Central bank prophet fears QE warfare pushing world financial system out of control

Bank Burn
January 2015 FINANCIAL - The economic prophet who foresaw the Lehman crisis with uncanny accuracy is even more worried about the world’s financial system going into 2015. Beggar-thy-neighbor devaluations are spreading to every region. All the major central banks are stoking asset bubbles deliberately to put off the day of reckoning. This time emerging markets have been drawn into the quagmire as well, corrupted by the leakage from quantitative easing (QE) in the West. “We are in a world that is dangerously unanchored,” said William White, the Swiss-based chairman of the OECD’s Review Committee. “We’re seeing true currency wars and everybody is doing it, and I have no idea where this is going to end.” Mr. White is a former chief economist to the Bank for International Settlements – the bank of central banks – and currently an advisor to German Chancellor Angela Merkel.
He said the global elastic has been stretched even further than it was in 2008 on the eve of the Great Recession. The excesses have reached almost every corner of the globe, and combined public/private debt is 20pc of GDP higher today. “We are holding a tiger by the tail,” he said. He warned that QE in Europe is doomed to failure at this late stage and may instead draw the region into deeper difficulties. “Sovereign bond yields haven’t been so low since the ‘Black Plague’ how much more bang can you get for your buck?” he told The Telegraph before the World Economic Forum in Davos. “QE is not going to help at all. Europe has far greater reliance than the US on small and medium-sized companies (SMEs) and they get their money from banks, not from the bond market,” he said. “Even after the stress tests the banks are still in ‘hunkering down mode.’ They are not lending to small firms for a variety of reasons. The interest rate differential is still going up,” he said.
The warnings come just as the European Central Bank prepares a blitz of bond purchases at a crucial meeting on Thursday. Most ECB-watchers expect QE of around €500bn now that the eurozone is already in deflation. Even the Bundesbank is struggling to come with fresh reasons to oppose it. The psychological potency of this largesse will depend on whether the ECB opts for shock-and-awe concentration or trickles out the stimulus slowly. It also depends on the exact mechanism used to conduct QE, a loose term at best. ECB president Mario Draghi hopes that bond purchases will push money out into the broader economy through a “wealth effect,” but critics fear this will be worse than useless if it leads to an asset bubble without gaining traction on the real economy. Classic moneratists say the ECB may end up spinning its wheels should it merely try to expand the money base. Mr. White said QE is a disguised form of competitive devaluation. “The Japanese are now doing it as well but nobody can complain because the US started it,” he said. “There is a significant risk that this is going to end badly because the Bank of Japan is funding 40pc of all government spending. This could end in high inflation, perhaps even hyperinflation.” –Telegraph
Posted in Age of Decadence, Apathy, Anger, Mistrust, Disillusionment, Austerity, Bank Run, Banking Crisis, Bankruptcy, Boom and Bust Cycles, Class Division, Currency - Economic warfare, Economic Collapse, Fiat Money Printing Fiasco, Financial market turmoil, Greed and Corruption, Hoarding Resources, Political Corruption, Social Meltdown, Squandered Resources, Struggle for Survival, The Pyramid Model, Troubled Banks, Unemployment rising, Unsustainable Debt Burden, Widening gap between rich and poor | Leave a comment

2015: More chaos in the Middle East, coup in Yemen, violence in Tel Aviv – will this be the year the region explodes?

