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During the Open Mind Conference in Copenhagen, Denmark in 2017, the organizers recorded an interview with James Corbett about his presentation, Echoes of WWI: China, the US, and the Next “Great” War. This is that interview.
VIDEO COURTESY: OpenmindconferenceDK
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This has aged rather well, James. Combine it with the recent Lula interview by Pepe Escobar about BRICS and we can see the geopolitical struggle quite clearly.
https://consortiumnews.com/2019/09/01/brics-was-created-as-a-tool-of-attack-says-an-imprisoned-lula/
One thing I find rather strange is the sanction regime by USA. This is *forcing* other countries to establish trade mechanisms which avoid the US dollar. Maybe I’m thinking checkers while they’re thinking chess, but it does seems a little counter-intuitive.
All the best!
Hugo and Stronghorse; viva Pepe Escobar. That was very informative and reveals the scichzophenic nature of global diplomacy especially the USA Clinton State Dept. and those who Clinton represented at that time. Lula better have some suicide protection cause he sounds so depressed. Nice piece of news here. Say a prayer for Pepe and Lula, and might as well throw in Alexandre and the whole Amazon
basin orchestra.
Hugo,
Thanks so much for that Pepe Escobar article/video regarding BRICS, Brazil and insights about what went on behind the scenes.
It becomes very evident that the U.S. bullied its way to the table on the BRICS issue, and in my opinion/conjecture probably sabotaged BRICS enough to remove any threat to the U.S. Dollar.
Also evident from this article is the Chinese vs U.S. hostility.
EXAMPLE: …And then there was this Chinese, a negotiator, he was so angry at Obama, he was standing up, speaking in Mandarin, nobody understood anything, we asked for a translation, Jiabao did not allow it, but the impression, by his gesticulation, was that the Chinese was hurling all sorts of names at Obama, he talked aggressively, pointing his finger…
EXAMPLE: (Trying to demonize China before the world)
…(Lulu)I arrived at COP-15 and there was a list of people requesting audiences with me – Angela Markel, Sarkozy, Gordon Brown; Obama had already called twice – and I didn’t know why I was important.
What did they all want?
They all wanted us to agree, at COP-15, that China was the prime polluting evil on earth.
Sarkozy came to talk to me with a cinematographic assembly line, there were 30 cameras, a real show: Lula accusing China.
Then I had a series of meetings and I told them all, ‘Look, I know China is polluting. But who is going to pay for the historical pollution you perpetrated before China polluted?…
Hugo, Again, thank you for this article.
From its insights and by its extension, it reaffirms what all of us Corbett Report Members have always suspected about the “behind the scenes political landscape”.
You all have set me to thinking. On the northern border of Brazil which countries are building deep water ports? How do you go about prying the lid off such things. I know Guyanas, French and English have been in dispute with Venezuela over much of the coast east of the Orinoco river. A new port has to be accommodating for you know who to have a beach head for access to the interior. That is of course if what Pepe says about Brazil being internationalized at the barrel of a gun in the future. May be a good Q4Corbett.
It doesn’t seem a stretch if Venezuela falls so will Brazil.
World War 1 & the Stock Markets & Currency Exchanges
The above topic kind of syncs with Corbett’s recent article of August 31, 2019 “Another Conspiracy Confirmed: How the Plunge Protection Team Rigs the Markets”.
Here is one article. I don’t take it as Gospel, but it probably contains some basic information.
“Desperate Traders Managed To Keep Trading During The World War I Stock Market Shutdown”
https://www.businessinsider.com/world-war-i-impact-on-markets-2014-8
EXCERPTS
…At the beginning of 1914, capital was free to flow from one country to another without hindrance. All the major countries of the world were on the Gold Standard, and differences in exchange rates were arbitraged through the buying and selling of international bonds listed on the world’s stock exchanges.
A country such as Russia would issue a bond that was listed on the stock exchanges in London, New York, Paris, Berlin, Amsterdam and St. Petersburg. Differences in exchange rates between countries could be arbitraged by buying and selling bonds in different markets.
In effect, this made European stock exchanges a single, integrated market…
…Traders throughout the world could sell bonds and shares instantly, and it was the fear of massive selling, and the impact this would have on global markets that led to the shutdown of European exchanges (circa July 1914). There was a concern that investors would try to repatriate their money leading to massive selling, a sharp fall in prices, and large amounts of capital flowing out of one country and into another…
(Other concerns are mentioned, such brokers covering funds with credit until settlement dates.)
…World War I destroyed the global integration of capital markets. The Gold Standard never returned despite attempts after the war to revive it. The system of issuing bonds and shares internationally failed to recover from the war, and stock exchanges listed fewer international shares. The ownership of stocks and bonds from other countries shrank dramatically…
…After the war was over, financial markets had to deal with the dislocations created by the war: inflation, increased government debt, reparation payments, the Russian Revolution, the creation of new countries, England’s failed attempt to return to the Gold Standard, the stock market crash of 1929, the Great Depression, debt defaults, competitive devaluations, the concentration of gold in France and the United States and a hundred other financial repercussions that resulted from World War I….
