Global outlook scary

Soaring debt bodes ill for all

By John Twigg

It's "Super Tuesday" in the U.S.A. today and that's a good opportunity to take a glimpse of where we're at regarding the security of British Columbia in an increasingly turbulent world.

Does it really matter who wins the nominations for the Democratic and Republican parties? Well of course it does, because the various candidates have such a wide range of policy platforms and other orientations, even some extremist ones of both left and right, but on the other hand it may be too late for any new President to first save the U.S. from another financial crash and/or second to save the world from a third world war that if or when it happens is likely to fulfill the prophecies of Armageddon.

Many liberal-minded people of course are increasingly panicked by the prospects of billionaire Donald Trump winning the Republican nomination and then becoming President because he is such a loose cannon both verbally and literally that he is quite likely to go to war militarily, but on the other hand he's a populist who probably would do some good things too such as trying to stop all the crime that's entering from Mexico and trying to slow the spread of ISIS out of Iran but it's unlikely he would clean up Wall Street.

But let's remember that the U.S.A. is a tri-cameral democracy with lots of checks and balances so even a Trump Presidency would be somewhat constrained. Indeed the U.S. may now be ungovernable, especially given how so many state and local governments have become dysfunctional and overly indebted.

Meanwhile many conservative-minded people are fearful that Democrat Hillary Clinton could win her party's nomination and go on to be a formidable campaigner even against populist Trump, and if she won that contest she could prove to be an even greater terror because she'd probably be able to control and cajole Congress and of course she'd be beholden to the financial moguls of Wall Street and other influence-peddlars who have donated literally billions of dollars to her various past campaigns and appear to be doing so again .

While critics are quick to criticize Trump's rather thin list of policy changes he'd make, Clinton has been getting a free pass from the liberal media on the many scary things she might try to do too, such as pandering to trade unions and expanding quotas for minorities, but what she will not do is clean up Wall Street and nor would she get around to properly investigating the mounting evidence that it was not only a cabal of crazy jihadis who pulled off such an intricate and massive scam as 9/11 (as is evident from the list of parties who enabled and benefitted from the 9/11 event, notably defendants in some corporate crime cases who saw their cases abandoned in the ashes of pulled-down WTC-7).

Indeed a Trump versus Clinton election campaign later this year would be quite entertaining for the media and pundits, selling lots of ads on TV news and maybe even help sell a few extra newspapers and magazines, but for political scientists and other well-meaning players it would be a nightmare of extremes with perhaps no one emerging as a real winner.

In fact while this was being written Trump let loose with a devastating smash at Clinton, alleging she's too weak to negotiate with the Chinese and anyway her corrupt past actions should disqualify her from running.

Sanders, Carson both viable alternatives

Ironically both the Democrat and Republican parties have at least one candidate each who appear to be honest, smart and likely to govern well in the broad public interest if they were to get a chance, which is one reason why I and many others will be closely watching the results of Super Tuesday and subsequent delegate-selection meetings.

For the Democrats, Bernie Sanders is a great hope, a genuinely likeable guy who's also an anti-war activist, long-time independent and self-described democratic socialist. Even though he'll turn 75 in September he appears to have enough energy and  populist money to run a strong campaign.

For the Republicans, Dr. Ben Carson also is a great hope, a retired neurosurgeon who rose from the depths of poverty to become a highly-regarded author and community leader with a lengthy and detailed list of policy platforms. He will turn 65 in September and meanwhile has been working hard to get up to speed on policy areas such as foreign affairs.

Though Carson, a Bible-reading Christian, is at only 10% among Republicans he is promising to stay in the contest until the end, which he explained in an eloquent essay for Fox news that is available via his website  https://www.bencarson.com/ , and thus might emerge as the best alternative to Trump, which could be a lucky spot for him or anyone to be in if or when Trump self-destructs.

If neither Sanders nor Carson emerges from the primaries as a viable candidate the odds increase that an independent candidate will come forward as a moderate, particularly popular former New York City mayor Michael Bloomberg who at age 73 apparently also still has plenty of energy to run and like Trump he's an independently-wealthy billionaire and so not as beholden to influence-buyers as the Clintons are (who have become merely multi-millionaires from speaking fees and other kickbacks to their Foundation ).

Mounting debt problem 

However it may not matter who wins the race to become the next POTUS because the U.S. has such mounting debt and many other structural problems such as underfunded pension plans and chronic inner-city crime, not to mention all the graft and corruption, that it may already be beyond repair.    

Indeed the various graphs of U.S. indebtedness show an alarmingly steep jump in recent years regardless of whether it's gross or net debt or percentage of GNP.

This year the Federal debt will increase by more than $1 trillion to $19.4 trillion, an amount so large it is beyond comprehension

As the usgovernmentspending.com website notes, "Viewed as percent of GDP the increase in federal debt is not so startling. But federal debt has still increased from 60 percent of GDP to over 100 percent of GDP in ten years."

As bad as the Americans' situation is, the recent shifts in exchange rates suggest that conditions are even worse in almost all other countries, such as China trying to use exchange controls to limit its capital outflows (as rich insiders race to grab real estate in safe havens like Vancouver), Japan resorting to negative interest rates and Europe such a mess of contradictory impulses that Germany is being over-run with migrants and the United Kingdom will soon vote on whether to stay in or leave the European Union, with France, Spain, Italy and Greece all hamstrung by mounting deficits and debt.

And then of course there's the war in the Middle East, temporarily in a peace pause in Syria but riven with revolts and religious clashes in dozens of other countries from Pakistan to Libya - all with Russian President Vladimir Putin entrenching his military bases in Crimea and Syria.

