Alex Krainer: After the Iran War – A New Global Economy

Alex Krainer: “This is why all wars really are bankers wars and why they will never give up, because for the bankers it’s either bringing new collateral into the system or it’s their whole system imploding. They don’t know how to do anything else. They don’t plow fields. They don’t build anything. They don’t write novels or symphonies. They do absolutely nothing. They just pull money out of thin air, lend it to us at interest, and then collect services on on those debts. That’s what they do. That’s the only thing they do. And they will sacrifice every nation that they occupy like the United States, Great Britain, France and so forth completely in order for their system to survive and to continue.”

This is a very succinct statement of the essence of finance capitalism. It is a parasite on the real world economy that must keep feeding on it to survive until it kills the host. Then, like an other parasite, it too dies. However, the human host has developed a resistance to this disease, as countries like China and Russia have reorganized their economies and financial systems to control their own money supply and use it to finance industrial development and rising living standards for their people. The United States could do this also, and many people hoped that Trump intended to do this, to restore the American System of economy for the development of industrial capitalism practiced in the 19th century. That is what Alex hoped, and why he supported Trump until Feb. 28. I also voted for Trump three times, because I hoped he represented such a change. But now we see that Trump represents not a change for the better but the last act of finance capitalism. Change for the better can only begin as finance capitalism dies. There will probably be a depression lasting several years from which new leadership will have to emerge.