The Final Flush Is At Hand!
Bill Holter | Jim Sinclair's MineSet
Sep 27, 2015
http://bit.ly/1P0Bsks

[snip]

Outright financial collapse, chaos and most probably war is not only in sight, it is imminent and unavoidable now. Normally I try to write and support my conclusions with current or past events via links to news. For this writing, because of the length and scope I don’t plan to do this. It will be assumed that you as the reader have already heard of or read evidence of what is put forth as connectable dots.

This past week, the following article was forwarded all over the internet:

If Deutsche Bank Goes Under It Will be Lehman Times Five! as Deutsche Bank is “all of a sudden news”. Maybe this is a “German thing” with the latest out of Volkswagen? Deutsche Bank is not “all of a sudden”, they have been a derivatives monster for years and were saved in 2008 with part of the $16 trillion the Fed generously sprayed all over the world. The title suggesting DB will be the equivalent of five Lehmans is on the right track but not nearly severe enough. They are tied with JP Morgan as THE largest holder of derivatives in the world. Should Deutsche Bank fail, EVERYTHING FINANCIAL FAILS! It can even be said, “the entire world is Lehman” just waiting for their credit line to be cut 48 hours before complete failure.

What we are looking at now it “the FINAL FLUSH” of the Western financial system. The Federal Reserve has lost all credibility. This has followed both the Bank of Japan and European Central Bank being seen as hopelessly neutered of the ability to support the system. Confidence was THE very last “hope” and the Fed gave even that away last week. Of course the mainstream media chimed in on Friday saying the “market was up in the hopes of a rate hike in December”. Really? Are we to believe a tightening of credit is a good thing for a system buried in leverage and being dogged with liquidity drying up? This is like saying a flame thrower is the best tool for the California fires?

Money Velocity has crashed and so has global trade. Leveraged commodity trades have blown up and left many sectors dysfunctional. Has anyone stopped to think who (other than the sectors themselves) stands to lose with $45 oil? Maybe the lenders? Would this not tighten credit even further? Why do a dozen “advanced” economies already have stock markets in bear (minus 20%+) market territory?

Geopolitically we have watched as West has lined up against East militarily in many spots all over the world. The short list includes the South China Sea, Ukraine, Yemen and of course Syria. Russia began the build up militarily several weeks back along the Ukraine border and more recently inside Syria. Now China is reportedly sending hardware to Syria including ships. These are not bluffs as active fighting already exists. Can the U.S. actually “win” in any of these arenas in conventional war? It’s OK, you know the answer in your own mind, you also know what the alternative to losing conventionally is.

Before going any further I must ask you this question. Does the rule of law exist in the United States anymore? How many bankers went to jail over the blatant fraud in banking, real estate/mortgages? How many brokers went to jail for stacking MBS securities with guaranteed defaults while betting against the pools? How many exposed frauds within the Obama administration have gone un punished or even investigated? Do we really have three branches of government?

Congress (Republicans) has done NOTHING they said they would when the public kicked out the snakes last November…only replaced by new ones apparently. The presidency has purged the armed forces of any conservative leadership and placed “czars” at the top of new and old agencies, what’s up with this?… which leaves the Supreme Court. They now effectively “write law” as they “interpret” ALL law. The Supremes will never see a duck as a duck and will write interpretations declaring the Sun full in the sky at midnight …final ruling and no appeal! “We the People” are screwed!