RINF Alternative News<\/a><\/strong> Well-known economist Nouriel Roubini\u00a0tweeted<\/a>\u00a0from the gathering of the rich and powerful at the World Economic Forum in Davos:<\/p>\n Many speakers compare 2014 to 1914 when WWI broke out & no one expected it. A black swan in the form of a war between China & Japan?<\/p><\/blockquote>\n And<\/a>:<\/p>\n Both Abe and an influential Chinese analyst don\u2019t rule out a military confrontation between China and Japan. Memories of 1914?<\/p><\/blockquote>\n Many other economists have forecast war<\/a>.<\/p>\n Kyle Bass\u00a0writes<\/a>:<\/p>\n Trillions of dollars of\u00a0debts<\/a>\u00a0will be restructured and millions of financially prudent savers will lose large percentages of their real purchasing power at exactly the wrong time in their lives. Again, the world will not end, but the social fabric of the profligate nations will be stretched and in some cases torn. Sadly, looking back through economic history,\u00a0all too often war is the manifestation of simple economic entropy played to its logical conclusion<\/strong>.\u00a0We believe that war is an inevitable consequence of the current global economic situation.<\/strong><\/p><\/blockquote>\n Larry Edelson wrote an email to subscribers entitled \u201cWhat the \u201cCycles of War\u201d are saying for 2013\u00e2\u20ac\u00b3, which states:<\/p>\n Since the 1980s, I\u2019ve been studying the so-called \u201ccycles of war\u201d \u2013 the natural rhythms that predispose societies to descend into chaos, into hatred, into civil and even international war.<\/p>\n I\u2019m certainly not the first person to examine these very distinctive patterns in history. There have been many before me, notably, Raymond Wheeler, who published the most authoritative chronicle of war ever, covering a period of 2,600 years of data.<\/p>\n However, there are very few people who are willing to even discuss the issue right now. And based on what I\u2019m seeing, the implications could be absolutely huge in 2013.<\/p><\/blockquote>\n Former Goldman Sachs technical analyst Charles Nenner \u2014 who has made some big accurate calls, and counts major\u00a0hedge funds<\/a>, banks, brokerage houses, and high net worth individuals as clients \u2014\u00a0says<\/a>\u00a0there will be \u201ca major war starting at the end of 2012 to 2013\u201d, which will drive the Dow to 5,000.<\/p>\n Veteran investor adviser James Dines\u00a0forecast<\/a>\u00a0a war is epochal as World Wars I and II, starting in the Middle East.<\/p>\n Billionaire investor Jim Rogers\u00a0notes<\/a>:<\/p>\n A continuation of bailouts in Europe could ultimately\u00a0spark<\/a>\u00a0another world war, says international investor Jim Rogers.<\/p>\n ***<\/p>\n \u201cAdd debt, the situation gets worse, and eventually it just collapses.\u00a0Then everybody is looking for scapegoats. Politicians blame foreigners, and we\u2019re in World War II or World War whatever<\/strong>.\u201d<\/p><\/blockquote>\n Marc Faber\u00a0says<\/a>\u00a0that the American government will start new wars in response to the economic crisis:<\/p>\n We\u2019re in the middle of a\u00a0global currency war<\/a>\u00a0\u2014 i.e. a situation where nations all compete to devalue their currencies the most in order to boost exports. And Brazilian president-elect Rousseff\u00a0said<\/a>\u00a0in 2010:<\/p>\n The last time there was a series of competitive devaluations \u2026 it ended in world war two.<\/p><\/blockquote>\n Jim Rickards\u00a0agrees<\/a>:<\/p>\n Currency wars lead to trade wars, which often lead to hot wars. In 2009, Rickards participated in the Pentagon\u2019s first-ever \u201cfinancial\u201d war games. While expressing confidence in America\u2019s ability to defeat any other nation-state in battle, Rickards says the U.S. could get dragged into \u201casymmetric warfare,\u201d if currency wars lead to rising inflation and global economic uncertainty.<\/p><\/blockquote>\n As does\u00a0Jim Rogers<\/a>:<\/p>\n Trade wars always lead to wars.<\/p><\/blockquote>\n Martin Armstrong\u00a0wrote<\/a>\u00a0in August:<\/p>\n Our greatest problem is\u00a0the bureaucracy wants a war<\/strong>. This will distract everyone from the NSA and justify what they have been doing.