I selected these three iconic references as symptomatic of what goes round-the-globe in the image of a dog chases an ever diminishing tail – asymmetrical response.
The unpolished truth of the global financial playground is akin to ones alarm should your child find themselves in a sand-box having been mistaken, by a cat, for a litter-box. The cat may not have known the difference but you most certainly do!
The Nations of the planet are awash with massive sovereign debt with most so called developed nations running numbers in the 85% plus of GDP range. For example: U.S. (89%), Germany (73%), France (77%), U.K. (68%), Italy ( 115 %), Greece (115%), Portugal (76%), Ireland (64%) and Canada (72%). Do note that these are 2009 figures and likely are quite weak when compared to their likely, updated, figures.
Whenever exposed to a commentary by Mr. Geithner I am consumed with a rather perplexing mix of anger and disbelief. Case in point; recently Mr. Geithner stated that the “…U.S. will not be harmed economically by the debt crisis in Europe.” Further, he stated that the U.S. economy “…is getting stronger. We’re seeing a lot of strength, improvement and confidence.”
Clearly he is so far out of near-earth orbit that he must have found himself in an animated, full-color, alternate universe. Otherwise he may simply be masquerading a reality that he dare not confess too.
The three-part series, Blind Vision, which is now available, treks through a series of poignant discussion relative to economic and political intrigue that much of America has paid little attention to. Rest assured, you NOW have no choice, this time it will draw the very air from your lungs. On a side note of course, I do hope, if you haven’t, you pick up, read and study each of these books!
Mr. Geithner is, in a rather peculiar way, somewhat accurate in his statement that the U.S. economy “…will not be harmed….” Why? Well, there’s no structural economy to harm as for the most part, the U.S. economy struggles on largely from inertial force and frankly from the simple fact that in a rather unique way, so long as money continues to flow and banks (Federal Reserve) are willing to perpetuate the façade of mechanized monetary predation we can likely limp along for a while longer. At least until the rest of this particular universe decides it no longer wants to submit to global financial tyranny or the American People stand together and simply say: NO MORE!
Here are a few “teasers” for you to consider:
- Mr. Geithner must know that nearly 72% of the E.U. sovereign debt is owned by U.S. Institutional Investors, U.S. Wealth Management or Hedge Funds or directly by U.S. Banks or their foreign affiliates. To think that the global financial structure will endure a migratory collapse at this level is, on its own, supremely specious.
- The European Community (EU) suffers from much of the same social malaise that has penetrated the American social-structure. Beginning with the post-WWII appearance of the Marshal Plan and the maturation of global banking interests, Europe bought in to the institutionalizing of social-entitlement largely because they opted for the euphoric illusion of collectivism in-lieu of self-sustaining economic independence. Money was made plentiful to the willing and ever increasing number of outstretched hands so why walk when you can have the government force someone to carry you.
- Greece is no more at fault than is the inanimate light-bulb whose filament has exceeded its life span. The system, as practiced, is designed to fail and does so with a predictability equaled only by the passage of what we think of as “time”.
- As I’ve written many articles, postings and now the 3-book Blind-Vision series, Banking as it is practiced simply orchestrates what I refer to as the “Cycle of Predation” and it does so magnificently.
- It is also important to draw a clear distinction as to the magnitude of the issue. First, recall that the largest population, being 82 million, belongs to non-other than Germany vs. the U.S. at 300 million. Additionally, Germany, which has the largest GDP of the EU – $3.3 Trillion (US) (2009 figures) vs. a stated U.S. GDP of approximately $14.4 Trillion.
Consider, if only from the last of the preceding points, that if Greece’s sovereign debt load of $380 Billion, compared to the U.S. of nearly $15 Trillion or Germany’s at $2.5 Trillion, is causing such havoc then one must consider one of only two possible options: (1.) We are, indeed, at the head of one massive impending slide. Or, (2.) There is a well orchestrated event in progress. With a few of history as my advantage, I’m inclined to lean toward these two options as not being distinct at all but more so both integral to the other.
The looming financial chaos is not a surprise, it has been planned. Then next phase is being orchestrated right before your very eyes. Sadly, most do not (even) know what to look for.
Here’s a clue, which I’ll discuss further in my next piece: two acronyms which you might want to look in to: IMF and BIS. My readers might find it very interesting to know that these two entities were integral to creation of what became the Financial Services Modernization Act of 1999, the Commodity Futures Modernization Act of 2000 and now the Wall Street Reform Act of 2010 (aka Banking Reform).
As Mayer A. Rothschild said:
“Let me issue and control a nation’s money and I care not who writes the laws.”
There are no coincidences! There is, however, only cause and its effect!
Good news though! It is never too late to affect a cause and overcome an ill-effect!
Curtis C. Greco, Founder