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Criminal activity and money laundering has become the world's largest free enterprise and it is also determining political, economic and military action around the globe. $1.5 trillion is larger than every national GNP except for the five largest industrial economies in the world. Now I have heard the experts here cite truly astounding figures like the $30 trillion in derivatives in the US market and the overall values of the world economy. To compare $1.5 trillion and state that this amount is not the most important component of success or failure is to miss the point entirely.
If two race cars are capable of doing 240 mph the race will be A tie. No one will win. The world economy is a fierce competition for capital, liquidity, markets and, perhaps most importantly, currency. Therefore the race car capable of doing 241 mph is the one that will win the race. That $1.5 trillion a year of highly liquid, low cost, unrestricted capital is what is determining the results in the present day world economy. This is because, as noted by former US Assistant Secretary of Housing Catherine Austin Fitts, "Those with the lowest cost of capital win." Winning, however, comes with a heavy price. I have confirmed that even now the US government works directly with some of the biggest drug dealers in history. I wholeheartedly agree with Russia's brilliant economist Michael Khazin and others who state that the US engages in serious long term planning and manipulation of world events. As an example I will cite the fact that in June of 1999 the Chairman of the New York Stock Exchange, Richard Grasso, traveled to Colombia and met with leaders of the FARC guerillas who control a third of that country and who have acquired billions of dollars from taxation of the drug trade. Grasso's request was that the FARC rebels invest their drug profits in Wall Street. This was necessary in order to continue pumping cash into the already precarious investment bubble in America that had also been partially sustained by the systematic looting of Russia from 1993 to 1999. The FARC guerillas refused to give Wall Street their money. A year and half later the United States is implementing another Vietnam conflict which is just now commencing and which is an absolute necessity to prevent a total collapse of the US economy. That conflict will not only suck capital out of Colombia it will open up oil rich lands in rebel territories to US drilling and it will create thousands of displaced persons who will become low cost labor for multi-national corporations seeking to build factories in South America. |
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