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Page added on February 14, 2018
City of London financiers contemplate “imminent” 2018 US stock market crash of up to “50%”
Coming dramatic decline of US stock prices would trigger global recession, finds grim forecast to be explored at roundtable hosted by British financial services think-tank
Published as part of the launch of the new beta platform for INSURGE intelligence, a crowdfunded journalism platform for people and planet.
A new analysis published on the website of a London-based think-tank, funded by the world’s biggest banking and financial services institutions, warns that the US stock market is on the brink of an imminent crash that could trigger another global recession.
The document by a senior US economist and former Houblon-Norman Fellow at the Bank of England is published on the website of the Centre for the Study of Financial Innovation (CSFI), which runs around 100 roundtable events a year involving financial services insiders from the UK and beyond.
The document forecasts that in 2018, US stock prices are likely to plummet by as much as “forty to fifty percent” — compared to the less than five percent plunge in early February. The document was published weeks before the recent stock market volatility.
The warning of a forty to fifty percent drop points to the prospect of a global financial crash worse than the 2008 banking collapse.
It comes at a time when the Federal Reserve, Bank of England and other authorities are looking to tighten up their cheap money policies, as economic growth is at its highest levels since the 2008 slump.
The new analysis is an ‘open letter’ by US economist Robert Aliber, Professor Emeritus at the University of Chicago Booth School of Business, a world renowned authority in identifying the source of shocks behind over forty banking crises that have occurred since the 1970s.
The ‘open letter’, dated January 21st 2018, is published on CSFI’s website at this link http://www.csfi.org/s/QUARTERLYJAN12018.docx, and mentioned in an announcement of a forthcoming breakfast conversation with Professor Aliber in late February.
In the event announcement, CSFI director Andrew Hilton explains that Aliber is:
“… deeply gloomy about the outlook for global markets — and recently sent us an open letter (here) dated January 21, in which he predicted a fairly imminent decline in US stock prices of ‘forty to fifty percent’. That is even gloomier than his message five months ago — when he also told us that he had shifted his own personal holdings into cash in anticipation of a market bust. I am delighted (though apprehensive) that Bob has agreed to speak again — against a backdrop of ever-advancing Armageddon.”
Professor Aliber’s analysis is not officially endorsed by the CSFI. However, the institution clearly took his ‘open letter’ seriously enough that it saw fit to host a discussion around his forecast. He is due to speak at the CSFI on February 22nd.
CSFI’s programme coordinator, Angus Young, told me that:
“Prof Aliber is a respected economist, who kindly spoke at an event for us last year. He is visiting the UK this spring, and shared his open letter with us, on the back of which we agreed to coordinate a discussion of the argument laid out.”
CSFI’s supporters include around 80 financial services institutions including Barclays, Citigroup, City of London, HSBC, JP Morgan, the Bank of England, Bank of Italy, Bank of Japan, Lloyds Banking Group, the Financial Conduct Authority, UBS, the Swiss embassy in the UK, HM Treasury, among others.
In his ‘open letter’ Professor Robert Aliber notes that while the US and other major economies are performing on “nine cylinders” with numerous positive indicators from growth, employment, and investment, the global economy suffers from a “catalog of non-sustainable imbalances.”
AXIOM: The global economy suffers from a catalog of non-sustainable imbalances that have been sustained on the basis of a massive expansion of credit, fueling a rising debt overhang that is now worse than pre-2008 crash levels.
He argues that the belief in a continuing global economic boom for 2018 relies on hopes that these imbalances will not unravel. They encompass, he writes, “international payments imbalances, fiscal imbalances, misalignment of the prices of securities and real estate relative to their incomes”.
He warns that in 2018 the US stock market is due for a forty to fifty percent price crash, driven by a decline in the demand for US dollar-denominated securities:
“The prospect is that the decline in the demand for US dollar securities will lead to a decline in US stock prices, much as 1986 and 1987, or as in 2000, or as in 2006/7. How far will stock prices decline? The inference from the three previous dollar cycles is forty to fifty percent.”
INSIGHT: Past global financial crises suggest that in or shortly after 2018, a market ‘correction’ resulting in stock prices plummeting by 40–50% is to be expected. If this transpires, it would trigger a global financial crisis.
