Europe, China, Japan and the New World Order

KENT NISHIMURA/GETTY IMAGES, SEAN GALLUP/GETTY IMAGES, MATT CARDY/GETTY IMAGES

 

A stunning fulfillment of a specific Bible prophecy

We are witnessing a shift in the world order that happens only once in a generation. The global system of alliances is being shaken. Such turmoil usually indicates a massive shift in global power. These shifts often trigger major wars.

For most of the 19th century, Britain’s top enemy was Russia. Britain’s whole system of alliances was built to isolate and oppose Russian power. But at the turn of the century, other powers were rising, most notably Germany. This development triggered a complete shake-up. Russia veered from enemy to ally in 1907. World War i followed on the heels of this upheaval.

That shift in alliances did not cause World War i. But it was a symptom of some of the other long-term causes. Continue reading

Greece made a “Sacrificial Lamb” by German-Dominated EU

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EU’s currency policy causing huge damage.

Greece has been warned by the EU not to mention its money troubles at a leader’s summit next week, suggesting the country is set to suffer more austerity while EU bosses try to ignore the problem. Greece’s Economic Minister has hit back, claiming that the country is being made a “sacrificial  lamb”.

Germany appears to be the hardliners behind the stance, saying that Greece’s finances have to be dealt with by Eurogroup, a meeting of each countries Finance Ministers, but Greek Prime Minister, Alexis Tsipras, believes a solution is needed higher up. Continue reading

Paris Attacks Reveal the Outlines of a New Europe

A smaller EU with its own army can already be seen on the horizon.

“Europe will be forged in crises and will be the sum of the solutions adopted for those crises.” Those famous words from one of the European Union’s founding fathers, Jean Monnet, explain much of what is happening in Europe. The economic crisis is forcing the political union that EU leaders could not get voters to agree to. And now, in the aftermath of the Paris attacks, new, major changes are afoot.

Externally, Europe is being forced into the Middle East. France’s decision to invoke the EU’s self-defense clause instead of nato’s will have major implications for the union’s defense arrangement. Continue reading

Greek Deposits Become Eligible For Bail-In On January 1, 2016

The last few nails in the coffin are being driven in by the German-led Troika and soon Greece will be in 100% vassal state mode.

 

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Earlier today, tucked away from the public’s eyes, there was another round of drama involving Greek securities this time focused on Greek senior bank bonds which promptly tumbled back to post-referendum/pre-bailout #3 levels.

The catalyst was Friday’s pronouncement by Jeroen Dijsselbloem who said depositors will be shielded from any losses resulting from the restructuring of the nation’s financial system, but that senior bondholders would certainly be impaired and probably wiped out. In other words, once again the super priority of various classes has been flipped on its head with general unsecured liabilities ending up senior to, well, senior bank claims. Continue reading

The Brussels Agreement

BERLIN/ROME/PARIS (Own report) – In several western and southern European countries, the agreement on Greece reached in Brussels signals a looming collapse of the continental post-war order and Germany’s revival as an ostentatious dictatorial power. Whereas social-democratic observers do not exclude an attenuation of the contradictions, southern European conservative media are among those who speak of a revival of German hegemonic ambitions, which had largely determined or triggered the First and Second World Wars. The consequences of the French-Italian submission during negotiations in Brussels are generating those fears, because Paris had not succeeded to and Rome had not even seriously attempted to thwart the German dictates of sovereignty over Greece. Both, Italy and France are aware of the dangers of becoming the next victim of German financial dictatorship. They are competing for admission in a northern European core Europe, whose membership will be decided by Berlin, in the case of a possible collapse of the European Union. Current events are directly linked to German foreign policy endeavors in the 1990s and the territorial expansion of Germany’s economic basis through the so-called reunification.

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Collapse of Greece is Part of German Plan to Change Eurozone – Varoufakis

German Finance Minister Wolfgang Schäuble has an ambitious plan to change the European Monetary Union and the collapse of Greece was part of it, former Greek Finance Minister Yanis Varoufakis wrote in an article.

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Varoufakis: Greek Deal Is “Coup”, Turns Greece Into “Vassal” State, And Deals “Decisive Blow” To European Project

For those curious to know what Yanis thinks about the deal, below are some “impressionistic thoughts” from the man himself. Highlights include the characterization of the Greek deal as a “decisive blow against the Euorpean project”, a “statement confirming that Greece acquiesces to becoming a vassal of the Eurogroup”, and the “culmination of a coup”.*  *  *

On the Euro Summit’s Statement on Greece: First thoughts via Yanis Varoufakis

In the next hours and days, I shall be sitting in Parliament to assess the legislation that is part of the recent Euro Summit agreement on Greece. I am also looking forward to hearing in person from my comrades, Alexis Tsipras and Euclid Tsakalotos, who have been through so much over the past few days. Till then, I shall reserve judgment regarding the legislation before us. Meanwhile, here are some first, impressionistic thoughts stirred up by the Euro Summit’s Statement. Continue reading

EU Exit Will Now Be “Threat To Those Who Don’t Behave The German Way,” BofA Says

While the Greek “compromise” deal may have averted an outright economic collapse in Greece in the short-term (although one would be hard pressed to describe the current situation on the ground as anything other than a depression) and may for the time being allow EU officials to cling to the notion that the euro is “indissoluble,” the fraught negotiations that took place over the weekend in Brussels laid bare for all to see the unbridgeable gap between EMU nations.

