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| The World Economy,when Will It Collapse? by ngjpub: 11:59pm On Oct 03, 2013 |
[i]Warning: It will only take the strong-willed to exercise patience in reading this article. Don't even bother if you can't stand the ''short length'' but if you can,please do enjoy reading this piece and share your viewpoints. cheers First,let me start by stating that Saudi Arabia response to possible US use of force in Syria will be in support of US actions just like the Uk. I believe WW3 is inevitable as it stands now. Permit me to guide you through the line of signs to buttress my point. The Economy is not going to bounce back. It's not going to rise back as the media and politicians try to convince us. This Global recession or more accurately, this global depression that we have been in the past five years is not a temporary down-turn,it's the beginning of the end of an era. After the crash of 2008,a lot people started caring about things like monetary policy,national debt,central banking and they began to educate themselves in these topics in order to understand what was happening and get some ideas on what was coming. In response,scores of internet pundits and self made economists rose up to answer the questions and predict when and how the system will fall. Unfortunately,many of these will be teachers ended in promoting an outdated world view that has left out the most important variables and as a result,their predictions fell flat on their face over and over again. For instance,when the federal reserve began flooding the economy with cash as a bail-out,many predicted this will lead to hyper-inflation. They were wrong. They were because they didn't understand what actually gives the DOLLAR value. The US DOLLAR is debt-based,it's not backed by gold of any other precious medal. It's also true that when money is created as debt it comes with interest and the money dependent on interest never exist. Therefore it is inherently a positive scheme doomed to fail from the start. However,it's not entirely accurate to say the DOLLAR is backed by nothing. USD which is the world reserve currency and therefore affects everyone on this planet,is backed by two things- Oil and the US military. After 'Madison' ended the gold tenure in 1971 he immediately began brokering deals with every member of the OPEC,offering them military protection in exchange for them selling their oil in USD. By 1975 every OPEC nation has been brought into this agreement. Not pointing out that if you needed to buy oil in international markets,you need a federal reserve note,not meant that America could not provide as much funny money as they wanted and the rest of the world would still have to use it just as long as no one in OPEC backed out. This arrangement is called the PETRO DOLLAR status. This is what prevents the USD from going into hyper inflation like a normal currency might. The Dollar has also lost a great deal of it's presumed value since 1970s. However,the inflation and the economic effects of the federal reserve policies are not proportional to what u will see in a country like Australia if they did the same thing to their currency. This is due to the fact that the demand for dollar created by the Petro-dollar status mitigates inflation to a large degree by distributing the consequences globally rather than merely affecting the United States. Essentially,America gets to write our checks,the rest of the world has to pay the bill. The "gigo" is perfect for America as long as no one decides to buck the system like Iraq did in 2000 by trying to sell their Oil(s) in Euro or like Libya did by trying to pull most of Africa up the Dollar or like Iran is doing now. As long as the US military is able to crush or intimidate any Oil producing nation that defies them,Petro-dollar arrangement will stand and the Dollar will retain its position. What this means is that the Economic collapse cannot be predicted by looking at Stock market charts,Interest rates,GDP or any of these standard Economic indicators because as long as America has the power to write hot checks that the entire planet expends,they will keep bailing out the banks and co-operations. There is no question about that whatsoever. As of now,our course is geared towards a third world war. This is where the game will most likely play out unless we take drastic actions. This is where we need to be putting out attention. The showdown is developing in Syria and Iran with the US finally acknowledging that military action is being planned for many years. The evidence was readily available for those who cared to research into it. China and Russia has been warning the US and NETO not to go down the path of force in Iran or Syria unless ready for a third war nuclear war. In spite of this,US has been steadily pushing forward,ignoring their warnings. But why Iran? Because Iran is sitting on the world 3rd largest oil reserve and because Iran is not bowing down to the US and NETO. They don't like the Petro-dollar and they have been pushing for an alternative. So somehow,there are indications that the US is definitely looking for a way to get Iran to a war. Iran and Syria already has a mutual defence agreement. Iran is already sending troops to Syria in their defence. Russia is also signalling its involvement,sending advanced anti-aircraft missiles to the Syrian government and positioning its forces close to the coasts of Syria. "The Formal relations",an organisation which has been calling for Iran inversion for years now of which has Hilary and many other key people in America as members,recently advised President Obama late last year(2012) to attack Iran. The powers-that-be want to kick this next conflict off very soon,in a matter of months if all go smoothly. Whether they are able to pull that off,is another question. If the United States and NETO go into Syria,and the conflict spreads into Iran,the result will be disastrous. This won't be a reply of Iraq or Afghanistan,it will be a whole new level of WAR. The type that will most likely draw in Russia and China with a high potential of bringing the entire planet into ruin. Even the so-called powers that be won't be able to control the chain of events that will follow. They are quite literally playing chicken with nuclear weapons,gambling on all of our lives with their deranged power games. Why? Because the powers that be,want to stay in control. If the economy is allowed to grind to a halt "volcanically",they know they will lose all leverage in the situation. As conditions worsen,the people will begin to rise up and it will only be a matter of time before their house of "cults" fall. To avoid that scenario,they are going to prompt by engineering the crisis. They are going to knock over the game board like a spoilt brat using War to bring humanity to its needs till we are begging for a solution. And then of course,they will offer that solution,solution that even turns them even more powerful. Now when you see just how many variables are involved here,how many of these variables are human decisions which are impossible to predict. It should be clear that there is no way to pin down the "clubs" through defending the day. That said,the escalation in Syria and Iran next has a real potential to set off a chain reaction that could very easily bring the global economy to its needs. This could be spotted by breakdown in our supply chain as the transport checkpoint or due to a key Oil producing country like Saudi Arabia becoming unstable or falling under Chinese or Russian control. Any conflict that involves Iran will inherently cause world prices to sky-rocket. Historically,the governments have always used war as a cover to stand up political opponents. As revealing and fascinating as this write up might be,rather than obsessing about how and when this will be, we need to do everything in our power to alter our current course. We must prevent the powers that be from drawing us into a 3rd world war. We must neutralise their capacity to detect the chain of events domestically. That's going to require wide spread disobedience within the military and civilian. In fact,we need a revolution. [/i] |
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