Why Greece is the lynchpin that could unleash economic collapse, domestic martial law and global war
(NaturalNews)
I wish I could download to your brain everything you need to know about
the European Crisis unfolding right now. The possibility of the breakup
of the European Union could be the spark that sets off the global debt implosion that leads to violent conflict across the globe.
The
actions of Greece, it turns out, could set off a chain reaction that
leads directly to a Wall Street panic and the "bail-in" seizure of your
savings accounts at your favorite hometown bank. It could also radically
destabilize Eastern Europe, heightening the risk for conflict between
Russia and Western European nations (including NATO members like the
United States).
To
understand why this is, we first need to grasp the basics of European
history. The average American, unfortunately, knows virtually nothing
about European history. But that might be asking too much, since the
average American also knows nothing about American history,
either. Fortunately, this article is written for exceptional Americans
who are far better informed than the average Joe.
Socialism keeps running out of other people's money
Greece
is bankrupt. Like all socialist states, it has "run out of other
people's money," and in this case the "other people" are primarily the
German people. Modern-day Germany is the economic miracle of Europe,
having risen out of the ashes of World War II, defeated and shamed, to
reclaim its role as the single most powerful nation in Europe. What
Germany once commanded with its military might, it now commands with its
economic miracle machine.
The
German people are smart, diligent, innovative and quality-minded. But
they've grown weary of bailing out the miserably inefficient government
spending of Greece and what they see as a "culture of incompetence and
corruption" in that nation. (Can you blame them?) When Germany demanded
Greece cut its government spending through austerity programs, the Greek
people elected a radical, inexperienced new government into power that
declared the austerity cuts to be implausible and refused to play ball
with Europe's central bankers.
Right
now, Germany and Greece are in a dangerous game of chicken, with Greece
saying it won't repay its debt obligations to European banks because
those very same central banks functioned as criminals that unfairly
exploited the Greek economy through dishonest imperialist debt schemes.
Yes, there's a long story here involving Goldman Sachs, mafia banksters
and dastardly financial ploys that crippled Greece's economic future,
but that's all too much for this short article.
A Greek exit could unravel a cascade of debt
At
stake here is the future of the European Union. If Greece pulls out -- a
scenario now called a "Grexit" -- most observers believe the European
Union will crumble soon after. To call such an outcome catastrophic is a
vast understatement. It could cause a massive global unwinding of debt-ridden nations and their banks, potentially leading to a cascading global debt collapse that would very quickly find its way to American shores.
First,
as the collapse spread like a virus across Europe, capital would flee
to the U.S., causing an unprecedented blowout skyrocketing of U.S.
stocks. Soon after, the U.S. stock market would crash hard as even U.S.
banks become insolvent due to their exposure to the cascade of European
bank failures. (All the globalist banks are fatally intertwined at this
point...)
But
this isn't even the interesting part yet: Greece is now correctly
asserting that Germany has never repaid its war debts to Greek central
banks. During the war, the Nazi regime forced the Greek banks to loan it
money (at gunpoint, the same way the CDC wants to force Americans to
take vaccine shots). These loans accrued over many decades, never being
repaid. Instead of repaying the debt, Germany's politicians have
attempted to memory hole the issue, pretending that fundamental
principles of debt and accounting don't apply wherever the political
elite say they don't. But according to this extraordinary article in Der Spiegel,
"The commission calculated the outstanding German 'debt' to the Greek
central bank and came to a total sum of $12.8 billion as of December
2014."
Germany,
in other words, owes Greece $12.8 billion on a debt dating back to the
era of Adolf Hitler. Greece is now demanding repayment of this debt as
an implied condition of it staying in the European Union. $12.8 billion
isn't pocket change. Not even for Germany. And the willingness of the
German people to keep funneling money to Greece is rapidly eroding.
Beyond
that, there's also the issue of a few hundred million dollars worth of
gold stolen by the Third Reich. As Der Spiegel reports:
Karakousis
spent five months reading 50,000 pages of original documents from the
central bank's archives. It wasn't easy reading. The study calculates
right down to the gram the amount of gold plundered from private
households, especially those of Greek Jews: 7,358.0014 kilograms of pure
gold with an equivalent value today of around [$250 million].
It
seems the Greeks want their gold back... or at least a currency
equivalent of all the gold that was stolen from them. And now this has
become an issue with huge implications for the future of the world.
Why does any of this matter, you say?
A collapse of the European Union would catastrophically destabilize all of Europe
What most Americans don't realize is that Europeans have very long memories of crimes against their people. These memories are passed down from generation to generation and can't simply be greenwashed out of the history books.
The
European Union was formed on the hope and assumption that people from
an incredibly diverse array of cultural backgrounds might forgive the
past and surrender to cultural homogenization as "Europeans." But the
hope turned out to be false. The people of Greece in 2015 still remember
the crimes of Nazi Germany from 1943, even long after they have been
officially absorbed into the European Union. And now that memory may
very well result in the shattering of the European Union itself.
If the European Union crumbles, Europe will see a wave of regional wars breaking
out over so-called "borderlands" and strategic nations like Ukraine.
The fall of the European Union, in fact, would likely embolden Russia to
be even more assertive in the Ukraine as it attempts to defend itself
from America's ever-encroaching military bases which now occupy most of
Russia's border states. (Why did Putin put his country so darn close to
all our military bases? Geesh...)
