It Can't Happen Again, Not

By Ron Holland

Look Back for the Future in Europe and America!

"The Euro Titanic has now hit the iceberg and sadly there simply aren’t enough lifeboats." ~ Nigel Farage, United Kingdom Independence Party

American investors should study their history and get ready for a fast replay of an Internet style version of European history during 1919, 1931 and 1933 that could transpire quickly over the next year.

Back on June 28, 1919 the Treaty of Versailles was signed burdening Germany with an unmanageable debt load that was not officially paid off until September 30, 2010. Depression, hyperinflation and institutional collapse followed, culminating in the rise to power of Hitler in 1933. Currently many nations in the EU, nominally headquartered out of Brussels but fronting for the German banks and Merkel in Berlin, are now in a similar debt position.

Versailles, France and Brussels, Belgium are only 173 miles apart but even the controlled press cannot hide the parallels of a desperate political and financial establishment or the fear running through most of Europe. History is getting ready to repeat itself and peoples and nations will once again be devastated by a depression born out of hidden excesses by banking elites and an unbearable level of sovereign debt created by "bought off" politicians.

Whether the effects of a worldwide depression will again be countered by another world war is the only real question facing the world today. I believe the failed European Union is going down and this will be only a precursor to an identical economic collapse by the American Union. Of course the power elites will attempt to use the real or manufactured crisis as a pretext to expand the EU but I don’t believe they will succeed. The speed of events and flow of alternative news renders their old style propaganda powerless to keep up with and control public opinion today.

The financial world is watching with disbelief and shock as the European banking and political elites do the daily shuffle in a veiled attempt to hold together a forced, non-elected European Union. While it continues to come apart at the seams due to excessive sovereign debt and failing austerity measures rendered meaningless by an explosion in fiat currency creation not seen since the days of the German Weimer Republic.

We are indeed seeing a latter-day replay of the infamous Treaty of Versailles debt load forced on a defeated German nation in 1919 now levied on the entire European Union and this time Germany will be the winner. Maybe turnabout is fair play but I fear the long-term consequences could be as tragic as what the victorious allies did to a prostrate German nation that led to the rise of National Socialism and Adolf Hitler back in the 1930’s.

Germany’s Revenge

As was the case in 1919, 93 years ago, the banks and the power elite are seeking profits, gold and wealth at the expense of bankrupt and defeated nations but this time Germany is getting it’s revenge. In 1919, the victorious and "righteous" allied politicians that had earlier forced the United States to enter the war in 1917 in order to forestall a German victory so the American banks and arms industry could get their loans repaid and avoid bankruptcy are this time on the receiving end. I believe Germany will bailout the EU nations, at the last minute, but at the price of their gold reserves, control over economic policies and veto threat even over elections in the individual nations.

Fear of A Repeat Credit-Anstalt Event

In May of 1931, the historic Credit-Anstalt Bank in Vienna, founded by the Rothschild family in 1855, collapsed. This in turn caused banks and companies across Europe to go under in a domino inspired panic. This collapse destabilized Europe far more than the Wall Street Crash of 1929 and over time destroyed European confidence and belief in political and financial institutions. The result was the rise in nationalism, fascism and ultimately World War II.

Americans don’t really know European history but the people of Europe do and this is why the elites are so determined to avoid another banking panic and collapse at any price. The problem for them is the expensive bank bailouts may well bring an even more destructive threat to Europe – hyperinflation. Again, we know what happened in Germany.

Will Fascism Come To America?

The EU and the banking elites may well succeed in their efforts but the losers will ultimately be the sovereignty of individual nations and the wealth, freedom and prosperity of Europe. This problem will likely jump the Atlantic and an inefficient fascism like what took place in Italy combined with a nationalistic foreign policy like the German Reich does not bode well for the United States.

Following the Bush and Obama administrations the Constitution is left hanging by a thread only waiting for a real or contrived crisis to slam the door shut. The result could be an American financial lockdown of historic proportions by presidential executive order.

Don’t believe for a moment the threatened European bank and stock exchange closures, private gold confiscation, limitations on ATM and bank account withdrawals and international wire transfers will not also happen here in the United States.