January 2015SANA, YemenHouthi rebel militiamen seized control of the palace of Yemen’s president and clashed with guards outside his residence on Tuesday in an escalation of the violent crisis that has gripped the capital for days, raising fears of a coup in one of the Arab world’s most impoverished and insecure states. The president, Abdu Rabbu Mansour Hadi, viewed by the United States as a crucial counterterrorism ally, was believed to be in the capital, but his exact whereabouts was unknown. He made no public statements as the fighting escalated, though Houthi leaders insisted that he was safe and in his home.
Later on Tuesday, the most senior Houthi leader, Abdel Malik al-Houthi, gave a televised speech indicating that the advances by his fighters were a warning to Mr. Hadi to accelerate political changes they have demanded, and not an attempt to depose him. But if the president does not respond, Mr. Houthi said, “all necessary measures will be open.” The mayhem that has convulsed Yemen, which left at least eight people dead on Monday in Sana, has also left citizens facing a leadership vacuum as the country is seized by crises, including spreading armed conflict and widespread hunger. The turmoil has been increasingly worrisome to American officials because Yemen is the base of Al Qaeda in the Arabian Peninsula, which has asserted responsibility for a number of attacks, most notably the deadly assault on the Charlie Hebdo newspaper in Paris this month.
While the Houthis oppose Al Qaeda, they have vowed to curb American influence on Yemen’s government, which has cooperated for years with United States drone strikes against Qaeda leaders and their subordinates. The deterioration in Yemen preoccupied diplomats at the United Nations Security Council, which released a statement emphasizing that President Hadi was still the recognized authority. The statement “condemned the recourse to violence” and urged dialogue. The Houthi advance on Tuesday, and its leader’s ultimatum, cemented the group’s status as Yemen’s most powerful opposition movement. And Mr. Hadi, the steward of an internationally backed political transition plan, appeared more sidelined than ever. The Houthis’ rise  began in September, when Houthi fighters swept into Sana, seizing control of crucial government installations and vowing to force Mr. Hadi’s government to carry out political and economic reforms. The Houthi movement — which began as an activist group seeking greater rights for Yemen’s Zaydi Shiite minority and fought six wars against the central government — has consolidated its control in the capital and beyond. –NY Times
Palestinian stabs 11 in Tel Aviv: A Palestinian man stabbed 11 people on a Tel Aviv bus during the morning rush hour Wednesday before he was shot by corrections officers and taken into custody, officials said. Israeli Police spokesman Micky Rosenfeld posted a message on Twitter saying that authorities believe the incident is a terror attack. Eleven people were stabbed and three remain in critical condition, according to Lee Gat, a spokeswoman at Tel Hashomer hospital, and a statement from the Ichilov hospital. Rosenfeld said the suspect is a 23-year-old man from Tulkarem, located in the West Bank northeast of Tel Aviv. He said the man was being questioned by police and a heightened security presence was in effect in Israel’s second-largest city. The Times of Israel reported that the suspect was shot in the leg as he attempted to flee the scene.
Tel Aviv District Police Chief Bentzi Sau said that members of the Israel Prison Service were in a vehicle behind the bus and noticed it driving erratically. Sau said officers then jumped out of their vehicle and pursued the suspect when they saw him get off the bus. He added that the suspect had crossed into Israel illegally, but did not specify how. The stabbing is the latest in a type of “lone-wolf” attacks that have plagued Israel in recent months. About a dozen people have been killed in Palestinian attacks, including five people killed with guns and meat cleavers in a bloody assault on a Jerusalem synagogue. –Fox News
Posted in Anger, Arms Race, Civil Unrest, Conflict Among Nations, Education Failures, Escalating hostilities, Ethnic tensions, Flashpoint for war, Geopolitical Crisis, Gun violence, Hierarchal Control, Political Corruption, Political turmoil, Preparation for War, Religious War, Rumors of War, Squandered Resources, Terrorism threat, The Pyramid Model, Unemployment rising, Unsustainable Debt Burden, Violence | Leave a comment

High Tech World War: U.S. making plans for global cyber warfare – prepare for a day where nothing works

Cyber War
January 2015CYBER WARFAREThe Australian government is employing specialist surveillance officers to ready ourselves for the next generation of warfare, which will be fought with computers rather than guns. Working with the US, UK, Canada and New Zealand as part of the not-so-secret ‘Five Eyes’, the group has even bugged UN leaders Kofi Annan and weapons inspector Hans Blix. New leaks published by Spiegel, using information leaked from Edward Snowden, show how wars will be fought in cyberspace. And we’re not talking about a few stolen files or leaked movies, it will be the full take down of power plants, phone networks and transport systems. Five Eyes was originally an alliance between the US and the UK at the end of WW2 — an agreement to share intelligence. Australia, Canada and New Zealand joined the alliance in 1955, and since then intelligence data and facilities (such as Pine Gap in central Australia) have been shared between the nations.
In the 1970s the group was involved in the CIAs orchestration to overthrow Chile’s President Salvador Allende — something documents show Australia was heavily involved in. Since the September 11 attacks the capabilities of Five Eyes have been significantly increased, with the group spying on everyone from world leaders, to students on their Facebook accounts. A spokesperson from ASIO told news.com.au that the alliance was crucial in providing protection to Australia. “Responding effectively to the transnational nature of security threats demands international cooperation between security and intelligence agencies,” they said. Adding, “Effective liaison relationships with international partners have proved to be vital in protecting Australia from the threat posed by foreign fighters returning from conflicts in the Middle East.”
From the eyes of the military, mass digital surveillance of the internet is just “phase 0”. This mass surveillance includes anything from private Facebook messages, to internet browsing history and even what has been purchased online. The surveillance will apparently be used to detect vulnerabilities in enemy computer systems, to then infiltrate and gain permanent access. Once that is done, words like “dominate”, “control” and “destroy” get thrown around to describe what Five Eyes will do after a successful phase 0. –News.au
Posted in Civil Unrest, Conflict Among Nations, Cyber Attack, Economic Collapse, Escalating hostilities, Ethnic tensions, Financial market turmoil, Flashpoint for war, Infrastructure collapse, New World Order, Preparation for War, Protests, Rumors of War, Social Meltdown, Surveillance - Police State, Terrorism threat, The Pyramid Model | 1 Comment

