Paul Craig Roberts \u2013 former Assistant Secretary of the Treasury under President Reagan, former editor of the Wall Street Journal, listed by Who\u2019s Who in America as one of the 1,000 most influential political thinkers in the world, PhD economist \u2013 wrote an article yesterday about the build up of hostilities between the U.S. and Russia titled, simply: \u201cWar Is Coming\u201d. In the article, Roberts notes:<\/p>\n
\nAs reported by Tyler Durden of Zero Hedge, the Russian response to the extra-legal ruling of a corrupt court in the Netherlands, which had no jurisdiction over the case on which it ruled, awarding $50 billion dollars from the Russian government to shareholders of Yukos, a corrupt entity that was looting Russia and evading taxes, is telling. Asked what Russia would do about the ruling, an advisor to President Putin replied, \u201cThere is a war coming in Europe.\u201d Do you really think this ruling matters?\u201d<\/p><\/blockquote>\n
In January, well-known economist Nouriel Roubini tweeted from 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:<\/p>\n
Both Abe and an influential Chinese analyst don\u2019t rule out a military confrontation between China and Japan. Memories of 1914?\n<\/p><\/blockquote>\n
Billionaire hedge fund manager Kyle Bass writes:<\/p>\n
Trillions of dollars of debts will 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, all too often war is the manifestation of simple economic entropy played to its logical conclusion. We believe that war is an inevitable consequence of the current global economic situation.<\/p><\/blockquote>\n
Reagan\u2019s head of the Office of Management and Budget \u2013 David Stockman \u2013 is posting pieces warning of the dispute between the U.S. and Russia leading to World War 3.<\/p>\n
Investment adviser Larry Edelson wrote an email to subscribers entitled \u201cWhat the \u201cCycles of War\u201d are saying for 2013\u2033, which states:<\/p>\n
Since the 1980s, I\u2019ve been studying the so-called \u201ccycles of war\u201d \u2014 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 \u2026.<\/p><\/blockquote>\n
Former Goldman Sachs technical analyst Charles Nenner \u2013 who has made some big accurate calls, and counts major hedge funds, banks, brokerage houses, and high net worth individuals as clients \u2013 says there will be \u201ca major war\u201d, which will drive the Dow to 5,000.<\/p>\n
Veteran investor adviser James Dines forecast a war is epochal as World Wars I and II, starting in the Middle East.<\/p>\n
Economist and investment manager Marc Faber says that the American government will start new wars in response to the economic crisis:<\/p>\n
\u201cThe next thing the government will do to distract the attention of the people on bad economic conditions is they\u2019ll start a war somewhere.\u201d<\/p><\/blockquote>\n
Martin Armstrong \u2013 who has managed multi-billion dollar sovereign investment funds \u2013 wrote in August:<\/p>\n
Our greatest problem is the bureaucracy wants a war. This will distract everyone from the NSA and justify what they have been doing. They need a distraction for the economic decline that is coming.<\/p><\/blockquote>\n
Source: Washington’s Blog<\/p>\n","protected":false},"excerpt":{"rendered":"
Nouriel Roubini, Kyle Bass, Hugo Salinas Price, Charles Nenner, James Dines, Jim Rogers, David Stockman, Marc Faber, Jim Rickards, Paul Craig Roberts, Martin Armstrong, Larry Edelson, Gerald Celente and others warn of wider war<\/p>\n","protected":false},"author":2961,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[782,1295],"tags":[144,2337,1388,66,745,1808,9573],"class_list":["post-14972","post","type-post","status-publish","format-standard","hentry","category-features","category-in-depth-coverage","tag-china","tag-japan","tag-middle-east","tag-russia","tag-usa","tag-war","tag-world-war-iii"],"cc_featured_image_caption":{"caption_text":false,"source_text":false,"source_url":false},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/14972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/users\/2961"}],"replies":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14972"}],"version-history":[{"count":2,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/14972\/revisions"}],"predecessor-version":[{"id":14974,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/14972\/revisions\/14974"}],"wp:attachment":[{"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}