Gramercy Images News

A Financial Novelty weblog

Jim Willie: “It’s Not Going To Hang On For A Whole Lot Longer” | US Plans To Collapse Europe!

without comments

Jim Willie Interview with Elijah Johnson


Part One

Part Two

Jim Willie joins in this newly released video and reveals the US government’s plans to collapse Europe. With the world quickly headed the way of World War 3 and financial and nuclear armageddon a possibility within our near future, Willie warns that nothing is getting fixed, everything is breaking, and the US is becoming more and more desperate as the rest of the world rejects the US dollar. “It’s not going to hold on for a whole lot longer” we are warned.

Part One:

  • The U.S. wants to destroy European Economy 1:24
  • How will Russian sanctions impact U.S. Dollar and European Economy? 6:53
  • U.S. isolating itself from the rest of the world 10:37
  • Germany not co-operating with move toward fascism and breaking away from the EU 20:16
  • NATO being undermined by sanctions and war 33:45
  • Petrodollar continuing to be threatened 38:52

Part Two:

  • Why is Germany repatriating their gold? 0:34
    Viewers Questions:
  • What is America's role in the new millennium? 7:25
  • Will debt be erased in a dollar collapse? 11:46
  • When will the U.S. government market rigging end? 15:42
  • Should we invest in rigged markets? 18:04
  • Australia aligning with the West or East? 25:08
  • Will the BRICS association survive? 29:49

Finance And Liberty:
Website ►
Like us on Facebook ►
Follow us on Twitter ►
Google Plus ►
Title and video graphics by Josiah Johnson Studios ►
Our sponsor Reluctant Preppers ►

DISCLAIMER: The financial and political opinions expressed in this interview are those of the guest and not necessarily of "Finance and Liberty" or its staff. Opinions expressed in this video do not constitute personalized investment advice and should not be relied on for making investment decisions.

| Gramercy Images |

Written by testudoetlepus

September 14th, 2014 at 6:24 pm

Russia, The Ukraine, BRICSA Nations, Sanctions, and The Retreat From “Globaloney”

without comments

by Joseph P. Farrell

There is yet another consequence that is spinning out from the Anglosphere’s foreign policy insanity vis-a-vis the Ukraine, Russia, and the imposition of sanctions on the latter: the breakdown of the very globalist-New World Order agenda – we call it Globaloney here at Giza Death Star – that the CFR, Trilateralists, Bilderbergers, and so on have been so assiduously busy about building since the end of the Second World War (if not before):

World marching back from globalisation

Of course, you’ll notice a certain tendentiousness in this article, perhaps best revealed here:

“There is a mood abroad that says history will record that sanctions against Russia marked the start of an epochal retreat from globalisation. I heard a high-ranking German official broach the thought the other day at the German Marshall Fund’s Stockholm China Forum. It was an interesting point, but it missed a bigger one. The sanctions are more symptom than cause. The rollback began long before Vladimir Putin, Russia’s President, began his war against Ukraine.

“The case for calling a halt to business as usual with Moscow is self-evident to anyone who considers that international security demands nations do not invade their neighbours. The valid criticism of the West is that it has been too slow to react. At every step, the Russian president has ruthlessly exploited US hesitation and European divisions.

“He will do so until NATO restores deterrence to the core of European security. Putin’s irredentism demands tough diplomacy stiffened by hard power. He will stop when he understands that aggression will invite unacceptable retaliation. To make deterrence credible, the alliance must put boots on the ground on its eastern flank. The Baltics have replaced Berlin as the litmus test of western resolve.

“Some, particularly though not exclusively in the rising world, have seen sanctions through a different prism. By punishing Russia economically, the US and Europe are undermining the open international system. Economics, this cast of mind says, must be held apart from the vicissitudes of political quarrels. Why should new powers sign up to a level international playing field if the US and Europe scatter it with rocks in pursuit of narrow interests?”

There are four points here that leave me scratching my head in disbelief, and the first is, the idea that this is “Mr. Putin’s War.”

Now, granted, I don’t watch much tv, but the notion of Mr.Putin having begun “his war against (THE) Ukraine” strikes me as not only a BIG FAT WHOPPER OF A LIE, but one so ridiculous that it strains imagination. Most regular readers here are probably as ready as I to assign equal if not more responsibility for the mess in THE Ukraine to the West in general and to America in particular. As far as this blogger is concerned, Russia’s only responsibility in the affair appears to have been the misfortune to have their country so close to the Ukraine. One gets the impression, from some western “spokespersons” that the Russians are also to be blamed for the location of their country (How dare they place it so close to our interests!) and that Washington would be much happier if the Russians lived in another solar system.

I’ve heard the usual stuff about a Russian invasion of the Eastern Ukraine, though admittedly, I haven’t watched much tv news lately to see how the American media is spinning the whole thing(frankly, I can only stand about two minutes of it before I switch it off in disgust). But I’m just not seeing it. This is Russia we’re talking about folks, and if Mr. Putin wanted to invade the Ukraine, he wouldn’t muck about. We would be seeing massive air and missile strikes against C3 targets (communications, command and control), airfield strikes to cripple the Ukrainian air force and gain air superiority, interdiction of transportation and logistics, road blocks and check points everywhere, a clamp on all foreign journalists, massive columns, armor, &c… you get the idea. In other words, you’d see a military operation with all that entails, and from what I can tell – I may be wrong, after all, I don’t watch TV and I don’t live in Donetsk – this is not happening.

The second problem here is, sure, you don’t invade friendly and non-hostile “neighbours”, and that’s the point: Mr. Putin didn’t, and even if he did, there has been some provocation. Left out of this mix is of course, that one also doesn’t sponsor neo-Nazi coups and bloody covert operations against a legitimate sovereign government that is moving in a direction you don’t like, but not doing anything threatening to you or your interests, just so the Vice-President’s son can have a cushy job (ok ok…I exaggerate).

Thirdly, the Baltics have replaced Berlin as the test of Western resolve. Really? Funny… I don’t recall hearing recently that Mr. Putin or Mr. Glazyev or anyone else were massing troops and tanks on the border of Estonia, Latvia, or Lithuania. Could you produce some satellite pictures from Brazilian, German, French, Japanese, Chinese, Indian satellites showing us this? What I suspect is REALLY being said here is “we need American bases in those countries in the guise of NATO bases so we can more easily interdict that Russian-German gas pipeline in the Baltic Sea.”

However, it’s that fourth component that really is where the rubber meets the road, and two more paragraphs expound on this:

“These critics are right to say an integrated global economy needs a cooperative political architecture. Sanctions against Ukraine, though, fit a bigger picture of the unravelling of globalisation since the financial crash of 2008. They testify to a profound reversal in US attitudes. Washington’s steady retreat from global engagement reaches beyond Barack Obama’s ordinance that the US stop doing “stupid stuff”.

“The architect of the present era of globalisation is no longer willing to be its guarantor. The US does not see a vital national interest in upholding an order that redistributes power to rivals. Much as they may cavil at this, China, India and the rest are unwilling to step up as guardians of multilateralism. Without a champion, globalisation cannot but fall into disrepair.”(Emphasis added)

I have to admit, I read the last paragraph in disbelief, for the BRICSA nations, Russia and China in particular, have repeatedly made statements to the effect that “globalization” must be genuine and not unipolar. In other words, they have dared call a spade a spade, and pulled off the phony term of “globalization” as simply a convenient name for the imposition of American and for that matter private financial and corporate will on the rest of the world. Think only of the secret agendas behind the drive to push standards of US Patent Law through the WTO – with all the associated GMO issues that go with it – the whole creation of the WTO-IMF system:

“The open trading system is fragmenting. The collapse of the Doha round spoke of the demise of global free-trade agreements. The advanced economies are looking instead to regional coalitions and deals — the Trans-Pacific Partnership and the Transatlantic Trade and Investment Pact. The emerging economies are building south-south relationships. Frustrated by a failure to rebalance the International Monetary Fund, the Brics nations (Brazil, Russia, India, China and South Africa) are setting up their own financial institutions”

And the “masters” in the City, Wall Street, London and Washington have only themselves to blame. But there’s a lament here, and it’s a significant one:

“Globalisation needs an enforcer — a hegemon, a concert of powers or global governance arrangements sufficient to make sure the rules are fairly applied. Without a political architecture that locates national interests in mutual endeavours, the economic framework is destined to fracture and fragment. Narrow nationalisms elbow aside global commitments. Sanctions are part of this story, but Russia’s contempt for the international order is a bigger one.