\u00a0They need a distraction for the economic decline that is coming<\/strong>.<\/p><\/blockquote>\n Armstrong argued last month that war plans against Syria are really about\u00a0debt and spending<\/a>:<\/p>\n The Syrian mess seems to have people lining up on Capital Hill when sources there say the phone calls coming in are overwhelmingly against any action. The politicians are ignoring the people entirely. This suggests there is indeed a secret agenda to achieve a goal outside the discussion box. That is most like\u00a0the debt problem and a war is necessary to relief the pressure to curtail spending<\/strong>.<\/p><\/blockquote>\n And given that many influential economists\u00a0wrongly believe<\/a>\u00a0that war is good for the economy \u2026 many are\u00a0overtly<\/a>\u00a0or quietly pushing for war.<\/p>\n In addition, historians say that the risk of world war is rising\u00a0because the U.S. feels threatened by a rising China<\/a>\u00a0\u2026 and the U.S. government considers\u00a0economic rivalry to be a basis for war<\/a><\/p>\n Moreover, former Federal Reserve chairman Alan Greenspan said that\u00a0the Iraq war was really about oil<\/a>, and former Treasury Secretary Paul O\u2019Neill\u00a0says<\/a>\u00a0that Bush planned the Iraq war before 9\/11. And see\u00a0this<\/a>\u00a0and\u00a0this<\/a>. If that war was for petroleum, other oil-rich countries might be invaded as well.<\/p>\n And the American policy of\u00a0using the military to contain China\u2019s growing economic influence<\/a>\u00a0\u2014 and of considering\u00a0economic rivalry to be a basis for war<\/a>\u00a0\u2014 are creating a tinderbox.<\/p>\n Finally, multi-billionaire investor Hugo Salinas Price\u00a0says<\/a>:<\/p>\n What happened to [Libya’s] Mr. Gaddafi, many speculate the real reason he was ousted was that he was planning an all-African currency for conducting trade. The same thing happened to him that happened to Saddam because the US doesn\u2019t want any solid competing currency out there vs the dollar. You know Gaddafi was talking about a\u00a0gold<\/a>\u00a0dinar.<\/p><\/blockquote>\n Indeed, senior CNBC editor John Carney\u00a0noted<\/a>:<\/p>\n Is this the first time a revolutionary group has created a central bank while it is still in the midst of fighting the entrenched political power? It certainly seems to indicate how extraordinarily powerful central bankers have become in our era.<\/p>\n Robert Wenzel of\u00a0Economic Policy Journal thinks<\/a>\u00a0the central\u00a0banking<\/a>\u00a0initiative reveals that foreign powers may have a strong influence over the rebels.<\/p>\n This suggests we have a bit more than a ragtag bunch of rebels running around and that there are some pretty sophisticated influences. \u201cI have never before heard of a central bank being created in just a matter of weeks out of a popular uprising,\u201d Wenzel writes.<\/p><\/blockquote>\n Indeed,\u00a0some say<\/a>\u00a0that recent wars have really been about bringing all countries\u00a0into the fold of Western central banking<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Economists and Analysts Warn of Wider War RINF Alternative News Reprinted with permission from\u00a0Washington’s Blog Well-known economist Nouriel Roubini\u00a0tweeted\u00a0from the gathering of the rich and powerful at the World Economic Forum in Davos: Many speakers compare 2014 to 1914 when WWI broke out & no one expected it. A black swan in the form of […]<\/p>\n","protected":false},"author":1,"featured_media":106843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":{"0":"post-106842","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-latest-news"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/106842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=106842"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/106842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media\/106843"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=106842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=106842"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=106842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nReprinted with permission from\u00a0Washington’s Blog<\/a><\/p>\n\n
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