Thank you Home Remedy!
This should be considered as somewhat important
China and Iran flesh out strategic partnership
Staggered 25-year deal could mark seismic shift in the global hydrocarbons sector
https://www.petroleum-economist.com/articles/politics-economics/middle-east/2019/china-and-iran-flesh-out-strategic-partnership
$5,000 GOLD!!
Be careful what you wish for.
…”Echoes of World War 1″
Canada’s billionaire and peace activist, Frank Giustra does not own traditional “stocks” like many investors.
He has many holdings in gold.
In this rare recent Kitco interview, Giustra points out
Be careful what you wish for, because if things play out the way I predict they are going to play out, this is going to be a very ugly world to live in…
…what's ugly?…
…and with those things comes…geopolitical conflict and social conflict…
…a lot of people should dust off the history books…."
QUEUED VIDEO (a few minutes)
https://www.youtube.com/watch?v=BnTHFGS58iE&feature=youtu.be&t=13m54s
The Future of Conflict
What Does China’s Rise Mean for the World? by Frank Giustra
December 3, 2015
https://medium.com/the-future-of-conflict/what-does-china-s-rise-mean-for-the-world-881f5e83a976
EXCERPTS
It seems our world is as unstable as it has ever been. There are brewing conflicts everywhere, in many cases interconnected and with such a cacophony of players that even seasoned diplomats are confused…
…Many of these conflicts have the potential to flare up into truly global problems…
…Over the longer term, however, I am more concerned with the type of tectonic shift in world power that only happens every century or so. The contest between the U.S. and China is worth examining in this regard.
Unfortunately, the passing of the baton from one global power to the next rarely happens without a major conflict…
…History shows that when countries are busy trading with each other, there is little appetite for conflict…
…If China stays on track to emerge as the leading global economic power, these questions will take on new urgency. The trends may evolve gradually, and recent signs of an economic slowdown in China may mean that things remain quiet for years. However, if my concern proves correct that one day China will decide to pursue a more muscular foreign policy, it will take the involvement of the entire global community and a lot of luck to prevent a catastrophic outcome.
Peter Grandich, author of “Confessions of a Former Wall Street Whiz Kid”, is also interviewed by Kitco following Frank Giustra. Peter, like Frank, also does not own many traditional “stocks”.
Although Peter Grandich is on the other side of the political aisle as Frank Giustra, Peter re-emphasizes the points that Frank made during his Kitco interview.
https://www.youtube.com/watch?v=NHVZcJsrBiA
“Canada’s billionaire and peace activist, Frank Giustra”
That is one description for him.
” An ugly, Bre-X-style gold mining scandal caused by others was singeing his feathers and creating what he describes as “internal conflict” at Yorkton Securities Inc., the Vancouver-based brokerage he headed.”
https://nationalpost.com/news/canada/furious-b-c-magnate-says-hes-caught-up-in-vicious-smear-campaign-against-clinton-charities
Clinton donor – uranium1 gate participant – panama papers, the list goes on.
https://twitter.com/IKN_Mark/status/1169287772668121089
Personally, I would rather to listen to investment advice from Bernie Madoff.
Ukdavec,
I understand.
And I am fine with your opinion.
Prior to posting, I ran some research about Frank Giustra. I saw some of the stories, especially the Hillary related.
However, I saw a lot of information about his concerted efforts to reduce conflict and to aid those affected by conflict and hardship along with his efforts to better conditions.
I support peace.
Strongly.
And I strongly support those who advocate peace over war.
During the Bush era and then into Obama, our 9/11 Truth Group often participated in peace related events sponsored by the Left.
Of course, now-a-days, the Left has forgotten about peace. They are more concerned with gender, climate change, and giving ‘regular people’ free money.
Also, it has been my experience that when people have a substantial amount of money, they become a target. A target for dissing/gossip and a target to extract funds from. The more money, the larger the bullseye.
I have no qualms supporting a very rich guy who sincerely desires peace.
EXCERPT from the first mentioned article:
“There’s a thing called Sole Food, which I funded, all of it,” Giustra says before leaving the boardroom. “It’s an urban farm business here in Vancouver. They’re creating urban farms in empty parking lots. I put up all the money for it. Half a million dollars.”
He pauses. “Didn’t get much credit for it, but whatever.”
No worries – for me this is all about information exchange rather than forcing my opinion down someones throat.
Frank is joining a long list of billionaires who are suddenly becoming benevolent with their economic and social insights – Ray Dalio being one of the more prominent.
Perhaps we are very close to the reset?
I track with ya buddy.
“…close to the reset?” Perhaps so. These are such interesting times…We are seeing so many things occur which are “not of the ordinary way”.