“Sad to say, we learnt in 1914 that economic interdependence is a feeble bulwark against great-power rivalry.”

Reading between the lines a bit, this is both an admission, and perhaps a bit of a desperate prayer. The admission is, the USA cannot be the unipolar “enforcer” any more for any attempt to do so will only exacerbate an already deteriorating situation, and secondly, the old system of alliances is collapsing under the strain of new emerging regional coalitions, financial realities, and their accompanying geopolitical commitments. In other words, the USA must make sure those new bases in Eastern Europe that are being called for here must be perceived as NATO bases. And there’s the rub… selling that idea in Rome, Madrid, Paris, or Berlin is going to be difficult.

Now, one final question: do any of you think that “global enforcer” will be genuinely fair? a genuinely responsive government to the peoples of the world? to their middle classes? Or do you think it will be what the corporatized governments of the west have become?

I suspect most of us know the answer to that already.

See you on the flip side.

(My thanks to Mr. Z.Y. for sharing this important article.)



| Gramercy Images |

Written by testudoetlepus

September 11th, 2014 at 3:25 pm

Jim Willie: Saudis to Kill Petrodollar. Germany to Scuttle The EU and Wall Street

without comments


The BRICS nations (Brazil, Russia, India, China and South Africa) at their summit in Brazil said they would give the United States until the end of 2014 to reform the world monetary system including the IMF and the World Bank. The Obama administration has since decided to up the ante and pass more toothless sanctions against Russia. The US had fined BNP Paribas $9 billion for daring to trade with Russia and Iran.

The facts left out of the above in most media accounts are that the Rothschilds own BNP Paribas. and that their Parisian bank is technically bankrupt. In American parlance we are at the point where the rubber meets the road. Do the economic experts running the United States actually know what they are doing?

Dr Willie outlined from his sources a chain of events that could unfold over the next few months. It is difficult to put a date certain when the Dollar Dies but we are on an Express Train headed for a Brick Wall. And America has passengers from other nations on board looking for a safe exit because they know the men in charge in Washington and New York are stark raving mad.

The first actual event Jim Willie mentioned will be a disappointing harvest in the Ukraine. A poor harvest in an agricultural country will doom the Kiev regime which is a good thing. Another source of complaint will be the returning veterans sent home after the ceasefire. They are angry. The Kiev coup leaders are so incompetent that they sent their draftees into battle with poor support and inadequate weapons. Their army in some cases was never paid. These are men who could have made money in the fields. There are videos of the returning veterans showing exceptionally high levels of anger. The US stole Ukraine’s gold and has ordered them to allow GMO crops to be planted. The neighboring states of Hungary and Russia have banned GMO as a health risk. The next round of elections should be interesting but of no consequence to us though we should all be grateful to Putin that Washington’s insanity was not contagious.

Lost in the mainstream press is the fact that the resistance to Kiev was swollen with foreign volunteers who hate the EU. These men are seasoned veterans from NATO countries. Brits from the SAS were fighting alongside French, Germans, Danes and others against the IMF-EU installed dictator in Kiev. These men are resistance fighters in the war against the New World Order. That is why the Department of Homeland Security says returning veterans are the number one threat to the government in Washington.

Dr Willie has been reporting for quite awhile on the growing friendship between the Saudis and the other Gulf States and China. The Chinese and the Saudis hold monthly ministerial level meetings. A few hundred wealthy Arabs have been sending their 400 ounce gold bars to Switzerland to have them recast into 99.99% pure kilogram size bars. Those kilogram gold bars are to be part of a gold backed yuan that will trade with other gold and commodity backed currencies.

This is to be a distributed system with letters of credit based on gold to facilitate trade as opposed to the current centrally controlled one where one man in Washington can shut down your economy because you do not think Iran has a program to build a nuclear weapon. So what if the US National Intelligence Estimate which relies on the best data from America’s 16 intelligence agencies says there is no such program. Jewish Lobby campaign contributors have told both political parties there is one and your country must be bankrupted through American sanctions for defying the will of Benyamin Netanyahu.

The Petrodollar is about all that is keeping the US dollar from sinking. Henry Kissinger started the Petrodollar system to replace the dollar gold exchange system which had originated at Bretton Woods in 1944 and ended Monday August 16, 1971 when Nixon closed the gold window. The Bretton Woods agreement essentially took the British pound system which had ruled international trade since the defeat of Napoleon. That British domination of trade hit a serious bump on September 21, 1931 when Britain went off the gold standard. That depressed liquidity and sent the entire world even deeper into Depression. The US dollar did not formally replace the pound in trade until 1944.

The problem in the West is that we have debt based currencies and fractional reserve banking which sets us up for a fall. Under our system a Banker can charge you interest on money he created out of nothing even if we were on a gold standard. The money he lends you is in a checking account deposit he created out of nothing. Everyone in the country actually should share in the interest received for the loan because the Banker was allowed to inflate their currency which devalued their purchasing power. It was their loss but the Banker gets all of the gain.

The other problem with fractional reserve banking is that all that debt money leads to a Boom which attracts a lot of investments into the wrong part of the economy in the Boom phase. Booms are created when Banks loan out ten times as much as they receive in deposits. Busts are equally hard on the way down. When the Bank forecloses on a $100,000 loan, they have to call in a million dollars in loans. That contracts the Money Supply which really does serious harm. In the Great Depression Americans did die from starvation. The US had a Depression in the 19th century which lasted longer than the Great Depression. It was called the Great Contraction.

The seeds of the dollar’s destruction were sown in Wall Street’s post war plans. The Bankers did not trust the Americans so they flooded the US with Jewish refugees and then with legal and illegal aliens from everywhere. This population surge and division made resistance for Americans more difficult. But it also required Americans for the first time to begin importing raw materials to meet the needs of the added population.

The Petrodollar was a necessity because currencies depend upon supply and demand to set their value. The US was increasing the Supply of dollars to pay for wars and for the occupation of foreign lands. And also for unlimited population growth due to legal and illegal immigration forcing the US to become a net importer of many raw materials. This put downward pressure on wages as it pushed prices higher. Instead of correcting these problems politicians printed more dollars. The Petrodollar meant that people overseas could buy oil with the dollars they earned selling raw materials, cars, electronics, clothes and a lot of other things to America. The Gulf States agreed to accept dollars which they used to buy US Treasury bonds. This solved two problems. The Arabs covered America’s budget deficit. And the problem of the US perpetual trade deficit at least appeared to be solved.

In exchange the US promised to keep the Mad Dog of the Mideast, Israel, on a short leash. The US did go after Libya and Iraq because they refused to sell dollars for oil. They wanted euros and gold. But the US also attacked Iraq in 2003 because Israel had demanded that they go down for their support of the Palestinians. And Syria had to be attacked by ISIS, Al Qaeda, Al Nusra and those fun loving cannibals at the FSA because Israel wanted Obama to take down the main allies of Lebanon. Hezbollah had defeated them in the 2006 Lebanon war. And if Syria were taken down, Israel hopes America could go to war with Iran and maybe their allies in Russia and China. World War III might kill a lot of Americans but who in the Israeli government cares. God made so many Americans.

The United States has failed to keep up its end of the Petrodollar agreement to protect Muslims from the crazies in Israel. Time ran out on that deal. Besides the dollar is about to collapse. A lot of multi-billionaire investors including George Soros are betting on a stock market collapse. There is no reason for the economy in America to be where it is except that Bretton Woods gave the US the right to print the international reserve currency meaning we could export inflation all over the world. Hard working miners in Africa, Poland and Latin America have been tricked into working for free by paying for their labors in I Owe You Nothing Federal Reserve Notes. And retired workers all over the world whose pensions funds were invested in dollars could face starvation unless their fund managers dump dollars very, very soon.

