Europe's Date with Destiny: Collapse by 2029 is Inevitable | Martin Armstrong

Comment by Hans: Mr. Armstrong, thank you for speaking the truth about the timeline of this war with Ukraine. Every news story here in Europe says the same thing. Russia was unprovoked. Never in my entire life have I ever witnessed such outright lies by the press. I do not see the Europeans rising up to overthrow these governments. We are sheep being led to the slaughter. You have forecasted that the euro will no longer exist, and they are rapidly moving to digital currencies, which will be, as you say, for capital control. We will not be able to leave or get our money out. [...] I think it is time to prepare for the future sooner than later.

» From about May 15th 2025 on, Europe is going into war, 

Europe will lose, and the Euro will become extinct. «
Martin Armstrong, March 1, 2025.

Reply by Martin Armstrong: It gives me no pleasure to live through Socrates’ forecasts [...] The euro has broken last year’s low and is still trading below it. We have a very serious Panic Cycle for Europe next year [2026], and they are pushing to cancel the currency’s move to digital as soon as possible. All they look at is capital controls, which will prevent bank runs and stop capital fleeing. They are trying to control their risk of the collapse of the EU. [...] Lagarde runs the ECB, pushing for the cancellation of the currency and moving to digital [by October 2025]. This is about taxes all over again.
 

» We are witnessing capital contracting in both the United States and Europe. «

Martin Armstrong, March 17, 2025.

[...] I have been warning that we are approaching World War III as a distraction from the collapse of sovereign debt in Japan and Europe. The total outstanding government and corporate bonds globally have now exceeded $100 trillion in 2024, as reported by the OECD. As I have also been warning, the central banks have been neutered. They can no longer fight inflation by raising interest rates because government debt just explodes. Governments have NO INTENTION of ever paying off their debt. They think there is no end to this game.

 » We are approaching World War III as a distraction from the collapse of sovereign debt in Japan and Europe.

Germany is heading into a very serious debt crisis for 2026. PANIC Cycles in 2026 around the globe. 

Major recession globally into 2028. EU prepares for war as a distraction from their inevitable collapse by 2029. «

[...] While central banks are cutting interest rates, borrowing costs remain much higher than before 2022’s rate hikes because the ECM, in particular, went to negative interest rates in 2014, which only encouraged governments to issue more debt. This all comes at a time when the EU wants to fund an army and prepare for war as a distraction from their inevitable collapse by 2029.

» Macron and Starmer are insane. Putin can detonate a 100-megaton nuke and the tidal wave

will wipe out Britain entirely. The Computer Has NEVER been Wrong. Europe Will Lose!!! «

Martin Armstrong, March 21, 2025.

 

[...] Germany is heading into a very serious debt crisis for 2026, and this does not bode well for Europe or the Euro. Nearly HALF of ALL outstanding government debt among OECD countries and emerging markets and around ONE THIRD of corporate debt will mature by 2027. Our computer is showing PANIC Cycles in 2026 around the globe. The defaults come when you cannot sell the NEW debt to pay off the old. [...] Everything is coming to the point of a major Sovereign Debt default that the government will not survive. [...] Add the trade wars and what our model shows a major recession globally into 2028; it is hard to see how many countries can even make it to 2029.

Reference:
Martin Armstrong (March 21, 2025) - Europe’s Date with Destiny.
Martin Armstrong (March 20, 2025) - Sovereign Debt Crisis Unfolding.

 

See also:

Martin Armstrong (March 17, 2025) - Ahead of Iran War, Capital Flows Flee the US and Europe.

Martin Armstrong (March 1, 2025) - Europe Will Go to War around May 15, Lose, and Euro Will Become Extinct.

Martin Armstrong (December 21, 2024) - Outlook for 2025: Depression, Debt, Default & Destruction. 

TPR (March 11, 2025) - The ECB's Dystopian Digital Euro Dictatorship Set to Launch in October 2025. 

Jim Bianco (February 13, 2025) - The ‘Mar-a-Lago Accord’ Chatter Is Getting Wall Street’s Attention.

The ECB's Dystopian Digital Euro Dictatorship Set to Launch in October 2025

The European Central Bank (ECB), under Christine Lagarde, is pushing for a digital euro at full speed: “The deadline for us will be October 2025, and we are preparing for this date,” Lagarde explained. The implementation depends on the approval of the Commission, the Council, and Parliament must complete the legislative process.

