True or not, Germany see itself as the Leader of the E.U. and many governments have said Germany is the economic engine of Europe. “How goes Germany, so goes Europe”.
So what’s REALLY going on in Germany?!
Is Germany Under Attack?
“Made In Germany” pride may take an international hit.
Specifically Germany’s banking industry is facing severe challenges and there are hints that some entities inside Germany are at odds with the “Western BLOC” Geopolitical Leadership.
Is it a combination of (dominoes) China’s economic slowdown, Germany’s slowdown, soon to become Europe’s …
- Deutsche bank’s woes
- Bundesbank’s repatriation of their GOLD
- Volkswagen’s scandal (U.S. pulled the carpet…) and German prosecutors are looking into possible criminal fraud
- German Industrial Production Collapses by 4%…
- Germany’s fence straddling when geopolitics moves against Russia (A important commerce trading partner); obviously Germany desires peace and economic trade with its Easterly neighbors.
- Some conservatives in the Western BLOC may attempt to coerce Germany to remain within the U.S.-NATO strategy that attacks Russia, while the USD is monetarily discredited by the emerging markets.
- How can Germany deal with War Refugees?
*Side-NOTE: The Russian complexity is important and the U.S. led sanctions failed, (the U.S. greatest fear is of a China-Russia Formal Alliance), Russia has international borders with 16 sovereign states, including two with maritime boundaries (US, Japan)…
If You Didn’t Know The USD-Bretton Woods System is DEAD
Of course the details are hidden secrets and plans to reform the international monetary system are discussed behind closed doors, but we piece together the jigsaw puzzle from institutional forums and documents as in their words they seek “world financial stability”. -Something That has Never Existed since the creation of money.
The last cog from the Post WWII Bretton Woods Agreement was the U.S. Dollar consensus, and it is now broken.
What nations want to rebuild the U.S.Dollar Empire?
Who Trusts the PNAC Neocons promoting U.S. Military supremacy?
Cheney and G.W. Bush (Iraqi invasion) destroyed that international support (for the U.S.-NATO police force), and later the 2008 collapse destroyed the international monetary consensus for Washington’s King Dollar.
(I am thinking many in Germany are aligning with the emerging markets’ consensus for SDR and the inclusion of other currencies into the reserves, as Pres. Obama Fails to garner international Trust.)
Remember China’s call to De-dollarize the world, with Russia, the other BRICS members with a consensus of emerging economies agreeing that Bretton Woods is dead and it is time to move away from the U.S.Dollar.
The G-20 nations and IMF agreed on reform (in 2010), however the U.S. has reneged on that agreement, or have simply failed to complete its side of the agreement. You have heard the Chief of the IMF, Christine Lagarde, on several occasions state her displeasure that the U.S. Congress has not voted on the agreement. The opinions expressed are that the U.S. does not want to diminish its top position with IMF Veto power and other international financial levers.
“NEWS AND VIEWS FROM THE NEFARIUM OCT 8 2015”
Video posted 08 Oct 2015
Did Germany’s Bundesbank just start playing hard ball with its gold repatriation issue?
Here’s the (short but highly suggestive) article:
“Germany made a 2,300-page list detailing every single bar of gold it owns”
WOW, Deutsche Bank to Post 6.2 Billion Euro Loss for 3rd Quarter!
That is a staggering (7 Billion) loss on a quarterly basis.
What will [non-German] institutional investors do?
Video posted 07 Oct 2015
The bank may cut or eliminate dividends…
Volkswagen’s CEO and President Apologize!