The BRICS nations have allies who are working with them to undo the dollar as the international reserve currency. One of those allies is NATO member Turkey which has observer status with the Shanghai Cooperation Organization, the Russo-Chinese alliance. Iran is a member of the SCO. China elevated Iran’s rank and singled them out as a key ally. That message has not been well received in either Israel or in Washington which is owned by the Jewish Lobby. Turkey has been a traditional lead player in gold backed trading in the region. Their Bankers are on board with the BRICS alliance against the dollar.

The question is: where does Germany go and when? Angela Merkel might even retire rather than go into a coalition after their September 22nd elections. There are quite a few people in Germany angry that the US stole their gold. Germany is currently locked into the European Union and the euro. Germans are a very productive people. Supply and demand would make their Deutschmark very valuable if they had one. A high priced currency does make imports cheap but it also makes exports expensive.

Having Germany, Finland and the Netherlands in the EU is about all that makes their trade cartel worth joining and their currency, the euro, worth anything at all. People want things Germany makes. They can afford to buy them because southern Europe is a basket case supported by the euro. The perpetual deficit regimes in the south lower the value of the euro. This depressed euro enables German businesses to sell more overseas. But the down side is that Germany is called to bail out very ungrateful people. And the Germans have about reached the limit of their ability to bail out everyone on the planet. The Germans owe the Americans nothing after they stole their gold and defrauded the world with their Paper Ponzi schemes.

Dr Willie sees this German issue coming to a head over banking. The banks of Europe are in worse shape than Americans think. And in turn America is in far worse shape than Europeans understand. I saw a German journalist interview an Englishman who used to be the chief correspondent for his paper in America. He is currently his paper’s senior business editor. Neither man had a clue as to how bad things are in the US. Dr Willie said the Germans might let one of their major banks collapse without bailing them out. Deutsche Bank is one of the world’s largest. In recent years they have had Jewish CEOs. Dr Willie said if that bank went under that the French banks would go and that the southern European banks would follow. London and US banks would fall soon afterwards. We are talking about hundreds of trillions of dollars in losses if you count Credit Default Swaps.

So what happens after a major European bank collapses? No more subsidies to the Americans. Too expensive. Tens of millions of Europeans will want food and will refuse to send more of their money to the corrupt regime that destroyed their banking system. It was a J P Morgan employee Blythe Masters who invented Credit Default Swaps and made this mountain of Unpayable Debt possible. Dr Willie sees Germany going for a trade deal with Russia and accepting their gold backed ruble. Germany will probably take Austria and maybe even the Netherlands and Finland with them. Russia seems unlikely to invade Finland as Joe Stalin did many decades ago.

So when does this happen? I think very early in 2015. That is when Obamacare exemptions expire. And it is when Group health insurance plans are subjected to higher premiums and deductibles. Zero Hedge had a few articles of late that could explain to people overseas and in Washington how bad things are in America. 53 million Americans are temps, independent contractors and part timers. 30.7 million Americans are federal, state and local government workers. 92.3 million Americans of working age are not in the labor market at all. Stay At Home Moms started going out of style in the 1970s when inflation and declining wages first began to take their toll. As previously mentioned, many billionaire investors like George Soros are betting on a massive drop in the stock market. The Central Banks have been caught buying stock index futures to drive the markets higher and to keep small investors in the market.

That American Express train is headed to a Brick Wall. Russia and China will, along with the other BRICS nations and their allies, be offering the Germans, the Saudis and the rest of the world a safe exit from an otherwise fatal crash. Unfortunately, there is no exit for the US, Great Britain and the other Europeans apart from those who take the Russo-Chinese lifeline. That is unless the US military which has been preparing for martial law for at least two decades were to intervene and to begin arresting Bankers and seizing their assets. At some point, the US military will realize with certainty that Nationwide Food Riots will be breaking out in the very near future unless they lead the revolt against Wall Street.


| Gramercy Images |

Written by testudoetlepus

September 11th, 2014 at 3:23 pm

Busybody Nation

without comments

by James Howard Kunstler

If anyone above a kindergarten pay-grade has figured out America’s vital interest in the Ukraine, it has not been reported — or even leaked from the foundering vessel that is the US State Department. In fact, when you consider the results, it’s hard to understand the rationale behind any recent US foreign policy endeavor. Mr. Putin of Russia summed it up last week, saying, “Anything the US touches turns to Libya or Iraq.” Vlad has a point there, and what he left off the list, of course, was Ukraine, which entered the zone of failing states a few months ago when the US lubricated the overthrow of its previously-elected government.

What complicates things is that Ukraine is right next door to Russia. For many years it was even part of the same nation as Russia. Russia has a lot of hard assets in Ukraine: pipelines, factories, port facilities. Because they were recently part of the same nation, a lot of Russian-speaking people live in the eastern part of Ukraine bordering Russia. The casual observer from Mars might easily discern that Russia has a range of real interests in Ukraine. Especially if the central government of Ukraine can’t control its own economic affairs.

The US claims to have interests in Afghanistan, Iraq, Syria, and Libya. These nations are respectively 11,925, 11,129, 10,745, and 10,072, miles away from America — not exactly neighbors of ours. All of them, one way or another, and partly due to our exertions, are checking into the homeless shelter of failed statedom. Afghanistan was, shall we say, a special case, since it was being used thirteen years ago explicitly as a “base” (al Qaeda) for launching attacks on US soil. But that was then. No other war or “war” in US history has lasted as long. And it remains unclear whether our presence there yet today is a “nation-building” project or a mere occupation, in the absence of some better idea of what to do.

President Obama has made noises about pulling US troops out of Afghanistan, but we’re still there. How is the nation-building project working out? With Mr. Osama bin Laden dead and in his watery grave, and the Islamic extremist action moved to other venues, how significant is Afghanistan’s role as a strategic base for Jihad?

How many educated, media-marinated professors in their Ivy League turrets can explain in one paragraph what the necessity of overthrowing Muammar Gaddafi was, exactly? Anyone remember? I suppose, like many actions in history, it just seemed like a good idea at the time. If the idea was to keep the oil and gas flowing to western nations — i.e. the “Carter Doctrine” —well, excuse me while I cough into my sleeve. Production is about one-eighth what it was before Mr. Gaddafi exited the scene. That really worked.

Then, of course, there is ISIS (or the Islamic State or the Caliphate), the most visible outcome of a decade of US foreign policy endeavors in Iraq and Syria. Good show, ladies and gentlemen! You have managed to give the world a political movement arguably more barbaric than even the Nazis. On Sunday, The New York Times stood back in breathless admiration for the accomplishments and skills of that organization in the headline: ISIS Displaying a Deft Command of Varied Media. Like a mad scientist in thrall to his own creation, the Times appears dazzled by the political Frankenstein monster we have loosed upon the world.

Considering all the current mayhem in the Middle East, and the potential for deadly mischief from it spreading even into the US and western Europe, do we really have any business hassling Putin and Russia about its feckless, floundering next-door-neighbor, Ukraine? In fact, is any other nation in a better position to prevent Ukraine from descending into full-blown failure? Why don’t we just shut up and mind our own business?


Busybody Nation

[James Howard Kunstler]

| Gramercy Images |

Written by testudoetlepus

September 10th, 2014 at 4:29 pm

Warning to the World: Washington and Its NATO & EU Vassals Are Insane

without comments

by Paul Craig Roberts

Herbert E. Meyer, a nutcase who was a special assistant to the CIA director for a period during the Reagan administration, has penned an article calling for Russian President Putin’s assassination. If we have “ to get him out of the Kremlin feet-first with a bullet hole in the back of his head, that would be okay with us.”

As the crazed Meyer illiustrates, the insanity that Washington has released upon the world knows no restraint. Jose Manual Barroso, installed as Washington’s puppet as European Commission President, misrepresented his recent confidential telephone conversation with Russia’s President Putin by telling the media that Putin issued a threat: “If I want to, I can take Kiev in two weeks.”

