In order to understand what
is really going on around the globe in terms of the collapsing economy, we must
set aside false mainstream versions of reality. When it comes to the EU and
its current fiscal turmoil, it is very important to, in some respects, ignore
Greece entirely. That’s right; forget about all the supposed drama surrounding
Greek debt obligations. Will they find a way to pay creditors? Will they
default? Will they make a deal with Russia and the BRICS? Will there be
last-minute concessions to save the system? It doesn’t matter. It’s all a soap
opera, an elaborate Kabuki theater run by international financiers and
globalists.
It is most important to
remember the fundamentals. Greece will default on its debts. Period. There is
no way around it. Maybe Greece makes a deal today, maybe it makes a deal
tomorrow; but eventually, the country’s ability to stretch out its resources in
order to meet its exponential liabilities will end. It is inevitable, and no
last-minute “deal” is going to change the math at the core of it all.
Why are so many economists
so worried about a little country like Greece? It's all due to a great lie: a
dishonest narrative being perpetuated by the establishment that if Greece
falls, defaults or leaves the EU, this could trigger a domino effect of other
nations hitting a debt wall and following suit. The lie embedded in this
narrative is the claim that Greece will cause a “contagion” through the act of
default. Let's be clear - there is no contagion. Multiple countries within
the EU have developed their own debt problems in spite of Greece over the past
couple of decades, not because of Greece. Each of these countries, from Italy,
to Spain, to Portugal, etc. has its OWN sovereign debt disasters to deal with
caused by its own fiscal irresponsibility. The only legitimate reason for a
so-called contagion is the fact that these countries have been forced into
socialist interdependency through the EU structure.
Never forget this: The EU is in trouble not because of Greece,
but because of forced supranational interdependency. The EU by all rights
should not exist, nor should any centralized supranational single currency
system.
I would also point out that
globalist institutions like the International Monetary Fund are highly
motivated to initiate disaster in the EU, despite some people’s assumptions
that the EU is some kind of representative model of globalization. It’s not. If
this were the case, then the IMF would not be stiffing Greece on debt aid while
continuing to help Ukraine despite Ukraine’s similar
inability to pay.
Why would the globalists
want a partial breakup of the EU? What would they gain from such an event? That’s easy; they gain crisis, chaos and an opportunity to present a
false dialectic.
Europe is not at all
representative of what globalists really want in terms of economic and
political structure, no matter what many people assume. It is a, rather, a kind
of facsimile; a half measure. When Europe hits the bottom of the financial
abyss and the bewildered public begins asking what the hell happened, the
elites will be there with an immediate explanation. They will claim that it was
not the EU’s interdependency that was the problem. Instead, they will assert
that the EU was actually not centralized ENOUGH. They will claim that in
order for a supranational economy and currency to work, we must also have
supranational governance. In other words, the system failed because it needs to
be stabilized by global government.
The Fabian socialists will
argue that it was the barbaric and outdated institution of national sovereignty
that caused the full-spectrum crisis. They will completely gloss over the
negative effects of an interdependent economic system and the fact that a lack
of redundancy leaves cultures simpering and impotent. We’re all one big human
village after all, so we should accept the idea that we all succeed or fail
together. Free markets and individual innovation apparently have nothing to do
with a thriving economic structure. What we really need is a hive mind
amalgamation that turns us all into easily replaceable parts in a massive
rumbling lawnmower that chews up our heritage, history and principles for the
sake of some arbitrary greater good and the promise of alchemical floating
cities in the sky where no one has to work anymore.
The fall of the EU is a
means to an end for globalists. There is almost no nation or institution they
will not sacrifice if that sacrifice can be exploited to further their goal of
total global political and economic dominance. They don’t just want a
completely centralized system; they want all of us to BEG them to put that
system in place. They want the masses to think it was all our idea. This is the
most pervasive and effective form of slavery, when the slaves are manipulated
into demanding their own enslavement. When the slaves are fooled into
believing their enslavement is something to be proud of — a badge of honor in
service of the collective, if you will.
The fall of the U.S. will
be no different in this regard. We do not necessarily have a supranational
structure like the EU. So our narrative for collapse will be slightly
different, and the engineered lesson we are meant to learn will be carefully
crafted.
You see, Americans are
meant to play the role of the spoiled imperialists who are finally getting what
we deserve, an economic punch in our tender parts. We are the new Rome, bread
and circuses and all. And when the U.S. comes crashing down like
Europe, the Fabians will be there yet again to admonish the greed inherent in
national sovereignty and the destructive aspirations of power that must be
squelched by a more evenhanded global political system. I don’t really know how
many people out there realize this, but we are meant to play the bad guys in
the global theater being put on by the elites. Americans are the villains, the
rest of the world plays the role of innocent victim, and globalist centers like
the IMF and the BIS are meant to play the heroes, coming to the rescue of
humanity when all appears lost.
Our debt generation by far
outmatches that of the whole of EU nations combined, a fact I outlined in Part
3 of my series One Last Look At The Real Economy Before It Implodes. Unlike Greece,
though, the U.S. has the direct option to print fiat at will in order to
prolong punishment for our massive debt spending. However, as we have seen with
recent market reactions to the very notion of an interest rate hike by the
Federal Reserve in September, such an event will trigger extensive outflows
from stock markets and herald the end of the “new normal.” Again, why would the
banksters do this? Why not keep interest rates at a constant near zero?
It is not as if there is any public pressure to raise rates; in fact, it's
quite the opposite. Why is the Fed ignoring the hundreds of signals showing
that the U.S. is in a recession and pushing ahead with discussion of interest
rate hikes despite what one might logically conclude would be in the Fed's best
interest?
The Fed knows that the only
things propping up American markets are free money and blind faith by the
public that banks and government will act to stop any pain or economic
suffering, should such a potential for crisis arise. When the free money is
gone and that faith disappears, then we will have an epic catastrophe on our
hands. The
globalists within the Fed know this, and they want this - at least , they want
a controlled version of this. The elites NEED the fall of the current U.S.
system exactly because this will make way for the rise of what they often term
the “great economic reset.” This reset is the next stage in the plan for
total global economic centralization.
This is not about
contagion. There
is no such thing. It is an excuse, a scapegoat designed to distract from the
real problem. This is about a concerted effort over the past several
decades by internationalists to maneuver Western cultures into a position of
vulnerability. When people are weak and frightened, they become malleable.
Social changes you would have never thought possible today become very possible
tomorrow in the midst of a crisis. I believe we are now seeing the onset of the
next great crisis, and the fundamentals of economy support my view. When the
entire European system hangs by the thread of Greek debt and the entire U.S.
system hangs by the thread of near zero interest rates and blind market faith,
something is about to shatter. There is no going back from such a condition.
There is only the path forward, and the path forward is not pleasant or
comfortable and it cannot be ignored.
We cannot forget that
crisis is in itself a distraction as well. Whatever pain we do feel
tomorrow, or the next day, or the next decade, remember who it was that caused
it all: the international banks and their globalist political counterparts. No matter what happens, never be willing to
accept a centralized system. No matter how reasonable or rational it might
sound amid the terror of fiscal uncertainty, never give the beast what it
wants. Refuse to conform to the dialectic. This is the only chance we have left
to get back to true prosperity. Once we cross the line into the realm of
worldwide institutionalized interdependency, we will never know prosperity or
freedom again.
http://www.zerohedge.com/news/2015-06-26/us-europe-will-collapse-regardless-economic-contagion
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