As Jack Rasmus predicted last week, the initial scenario for the Brexit vote is not an immediately global financial crash. The threat is more intermediate than short term. The analogy is not Brexit as a ‘Lehman Brothers’ event, the US bank collapse that ushered in the financial crash of 2008-09, but more similar to a ‘Bear Sterns’ event, the US bank that collapsed in the US early in 2008. Brexit is a warning shot fired across the bow of the global capitalist economy, not the precipitating event for another crash. Jack explains how global investors are waiting to see what happens next before dropping the other shoe. Jack reviews the likely intermediate effects of Brexit on global markets—currencies, bond rates, stocks, real investment, deflation, productivity, bank lending, consumption, and GDP. The relative effects of Brexit on economic regions are also covered: the UK, EU, US, China, EMEs. Recession in the UK will occur first, Jack explains. Europe will stagnate further. Japan’s recession will deepen, the US will enter recession in 2017 soon after the elections. China eventually will have to devaluate its currency with severe global consequences—i.e. the effects of Brexit on financial markets and real economies is just beginning. Political instability in the UK, in both conservative and labor parties is reviewed, with splits deepening in both. What Brexit also means for growing political instability for France, Spain, Netherlands, and Italy; how Brexit is penetrating the US election campaigns, as US elites and corporate push back on both candidates. Jack warns the weak spots of global capital today are Italy’s banks and Japan, where the most likely next ‘Bear Stearns’ event will emerge. Longer term, the UK currency and London as global financial center are finished as global players.
Jack reviews in detail the upcoming UK vote to leave the European Union. Cameron’s ‘faustian’ bargain is coming. What will the ‘devil’ demand? The origins of the vote and likely consequences of a Brexit are considered, for the UK, for the EU and for the US and rest of the global economy. The likely effects on the real economy, as well as more volatility for global currencies, more central bank money injections, more negative interest rates, slowing real investment and declining productivity. Brexit as a proxy for discontent over the conditions in the UK economy, immigration effects, cultural and sovereignty issues. Brexit as a reflection of discontent with supra-national free trade agreements and cross-nation capitalist integration efforts by global financial and economic elites. Jack compares Greece efforts to reform the EU to current UK efforts to do the same and predicts UK will also fail. An alternative scenario post-Brexit: nothing happens for another two years under Article 50 of the EU treaty.
Host Dr. Eugene Zampieron, ND, www.drznatually.com, interviews Col. Philip Blair, MD, ret., (USArmy). Dr. Blair is a Family Physician providing disease management for small business employees in several states. He graduated from West Point in 1972, attended the University of Miami School of Medicine and trained as an Army Family Physician. After medical assignments in three continents and the Gulf War he delivered primary care above the Arctic Circle, Kodiac Island and Newfoundland. In 2002 he became Vice President for Disease Management at AWAC Inc, where he developed a highly successful interventional approach to chronic disease saving employers over $24 million. Since 2011 his own company, Pro Health Advisor, has providing innovative disease management by telemedicine to clients in all states. Dr. Blair has researched, explored and applied industrial hemp cannabidiol (CBD) to clinical care for patients, organizations and other health professionals across the USA and into Australia and UK. His services are internet based and accessible for patient and provider consultations internationally.
On Today’s Heart Of Mind Radio, Host Kathryn Davis shares an interview with Sergio Magaña Ocelocoyotl on the history of the Toltec tradition. He explains the true meaning of the Calendar and gives insights on the transition within humanity as a consequence of entering the time of the Sixth Sun.
He also speaks about the tools the Aztec traditions offer for healing and transformation including Lucid Dreaming and the Obsidian Mirror.
Sergio will be in New York the weekend of May 13th through 16th offering training on these two techniques. Check below for details.
In the second segment, Kathryn will offer information about her upcoming Heart Of Mind Spiritual Support group. The next meeting is Wednesday May 18th. Our new meeting space is listed below.
