the people on your side, but once you’re in office, you do as we tell you…”

These candidates will aggressively attack the banks, corporations and wall street, lamenting the rapid decline of the middle class or “working class”. They will point out that a mere handful of ultra-rich, the top 1%, control more wealth than nearly half of the population combined. They will seize upon the travesties of the poor and argue for “change” to bring balance back to the system. They will pretend to expose the crimes of the banking cabal and the upper echelons of Wall Street. They will put on a grand show; and then, they will do the bidding of their masters and play the role they were groomed for…

Americans are suckers for fake “people’s candidates” and always have been.

But perhaps I should expand on this with some real world examples. How about Jimmy Carter, who started out his presidential campaign with a dismal 4% in the Democratic polls. Carter would go on to explode in popularity after attacking what he referred to as the “Washington insiders”, the elites that ran the show from behind the curtain. A widely distributed paperback book that promoted Carter during his campaign called “I’ll Never Lie To You: Jimmy Carter In His Own Words” quoted the candidate as saying at a Boston rally:

 …click on the above link to read the rest of the article…

About Trump

About Trump

The timing is right for everyone to understand what Donald Trump is doing, and try to decrypt the ambiguity of how he is is doing it. The controversial President has a much clearer agenda than anyone can imagine on both foreign policy and internal affairs, but since he has to stay in power or even stay alive to achieve his objectives, his strategy is so refined and subtle that next to no one can see it. His overall objective is so ambitious that he has to follow random elliptic courses to get from point A to point B, using patterns that throw people off on their comprehension of the man. That includes most independent journalists and so-called alternative analysts, as much as Western mainstream fake-news publishers and a large majority of the population.

About his strategy, I could make a quick and accurate analogy with medication: most pills are designed to cure a problem, but come with an array of secondary after-effects. Well, Trump is using medication solely for their after-effects, while the first intent of the pill is what’s keeping him in power and alive. By the end of this article, you’ll see that this metaphor applies for just about every decision, move or declaration he’s made. Once you understand what Trump is about, you’ll be able to appreciate the extraordinary presidency he’s conducting, like no predecessor ever came close to match.

To start off, let’s clear the one aspect of his mission that is straightforward and terribly direct: he’s the first and only American President to ever address humanity’s worst collective flaw, its total ignorance of reality. Because medias and education are both controlled by the handful of billionaires that are running the planet, we don’t know anything about our history that’s been twisted dry by the winners, and we don’t have a clue about our present world.

 …click on the above link to read the rest of the article…

Personal Politics, Public Impeachment, Persuasion and Post-Apocalyptic Planning

Personal Politics, Public Impeachment, Persuasion and Post-Apocalyptic Planning

One of my primary concerns regarding the forthcoming economic chaos and societal breakdown is that there will be nowhere to run and nowhere to hide. As normalcy bias evaporates like tears on dehydrated sunken cheeks, hungry neighbors and pre-collapse friends and acquaintances will soon assimilate into zombie hoards and come knocking like its Halloween.

What are you going to do? Shoot them?

Regardless, saying “I told you so” or “I tried to warn you, but you didn’t listen” will not be an effective deterrent. Furthermore, the resultant chaos will also deliver local strongmen and gangs ready to thieve and plunder amidst widespread violence and starvation.

In such a scenario, any lone bananas are sure to be skinned.

Are you ready?

Because very few will have the opportunity to bug out to a remote location and surprisingly, an isolated cabin in the woods, or a fenced-off hidden homestead in a rural area may not be best after all.  Take it from Fernando Ferfal Aguirre, who survived the economic collapse in Argentina.  In his book, “Surviving the Economic Collapse”, he described geographic areas as like organisms dying; where the extremities perish first. Aguirre identifies the urban areas as the safer places to work, trade, and live; with the rural areas as targets for roving gangs to raid and set up camp out of the reach of city services, police, and fire departments.