Clearly, Putin did not issue a threat. A threat would be inconsistent with Putin’s entire unprovocative approach to the strategic threat that Washington and its NATO puppets have brought to Russia in Ukraine. Russia’s permanent representative to the EU, Vladimir Chizhov, said that if Barroso’s lie stands, Russia will make public the full recording of the conversation

Anyone familiar with the disparity between the Ukrainian and Russian militaries knows full well that it would take the Russian military 14 hours, not 14 days, to take all of Ukraine. Just remember what happened to the American and Israeli trained and equipped Georgian Army when Washington set its stupid Georgian puppets on South Ossetia. The American and Israeli trained and equipped Georgian army collapsed under Russian counterattack in 5 hours.

The lie that Washington’s puppet Barroso told was not worthy of a serious person. But where in Europe is there a serious person in power? Nowhere. The few serious people are all out of power. Consider the NATO Secretary General, Anders Rasmussen. He was a prime minister of Denmark who saw he could rise beyond Denmark by serving as Washington’s puppet. As prime minister he strongly supported Washington’s illegal invasion of Iraq, declaring that “we know that Saddam Hussein has weapons of mass destruction.” Of course, the fool didn’t know any such thing, and why would it matter if Iraq did have such weapons. Many countries have weapons of mass destruction.

According to the rule that anyone who serves Washington is elevated, the cipher Rasmussen was elevated.

The problem with elevating unprincipled fools is that they risk the world for their career. Rasmussen has now put the entirety of Eastern and Western Europe at risk of annihilation. Rasmussen has announced the creation of a blitzkrieg spearhead force capable of blitzkrieg attack on Russia. What Washington’s puppet calls “the Readiness Action Plan” is justified as a response to “Russia’s aggressive behavior in Ukraine.”

Rasmussen’s “lightening spearhead force” would be instantly wiped out along with every European capital. What kind of idiot provokes a nuclear superpower in this way?

Rasmussen asserts “Russia’s aggressive behavior” but has no evidence of it. Russia has stood on the sidelines while Washington’s puppet government in Kiev has shelled and bombed civilian housing, hospitals, schools and issued a constant stream of lies against Russia. Russia denied the requests of the now independent eastern and southern provinces of Ukraine, former Russian territories, to be reunited with Russia. As readers know, I regard Putin’s decision as a mistake, but events might prove me wrong and that is OK with me. For now, the fact is that every act of aggressive behavior is the result of the US and EU support of the Kiev nazis. It is the Ukrainian nazi militias that are attacking civilians in the former Russian territories of eastern and southern Ukraine. A number of regular Ukrainian military units have defected to the independent republics.

Yes, nazis. Western Ukraine is the home of the Ukrainian SS division that fought for Hitler. Today the militias organized by the Right Sector and other right-wing political organizations wear the nazi insignia of the Ukrainian SS divisions. These are the people that Washington and the EU support. If the Ukrainian nazis could win against Russia, which they cannot, they would turn on the stupid West, just as has the Washington-funded ISIS that the dumbshits in Washington unleashed on Libya and Syria. Now ISIS is remaking the Middle East, and Washington appears helpless.

William Binney, a former high level official in the US National Security Agency, along with colleagues from the CIA and military intelligence services, have written to German chancellor Merkel advising her to beware of Obama’s lies at the upcoming NATO summit in Wales. The US intelligence officials advise Merkel to remember Iraq’s “weapons of mass destruction” and don’t again be deceived, this time into conflict with Russia.

The question is: who does Merkel represent? Washington or Germany? So far Merkel has represented Washington, not German business interests, not the German people, and not Germany’s interests as a country. Here is a protest in Dresden where a crowd prevents Merkel’s speech with shouts of “kriegstreiber” (warmonger), “liar, liar,” and “no war with Russia.”

My Ph.D. dissertation chairman, who became a high Pentagon official assigned to wind down the Vietnam war, in answer to my question about how Washington gets Europeans to always do what Washington wants replied: “Money, we give them money.” “Foreign aid?” I asked. “No, we give the European political leaders bagfuls of money. They are for sale, We bought them. They report to us.” Perhaps this explains Tony Blair’s $50 million fortune one year out of office.

The Western media, the largest whorehouse on earth, is desperate for war. The editorial board of the Washington Post, now a trophy newspaper in the hands of’s billionaire owner, ran an editorial on August 31 that projected all of Washington’s (and the Post’s) lies upon Putin.’s owner might know how to market products on the Internet, but he is hopeless when it comes to running a newspaper. His editors at the Washington Post have made his trophy a worldwide laughing stock.

Here are the mindless accusations against Putin from the idiots that the billionaire put in charge of his trophy newspaper:

Putin, bitterly resentful at the loss of power from the Soviet collapse, has “resurrected the tyranny of the Big Lie” in order to reconstitute the Russian Empire.

“Russian sponsored militias in Ukraine” are responsible for the “shoot-down of the Malaysian airliner in July.” The “Russian state-controlled media” lied and misrepresented to the Russian people the party responsible for downing the airliner.

“In the absence of independent and free reporting, few Russians realize that Russian soldiers and armaments are in action in eastern Ukraine, albeit (as in Crimea) in uniforms and vehicles stripped of their identifying insignia and license plates. With no free media, Russians are left to fend for themselves against a firestorm of falsehoods.”

“Mr. Putin’s Big Lie shows why it is important to support a free press where it still exists and outlets like Radio Free Europe that bring the truth to people who need it.”

As a former Wall Street Journal editor, I can say with complete confidence that such extraordinary propaganda posing as an editorial would have resulted in the immediate firing of all concerned. In my days on the Congressional staff, the Washington Post was regarded as a CIA asset. Today the Post has sunk far below this status.

I have seen much media propaganda in my day, but this Washington Post editorial takes the cake. The editorial shows that either the editorial writers are completely ignorant or they are completely corrupt and also assume that their readers are completely ignorant. If Russian military units were in action in eastern Ukraine, the situation would be precisely as Alexander Zakharchenko and Dmitry Orlov describe. Ukraine would no longer exist. Ukraine would again be part of Russia where it was for centuries prior to Washington taking advantage of the Soviet collapse to tear Ukraine away from Russia.

The question before us is: how long will Russia’s patience last with the West’s enormous lies and provocations? No matter how restrained Russia is, Russia is accused of the worst. Therefore, Russia might as well inflict the worst.

At what point will the Russian government decide that Washington’s mendacity, and that of its European puppets and corrupt Western media, render hopeless Russia’s efforts to resolve the situation with diplomacy and unprovocative behavior? As Russia is constantly accused falsely of invading Ukraine, when will the Russian government decide that as Western propaganda has established that Russia has invaded Ukraine and has imposed sanctions and new military bases on Russia’s borders because of the alleged invasion, Russia might as well go ahead and rid themselves of the problem Washington has brought to Russia and invade Ukraine?

There is nothing that NATO could do about it if Russia decides that Ukraine in Washington’s hands is too much of a strategic threat to Russia and reincorporates Ukraine again into Russia where it has resided for centuries. Any NATO force sent would be instantly wiped out. The German population, remembering the consequences of war with Russia, would overthrow Washington’s puppet government. NATO and the EU would collapse as Germany departed the absurd construct that serves Washington’s interest at the expense of Europe.

Once this happens, the world will have peace. But not until.

For those who care to understand how the land of lies works, Washington’s puppet government in Kiev attributes the defeat of its military forces by the Donetsk Republic to the presence in the Donetsk army of Russian military units. This is the propaganda that has gone out to western Ukraine and to the presstitute western media, a collection of whores that echo the propaganda without any investigation whatsoever. However, Kiev has a different story for the IMF. Kiev cannot receive IMF money with which to pay off its Western creditors if Ukraine is at war. Therefore, Ukraine tells the IMF the opposite story: Russia has not attacked Ukraine.

The Western media remains uninterested in any facts. Just the lies. Only the lies.

