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Brewing Collapse of the Western Monetary System? German Government Warns
of an Upcoming Catastrophe, Tags Russia as an “Enemy Nation”
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By Peter Koenig
Global Research, August 23, 2016
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Url of this article:
http://www.globalresearch.ca/brewing-collapse-of-the-western-monetary-system-german-government-warns-of-an-upcoming-catastrophe-tags-russia-as-an-enemy-nation/5542181
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Germany has just warned its citizens of an upcoming catastrophe
and urged them to stockpile food, water and money for at least 10 days,
to be autonomous and independent until the government has caught up
putting the necessary public safety systems in place – in case of a
‘catastrophe’. There was no mention on the type of disaster awaiting
them. A war, an economic and or monetary collapse, or both? – The
warning was later downplayed as part of a ‘routine exercise’ in
Germany’s new defense strategy.
On a related note, against many Members of Parliament and several ministers, the German Bundeswehr (army) has declared Russia as an enemy nation.
This is akin to a declaration of war. The head of the Foreign Affairs
Committee of the Russian State Duma, Alexei Puschkow, has posted the
Twitter message:
‘The decision of the German government declaring Russia to be an enemy shows Merkel’s subservience to the Obama administration.’
The idea of the German warning is to scare people. People who are
afraid can be easily manipulated. While buying supermarkets’ shelves
empty, they will ask for more police and military protection. That’s
precisely what Washington and the EU want – a militarization of Europe.
Germany, being Obama’s chief vassal, is the mouthpiece for the rest of
Europe. At the same time, this scare tactic is an indirect warning of a
threat of aggression from Russia. The past weeks of western
lie-propaganda have shown Russia’s protection of Crimea with heavy
maneuvers in the Black Sea, depicting them as a preparation of war
towards the west. Never mind that Ukraine’s self-styled lord Poroshenko
has threatened to take Crimea back, amassing troops and tanks at the
border of this historic and strategic Russian peninsula.
Of course, things do not look good for the US-NATO led West with its
EU stooges. Turkey’s President Erdogan has turned away from the
notorious west to Mr. Putin and may be abandoning his alliance with
Washington, Brussels – and NATO. Russia has asked Ankara to use its
Incirlik airbase in the south, close to the Syrian border, currently
mainly occupied by NATO, storing some 50 US nuclear warheads and
uncountable US fighter jets and helicopters, plus housing at least 5,000
US-NATO troops. Turkey’s Prime Minister, Binali Yildirim, said last
Saturday, that Russia could use the base, but denied that any such
request has been made by Russia. In fact, according to EurActiv.com,
“the Pentagon has initiated the transfer of 20 B61-type aviation bombs
with nuclear warheads from the Turkish Incirlik air base to the Deveselu
base in Romania currently hosting the US missile shield.” Although the
Romanian Foreign Ministry has denied this news, it is nonetheless
largely credible, says Valentin Vasilescu of Russia’s katehon.com.
Incidentally, Incirlik is the base from which the two Turkish
fighters took off to shoot down the Russian fighter jet Su24 patrolling
the Turkish-Syrian border last November. The two pilots, one of whom was
the killer, were either CIA agents, or were acting on CIA orders. It is
known that Incirlik is infested with dozens of CIA agents.
President Erdogan’s new alliance with Russia, his recently
re-established relation with his old friend Bashar al-Assad, Turkey’s
supposed closing of her borders to the Islamic State (IS-ISIS-Daesh) at
the request of Russia, plus Iran putting her Hamadan base at Russia’s
disposal, making Russia, Iran, Syria, Hezbollah and (perhaps) Turkey the
new axis of stability and maybe peace in the Middle East, is not boding
well for the West. It is more than a loss of prestige. The area
contains an enormous wealth of hydrocarbons and other natural resources –
and the new axis threatens to block the Zionist expansion towards a
Greater Israel that would cover about a third of the current area called
Middle East, including all of Palestine, Jordan, Syria, parts of Saudi
Arabia and Iraq. This, and for achieving world hegemony, Full Spectrum Dominance,
the overall objective of the ever ongoing PNAC (Plan for a New American
Century), is what Washington is fighting for. No small matter. And not
easy to let go.
