Socio-Economics History Blog

Socio-Economics & History Commentary

Kyle Bass: “Japan Will Implode Under Weight Of Their Debt”!

  • Kyle Bass: “Japan Will Implode Under Weight Of Their Debt”! 
    by Tyler Durden, www.zerohedge.com 
    As the fast-money flabber-mouths stare admiringly at the rise in nominal prices of Japanese (and the rest of the world ex-China) stock prices amid soaring sales of wheelbarrows following Kuroda’s ‘shock-and-awe’ last night, it is Kyle Bass who brings these surrealists back to earth with some cold-hard-facting. Out of the gate Bass explains the massive significance of what the Japanese are embarking on, “they are essentially doubling the monetary base by the end of 2014.”

    It is a “Giant Experiment,” he warns, but when you are backed into a corner and your debts are north of 20 times your government tax revenue, “you’re already insolvent.” Simply put, Bass says they have to do something and they have to something big because they are “about to implode under the weight of their debt.” For a sense of the scale of the BoJ’s ‘experimentation’, Bass sums it up perfectly (and concerningly), “the BoJ is monetizing at a rate around 75% of the Fed on an economy that is one-third the size of the US!”

    What they are trying to do is devalue the currency to attempt to become more competitive while holding their rates market flat – the economic zealots running the world’s central banks believe they can live in that Nirvana – and Bass believes that is not the case, as they will lose control of rates, since leaving the zone of insolvency is impossible now. His advice, “if you’re Japanese, spend! or take it out of your country. If you’re not, borrow in JPY and invest in productive assets.” Do not be long JPY or Japanese assets as he concludes with the reality of Japan’s “hollowed out” manufacturing industry and why USDJPY is less important that KRWJPY.

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April 5, 2013 Posted by | Economics | , , , , , , , , | Comments Off on Kyle Bass: “Japan Will Implode Under Weight Of Their Debt”!

Is It Beginning? Biggest JGB Price Collapse In Over 10 Years Triggers TSE Circuit Breakers!!!

Now that is a stunning reversal!!

Now that is a stunning reversal!!

Biggest price drop in JGB Futures in over 10 years!!

Biggest price drop in JGB Futures in over 10 years!!

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April 5, 2013 Posted by | Economics | , , , , , , , | Comments Off on Is It Beginning? Biggest JGB Price Collapse In Over 10 Years Triggers TSE Circuit Breakers!!!

Banking Insider – V’s Alert: The End of All Things – It’s Not ‘Cash Flow’ But ‘Crash Flow’ !

Global economic, financial and monetary collapse super storm is coming!

Global economic, financial and monetary collapse super storm is coming!

  • V’S ALERT -‘THE END OF ALL THINGS’-IT’S NOT ‘CASH FLOW’ BUT ‘CRASH FLOW’
    by www.stevequayle.com 
    I sat in my living room watching global events unfold I felt like a movie goer watching a film that he has seen over and over again and knows the line, the plot and exactly how this ends. Better yet I felt like a passenger on the proverbial Titanic already in the life boat waiting for the Iceberg while the rest of my fellow passengers look at me with sheer curiosity and some with outright disdain. As I and a few of my cohorts scream with alarm warning to prepare for the eminent demise of that which is deemed ‘unsinkable”. The passengers begin to rearrange the deck chairs. Some frantically still trying to upgrade to first class. Others clamoring for a room with a view on a liner doomed for destruction. Still others lined up for the meal service waiting to eat unbeknownst to them their last meal. This my friends is how and many like me feel.

    I warn them about the demise and collapse heading into our very lives and path. Yet many of you ask me if I should buy a home?  Some ask me what I should do with precious metals since it does not produce “cashflow”. Some ask me about 401K, Roth IRAs, stocks, bonds, commodities, etc…. All for “cashflow” What CASH!? If you are in a paper position my friend you will not have “Cashflow” You will have “CRASH-FLOW” the direction and movement of a collapsing currency as it hyper- inflates to oblivion leaving you beggared and destitute. That is the term I coined ( Now watch some head at Forbes steal my line)’Crash Flow’.

    Enough of the jests. Here is what I am seriously and I mean seriously concerned about.

