Greeks Killed The Troika. Plus Serial Money Printing Exposed.

Catherine Austin Fitts said 2015 will be a violent and volatile year. She is cautiously optimistic about 2015 compared to others except that she does see the potential for war. She sees severe problems after 2015.

I disagree. I see far more violence in the Central Banks and in the markets than I do on the flashpoints of the Ukraine and the ever expanding Israeli border. The Eurogroup chief whispered to Greek FinMin’s ear “You just killed the Troika” and then Varoufakis replied with a simple “WOW!”

Syriza party officials have since said they also want to drop out of NATO and  to cut ties with Israel. The Greeks have stood up to the Banks, NATO and Israel who collectively are the chief oppressors of mankind in the modern world. The Greeks will need our support.

To me killing the Troika is Good News. I have always called the European Union Rothschild land. I have said the following several times:

The Fundamental Fact of Your Existence as a modern man or woman is that the bankers of New York and London want to reduce you to Debt Slavery.

Accept that fact and move on to the solution.

That is their plan for you.

What is your plan for them?

Greece has struck a blow against debt slavery. We must admire their courage.

The Troika are Greece’s official creditors consisting of the European Union, the International Monetary Fund and the European Central Bank ECB.)

The Dollar is the chief weapon used to exploit mankind both inside and outside the US.  The Nixon announced the closing of the Gold Window on Sunday August 15, 1971. The 44th anniversary of that announcement will be on a Saturday this year. It will be interesting to see where the gold price is on Monday August 17th of this year.

The dollar is temporarily up during the first month of this year. There are reasons for that and many reasons why it will not last. The Swiss killed the euro overnight when they refused to subsidize the euro with their peg. The peg required the Swiss to buy euros they did not need. The Danes are talking of killing their euro peg. The euro had gained against the yen after the Japanese said their 2 – 2 – 2 plan was not inflationary enough. That original plan was to double the money supply in 2 years and hope for a 2% rise in prices. Not enough inflation. The Bankers think we need more.

The Japanese had been doing a lot of Money Printing (Quantitative Easing) for 20 years to no avail. Ben Bernanke decided to copy a program that never worked and had never even been intended to work. He bought $1.6 trillion in Mortgage Backed Securities. He said he wanted to add liquidity. No. Bernanke bought fraudulent Notes to keep Bankers out of jail. It is technically illegal to knowingly sell worthless securities. But those were days long past. Now we are told that Banks are Too Big To Jail.

Quantitative Easing ended temporarily in America but the Japanese Central Bank took over and did Money Printing for the US but with a vengeance. Money Men flocked to Japan for cheap loans. And now Mario Draghi of the ECB has announced a  1.14-trillion-euro ($1.27-trillion) bond-buying program. Societe General (called Soc Gen by bloggers) said Draghi would really need to print 3 trillion euros over the next 18 months.

The US will be forced to become the next nation to go back to more Money Printing. The US has been publishing fake numbers on the GDP, inflation and unemployment. Obamacare has made the GDP look better. But retail sales are down and inventories are way up. Stock prices are down. The US has over 3,100 counties and only 60 have added high paying jobs since 2009. Those were all in oil and natural gas producing areas. Those sectors are crashing due to lack of demand. The Federal Reserve has a commitment to keep the stock market from declining anywhere near 10%. The FED also has to keep Treasury Bond rates low. The euro cannot be allowed to continue to sink against the dollar. The Governor of the Bank of Japan was at Davos and said everyone was too pessimistic. He promised another round of Money Printing as soon as he got back home. He does not want the euro to decline any further against the yen. He has to protect Japanese auto and electronics sales to Europe.

Does all of this Serial Money Printing make your head spin? Just wait until Janet Yellen fires up the Printing Presses and the rest of the world votes against the dollar.

Kyle Bass once talked to a US Senator he otherwise admired on liberal social issues whose response to the America’s fiscal and monetary plight was ‘Tell me what the ten year US Treasury interest rate is.’ The Senator did not care about any long term consequences as long as the US could sell Treasury Bonds cheaply.

