Six Horrible Episodes, By Martin D. Weiss, Ph.D. 12/14,/15, Money
and Markets
As
recently as two months ago, few experts in or outside of government had a clue
that global terrorism would suddenly bust onto the European and American scene.
Fewer still could foresee the political and economic consequences.
But
if you take a peek at Larry Edelson’s Money
and Markets issues of recent years, you’ll find a series of forecasts
pinpointing what’s happening today with a considerable degree of detail.
In
our issue of Feb. 18, 2013, he wrote: “We are on the edge of seeing the war
cycles turn violently higher [with] another surge of terrorism, massive civil
unrest in the U.S., [and] a war in the Middle East.”
On
May 13, 2013, he told us to expect “increased terrorism and jihadist movements,
as well as domestic terrorism.”
On
Dec. 23, 2013, he warned of “increasingly authoritarian leadership on both
sides of the Atlantic.”
He
also told us, unambiguously, that the reality — and the fear — of terrorist
attacks would help send Europe into a tailspin …Cause massive migration from
the war-torn regions …Drive flight capital to the United States …And transform
the face of American politics.
Needless
to say, no one can forecast specific places, names and dates. But the key is
the cause-and-effect pattern …The rapid spread and escalation of
wars in the Middle East...
The terrorist attacks in Europe and
the U.S. …The polarization of politics on both
sides of the Atlantic …And the global tsunami of flight
capital to the United States.
How
did he know? By carefully studying the patterns of history. Needless to say,
this is not the first time religious, ethnic and regional conflicts have had
long-range consequences that reeled out of control.
Join
me on a time machine through history, and consider carefully these six horrible
episodes …
Ancient Rome, 64 AD.
A great fire consumes the city for six days, and the population blames Emperor
Nero, claiming he set the fire for his own amusement. In
order to deflect the blame, Nero points his fingers at the Christian “sect,”
orders the arrest of its members, tortures them until they name other
Christians, and then executes as many as he could round up. The majority of
Romans feel the punishment was well-deserved.
Europe, 1930s. Most
readers are very familiar with the rise of Hitler and the Holocaust. What’s not
so well known is the prewar exodus of Jewish refugees from Nazi Germany and the
response of host countries.
In
1938, for instance, a blaring headline in the Daily Mall of London warns
of “German Jews Pouring Into This Country,” with one British government
official noting that “the way stateless Jews and Germans are pouring in from
every port of this country is becoming an outrage.”
We
see similar sentiment in France, Belgium, Holland, Poland, Hungary, and even in
the U.S. The refugees are viewed as “harbingers of a dangerous ideology”
and “threats to the economy.”
In
1933, for example, the Chamber of Commerce of the French city of Metz says that
“highly undesirable Jews have become a veritable plague for honest French
merchants.” And by 1935, the French government enacts a series of quotas on
certain professions, effectively blocking Jews — a precursor for the more
pernicious and deadly forms of antisemitism still to come.
Spain, 1492. In
the same month that Ferdinand and Isabella give the order for Christopher
Columbus to mount an “expedition of discovery to the Indies,” they also issue
an edict that “all Jews should be driven out of the kingdom and its territories.”
It
doesn’t take long. By July 30 of that year, nearly the entire Jewish community
— some 200,000 people — is expelled from Spain.
Tens
of thousands die in transit. In some instances, Spanish ship captains charge
refugees exorbitant sums only to dump them overboard at sea.
In
the last days before the expulsion, rumors spread that the fleeing refugees
have swallowed gold and diamonds. Many are knifed to death by bandits seeking
the treasures.
The
most fortunate escape to Turkey, where Sultan Bajazet welcomes them warmly.
Among the most unfortunate are those who flee to neighboring Portugal, where
tens of thousands are forcibly converted to Christianity on pain of death.
Ottoman Empire, 1915.
On the eve of World War I, there are two million Armenians in the declining
empire. By 1922, there are fewer than 400,000. The others — some 1.5 million —
are killed.
Ninety
years later, David Fromkin, a World War I historian quoted by the New York
Times, describes it this way: “Rape and beating were commonplace. Those who
were not killed at once were driven through mountains and deserts without food,
drink or shelter. Hundreds of thousands of Armenians eventually succumbed.”
The
primary roots of the disaster: The collapse of the Ottoman Empire — in the same
country that welcomed Spanish Jews four centuries earlier. The empire’s ruler
is also the caliph of the Islamic community, while Christian Armenians are
concentrated largely to the East. Many of them, successful merchants and
industrialists, appear markedly better off in many ways than their Turkish
neighbors.
The
breaking point: 1908, when the Young Turks — ambitious, discontented junior
army officers — seize power and seek to “Turkify the empire.” Five years later,
in March 1914, they enter World War I on the side of Germany, are soundly
defeated by Russian forces, and then blame the minority Armenians for siding
with the enemy.
The
mass killings begin one year later, on April 24, 1915, when several hundred
Armenian intellectuals are rounded up, arrested and later executed.
Soviet Union, 1945. Stalin
views ethnic Germans living in the USSR as a major security risk, fearing
they’ll collaborate with invading Germans. With this rationale, over one
million are banished to Central Asia and Siberia, followed by another 200,000
who have been resettled by Poland.
Conditions
are so severe that, by October 1945, only about two-thirds of the deportees
have survived. And the resentment toward Germans is so deeply ingrained that
the survivors are not “rehabilitated” until 1954 and not allowed to return to
the European USSR until 1972.
Indonesia, 1965. In
the early hours of Oct. 1, 1965, a breakaway group of army dissidents
assassinates six Indonesian Army generals in an aborted coup attempt. Not only
do they fail to topple the government, but they prompt the government to launch
a massive “anti-communist” purge … which, in turn, leads to an ethnic war
against Chinese immigrants and their descendants … and ultimately, the mass
murder of 500,000 innocent civilians.
What are the chances something like this could
happen again? In Syria, Iraq, and North Africa,
it already has happened. As I’ve detailed here in recent months, the
Islamic State has already massacred Christians, Yazidis, Sunni Muslims, and
others.
In
the Mediterranean Sea, the Aegean Sea, and on multiple land routes to Western
Europe, thousands of war refugees have already perished, the victims of
traffickers that greatly outnumber the vile Spanish ship captains of the 1490s.
And
on six continents, ethnic-religious dividing lines — between Sunnis and
Shiites, Muslims and Christians, Muslims and Hindus, Buddhists and
non-Buddhists — are being drawn with ever greater venom, bloodshed and
firepower.
All
this helps explain why the United States, despite any of its failings that we
may deplore, remains the number one destination for frightened families and
scared money.
It
helps explain why the U.S. stock market has held up so well for so long,
despite a global economic slowdown. And
it’s also why all investors must remain vigilant.
The
lessons of history are stark and clear: Sometimes events reel out of control. It
may not happen very often. But when war, ethnic strife, and economic
deprivation line up in one time and place, the consequences can be
catastrophic.
We
pray the events of the years ahead will not reach some of the extremes of
history. But a keen awareness of those extremes is an essential element in
helping to prevent it.
Good
luck and God bless! Martin
http://www.moneyandmarkets.com/six-horrible-episodes-74724?cc0de=12192015MAMAC&em=ntl%40mindspring.com&sc=P446&ec=MAMw155#.VnW8LRFIgqc
Comments
This
Muslim migration is not like the other historical episodes in Nero’s Rome or
the flight of Jews from the Nazis.
It is
more like a return of the Islam takeover of Europe from 355 AD to 1291 AD.
http://www.thelatinlibrary.com/imperialism/notes/islamchron.html
Norb
Leahy, Dunwoody GA Tea Party Leader
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