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Page added on January 22, 2016
The Secret Behind The Next Global Crash
The World Economic Forum in Davos is submerged by a tsunami of denials, and even non-denial denials, stating there won’t be a follow-up to the Crash of 2008.
Yet there will be. And the stage is already set for it.
Selected Persian Gulf traders, and that includes Westerners working in the Gulf confirm that Saudi Arabia is unloading at least $1 trillion in securities and crashing global markets under orders from the Masters of the Universe – those above the lame presidency of Barack Obama.
Those were the days when the House of Saud would as much as flirt with such an idea to have all their assets frozen. Yet now they are acting under orders. And more is to come; according to crack Persian Gulf traders Saudi Western security investments may amount to as much as $8 trillion, and Abu Dhabi’s as $4 trillion.
In Abu Dhabi everything was broken into compartments, so no one could figure it out, except brokers and traders who would know each supervisor of a compartment of investments. And for the House of Saud, predictably, denial is an iron rule.
This massive securities dump has been occasionally corporate media, but the figures are grossly underestimated. The full information simply won’t filter because the Masters of the Universe have vetoed it.
There has been a huge increase in the Saudi and Abu Dhabi dump since the start of 2016. A Persian Gulf source says the Saudi strategy “will demolish the markets.” Another referred to a case of “maggots eating the carcass in the dark”; one just had to look at the rout in Wall Street, across Europe and in Hong Kong and Tokyo on Wednesday.
So it’s already happening. And a crucial subplot may be, in the short to medium term, no less than the collapse of the eurozone.
The Crash of 2016?
So a case could be made of a panicked House of Saud being instrumentalized to crash a great deal of the global economy. Cui bono?
Moscow and Tehran are very much on it. The logic behind crashing markets, creating a recession and a depression – from the point of view of the Masters of the Universe above the lame duck President of the United States — is to engineer a major slow down, cripple buying patterns, decrease oil and natural gas consumption, and point Russia on a road to ruin. Besides, the ultra low oil price also translates into a sort of ersatz sanction on Iran.
Still, Iranian oil about to reach the market will be around an extra 500,000 barrels a day by mid-year, plus a surplus stored in tankers in the Persian Gulf. This oil can and will be absorbed, as demand is rising (in the US, for instance, by 1.9 million barrels a day in 2015) while supply is falling.
Surging demand and falling production will reverse the oil crash by July. Moreover, China’s oil imports recently surged 9.3% at 7.85 million barrels a day, discrediting the hegemonic narrative of a collapse of China’s economy – or of China being responsible for the current market blues.
So, as I outlined here, oil should turn around soon. Goldman Sachs concurs. That gives the Masters of the Universe a short window of opportunity enabling the Saudis to dump massive amounts of securities in the markets.
The House of Saud may need the money badly, considering their budget on red alert. But dumping their securities is also clearly self-destructive. They simply cannot sell $8 trillion. The House of Saud is actually destroying the balance of their wealth. As much as Western hagiography tries to paint Riyadh as a responsible player, the fact is scores of Saudi princes are horrified at the destruction of the wealth of the kingdom through this slow motion harakiri.
Would there be a Plan B? Yes. Warrior prince Mohammed bin Sultan – who’s actually running the show in Riyadh – should be on the first flight to Moscow to engineer a common strategy. Yet that won’t happen.
And as far as China – Saudi Arabia’s top oil importer — is concerned, Xi Jinping has just been to Riyadh; Aramco and Sinopec signed a strategic partnership; but the strategic partnership that really matters, considering the future of One Belt, One Road, is actually Beijing-Tehran.
The massive Saudi dumping of securities ties in with the Saudi oil price war. In the current, extremely volatile situation oil is down, stocks are down and oil stocks are down. Still the House of Saud has not understood that the Masters of the Universe are getting them to destroy themselves many times over, including flooding the oil market with their shut-in capacity. And all that to fatally wound Russia, Iran and… Saudi Arabia itself.
