Jack Bernstein: The Life of an American Jew in Racist Marxist Israel !
- This is in memory of Jack Bernstein, the courageous and honest Jew who faced up to what Zionist Israel really is and exposed it. Too many American Christians (40 millions) are deceived by this Satanic Zionist ’666′ counterfeit. They have been misled by Illuminist ‘Christian’ preachers telling them that Zionist ’666′ Israel is the Israel of the Bible. This is a LIE !
- When Zionist ’666′ Israel is destroyed in this coming greater Middle East war, many American Christians will fall. When they see the brutality of this neo Nazi state as it uses nuclear weapons against the Muslim world, many Christians will fall.
- I do not subscribe to the view that it is all a Jewish conspiracy. The paranoid: ‘Jews are the problem. They are out to conquer the world. They are the source of all the world’s problems…blah, blah, blah..!’ It is a Luciferian conspiracy. Illuminists have been masquerading as Jews for countless generations. The Synagogue of Satan is not Jewish but Satanic. Unfortunately, too many Jews have been brainwashed into enabling and assisting these Zionist Jew haters! The majority of Jews do not know what is going on and should not be blamed.
- Excerpts from Jack Bernstein’s book:
The Life of an American Jew in Racist Marxist Israel
Written in 1985 by Jack Bernstein
(This honest and courageous Jew was assassinated some years ago, by MOSSAD).
A CHALLENGE
THE CONTENTS OF THIS BOOK ARE EXPECTED TO BRING A STRONG REACTION FROM THE ZIONIST JEWS. I am well aware of the tactics of you, my Zionist brethren, use to quiet anyone who attempts to expose any of your subversive acts. If the person is a Gentile, you cry, “You’re anti-semitic” which is nothing more than a smokescreen to hide your actions.
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Before Israel became a state in 1948, Jews worldwide were filled with Zionist propaganda that Israel would be a homeland for all Jews, a refuge for persecuted Jews, a democratic country and the fulfillment of biblical prophecy.
I am an Ashkenazi Jew who spent the first 25 years of my life in the United States, the country that has given ALL Jews freedom and the opportunity to prosper — and prosper we Jews did, to the point that one portion of the Jews (the Zionists) have gained a position of political and economic dominance in the U.S.
To fully understand the story I am about to tell, it is important that you understand what Zionism really is. Zionist propaganda has led the American people to believe that Zionism and Judaism are one and the same and that they are religious in nature. This is a blatant lie.
Judaism is a religion; but Zionism is a political movement started mainly by East European (Ashkenazi) Jews who for centuries have been the main force behind communism/socialism. The ultimate goal of the Zionists is one ONE-WORLD GOVERMENT UNDER THE CONTROL OF THE ZIONISTS AND THE ZIONIST-ORIENTED JEWISH INTERNATIONAL BANKERS. Communism/socialism are merely tools to help them accomplish their goal.
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I was a Victim of Zionist Propaganda
After the 1967 War, we Jews were filled with pride that ‘our homeland’ had become so powerful and successful. Then too, we had been filled with the false propaganda that Jews in America were being persecuted. So, between 1967 and 1970 approximately 50.000 American Jews fell for this Zionist propaganda and migrated to Israel. I was one of those suckers.
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Our Marriage Created Problems
The marriage ceremony was held in the Sephardic Synagogue. The ceremony was simple but beautiful. Ziva and I were happy, but our marriage created serious problems. You see, Ziva is a Sephardic Jewess and I am an Ashkenazi Jew. For an Ashkenazi Jew to marry a Sephardic Jew is frowned upon in Israel by the ruling Ashkenazis. To understand why this is the case, you must realize the difference between the Sephardic and Ashkenazi Jews.
The powerful Zionist propaganda machine has led the American people to believe that a Jew is a Jew — one race of people and that they are “God’s Chosen People”. I will deal with the “God’s Chosen People” LIE later. First, it is important for you to understand that Jews are NOT one race of people.
