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German election’s message to Greece: looks like Grexit is coming

Election result calls into question prospect of future Greek bailouts paving way for Grexit

Alexander Mercouris

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One little debated consequence of Sunday’s German election is that it significantly increases the prospect of Grexit, i.e. of Greece leaving the eurozone.

The last bailout of Greece in 2015 was not uncontroversial.  The IMF bureaucracy has never made any secret of its doubts about it.  Some of the other creditor states of the EU – for example Slovakia and Finland – are known to have been unhappy, whilst economists in the US and Britain were outspoken in their opposition.

However the bailout agreement was in the end railroaded through because it had the backing of Germany, by far the strongest state in the EU.

The bailout agreement was however also controversial in Germany itself.  The Finance Ministry and the Bundesbank are known to have had their doubts, as did many members of Chancellor Merkel’s CDU party.

The best known skeptic was however Germany’s Finance Minister Wolfgang Schäuble, who proposed at the height of the bailout crisis that Greece leave the eurozone “temporarily” in return for a haircut of its debt.  Unofficially it is reported that he also proposed that Greece be given a 50 billion euro parting gift to tide it over the inevitable turbulence that would follow in the aftermath of its leaving the eurozone.

Chancellor Merkel is known to have given serious thought to Schäuble’s proposal, and he at least seems to have thought for a short time that it had her backing.

However in the end the proposal was ditched in favour of another bailout of Greece following strong objections to Schäuble’s proposal from France and Italy (who were worried for the future of the eurozone if one of its member states left) and above all from the US, which saw Greece’s continued membership of the eurozone and of the EU as vitally necessary for NATO’s continued presence in the eastern Mediterranean  It was in fact apparently a telephone call from US President Obama that finally persuaded Chancellor Merkel to drop Schäuble’s proposal and give instead the proposed bailout of Greece her backing.

Though there was some unhappiness in Germany that the country had again been pushed into bailing out Greece, in the absence of any parties in the Bundestag opposed to the bailout Merkel had no difficulty getting it through.

That position has however now changed.

The AfD was originally set up to oppose bailouts by Germany of the eurozone’s weakest states, and it is a certainty that if any further bailouts are ever proposed whether of Greece or of any other of the eurozone’s weaker states it will vehemently oppose them.  That means that unlike in 2015 if any further bailout of Greece is proposed in future, unlike in 2015 there will be a party in the Bundestag which is guaranteed to oppose it.

However of even greater importance than the opposition of the AfD is that the FDP – Merkel’s all but certain future coalition partner – has also clearly signalled its strong opposition to any future bailouts, whether of Greece or of anyone else.  In the words of the FDP’s leader Christian Lindner during the election campaign

If there was a debt cut for Greece, as the International Monetary Fund suggests, then we should be open-minded to finally solving the problem.  Greece gets a debt cut, the money is gone, but for that Greece has to leave the euro zone, gets a new currency of its own which it can devalue and increase its competitiveness in tourism

In other comments Lindner is also reported to have said that Greece should be given a payoff to help it through the expected turbulence it will suffer once it leaves the eurozone.

What Lindner is proposing is of course the same as what Wolfgang Schäuble proposed in 2015.  Moreover it appears that Lindner is angling to replace Schäuble as Finance Minister.

Here it is necessary to make a number of points.

Firstly, it is a certainty that sooner or later Greece will need a further bailout if it is to remain in the eurozone.

At the present time the official view in Greece is that the worst of the crisis has passed, and that the country is recovering.

I do not know anyone in Greece who shares that view.

What is for the moment sustaining Greece’s economy is a temporary revival of the eurozone economy caused by the European Central Bank’s bond buying and quantitative easing programme.

However it is debatable whether the European Central Bank will be able to continue with this programme for much longer.  Not only is opposition to the programme in Germany since the election certain to grow, but the general global tightening of monetary conditions as a result of the US Federal Reserve Board’s unwinding of its quantitative easing programme appears to make the European Central Bank’s own bond buying and quantitative easing programme unsustainable.

