They don’t have the nerve to just out right crank it up. (must be afraid of war crimes prosecution down the road.) Everything they try doesn’t work. False flags end up at half mast. Sanctions hurting the wrong people the most. The agitation doesn’t seem to agitate. And now a little country like Greece has them up against the clock. What happens if they can’t get ww3 going before all the little guys get in the car with Greece.
There can be no realistic effort to right the world’s economic ship as long as the pursuit of war interferes with business or business interferes with the pursuit of war. And media interferes with truth.
We all knew what was behind the curtain but who would have guessed their pants were down.
If the collapse that is inevitable happens without a war or something outside the monetary system to blame it on, then the fiat fractional reserve system will be to blame. They can’t let that happen and still be able to simply roll out a new fiat fractional reserve system in it’s place. They probably could but it might not work out any better for them than their other schemes have worked out lately.
What needs to happen, can’t happen and even if it could it won’t be allowed to happen. I certainly wouldn’t manage my investments, my business or even my family budget based on information from a discussion about what is needed for a recovery. There will be no market or global economic recovery. Only change.
What a joke. The ECB is telling Greece their credit is no good to pay for drinks in the Euro Lounge on the Titanic. It is just a bit impotent to threaten the ability of any entity to do business when on a daily basis there is less business to do. The trend is, no recovery, no stabilization, no prosperity, no peace, and no alteration of the trend.
It was looking like the U S was going to push Putin to the point of starting a war. They blew it. They pushed Putin to a point that gave him the opportunity to make it clear to all that the U S will continue to push until it gets it’s war and if the U S played the SWIFT card, that would be a deliberate aggression to increase conflict. So now the U S has to find a different card to play or take full ownership of escalating the war.
My take is like this -- Obama pulled the pin and handed the geeernaaade to Putin thinking he would throw it.
Putin handed it back and said “Show me how to put the pin back in it smartass.”
Can he? Everyone knows who is holding it now. Can the BRICS get a system going quick enough if the fumbling fool in TWH can’t get the pin back in it?
The people in the U S have become even less relevant to the world outside the U S than they are inside the U S, and they are totally irrelevant inside the U S. So no matter how convinced the U S people are that Putin is evil and dangerous, the rest of the world realizes the U S has become evil and dangerous, is trying to spread war and they now understand they are being forced into ww3 BY THE U S.
How it happens now doesn’t mater. Many people are coming to the conclusion that the compromise they are willing to make won’t be enough. The sacrifices will never be enough. Being willing to give a little will not deter the demand for more. Even surrender will not alleviate the situation. The people that don’t understand at this point can add “Level Of Stupidity” to the list of things beyond their control.
Whether Russia is part of a conspiracy to get to one world gov or not, Russia has grabbed the opportunity to make the whole world aware ahead of time that the U S is forcing this war. No political interest of any persuasion should have any doubts about the outcome of following through with the SWIFT threat. So when they do, everyone but a few will know, the U S deliberately started ww3 for whatever reason under lies having the war.
I think the only thing that could change anything for the better now would be if the BRICS get their system up and running just enough to not care about SWIFT.
It’s one thing to have a financial reset. It is not necessary to take the world back to the 18th century to do that. Putin has put the spotlight on those that have one thing in mind – ESCALATION.
One more situation where the U S can’t do what they need to do now even if they wanted to. I don’t think they are capable of working a peaceful way out of this especially since they never intended to.
The puppet masters don’t care, why should Greece Portugal Italy Spain or anyone. If things didn’t work out as planned for the little guy, due to manipulation and corruption, and the complications of that caused things to not work out as planned for the manipulators and corruptors, well then golly isn’t that sad. Oh well life goes on.
The political landscape is such a mess, there are no real democracies, no true communist, no totally socialist, no pure free market capitalistic societies and the U S abandoned the constitutional republic before I was born. If it’s corrupt the political affiliation makes no difference.
We need sanitation engineers to clean up the mess. Problem solvers to get things functional. Repairmen to fix damage, and Statesmen as guides. Politicians are useless. Bankers are the creators of corruption. And what kind of person does it take to trade the well-being of their own, to protect the well-being of a bunch of heartless, cold blooded monsters. What’s it going to take for those idiots to grow a conscience.
