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War Is COming

 

Michael Snyder End Of The American Dream BlogRe-Published From The Economic Collapse Blog.com

On the surface, things seem pretty quiet in mid-July 2016. The biggest news stories are about the speculation surrounding Donald Trump’s choice of running mate, the stock market in the U.S. keeps setting new all-time record highs, and the media seems completely obsessed with Taylor Swift’s love life. But underneath the surface, it is a very different story. As you will see below, the conditions for a “perfect storm” are coming together very rapidly, and the rest of 2016 promises to be much more chaotic than what we have seen so far.

Let’s start with China. On Tuesday, an international tribunal in the Hague ruled against China’s territorial claims in the South China Sea. The Chinese government announced ahead of time that they do not recognize the jurisdiction of the tribunal, and they have absolutely no intention of abiding by the ruling. In fact, China is becoming even more defiant in the aftermath of this ruling. We aren’t hearing much about it in the U.S. media, but according to international news reports Chinese president Xi Jinping has ordered the People’s Liberation Army “to prepare for combat” with the United States if the Obama administration presses China to abandon the islands that they are currently occupying in the South China Sea…

“Chinese president Xi Jinping has reportedly ordered the People’s Liberation Army to prepare for combat,” reports Arirang.com. “U.S.-based Boxun News said Tuesday that the instruction was given in case the United States takes provocative action in the waters once the ruling is made.”

A U.S. aircraft carrier and fighter jets were already sent to the region in anticipation of the ruling, with the Chinese Navy also carrying out exercises near the disputed Paracel islands.

Last October, China said it was “not frightened” to fight a war with the U.S. following an incident where the guided-missile destroyer USS Lassen violated the 12-nautical mile zone China claims around Subi and Mischief reefs in the Spratly archipelago.

Vladimir Putin

Meanwhile, the relationship between the United States and Russia continues to go from bad to worse. The installation of a missile defense system in Romania is just the latest incident that has the Russians absolutely steaming, and during a public appearance on June 17th Russian President Vladimir Putin tried to get western reporters to understand that the world is being pulled toward war…

“We know year by year what’s going to happen, and they know that we know. It’s only you that they tell tall tales to, and you buy it, and spread it to the citizens of your countries. You people in turn do not feel a sense of the impending danger – this is what worries me. How do you not understand that the world is being pulled in an irreversible direction? While they pretend that nothing is going on. I don’t know how to get through to you anymore.

And of course the Russians have been feverishly updating and modernizing their military in preparation for a potential future conflict with the United States. Just today we learned that the Russians are working to develop a hypersonic strategic bomber that is going to have the capability of striking targets with nuclear warheads from outer space.

Unfortunately, the Obama administration does not feel a similar sense of urgency. The size of our strategic nuclear arsenal has declined by about 95 percent since the peak of the Cold War, and many of our installations are still actually using rotary phones and the kind of 8 inch floppy disks for computers that were widely used back in the 1970s.

But I don’t expect war with China or Russia to erupt by the end of 2016. Of much more immediate concern is what is going on in the Middle East. The situation in Syria continues to deteriorate, but it is Israel that could soon be the center of attention.

Palestinian State - Israel

Back in March, the Wall Street Journal reported that the Obama administration wanted to revive the peace process in the Middle East before Obama left office, and that a UN Security Council resolution that would divide the land of Israel and set the parameters for a Palestinian state was still definitely on the table…

The White House is working on plans for reviving long-stalled Middle East negotiations before President Barack Obama leaves office, including a possible United Nations Security Council resolution that would outline steps toward a deal between the Israelis and Palestinians, according to senior U.S. officials.

And just this week, the Washington Post reported that there were renewed “rumblings” about just such a resolution…

Israel is facing a restive European Union, which is backing a French initiative that seeks to outline a future peace deal by year’s end that would probably include a call for the withdrawal of Israeli troops and the creation of a Palestinian state. There are also rumblings that the U.N. Security Council might again hear resolutions about the conflict.

palestine

For years, Barack Obama has stressed the need for a Palestinian state, and now that his second term is drawing to a close he certainly realizes that this is his last chance to take action at the United Nations. If he is going to pull the trigger and support a UN resolution formally establishing a Palestinian state, it will almost certainly happen before the election in November. So over the coming months we will be watching these developments very carefully.

And it is interesting to note that there is an organization called “Americans For Peace Now” that is collecting signatures and strongly urging Obama to support a UN resolution of this nature. The following comes from their official website

Now is the time for real leadership that can revive and re-accredit the two-state solution as President Obama enters his final months in office. And he can do this – he can lay the groundwork for a two-state agreement in the future by supporting an Israeli-Palestinian two-state resolution in the United Nations Security Council.