There are two distinct groups of Jews in the world and they come from two different areas of the world — the Sephardic Jews from the Middle East and North Africa and the Ashkenazi Jews come from Eastern Europe. The Sephardic is the oldest group and it is they, if any, who are the Jews described in the Bible because they lived in the area described in the Bible. They are blood relatives to the Arabs — the only difference between them is the religion.
The Ashkenazi Jews, who now compromise 90% of the Jews in the world, had a rather strange beginning. According to historians, many of them Jewish, the Ashkenazi Jews came into existence about 1,200 years ago. It happened this way:
At the eastern edge of Europe, there lived a tribe of people know as the Khazars. About the year 740 A.D., the Khazar king and his court decided they should adopt a religion for their people. So, representatives of the three major religions, Christianity, Islam and Judaism, were invited to present their religious doctrines. The Khazars chose Judaism, but it wasn’t for religious reasons. If the Khazars had chosen Islam, they would have angered the strong Christian world. If they had chosen Christianity, they would have angered the strong Islamic world. So, they played it safe — they chose Judaism. It wasn’t for religious reasons the Khazars chose Judaism; it was for political reasons.
Sometime during the 13th century, the Khazars were driven from their land and they migrated westward with most of them settling in Poland and Russia. These Khazars are now known as Ashkenazi Jews. Because these Khazar Ashkenazi Jews merely chose Judaism, they are not really Jews — at least not blood Jews.
Throughout their history, these Polish and Russian Ashkenazi Jews practiced communism/socialism and worked to have their ideas implemented in these countries.
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Sephardic Jews — Second Class Citizens
For the first three years of our marriage, it was necessary for us to live with Ziva’s aunt. This was because of the critical housing shortage in Israel and because of racism. Housing is allotted as follows:
* Ashkenazi Jews who have lived in Israel for many years are given first choice.
* Second in line are Ashkenazi Jews from Europe — especially if they are married or marry an Israel-born Ashkenazi Jew.
* The next favored are Ashkenazi Jews from the U.S. — especially if they marry an Israeli born Ashkenazi.
* Sephardic Jews have the next choice of whatever housing is left.
* At the bottom of the list are Moslems, Druze and Christians.
Opportunities for employment follow the same pattern: Ashkenazi Jews get the choicest jobs, Sephardic Jews next, and Moslem, Druze and Christians fill the menial jobs with a great many left unemployed. Even through I was an Ashkenazi Jew from the U.S., I was placed lower on the list for housing because I married a Sephardic Jewess.
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Three Faces of Israel
From what I have told you so far, you must have the idea that Israel is a Marxist (socialist/communist) country. This would be correct. But, Israel has three faces: Communism, Fascism and democracy. The Ashkenazi Jews who migrated to Israel from Russia brought with them the ideology of socialism/communism and have put into practice much of that ideology. The Ashkenazi Jews who migrated to Israel from Germany, while sympathetic to communism and support it, tend to favor the practices of Nazi-style fascism. During World War II, in Germany these elite Zionist Ashkenazi Jews worked closely with Hitler’s Gestapo in persecuting the lower class German Jews and delivering them to concentration camps.
Now living in Israel, these elite Zionist Jews, who were well trained in Nazi-style fascism and favor it, have imposed many facets of fascism on Israel. To give the impression that Israel is a democracy, members of the Knesset (Israel Congress) are elected — an odd type of election. This is where Israel’s so-called democracy stops. It doesn’t make any difference which party wins an election, the LIKUD or LABOR, the elite Zionist Jews rule in a dictatorial manner — giving favors to the elite clique and brutally suppressing any dissent.
In the Zionist/communist scheme of world domination, it is Israel’s role to continually stir up trouble in the Middle East. Since wars are a big part of this scheme of aggression, it is only natural that from early childhood on, Israeli youth are trained mentally and physically for war. For instance: Israel has its equivalent of Hitler’s youth group. It is the Gadna; and all high school and junior high students are required to participate — boys and girls. Like Hitler’s youth group, the youth in Israel’s Gadna are dressed in khaki uniforms. They take training and engage in paramilitary exercises.
