Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Posts Tagged ‘Engdahl’

US Sanctions — a Looney Tunes Bad Remake

Posted by hkarner - 7. August 2017

Thanks to H.F.
05.08.2017 Author: F. William Engdahl, NEO

984564233The ever-so-wise members of the Congress of the United States have just passed one of the most bizarre pieces of legislation in US history. Unilaterally, it makes illegal and severely punishable investments by European companies in international energy projects where Russia is involved. But it does far more. Unlike earlier US sanctions acts, the EU countries were not even consulted on the new act. It may well be that the bill, HR-3364: Countering Americas Adversaries Through Sanctions Act (sic) and its Senate counterpart will mark the irreversible decline of the United States as a global power and forge new ties between Russia, China, Iran and, yes, the major states of the EU including Germany.

What the Act says

First let’s see what the act, HR-3364, actually states. Den Rest des Beitrags lesen »

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Will ‘Trumponomics’ Bankrupt America?

Posted by hkarner - 5. Mai 2017

Dank an H.F.

04.05.2017 Author: F. William Engdahl, NEO

The campaign promises were grandiose just like the candidate. Donald Trump wooed millions of American voters with his pledge to “make America great again.” He promised a $1 trillion infrastructure plan to revitalize the de facto depressed national economy. He promised to bring jobs back from China, Mexico and elsewhere by renegotiating major trade deals or scotching them entirely as with the Trans-Pacific Partnership of the Obama era, a scheme which Trump rightly said would take even more American jobs. After 100 days in office what are the prospects that his economic program will bring positive changes to Americans?

Dismal to put it mildly. Of course that should come as no shock to anyone taking a closer look at who is Trump, or more correctly his transition team brought in to run White House economic policy.

That Dubious Wall Street Economics Team Den Rest des Beitrags lesen »

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Is Euroland on Verge of Disintegration?

Posted by hkarner - 21. April 2017

Dank an H.F.
20.04.2017 Author: F. William Engdahl, NEO

Since the global financial crisis of 2008 little significant has been done by Brussels or the governments of the 19 member Eurozone countries to bring the largest banks of the Eurozone into a healthy stability. On the contrary, even venerable mega-banks like Germany’s Deutsche Bank are teetering on the brink.

In Italy the world’s oldest bank, Monte Paschi di Siena, is on state life-support. That is but the tip of an iceberg of Italian bank bad debts. Today in total Italy’s banks hold Italy’s banks hold €360 billion of bad loans or 20% of Italy’s GDP, which is double the total five years ago.

It gets worse. Italy is the fourth largest economy in the EU. Its economy is in dismal shape so bank bad loans grow. State debt is almost as high as that of Greece, at 135% of GDP. Now, since the 2013 Cyprus bank crisis, the EU has passed a stringent new bank “bail-in” law, largely under German pressure. It stipulates that in event of a new banking crisis, a taxpayer bailout is prohibited until bank bond-holders and, if necessary as in Cyprus, its bank depositors, first “bail-in” or take the loss. In Italy, most holders of bank bonds are ordinary Italian citizens, with some €200 billion worth, who were told bank bonds were a secure investment. No more.

German Austerity Medicine Killing Patient Den Rest des Beitrags lesen »

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Brexit: Securing a New English-speaking Union?

Posted by hkarner - 8. April 2017

Dank an H.F.!

03.04.2017 Author: F. William Engdahl, NEO

89653433It’s becoming clear that there is a far more ambitious strategy behind Great Britain’s exit from the European Union, the so-called Brexit. Far from a reluctant government led by Prime Minister Theresa May, forced to listen to the Vox Populi of the majority of voters in 2016 who voted to exit the European Union, signs emerge of a far more devious well-planned strategy at the highest levels of British power, including the House of Windsor and the powers of the formidable City of London financial institutions. Britain is ditching the EU as a failed option, and seems to be intent on building a new English-speaking Union together with the United States and with the nations of the Commonwealth–the former colonies of the British Empire prior to 1914.

The British have a long and varied history, emerging from their surprising defeat of the mighty Spanish Armada in 1588 to go on over the course of three centuries to become the most powerful empire on earth, until a Great Depression of 1873 followed by two devastating world wars in the 20th Century, forced her patriarchs to swallow hard and accept a junior partner role with the 1945 dominant power, the United States. Den Rest des Beitrags lesen »

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Varoufakis Not The Best Looking Greek In The World?

Posted by hkarner - 17. November 2016

Wednesday, November 16, 2016 Observing GreeceKastner

After I listened to this interview, I wondered why Yanis Varoufakis would have made such downgrading remarks about President Obama’s visit to Greece. And I think I found the explanation.

