trumpetweekly 2015-07-11
TRANSCRIPT
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JULY 10, 2015
1
BIS Says No Lifeboats Leftfor Next Economic CrisisW
,
saved he world—rom an economic crisis they ailed o
deec or preven and were in large par responsible or. Bu rus
in cenral banks was high and oal eco-
nomic collapse was oresalled a he 11h
hour.
Ye now he Bank or Inernaional
Setlemen (), one o he world’s lead-
ing financial auhoriies, is warning ha
when the next crisis strikes cenral banks
won’ be able o save he day again. The
life preservers have all been used.
The Telegraph called he repor a
“scahing criique o global moneary policy.”
According o he , “[I]n some jurisdicions, moneary pol-
icy is already esing is ouer limis, o he poin o stretching the
boundaries of the unthinkable” (emphasis added hroughou).
“[T]he policy mix has relied … on he very deb-ueled growh
model ha lay a he roo o he crisis,” wroe he auhors.
As a resul, “economic expansion is unbalanced, deb burdens
and financial risks are sill oo high, produciviy growh oo low
and he room or maneuver in macroeconomic policy oo limied.
The repor’s auhors argue ha cenral banks like he Federal
Reserve and he European Cenral Bank are ou o opions o deal
wih an economic crisis. Bankers incessanly cu ineres raes
o deal wih crises, bu his causes oher bubbles o orm. When
he bubbles burs, banks respond by cuting raes urher. New
and biger bubbles resul. Bu oday, raes are near zero—and
acually negaive in some counries. There is no more room o cu
warn he auhors.
Similarly, he world’s cenral banks have expanded heir bal
ance shees o oceanic proporions. They have prined ianic
boaloads o money o preven governmen deauls and finance
simulus spending—and keep economies floaing. Bu now he K A R E N
B L E I E R / A F P / G E T T Y I M A G E S
U.S. Federal Reserve building in Washington, D.C.
ROBERT MORLEY
WE TALKED ABOU T THIS
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exra money and arificially manipulaed ineres raes appear o
be acing like anchors.
Bu he repor may acually be oo opimisic. Afer warning
readers we could be drifing oward an economic maelsrom, he
auhors wrie: “Nohing is ineviable abou his. The problems we
ace are man-made and can be solved by he wi o man.”
Ohers are no so hopeul.
“I expec ha wihin he nex year or wo we will see some
major, major problems in he world financial markes,” warnedamed invesor Jim Rogers jus days prior o he repor. “I sus-
pec … i will cause cenral banks o panic. … By 2016, I am sure
we will all be moaning and groaning because here is going o
come a ime when here is no much cenral banks can do, when
hey have los all credibiliy, when governmens have los all cred-
ibiliy. They will prin and spend and borrow. Bu here comes
a ime when people are jus going o say, we don’ wan o play
his game anymore, and a ha poin, ha is when he world has
a serious, serious problem because here is nohing o rescue us.”
In some o his mos dramaic language ye, Rogers describes
he urmoil he sees coming. “We may conceivably survive one
more big financial problem … a collapse. … I we do, i hey come
up wih somehing o save us his nex ime around, he imeafer ha, boy, here is nohing hey can do hen.
“I suspec he nex economic collapse will be he one hey can-
no deal wih, bu i somehow hey are miracle workers, be very,
very careul and worried abou 2022-2023. The deb game may be
up, i i is no up his ime around.”
Here is wha is so worrying.
There is no major counry in he world ha has less deb oday
han i had in 2008. The Federal Reserve’s balance shee has
more han quinupled. Things are geting much worse. Counries
alk abou auseriy, bu hey all have higher debs. They will all
have higher debs nex year.
The world is ocusing on Greece’s deb. Bu here are many
oher poenial whirlpools. Las week he Unied Saes erri
ory o Puero Rico said ha i was bankrup. Deroi wen bank
rup no long ago. Chicago could be nex. Or Los Angeles. Ripple
effecs could quickly spread hrough domesic deb markes.
Earlier his monh he Congressional Budge Office released
a righening repor on America’s sagering ederal deb, which
has doubled over the past seven years. I warns ha, wihin adecade, ineres paymens could drown he economy. I acion
isn’ aken immediaely, America could ace a deb vorex, say he
repaor’s auhors. Bu America is suck in an elecion cycle.
I seems ha deb levels are desined o surge. And as Greece
Puero Rico and Deroi know, so will he odds o economic disas
er. There could be muliple economic Fukushimas lurking along
he coass.
“[This is] going o affec he lives o every single individual in
he U.S. and many in he world,” Gerald Flurry warned on June
18. “We have o deal wih his quickly, bu a his ime ha deb
jus keeps . … And we’re doing litle or nohing o sop i
o remedy he problem.”
Mr. Flurry coninued: “[W]e have also been elling you closeo 50 years ha he enire financial srucure and sysem o he
Wesern world was going o collapse, and … ha’s prophesied in
your Bible.”
The nex financial crisis is going o be big, and according o
he , here are no more lie jackes lef. Confidence in he
U.S.-cenric global economic sysem is sinking. Trus in bankers
may compleely break wih he nex downurn. I i does, i will
have dramaic effecs. To find ou he biges one, watch this anal
ysis by Gerald Flurry.
Follow Rober Morley
MIDDLE EAST
Is he Muslim Broherhood Ploting o Reake Egyp?Anthony Chibarirwe | July 7
E
ha is as approaching a violen climax.
Tha crisis began wih he Arab Spring and he resignaion
o longime Presiden Hosni Mubarak in 2011; Egyp’s firs ree
presidenial elecion o he Muslim Broherhood’s Mohamed
Morsi in 2012; he miliary coup ha oppled Morsi in 2013; and
he largely unpopular elecion o coup leader Presiden Abdel
Fatah al-Sisi in 2014.
Ever since hose dramaic shake-ups, Egyp has eeered on
he brink o caasrophe. Bu a series o evens in he las hree
weeks appears o have ipped Egyp’s securiy urher off-bal
ance.
