Well, there it is... the alleged sexual assault case against former head of the International Monetary Fund and French Presidential candidate Dominique Strauss-Kahn is beginning to fall apart - less than a week after right-winger and pro-Chicago school Christine Lagarde is confirmed as his replacement at the IMF, and after his Chicago-school IMF deputy and former JP Morgan insider John Lipsky managed to force through the stiff "national asset confiscation" austerity plan on the hapless Greek people.
But what just happened? And why?
During his tenure at the IMF, Dominique Strauss-Kahn committed two cardinal boo-boos from the point of view of the world's corporate bankster cartels. First, he suggested that in the current climate of bailouts and endless money printing, perhaps it was wrong to expect the taxpayers of the world to lose their homes, savings, and jobs to pay off *all* the gambling debts of the big international banks themselves. Perhaps, he suggested, some of the bondholders of the banks should pay *some* of the cost, too. After all, this is capitalism, and it was they who'd decided to gamble their money, and the value of your investment may go down as well as up.
Well, that's not how the banksters see it. If the value of their investment goes up - hurrah! They're the masters of the universe, and they make shedloads of money and take massive bonuses for their great knowledge and talent. But if the value of their investment goes *down* - nooo! It's not their fault - they just lost a bet, why should they have to pay? No, in that case, the taxpayers of the world should have to borrow loads of money to pay off the banksters' debts now, then spend the next 20 or 30 years paying it off. If not - the banksters assured us - the sky would fall, and the world as we know it would come to an end. It's a classic gangster protection racket: "Give us your money, or the economy gets it!" That's what 21st century capitalism is!
So, strike one against DSK. You never, ever, tell the banksters they're going to lose money.
Second, DSK had begun to suggest - in response to cries of "foul!" from China, Russia, Brasil, India, and a host of other countries, that the IMF might be able to create a kind of "virtual world currency". The reason for this was that the Bush and Obama administrations, in introducing QE, or "quantitative easing", had been rapidly devaluing the *current* global reserve currency, the US dollar. This meant that all those nations (like China, Russia, Brasil, etc, etc) that kept lots of their money in dollars were losing out hand over fist - effectively they were footing the bill for the US dollar's devaluation. DSK was a firm supporter of what's called "Strategic Drawing Rights", or SDRs, which are a kind of virtual currency composed of a basket of other international currencies. If the rest of the world agreed to accept SDRs as a replacement for the US dollar to keep all their foreign reserves in, the US government (and the banksters) would be seriously compromised in their ability to devalue the dollar and force other nations to effectively pay off their debts.
Strike two. You never, ever, tell the US govt or the banksters the dollar is not the global reserve currency.
But what was the third strike?
This is where current French president Nicolas Sarkozy comes in. It's widely reported that Sarko's administration has a huge intelligence gathering network (paid for by French taxpayers) gathering dirt on his political opponents and often conducting smear campaigns against them - the recent bouts against both former French PM Dominique De Villepin *and* former French President Jacques Chirac are good examples of this. Dominique Strauss-Kahn was / is a popular, left-leaning member of the socialist party who was widely expected to oust Sarko and become French president in 2012. Over the weeks and months leading up to the DSK / IMF scandal, DSK himself indicated he was being targeted in smear campaigns by Sarko, and even warned that someone might try and ensnare him in a "honey trap" or sexual scandal.
Today, 1st July 2011, the case against DSK is starting to unravel. The political assassination hatchet job has been done: he has been removed from the IMF, and somebody *far more* compliant to the bankster pro-dollar lobby has been installed in his place. Christine Lagarde belongs to the "Chicago school" of economic thought, the same school whose proponents and ideas were largely responsible for the current economic collapse in the first place. She can be relied upon to give countries like Greece a hard time, and ensure that the IMF doesn't cause problems for the US dollar devaluation or bankster bailouts and widening austerity throughout the western world.
