EUROPE

The US Military is Not Ready for World War III

by John Galt June 15, 2016 19:45 ET Sigh…now I really miss the 1980’s. Not for the reason anyone might think as the women were fun, the music better, and the U.S. military was recovering from it’s Jimmy Carter induced slumber. As an American citizen in that era, the threat was not from some Jihadi Joe coming to the good old U.S.A. on a student visa or refugee program here to rape or kill my wife or shoot up night clubs. In fact by the late 1980’s the biggest threat to…


08.11 21:15 ET BREAKING NEWS: Libyan Prime Minister Announces Resignation Civil War Probable

by John Galt August 11, 2015 21:20 ET The news just broke via AFP about ten minutes ago: Libyan Prime Minister announces resignation live on TV From the article linked above:  Tripoli (AFP) – The prime minister of Libya’s internationally recognised government, Abdullah al-Thani, announced his resignation during a live television interview late on Tuesday. “If my exit is the solution, then I announce it here”,” al-Thani said during the talk show, adding that “my resignation will be submitted to the parliament on Sunday”. Earlier Tuesday the rival Libyan factions started…


Russian Tu-95 Bomber Intercepted over English Channel Was Carrying Nuclear Weapon

by John Galt February 1, 2015 19:30 ET As the United States slumbers into our annual drunken food and boozefest known as the Super Bowl, the newspaper UK Express carried a story which should put everyone back on the edge of our collective seats: Intercepted Russian bomber was carrying a nuclear missile over the Channel A RUSSIAN bomber intercepted over the Channel last week was carrying a nuclear missile designed to destroy Trident submarines, it emerged last night. From the story linked above: RAF Typhoon fighter jets were scrambled on Wednesday…


Putin Ups the Ante: New Military Doctrine Lists US and NATO as Major Foreign Threats

by John Galt December 26, 2014  09:50 ET As America’s President prepares to tee off at sunrise in Hawaii today, Russia’s President has sent an unmistakable message to the Pentagon and Western European politicians (via RT): Russia’s new military doctrine lists NATO, US as major foreign threats From the article linked above: Russia has adopted an updated version of its military doctrine, which reflects the emergence of new threats against its national security. NATO military buildup and American Prompt Global Strike concept are listed among them. The new doctrine was approved…


11/11 20:15 ET: Russia Appears to be Preparing to Invade Eastern Ukraine

by John Galt November 11, 2014 20:15 ET The report on Lou Dobbs television program on the Fox Business Network tonight indicated that per NATO sources up to 8 tank brigades have moved towards the Russian-Ukraine border tonight in addition to towed artillery and infantry units. This is similar to a Reuters report from earlier in the day but widely reported beyond the threat of Russian nuclear-capable forces moving on to the Crimean peninsula: NATO Commander Concerned by Armoured Convoys Entering Ukraine From Russia By Reuters Filed: 11/11/14 at 12:52 PM…


NATO Raises the Stakes: US and Allies to Attack Russia if they Send Troops into Ukraine

by John Galt August 17, 2014 18:45 ET In what can be called one of the most audacious statements of overreach in NATO and Western central bankster history, NATO tonight announced they will start World War III if Russia attempts to send troops into the Ukraine; including in the same underhanded method used in Crimea without an overt invasion by Russian forces. The story breaking tonight on Reuters (via the Times of Oman) indicates exactly how serious this situation has become: ‘Nato to respond if Russian troops infiltrate Ukraine’ By Reuters…


Moldova Feels its Oats: Demands that Russia Removes its Peacekeepers from Transnistria

by John Galt August 5, 2014 16:35 ET As NATO, the paper tiger envisioned to generate enough bureaucrat to intimidate its own members into submission with bloated defense budgets on wasteful widgets instead of manpower and functional weapon systems appears to be working as a division of Soros, Inc. and the central banks, smaller nations under the belief that NATO and the West will actually intervene in their decades old disputes with Russia are suddenly feeling their oats. Today Moldova demanded that Russia remove the 1,500 “peacekeeping” troops which protect the…


In Obama and Hillary’s African Success Story, Libya Prepares for Civil War

by John Galt May 26, 2014 08:40 ET While the world’s attention has been removed from the human suffering in Egypt and Libya thanks to the neglect and incompetence of American foreign policy, the two North African nations are clearly on differing paths. Egypt, under Sisi, will return to a prototypical military dictatorship as they have endured for almost five decades, this time however they appear to be returning to a non-aligned if not outright pro-Russian foreign policy stance after the betrayal by the Obama administration at the hands of the…


A Fascinating Look how Modern Tech meets Old School Warfare in the Ukraine

  by John Galt March 24, 2014 17:55 ET While most Americans have no concept about the Ukraine, Crimea, or if they could locate either region or Russia with a map or worse, their ass with both hands, a mirror, and their pants dropped, the Ukrainians seem to be realizing that their days of “freedom” under an illegal regime are soon numbered. Trapped for days now on Donuzlav Lake thanks to the scuttling of several old Russian cargo ships by the Russian Navy, the Konstantin-Olshansky, NATO designate U402 as an assault…


03.14 BREAKING NEWS: Russian Bank Run OUT of Western Institutions Underway

  by John Galt March 14, 2014 19:40 ET The headline does not mince any words as indeed, the Russians are getting the hell out of the West in what can only be called a bank run which appears to have been underway for possibly the entire week. CNBC shockingly covered this as the opening story on Larry Kudlow’s program tonight as well as it being one of the headline stories at the DrudgeReport. First the breaking news tonight from the Financial Times: Russian companies withdraw billions from west, say Moscow…


