Coming Round the Mountain When She Comes
Michael T. Klare warns us to, “Get ready for a rocky year. From now on, rising prices, powerful storms, severe droughts and floods, and other unexpected events are likely to play havoc with the fabric of global society, producing chaos and political unrest. It’s not surprising then that food and energy experts are beginning to warn that 2011 could be the year of living dangerously — and so could 2012, 2013, and on into the future.” Just weeks into the New Year things are not looking so good with rising prices already threatening to devastate a great part of humanity.
Klare says we should already be able to “hear the first rumblings about the tenuous economic recovery being in danger of imminent collapse.” So we might as well get ready right? More and more are saying that a ‘perfect storm of issues‘ will bring widespread starvation, rioting, cultural collapse and a decent into urban hells that war zones often become. They are speaking about food prices rising by 50 per cent over the next decade when we are lucky if we do not see that in the next year or two with world agriculture being gutted by the dramatic weather and reserve currency rich nations willing to dip into the till to scoop up dwindling food stocks.
It is, quite literally, going to be the end of the world as we know it and not even aliens landing from Mars or coming up from underground will stop it. And don’t be surprised if they do climb out of a cave and say, “we’re here!” There is so much talk about extraterrestrials these days even at rich man’s conferences. Sure they have been here all along and sure they have all the answers and we should trust them even after their decade’s long cooperation with the American military.
No amount of manic optimism is going to change reality as it presents itself to us through the months or years ahead. And we don’t need huge solar flares, polar shifts, tidal waves of immense proportion, or earthquakes to sustain this view though we might get these plus some dramatic volcanic eruptions just to light up the skies with fireworks as the magnetic polls continue to shift putting more and more strain on the earth’s crust. They even had to shut the runway at Tampa airport to recalibrate for the magnetic changes and more will do so in the near future.
Tsunamis of different types are dead ahead but most first world citizens have mostly known tremendous prosperity all of their lives, so they can’t conceive of what it will be like to go through difficult times. Most Americans have been conditioned to believe that while we may have brief “recessions” once in a while, in the end their economy will always get better and the good times will continue to roll. That has changed but don’t tell them about it because they don’t want to know for it’s too painful to understand and appreciate.
Bank of England chief Mervyn King: standard of living to plunge at fastest rate since 1920s. “Mr. King claims he cannot “prevent the squeeze” for everyday people, while London traders go home with multi-million dollar bonuses. The main take-away from that is not even that the “standard of living is plunging“ at its fastest rate in almost a century, it’s that the standards of honesty and dignity, of how to build a society, are plunging. Corruption and fraud have free rein. King’s right when it comes to the end result, though, of course: the British future comes dressed as misery,” writes The Automatic Earth.
Jerry Robinson writes, “The World Economic Forum ahead of its high-profile annual meeting in Davos, the organization claimed that the global economy will need access to an additional $103 trillion in “credit” to sustain normal economic growth. It should be noted that the term “credit” is synonymous with the word “money.” Therefore, a less deceiving way to explain this report could be that the World Economic Forum is calling for over $100 trillion in new money. This proposed $103 trillion of fresh “credit” – or money – will be backed up by nothing. The question naturally arises: How will the creation of more “debt” help our debt-ridden global economy?”
The miracle of credit and debt is coming to an end, and the parasites are looting the system for a final time. – Bob Chapman
Present government intervention on a multi-trillion dollar scale is the only thing preventing a worldwide collapse into a new great depression. Without the bailouts in the United States, Europe and Japan we would all be collectively going over the falls in a barrel held together with spit and straw. Japan this week actually did as their debt rating has been downgraded tanking their currency.
But hey, if I get some of this funny money handed on a silver platter what the heck the bankers say. But if the value of paper money gets reduced to the value of toilet paper everyone loses except those smart enough to get into gold, silver and hard assets free from debt.
Martin D. Weiss PhD is shouting loudly this week that the collapse of the tax-free bond market has arrived. “This crisis is no longer something you hear about strictly from us and a handful of others; it has now burst into the headlines with the sweeping force of a giant tsunami. This crisis is no longer just a forecast. It’s happening right now—and it’s accelerating.”
The reality is that several events are converging with any of them alone holding the potential to bring down the entire financial structure of the Western world and perhaps the entire world. Imagine if they all hit together what a perfect and overwhelming storm it will be. Those who hold the reins of power know it. They are not stupid and are playing the Pipe Pipers horns of deception.
Any fool, at this point, understands that without the unlimited capacity to create and spend funny money, the United States is already a well-cooked goose. The same can be said about Europe and of course Japan. With every trillion of new credit (debt) money created we sink further into the abyss, into a black hole there is no returning from.
Bob Chapman writes, “We now have a Federal Reserve that controls a financial monopoly over the American people, as a result of recent legislation. In this process more power is also being given to the IMF, the BIS and the WTO. Power is being taken away from sovereign countries and put into the hands of people who want world government. If you do not think that is real, recall the comments of former US Secretary of the Treasury, Mr. Paulson. If the financial sector wasn’t rescued Americans would wake up to Martial law. In other words, you either go along with our program or we will destroy you and the system.“
Jim Rogers talks about Inflationary Holocaust at about the 4:33 minute mark.
Eric de Carbonnel is again warning the world that, “Spiking food prices will likely cause competitive currency appreciation. Foreign exchange reserves exist for just this time of emergency. Central banks around the world will lower domestic food prices by either directly selling off their reserves to appreciate their currencies or by using them to purchase grain on the world market. Appreciating a currency is the fastest way to control food inflation. A more valuable currency allows a nation to monopolize more global resources.”
“When a nation appreciates its currency and starts consuming more of the world’s resources, it leaves less for everyone else. So when china appreciates the Yuan, food shortages worldwide will increase and prices everywhere else will jump upwards. As there is nothing that breeds social unrest like soaring food prices, nations around the world, from Russia, to the EU, to Saudi Arabia, to India, will sell off their foreign reserves to appreciate their currencies and reduce the cost of food imports. In response to this, China will sell even more of its reserves and so on. That is competitive currency appreciation.”
This all contradicts the reports of currency races to the bottom because when the value of a currency goes up imports flood and overwhelm local industries. Wind shear type forces are racing around the globe and where it will all end is hard to discern. Hungry bellies though do not sit well with the public and panic among governments and their politicians, who do not want to be thrown out into the streets, will certainly do some nervous things.
Certainly Egypt is out front having apparently done what many technologists thought was unthinkable for any country with a major Internet economy: It unplugged itself entirely from the Internet to try and silence dissent.
Bill Bonner concludes, “Since America’s modern social welfare democracy is not the product of enlightened rational, accumulated decision-making, America’s leaders will be unable to re-design it for the new conditions it faces. Instead, this social welfare democracy will face extinction – like dinosaurs and Neanderthal man…and all previous forms of government…all previous forms of paper money…and all previous monetary systems. In other words, don’t expect the US government to reduce its deficits and bring its finances under control voluntarily. It will take a crisis…and maybe even a revolution.”
Meanwhile the feds are destroying the currency and the credit of the world’s largest economy in what most people believe is a rearguard delaying action. It is my belief that those at the top know full well what is in store for the world’s populations and are playing their cards accordingly. Are you playing your cards to their best potential? Are you planning anything or is your mind refusing to see the rip tides ahead?
It is a good moment to remember that Post Stress Syndrome key component is the feeling of helplessness in the face of adversity and danger. Don’t become a victim. Use your consciousness to get in touch with options even if it’s just to secure your water and (natural) medical supplies.