But there's still a window in the French presdential campaign. Theoretically, for the next 2 weeks, a released and acquitted DSK *could* conceivably still announce his candidacy for the French presidency. Remember that number: 2 weeks. After Bastille Day, the race is closed, no more bets, rien ne va plus.
Manuscripts Don't Burn believes this is where we see how much of a role Sarko played in the political assassination. If he's able to stall the case for another 2 weeks - keep DSK in the USA, even if released and bail returned - until 14th July, with a shadow hanging over him, then he'll be unable to run for the presidency. In that case, it's reasonable to conclude that Sarko has been a leading player in the assassination. If *not*, and DSK is released unconditionally in the next few days, all charges dropped, and is able to announce his candidacy, then Sarko hasn't been strong enough to call the shots, and it looks like the IMF lobby had the upper hand in the assassination.
We wouldn't like to put money on it.
Either way, the hatchet job is done. Greece is stuffed, the bankster riches are increasing hugely, and the rest of us are slated to foot the bill. Expect more of the same.
What a darker place the world has become over the past ten years. Those of us raised in the latter part of the 20th century still like to think of our governments and the authorities as benevolent and well-meaning. But we shouldn't forget: governments can change. Countries can change. And very quickly: in 1926, Weimar Germany was a vibrant, liberal society with a sparkling and progressive culture; by 1936, the darkness of Nazism was strangling the life out of the country. In 1912, Russia seemed to be moving towards liberal democracy; by 1922, it had been decimated by war, revolution, and civil war, and faced decades of totalitarianism.
Manuscripts Don't Burn imagines people in those countries didn't believe it could happen to them either.
Friday, 1 July 2011
Thursday, 14 April 2011
The Sound of Jackboots...
As we embark very earnestly now on their blatant attempt to recreate the 1930s, Manuscripts Don't Burn would like to note recent attempts by the UK corporate government to stoke the fires of racism, stereotyping, and xenophobia in an attempt to distract the undereducated disenfranchised masses from the growing economic horror unravelling around them.
After thirty years of demolishing the education system, it's hardly surprising many in the UK today do not know their history well enough to know this scapegoating racist crap for what it is. The UK has been a multi-cultural, multi-racial society for half a century, a mongrel nation enriched by countless cultures over many centuries.
An act of political legerdemain, mass misdirection to blame a minority for the country's woes rather than the real culprits, the banksters who are leading us back to the future.
Stoke the fires. Unfurl the flags. Get ready for the Two Minutes' Hate. The economy is going down the tubes, and the government wants you to attack ANYONE except them. Time once again for a scapegoat...
After thirty years of demolishing the education system, it's hardly surprising many in the UK today do not know their history well enough to know this scapegoating racist crap for what it is. The UK has been a multi-cultural, multi-racial society for half a century, a mongrel nation enriched by countless cultures over many centuries.
An act of political legerdemain, mass misdirection to blame a minority for the country's woes rather than the real culprits, the banksters who are leading us back to the future.
Stoke the fires. Unfurl the flags. Get ready for the Two Minutes' Hate. The economy is going down the tubes, and the government wants you to attack ANYONE except them. Time once again for a scapegoat...
Tuesday, 5 April 2011
Libya - The US vs China Agenda
(Paraphrased from Paul Craig Roberts' comment on the Zerohedge website. With thanks and credit to Paul.)
In the 1930s the US, Great Britain, and the Netherlands set a course for World War II in the Pacific by seizing Japan’s bank accounts in their countries that Japan used to pay for imports and cut Japan off from oil, rubber, tin, iron and other vital materials. Was Pearl Harbour Japan’s response?
Now Washington and its NATO puppets are employing the same strategy against China.
Protests in Tunisia, Egypt, Bahrain, and Yemen arose from the people protesting against Washington’s tyrannical puppet governments. However, the protests against Gaddafi, who is not a Western puppet, appear to have been organized by the CIA in the eastern part of Libya where the oil is, and where China has substantial energy investments.