In mid-June, when Egypian cours upheld he deah sen
ence iniially imposed on Morsi in May, a documen writen by
AMERICA’S SUPERPOWER STATUS FADES AS GERMANY, RUSSIA, CHINA
AND IRAN RACE TO FILL THE VOID | JULY 10
GO FOR THE GOLD! | JULY 9
THE MURDER OF KATE STEINLE AND SAN FRANCISCO VALUES | JULY 8
https://www.thetrumpet.com/article/12870.34527.0.0/religion/daniel-and-the-hidden-gospelhttps://www.thetrumpet.com/article/12870.34527.0.0/religion/daniel-and-the-hidden-gospelhttps://twitter.com/morleyroberthttps://twitter.com/morleyroberthttps://www.thetrumpet.com/article/12901.19.0.0/trumpet-daily-americas-superpower-status-fades-as-germany-russia-china-and-iran-race-to-fill-the-voidhttps://www.thetrumpet.com/article/12901.19.0.0/trumpet-daily-americas-superpower-status-fades-as-germany-russia-china-and-iran-race-to-fill-the-voidhttps://www.thetrumpet.com/article/12901.19.0.0/trumpet-daily-americas-superpower-status-fades-as-germany-russia-china-and-iran-race-to-fill-the-voidhttps://www.thetrumpet.com/article/12901.19.0.0/trumpet-daily-americas-superpower-status-fades-as-germany-russia-china-and-iran-race-to-fill-the-voidhttps://www.thetrumpet.com/article/12901.19.0.0/trumpet-daily-americas-superpower-status-fades-as-germany-russia-china-and-iran-race-to-fill-the-voidhttps://www.thetrumpet.com/article/12900.19.0.0/trumpet-daily-go-for-the-goldhttps://www.thetrumpet.com/article/12900.19.0.0/trumpet-daily-go-for-the-goldhttps://www.thetrumpet.com/article/12900.19.0.0/trumpet-daily-go-for-the-goldhttps://www.thetrumpet.com/article/12900.19.0.0/trumpet-daily-go-for-the-goldhttps://www.thetrumpet.com/article/12897.19.0.0/trumpet-daily-the-murder-of-kate-steinle-and-san-francisco-valueshttps://www.thetrumpet.com/article/12897.19.0.0/trumpet-daily-the-murder-of-kate-steinle-and-san-francisco-valueshttps://www.thetrumpet.com/article/12897.19.0.0/trumpet-daily-the-murder-of-kate-steinle-and-san-francisco-valueshttps://www.thetrumpet.com/article/12897.19.0.0/trumpet-daily-the-murder-of-kate-steinle-and-san-francisco-valueshttps://www.thetrumpet.com/article/12897.19.0.0/trumpet-daily-the-murder-of-kate-steinle-and-san-francisco-valueshttps://www.thetrumpet.com/article/12900.19.0.0/trumpet-daily-go-for-the-goldhttps://www.thetrumpet.com/article/12901.19.0.0/trumpet-daily-americas-superpower-status-fades-as-germany-russia-china-and-iran-race-to-fill-the-voidhttps://www.thetrumpet.com/article/12901.19.0.0/trumpet-daily-americas-superpower-status-fades-as-germany-russia-china-and-iran-race-to-fill-the-voidhttps://twitter.com/morleyroberthttps://www.thetrumpet.com/article/12870.34527.0.0/religion/daniel-and-the-hidden-gospelhttps://www.thetrumpet.com/article/12870.34527.0.0/religion/daniel-and-the-hidden-gospel
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pro-Muslim Broherhood clerics came o he media’s atenion. I
decrees ha all Egypians are duy-bound o “srive or complee
eliminaion” o Sisi’s “criminal and murderous regime,” and o do
so by “all legiimae means.”
The documen was endorsed by 10 Islamic bodies and hal a
million supporers across he Muslim world.
On June 29, some jihadiss seemingly heeded he call and
responded by killing Egyp’s prosecuor general Hisham Baraka
wih a car bomb in Cairo. Baraka became Egyp’s mos seniorofficial assassinaed since he 2013 miliary coup ha oppled
Morsi. Baraka was known mosly or his prosecuion o Muslim
Broherhood (MB) supporers, and he Egypian governmen sus-
pecs ha his assassinaion was reribuion.
Then, on July 1, nine senior MB leaders were killed in wha
securiy officials said was a regular raid ha escalaed ino an
exchange o gunfire. Securiy officials claim ha during he raid
he MB leaders iniiaed he gun batle.
Whaever he ruh o he mater is, i’s no as significan as
he manner in which he Muslim Broherhood is exploiting his
crisis and he exen o which i migh atain some success in is
radical goals.
The MB declared ha he deahs o is leaders is “a urningpoin ha will have is own repercussions.”
I hen made his chilling call o acion: “Come ou in rebel-
lion and in deense o your counry, yourselves and your children.
Desroy he ciadels o his oppression and yranny and reclaim
Egyp once more.”
Wha makes hese calls significan is ha he MB mainains a
high level o influence on Muslims boh wihin and wihou Egyp
Since he Muslim Broherhood eleced youhul Mohammad
Monasser as is spokesperson in January, he group has been
in revoluionary mode. The younger and more revoluionary
MB members have filled he leadership vacancies creaed by he
imprisonmen o some o he older generaion o he MB.
Following Morsi’s deah senence, Monasser said, “[R]evolu
ion will be ignied, popular anger will increase, and we promise
you unexpeced revoluionary surprises.” He has also issued public calls or a “revoluion ha would decapiae heads.”
On he same day ha MB leaders were killed or allegedly plo
ing erroris atacks, an Islamic Sae-affiliaed milian group
called Sinai Province atacked miliary checkpoins and occu
pied a police saion and a own in he Sinai Peninsula.
Egyp deployed is army and air orce o figh he milians in
a batle ha ook he enire day. Prime Miniser Ibrahim Mehleb
declared ha his counry was officially in a “sae o war,” which
ended afer 17 soldiers and over 100 milians were killed, accord
ing o Egypian Army figures.
Expec he crisis in Egyp o escalae as he governmen con
inues is crackdown on he MB, and he MB coninues o incie
violence and revoluion.Egyp is prophesied in he Bible o all under he umbrella
o he “king o he souh”—radical Islam led by Iran (see Dan
iel 11:40-43). The Muslim Broherhood is seting up Egyp or his
oucome. I’s an oucome he Trumpet has proclaimed or over
wo decades. Reques your ree copy o The King of the South o
undersand why.
Obama’s Nuclear Deal Wih Iran His Snag Over Weapons Buildup
Bloomberg | July 8
I
weapons in a nuclear deal i Russia has is way, making i
ougher han ever or Presiden Barack Obama o sell an accord
o an already skepical Congress.
Russia is pressing o end a Unied Naions arms embargo on
Iran a a ime when he Islamic Republic is already poised o add
poen offensive weapons o is arsenal, wih or wihou a deal.
Analyss, ciing saellie imagery, say he Iranian miliary is on
he cusp o producing armor-busing bombs, a capabiliy ew
naions can claim.
“Par o he reason he adminisraion is going o care abou
his a grea deal is ha Congress will use i,” Gary Sick, a ormer
Naional Securiy Council official under hree U.S. presidens,
said o he Russian bid. “Opponens o he deal will say Iran has a
ree hand o develop anyhing i wans.”
Negoiaors o six world powers and Iran are in he 12h day
o heir laes bid o craf a final agreemen, having given hem-
selves an exension beyond Tuesday’s deadline. Russian Foreign
Miniser Sergei Lavrov said ending he UN weapons ban was he
only major sicking poin on he sancions relie Iran demands as
he price o a nuclear pac.
“I is essenial o reach an agreemen on lifing he arms
embargo as soon as possible,” he old reporers a alks in Vienna.
Giving Iran access o weapons o comba errorism “is a very
imporan ask,” he said. [Edior’s noe: The U.S. Sae Depar
men labels Iran he world’s leading sponsor o error.]
Russia also plans o sar supplying S-300 aniaircraf deense
sysems o Iran his year over U.S. and Israeli objecions, ending a
sel-imposed ban rom 2010. …
Wih or wihou a deal, Iran’s miliary is close o producing
armor-piercing weapons made rom eiher naural or depleed
uranium, an abiliy shared by ewer han 20 counries worldwide
Dewey said.
Alhough convenional and meallurgically dissimilar o
nuclear weapons, uranium-peneraing shells are used agains
anks and oher vehicles. Their high hea and densiy can mel
hrough hick alloys o deposi heir explosives. …
Iran is probably already esing armor-peneraing weapons
sysems, possible using uranium meal, according o Rober Kel
ley, a ormer direcor o he UN aomic wachdog and an ex-U.S
nuclear weapons scienis who used saellie images in February
2015 o analyze he Parchin miliary complex 30 kilomeers (20
miles) souh o Tehran. …
A day earlier, a senior Iranian official said he arms embargo
mus be removed immediaely because i’s “exraneous” o he
nuclear issue. …
WE TALKED ABOU T THIS
https://www.thetrumpet.com/literature/30/the-king-of-the-southhttps://soundcloud.com/trumpethour/when-the-next-global-economic-crisis-hits-it-will-hurt#t=36:58https://soundcloud.com/trumpethour/when-the-next-global-economic-crisis-hits-it-will-hurt#t=36:58https://www.thetrumpet.com/literature/30/the-king-of-the-south
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Vaican Refuses o Le Israe l See Deails of Agreemen Wih Pa lesinia ns
Middle East Monitor | July 8
H T V
requess by Israeli diplomas o see he ex o an agreemen
signed beween he Holy See and he Sae o Palesine wo weeks
ago. The Israeli newspaper quoed a senior official as saying ha
diplomas have atemped o review he ex on our separae
occasions, bu he Vaican declined o give deails abou he con-en o he agreemen. …
“The Israeli Minisry o Foreign Affairs expresses is regre
regarding he Vaican decision o officially recognize he Palesin-
ian Auhoriy as a sae,” said spokesman Emmanuel Nahshon. …
Israel also regres he “one-sided” exs in he agreemen
“which ignore he hisoric righs o he Jewish people in Israel,
he added. “Israel canno accep he unilaeral deerminaions
in he agreemen which do no ake ino accoun Israel’s essen
ial ineress and he special hisoric saus o he Jewish peo
ple in Jerusalem.”According o Haaretz, he minisry is concerned ha he
reay beween he Vaican and he Palesinians conradiced
a similar reay ha already exiss beween he Vaican and
Israel. …
EUROPE
Germany, Greece and he Figh for he EuroRichard Palmer | July 8
F G
zone in wha Der Spiegel called an “economic … Fourh Reich.”