Aliber bases his forecast for 2018 on analyzing previous banking crises. Since the 1980s, there have been four waves of financial crisis sweeping across a total of sixty countries. Each wave of crisis has been enabled by a massive expansion of debt, which eventually becomes unsustainable. As the supply of credit (and thus debt) contracts, this creates a market ‘correction’ in the form of a recession:
“Each of these waves was preceded by a surge in cross border investment inflows and in the domestic supply of credit… Each of the banking crises since the early 1980s has resulted from a slowdown in the growth of credit, often prompted by move toward a more contractive monetary policy — a ‘correction’ of a non-sustainable imbalance. The borrowers had become dependent on the inflow of credit and could not readily adjust to the decline in supply.”
Such a decline in stock prices is a typical signifier of an incoming recession:
“The surges in stock prices in each decade have been domestic adjustments to the increase in cross border investment inflows; when these inflows slow significantly, stock prices decline. The declines in the first and second cycles were followed by modest recessions, a massive recession followed the decline at the end of the third cycle.”
One indicator that stock prices are heavily over-valued is that despite headline growth figures, productivity growth rates remain tepid, while US consumer savings are low. Unfortunately, Robert Aliber himself could not be reached for comment for this story.
Apart from anything else, the prospect of an imminent global financial crash in or shortly after 2018 demonstrates that the deep-seated structural failures behind the 2008 financial crash have never truly been resolved.
Moreover, if Aliber’s analysis is correct, it is less a matter of ‘if’, as opposed to ‘when.’
ACTION: The creeping resurgence of global financial instabilities underscores the unsustainability of the prevailing neoliberal economic model. New alternative economic models should be explored and disseminated as widely as possible.
149 Comments on "City of London financiers contemplate “imminent” 2018 US stock market crash of up to “50%”"
Cloggie on Thu, 15th Feb 2018 9:18 pm
You missed the sarcasm in my post, millimind, where I predicted that the existing weapons supplies will be used AGAINST the government in CW2 to help break up the country, the openly stated goal of the alt-right/white nationalists.
Keep dreaming of world government, you commie fool, while the country will drawn from under your feet like a rug.
MASTERMIND on Thu, 15th Feb 2018 9:22 pm
The only way I see to avoid a collapse would be to create a one world government. Redistribute the wealth across the entire planet. And put in strict population controls and resource consumption controls.
makati1 on Thu, 15th Feb 2018 9:29 pm
onlooker, nice temps for NY in February! It is sunny and 89F here at 11:30AM. Lots of fireworks last night. My last New Years in the city.
MASTERMIND on Thu, 15th Feb 2018 9:41 pm
Madkat
You are full of shit there were no fireworks. Your people are way too fucking poor to afford them..Stop making up lies to make your shit hole slum ridden country sound like America..Its not and it never will be..
Boat on Thu, 15th Feb 2018 9:44 pm
greggiet
Another ruling from a different court blocked Trumps attempt to ban immigration on a handful of Muslim countries. Now off to the Supreme Court.
Boat on Thu, 15th Feb 2018 9:54 pm
Clog
Think I will buy more ammo now that you mention it. Lol the Trump effect. Trump did a great job driving clicks to the porn sites. Stormy Daniels claims she was paid $130,000 by Trumps lawyer for an affair in 2011 with Trump. The lawyer admitted to the payment. Oops We will a lot more about this.
makati1 on Thu, 15th Feb 2018 9:55 pm
https://video.search.yahoo.com/search/video?fr=mcafee&p=Videos+of+fireworks+over+Manila+on+New+Years+Eve#id=7&vid=51872adb93a604616ddfa468e1074045&action=click
Nuff said.
makati1 on Thu, 15th Feb 2018 9:57 pm
Or: https://www.youtube.com/watch?v=_N5aGINMjgY
LMAO
GregT on Thu, 15th Feb 2018 9:59 pm
“Stop making up lies to make your shit hole slum ridden country sound like America..Its not and it never will be..”
The Fourth of July, made in China
Jul 3, 2017
How Chinese manufacturers profit off fireworks, grills, and flag sales
“The American Pyrotechnics Association reported in 2013 that 93 percent of fireworks used in the United States are made in China.”
“A Census Bureau report published on Friday suggests Americans imported more than $300 million worth of fireworks last year (96 percent of which came from China)”
“America still imports $5.4 million worth of its own banner, with the vast majority of these imported flags ($5.3 million) coming from China.”
https://www.vox.com/policy-and-politics/2017/7/3/15915266/fourth-of-july-made-in-china
MASTERMIND on Thu, 15th Feb 2018 10:27 pm
Madkat
Did you president shoot any more woman in their crotches? What a disgusting monster..He is going to shove your ass in a hard labor camp when the worlds financial system goes down.
