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In March, I documented how the United States suffers from the worst social and political divisions since the Civil War.
Then last week, I demonstrated how China, the world’s second-largest economy, is on the verge of a volcanic eruption due to schisms that are even more extreme.
And today, I show you how the European Union, with a total GDP that rivals ours, is now closer to internal fracture than either the United States or China.
Each of these economies is so large that domestic turmoil in just one could easily destabilize the global economy. So …
Imagine what might happen if all three, representing a whopping 62% of the world’s entire GDP, are embroiled in civil strife of some kind.
Imagine how it would impact global trade, interest rates, real estate, and gold.
Think of how deeply it would gut corporate profits, stock markets, even bonds.
Consider how you might prepare for such a cataclysm.
And then read on for the facts, the figures and my instructions on each …
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| Larry Edelson with Martin Weiss, circa 2012. In that year, Larry first warned of the rising cycles of war. |
The Deep Seeds of European Conflict
Over four years ago, Money and Markets editor Larry Edelson was the first to unambiguously forecast this rising cycle of conflict and clearly delineate its investment consequences.
He was also one of the first to warn that the 28-member, 1,669,808-square-mile, European Union was doomed to collapse, dooming the euro.
Now, in “Seeds of War Are Now Everywhere,” he pulls no punches in describing the most vulnerable regions of the world, especially Europe – a “cesspool of rotten politics, inept leaders and a monetary system that was flawed from the outset.”
Indeed, like in the United States and China, Europe suffers from its worst income inequality in recent memory, especially between member nations.
This is not a new phenomenon; the income gap between richer EU nations like Germany and poorer countries like Spain, Greece, and Portugal has always been jarring.
For example, in 2009, the yearly income per capita was …
- A hefty $41,890 in Germany, compared to
- A much lower $32,412 in Spain …
- A meager $29,819 in Greece, and …
- A miserly $23,122 in Portugal.
But since the Great Debt Crisis, the gap has gotten far worse. Income per capita has …
- Risen by a hefty 13.9% in Germany, but …
- Fallen 4.2% in Portugal …
- Sunk 8.1% in Spain, and …
- Crashed by 27.6% in Greece.
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| While the income Gap between Germany and Greece (shown here) is among the most striking, it’s also evident between other richer European countries and poorer countries such as Spain, Portugal, Cyprus, Romania, Bulgaria and others. |
Richer European countries managed to recover from the Great Recession. But many of the poorer countries slid further into their already-dark hole.
This megatrend is similar to the divisive, strife-generating, income-inequality stories I’ve described for the United States and China. But in the European Union, in addition to generating resentment and disdain between social classes …
It fomented envy and anger among member nations …
It drove migration from poorer to richer member nations …
And it set the stage for the future political disintegration of the European Union.
That was the kindle wood (through year 2014).
Now in 2015-16, here comes the fire …
Let’s walk step by step through the sequence of events, and you’ll see exactly what I mean.
On the outskirts of the European continent, violence and chaos engulfs seven nations — Iraq, Afghanistan, Pakistan, Iran, Syria, Yemen and Libya.
Many other countries — in Africa, the Middle East and South Asia — sink deeper into poverty, instability, terrorist attacks and sheer desperation.
Suddenly and without warning, in 2015 alone, over one million migrants and refugees pour into Europe, three to four times more than the record-breaking numbers of 2014.
Some EU leaders fling open their doors to the human tsunami. Others scramble for ways to stop it, but completely fail to stem the tide.
In either case, the refugee crisis is their political Armageddon.
All across the Continent, anti-EU political parties, already on the rise before 2015, jump on the crisis to rally mass popular support, push for greater independence, or demand a clean break from the European Union.
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In Hungary, the right-wing nationalist conservative Fidesz party enjoys an absolute majority under the leadership of Victor Orban since 2010 and then record-high voter support in 2016. Today, the party’s agenda is viewed as so extreme, says EU foreign policy chief Javier Solana, that if Hungary were applying for EU membership today, it would be flatly rejected.