The Washington Post, the New York Times, CNN, Fox “news,” Die Welt, the French press, the British press all plead: “please Washington give us more sensational lies that we can trumpet. Our circulation needs it. Who cares about war and the human race if only we can regain financial stability.”

Justin Raimondo warns that Washington is planting the seeds of World War III:


Paul Craig Roberts: Warning to the World: Washington and its NATO & EU Vassals are Insane

| Gramercy Images |

Written by testudoetlepus

September 10th, 2014 at 3:55 pm

The Morning After: What Happens When A Government Destroys Its Currency

without comments


“Everyone in the country was in shock. People’s net worth had devalued more than 53% overnight.” Looking back, it was so obvious. But most people ignored the warning signs following the government’s reassurances that all would be well… It’s human nature to want to believe that everything is going to be OK. Are we so different today? Looking back, it’s all going to seem so obvious. If a major, global currency crisis hits within the next 12-months, people will think, “How did I not see that coming?” Unfortunately by then it will be too late.

by Simon Black, Sovereign Man:

Imagine this scene:

“Everyone in the country was in shock. People’s net worth had devalued more than 53% overnight.”

“The value in savings accounts dropped in half and neither merchants nor consumers knew how to react because they had never been through something like it before…”

This is how an American business executive described living through Mexico’s devaluation of the peso exactly 38 years ago on September 1, 1976.

Looking back, it was so obvious.

Mexico had a mounting debt, destructive policies, and a woefully unsustainable fixed exchange rate with the US dollar. All the writing was on the wall.

But most people ignored the warning signs and kept their money in pesos.

Mexican President Luis Echevarria even went out on the radio to reassure people that the currency was safe.

Finally, under intense fiscal pressure, the government reached its breaking point. And on August 31, 1976, they made the decision to devalue the peso.

People woke up the next morning on September 1st to a 50%+ decline.

Coincidentally, today is also the 75th anniversary of the Nazi invasion of Poland, the event that ultimately dragged the world into war.

Germany had already invaded Austria and Czechoslovakia in the months before.

By May 1939 Hitler had stated very plainly, “the decision remains to attack Poland at the first opportunity.”

Even a week before the invasion, Hitler told his military commanders, “I have prepared . . . my ‘Death’s Head’ formations with orders to kill without pity or mercy all men, women, and children of Polish descent or language.”

Germany had 60 divisions massed on the Polish border ready to invade.

Yet people in Poland were told to keep calm, remain in place, and have confidence in their leaders.

Finally, on August 30, the Polish government ordered a partial mobilization to meet the German threat.

Needless to say, it was too little, too late. Germany invaded only hours later.

This is a familiar story that repeats across history. Despite obvious warning signs, people almost universally allow themselves to ignore reality.

It’s human nature to want to believe that everything is going to be OK. And when our political leaders whisper soothing words of hope and optimism, we take the bait.

Looking back, it was plain as day that Mexico was going to devalue the peso. Everything about the economy and currency was totally unsustainable. Deep down people knew it.

Similarly, it was plain as day that Hitler was going to decimate Poland. And people knew it.

Yet millions allowed their confidence to be misplaced in leaders who assured them that everything was OK.

Are we so different today?

The raw numbers tell us that most banks in Europe are insolvent. Bank in the US are dangerously illiquid.

Most western governments are bankrupt. Pension and social security funds are insolvent.

Financial markets are at precarious valuations. And the dollar is beginning to unravel as the dominant reserve currency.

These are data-driven assertions. And my guess is, deep down, your instincts are also telling you that something is seriously wrong with the system.

Yet we’re all told to keep calm by our leaders. There’s nothing to see here, nothing to worry about.

Looking back, it’s all going to seem so obvious. If a major, global currency crisis hits within the next 12-months, people will think, “duh, how did I not see that coming?”

Unfortunately by then it will be too late.

It takes only a little foresight and planning to insulate yourself from an event that can have disastrous consequences.

If you knew the Mexican peso was at an unsustainable level, why would anyone continue to hold pesos?

Similarly, if all the objective data suggests that the dollar is in store for an epic decline… and that the entire world is on a path to shift away from the dollar, why in the world would any rational person base his entire life savings in dollars?

It takes little effort to actually do something about it. Hold stronger currencies overseas. Own real assets. Move your retirement account abroad where your bankrupt government can’t steal it.

These are common sense steps, just like putting on a seatbelt when you get into a car.

The time to act is now. Why play Russian roulette when the odds are clearly in favor of the house?

Don’t try to time it. Nobody has a crystal ball. It’s irrelevant whether the trend unfolds over weeks, months, or years. It’s pretty clear where this is all headed.


The Morning After: What Happens When A Government Destroys Its Currency

| Gramercy Images |

Written by testudoetlepus

September 10th, 2014 at 3:38 pm

The Petrodollar is Collapsing

without comments


The collapse of the Petro-dollar global reserve currency has presented one of the biggest opportunities in recent memory.  There is still time to position yourself to profit from the collapse of the petro-dollar- rather than have your wealth obliterated.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

| Download |


The Petrodollar is Collapsing, and it’s one of the Biggest Opportunities in the World Right Now…


| Gramercy Images |

Written by testudoetlepus

September 9th, 2014 at 2:16 pm

Financial System Upside Down

without comments

by Greg Hunter

Financial analyst and writer Bill Holter thinks the powers that be know how shaky the system is and will play the blame game for the coming crash. Holter contends, “I believe that they know the financial system is upside down and there is no bringing it back, so they do need to have something to point at. It could be a war with Russia. We are trying as hard as we can to create a war, and it looks like Russia; and Mr. Putin is trying as hard as he can not to have a war. There could be any number of things to point at. It could be the Ebola virus outbreak. It could be the Saudi Arabians accepting euros, gold, yuan and it could be anything. There are dozens of topics.” Holter goes on to say, “Truth is the first casualty of all wars. So, we are getting bad information from our press, and we are getting bad information from the Russian press. When a war starts, you will never get the truth.”

On the U.S. dollar, Holter says, “It’s a 100% confidence game. The dollar is based on the full faith and credit of the U.S. . . . We know from a credit standpoint we are over 100% of debt to GDP. So, there is the credit part of it. Faith is whether your word is good or not. Our allies don’t know whether we are going to back them up, and our enemies don’t know if we are going to do what we say we are going to do, or not do what we say we are going to do.”

On recent terror warnings from the Saudi Arabia that there might attack on an EU or US city, Holter, once again, says, “Would that be something to point at? If the City of London had a dirty bomb go off or Chicago or New York, that would cripple the financial system within a day or maybe even less. Banks wouldn’t open. What about the news of Russians hacking our big banks all last week? Is that something you can point at? If all of a sudden we woke up one day and if there were hundreds of billions of dollars in digital credit gone, what would that do? Banks wouldn’t open, and it would be something to point at. . . . They know that it’s upside down, and they need something to point at and say our policies were working. Our policies would have worked if it weren’t for such and such, whether it be war, or an attack on a major financial city or the Ebola virus. You name it.”

So, what happens to people’s wealth after the coming crash? Holter says, “I believe that many things that are real will be revalued many multiples higher. Silver and gold I see being revalued eight to ten times higher or more if we have a closure of the banking system and the stock market, a reset so to speak. You are going to be stuck until everything reopens. There have been bail-ins discussed. In a bail-in, let’s say you have $200,000 in your bank account. You would wake up Monday morning and it may only be $50,000. In Cyprus, the depositors lost 87% of their funds from the time the banks closed to the time they re-opened. You also have to worry about these brokerage houses where you are carrying a margin account and they have lent your certificates out, and all of a sudden, the system closes. Where’s your certificate? Who owns it? What if your brokerage company goes out of business? It may be five years or more to get your paper certificate back.”

