“All Cyprus is, it’s (similar to) a division of the Grand Cayman Island, it’s just a different group of people washing and money laundering. But this is about much more than Cyprus, bank runs, and stealing money from the depositors. What we are looking at, Eric, on another level is an alliance, an alliance leading to wars. Look, they just appointed a new President in China, Xi. Where is the first place he went to visit? Moscow. Putin. Then there is Iran. So you can see the alliances already forming: It’s China, Russia, and Iran, against the United States, the Arab League, and Nato. And then you look at where the United States is now moving its military – Asia.”
Related posts:
Bill Bonner: Where will China be in 6 months...or 6 years?
Trade Wars Mean the End of the Bull Market
How Responsible Is Obama for the Oklahoma Killing?
The Real Reason to Welcome Secession
Criminals do not need guns
Bill Bonner: A Vicious Collapse in Gold?
Bill Bonner: Can paper money survive a full credit cycle?
How Will White House Find Legal Grounds to Bomb Syria?
Saudi Arabia Pushes US Toward Military Strike in Syria
Bill Bonner: “Thank You, TSA, NSA, IRS, FBI and CIA!”
Here’s a risk to stocks you’ve likely overlooked
The Myth of Trump’s ‘Global Retreat’
Money Laundering Is Financial Thoughtcrime
As the market panic demonstrates, central banks are stuck on a treadmill of money printing
Ron Paul Interview with Charles Goyette