Piggy Bank

Global economic crisis is accelerating - 18 signs

© Survivalbased.com
A lot of people that I talk to these days want to know "when things are going to start happening". Well, there are certainly some perilous times on the horizon, but all you have to do is open up your eyes and look to see the global economic crisis unfolding. As you will see below, even central bankers are issuing frightening warnings about "dangerous new asset bubbles" and even the World Bank is declaring that "now is the time to prepare" for the next crisis. Most Americans tend to only care about what is happening in the United States, but the truth is that serious economic trouble is erupting in South America, all across Europe and in Asian powerhouses such as China and Japan. And the endless conflicts in the Middle East could erupt into a major regional war at just about any time. We live in a world that is becoming increasingly unstable, and people need to understand that the period of relative stability that we are enjoying right now is extremely vulnerable and will not last long. The following are 18 signs that the global economic crisis is accelerating as we enter the last half of 2014...

#1 The Bank for International Settlements has issued a new report which warns that "dangerous new asset bubbles" are forming which could potentially lead to another major financial crisis. Do the central bankers know something that we don't, or are they just trying to place the blame on someone else for the giant mess that they have created?

#2 Argentina has missed a $539 million debt payment and is on the verge of its second major debt default in 13 years.

Comment: It is far better to be prepared for collapse than caught unaware.

See: Should one prepare for a collapse or not?

Also see our Forum thread here on Preparedness.

Vader

US waging economic war against Russia, one pipeline at a time

south stream pipeline
© Reuters / Sergey Karpukhin
While the human politics of the crisis in Ukraine garner all the headlines, it is the gas politics that in many ways lies at the heart of the conflict.

Indeed, the energy issue has not only framed much of the economic dimensions of the crisis, it has revealed the deep divides that exist among the political and business elite of Europe who, despite their bluff and bluster about Russia's actions in Ukraine and the expansion of sanctions, understand quite clearly that Russia is an integral part of Europe's economic future.

However, that hasn't stopped the West and its proxies and clients in Eastern Europe from attempting to undermine Russia's strategic economic position through a variety of means. From derailing negotiations over pipeline construction to using puppet governments as a wedge between Moscow and Europe, the US and its allies have attempted to undermine Russia's economic and strategic position vis-à-vis gas delivery infrastructure, while simultaneously strengthening their own.
south stream pipeline
© RIA Novosti / Ramil Sitdikov
Ukraine and the threat to Russia and Europe

Lost amid the horror stories of Kiev's military assault on the people of Donbas, the vicious attacks by Right Sector Nazis, and the general state of chaos in Ukraine's political institutions, is the fact that one of the central aspects of the Ukraine-Russia conflict is gas. Specifically, it centers on the Russian energy delivery infrastructure (pipelines, refineries, etc.) in Ukraine and its vital importance to Russia's continued energy exports to Europe.

Also, Kiev and the Russian energy giant Gazprom have been busy trying to negotiate terms of payment for the massive bill (at least $4 billion, though likely more) Ukraine owes, which undoubtedly raises the stakes for both sides as billions of dollars are on the line. Were the conflict only financial, then undoubtedly a resolution could be reached. However, in recent weeks there have been dangerous developments and accusations, which have cast the issue in a new light; it is no longer merely about profits, it's about security.
Pirates

The Truthseeker: Ukraine Gangster State calls for 'nuclear strikes' against Russia

Ukraine's parliament moves to quit Nuclear Non-Proliferation Treaty; Ukrainian Nazis are conducting 'regular reconnaissance visits to nuclear power stations'; Billionaire governor, whose Privatbank is top recipient of new IMF bailout, being placed on international wanted list for 'banned methods of warfare and aggravated murder'.

Seek truth from facts with intelligence expert William Engdahl; economist Professor Michael Hudson; former US intelligence officer Scott Rickard; and the prosecutor who put Yulia Timoshenko's partner behind bars, Martha Boersch.