Therefore, since we know the endgame, what if we could parlay that into building trust with others now?   Perhaps entire regions could be fortified in a balkanized America, simply by reorganizing current civil administrations.  All that would be required would be for the heads of select institutions and agencies to work in coordination, quickly, and decisively as the proverbial excrement collides into the whirling flabellum. Roving bands, gangs, cartels, and feral feds, might then decide to move on to easier targets.

 …click on the above link to read the rest of the article…

Resistance

Resistance 

The status quo is always difficult to alter. Resistance is a normal reaction to change.  The current theatrics in Washington, DC are especially revealing.

Donald Trump is many things to many people. His supporters believe him to be a savior of the American system and way of life. His opponents see him as a threat, Both views are correct. From the beginning, I viewed Mr. Trump as a wrecking ball:

… there has never been an inauguration speech like this one. Contrary to Pogo, Trump defined the enemy and it was not us. This wrecking ball clearly differentiated between the average man and the parasites who inhabit Washington.

The speech was populist all the way. It was anti-establishment all the way.  Clear demarcation lines were drawn. I sense that war was declared on Washington, DC today. There will be no compromise. Either Trump will be destroyed or he will dismantle much of the Washington establishment.

This assessment has been validated by subsequent events. The winner of this existential battle is still in doubt. That itself is rather remarkable. What appeared to be a quixotic crusade now takes on heroic aspects, at least for many outside Washington. What once seemed impossible no longer does.

Don Quixote Trump still may not be favored in his battle against Goliath but the odds have shifted. The American people have been awakened to how the elites have exploited them. Whether Trump wins this battle or not, the Deep State has lost the war. They have been exposed as ruthless, lying exploiters. Don Quixote has suddenly become Goliath.

The peasants have been enlightened. The true nature of current American government has been exposed. No amount of polished rhetoric can undo this knowledge. Attempts to do so will bring out the pitchforks.

 …click on the above link to read the rest of the article…

David Stockman on How the Deep State Really Works

David Stockman on How the Deep State Really Works

Deep State

International Man: Last year, President Trump took the unusual step of bypassing his advisors to announce his intention to withdraw all US troops from Syria quickly. The decision rattled Washington and the mainstream media. It caused former Defense Secretary Mattis to resign. Almost a year later, the US has withdrawn only a token number of soldiers. It still has thousands of troops occupying the part of the country where oil fields are located. What is going on here?

David Stockman: Well, that’s the Deep State at work.

Donald Trump is all by his lonesome. He’s home alone in the Oval Office. Now, half of it, he can blame himself. If he hires someone, a known idiot like John Bolton, what does he expect is going to happen except that everything he wanted to do is going to be undermined.

Nevertheless, he can’t seem to find anybody who can articulate on a day-to-day basis a pathway to the more restrained America First posture that he had in mind.

He’s surrounded by people who constantly countermand his orders. You have James Jeffery, the US Ambassador and special envoy to Syria saying, “Well, Trump didn’t mean that when he said he wanted the troops out of Syria.”

We have the same thing with North Korea. Trump finally said, here we are, 66 years after the armistice and we still don’t have a peace treaty, and we’re still occupying the Korean peninsula, which is of no interest to our national security one way or the other.

You have to do what I would call “contrafactual history.” In other words, if you understand what could have happened the other way, then maybe you’re not going to be so impressed with all this threat inflation.

 …click on the above link to read the rest of the article…

The Fed’s Dilemma Is Our Problem!

The Fed’s Dilemma Is Our Problem!

A road sign showing two arrows leading in different directions and a label below that says dilemma

Pundit Bill Bonner predicts:

“Most likely, the stock market will crash sometime before the 2020 election. We can’t know when.

…. The end of the stock market boom, too, is unpredictable. But each passing day brings us a day closer to when it will crash and burn.”

Bonner’s prediction is in line with our 2017 article, “An Economic Showdown Is Looming”. I suggested the Fed, part of the deep state, was setting up President Trump to be another Herbert Hoover. The deep state wants the market to crash so they can crush capitalism and further consolidate federal government control.