Boat on Thu, 15th Feb 2018 10:36 pm
According to a recent study, retards are 100x more likely to shoot themselves with there own guns than those that are merely stupid and inept.
What is your address of your trailer-park boatietard? Ill send you a box of…. how do…..dumb-dumb rounds sound? Free. As many as you need.
MASTERMIND on Thu, 15th Feb 2018 11:21 pm
Madkat
Your you tube video was from 2017! LOL oops looks like you are busted lying again!
makati1 on Thu, 15th Feb 2018 11:53 pm
Ah, but it is EVERY New Years in the 10 years I have sen them. They start about 11PM and go to around 1AM. Many millions of explosions each year. If you snap a pic, there are hundreds every second. In this vid, you only see about half of the city.
https://video.search.yahoo.com/search/video?fr=mcafee&p=Fireworks+over+Manila+on+New+Years+2018.#id=1&vid=bccd469eda6d16358125e4e5da849931&action=click
makati1 on Fri, 16th Feb 2018 12:05 am
No lie, just another example. The above is 2018. Same number of fireworks. Same time length. The city smells of gun powder in the AM. They know how to party here. I never saw that many fireworks in one place in any US city. Americans are too poor in money and spirit.
Cloggie on Fri, 16th Feb 2018 12:05 am
You are full of shit there were no fireworks. Your people are way too fucking poor to afford them..Stop making up lies to make your shit hole slum ridden country sound like America..Its not and it never will be..
https://www.youtube.com/watch?v=317m4GmZ_rM
https://www.youtube.com/watch?v=V9kexWmrKEA
If you were an academic, millimind, you would not have made a statement that can be refuted in less than 60 secs work.
You’re a pathetic antifa clown, who is posting from under a bridge, with a stolen iPhone, hitchhiking on the wifi signal of a nearby MacDonalds.
MASTERMIND on Fri, 16th Feb 2018 1:17 am
Madkat
Children swim in garbage in your country..Your president shoots woman in their privates…You are insane if you think you will survive the collapse their..Madkat who donates the most money to charity worldwide? Oh America thats who!
Davy on Fri, 16th Feb 2018 1:18 am
“No lie, just another example. The above is 2018. Same number of fireworks. Same time length. The city smells of gun powder in the AM. They know how to party here. I never saw that many fireworks in one place in any US city. Americans are too poor in money and spirit.”
I am not impressed at all. The same is true when I see fireworks in the US. It is a huge source of population from Asia both with the fireworks there set off “partying” and what the manufacture going to the west. This is another example of your double talk.
Look at this unneeded migration in China and think of all the CO2 it is unleashing:
https://tinyurl.com/yaf6xsza
billy, you can’t whine about how bad the US is then brag about this shit.
MASTERMIND on Fri, 16th Feb 2018 1:18 am
CLogg
You obviously are not educated and it shows! Only a retard would believe in solar and wind!
MASTERMIND on Fri, 16th Feb 2018 1:21 am
Peer Reviewed Study: Society Could Collapse In A Decade, Predicts Math Historian (Turchin, 2010)
https://www.nature.com/articles/463608a
NASA Peer Reviewed Study: Industrial Civilization is Headed for Irreversible Collapse (Motesharrei, 2014)
http://www.sciencedirect.com/science/article/pii/S0921800914000615
The Royal Society: Peer Reviewed Study, Now for the First Time A Global Collapse Appears Likely (Ehrlich, 2013)
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3574335/
Peer Reviewed Study: Limits to Growth was Right. Research Shows We’re Nearing Global Collapse (Turner, 2014)
http://sustainable.unimelb.edu.au/sites/default/files/docs/MSSI-ResearchPaper-4_Turner_2014.pdf
Peer Reviewed Study: Financial System Supply-Chain Cross-Contagion: Global Systemic Collapse (Korowicz, 2012)
http://www.feasta.org/wp-content/uploads/2012/06/Trade-Off1.pdf
Simple really….when the World Economy Collapses everything shuts down…the end… We’re talking about grids down all over the world and 7.5B people dropping like f*** flies in short order. The collapse will be absolutely horrible..There is no collapse or horror movie ever produced that has even come close to imagining what the collapse of BAU might look like. I’m talking about every corporation and every social program going bankrupt at once. I’m talking about people eating people. I’m talking about the Worst Catastrophe to ever happen in the history of mankind. Nothing has ever, or will ever come close….