 Lagarde giving green light to the digital euro:

Every payment tracked in real time, with the ECB able to block payments, deduct taxes,
prevent withdrawals (no bank run), impose expiration dates on money, and enable censorship.

The digital euro is to come in two versions: a retail version for citizens and a wholesale version for financial institutions. What central bankers praise as innovation could turn out to be a Trojan horse for civil liberties. Despite the ECB’s assurances of “high privacy standards,” the fundamental fact remains: a digital central bank currency creates the technical prerequisites for seamless financial transparency.

Unlike cash, every transaction with the digital euro leaves a data trail. The assurance that the ECB will not track transactions is not convincing, given the increasing trends of state surveillance. Technically, it would be possible at any time to lift this self-imposed restriction – for example, in the name of "counterterrorism" or "tax justice."

Lena Petrova (February 9, 2025) -  EU 'Accelerates' Digital Euro Launch:
Revealed Date of Programmable Digital Currency Roll Out. 

 

Especially concerning is the possibility of freezing or confiscating balances at the push of a button. What is currently dismissed as a theoretical scenario could become bitter reality tomorrow. The experiences with account freezes of politically unpopular individuals and media in Western democracies show that this danger is by no means unfounded. A digital euro would dramatically increase this concentration of power. Imagine: A government critic suddenly finds their digital balance frozen – without a court order, without legal recourse, and without a cash alternative.

The "programmability" of the digital euro, hailed as an advantage by its supporters, reveals its true threat: The state could determine what you are allowed to spend your money on (for example, linked to a CO2 budget). Spending limits for certain products, time restrictions, or intended purposes could be directly programmed into the currency. This control could also be abused to enforce political goals. Climate policy through limiting meat purchases or air travel? Health policy by limiting "unhealthy" foods? The technical possibilities would be nearly unlimited.

 » A digital euro would be a digital form of cash. «
This is a blunt lie and exactly what the digital euro is not.

While the ECB presents the digital euro as a necessary response to China’s digital yuan and US stablecoins, it conceals the true essence of this race: It is about control, not innovation. China's CBDC project already shows how digital currencies can be used for social control. The ECB's Ethereum blockchain tests may be technically impressive but divert attention from the fundamental shift in power that a digital euro would represent: away from the citizen, towards the state and its institutions.

 » The key difference with the CBDC is that central banks will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability. And also we will have the technology to enforce that. Those two issues are extremely important and that makes a huge difference with respect to what cash is. «
Agustín Carstens, General Manager, Bank for International Settlements.

The digital euro is not a neutral means of payment but a tool for undermining civil liberties. The promised benefits – faster transactions, offline functionality, competitiveness – do not outweigh the risks. While Lagarde and the ECB are pushing forward with technical preparations, citizens and parliamentarians should ask the fundamental question: Do we want a society where every financial transaction can potentially be monitored, controlled, and sanctioned? The answer to this question will have consequences far beyond 2025 or 2028.

 

See also:

Martin Armstrong (March 3, 2025) - Europe Will Go to War around May 15, Lose, and Euro Will Become Extinct.
TPR (March 2, 2025) - Quantum Computing: Paving the Way for the Tech Oligarchy's Totalitarianism. 

Marc Friedrich (June 23, 2024) - Der Digitale Euro: Die Versklavung der Gesellschaft! (video)

 

了解你的敌人
Know your Enemies.

Crush Europe and Strengthen the US | RAND Corporation

January 25, 2022.

Confidential.

Distribution:

WHCS, ANSA, Dept. of State, CIA, NSA, DNC 

 

Executive Summary

[...] The current German economic model is based on two pillars. These are unlimited access to cheap Russian energy resources and to cheap French electric power, thanks to the operation of nuclear power plants. The importance of the first factor is considerably higher. Halting Russian supplies can well create a systemic crisis that would be devastating for the German economy and, indirectly, for the entire European Union. The French energy sector could also soon begin to experience heavy problems. The predictable stop of Russian-controlled nuclear fuel supplies, combined with the unstable situation in the Sahel region, would make French energy sector critically dependent on Australian and Canadian fuel.

 

"A reduction in Russian energy supplies - ideally, a complete halt of such supplies -
would lead to disastrous outcomes for German industry." - RAND Corporation, Jan 25, 2022.

