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Trade Wars Lead to Shooting Wars and Depressions

Trade Wars Lead to Shooting Wars and Depressions

Trade wars were a principal factor in causing the Great Depression of the 1930s and World War II.

The current President of the U.S. has imposed tariffs on imported steel and aluminum effective March 23, 2018 and proposes tariffs on products imported from China. He has also proposed revoking U.S. participation in the North American Free Trade Agreement (NAFTA) which has enabled a large expansion of trade between the U.S., Canada and Mexico.

Mr. Trump says trade wars are easy to win. Wrong. Everybody loses in trade wars.

Trade Wars Hurt Everyone 

Mr. Trump’s trade war will have a bad effect on American trade and relations with important nations around the world, including Canada, Mexico, China and other Asian nations whose companies do business in the U.S., and European nations.

Prominent American companies whose business will be hurt by Trump’s trade war include Boeing and Union Pacific, to name only two.

Boeing currently sells nearly one-third of its airplanes to China. The Chinese earn U.S. dollars by exporting to the U.S. That is the source of the ability of Chinese airlines to buy Boeing aircraft.

Union Pacific is the largest U.S. railroad. It transports goods, both imported and of domestic origin through much of the U.S. The CEO of Union Pacific has warned that Trump’s trade war will hurt not only the business of the railroad, but many other businesses that transport goods via Union Pacific.

American companies hurt by Mr. Trump’s trade war will suffer shrinkage of their businesses and shrinkage in the number of people they employ.

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

Christmas 2015—–Why There Is No Peace On Earth

Christmas 2015—–Why There Is No Peace On Earth

After the Berlin Wall fell in November 1989 and the death of the Soviet Union was confirmed two years later when Boris Yeltsin courageously stood down the red army tanks in front of Moscow’s White House, a dark era in human history came to an end.

The world had descended into what had been a 77-year global war, incepting with the mobilization of the armies of old Europe in August 1914. If you want to count bodies, 150 million were killed by all the depredations which germinated in the Great War, its foolish aftermath at Versailles, and the march of history into the world war and cold war which followed inexorably thereupon.

To wit, upwards of 8% of the human race was wiped-out during that span. The toll encompassed the madness of trench warfare during 1914-1918; the murderous regimes of Soviet and Nazi totalitarianism that rose from the ashes of the Great War and Versailles; and then the carnage of WWII and all the lesser (unnecessary) wars and invasions of the Cold War including Korea and Vietnam.

I have elaborated more fully on this proposition in The Epochal Consequences Of Woodrow Wilson’s War, but the seminal point cannot be gainsaid. The end of the cold war meant world peace was finally at hand, yet 25 years later there is still no peace because Imperial Washington confounds it.

In fact, the War Party entrenched in the nation’s capital is dedicated to economic interests and ideological perversions that guarantee perpetual war; they ensure endless waste on armaments and the inestimable death and human suffering that stems from 21st century high tech warfare and the terrorist blowback it inherently generates among those upon which the War Party inflicts its violent hegemony.

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

When conspiracy is not a theory: an example of a false flag operation in the Italian invasion of Greece in 1940

When conspiracy is not a theory: an example of a false flag operation in the Italian invasion of Greece in 1940

 
The Italian attack against Greece, that started in October of 1940, was one of the greatest military blunders of history and it may be argued that it cost the axis powers the whole war. Here, I discuss how the attack provides is one of the few documented cases of a  strategic “false flag” operation designed in order to create a pretext for a military attack. (Image: Italian infantryman of the Italo-Greek war, from the front cover of “Storia della Guerra di Grecia” by Mario Cervi)

False flag attacks are a popular item, nowadays: secret operations carried out by governments to place the blame on their political or military enemies. However, If you try to examine the question in any depth, you immediately find yourself facing an incredible variety of claims and counter-claims. On one side, there are those who simply laugh at the conspiracy theorists and at their funny antics, and, on the other, those who list case after case of presumed false flag attacks, including everything from the sinking of the Titanic to the blowing up of a tire of uncle Joe’s truck. So, do strategic false flag attacks exist? And, if so, how common they are?

There are several cases of strategic false flag that are almost certain or, at least, very probable. Perhaps the best example of a documented false flag attack is that of the “Gleiwitz incident” of Aug 31, 1939, when Nazi forces posing as Poles attacked a German radio station, performed in order to justify the German attack on Poland. A more recent case is that of  “Operation Northwood” which, however, was never actually carried out. There are many more examples where false flag attacks are claimed, but cannot be proven. The best example, here, is the the Reichstag fire, in Berlin, in 1933; for which many details are not completely clear.