Newspaper

Dying vet's 'F*** You' letter to George Bush & Dick Cheney needs to be read by every American

george bush jr, dick cheney
© Unknown
Psychopaths often experience 'Duper's Delight'
To: George W. Bush and Dick Cheney
From: Tomas Young

I write this letter on the 10th anniversary of the Iraq War on behalf of my fellow Iraq War veterans. I write this letter on behalf of the 4,488 soldiers and Marines who died in Iraq. I write this letter on behalf of the hundreds of thousands of veterans who have been wounded and on behalf of those whose wounds, physical and psychological, have destroyed their lives. I am one of those gravely wounded. I was paralyzed in an insurgent ambush in 2004 in Sadr City. My life is coming to an end. I am living under hospice care.

I write this letter on behalf of husbands and wives who have lost spouses, on behalf of children who have lost a parent, on behalf of the fathers and mothers who have lost sons and daughters and on behalf of those who care for the many thousands of my fellow veterans who have brain injuries. I write this letter on behalf of those veterans whose trauma and self-revulsion for what they have witnessed, endured and done in Iraq have led to suicide and on behalf of the active-duty soldiers and Marines who commit, on average, a suicide a day. I write this letter on behalf of the some 1 million Iraqi dead and on behalf of the countless Iraqi wounded. I write this letter on behalf of us all - the human detritus your war has left behind, those who will spend their lives in unending pain and grief.

I write this letter, my last letter, to you, Mr. Bush and Mr. Cheney. I write not because I think you grasp the terrible human and moral consequences of your lies, manipulation and thirst for wealth and power. I write this letter because, before my own death, I want to make it clear that I, and hundreds of thousands of my fellow veterans, along with millions of my fellow citizens, along with hundreds of millions more in Iraq and the Middle East, know fully who you are and what you have done. You may evade justice but in our eyes you are each guilty of egregious war crimes, of plunder and, finally, of murder, including the murder of thousands of young Americans - my fellow veterans - whose future you stole.

Your positions of authority, your millions of dollars of personal wealth, your public relations consultants, your privilege and your power cannot mask the hollowness of your character. You sent us to fight and die in Iraq after you, Mr. Cheney, dodged the draft in Vietnam, and you, Mr. Bush, went AWOL from your National Guard unit. Your cowardice and selfishness were established decades ago. You were not willing to risk yourselves for our nation but you sent hundreds of thousands of young men and women to be sacrificed in a senseless war with no more thought than it takes to put out the garbage.

Comment: Pathocrats will always push for war. It's up to each of us to stop it by not accepting it. It's truly a shame so many are dead or injured because too few worked to prevent it. History repeats itself.

Bullseye

American foreign policy fiascos - all signs of a collapsing empire

Sakashvili puppet stirrs the Russian bear
The US has been quite busy this century trying to undo itself as a world power. This was slow going in the beginning - after all, mighty empires don't tend to fail overnight - but after a decade of assiduous effort the pace has started picking up speed. Like most collapses, the fiascos the US has been creating proceed slowly at first, then all at once.

Take the 2008 "war" in former Soviet Georgia. The Pentagon spent years trying to form Georgia into an anti-Russian, US-dominated puppet. Then, during the Olympic games in Beijing, the US-educated president of Georgia decided to please his masters by initiating artillery bombardment of civilians in a disputed enclave in Georgia inhabited by Russian citizens. In response, the Russians rolled into Georgia, mopped it up, annexed the disputed territory (plus another one) and left. Western media dutifully whitewashed Georgian war crimes and did their best to paint Russia as the aggressor. But his masters were not pleased, and its US-educated president was left to twist in the wind as a political corpse.

