What happens if the EU goes down?

europe Jon Rappoport – I’ll get to the European Union in a minute, but first a bit of background.

System building—how do you do it? In particular, how do you build a perverse structure?

There are three sequential steps:

One: Secretly create the system.

Two: Once it’s up and running and established, act as if you’re a mere participant in the system.

Three: Claim that the system is absolutely necessary, and without it, things would collapse.

When those three steps have been accomplished, you can add other flourishes. For example, sometimes you can get away with saying the system was never created at all; it arose organically because there was a need for it. That’s a good one.

The EU is such a system.

The propaganda: “It wasn’t planned from the top. It came about as a response to the need for peace among nations, the need for a common market and a uniform currency, the need for an end to brutal nationalism, etc.” Continue reading

Strong Dollar Could Cause Bond Market Crash [Video]

DenningerGreg Hunter – Renowned financial expert Martin Armstrong says the biggest risk out there is the effect a strong U.S. dollar has on the global bond market. Armstrong explains, “There’s these people who keep saying the dollar is going to crash.  If the dollar crashes, the world is happier and basically celebrating.  You have half the U.S. debt equivalent in emerging market debt issued in dollars.  If the dollar goes up, they are in trouble.  Then you are going to see sovereign defaults. . . .

The U.S. is not going to default, but as you start defaults elsewhere outside the country, it makes people begin to get concerned about sovereign debt.  Sovereign debt is the worst of all.  It’s not secured.  If the U.S. government defaulted on its debt, what would happen?  You cannot go down to the National Gallery and start lifting Picassos.”

So, a bond market crash is a distinct possibility? Armstrong says, “Yes.  All these things are contagions. . . . The real risk is coming from Europe and Asia.  That is the real risk. . . . There is no place to go but the dollar at this point.” Continue reading

Europe, Trump, And Election Implications

europeJoseph P Farrell – Watching the geopolitical fallout from the American referendum has been almost impossible, for in these past few days I’ve received a veritable tsunami of emails containing articles that people have noticed and passed long, and I’m still sorting through them! But this one caught my eye for it clearly indicates that some of that fallout will be strongest in Europe. I’ve been of the opinion that President-elect Trump’s victory will have geopolitical consequences, first and foremost in Europe.

On the one hand, I’ve been of the opinion that his victory will give support and strengthen the anti-globalist movement in Europe, particularly in nations such as Austria, the Netherlands, France, Germany, Italy, and Spain, that have been crushed by a flood of refugees from the Islamic world.

There’s no reason to rehearse what the effects of this has been, for we have seen the stories. In Great Britain, of course, we had the BREXIT referendum, and the ongoing attempts in that country of the globaloneyists and corporatists to undo it by stonewalling and attempting to dilute it.

But to sum all this up, in general, this now world-wide movement appears to have a major though underlying theme or conceptual core, and that is “anti-centralism.” The larger and more centralized the “governmental and bureaucratic solution” is, the more inept, clumsy, and removed from local-on-the-ground reality it becomes.

Indeed, Mr. Globaloney has been engaged on an experiment for the past few decades – really the past century or more, but certainly ramped up since the administration of US President G.H.W. Bush in the late 1980s and early 1990s, and proceeding apace under Clinton, Bush II, and Obama – an experiment precisely in such massive centralization. The reason is simple: the more such political and bureaucratic power is consolidated and centralized, the less say “ordinary people” have.

Continue reading