After touching base with numerous sources in Germany, the sudden death of SIX AfD Party candidates after the deep state of Germany sought to ban the party, and Merz refused to consider any minority government that included AfD, not a single source believes the government there anymore. Four candidates and two reserves from what the Deep State calls the “right-wing AfD political party,” which stands against the migrants, after even 2,000 migrants raped 1,200+ girls in a single night. The Cologne Police were ordered to remove the word “RAPE” from reports after a New Year’s Eve Attack. But hey, the AfD are Nazis? Friends will not allow their 13-year-old daughters to walk unescorted even two blocks due to the escalating rapes by migrants.
Six AfD candidates all died within 13 days of each other before the elections, which smells rotten. This is like Mark Middleton, a former special advisor to President Bill Clinton who had ties to billionaire convicted sex offender Jeffrey Epstein, who was found dead hanging from a tree with a shotgun blast to the chest. His death has been ruled a suicide, and his family has petitioned a judge to prevent photos from the scene of his death from being released to the public. The question was, did he shoot himself in the chest with a shotgun BEFORE or AFTER he hung himself?
They have drugs that can make it look like you had a natural heart attack. Whenever they were all set to appear on ballots in North Rhine-Westphalia on September 14. Of course, the Deep State establishment claims no foul play is currently suspected in any of their deaths. The government claims that two of the deaths were a result of natural causes. However, they have not commented on the cause of the others.
Merkel is the classic politician – NEVER admit a mistake, no matter what! She shows no remorse for what she did to Germany and all of Europe, all for her personal polls.
The Deep State has covered up the disastrous policies of Merkel that were all about he personal image, which turned to shit when she screwed the Greek people, refusing any bank bailouts, punishing them for the manipulation of politicians with the help of Goldman Sachs to fudge their numbers to enter the Eurozone.
Yet, all because Merkel promised Greece would be made to repay, that promise has torn Europe apart at the core. Her polls crashed as everyone began turning against her, citing that Greece forgave the debts that Germany owed it after World War II to help Germany get back on its feet. Merkel REFUSED to listen because that was her promise that Greece would repay. To boost her international image of being a loan shark, she turned within a few weeks and opened the gates to Europe for the refugees to change her personal image. Merkel transformed the debt crisis into a refugee crisis, and now we have both.
Forcing the Greek people to pay to keep the Euro together, which benefited Germany at the expense of Greece, has run its course. Will they do the same now that the debt crisis is starting to hit France?
I believe Merkel was caught up in her image, and that was her priority. People have written in and said they should nominate me for person of the year. I said no thanks. It’s like winning a Nobel prize. That is the kiss of death. Merkel made the cover of Time, but so did Hitler, Stalin, and Zelensky. They gave Obama the Nobel Peace Prize only because he was black when he advocated invading Syria. They seem to hand these prizes and distinctions out to the worst of the worst.
The IMF had finally acknowledged that the previous credit programs had not led to the recovery of the Greek economy. In a new report, the IMF has shown above all that the depression in Greece even exceeded the Great US Depression of the 1930s. Greece had been pushed beyond all endurance, and what the EU and Troika had done to Greece violated human rights. Time Magazine reported:
“Psychiatrists say that the economic crisis has triggered a 25% to 30% increase in the number of patients seeking their help. … Before the crisis started, Greece was proud to be at the bottom of the list in Europe for the number of suicides, with a rate of 2.8 per 100,000 inhabitants. But that might be changing. Experts believe that in 2009 the rate of Greek suicides increased by 18% increase compared with 2007, with that figure expected to have climbed even higher in 2010.”
Not even a single austerity measure ever led to the stabilization of the Greek budget, and the deflation that had been unleashed was a human tragedy, all because Merkel DID NOT UNDERSTAND THE GERMAN HYPERINFLATION. Consequently, Merkel had subjected Europe to devastating DEFLATION and the economic depression that it inflicted upon the people of Europe. What Merkel had inflicted upon Greece will be the undoing of the Eurozone. The ECB took the interest rate to NEGATIVE in 2014. I warned them they could not force people to invest if there was no CONFIDENCE in the future. Of course, they did not listen. They kept rates negative for about 8.6 years. Curious – it took them that long to realize it was not working.
