Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Friday Stock Market CRASH Following Israel Attack on Iranian Nuclear Facilities - 19th Apr 24
All Measures to Combat Global Warming Are Smoke and Mirrors! - 18th Apr 24
Cisco Then vs. Nvidia Now - 18th Apr 24
Is the Biden Administration Trying To Destroy the Dollar? - 18th Apr 24
S&P Stock Market Trend Forecast to Dec 2024 - 16th Apr 24
No Deposit Bonuses: Boost Your Finances - 16th Apr 24
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
S&P SEASONAL ANALYSIS - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Planned Fracturing of EU Jubilee Year Continues: Greece, Italy, Spain Consider Exiting

Politics / European Union Aug 12, 2016 - 11:49 AM GMT

By: Jeff_Berwick

Politics

When we started The Dollar Vigilante in 2010 we stated that the worldwide central banking fiat money system would collapse within the decade.

It was just math.  Government debt continues to mount and the only way to pay interest on the debt is to print more money.  The US government, alone, has doubled its debt in the last eight years, from under $9 trillion to now well over $19 trillion.


Almost every Western government has done similarly and central banks continue to print money to make the dead system seem like it is still alive.

Early in 2015 we caught on to an occult (hidden) timeline by which major financial events occur called the Shemitah, and the year after called the Jubilee (or Super Shemitah). On the end day of the once-every-seven-year Shemitah, in 2015, we wrote, “Eurozone Collapses, Borders Erected Across Europe On Shemitah End Day“.

A few accused us of making a mountain out of a mole hill.  They said, to paraphrase, “This is just a temporary issue related to the refugees, it’ll be fixed soon and the EU will be back to normal.” We, on the other hand, stated that we expected the EU to be in tatters by the end of the Jubilee Year (October 2, 2016).

And look at what has happened.

The so-called “refugee crisis” has been the most talked about thing in Europe for the last year.  Massive chaos and terror attacks (although many were false flags) carried out, and countless figures in politics have said the EU is over. Philippe Legrain, a former economic adviser to the president of the European Commission, admits what is common knowledge in an article for Project Syndicate.

Leaving the EU once seemed outlandish: no country had ever done it, and only extremists even proposed it. Brexit now makes leaving seem feasible and, to some, reasonable. Already, Geert Wilders, whose far-right Freedom Party is leading in the polls ahead of the Netherlands’ general election next March, is demanding a referendum on EU membership. So, too, is the Danish People’s Party, which is the biggest party in the Danish parliament, but remains out of government.

The capture of governments by nationalist anti-establishment parties worries him. Perhaps as a Euro-centrist he should be worried. He cries out that Europe’s leaders “need to restore trust.” But his solutions are symptomatic of the problem. He wants to use the EU’s new bail-in rules, for instance,  “to clean up banks’ balance sheets.” He claims this will allow Brussels to compensate small investors “who were sold a false bill of goods.” But this is a fantasy: So-called small investors will be the losers as they always are.

Right now, of course, it is fashionable to come to the defense of the “little guy,” Brexit has scared the Brussels bigwigs, and the South is starting to unite against European willingness to destroy their cultures.  Spain, Greece and Italy are all in various levels of political disarray  and their leaders find it impossible to endorse the status quo.

Spain must deal with considerable sentiment supporting secession. The Basques in the North have been fighting for hundreds if not thousands of years to support an independent state and we support them (we support all secession movements). The Catalans continue to push forward with secession as well with our support. Greece remains in terrible shape, unable to pay its sovereign debts and racked by internal strife. Italy faces the foundering of its entire banking system and the ramification will surely further destabilize Europe significantly and could even sink the euro.

Even French officials now indicate disapproval with the current system and are joining with the rest of the South to confront Germany on austerity and other measures. The recipe for “recovery” preached by Germany involves higher taxes and less public spending at a time when the target country’s economy is already in tatters. The results are inevitably increased poverty, unemployment, hopelessness and anger.

Bitter days are brewing. Sparked by France, leaders of France, Italy, Spain, Portugal, Cyprus, Greece and Malta intend to meet in Athens on September 9 to create a counter-narrative. Germany is to be confronted on a variety of fronts and especially on austerity.

In April, the Prime Minister of Portugal Antonio Costa signed a joint declaration, demanding austerity policies be jettisoned. “Austerity policies are keeping economies depressed and societies divided,” the statement read in part. As always, the emphasis is on unity. something that is hardly feasible at the moment.

Europe is falling apart piece by piece just as we predicted. Brexit was the first blow but will not be the last. Various elements of secession are being introduced and some surely will be more successful than others. The ultimate outcome is sure to be a more factionalized, failed Europe.

In fact, this is actually what is being sought. Those who created Europe in the first place always intended for it to take its place as a larger piece of the puzzle. Strong European cultures are to be eradicated by bloodshed as necessary. Migration and terrorist “false flag” attacks are to be stepped up. Third parties area actually to be encouraged because they are polarizing.

The politicians in Europe are like modern politicians anywhere else.  Their goal is to please their globalist masters and they will do what is necessary to achieve this end. Europe is disintegrating and its pols seem to be working hard to allay the worst impacts of the destruction. But really they are not. They are all on the same side and the EU and Europe itself may well be doomed.

It is hard to figure out exactly what is going on, but our understanding of Shemitah and Jubilee timelines give us an advantage… one we used to predict the initial EU chaos – when everyone doubted us – and one which has allowed us to participate with incredible success in these markets. Our TDV portfolio is up some  200 percent and our Senior Analyst Ed Bugos continues to pick 100 percent gainers on a regular basis.

Our understanding of all facets of how central banking really works, gold and silver, and our insights into the larger sociopolitical and economic scene are the elements that account for our investing advantages and we’d like to share them with you.

We did very well by anticipating both the EU and Brexit chaos because we were prepared. Wouldn’t you like to know what else we are prepared for? It can provide you both profits and safety if you act now (see more on subscribing here). In the fall, the Jubilee Year ends on October 2, I fully expect much more ominous events to be taking place at that time and I anticipate we will take advantage of them just as before to generate enormous profits. And, likewise beyond the end of the Jubilee year as we see the puzzle pieces falling into place and can best analyze how to not only survive through the chaos but profit from it.

Those in Europe should be extra vigilant.  Massive changes are on the horizon and the mainstream media will not televise the revolution until it is too late.

Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.

© 2016 Copyright Jeff Berwick - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Jeff Berwick Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in