There is a program the Federal Reserve uses to keep Treasury bond rates low. It is interest rate Credit Default Swaps amounting to over $225 trillion. Those financial bets force interest rates lower. Morgan Stanley added $9 trillion in 3 months a year ago. More recently Citibank did the same. Apparently, the banks are participating in Serial CDS just as Central Banks have been doing with Money Printing.

But this will all end badly as soon as markets figure it out and drop the dollar at the first sign Janet Yellen is sending her Printing Presses into Hyperdrive.

The European Central Bank has threatened Greece with a February 28th deadline to either knuckle under or to go it alone without liquidity injections from them.

Half of Greece’s debt was created through fraud between former Greek President Papandreou and Goldman Sachs. The goal of the fraud was to conceal Greece’s debt through currency swaps, but the plan actually doubled Greece’s debt (and made a fortune for Goldman Sachs). Even more debt was added by NATO countries forcing Greece to buy expensive weapons systems they could not afford. The Greek debt should not be repaid.

The French government and the Obama administration have volunteered to help the Greeks negotiate with the ECB over their debts. The Federal Reserve could even intervene to save the Greeks by Printing Money and injecting liquidity into their banks.

The French want to save their banks including BNP Paribas which is owned by the Rothschilds from a Greek default. Obama wants to save Goldman Sachs, stop trillions of dollars in Greek debt CDS from being triggered and to keep the Greeks in NATO.

I think the Greeks would be better off dropping out of NATO and walking away from their debt. They should issue their own debt free, non-interest bearing currency, the drachma. They have lots of weapons systems they do not need. They might be able to sell 100 F-16s, 42 Mirage Jets, 34 F4 Phantom IIs and a lot of JDAMs and bunker busters from their inventory of unneeded weapons. I would trade them for oil and collect revenue from its sales to the refineries. They would have to concentrate job losses to the Air Force to keep the Army from staging a coup.

2015 will continue its frenetic rush to Total Meltdown. 13 countries cut interest rates in the first ten days of 2015. The Mexican and Brazilian currencies are crashing. There are $9 trillion in dollar denominated loans in the Emerging Market nations. The rising dollar has forced these borrowers to buy dollars and to get out of debt. Buying dollars forces the dollar higher. That hurts the US corporations trying to sell in Japan and Europe where the currencies are dropping. It also hurts the Emerging Markets. The Baltic Dry Index which measures large scale shipping is already at an all time low.

It might take a few months but the Federal Reserve will be headed into another round of Money Printing. That will push gold and silver higher.

The Greeks are leading the way in the revolt against our Banker Occupied World Government. They need to seek help from Russia and China. If the Greeks can successfully repudiate their debts, they  will soon be followed by Spain, Portugal and Italy. France and half the world will follow. The European Union, the ECB and NATO will die. US bully boy tactics will also hopefully die with the dollar.

Germany’s Angela Merkel said at Davos she is open to forming a trade area with Russia and China. If the south of Europe drops out of the European Union, then the Germans, the Austrians and the Dutch might as well form a trade union with Russia, China and the BRICS alliance. They could use gold Letters of Credit to facilitate trade.

Another option is that China could join the IMF SDR basket of currencies on September 15th of this year by opening their gold vaults to public inspection. In any event the dollar will be devalued soon enough and that will be the beginning of Hyperinflation. Of course this might not go Really Big until 2016. And it could be completely avoided if we organized a worldwide Debt Cancellation.

Finally, I should address the war situation in both the Ukraine and in the Mideast. I could write more but I do not see either the Ukraine or the Israeli-Hezbollah situation escalating into full scale war anytime soon.

Related Articles:

How And Why An American Military Coup Could Save The World

This next article outlines how IMF economists have finally admitted that what they were doing was wrong.

IMF Economists: ‘We Were Wrong.’ Will Someone Please Tell The Press And The Politicians.

Was John Hagee Told By The Israelis When They Plan To Blow Up The World?