Is power has been asonishing, orcing ou heads o sae and
dicaing he laws o is souhern vassals. No one has dared figh
back. Unil Sunday.
On July 5, he Greeks unleashed a figh or he eurozone,
hreaening Germany’s dominance. Unless here is a quick Greeksurrender, Germany is now engaged in a figh ha will radically
ransorm is power.
Germany has reached he limis o wha i can orce Greek o
do using economic power. The naion is so poor ha hreaen-
ing addiional povery or he uncerainy o a euro exi no longer
holds he error ha i once did. Germany canno conrol Greece
his way anymore.
As Sraor George Friedman noes in his book Flash-
points (emphasis added hroughou): “How does Germany com-
pel repaymen o debs hrough purely economic means? The
logic here leads to either capitulating economically, difficul or
he Germans, or moving owards some sor o poliical opion.
There is in Germany’s realiy a slippery slope where he desire
o work wihin he EU and he desire o work only rom an eco-
nomic sandpoin become unsupporable, and Germany eiher
acceps he consequences o deea in he deb game, or moves
beyond economics.”
For he las five years, Germany has creaed his new reich, no
hrough Ms. Merkel’s desire or conques, bu simply by ollowing
is economic sel-ineres wihin he eurozone.
Germany has wo aims. The firs is o preserve he euro as a
ree-rade zone. I souhern European naions break away, hey
would slow or even block he flow o German goods o heir
counries. This would be a major hrea o Germany’s economy.
The second aim is o proec axpayers’ money. Par o his is
ensuring any bailou money is paid back.
Greece, in isel, is no a major hrea o eiher o hese goals
Is economy is small. The real hrea is ha i could blaze a rail
or ohers o ollow.
These aims led Germany o loan Greece and ohers cash, andhen o conrol how hey spen ha cash, aking over a grea deal
o Greece. Ye now Greece is hreaening boh o hese core aims.
The Greek governmen is prepared or a figh. I Greece plays
is cards righ, i could end up leaving he euro in such a way ha
i leaves all is debs behind or he European Union—which uli
maely means Germany—o pay.
I Greece can ge away wih ha, hen he res o souhern
Europe will ry i oo.
This would be an unmiigaed disaser or Germany. Wih
souhern Europe ou o he euro, Germany’s expor-led economy
would be in major rouble. Unemploymen would soar. A he
same ime Germany would suddenly be saddled wih huge debs
rom oher counries. The German governmen would collapse
as mass proess filled he srees. This is he wors-case scenario
Germany is fighing.
Germany needs o keep Greece paying off is deb. I his
ails, i needs o make no paying he deb so painul ha oher
naions aren’ emped o ollow sui. I needs o preven Greece
rom quiting he euro and hen flourishing, encouraging oher
naions o ollow. Ye i also needs o preven Greece rom leaving
Europe’s sphere o influence or Russia, or any alernaive power
How can i accomplish all his wih only economic power?
Friedman orecas somehing similar o his crisis. “Wealh
BIS SAYS NO MORE LIFEBOATS FOR GLOBAL ECONOMY;
GREECE’S ROLLER COASTER RIDE | JULY 10
GREECE STANDS UP TO GERMANY IN ITS ECONOMIC CRISIS | JULY 9
WE TALKED ABOU T THIS
https://www.thetrumpet.com/article/12906.19.0.0/economy/trumpet-hour-bis-says-no-more-lifeboats-for-global-economy-greeces-roller-coaster-ride-and-morehttps://www.thetrumpet.com/article/12906.19.0.0/economy/trumpet-hour-bis-says-no-more-lifeboats-for-global-economy-greeces-roller-coaster-ride-and-morehttps://www.thetrumpet.com/article/12906.19.0.0/economy/trumpet-hour-bis-says-no-more-lifeboats-for-global-economy-greeces-roller-coaster-ride-and-morehttps://www.thetrumpet.com/article/12906.19.0.0/economy/trumpet-hour-bis-says-no-more-lifeboats-for-global-economy-greeces-roller-coaster-ride-and-morehttps://www.thetrumpet.com/article/12906.19.0.0/economy/trumpet-hour-bis-says-no-more-lifeboats-for-global-economy-greeces-roller-coaster-ride-and-morehttps://www.thetrumpet.com/article/12899.19.0.0/middle-east/iran/trumpet-hour-greece-stands-up-to-germany-in-its-economic-crisishttps://www.thetrumpet.com/article/12899.19.0.0/middle-east/iran/trumpet-hour-greece-stands-up-to-germany-in-its-economic-crisishttps://www.thetrumpet.com/article/12899.19.0.0/middle-east/iran/trumpet-hour-greece-stands-up-to-germany-in-its-economic-crisishttps://www.thetrumpet.com/article/12899.19.0.0/middle-east/iran/trumpet-hour-greece-stands-up-to-germany-in-its-economic-crisishttps://soundcloud.com/trumpethour/when-the-next-global-economic-crisis-hits-it-will-hurt#t=27:31https://soundcloud.com/trumpethour/when-the-next-global-economic-crisis-hits-it-will-hurt#t=27:31https://www.thetrumpet.com/article/12899.19.0.0/middle-east/iran/trumpet-hour-greece-stands-up-to-germany-in-its-economic-crisishttps://www.thetrumpet.com/article/12906.19.0.0/economy/trumpet-hour-bis-says-no-more-lifeboats-for-global-economy-greeces-roller-coaster-ride-and-morehttps://www.thetrumpet.com/article/12906.19.0.0/economy/trumpet-hour-bis-says-no-more-lifeboats-for-global-economy-greeces-roller-coaster-ride-and-more
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wihou srengh is an inviaion o disaser,” he wries. This is
Germany righ now. I has wealh. I has many o he componens
o srengh. Wha i lacks is he mos imporan—srong leader-
ship. Wihou ha leadership marshaling he German poenial
or srengh, i is vulnerable.
Friedman coninues: “A desperae naion will ake desper-
ae acion. When seps are aken agains a rich and weak coun-
ry, here is litle risk. As ani-German, ani-auseriy senimen
rises, Germany, wih vial ineress, invesmens, markes and soon, will become a arge and atacks on is ineress will escalae.
Germany will have a choice o acceping he punishmen or using
its vast resources to transform wealth into power. … Germany will
ace sark choices, and increasing is srengh in all dimensions
will become more bearable han he alernaives.
“Germany will hereore become a ull-fledged power, first flex-
ing its political muscles and in time its military ones as pressures
develop.”
This is he end o he pah Greece has begun by conron-
ing Germany. In he long run, Germany mus eiher give in or
develop real srengh o back up is economic power. Germany
has an economic reich. Bu reichs canno be deended by he
economy alone.As wih so much o his crisis, i may have o ge worse beore
i ges beter. Ordinary Germans will have o eel ha heir finan
cial securiy and sandard o living are under hrea beore Ger
many changes. Ye his is exacly wha he euro crisis hreaens.