Fed Chair Yellen announced the Fed would begin raising rates in 2015. After one early increase and she held off until after the election. Despite Ms. Yellen’s vehement objections to the politics of holding off on rate increases before the election, it sure looked political.

CNN Money reports:

Federal Reserve Chair Janet Yellen gave the U.S. economy a nearly clean bill of health, two days before Donald Trump arrives at the White House.(Emphasis mine)

“Now, it’s fair to say, the economy is near maximum employment and inflation is moving toward our goal.”

CNBC quoted Ms. Yellen:

“Would I say there will never, ever be another financial crisis? …. That would be going too far but I do think we’re much safer and I hope that it will not be in our lifetimes and I don’t believe it will be.”

In 2018, the Atlantic Article, “The Federal Reserve Chair Is Ignoring President Trump”, Fed chairman Powell reassured us:

“Not every business cycle is going to last forever, but no reason to believe this cycle can’t go on for quite some time, effectively indefinitely.”

The underlying Fed message – Bush broke it, Obama fixed it, and now Trump is responsible.

 …click on the above link to read the rest of the article…

MSM Co-conspirators with Deep State Treason – James Howard Kunstler

MSM Co-conspirators with Deep State Treason – James Howard Kunstler

Renowned author and journalist James Howard Kunstler thinks what has been happening for the last few years with the mainstream media’s coverage of President Trump borders on criminal activity. Kunstler explains, “What I am waiting for is if and when indictments come down from Mr. Barr and Mr. Durham.  I am wondering whether the editors and publishers of the Washington Post and New York Times and the producers at CNN and MSNBC are going to be named as unindicted co-conspirators in this effort to gaslight the country and really stage a coup to remove the President and to nullify the 2016 election. I say this as someone who is not necessarily a Trump supporter. I didn’t vote for the guy. I am not a cheerleader for the guy, but basically, I think the behavior of his antagonists has been much worse and much more dangerous for the nation and the American project as a long term matter.  I really need to see some action to hold people responsible for the acts they have committed. . . . I am not an attorney, and I have never worked for the Department of Justice, but it seems to me that by naming the publishers and editors of these companies as unindicted co-conspirators, that allows you to avoid the appearance of trying to shut down the press because you are not going to put them in jail, but you are going  to put them in disrepute. That may prompt their boards of directors to fire a few people and maybe change the way they do business at these places.”

Kunstler says things look unlike anything we have seen in the past because we are approaching a day of reckoning in our debt based monetary system.

 …click on the above link to read the rest of the article…

Trump Wants Deal With Exxon or Other Company to Take Syrian Oil

Trump Wants Deal With Exxon or Other Company to Take Syrian Oil

‘We should be able to take some’

Having sent growing numbers of troops into eastern Syria explicitly to control the oil, President Trump now says he is seeking a deal with Exxon Mobil or “one of our great companies” to go into occupied Syria and take the oil.

Trump has long suggested that in his view, the US should be able to just take oil from countries it is involved in militarily, as a way to recover some of the costs of his various wars. Trump said on Sunday that the oil is valuable and “we should be able to take some also.”

That Trump is sold on this idea is one thing, but convincing a US Oil and Gas Major to go along with the operation is another thing. The legal basis, particularly internationally, of taking Syrian oil without Syrian permission, and keeping US military forces there to keep Syria from stopping them, is going to be complicated, to say the least. 

Trump’s conviction that legally it’s probably fine, after all, doesn’t mean the US company, whichever it turns out to be, wouldn’t get sued in the US or internationally for looting Syria’s oil.

These huge multinational companies are notoriously risk-averse about conflict, and would likely be so about joining the president in an oil-taking scheme of this sort. That means while Trump continues to war to keep the oil, he’s going to face a big job selling the idea to any company. 

Imperial Capital but America-First Nation

Imperial Capital but America-First Nation

Imperial Capital but America-First Nation

Is America still the world’s last superpower with global policing obligations? Or should we shuck off this imperial role and make America, again, in Jeane Kirkpatrick’s phrase, “a normal country in a normal time”?