In Poland, the fiercely anti-EU party, Law and Justice (PiS), gains an absolute majority with parliamentary elections in October 2015.
In France, the National Front under Marine Le Pen emerges as one of the strongest political powers, taking more votes in 2015 local elections than the Republicans or Socialists. Again, greater independence from the EU is a primary goal.
In the Netherlands, the Freedom Party under Geert Wilders, vows to immediately pull the country out of the EU. Although this platform was rejected by voters in 2014, Wilders now leads in Dutch polls ahead of elections next year, giving him the ammunition to flatly declare that the “EU is finished.”
In Austria, the Freiheitliche Partei Österreichs (FPÖ) is also staunchly anti-EU. In this year’s first-round election for president, FPÖ member Norbert Hofer wins handily with over 36% of the vote. In contrast, candidates from the two ruling centrist parties fail to even make it into the runoff election to be held this coming Sunday, May 22. Whether Hofer wins or not, for the first time since the end of World War II, Austria will definitely not have a president from one of its establishment parties.
In Germany, the newly emergent Alternative für Deutschland (AfD) now has more popular support than at any time in history, just five percentage points behind the centrist Social Democrats. Until recently, although the party was staunchly against the euro, it was ambivalent about the EU. But now, riding high on an anti-immigration platform, their new manifesto is very clear: To abolish the EU forever.
In the UK, the campaign to exit the European Union now enters its climactic phase, leading up to the June 23 vote, and anti-Brexit forces are stepping up their rhetoric:
UK Transport Secretary Patrick McLaughlin says a pro-Brexit vote could spell the end for the British agricultural and auto industries.
The Bank of England warns that a UK vote to leave the EU is likely to cost jobs, raise prices, trigger a sharp fall in the pound and cause a recession. And The Guardian says a Brexit could be a perfect gift for Vladimir Putin.
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But despite the attacks, the pro-Brexit forces remain strong. Right now, The Financial Times tracks 43% of voters in favor of leaving the EU and 46% in favor of staying. But the sentiment is volatile and the outcome still too close to call. So a Brexit vote is still very possible.
And whether the UK decides to stay or leave, the rising tide of anti-EU sentiment sweeping across the Continent is now reaching critical mass.
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Anti-EU parties are growing in national parliaments. And as you can see in the chart above, they’re even stronger in the European Parliament itself.
But what’s most dramatic of all is the fact that, right now …
The Battle Is Moving into the Streets
In prior years, the pro- and anti-EU forces were usually content to debate the future of the union in erudite seminars attended mostly by academic scholars and policy wonks. Today, the battle is on the streets, spurred by the flood of immigration and its inevitable backlash.
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| German police seek to contain mass protests against Germany’s new AfD party convention last month |
Mass anti-immigrant demonstrations — along with mass demonstrations by those who oppose them — are endemic.
Worse, in Germany alone, just in the first three months of this year, the Ministry of Internal Affairs has registered 347 attacks on refugees and migrants, triple the number recorded in the first quarter of 2015 and ten times more than 2014.
And on the other side of the conflict, German authorities attribute more than 200,000 criminal acts to the 1.1 million registered refugees in the country. Most involve strictly property damage and fraud. But some include bodily damage, personal threats and coercion. And while fewer than 1% of these are sexual assaults, the popular outrage they spur — and the shift in anti-immigrant, anti-EU sentiment they create — is overwhelming.
Clearly, just as Larry warned years ago, the conflict has reached a boiling point. And barring a miracle, the days are numbered for the European Union as we know it today.
The consequences? The Bank of England’s warnings for the UK apply equally to the European continent and the United States:
- A big hit to foreign trade and corporate profits.
- A protracted bear market in stocks.
- Growing difficulties by even the richest sovereign nations to service and pay their debts.
- A chronic decline and climactic demise of the euro.
- A dramatic revaluation of the U.S. dollar, cutting even more deeply into the profits of U.S.-based multinationals.
- Rising joblessness in Europe, the U.S. and globally, leading to …
- Still more domestic conflict in Europe and beyond.