Earlier in he euro crisis, Trumpet edior in chie Ger
ald Flurry wroe: “Immediaely afer he Greek bailou was
announced, gold prices soared o heir highes level ever. It
was caused mostly by Germans buying gold. … They are alarmed
because hey know ha Germany will have o carry mos o he
financial burden. The people are earul abou heir uure.“When Germany is srong and he people are alarmed, all o us
should be alarmed—especially in a crisis like his. I you under
sand German hisory, you know ha he Germans are decisive
when acing serious crises. Hisory shows ha hey have repeaedly
urned o a very srong leader o deal wih a poenial or real crisis.”
By sanding up o Germany, Greece is bringing he crisis home
o Germans. I has barely affeced hem so ar. Bu i Germans
see souhern European naions hreaening o desroy he rade
area heir economy relies on, while saddling hem wih hundreds
o billions o euros o exra deb, hey will become alarmed very
quickly.
For more inormaion on where his could lead, read our ree
bookle He Was Right , saring wih he firs chaper, “Is a WorldDicaor Abou o Appear?” Follow Richard Palmer
Greek Crisis Shows How Germany’s Power Polarizes EuropeAnton Troianovski, Wall Street Journal | July 6
M. M
seemingly unouchable, boh wihin Germany and across
Europe. Bu wih he “No” voe in Sunday’s Greek reerendum
on bailou erms posing he biges challenge ye o decades oEuropean inegraion, risks o he European projec resuling
rom Germany’s rise as he Coninen’s mos powerul counry
are becoming clear.
On Friday, [July 3], Spanish ani-auseriy leader Pablo Igle-
sias urged his counrymen: “We don’ wan o be a German col-
ony.” On Sunday, afer Greece’s resul became clear, Ialian pop-
ulis Beppe Grillo said, “Now Merkel and bankers will have ood
or hough.” On Monday, Ms. Merkel flew o Paris or crisis alks
amid signs he French governmen was resising Berlin’s hard
line on Greece.
“Wha is happening now is a deea or Germany, especially, ar
more han or any oher counry,” said Marcel Frazscher, head
o he German Insiue or Economic Research, a leading Ber-
lin hink ank. “Germany has, a he end o he day, helped deer-
mine mos o he European decisions o he las five years.”
Senior German officials, in privae momens, marvel a he
ac ha heir counry, despie is weak miliary and inward-look-
ing public, now has a greaer impac on mos European policy
debaes han Briain or France, and appears o wield more global
influence ha a any oher ime since World War .
Berlin hink-ank elies, diplomas and mainsream polii-
cians generally see he rise o German power as a good hing.
They describe he sabiliy, paience and rules-based discipline
o oday’s German governance as wha Europe needs in hese ur
bulen imes. …
U.S. officials generally see German leadership as crucial geo
poliically, praising Ms. Merkel’s push las year o ge all 28 European Union counries o adop sancions agains Russia over
Ukraine. Bu across Europe, Germany’s power is also sraining
uniy in he EU, an alliance orged as a parnership o equals ha
now is srugling o accommodae he swelling dominance o one
member.
Wih every crisis in which Ms. Merkel acs as he Coninen’s
go-o problem solver, he message o many oher Europeans is
ha or all he lip service abou he common “European projec,
i is he Germans and aceless bureaucras in Brussels who run
he show. …
For several decades, i was he roughly equal andem o France
and Germany ha ogeher called he shos on European policy
Because hey ofen disagreed, heir compromises ypically ended
up as palaable o he res o Europe.
Then a sring o developmens—including widespread opposi
ion o he Iraq war, ormer Chancellor Gerhard Schröder’s 2003
marke-riendly economic reorms and he aboo-breaking sum
mer o flag-waving when Germany hosed he 2006 World Cup—
sared o insill a more confiden sense o naional ideniy in a
counry sill living in he shadow o he Nazi era. Economic prob
lems in France weakened he counry on he European sage
while Briish poliics grew increasingly inward-looking. …
“All o a sudden, Europe speaks German,” Volker Kauder, he
http://www.geraldflurry.com/http://www.geraldflurry.com/https://www.thetrumpet.com/literature/2313/he-was-righthttps://www.thetrumpet.com/literature/read/7094.6.0.2/is-a-world-dictator-about-to-appearhttps://www.thetrumpet.com/literature/read/7094.6.0.2/is-a-world-dictator-about-to-appearhttps://twitter.com/R_G_Palmerhttps://twitter.com/R_G_Palmerhttps://twitter.com/R_G_Palmerhttps://www.thetrumpet.com/literature/read/7094.6.0.2/is-a-world-dictator-about-to-appearhttps://www.thetrumpet.com/literature/read/7094.6.0.2/is-a-world-dictator-about-to-appearhttps://www.thetrumpet.com/literature/2313/he-was-righthttp://www.geraldflurry.com/http://www.geraldflurry.com/
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leader o Ms. Merkel’s conservaives in parliamen, said in a speech
…. “No in he language bu in he accepance o he insrumens or
which Angela Merkel ough so long and so successully.”
Ms. Merkel’s approval raing a home sho up, rom around
40 percen in 2010 o 70 percen in 2013, a range where i has
remained. A years-long rerain rom German poliicians helped
keep German voers behind Ms. Merkel even as i esranged
Europeans elsewhere: Counries seeking help mus also do heir
Hausaufgaben—heir homework.Facing Puin in March 2014, Ms. Merkel pu her domesic
poliical capial on he line and esablished Germany as a key
European geopoliical power: She ook on Mr. Puin. Wih him
on he verge o annexing Crimea, he ypically sof-spoken chan-
cellor warned ha Russia aced “massive damage,” economically
and poliically, i i coninued inervening in Ukraine.
In ensuing monhs, Ms. Merkel repeaedly secured unanim-
iy among EU members or rounds o Russia sancions. Her sur-
prisingly ough line unsetled a pacifis German public ha polls
show shrinks rom oreign-policy involvemen and wans a good
relaionship wih is ormer World War enemy.
And, as i had a he peak o he eurozone crisis, he Ger-
man-inspired consensus hid urher srains on European uniy. …Poland and he Balic saes said roops were needed or heir
securiy. The dispue over how o deal wih Russia promped a
senior Polish official o exclaim, in one meeing las summer, ha
Germany was again oying wih Poland’s exisence—alluding in
par o he 1939 Nazi-Sovie nonagression pac ha effecively
divided Poland beween Russia and Germany.
Oher counries, rom Ialy o Hungary, have chaed a having
o pu heir close ies o Russia on ice amid Ms. Merkel’s push or
sancions.
Bu o Germany’s souh, i is he eurozone crisis ha has been
he biges acor in osering discomor wih Germany’s domi
nan role on he Coninen. …
Wihin Germany, many poliicians and leading commenaors
say a more asserive German role in Europe is he responsiblehing o do. “Poliically and economically sable counries canno
hide,” Foreign Miniser Frank-Waler Seinmeier said earlier his
year. “Germany is a litle oo big and imporan o commen on
inernaional affairs rom he sidelines.”
In March, a prominen Berlin poliical scienis, Herried
Münkler, published a book, The Power in the Middle, ha cap
ured he German elie’s oreign-policy Zeigeis. Germany, he
wroe, had he duy o lead Europe because neiher Brussels nor
anoher EU counry was srong enough o do so. …
“The crisis in Greece is a forerunner of a whole rash of similar
crises set to soon break out across Europe. They will providethe catalyst for the EU’s leading nation, Germany, to rise to
the fore with solutions of its own making. Biblical prophecy
declares that the result will be a European superstate with
Germany at the helm.”