As a column in the Gold-Eagle Newsletter recently observed, we are witnessing "exponential craziness" including the sharp rise in the U.S. debt.

Or as awarding-winning investment analyst Mark Leibovit told Michael Campbell on Money Talks on CKNW on Jan. 30 this year, "We're dealing with rigged markets worldwide." The item is no longer on CKNW's audio vault but it can be found here by going to the Jan. 30 editorial and scrolling to 12:30 .

While that brief interview didn't get into too much detail about just how the world's investment markets are "rigged" it is unfortunately fairly well-known by lots of smart people like Bloomberg and the backers of Hillary Clinton and yes probably Donald Trump too, who has learned well how to use the bankruptcy laws.

But it's not only the cabals of very large private financial institutions that rig things and use super-fast computerized trading programs to profit from massive trades in currencies and commodities, it's also the privately-controlled central banks that manipulate money supplies and interest rates - with little or none of it to the advantage of small-fry players.

Global conspiracies abound

Indeed there are global conspiracies even beyond the scope of James Bond movies like Spectre, in which cabals of wealthy and vested interests use systematic blackmail and other ploys to manipulate public policy and who/which enrich themselves by betting on the outcomes of murderous conspiracies, several of which are alleged on the website www.AbelDanger.net .

A frequent tactic is to entrap targetted figures in cooked-up sex scandals, which is how French banker Dominique Strauss-Kahn was ousted. As Wikipedia reports, "At the time of the alleged attack, Strauss-Kahn was the head of the International Monetary Fund (IMF) and considered to be a leading candidate for the 2012 French Presidency. Four days after his arrest, he voluntarily resigned his post at the IMF. There was widespread speculation in France after his arrest that he was the victim of a conspiracy."

One of the more amazing theories of who did 9/11 and how is detailed in a recent issue of Abel Danger's newsletter viewable here - which is especially interesting because it alleges that both the Clinton and Trump camps were in some ways complicit! However many others may have been more involved.

I am of course well aware that many people, even regular readers of my columns, are dismissive of any and all conspiracy theories and especially of such seemingly outlandish ones, but like a voice crying in the wilderness I hereby warn you to not dismiss something you haven't fully researched yourself. I've been following the works of these folks, David Hawkins and Field McConnell, for about 20 years now so I know they rarely get their facts wrong and have never been successfully sued for libel. Further info here .

And now I'll take a step even further and point out that 9/11 is well described in several Bible prophecies, notably Revelation 18, especially verses 16 to 19:

Revelation 18
16 And saying, Alas, alas, that great city, that was clothed in fine linen, and purple, and scarlet, and decked with gold, and precious stones, and pearls!

17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,

18 And cried when they saw the smoke of her burning, saying, What city is like unto this great city!
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas, that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

How could something written 2,000 years ago be so accurately prescient? Certainly not by random chance.

And that's not all! An even older explanation of why it happened can be seen in Daniel 9:11 (the Israelites abandoned God's commandments) and another allusion to it is in Amos 7:9 ("the high places of Isaac shall be desolate"). [It helps to understand that if you realize the Americans and other Anglophones are the main modern-day inheritors of the birthright promises made to Abraham, Isaac and Jacob/Israel in Genesis 48:16.]
And finally (at least for this list) the whole situation is summarized again in Amos 9:9-11 [notice the numbers!] which say:

Amos 9

9 For, lo, I will command, and I will sift the house of Israel among all nations, like as corn is sifted in a sieve, yet shall not the least grain fall upon the earth.

10 All the sinners of my people shall die by the sword, which say, The evil shall not overtake nor prevent us.
11 In that day will I raise up the tabernacle of David that is fallen, and close up the breaches thereof; and I will raise up his ruins, and I will build it as in the days of old:

B.C. should boost self-sufficiency 

So in that troubled milieu the best thing British Columbia can do (after repenting towards God and accepting Jesus as saviour) is to enhance its self-sufficiency in central and essential goods and services and provincial social stability - regardless of whether or not each person chooses to accept or reject the Bible stuff (and by the way The Bible teaches that each human has the gift of free will, including the right to be irreligious, although The Bible suggests that could have negative consequences in the long run!).

For B.C. that should include a revival of "public banking" or in other words restarting the Bank of B.C. and enabling it to issue a currency that would enable citizens to maintain commercial activities even if or when the madness of the world leads to a wave of financial and economic and currency collapses and a renewed rise of wars which are so clearly foretold in Ezekiel 38 and 39, Daniel 9 and 11 [there's those numbers again!] and Revelation 9, 11, 12, 13 and 16 ("Armageddon") - among many other scriptures, of course.

But there's so much else that B.C. could and should do but so far isn't, which has been discussed in previous issues of this blog and will be discussed anew in months ahead leading to the truly pivotal election of 2017.

As this was being finished it was looking like a good night for Donald Trump, who was promising to stop Nabisco from moving to Mexico and stop other corporations from moving elsewhere by lowering taxes, and to make Apple return its manufacturing from China, and he was doing so in a quite calm and reasoned manner.

It also was a strong night for Hillary Clinton who gave a rhetoric-laden speech that used all the best buzz words to pander to all the lefty cliques, even hypocritically promising to "hold accountable all the people and corporations who rip off taxpayers" - but some of the also-rans in both parties also won enough votes to maybe stay around a while longer.

But now it's looking like the world will face a months-long war of words between Trump and Clinton, one of whom probably will become President.

God help us. And God bless British Columbia with peace, order and good government.