Eighty percent of Libya’s oil reserves are believed to be in the Sirte Basin in eastern Libya, now controlled by rebels supported by Washington. As seventy percent of Libya’s GDP is produced by oil, a successful partitioning of Libya would leave Gaddafi’s Tripoli-based regime impoverished. http://www.energyinsights.net
The People’s Daily Online (March 23) reported that China has 50 large-scale projects in Libya. The outbreak of hostilities has halted these projects and resulted in 30,000 Chinese workers being evacuated from Libya. Chinese companies report that they expect to lose hundreds of millions of yuan.
China is relying on Africa, principally Libya, Angola, and Nigeria, for future energy needs. In response to China’s economic engagement with Africa, Washington is engaging the continent military with the US African Command (AFRICOM) created by President George W. Bush in 2007. Forty-nine African countries agreed to participate with Washington in AFRICOM, but Gaddafi refused, thus creating a second reason for Washington to target Libya for takeover.
A third reason for targeting Libya is that Libya and Syria are the only two countries with Mediterranean sea coasts that are not under the control or influence of Washington. Suggestively, protests also have broken out in Syria. Whatever Syrians might think of their government, after watching Iraq’s fate and now Libya’s, it is unlikely that Syrians would set themselves up for US military intervention. Both the CIA and Mossad are known to use social networking sites to foment protests and to spread disinformation. These intelligence services are the likely conspirators that the Syrian and Libyan governments blame for the protests.
Caught off guard by protests in Tunisia and Egypt, Washington realized that protests could be used to remove Gaddafi and Assad. The humanitarian excuse for intervening in Libya is not credible considering Washington’s go-ahead to the Saudi military to crush the protests in Bahrain, the home base for the US Fifth Fleet.
If Washington succeeds in overthrowing the Assad government in Syria, Russia would lose its Mediterranean naval base at the Syrian port of Tartus. Thus, Washington has much to gain if it can use the cloak of popular rebellion to eject both China and Russia from the Mediterranean. Rome’s mare nostrum (“our sea”) would become Washington’s mare nostrum.
“Gaddafi must go,” declared Obama. How long before we also hear, “Assad must go?”
The American captive press is at work demonizing both Gaddafi and Assad, an eye doctor who returned to Syria from London to head the government after his father’s death.
The hypocrisy passes unremarked when Obama calls Gaddafi and Assad dictators. Since the beginning of the 21st century, the American president has been a Caesar. Based on nothing more than a Justice Department memo, George W. Bush was declared to be above US statutory law, international law, and the power of Congress as long as he was acting in his role as commander-in-chief in the “war on terror.”
Caesar Obama has done Bush one step better. Caesar Obama has taken the US to war against Libya without even the pretense of asking Congress for authorization. This is an impeachable offense, but an impotent Congress is unable to protect its power. By accepting the claims of executive authority, Congress has acquiesced to Caesarism. The American people have no more control over their government than do people in countries ruled by dictators.
Washington’s quest for world hegemony is driving the world toward World War III. China is no less proud than was Japan in the 1930s and is unlikely to submit to being bullied and governed by what China regards as the decadent West. Russia’s resentment to its military encirclement is rising. Washington’s hubris can lead to fatal miscalculation.
In the 1930s the US, Great Britain, and the Netherlands set a course for World War II in the Pacific by seizing Japan’s bank accounts in their countries that Japan used to pay for imports and cut Japan off from oil, rubber, tin, iron and other vital materials. Was Pearl Harbour Japan’s response?
Now Washington and its NATO puppets are employing the same strategy against China.
Protests in Tunisia, Egypt, Bahrain, and Yemen arose from the people protesting against Washington’s tyrannical puppet governments. However, the protests against Gaddafi, who is not a Western puppet, appear to have been organized by the CIA in the eastern part of Libya where the oil is, and where China has substantial energy investments.
Eighty percent of Libya’s oil reserves are believed to be in the Sirte Basin in eastern Libya, now controlled by rebels supported by Washington. As seventy percent of Libya’s GDP is produced by oil, a successful partitioning of Libya would leave Gaddafi’s Tripoli-based regime impoverished. http://www.energyinsights.net
The People’s Daily Online (March 23) reported that China has 50 large-scale projects in Libya. The outbreak of hostilities has halted these projects and resulted in 30,000 Chinese workers being evacuated from Libya. Chinese companies report that they expect to lose hundreds of millions of yuan.
