The leading factor compelling the Anglo-American power elite into a new false flag terror adventure is the now rapidly worsening breakdown crisis of the European and US banking systems. Almost 2 years of Anglo-American financial warfare against the euro, generally taking the form of credit default swap (CDS) assaults on European government bonds, have now created an extraordinarily serious crisis. There is presently a list of at least one dozen large European banks, each of whom is a candidate to play the role of Lehman Brothers in the blowup which can now be expected for some time over the next two months. This includes the top British banks.
This crisis is almost exclusively the handiwork of the City of London and Wall Street, and they have created it in order to relieve pressure on the dollar, and to neutralize the threat to the future role of the dollar as the world reserve currency. Over the past few days, Anglo-American commentators have been chortling as the dollar has picked up a few pennies of value compared to the euro.
The problem for the Anglo-Americans is that panic runs on European banks will quickly be translated into panic runs on US banks, and on the dollar. Institutions like Bank of America, Citibank, Morgan Stanley, and even the vaunted Goldman Sachs, which have existed as zombie banks thanks to government largess since September 2008, are now exhibiting telltale signs of a Lehman-like death spiral. In short, if the European banks blow, the London and New York banks will not be far behind. Maybe the Wall Street geniuses of international financial warfare should have thought of that before they embarked on their current lunatic beggar-my-neighbor campaign against their confreres in continental Europe.
Experience teaches that if the New York money center banks are faced by imminent bankruptcy, their first instinct would be to demand a second bailout of trillions of dollars at US taxpayer expense. The problem for them is that the first bailout has left such a bitter aftertaste that congressional passage of such a monstrous funding bill would be anybody’s guess. From the Wall Street point of view, this makes martial law a much more attractive alternative than in the recent past.
Under the impact of a huge false flag event, new bailouts could be railroaded through the Congress or even approved by Wall Street puppet Obama as executive orders and validated later. They could even be approved as a measure necessary for national defense in an emergency. The impact in Europe would be similar.
Martial law declared in response to a terror attack would automatically be used to suppress public protests against the bailouts and austerity cuts decreed by the zombie bankers and hedge fund hyenas. No matter what the ins and outs, a new terror crisis would help Wall Street get its money. And there is nothing like an imminent financial panic to make the Anglo-American ruling elite go collectively bonkers.
http://tarpley.net/2011/09/09/probability-of-false-flag-terror-event-increasing/
Nobel-prize winning economist Robert Mundell, whose research contributed to creation of the euro, said a Greek default would trigger a run on banks of “monstrous proportions.”
“This risk means that issues in Greece and the euro area are an international problem,” Mundell told reporters in Budapest today.
Th European Central Bank and the Federal Reserve should introduce a “very large” swap facility, in the range of $1 trillion, to tackle any potential dollar shortage, Mundell said.
Mundell, who is a professor of economics at Columbia University in New York, also said no country should leave the euro area because it “doesn’t solve any of the problems.”
http://www.bloomberg.com/news/2011-09-08/greek-default-would-cause-monstrous-run-on-banks-mundell-says.html
Inga kommentarer:
Skicka en kommentar