Saturday, April 18, 2020
Today, I finished reading a book by an acquaintance, Kevin Freeman, called Secret Weapon: How Economic Terrorism Brought Down the U.S. Stock Market and Why it Can Happen Again. This book documents how the U.S. financial system, including the stock and bond markets, banking system, and currency, is profoundly vulnerable to our nation’s enemies.
This book was written prior to President Trump taking office, and clearly documents the ways the American and other economies have been attacked by economic terrorists, and how American laws and computer trading has been used to inflict attacks on and about September 11, 2001, and during and leading up to September and October 2008. Every weakness and loophole is explored, along with potential fixes to the system. Much of the problem is rooted in politics, unfortunately, which is why both the G.W. Bush and Obama administrations were hesitant to recognize the problems for what they are and to implement protective measures.
The tools used in modern warfare includes oil price and supply manipulation, currency and debt manipulation, bear raids, credit default swaps, naked short selling, double- and triple-short exchange-traded funds, sovereign wealth funds, “dark markets,” “dark pools” and sponsored access, algorithmic trading, rogue traders, arboon (the Islamic substitute for short trading and even Sharia-compliant finance. I don’t comprehend fully all of these, but all of them are perfectly legal mechanisms, which America’s many enemies can exploit to either bankrupt a particular company (e.g., Lehman Brothers in 2008) or even bring a nation’s economy to its knees.
Freeman documents how he proved to the government that the 2001 and 208 financial catastrophes were the explicit results of Islamic financial terrorism, for the former being a result of al Qaeda short-selling prior to the 9-11 attacks, a move that made tens of millions of dollars in profit for Bin Laden.
The current rules hide the identity of the traders, making it easy for these manipulators who are able to bring down an economy the likes of the United States, to escape recognition. Yet the motives and abilities of America’s enemies to bring about such attacks have been readily revealed and uncovered – documented in this book. These enemies include not just the usual suspects of Islamic terrorists, but the likes of Russia, Saudi Arabia, and China. Rapid trading hides what is happening until it is too late!
It is just one more sign that we are living in the last days. Our hope must rest solely on the Lord Jesus Christ, not on the United States of America. And we mustn’t live in a spirit of fear. Even this COVID-19 coronavirus has reportedly been intentionally spread as a weapon upon the United States and the West. Kevin Freeman approximately 8 years before 2020, in Secret Weapon, quoted columnist J.R. Nyquist, “The rationale behind Chinese capitalism is not to eliminate Communism. The rationale is to fight fire with fire – to defeat capitalism by capitalistic means.” Freeman adds, “When that fails, war becomes inevitable. The Chinese have even suggested biological warfare. ‘It is indeed brutal to kill one or two hundred million Americans,’ General Chi said in 2005. ‘But that is the only path that will secure a Chinese century.’”
Freeman also tells us, “Rather than directly confronting our military might, some of America’s enemies have chosen to use secret weapons to attack us. They have done it before, and they will do it again. Yet our government is unwilling to imagine the possibility of a catastrophic economic attack. When Phase Three fully arrives, it will make Phase Two (2008) look like a picnic.” Is that what we’re seeing now?