China is relying on Africa, principally Libya, Angola, and Nigeria, for future energy needs. In response to China’s economic engagement with Africa, Washington is engaging the continent military with the US African Command (AFRICOM) created by President George W. Bush in 2007. Forty-nine African countries agreed to participate with Washington in AFRICOM, but Gaddafi refused, thus creating a second reason for Washington to target Libya for takeover.
A third reason for targeting Libya is that Libya and Syria are the only two countries with Mediterranean sea coasts that are not under the control or influence of Washington. Suggestively, protests also have broken out in Syria. Whatever Syrians might think of their government, after watching Iraq’s fate and now Libya’s, it is unlikely that Syrians would set themselves up for US military intervention. Both the CIA and Mossad are known to use social networking sites to foment protests and to spread disinformation. These intelligence services are the likely conspirators that the Syrian and Libyan governments blame for the protests.
Caught off guard by protests in Tunisia and Egypt, Washington realized that protests could be used to remove Gaddafi and Assad. The humanitarian excuse for intervening in Libya is not credible considering Washington’s go-ahead to the Saudi military to crush the protests in Bahrain, the home base for the US Fifth Fleet.
If Washington succeeds in overthrowing the Assad government in Syria, Russia would lose its Mediterranean naval base at the Syrian port of Tartus. Thus, Washington has much to gain if it can use the cloak of popular rebellion to eject both China and Russia from the Mediterranean. Rome’s mare nostrum (“our sea”) would become Washington’s mare nostrum.
“Gaddafi must go,” declared Obama. How long before we also hear, “Assad must go?”
The American captive press is at work demonizing both Gaddafi and Assad, an eye doctor who returned to Syria from London to head the government after his father’s death.
The hypocrisy passes unremarked when Obama calls Gaddafi and Assad dictators. Since the beginning of the 21st century, the American president has been a Caesar. Based on nothing more than a Justice Department memo, George W. Bush was declared to be above US statutory law, international law, and the power of Congress as long as he was acting in his role as commander-in-chief in the “war on terror.”
Caesar Obama has done Bush one step better. Caesar Obama has taken the US to war against Libya without even the pretense of asking Congress for authorization. This is an impeachable offense, but an impotent Congress is unable to protect its power. By accepting the claims of executive authority, Congress has acquiesced to Caesarism. The American people have no more control over their government than do people in countries ruled by dictators.
Washington’s quest for world hegemony is driving the world toward World War III. China is no less proud than was Japan in the 1930s and is unlikely to submit to being bullied and governed by what China regards as the decadent West. Russia’s resentment to its military encirclement is rising. Washington’s hubris can lead to fatal miscalculation.
Wednesday, 27 January 2010
Government Lies: the So-called "Recovery"
Just amazing the amount of bollocks that's being touted around by complicit media stooges saying the depression is now over and we're now in some kind of miraculous "recovery".
Absolute craven tosh. This thing has hardly begun yet. The Big Collapse is still proceeding apace. Inflation is finally working through the system, so we're getting price increases again, and increasing stock market, etc, etc, and the media bangs on crowing how brilliant this all is - a bit like saying the fire of Rome was good for keeping us all nice and warm, or starvation's fine cos we could all do to lose a bit of weight. Asinine nonsense.
Next up we're seeing the Option ARM and Alt-A mortgage crisis during the course of this year, which will make subprime seem like a cakewalk. Sovereign debt crisis, when the smoke and mirrors don't work any more - collapse of the pound and likely the dollar. Massive inflation, wiping out everyone's savings. Exchange controls. Repatriation of silver and gold. Unemployment (the *real* unemployment, not the "actively seeking work and receiving benefit" bollocks they try and palm us off with) about to really kick-in and exceed 20%. It won't be soup kitchens this time - it'll be "vouchers". The banks are still hiding their insolvency; the next laugh is that they're going to want more, MUCH more. Governments are printing money; the rest of us are being told by a corrupt media that we should all stick our heads in the sand because it's all getting much better, when in fact it's steadily getting MUCH worse, and these bastards in charge are making it so in exchange for stuffing their pockets and buying some short-term political gain.