MASTERMIND on Fri, 16th Feb 2018 1:22 am
The Dollar Spirals Down, Hits Lowest Point Since 2014
The US dollar has dropped 2.0% in the past five days, 2.4% over the past month, 4.1% year-to-date, 5.3% over the past three months, and 9.4 % over the past 12 months, according to the WSJ Dollar Index. At 82.47, the index is at the lowest level since December 25, 2014:
https://wolfstreet.com/2018/02/16/dollar-index-sinks-lowest-since-2014-euro-gains/
makati1 on Fri, 16th Feb 2018 1:26 am
Cloggie, people see only what to see. MM is just another narrow-minded, brainwashed American who cannot imagine that most of what he gets as “news” is propaganda.
If he wants to see kids in dangerous situations:
“Shootings: Why Don’t Schools Have Better Security?”
https://mises.org/wire/shootings-why-dont-schools-have-better-security
“290 school shootings since 2013”
“17 school shootings in 45 days — Florida massacre is one of many tragedies in 2018”
https://www.cnbc.com/2018/02/14/florida-school-shooting-brings-yearly-tally-to-18-in-2018.html
Ah yes, kids are safe in the US. LMAO
Davy on Fri, 16th Feb 2018 1:43 am
“The odds of dying in a mass shooting remain amazingly small, as Healthline notes “The lifetime risk of dying in a mass shooting is around 1 in 110,154 — about the same chance of dying from a dog attack or legal execution.”
“Shootings: Why Don’t Schools Have Better Security?”
https://tinyurl.com/yc5fbqms
Anonymouse1 on Fri, 16th Feb 2018 2:53 am
Dumbass, your ‘school’s already resemble a cross between a costco, and a med-sec prison. No wonder your all so dumb, by the time they pat you down, search you for drugs, do your pledge allegiance to the corporate states of amerika and then park you in front of a TV so you can soak up some advertising, its pretty much time to go home.
Your ‘schools’ are the problem. They are designed to turn out paranoid retards. Mind you, you yourself exceptionalist haven’t seen the inside of a classroom since what..the 1950s?. Maybe things were a little different back then.
makati1 on Fri, 16th Feb 2018 4:34 am
Anon, I can tell you that the schools of the 50s were very good. (I graduated in 62′) It was before teacher’s unions and the bullshit began. Teachers wanted to teach because they liked the profession. Not because it was a long summer off, good pay, bennies, etc.
Then the government decided that it was not turning the kids into wage slaves and mindless bots so they started things like “No Child Left Behind” which basically means they teach to the slowest student and no one fails. Now we have “snowflakes” going to our dumbed down “colleges” and chaining themselves to debt for the rest of their lives. All signs of the collapse underway. The Great Leveling.
In my day the levels in high school were:
Academic – those likely to go on to college. (Out of our class of 95 students, one went to West Point, one to Annapolis, and about 15 others, including me, to various colleges and that was from a farm community.)
Business – for those who planned to work in offices.
General – Where the slowest minds learned skills like carpentry, metal work, etc..
And, you could easily fail and spend another year in the same grade with new kids. THAT was the 50s.
TheNationalist on Fri, 16th Feb 2018 6:18 am
When six or seven of the largest, (listed companies on share market), corporations are oil and automobile builders it’s pretty obvious whats coming.
Why else are all the old conservatives (wealthy) so aghast with what science is telling them these days?
Oh well, I’ll leave that one to our learned superiors in the upper echelons of power. After all what would us deplorables know about anything down here on the coalface.
GregT on Fri, 16th Feb 2018 6:59 am
“The odds of dying in a mass shooting remain amazingly small, as Healthline notes “The lifetime risk of dying in a mass shooting is around 1 in 110,154 — about the same chance of dying from a dog attack or legal execution.”
The chances of dying in a mass shooting should be ~zero in the first world. Talk about downplaying an extremely troubled society.
GregT on Fri, 16th Feb 2018 7:02 am
IMA, legal executions should also be ~zero in a first word society.