I trust that, by this time, you are prepared for this scenario — if not totally, at least partially.
I encourage you to continue on that path.
For my specific instructions, be sure not to miss 5 ETFs for Protection in Another 2008 and My 7-Step Portfolio Protection Strategy.
Good luck and God bless!
Martin
Dr. Weiss founded Weiss Research in 1971 and has dedicated his entire career to helping millions of average investors find truly safe havens and investments. He is Chairman of the Weiss Group, which includes Weiss Research and Weiss Ratings, the nation’s leading independent rating agency accepting no fees from rated companies. His last three books have all been New York Times Bestsellers and his most recent title is The Ultimate Money Guide for Bubbles, Busts, Recession and Depression.
{ 38 comments }
An Excellent article on the chaos within the EU. Congratulations.
Dr. Weiss’s article have all been excellent. We are not quite there yet, but it looks like Edelson nailed it with his forecast on the direction of oil prices, Jim
I am afraid you have it totally wrong!
US foreign policy (and European lap dogs) is essentially responsible for today’s chaos. The disaster of going into Iraq, staying too long in Afghanistan, the insane invasion of Lybia and we’re it not for Putin – a trip into Syria!
This is the reason for the migrant crisis in Europe – as protective barriers (Lybia, Iraq etc) were dismantled.
As for the income gap, this is no more evident than in the US. As the rich get richer and the poor get poorer, capital is sitting idle.
No wonder candidates like Trump and Sanders are floating to the top I’m a political did functional and economic environment.
Perhaps our hope lies with either of them?
Sanders is a parasite and a waste of space, he has never worked a day in his life,
Trump is a living dynamo, he has spent his life and made his Billions buying and rebuilding bankrupt corporations. He is exactly what the USA needs at this moment in time. In fact the concept of professional politicians is a recipe for corruption. The USA is inhabited by some of the thickest humans on the planet. The Clintons should have been given the death penalty years ago. If any other person was caught in the same act prison would be mandatory.
Paul (Tuesday,17th.May) Apart from your grammatical errors, I agree entirely with you. Rich ,richer , poor, poorer. Not a good mix.
Hi Martin,
It’s not a pretty message you share with us today but it’s definitely a realistic one.
Not sure it makes sense blaming anyone. The seeds of this looming disaster were planted and germinated in the blood soaked soils of WWII some 40-50 years ago.
Who would have ever guessed that a Brexit would be contemplated even 10 years ago. However between then and now the EU has been messing with our heads and wallets and people will only take so much before they come after the social architects, looking for reasons why these people have been cra**ing-out everyone else’s nest with their own self interest and greed.
Cheers
Mark (FGS)
And now some reality from a European in Europe:
1. Anti- Europe parties in all European are gaining; but only to complain about the constraints imposed, but not the free EU hand-outs…everyone wants a fee lunch. No-one except maybe UK, wants to give up the continuous subsidies paid by the rich countries headed by Germany. Look at Greece…;complaining continuously but no Greek wants to give up the German subsidies, the pensions paid in Euros instead of Drachmas & the return to a currency that is worthless
2. the nationalist parties want to block immigrants…just like Trump, but not to become independent. Trumps wants a wall on the Mexican border, Eastern European countries want a “Trump Wall” across the Mediterranean. but East European countries, starting with Poland & the Baltic States do not want to be alone facing an aggressive Russia.
3. In UK, the Brexit/antiBrexit politicos are screaming and the majority of the population are bored & may not even vote. but If UK does vote for BREXIT, the pro-European governments & bureaucrats will make the divorce as painful & brutal as possible for UK so as to intimidate the anti-EU voters in other countries
4. In France, the Front National gained a lot of votes in municipal elections but has only TWO members in the national assembly & NO senators…..So all noise & no ELECTED political power
Only get worried when Germany or Finland votes to “exit”
Expect the EU to be less a wannabe Federal State & more a Confederate States of Europe, but unified against external threats. Think USA 1820s, 1830s before Mexican War
This article is simply a report on the most recent disasters to happen when the voters forget what happen the last time they let the Conservatives into power in the world….. Almost 100 years their ruinous Conservative Domination Cycle brought us 1929. And it appears 2007 wasn’t painful enough, so it is going to take an even greater economic Crash for the voters to finally stop believing the billions in political ads that ONLY enrich the 3% before they revolt and throw the Quislings to those 3% out of office, so that, once again, we can have economic success in the civilized world….