All it will take is a dip in the economy of the eurozone for Greece to fall back into crisis, and with the European Central Bank’s bond buying and quantitative easing programme certain to end before long I know scarcely anyone in Greece who is properly informed about the situation who doubts that sooner or later this is what will happen.

When it does Greece will need another bailout if it is to stay in the eurozone.

Secondly, though Lindner’s statements and those of the FDP could not be more emphatic, it is likely that if a further Greek bailout situation arises he and the FDP will come under strong pressure to reverse their stance.  The same economic and geopolitical factors that lay behind the 2015 Greek bailout will still be there, making it a certainty that Lindner and the FDP will face demands from the EU bureaucracy, from the European Central Bank, from the Atlanticist wing of the German establishment and from the US to soften their stance.

However it is doubtful they will do so.  The FDP lost its position in the Bundestag following the previous parliamentary elections of 2013 in part because as Chancellor Merkel’s junior coalition partner it went along with all her orthodoxies.  The FDP will not want to be put in the same position again.

Given the strong position against further a bailout that Lindner and the FDP have taken, and the likely popularity within Germany of that stance, there will be strong opposition within the FDP if Lindner shows any inclination to reverse it, and it must be unlikely he will do so.

The odds must therefore be that when the next demand from Greece for another bailout comes the FDP will oppose it, in which case Merkel will risk the future of her coalition if she insists on it.  Moreover she will do so in support of a policy which is unpopular, and which will be opposed in the Bundestag and in the country by the AfD, leading to a high probability that opposition to a further bailout within the CDU will also crystallise.

Indeed it is likely that as the crisis within Greece resumes – as sooner or later it will – the knowledge of the opposition to a further bailout in Germany will have a chilling effect, and will harden opposition to the bailout in other countries in the eurozone which would have to agree to it, like Slovakia and Finland.

In that case it becomes extremely difficult to see how a further bailout could take place, in which case despite the opposition of France, Italy, the EU bureaucracy, the US and the Greek elite, a Grexit (ie. Greece’s exit from the eurozone) will finally have to take place.

Whilst it is too soon at the moment to say that the German election has definitely paved the way for a Grexit, realistically that looks like the most likely outcome.

There is a commonly expressed view that if a Grexit takes place and Greece finally leaves the eurozone, the eurozone itself will unravel as it is exposed as nothing more than a currency union rather than a true single currency

I have never shared this view.  On the contrary I believe that the eurozone will continue better without Greece, which will remain in all other respects a member state of the EU.

Following the German election it now looks as if before long this opinion will be put to the test.

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lickeyleaks
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lickeyleaks

If Greece does leave,just walk away,not like Brexit which is a crap deal,nobody listens to Nigel Farrage..

Jon Hellevig
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Jon Hellevig

Bullshit

Le Ruscino
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Le Ruscino

So you are saying by default that Germany is not a democracy ?

Interesting…………..with the screwing at BREXIT and the rigged French election we know UK & France are not democracies so now its Germany’s turn to be exposed ?

Constantine
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Constantine

If Grexit comes, the Greeks should go out with a bang. Go after the debt incurred by corporate crooks, corrupt politicians and their praetorians and start looking for realignment. It’s very interesting that even though the current so-called leftist government has bent to service the international neoliberal establishment and yet, there is an obvious effort to replace it with unabashed neoliberal right-wingers that fit the description for an appropriate ”western” government that partakes in EU and NATO.

ColinNZ
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ColinNZ

Sounds good in theory, but in practise the politicians who will decide the (bailout) stance of their party have joined the obscenely corrupt western political breed, routinely reversing political principle under threats and/or personal gain. As with ‘Oxi’, I will believe it when I see it.