How likely is a crash in the financial system? Holter thinks, “From a probability standpoint, whether it’s tomorrow morning or next week, or next month, or next year, mathematically, ask yourself this question: Is the U.S. broke? The answer is yes, the U.S. is broke. There is no way the U.S. can pay the promises, the interest and etcetera on everything that is out there. I’ve seen a number of $240 trillion in total promises and debt. There is no way that can be paid. So, from a mathematical standpoint, sooner or later, there is going to be an all-out collapse. That is a mathematical equation. It is no longer if, it is only a question of when.”

Join Greg Hunter as he goes One-on-One with gold and silver expert Bill Holter of Miles Franklin.

After the Interview:

Bill Holter says there is a “high likelihood” that a real or false flag terror attack will cause the next financial crisis. Holter thinks an upcoming attack will involve some sort of nuclear device which could be a suitcase nuke. Holter is a prolific writer at If you would like to check out one of the four original articles he writes each week, please click here for Holter’s archives.


Greg Hunter]

| Gramercy Images |

Written by testudoetlepus

September 9th, 2014 at 1:50 pm

Jim Willie: NATO Dead, King Dollar Wrecked

without comments


The USDollar Is Under Siege Despite Its Rising Exchange Rate. A Global Paradigm Shift Is Underway. The Ukraine War Has Brought About A Heightened Urgency. Europe Must Make A Decision To Preserve Its Economy, Or To Support The USD. The European Nations Will Work To Install The Gold Standard, And Thus Will Preserve Their Economies and Industry And Jobs. Special Forces Professional Troops From Germany, France, Netherlands, And England Are Fighting Against Nato Forces In Ukraine. Easy Conclusion: Nato Is Dead. The Fascist Axis Is Being Exposed, Coming Into Full View. Defense Of The USD via War Is Becoming Very Well Understood. The Petro-Dollar Is Dying, As Both The Saudis And Russia Will Work Without The Usd Core In Payments. Germans Are Fed Up With American Strongarm Tactics, As Confrontations Are Occurring. The Anti-Usdollar Movement Has Gone Global, As All Nations Pursue Brics Associate Status. Gold, Bonds, And Banks Are The Extreme Weak Links. The US Will Succeed In Imposing Sanctions Against The Majority Of Nations, And Thus Win Extreme Isolation. The New Axis Of Russia, China, Germany Is Emerging Which Will Promote The Return To Gold Standard

The Paradigm Shift has reached a higher gear. The danger and risk levels have gone to critical levels. The risk of economic destruction has gone into recognizable critical levels. The source of the problem has become more easily identified. The typical tactics not only do not work, but expose the bully, the warmonger, the hegemony advocate, the wizard of violence, the imposer of self-serving rules, the crime syndicate bosses, the masters of espionage, the man with killer drone toys. The USDollar is defended by war, market interference (see LIBOR, FOREX, debt ratings), accounting rules gimmicks, rigged detonation of banking systems, pointed assassinations for heads of state, even fabricated natural events (see HAARP in Philippines). The entire system is supported by Zero Interest Rate Policy (ZIRP) which distorts asset values and discourages savings. The misallocation of resources matches the wet blanket effect (see Money Velocity shutdown). The entire system is supported by Quantitative Easing (QE) which has monetized the USGovt bond market, the US property market, the US stock market, and soon possibly the US municipal bond market. The capital destruction is rampant, severe, and entering vicious feedback loops. The entire financial and economic system was held together in 2013 by cables and ropes in grand lashing style. The entire financial and economic system is now held together in 2014 by strings and howitzers, not to mention the endless sanctions and destructive rules, even punitive bank fines. The United States seeks to remain Lord of the Flies, its domain extended over a wrecked European continent.

The main question is whether Europe will sign on to make a perverse corporatist trade union with a sinking millstone.The United States seeks to pursue the Western totalitarian state by means of pulling down the European Economy, from the broken system to emerge the reconstruction of oppressive fascism. A wrecked Western Economy is pre-requisite. The small ray of light slips through, as the Fascist Business Model has a crack in it. Usually the big powerful corporations support the government fascist dictums. However, Exxon Mobil, Dutch Shell, British Petroleum, and Boeing stand in opposition to sanctions against Russia. The game is fast changing. The Emperor’s court is showing critical internal defections. The bigger ray of light comes from Germany, which shows important signs of refusal to permit its economic destruction in order to suit the elite plans of a grander fascist state. The Germans have suffered hyper inflation before, and will not again. The Germans have suffered a national calamity from an integrated fascist state, and will not again. It is becoming excruciatingly clear that the Global Axis of Fascism is the US, UK, and its leash holder in the SouthEast Mediterranean. The entire global system has reached the critical phase. The breakdown phase is accelerating.

Recent events point to two important phenomena having occurred. NATO is undermined. The USDollar military plank is being opposed by its own US allies. This is unprecedented. The Jackass pays almost no attention to the COMEX gold price, the FOREX currency exchange rates, or the USTreasury Bond yields, all controlled corrupted and incontrovertibly wrong-footed. The entire Ukraine War has subjected Europe to severe economic damage. It will not stand. The Russian sanctions have an obvious whiplash of severe impact to the US and Europe. The whiplash impact to the US is to expose the USDollar as a corrupted cancerous currency, for which coerced war and economic suicide are the high cost of continued support. The effect is to force structural change. The whiplash impact to Europe is to cause sudden crippling economic effects, industrial output decline, job cuts, and severed business ties with a longstanding neighbor and partner. The effect is to force structural change. Witness Paradigm Shift on a global scale, the isolated party being the United States. Their NWO armbands fit side by side with the nazi symbols so easily recognized. The big victim is the King Dollar, which has been knocked off its throne. It might have been decapitated, but it surely has been wrecked. Its dying breath is venomous. Its last will is a testament to fascism and destruction, not equitable trade and fair commerce. Its last words are ugly lies.


The irony is unusually thick, but hardly noticed by the masses, as the US marches to marxist fascism. The Europeans resist fascism and isolation. The Russians seek commerce, partnerships, and constructive engagement. The Chinese seek trade and commerce, while opening gates for a sort of colonization. The British seeks a new fence on which to sit, and possibly continue to capture the finance trade (while Frankfurt cleans up in the new great RMB Hub game). The entire British Commonwealth of nations kowtows to the American self-proclaimed global lords and rule makers. Witness the friction to prevent Eurasia from forming, as the insolvent Oceania fades in power, importance, and integrity. Orwell just winked.


The motives for the Ukraine War are murky. Clearly to the cynic with a watchful eye on fascism spread, the motive seems to be designed to cut off Russian Gazprom influence, even to halt its conversion of Europe to an energy vassal client. The US-EU intentions seem to be scorched earth with a genocide twist, stirred by asset thefts (see Kiev Central Bank raid). The Ukraine situation has changed the entire game, put Europe on alert, and set traps left and right. The Europeans can no longer sit quietly and follow American Fascist orders. The Europeans are forced to take action, to choose sides. The US should never force its allies to choose sides, since the US camp is so detrimental and deeply damaging. Joining the US camp means injecting cancer in finance, undermining capital in industry, and enlisting war for its destruction.


The big new twist which took the Jackass out of his chair was the professional hardened soldiers who have joined the Ukraine Liberation Movement (or whatever it is called), taking up positions against the NATO troops, against the Langley-Soros mercenaries. They are fighting against the Ukraine Regime in Kiev, against the fascists. These professional volunteer soldiers have captured some American Blackwater mercenaries, and are conducting interrogations. Later come the perp walks and criminal parades with photo ops. For these special forces from Germany, France, Netherlands, and Britain to show such extreme defiance is testimony to the broken nature of NATO. The North Atlantic Treaty Organization in my opinion is dead, as in dead kaput dead. The United States violated the treaty long ago in two key ways. The US placed ballistic missiles on the Russian borders, calling them defensive. The US has used NATO bases to distribute heroin for over 20 years, with the last ten years being accelerated from the Afghan source. Since the USMilitary invasion of Afghanistan, at the time under the stated purpose of building a Chevron oil pipeline in a land without oil resources, the heroin production has risen 14-fold. But the Jackass digresses.NATO is dead, and the big new questions are whether Germany will tolerate USMilitary soldiers in occupation of its land at Ramstein AFBase, and whether Germany will permit further usage of the NATO base to distribute heroin to its population. Broken treaties are not new for the USGovt, which for two centuries has broken them at will, whenever it serves a greater purpose, like to manifest destiny. Atrocities and genocide are part of the American fabric at its highest offices.