Even at play, guns and thoughts of war are present. When on a picnic, instead of taking along baseball or soccer equipment, they take sub-machine guns and assault rifles and practice shooting and playing military games.
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Concerning Nazism/Fascism, please let me clear a point. Germans are an admirable people — I dare say even great. But in Germany, the general population were victims of the Nazis who through cunning and brutality gained power. In Germany, the average Jews were victims of the Zionist elite who worked hand in hand with the Nazis. Many of those same Zionist Jews who, in Germany, had worked with the Nazis, came to Israel and joined hands with the Zionist/Communist Jews from Poland and Russia. It is the two faces of communism and Nazi-style fascism that rule Israel. Democracy is merely an illusion.
Regarding the tie between the elite Ashkenazi Jew and the Nazis, take a look at the word ‘Ashkenazi’ — look again ‘Ashke-NAZI’.
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While America’s farmers, small businessmen and laborers are struggling to survive, the U.S. Government, dominated by Zionist Jews, are draining the pockets and purses of American taxpayers to support Israel’s socialist economy and war machine.
Since the Israeli government knows, and the favored Zionists know, that the Zionist pressure in America will ensure that America will keep sending them massive amounts of money, Israel’s government and its favored citizens spend money like drunken sailors. This practice leads to inflation and eventually to an economic collapse.
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Visitors to Israel
Tourism is one of Israel’s main sources of income. The largest group of visitors are American Jews. But, there are also many American Christians who want to visit the holy shrines and to see the land of ‘God’s Chosen People’. These Christians come away very impressed and filled with religious fervor.
While in Israel, Jews and Gentiles alike are carefully watched so that they do not stray and happen to see the sordid side of Israel — the true Israel. Like in Soviet Russia and other communist countries, visitors to Israel are taken on carefully planned guided tours. They are shown the religious sites, the universities, the lush orchards, the technical accomplishments, the arts, and to stir sympathy, they are taken to visit the Holocaust Museum. But, kept from the eyes of the tourists are the ghettos, the prisons where political prisoners, mostly Arabs and Sephardic Jews, are subjected to the most inhumane forms of torture. The tourists do not see the widespread crime activities and the corruption and cooperation between organized crime bosses and government and police officials.
The tourists do not learn of the true inner workings of Israel’s Marxist/Fascist government; nor do they see Israel’s Racism.
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Regarding the Holocaust Museum, I cannot help but comment:
THE HOLOCAUST MAY NOT HAVE HAPPENED — IF —
1. If the Zionist leadership in Germany had not cooperated with the Nazis.
2. If the Zionists, world-wide, had not persuaded various countries to refuse to accept Jews from Germany. The Zionists in America persuaded President Roosevelt to shut the door and not allow Jewish refugees into America before the war when there was still a chance for Jews to leave Germany.
* It must be added that many people, including Jews, question whether the Holocaust happened as portrayed by the Zionist propagandists — at least not to the extent the Zionist claim.
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Judaism — Few Jews, Sephardic or Ashkenazi, are religious. This is true in America, in Israel and world-wide.
Christianity — The Christians’ religion has felt the influence of Jewish meddling and infiltration (especially in America) resulting in confusion and bickering between the various Christian denominations. This has led to a ‘lukewarm’ attitude among most Christians toward their religion. There is evidence to prove that Jews, or one of their many fronts, have started many of the Christian denominations and thus dominate doctrine.
Islam — Moslems, who follow the teachings of Islam, are by far the most fervent of the 3 major religions in following their religious beliefs. The Judeo-Christian ethic we hear so much about in America is a big joke — the result of an intense Zionist propaganda campaign.
I’ll toss in one last thought about the “God’s Chosen People” myth: God said, ‘Beware of those who call themselves Jews and are not, for they lie’. Could it be the Ashkenazi Jews are the people to whom God was referring?
