Will Donald Trump Make Germany Great Again?

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German ‘Bundeswehr’ army soldiers pictured at the training ground during the preparations of the ‘Landoperationen 2017’ military exercise in Munster, Germany, (Philipp Schulze/picture alliance via Getty Images)

 

The U.S. president wants Germany to be the world’s third-largest military spender.

United States President Donald Trump agrees a lot with the Trumpet when it comes to world news. Certainly not always. But consider his recent trip to Europe.

He warned that Germany was too close to Russia. Last year we called that alliance “The Russian Alliance You Really Have to Worry About.” He said that Europe is attacking America on trade. Ten years ago, Trumpet editor in chief Gerald Flurry warned that Europe was waging “a quiet but concerted war on American commerce.” President Trump complains that the U.S. spends billions defending Europe. In the 1950s, Herbert W. Armstrong warned that “in spending unprecedented billions of your dollars and mine—tax dollars—preparing Germany and Europe for defense,” America was making a huge mistake.

A few weeks ago, someone wrote in to ask me why I’m so pro-Trump. This is not about being pro-Trump or anti-Trump. We are saying what we have always said—he just happens to be saying it too.

So there was a lot to like about his Europe trip. But there is also a major danger.

Donald Trump’s Europe trip could be a milestone in making Germany great again, and in turning Germany against America. Continue reading

Geopolitical crisis : A moribund NATO

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As we have explained on other occasions, NATO is still there, of course, but only because there are no better options at hand. Everyone wants to be rid of it – the Europeans who want a common European defence[1] and Donald Trump who wants Europeans to participate more in their own defence. They are all contributing to a slow process in which NATO continues to get in the way whilst Europeans dither between several strategies:

  • To increase their share[2] and thus acquire an equal say with that of the US within NATO (with the long-term aim of separating off to form a European NATO[3]). Problem: For this strategy to have a chance of success, much greater cohesion is needed in the European camp – something that is still a long way off at the moment. Continue reading

Germans Actually Want US Troops Out Of Germany, Poll Finds

While Donald Trump is 100% correct on Germany being controlled by Russia, it’s not a 100% influence over Germany… and he’s also unwittingly helping someone else fill in the vacuum of a post-American-protected Europe. Europeans have already longed for the day American troops leave Europe, long before this poll ever came out. The question is who will fill that vacuum. The likely answer is a European Army replacing NATO, which is already Under Construction as we speak.

There may be partnerships going on between Europe and Russia, but Europe, militarily speaking, understands the need for its own independent defense mechanism and still feels threatened by Russia despite energy and business deals. Moreover, this is not necessarily something thought of by EU members as a whole, but Germany. Germany is the powerhouse of the EU and has always had ambitions to take Europe — even in this new generation. It dictates its policy and those who don’t follow end up being vassal states like Greece and Cyprus. Although harder to push around, Italy is the next target for the chopping block after the election of an anti-EU leadership. This is Germany’s way of getting member states in sync.

The creation of a new superpower is underway, all lead by Berlin’s Fourth Reich. If you’re still looking for Nazis, you’re 70 years too late. The game plan has changed, but the goal remains the same: A multi-national United States of Europe with its own European Army.

 

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Map source: Wikimedia Commons

 

A central irony behind Trump’s rumored “threat” that he could withdraw or at least greatly reduce American troops stationed in Germany, who last month wrote to Angela Merkel of “growing frustration in the United States that some allies have not stepped up as promised” on defense spending, is that Germans don’t actually want US troops on their soil to begin with, according to a new poll. Continue reading

Europe Cannot Cope With Any Further Armed Conflict On The Continent

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European leaders are not only unable to counteract the demographic crisis on the Old Continent, but are also losing ground in terms of defense. President Trump’s skepticism and reservation about the military ideas of European bureaucrats, Ankara’s increasingly aggressive actions towards Cyprus and Greece, and the rapprochement between Turkey and Russia highlight NATO’s weakness on the eve of its summit in Brussels.

Europe stands no chance if forced to face conflict on three fronts. Two of them are of conventional character: on the eastern flank, where there are continuous tensions with Russia, and in the Balkans near the border with Turkey. The third concerns the Mediterranean area, where young and strong men from Africa and Central Asia cross European borders with the support of a thousand people from the continent’s heartland. Europeans are also militarily involved in Afghanistan, Syria and take part in the growing conflict in Mali. Continue reading

Russell Napier: “Trade War Is The Beginning Of A New Global Monetary System”

A Country Matures, An Exchange Rate Declines

After two weeks on the road visiting clients your analyst returns with a better view of the consensus outlook. There is, though, much in the consensus to disagree with. In particular it seems peculiar that the consensus believes the democratically elected government of Italy, with policies entirely contrary to EU membership, will be put through the bureaucratic meat grinder in Rome and Brussels and turned into EU sausage, in a similar process that minced the political representatives of Greece.