GregT on Fri, 16th Feb 2018 7:05 am
Come to think of it, so should dying from dog attacks be ~ zero.
joe on Fri, 16th Feb 2018 7:44 am
Weak dollar, 1% increase in interest rates priced in on 2 year bonds, and continued sluggish growth (despite the positive propaganda). The tax cut will of course pay for it all. Of course, the faster the US national debt rises, then obviously the faster inflation goes up, just not for plebs, they wont raise the price of corn or gas too much cause they don’t want you rioting in the streets. The equities bubble is trying to burst itself but there is literally nowhere for the money to go, not without deregulation of the housing market and allowing wages to rise again. Though we know what happened last time they did that plan.
The real credit bubble is of course totally invisible to most people (that’s part of the definition of a bubble), we have been bailing out crapitalism since 2008, the taper tantrum led to a massive (nod to greenspan) over exuberance in the equities market at a time when bonds hardly did a thing. With the prospect of a cheap dollar and higher rates, my guess is uncle Sam will be looking to expand that national debt by a few more trillion soon.
Don’t expect a recession any time soon. The Republicans are famous for their debt fueled booms and Dems for their tax hiked recoveries. Its yin and yang guys, both sides of the same bullshit.
makati1 on Fri, 16th Feb 2018 7:46 am
Greg, the enablers like Davy cannot defend his position with rational, moral facts. All he can do is try to deflect the accusations by pointing to something else. Typical method used by his masters. Ditto for MM.
Must be frustrating. I cannot imagine living in the Us today. Any gathering is subject to insanity/murder/terror. But then, what goes around, comes around and terror is now common in the US. It will only get worse as the economy collapse’.
MASTERMIND on Fri, 16th Feb 2018 8:53 am
Greg
Davy lives in one of the biggest gun nut job states! They just approved open carry their without any permits! They want to turn their state into the wild wild west!
MASTERMIND on Fri, 16th Feb 2018 9:06 am
We must destroy China and India and we will be okay! That is the only way forward because resources are running out fast!
Davy on Fri, 16th Feb 2018 9:18 am
Billy t all you have to do is read the article you posted for that info but of course you and your gang cherry pick only the bad news. Greggie is a gun hypocrite anyway. No one on this board is as armed to the teeth as greggie. Maybe that relates to his therapy sessions dealing with his repressed anger.
Sissyfuss on Fri, 16th Feb 2018 11:11 am
The ongoing trajedies befalling US educational facilities gives a whole new meaning to the term overshoot.
Anonymouse1 on Fri, 16th Feb 2018 11:44 am
You’re projecting again (still), dumbass. so you know, it doesn’t make you look ‘clever’ or ‘witty’ or anything like that.
It only reaffirms what a complete dumbass you are.
But a severely mentally disturbed dumbass, that happens to supports school massacres (ugh). Thats beyond sick exceptionalist, even by your ‘standards’.
Davy on Fri, 16th Feb 2018 12:50 pm
WEASEL
I would say more if you could struggle to get a coherent comment out that says anything. We know you can stalk and prick like your cousin greggie. How hard is that for a dumbass Canadian…
Anonymouse1 on Fri, 16th Feb 2018 1:33 pm
You struggle daily with severe mental and emotional issues, yet you refuse to seek help delusionist. Your endless tantrums and projecting your own issues and failures onto others are not helping you. Only competent ,professional help will do that. If such services even exist in your backwoods bayou.
And I suggest you stay well away from any schools. Not for your sake of course, but for the sake and well-being of others.
Davy on Fri, 16th Feb 2018 2:23 pm
Weasel, you remind me of a guy that tells little dick jokes because he has a little one. You stupid Canadians are
constantly talking about mental health because so many of you are checked into a shrink.
makati1 on Fri, 16th Feb 2018 6:22 pm
“When you think about America, what do you see? A society falling apart at the seams. A government unable to represent anyone but the rich and powerful. A government in thrall to powerful interests such as the military/security complex, which requires endless wars of aggression and a police state domestically to suppress dissent from the wars; a government whose economic policy is in thrall to Wall Street and which has created enormous amounts of money pumped into stock prices in the guise of “helping the economy.” Only equity owners have been helped. The distribution of income and wealth in the US is now worse than in many gangster states, according to the CIA itself.”
https://www.theburningplatform.com/2018/02/16/the-metoo-movement-will-produce-victims-of-its-own/#more-170739
Third world Amerika. Slip slidin’…
Davy on Fri, 16th Feb 2018 7:38 pm
billy 3rd world. He is already slipped down.