A similar fiasco started unfolding in Ukraine in the spring of 2014. You see, the US foreign policy and military establishments are quite compulsive in their unceasing efforts to undermine Russia. The 1%ers who own the US government also have a personal vendetta gainst Putin. They can't forgive him for what he did to Russia's oligarchs who did so much to undermine Russia under Yeltsin: he de-fanged and de-clawed them, banning them from politics and depriving them of political influence. During the Winter Olympics in Sochi, the democratically elected president of Ukraine was overthrown in a coup supported by a false flag operation in which mercenary snipers killed scores of civilians and policemen. In his place the US installed a hand-picked junta that included some neo-Nazi elements. This fiasco is still unfolding; I will return to it in a moment.

Comment: We recently spoke with Dmitry Orlov on SOTT Talk Radio about 'Lessons from the USSR's collapse for the USA'...

Vader

The irony of Obama's 'American exceptionalism'

© AFP Photo / Mladen Antonov
Yet another scandal has engulfed the Obama administration, as the President has come under fire for his prisoner swap that secured the release of the only US POW remaining in Taliban custody.

However, the real scandal is not whether Sgt. Bowe Bergdahl is a hero or a traitor, but rather the fact that the US - purportedly the "land of the free" - detains prisoners indefinitely, denying them any legal process.

In fact, under President Obama (a constitutional scholar), the practice of indefinite detention without trial or legal counsel, has been codified into US law. Perhaps this is what Obama means when he waxes poetic about "American exceptionalism" - the exception to the rule of law, the exception to international law, the exception to human rights?

The story behind the story

While media pundits, security "experts," and politicians engage in the typical finger-pointing and political jockeying around the Bergdahl scandal, there is one critical point entirely left out of the US and Western media narrative: that Washington continues to hold, illegally and without charge, many prisoners from the so-called "War on Terror" in its gulag at Guantanamo Bay. Such grave abuses of human rights, which have been enshrined as US policy, are far more destructive and scandalous than any backroom deal made by President Obama.

The ongoing detention of Saudi citizen and permanent UK resident Shaker Aamer is perhaps the most obvious example of the criminality and inhumanity of the US and the Obama administration. The UK-based human rights organization Reprieve, which works for the release of all prisoners held beyond the rule of law in the "War on Terror," has been actively working to secure the release of Aamer, along with all other prisoners held at Guantanamo. As the organization's website notes, "Shaker has long been cleared for release by the United States. He has never been charged by the United States with a crime and has never received a trial. However, he has been repeatedly abused and subjected to extended isolation in Guantánamo Bay."
USA

America: 'If we go down, we're taking the whole world with us'

Jihadis
© Alternet
Iraqi Shiite tribesmen brandish their weapons to show their willingness to join security forces in the fight against Jihadist militants on June 17, 2014 in Najaf.
Let's cut to the chase. As in chasing that Zara outdoor summer collection, complete with state of the art assault rifles, brand new white Nike sneakers and brand new, unlimited mileage white Toyotas crossing the Syrian-Iraqi desert; the Badass Jihadis in Black.

Once upon a (very recent) time, the US government used to help only "good terrorists" (in Syria), instead of "bad terrorists". That was an echo of a (less recent) time when it was supporting only "good Taliban" and not "bad Taliban".

So what happens when Brookings Institution so-called "experts" start blabbering that the Islamic State of Iraq and Sham (ISIS) is really the baddest jihadi outfit on the planet (after all they were cast out of al-Qaeda)? Are they so badass that by warped newspeak logic they're now the new normal?

Since late last year, according to US government newspeak, the "good terrorists" in Syria are the al-Qaeda spinoff gang of Jabhat al-Nusra and (disgraced) Prince Bandar bin Sultan, aka Bandar Bush, the Islamic Front (essentially a Jabhat al-Nusra multiple outlet). And yet both Jabhat and ISIS had pledged allegiance to Ayman "the doctor" al-Zawahiri, the perennial gift that keeps on giving al-Qaeda capo.

That still leaves the question of what Men in Black ISIS, the catwalk-conscious beheading stormtroopers for a basket of hardcore tribal Sunnis and Ba'ath party "remnants" (remember Rummy in 2003?) are really up to.