While this might well be the case, it is hard to understand that the grinding destruction of this democracy, even if it is only moderate compared to the Greek experience, can be anything but bad for growth and asset prices in the EU. Disciplining these politicians to abandon their manifesto promises and follow the ways of the EU is highly unlikely to be a painless experience, either for Italy or the rest of the EU. Nonetheless, investors are content to believe that a painless disciplining of Italy’s elected representatives is all but inevitable. We shall see.

Perhaps the most prevailing consensus view is that the recent weakness of the RMB represents a Chinese counter-punch in the trade war with the US. Coming when it does, it is easy to see the accelerated decline of the RMB as a tactical and not a strategic move. Comments by the PBOC on July 3rd have probably reassured many investors that the managed exchange rate regime is not at risk and that the RMB will continue to be managed against a basket of currencies. Your analyst does not agree. Continue reading

Germany Has Made Over 3 Billion Profit From Greece’s Crisis Since 2010

Extorted, subjugated and conquered. Greece has been a German vassal state for years already.

 

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Germany has earned around 2.9 billion euros in profit from interest since the first bailout for Greece in 2010.

As KeepTalkingGreece reports, this is the official response of the Federal Government to a request submitted by the Green party in Berlin.

The profit was transmitted to the central Bundesbank and from there to the federal budget. Continue reading

Why Italians are fed up with Europe

Joep Bertrams

 

The rise to government of Eurosceptic parties is the consequence of austerity policies made in the name of cleaner public finances and of the euro convergence criteria.

Two Eurosceptic forces are now governing Italy. On one hand the 5-Star Movement, the anti-system party of Luigi de Maio founded by the humorist Beppe Grillo. On the other, far-right xenophobic Liga led by Matteo Salvini. How could this have happened? How did one of the European Union’s six founding members, host of Treaty of Rome in 1957, and for a long time the EU’s most Europhile country, give a parliamentary majority to groups so hostile to European integration? Continue reading

“Interfere!”

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ROME/BERLIN (Own report) – Following massive pressure from Berlin, Italy’s new government has renounced on appointing a well-known euroskeptic to become economy and finance minister. The renowned economist Paolo Savona must accept a less prominent post as Minister for European Affairs – above all because he criticizes Germany’s blatant policy of domination at the expense of the other euro zone countries. The far right Lega Nord is now almost as strongly represented in Rome’s government as the 5-Star Movement: Due to Germany’s open interference, Lega’s poll ratings have soared, thereby significantly increasing its political clout. In the run-up, German politicians and media had reactivated a tactic they had been using since the beginning of the euro crisis: With warnings of harsh financial market reactions, they fuel the fear of a crisis, thus applying even more pressure on Rome. According to German media with wide circulation, Italy’s policy “concerns all of us” – “Interfere!”

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Poland’s US Military Base Is More About China Than Russia

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Illustration Only

 

Poland is proposing to host a permanent US military base on its territory.

Poland wants to replace Germany as the US’ preferred partner in Europe, taking advantage of American distrust with Berlin over Nord Stream II and trade disagreements while capitalizing on the Pentagon’s desire to “contain” Russia, thus satisfying multiple strategic objectives at once. The Polish leadership believes that the region-wide “Three Seas Initiative” of 11 other Central and Eastern European states that it wants to lead is ideologically compatible with the Trump Administration’s anti-liberal populism and represents another strategic convergence with the US. Paradoxically, however, while Poland is striving to advance its national sovereignty, it’s nevertheless sacrificing it by wanting to host an American military base, which is why a deeper explanation of this proposal is necessary. Continue reading

Eurocracy

All roads continue to lead to Berlin, the powerhouse that runs and dictates Europe’s future. In this case, Berlin is spearheading an effort to keep Italy subjugated before an economic crisis (it’s already capitalizing off of) gets politically out of hand as it did in Greece, which is now a German vassal state. It’s Germany’s goal to create a United States of Europe and economic levers are but one tactic in harmonizing Europe how it sees fit in achieving that end.

 

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ROME/BERLIN (Own report) – Following massive complaints from Germany, Italy’s President Sergio Mattarella blocked a euroskeptic from becoming his country’s finance minister, appointing an IMF man – favored by Berlin – to be prime minister. The democratically elected 5-Star Movement (M5S) and the far-right Lega Nord majority’s opportunity to form a government was thereby denied. Euroskeptic Paolo Savona, a renowned career economist, was rejected because he could not have insured the maintenance of the EU’s common currency. Under his administration, resistance to Berlin’s austerity dictate could have been expected, whereas the newly appointed Prime Minster Carlo Cottarelli passed the test a few years ago as the Rome government’s austerity commissioner (“Mr. Scissors”). Savona’s nomination is the result of Italy’s growing euroskepticism, which, in the meantime, is also shared by other economists. “Germany profits, Italy loses” through the introduction of the euro, concludes Savona’s alternative candidate to the post of finance minister.