 

[...] The only feasible way to guarantee Germany's rejection of Russian energy supplies is to involve both sides in the military conflict in Ukraine. Our further actions in this country will inevitably lead to a military response from Russia. Russians will obviously not be able to leave unanswered the massive Ukrainian army pressure on the unrecognized Donbas republics. That would make possible to declare Russia an aggressor and apply to it the entire package of sanctions prepared beforehand. Putin may in turn decide to impose limited counter-sanctions - primarily on Russian energy supplies to Europe. Thus, the damage to the EU countries will be quite comparable to the one to the Russians, and in some countries - primarily in Germany - it will be higher.

 

The prerequisite for Germany to fall into this trap is the leading role of green parties and ideology in Europe. The German Greens are a strongly dogmatic, if not zealous, movement, which makes it quite easy to make them ignore economic arguments. In this respect, the German Greens somewhat exceed their counterparts in the rest of Europe. Personal features and the lack of professionalism of their leaders - primarily Annalena Baerbock and Robert Habeck - permit to presume that it is next to impossible for them to admit their own mistakes in a timely manner.

 

Thus, it will be enough to quickly form the media image of Putin’s aggressive war to turn the Greens into ardent and hardline supporters of sanctions, a ‘party of war’. It will enable the sanctions regime to be introduced without any obstacles. The lack of professionalism of the current leaders will not allow a setback in the future, even when the negative impact of the chosen policy becomes obvious enough [...] This will ensure a sufficiently long gap in cooperation between Germany and Russia, which will make large German economic operators uncompetitive.

"The prerequisite for Germany to fall into this trap is the leading role of the German Greens."

[...] A reduction in Russian energy supplies - ideally, a complete halt of such supplies - would lead to disastrous outcomes for German industry. The need to divert significant amounts of Russian gas for winter heating of residential and public facilities will further exacerbate the shortages [...] A complete standstill at the largest in the chemical, metallurgical, and machine-building, plants is likely, while they have virtually no spare capacity to reduce energy consumption. It could lead to the shutting down of continuous-cycle enterprises, which would mean their destruction.

The cumulative losses of the German economy can be estimated only approximately. Even if the restriction of Russian supplies is limited to 2022, its consequences will last for several years, and the total losses could reach 200-300 billion euros. Not only will it deliver a devastating blow to the German economy, but the entire EU economy will inevitably collapse. We are talking not about a decline in economy growth pace, but about a sustained recession and a decline in GDP only in material production by 3-4% per year for the next 5-6 years. Such a fall will inevitably cause panic in the financial markets and may bring them to a collapse.

The euro will inevitably, and most likely irreversibly, fall below the dollar. A sharp fall of the euro will consequently cause its global sale. It will become a toxic currency, and all countries in the world will rapidly reduce its share in their forex reserves. This gap will be primarily filled with dollar and yuan.

 

"NATO's purpose is "keep the Russians out, the Americans in, and the Germans down",
as Lord Hastings Lionel Ismay, NATO's first Secretary General, put it.

Another inevitable consequence of a prolonged economic recession will be a sharp drop in living standards and rising unemployment (up to 200,000-400,000 in Germany alone), which will entail the exodus of skilled labour and well-educated young people. There are literally no other destinations for such migration other than the United States today. A somewhat smaller, but also quite significant flow of migrants can be expected from other EU countries.

 

Since 1871 the prime U.S. geopolitical foreign policy doctrine for Europe is:
"Keep Germany and Russia separate and in conflict."
Or as Victoria Nuland put it in 2014: "Fuck the EU!"

The scenario under consideration will thus serve to strengthen the national financial condition both indirectly and most directly. In the short term, it will reverse the trend of the looming, economic recession and, in addition, consolidate American society by distracting it from immediate economic concerns. This, in turn, will reduce electoral risks.

In the medium term (4-5 years), the cumulative benefits of capital flight, re-oriented logistical flows and reduced competition in major industries may amount to USD 7-9 trillion. Unfortunately, China is also expected to benefit over the medium term from this emerging scenario. At the same time, Europe's deep political dependence on the U.S. allows us to effectively neutralise possible attempts by individual European states to draw closer to China [...]

Quoted from:
RAND Corporation (Jan 25, 2022) - Executive Summary: Weakening Germany, Strengthening the U.S.

See also:

Hans-Benjamin Braun (Apr 07, 2023) - Nord Stream Pipeline Blast by US-Nuke. 

Michel Chossudovsky (Aug 30, 2023) - Niger’s Military Junta is Supported by the Pentagon.

Washington’s Unspoken Objective: “Remove France from Africa”.

