Written by Paul Craig Roberts; Originally appeared at paulcraigroberts.org
The New Year is one full of economic, political, and war threats.
Among the economic threats are stock, bond, and real estate markets artificially pumped up by years of central bank money creation and by false reports of full employment. It is an open question whether participants in these markets are aware that underlying reality does not support the asset values. Central banks support stock markets not only with abundant liquidity but also with direct stock purchases. The Japanese central bank is now one of the largest owners of Japanese equities. Central banks, which are supposed to provide economic stability, have created a massive fraud.
Throughout the Western world politics has degenerated into fraud. No government serves the public’s interest. (See: https://www.paulcraigroberts.org/2017/12/29/eric-zuesse-explains-americas-worst-enemy/ ) Except for some former Soviet satellites in Eastern Europe, European governments have defied the will of the people by admitting vast numbers of refugees from Washington’s wars and others pretending to be refugees. The European governments further imperil their citizens with their support for Washington’s rising aggression toward Russia. The universal failure of democratic politics is leading directly to war.
The Saker explains that Americans with intelligence, honor, courage, and integrity have disappeared from the US national security establishment. In their place are arrogant morons high on hubris who believe: (1) We can buy anybody, (2) Those we cannot buy, we bully, (3) Those we cannot bully, we kill, (4) Nothing can happen to us, we live in total impunity no matter what we do. http://www.unz.com/tsaker/2018-war-or-no-war/
Scott Bennett reports that US soldiers are being propagandized that Russia is an enemy with whom we are headed to war. https://www.facebook.com/capsule.ninetynine.7/videos/1992321041038611/
The Anglo-Zionist empire is trying to overturn the Iranian agreement and to restart the attempt to overthrow the government of Syria. Lebanon’s Hezbollah is also in the empire’s sights. Washington is arming Ukraine in order to enable an attack on the breakaway provinces of Novorussia. Threats against North Korea escalate. Even little Venezuela is threatened with military intervention simply because the country wants to control its own destiny and not be controlled by Washington and the New York banks.
In the opinion of some, Russia’s very cautious diplomacy has increased the likelihood that Washington will miscalculate and give the world a third world war. By not accepting the requests of the breakaway Russian provinces in Ukraine to be reunited with Russia, the Russian government paved the way for Washington to provide the military means for its Ukrainian puppet to attempt to reconquer the provinces. Success would damage Russian prestige and encourage Washington in its aggressive actions. Sooner or later Russia will have to stand and fight.
Russia’s premature declaration of victory in Syria and withdrawal has made it possible for US forces to remain in Syria and attempt to restart the effort to overthrow the Assad government. Russia would have to defend its victory, or by the failure to do so encourage more aggressive actions by Washington.
Hopes have evaporated that President Trump would restore the normalized relations between the nuclear powers that Reagan and Gorbachev made possible. The question for the New Year is when does Washington’s aggression against Russia ignite a hot war.
Your website will be examining these issues as they unfold in 2018. From the perspective of today, it is unlikely that the New Year will be a happy one. Nowhere in the West is there a sign of leadership toward peace and the well-being of humanity.
Great article. Accurately points that the US psychos feel untouchable, the fastest solution for it is to cut them the oil inflow, remember the US consumes 20% of the world’s output. They will go to war anyway.
The real question is how to deal with their greed and curtail it’s fiat money , that can be achieved by forcing them to go a gold backed standard and then the Russians an Chinese can financially cripple the US with it flimsy house of financing. This would also cripple the banks at the same time but not enough as it stands currently.
Actually I wrote an economic model to get rid of capitalism and keep a market economy. You can read it at intercambioasincrono.com (in spanish). It’s not a secret.
” the fastest solution for it is to cut them the oil inflow” Good luck with that strategy!https://assets.weforum.org/wp-content/uploads/2015/08/oil2.png
Paul Craig Roberts, who is often correct in his assessments of current politics, states in this article: “Americans with intelligence, honor, courage, and integrity have disappeared from the US national security establishment. In their place are arrogant morons high on hubris.” This is not a recent development. Were the national security people under George W. Bush or Barack Obama any better than what we are seeing today? Were the people under Lyndon Johnson or Richard Nixon (think General William Westmoreland) any better than what we are seeing today? The “experts” in charge of State Dept., CIA, NSA, Pentagon, and dozens of Washington “think” tanks have, at least since the time of Vietnam, shown an inordinate degree of ignorance about the world outside US borders. They have repeatedly shown they lack the knowledge of languages, history, and culture that are the prerequisite to intelligent policy making. But American leaders have always believed the rest of the world should become like the US. Ergo, they have never seen a need to learn about or understand other peoples or countries and their often complex cultures.