Le Ruse
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Le Ruse

Quote: Greece: looks like Grexit is coming??
ROFLOL… Like the UK one, maybe it will be implemented in 2025 ?? Or 2050 ??Or we will have another referendum ?? I wouldn’t bet a brass razoo that UK will BREXIT by 2075 ??

Terry Ross
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Terry Ross

Is it called Grexit if Greece simply leaves Eurozone and NOT the EU? It would be a very different exit to that of the UK under Brexit, leaving all Greeks still subject to UK laws and regulations albeit with a severance from the euro and control over its own currency.
Perhaps it should be “grexit” with a small G?

JNDillard
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JNDillard

I hope Greece does leave. It will provide it with the autonomy it needs to do business deals with China and Russia, which view it as an important hub of the emerging One Belt One Road. In that direction lies prosperity for Greece

stevek9
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stevek9

The key to fixing the Eurozone has always been kicking out Germany, not Greece.

Alexis K
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Alexis K

It Will be the best thing that will happen to Greece, it will have a few hard years but it will be much better off eventually. With EU it will never be able to get out of this rut, because EU itself is in a Rathole and I don’t think it has the power to get out of it with the people that run it.

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Theresa May set to order ministers to vote down no-deal Brexit amendments, risking cabinet split

Delaying Brexit would be “calamitous,” and much worse than no-deal.

RT

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Via RT


UK Prime Minister Theresa May is reportedly set to resist mounting pressure from pro-Remain Tory ministers, and order her cabinet to vote down amendments that would block a no-deal Brexit – risking possible resignations.

Parliament will vote on May’s alternative Brexit proposals on Tuesday, as well as a series of amendments that include delaying the UK’s departure from the EU by negotiating an extension to Article 50. The UK is set to leave the EU on March 29.

The prime minister will risk splitting her cabinet – ignoring pleas over taking no-deal off the table – and instead pursue a strategy of securing changes to the contentious Irish backstop, in a bid to win over hardline Tory Brexiteers and the Democratic Unionist Party (DUP), the Daily Mail reports.

May will be hoping that such a move will provide her with enough MPs to get her deal through the House of Commons at a second attempt. The PM’s original Brexit proposals were roundly rejected last week, with the government losing by 230 votes.

UK Work and Pensions Secretary Amber Rudd has warned May that she faces a spate of cabinet resignations if she fails to allow ministers to vote on a plan that could block a no-deal Brexit.

According to the Times, pro-EU Rudd has intimated that unless May allows a free vote on a Brexit amendment, tabled by backbench Labour MP Yvette Cooper, which calls for Article 50 to be extended if no deal is reached by February 26, then mass resignations could follow.

Labour’s Shadow Chancellor John McDonnell has praised Cooper’s “sensible proposal,” claiming that it’s “increasingly likely” that his party will vote for it next week.

Cooper’s is one of eight amendments tabled in recent days. Another, put forward by Tory MP and ‘people’s vote’ advocate, Dominic Grieve, would allow Parliament to set the agenda and vote on a variety of proposals, including a second EU referendum.

It comes as Liam Fox, the international trade secretary, claimed in an interview with BBC Radio 4’s Today program, that delaying Brexit would be “calamitous,” and much worse than no-deal.

Michel Barnier, the EU chief negotiator, has claimed that Brussels will only extend Article 50 if there is a “stable majority” in the UK for a deal – adding that the UK could avoid the problems of the Irish backstop by opting for a softer Brexit.

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Louis XVI (aka Emmanuel Macron) runs to Merkels’ arms in Aachen treaty (Video)

The Duran Quick Take: Episode 63.

Alex Christoforou

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The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris take a quick look at French President Emmanuel Macron’s comparison of the Yellow Vests movement to the times of King Louis XVI who, as Macron rationalizes, met his tragic fate by refusing to embrace reforms.