Max Blumenthal & Aaron Maté (2023) - German Greens, the world's most hypocritical party? (video)

 Bruno Maçães (2018) - Greater Eurasia: Russia’s New Energy Gamble.

Financial Fascism - The Elimination of Physical Currency

“Fascism should more appropriately be called Corporatism because it is a merger of
state and corporate power.” ― Benito Mussolini, 1932

Paul Joseph Watson (Aug 28, 2015) - The Financial Times has published an anonymous article which calls for the abolition of cash in order to give central banks and governments more power. Entitled "The case for retiring another ‘barbarous relic’", the article laments the fact that people are stockpiling cash in anticipation of another economic collapse, a factor which is causing, “a lot of distortion to the economic system.”

“The existence of cash — a bearer instrument with a zero interest rate — limits central banks’ ability to stimulate a depressed economy. The worry is that people will change their deposits for cash if a central bank moves rates into negative territory,” states the article. Complaining that cash cannot be tracked and traced, the writer argues that its abolition would, “make life easier for a government set on squeezing the informal economy out of existence.” Abolishing cash would also give governments more power to lift taxes directly from people’s bank accounts, the author argues, noting how “Value added tax, for example, could be automatically levied — and reimbursed — in real time on transactions between liable bank accounts.”

Totalitarianism of the European Financial Oligarchy - Votes change nothing!

The writer also calls for punishing people who use cash by making users “pay for the privilege of anonymity” so they will, “remain affected by monetary policy.” Dated bank notes would lose their value over time, while people would also be charged by banks for swapping electronic reserves for physical cash and vice versa. The article echoes an argument made by Kenneth Rogoff, former chief economist of the International Monetary Fund, who has called for high denomination banks notes such as the €100 and €500 notes to be phased out of existence. Rogoff attended a meeting in London earlier this year where he met representatives from the Federal Reserve, the ECB as well as participants from the Swiss and Danish central banks. The issue of banning cash was at the forefront of the agenda. Last year, Rogoff also called for “abolishing physical currency” in order to stop “tax evasion and illegal activity” as well as preventing people from withdrawing money when interest rates are close to zero. 

The agenda to ban cash was also discussed at this year’s secretive Bilderberg Group meeting, which was attended by the Financial Times’ chief economics commentator Martin Wolf. Former Bank of England economist Jim Leaviss penned an article for the London Telegraph earlier this year in which he said a cashless society would only be achieved by “forcing everyone to spend only by electronic means from an account held at a government-run bank,” which would be, “monitored, or even directly controlled by the government.” In the UK, banks are treating the withdrawal of cash in amounts as low as £5,000 as a suspicious activity, while in France, citizens will be banned from making cash payments over €1,000 euros from Tuesday onwards. The withdrawal and deposit of cash over the amount of €1,000 euros will also be subject to ID verification. “There is no more egregious anti-liberty economic policy imaginable than banning cash,” writes Michael Krieger. “Of course, if cash were involuntarily “ended,” there would be a surge in demand for physical gold and silver, which would then necessitate a ban on those items. Then the cycle of economic and financial tyranny would be complete, and crawling our way out of it, nearly impossible.”

The Global Financial Ponzi Scheme

$1,280,000,000,000 = There is only 1.28 trillion dollars worth of U.S. currency floating around out there.
$17,555,165,805,212.27 = 17.5 trillion dollars is the size of the U.S. national debt. It has grown by more than 10 trillion dollars over the past ten years.
$32,000,000,000,000 = 32 trillion dollars  is the total amount of money that the global elite have stashed in offshore banks (that we know about).
$48,611,684,000,000 = 48 trillion dollars is the total exposure that Goldman Sachs has to derivatives contracts.
$59,398,590,000,000 = 59.4 trillion dollars is the total amount of debt (government, 

corporate, consumer, etc.) in the U.S. financial system.  40 years ago, this number was just a little bit above 2 trillion dollars.
$70,088,625,000,000 = 70 trillion dollars is the total exposure that JPMorgan Chase has to derivatives contracts.
$71,830,000,000,000 = 71.8 trillion dollars is the approximate size of the GDP of the entire world.
$75,000,000,000,000 = 75 trillion dollars is approximately the total exposure that German banking giant Deutsche Bank has to derivatives contracts.
$100,000,000,000,000 = 100 trillion dollars is the total amount of government debt in the entire world.  This amount has grown by $30 trillion just since mid-2007.
$223,300,000,000,000 = 223.3 trillion dollars is the approximate size of the total amount of debt in the entire world.
$236,637,271,000,000 = 223.3 trillion dollars is - according to the U.S. government - the total exposure that the top 25 banks in the United States have to derivatives contracts.  But those banks only have total assets of about 9.4 trillion dollars combined.  In other words, the exposure of our largest banks to derivatives outweighs their total assets by a ratio of about 25 to 1.
$710,000,000,000,000 to $1,500,000,000,000,000 = 710 to 1,500 trillion dollars are the estimates of the total notional value of all global derivatives contracts.  At the high end of the range, the ratio of derivatives exposure to global GDP is about 21 to 1. Credits: Michael Snyder

