Monday, January 27, 2014

Orchestrated Collapse by Erick San Juan

Orchestrated Collapse by Erick San Juan

From which was sent to me through e-mail stated that - Financial institutions the world over are sounding the alarm of the possibility of a massive default in China, come January 31, 2014. If this should happen, it could lead to a cascading collapse of China’s entire banking system, which could potentially result in "sky-high interest rates" and "a precipitous plunge in credit".

In other words, it could be a "Lehman Brothers moment" for Asia. And since the global financial system is more interconnected today than ever before, that would be very bad news for the United States and to the world as well.

Some may wonder why on January 31, the Chinese New Year?

From Tyler Durden’s article published at – “CNY represents China’s official currency. It also stands for Chinese New Year, the biggest holiday for the country and the occasion for family reunions and celebration. But less familiar for many, however, the Year (?) itself actually stood for a beast which comes out every 365 days and eats everything along the way from bugs to humans. The holiday tradition started as a way for people to fend off the beast by getting together and lighting up the firecrackers.

At the same time, Chinese custom dictated that people should also pay their due to avoid becoming the beast’s target. In particular, it has been a tradition to settle all debt before the New Year. From the perspective of such folk culture, the trust product Credit Equals Gold #1, referred as CEQ1 hereafter, by China Credit Trust planned poorly for having the maturing date on the New Year, leaving a 3bn CNY beast running wild.”

With a picture like this that will happen on the 31st of this month, some analysts see things based on study of history that 2014 (after a hundred years since the First World War), it seems that the same present scenario is heading the world to another war. Actually some economists too expressed their analysis as follows (from Washington's blog):

    "A continuation of bailouts in Europe could ultimately spark another world war," says international investor Jim Rogers.

    “Add debt, the situation gets worse, and eventually it just collapses. Then everybody is looking for scapegoats. Politicians blame foreigners, and we’re in World War II or World War whatever.”

Marc Faber says that the American government will start new wars in response to the economic crisis:

    “The next thing the government will do to distract the attention of the people on bad economic conditions is they’ll start a war somewhere.”

    “If the global economy doesn’t recover, usually people go to war.”

We’re in the middle of a global currency war – i.e. a situation where nations all compete to devalue their currencies the most in order to boost exports. And Brazilian president-elect Rousseff said in 2010:

    'The last time there was a series of competitive devaluations … it ended in world war two.'

Jim Rickards agrees:

    Currency wars lead to trade wars, which often lead to hot wars. In 2009, Rickards participated in the Pentagon’s first-ever “financial” war games. While expressing confidence in America’s ability to defeat any other nation-state in battle, Rickards says the U.S. could get dragged into “asymmetric warfare,” if currency wars lead to rising inflation and global economic uncertainty.

As does Jim Rogers:

    'Trade wars always lead to wars.'

 Even in You Tube, most popular analysts like Gerald Celente. Glenn Beck, Jesse Ventura and others are all giving their self fulfilling prophesy. Even George Soros has predicted (orchestrated?) this possible impending collapse.
Forewarned is forearmed as the rest of the world may be preparing for the worst case scenario but sadly here in our country there is too much politicking already for the next election (if there is going to be one).

 “The writing is on the wall" or the future is predetermined by the actions taken by men as much as people repeating history, well in this case – another World War One or a Great War in the offing.

Let us pray that the Chinese New Year will bring better things but as always it is all up to us what life will bring us if we will all work harder and avoid the unnecessary war created by the greed and stupidity of the world’s elite.

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