Iran promises ‘lightning strikes’ against Israel and ‘the collapse of the Zionist regime’

Iran
January 2015TEHRANIran was caught with its pants down over the weekend when an Israeli missile barrage took out a convoy near the Golan Heights in Syria, carrying 6 Iranian agents, including a Revolutionary Guard General and 5 members of the terrorist group Hezb’allah. The Iranians threatened retaliation “in due time and place,’ Ali Shamkhani, the secretary of Iran’s Supreme National Security Council (SNSC), was quoted as saying. What were six Iranian nationals doing in Syria? The Israeli strike came just days after Hezbollah leader Hassan Nasrallah declared that the terror group was preparing for a war in Israel’s northern Galilee region. It also occurred just a week after Iranian military leaders announced that they are operating missile sites in Syria, which potentially include a nuclear facility. Senior Iranian and Hezbollah commanders were likely planning a sophisticated invasion of Israel’s northern border in the weeks before they were killed by an Israeli airstrike over the weekend, according to Major General Eyal Ben Reuven, the former deputy head of the Israeli Defense Forces Northern Command.
The accuracy of Israel’s strike and the high-level nature of those Iranian and Hezbollah commanders killed indicates planning for a militant incursion into Israel’s northern region, according to Reuven, who said the airstrike shows a “very high level of intelligence” on Israel’s part. The high-level nature of the Iranian and Hezbollah operatives targeted by Israel suggests that an attack on Israel was imminent, according to Reuven, who handled top intelligence in the region during his time serving in the IDF. “If the highest level of Hezbollah commanders were in the Golan Heights and the high level of Iranians, it means that their idea, [what] they’re planning could be a kind of operation, an act against Israel on a high level,” Reuven said during a conference call Monday organized by the Israel Project (TIP). “It’s significant, the high level of this meeting, of this reconnaissance of the Iranians and Hezbollah.”
“It says something about what they plan, what kind of operation they planned,” he added. “If Israel has intelligence that says there is a kind of operation on the way to act against Israel, I think Israel would have a legitimate [reason] to do all we can to prevent it.” The strike that killed these 11 militants was “very, very professional,” according to Reuven, and would require “very, very high level intelligence” and “very accurate” targeting information. Iran quickly confirmed that one of its top commanders had been killed in the strike, according to Farsi language reports. A military operation on the Israeli border could have been a carbon copy of Hezb’allah’s snatch-and-grab of 2 IDF soldiers in 2006 that precipitated the war with Hezb’allah.  Both soldiers died, and Hezb’allah exchanged their bodies for 4 terrorist prisoners. In truth, Hezb’allah could not mount a significant invasion of Israel.  Any action would be more like a raid on isolated outposts or vulnerable military vehicles.  What’s significant is that the presence of such a high-ranking Rev. Guard general meeting with the terrorists in Syria means the personal involvement of Iran’s Supreme Leader Ayatollah Khamenei.  Revolutionary Guard generals don’t go traipsing off to Syria without permission of the top man. –American Thinker
Iran vows lightning strikes against Israel: General Muhammad Ali Jafari, the commander of Iran’s Revolutionary Guards Corps, says Israel should anticipate “lethal lightning strikes” following the death of a senior IRGC general and other Iranian soldiers. The assassinations, Jafari says, are “the opening point of the collapse of the Zionist regime.” –Times of Israel
Posted in Conflict Among Nations, Escalating hostilities, Flashpoint for war, Geopolitical Crisis, Hierarchal Control, New World Order, Political turmoil, Preparation for War, Religious War, Resource War, Rumors of War, Terrorism threat, The Pyramid Model | 1 Comment

