IT’S WAR! 5-9-2018

I predicted a regional Middle Eastern War over the next 72 hours, and so we now have one. If you haven’t heard, a real fur ball is now going on between Israel, Iran, Assad Junior, Hezzbollah. I’m told that Russian fighter jets are in the air warning the IDF to not attack Syria. Saudi Arabia and Jordan can’t be far behind. Iran has also unleashed its proxy forces in Yemen to attack Saudi Arabia. We have credible reports of artillery duels, tank shellings, missiles being shot back and forth among other things. The bottom line is Israel is now at war. The full extent of the war, and how wide it will spread, is unknown at this time. They won’t stop now in my opinion. If the Russians get involved, then the US and NATO will get involved, and that means World War Three. Yes, Virginia, we are on the cusp of World War Three as I write this. You may think me mad, but don’t be surprised if a tactical nuke or two, or three, is used. I highly suggest you immediately fill up your gas tank, as in stop reading this blog and get some gas for your car. I assume my blog readers won’t be doing any “last minute prepping,” along with the hordes of sheeple who are now likely freaking out. At any rate, nobody who reads my blog should be surprised now that another regional Middle Eastern War has broken out. Since I was in the US Army back in October of 1973, I have a better read on the level of social chaos that the sheeple will unleash once the fact the US may be at war with Russia in another week or so penetrates the sheeple skull.

 

GAME ON, GANG.

HERE ARE A FEW TWEETS.

The Intel Crab Retweeted

Strategic Sentinel‏Verified account @StratSentinel · 1m1 minute ago

.@Reuters reports that #Iranian forces are taking part in the counterattacks, shelling #Israeli positions in the #Golan.

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An unprecedented amount of military activity continues along the northern border of #Israel and into #Syria. A large #IDF operation appears to be underway, targeting several different factions near #Damascus and southern Syria. IDF is utilizing air and ground assets.

17 replies 188 retweets 131 likes
Reply 17 Retweet 188 Like 131

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At this time it appears attacks on both sides have been confined to tank, howitzer, MLRS, mortars, air based, and otherwise generally immobile platforms. No ground advances are thought to be occurring.

4:29 PM – 9 May 2018

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

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HERE WE GO! 5-8-2018

Um, well gang it’s been nice knowing ya all!

Seriously, we need the Alfaman, “Black Helicopters over DC report.”

Second, my opinion is war between Iran/Hezzbollah/HAMAS and Israel is now IMMINENT, AS IN THE NEXT 24 TO 72 HOURS.

Trump has now fully gone to the dark side, and now can’t recover. Bolton et al are in full control and we are going to war. Further, now that the corrupt “Bibi,” who is now doing a full “wag the dog,” scenario, to avoid being thrown in jail for corruption, as well as having bypassed the Knesset and been given total power to unleash the dogs of war, a regional middle east war, at the bare minimum, is now upon us.

Honestly, I was in the US Army back in October of 1973, at Fort Sam Houston, San Antonio, Texas being trained as a medic. Back then, I was wondering if I was going to be loaded onto a C-130 and end up at Tel Aviv airport.

Forces have now been unleashed, passions raised that will be a true end of the world as we know it scenario. For example, if Israel really does take out Iran’s oil and container ports, the impact on oil prices will be immediate and devastating. Combined with the ongoing missile strikes from Yemen, by the Iranian proxy Houthi, on Saudi Arabia’s oil facilities it will be even worse than the 1973 oil crisis.

I highly suggest you all fill up your car’s gas tanks immediately.

It won’t be long now, gang. Israel, well Israel is simply too arrogant at this point to understand the implications of what a war with Iran will mean. Iran has long understood asymetrical warfare techniques, which means the US is facing sleeper cell attacks here in CONUS.

We know Hezzbollah has been here in CONUS for the last several decades. We know that for a fact.

Russia is also a factor here. Putin has had about all he is going to take, so we may also be looking at a direct confrontation between the US and Russia, as well as Russia and Israel.