Israel Stirs Perpetual War
In the Holy land, it would seem that there would be peace. Instead, war and preparation for war is ever present. The Israeli military machine is recognized as the fourth most powerful in the world. From the standpoint of the amount of planes, tanks and other fighting equipment, plus the fact that it is of the latest design, does make the military machine of Israel very powerful.
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1948 War — Just after Israel had declared itself a state, Palestinians and other Arabs attacked the Israeli Army which had been formed out of the terrorist groups, the Irgun and Stern Gang. The reason for the attack by Palestinians was to try and regain their homes which, through murder and terrorism, the Zionists had confiscated. The Palestinians had been a peaceful people and were not trained in the art of warfare, while the Ashkenazi Zionist Jews who had migrated from Soviet Russia, Poland and Germany had more knowledge of tactical warfare.
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Israel’s Attack on the U.S.S. Liberty
During the 1967 War, one of the most daring acts of treachery was committed. It was the attack on an American ship, the USS Liberty, by America’s so-called friend, Israel. During Israel’s treacherous attack on Egypt, the USS Liberty, an American surveillance ship, was cruising off the coast of Israel monitoring the progress of the attack.
Realizing the USS Liberty was learning and recording Israel’s acts of treachery, Israeli leaders decided to ‘get rid’ of the evidence. Israeli planes and torpedo boats attacked Liberty with the obvious intent of sinking it. If the ship was sunk, thus destroying the evidence, Israel then could blame Egypt for the attack — and the Zionist controlled news-media in America would have given the lie as fact with the intent of turning the American people against Egypt. But, fortunately — bravery on the part of the Liberty crew kept the ship afloat. Israel failed in its act of treachery against America, its ally, but during the attack, Israel killed 34 crew members of the Liberty and wounded 171.
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It is pretty sad that to please the Zionist power in America, U.S. Government officials are willing to sacrifice the lives of American boys to save Zionist/Marxist Israel.
Young men already in the U.S. armed forces and their parents, grandparents, brothers and sisters should especially be concerned about Israeli precipitated wars and attempts to involve the U.S. in these wars, because if necessary, to save Israel in one of their acts of aggression, the U.S. Government will bow to the American Zionists and send American boys into combat — the boys will have no choice but fight on the side of Zionist/Marxist Israel.
IF AMERICAN BOYS DIE IN A FUTURE MIDEAST WAR, YOU WILL KNOW THAT THOSE RESPONSIBLE WILL BE THE ZIONIST JEWS OF AMERICA and THE WEAK-SPINED POLITICIANS IN WASHINGTON, D.C. WHO BOW TO THEIR ZIONIST LORDS.
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If more Americans are not made aware of the truth about Zionist/Marxist Israel, you can be sure that, sooner or later, these atheists who claim to be God’s Chosen People will trick the U.S. into a Mideast war against the Arabs who in the past have always been America’s best friends. Then, —
More American boys will die because of these clever murderous Zionists, WHO, incidentally, have been responsible for pushing America into WORLD WAR I, WORLD WAR II, the KOREAN WAR and the VIETNAM WAR.
While Zionist International Bankers and other Zionist Jews were busy counting their profits from those wars, American mothers and fathers, brothers and sisters were mourning the loss of their sons and brothers. WILL YOU SOMEDAY BE MOURNING THE LOSS OF YOUR SON OR BROTHER — because of Zionist treachery?
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… for the entire book click here!
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Zionist ’666′ Israel is a Satanic counterfeit. Ashkenazi Khazars (80%-90% of modern Jewry) are not the Jews of the Bible! They were never the chosen race and their ancestors were never in Palestine! What these Zionists do to the Palestinians is called: genocide and ethnic cleansing! See also: The Zionist Story! Genocide And Ethnic Cleansing of Palestine! Through The Eyes of An Ex-Israeli Soldier!
1980 Jewish Almanac
“Strictly speaking it is incorrect to call an ancient Israelite a ‘Jew’ or to call a contemporary Jew an Israelite or a Hebrew.”