Iranian general killed with Hezbollah fighters in Israeli raid

January 2015DAMASCUSAn Israeli strike on Syria killed an Iranian general, Tehran confirmed Monday, as thousands of supporters of Lebanon’s Hezbollah gathered to bury one of six fighters killed in the same raid. The attack on Sunday near Quneitra on the Syrian-controlled side of the Golan Heights enraged Hezbollah’s supporters, but analysts said the group would avoid a major escalation with Israel. Iran’s elite Revolutionary Guards confirmed the death of one of their generals in a statement on their website. “General Mohammad Ali Allahdadi and a number of fighters and Islamic Resistance (Hezbollah) forces were attacked by the Zionist regime’s helicopters,’ it said. “This brave general and some members of Hezbollah were martyred.”
A source close to Hezbollah said six Iranians had been killed in the attack. Hezbollah told AFP that it was not the source of that toll. Among Hezbollah’s dead was Jihad Mughniyeh, the son of an assassinated commander from the group, and Mohammed Issa, a commander responsible for Hezbollah’s operations in Syria and Iraq. Once solely focused on fighting Israel, Hezbollah is now deeply involved in the war in neighboring Syria, where it backs President Bashar al-Assad.  ‘Resistance will decide response.’ With its forces spread thin, and little appetite in fragile Lebanon for a new conflict with Israel, analysts said Hezbollah would seek to respond to the raid without provoking a full-on war.
On Monday afternoon, thousands of mourners gathered in Hezbollah’s southern Beirut stronghold for Mughniyeh’s funeral. “God willing, the resistance will retaliate but the leadership of the resistance will be the one to decide the nature and timing,” said Hassana Sadaqa, as she prepared to pay her respects. Mourners chanted “Our party is Hezbollah, our leader is Nasrallah” as the coffin was carried through the streets and shots were fired into the air. Hezbollah’s Al-Manar television said the six were killed as they carried out reconnaissance. But an Israeli security source said an Israeli helicopter carried our a strike on “terrorists” who were preparing an attack on the Jewish state.
Lebanese media weighed the prospect of conflict, with the Al-Safir newspaper saying Hezbollah needed something “more than a reply and less than a war.” In Israel, analysts made the same calculation. “Hezbollah doesn’t want a full-fledged war,” said Yoram Schweitzer, a former Israeli military counterterrorism chief. “It has a number of possibilities to respond in different arenas. We assume that it currently does not want full contact,” he told AFP. Israel occupied parts of Lebanon for 22 years until 2000 and the two countries are still technically at war. In 2006, Israel fought a bloody war against Hezbollah that killed more than 1,200 people in Lebanon, mostly civilians, and some 160 Israelis, mostly soldiers. –Yahoo News
Posted in Conflict Among Nations, Escalating hostilities, Ethnic tensions, Flashpoint for war, Geopolitical Crisis, Hierarchal Control, Political turmoil, Preparation for War, Religious War, Rumors of War, Terrorism threat, The Pyramid Model | 1 Comment