Amazing how much bullshit the media talk. Either they're as corrupt and self-serving as the government and banksters, or they're terrified of what they can see and determined to spout propaganda in the vain hope some hapless prole swallows it and maybe - just maybe - if we all wish hard enough the Bad Man might leave us alone.
We're fed up of your lies. We've seen this coming for years, and so far it's all playing out according to plan. Thankfully, we no longer have to rely on you media "experts" for our information... "Jobless recovery"? Arse...
Absolute craven tosh. This thing has hardly begun yet. The Big Collapse is still proceeding apace. Inflation is finally working through the system, so we're getting price increases again, and increasing stock market, etc, etc, and the media bangs on crowing how brilliant this all is - a bit like saying the fire of Rome was good for keeping us all nice and warm, or starvation's fine cos we could all do to lose a bit of weight. Asinine nonsense.
Next up we're seeing the Option ARM and Alt-A mortgage crisis during the course of this year, which will make subprime seem like a cakewalk. Sovereign debt crisis, when the smoke and mirrors don't work any more - collapse of the pound and likely the dollar. Massive inflation, wiping out everyone's savings. Exchange controls. Repatriation of silver and gold. Unemployment (the *real* unemployment, not the "actively seeking work and receiving benefit" bollocks they try and palm us off with) about to really kick-in and exceed 20%. It won't be soup kitchens this time - it'll be "vouchers". The banks are still hiding their insolvency; the next laugh is that they're going to want more, MUCH more. Governments are printing money; the rest of us are being told by a corrupt media that we should all stick our heads in the sand because it's all getting much better, when in fact it's steadily getting MUCH worse, and these bastards in charge are making it so in exchange for stuffing their pockets and buying some short-term political gain.
Amazing how much bullshit the media talk. Either they're as corrupt and self-serving as the government and banksters, or they're terrified of what they can see and determined to spout propaganda in the vain hope some hapless prole swallows it and maybe - just maybe - if we all wish hard enough the Bad Man might leave us alone.
We're fed up of your lies. We've seen this coming for years, and so far it's all playing out according to plan. Thankfully, we no longer have to rely on you media "experts" for our information... "Jobless recovery"? Arse...
Saturday, 23 January 2010
UK Election Campaign - Government ups "terror level"
"Terrorist attack is highly likely" claim marks start of UK election campaign.
Yup, it's election time again - and just like clockwork the security services have raised the terror alert to make sure everyone is suitably frightened. Also, BAE Systems (you know - the ones who took all those Saudi bribes which we're not allowed to investigate because of national security?) have landed a big contract to spy on the British population in their back gardens using remote surveillance drones, so there's plenty of reason to ramp up the fearmongering there too.
Imagine - 9 years and Osama Bin Laden apparently still alive. Isn't it good the government is spending our taxes on spying on us? Maybe he's hiding in someone's garden shed in Surbiton?
Yup, it's election time again - and just like clockwork the security services have raised the terror alert to make sure everyone is suitably frightened. Also, BAE Systems (you know - the ones who took all those Saudi bribes which we're not allowed to investigate because of national security?) have landed a big contract to spy on the British population in their back gardens using remote surveillance drones, so there's plenty of reason to ramp up the fearmongering there too.
Imagine - 9 years and Osama Bin Laden apparently still alive. Isn't it good the government is spending our taxes on spying on us? Maybe he's hiding in someone's garden shed in Surbiton?
Tuesday, 5 January 2010
Freedom of Speech includes those we despise
Today, the Home Secretary is ready to ban a provocative anti-war march in Wootton Basset, reports the Daily Mail and other press organs.