Emmanuel Macron told 150 corporate executives gathered at Versailles (including Uber CEO Dara Khosrowshahi, JPMorgan Chase CEO James Dimon, and Coca-Cola CEO James Quincey), that “a lot of people thought that it was not a good date to gather here,” referring to the execution of French King Louis XVI, who was guillotined on January 21, exactly 226 years ago on Monday…“but when you look at French history, if at the end they ended up like that, it’s because a lot of leaders decided not to reform.”

The meeting held by Macron was called together in part to alleviate investors’ fears after 10 weeks of Yellow Vest protests throughout France and spreading across Europe.

According to RT,  the nationwide protests have sometimes turned violent, and according to Macron’s office, have caused concern among foreign investors hoping to cash in on Macron’s business-friendly reforms.

Notably, Macron reassured his CEO guests that he would “not roll back what we have done in the past 18 months” – unpopular labor and tax reforms that have been cited as sparking the Yellow Vest protests.

Macron also said that the Yellow Vest movement had been spurred by middle-class anger over globalization, arguing that similar sentiments have given rise to Brexit and populist governments across Europe.

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Via Zerohedge


French President Emmanuel Macron’s push for what he previously called “a real European army” got a big boost on Tuesday amid France and Germany signing an updated historic treaty reaffirming their close ties and commitment to support each other during a ceremony in the city of Aachen, a border town connected to Charlemagne and the Holy Roman Empire. But the timing for the renewal of the two countries’ 1963 post-war reconciliation accord is what’s most interesting, given both the rise of eurosceptic nationalism, the uncertainty of Brexit, and just as massive ‘Yellow Vests’ protests rage across France for a tenth week.

Macron addressed this trend specifically at the signing ceremony with the words, “At a time when Europe is threatened by nationalism, which is growing from within… Germany and France must assume their responsibility and show the way forward.”

German Chancellor Angela Merkel and French President Emmanuel Macron attend a signing of a new agreement on bilateral cooperation and integration, known as Treaty of Aachen. Image via Reuters

Germany’s Angela Merkel agreed, adding in her own remarks: “We are doing this because we live in special times and because in these times we need resolute, distinct, clear, forward-looking answers.” The agreement, which is being described as sparse on specifics or detail, focuses on foreign policy and defense ties between Berlin and Paris.

“Populism and nationalism are strengthening in all of our countries,” Merkel EU officials at the ceremony. “Seventy-four years – a single human lifetime – after the end of the second world war, what seems self-evident is being called into question once more.”

Macron said those “who forget the value of Franco-German reconciliation are making themselves accomplices of the crimes of the past. Those who… spread lies are hurting the same people they are pretending to defend, by seeking to repeat history.”

And in remarks that formed another affirmation that the two leaders are seeking to form an “EU army” Merkel said just before signing the treaty: “The fourth article of the treaty says we, Germany and France, are obliged to support and help each other, including through military force, in case of an attack on our sovereignty.”

The text of the updated treaty includes the aim of a “German-French economic area with common rules” and a “common military culture” that Merkel asserted could “contribute to the creation of a European army”.

Later before a press pool, Merkel endorsed the idea of a joint European army further:

We have taken major steps in the field of military cooperation, this is good and largely supported in this house. But I also have to say, seeing the developments of the recent years, that we have to work on a vision to establish a real European army one day.

She clarified that the new military organization wouldn’t exist as a counterpart to or in competition with NATO, similar to prior comments she made before European parliament.

Previously in November she had assured, “This is not an army against NATO, it can be a good complement to NATO.” This was also in support of Macron’s early November statements wherein he said of the proposed EU army, “We have to protect ourselves with respect to China, Russia and even the US” — words that were issued on the heels President Trump’s initial announcement that the US would withdraw from the Intermediate-Range Nuclear Forces Treaty (INF).

Despite such such assurances analysts say the natural and long term by-product of a “real European army” — as Macron and Merkel suggesting — would be the slow eroding and demise of US power in the region, which would no doubt weaken the NATO alliance.

