Tic-toc… tic-toc… to global war

I have been trying to find an analogy that would adequately illustrate what it feels like to watch the development of an event all the while being helpless to do anything about it.

Try as I may, the only image that comes to mind is that of the 1937 newscaster that witnessed the destruction of the Hindenburg. The only difference being that I could see this happening before hand.

Today, via Zerohedge, we have bonafide, third party, main stream confirmation of what was already clear was happening a decade ago:

“Multi Trillion Bank Bailout Leads To Multi Billion Bank Profits Bloomberg Finds

What remains to be seen is whether this “finding” by a serous main stream publication can open the eyes of the general public.

In the meantime, the UK Foreign Office is warning of the imminent break down of social order in Europe. Read the article. There is rare use of conditionals in any of the phrases. The Foreign Office is warning that there will be strife. Admittedly, the FO only warns of strife in Europe. But the reality on the ground says that the USA will not be immune either.


This is, by the way, the reason behind the gradual militarization of formerly civic institutions such as the police. Any of you remember the repatriation of a combat brigade from the Iraq war theater for deployment at home in the USA… in urban settings… in civilian urban settings? If not, do a search on the internet or on this blog.

As the arithmetic underpinning out monetary system assures us, unless our current monetary system can assimilate a new currency and a new market of import, then this is it. The debt load now weighing on the global monetary system is such that no degree of productivity that may be found henceforth can service the debt.


[…] the Bank of International Settlements reported a number that quietly slipped through the cracks of the broader media. Which is paradoxical because it is the biggest ever reported in the financial world: the number in question is $707,568,901,000,000 and represents the latest total amount of all notional Over The Counter (read unregulated) outstanding derivatives reported by the world’s financial institutions to the BIS for its semi-annual OTC derivatives report titled “OTC derivatives market activity in the first half of 2011.”

And here is the problem.

When the benefits of open society are gradually and glaringly eroded; when civil liberties are progressively withdrawn; when social promises are rolled back; when public infrastructure and services can no longer be maintained;  when the time between what a politician promises in order to be elected and when they renege on their promises is counted in weeks; … and when a restricted gang of politicians and bankers are caught defrauding the public and making away with Billions over and over again throughout Western countries….

… why would anyone think that revolution would be unthinkable?

But today, no Western politician can in good conscience do what needs to be done. Not if doing what needs to be done means recognizing that despite our self proclaimed standing on the moral high ground, they (our politicians) are no better than your garden variety Mugabe.

So, when you are financially and socially cornered and you are not willing to admit that you have fucked up, what do you do?

Traditionally, you precipitate a war.

2013/2015 and we’ll have us our global war. Stand by for the next foreign evil to be foisted upon the unemployed, homless, hungry masses.







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3 Responses to “Tic-toc… tic-toc… to global war”

  1. Pat Donnelly Says:



    The laws are being changed to protect some at the expense of others ….. as usual! War is likely, but against soft targets, ie tail wag the dog scenarios.

    For those on the sharp end it will be real. 1984 was not about war, but social control. There will soon be 12 Mn souls and TPTB need to be able to issue orders. So they need laws.

    The banking machine is bust so it is being recapitalized by taxes. Unions will arise again. Proximity has been undermined by WWW but not eliminated! The west is being stripped of wealth and the rest is hanging onto theirs. This will result in greater equality of wealth and opportunity.

    Why do you, personally fear war? Know anyone affected by 9/11? Those killed were victims of agitators, who needed to release floods of credit. I guess I have been innoculated by being more aware than most?

  2. Manor Mouse Says:

    I don’t doubt you’re basically right. But need it be a war as such? I favour a ‘bird flu’ pandemic.

    • guidoamm Says:

      When social unrest organizes across borders and the political status quo is threatened, it’ll be a war. Simply because a flu pandemic by itself cannot obliterate industrial capacity.

      For Western politicians the problem is twofold. On one hand, you have the masses who are now gradually realizing that all the benefits and protections they thought they had won, won’t be paid. They are now jobless, homeless and possibly hungry.
      The same realization will also don on those people members of institutions that are meant to protect the political order such as the police.

      On the other hand, the easy debt of the past 20 years has brought about excess industrial capacity. This too needs to be obliterated in order to be able to reset the monetary system. Because I can virtually guarantee that when we’ll come out the other side of this crisis, most will have forgotten the reason we entered the crisis. Just like what happened after WWII. The horror of the war was such that few stopped to think about their quality of life prior to the war and the real potential reasons why the war should have happened.

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