——
It would not be surprising if some bold aggression – militarily,
monetarily or both – by the West would rock the world. Indications to
this effect are plentiful, other than the German appeal to her citizens
to hoard food and money.
Could a fabricated incident, like a false flag event, in the Middle
East trigger a Russia – US-NATO confrontation? For example, Syrian
Government war planes a few days ago were bombing for the first time in
the five-year Syrian ‘civil war’ Hasaka, a stronghold of the Kurdish YPG
(People’s Protection Units), basically a group of mercenaries,
supported and funded by the US and NATO. The leader of YPG is allegedly
affiliated with Mossad. Syria’s attack was in response to the YPG’s
killing of civilians and Syrian Army soldiers. Was this Syrian attack
provoked by YPG? Syria has repeatedly said that any foreign and
uninvited foreign intervention on her territory would not be tolerated
and immediately fought back. The US instantly sent a warning to Syria
that US-NATO war planes may retaliate against President Assad’s forces –
which in turn are backed by Russia. Could that be an orchestrated
reason for an imminent US-Russia clash? – Such a confrontation would
have ramifications way beyond the Middle East and could escalate to
WWIII.
It is hard to believe that Washington would risk a war with Russia,
being well aware of Russia’s superiority in the air, as well as on and
under the sea with latest generation technology and nuclear war heads.
But the exceptional nation on a declining course, knows no scruples
pulling the entire humanity into her self-made abyss.
Another scenario of a world-shaking catastrophe may be financial.
Lord Jacob Rothschild of the ultra-rich Rothschild family, recently
proclaimed that “the western central bankers are conducting the greatest experiment in monetary policy history
with consequences impossible to predict.” He added that the world is in
‘uncharted waters’. Although he doesn’t precisely explain what he
means, he refers to ‘unintended’ low interest rates with ‘30% of global
government debt at negative yields’. He also talks about the almost
unlimited ‘Quantitative Easing’ (QE – indiscriminate production of
money) of western central banks. As a consequence, he says, the
Rothschilds are shifting their money gradually away from the dollar into
gold and other, presumably western ‘aligned’ currencies. He didn’t
specify.
Why would a member of one of the most secretive and the globe’s
richest families, the Rothschilds, come out in the open telling the
world what he is doing with his investments? – Is there a purpose behind
it? – Almost for sure. But how does it fit into what the FED-ECB-Wall
Street may have concocted to happen next? – Is it a hint that the gold
standard in one form or another may return? After all, maybe envisioning
such an advent, Russia and China in the past 20 to 25 years, since the
collapse of the Berlin Wall, have filled their coffers with gold.
According to Sergey Glazyev, one of Russia’s top economists, Russia’s
currency is covered twice with the value of gold. China’s Yuan is also
fully gold-backed. Russia is the world’s second largest producer of
gold. The US too has been amassing gold. Nobody knows exactly how much
Russia, China and the US have accumulated.
——
A few months ago, talking about the disintegration of the EU and its
currency, the euro, was taboo. Since BREXIT, the topic is increasingly
on the agenda of most economic fora in Europe. It’s become ‘mainstream’,
so to speak. When before the BREXIT vote people were afraid to touch
the subject, today they dare happily voicing their anger and
disagreements about the sick, inhuman European Union and its equally
sick currency – and how it best would disappear. That’s good. Daring to
talk and seeing the reality is healthy.
Washington is of course aware of this. US money circles know that
BREXIT may have inspired a mass movement that cannot be stopped. Rather
than letting the Europeans take the reins of dissolving their pathetic
EU-Euro tandem, Washington, as usual, wants to call the shots – so that
the dice fall in its favor. There are several plausible scenarios, all
of which are sheer speculation at this point.
