Steuert die Welt auf den großen Crash zu? Russische Überlegungen zur Krise des Multilateralismus

steuert-die-welt-auf-den-grosen-crash-zu?-russische-uberlegungen-zur-krise-des-multilateralismus

24-05-19 06:47:00,

Zum sechsten Mal lud der Valdai-Diskussionsklub, der seit 15 Jahren regelmäßig die Größen nicht nur der russischen Politik und Diplomatie in Kasan, Rostow, Sankt Petersburg und zuletzt in Sotchi versammelt, zu einer europäischen Konferenz. Sie fand am 21. Mai 2019 in Wien statt. Es begann mehr als holprig. Von Hannes Hofbauer.

“Abgesagt”, vermerkt der diensthabende Wachposten der Österreichischen Landesverteidigungsakademie trocken und schickt den Teilnehmer der Valdai-Konferenz wieder auf die Straße hinaus. Die Türen zum angekündigten Konferenzort in der Wiener Stiftskaserne bleiben verschlossen. Nur wenige Stunden zuvor hatte das österreichische Verteidigungsministerium seine Zusammenarbeit mit den Organisatoren des russischen Diskussionsklubs aufgekündigt. “So etwas ist uns noch nie passiert”, meint Andrej Bistritskij vom Valdai-Klub später im Ausweichquartier des “Grand Hotel” am Wiener Ring und schüttelt verständnislos den Kopf. Der Hinauswurf der hochrangig besetzten Runde, zu der unter anderem auch der russische Vizeaußenminister Alexander Gruschko gehört, mag etwas mit den innenpolitischen Turbulenzen in Österreich zu tun haben, die in diesen Tagen schnurstracks in eine Staatskrise führen, von russischer Seite wird er allerdings als internationaler Affront interpretiert, den es so nicht bedurft hätte.

Fjodor Lukjanow, langjähriger Journalist und einer der besten Kenner der russischen Außenpolitik, erinnert in seiner Anmoderation daran, dass sich ziemlich genau vor 100 Jahren hier in Wien ein Mann auf die Revolution in Russland vorbereitet hat, es war “der Herr Bronstein aus dem Café Central”, besser bekannt als Leo Trotzki. Auch heute wieder, so Lukjanow, leben wir in turbulenten Zeiten und die Welt steht am Scheideweg. “Gemeinsam oder Me first” lautet dementsprechend das Motto der Valdai-Konferenz, die darüber diskutiert, wie es in Zukunft mit der multilateralen Diplomatie aussehen und ob es eine solche noch geben wird.

Den Anfang macht Thomas Greminger, seines Zeichens Generalsekretär der OSZE und Schweizer Diplomat. Optimismus kann und will er nicht verstreuen. “Wir beobachten ein starkes Ansteigen des Misstrauens”, meint er, “gegenüber Regierungen, multilateralen Institutionen und auch gegenüber Medien”. Die Ursache dafür sieht Greminger in ungelösten Problemen wie der Migration, steigernder internationaler Gewaltbereitschaft und einer “Me first”-Haltung, die in die obersten politischen Ränge Einzug gehalten habe. Die Hauptverursacher der weltpolitischen Schieflage nennt er, ganz Diplomat, nicht beim Namen.

Der stellvertretende russische Außenminister Alexander Gruschko ist da schon wesentlich direkter. Sein Referat gerät zur großen Anklage gegen Washington und insbesondere das Pentagon. Kriege und Sanktionen sind keine Mittel,

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John Williams: “The Fed Will Crash Markets & The Dollar”

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28-01-19 03:34:00,

Via Greg Hunter’s USAWatchdog.com,

Economist John Williams warns the Federal Reserve has painted itself into a very tight no-win corner.

No matter what the Fed does with rates it’s going to be a disaster. Williams explains, “You had some very heavy selling towards the end of the year and when you saw the big declines in the stock market you also saw that accompanied by a falling dollar and rising gold prices.”

“That was foreign capital which was significant fleeing our markets. So if the Fed continues to raise interest rates, and they want to do and they still don’t have rates where they want them, it’s going to intensify the economic downturn. That’s going to hit the stock market. If they stop raising rates . . . and they have to go back to some sort of quantitative easing, that’s going to hit the dollar hard. Foreign investors are going to say the dollar is going to get weaker and let’s get out of the dollar. Then, you are going to see heavy selling in the stock market.

So either way they go, they created a conundrum for themselves because of the way they bailed out the banking system (in 2008-2009). At this point they don’t have an easy way out of this.”