Pretty much all political systems have been reduced to dysfunctional and the bankers have enjoyed every minute of it. They are the problem that needs to be dealt with.
It is becoming more and more obvious the western political establishment do not have the intellectual capacity or the moral will to resolve the situation they have created. Let alone oversee a legitimate, productive and prosperous global economic environment
Conventional economic wisdom will not be applicable in any meaningful way anytime soon. When nothing works very little maters. The economic gangrene has spread too far and too deep to pretend there is a cure or even a treatment. The good part is, it is taking a toll, eating into the top that was the cause of the injury and infection.
The seeds of dissent and resentment are being planted among the group at the top. The blame game, back biting, and betrayals, are including more and more of the people that thought they were part of the elite. Welcome to the new losers. There will be many more.
Unlike the people that can be comfortable saying “Oh well, there’s nothing I can do about it.” most of these new losers will find that to be a very foreign concept. When they get cut from the winning team and they realize they never really were part of the elite, they might become a very good source of “Do Something About It” attitude and energy. Every community is going to have their share of these new losers, it might be beneficial to know who they are in your local. We have the same enemy. Type A personality people are not always the most congenial people to be around but they can definitely help things happen.
I think going forward, most opportunities will need to be deliberately caused by creative thinking, where in the past a lot of opportunities just happened.
We can apply all the business logic we want with all the analytical talent we have to predict the probability of success, and decipher how economically workable the BRICS new monetary system may or may not be.
They don’t have the financial resources to yada yada yada. Their transaction system will never bla bla bla. Their credit rating agency hasn’t been around long enough to yo yo yo.
Another thing that is becoming obvious is how all of that logic is being rendered irrelevant also. The U S has forced the issue too far. Not only have they forced the military issue, they have forced the European people to look in disdain at the whole western monetary system. What are their choices? Chaos, collapse, bank runs, shortages today or chaos, collapse, bank runs, shortages tomorrow?
Even the Europeans that need a nanny appear to be headed towards looking for a new nanny. No mater what the system is or what the conditions are there will always be those so what can you say?
When you have nothing left to lose, there is nothing left to hang on to.
It’s easy when you run the only game in town. When you don’t have to compete pretty soon you can’t.
There is another game coming to town. And with it there will be potential, which in turn will create momentum. Elements that are best utilized in competition. The Achilles heel of the U S, They can’t compete. Right in front of our eyes the U S has been turned into a banana republic that has no bananas. The U S has nothing to offer the world that the world can’t do without. The western monetary system is destroying the quality of life the world over for everyone but the elite.
Start a war where most of the world recognizes you as the instigator and win, lose or draw why would anyone continue to play your game or include you in their game?
If the only thing you can do with one game is lose you might as well try a different game.
The U S is creating a situation where the other option doesn’t have to be better, it doesn’t even have to be good. Just the fact it’s a different option will be good enough for most.
Everybody had to play the only game in town, but in the not so distant future they will be able to play the other game in town. When a player has a lot of chips on the table you can tell when he is getting ready to get up from the table. When a player has no chips left on the table you can turn around and he’s gone. If the only talent you have is destroying the table, even the players with chips will be moving on.
Point being – It’s easier for the little guy to change and adapt than it is for the big players. Especially if it’s time critical. Some can’t, they just plain can not change or adapt.
During meetings today there was a noticeable degree of uneasiness in foreign associates. Normally very composed people showing signs of distraction. Our meeting was casual business, nothing stressful or even urgent but it was easy to sense people were uncomfortable. It is a travel day for me today and I have a tendency to try and read people around me a little more than usual so maybe it is just me.
Things may drag on for some time yet but it feels like there is some change at hand or the tempo of events is picking up. So pay close enough attention to not be surprised. Decisions made during moments of surprise have a tendency to not be the best decisions.
The people that are the least responsible for all this mess will be the ones that have to clean up the mess. BUT, buried in that mess will be opportunities. There will be opportunities to influence how things play out, creating the possibility for more opportunities to affect positive change. But if people are not awake, aware and willing, those opportunities will come and go just like they always have.
The end result will be, new tent, fresh clowns, same circus, only not as fun and enjoyable as life today.