Remember this day. Voltaire once said, "I do not agree with a word you say, but I will fight to the death for your right to say it". Today that principle died in the UK. For years we've accepted provocative marches like the Orange men, CND, BNP, whatever, as the price to pay for living in a liberal democracy. Today, thanks to lots of jingoist, outraged fear and loathing propaganda and Daily Mail bigotry, we've given up yet another of our civil liberties.
Here's what Chomsky says: "If you believe in freedom of speech, you believe in freedom of speech for views you don't like. Stalin and Hitler, for example, were dictators in favor of freedom of speech for views they liked only. If you're in favor of freedom of speech, that means you're in favor of freedom of speech precisely for views you despise."
Freedoms are always hard-won, and easily lost. Here goes another one. Remember - the next time you want to protest, or exercise your freedom of speech, you may no longer be allowed...
Remember this day. Voltaire once said, "I do not agree with a word you say, but I will fight to the death for your right to say it". Today that principle died in the UK. For years we've accepted provocative marches like the Orange men, CND, BNP, whatever, as the price to pay for living in a liberal democracy. Today, thanks to lots of jingoist, outraged fear and loathing propaganda and Daily Mail bigotry, we've given up yet another of our civil liberties.
Here's what Chomsky says: "If you believe in freedom of speech, you believe in freedom of speech for views you don't like. Stalin and Hitler, for example, were dictators in favor of freedom of speech for views they liked only. If you're in favor of freedom of speech, that means you're in favor of freedom of speech precisely for views you despise."
Freedoms are always hard-won, and easily lost. Here goes another one. Remember - the next time you want to protest, or exercise your freedom of speech, you may no longer be allowed...
Wednesday, 30 December 2009
Yemen: A Front Too Far?
This is a very interesting development. For some time Saudi Arabia has been involved in the Yemeni civil war, fighting on the side of the Yemeni government against the "insurgents". For the past year or so, the US has been covertly involved in Yemen on the Saudi side (in its usual role as global mercenary), undertaking "cadre" operations to train up the counter-insurgency teams there.
An interesting coincidence, then, that the Detroit wannabe turrist bomber is now being linked with Yemen, despite being Nigerian. A bit like the 9/11 guys were linked with Iraq despite being Saudi Arabian - but we digress. And now, President Obama is making it very clear that he's going to be embroiling the US very overtly indeed in Yemen in the coming months, despite the US being already committed to two other wars in Iraq and Afghanistan.
So who's pulling whose strings? Manuscripts Don't Burn would subtly suggest that the Saudi royal family have enormous influence in US government circles, as we know from 9/11 and its aftermath, plus their buddy-buddy relationship with the Bush dynasty. Perhaps the Saudis aren't having as easy a time of it in Yemen as they'd've liked, and are calling in US favours?
One thing's for sure: 2010 is going to be a watershed. Global trends analysts are already raising warning flags that anti-Americanism and anti-NATOism are at their peak since 9/11, and that we've pissed off so many people in the Muslim world that a major terror event is very likely on the cards. In such an event, the global economy simply isn't strong enough to withstand the shock; the gold spike and subsequent dollar crisis would likely cause the whole house of cards to collapse.
Is that what's forcing America's hand? Fighting a war on three fronts just sounds historically stupid - but maybe it's the lesser of two evils? Given that Israel absolutely seems to be itching to bomb the hell out of Iran, and Iran has already said it will strike back, Manuscripts Don't Burn is probably quietly grateful that the CIA "regime change" ops currently engineering the so-called Green Revolution in Iran appears to be bearing fruit.
Manuscripts Don't Burn is a history fan. Of reading history, that is. And we don't mind saying, the current situation looks grim, grimmer than it has since WW2. The international tensions are at breaking point, and the US seems to be thrashing around wildly in its attempts to secure energy resources into the next decade, and not giving a damn who pays the price. At the moment the global economy is a global fake, and it's only our complicit media that's papering over the cracks. But the strain is starting to show; dollar collapse, bond strikes, and preemptive wars seem the order of the day for the next 12 months.
