Will A False-Flag Iran War Cause A Financial Crisis?

Monday, June 17, 2019
By Paul Martin

by John Rubino via DollarCollapse.com,
ZeroHedge.com
Mon, 06/17/2019

Just a couple of weeks ago the financial world’s biggest worry was the plunging price of oil. Supply was up, stockpiles were building and speculation was pointing towards $40 a barrel, a price at which the fracking/shale oil “miracle” would evaporate. A trillion dollars of related junk debt would default, taking a big part of the leveraged speculating community along for the ride.

Then it all changed. Someone attacked some ships and oil infrastructure in the Middle East, the US and Saudi Arabia accused Iran, and now the fear is that a major regional war will interrupt the flow of oil, sending its price way up and causing a financial crisis at least as severe as a shale oil debt collapse.

This is a legitimate concern, for two reasons.

First, oil shocks have happened in the past, most notably during the Arab-Israeli war of the 1970s. So we know what they do, and it isn’t pretty. Gas prices jump, workers can’t afford their commute, the economy slows dramatically and pretty much everyone other than domestic energy companies suffers badly.

Second and potentially more serious, the pretext for this war is so blatantly false that it risks destroying what little credibility the US government has left. Think about it: With the US doing everything it can to delegitimize and destabilize Iran while positioning assets for an invasion, Iran’s leaders … start attacking oil tankers in its offshore waters.

Does that make sense? Of course not. Much more likely is that this is yet another false flag – that is, an incident faked to give a pretext for war – and a clumsy one at that.

For readers who aren’t clear on the false flag concept and its ubiquity in geopolitics, here are just a few of the dozens of documented examples:

Japanese troops blew up a train track in 1931, blamed it on China and used it to justify the invasion of Manchuria.

After taking power, the Nazis burned down their own parliament building and blamed the communists. Later on, they faked attacks on German citizens and blamed the Poles, to justify the subsequent invasion of that country.

In 1939 the Soviets shelled one of their own villages and blamed Finland, prior to invading.

In 1954 Israeli terrorist cells operating in Egypt bombed U.S. diplomatic facilities, leaving behind evidence implicating Arabs.

The CIA hired Iranians in the 1950s to pose as Communists and stage bombings in Iran in order to ignite a rebellion against the democratically-elected government. After the rebellion succeeded the US installed a hand-picked dictator.

The US staged a naval engagement — the Gulf of Tonkin incident – and blamed the North Vietnamese, providing a pretext for entering the Vietnam War.

The FBI used provocateurs in the 1950s through 1970s to carry out violent acts and falsely blame them on political activists.

In 1984, Israel faked radio messages that linked Lybia to terrorism. The US bombed Libya immediately thereafter.

Russian blew up apartment buildings in 1999 and falsely blamed it on Chechens, in order to justify an invasion of Chechnya

The list goes on seemly forever. But these examples are enough to make the twin points that 1) lots of countries employ false flags attacks, and 2) the US is especially fond of them.

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