The IMF warned at the time about Greece that:
“the tax burden is unevenly distributed … Therefore, the current structure of public finances is fundamentally inefficient and unfair, and ultimately socially unsustainable. The lower incomes and the unemployed have no access to adequate and targeted social services and other essential public services that they need, and are common in other countries in the euro area. “
It had become abundantly clear to all observers that Greece needed urgently a debt cut if the population was ever to benefit from any EU dream. However, the euro ministers rejected a debt cut before the Bundestagswahl 2017 once again concerned for Merkel’s reelection bid. In other words, they feared that any debt forgiveness would mean Merkel would lose her election, but without debt forgiveness, the euro was in trouble. Merkel triggered a contagion that spread throughout the Eurozone, all for her personal ego.
The Greek people do not expect any improvement and have lost faith in the government, regardless of the political party. The IMF has pointed out that in only six years, Greece has had nine different finance ministers. The cradle of democracy seems to have been completely destroyed in Greece, and this is not looking good moving forward. This is one of the cornerstones of revolution that the EU has imposed upon the Greek people, who suffer for their politicians playing games with Goldman Sachs to get into the Euro at all costs. Those costs have devastated the Greek people.
The 2010 Greek bailout is widely considered the event that ignited the full-blown Eurozone Sovereign Debt Crisis, sparking a powerful contagion that spread throughout the currency union. The first bailout in May 2010 was a seismic event because it revealed a critical flaw in the Eurozone’s design: there was no mechanism for dealing with the insolvency of a member state. The initial shock wasn’t just about Greece; it was about the system itself. Now we have Britain, not an EU member, and France, both teetering on the edge of another Sovereign Debt Default, and the same risk of a contagion for 2026 exists all over again.
Capital traders, hedge funds, and institutional investors (the “markets”) didn’t just look at other countries—they actively reassessed the risk of the entire Eurozone periphery. This happened on a profound basis. The bailout proved that sovereign default within the Eurozone was a real possibility. Investors realized that if it could happen to Greece, it could happen to other highly indebted countries. They started aggressively searching for the following weakest link. What they discovered became known as the “PIIGS”: Portugal, Ireland, Italy, Greece, and Spain.
While each country’s problems were different (Ireland had a banking crisis, Spain a housing bubble, Italy stagnant growth with high debt), they shared a common characteristic: high public and/or private debt levels that made them vulnerable to a sudden stop in funding.
Consequently, what unfolded was the Sovereign-Bank “Doom Loop” that became a crucial contagion channel. European banks held massive amounts of sovereign debt from other Eurozone countries. What Merkel never considered was that, by refusing to bail out Greece, the banks that owned Greek bonds would face catastrophic losses. This would force governments to bail out their own banks, worsening their own fiscal position (as happened in Ireland). A weakened government would then have to borrow at higher rates, making its debt less sustainable, which in turn would further devalue the bonds held by banks. This vicious cycle meant trouble in one country could directly infect the banking systems of others, notably in France and Germany.
Incompetence of Markel:
Growing up under Communism, she obviously had no understanding of capitalism and how capital flows. As confidence evaporated, international investors began pulling capital out of the PIIGS countries en masse. This drove up their borrowing costs (bond yields) to unsustainable levels, creating a self-fulfilling prophecy. A country that could borrow at 3-4% suddenly faced rates of 6-7%, pushing it closer to actual insolvency. Here, economic decisions were a total disaster for Europe.
Her unilateral decision to allow a flood of migrants in undermined the EU as a whole and demonstrated that one country could dictate to all of Europe, which they swore would never take place.
The signing of a peace deal with Russia to allow the Donbas to separate, as took place in Chechoslovakia and Yugoslavia, and then PUBLICLY stating that she NEVER intended to honor that agreement was something NO POLITICIAN in human history has EVER stated out loud. She has been directly responsible for the death of well over 2 million people now. And then, she outright single-handedly destroyed the credibility of Europe.
Then the EU Neocon Kallas has the audacity to pretend Europe should have a seat at the table in negotiations with Russia is just absurd. Why should Putin believe anything even if signed by the EU? The ONLY person he can trust is Trump.
Putin made an effort to explain to Zelensky how important the Minsk Agreement was to prevent a war. Neither Zelensky nor the EU ever wanted peace. This has been the agenda from the very beginning. Stop the BS, posturing, and lies.