Back in 2015, Varoufakis attended a White House reception in honor of Greek Independence Day. When Barack Obama was in conversation with Yanis Varoufakis, John Ramos, the handsome Greek-American entrepreneur, was the third person in the group. Stamos later told Jimmy Fallon on the latter’s show about the meeting (see link). After making the comment that Obama was talking to ‚that guy, the Finance Minister, Yanis, Yani…?‘ (couldn’t remember the name), Stamos said:

„He (Obama) looks to me and he says ‚John Stamos, how are you?‘ And then he looks to the room and says ‚This is the best looking Greek in the world!'“ Den Rest des Beitrags lesen »

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Top USA National Security Officials Admit Turkey Coup

Posted by hkarner - 2. September 2016

31.08.2016 Author: F. William Engdahl, NEO

3454353453453While the Obama Administration and the CIA officially cling to the fig leaf lie that US intelligence was innocent of any involvement in the failed July 15 coup d’ etat attempt by the CIA-run Fethullah Gülen organization in Turkey, the truth is coming out from senior US intelligence insiders themselves. It reflects a huge internal faction struggle within US leading circles in what by all accounts is shaping to be the most bizarre Presidential election year in American history.

The first admission that US intelligence had their hand in the anti-Erdogan coup, a coup launched just days after Erdogan announced a major strategic shift away from NATO and towards Russia, came from Zbigniew Brzezinski. Brzezinski is one of the most senior members of the US intelligence establishment, a former Obama Presidential adviser and former National Security Council architect of the Jimmy Carter 1979 Mujahideen Afghanistan terror operations against the Soviet forces in that country.

In a Twitter tweet from his own blog, Brzezinski wrote a precis of a new article he wrote for The American Interest magazine. He writes, “The US backing of the attempted coup against the Turkish President Recep Tayyip Erdogan was a grave mistake that could deliver a major blow to the US reputation.” That’s definitely putting it mildly given what’s unfolding in Turkey since July 15. Den Rest des Beitrags lesen »

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What is Fethullah Gülen?

Posted by hkarner - 25. Juli 2016

25.07.2016 Author: F. William Engdahl, NEO

345345345345Since the failed coup attempt in Turkey of July 15 there has been much speculation in western media that it in fact was all engineered by President Recep Tayyip Erdoğan to provide him with the pretext to impose emergency rule and to jail any and all opposition to his rule. At this point evidence still suggests that that was not at all the case. Rather, as I wrote at the time when it was clear the coup attempt was collapsing, it was a coup initiated by the CIA acting through their primary asset inside Turkey, the networks of their fugitive Turkish asset Fethullah Gülen. When we examine more closely “what” is Fethullah Gülen he is anything but the grandfatherly image of a 75-year-old soft-spoken Islamic moderate, scholar and Imam. His networks have been called the most dangerous in Germany by Islamic experts and have been banned in several Central Asian countries. Now, too, in Turkey. What’s becoming clear is that the failed coup was in fact a dry-run, a dress rehearsal by Gülen’s controllers in Langley to see how Erdogan would react, in order to recalibrate and prepare for a more serious attempt in the future. Washington was not at all happy with the foreign policy turn of Erdoğan turning to reconcile with Russia and possibly also with Syria’s Assad.

Fethullah Gülen is not a “who” but, rather, it is a “what.” The what is one of the most extensive and elaborate surrogate warfare networks ever created by the United States intelligence community, spanning countless nations including the United States and Germany, as well as the historic Turkic regions of Central Asia from Turkey up to the Uyghur peoples of China’s oil-rich Xinjiang Autonomous Province.

Fethullah Gülen’s Spider Web Den Rest des Beitrags lesen »

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From Golden Dollar to Petro Dollar to Narco Dollar

Posted by hkarner - 10. Mai 2016

Dank an H.F.
9.05.2016 Author: F. William Engdahl, NEO

3454344The role as world reserve currency is something no financial hegemon in history has willingly surrendered. It took two world wars for the City of London and Bank of England to reluctantly concede hegemony of the Pound Sterling to the Dollar. As Henry Kissinger is said to have remarked decades ago, “If you control the money, you can control the entire world.” Whether or not Kissinger ever said that publicly, he and his patron, David Rockefeller, certainly believed it. Now, with US government debt shooting past $19 trillion and the true state of the American economy and its infrastructure at its worst since the Great Depression, with most Americans living on the brink of financial disaster, the brilliant financial engineers of Wall Street and Washington have once again come up with a scheme to prolong the role of Dollar as King in the world economy.