Give the Russians Credit, they Took American and DNC Marketing Lessons

  by John Galt March 9, 2014 20:43 ET From the Ukrainian website, TheInterpreter where apparently all of those lessons the American media and Democratic National Committee has finally paid off when one checks out this billboard about the upcoming Crimean referendum on joining Russia: From the website’s daily blog on the Ukrainian crisis: The text on the billboard reads “On March 16 we choose between [Nazi Crimea] or [Russian Crimea]. This fits with Russian presentations of the Maidan movement in Ukraine as a neo-Nazi manifestation. The choice suggested on this…


June 17, 2012 A World in Turmoil

  by John Galt June 17, 2012  08:30 ET   With the news of the last week, some of which I have linked to in this piece, it is amazing when one takes a step back and realizes that we truly are witnessing a world in turmoil. This is how it begins with a lack of U.S. leadership as a vacuum creates opportunity for radicals to create problems worldwide, and of course the biggest black hole in the world is in Washington, D.C. where the word “leadership” is a joke. Each…


Over $5 for One Dozen Eggs? Welcome to Eurosocialism, coming here soon

by John Galt March 4, 2012 01:15 ET While American citizens bitch and moan over $4 gasoline, the Europeans have found that Environmentalist Lunacy and Socialism (also known as ELS or Obamasitis) is about to create shortages at not just the breakfast table but across the entire European Union and United Kingdom, but in the very goods they take for granted to bake or flavor other foods. The European Egg Processors Association posted the first warning shot by the UBP (Union for Belgian Egg Products) via their press release of February…


Italy = Borat…Thank you ZeroHedge for the Tweet of the Day

by John Galt January 13, 2012 18:00 ET And now, presenting the Tweet of the day courtesy of ZeroHedge: I think old “Tyler Durden” said it without thinking of us minions and our twisted sense of humor. However, here is S&P’s downgrade in full from their website (Click on this link to read the full damage):   S&P downgrades Italy rating via Channel News Asia Posted: 14 January 2012 0508 hrs ROME: Standard and Poor’s has decided to downgrade Italy’s credit rating by two notches to BBB+ from A, Italian news…


The Coming Collapse might be your Final Chance to Legally Buy Physical Gold this Decade

By John Galt December 14, 2011 – 07:15 ET The current European implosion is bringing about a probable once in a lifetime opportunity which sadly might just be the last chance this decade to buy physical gold before capital controls worldwide and within the U.S. make it difficult if not impossible. The history of economic strife and plans by world governments to impose massive restrictions on the flow of funds to prevent internal collapse make gold an attractive target for seizure as political failings along with management of command control economies…


How the Winter Collapse of Europe leads to Obama Winning a Second Term

By John Galt December 7, 2011 – 05:00 ET As Europe burns, bankers stew, and investors fret one man is asking his shopping crazed wife to start selecting the theme for their home for 2013 and beyond. Unfortunately, that man is President Barrack Obama and the shopper is his wife, Michelle. How is this possible with the horrid job he has done since 2009 and the anger from his own constituents along with the Republican and Conservative furor about the expanded role government now plays in our lives? It is not…


The Islamist Winter begins to assert itself in North Africa

By John Galt December 4, 2011 – 21:45 ET Two stories from Reuter’s African news wire tells the tale of trouble that so many of us warned would be a result of these “popular” uprisings. The first story is straight out of the conflict of cultures under way in the nation of Tunisia: Islamists and secularists in Tunisia stand-off Last I checked, from this particular blog, all I can say is: But hey, who am I to say that? Oh yes, that guy who warned all the num-nuts who claimed that…


And when the European MBS market collapses, will the Fed buy that also?

By John Galt December 1, 2011 – 05:30 ET A brief note in reference to this Bloomberg-Business Week article from yesterday: European CMBS Outlook Worsens as Borrowers Fail to Repay Loans According to the article, only 5 out of 35 European commercial mortgage backed securities were repaid at the end of October. With over €14 billion of CMBS due to rollover in 2012 and a large portion of that residing in Germany, the question has to be asked after yesterday’s actions if the Fed will bail them out by purchasing foreign…


Think the Crisis is over? Hong Kong is worried about another “Lehman Brothers-type debacle”

By John Galt August 28, 2011 – 22:00 ET I for one, do not blame them in the least. Despite reports earlier tonight of two Greek banks merging to “strengthen” the system there, the fears of a potential Lehman Brothers style event are rampant among the insiders of the world financial elites. The nation of Hong Kong which suffered greatly during the Asian Tiger crisis of the 1990’s created a system where sensitivities to foreign bank issues and investment in region requires extra monitoring by the authorities. Thus when this story…


8/28 AEP: Euro bail-out in doubt as “hysteria” sweeps Germany

By John Galt August 28, 2011 – 16:05 ET Enough Irene and back to the other storm, brewing quietly but stronger in Europe. Ambrose Evan-Pritchard points out in today’s commentary from the UK Telegraph the dangerous road Germany is traversing with the leadership of Angela Merkel hanging in the balance. It is a must read as it highlights the point I have been making of the nature that this coming September will be “different this time” as many major financial issues coalesce in one point of time over a few weeks….



7/31 AEP: America is merely wounded, Europe risks death

By John Galt July 31, 2011 Tonight old Ambrose Evans-Pritchard hits a home run. A definite must read. Click on the title to read the entire editorial from the UK Telegraph: America is merely wounded, Europe risks death We have a glimmer of hope. The key indicators of the US money supply are at last firing on all cylinders, a dramatic turn for the better that would normally signal recovery or even a mini-boom within the next six to 12 months. Needless to say, these are not normal times. The US…


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