“Beneath the poverty line: Horrific pictures of Filipino children sifting through rivers of rubbish in desperate bid to find something to sell”
https://tinyurl.com/zjqs9cj
TheNationalist on Fri, 16th Feb 2018 8:38 pm
Logically the odds of a dog attack or someone shooting you will never be zero. I see this mentality all the time as a pilot (phobias and irrational human behaviour in the face of reality which they ignore most of the time). Safety is realtive and what some people can deal with others will NEVER be able to. If I tell people we are on a planet spinning at 1000mph sitting on top of fragile and ever changing molten rocks that can go at any moment so safety is a relative think they feel worse (it’s true though).
I’m sorry Greg but if people aren’t happy and think they know better than the people around them then they have to move somewhere different. I’m no firearms fan or American but America was built on them and they do protect the vast majority and they do make governments and militaries think twice. I believe these issues are separate but for some reason people can not deal with reality and conflate the two for political reasons.
Home schooling is better for the little shits anyway, I’m surprised it doesn’t happen more often (half of kids hate school surely).
TheNationalist on Fri, 16th Feb 2018 8:47 pm
What I am saying is : I don’t think old farmer bob who has never committed a crime in his life and owns a rifle has anything to do with why little Billy on a psychotropic drug prescription is shooting his classmates.
Don’t forget the reality too: Despite all the mind fuck propaganda the vast majority of people can not and will never be cold blooded killers (even in the army many shoot to miss when they can) against a weak opponent etc.
Meanwhile here in Australia our housing bubble slowly inflated a bit more and our share market wobbled like fuck last week….. Oh the joy!…..
TheNationalist on Fri, 16th Feb 2018 8:56 pm
The biggest tragedy in American schooling is not the very rare shootings.
It’s all the affirmative action horseshit/every kid gets a prize mentality. The lowering education standards will be a far bigger problem in the future. The shooting pale into insignificance when you see all the budget in that country is spent on the military (more spent on defence in a year than NASA has recieved since the 1950’s!!!)
MASTERMIND on Fri, 16th Feb 2018 9:22 pm
Natioanlist
I know why does every child get a prize. Why cant they all beat each other to death in a last man standing ruthless competition. You are a pathetic loser! Get a fucking life you loser and stop being a fucking imbecile nationalist.
Theedrich on Fri, 16th Feb 2018 9:47 pm
U.S. warmongers cannot face facts. America can no longer “kick anybody’s rear end.” Inter alia, the entire project of the “New American Century” has ground to an agonizing, complete stop. More than that, it is now being driven back, despite claims from the Jew-laden Council on Foreign Relations and its Sörös-friendly worshippers.
This is the real reason why the Pentagon, CIA, NSA and other musclebound actors in the government are hyperventilating over North Korea. It is not that NoKo is about to attack the U.S., which would obviously be suicidal for the North. It is that the U.S. cannot attack NoKo.
We are entering a stage of intensifying existential risk. Ever since the explosion of the Trinity device in New Mexico in 1945, the United States has maintained a covert threat of FIRST STRIKE WITH NUCLEAR WEAPONS against target nations, while keeping this policy secret from the American population. The threat was first used (through India as interlocutor) in 1953 by mega-murderer Dwight D. Eisenhower against China to “persuade” the Red Chinese and NoKo to agree to end the Korean War. Ever since then the tactic has been used implicitly or explicitly against many nations in our crosshairs.
But the gradual spread of nuclear know-how has had two effects: increasing restraints on American belligerence toward formerly defenseless nations (e.g., China, now North Korea); and the concomitant growth in the risk of thermonuclear war. Besides the near-catastrophe during the Cuban missile crisis, there is the harrowing but little-known near miss of 1983 September 26. On that day, there occurred an improbable and bizarre constellation of a malfunctioning new Soviet computer system, a rare alignment of sunlight on high-altitude clouds above North Dakota and its missile silos, and the orbits of the Mólniya (мо́льния, “lightning”) satellites. The Soviet system at the О́ко (“Eye”) nuclear early-warning command center misinterpreted this constellation and signaled that a nuclear attack was being launched from America. The officer on duty at the center was Lieutenant Colonel Stanisláv Yevgráfovich Petróv (Станисла́в Евгра́фович Петро́в — recently deceased). He deemed the alert to be a false alarm and, against Soviet military protocol, disobeyed orders to launch a counterattack on the U.S. and its allies, thereby saving the world from Ragnarök. The world came within a hair’s breadth of ending on that day.