Game Over 2015.75 | Martin Armstrong

"Schaeuble wants a Grexit to put the fear of God into the French!" HERE & HERE

Martin Armstrong: "This is the start of BIG BANG and as the rest of Western nations
raise taxes, the economy is about to fall off a cliff and they bring economic activity
into a swan-dive. They will, as always, blame the private sector. We can see this
decline coming as long-term bonds crashed from May, liquidity has collapsed, and there
is excess cash in the short-end keeping interest rates low ensuring we will see not
just municipalities decline into a debt crisis like Detroit, but we are staring in the
eyes of death insofar as pensions are concerned. Politicians are good for only (1) lies,
(2) corruption, (3) debt, (4) taxes, and (5) death and war."

March 18, 2014 | A Pivot of History & the Ascent of a Multi-Polar World System

March 18, 2014 – Address of Russian President Vladimir Putin to State Duma deputies, Federation Council members, heads of Russian regions, Representatives of the Republic of Crimea and Sevastopol, civil society representatives in the Kremlin, and to “The West”:

After the dissolution of bipolarity on the planet, we no longer have stability. Key international institutions are not getting any stronger; on the contrary, in many cases, they are sadly degrading. Our western partners, led by the United States of America, prefer not to be guided by international law in their practical policies, but by the rule of the gun. They have come to believe in their exclusivity and exceptionalism, that they can decide the destinies of the world, that only they can ever be right. They act as they please: here and there, they use force against sovereign states, building coalitions based on the principle “If you are not with us, you are against us.” To make this aggression look legitimate, they force the necessary resolutions from international organisations, and if for some reason this does not work, they simply ignore the UN Security Council and the UN overall.

Vladimir Putin: Against the equality of good and evil.

 

[…] I understand those who came out on Maidan with peaceful slogans against corruption, inefficient state management and poverty […] However, those who stood behind the latest events in Ukraine […] resorted to terror, murder and riots. Nationalists, neo-Nazis, Russophobes and anti-Semites executed this coup […] We understand what is happening; we understand that these actions were aimed against Ukraine and Russia and against Eurasian integration […] We have every reason to assume that the infamous policy of containment, led in the 18th, 19th and 20th centuries, continues today. They are constantly trying to sweep us into a corner because we have an independent position, because we maintain it and because we call things like they are and do not engage in hypocrisy. But there is a limit to everything. And with Ukraine, our western partners have crossed the line.

[…] It is at historic turning points such as these that a nation demonstrates its maturity and strength of spirit. The Russian people showed this maturity and strength through their united support for their compatriots. Russia’s foreign policy position on this matter drew its firmness from the will of millions of our people, our national unity and the support of our country’s main political and public forces […] Obviously, we will encounter external opposition, but this is a decision that we need to make for ourselves. Are we ready to consistently defend our national interests, or will we forever give in, retreat to who knows where? […] Russia will also have to make a difficult decision now, taking into account the various domestic and external considerations. What do people here in Russia think? Here, like in any democratic country, people have different points of view, but I want to make the point that the absolute majority of our people clearly do support what is happening.

In his 2013 annual Presidential address to the Federal Assembly, Vladimir Putin clearly expressed:

[…] Today, many nations are revising their moral values and ethical norms, eroding ethnic traditions and differences between peoples and cultures. Society is now required not only to recognise everyone’s right to the freedom of consciousness, political views and privacy, but also to accept without question the equality of good and evil, strange as it seems, concepts that are opposite in meaning. This destruction of traditional values from above not only leads to negative consequences for society, but is also essentially anti-democratic, since it is carried out on the basis of abstract, speculative ideas, contrary to the will of the majority, which does not accept the changes occurring or the proposed revision of values. We know that there are more and more people in the world who support our position on defending traditional values that have made up the spiritual and moral foundation of civilisation in every nation for thousands of years: the values of traditional families, real human life, including religious life, not just material existence but also spirituality, the values of humanism and global diversity. Of course, this is a conservative position. But speaking in the words of Nikolai Berdyaev, the point of conservatism is not that it prevents movement forward and upward, but that it prevents movement backward and downward, into chaotic darkness and a return to a primitive state.