At any rate, I have been in the game for over 20 years now. It is all coming down now. Do not pass go; do not collect $200. The game is on, and I just hope the chaos won’t be total.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

ASSAD JUNIOR MAKES HIS MOVE IN EASTERN SYRIA 5-1-2018

I have said for some time now that Assad Junior is focused on restoring the pre 2011 Civil War borders of Syria. I have in various blog posts shown how and why he is doing that. I have also said that when Assad Junior makes his move it will lead to direct combat between Assad Junior’s military forces, his Hezzbollah and Iranian allied forces against US forces, and US proxy forces. Well, gang the chaos is just starting. Here is a link to an article, and yeah it is FARS, ie Iranian news source. Well, if you want to find out what Iran and Assad Junior are up to, then you are going to have to check out FARS. At any rate, the link below indicates that all the troop movements I have been listing are moving into the imminent combat phase. The most likely place for firefights to happen between Assad Junior’s forces and US forces is near Deir Ezzur, which is in Eastern Syria near the Euphrates River. The US and its proxy forces are in the area, as well as in and around various Syrian oil fields and refineries.

The link is here.

http://en.farsnews.com/newstext.aspx?nn=13970211000922

Tue May 01, 2018 5:1
Syrian Army, US-Backed Militants May Engage in Battle in Deir Ezzur
TEHRAN (FNA)- Battle between the Syrian Army and the US-backed Syrian Democratic Forces (SDF) is becoming likely as both sides have dispatched a large number of forces to Western Deir Ezzur, field sources reported on Tuesday.

The sources said that the army has dispatched a large number of soldiers and equipment from Deir Ezzur city to the towns of al-Hosseiniyeh and al-Salehuyeh in Western Deir Ezzur in al-Jazeera region on the Eastern bank of the Euphrates River to reinvigorate its positions.

Meantime, the SDF has also sent a military convoy, including several vehicles and a number of fighters along with a number of US troops and vehicles, to Western Deir Ezzur, the sources said.

The sources said the situation is now growing ripe for a tough battle between the two sides in the region.

Field sources said on Sunday that the Syrian army imposed control on Al-Jieh Water Pump as well as the villages of Shaqareh and al-Alian West of Deir Ezzur city and on the Eastern coast of the Euphrates which was under the control of the Kurdish forces after the government troops imposed full control over al-Janineh and al-Ji’eh villages.

The Syrian army’s advances in the region took place several days after construction of a bridge by the Russian forces between the two coasts of the Euphrates river for the passage of the military equipment and delivering them to the army positions in Eastern Euphrates, the sources added. NOTE: i NOTED THAT THE RUSSIAN SHIP THAT DOCKED AT THE RUSSIAN BASE CARRIED BRIDGEBUILDING BOATS!

The army troops regained control over the two villages of al-Ji’eh and al-Janineh in Western Deir Ezzur after heavy clashes with the SDF forces.

Meantime, the SDF forces started dispatch of military equipment from al-Kasreh city to Western Deir Ezzur after Syrian army’s victory in the two regions.

This is while neither the Syrian army nor the Kurdish forces have confirmed or dismissed the news.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

 

TRUMP GOES FULL DARTH VADER MODE AND ISRAEL STARTS WORLD WAR THREE 4-29-2018

Well, it didn’t take long after Trump’s new warrior Secretary of State  visited Israel before the missiles started flying. It also didn’t take long after Darth Trump talked with the totally corrupt “Bibi” for the missiles to fly into Syria. I guess the neo con warmongers now infesting Trump’s administration are in a hurry to start World War Three. Trump has not only sold us out, he is in a hurry. I saw where the caravan from Mexico’s people are now pouring over the California border, courtesy of Jerry Brown no doubt. The USA has reached critical mass in so many ways. Trump is just the carnival barker at this point.  I wish you good will and may you enjoy these final days before our doom is unleashed on us. May of 2018, for a lot of reasons, is a decisive month. We are dealing with the Iranian nuclear deal, as well as various dates in Israel. I am assuming the snowflakes will be out en mass on the Communist Holiday of May 1st. I thank all my blog readers for their support. I hope and pray you have had a good life. For I will tell you all plainly, we are here and now at the end of all things. Surf the anarchy, and enjoy the chaos. What is now, will not long endure, and what is to come will be nasty indeed.  Keep your eyes peeled, your powder dry, and your weapon close to you.

merkat 1.jpg

Truth really is the first casualty of war. The attack either came from Jordan and the USA, or from Israel launching Jericho surface to surface missiles from the Negev, or it came from the north and Turkey, or it came from Israel/US fighter jets, or maybe the tooth fairy did it. The bomb was either a tactical nuke, or a MOAB, or a missile.

