Global Economic Warfare | My Financial Review - comments on investment in currencies, stocks, bonds and gold
My Financial Review: Global Economic Warfare
This is an English extract from my other blog available at http://przeglad-finansowy.blogspot.com

Saturday, May 29, 2010

Global Economic Warfare

Original text available here.

It is obvious that the picture that emerges from the actions of Russia and Gazprom (Gazprom and yet it is Russia), involving construction of gas "ticks" around central Europe pipeline North Stream and South Stream - the whole picture - makes us ask ourselves to what extent the Gazprom are politically motivated and to what extent purely business.

Nowadays, the boundaries between politics and economics seem to blur even more than 100 years ago. Government-controlled programs to rescue the fallen New York bankers, the Chinese colonizing Africa , and massive state investment funds - all this shows us how modern business is becoming a tool that could serve to exerting political pressure. "War is just a continuation of politics by other means" - Carl von Clausewitz wrote. Well, today to reach their political goals they do not need to carry out conventional war. In cases where the globalized world economy involves a very strong network of connections both aggressor and victim of aggression and devastation of a single economy by the military action brings fewer benefits than its "hostile takeover" measures of economic pressure. The economic war is therefore a continuation of war and politics by other means .. .

Hence, in my mind that the concept appeared not to have entered the era of world economic wars ... The name itself refers to the works of famous Polish science fiction writer Jack Dukaj. " "Black Oceans" book contains an interesting concept of Instant Economic Wars - instant world of economic wars, waged by states and global corporations, consisting of mutual hostile acquisitions, speculative attacks on exchange and absorb each other's assets ... Science Fiction?

Not really. Today we are experiencing the problems in the financial markets are a powerful player with the amount of capital that allows to generate on demand boom or slump in the whole of the exchanges. The problem becomes in asymmetries in access to information and the manipulation of access to exchange-traded contracts are concluded in millisecond intervals by the automated system coupled with each other supercomputers. The problem is excessive leverage, virtual assets have no real cover in the raw materials. the current crisis is completely dependent on market manipulation and creation of virtual securities ...

We are witnessing the incredible size posuniętych pressure and manipulation of the value of money. We see the printing of currency which does not have to cover any physical good. We are facing price manipulation gold and silver on an unimaginable scale.

All this makes the already appropriately organized state or private holding companies can exert a political pressure for the whole economy and country. This is confirmed by our local experience to an agreement between Russia and Germany on the gas in which business and government passes on the border of corruption and immorality.

It's no wonder that the concept of modern economic war is also in the studio work of the National Defence Academy in Poland. Also U.S. Department of Defense defines an economic war as "aggressive use of economic resources to achieve national goals." I would slightly modified this definition. It is about the use of economic resources to achieve the interests of a group. The nation state in times of global corporations (that are transnational in nature and that have a giant budget begins depreciate.The economic war is thus out, from the military domain, and enter into a period where the barbaric global guerrillas will fight each in the name of any political interests of a political or terrorist group interest.

It seems to me that we are entering a very interesting, and dangerous at the same time, the period when the burst will be local and global economic conflicts. In turn violent conflict increasingly will serve the implementation of political and economic interests, or even a purely economic sense and will become an extension of global economic wars in their bloody version.