Can’t sneak the cheese past the rat! I wish you were on my side. Jim
Do you still remember all of the “Good Paying” Middle Class Jobs and the low levels of Income Inequity and the thriving American Economy that we had prior to Reagan and the Republican Revolution in 1981? All of those trade deals that took millions of those jobs to China and Mexico began to take shape in 1982….. And here we are again, aye?…. :(
I hate those trade deals too. But be honest for a change, 495….those were supported by Dems and Repubs.
I remember my parents telling me how JIMMY CARTER a democrat how his policys nearly destroyed everything they told me back then they had sky high inflation and unemployment that their mortgage on their first house was so high over 20% they told me things finally got better under RONALD REAGAN his second term
…and your parents were correct!
Utter garbage! The outsourcing came from Clinton, a wanted criminal. His saviour was a peanut farmer who had his wanted notices removed. He also presided over an invasion on USA soil. Your current commie president has spent more tax payer money than all of the US presidents put together, including 2 world wars. World war 1 and 2 were both started by the UK. They however had the least troops in both conflicts and will always fight to the very last commonwealth or US soldier standing. I have actual news papers from the start to finish of WW2. Clinton was the first US president to ship US jobs offshore in the millions, he also raised US taxes 38% sending US firms for cover. Communism was simply rebranded Democracy.
You are correct Sir. Unfortunately, the USA has generations of people who attended schools run by pathetic liberals – rarely did they learn personal accountability and initiative for themselves.
Eagle, there is plenty of blame to go around on some of these bad trade deals, and it is a muddled mess. You are caught far off base though trying to put all of the blame for a slowing economy on just the Repubs. No sense in reviewing the Obama failures and his incredible run up of our National Debt. This is plain for all to see now. Do some research on our economy prior to LBJ and his “Great Society” programs in 1965. I am old enough to remember those prosperous days. I have watched America decline over the past 50 years as more and more people became so dependent on hand-outs from the government. Our debt and taxes are massive now, and that it is a major cause keeping our economy from expanding the way it did back then. Unless you have some background in economics you will not understand what I am trying to tell you. It is not the fault of conservatives though as you attempt so hard to believe.
Yes an excellent synopsis. I find it amazing how the America market can go against headwinds like this. The bad news seems to come from all directions and yet it ekes out a gain incredible.
My immediate impression when I first heard about the EU was that this was a concept of wanting to have your cake and eat it too, doomed from the get go. I am still amazed that the EU and euro have not come to self destruction by now. The aims and goals should have been approached by way of treaties, and the central beurocracy in Brussels avoided at all cost. I still feel that the political root of this concept was to gain additional influence in world organizations by having central representation of the EU whilst still maintains representation of each and every country. And then, to be so desperate as to completely ignore the guidelines established for membership; that had to be a product of kingdom expansion by the bureaucrats in Brussels.
Each country using the euro can not devalue their currency to accommodate national circumstances. In the event there is no Brexit, it will be just a matter of time before the pound could give way to the euro as well; but British voters are not being made aware of this. The symptoms that Dr Weiss highlites could well at long last undo both the euro and the EU, Brexit or no Brexit.
One of the concepts most of us learn early is how to budget and manage our finances. When you hear an argument advanced as a resolution to an immediate Greek default is to extend the maturities and reduce the interest rates it’s time to reconsider membership. The critical thing not discussed with the British people is honesty and credibility. Yes there are those with their hands out wanting a free lunch but the ability for others to pay for it has almost run it’s course. The British people are being lied to by self interested hidden forces. Let’s hope that common sense comes without bloodshed.