(1980 Jewish Almanac, p. 3)
The Jewish Encyclopedia:
“Khazars, a non-Semitic, Asiatic, Mongolian tribal nation who emigrated into Eastern Europe about the first century, who were converted as an entire nation to Judaism in the seventh century by the expanding Russian nation which absorbed the entire Khazar population, and who account for the presence in Eastern Europe of the great numbers of Yiddish-speaking Jews in Russia, Poland, Lithuania, Galatia, Besserabia and Rumania.”
The American Peoples Encyclopedia
… for 1954 at 15-292 records the following in reference to the Khazars: “In the year 740 A.D. the Khazars were officially converted to Judaism. A century later they were crushed by the incoming Slavic-speaking people and were scattered over central Europe where they were known as Jews.
Exodus 22:21
“You shall neither mistreat a stranger nor oppress him, for you were strangers in the land of Egypt.”
Exodus 23:9
“Also you shall not oppress a stranger, for you know the heart of a stranger, because you were strangers in the land of Egypt.”
Leviticus 19:33
‘And if a stranger dwells with you in your land, you shall not mistreat him.’
Leviticus 19:34
The stranger who dwells among you shall be to you as one born among you, and you shall love him as yourself; for you were strangers in the land of Egypt: I am the LORD your God.
Leviticus 23:22
‘When you reap the harvest of your land, you shall not wholly reap the corners of your field when you reap, nor shall you gather any gleaning from your harvest. You shall leave them for the poor and for the stranger: I am the LORD your God.’
Leviticus 24:22
You shall have the same law for the stranger and for one from your own country; for I am the LORD your God.
Ezekiel 47:22-23
22 It shall be that you will divide it by lot as an inheritance for yourselves, and for the strangers who dwell among you and who bear children among you. They shall be to you as native-born among the children of Israel; they shall have an inheritance with you among the tribes of Israel. 23 And it shall be that in whatever tribe the stranger dwells, there you shall give him his inheritance,” says the Lord GOD.
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The so-called Star of David is a Satanic symbol. Satanists and occult practitioners use it for calling Satan and demons!
Former Satanist, Bill Schnoebelen (now born again Christian)
“A hexagram must be present to call forth a demon” and ” it is a very powerful tool to invoke Satan”.
“To the sorcerer, the hexagram is a powerful tool to invoke Satan.” In fact, the word “hex” — as to put a “hex” or “curse” on people — comes from this word.
If you examine the so-called “Star of David,” or hexagram, closely, you will discover something astonishing. It has six points, forms six equilateral triangles, and in its interior forms a six sided hexagon — thus it reveals the number of Satan’ antichrist beast, — 6 points, 6 triangles, and the 6 sides of the hexagram — 666 !!!

Revelation 2:9 - .... and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.
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Stiglitz Calls for New Global Reserve Currency to Prevent Trade Imbalances!
- The calls for a One World Currency grows louder. Do not be misled by people saying that this new currency will only be used between countries to settle trade imbalances and will not be used internally in the countries itself. This is a red herring to deflect fears of the destruction of national sovereignties. The Illuminist’s plan calls for the destruction of national sovereignties, world government, world army, global supra-national central bank and world currency. The next stage is the implementation of a Global Luciferian Police State controlling all buying and selling –> ’666′ !
Stiglitz Calls for New Global Reserve Currency to Prevent Trade Imbalances
by John Detrixhe and Sara Eisen, Bloomberg News
The world economy needs a new global reserve currency to help prevent trade imbalances that are reflected in the national debt of the U.S., said Nobel-prize winning economist Joseph Stiglitz.
A “global system” is needed to replace the dollar as a reserve currency and help avoid a weakening of U.S. credit quality, said Stiglitz, a professor at Columbia University in New York. The dollar fell to an almost 15-month low against the euro last week, and the U.S. trade deficit widened more than forecast in January to the highest level in seven months.
“By taking off the burden of any single country, we don’t have to have trade deficits,” Stiglitz said in an interview in Bretton Woods, New Hampshire. “Things would be much worse if it were not the case that Europe was having even more of a problem, but winning a negative beauty pageant is not the way to create a strong economy.”
