F. William Engdahlinfo@williamengdahl.comvia aweber.com
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Dear Readers,
For this installment of my geopolitical newsletter I want to share with you something I wrote a while back on the political background, in fact the geopolitical background to the 1929 Wall Street stock market crash. With global financial markets today, ten years following the mega-crash of 2008, again on what looks to be yet another meltdown, it is useful to look at the active role the then-fledgling Federal Reserve played in deliberately creating the preconditions for the 1929 “Great Crash.” That event led to a domino-style contagion that brought Continental Europe into bank failures and depression and a wave of fascist governments from Italy to Germany. My years of research convinced me that no major financial market “crash” has taken place in at least the United States since creation of the Federal Reserve in 1913 that was not deliberately brought on, regardless of what excuses they offer, by deliberate Fed actions. Today the Fed has begun a step-wise rising interest rate strategy that already is causing am emerging market chain-reaction collapse. Many expect it soon to spill into the advanced markets of the EU and Asia. The case of the 1929 events is very relevant to the situation of today.
I want to thank you for your reading of my works and if this subject is of interest you might consider buying my book, The Gods of Money. Otherwise I am very grateful for any support you might want to give via my paypal account at the top of my webpage, www.williamengdahl.com.
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