    1) The 38th Parallel Igniting on Fire.
    For the last 60 years the Idiotic Dynasty of Morons called the Kims who have ruled North Korea have always blustered and bluffed to get their way. In exchange for rhetoric and showmanship, we give him aid. In the likes of much needed food for his brain washed starving masses who see these Ass-Clowns as gods. 

    This time though it is different. This time there is something crazy about this generation of Kim. I can not shake the feeling that this is playing out to be a nightmare scenario. Here is what I mean and I hope you can see the patterns. Now follow along:

    a) Back in 2009 N.Korea detonated a “Super EMP device” one capable of blacking out the entire contiguous 48 states. The  main stream media under-reported this and the “experts” written it off as no big deal. 
    b) North Korean long range missile capability is currently in reality “unknown” Even if they do not have this capability it is still a moot point as I will show later. Thanks in part to exhibit “a”.
    c) Many real “experts” the ones that you wont find on the MSM channels firmly believe that these lunatics have in fact miniaturized their warheads though they are far from MIRV capability. 
    d) Their increasing nuclear testing.
    e) The severing of the 1953 Armistice that ended the Korean War.
    f) The severing of the one “phone line” from Seoul to Pyongyang.
    g) Recommissioning of the Yongbyong Nuclear facility.
    h) Constant threats and state of readiness for war.
    i) Chinese mobilizing aircraft, ships and troops on the border.
    j) America sending in B52, B1, B2 , F22, and Agis Missle Destroyers and Cruisers.
    k) Satanic Hollywood making not 1 but 2 movies that showcase North Koreans as the enemies (Red Dawn and Olympus Fallen).

    What I fear is a scenario playing out like this. America is a super power hanging by a string. You are only as strong as your economy and our economy my friends is very weak. Fragile to the point that the slightest trauma, or the slightest “Black Swan” event could trigger the end of Pax-Americana not in decade or two but overnight. We all know that the kings of the east along side with their allies have formed a counter balance to the tyrant that America has become. They are called the BRICS. It was announced last week and I warned about this. The BRICS nations(BRAZIL,RUSSIA ,INDIA,CHINA AND SOUTH AFRICA) have agreed to create a BRICS bank to counter weight the IMF and World Bank. This effectively kills the dollar. They are setting up an exchange that would allow the issuance of credit and loans with solid Gold being the reserve collateral. They are doing this and building the framework and purchasing all the thousands of metric tons of ‘GOLD’ using American T-Bills. This accomplishes two things. One it dumps their position on the toxic US dollar and two, it allows them to buy as much precious metals as possible.  The end game of this is that the BRICS understand that the dollar is about to die as the world reserve currency. That is why today over 50% of the biggest economies in the world have stopped using it, moved away from it or limited severely their reliance on it. If you do not hear the death knell ringing then you are deaf as well as dumb.

    Many have said that the Chinese and Russians are going to attack us at our weakest. Many envision and invasion force. I believe that they do not have to do that at all. All they have to do is fight us by proxy via the loose cannons of North Korea. All it would take is the right setting up or firing of a large scale EMP device smuggled in or fired close to shore from a cargo ship. It was not that long ago that a Chinese sub fired a ICBM off the coast of Los Angeles catching the Pacific Fleet with their pants down. Heck they can fire it from a fishing boat. The point is “ANY” attack can bring the markets to a halt and the economy to a complete crash.  Again ANY attack or disruption.

    The situation in the 38th Parallel also benefits the Chinese as dealing with the problem of the Japanese / Senkaku island problem. An engaged or EMP struck America will not be able to come to the rescue of their lackys Japan, or Taiwan for that matter. Japan is set to go belly up any way economically. The Abe reforms have failed and the Yen to Dollar index is still way too high thanks to the currency wars and a devalued dollar. It is sitting at 93 when it should be 83. Japan will try to start or get involved with any regional war in order to distract it’s populace. Except this excursion will cost them everything.

    2) The Middle East.
    Need I say more? With the Asad regime change and the failed European colonization program called modern Israel (nothing to do historic/biblical Israel) crescendo into abject failures the West has to try more extreme methods. Look for the biggest welfare state in the region (Israel) to get desperate and initiate a greater regional war. This will back fire on them as their American ally will most probably have their hands full from licking their wounds from a Sino-Russo beating as well as civil unrest due to a maniacal government and a collapsed economy.