Only a Pawn in Their Game
Meanwhile, Riyadh is rife with rumors there will be a coup against King Salman – virtually demented and confined to a room in his palace in Riyadh. There are two possible scenarios in play:
1) King Salman, 80, abdicates in favor of his son, notorious arrogant/ignorant troublemaker Warrior Prince Mohammed bin Salman, 30, currently deputy crown prince and defense minister and the second in the line of succession but de facto running the show in Riyadh. This could happen anytime soon. As an extra bonus, current Oil Minister Ali al-Naimi, not a royal, would be replaced by Abdulaziz bin Salman, another son of the king.
2) A palace coup. Salman – and his troublemaker son – are out of the picture, replaced by Ahmed bin Abdulaziz (who was a previous Minister of the Interior), or Prince Mohammed bin Nayef (the current Minister of the Interior and Crown Prince.)
Whatever scenario prevails, the British MI6 is intimately aware of the whole pantomime. And the German BND might be. Everyone remembers the BND memo at the end of 2015 that depicted Deputy Crown Prince Mohammed bin Salman as a “political gambler” who is destabilizing the Arab world through proxy wars in Yemen and Syria.
Saudi sources — for obvious reasons insisting on anonymity — stress that as much as 80% of the House of Saud favors a coup.
Yet the question is whether a House reshuffle would change their slow motion hara-kiri. The categorical imperative remains; the Masters of the Universe are ready to bring the whole world down in a major recession basically to strangle Russia. The House of Saud is just a pawn in this vicious game.
21 Comments on "The Secret Behind The Next Global Crash"
onlooker on Fri, 22nd Jan 2016 6:52 pm
Pray tell me how is this not a murder/suicide. Yeah you can collapse Russia but the West will also go down in flames. So is that what the world has come to? Pretty pathetic.
makati1 on Fri, 22nd Jan 2016 7:08 pm
onlooker, the ‘Masters’ are on a murder/suicide course because they cannot imagine a world they do not control. It appears, at this point in time, that the human species will go extinct, not from starvation, dehydration,or heat, but by the greed of a few, powered by that drug, oil. Most of them are over 70 and don’t give a damn about the rest of us other than as a source to drain in their lust for power. Or so it seems to me.
onlooker on Fri, 22nd Jan 2016 7:18 pm
Totally agree Mak, we have pretty sick people in pretty high positions. Rather than trying to do something against the shit storm they seem intent to make it worse. Addicted to wealth and power Mak.
ghung on Fri, 22nd Jan 2016 9:30 pm
“Sputnik is an international multimedia service launched on 10 November 2014 by Rossiya Segodnya, an agency wholly owned and operated by the Russian government, which was created by a Decree of the President of Russia on December 9, 2013.[2] Sputnik replaces the RIA Novosti news agency on an international stage (which remains active in Russia)[3] and Voice of Russia. According to its chief Dmitry Kiselyov Sputnik intends to counter the “aggressive propaganda that is now being fed to the world”.[4]”
https://en.wikipedia.org/wiki/Sputnik_%28news_agency%29
“Alexander Podrabinek, a Russian journalist who works for Radio France Internationale[6][7] (a French public radio service that operates under the auspices and primary budget of the French Minister of Foreign Affairs) and Radio Free Europe/Radio Liberty[8] (a 501(c)(3) corporation that receives U.S. government funding and is supervised by the Broadcasting Board of Governors, a nonprofit agency overseeing all U.S. federal government international broadcasting services), has called Sputnik a tool of Russian state propaganda distribution abroad,[4] and has likened it to a pro-Putin version of the Daily Mail and described it as “anti-Western”..”
Apneaman on Fri, 22nd Jan 2016 10:07 pm
“aggressive propaganda that is now being fed to the world”.[4]”
Now? Yeah, like it just recently started.
makati1 on Sat, 23rd Jan 2016 1:33 am
ghung, propaganda/brainwashing has been the major tool of the Empire for the last 50 years or so. What do you call advertising? There used to be a thing called news when I was young, but that too is now nothing more than lies and evasions. Adjust.
adamc18 on Sat, 23rd Jan 2016 2:12 am
Ghung – I like the way the high- powered Broacasting Board of Governors refers to this propaganda being “….a Russian version of the Daily Mail…” . The Daily Mail is a UK trash right-wing rag produced by one Lord Rothermere who iives in some nasty tax ‘haven’. His grandfather was a great friend of A Hitler. (Maybe he knew Pappy Koch?) It is anti climate-science, anti EU etc as might be expected, but tragically it is bought every day by around 3 million Brits!
onlooker on Sat, 23rd Jan 2016 2:57 am
testing
Davy on Sat, 23rd Jan 2016 6:05 am
Thanks G-Man for highlighting the fact that all the worlds a stage when it comes to propaganda. The natives know this but they would rather the truth stay hidden. They would rather the US mainstream media always be the focus.