If there were any doubts about who runs the show, German FinMin Wolfgang Schaeuble erased them on Sunday by pushing through a term sheet that effectively strips Greece of its sovereignty on the way to seizing state assets and relegates its people to perpetual debt servitude. If this is the meaning of a currency “union”, it’s not entirely clear why any state would want to be a part of it. Continue reading

Varoufakis: Eurogroup ‘Completely and Utterly’ Controlled by Germany

Although he’s as corrupt as the rest of them, to be fair, he is correct about Germany and France. Germany runs the continent and France tows the line, as it has been scared into towing the line.

 

MOSCOW (Sputnik) — The Eurogroup, which has been negotiating with Athens over the past few weeks to resolve the Greek debt crisis, is dancing to the tune of Germany and is completely controlled by Germany and its Finance Minister Wolfgang Schauble, Greek former Finance Minister Yanis Varoufakis said Monday in his first interview since surprise resignation.

“It is all like a very well-tuned orchestra and he [Schauble] is the director. Everything happens in tune. There will be times when the orchestra is out of tune, but he convenes and puts it back in line,” the outspoken finance minister told the New Statesman magazine.

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Greek crisis: surrender fiscal sovereignty in return for bailout, Merkel tells Tsipras

Are you starting to see the bigger picture yet? Yesterday it was Cyprus, today it’s Greece. Tomorrow it could be France, Italy and Spain.

 

You have not anchored Germany to Europe,… You have anchored Europe to a newly dominant, unified Germany. In the end, my friends, you’ll find it will not work.

– Margaret Thatcher

The Fourth Reich has landed.

 

German and French leaders press Greek leader for guarantees over austerity measures in what an EU official describes as ‘extensive mental waterboarding’

European leaders have confronted the Greek government with a draconian package of austerity measures entailing a surrender of fiscal sovereignty as the price of avoiding financial collapse and being ejected from the single currency bloc.

A weekend of high tension that threatened to break Europe in two climaxed on Sunday night at a summit of eurozone leaders in Brussels where the German chancellor, Angela Merkel, and President François Hollande of France presented Greece’s radical prime minister, Alexis Tsipras, with an ultimatum. Continue reading

EU Demands Complete Capitulation From Tsipras

European leaders gave Greek Prime Minister Alexis Tsipras a straightforward choice: ditch his principles or quit the euro.

Tsipras was presented with a laundry list of unfinished business from Greece’s previous bailouts at an emergency summit that stretched in its 14th hour by 5:59 a.m. Monday in Brussels. Euro-area chiefs gave Tsipras three days to enact their main demands to keep alive chances of adding bailout funds of as much as 86 billion euros ($96 billion) to earlier commitments of 240 billion euros.

With Greece running out of money and its banks shut the past two weeks, the gathering was billed as the country’s last chance to stay in the euro. Tsipras, who says he wants to keep Greece in the currency union, has been in financial limbo since his government missed a payment to the International Monetary Fund and allowed its second rescue package to lapse on June 30. Continue reading

Austerity or Democracy

ATHENS/BERLIN (Own report) – At Berlin’s insistence, Greece will not receive debt relief and will be forced to submit – contrary to the Greek population’s “No” last Sunday – to Germany’s austerity dictate, or exit the Eurozone. This is what the Eurogroup decided at its summit yesterday evening. Debt relief, as French Prime Minister Manuel Valls had been still considering yesterday afternoon, is out of the question, announced German Chancellor Angela Merkel following the meeting in Brussels. Athens will also have to present detailed austerity proposals by Thursday. European Commission President Jean-Claude Juncker explicitly declared, “if the Greek government is not doing what we expect” a “Grexit” will be initiated. According to insiders, cash will be available at Greek banks only for another two days. By withholding ECB emergency funding, Greece can be driven into collapse, at any time. Just prior to the summit, leading economists signed an appeal to Chancellor Merkel, asking her to stop the “never-ending austerity” – to no avail. In the meantime, even Washington has intervened in the debate. A special EU summit, convened for Sunday, will take the final decision on Greece’s future.

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Yanis Reveals EU Denial of Any Right of the People to Vote

And guess who’s pulling the strings? None other than Germany’s Fourth Reich that runs the Troika.

 

Greece’s Finance Minister Yanis Varoufakis has come out to reveal the quite shocking and anti-democratic events that took place during the last Eurogroup meeting. First, they do hate Yanis’ guts, for he understands far more about the economy than anyone in Brussels. At their demand, any further discussions will be without him. What led to the EU breaking off was exactly what we reported previously — they do not want any member state to EVER allow the people to vote on the euro. Brussels has become a DICTATORSHIP and is so arrogant without any just cause, believing that they know better than the people. Continue reading

Greece blinks first: Broke nation finally bows to EU demands for austerity measures

In a showdown over the fate of Greece, Europe’s most powerful figures have descended on Brussels to make a long overdue decision over a bailout package for Athens in crisis talks this evening.

The move raised hopes that an imminent Greek exit from the euro could be averted by an agreement to continue international bailout funding for a further six months.

In a statement the Eurogroup said: “The Eurogroup broadly welcomed a new version of the reform plan submitted by the Greek authorities this morning, before the Eurogroup meeting, and considered it to be a positive step in the process.”

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ECB not sure if Greek banks will open Monday as outflows hit 2 billion euros in just three days

LUXEMBOURG — The European Central Bank told a meeting of euro zone finance ministers on Thursday that it was not sure if Greek banks, which have been suffering large daily deposit outflows, would be able to open on Monday, officials with knowledge of the talks said.

Greek savers have withdrawn about 2 billion euros from banks over the past three days, with outflows accelerating rapidly since talks between the government and its creditors collapsed at the weekend, banking sources told Reuters. Continue reading