The closest thing to a current “EU army” that does exist (if it can be called even that) – the Common Security and Defence Policy (CSDP) – is generally perceived as more of a civil and emergency response joint EU member mechanism that would be ineffectual under the threat of an actual military invasion or major event.

Meanwhile perhaps a prototype EU army is already in action on the streets of Paris, revealing what critics fear it may actually be used for in the future..

The expected push back came swiftly and fiercely as Marine Le Pen, the leader of France’s National Rally party, slammed the updated Aachen treaty as “an act that borders on treason”, while others worried this is an attempt to create a “super EU” within the bloc.

Alexander Gauland of Germany’s Alternative für Deutschland (AfD), for example, warned:

As populists, we insist that one first takes care of one’s own country… We don’t want Macron to renovate his country with German money … The EU is deeply divided. A special Franco-German relationship will alienate us even further.

Italy’s far-right interior minister, Matteo Salvini, warned earlier this month that his country could seek an “Italian-Polish axis” to challenge the whole premise of a “Franco-German motor” that drives European centralization.

Also notable of Tuesday’s signing is that the Aachen document prioritizes Germany being eventually accepted as permanent member of the U.N. Security Council, which it mandates as a priority for French-German diplomacy. Such a future scenario on the security council would shift power significantly in favor of a western bloc of allies the US, Britain, and France, which Germany would vote alongside.

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The Integrity Initiative and the British Roots of the Deep State: How the Round Table Infiltrated America

Kissinger’s takeover of the State Department ushered in a new era of British occupation of American foreign policy.

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With the nearly weekly revelations that the British Foreign Office, MI6, and GCHQ have been behind the long standing agenda to undermine the Presidency of Donald Trump and undo the peaceful alliance between nationalist leaders in America, Russia, China and elsewhere, a new focus on the British hand in undermining the United States has become a serious thought for many citizens. In the first week of the new year, fuel was added to this fire when internal memos were leaked from the British-run Integrity Initiative featuring a startling account of the techniques deployed by the anti-Russian British operation to infiltrate American intelligence institutions, think tanks and media.

For those who may not know, The Integrity Initiative is an anti-Russian propaganda outfit funded to the tune of $140 million by the British Foreign office. The January 2019 leak, featuring documents dated to the early period of Trump’s election, demonstrate that this organization, already active across Europe promoting anti-Russian PR and smearing nationalist leaders such as Jeremy Corbyn, was intent on spreading deeply into the State Department and setting up “clusters” of anti-Trump operatives. The documents reveal high level meetings that Integrity Initiative Director Chris Donnelly had with former Trump Advisor Sebastien Gorka, McCain Foundation director Kurt Volker, Pentagon PR guru John Rendon among many others.

The exposure of the British hand behind the scenes affords us a unique glimpse into the real historical forces undermining America’s true constitutional tradition throughout the 20th century, as Mueller/the Five Eyes/Integrity Initiative are not new phenomena but actually follow a modus operandi set down for already more than a century. One of the biggest obstacles to seeing this modus operandi run by the British Empire is located in the belief in a mythology which has become embedded in the global psyche for over half a century and which we should do our best to free ourselves of.

Debunking the Myth of the “American Empire”

While there has been a long-standing narrative promoted for over 70 years that the British Empire disappeared after World War II having been replaced by the “American Empire”, it is the furthest thing from the truth. America, as constitutionally represented by its greatest presidents (who can unfortunately be identified by their early deaths while serving in office), were never colonialist and were always in favor of reining in British Institutions at home while fighting British colonial thinking abroad.

Franklin Roosevelt’s thirteen year-long battle with the Deep State, which he referred to as the “economic royalists who should have left America in 1776″, was defined in clear terms by his patriotic Vice-President Henry Wallace who warned of the emergence of a new Anglo-American fascism in 1944 when he said:

“Fascism in the postwar inevitably will push steadily for Anglo-Saxon imperialism and eventually for war with Russia. Already American fascists are talking and writing about this conflict and using it as an excuse for their internal hatreds and intolerances toward certain races, creeds and classes.”