Gerald Flurry, Trumpet, February 2009
Waching he Nex War
William Cook, Spectator | July 4
L , Pown o Zagan, he deense minisers o Poland, Germany,
Norway and he Neherlands joined he secreary general,
Jens Solenberg, o wach ’s response o Russia’s incursions
ino Easern Europe. The dramaic culminaion o a week o mili-
ary maneuvers, Exercise Noble Jump, was a specacular show o
orce by ’s new brigade. …
was preparing or a new kind o conflic in which iden-
iies are no clear-cu and batle lines can be hard o draw. …
’s answer has been he biges reinorcemen since he end
o he Cold War. Afer he summi in Wales las Sepem-
ber, he alliance’s “ready or acion” Response Force is expanding
rom 13,000 o 30,000 roops. The is is spearhead.
sands or Very High Readiness Join Task Force (armies
love imperec acronyms) bu he key words are Joint and Read-
iness. The Readiness par is prety simple: From bases all over
Europe, he is ready o deploy in 48 hours in any coun-
ry—ar aser han ever beore.
The Join par is more complicaed bu equally imporan.
roops will be drawn rom all 28 counries. This resuls in a
ar broader range o firepower han would normally be available
o one brigade. Exercise Noble Jump involved Duch ligh inan-
ry, Norwegian armored inanry, German Panzers, U.S. Black-
hawk helicopers, Belgian F16 figher-bombers and special orces
rom Poland, Lihuania and he Neherlands. Briish roopsweren’ involved, bu hey soon will be.
This is he firs ime ha has creaed a mulinaional bri-
gade rom scrach, bu i was acually buil around a long-sanding
mulinaional orce, he German-Neherlands Corps. Esablished
20 years ago, his corps orms he core o he inerim . “Ger-
many and he Neherlands have made a decision o cooperae, and
o share heir resources,” says L.-Gen. Volker Halbauer, he corps
commander (and i he Duch can orge heir grievances agains
he Germans, surely anyone can). German efficiency and Duch
pragmaism is an effecive combinaion. Combining differen
naional rais wihin a single corps isn’ a liabiliy—i’s an asse. …
The akes his winning combinaion o a new level. The
German-Neherlands Corps is normally ready o deploy wihin 20
o 30 days. The can be in he field wihin wo, a he firs sign
o rouble. Is ormaion is imely. Russian deense spending has
increased o 4 percen o . members are sill sriving or
2 percen. I can’ be biger, i mus be smarer—and more
cos-efficien. Pooling miliary experise makes sraegic and eco
nomic sense. For Brions, he idea o a “European Army” may con
jure up dark visions o a European supersae, bu his isn’ abou
ever-closer union—i’s abou meeing srengh wih srengh. …
The can be deployed in any counry, o couner
any hrea, bu he locaions o is six regional headquarers are
https://www.thetrumpet.com/article/5786.27975.111.0/europe/greece/did-the-holy-roman-empire-plan-the-greek-crisishttps://www.thetrumpet.com/article/5786.27975.111.0/europe/greece/did-the-holy-roman-empire-plan-the-greek-crisishttps://www.thetrumpet.com/article/5786.27975.111.0/europe/greece/did-the-holy-roman-empire-plan-the-greek-crisishttps://www.thetrumpet.com/article/5786.27975.111.0/europe/greece/did-the-holy-roman-empire-plan-the-greek-crisis
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elling: Romania, Bulgaria, Poland and he Balic saes.
The locaion o hese maneuvers underlines he hisoric sig-
nificance o Exercise Noble Jump. This is Silesia, par o Prussia
or several cenuries and now par o Poland. I’s been a batle-
ground hroughou European hisory. Will i be a batleground
again? As he German and Polish deense minisers pose or pho-
os ogeher beside a ank, you can’ help bu marvel a how his-
ory has urned on is head. Tweny-five years ago his was War-
saw Pac erriory, and Poland and Russia were allies. Now Polandand Germany are allies, and Russia is he ghos a he eas.
“Tha peaceul period afer he Second World War is now over—
here are more and more crises eruping around Europe,” says
Tomasz Siemoniak, he Polish deense miniser (and depuy prime
miniser). “I’s no only he Ukrainian-Russian crisis, bu also
and a number o differen crises in norhern Arica. We can
no deend our European way o lie i we don’ do more or our
deense.” Noble Jump is jus one o over 300 miliary exercises in
counries his year—hree imes as many as wo years ago. …
Editor’s note: “This development is significant because it shows
European powers building a multinational brigade around the
German-Netherlands Corps. TheTrumpet has long forecast that
European powers would unite militarily and that the bloc would
be led by Germany. Also, as the article points out, this rallying
of European military powers behind Germany is happening in
response to Russia’s incursions into eastern Europe. TheTrum-
pet has long said that Russia’s resurgence would be a catalyst to
European unification, and we now see it happening to a degree.”
‘Hackers’ Give Orders o German Missile Batery
The Local | July 7
G
P T
briefly aken over by hackers, according o media repors onTuesday.
The atack ook place on aniaircraf Pario missiles on he Syr-
ian border. The American-made weapons had been saioned here
by he Bundeswehr (German Army) o proec ally Turkey.
According o he civil service magazine, he missile sysem
carried ou “unexplained” orders. I was no immediaely clear
when hese orders were carried ou and wha hey were.
The magazine speculaes abou wo weak spos in he missilesysem, which could be exploied by hackers.
One such weakness is he Sensor-Shooer-Ineroperabil
iy, which exchanges real ime inormaion beween he missile
launcher and is conrol sysem.
The second exposed poin is a compuer chip, which conrols
he guidance o he weapon. …
T W IN BR IE F
S
piegel Online: German-American friendship no longer
exists: The German-American riendship no longer exiss. Thais he assessmen o an opinion piece prined on Wednesday in he
German publicaion Spiegel Online. Friendship “may sill remain
beween ciizens o boh counries,” he aricle said, “bu no
beween heir governmens.” The riendship was severely damaged
by he release o classified documens showing ha he U.S. govern-
men has been sysemaically spying on he German governmen.
America spied no only on Chancellor Angela Merkel, bu also on
minisries, miniserial offices and even German journaliss. Polls
show ha he spy scandal grealy arnished he German people’s
view o he Unied Saes.
P
ope in Ecuador: Pope Francis has used his final ull day in
Ecuador o issue an impassioned call or a new economic andecological world order where he goods o he Earh are shared
by everyone, no jus exploied by he rich. Thousands wached
he poniff’s speech on big-screens rom he plaza in ron o Qui
o’s Church o San Francisco on Tuesday evening. Francis led a
prayer in ron o he Vaican ambassador’s residence in he cap
ial, as he has done every evening during his say. Meanwhile in
El Quinche, o he norheas o Quio, pilgrims were saring o
camp ou around he church where he poniff was scheduled o
speak July 8 beore deparing or Bolivia o begin he nex leg o
his eigh-day, hree-counry our o Souh America.
ASIA
No, Beijing Isn’ Wihdrawing Suppor for Norh KoreaJeremiah Jacques | July 7
H
Norh Korea survived in he modern world or so long?
Because mighy China has sood by he Kim dynasy or decades—
like a big broher deending his belligeren younger broher.
When Norh Korea has needed ood and weaponry, China’s
been happy o deliver. When he Unied Naions has ried pun
ishing Pyongyang or illegal developmen o nuclear weapons
China’s been quick o veo he atemps. When Norh Korea has
WE TALKED ABOU T THIS
https://www.thetrumpet.com/article/12883.2.0.0/world/military/no-beijing-isnt-withdrawing-support-for-north-koreahttps://soundcloud.com/trumpethour/when-the-next-global-economic-crisis-hits-it-will-hurt#t=20:49https://soundcloud.com/trumpethour/when-the-next-global-economic-crisis-hits-it-will-hurt#t=20:49https://www.thetrumpet.com/article/12883.2.0.0/world/military/no-beijing-isnt-withdrawing-support-for-north-korea
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needed a rade parner willing o overlook is barbaric human
righs abuses, China has eagerly swung is doors open or busi-
ness. When Norh Korea needed a miliary ally, China—and only
China—agreed in a ormal alliance ha i would proec he Norh.