The recent Panama Papers revelations by a select group of Western mainstream media including the New York Times, BBC and Süddeutsche Zeitung, were notable as a brazen attempt to attack foreign leaders such as Russia’s Vladimir Putin and China’s Xi Jinping for alleged corruption. Notably, the leaked files of the Panama law firm, Mossack Fonseca, so far have failed to leak even one significant name of a US citizen hiding money in offshore accounts of the Panama facilitators. Den Rest des Beitrags lesen »

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Icelandic Justice and Criminal Bankers

Posted by hkarner - 19. April 2016

Dank an H.F.!

Author: F. William Engdahl, NEO

3453454On September 15, 2008, a former Goldman Sachs chairman, US Treasury Secretary Henry Paulsen, deliberately triggered a predictable global financial meltdown when he decided to break precedent and let Lehman Bros, the fourth-largest Wall Street investment bank, go bankrupt. The reasons for his decision are for another time. The fallout from that traumatic financial crisis remains very much with the world financial system to this day, more than seven years later. One of the little-noticed casualties of that Lehman Bros. debacle was the worst banking crisis in the history of one of the world’s smallest countries, Iceland. How that country of 323,000 citizens chose to deal with the crisis is a model for the rest of the world. Instead of beatifying the criminal bankers responsible for worst world financial crisis in history, the people of Iceland did something quite different.

Iceland, a beautiful Nordic island in the far North Atlantic between Greenland and Norway, with active volcanoes, streams with some of the most delicious non-industrial and non-GMO wild salmon, self-sufficient in energy from thermal springs and hydroelectric power, got lured into the mad, greed-driven frenzy of the US sub-prime real estate crisis in a big way. In October 2008, amid the global financial Tsunami triggered by Paulsen’s Lehman act, the Iceland government nationalized the three largest private banks, Glitnir, Landsbanki and Kaupthing, following depositor panic withdrawals. The three banks, in a few short years after they were privatized had managed to amass debts ten times Iceland’s annual DGP. Den Rest des Beitrags lesen »

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Greek Guilt and Syriza Perfidy

Posted by hkarner - 21. Juli 2015

Dank an H.F.

16.07.2015 Author: F. William Engdahl, neo 

alexis-tsipras-angela-merkel-1-770x469At this sad and very dangerous juncture of the unfolding events surrounding Greece and the crushing demands of the Troika, it becomes clear that all this would never have come to pass had the Greek people not felt guilty over their country’s debt situation. As a consequence of their feeling guilty since the crisis began in October 2009, the situation is rapidly turning into a human tragedy where an entire people are now faced with likely destruction.

In a previous post I argued that the former Finance Minister Yanis Varoufakis was a Trojan Horse for the oligarchs, both inside Greece and outside, who is deliberately leading the Greek people on in order to crush them and any hope for debt softening or write offs.

On July 5 Greeks voted in a special referendum whether to accept the Troika further austerity as condition to stay in the Eurozone or to say “No.” Some 61% of the voting said a resounding No to Troika austerity. Tsipras and Varoufakis had pleaded for that No, lying to voters that that would give them a “stronger hand” in Brussels and Berlin to extract better terms from the Troika.

Instead, on July 9 Tsipras announced he had submitted a new proposal that, as details emerged, was virtually identical to the Troika demands Greek voters had just vehemently rejected. That betrayal is demoralizing and worse. After the July 6 resignation of Varoufakis immediately after the vote, Tsipras named a new Finance Minister, Euclid Tsakalotos. Tsakalotos is an Oxford-educated “Marxist” economist, a pal of that other café “Marxist, ” Yanis Varoufakis, and a scion of a wealthy oligarch shipping and land-owning Greek military family. That may seem a bit curious for a government pretending to be crusading against the Troika, the IMF and against their system of debt slavery.

It now emerges that Tsipras and Finance Minister Tsakalotos drafted the capitulation offer of new austerity measures on the counseling of senior French bureaucrats sent personally to Tsipras by French President Hollande. By every definition the Syriza government has committed perfidy or treason against the Greek people, selling out the trust they had won in the referendum.

It is more and more clear this entire Greek crisis since 2009 is being orchestrated in detail from outside Greece and inside. It has only been possible because the Greek people believed in 2009 they were guilty and must be punished by paying the bankers. For the same reason they believed they were guilty they voted a series of governments after Papandreou that punished them with one austerity after another. That same guilt led them to wish to remain inside the destructive Eurozone despite all suffering. Den Rest des Beitrags lesen »

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