Looks like Lybia is about to fall to hard line Islamists

[Little John]

Major gains being made now across the Middle East and African Muslim diaspora. Libya being merely the latest development. Several countries have now instructed government officials and any other citizens to leave the country.

http://rt.com/news/175984-libya-airport ... on-zintan/

[vtsnowedin]

Major gains being made now across the Middle East and African Muslim diaspora. Libya being merely the latest development. Several countries have now instructed government officials and any other citizens to leave the country.

http://rt.com/news/175984-libya-airport ... on-zintan/

Major gains by who? And why are you for them?

[Little John]

Major gains being made now across the Middle East and African Muslim diaspora. Libya being merely the latest development. Several countries have now instructed government officials and any other citizens to leave the country.

http://rt.com/news/175984-libya-airport ... on-zintan/

Major gains by who? And why are you for them?

Major gains for Islamist hard line factions.

What makes you think I am for them? Or, are you merely expressing the cultural tendency of your country of needing to simplistically dichotomise people into either either being for something or against something.

[vtsnowedin]

Major gains being made now across the Middle East and African Muslim diaspora. Libya being merely the latest development. Several countries have now instructed government officials and any other citizens to leave the country.

http://rt.com/news/175984-libya-airport ... on-zintan/

Major gains by who? And why are you for them?

Major gains for Islamist hard line factions.

What makes you think I am for them?

Perhaps your posts on another thread. If you were against them you might have described it as a setback for their opposition.

[Little John]

Major gains by who? And why are you for them?

Major gains for Islamist hard line factions.

What makes you think I am for them?

Perhaps your posts on another thread. If you were against them you might have described it as a setback for their opposition.

Utter f***ing drivel.

Fish need water in which to swim. The water in which barbarous organisations such as ISIL and others are swimming is created by the various injustices, both directly and indirectly (via various puppet/client regimes) perpetrated by the West towards the Muslim world. Regimes such as the despicable robber state of Israel, such as the corrupt regime of Saudi Arabia and all the rest. The water needs to dry up before these organisations will disappear and they will continue to flourish so long as it does not. Now I understand the above is a little bit more complicated an analysis than your simplistic "for or against" dichotomy. But, that's a problem for you and your country to deal with.

Quote the posts, or I call bullshit.

[vtsnowedin]

Utter ******* drivel.

There I quoted it.

[PS_RalphW]

The US has evacuated its embassy in Tripoli. European governments have followed suit. A British diplomatic car was fired on, but escaped.

The main airport is trashed. A 20,000 barrel oil storage depot is on fire. There is no central government control, Islamist factions seem to be fighting it out, the military hard man who was being given tacit support a couple of months ago seems to have faded out of news reports. Reports of looting, no news on the supposed restart of oil exports, I guess we can forget those for the foreseeable.

The oil market was up Friday, but no further response today.

What will it take to spook the market these days?

[UndercoverElephant]

What will it take to spook the market these days?

Russia/China backing their currency with a hard asset, and nothing less.

We now have a "Truman Show" economy. Nothing is what it seems. The whole thing is being orchestrated and controlled by the central banks and economic statisticians working to a political script. The market knows this, and reacts accordingly. The bottom line is whatever happens, the government and central banks will collude to make sure that there is something resembling a recovery, at least on paper. This will continue until something happens that prevents them from printing money as a solution to all their other problems.

We are heading towards the biggest economic/monetary meltdown in the history of the world. It's going to make 2008 look like a storm in a teacup.

[Tarrel]

We are heading towards the biggest economic/monetary meltdown in the history of the world. It's going to make 2008 look like a storm in a teacup.

But not as much as the accompanying nuclear war will. Unfortunately I'm becoming more and more convinced we're heading in that direction.

Funny how things change so fast. Not more than a few weeks ago, the "collapse-o-sphere" was starting to ring to the posts of those expressing amazement at how resilient the status quo has turned out to be, how predictions of collapse have come to nought, and how to deal psychologically with being the Chicken-Little while everyone else carries merrily on.

And now here we are on the edge of the precipice.

[Lord Beria3]

UE - I suspect you will like this article in the WSWS...

http://www.wsws.org/en/articles/2014/07 ... s-j28.html

All three major US stock indexes fell Friday, capping the largest weekly decline in US stock markets in nearly two months. The catalyst for Friday’s sell-off was a very weak series of sales figures and projections from three corporations tied to consumer spending: DODGY TAX AVOIDERS, the largest online retailer; Wal-Mart, the largest brick-and-mortar retailer; and Visa, the credit and debit card transaction company.