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The Daily Bell: EU Dominos Tumble Toward Spain?
- The collapse of the Euro is a certainty. This is all part of the global monetary meltdown plan. The Japanese Yen, UK Pound and Euro will collapse. And thereafter, shortly (3-4 weeks according to Lindsey Williams) the USD will collapse! All these region/countries have debts that will never be paid back except via devalued currencies. I do not expect the rest of the world’s fiat currencies to survive.
- This is simply the Illuminist creating the problem, the chaos to set the right conditions for the introduction of their One World Currency backed by gold.
EU Dominos Tumble Toward Spain?
by www.theDailyBell.com
There is a clear pattern of events in the eurozone, and not much to choose between Portugal and Spain At 20.5%, Spain’s unemployment rate is almost double Portugal’s 11.1%. Spain’s current account deficit looks a lot healthier than Portugal’s, and its national debt is lower but there’s little between the two countries when it comes to the size of their respective budget deficits. The notion that Spain is somehow different to Portugal is based on a somewhat fanciful belief that it is a more dynamic economy and is immune from speculative attack by virtue of its size. – UK Guardian/Larry Elliott, Economics Editor
Dominant Social Theme: Hey, Portugal’s leaders have finally admitted the country is tapped out. Glad that’s over with. Now the EU can get back to building stability.
Free-Market Analysis: The mainstream press for the most part is taking the usual ho-hum approach to Portugal’s impending default and the Guardian article above is one of the few that takes a different tack. More common when it comes to this latest EU setback is the Economist magazine, perhaps the most authoritative of all the elite media mouthpieces, as follows:
Another domino has fallen in the eurozone debt crisis … After Greece and Ireland, Portugal has become the third debt-laden economy on Europe’s periphery to request a financial rescue. European Union leaders have breathed a sigh of relief. Olli Rehn, the EU’s top economic official, said it was a “responsible step for securing the financial stability of the euro Zone.” José Manuel Barroso, a former Portuguese prime minister who is now president of the European Commission, said the request would be “processed in the swiftest possible manner.”
Of course that makes sense. The Eurocrats who got themselves into this mess by lying to Europeans serially over decades about their real intentions (to recreate the Holy Roman Empire) have become quite practiced when it comes to “bailouts” (which really aren’t bailouts as Germans won’t tolerate them). This is a kind of dominant social theme: All is well with the EU and its top thinkers can deal with innumerable crises without breaking a sweat. They are cool cats, just like America’s Barack Obama.
Yes, things are OK with the Union. It’s just a rough patch. On the other hand, had we postulated just three short years ago that more than 10 percent of the EU would be insolvent at the beginning of 2011, we probably could have made a cold fortune from Britain’s bookies who will bet on anything. We should have made the bet, too, because we have never believed the EU could work, not so much because of the one-size-fits-all currency but because the entire EU enterprise has been built on lies and attempts to defraud some 500 million people about the real import and ambition of the Union.
The Eurocrats, the top ones, anticipated the current crisis and had made plans long ago to deal with it and use it to their advantage. Every default, every bond market meltdown, every financial failure was to be used to further centralize Brussels’ control. Recently we have pointed out that the EU itself is on its way efficiently and silently to gaining unprecedented power over its member states’ budget processes – as many administrations, conservative or socialist, obviously can’t be trusted to run their own economies. And just yesterday we carried a story about an EU itch to issue its own fixed income securities. There is no doubt what those running the EU have in mind. A United States of Europe and one, over time, that may be even MORE centralized than America.
The Guardian is not so sure. The article points out quite rightly that the mainstream media, in addition to playing down the upcoming Portuguese default, is reporting that Spain seems far better able to weather Euro-difficulties than the current batch of prostrate piggies. The argument is that Spain is in less dire straits generally, that it has a large, diversified economy and that its leaders have been properly decisive about implementing austerity measures and have accepted the “pain” earlier than other countries in similar difficulties.