“Let someone else fight over this long blood-stained sand,” said President Donald Trump in an impassioned defense of his decision to cut ties to the Syrian Kurds, withdraw and end these “endless wars.”

Are our troops in Syria, then, on their way home? Well, not exactly.

Those leaving northern Syria went into Iraq. Other U.S. soldiers will stay in Syria to guard oil wells that we and the Kurds captured in the war with ISIS. Another 150 U.S. troops will remain in al-Tanf to guard Syria’s border with Iraq, at the request of Jordan and Israel.

And 2,000 more U.S. troops are being sent to Saudi Arabia to help defend the kingdom from Iran, which raises a question: Are we coming or going?

In his conflicting statements and actions, Trump seemingly seeks to mollify both sides of our national quarrel:

Is America still the world’s last superpower with global policing obligations? Or should we shuck off this imperial role and make America, again, in Jeane Kirkpatrick’s phrase, “a normal country in a normal time”?

In Middle America, anti-interventionism has carried the day. As Trump says, no declaration at his rallies is more wildly welcomed than his pledge to end our Middle East wars and bring the troops home.

But in this imperial capital, the voice of the interventionist yet prevails. The media, the foreign policy elite, the think tanks, the ethnic lobbies, the Pentagon, the State Department, Capitol Hill, are almost all interventionist, opposed to Trump’s abandonment of the Kurds. Rand Paul may echo Middle America, but Lindsey Graham speaks for the Republican establishment.

 …click on the above link to read the rest of the article…

“We Want To Keep The Oil”

“We Want To Keep The Oil”

“Well you may throw your rock and hide your hand,
workin’ in the dark against your fellow man.
But as sure as God made black and white
what’s down in the dark will be brought to the light.”
~ Johnny Cash/traditional, ‘God’s Gonna Cut You Down’

The Grayzone has an excellent new article out titled “US troops are staying in Syria to ‘keep the oil’ – and have already killed hundreds over it” detailing the many ways the Trump administration has openly admitted that it is keeping US troops in Syria to control the nation’s oil fields so that the Syrian government can’t use it to fund reconstruction efforts.

“We’ve secured the oil, and therefore a small number of US troops will remain in the area where they have the oil,” Trump said in a recent press conference. “And we’re going to be protecting it. And we’ll be deciding what we’re going to do with it in the future.”

“We want to keep the oil,” Trump said in a cabinet meeting a few days earlier. “Maybe we’ll have one of our big oil companies to go in and do it properly.”

“A purpose of those [US] forces, working with the SDF, is to deny access to those oil fields by ISIS and others who may benefit from revenues that could be earned,” said Defense Secretary Mark Esper. As Grayzone‘s Ben Norton accurately explains, “and others” necessarily means the Syrian government; preventing Assad from accessing Syrian oil is standing US military policy.

 …click on the above link to read the rest of the article…

Everyone Is a Russian Asset

Everyone Is a Russian Asset

America laughed at Hillary Clinton’s remarks about Tulsi Gabbard, but her ideas fit perfectly in the intellectual mainstream

Democratic presidential candidate Rep. Tulsi Gabbard reacts as she listens to a question from the audience during the Presidential Gun Sense Forum, in Des Moines, IowaElection 2020 Tulsi Gabbard, Des Moines, USA - 10 Aug 2019

Hillary Clinton, not long ago the nominee of the Democratic Party, had some choice words about the state of American politics Friday.

“I’m not making any predictions, but I think they’ve got their eye on somebody who is currently in the Democratic primary and are grooming her to be the third-party candidate,” Clinton said on a podcast with former Barack Obama aide David Plouffe. “She’s the favorite of the Russians.”

Clinton appeared to be talking about Hawaii congresswoman Tulsi Gabbard, a combat veteran. She wasn’t done, teeing off on former Green Party candidate Jill Stein:

“[Jill Stein’s] also a Russian asset… Yeah, she’s a Russian asset — I mean, totally. They know they can’t win without a third-party candidate.”

She went on to talk about Donald Trump:

“I don’t know what Putin has on him, whether it’s both personal and financial … I assume it is.”

