India Rejects U.S. Economic Leadership

This is the global story-of-the-week… the month… perhaps the year.

That rumbling you’re about to feel… is a tectonic shift in the realm of finance and markets—this Administration has succeeded in a crowning isolation of the United States from virtually every up-and-coming player in world trade.

From Zero Hedge: “India Slams US Global Hegemony By Scuttling Global Trade Deal, Puts Future Of WTO In Doubt.”

Of course, for India the problem with a Japanese alliance is that it would also by implication involve the US, the country which has become insolvent and demographically imploding Japan’s backer of last and only resort, and thus burn its bridges with both Russia and China. A question emerged: would India embrace the US/Japan axis while foregoing its natural Developing Market, and BRICS, allies, Russia and China.

We now have a clear answer and it is a resounding no, because in what was the latest slap on the face of now crashing on all sides US global hegemony, earlier today India refused to sign a critical global trade dea. Specifically, India’s unresolved demands led to the collapse of the first major global trade reform pact in two decades.WTO ministers had already agreed the global reform of customs procedures known as “trade facilitation” in Bali, Indonesia, last December, but were unable to overcome last minute Indian objections and get it into the WTO rule book by a July 31 deadline.

WTO Director-General Roberto Azevedo told trade diplomats in Geneva, just two hours before the final deadline for a deal lapsed at midnight that “we have not been able to find a solution that would allow us to bridge that gap.

Reuters reports that most diplomats had expected the pact to be rubber-stamped this week, marking a unique success in the WTO’s 19-year history which, according to some estimates, would add $1 trillion and 21 million jobs to the world economy.

Turns out India was happy to disappoint the globalists: the diplomats were shocked when India unveiled its veto and the eleventh-hour failure drew strong criticism, as well as rumblings about the future of the organisation and the multilateral system it underpins.

The West has hollowed out its manufacturing base and controlled and oppressed the world through high-level financial games. Those days are rapidly coming to an end, and relatively soon the only thing we will lead the world in is military power.

That is a recipe for horror beyond belief.

This is a 9.8 on the “Macroeconomic Richter Scale.” I know, I know… 90% or more have been so economically dumbed-down that most people cannot even fathom what this means. Trust me… it’s beyond comparison in our experience, and several generations.

So, what comes next?

The stage is set. Economic fissures lead to increasing division between blocs… resources and energy will be spoils to the victors… and unless we make wholesale changes in our leadership, they will turn us to the only tool left in the box to preserve power and wealth on the world stage: Firepower.

Yeah, this sounds overly dramatic… I get it. Sorry, I didn’t see this one coming. That said, without massive changes, I believe this is where things are headed.

This is a massive setback for the globalists who have been unfolding their plan for a long time. In my assessment, that’s a good thing, because Western political, banking, and business tyrants need to be slapped. They have done the opposite of loving our neighbors for too long, and they must be toppled.

We have a very small window here to change leadership in the West to avoid conflagration. Electoral shockwaves hit Europe extremely hard earlier this year. Let’s pray with passion that a similar shaking comes to American from now through November.