By JC Collins
“The record of US war crimes and crimes against humanity, against human and planetary life itself, is suppressed. It should be foremost in the minds of those observing what happens next in this potential world war situation or – perhaps at last – non-US resolution.” – Prof. John McMurtry, Fellow of the Royal Society of Canada, from his essay published on Global Research.
“For a quarter of century the key principles of the United Nations had been systematically violated. The US and other Western nations neglected the fundamental rules of international law, widely used double standards and didn’t hesitate to intervene directly into other nations’ sovereign affairs. The impact of this policy is fully felt by the peoples of Yugoslavia, Iraq, Libya and now Ukraine.” – Russian Foreign Minister Sergey Lavrov
One of the least discussed aspects of the transition from the USD unipolar financial system to the SDR multilateral financial system is the broad effect it will have on the western governance structure.
“If you have these crazed Neo-Conservatives demanding control of the world, faced with declining power, you don’t know what they will do! It is a very, very dangerous situation. I’m surprised it has taken the world so long to realize the threat the US poses to the rest of the world.”
“The US Dollar payment system is essentially a system for looting. This, Globalization and Neo-liberal economics are tools of American economic imperialism. Countries are beginning to realize this. The looting of countries by American imperialism has now reached the point where it is turning on itself – Greece for example.”
By JC Collins
It has now become common knowledge that the promises made by the new Greek Syriza government have been broken. The voting population of Greece were fed a steady stream of propaganda on how Syriza was going to stand up to the Troika, or trifecta of the European Commission, European Central Bank, and the International Monetary Fund.
Before the election I had been provided a copy of the Syriza Policy Paper which detailed their proposed negotiating position with the Troika. The paper was segmented into 3 sections:
- Negotiating Stance with the Troika: Reconstruction of the Banking Sector and Debt Relief
- A Domestic Action Program
- The Modest Proposal, with a Pan European Solidarity Program, to be discussed at the first European Summit under the new government
It was very clear in the policy paper that Syriza had no intention of keeping the promises which their political platform had been built around. In fact, the Syriza party was the economic Trojan Horse which was used by the Troika to implement the broader multilateral reforms and restructuring of the Greek banking system.
Continue reading The Greek Betrayal and Pan-European Solidarity
(….and how Greece could crash the world.)
By JC Collins
After the collapse of oil prices and home valuations in 1986 the oil sands mining town of Fort McMurray became a semi-desolate place of reduced expectations. One of the two mining operations went on strike and I remember the workers picketing on the highway near the site access.
As a teenager my friends and I would drive around an area we called The Dead Roads. The Dead Roads were a planned subdivision which had been under development when the collapse of 1986 happened. The roads had been built, the sidewalks and curbs set, and the utility services to the lots had been roughed in. But no houses had been built.
The price of oil had crashed from $32 a barrel to $10 a barrel in only a 4 month period. Many people lost their jobs with many of those leaving Fort McMurray and moving back to whatever place in Canada they had come from.
Continue reading Economic Ground Zero for Canada
By JC Collins
In the interest of analytical balance, we would do well to consider the possibility of war strategies when it comes to the global stockpiling of petroleum reserves. In the years leading up to the German invasion of Poland, the world witnessed dramatic decreases in the price of oil as well as massive increases in petroleum inventories, especially as the Texas fields began to produce.
These shifts in the global oil markets ran parallel to the deflation which had begun in October, 1929, and as such, we can see the same pattern repeating today as oil prices collapse, inventories are growing, and world wide deflation is deepening.
Continue reading War & Petroleum Reserves
By JC Collins
The different angles of geopolitical and macroeconomic events are beginning to coalesce into the direct 90 degree turn which will shift the global financial system in the direction of the multilateral architecture. The apparent movement away from the USD unipolar structure towards the multilateral framework which is being implemented in stages is becoming more visible with each passing day.
This movement is taking the “two steps away from the USD and one step back” approach, and with each turn and shift the USD is being further removed as the primary reserve currency used in global trade. The much promoted death of the dollar in the alternative media is largely based on misinformation and unintended breaks in analytical rationalization as the full scope of the multilateral structure, and the global support from all countries of the world for such a system, has been cleverly hidden behind a script of geopolitical tension, as well as the dual crisis of growing sovereign debt and currency imbalances.
Continue reading BRICS SDR to Bailout Eurozone
By JC Collins
It was a cruel October and the Lodgers’ fed, their like stomach and like liver with moral bread. The Lodgers’ filled their like lungs and like heart gladdened, to ole’ glorious song and a mischief maddened. The Lodgers’ like brain and like eyes consumed, the haggis of man and beastly pruned. The Lodgers’ they are, like horn and hoof, the burden of flesh and heavenly roof. Bleed and stem, the rain of flesh, suffer the folds of mortal mesh. Like parts and shiver, the world falls apart, leaving in place a like Lodgers’ a la carte.
All these passing seasons on the road to damnation.
For what we are and what we wish to be are derailed by the hard lessons of life which are not under our complete control. The factors and circumstances which surround our existence and prevalent desire for more than, are subjected to the flow of energy and heart which swirl together in patterns of the symbiotic search for the greatness beyond.
Continue reading The Greatness Beyond
With the first month of 2015 in the books, the year, thus far, has met the expectations of the volatility which has been previously discussed amongst us here on the site. So many readers and contributors have written and shared links to massive amounts of material that it leaves very little for me to write myself.
Which is something of a good thing lately as my work has completely consumed me. The last few weeks have been full of travel and meetings and strategy sessions on how best to deal with the changing labor and materials markets surrounding Canadian energy production.
Continue reading The Shifting Script