Return to the Pentagon

(Shutterstock)

 

In my 2011 book, Currency Wars, I gave a detailed description of the first-ever financial war game sponsored by the Department of Defense.

This financial war game took place in 2009 at the top-secret Applied Physics Laboratory located about twenty miles north of Washington, D.C. in the Maryland countryside.

Unlike typical war games, the “rules of engagement” for this financial exercise did not permit the use of any kinetic weapons such as bombs, missiles or drones.

The only weapons allowed were financial instrument including stocks, bonds, currencies, commodities and derivatives.

Is the West Finally Waking up to Reality? Is it Too Late?

When we first started writing this Blog in 2011, few ever considered economic warfare. When we pointed out Vladimir Putin’s threats against the dollar, few paid attention. When we explained the risk of EMP, few cared to listen. When we stated that World War 3 could be around the corner, few understood. But, over the past weeks we have seen a slow recognition of these realities. The unfortunate thing is that this recognition is only beginning. And the threat is escalating quickly.

Here are some of the headlines and excerpts from four critical articles over the past week. The first from Ambrose Evans-Pritchard explains the reality of economic warfare:

US financial showdown with Russia is more dangerous than it looks, for both sides

Is Shariah Compliant Finance a Secret Weapon?

Shariah Compliant Funds are among the fastest growing pools of wealth on the planet representing about $1 trillion, not including major Sovereign Wealth Funds that loosely conform to Shariah principles. Even Goldman Sachs has joined the party, offering a $2.2 billion Shariah Compliant bond issue announced last September. The problem is that Iran is the world’s leader in Shariah Compliant investing, representing more than one-third of all Shariah assets. This is a concern in light of the economic war underway between Iran and the West. The second concern is that Shariah funds require mandatory payments that can be problematic.

Full article: Is Shariah Compliant Finance a Secret Weapon? (Global Economic Warfare)