Iraq, Syria & Ukraine-Financial Gateways -Nomi Prins & Greg Hunter Video

By Greg Hunter’s USAWatchdog.com 

Best-selling author Nomi Prins says the trouble with Ukraine, Iraq and Syria are happening because they are what she calls the “gateways.”  Prins explains, “What I call the gateways are the countries in the world where political and financial strategy connect in respect to the United States and its bankers. . . . Why do we care about the Ukraine?  We care about Ukraine because it’s a gateway to oil.  It’s a gateway to Eastern Europe.  It’s a gateway to control a situation politically, but also for our banking system to get involved from a financial perspective.  Putin understands Ukraine is a gateway, as well. Russia backed a lot of the larger Russian banks . . . to fund oil and infrastructure and to basically take over the roll the U.S. banks and European banks were starting to have in the Ukraine.”

The Middle East is the same scenario.  Prins says, “Russia has backed pipelines in Iraq.  Lukoil is involved in projects there that have billions of dollars of money attached to them.   U.S. banks also see the potential for billions of dollars of, not just oil money, but financing, or what’s called project financing, of the pipelines in Iraq.  There is an $18 billion pipeline project and Citi Group wants to finance that.  Citi Group set up a bank in Iraq last year to be able to do that.  Citi Group has a $2 billion contract with Boeing financing airplanes with Iraq.  So, there are a lot of other components in that region that are still in flux.”

Prins, who was also a top Goldman Sachs banker, says there are big risks for bankers in the Middle East and warns, “What could go wrong is we could get into another five or ten years . . . of civil war with multiple factions of terrorism in the area that we cannot possibly have control over.  The fact that we are even having this conversation, the conversation in Washington is going on about ISIS, means we have no control over the situation. . . . The United States has been trying to pick the faction that is going to be most friendly for decades, and the faction that is most friendly is the one that is supposed to support the opening of the area for financial and resource purposes, and that doesn’t always work!  It often leads to heightened terrorism and heightened aggression against the United States and its citizens.  We come in and make that unstable situation even more unstable.”

Prins goes on to say, “These are areas everybody wants to control for resource purposes, as well as financial infrastructure purposes, and to change and open these countries in such a way so that is available to both Russia and China as well as to the U.S. in the future.  That’s what’s at stake here. . . . Nobody really wants to have a third world war.  That’s expensive and deadly, but this fighting over financial political gain is really continuing to crescendo.  It’s crescendoing because there is so much money on the table and because the economies involved, ours, China’s, Russia’s, are really all weaker than any government wants to admit on the surface.”

On the so-called recovery, Prins contends, “We are not even stable enough as it is.  We haven’t created enough jobs for the population growth since the crisis in 2008, regardless of what the percentage numbers say, and most of us know that.  What the market has been growing on is zero percent interest rates for the past six years.  It’s the same thing in Europe. . . . The central banks are not going to be raising rates because they can’t.  The only thing keeping any semblance of economic positivity for corporations, individuals and markets is the fact that money has no cost. . . . The reality is the jobs aren’t there.  This is artificial.  The money isn’t funneling into the average citizens in any of these countries, and that creates instability.  Which is, again, why all these gateway areas are so important. . . . There is a lot at stake here globally.”

Join Greg Hunter as he goes One-on-One with Nomi Prins, author of “All the Presidents’ Bankers.” 

(There is much more in the video interview.)

After the Interview:
Nomi Prins writes articles on her website you can access for free.  For her article on “Gateways,” please go to NomiPrins.com.  If you would like to get a copy of her terrific new book “All the Presidents’ Bankers,” please click here.

http://usawatchdog.com/iraq-syria-and-ukraine-financial-gateways-nomi-prins/