A Course of Action

Just as the people of Europe will likely lose much of their wealth, so will Americans who trust conventional managers and exchange traded investment markets so impacted by market, central bank and political manipulation as well as flash and electronic trading and short selling. Wealth security and preservation of purchasing power will likely only prevail in alternative markets like special situation real estate, precious metals and none exchange traded private equity opportunities that provide unique market opportunities.

Take action today for I fear this will not end well for Europe or the United States.
  

Urgent Petition

Sign the petition to stop Social Security Cuts and send a fax to every Member of Congress demanding they cut other spending, NOT SOCIAL SECURITY.
First Name

Last Name

Phone Number

Email

Recent News

Senior poverty is much worse than you think

Tuesday, May 21, 2013
Source: WashingtonPost.com
If you’re an unmarried senior with no dependents, make $15,000 a year, and spend $10,000 of it on medical care, under the official poverty measure you’d most likely not count as poor, as $15,000 is above the 2012 poverty threshold for a single senior ($11,011).
Read Full Story

Medicare Drug Program Senior Health Risk

Sunday, May 12, 2013
Source: Huffington Post
An analysis of four years of Medicare prescription records shows that some doctors and other health professionals across the country prescribe large quantities of drugs that are potentially harmful, disorienting or addictive. Federal officials have done little to detect or deter these hazardous prescribing patterns.
Read Full Story

GOP's Duffy & Gingrey Oppose Social Security Cut

Wednesday, May 8, 2013
Source: Huffington Post
Two House Republicans have told constituents they oppose proposed cuts to Social Security and veterans benefits by reducing the cost of living adjustment. President Barack Obama included the plan, known as chained CPI, in his annual budget.
Read Full Story

Diabetes Advice for the Elderly: Relax

Friday, April 26, 2013
Source: New York Times
Treatments and their risks and benefits play out differently in the elderly population. Diabetes is rarely the only ailment affecting people in their 70s and 80s; most must cope with several chronic conditions, along with their associated medications. That makes keeping blood sugar at reasonable levels a complicated business involving lots of tradeoffs.
Read Full Story

5 Common Misconceptions That Destroy Computers

Thursday, April 11, 2013
Source: Cracked.com
If you have a parent, grandparent, or child just getting into computers for the first time, do the world a favor and teach them these basic misconceptions before you end up getting the call to come over and clean the horse manure out of their processor.
Read Full Story

Salt In The Rationing Wounds

Sunday, April 21, 2013
Source: Land Destroyer Report
The US has announced that it will provide militants in Syria, now openly admitted to being Al Qaeda terrorists, with $123 million in military aid - while cancer care for seniors at home is being rationed.
Read Full Story

He Lied

Friday, April 12, 2013
Source: Huffington Post
(VIDEO) Obama vowed he would never cut Social Security.  Now he is proposing a change in the cost-of-living measure (the so-called "Chained CPI") to do just that, all the while he denies it will cut benefits for current retirees. 
Read Full Story

Oppose Tax Increases To Prevent Social Secutrity Cuts

Source: 
With Obama pushing for cuts to Medicare, Medicaid and Social Security, the best chance of stopping those spending reductions could be the GOP’s blanket opposition to higher taxes. Although GOP leaders insist that entitlement cuts should be a big part of any sweeping deficit deal, they also have been unwilling to concede to Obama’s demand for higher taxes to get them, which could be a deal killer.
Read Full Story

Obama Ready To Cut Social Security

Friday, April 5, 2013
Source: The Hill
President Obama will propose cuts next week to Social Security and other entitlements as part of a renewed effort to strike a long-term deficit-reduction deal with Republicans, the White House said Friday. Obama will embrace a plan — known as chained CPI — that would reduce cost-of-living increases for Social Security recipients through a more restrictive measure of inflation, according to officials first cited by Reuters and The New York Times.
Read Full Story

Congresswoman Mocks Senior Citizen

Wednesday, April 3, 2013
Source: Breitbart TV
At a recent Denver Post editorial board public forum on gun legislation, U.S. Rep Diana DeGette was asked by a male senor citizen how he could defend himself under the new Colorado gun laws. DeGette said, “The good news for you, you live in Denver. The Denver PD would be there within minutes. (laughing) You’d probably be dead anyway.”
Read Full Story
Read All Recent News

Get in the Know Now
Get SSI Email Alerts

First
Last
Zip Code
*Email

Social Networks

 

Action Center