    3) World:
    Eurozone will be officially collapsed as the big money was out by end of June 2012.
    The Major Bank hacks will occur.
    Bank Failures and glitches will become common place.
    Civil unrest among any and all that have it’s dealings with Western Banking systems or Models.
    Total loss of all paper backed assets and wealth.

    These are but a few scenarios that are headed our way. One is a very real potential (North Korea) The other is a definite: Dollar death and total collapse of the US and western economies.

    May God help you all and please stop asking me about “buying a home”.

    “V”

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April 5, 2013 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Global Warming Idiots and Their Propaganda: Why Global Warming Has INCREASED Ice Around Antarctica!

http://www.dailymail.co.uk/sciencetech/article-2302401/Global-warming-INCREASED-ice-Antarctica.html

This piece is propaganda BS! Believe! Believe!

Can you smell it??

Can you smell it??

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April 5, 2013 Posted by | Social Trends | , , , , , , , , | Comments Off on Global Warming Idiots and Their Propaganda: Why Global Warming Has INCREASED Ice Around Antarctica!

Bob Moriarty: The First Crack In The Bond Market Is A Fact !

US-Debt_Economic-collapse

  • The First Crack In The Bond Market Is A Fact
    by http://goldsilverworlds.com/ 
    This article is the result of an interview with Bob Moriarty (editor and founder of 321gold.com) and reflects his thoughts on the Cypriot case.

    There are two main issues in the Cypriot banking crisis. The first one is related to the general principle of loans: it is axiomatic that all loans get paid either by the borrower or by the lender. This is the fundamental relationship that anyone has with the bank. When you deposit money into the bank, in your mind it is your money. In the bank’s mind, and from a legal point of view, it is a loan to the bank. If the bank makes foolish investments and loses money [including (y)ours], someone has to pay it.


    “Cyprus made us clear that our money on the bank is not our money, it is the bank’s money.”

    In the case of Cyprus, the losses of the banks were first attributed to the shareholders, then the bondholders, finally the people who had loaned money to the bank. Which foolish investments did the Cypriot banks make? Simple, they were in Greek bonds. As we all know Greek bonds have lost 90% of their value (despite sky high interest rates). Here it gets really interesting. The shareholders and the bondholders of insolvent banks never lost a cent because governments have bailed them out. For the very first time now, they have been wiped out. That is a catastrophic moment for the banking system. Bank A loans money to bank B in the form of a bond, bank B loans money to bank A in the form of a bond. That is the keystone of the whole banking system. It is a zero sum game until one of the counterparties is not able to meet its obligations. It’s no longer an interest rate risk, it is now a counter-party risk.

    In Cyprus, for the very first time counterparties have been wiped out. Once this gets rolling, it is able to start an avalanche. When people will look back to history there will be two moments that mark the big financial and banking collapse. The first one is late June of 2007 when two Bear Stearns hedge funds collapsed. The second one will be March of 2013 when Cypriot banks closed in an unprecedented bank holiday, and for the first time counterparties have been wiped out. It is almost a sure thing that the latter will cause a cascading effect because all banks are linked to each other via bonds. As the banking system has become so complex lately (to the extent that it is almost not possible to understand it anymore), the cascade will hit pretty hard and fast.

    There could be bank runs in other countries because Cyprus has shown the world that money at the bank is at risk. But that is not the key risk we are facing. The main risk is the unsecured money. In the US there is $10.9 trillion of debt which is insured by an FDAC fund of $32 billion. This is ludicrous. The insolvency of the whole debt based system is the main risk right now. That means that for every $100 on deposit under FDIC insurance, only $.30 is there to back it in case of a bank failure.

    “There is more debt in the world than there are assets to pay, so somebody has to pay for the debts.”

    We are back at June 2007
    After 2008, the banks have accumulated more debt. Going back to the first point (all loans get paid, either by the borrower either by the lender) it implies that someone will turn up for this excessive debt. The day of reckoning can be delayed, but it cannot be avoided.

    When Bear Stearns hedge funds went under, because of subprime mortgages, nobody could pretend that there was no problem. Similarly, the bankruptcy in Cyprus is the first crack and maybe the most important one. Nobody can ignore the debt problem as from now on. In that respect, Japan is a story that is much worse. Governments have a vested interest in lying to the public. For the public to understand, they need to look at all the information that is laying out there. The highest level piece of information is that there are $648 trillion dollars in derivatives out there in a $64 trillion dollar global economy. What does it tell you? Take a moment to reflect this.

    read more!