Davy on Sat, 23rd Jan 2016 6:17 am
“This Is What The Death Of A Nation Looks Like: Venezuela Prepares For 720% Hyperinflation”
http://www.zerohedge.com/news/2016-01-22/what-death-nation-looks-venezuela-prepares-720-hyperinflation
“China’s Unlikely Partnership with Venezuela”
http://www.isn.ethz.ch/Digital-Library/Articles/Detail/?id=182309
“Perhaps the most notable outcome of Xi’s bilateral visits, however, was his country’s continued commitment to Venezuela. Even amidst violent demonstrations, product shortages, and crushing inflation, China offered Venezuela $4 billion in oil-backed financing, adding to the $50 billion that Beijing has promised the South American nation since 2005. By means of a Joint Financing Fund and other financing arrangements, China’s banks have issued more loans to Venezuela than any other country in the region. In 2013 alone, Caracas received over $10 billion in Chinese investment.”
“China has also encountered its fair share of challenges in the South American nation. The Washington Post reported in 2012 that Chinese officials were increasingly frustrated with delays and a lack of preferential access in the Orinoco. Output has also been a problem. State-owned Petróleos de Venezuela S.A. (PdVSA) has consistently fallen short in the production of the 800,000 barrels per day (bpd) it promised to China. According to Bloomberg, output at the new Orinoco fields was supposed to reach 195,000 barrels a day by the end of last year. Instead, production is closer to a 6,000 barrel-a-day “trickle” that’s costing PdVSA an estimated $19 million per day in lost revenue.”
“There are also indications of a progressive loss of confidence in Venezuela’s leaders and their aptitude for fiscal reform. After perceived misuse of Chinese funds in the past few years, Beijing is keeping an increasingly close eye on Venezuelan spending. In 2011, it reportedly dispatched inspectors to Venezuelan ministries and national facilities to study the use of Chinese funds.”
“Venezuela’s prospects are undoubtedly a hot topic of discussion within China’s foreign affairs apparatus, the country’s SOEs, and among experts at state-affiliated think tanks. China nevertheless appears committed to its now “comprehensive strategic partnership” with Venezuela, even as some in Beijing advise caution, and even as patience with Maduro wanes. Whether Beijing’s approach to Venezuela is indeed misguided remains to be seen. A foot in the door, in this case, may be worth two safely planted in Beijing.”
Apneaman on Sat, 23rd Jan 2016 7:02 am
Overshoot by 7.4 billion cancer apes is not a “secret”.
Apneaman on Sat, 23rd Jan 2016 7:10 am
This Be The Verse
They fuck you up, your mum and dad.
They may not mean to, but they do.
They fill you with the faults they had
And add some extra, just for you.
But they were fucked up in their turn
By fools in old-style hats and coats,
Who half the time were soppy-stern
And half at one another’s throats.
Man hands on misery to man.
It deepens like a coastal shelf.
Get out as early as you can,
And don’t have any kids yourself.
Philip Larkin
JuanP on Sat, 23rd Jan 2016 7:31 am
I read Sputnik on a regular basis. They are not particularly great, but they balance all the lies and BS in Western MSM and Western “news agencies”. I find their reporting to be more balanced, accurate and truthful than anything published by any Western government agency, like say Voice of America.
I was knocked over really hard when I realized a couple of years ago that Russian propaganda was more balanced, truthful, and accurate than exceptionalist American propaganda written by people living in denial. I lived in denial for many years before accepting that truth. It is very hard to accept that everything you were told your whole life by your family, friends, teachers, priests, and government was a big, fat lie.