The NEOCONS were pushing Kamala to be president, and Dick Cheney even endorsed her, all because she would do whatever she was told. At the Munich Security Conference held on February 18-20, the NEOCONS handed her what to say. Kamala openly said Ukraine should join NATO. Putin came to the rescue of the Donbas two days later.
Zelensky KNEW the Russians were on the border, and the day before, he went public and declared that Ukraine would rearm itself with nuclear weapons from none other than NATO. Putin was then forced to do a TV address to the nation that night, stating that Zelensky had just said he was going to accept nuclear weapons. This was the Cuban Missile Crisis in reverse.
The Washington Post actually looked at the data and saw Zelensky knew when Russia would come to the rescue of the Russians in the Donbas. When they confronted him, he said it would have cost him billions. So he wanted civilians to be killed so he could use that against Russia.
Yet the press keeps up these lies and says the Russian invasion was unprovoked. They deliberately claim Russia attacked, and this is because this is the ONLY way to get people to line up to die for the Neocons. It is a well-known psychological tactic. People will not join the military and die to be the aggressor to conquer another country. You MUST tell them that they are being attacked to get them to volunteer to die for the Neocon agenda. FDR could not get into World War II until he provoked Japan to attack Pearl Harbor.
For World War I, they used the Lusitania as a cover to send arms to Britain while swearing they did not. The Germans took an advertisement telling people not to sail on the Lusitania. When they sunk the ship, that was the psychological tactic known as “Rally Around the Flag” to get the US into World War I.
Finally, Archaeology.org recovered ammunition from the Lusitania, proving once and for all that the Germans were correct. What is incredibly critical to understand here is that the Lusitania was used as bait to get the Germans to sink the ship to justify entering the war, sacrificing civilians, no different from the CIA proposal of Project Northwoods, 911, or countless other ploys to justify war. Hamas, Saddam Huesain, and Zelensky have all employed this tactic, placing military targets in civilian residential areas to use “Rally Around the Flag” to drum up support against their respective enemies, much like the Lusitania or the proposed Project Northwoods.
From the Trenches – Lusitania’s Secret Cargo – Archaeology Magazine Archive
Among all my sources in Ukraine, two controversial allegations were surfacing. (1) The election was rigged and Zelensky was installed, (2) from the outset, I was told he was selected to create World War III. Zelensky has been calling for a nuclear war against Russia.
The Sovereign Debt Contagion Following Greece
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Ireland (Nov 2010): Already reeling from a massive banking collapse, Ireland was forced to request a bailout just months after Greece. Its yields soared as investors feared the cost of nationalizing the banking system.
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Portugal (Apr 2011): With low growth, high debt, and a fragile banking sector, Portugal was the next obvious domino to fall and requested its bailout in April 2011.
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Spain (June 2012): Spain’s crisis was rooted in a burst real estate bubble that crippled its banks. It was forced to request a bailout specifically for its banking sector (€41bn), not directly for sovereign debt, though its sovereign yields also spiked dramatically.
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Italy (2011-2012): The crisis reached its peak of contagion when it threatened Italy—the third-largest economy in the Eurozone. Its massive public debt (120% of GDP) made it highly vulnerable to a loss of market confidence. In late 2011, its yields pushed above 7%, near the level considered unsustainable.
The Inevitable Sovereign Debt Contagion Following Greece
The Greek bailout exposed the underlying fiscal problems in Portugal and Ireland, as well as the structural issues in Italy and Spain. History repeats. The Greek contagion has undoubtedly sparked a broader economic crisis, and this time, we are in serious trouble, with France being the second-largest economy. If France needs an IMF Loan, the contagion in Europe is because the entire design of the Eurozone is at fault. There is still no mechanism for dealing with the insolvency of a member state. We are witnessing the exposure of the institutional weaknesses of the Eurozone (no banking union, no fiscal union, no common debt instrument), all things I warned them about in our meeting in 1998. The traders in the free market will suddenly reprice the risk across the entire region.
As of early 2024, the total global government debt (sovereign debt) is approximately just over $105 trillion. The total U.S. stock market capitalization is currently hovering around the $50 trillion mark, but this value changes with every tick of the market.