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Korn Singer Jonathan Davis: “Obama is an Illuminati Puppet” !

Obama the Illuminist, 32nd degree Freemason flashing the devil's horn symbol ?

Obama the Illuminist, 32nd degree Freemason flashing the devil’s horn symbol ?

From the Satanic Bible: Horned Hand or The Mano Cornuto: This gesture is the Satanic salute, a sign of recognition between and allegiance of members of Satanism or other unholy groups.

From the Satanic Bible: Horned Hand or The Mano Cornuto: This gesture is the Satanic salute, a sign of recognition between and allegiance of members of Satanism or other unholy groups.

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April 5, 2013 Posted by | GeoPolitics | , , , , , | Comments Off on Korn Singer Jonathan Davis: “Obama is an Illuminati Puppet” !

Doug Casey: All Banks Are Bankrupt !

Banks_of_Cyprus_Robbing_Public

  • Doug Casey: All Banks Are Bankrupt! 
    by http://www.caseyresearch.com/
    (Interviewed by Louis James, Editor, International Speculator)

    L: Doug, there is considerable disagreement over the significance of the Cyprus crisis. A lot of people are saying that it’s just a flash in the pan; Cyprus is a small country, far off, and doesn’t really matter. Other people are saying it’s very significant. The European Central Bank took unprecedented steps. What do you think?

    Doug: I think this could be the spark that ignites the keg of dynamite under the current financial system. All banks, all around the world, are bankrupt, and have been for years. That’s because all the world’s banks run on a fractional reserve basis.

    L: I know what you mean, but we should spell that out: by law and backed with government guarantees, banks only have to keep a tiny fraction of the money people deposit on hand. They lend out the vast bulk of it, and in even in good times, they could not return all depositors’ money at once, since loans cannot be called in instantaneously, and most would be defaulted on if they were. In bad times, the charade is even more hollow, since many loans that banks are currently owed will never ever get paid.

    Doug: Yes, and they are all in that position. It was more serious in Cyprus because that economy is very leveraged to finance. In other words Cyprus was a banking epicenter for Europe. It was easier to make deposits – there were fewer questions asked – making banking the major business of the country. But I think the trouble will spread from there. It could spread to Luxembourg or Malta next; both are at least as leveraged to the financial sector as Cyprus. And from there… who knows?

    Anyone with any sense should withdraw whatever cash they have in European banks, whether in euros or any other currency, immediately. Cyprus demonstrated that governments are quite willing and able to confiscate money sitting in a bank account in order to preserve the banking system. We live in Bizarro World.

    L: Why would it spread? Cyprus was said to be particularly vulnerable because of its strong Greek connections; Cypriot banks had bought of lot Greek debt. Would people in Luxembourg be as exposed?

    Doug: All banks are in effect creatures of the state at this point. They all own a lot of government bonds, which are considered the most secure form of capital. Of course, that’s the opposite of the truth; all these governments are bankrupt as well. The Greek government is just more overtly bankrupt than most.

    Actually, we should take a minute here to discuss what a properly run banking system looks like. Historically, banks offered two types of accounts: demand deposits and time deposits. Demand deposits are what we call checking accounts today, but the original idea was that you’d pay your bank to store your money securely, and you had the right to “demand” your deposit back immediately, and to transfer funds via check.

    The idea of time deposits, which became savings accounts, was that the bank would pay you interest when you deposited your money with them for a specific period of time. That’s why it’s called a “time” deposit; you lent the bank your money for a given time, as did other depositors, and the banks would always know how much money they could lend out – at higher interest rates. Furthermore, loans made against time deposits were always short term, and also self-liquidating, against receivables, or excess inventory, for instance.

    There were no government guarantees for deposits back then; bankers needed to capitalize their businesses with their own funds, and if they miscalculated, they were personally liable – and often did go bankrupt themselves if they made too many bad loans. Depositors naturally avoided banks known to make risky or illiquid loans. Banks competed to be known as the most prudent and solvent.