Finally, it was either Israel or the USA that attacked the Iranian base and killed dozens of people and blew up on honking huge ammo dump.

At any rate, the fecal material has now well and truly hit the rotating blade. I’m not sure when, or how, Russia, Iran, Assad Junior and Hezzbollah are going to respond to Israel being given a green light by the neo con warmonger our gone over to the darkside Trump has anointed as our warrior Secretary of State, but they are going to. They will do so in a manner we don’t suspect, at a time we don’t expect, and on a scale we can’t comprehend. Make no mistake, gang. WORLD WAR THREE HAS JUST STARTED. Now that Russia has withdrawn from the defusing zones, there is NO MECHANISM LEFT TO PREVENT DIRECT COMBAT BETWEEN RUSSIAN AND SYRIAN AND IRANIAN FORCES WITH US LED COALITION OR ISRAELI.

Next, the most plausible denial way for Iran to piss on the fire-hydrant is to unleash the Houthi in Yemen and light up the Saudi oil refineries, and especially the offshore tanker loading platform. BY THE WAY ANYBODY THINK THE TWO REFINERY FIRES WE JUST HAD IN CONUS MIGHT BE BLACK OPS BY IRAN/HEZZBOLLAH? Nah, Alfaman we know how secure we are here in CONUS, cuz Obama told us so!!

Duck and cover gang, AND FILL UP YOUR GAS TANK TONIGHT.

We ain’t seen NOTHING YET out of Iran compared to what they are capable of. Now that Trump has gone to the dark side our end will come fast enough. Heck, it’s been good knowing ya all, and if don’t make it past Memorial Day it’s been a fun and whacky ride here at timebomb.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

SAUDI ARABIA TO DEPLOY MILITARY FORCES INTO EASTERN SYRIA AT TRUMP’S REQUEST 4-19-2018

Well, the Trump Presidency has certainly been both an interesting one, as well as entertaining, in the we are all going to die style. The latest news out of Syria indicates that, as the various groups line up to attack US forces now building permanent firebases, and deploying into them, Trump has come up with plan B; namely, declare victory, hold a parade and then run like hell. In order to leave some kind of stability in Syria the idea is now to deploy an “Arab Force,” to take over from the retreating NATO forces, mostly, not all, but most are Americans. Like I said in an earlier post: follow both the money, the oil and the pipelines. Assuming Saudi Arabia really is lunatic enough to deploy its military into Eastern Syria, things could get real interesting, very quickly.

The first point I will make is that based on the combat performance of Saudi Arabia’s military in the Iranian/Saudi Arabian proxy war in Yemen, Iran, Assad Junior and Hezzbollah will not be impressed. The second point is this. What kind of reaction can any Muslim military force, Saudi Arabia, Egypt, etc expect when they deploy into Syria. The answer is it will trigger off round 300 in the 1300 year long civil war between the Shia Muslims, and the Sunni Muslims. The Sunni forces of Saudi Arabia will come against the Shia forces of Iran, Hezzbollah, and Assad Junior. Saudi Arabia will merely extend the Yemen proxy war with Iran to Syria. The Turks will try to stand back and pick up the pieces. The Russians, well Putin is likely starting to realize he needs to declare victory, hold a parade and leave. Oh wait, Putin already did that. Unfortunately for Putin, the Syrian Kraken shot out a tentacle and pulled him back in. At the minimum, Putin is going to have to seriously beef up Assad Junior’s military forces.

