Indeed, our modern western financial and banking system with its massive dependency on single interface websites, servers and the internet faces serious risks that few analysts have yet to appreciate and evaluate.We previously referred to Russian Prime Minister Medvedev’s allusion to cyber warfare when he stated the Russia’s response to U.S. attempts to have it locked out of the SWIFT system that the Russian response “economically and otherwise – will know no limits.”
Dormant malware, apparently of Russian origin had previously been discovered buried in the software that runs the Nasdaq stock exchange according to Bloomberg.
Given that a military confrontation is not desired by Russia it is likely that cyber-warfare will be part of Russian arsenal in any confrontation with the U.S. and NATO countries. Continue reading
This article couldn’t be more spot on when it comes to pointing the origin of today’s Chinese technology. This article just isn’t your run-of-the-mill political jab, but actually fact.
If you’re interested in seeing actual scanned official documents and what as transferred, please see Softwar.net for further specific details. These are official documents requested via the Freedom of Information Act. The site is now defunct as of 1-26-2013 but remains up for an unknown period of time.
Here are a few example articles:
If people thought the ‘barbarians’ were at the gate just during Obama or Bush’s tenure, they couldn’t be more dead wrong and haven’t payed attention one bit. They also weren’t at the gate, but within. Thanks to the Clinton administration, the Chinese military is now on par with America’s and within the next ten years will be superior, also thanks in part to the decimation of the U.S. Military from within via purging of senior officers and budget cuts that are happening now.
Although it’s another story, the Clintons are also largely responsible for the financial crisis of 2008 due to repealing the Glass-Steagall Act in 1999.
What the Clintons did years ago is now coming to fruition. Still, there will always be the oblivious bunch who never saw it coming and couldn’t imagine how it all happened.
America is in both free fall and grave danger.
Clinton-era tech transfer aided multi-warhead program
China carried out a long-range missile flight test on Saturday using multiple, independently targetable reentry vehicles, or MIRVs, according to U.S. defense officials.
The flight test Saturday of a new DF-41 missile, China’s longest-range intercontinental ballistic missile, marks the first test of multiple warhead capabilities for China, officials told the Washington Free Beacon.
China has been known to be developing multiple-warhead technology, which it obtained from the United States illegally in the 1990s.
However, the Dec. 13 DF-41 flight test, using an unknown number of inert maneuvering warheads, is being viewed by U.S. intelligence agencies as a significant advance for China’s strategic nuclear forces and part of a build-up that is likely to affect the strategic balance of forces. Continue reading
- Bank of International Settlements warns of ‘violent’ market crash
- Low levels of market volatility persist despite conflicts and crises across the world
- Investors buying assets on the misguided presumption of a level of liquidity
- Share prices continue to plummet as investor confidence decreases
A potentially ‘violent’ stock market crash could be on the horizon as financial markets become dangerously stretched, a think-tank has warned.
The Bank of International Settlements said that suspiciously low levels of volatility in the markets seen this year suggest a lack of liquidity that could trip up investors who assume they can dispense of assets when a sell-off begins. Continue reading