Such a resolution would restore U.S. leadership in the Israeli-Palestinian arena. It would preserve the now-foundering two-state outcome. And it would be a gift to the next president, leaving her or him constructive options for consequential actions in the Israeli-Palestinian arena, in place of the ever-worsening, politically stalemated status quo there is today.

Sadly, a UN resolution that divides the land of Israel and that formally establishes a Palestinian state would not bring lasting peace. Instead, it would be the biggest mistake of the Obama era, and it would set the stage for a major war between Israel and her neighbors. This is something that I discussed during a recent televised appearance down at Morningside that you can watch right here

At the same time all of this is going on, the global economic crisis continues to escalate. Even though U.S. financial markets are in great shape at the moment, the same cannot be said for much of the rest of the world.

Just look at the country that is hosting the Olympics this summer. Brazil is mired in the worst economic downturn that it has seen since the Great Depression of the 1930s, and Rio de Janeiro’s governor has declared “a state of financial emergency“.

Next door, the Venezuelan economy has completely collapsed, and some people have become so desperate that they are actually hunting cats, dogs and pigeons for food.

Elsewhere, China is experiencing the worst economic downturn that they have seen in decades, the Japanese are still trying to find the end of their “lost decade”, and the banking crisis in Europe is getting worse with each passing month.

 

Deutsche BankIn quite a few articles recently, I have discussed the ongoing implosion of the biggest and most important bank in Germany. But I am certainly not the only one warning about this. In one of his recent articles, Simon Black also commented on the turmoil at “the most dangerous bank in Europe”…

Well-capitalized banks are supposed to have double-digit capital levels while making low risk investments.

Deutsche Bank, on the other hand, has a capital level of less that 3% (just like Lehman), and an incredibly risky asset base that boasts notional derivatives exposure of more than $70 trillion, roughly the size of world GDP.

But of course Deutsche Bank isn’t getting a lot of attention from the mainstream media right now because of the stunning meltdown of banks in Italy, Spain and Greece. Here is more from Simon Black

Italian banks are sitting on over 360 billion euros in bad loans right now and are in desperate need of a massive bailout.

IMF calculations show that Italian banks’ capital levels are among the lowest in the world, just ahead of Bangladesh.

And this doesn’t even scratch the surface of problems in other banking jurisdictions.

Spanish banks have been scrambling to raise billions in capital to cover persistent losses that still haven’t healed from the last crisis.

In Greece, over 35% of all loans in the banking system are classified as “non-performing”.

Even though U.S. stocks are doing well for the moment, the truth is that trillions of dollars of stock market wealth has been lost globally since this time last year. If you are not familiar with what has been going on around the rest of the planet, this may come as a surprise to you. During my recent appearance at Morningside, I shared some very startling charts which show how dramatically global markets have shifted over the past 12 months. You can view the segment in which I shared these charts right here

I would really like it if the rest of 2016 was as quiet and peaceful as the past couple of days have been.

Unfortunately, I don’t believe that is going to be the case at all.

The storm clouds are rising and the conditions for a “perfect storm” are brewing. Sadly, most people are not going to understand what is happening until it is far too late.


Are the Palestinians committed to peace?


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Michael Snyder
Michael T. Snyder One of the most common questions I get asked is this: “Who are you?” Well, I would rather let the issues take center stage, but I don’t mind telling you a little bit about myself. My name is Michael and I am just a regular guy who is married to one of the most wonderful women in the world. I have an undergraduate degree in Commerce from the University of Virginia and I have a law degree from the University of Florida law school. I also have an LLM from the University of Florida law school. I once worked for some of the largest law firms in Washington D.C., but now I mostly focus on trying to make a difference in the world. I am the author of all of the articles on the Economic Collapse Blog, and End of The American Dream Blog. I put a lot of work into these articles, and it means a lot that so many people out there enjoy them. I do not belong to a political party. In fact, I rip both the Democrats and the Republicans pretty good. I am a very strong Christian, but I believe that most of the churches in America have gotten way off track. I believe that God is raising up Christians that will do things the way that the first Christians did things. I am also a writer, a speaker and an activist. Someone once told me that life is like a coin – you can spend it any way that you want, but you can only spend it once. I believe that this is going to be one of the most dramatic eras in all of human history and I want my life to have meaning and purpose. Almost everyone will find something in my articles that will deeply upset them. That is okay. I am a truthseeker. I just call it like I see it. If you disagree with me on some issues I will not be offended. I hope that you will not be offended if I disagree with you on some issues. Even though I write about a lot of heavy issues, one of the most important things to me is love. If we want to make it through the times that are coming we have got to start learning how to love one another. The world is becoming a very cold, cruel place. It sure could use a lot more love. Follow Me I really enjoy being able to connect with my readers. If you are on Twitter, you can connect with me here: http://twitter.com/Revelation1217 You can also find other articles by me on the following websites… The Most Important News: http://themostimportantnews.com/ End Of The American Dream: http://endoftheamericandream.com/ The Truth: http://thetruthwins.com/ The Most Important Thing There are many people that are curious about what I believe and about what I stand for. Well, I am a Bible-believing Christian. Unfortunately, most people do not know what Biblical Christianity is these days. For a detailed explanation of what I believe, please see my statement of faith. Some of you may not even know about the God of the Bible or that He sent his Son to die on the cross for your sins. The truth is that the God of the universe loves you very much and He wants to have a relationship with you. Unfortunately, humanity has rebelled against God. The Scriptures tell us that we all have violated God’s laws and that we all have sinned against Him. We stand guilty before the judge of the universe. God could not ignore our sins, but He still wanted to have a relationship with us. So God sent His only Son to die on the cross to pay the price for the sins of all humanity. If you will repent of your sins and invite Jesus Christ into your life right now, your sins will be forgiven and you will be given eternal life. For a much more detailed explanation of how to become a Christian, please see the following article that we put together on this topic….What Does The Bible Say About Salvation? Michael
  • Constantine Fadi Gholam

