Change is coming
whether they want it or not.
France’s new president, globalist darling and Rothschild puppet Emmanuel Macron, stole France’s Parliamentary election, giving his slave regime the appearance of popular support. The French Rothschild regime is protecting their interests, even as Wikileaks has recently revealed evidence that NATO’s plot to overthrow Gaddafi was fuelled by first their desire to quash the gold-backed African currency, and second the Libyan oil reserves, because Gadaffi’s plan to issue a gold-backed dinar threatened their control of French Africa.
Sadly, Gaddafi had earlier warned Europe, in a “prophetic” phone conversation with Blair, that his fall would prompt the rise of Islamic extremism in the West, a warning that would go unheeded; what are a few lives in France and Libya worth after all, if the larger goal lines the pockets of politicians and the elite so much?
A French staged robbery of gold mines in Mali came under renewed attack recently, as French troops and a 10,000-strong force of UN peacekeepers have been battling to stabilise the former French colony.
Macron engaged in verbal tough contest:
Macron’s first public appearance in Brussels at official EU level was “not very encouraging”. Hungarian Prime Minister Victor Orban has slammed the French president over what he terms inappropriate conduct after Emmanuel Macron criticised Eastern Europe for a ‘lack of solidarity’ and ‘cynicism’ in dealing with the refugee crisis.
The EU-cracks have become visible:
Fact is, many EU-nations clearly resist the directives of the unelected dictatorship in Brussels, because of the renewed Russian sanctions that were almost automatically extended, costing many needed jobs, the mass immigration of refugees with the dictated far too high quotas. Merkel’s austerity measures and refugee promotion, resulting in more terrorism. As no sensible solutions came forward, countries are uniting, and cooperating independently from Brussels, by creating their own answer. Thanks to the many vocal initiatives from Victor Orban, six countries, Hungary, Austria, Slovenia, Slovakia, Czechia, and Croatia are now establishing their own shared borders, mirroring the Austro-Hungarian Empire from 100-years ago.
This must be another blow in the face of the Rothschild steered illuminati, who just had appointed Emmanuel Macron to keep the European Union together. Macron’s victory gave the unelected dictators in Brussels a short-term boost.
While some of Europe’s highly contentious elections have passed. So, the political elites in Brussels are breathing a sigh of relief. But did these elections really change anything?
Definitely, it has not changed the fundamental problems within the artificial EU Mega-State. The European Union was built on a foundation of quicksand, doomed to fail from the very beginning, and it is now on the road to destruction. The various election results haven’t changed a thing. It is unlikely the EU of tomorrow will look anything like the past. It is far more likely to splinter and eventually resemble the map that reveals what Europe would look like if all its current separatist movements were to succeed. Most European voters meanwhile, have learned that super state governments do not respect or represent the people. Small is beautiful, with a governing body that respects the people and knows it stands in service to the people, which is in shrill in contrast to the Brussels dictatorship.
Into a dead end:
The latest anti-Russian sanctions imposed by the EU are hurting the EU more than the actual target, a senior Russian politician has concluded, also warning that the new round of restrictions was leading the EU into a dead end.
Meanwhile, EU leaders have officially confirmed their decision to extend sanctions against Russia over Crimea and Eastern Ukraine for another six months, the President of the European Council Donald Tusk announced during a European leaders summit in Brussels.
The most violent economic shock in history:
The EU is the largest single economy in the world, significantly bigger than the U.S., China, and Japan. The euro currency is the second most widely held currency in the world. Financial chaos in Europe means financial chaos worldwide.
The Financial Times commented on what would happen if the EU were to collapse:
It would probably lead to the most violent economic shock in history, dwarfing the Lehman Brothers bankruptcy in 2008 and the 1929 Wall Street crash.
A crisis in Europe would send a lethal lightning bolt through the world’s currency and stock markets. Unparalleled economic turmoil, far worse than 2008, could follow.
The EU-countries have big differences in language, religion, culture, and in standards of living from one country to the next. The reality is, as history has proven time and time again, artificial political constructs never last. The EU may be great for the political elites in Brussels, but it’s not so great for the average citizens, especially in countries like Greece, Portugal Spain, and Italy. As a result, those kinds of social welfare states simply can’t be sustained any longer.
Economically, the news keeps getting worse. In fact, Europe is ground zero for a coming debt-default disaster of epic proportions. The financial system depends completely on money printing by the ECB. ECB President Mario Draghi recently announced the central bank will hold interest rates at 0.0% and will extend its quantitative-easing program, of at least €80 billion/month. Europe just can’t generate the growth that it needs to shut down those printing presses.
Italy is Europe’s weakest link:
Italy has one of the most indebted governments in the world. It has borrowed over $2.4 trillion. Its debt-to-GDP ratio is over 130%. By comparison, the US debt-to-GDP ratio stands at 104%. But the situation is actually even much worse.