While our POTUS may think he is exiting Syria what will really happen is a religious war between the Sunni and Shia Muslim factions will explode; when, not if, that happens Israel will then be sucked under by the Kraken. If Saudi Arabia and Egypt deploy Sunni military forces into Syria, then the Shia forces will fight back. If they fight back, then Israel will get sucked back in. If Israel gets sucked into Syria, then the USA and NATO will get sucked back in. It isn’t like this is rocket science here, gang.

The link is below.

https://www.aljazeera.com/news/2018/…20Bird%20Brief

Saudi in talks with US over troop deployment in Syria

Foreign Minister Adel al-Jubeir says Riyadh is willing to send soldiers amid reports Trump is looking to exit Syria.

18 Apr 2018

Saudi Arabia is holding talks with the United States about sending troops into Syria as part of a wider international coalition, the kingdom’s foreign minister has said.

In his comments on Tuesday, Adel al-Jubeir said the deployment offer was “not new”, adding that Riyadh had previously proposed the idea to former US President Barack Obama.

“We are in discussion with the US, and have been since the beginning of the Syrian crisis about sending forces into Syria,” al-Jubeir told reporters in Riyadh during a press conference alongside Antonio Guterres, the UN chief.

“We made a proposal to the [previous] Obama administration that if the US were to send forces … then Saudi Arabia would consider along with other countries sending forces as part of this contingent.”

The kingdom announced its readiness to deploy ground troops in 2016 to fight the Islamic State in Iraq and the Levant (ISIL, also known as ISIS) in Syria.

While Saudi’s air force partook in the aerial campaign aimed at defeating ISIL from the very beginning in 2014, the Gulf kingdom stopped short of a full ground troop deployment.

US forces in Syria
The news came a day after the Wall Street Journal reported US President Donald Trump was looking to assemble an Arab force that would include Saudi Arabia and the United Arab Emirates to replace US military presence in Syria.

The force, which Trump’s new National Security Adviser John Bolton hopes will include Egypt, would be in charge of stabilising the northeastern part of Syria, according to the report.

Al Jazeera’s Patty Culhane, reporting from Washington, DC, noted that the US defence establishment “is going to be very wary” of the Saudi plan.

“There’s great concern among leadership inside the [US] military about the ability of Saudi forces – just look at the war in Yemen that the US has been helping them fight with intelligence and refuelling,” said Culhane.

“There have been humanitarian catastrophes, numbers of schools and hospitals that have been hit, raising big concerns among human rights activists.”

Another key question is what will happen to US troops in Syria and whether they are expected to stay as part of an expanded mission, added Culhane.

“[It is] not at all clear that Trump is going to be OK with that,” she added.

The US has an estimated 2,000 troops stationed inside Syria, according to the Pentagon.

SOURCE: AL JAZEERA NEWS

 

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

SLEEPER CELLS AREN’T COMING: THEY ARE HERE IN CONUS 4-18-2018

Obama, our traitor in chief, did his job well. During his eight year reign of folly he left our borders wide open. The result of this was the infiltration of various “sleeper cells,” into our country. The reality is the sleeper cells aren’t coming to the USA. The reality is they are already here, laying dormant until they act. One of the major groups involved is Iranian supported groups, like Hezzbollah, or The Army of God, or Iranian Revolutionary Guards, and Al Quds forces. You may believe what you want to about the above statement. The fact the American people think themselves safe from these Iranian sleeper cells, does not mean they are.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

The link below explains further.

http://freebeacon.com/national-security/iranian-backed-sleeper-cell-militants-hibernating-u-s-positioned-attack/

Iranian-Backed ‘Sleeper Cell’ Militants Hibernating in U.S., Positioned for Attack

Iranian militants poised to attack U.S. homeland

Members of Hezbollah

Members of Hezbollah / Getty Images

BY: Adam Kredo https://platform.twitter.com/widgets/follow_button.73a792b0fbc7ab73a8e3b3db9c36a8ac.en.html#dnt=false&id=twitter-widget-0&lang=en&screen_name=Kredo0&show_count=false&show_screen_name=true&size=m&time=1524075419750

Iranian-backed militants are operating across the United States mostly unfettered, raising concerns in Congress and among regional experts that these “sleeper cell” agents are poised to launch a large-scale attack on the American homeland, according to testimony before lawmakers.