    Both lenders and depositors were cautious. Before the early 20th century, people might well have laughed at today’s depositors of Cypriot banks. If they were foolish enough to put their money in banks that made such stupid loans, they only get what they deserve.

    read more!

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BRICS Regimes Forge New World Bank, Call for Global Currency!

Pope_JohnPaul2_One_World_Government

Myron_Fagan_Illuminati_Engineered_Conflicts

http://www.jrbooksonline.com/PDF_Books/WallStreetCommieRevolution.pdf

Click on image to goto the free pdf E-book !

http://www.reformed-theology.org/html/books/wall_street/

Click on image to goto online book!

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April 5, 2013 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , , , , | Comments Off on BRICS Regimes Forge New World Bank, Call for Global Currency!

Euro-Russian-U.S. Experts Warn of Nuclear War Threat !

Mutually_Assured_Destruction_MAD

  • Euro-Russian-U.S. Experts Warn of Nuclear War Threat! 
    by http://larouchepac.com/
    A group of high-level military and political leaders from Europe, the U.S., and Russia published an op-ed in the New York Times on Tuesday, warning of the increasing danger of nuclear war, insisting on the urgent “Revamping of Euro-Atlantic Security.” The group of 30, representing the institutional resistance to the British Empire war policies, is co-chaired by former Sen. Sam Nunn, former Russian Foreign Minister Igor Ivanov, former German Deputy Foreign Minister (current head of the Munich Security Conference) Wolfgang Ischinger, and former British Defense Secretary Des Browne. It had published in February 2012 the results of their two-year study, calling for an “effective Euro-Atlantic Security Community.” Obviously concerned that things have further deteriorated, they wrote the following (edited) op-ed, more stridently asserting the danger of war:

    “Security policies in the Euro-Atlantic region… are dangerously out of date and demand urgent attention…. Cold War-era security concepts and their associated weapons and military postures continue. Large strategic nuclear forces remain deployed on prompt launch, ready to be fired in minutes; thousands of tactical nuclear weapons are still stockpiled in Europe; a decades-old missile defense debate remains stuck in neutral; and new security challenges associated with prompt-strike forces, cybersecurity, and space remain contentious and inadequately addressed…. The alarming asymmetry between military capabilities and a true Euro-Atlantic partnership is dangerous and potentially destabilizing, undermining the trust necessary for cooperative efforts to meet emerging security threats in Europe and across the world….

    “[T]oday’s leaders should move decisively and permanently toward a new security strategy, one that considers offensive and defensive military forces, nuclear and conventional weapons, and cybersecurity and space. Thinking together about these issues in an integrated way can lead to transformational change in Euro-Atlantic security and nuclear and conventional force postures  from the persistent Cold War shadow of MUTUALLY ASSURED DESTRUCTION TO MUTUAL SECURITY [emphasis added]. Issues relating to nuclear weapons and missile defense should receive the highest priority in the first five years. It should also be possible to take steps relating to conventional forces, cybersecurity and space during the initial phase.

    “Reducing the role of nuclear weapons as an essential part of any nation’s overall security posture — without jeopardizing the security of any of the parties — should be among the core principles guiding this new dialogue. This should include practical steps to increase decision time and crisis stability for leaders, in particular with respect to U.S. and Russian strategic nuclear forces. Even under the latest nuclear arms treaty, each country will maintain thousands of nuclear warheads on hundreds of ballistic missiles ready for prompt launch and capable of hitting their targets in less than 30 minutes. This status increases the risk that a decision to use ballistic missiles will be made in haste based on false warning, as well as the risk of an accidental or unauthorized missile launch….

    “While there is much more at stake here than guns versus butter, in the area of nuclear weapons alone, the potential price tag is breathtaking. The United States is poised to embark on programs to build new nuclear-armed ballistic missile submarines and strategic bombers at a cost of more than $400 billion, and to extend the life of nuclear weapons deployed in Europe at a cost of $10 billion. Russia reportedly plans to spend 1.9 trillion rubles, or $61 billion, over the next decade to modernize its strategic nuclear forces, while the United Kingdom estimates the cost of Trident replacement at £25 billion, or $38 billion….

    “There is an historic  and fleeting  opportunity to act. There is no more important security issue for leaders to address.”

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Korean Rhetoric Can Spark Full-Scale War!

