I've written several diaries about this impending financial system collapse, which to me, it has been obvious for quite some time now. Some people react with anger, disbelief, or derision to such warnings, but I think that what lies behind those reactions is fear.
My take on these types of "shock doctrine" events is to always follow the money (and the power), when all its said and done. After the "dust is settled," what remains?
As I've warned consistently, at a macro level, what (I think) is happening is that the decades-long efforts of an interconnected international ruling elite (using the IMF, FED, Euro Bank, Chicago School of Economics-type philosophies) is finally bearing fruit.
"They" were able to create a mammoth international financial system cartel controlled by a very small group of people, and then linked the national economies of democratic countries in Europe, and in the United States, to such system. Ultimately, the system is predatory, and is designed to take down democratic institutions and governments in favor of technocratic corporate-controlled systems.
The recent collapse of democratic governments in Greece and Italy, and the blindingly-fast takeover by bankers and technocrats, gives us a taste of what's about to happen at a massive, international level.
Right now the international (corporatist) propaganda machine is on high gear, as it helps sets the stage for the collapse of democratic governments. All the intricacies about the Eurozone, and the foreign debts, and bonds, and downgrade of ratings, and how if the Eurozone falls, U.S. banks may be affected, and how these things could bring about an economic depression, etc., in the final analysis could be seen as smokescreens, as subterfuge, meant to rationalize in the minds of the masses, the extreme measures governments are going to "purportedly" be forced to take: Basically, more "austerity" for the masses; less democracy; more wealth and power for the ruling elite.
It's basically a re-creation of a feudal system, albeit a modern version.
And as we move in that direction, here's one example of the drumbeat, as reported today by The Telegraph (in the UK): Prepare for riots in euro collapse, Foreign Office warns - British embassies in the eurozone have been told to draw up plans to help British expats through the collapse of the single currency, amid new fears for Italy and Spain.
As the Italian government struggled to borrow and Spain considered seeking an international bail-out, British ministers privately warned that the break-up of the euro, once almost unthinkable, is now increasingly plausible.
Diplomats are preparing to help Britons abroad through a banking collapse and even riots arising from the debt crisis.
The Treasury confirmed earlier this month that contingency planning for a collapse is now under way.
A senior minister has now revealed the extent of the Government’s concern, saying that Britain is now planning on the basis that a euro collapse is now just a matter of time.
Another way of looking at this is that as the Occupy Movement spreads in all these countries, including in the United States, the financial system collapse will serve as a "electrical prod" on the restive citizenry of these countries, in order to render it immovable, at least for a while, until the new neo-fascist technocratic police state world system can be put in place, and consolidate power.
Even if some see these warning as "extreme" or CT stuff, I think it would be good for people within the Occupy Movement to think about contingencies, in case there is a financial collapse, so people don't get distracted, and so we can keep the revolution going, no matter what happens.
What could those contingencies be? Basic stuff... People should start work-groups to plan for local sustainability (food, shelter, security), communes, collectives, so in case the financial system collapses, people have an alternative system they can put in place, while we work through the upheaval.
Reject fear, and stay focus, no matter happens. Do not agree to give these rising fascist governments any more power, including the ability to undermine human rights and constitutional protections.
If anything, if and when the financial system collapses, that will be the time to escalate the Occupy Movement, exponentially. But people need to avoid violent confrontations with the authorities, since they are gearing up for violent riots.
In the confusion, and fear, the vast majorities of the middle class in the U.S. and Europe (under the influence of propaganda) will clamor for order, and will acquiesce to demands for more power by the "authorities." That's always how fascism rises.
The Occupy Movement has to have a strategy to deal with these challenges...
Ultimately, it's another scam; another "shock doctrine" event (the upcoming financial system collapse). Do not fall for it this time.