Larry may have problems with some of his recommendations, but he has been right on with most of his political/economic predictions. I don’t see how he can continue saying China is a safe place to invest, though, with rising unrest developing there. The Communists are becoming more repressive, while the people have had a taste of prosperity, and personal freedom, and naturally want more. Unrest has to be growing there, and that means more repression from the politicians in power. We are beginning to get a bit of it in this country, and our pot is heating from simmer towards boil. What must it be like in China, where the lid is clamped even tighter.
All politicians have power and wealth as their goal. Power comes first, of course, since wealth will follow automatically. Look at all our ex-presidents, for example. None of them are hurting much in the wallet. Especially Bill Clinton. The Bushes are quieter about it, but are certainly not hurting. Remember, when you go to the voting booth: power corrupts; absolute power corrupts, absolutely. the same thing could be said about wealth. We apparently will have a choice in November, between self made wealth and politically made wealth. I’m not sure which is most corrupt, but I know which has full backing from it’s Party.
Chuck,
If ever we need another Lincoln, Teddy , FDR or Kennedy, it is now. Since the 1980’s the wealthiest 3% have been increasing their spending to hire more and more Quislings to do their bidding and make them even richer at great cost to the 97%.
Let us hope that the revolution is a Democratic one that is solved at the voting booth much like 1932….. If that had not happened, we would have had an armed revolution and the very first to go to the firing squad would have been those members of the 3% who were calling him a “Communist”…
Personally, I currently see only one and his name is Bernie and if he could get Elizabeth Warren to be his VP, they would be unstoppable……
If Socialists Bernie and E. Warren are elected…we will look like Venezuela. C’mon 495…..socialism is a disaster. Why do you want socialism?
where is the flood of money from europe to drive the markets to new highs?
Thank you for these facts and very intelligent and intuitive analysis. Really sad and scary. It’s more or less a description of impending Armageddon/end of western civilization. There’s more to it than this brief analysis can provide, as well, including demographics in the LARGEST sense of the word (racial, etc and not just age groups, reproductive rates, etc that are the “third rail” of financial analysis that no one in financial/economic analysis ever discusses, just like politicians don’t discuss the insolvency of entitlement programs and our bankruptcy and impending currency collapse through the national debt and central currency manipulation), but it’s all pretty much bad/very bad/disastrous. At least you are trying to help individuals protect themselves as much as possible financially.
If my fellow UK citizens do not have the will to remove the UK from the EU in June then it seems we will only be postponing it; others will do it for us.
Etfs r only paper it be worthless if our money is destroyed. Hard assist the only thing that can keep your worth inticted.
Execellent, but not only in Europe, The hole world we know wil chance. It will cost so many lives. But the good thing is, after this we have he possibility to change economics and politics world wide. I will wait and have protected myself as far as I can. With love from Europe!
As a second generation American with both French and German ancestry, I can tell you that the whole thing was doomed from the start. Instead of a loose federation like the ASEAN nations that cooperate, Europe gets the EU that wants to be a giant unified entity like a conglomerate. Well, we all know what happened to LTV and the great conglomerate craze in the l960’s. No one said that nations are somehow immune.
If the Brexit vote were taking place in a vacuum, Scottish Independence would provide the necessary counterweight, and UK voters would back the status quo ante. The reason: An independent Scotland could apply for EU membership.
As could an independent Wales.
Even an independent Cornwall.
Thus, a decade ago, moderate voters in the UK, voted against Scottish Independence, which implied Scots consent to JOINT EU MEMBERSHIP (conjoined as the UK), instead of independent EU membership as Scotland itself.
This affirmed Scottish decisions dating back for some years. The winter of 1547, to be precise. After gorging himself on 37 pickled eels, King Henry VIII’s stomach ruptured and he died of internal bleeding. Surgery to repair such wounds, did not exist in 1547. The late king left behind several dead wives but no heir to the throne. Under English laws of the day, Henry’s only possible living heir was his sister, who had married the King of Scotland.
Married women weren’t believed fully human in 1547, so the effect of her marriage, was that the King of Scotland owned his sister’s new inheritance, the kingdom of England. He travelled to London by carriage, noted the abundant food supply and warmer weather, and decided to rule both his kingdoms from London. Thus did the Scots acquire control of England.