Returning to the gold standard – may involve a massive devaluation of
the US dollar. It would bring down the economy of most countries
dependent on the dollar and with large dollar reserves- which would
partially go up in smoke. Also, dollar holdings, means holding US debt.
At home in the United States it would mean debt would be eviscerated,
while abroad assets held un US-dollar denominated securities would lose
their value. This would apply to most developing countries still almost
unconditionally tied to the dollar – especially Africa which holds by
most accounts close to two thirds of the world’s remaining natural
resources. Guess, who may appropriate these resources as payment against
fake and fabricated debt? There is not much speculation about what
would happen with those in-and-on-the-ground riches.
Worldwide dollar denominated reserves have dropped in the last 20
years from about 80% of all reserves to below 60% today and declining.
Most European countries may still have dollar reserves, but also gold.
Rather than speculating over the value of gold – which is almost
entirely in the hands of the BIS (Bank for International Settlement –
Basel, Switzerland), itself controlled by the Rothschilds, Rockefellers
and a few other Wall Street magnates, they may decide to take back their
sovereignty and return to their own currency, devalued or revalued as
they see fit, also eviscerating their debt, ‘resetting’ their system, so
to speak.
Brussels, the ECB (European Central Bank) and the IMF, would be mere
onlookers – and later trying to become the arbiters on how these
countries’ debt maybe converted into gold. We can just hope that
‘sovereignty’ would indeed mean ‘sovereignty’, and that listening to
stooges such as the ECB and IMF would be a thing of the past.
Germany, the Obama vassal numero uno that calls out the
warning to its people – and by extension to the rest of Europe – may
have made a deal under which they would not lose. – In any case for a
local or new currency to be launched, it may take half a year. Germany
may have prepared for such a move and hopes in ten days after the
disaster hits, it may be up to speed putting the new system with
electronic tellers and all on stream.
Another scenario may be that some of the TBTF (too-big-to-fail)
banks, in connivance with the FED, would call in their outstanding
derivatives. Estimates on worldwide outstanding derivatives range from
about 700 trillion dollars to more than a quadrillion. This is money not
even made of thin air, it’s just invented. But it could break the necks
of smaller banks, à la Lehman Brothers – remember September 2008? –
That would bring down the western world’s financial system, all the
while maintaining the dollar hegemony. All or most derivative
denominations are in US dollars.
Whatever may emerge, it is not a pretty picture for the west. In July 2016, on the occasion of the 95th
Anniversary of China’s Communist Party, President Xi Jinping declared
“The New World Order is Finished.” He also evoked the collapse of the US
economy and the disintegration of the European Union. No western
mainstream media covered the event.
What the West wants to ignore is that there is an alternative to the
fraudulent western monetary system – a Russia-China based monetary
scheme, totally delinked from the dollar-euro and the western privately
owned FED-BIS-Wall Street manipulated system; a monetary structure built
according to the value and strength of the member countries’ economies.
Instead of illegal sanctions, blackmail, threats and outright financial
wars for those ‘unwilling’ to submit to Washington, the eastern
perspective offers a potential of equitable economic development,
fairness in trade to a federation of sovereign nations.
It is high time for the freedom loving world to move out from under
the boots of the empire; that we return to a multi-polar world of
equals, that the international agencies we created to serve humanity are
freed from the claws of their hijackers in Washington and those who
command Washington, that the UN and its specialized agencies, as well as
the International Criminal Court – even the Olympic Committee – may
operate according to their peoples’ given mandates, that they may
operate without the oppressive fist of Washington dictating them their
terms. ‘Economics of Peace’ under a new egalitarian monetary system may lead humanity to freedom and prosperity for all.
Peter Koenig is an economist and geopolitical
analyst. He is also a former World Bank staff and worked extensively
around the world in the fields of environment and water resources. He
writes regularly for Global Research, ICH, RT, Sputnik, PressTV, The 4th
Media, TeleSUR, The Vineyard of The Saker Blog, and other internet
sites. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe. He is also a co-author of The World Order and Revolution! – Essays from the Resistance.
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