Posts Tagged ‘End of empire’
Posted by seumasach on November 30, 2013
Posted by seumasach on November 13, 2013
12th November, 2013
Should Washington’s decision to interrupt it’s financial aid to Egypt, following General Al-Sissi’scoup d’état, be interpreted as the application of the law banning financial support to political regimes having ascended to power by violating the constitution, or as a consequences of it’s failing economy. This is the question that Thierry Messan had raised in our columns . If the second hypothesis is correct, then the interruption of U.S. subsidies is comparable to the end of the USSR’s subsidies to its allies, which foreshadowed the fall of the Berlin wall, followed by the collapse of the USSR and the triumph of the United-States.
Posted by seumasach on October 13, 2013
13th October, 2013
Writing recently in the Guardian John Pilger couldn’t have been more dismissive of US peace overtures to Syria and Iran:
“John Kerry’s farce and Barack Obama’s pirouettes are temporary. Russia’s peace deal over chemical weapons will, in time, be treated with the contempt that all militarists reserve for diplomacy. With al-Qaida now among its allies, and US-armed coupmasters secure in Cairo, the US intends to crush the last independent states in the Middle East: Syria first, then Iran.”
Posted by seumasach on October 13, 2013
America’s biggest banks are now in a position to go bust without state intervention, the Bank of England’s deputy governor declares
12th October, 2013
The deputy governor of the Bank of England has declared an end to the era of taxpayer bail-outs for the world’s giant lenders.
Posted by seumasach on September 29, 2013
25th September, 2013
The USTreasury Bond market breakdown is in progress, all part of the general USDollar global rejection that is taking the world by storm. Of course, residents inside the US Dome do not notice, since they only perceive it as the native currency. From conversations with common folk, discussions with investor types, and general observations for over 20 years, the Jackass belief is that only 5% to 10% of Americans are aware that the USDollar serves as a global financial instrument in contracts, the basis for trade settlement (mostly crude oil), with some extremely important consequences. A major development has begun, much like a metabolic life support system in concert with the Interest Rate Swap derivative contract. For two years or more, the USTreasury Bond market has been deeply dependent upon artificial demand derived from the derivatives. Entire bond rallies have been fabricated with 50:1 leverage, fully supported by the financial network propaganda. Without derivative flying buttress support, the giant USTBond Tower would have collapsed a couple of years ago. Now a new support system has been begun, a dangerous musical chairs long entrenched in the stock market. It has entered the bond market finally. Flash Trading!!
Posted by seumasach on August 22, 2013
We Are Now On The Verge Of A Historic Meltdown & Collapse
20th August, 2013
Posted by seumasach on June 23, 2013
[The alternative to rising interest rates is more money printing culminating in dollar collapse. As it is China may continue to support bond markets as part of deepening US-China partnership: China will help rebuild US economy, US will abandon hegemonic pretensions and call off its attack dogs enabling demilitarization, the peace dividend. Possibly a revalued dollar could be incorporated into new global monetary system.]
“If The Yield Goes Significantly Higher The Market Is Going To Freak Out”
21st June, 2013
If yields on U.S. Treasury bonds keep rising, things are going to get very messy. As I write this, the yield on 10 year U.S. Treasures has risen to 2.51 percent. If that keeps going up, it is going to be like a mile wide lawnmower blade devastating everything in its path.
Posted by seumasach on June 21, 2013
QE is unsustainable. As Michael Hudson said, it is a declaration of war against the rest of the world bringing inflation and instability almost everywhere. Its end heralds the crash, the writing off of the totally bankrupt financial sector and the beginning of reconstruction within a global, multipolar framework.
Violent sell-off in world markets after Federal Reserve signals end to QE
20th June, 2013
Stock markets worldwide plummeted on Thursday, after theFederal Reserve chairman, Ben Bernanke, rattled investors by signalling an end to America’s drastic recession-busting policy of quantitative easing.
Posted by seumasach on May 19, 2013
18th May, 2013
The Turkish prime minister Recep Erdogan’s visit to Washington on Thursday was expected to put pressure on the Obama administration to take a tougher stance against the Syrian regime. Erdogan was quoted as seeking the imposition of a US-led ‘no-fly-zone’ in Syria and increased arms supplies to the rebel fighters. In the event, however, Obama stood his ground and insisted there is no “magic formula” to resolve the crisis. Of course, he couched the rebuff in extravagant diplomatic niceties during the joint press conference in the White House, but it was a rebuff nonetheless.
Posted by seumasach on May 15, 2013
13th May, 2013
The tempo of events in Syria has accelerated in recent weeks. The government forces have scored significant battlefield victories over the rebels, and this has provoked a mixture of war provocations and peace offers from the U.S. and its anti-Assad allies.
Posted by seumasach on May 11, 2013
We’ve now seen the Syrian national army enjoying some significant success in the last few weeks in taking back rebel-held areas of the country. I think this has produced panic, actually, in Washington, London and Paris, which is why David Cameron has been so keen to fly to Russia to meet with Vladimir Putin.”
Well, at least panic in London and Paris, to say nothing of Doha and Riyadh.Yes, this is prudent of Cameron to jump onboard the peace process already initiated by Obama and Putin- better late than never. For appearances he continues to stress “that there was “no secret” that the two sides still had “differing views on how best to handle this situation.”” However, the “Assad must go” mantra which we have heard ad infititum over the last two years is being dropped and governance in Syria is being seen as the prerogative of the Syrian people rather than Washington, Paris and London. It’s good to see the West embracing democracy for a change- Hilary must be turning in her political grave.
Russia, UK both interested in ending Syrian violence – Putin
19th May, 2013
Despite having a different approach to Syria, Russia and UK share an interest in preserving the country’s territorial integrity and sovereignty, Vladimir Putin said after talks with British Prime Minister David Cameron in Sochi.