The City of London’s financial district benefitted from the temporary maintenance of the Pound Sterling as a separate currency, that some day in the distant future, when the EU reached full stability, would be merged into the Euro. London traders were to make a good living, meanwhile, on every tiny arbitrage set up, over goods rolling through the Chunnel, day-trading Euros against Sterling.
Since the Scottish Independence vote’s failure, no longer is there a question of whether the Island of Great Britain would have 5 nation states on it, all EU members, or 1 nation state, the UK, as an EU member.
The new question today, given that there may soon be no EU at all, is what ought Scots to do with the aftermath of the EU collapse, now that selling England to the EU and swapping out Sterling for Euros at a profit, is no longer feasible.
A decade ago, the Euro promised to be an inflation-proof currency better and safer than gold. Major economic depressions, thanks to English economist Keynes, were impossible, because governments could print currency and stimulate economic growth. The barbarous relic, Gold, stashed in London vaults, would be sold off to jewelry-makers the world over, toxic cyanide would no longer be used to recover the leftover gold in old mine tailings, and a major war could never happen, for civilised people knew better.
The picture that’s now emerging, is that the Great Depression began in a prison cell, where fanatic cop-killer Adolf Hitler got locked up with paper and writing instruments, and penned a scary book entitled “Mein Kampf”. The threat of renewed war caused a global flight to liquidity. It was the more-intelligent victims of the eventual World War II, liquidating assets and selling them out to dumb trusting Europeans who bought into the “Hitler is a man of peace” propaganda, that caused economic activity worldwide, to halt.
Every American kid who got brainwashed in primary school about Roosevelt’s New Deal saving Americans from the Great Depression, needs to understand that simple fact. When some jackass threatens to start killing a lot of people, the people who feel threatened, figure out ways to survive. Usually that means selling land and buying portable things…gold coins, uncut diamonds, crop seeds, tractors, plows, cars, trucks, horses, cattle, ships…that can be quickly moved out of a war zone and put somewhere safe, while every object within the war zone gets smashed to smithereens in the fighting.
Today’s group of crazies, beginning with Osama bin Laden and continuing through with ISIS, are even more effective than Hitler ever was…because they’ve realized that in a world full of CNN viewers, the quickest way to move financial markets is to spill a lot of blood somewhere and use the spillage to attract TV cameras. The Nazi empire required over-running Russian forces and holding an Arkhangelsk-Astrakhan front, giving them control of Mideast oil fields to run their war machines. The ISIS empire only requires influencing a few million people to flee to Europe for their lives…and running a wee bit of electric power through their global propaganda machines. Fear does most of their work.
Essentially, ISIS’ power over global financial markets, is the direct result of excessive sovereign debt, If nation-states did not depend on currencies with which to perform their payment obligations on debt, those nation-states would be able to survive on current income, no matter how tumultuous the financial markets became. By tying currencies to traded debt instruments, nation-states become vulnerable to market turmoil, and will pay for tranquility.
The 1930’s global Great Depression, involved debtor nations trying to paper over their differences with German nationalism and then National Socialism (“NAtional soZIalismus” is the origin of the Nazi Party acronym), while many of their citizens stashed cash and waited for a war to outrun. In the US and Canada, where war damage consisted of a few shipwrecks and a lot of wounded men who returned from Europe, prosperity developed immediately. With no Hitler threat in place, no one had to fear what a war could do to their business. And people took risks and started building. The present concern with terrorism dates back to 1994 and the first World Trade Center bombing attack. Anything that could interrupt communications between oil traders on the NYMEX, was scary, and demanded that traders hedge against the risk of future outages. As the Mideast war threat ramped up, so did money get saved, and people grew risk-averse. 22 years later that risk is fully developed.
Just as in the previous Great Depression, fear of war was causing people to save their money and prepare to flee. Government spending programs were powerless to reverse the Great Depression because they did not address the security threat posed by Hitler. Just as today’s governmental spending programs are powerless to reverse the Great Recession, because they do not address the security threat posed by ISIS sympathizers.