The article in the Guardian points out that originally Eurocrats claimed that no country would be forced to default. This thesis, it adds, went by-the-boards when Greece defaulted after it was revealed that Greece’s situation was a good deal direr than the previous government had admitted.
Then there was Ireland, the Celtic Miracle. Eurocrats justified the Irish default by claiming that Ireland’s otherwise healthy economy had been compromised by a severe, anomalous housing bust, according to the Guardian. Now there is Portugal. The argument of the optimists is that Portugal is the last of the Eurozone’s three weakest economies. Spain, Italy, even France are all in much better shape. This is the argument that the Guardian summarizes and then proceeds to attack. The optimism that Eurozone leaders have voiced has been shown to be unfounded three times now. Why should current arguments that Portugal is last of the EU’s troublesome economies be believed?
The article goes further and tries to suggest that there is a kind of economic pathology, or at least denial, at work. In the first phase, the article suggests, a country is seen to be in difficulties. Phase two involves denials from the country’s leaders themselves. These denials continue in the third phase while debt-rating agencies issue warnings of downgrades that are eventually implemented. In the fourth phase, it becomes increasingly difficult for the country to sell its debt without paying punitive interest rates .
Phase five begins, according to the Guardian, with Europe’s policy elite “agreeing to a bailout with strings attached” while insisting that such a bailout and surrounding discussions will finally put paid to the country’s difficulties. The Guardian does not mention it, but when the financial package is finally delivered, it includes the regular IMF remedy that has caused unrest around the world: “privatization” of the country’s resources; higher taxes, reduced public services and pensions. This is the stage where Greece and Ireland reside; Portugal will surely get there.
The question is whether Spain will proceed down this path. We recently reported on an analysis of a Telegraph article that argued Spain would avoid the fate of the “PIG” (Portugal, Ireland and Greece). The Guardian argues otherwise. First there is the economic comparison: Last year, Spain grew by 0.6% while Portugal grew by 1.2%. And Spain suffers from the same kind of housing crisis that put Ireland under. The insolvency of the country’s construction industry has “infected” Spain’s financial system. This is a polite way of saying that Spain’s banks are under water and will remain so until the oversupply of houses and business buildings is reduced and prices return to normal. That could take years.
The Guardian’s conclusion is that Spain has some of the same problems as the “PIG” which is already insolvent. These make it an “obvious candidate for some close attention from the bond market vigilantes.” On the other hand, the article points out that coming to the aid of Spain is not like coming to the aid of the aggregate PIG. Spain is the Eurozone’s fourth largest economy. A default would not be contained. A crisis of such a magnitude in Spain, the article concludes, “will put at risk the future of monetary union in its current form.”
We have never predicted the imminent break-up of the EU or even a shrinkage of the eurozone. We’ve merely indicated for several years now that such events are possible (and from our perspective highly desirable). What is true, and remains true, in our opinion, is that the EU and the euro are involved in a larger tug-of-war between the truth-telling of the Internet and the fear-based promotions of the Anglo-American (and European) elite that have driven this ant-democratic and deeply authoritarian project forward.
But what has surprised us, of late, is the alacrity with which the EU is unraveling. It has led us, even, to speculate that the powers-that-be are doing the unraveling themselves to increase chaos and strengthen the case for a global currency. But we are not convinced, along with many others in the alternative media, that it will be either practical or easy to install a global currency in a short period of time. Meanwhile, the EU itself (or at least the euro) may commence to unwind in earnest.
Even if this somehow plays into power elite hands, it will be an extraordinary unraveling to watch and we would have to believe after 50 years of half-truths and outright falsehoods, such an occurrence would mark at least a setback for the Anglosphere. It would also setback the other regional currency unions that have sprouted around the world, and that would be a good thing as well.
Conclusion: We are always cautious about prognosticating because there are so many moving pieces when it comes to something as complex as the EU. But it does appear as if the Union’s problems are growing worse, not better and that if Spain begins to go downhill, the EU could shortly find itself sliding toward a precipice. Were this statement reality (and not metaphor), we would gladly provide the final shove.
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