GDP measures a country’s economic output. But it’s highly misleading. Mainstream economists include government spending as a positive when calculating GDP. A more honest approach would be to count it as a big negative. In Italy, government spending accounts for a whopping 50%-plus of GDP. Remove that from the equation and don’t expect the situation to be any better. The Italian government is hopelessly insolvent. In other words, Italy is irreparably bankrupt. There is no way it could possibly extract enough in taxes from the productive part of the economy to ever pay back what it has borrowed.
The ECB has been printing money to buy Italian government bonds in large amounts. According to a recent study; since 2008, the ECB and Italian banks have bought over 88% of Italian government debt. This means that Italy’s financial system depends completely on ECB money printing.
Italian government bonds are, without a doubt, in super-bubble territory. It won’t be long before a pin pricks this bubble and causes it to pop. That could happen very soon. Recently, credit rating agency Fitch downgraded Italy’s credit rating from BBB+ to BBB.
Alice in Wonderland economy:
Over € 1 trillion worth of Italian bonds actually have negative yields. It’s a bizarre and distorted situation. Lending money to the bankrupt Italian government carries huge risks. So the yields on Italian government bonds should be near record highs, not record lows. Negative yields should not exist in a free market. They’re only possible in the current “Alice in Wonderland” economy, created by central bankers. As Mario Draghi, the head of the ECB recently announced, after five years of maniacally printing money, he has finally achieved his fallacious goal of 2% inflation.
Now that the ECB has reached its 2% inflation target, Germany and other EU countries are pushing the central bank to stop printing so much money. This is very bad news for Italy’s government and banking system. Once the ECB—the sole large buyer—steps away, Italian government bonds will crash and rates will soar.
Soon it will be impossible for the Italian government to finance itself.
Italian banks—which are already insolvent—will be decimated. They hold an estimated €235 billion worth of Italian government bonds. So the coming bond crash will pummel their balance sheets. It’s shaping up to be a perfect train wreck, spawning a full-blown crisis in Europe.
To make matters worse, the U.K. electorate delivered a “hung Parliament” to Conservative Prime Minister Theresa May. Now she must deal with legislature controlled by the opposition Labour Party that creates more uncertainty surrounding the U.K.’s exit from the EU. Most likely it will delay negotiations with the EU, increase the risk of a disorderly Brexit and bring in a period of heightened political uncertainty. The Brexit negotiations were set to begin on June 19, last. But they might have to be postponed. And that means the U.K. may be faced with weaker growth, as uncertainty increases.
All these elections give the EU a sense of false hope. Macron’s idea of federalising Europe will never happen.
The recent election results did not send the European Union on a path toward recovery. The fundamental flaws that have existed since the beginning still hold true today. It’s not a matter of “if” the European Union will fail, it’s simply a matter of “when.”
European voters – in the Netherlands, the U.K., Italy, and in France, wanted to vote for something different, to say “goodbye” to the troubled European Union and the situation becomes even more dire when the growing migrant crisis is added to the already sinking EU-ship. In the most colossal migrant wave since World War II, Europe took in over 1.2 million people in 2015. A quarter of a million came in 2016. And that number still is climbing.
The majority of these refugees come from the war-torn countries of Syria, Iraq, and Afghanistan. And many come from sub-Saharan Africa. So they flee terrible situations, but some also pose a considerable security risk in Europe. All of this adds up to a potent mix of fear, economic uncertainty, and difficult day-to-day life for Europeans. In many ways, they’re witnessing their very cultures radically being changed, while they have no control over it. So it’s really no surprise that the very foundation of the EU continues to crumble.
Change to Believe in:
Markets don’t stop just because the elite-insiders want them to stop; markets react to the public spectacle, but they follow deeper currents, too.
Debts don’t shrink just because these cannot be paid. And the future doesn’t wait just because people aren’t ready for it. Change happens whether you want it or not.
Sometime soon – most likely before the end of the year, the weight of debt, lies, delusions, and chaos is going to cause the floor to cave in. When that happens, all of a sudden, people are going to lose interest in the spectacle whether Russia meddled in a French or even U.S. election that never really matters anyway. Instead, all eyes will turn to the crashing markets. The Dow will be cut in half. The big banks, considered too big to fail, will fail anyway. People who have bought shares and bonds to be “in the market” will want to be “out of the market.”
And then, the cry for help will go up to the governments and the Central Banks;
“Do something! Save us! Come to the rescue!”
And to the rescue they will come! But how? With short-term interest rates already near zero, with the Central Banks already holding more than over €4 trillion in government bonds on its balance sheet, with the budget deficit already set to rise over the next 10 years, what can they do? You may have already guessed the answer! They’ll Print more money!
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