- Emphasis mine:
- Wall Street Cries Havoc!
“Cry ‘Havoc!’, and let slip the dogs of war”
– The world is on a very short fuse to global war, instigated by London and Wall Street in their desperation to avert a loss of power, as their trans-Atlantic financial empire goes down in flames. Indicative of the growing hysteria and desperation was a weekend column by London Telegraph columnist Ambrose Evans- Pritchard, a well-known mouthpiece for British intelligence, who said that the collapse of European bond yields is unprecedented since the Fourteenth Century Black Death. What Pritchard and the Sunday New York Times called the danger of deflation is actually a total collapse of the real economies of the European nations.
And now, with Greece on the verge of leaving the Euro-system and repudiating the Troika’s austerity policies, there is panic that the contagion of that pending development will spread throughout Europe, starting with Italy, Portugal, Spain, and, perhaps, even France.
In Germany an unprecedented public brawl has erupted around the Merkel government’s austerity recipe for the Mediterranean countries of the Euro-zone. For the first time, German officials, including one of Merkel’s top economic advisors, Michael Fuchs, are openly saying that Greece can split out of the euro without causing a larger crisis. SPD coalition partners, who reject that fantasy, are furious that the statements were issued without consultation.
There is little confidence anywhere in this claim of European financial stability, and both Pritchard and the New York Times on Sunday implored European Central Bank head Mario Draghi to live up to his promise to do “whatever is necessary” to save the euro. That means a massive quantitative easing program of hot money printing, which Pritchard says is too little, too late.
It is precisely that QE madness that has created the biggest Wall Street debt bubble in history—a bubble that is also on the very edge of explosion. The continuing collapse of the oil price, through conscious Anglo-Saudi manipulation, is threatening to detonate a $20 trillion Wall Street derivatives bubble, built up around the U.S. and Canadian shale oil and gas scam.
So, on both sides of the Atlantic, the financial house of cards could be toppled at any moment. For this reason alone, Wall Street and London are prepared to risk thermonuclear extinction, by driving for war as the only remaining option left for their dying empire. And so long as Barack Obama remains in the White House, Wall Street and London have their fingers on the nuclear trigger.
To put things in stark terms, the world is closer to a general war—a thermonuclear war—than it was during the 13 days of the Cuban Missile Crisis in 1962. Obama’s visceral hatred of Russian President Putin means that so long as he remains in the Oval Office, the war danger is immense.