Sergio Magaña Ocelocoyotl, is a well-known and respected healer in Mexico City, who has been initiated into the 5,000-year-old Toltec or Toltecayotl lineage of Mesoamerica. The tradition began with the ancient Chichimecas, who transmitted it to Teotihuacans and then Toltecs, who then taught both the Mayans and Aztecs. Sergio is also trained in the Tol shamanic lineage (nahualism) of dreaming knowledge that has been passed on in the oral tradition without interruption from master to student for 1,460 years. He is the author of 2012-2021 Dawn of the Sixth Sun and The Toltec Secret: Dreaming Practices of the Ancient Mexicans, 2014.
He travels extensively and has a community of over 50,000 students in Mexico, the USA, Italy, The Netherlands, Spain and the UK. Sergio was chosen by his Nahuatl speaking teachers to be the one to bring the ancient knowledge of the Toltecs and Aztecs to the world. He is a well-known and respected healer in Mexico, who has been initiated into the 5,000-year-old Tol shamanic lineage (Nahualism) of dreaming knowledge of the Toltec or Toltecayotl lineage of Mesoamerica.
He is appointed by Club UNESCO to be the representative whose job it is to preserve Mexico’s Immaterial Nahuatl Culture. He was invited to perform the Toltec ceremony for the Winter Solstice of 2012 for UNESCO along with seven other indigenous traditions from around the world. He is an active presenter at many conferences worldwide, including – Gateways of the Mind conference sponsored by the prestigious Royal Geographical Society of London; Breaking Convention, sponsored by the University of Kent; Mind, Body, Spirit UK and Open Center in New York City.
Jack comments on the recent Wikileaks revelations of secret IMF plans to impose still more austerity on Greece before this summer. Jack revisits his predictions of last summer 2015 that the Greek debt crisis would reappear in 2016 along with the UK exit from the EU and renewed talk of a Greece exit as well—both of which now appear on the agenda. The Troika’s origins of the Greek Debt and why a new kind of financial imperialism is now emerging. Fractures between segments of Europe’s financial-economic elites continue to grow. Jack discusses what’s wrong with US job and GDP numbers, and why China GDP stats are about half of the official GDP rates. Why US central bank, FED, policy of no interest rate hike benefits US multinational companies at the expense of tens of millions of US households and small businesses. Jack concludes with explaining why global oil prices will again fall, China’s mini-stimulus will again fade, and why Japan and Europe will slip further into QE and NIRP (negative interest rates) in coming months.
Jack discusses this past week’s revelations out of Panama of the massive tax sheltering, avoidance and fraud by the US and global economic elites. The economic tax ‘wikileaks’ revelations show global politicians deeply implicated, including Iceland, UK, Argentina prime ministers. Jack refers listeners back to his 2006 ‘War at Home’ book and the ‘Great American Tax Shift’ and writings ever since on this topic, available at his blog, jackrasmus.com and website, www.kyklosproductions.com/articles/html. Where the US, Euro, Russian, China 1% hide their money in 27 global ‘jurisdictions’, estimated conservatively at $11 trillion today. Phone Congress ‘repatriation’ tax proposals of 2005 and 2016 are explained, recent inversion deals, and how and why US corporations hold more than $2T offshore today. In the second half of the show, Jack reviews growing events in Europe, with French workers and students staging massive protests against ‘labor law reforms’, Dutch voters rejecting inclusion of Ukraine into the EU, why odds favor a UK (Brexit) from the Eurozone this June, why a Greek ‘Grexit’ may follow as the IMF threatens to renege on last August’s Greek bailout, and new evidence of a Germany economic slowdown. (For further analysis of Europe, see except of Jack’s chapter 6, ‘Europe’s Chronic Stagnation’, from his 2016 book, ‘Systemic Fragility in the Global Economy’, posted on his kyklosproductions website above).
A Pig In A Pope:
His Holiness Comes To America While His Holy-sh*t Comes In The UK’