1 November 2015—The intensifying
global financial crisis is
driving the Anglo-American elite
to move for a showdown with
China and Russia, and a global
dictatorship under the fraudulent
pretext of "climate change".
Rarely has a powerful group
of oligarchs been so at odds with
the reality of their own bankruptcy
and the availability of an alternative
to their dominance, as the
leaders of the United States, the
UK and Australia are today. They
can cope with neither the breakdown
of the trans-Atlantic financial
system of the City of London
and Wall Street, nor the striking
progress of the BRICS alliance
(Brazil, Russia, India, China and
South Africa), which has taken
the first steps towards replacing
the present, bankrupt global system.
The Anglo-American fanning
of the danger of World War
III has been countered by Russian
actions around Syria, but the
threat of a thermonuclear global
showdown remains high.
The Next Crack
International finance is worse
off now than even in 2007-08.
Global debt (without even counting
speculative derivatives obligations)
has expanded since then
by more than 40 per cent, from
$142 trillion to $199 trillion, or
286 per cent of world GDP! The
rise was fuelled by six years of
central bank electronic money
issues, the so-called "quantitative
easing", exclusively to prop
up the London-Wall Street mega-
banks. Economic productivity,
meanwhile, has crashed
worldwide, with the exception
of China and a handful of other
countries, because of austerity
policies that slash living standards
and choke off investment
in productive industries and infrastructure.
The spark for a final implosion
may come from any of
the interconnected speculative
bubbles in resources, real
estate, and derivatives instruments,
the latter estimated at
more than US$2 quadrillion
($2,000,000,000,000,000). Resource-
trading giant Glencore
and derivatives mega-speculator
Deutsche Bank have recently
been pegged as the possible "next
Lehman Brothers"—triggers for
a global meltdown. With commodities
prices already plunging,
Glencore’s debt is estimated
at more than $100 billion, plus
a nominal $2 trillion derivatives
exposure. Deutsche Bank in October
declared a $7 billion singlequarter
loss, stoking fears over its
$75 trillion derivatives exposure.
As documented in previous issues
of this newspaper, the Anglo-American Empire, the "informal
financial empire" centred
in the City of London and its junior
partner Wall Street, is in its
death throes. The British Crown,
in which the real power of this
system is institutionalised above
any democratic control, will
strive to preserve Anglo-American
economic, military and political
global dominance, at any
cost. Foremost is their continued
drive against Russia and China.
At the same time, the initiatives
of BRICS and its allies are a
rallying point for war-avoidance
and economic recovery, for any
nation that chooses to cooperate
with them. The months since the
July 2015 BRICS summit in Ufa,
Russia have seen intensified talks
on the coordination of China’s
Silk Road Economic Belt program
with the Russian-led Eurasian
Economic Union, as well
as such dramatic project news
as Egypt's opening of the Second
Suez Canal, in August. Most
recently, Chinese President Xi
Jinping brought his “win-win”
economic cooperation policy to
London in a 20-23 Oct. visit, including
talks on boosting trade,
jet engine deals, and steps towards
China's building the first
nuclear power station in the UK
in three decades. ...
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Contents:
- Editorial: Haven’t We Had Enough of Green Fascism? (page 1)
- Defend Mankind from the Satanic Climate-Change Swindle (page 2)
- The main determinants of the Earth's temperature (page 2)
- Pope misled by Radical Depopulator (page 3)
- Syria: Russian Military Action, Diplomacy Outflank British and Obama (page 4)
- British Royals at Centre of UK Paedophile Scandal (page 4)
- The CEC Salutes a True Hero (page 4)