The following item appears in the EIR Strategic Alert Service weekly newsletter, datelined April 3, 2025.
The EU “ReArm Europe” plan and the German rearmament plan are officially motivated by two emergencies: the Russian military threat and Donald Trump’s intention to deprive Europe of the American nuclear umbrella. Don’t believe it. In reality, the current drive for a war economy is the latest phase of a permanent bailout of the international financial system, the most recent stage of which began around 2017-2019. As central banks realized that the system which they had bailed out with taxpayer money in 2008 was on the verge of collapse again, they launched a new bailout, in the form of the Green Bubble. The narrative was that a new emergency, i.e., the climate crisis, justified a massive injection of government money into Green assets. Thus, in December 2017, a group of central bankers, led by then-Bank of England Governor Mark Carney, launched the Network of Central Banks for Greening the Financial System. The markets rejoiced: “Green Is The New Gold,” was the message sent to investors.
Then, the process geared up after the Aug. 22-24, 2019 Jackson Hole, Wyoming central bankers meeting, where BlackRock executives launched a scheme for total dictatorial control over the financial system by central banks, similar to what Hitler’s central banker Hjalmar Schacht had implemented in 1933.
On Sept. 16-17, 2019, when the financial system was again on the verge of collapse, forcing central banks to issue emergency liquidity, preparations for launching the new bubble accelerated. On Dec. 11, 2019, Ursula von der Leyen announced the European Green Deal, initially estimated to require €1 trillion in sustainable investments over a 10-year period (2021-2030).
