While the war in Ukraine continues with sudden ferocity, the conflict between Israel
and the Palestinians escalated in October 2023 and quickly developed into
another war.
The war in Ukraine has now claimed hundreds of thousands of lives on both sides, forced millions to
flee their homes and devastated large areas of Ukraine.
The number of victims in the Gaza war is also soaring.
Hundreds of thousands of Palestinians have been forced to flee and ever larger areas of the
Gaza Strip are being devastated.
The financial and economic impact of the wars is also catastrophic.
The cost of rebuilding Ukraine alone is estimated by the European Investment Bank
at 1.1 trillion dollars.
Globally, the war in Ukraine caused economic damage of 1,650 billion
US dollars in 2022 alone.
World trade collapsed and prices for energy and food exploded, while at the
same time the warring parties and their supporters literally burned through
urgently needed funds in the war.
As at 31.07.2023, these were the following amounts:
EU € 84.8 billion, USA € 69.5 billion, Germany € 20.9 billion and
UK € 13.8 billion.
In the Gaza war, Israel and the USA have now agreed on military aid of almost
34 billion euros.
In view of this context, the wars should actually be stopped immediately.
However, as the financial and economic expert Ernst Wolff explains in the following
program, there is no interest in ending the wars, which
also explains the endlessness of the war in Ukraine.
Wolff's comments are in line with those of investigative US journalist David Sorensen
in his documentary film Israel - Unveiling a Mystery. [www.kla.tv/Israel/27342].
Sorensen proves conclusively that the Gaza war was deliberately staged.
This means that this war, too, is quite obviously deliberate.
Now listen to Ernst Wolff on the reasons for these wars.
Hello, Ernst Wolff here.
Friedrich Schiller once said that the best merchant is war.
He turns iron into gold.
This is also true in our time.
After Ukraine, we are currently experiencing the next war in Israel and beyond in
the Middle East.
Both wars are accompanied by political and media campaigns that are almost exclusively
concerned with blaming the enemy for the war and defaming and silencing critics
of their own policies.
There is a reason why these campaigns are carried out at enormous financial expense
and supported by numerous international organizations, including foundations and NGOs:
They distract the public from the all-important question of who
are actually the winners in these wars and, apart from those affected and the victims,
who are the losers?
What does such a war mean economically?
Let's take a fundamental look at what the conversion from a peacetime economy
to a war economy means:
The first consequence is that more armaments have to be produced.
The mandate for this is issued by the government, which also has to finance the whole thing.
In turn, it does this with taxpayers' money that was previously earned by the population.
So it is basically a redistribution.
Taxpayers' money flows into the pockets of the arms industry as a result of a government
decision.
Now the objection may be raised that most governments are heavily in debt
and do not have the fiscal resources to boost the arms industry.
They also have a solution for this:
The governments get the money for themselves.
To this end, they issue government bonds, which they buy from the central bank
and pass on to the commercial banks.
In doing so, however, they promote the creation
of money, because this process means nothing other than that new money has to be created
out of nothing.
However, this new money increases the total money supply and thus drives inflation.
This in turn expropriates the ordinary citizen, who in this case pays not with his taxes
but with the loss of his purchasing power.
In any case, the losers of the war are the ordinary citizens who were not consulted
in the decision to go to war.
In other words, this is a forced redistribution of wealth from the
vast majority to a small minority.
Let's take a closer look at this minority.
Of course, this primarily includes weapons manufacturers, i.e. the arms industry.
In the case of Ukraine and Israel, this means above all the US arms industry, which is the main
supplier in both countries.
However, large corporations such as Lockheed Martin, Raytheon, Boeing and Northrop are not
the only winners.
War means that weapons are needed in huge quantities and that they have to be constantly
resupplied and produced.
Of course, this is fanning the flames of competition among defense companies,
which are expanding their capacities on a grand scale.
However, this requires investment and they do not get the money for this as a gift,
but in the form of loans from the banks.
So it is also the banks whose business is boosted by a war.
But that's not all these days, because we are
living in the age of the fourth industrial revolution, in which the weapons industry
is technologically dependent on the IT industry.
Just a reminder:
Before it was released for private use, the Internet was also a purely military facility.
In other words, alongside the arms industry and the banks, the IT giants are also among
the big winners of the war.
So now it gets interesting,
because now the all-important question arises:
Who is behind the US defense contractors, the Wall Street banks and the IT giants
of Silicon Valley?
Let's start with the arms companies:
The main shareholders of Lockheed Martin, Raytheon and Northrop are the asset managers
Vanguard, State Street and BlackRock.
Vanguard is also the largest institutional shareholder in Boeing.
The same applies to Wall Street banks today.
Let's just take a look at the five biggest, whether
JP Morgan Chase, Bank of America, City Group, Wells Fargo or U.S. Bancorp:
Vanguard, BlackRock and State Street are among the main shareholders in all of them.
And finally, let's take a look at the largest IT companies in Silicon Valley.
We also find the usual asset managers at Apple, Microsoft, Amazon and Alphabet.
When you then consider that Vanguard is a major shareholder
in BlackRock and that both are major
shareholders in State Street, then you know who rules our world today.
The governments are certainly not!
Now the question arises: Who is behind State Street, Vanguard and BlackRock?
According to Ernst Wolff, they are asset managers.
According to Wolff, they manage the
assets of the super-rich, including the Rothschilds, Rockefellers, Warburgs,
Goldman Sachs, Bill Gates, Warren Buffet and Elon Musk.
The Rothschilds, for example, have transferred around USD 2.8 trillion to
BlackRock, making it the world's largest asset manager in one fell swoop.
So once again, it is the small group of super-rich people who are the sole beneficiaries of these wars.
If one also takes into account that leading Western heads of government such
as Joe Biden, Emmanuel Macron, Rishi Sunak and the Ukrainian Prime Minister Volodymyr Selenskyj
are closely linked to these circles, it becomes obvious that this group, in its excessive
pursuit of power and wealth, is systematically plunging the nations into war, misery
and poverty.
It is therefore essential that a global ban on crisis profits is enforced.
If profits can no longer be generated from disasters of any kind, but the profits made in this way have to be used for reconstruction or damage mitigation, for example, this evil game will end abruptly.