Bu in recen years, a significan change seemed o be under-
way. Many Wesern analyss began joyously proclaiming ha
China had finally had enough. They said Beijing was ired o
deending Norh Korea:
“China Losing Paience as Norh Korea Threaens NuclearSrike on U.S.,” said a 2013 Daily Tech headline. “China Kinda
Haes Norh Korea,” War Is Boring wroe. “Chinese Annoyance
Wih Norh Korea Bubbles o he Surace,” he New York Times
said in December 2014.
Wesern onlookers were ecsaic. I China was wihdrawing is
suppor o he Kim dynasy, ha would mean he collapse o ha
poisonous, diabolical regime. I would mean he world would be
sae rom a leas one lunaic’s nuclear arsenal. I would mean he
economic opening up o he rogue naion and he end o suffering
and sarvaion or Norh Korea’s 25 million people.
Bu he acs on he ground show ha hose joyous proclama-
ions were hasy, and ha Beijing won’ wihdraw is suppor o
he Kim dynasy anyime soon.Here are a ew insances o China’s ongoing suppor o he Kim
dynasy:
Beijing is ueling he Norh’s miliary by secrely providing he
Kim regime wih large quaniies o oil.
China is giving massive amouns o ood aid o he Norh, even
in sark violaion o inernaional principles which sipulae ha
ood aid mus go o deprived ciizens raher han o he miliary
and rulers.
The Chinese coninue o shield Norh Korea rom inernaional
effors o invesigae human righs violaions in Norh Korea.
Beijing is exploiing Norh Korean slave laborers a Norh
Korean-run work camps wihin China.
China is disregarding many UN resoluions ha i oped no
o veo.
Chinese auhoriies capure Norh Koreans who escape ino
China and repariae hem o Pyongyang where hey are pun
ished or fleeing by orure and deah.
On July 1, China invied Norh Korean leader Kim Jong Un o
come o Beijing in Sepember o commemorae he 70h anni
versary o he end o World War . (I he acceps, i will be Kim’sfirs ime meeing anoher naional leader since he ook power
in 2011.)
Wha does China gain rom is near-uncondiional suppor o
he unruly and unsable Norh?
Beijing uses Norh Korea as a buffer sae o saeguard China
rom Souh Korea where 28,500 U.S. soldiers are saioned. China
also values Norh Korea as a massive disracion o he world
When he U.S. and oher powers ocus on Pyongyang’s egregious
human righs abuses and illegal miliary aciviies, less atenion
is available o examine he same rends happening in China.
The mos imporan reason was explained by Trumpet colum
nis Brad Macdonald in a 2009 aricle: “[T]he ulimae and mos
worrying reason Beijing susains Norh Korea is ha [he Kimdynasy’s] ideologies and ambiions align perecly wih China’s
op global prioriy: undermining he Unied Saes! … China con
siders Pyongyang a ool wih which i can challenge he U.S.”
Despie he joyous proclamaions rom he Wes, China con
inues o keep he Norh Korean regime afloa. I coninues o
collude in many o Pyongyang’s illegal aciviies, and coninues
pumping enough capial ino he regime o guaranee ha i
can preserve complee conrol over he people o Norh Korea
Despie he joyous proclamaions, China isn’ wihdrawing is
suppor or he Kim dynasy.
Follow Jeremiah Jacques
Russia’s Puin Welcomes Chinese Leader o Twin Summis, Says They Can Solve Problems Togeher
AP | July 8
W C R
ciy, Presiden Vladimir Puin said Wednesday ha Russia
and China can overcome heir counries’ difficulies by working
ogeher.
Puin and Chinese Presiden Xi Jinping boh arrived Wednes-
day in he Russian ciy o Ua or summis o he rade group
and he Shanghai Cooperaion Organizaion.
The group also includes Brazil, India and Souh Arica
while he , which also ocuses on regional securiy and polii
cal issues as well as economics, includes he ormer Sovie Cenral
Asian republics o Kazakhsan, Kyrgyzsan, Tajikisan and Uzbeki
san. Iran, India and Pakisan are observer paricipans. …
Vladim ir Puin’s Unied Russ ia Pary Unveils ‘S raigh Flag’ o Riva l Gay Pride Symbol
Independent | July 9
U,
he global embrace o he gay pride flag ollowing he U.S.
Supreme Cour ruling legalizing same-sex marriage, Vladimir
Puin’s Unied Russia Pary has hi back agains wih heir own
“sraigh” flag.
While homosexualiy is no illegal in Russia, Mr. Puin
inroduced a law in 2013 ha bans symbols which promoe
“non-radiional” values.
Thereore, in response o he movemen’s rainbow flag
he Unied Russia Pary unveiled a banner celebraing he radi
ional, nuclear Russian amily. The flag depics wo parens—a
woman and a man—holding hands wih hree children.
I was unveiled a a pary rally in Moscow’s Sokolniki park
on he Day o Family, Love and Fideliy, an annual counrywide
https://www.thetrumpet.com/article/6270.34303.116.0/asia/china/why-china-wont-stop-north-koreahttps://twitter.com/js_jacqueshttps://twitter.com/js_jacqueshttps://twitter.com/js_jacqueshttps://www.thetrumpet.com/article/6270.34303.116.0/asia/china/why-china-wont-stop-north-korea
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celebraion held on July 8.
Andrei Lisovenko, depuy head o he Unied Russia branch
in Moscow, old he Izvestia newspaper, “This is our response o
same-sex marriage, o his mockery o he concep o he am-
ily. We have o warn agains gay-ever a home and suppor ra-
diional values in our counry. We are speaking o he radiional
amily. We mean he average sandard Russian amily ha is
ours: moher, aher and hree children.”
The flag was launched alongside he hashag #realamily and
i comes in hree differen Russian-colored backgrounds. …
“Just as Putin has cozied up to the conservative Russian Ortho-
dox Church in order to work against liberals within Russia, so
he has also leaned toward the church in order to paint Russia
as a defender of traditional values in a world led by a morally
broken United States and Europe. In December, Putin said:
‘Many Euro-Atlantic countries have moved away from their
roots, including Christian values. Policies are being pursued
that place on the same level a multi-child family and a same-sex
partnership, a faith in God and a belief in Satan. This is the path
to degradation.’ … This is an exact reversal of the Cold War era,
which many viewed as ‘Christian’ America against the ‘godless’
communists of the USSR.” theTrumpet.com, June 25, 2014
Russia Conducs Miliary Exercises a Armenia Base in Laes Comba Readiness Drill
IB Times | July 7
R T
aion personnel locaed a is miliary base in Armenia, Rus-
sia’s Souhern Miliary Disric said in a press release. Russian
Presiden Vladimir Puin has ordered several drills in recen
monhs o es he comba readiness o Russian roops saged
around he world, despie proess rom Wesern naions.The miliary exercise will assess how quickly Russian orces a
he Armenian miliary base are capable o achieving “ull comba
readiness.” Russian miliary officials will use drones o capure
ooage o he personnel as hey respond o a mock alarm and
man heir batle saions, Russian oule repored. …
officials condemned Russia’s pas snap-readiness
maneuvers and expressed concern ha Moscow used he raining
exercises o posure is miliary orces near oreign borders, par
icularly in Easern Europe. Several o Russia’s neighbors, includ
ing Finland, Sweden and he Balic Saes, have srenghened
heir ies wih amid he Russian miliary aciviy.