The US economy is so bad… even lottery sales are collapsing

Gambling V
January 2015ECONOMYFor what appears to be the first time on record, Powerball Lottery Sales declined year-over-year. As the following slides show, lottery sales declined 19% in FY14 vs FY13 and even more stunningly reflective of a nation whose disposable income (and hope) is in such short supply, sales in the first half of FY15 are down 40% from the first of FY14. As LaFleurs concludes, this will make it very challenging for most Lotteries to manage their budgets… -Zero Hedge
Casinos going bust: ATLANTIC CITY (AP) — Atlantic City has lost nearly half its casino revenue over the past eight years as competition in nearby states cannibalized its market and drove four casinos out of business. Figures released Wednesday by the state’s Gaming Enforcement Division show the casinos took in $2.74 billion in 2014, down 48 percent from a high of $5.2 billion in 2006. The decline would have been greater without the $122 million that Internet gambling provided last year. Four of Atlantic City’s 12 casinos closed in 2014 — The Atlantic Club, Showboat, Revel and Trump Plaza. In 2014, Atlantic City’s casinos took in 4.5 percent less than they did in 2013. Excluding casinos that closed last year, the surviving eight gambling halls saw their revenue increase by nearly 8 percent, to $2.48 billion. –Press of Atlantic City
Las Vegas troubles: Caesars Entertainment Corp.’s largest unit is preparing to file for bankruptcy protection as soon as Thursday, the final gambit of a years long attempt to salvage a soured buyout. Caesars Entertainment Operating Co.’s Chapter 11 filing would launch the final stage of Apollo Global Management  LLC’s effort to save some of its $1.7 billion investment in the company, which it took private in 2008 with fellow buyout firm TPG. A Chapter 11 petition would follow months of contentious negotiations with creditors, a who’s who of Wall Street investors. The unit’s collection of casinos and hotels, including much of the Las Vegas Strip’s iconic Caesars Palace, is expected to operate normally as it works to persuade a judge to approve a restructuring plan that would transform it into a real-estate investment trust. –WSJ
Posted in Age of Decadence, Austerity, Banking Crisis, Bankruptcy, Boom and Bust Cycles, Disillusionment, Economic Collapse, Economic Hardship or Loss, Financial market turmoil, Greed and Corruption, Hierarchal Control, Hoarding Resources, Infrastructure collapse, Social Meltdown, Squandered Resources, Struggle for Survival, The Pyramid Model, Widening gap between rich and poor | 3 Comments

World War 3: Mikhail Gorbachev warns of a Russian nuclear war over Ukraine

January 2015UKRAINE Former Soviet leader Mikhail Gorbachev is warning that if the Ukraine crisis transforms into World War 3, then it may be unavoidable that Vladimir Putin may launch a Russian nuclear war. In a related report by the Inquisitr, when the U.S. Congress passed the Ukraine Freedom Support Act, it authorized President Obama to give Ukraine lethal aid and military support. Based upon the date of the signing of the law, the Obama administration has until February 16, 2015 to provide details for how this military action will be enacted. In addition, some predictions for 2015 claim a confrontation over Arctic oil, not the Ukraine crisis, could trigger World War 3. Vladimir Putin has also set the stage for a new World War by officially declaring that both NATO and the United States are the top threats to Russia. In an interview with the German news magazine Der Spiegel, Mikhail Gorbachev claimed the recent NATO expansion in response to the Ukraine crisis represented large change in direction for Western powers.
 “The expansion of the bloc in the east [of Europe] has destroyed the European security order which was written in the Helsinki Final Act of 1975,” Gorbachev claimed. “[NATO’s expansion is] a 180-degree turn drawing us away from the Paris Charter of 1990, which was made together with all European states to finally leave the Cold War in the past.” According to the United Nations, the Ukraine war has already injured 9,921 people and killed approximately 4,317. After the recent terrorist attacks in Paris, NATO is seeking a more cooperative and constructive relationship with Vladimir Putin’s government, but Gorbachev believes the Ukraine crisis could still lead to nuclear war.
“A war of this kind would unavoidably lead to a nuclear war. Anyway, declarations and propaganda from both sides make me fear the worst,” Gorbachev said. “We won’t survive the coming years if someone loses their nerve in this overheated situation. This is not something I’m saying thoughtlessly. I am extremely concerned.” The Obama administration has mostly responded Russian advances in Ukraine by imposing multiple rounds of economic sanctions against Russia. With the recent fall of oil prices, the value of the Russian currency has plummeted, and some believe Vladimir Putin could only afford to interfere in Ukraine when oil prices were higher. But Gorbachev believes that economic sanctions hurt the United States and Europe as much as Russia, and claims that excluding Russia from the G8 was wrong.
“It reminds me of blood revenge and leads nowhere. Sanctions are not the suitable instrument in case we want to save our model relations,” he said, calling for a “defrosting” of relations between the Russia and Western powers. He also condemned German politicians, saying, “During the Second World War, Germany tried to extend its sphere of influence eastwards. What other lessons do we need?” What do you think about Mikhail Gorbachev’s warning that a nuclear World War 3 could be triggered by events in Ukraine? –Inquisitr
Posted in Bankruptcy, Boom and Bust Cycles, Civil Unrest, Class Division, Conflict Among Nations, Economic Collapse, Escalating hostilities, Financial market turmoil, Flashpoint for war, Geopolitical Crisis, Hierarchal Control, Political Corruption, Political turmoil, Preparation for War, Resource War, Rumors of War, Social Meltdown, Struggle for Survival, Surveillance - Police State, The Pyramid Model, Unemployment rising, Unsustainable Debt Burden | 2 Comments