More broadly, the stock market tremors reflect growing concern within the ruling class that share values, which have doubled, and in some cases tripled, since their 2009 lows, are on the verge of another historic collapse

The open secret of the US economy is that the extraordinary rise in the stock markets is entirely disconnected from the process of production. While US economic growth was only 1.8 percent last year, below the average of the previous three years, the S&P 500 stock index shot up more than 20 percent. In the first quarter of this year, as the economy contracted at a rate of nearly three percent, all three US stock indexes continued to rise.

The stock market rally is based on two interconnected elements: the systematic transfer of wealth from the working class to the financial elite, and the provision of an essentially unlimited flow of cash into the financial system by the Federal Reserve.

The most categorical warning comes from John P. Hussman, a former University of Michigan professor and current investment fund manager who published a memo this week entitled, “Yes, This Is An Equity Bubble.” He concluded, “Make no mistake – this is an equity bubble, and a highly advanced one. On the most historically reliable measures, it is easily beyond 1972 and 1987, beyond 1929 and 2007, and is now within about 15% of the 2000 extreme.” He concludes, “The Federal Reserve can certainly postpone the collapse of this bubble, but only by making the eventual outcome that much worse.”

Soaring corporate profits and stock values have accompanied an enormous decline in social conditions for the vast majority of the US population. According to one recent study, the inflation-adjusted net worth of a typical US household has declined by 36 percent between 2003 and 2014. Median household income in the US plummeted by 8.3 percent between 2007 and 2012, and the number of people using food stamps has increased by 70 percent since 2008.

The enormous social retrogression of American society is summed up in one statistic: one in four children in the United States live below the official poverty line, while one in five are at risk of going hungry.

This game cannot go on forever. Ultimately, the valuations of financial assets must come crashing down. The consequences of the coming crash will be even more dramatic than those of the 2008 financial meltdown.

The US ruling elite has reached a historical dead end. It staggers from crisis to crisis, trying to put out fires with gasoline. This pragmatic, shortsighted and parasitic approach to the crisis of the US economy is expressive of the basic physiognomy of the financial elite. This is a social layer that has amassed its wealth not through productive activity, but through the looting of society: raiding pension funds, slashing wages, shutting down industrial facilities and laying off workers.

This internal socioeconomic crisis of American capitalism is a significant factor in US foreign policy, the extraordinary recklessness with which the ruling class and its representatives in the political and media establishment stoke conflict all over the world.

Facing an economic and political disaster at home, the US ruling elite seeks through war a desperate means to shore up its position in the global economy and deflect social anger at home into wars and interventions abroad. Each stage of the economic crisis has been accompanied by an every greater paroxysm of imperialist violence.

The policy of the American ruling class is, in a profound sense, insane. However, it is a socially conditioned insanity, an insanity that expresses a bankrupt economic system and a social order on the eve of revolution.

[snow hope]

Looking back over the last dozen years or more, one could draw the conclusion that the west has set the world up for a religious war of Islam against Christianity. Is this the how WW3 will be played out - the end-game? Is this how we are to "achieve" a major population reduction?

[RenewableCandy]

I'm not sure it's really Christianity (disclaimer: I am not a Christian). It's more like Materialisty.

[snow hope]

I am completely non-religious, but I do think it will be between those two religions as religious zealotry will be required to spark the explosion.

We are being "managed" by the media, ie TPTB, to turn against Islam/Muslims - you can see it everywhere.... and we are led to believe there is good reason for it..... ask your inner conscience how you feel - I have many (reasonable and intelligent) people expressing concerns about the world-wide spread of Muslims - just stating facts as I see them....

Today's media example, http://www.bbc.co.uk/news/business-28553921

[UndercoverElephant]

I'm not sure it's really Christianity (disclaimer: I am not a Christian). It's more like Materialisty.

It's not Materialisty either, and I don't think Europe/Canada/Australia etc.. would follow the US and Israel into a major war with the Islamic world. Far better to sit it out, as will Russia and China, and then hope to be part of the ascendent new world order after the dust settles.

[biffvernon]

You'd better hope it happens before you are 80.