“We are concerned by he size, sale and requency o Russia’s
snap exercises,” a official old in May. “Three o hemhave included over 80,000 roops. Some o hem have been used
o deploy roops o annex Crimea, mass orces on Ukraine’s bor
der and suppor he [pro-Moscow rebels in Ukraine].”
The Kremlin drew inernaional criicism and scruiny or is
annexaion o Crimea in March 2014 and apparen suppor or
pro-Russian separaiss in he Easern Ukraine conflic, in which
more han 6,400 people have died since early las year.
MSDF, Coas Guard o Hold ‘Gray Zone’ Drill off Izu Oshima
Japan Times | July 7
T M SD F J CGuard are planning heir firs join drill or a “gray zone” inci-
den ha would sop shor o a miliary atack on Japan, accord-
ing o a governmen source.
The drill will be held “soon” near Izu Oshima Island … he
source said Monday.
The Coas Guard will firs deermine he locaions, speed and
number o inruding vessels and share inormaion wih he
, which will ake over and inercep he vessels, according
o he source. …
The drill could draw criicism rom China as he Japanese and
Chinese governmens are making arrangemens o sign an agreemen as early as his monh o se up a mariime communicaions
mechanism o aver accidenal clashes in he Eas China Sea.
The exercise is seen as par o Prime Miniser Shinzo Abe’s
drive o bolser Japan’s deense capabiliies and he role o he
Sel-Deense Forces boh a home and abroad.
In he conroversial securiy bills currenly under Die delib
eraions, he governmen is eying a sysem o giving Cabine
approval by phone or swif dispach o cope wih gray zone
incidens, including an atemp by an armed group disguised as
fishermen o ake conrol o a remoe Japanese island.
Rivals Pakisan, India o Sar Process of Joining China Securiy Bloc
Reuters | July 6
N P I
process o joining a securiy bloc led by China and Russia a a
summi in Russia laer his week, a senior Chinese diploma said
on Monday, he firs ime he grouping has expanded since i was
se up in 2001.
The Shanghai Cooperaion Organiszion () groups China,
Russia and he ormer Sovie republics o Tajikisan, Uzbeki-
san, Kazakhsan and Kyrgyzsan, while India, Pakisan, Iran,
Aghanisan and Mongolia are observers.
“As he influence o he ’s developmen has expanded
more and more counries in he region have brough up joining
he ,” Chinese Vice Foreign Miniser Cheng Guoping old a
news briefing. “India and Pakisan’s admission o he will
play an imporan role in he ’s developmen. I will play a
consrucive role in pushing or he improvemen o heir bila
eral relaions.” …
https://www.thetrumpet.com/article/11862.18.0.0/religion/does-vladimir-putin-have-god-on-his-side-regarding-ukrainehttps://www.thetrumpet.com/article/11862.18.0.0/religion/does-vladimir-putin-have-god-on-his-side-regarding-ukraine
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Prime Miniser Narendra Modi will be in Moscow or a sum-
mi o he group o emerging markes and boh he and his
Pakisani counerpar, Nawaz Shari, will atend a special
“oureach” session as par o he gahering. …
U.S. Jes Inerceped Russian Bombers off he California and Alaska Coass on July 4
Business Insider | July 6
O S, R T T
approached he U.S. Wes Coas, causing he Air Force o
scramble o inercep he planes beore hey breached U.S. air-space, wo senior deense officials old Fox News.
The firs inciden reporedly occurred a 10:30 a.m. ET off he
coas o Alaska, when idenified he Russian planes and
wo F-22s hurried o inercep hem. Anoher inciden occurred
a 11 a.m. ET off he coas o cenral Caliornia and was responded
o by wo F-15s.
The Russian bombers hey inerceped are capable o carry-
ing nuclear weapons, bu sources do no indicae wheher hey
were armed.
The Air Force inerceped he bombers beore hey enered
America’s sovereign air space, which exends 12 miles ou rom
he coas, bu he presence o he bombers is an ominous sign
during he heighened ensions beween Russia and he U.S.As reired Air Force L. Gen. Thomas McInerney, who or-
merly commanded he Norh American Aerospace Deense Com-
mand () old he Washington Free Beacon: “I’s becoming
very obvious ha Puin is esing Obama and his naional-secu
riy eam.” …
Since he sar o he crisis in Ukraine, Russia has flownincreasingly agressive aircraf missions hroughou Europe and
he Pacific. From May 2014 o Sepember 2014, he U.S. iner
ceped Russian bombers over Guam and off he coas o Calior
nia and Alaska. In Sepember, wo Russian aircraf carried ou a
mock cruise-missile atack on he U.S.
Throughou 2014, he European Leadership Nework esi
maed ha Russia and he Wes had up o 40 miliary encouners
Among hese, hree were designaed as high-risk incidens ha
could have led o casualies or a miliary conronaion.
In April, Adm. Bill Gorney, he general a he head o
old reporers ha Russia was using is long-range bomber flee
o “message” he U.S. abou Moscow’s inernaional miliary
capabiliies.“They are messaging us. They are messaging us ha hey are a
global power,” Gorney said …
Nearly 25 Percen of Chinese Socks Have Sopped Trading
CNN Money | July 7
T C
companies are calling i quis.
Over 700 Chinese companies have haled rading o “sel-pre-
serve,” according o he sae media. Tha means abou a quar-
er o he companies lised on China’s wo big exchanges—heShanghai and Shenzhen—are no longer rading.
China’s sock markes are in rouble. The Shanghai Composie
Index has allen over 25 percen since mid-June. The Shenzhen,
which has more ech companies and is ofen compared o Amer-
ica’s Nasdaq Index, is down even more.
The governmen has aken exraordinary seps o ry o pre-
ven urher damage. The Chinese cenral bank made a surprise
rae cu a he end o June. Then China’s securiies regulaor
sopped iniial public offerings on he exchanges.
Over he weekend, over 20 o China’s op brokerage firms pub
licly pledged o buy back socks and unds in an effor o slow
he downall. The firms expec o spend a leas 120 billion yuan
(abou $19.3 billion).“The governmen is aking good care o he sock marke,” Chi
na’s vice commerce miniser said his week.
Bu invesors clearly aren’ convinced. China’s sock marke
has been undergoing wild swings ….
According o Bespoke Invesmen Group, China’s sock mar
kes have now los $3.25 rillion. To pu ha in perspecive, ha’s
more han he size o France’s enire sock marke and abou 60
percen o Japan’s marke. …
ANGLOAMERICA
Charleson, SC—How o Solve Race RelaionsGerald Flurry,
The Key of David | July 3
Charleson ciizens reaced admirably o he June massacre o
nine churchgoers.
WE TALKED ABOU T THIS
https://soundcloud.com/trumpethour/when-the-next-global-economic-crisis-hits-it-will-hurt#t=10:48https://soundcloud.com/trumpethour/when-the-next-global-economic-crisis-hits-it-will-hurt#t=10:48https://www.thetrumpet.com/key_of_david/1673
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8/20/2019 TrumpetWeekly 2015-07-11
11/12Trumpet Weekly | July , 11
England Sleeps Again as Our Enemies RampageSimon Heffer, Daily Telegraph | July 5
M F ;
as Deense Secreary, he has o be. He inheried a depar-
men emasculaed by cus—or, raher, by he wised prioriies
behind hem. I was decided in 2010 ha he world was a saeplace, and Briain didn’ need a proper armed orces. Sadly, as
he Arab Spring unolded, ha decision quickly urned ou o be
monumenally wrong.
Mr. Fallon has raised he quesion o airsrikes agains he
Islamic undamenaliss who murdered 38 ouriss, mos o
hem Briish, in Tunisia. Le us leave aside wheher revenge
atacks would be a good idea …. The real issue, i you will orgive
my repeaing mysel, is ha we don’ have proper armed orces o
ake such seps.