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Russia’s Navy Establishes Permanent Presence in Mediterranean Sea

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Russian President Vladimir Putin said a naval standing force, including warships with Kalibr long-range land attack cruise missiles, will be permanently deployed in the Mediterranean Sea. The statement was made at a meeting with top military officials and defense industry leaders that took place in Sochi on May 16. One of the missions is delivering strikes against terrorist targets in Syria. 102 expeditions of ships and submarines are planned in 2018. The force will go through intensive training.

The Russian Black Sea Fleet has become a much different force in comparison to what it was just three years ago. Since 2015, the year the operation in Syria was launched, it has received 15 new ships, including two frigates and six conventional submarines armed with Kalibr cruise missiles. With S-400 and S-300V4 air defense systems, Krasukha-4 electronic warfare systems and shore-based anti-ship Bastion batteries deployed on the Syrian coast, the ships in Eastern Mediterranean operate in a relatively safe environment. Kalibr missiles have already been fired from frigates and submarines at terrorist targets in Syria. Continue reading

Cologne Institute of German Business Warns of Deposit Protection May Not Survive in Europe

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The Cologne Institute of German Business sees in the planned European deposit insurance is simply incapable of proving protection against a bank crash in Europe. The EU deposit guarantee is simply not practical under any concept of austerity. The Eurozone still has inherent significant risks in the balance sheets of European financial institutions. This is primarily because where the USA took the bad loans from the banks and stuffed them into Freddie and Fanny, in Europe, the bad loans are still on the books of the banks. Systemically, this has been the leading problem why Europe has been unable to recover and Quantitative Easing merely robber savers of their income and it failed completely to stimulate the economy. Banks were still reluctant to lend and people would not borrow if they did not have confidence in the future. Continue reading

The End Of Our Empire Approaches

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Do you have the nagging sense that our empire is in decline?

If so, don’t be embarrassed by it. Historically speaking, we’re in very good company.  Far larger and longer-lived empires than ours have come and gone over the millennia.

This was hit home for me on a recent trip. I scored a major “dad win” by taking my youngest daughter, Grace, to England for her 18th birthday (we live in Massachusetts, USA).

All on her own, Grace developed an abiding love of mythology at a very young age: Greek, Roman, Norse, Native American, Aztec…you name it.  She’s read the Iliad four times, a different version each time, as each has the biases of the translator subtly woven throughout.  Continue reading

Why Turkey Wants to Invade the Greek Islands

Turkish President Recep Tayyip Erdoğan has said that Turkey “gave away” Greek islands that “used to be ours” and are “within shouting distance”. “There are still our mosques, our shrines there,” he said, referring to the Ottoman occupation of the islands. (Photo by Carsten Koall/Getty Images)

 

  • Turkish propagandists also have been twisting facts to try to portray Greece as the aggressor.
  • Although Turkey knows that the islands are legally and historically Greek, Turkish authorities want to occupy and Turkify them, presumably to further the campaign of annihilating the Greeks, as they did in Anatolia from 1914 to 1923 and after.
  • Any attack against Greece should be treated as an attack against the West.

There is one issue on which Turkey’s ruling Justice and Development Party (AKP) and its main opposition, the Republican People’s Party (CHP), are in complete agreement: The conviction that the Greek islands are occupied Turkish territory and must be reconquered. So strong is this determination that the leaders of both parties have openly threatened to invade the Aegean. Continue reading

From a German Euro to a German ECB (II)

As mentioned several times in the past, Germany is running the European Union and Europe once again. This time around the conquest is via subjugation of national sovereignty and economic warfare. They have their key politicians in key positions across the European board. The European Commission, European Central Bank and International Monetary fund (the Troika) are all but one example. Regardless of how everything on the EU landscape currently looks, further federalization/integration is the only solution they keep proposing to their problems, and this is ultimately leading to a United States of Europe with its own European Army, which is already beginning to supplant NATO. The Fourth Reich has landed and if you’re looking for Nazis, you’re 70 years too late.

 

BERLIN/BRUSSELS (Own report) – The EU finance ministers’ decision to appoint the Spaniard Luis de Guindos to be vice president of the European Central Bank (ECB), will boost the chances of German Bundesbank President Jens Weidmann to become its next president. Berlin has welcomed the decision for Spain’s current Minister of the Economy Guindos, considered to be one of the fathers of the Spanish real estate bubble. Subsequent to his designation as vice-president, a northern European is expected to be given the post of ECB president, due to the EU’s proportional regional representation. According to observers, a conceivable deal may be reached with Germany’s Weidmann at the helm of the ECB and the post of EU Commission President going to France. The current German Bundesbank president is unpopular in Southern Europe because he has been systematically trying to prevent current ECB President Mario Draghi’s bond buying programs, considered to be vital for the crisis stricken countries. With Weidmann as ECB president, Germany would further tighten its grip on the euro zone’s financial institutions.

Continue reading