by Jim Willie, GoldSeek:
Simply put, QE can never be halted or even slowed. The USFed is in a corner, with no policy options, facing collapse, with no ability whatsoever to halt the systemic failure in progress. It can only rely on hidden machinery and profound lies, against a background of constant economic propaganda. The central bank franchise system wrapped around the fiat paper currency regime has failed. They cannot stop it, not even with endless bond fraud and endless war, the new twin towers of the fascist state legacy. The entire financial structures have become fully dependent on easy money and debt financed by a printing press, buttressed by derivative machinery. The Uncle Sam bearing the USDollar emblem is like a pathetic heroin addict brandishing a modern howitzer. The USDollar is fast losing its integrity, during a dangerous global rejection episode. Therefore, QE must be exported, the easy candidate Japan. Call it Operation Tokyo Twist.
Heavy pressure, threats, and subterfuge are the American way. It is yet another sordid chapter in the Weimar Amerika story. QE to Infinity is the marquee billboard message, which will be perpetuated until the USGovt debt default and US financial collapse, forcing replacement of the USDollar. A Japanese syringe does not prevent the USD death, only delay it while deeper cancer spreads to the Japanese Economy and its financial structure. The United States is fast running out of nations to plunder. See Libya, Cyprus, Syria, Ukraine, the Philippines. Now Japan. Witness death of the US nation. The national carving ceremony will be very interesting to observe in future years, after the commercial colonization.
SYSTEMIC FAILURE GUARANTEE
The USEconomy will gradually move toward systemic failure for 10 main reasons. The isolation of the United States was foretold two years here. The US has become a pariah nation, ignored at all formal multi-national summit meetings. Obama is ignored on stage, placed with the wives. The US is not part of any new global platform implementation.
1) QE is killing capital from rising costs as banker welfare remains in place
2) USGovt has unmanageable debt as the great bloated welfare state remains in place
3) USMilitary is a cancer as the great predator war machine remains in place
4) Insolvent banks are grand casinos, no longer credit engines for capital formation
5) Rigged higher USDollar value will make exports to foreign nations difficult
6) Rejection of USTBond in trade will lead to amplified USGovt bond dumping
7) QE volume will rise significantly to soak the discarded bonds, in hidden rooms
8) Interest rate derivative reliance out of control, Failures to Deliver the smoking gun
9) All sanctions have backfired, the Russian sanctions being the final event
10) USDollar regime does not participate in trade settlement, on a growing basis.
The USFed has exported Quantitative Easing on a gigantic scale to Japan. The plausible deniability cover is that the US offers a higher bond yield, with a rising USDollar chaser. So the USFed announced with balllyhoo an end to QE and its unsterilized bond monetization, used for four years to cover the USGovt deficit and all the rolled over matured USTBills and USTBonds. Next just coincidentally, the Japanese announce unlimited QE in Tokyo. The Tokyo vassals will conduct highly corrosive unsterilized bond monetization, just like the Americans have done for four years. The untold part of the story is that the USGovt has demanded of its Asian vassals that they devote their $1.2 Japanese Govt pension fund to USTreasurys. The US covets the pot, which will buy another year of time. The Germans blocked QE in EuroCB under Prince Draghi’s tutelage. The focus of attention went to Japan, which cannot say to their American Victor Lords. The Yakuza sword lies above their heads. Keep in mind there are no $billion coincidences.
Please follow SGT Report on Twitter & help share the message.