Iranian agents tied to the terror group Hezbollah have already been discovered in the United States plotting attacks, giving rise to fears that Tehran could order a strike inside America should tensions between the Trump administration and Islamic Republic reach a boiling point.

Intelligence officials and former White House officials confirmed to Congress on Tuesday that such an attack is not only plausible, but relatively easy for Iran to carry out at a time when the Trump administration is considering abandoning the landmark nuclear deal and reapplying sanctions on Tehran.

There is mounting evidence that Iran poses “a direct threat to the homeland,” according to Rep. Peter King (R., N.Y.), a member of the House Homeland Security Committee and chair of its subcommittee on counterterrorism and intelligence.

A chief concern is “Iranian support for Hezbollah, which is active in the Middle East, Latin America, and here in the U.S., where Hezbollah operatives have been arrested for activities conducted in our own country,” King said, referring the recent arrest of two individuals plotting terror attacks in New York City and Michigan.

“Both individuals received significant weapons training from Hezbollah,” King said. “It is clear Hezbollah has the will and capability.”

After more than a decade of receiving intelligence briefs, King said he has concluded that “Hezbollah is probably the most experienced and professional terrorist organization in the world,” even more so than ISIS and Al Qaeda.

Asked if Iran could use Hezbollah to conduct strikes on the United States, a panel of experts including intelligence officials and former White House insiders responded in the affirmative.

“They are as good or better at explosive devices than ISIS, they are better at assassinations and developing assassination cells,” said Michael Pregent, a former intelligence officer who worked to counter Iranian influence in the region. “They’re better at targeting, better at looking at things,” and they can outsource attacks to Hezbollah.

“Hezbollah is smart,” Pregent said. “They’re very good at keeping their communications secure, keeping their operational security secure, and, again, from a high profile attack perspective, they’d be good at improvised explosive devices.”

Others testifying before Congress agreed with this assessment.

“The answer is absolutely. We do face a threat,” said Emanuele Ottolenghi, a senior fellow at the Foundation for Defense of Democracies who has long tracked Iran’s militant efforts. “Their networks are present in the Untied States.”

Iran is believed to have an auxiliary fighting force or around 200,000 militants spread across the Middle East, according to Nader Uskowi, a onetime policy adviser to U.S. Central Command and current visiting fellow at the Washington Institute for Near East Policy.

At least 50 to 60 thousand of these militants are “battle tested” in Syria and elsewhere.

“It doesn’t take many of them to penetrate this country and be a major threat,” Uskowi said. “They can pose a major threat to our homeland.”

While Iran is currently more motivated to use its proxies such as Hezbollah regionally for attacks against Israel or U.S. forces, “those sleeper cells” positioned in the United States could be used to orchestrate an attack, according to Brian Katulis, a former member of the White House National Security Council under President Bill Clinton.

“The potential is there, but the movement’s center of focus is in the region,” said Katulis, a senior fellow at the Center for American Progress.

Among the most pressing threats to the U.S. homeland is Hezbollah’s deep penetration throughout Latin America, where it finances its terror activities by teaming up with drug cartels and crime syndicates.

“Iran’s proxy terror networks in Latin America are run by Tehran’s wholly owned Lebanese franchise Hezbollah,” according to Ottolenghi. “These networks are equal part crime and terror” and have the ability to provide funding and logistics to militant fighters.

“Their presence in Latin America must be viewed as a forward operating base against America’s interest in the region and the homeland itself,” he said.

These Hezbollah operatives exploit loopholes in the U.S. immigration system to enter America under the guise of legitimate business.

Operatives working for Hezbollah and Iran use the United States “as a staging ground for trade-based and real estate-based money laundering.” They “come in through the front door with a legitimate passport and a credible business cover story,” Ottolenghi said.

The matter is further complicated by Iran’s presence in Syria, where it has established not only operating bases, but also weapons factories that have fueled Hezbollah’s and Hamas’s war on Israel.

Iran’s development of advanced ballistic missile and rocket technology—which has continued virtually unimpeded since the nuclear deal was enacted—has benefitted terror groups such as Hezbollah.

