Did the FINAL WAR Just Start? (Was a Tactical Nuke Just Detonated in Tianjin?)
SilverDoctors.com
August 13, 2015
The financial sparring between East and West may have taken a very serious turn yesterday and I seriously believe a tactical nuke was set off.
IF this is the case, China will provide proof and they WILL retaliate.
Have the smoldering stages of what was a financial/technological/trade war now become hot with the first shot fired?
Submitted by Bill Holter, JSMineSet:
The question of our title is very important, “Did the FINAL WAR just start?”. If you polled Americans on this question, 99.9% would answer “no” if you took out the Middle East. Last week I wrote “The Rumblings of War” regarding the IMF rebuffing China’s entry into the SDR. This was followed up by “The shot heard ’round the world” on Tuesday commenting on China’s surprise devaluation. The purpose of this writing is to show you YES, we are in fact at war!
Rather than “tell” you we are at war, I feel it is better to point out a few dots, connect some of them and then ask a few questions which might help you understand the war that is in fact being waged.
If you can answer some of the questions then connecting dots and forming your own conclusions will be easier.
As our backdrop, we are “told” the world is in recovery from the very bad experience of 2008. Since then, various central banks have monetized debt on a massive scale, led by the Federal Reserve of the U.S.. Undoubtedly, the greatest “export” from the U.S. has been dollars themselves and financial products known as derivatives. For the most part, the world spun merrily until last fall when Saudi Arabia decided to increase production and lower prices. This was presumably done at the request of the U.S. and meant as a tool to injure Russia’s energy sector, economy and financial system. Can the petrodollar which became accustomed to $100 oil be supported with sub $50 oil? There are two sides to this coin, yes the consumer of oil saves but doesn’t lower oil price mean less liquidity in the system? Doesn’t it mean lower velocity and less demand for dollars?
Moving along, did anyone really wonder “why” or what (or better yet, WHO) was behind China being put off for acceptance as a component of the SDR? Then just two trading days later, China devalued their currency in a surprise move…followed by two more devaluations!
The Rest…HERE
