November 14, 2018
As US Pushes China To Brink Of War, American People Fail To Notice That “Winter Is Coming” For Them
By: Sorcha Faal, and as reported to her Western Subscribers
A cautiously worded new Security Council (SC) report circulating in the Kremlin today noting officials keeping close watch on the volatile situation playing itself out in the global oil markets states that this crisis was begun during the past fortnight after President Donald Trump used a reference from the popular American fantasy drama television series Game of Thrones to announce the crippling of Iran’s oil export industry by his declaring “Sanctions Are Coming”—that in whose wake saw China cutting off all of its supplies of US oil at the same time its oil imports have surged to record highs—with their now being pushed to the brink of war after Vice President Mike Pence just threatened China with “All-Out Cold War” unless the Chinese immediately undertake dramatic change in all of its policies to accommodate US demands—but whose first main casualty of this conflict are the nearly 15 millionAmerican peoples living in the New England Region who pay the highest price in the world to heat their homes with natural gas as they refuse to allow new pipelines to be built—with their only able to be saved from freezing last winter after President Putin allowed Russian liquefied natural gas to be shipped to them—that this year cannot happen because of Trump’s new sanctions against Russia—thus meaning that, indeed, “Winter Is Coming” for these unsuspecting peoples as this crisis has skyrocketed the price of natural gas into the stratosphere with its doubling its price over the past few days alone. [Note: Some words and/or phrases appearing in quotes in this report are English language approximations of Russian words/phrases having no exact counterpart.]
According to this report, to fully understand the genesis of this present crisis, one must remember that it was only this past March-2018 when American shale oil producers became profitable—that in turn caused them to boost production with the US becoming the top oil producer in the world by September-2018—all of whom were buoyed by their belief that they had locked in stable oil prices for both 2019 and 2020.
Unlike Russia that bases it budget on oil being $40 a barrel that only one-third of the economy depends on, however, this report continues, the American shale oil industry needs oil to be at $100 a barrel for them to remain profitable—and as US oil production is set to soar past 12 million barrels a day, the Americans failed completely to note that they are unable to balance the global oil market as “it’s beyond their control”.
Though President Trump tried to aid the US oil industry by his placing made up sanctions on their competitor oil producing nations Russia, Iran and Venezuela—with Saudi Arabia now being placed in the sanctions crosshairs, too, this report notes, oil production has only increased leading to a global supply that now outstrips demand—made even worse just hours ago when the African oil giant nation of Nigeria announced that it is going to increase its oil production to 1.8 million barrels-a-day in 2019.
Though the Americans were gleefully proclaiming just months ago that sanctions against their oil producer competitors would drive the price of oil to $100 a barrel, this report says, today thousands of these once giddy oil producers are now facing bankruptcy—and is due to oil prices now facing their longest losing streak on record—and that have now officially entered into bear market territory as oil prices have plunged more than $20 a barrel since the start ofOctober.
With the Southeast Asian nation of Malaysia being the proverbial “canary in the coal mine” as oil prices continue their historic plunge, this report continues, its stark warning that when oil falls below $70 a barrel, it will be quickly followed by a global economic crisis, has been met by a now remaining nameless American “energy behemoth” who has exited the oil futures industry completely—and whose consequence of, in turn, exploded the price of natural gas causing it to double in price—and whose stunning move by this large hedge fund has been characterized by their “calling up their broker at 1-800-GET-ME-OUT”.
With economic experts now warning that this oil price crash is leading to a worldwide debt-default, with others, likewise, warning “It’s “Late 2007” For Stocks… We All Remember What Comes Next”, this report further notes, no evidence exists that the American people, much less its government, are heeding the Bank of International Settlements (the “Bank of Banks”) warning of the banking crisis to come because of the mess the Western world is in.
Our 28 June 2007 report titled “US Banking Collapse ‘Imminent’ Warns French Banking Giant” warned you about the Great Financial Crisis to come because banking giant Bear Sterns was about to collapse and take the rest of the world down with it—but the vast majority of the American people chose to believe this:
All that remains now before the economies of both the United States and European Union implode, this report concludes, is what the Americans are going to do to force the price of oil back up—but whose only option to do so is by their destroying by military might their oil producing competitors as all trade wars throughout history have ended—that a just released study presented to the US Congress shows may not be the sanest option as the United States has lost its military edge to a dangerous degree and could potentially lose a war against China or Russia—findings not surprising to Russian military leaders who were stunned to learn how easy it was to jam NATO and US GPStransmissions during their just ended war exercise—and who if attacked, would find these Westerners facing virtual wall of nuclear weapons Russia has deployed all along its border with the European Union—and whose best defense, as it was during the last global financial crisis, is Russia’s massive gold reserves—that had, likewise, saved countless Americans from financial ruin in 2007-2008, but only for those who listened to true things, and know today that, indeed, “Winter Is Coming”.
November 14, 2018 © EU and US all rights reserved. Permission to use this report in its entirety is granted under the condition it is linked back to its original source at WhatDoesItMean.Com. Freebase content licensed under CC-BYand GFDL.
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