“Iran is increasing Hezbollah’s capability to target Israel with more advanced and precision guided rockets and missiles,” according to Pregent. “These missiles are being developed in Syria under the protection of Syrian and Russian air defense networks.”

In Iraq, Iranian forces “have access to U.S. funds and equipment in the Iraqi Ministry of Defense and Iraq’s Ministry of Interior,” Pregent said.

The Trump administration has offered tough talk on Iran, but failed to take adequate action to dismantle its terror networks across the Middle East, as well as in Latin American and the United States itself, according to CAP’s Katulis.

“The Trump administration has talked a good game and has had strong rhetoric, but I would categorize its approach vis-à-vis Iran as one of passive appeasement,” said Katulis. “We simply have not shown up in a meaningful way.”

TURKEY’S ERDOGAN NOW FACING ECONOMIC CRISIS 4-0-2018

It is a proven fact that economic crisis can lead to the start of a shooting war. It is also true a political crisis can have the same result. Syria is now in a state of complete chaos. The airstrikes, apparently from Israel, have upped the ante. The Russian military response, firing cruise missiles on Syria ISIS targets has Syria is now in play on multiple levels, and with multiple players, Iran, Hezzbollah, Assad Junior, Russia, the US led Coalition, the Kurds and Turkey. Of them all, it is Erdogan’s brazen moves that are setting in motion the ongoing disaster in Syria.

Erdogan is a man on a mission. The mission is the restoration of the historical Ottoman Empire. The real danger in Syria is all the other players are making political and military decisions based on military and political value judgments. In the case of Erdogan, this is a very dangerous, and potentially fatal, thing to do. Erdogan is taking action based on spiritual and religious values, and not military or political values. As such, he is moving to the beat of another drummer than everybody else.

Finally, Erdgoan is now, after full consolidating all political and military power in Turkey, faced with an economic crisis. It is my belief that Erdogan’s economic crisis will result in military action designed to divert the people of Turkey’s attention away from their collapsing Lira. It should be obvious that Erdogan can’t wave a wand and make his economic crisis go away. Erdogan will do the next best thing, which is to unleash his military on the Kurds, and on his “enemies.”

The link is below.

https://www.zerohedge.com/news/2018-04-09/turkish-lira-tumbles-record-low-after-erdogan-promise-rescue-investors-high-rates

Turkish Lira Tumbles To Record Low After Erdogan Promise To “Rescue Investors From High Rates”

The Turkish Lira accelerated its recent demise today – breaking below two critical thresholds – as President Erdogan rebuffed investor calls for higher rates to tamp down excess growth (inflation), commenting that they “are speaking out of jealousy.”

nvestors have called for higher interest rates to moderate an economy they say is overheating, but Turkey’s responded instead with stimulus measures aimed at boosting growth.

“There isn’t much use, from a disinflation perspective, if any tightening by the central bank will lead the government to become even more aggressive via fiscal measures,” Kaan Nazli, a strategist at Neuberger Berman Group, said by email.

And Erdogan’s comments today have sparked fresh selling in the Lira…

ERDOGAN WITH HORNS 4-9-2018.jpg

Those who say Turkey’s growth rate is excessive are speaking out of jealousy, Turkish President Recep Tayyip Erdogan says in a speech announcing new investment incentives in Ankara.

Erdogan says that the Turkish growth rate is creating a more just income distribution, and hopes that unemployment will drop below 10% soon.

Growth means investment. Investment means employment, production, technology, exports and prosperity, Erdogan says.

“Without bringing interest rates down, can these investments be done? We’re talking about an investment-support incentive system, and here, first of all, we need to save investors from these high interest rates”

Above 5.00 against the Euro for the first time ever and above 4.00 versus the dollar for the first time ever…

This mismanagement of the currency leads to a loss of confidence in the purchasing power of the lira which is hard to cure,” said Lutz Roehmeyer, who helps oversee about $14 billion at Landesbank Berlin Investment GmbH. “Only massive one-off hikes can heal this situation, which is of course not popular as it slows the economy.”

 

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU