The world’s largest economy – think of that phrase for a moment: Ask an American to identify it, and invariably they tell you it is the US economy, with China looming ever larger in the rear view mirror.
This is dead wrong. The world’s largest economy – the most important source of trade, foreign investment and financial activity on the planet – is about to collapse. And in the United States, we still have fools clinging to the notion that, but for a dose of radical Keynesian stimulus or equally radical Hayekian austerity, we would be back to the good old days of the 1990s.
Monthly Archives: November 2011 - Page 2
ENNAHDA, the Islamic party in Tunisia, won 41 per cent of the seats of the Tunisian constitutional assembly last month, causing consternation in the West. But Ennahda will not be an exception on the Arab scene. Last Friday, the Islamic Justice and Development Party took the biggest share of the vote in Morocco and will lead the new coalition government for the first time in history.
And in Egypt`s elections, the Muslim Brotherhood is predicted to become the largest party. There may be more to come. Should free and fair elections be held in Yemen, once the regime of Ali Abdullah Saleh falls, the Yemeni Congregation for Reform, also Islamic, will win by a significant majority. This pattern will repeat itself whenever the democratic process takes its course.
Think of Islam as a political system first then a religion. Ultimately, it is a way for Allah to seize control of the planet. Of course, Allah is not the god that those in the West know. It is not the god of Jews and Christians.
What is the purpose of Islam?
As far as I can tell, the purpose of Islam is to facilitate the transfer from man’s rule to God’s rule. Rather than dragging out the process for hundreds of years, the God of Jews and Christians has decided to make the process short and quick. That also means the process will be brutal.
Nebuchadnezzar’s statue provides the road-map. The American empire will end, then the EU empire will rise. The EU empire will end, and a final empire (Islamic) will rise. This is where Allah comes in. This last empire will end too with the arrival of the real Jesus. The overall process of transfer is short and brutish.
The American empire ends abruptly due to nuclear war. The EU empire ends abruptly due to nuclear war. The final empire (Islamic) ends abruptly due to war. The world is completely devastated and a little more open to outside governance.
That is where we are headed over the next 30 years (approximately). At least that is where I think we are headed. If real world events change then my thinking will change with it.
As Russia gets ready for another round of elections whose outcomes are in little doubt, Mikhail Gorbachev, the Soviet Union’s final leader, condemned on Tuesday what he called “imitation” democratic institutions in his country and he said that Russia’s current leaders should not expect to maintain support forever.
Twenty years after Gorbachev presided over the dismantling of the Soviet Union, he has become increasingly critical of Russia’s government. Since Russian Prime Minister Vladimir Putin announced in September that he planned to move back into the presidency, the country’s top job, Gorbachev’s criticism has only grown.
In other words, Russia is interested in keeping Europe and America vulnerable to rogues’ growing ballistic missile threat, since any limitations on the U.S. system would mean lowered efficiency against North Korean and Iranian missiles. Such attitudes tend to create a déjà vu, returning U.S.–Russian relations back on the rusty Cold War tracks. These tensions are likely to continue to be whipped up during the Russian presidential election period, which is to end on March 4, 2012.
Everything comes down to the Russian leaders’ unwillingness to give up the Cold War mindset and its leaders’ lack of desire to integrate into the Euro-Atlantic security universe. Moreover, Russia cannot fully contribute to the missile defense project due to lack of technological capabilities, nor can it be trusted with sharing information about missile defense capabilities in a transparent manner in view of its close security ties with China, Iran, Syria, Venezuela, and other “states of concern.”
Russia has turned on a new incoming missile early warning system in its westernmost region in response to US plans for a missile shield in Europe.
President Dmitry Medvedev ordered the system to be activated on a visit to the radar unit in Kaliningrad, a Baltic region bordering EU countries.
Will 2012 be the year that we see an economic collapse in Europe? Before you dismiss the title of this article as “alarmist”, read the facts listed in the rest of this article first. Over the past several months, there has been an astonishing loss of confidence in the European financial system. Right now, virtually nobody wants to loan money to financially troubled nations in the EU and virtually nobody wants to lend money to major European banks. Remember, one of the primary reasons for the financial crisis of 2008 was a major credit crunch that happened here in the United States. This burgeoning credit crunch in Europe is just one element of a “perfect storm” that is rapidly coming together as we get ready to go into 2012. The signs of trouble are everywhere. All over Europe, governments are implementing austerity measures and dramatically cutting back on spending. European banks are substantially cutting back on lending as they seek to meet new capital requirements that are being imposed upon them. Meanwhile, bond yields are going through the roof all over Europe as investors lose confidence and demand much higher returns for investing in European debt. It has become clear that without a miracle happening, quite a few European nations and a significant number of European banks are not going to be able to get the funding that they need from the market in 2012. The only thing that is going to avert a complete and total financial meltdown in Europe is dramatic action, but right now European leaders are so busy squabbling with each other that a bold plan seems out of the question.