  • Published on Apr  3, 2013
    A political analyst tells Press TV that a war of rhetoric is going on in the Korean peninsula and the rhetoric is getting very heated and there is a danger that something happens to trigger a conflict.


    The comments came after UN Secretary General Ban Ki-moon warned about tensions simmering on the Korean peninsula saying the crisis must be resolved through dialogue. Speaking at a news conference in Andorra, Ban said on Tuesday that “The current crisis has already gone too far… Things must begin to calm down… Dialogue and negotiations are the only way to resolve the current crisis.”

    Press TV has conducted an interview with William Jones, Executive Intelligence Review, to further discuss the issue.

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Professor Christine J. Hong: US Destabilizing Korean Peninsula!

  • Published on Apr  4, 2013
    A commentator says the United States has always accused North Korea of adopting provocative policies, but in fact Washington’s own actions are far more destabilizing.


    The North Korean army has announced that it has received final approval for a nuclear attack on the United States in response to Washington’s threats and its planned deployment of an advanced ballistic missile system to the Pacific island of Guam. Last week, North Korea said its military should be prepared to attack “all US military bases in the Asia-Pacific region, including the US mainland, Hawaii, and Guam” as well as neighboring South Korea. South Korea and the US have signed a new military pact in response to what they called even low-level provocations by North Korea. Press TV has conducted an interview with Christine J. Hong, professor of the University of California from Santa Cruz.
http://www.democracynow.org/2003/5/2/did_donald_rumsfeld_aid_north_koreas

Rumsfeld supplied North Korea the nuclear technology! Click on image for article!

http://www.guardian.co.uk/world/2003/may/09/nuclear.northkorea

Illuminists create the best enemies money can buy to foment war throughout the world. War, to them, is simply a means of controlling, herding the sheeple and for the mass culling of ‘excess’ sheeple! Click on image to goto article!

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April 5, 2013 Posted by | GeoPolitics | , , , , , , , , , | Comments Off on Professor Christine J. Hong: US Destabilizing Korean Peninsula!

Can The New World Order Keep You in The Dark for Life?

Texe_Marrs_Satanic_Masonic_Doctrine_Circle_of_Intrigue

Luciferian_New_World_Order_Koch_n_Spangler

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April 5, 2013 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , , , , | Comments Off on Can The New World Order Keep You in The Dark for Life?

Alex Jones: The War Against Reality!

CIA_PsyOps_Deception_William_Colby_Casey_James_Angleton

http://americanfreepress.net/?p=1263

Click on image to goto article!

http://www.thenewamerican.com/world-news/europe/item/8864-vatican-council-calls-for-world-government-central-bank

Click on image to goto article!

http://www.forbes.com/sites/ralphbenko/2013/03/11/1-6-billion-rounds-of-ammo-for-homeland-security-its-time-for-a-national-conversation/

Click on image for article!

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April 5, 2013 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , , | Comments Off on Alex Jones: The War Against Reality!

Syrian Girl: Fatwa Permitting Rape of Syrian Women!

http://www.globalresearch.ca/syria-clinton-admits-us-on-same-side-as-al-qaeda-to-destabilise-assad-government/29524

All wars are based on deception! Sun Tzu, the Art of War! Al Qaeda is really Al CIAda!
Click on image to goto article!

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NATO Protected Afghanistan Produces 90% of World’s Opium!

It’s about drugs, oil/gas pipelines and world conquest! The global drug trade is controlled by the 13 Satanic bloodlines!

  • Who owns and controls the global drugs trade? It is the same group of people who owns and controls: the Military Industrial Complex (MIC), Big Oil Cartel, Big Pharma Cartel, Central Banking Cartel …. the real rulers of the world: the 13 Satanic bloodlines! The global drugs trade is controlled via Illuminist intelligence agencies: CIA, MI5/6 … etc. The invasion of Afghanistan was for the control and production of opium (amongst many objectives). Afghanistan now produces something like 95+% of world opium since the invasion. Before that the Taliban systematically destroyed all opium crops in Afghanistan because it was against their religious beliefs.