Russia,
you see, must maintain strategic control over these border states in
order to export its primary resource: energy. Germany, meanwhile, must
maintain strong economic ties with wealthy nations that can afford to
import Germany's high cost value added exports -- the backbone of the
German economy. A shattering of the European Union would destabilize
both Germany and Russia for these two reasons (exports of energy and
exports of manufactured goods), reigniting the same sort of fears and
insecurities that drove the German invasion of Russia in World War II.
That invasion was a strategic move to occupy Stalingrad not for the city
itself, but because the city was a gateway to the enormous energy and
strategic resources of Mother Russia, which Hitler needed to fuel his
thirsty war machine.
NATO and Germany are militarily weak
Today,
Germany has no military to speak of. Russia, on the other hand, is
re-emerging as a very powerful military force with considerable leverage
throughout Western Europe due to its energy pipelines. NATO, meanwhile,
exists in name only and is primarily backed by the threat of military
force from America, a nation bogged down in endless (and pointless)
military action in the Middle East.
While
America was defusing roadside bombs in Afghanistan, Russia was busy
occupying the "strategic high ground" of the North Pole, as described in this article by Dave Hodges.
This places Russia in a position where it can credibly threaten all of
Western Europe and North America with nuclear strikes (if it ever comes
to that).
Russia,
too, is populated by strong, rugged, durable people who are used to
surviving with little in the way of material goods. They can endure war
far more readily than wealthy, pampered nations like America or the UK.
As a matter of record, young Americans are now so obese that even the
U.S. military must reject almost a quarter of all applicants due to
excessive body weight.
Economic warfare will likely precede military warfare
On
the economic side, Russia has joined forces with China to erect its own
alternative to the SWIFT inter-bank money transfer system. China has
been accumulating a massive amount of gold reserves to back its
currency, while Russia has been selling off the U.S. dollar and
bypassing western sanctions in creative ways by selling energy in
exchange for physical gold.
The
dollar itself is headed for a global collapse for the simple reason
that it isn't backed by anything other than (dwindling) faith. President
Nixon removed the gold backing of the dollar in 1971, and ever since,
America has been headed toward a day of reckoning where the dollar would
eventually collapse as all fiat currencies do. Faith in the dollar is
eroding by the day as the Fed keeps printing more money, diluting the
existing money supply and silently stealing wealth from those people
foolish enough to still be holding dollars when the music stops (i.e.
all U.S. wage earners and taxpayers). Fort Knox, meanwhile, isn't filled
with gold but rather IOUs. Most of the physical gold has been quietly
but diligently accumulated by China over the last two decades.
The stage is now set for a global economic war aimed at America and the dollar hegemony
I'm
barely touching the highlights of the global dynamics at play here, but
what's really taking shape is a global economic and military war, waged
by China and Russia against the Western powers of the United States,
NATO, the European Union and Germany in particular. Greece now plays the
role of the lynchpin in all this, as its exit from the European Union
could loosen the knot that unravels the empire of debt upon which
Western nations are now based. An economic implosion leads to systemic
weakness which invites more aggressive economic warfare actions on the
part of Russia and China.
If
a combined economic action by Russia and China were to take place --
for example, China announcing a fire sale of U.S. debt while Russia cuts
off energy supplies to Western Europe -- the economic implications for
Europe and America would be beyond catastrophic. They might be terminal.
We would see the U.S. government, for example, instantly unable to sell
any new debt to foreign nations. The only option is to print more money
to finance the debt -- a form of economic suicide -- and with the loss
of the dollar's global currency reserve status, this would lead very
quickly to accelerating money debasement and price hyperinflation in
consumer goods. Think Venezuela: price controls, biometric scanning
requirements to purchase groceries. Armed guards at grocery stores. Food
shortages, street riots, etc.
It
wouldn't be long before the U.S. government would be forced to stop
funding entitlement programs such as EBT cards and pensions. This would
almost immediately lead to massive riots in the streets and the
wholesale destruction of large cities such as St. Louis and Chicago.
From here, it gets even uglier with declarations of Martial Law, the
suspension of the Bill of Rights, and the military occupation of
America's cities in order to maintain order.
The
problem with all entitlement-based Western nations (including America)
is that sooner or later you run out of other people's money. When that
day of reckoning comes, the population that has come to depend on
entitlements for day-to-day existence finds itself abandoned by the very
government that promised to take care of them. Chaos ensues.
This
all explains why Germany and the United States are desperate to prevent
the breakup of the European Union and the continued illusion of
economic stability. As Germany is now discovering to its horror, the
problem with debt is that sooner or later you have to repay it.
But all the Western governments of the world have accrued far more debt
than they can ever repay, and the collapse of the European Union would
savagely reveal those debts.
If there's one thing America, the UK and the European Union cannot handle right now, it's debt transparency.
The day the truth about debt and spending becomes widely acknowledged,
faith in the dollar collapses and the world nosedives into a tailspin.
Watch Greece carefully, for your own future depends strongly on what
happens there.
I recommend you read www.ZeroHedge.com to stay informed on this issue.
Learn more: http://www.naturalnews.com/049094_Greece_European_Union_economic_collapse.html##ixzz3ViZzblsn
Monday, March 23, 2015
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