Russia appeals for calm as crisis forces it to cut budget

Sanctions
January 2015RUSSIARussian government officials appealed for calm on Wednesday after predicting budget cuts and a further surge in inflation as the country faces its worst economic downturn in 15 years. With the currency and economy wilting under the twin blows of Western sanctions and a fall in the price of oil exports, Finance Minister Anton Siluanov proposed slashing some 10 percent to most areas of the state budget. That is a significant turnaround for the government of President Vladimir Putin, who only weeks ago told the nation in a televised address that state spending would not be cut. Many parts of the economy, which relies heavily on public spending, will be affected, though Russia’s vast military modernization program and spending on infrastructure reforms will remain untouched as the country tries to reassert its power in the face of the West. That means Russians, who have seen the cost of imports jump as a result of the fall in the ruble, can expect more increases in the cost of living. Inflation could hit an annual rate of 17 percent in the spring, the deputy economic development minister, Alexei Vedev, was quoted as saying by the Tass news agency.
 Last year, inflation was 11.4 percent, the highest rate since 2008. The Russian ruble, which lost about half of its value last year, was down another 1 percent in afternoon trading in Moscow, to just above 66 rubles per dollar. Russia’s central bank has acted to stabilize the ruble and limit inflation. It raised interest rates sharply last year and intervened directly in currency markets. Higher rates, however, will hurt the domestic economy, as they make borrowing more expensive. While government spending will still rise overall this year, it will do so only by 5 percent, as opposed to the previous plan for 12 percent, Siluanov said. He said that if oil prices average $50 a barrel this year, government revenues will be around $45 billion lower than in an earlier budget plan. The price of international crude oil was below $47 a barrel on Wednesday, near a six-year low. Meanwhile, the World Bank on Wednesday sharply downgraded its predictions for Russia’s economy, foreseeing a 2.9 percent contraction in 2015.
As its prospects darken, Russia is highly likely to see its bond rating downgraded to “junk” status by Standard & Poor’s in coming days, said the economic development minister, Alexei Ulyukaev. Speaking at a conference alongside Siluanov, Ulyukaev asked Russians not to panic. “In a crisis situation, the main thing is to preserve mental calm … and most of all to think about your own health and the health of your family,” he said. Natalya Orlova, an analyst with Alfa Bank, said the government will be keen to direct cuts away from high-employment sectors if possible, and instead target new projects and services. With some areas of the Russian economy protected from budget cuts, others face pain. –Yahoo News
Posted in Banking Crisis, Boom and Bust Cycles, Civil Unrest, Currency - Economic warfare, Financial market turmoil, Flashpoint for war, Greed and Corruption, Hierarchal Control, New World Order, Protests, Resource War, Squandered Resources, The Pyramid Model | 1 Comment

The next revolution will not be televised

Utopia

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Kurdish female fighter blows up herself at ISIS gathering – yes, it’s getting this out-of-control

October 2014 SYRIAA female Kurdish fighter blew herself up at a gathering of the Islamic State (IS) near the Kurdish city of Kobane in northern Syria Sunday, according to the Syrian Observatory for Human Rights. The unnamed woman, which was a leading figure at the Kurdish militants of the People’s Protection Units or YPG, stormed a gathering of the IS fighters at the outskirts of Kobane, hurling grenades at them before blowing herself up, Xinhua reported citing the observatory.
The observatory said the incident marked the first instance where a female fighter carried out a suicide mission, especially in Kobane where Kurdish female fighters fight alongside the Kurdish men to defend the city against the wide-scale attack by the IS. The clashes around Kobane are still incessant as the IS succeeded to seize control over 350 villages around Kobane since they unleashed the attack against the city in September, the statement said. The suicide bombing by the Kurdish woman came just a couple of days after another 19-year-old Kurdish woman fighter shot herself down after finding herself surrounded by IS forces near Kobane. –BD News24
Posted in Arms Race, Civil Unrest, Conflict Among Nations, Economic Collapse, Escalating hostilities, Ethnic tensions, Flashpoint for war, Geopolitical Crisis, Hierarchal Control, Political turmoil, Religious War, Rumors of War, Social Meltdown, Terrorism threat, The Pyramid Model | 5 Comments