    Taleban Wipes out Afghanistan’s Opium Production
    Jim Teeple Jalalabad, 8 Apr 2001 21:23 UTC
    U.N. drug control officials say Taleban authorities in Afghanistan have wiped out the country’s opium crop – the largest such crop in the world. U.N. officials say the action is unprecedented, and Afghanistan’s former poppy farmers need urgent assistance to help them make the transition to farming legitimate crops. That transition is already well underway, but many Afghan farmers think giving up poppy farming will mean a harder life.

    Afghanistan, Opium and the Taliban
    JALALABAD, Afghanistan (February 15, 2001 8:19 p.m. EST)
    U.N. drug control officers said the Taliban religious militia has nearly wiped out opium production in Afghanistan — once the world’s largest producer — since banning poppy cultivation last summer. A 12-member team from the U.N. Drug Control Program spent two weeks searching most of the nation’s largest opium-producing areas and found so few poppies that they do not expect any opium to come out of Afghanistan this year.


    CIA Created Afghan Heroin Trade!
    by Dean Henderson, http://deanhenderson.wordpress.com/
    Afghan President Hamid Karzai has good reasons for trying to shut down US investigations into corruption in his government. The Afghan aristocracy has always run the nation’s heroin trade. But it was the CIA that created it.

    (What follows is excerpted from Chapter 8: Project Frankenstein: Afghanistan: Big Oil & Their Bankers…)
    In 1933 King Mohammed Zaher Shah took the throne in Afghanistan, ruling the country in feudalistic fashion until he was deposed by his cousin Mohammed Daoud in 1973. A handful of families including the Karzais and the Kalilzidads (Zalmay Kalilzidad is US Ambassador to Afghanistan) owned nearly all arable land, while most Afghans languished amidst some of the planet’s worst poverty. Finally, they’d had enough.


    In April 1978 King Daoud was killed in a revolution led by Nor Mohammed Taraki, who became President. Taraki embarked upon an ambitious land reform program to help poor Afghan sharecroppers who were traditionally forced to work the land owned by the king and his cronies. He built schools for women, who were banned from education under the monarchy. He opened Afghan universities to the poor and introduced free health care.

    When counter-revolutionary bandits began to burn down universities and girl’s schools, many Afghan’s saw the hand of the CIA. By April 1979, a full seven months before the much-ballyhooed Soviet “invasion” of Afghanistan, US officials were meeting with corrupt Afghan warlords and oligarchs bent on overthrowing Taraki.

    As the campaign of sabotage intensified, Kabul revolutionaries called on Soviet leader Leonid Brezynev to send troops to repel the bandits. Brezynev refused. The situation deteriorated.

    Pro-Taraki militants, convinced of a CIA destabilization plot, assassinated CIA Kabul Chief of Station Spike Dubbs. On July 3, 1979 President Jimmy Carter signed the first national security directive authorizing secret aid to Afghan warlords. National Security Advisor Zbigniew Brzezinski said later that he had convinced Carter that in his, “…opinion this aid was going to induce a Soviet military intervention.” Brzezinski, who co-founded the Trilateral Commission with David Rockefeller, was baiting the Soviets to invade Afghanistan.

    The embattled Taraki appointed Tabizullah Amin as cabinet minister in charge of land reform. Amin launched a brutal campaign of terror against political opponents, turning world opinion against the previously celebrated Taraki government. Former KGB Chief Yuri Andropov believed that Amin was an agent provocateur working with the CIA to infiltrate the Kabul government, intent on discrediting its progressive agenda.

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Marines Bypass Taliban Opium Fields in Afghanistan

U.S. soldiers inspect a cache of opium that was seized at a border police station on the outskirts of Herat, 23 October 2007. Afghan border police in the western Afghan city have seized 644 kilograms of opium. Afghanistan accounts for over 93 percent of the world’s supply of opium, the main ingredient in heroin, a lucrative trade whose proceeds in part fund some of the Taliban-led insurgency. AFP PHOTO/STR (Photo credit should read STR/AFP/Getty Images). Source: http://whatreallyhappened.com/

http://www.amazon.com/Big-Their-Bankers-Persian-Gulf/dp/1453757732#_

Great book by Dean Henderson documenting the Illuminati Banking Cartel, Big Oil, Terrorism …. etc.

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April 5, 2013 Posted by | GeoPolitics | , , , , , , , , , , , , , , , , , | Comments Off on NATO Protected Afghanistan Produces 90% of World’s Opium!