A new world monetary order could happen, but it will not happen, while the terrorism threat remains real.
Governments could diminish the power of those terrorists, immensely, by eliminating their debt burden.
A suicide attack that moves the price of gold by $37 an ounce in 36 hours, as happened in Brussels last March, paid a profit to the attack’s organizers, which encourages future attacks.
A sudden outbreak of honesty, acknowledging that sovereign debts have grown too big, immediately diminishes the influence those terrorist groups exert on our financial markets. Governments with something to hide, can be blackmailed. Honest people can not.
Much truth here, Bob. I think the Brexit vote will all hinge on the state of the market (and thus negative social mood) over the next several weeks. If we get a big drop….Brexit will happen.
Bob, that was well said and sheds a light on much of what has happened. Thanks for presenting this.
What a fantastic article. I totally agree, the great european dream is doomed. I compare it to the communist dream…great idea on paper but in reality its failing and ulimately will fall apart into a horrible mess. I am British and hope to god we get the hell out of this european tightrope. Cheers all x
Thought and beyond!
The “Communist Dream” was not even a good idea on paper. Collectivism is completely contrary to human nature. It reduces the work incentive for the ambitious and the lazy. It has always been the path to power for people like Hillary and Bernie by appealing to the uninformed with offers of something for nothing. It will always damage any country where it is tried, and if carried too far it ends in disaster. Just look at Venezuela today. Too bad the Leftist media will not talk about their plight. Maybe the masses would learn from history for once.
The US will do everything and anything to prevent the break up of the EU which is the Only large Economic/Political Group in the World that supports and side with the US even
when EU “controlling countries” disagree with the US like Middle East Interventions.
South America never was very friendly nor important to US, Asia is under the Chinese Financial control and Political Influence, India is a Work in progress WIIFM with huge population too poor, politically too pink to support the US , Africa is Economically and Politically insignificant for now Russia the only country with enough Military Power to stand up to the US would benefit from the EU break up, last the Chaotic Middle East where the only friend and supporter Israel is Economically and Politically isolated lacking
size to be influential in the area, will continue to fight each other even more as Oil Power
is diminishing. Multiculturalism Utopia that US has pushed and continue to push Nationally and Internationally has weakened our Country Politically/Economically as well Europa like Dr. Weiss describe and fractioned the UNITY once we had creating a new instability bad for all economies. Eventually in the US a charismatic person will emerge to create a 3rd Party with the disenchanted forces of both parties, since neither Party will reform. Sadly it is not a pretty picture uncertain present and future Politics/Economy, World Social Order and well being, the underlain problem of explosive population growth according to Demographics Experts has crossed the point of non return is simply getting unsustainable. Maybe the best option is a return to fundamentals stick with what you know, Work, Family, Friends, savings and a little extra Gold.
Although there is growing instability in Europe I anticipate that a kind of catastrophic collapse is unlikely. The key countries are UK and Germany. I think the UK will stay in the EU and Germany will still maintain the balance of being pro-Europe. Merkel is clearly influenced by the majority view and the German perspective will shift with that majority view. I just see the instability being maintained for some time. On the migration front there is sufficient discontent to stem the influx via political influence. (I live in the UK and have lived/worked in Germany, BTW).
I intend to vote for the Conservative, Christian, Pro-Gun, Pro-Life, candidate, and do what ever I can to help the country, albeit, I am a Disabled Vietnam Veteran: 68-70, and also write a humble, Christian based Blog: TOM’S JOURNAL. However, the Bible– Book of Revelation plainly says in Chapter 13, etc., that a ‘One World Gov’t’ WILL COME TO BE A REALITY !! Sorry to be the barer of sour grapes, bad News…. IMHO, people in the USA don’t care anymore if we are Socialist or not. They are uneducated and too full of themselves and drugs, etc., to even care! I firmly believe in the 2nd Amendment, and if that Right/ Liberty ever is lost —America will collapse. Period.