Pax Judaica To Replace Pax Americana Which Replaced Pax Britannica

About horse237

I have decided to share two of the visions I had as a child. When I was eight, I had a vision of a future war that killed 99.5% of the world's population. When I was 16 and living in the projects, I had a vision of my future. I was to live in complete obscurity until it came time to stop WW III. When I was about ten, I had read a bio of Nikita Khrushchev which said he survived Stalin by playing the bumbling fool an old Russian peasant trick. I decided to do the same as I had already learned that we did not live in a democracy. The other vision I had when I was in third grade was of the Mind of God and how it interacted in the creation of the world we see. I believe you and I were born at this time precisely so we would have an opportunity to stop this war. As for my personal info, I grew up on military bases and in housing projects. My legs atrophied from starvation as a child. My second step-father died in prison. I used to have to rub my skin to simulate human contact. They did not feed me when I was a child. I do not fight in their wars as an adult.
This entry was posted in Debt Cancellation and tagged , , . Bookmark the permalink.

7 Responses to Greeks Killed The Troika. Plus Serial Money Printing Exposed.

  1. Greg Bacon says:

    Maybe those ‘evil Muzzies’ will now fly a jet liner into the bowels of the US Treasury printing presses, on the National Mall, right next to the US Holocaust™ fairy tale land, making for a real burnt offering of all those printing records of who got the money!

  2. jintampa says:

    Hmmm, interesting analysis into our new year. Buckle your seat belts folks, looks like were in for a very bumpy ride.

    • horse237 says:

      I cannot emphasize how much things are accelerating. What took years to work out will now take weeks and moths. We have the deadline of the 28th of this month on the Greek debt. Then we have a lot of bad debt from the oil companies and their CDS as well. Then come the Spanish, Portuguese and the Italians. Then comes QE from the US following the ECB. Our heads will spin with the amount of money we see flying.

  3. zaidpub says:

    Reblogged this on zaidpub and commented:
    Brilliant, Concise, Incisive

  4. Sam says:

    You said you would quit writing. Is hard to do so. I keep saying I’m going to give up the internet and posting comments but the stupidity of the psychopaths makes it difficult. When I say psychopaths I’m not just calling them names I mean clinically. If it were not for the psychopaths the whole planet could be wealthy. All could have plenty to eat. That might not solve all problems but it wouldn’t hurt. All because they’re so obsessed with controlling everyone and everything. Lust and greed. Here’s a few notes on what we could be doing.

    Using natural feedback cycles, if CO2’s a problem at all, CO2 can be sequestered. Remember CO2 is fertilizer for plants. A guy fertilized the oceans and got record breaking tuna in the fisheries in Alaska. The US government should be fertilizing the oceans as a common good.

    One half of all land is in desert or poor condition for normal crops but we can grow plants there that use seawater to grow in. Making food and fuel.

    We can harness the temperature difference in the tropical sea with a vortex power plant. After one plant is built it can be used to create floating islands with the power plants electricity. The electricity can be used to make concrete (actually Carbocrete) to make more vortex islands. It’s a exponential function. Getting bigger and bigger faster and faster so that theoretically you could make enough islands with greater than first world power consumption and living standards for every person on the planet in fifteen years.

    You really should read this by James Bowery it’s terribly interesting and shows the power of exponential function processes and what they can do.

    Did you read the above link? Don’t miss it it’s a good one.

    Elon Musk is rapidly pushing space launches into the super affordable. He’s going to try a second time to land a lower stage of his two stage rocket on a barge this Sunday. His fuel cost for each launch is only about $200,000. If he could reuse his rockets you see the cost coming rapidly down. In space is a vast unbelievable amount of resources. One little piddly asteroid is worth trillions and would supply the whole planet with metals at low cost for a while.

    So actually there’s easily definable ways to get ourselves out of this mess but it doesn’t help because people will never do this stuff so we will all die because the psychopaths want control over everyone. Any energy breakthroughs they’ll squash because it gives them less power. The single biggest problem humans face are the psychopaths and their lust for power over others. Defeat the psychopaths and the other problems we have can be overcome. I haven’t even talked about Molten Salt Reactors, the many people working on fusion and the LENR fusion that people have duplicated running off of water and nickel powder.

    • horse237 says:

      Not sure what form the coming changes in my life will take.
      We do not have much time left as currencies and debts are unwinding all over the world quite rapidly.
      I might write. I might issue warnings.
      But I might become more involved in practical things as dictated by circumstances.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.