Sinclair – Conflict Erupts As Elites Plan More Wealth Destruction
Posted April 8th, 2013 by Eric King & filed under King World News
Today Jim Sinclair warned King World News that conflict has now erupted between Western central planners as the elites have planned further wealth destruction. Sinclair also cautioned that people in the US and Canada will be shocked when their wealth is stolen. Below is what Sinclair, who was once called on by former Fed Chairman Paul Volcker to assist during a Wall Street crisis, had to say in this remarkable interview.
Sinclair: “How in the world can Lagarde say that Cyprus is a one-off? The spreading of bail-in being written into Canadian law, New Zealand law, as well as in other countries, tends to indicate that what has been done in Cyprus is in fact a test case for further application. If it wasn’t, it was an economic act of war by Europe against Russia.”
Eric KIng: “Jim, when you see that being written into law in countries elsewhere, they are not setting that up for no reason.”
Sinclair: “No. They are not writing that in because some junior clerk supports the approach. When countries write things into legal documents it passes legal review. So the possibility of that being a mistake is nil….
Click here to read the full interview on KingWorldNews
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Eric King: “So when Lagarde and others are all coming out on the wire today and saying Cyprus isn’t a template, they are all lying?”
Sinclair: “Yes. Today the European Union and Monetary Commissioner Olli Rehn also said the Cyprus model can be completely ruled out and it will never considered again. But if it isn’t an indication, why is this model being picked up in so many other countries?
We do know that Bernanke and Draghi took exception to what Lagarde and the IMF orchestrated in Cyprus, there is no question about that. The bottom line here is that Lagarde and the Dutch Finance Minister let the Cyprus model out of the bag too early, and what it has created is extreme fear on the part of depositors which could turn into chaos.