It was very hard for me to accept it and I can completely understand that it is beyond most people’s capacity, particularly Americans because they’ve been lied to more than anyone else and have more pain in store when facing the truth because they were raised so far from it.
markisha on Sat, 23rd Jan 2016 7:41 am
If the greedy and ruthless ones don’t accept the fact that they must save the earth we are fucked because nobody else can. Unfortunately that is the true
joe on Sat, 23rd Jan 2016 9:37 am
The credit crunch of 07 was caused in the first instance by the crash of the property market, which had lost all semblance of sanity, people with no credit worthiness were being offered $500,000 on interest only mortgages with interest frozen for the first few years, people with almost no work! What followed was the Boom in China, and now that has worked itself out. What comes next? They could have another property bubble. Certainly some markets are heating up, but first they have to change the rules back to somthing like the way they were in 07, if you see somthing like that happen, you know we are being set up. Oil is ok, but as a bubble commodity it’s simply to elastic, supply has a bottom and the lower prices go, no matter how resilient, supply will fall. Property doesn’t just stop though, in fact the higher the price, the faster the supply comes, but with property the real commodity being exchanged is not the bricks, it’s dollars of course, and as we saw, banks have an unlimited supply, but people don’t, thus the credit crunch, when worthless CDOs crystallised into losses, banks held cash to save their asses, only TARP, kept the US economic heart pumping when the cycle of cash stopped working. TARP of course evolved into an even bigger animal, ‘stimulus’. Stimulus literally keeps the lights on at night in the west. It’s paying for social welfare. It’s doomed.
Saudi Arabia can dump as many trillions as it likes, and sell old dollars with 5-6% rates on them if it wants, the world will buy them, and hide them, afterall bad money replaces good money, they will buy dollars with almost no interest maturing on them? Then what?
curlyq3 on Sat, 23rd Jan 2016 9:48 am
Hello JuanP … Thank You for your contributions here … I value all perspectives … regarding the point of awareness of the foundational lies or “big,fat lies” as you say, I like to consider this event in life as a great moment of achievement … it is a level of awareness that you are in control of your perceived comfort zone and no longer rely on the external dogmas … it would seem that all life forms respond to their perception of comfort, both the physical and emotional … our perception of comfort is what moderates the degree of effort involved with our “Need and Want” existence … I have a good friend I joke around with regarding comfort … she says “I don’t think I could stand living in a cave” … it is clear though that the opportunity to have a cave for shelter is much more desirable than being exposed to the elements and things that might think of you as their next meal! … I agree that it is frustrating when you reach the level of independence from the “Social Script” while those around you might continue to rely on it for their physical and emotional needs and wants in life … it does not need to be a hierarchy of disciplines but I found that at this stage love and patience for others is where I must direct my energy … I will be honest with you, it is easier to isolate yourself from the the less aware than to tolerate all that bullshit! LOL!
curlyq3
Baptised on Sat, 23rd Jan 2016 11:42 am
I really like your statement curlyq3.
Apneaman on Sat, 23rd Jan 2016 12:44 pm
curlyq3, very insightful. What is especially difficult is when some of the less aware are ones family and are, by and large, decent people, yet blind. I find an extra large scoop of the absurd helps too. Apes are fucking hilarious.
Another Northwest Resident on Sat, 23rd Jan 2016 1:50 pm
“Apes are fucking hilarious.”
Except for the other times when they’re blood thirsty savages that will murder men, women and children for whatever suits their purposes or even just for fun.
http://www.latimes.com/science/sciencenow/la-sci-sn-early-human-violence-20160121-story.html
Davy on Sun, 24th Jan 2016 5:59 am
A BBC reporter with the Russian Military press and his experiences and interpretations.
‘Syria conflict: Russia’s build-up looks long-term”
http://www.bbc.com/news/world-middle-east-35391241
“When Moscow launched its air campaign in Syria, it made it clear this would be a temporary operation. But nearly four months on, there is no sign of Russia winding down offensive operations.”
“My overwhelming impression from these last four days is that Russia’s military operation in Syria and its military presence are looking increasingly long-term. President Vladimir Putin promised the Russian operation in Syria would be ‘limited in time’. But right now, there is no end in sight.”
shortonoil on Sun, 24th Jan 2016 8:15 am
Over the last 30 years Saudi Arabia has sold $3.2 trillion in oil to the rest of the world. Now where exactly did the $8 trillion come from? I call absolute total bullshit on this one!