The basis of fascism, that seedy vile merger of state with corporation, is being more clearly seen as having its firm footing in the United States, the United Kingdom, and Israel. One should never leave out the Holy See of Rome in such identifications. The control rooms are more visible. The perpetrators of violence, terrorism, and false flag attacks (a fascist specialty for decades) have been enduring the spotlight in recent years, especially recent months. The string of executive decrees in the USGovt house with white paint testify to fascism emerging like a Washington Wailing Wall pasted with documents in pinups, not prayers. The USGovt reserves the right to kill any citizen, to arrest any citizen, to seize any citizen assets, to force any citizen into labor without pay, to obstruct citizen meetings, and to confiscate citizen firearms. Such is fascism in full glory. The Patriot Act (hardly patriotic) was a Fascist Manifesto which was imposed next to the formation of the American Gestapo. The British share the same fascist tendencies, the list long in unison. Tel Aviv struggles in the open with such fascist confronations. By the way, the huge off-shore oil discovery preceded the Gaza violence, and Hamas has been benefiting from Langley supply routes since they were exposed in Egypt, the brotherhood being the link.


The major wild card coming into view is detailed evidence on the inside job of 911 at both the World Trade Center and the Pentagon. The Jackass chooses to cite this factor in passing. Let the Snowden Files and Veterans Today state the case, after the battle was waged by AE1000 and Architects & Engineers For Truth. Imagine inside the United States that people pursuing truth are labeled as subversive, another plank in the fascist platform. The full story will come out on the US, UK, and Med Sea leash holder involvement. The biggest decisions are where to post the information. The other question is whether the US citizens will be able to comprehend the sometimes complex data, given their ignorance and refusal to open eyes. The Jackass view is that when wearing red white & blue boxer shorts, the brain does not function well. Lastly, a question: Why was no information ever disclosed on the World Trade Center acting as the site of the largest private bank in the world? The event on that fateful day was a bank heist, the largest in humankind history. The loot was $100 billion in gold bullion, $100 billion in bearer bonds, and $100 billion in diamonds. Air travel restrictions against water bottles are to prevent the movement of diamonds, as the shoe restriction is a laughable accompaniment in distraction.


During the 1990 decade, a few instances can be identified where the USDollar defense was felt with USMilitary activity. In the 1980 decade, the brief Panama War was to defend the USDollar, where their economy and banks still use the USD currency. In the early 2000 decade, examples were seen like after South Korea announced USTreasurys diversification plans. The US treated them to military exercises off their coastline. Recall SKorea is effectively an occupied nation (see USMilitary presence with 28,500 troops). In the 2000 decade, the most stark example of USDollar war defense was seen in the Iraq War. The tyrant Saddam Hussein openly boasted oil trade in Euros, and cited its advantages over a few year period. He did not expect the disadvantage of war attack, annexation, and his capture with hanging by the neck after his statue was toppled and the image of his head smacked with sandals. The Iran sanctions were founded in non-USD usage in their energy trade, the same Hussein crime. Thus Iran was painted by the dutiful Israelis as a nuclear threat. That card has been played way too often. Tehran still lacks both adequate nuclear material and missile delivery systems. No need to be factual, when propaganda is the name of the CFR game. The attack on Cyprus was not really about insolvent banks and Bank Bail-in models being arranged. The Cyprus operation was to cut off Russian usage of their banks as a window to the West for their banking system. The Cyprus operation was to cut off Russian usage of their banks in conversion of USTBonds to Gold bullion. The Cyprus operation was to cut off Gazprom at the pass, and to provide a prelude of the upcoming Ukraine War.No mask can cover the fact that the Ukraine War is to protect the USDollar, to ensure Europe is kept within the USD Corral, to prevent Europe from sitting at the Gold Standard table. The only trouble is that the Kiev Fascist Regime is going to fall very soon, and the Kiev leaders will be exposed for their Langley roots, their Soros roots, and the Mashwodd roots (which fills most ministry posts). The Europeans will not let their nations be wrecked in order to defend the violent corrupted cancerous USDollar. They will choose the Gold Standard, promoted by Russia & China. They will choose to preserve their economies and their national livelihoods.


The two leading oil producer nations Saudi Arabia and Russia will no longer exclusively trade crude oil in USDollar terms. The Saudis are slower at the draw, but obvious in their monthly lovefest conferences with Chinese officials, ministers, and heads of state, even corporate leaders. When the Saudis announce acceptance of other non-USD currency for oil payments, the game will reach a higher pitch. Last week the Russian Gazprom Neft (oil division within Gazprom Corp) announced acceptance of Chinese Yuan and Russian Rubles for crude oil sold to Europe and to China. The news was another correct Jackass forecast, made back in March & April timeframe. The game is on, as the King Dollar is being kicked to the curb, its throne broken and toppled. Too much war, too many sanctions, too many hidden violent games, too much market rigging. The Petro-Dollar is effectively dead, the funeral yet to occur. The next standard will be the Energy for Gold and Energy for Yuan (aka RMB). The name Gaso-Yuan defacto standard has been heard, an awkward moniker indeed. This important step will be the practical step toward reinstallation of the Gold Standard. The Jackass is on record stating that the global trade settlement in Chinese RMB will be soon made equivalent in Gold Trade Notes as Letters of Credit. Time will tell.


So word is coming out slowly that German caught wind in 2011 of the USGovt plan to create a scorched earth firewall in Ukraine, and to disrupt European energy supply. The German reaction was to demand its gold account repatriation, in direct response to the ugly Ukraine plan. Motive and action, in clear terms. So word is coming out that the USGovt and UKGovt pressured the German Govt to suppress the data that demonstrated how the Kiev Regime shot down the Malaysian airliner, the orders coming from the Kiev ministry offices. The outraged Germans responded with a special FU, followed by more direct indications of working with Russia & China on non-USD alternatives. The German corporate interests are at odds with the banker & political fortress. The corporate interests will prevail. The Jackass scoffs at the shallow fallacious fecal flow from Skousen who argues as if Germany is a homogeneous entity. The shallow basis of such thought is laughable. Germany is divided between the banker & politician offices they control, versus the corportate chieftains who will defy the fascists on the other side of the wall. Corporate interests will work against policies that are would render great harm to the German Economy. The Germans have already decided to endure heavy bank system damage (even derivative events), as they turn their backs on the King Dollar Throne. They will trigger a banking collapse, probably after the USGovt makes a dreadful error in prosecuting Deutsche Bank in purely hypocritical fashion.The Germans will instead defend their economy, defend their industry, and defend their laborers, as they work constructively with the BRICS nations in the non-USD alternative. That term (non-USD alternative) is the catch phrase that means Gold Standard Return, which will happen on the trade side. The banking system side will follow like from a vicious trade tug on the choker leash around the dog’s financial neck.As footnote, the Chinese Yuan full convertibility delay is just another signal that other events might be more important, like Yuan conversion to Gold bullion. When it comes to priority, the converstion to Thai Bhat, Kiwi Dollar, Colombia Peso, and Indian Rupee for the Chinese Yuan (aka RMB) takes a back seat to conversion to Gold bullion. The Shanghai Free Trade Zone will fortify its several hundred corporate and industrial connections, and deal with the convertible Yuan over time. Another higher priority is the marriage (more like living together out of wedlock) between the Russian Ruble and Chinese Yuan. They will fortify their bond with vows during the construction of energy pipelines, laying of hands over the Holy Grail, despite marital arguments along the way kept private and out of view.


