Saturday, February 18, 2023

"Will Nuclear War, Debt Collapse, Or Energy Depletion Finish The World?" (Excerpt)

"Will Nuclear War, Debt Collapse, 
Or Energy Depletion Finish The World?"
By Egon Von Greyerz

Excerpt: "Fragility has probably never been greater in history. Just three words encapsulate the destiny of the world. The THREE words are: WAR, DEBT, ENERGY. A FOURTH word will financially save the ones who understand its significance. It will also play a major role in the world’s future monetary system. The word is obviously GOLD. As the world moves from a fragile debt based Western system to a commodity and energy based system in the East and South, gold will assume a strategic role in the monetary system.

WAR – WWIII: War is obviously a potentially catastrophic threat since the sheer existence of the world and mankind is now at maximum risk. Wars are horrible whoever starts them. Since the beginning of mankind there have probably been over 100,000 important wars and conflicts.

Wars are horrible whoever starts them. Most wars end in major fatalities and injuries and a massive human and financial cost. And at the end of the war, the situation is often worse than when it started, like in for example Afghanistan, Vietnam, Iraq and Libya which countries the US invaded unprovoked. The same will most probably be the case in Ukraine.

There are always two sides to a war. I learnt many years ago that before we judge someone, we must walk three moon laps in his moccasins. So let us first walk in Putin’s moccasins.

The whole West hates Russia and have personalized it to Putin. Few realiz e that many of the people behind Putin are extreme hardliners and much more dangerous. Historically, Ukraine (like many European countries) has had a motley existence. Since the late 1700s to 1991 Ukraine was part of Russia/Soviet Union with a brief interruption after the Bolshevik revolution in 1917.

After the Maidan Revolution in Ukraine in 2014, the Minsk agreement brokered by Germany and France stipulated that parts of the Donbas region should be granted self-government. There should also be a ceasefire and withdrawal of heavy weapons by the Ukrainians. The Minsk agreement was never honoured and Ukraine continued to kill over 20,000 Russians in the region and to bomb the Donbas. As the bombing intensified in early February 2022, (allegedly at the insistence of the US), Russia invaded Ukraine on February 24, 2022. So the above is how Russia and Putin sees the Ukrainian situation.

Wearing America’s moccasins, the US Neocons are extremely worried about losing the US hegemony. Since WWII, the US has basically failed with every war they have been involved in. But in their view, if they fail in the present conflict, that will be the end of US dominance both politically and financially. Ukraine is clearly just a pawn in a much bigger game between the two titans – USA and Russia.

I watched Zelensky’s latest speech live to UK parliamentarians where he was begging for planes, weapons and money. This is obviously the role of a defending leader although he is clearly sacrificing his people. But wars are really, really, bizarre. Clapping every sentence that Zelensky uttered about the evil Russian invaders were around 1,000 politicians whose British ancestors, over a 400 year period, had invaded, conquered and ruled over 400 million people and 25% of the world’s landmass including major parts of Asia, Australia, Africa, Middle East and America. But today the shoe is on the other foot. Politicians are masters at throwing stones whilst sitting in glass houses.

But wars are always about CONSEQUENCES. It is clear at this point that the West is sadly ignoring the potential consequences of this war as they keep sending money and weapons but no peace makers. The US has no desire for peace at this stage and Europe just follows blindly whatever the US initiates without thinking of the consequences which both economically and militarily are much graver for Europe.

Zelensky has asked for tanks and is getting them. He is now asking for planes which the NATO countries are also considering. There are not yet any NATO troops in Ukraine officially but it is clear that there are many NATO soldiers there without the official uniforms. An Austrian colonel confirms that if a NATO solider takes off his uniform, he is a mercenary and this seems how NATO sends troops to Ukraine unofficially. Also the Mozart group led by a retired US Marine Corps Colonel acts in Ukraine as mercenaries.

So what is clear that there are not only NATO weapons in Ukraine but also soldiers. This by definition is as close to WWIII as the world can get. It seems very unlikely that Russia will lose this war with their military superiority. Even with major additional help from NATO, Ukraine is unlikely to stand a chance. If NATO decides to escalate the war with major troops and equipment, not only Russia will respond strongly but possibly also China and maybe India and Korea.

But there are clearly only losers in a nuclear war. If that happens, major parts of the world and population will be gone and we won’t have to worry about deficits and debts or stocks and gold. Let’s hope that world leaders and the ones pulling their strings come to their senses."
Full, highly recommended article is here:

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