The following are 22 reasons why we could see an economic collapse in Europe in 2012….
BESA think tank experts: “Who says protests against dictatorship must lead to democracy?”, “US has no strategy”, “No time left on Iran”. – Israel National News
… Its experts concluded that the Arab Spring is not going to result in democracy,…
“As steep as the price for hitting Iran may be, a military strike on Iran will be less painful than the cost of living with an Iranian nuclear weapons threat,” argues former Mossad head Maj. Gen. (res.) Danny Yatom. “The backlash from a strike on Iran’s nuclear sites will not be as bad for Israel as will an Iran armed with nuclear weapons,” he says. “I don’t think that those predicting apocalyptic repercussions of a strike on Tehran are correct, and even if they are, Israel can’t afford to wonder if Tehran will go crazy and bomb us.”
The price paid for hitting Iran will be less than the price paid for not hitting Iran. Once Iran gets enough nuclear weapons then it’s goodbye Israel, Europe and America. That may take another 10 to 15 years, but it’s going to happen.
In my opinion Iran will not be stopped. It will acquire nuclear weapons and the means to deliver them. However, I don’t see Iran attacking anybody with nuclear weapons until it can build up its arsenal. Unless Iran is stopped in the next year, then the west is in the biggest trouble since Hitler.
A group of military officers from NATO and Persian Gulf nations have quietly established a mixed operational command at Iskenderun in the Turkish Hatay province on the border of North Syria, debkafile‘s military sources report. Hailing from the United States, France, Canada, Qatar, Saudi Arabia and the United Arab Emirates, with Turkish officers providing liaison, they do not represent NATO but are self-designated “monitors.” Their mission is to set up “humanitarian corridors” inside Syria to serve the victims of Bashar Assad’s crackdown. Commanded by ground, naval, air force and engineering officers, the task force aims to move into most of northern Syria.
Now that Pakistan is cutting off the NATO supply route to Afghanistan, Russia wants to tightened the screws further by threatening to block the NATO supply route through Russia.
Russia said it may not let NATO use its territory to supply troops in Afghanistan if the alliance doesn’t seriously consider its objections to a U.S.-led missile shield for Europe, Russia’s ambassador to NATO said Monday.
Russia has stepped up its objections to the antimissile system in Europe, threatening last week to deploy its own ballistic missiles on the border of the European Union to counter the move. The North Atlantic Treaty Organization says the shield is meant to thwart an attack from a rogue state such as Iran, that it poses no threat to Russia, and that the alliance will go ahead with the plan despite Moscow’s objections.
Pakistan cuts off Nato’s supply line after 25 troops killed
Pakistan cut off Nato’s supply route to Afghanistan and angrily denounced the violation of its sovereignty after an air attack killed at least 25 troops at a border checkpoint yesterday.
Nato jets and helicopters were said to be pursuing militants on the Afghanistan-Pakistan border when they opened fire and hit the Pakistani soldiers asleep at posts in the Mohmand tribal agency.
As military analyst Yaakov Katz wrote recently in The Jerusalem Post, “Something has changed in Israel.” Once, it was renowned for daring military operations like the 1972 capture of five Syrian intelligence officers, the 1976 raid on the hijacked aircraft at Entebbe Airport in Uganda, and even as recently as 2007, the airstrike on a Syrian nuclear reactor. Today – following the swap last month for more than 1,000 convicted Palestinian terrorists – it is perceived by many as a country that caves to the arrogant demands of its enemies.
With Iran on the verge of acquiring the nuclear capability it needs to, as Ahmadinejad is fond of saying, “wipe Israel from the map,” many wonder if Israel is considering a possible preemptive military strike. But is Israel the country it once was? These days it seems it can barely push back against the Obama administration’s pressure to negotiate with Hamas and return to indefensible borders. Does an Israel that seemingly surrendered to the demands of terrorists have what it takes to neutralize the looming threat of a nuclear-weaponized Iran?
Every country is constantly changing even if not outwardly. Democracies will automatically go to a pre-crash state over time. The final crash may include too much debt, weak defenses or lack of resolve. The biggest determining factors are time and prosperity. Too much prosperity for too long means that internal problems are building up. A crash is coming.