The entire world is moving in the direction of firm position against the corrupted cancerous USDollar. The emerging market nations no longer wish to have their FOREX reserves undermined by QE activity that serves Wall Street with backdoor bond bailouts. The panorama of global economy players no longer wish to have their economies subjected to rising costs as a result of QE activity. The capital destruction is both predictable and palpable. In a sense the entire world is becoming BRICS Associate nations. Their cause is in common with preservation of savings and of capital structures. With each new assassination (see the Brazilian free commerce candidate murder probably done by Langley agents), the BRICS gain momentum and support. The entire world has a common set of motives to remove the King Dollar from its throne, and to install the Gold Standard for fairness, equitability, and stability. The refusal by US bankers, UK bankers, and EU bankers to liquidate the big insolvent banks after the 2008 shock wave has resulted in a grotesque wreckage of the global economy and massive destruction of capital structures. Either the pinhead economists cannot notice the capital destruction and lack of stimulus, or else they are brainwashed at the Keynes Car Wash. The reality will strike hard and fast, as the Petro-Dollar is dead and NATO is dead. Isolation comes to the United States, worse than the Jackass imagined back in 2012 when first described.


Many strong competent analysts are openly engaged in speculation as to where the ultimate systemic breakdown will occur. It is very difficult to say. The three areas of extreme vulnerability are gold market, bond market, and banking system. Take your pick for initial open bust evidence. In the Jackass opinion, as soon as any one of the three sectors experiences a mild calamity, all three will suffer a quick contagion event. To be sure, the COMEX gold arena is hardly a market. To qualify as a market, they must deliver on gold & silver futures contracts. To qualify as a market, they must contain gold in inventory, rather than in spurious data and sudden GLD/SLV raids. Notice the regrettable depletion of the Scotia Mocatta gold hoard in Satan’s service with genuflection and kissing of the blood ring. The USTreasury Bond market is held together by QE brute force (almost no valid buyers) and the Interest Rate Swap derivative (to create phony bond demand).The evidence of broken market is the Failures to Deliver in USTBonds. The financial press prefers to mention it like part of a rabid demand for the USGovt debt securities (of Third World type), a certain contradiction. The reality is that Interest Rate Swap devices create artificial demand for USTBonds, which the big US banks scurry to meet in forced purchases, thus the observed Failures to Deliver. The only problem is that not bond supply enough exist, floating about in the traded open market. So a shortage is exposed, an embarrassment to the informed who observe the IRSwap machinery. Fortunately for the USDept Treasury crime bosses, the majority of financial professionals, fund managers, and bank analysts are morons to the derivative world. The big banks are nothing but tall hollow reeds which stand as banners to a past robustness that has long ago faded away. The natural consequence to outsourcing industry is for banks to lose equity. Nowadays, the big banks are derivative casinos. They are bond carry trade arenas. They are narco money laundering houses. They are hollow pillars of corruption. They are political control centers, along with some energy firms.


A sick almost comedy is in progress. The USGovt plans to impose sanctions on any nation which intends to diversify away from USTreasury Bonds, or which intends to work toward a non-USD alternative, or which actively strives to install the Gold Standard, or which stands in the way of putting a ring fence around Russia (despite its 12 time zones, and dominant commodity supply chain). Any and every USGovt sanction initiative has backfired, blowing a hole in the chest of Uncle Sam, even blowing off his testicalia. The new Reformed Rubin Doctrine should read: if it does not work, double the volume. The original Rubin Doctrine still reads: wreck the future to win another year of status quo. No sanctions have succeeded as intended by design. All have resulted in the United States being painted as a nasty partner, identified as a warmonger, exposed for deep criminality, and seen as a fascist operator. The USGovt will succeed with a series of new sanctions in isolating the majority of world nations. In doing so, it will isolate itself. The Fascists attack their enemies, defraud their allies, protect their players, enslave their subjects, and wreck their economies, while waving the flag and intensifying controls. They wage war as a business plan, while raiding banks and stealing gold. They are the global criminal elite class. They must be ring fenced and expunged.


A climax is fast approaching. The USDollar is stuck in the implosion stage. Its many supporting structures are in simultaneous collapse. The paradox worth repeating is that the USDollar will rise and rise and rise, then vanish, as the United States must take its rightful place in the Third World. The USDollar will be rejected, the climax of its dismissal to come from the pain it causes. No nation can compete with the USDollar, as it is printed off the Weimar press by the US Federal Reserve, the oil burning, the screech audible from afar. The USGovt is left with no more options than war, since the financial front has been lost to insolvency, market interference, bond fraud, and leveraged corruption. The King Dollar has been wrecked, knocked off its throne, never to return to prestige.Emerging is the new Eastern Alliance based upon the three centers of Russia, China, and Germany. The Eurasian Trade Zone is coming into view. The SCO challenge is also becoming more visible, extending invitations to additional nations. Its original purpose of shared security and culture exchange have been made more broad. The difficult decisions must be made by Germany. It seems clear that a certain lip sevice is given by Berlin leaders to pacify and mollify the American Fascists, even the Brussels Fascists. They will continue to say the right words to WashingtonDC, Brussels, and London, while the corporate chieftains of Germany continue to spread commerce and the win/win formula to the Kremlin and Beijing. The arbiter of change must be the Bundesbank, the traditionally reliable, capable, respected manager of money. They are at odds with the despicable Draghi Euro Central Bank. The winner will be Gold & Silver, which will form the monetary basis of the BRICS alternative currency slowly taking shape. The winners will be Gold & Silver investors in bars & coins.The United States faces a liquidation in the near future, not the distant future. The US isolation will be incredibly painful, much like a viral quarantine. Its leaders seem busily importing viruses from Soros and Gates Labs in Africa. These are not investment labs or software labs. The Atlanta Center for Disease Control owns an Ebola patent, strangely, as though it might have a new improved fabricated version. Ugly times indeed. The United States will not host any RMB Hub site, and will not embrace any legitimate gold currency. What comes is the American Tragedy, a great leap from what Dreiser wrote about.




“For over five years I have been eagerly assimilating any and all free information (articles, interviews, etc) that Jim Willie puts out there. Just recently I finally took the plunge and became a paid subscriber. I regret not doing this much sooner, as my expectations were blown away with the vast amount of sourced information, analysis tied together, and logical forecasts contained in each report.”

(JosephM in South Carolina)

“Not only have I seen many of the things you talk about in the public arena come to pass, but I have seen many of the things you say repeated three months later by the other analysts. Congratulations!”

(MannyM in England)

“Jim Willie is a gift to our age who is the only clear voice sounding the alarm of the extreme financial crisis facing the Western nations. He has unique skills of unbiased analysis with synthesis of information from his valuable sources. Since 2007, he has made over 17 correct forecast calls, each at least a year ahead of time. If you read his work or listen to his interviews, you will see what has been happening, know what to expect, and know what to do.”

(Charles in New Mexico)

“A Paradigm change is occurring for sure. Your reports and analysis are historic documents, allowing future generations to have an accurate account of what and why things went wrong so badly. There is no other written account that strings things along on the timeline, as your writings do. I share them with a handful of incredibly influential people whose decisions are greatly impacted by having the information in the Jackass format. The system is coming apart on such a mega scale that it is difficult to wrap one’s head around where all this will end. But then, the universe strives for equilibrium and all will eventually balance out.”

(The Voice, a European gold trader source)

Jim Willie CB is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics. His career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Visit his free website to find articles from topflight authors at For personal questions about subscriptions, contact him at


Jim Willie: NATO Dead, King Dollar Wrecked

| Gramercy Images |

Written by testudoetlepus

September 9th, 2014 at 3:39 am

Jim Willie: Kiev Puppets Escaping Ukraine And Germany Breaking Away!

without comments


Monday, September 1, 2014

Dr. Jim Willie joins Paul Sandhu on “Wake Up and Live” radio for a very important update and immediately announces that conditions are getting extremely delicate in Europe and the Ukraine with Germany breaking away. Jim shares what he calls ‘extreme news’ as Ukraine’s military is now getting crushed with the help of highly trained mercenaries and even more notable, the Western Kiev puppets are getting out of the Ukraine as quickly as they can as Ukrainians rapidly awaken to what really happened to their country.


Paul Sandhu

| Gramercy Images |

Written by testudoetlepus

September 2nd, 2014 at 3:06 am