Recently, I told you I was working on a special world currency report, with profit recommendations for a large basket of currencies.
The simplest way to do this is to start with the Big Five. These major currencies serve as the “drivers” for the minor ones. In my upcoming Part 2, I’ll tell you which of the minor currencies (like the Aussie dollar or the Swiss franc) are tied to which of the major ones, how that impacts their direction, and how you can profit.
THE European financial powerhouse could be facing a huge financial crisis which would have devastating implications for Britain as a lethal storm of economic problems brews in Germany.
Germany’s industrial production has slipped to ZERO per cent and customer confidence has plummeted in just part of a catalogue of disasters for Chancellor Angela Merkel.
A fall in Germany’s prosperity could drag the eurozone down with it – a scenario becoming more likely amid growing signs of the country’s slowdown.
The periphery scenario keeps coming back. On another note, this isn’t the first time warning trumpets have been sounded over Spain or Italy. You can find more information on them HERE and HERE. And while we’re at it, lets not forget about our friends in France, either.
“As long as it’s just Greece, then I think the consequences for the United States will be very limited, and that’s because the US market already have factored in, that they’ve priced in a high probability of Greek exit,” Institute for Economic Affairs Deputy Editorial Director Richard Wellings in London said on Thursday.
One does not go to Harvard, obtain a law degree, become a professor… then make 500 mistakes in a row in the course of almost (only) four years and get to claim incompetence. Having said this, to the contrary of having an incompetent in the White House as the author puts it, Obama comes off as quite purposeful and methodical — and it proves difficult to claim otherwise. Being called and believed to be an idiot makes for great cover, and grants more leverage in continuing to make more “mistakes”.
This latest split underscores the point of his well-thought planning. In this case, the purpose on reneging on partnership with Israel is (at least) four-fold:
1. Obama won’t be labeled a collaborator should Israel strike first.
2. Abandonment puts Israel, feeling its entire existence is at stake, in a dangerous position needing to strike first — therefore looking like the “bad guy” and the cause of all the worlds ills in the wake of destruction from the domino effect likely setting the entire Middle Eastern region on fire.
3. With the threat from Iran that an attack from Israel is the same as an attack from the United States, an Israeli first strike would indeed drag the US into the fold. The crucial point here is that the US will have pre-positioned itself in a “defensive” position that now justifies an American strike on Iran.
4. Whatever the catalyst for war may be, which seems to be right around the corner, Obama will have gained sufficient political leverage he has always wanted over the tiny Jewish state. As one article puts it, should he be re-elected — and with or without war, he will make them pay.
GOP candidate for President Mitt Romney released the following statement in response to the actions of Obama and the democratic party:
“It is unfortunate that the entire Democratic Party has embraced President Obama’s shameful refusal to acknowledge that Jerusalem is Israel’s capital. Four years of President Obama’s repeated attempts to create distance between the United States and our cherished ally have led the Democratic Party to remove from their platform an unequivocal acknowledgment of a simple reality. As president, I will restore our relationship with Israel and stand shoulder to shoulder with our close ally.”
So. The damage has been done and a price will be exacted.
Obama, in league with Comrade Putin of Russia, has made sure that Iran will acquire a nuclear weapon. In turn, they have also assured that Israel WILL attack Iran. The only question now, for this scribe, is whether Israel will feel the need to employ their substantial nuclear arsenal against the nuclear facilities of Iran. I mean—tactical or strategic nukes could be substituted by Israel for the MOP (Massive Ordnance Penetrator) deep depth bunker buster bombs the Obama Administration has refused them.
Far from deterring Israel, Obama has all but assured there WILL be a confrontation between Israel and Iran, which will, in all likelihood, envelope the entire Middle East and surely draw the US into the fray within days—if not hours.
This act of utter lunacy on the part of Obama—AND the Democratic Party—may very well be the spark that ignites the region in nuclear war.
Not since the Carter Administration has America had such an incompetent in the White House. His incompetence may now cost the lives of untold thousands, even hundreds of thousands, of Middle Easterners—as well as US military personnel.
It is a well known fact that a man, backed against a wall with is life in imminent danger, will fight more fiercely. He will use whatever means, anything he can lay his hands on, to defend and preserve his life. Israel is that man with his back against the wall fighting for his life.
Full article: Will Israel Nuke Iran? (Canada Free Press)