Williams says the U.S. is already entering into a recession. Williams contends,

“The first quarter, which is the quarter we are in right now, the first quarter of 2019 likely will be in contraction partially due to the government shutdown. That is slowing the economy on top of the interest rate hikes, but the cause of the recession here is not the government shutdown. It’s the Fed hiking rates…

…the fundamental driving factor that was putting us into recession even before the government shutdown was the rapid rise in interest rates.”

Williams says that in the first and second quarters of 2019 do not look good.

“I think we will have back to back contractions that will give you a formal recession…Even if we did not have the government shutdown I think we would have back to back negative quarters in the first and second quarter.”

Williams also warns,

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Will Fed Engineer Next Crash to Topple Trump? | New Eastern Outlook

Will Fed Engineer Next Crash to Topple Trump? | New Eastern Outlook

25-09-18 09:53:00,

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For those who follow major financial markets closely, the warning signs of the next major US financial market Tsunami are gaining more frequency daily. Some weeks ago attention was on so-called Emerging Markets, especially Turkey, Argentina, Indonesia, India or Mexico. What is rarely mentioned in the mainstream media is the relation of those events to the deliberate withdrawal of dollars from the global financial system by the “creator” of dollars, the US Federal Reserve. Now that process threatens to detonate a dramatic fall in not only US stocks but also in high-risk junk bonds, in US real estate debt, auto debt, credit card debt. The Trump hopes for continued economic success into the 2020 elections or even into the November mid-term elections may be smashed by the will of the Fed.

The interesting fact little-discussed outside professional financial circles is the fact that every major financial panic or crash since at least the Panic of 1893 in the USA has been orchestrated to the advantage of a dominant faction in finance at the expense of rivals. This was the case with the crash of 1907 where the “Federal Reserve” of that time, the faction in Wall Street around J.P. Morgan, triggered a panic to gain certain advantage over troublesome competitors. Since JP Morgan, the Rockefellers and banks of Wall Street manipulated the creation of the private Federal Reserve in 1913, it has been the Fed who engineers periodic market collapses after the same Fed policies created a speculative boom in assets previously.

The Great 1929 Crash on Wall Street was deliberately caused by Fed interest rate policies tied to pressure from Bank of England’s Montagu Norman after 1927 to lower US interest rates to encourage flow of gold into London. When US rates created a dangerous stock market bubble, the Fed moved rates higher in 1929 and burst the bubble, triggering the Great Crash and Great Depression. In the 1990s the Greenspan Fed deliberately encouraged another Wall Street speculative bubble known as the Dot.com bubble, as the Fed chairman gave speeches praising the “new economy,” and feeding a stock bubble with lowered interest rates before raising them again and popping the bubble in March 2000. After the dot.com crash the same Greenspan dramatically lowered rates again to a mere 1% in 2003,

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On 10th Anniversary of Crash, Warren Says: Break Up the Banks, Jail the Bankers

On 10th Anniversary of Crash, Warren Says: Break Up the Banks, Jail the Bankers

15-09-18 07:09:00,

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With Saturday marking the tenth anniversary of the collapse of Lehman Brothers and the start of the worst financial meltdown since the Great Depression, Sen. Elizabeth Warren (D-Mass.) declared Thursday night that the only way to avoid another crisis is to break up the Wall Street banks that caused it and hold wealthy executives accountable for their crimes.

“Oh, yeah. Give me a chance,” Warren said when asked by Andrew Sorkin of the New York Times if she still supports breaking up big banks, many of which are far larger than they were before the 2008 crash.

“We have got to change the rules,” Warren declared, highlighting her effort to implement a 21st century Glass-Steagall Act to separate commercial and investment banking. “This Congress rolling back regulations on the biggest financial institutions, rolling back regulations on Wall Street, this is absolutely the wrong direction for us to go.”

Asked if the United States is prepared for another crisis—which a bipartisan deregulatory measure passed in March makes far more likely—Warren responded: “No, not even close.”

In addition to pushing for stronger safeguards against big bank speculation, Warren also argued in a tweet on Thursday that “we need to start holding Wall Street executives accountable” if we are to avoid another crash.

Far from being held accountable for their actions, former Lehman Brothers executives and staffers are reportedly holding a ritzy tenth anniversary get-together on Saturday to celebrate the anniversary of their firm’s collapse.

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“I introduced the Ending Too Big to Jail Act to force law-breaking bankers to trade in their pinstripe suits for orange jumpsuits,” Warren said,

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