Since 2010, as a new repor by he UK Naional Deense Asso-
ciaion () poined ou, deense spending has been cu by 9
percen. New hreas o our securiy have blown up: no jus ,
bu also a Russia agressive owards Ukraine, and sysemaicallydesabilizing members o and he EU.
Air Chie Marshal Sir Michael Graydon, inroducing he
repor, erms he imminen Sraegic Deense and Secu-
riy Review “he mos imporan in our decades.” All hree ser-
vices are a heir lowes srengh since he 1920s, and Sir Michael
assers ha “whole capabiliies are missing and we have been
unable o perorm cerain crucial miliary uncions.” …
As one leading deense exper, wih decades o experience,
said o me las week, “we no longer have a credible army or a navy
or an air orce, bu here’s no need o worry abou ha because
hey are o use only i we have a credible deense policy based
on a credible securiy policy—and we have neiher.” He also
menioned he recen leak o a es pilo’s repor on he F-35 Join
Srike Figher’s “lehal limiaions,” exposed when i simulaed a
dogfigh wih a 40-year-old F-16. The shorcomings were known
o analyss or years: The exper old me he es pilo’s language“made i so vivid ha even he average M.P. should undersand.” …
There is a general undersanding among counries ha
each should spend 2 percen o he annual budge on deense. Bri
ain is dangerously close o alling under ha figure, and Presiden
Obama has sared lecuring Mr. Cameron on he subjec. I is cer
ainly rue—and I was in he Saes las week and picked his up
orceully—ha America eels i is bearing oo much o he bur
den or he deense o he Wes and o our shared values, and ha
ohers mus pay more. The Americans, who und 70 percen o he
effor, are righ: And he less we pay, he more isolaionis
hey will become, which will make us even more vulnerable.
We need a proper securiy policy ha idenifies who our ene
mies are, and wha we mus do o ward hem off. We will henneed more men and women under arms, and more and beter
equipmen. This is no o launch invasions—no one wans ha—
bu o seek o deer, and o respond adequaely i hreaened. I am
sure even 2 percen is no enough. Why no class overseas aid as
par o deense, and spend i proecing he ineress o our allies
abroad?
I admire Mr. Fallon, bu he mus surely see ha, when we can
no deend ourselves, i is reckless o speculae abou inerven
ions elsewhere. He has exposed a weakness ha i is his job o
reciy. I rus he has had a meaningul conversaion wih Mr
Osborne abou i, because i he hasn’ he counry risks paying a
price ar higher han can be calculaed in pounds. …
Illegal Immigrans Accouned for Nearly 37 Percen of Federal Senences in FY 2014Breitbart | July 7
W .
o he U.S. populaion, hey represened 36.7 percen o ed-
eral senences in FY 2014 ollowing criminal convicions, accord-
ing o U.S. Senencing Commission () daa obained by Brei-
bar News. …
Broken down by some o he primary offenses, illegal immi-
grans represened 16.8 percen o drug rafficking cases, 20 per-
cen o kidnapping/hosage aking, 74.1 percen o drug posses-
sion, 12.3 percen o money laundering, and 12 percen o murder
convicions.
One aide expressed shock a he numbers, e-mailing Bre-
ibar News, “These saisics blew me away, and hey blow a hole
hrough he of-repeaed line ha people only wan o come o
America o work. I’s ragic so ew poliicians are willing even o
acknowledge he rue exen o his problem, bu unil more do
more Americans will keep geting harmed.”
The daa only deals wih ederal offenders senenced
under he Senencing Reorm Ac o 1984, and does no include
oher caegories like sae cases, deah penaly cases or “cases ini
iaed bu or which no convicions were obained, offenders con
viced or whom no senences were ye issued, and offenders sen
enced bu or whom no senencing documens were submited
o he Commission.” …
Eliminaing all immigraion violaions, illegal immigrans
would accoun or 13.6 percen o all he offenders senenced
in FY 2014 ollowing ederal criminal convicions—sill greaer
han he 3.5 percen o he populaion illegal immigrans are said
o make up.
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8/20/2019 TrumpetWeekly 2015-07-11
12/1212
Army Plans o Cu 40,000 roops
USA Today | July 8
T A ,
he nex wo years, a reducion ha will affec virually all o
is domesic and oreign poss, he service assers in a documen
obained by Today.
The poenial roop cu comes as he Obama adminisraion is
pondering is nex moves agains he Islamic Sae milian groupin Iraq and Syria. Presiden Obama said Monday he and miliary
leaders had no discussed sending addiional roops o Iraq o
figh he Islamic Sae. There are abou 3,500 roops in Iraq. …
An addiional 17,000 Army civilian employees would be laid off
under he plan officials inend o announce his week. Under he
plan, he Army would have 450,000 soldiers by Sep. 30, 2017, he
end o he 2017 budge year. The reducion in roops and civilians
is due o budge consrains, he documen says.
The Penagon’s budge, released in February, envisioned he
reducion o 450,000 would occur by Sep. 30, 2018. …
The Army declined o commen on he proposed reducions
in is orces.
I he auomaic budge cus known as sequesraion, se
o begin in Ocober, ake place he Army would have o slash
anoher 30,000 soldiers, according o he documen. A ha level
he Army would no be able o mee is curren deploymens and
respond o demands or roops in oher regions.
Among he proposed changes, brigades a For Benning, Ga.and Join Base Elmendor-Richardson in Alaska will be down
sized rom unis o abou 4,000 soldiers o batalion ask orces
o 1,050 soldiers.
Downsizing Army orces in Alaska “makes no sraegic sense,
said Sen. Dan Sullivan, a Republican member o he Armed Ser
vices commitee rom Alaska. … “One person who’s going o be
very pleased wih his is Vladimir Puin,” Sullivan said.
The Army overall will require more han 450,000 soldiers
because he number o naional securiy challenges around he
world have “risen dramaically” in he pas ew years.
In 2013, he Army mainained in budge documens ha dipping
below 450,000 soldiers could preven i rom prevailing in a war.
BILL GROSS: ‘We Are in he Eye of he Hurricane’ Wih Greece
Business Insider | July 6
J F B G B
Television abou he Greek-eurozone crisis oday ….
“I appears ha we’re in he eye o he hurricane. I do no
believe ha his siuaion really is calm,” he said o hoss Erik
Schazker and Guy Johnson. “You’re seeing basically cenral
governmens hrowing everyhing hey have a he markes and
keeping hem calm.” …
Gross said he predics a 70 o 80 percen chance Greece will
exi he eurozone. And ha would be he bes-case scenario orhe counry.
The decision will depend on wheher Germany is willing o
concede ha auseriy “o he exen ha hey have enorced i in
Greece, and o he exen ha resrucuring or deb wrie-offs” is
a necessiy, he said. …
“I hink and I’m on he side o he Greeks here,” he said. “The
Germans are being disingenuous wih heir porion o he deb
because hey have had massive resrucuring o heir own deb
afer World War , hen afer World War .”
Bu Germany has shown no hin o saring a “Marshall Plan
or Greece—which means European Cenral Bank Presiden
Mario Draghi will be Greece’s saving grace.
“I would suges ha i European Cenral Bank Presiden
Mario Draghi doesn’ a some poin provide addiional unds, andi Greece does no pay he $3 billion, or euro dollar deb on July
20 or 21, hen here is going o be significan problems wihin he
sysem,” Gross said. “The $100 billion worh o unds exended o
Greek banks hrough he , will have o be declared in deaul
because he canno lend on deauled collaeral.”
America and Briain in Prophecy Stephen Flurry,
Trumpet Daily | July 10
Could he Bible ignore he world’s greaes superpower—or
he mos dominan empire in hisory?
Follow Sephen Flurry
https://twitter.com/stephenflurryhttps://www.thetrumpet.com/trumpet_daily/1676/america-and-britain-in-prophecyhttps://twitter.com/stephenflurry