The fact is that already in 1944, a policy of Anglo-Saxon imperialism had been promoted subversively by British-run think tanks known as the Round Table Movement and Fabian Society, and the seeds had already been laid for the anti-Russian cold war by those British-run American fascists. It is not a coincidence that this fascist Cold War policy was announced in a March 5, 1946 speech in Fulton, Missouri by none other than Round Table-follower Winston Churchill.

The Empire Strikes

When the Round Table Movement was created with funds from the Rhodes Trust in 1902, a new plan was laid out to create a new technocratic elite to manage the re-emergence of the new British Empire and crush the emergence of American-inspired nationalism globally. This organization would be staffed by generations of Rhodes Scholars who would receive their indoctrination in Oxford before being sent back to advance a “post-nation state” agenda in their respective countries.

As this agenda largely followed the mandate set out by Cecil Rhodes in his Seventh Will who said “Why should we not form a secret society with but one object: the furtherance of the British Empire and the bringing of the whole uncivilized world under British rule, for the recovery of the United States, and for the making of the Anglo-Saxon race but one Empire?”

With the help of an anglophile, racist president in America, leading figures organizing these think tanks first advanced a program to create a “League of Nations” as the solution to the “nationalist problem” which humanity was told “caused” World War One. Nationalist forces in America rejected the idea that the constitution should be rendered obsolete and the plan for global governance failed. However that did not stop the Round Table Movement from trying again. Leading Round Table controller Lord Lothian (British Ambassador to the USA) complained of the “American problem” in 1918.

”There is a fundamentally different concept in regard to this question between Great Britain and the United States  as to the necessity of civilized control over politically backward peoples…. The inhabitants of Africa and parts of Asia have proved unable to govern themselves…. Yet America not only has no conception of this aspect of the problem but has been led to believe that the assumption of this kind of responsibility is iniquitous imperialism.

They take an attitude towards the problem of world government exactly analogous to the one they [earlier] took toward the problem of the world war. If they are slow in learning we shall be condemned to a period of strained relations between the various parts of the English-speaking world. [We must] get into the heads of Canadians and Americans that a share in the burden of world government is just as great and glorious a responsibility as participation in the war”.

A Chinese leader of the American-inspired republican revolution of 1911 named Sun Yat-sen warned of the likes of Lord Lothian and the League of Nations in 1924 when he said “The nations which are employing imperialism to conquer others and which are trying to maintain their own favored positions as sovereign lords of the whole world are advocating cosmopolitanism [aka: global governance/globalization -ed] and want the world to join them… Nationalism is that precious possession by which humanity maintains its existence. If nationalism decays, then when cosmopolitanism flourishes we will be unable to survive and will be eliminated”.

New Name. Same Beast

By 1919, the Round Table Movement changed its name to the Royal Institute for International Affairs (aka: Chatham House) with the “Round Table” name relegated to its geopolitical periodical. In Canada and Australia, branches were created in 1928 under the rubrics of “Canadian and Australian Institutes for International Affairs” (CIIA, AIIA). However in America, where knowledge of the British Empire’s subversive role was more widely known, the name “American Institute for International Affairs” was still too delicate. Instead the name “Council on Foreign Relations” was chosen and was chartered in 1921.

Rhodes Scholar William Yandall Elliot surrounded by a few of his leading disciples: Sir Kissinger, Zbigniew Brzezinski Samuel Huntington and Pierre Trudeau

Staffed with Rhodes Scholars and Fabians, the CFR (and its International Chatham House counterparts) dubbed themselves “independent think tanks” which interfaced with Rhodes Scholars and Fabians in academia, government and the private sector alike with the mission of advancing a foreign policy agenda that was in alignment with the British Empire’s dream of an Anglo-American “special relationship”. One such Rhodes Scholar was William Yandall Elliot, who played a major role mentoring Henry Kissinger and a generation of geo-politicians from Harvard, not the least of whom include Zbigniew Brzezinski, Pierre Elliot Trudeau and Samuel (Clash of Civilizations) Huntington.