    We are Americans, we believe in God, most of us are Christians, we love people, we care about our planet and all what God created on and around it, but we are not in charge, they broke our constitution, we have a Government for special interest, and not Of, By and For The People. It is true we have a President, Congress and Senate, but we don’t know who really direct all those poppets, we are only going for the ride. From our point of you, we see our country is the only Peace loving nation on Earth, we are righteous, we go out of our way to distant countries around the globe to save people from their cruel dictators and leave them in a state of ciaos, failed state, with terrorists in control of their lives, but our mainstream media gives us a different picture. In the mean time those countries and many other observers around the world know exactly our intentions, they even know our next move, they prepare for it, like in Syria, after we took out Saddam in Iraq and the Qaddafi in Libya, Assad in Syria requested Russia’s help ahead of time, for over four years ISIS was growing from few 100 fighters with small arms to 80,000 with heavy weapons, actually American weapons, given to them by the Saudi’s ( our buddies), and started taking land in Iraq killing many Iraqi’s including thousands of Christians, but we did not do anything about it, later on we hear about our air power bombing the terrorists here and there, but they grew more stronger, we must have not used smart bombs, may be. Then ISIS moved into Syria with the help of our buddy Turkey by letting them through her borders into Syria funded by Saudi Arabia who’s been buying American weapons by the billions, 3 years later and we still did not degrade or destroy ISIS, like what Obama told us he was going to do. Putin legally answered Bashar Al Assad and with the Syrian armed forces and the help of the Russian air power they really degraded ISIS and al Nusra and they are about to finish them off, now the US after leaving ISIS free to terrorize the Middle East for over 4 years the US want to Bomb ISIS. You tell me who is the aggressor, what are our intentions?

    • LisaRene Burt

      not everyone believes in god, and for those of us that don’t, please don’t assume that we don’t care for others. In fact, we may care more knowing this is the only life we have, so we need to do as much good as possible in the short and numbered days we call life.

  • Judith Ann Olive Maness

    Jesus said to his disciples in the first century that they would not finish going through the cities of Israel until he came into his kingdom.

    Yet religion has made him into a liar and the blind n deaf are still deceived.

    1 Peter 4:7 The END of ALL things is NEAR.

    What was near to THEM?

  • Sandra Epstein

    More Americans than you know are very aware the world is on the brink of war ! We have a very weak leader at this moment in time .The vast majority of Americans are praying that there is enough time to still change things with a strong leader !! We are hoping we will not have to have a revolution here to sercomvent an attempt by our standing President to declare martial law before he leaves office ! He has trampled our Constitution many times we the people are done with his abuse of his office and trust ! We are breathing deeply and praying with heavy earnest hearts !

  • Matthew 24 is certainly describing not only the destruction of Jerusalem in AD70, it is describing the end times of this world, which is now. The ABM s we just placed in Romania is the proverbial straw that broke the back as far as the Russians are concerned. Putin has been trying to reach out to world journalists to try and get the word out as to how dangerous this has pushed the world toward war but it seems no one is really listening.

  • Scoopie

    Russia announced yesterday that they don’t wish to be part of the international court (sorry, don’t recall the proper name of that org) , which sounds similar to what is written above re china not willing to be held to anyone about their presence in the S. China sea.