Then we have the weird false alarm of a nuclear missile inbound for Hawaii on Saturday, 2018 January 13. (Who knows what would have happened had a similar, believable but false alarm been announced in the White House?) Incredibly, the Hawaiian event was followed two days later in Japan by a broadcaster’s false alert of an incoming North Korean missile. And these are only the booboos that we know about. The government does not want us to know about other, perhaps even worse missteps for fear of “unsettling” the mushrooms in the hinterlands so that they might vote the demigods out of office.
But the people’s government continues to use military threats, including one of a so-called “bloody-nose” attack on Pyongyang to decapitate its government. The plan is the same as the one used against Japan in 1941: to make that government so nervous that it will miscalculate and try to launch some sort of sneak attack on America or its allies; Washington could then, as with Japan, use that “surprise” to justify producing a mushroom cloud or two over the Northerners (with “small” nukes, of course). Brinksmanship is fun, in the view of the Swamplings.
Nor is nuclear genocide the only arrow in the Imperial quiver. For example, completely apart from the bluster of Goliath against minimouse Kim Jong-Un, Yankeeland has squandered $7 trillion on vain attempts to control Allahland, yet has only a vast landscape of blood-soaked chaos with blind and burning hatred to show for it. Among other deranged consequences, Afghanistan is now a hell from which our troops will never emerge. Interestingly, where the U.S. originally supported and used the Taliban in that land as tools to eject the Russians thence in the 1980s, the Russians are now stealthily returning the favor.
Domestically, in order to keep the Imperial carousel spinning, our stalemated political system keeps mortgaging the nation’s future beyond bankruptcy. This is aside from the fact that the Chosenite-run media (i.e., BigYids Jeff Bezos, Sörös, et al.) are pulling out all the stops in trying to provoke a war with Russia. Whenever President Trump tries to address the Russians politely and hospitably, the Demonic Party attacks him viciously. For instance, while using the FBI to indict 13 Russian nationals (Friday, 2018 Feb 16) for mirroring NSA subterfuges against their fatherland (оте́чество), and orating loudly about Putin’s attempt, through U.S.-based internet social media and networking services (e.g., Facebook, &c.), to subvert our “democracy,” the media and Dems are mysteriously silent about Washington’s own, decades-long push to subvert Russia. Even more, they maintain a sepulchral silence about the far more influential, countless illegal aliens who voted illegally against Trump and for Mrs. Bribery-Queen in the 2016 presidential election. Also, recruited to the train of Leftist Russophobes are anti-male feminists, anti-White Negroes and similarly disposed, other non-Caucasians, White genosuicidists of every stripe, various whores, and even an aging porn actress, to say nothing of assorted useful academic idiots. The only common element in it all is hatred of White America, of whose symbol Trump is seen as the incarnation.
The executive branch, and thereby the country, is being destabilized by the Left and its puppets. Added to this worsening impasse is the growing menace of global cyber war and cyber crime. Not just Russia or China, but small countries, non-state actors and even various Strangelovian individuals are joining the fray.
Thus, when the high magistrates of the Imperium announce grandiose projects like the one ominously described in their latest, planet-threatening Nuclear Posture Review, they are unknowingly but in reality revealing the true future of the “indispensable nation”: a dead end.
makati1 on Fri, 16th Feb 2018 10:40 pm
“… the true future of the “indispensable nation”: a dead end.”
Totally agree with all of it Theedrich. If you can stand outside the box, the truth is obvious. If I was trapped in the Amerikan gulag, I would probably be popping drugs too. But I am 8,000 miles away, watching the show.
MASTERMIND on Fri, 16th Feb 2018 10:55 pm
Theedrich
That was the most insane word salad I have ever seen..You are one mentally deranged person. I bet you are the life of every party and family get together!
MASTERMIND on Fri, 16th Feb 2018 11:45 pm
Madkat
If you think the US is going down without a fight you are a fucking fool! We will not go quietly into the night! I hope we nuke your chinky eyed bastards in China and Russia back to the stone ages! Live free or die! Sucka!
GregT on Sat, 17th Feb 2018 12:06 am
“Totally agree with all of it Theedrich.”
As do I. Brilliant comment Theedrich.
GregT on Sat, 17th Feb 2018 12:20 am
“If you think the US is going down without a fight you are a fucking fool!”
If the USZOG keeps pushing for a fight, that fight will be fought on US soil MM.