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

America’s Achilles’ Heel

America’s Achilles’ Heel

Last Saturday, a massive Victory Parade was held in Moscow commemorating the 70-year anniversary of the surrender of Nazi Germany to the Red Army and the erection of the Soviet flag atop the Reichstag in Berlin. There were a few unusual aspects to this parade, which I would like to point out, because they conflict with the western official propaganda narrative. First, it wasn’t just Russian troops that marched in the parade: the troops of 10 other nations took part in it, including the Chinese honor guard and a contingent of Grenadiers from India. Dignitaries from these nations were present in the stands, and the Chinese President Xi Jinping and his wife were seated next to President Vladimir Putin, who, in his speech at the start of the parade, warned against attempts to create a unipolar world—sharp words aimed squarely at the United States and its western allies. Second, a look at the military hardware that rolled through Red Square or flew over it would indicate that, short of an outright nuclear mutual self-annihilation, there isn’t much that the US military could throw at Russia that Russia couldn’t neutralize.
It would appear that American attempts to isolate Russia have resulted in the exact opposite: if 10 nations, among them the world’s largest economy, comprising some 3 billion people, are willing to set aside their differences and stand shoulder to shoulder with the Russians to counter American attempts at global dominance, then clearly the American plan isn’t going to work at all. Western media focused on the fact that western leaders declined to attend the celebration, either in a fit of pique or because so ordered by the Obama administration, but this only highlights their combined irrelevance, be it in defeating Hitler, or in commemorating his defeat 70 years later.

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

 

 

Do You Want Total War?

Do You Want Total War?

70 Years Since the End of WW2

Last week Russia celebrated the 70th anniversary of “V Day” over Nazi Germany with a traditional huge military parade in Moscow.

 

resized_99265-russia-victory-parade_will_61-19595_t630Military parade in Moscow on May 9, celebrating the victory over Nazi Germany

Photo credit: RT

 

However, this year the celebrations were marred by the fact that many Western political leaders decided to stay away from Moscow in protest over the Ukraine situation. As Eric Margolis remarks, this snub seems quite churlish, especially if one considers that Russia made the biggest sacrifices by far in WW2 (Margolis’ article has all the grisly details, the most striking of which is the fact roughly 27 million Russians lost their lives between 1941 and 1945. Russia accounted for nearly 80% of all allied war casualties). Moreover, without Russia’s participation in the war, Hitler may well have ended up winning it. Eventually the political and economic system the Nazis had erected would have crashed and burned anyway, but without the expansion of the war to a second front, it would have been very difficult and costly to dislodge the Germans from the territories they had conquered.

To be sure, Hitler and Stalin – the dictators leading two of the most bloodthirsty and murderous governments in the history of the world – were allies before Hitler decided to unilaterally call the alliance off by invading Russia. When Hitler’s Wehrmacht began to attack Russia, Stalin at first simply couldn’t believe it. He allegedlyliterally denied that the reports of Hitler’s invasion were true. Hitler’s armies were already closing in on Moscow, when the other members of the Soviet Politburo arrived at Stalin’s dacha one day, in which he had hidden himself away for two weeks, refusing to communicate with anyone.

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

 

 

Why Central Banks Hate Physical, Love “Earmarked” Gold, And What Is The Difference

Why Central Banks Hate Physical, Love “Earmarked” Gold, And What Is The Difference

Several days ago we showed the dramatic conclusion of what happened to Czechoslovakia’s gold which had been placed at the Bank of England for safekeeping days after Germany annexed the central European republic ahead of the start of World War II. We hate the spoil the punchline for those who haven’t read the post yet, but the her it is: it was gone; it was all gone.

And all of this happened with the explicit assistance of the Bank of International Settlements which was formed in 1930 to promote the free flow of capital and global economic growth. Instead, time and again, what the BIS has proven its only mission to be, is to facilitate the spread of intangible assets and fiat currencies while it quietly confiscates, sequesters and aggregates (for a select group of individuals) he world’s physical assets. Mostly gold.

In fact, until the advent of the BIS, gold held by central banks came in one version. Physical.

It was only after the BIS arrived on the scene did gold’s macabre doppelganger, so-called paper, registered or “earmarked“, gold emerge for the first time.

Courtesy of Adam LeBor’s book exposing the history and inner workings of the BIS, “The Shadowy History of the Secret Bank that Runs the World“, below is a brief story of how earmarked gold came into being.

 

* * *

The Czechoslovak gold affair also highlighted how the bank’s increasingly sophisticated gold operations were growing in reach and importance. The BIS’s gold trades were a primitive forerunner of today’s globalized economy where vast sums instantly fly back and forth at the touch of a keyboard. The technology available in the 1930s was far more primitive, but the principle of buying and selling assets sight unseen and without taking physical possession is the same.

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

 

In Cold War, U.S. Spy Agencies Used 1,000 Nazis – NYTimes.com

In Cold War, U.S. Spy Agencies Used 1,000 Nazis – NYTimes.com.

WASHINGTON — In the decades after World War II, the C.I.A. and other United States agencies employed at least a thousand Nazis as Cold War spies and informants and, as recently as the 1990s, concealed the government’s ties to some still living in America, newly disclosed records and interviews show.

At the height of the Cold War in the 1950s, law enforcement and intelligence leaders like J. Edgar Hoover at the F.B.I. and Allen Dulles at the C.I.A. aggressively recruited onetime Nazis of all ranks as secret, anti-Soviet “assets,” declassified records show. They believed the ex-Nazis’ intelligence value against the Russians outweighed what one official called “moral lapses” in their service to the Third Reich.

The agency hired one former SS officer as a spy in the 1950s, for instance, even after concluding he was probably guilty of “minor war crimes.”

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

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