We interrupt this desert catwalk to announce they will NOT invade Baghdad. On the other hand, they are busy accelerating the balkanization - and eventual partition - of both Syria and Iraq. They are NOT a CIA brainchild (how come Langley never thought about it?); they are in fact the bastard children of (disgraced) Bandar Bush's credit card largesse.
War Whore

Creating fake 'enemies' in order to dominate the planet: U.S. trained ISIS at secret Jordan base


Born in the USA
Described as covert aid to insurgents targeting al-Assad

Members of the Islamic State of Iraq and the Levant, or ISIS, were trained in 2012 by U.S. instructors working at a secret base in Jordan, according to informed Jordanian officials.

The officials said dozens of ISIS members were trained at the time as part of covert aid to the insurgents targeting the regime of Syrian President Bashar al-Assad in Syria. The officials said the training was not meant to be used for any future campaign in Iraq.

The Jordanian officials said all ISIS members who received U.S. training to fight in Syria were first vetted for any links to extremist groups like al-Qaida.

In February 2012, WND was first to report the U.S., Turkey and Jordan were running a training base for the Syrian rebels in the Jordanian town of Safawi in the country's northern desert region.

That report has since been corroborated by numerous other media accounts.

Last March, the German weekly Der Spiegel reported Americans were training Syrian rebels in Jordan.
TV

The Fall of Iraq - What You're Not Being Told


Transcript:

Iraq is descending into chaos, but not for the reasons you're being fed by the politicians and the mainstream media.

In June of 2014 the world watched in shock as an Islamic militant group operating under the name of the Islamic State of Iraq and Syria (or ISIS), took control of Mosul, Baiji and Tikrit and began pushing south to Baghdad. Fallujah has been under their control since January.

[Note they are also known as the Islamic State of Iraq and the Levant or ISIL]

Iraqi military and police put up very little resistance in spite of the fact that they greatly outnumbered the militants. Most fled their posts and left their uniforms and weapons behind, those who didn't were killed.

ISIS, whose stated goal is to erase the border between Syria and Iraq, to establish an Islamic Caliphate encompassing both countries, and to impose sharia law, already holds vast swaths of territory, and they are rapidly gaining ground.

How did this happen?
Star of David

NeoCon 'reality-creating': Paper published in 1982 by Israeli journalist describes exactly what's going on in Iraq, Syria and across the Middle East

The other day I was handed the translation of a paper written by Israeli journalist Oded Yinon as far back as 1982. Ah! Old news, I thought. I'll get around to browsing through it one of these days. When later, the person who proffered the document, asked me about my conclusions, I grabbed my spectacles and sat down for what I thought would be a dull read. How wrong I was!

Yinon, who was attached to Israel's Foreign Ministry, published his paper, titled "A Strategy for Israel in the 1980s," in Kivunim (Directions) a "journal for Judaism and Zionism," and if the Association of Arab-American University graduates hadn't widely distributed the article, it might have disappeared down the memory hole.

Unfortunately, as the document is 11 pages long, I can only give you the gist but it can be found in its entirety on the Internet.

The basic premises of the plan are these: In order to survive Israel must become an imperial regional power and must also ensure the break-up of all Arab countries so that the region may be carved up into small ineffectual states unequipped to stand up to Israeli military might.

Yinon described the Arab-Muslim world as "a temporary house of cards put together by foreigners and arbitrarily divided into states, all made up of combinations of minorities and ethnic groups which are hostile to one another."

Comment: "...publically questioning Syria's legitimacy"?

"Tearing Iraq apart"?

Why it almost sounds like the plan for war in the Middle East was developed decades ago, and is being waged at the behest of and in the interests of Israel and the Western Empire...how strange...

Do read the full 1982 Yinon paper here:

'A Strategy for Israel in the Nineteen Eighties'

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