Over two decades ago, I began warning that United States’ policies in the Middle East could set the US and world on a trajectory for a major war. Unfortunately, every major policy decision the US has made has exclusively served the interests of the global elite to the detriment of humanity. The trajectory set by these policy decisions has moved the world closer and closer to a full blown world war. More recently, I have warned that the Obama Administration was walking a dangerous foreign policy line in the Middle East that if mismanaged, could lead to horrific consequences. Today, it is become blatantly clear to all but the most ideologically blinded that Obama and his amateur staff have chosen incorrectly and created a perfect storm in the Middle East that will likely lead to a full scale regional war. The culmination of these decisions, no matter their motivation, has set the stage for a showdown between Israel and Iran that is now most likely irreversible. This showdown is what I have previously described as the worst case scenario that must be avoided at all costs. The consequences of which will be catastrophic for not just the Middle East, but the US and the rest of the world. As recently as August, news broke that could finally force Israel into unilateral action against Iran, which will pull the entire region and the US into war, collapse the already sick global economy, and usher in the New World Order.
The event I am speaking of is the Russian announcement that it will move forward with the transfer of S-300 Air Defense Systems to Iran. These sophisticated air defense systems are capable of detecting and successfully interdicting aircraft flown by the Israeli Air Force (IAF) as well as ballistic missiles, drones, and cruise missiles. The potency of this air defense system will alternate the current military balance of the region and has Israel on edge. Read more
As I warned on Monday, all of the signs and conditions for the markets to begin their crash were in place. I specifically said to watch China, Greece, oil, and bonds. As of today, the markets were a disaster. Even after substantial intervention by central banks, the markets are still crashing globally. This has the potential to spiral out of control very quickly as the Chinese stock market has already lost nearly 40% of its value erasing trillions in a matter of hours. As such, it appears the central planners are losing the ability to manipulate markets higher. The market conditions now are pointing to a severe market correction and everyone should take action to protect any wealth they have managed to accumulate or risk major losses over the next 48 hours. Ominously, this crash is also being used to provoke a war with the Chinese to distract the population from the fact our leaders have criminally obliterated the US economy.
Most consequential at the moment, it appears the central planners in China have so far been unable to stabilize their markets and halt the collapse in their stock market. I noted this would be a key factor to monitor this week as an indication of whether or not the markets were going to move toward correction. Read more
Over the last two weeks, major movements have been taking place economically across the globe. These events are moving international markets into “correction” territory, but cumulatively, could quickly spiral into a global meltdown of markets. Although, the US hasn’t reached critical mass and may actually experience a short term strengthening of markets as international markets flee to the US for safety; the signs of a major crash are now flashing red. What should you look for and what can you do?
Four major places to watch right now are Greece/European Union (EU), China, oil, and bonds. Greece has the potential to start a ripple effect against austerity across the EU triggering a banking run, panic, and global losses. This could unhinge the massive derivatives market and alone cause a global economic collapse. China is so big now that the recent losses in their market will spread globally this week if the losses are not stabilized. Any major downturn in China’s economy will further increase the already saturated oil market driving the price per barrel even lower. If oil continues to drop and stay low, US oil producing states will feel this the hardest, which will sharply increase US unemployment numbers. The loss of high paying jobs will throw even the totally fudged US financial numbers clearly back into recession territory and drag the world back down with it. Finally, the bond market has seen a liquidity crunch that likely will only get worse. If governments can’t manage to keep their bond yields low, the already massive debt loads (and payments on interest) these nations are carrying will explode and force them into financial crises far worse than anything Greece is facing.
Presently, the situation in Greece is very serious. Read more