The Round Table in Canada and the Coup Against FDR

In Canada, five leading Rhodes Scholars were busy creating the League of Social Reconstruction as a self-described “Fabian Society of Canada” in 1931 which was meant to be a fascist/technocratic answer to the chaos of “greedy nationalism” that supposedly caused the economic collapse of Black Friday in 1929. During the same time in America, a different path to fascism was taken by these networks during the early 1930s. This plan involved installing a General named Smedley Butler into power as a puppet dictator steered by the Anglo-American establishment. Luckily for America and the world, General Butler blew the whistle on the coup against Franklin Roosevelt at the last minute.

Kissinger’s British Takeover of America

Though it took a few assassinations throughout the post war years, Kissinger’s takeover of the State Department ushered in a new era of British occupation of American foreign policy, whereby the republic increasingly became the “Dumb Giant” acting as “American Brawn for the British brains” using Churchill’s words. While a nihilistic generation of youth were tuning in on LSD, and an old guard of patriots surrounding Wallace and Kennedy had fallen to the “red scare” witch hunt, geopolitical theory was fed like a sweet poison down the throat of a sleeping nation, replacing a policy of peace and “win-win cooperation” advanced by true nationalist patriots as FDR, Wallace and the Kennedys, with an imperial clone masquerading as a republic.

Sir Kissinger did nothing less than reveal his total allegiance to the British Empire on May 10, 1981 during a Chatham House conference in Britain when he described his relationship with the British Foreign office in the following terms: “The British were so matter-of-factly helpful that they became a participant in internal American deliberations, to a degree probably never practiced between sovereign nations… In my White House incarnation then, I kept the British Foreign Office better informed and more closely engaged than I did the American State Department… It was symptomatic”.

During this period, Kissinger worked closely with CIA director George Bush Senior, who was later rewarded for his role in advancing the British-planned first war on Kuwait with a knighthood. This war set the stage for the second wave of Middle East wars beginning with the Anglo-Saudi orchestrated operation known as 9/11 and the ushering in of the new “post-nation state order” by Kissinger and Blair.

This was the era which was celebrated by both Kissinger and Bush in sundry places as “the New World Order”.

The Dystopic New World Order Threatened by a New Deal of the 21st Century

It is this dystopic geopolitical order which has been challenged by the Russia-China alliance which arose in earnest with Xi Jinping’s 2013 announcement of the Belt and Road Initiative as the Grand design for large scale infrastructure projects internationally and in September 2015 with Vladimir Putin’s intervention into Syria which defeated the Hobbesian regime change paradigm which poisoned the west. In 2016, the election of nationalist American President Donald Trump opened the door for the first time in over 50 years to a true national coalition of sovereign nations to eliminate the cancer of colonial thinking forever from the earth.

It is this same British-run deep state which owns Robert Mueller, who along with the Integrity Initiative, Five Eyes and other Deep State operatives are dedicated to overthrowing President Trump from office and undoing the great potential now facing the world as outlined by the Schiller Institute and American statesman Lyndon LaRouche: 1) an FDR-style re-organization of the bankrupt banking system and 2) the unleashing of a global New Silk Road as the New Deal of the 21st Century.


BIO: Matthew J.L. Ehret is a journalist, lecturer and founder of the Canadian Patriot Review. His works have been published in Executive Intelligence Review, Global Research, Global Times, The Duran, Nexus Magazine, Los Angeles Review of Books, Veterans Today and Sott.net. Matthew has also published the book “The Time has Come for Canada to Join the New Silk Road” and three volumes of the Untold History of Canada (available on untoldhistory.canadianpatriot.org). He can be reached at[email protected]

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