On Aug. 15, a financial analyst and former head trader at the Royal Bank of Scotland was a guest on the respected Hagmann and Hagmann Report radio show. Known in the public sphere under the pseudonym of 'V', and labeling himself the Guerrilla Economist, this high level insider stated that things are so bad economically that starting a major world war to retain their diminishing power on the world stage is being seen as a good option for the leaders in Washington.
V, Guerrilla Economist: How do you explain the bonds moving from 2.6 to 2.82 in a matter of a week? We've tracked 5 or 6 Hindenburg events in just the last 5 trading days. Unprecedented! The liquidity that was never there is finally catching up.
We're in dire straits. And when you have the Russians checkmating us in Syria, about to checkmate us in Egypt... checkmating us on the world stage (G-20). And we have a President with the foreign policy experience of a 4th grader, who is completely in over his head on these matters...
We are being ushered and corralled into a situation where the nutcases who are in control in this country are going to start thinking that to hold onto their power so bad, that things are getting so unraveled, that starting a major world war is looking like a really good option to them. - Hagmann and Hagmann Report, Aug. 15
The Guerrilla economist's inference that perhaps the last and best option for the U.S., as it continues to be undermined by both foreign and domestic crises, is to instigate a global war to retain control of the reserve currency and their power on the global stage. Using war as a diversionary tactic in the face of domestic and economic unrest is not without precedence in the entirety of history. Nations and empires from the beginning of time have used war as a way to focus their populace away from domestic and economic problems, and a great example of this within the past 30 years was Argentina's war with Britain over the Falkland Islands, which was created to turn public unrest outwards towards a foreign entity while their economy lay in shambles.
For America, the stakes are much higher than Argentina's plight in the 1980's. Besides an economy that has languished with diminishing GDP over the past few quarters despite the Fed's infusion of nearly $1 trillion under QE3, their control over the world's reserve currency is front and center, and is threatening their ability to reign as a global superpower. And since America no longer has a real manufacturing base, verified gold reserves to support the dollar, or a labor pool fully employed to bring in new revenues, the only arrow remaining in the government's quiver is its superior military machine.
Over the past two years, the U.S. has been involved in nearly every conflict taking place in the Middle East, and President Obama has even created a policy last December where he is sending troops and drones to 35 African nations. Additionally, the funneling of weapons into countries like Libya and Syria to support Muslim extremist rebellions is the linchpin which might actually start World War III, as Russia makes its moves to meet the U.S. head on in both of these countries.
Steve Quayle: Never have we had the fundamentals for World War III in such effect, to such a degree, that we are hearing from all over the world that the tension factor is mounting, and with the fact that the United States foreign policy... probably close to 50 years that we've had with Egypt, is no longer in force.
The biggest news that will affect the metals market, and affect all of us, is that Russia has made available to the military government of Egypt, its entire military forces in any way, in any shape, and in any amount the Egyptian military would so desire. - Hagmann and Hagmann Report, Aug. 15
The efforts of the Federal Reserve in 2008 only staved off economic collapse for the Western economies after the banking and liquidity crisis, and five years later, these actions have helped create a much worse situation where debt, inflation, joblessness, and civil unrest is much greater and will have much more dire consequences. And in that time, nations like China, Russia, the BRICs, Iran, Syria, and now Egypt have rebelled against dollar hegemony, and the threat of a global conflict to keep both the reserve currency, and leaders in Washington in power, has never been closer since the Cuban Missile crisis of the 1960's.