The President of Russia is leading the global resistance against the Empire of Wall Street and the City of London. He stopped their genocidal depredation in Russia. This is why they hate him, why they attempt to kill him, and why the corporate media cheers thugs like Yulia Tymoshenko and Mikhail Khodorkovsky as if they were heroes of democracy. 

 

For 250 years, the imperial West has waged wars, destroying nation after nation, producing failed states, terrorism, chaos, and millions of casualties. This was the second NATO coup in Ukraine within a decade. The road to Moscow leads through Kyiv. But this time, Vladimir Putin’s Russia was prepared and not alone: After the latest coup in Ukraine, Crimea hastily joined Russia on March 18, 2014, before becoming subject to IMF looting or another ‘civil war’ orchestrated by NATO. 

 

The unification of Crimea and Russia is backed by the Shanghai Cooperation Organization (SCO). This military and economic alliance was founded in 1996 in response to the globalizing savagery of NATO. Today, the SCO comprises six member states, five observer states, three dialogue partners, and three guest attendees from five non-Western civilizations (Russian, Chinese, Muslim, Hindu, and Buddhist—four of which are nuclear powers) from the South China Sea to the Baltic Sea and from the Persian Gulf to the Bay of Bengal. In terms of potential, production, infrastructure, economic growth, and prosperity, this is the most successful and promising alliance in recorded history. 

 

This is not an empire; it is an alliance of sovereign states, and their relations are governed by international law. This is the very opposite of the poisonous 'one-world' gospel of the globalists and the 'clash-of-civilizations' ideology of the liberals.

Pro-Russian protesters with banner reading “Odessa for referendum!”
in the center of Odessa, March 23, 2014.

 

China knows very well that it is next in NATO’s line for 'freedom' and 'democracy,' and that without the SCO and Russia’s energy supply, it would fall prey to the Empire. Therefore, China supports Russia, Syria, Iran, Sudan, Pakistan, Afghanistan, and a new multipolar world system. 

 

The fascist regime in Kyiv has no legitimacy at all and won’t last. The EU has no means to sanction Russia. The EU is not a superpower; it is not the White Knight and won't rescue anybody. The EU is merely a deeply corrupted, pitiful, and bankrupt US protectorate on the brink of collapse and revolution itself. However, in this latest freedom-and-democracy scam, the EU is once again the colonial aid of the international banking cartel. And once again, they came to loot: Ukraine's gold was flown out to London and New York two weeks ago. 

 

Last week, the EU showed up in Kyiv offering a multi-billion Euro credit conjured by Mr. Draghi out of nothing to support Ukraine. Nobody takes this seriously. The Ukrainians will overthrow Euro-fascism and join the Eurasian Customs Union or split the country. Any sanctions will only strengthen Eurasian integration and increase unemployment and misery in the EU.

The US will continue to play India as the continental dagger against China and Pakistan until an Indian Putin emerges and integrates the country into the SCO. Venezuela has been fighting imperialism since 1998. Without nuclear defense capabilities and strong allies in the region, the people of Venezuela may soon perish and see their oil, gas, and gold stolen once again, degrading them into poverty. 

 

That said, with more than 60% of the world’s population, the momentum toward a new international system and future world trade and economy is intimately related to the SCO and the BRICS. All of them are building up gold reserves and are about to create an independent currency, a BRICS bank, and a BRICS currency reserve pool. The SCO and the BRICS could already destabilize the Euro and the US dollar by dumping them into the exchange markets. The FED and the ECB would not be able to arrange currency swaps with other countries large enough to buy up the dumped currency, causing exchange values to fall. Such an action could be a response to more hostile NATO activities.

If this is indeed the “beginning of the end” for the globalist Empire, it is still only the very beginning of a long and dangerous process: The next big NATO war will be the endgame for the absolute rule of a cynical world hegemon over 99% of the global population. Some empires die peacefully, destroyed by economic ruin, overstretch, and social implosion; others prefer to perish in an orgy of violence.

 

Reference:

Vladimir Putin (March 18, 2014) - Address by President of the Russian Federation.
Vladimir Putin (December 12, 2013) - Presidential Address to the Federal Assembly.