Despite all the Socialist propaganda about the Great Depression, the massive sovereign defaults of 1931 triggered a contagion that even affected municipalities in the United States, prompting people to shift their focus from government debt to AAA corporate debt. When I say we have THE WORLD ‘S LARGEST database, I am not bullshitting. When you have everything you can get you hands on, something surfaces – the TRUTH.
Sovereign debt was being sold to individual investors in small denominations, and it was listed on the NYSE. When the sovereign debts began, that took down 9,000 banks in the USA as well.
President Herbert Hoover wrote in his memoirs, explaining vividly what the CONTAGION was like in 1931.
I am NOT an Academic – I have had a front row seat for over 50 years. I am merely trying to pass on what I have learned. I have more money than I can spend before Scotty beams me up. When you are at that stage in life, you cannot be bribed – i.e., Trump vs Biden. What Hoover explained in his 1931 Chapter is precisely what I have witnessed many times – how contagions are unleashed upon an unsuspecting world where the Academics cannot see because they come as a wildcard from outside their purview.
In 1998, when Russia entered a sovereign debt default, I warned the bankers, but they would not listen. They all assumed that the IMF would NEVER allow Russia to default because we would have nukes on the open market. There was no necessity for risk management when they were paying bribes and had the IMF in their pocket. What distinguished the ’98 Liquidity Crisis was that the “Club” of bankers and hedge fund guys were all on the same trade. They dominated the market, and when they were wrong about the IMF, they began selling positions worldwide in virtually every other market to raise capital to cover their losses in Russia.
99.9% of fund managers lost their shirts on that capital shift because they were too busy bribing politicians and people in the IMF to look at the markets. They completely misjudged the world economy, thinking like Marx and Keynes that they could control it.
Since hedge funds and bankers attempting to rig the markets are not actual traders but market manipulators seeking riskless, guaranteed trades, they were all on the same trade of Russian debt. When they tried to sell, there was NO BID. They began selling every position elsewhere in every other market to raise cash. That included even the Japanese yen. It was a LIQUIDITY CRISIS, so they needed to raise money to cover their losses, and if Russian GKO bonds were unsalable, all they could do was sell everything else. Thus, a LIQUIDITY crisis defies fundamentals because they are selling this ONLY because they need the money elsewhere. So the fundamental analysis provides no security, for everything is connected in the global sea of capital. Then you have the people who claim such black swan events are UNPREDICTABLE! Sorry, I followed the computer, which sold the Japanese yen precisely at the high on a $1 billion trade. Such events are only UNPREDICTABLE when you look at a single market.
Edmon Safra of Republic National Bank put on a fancy dinner for the IMF. I was invited, and the goal was to convince me that they had the IMF in their pocket, which would save the day and bail them all out of their losses. The pitch was that Russia had all these nukes, so no way the IMF would allow Russia to collapse. This created a serious yet difficult situation for the Russian government. Russia had been running a huge budget deficit to pay for public services. They had borrowed $40 billion by issuing three-month ruble Treasury bills. This is what the “club” bought, for they were paying 30% interest to attract buyers. Bribing the IMF to prevent a default, they were all on this trade, expecting free money. I refused to join and warned them that my computer predicted this was going to collapse. They did not want to hear that. They were convinced that paying bribes would create that GUARANTEED TRADE.
They were unhappy that the London Financial Times had reported the forecast on June 27th, 1998, about a month before the crisis began.
My biggest accomplishment, being called into the Presidential Commission on the 1987 Crash, was to persuade the Brady Commission not to impose restrictions on the market when the formation of the G5 created the crisis. But the government will NEVER blame itself. The most significant accomplishment I achieved was getting the Brady Commission to at least imply that foreign exchange had something to do with it.
The lesson of 1987 is NOT in the chart. It is behind the chart. Once the public realized that the central banks were not actually in control, the panic took place. Today, when interest rates rise without the Fed’s actions because the Neocons are constantly threatening the world with war in Europe, the Middle East & Asia, including China over Taiwan, that is when panic will strike. It all goes nuts once people realize that the government is just a ship of fools with ZERO sailing experience. That is when gold will break out. It is that CRACK IN CONFIDENCE that will cause the panic.
That is the Significance of the 1987 Crash