Looking back at our predictions for 2009, we made one major mistake: we failed to reckon with how much future agony our governments would commit us to in order to stave off pain today. When faced with the need for painful restructuring, our governments continued to borrow (print) money, plunging us (the taxpayers) into intolerable debt for the next generation, if not more. The depth of the irresponsibility has been breathtaking, exceeded only by the willing blindness of the gullible proles swallowing the party line and refusing to see the reality of where we're headed.
So - what's it to be? Chaotic collapse? Preemptive war? Global default (probably starting with the US and UK)? Trade wars? As usual, impossible to say. But one thing seems clear: 2010 will be the year of the Black Swan, the unpredictable straw that breaks the camel's back. This time next year, the Second Great Depression will be truly underway, and people may even be permitted to speak its name in public. After that, it's only a matter of time before gold repatriation kicks in again, commodity prices continue to deflate, and currency inflation reduces people's buying power to Depression levels.
It's not looking like a good year...
An interesting coincidence, then, that the Detroit wannabe turrist bomber is now being linked with Yemen, despite being Nigerian. A bit like the 9/11 guys were linked with Iraq despite being Saudi Arabian - but we digress. And now, President Obama is making it very clear that he's going to be embroiling the US very overtly indeed in Yemen in the coming months, despite the US being already committed to two other wars in Iraq and Afghanistan.
So who's pulling whose strings? Manuscripts Don't Burn would subtly suggest that the Saudi royal family have enormous influence in US government circles, as we know from 9/11 and its aftermath, plus their buddy-buddy relationship with the Bush dynasty. Perhaps the Saudis aren't having as easy a time of it in Yemen as they'd've liked, and are calling in US favours?
One thing's for sure: 2010 is going to be a watershed. Global trends analysts are already raising warning flags that anti-Americanism and anti-NATOism are at their peak since 9/11, and that we've pissed off so many people in the Muslim world that a major terror event is very likely on the cards. In such an event, the global economy simply isn't strong enough to withstand the shock; the gold spike and subsequent dollar crisis would likely cause the whole house of cards to collapse.
Is that what's forcing America's hand? Fighting a war on three fronts just sounds historically stupid - but maybe it's the lesser of two evils? Given that Israel absolutely seems to be itching to bomb the hell out of Iran, and Iran has already said it will strike back, Manuscripts Don't Burn is probably quietly grateful that the CIA "regime change" ops currently engineering the so-called Green Revolution in Iran appears to be bearing fruit.
Manuscripts Don't Burn is a history fan. Of reading history, that is. And we don't mind saying, the current situation looks grim, grimmer than it has since WW2. The international tensions are at breaking point, and the US seems to be thrashing around wildly in its attempts to secure energy resources into the next decade, and not giving a damn who pays the price. At the moment the global economy is a global fake, and it's only our complicit media that's papering over the cracks. But the strain is starting to show; dollar collapse, bond strikes, and preemptive wars seem the order of the day for the next 12 months.
Looking back at our predictions for 2009, we made one major mistake: we failed to reckon with how much future agony our governments would commit us to in order to stave off pain today. When faced with the need for painful restructuring, our governments continued to borrow (print) money, plunging us (the taxpayers) into intolerable debt for the next generation, if not more. The depth of the irresponsibility has been breathtaking, exceeded only by the willing blindness of the gullible proles swallowing the party line and refusing to see the reality of where we're headed.
So - what's it to be? Chaotic collapse? Preemptive war? Global default (probably starting with the US and UK)? Trade wars? As usual, impossible to say. But one thing seems clear: 2010 will be the year of the Black Swan, the unpredictable straw that breaks the camel's back. This time next year, the Second Great Depression will be truly underway, and people may even be permitted to speak its name in public. After that, it's only a matter of time before gold repatriation kicks in again, commodity prices continue to deflate, and currency inflation reduces people's buying power to Depression levels.
It's not looking like a good year...
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