Hillary Clinton is nuts. She’s also not far from the Democratic Party mainstream, which has been pushing the same line for years.

Less than a week before Clinton’s outburst, the New York Times — once a symbol of stodgy, hyper-cautious reporting  ran a feature called, “What, Exactly, is Tulsi Gabbard Up To?” The piece speculated about the “suspicious activity” surrounding Gabbard’s campaign, using quotes from the neoconservative think-tank, the Alliance For Securing Democracy, to speculate about Gabbard’s Russian support.

This was the second such article the Times had written. An August piece, “Tulsi Gabbard thinks we’re doomed,“ hit nearly all the same talking points, quoting Clint Watts, an ex-spook from the same think-tank, calling Gabbard “the Kremlin’s preferred Democrat” and a “useful agent of influence.” The Times article echoed earlier pieces by the Daily Beast and NBC.com that said many of the same things.

 …click on the above link to read the rest of the article…

Betrayal and Deception: Syria Is a Prime Example of US Foreign Policy

Betrayal and Deception: Syria Is a Prime Example of US Foreign Policy 

Trump announced the withdrawal of US troops who had been protecting the SDF (Syrian democratic forces) in the northeast of Syria, prompting Kurdish leadership and the Damascus governed to strike a deal allowing Syrian Arab Army to retake control of the border with Turkey after nearly six years.

With the US troops withdrawn numbering around 150 to 200 (out of the 2,000 to 3,000 illegally squatting in Syria), it is understood that Trump’s decision is for reasons other than those stated.

The primary impression Trump wishes to convey to his voters is that of keeping his electoral promises, including that of defeating ISIS in Syria, meaning that US troops can now come back home.

Although it is clear (at least to those not under the sway of the mainstream media) that ISIS has not been completely defeated and that the US never really fought against the Caliphate, the impression is nevertheless conveyed that the “Winner-in-Chief” has triumphed and is bringing home the boys.

Given that the deep state retains ultimate control of US foreign policy, Trump is allowed to do and say what he wants – provided it is only within the confines of his media playpen, safe in the knowledge that his motivations are purely electoral and not really aimed and upending the foreign-policy consensus of the US establishment.

If we look beyond Trump’s histrionics, we can see that the US deep state continues its illegal stay in Syria, with Trump in reality having no intention of opposing the military-industrial complex (indeed often appointing its members to serve in his administration), with these two parties finding a common point of agreement in the alleged threat posed by Iran.

US troops will only shift near Iraq, looking at disrupting any form of cooperation between Baghdad, Damascus and Tehran.

 …click on the above link to read the rest of the article…

After Trump War Only One Party Will Be Standing – Kevin Shipp

After Trump War Only One Party Will Be Standing – Kevin Shipp

Former CIA Officer and whistleblower Kevin Shipp says the political war over removing President Trump from office is heating up, and when it’s over, things will never be the same. Shipp explains, “We are already seeing a brewing civil war in the civilian population in the United States. There is a war in Washington D.C. between (Congressman) Schiff and the others that are trying to eliminate the people’s choice for President by American voters. That’s what is going on. . . . You can see the violence on the streets, and it’s getting worse and worse against Trump supporters. This is going to escalate almost monthly, in my view, as we see more violence and more splits in Washington D.C. It is so seminal all the way down to the corruption we are talking about, there has got to be only one party left standing. That is either the Trump Administration or the DNC and some of the globalists that want Trump out of there. Obviously, if the progressive Marxists win, they will want to change our Constitution. Only one of them is going to win and be left standing. That’s how deep, dark and powerful it is. How many senior level officials are involved?  Only one party is going to be left standing, and it’s going to get nastier and uglier by the month.”

Some say that there have been no arrests or prosecutions, and patriots are getting frustrated with what seems to be inaction. Shipp says there may be a good reason for the Trump Administration to go slowly in dismantling the Deep State globalists in the government that are trying to kick Trump out of office.

 …click on the above link to read the rest of the article…

Olduvai IV: Courage
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Olduvai II: Exodus
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